Bitcoin Forum

I feel very inspired right now. I just came across a video in which there's a Bitcoin ATM in the country! I feel so glad to see how Bitcoin is getting adopted. This proves that after all, our promotion of bitcoin is helping in spreading the news. And we aren't planning to stop the promotion anytime; we're even planning to hold more seminars to help people know about bitcoin. Now, one of the advantages of this Bitcoin ATM is that anyone who doesn't know what Bitcoin is and sees it would ask what the machine is used for, and from there, it just keeps spreading!!! Watch the video here to see how it works (https://vimeo.com/392304539). BTW, What progress is happening in your country? If none then try doing more in favour of bitcoin (for countries that find bitcoin legal).

I don't really see it as adoption, it's more like enabling the Nigerians to get some BTC in an easier manner. A little but sweet development for BTC in your country, and I'm happy to know you've now got an option to purchase and sell in a physical way.

But considering the population of Nigeria, the pretty bad economy situation out there and the country's size (~4x larger than Romania, the country I live in), I believe most people will still head towards online exchanges. It's just more convenient. An ATM will obviously help though and is better than nothing. Here we have quite a few ATMs but I still feel like there aren't enough & the fees are pretty large (speaking about the withdrawal fee), nor are there enough shops yet. I still have to find European merchants if I ever want to buy anything with it.

EDIT: I've checked a few websites and apparently the only BTC-related thing you can find in Nigeria is this new ATM and a few online exchanges. I think I'm too used to hearing about new ATMs and I just didn't notice & understand that they literally don't have any BTC service over there. With that being said, I'm glad to know the crypto community out there got a little boost with this ATM. :)

Lol, your perspective tho. However, it is clearly adoption because if it is not being adopted by the people in the country, why then would someone bring a Bitcoin ATM?
Well, I believe that an analysis was done and observing that people are moving into cryptocurrency, hence the step was taken.

In my country there are many crypto enthusiats and bitcoin users especially among the young generation.
The main problem is there is no clear legislations regarding the use of cryptos. Therefore, no one would take the risk of buying a bitcoin ATM as it can be seized by authorities.

That is one downside of an Bitcoin ATM, the fees are very high, I checked https://coinatmradar.com/countries/ and it seems that it is not listed yet, so this is fairly new in Nigeria. We have two in my country, we just have one as well this year and pretty much bitcoin is gaining ground here but I'm not sure if people are really using this ATM's around.

You've got a Great point here. Actually, I'm not sure if there's a clear legislation regarding the use of crypto here. But I do know that the central bank requires kyc from anyone who is related to crypto. With this, we can easily say it's legal. If it's not, I have the feeling that the machine will be seized as you've said. But then, I don't think they would just bring in such a machine without having known if it has been publicly declared legal or not.

I'm from India and we're having a case filed between two big organizations - RBI (Reserve Bank of India) and IAMAI (Internet And Mobile Association of India) about the legality and regulatory status of BTC. It has taken around 3 years already for them to decide whether or not to allow the banks to deal with those who own or deal in cryptocurrencies, I'm eagerly waiting for some day when I'll see my country having lots of BTC ATMs where I will be able to convert my BTC and withdraw my fiat without the need of any mediator or even a buyer.  :-\

Haha, I have this positive feeling that the decision that'll be taken would be a positive one (allowing banks to deal with users that operate with bitcoin). Just someday, it'll be legal and you and other Indians would experience more of the blockchain technology! 😉

And it was different in my country.
Yes, we are already adopting crypto and Bitcoin, and our government leaders are supporting this but to find out that there is no Bitcoin ATM up to this moment. I don't know the reason why it happens, or it may be that having crypto machine isn't particularly usable to us. Besides, a lot of people using online/cashless forms of payment and I don't think that we need this thing, in fact, we make transactions using our phones instantly.

Having a crypto ATM machine isn't a measurement that we are already adopting Bitcoin. The fact that more people are engaged in crypto and many establishments are accepting it, then we could say that we are in adopting this technology by then.
 

Exactly, no regulations yet meaning you should remain anonymous or else the banks will also question your ability to have that money as well. Bitcoin also works well in my country even if there’s no regulation and the ATM is fine to use but with a lot of care since you can easily got robbed if someone saw you using that ATM Machine.

Yeah, we literally do everything hidden under the fear of either getting jailed or just scrutinized for hiding taxes that could have been paid, but when something is not being seen as legal and they are only trying to criticize then, we felt like we've lost the right to move our own money wherever we want to (now appreciating Blockchain and cryptocurrencies too). What does BTC give to us? It gives us freedom to move our money from our place to anywhere in the world where the recipient accepts it, at the cost of a lollipop (or even less) and we even do it, but getting scared every single time we transact which is something any citizen of any country wouldn't expect.

I've probably used the wrong words and made it look like I see this new ATM installment as a negative thing. My bad.

