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Author Topic: Now you can buy Bitcoin from the grocery store  (Read 964 times)
Johnyz
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March 06, 2019, 09:48:35 PM
 #61

We know that USA is one of the most powerful and has great technology country.
This also includes the guard on your money. taxes implemented and collected properly.
How will it be guarded with the bitcoin system?
Depends on their regulations, they are very supportive on cryptocurrency but it has a limitations. Since cryptocurrency or bitcoin can’t control by anyone, maybe USA will just make a good regulations. Having ATM on supermarket is great, but I wont use it for my security purposes, better not to use it regularly because there might be someone watching your back and planning to robbed you.
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March 06, 2019, 09:50:47 PM
 #62

We know that USA is one of the most powerful and has great technology country.
This also includes the guard on your money. taxes implemented and collected properly.
How will it be guarded with the bitcoin system?
Some USA states accept bitcoin as a payment method and this payment system brings more popularity to store for being a first. Bitcoin's floating exchange rate doesn't let stores to accept as the main payment method but for a starting point, this is what they can do as an owner of small businesses.
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March 07, 2019, 12:52:41 AM
 #63

They are powered by coinme, this is a good news but I'm thinking on how much would be the fee?

I like the tagline they made, "Coins are money, too! Treat yourself for a change". They have a $2,500 limitation for each customer and this kind of news adoption is always positive. The era of bitcoin ATM is now starting, expect more of it for the upcoming months.
this can be a good start for the development of bitcoin in the future. if a small shop is able to accept bitcoin as a payment, it is possible for all stores in all countries to follow the steps taken by stores in developed countries, the era is undergoing rapid changes so if business people do not keep up with the times they will be left behind.

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March 07, 2019, 02:20:24 AM
 #64

These services weren't popular all around, and the usage scale of these weren't that big. Another thing countries with legal support for Cryptocurrency usage does it, because recently on the day of inauguration itself the Bitcoin ATM was taken away by the government operating in India. Everywhere it isn't successful. The global need and the governments involvement is a must.
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March 07, 2019, 09:20:41 AM
 #65

Interesting but kinda meh. So you'd pay a fee and the spread and you can't even send it to your personal wallet. If you want it in your wallet you'd have to pay fee once more. I'd give this a pass. I'd prefer an ATM that can send the bitcoin to any address.
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March 07, 2019, 05:38:08 PM
 #66

Interesting but kinda meh. So you'd pay a fee and the spread and you can't even send it to your personal wallet. If you want it in your wallet you'd have to pay fee once more. I'd give this a pass. I'd prefer an ATM that can send the bitcoin to any address.
Yes the Bitcoin atm is more preferable than the coinstar machine but there offer is more like paying Bitcoin an exchange site because they as charge some amount fee and you can't expect the coinstar to be the one to pay for the transaction fee. I kinda like them for adding btc.

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March 08, 2019, 01:10:02 AM
 #67

Interesting but kinda meh. So you'd pay a fee and the spread and you can't even send it to your personal wallet. If you want it in your wallet you'd have to pay fee once more. I'd give this a pass. I'd prefer an ATM that can send the bitcoin to any address.
Yes the Bitcoin atm is more preferable than the coinstar machine but there offer is more like paying Bitcoin an exchange site because they as charge some amount fee and you can't expect the coinstar to be the one to pay for the transaction fee. I kinda like them for adding btc.

Any new bitcoin-related service out in public is a good thing so I'm still happy about this news. I just don't think I'll use this service personally.
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March 08, 2019, 03:09:35 AM
 #68

I do wish that this kind of thing will happen and become available in the country I am living now. This will give the crypto users the convenience to buy Bitcoin. If being able to buy Bitcoin in the grocery stores, then that would give us the hintch that it will spread even more around the globe.
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March 08, 2019, 07:47:35 AM
 #69

I hope we have something like that in our country,
So even if we forgot or doesn't have cash on hand we could still buy with our crypto currency.

