Creating this post to get some predictions for bitcoin 2023, should I buy bitcoin, I’m new to the bitcoin market . Any information is helpful thank you!
I mean, I'd suggest an escrow agent for any transaction that large, but you could just send a few test transactions to the receiving wallet (you should pretty much always do this anyways), to verify you have the correct address before sending the full amount.So let me ask you a technical issue/scenario for peer to peer transactions….
person A has $1 million in Bitcoin on his personal wallet
Person B has a Countach he wants to sell to person A
they meet at the local police department.
Person A shows up with his wallet. Person B shows up with his Countach.
person B tells person A to send $1 million to his wallet in exchange for the countach.
How does person A validate the wallet he’s sending the bitcoin to, belongs to person B?
Once person A sends the Bitcoin, can the transaction be undone? Is there any recourse to get the Bitcoin back?
thanks
So when you send bitcoin, does the receiving wallet respond with a receipt?I mean, I'd suggest an escrow agent for any transaction that large, but you could just send a few test transactions to the receiving wallet (you should pretty much always do this anyways), to verify you have the correct address before sending the full amount.
If you still manage to goof, then there's little to no recourse. That would still be hard to do, as you can't send BTC to an invalid address, as BTC wallets check for address validity. You'd have to input the wrong address, that actually connected to a wallet (odds are 1 in 4 billion), to actually send them improperly.
That's the risk you take with self custody. Just like cash, it's gone if you lose it.
You can see the transactions on the blockchain. But the receiver would obviously have access to their wallet, to verify that it was their wallet you were sending it to.So when you send bitcoin, does the receiving wallet respond with a receipt?
I think the prudent thing to do is to bring the escrow twins(Butch and Bruno), just to make sure the transaction goes smoothly.You can see the transactions on the blockchain. But the receiver would obviously have access to their wallet, to verify that it was their wallet you were sending it to.
Unfortunately there are still a lot of big names betting on them.Sorry, the sarcasm doesn't come through on the message - NFT's are def not coming back
Saw a lambo wrapped with this website. Interesting idea that coincides with yours, in a way.I’d actually consider purchasing an NFT that gave partial ownership of a Miura SV, Countach or Diablo variant.
Ripple cryptoI have no idea what XRP is , but the video looks like every other click bait video out there
Did you watch the video? Yes, I agree it "looks" like a click bait video. Actually, if you don't know what XRP is then don't waste your time.I have no idea what XRP is , but the video looks like every other click bait video out there
Unfortunately you aren't going to get any decent crypto discussions going here. They ALWAYS turn into a bash fest.Did you watch the video? Yes, I agree it "looks" like a click bait video. Actually, if you don't know what XRP is then don't waste your time.