Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Tessnik on April 29, 2021, 10:35:53 AM

Title: BITCOIN ATM
Post by: Tessnik on April 29, 2021, 10:35:53 AM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.
Title: Re: BITCOIN ATM
Post by: Zed0X on April 29, 2021, 02:56:03 PM
I'm not a fan at the moment as I would prefer using DEXs rather than buying BTC physically. You never who is watching you when you go near these crypto ATMs. You can raise the argument that it's the same as withdrawing fiat but I've read articles about people getting attacked because the attackers knew the victim had bitcoins.
Title: Re: BITCOIN ATM
Post by: Master107 on April 29, 2021, 03:09:47 PM
I agree to @Zed0X for safety.

Uneducated people once heard about Bitcoin they only think of it on one side which is huge money. Fast forward to conclusion that they think we have more money or rich in a humble personality. Good to have Bitcoin ATM but withdraw at our own risk. So, @Zed0X is right, better to buy, sell, withdraw using DEX and convert to usdt and send to bank account is much safer than using Bitcoin ATM where so vulnerable for wrong people. Also the privacy matter.
Title: Re: BITCOIN ATM
Post by: Freemind on April 29, 2021, 05:16:21 PM
I agree to @Zed0X for safety.

Uneducated people once heard about Bitcoin they only think of it on one side which is huge money. Fast forward to conclusion that they think we have more money or rich in a humble personality. Good to have Bitcoin ATM but withdraw at our own risk. So, @Zed0X is right, better to buy, sell, withdraw using DEX and convert to usdt and send to bank account is much safer than using Bitcoin ATM where so vulnerable for wrong people. Also the privacy matter.

I have been using Bitcoin ATMs for many years and have never had a problem, I am not worried about thieves who may be on the street. There are many Bitcoin ATMs in my city, so I have a variety to choose from. I worry more about thieves who pass tax laws and big banking corporations who also want a piece of the pie.

Title: Re: BITCOIN ATM
Post by: hasyurt on April 29, 2021, 05:49:32 PM
I don't think ATM will do business in Bitcoin. Btc is a nice and high quality money, but I don't think it will function in daily life for now. Maybe it may never be used in daily life. Crypto coins that are faster than the equivalent of Btc can be used.
Title: Re: BITCOIN ATM
Post by: Paglamon on April 29, 2021, 06:00:59 PM
Recently, Bitcoin ATMs are being launched all over the world. But I’m not a fan of ATM launches. Because I'm not a fan, I'm especially careful when using dex. It is time consuming to go to an ATM for a transaction. I have seen various news recently for an unwanted period. I can use the blockchain medium to transact bitcoin at home. So using Bitcoin instead of Fiat Money through ATMs is not reasonable.
Title: Re: BITCOIN ATM
Post by: gargamel on April 29, 2021, 09:00:54 PM
One has to have time to convert bitcoin from ATM to paper money. Because sometimes btc transfers can take a lot of time. And how will the giwavay event happen? Sometimes serious commissions can be charged. What kind of commission is charged at ATM?
Title: Re: BITCOIN ATM
Post by: shadowdio on April 30, 2021, 09:10:23 AM
Well that is good news Bitcoin ATM is getting growing and for sure the price of bitcoin will increase because more and more people will get into bitcoin. I hope that our place has bitcoin ATM because I really want to experience it. ;D
Title: Re: BITCOIN ATM
Post by: Quantum X on April 30, 2021, 04:10:31 PM
I was so amazed before when I heard about this but as time passing by and crypto currencies becoming strongly essential to some countries I can say that bitcoin atm is nothing but simply useless in the future. Because through our smartphone device we can simply make a transaction whenever and whatever we want.
Title: Re: BITCOIN ATM
Post by: Freemind on April 30, 2021, 07:25:35 PM
I was so amazed before when I heard about this but as time passing by and crypto currencies becoming strongly essential to some countries I can say that bitcoin atm is nothing but simply useless in the future. Because through our smartphone device we can simply make a transaction whenever and whatever we want.

I think Bitcoin ATMs are good at teaching new users and investors how easy it is to transact on the blockchain with a simple smartphone. While it is true that these ATMs do not usually have large amounts of fiat or Bitcoin, it always seems to me a tool that at some point can get us out of a problem.
Title: Re: BITCOIN ATM
Post by: rashedul426 on April 30, 2021, 07:31:35 PM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.
I want it. Bitcoin is now popular coin.I hope a day will every country Government support Bitcoin.
Title: Re: BITCOIN ATM
Post by: Bolopecah on May 01, 2021, 05:09:09 PM
World becoming digital. So why not!
We have to wait a few days to pay task with BTC 8)
I think government also will accept bitcoin soon. Now marketcap of BTC is top 10. It’s not impossible to be number 1 for BTC.

Don't say that, I am dreaming a lot. It will happen in future. Just we have to wait.
Title: Re: BITCOIN ATM
Post by: lepbagong on May 05, 2021, 03:37:24 PM
World becoming digital. So why not!
We have to wait a few days to pay task with BTC 8)
I think government also will accept bitcoin soon. Now marketcap of BTC is top 10. It’s not impossible to be number 1 for BTC.

