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Author Topic: First Bitcoin ATM in China - Ooooh Wheee!  (Read 1679 times)
JessyMatt (OP)
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May 29, 2014, 12:09:03 AM
 #1

Robocoin installed their first bitcoin ATM in China. Major milestone toward the progression of bitcoin: http://www.bitcoinvalues.net/bitcoin-in-china-first-bitcoin-atm-china-installed-robocoin.html

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Pepin
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May 29, 2014, 02:31:36 AM
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No, not quite. That article is extremely misleading. Read carefully. "First Bitcoin ATM Installed by Robocoin."
JessyMatt (OP)
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May 29, 2014, 05:44:53 AM
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No, not quite. That article is extremely misleading. Read carefully. "First Bitcoin ATM Installed by Robocoin."

Not misleading at all. The full title is "Bitcoin in China – First Bitcoin ATM Installed by Robocoin." your claim is missleading.

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maok
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May 29, 2014, 01:28:48 PM
 #4

I don't get it, first they tried to fight it, now they're trying to accept it, China needs to make up its mind!

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Pepin
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May 29, 2014, 03:59:34 PM
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No, not quite. That article is extremely misleading. Read carefully. "First Bitcoin ATM Installed by Robocoin."

Not misleading at all. The full title is "Bitcoin in China – First Bitcoin ATM Installed by Robocoin." your claim is missleading.

It is NOT the first Bitcoin ATM in China.
JessyMatt (OP)
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May 29, 2014, 06:15:27 PM
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No, not quite. That article is extremely misleading. Read carefully. "First Bitcoin ATM Installed by Robocoin."

Not misleading at all. The full title is "Bitcoin in China – First Bitcoin ATM Installed by Robocoin." your claim is missleading.

It is NOT the first Bitcoin ATM in China.

First by Robocoin!

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Benjig
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May 29, 2014, 06:33:41 PM
 #7

Well, seems like that the government efforts to  ban bitcoin are useless they are just getting more and more bitcoin fans with atms and all stuff , i would like to know what does it mean the words in the chinnesse ad at the right side of atm.
LiteCoinGuy
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May 29, 2014, 07:04:51 PM
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barbra streisand effect

zimmah
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May 29, 2014, 11:01:07 PM
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Well, seems like that the government efforts to  ban bitcoin are useless they are just getting more and more bitcoin fans with atms and all stuff , i would like to know what does it mean the words in the chinnesse ad at the right side of atm.

Maybe instructions on how to use it? I have no idea.
tooil
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May 29, 2014, 11:13:59 PM
 #10

Thought exchange in China can no longer accept deposit?


ATM by its very nature is a deposit accepting machine.
DannyElfman
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May 29, 2014, 11:19:53 PM
 #11

unfortunately, i dont think this will get around all the PBOC issues. we will see.

This spot for rent.
Benjig
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May 29, 2014, 11:37:19 PM
 #12

Thought exchange in China can no longer accept deposit?


ATM by its very nature is a deposit accepting machine.


Its more like a spending money machine too, you have some bitcoins, you can withdraw them in the machine in exchange for fiat.

Pepin
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May 30, 2014, 01:18:44 AM
 #13

Right now in China, banks are not allowed to do business with Bitcoin related companies. That is all. A Bitcoin ATM doesn't use a bank. I don't know why most people on this forum are unable to comprehend this and keep screaming "Bitcoin Ban! Bitcoin Ban!"

Quote from: Pepin
It is NOT the first Bitcoin ATM in China.

First by Robocoin!

Read your title for this thread. Read that article. Both say that it is the first Bitcoin ATM in China.

The first Bitcoin ATM in China was installed in a cafe at a technology park in Shanghai in April: http://www.reuters.com/article/2014/04/16/us-china-bitcoin-idUSBREA3F0MK20140416

Coinsera
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May 30, 2014, 02:19:33 AM
 #14

No, not quite. That article is extremely misleading. Read carefully. "First Bitcoin ATM Installed by Robocoin."

Not at all, I think you should read this article again and understand.

Thanks
gondel
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May 30, 2014, 12:35:27 PM
 #15

Bitcoin will prosper, but we are the dinosaurs of it ( not saying we will disappear) it just want time to get popularity!
Just be patient and wait for the  moment Smiley
BR
Pepin
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May 30, 2014, 12:51:28 PM
 #16

No, not quite. That article is extremely misleading. Read carefully. "First Bitcoin ATM Installed by Robocoin."

Not at all, I think you should read this article again and understand.

Thanks

You are right. I read it again and my first impression was wrong. The author of that article has no clue.
EricTyle
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May 30, 2014, 05:31:31 PM
 #17

no.

there is no btc atm in china.

bitcoin banned china.

TheTruth4
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May 30, 2014, 06:02:10 PM
 #18

That's interesting. I wonder if the workarounds for China's new banking regulations concerning Bitcoin will be enough to make it legit in the eyes of the powers-that-be.
Harley997
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June 10, 2014, 02:24:02 AM
 #19

No, not quite. That article is extremely misleading. Read carefully. "First Bitcoin ATM Installed by Robocoin."

Not misleading at all. The full title is "Bitcoin in China – First Bitcoin ATM Installed by Robocoin." your claim is missleading.

As per the article a BTC ATM has been installed by robocoin. As far as I know this is not the first BTC ATM in China.

Regardless this is good for bitcoin.

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kingscrown
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June 10, 2014, 02:28:41 AM
 #20

Ive made first Bitcoin ATM in Poland by Lamassu but i dont mind if somebody makes new article saying 'First Robotcoin in Poland'.
Its all for good of all of us.

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