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.
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?
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.