gentlemand
Legendary
 Offline
Activity: 2590
Merit: 3013
Welt Am Draht
|
 |
May 02, 2017, 11:08:31 PM |
|
I can't really see it being a thing that'll ever explode. Their fees are usually too high, some of them have ludicrous AML requirements, and presumably once you've used one and gotten into Bitcoin you find cheaper options.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
machinek20
|
|
May 02, 2017, 11:37:24 PM |
|
Atm machine is a great way to cash out your coin unfortunately the fee is too high, so if not really urgent people not going to used it and also the rate is not too good, plus it is hard to find in my city, so atm machne is not really popular among active bitcoin users
|
|
|
|
|
|
iluvpie60
|
|
May 15, 2017, 06:52:24 PM |
|
I have seen very few bitcoin atms in smaller towns. Probably larger cities are having them. More foot traffic. I thinfk most people do localbitcoins in my area.
|
|
|
|
|
|
Blitzboy
|
|
May 15, 2017, 06:58:29 PM |
|
I dont really think that bitcoin cash machines are becoming more popular because there is no sight that people in my country are using those machines. They think that those machines are useless and they rather make transaction on the internet insteads
|
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
GetClams.com
|
|
May 15, 2017, 07:23:47 PM |
|
It is definitely growing but the fees are ridiculous. That sector needs more competition to bring down the prices.
|
|
|
|
|
|
|
|
jayc89
|
|
May 16, 2017, 08:52:00 PM |
|
Bitcoin ATM’s may have the potential to have a bigger audience within the near future because there is not much places where people can spend their Bitcoins after they have earned them from doing some work online. It also seems like Bitcoin ATM’s are harder to hack when compared against regular cash machines.
|
|
|
|
freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
|
|
May 16, 2017, 10:02:56 PM |
|
I heard there was a spike in 2014/2015, haven't heard much about it in the news recently.
Yes on average 2-3 new machines are becoming operational globally on a daily basis, with nearly 1200 machines the speed is picking up though, but it will take some time to see more. https://coinatmradar.com/Their biggest benefit really is ease of use as it is as easy as going there putting in cash and receiving or selling Bitcoins without the exchange delays. |
Believing in Bitcoins and it's ability to change the world
|
|
|
BlackPanda
Legendary
Offline
Activity: 1414
Merit: 1001
|
|
May 16, 2017, 10:11:42 PM |
|
Now the development of ATM machines are at the level of developed countries. While in developing countries it is still hard to find. Imagine 1 country has only 2 to 3 ATM machines. This is a very absent number, maybe only lucky people who have the opportunity to use ATM bitcoin.
|
|
|
|
|
freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
|
|
May 16, 2017, 10:28:58 PM |
|
Now the development of ATM machines are at the level of developed countries. While in developing countries it is still hard to find. Imagine 1 country has only 2 to 3 ATM machines. This is a very absent number, maybe only lucky people who have the opportunity to use ATM bitcoin.
They do need local operators someone needs to do the online tracking for the machines and empty the cashbox otherwise the machine would never be operational so it's in part those who can afford to run the machines and are also located in a place where they can get demand for it. Not including other issues like location contracts with vendors/supplying the machines/ negotiation on rent prices for a location, accounting and legal etc. 2-3 a day is not bad when that is all considered. |
Believing in Bitcoins and it's ability to change the world
|
|
|
|
MingLee
|
|
May 16, 2017, 10:37:24 PM |
|
I heard there was a spike in 2014/2015, haven't heard much about it in the news recently.
That was probably their peak, there hasn't exactly been any growth around me and most of the time it looks like they're just there from either a time long gone or they are used occasionally, but not very commonly. I personally don't use them mostly because of the huge spot price that they put on it as opposed to what Bitcoin is actually trading for, but if they brought it down to within $10 then I would consider using them more. |
|
|
|
|
poplolnman
Legendary
Offline
Activity: 1442
Merit: 1008
|
|
May 16, 2017, 10:48:24 PM |
|
yeah it's growing , but on the same place and same country. i can't see there's a significant changes on how a new country installed their first bitcoin ATM or something. everything looks have a slower growth . people really not yet love to accept a new thing in their lives as a part of better changes for the future. |
I'm in 400,000 euros debt , dont help me , i rather die
|
|
|
|
Argon2
|
|
May 16, 2017, 10:51:52 PM |
|
If people trust Bitcoin the ATM will go the way of Betamax as will fiat paper.  |
|
|
|
|
|
Donaldturp
|
|
May 16, 2017, 10:55:26 PM |
|
Most of them are located in Europe, USA and Canada. Interestingly, there are only a few of them in Asia and China. This is so interesting.
|
|
|
|
|
|
HatakeKakashi
|
|
May 16, 2017, 11:06:04 PM |
|
In my country they have only 1 ATM machine . You can buy and sell bitcoin anytime you want but I dont think it is become popular why because the transaction fee is very big the buy and sell the price is not near I think the between $150 is the fee . For example the price of bitcoin is $1800 there you can buy this @1850 dollars and then you sell it $1700 thats very big amount. So I can choose local exchange the fee is good . But if ATM bitcoin machine will less their transaction fee I think many user will use their ATM and they will become popular .
|
|
|
|
shinratensei_
Legendary
Offline
Activity: 3094
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
|
|
May 16, 2017, 11:10:57 PM |
|
yeah it's growing , but on the same place and same country. i can't see there's a significant changes on how a new country installed their first bitcoin ATM or something. everything looks have a slower growth . people really not yet love to accept a new thing in their lives as a part of better changes for the future. You will not see the significant changes, Too many people have realized about a high fee through using the ATM machine. That makes the spread of the machines being so low in my mind. It's not a new thing but it must get determined by a lot of the factors. Don't judge them like they are the old person with lack of interest in the new technology. I don't want to pay some dollar just to make a transaction through ATM. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
angaper
|
|
May 17, 2017, 12:01:07 AM |
|
I have not yet seen a single one in my country, but I am aware that here in Mexico, with a population of 120 millions there are only about five bitcoin ATM machines. So I think that in my country they are not yet so popular.
|
|
|
|
|
vans11
Newbie
Offline
Activity: 56
Merit: 0
|
|
May 18, 2017, 10:31:25 PM |
|
Yes it's popular in my country there bitcoin machine to cash out your bitcoin to cash...
|
|
|
|
|
|
bestluck
|
|
May 18, 2017, 10:38:32 PM |
|
They are already enough in those places where the users of bitcoin are in more number and when in other places anyone will demand and the crowd will be more then they will also be provided with that facilities. Nowadays many people are using their bitcoin debit cards through which they can easily withdraw their bitcoin from other normal ATMs so I think that is why it is not problem for them and they do not claim much about it.
|
|
|
|
|
White Christmas
Sr. Member
Offline
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
|
|
May 18, 2017, 10:44:18 PM |
|
i didn't see it will became more popular in my country and most of the bitcoiners is not interested using it because they says it the fees for each transactions was pretty high rather than convert into local exchange
Exactly because of the high transaction fee bitcoin users become disappointed. But yes its true that bitcoin now is popular. It just going to be more popular if the problem in the transaction fee will be solve as soon as possible. |
|
|
|
|
