Bitcoin ATMs doubled every year since 2014

[pawanjain]

To be honest, I do like the fact that crypto ATMs are being installed over the world and I am more than happy now to find out that amount of crypto ATMs has been doubled this year.
This will create more awareness of crypto among the people. But if we see through Satoshi's vision then there is no point of installing crypto ATMs.
His vision was that bitcoin should be accepted as a globally accepted payment and that is possible only when bitcoin is accepted worldwide.
In his view people should not be selling bitcoin for cash and used that money for payments instead they should use bitcoin itself for payments.

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[gabmen]

This is good news since having more ATM is correlated to increase in adoption; more opportunities people to use it, the more it will integrate into society. I just hope that they put in reasonable fees when using their service otherwise it would backfire.

Well it's all about mass adoption and these atms will certainly generate curiosity among people which is always good. Though even if the number of btc atms doubled, i think we're still at the initial stage and it would take a longer time for what we're hoping for.

[Altero]

You right about bitcoin ATM doubling every year since 2014. We have seen several countries year in year out like the Philippines setting up bitcoin ATMs in different places. The more bitcoin ATMs are installed, the more it attracts more persons to adopt it's usage. I believe soon enough we will see a massive adoption world wide.

Though there is an increase of its numbers but somehow people aren't particularly seeing it good to used since only few companies were accepting cryptocurrency. It can be taking into the account if big companies will used to accept crypto and so small establishments will follow by then.
Anyway,  to see those ATM's installed we can formulate some instances that crypto will totally legalize in all areas in the coming days

[DreamStage]

Thank you for these informations. I have also been able to read something about them which explained how it was being processed all in the backend which was wonderfull.
Also loved this: Several reasons have been attributed to the sudden spike in the number of these machines and notable among them, is the ease and convenience.
That will surely give new investors a new feeling on no investment fear. Since more new people will start buying Bitcoins thus price rising.

Here's some example on other Company using Bitcoin as payment (where ATM are convenient):
https://youtu.be/kag6TX5xkok

[awawo]

According to some sources, Bitcoin ATMs are the rage thing now. They have doubled in number every year since 2015, and the trend has continued. There have been reports of even one of these being installed in Venezuela, and it seems that people is using them, even with the disastrous fees that they are collecting. what do you guys think of Bitcoin ATMs? are they a viable source of onboarding normal people into cryptocurrencies?
Source: https://www.btcnn.com/news/bitcoin-atms-have-doubled-for-the-past-four-years/

I just confirmed the availability of the bitcoin Venezuela and it very portable and mobile and it not like the faint cash ATM around, am very happy that the popularity of the bitcoin ATM is becoming a rend with it recent increase in the number of the  ATM's being installed all around.

[MakeMoneyBtc]

I have also recently saw a report saying there are thousands of bitcoin ATM's available all around the world today and I think that is very good for everyone. In the last years bitcoin really became a very popular thing because so many people are talking about it everywhere and there are dozens of new coins appearing that, by promoting themselves they are also promoting bitcoin. Now what we need to do is convince more merchants to accept bitcoin.

[lyks15]

If it is true?This only means that cryptocurrency especially bitcoin now expanding their network and people are now starting to embrace cryptocurrency to apply and use in their daily life. But I think here in the Philippines it is not easy to adopt the cryptocurrency banking system because as far as I know there is only one bank who already have an bitcoin atm in whole country which is Unionbank.

[The Cryptovator]

According to some sources, Bitcoin ATMs are the rage thing now. They have doubled in number every year since 2015, and the trend has continued.

Is it not really good news for bitcoin user and whole crypto-currency users? I hope so, it one of the most important and positive things about bitcoin and crypto-currency. If this trends continue then once a day we will see everywhere and every country have bitcoin ATM. So it will be more easy to cash out and convert bitcoin to real money. I believe within next few years someone or some company will start installation of bitcoin ATM globally. Also it would be popular business. Not is it?

[lepbagong]

I heard about bitcoin ATM i think if this will implemented it could be affect the price of bitcoin and also the popularity itself ,so im still looking forward for it.

It seems that in my country there are already bitcoin atm, and it has started to grow in several places, but it seems not and there are still many who have not been excited about the arrival of the bitcoin atm. they are still making transactions that have been carried out so far compared to using Bitcoin ATMs, because they don't consider them too important for the time being.

[creeps]

I heard about bitcoin ATM i think if this will implemented it could be affect the price of bitcoin and also the popularity itself ,so im still looking forward for it.

It seems that in my country there are already bitcoin atm, and it has started to grow in several places, but it seems not and there are still many who have not been excited about the arrival of the bitcoin atm. they are still making transactions that have been carried out so far compared to using Bitcoin ATMs, because they don't consider them too important for the time being.

Bitcoin ATM is good but it can't create big effect to the price movement of the market. Bitcoin ATM's is growing everyday, its good in terms of spreading the news about cryptocurrency but it must be more convenient of course. We have an bitcoin atm here in my place but you need to travel in the city just to experience that which is too hassle I think. I hope for a more ATM's around the world so people will be more knowledgeable and be more confident about bitcoin.

[nydiacaskey01]

The news would be very great if Bitcoin ATMs that doubled are in a particular country or area. Like example in our country. So far there is only 1 ATM operating and there were news that another ATM will be installed. However, if you check how many cities are there in my country, as of 2016 there are 145 cities, that means only 1% of the cities have Bitcoin ATM.

