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Author Topic: bitcoin atm  (Read 6128 times)
Bugsbey
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April 30, 2018, 02:33:40 AM
 #181

I saw some videos in youtube that they're using atm with bitcoin i wonder how far it goes. because i know its hard to if its have an atm machine. we all know that bitcoin is made to be cryptocurrency which is intended to be used online for faster transaction with no extra cost just like other remittance center. but still i want to try to use atm machine of bitcoin and to see how it works and whats the advantages of it.
I likewise want to try an atm for bitcoin. But I do not see it in my place. I am just curious as how it will be done and how secured it is. I also have question in my mind if it is really possible?
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CuteBaby123
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April 30, 2018, 02:42:54 AM
 #182

Anyone in the bitcoin ATM business??

Bitcoin ATM for what purpose? I think it is difficult to do that because you will put your bitcoin in atm and you need a bank to do that. Also, that ATM can't be used in any shops or store because none as of these days accept bitcoin as payment.

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April 30, 2018, 03:33:05 AM
 #183

Bitcoin at the moment is expanding time by time. As we all know many people use to know the bitcoin. And its popularity to anyone is increasingly.
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April 30, 2018, 03:05:33 PM
 #184

Anyone in the bitcoin ATM business??

Bitcoin ATM for what purpose? I think it is difficult to do that because you will put your bitcoin in atm and you need a bank to do that. Also, that ATM can't be used in any shops or store because none as of these days accept bitcoin as payment.
for the exchange with fiat money, I think that is a good idea because if bitcoin grows rapidly in all countries in the world then the speed of transaction is needed

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May 03, 2018, 12:13:36 PM
 #185

Anyone in the bitcoin ATM business??

Bitcoin ATM for what purpose? I think it is difficult to do that because you will put your bitcoin in atm and you need a bank to do that. Also, that ATM can't be used in any shops or store because none as of these days accept bitcoin as payment.
for the exchange with fiat money, I think that is a good idea because if bitcoin grows rapidly in all countries in the world then the speed of transaction is needed

That's a good idea though, however in my own point of view I guess there's no need for us to use an atm because first of all bitcoin is not a bank and it is very impossible to gain access to it, second, we can easily access our funds by just depositing it to oir bank electronically that way we can access our funds through the banks atm.

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May 03, 2018, 08:48:01 PM
 #186

Anyone in the bitcoin ATM business??

There are online stores such as amazon who are relying on their customers to use cryptocurrency and it only means that there are companies or business who still believing on bitcoins that cryptocurrency do really have a bright future.

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May 03, 2018, 11:00:42 PM
 #187

Anyone in the bitcoin ATM business??

I do not think that there will be any bitcoin atm today since not all the country is still accepting cryptocurrency because some of the governments does not like the growth of bitcoins in their own country.

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May 03, 2018, 11:05:18 PM
 #188

Anyone in the bitcoin ATM business??

I do not think that there will be any bitcoin atm today since not all the country is still accepting cryptocurrency because some of the governments does not like the growth of bitcoins in their own country.
Actually I have'nt heard anyone here in my country having an Atm business. Yes even here in my country the growth of bitcoin is slow, others are lack of knowledge about cryptocurrency. However, I think no one tried to have atm business if their is it should be expose.


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koleskok
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May 04, 2018, 09:55:58 PM
 #189

Most atm bitcoin is currently only able to serve purchases bitcoin, because they tripped over the state regulatory issues. But so far, many atm ready and for a while we could call it vending machine.
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May 04, 2018, 10:10:18 PM
 #190

Most atm bitcoin is currently only able to serve purchases bitcoin, because they tripped over the state regulatory issues. But so far, many atm ready and for a while we could call it vending machine.
I would be happy if I see even at least one in my area, its far from imagining now that art will be able in my country do to crypto regulations, hope there will be some atm here.


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May 04, 2018, 10:14:42 PM
 #191

I do not really like the idea of ATM bitcoin, ATM is an old product that needs physical money, we have stepped forward to the world of crypto, so it is not the era of ATM again, there is a smart phone that is more practical and fast to transfer so no need to search ATM Again, I think ATMs are an old-fashioned product for paper money. we can not go back to paper money time, amazon just do not use cashier to keep the shop, in china we just need barcode scan, even beggar in china do not accept paper money or coin, just barcode scanning

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May 04, 2018, 10:43:37 PM
 #192

What an interesting idea to have bitcoin atm.
Atm is one of the most convinient way to access and to have money on time.
I think it will be successful once it is implemented.
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May 04, 2018, 10:47:42 PM
 #193

Anyone in the bitcoin ATM business??

Bitcoin ATM for what purpose? I think it is difficult to do that because you will put your bitcoin in atm and you need a bank to do that. Also, that ATM can't be used in any shops or store because none as of these days accept bitcoin as payment.
The reason people use Bitcoin ATM is that it simplifies buying Bitcoin (some ATM's have multiple cryptocurrencies) for cash.

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May 04, 2018, 11:58:06 PM
 #194

Here in my country one of our city was have a bitcoin ATM so that it is easy to withdraw or deposit a bitcoin based on the ncy of the country yes it is easy to use but it is not recommendable because in term of buying they charge you a high amount but in selling it was opposite. But here in my country some of banks and mini store was buying and selling bitcoin based on the actual value so that it is recommendable for me.

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May 05, 2018, 04:07:45 AM
 #195

I think with existing bitcoin atm in many places will help bitcoin user to withdraw their bitcoin without any problem and they can withdraw in anytime. besides that, if we are in one place which we don't know anyone and there are any bitcoin atm, we can directly use that atm to make a transaction. but I think this will any regulation from the government because we need their approval from the government to install any atm.

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May 05, 2018, 04:46:05 AM
 #196

Base on this link; https://coinatmradar.com/countries many countries have already using bitcoin ATM business this is the result of many users investors who engaged in cryptocurrency world wide. Furthermore this development shows of cryptocurrency has a long way to go and it made people rich by means of trading and investing.

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May 06, 2018, 09:53:41 AM
 #197

Here in my country one of our city was have a bitcoin ATM so that it is easy to withdraw or deposit a bitcoin based on the ncy of the country yes it is easy to use but it is not recommendable because in term of buying they charge you a high amount but in selling it was opposite. But here in my country some of banks and mini store was buying and selling bitcoin based on the actual value so that it is recommendable for me.

Where are you from? It's easy to buy & sell bitcoin in ministores at your country?
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May 06, 2018, 10:30:46 AM
 #198

I have seen several photos of Bitcoin ATM. It is good to lnow that there are bitcoin atm machines meaning Bitcoin aTM is real.
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May 06, 2018, 11:09:33 AM
 #199

Anyone in the bitcoin ATM business??
which I know, in UEA has legalized bitcoin, including in dubai, the country even already has a bitcoin special ATM, you can see more clear information on the internet, in some countries still do not exist, only when we convert money into conventional currency it can . and pulled it at the ATM.

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May 07, 2018, 12:36:08 AM
 #200

Bitcoin atm is a good idea. It will be more convient for us to use this. It will help us to any emergencies that you don't need to go to the bank or remitances just to withdraw money. And I hope my country will have this in the future.
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