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Author Topic: BITCOIN ATM  (Read 6463 times)

Offline Condorlaib

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Re: BITCOIN ATM
« Reply #15 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.

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Re: BITCOIN ATM
« Reply #15 on: May 05, 2021, 06:18:20 PM »

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Offline I-Bit

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Re: BITCOIN ATM
« Reply #16 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.

Offline vegasus

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Re: BITCOIN ATM
« Reply #17 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.

Offline gurunanakji777

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Re: BITCOIN ATM
« Reply #18 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.

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Re: BITCOIN ATM
« Reply #19 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.
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Offline sampoerna

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Re: BITCOIN ATM
« Reply #20 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

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Re: BITCOIN ATM
« Reply #21 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
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Re: BITCOIN ATM
« Reply #21 on: May 06, 2021, 01:51:07 AM »


Offline Freemind

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Re: BITCOIN ATM
« Reply #22 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.
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Offline Muneeb22

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Re: BITCOIN ATM
« Reply #23 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.

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Re: BITCOIN ATM
« Reply #24 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.
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Re: BITCOIN ATM
« Reply #25 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.
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Offline lepbagong

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Re: BITCOIN ATM
« Reply #26 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.
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Offline Freemind

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Re: BITCOIN ATM
« Reply #27 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.
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Offline Senin

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Re: BITCOIN ATM
« Reply #28 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.

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Re: BITCOIN ATM
« Reply #29 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.

 

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