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Author Topic: Bitcoin ATM in a gas station  (Read 943 times)
Pulsar77
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September 07, 2021, 08:15:11 AM
 #101

We witness the gas station example especially in many places in the US. Of course this is a strategic move. They want to install these ATMs where people are going the most to attract their attention. In terms of Bitcoin adoption, the increase in the number of these Bitcoin ATMs is a really helpful incident. Because every day, there will be more people who are seeing these and getting curious about it. Maybe not all of them will give Bitcoin a try but there will still be some people entering this market.
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September 07, 2021, 08:39:44 AM
 #102

The use of bitcoin ATM is becoming more and more popular in the cities and the latest is a bitcoin ATM installed in a gas station in the Montana and delis, having a bitcoin ATM in a gas station is another milestone for the entire usage of bitcoin what I can tell is if one can pay for gas using bitcoin in the station but the fact is bitcoin is gaining widespread adoption. What are your takes on this new development.
 Read the full details here.
https://www.reuters.com/article/us-usa-crypto-currencies-atms-idUSKBN2B714L?utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=facebook
I'm trying to get deeper what is the reason why the operator installed ATM in this place where does not represent strategic location for me.
yeah there are tons of people come and go in gas station but is there really that much bitcoin user on that area in which they are targeting ?
i know that there are in casinos or even in Malls but gas station is somewhere that people mostly have their card and ready to use paying.









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September 08, 2021, 06:57:53 AM
 #103

ATM bitcoin on gas stations or on shopping complexes doesn't make much difference. Because all are a public place and pretty easy to use as well. Increasing Bitcoin ATM means it easier to use your funds although transaction fees are quite high, at least there is real use. Bitcoin ATM is effective adoption for bitcoin. As much as Bitcoin becomes easy to use the value will increase rapidly. The value doesn't mean the only price, value fully depends on the community. Hope soon we will see more Bitcoin ATMs everywhere.

Totally agree with you, as the time comes, people will use bitcoin as their daily currency and by that more funds will be transferred and will result into a higher value. Although Bitcoin ATM is note new, providing more of it will become convenient for those who already have it, making it the transaction everywhere possible but I don't know how fees will be added to it. If the fees is high it will be a hindrance for the decision of the users.

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September 08, 2021, 11:37:36 AM
 #104

The use of bitcoin ATM is becoming more and more popular in the cities and the latest is a bitcoin ATM installed in a gas station in the Montana and delis, having a bitcoin ATM in a gas station is another milestone for the entire usage of bitcoin what I can tell is if one can pay for gas using bitcoin in the station but the fact is bitcoin is gaining widespread adoption. What are your takes on this new development.
 Read the full details here.
https://www.reuters.com/article/us-usa-crypto-currencies-atms-idUSKBN2B714L?utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=facebook

Bitcoin ATM has been a thing already for the past 2 years I think and there are over thousands of it all over the US. It's just that it's becoming a trend nowadays maybe to garner more customers and be the talk of the town. This seems like a free advertisement to me since the people would do the talking to spread the news themselves. Although this is still a positive thing because bitcoin is already welcomed in the financial systems of certain countries. It's still a nice thing that bitcoin adoption is slowly entering this modern age.

However, this kind of thing usually asks for huge transaction fees. I just hope they will find a way to transact in lesser transaction fees+ because if ever they will continue with such a high fee, the people will eventually abandon using btc and just use fiat money again instead to avoid the unnecessary fees in every transaction they will make.
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September 08, 2021, 08:53:34 PM
 #105

The use of bitcoin ATM is becoming more and more popular in the cities and the latest is a bitcoin ATM installed in a gas station in the Montana and delis, having a bitcoin ATM in a gas station is another milestone for the entire usage of bitcoin what I can tell is if one can pay for gas using bitcoin in the station but the fact is bitcoin is gaining widespread adoption. What are your takes on this new development.
 Read the full details here.
https://www.reuters.com/article/us-usa-crypto-currencies-atms-idUSKBN2B714L?utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=facebook
I'm trying to get deeper what is the reason why the operator installed ATM in this place where does not represent strategic location for me.
yeah there are tons of people come and go in gas station but is there really that much bitcoin user on that area in which they are targeting ?
i know that there are in casinos or even in Malls but gas station is somewhere that people mostly have their card and ready to use paying.

