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Topic: Over 8700 Bitcoin ATMS now Installed Globally - page 2. (Read 509 times)

copper member
Activity: 2156
Merit: 983
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September 05, 2020, 07:35:08 AM
#30
"Over 8700 Bitcoin ATMS now Installed Globally" but right now there's no single atm in my city  Cry Cry Cry
and if i read the Pie Chart mostly ATM located in America
full member
Activity: 1330
Merit: 147
September 05, 2020, 07:15:49 AM
#29
Actually, I have no interest to use Bitcoin's ATM to take my money through it since they charge 8-10% as a fees that I think that is really huge amount. I just comfortable to withdraw my money to my banking account directly through an exchange, because as of now almost all crypto-exchanges are allowed to withdraw/deposit bitcoin to our bank account which have a low fee.

legendary
Activity: 2086
Merit: 1321
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September 05, 2020, 06:36:32 AM
#28
There’s a nice increase in the amount of ATMs since the OP on the 19th July. So in roughly 6 weeks there’s been roughly a 11% increase. Not bad, and I’m a firm believer that at the very least these ATMs act as advertising, increasing the exposure of Bitcoin.

copper member
Activity: 2940
Merit: 1280
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September 04, 2020, 11:15:33 PM
#27
we still need more ATMS
I do believe that as well but probably not right now. It's not the best idea right now knowing the current situations with the world. Cashless and less contact would be the ideal thing right now.



The problem with these ATM's is that they all are located in developed countries like the US or Europe. People in developing or third world countries need this service more than those in the already established economies. It would be great if this ATM company can start providing its service in those countries.
The reason for that is because the people who use it are there, not the other way around. It's not a great idea to put ATMs in less developed countries because it would be useless. Maybe as the adoption of crypto increases, then perhaps there would be more around the world.
hero member
Activity: 2156
Merit: 803
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September 04, 2020, 10:38:52 PM
#26
The problem with these ATM's is that they all are located in developed countries like the US or Europe. People in developing or third world countries need this service more than those in the already established economies. It would be great if this ATM company can start providing its service in those countries.
newbie
Activity: 4
Merit: 0
September 04, 2020, 10:22:15 PM
#25
we still need more ATMS
sr. member
Activity: 1750
Merit: 267
This is a great news for the crypto market, this shows the unstable growth and adoption of Bitcoin. As those ATMs keep increasing in different countries so it's  legitimacy and greater value keeps spreading.

Sooner Bitcoin will become a globally accepted currency and alternative means for easy and safe payment transactions.
But some government are not concerned about bitcoin. There are a lot of country where bitcoin is not legal and for this reason people are not accepting it. If it spreads all over the world, people will be able to take benefit from ATM where bitcoin is connected.
sr. member
Activity: 1274
Merit: 278
It seems like the US-dominated the number of ATM, it means that there are many bitcoin users in the country of the US, well that is good for them because their government allowed their citizens to use bitcoin. Bitcoin becomes so prominent all over the world, there are so many people who are now using the bitcoin that is why we have also many ATM all over the world.
member
Activity: 127
Merit: 12
This is a great news for the crypto market, this shows the unstable growth and adoption of Bitcoin. As those ATMs keep increasing in different countries so it's  legitimacy and greater value keeps spreading.

Sooner Bitcoin will become a globally accepted currency and alternative means for easy and safe payment transactions.
full member
Activity: 588
Merit: 100
Nice. Thankyou for this info it’s really helpful to us.
member
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Bitcoin ATM's must have at least a big headquarters within those countries that those teller machines are available. That also means that if they are implemented widely, then the government approved the operation of Cryptocurrency related businesses which is a good sign for users that are knowledgeable about it. Lets just hope that its not gonna get raided or branded as scam in the long term
full member
Activity: 1484
Merit: 136
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Thank you for this information mate it took its easier for the people to withdraw their funds without hassle because they have now a supporting ATM nearest to their countryside and hopefully there is a lot of countries right now will accept the use of it in the near future.

I thought there are a southeast Asia right there, still there no new because some of them does not have well known into the world of cryptocurrency because only a few people see the potential of this coin to make more earning which is a good thing but still I hope someone will prioritize this too and make an investment to create this kind of wonderful project so the people who use a cryptocurrency can take out their funds immediately on their nearest atm.

