88coins (OP)
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September 21, 2017, 01:25:31 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
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Yuhee
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September 21, 2017, 01:37:21 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
1.No, you are required to have fees so that miner can confirm your transaction. Probably the higher fee the faster the transaction can be. 0.001 is a good fee that for successful transaction less than 10 minutes or so. You can have lower fee but the longer it will take. 2.Depends on how much you trying to transact. Normally there 30 confirmations but if its low you can have 10 confirmations. Not sure about this though. 3.Nope. You need internet connection to make transaction. You can go offline after you sent the transaction then go online when you need to check it.
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finaleshot2016
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September 21, 2017, 01:50:38 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
No you need to pay fee to have a good transactions its like a delivery, if you want to deliver your money to the invoice, then you need to pay. You will know that the transaction will be confirmed if the invoice address received the money or there is a TXID which is the transaction detail. You can't transfer without internet since bitcoin can be done electronically through internet therefore transactions about bitcoin must be also done through net.
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In the silence
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September 21, 2017, 02:08:25 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
No it is not posible for you to send money without any fees. I would say 5-10 confirmations from the miners. It's not posible to send without internet. (How can you send some data to another server if you're not connected to the internet? [Well yea unless you're in a lan cable with the all of the miners])
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HabBear
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September 21, 2017, 02:28:46 AM |
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Is it possible to send bitcoins without paying a fee? Yes, but not over the blockchain. You'd need to physically give someone a device that holds Bitcoin. OpenDime is perfect for these transactions. It's a device the size of a USB drive that you load with Bitcoin and then physically hand over to someone as payment for whatever reason payment is needed. The Bitcoin can be redeemed once and then the device is thrown away. How many confirmations required to ensure a transaction is successful? None, because this transaction would not go through the blockchain. Is it possible to transfer without internet? Yes, if you have bitcoin loaded on a physical device you can sell that device to anyone for any amount of money both parties agree upon.
These responses only apply to transactions made over the blockchain. No it is not posible for you to send money without any fees. No you need to pay fee to have a good transactions its like a delivery, if you want to deliver your money to the invoice, then you need to pay. 1.No, you are required to have fees so that miner can confirm your transaction.
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geyayy
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September 21, 2017, 02:38:04 AM |
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It is NOT possible to send bitcoins for free, man. You should pay for the transaction fee.
As I have read from the net, and asked my friend, it is about 5-10 confirmations.
And lastly, you cannot send bitcoins without internet since the process will go through blockchain.
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Andre_Goldman
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Property1of1OU
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September 21, 2017, 02:39:22 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
last time took about eleven days
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Patent1number: ****-****
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DewiKirana
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September 21, 2017, 02:55:44 AM |
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No way, you have to pay shipping costs. To my knowledge only up to 3 confirmations. You have to connect to the internet to transfer, without internet you can not transfer.
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bL4nkcode
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September 21, 2017, 03:10:08 AM |
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Is it possible to send bitcoins without paying a fee?
Yes, you can do that but there is a less chance that miners include you to their mined blocks, and it will takes time or even your transaction will be dropped by the network. That's why transaction fee is recommended when sending. How many confirmations required to ensure a transaction is successful?
1 confirmation is required so a transaction will not be dropped and to avoid double spend. But some exchange requires more confirmation atleast 3-5 confirmation will do. Is it possible to transfer without internet?
The answer is NO. Is it possible to transfer without internet? Yes, if you have bitcoin loaded on a physical device you can sell that device to anyone for any amount of money both parties agree upon. I guess he is asking for the common transaction and not this way. Even there's a bitcoin on the device its too dumb if someone bought it since there are possibilities that the recovery options are still on the seller.
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pooya87
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September 21, 2017, 03:59:17 AM |
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I would say 5-10 confirmations from the miners.
it is not just as simple as that. it depends on the risk model. you may be receiving payment from someone you know: 0 is ok you may be receiving small payments when everything about network is ok and you run a full node: 1 is ok and so on. read this: https://bitcoin.org/en/you-need-to-know#instant~ Yes, if you have bitcoin loaded on a physical device you can sell that device to anyone for any amount of money both parties agree upon.
i wouldn't call this "sending bitcoin" you are transferring a promise to the other person. you may make it safe and all but it will never be 100% safe unless you are the one creating a private key securely and send the coins to that. the person selling you that physical device might as well have the keys.