Don't say that, I am dreaming a lot. It will happen in future. Just we have to wait.

Of course, it is not easy for every country to accept bitcoin as a legal medium of exchange. because there are many considerations to be accepted as a medium of exchange. although we must admit that bitcoin is a product of modern technological advances. where with advanced technology it should be able to accept bitcoin.

not something that looks easy for every country to accept bitcoin, because it must be seen the advantages and disadvantages of receiving bitcoin and the benefits that bitcoin will receive as a legal medium of exchange. so consideration is needed and a set of rules must also be prepared as well as possible.

We acknowledge that the need for bitcoin is inevitable in today's technological advances, especially since almost many countries have recognized and accepted bitcoin.
Title: Re: BITCOIN ATM
Post by: Master107 on May 05, 2021, 03:53:50 PM
I agree to @Zed0X for safety.

Uneducated people once heard about Bitcoin they only think of it on one side which is huge money. Fast forward to conclusion that they think we have more money or rich in a humble personality. Good to have Bitcoin ATM but withdraw at our own risk. So, @Zed0X is right, better to buy, sell, withdraw using DEX and convert to usdt and send to bank account is much safer than using Bitcoin ATM where so vulnerable for wrong people. Also the privacy matter.

I have been using Bitcoin ATMs for many years and have never had a problem, I am not worried about thieves who may be on the street. There are many Bitcoin ATMs in my city, so I have a variety to choose from. I worry more about thieves who pass tax laws and big banking corporations who also want a piece of the pie.

Sorry my bad... Haha
I didn't consider some aspects in the world of Bitcoin and ATM globally. I became one sided in that part.

Somehow, it is frustrating that in some aspect it seems life is so unfair for employees (pay tax regularly) and thieves (no tax even they collect millions of dollars) which considering richer than from us (corrupt people and official either). Indirect.
Title: Re: BITCOIN ATM
Post by: 0t3p0t on May 05, 2021, 05:12:28 PM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.
Agree but the transaction fee is as hot as hell most especially if there is only limited atm machines. The fees will always be a downside nowadays even buying Bitcoins on exchanges.
Title: Re: BITCOIN ATM
Post by: Condorlaib on May 05, 2021, 06:18:20 PM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.
Agree but the transaction fee is as hot as hell most especially if there is only limited atm machines. The fees will always be a downside nowadays even buying Bitcoins on exchanges.
The fact is that some cryptocurrency exchanges provide quite good conditions for buying cryptocurrency, especially binance. But there are exchanges where commissions are too high, and the minimum deposit or minimum withdrawal is too high for a small trader.
Title: Re: BITCOIN ATM
Post by: I-Bit on May 05, 2021, 07:05:29 PM
There are many Bitcoin ATMs in my city, so I have a variety to choose from.
You are lucky to have many Bitcoin ATMs there. In my city, there are no Bitcoin ATMs yet. So, I just buy Bitcoin from my local exchange or top global exchanges like Binance. Really want to try Bitcoin ATM someday, it should be very nice to see a Bitcoin ATM in my city. I am optimistic if there is Bitcoin ATM in my city, people will be more interested in Bitcoin and probably know more about Bitcoin. It is still new thing in my city, still many people don't know Bitcoin or Bitcoin ATM.
Title: Re: BITCOIN ATM
Post by: vegasus on May 05, 2021, 07:41:31 PM
There are numerous Bitcoin ATM installed in some certain countries because of the needs. But unfortunately, not all countries can support or legalize this, But so far, the development of BTC ATM is really increasing multiple times higher. Moroever we can also find out many BTC ATM in the public area, merchants, any shops, and also other publick areas as part for likely otehr ATM from banks.
Title: Re: BITCOIN ATM
Post by: gurunanakji777 on May 05, 2021, 08:09:25 PM
Yes the number of Bitcoin ATMs is increasing and it's a good sign for the Crypto market and thus we can hope the adoption of Cryptos will also be increased. Even I have never seen a bitcoin machine but love to use it sometime later. This is the right way to attract more investors to the Crypto market. If the number of machines will be increase certainly it will prove to be a positive move for the crypto market.
Title: Re: BITCOIN ATM
Post by: Octoalts on May 05, 2021, 10:22:35 PM
With the installation of Bitcoin ATM, this shows that there is a very positive development towards Cryptocurrency in that place, Bitcoin ATM make it very easy for us if we want to withdraw our BTC to FIAT, just as we want to withdraw FIAT on ATM machines in general. Of course this is very profitable and I also hope that this Bitcoin ATM can be installed in my area soon.
Title: Re: BITCOIN ATM
Post by: sampoerna on May 05, 2021, 11:56:13 PM
Many users need Bitcoin ATM to support their activities and also easiness to buy, sell, and also withdraw any BTC or fiat.
We can check how many Bitcoin ATM or its progress of the amount and location by tracking in this site https://coinatmradar.com/
So the data will be more valid
Title: Re: BITCOIN ATM
Post by: Ghozrd on May 06, 2021, 01:51:07 AM
Many users need Bitcoin ATM to support their activities and also easiness to buy, sell, and also withdraw any BTC or fiat.
We can check how many Bitcoin ATM or its progress of the amount and location by tracking in this site https://coinatmradar.com/
So the data will be more valid

