cryptowritedu (OP)
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May 15, 2018, 11:02:13 AM |
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How do botcoin ATMs work?
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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rose9696
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May 15, 2018, 11:08:24 AM |
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How do botcoin ATMs work?
That would not be possible with Bitcoin. Because the founder and operator of bitcoin was anonymous and no one could know what he was doing. Therefore Bitcoin ATMs will not be available. But I believe in the revolution of Crypto, there will be altcoins doing this to beat the bank of the world. I hope Hashcard and Credits can do this. |
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solopay669
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May 15, 2018, 12:20:53 PM |
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better see the review on YouTube)
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xanaxxx
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May 15, 2018, 12:22:08 PM |
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How do botcoin ATMs work?
I don't know about botcoin, but bitcoin ATMs let you put your cash in it and deposit funds into your bitcoin online wallet, depending on which wallet service they cooperate with. It's easy and straightforward process |
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Hawley
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May 15, 2018, 01:39:17 PM |
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i guess there is a chance to stand the bitcoin atm's its look like like paypal and also can help to widraw the money in the atm's if there's a bitcoin atm's right now i will use it bank account's not safe anymore and i saw it in my facebook account there atm account and there money was stolen and the money was to amount was too small and they wondering who is guilty the hacker or the atm's bank account.
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n0ne
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May 15, 2018, 06:21:34 PM |
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It is same as that we make use of the normal ATM. In simple terms it is similar to the trade we make through exchanges. Compared to the past now the use of bitcoin atm services has decreased a lot due to the increased withdrawal fee. People find it better with exchanges, and it has caused removal of lot of bitcoin Atm from different locations.
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Nuex
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May 15, 2018, 06:31:07 PM |
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I just heard there is ATM bitcoin and how its performance I do not know.
if indeed there is Atm bitcoin very interesting to learn how to work ..
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ManaMan
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May 15, 2018, 06:33:19 PM |
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It is same as that we make use of the normal ATM. In simple terms it is similar to the trade we make through exchanges. Compared to the past now the use of bitcoin atm services has decreased a lot due to the increased withdrawal fee. People find it better with exchanges, and it has caused removal of lot of bitcoin Atm from different locations.
Not to mention that price is higher there as well. As mostly what they are doing is reselling from one or another popular exchange where you can go and signup today to be able to buy/sell bitcoin. Plus I've also heard that some of them require KYC, image of your password and all that, then it's better to go with online exchanges as when you get verified there you can use them for as long as you need them, if they exist. |
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LeGaulois
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Top Crypto Casino
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May 15, 2018, 06:44:40 PM |
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How do botcoin ATMs work?
That would not be possible with Bitcoin. Because the founder and operator of bitcoin was anonymous and no one could know what he was doing. Therefore Bitcoin ATMs will not be available. But I believe in the revolution of Crypto, there will be altcoins doing this to beat the bank of the world. I hope Hashcard and Credits can do this. I think you have no idea what you are talking about and you're just another shitposter in this forum There are a lot of Bitcoin ATM worldwide and the fact that Satoshi is "anonymous" has nothing to do here. It doesn't even matter... @rose9696 It's just a simple machine like the traditional bank ATM. Some can be used to buy only and some to do both buying and selling. Usually for selling an ID verification is needed and the machine takes a picture of your face |
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acord00
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May 15, 2018, 06:49:36 PM |
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Bitcoin ATM machine can scan the hands of users and can make transactions up to US $1000 per day between paper currency with Bitcoin. Not only that, customers can access cash trading in Bitcoin or access Bitcoin sales and exchanges on all internet sites.
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PeRo
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May 15, 2018, 06:55:30 PM |
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It is a machine on which you can trade fiat for Bitcoin (on some even Litecoin and Etheteum) and vice versa. You have plenty of tutorials- guides on how they are used. Basically, you put in fiat and scan the qr code from your phone so the machine can send Bitcoin or send Bitcoin and when the transaction is confirmed you can use the reciept you get to withdraw the cash. Many people say that the rates are innacurate, though.
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Spontebob
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May 16, 2018, 02:29:23 PM |
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How do botcoin ATMs work?
That would not be possible with Bitcoin. Because the founder and operator of bitcoin was anonymous and no one could know what he was doing. Therefore Bitcoin ATMs will not be available. But I believe in the revolution of Crypto, there will be altcoins doing this to beat the bank of the world. I hope Hashcard and Credits can do this. Bitcoin ATM's are available not only in the Philippines but in some countries too (better look it up here https://coinatmradar.com/countries/). There are 10 Bitcoin ATM's and some of it is available 24/7. I've seen an article which stated The ATM imposes a fee amounting to 3% from the bitcoin price and we can buy bitcoin on it where QR Codes appears. |
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johanesrobin
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May 16, 2018, 03:23:00 PM |
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I have not even seen how a bitcoin ATM looks.
I live in a closed country with bitcoin technology, so I do not expect to use bitcoin ATM.
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nydiacaskey01
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May 16, 2018, 03:28:55 PM |
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How do botcoin ATMs work?
That would not be possible with Bitcoin. Because the founder and operator of bitcoin was anonymous and no one could know what he was doing. Therefore Bitcoin ATMs will not be available. But I believe in the revolution of Crypto, there will be altcoins doing this to beat the bank of the world. I hope Hashcard and Credits can do this. You should have searched first before giving your thoughts on Bitcoin ATM. There's a lot of Bitcoin ATMs all over the world now. The number of Bitcoin ATMs may not be comparable to the regular ATMs owned and operated by a Bank but for sure the number is growing as Bitcoin is starting to gain ground in different countries. Here is a map of Bitcoin ATMs all over the world https://coinatmradar.com/ |
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gilangIDR
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May 16, 2018, 03:34:20 PM |
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How do botcoin ATMs work?
The way the bitcoin atm is the same as the conventional atm. The way it works is that we have a smartphone device, then there's a barcode that will instruct us to do some bitcoin delivery. Well when the transaction is already in the verification then we will immediately get the money we want. But quite unfortunate because at this time bitcoin atm is still limited and not many facilities available in various places. |
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babyshaun
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May 16, 2018, 03:37:33 PM |
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How do botcoin ATMs work?
ATm Machine is a selected area before you doing a transaction you just read how to work Bitcoin ATM machine thay have a tutorial via read only theres a no different how to transact in a normal atm machine.. much preffered just view in youtube theres a lot of tutorial i think so or google it.. |
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bitfocus
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May 16, 2018, 03:42:46 PM |
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You can get detail about Bitcoin ATM and how they works on youtube,
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localcoinatm
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May 16, 2018, 04:01:15 PM |
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Bitcoin ATMs are machines used to purchase Bitcoin with cash. Our ATMS provide users with the options to buy Bitcoin, Litecoin and Ethereum. We require no ID verification, up to $9995 CAD per transaction and you get your bitcoins sent to your address almost instantly. We are the largest ATM providers in Ontario, Canada with exclusive partnership to be in the Toronto Subway line. You can find out a little bit more about us at www.localcoinatm.com. Of course, every country and company operates differently. Bitcoin ATMs are definitely here to stay and anyone can learn how to use one within 30 seconds. All you need is a bitcoin address QR code, and some cash. |
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jemerson1420
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May 16, 2018, 04:03:22 PM |
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i dont now im newbie
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poletando
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May 16, 2018, 04:11:09 PM |
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usually bitcoin ATM is made by the exchanger, why? because the exchanger is want to accept your bitcoin as many as you can and i think it will good for the user that they can sell thir bitcoin fast without find the buyer of your bitcoin but the ATm is the answer, ATM can swap your bitcoin in to a money or from the money into ATM,
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