waltthedon
Posts: 1
Joined: Tue Jan 30, 2018 5:36 am

Do people still use Bitcoin ATM's?

Tue Jan 30, 2018 5:57 am

Can somebody tell me if people still go to Bitcoin machines to buy

User avatar
nandibear
Global Moderator
Global Moderator
Posts: 2505
Joined: Sat Jan 30, 2016 7:04 am

Donate BTC of your choice to 1DYss8ztWEgcM93SJtnpfYVt6fp7cwmjBk

Contact: Website Twitter Telegram

Re: Do people still use Bitcoin ATM's?

Sat Feb 03, 2018 1:44 am

Can somebody tell me if people still go to Bitcoin machines to buy
Yes, they do.

Here is a list of Bitcoin, and Bitcoin Cash, ATM manufacturers:

https://coinatmradar.com/manufacturers/

To find an ATM location near you you may search here: https://coinatmradar.com/bitcoin-atm-near-me/

There are many small companies which operate Bitcoin ATMs such as, though not limited to, https://www.blackfrogatm.com/

I don't endorse any particular brand or company.

Use at your own risk.

Moreover, when purchasing Bitcoins at an ATM machines please make sure that the service factors in a sufficient transaction fee.

If the transaction does not include an adequate network transaction fee the transaction is very unlikely to confirm. If it does not confirm within 14 days of being sent then the transaction will drop from the mempool and the funds will be returned to the sender (not you).
Image

BlockTechnology
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 46
Joined: Fri Dec 29, 2017 11:24 am

Re: Do people still use Bitcoin ATM's?

Mon Feb 05, 2018 4:50 pm

I dont use bitcoin machines (

User avatar
mdayonliner
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 18
Joined: Wed Feb 07, 2018 12:28 pm

Donate BTC of your choice to 1ByVYXAVhB8GB9Vx1ezjiAjLT283tXybZX

Contact: Telegram

Re: Do people still use Bitcoin ATM's?

Wed Feb 07, 2018 12:50 pm

Yes I guess. I used it few months ago. It's really easy and we need more and more ATM machines to easy buy of Bitcoin

User avatar
Berkor
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 21
Joined: Tue Dec 19, 2017 12:50 pm

Re: Do people still use Bitcoin ATM's?

Fri Mar 02, 2018 5:52 pm

Of course I personally don't know them. But I think they still buy bitcoin this way. Of course it's easier to just buy them online at the computer or through your smartphone.

User avatar
MintDice
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 187
Joined: Sat Nov 25, 2017 12:00 am
Location: MintDice.com
Contact: Website Facebook Twitter Google+

Re: Do people still use Bitcoin ATM's?

Mon Mar 05, 2018 5:25 am

People definitely still use BTC ATMs, and the number is growing. While they do have higher fees, they can be convenient as well.
[center][url=mintdice.com/?utm_source=BCT&utm_medium=Sig&utm_campaign=MD&utm_term=Full]M I N T D I C E[/url] ◉◉ [url=mintdice.com/game/bit-rocket?utm_source=BCT&utm_medium=Sig&utm_campaign=MD&utm_term=Full]MULTIPLE CURRENCIES. MULTIPLE GAMES. DONE BETTER.[/url] ◉◉ [url=mintdice.com/game/casino/plinko?utm_source=BCT&utm_medium=Sig&utm_campaign=MD&utm_term=Full]M I N T D I C E[/url]
[url=mintdice.com/?utm_source=BCT&utm_medium=Sig&utm_campaign=MD&utm_term=Full]Introducing the world's best fully featured cryptocurrency casino[/url]
▬▬▬▬▬▬▮ [url=facebook.com/MintDiceOnline/]Facebook[/url] [url=instagram.com/mintdice/]Instagram[/url] [url=twitter.com/MintDice]Twitter[/url] [url=bitcointalk.org/index.php?topic=5152050.0]Bitcointalk[/url] ▮▬▬▬▬▬▬[/color

User avatar
lizak
Posts: 3
Joined: Wed Mar 07, 2018 11:39 am

Re: Do people still use Bitcoin ATM's?

Wed Mar 07, 2018 9:36 pm

Of course they do! especially if they want to be anonymous or they want to omit taxes ;)

danvee
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 30
Joined: Thu Mar 08, 2018 12:08 pm

Re: Do people still use Bitcoin ATM's?

Thu Mar 08, 2018 12:09 pm

Yes they do, its just that the fees sometimes can be quite high.

handycash
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 70
Joined: Thu Mar 01, 2018 4:04 pm

Re: Do people still use Bitcoin ATM's?

Thu Mar 08, 2018 2:07 pm

Yes I guess. I used it few months ago. It's really easy and we need more and more ATM machines to easy buy of Bitcoin
I thought bitcoin ATM machines are for withdrawing bitcoin money using a bitcoin card. Can one buy bitcoin from an ATM machine as well? Just curious at your comment

User avatar
nandibear
Global Moderator
Global Moderator
Posts: 2505
Joined: Sat Jan 30, 2016 7:04 am

Donate BTC of your choice to 1DYss8ztWEgcM93SJtnpfYVt6fp7cwmjBk

Contact: Website Twitter Telegram

Re: Do people still use Bitcoin ATM's?

Thu Mar 08, 2018 5:25 pm

Yes I guess. I used it few months ago. It's really easy and we need more and more ATM machines to easy buy of Bitcoin
I thought bitcoin ATM machines are for withdrawing bitcoin money using a bitcoin card. Can one buy bitcoin from an ATM machine as well? Just curious at your comment
Hi, I don't know of any bitcoin atm which takes a 'bitcoin card.' The way it works is:

Sell bitcoin - You send bitcoin to an address provided by the machine and the machine gives you cash.