What I meant is that I wish there were more merchants working on implementing Bitcoin rather than installing ATMs. As I've posted earlier today in another thread, ATMs usually take significant % as fees, especially for withdrawals, which is a huge drawback especially for a not-so-good economy like Nigeria's. I've looked up the ATM but I can't seem to find the % it takes for Buy & Sell at the moment, if you could find this information it would be awesome. Just wanted to compare the % to those I find in my country and around Europe. :)

The high % for withdrawals makes it very inconvenient for the poorer investors to sell their BTC, because they'll look (and I think everyone will, not just them) to maximize the total sum they'll end up with in their pockets. Hence, I'm thinking the economically disadvantaged countries such as Nigeria and Venezuela need a way to handle BTC with a % as close to 0 as possible. One way to do this is going for online exchanges. On the other side though, it just came into my mind that ATMs can be used to sell BTC when you're in an emergency.. so it's got both advantages and disadvantages.

My apologies for the words used. It seems that I fuck up my statements due to the words I use way more often than I should.

First thing thanks to you,  because you are planing to give education about bitcoin to your local people that will helpful for them because we know importance of private key and how we can use them and keep them in very safe place otherwise some one can cheat them.
And really you are peoples very lucky to use bitcoin ATMs in your country. but In our country the situation is apposite because still we didn't get any good news regarding Crypto currencies regulations I hope we will get good news soon.

I don't know if my country still look bitcoin as a threat or what because until now they don't make any decision for bitcoin. They still act calmly and still allowing to use bitcoin as an investment place or trading place but if there is something bad happened to the user the government will never do anything. Seem like regulation for bitcoin in my country or cryptocurrency in my country will just like that, they will never try to use or regulate bitcoin as mean of payment.

In my country, to any massive use of cryptocurrencies is very far away. In addition, even to the normal standard of living of most citizens, and not a small handful of different oligarchs, is also far away. Although, I hope that someday I will see a wide distribution of cryptocurrencies with us.

Ok count it in as fruit of your labor by non stop promoting bitcoin in your country. That's a good start to see that there is a bitcoin ATM located there. And as a perfect example, show to the people that you are also using that atm or use it at least once so that people will notice it.

Once, there are people see you use it, I think they will  massively be interested to it and will start asking you personally how it works and how's the fees.

In my country bitcoin is not legalize yet, but not illegal too. People can use it as assets but still can't use it as payment. Maybe only need time for government to make it legal, because what really can make bitcoin legalized is government from the country.

Same on ours but the good thing there is I can see some progress of adoption aswell I see some institutions are looking on it so for this we can determine that even for now that this currency is not legalize yet there's still a high chanc that government will adopt and treat this one as digital assets. But the one I really want to look is the stoppage of hyips,pyramid and mlm's since this platforms are putting some dirt on the image of bitcoins.

What kind of adoption that your country do? Well, is the Bitcoin legalized in your country? I think it will also relate to the law and regulation of the crypto from the government in each country. The adoption may only lay on bringing new crypto projects, adopting the technology of blockchain, or even its digital assets. In my country itself, there is legalization of the crypto as a digital asset, but not for the payment. I can also find some BTC ATMs in certain areas (where there are high numbers of foreigners) to ease the transactions.

That is nice that there are those ATMs that are being installed in your country. That just means that the owner of these ATMs is seeing the number of users in your country. I know the feeling but don't be that happy though, in our country there is also a lot of ATMs but the adoption of people is so low. People still don't want to use it and just a small of the population use that.

That's indeed a good news. Spreading some words about bitcoin by holding a seminar will definitely encourage other people to join in cryptocurrency world. But, is it a free seminar or what?


There is just few Bitcoin ATMs in our place, and honestly I don't even use bitcoin atm. It's not because I don't want to or I don't know how to use it but as I have said, the accessibility is not convenient since it is far from my place. It wasn't yet spread out within my country unlike to the other countries.


When it comes to the bitcoin progress in my country, it is still in a "developing" stage. Meaning, it is not that well accepted nor banned but majority of the people doesn't aware of bitcoin. Well, there are Merchants that accepting btc in our country, but it's still few and does not increase people awareness about btc.

In my country, I've heard that there's already a Bitcoin ATM however I haven't really seen one in person. When I first heard about this similar news, I got excited and happy at the same time because I can see that Bitcoin is starting to gain attention here in my country. But after some time, I don't know if the number of bitcoin ATM increases.
Overall, it's a slow step towards mass adoption. I'm just glad that cryptocurrency is slowly gaining attention here in my country and they're trying to give crypto a place here.

you missed to tell us in which country you from so we might have idea on what is your country status about Bitcoin but its Ok what is important the adoption your country is having now.
in my country its been many years since the ATM's has been Installed but still there is no clear stand from the government towards Bitcoin,they are just reminding the people to invest at their own risk as cryptocurrency is risky(according to them) but they are not banning or stopping people from doing investments here.

The presence of a bitcoin ATM does not mean that the adoption of bitcoin has grown, although if we look at this time almost every country already has a bitcoin atm machine but unfortunately bitcoin users rarely use this machine to make transactions because the costs are higher than using other exchanges and there are also other shortcomings in bitcoin machine atm.

Not exactly true. Bitcoin ATMs are popular in Europe & the US but not other continents.


