Quote from: Nagato on February 20, 2014, 02:43:17 PM

Quote from: jimmyl on February 20, 2014, 09:41:45 AM

Quote from: Nagato on February 19, 2014, 02:38:51 PM

Quote from: jimmyl on February 19, 2014, 11:47:41 AM

Help help check if BTC transaction cleared?
Is it automatic?
1PNWLrW2j1UwTyCx1jKNXFENivAE3ASQoz

Are you referring to withdrawal or Deposit?
Both should be automatic.

OK, thanks. Somehow quite slow. I was doing an immediate transaction something like cash & carry. The "cash" aka btc took too long to even show up.

I switch to blockchain and it was faster.

But still, I don't see how bitcoin can be used to pay restaurant bill or buy ice-cream; unless the transaction can afford to wait for the confirmations like 10-20 minutes delay. Undecided

Transactions usually propagate and show up in 2-5 seconds, that is all the time needed. Its not really necessary to wait for confirmations for low value transactions, more so if the transaction happens in a physical setting where the payer is seen by multiple people as well as CCTVs.

There is also some work being done for the QT Client to detect double spend attempts and warn the merchant immediately, the window for a double spend attempt is a few seconds at best, so the merchant can wait for 5-10 seconds to see if there was any double spend attempt and proceed without worrying about confirmation. https://github.com/bitcoin/bitcoin/pull/3354

If it's 2-5 seconds to showup then my transaction to FYB-SG took a few minutes. It was just 0.001 btc to confirm the FYB-SG account and transaction was sound Sad

.

We waited but no updates on FYB-SG, then switched to blockchain, which was 2-5 seconds though flagged "unconfirmed". Then minutes later checked FYB-SG still no record.
That's why I asked if it was manual.

Your manual service was great! Grin