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Topic: Global Bitcoin ATM Market to be Worth $145 Million by 2023: Report (Read 1463 times)

newbie
Activity: 39
Merit: 0
So, high marks basically offset low volume? If nothing else, they are good publicity. Everyone looks at this, but what happens if the ATM normally modifies their software to allow people to buy / sell? This will make Bitcoin ATM backward and fake will be completely destroyed. The ATM manufacturer will adjust their ATM software to serve both Fiat and Bitcoin on the same ATM.
sr. member
Activity: 644
Merit: 250
That is a good news. The more ATM for Bitcoin the better. It will encourage more investors and even the community to use Bitcoin on a daily basis. I just hope that the retailer could also use bitcoin as a means of payment all over the world.
newbie
Activity: 294
Merit: 0
Bitcoin's popularity is increasing at a growing rate. Increasing the popularity of ATM machines and making Bitcoin and other things easier. Hopefully the future will expand further with Bitcoin ATM.
sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
It is quite a surprise that when people here are concerned about the market dip, there is growing adoption of cryptocurrency on a daily basis. It will therefore not be surprised too that ATM market hits that volume in 2013.
member
Activity: 420
Merit: 10
The number of ATMs is growing, which means that the demand for crypto-currencies will also grow.

People invest millions of dollars so that the crypto community can easily buy or sell bitcoin.
newbie
Activity: 104
Merit: 0
Though the news focuses on the positive side of the crypto adoption in the future but they are ignoring the fact that people are still not sure about that these ATMs can truly keep them anonymous. So, gaining trust of the users is a prerequisite before BTC ATMs aim to grow larger in future.
newbie
Activity: 56
Merit: 0
Though I haven't used one yet but I have heard of Bitcoin ATMs and how they are able to provide the true sense of decentralization for a higher fee. However, if the forecast is related with adoption of cryptos then I think along with adoption people will move on to better and cheaper transaction systems, compared to that ATMs are too expensive.
newbie
Activity: 31
Merit: 0
Seeing the popularity of BTC, this sort of amount seems evident. In fact it is a good thing that we are seeing that ATMs are being installed and that it is getting popularity.
hero member
Activity: 1834
Merit: 759
Do people actually use these? Most people from the community say they don't except maybe to test them or something. So who does? Lol I mean, they have to be profitable to continue operating. So the high markup basically offsets the low volume?

But yeah, I can't complain. If nothing else, they're good publicity. Definitely useful if you want to start out without going through exchanges' KYC/AML processes that could take weeks.
newbie
Activity: 40
Merit: 0
This is not something of a shock to be honest. Since BTC is becoming more and more popular, it seems obvious that it will reach such an amount in no time.
jr. member
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
These atm machines can charge whatever they like because they know the users will pay it. That is the price for an anonymous transaction and is easier than paying for something in monero which needs to be converted into bitcoin anyway.
newbie
Activity: 219
Merit: 0
This might be a surprising thing because we know how popular BTC is globally and for to have this much amount of ATM worth is normal to witness.
newbie
Activity: 79
Merit: 0
This change might be because of the fluctuations of the price of BTC that has caused such a change in the dollar's value. But all in all, it's good to see the ATM are being installed.
newbie
Activity: 84
Merit: 0
i think bitcoin fluctuate change that might be changed a lot of dollars in that year. so here is no doubt if the ATM worth that much. it is positive for the development and adoption of bitcoin.
newbie
Activity: 308
Merit: 0
Bitcoin ATM now providing additional security to the traders and makes their transition and other issues easier. In a very short time it is hoping to expand in the whole world.
copper member
Activity: 140
Merit: 0
it is very good news. it's focus that bitcoin are grow up. i think  bitcoin fluctuate change that might be changed a lot of dollars in that year so here is no doubt if the ATM worth that much.
legendary
Activity: 1904
Merit: 1074
Everyone is looking at the upside of this, but what will happen if normal ATM's adapt their software to allow people to buy/sell

bitcoins from their ATMs? This will render Bitcoin ATM's obsolete and pseudo anonymity would be totally destroyed. A clever

ATM manufacturer will adapt their ATM software to serve both Fiat and Bitcoin on the same ATM.  Roll Eyes  Just thinking out loud.
sr. member
Activity: 672
Merit: 251
What do you mean by buy and sell ATM's? It is not easy to own one though. And it will undergo a lot of procedure for you to have that ATM. It is not easy for you to do that. Goodluck to that lol.
newbie
Activity: 350
Merit: 0
Bitcoin's popularity is going higher day by day and thus Bitcoin will reign throughout the world. Bitcoin is using this ATM machine for business development and security. Which makes it much easier than the past.
newbie
Activity: 62
Merit: 0
I had the possibility to use one of those ATM's and besides them being quite expensive when talking about transaction fee they are a great solution for many to quiclky withdraw cash whenever you need it.
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