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Author Topic: Bitcoin ATM's are popping up  (Read 1034 times)
qtronix
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February 02, 2019, 09:54:07 PM
 #61

Now these topics are very relevant. I have already met a lot of posts on the forum, which said that in some place open or already working bitcoin ATMs. I am very pleased, because it is really convenient and, importantly, also reinforces the interest in crypto in other people. After all, we are aimed at expanding our cryptocommunity.
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February 02, 2019, 11:58:26 PM
 #62

Now these topics are very relevant. I have already met a lot of posts on the forum, which said that in some place open or already working bitcoin ATMs. I am very pleased, because it is really convenient and, importantly, also reinforces the interest in crypto in other people. After all, we are aimed at expanding our cryptocommunity.
It might be convenient but you must be sure that it is place on the right and safe place or else your money will be taken away by a greedy people. Good to see more bitcoin machines, this is a step closer for a great adoption of every government and of course the ordinary people
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February 03, 2019, 03:43:09 PM
 #63

Some businesses in the Las Vegas area have Bitcoin ATM (automated teller machine) for their customers to use:

https://www.youtube.com/watch?v=BrL4Zgr6vfw&t=

Opening ATM machines is great and it can be very useful if implemented properly because when placing an ATM machine to do bitcoin transactions such companies should consider many things such as the type of people live in that area, There knowledge about technology, average age (because younger generation is attracted to digital currencies that older people), Government view regarding bitcoin and many more and if implement bitcoin ATM project by considering such facts I think the effective rate is much higher

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February 03, 2019, 04:46:08 PM
 #64

Some businesses in the Las Vegas area have Bitcoin ATM (automated teller machine) for their customers to use:

https://www.youtube.com/watch?v=BrL4Zgr6vfw&t=
We have here in our country a bank that can encash or automatically converted our bitcoin into fiat, we can instantly withdraw our bitcoin through that ATM machine with that bank after we transact in online for encashment. It is only one bank that has a cardless transaction, but if we have an account to other banks we can also transfer our bitcoin to our account and will also automatically converted into fiat.
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February 03, 2019, 05:25:16 PM
 #65

I honestly though that these Bitcoin ATM's wouldn't live very long and that they wouldn't be half as popular. I doubted that anyone would use them since it isn't profitable to anyone except the person who owns the ATM. Surprisingly, the ATM's are adopted very largely, they are present even in the poorer countries and even in big cities of the world. It contributes great to the whole Bitcoin community.

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February 03, 2019, 10:20:35 PM
 #66

I honestly though that these Bitcoin ATM's wouldn't live very long and that they wouldn't be half as popular. I doubted that anyone would use them since it isn't profitable to anyone except the person who owns the ATM.

Quote
I honestly though that these Bitcoin ATM's wouldn't live very long and that they wouldn't be half as popular

Huh ? How can you say that things ? bitcoin thesedays are now kinda bit popular . almost  all of us do owns it   and  every btc hodler are always looking for bitcoin atm's to try if they can really withdrew and deposit btc using those machines .  this may not really popular to you but soon as other recognize it , they will also follow the trend  .

Quote
I doubted that anyone would use them since it isn't profitable to anyone except the person who owns the ATM

bitcoin is still profitable and will always be .  the market may be down these times but this isnt forever .  soon the price can rise and it can attract again investors  .
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February 04, 2019, 10:26:19 AM
 #67

It is important to notice that more countries have kept them engaged into the process of regulating cryptocurrencies. This is a good news for bitcoin. Along with the same CBOE have once again got into the ETF approval submission. These factors indicate the growth of cryptocurrency all around the world. When the growth progress automatically, more ATMs gets popping up supporting the community.

It is really good news because the more people see those ATM's and the "We accept Bitcoin" sticker with merchants the more real it will start to look for the goal that is mass adoption one day.

I mean, even in Venezuela they are planning to start with one soon. So you can imagine how big this will be.

Exactly, it will really helpful in increasing the demand for bitcoins. When people will see Bitcoin ATM they will ask more about bitcoins and many people after getting knowledge of bitcoins will be interested to buy the bitcoins. This will increase the popularity of bitcoins and this will bring a massive new investments in bitcoins.

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February 04, 2019, 10:32:49 AM
 #68

Some businesses in the Las Vegas area have Bitcoin ATM (automated teller machine) for their customers to use:

https://www.youtube.com/watch?v=BrL4Zgr6vfw&t=
Never mind the dip in the market, underground mass adoption is ongoing. It is not only in Las Vegas that Bitcoin ATM is springing up. Japan leads the way when it comes to Bitcoin ATM.


