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Author Topic: BITCOIN ATM  (Read 6465 times)

Offline Tessnik

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BITCOIN ATM
« 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.

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BITCOIN ATM
« on: April 29, 2021, 10:35:53 AM »

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Offline Zed0X

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Re: BITCOIN ATM
« Reply #1 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.

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Re: BITCOIN ATM
« Reply #2 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.

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Re: BITCOIN ATM
« Reply #3 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.

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Offline Paglamon

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Re: BITCOIN ATM
« Reply #5 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.

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Re: BITCOIN ATM
« Reply #6 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?

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Re: BITCOIN ATM
« Reply #6 on: April 29, 2021, 09:00:54 PM »


Offline shadowdio

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Re: BITCOIN ATM
« Reply #7 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

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Re: BITCOIN ATM
« Reply #8 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.

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Re: BITCOIN ATM
« Reply #9 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.
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Offline rashedul426

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Re: BITCOIN ATM
« Reply #10 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.

Offline Bolopecah

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Re: BITCOIN ATM
« Reply #11 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.
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Re: BITCOIN ATM
« Reply #12 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.
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Offline Master107

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Re: BITCOIN ATM
« Reply #13 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.

Offline 0t3p0t

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Re: BITCOIN ATM
« Reply #14 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.

 

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