I can't consider this as an adoption in my opinion but more of an awareness thingy. People will be aware that there is another currency like Bitcoin where you can use it into transactions.
The fee though is inconsiderable. 15% higher than the other ones is too high to bear especially for those who are just buying small chunks of it.
Well, Bitcoin ATM's are the start of creating awareness to the people that there is a Bitcoin that is existing and more people being aware to it will lead to them using it (hopefully) and that is where adoption starts.
Topic: Yeees it's happening - page 2. (Read 811 times)
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This is good publicity for bitcoin, however, if the fee is high I doubt if it will be advisable to use ATMs than going thru exchanges if you have an option to choose between the two. This might be something new since there are many places around the globe which has a bitcoin machine, but exposure is exposure so it is still beneficial. This will make bitcoin more accessible to people.
This is another step for bitcoin adoption, I wonder if what country it is as I can see that they are already in the process of fully accepting and using bitcoin. Having an easy access in buying bitcoin is what most of the bitcoin users wants and a little push then the bitcoin adoption in that country will surely to spread easily especially if there will be many users who will likely to embrace bitcoin.
Everything needs a process, bitcoin still new rather than another asset or currency, and also there is no entity who manages it which will hamper the mass adoption. Yeah, currently there still many people who will say that bitcoin doesn't have a real function which sooner or later the price will go to zero. But who knows in the future, where many people will be aware of the decentralized system.
It just a beginning, I hope there will be many people who will introduce bitcoin byways that very easy to understand and can be accepted by all people. So as they will truly understand how bitcoin works, not just bitcoin as an investment only. They should know bitcoin can help them in many aspects, if the situation comes we will see there will be many place to purchase bitcoin.
I remember articles about teachers who will teaching and giving lectures about Bitcoin at universities and technical schools in many countries, but I have not found an article that talks about it in the present tense... But I think that everything is still ahead. It just a beginning, I hope there will be many people who will introduce bitcoin byways that very easy to understand and can be accepted by all people. So as they will truly understand how bitcoin works, not just bitcoin as an investment only. They should know bitcoin can help them in many aspects, if the situation comes we will see there will be many place to purchase bitcoin.
I think you should try it, so you can tell us how it feels.
Would really love too especially now that it hasn't gone mainstream yet. That will be great news for people around your city because they will see the BTC logo and the word "Bitcoin" in that local store. I hope that it can attract many people to have a curiosity to know more about bitcoin, and maybe you can talk with the owner of that local store.
Well it will literally make people attract to it, new things comes with curiosity for anyone so they will definitely give it a google search and will find tons of information about it, and when they see they can make profit out of it their eyes will make this money eyes emoji lol. You can share info or discuss other things related to bitcoin and another crypto, so the owner can try to integrate with the other coin. I don't know about the adoption process in your city, but I hope that after this, bitcoin can grow in your country, and hopefully, more people will have an interest and will use bitcoin.
I don't really know where it is, but I think it is somewhere in Europe. Hopefully people will come to try it, a single experience would make them believe that everything they see on the news is different.
Everything needs a process, bitcoin still new rather than another asset or currency, and also there is no entity who manages it which will hamper the mass adoption. Yeah, currently there still many people who will say that bitcoin doesn't have a real function which sooner or later the price will go to zero. But who knows in the future, where many people will be aware of the decentralized system.
It just a beginning, I hope there will be many people who will introduce bitcoin byways that very easy to understand and can be accepted by all people. So as they will truly understand how bitcoin works, not just bitcoin as an investment only. They should know bitcoin can help them in many aspects, if the situation comes we will see there will be many place to purchase bitcoin.
It just a beginning, I hope there will be many people who will introduce bitcoin byways that very easy to understand and can be accepted by all people. So as they will truly understand how bitcoin works, not just bitcoin as an investment only. They should know bitcoin can help them in many aspects, if the situation comes we will see there will be many place to purchase bitcoin.
To the moon, friends.
It's happening and it's real but that's just a small portion of the adoption that we're getting. There were posts that I've seen stores accepting bitcoin and other cryptocurrencies. So this isn't that different from those and it's just satisfying to see stores accept.
When you're also one of those people who holds it and happily looking at the sign.
When you're also one of those people who holds it and happily looking at the sign.
This may be just the beginning, want this to see in major parts of the globe and also for this it is important that government does support or atleast have some certain rules so that it is easier for the merchants when rules are clear so it becomes easier to start accepting it. Some countries are still unclear about bitcoin and thus not much adoption could be seen.
and we can contribute by taking a picture also if we have seen something like this in our places and posting here in forum.this will encourage more investors to put more money because of the advertising and popularization that happening worldwide.
Maybe this is not the first time Bitcoin ATMs are available in stores, even Bitcoin ATMs are available in some other countries too, but not all countries provide Bitcoin ATMs because some countries do not allow Bitcoin to enter and use Bitcoin. If you want to try it and don't know how to use it, you can see it on YouTube, surely someone has made a video how to use a Bitcoin ATM.
yups but this is the first time in OP's place that's why he is amazed seeing one installed ,and even us if we finda new location for ATM surely we will be proud.
Maybe this is not the first time Bitcoin ATMs are available in stores, even Bitcoin ATMs are available in some other countries too, but not all countries provide Bitcoin ATMs because some countries do not allow Bitcoin to enter and use Bitcoin. If you want to try it and don't know how to use it, you can see it on YouTube, surely someone has made a video how to use a Bitcoin ATM.
Do you think that the adoption is really happening?
