Understanding Bitcoin

[Joeycrack]

I’m glad I finally took the plunge buying Bitcoin. Ive blown it off so long only because of fear. It is so much easier dealing with BTC rather then sending the money the old fashion ways. On top of that they get the payment so quick. There are so many pluses to using bitcoin. I’ll never go back unless circumstances make me go back. Granted I still have a lot more to learn about BTC but I got the buying and sending part down well! If worried about Bitcoin dont be you will be so happy you jumped on board!!

 

[Rippedmover]

HOW TO BUY BITCOIN AT ATMs AND IN PERSON!!

If you are still very confused about buying bitcoin here is the easiest/least technological way possible..... There are many atms across the country that sell bitcoin and you pay via debit card...also at the website you are about to see, you will find stores that sell bitcoin. Gas stations, pawn shops etc. Average of 5-8% fee at atms and in person, which is still half of what most ppl are paying online.

1) Download Blockchain Wallet and set it up.

2) Visit www.libertyx.com and enter your city or zip code (zip code seems to be better) and hit search 

3) A page will come up showing stores, many of which you will be familiar with, and beside each one it says "Debit" ATM" or "Cash" "Cashier". I'm going to do both real fast----click one that says Cash Cashier. A page loads showing store name, address etc. Click Purchase Bitcoin Here.**(Now go open Blockchain wallet, click request at the bottom right and copy your wallet address)** Paste your wallet address and select the fee for how quick you want your coins processed (aka Miners Fee) and hit enter. It gives you a code. Take that code to the cashier at that particular store and buy however much you want ($500 max per day I think). Once you pay and get a receipt your phone will buzz with a notification from Blockchain of funds received  

Atm example: search your area like above and click on a store that has a bitcoin atm. Click Purchase Bitcoin and follow above steps until you get your code. Visit store, go to atm, and click "Liberty" on the screen. Enter your code and pay. Done.

I forgot about this way... Great option if not tech savvy or concerned with identity. I'm hoping these pics post in order. Maybe if it helps then @Admin or @2earls can make it a sticky..

 

[aBBazaBBa123]

@2earls I did get in touch wit him and he def showed me the ropes and now I finally understand how to by btc with low fees, fairly easily. My first try I did it wrong and the fee was 20 something $, my last fee was 29 cents or something. Btc mos def can be confusing but once you figure it out it unlocks so many doors and it really is simple to use if shown the way like @Rippedmover showed me. Thanks again man.

 

[Rippedmover]

Glad you got it @aBBazaBBa123  I got $350 today for $8 in fees. It's awesome. 

Never ever use "instant buy" in any app or website, the fees will be 4-7x higher!!

 

[aBBazaBBa123]

This was gonna be my last attempt at purchasing  bitcoin too. 20$ fee to buy instantly and a 29 cent fee to wait ten mins, they dont let you in on that secret tho haha. Im using the exact method you showed me from here on out. Follow his write up, it really is simple and he explains it clear enough for me to understand, and thats sayin a lot haha.

@Rippedmover

 

[Dickslapperman]

So I go to a  bitcoin ATM purchase  whatever then they will ask for my blockchain wallet & it will be uploaded from their? 

 

[FlyAway]

So I go to a  bitcoin ATM purchase  whatever then they will ask for my blockchain wallet & it will be uploaded from their? 

@Dickslapperman When you use a BTC atm, you should have the address of the wallet you want the coins to be sent to. You can have the wallet code on your phone and when asked for the address, hold the code to the scanner on the machine and it will read it and DONE! You should get a text to your phone in a few minutes confirming the transaction. You can also copy the code to a piece of paper and do the same thing. Hope this helps.