It looks like this data is updated all the time. I have been watching Bitcoin ATM machines for 4 years, but I can't use the machine because there is no Bitcoin ATM machine In my place, If the existence of these machines continued to increase, then it will directly attract users to use Bitcoin instead of fiat, this is better than having to bring fiat to pay for goods or necessities that we buy
Title: Re: BITCOIN ATM
Post by: Freemind on May 06, 2021, 10:51:06 AM
It looks like this data is updated all the time. I have been watching Bitcoin ATM machines for 4 years, but I can't use the machine because there is no Bitcoin ATM machine In my place, If the existence of these machines continued to increase, then it will directly attract users to use Bitcoin instead of fiat, this is better than having to bring fiat to pay for goods or necessities that we buy

The interest and use of cryptocurrencies will continue to grow, I think that is undoubted. In my country every day there are more ATMs and more stores specialized in cryptocurrencies, and there are always people asking, buying and selling. These stores, in addition to having ATMs, have merchandising and can also be bought and sold between individuals, which is why they attract many users.
Title: Re: BITCOIN ATM
Post by: Muneeb22 on May 06, 2021, 12:18:32 PM
Bitcoin ATM still not installed in all over the world becasue in so many countries still the crypto market is illegal and that is the main reason that it is not installed but soon in all over the world the Bitcoin ATM is installed because soon this is going to be legal in all over the world.
Title: Re: BITCOIN ATM
Post by: bitbit97 on May 06, 2021, 12:25:05 PM
Many users need Bitcoin ATM to support their activities and also easiness to buy, sell, and also withdraw any BTC or fiat.
We can check how many Bitcoin ATM or its progress of the amount and location by tracking in this site https://coinatmradar.com/
So the data will be more valid

Coinatmradar data is very controversal. It shows that there are several ATMs in my town. I've checked them, one was just a store, that once said they would accept bitcoin as a payment. The other ATM turned to be an office with exchange. They did not ask for KYC, yet there were lots of cameras around.
Title: Re: BITCOIN ATM
Post by: IyemRoker on May 13, 2021, 06:09:28 PM
It all started from 2009.
Indeed it all started with Bitcoin.
It all started with Satoshi Nakamoto.


Cryptocurrency payments that have occurred to date are a result of the creation of Bitcoin by Satoshi Nakamoto in 2009.
I already felt this way when I received FIAT from Binance using the P2P payment feature which of course all started with Bitcoin.
Title: Re: BITCOIN ATM
Post by: lepbagong on May 14, 2021, 11:26:55 AM
Bitcoin ATM still not installed in all over the world becasue in so many countries still the crypto market is illegal and that is the main reason that it is not installed but soon in all over the world the Bitcoin ATM is installed because soon this is going to be legal in all over the world.
several countries have made ATMs, but it is true that you say because there are still many countries that have not accepted the existence of crypto as a legal medium of exchange, even though many countries have recognized it. so if you see clearly the benefits cannot cover more. Of course you also need to think about, the cost of installing an ATM machine is comparable to what is obtained from transactions at the ATM machine.

maybe it still needs more time to be fully established, because making ATM networks is clearly not easy and there are costs to the ATM maker. no one wants to lose money by making but not maximally used. let it run as it has been, it's good.
Title: Re: BITCOIN ATM
Post by: Freemind on May 14, 2021, 11:50:13 AM
It all depends on the demand, the laws and the acceptance of each country. In my country there are 110 Bitcoin ATMs at the moment (according to data from March 2021) and I am sure that at least 20 more (I know some of the people in charge of installing them) ATMs will be installed before the end of the year. On the other hand, the laws still have many legal loopholes and it is difficult and slow to operate with typical transfers, which is why more and more ATMs are being installed.
Title: Re: BITCOIN ATM
Post by: Senin on July 12, 2021, 06:17:08 PM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.
The increase in the number of ATMs around the world cannot significantly change anything in terms of accepting bitcoins as a means of payment. It just makes it easier to access bitcoins now and no more. And practice shows that people are buying bitcoin not to buy goods and services for it, but with a more prosaic purpose - in the hope of making a big profit due to the growth of its price in the future.
Therefore, if this does not come true at some stage, then the cryptocurrency market will face a very big shock.
I don’t think the bitcoin price will generally rise even for the next ten years. The situation on the cryptocurrency market will change much earlier and not in favor of bitcoin.
Title: Re: BITCOIN ATM
Post by: Phython on July 13, 2021, 07:23:12 AM
Bitcoin ATM machines have been installed in some countries. We have heard the names of many countries. Bitcoin ATM card has been introduced in all the countries. We all know that our neighboring country set up Bitcoin Bank in India but now India is trying to make Bitcoin illegal. Because after the legalization of Bitcoin, the condition of Bangladesh Bank has become very bad.
Title: Re: BITCOIN ATM
Post by: P2P on July 13, 2021, 08:33:14 AM
I have no idea about this. I have no idea which countries Bitcoin Bank has set up. But as far as I know, bitcoin is not legalized in Bangladesh.
Title: Re: BITCOIN ATM
Post by: Suma Islam on July 13, 2021, 09:37:57 AM

