Bitcoin ATM - page 4. | Bitcointalksearch.org

andrei56

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Quote from: Barbut on December 07, 2016, 12:52:36 AM

Quote from: andrei56 on December 07, 2016, 12:39:09 AM

There is not a single ATM in my entire country, it would be nice to at least have one and being part of the bitcoin revolution, but unfortunately that is simply not the case.

Its not a case now, but in near future you will get one, soon every country and big cities will have at least one bitcoin ATM. US have 516, Canada 135 and United Kingdom 44, they are leaders in this and my country have only 2 I expect there will be one more added in next year. Bitcoin ATM's are good way for people to get some bitcoins fast and safe, that's why there will be a lot of them all over the world.

True, but maybe I’m being too paranoid but wouldn’t places like these be perfect honey pots? You know, a government could place a camera in the ATM to see who uses it and then investigate them.

darklus123

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Quote from: carlisle1 on December 07, 2016, 12:24:49 AM

I agree, Usually Bitcoin ATMs are only available in some big and well-known countries just like Singapore, US, and some countries from Europe and maybe there's a one Bitcoin ATM in your country just like what I have found out in my country but for sure it will be located at Luxurious Place just like in Makati, Philippines .

We actually don't have to worry much more about bitcoin atm because of the certain service (exchanger site i would just mentioned) because we can easily load our bitcoin wallet through department store 711,we do all know that 711 is much cooler than atm's and can easily cash them out on a cardless atm

Frank Alister

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I don't know if we have here or not, but it would be perfect if there were everywhere, in the world. I can't wait until this day. Grin

agatha818

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When i was in finland there were atleast 2 bitcoin atm, very accessible and convenient.

Liang_Kubur

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One step advancement for bitcoin, after the bitcoin ATM, I hope many official agencies that want to use and accept the bitcoin as payment instrument.

Barbut

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★Bitvest.io★ Play Plinko or Invest!

Quote from: andrei56 on December 07, 2016, 12:39:09 AM

There is not a single ATM in my entire country, it would be nice to at least have one and being part of the bitcoin revolution, but unfortunately that is simply not the case.

Its not a case now, but in near future you will get one, soon every country and big cities will have at least one bitcoin ATM. US have 516, Canada 135 and United Kingdom 44, they are leaders in this and my country have only 2 I expect there will be one more added in next year. Bitcoin ATM's are good way for people to get some bitcoins fast and safe, that's why there will be a lot of them all over the world.

andrei56

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There is not a single ATM in my entire country, it would be nice to at least have one and being part of the bitcoin revolution, but unfortunately that is simply not the case.

carlisle1

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Quote from: Ewinsane on December 06, 2016, 05:36:12 PM

there is a lot of bitcoin Atm are avalaible but i think they just for big country or they are for successful country and it can be never use in small country but i hope we can be get this facility sooner to start use bitcoin ATM in anywhere for shopping in the future .

I agree, Usually Bitcoin ATMs are only available in some big and well-known countries just like Singapore, US, and some countries from Europe and maybe there's a one Bitcoin ATM in your country just like what I have found out in my country but for sure it will be located at Luxurious Place just like in Makati, Philippines .

hayden

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Quote from: 20kevin20 on December 06, 2016, 02:16:13 PM

Quote from: hayden on December 06, 2016, 02:13:42 PM

Is there a map where I can see all the different btm locations?

CoinDesk and CoinATMRadar are the best known websites on which you can look for ATMs. If you want to withdraw money, that can help but also search on Google for ATMs in your local language. I found hundreds in my country (but I can only deposit money on them). I hope I helped.

Thanks Kevin. Coinatmradar is cool. Never knew it existed, guess I should have given it a google eh.

lol.
Grin

scriptology

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https://coinatmradar.com/

virtualkeybuyer

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There is no any bitcoin ATM in my country as the users of bitcoin are currently lower in number in our country I hope if the the number of them will increase we will also have one ATM in our country. Currently we are relying on normal ATMs with our bitcoin ATM cards.

Ewinsane

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there is a lot of bitcoin Atm are avalaible but i think they just for big country or they are for successful country and it can be never use in small country but i hope we can be get this facility sooner to start use bitcoin ATM in anywhere for shopping in the future .

cardoyasilad

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In our countey there are two bitcoin atm's but i have not seen yet those atm's because it is a bit far from our place hoping to add more in our place.

