Pages:
Author

Topic: Bitcoin ATM (Read 3210 times)

member
Activity: 98
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
March 21, 2016, 12:53:30 PM
#98
There is not a single ATM in my whole country, not even in a single city so it is impossible to use it here  Huh
They are distributed/created on the selected areas according to the number of people interested and adopted it, in an area if the use of bitcoin increase then there will it created I think.

well, i don't really think that there is any use for a Bitcoin ATM. Just buy Bitcoins from an exchange and then sell Bitcoins to that exchange.

I take it you are using a credit card or bank account to make those purchases?
Not all bitcoin atms but the ones near me tend to give lip service to the KYC rules and are easy to work around with say a payasyougo cellphone and this keeps the anon factor that I presumed a lot of us would like to keep.
The people using bank accounts and credit cards are risking the day the bank turns around and says your business is no longer welcome here. That is something I am not willing to risk to make a purchase easier.
The Atms are usually in high traffic areas and I tend to move through out the city for work and its easy to just swing in on my way to the next job. Least in theory its supposed to work that easy.
newbie
Activity: 42
Merit: 0
March 20, 2016, 01:13:55 PM
#97
There is not a single ATM in my whole country, not even in a single city so it is impossible to use it here  Huh
They are distributed/created on the selected areas according to the number of people interested and adopted it, in an area if the use of bitcoin increase then there will it created I think.

well, i don't really think that there is any use for a Bitcoin ATM. Just buy Bitcoins from an exchange and then sell Bitcoins to that exchange.
hero member
Activity: 2688
Merit: 588
March 20, 2016, 12:55:14 PM
#96
There is not a single ATM in my whole country, not even in a single city so it is impossible to use it here  Huh
They are distributed/created on the selected areas according to the number of people interested and adopted it, in an area if the use of bitcoin increase then there will it created I think.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
March 19, 2016, 02:00:18 PM
#95
There is not a single ATM in my whole country, not even in a single city so it is impossible to use it here  Huh
In my country is also not available, as many of the people at here is not aware with the term bitcoin, I think it will take some long time for its introduction to our all community and then will ATM come.
legendary
Activity: 1204
Merit: 1028
March 19, 2016, 11:27:57 AM
#94
i wish there's at least one in my country, just to give in some advertising so more people will know and more stores will accept bitcoin.
I am also waiting for one in my country, it will be more beneficial for me as I am using my bank to withdraw my earned money and the process takes a long time to convert to fiat and then withdraw to bank.
full member
Activity: 126
Merit: 100
March 19, 2016, 05:34:57 AM
#93
These things are just exclusive to USA, Canada and some parts of europe, I doubt there are ATM's dealing with bitcoin anywhere near my area...
full member
Activity: 126
Merit: 100
March 19, 2016, 04:58:46 AM
#92
I seen one just before, My country is not that related to bitcoin but one was opened here, I tried it once just for the fun and the fees did not encourage me to do it again.
member
Activity: 97
Merit: 20
March 18, 2016, 06:27:14 PM
#91
I do see the list at the bottom. Are all 35 operable?

Should be. I try to keep the list updated. In case I miss something, there is feedback section on every listing, where people can leave feedback.
You can read useful info about availability of machines there, which is aggregated in success rating of each machine.
sr. member
Activity: 448
Merit: 250
March 18, 2016, 04:25:40 PM
#90
The link you have provided says there are 11 in California.

There is a  mistake in this field, I've seen it, but didn't have time to fix it (state pages are added recently).
If you look at the map or at the list of machines below the map - there are much more than 11, about 35.

I do see the list at the bottom. Are all 35 operable?
legendary
Activity: 3038
Merit: 1188
March 18, 2016, 01:35:39 PM
#89
Why should you need a ATM if I may ask ?
Almost 80% has a smart phone know and you can pay with that because the wallets are mobile compatible.
I think this is not necessarily at all if I'm honest.
The reason is that there may be some places/stores which will not have any system for accepting bitcoin or they may not have adopted bitcoin so for paying them we should have need ATM to withdraw our money and use at there.
member
Activity: 97
Merit: 20
March 18, 2016, 01:04:36 AM
#88
The link you have provided says there are 11 in California.

There is a  mistake in this field, I've seen it, but didn't have time to fix it (state pages are added recently).
If you look at the map or at the list of machines below the map - there are much more than 11, about 35.
sr. member
Activity: 448
Merit: 250
March 17, 2016, 11:18:47 PM
#87
Hey guys. Very interesting discussion here.

Just wanted to address OP question - there are actually about 35 bitcoin machines in CA, not 2.
You can find here the full list of bitcoin ATMs in California.
Of course, there are several main areas with concentration of machines in Los Angeles, San Diego and San Francisco.

Also I mentioned several times people were mentioning like there are no machines, e.g. only 1 in Sydney. There are actually 5 machines in Sydney.


The link you have provided says there are 11 in California.
member
Activity: 61
Merit: 10
March 17, 2016, 01:00:52 PM
#86
I find them useful but the are very sporadic in distribution, You can't expect to find one near your area easily.
Also the fees are just huge, it might be cheaper to use localbitcoins...
full member
Activity: 153
Merit: 100
March 17, 2016, 12:09:51 PM
#85
There is not a single ATM in my whole country, not even in a single city so it is impossible to use it here  Huh
member
Activity: 84
Merit: 10
March 17, 2016, 12:08:54 PM
#84
I see a lot of talk about fees the local atm here offers 1% transactions once a week to encourage use. Otherwise its %5 but some of these places hide the extra fee in what they deem to be the current price of bitcoin. Usually pads it in their favor.
sr. member
Activity: 250
Merit: 250
March 17, 2016, 12:06:13 PM
#83
I used one before, I had to drive a car for hours and was more of a cambing trip than a regular, easy process... These things are easier than localbitcoins but the fees and the small number of ATM's makes them impractical.
full member
Activity: 196
Merit: 100
March 17, 2016, 10:10:09 AM
#82
i wish there's at least one in my country, just to give in some advertising so more people will know and more stores will accept bitcoin.
sr. member
Activity: 420
Merit: 250
March 17, 2016, 10:07:37 AM
#81
Why should you need a ATM if I may ask ?
Almost 80% has a smart phone know and you can pay with that because the wallets are mobile compatible.
I think this is not necessarily at all if I'm honest.
full member
Activity: 154
Merit: 100
March 17, 2016, 09:43:30 AM
#80
It will be nice if that is possible. Because than many people will see it and that will be a good advertise for Bitcoin.
But to have the ATM then Bitcoin must also be more used, otherwise they are not going to use it.

Yes agrees. You need to promote Bitcoins to a level that it is used everywhere. Only then ATM will be accepting Bitcoins as
a form of transcations. And ofcourse with ATM supporting bitcoins, you can see the rise of this Digital currency to a great level.
hero member
Activity: 616
Merit: 500
March 17, 2016, 06:41:35 AM
#79
It will be nice if that is possible. Because than many people will see it and that will be a good advertise for Bitcoin.
But to have the ATM then Bitcoin must also be more used, otherwise they are not going to use it.
Pages:
Jump to: