Ultimate Guide To Bitcoin Confirmations (2020 Updated)

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]

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

New blocks are added to the blockchain through the mining process, which is needed to secure a network and process a Bitcoin transaction. The bigger the value of the transaction, the more confirmations you should wait for as this helps to safely verify a transaction has taken place. For example, commentators suggest 60 confirmations for a transaction equating to more than $1,000,000, whilst ... Bitcoin confirmations represent the number of blocks in the block chain that have been accepted by the network since the block that includes the transaction. In simpler terms it represents the difficulty of a double spend attack. With zero confirmations no proof of work has been done, so you can't tell if anyone considers the transaction valid. 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 ... Number of Confirmations. The classic bitcoin client will show a transaction as "n/unconfirmed" until the transaction is 6 blocks deep. Merchants and exchanges who accept bitcoins as payment can and should set their own threshold as to how many blocks are required until funds are considered confirmed. When potential loss due to double spending as nominal, as with very inexpensive or non ... 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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4th TIME IN HISTORY!!! BITCOIN BULLMARKET CONFIRMATION ...

This video is unavailable. Watch Queue Queue 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 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 ... WOW! THIS HAPPENED 4 TIMES TO BITCOIN!!! AND EVERY TIME WE STARTED THE BULL MARKET! WOW! $502 FREE on our Trusted Exchanges! 🔶 Bybit: https://bit.ly/MMCrypto... 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 ...

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