[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 665 KB, 2880x1920, bitcoin-green-e1513272805671.jpg [View same] [iqdb] [saucenao] [google]
14753426 No.14753426 [Reply] [Original]

I just put $60 into a Bitcoin ATM and got 45 worth of Bitcoin. Did I get ripped off?

>> No.14753441

Yes, you’ll break even when bitcoin hits 16k kek

>> No.14753444

>>14753426
if you put in 500 and get 485 then not, you're either a pussy or a poorfag, then you get what you deserve

>> No.14753449

>>14753426
So they charge a 25% fee?

>> No.14753475

>>14753426
bitcoin atms in the usa range anywhere from 5-25% fee. the first one that came to my town was 13.5% now we have one that does it at 7%

>> No.14753522

>>14753426
>yourenot supposed to use it. Just to hold. Store of value.
>but storing value implies storing somethings use. Wheres the use? Sounds like youd need fiat in that system to switch back and forth forever. Sort of sounds like a ponzi, I thought bitcoin was supposed to be something new and evolutionary, not just a new kind of savings account from which its costly to withdraw money.
>shut up and buy my bags.

>> No.14753550

>>14753426
Are you joking ?!?!?! I'm sorry i'm not good with sarcasm in English.
I think a 0.075% is a big commission.

>> No.14753555

Nah, OP, that's just the transaction cost of a BTC transfer. Gotta maintain that store of value, you know.

>> No.14753563
File: 792 KB, 1242x1228, ABB01FCE-2F79-45F1-BEF5-09A613B80900.jpg [View same] [iqdb] [saucenao] [google]
14753563

>>14753550
Percent of the day shift for work today and tomorrow night I can get used

>> No.14753579

>>14753449
Coinbase is being a a dickhead about not letting me but Bitcoin. I used to be able to. Then they keep tightening their requirements. I uploaded my driver's license 3 times now, it gets accepted, I get an email saying I can but Bitcoin now, then I go to buy it and it prompts me to upload ID again. Tired of their fucking bullshit. I just want to buy Bitcoin as painlessly as possible.
I've checked out the Bitcoin marketplaces and the seller always wants a picture of a driver license an a self picture. Uh, no, that's sketchy.

>> No.14753586

>>14753426
I bought some coins in 2011 but the markup was 20%, I wasnt gonna pay that so I only bought 2. Dont buy any if theres a markup. Maybe in a few years itll be better.

>> No.14753610

>>14753426
Immediately trade the BTC for LINK so you can get your money back.

>> No.14753723

>>14753610
Nobody accepts it from what I've observed so far.

>> No.14753980

>>14753579
Damn that sounds like worrying level of incompetence on their part.