Transaction problem (Beginner)

[Pursuer]

I recently bought Bitcoin from an ATM. I tendered a $100 bill and got bitcoin worth $87.

13 USD for the ATM fee? I definitively wouldn't use an ATM when its so much simpler and cheaper to do it online. I guess that's the price for privacy? But the ATMs should be protected, and video camera covered...

Probably he was trying to use the ATM for the first time because of curiousity of how it works. The high fee does not make senses obviously, as he should get less fee on exchange. Or perhaps he bought on atm because he do not want to use exchanges for a reason.

the high fees actually make good sense if you stop comparing the fees with other methods such as buying on an exchange.
the bitcoin ATM machines are offering a unique and without competition service for people who want some sort of big privacy when they buy bitcoin which is why they can charge outrageous fees on each purchase and people pay them because they have no other options.

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[septi.JR]

really strange, the question is why the cost of miners can spend your bitcoin balance, it seems that ATM is a problem, not from blockchain

[koincik]

I recently bought Bitcoin from an ATM. I tendered a $100 bill and got bitcoin worth $87. The Bitcoin immediately showed up in my Blockchain.info account when I went back home and checked on the computer. I was not familiar with the concepts of cryptocurrency, so that same day I decided to sent Bitcoin to an address. When I sent to the address, I chose a $0.03 fee which is ridiculously low, now that I know. This transaction has now been stuck for a long time now. When I went back and checked everything again, I found out that I had spent that Bitcoin from an unconfirmed transaction which is still pending 0/3 confirmations. I clicked on the transaction ID of the ATM transaction and found out that a $1.25 miners fee was given and It still isn't confirmed. With the same transaction from the ATM, when I clicked on the transaction ID, it has over 600 confirmations. And when I select the transaction of where I sent Bitcoin, that as well has over 600 confirmations, but Blockchain.info says that both are still pending. As of now, I'm very confused to as what is happening. Can someone explain?

It is more sensible to send a high fee at all times in case of such situations. The same thing happened to me once in Ethereum. In those days there was a congestion in the ETH network and I had to wait for days to complete.

[AB de Royse777]

~snip~
but Blockchain.info says that both are still pending. As of now, I'm very confused to as what is happening. Can someone explain?

https://www.blockchain.com/btc/tx/29aed8d3ced73f59f2c6c58b9b7a5d63cb5191fd66e926e732aa1b20e3ce7923

The output addresses
1HyuuVnzQCE1o2cx2gLPM46TvfePDgBPcM
and
1GzaNh7jBSQzELsu2kDfBkqXADnEhvr2Dv

Are these your addresses or you sent for any service or to buy product?

If these are your address and if you have access of the private keys then you can just use Electrum and access the Bitcoin. You do not need to worried about Blockchain.com site. They are just an online wallet.

If you have paid for any service or product then, they already got the payment.

Either way, there are nothing about the confuse. You are good.

Next time use a proper wallet like Electrum.

[pawanjain]

I never knew it's even possible to spend the bitcoin that one have already sent to another wallet address....the narrative is even more confusing.
I know that most at times using the custom fee button and setting transaction fee to a lower figure makes confirmation of such transaction very slow.
But it's not possible to spend already spent bitcoin.

Started searching the same on the internet but ended up getting more confused. Anybody here could explain clearly as how is it possible to refer a spent output as the input of a transaction.
From what I read, I got to know that only unspent outputs can act as a reference to the input of a transaction.

[GreatOrchid]

blockchain.com(previously .info) is known to have many different bugs in their system which they never solve. so i wouldn't be surprised to know that the transaction is already confirmed. but to be sure (in case you don't want to share it online) you can take the transaction ID they show you in your wallet and use another block explorer (like blockcypher or blockchair) and check the status of that transaction. if your tx was not confirmed then check the one it is spending, if that was also not confirmed then try going back as much as you can and see whether what you have is a chain of unconfirmed transactions because at the moment that is the only way possible for transactions with such fees to remain unconfirmed since low fee txs are also being confirmed fast these days.

and finally i would suggest using a desktop wallet instead of a web wallet such as blockchain.com. Electrum is a good one. first learn how to use them, download from the official website and make sure to verify their signature and then move your funds there.

All the transaction that it is online is sometimes have minimal problem when it comes to payment or what so ever like in a block chain but it is normal. Also sometimes encountered a problem transaction like pending transaction or unconfirmed transaction. Currently i am using a coins.ph android application and sometimes in terms of transaction my request is pending but after a few minutes or more than hour but it is resolve immediately. Coins.ph application is one android app that I want to recommend to all of you because it is easy to use and it is a user friendly. Also in this app there is so many kinds of wallet like btc, xrp, eth and bch all in one in one application.