Pages:
Author

Topic: Bitcoin ATM - page 8. (Read 7122 times)

sr. member
Activity: 406
Merit: 250
September 07, 2016, 09:26:33 AM
#46
From what I know where I am from they do not have any Bitcoin ATM´s, why they do not exist where I am from is something I do not know.
Maybe that they will build some here in the future but to me it does not matter much.
member
Activity: 67
Merit: 10
September 03, 2016, 12:04:06 PM
#45
There are few around here, one being in the same site I live in, went there once and it was fun seeing a real-physical bitcoin ATM.. The good thing is that allot of new BTC ATM operators are no coming in and covering more areas with it, Definitely positive for bitcoin adoption.
hero member
Activity: 700
Merit: 500
September 03, 2016, 04:02:00 AM
#44
We got 2 in Athens! yes we do need more! one in thessaloniki for sure and one in Heraklion(crete)! I think those are the hot spots in Greece that need an atm of btc!
member
Activity: 97
Merit: 10
September 03, 2016, 03:53:25 AM
#43
One for sure, I tried looking these up in google maps and multiple other sides and couldn't find except one located in a high-density area, Went there just to try it and it was fun although the fees where a little bit high IMO, Would be better if it could exchange BTC to USD as well...
sr. member
Activity: 280
Merit: 253
September 03, 2016, 03:31:09 AM
#42
With current KYC policies and usually really high additional fee most of BTM has I would rather use standard bitcoin exchange than seek BTM.
They either need to make them easier to use or it will be dead end of bitcoin evolution. BTMs are currently more like more exotic billboards...
more exotic billboards are still billboard and it is a good and constant reminder that bitcoin exists. we could use some more advertisement.
but i also see the problem with unusable bitcoin atms. maybe a limit of $50 per day and customer but without a high fee and KYC would be a good way to start it. it would be not much money but to play around and lean it would be enough. 
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
September 03, 2016, 02:40:44 AM
#41
With current KYC policies and usually really high additional fee most of BTM has I would rather use standard bitcoin exchange than seek BTM.
They either need to make them easier to use or it will be dead end of bitcoin evolution. BTMs are currently more like more exotic billboards...
full member
Activity: 196
Merit: 100
September 03, 2016, 02:34:26 AM
#40
Bitcoin ATM recently not available if bitcoin ATM will available in my country or other country then i hope bitcoin will be get more popularity but i am sure Bitcoin ATM will be soon available in my country in the near future.
hero member
Activity: 910
Merit: 525
August 30, 2016, 05:30:00 PM
#39
there is some in Indonesia but i've never use it because it is not in my country , maybe when Bitcoin ATM spread in the world i will try to use it,
Really? Where is it?
I'd never heard Indonesia have "some" Bitcoin ATM spreaded.
hero member
Activity: 910
Merit: 525
August 30, 2016, 05:25:25 PM
#38
there is some in Indonesia but i've never use it because it is not in my country , maybe when Bitcoin ATM spread in the world i will try to use it,
Really? Where is it?
I'd never heard Indonesia have "some" Bitcoin ATM spreaded.
hero member
Activity: 658
Merit: 500
August 30, 2016, 04:48:00 PM
#37
There is no any ATM in my country, I want some of them In my country as my government is fair with that and people also are well educated and when they will see that ATM they will learn about bitcoin and will adopt bitcoin for their financial system.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
August 30, 2016, 03:39:19 PM
#36
i never using this cause as my knowledge ATMs Bitcoin only in one place and is far with my area, but i hope will have much ATMs Bitcoin in my country i dont know benefit and fee using this one
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 30, 2016, 02:29:55 PM
#35
So what are the non everyday transactions that we can use Bitcoins?

Not much on a large scale if you mean direct use of bitcoins. You can always play dice online or you can buy games at Steam. Other than that, there are few markets where bitcoins are used as a means of payment (in short, I don't know). On the other hand, Bitcoin can buy pretty much anything that money can buy provided you manage to find a seller who will accept it as payment...

For example, you can try to buy a home with it (this has been successfully done before)
legendary
Activity: 980
Merit: 1000
August 30, 2016, 02:07:27 PM
#34
i don't know the exact amount but there are several bitcoin ATM was available in my country currently but i was never use it because very far away from where i'm come from and i think that should be more in because bitcoin has more popular in my country and with bitcoin ATM will facilitate bitcoin users in my country
hero member
Activity: 496
Merit: 500
August 30, 2016, 08:35:45 AM
#33
"I remember that hype too. I think the idea with Bitcoin ATMs was still-born. As the time has shown, people rather opt for using regular payment cards which are linked to their online wallets and allow funds to be converted in real time when paying by card or withdrawing cash (such as Coinbase, Xapo, etc)...

Bitcoin proved itself to be very cumbersome and inconvenient in everyday transactions (like buying foods, paying bills, whatever)"

 So what are the non everyday transactions that
we can use Bitcoins?
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 30, 2016, 08:34:02 AM
#32
I think we have 2-5 bitcoin ATMs in my country, but i never met bitcoin ATM so far. In my opinion there should be more bitcoin ATM in my country, so people will notice it and maybe they can start using bitcoin.