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March 08, 2019, 07:55:51 AM
 #70

Yes in Romania there are these Bitcoin vending machines in the food stores, that sell bitcoin. They sell also Russian eMoney (as Webmoney, etc).  PayPal is considered to be very, very good.

 Here in Romania, if you have 2000 dollars (or Euro) in your pocket, and someone knows this, you risk to get killed. Smiley
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March 08, 2019, 07:59:36 AM
 #71

Interesting but kinda meh. So you'd pay a fee and the spread and you can't even send it to your personal wallet. If you want it in your wallet you'd have to pay fee once more. I'd give this a pass. I'd prefer an ATM that can send the bitcoin to any address.
Very reasonable comment,why need to oay double for fees when there’s a direct process and having lower transaction fees

Though i never tried purchasing in bitcoin ATM because in my location you can purchase in 7/11 and convert directly to your bitcoin wallet
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March 08, 2019, 09:31:24 AM
 #72

in my country, there are many store provide bitcoin payment. but i never know it in my city, i think they available in some city that many tourism in there. and it will be something new, maybe people that dont know about bitcoin will asking about it. and that is good to make easy for bitcoin player if they have fiat in their pocket
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March 08, 2019, 01:34:49 PM
 #73

I hope we have something like that in our country,
So even if we forgot or doesn't have cash on hand we could still buy with our crypto currency.

indeed every time we have that desire needs to be made easier. because we all want everything to be easy. but there are still many stores that have not used crypto as a transaction, so I think it is more difficult to do crypto transactions at this time. the problem is that there aren't many stores that use it.
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March 08, 2019, 03:14:10 PM
 #74

In the U.S. there are these machines in grocery stores called "Coinstar"...they were originally used for fiat coins but now they've modified them so you can buy Bitcoin from them. This is great for mass adoption!

https://www.youtube.com/watch?v=_ZvXq--LwfA&feature=youtu.be

Really great news for adoption, bitcoin adoption really surprise me there are a lot of ways Bitcoin can be used to purchase different kinds of stuff online and offline, we are still in the early stage so many things are still going to happen in the next few years.

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March 08, 2019, 04:39:18 PM
 #75

In the U.S. there are these machines in grocery stores called "Coinstar"...they were originally used for fiat coins but now they've modified them so you can buy Bitcoin from them. This is great for mass adoption!

https://www.youtube.com/watch?v=_ZvXq--LwfA&feature=youtu.be

Really great news for adoption, bitcoin adoption really surprise me there are a lot of ways Bitcoin can be used to purchase different kinds of stuff online and offline, we are still in the early stage so many things are still going to happen in the next few years.
Yes it is, Coinstars adopted the cryptocurrency well. I like how Bitcoin could be used to buy a grocery and it is a very smart idea. The feedbacks of their adoption of bitcoin is very well and I can tell it would succeed. I am still waiting for the time that the mass adoption of cryptocurrency will happen. I don't want bitcoin to replace the fiat since that is nearly impossible, but if cryptocurrency is the mainstream currency because of the magical blockchain technology, I would be more than happy.

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ricardobs
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March 12, 2019, 08:16:51 PM
 #76

wow, its a bitcoin ATM right, is the machine can be used for buy bitcoin or sell bitcoin or just only buy bitcoin? its mean we can't sell our bitcoin into real fiat? i think its is a great innovation that can applied in all country in the world
Bitcoin ATM’s were been started in some countries but were not been used to that extend and ended up shutting down. “Coinstar” is similar to bitcoin atm but not exactly the same way.

Also, we can transact with bitcoins on these machines which means that we can buy bitcoins as well as sell bitcoins at the same time onto those machines. These kind of innovations make cryptocurrencies become more popular and also peoples who are linked to the centralized world likes to give a try.
Yes, if such kind of local grocery markets start accepting bitcoins then their demand will surely rise up which will also rise the price for bitcoins.

