Near instant is a bit (a lot?) misleading, it takes on average about 10 minutes ... | Hacker News

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		pliny on Jan 14, 2015 \| parent \| context \| favorite \| on: Bitcoin crashes over 25% in 24 hours, under $180 Near instant is a bit (a lot?) misleading, it takes on average about 10 minutes to have a transaction confirmed, sometimes much more.

tribaal on Jan 14, 2015 [–]

Well, 10 minutes is still much better than the several days needed to clear an international transfer :)

sanswork on Jan 14, 2015 | [–]

If it takes your bank several days to clear an international transfer you need to switch banks not systems.

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