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Author Topic: How long does a bitcoin transaction always be?  (Read 550 times)
lucky60 (OP)
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December 17, 2013, 04:56:07 AM
 #1

Hi guys,

I am new here, I want to ask some common questions~:

1.How long does a bitcoin transaction delay usually be?

2.How long does the maxium bitcoin transaction delay suppose to be?

Thanks guys & MERRY CHRISTMAS & HAPPY NEW YEAR!
BurtW
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December 17, 2013, 05:25:51 AM
 #2

Hi guys,

I am new here, I want to ask some common questions~:

1.How long does a bitcoin transaction delay usually be?

2.How long does the maxium bitcoin transaction delay suppose to be?

Thanks guys & MERRY CHRISTMAS & HAPPY NEW YEAR!
Each confirmation takes an average of 10 minutes.

It can take a few second to an hour or more for one confirmation.

Does that answer your question?

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lucky60 (OP)
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December 17, 2013, 06:27:39 AM
 #3

thank you so much!
hilariousandco
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December 17, 2013, 11:31:16 AM
 #4

Hi guys,

I am new here, I want to ask some common questions~:

1.How long does a bitcoin transaction delay usually be?

2.How long does the maxium bitcoin transaction delay suppose to be?

Thanks guys & MERRY CHRISTMAS & HAPPY NEW YEAR!

As Burt said, between 10 minutes and an hour is most likely. You can pay a small miners fee to speed the process up. You can see a graph of the average times here: https://blockchain.info/charts/avg-confirmation-time

A little bit more info can be found here: http://stackoverflow.com/questions/15127991/bitcoin-how-quickly-are-transactions-verified

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December 17, 2013, 01:22:29 PM
 #5

2.How long does the maxium bitcoin transaction delay suppose to be?
I think there not really a maximum time, it just stays in the transaction pools of the miners until maybe a timeout.

Biasr7
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December 17, 2013, 01:35:48 PM
 #6

Hi guys,

I am new here, I want to ask some common questions~:

1.How long does a bitcoin transaction delay usually be?

2.How long does the maxium bitcoin transaction delay suppose to be?

Thanks guys & MERRY CHRISTMAS & HAPPY NEW YEAR!

As Burt said, between 10 minutes and an hour is most likely. You can pay a small miners fee to speed the process up. You can see a graph of the average times here: https://blockchain.info/charts/avg-confirmation-time

A little bit more info can be found here: http://stackoverflow.com/questions/15127991/bitcoin-how-quickly-are-transactions-verified

Just a little side note.
Even with no confirmation, if (a) all inputs are confirmed, (b) the tx has reasonable fee, and (c) there is no double spend detected in 10 seconds or so, the tx will very likely be included later.
Of course, if you are transfering or receiving a rather large amount, you should get at least 6 confirmations before proceeding the next step.
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