Bitcoins need mass publicity and also the peoples who don’t know about bitcoins should come to know about bitcoins and such kind of stores who do prefer bitcoins would surely tend more attention from the peoples and majority of peoples might than go for bitcoins at least to shop into the grocery.
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March 12, 2019, 08:50:42 PM
 #77

In the U.S. there are these machines in grocery stores called "Coinstar"...they were originally used for fiat coins but now they've modified them so you can buy Bitcoin from them. This is great for mass adoption!

https://www.youtube.com/watch?v=_ZvXq--LwfA&feature=youtu.be

Really great news for adoption, bitcoin adoption really surprise me there are a lot of ways Bitcoin can be used to purchase different kinds of stuff online and offline, we are still in the early stage so many things are still going to happen in the next few years.
Yes it is, Coinstars adopted the cryptocurrency well. I like how Bitcoin could be used to buy a grocery and it is a very smart idea. The feedbacks of their adoption of bitcoin is very well and I can tell it would succeed. I am still waiting for the time that the mass adoption of cryptocurrency will happen. I don't want bitcoin to replace the fiat since that is nearly impossible, but if cryptocurrency is the mainstream currency because of the magical blockchain technology, I would be more than happy.
Making a way to have crypto in our life is a big opportunity where are given other options which we want to used in our comforts. We are not yet if mass adoption by somehow there is a positive looks where crypto especially bitcoin is open to the market for payment purposes and it is really great. W are in hopeful that we could used it in some other ways and be accepted even in small companies.
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March 12, 2019, 10:34:20 PM
 #78

wow, its a bitcoin ATM right, is the machine can be used for buy bitcoin or sell bitcoin or just only buy bitcoin? its mean we can't sell our bitcoin into real fiat? i think its is a great innovation that can applied in all country in the world
Bitcoin ATM’s were been started in some countries but were not been used to that extend and ended up shutting down. “Coinstar” is similar to bitcoin atm but not exactly the same way.

Also, we can transact with bitcoins on these machines which means that we can buy bitcoins as well as sell bitcoins at the same time onto those machines. These kind of innovations make cryptocurrencies become more popular and also peoples who are linked to the centralized world likes to give a try.
Yes, if such kind of local grocery markets start accepting bitcoins then their demand will surely rise up which will also rise the price for bitcoins.

Bitcoins need mass publicity and also the peoples who don’t know about bitcoins should come to know about bitcoins and such kind of stores who do prefer bitcoins would surely tend more attention from the peoples and majority of peoples might than go for bitcoins at least to shop into the grocery.

If that's the case of bitcoin to soar higher as this adoption will go a long way of creating more incoming demands. If such, every grocery or huge marketplace at your local place will have proper way of using crypto as mode of payments, then it will provide every consumer a comfortable system. The society needs bitcoin to eliminate delays and prevent robbery getting cash at the stores, so it has more advantage rather physical security. We're at a convenient ways of using money in a digital form.
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March 12, 2019, 10:52:06 PM
 #79

In the U.S. there are these machines in grocery stores called "Coinstar"...they were originally used for fiat coins but now they've modified them so you can buy Bitcoin from them. This is great for mass adoption!

https://www.youtube.com/watch?v=_ZvXq--LwfA&feature=youtu.be
Unfortunately there only are a very few machines of those type in the world and they only exist in US, but it's great that wee see them appearing at least there. I am sure with time passing and bitcoin getting more popular more and more shops and malls will add this kind of machines inside their buildings.
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March 13, 2019, 03:37:55 AM
 #80

In the U.S. there are these machines in grocery stores called "Coinstar"...they were originally used for fiat coins but now they've modified them so you can buy Bitcoin from them. This is great for mass adoption!

https://www.youtube.com/watch?v=_ZvXq--LwfA&feature=youtu.be

Yeah, It is really mass adoption, and it is a easy way to buy bitcoin, also it will popularity of bitcoin. Most of the people who have no awareness about bitcoin they will be know about bitcoin in this wise.
But unfortunately i have never seen in my country like this store. But i wish i see it and definitely this moment will be remember-able for me when i buy a bitcoin from a store. 









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