If you continue reading further you'll know where does OP live.

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With that said, I believe the number of merchants accepting Bitcoin is a better metric to judge this adoption thing.

That's not an issue, I've been there before. I guess your pount happens to be more explanatory than earlier. Thanks!

we promoting bitcoin ?  no mate i havent prmoted bitcoin yet  . maybe some people did  but if you think that people on this forum promote thier sigs well that is another company/business and not directly bitcoin but somehow related to bitcoin   . still its nice to hear that there are now finally bitcoin atm on your country  . enjoy using it and come back here once again to update if what features you like and dislike , i just hope that btc on your country didnt require a kyc because i  heard other btc atm require a kyc now which sucks

Congratulation,  nice achievement 😁
In my country we already have several Bitcoin ATM and recently state owned Post started deal with one private company.
They are offering now crypto exchange in all main post offices in the country 😁
Also,  our merchants can use now app and accept payments in btc.
We are going forward!

This is a great one for the bitcoin community at large and also a good innovation in your country. How has the reception been so far this innovation has been implemented? Also have you used the machine yet or anticipating to use it soon. I'll also like you to share how your experience was when you use it. A big part of the bitcoin supporters are yet to experience how a bitcoin ATM works due to their country bitcoin regulation and economy and are looking forward to experiencing it in other countries or hopefully things changes in their country in regards to the current bitcoin policy they have.

I will take this opportunity to vent. In my country there are hundreds of young people using computers and smartphones, but unbelievable that these hundreds of young people from my country prefer to spend the whole day on whatsapp, facebook and instagram than try to investigate things about politics and investments (who knows, they might know about bitcoin and blockchain ). I can't understand why the heck young people in my country prefer things like facebook and instagram and have never heard of things like bitcoin

You got this one right.
In my almost 3 years in crypto, I haven't seen any ATM machines here in my country where you can withdraw direct cash. Bitcoin here is neither legal nor illegal so there's really no clear situation in Bitcoin when it comes to the law which I guess stops ATM investors to further push ATM projects in the city. There's an option to withdraw BTC to fiat in banks though, I think there is one bank that offers this and so far my friend uses it until now.

congratulations mate for your country having your  BITCOIN ATM and you must be proud of it right?i have found your posts very promising and dedicated about Bitcoin and cryptocurrencies mate and i hope you will continue boosting this forum with your positive thoughts and views about these currencies.
checking the Video now and hope i will find more educational and valuable ideas about Bitcoin .

Well I would be pleased if there would be more ATMs here in my area, but that isn't the thing that comes into my mind when I am looking for widespread adoption here in my area. I can see that a proper programs should be implemented for people to be aware and learn the true nature of Bitcoin, because it seems like many are having the misconception of Bitcoin of being a ponzi-scheme, scam, and -insert any types of scams you can think of-. I think people need also the knowledge of its economics, how mining works, and what is Lightning Network. It would be pretty hot topic to talk about to be honest.

Great to see your country is supporting bitcoin and that people are working hard to make each other aware of crypto currencies, its usage and advantages. True, when someone sees the ATM, they will be curious about it and will eventually get to know about bitcoin. Seminars are going to help too. But keep everything basic. If you go too in depth, they might end up losing their interest thinking that it is too complex. And also make sure you make people aware of the laws regarding crypto currencies (like tax on gains and reporting to authorities).

Which location of Nigeria did you exactly get this from? Nevertheless, it is a huge plus to the people in this region which provides the easiest means of exchange. We are getting there gradually

I think that machine is in Lagos Nigeria, I had seen the video. What we need more in Nigeria is to hold quality seminars and not the ones that tend to promote exchanges and their coin. In Nigeria, we have some groups going about selling fake coins to the innocent we need to tackle that.

Glad to hear this news, however, slowly adoption will definitely continue and with the drive to continue to promote bitcoin then of course it is something that will have a good impact on the growth of adoption in every country. Maybe it would be better to make a breakthrough to provide alternative payments at each trade center because that way there will be more people who are curious about bitcoin and of course with the many adoptions made in many sectors it will be better because to do the promotion at least have to have the right target.

Wow! That's cool if you'd ask me. Well, I never knew about bitcoin ATMs let alone know that some countries have "several" of them.

Actually, I haven't used it yet; still anticipating. However, the ATM location is distant from my exact location (maybe an 8 hours drive). But if I get to use it in any way, I'll still give a review based on what I experienced.

I think that is a good decision. You could commute or drive there and give a review of it. You could share your first experience with it not only with the members of this forum but also with the people that living near you. As you said, it is still far from you and that could mean a lot of people around you do not know what bitcoin and crypto currencies are.

i thought you have actually used the machine the way i read your thread lol,but anyway that is too far 8 hours drive.

another question is Does your country has no Banks that offers Crypto atm's?i mean like in my country that there are some banks who has given us cryptonians privilege to use their machines.

but thanks for always sharing your thoughts and experience to us here,it really motivate us more.

