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Author Topic: Old fart needs help please.  (Read 241 times)
Primodaddy (OP)
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March 08, 2018, 07:04:11 PM
 #1


 Hello all Smiley

 So quick question here. I need to make a one time purchase using bitcoin, but I'm not able to set anything up with a bank account due to a nasty divorce involving financial lawyers and such so how do I go about sending funds to a bitcoin address?

 I know I can purchase bitcoins at a bitcoin ATM, but what do I do after I have the printed out receipt with the QR code on it?

 I'm stumped here folks so any insight would be greatly appreciated.

 Thank you.
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March 08, 2018, 07:12:56 PM
 #2

The receipt shouldn't contain any private keys so there isn't much use for it unless you faced an issue then you could contact the company while using the receipt as proof or something, and as far as I know, the ATMs will ask you to scan the QR code using the camera they have so you will have to show show a QR code of your BTC address that you printed or from your phone so they send you the funds to that address.

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bitperson
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March 08, 2018, 07:18:07 PM
 #3

I need to make a one time purchase using bitcoin, but I'm not able to set anything up with a bank account due to a nasty divorce involving financial lawyers and such so how do I go about sending funds to a bitcoin address?

 I know I can purchase bitcoins at a bitcoin ATM, but what do I do after I have the printed out receipt with the QR code on it?
Please use a descriptive subject when asking a question. It makes it easier for people who know the topic to spot your question.

If you get a paper wallet from the bitcoin ATM, you should sweep the private key to your bitcoin wallet as soon as possible. Sweeping means sending your funds to an address you control. (You don’t control the ATM, so it’s unsafe to keep the money in the paper wallet or to import and reuse the private key.) If you don’t have your own bitcoin wallet yet, please see https://bitcoin.org/en/choose-your-wallet. Then you can spend the bitcoins as you see fit, using your own wallet.

There are also bitcoins ATMs that allow you to specify an address to which to send the funds, skipping the paper wallet. In such a case, you could provide your own address, or you could have the bitcoins sent directly to whomever you are making your purchase from.

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When you’re happy with the answers in a thread you have started, please click ‘lock topic’ to prevent spam.
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Primodaddy (OP)
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March 08, 2018, 07:23:30 PM
 #4

The receipt shouldn't contain any private keys so there isn't much use for it unless you faced an issue then you could contact the company while using the receipt as proof or something, and as far as I know, the ATMs will ask you to scan the QR code using the camera they have so you will have to show show a QR code of your BTC address that you printed or from your phone so they send you the funds to that address.

 Man I'm bad at this stuff lol.

 Ok short n sweet version, can I send bitcoin to someone by just using a bitcoin ATM and then showing the machine the scan code of the persons wallet where I want the bitcoin to be sent?

 I've never made a single bitcoin transaction to date so you see how new I am to this lol. All I have set up is a blockchain account, but that was SUPER simple to do.

 Again all I wish to do is buy a small amount of bitcoin and then send it to someone without having to use my bank account at all.

 Thanks Smiley
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March 08, 2018, 07:25:47 PM
 #5

Man I'm bad at this stuff lol.

Ok short n sweet version, can I send bitcoin to someone by just using a bitcoin ATM and then showing the machine the scan code of the persons wallet where I want the bitcoin to be sent?

 I've never made a single bitcoin transaction to date so you see how new I am to this lol. All I have set up is a blockchain account, but that was SUPER simple to do.

 Again all I wish to do is buy a small amount of bitcoin and then send it to someone without having to use my bank account at all.

 Thanks Smiley

Yep, that pretty much it.

I also don't suggest using online wallets like Blockchain.info, use something like Electrum (Desktop).

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Primodaddy (OP)
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March 08, 2018, 07:31:05 PM
 #6

The receipt shouldn't contain any private keys so there isn't much use for it unless you faced an issue then you could contact the company while using the receipt as proof or something, and as far as I know, the ATMs will ask you to scan the QR code using the camera they have so you will have to show show a QR code of your BTC address that you printed or from your phone so they send you the funds to that address.

 Man I'm bad at this stuff lol.

 Ok short n sweet version, can I send bitcoin to someone by just using a bitcoin ATM and then showing the machine the scan code of the persons wallet where I want the bitcoin to be sent?

