The Sceptical Chymist
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March 19, 2017, 11:44:06 PM |
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As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
Yes if it was as cheap as coinbase Or Circle, RIP. Hell yes, I'd give it a shot. The thing is that even if I bought some bitcoin at an ATM, I have no doubt whatsoever that the nearest business WON'T take bitcoin. But I'd buy it just to try. My options these days are limited for buying. In the US, I don't think bitcoin ATMs are going to catch on--maybe in Europe or Asia they will.
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shinratensei_
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March 19, 2017, 11:52:50 PM |
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As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
I wouldn't, I don't think if that will give an efficiency or more adoption. I was finding the main concern. The first, use the bitcoin ATM will charge you a lot. I've tried it on the previous time and it was charged me some dollars just to pay the fees. In my life, i will not use the bitcoin atm until the fees will be rational for me. And the others you can see any criminal case in Mexico. How weak the bitcoin atm itself. http://infocoin.net/en/2017/01/14/3-people-arrested-for-destroying-bitcoin-atms-in-the-usa/
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UCHCHILD
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March 20, 2017, 12:08:27 AM |
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i actualy use an bitcoin ATM and i am very satisfy,it s easy is fast is anonymous
Good to see this feedback so I hope sooner we have it here too in our country. How about its fees?? Does it requires high fee or not??
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szpalata
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March 20, 2017, 12:42:04 AM |
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That will be a great pleasure, I'm actually craving to lay my fingers on one of them and hopefully we can have some in my country soon because I want to learn all the rudiments of operating it and then cash out bitcoins to show off to my friends.
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taxmanmt5
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March 20, 2017, 03:05:45 AM |
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As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
This will be cool if every country will have Bitcoin ATMs and for sure if it has lower fees. And I guess there is no problem so far to those countries who have this at the moment. The earlier they have this facility, the better it is for their own country people.
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HarringtonStark
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March 20, 2017, 03:10:56 AM |
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I think until now bitcoin ATM is still be best way to allow newcomers to acquire small amount of bitcoin, although the rate is a bit expensive.
Besides, it can also serve as an advertisement in the public places.
i do not think that we need for any bitcoin atm, we can use our online wallet any time and anywhere, i think when the number of bitcoin uses will increase then the idea of bitcoin ATM may work a little but stil i do not think that a lot of people will appreciate this idea. Yeah but sometimes we need to convert bitcoins to cash on demand and an ATM is one of the fastest ways.
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Hydrogen
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March 20, 2017, 03:24:34 AM |
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AFAIK historically, some ATM's have been manufactured by shell corps owned by organized crime and used to conduct money laundering.
ATM machines are also one of the places thieves stakeout to steal pin numbers and credit card data.
Other than those small issues, hell yeah. I would totes use a bitcoin atm.
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Zadicar
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March 20, 2017, 03:28:05 AM |
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Theres an ATM machine here on my country but just only 1 which is placed on the capital city which is too far away on my place which means i cant still use it but if ever i had the chance i will try to use it for once just to know how does it feel and i know the rates would be more expensive compared to typical exchanges.
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HabBear
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March 20, 2017, 03:28:56 AM |
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No more than you need an ATM now with fiat, except the transaction direction is different. Bitcoin ATMs existed for deposits, not withdrawals.
Honestly, the answer is Never. I would never use a Bitcoin ATM. It's never needed, not when you directly buy Bitcoin through Coinbase with a debit card.
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sonic212
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March 20, 2017, 03:50:25 AM |
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I think it's good to make Bitcoin ATM, because a lot of people who do not have an ATM card and also use it for that, so I personally agree with their Bitcoin ATM there and very helpful all the people who want to exchange Bitcoin to be real money.
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ASHLIUSZ
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March 20, 2017, 04:04:51 AM |
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By the ongoing price drop the situation of losing a small amount of bitcoin too is a hard thing. Bitcoin is found very small number compared to the exchange availability. Also the transaction or withdrawal fee levied on ATMs were quite high than the exchange rate. This makes the decreased use of bitcoin ATM.
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tabas
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March 20, 2017, 04:14:24 AM |
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Yes, I will definitely use bitcoin ATM. And in my country where bitcoin isn't popular, it would be amazing for me to be seen by those people that doesn't have any knowledge about bitcoin. It will make me some kind of a techie guy where I can withdraw my bitcoins whenever I need it. Good thing to it, robbers doesn't know what bitcoin is, so it will be safe in my country.
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ethereumhunter
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March 20, 2017, 04:21:37 AM |
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if there are any bitcoin ATM in my city, i will trying to use like other members said because i am too curious and want to see how it looks like, i think its the same as ordinary ATM. but i want to see the process buy and sell of bitcoin in reality. i hope soon in my city can add one or two machine so bitcoin user will trying to use the bitcoin ATM.
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dihari
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March 20, 2017, 04:29:58 AM |
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It will be good if bitcoin Atm that they build have service deposit (buy) and cash withdrawal (sell). In my country, bitcoin Atm that made by a local exchanger is just available in 2 big cities. And the ATM is only use for buying btc, not for withdraw. It's a big expansion from coin cloud to spread bitcoin (buy, sell, spend) in the United States.
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Soul Reaper
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March 20, 2017, 04:32:17 AM |
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It might be a good option to use a bitcoin ATM. If the facilities are better and as user friendly as coinbase ,paybis etc and cheaper than it. Then definitely I would like to use a bitcoin ATM.
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Natalim
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March 20, 2017, 05:41:28 AM |
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Why not, as long as the fees are justifiable I will be willing to use bitcoin ATM, that will help us for the convenience in withdrawing our bitcoin into fiat. I would love to see if this kind of ATM will be available in many countries so it could help spread awareness to the people and they will know that bitcoin is real. I will salute to those who would like to invest in this kind of business, it will really help a lot to the market as a whole.
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batang_bitcoin
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March 20, 2017, 05:45:13 AM |
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Why wouldn't I won't use bitcoin atm since I'm using bitcoin for purchasing things online and for paying my bills? And it's a good choice and alternative if I don't have balance to my debit card or I don't want to use my credit card. It's a good feature of bitcoin where is being offered to us but too bad still I haven't seen that here in my place.
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user27
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March 20, 2017, 05:46:52 AM |
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I definitely would be good to Bitcoin ATM machine would make sense as it provides the masses with access with to Bitcoin which is something that we has a community need to work together to get to.
I have believe that Bitcoin ATMs should really not require any identification because that is against formation of Bitcoin however due to obvious governmental regulations that is not really possible right now.
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Tyrantt
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March 20, 2017, 06:35:59 AM |
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Probably but would entirely depend on the fees. I;m currently happy with this exchange I'm using at the moment, tho can someone tell me (doesn't matter what country) how much are the fees when you're using FIAT money atms?
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Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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sosobtc-Regina
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March 20, 2017, 06:49:34 AM |
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In some ways, bitcoin ATM is a safe and convenient way to exchange fiat money ,and also,it shows bitcoin is legal.
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