thesmallgod (OP)
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July 19, 2020, 02:22:08 PM |
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Recent statistics provided by CoinATMRadar now show that the number of bitcoin ATMs installed worldwide have surpassed 8700. Since July 1, 234 new bitcoin ATMs have been installed and as of July 12, the values have reached 8,724 globally. Out of this value, 6493 bitcoin ATMs are located in the united state while Genesis Coin remains the highest producer of Bitcoin ATM machine (3027) https://coinatmradar.com/countries/![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDxL4G40l.jpg&t=665&c=Sbv7dP29nP55jA)
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Yamifoud
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July 19, 2020, 02:43:15 PM |
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It was then to say that Bitcoin adoption is meant stronger and wider in the pandemic situation. People are much looking for safe and fast transactions that giving them an option to consider Bitcoin aside from using debit/credit cards. Isn't surprising that the US has taken it leads and followed by other developing countries as we know that most of them are really advance in new technology.
What I saw is that the charts show a massive response from the community, though the price isn't moving and actually it impresses everyone to see how Bitcoins ATMs are moving. We have to expect more for this as the digital transformation pushes through.
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xxjumperxx
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July 19, 2020, 02:43:56 PM |
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Thanks for the post. I just randomly looked if there was an ATM around here in my german city but yes there is one... I just dont like the location and having someone around when Im buying my BTC... Yes it gives me more anonymity then buying it from an exchange but I just dont trust humans....
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KrisAlex18
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July 19, 2020, 02:52:21 PM |
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Thanks for the information mate, it seems like our community becomes so big, we are already many ATM all over the world and that is enough proof the bitcoin is very popular around the world. What more if all the countries will accept bitcoin in their land because as well all know there are still some countries which are not accepting the bitcoin to be used by their citizen because of some reason. Maybe their government is thinking that they couldn't put it a tax because cryptocurrency is decentralized. Great hunt, both threads are related, this is just a more specific or statistics about that mentioned thread because it has the numbers of ATM fo every country.
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batang_bitcoin
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July 19, 2020, 03:06:17 PM |
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This signifies that there's a demand for bitcoin ATMs. While some exchanges and services are off in US but look at the demand and number of bitcoin ATMs that they have. And due to the pandemic, those ATMs could expand more on different continents. Those who are interested in bitcoin and those who will use it as a means of transfer to avoid touching cash.
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Rent this sig space so that BTC goes to $100k.
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concept2
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July 19, 2020, 04:02:59 PM |
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What a great news. But there are still many disadvantages within bitcoin. The price is too volatile and it can not be chosen as the main currency yet. 8700 is a great number. I hope that this number will keep increasing so that we can witness a future full of cryptocurrencies. In my country, there are about less than 10 Bitcoin ATMs. It a small number, but still create a lot of attention to people around that places. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) The increase in the demand of bitcoin requires creating more bitcoin atm. And I guess that a few years later, we will also have a cryptocurrency ATM which we can withdraw ethereum, XRP, Dash, etc
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AjithBtc
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July 19, 2020, 04:12:21 PM |
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Maximum number of cryptocurrency ATM installed in USA looks like the cryptocurrency growth widening in a particular region. There needs some even distribution all around the world. When such a scenario happens we can confirm the cryptocurrency market is growing. Until then it won't reach high global demand, and for the same governments around the world need to be supportive. This will take few years of time as the market moves weren't happening as predicted for the year.
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Nalbo
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July 19, 2020, 04:47:34 PM |
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The distribution of Bitcoin ATM seems to be localized to some part of the world. The thing I believe shaped that chart is the level of economic freedom around the world. The primary reason why my country doesn't have a Bitcoin ATM is everything here is illegal until it's legalized. And the lawmaker and the beurocracy doesn't approach anything unless it gives them immediate benefits.
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DoubleEdgeEX
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July 19, 2020, 04:52:45 PM |
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It´s somewhat of a weird distribution when you think about the acceptance rate and openness of Asian countries, they are nowhere to be seen on that pic. At least a tine country as Austria is prominently featured haha
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thesmallgod (OP)
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July 19, 2020, 05:39:06 PM |
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It´s somewhat of a weird distribution when you think about the acceptance rate and openness of Asian countries, they are nowhere to be seen on that pic. At least a tine country as Austria is prominently featured haha
If you consider the rate of adoption in Europes especially in banking sectors, you will understand why a country like Austria is having bitcoin ATM matching. This is pure business and no one will want to risk such business in countries that the government is not that open to the technology. Hopefully in the nearest future, when we have bitcoin machine producers in Asia, there will be more machine there also
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akseur30
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July 19, 2020, 08:40:47 PM |
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Great to have many bitcoin atms aroud the world , but in fact you will find that this ATMS in thier majority are placed in the country of Europe and north america , and you will not find any ATM in some of Africa or Asia country witch is really bad and will slow the cryptocurrency mass adoption in ASIA and Africa and will only help the mass adoption in Europe and North Africa witch is not fair engouth and don't aim with the propuse of cryptocurrency witch is the freedoom of people
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gentlemand
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July 19, 2020, 09:45:21 PM |
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Why are the only threads on here regarding ATMs only ever about their geographical spread? We rarely read about anyone here actually using them.
