The Number of Bitcoin ATMs Hit 9,680 in September

[malevolent]

Quite interesting to see the changes that are taken, but I am always wondering there are people who are really making use of these cryptocurrency ATM's?

With ATMs that have high fees (usually due to high costs of compliance requirements), it's either people for whom it's a one-off thing, just trying out like you're saying, but I doubt their use could sustain these ATMs, or it could be people who don't mind the fees as they need to buy Bitcoin one way or another to e.g. buy something from a DNM. I have a hard time believing anyone normal would regularly buy or sell BTC through ATMs that have high fees.

[hulla]

Have once thought of joining the Bitcoin ATM business but when I calculated the expense of software license and the monthly updates fee etc is a no go area for me. Despite all the things i mentioned, the fees and the pandemic situations it wonderful to see the huge increase in the number of Bitcoin ATMs.

[shoreno]

Have once thought of joining the Bitcoin ATM business but when I calculated the expense of software license and the monthly updates fee etc is a no go area for me.

those fees is also the reason why theres an increase of illegal btc atm business . running a btc atm business is like running an online exchange , theres more to be done and it will be hard if you only operate it alone . why not find a business partner to help you on the maintenance cost and managing . setting btc atm on a place where btc is not yet popular can be risky because your business can fail but it can also be rewarding because you can be the first or you can be one of the few of the btc atm operators to operate too early .

[Reatim]

Does this give Big impact in market?because the way i see it nothing comes better for the prices having these tons of Bitcoin ATM's around the globe.

would this increase the users of Bitcoin or just favoring the same people who uses bitcoin already?

anyway This is a nice action though we can't feel this in my country who has only few machines until now.

[molsewid]

Does this give Big impact in market?because the way i see it nothing comes better for the prices having these tons of Bitcoin ATM's around the globe.

would this increase the users of Bitcoin or just favoring the same people who uses bitcoin already?

anyway This is a nice action though we can't feel this in my country who has only few machines until now.

Right now, the Bitcoin ATM's impact is not noticeable, or we can say it doesn't have a big hit in our market. However, it will affect the trust of the people who will see the ATM Machines. It would increase the users of bitcoin at some point, the people who doubt to use it before might use it now because they've seen the ATM Machines. And some people who noticed it might get interested in Bitcoin.