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Reddit Posts

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"Bitcoin available here" sign in German mall.

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Blockchain In Review

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I‘d like to buy BTC in the most anonymous way. What are my options?

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Sending BTC on blockchain.com trouble

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Bitcoin Core Data Migration to Citaldel or other OS?

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Buying BTC in Hong Kong

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The Financial Crisis: This Day—One Year Ago, Sept. 15, 2008

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Buying Food for my Cat

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Global Bitcoin ATM Installations Drop By 11% Heading Into 2024

r/BitcoinSee Post

This is where it ends

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Mass Adoption after Mass Awareness - We are getting closer!!!

r/BitcoinSee Post

Want an example why? I went to an ATM here Venezuela to withdraw around 10 USD, got a pack of 80 banknotes!

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Purchasing bitcoin

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Bitcoin

r/CryptoCurrencySee Post

Why I just went ALL-IN with Litecoin and hodling all the way to the moon. We're about to test a major trendline for the 4th or 5th time. Ratio has double-bottomed and broke a significant trendline today. Content with my bag and don't want to miss out! And for many other reasons below...

r/CryptoCurrencySee Post

Why I just went ALL-IN with Litecoin and hodling all the way to the moon($1000-2000). We're about to test a major trendline for the 4th or 5th time. Ratio has double-bottomed and broke a significant trendline today. Content with my bag and don't want to miss out! And for many other reasons below...

r/BitcoinSee Post

Thoughts on BTC ATMs?

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Coinme robbed/scammed me

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The first BTC ATM I’ve ever seen. Spotted in Fort Worth, TX in a liquor store.

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Bitcoin ATM. Alicante

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Christmas in the slopes ⛷️

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Bitcoin unusable ATM

r/CryptoCurrencySee Post

I am really tired of fiat

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BTC ATM

r/CryptoCurrencySee Post

The entire banking system runs on an old programming language few - and increasingly fewer - people are competent in. There could be a disaster. Crypto doesn't really have this problem.

r/BitcoinSee Post

Can anyone tell me who owns this address, if possible?

r/BitcoinSee Post

Bitcoin ATM

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⚠️PSA⚠️ Scams involving Bitcoin ATMs

r/CryptoCurrencySee Post

Just halved my ETH holdings and took some profits to DCA into BTC. Is this a safer bet considering my situation?

r/CryptoMoonShotsSee Post

Gigantix Wallet - The New Era OF Secured Cold Wallet

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My first time buying bitcoin

r/BitcoinSee Post

Seeking Info on Non-KYC Crypto ATMs in Canada – Any Insights or Recommendations?

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Bitcoin ATM transfer problem

r/CryptoCurrencySee Post

How to buy Bitcoin in the Czech Republic?

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How to buy Bitcoin in the Czech Republic?

r/BitcoinSee Post

At an El Salvador Bitcoin ATM. I just sent myself $400 in BTC and it's still not in my wallet.

r/BitcoinSee Post

Bitcoin ATM

r/BitcoinSee Post

If someone... "induces" you to choose between your keys our your thumbs, do they have a legitimate claim to your bitcoin?

r/BitcoinSee Post

A bitcoin ATM at nearby gas station has a phone number that is inavlid

r/CryptoMarketsSee Post

Hackers Claim to Have Hit Bankrupt Bitcoin ATM Company Coin Cloud

r/CryptoCurrenciesSee Post

Hackers claim to have stolen user data from defunct crypto ATM firm Coin Cloud

r/BitcoinSee Post

Some powers that be removed the Bitcoin ATM at the mall 😡

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El Salvador Bitcoin ATM network to receive Lightning Network upgrade

r/CryptoMarketsSee Post

El Salvador’s Bitcoin ATM Network Set to Embrace Lightning Network Upgrade

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BTC ATM spotted at a hostel in Playa del Carmen, Mexico 💛😃

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How to send my bought BTC I have received from an ATM ?

r/CryptoCurrencySee Post

OLLIV at AUS Crypto Con 2023 - Stand a Chance to Win Double Passes to the 2 Days Event!

