Used a Bitcoin ATM in a gas station today

[TTMNewsK]

That's awesome!
But in our country, most of the people were not much aware about the existence of bitcoin. There's no more news about bitcoin and they don't know what it is.
So for now, I'm just hoping that our country will accept the bitcoin in the near future.

[zcashcoins]

very nice, I've heard that it has a BTC ATM in Serbia and that it's located somewhere in Belgrade in some hotel. Did that ATm take any fee and how much was it?

This just shows us that bitcoin is growing bigger every day and I hope that it will spread here a little faster that before. Smiley

[MingLee]

That's actually pretty cool to be honest, its kind of a shame that you were the first person to use it.

Was this a franchise or private station? That might have something to do with why they were able to get one into that place for starters.

[BitcoinBarrel]

The people at the gas station didn't seem to know much about it, so I'm guessing they were approached by a company for a share of the profits. There is another gas station across the street that has had a Bitcoin ATM for longer, so I'm thinking they put one there with a lower fee to steal some business from the competition.

[veleten]

there are plans to open at least two bitcoin ATM by Bitfury in Georgia
you can read more about it here: https://bitcointalk.org/index.php?topic=1667889
there are many bitcoin ATMs and merchants in Brasil as well,seems like we are about to witness the bitcoin ATM revolution next 2-3 years

[chixka000]

Good to see it, btw in what country was that located. Well anyways i don't have to worry about finding an atm in our place because i could also buy some in a convenient store but yeah i guess this is a milestone for bitcoin

[chesatochi]

Wow is so amazing that you have the opportunity to use a bitcoin ATM machine at your gas station. I have some ATM machines in my own town, but so far I haven't use it. The machine was easy to use it ?

One day, I strongly believe those machines will increase in popularity.

[Daffadile]

That os cool. Well done on showing your support and well done to the local gas station for having it there. What were the fees like ? Will you continue to use this bitcoin atm and pay for your gas using bitcoin ? I think it will encourage this shop owner.

[gentlemand]

Has any Bitcoin ATM operator ever posted some stats? I'd be dead curious to know how much some of these things turn over.

It's great for visibility and availability but I really wonder how many of said gas station punters know what it is and take the time to actually use it.

[crazyivan]

I dont think these machines have a future anymore. Now we have lots and lots of different debit BTC cards which you can use at ANY ATM, I really do not see the point of having one of these BTC ATMs or using them.

[veleten]

Has any Bitcoin ATM operator ever posted some stats? I'd be dead curious to know how much some of these things turn over.

It's great for visibility and availability but I really wonder how many of said gas station punters know what it is and take the time to actually use it.

I think they don't bring profit
at least just yet
correct me if I'm wrong,there was a 14% figure mentioned above,doubt many would be running to their ATMs at such a high rate
but in a couple of years this could be a gold mine(with transaction % lowered to 0-5%)

[CraigWrightBTC]

It is look good on gas station we can make withdrawal money on there, unfortunately on my place there are no bitcoins ATM in gas station, i think 20 or 30 years later will be available bitcoin ATM on gas station for right now just need people for understanding about bitcoins and bitcoin ATM will be following it.

[madwica]

It is look good on gas station we can make withdrawal money on there, unfortunately on my place there are no bitcoins ATM in gas station, i think 20 or 30 years later will be available bitcoin ATM on gas station for right now just need people for understanding about bitcoins and bitcoin ATM will be following it.

Agree with you it take more time to make that happen we should continuous endorsing/promoting bitcoin to all people to make them interested to used bitcoin then if they see the potential income i think bitcoin ATM would be installed anywhere in every country.

[Japinat]

It is look good on gas station we can make withdrawal money on there, unfortunately on my place there are no bitcoins ATM in gas station, i think 20 or 30 years later will be available bitcoin ATM on gas station for right now just need people for understanding about bitcoins and bitcoin ATM will be following it.

Agree with you it take more time to make that happen we should continuous endorsing/promoting bitcoin to all people to make them interested to used bitcoin then if they see the potential income i think bitcoin ATM would be installed anywhere in every country.

