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Topic: Are bitcoin cash machines becoming more popular? (Read 3074 times)

newbie
Activity: 16
Merit: 0
Machine meas ATM or mining machine?

Seemly more miners starts to mine BCC when its difficulty decreased.
hero member
Activity: 770
Merit: 500
The more we adopt these things the more readily available and accepted btc will become. I hope to use one, one day. They do have one in my city but on there other side I have no reason to visit. Still....If ever I am in that area I will use their btm and see what it is like.
legendary
Activity: 1288
Merit: 1043
:^)
I am still wondering what advantage it brings to people to use an atm.
I mean, if I want to buy or sell my coins, I can do that online from at home.
Or online from everywhere with my smartphone.
And these transactions have much lower fees than what you pay at an atm.
So what brings people to use such a machine?
convenience. unlike at an exchange, you don't need all this identity verification, 2fa, valid bank account, wait period for ach withdrawal, etc. you just walk up to one, send bitcoin or insert cash (big selling point of bitcoin atm's) and get what you need. the fee might not be justifiable for some people such as yourself, but other people think differently. personally, I wouldn't use one either.
hero member
Activity: 959
Merit: 500
I am still wondering what advantage it brings to people to use an atm.
I mean, if I want to buy or sell my coins, I can do that online from at home.
Or online from everywhere with my smartphone.
And these transactions have much lower fees than what you pay at an atm.
So what brings people to use such a machine?
legendary
Activity: 1288
Merit: 1043
:^)
The global bitcoin Atms has doubled compared to last yesr but still there are countries without bitcoin Atms. The machine helps to buy and sell bitcoin in the community. As the users increases Atm  will also be increased. America and North American countries has more number of Atms.

well seems like its getting popular on some countries but unfortunately not on mine. i heard a long time ago that there are already a few number of bitcoin atms here but sadly i

haven't heard any news about it because thats the last. if its getting better i'm sure i would have heard any news right? but i didn't heard/read a single one means its not well

received here. there are probably two reasons why. first is atms are known for charging too much fees of course that also applies on bitcoin. second, i'm sure they would have

some verifications
well of course they charge fees; atm's, wether they belong to an individual or bank, bitcoin or not, are not a free service. they exist as a convenient way to access funds for people and ultimately benefit the owner (if it were a fiat bank, running an atm is cheaper than having personnel handle withdrawals and deposits 24 / 7; bitcoin atm's will function as a exchange and sell bitcoin for cash at a higher price than they will buy it for).
hero member
Activity: 644
Merit: 500
The high fees are the problems for ATMs.
I know of one machine in my area, and that got closed because nobody used it.
Paying five, sometimes even ten percent more than you would pay if you bought your coins somewhere on the internet, that is something many people drives away.
So to me it is at least questionable if the ATM service will be able to survive.

Besides: Bitcoin Cash is a new crypto currency.
I do not think machines for them will ever be built.
Yes, the Bitcoin ATMs are becoming very popular, but I hate to make use of it. I rather sell the amount of Bitcoin I need and have it transferred to my bank account, then I can withdraw/buy/sell through bank, than using a Bitcoin ATM.The ATM is very costly!
sr. member
Activity: 1484
Merit: 253
Yes bitcoin is becoming more popular, and much more recent like bitcoin atm, but in my country there is nothing like it, and I prefer to sell my btc or exchange it
Same is the case here in my country. I have not come across even a single BTC ATMs, not yet. But that affects me in the least. I still invest in bitcoins and prefer to perform all my action using my mobile. I really do not want to go to ATMs in order to perform small transactions. It would give me the feel as I am dealing with fiat.

Not like in my country nowadays that BTC atm machine wasn't a reality for everybody, but I am still looking to it as positive in the future. One thing I only did is the better option for my wallet to cash out through affiliated bank of the wallet site, and good thing is it can be directly exchange to fiat currency using the bank's ATM cashless withdrawal. It really gave me a successful transactions as always with seldom traffic sometimes which we cannot prevent due to system errors, particularly it's understandable that bank was just a middleman between btc to fiat currency.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
The global bitcoin Atms has doubled compared to last yesr but still there are countries without bitcoin Atms. The machine helps to buy and sell bitcoin in the community. As the users increases Atm  will also be increased. America and North American countries has more number of Atms.

