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Author Topic: BTC ATM globally.  (Read 11013 times)

Offline Istiak

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BTC ATM globally.
« on: January 28, 2020, 03:29:56 PM »
Is it possible to launch the BTC atm machine globally? BTC is the most popular in the crypto world and i think its possible if Major countries allow BTC as a payment system in the local markets.
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BTC ATM globally.
« on: January 28, 2020, 03:29:56 PM »

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Offline Jaguar

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Re: BTC ATM globally.
« Reply #1 on: January 29, 2020, 04:43:19 PM »
Allowing bitcoin as a payment in the local market have negative impact to crypto users and bitcoin holders. The importance and value of bitcoin should be maintain now and tomorrow because it is the most outstanding coin that lead the pulse of cryptocurrency.

Online Zed0X

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Re: BTC ATM globally.
« Reply #2 on: January 29, 2020, 05:29:45 PM »
It is only possible if government authorities in each country will allow it. That is not the case so far, some countries are still firm on their stance against bitcoin while others are still debating. Regardless, there's already a sharp increase in number last year. Check this site to have an idea how many bitcoin ATMs are currently installed per country https://coinatmradar.com/countries/

Offline endlasuresh

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Re: BTC ATM globally.
« Reply #3 on: January 29, 2020, 06:59:25 PM »
Here our Govt won't allow to keep Bitcoin ATM since someone had placed it and the police forced to remove it from the location.  Most Governments are busy to defraud the banks and the customers so they won't allow BTC or any other ATM's.

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Re: BTC ATM globally.
« Reply #4 on: January 30, 2020, 01:59:42 PM »
I don't think they can launch them in jurisdictions where cryptocurrencies are banned.

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Re: BTC ATM globally.
« Reply #5 on: January 30, 2020, 07:41:23 PM »
Maybe. But things like that are very prone to crime. Already many people know bitcoin. It is feared that when people take bitcoin via ATM, there will be some bad people who come. Especially if the country is still LEGAL towards bitcoin. Asks for help to whom when that happens ??
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Re: BTC ATM globally.
« Reply #6 on: January 30, 2020, 09:50:58 PM »
It is possible but we need to ensure the governments to accept it. As not all governments allow the facility of crypto or Bitcoin in their countries, it won't make BTC ATM spreading globally. But I am pretty sure, it is not like a mission impossible. It is possible but not to happen in the near future.

>Check how many countries that already make Bitcoin legal: https://howmuch.net/articles/bitcoin-legality-around-the-world
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Re: BTC ATM globally.
« Reply #6 on: January 30, 2020, 09:50:58 PM »


Offline masudginanjar

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Re: BTC ATM globally.
« Reply #7 on: January 31, 2020, 06:24:00 AM »
Bitcoin ATMs are already widely used but the regulations are very much influenced by various countries, for example because of the un centralized system and the privacy of the sender which makes it difficult to be legal for Bitcoin.
I also think with others that if Bitcoin is used a lot, it's getting better and for the altcoins market as well and of course cryptocurrency will be widely used in various countries as a paper money solution.
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Offline Andruha1993

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Re: BTC ATM globally.
« Reply #8 on: February 01, 2020, 12:05:21 PM »
I also believe that this is possible. And if they do, it will have a very good effect on cryptocurrency in general. Now many countries are already installing Bitcoin ATMs and it makes me very happy.
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Re: BTC ATM globally.
« Reply #9 on: February 02, 2020, 05:11:40 PM »
Maybe. If the country has legalized bitcoin, there may be a bitcoin ATM in a certain place, which is definitely a place that does not cause crime. It's easier to use an ATM than having to trade on an exchange.

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Re: BTC ATM globally.
« Reply #10 on: February 04, 2020, 12:12:13 AM »
Not possible because bitcoin is not a globally acceptable cryptocurrency now. When bitcoin will be global acceptance currency then it will be possible to set up bitcoin ATMs machines. But some development countries Japan, Canada and USA already set up their bitcoin ATMs machines.

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Re: BTC ATM globally.
« Reply #11 on: February 04, 2020, 06:20:43 PM »
High alert is necessary to secure btc atm and customers.
Btc holders are not simple minded to withdraw their bitcoin in any machine without assurance of security.
This is possible but there are more preparation to make btc atm successful all over the world. In addition, bad people can create new ways to do the plans ahead of time.

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Re: BTC ATM globally.
« Reply #12 on: February 10, 2020, 12:48:07 PM »
Not possible to establish bitcoin ATMs globally because bitcoin is not a globally acceptable cryptocurrency. When bitcoin will be global acceptance currency then it will be possible to establish bitcoin ATMs. Japan, Canada, USA and UK top most favourite countries are interested in establishing bitcoin ATMs. But next time bitcoin ATMs number increase globally.
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Re: BTC ATM globally.
« Reply #13 on: February 14, 2020, 09:34:47 AM »
Can still hope as you wish because I am sure BTC ATMs around the world will be needed even if only used by some people.
This can be a motivation for all altcoins including coins like Ethereum or Ripple.

But the obstacle may be the cost of making an ATM machine and the rental tax can make the place expensive because yes everyone knows that the name of the rent is expensive.
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Re: BTC ATM globally.
« Reply #14 on: February 15, 2020, 05:43:06 AM »
It's hard to now develop an ATM for Bitcoin because Bitcoin now still hasn't found a good performance to look at in terms of price.
Maybe when Bitcoin is at a high price for example above 15000 USD, then making an ATM for Bitcoin feels easy and easy.

It's easy to think that if Bitcoin is expensive, it's easy to negotiate and if Bitcoin is cheap, it's hard to negotiate!

 

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