Unconfirmed Balance
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My payment now says confirmed but. However only 1 out 6 confirmations. (Red clock)
Does that mean it is still possible for the money to be reversed?
Thanks
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[quote name=“MoonpigMoonpig” post=“3348” timestamp=“1368535762”]
My payment now says confirmed but. However only 1 out 6 confirmations. (Red clock)Does that mean it is still possible for the money to be reversed?
Thanks
[/quote]Possible - BUT HIGHLY UNLIKELY ;)
Really, it will be OK! 8)
If it happens to get put in orphaned block (rare), then read my post above, the client will handle appropriately and you will get your coins! -
Like UKMark said, it’s possible but unlikely. Keep the faith Moonpig, it will be ok!
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I have faith not worried.
i was just wondering if it was possible for the seller to claw back the coins.
For example if you sold an item, would you only send it to the customer once the coins had 6 out of 6 confirmations?
Thanks
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I don’t think the seller can ever claw the coins back, if it has appeared as unconfirmed in your wallet, it has been broadcast to the network.
I would wait untill I have the 6 confirmations unless I knew the other party well enough, same as I would wait for a cheque to clear before sending good if payment was by cheque.
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[quote name=“spynappels” post=“3364” timestamp=“1368539757”]
I don’t think the seller can ever claw the coins back, if it has appeared as unconfirmed in your wallet, it has been broadcast to the network.I would wait untill I have the 6 confirmations unless I knew the other party well enough, same as I would wait for a cheque to clear before sending good if payment was by cheque.
[/quote]Agreed, I would do the same, like you say a cheque, when the network hash is back at a peak 6 confirms should take no more than 15 mins in reality, at the minute this can be 15+ hours. :)
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will take a while for it to be confirmed
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Took about 6 hours for me today
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I got 3 confirmations in 5 hours today. it’s time for the diff retarget or it will get even slower.
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Actually, the hashrate seems to be picking up as people anticipate the fork in 185 blocks or so, and things should start to improve from here on in.