well seems like its getting popular on some countries but unfortunately not on mine. i heard a long time ago that there are already a few number of bitcoin atms here but sadly i

haven't heard any news about it because thats the last. if its getting better i'm sure i would have heard any news right? but i didn't heard/read a single one means its not well

received here. there are probably two reasons why. first is atms are known for charging too much fees of course that also applies on bitcoin. second, i'm sure they would have

some verifications
hero member
Activity: 896
Merit: 514
Yes bitcoin is becoming more popular, and much more recent like bitcoin atm, but in my country there is nothing like it, and I prefer to sell my btc or exchange it
Same is the case here in my country. I have not come across even a single BTC ATMs, not yet. But that affects me in the least. I still invest in bitcoins and prefer to perform all my action using my mobile. I really do not want to go to ATMs in order to perform small transactions. It would give me the feel as I am dealing with fiat.
sr. member
Activity: 868
Merit: 333
we only got 1 bitcoin machine in our country but i dont think if that really exist. i dont have a chance to see it so i dont really know if there is really a bitcoin machine. but as i have read before the number of bitcoin machine around the world doubled by the year 2017 so i guess the answer is yes, it becomes more popular than before.
full member
Activity: 395
Merit: 100
The global bitcoin Atms has doubled compared to last yesr but still there are countries without bitcoin Atms. The machine helps to buy and sell bitcoin in the community. As the users increases Atm  will also be increased. America and North American countries has more number of Atms.
legendary
Activity: 910
Merit: 1000
I couldn't find any Bitcoin ATM in my region, unfortunately. But I heard about places where there is plenty of them. It's just like awareness about Bitcoins - spread disproportionately around the world
hero member
Activity: 854
Merit: 522
Yes bitcoins is more more popular today, due to the price of bitcoins is so expensive and many people who had invested in bitcoins
it will be automaticly many expand business with bitcoins include bitcoins ATM machines, bitcoins ATM machines will become popular in the future and it will not be easy needs much time for it to be more popular and be used by all of the people due to bitcoins its self still doesn't popular on around the world.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
I do not thinkg that bitcoin cash machines are becoming more popular. In my city, there has been 1 Bitcoin machine for 2 years and I have not seen any new machine coming around to my town. From my point of view, BTM is uncomfortable and you have to wait for a long time in order for your transaction to be confirmed so that you can withdraw your cash.
Yes, bitcoin cash machines are not getting that popular. Recently in Japan the use of Bitcoin Casino Machines have been more popular and in other countries in several area slowly these machines were getting removed. This is all because of the increased transaction fee and increasing usage of exchanges.
sr. member
Activity: 448
Merit: 251
I do not thinkg that bitcoin cash machines are becoming more popular. In my city, there has been 1 Bitcoin machine for 2 years and I have not seen any new machine coming around to my town. From my point of view, BTM is uncomfortable and you have to wait for a long time in order for your transaction to be confirmed so that you can withdraw your cash.
legendary
Activity: 1147
Merit: 1007
It is very funny to see this kind of very optimistic topic for bitcoin cash while the coin itself is struggling on dumping it's price now and unstable network opposite on what they are promised that they can solve scaling issue. BCH ATM machine will be possible once BCH price is stable, No one will risk to invest on BCH business if there is no too much holders oh that coin. Grin
sr. member
Activity: 812
Merit: 253
Still haven't heard much about bitcoin cash machines in our country so I doubt it is becoming more popular yet, I'm not sure with other countries though that accepts bitcoin or are supporting bitcoin if it is popular in their country.
hero member
Activity: 2590
Merit: 644
The bitcoin cash machines like atm is becoming popular because of the ease to buy and sell bitcoin and it is also a time saver because the person who want to buy bitcoin doesn't need to buy from online and create his own account which is time consuming so he can now use bitcoin cash machines to just buy and sell bitcoin without going online or using computer.
legendary
Activity: 3766
Merit: 1217
They just started using Ether cash machines in Toronto, Canada!! https://motherboard.vice.com/en_us/article/7xxbwz/toronto-just-got-its-first-ethereum-atms

The writer is not super optimistic on it but it is maybe demonstrating some more mainstream acceptance

Nice try by the Ether supporters to end their dependence on Bitcoin. But I really doubt how much successful they will be. Right now Ethereum doesn't have much mainstream media coverage and is is known only among the crypto-community. The institutional investors have shown very little interest in any of the altcoins (including Ethereum).
sr. member
Activity: 532
Merit: 250
Presale is live!
You are trying to tell me there are ATMs that dispense Bitcoin Cash?

I have a hard time believing that considering how new it is and the fact we don't know how long it will stay.

Look, there are a small group of people who want it and that is the only reason it is still alive.
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