Bitcoin in Bangladesh is illegal so no bitcoin bank has been set up in Bangladesh. But our neighboring country India has recently set up a bitcoin bank. Despite being the most populous country in the world, all countries give more priority to India in terms of trade. So India and Bitcoin have set up. But after getting a job in this bitcoin bank, Krishi Bank of India is enjoying it very much, so the Indian government wants to earn bitcoin.
Title: Re: BITCOIN ATM
Post by: mlawson71 on September 22, 2021, 05:00:29 PM
Does India also have Bitcoin ATMs too? Are they legal?
Title: Re: BITCOIN ATM
Post by: Cryptoz on September 22, 2021, 11:52:56 PM
I have no idea about this. I have no idea which countries Bitcoin Bank has set up. But as far as I know, bitcoin is not legalized in Bangladesh.
AFAIK, Bitcoin and crypto are still not legal in that country. But so far, many people from that country have also come to crypto and also enter the crypto world. Many of them join the airdrop programs, bounty, traders, and also investors.

And about bitcoin ATM itself, we can check the existence in which countries or areas they are from this website:
https://coinatmradar.com/
Title: Re: BITCOIN ATM
Post by: mlawson71 on September 25, 2021, 04:50:33 PM
I have never seen a crypto ATM in real life. Up until a few days ago I was not even aware they existed. I wonder if El Salvador will install any...
Title: Re: BITCOIN ATM
Post by: Master107 on September 26, 2021, 05:42:55 PM
I have never seen a crypto ATM in real life. Up until a few days ago I was not even aware they existed. I wonder if El Salvador will install any...

Bitcoin ATM already exist particularly in early crypto adapters though we may encounter BTC ATM in some countries which not really a legal either illegal. It just happen better say in neutral side. While in El Salvador is different case. Basically if they made BTC a legal tender then they would do/create ways to embrace faster BTC at any cost before they'd announced the adoption.
Title: Re: BITCOIN ATM
Post by: Beattysuhita on October 13, 2021, 07:06:06 PM
I have never seen a crypto ATM in real life. Up until a few days ago I was not even aware they existed. I wonder if El Salvador will install any...
Same, in my country even Cryptocurrency has not been officially accepted so there is no Bitcoin ATM here, I've seen it on the internet, and the Bitcoin ATM is in my neighboring country. Actually, if a Bitcoin ATM already exists, then this will greatly facilitate us to do shopping with Bitcoin. Or we can withdraw money from the Bitcoin balance that we have very easily and quickly.
Title: Re: BITCOIN ATM
Post by: Nostoman on October 14, 2021, 06:18:28 AM
The use of blockchain technology in developed countries has largely increased over the past few years. Bitcoin transactions have started in various middle income countries. In some countries, transactions are being done through ATM cards. I think we will soon be transacting through ATM cards in our country. However, every traditional bank should look at Bitcoin ATM cards. So every country should work for bitcoin ATM worldwide transactions.
Title: Re: BITCOIN ATM
Post by: Google+ on October 14, 2021, 06:25:54 AM
some countries have started to provide Bitcoin ATM but you should know that only a few countries have Bitcoin ATM, because of unclear legality and not many have legalized bitcoins, few have Bitcoin ATM.
Title: Re: BITCOIN ATM
Post by: XM8 on October 16, 2021, 05:50:04 PM
I have already read many types of news in cryptocurrency. However, this news seemed very interesting to me. When Bitcoin was approved in India a few days ago, the Indian government set up a Bitcoin bank only for Bitcoin transactions. Which I think is a very positive news for Bitcoin. But lately I hear that bitcoin transactions are going to be done in different countries or through ATMs.  Hopefully in the future we will get more good news.
Title: Re: BITCOIN ATM
Post by: Sumi on October 19, 2021, 04:57:57 PM
I was so amazed before when I heard about this but as time passing by and crypto currencies becoming strongly essential to some countries I can say that bitcoin atm is nothing but simply useless in the future. Because through our smartphone device we can simply make a transaction whenever and whatever we want
Title: Re: BITCOIN ATM
Post by: UNIVERSE on October 19, 2021, 11:45:58 PM
Digital ATM has been a long time and it has been used to ease Bitcoin transactions. Especially in certain countries.
The growth of Bitcoin ATM can be checked on the bitcoin ATM radar and we know that there are so many installed ATMs for Bitcoin in this world.
Title: Re: BITCOIN ATM
Post by: Rinat8368834 on October 23, 2021, 01:14:54 PM
The first cryptomat was installed in October 2013 at the Waves coffee shop in downtown Vancouver, Canada. According to Coin ATM Radar, in September 2020, the number of ATMs around the world exceeded 10,000. A year ago there were only 6,000, at the beginning of summer - 8,000. In just a year, their number increased by 67%. And although this is like a drop in the ocean compared to more than 3.5 million conventional ATMs, the trend itself is important.
Title: Re: BITCOIN ATM
Post by: dekafee79 on October 23, 2021, 07:28:08 PM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.

