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Author Topic: Bitcoin ATM locations on a rapid increase...  (Read 1232 times)
TIDOVEE
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August 11, 2017, 11:08:37 PM
 #41

ofcourse its a sign that bitcoin is moving wide, it will definitely make bitcoin use easier, its welcome.
datodota002
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August 12, 2017, 02:45:28 AM
 #42

i wanna ask you if we do withdrawal use Bitcoin ATM is our money go directly to us or our money go to our bank account and we cash it using bank account??
sorry for bad english
naidray
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August 12, 2017, 07:14:21 AM
 #43

There are no ATMs in my country, but I don't understand the need to go to an ATM, when you can easily purchase Bitcoins from LocalBitcoins.com for just 2% or 3% markup. I have heard that the ATMs are having markup of 6% to 8%.

It's debatable and purely based on opinion, but like others said, ATMs are good for convenience. Using localbitcoins is convenient, but lets say you're not home and need to buy/sell some bitcoins, then ATMs are far more convenient in my opinion(if you have a bitcoin ATM closeby). Especially when there's an emergency for example, whereas you will surely be in a rush to sell some bitcoins, with a cost of higher fees of course.

Whether or not you like or use bitcoin ATMs though, you can't disagree that having bitcoin ATMs in public is definitely good publicity.
I think if you have a mobile wallet and still you go to an ATM, which will be a pretty dumb act. These bitcoins ATMs are nothing but just another business giving huge profits to owners not users. Why to pay such high charges on ATMs while you can perform same tasks the easier and fast way? I see this technology is just trying to fool innocent people. Bitcoin will be known by everyone very soon, even without such publicity.
JimmyButlerCollector (OP)
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August 12, 2017, 08:44:38 AM
 #44

i wanna ask you if we do withdrawal use Bitcoin ATM is our money go directly to us or our money go to our bank account and we cash it using bank account??
sorry for bad english

ATM machine gives you cash. No bank account.
cryptothinker
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December 06, 2017, 09:09:48 AM
 #45

I really wish there was some of these in my area. It not only helps who is trying to sell but also who's trying to buy. I think that's the future anyway, we just have to be patient.

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dawoodkhan97
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December 08, 2017, 07:26:02 PM
 #46

For locating bitcoin ATM's around the world,
you can check this site out: https://coinatmradar.com/

Most of these ATM machines are located in the US
and Europe.

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Malaya
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December 08, 2017, 07:43:23 PM
 #47

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

Great year for bitcoin to even established these bitcoin ATM machines from different parts of the world. I have also seen one in Taiwan that made me really happy and at the same time surprised because that just gives an impression that bitcoin is progressing well from time to time. By 2018, let's further wait for the bigger things bitcoin can offer to its users. People are even much in bitcoin and even new curious ones are now believing in it. No wonder bitcoin ATMs can increase in numbers soon as well.

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Anonymous Kid
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December 08, 2017, 07:46:29 PM
 #48

I am thinking of buying a couple ATM's and setting them up in my city  Grin
AdamRay
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December 08, 2017, 07:48:30 PM
 #49

There are many bitcoin atm all over the world. And we can comfortably exchange bitcoins. However, in my country bitcoin is not recognized, so there will be no atm

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beverly788113
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December 08, 2017, 07:51:49 PM
 #50

Atco bitcoins are quite common in many developed countries. However, with bitcoin processing speed is difficult to complete the transaction quickly
HappyDevil
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December 08, 2017, 08:50:39 PM
 #51

ATM bitcoin is a very nice idea but unfortunately I have no ATM bitcoin in my place. My government has not yet recognized bitcoin, so having a bitcoin ATM here is really far away. I would be very happy if my ATM has such bitcoin, my bitcoin transactions will be much faster.
Spoetnik
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December 08, 2017, 08:55:53 PM
 #52

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

Junior LOL

We had the first on planet Earth. Vancouver BC, Canada. (then my town Kelowna had #2)
It didn't last long.
They were popping up and then vanishing soon after.. when the crypto-recession hit.

I would bet my left nut you are a scammy predator with puppet accounts.
This place is flooded with shady noob accounts that talk about "3 years ago".
What the fuck would you know about 3 years ago noob ?
And why is every noob that talks here a seasoned crypto veteran ?
Something doesn't add up.. and it makes the point to this topic and it's crypto-propaganda claims shaky at best.

FUD first & ask questions later™
superman22
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December 12, 2017, 02:03:57 PM
 #53

I am thinking of buying a couple ATM's and setting them up in my city  Grin

I am quiet amazed to know that you are going to set up Bitcoin ATM. It would be the world record however I believe that Bitcoin ATM will be more common in coming days. It would be best and more convenient to use in our regular life. More faster and easy to use.

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kudosoblique
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December 27, 2017, 11:29:03 AM
 #54

According to statistics, there are now about 1,578 bitcoin ATMs as of October this year (2017). The United States has the most, having 1,239 ATMs.
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December 27, 2017, 02:08:22 PM
 #55

Actually I have no idea how it works and how much it cost for a single transaction, because currently there is no ATM in my country yet. But I heard from someone that Bitcoin ATM charge its user an extremely high fees, like 5-10%, WTF! Based on that fact alone, I prefer not to use it even if I see one here in my country Undecided
Ethereum is still my favorite, the congestion era due to cryptokitties is over now, everything's good Grin

p i e c e
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December 29, 2017, 08:51:26 PM
 #56

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

I have read that in average 2-3 ATMs were installed per day around the world in 2017. And I suppose the pace of this development will rise with the time. This is inevitable process. Cryptocurrencies goes in our daily life.
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