Good night how long does it take to confirm a bitcoin transaction????

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  • bettilimbroke999
    SBR Posting Legend
    • 02-04-08
    • 13254

    #1
    Good night how long does it take to confirm a bitcoin transaction????
    How could this "currency" ever be worth ANYTHING...what are you gonna do buy something then wait 3 hours for it to confirm meanwhile the price is up or down 3% in the meantime...so you either overpaid (in which case 5dimes just pockets the money) or you get shorted
  • byronbb
    SBR MVP
    • 11-13-08
    • 3067

    #2
    The price is set at the time of deposit.
    Comment
    • TheMoneyShot
      BARRELED IN @ SBR!
      • 02-14-07
      • 28672

      #3
      Originally posted by byronbb
      The price is set at the time of deposit.
      Not with 5Dimes. There's no way you can ever hit their window for the quoted price. I've been told it needs to be confirmed 3 times... it's impossible. You will always lose the difference. And if Bitcoin miraculously increases in your favor... 5Dimes NEVER gives you the difference.
      Comment
      • bettilimbroke999
        SBR Posting Legend
        • 02-04-08
        • 13254

        #4
        Originally posted by TheMoneyShot
        Not with 5Dimes. There's no way you can ever hit their window for the quoted price. I've been told it needs to be confirmed 3 times... it's impossible. You will always lose the difference. And if Bitcoin miraculously increases in your favor... 5Dimes NEVER gives you the difference.
        1000% accurate...I deposited 1000 one time and the price jumped 5%...so you would think well new exchange rate 1050 right FUK NO POCKETED...same thing and price drops 5% you get 950...fukin look into this BS SBR you player's advocate mfers
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        • byronbb
          SBR MVP
          • 11-13-08
          • 3067

          #5
          Originally posted by TheMoneyShot
          Not with 5Dimes. There's no way you can ever hit their window for the quoted price. I've been told it needs to be confirmed 3 times... it's impossible. You will always lose the difference. And if Bitcoin miraculously increases in your favor... 5Dimes NEVER gives you the difference.
          Wow thats terrible
          Comment
          • GunShard
            SBR Posting Legend
            • 03-05-10
            • 10031

            #6
            Is there a Litecoin option? Try Litecoin next time and see how long your transfer completes. It's 4 times faster than Bitcoin.
            Comment
            • TheMoneyShot
              BARRELED IN @ SBR!
              • 02-14-07
              • 28672

              #7
              Originally posted by GunShard
              Is there a Litecoin option? Try Litecoin next time and see how long your transfer completes. It's 4 times faster than Bitcoin.
              I believe it's Bitcoin Only at 5Dimes
              Comment
              • raiders72001
                Senior Member
                • 08-10-05
                • 11140

                #8
                Originally posted by TheMoneyShot
                Not with 5Dimes. There's no way you can ever hit their window for the quoted price. I've been told it needs to be confirmed 3 times... it's impossible. You will always lose the difference. And if Bitcoin miraculously increases in your favor... 5Dimes NEVER gives you the difference.
                Yikes
                Comment
                • raiders72001
                  Senior Member
                  • 08-10-05
                  • 11140

                  #9
                  Originally posted by GunShard
                  Is there a Litecoin option? Try Litecoin next time and see how long your transfer completes. It's 4 times faster than Bitcoin.
                  What's funny is that the books that have deposits and withdrawals in many cryptos also have quick BTC payments. They are also a step ahead of fiat books with 2FA.
                  Comment
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