Bitcoin ATM locations on a rapid increase... wow

athanz88

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Quote from: JimmyButlerCollector on November 08, 2017, 01:23:22 PM

October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.

In what city do you live? That is quite some progression for bitcoin ATM for the moment. I can imagine how convenient it is to have an ATM that use bitcoin, for people who uses bitcoin.
Sadly, my country once stated that it doesnt support bitcoin and the transaction using bitcoin will not be a responsibilty of my country, but last time i heard they will study and learn about this bitcoin matters, and i hope my country can agree with bitcoin and then we can have that Bitcoin ATM too. So envy of you.

Uao

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Quote from: JimmyButlerCollector on November 08, 2017, 01:23:22 PM

October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.

I see 1863 Bitcoin ATMs currently, if I'm not misreading this https://coinatmradar.com/charts/#growth

EDIT: I thought we were discussing global, not regional.

Nahl

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actually from which countries OP come from because over than 100 bitcoin ATM available is very good and probably those countries was support bitcoin and aware to bitcoin users but sadly only few bitcoin ATM available in my country even those ATM was very far to reached because if i had to visiting it then i have to drive over than 2 hours from my location

Phalo

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Quote from: dhka on November 08, 2017, 10:26:06 PM

I dont know, not a single on in my country LOL
Do we have to enter our pv key to the ATM? Sounds quite risky to me

No you are not the only one who cares about this. My city has only one I don't even know if it still operates. I think the fact that in your city theres an increase, is a very good sign for bitcoin. If I had money I would operate a machine as well.

ASKoranteng

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Bitcoin ATM locations are a rapid increase. This will boost and enhance bitcoin transactions.

mrayazgul

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Quote from: JimmyButlerCollector on November 08, 2017, 01:23:22 PM

October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.

Glad to see Atm machine which support bitcoins in your country but can you tell us which country you belongs to ? Where you live in and city ? Let me confirm because i haven't heard such news neither its appeared on social media. If this news true then its good for bitcoins more people aware about it more it increases.

jc89

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Quote from: JimmyButlerCollector on November 08, 2017, 01:23:22 PM

October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.

That's great to hear, man! I believe it's somewhere in one of the biggest cities in US? Well here in my country, there's not a single btc atm yet. Maybe btc isn't quite big yet here and even if the demand is high here in PH I think having btc atm isn't profitable. As harsh as it may sound but the people here would rather receive coins here for free 0and not buy it in any exchange that's why atm's aren't needed as of the moment.

Theb

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Remember my fellow members that Bitcoin ATMs are a business of people and usually the rates are will be in favor of the business owner. If you are looking for value and does not want to be outsmarted by these kinds of businesses you need to find another way to Buy or Sell your Bitcoin as you won't be getting your 1 dollar to a dollar trade with these kinds of interest rates.

sindikat

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I've never seen a bitcoin ATM. In my city they are not. I generally treat with great skepticism to such ATMs. Who can tell me why they are needed? Probably only for those who want to have cash and not to leave their traces. I'm not doing anything illegal and therefore easily deduce bitcoin through the exchange to a Bank card. Why should I pay such a high percentage as in the ATM?

tradecoin247

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theyll be everywhere

Silverstone1111

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Quote from: JimmyButlerCollector on November 08, 2017, 01:23:22 PM

October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.

Bitcoin is becoming more and more mainstream. This shows the growth of Cryptos and time when we will be using bitcoin for day to day transaction seems to be very near. Eager for the day when the Bitcoin ATM is installed in every country of the world. Just feels good to image the decentralized financial economy.

killerfrost

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Fortunately, as more and more Bitcoin ATMs grow around the world, Bitcoin is becoming more and more popular and makes Bitcoin users easier to trade. It is noteworthy that it appears more and more when the government has not yet decided whether to approve it or not. Probably because Bitcoin prices are rising

carlfebz2

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Quote from: JimmyButlerCollector on November 08, 2017, 01:23:22 PM

October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.

In what country you do live? Its amazing that there are already 92 ATM machines being placed which means bitcoin adoption is high on there and unluckily the number of bitcoin atm in my country is on 1 which is being only placed on capital city. Unlucky for those people who do live on province which they would really miss the chance on using it physically but well I do still hope that it would increase even more same on your country. Good to hear this kind of adoption.

kriticko29

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Not a single here in our country. But it is a nice idea to have those in here because many people engage in bitcoin here. I foresee a future with a lot of those in every country.

Klausi

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Quote from: NUFCrichard on November 09, 2017, 02:33:02 AM

I wanted to use a Bitcoin ATM in Manchester, England when I was visiting, but the fees are really high and it is pretty limited, I think you can only get a few hundred out.
I like the idea of them, but if you have to pay 15% in charges at the end of the day, as well as giving up your personal details, I don't think they are worth it.

Local Bitcoins should work much better, but I do understand not wanting to meet with someone to exchange, there are a lot of scammers out there.

I think it's much better to have it converted through exchange sites for fiat exchanges rather than bitcoin ATM's, but if its rampant in your local area and yet accessible so I guess its just better to have it even with charges. Banking transactions might be caused some delays and if that bitcoin atm will increase it's number I guess rapid adoptions will also happen so people can now recognize it specially when its accepted local and online transactions.

harrypotter1229

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It's super crazy. I'm curious. What city are you in? It must be a super metropolis, because small places can't grow so fast, and most cities don't have bitcoin ATM

mOgliE

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It is actually great if the number of btc ATM is increasng... yet I guess, it is not the same everywhere...
Would be great, though, to have a system both easy and accessible to transform btc in money... And when I say so, of course I mean without incredible taxes or unfavourable rates...

ONe day, maybe...

playadelucas

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If a person is able to buy bitcoin using the smartphone what is the relevant use to mimic the fiat money ways.

johnson4218

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bitcoin atm not the first time. It has taken place in some countries. That shows that bitcoin is becoming more and more popular.

TastyChillySauce00

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Just seeing from that statistic, we can assume that the company that provides all those Bitcoin ATMs which also ofcourse running a bitcoin-based company right now having a good time on earning profit and expanding its coverage, also, the significant increase of all those ATMs also a sign that in your city, there's so many active bitcoin users.
It's kinda a good thing seeing that the adoption of bitcoin day by day keep on increasing, just curious what will happen in the next 5 years.

Topic: Bitcoin ATM locations on a rapid increase... wow (Read 730 times)