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noormcs5
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January 25, 2017, 03:48:29 PM
 #21

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 think bitcoin atm is a good adea. but currently it is not working properly, it will be more helpful when the users of bitcoin will increase, and in such situation atm machines will be more helpful.

I do not get the idea of Bitcoin ATM. The only thing i see is that with bitcoin ATM, you will get the bitcoin converted to local currency and local currency comes out of the ATM machine. that's the only purpose is see for Bitcoin ATM. as bitcoin is untouchable so bitcoin cant come out of ATM machine  Grin

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January 25, 2017, 04:33:11 PM
 #22

It seems mostly people needs to scan bitcoin barcode, than accept transaction and etc, it's simply tiresome. In my country people can to cashout bitcoin with local bank's card, simply bitcoin is converted into usd immediately when you withdraw money from atm and to my mind it's good.
If you are to going bitcoin atm business, you need machine for money withdraw, some part of territory or can to contact banks and add that function under your control on their atm.

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January 25, 2017, 04:38:47 PM
 #23

i have seen this in some news, it seems great, it is shame that i can not use them, i hope that the advantages of using this kind of services help it to spread it wide world, and maybe some time in the future i could use it

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January 25, 2017, 05:33:15 PM
 #24

I have 2 Bitcoin ATMs in my country.
One doesn't work, the other has such high fees that you might as well use Virwox or Bitcointalk to buy Bitcoin.
I really can't see the ATM business booming anytime soon. I wouldn't even use it to get cash, I'd much rather convert to my currency and withdraw to my bank account. Everyone is using some type of card these days anyways.
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January 25, 2017, 06:23:31 PM
 #25

Never experience to have a bitcoin atm hoping that it will happen here  in my country to have an bitcoin atm so that i do not need to go too far since coins.ph right now i am think early that they are nearly release a new atm that i hope can be happen..
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January 26, 2017, 02:22:59 AM
 #26

I think this is a good idea, with the existence of the bitcoin ATM allows the user to pull the bitcoin and send money. I am so waiting for the existence of the bitcoin ATM, because it will make everything easier.
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January 26, 2017, 03:38:01 AM
 #27

That's a very brilliant idea to have soon if bitcoin atm is implemented worldwide, at least people have an option of their money which bitcoin atm brings your money to viewed as digital currency and converted it to fiat with a cash withdrawal options via atm machine. A big dream is now becoming a reality to most users of bitcoin and now its possible to everyone to learn all about it through that visionary of bitcoin atm.

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January 26, 2017, 04:25:23 AM
 #28

...

I've used BTC ATMs ("BTMs") in three different cities including my own.  

I also spoke with one of the directors of a small company that has +/- 5 BTMs here.  He told me that there are several expenses that people do not think about (rent at the store, damage to machines by angry users, expense of buying the machines themselves, US ,gov reporting requirements, etc.).  That is one reason that BTM fees can be so high (maybe averaging 14%).

Also, it has been YEARS now that I have used a BTM not requiring substantial ID/KYC/cellphone number.  One was in NYC, one was in Vancouver (Canada).

Still, even with the drawbacks I mention above, they have a certain convenience if you have trouble setting up meetings via localbitcoins (I have bought BTC via them, but it is generally a hassle for me).
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January 26, 2017, 06:46:56 AM
 #29

Anyone in the bitcoin ATM business??

i am not yet use bitcoin ATM and i am not doing business in bitcoin industry, i think i still bitcoin user which want to collecting and earning bitcoin, maybe in future i will build my own bitcoin business in offline and i hope i can add bitcoin ATM in my store.

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January 26, 2017, 09:26:15 AM
 #30

Wishing to have a bitcoin atm all over the world. We need some bitcoin atm to withdraw or encash our money. To be more fast and efficient way to encash or have our payouts fast and easy. We need that kind of bitcoin atm they are saying.


