JimmyButlerCollector (OP)
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October 08, 2017, 06:08:14 PM |
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In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.
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Svelto
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October 08, 2017, 06:25:37 PM |
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Wow, this is good news to hear. It means the demand for bitcoin is increasing in your city. Out of curiosity, what is the fees for buying and selling Bitcoin using the atm in your city?
IMO, if the fee is less than 10%, it is still reasonable for the conveniences.
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carcassone
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The Experience Layer of the Decentralized Internet
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October 08, 2017, 06:26:27 PM |
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In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.
They are provided by the same issuer or there are several brands for these ATM machines? PS where you come from  =? |
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JimmyButlerCollector (OP)
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October 08, 2017, 07:09:01 PM |
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Buying bitcoin fee is around usually around 10%-25% depending on the ATM. Some ATM have 3% fee. There are a few different brands.
Selling bitcoin is 0% fee.
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Trofo
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October 08, 2017, 07:13:01 PM |
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In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.
I get really depressed when I read things like this. My country has 4 bitcoins machines so I consider myself really lucky to live in a city with one  Hopefully the trend will come to other parts of the world as well. |
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Kaller
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October 08, 2017, 07:17:58 PM |
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Bitcoin ATMs are the most underrated form of buying/selling Bitcoin there is. It is just too bad the rates tend to be much higher than other methods.
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in00
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October 08, 2017, 07:19:24 PM |
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You all are very lucky, because in my city, there is none!!  |
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socks435
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Privacy is always important
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October 08, 2017, 07:21:13 PM |
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Well that was honestly good news its a sign that bitcoin is getting more impression in your city but here in my country we only have 4 atm machine but last 2 years ago we only have 1 atm but after 2 years added 3 atm bitcoin machine and hope they can spread bitcoin atm more in every region in my country the rate is just like you are buying in exchanges with 2.5% buy rate and sell rate.. and hope they can decrease the fee rate for exchanges..
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Solving blocks can't be solved without my rigs.
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Wandika
Sr. Member
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Activity: 508
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In CryptoEnergy we trust
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October 08, 2017, 07:23:34 PM |
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In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.
I get really depressed when I read things like this. My country has 4 bitcoins machines so I consider myself really lucky to live in a city with one Hopefully the trend will come to other parts of the world as well. In my country ,I heard there is one already though it's still fine since more bank were putting some options to convert btc to our fiats and cash it out easily. |
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JimmyButlerCollector (OP)
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October 08, 2017, 11:35:24 PM |
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I'm sure as the price gets more stable, fees will lower.
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jseverson
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October 09, 2017, 02:51:17 AM |
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In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.
Where are you from OP? 50% increase in four months, that's a pretty rapid expansion, especially considering there were only 3 a few years ago. We have a grand total of 4 in my country, and in rather close proximity to each other. I wish there was one in my vicinity because I honestly have no idea how one would work. Do they give better rates than your local exchanges, or are they charging a hefty convenience fee? Are there maximum withdrawal amounts? |
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Mysterious01
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October 09, 2017, 02:58:16 AM |
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In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.
Wowh your so lucky, what country is that? I am hoping also that someday our government will realize and accept bitcoin like in your country. This will be a big help to all bitcoin lover. |
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Gotumoot
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October 09, 2017, 03:35:50 AM |
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Due to the fact that gradually the bitcoins are accepted. And it will not prevent so that we prepare new henarasyo that money is no longer needed and our world will be measured fairly poor not rich. Let us now prepare that the world will not be covered by evil and will not rob us. This is the beginning of the crypto revolution and we will soon be able to use it
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Ewox
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October 09, 2017, 03:41:17 AM |
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How I wish there'd be Bitcoin ATM machines in our country and area too. At least I won't have to transfer my funds to my bank and then withdraw it from the machine. Hopefully there'd be Bitcoin Debit Card too so I can just place my money there and don't really have to go far and travel just to get my cash.
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Russlenat
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October 09, 2017, 04:14:03 AM |
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Wow, this is good news! many ATM provider adopt the cryptocurrencies now a days. I also hope that they put ATM machine on my locality so I can enjoy the benefits of it. Because at this time we don't have even a single one.
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Trofo
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October 09, 2017, 06:53:46 AM |
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In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.
I get really depressed when I read things like this. My country has 4 bitcoins machines so I consider myself really lucky to live in a city with one Hopefully the trend will come to other parts of the world as well. In my country ,I heard there is one already though it's still fine since more bank were putting some options to convert btc to our fiats and cash it out easily. The bank option is a no go for many BTC users. It defeats the whole purpose of anonymity. BTC cash machines are installed by 3rd party and theoretically you can do your transactions without government monitoring you. And anyway if you don't have problems using your bank account you can get payments from some exchanges directly to it and you can buy BTC with your card. |
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n0ne
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October 09, 2017, 07:02:21 AM |
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Wow, this is good news! many ATM provider adopt the cryptocurrencies now a days. I also hope that they put ATM machine on my locality so I can enjoy the benefits of it. Because at this time we don't have even a single one.
Bitcoin ATM's have made a big change in the accessibility of bitcoin as well other conventional money. I'm not sure about the present atm implementation, but in the past ATM's had a high transaction fee for which several ATM's around different parts of the world has been taken away from usage. |
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junoreactor
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October 09, 2017, 07:05:32 AM |
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In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.
Sounds cool. Where do you live bro? |
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rido
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October 09, 2017, 07:10:17 AM |
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atm which is amazing because atm that will never break and maybe to make it need money very much i want to go see atm bitcoin in bali ,, whether it will materialize or not. |
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Scorpion
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October 09, 2017, 07:12:34 AM |
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There's more ATMs in my area as well, I've only used it once and it's quite a fascinating experience to see it operate smoothly see the physical manifestation of the blockchain and also it's great way to raise awareness to Bitcoin too.
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