If it happened, I think It will good for bitcoin and others.
ATM for bitcoin..
But We all see bitcoin price is volatile.
Maybe will be more stable at the coming future.
Let's see, Hopefully we will see the digital era.
Title: Re: BITCOIN ATM
Post by: kirshna01 on October 23, 2021, 07:32:47 PM
As the trend of cryptocurrency is increasing, bitcoin ATMs are also being installed rapidly in the whole world. The country of El Salvador has made bitcoin a legal tender and is also setting up bitcoin ATMs.
Title: Re: BITCOIN ATM
Post by: Blaze on October 23, 2021, 08:06:06 PM
when talking about bitcoin ATMs, I think there are many bitcoin ATMs in circulation and bitcoin can be used to buy anything you want as long as the seller accepts payments using bitcoin, please note that bitcoin still has many pros and cons in a country that prohibits the use of bitcoin, hopefully more and more are legalizing the use of bitcoin and can increase the procurement of Bitcoin ATMs.
Title: Re: BITCOIN ATM
Post by: alltalk on October 23, 2021, 11:50:18 PM
some countries have started to provide Bitcoin ATM but you should know that only a few countries have Bitcoin ATM, because of unclear legality and not many have legalized bitcoins, few have Bitcoin ATM.
I don't think it is about unclear legality. If you cannot see many Bitcoin ATMs in most countries in the world, it may be not very needed there. We know that most people prefer to trade or to transfer Bitcoin (doing transactions) through crypto exchanges. In this matter, Bitcoin ATMs are just an alternative way to transfer Bitcoin. People aren't interested to use it because it also requires more expensive transaction fees.

Title: Re: BITCOIN ATM
Post by: Sadin on October 25, 2021, 05:40:06 PM
I have no idea about Bitcoin ATM. If I have any kind of bad opinion, I will look at it with forgiveness. No bitcoin bank has been set up in Bangladesh. But our neighbor India has set up a bitcoin bank. It is not unknown to us.
Title: Re: BITCOIN ATM
Post by: Bad leyar on October 26, 2021, 05:58:16 AM
Cryptocurrency has been approved in almost all countries of the world and is being used in one of the largest countries. Bitcoin ATM have been introduced in many large countries in particular. This bitcoin is reflected in almost every country in the world. In the future, cryptocurrency will reign all over the world. And Bitcoin approval Bitcoin ATMs will be created in all countries.
Title: Re: BITCOIN ATM
Post by: TopT3ns on October 26, 2021, 08:22:03 AM
I think there are many bitcoin ATMs available in several countries, it's just that there are very few payments using cryptocurrency or bitcoin because many still use local money or use fiat, hopefully in the future more people will know bitcoin so all payments can use bitcoins.
Title: Re: BITCOIN ATM
Post by: Criminal on October 26, 2021, 10:17:08 AM
Demonstration ATMs are currently being built in several large countries around the world. There is only to trade through Bitcoin. I think this news is really a very positive news. I think the whole world will soon. I think the popularity of Bitcoin will increase day by day.
Title: Re: BITCOIN ATM
Post by: Freemind on October 26, 2021, 11:46:33 AM
In my city there are 16 Bitcoin ATMs and 140 throughout the country, and I can assure you that people use them a lot. The reason why there are no Bitcoin ATMs in all cities and countries in the world is very clear, it depends on the legislation of each country and if the governments of those countries allow their citizens to use crypto. In several European countries (including mine) there are also stores where you can buy and sell cryptocurrencies through an ATM or with the owners of those stores.
Title: Re: BITCOIN ATM
Post by: nakmantu99 on October 26, 2021, 11:55:18 AM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.

I think I agree with bitcoin ATM, but we must know BItcoin is volatile, I think so difficult to get stable price.
But If bitcoin ATM will be develope , I believe it will have good effect for crypto currency world
Title: Re: BITCOIN ATM
Post by: damsix on October 29, 2021, 03:01:15 PM
It seems that now Bitcoin ATM is not very interested in it because now there are lots of wallet software that are ready with all the links with Bitcoin.
Or maybe this Bitcoin ATM is designed to move Bicoin x Fiat so that we can have paper money that is used in certain countries that do not accept Bitcoin payments.