I think it's been going on for a while now, especially in the USA&Canada where most crypto ATMs are located, and if I'm not mistaken this ATM is located somewhere in the US or maybe in Canada. You’re probably excited to be able to buy BTC in your city, but as I see the fee is really high and you should know that this is certainly one of the most expensive ways to buy or sell crypto.
However, that doesn't mean you shouldn't try the service - I'd love to try it too, but there's no such device near me.
I think you should try it, so you can tell us how it feels. That will be great news for people around your city because they will see the BTC logo and the word "Bitcoin" in that local store. I hope that it can attract many people to have a curiosity to know more about bitcoin, and maybe you can talk with the owner of that local store. You can share info or discuss other things related to bitcoin and another crypto, so the owner can try to integrate with the other coin. I don't know about the adoption process in your city, but I hope that after this, bitcoin can grow in your country, and hopefully, more people will have an interest and will use bitcoin.
It is great that we are having this kind of people who would try to spread the crypto into other people this might help us to have more people to accept Bitcoin and crypto.
This could make other people curious about Bitcoin and finally accepts it and the best part could be there would be more store owners that would follow their step and we could finally use crypto as a payment method on our local stores.
This could make other people curious about Bitcoin and finally accepts it and the best part could be there would be more store owners that would follow their step and we could finally use crypto as a payment method on our local stores.
btc wont get anywhere if adoption didnt happen but by the help of this atm , we can go more. thanks to those concerned individuals for making this possible .
i dont know if what country is this but this look like on u.s country based on the posters on the door of the store .
this is not new if its in the u.s but id be more happy if this also happen on local countries like on asia where adoption is still less . operating on this atm wont be complex if you already know how to use btc
i dont know if what country is this but this look like on u.s country based on the posters on the door of the store .
this is not new if its in the u.s but id be more happy if this also happen on local countries like on asia where adoption is still less . operating on this atm wont be complex if you already know how to use btc
it is a start i would say, more like creating awareness through this means, there are many btc atm around the world and an addition is always welcome, the awareness this will generate is most important because if this convenience store has a good number of customers and probably 90% of them are unaware of btc before but with this atm that number will definitely reduce and who knows some might be too curious to want to dig even further.
This is not the first store to showcase this but it is showing that the awareness is coming stronger. Many stores are beginning to show interest in the use of bitcoin. It is a good thing because we can use our coins and cash in exchange for the other. We are going higher and higher in this move.
This bitcoin adoption is one of many. Have you heard about the bitcoin ATMs spreading in Africa?
Many bitcoin users are hoping for this adoption to reach their place, including me.
But this time, a bitcoin machine where you can but BTC? That's really a good idea and this will help to increase the number of investors of bitcoin in that place. Hoping that there will be someone who will post a video where they will tell us how to buy bitcoin using that machine or how to withdraw bitcoin using Bitcoin ATMs. That will probably give us an idea on how bitcoin is easily to access nowadays.
Bitcoin ATMs aren't something new (at least for me). Its like I see them almost everywhere (there are a lot of Bitcoin ATMs around me. Went to a different area once, would see them less often), but don't see much people using them. But yeah, good thing they are installing more. In case you didn't know, you should try using coinatmradar.com. You can see a list of bitcoinATMs around you! Quite helpful it is. Some ATMs even allow you to make transaction before going to the ATM so that you don't have to wait for confirmation in front of the ATM.
it is cool to see it happening in more places but "adoption" is not happening when they "sell" bitcoin or provide ATMs. the adoption happens when those stores (like this convenience store) started accepting bitcoin as payment when you buy stuff from them. that would be something to be happy about if you ask me.
True, but at least people are noticing and gets to buy bitcoin easily (but that comes with a premium price).
We are already on that stage. Ive seen so many stores accepting bitcoin and other cryptocurrency as a payment and also stores where we can cash in fiat money to our ewallets and then convert it into bitcoin.
Never saw some store where you can directly buy bitcoin. Interesting. I wonder how much fees will they gonna charge aside from that of transaction fee itself?
Never saw some store where you can directly buy bitcoin. Interesting. I wonder how much fees will they gonna charge aside from that of transaction fee itself?
Do you think that the adoption is really happening? I've seen this picture, a convenience store literally selling bitcoin through an ATM, I know it isn't new at all but this proves the actuality of innovation, something that we are dreaming of since we knew bitcoin. Hail the King! I still haven't tried it yet, I'm still wondering how complex it is.
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sorry to ask but Don't you have installed Bitcoin ATM installed in your location?those are being spread now worldwide so this is not new,I thought that the convenience store is accepting Bitcoin as payments for your purchases . CTTO
anyway Good to see that there are at least place where you can Buy bitcoin in your place.
Near my office there are atm's and bank who has the same offers.
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Bitcoin has been happening long ago and the number one thing that hinders its adoption is the government stance towards but the pandemic showcase Bitcoin potentials to the rest of the world where there doubt about Bitcoin potential. However, the issue of convenience stores offering the service to buy and sell Bitcoin through ATM is generally common in the US but the charges for transactions are high than online.
Wow, that was so exciting! The adoption of bitcoin to certain countries anywhere in the globe is getting more wider and really beyond our expectations. I believe that cryptocurrency will soon become our mainstream currency just like fiat, and its more safe to us now that we are still dealing with covid-19 and we don't really know the end of this crisis. Bitcoin ATM machines is a great idea to capture the interest of people and be part of the blockchain industry and be more productive just like anyone here in crypto world.
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