Etehereum ATM (coming to your neighborhood soon?)

[Talmony]

Hi Guys,

I just got these links from the guys at PLX

Ethereum ATM is real now
http://blog.ether.camp/post/140752725123/ethereum-atm-is-real-now

Bitcoin ATM Hacked to Sell Ethereum
http://www.financemagnates.com/cryptocurrency/trading/bitcoin-atm-hacked-sell-ethereum-eth-market-cap-tops-900m/

What do you think this will do with ETH price in the coming weeks, months ?

[gentlemand]

They did nothing for Bitcoin. Why on Earth would they do anything for ETH?

[Talmony]

They did nothing for Bitcoin. Why on Earth would they do anything for ETH?

I think that's because of charging fees but if ETH and especially businesses jumping on this with smart contract etc and no - or lower fees - this could actually go somewhere.

[xhomerx10]

They did nothing for Bitcoin. Why on Earth would they do anything for ETH?

 Yeah the first time I used a bitcoin ATM was a bit of a let down.  I mean I was pumped and I videoed the affair but after I had to let the machine take a picture of my ID and give it my phone number, create an account, fund the account, buy the coins and finally withdraw the coins from the account.  I could have left the coins in the account but I needed the phone number (which was a throw away) to get a 2FA pin in order to withdraw... it was only slightly less cumbersome than opening a bank account.

[Minecache]

They did nothing for Bitcoin. Why on Earth would they do anything for ETH?

 Yeah the first time I used a bitcoin ATM was a bit of a let down.  I mean I was pumped and I videoed the affair but after I had to let the machine take a picture of my ID and give it my phone number, create an account, fund the account, buy the coins and finally withdraw the coins from the account.  I could have left the coins in the account but I needed the phone number (which was a throw away) to get a 2FA pin in order to withdraw... it was only slightly less cumbersome than opening a bank account.

Yeah they really need to make it more user friendly.