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Non-KYC ways to buy bitcoin?

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🚀 Experience the Future of Bitcoin Transactions with CDReload by Crypto Dispensers! 🚀

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California To Cap Bitcoin ATM Withdrawals At $1K To Fight Scams

r/CryptoCurrenciesSee Post

California bill aims to cap crypto ATM withdrawals at $1K per day to combat scams — A new legislative investigation found some crypto ATMs charging a premium as high as 33%, while a few ATMs had limits of up to $50,000.

r/CryptoCurrencySee Post

California bill aims to cap crypto ATM withdrawals at $1,000 per day to combat scams and Drastic Fee Reductions

r/BitcoinSee Post

Bitcoin ATM spotted

r/CryptoMarketsSee Post

Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021

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How convenient is it to buy and send Bitcoin using a Bitcoin ATM?

r/CryptoCurrencySee Post

Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021

r/CryptoCurrencySee Post

Latin America: A hotbed for crypto adoption (or maybe not)

r/BitcoinSee Post

No coins from Bitcoin ATM, Why?

r/BitcoinSee Post

how can i buy bitcoin with cash?

r/CryptoCurrencySee Post

Ontario Resident Loses $50,000 in Crypto ATM Scam

r/CryptoCurrencySee Post

Brandon Mintz of Bitcoin Depot on the Many Changes to the ATM Industry | Live Bitcoin News

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how do you engage with crypto as a currency?

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Casino heist used bitcoin ATM in elaborate $1M scheme

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Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

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DIY BTC ATM

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Bitcoin ATM as an exchange

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Ideas - selling BTC atm

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I do wanna learn!

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Income in all crypto pros/cons

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CELEBRITY PUMP AND DUMPS: Celebs who have been associated with Crypto projects that have rug pulled the community

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Impossible to Buy Crypto with Nestpend?! FUUUC!!!

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Impossible to buy Crypto with Netspend!!! FUUUUUUUUUC!!!!

r/CryptoCurrencySee Post

What are BTC ATMs and how to use them

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Having problems finding my bitcoin balance after switching wallets

r/CryptoCurrencySee Post

How Can Blockchain Technology Revolutionize ATM Security?

r/BitcoinSee Post

A regular ATM that also allows people to purchase bitcoin

r/CryptoCurrencySee Post

El Salvador's $1 Billion Bitcoin Experiment: A Failed Odyssey Comes to an End

r/BitcoinSee Post

Bitcoin Depot is floating on the boundaries of illegality or Shark rates. on 10,000 ATM transfer they charged me 23.4238% Charge was hidden. ATM did not provide any warnings any objections any information. When called BD I have learned that working margin is up to 28%.

r/CryptoCurrencySee Post

Best way to withdraw crypto to cash in Canada

r/CryptoCurrencySee Post

Service Station Staff Saves Grandpa From Scammers After Seen Stuffing Cash Into A BTC ATM.

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Desktop Bitcoin ATM

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Every alt is in a downtrend against Bitcoin; Change my mind

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KC Fed tracks healthy growth of crypto ATM industry despite predatory operators

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Can you help me find the loophole here?

r/CryptoCurrencySee Post

Allpoint ATM allows bitcoin puchase!

r/CryptoCurrencySee Post

What should the government of El Salvador do to revive the population's trust in the Crypto as legal tender project? (Recommendations)

r/CryptoCurrencySee Post

What should the government of El Salvador do to revive the population's trust in the BTC as legal tender project? (Recommendations)

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Orange circles amid yellow stars - Bitcoin ATM near Saigon airport

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We All Want Free Money - Here Are the Airdrops I'm Positioning Myself For ATM

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El Salvador BTC as legal tender: Current situation from, from a foreigner perspective (on the ground)

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Bitcoin Fun Facts

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Cheapest US Exchange at the moment

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Is it advisable to buy a used Bitcoin ATM?

