Trying the new Bitcoin ATM near my house - page 5.

zeaderza

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Quote from: benperrin117 on April 03, 2017, 08:17:03 AM

There's a new Bitcoin ATM in the mall down the block from me, so I went over and checked it out.

https://www.youtube.com/watch?v=xajKjxxRL04

Just be careful about ATMs that aren't at a bank branch. I have read a lot of articles about people using pen cameras to steal peoples pins. I would think one in a mall would be safe but you never know so be careful. That is awesome that they made that available though! I need someone to put one near where I live!

Xester

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Quote from: staceyoh on April 04, 2017, 04:44:26 PM

Awesome!I wish there is also a
bitcoin ATM near our house.

I also dream of having a bitcoin atm near my house so I will not make transactions with the banks or the courrier and wait for 7 to 24 hours before my cash gets into my bank account or at my pocket. But if there are bitcoin atm near my house then I can instantly convert my bitcoin into cash and I can also easily buy bitcoins using the bitcoin atm machine. If there was an atm near my house buying and converting bitcoin to cash is very fast.

mastermold

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Bitcoin ATMs are a tremendous way for newcomers to be exposed to Bitcoin, and easily experiment with it without the pre-requisite of setting up an online trading account. More and more bitcoin ATMs should get open all over the world so that the more and more people get to know about it and get involved. I

AjithBtc

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That's good to see such a visual of withdrawal from bitcoin ATM. Bitcoin ATM's were making big earning because they have increased fee compared to exchange websites. Also these days bitcoin ATM have decreased a lot than the past days.

numismatist

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Looks like the usual, which will not cut it.

Extortionist rates of course, than looking further you see the more complex technology capable of recognizing paper bills. But only slurping them in.
Why can't any ATM pay out money for heaven's sake? So Bitcoin keeps looking like some one way street, seriously?

These sorts of ATMs do more harm than any good.

positivezero

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Quote from: benperrin117 on April 03, 2017, 08:17:03 AM

There's a new Bitcoin ATM in the mall down the block from me, so I went over and checked it out.

https://www.youtube.com/watch?v=xajKjxxRL04

That information sounds good. How i wish to have like that, i mean bitcoin ATM near my house. Im just wondering, i think it wont happen here in my country since they dont actually accept bitcoin and even here in my place, i think im the only one know and used bitcoin Grin

so theres no chance to have like what you have now

Amph

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Quote from: tobacco123 on April 03, 2017, 08:28:32 AM

Gosh... the rate is extremely high at CAD$1820 per BTC (CAD$20 for 0.01099BTC). Current rate is only around CAD$1520!

probably it's done to cover the machien maintanance, basically you are actually paying a fee to use that ATM, nothing is free in this world

at least it's nice that it doens't require your ID scan or something like that, but i'm afraid they can track you better with ATM, that's one of the reason why they are building those

Lonthe

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Quote from: KuromaYoichi on April 05, 2017, 01:29:00 AM

It's a nice video, i've never seen a bitcoin atm as there's only a few in my country and it's located very far away from my place. And the rate difference quite significant. And how long you have to wait for the confirmation to sell bitcoin there?

Yes good, it's a great experience, I hope ATM bitcoin is also present in my city. want to know, whether it is provided with a wallet?

KuromaYoichi

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It's a nice video, i've never seen a bitcoin atm as there's only a few in my country and it's located very far away from my place. And the rate difference quite significant. And how long you have to wait for the confirmation to sell bitcoin there?

Pearls Before Swine

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Quote from: YTBitcoin on April 03, 2017, 08:46:49 AM

I also wish that there would be an ATM in my country as with ATM we can use our bitcoin very easily in our country we can spend our bitcoin even in those places where there will not be any connection to our phone so we will go to ATM and will withdraw our money for our needs.

Such sig spam. This forum is truly fucked up. OP doesn't even care to write anything more for those of us who couldn't care less about watching a YouTube video. The only people who seem willing to write are those who have nothing coherent or constructive to say, and this is sad indeed.

Would love to use a bitcoin atm, but alas there are none to be found anywhere near me. Perhaps someday.

