If I'm taking bitcoins as payment on my website how many confirmations should I wait for before accepting the payment?
Hi, I come from the future to tell you that 0 weren't enough. You screwed up...
Topic: How many confirmations is enough? (Read 13126 times)
Hi, I come from the future to tell you that 0 weren't enough. You screwed up...
So many trolls in this thread. I think I'm going to use this thread as a way to decide who to mark "ignore". If they are giving advice here, they are either a troll or clueless. Either way I don't value anything else they have to say.
Note: You all realize that you are commenting in a thread from 2010 and giving advice to the now defunct MtGox, right?
Note: You all realize that you are commenting in a thread from 2010 and giving advice to the now defunct MtGox, right?
There were a lot of people missing the point. Hence my comment above. :-)
So many trolls in this thread. I think I'm going to use this thread as a way to decide who to mark "ignore". If they are giving advice here, they are either a troll or clueless. Either way I don't value anything else they have to say.
Note: You all realize that you are commenting in a thread from 2010 and giving advice to the now defunct MtGox, right?
Note: You all realize that you are commenting in a thread from 2010 and giving advice to the now defunct MtGox, right?
If I'm taking bitcoins as payment on my website how many confirmations should I wait for before accepting the payment?
A few confirmation is needed. If it will need more than a few well you shouldn't worry just wait a little.
1 is enough in my view
6 is a banker
6 is a banker
+1
If I'm taking bitcoins as payment on my website how many confirmations should I wait for before accepting the payment?
Apparently you should've waited a few more.
If MtGox is going to rely on the tx id alone, it seems the number of confirmations that is enough to accept the payment is infinite.
:-)
If I'm taking bitcoins as payment on my website how many confirmations should I wait for before accepting the payment?
Apparently you should've waited a few more.
Haha, great find!
Posting in epic thread.
And this is how MtGox started.
lol 
Posting for posterity!
And this is how MtGox started.
I believe as a service provider currently considering accepting BTC, 10 confirmations is a valid waiting period for payment acceptance for at least mid-level transactions of less than $50 however if accepting for larger transactions, I would recommend a 20 confirmation minimum.
For transactions less than $10 perhaps a 5 confirmation requirement would be more sane of course.
For transactions less than $10 perhaps a 5 confirmation requirement would be more sane of course.
At least couple of confirmations. I think its more depends on how long are you gonna wait before you will completely accept payment. Because more confirmations takes more time
If I'm taking bitcoins as payment on my website how many confirmations should I wait for before accepting the payment?
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