The solution is maybe this Bitcoin ATM is the best for exchanging cash with Bitcoin digital assets.
Title: Re: BITCOIN ATM
Post by: densus88 on October 30, 2021, 04:38:56 AM
some countries have started to provide Bitcoin ATM but you should know that only a few countries have Bitcoin ATM, because of unclear legality and not many have legalized bitcoins, few have Bitcoin ATM.
I don't think it is about unclear legality. If you cannot see many Bitcoin ATMs in most countries in the world, it may be not very needed there. We know that most people prefer to trade or to transfer Bitcoin (doing transactions) through crypto exchanges. In this matter, Bitcoin ATMs are just an alternative way to transfer Bitcoin. People aren't interested to use it because it also requires more expensive transaction fees.

I agree with you brother, I think we didn't need Bitcoin ATM, It's very expensive.
I personally still prefer used exchange by WD on web or application, not at ATM.
It will need legalization and rule from the government.
Title: Re: BITCOIN ATM
Post by: mlawson71 on November 01, 2021, 04:08:56 PM
Bitcoin ATMs are a reality in a lot of places. Only recently the American retail giant Walmart announced that they will be installing (https://theforexreview.com/2021/10/25/200-walmart-stores-to-offer-btc-atm-machines/) some 200 Bitcoin ATMs in their stores. I was pretty shocked by the move, but I guess BTC is really gaining traction in the US.
Title: Re: BITCOIN ATM
Post by: pelana vreo on November 01, 2021, 05:07:58 PM
It seems that now Bitcoin ATM is not very interested in it because now there are lots of wallet software that are ready with all the links with Bitcoin.
Or maybe this Bitcoin ATM is designed to move Bicoin x Fiat so that we can have paper money that is used in certain countries that do not accept Bitcoin payments.

The solution is maybe this Bitcoin ATM is the best for exchanging cash with Bitcoin digital assets.

That's the function of Bitcoin ATMs, some shops in other countries already accept many payments using Bitcoin with devices such as EDC machines.
Currently P2P transactions will be selected by users to buy goods and make payment transactions, but I don't know how much the transaction fee of each Bitcoin ATM will be, I think it will be the same as Fiat withdrawal fees on crypto exchanges
Title: Re: BITCOIN ATM
Post by: Bobcrypto on November 01, 2021, 06:07:44 PM
The use of bitcoin ATM show an increase on cryptocurrecy adoptions globally. The advance countries has started enjoying bitoin ATM and hopefully there shall be wide spread use in many other countries in near future. This is just the beginning of good things to come on the cryptocurrecy space, and i think more advancement and development is on the way.
Title: Re: BITCOIN ATM
Post by: de_prof on November 02, 2021, 02:25:16 PM
The use of bitcoin ATM show an increase on cryptocurrecy adoptions globally. The advance countries has started enjoying bitoin ATM and hopefully there shall be wide spread use in many other countries in near future. This is just the beginning of good things to come on the cryptocurrecy space, and i think more advancement and development is on the way.

Yes, I think It's good thing . Bitcoin ATM will help investors and trader to buy bitcoin.
But We all know not all countries support and accept bitcoin and crypto currency.
Title: Re: BITCOIN ATM
Post by: Sinta_siska on November 03, 2021, 11:01:59 AM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.

this is very easy if it happens in my country..assets that can be used as payment instruments..this is digital and financial progress..it is not easy to understand bitcoin for ordinary people but if you have provided a machine like this it will be easier if you use it everyday this is a reality the economy is more advanced with bitcoin..hopefully in Indonesia there is a bitcoin atm
Title: Re: BITCOIN ATM
Post by: 36B on November 04, 2021, 08:40:08 AM
In my opinion, Bitcoin ATMs have been widely circulated in several large countries, there are already several Bitcoin ATMs available on the roadside, it's just that the important issue is who wants to accept payments using bitcoin, because until today only a few people accept payments using bitcoin.
Title: Re: BITCOIN ATM
Post by: Bad leyar on November 04, 2021, 04:20:40 PM
Bitcoin mining has come a long way due to which cryptocurrency has gained a lot of popularity. Bitcoin ATMs have been launched in different countries to make it possible to make various transactions with Bitcoin very soon. Due to which Bitcoin has gained the most popularity at present and its ATM machines have been made in big countries of the world.
Title: Re: BITCOIN ATM
Post by: ExtraPoint on November 05, 2021, 06:01:02 AM
If Bitcoin is legal in any country then this coin can be bought through Bitcoin ATM machine. Since Bitcoin is not legal in our country, we may not have Bitcoin ATM machine in Bangladesh.Bitcoin ATM machine is a very effective method for big investors.They will be able to take their payments very easily through this machine.With the addition of Bitcoin ATM machines to the cryptocurrency, the cryptocurrency will move much further.
Title: Re: BITCOIN ATM
Post by: Believer on November 05, 2021, 03:59:20 PM
Bitcoin ATM Bank has developed a system that allows you to invest in Bitcoin through ATMs in the easiest way. Due to the approval of this Bitcoin Bank in different countries in the big countries of the world Bitcoin ATM has been launched. There are many advantages to cryptocurrency in that Bitcoin can now be created by ATMs. Bitcoin is expected to be used in many other areas in the future.
Title: Re: BITCOIN ATM
Post by: DAMKAR on November 05, 2021, 05:35:11 PM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.

