Topic: Would you use a Bitcoin ATM? (Read 3489 times)
Absolutely yes! The usage of Bitcoin ATM would be beneficial. Using these ATMs would help us in converting our bitcoin to fiat with haste.Since bitcoin is not yet accepted by everyone then we still need fiat and Bitcoin ATM is a must for that
Why not if there's any available facility in my area, its a big help for emergency purposes and you need money in an instant withdrawal but considering high fees,withdrawal in btc atm maybe become limited.
Of course when you have easy to use bitcoin, why not? when you're easier to send and attract or withdraw bitcoin to fiat.of course I'm going to use it
Yes ofcourse if there is a bitcoin ATM in my country because bitcoin ATM is very important for us specially for emergency but for now I doesn't heard people that using bitcoin ATM in my current place. I only heard cardless ATM even it is different from bitcoin ATM, it is almost the same.
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TTMNewsK & JanpriX
Do keep in mind that the BTC ATMs are there to make money for their owners as well as having their own expenses (maintenance, etc.). Here in the USA, some of them have been attacked and damaged. So, the ATMs have to charge a relatively high fee (usually between 10% - 18%).
I have read that some ATMs in Europe only charge some 8% - 9% or so.
Even so, if I need or want BTC, sure, I will use the ATM! Although I now also use buy.bitcoin.com (7.5% fee) too.
TTMNewsK & JanpriX
Do keep in mind that the BTC ATMs are there to make money for their owners as well as having their own expenses (maintenance, etc.). Here in the USA, some of them have been attacked and damaged. So, the ATMs have to charge a relatively high fee (usually between 10% - 18%).
I have read that some ATMs in Europe only charge some 8% - 9% or so.
Even so, if I need or want BTC, sure, I will use the ATM! Although I now also use buy.bitcoin.com (7.5% fee) too.
As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
A resounding yes would definitely be my answer. Right now, I think. there's only one or two BTC ATM in our country and I haven't used any of it. I would be very glad if BTC ATMs would become a norm in our place. This will greatly provide ease to the bitcoin users in our area and the fact that you can withdraw and deposit BTC by using ATM would greatly increase the exposure of BTC to the normal masses in our community.
Definitely YES!
Actually the bitcoin atm is really good.
Actually the bitcoin atm is really good.
it depends on whether there is bitcoin atm in my city if it's there I'll use it if it was not there I would not use it because I don't like to use things that can't be used
bitcoin and fiat is currency and functions also as a means of payment what is the problem?
BTC atms will never have any success, because bitcoin itself didn't go mainstream. They're sole role is marketing.
Exactly, to compete with bank ATM it seems difficult, because there is already evenly and in all places. People will not want to queue up at the ATM bitcoin, moreover if there is bitcoin ATM then the function bitcoin is equal with fiat money.
Why not if there's any available facility in my area, its a big help for emergency purposes and you need money in an instant withdrawal but considering high fees,withdrawal in btc atm maybe become limited.
BTC atms will never have any success, because bitcoin itself didn't go mainstream. They're sole role is marketing.
Exactly, to compete with bank ATM it seems difficult, because there is already evenly and in all places. People will not want to queue up at the ATM bitcoin, moreover if there is bitcoin ATM then the function bitcoin is equal with fiat money.
BTC atms will never have any success, because bitcoin itself didn't go mainstream. They're sole role is marketing.
Yes, I will use a Bitcoin ATM, why not?
For example, I'm in a new city (or country) and quickly need some cash.
What options do I have?
If I have funds in my btc wallet, and some bitcoin ATM is near, I'm sure that I will visit this ATM and withdraw my bitcoin funds.
It's simplest way to get funds, really.
Can you do something like this with Paypal?
Other online payment processors like Payza, Stripe, Neteller etc.
No way.
For example, I'm in a new city (or country) and quickly need some cash.
What options do I have?
If I have funds in my btc wallet, and some bitcoin ATM is near, I'm sure that I will visit this ATM and withdraw my bitcoin funds.
It's simplest way to get funds, really.
Can you do something like this with Paypal?
Other online payment processors like Payza, Stripe, Neteller etc.
No way.
Yes I will use bitcoin ATM. And I am of the opinion that bitcoin ATM should be made popular through advertisement. 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. This will make bitcoin accessible to large audience.
