There are three Robocoin ATMs installed in Austin Texas. The closest to me is about a kilometer away. Just today I made another Bitcoin purchase from it. It took 90 seconds from start to finish.
I enter my mobile number, enter my PIN, put my hand on the palm reader, scan my QR code for the receiving Bitcoin address, take a paper ticket, then insert fiat bills, then receive a receipt. 10 minutes later the transaction is confirmed and present in my Blockchain.info hot wallet.
Robocoin ATMs recognize me, complying with US AML/KYC laws, so there is no need for an attendant.
The fees are higher than Coinbase, but I prefer supporting my local Bitcoin economy.
Topic: GBA TO LAUNCH FIRST ROBOCOIN BITCOIN ATM IN THE U.K (Read 3264 times)
So, looks like it might be this place....
Worldwide Connection
25 Boswell Street
Holborn
London WC1N 3BW
http://tinyurl.com/l67qjuf
I am waiting tomorrow for the videos to come in and see what the press has written..also my son took a small vid of the ribbon cutting ceremony part with his phone ..I will post tomorrow on the blog..am beat now need sleep.
Cool. Could you provide some details how it works - what ID it requires, charges and how long it takes to put money in and take it out?
https://www.youtube.com/watch?v=vnm4xFC2xNo
Cool. Could you provide some details how it works - what ID it requires, charges and how long it takes to put money in and take it out?
It launched today and even my Son went down there..I wish I was there lol..
http://bitbillions.net/2014/04/01/bitcoin-news-2way-bitcoin-atmrobocoin-kiosk-launching-tomorrow-in-london/
I did a bog post yesterday for it..hoping to make another one tomorrow.. covering the live event..
http://bitbillions.net/2014/04/01/bitcoin-news-2way-bitcoin-atmrobocoin-kiosk-launching-tomorrow-in-london/
I did a bog post yesterday for it..hoping to make another one tomorrow.. covering the live event..
The firs machine is going in this Wednesday in Holburn, Central London. All my Friends will be there so I will get pics hopefully and it will probably be all over the news anyway.
So, Do you guys already made decision about where you going to place it ?
They are finalizing contracts now on some locations already so once they finish all that legal stuff they will publicly announce where the machines are being placed. I can't wait for the initial launch of the ATMS.
So, Do you guys already made decision about where you going to place it ?
global moderator
Activity: 3934
Merit: 2676
Join the world-leading crypto sportsbook NOW!
So it seems with ZipZap that you can only pay by cash if you have already registered your id and address documents online. I don't know how they could operate legally in the UK any other way.
I think this is the case, but to use Bittylicious you can buy small amounts with no documentation and this is increased the more info you provide and verify.
So it seems with ZipZap that you can only pay by cash if you have already registered your id and address documents online. I don't know how they could operate legally in the UK any other way. Isn't this an issue for Robocoin as I understand it doesn't work that way?
global moderator
Activity: 3934
Merit: 2676
Join the world-leading crypto sportsbook NOW!
Well 'early' is a bit vague. Zipzap were meant to be going live in the UK 'early' this month too, but nothing so far.
http://www.coindesk.com/can-now-pay-cash-bitcoin-28000-uk-stores/
Quote
Bitcoiners can now pay cash for bitcoins at 28,000 shops across the UK, thanks to a new service set up by ZipZap.
The service enables people to head to their nearest ZipZap payment location, hand over cash and see bitcoins deposited in their wallets almost instantly.
Currently available via Bittylicious, BuyBitcoin.sg and BIPS Market, the service will go live with ANXBTC and ANXPRO next week, followed by Kraken, CoinMKT and BTCX.se.
The service enables people to head to their nearest ZipZap payment location, hand over cash and see bitcoins deposited in their wallets almost instantly.
Currently available via Bittylicious, BuyBitcoin.sg and BIPS Market, the service will go live with ANXBTC and ANXPRO next week, followed by Kraken, CoinMKT and BTCX.se.
Ah.