 I've never made a single bitcoin transaction to date so you see how new I am to this lol. All I have set up is a blockchain account, but that was SUPER simple to do.

 Again all I wish to do is buy a small amount of bitcoin and then send it to someone without having to use my bank account at all.

 Thanks Smiley


 Oh very informative, thank you.

 If I'm not able to find a bitcoin ATM that can send directly am I able to use the QR code print out to add coins to my blockchain wallet? If so I think I'm good to go.

 So.....

 Option 1, Buy coins from ATM and then scan code of wallet where I want coins sent and then done.

                                                      OR

 Option 2, Buy coins from ATM and then use my pc/phone to scan them into my blockchain wallet and then I can send to third party.


 Is this all correct or am I still out to lunch here lol?

 Thank you very much Smiley
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March 08, 2018, 07:45:48 PM
 #7

You are going to use your bank account either way old fart. or you could find another old fart to sell you Bitcoin for cash.  you could keep your money for yourself and not giving them to your ex, if that's what you are looking for.

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March 08, 2018, 07:47:10 PM
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You are going to use your bank account either way old fart. or you could find another old fart to sell you Bitcoin for cash.  you could keep your money for yourself and not giving them to your ex, if that's what you are looking for.

No, OP is going to use an ATM and feed bills into it.  It can be done without banking if you have a cash hoard.

You are in a maze of twisty little passages, all alike.
Primodaddy (OP)
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March 08, 2018, 08:10:28 PM
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You are going to use your bank account either way old fart. or you could find another old fart to sell you Bitcoin for cash.  you could keep your money for yourself and not giving them to your ex, if that's what you are looking for.

 I'm not looking to sell any bitcoin.
Primodaddy (OP)
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March 08, 2018, 08:17:25 PM
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You are going to use your bank account either way old fart. or you could find another old fart to sell you Bitcoin for cash.  you could keep your money for yourself and not giving them to your ex, if that's what you are looking for.

No, OP is going to use an ATM and feed bills into it.  It can be done without banking if you have a cash hoard.

 YES and no cash hoard lol.

 I just don't want to use my bank account at all. All I'm trying to figure out how to do is buy bitcoin and then send to another person every now and then. I don't and won't do any banking online and I never sync my account to anything.

 Thank you Smiley
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March 08, 2018, 08:29:23 PM
 #11



 I just don't want to use my bank account at all. All I'm trying to figure out how to do is buy bitcoin and then send to another person every now and then. I don't and won't do any banking online and I never sync my account to anything.

 Thank you Smiley


I would recommend a hardware wallet for operations like this. When it comes to the BTC mostly we starting to talk about 20k$ plus, kinda serious amount there.
So be sure that your safety is your first priority, don't use any web-based wallet (like myetherwallet) don't get me wrong they are awesome at their price (especially given that they are mostly free) they are great. But you get what you paid for, so there are no recovery options neither transaction confirmation, etc.

Thus when it comes to 20k+ (hopefully someday I will) the hardware wallet should be a no-brainer.
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March 08, 2018, 08:45:27 PM
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You are going to use your bank account either way old fart. or you could find another old fart to sell you Bitcoin for cash.  you could keep your money for yourself and not giving them to your ex, if that's what you are looking for.

No, OP is going to use an ATM and feed bills into it.  It can be done without banking if you have a cash hoard.

 YES and no cash hoard lol.

 I just don't want to use my bank account at all. All I'm trying to figure out how to do is buy bitcoin and then send to another person every now and then. I don't and won't do any banking online and I never sync my account to anything.

 Thank you Smiley

Damn, dude.  Well you did say it was nasty.

You are in a maze of twisty little passages, all alike.
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March 08, 2018, 08:58:32 PM
 #13



 I just don't want to use my bank account at all. All I'm trying to figure out how to do is buy bitcoin and then send to another person every now and then. I don't and won't do any banking online and I never sync my account to anything.

 Thank you Smiley


I would recommend a hardware wallet for operations like this. When it comes to the BTC mostly we starting to talk about 20k$ plus, kinda serious amount there.
So be sure that your safety is your first priority, don't use any web-based wallet (like myetherwallet) don't get me wrong they are awesome at their price (especially given that they are mostly free) they are great. But you get what you paid for, so there are no recovery options neither transaction confirmation, etc.

Thus when it comes to 20k+ (hopefully someday I will) the hardware wallet should be a no-brainer.


