Bitcoin ATM locations on a rapid increase... wow - page 3.

Kakmakr

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Quote from: JimmyButlerCollector on November 08, 2017, 10:32:43 PM

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

You enter your QR code to receive... insert cash and click send

Just to clarify, you scan the QR code for your Public address, NOT your Private key. < never your private key > You only need to do this, so that the ATM knows where to send the bitcoins you bought. OP, you are very fortunate, some cities do not even have a single ATM.

These ATM distributors concentrate on areas with high volume users of Bitcoin and ignore the smaller markets where adoption is key to the growth of Bitcoin.

freedomno1

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Learning the troll avoidance button :)

Must be near Los Angeles since they have around 136 operational units over there
https://coinatmradar.com/operator/19/bitnational-bitcoin-atm-operator/

FoxTheHuman

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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.

Can I ask which country you live in? In my country bitcoin has been banned and deliberately use it i can face the law, this is really bad Sad

shamzblueworld

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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.

Which city are you referring to? And how do you know the exact number? Is there a listing where we can check all the bitcoin ATMs in a certain area?
And getting back to your topic: Yes, its a good business. ATM machines charge heavy fees, and if there is area where people use it regularly, it can be a good business to invest in.
The machines aren't that expensive either, but I think one would have to tackle the local laws and taxes etc.

tamawaelah

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there is some ATM on my country, but far away from my city haha
if i count it, less than 20 machine

JimmyButlerCollector

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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

You enter your QR code to receive... insert cash and click send

dhka

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The Experience Layer of the Decentralized Internet

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

JimmyButlerCollector

newbie

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Maybe I'm the only one that cares about this? lol
How many will there be next year..... that is the point of this thread.

JimmyButlerCollector

newbie

Activity: 52

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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.

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