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Topic: bitcoin atm - page 7. (Read 6425 times)

hero member
Activity: 714
Merit: 531
June 01, 2017, 08:01:02 AM
#99
Someone told me that there are many atm bitcoins machine in northen countries but he didnt mention it specifically,here in philippines i know one bitcoin atm machine but i havent try it now
Me also i heard that in my country there are bitcoin atms but until now i do not see the atm and i do not know where they are installed because i want to try it if i can withdraw fiat directly using bitcoin virtual card.
sr. member
Activity: 378
Merit: 250
June 01, 2017, 07:54:05 AM
#98
Someone told me that there are many atm bitcoins machine in northen countries but he didnt mention it specifically,here in philippines i know one bitcoin atm machine but i havent try it now
klf
legendary
Activity: 1344
Merit: 1000
June 01, 2017, 07:46:48 AM
#97
Bitcoin ATM is a good business to profit with and big ATM manufacturer were entering the bitcoin ATM development business. In the meantime in some places the ATM's were stopped from service because of the decreased usage from the public.

In my country also got a couple of bitcoin atm machines but they charge a slightly higher fee to purchase bitcoins compared to buying directly from other exchanges. So I never used these matches to purchase bitcoins. But these are good if anyone wants a bitcoin immediately for some reason.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
June 01, 2017, 01:46:23 AM
#96
What exchange rate will be adopted by these ATMs?
I think about the average price from all of the exchange site. It will be fair rather than took a rate from the exchange site. So the exchange site will adopt the exchange rate from all of the exchange sites.
sr. member
Activity: 1792
Merit: 264
June 01, 2017, 01:42:19 AM
#95
So far I have not heard much about bitcoin atm, Only on one island that I know for in my country where bitcoin atm is already there in Bali.
Probably because of the many tourists who visit then the make way alternativ way to transact that is using atm bitcoin service.
hero member
Activity: 1246
Merit: 529
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May 30, 2017, 05:28:41 AM
#94
Bitcoin ATM is a good business to profit with and big ATM manufacturer were entering the bitcoin ATM development business. In the meantime in some places the ATM's were stopped from service because of the decreased usage from the public.

well I don't know how this would come into play but there are already atm machines that allow you to withdraw money directly from your online wallet. it's probably not yet that widely used but in the future I think there will be a lot of banks that would allow you to do this.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
May 29, 2017, 12:21:01 PM
#93
What exchange rate will be adopted by these ATMs?

Of course the fiat that the ATM accepts. I'm hoping Bitcoin ATMs start cashing out Bitcoin for dis too rather than just accepting fiat for bitcoins. When that happens I guess it will clear up a lot UFC the misunderstanding people have about Bitcoin ATMs.

No it clears nothing because you have no clue what he was asking for.
He was asking how they calculate the exchange rate, and your answer is the typical post hunting crap.

Most atm use an average just like this one here:
https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd to avoid sudden pumps or dumps or rogue exchnges like the case of the mtfail or the recent trouble at bitfinex.



sr. member
Activity: 686
Merit: 253
May 29, 2017, 10:24:55 AM
#92
What exchange rate will be adopted by these ATMs?

Of course the fiat that the ATM accepts. I'm hoping Bitcoin ATMs start cashing out Bitcoin for dis too rather than just accepting fiat for bitcoins. When that happens I guess it will clear up a lot UFC the misunderstanding people have about Bitcoin ATMs.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
May 29, 2017, 10:23:36 AM
#91
Bitcoin ATM is a good business to profit with and big ATM manufacturer were entering the bitcoin ATM development business. In the meantime in some places the ATM's were stopped from service because of the decreased usage from the public.
newbie
Activity: 10
Merit: 0
May 29, 2017, 10:12:07 AM
#90
I think, it could be a decent business for us. Additionally a decent venture for every one of us. We ought to go out on a limb of contributing bitcoin ATM, it would be the one of the best venture I think. We ought to accept this open door to contribute for. I think it could be a well known for all who utilizes bitcoins. It can help a ton for us who are utilizations bitcoins
full member
Activity: 294
Merit: 100
May 29, 2017, 06:43:52 AM
#89
In my country philippines we have atm machine but I cannot try this because its too far to my home . And I see the difference of buy and sell its very far I think the difference is 200 dollars . I dont like ATM machine because I see the price of selling and buying. Many people also dont like this because they see the price. They use localbitcoin to exvhabge my bitcoin and we have own wallet and the price is very fair compared to the others. But if the price in atm will near soon I will try to use it.
As long as the price will be fair or as close as the amount that it should be then I will also go with it but if not then I'll try other method to do so. The difference in buy and sell is adjusted based on what they lose and they need to recover from this and gain from it. We just need to be smart and wise in making decisions so that others wouldn't take advantage of us and let ourselves be controlled by them.
sr. member
Activity: 1288
Merit: 253
May 28, 2017, 11:03:40 PM
#88
In my country we do not have ATM bitcoin.