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New Bitcoin ATM sighting in my area.

r/CryptoCurrencySee Post

Anonymous Bitcoin ATMs: Shitcoins.club offers free withdrawals

r/CryptoCurrencySee Post

What is the situation of Bitcoin as a legal tender in El Salvador? (From a Salvadoran)

r/CryptoCurrencySee Post

Remember 2013? Bitcoin started at $13.50 in January, then ended at ~$1,000 in November

r/CryptoCurrencySee Post

Remember 2013? Bitcoin started at $13.50 in January, then ended at ~$1,000 in November

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Help with Just Cash ATM

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in Rome, Italy, a group of criminals stole a Bitcoin ATM

Mentions

Try a Bitcoin ATM if there's one nearby - those definitely take cash but the fees are pretty rough, like 10-20%. Also yeah Walmart has those CoinMe kiosks in some locations, just check their site to see if yours has one For chain stores I've heard some people mention certain gas stations but honestly your best bet might be finding someone local through like Facebook groups or something if you want better rates than the ATMs

Mentions:#ATM

tldr; California has initiated the Digital Financial Assets Law (DFAL) to regulate crypto firms statewide, requiring them to obtain a license by July 1, 2026. DFAL mandates strict rules on reserves, disclosures, fraud prevention, and cybersecurity. It also imposes consumer protection measures, including limits on crypto ATM transactions and stablecoin regulations. The law aims to ensure transparency and safety in the growing crypto market, potentially influencing national standards due to California's economic significance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#ATM#DYOR

The system falls, ATM's are uselss, your visa card and cash apps are useless, your phone is useless, your computer is useless. you're talking apocalypse. If there is even paper cash left by then and you happen to have a little bit, or even some gold stashed, how do you stop people from taking it when you go out side with it? what you going to do? call the cops? you cant by that stage, the only thing that matters in survival skills

Mentions:#ATM

If there's a systems collapse, your ATM card would be fucked, too.

Mentions:#ATM

I think we are in the early stages of the shift… jobs might be lost, but new ones will be created. Roles will changed just like when the ATM shifted the role of a bank teller. Just like this AI job adjustment, the shift from fiat to blockchain will be scary for most.

Mentions:#ATM

Can I interest you in an ATM meetup?

Mentions:#ATM

If it goes down 90%, I’m sure Saylor will create more ATM offerings to purchase a lot more bitcoin. What an opportunity that would be! Signed, A cynical, badly hit investor who bought into Saylor’s ponzi scheme

Mentions:#ATM

He can just ATM now and pay off the debt so he doesnt have to worry about it

Mentions:#ATM

Dutch person here, it isn't that simple. First of all, Bitcoin needs to actually make profit. Which ATM it doesn't. Then the parliament did say they approved this law for 2028 as a stopgap because there is no better plan. This means they will try to find something else. The Senate (eerste kamer) didn't approve it yet, but probably will. The moment it will (questionable!) go into effect, a lot of lawsuits will start to happen immediately. Furthermore this is still one of the best countries in the world to be in, and it is a tax, it isn't all your money or anything. Some people are saying it will never come this far, but if it will there might be legal ways to circumvent it, like starting a small 'investment' company. And yes, if all else fails, moving could be an option, but it isn't the only one, and it isn't 2028 yet.

Mentions:#ATM

As with all things in America, it's devolved into partisan politics. Old money is the banking system represented by Dems. New money is crypto supported by GOP. And yes the key sticking point ATM is banks don't want to lose their monopoly on deposits, their entire fraudulent system will collapse when stables pays more interest.

Mentions:#GOP#ATM

>*lose Fat fingers, sorry. >It seems the same to me. I get that it's not possible to provide a backup for a device like that. On the other hand I would hesitate to store bitcoin like that without the possibility of a backup. I hear you, mate. The device isn't made for long term storage. It's like a $100 bill. You take it out of your home safe or a bank ATM (load opendime up), you give it to someone else. Should you burn/lose the bill, the money's gone because there's no backup. The same goes for the device.

