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skytbest (OP)
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August 07, 2011, 04:01:09 PM
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Hey guys. I was just wondering, when you sell some bitcoins on mtgox does the website buy them instantly or is there a queue period where you wait for someone to actually want your bitcoins (whether or not it's normally a couple seconds or not).

Thanks!
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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August 07, 2011, 04:03:26 PM
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If the price is above the buying price, it will queue. If you sell for a low enough price it will trade instantly the highest buying price.
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August 07, 2011, 05:51:46 PM
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Every time you sell a bitcoin, an angel loses it's wings.
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