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RE: Bitcoin (BTC) Morning Update: Bitcoin is about to Break OUT of a Bull Pattern? Which one? Find out in this Analysis!
The ATMs charge alot because of the Bitcoin fees. You pay the highest fee to have the transaction post instantly. My first purchase was on a BTM i bought paid 800$ for 740$ of Bitcoin. But I had it in my wallet instantly. Just had to wait for the rest of the confirmation. That why they charge so much at the B-atm who wants to wait an hour or two to find out if your transaction went through.
That is what I was thinking with the ATM. Instant ownership. But now it is sooo up there as to price, that 10% or more is a lot of dough per bitcoin. Thank you for this thought.
I was trying to buy BTC before the BCash fork . Coinbase was locked down and even though my account was approved I couldn't get my purchase to go through. FOMO was killing me lol. So I went to a B-Atm. Funny thing is I received an email 2 days later from coinbase. Apologizing for the issue an assuring me I could now make purchases. But i don't feel bad as I bought at 2700$ which we may never see that price again. Unless of course Mr.Lee is correct and bitcoin crashes at some point. Which I plan to have a stack in fiat waiting to swoop in like a vulture.