Bitcoin Forum

Economy => Economics => Topic started by: D4UN7L355 on November 19, 2017, 09:20:06 AM



Title: Bitcoin ATM
Post by: D4UN7L355 on November 19, 2017, 09:20:06 AM
how many bitcoin ATMS in your city/town ???
do you think it is easy to exchange bitcoin to cash in your Area ???


Title: Re: Bitcoin ATM
Post by: Crypto-Age on November 19, 2017, 09:44:52 AM
I've heard a btc atm was set at Istanbul Ataturk airport last year.
I m living in Turkey and we have not a lot of atm or btc shops here..


Title: Re: Bitcoin ATM
Post by: sunnex100 on November 19, 2017, 09:49:35 AM
In Nigeria, I don't think we are close to have a Bitcoin ATM yet because, the knowledge of bitcoin is still very minimal and the level of awareness is also low. Government will need to cash into the Bitcoin phenomenon to allow for innovations and trends that you are canvassing. On the whole, if bitcoin as a cryptocurrency is said to be a virtual currency, I really see no need for an ATM.


Title: Re: Bitcoin ATM
Post by: Lieldoryn on November 19, 2017, 10:13:42 AM
In my country I haven't seen a bitcoin ATM. I don't understand why they are needed at all. We still make purchases mainly for the Fiat using a credit card. It seems to me that the bitcoin ATM is a return to the distant past when the shops were not equipped with terminals for Bank cards. I would not put a dollar in a rarity.


Title: Re: Bitcoin ATM
Post by: Lumada on November 19, 2017, 10:22:33 AM
In my country I haven't seen a bitcoin ATM. I don't understand why they are needed at all. We still make purchases mainly for the Fiat using a credit card. It seems to me that the bitcoin ATM is a return to the distant past when the shops were not equipped with terminals for Bank cards. I would not put a dollar in a rarity.
I heard that in my country , there is one, yet it was said to be broken, so It can be counted yet, i hope the'll put some of it nationwide.


Title: Re: Bitcoin ATM
Post by: davis196 on November 19, 2017, 10:24:20 AM
how many bitcoin ATMS in your city/town ???
do you think it is easy to exchange bitcoin to cash in your Area ???

There are zero bitcoin ATMs in my city.I live in a small city with around 8000 citizens and bitcoin isn`t very popular.I don`t think that there is a need to exchange bitcoin for cash.It will be great if the exisitng POC terminals or ATMs are updated to accept bitcoin+fiat debit/credit cards.This is more efficient,rather than creating only bitcoin related ATMs.


Title: Re: Bitcoin ATM
Post by: explosion on November 19, 2017, 11:04:10 AM
In my country not so many people know about bitcoin, so there is no need to set up auch ATMs, and it's impossible to cash out my cryptomoney


Title: Re: Bitcoin ATM
Post by: ryjin1007 on November 19, 2017, 11:10:08 AM
Hoping to have an bitcoin atm in phil because its so much secure unlike the normal atm they are easy to penetrate with some devices to get the codes result are gone.


Title: Re: Bitcoin ATM
Post by: Nevis on November 19, 2017, 11:21:07 AM
Im not really aware on how many bitcoin atms are available here in philippines but im hearing people talking about one machine in a major city here in philippines.So i think there are still more to discover maybe its just somewhat in a not that popular place


Title: Re: Bitcoin ATM
Post by: Dudeperfect on November 19, 2017, 11:48:31 AM
I am very sad to inform that I don't have even a single ATM in my town but there are some ATMs in my country and domestic exchanges are working in order to build awareness about Bitcoin and cryptocurrencies among the merchants to make a Bitcoin-friendly market environment. If Bitcoin ATM is used for anything other than checking balance or buying Bitcoins then it goes against the core principle of using it as a payment method if we are selling Bitcoins to withdraw cash against our Bitcoins. However, I am expecting a growth in the number of Bitcoin ATMs in my country in the coming 5 years.


