Bitcoin Confirmation Explained: A Complete Guide

Franko (FRK)

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Credits

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Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCC could have a killer app for 0-confirmations, which "causes value to increase drastically and maybe flippen" @14min mark

Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCC could have a killer app for 0-confirmations, which submitted by cryptorebel to btc [link] [comments]

Flashback Friday: Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCH could have a killer app for 0-confirmations, which "causes value to increase drastically and maybe flippen" @14min mark, Hopefully this is what Amaury Sechet is working on.

Flashback Friday: Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCH could have a killer app for 0-confirmations, which submitted by cryptorebel to btc [link] [comments]

Gavin Andresen - Feb 2013: I think we should put users first. What do users want? They want low transaction fees and fast confirmations. Lets design for that case, because THE USERS are who ultimately give Bitcoin value.

Gavin Andresen - Feb 2013: I think we should put users first. What do users want? They want low transaction fees and fast confirmations. Lets design for that case, because THE USERS are who ultimately give Bitcoin value. submitted by 2ndEntropy to btc [link] [comments]

Mastering Bitcoin: "A common misconception about bitcoin txs is that they must be "confirmed" by waiting 10min...[or more] such a delay is unnecessary for small-value items..."

Mastering Bitcoin: submitted by unstoppable-cash to btc [link] [comments]

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold'

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold' submitted by Anen-o-me to GoldandBlack [link] [comments]

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold'

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold' submitted by BitcoinMafia to btc [link] [comments]

1/ Chinese court confirms Bitcoin protected by law. Shenzhen Court of International Arbitration ruled a case involving cryptos. Inside the verdict: CN law does not forbid owning & transferring bitcoin, which should be protected by law bc its property nature and economic value.

1/ Chinese court confirms Bitcoin protected by law. Shenzhen Court of International Arbitration ruled a case involving cryptos. Inside the verdict: CN law does not forbid owning & transferring bitcoin, which should be protected by law bc its property nature and economic value. submitted by GalacticCannibalism to Bitcoin [link] [comments]

Long time Bitcoin Core advocate "Cobra" confirms: ▪️Lightning is a threat to BTC's value ▪️Lightning is better used with other coins 0 use case left, no more reason to hold or buy BTCs. 📉🔥

Long time Bitcoin Core advocate submitted by Windowly to btc [link] [comments]

Flashback Friday: Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCH could have a killer app for 0-confirmations, which "causes value to increase drastically and maybe flippen" @14min mark, Hopefully this is what Amaury Sechet is working on.

Flashback Friday: Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCH could have a killer app for 0-confirmations, which submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCC could have a killer app for 0-confirmations, which "causes value to increase drastically and maybe flippen" @14min mark

Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCC could have a killer app for 0-confirmations, which submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Sent BTC of 0.04 for 6 usd value confirmation time /r/Bitcoin

Sent BTC of 0.04 for 6 usd value confirmation time /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold'

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold' submitted by vegasbooty to Cryptoandme [link] [comments]

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold'

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold' submitted by BitcoinMafia to AllThingsCrypto [link] [comments]

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold'

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold' submitted by scgco to GGCrypto [link] [comments]

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold'

Fed Chairman slams Libra, confirms Bitcoin as a legit 'store of value like gold' submitted by BitcoinMafia to CryptoCurrencies [link] [comments]

Really BTC?? $5750?!? Meanwhile I have a payment of .02 BTC sitting on blockchain for last 2 hrs and still waiting on one confirmation. How long does it take to buy something on amazon again? Oh, hi there intrinsic value! I lost you inside this massive bubble. /r/Bitcoin

Really BTC?? $5750?!? Meanwhile I have a payment of .02 BTC sitting on blockchain for last 2 hrs and still waiting on one confirmation. How long does it take to buy something on amazon again? Oh, hi there intrinsic value! I lost you inside this massive bubble. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCC could have a killer app for 0-confirmations, which "causes value to increase drastically and maybe flippen" @14min mark

submitted by BitcoinAllBot to BitcoinAllTV [link] [comments]

09-02 20:12 - 'but for it to continue...? / What about the fees and confirmation times? / It seems it's becoming more of an asset class investment for investors to park their value. / BCC seems to be promising the currency adopti...' by /u/GalacticFlotsam removed from /r/Bitcoin within 67-77min

'''
..., but for it to continue...?
What about the fees and confirmation times?
It seems it's becoming more of an asset class investment for investors to park their value.
BCC seems to be promising the currency adoption vision and carrying on the spirit of the Satoshi white paper.
'''
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Author: GalacticFlotsam
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Gavin Andresen - Feb 2013: I think we should put users first. What do users want? They want low transaction fees and fast confirmations. Lets design for that case, because THE USERS are who ultimately give Bitcoin value.

submitted by BitcoinAllBot to BitcoinAll [link] [comments]

I was on the phone to a friend of mine across the pond discussing debt. He is a large gold mine/claim owner. We both believe that bitcoin is the only true future safe haven. As debt increases people invest into gold. But can you confirm exactly how much gold there is?... No! So how do you value it?

