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Topic: Would you use a Bitcoin ATM? - page 3. (Read 3503 times)

hero member
Activity: 1372
Merit: 503
March 20, 2017, 08:38:56 AM
#67
Well it always depends upon the situation if theres no way out on how we can convert or exchange our coins into fiat then i would preferred to use bitcoin atm if theres one but if theres none well i will always the safe one. I always sold out my coins into our bitcoin based wallet where they will easily deposit your money directly into your banks with in 8 hours.
hero member
Activity: 574
Merit: 500
March 20, 2017, 08:28:43 AM
#66
I want to sell Bitcoin for cash. If small cash exchange shops accept Bitcoin I do not need a Bitcoin ATM.
hero member
Activity: 1806
Merit: 672
March 20, 2017, 08:26:39 AM
#65
If there are no other choice then yes. Of course Bitcoin ATMs as of the moment are also just an option to have an access converting your Bitcoin to Fiat or vice versa. Because from what I know there are several Wallets that has a direct access on buying and selling the Bitcoins you are holding in your wallet. Also there is another view on the price of their exchange rate on who is having a better deal to another.
hero member
Activity: 1428
Merit: 506
March 20, 2017, 08:24:25 AM
#64
Here in my country, bitcoin atm is not yet placed in any malls. Its truly nice if bitcoin atm here will displayed so anyone can use anytime and anywhere. Even price is fluctuating it is nice to have bitcoin atm so that bitcoin will be popular in my country.
legendary
Activity: 1400
Merit: 1001
March 20, 2017, 08:22:48 AM
#63
Where I can see ToS of these BTM service?

From my past experiences I know that in 90% cases if you can buy bitcoin from regular exchange it is better to do so.
BTMs are not so easy to use and you will pay excessive fee just to be able to use this fancy new tech, most of them require your documents and will record your face.
sr. member
Activity: 406
Merit: 250
March 20, 2017, 08:18:09 AM
#62
Personally and currently as at today, I wont use bitcoin ATM to withdraw. I can still use it to load or buy bitcoin but with conditions to be used. The reason for my decision is because I will make more money per one dollar worth of bitcoin selling to exchangers, rather than withdrawing from the bank that will be using the current exchange rate to process my withdrawal.

Yes true this is not the right time to use bitcoin ATM to withdraw money as they use current money exchange rate for the withdrawal which is much higher than the normal bitcoin transaction but we need to wait for some more years until bitcoin becomes too mainstream and these charges will be levied so that we use bitcoin ATM without huge transaction fee.
hero member
Activity: 1050
Merit: 529
March 20, 2017, 08:06:23 AM
#61
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.
Mostly depends on the price and distance from my house. IF the ATM just down my street and is selling BTC for about the same price as localbitcoin, then why not I would definitely give it try. But unfortunately, I don't think there is any bitcoin ATM in my country, but in the past few months my country has become more aware fo bitcoin and more people are adopting BTC here so probably by next year we would see a BTC ATM here.   
hero member
Activity: 1330
Merit: 569
March 20, 2017, 07:55:51 AM
#60
Personally and currently as at today, I wont use bitcoin ATM to withdraw. I can still use it to load or buy bitcoin but with conditions to be used. The reason for my decision is because I will make more money per one dollar worth of bitcoin selling to exchangers, rather than withdrawing from the bank that will be using the current exchange rate to process my withdrawal.
hero member
Activity: 896
Merit: 500
March 20, 2017, 07:40:35 AM
#59
This is no new bitcoin to countries around the world. We have known it for a long time, and it is very normal. In developed countries, bitcoin has been accepted and operates as an official currency, even now, there has been a "bitcoin" city in canada. This is where everyone uses bitcoin in their daily deals. I find that very great, I hope my country develops like that, however, I am worried about the future of bitcoin, when it is split into two branches, I just want bitcoin to be one and always Development for the community.
member
Activity: 98
Merit: 10
March 20, 2017, 07:19:33 AM
#58
i actualy use an bitcoin ATM and i am very satisfy,it s easy is fast is anonymous

Really? it is very easy to use? will if that so,  i would also prefer to use bitcoin ATM. But i think some ATM now also is easier to use, but the difference between bitcoin ATM to another ATM is that, it is more convenient especially in making some transactions or even buying through online without needed any ATM. But sad to say, there are no bitcoin ATM here in my country and even our government never support bitcoin
hero member
Activity: 616
Merit: 500
1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr
March 20, 2017, 07:08:02 AM
#57
In my country (Croatia) bitcoin is still not very adopted but we have two BTM machines (one of them is opened just recently) close to where i live. I am using them frequently because BTM machine is fastest way to buy or sell Bitcoin. Yes, fees are somewhat high (10% at first and 9% at new one) but i hope with more competition fees should go down.
legendary
Activity: 1134
Merit: 1598
March 20, 2017, 07:05:27 AM
#56
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.
YES YES YES, but I hope its not too expensive to use it. If transaction fees are same as fiat or maybe close to it and not too high, BTMs are perfect, they are a requirement. And they will invite the masses to use bitcoin and people will actually start  using it when they see a few BTMs around. As it will make the bitcoin look more user friendly, feasible and people will also start to learn about its benefits over fiat.

