Good one Arvind
I was just kidding 
But yeah, I have seen things take that path before.
Topic: Bitcoin ATM in India ? - page 2. (Read 7524 times)
But yeah, I have seen things take that path before.
This link might helpful for ATM operators.
http://rbi.org.in/scripts/NotificationUser.aspx?Id=7286&Mode=0
http://rbi.org.in/scripts/NotificationUser.aspx?Id=7286&Mode=0
Good one Arvind
I doubt the police will even know what is the machine for We might get away by telling them, that its an experiment.
We might get away by telling them, that its an experiment.
Again the case of uncertainty ..! does anyone still know where RBI stands on BITCOIN ..? If ever one even gets the permission to setup a bitcoin ATM in India there are lots of other things to consider as mentioned above most people here likes to play safe or technically not that advanced to understand it, but it will surely help bitcoin to get the required attention ..! Even if it takes some 5 years to setup 1st BTC ATM in India I'll call it a win..!
@BTC INDIA
I am just doing a research now. Not even sure if any of the vendors which can do INR currency.I am based in London and i don't see much volume here though.
I am just doing a research now. Not even sure if any of the vendors which can do INR currency.I am based in London and i don't see much volume here though.
Is there a Bitcoin ATM or BTM in India ?
Would love see one in Banglore and Kerala ( due to remittance market )
I would like to know the opnions from community members
Thanks
Would love see one in Banglore and Kerala ( due to remittance market )
I would like to know the opnions from community members
Thanks
ATM in India is established only with RBI's permission.
do you know from wherecan I buy a bitcoin machine?
Please don't rush with decision of buying machine. First thing you must worry about is regulation. You'll need to take permission from government. I don't know how ATM's are sanctioned. Previously I believed it to some task reserved for banks until I discovered ATM by Tata. I'll tell you procedure after conducting research.
If you're successful in establishing one, how you plan to provide liquidity?
Is there a Bitcoin ATM or BTM in India ?
Would love see one in Banglore and Kerala ( due to remittance market )
I would like to know the opnions from community members
Thanks
Would love see one in Banglore and Kerala ( due to remittance market )
I would like to know the opnions from community members
Thanks
ATM in India is established only with RBI's permission.
do you know from wherecan I buy a bitcoin machine?
Is there a Bitcoin ATM or BTM in India ?
Would love see one in Banglore and Kerala ( due to remittance market )
I would like to know the opnions from community members
Thanks
Would love see one in Banglore and Kerala ( due to remittance market )
I would like to know the opnions from community members
Thanks
I wish there was a Bitcoin ATM in India. Not just in the two cities mentioned but all over India. Lets face it, Bitcoin adoption is extremely slow in India due to our inherent nature to play it safe all the time and BTC volatility does not help matters. BTC technologically is also very advanced for an average Indian to understand.
When you talk about remittances, i think its not much help, coz there is fees involved when converting BTC to Fiat, so its really additional cost and hassle (ofc lesser cost than a bank transfer maybe!). BTC ATMs can come up only if people adopt BTC as a form of payment and not measure it in Rupees or Dollars. 1 BTC = 1 BTC and not 1 BTC = XXXXX Rupees. The day people realize this and see it for what it really is (a Currency in its own right), ATMs will be pretty common imo! My 2 satoshi.
Is there a Bitcoin ATM or BTM in India ?
Would love see one in Banglore and Kerala ( due to remittance market )
I would like to know the opnions from community members
Thanks
Would love see one in Banglore and Kerala ( due to remittance market )
I would like to know the opnions from community members
Thanks
ATM in India is established only with RBI's permission.
Is there a Bitcoin ATM or BTM in India ?
Would love see one in Banglore and Kerala ( due to remittance market )
I would like to know the opnions from community members
Thanks
Would love see one in Banglore and Kerala ( due to remittance market )
I would like to know the opnions from community members
Thanks
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