It is very hassle for us bitcoin users to adjust because here in our country, cryptocurrency is not yet fully adopted and regulated that's why we are having a hard time using it. Otherwise, we will move to a country that's fully adopted the cryptocurrency like Turkey, Singapore, and etc. If that's the only way because i'm pretty sure that it will take too long before my country approves to use it in a daily basis. As people here who uses cryptocurrency increases, the more people here are going outside of this country to completely use it. Most of the ATM's here are only using fiat currency that's why if you're a fan of crypto then you should make your own way.

That's how the government get their profit, it is by increasing the transactions fees. They know that the cryptocurrency will make their economy grow due to a large impact of it to the people. Government knows that the mass adoption in bitcoin is constantly increasing and maybe soon, more country will do that.

More country will allow their society to use cryptocurrency but they will make the transaction fees very high. In our country, it is hard to access bitcoin wallets because it is not completely allowed by the government. Most especially thay they are not that knowledgeable about the impact of cryptocurrency in our economy.

People are always wondering how will it become implemented in our society to use crypto freely.

I never knew it too ;D

It still hard to find bitcoin ATM here, but I heard that ATM available in other cities, which is far away from my home. I don't want to go to that city just to try the ATM because that will cost me big money to visit in that city.

But if in my city, one or more bitcoin ATM installed, perhaps, I will go to that place and try the ATM because that can give me experience in using the Bitcoin ATM. I am sure that if bitcoin get more popular than now, we will see many bitcoin ATM will be installed in many country and city so people who have bitcoin can try to use that ATM.

It is a great news more and more country are accepting and adopting it.
It would be great to see more of Bitcoin ATM in the future and be like a normal ATM.
Just imagine how easy it would be for us crypto earners to convert our BTC into Fiat with those ATM.

I heard about this. Don't worry, I just have this thought that once everything is settled, you all will be glad cause it will come out positively.

One of the fastest-growing transactions today is with the use cryptocurrency, and most of the people are using now the bitcoin for transaction payment. That was good to hear that your country now is accepting the use of cryptocurrency because it is not less hassle to the people who have a lot of coins, and they want to pull it out and convert into fiat without doing too much transaction that lessens the money of the people. For now only few countries are accepting the use of it because most of them does not support the use of crypto because the market of it are volatile and also it is not accepted for holding too much number of users and security and still they need to implement a law to make a transaction limited to avoid having market problem.

Hopefully you'll get a good news.
But in general I think that in general policies and attitude towards Bitcoin and cryptocurrencies in whole are getting more flexible. Governments are their authorities have soften their view towards Bitcoin, especially those in western hemisphere and I hope that many countries would follow such example.
Bitcoin and cryptocurrencies in general can't be avoided anymore, the question is only how they will be integrated.

I live in Indonesia. Although not entirely bitcoin has the right to use here, at least Bitcoin can already be used as a combination that is very beneficial for the big businesses my company. In fact, I already have some projects that are in the same in Blockhain technology. And they are also projects that are quite superior in the outside and in the state. Bitcoin is only not allowed when we make transactions in cash. However, Bitcoin was passed as a futures investment in Indonesia.

Why is the machine in a secluded area? i think it would have been better to be in an open environment where as many people can see it, wherever that machine is in Nigeria, i doubt many people can see or take a note of it, anyways i never thought there would be a btc ATM in Nigeria at all, at least that should count for something, i guess this will make the few people who would come in contact with this machine curious and want to know more, so yeah, it is another step of spreading the btc awareness.

Back in the days when crypto markets were going up like crazy seminars were held constantly in my city and country. Now you rarely see one, but I might just look to find some sponsors and organise some meet-ups. Thanks for the inspiration!

P.S. ATMs are multiplying in my city as well, especially in malls. ;)

Opening only ONE Bitcoin ATM doesn't mean mass adoption.It doesn't mean anything,if you ask me.
Congrats on the ATM,but I don't think this news deserves much attention.
Anyway,It would be nice if there's more info about bitcoin posted somewhere around the location,where the ATM is installed.It's free local advertising of Bitcoin after all.I hope that more people in Nigeria would start using Bitcoin.

I'm not gonna use Bitcoin ATM's tbh. I can always opt to use direct transfer to my bank or instant cash out through remittances using the local custodial wallet.
Bitcoin ATM's withdrawal/purchase fees are quite high compared to the local wallet's cash in/cash out options.
Though, these ATM's can help Bitcoin adoption, but I don't think it could be used by a lot of people.

if its Ok can you share some thoughts about that Shady Businesses?because we are in right computer age now i think everything in Internet knows good and bad about businesses here so how come that Bitcoin become in shady part?and besides it is your call to let your people know about the good things about bitcoin and not just the negative things.
RBI issue has been there for long time,yet Indian cryptonians still struggling to be accepted by the government.and yeah hopefully soon you'll find the Good results.

Even several governments might find their own benefits from cryptocurrencies. There was time when bitcoins were not been used legally and most of the people who were been linked with bitcoins were been treated as criminals but times have changed now. People who are linked with cryptocurrency transactions might also work for the betterment of the firm and this might even benefit the governments.