Mentions:#ATM

Right now he uses MSTR shares as his personal ATM. The only reason they have a cash reserve right now is because Saylor finally realized he needed 1. He sold shares about a month or so ago to get about 2B. That holds them over around 18 months give or take. I imagine he will sell more shares soon to add to it once he pays out some of his reserves and keeps the cycle going until people stop buying MSTR. 

Mentions:#MSTR#ATM

Ten years ago this was interesting, now it's just yawn, especially when it's just one of ten thousand other Bitcoin ATM with a 20%+spread.

Mentions:#ATM

After all the years of watching YouTube videos about people being directed by scammers to go to Bitcoin ATM machines, I just realized that this is the first time I’ve actually seen a legitimate Bitcoin transaction.

Mentions:#ATM

Hope to see ATM in my city

Mentions:#ATM

I hope they said fuck it, smash bought $60K with their $2B cash reserves and just use ATM with recovered mNAV to rebuild cash reserve lol

Mentions:#ATM

At some point personal anecdotes need to convert into statistics and reality. I am yet to see a Bitcoin ATM in person.

Mentions:#ATM

Years ago, I recall seeing novel ATM’s that used Bitcoin, but when is the last time you heard about or witnessed anyone, in every day common usage (at a supermarket or convenience store, etc.), using Bitcoin to buy a good or service? I would be interested to hear that you can provide any such recent examples. I believe Bitcoin, or cryptocurrencies in general, are interesting from a decentralized currency point of view (in the US, this is a departure from a private banking cartel, the Federal Reserve), such a digital currency provides promising anonymity & security for transactions (a good feature) and potentially freedom from political or government interference/manipulation. However, with such a limited supply, and massive speculative ‘investment’ in Bitcoin (FOMO) this creates a ‘crypto-bubble’ where speculation drives the BTC-USD rate, and any use as a practical & useful currency is negated.

Mentions:#ATM#BTC

How much are you buying ATM?

Mentions:#ATM

Didn't panick but I'm struggling harder than I ever been , more than 7k in crypto and I'm fucked right now not working I am trying so fucking hard not to sell ATM it's making me super depressed. Fuck I wish I could have just bought gold instead tbh

Mentions:#ATM

There is always a chance for everything but this thing will make new ATM in few months or few years. Buy more, close your app and wait.

Mentions:#ATM

You could use a crypto ATM to withdraw cash, though the fees can be kinda high. Do you know if there are any Bitcoin meetups or local crypto communities where you're headed?

Mentions:#ATM

Almost a 50% haircut since ATM high right ?

Mentions:#ATM

Market's shit ATM, hold and save the politics and fear mongering will pass, history repeating itself...

Mentions:#ATM

Your first point is bad. China tried to do that. Multiple times. They failed and gave up. You literally can just move your bitcoins to another place or country that doesn't have the regulations and you're good. Thet couldn't shut it down. They couldn't control it. Second point is of people having their private keys stolen. Not bitcoin being hacked 😂. That's like saying money doesn't work because I can steal your wallet. Third point agrees with me. Fourth point is a bold faced lie. You can't put a hundred thousand dollars cash or a hundred thousand dollars worth of gold in your suitcase and go fly without having that seized by the TSA and getting grilled by government agents until you can prove that you legally procured said funds and EVEN then thet might tell you to fuck off. You can have a debit card and a bank could freeze your account a government can freeze your account an ATM can deny your card in another country, your bank might place a hold on you while you are traveling. Your money is not yours. You don't have ANY those problems with bitcoin The fact that there are only going to ever be 21 million is wildly important to a coin that a ton of people in the world accepts in various places. It means it is finite and scare unlike dollars and euros that are printed to infinity out of thin air with no limit. It's why Bitcoin has constantly outperformed the dollar and over the long term has always got more valuable and why the dollar has always gotten weaker over time and worth less. It's a no brainer...you don't see it because you're a dummy lol

Mentions:#TSA#ATM

I’ve never used a Bitcoin ATM

Mentions:#ATM

Look into BISQ, Robosats, HodlHodl, PeachBitcoin and Vexl. Much better than ATM, no ID necessary.

