Bitcoin Forum
October 16, 2018, 12:59:14 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [28-05-2018] General Bytes Intalls en New Bitcoin ATMs Across Prague Metro  (Read 64 times)
bitzamp.com
Jr. Member
*
Offline Offline

Activity: 140
Merit: 1


View Profile
May 28, 2018, 09:38:48 AM
 #1

General Bytes, one of the largest Bitcoin ATM manufacturers in the world, has installed ten new Bitcoin ATMs spread out across the Prague Metro. With the ten new machines, the Czech Republic will now have a total of 46 Cryptocurrency ATMs and 27 of those devices are located in Prague. A large majority of the

Read More: https://news.bitzamp.com/general-bytes-has-installed-ten-new-bitcoin-atms-across-prague-metro-in-europe/
1539651554
Hero Member
*
Offline Offline

Posts: 1539651554

View Profile Personal Message (Offline)

Ignore
1539651554
Reply with quote  #2

1539651554
Report to moderator
1539651554
Hero Member
*
Offline Offline

Posts: 1539651554

View Profile Personal Message (Offline)

Ignore
1539651554
Reply with quote  #2

1539651554
Report to moderator
1539651554
Hero Member
*
Offline Offline

Posts: 1539651554

View Profile Personal Message (Offline)

Ignore
1539651554
Reply with quote  #2

1539651554
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
bL4nkcode
Copper Member
Hero Member
*****
Offline Offline

Activity: 980
Merit: 578


Beware of Scam and Fraud ICO


View Profile WWW
May 28, 2018, 01:08:37 PM
 #2

That's a bit good news and will prove that bitcoin is highly accepted and used in this place/country especially in europe area.

Tho it might be a good idea if they will integrate some other cryptocurrency instead of bitcoin only (Crypto ATM instead of BItcoin ATM only) Cheesy.

InvoKing
Legendary
*
Offline Offline

Activity: 1190
Merit: 1054


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 28, 2018, 04:00:17 PM
 #3

First, you need to fix the title OP "en"--> "ten".
10 new ATMs is quite serious and imo it reflects how many users using Bitcoin via these machines.



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
gabbie2010
Sr. Member
****
Offline Offline

Activity: 630
Merit: 257


MYCRYPTOBANK.IO


View Profile
May 28, 2018, 04:27:29 PM
 #4

General Bytes, one of the largest Bitcoin ATM manufacturers in the world, has installed ten new Bitcoin ATMs spread out across the Prague Metro. With the ten new machines, the Czech Republic will now have a total of 46 Cryptocurrency ATMs and 27 of those devices are located in Prague. A large majority of the

Read More: https://news.bitzamp.com/general-bytes-has-installed-ten-new-bitcoin-atms-across-prague-metro-in-europe/
Kudos to Czech republic for being friendly to the use of bitcoin thus reaffirmed the country commitment towards adopting and accepting bitcoin as a digital currency by the provision of more bitcoin ATM machines I hope other European countries follow suit so as to promote btc all over the world.



                                            ▄████▀
████▄               ▄████       ▗▟██████████████▄    ▐██████████████████▙▖
██████▖           ▗██████     ▗▟██████████████████▄  ▐████████████████████▌
███████▙         ▟███████    ▄█████          ▀████▀  ▐████            ▀████
█████████▖     ▗█████████   ▐████▀             ▀▀    ▐████            ▄███▌
█████▀████▙   ▟████▀█████   ████▌                    ▐███████████████████▌
█████ ▝█████▄█████▘ █████  ▐████                     ▐████████████████████▙▖
█████   ▜███████▛   █████   ████▌                    ▐████            ▀█████▖
█████    ▝█████▘    █████   ▐████▄            ▄██▄   ▐████             ▐█████
█████      ▀█▀      █████    ▀█████▄▄▄▄▄▄▄▄▄▄██████  ▐████            ▄█████▌
█████               █████     ▝██████████████████▀   ▐█████████████████████▛
█████               █████     ▄████████████████▀     ▐███████████████████▛▘
                             ▀▀▀▀▀▀
MyCryptoBank
CRYPTOBANK FOR CRYPTOCOMMUNITY
.
Legal and Reliable Crypto Bank

▄███████████▄     
██▀       ▐█▀█▄   
██        ▐█  ▀█▄ 
██        ▐█    ▀█▄
██        ▝▀▀▀▀▀▀██
██               ██
██  ███████████  ██
██               ██
██  ██████       ██
██               ██
██▄             ▄██
▀█████████████████▀
WHITEPAPER ──────────────────────────
.
MrBitco.in
Jr. Member
*
Offline Offline

Activity: 41
Merit: 1


View Profile
May 28, 2018, 06:32:27 PM
 #5

Tho it might be a good idea if they will integrate some other cryptocurrency instead of bitcoin only (Crypto ATM instead of BItcoin ATM only) Cheesy.

