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Bitcoin => Press => Topic started by: LiteCoinGuy on July 20, 2014, 07:03:26 PM



Title: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: LiteCoinGuy on July 20, 2014, 07:03:26 PM
BitXatm to Launch 1,000 Bitcoin ATMs in US

http://www.coindesk.com/bitxatm-1000-bitcoin-atm-us/


Title: Re: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: Skeksis on July 20, 2014, 07:19:51 PM
Wow that's a lot. At first I assumed it wouldnt actually be bitcoin specific atms and them just tweaking the software or current fiat atms.


Title: Re: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: Chef Ramsay on July 20, 2014, 09:25:37 PM
It's almost like all these BTC related companies, exchanges, funds and the like are coordinated somehow to make everything available to the masses on some sort of timeline that is likely to drive the next moonshot. It's hard not to see a perfect storm being  created and unveiled before our very eyes. People on the outside going about their daily lives have very little idea of what's coming.


Title: Re: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: Ron~Popeil on July 20, 2014, 10:11:10 PM
It's almost like all these BTC related companies, exchanges, funds and the like are coordinated somehow to make everything available to the masses on some sort of timeline that is likely to drive the next moonshot. It's hard not to see a perfect storm being  created and unveiled before our very eyes. People on the outside going about their daily lives have very little idea of what's coming.

Yes, it seems like each week some new large business jumps in. The ATMs make it easy to get bit coin for every day use. We just need some major brick and mortar businesses to jump in now.


Title: Re: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: cryptofan5 on July 21, 2014, 03:37:33 AM
BitXatm to Launch 1,000 Bitcoin ATMs in US

http://www.coindesk.com/bitxatm-1000-bitcoin-atm-us/

This is huge, but do people really need 1000 atm there now?


Title: Re: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: LiteCoinGuy on July 21, 2014, 07:02:22 AM
Not now but as someone said before, for the next storm ;-)


Title: Re: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: ThomasCrowne on July 21, 2014, 08:05:24 AM
It also appears as though they will be capable of supporting alternate blockchains.  All kinds of potential liability risk imho for most alt's but there are a few worth considering I suppose.


Title: Re: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: Kprawn on July 21, 2014, 08:30:31 AM
The thing is, you cannot use bitcoins, if you cannot obtain them. So ATMs are the frontline in getting people to adopt it.

They would have done their market research before they decided to rollout such a large amount of ATM's in that specific area. {Well I hope for their sake, they did}

The biggest stumbling block, would be if these ATMs fail on delivering a "easy to use" concept, like some of the earlier versions of some other models. {They were over regulated and complex devices, that needed loads of inputs, from drivers license to blood group *joke before they gave you any bitcoin}

First time users of bitcoins or Alt coins, should insert fiat and get bitcoins or deposit debit or credit card and get bitcoins. {No jumping through 20 hoops, before you seeing any bitcoins} First impressions is a lasting impression ....... 


Title: Re: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: bryant.coleman on July 21, 2014, 05:15:21 PM
First let them install a dozen of them and then we can talk about this. I have heard at least half-a-dozen announcements like this before. One example is here:

http://www.bitcoinlayman.com/dubai-launch-400-bitcoin-atms-2-weeks/

Forget two weeks, already more than four months have passed and still there is no sign of any ATM there.  >:(


Title: Re: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: LiteCoinGuy on July 21, 2014, 08:29:03 PM
yeah thats true. lets wait and see but the atms look like this:

http://i.kinja-img.com/gawker-media/image/upload/s--vSAtLTcX--/c_fit,fl_progressive,q_80,w_636/z9ycrbgj3gvhbtfiohyb.png


Title: Re: [2014-07-20] CD: BitXatm to Launch 1,000 Bitcoin ATMs in US
Post by: nwfella on July 22, 2014, 12:51:16 AM
Now that's just sexy.  And it has multi-currency support to boot!