Title: Re: Bitcoin ATM
Post by: maydna on November 19, 2017, 11:49:58 AM
how many bitcoin ATMS in your city/town ???
do you think it is easy to exchange bitcoin to cash in your Area ???

i heard there is one or two bitcoin atm in my country but its in other city. i want to tried that machine but unfortunately its too far from my country so i think i don't have any chance to used the bitcoin atm. but in future, if i have opportunity to visit to that city, i think i will trying to use bitcoin atm so i can know how it feels.


Title: Re: Bitcoin ATM
Post by: secdark on November 19, 2017, 11:52:08 AM
how many bitcoin ATMS in your city/town ???
do you think it is easy to exchange bitcoin to cash in your Area ???

Here in Philippines there is only one bitcoin atm that I know but still I haven't use it or.I don know how.to use it and.how it works but I want to try one but still.it is really far.from my place and I hope that there will be more of it here in my country


Title: Re: Bitcoin ATM
Post by: hpmp on November 19, 2017, 12:03:46 PM
It's not 100% legal yet, so it's complicated. But I saw pictures of some btc atm somewhere.


Title: Re: Bitcoin ATM
Post by: jseverson on November 19, 2017, 01:09:13 PM
What's with the obsession over Bitcoin ATMs? I don't think they're very useful. In fact, I think they're most useful for its visibility because it also acts as an advertisement, rather than its primary purpose of dispensing Bitcoin or fiat. I guess it's cool when you first encounter one, but you're only ever going to use it once. Most charge really high fees, and it's infinitely more convenient to buy or sell within the safety of your home using online exchanges. It will only really see use in emergencies, when you have Bitcoin but no fiat or something.


Title: Re: Bitcoin ATM
Post by: kucritt on November 19, 2017, 01:43:36 PM
there are no bitcoin atm in my city, if i want to exchange my bitcoin into local bitcoin i need to exchange it manually into local market in my country, and it will takes a fee when i need to withdraw my money


Title: Re: Bitcoin ATM
Post by: AjithBtc on November 19, 2017, 01:51:35 PM
Bitcoin ATMs were not that popular around the globe. It has been getting implemented all around. In specific at present bitcoin Atm implementation is much effective on Japan. Around the globe in several other countries the bitcoin atm that are in usage were taken back due to the less usage from users because of the increased withdrawal charge.


Title: Re: Bitcoin ATM
Post by: syahril on November 19, 2017, 01:52:38 PM
It's not 100% legal yet, so it's complicated. But I saw pictures of some btc atm somewhere.

Actually their no bitcoin atm is implement yet in my country.Their is a talk going on to make of bitcoin atm.In my country bitcoin is fully legalized.Many are using bitcoin including myself,I was start bitcoin mining in my country.If the Bitcoin Atm come means,it was very helpful to me.


Title: Re: Bitcoin ATM
Post by: audrey12 on November 19, 2017, 01:57:48 PM
I haven't heard any news that our country have or will going to have a atm machine for bitcoin although it is clear that some countries are having their atm I just hope sooner my country will have that so it would be more convenient for us to transact bitcoin and convert them into our native currency


Title: Re: Bitcoin ATM
Post by: Vasilije69 on November 19, 2017, 02:34:54 PM
In my country (Montenegro) there is no any BTC ATM. In fact, the knowledge of Bitcoin is pretty low here. Almost everyone has never heard about it. The nearest BTC ATM is in Belgrade, Serbia. And it's only one there, in the country with 9 milion people...
Anyway, I hope we will have get one too. during the 2018.


Title: Re: Bitcoin ATM
Post by: STRAKS on November 19, 2017, 02:35:32 PM
There is just one in the country where I reside in. Hopefully more on the way.


Title: Re: Bitcoin ATM
Post by: Ctn on November 19, 2017, 03:00:37 PM

There is no bitcoin ATM in my area, region, county or even in the whole country. LOlz! I live in asian country which is yet to understand what bitcoin is. The government and politicians are not even aware that how to work up with these things and how to add them with the financial system of country. Getting approval for ATM machine is far far away from now. Its like rest country is leaving the Star Trek life and we are still in the dark age civilisation who know how to grow farm and how to use to stone to light the fire!


Anyway I hope I will see one soon and sometimes I feel bad that I’m earning so much money with bitcoin but there is no way I can easily spend the bitcoin here.