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Author Topic: Dubai could have 400 fully operational Bitcoin ATMs in the next two weeks  (Read 1775 times)
BreakingBAD
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March 23, 2014, 08:27:28 AM
 #21

Think about this: you might go 5-10 Km to buy bitcoin. But would you go 20? 50? If they saturate they can make it easy for everyone.  Just a guess. :-)
If there would a Bitcoin ATM 50 km away from the city where I live, no doubt I would use it. Spending few bucks on gasoline and 1 hour of time is not so big problem IMHO.

I also would easily spend an hour to go to Bitcoin ATM if I had one 50km close to my home!

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March 24, 2014, 06:00:33 AM
 #22

Any chance the op could edit the title to mark this as fake? Or is he a accomplice of this pump?

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BitChick
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March 24, 2014, 06:06:08 AM
 #23

I read on reddit that there would be a way for the people of Dubai to use one of the services on these machines, I think it was called Webmoney, to actually purchase Bitcoin so although misleading, there is some truth that the ATM's will allow for Bitcoin purchases. 

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seriouscoin
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March 24, 2014, 06:13:14 AM
 #24

I read on reddit that there would be a way for the people of Dubai to use one of the services on these machines, I think it was called Webmoney, to actually purchase Bitcoin so although misleading, there is some truth that the ATM's will allow for Bitcoin purchases.  

Some truth? ...... let me see.... you can read truth on Reddit. Its that your source?

Does the person who posted that has any details other than just..... hearsay?

Btw, didnt i tell you to get back to the kitchen? Give your hubby his balls back as i want to see if hes " smart" as you said he is.
seriouscoin
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March 24, 2014, 06:30:48 AM
 #25

Bitcoin atms are you serious

How does this work since bitcoins are virtual currencies

Have you been living under a rock?
bitvestor
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March 24, 2014, 06:44:55 AM
 #26

Bitcoin atms are you serious

How does this work since bitcoins are virtual currencies

Welcome back!  How was the  jungle?
bitvestor
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March 24, 2014, 07:21:37 AM
 #27

Not sure what you mean to say

Tell me how can transactions occur when someone withdraw money through atm.


Picture this

Fiat to Bitcoin
and
bitcoin to fiat

Imagine that! Should answer your question..
barryzand
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March 24, 2014, 07:54:32 AM
 #28

Oh boy... I feel some new age skimming coming within a year  Roll Eyes
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March 24, 2014, 07:57:04 AM
 #29

Oh boy... I feel some new age skimming coming within a year  Roll Eyes

I don't thing that will be possible, maybe when there is a bitcoin ATM that is solely dependent on Bitcoin infrastructure.. 
giszmo
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March 25, 2014, 01:45:47 AM
 #30

dannyspk please change the title of this thread to Dubai could have 400 fully operational Bitcoin ATMs in the next two weeks. It's been discussed enough that this is not an actual news.

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