2043Kiosk (OP)
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May 29, 2015, 04:32:18 AM |
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New Bitcoin ATM in the Baltimore area!http://i60.tinypic.com/2daygdt.jpgLocated inside "The Mail Stop" packaging and shipping center. Address: 2043 East Joppa Road Baltimore, MD 21234 Hours: Mon - Fri, 9AM - 7PM Sat, 10AM - 3PM Closed Sun Cash to Bitcoin, Price over Bitstamp, 7% Customers may purchase up to $1,000.00 per day with only SMS verification. (Type phone number into machine, confirm code sent to your phone via text) Further verifications are required for purchases in excess of $1,000.00 per day. Questions? Post them here!
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Jeremycoin
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𝓗𝓞𝓓𝓛
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May 29, 2015, 10:58:07 AM |
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7% that kind of high fee, what about from Bitcoin to cash? how much is the fee?
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faucet used to be profitable |
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WhatTheGox
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May 29, 2015, 11:35:44 AM |
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New Bitcoin ATM in the Baltimore area! Located inside "The Mail Stop" packaging and shipping center. Address: 2043 East Joppa Road Baltimore, MD 21234 Hours: Mon - Fri, 9AM - 7PM Sat, 10AM - 3PM Closed Sun Cash to Bitcoin, Price over Bitstamp, 7% Customers may purchase up to $1,000.00 per day with only SMS verification. (Type phone number into machine, confirm code sent to your phone via text) Further verifications are required for purchases in excess of $1,000.00 per day. Questions? Post them here! My god can you imagine that trying to cope if we have another bubble, $1000 per day? we'd see a queue 100 meters long each day with half of it being the same people lol. We need them gift card things you can buy in supermarkets with no verification that way people can just stock up tons.  |
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NorrisK
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Activity: 1946
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May 29, 2015, 11:40:36 AM |
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7% that kind of high fee, what about from Bitcoin to cash? how much is the fee?
It is not to bad actually. They have to recover the investment, which is not really a fast progress with current bitcoin use. Anyone has numbers on how much bitcoin atm s are used? |
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TeamDisaster
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May 29, 2015, 11:42:11 AM |
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I've never seen one of these machines here in the UK - are they getting fairly common in the States?
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Amph
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May 29, 2015, 12:08:40 PM |
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those things don't look cool enough, too bulky and probably slow too, on average what is the time for buying bitcoin?
i remember they showed in the usa(i think?) a small version
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Jamie_Boulder
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May 29, 2015, 12:17:47 PM |
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7% that kind of high fee, what about from Bitcoin to cash? how much is the fee?
Agreed, transaction and purchase fees such as this discourage the use of BTC and ruin the point to some degree. |
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RustyNomad
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May 29, 2015, 12:37:25 PM |
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Agree, why should I change my fiat to btc if I'm going to lose 7% in purchasing value?
Most of your average Joe's will in future make use of ATM's and the like to get their bitcoin as not all will register on exchanges to buy their coins. With premiums like these it will just discourage more people to even try it out.
I mean what's the use. A retailer might offer you say a 5% discount on bitcoin payments to encourage its use but you then have the problem of it costing you about 7% to get the bitcoin.
End result - no incentive to even try it out.
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LFC_Bitcoin
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Activity: 3528
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#1 VIP Crypto Casino
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May 29, 2015, 02:40:07 PM |
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Hey every little helps man, exposure to average joe is key. I've never used a bitcoin ATM & I buy online & HODL. Just incase anybody is interested CoinDesk have a worldwide bitcoin ATM map, I'd imagine it's updated fairly regilarly as CoinDesk is a respected source of info in the world of bitcoin. Here's the link any way - http://www.coindesk.com/bitcoin-atm-map/ |
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manselr
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Merit: 1004
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May 29, 2015, 04:01:09 PM |
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7% that kind of high fee, what about from Bitcoin to cash? how much is the fee?
Agreed, transaction and purchase fees such as this discourage the use of BTC and ruin the point to some degree. No one will use that im afraid unless they purposely want to support he ATMs. Why pay 7% when you can pay a lot less in online exchanges? Imo they should do periods of 0% commission to promote the ATMs. |
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Jeremycoin
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Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
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May 29, 2015, 04:09:35 PM |
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7% that kind of high fee, what about from Bitcoin to cash? how much is the fee?
Agreed, transaction and purchase fees such as this discourage the use of BTC and ruin the point to some degree. No one will use that im afraid unless they purposely want to support he ATMs. Why pay 7% when you can pay a lot less in online exchanges? Imo they should do periods of 0% commission to promote the ATMs. Or they can do this, more big the transaction value it means more low the fees. That will make people prevent the small transaction and the owner of the ATM can earn fees from big transaction  666 |
faucet used to be profitable |
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