Topic: Bitcoin Atms - page 2. (Read 3255 times)
if people are savvy enough to do a comparison, they would not be using the atm to get their bitcoins, so it caters to a different market. normal people don't optimize their options
Bitcoin atm or btm as they are now being called are a great idea.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
yes they would be wonderful if they weren't ripping people off that was the whole idea of this post. These btms(if you will) are robbing people.
I think i put $20 in first time and got about $18-19 in btc, the fee wasn't to much to pay at that amount but it does increase with volume.
Man I really want to agree with you,Honestly I do. But "paying for connivence"is just your way or their way of justifying highway robbery. What is more convenient than buying the coin over the internet?
We don't have any bitcoin ATM here, so I guess I won't be able to use one even if I wanted to.
Where do you live. You might get one in the future. Maybe you could buy one? lol. Some are quite cheap. I may even purchase one at some point.
We don't have any bitcoin ATM here, so I guess I won't be able to use one even if I wanted to.
Bitcoin atm or btm as they are now being called are a great idea.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
yes they would be wonderful if they weren't ripping people off that was the whole idea of this post. These btms(if you will) are robbing people.
I think i put $20 in first time and got about $18-19 in btc, the fee wasn't to much to pay at that amount but it does increase with volume.
Bitcoin atm or btm as they are now being called are a great idea.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
yes they would be wonderful if they weren't ripping people off that was the whole idea of this post. These btms(if you will) are robbing people.
Its best to stick to legit and reputable atms.
Im not using a Atm,but if their are reputable ATMs where are they?ha,are they in your location?Cause they pulled all of ours a while ago.
Bitcoin atm or btm as they are now being called are a great idea.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
yes they would be wonderful if they weren't ripping people off that was the whole idea of this post. These btms(if you will) are robbing people.
Its best to stick to legit and reputable atms.
Bitcoin atm or btm as they are now being called are a great idea.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
yes they would be wonderful if they weren't ripping people off that was the whole idea of this post. These btms(if you will) are robbing people.
Bitcoin atm or btm as they are now being called are a great idea.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
I started buying my first coins almost a year ago from a lamasu brand machine and it was simple, put cash in scan QR code and thats it.
Its a good way for newbies to buy btc.
Wold be better to see more 2-way machines though.
Here in EU, ATM want's my phone number-i have to put it in, to get sms confirmation number for transaction, so if my phone is not prepaid one, then they already know who am I.
i don't think they are really useful either, just a plus for merchant nothing else
Amph, I think you underestimate how many people will buy the coins from the atm that, without which, wouldnt purchase bitcoin/know how to purchase it at all.
Honestly,I don't know why someone would use a bitcoin Atm I'm not sure if I mentioned that in my post but if you do a little research you would find it is easier to buy over the web. I started buying bitcoin on coinbase day 1 from home.
It is easier for USA based customers to use coinbase but it's a pain in the ass for others. And some people prefer to buy bitcoins anonymously without giving out their important documents, which they fear might get misused. And Bitcoins ATMs provide them just that.
They want to know my income, how much money I have, and they want me to upload my passport.
Why?
I am not asking for credit or anything like that, I just want to buy bitcoin using cleared funds.
Why?
I am not asking for credit or anything like that, I just want to buy bitcoin using cleared funds.
Coinbase just wants your Debit Card information first and last name to make the online transactions. The ATMS are what take your ID and Handprint. But I do agree on the anonymous thing,I wish I bought bitcoin from people instead of the market tbh but I was new and knew that security is ultra sensitive with bitcoin,didnt want to be ripped off for my first few purchases (like what these atms are doing)
i don't think they are really useful either, just a plus for merchant nothing else
Amph, I think you underestimate how many people will buy the coins from the atm that, without which, wouldnt purchase bitcoin/know how to purchase it at all.
Honestly,I don't know why someone would use a bitcoin Atm I'm not sure if I mentioned that in my post but if you do a little research you would find it is easier to buy over the web. I started buying bitcoin on coinbase day 1 from home.
It is easier for USA based customers to use coinbase but it's a pain in the ass for others. And some people prefer to buy bitcoins anonymously without giving out their important documents, which they fear might get misused. And Bitcoins ATMs provide them just that.
They want to know my income, how much money I have, and they want me to upload my passport.
Why?
I am not asking for credit or anything like that, I just want to buy bitcoin using cleared funds.
Why?
I am not asking for credit or anything like that, I just want to buy bitcoin using cleared funds.
i don't think they are really useful either, just a plus for merchant nothing else
Amph, I think you underestimate how many people will buy the coins from the atm that, without which, wouldnt purchase bitcoin/know how to purchase it at all.
Honestly,I don't know why someone would use a bitcoin Atm I'm not sure if I mentioned that in my post but if you do a little research you would find it is easier to buy over the web. I started buying bitcoin on coinbase day 1 from home.
bitcoin ATMs are a way for their operators to make money, just like the exchange operators make money from people trading bitcoin on their exchange. There is no reason for the operators of the ATM to not receive some kind of compensation for their services
Greed doesnt even begin to explain the issue with these machines,they are stealing from people do you understand that?They are literally robbing people for their money AND bitcoins. I would respect your opinion but buddy,lets keep it G real...
i don't think they are really useful either, just a plus for merchant nothing else
The first bitcoin atm that is in Vancoover BC has been tremendously successful. It has been so successful that people would actually go to the coffee shop it is located in to compete with it, and once the ATM's owner got a wind of this, they were able to pay someone $10 an hour to sit near the ATM to fend off people trying to beat it's rates and to educate people about bitcoin (and it still remained profitable). I have never used even a FIAT atm so why would I use a bitcoin atm?
You've never used an ATM? How can people avoid them in this day and age?
i don't think they are really useful either, just a plus for merchant nothing else
Amph, I think you underestimate how many people will buy the coins from the atm that, without which, wouldnt purchase bitcoin/know how to purchase it at all.
I have never used even a FIAT atm so why would I use a bitcoin atm?
You've never used an ATM? How can people avoid them in this day and age?
Bitcoin ATMs are cool, to buy bitcoins for people, not aware of various online services.
It also increases adoption and awareness about bitcoin amongst people.
It also increases adoption and awareness about bitcoin amongst people.
There is one located in Dallas and since i am not too far from tat location and i usually have a need for bitcoin and dont have ne but usually do have USD bills on hand i could see this BTC ATM coming in handy for me... after i use it for first time i will come back and give personal review since this video looks like it may be a lil outdated
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