Mentions:#ATM

tldr; Arizona Attorney General Kris Mayes has issued a warning about a surge in cryptocurrency ATM scams, with residents losing over $177 million in 2024. Scammers exploit the growing number of crypto ATMs, often targeting seniors through fake calls or messages, instructing them to deposit cash into these machines. Arizona has introduced laws to cap ATM transfers and improve fund recovery if scams are reported quickly. The FBI reported a 99% increase in crypto ATM fraud complaints, highlighting the need for vigilance against such schemes. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#ATM#DYOR

I keep a few hundred bucks around for emergency when traveling. Never know when an ATM will eat my debit card. Any other expat under 30 will likely take a few hundred dollars worth of my buttcoins and save my ass until I can fix myself. Twice I needed it thus far. It's far better than asking for a loan. I'll pay you back means a lot more when I give up collateral. Both times the price moved up enough the other guy just kept it instead. Both are massively ahead. I'm out maybe 3-4x in gains but that's irrelevant when the alternative was worse. It's good worldwide self travel insurance.

Mentions:#ATM

The cash they have isn't to buy BTC at all. They do fresh ATM's every week to fund their BTC purchases. They already did a big raise last December to keep a couple year's worth of cash for STRC and other products they have There is nothing forcing them to sell within a remotely short time frame, even if BTC price gets halved. The next shot would be a year+ from now when their convertibles are due and I can guarantee they'll either refi or shit out more MSTR before he sells a single BTC. The dude is batshit crazy The risk from Saylor isn't to BTC it's to his "shareholders"

Spot on. Crypto is still just a giant ATM for macro funds when their tech bags start bleeding. If you aren't watching the Nasdaq right now, you're trading blind.

Mentions:#ATM

A government can freeze your account...the bank can place a hold on a debit card...an ATM can deny you a withdrawal in a different country. You are only using your brain on a surface level lmao

Mentions:#ATM

This is the way it goes over the years. Up, down, sideways, boring, fun, but it is resilient beyond my expectations. They have BTC ATM’s now. BTC debit cards. BTC ETFs backed by the largest holders. I don’t think you should panic sell. It’s standard business in this digital game. But I’m way more bullish than most while my I’m over here getting cooked just like everyone else lol.

Mentions:#BTC#ATM

really how is that ATM or how ? and do you know what comiision they charge

Mentions:#ATM

I have been using their virtual card and just ordered delivery for a physical card (for $5 USDT) and expect it to arrive within 30 days. My country also doesn't allow for the card to be linked with Apple Pay but I'm going to use it as an alternative payment source outside of my country's physical/virtual banks and to hedge between the fluctuations of the currencies between my country's fiat and USDT. ATM withdrawals seem to have acceptable fees and conversion rates so that's also a benefit I'm looking to use.

Mentions:#USDT#ATM

Ready (www.ready.co) would be a good fit. No Fx fees, 3% cashback on their Metal offer, up to 800$/month free ATM withdrawal.

Mentions:#ATM

It’s happening in the US as well. Google it, there are some really unfair and unreal new rules dealing with financials and banks on the table now. I thought it might be fake news and then my cousin, a retired DDS in his 70s got a notice from his bank that his ATM daily limits are now $200 max. It hurts my brain to even think about this crap.. again, unreal!!

Mentions:#ATM

ATM:ed almost exclusively MSTR shares, that fukkin lunatic

Mentions:#ATM#MSTR

Nothing like leaving the ATM after 2hours and it’s only 4 confirms in… 😝

Mentions:#ATM

Take your cash to a Bitcoin ATM machine and do that

Mentions:#ATM
r/BitcoinSee Comment

Don’t route money through friends/apps to “get around” it that’s how people get accounts frozen or scammed. The legit options are boring on purpose: **ACH**, a new account with a virtual card, or (last resort) a **crypto ATM** with heavy fees.

