Bitcoin ATM locations on a rapid increase... wow

[NUFCrichard]

I wanted to use a Bitcoin ATM in Manchester, England when I was visiting, but the fees are really high and it is pretty limited, I think you can only get a few hundred out.
I like the idea of them, but if you have to pay 15% in charges at the end of the day, as well as giving up your personal details, I don't think they are worth it.

Local Bitcoins should work much better, but I do understand not wanting to meet with someone to exchange, there are a lot of scammers out there.

[drwhobox]

That's good for your place. the more atm the more investors and curious people are in to invest some money. It's making to withdraw and deposit easy than the useual. the more atms the more can trust bitcoin.

[moonchaser_babylove28]

This means that more and more people are getting into bitcoin for, the demand in atm's would not increase if there is no support for it. We know bitcoin is still young and all of the people who started it shared their story, with those testaments many people are engaging due to big returns.

[mriansa]

October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.

this is not crazy, because the growing bitcoin and the more people recognize bitcoin then bitcoin ATM will be around the world, just waiting for people know about the benefits of having bitcoin.

[buwaytress]

OP, that's a crazy number of ATMs in one city... where are you located? London? NY? We had 2 Bitcoin ATMs in our capital (Kuala Lumpur) - located in trendy, really high-end areas where people would afford Bitcoin I guess. Think this was even in 2014 or so, but they closed down since and I'm not aware of any right now. Population of about 30 million and it wasn't successful then, and unlikely to happen again with the moves by our central bank.

I get why the idea would appeal... but to me it's just as easy as going on localbitcoins to buy a bit of coin. I mean, if people have a hard time understanding how to buy and use wallets, imagine how tough they'd get around using an ATM, no? Never mind the exorbitant fees...

[JimmieA]

October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.

yeah i think that's great. and you should be proud, as well as glad of that. It would be nice if the city i'm living also like yours. The number of btc ATMs in my city can be said to be very small. And now, it's harder , Our government does not like btc .. but no one can deny that btc has a big growth, the quote is increasing of ATM  as you say the easiest thing to see.

[eternalgloom]

There are a lot more ATMs in the US and Europe than in the rest of the world, just have a look at this map: https://coinatmradar.com/

In the grand scale of things, there really aren't that many ATMs if you look at the whole world.
Coinatmradar lists 1778 ATMs in 58 countries, with most of those located in the US and Europe.

Even if you look at Europe for example, they are very thinly spread out across the continent with a couple of cities that have multiple ATMs.

[DoublerHunter]

This is such a huge progress in bitcoin because the atm are keep on increasing rapidly and it means that the people are getting familiarized with bitcoin and i think that is enough to say that bitcoin is becoming popular enough and i hope that more and more countries will get bitcoin atm to spread the word of bitcoin to its citizen.

[asdlolciterquit]

I dont know, not a single on in my country LOL
Do we have to enter our pv key to the ATM? Sounds quite risky to me

let me guess, are you from italy?
we are incredibly late on this kind of thing.

Just to know...what bank provide atm where you can withdraw btc?

[TastyChillySauce00]

Just seeing from that statistic, we can assume that the company that provides all those Bitcoin ATMs which also ofcourse running a bitcoin-based company right now having a good time on earning profit and expanding its coverage, also, the significant increase of all those ATMs also a sign that in your city, there's so many active bitcoin users.
It's kinda a good thing seeing that the adoption of bitcoin day by day keep on increasing, just curious what will happen in the next 5 years.

[johnson4218]

bitcoin atm not the first time. It has taken place in some countries. That shows that bitcoin is becoming more and more popular.

[playadelucas]

If a person is able to buy bitcoin  using the smartphone what is the relevant use to mimic the fiat money ways.

[mOgliE]

It is actually great if the number of btc ATM is increasng... yet I guess, it is not the same everywhere...
Would be great, though, to have a system both easy and accessible to transform btc in money... And when I say so, of course I mean without incredible taxes or unfavourable rates...

ONe day, maybe...

[harrypotter1229]

It's super crazy. I'm curious. What city are you in? It must be a super metropolis, because small places can't grow so fast, and most cities don't have bitcoin ATM

[Klausi]

I wanted to use a Bitcoin ATM in Manchester, England when I was visiting, but the fees are really high and it is pretty limited, I think you can only get a few hundred out.
I like the idea of them, but if you have to pay 15% in charges at the end of the day, as well as giving up your personal details, I don't think they are worth it.

Local Bitcoins should work much better, but I do understand not wanting to meet with someone to exchange, there are a lot of scammers out there.

I think it's much better to have it converted through exchange sites for fiat exchanges rather than bitcoin ATM's, but if its rampant in your local area and yet accessible so I guess its just better to have it even with charges. Banking transactions might be caused some delays and if that bitcoin atm will increase it's number I guess rapid adoptions will also happen so people can now recognize it specially when its accepted local and online transactions.

[kriticko29]

Not a single here in our country. But it is a nice idea to have those in here because many people engage in bitcoin here. I foresee a future with a lot of those in every country.

[carlfebz2]

October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.

In what country you do live? Its amazing that there are already 92 ATM machines being placed which means bitcoin adoption is high on there and unluckily the number of bitcoin atm in my country is on 1 which is being only placed on capital city. Unlucky for those people who do live on province which they would really miss the chance on using it physically but well I do still hope that it would increase even more same on your country. Good to hear this kind of adoption.

[killerfrost]

Fortunately, as more and more Bitcoin ATMs grow around the world, Bitcoin is becoming more and more popular and makes Bitcoin users easier to trade. It is noteworthy that it appears more and more when the government has not yet decided whether to approve it or not. Probably because Bitcoin prices are rising

[Silverstone1111]

October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.

Bitcoin is becoming more and more mainstream. This shows the growth of Cryptos and time when we will be using bitcoin for day to day transaction seems to be very near. Eager for the day when the Bitcoin ATM is installed in every country of the world. Just feels good to image the decentralized financial economy.

[tradecoin247]

theyll be everywhere