Every now and then I consider having a play with one. Then I look up what's nearby and what they fleece me for. Then the idea is forgotten again.
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joniboini
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July 20, 2020, 05:57:08 AM |
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Why are the only threads on here regarding ATMs only ever about their geographical spread? We rarely read about anyone here actually using them.
Because it is easier to find these data over the internet, quote it on a new thread, add some comments and then put some source rather than finding or even documenting the experience of using an atm.
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nicko122
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July 20, 2020, 06:19:15 AM |
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The list is very impressive, as always in the US more than anywhere else ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It is interesting that the US authorities are not very loyal to cryptocurrencies, although the situation has improved recently. Nevertheless, a huge number of countries are already involved in the field of cryptocurrencies and this is very good.
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thesmallgod (OP)
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July 20, 2020, 12:41:03 PM |
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Why are the only threads on here regarding ATMs only ever about their geographical spread? We rarely read about anyone here actually using them.
Every now and then I consider having a play with one. Then I look up what's nearby and what they fleece me for. Then the idea is forgotten again.
You will have to find about that on the Internet. People use them regularly and that is why they are still available and growing. What I've discovered personally from my findings is that a lot of people that used them are newbie or people that quickly want to get bitcoin without exploring so many options. Many people here in the forum might not be talking about using it because they have many options of buying bitcoin without using ATM machine.
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thesmallgod (OP)
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July 20, 2020, 12:45:15 PM |
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Great to have many bitcoin atms aroud the world , but in fact you will find that this ATMS in thier majority are placed in the country of Europe and north america , and you will not find any ATM in some of Africa or Asia country witch is really bad and will slow the cryptocurrency mass adoption in ASIA and Africa and will only help the mass adoption in Europe and North Africa witch is not fair engouth and don't aim with the propuse of cryptocurrency witch is the freedoom of people
It is strictly business. You as a whole can venture into it and install bitcoin ATM in your community but the determining factors is the amount of people that knows what is it and how to use it. In Africa, there are still many countries that are not much into crypto while vast majority of the countries that the crypto is vastly growing have already started using it. When you check the link above, you will discover that African countries such as Nigeria, South Africa and Zimbabwe are having Bitcoin ATM machine installed in various locations
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GreatArkansas
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July 20, 2020, 01:16:04 PM |
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Hoping to see more Bitcoin ATM in Asia region especially in our country, more ATM more advertisement, more adoption, more people will become curious to Bitcoin. I want to ask for those already tried to use some Bitcoin ATM, are those Bitcoin ATM are only for buying Bitcoin by using your fiat? Or there are some that are only for selling your Bitcoins to fiat? or both?
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Assface16678
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July 20, 2020, 01:19:55 PM |
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Thank you for this information mate it took its easier for the people to withdraw their funds without hassle because they have now a supporting ATM nearest to their countryside and hopefully there is a lot of countries right now will accept the use of it in the near future. I thought there are a southeast Asia right there, still there no new because some of them does not have well known into the world of cryptocurrency because only a few people see the potential of this coin to make more earning which is a good thing but still I hope someone will prioritize this too and make an investment to create this kind of wonderful project so the people who use a cryptocurrency can take out their funds immediately on their nearest atm. Why are the only threads on here regarding ATMs only ever about their geographical spread? We rarely read about anyone here actually using them.
Every now and then I consider having a play with one. Then I look up what's nearby and what they fleece me for. Then the idea is forgotten again.
You will have to find about that on the Internet. People use them regularly and that is why they are still available and growing. What I've discovered personally from my findings is that a lot of people that used them are newbie or people that quickly want to get bitcoin without exploring so many options. Many people here in the forum might not be talking about using it because they have many options of buying bitcoin without using ATM machine. I think there is a possible part of the ATM is nearest to the business establishment because they are the one who really are in the world of business which is a good thing to do but still it takes a lot of time before it will spread for over the country.
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mezzaluna
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July 20, 2020, 01:29:17 PM |
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Bitcoin ATM's must have at least a big headquarters within those countries that those teller machines are available. That also means that if they are implemented widely, then the government approved the operation of Cryptocurrency related businesses which is a good sign for users that are knowledgeable about it. Lets just hope that its not gonna get raided or branded as scam in the long term
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