Why are the only threads on here regarding ATMs only ever about their geographical spread? We rarely read about anyone here actually using them.

Every now and then I consider having a play with one. Then I look up what's nearby and what they fleece me for. Then the idea is forgotten again.
You will have to find about that on the Internet. People use them regularly and that is why they are still available and growing. What I've discovered personally from my findings is that a lot of people that used them are newbie or people that quickly want to get bitcoin without exploring so many options. Many people here in the forum might not be talking about using it because they have many options of buying bitcoin without using ATM machine.

I think there is a possible part of the ATM is nearest to the business establishment because they are the one who really are in the world of business which is a good thing to do but still it takes a lot of time before it will spread for over the country.
legendary
Activity: 2506
Merit: 1394
Hoping to see more Bitcoin ATM in Asia region especially in our country, more ATM more advertisement, more adoption, more people will become curious to Bitcoin.
I want to ask for those already tried to use some Bitcoin ATM, are those Bitcoin ATM are only for buying Bitcoin by using your fiat? Or there are some that are only for selling your Bitcoins to fiat? or both?
full member
Activity: 1498
Merit: 129
Great to have many bitcoin atms aroud the world , but in fact you will find that this ATMS in thier majority are placed in the country of Europe and north america , and you will not find any ATM in some of Africa or Asia country witch is really bad and will slow the cryptocurrency mass adoption in ASIA and Africa and will only help the mass adoption in Europe and North Africa witch is not fair engouth and don't aim with the propuse of cryptocurrency witch is the freedoom of people
It is strictly business. You as a whole can venture into it and install bitcoin ATM in your community but the determining factors is the amount of people that knows what is it and how to use it. In Africa, there are still many countries that are not much into crypto while vast majority of the countries that the crypto is vastly growing have already started using it. When you check the link above, you will discover that African countries such as Nigeria, South Africa and Zimbabwe are having Bitcoin ATM machine installed in various locations
full member
Activity: 1498
Merit: 129
Why are the only threads on here regarding ATMs only ever about their geographical spread? We rarely read about anyone here actually using them.

Every now and then I consider having a play with one. Then I look up what's nearby and what they fleece me for. Then the idea is forgotten again.
You will have to find about that on the Internet. People use them regularly and that is why they are still available and growing. What I've discovered personally from my findings is that a lot of people that used them are newbie or people that quickly want to get bitcoin without exploring so many options. Many people here in the forum might not be talking about using it because they have many options of buying bitcoin without using ATM machine.
jr. member
Activity: 462
Merit: 1
The list is very impressive, as always in the US more than anywhere else Grin It is interesting that the US authorities are not very loyal to cryptocurrencies, although the situation has improved recently. Nevertheless, a huge number of countries are already involved in the field of cryptocurrencies and this is very good.
legendary
Activity: 2170
Merit: 1789
Why are the only threads on here regarding ATMs only ever about their geographical spread? We rarely read about anyone here actually using them.

Because it is easier to find these data over the internet, quote it on a new thread, add some comments and then put some source rather than finding or even documenting the experience of using an atm.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Why are the only threads on here regarding ATMs only ever about their geographical spread? We rarely read about anyone here actually using them.

Every now and then I consider having a play with one. Then I look up what's nearby and what they fleece me for. Then the idea is forgotten again.
newbie
Activity: 27
Merit: 0
Great to have many bitcoin atms aroud the world , but in fact you will find that this ATMS in thier majority are placed in the country of Europe and north america , and you will not find any ATM in some of Africa or Asia country witch is really bad and will slow the cryptocurrency mass adoption in ASIA and Africa and will only help the mass adoption in Europe and North Africa witch is not fair engouth and don't aim with the propuse of cryptocurrency witch is the freedoom of people
full member
Activity: 1498
Merit: 129
It´s somewhat of a weird distribution when you think about the acceptance rate and openness of Asian countries, they are nowhere to be seen on that pic. At least a tine country as Austria is prominently featured haha
If you consider the rate of adoption in Europes especially in banking sectors, you will understand why a country like Austria is having bitcoin ATM matching. This is pure business and no one will want to risk such business in countries that the government is not that open to the technology. Hopefully in the nearest future, when we have bitcoin machine producers in Asia, there will be more machine there also
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