Hi Jaycoin,
I am amazed that there has not been that much interest!! You set up looks fantastic! I am certainly interested!
There are 4 other options I have researched:
http://lamassubtc.com/https://cash2btc.com/#https://bitcoinatm.com/ https://robocoinkiosk.comLamassu-
Positives:
1. Compact, efficient and set up/designed for Bitcoin
2. Sleek and professional
3. No franchise
4. No transaction fee
Negatives:
1. Need to import
2. Out of my budget even though fairly priced
cash2btc-
Positives:
1. DIY no need to import hardware to Australia
2. Cheaper than Lamassu
3. Monitor can advertise
Negatives:
1. Franchise
2. 1% transaction fee.
3. continuity of operation. Central website so if company folds then machine does not work
4. The promoted set up looks slap stick. Could be more professional looking. Interface is not aesthetically pleasing. Works well but seems amateur.
Bitcoinatm and robocoin – These are both fantastic as they do cash in and out and as such innumerably more valuable and would get more custom. Both however are large and most probably of my budget let alone the cost of importing such big machines. BitcoinATM has a built in 3% fee on top of the operator.
I am tempted to get a Lamassu. It is professional and set up to go. Unfortunately, it is more than I wish to gamble upon. I still see an atm device as a gamble but really love the idea of it. I think transaction fees must be as low as possible otherwise people will compare it to other conventional ATMs and think why would I use it.
I also love the idea of setting up your own and the cash2btc is cheaper cutting the loss of the risk factor. I am down with a diy attitude and a simple utilitarian device yet I think a Bitcoin atm however must look very professional and familiar to allow people to trust it and be curious if new to btc and are sceptics. I have great concerns with cash2btc for this reason.
Your system seems very similar to to cash2btc but has a far more polished look. You seem to understand that the image is very important to consumer confidence. You offer the software for free unlike cash2btc. Are you able to offer that the device can show adverts when not in transaction? This would be for two reasons. One, to promote the local bitcoin community and two, to advertise the exchange that I would utilise in return for a cut on the transaction fee.
ps. I downloaded the software but it would not run. It came up with an issue regarding 32 v 64 bit. Does it matter which OS I have? Please note that I also tried to run it on Windows 7 but in Virtualbox on a Mac. Would this matter?
Thanks!
bitbandit
