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Topic: Used a Bitcoin ATM in a gas station today - page 5. (Read 4629 times)

hero member
Activity: 1414
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Backed.Finance
October 27, 2016, 11:12:40 AM
#47
Wow nice.I hope some countries will follow this kind of innovation. Adapting this bitcoin will  only put bitcoin to the limelight and many will become curious and want to have one. This is also a good publicity for bitcoin.
hero member
Activity: 518
Merit: 500
October 27, 2016, 10:44:29 AM
#46
You're so lucky to have a bitcoin ATM in your area and have the opportunity to use it Grin in my place bitcoin doesn't seem to be popular so nobody understands what I say when it comes to bitcoin so there is nearly no shop here accepts bitcoin and I've not got any chance to use bitcoin in real life like you do.
legendary
Activity: 3080
Merit: 1500
October 27, 2016, 10:34:43 AM
#45
Good to see that bitcoin is slowly but surely progressing to become a major currency and a lot of people are using bitcoin now. But the ATM seems like provided by a third party exchanger who might be taking a fat fees for every withdrawal from this machine.

But it seems useless to me to spend bitcoin to buy gas. Please track the progress bitcoin is making in terms of price. You can wait a little longer and then sell your bitcoin to buy buy something really important instead of everyday goods.
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
October 27, 2016, 10:26:05 AM
#44
I had to enter my phone number and get a confirmation code, and after that just insert cash.
Why do they need your phone number? Is that a legal requirement?

I was expecting you'd enter your bank pas like a normal ATM, and get Bitcoins instead of cash. But it makes sense to use cash, so it can go both ways directly.

Quote
It even printed out a receipt.
How did you get the Bitcoins? Printed on the same receipt?

The screen says "Withdraw Cash", if that means you have to wait for 1 (or 6?) confirmations, how does that work? Do you have to wait at the machine and guard it for minutes to hours until your money comes out? What if more people want to use it?

I don't think it's a legal requirement for the phone number, probably just a way for the ATM company to build a list for marketing purposes.  I have used the Skyhook machines which do not require a phone number.

The receipt was optional, you could also receive a text receipt or email confirmation. I used a Blockchain app loaded with some addresses in view-only so no private keys stored. Then scanned the QR code of the address I wanted the funds sent too, and waited around for it to showup on blockchain.

I'm not sure about selling Bitcoins for cash and how that works. I'll have to try it out next time.
sr. member
Activity: 378
Merit: 251
A Trader & An Investor
October 26, 2016, 02:42:17 PM
#43


Anyone else seen Bitcoin ATM in random places?

I just posted in other thread that we have also Bitcoin ATM here in my country which is just few kilometers away from my work office. It was established last year and I don't know if it's still there. Haven't seen it personally nor tried it. Because there was a topic about bitcoin ATM today, I want to visit the location of the said machine after Halloween break since we have lots of works this week.



The picture looks cool! I haven't used any Bitcoin ATM because we don't have one in the place where I live in. The truth is very few people know about bitcoin in my country. I look forward to use one some day in future.
legendary
Activity: 3528
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Top Crypto Casino
October 26, 2016, 02:38:00 PM
#42
I clicked on that map but it didn't say where that atm you used is.  Maybe it's my phone.  Never heard of Ozarka water, so I assume it was in a southern state or Midwest US? 

Anyway, cool beans.  I'd probably end up using one of these things if they came to my town--if I didn't get raped with fees. 
full member
Activity: 210
Merit: 100
October 26, 2016, 02:17:21 PM
#41
I am left unsatisfied that many guys are using bitcoin ATM and i am just sticking with bitcoin online wallet not even tried offline or paper wallet. How unlucky i am. I wish I were born I I  a developed country. Here in my country government is trying to ban bitcoin and other countries are enjoying it.
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
October 26, 2016, 02:08:46 PM
#40
To talk about the site, I doubt it is updated, since the price of one bitcoin is far from being accurate Roll Eyes...

The map is updated automatically, but the widget was definitely outdated. Fixed  Cheesy Thanks for pointing that out.
sr. member
Activity: 338
Merit: 250
October 26, 2016, 12:38:16 PM
#39
To talk about the site, I doubt it is updated, since the price of one bitcoin is far from being accurate Roll Eyes...
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
October 26, 2016, 12:21:10 PM
#38


Anyone else seen Bitcoin ATM in random places?