Moreover, large scale projects have started paying tax even though they run on blockchain networks so the government can keep a track on those funds. This is changing a lot of things and I am sure that various governments would start regulating bitcoins by making some minor changes into the network.

That's pretty good progress. The existence of a bitcoin ATM means as a form of the many levels of transactions and requests, so it is placed in your country.
Well, the latest development in my country is that Bitcoin is recognized as a trading commodity, some well-known exchanges here are starting to register with official institutions that regulate trade. This is good progress, I think because it proves that bitcoin and other cryptocurrency are not entirely dangerous because the government also gives official permission for exchanges operating here.

I'm glad to see that bitcoin is now slowly getting be adopted by many countries. All the people who are tireless in explaining the concept of bitcoin to other  non-crypto people, their efforts are now being paid off. In case of our country, they know about this cryptocurrency thing but they don't care and they just keep telling their citizens to be careful in using cryptocurrency.

The news about the Bitcoin ATM is not new in the news. There will be huge advantages of bitcoin when that news popped up in nowhere. But I think its not the thing. Bitcoin will surely be adopted globally, its only waiting for a great catalyst for it to explode in an instant. There's so many fundamentals that we should look at. Like ETH blockchain 2.0 . And other leading crypto currency like XRP.
Including the natural news coming, like corona virus spread. Overall, Bitcoin will hit its dynamic price we only don't know when, and we still waiting for that the fact that theres so many people trying to predict its coming price that cause people to believe and make them buy in that causes sudden pump on the market.
And most of us are waiting for bitcoin halving, thus it attract investor in? We'll see.

It is just the beggining maybe we cannot literally say that it was an adoption, if more and more people become aware about bitcoin they will probably try to buy some of it and maybe share the news with their friends or in social media. In this case we can generate mass adoption and finally if more and more people buy bitcoins to the price of bitcoin will go up.

I wish it was the same for me. Streams to purchase bitcoin are limited/expensive, and regulation is very unclear on how its taxed etc
The very vague way in which its mentioned from time to time in parliament and misconceptions which aren't challenged mean that many do not wish to put in the time to research bitcoin and cryptocurrency in general

In our country, Bitcoin is already legalized and for years I don't see any development to it.

Scams all over the country are not uncommon and to be honest, even common lines of scammers are still effective here. That is the reason why a lot of people do not want to use or even invest in cryptocurrencies.

now the name of cryptocurrency is bad because I see many who have misused cryptocurrency for bad actions so people are also very difficult to accept cryptocurrency anymore, cryptocurrency should be able to have a good reputation so it will be very easy to make the legality of its use and some countries do transactions using cryptocurrency.

In my country, the government is showing no interest for cryptocurrencies which makes the people feel like bitcoins are just a bubble and not actually a source for investment. There were some random news on some official new channels asking people to stay away from investing into digital assets like bitcoins or anything like this. This might always be demotivating several people who would like to start their career with bitcoins but the country does not support them.

Individually, I have tried to educate most of my friends and family members about bitcoins and some have started getting deeper into the field but yet there are some who would only follow what the government says and would stay away from investing into such assets.

The information about bitcoin is spreading all around the world as time passes by it is reaching every person who is using social media where almost all of the promotion is being held there since there are actually lots of users in social media as of now. In my country, using cryptocurrency is not illegal nor legal, so we are free to use bitcoin on our own. We can also really convert our own bitcoin into fiat into some online banks who are accepting bitcoin without any taxes to pay.
For me, bitcoin ATM is not that really relevant because of why we should promote ATMs if we can really access bitcoin using our phones with the internet also. Everywhere you are, you can really access cryptocurrency, maybe they are thinking that it is very convinient when they buy bitcoin with that ATM but it is less hassle when you buy online using your device while you are at home or wherever you are.

hopefully, one day we shall have bitcoin atm also in my country. The adoption of blockchain technology is growing increasingly in my country and Africa at large but I have not heard anybody or see where you can make a withdrawal with the atm bitcoin machine. All we do is to exchange the bitcoin into local currencies through local exchangers and withdraw it through atm or bank transfer. Although other services such as airtime purchase and power bill payment are being done using crypto

That’s really good and from what I can see that’s the only bitcoin ATM in that country. Imagine that people come across it and ask what it is all about and whether it’s the normal ATM and then they are being told its not, but is a bitcoin ATM.

Even those that don’t know about bitcoin would be interested in knowing what it is. It is very good, though that doesn’t show that there is any adoption. The ATM is owned by blockstale, a retailer exchanger for bitcoin in that country. It’s just a way to make their retailing easier but doesn’t mean that it is going to increase the adoption for bitcoin in that country. It’s a really good thing though.

The reputation of bitcoin was ruined because of people who take advantage of the opportunity to deceive and exploit other people's funds. It negatively affects their perspective on bitcoin because they are finally aware how risky it is to invest on a cryptocurrency, especially nowadays that scammers are consistently looking for a chance to trick people who doesn't have enough understanding on securing their funds. People are doubting bitcoins capabilities because of lack of knowledge, they just let the news be a foundation of their decision. We can't literally take that feeling away from people because they are just afraid to lose their funds for nothing. I just hope that despite of that they will still try to see the good on bitcoin because it isn't a problem, the people is. Anyway, the adoption in my country is improving because stores starts on using it as a payment method and people are becoming more aware that a digital currency like bitcoin existed.

