Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: MrSpasybo on October 05, 2020, 10:24:27 PM

Title: What is the value of Bitcoin ATMs?
Post by: MrSpasybo on October 05, 2020, 10:24:27 PM
"Nearly 9,000 Bitcoin ATMs. There are currently 8,947 cryptocurrency ATMs and 211,239 non-ATM locations you can buy or sell cryptocurrencies at across 71 countries, according to cryptocurrency ATM tracking website Coinatmradar."

(https://i0.wp.com/asiatimes.com/wp-content/uploads/2019/03/BitcoinATM-1.jpg?fit=1200%2C720&ssl=1)

Honestly, I've never done any transactions with Bitcoin ATMs, I've only seen them 1-2 times in Vietnam, and we still consider it an interesting object from a Sci-fi movie about the cashless future.
What do you think about the real value of Bitcoin ATMs? Will they participate in the operations of the BTC network as vigorously as exchanges? Are they just a tool to advertise the buildings that place them?

Title: Re: What is the value of Bitcoin ATMs?
Post by: kent47400 on October 06, 2020, 04:22:09 PM
It seems that I also find it difficult to give advice on this matter because I have never seen a Bitcoin ATM because I am the type of person to be at home.

But if we are urgent in financial matters and only have digital cryptocurrency assets, then ATMs are the best choice.
If the OP only sees 1-2 times it means that where you are it is difficult to find and it is also possible that the ATM is rarely used, right?
Title: Re: What is the value of Bitcoin ATMs?
Post by: bigcash2011 on October 06, 2020, 11:35:28 PM
There are no bitcoin atms available even now in my country which is really surprising, the only drawback with bitcoin atms is that they charge high fee, atleast this is what i have heard from people who have used these atms.
Title: Re: What is the value of Bitcoin ATMs?
Post by: Black ID on October 07, 2020, 05:26:01 AM
I think in my country currently there are no Bitcoin ATMs. But even if it is applied, it doesn't seem to be of any benefit. Because bitcoin transactions are very easy with the gadgets we have. So no need for ATMs, it can still run. So it feels very inefficient with these bitcoin ATMs.
Title: Re: What is the value of Bitcoin ATMs?
Post by: Lorix on October 07, 2020, 08:16:58 PM
I think bitcoin transactions will be easier in the future. Because if we can transact with the bank, it will be a bit easier. However, there are no such agencies in all countries where we can transact through mobile. But it will be possible in the future. We will do bitcoin transactions one day through ATM card. I always see this dream. However, it is going to be implemented in a few days. However, this is being noticed in some countries and ATM card transactions have started.
Title: Re: What is the value of Bitcoin ATMs?
Post by: sampoerna on October 07, 2020, 11:37:33 PM
There are only 3 Bitcoin ATMs in my country, it is quite far from my town. So, I never used the Bitcoin ATMs. Yeah, Bitcoin ATMs are likely just a promotion media rather than the tool of transaction. But it is in my country, I don't know in other countries, especially in the US that has many Bitcoins.
Title: Re: What is the value of Bitcoin ATMs?
Post by: Hometown on October 08, 2020, 07:17:03 AM
In my countries most of the peoples don't know what is bitcoin and how does it works. So i definitely going to be astonished to hear bitcoin 🏧.
Title: Re: What is the value of Bitcoin ATMs?
Post by: gourav787 on October 08, 2020, 06:41:53 PM
Still their isn't any Bitcoin or other Crypto currency ATM available in our country ( because recently Crypto is accepted here ), so i haven't too much experience in it . Hopefully bitcoin ATM machines also work same as like normal ATM machine.
Title: Re: What is the value of Bitcoin ATMs?
Post by: Riya143 on October 08, 2020, 06:49:44 PM
At the moment I see that bitcoin transactions are going to be very easy. Bitcoin is being traded through banks on some exchanges. It is very convenient. So this transaction is very easy. However Bitcoin ATM is an amazing event in our country and this event I think will happen in the very near future. I believe we will also withdraw money one day with Bitcoin ATM.
Title: Re: What is the value of Bitcoin ATMs?
Post by: Paglamon on October 08, 2020, 07:38:25 PM
I think Bitcoin, Bitcoin Cash and Ethereum will come up with easier ways for transactions in the coming days. And these simple ways will turn into ATM cards. Any transaction at ATM is much easier. Because I myself use ATM cards for local money in my country. So I think it will be very easy to transact. If this is the case in most countries around the world, users will benefit if the service is launched worldwide.
Title: Re: What is the value of Bitcoin ATMs?
Post by: Prime on October 08, 2020, 10:58:14 PM
It is really needed in some places, it helps people in Bitcoin transaction. But I never used it because I have no Bitcoin ATMs near my home. I think we need more Bitcoin ATMs, but I am not sure to use Bitcoin ATMs with the high fees. We need to lower the fees of the Bitcoin ATMs, so many people can use it.
Title: Re: What is the value of Bitcoin ATMs?
Post by: KunotCoin on October 09, 2020, 08:37:18 AM
I think those Bitcoin ATM's in that picture is an old model because the Cryptocurrency ATM in my country is more good in design just like a robot with curve edges By the way adoption of that kind of ATM's is not easy because still, BTC addresses are complex combinations that everyone should learn first before using it.
Title: Re: What is the value of Bitcoin ATMs?
Post by: Coin63@ on October 09, 2020, 12:23:10 PM
The actual number of bitcoin atms around the world 9k but unfortunately my country has no bitcoin 🏧 atms. Because my country's government don't permit bitcoin as their transaction system via bank.
Title: Re: What is the value of Bitcoin ATMs?
Post by: Jaephoenix on October 09, 2020, 12:48:04 PM
I personally have not eyeballed a bitcoin ATM in my life, just pictures. Doesn't mean they don't exist. I think they have a role to participate in the future of cashless transactions
Title: Re: What is the value of Bitcoin ATMs?
Post by: Tnoy30 on October 10, 2020, 11:03:37 AM
The first level of coins that are in the market. I hope those ATM cards will come in the future. ATM cards will be used in all countries. Currently, Bitcoin, Ethereum and Bitcoin Cash have started using their ATM cards in some countries. In the future all countries of the world will be given this opportunity. However, I believe that these transactions will be done with the currency of any country. It's very close.