If you buy bitcoin from an ATM machine, and it gets stuck at less than 6 confirmations in your wallet, is there some timeframe where if it's stuck for longer than x amount of time, it'll just never go through and get returned to sender (the ATM machine) and you'll just lose your money?
I've spent hours trying to search about this, and every question I've found seems to be about people stuck at zero confirmations. In my case, it did get 3 confirmations reasonably quickly, but then it just never got any more confirmations, it's just been stuck at 3 for like a day, and it needs to get to 6+ before I can actually use it in my wallet to spend it myself. I am fairly new to this stuff, so I was pretty freaked out when I read some stuff about how if a long enough timespan goes by (several days?) then if it is still stuck at less than (6? not sure how many) confirmations by that point, it'll just be a failed transaction and get returned to the sender. If that happens, I just lose all my money that I spent trying to buy the bitcoin from the bitcoin ATM machine, right? Because in this case it's not some human friend of mine I can go try again with, it's just some machine, so the machine/company gets its bitcoin back, and but I can't just go walk up to the machine and have it spit my cash back to me I assume. So, now I'm trying to figure out how many more hours or days I have left before that is going to happen. If it's been almost a day at this point, does that mean I have only a few hours left before I'm screwed? A few days? Weeks? EDIT Checked it on an explorer and looks like it must have been a bug with my wallet. It had a ton of confirmations on the explorer, so it was just the wallet giving me an incorrect status of 3 confirmations. Seems to be working now. Well, that was annoying. Ah well, lesson learned I guess
I no longer have access to bitcoin atm machines, how do you suggest I buy them anonymously now?
Some people were telling me that there are like 20% fees or more for buying from localbitcoins; though these people talk alot of shit without researching things properly so I don't know if they were right or not. They were saying the same about buying with amazon gift cards that you end up getting about half the btc than you spend in cash due to the fees they charge. Bullshit? I want something that would offer the same anonymyty buying in cash at an atm did. I don't want to meet people in person though so what are other options?
Bitcoin ATM (abbreviated as BATM) is a kiosk that allows a person to buy Bitcoin using an automatic teller machine. Some Bitcoin ATMs offer bi-directional functionality enabling both the purchase of Bitcoin as well as the sale of Bitcoin for cash. Bitcoin machines are not exactly the same as traditional ATMs but work in a similar fashion. Bitcoin ATM that offers Buy and Sell Bitcoin operation Small footprint: 22″ (55cm) long by 24″ (60cm) wide by 70″ (190cm) height CPU: G2020 Motherboard: Gigabyte H61 MEMORY: 4g RAM, 50G HD VGA: 512M Graphic Card. Cash recycler:for 2-way operation max-capacity: operations 1080, Internal Cash Safe with end locks, Cooling: Built in 2 fan ventilation system An ATM Bitcoin machine is much like the traditional ATM that dispenses fiat currencies, where you use your debit card to withdraw USD, EUR, INR etc. So you want to know about Bitcoin Automated Transfer Machine, and how to use it to buy, or send Bitcoin to someone, right? If you don’t already do not worry, as this post got you covered right now. Because you will see how to buy, or send ... ATM Coiners Bitcoin ATM Network. Buy Bitcoin with Cash - Fast and Easy from ATM Coiners. Create an Account Find an ATM Customer Support. Enroll Before You Go. To use our Bitcoin ATMs, you'll need to enroll with us from anywhere and create an account. Then find the closest location, and you're ready to buy Bitcoin! Fast & Easy . Once you're enrolled with us, buying Bitcoin with cash at one of ... The Bitcoin ATM in the “Emmaus Avenue Laundromat” is placed at the front of the store, next to traditional ATM. You can buy or sell bitcoin on the machine for cash. The machine is produced by ChainBytes with one of the simplest interfaces on the market we chose their machines because they let you transact with ease. Location photo:
Buying BITCOIN at the ATM. Get more BITCOIN - YouTube
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