I remember the hype around Bitcoin ATM's a few years ago. People expected that these would change everything and lead to Bitcoin mainstream adoption. Yet nothing like this happened. The reason is that Bitcoin ATMs were/are to expensive to buy/operate and are at the same time not attractive enough for potential users, since the associated fees are generally pretty high. The problem is that Bitcoin is not yet widely used, so the number of people that are already motivated to use a Bitcoin ATM is limited, which also limits the economical viability of Bitcoin ATMs for operators

I remember that hype too. I think the idea with Bitcoin ATMs was still-born. As the time has shown, people rather opt for using regular payment cards which are linked to their online wallets (such as Coinbase, Xapo, etc) and allow funds to be converted in real time when paying by card or withdrawing cash...

Bitcoin proved to be very cumbersome and inconvenient in everyday transactions (like buying foods, paying bills, whatever)

It was something that might not have been avoided, because I am sure that everyone would choose an activity that is fast, secure, efficient, and inexpensive. It's something very desirable by everyone, giving it all but bitcoin there really is a negative thing. So this is not a problem

That's why folks choose to take so-called Bitcoin payment cards which are based around existing payment card infrastructures like those of Visa or Mastercard
newbie
Activity: 42
Merit: 0
August 30, 2016, 08:26:32 AM
#31
I think we have 2-5 bitcoin ATMs in my country, but i never met bitcoin ATM so far. In my opinion there should be more bitcoin ATM in my country, so people will notice it and maybe they can start using bitcoin.

I remember the hype around Bitcoin ATM's a few years ago. People expected that these would change everything and lead to Bitcoin mainstream adoption. Yet nothing like this happened. The reason is that Bitcoin ATMs were/are to expensive to buy/operate and are at the same time not attractive enough for potential users, since the associated fees are generally pretty high. The problem is that Bitcoin is not yet widely used, so the number of people that are already motivated to use a Bitcoin ATM is limited, which also limits the economical viability of Bitcoin ATMs for operators

I remember that hype too. I think the idea with Bitcoin ATMs was still-born. As the time has shown, people rather opt for using regular payment cards which are linked to their online wallets (such as Coinbase, Xapo, etc) and allow funds to be converted in real time when paying by card or withdrawing cash...

Bitcoin proved to be very cumbersome and inconvenient in everyday transactions (like buying foods, paying bills, whatever)

It was something that might not have been avoided, because I am sure that everyone would choose an activity that is fast, secure, efficient, and inexpensive. It's something very desirable by everyone, giving it all but bitcoin there really is a negative thing. So this is not a problem
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 30, 2016, 08:24:21 AM
#30
I think we have 2-5 bitcoin ATMs in my country, but i never met bitcoin ATM so far. In my opinion there should be more bitcoin ATM in my country, so people will notice it and maybe they can start using bitcoin.

I remember the hype around Bitcoin ATM's a few years ago. People expected that these would change everything and lead to Bitcoin mainstream adoption. Yet nothing like this happened. The reason is that Bitcoin ATMs were/are to expensive to buy/operate and are at the same time not attractive enough for potential users, since the associated fees are generally pretty high. The problem is that Bitcoin is not yet widely used, so the number of people that are already motivated to use a Bitcoin ATM is limited, which also limits the economical viability of Bitcoin ATMs for operators

I remember that hype too. I think the idea with Bitcoin ATMs was still-born. As the time has shown, people rather opt for using regular payment cards which are linked to their online wallets and allow funds to be converted in real time when paying by card or withdrawing cash (such as Coinbase, Xapo, etc)...

Bitcoin proved itself to be very cumbersome and inconvenient in everyday transactions (like buying foods, paying bills, whatever)
legendary
Activity: 1806
Merit: 1024
August 30, 2016, 08:10:41 AM
#29
I think we have 2-5 bitcoin ATMs in my country, but i never met bitcoin ATM so far. In my opinion there should be more bitcoin ATM in my country, so people will notice it and maybe they can start using bitcoin.

I remember the hype around Bitcoin ATM's a few years ago. People expected that these would change everything and lead to Bitcoin mainstream adoption. Yet nothing like this happened. The reason is that Bitcoin ATMs were/are to expensive to buy/operate and are at the same time not attractive enough for potential users, since the associated fees are generally pretty high. The problem is that Bitcoin is not yet widely used, so the number of people that are already motivated to use a Bitcoin ATM is limited, which also limits the economical viability of Bitcoin ATMs for operators.

Another problem is the privacy-hostile design of the majority of Bitcoin ATMs, especially two-way fiat<->BTC machines, which treats every user like a potential criminal. Therefore a lot of potential users will resort to other means of acquiring BTC which are not as invasive.

Because of these reasons I'm skeptical if Bitcoin ATMs in their current form can really contribute to Bitcoin adoption.

ya.ya.yo!
hero member
Activity: 496
Merit: 500
August 30, 2016, 05:49:42 AM
#28

 I think this is a little-known subject as well as companies that manage !  Cool
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 29, 2016, 04:21:20 PM
#27
in my city, i am not yet found ATM in any places, maybe this is because people which know bitcoin not much or they don't know about bitcoin ATM. maybe in future i will make it happen for bitcoiners in my city  Grin

the OP was lucky can found one ATM on Lisbon.
Pages:
Jump to: