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Author Topic: E.M.T. Question  (Read 530 times)
Als Pawnshop
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November 30, 2011, 10:16:43 PM
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I heard some people have been scammed accepting Email Money Transfers.  Anyone know how this occurs exactly? 

Mostly I want to know how much time has to pass before you can be 100% certain that the payment can't be reversed anymore.

I've been accepting EMTs lately and I don't want to be in for a nasty surprise getting multiple-$1000s reversed weeks or months later.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 01, 2011, 03:58:55 AM
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Canadian bitcoins has been a victim of that, I would contact them..

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
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