I think that is because bitcoin price is down deeper now than in that year so people will not invest their money in bitcoin for a while. Maybe many people get stuck at a higher price in that year, so they are regret to buy in that year because they think that the price in that year will still increase higher. I think if bitcoin price can grow at least hit $15k, people will come back to bitcoin and invest their money in bitcoin but I am not sure if in that time will be a good time to invest in bitcoin.

Lol, it is actually the beginning. However, it is adoption. You can't find a bitcoin ATM in a country that isn't adopting bitcoin. I don't know if you're getting my point. Also, this is just the beginning; there's more to happen.

Woah! This is pretty bad. I mean, this is more serious than I was thinking. And with the case that their lines are still effectively remembered there, there will be a very slow rate of adoption. Well, for the first time I don't have an idea to counter an issue.

In my native country since it is democratic , people won a hard fought war against the government , now bitcoins is not legal but the government cannot ban it , for now .
People are very active considering how they are putting up new ICO's online and new platforms are emerging.

The country where am living in right now just made bitcoins legal , this is amazing considering how now people will find projects concerned with bitcoins since they are not that enthusiastic about it I would say.
The majority doesn't even care about Bitcoin but am sure the remaining population is gonna work its way in . Hopefully we soon have some ATM's coming up and conferences here .

I'm so glad that your country has an bitcoin ATM machine that you easily convert your money into bitcoin. Yes, your country is trying to support bitcoin in that way and it's really appreciate to all bitcoin users. Here in the Philippines doesn't have a bitcoin ATM machine just like your country but there's a way to convert our currency into bitcoin by just cash in our currency into stores that supports e-wallet and after that if we want to convert our currency into bitcoin, but before we successfully converted, it added some taxes or a transfer rate fee. So that it is an expensive for us to convert our currency into bitcoin.

I'm glad to hear that there are countries continually being more engaged to Bitcoin now than before. In our country, there are numerous cryptocurrency enthusiats, regardless of age, gender and ethnicity. Through the years, the numbers of Bitcoin users have been multiplied yet, none of these posted major adoption here in the forum such as ATM machines and physical stores accepting cryptocurrency has been witnessed in our country. In my opinion, the legality of cryptocurrency is the main hindrance as to why no one would to dare to let out into action their enthusiasm in making a move to raise awareness and adoption in the community for the reason of being charged for legal grounds.

It's hard to adapt something that is not known especially when you live on a third world country, although we are not poor but the technological advancement here is little in progress, and the cabinet members of our government consists of old people and has a little knowledge about cryptocurrency but there are some huge celebrities here that uses crypto like manny pacquiao and many more, so i think it might take a while for crypto to be recognize here in the philippines and to be adapted by my country.

The same also happened in our country, even if the government is not yet fully open to crypto currencies but still XRP team was able to convince one of our banks to launch a crypto ATM in our country.

As what I heard so far, there are already crypto ATM's that are present in our capital and I am very impressed how crypto currencies are spreading that much. I also got excited about it and I am inspired to earn more profit in crypto currencies from now on by using my skills, knowledge and my effort.

less precise if you say this is adopted but it is more appropriate to accept bitcoin as an alternative payment but not replace the applicable currency and not make transactions using bitcoin.
Bitcoin ATM lol, I prefer to call that machine Instant Exchange Automated Machine
it functions very much like an instant exchange machine

Great to see that good development in Xrp side since there are more chance for the other top alt's to be listed on crypto ATM machines, but I don't know if there's a crypto ATM available on our country but the good thing is our local cryptowallet provide already accept XRP and BCH for deposits and withdrawal.



Any name will be ok regarding on that matter but what important is the functionality if it runs smooth then it will be ok and fine for us.

this is the problem if the country who adopted Bitcoin is not ready yet,i mean only the  knowledgeable people will benefit from this like what happening now in your country.

this is also why i think we should not rush Bitcoin and Cryptocurrency to be accepted of legalized,for me?we must let people learn what is this first before the adoptation of each country because only Bad Impression will come each time like this one.

people are not really aware in what can this be?how can affect their life and how can they be a Victim if they have no deeper idea of the uses of Bitcoin and crypto.

I think that average people needs help to understand btc potential and how to use it practically.
I have one very good example in my country.
Many young tourists asked apartment owners if they can pay in btc.
Finally,  one local company developed application which allows tourists to pay in btc,  app echange btc to local currency and apartment owners receive payment for their service  in local currency.
It's good way how to promote btc in public 

It is true that until now there are still so many country who are not adopting cryptocurrency or bitcoin and their citizens wants to adopt it but their country doesn't like. It would be pretty hard to adopt something that you doesn't have any support from someone.
Let's be honest to everyone that cryptocurrency is really a risk to invest on, but how about those people that wants to risk their money in order to gain more than enough money that they can have? This pretty disgusting if your own country doesn't want that. Lets educate other people in our own way on how we will be adopted bitcoin in our lives and hearts.