Mentions:#ACH#ATM

Yeah I don't see why anyone would buy BMNR shares. If you look at MSTR you can see in the future with where BMNR shares will be.. Those shares are the ATM's for the company to make them worth more, not shareholders lol.

Mentions:#MSTR#ATM
r/BitcoinSee Comment

Ideally, BTC in a self-custody wallet can directly be swapped to the local currency and local currency be withdrawn straight from the ATM. I would like to see that happen because then, I would treat BTC not just as an investment vehicle, but rather the digital currency it truly is.

Mentions:#BTC#ATM
r/BitcoinSee Comment

It was an ATM in Valladolid near the park - there were several ATM machines. I don't remember which building : (

Mentions:#ATM
r/BitcoinSee Comment

That’s actually pretty cool. Stuff like this is where Bitcoin finally feels “real” instead of just charts and Twitter debates. Which ATM/wallet were you using? I’m curious how consistent the experience is.

Mentions:#ATM

Don't try to pivot. I said buying Monero from an exchange is just as anonymous as removing cash from an ATM. You said no, that's not anonymous. Then you said in order to be anonymous I should start by removing cash from an ATM.

Mentions:#ATM

First you say, "the bank knows you have the money, that’s not anonymous". Then you "sigh" and say to start by removing "cash from the ATM". According to you, that's not anonymous.

Mentions:#ATM
r/BitcoinSee Comment

I think a lot of eyes will be on STRC this week. Estimates peg the amount sold at enough to buy 2,500 bitcoin. That's a big purchase without tapping the common stock ATM. Let's see how the actual numbers look on Monday. That just becomes a black hole for money that wants 11% fixed return, sucking up all bitcoin in it's path. Not great for bitcoin, but good for NGU I guess.

Mentions:#STRC#ATM

It's okay. I was just explaining limiting the things I use and my reasoning. I want to trade as little as possible, and not have to pay attention to loads of charts. I do better when I trade less and I sleep better when I can trust my setups and not feel the need to check charts all the time It's slow. I'm in a BTC short position, but it's basically the same price it was last night. My target is somewhere between $92000 and the 50 day moving average. It's looking like it could reverse ATM though. If it's looking bullish in the morning I'll probably close it. I made a tiny amount on Dow Jones though. Wbu?

Mentions:#BTC#ATM

They know I *had* the money, but the trail ends there. That's about as anonymous as anonymity gets. Perhaps if I never had a bank account to begin with and stored cash under my mattress that would be more "anonymous"? But even then, my boss knows how much I'm being paid and could thus determine how much I'm capable of spending... so I'm not really any more anonymous than if I just pull cash out of an ATM. By your definition nothing can be anonymous because it would be impossible to obtain the means to acquire it without violating said anonymity.

Mentions:#ATM

It's still anonymous. When you withdraw cash from an ATM, the bank knows you took the money out, but how you spend it later is anonymous.

Mentions:#ATM
r/BitcoinSee Comment

Since you're talking about "thinking" and lecturing your dad...maybe you should "think" a little more?:) If a bank is providing some useful service (?), they can't do it for free. It costs money to build branches, offer checking, safety deposit boxes, ATM's and all the rest. That's why they pay little to nothing for money in their regular checking and even "savings" accounts. I haven't used or have a bank savings account in 50 years. Currently, if necessary, I could simply not use my local bank at all. I do need access to the banking system and there is a bank associated with my brokerage account but my brokerage account pays (currently) 3..5% money market rates. I have money in my local bank checking account, earning no interest, because it's convenient for my monthly expenses. The account associated with my brokerage account does offer check, debt card and a Visa and pays 3.5% money market rates, so I could eliminate my local bank altogether, without involving stable coins. I do have a good amount of Bitcoin (and stocks, money market, real estate) and likely your dad does too (?). If he has $100k in a bank savings account earning almost nothing then that's not because he doesn't understand stable coins (even if he doesn't understand stable coins). He just isn't financial "aware".

