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Title: World’s First Bitcoin ATM Set to Go Live Tuesday Post by: mangox on October 25, 2013, 04:03:06 PM http://www.wired.com/wiredenterprise/2013/10/worlds-first-bitcoin-atm/
Quote Three high school buddies from a tiny Canadian town say that they will flip the switch on the world’s first bitcoin ATM next week. It will operate near the entrance of a downtown Vancouver coffee house. Built by a Nevada company called Robocoin, the machine will trade bitcoins for cash and vice versa. Bitcoin is the world’s most popular digital currency, and it exists only on the internet, but it can be traded for traditional dollars and euros. Though bitcoin began as niche technology embraced mostly by internet geeks, it is gradually spreading not only to everyday people, but into the everyday world. To buy bitcoins with the Robocoin ATM, you need to do a palm scan and then stuff the machine with as much as 3,000 Canadian dollars per day (roughly US$2,900). The machine then makes a trade on Canada’s VirtEx exchange and moves them into your online bitcoin wallet. The palm scan is to prevent people from doing more than $3,000 worth of transactions, as that would run afoul of Canada’s anti-money-laundering laws, says Mitchell Demeter, one of the Robocoin’s new owners. Title: Re: World’s First Bitcoin ATM Set to Go Live Tuesday Post by: Hfleer on October 25, 2013, 05:27:54 PM That's great. I've been waiting for these to get out there, maybe we can get a picture up.
Title: Re: World’s First Bitcoin ATM Set to Go Live Tuesday Post by: Maidak on October 25, 2013, 06:04:12 PM If only I didn't live in hick - town :( This thing would serve a purpose for maybe 5 people within a 500 mile radius where I'm located.....
Title: Re: World’s First Bitcoin ATM Set to Go Live Tuesday Post by: claycoins on October 25, 2013, 09:16:20 PM hope it works well so more are setup worldwide.
Title: Re: World’s First Bitcoin ATM Set to Go Live Tuesday Post by: Moogle on October 25, 2013, 11:39:48 PM Pretty exciting news! Glad to see things still moving forwards despite the whole SR stuff
Title: Re: World’s First Bitcoin ATM Set to Go Live Tuesday Post by: waltermot321 on October 26, 2013, 03:04:57 AM Nice, if we have more ATM machine set up, the price might be closer to $1000.
Title: Re: World’s First Bitcoin ATM Set to Go Live Tuesday Post by: waqas on October 26, 2013, 06:52:08 AM Nice, if we have more ATM machine set up, the price might be closer to $1000. then we are more rich and can buy some land on mars ;D Title: Re: World’s First Bitcoin ATM Set to Go Live Tuesday Post by: OracionSeis on October 26, 2013, 08:18:04 AM That is great Bitcoins is gettin wider and wider each day!
Title: Re: World’s First Bitcoin ATM Set to Go Live Tuesday Post by: MoneyGod on October 26, 2013, 08:25:04 AM some members of community doing very hard work for spreading this bitcoin we have to apperciate them their efforts best wishes for them good luck :)
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