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BTC confirmations

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

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  1. Tutu

    Tutu Guru

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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)
     
    Tutu, Aug 22, 2016
    #1
  2. Golden Plug

    Golden Plug Active Member
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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.
     
    Golden Plug, Aug 22, 2016
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  3. Boolean

    Boolean Member
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    BTC confirmations
    When I bought gold people only asked for 1 confirmation as well
     
    Boolean, Aug 25, 2016
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  4. Slave2TheGP

    Slave2TheGP Active Member
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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)
     
    Last edited: Aug 26, 2016
    Slave2TheGP, Aug 26, 2016
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  5. SkythE

    SkythE ALWAYS Request a PM Before Trading With Me!
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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.
     
    SkythE, Aug 26, 2016
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  6. PodolskiFTW

    PodolskiFTW Active Member
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    BTC confirmations
    I don't think bitcoins can be charged back after 1 confirmation.
     
    PodolskiFTW, Aug 26, 2016
    #6
  7. Slice

    Slice Cheapest RSPS/OSRS Prices on the market!
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    BTC confirmations
    One and you should be fine.
     
    Slice, Aug 26, 2016
    #7
  8. greentuta

    greentuta Newcomer

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    BTC confirmations
    you need 1 confirmation, and bitcoins can not be charged back
     
    greentuta, Aug 28, 2016
    #8
  9. Astro

    Astro Legend
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    BTC confirmations
    Answered, cheers guys.
     
    Astro, Aug 28, 2016
    #9
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