✨✨Such a great question! ✨✨ ; I like what this guy said :
Currently ATM's have a very big market, the idea of buying coins through peer to peer exchanges are less tempting mainly due to the gigantic amount of fraud linked to it, and the risk of getting a fraudulent payment and suffering from it. But on ATM's the transactions are easier and better to use overall and don't require ID's and verification like exchanges and much quicker.
✨I agree!✨ Here are my thoughts . No, it isn't really a need. It is however a solution to one problem that Bitcoin users face, and that is, trust. Peer to peer transactions are not different than a transaction handled at an ATM except the ATM is holding the wallet of the peer the ATM user is transacting with. The reason the ATM is more trusted than "some guy" is purely because it is a machine, attached to the blockchain, and has all the familiar features we are accustomed to like buttons, receipts, and a toll free phone number to call if an error occurs etc.
The fee that is placed on top of the actual value when purchasing from an ATM is often a painfully out of proportion amount. Also to withdraw cash from the machine will yield a disappointing, below market result. Yesterday at a popular Bitcoin ATM machine the current VALUE of btc was 2848.00 but the ATM charged 3200 per coin to purchase. OUCH! Then if you wanted to get cash, you "sell" your coins to the machine and it was paying $2340 per coin. More ouch!
Even with enormous and almost predatory fee gouges don't slow the stream of people who use it. They are consistently busy at that ATM every day. People feel they can trust the familiar box the buttons the receipts ... but people suspect something sneaky out of other people.
Strange humans. Lol. We don't NEED ATM machines because our wallets will add any trade to the blockchain, as it happens and way cheaper and remember, some guy owns the machine. Not an insured bank. Just a guy or girl with or her coins to sell or buy. That's a fancy wallet. *My lifetime career plan includes a peer to peer solution to this ATM problem, more about that in another month. **
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It is frustrating that a 20 dollar transaction results in approximately 4.00 dollars after all the hands get their part of the goods. It makes it feel like the only transactions that are going to make sense for Bitcoin are the big ones. Otherwise too much slips away into frivolous fees.
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Shapeshift is annoyingly popular lately, and I am outraged by the way they treat matters of error. I empathize with the original poster because I too watched as over half of a tranasaction vanished, before my eyes. This was money that I converted through their service, through a third party, and they left absolutely nothing to explain the gap between transactions on either blockchain relative to the funds. (I converted Dash to Btc ). When I asked to see the blockchain details related to the "Magical shift" they only answer I was offered was a generic one. They didn't even try to investigate my issue even though I provide dash tx if and the btc tx id. Every fee and every portion of their shift is required to be a part of the blockchain for the coins they "shift" but they are not doing so. This may be one of the only instances where a entity could possibly swindle people who usually have a public access to the history of the transactions for their coins. It seems to me that when a company offers to be the middle man between multiple coins this presents a hard to trace opportunity for frivolous fees to morph into something more sinister. By that I mean.... who is to stop the middle man from keeping whatever he feels like keeping before passing the remaining amount to the other side? They required no confirmation from me to complete the transaction, no pop up stating the amount that would be expected on the other side of the deal, and no indication of why money disappeared into their wallets. No data at all on dash or btc chains. Isn't that crazy? They just shrugged me off saying fees are same for big and small shifts, and when I asked how they account for the fees, where do they record the data they ignored the inquiry.
I smell a new brand of opportunists, or worse.
Sorry they are doing it on such a big amount (to the op).
I am tempted to rename them "SHITshifter"
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Hey there Diva, I just want to state, for the record, in front of the opinionated crowd of onlookers, that I think you ARE quite beautiful, and while I am definitely not as daring as you, I think you are a pretty bold woman. Plus, you found a creative way to entertain the same old instincts. These are the instincts that have been the driving force behind every action of (almost) every human, since humans came to be.
I think it is gutsy, but not glamorous. Your future could be much brighter with sales skills and you clearly have some new ideas. Whatever floats your boat, girl!
Cheers!
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Hi Everyone! Thanks again for letting me take part in your campaign!!
Edward, I am going right now to add a thoughtful positive feedback to your profile, because you were great to work with. I hope you will do the same for me.
I edited this to say ---- >>> I am stating the risked btc as .0078 x4 btc which is .032 and I am using this thread as the reference link. Please do the same for me, it helps the trust rating to become a REAL postitive. THanks ! https://bitcointalk.org/index.php?topic=1908600.80
Talk soon, thanks again!
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How is your progress Everyone including original poster?
Update us? I am hoping you will say that you are making choices that will lead to your ultimate job paying you in btc. Good luck, it's possible!
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Usually when my heart is pounding and my throat gets tighter and I am quickly watching the balance disappear ... that is when I start to wonder how I got into this trance. I know that feeling but when you win it on a hard to get dice roll that's awesome.
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Let's try it ! If you can demonstrate and provide a tutorial you may have a HUGE winner here! Let me know if I can help you in any way along your way. Project time !
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It's clear that all bets are risky but I think sortable data in sports makes it likely to win based on habits and patterns of fathe predictable nature of humans and animals. Slots are just a shot in the dark. Good luck !
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I am curious about your results, I have been Looking for a perfect person to copy, and would like to partner up with a wise one. I would split profits if I was shown how to bet to win.
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They say every great man has a great woman in his mind. I don't know I have helped my husband spend toooo much sometimes! Perhaps lucky in life but on a dice game, I double his loss basically .
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I try to remain optimistic but the truth is anyone in general can h I try to remain optimistic but the harsh truth is anyone is capable of losing everything. Good luck and stay strong!
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I have noted previously that beginners luck is special and we all have experienced that phenomenal magic. I am now seeing that luck is real, it comes in streaks and it hits you when you are new or when you are very experienced .
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The hard part of making A casino is having the wallet with enough money to back up those jackpots. Anyone can do it with enough money, however it's a lot of just in case funds that most don't have.
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Honey I needed a new pair of shoes so I spent Your paycheck and now I have bet my shoes too. Wahh.
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Wow do you guys offer your services yet as a package? Picks for people who are clueless in sports but have money to play with. Thanks !
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Thanks for asking but I'm not sure exactly what you mean . You can get beta tester positions if you ask site admins sometimes ahead of their next project opening .
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*shaky hands
I can quit whenever I want I don't need it... why, do you know where i can score a free bonus? *shaky hands*
I am kidding, totally but yes I have to admit I LOVE to gamble and I am hooked on the thrill, but it is only a hobby.
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Profits are much better for me this month but still I am a hobby player and do it for fun! Party !
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