That's a good thing if that's the case.  More countries are recognizing blockchain technology nowadays. Bitcoin and other cryptos are now being widely used in heakthcare services as well as other online services. Despite of the fact that there are still countries wherein blockchain technology is not yet accepted as an official currency due to issues present, development is carrying adaptation of cryptos to many countries.
indeed true but since some countries have already adapted such currency system, it won't be surprising to know that other places would be influenced by those places in which it is widely being used especially if there are no issues being faced by those countries with regards to crypto adaptation. Chances ade high that as technology evolves, such currency system would be recognized by more countries.

That's a good thing that we need to appreciate somehow. Here in my country, we don't have any bitcoin ATM's yet but the tolerance is way more better compared to other country. There once a time where cryptocurrencies were thought to be scam wherein news everywhere are saying the same thing. I was mad at that moment cause I know that they are only saying those things because they are against bitcoin and other altcoins. Good thing is that after few months, things have gone well and all is back to normal when it comes to crypto.

Thank you for sharing your enthusiasm!
It's nice to see users buying BTCitcoin at ATM with their local currency.
It is comfort, simplicity so that any user can buy bitcoin.

Bitcoin and the entire cryptocurrency family is not the future is our present. We are taking small steps for adoption and I applaud your initiative to do seminars to help people get to know Bitcoin.

In my country there is only one ATM there is a lot of work to do to let people know about Bitcoin its advantages and the impetus of a new economy.

I don’t really think that can raise the adoption of cryptocurrency in that country, I have been there before and I have some friends that I used to hang out with there. I have been able to discuss this topic of Bitcoin with them and from what I have seen a lot of them are avoiding Bitcoin because it is volatile and because they are afraid that they can lose their money.

Only the very rich people are investing in it, and they are not much that are into it. Check this – an average salary earner there is making 40k to 50k naira ($130) in a month, and sometimes that money is not enough for them to sort out their problems. So they are afraid that they might lose it. From what I have learnt, they prefer investments that are less risky I guess.

Actually, Bitcoin ATM is everywhere especially in Europe, I have seen it in Paris lately and that is really good. Plus, there is a good progress in  Bitcoin's users or community even in Africa. They are noticing the important of cryptocurrencies in our lives, every user now can easily gets  a financial income through Bitcoin and even other cryptocurrencies especially in trading domain, there are a lot of facilities for achieving that, especially when you have an acceptable knowledge.

IMO, ATM is the first step so take a better look if your country is really adapting the use of bitcoin. Even here in our capital, there's a Bitcoin ATM but none of them use it.

If you see that most of the platforms in your country, even stores accept bitcoin as payment, we can say that bitcoin is really adapted by your country.
In my country, I can't still say we already adapted bitcoin since we only have one platform that serves as a local wallet which is coins.ph.

Well, if people know what are the fees on ATMs if they did their transactions there then they already know that it is costly to use it rather than buying from an exchanges. Somehow ATM is the best way to make people notice about of this new technology to them, a cryptocurrency technology. People are always curious so they will tend to find/ask someone about of what is Bitcoin.

Are you also interested in using the bitcoin ATM?

Although I have never seen it directly, I assume that the presence of a bitcoin ATM is a realization of the high use and transactions using bitcoin in the country. So as to support that effectiveness, a bitcoin ATM is provided. It also shows that the adoption of bitcoin is more widespread.

As the day continues and progress I've been seeing a lot of ATM machines related posts in the forum making me think how far we have reach through innovation that we have been dealing with sine 2009 that boomed at 2017. And at that year is the real game changer for cryptocurrency is, Imagine if we did not reach ATH at $20K price, we could've not had any companies that recognized bitcoin or any crypto at all. During this pandemic, even the bitcoin price is lower than we have expected about months ago, the adoption increases in so many ways and it makes me glad.

If this 'Bitcoin ATM' is a real thing or existed, then I think everyone feels so pleased. This is one of the first step through the Bitcoin innovation, creating automated machine has a good impact to all crypto enthusiast and other people who really works and believe that Bitcoin adaptation is quite possible as a worldwide currency. This is a great start for everyone who's work hardly in crypto world.

We are living in the future and for the future and not living in the stone age. Sooner or later Bitcoin will be used by most people even if there are no large companies that will use it now and those large companies will be forced to use this technology because most people are using it at that time. For me, there is no connection about hitting the ATH or not hitting it because Crypto Currency is meant to be used by people in this technologically growing world.

I'm happy to see the development of bitcoin around the world, because more and more countries are adopting bitcoin. Even though
my country has adopted bitcoin, but in my country there hasn't been a single bitcoin ATM machine. I really hope the government can
provide soon bitcoin ATM machine. Unfortunately, the government in my country hasn't legalized bitcoin as payment, so I can't use
bitcoin yet as currency.