I just posted in other thread that we have also Bitcoin ATM here in my country which is just few kilometers away from my work office. It was established last year and I don't know if it's still there. Haven't seen it personally nor tried it. Because there was a topic about bitcoin ATM today, I want to visit the location of the said machine after Halloween break since we have lots of works this week.



Wow that is nice, see if you can find out what model it is.
legendary
Activity: 3122
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October 26, 2016, 12:18:52 PM
#37


Anyone else seen Bitcoin ATM in random places?

I just posted in other thread that we have also Bitcoin ATM here in my country which is just few kilometers away from my work office. It was established last year and I don't know if it's still there. Haven't seen it personally nor tried it. Because there was a topic about bitcoin ATM today, I want to visit the location of the said machine after Halloween break since we have lots of works this week.

legendary
Activity: 1512
Merit: 1000
October 26, 2016, 12:17:14 PM
#36
Pretty cool. Nice to see more and more Bitcoin ATMs popping up. We have 4 BTC ATMs in my area Dallas, Tx according to a bitcoin atm map.

OP, could you kindly give a step by step of the process/your experience as there seems to be some questions about it here in the thread. One question I have is, did you have to register an account and/or create a wallet on that particular btc atm company's website?
hero member
Activity: 616
Merit: 603
October 26, 2016, 12:09:27 PM
#35
That's great news! It would be very nice to have an ATM machine in my country. We don't have a single one and the reason being that ATM machines can only be owned and operated by licensed Banks (either private banks or Government banks) and requires approval from the Reserve Bank. I'm sure it was a nice experience withdrawing some Bitcoins using the ATM. How much was the price including charges?
hero member
Activity: 756
Merit: 500
October 26, 2016, 12:01:29 PM
#34
Wow, i have never even seen a bitcoin ATM in my life and have no experience about it at all, i also did not have a bitcoin credit or debit card until now because i thought they charge a lot of fees on ATM withdrawals, how much did that ATM charge you btw?
legendary
Activity: 2604
Merit: 1036
October 26, 2016, 12:00:28 PM
#33
I would like to know what fees you paid for using this particular ATM because I have heard some horror stories of random ATM's jacking up the fees so high they are basically ripping customers off. I guess this one being operated by gas station staff would be priced in the normal margins.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
October 26, 2016, 11:51:12 AM
#32
I've never used one to be honest, nice to see you reporting a positive experience. I'll get around to using a bitcoin ATM one day.
full member
Activity: 224
Merit: 100
October 26, 2016, 11:41:23 AM
#31
As for weird spots,I got off a transit train in the dowtown core and caught a bitcoin atm stuck in the corner that was buy only. Couple months later I thought I would give it a shot and the security guard had no clue they had one or where it went,so I reverted back to the old spot.
Was trying to explain bitcoin to the security guard well 8 cops lingered around giving me funny looks as there was a alert on bombs that day if I recall right. Cut the conversation short when I noticed they where taking a little more interest in me. Cheesy
legendary
Activity: 1806
Merit: 1024
October 26, 2016, 11:04:46 AM
#30
While it's nice to see that Bitcoin ATM's are still around I think the lack of privacy when using them is a serious problem. Most of the machines are requiring some kind of ID, biometrics and/or phone number, which is not only problematic in terms of privacy / security but also makes using these ATM's much more complicated and time consuming.

It would be a real step forward if ATM's would directly dispense BTC without the whole surveillance drama. I don't see why this should be a problem - at least for smaller amounts. Two-way ATM's are not needed anyway, because only dumb people will buy fiat trash money using BTC.

It would be even more interesting, if said gas station would allow purchasing gas for BTC. I remember a video a while back of a guy that had developed a gas station pumping system designed for BTC payments.

ya.ya.yo!
hero member
Activity: 756
Merit: 501
October 26, 2016, 09:31:13 AM
#29
Looks a like atm and working with bitcoin sounds great, but there are some questions now, does the withdraw of bitcoin its processed instant or they request a waiting period to cashout? And about the fees taken into the purchase or sell of bitcoin at those, i do remember people complaint about those fees.
member
Activity: 102
Merit: 10
October 26, 2016, 09:11:45 AM
#28
For the first time i am seeing bitcoin ATM.  You are very fortunate that you have bitcoin atm in your country. But does it provide full secure transaction or data passes through third party. Because i am very conscious about my money and I first want to know how secure my transaction is. Well at least you had experienced bitcoin atm.
Lol a bitcoin atm i did not know that was here yet but now i know and that is really nice because when that is over here there will happen allot with th ebitcoin for sure
and that is nice for the future of th ebitcoin off course.
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