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February 04, 2019, 12:28:53 PM
 #69

Now these topics are very relevant. I have already met a lot of posts on the forum, which said that in some place open or already working bitcoin ATMs. I am very pleased, because it is really convenient and, importantly, also reinforces the interest in crypto in other people. After all, we are aimed at expanding our cryptocommunity.
It might be convenient but you must be sure that it is place on the right and safe place or else your money will be taken away by a greedy people. Good to see more bitcoin machines, this is a step closer for a great adoption of every government and of course the ordinary people
For developed countries like United States, the development of bitcoin ATM will be very fertile, because there are many developers there, technology is also growing rapidly in that country, the number of bitcoin ATMs is directly proportional to the country's technological development, it would be a good idea if the developer invades several small countries, to make a bitcoin ATM in every major city in the world, it will accelerate adoption of course and make convenient to use bitcoin
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February 04, 2019, 12:42:29 PM
 #70

There are 4 bitcoin atms that launched in our city last year, many more people in my community are becoming interested to bitcoin and that's why they are using bitcoin atm to acquire bitcoins. Users say it is safer to use than to buy online because you can ensure that your money is safe and secured by using bitcoin atm.

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February 04, 2019, 01:00:22 PM
 #71

Some businesses in the Las Vegas area have Bitcoin ATM (automated teller machine) for their customers to use:

https://www.youtube.com/watch?v=BrL4Zgr6vfw&t=
Bitcoin ATM spreads all over the world,here in the Philippines there are two active bitcoin atm machines installed in the heart of big cities so no wonder in new York where the lifestyle circling with gamblers and casinos so machines must be there
There are 4 bitcoin atms that launched in our city last year, many more people in my community are becoming interested to bitcoin and that's why they are using bitcoin atm to acquire bitcoins. Users say it is safer to use than to buy online because you can ensure that your money is safe and secured by using bitcoin atm.
Where is this city?seems like thats alot of machines to he put in single city,your place i guess is one good place for cryptonians specially bitcoiner
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February 04, 2019, 03:53:57 PM
 #72

There are 4 bitcoin atms that launched in our city last year, many more people in my community are becoming interested to bitcoin and that's why they are using bitcoin atm to acquire bitcoins. Users say it is safer to use than to buy online because you can ensure that your money is safe and secured by using bitcoin atm.

What city? And where are they putting them, are they in commercial areas that can be easily accessed by a lot of people?

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February 04, 2019, 10:46:11 PM
 #73

In Russia, bitcoin ATM are also installed. They began to appear in many countries. This is a good step in the development of crypto, but so far few people will use them, I believe. But to know that the world has a positive attitude to crypto is very cool.

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February 05, 2019, 08:15:31 AM
 #74

We need more ATM in Asia, currently I haven’t seen many in Thailand

I just worried about taxes when withdrawing? I think in Thailand its gonna be about 15% which makes it not very friendly compared to fiat ATMs

but is indeed a hood sign of adoption for common users

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February 05, 2019, 02:23:45 PM
 #75

In Russia, bitcoin ATM are also installed. They began to appear in many countries. This is a good step in the development of crypto, but so far few people will use them, I believe. But to know that the world has a positive attitude to crypto is very cool.

Yeah i've seen posts in social media of people who are actually using bitcoin atms and it's really promising. Though of course this would work in places where people and governments are open to crypto. But it's nice to think that someday in the future we'd see btc atms lining up streets like regular atms.

 
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February 05, 2019, 04:21:32 PM
 #76

In Russia, bitcoin ATM are also installed. They began to appear in many countries. This is a good step in the development of crypto, but so far few people will use them, I believe. But to know that the world has a positive attitude to crypto is very cool.

Out of curiosity are they being installed in major commercial places like malls and shopping centers?

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February 05, 2019, 04:39:05 PM
 #77

it's very fun because we can use our Bitcoin to shop if we are on the go or want to shop, and in that place do not accept Bitcoin as a transaction tool. Unfortunately at my place there is no ATM Bitcoin, so we need a Bitcoin exchange service to fiat Money if we want to shop. and it is sometimes constrained by long periods of time and weak internet networks.
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February 05, 2019, 04:40:40 PM
 #78

Here in the Philippines there is also a Bitcoin ATM, located around Metro Manila, I went there and I was amazed, never expected that there would actually be a BTC ATM here in Philippines, hopefully soon enough BTC ATM's would expand, though I can see that in the next few years ATMs would appear more on different cities for sure, this is the first Bitcoin ATM in Philippines.
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February 06, 2019, 04:21:33 AM
 #79

You should check google they provide all the areas near you that have Bitcoin ATM's near you I live in Northern Ireland and we only have on in Belfast 75 miles away from me. They are there but few and far between Wink
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February 07, 2019, 07:31:55 PM
 #80

that is very good news, for the continuation of the crypto world for the whole world, maybe a few years ahead of countries that prohibit the use of btc for trade will legalize, because of the technological influence of the blockchain and also because of the encouragement of the crypto community, especially bitcoin


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