Buy bitcoin - You insert cash into the machine and then the machine sends bitcoin to any bitcoin address that you tell it to send to.

Some of the bitcoin atm machines only allow you to buy. Others allow both buying and selling.
Image

handycash
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 70
Joined: Thu Mar 01, 2018 4:04 pm

Re: Do people still use Bitcoin ATM's?

Mon Mar 12, 2018 10:02 am

Oh, I understand now. I have not placed any interest in such machines before. I saw this a few months back but I just ignored it. Thank you

User avatar
Baloo
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 194
Joined: Thu Nov 02, 2017 7:47 am

Re: Do people still use Bitcoin ATM's?

Mon Mar 26, 2018 7:58 pm

I also think it's very stupid, because cryptocurrency has been available for online purchase for a long time. You only need a computer or a smartphone. Everything is made for it to be easy.

CryptoGeeks
Posts: 9
Joined: Wed Mar 28, 2018 7:35 pm

Re: Do people still use Bitcoin ATM's?

Wed Mar 28, 2018 8:42 pm

The designers of the bitcoin ATM should do some benchmarking of bank card ATMs, including time and motion studies of human behavior. Then they should use this information to set a time budget for all the steps of the corresponding bitcoin transaction, so that it is significantly faster than the bank card ATM. (If the bitcoin technology makes this impractical then they should be proactive in getting the bitcoin network to run faster.

damntravis
Posts: 5
Joined: Wed Apr 04, 2018 4:50 pm

Re: Do people still use Bitcoin ATM's?

Wed Apr 04, 2018 5:33 pm

Yes, many new ones are created in europe and people use it ;)

AboveandBeyond
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 10
Joined: Mon Mar 26, 2018 12:01 pm

Re: Do people still use Bitcoin ATM's?

Tue Apr 17, 2018 9:14 am

Absolutely.. they're only getting more and more popular I think. In Australia (where I live), there's a company that is planning to roll out a couple of thousand across the country. At the moment there's about 25.. which is not bad for the population size, there's a few in each capital city: https://www.findbitcoinatm.com.au

User avatar
irikan50
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 96
Joined: Mon Apr 23, 2018 6:57 pm

Re: Do people still use Bitcoin ATM's?

Wed May 23, 2018 5:15 pm

I'm find it surprising either. I don't understand why people use them, while they can just buy cryptocurrency from home through their computers or smartphones.

User avatar
Baloo
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 194
Joined: Thu Nov 02, 2017 7:47 am

Re: Do people still use Bitcoin ATM's?

Thu Aug 23, 2018 9:19 pm

Yes, i have heard in many forums that are people are doing it. I hope that such ATMs will open in third world countries, so that everyone can enjoy the piece of pie. Who do you think is the major winner of the cryptocurrency market and investing? Please, do share your answers.

User avatar
nandibear
Global Moderator
Global Moderator
Posts: 2505
Joined: Sat Jan 30, 2016 7:04 am

Donate BTC of your choice to 1DYss8ztWEgcM93SJtnpfYVt6fp7cwmjBk

Contact: Website Twitter Telegram

Re: Do people still use Bitcoin ATM's?

Mon Nov 12, 2018 11:45 pm

Cryptocurrency ATM Growth Spikes Exponentially to 4,000 Machines Worldwide
news.bitcoin.com
by Jamie Redman
November 12th, 2018

Excerpt:

According to global statistics provided by Coinatmradar.com, there are now close to 4,000 cryptocurrency automated teller machines (ATMs). Moreover, there’s been a huge influx of bitcoin cash ATMs over the past year as there are now 1,200 BCH dispensing devices located around the world.

...


Read entire article: news.bitcoin.com/cryptocurrency-atm-growth-spikes-exponentially-4000-machines-worldwide/
Image

squadus
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 67
Joined: Wed Apr 05, 2017 12:01 am

Donate BTC of your choice to 1MJi9bRepfqo11pKhiL55mbf1SbHFQHgYy

Contact: Website Facebook Twitter Google+

Re: Do people still use Bitcoin ATM's?

Tue Nov 13, 2018 4:41 am

There are over 4,000 Bitcoin ATM machines worldwide.

Coin ATM Radar has some great maps on the topic.
[URL=https://www.smartbitcoininvestments.com/bitcoin-documentary-list/]Best Bitcoin Documentaries[/URL]
Exchanges:
[URL=https://www.smartbitcoininvestments.com/paxful-review/]PAXFUL[/URL] ○ [URL=https://www.smartbitcoininvestments.com/cex-io-review/]CEX.IO[/URL] ○ [URL=https://www.smartbitcoininvestments.com/coinbase-review/]COINBASE[/URL] ○ [URL=https://www.smartbitcoininvestments.com/changelly-review/]CHANGELLY[/URL]

RogerThat1
Posts: 8
Joined: Tue Nov 06, 2018 11:42 pm

Re: Do people still use Bitcoin ATM's?

Thu Nov 15, 2018 1:24 am

In my city there was one few month ago but now it's gone

willbh
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 15
Joined: Fri Sep 21, 2018 10:53 am

Re: Do people still use Bitcoin ATM's?

Tue Nov 20, 2018 11:12 am

Yes, I think many people use these ATMs. They are only getting more popular and their number is increasing. It’s a very easy way to buy Bitcoin and remain anonymous.

Return to “Bitcoin Discussion”

Who is online

Users browsing this forum: No registered users and 10 guests