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Topic: how many confirmations do i need to send? (Read 562 times)

legendary
Activity: 2940
Merit: 1865
December 28, 2015, 07:26:05 PM
#12
...

Usually I need just one confirmation to send out any funds from a BTC address that has recently received some (I am more familiar with blockchain.info's wallets more though).  But the amounts I send are small.  I note that bitmixer.io requires more than one confirmation for LARGE quantities of BTC.

Sometimes just that one confirmation can take some time though, especially when I am in a hurry...
hero member
Activity: 1106
Merit: 521
December 28, 2015, 07:10:46 PM
#11
i have been able to send may bitcoin immediatly, the fact that you are waiting to see the downloaded block chain does not stop you from sending your coins
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
December 28, 2015, 07:02:10 PM
#10
I always wait more like an hour before i decide to send anything out. i like just to be extra sure. overkill i know but by that point plenty of confirmations usually.
newbie
Activity: 28
Merit: 0
December 28, 2015, 06:02:14 PM
#9
Lets say my wallet is empty and i receive 1BTC , how many confirmations do i need to be able to send that 1BTC to someone else?
Only 1.
No. Zero is the right answer. Peek into a few weak brain wallets and you'll see...
legendary
Activity: 1512
Merit: 1012
December 28, 2015, 05:56:21 PM
#8
Lets say my wallet is empty and i receive 1BTC , how many confirmations do i need to be able to send that 1BTC to someone else?

Only 1.

If problem occurs (Example : forked blocks) ... all the chain are recovery between the 1 confirmation and the 6 confirmation.

Usual mining reward take 100 confirmations.
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
December 28, 2015, 05:51:35 PM
#7
you can send it immediatly but better to wait about half an hour or to get atlest 6 confirmation because some websites and softwares reject txs with low or low confirmations
It is impossible to "reject" incoming transaction  Grin

I guess whats missing is "to be used as inputs". E.g. core default behaviour is not to use unconfirmed TXs as inputs.
legendary
Activity: 1260
Merit: 1019
December 28, 2015, 04:58:19 PM
#6
you can send it immediatly but better to wait about half an hour or to get atlest 6 confirmation because some websites and softwares reject txs with low or low confirmations
It is impossible to "reject" incoming transaction  Grin
full member
Activity: 140
Merit: 100
December 28, 2015, 04:55:39 PM
#5
you can send it immediatly but better to wait about half an hour or to get atlest 6 confirmation because some websites and softwares reject txs with low or low confirmations
legendary
Activity: 1260
Merit: 1019
December 28, 2015, 04:06:10 PM
#4
Lets say my wallet is empty and i receive 1BTC , how many confirmations do i need to be able to send that 1BTC to someone else?

The answer is: you are able to send these funds immidiately.
But some client software do not allow you to do it.
hero member
Activity: 588
Merit: 500
December 28, 2015, 03:45:53 PM
#3
I have had transactions with 3 and even 5 confirmations and they were not completed where I could resend the bitcoin.  I normally just sit and wait about 20-30 minutes.  by then I get at least 6+ and it is ready to send.
hero member
Activity: 742
Merit: 500
December 28, 2015, 03:36:44 PM
#2
Lets say my wallet is empty and i receive 1BTC , how many confirmations do i need to be able to send that 1BTC to someone else?

Usually you need to wait till getting 3 confirmations at least so the transaction get the "confirmed" status and then you can easily sending the btc received to someone else without problems
sr. member
Activity: 266
Merit: 250
December 28, 2015, 03:31:14 PM
#1
Lets say my wallet is empty and i receive 1BTC , how many confirmations do i need to be able to send that 1BTC to someone else?
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