I think bitcoin ATM is good thing, At several countries have bitcoin ATM, I also heard several member here used bitcoin ATM and safe.
Maybe at the coming years we will see bitcoin ATM will be there at all countries, So trader and investors can used this for their transaction to buy and sell bitcoin.
But I personally still believe in exchange like binance for my transaction, ATM just for my withdraw at local currency.
Title: Re: BITCOIN ATM
Post by: Fenix on November 05, 2021, 06:13:08 PM
I'm not a fan at the moment as I would prefer using DEXs rather than buying BTC physically. You never who is watching you when you go near these crypto ATMs. You can raise the argument that it's the same as withdrawing fiat but I've read articles about people getting attacked because the attackers knew the victim had bitcoins.
This makes sense. Bitcoin is already so expensive that a person who buys bitcoins is perceived as a rich person, and such an open purchase using ATMs can provoke an attack by criminals. And people who buy bitcoins from ATMs quite easily come under the supervision of the relevant tax authorities. So it is better to buy cryptocurrency anonymously, because tax legislation is constantly changing and we cannot know what awaits us in the future.
Title: Re: BITCOIN ATM
Post by: Azharul on November 05, 2021, 06:34:50 PM
We can see that Bitcoin is the best valuable and strong currency in this moment. Because we know that Bitcoin is very high level crypto to behind the others crypto.So i think that gradually it will be a very degitalished in the cryptocurrency world.We also see that it started in the ATMs to protect the criminals attack.
Title: Re: BITCOIN ATM
Post by: yohananaomi on October 12, 2022, 03:40:14 AM

ATM is definitely useful for cutting down and getting faster service, but is it really worth it? the answer is clearly just how the need can indeed be useful.
because everyone is used to exchanging first with their country's currency and then spending, they rarely use ATMs.
maybe it will be useful if we are not in our own country or indeed in another country that provides the ATM.

Title: Re: BITCOIN ATM
Post by: Ghozrd on October 12, 2022, 05:07:31 AM
The last few years I haven't seen much of a renewal of Bitcoin ATMs.
However, from this data https://coinatmradar.com/country/64/bitcoin-atm-el-salvador/ I see Bitcoin ATMs have not received the attention of every developed country, actually using Bitcoin ATMs can simplify the transaction system.
Title: Re: BITCOIN ATM
Post by: EthereumDev_ on October 12, 2022, 03:52:28 PM
With this Bitcoin ATM, it can only be used for countries that have obtained the legality of using cryptocurrency, especially the use of Bitcoin in their country and of course only for countries that have good economic conditions such as Dubai and others, while countries that are still poor cannot enjoy the advantages of Bitcoin ATMs.
Title: Re: BITCOIN ATM
Post by: doc on October 12, 2022, 05:30:16 PM
With this Bitcoin ATM, it can only be used for countries that have obtained the legality of using cryptocurrency, especially the use of Bitcoin in their country and of course only for countries that have good economic conditions such as Dubai and others, while countries that are still poor cannot enjoy the advantages of Bitcoin ATMs.

Yep, bitcoin ATM  needs regulation from the government.
It's good for crypto world , ww can do transaction in ATM, but as we know there are many countries that against bitcoin and altcoins, i think it won't happen at the next few years.Maybe it will be at the coming future.
Title: Re: BITCOIN ATM
Post by: aiviaa485 on October 13, 2022, 07:14:21 AM
There is no need for an ATM for Bitcoin because cryptocurrency transactions are now very simple and fast.
The best example is a transaction using BinancePay which only takes a few seconds to send Bitcoin with BUSD conversion.
And for the transfer of funds from Bitcoin, it's the same, we use BinancePay to transfer funds of 1 Bitcoin, 20,000 BUSD is transferred to Binancepay and after arriving at another Binance account we use it to buy Bitcoin.
Title: Re: BITCOIN ATM
Post by: dodok on October 13, 2022, 04:00:07 PM
if the news is true then this crypto currency in the future will be bright because it can be used as a means of payment, for now not all countries can accept payments via crypto currency, it may be difficult if this crypto can be accepted worldwide.
Title: Re: BITCOIN ATM
Post by: elbans89 on October 13, 2022, 07:45:29 PM
if the news is true then this crypto currency in the future will be bright because it can be used as a means of payment, for now not all countries can accept payments via crypto currency, it may be difficult if this crypto can be accepted worldwide.

That's the fact, I think crypto currency is suitable for payment method.
Hopefully the government will allow crypto in their countries.
I think the govs research and learn about crypto technology, especially block chain.
Bitcoin ATM will be come true, let's see.
Title: Re: BITCOIN ATM
Post by: satpol_PP on October 13, 2022, 09:15:47 PM

ATM is definitely useful for cutting down and getting faster service, but is it really worth it? the answer is clearly just how the need can indeed be useful.
because everyone is used to exchanging first with their country's currency and then spending, they rarely use ATMs.
maybe it will be useful if we are not in our own country or indeed in another country that provides the ATM.

