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Author Topic: Bitcoin ATM increasing at rapid rate.... update  (Read 1042 times)
Dfinest
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October 09, 2017, 07:27:25 AM
 #21

There are only 2 ATMs at the moment in my country and all of this 2 are in our capital city. It's a bit depressing to see that almost all of our neighboring countries have more ATMs.
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October 09, 2017, 07:56:08 AM
 #22

I am very excited to hear that there is rapid increase in Bitcoin ATM in some countries. I just have to celebrate with the citizens of those countries. In my country we do not have anything like Bitcoin ATM so I only see it on the internet. I am only having hope that one day we will have Bitcoin ATM in my  country.
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October 09, 2017, 08:07:37 AM
 #23

Bitcoin is really increasing and the demand is get high almost every month, because much more people are beginning to value you more than before 
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October 09, 2017, 08:39:29 AM
 #24

With a considerable increase of Bitcoin ATM machines, I don't think that it automatically translates to growth but an opportunity for these businessmen to lure out new people in the Bitcoin world. With my personal experience the exchange rates in Bitcoin atms are not fair favoring the business owner of the atm machines. Even though it is not safe I would still recommend people in selling their own Bitcoin or buying Bitcoin in another way aside from using Bitcoin atms.

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paolo099
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October 09, 2017, 08:46:55 AM
 #25

in the small country i'm living in there are a whole 20 BTC atm machines and, by the look of it (there is only one in my city) people likes it a lot, you can always find somebody using it.
Weird enough in my home country (Italy) there are only 11 and not a single one in capital city or big city like Milan
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October 09, 2017, 08:48:32 AM
 #26

I haven't heard one in my country, I think someone said that ther e is one in makati Philippines. But I don't live there, maybe I'll have a chance if I travel sometime. On my province there is no such thing yet. I'm in a small province with 6 towns only. And As far as I know, we who uses bitcoins here only convert it to fiat via remittances and banks .
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October 09, 2017, 08:50:38 AM
 #27

I remember it was a topic with some luxury things we can buy with BTC,and there is also mentioned ATM machine.It seems to be a very profitable investment because ROI is less than a year,but it depends where is ATM located,big or small city.

If we look in map of available ATMs in the world USA is convincingly in the first place with 1028 ATMs,Canada is following with 257 ATMs and best Europe country is UK followed by Austria and Spain.It is interesting that Japan have only 16 location so far,considering they have some big plans for cryptocurrency this number should go up in future.

https://coinatmradar.com/countries/

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Opquar
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October 09, 2017, 09:10:01 AM
 #28

I wish there were one in my area. Even if there aren't many users, the exposure should benefit everyone in the future. If I've been hearing about Bitcoins for a while now and I see a Bitcoin atm while strolling somewhere, I'd google that for sure.
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October 09, 2017, 09:33:43 AM
 #29

It's a good news for bitcoin world. Here in my place, there is only one Bitcoin ATM. It's been 3 years now since I found out that this city has it, but until now it remains the only one machine, so far there are still no additionals. Hopefully, a lot of people also here will have an interest in it in the coming years.
senne
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October 09, 2017, 10:42:35 AM
Last edit: October 09, 2017, 03:44:03 PM by senne
 #30

With proper rules and regulations coming in support of Bitcoin, government is ready to give people facilities related to Bitcoin and one such thing is Bitcoin ATM. You can mark this as a beginning of new era. With the coming of Bitcoin ATM, Bitcoin can easily be exchanged and the best fastest way to exchange for local currencies. Also, it will help the locals to know more about Bitcoin and soon Bitcoin transactions at local stores may be more frequent than ever.
Fasdartin
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October 09, 2017, 10:48:37 AM
 #31

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.
in my country i don't know if there's an ATM (automated teller machine ) in bitcoin because every time when i go to sm and other store i only see some atm like BPI ,BDO, and other but i don't see atm about bitcoin. i think in my country its only have an online atm in coins.ph (because my country is Philippines) it is the site or online money wallet i know that bitcoin was . but in the atm i don't see . but its good for you that there's an atm machine of bitcoin in your country i hope that there's have in my country
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October 09, 2017, 11:45:38 AM
 #32

I haven't heard one in my country, I think someone said that ther e is one in makati Philippines. But I don't live there, maybe I'll have a chance if I travel sometime. On my province there is no such thing yet. I'm in a small province with 6 towns only. And As far as I know, we who uses bitcoins here only convert it to fiat via remittances and banks .

