Re:Bitcoin Gets Close to $5,000
by solotronics on Monday September 04, 2017 @02:31PM
(#15169995)
I have many times. Bank transfers can take hours or days but BTC shows up instantly and is proven permanently immutable after a few blocks (20-40 minutes)
Re:Bitcoin Gets Close to $5,000
by rampage101 on Saturday September 02, 2017 @09:02AM
(#15155761)
It shows up as unconfirmed usually in a few seconds, meaning it's in the mempool and ready to be added to the blockchain. If you trust the sender it's enough... but on average you are right that it's about 10 minutes to get the transaction included in the block. With Ethereum they are mining blocks about every 10 or 20 seconds.
This makes me think you haven't ever transferred bitcoins.