I think many people prefer use online transaction in their android than go to ATM.
It's the reason why ATM is not busy like the past.
Bitcoin ATM is good vision, But I personally enjoy do transaction in my android. It's more easy.
Title: Re: BITCOIN ATM
Post by: Hisbullah on October 16, 2022, 01:56:48 PM
if there is bitcoin ATM, it make people that want to invest in  bitcoin and altcoin easily.
I think It will happen at the coming year when the banks starting to allow bitcoin and altcoin.
By seeing this condition, I think bitcoin price will more expensive
Title: Re: BITCOIN ATM
Post by: bitcoin-shark on October 16, 2022, 06:28:40 PM
yes it is true that more and more bitcoin ATMs are appearing around the world this happens because the companies that offer this type of service have a large profit margin, i.e. the fees offered by these ATMs are often high, then almost all of these are out of the market, devices requires the kyc procedure, there are very few anonymous ones
Title: Re: BITCOIN ATM
Post by: Bobcrypto on October 17, 2022, 10:20:56 AM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.

Yeah, it is a sign of increase adoptions and interest. Bitcoin ATM will enhance adoptions all over the world and think it is another step forward to developments and growth. Bitcoin may dominate fiat usage in the future and may be gradually coming to it's "All Time High" in my opinion.
Title: Re: BITCOIN ATM
Post by: Muneeb22 on October 17, 2022, 01:34:42 PM
Bitcoin ATM is the need to the world and this time peoples will love the crypto market which are the main investors and they wait for the big bull and they again start their money investment in this market but still the market is down and this is the main time for investment and soon the big whales will also start the investment in this market and they make holders will make good money in this market at that time.
Title: Re: BITCOIN ATM
Post by: Gposas on October 17, 2022, 10:30:04 PM
This is really interesting cause it will boost the usage of cryptocurencies in different economic sectors all around the world...
With the Bitcoin ATM we can save more time in terms of transactions as compared to using a smartphone and it will be very helpful in tackling emergency situations.
This is a fascinating development and will be useful in the future.
But in terms of safety and security, I believe using a smartphone to make the transactions yourself will be more secured.
Title: Re: BITCOIN ATM
Post by: elrozaqo on October 20, 2022, 07:38:34 AM
bitcoin ATM ?
sounds good.
But I don't think it will be come true.
Banks against bitcoin and crypto until now.
Title: Re: BITCOIN ATM
Post by: Zezari on October 20, 2022, 09:15:33 AM
You can make banks convert bitcoin when buying in stores and then immediately into dollars, so the bitcoin will spend its coins faster and the price for it will grow. Bitcoin ATMs for what they are needed.
Title: Re: BITCOIN ATM
Post by: gunhell16 on October 21, 2022, 02:14:09 PM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.

It's good that there is an ATM in a country about cryptocurrency. This helps to lift the sentiment of crypto enthusiasts.

Here in the country where I am located, there is an established ATM bitcoin cash, where the content of the ATM is drinking in cans and the rest is food, for which only BCH (bitcoincash) is accepted as payment.
Title: Re: BITCOIN ATM
Post by: therozaq on October 22, 2022, 05:43:30 PM
In recent times we have seen a development in the installation of bitcoin ATMs all around the world. This signifies one thing, which is an increase in the usage of cryptocurrency as a mode of payment in retail ventures.

public adoption and usage of bitcoin/cryptocurrencies as secondary currency, which is in a digital format.

It's good that there is an ATM in a country about cryptocurrency. This helps to lift the sentiment of crypto enthusiasts.

Here in the country where I am located, there is an established ATM bitcoin cash, where the content of the ATM is drinking in cans and the rest is food, for which only BCH (bitcoincash) is accepted as payment.

Yeah, it's good if there is Bitcoin ATM in country.
But I think the government didn't agree with this.
Because we all see there are many issue that against bitcoin and crypto currency.
But maybe we will see it happens at the coming future.
Let's see
Title: Re: BITCOIN ATM
Post by: Madmax789 on November 26, 2022, 10:17:54 PM
I'm new to the form but in the know,I'm not a fan at the moment as I would prefer using DEXs rather than buying BTC physically. You never who is watching you when you go near these crypto ATMs. You can raise the argument that it's the same as withdrawing fiat but I've read articles about people getting attacked because the attackers knew the victim had bitcoins.
Title: Re: BITCOIN ATM
Post by: pacar_tiri on December 13, 2022, 07:54:38 AM
Sounds good , if bitcoin has ATM
But as we know bitcoin has many negative issue from the government and bank.
I think It seems difficult to happen.
Title: Re: BITCOIN ATM
Post by: Osama Sultan on December 13, 2022, 07:28:27 PM
Sounds good , if bitcoin has ATM
But as we know bitcoin has many negative issue from the government and bank.
I think It seems difficult to happen.
Friends Now the governments are coming to accept this interesting High potential field of finance as we hear news about crypto adoption,
And At the end we need to accept crypto because there are high problems in fiat transaction system worldwide .