Topic: Bitcoin ATM just installed at an NYC deli - page 2. (Read 1113 times)
Great bits of kit these. even if they are not used they are still a great advertisement for the progress of bitcoin. i used my first bitcoin atm a month ago, purly out of interest and to support the owner. I find the price is usally abit higher which is to be expected i suppose.
How much are the fees it charges, and how does it decide what exchange rate to use?
If it's charging ridiculous fees like 20% it won't get many customers, but if it charges less than the other NY BTMs people will use it. Is it on this BTM map yet?
http://coinatmradar.com/
There are so many BTMs in New York that it's not easy to find if it's on that map.
What do you mean with "they"? Deli stores? I have not seen many evidences that there are a bunch of those ATMs in NYC.
They have a lot of those. Not impressed.
They have a lot of those. Not impressed.
Great, another bitcoin ATM = more people using BTC 
only problem is due to the bitlicence, regular bitcoiners have fled away from new york for other states and countries.
goodluck with the fee's that will be needed to pay off the BTM owners licence..
goodluck with the fee's that will be needed to pay off the BTM owners licence..
The company operating the ATM on Reddit: "To operate this business in the state of New York, we must comply with regulations. For transactions over $800 per day we must have an ID on file with a limit of $3,000 per day. The phone number is just proving that customers aren't exceeding the daily limits"
As stupid as it may be, I can somehow understand why this is needed. Just imagine the amount of illegal money that is going to go through these kinds of machines, giving receipts out and suddenly you prove of where your money came from.. Money launderers dream
only problem is due to the bitlicence, regular bitcoiners have fled away from new york for other states and countries.
goodluck with the fee's that will be needed to pay off the BTM owners licence..
goodluck with the fee's that will be needed to pay off the BTM owners licence..
The company operating the ATM on Reddit: "To operate this business in the state of New York, we must comply with regulations. For transactions over $800 per day we must have an ID on file with a limit of $3,000 per day. The phone number is just proving that customers aren't exceeding the daily limits"
I guess, it is very costly to place a ATM somewhere in a crowded place like New York City.
So, such little stores fit best to offer Bitcoin ATMs without having a big budget.
So, such little stores fit best to offer Bitcoin ATMs without having a big budget.
Is it true or a Photoshop? why is it placed in some shop and not on a public place like normally atm are? if it is true it is very enthusiastic news I wish it become a normal sight in every part of world
Is it true or a Photoshop? why is it placed in some shop and not on a public place like normally atm are? if it is true it is very enthusiastic news I wish it become a normal sight in every part of world
It seems to be legit. 
only problem is due to the bitlicence, regular bitcoiners have fled away from new york for other states and countries.
goodluck with the fee's that will be needed to pay off the BTM owners licence..
goodluck with the fee's that will be needed to pay off the BTM owners licence..
Is it true or a Photoshop? why is it placed in some shop and not on a public place like normally atm are? if it is true it is very enthusiastic news I wish it become a normal sight in every part of world
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