What we did is we are already promoting bitcoin and i guess we are effective in doing it since bitcoin has a good increase this year.. That is the main evidence that people are adoption and we should be proud that our effort pays off.

[triasel]

Saw on the Bitcoin atm maps there was a new ATM at a gas station nearby.
http://bitcoinbarrel.com/bitcoin-atm-map/

So I went to check it out:


The clerk said they've only had it a week and I was the first person to use it.
I had to enter my phone number and get a confirmation code, and after that just insert cash.

It even printed out a receipt:


I've only used an ATM a few times with this being the first big ATM. Before that they were the smaller Skyhook machines which were still pretty cool.

Anyone else seen Bitcoin ATM in random places?

Great thing there is that Bitcoin ATM , and you are awesome person can use it ..
i hope there are plenty of ATM like this in many countries and many places

[fortunecrypto]

That's great I'd love to see one here in our country,it looks so easy you do not have to carry a cash or a credit card anymore,we are looking in the future of another cashless transactions and maybe in the next ten years there will be one in every corner.

[ranochigo]

I dont think these machines have a future anymore. Now we have lots and lots of different debit BTC cards which you can use at ANY ATM, I really do not see the point of having one of these BTC ATMs or using them.

Those Bitcoin debit cards do incur quite some fees as compared to these Bitcoin ATMs. The Bitcoin debit cards can be a hassle to use with all the identity verification and the cost of the card itself. A Bitcoin debit card can cost anywhere from $5 to $30, excluding the shipping. Bitcoin ATMs like Lamassu, Robocoins etc, allows the user to use the machine with a fast and simple verification and often at a fee of 2-5%.

That being said, Bitcoin ATM is slightly more convenient if you do not have a Bitcoin ATM near you.

[TastyChillySauce00]

I dont think these machines have a future anymore. Now we have lots and lots of different debit BTC cards which you can use at ANY ATM, I really do not see the point of having one of these BTC ATMs or using them.

Those Bitcoin debit cards do incur quite some fees as compared to these Bitcoin ATMs. The Bitcoin debit cards can be a hassle to use with all the identity verification and the cost of the card itself. A Bitcoin debit card can cost anywhere from $5 to $30, excluding the shipping. Bitcoin ATMs like Lamassu, Robocoins etc, allows the user to use the machine with a fast and simple verification and often at a fee of 2-5%.

That being said, Bitcoin ATM is slightly more convenient if you do not have a Bitcoin ATM near you.

why people who are planning to use debit cards can't afford $5 to $30?,if they are planning to use the debit card then the price you mentioned above will not going to be a problem and some debit card issuer don't need you to upload an ID to verifiy your account except you're requesting to increase your debit card limit

and if bitcoin ATM having that good features the only struggle is, it don't have wide coverage and rarely found

[OROBTC]

...

BitcoinBarrel

1) How much did they charge (premium) over "spot price"?  Around here, the BTC ATMs charge a very high 14% premium.  (In Vancouver (on a recent vacation) it was closer to 7%.)

2) Did you have to supply ID?  (Once in NYC I did not have to supply ID, I would guess that has changed.)

1. It is very convenient, only 5% to buy Bitcoins, %7 to sell I believe.

2. No ID was required, just text code confirmation.

My city just got a new Bitcoin ATM which only charges 9% over "spot".  That is much better than 14%.  So yeah, I bought some today.  I can live with 9%.  Besides, BTC went up some 5% in price after I bought.

Same re no ID, just an SMS message.  MUCH better than before.

[johnnyyash]

Saw on the Bitcoin atm maps there was a new ATM at a gas station nearby.
http://bitcoinbarrel.com/bitcoin-atm-map/

So I went to check it out:


The clerk said they've only had it a week and I was the first person to use it.
I had to enter my phone number and get a confirmation code, and after that just insert cash.

It even printed out a receipt:


I've only used an ATM a few times with this being the first big ATM. Before that they were the smaller Skyhook machines which were still pretty cool.

Anyone else seen Bitcoin ATM in random places?

Am happy to see and hear this...its really a good and welcomed idea, though i look forward going through this process, with bitcoin!!!!