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tobacco123
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April 03, 2017, 01:28:32 PM |
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Gosh... the rate is extremely high at CAD$1820 per BTC (CAD$20 for 0.01099BTC). Current rate is only around CAD$1520!
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YTBitcoin
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April 03, 2017, 01:46:49 PM |
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I also wish that there would be an ATM in my country as with ATM we can use our bitcoin very easily in our country we can spend our bitcoin even in those places where there will not be any connection to our phone so we will go to ATM and will withdraw our money for our needs.
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Lucius
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April 03, 2017, 01:49:35 PM |
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Gosh... the rate is extremely high at CAD$1820 per BTC (CAD$20 for 0.01099BTC). Current rate is only around CAD$1520!
It is always more expensive to sell/buy BTC on ATM,than on some exchanges.There is posted here some list of products you can buy for BTC and there is ATM for some 9+ BTC,and if I remember exactly they say time to return investment is around 3 months. It is nice to have ATM to buy BTC or exchange for fiat,but for now it is much expensive then exchanges,but in any case much easier and simpler. |
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Dr.Osh
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April 03, 2017, 02:12:49 PM |
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Cool. if the tool has been spread across several countries, maybe it will be easier for people to buy bitcoin. Well, it probably would make the transaction more than ever before. but, I think bitcoin users in the world, the need for tools, because I think it is a cool tool that investment in a large market.
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Kprawn
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April 03, 2017, 05:00:58 PM |
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The option he did not cover was the ATM fees or did I miss that part? Most of these damn ATM's add a lot of fees to the transactions and it leaves
you out of pocket with a lot of money. They should have a pop-up showing what the cost of the transaction should be to give you a choice if you
want to proceed or not. I have to say the confirmation on those transactions was pretty fast... when was this video done?
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ogoowinner
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April 03, 2017, 05:04:49 PM |
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That's nice. I wished it could spread to my country, cos sometimes, bitcoin transactions get difficult here.
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ReLieD
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April 03, 2017, 05:10:59 PM |
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Ok but i dont think many people will be interested in that as most of the people have bitcoins in wallets and it's enough for them. I also wish that there would be an ATM in my country as with ATM we can use our bitcoin very easily in our country we can spend our bitcoin even in those places where there will not be any connection to our phone so we will go to ATM and will withdraw our money for our needs.
What did you even say like what are you even saying . What connection and what all. If you want to use internet then why will you go the the ATM. Man you can get WiFi anywhere walking around and you have wallets for that . The offline wallets and when it comes to ATM then it means that you might be very rich and might be holding a lot of bitcoins and if your rich at least you can afford a net pack or so for your phone. |
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jak3
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April 03, 2017, 05:39:50 PM |
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its awesome to see still more and more bitcoin atms are being implemented all over the world, i hope soon my place will have one too. but i have observed all the bitcoin atms has this high price problem that like a common problem in all , i is worthy to try even at that high price
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TIDOVEE
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April 03, 2017, 05:46:31 PM |
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Really? ....
if bitcoin ATM can spread across our countries, that will be a great deal. infact it will
aid better use of bitcoin. even if fiat will be in plan to be eliminated, this will be one of the way forward. cant wait to have it.
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alucard23
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April 03, 2017, 05:48:08 PM |
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I would like to have that possibility where I live, but apparently the rates would be a bit high. I think it will take some time for such fees to go down.
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bitbunnny
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April 03, 2017, 05:51:34 PM |
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I have few Bitcoin ATMs in area where I live and work. But I have never tried them because I just don't have that habit to use them. It's much more convenient to me that I buy or sell my coins online, on localbitcoins. But it's good to have ATM option and I think that can contribute to popularity of Bitcoins.
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LilibethSantos
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April 03, 2017, 06:01:27 PM |
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Thanks for sharing. Did that machine also offer an option to convert BTC to cash? |
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erikalui
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April 03, 2017, 07:02:31 PM |
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The rate is 300 CAD more than the normal rate? That's insane. They should charge 5-10% more but their rate is almost 20%. Better to use online exchanges and convert BTC into fiat rather than using these ATMs. Online exchanges charge 5% fee which is more reasonable.
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Salazarian
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April 03, 2017, 07:47:57 PM |
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Gosh... the rate is extremely high at CAD$1820 per BTC (CAD$20 for 0.01099BTC). Current rate is only around CAD$1520!
but i think we do not need for any atm to be use for bitcoin. i think the online wallet system is the best option for bitcoin to use. i will like to continue using online wallet system for keeping my bitcoin. |
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andrew24p
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April 03, 2017, 08:08:06 PM |
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Nice video, if you ever meet the guy who owns it, ask him what hes paying in fees to put it in the mall. I looked into it around me and they wanted extortionist rates.
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dearbesz1219
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April 03, 2017, 08:27:58 PM |
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Wow! that was cool if I am going to look at it. Here in my country I know we have only 1 Bitcoin ATM machine but too far from my place it takes 3 hours before I get there. But never experience to en-cash some of my bitcoin according to our currency, of course I would love to do that if ever I can visit to that place.  |
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Pettuh4
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April 03, 2017, 08:48:47 PM |
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Good for you. I wish they add cash-out option to it so that more Bitcoiners can subscribe to later on. |
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ahmedjamal1998
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April 03, 2017, 10:00:10 PM |
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That's dope. It's really easy to buy and sell bitcoins.
If I just had such an easy way to buy bitcoins other than paypal which cost me a lot I'd surely go for it.
I actually noticed that the rate was a bit too high but nothing to complain about I guess.
More and more of these ATMs are needed in the world.
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Mometaskers
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April 04, 2017, 03:25:15 PM |
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Wow, that's cool! The exchange rate is a bit high but I'd definitely like to try it at least once. The only option we have in buying coins is through exchanges (they do offer various ways of cashing-in though). I wish we have at least one of these nearby. They should put out more of these to be visible to the public. I guess the good thing with having bitcoin ATMs is that it give a sense of normalcy to cryptos. People would see bitcoin as just some other form of money. If people can have cupcake "ATMs" why not bitcoin ATM? BTW Ben, I'm a subber, I just haven't seen most of your vids because of the length. I only have 100gb monthly allowance so I refrain watching long vids.  |
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