Author

Topic: World's First Low Cost Bitcoin ATM under 1000 Euro (Read 1475 times)

sr. member
Activity: 364
Merit: 250
Gosh now it wont be effective if they have to show ID and now the ATMS gotta pay taxes on those machines.
legendary
Activity: 3766
Merit: 1217
Most of the Bitcoin ATMs don't have the ability to convert BTC to fiat. That is one of the major drawbacks.
sr. member
Activity: 313
Merit: 258
Now that bitcoin was claimed to be property by the IRS, it would seem logical that an MSB permit would not be needed.

Do MSB laws in the USA apply to property???

Do they accept bitcoin for payments for theses 799 euro atms?
They seem to be really cool.
sr. member
Activity: 434
Merit: 251
do these atms convert bitcoin to cash instantly or just print off bitcoin. and can you buy bitcoin at them?

It only sells btc.


is there any bitcoin atm that you can sell your own bitcoin for cash? and then lets say buy it back later that day with the machine. that is what is needed in all liqour stores
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
I think these machines will become popular in places where there is little regulation.
hero member
Activity: 658
Merit: 500
do these atms convert bitcoin to cash instantly or just print off bitcoin. and can you buy bitcoin at them?

It only sells btc.
sr. member
Activity: 434
Merit: 251
do these atms convert bitcoin to cash instantly or just print off bitcoin. and can you buy bitcoin at them?
sr. member
Activity: 252
Merit: 250
im excited to see lower and lower prices on bitcoin ATM

this will certainly aide global bitcoin adoption

the beats the $20,000 USD robocoin bitcoin ATMs that were introduced (in vancouver) not too long ago

in the video http://www.indiegogo.com/projects/paybitcoin-the-first-low-cost-bitcoin-atm

scumbag al jazeera (connected with CIA/bankers) prejudiced the video news report by saying that bitcoin will be worth nothing by the time all 100 spain bitcoin atms are rolled out.

subliminal garbage, looks like they want it to goto zero the more they repeat themselves and make you believe it
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
its a good price. nice work.
newbie
Activity: 37
Merit: 0
Today there is no regulation. And for only 799 euro you will have a ROI so high in a few weeks!
hero member
Activity: 658
Merit: 500
too bad.... it will not be widely used due to lack of regulations.

It needs biometric OR ID scanner to cover the operators at in MANY places. I wonder why they didnt have it in the design.
newbie
Activity: 37
Merit: 0
PaymaQ have started to sell Bitcoin ATM 799 Euro. I'm going to buy one:

https://www.indiegogo.com/projects/paybitcoin-the-first-low-cost-bitcoin-atm
newbie
Activity: 37
Merit: 0
Paymaq is going to sell a Bitcoin ATM for only 1000 euro!!!!!
hero member
Activity: 1582
Merit: 502
Quote
As we can see in other countries such as Canada, to buy or sell bitcoin in this machine it is necessary to identify in the system with your national ID card
(an easy process that you can do with an integrated webcam).

As we can see the governments are already trying to find ways to control BTC.

Pretty soon all banks will be working with BTC and giving out loans based on your BTC deposits - Fractional Reserve.

newbie
Activity: 37
Merit: 0

Have you seen twitter from PaymaQ?

www.twitter.com/paymaq

they are going to sell a bitcoin atm for 1000 euro!

Everyone knows some thing about it?
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