[BeGoods]

I heard about bitcoin ATM i think if this will implemented it could be affect the price of bitcoin and also the popularity itself ,so im still looking forward for it.

It seems that in my country there are already bitcoin atm, and it has started to grow in several places, but it seems not and there are still many who have not been excited about the arrival of the bitcoin atm. they are still making transactions that have been carried out so far compared to using Bitcoin ATMs, because they don't consider them too important for the time being.

Bitcoin ATM is issued by third parties, and my country has only 3 ATMs, it hasn't increased since a few years ago. I dont know why. but I think it needs a lot of other platforms to make bitcoin ATMs, however it is very helpful for the convenience of users doing transactions..

[etherclassic]

I don't understand why people continue to use Bitcoin ATMs, when they can freely trade them using the thousands of crypto exchanges. One reason may be the requirement for KYC with the exchanges, but that doesn't justify the huge markup (up to 10%) being charged by the ATMs.

Bitcoin ATM is one of masa addoption of the bitcoin, however bitcoin is something new in the world so although the fees transaction of bitcoin ATM is expensive than cryptocurrencies exchangers, it is needed by us as sample of masa addoption of the bitcoin in the real of world. Mostly people does not have account on the cryptocurrencies exchangers, will be easy to tell the people about the bitcoin with bitcoin ATM.

[Duzter]

It would be good to have an info on the ATMs by country. In my country there are quite a lot of them... But I've heard there are 0 in Germany for example (because https://www.alcedoplatform.com/ is trying to solve that).

ATMs are very good for adoption. Relatively easy to use and are an actual advertisement for Bitcoin and crypto as they are usually located on attractive spots (shopping malls...)

At present from my view the usage of bitcoin ATMs were very low, people prefer making use of the exchanges. As mentioned it's been placed on places were it gets used. Likewise there are places from which this has got removed as it didn't get expected usage among users. From my view the usage hasn't increased much, but there is increase in number of ATM all around.

[richminded]

It would be good to have an info on the ATMs by country. In my country there are quite a lot of them... But I've heard there are 0 in Germany for example (because https://www.alcedoplatform.com/ is trying to solve that).

ATMs are very good for adoption. Relatively easy to use and are an actual advertisement for Bitcoin and crypto as they are usually located on attractive spots (shopping malls...)

At present from my view the usage of bitcoin ATMs were very low, people prefer making use of the exchanges. As mentioned it's been placed on places were it gets used. Likewise there are places from which this has got removed as it didn't get expected usage among users. From my view the usage hasn't increased much, but there is increase in number of ATM all around.

We still prefer to use the exchange because of the limited supply on the ATM machines, how can people use that if you need to travel for another 3hrs just to withdraw money. It's still convenient for now but this kind of growth is something very important for the cryptomarket. We only have 2 Bitcoin ATM in my place, and right now few people are using it aside from a higher fees its also far from the town.   

[ethereumhunter]

It would be good to have an info on the ATMs by country. In my country there are quite a lot of them... But I've heard there are 0 in Germany for example (because https://www.alcedoplatform.com/ is trying to solve that).

ATMs are very good for adoption. Relatively easy to use and are an actual advertisement for Bitcoin and crypto as they are usually located on attractive spots (shopping malls...)

If people can found or see where the ATMs locate, they will become curious, and they will search on the internet. That will help the adoption as you say and the more ATM installed in the shopping centre or malls, more people will see and try to use but only after they learn how to use the ATMs. I am sure that this will attract government attention and they will learn bitcoin too.

[shield132]

Number of Bitcoin ATMs have significantly increased but as I see fees are still as huge as always. So for this reason I want to know despite the big supply, is there really any demand on bitcoin ATMs? Is there any statistics of how much bitcoins are withdrew daily/monthly? I want to know this because fees are insane, it's better to own xapo or similar card and withdraw from any ATM worldwide with fixed and low fee.

[Vaculin]

Well i wish that bitcoin atm machine will reach to our country. I am interested to know about the bitcoin atm machine wheb we know that bitcoin could be acquired and download in an instance using a smartphone, desktop and internet. But, seeing this one of the great potential, then let i be and bring that machine here in our country.

I have heard already about bitcoin atm machine in our country but not in my own locality. This just proves that bitcoin inspite of its tough times has continued to soar high and even conquering most of the countries. Hopefully these atm machines will be seen too in our locality so we can also experience the convenience it brings .

[Siren]

According to some sources, Bitcoin ATMs are the rage thing now. They have doubled in number every year since 2015, and the trend has continued. There have been reports of even one of these being installed in Venezuela, and it seems that people is using them, even with the disastrous fees that they are collecting. what do you guys think of Bitcoin ATMs? are they a viable source of onboarding normal people into cryptocurrencies?
Source: https://www.btcnn.com/news/bitcoin-atms-have-doubled-for-the-past-four-years/

But the question is,do the ATMs of Bitcoin is being used?here in our place we have 2 bitcoin ATMs installed in the locations that crypto is appropriate but still users are very few to come instead they are buying bitcoin to our local wallets in which very friendly users

But now theres other banks thay opens ATM for cryptocurrency and not just for bitcoin and i am looking for what will happen in future

[CBANX Ltd.]

Doubled It's increasing in a number I must say, and it is making things convenient for people to use Bitcoin in their routine. I have doubt that is it fully dedicated for Bitcoin (as a Bitcoin ATM)?