20kevin20

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Quote from: hayden on December 06, 2016, 02:13:42 PM

Is there a map where I can see all the different btm locations?

CoinDesk and CoinATMRadar are the best known websites on which you can look for ATMs. If you want to withdraw money, that can help but also search on Google for ATMs in your local language. I found hundreds in my country (but I can only deposit money on them). I hope I helped.

hayden

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Is there a map where I can see all the different btm locations?

VanKleiss

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Quote from: tubexc on August 28, 2016, 06:27:36 PM

Hello guys Grin

How many bitcoin ATMs do you
have in your country?
Here in Portugal there's only one
in Lisbon!
Do you think there should be more in
your country or are sufficient?

I just made a google search while ago and then I've found that there's only Bitcoin ATM here in my country it could be a good news for me that there's at least one but the bad thing is that it is far from the place where I am residing and it is located inside a hotel so it will awkward for me to try to use it as I am not actually going inside a hotel Grin

Yutikas_11920

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Quote from: Nevis on December 06, 2016, 04:41:50 AM

Im not familiar if there are bitcoin atm's here at singapore but back when im in portugal also we have the same number of bitcoin atms there but here in singapore im not in mind if there is a one here

Indeed for now bitcoin atm are not available in every country, because it is bitcoin is a digital currency that has no parent. So this all could not be obtained if no one is interested in creating or help spread the growth of the bitcoin to all countries or all over the world. There are indeed some countries existing bitcoin ATM, yet it is the ATM made by those who want to see the bitcoin into digital currency and not the company that makes the bitcoin

Nevis

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Im not familiar if there are bitcoin atm's here at singapore but back when im in portugal also we have the same number of bitcoin atms there but here in singapore im not in mind if there is a one here

tee-rex

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Quote from: Yakamoto on December 06, 2016, 12:29:10 AM

Quote from: Gotottack on December 01, 2016, 09:21:02 PM

Quote from: n0ne on December 01, 2016, 06:20:48 PM

Quote from: fiscorcle on December 01, 2016, 05:13:19 PM

Quote from: Rahees on December 01, 2016, 01:24:10 PM

Do these ATM's take fees?
Not any in England I dont think.

They must take a fee of some sort so to keep operating.
The miner's fee atleast for them to send you bitcoin.

A small fee similar to our transaction fee can be levied. Even debit/credit cards have certain limitations and fees were collected in ATM's for withdrawal of money. Haven't used ATM, but saw a bitcoin card which can be used similar to debit cards in limited shops.

ATMs in our country doesn't have fees if you use them on the ATMs of the bank that issued the ATM card/debit card. But if you use them on another bank's ATM then that is another story. They charge around $0.3 per withdrawal and $0.01 for balance inquiry. So here, you have to find your bank's ATM so you won't have to pay for the fees.

If there would be a Bitcoin ATM, I think it not have fees. Because the transaction is like currency exchange. Exchanges earn from the exchange rate. They buy low and sell high. That should cover the fees of operating a Bitcoin ATM.

Chances are they don't have a direct fee when it comes to transactions or anything, however, I would be very, very surprised if they don't at least have some kind of proxy fee through what value they sell their Bitcoin at. It HAS to be above spot price, otherwise there is essentially no incoming revenue for that business and chances are it is going to die soon.

As you said, they are most likely selling bitcoins at a premium to the spot price, else they would be quickly out of business. I think it is very much like retail currency exchanges that might not levy any commissions but still be a highly profitable business earning decent profits through the spreads to the current market price.

carlisle1

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Quote from: tubexc on August 28, 2016, 06:27:36 PM

Hello guys Grin

How many bitcoin ATMs do you
have in your country?
Here in Portugal there's only one
in Lisbon!
Do you think there should be more in
your country or are sufficient?

Here in my country we don't have at least one bitcoin ATM we still need to sell our bitcoin and convert to fiat although we have to do this process first at least bitcoin is not illegal in our country and it will be nice if there's any place here that has a ATM like that. And of course there should at least one or two Grin

Topic: Bitcoin ATM - page 4. (Read 7122 times)