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Author Topic: Would you use a Bitcoin ATM?  (Read 3435 times)
ufaiz50
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March 22, 2017, 02:30:05 AM
 #101

it depends on whether there is bitcoin atm in my city if it's there I'll use it if it was not there I would not use it because I don't like to use things that can't be used

BTC atms will never have any success, because bitcoin itself didn't go mainstream. They're sole role is marketing.
Exactly, to compete with bank ATM it seems difficult, because there is already evenly and in all places. People will not want to queue up at the ATM bitcoin, moreover if there is bitcoin ATM then the function bitcoin is equal with fiat money.
bitcoin and fiat is currency and functions also as a means of payment what is the problem?

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TTMNewsK
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March 22, 2017, 02:38:18 AM
 #102

Definitely YES!
Actually the bitcoin atm is really good. Smiley
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March 22, 2017, 02:46:17 AM
 #103

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.

A resounding yes would definitely be my answer. Right now, I think. there's only one or two BTC ATM in our country and I haven't used any of it. I would be very glad if BTC ATMs would become a norm in our place. This will greatly provide ease to the bitcoin users in our area and the fact that you can withdraw and deposit BTC by using ATM would greatly increase the exposure of BTC to the normal masses in our community.
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March 22, 2017, 04:49:09 AM
 #104

...

TTMNewsK & JanpriX

Do keep in mind that the BTC ATMs are there to make money for their owners as well as having their own expenses (maintenance, etc.).  Here in the USA, some of them have been attacked and damaged.  So, the ATMs have to charge a relatively high fee (usually between 10% - 18%).  

I have read that some ATMs in Europe only charge some 8% - 9% or so.

Even so, if I need or want BTC, sure, I will use the ATM!  Although I now also use buy.bitcoin.com (7.5% fee) too.
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March 22, 2017, 04:58:31 AM
 #105

Yes ofcourse if there is a bitcoin ATM in my country because bitcoin ATM is very important for us specially for emergency but for now I doesn't heard people that using bitcoin ATM in my current place. I only heard cardless ATM even it is different from bitcoin ATM, it is almost the same.

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deppil
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March 22, 2017, 07:01:41 AM
 #106

Why not if there's any available facility in my area, its a big help for emergency purposes and you need money in an instant withdrawal but considering high fees,withdrawal in btc atm maybe become limited.
Of course when you have easy to use bitcoin, why not? when you're easier to send and attract or withdraw bitcoin to fiat.
of course I'm going to use it Cheesy
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March 23, 2017, 03:16:15 PM
 #107

Absolutely yes! The usage of Bitcoin ATM would be beneficial. Using these ATMs would help us in converting our bitcoin to fiat with haste.Since bitcoin is not yet accepted by everyone then we still need fiat and Bitcoin ATM is a must for that
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