What happens if my bitcoin transaction is not confirmed?

Jaleesa Mitten asked, updated on December 12th, 2020; Topic: bitcoin
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If the transaction receives a confirmation, your wallet should update automatically. If the transaction does not confirm, the funds will be spendable again from the sender's wallet. This may take up to 30 days.

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On another note, can I buy car with Bitcoin?

While some niche sites allow for used-car purchases with bitcoin, Beepi says it's the first peer-to-peer car marketplace to accept the virtual currency. ... Bitpay will convert bitcoin purchases to U.S. dollars, so neither Beepi nor the car seller will ever touch the currency.

Equal, how many transactions can Bitcoin do per second? 7 transactions

Again, how long does it take for a bitcoin transaction to go through?

10 minutes

How is a Bitcoin transaction verified?

All Bitcoin transactions must be verified by miners on the blockchain. Note, miners do not mine transactions; they mine blocks which are collections of transactions. Sometimes your transaction gets left out of the current block and gets put on hold until the next one is assembled.

2 Related Questions Answered

What is the fastest Cryptocurrency transaction?

Apollo currency

How fast is Cryptocurrency growing?

The cryptocurrency market was valued at USD 1.03 billion by 2019 and is projected to reach USD 1.40 billion in 2024, growing at a CAGR of 6.18% during the forecast period.