BTC confirmations

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by Tutu, Aug 22, 2016.

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BTC confirmations
  1. Unread #1 - Aug 22, 2016 at 11:31 AM
  2. Tutu
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    BTC confirmations
    When selling gold for BTC how many confirmations should I wait for before it cannot be charged back?

    (new to btccoins)
     
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  3. Unread #2 - Aug 22, 2016 at 12:16 PM
  4. Golden Plug
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    BTC confirmations
    Most sites including myself only wait for 1, once you get 1 you're pretty much good to go.
     
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  5. Unread #3 - Aug 25, 2016 at 5:15 PM
  6. Boolean
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    BTC confirmations
    When I bought gold people only asked for 1 confirmation as well
     
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  7. Unread #4 - Aug 26, 2016 at 6:30 AM
  8. Slave2TheGP
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    BTC confirmations
    you're good once you get 1. Most people wait for 2 minimum. as it's confirmed by two different blocks also BTC=Bitcoins (btccoins isn't the abbrev :p)
     
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    Last edited: Aug 26, 2016
  9. Unread #5 - Aug 26, 2016 at 8:31 AM
  10. SkythE
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    BTC confirmations
    I usually only wait for 1 confirmation, depending on who i'm selling it to though. If it's a repeat customer that I trust, it's instant delivery.
     
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  11. Unread #6 - Aug 26, 2016 at 8:44 AM
  12. PodolskiFTW
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    BTC confirmations
    I don't think bitcoins can be charged back after 1 confirmation.
     
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  13. Unread #7 - Aug 26, 2016 at 12:53 PM
  14. Slice
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    BTC confirmations
    One and you should be fine.
     
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  15. Unread #8 - Aug 28, 2016 at 5:04 PM
  16. greentuta
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    BTC confirmations
    you need 1 confirmation, and bitcoins can not be charged back
     
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  17. Unread #9 - Aug 28, 2016 at 6:37 PM
  18. Astro
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    BTC confirmations
    Answered, cheers guys.
     
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