In my country, there are apps that support cryptocurrency but the process is to convert it back to our currency, the ATM here does not accept direct crypto transactions but they support the app in turn. The only problem that I sometimes see is that sometimes the ATM does not have 24/7 cardless transaction support. I really love that there will be an ATM that will appear in my country just like yours because there are more steps needed to get the cash in my country, I do not disagree with that because it helps prevent fraud. I hope that my country will embrace the emergence of crypto and innovate because people will surely benefit this thing.

I think most merchants are doing the conversion of crypto or bitcoin to the local fiat before you can pay for your bills, game credits, load, or anything. And that is also happening in my local cryptoexchange. You can pay in a lot of merchants but you need to exchange it first to their current rate of crypto to fiat, then you can use that to pay your bills, etc. I think that's fair enough because the basis is still the local fiat. Here in my country, we have several Bitcoin ATMs already but never had the chance to cash out thru these machines, because of the proximity from my place. They are still far from where I am staying so not convenient for me. If it is near, I might have tried it already as I am curious how this bitcoin ATM works.

I'm happy to know about this good development.

In my country, cryptocurrency is only recognized as a trading commodity. That is more than enough for me because I can take advantage of this opportunity to trade cryptocurrency legally. One of the largest local exchanges in my country is officially registered in the ministry of trade. This reinforces that legal cryptocurrency as a trading commodity. In addition, many local blockchain-based projects are quite successful, this is a good sign that the adoption of blockchain and cryptocurrency is increasing.

This might not be a sign of adoption, but it is a very good move by Nigerians. Imagine that a lot of people come across the Bitcoin ATM, they are probably going to ask about it just like you have said. And it’s not just that, the news will be trending, which I am very sure that it is already, because I have already seen someone mention this here in this forum and I have also seen it on Google news that an ATM was launched by an exchange in Nigeria.

When the news continues to trend like this, a lot of people who are not yet into Bitcoin will come across it and will be interested in know what Bitcoin is all about. By the time they some research about it, they will likely become part of it. And if they used Google in searching about it, it will be a personalized topic for them and will always show up on their Google News if that’s what they use.

I remember that even before i enter Crypto ,our country has already ATM machine but until now the progress of this marke
t is still not that High and adoption still in process not like other countries that
now open their door for Bitcoin.I am not
saying that this is a Bad implication because there are many countrymen that i
come to Meet who has already Know bitcoin
what i am saying here is Don't expect too much mate because time will tell when adoption will finally come to our country.

Hello everybody. I really envy countries that have such machines for buying bitcoin. Impressive! In my country, bitcoin is also becoming increasingly popular. I can only judge by the fact that about five years ago my friends laughed at my hobby - now they ask and consult a lot. But it’s too early to talk about some kind of introduction into state institutions. After all, blockchain cannot be bribed or stolen. The people are sitting on self-isolation - and this has to be studied additional sources of income. After all, the supreme power is very fond of talking about helping ordinary people in my country, but in reality, the people survive as best they can.

Good to know that your country is in the process of adapting bitcoin and they are starting to offer bitcoin ATM machine which is good as you can easily withdraw your money safely. In our country, bitcoin is not yet legal at the same time it is not also illegal meaning we were given the freedom to use bitcoin or crypto currency as we like as long as you are not doing an illegal actions.

There are bitcoin ATM machines also in our country but it is located in the main City where it is very far from where I live so if I can visit our main City, I would love to try to use it and I am very excited to do it.

You are lucky enough to have bitcoin ATM machines at your country which means that bitcoin is considered legal in your country.  I always wished to use those ATM but unfortunately we don't have them yet in our country. I hope other countries of the world will also quickly adopt bitcoin and crypto currencies quickly if they want to survive and progress quickly, they have to adopt block chain and crypto.

They already adopt the use of the bitcoin and also they make the easiest way how does the people can withdraw their funds. Most of the country today already accept the use of the bitcoin even in payments which is faster and secured so they don't need to verify if the transactions are real some of the people today avoid the use of the physical money because it is coming from different people and cause of spreading of the virus. @OP it is good that your country already accepted the bitcoin and make an ATM because we all know that the bitcoin transactions today does not handle by the government at the same time there is not tax came from the transaction but it had a transaction fee ( we cannot escape this because we are using there services ) but still we make sure that the funds are easier to withdraw and this kind of action is convenient too, you do not need to convert your coins, trade and lose your money because of emergency pulling out your funds.

BTCitcoin ATMs are a symbol of progressive adoption. Because there is a strategy in place that will allow adding more users so that they can learn the uses and benefits of cryptocurrency.
I agree that the correct path to bitcoin adoption is education. On the internet there is a good content of articles related to Bitcoin, wallet, security, and exchanges to start.

If you ask me how I learned about Bitcoin and how I manage my local currency and cryptocurrencies all together. I confess that I learned on my own what in practice shows that learning is easy only people need the desire to undertake the journey.

The mass adoption is increasing day by day the people turning in crypto investments rather than preferring banks, also in many countries they are lifting the ban on crypto currency is the biggest success.

And slowly the crypto ATMs are placed in most of countries which means the requirement is expanding, guys till 2025 people will be crazy on crypto currency for sure just wait and see the growth.

Why people are so happy about btc atms? They have incredible fees usually