The ATMs run Bitcoin / Litecoin / Monero and Dash. Smiley  https://services.generalbytes.com/ for a map.
veleten
Legendary
*
Offline Offline

Activity: 1372
Merit: 1026



View Profile
May 29, 2018, 02:16:00 PM
 #6

good news,the more bitcoin ATMs there are around the globe,the more exposure bitcoin will have
and the more adoption there will be,Czech republic is not a big country and the amount of the ATMs they have is impressive
27 ATMs in Prague only! crazy,there are only 5 in total in my country Smiley

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄             
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄       
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   
▀▄            █        ▀▀      █   
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀     
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀               
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
BitHodler
Legendary
*
Offline Offline

Activity: 1050
Merit: 1067


View Profile
May 29, 2018, 02:54:47 PM
 #7

good news,the more bitcoin ATMs there are around the globe,the more exposure bitcoin will have
and the more adoption there will be,Czech republic is not a big country and the amount of the ATMs they have is impressive
27 ATMs in Prague only! crazy,there are only 5 in total in my country Smiley

It is good news, but there are two sides to this. The one aside from the positive side is that these ATMs are very expensive to use, and in some cases very vague just to hide the fact that there is a hefty fee people are subject to.

I get it that there is a business behind them that needs to make profit, but in some cases a fee of $20-$30 gets charged, which is just insane, and then I am not referring to the network fees, but just the operational fee.

If someone for the first time tries to buy Bitcoin through an ATM, the first experience is very important. If that first experience is bad, then that means he will likely not advice any of his friends or family to use it, which isn't good.

People buying Bitcoin for the first time do it with a small amount of money, and if you by surprise find out that you don't have $100 worth of Bitcoin but just $75, then it will definitely sting badly. They have to become transparent.

veleten
Legendary
*
Offline Offline

Activity: 1372
Merit: 1026



View Profile
May 30, 2018, 07:52:07 AM
 #8

good news,the more bitcoin ATMs there are around the globe,the more exposure bitcoin will have
and the more adoption there will be,Czech republic is not a big country and the amount of the ATMs they have is impressive
27 ATMs in Prague only! crazy,there are only 5 in total in my country Smiley

It is good news, but there are two sides to this. The one aside from the positive side is that these ATMs are very expensive to use, and in some cases very vague just to hide the fact that there is a hefty fee people are subject to.

I get it that there is a business behind them that needs to make profit, but in some cases a fee of $20-$30 gets charged, which is just insane, and then I am not referring to the network fees, but just the operational fee.

If someone for the first time tries to buy Bitcoin through an ATM, the first experience is very important. If that first experience is bad, then that means he will likely not advice any of his friends or family to use it, which isn't good.

People buying Bitcoin for the first time do it with a small amount of money, and if you by surprise find out that you don't have $100 worth of Bitcoin but just $75, then it will definitely sting badly. They have to become transparent.


yes,I see your point,but even if it is a rip-off in some cases (which is not always,some ATMs have decent rates)
but then again,it is a business,so if the owner sees that people are not using the ATM,he will adjust the fees and make it more competetive
in any case,I think the "pros" outweigh the "cons" by far
someone totally new to bitcoin will not be able to buy straight away,you usually need a wallet to do so Smiley
so it will be an incentitive to get home,read more about the whole idea,find out some details and this is what makes ATM awesome IMHO




.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄             
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄       
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   
▀▄            █        ▀▀      █   
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀     
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀               
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
Samarkand
Sr. Member
****
Offline Offline

Activity: 476
Merit: 271


View Profile
May 31, 2018, 09:43:48 AM
 #9

Tho it might be a good idea if they will integrate some other cryptocurrency instead of bitcoin only (Crypto ATM instead of BItcoin ATM only) Cheesy.

The ATMs run Bitcoin / Litecoin / Monero and Dash. Smiley  https://services.generalbytes.com/ for a map.

Is it also possible to sell BTC/LTC/... at the General Bytes ATMs?
I couldn´t find any information on the homepage regarding this.

Or are only cryptocurrency purchases possible using these ATMs?
1Referee
Legendary
*
Offline Offline

Activity: 1666
Merit: 1204


View Profile
May 31, 2018, 02:17:48 PM
 #10

Is it also possible to sell BTC/LTC/... at the General Bytes ATMs?
I couldn´t find any information on the homepage regarding this.

Or are only cryptocurrency purchases possible using these ATMs?

It depends. General Bytes has a few products that it offers, where per product it differs what you can do with it, but it certainly is possible to buy and sell if you go for the higher end models.

https://www.generalbytes.com/products/

I like how simple and quite affordable they are, but that's not the main problem unfortunately. If you want to have them operate legally, you have to obtain the proper licenses, and this can turn out to be a very expensive and time consuming process. In the US, obtaining such a license can turn out to cost you over $150,000 which is insane, and then you also have to deal with +$100,000 renewal cost after whatever period of time. Operating an ATM is definitely not as easy as some people think.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!