I was on the phone to a friend of mine across the pond discussing debt. He is a large gold mine/claim owner. We both believe that bitcoin is the only true future safe haven. As debt increases people invest into gold. But can you confirm exactly how much gold there is?... No! So how do you value it? submitted by CryptoAJH to Bitcoin [link] [comments]

"If no changes are made the current 1MB block size limit, the value of bitcoin as a quick, international transactional system would decrease due to longer transaction confirmation times and reduced network reliability." -Will Bitcoin Block Size Increase Cause XBT’s Next Price Move?

submitted by bitcoinik to Bitcoin [link] [comments]

My first Bitcoin transaction of $5USD worth of BTC was 18x the average size (I didn't know what I was doing lol) and was confirmed for 6 cents USD in 2016 (30 cents if you apply today's price). Today this transaction would have costed over $16USD (3x the actual value of the coins)

My first Bitcoin transaction of $5USD worth of BTC was 18x the average size (I didn't know what I was doing lol) and was confirmed for 6 cents USD in 2016 (30 cents if you apply today's price). Today this transaction would have costed over $16USD (3x the actual value of the coins) submitted by crypomonde34 to btc [link] [comments]

Bitcoin Awaiting Confirmation! April 2019 Price Prediction ... 4th TIME IN HISTORY!!! BITCOIN BULLMARKET CONFIRMATION ... How To Call A Bitcoin Bull Run - Technical Confirmations Of Bitcoin Bullishness CAUTION! Bitcoin TOP CONFIRMATION To Watch TODAY - $1 Trillion FED Stimulus BITCOIN MOVES BULLISH - Will It Continue?

How many Bitcoin Confirmations are Enough? 0. Payments with 0 confirmations can still be reversed! Wait for at least one. 1. One confirmation is enough for small Bitcoin payments less than $1,000. 3. Enough for payments $1,000 - $10,000. Most exchanges require 3 confirmations for deposits. 6. Enough for large payments between $10,000 - $1,000,000. Six is standard for most transactions to be ... Der Bitcoin nimmt nach der Korrektur auf unter 9.000 Dollar wieder Fahrt auf. Für positive fundamentale Impulse sorgt mal wieder PayPal. Denn die Pläne des Payment-Giganten, Bitcoin in sein ... Bitcoin confirmations are the network’s way of mathematically solidifying the idea that a given transaction has gone through. For every additional block confirmation that goes through, the network’s confidence that a given transaction is legitimate increases. Exchanges like Coinbase require only 3 network confirmations, because at that point, mathematically speaking, its almost certain the ... The number of confirmations on the Bitcoin network increases with the value of the transaction. When a more significant transaction value is involved, the number of approvals is increased to secure the transaction. For instance, Bitcoin experts recommend 60 confirmations for transactions involving over $1,000, 000. For transactions value below $1, 000, 3 approvals are sufficient. Bitcoin transaction confirmation is needed to prevent double-spending of the same money. One of the main advantages of bitcoin is that it avoids the problem of double-spending, i.e. the risk that a digital currency token may be copied and spent more than once.In spite of having no central authority to verify that its tokens are not being duplicated, bitcoin successfully avoids double-spending ...

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Bitcoin Awaiting Confirmation! April 2019 Price Prediction ...

Stock markets decided to rebound today with a last-minute recovery operation, but Bitcoin is still hovering just below $9,000. Let's see if BTC will follow, and what the likely path will be. Join ... In this BTC price video I discuss what to look for in terms of bullish confirmations for Bitcoin price. ... bitcoin price, litecoin, litecoin price, litecoin bullish, bitcoin cryptocurrency ... These Bitcoin bull run confirmations consist of Bitcoin moving averages, Bitcoin oscillators and other Bitcoin indicators, and of course, all important Bitcoin market structure. Bitcoin count = 8 URGENT BITCOIN PRICE UPDATE: All the BTC news today revolves around the current crypto dip. Altcoins are following the btc price retracement in a moment of v... This video is unavailable. Watch Queue Queue

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