Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 06/02/2016, 17:48:27 UTC

where's dev

Are we on fork? Shocked

Maybe I will have to measure more preciselyin the future to see how long it is taking in actuality- [...]

Or stop making shit up. That works too Smiley


Yeah right. A rough estimate can be different from precise timing, and yep I agree that no one likes anyone who exaggerates.

I think that I tend to not worry whether it takes 15 minutes or an hour or perhaps a day in some instances for the bitcoins to actually be available because I tend to maintain a sufficient balance in Bitcoin and dollars to provide a bit of a cushion for possible volatility.   Therefore if I'm really worried about having some bitcoins locked up in one place for an extended period of time (more than 15 minutes, for example), I could sell an equal or proportionate amount of bitcoins in another place.

And, yep I can imagine instance in which the cushion of bitcoins would not  be there for me for one reason or another, or possible the amount of bitcoins in the pending transaction is really high, so it's more difficult to maintain a cushion or to sell somewhere else .

I suppose if I were dealing in some hypothetical situations in which I needed access to the bitcoins more quickly then I would need to measure more the amount of time more precisely for actual availability versus the bitcoins just showing up as "pending."


I also recognize that other people may experience other kinds of use cases that make it better to have actual access to the coins more quickly, and there are some people who do not operate their lives with various cushions in their finances, so they get a bit more anxious through either inadvertence or lack of preparations.