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For people interested in this ICO you should see ours ( www.bitcoinatmproject.com) based in the United States (and we were the original Bitcoin ATM crowdfund/ICO - since we first launched early September they have been popping up everywhere!) |
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There is a big need for Bitcoin ATMs - they do currently exist but not enough. About 1600 worldwide, and 900 some in the United States. And out of these, barely any support additional crypto, or the ability to sell (they are mostly buy Bitcoin only) - and most have crazy high fees (10-25%). We already started a movement to change that ( https://www.coinspeaker.com/2017/10/24/bitcoin-atm-project-token-pre-sale-now-open/). Building them is a great idea, most companies today sell them for a lot, and if you added additional currency support you would be way ahead of the game. |
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187 Elite cards claimed so far, out of the first 500 purchases of 25 CCO or more. Most purchases have been made by credit card so far. Also to maintain SEC compliance and be able to sell to anyone (not just accredited investors like before) we have lowered our soft and hard caps, and the pricing rate is now in USD - during the Pre-Sale CryptoCoins are $0.75 each. Thanks for all the support!
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Thanks we are hoping for CryptoCoins to be a long term stable investment as well as our company expands until everyone in the United States has nearby access to a cryptoATM with a competitive fee! The revenue sharing model makes this project unique among others and allows participants worldwide to benefit in the success of a United States company. Plus you get paid out of whatever crypto was used for the transactions (may be mostly Bitcoin at first until other altcoins gain popularity at the ATMs) - and you'll be able to build a diverse portfolio of the most popular cryptocurrencies of the current time, simply by holding on to your CryptoCoins!
Someone mentioned placing machines in college campuses - we have alumni on our team from WVU in Morgantown, WV. as well as Cal U in California, PA (southwest PA) - and have already been in contact with the universities and they have both approved us in placing Bitcoin ATMs on campus if we wish, rent-free. The younger college town audience would be one of the ideal demographics to encourage into investing in Bitcoin and other crypto.
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Thanks for all the feedback everyone hopefully our project succeeds (placing ATMs across the United States - at least one in every county)
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Thanks everyone for all the work so far!
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What if they were in decent locations like say Wal-mart's across the country? Or on college campuses? To reach out to the general public to make Bitcoin more mainstream, but with fair enough fees people weren't getting ripped off and it was worth the convenience of being able to buy or sell instantly without waiting for an exchange or using human interaction?
I agree most people don't need Bitcoin instantly and the exchange fees will always be cheaper but what about the people out there who aren't so tech savvy, say older demographics who may be more inclined to trust a machine than have to figure out using a website?
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That's what we are trying to do is get more Bitcoin ATMs out there, and with low enough fees to make them attractive. For those of you that used machines, did you buy or sell? Did the machines have a sell option available? It seems like that's where the value would be, for people that already own crypto and maybe are traveling or just need fiat quickly - and with a low fee this could be reasonable.
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Have you ever used one? What were the fees and the experience like, and would you use one again? Is there one nearby where you live?
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Saw this thread was still active and wanted to let you know that there may be a future yet for Dogecoin. The Genesis model Bitcoin ATMs (from www.bitcoinatm.com) currently support Lite Coin and Dogecoin transactions alongside Bitcoin. There aren't many of these ATMs worldwide (Genesis was the manufacturer of about half of the existing cryptoATMs though) but we made a project to seek to change that. |
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Thanks for the support! Pre-sale underway - there are still Elite cards left for the first purchasers buying 25 or more CCO (only 0.0625 ETH). The Bitcoin ATMs and Debit Cards may be mainly for users in the United States (at the beginning at least) - but investors worldwide can be part of the revenue sharing and the success of the Company - for investing in any amount.
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Thank you for the translation - we got your Ether address from your form submission - CCO is sent at the end of the ICO period on December 1, 2017! Would you also like to translate our ANN thread ( https://bitcointalk.org/index.php?topic=2221228) and the text from our home page? ( www.bitcoinatmproject.com/home/) Question for the community - is our Bounty thread something that needs to be translated too? If so this will be added as a CCO paid task! |
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Pre-ICO starting soon - are you ready?
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Pre-ICO starting soon - are you ready?
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