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Author Topic: First time buy - Bitcoin ATM machine - 3 days pending - Help  (Read 52 times)
Prozero
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January 06, 2018, 08:20:38 PM
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Hi guys,

I've recently made my purchase of some bitcoin and I'm learning as I go. Since I am in Panama City, Panama I ended up using a bitcoin ATM machine. I wasn't aware of transaction times but I'm now aware on how everything works since my purchase.

https://blockchain.info/tx/182eb01c1f1eb7eab510b29c986c439a1efda8b3ea84ffb2c99ca2e353a07ca1

It was set for a fee of 131.156 satoshi which isn't the worst case scenario but not good enough. I'm seeking some assistance; I've tried to use some accelerators myself but it isn't working out for me and the success rate has been pretty high here.

Also... if anyone has any experience with bitcoin ATM's, is there any advice you have regarding the transaction fees? Do I call the operator, or is it just is what it is?

Thanks
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Xynerise
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January 06, 2018, 09:11:52 PM
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Hi guys,

I've recently made my purchase of some bitcoin and I'm learning as I go. Since I am in Panama City, Panama I ended up using a bitcoin ATM machine. I wasn't aware of transaction times but I'm now aware on how everything works since my purchase.

https://blockchain.info/tx/182eb01c1f1eb7eab510b29c986c439a1efda8b3ea84ffb2c99ca2e353a07ca1

It was set for a fee of 131.156 satoshi which isn't the worst case scenario but not good enough. I'm seeking some assistance; I've tried to use some accelerators myself but it isn't working out for me and the success rate has been pretty high here.

Also... if anyone has any experience with bitcoin ATM's, is there any advice you have regarding the transaction fees? Do I call the operator, or is it just is what it is?

Thanks

The operator can't do anything. (Technically they could do a RBF, but that's not gonna happen)
It's up to miners to confirm the transaction or not.

If you want your transaction to confirm quickly and you don't mind paying extra FROM your received bitcoin then you could do a CPFP transaction spending the unconfirmed outputs from that transaction with a high-enough fee that pays for both transactions.


Or you could check the Service section to see if you can get a miner to confirm the transaction.
Prozero
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January 06, 2018, 09:17:32 PM
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Hey btcenko,

It was a lamassu machine. I tried to push it through viabtc top of the hour but no luck but I appreciate any help I can get, thanks!

Quote
The operator can't do anything. (Technically they could do a RBF, but that's not gonna happen)
It's up to miners to confirm the transaction or not.

If you want your transaction to confirm quickly and you don't mind paying extra FROM your received bitcoin then you could do a CPFP transaction spending the unconfirmed outputs from that transaction with a high-enough fee that pays for both transactions.


Or you could check the Service section to see if you can get a miner to confirm the transaction.

Thank you for the advice, I'll look into it if necessary.
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January 06, 2018, 09:26:24 PM
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is the receiving address in your wallet or deposit address on an exchange?
if it is an address you own in a wallet, you should just try CPFP
please indicate what wallet you use next time you reply

Prozero
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January 07, 2018, 02:17:05 AM
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is the receiving address in your wallet or deposit address on an exchange?
if it is an address you own in a wallet, you should just try CPFP
please indicate what wallet you use next time you reply

It's directly to my Exodus wallet
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January 07, 2018, 08:11:03 AM
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It's directly to my Exodus wallet
I don't know about Exodus -- don't use it because it's not secure (forces address reuse, closed source, allows insecure passwords, etc)
You can import your private key/seed phrase into Mycelium wallet on mobile to make a CPFP transaction.

When you import your private key, go to the transaction tab, highlight the unconfirmed transaction, press the menu button and select "bump fee/CPFP"

This will create a new transaction spending the unconfirmed outputs with a higher fee for both transactions, so your new transaction and pending transaction from the bitcoin ATM will be confirmed at the same time.
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