Hopefully in the future there will be bitcoin ATM in my country because today bitcoin has been used for payment of various transactions in some countries in the world.

Indonesia already has three atm available in three cities, I think all bitcoin users there already know this, please check again before you post anything that is not true. Although in reality the atm provided only appears as a symbol that is not widely used, but this is a very good breakthrough to promote cryptocurrency.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
May 28, 2017, 08:18:41 PM
#87
I have an ATM in the city I live in. However, my friends who use ATMs say they pay a lot of fees, and I have to ask them for sanity? But when I searched for a bit, the gore was between 5% and 10%, which is a high rate.
Really normal thing seeing that ATM requires electricity, places, and so on. Basically, ATMs are available just to make the transaction of either converting money to bitcoin or vice versa a lot easier, regardless of the overwhelming high fee which every transaction requires.
Though, If you have a good connection and internet banking, why did you go to the ATM for no reason? just simply go to your local exchanges' website and buy bitcoin there.
member
Activity: 84
Merit: 10
May 28, 2017, 08:02:06 PM
#86
In my country we do not have ATM bitcoin.

Hopefully in the future there will be bitcoin ATM in my country because today bitcoin has been used for payment of various transactions in some countries in the world.
sr. member
Activity: 392
Merit: 253
Open and Transparent Science Powered By Blockchain
May 28, 2017, 07:23:45 PM
#85
What exchange rate will be adopted by these ATMs?
sr. member
Activity: 714
Merit: 261
May 28, 2017, 10:14:09 AM
#84
In Israel we have a bitcoin ATM.

It's really simple, you just need to:
1. scan your wallet address barcod
2. put in some cash
3. aprove the transaction
4. wait for the transaction to your wallet

I think it should become more and more common everywhere in the world.

That sounds cool dude. How much is the fees for bitcoin ATM ? What is your experience with it. Is it more convenient that online bank transfer or the fees are high. Never seem a bitcoin ATM really. Show us a video or something. Also want to know how much time does it take to reflect in your wallet. Because as you can see online transaction are getting heavier and time has increased a lot. Plz share.
sr. member
Activity: 756
Merit: 253
May 28, 2017, 09:19:21 AM
#83
In my country philippines we have atm machine but I cannot try this because its too far to my home . And I see the difference of buy and sell its very far I think the difference is 200 dollars . I dont like ATM machine because I see the price of selling and buying. Many people also dont like this because they see the price. They use localbitcoin to exvhabge my bitcoin and we have own wallet and the price is very fair compared to the others. But if the price in atm will near soon I will try to use it.

But you should understand that the ATM was put up by an investor who will be looking out for his profits so paying for s little extra shouldn't be a problem else use the exchanges but I think the ATMs offer better security.
hero member
Activity: 1400
Merit: 536
May 27, 2017, 06:29:22 AM
#82
I have an ATM in the city I live in. However, my friends who use ATMs say they pay a lot of fees, and I have to ask them for sanity? But when I searched for a bit, the gore was between 5% and 10%, which is a high rate.
hero member
Activity: 1274
Merit: 513
May 27, 2017, 04:16:59 AM
#81
In my country philippines we have atm machine but I cannot try this because its too far to my home . And I see the difference of buy and sell its very far I think the difference is 200 dollars . I dont like ATM machine because I see the price of selling and buying. Many people also dont like this because they see the price. They use localbitcoin to exvhabge my bitcoin and we have own wallet and the price is very fair compared to the others. But if the price in atm will near soon I will try to use it.
sr. member
Activity: 896
Merit: 272
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May 27, 2017, 03:22:16 AM
#80
I saw some videos in youtube that they're using atm with bitcoin i wonder how far it goes. because i know its hard to if its have an atm machine. we all know that bitcoin is made to be cryptocurrency which is intended to be used online for faster transaction with no extra cost just like other remittance center. but still i want to try to use atm machine of bitcoin and to see how it works and whats the advantages of it.
i think bitcoin atm is a good adea. but currently it is not working properly, it will be more helpful when the users of bitcoin will increase, and in such situation atm machines will be more helpful.
Surely that would make things much easier. That way users would not need to rely on credit card to cash out. I know there are already Bitcoin debit card, the problem is that the rates are a bit high at the moment. More companies have to appear, so there's going to be more competition and rates are likely to decline.
Having bitcoin atm is a good idea for me. Some bitcoin user they can withdraw easily and I think I have low fees. If there’s a bitcoin atm you can save your bitcoin easily and it will be very helpful to the people.
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