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Author Topic: Bitcoin ATM locations on a rapid increase... wow  (Read 680 times)
sindikat
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November 09, 2017, 03:22:39 PM
 #41

I've never seen a bitcoin ATM. In my city they are not. I generally treat with great skepticism to such ATMs. Who can tell me why they are needed? Probably only for those who want to have cash and not to leave their traces. I'm not doing anything illegal and therefore easily deduce bitcoin through the exchange to a Bank card. Why should I pay such a high percentage as in the ATM?
Theb
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November 09, 2017, 03:30:27 PM
 #42

Remember my fellow members that Bitcoin ATMs are a business of people and usually the rates are will be in favor of the business owner. If you are looking for value and does not want to be outsmarted by these kinds of businesses you need to find another way to Buy or Sell your Bitcoin as you won't be getting your 1 dollar to a dollar trade with these kinds of interest rates.

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jc89
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November 09, 2017, 05:28:51 PM
 #43

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.

That's great to hear, man! I believe it's somewhere in one of the biggest cities in US? Well here in my country, there's not a single btc atm yet. Maybe btc isn't quite big yet here and even if the demand is high here in PH I think having btc atm isn't profitable. As harsh as it may sound but the people here would rather receive coins here for free 0and not buy it in any exchange that's why atm's aren't needed as of the moment.

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mrayazgul
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November 26, 2017, 11:36:32 AM
 #44

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.

Glad to see Atm machine which support bitcoins in your country but can you tell us which country you belongs to ?  Where you live in and city ? Let me confirm because i haven't heard such news neither its appeared on social media. If this news true then its good for bitcoins more people aware about it more it increases.
ASKoranteng
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November 26, 2017, 11:43:28 AM
 #45

Bitcoin ATM locations are a rapid increase. This will boost and enhance bitcoin transactions.
Phalo
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November 26, 2017, 01:09:33 PM
 #46

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

No you are not the only one who cares about this. My city has only one I don't even know if it still operates. I think the fact that in your city theres an increase, is a very good sign for bitcoin. If I had money I would operate a machine as well.
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November 26, 2017, 01:23:50 PM
 #47

actually from which countries OP come from because over than 100 bitcoin ATM available is very good and probably those countries was support bitcoin and aware to bitcoin users but sadly only few bitcoin ATM available in my country even those ATM was very far to reached because if i had to visiting it then i have to drive over than 2 hours from my location
Uao
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November 26, 2017, 01:32:05 PM
Last edit: November 26, 2017, 01:59:46 PM by Uao
 #48

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.

I see 1863 Bitcoin ATMs currently, if I'm not misreading this https://coinatmradar.com/charts/#growth

EDIT: I thought we were discussing global, not regional.
athanz88
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November 26, 2017, 01:52:28 PM
 #49

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 city do you live? That is quite some progression for bitcoin ATM for the moment. I can imagine how convenient it is to have an ATM that use bitcoin, for people who uses bitcoin.
Sadly, my country once stated that it doesnt support bitcoin and the transaction using bitcoin will not be a responsibilty of my country, but last time i heard they will study and learn about this bitcoin matters, and i hope my country can agree with bitcoin and then we can have that Bitcoin ATM too. So envy of you.
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