 I'm only looking to send a few hundo now and then and It's not for anything nefarious lol. 
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March 08, 2018, 09:06:08 PM
 #14


 Hello all Smiley

 So quick question here. I need to make a one time purchase using bitcoin, but I'm not able to set anything up with a bank account due to a nasty divorce involving financial lawyers and such so how do I go about sending funds to a bitcoin address?

 I know I can purchase bitcoins at a bitcoin ATM, but what do I do after I have the printed out receipt with the QR code on it?

 I'm stumped here folks so any insight would be greatly appreciated.

 Thank you.

So you're trying to purchase something illegal with bitcoin because you don't want the funds used for the purchase traced back during the divorce proceedings. Not going to pry, but be careful of the paper trail.

You can buy bitcoins from localbitcoins, where they may have a seller who is willing to meet you and exchange cash for bitcoins. From there, the seller can either send the btc directly to your address or directly to the seller's address.
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March 08, 2018, 09:08:26 PM
 #15

From what I can make out of this is unless you have cash sitting there you are going to find it difficult without leaving an imprint on your bank account. Even if you were to take cash out of bank to feed into a btc atm.

Do you know a third party that is trust worthy that could buy from the likes of coinbase if you gave cash and then they send it to your own btc wallet?

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March 08, 2018, 10:15:35 PM
 #16



 Hey fellas.

 No I'm not looking to do anything illegal and withdrawing funds from my account in person is not a problem. I'm just not comfortable linking my bank account to anything online for any reason especially bitcoin. First off I'd probably muck something up and secondly I keep reading about hacks and people loosing money so I just prefer to keep things simple is all.

 I'm not trying to be difficult here, just trying to figure out if I can simply use a bitcoin ATM to send funds to someone without the hassle of linking my bank account.

 Thank you Smiley
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March 08, 2018, 10:55:56 PM
 #17

I know I can purchase bitcoins at a bitcoin ATM, but what do I do after I have the printed out receipt with the QR code on it?

I'm stumped here folks so any insight would be greatly appreciated.

Sweep the private key from the receipt into a wallet (like Electrum). Then send BTC as needed.

Some ATMs require you to set up a wallet before buying. In that case, you scan the QR code of your wallet at the ATM and the coins are deposited directly into your wallet.

I'm not trying to be difficult here, just trying to figure out if I can simply use a bitcoin ATM to send funds to someone without the hassle of linking my bank account.

Sure you can. You'll pay a hefty premium -- usually upwards of 8% -- but you can do it with cash.

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March 08, 2018, 11:03:29 PM
 #18

If you are confused by using ATM, you can use the sending through rekeneng relatives or even your friends to request the help of delivery in order to more quickly you get bitcoin.

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March 08, 2018, 11:11:12 PM
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A quite easy solution would be also to open an account at Coinbase, wire some money there or use a CC and then buy a bitcoin that you can then send to whoever you want.

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March 09, 2018, 01:23:01 AM
 #20

I know I can purchase bitcoins at a bitcoin ATM, but what do I do after I have the printed out receipt with the QR code on it?

I'm stumped here folks so any insight would be greatly appreciated.

Sweep the private key from the receipt into a wallet (like Electrum). Then send BTC as needed.

Some ATMs require you to set up a wallet before buying. In that case, you scan the QR code of your wallet at the ATM and the coins are deposited directly into your wallet.

I'm not trying to be difficult here, just trying to figure out if I can simply use a bitcoin ATM to send funds to someone without the hassle of linking my bank account.

Sure you can. You'll pay a hefty premium -- usually upwards of 8% -- but you can do it with cash.


 Thank you kindly brother, most helpful Smiley

 I think I got the jist of it now so next step is to look up my local bitcoin ATM's and see what's best suited for my needs. The extra ATM charge ain't no worry as I won't be doing this very often and for the peace of mind and extra $20-$30 is not a concern to me.

 I know of people who use this bitcoin all the time and all I hear from them is how ridiculous the fees are when it comes to exchanging or transferring, like being charged a fee of $50 just to send $270 or what have you. I don't fully understand everything, but I'd rather skip all the hassle and just use an ATM and be done with it lol.

 Again that you....... and btw your username has me curious, you lift the iron bro or you living rent free in disheveled buildings lol? 
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