Caterina
Sun Jul 21 2024
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5 answers
1378
Can I get my money back from a Bitcoin transaction?
Hello, I'm considering a <a href="https://www.btcc.com/en-US/academy/research-analysis/bitcoin-btc-price-prediction-2023-2025-2030-is-btc-a-good-investment" title="Bitcoin">Bitcoin</a> transaction but I'm a bit concerned about the safety of my funds. Could you please explain to me in simple terms if it's possible to get my money back if something goes wrong? I've heard about the decentralized nature of Bitcoin and its immutability, but I'm still not entirely sure how that translates into the possibility of retrieving funds in case of a mistake or fraud. Any clarity you could provide would be greatly appreciated as I'm new to this space and want to make sure I understand the risks before proceeding.
Maria
Fri Jul 19 2024
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6 answers
1493
How much money does Satoshi receive from a bitcoin transaction?
Could you elaborate on the specifics of how much money Satoshi Nakamoto, the pseudonymous creator of Bitcoin, actually receives from a <a href="https://www.btcc.com/en-US/academy/research-analysis/bitcoin-btc-price-prediction-2023-2025-2030-is-btc-a-good-investment" title="Bitcoin">Bitcoin</a> transaction? It's widely believed that Nakamoto holds a significant number of bitcoins, but the exact amount and how those bitcoins are transacted remain a mystery. Does he personally collect the proceeds from each transaction involving his bitcoins? If so, how is that process handled and tracked? Are there any public records or documentation available that detail these financial transactions? I'm curious to understand the financial implications for Nakamoto, if indeed he is still active in the bitcoin community.
Elena
Wed Jul 17 2024
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6 answers
1474
How many confirmations do I need to deem a bitcoin transaction irreversible?
When considering the irreversibility of a <a href="https://www.btcc.com/en-US/academy/research-analysis/bitcoin-btc-price-prediction-2023-2025-2030-is-btc-a-good-investment" title="Bitcoin">Bitcoin</a> transaction, it's essential to understand the concept of confirmations. Could you elaborate on how many confirmations are typically required to consider a Bitcoin transaction as irreversible? I'm aware that the number of confirmations can vary depending on the network conditions and the level of security desired, but I'm seeking a general guideline. Understanding this threshold is crucial for me to make informed decisions regarding the timing and security of my Bitcoin transactions.
Ilaria
Tue Jul 16 2024
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5 answers
1157
What is a bitcoin transaction that is confirmed?
I don't understand this question. Could you please assist me in answering it?
WhisperVoyager
Mon Jul 15 2024
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6 answers
1085
What happens if a bitcoin transaction is not verified?
As a keen observer of the <a href="https://www.btcc.com/en-US" title="cryptocurrency">cryptocurrency</a> landscape, I'm curious about the intricacies of bitcoin transactions. Could you elaborate on what occurs when a bitcoin transaction fails to be verified? Is it simply rejected, or does it remain in limbo, awaiting further confirmation? Does the unverified transaction pose any risk to the user or the bitcoin network at large? And finally, are there any measures taken by miners or the bitcoin protocol to prevent or address such unverified transactions? Your insights into this matter would be greatly appreciated.