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QueenOf
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September 21, 2017, 04:43:32 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
think logically, we are doing the transaction by paying a fee, sometimes it is still often the case pending or slow finish, try to think if it doesn't pay,Bitcoin transactions are in place as an incentive to miners when validating bitcoin blocks. One of the reasons there is a fee is because the larger the transaction data size, the longer and more energy it will take miners to validate the data. Transactions with higher transaction fees tend to be validated faster in the blockchain. Conversely, transactions with low or zero transaction fees tend to be validated more slowly, or eventually will get rejected.
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edynolan
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September 21, 2017, 05:06:28 AM |
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1. it all depends on where you want to send bitcoin, but usually all will have shipping transaction fee. 2. everything depends on where you send, usually 1 - 3 new transactions successfully entered into your wallet. 3. seems impossible, all need connection when send bitcoin
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lionheart89
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September 21, 2017, 06:08:10 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
1. as far as i know until now all transaction services always have cost. 2. most transactions need 1-5 confirmations until the transaction is successful. 3. not possible.
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Kakmakr
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September 21, 2017, 06:47:40 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
Yes and No on the first question : You may sign up with a third party service like Xapo and then do multiple transactions off-chain via their system and then just cash out the balance. The problem is, the transactions are only free, if the person you are sending the money/bitcoins to are also registered at Xapo. Example : You have 100 people and you want to send 0.001 BTC to them every day for a week. You get them to register with Xapo and you transfer the 0.001 BTC to all 100 of them via Xapo. They will only have to pay the miners fees, when they withdraw the BTC from the Xapo system. These Xapo transactions are FREE and INSTANT. ^smile^
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NewBet
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September 21, 2017, 06:55:24 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
1.No, you are required to have fees so that miner can confirm your transaction. Probably the higher fee the faster the transaction can be. 0.001 is a good fee that for successful transaction less than 10 minutes or so. You can have lower fee but the longer it will take. 2.Depends on how much you trying to transact. Normally there 30 confirmations but if its low you can have 10 confirmations. Not sure about this though. 3.Nope. You need internet connection to make transaction. You can go offline after you sent the transaction then go online when you need to check it. You are not correct. It is possible to send transactions with zero fees, only they are the last to get mined and usually won't, and will get stuck.
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xenxen
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September 21, 2017, 07:35:51 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
no.. all transaction have a fee except you are a reciever..only one confermation per transaction success and all transaction need internet conection..i have no idea if there's have offline transaction ...
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Andre_Goldman
Sr. Member
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Property1of1OU
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September 21, 2017, 07:40:37 AM |
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Is it possible to send bitcoins without paying a fee? How many confirmations required to ensure a transaction is successful? Is it possible to transfer without internet?
last time took about eleven days sure nowdays I thing is get done in no time
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Patent1number: ****-****
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Williamsss
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September 21, 2017, 08:11:06 AM |
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no it is in the other direct you will loss your money if not use fee or use small amount of fee
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Akash1243
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October 22, 2017, 08:19:49 PM |
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It is possible to send bitcoins without any transactions fees but the risk is that you never know when it will get confirmed by the miner.The transctions fees are for the miners who makes the transactions connect the sender to the receiver so higher the transaction fees faster will be the confirmation of the transactions.I think only 1 confirmation is good enough and transactions without internet is not possible.If you try to send bitcoins without fees there is higher possibility that the transaction will be never get a confirmation.
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twthmoses
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October 22, 2017, 08:32:04 PM |
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Hmmm.. as far as I understand it, and I might be wrong, fee has never been a requirement in bitcoin, but a necessity in order to get your transaction included in due time. It’s a necessary evil, if you ask me. Of course once the block reward stops it is the only reason miners have for mining.
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