Schuyler

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Quote from: Golftech on April 05, 2017, 12:49:40 AM

Quote from: pinkpanther03 on April 04, 2017, 04:49:55 PM

Quote from: benperrin117 on April 03, 2017, 08:17:03 AM

There's a new Bitcoin ATM in the mall down the block from me, so I went over and checked it out.

https://www.youtube.com/watch?v=xajKjxxRL04

According to my friend having a bitcoin atm was a good a advantage especially if you have a friend it will be a great advantage for us to show them that we have bitcoin balance and through bitcoin atm we can convert and withdraw it according to our currency the amount of bitcoin we are going to get it.

it will attract attentions and curiosity coming from people who doesn't have idea regarding to bitcoin will be concern about this type of system
for the long run it will help the popularity of btc like what you have said its a easy way to check and withdraw your btc balance and we can easily
show it to our friends too.

But there has got to be more visibility of these machines. Case in point, in my country there are only two of them that are actively working, but they are only located in two business districts (which are still far from where I work and live). Would love to see more of those so that it is easier to access it and for people to be able to get more acquainted with such machines.

Golftech

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Quote from: pinkpanther03 on April 04, 2017, 04:49:55 PM

Quote from: benperrin117 on April 03, 2017, 08:17:03 AM

There's a new Bitcoin ATM in the mall down the block from me, so I went over and checked it out.

https://www.youtube.com/watch?v=xajKjxxRL04

According to my friend having a bitcoin atm was a good a advantage especially if you have a friend it will be a great advantage for us to show them that we have bitcoin balance and through bitcoin atm we can convert and withdraw it according to our currency the amount of bitcoin we are going to get it.

it will attract attentions and curiosity coming from people who doesn't have idea regarding to bitcoin will be concern about this type of system
for the long run it will help the popularity of btc like what you have said its a easy way to check and withdraw your btc balance and we can easily
show it to our friends too.

iram3130

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Quote from: Davkul on April 04, 2017, 02:47:55 PM

Quote from: iram3130 on April 04, 2017, 01:41:55 PM

Quote from: bamboylee on April 04, 2017, 01:35:48 PM

I wish I could try one too but there is no Bitcoin ATM yet near our vicinity. I think it will be good if more of this will be available for us so we are not dependent on localbitcoins or just a few bitcoin exchanges.

For all those who are complaining or wishing for a Bitcoin ATM in their City or locality, just read the posts of those who have used it.
The exchange rates are ridiculously high and on that there will be transaction fees, it's better if you use an exchange and get the money to your bank which you can cash out anytime.

I mean.... I don't care about the rates at all, of course that need to be fixed, but I still like the concept of it.

Everyone, well more than 90% of the Bitcoin universe loved that concept but the thing is that it is not yet a feasible idea for everyone.
It's only good if you are rich and won't bother for paying fees. Small traders or gamblers will not be able to pay that much fees with that exchange rates.

pinkpanther03

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Quote from: benperrin117 on April 03, 2017, 08:17:03 AM

There's a new Bitcoin ATM in the mall down the block from me, so I went over and checked it out.

https://www.youtube.com/watch?v=xajKjxxRL04

According to my friend having a bitcoin atm was a good a advantage especially if you have a friend it will be a great advantage for us to show them that we have bitcoin balance and through bitcoin atm we can convert and withdraw it according to our currency the amount of bitcoin we are going to get it.

staceyoh

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Awesome!I wish there is also a
bitcoin ATM near our house.

veleten

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a very cool video indeed,thank you for posting it
an easy to use atm with atrocious rates,haha
on a 20 CAD exchange back and forth you lost 0.0011 + btc which is 1.5 CAD
but I wish my country had machines like that- I'd host paid tours Grin

batang_bitcoin

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Quote from: benperrin117 on April 03, 2017, 08:17:03 AM

There's a new Bitcoin ATM in the mall down the block from me, so I went over and checked it out.

https://www.youtube.com/watch?v=xajKjxxRL04

Awesome! Nice video, I watched it till the end. I wish that there will be bitcoin ATM's here in my country so that I can conveniently go out without bringing cash and if ever I need to it I'll just sell some of my bitcoins. And I like the design of their ATM, for sure the banks will do the same and will copy that design. Wink

Qartada

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Bitcoin ATMs are dumb anyway, the owners can get away with charging giant fees and ridiculous exchange rates just because of the gimmick of it being something you see in everyday life. People will go to that ATM thinking that that's how you get Bitcoin, which is equally stupid since it's rooted online.

xcajun21

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I can't wait to try one. This clearly and boldly answers the question: is btc money?
I wonder if it has anti pump defences? or a limit how much you can withdraw.

andrew24p

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just saw theres now over 1000 bitcoin atms, I hope the ride to the next 1000 more is much quicker.

Topic: Trying the new Bitcoin ATM near my house - page 5. (Read 6000 times)