I have used a bitcoin atm once and I paid 333 sat/byte fee and the cash came out instantly. I bought a steam game with bitcoin also and the fee was 271 sat/byte and I could play the game instantly. I am wondering why it was an instant process, is it because it got confirmed at least once instantly? I assume the transaction needed to be confirmed at least once before I could get the cash or my game, or did it? Or the system was just smart enough to detect that I had sent a transaction and I was good to go? via /r/Bitcoin http://ift.tt/2FhMLop