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.
in my country i don't know if there's an ATM (automated teller machine ) in bitcoin because every time when i go to sm and other store i only see some atm like BPI ,BDO, and other but i don't see atm about bitcoin. i think in my country its only have an online atm in coins.ph (because my country is Philippines) it is the site or online money wallet i know that bitcoin was . but in the atm i don't see . but its good for you that there's an atm machine of bitcoin in your country i hope that there's have in my country

To my knowledge there is a great interest for bitcoin in the Philippines based on how many users are interested in faucets from there.If you click on link I posted above you will see that is 4 ATMs in Philippines and all are in Manila.Since the Philippines a state with a lot of islands,many far away from capital only 4 ATMs is in any case not enough.But if you visit Manila use that map to find one of available.


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DoublerHunter
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October 09, 2017, 12:47:25 PM
 #33

It is a no surprise for me to see that the rate of atm of bitcoins is growing rapidly because it is too obvious that bitcoin is getting better and better and soon the people will accept it more than what we expect and if bitcoin will have a stronger foundation from its community and other supporters then we can just see rapid increased in bitcoin atms but also in adoption.
joseafonso123az
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October 09, 2017, 01:00:53 PM
 #34

You all are very lucky, because in my city, there is none!! Embarrassed

We are two in00, no BTC ATM's were I live, and I am pretty sure that most people here don't really know about BTC. But it's reat to hear that some countries are adopting it and making it easy to transact BTC to fiat and vice-versa! Hopefully BTC suffers the globalization and more countries start getting into BTC and exploring it's beauty!
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October 09, 2017, 01:13:39 PM
 #35

I think this is a good thing in places where in people accepts Bitcoin and are open to the idea of decentralized currency, in my country, we do not have Bitcoin ATMs, what we do is to print them out and use paper wallets, if we wanted to hold them, but its a good thing that we have at codes, wherein some establishments just scan the code if we would like to use bitcoins as payment. An increase it Bitcoin ATMs only means that a lot of people are beginning to use bitcoins for transactions and soon, Bitcoin ATMs will be scattered as well just like ATMs we use with banks, hopefully we see them in my country someday.
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October 09, 2017, 01:42:56 PM
 #36

There is nothing to get surprise in this.Mass adoption of bitcoin is taking place all over the world.Day by day,more people are getting crazy to know about bitcoin.Earlier,only few people knew about bitcoin.So,there was no need for more bitcoin ATMs to be installed.But now,with increasing bitcoin users,industries related to bitcoin is rapidly increasing and new companies were entering the crypto field.Similarly,service providing companies have also found bitcoin field as an ever growing business.So,they have started to install large number of bitcoin ATMS.
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October 09, 2017, 02:05:39 PM
 #37

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.

That's good to hear. Looking at the growth and emergence of bitcoin atm all over the world, and not to mention, there are also other atm that supports bitcoin. It warms my heart and gives me assurance that we are moving to the top and regardless of other countries making a scene with banning bitcoins, we know the world sides with us. This is a sign that bitcoin is growing.
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October 10, 2017, 03:14:35 PM
 #38

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.

That's good to hear. Looking at the growth and emergence of bitcoin atm all over the world, and not to mention, there are also other atm that supports bitcoin. It warms my heart and gives me assurance that we are moving to the top and regardless of other countries making a scene with banning bitcoins, we know the world sides with us. This is a sign that bitcoin is growing.
Bitcoin ATM implementation all around the world gives positive energy to the users. This provides them the easier accessing opportunity, and can roam around just holding the cards. But surely this would be having certain limitations in the usage for certain services as well purchase.
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October 10, 2017, 03:19:02 PM
 #39

It would be nice to know which countries people are talking about?
In my country (ireland) as far as i know there are none  Roll Eyes
I wonder as far as europe is concerned where are the machines located?

We know Italy has 11 and Ireland 0

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October 10, 2017, 04:04:01 PM
 #40

your city 10 steps ahead, than my city, let Bitcoin ATM, there are still many around this city who do not want to accept and do not even want to know about Bitcoin .. Cheesy

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