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January 26, 2017, 09:42:55 AM
 #31

I think having a bitcoin ATM as a business  is a good idea but I have a question for this If I am going to withdraw my bitcoins to a bitcoin ATM should I still need to wait for 2 hours or more for the transaction to be confirmed before I can take the money ? If that so then it would be a lot of hassle to consumer didn't it?
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January 26, 2017, 10:09:02 AM
 #32

Anyone in the bitcoin ATM business??

I hope that we have it here too in out country like others. And so sad to know that it is not that popular here in our country, I hope someone will introduce bitcoin in somewhere,like in television where many people can see it, because having bitcoin ATM business is good and more accessible I guess, and for sure if there will be a bitcoin ATM the transaction Confirmation will be more faster than we are experiencing now because for sure they will make it more fast for it will be more in demand.

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January 26, 2017, 10:19:53 AM
 #33

We needed bitcoin atm, bitcoin atm will be the way for easy payouts. A lot of money will be going to invest on, needed some bitcoin atm for our own, just like other bank atm. Bitcoin must develop their bitcoins atm, to promote itself
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January 26, 2017, 02:44:20 PM
 #34

Wishing to have a bitcoin atm all over the world. We need some bitcoin atm to withdraw or encash our money. To be more fast and efficient way to encash or have our payouts fast and easy. We need that kind of bitcoin atm they are saying.
This is what every bitcoin users want to be implemented to every country, a fast and efficient way to encash money because for sure if we have this waiting for long confirmation for every transaction will be lesser. But we need now is to be recognize the bitcoin in every country to have easy access with this.
 
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January 26, 2017, 03:29:15 PM
 #35

Anyone in the bitcoin ATM business??
Here in Philippines we have bitcoin ATM located in Makati City I think but we have application called coins.ph that you cash out via cardless ATM amd that is pretty hassle free there us specific ATM machine that we can cashout our bitcoin instantly anywhere as long as their an ATM and I hope it will go all over the world as soon as possible. We are lucky that we can cashout our bitcoin instantly and anywhere.

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January 26, 2017, 03:36:15 PM
 #36

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 think bitcoin atm is a good adea. but currently it is not working properly, it will be more helpful when the users of bitcoin will increase, and in such situation atm machines will be more helpful.

I do not get the idea of Bitcoin ATM. The only thing i see is that with bitcoin ATM, you will get the bitcoin converted to local currency and local currency comes out of the ATM machine. that's the only purpose is see for Bitcoin ATM. as bitcoin is untouchable so bitcoin cant come out of ATM machine  Grin

here in our country, our local bitcoin wallets gives us the advantage of using atm on withdrawing bitcoin. they let us withdraw from the option we want like automated tellering machine. even if you have no card but want to send money, you can choose the withdraw from the atm even if you have one. that atm have the option of withdrawing with cardless. it will just ask for the reference number and the secret passcode which will be sent to you via email.

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January 26, 2017, 03:43:45 PM
 #37

It's going to take a change in the law to see more of them here in the U.S. It requires a money transmitter license for each state you operate in. 

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in AFRICA - https://bitcointalk.org/index.php?topic=2710325.msg27720734
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January 26, 2017, 04:33:08 PM
 #38

Anyone in the bitcoin ATM business??
There's no bitcoin ATM here in our country but once it have i swer im going to use it to had fastest transaction world wide or by buying and selling bitcoin online this is the best way to withdraw money and for sure it will be happen here so soon.


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January 26, 2017, 05:45:44 PM
 #39

Anyone in the bitcoin ATM business??
There's no bitcoin ATM here in our country but once it have i swer im going to use it to had fastest transaction world wide or by buying and selling bitcoin online this is the best way to withdraw money and for sure it will be happen here so soon.

No one in my place but different distant island, so I often use the wallet via blockchain, and sold through the usual online already selling bitcoin later transfer the money directly to the bank, it is easy bitcoin katrena simple and secure


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January 26, 2017, 06:14:50 PM
 #40

may be very cool if bitcoin has had its own atm. perhaps so very easy for us to redeem bitcoin that we have. Well, until now, redeem bitcoin is a very difficult thing for me to do, but if the technology is developed, it would probably be something very good for bitcoin users in the future.

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