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Author Topic: Newbie - Wallet - Payout - Timeframe.  (Read 187 times)
khaled0111
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September 20, 2019, 08:13:55 PM
 #21

With all these ambiguities for newbies, is it logical to continue talking about bitcoin becoming mainstream!?

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September 20, 2019, 11:15:10 PM
 #22

Reading it can take days or hours to transfer it in to fiat again.

The bitcoin transaction could take up to several hours/days when there is a spike and/or your fee is too low.
However, with a good wallet (e.g. electrum) you will be able to bump your fee. This can ensure that your transaction will get confirmed faster (for a higher fee, of course).

The conversion into fiat itself doesn't take much time. 



During that transaction the value of the crypto changes. I assume and hope that it won’t effect the transaction in anyway? The price you sell is fixed I mean regardless the action that’s going on in the mean time.

The BTC/USD rate doesn't matter when you are transacting BTC. 1 bitcoin will always be 1 bitcoin.

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September 21, 2019, 07:52:55 AM
 #23

All clear so far then, I’m settled.

Waiting for the Nano X to store my crypto on and than it’s just waiting.

Thanks all for the great advice and tips !,

I’ll give a chance for people to reply if they have some last tips and will be closing the topic soon then.

Once again thanks !
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