dont fall that trap, probably it will be a bull trap , if we break 6k we will see 8000 or 8500 than we will test 6k usd again. 
Topic: Bitcoin ATMs doubled every year since 2014 - page 2. (Read 3587 times)
we are close to bull season, we saw the dips, and now golden cross time at btc, we need to break 6000 usd, everyone will sell around 6000 usd but it will break it dont fall that trap, probably it will be a bull trap , if we break 6k we will see 8000 or 8500 than we will test 6k usd again.
dont fall that trap, probably it will be a bull trap , if we break 6k we will see 8000 or 8500 than we will test 6k usd again. 
It must not be double instead that must be x10 since 10 years of bitcin existence so we should not be amazed on that volume.people need to learn about crypto so thats why we need many atms for people familiarity on cryptocurrency and specially bitcoin
The growth we have gone through is actually quite impressive, especially if you take into consideration that operating an ATM gets more difficult instead of easier with how regulatory frameworks are slowly but surely taking shape. On top of that, regulators are more actively enforcing their rules/policies, so the risk of operating an ATM has increased exponentially.
The good thing about more ATM's is that competition leads to lower fees, and that's definitely what the ATM space needs with how fees range from 5-10% in some cases.
According to some sources, Bitcoin ATMs are the rage thing now. They have doubled in number every year since 2015, and the trend has continued. There have been reports of even one of these being installed in Venezuela, and it seems that people is using them, even with the disastrous fees that they are collecting. what do you guys think of Bitcoin ATMs? are they a viable source of onboarding normal people into cryptocurrencies?
Source: https://www.btcnn.com/news/bitcoin-atms-have-doubled-for-the-past-four-years/
its a good thing it can become one of the reason for more adoptionSource: https://www.btcnn.com/news/bitcoin-atms-have-doubled-for-the-past-four-years/
but a few bitcoin atm is not enough i hope the number of bitcoin atm will grow more in the future
For this year 2019 the ATMs around the world increase again and that's good for us because it can help us to promote cryptocurrency to the people who did not know this. But maybe other people still choosing exchanges site or wallet to buy and sell bitcoin because fees is low compared to the bitcoin ATM.
Don't have a chance yet to use this system but I like the idea of increasing the numbers it's symbolizing that the system is really moving forward, attracting more people to ride in and start believing that crypto will be part of future currency, it's needs to start as early as now. 
That is very impressive to know that the number of this ATM are increasing hopefully this will create more awareness of btc and crypto in general, i see it as way a of making it more convenience for buyers of btc to easily access btc without stressing too much with exchanges, btc is gaining recognition globally and as such it requires to increase the numbers of ATM to meet the demand or whatever other purpose they are created for.
According to some sources, Bitcoin ATMs are the rage thing now. They have doubled in number every year since 2015, and the trend has continued. There have been reports of even one of these being installed in Venezuela, and it seems that people is using them, even with the disastrous fees that they are collecting. what do you guys think of Bitcoin ATMs? are they a viable source of onboarding normal people into cryptocurrencies?
Source: https://www.btcnn.com/news/bitcoin-atms-have-doubled-for-the-past-four-years/
It must not be double instead that must be x10 since 10 years of bitcin existence so we should not be amazed on that volume.people need to learn about crypto so thats why we need many atms for people familiarity on cryptocurrency and specially bitcoin Source: https://www.btcnn.com/news/bitcoin-atms-have-doubled-for-the-past-four-years/
Easy to double when the number was 0 previously. No idea why they extend the number because almost nobody is interested in selling their bitcoins, nor buying via ATM.
People are not in the mentality to use BTC as a currency but rather as a store of value. They hold and that's all. People who buy via ATM pay high fees compared to the traditional was to acquire bitcoins.
People are not in the mentality to use BTC as a currency but rather as a store of value. They hold and that's all. People who buy via ATM pay high fees compared to the traditional was to acquire bitcoins.
For this year 2019 the ATMs around the world increase again and that's good for us because it can help us to promote cryptocurrency to the people who did not know this. But maybe other people still choosing exchanges site or wallet to buy and sell bitcoin because fees is low compared to the bitcoin ATM.
Doubled 
It's increasing in a number I must say, and it is making things convenient for people to use Bitcoin in their routine. 
I have doubt that is it fully dedicated for Bitcoin (as a Bitcoin ATM)? 
It's increasing in a number I must say, and it is making things convenient for people to use Bitcoin in their routine. I have doubt that is it fully dedicated for Bitcoin (as a Bitcoin ATM)? In my country, Croatia, we got first Bitcoin ATMs 2-3 years ago but already from last year we have 3 Bitcoin ATMs, in 2 different cities, Zagreb and Rijeka.
Also, they are fully dedicated for BItcoin
I hope we will have more very soon.
On the whole the bitcoin atm into usage might have increased, but in some localities ATMs have taken back as it hasn't got increased usage and wouldn't yield an earning. The usage of bitcoin atm decreased because of the increased withdrawal fee compared to the transaction fee levied on an exchange for cashing out.
I agree. My friends told me that they have tried cashing out with Bitcoin atm's but withdrawal fees sucks. Local exchanges are way more convenient to use that these atm's. Bitcoin atm's are also limited that is why I think fees are high due to no possible competence. These Bitcoin atm's are also not accessible with every Bitcoin enthusiasts as here in my country as only tow or three units has known to be installed that is why we prefer to use local exchanges in cashing in and out. 
It's a good progress here in crypto, but it would be nice if these ATM will also cater fiat withdrawal.
ATM exclusive for bitcoin alone not on demand, maybe depending on a certain location or a country, in our country, I believe we have
crypto ATM but it's not increasing in numbers because people can easily convert their BTC to fiat and then just withdraw in a regular ATM machine.
