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Author Topic: Bitcoin ATM's  (Read 993 times)
Distinctin
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January 03, 2019, 08:27:26 AM
 #81

In fact, I have little experience with bitcoin ATM which I easily convert my bitcoin in fiat. But, I prefer to use my online wallet which I can also convert bitcoin into fiat. This kind of machine will help all people who have bitcoin so if they need to have fiat they can use this machine.
It's helpful if you are travelling in different countries, but since I don't love to travel, ATM is not really that important to me as I can directly
transfer my money from my local exchange to my bank account. With the increasing no. of ATM, this would help to attract the curiosity of the people, eventually they'll learn about crypto currency.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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valentin68
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February 13, 2019, 01:35:43 PM
 #82

 In Bucuresti, Romania, there are 9 or 10 Bitcoin ATMs, in Romania there are 30 Bitcoin ATMs.
 In Bucuresti you can buy Bitcoin in about every food store, every Supermarket.

One can pay with his NFC smartphone on every Food Store and Supermarket in Bucuresti.





  

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February 14, 2019, 07:27:58 AM
 #83

A good idea. Bitcoin ATM, that would be Bitcoin's future. When it is recognized by the world, of course this will happen without any thought.
Everyone can withdraw cash at ATMs that use credit cards with BTC to trade, which is really convenient, useful for life. I believe this will become a reality.

Agree. Making cryptocurrency connected with real paper money is the first step in making it global.
Psychical money is here to stay for several years to come, might as well make it compatible with crypto to kickstart the takeover.

BTM Department - BitcoinVN - https://bitcoinvn.io/ [Vietnam's premier Bitcoin Exchange Service] - https://btm.bitcoinvn.io/ - www.twitter.com/BitcoinATMHCMC
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February 14, 2019, 07:35:03 AM
 #84

A few years ago when you could get 0.06 for £20 I tried one out just for the experience, It was smooth and very quick although the 6% charge was a bit much.  There are many more options nowadays to get some bitcoin, I would like to try the reverse btc to fiat but I guess the fee will be quite high?
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February 14, 2019, 07:35:53 AM
 #85

In fact, I have little experience with bitcoin ATM which I easily convert my bitcoin in fiat. But, I prefer to use my online wallet which I can also convert bitcoin into fiat. This kind of machine will help all people who have bitcoin so if they need to have fiat they can use this machine.
It's helpful if you are travelling in different countries, but since I don't love to travel, ATM is not really that important to me as I can directly
transfer my money from my local exchange to my bank account. With the increasing no. of ATM, this would help to attract the curiosity of the people, eventually they'll learn about crypto currency.

Also with the new bi-directional machines, people will be able to deposit cash where ever there is a BTM and send those money world-wide. Who knows how many people have wanted that to be an option through the years.

BTM Department - BitcoinVN - https://bitcoinvn.io/ [Vietnam's premier Bitcoin Exchange Service] - https://btm.bitcoinvn.io/ - www.twitter.com/BitcoinATMHCMC
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February 14, 2019, 01:07:45 PM
 #86

ATM machine were installed in my country about 2 years ago and many of these ATMS are majorly for purchase purposes because they aren't meant for Bitcoin dispense. Though we are looking out for bitcoin dispense machine(ATM) in the nearest future when Bitcoin will be accepted and adopted globally as a currency.

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