Quote
Currently available via Bittylicious, BuyBitcoin.sg and BIPS Market, the service will go live with ANXBTC and ANXPRO next week, followed by Kraken, CoinMKT and BTCX.se.
Customers simply have to log into their accounts with one of these companies and select the cash payment option, they then choose the amount of bitcoins they want to purchase and head to their local ZipZap payment location to complete the transaction.
Customers simply have to log into their accounts with one of these companies and select the cash payment option, they then choose the amount of bitcoins they want to purchase and head to their local ZipZap payment location to complete the transaction.
So it's not just as simple as topping up you phone. You might as well just use Bittylicious directly really.
Well 'early' is a bit vague. Zipzap were meant to be going live in the UK 'early' this month too, but nothing so far.
http://www.coindesk.com/can-now-pay-cash-bitcoin-28000-uk-stores/
Quote
Bitcoiners can now pay cash for bitcoins at 28,000 shops across the UK, thanks to a new service set up by ZipZap.
The service enables people to head to their nearest ZipZap payment location, hand over cash and see bitcoins deposited in their wallets almost instantly.
Currently available via Bittylicious, BuyBitcoin.sg and BIPS Market, the service will go live with ANXBTC and ANXPRO next week, followed by Kraken, CoinMKT and BTCX.se.
The service enables people to head to their nearest ZipZap payment location, hand over cash and see bitcoins deposited in their wallets almost instantly.
Currently available via Bittylicious, BuyBitcoin.sg and BIPS Market, the service will go live with ANXBTC and ANXPRO next week, followed by Kraken, CoinMKT and BTCX.se.
global moderator
Activity: 3934
Merit: 2676
Join the world-leading crypto sportsbook NOW!
Their website says:
It is early February now.
Quote
Please note that completion of our main website will be in early February 2014.
It is early February now.
Well 'early' is a bit vague. Zipzap were meant to be going live in the UK 'early' this month too, but nothing so far.
Their website says:
It is early February now.
Quote
Please note that completion of our main website will be in early February 2014.
It is early February now.
global moderator
Activity: 3934
Merit: 2676
Join the world-leading crypto sportsbook NOW!
http://www.wired.com/wiredenterprise/2014/01/bitcoin_atm/
Have you seen this story about a man who sits at the ATM and offers people BTC for cheaper than the ATM???
Interesting of capitalism.
Have you seen this story about a man who sits at the ATM and offers people BTC for cheaper than the ATM???
Interesting of capitalism.
Yeah, there's a thread about that somewhere. Thought it was pretty funny. Capitalists gonnna capitalise.
http://www.wired.com/wiredenterprise/2014/01/bitcoin_atm/
Have you seen this story about a man who sits at the ATM and offers people BTC for cheaper than the ATM???
Interesting of capitalism.
Have you seen this story about a man who sits at the ATM and offers people BTC for cheaper than the ATM???
Interesting of capitalism.
global moderator
Activity: 3934
Merit: 2676
Join the world-leading crypto sportsbook NOW!
Does anyone wonder if the various countries' tax authorities might start surveillance of these ATMs? Sounds ultra paranoid, but what if they get (more) desperate? is it against the law to purchase BTC whilst wearing a Guy Fawkes mask?
Probably not unless you're already under suspicion or surveillance for this kind of thing.
I am sure everything will be legal and done properly but if there is govt surveillance well that is up to every individual country to decide what it wants to do. Personally ATMS will be a great way to get Bitcoin much more into the mainstream Market. If even 1% of the world's fiat can be converted to BTC it would mean BTC value skyrocketing to over 300k a piece..
Does anyone wonder if the various countries' tax authorities might start surveillance of these ATMs? Sounds ultra paranoid, but what if they get (more) desperate? is it against the law to purchase BTC whilst wearing a Guy Fawkes mask?
Ha I'm glad I'm not the only one that wondered that. I wonder if a secondary market in "please go to that bitcoin machine for me" would develop. Not dissimilar to localbitcoins.com really.
Jump to: