Boston has a Bitcoin ATM

[quone17]

Has anyone used it?  There is an article in the press section about the "first" Bitcoin ATM but not sure if this one was first or not.

http://www.boston.com/blogs/news/opinion/bostoncomment/2014/02/south_stations_bitcoin_atm_sign_of_things_to_come.html

What can I even do with it?  I'm a little embarrassed to be seen at it frankly, unless it becomes more popular.

[JammyDodger]

The first bitcoin machine in the US was installed around 24 hours before this 1 in new Mexico. I'd have no problems using a bitcoin ATM, as long as the rates are good enough of course

[adub]

The first bitcoin machine in the US was installed around 24 hours before this 1 in new Mexico. I'd have no problems using a bitcoin ATM, as long as the rates are good enough of course

yep, enchanted Bitcoins first.

[govbtc]

 

[AlexisR]

Has anyone used it?  There is an article in the press section about the "first" Bitcoin ATM but not sure if this one was first or not.

http://www.boston.com/blogs/news/opinion/bostoncomment/2014/02/south_stations_bitcoin_atm_sign_of_things_to_come.html

What can I even do with it?  I'm a little embarrassed to be seen at it frankly, unless it becomes more popular.

Wow, that shows progress.. and in Boston?  I wonder how long it will be until we see one in every state. 

[DanielVG]

any news about ATM's in europe?

[cRazY dWarF]

it will take time to spread all over the world... and at least you cannot rob it phisicaly

[CJYP]

Used it today.
It's really simple - you need a qr code corresponding to the address you want it sent to, and you need cash. They may ask for id if you buy more than a certain amount of $ worth of bitcoin - it was around $500. They asked me to fill out a form if I wanted to deposit that much (I didn't want to anyway, so I don't know what happens).
It pays a .0001 btc transaction fee, so it will get included in a block.
https://www.biteasy.com/blockchain/transactions/e6b847b5d21e3d52d3a58e16e6e1b8f1c9347ae1c09a2d73ad152dd582312a89

[DrHerbSmoker]

this is absolutly the best news ive had all day

[erik777]

Used it today.
It's really simple - you need a qr code corresponding to the address you want it sent to, and you need cash. They may ask for id if you buy more than a certain amount of $ worth of bitcoin - it was around $500. They asked me to fill out a form if I wanted to deposit that much (I didn't want to anyway, so I don't know what happens).
It pays a .0001 btc transaction fee, so it will get included in a block.
https://www.biteasy.com/blockchain/transactions/e6b847b5d21e3d52d3a58e16e6e1b8f1c9347ae1c09a2d73ad152dd582312a89

What was their fee and exchange rate?

[CJYP]

Their exchange rate was $590 when I bought, while Coinbase was at $550. I have no way of knowing if that was just lag in changing their rate, or if that's how they make money. My guess would be the former because of how fast the rate was going down today (they probably use a 24 hour average or something), but it might be 50/50. The only fee they explicitly charged was the .0001 btc transaction fee.
EDIT - There may have been a small fee and I didn't notice - I honestly just wanted to deposit $20 to say that I did, and I was talking to the people who set it up the whole time, so I wasn't paying much attention.

[Malexo]

Ive actually been thinking about bitcoin investing and Im starting to think that investing in an ATM machine might make more fiscal sense than investing in mining gear.
im pretty much "IN" when it comes to mining and one could say im addicted to it, but at the same time, I think owning an ATM machine would be awesome (assuming you found a very secure location for it).

anyone know how to buy these?

[li_ink]

The first bitcoin machine in the US was installed around 24 hours before this 1 in new Mexico. I'd have no problems using a bitcoin ATM, as long as the rates are good enough of course

but the btc price continue go down 

[pylOuf]

ATM will be more and more popular!

[tskweres]

So awesome, can't wait to see these all over the states!

[thecoinjournal]

Has anybody tried?

[grifferz]

Has anybody tried?

The person 8 posts before yours?

Sheesh.

[Armis]

it will take time to spread all over the world... and at least you cannot rob it phisicaly

Sure you can rob it physically, remember the bitcoins are coming out, but the cash is going in.


 

[Armis]

Their exchange rate was $590 when I bought, while Coinbase was at $550. I have no way of knowing if that was just lag in changing their rate, or if that's how they make money. My guess would be the former because of how fast the rate was going down today (they probably use a 24 hour average or something), but it might be 50/50. The only fee they explicitly charged was the .0001 btc transaction fee.
EDIT - There may have been a small fee and I didn't notice - I honestly just wanted to deposit $20 to say that I did, and I was talking to the people who set it up the whole time, so I wasn't paying much attention.

Coinbase btc price is highest in exchange market, and the atm is even higher, well for the difference in time it's a great deal

[Armis]

The first bitcoin machine in the US was installed around 24 hours before this 1 in new Mexico. I'd have no problems using a bitcoin ATM, as long as the rates are good enough of course

but the btc price continue go down 

that's where you want to buy -- low


don't be sad, just buy