I think until now bitcoin ATM is still be best way to allow newcomers to acquire small amount of bitcoin, although the rate is a bit expensive.
Besides, it can also serve as an advertisement in the public places.
i do not think that we need for any bitcoin atm, we can use our online wallet any time and anywhere, i think when the number of bitcoin uses will increase then the idea of bitcoin ATM may work a little but stil i do not think that a lot of people will appreciate this idea. Besides, it can also serve as an advertisement in the public places.
Correct. And we do have our ATM cards for this, but not bitcoin ATM. We store our bitcoin in our online wallets, and if we needed some cash, we are converting some of our bitcoin into fiat and then transfer it to our ATM account, for us to withdraw it. Though, having this Bitcoin ATM is also a good idea, but I think that it is not necessary to have one because we have ATMs, what we do need is bitcoin bank, in my opinion.
As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
I've heard that there are some Bitcoin ATM's in some major cities, but I don't think there are any where I live. Does anyone know how to find out where they are all located? I would be interested in using one if I could find out where they are.
I am not from the United States, but in case there was a Bitcoin ATM just near my location, I would use it daily !
i actualy use an bitcoin ATM and i am very satisfy,it s easy is fast is anonymous
Who lives in a country like mine will not have this opportunity so soon, maybe 30 or 40 years from now
I've never seen these ATMs, but at one time I've heard about them and I was curious,
What are the advantages of these ATM bitcoin, I mean, have bitcoin online wallets that offer mastercard cards that you can use in many ATMs
Do you need to create an ATM bitcoin?
I'm sorry for my ignorance, but I do not understand the advantages of ATM bitcoin
As Coin Cloud Moves To Spread Bitcoin ATMs Across The United States. Considering the emerging opportunities in the US for Bitcoin as an alternative financial option, as proven by the activities of already installed BTMs, Coin Cloud plans to continue its rapid expansion nationwide.
With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
How does bitcoin ATM actually works?It must not be similar to fiat atm where you swipe ATM card,enter amount and get currency.I am intrigued about its working as bitcoin is not physical currency so what do you get when you use bitcoin ATM?With over 15 Bitaccess BTM kiosks, Coin Cloud claims to be the largest Bitcoin ATM (BTM) operator on the west coast.
You can buy bitcoin with your fiat through this machine or convert your bitcoin to fiat, i personally would not use bitcoin ATM due to the fee that they provide is too high for me also it's really far from my area. What we get when we use bitcoin ATM? i think there is no difference between using Bitcoin ATM and buying bitcoin directly from your local exchanger, just in my opinion.
Bitcoin ATMs are no new thing anymore and I think many Bitcoin users are familiar with them and are frequently using it. In my country there are few of them placed in biger cities and are well accepted. So far I haven't heard that people had bad experiences so, yes, I would use them although I prefer some other ways to get Bitcoins.
I have heard of it many times here in this forum. And also I heard one of my friend told me that we had Bitcoin ATM somewhere here in my country, which is very easy and convenient to use, where I can withdraw bitcoin then the machine will dispense the amount according to amount I withdraw to our currency,. but til now I never try it so far, though i'd like to experience it
Closest bitcoin ATM where I can go is 300 km far. I didn't have need to go there for years, last time I was there I didn't know about bitcoins. Next time I will try bitcoin ATM, I saw couple times on YouTube how it's easy, and I wish to try that.
Even they have higher fee then some other ways yo purchase bitcoin, I find that ATM's are good thing for people to get some bitcoins easy and anonymous, and without much bothering.
Even they have higher fee then some other ways yo purchase bitcoin, I find that ATM's are good thing for people to get some bitcoins easy and anonymous, and without much bothering.
You're lucky u have bitcoin ATM in your country although its 300 KM far away
We do not have yet this facility in our country . I hope our government also take steps to start a BTC ATM in our country.It will be fun to use bitcoin ATM's here in my country since most of the people here are using fiat and credit cards. It will be unique if I'm the only guy or we are few to use that bitcoin ATM. But too bad that I haven't seen around that ATM here in my place and if that happens I will be the first one who is going to try it.
yeah fow now the bitcoin ATM still limited to some places only ,due to a limited budget and considering how much bitcoin user on certain place ,
you will use that ATM full of pride not just unique ,
it help offline merchant to accept bitcoin too at least.
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