I am sure the operator of the gas station is trying to promote the use of Bitcoin for gas refill as it will be more convenient and can cost saving. With the Bitcoin ATM in the gas station, new customers will flood in for other bitcoin transactions on the ATM.
Wawa2013
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September 08, 2021, 09:12:56 PM
 #106

The use of bitcoin ATM is becoming more and more popular in the cities and the latest is a bitcoin ATM installed in a gas station in the Montana and delis, having a bitcoin ATM in a gas station is another milestone for the entire usage of bitcoin what I can tell is if one can pay for gas using bitcoin in the station but the fact is bitcoin is gaining widespread adoption. What are your takes on this new development.
 Read the full details here.
https://www.reuters.com/article/us-usa-crypto-currencies-atms-idUSKBN2B714L?utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=facebook
I'm trying to get deeper what is the reason why the operator installed ATM in this place where does not represent strategic location for me.
yeah there are tons of people come and go in gas station but is there really that much bitcoin user on that area in which they are targeting ?
i know that there are in casinos or even in Malls but gas station is somewhere that people mostly have their card and ready to use paying.

I think the gas station is a strategic place, because most people nowadays own a vehicle. So they will go to the gas station to refuel their vehicle,
so the gas station is a place that is often visited by many people. There is a Bitcoin ATM machine at the gas station which is a good decision,
besides making people who don't know Bitcoin curious, but for people who have Bitcoin it becomes a very helpful thing for them to make transactions.
I don't know how many Bitcoin users are in the area, I definitely believe that the more Bitcoin ATM machines are spread out, the faster
the adoption process will take place. So I am among those who support if there is a Bitcoin ATM machine at the gas station.

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October 03, 2021, 05:39:29 PM
 #107

The use of bitcoin ATM is becoming more and more popular in the cities and the latest is a bitcoin ATM installed in a gas station in the Montana and delis, having a bitcoin ATM in a gas station is another milestone for the entire usage of bitcoin what I can tell is if one can pay for gas using bitcoin in the station but the fact is bitcoin is gaining widespread adoption. What are your takes on this new development.
 Read the full details here.
https://www.reuters.com/article/us-usa-crypto-currencies-atms-idUSKBN2B714L?utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=facebook


This is great and very good news to us. This is more convenient to bitcoin users. A lot of people go in gas station. Bitcoin ATM at the gas station is very useful and a good place to go with since a lot of people need to in a gas station. Such a good idea.
Yes of cause the use of Bitcoin ATM is more relevant in our everyday lives and t with its advantage and fast transaction users will find it more convenient than the faint traditional bank ATM or pos.
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October 03, 2021, 06:52:01 PM
 #108

Physical Bitcoin ATM will certainly help a lot. When money needed for expenses, anyone can convert the Bitcoin into the local currency in few minutes. Really expect every country to accept Bitcoin and allow its usage so that we will be free enough to use such ATMs kept at gas station or where a crowd is seen. Yes Gas station is one of the main spot where people are often seen. Keeping Bitcoin here, will certainly support the crypto holders live around the station. Wish to have experience in navigating through Bitcoin ATM. 

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October 03, 2021, 07:40:08 PM
 #109

Physical Bitcoin ATM will certainly help a lot. When money needed for expenses, anyone can convert the Bitcoin into the local currency in few minutes. Really expect every country to accept Bitcoin and allow its usage so that we will be free enough to use such ATMs kept at gas station or where a crowd is seen. Yes Gas station is one of the main spot where people are often seen. Keeping Bitcoin here, will certainly support the crypto holders live around the station. Wish to have experience in navigating through Bitcoin ATM. 
Not  only  with withdrawing but also rather on buying out bitcoins in ease but of course fees are bit higher but not really that much of an issue.We've seen that adoption is on the move and take a look on El salvador

on how many ATM's that they do have and as i remembered on news they do have 200 atms which is really a good news and there are countries which does have some numbers too.

As adoption is moving then its no surprising that we would see these machines even more often in the upcoming years to come even though there would be places that would really be against it.

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October 04, 2021, 12:06:39 AM
 #110

Physical Bitcoin ATM will certainly help a lot. When money needed for expenses, anyone can convert the Bitcoin into the local currency in few minutes. Really expect every country to accept Bitcoin and allow its usage so that we will be free enough to use such ATMs kept at gas station or where a crowd is seen. Yes Gas station is one of the main spot where people are often seen. Keeping Bitcoin here, will certainly support the crypto holders live around the station. Wish to have experience in navigating through Bitcoin ATM. 
Not  only  with withdrawing but also rather on buying out bitcoins in ease but of course fees are bit higher but not really that much of an issue.We've seen that adoption is on the move and take a look on El salvador

on how many ATM's that they do have and as i remembered on news they do have 200 atms which is really a good news and there are countries which does have some numbers too.

As adoption is moving then its no surprising that we would see these machines even more often in the upcoming years to come even though there would be places that would really be against it.

Not against the innovation of Crypto, but I don't quite feel safe using ATMs for Bitcoin. Well, as we all know that having engaged in Bitcoin or Crypto we are bound to be anonymous as much as possible. The assurance of safety is questionable especially since unmanned ATMs are prone to be hacked or modified to be a source of Phishing nonetheless, there would be some sort of 24/7 cyber security or something/someone who will make the ATMs as safe as possible.
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