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Topic: Bitcoin ATM increasing at rapid rate.... update - page 3. (Read 1124 times)

legendary
Activity: 3234
Merit: 5637
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I remember it was a topic with some luxury things we can buy with BTC,and there is also mentioned ATM machine.It seems to be a very profitable investment because ROI is less than a year,but it depends where is ATM located,big or small city.

If we look in map of available ATMs in the world USA is convincingly in the first place with 1028 ATMs,Canada is following with 257 ATMs and best Europe country is UK followed by Austria and Spain.It is interesting that Japan have only 16 location so far,considering they have some big plans for cryptocurrency this number should go up in future.

https://coinatmradar.com/countries/
full member
Activity: 406
Merit: 102
I haven't heard one in my country, I think someone said that ther e is one in makati Philippines. But I don't live there, maybe I'll have a chance if I travel sometime. On my province there is no such thing yet. I'm in a small province with 6 towns only. And As far as I know, we who uses bitcoins here only convert it to fiat via remittances and banks .
full member
Activity: 224
Merit: 101
in the small country i'm living in there are a whole 20 BTC atm machines and, by the look of it (there is only one in my city) people likes it a lot, you can always find somebody using it.
Weird enough in my home country (Italy) there are only 11 and not a single one in capital city or big city like Milan
hero member
Activity: 1680
Merit: 655
With a considerable increase of Bitcoin ATM machines, I don't think that it automatically translates to growth but an opportunity for these businessmen to lure out new people in the Bitcoin world. With my personal experience the exchange rates in Bitcoin atms are not fair favoring the business owner of the atm machines. Even though it is not safe I would still recommend people in selling their own Bitcoin or buying Bitcoin in another way aside from using Bitcoin atms.
full member
Activity: 378
Merit: 101
Bitcoin is really increasing and the demand is get high almost every month, because much more people are beginning to value you more than before 
full member
Activity: 630
Merit: 102
I am very excited to hear that there is rapid increase in Bitcoin ATM in some countries. I just have to celebrate with the citizens of those countries. In my country we do not have anything like Bitcoin ATM so I only see it on the internet. I am only having hope that one day we will have Bitcoin ATM in my  country.
full member
Activity: 461
Merit: 101
There are only 2 ATMs at the moment in my country and all of this 2 are in our capital city. It's a bit depressing to see that almost all of our neighboring countries have more ATMs.
hero member
Activity: 887
Merit: 516
Bitcoin OG

There's more ATMs in my area as well, I've only used it once and it's quite a fascinating experience to see it operate smoothly see the physical manifestation of the blockchain and also it's great way to raise awareness to Bitcoin too.
full member
Activity: 139
Merit: 100
atm which is amazing because atm that will never break and maybe to make it need money very much i want to go see atm bitcoin in bali ,, whether it will materialize or not. Smiley
full member
Activity: 196
Merit: 109
In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.
Sounds cool.
Where do you live bro?
hero member
Activity: 2618
Merit: 548
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Wow, this is good news! many ATM provider adopt the cryptocurrencies now a days. I also hope that they put ATM machine on my locality so I can enjoy the benefits of it. Because at this time we don't have even a single one.
Bitcoin ATM's have made a big change in the accessibility of bitcoin as well other conventional money. I'm not sure about the present atm implementation, but in the past ATM's had a high transaction fee for which several ATM's around different parts of the world has been taken away from usage.
legendary
Activity: 2646
Merit: 2691
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In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.

I get really depressed when I read things like this. My country has 4 bitcoins machines so I consider myself really lucky to live in a city with one Smiley Hopefully the trend will come to other parts of the world as well.
In my country ,I heard there is one already though it's still fine since more bank were putting some options to convert btc to our fiats and cash it out easily.

The bank option is a no go for many BTC users. It defeats the whole purpose of anonymity. BTC cash machines are installed by 3rd party and theoretically you can do your transactions without government monitoring you. And anyway if you don't have problems using your bank account you can get payments from some exchanges directly to it and you can buy BTC with your card.
hero member
Activity: 2716
Merit: 904
Wow, this is good news! many ATM provider adopt the cryptocurrencies now a days. I also hope that they put ATM machine on my locality so I can enjoy the benefits of it. Because at this time we don't have even a single one.
sr. member
Activity: 812
Merit: 253
How I wish there'd be Bitcoin ATM machines in our country and area too. At least I won't have to transfer my funds to my bank and then withdraw it from the machine. Hopefully there'd be Bitcoin Debit Card too so I can just place my money there and don't really have to go far and travel just to get my cash.
sr. member
Activity: 1372
Merit: 261
Due to the fact that gradually the bitcoins are accepted. And it will not prevent so that we prepare new henarasyo that money is no longer needed and our world will be measured fairly poor not rich. Let us now prepare that the world will not be covered by evil and will not rob us. This is the beginning of the crypto revolution and we will soon be able to use it
full member
Activity: 266
Merit: 100
In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.

Wowh your so lucky, what country is that?
I am hoping also that someday our government will realize and accept bitcoin like in your country.
This will be a big help to all bitcoin lover.
hero member
Activity: 1834
Merit: 759
In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.

Where are you from OP? 50% increase in four months, that's a pretty rapid expansion, especially considering there were only 3 a few years ago.

We have a grand total of 4 in my country, and in rather close proximity to each other. I wish there was one in my vicinity because I honestly have no idea how one would work. Do they give better rates than your local exchanges, or are they charging a hefty convenience fee? Are there maximum withdrawal amounts?
newbie
Activity: 52
Merit: 0
I'm sure as the price gets more stable, fees will lower.
sr. member
Activity: 508
Merit: 250
In CryptoEnergy we trust
In my city, there was 62 bitcoin machines in June. Now there is 92 ATM machines around the city. Crazy.
In 2013-2014, there was 3 machines.

I get really depressed when I read things like this. My country has 4 bitcoins machines so I consider myself really lucky to live in a city with one Smiley Hopefully the trend will come to other parts of the world as well.
In my country ,I heard there is one already though it's still fine since more bank were putting some options to convert btc to our fiats and cash it out easily.
legendary
Activity: 2058
Merit: 1030
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Well that was  honestly good news its a sign that bitcoin is getting more impression in your city but here in my country we only have 4 atm machine but last  2 years ago we only have 1 atm but after 2 years added 3 atm  bitcoin machine and hope they can spread  bitcoin atm more in every region in my country the rate is just like you are buying in exchanges with 2.5% buy rate and sell rate.. and hope they can decrease the fee rate for exchanges..
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