Greece's first Bitcoin ATM installed

[Darude Sandstorm]

That was a very smart move made by both the finishing end parties. It will be really helpful for the Greece citizens which are powered by the bitcoin currency. It will also be a nice way to show off how decentralised crypto currency is much better than the ordinary and how it is benefiting the society real time.

I don't think a bitcoin ATM will do most people in Greece any good because they can't even get more than 60 euros out a day I think. Maybe some will start putting that money into bitcoin but I still think doing that would be risky.

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[Herbert2020]

That was a very smart move made by both the finishing end parties. It will be really helpful for the Greece citizens which are powered by the bitcoin currency. It will also be a nice way to show off how decentralised crypto currency is much better than the ordinary and how it is benefiting the society real time.

yeah it was a nice move but it is not even remotely enough. people would need money to buy and since they don't have access to their money because of the banks it is going to be so hard for them.
besides one bitcoin ATM is not gonna solve anything

[LiteCoinGuy]

One more good news for bitcoin.  
But it looks like atm for bitcoin is not needed for now in Greece.  
Because Now Greece is experiencing economic crisis.  

Come on, What's good news about that?

Let's say Greek people bought tons of bitcoins, Then what? Price goes up, Chinese miners dumps lots of bitcoins & price gets even lower.

What will they do with those bitcoins? Will they eat "paper wallets" or "hard drives" that they hold bitcoins...

when you bought BTC and sold your Euro, you now have ACCESS TO YOUR MONEY. you can sent it to any place on the world. you can store it in different assets in different countries.

maybe BTC price goes up 10% , maybe down 10% - BUT you have access to your money! (and when you dont want volatily, use coinapult or something like that)

NOW your are  F U C K E D  if you live in greece with 50.000 Euro on your bank account. good luck with that when you can only withdraw 20 euro per day - LOL!

and soon there wont be 50.000 € - there will be 50.000 New Drachme...

[Lauda]

Come on, What's good news about that?

Let's say Greek people bought tons of bitcoins, Then what? Price goes up, Chinese miners dumps lots of bitcoins & price gets even lower.

What will they do with those bitcoins? Will they eat "paper wallets" or "hard drives" that they hold bitcoins...

People seriously need to educate themselves. There is never going to be a drop like we saw until now (probably). The price spike in $1200 was not real and even then you could have sold at a 50% loss 3 months later.
Nobody really knows what kind of effect this might have on the Euro or global economy, everyone is just speculating. Also if the Greeks go back to using Drachma, something like in Zimbabwe could happen.

Miners aren't your everyday Bitcoin user. They should know what they are doing and they aren't going to be dumping in huge sums.