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Author Topic: I need to buy a Bitcoin ATM - UK delivery - asap  (Read 605 times)
revilo (OP)
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March 21, 2014, 11:38:51 AM
 #1

Who's had experiences with Bitcoin ATMs?
Which are the best?
Which are the worst?

How quickly can I get one delivered to a UK address?

Help please!
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beltin
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March 21, 2014, 01:30:59 PM
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This may help as it details where the ATM came from: -

http://www.ibtimes.co.uk/britains-first-bitcoin-atm-arrives-london-cafe-1439017
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March 21, 2014, 01:52:49 PM
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How does one make money from the atms ... like standard ones where they pay a fee? 

If so what is the fee that you have seen?  .0001btc? (example only)
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March 21, 2014, 02:16:05 PM
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How does one make money from the atms ... like standard ones where they pay a fee? 

If so what is the fee that you have seen?  .0001btc? (example only)

It must be on the trade of you obtaining the BTC to sell to somebody else via the ATM. Read the article I posted above. The guy is making a loss because when he buys BTC to then sell via the ATM he has to get via localbitcoins as in the UK that's one of the only way to get BTC.

If you manage to buy 1 BTC @ £400 and then it goes up, you'd make money selling but if it goes down, you make a loss.
revilo (OP)
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March 21, 2014, 02:45:58 PM
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Ok, Who can sell me a Bitcoin ATM. I want one in my hands in April!
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March 21, 2014, 11:26:18 PM
 #6

Are you a bank? As I know only banks have a right to give out a cache. If there is no cacheout then it is vending machine, not ATM.
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