A lot of people need cash for various reasons. If they can get cash for bitcoin easily they'll hold more coin and be more likely to be willing to work or sell for it.
I guess yes today we cant use bitcoin as a currency even it is a cryptoccurrency but it is not fully accepted in the community you cant buy things and food using bitcoin today but maybe there are some store who started accepting it but not in all but cash or a physical money is accepted so we really need a bitcoin atm today because we need cash to exchange bitcoin but i guess when bitcoin is accepted everywhere we dont need bitcoin atm anymore. 
Topic: Does Bitcoin really need an ATM? - page 6. (Read 6255 times)
Having ATMs for bitcoin sure sounds like a good idea, it would make buying/making transactions more accessible worldwide.
I'm not sure how feasible is that, and if it would be a wise thing to do as of now
Bitcoin not have a physical money that we can withdraw at the moment, i think atm is not yet ideal for now. Much better to make a wallet which we can buy and withdraw bitcoin with low fees., But i heard that here in my country has installed atm but i do not try that machine and i do not know where it is installed. I'm not sure how feasible is that, and if it would be a wise thing to do as of now
Having ATMs for bitcoin sure sounds like a good idea, it would make buying/making transactions more accessible worldwide.
I'm not sure how feasible is that, and if it would be a wise thing to do as of now
I'm not sure how feasible is that, and if it would be a wise thing to do as of now
I like the idea of Bitcoin ATMS, it is inviting especially for Newbies who want to get their first taste of Bitcoin without having to run around online to buy it. Many older people as well who are not that tech savvy or internet friendly, can benefit greatly from Bitcoin ATM machines that's for sure.
It doesn't need an atm but it is a matter of convenience. The fees are terrible but its no different than buying with a visa card on an exchange using their 10% fees.
When you want something easy and fast its just convenient.
When you want something easy and fast its just convenient.
I've never used or needed to use a bitcoin ATM so for me personally, no I don't think bitcoin needs ATM's. The issue is for people who live in countries with restrictive or poor internet connection/availability, they will need ATM's.
I think no because they have exchanges site to buy and sell your bitcoin and its very easy to use. And you cannot go to place where the bitcoin atm. I think more people wants to by and sell to the routine .
A lot of people need cash for various reasons. If they can get cash for bitcoin easily they'll hold more coin and be more likely to be willing to work or sell for it.
Yes it is more interesting if we can get cash for bitcoin easily. If this happen i will work hard to earn more bitcoin so that I will have many cash to be used whenever I want. 
In some countries there is no way to pay with bitcoin so people nee cash.
Yes, I think so because if that bitcoin have a own ATM it was easy to the users to exchange their bitcoin into the cash. However, it's better to study first if how many person use bitcoin in 1 community because if they can't think that big lost were happen into bitcoin community.
Very old thread this, bitcoin has evolved a lot, and having ATM's helps and makes it more tangible for the unbelievers, which in turn helps adoption. The more merchants aware of these ATM's, the better for the future. We need bitcoin to achieve satoshis aim of being a currency and the ATM's only help.
ATM's are handy for ppl who need their BTC fast and safe (I still find localbitcoin a bit risky).
However most of us will prefer an exchange or creditcard seems it even more convenient then to find another ATM if there is none in your city.
I certainly agree that it's better. I have sought atm machine which is cardless that can be used to cash out your bitcoin through that machine and it's available in my country. The great thing about it is that, there is no charge for cashing out btc here byt there is charge for buying btc which is great for people who are earning btc without buying btc. However most of us will prefer an exchange or creditcard seems it even more convenient then to find another ATM if there is none in your city.
ATM's are handy for ppl who need their BTC fast and safe (I still find localbitcoin a bit risky).
However most of us will prefer an exchange or creditcard seems it even more convenient then to find another ATM if there is none in your city.
However most of us will prefer an exchange or creditcard seems it even more convenient then to find another ATM if there is none in your city.
Not an urgent thing if there is bitcoin ATM , but the ATM will make people will know bitcoin, maybe at first people think bitcoin is a bank, but more importantly I think is the knowledge and understanding of bitcoin, so people will be happy to use bitcoin as Means of payment
i think bitcoin now is really need an ATM because we see that bitcoin is growth so fast and this years, with the price is going to increase more and more, the ATM is needed in many places so many people will know about bitcoin and they can join like us to start using bitcoin for daily. the ATM is helping us to deposit and withdraw our funds so we don't need to send it into third party services but we can send it into the machine and we can have our money fast.
I dont think so . Even they dont have bitcoin Atm we can withdraw our bitcoin and buy bitcoin using the exchanges site and the wallet that you have. My country have alsp bitcoin ATM and the price of buy and sell is very big difference and for sure if you see the difference you will not use ATM machine because the sell is very kow comapred to the exchanges site.I agree, Bitcoin ATM has a very big difference with buy and sell so I rather not use it unless I really need the money right away. Why not lets just wait for the time that all establishment will accept bitcoin for payment and while waiting we hold our bitcoin and gain more profit. Bitcoin ATM are only used by people who wants cash right away.
No not really bitcoin doesn't need atm, but if we got ATM it can increase the popularity and increase the people curiosity about bitcoin and it will make us easier to cash out bitcoin, but overall we don't really need it, we can just easily convert to local exchanger from internet to our account, it is safer and more efficient and the cost is not as high as ATM fee
Users of the bitcoin continuse increasing, and it seems the presence of ATM will greatly help the user bitcoin. I'm very happy with the word if there is bitcoin ATM so no need to go to a bank ATM.
I think atm for me is just when you converted it to fiat. And in my country coins.ph has a virtual card that after you converted it you can withdraw it whenever you want it. Depends on what you want to use either card or with as an e-give cash. For me i dont really need ATM for now. Because i only hold small accounts that can be manageable via cardless transactions. I would probably need those after i can now hold higher amounts of money so that i can withdraw it with out internet and hassle free withdrawing.
Users of the bitcoin continuse increasing, and it seems the presence of ATM will greatly help the user bitcoin. I'm very happy with the word if there is bitcoin ATM so no need to go to a bank ATM.
Yes we need it, bitcoin is money and its cool to have an ATM too for faster and urgent transactions. But that ATM will be different from traditional with cool security features. The question is what company can provide it.
i think bitcoin now is really need an ATM because we see that bitcoin is growth so fast and this years, with the price is going to increase more and more, the ATM is needed in many places so many people will know about bitcoin and they can join like us to start using bitcoin for daily. the ATM is helping us to deposit and withdraw our funds so we don't need to send it into third party services but we can send it into the machine and we can have our money fast.
I dont think so . Even they dont have bitcoin Atm we can withdraw our bitcoin and buy bitcoin using the exchanges site and the wallet that you have. My country have alsp bitcoin ATM and the price of buy and sell is very big difference and for sure if you see the difference you will not use ATM machine because the sell is very kow comapred to the exchanges site. Jump to: