Bitcoin ATM locations on a rapid increase...

[JimmyButlerCollector]

Noticed that in the past 3 months, bitcoin ATM locations have increased by 15%. For the past 3 years, it has increased 23-fold.

[Bitcoin Guy]

How many in total so far?  One ATM to 23 ATMs is also 23 folds.

Does anyone know how much the ATM vendors charge for transactions?

[xFiber]

Well I don't see that increase in my country. In my country we only have about 4 atms all atleast an hour drive away. I want one in my town haha.

[mackenzied]

Noticed that in the past 3 months, bitcoin ATM locations have increased by 15%. For the past 3 years, it has increased 23-fold.

Drill talk about ATM bitcoin, its development is obvious. With the development of the current bitcoin, its value has made strides, it is showing that it is the strongest currency.

[xJuturna]

I guess it's bound to happen but where exactly? I haven't heard of this sort of thing state-side. Doesn't this defeat the purpose of anonymity seeing as there are usually cameras and security devices installed in / around ATMs?

[paragoncoin]

I guess it's bound to happen but where exactly? I haven't heard of this sort of thing state-side. Doesn't this defeat the purpose of anonymity seeing as there are usually cameras and security devices installed in / around ATMs?

That's a good question. I would also wonder about the safety of the transaction. Who funds a Bitcoin ATM?

[LFC_Bitcoin]

Well this can only be a good thing, as time goes on hopefully the statistics show an even more rapid growth in numbers of ATM's. We still have nowhere near enough mainstream adoption.

More please.

[LTU_btc]

In my location, number of bitcoin ATM's doubled in last few months. There was only one ATM and now we have two.
But I'm not sure who are using these ATM's. Their fees makes them uncompetitive to use.
And OP, where did you get these stats, please give source.

[Wind_FURY]

BTMs are a scam. The prices they want per Bitcoin is way above the real market price. It would be better to wire transfer money to an exchange that will cost $10 at most.

Why move Bitcoin backwards by making ATMs? Mobile wallets and NFC technology should be the new norm.

[mk4]

BTMs are a scam. The prices they want per Bitcoin is way above the real market price. It would be better to wire transfer money to an exchange that will cost $10 at most.

Why move Bitcoin backwards by making ATMs? Mobile wallets and NFC technology should be the new norm.

Just understand that Bitcoin ATMs aren't put up to help people buy and sell bitcoins. They put them up to make profit, as most businesses do. I still agree though, the fees are abysmal. They should atleast lower them to a reasonable fee percentage. I think their main target audience are the people who are new to bitcoin, and if alot of bitcoin ATMs are being opened, it looks like their strategy is working.

Where are these bitcoin ATMs showing up anyway? In the United States I assume? Not a single bitcoin ATM on my country as of now.

[yugyug]

i did not see any bitcoin automatic teller machine (ATM) in my location but i bet most European region installed atm for bitcoin. it is still a money making machine although it converts bitcoin to cash. the transaction fees where most of the profit came from but i don't have an idea if this kind of business is sustainable because it is not quite convenient to wait for the delay of confirmation of the bitcoin to cash transactions.

[jorneyflair]

Noticed that in the past 3 months, bitcoin ATM locations have increased by 15%. For the past 3 years, it has increased 23-fold.

Sorry if this seems dumb, but I don't know what a bitcoin ATM is. I guess it would be the same as a real life atm and instead of being able to retrieve money from it, you receive bitcoin from it. If anyone has a picture of a Bitcoin atm, please send me a pm with a imgur link please

How many Bitcoin ATMS are in the world now?

Why are bitcoin ATMs even a thing though? We have localbitcoins and other marketplaces so why would we go outside to buy bitcoin when we can just hop online and save time via localbitcoins?

[RedditMaster]

This is to be expected. As more find out about Bitcoin the price will naturally rise and more people will want to buy so more ATMs will be needed in every city in the world. Eventually every city WILL have a Bitcoin ATM in it to buy Bitcoins and the price will be very expensive like if you want to get money from ATMs today you need to pay a big fee.

[kuryadi]

Really, the location of bitcoin atm is growing very fast. In my country a lot of new atm is made for bitcoin transactions. This may be because bitcoin transactions are increasingly in demand by people. With easy transactions and cheap fees now bitcoin became popular. Therefore need to be built atm to facilitate the transaction. Thus people's interest in bitcoin will grow .. and many of them will use bitcoin

[chixka000]

Noticed that in the past 3 months, bitcoin ATM locations have increased by 15%. For the past 3 years, it has increased 23-fold.

This is not yet totally a good news for me as now. Yes, it is true that they are increasing too fast however the problem here is that they are bring centralized as of the moment. They are usually from US europe china. I am not so sure if the numbers are also growing in japan

[CryptoPorco]

A bitcoin ATM makes it that much easier for anyone to enter the world of crypto and altcoins. and bitcoins value as the entry point to that world is going to skyrocket

are there any multi-crypto ATMS?

[spadormie]

Of course because of the reason that bitcoin is so famous right now. The demand of ATM's would increase as per the bitcoin got famous. And I think that it is for the better of us to have these kinds of atm machine. It is for the better of all of us. I am so glad that there are many machines that exists here.

[paragoncoin]

Oh that's a great question. I'd really like to know more about that.

[Kanapka]

Where did you took the numbers of ATM locations over time?

For me it doesn't matter because I don't use Bitcoin ATM's anyway

[erickkyut]

There is no doubt about it. Bitcoin is really becoming popukar on the whole world. The rapid increase in number of Bitcoin ATM worldwide only shows that Bitcoin is becoming more popular and acxepted in the world. I hope that there will also be more Bitcoin ATM here in our country.