BTC

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BTC
So i received BTC on blockchain but the status is "pending" is it safe to send the money? or do i have to wait until it gets confirmed?
AFAIK, this would depend on whom you're dealing with... Are they trustworthy in your opinion?
Quote Originally Posted by Blizzard. View Post
AFAIK, this would depend on whom you're dealing with... Are they trustworthy in your opinion?
Don't really know, he has a premium account on mpgh. but the deal were doing is $60+
usually id wait till it's off processed before trying to mess with it.
Quote Originally Posted by Raple View Post
usually id wait till it's off processed before trying to mess with it.
He sent me the BTC already, but i haven't sent the goods he would receive. Would it hurt to wait until it is confirmed?
The cryptocurrency section exists for a reason. Ask there.
And the answer is both yes and no. It only needs 1 confirmation for it to be deemed a legit transaction. However it is good to wait till 3 confirmations just in case. If there are no confirmations and you send the money, it will result in double spend and your transaction will fail.

And to everyone who is saying "if his trust worthy it's okay". That's stupid. If he person who sent you money put a tiny fee, no mining pool will pick up the transaction
Quote Originally Posted by Allura View Post
The cryptocurrency section exists for a reason. Ask there.
And the answer is both yes and no. It only needs 1 confirmation for it to be deemed a legit transaction. However it is good to wait till 3 confirmations just in case. If there are no confirmations and you send the money, it will result in double spend and your transaction will fail.

And to everyone who is saying "if his trust worthy it's okay". That's stupid. If he person who sent you money put a tiny fee, no mining pool will pick up the transaction
The fee he paid is $1,93.
Quote Originally Posted by Kyungrae View Post
The fee he paid is $1,93.
And what amount did he send? What was the size of the transaction? Why don't you just give us the TXID
Quote Originally Posted by Allura View Post
And what amount did he send? What was the size of the transaction? Why don't you just give us the TXID
The total amount was $72.30, the weight is 4440 and size 1110 (bytes)
Quote Originally Posted by Kyungrae View Post
The total amount was $72.30, the weight is 4440 and size 1110 (bytes)
Could you link the transaction tho?
wait for the pending to be done before dealing if not he can cancel it

but if you trust him, then let it slide
Wait for pending to end
If it's a small amount don't worry about it, if it is a larger amount wait for like 2 or 3 confirmations
Wait for 1 confirmation and be done with it
Posts 115 of 19 · Page 1 of 2

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