Mentions:#ATM
r/BitcoinSee Comment

Hi the best way to turn physical cash into Bitcoin quickly is using a Bitcoin ATM or a P2P exchange like Noones or Paxful that supports cash-in-person deposits.. ​Once you have the BTC in your own wallet, just scan your client’s address and send it directly though be cautious, as Bitcoin transactions are irreversible..👌🏻

Mentions:#ATM#BTC

This is exactly why trust is the real scarce asset in crypto. It's not just that a rug happened it's that public figures repeatedly treat on-chain markets like a personal ATM. Every incident like this raises the cost of legitimacy for everyone actually building.

Mentions:#ATM

I haven’t touched an ATM in months, so saving 30$ every couple grand spent is an easy call

Mentions:#ATM
r/BitcoinSee Comment

bitcoin ATM’s require KYC now, gov doesn’t want them used for money laundering. some it’s just a phone number but others want your full government id.

Mentions:#ATM
r/BitcoinSee Comment

You could get that from a bitcoin ATM

Mentions:#ATM

The perpetual preferred shares are a genius way to facilitate more BTC purchases and over time will fund more of the new BTC purchases than ATM issuance. That's why I've been buying MSTR heavily over the past two months. I don't believe the broader market knows how to discount this because MSTR and Saylor are the first to do it.

Mentions:#BTC#ATM#MSTR

$COCK on ADA got momentum going ATM

Mentions:#ADA#ATM
r/BitcoinSee Comment

85k€ (99k$) ATM !

Mentions:#ATM

Does that include scammers/bitcoin ATM companies?

Mentions:#ATM

Don't worry, you're going to be okay! Most Bitcoin ATM transfers take between 30 to 60 minutes to appear because they require multiple confirmations on the blockchain. Since you have the receipt, you can track the progress by entering your transaction ID into a blockchain explorer. Just hang tight ,it's normal for it to take a little while for your first time

Mentions:#ATM

BTC is frequently associated with scams, illegal activities, desperation, and degenerate gambling and pump / dump celebrity schemes. For an asset all about security, it is commonly abused: this "ATM" could be one of those scams to skim / steal data.

Mentions:#BTC#ATM

>Did you make a profit operating them? For a while, yes. Being early was the key. There were good profits for the first several years, but eventually the market became saturated and the large operators were deploying new machines at a ridiculous pace. It was like they were solely focused on expanding without doing any research on whether the customer base was also growing and able to sustain it (it wasn't). They were cannabalising their own business as well as suffocating the smaller operators like myself, but I also think this may have been intentional. It's the Amazon model. Operate at a loss until you've driven out all the small players. >Would you recommend someone purchase the Bitcoin ATM machine? Not today. The only way to be profitable with these now is at scale (20+ machines), and maybe not even then. Most people don't realize how much overhead there is. >What was the biggest headache to owning/operating? The biggest headache *BY FAR* was compliance. That fits into what I was saying about overhead, but also time & headache. We are considered money services businesses (MSBs) & the requirements for staying compliant & in favor with daddy government are extensive & expensive. >You say that you owned them in the past so guessing it wasn’t a great business. It was for a while (2016-2020), but the insane regulatory pressure sucked the fun out of it, as well as a saturated market that nuked profits.

Mentions:#ATM#FAR

Ok. I feel it little bro. Now imagine you went to a bitcoin ATM today and it quoted you 101k. Like you know the price is around 91k so you will definitely check real quick

Mentions:#ATM

Interesting. However, prob is worth noting, that as a result of your job and therefore experience, it is titled towards people being scammed, bc why else would you ever interact with anyone that has any form of interaction with a BTC ATM. Also, my comment was more towards money laundering.

Mentions:#BTC#ATM

I asked someone using one if they had used one before and they said, “Yeah it’s just like an ATM”. That was scary 😨.

Mentions:#ATM

Did you make a profit operating them? Would you recommend so one purchase the Bitcoin ATM machine? What was the biggest headache to owning/operating? You say that you owned them in the past so guessing it wasn’t a great business.