Although many ATMs around sounds great, it has a big disadvantage that I fear a lot: security cameras. It's not about stealing but revealing my identity. As soon as I joined Bitcoin I knew I'd always be hidden from the public, from the governments. I have not joined Bitcoin to work with it like with any other bank around.
hero member
Activity: 714
Merit: 500
March 20, 2017, 06:57:47 AM
#55
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.
YES YES YES, but I hope its not too expensive to use it. If transaction fees are same as fiat or maybe close to it and not too high, BTMs are perfect, they are a requirement. And they will invite the masses to use bitcoin and people will actually start  using it when they see a few BTMs around. As it will make the bitcoin look more user friendly, feasible and people will also start to learn about its benefits over fiat.
legendary
Activity: 1148
Merit: 1006
March 20, 2017, 06:20:36 AM
#54
I will use a bitcoin ATM if theres an BITCOIN ATM machine here in my city, but as of now there's no Bitcoin ATM here. May I know how it works? do we need to have an Bitcoin ATM card to use that ATM machine? or We just need to send bitcoin to Bitcoin wallet in ATM Machine?
You have to apply for Bitcoin Debit card, and you will receive the card within few weeks. And no need to deposit bitcoin and there is no separate Bitcoin ATM I think. We can withdraw money to just insert card in any ATM, as for how we withdraw money through our normal Debit card. But the transaction fee will be high to compare exchangers. This is easy and safe no cheating and nothing you can withdraw your money at any time.
Here it is true that bitcoin ATM is not a big thing or big topics in these day , it was already made experiment about 5-6 years ago ( I think the ATM machine was invented in Singapore ) .
But still the development of bitcoin ATM not get much famous Because of the steps by taking by any big service company .
Well here I would like to use it . I am a Indian here I would like to find any solution to use bitcoin ATM , if anyone can help me or just give me Link to get ATM card resiteration in India .
Yup Singaporeans are using this Bitcoin debit card, and according to my knowledge they will charge 10% of the money for every transaction, and there is some withdraw limit I think I am not sure about this. But this facility not there in many countries, And they will charge some amount to send your debit card, Many people have doubts in this matter whether they will issue a card or they will cheat us.
hero member
Activity: 882
Merit: 500
March 20, 2017, 06:02:27 AM
#53
I will use a bitcoin ATM if theres an BITCOIN ATM machine here in my city, but as of now there's no Bitcoin ATM here. May I know how it works? do we need to have an Bitcoin ATM card to use that ATM machine? or We just need to send bitcoin to Bitcoin wallet in ATM Machine?
You have to apply for Bitcoin Debit card, and you will receive the card within few weeks. And no need to deposit bitcoin and there is no separate Bitcoin ATM I think. We can withdraw money to just insert card in any ATM, as for how we withdraw money through our normal Debit card. But the transaction fee will be high to compare exchangers. This is easy and safe no cheating and nothing you can withdraw your money at any time.
Here it is true that bitcoin ATM is not a big thing or big topics in these day , it was already made experiment about 5-6 years ago ( I think the ATM machine was invented in Singapore ) .
But still the development of bitcoin ATM not get much famous Because of the steps by taking by any big service company .
Well here I would like to use it . I am a Indian here I would like to find any solution to use bitcoin ATM , if anyone can help me or just give me Link to get ATM card resiteration in India .
legendary
Activity: 1092
Merit: 1000
March 20, 2017, 05:48:01 AM
#52
I will use a bitcoin ATM if theres an BITCOIN ATM machine here in my city, but as of now there's no Bitcoin ATM here. May I know how it works? do we need to have an Bitcoin ATM card to use that ATM machine? or We just need to send bitcoin to Bitcoin wallet in ATM Machine?
You have to apply for Bitcoin Debit card, and you will receive the card within few weeks. And no need to deposit bitcoin and there is no separate Bitcoin ATM I think. We can withdraw money to just insert card in any ATM, as for how we withdraw money through our normal Debit card. But the transaction fee will be high to compare exchangers. This is easy and safe no cheating and nothing you can withdraw your money at any time.
sr. member
Activity: 334
Merit: 250
March 20, 2017, 05:09:50 AM
#51
Yes...is a welcome idea..will really love too...cause it will also save time and easy for everyone opportune to use it.
hero member
Activity: 798
Merit: 500
March 20, 2017, 04:37:35 AM
#50
I will use a bitcoin ATM if theres an BITCOIN ATM machine here in my city, but as of now there's no Bitcoin ATM here. May I know how it works? do we need to have an Bitcoin ATM card to use that ATM machine? or We just need to send bitcoin to Bitcoin wallet in ATM Machine?
sr. member
Activity: 381
Merit: 250
March 20, 2017, 04:19:41 AM
#49
Yes, I would love to use bitcoin
ATM if there have one in our country.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
March 20, 2017, 04:14:33 AM
#48
in my country there are already have bitcoin ATM but only a few and the location is far from my place. i think if there are 1 in my town i will try it at leas once,,if the fee is very high, i would'nt try it again  Grin

Yeah, here atm bitcoin is also only available in the big cities and the distance away from my home. But for the moment I do not think so too requires atm bitcoin, because without atm bitcoin I could still use bitcoin for a variety of things. And I was scared too if atm bitcoin charge fees that are too large. Thank you
That's right. Bitcoin ATM is actually not that necessary, but, it will surely make it easy when you just want to buy bitcoin or convert your bitcoin instantly. The bitcoin itself can be used from every place as long as there's still an internet connection exists. Just consider bitcoin ATM as an additional feature for bitcoin.
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