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Author Topic: Robocoin rocks  (Read 2196 times)
TKeenan (OP)
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September 17, 2014, 09:36:48 PM
 #1

I am here to tell you, Robocoin ATM rocks.  I took a few mining bitcoins to my local Robocoin.  Holy crap, when I saw those hundreds pop out I was impressed.  I recommend you try one today.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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September 17, 2014, 10:03:04 PM
 #2

and no picture ?  Kiss
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September 17, 2014, 10:37:13 PM
 #3

Less 15% spread and 5% fee.
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September 18, 2014, 01:45:28 AM
 #4

I am here to tell you, Robocoin ATM rocks.  I took a few mining bitcoins to my local Robocoin.  Holy crap, when I saw those hundreds pop out I was impressed.  I recommend you try one today.
Robocoin was, I believe, the first ATM manufacturer to enter the market. They do run a bit on the pricy side, but I do think they are designed to be honest.

I also do think that the level of honesty that each ATM has depends on the operator of the ATM so just because one operates honestly does not mean that others will as well
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October 01, 2014, 11:25:15 AM
 #5

and no picture ?  Kiss

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October 01, 2014, 12:15:24 PM
 #6

Lmao!

Post of the day?

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October 01, 2014, 01:51:52 PM
 #7


I might put one of those ATMs in my living room also.

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October 01, 2014, 02:52:26 PM
 #8

So easy, even a toddler could operate it.
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October 01, 2014, 03:19:31 PM
 #9


Post of the week. haha

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October 01, 2014, 03:36:11 PM
 #10

I am here to tell you, Robocoin ATM rocks.  I took a few mining bitcoins to my local Robocoin.  Holy crap, when I saw those hundreds pop out I was impressed.  I recommend you try one today.

I will never use it to sell Bitcoin, because I don't sell Bitcoin for fiat money. I won't use it for Bitcoin purchases either, because of the excessive verification stuff.

Spread is another thing.

I'm not against Bitcoin ATM's, but I think they should get rid of their excessive fees and spying on customers.

ya.ya.yo!

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October 02, 2014, 08:58:35 AM
 #11

Glad you like it  Wink

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October 02, 2014, 06:37:43 PM
 #12

I am here to tell you, robocoin is too expensive, too much verification and there is no robocoin at my location.

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October 02, 2014, 07:05:56 PM
 #13

I am here to tell you, robocoin is too expensive, too much verification and there is no robocoin at my location.
I think you are missing the point.  Of course it is too expensive.  Of course it is way too crazy with four scans of palm print.  BUT!  It works.  It is WAY ahead of its time.  Totally impractical.  But, somebody is actually making real stuff that works - compared to all this talk and vaporware.  It is working hardware.  The future is bright for Robocoin if they keep it up.  Who cares about insanely low fees, these are early days and the novelty alone is worth the opportunity to use a Robocoin just for the hell of it.  

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October 02, 2014, 07:12:29 PM
 #14

I'm with the others, too many steps and seems tedious to use.  That said if he causes extreme happiness like these 2 souls, maybe it's worth a shot.


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October 02, 2014, 10:50:16 PM
 #15

Robocoin? shouldn't this be on the altcoin section?
This shit is too complicated, it will never take off within the popular. We need easy ass ATM experiences.
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October 03, 2014, 02:16:50 AM
 #16

I am here to tell you, robocoin is too expensive, too much verification and there is no robocoin at my location.
The spread that you "pay" for using any BTC ATM (including robocoin) is set by the operator. This spread is to compensate the ATM operator for the cost of funds (they must hold both bitcoin and cash) as well as for the convenience of being able to buy/sell BTC at the location the ATM is located at.

The verifications are required to remain AML/KYC complaint. If you feel the required verifications are excessive then I would suggest that you contact your congressman to try to get the AML/KYC laws to become more relaxed 
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October 03, 2014, 02:52:31 AM
 #17

5% fee is a too high fee
and they require verifications
I keep preferring exchanges
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October 03, 2014, 03:08:00 AM
 #18

Robocoin? shouldn't this be on the altcoin section?
This shit is too complicated, it will never take off within the popular. We need easy ass ATM experiences.

It has to start from somewhere. These machines will be improved on and after a few generations they will be more user friendly.
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October 03, 2014, 03:10:04 AM
 #19

Great sense of humor.
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October 03, 2014, 03:16:21 AM
 #20

I think high fees are there to manage the cost of maintaining these Atms and if someone needs  to cash-out in a hurry these Atms would be really useful. My only concern is the verification, what sort of verification process do these have, as I don't have access to these?

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