Ninjastic
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Board Bitcoin Discussion
Re: Have you used Bitcoin as Real money to buy Real/physical goods?
by
BARR_Official
on 19/10/2015, 11:52:09 UTC
Quote from: investspot on October 19, 2015, 09:56:49 AM
Quote from: BARR_Official on October 19, 2015, 06:12:27 AM
Quote from: danieluk9 on October 19, 2015, 02:59:53 AM

I've never seen BTC anywhere in the real world in the UK, plus doesn't BTC have like 30 minutes + send time? That must have been an awkward wait Tongue



Bitcoin sends in a few seconds.

But some transactions got to wait hours or even days to get some confirmations.  Cry


It always takes 3 days to move money between banks.  Except when it's 4 days. 

If I transfer money from my Paypal account to my checking account, it's 3 or 4 days.  If I want to put money into my Etrade account, it's 3 or 4 days.  Every week when I deposit my paycheck - it's available the next day, but it's not settled yet.  That's why your bank charges YOU money if someone gives you a bad check.  They may let you spend it before 3 days, but you might have to put the money back in.

Oh, and I forgot to mention that the 3 or 4 days are BUSINESS days.  If you send on a Friday, it can take 5 to 6 days.  On Saturday and Sunday, you can't send any money at all.