ATM exclusive for bitcoin alone not on demand, maybe depending on a certain location or a country, in our country, I believe we have
crypto ATM but it's not increasing in numbers because people can easily convert their BTC to fiat and then just withdraw in a regular ATM machine.
Doubled It's increasing in a number I must say, and it is making things convenient for people to use Bitcoin in their routine. I have doubt that is it fully dedicated for Bitcoin (as a Bitcoin ATM)?
It's increasing in a number I must say, and it is making things convenient for people to use Bitcoin in their routine. I have doubt that is it fully dedicated for Bitcoin (as a Bitcoin ATM)? 
According to some sources, Bitcoin ATMs are the rage thing now. They have doubled in number every year since 2015, and the trend has continued. There have been reports of even one of these being installed in Venezuela, and it seems that people is using them, even with the disastrous fees that they are collecting. what do you guys think of Bitcoin ATMs? are they a viable source of onboarding normal people into cryptocurrencies?
Source: https://www.btcnn.com/news/bitcoin-atms-have-doubled-for-the-past-four-years/
But the question is,do the ATMs of Bitcoin is being used?here in our place we have 2 bitcoin ATMs installed in the locations that crypto is appropriate but still users are very few to come instead they are buying bitcoin to our local wallets in which very friendly usersSource: https://www.btcnn.com/news/bitcoin-atms-have-doubled-for-the-past-four-years/
But now theres other banks thay opens ATM for cryptocurrency and not just for bitcoin and i am looking for what will happen in future
Well i wish that bitcoin atm machine will reach to our country. I am interested to know about the bitcoin atm machine wheb we know that bitcoin could be acquired and download in an instance using a smartphone, desktop and internet. But, seeing this one of the great potential, then let i be and bring that machine here in our country.
I have heard already about bitcoin atm machine in our country but not in my own locality. This just proves that bitcoin inspite of its tough times has continued to soar high and even conquering most of the countries. Hopefully these atm machines will be seen too in our locality so we can also experience the convenience it brings . 
Number of Bitcoin ATMs have significantly increased but as I see fees are still as huge as always. So for this reason I want to know despite the big supply, is there really any demand on bitcoin ATMs? Is there any statistics of how much bitcoins are withdrew daily/monthly? I want to know this because fees are insane, it's better to own xapo or similar card and withdraw from any ATM worldwide with fixed and low fee.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
It would be good to have an info on the ATMs by country. In my country there are quite a lot of them... But I've heard there are 0 in Germany for example (because https://www.alcedoplatform.com/ is trying to solve that).
ATMs are very good for adoption. Relatively easy to use and are an actual advertisement for Bitcoin and crypto as they are usually located on attractive spots (shopping malls...)
ATMs are very good for adoption. Relatively easy to use and are an actual advertisement for Bitcoin and crypto as they are usually located on attractive spots (shopping malls...)
If people can found or see where the ATMs locate, they will become curious, and they will search on the internet. That will help the adoption as you say and the more ATM installed in the shopping centre or malls, more people will see and try to use but only after they learn how to use the ATMs. I am sure that this will attract government attention and they will learn bitcoin too.
It would be good to have an info on the ATMs by country. In my country there are quite a lot of them... But I've heard there are 0 in Germany for example (because https://www.alcedoplatform.com/ is trying to solve that).
ATMs are very good for adoption. Relatively easy to use and are an actual advertisement for Bitcoin and crypto as they are usually located on attractive spots (shopping malls...)
At present from my view the usage of bitcoin ATMs were very low, people prefer making use of the exchanges. As mentioned it's been placed on places were it gets used. Likewise there are places from which this has got removed as it didn't get expected usage among users. From my view the usage hasn't increased much, but there is increase in number of ATM all around.ATMs are very good for adoption. Relatively easy to use and are an actual advertisement for Bitcoin and crypto as they are usually located on attractive spots (shopping malls...)
It would be good to have an info on the ATMs by country. In my country there are quite a lot of them... But I've heard there are 0 in Germany for example (because https://www.alcedoplatform.com/ is trying to solve that).
ATMs are very good for adoption. Relatively easy to use and are an actual advertisement for Bitcoin and crypto as they are usually located on attractive spots (shopping malls...)
At present from my view the usage of bitcoin ATMs were very low, people prefer making use of the exchanges. As mentioned it's been placed on places were it gets used. Likewise there are places from which this has got removed as it didn't get expected usage among users. From my view the usage hasn't increased much, but there is increase in number of ATM all around. ATMs are very good for adoption. Relatively easy to use and are an actual advertisement for Bitcoin and crypto as they are usually located on attractive spots (shopping malls...)
I don't understand why people continue to use Bitcoin ATMs, when they can freely trade them using the thousands of crypto exchanges. One reason may be the requirement for KYC with the exchanges, but that doesn't justify the huge markup (up to 10%) being charged by the ATMs.
Bitcoin ATM is one of masa addoption of the bitcoin, however bitcoin is something new in the world so although the fees transaction of bitcoin ATM is expensive than cryptocurrencies exchangers, it is needed by us as sample of masa addoption of the bitcoin in the real of world. Mostly people does not have account on the cryptocurrencies exchangers, will be easy to tell the people about the bitcoin with bitcoin ATM. 
I heard about bitcoin ATM i think if this will implemented it could be affect the price of bitcoin and also the popularity itself ,so im still looking forward for it.
It seems that in my country there are already bitcoin atm, and it has started to grow in several places, but it seems not and there are still many who have not been excited about the arrival of the bitcoin atm. they are still making transactions that have been carried out so far compared to using Bitcoin ATMs, because they don't consider them too important for the time being.Jump to: