Post
Topic
Board Bitcoin Discussion
Re: Have you used Bitcoin as Real money to buy Real/physical goods?
by
Hugroll
on 20/10/2015, 00:31:53 UTC

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

I guess it has something to do with the fees, higher fee faster confirmations.

The receiver still see the money sent to him within seconds. You don't need to wait for confirmations. If you do need confirmations and it does not confirm within a few blocks, then you did not pay enough fee.
ya but just cuz the receiver sees the transaction doesnt mean he/she got the money. the person sending the money can double spend it and run before the receiver realizes hes been scammed