Mentions:#ATM

Pretty sure I know people who work for that ATM company. These machines were like 5-10 years too late. We needed them back before 2013 or at the latest 2015. Now, you just buy it from your phone easy peasy. Localbitcoins got pushed out and you don't have to deposit cash to a random stranger's Bank of America account, and he send you mined BTC to your wallet address. Gone are the days of pre-2013.

Mentions:#ATM#BTC

Wait, I can get Bitcoin at that ATM? - CBS News https://www.cbsnews.com/news/wait-i-can-get-bitcoin-at-that-atm/#:~:text=%22We%20do%20have%20some%20set,Coinsource%20charges%20about%208%20percent.

Mentions:#ATM

I wouldn’t be surprised if they were owned and run by the same network of scammers sending old people to them. Make the spread so unattractive that there is little chance that the ATM will be used organically…then the cash hopper will be empty and can accept large amounts of cash

Mentions:#ATM

The convenience and anonymity of using a mall BTC ATM lmaoo some of you will find any way to bend over then lie to yourselves

Mentions:#BTC#ATM

Where does the Bitcoin go? If you're sophisticated enough to have your own wallet to send the Bitcoin... Certainly you wouldn't use one of these right? So if you put in 20 bucks and get your Bitcoin... Where exactly does it go? Does it just put it in some wallet that you can only access through the ATM?

Mentions:#ATM

That company is paying a few hundred bucks per month for the ATM to be there so I'm sure people use it.

Mentions:#ATM

This is how I got my first bitty's at $250 in my city's first ATM. Wild days!

Mentions:#ATM

In 2017 I used one. KYCd me to start. I bought $100 worth of bitcoin. I actually got $70 worth or so. Within a week I was in the green on that purchase but the spread made me never use another btc ATM again.

Mentions:#ATM
r/BitcoinSee Comment

Aren't BTC ATMs for old people? What's the difference in cost between a Bitcoin ATM and a CEX like Coinbase or the CashApp?

Mentions:#BTC#ATM

wear a mask, park up the street from a bitcoin ATM, pay the high fees (10%), use a burner phone or... mine it yourself but use your own node and tor-only

Mentions:#ATM

ATM + burner phone

Mentions:#ATM

Bitcoin ATM.

Mentions:#ATM

That’s just not how this works. As a shareholder you’d do well to better understand the dynamics of what their North Star is, as well as the math behind trading volume vs. ATM.

Mentions:#ATM

just create the wallet, write down the seed safely, send the litecoin from the ATM to that address, then send to the seller when ready. and if later you start moving between chains or want to swap assets directly from your wallet with minimal fuss, tools like rubic make cross‑chain swaps easy without creating an account on a big exchange. but for now, something simple like electrum‑ltc or exodus will keep it cheap and under your control

Mentions:#ATM

>70 USD of litecoin from a bitcoin atm Do they have litecoin?  >just want it to be low fees  don't use an ATM. you'll be charged a lot more or get a lot less for your money.  Buy from an exchange and transfer 

Mentions:#ATM
r/BitcoinSee Comment

Dude that's such a simple question for me. I found out and researched (a bit) about Bitcoin in 2013. That's when it surged and I thought "too late". I kept keeping tracks but it was always "too expensive" for me. Covid comes and it goes from 16k to about 4k. I say, now is my time. Had to navigate through KYC, stupid local bank restrictions and ended up losing about 10 dollars in rejected transactions. I decide to go to a btc ATM and buy it. By then btc was up a bit and with the added cost of the ATM it was about 6k. Old mindset takes over and I say "nahh, 6k is too expensive for me". Ended up buying this year with my DCA now being over 88k. Lesson? Yes . Learned? Time will tell

Mentions:#ATM

ATM + burner phone + acceptance of large transaction fees

Mentions:#ATM

Bitcoin ATM

Mentions:#ATM

> I still think x% rewards via credit cards would outweigh this argument for most people. Again your bias is showing :) We don't really have them, especially because BY LARGE here we use Debit Cards, not Credit Cards. They never took off because the high base-cose for buyers: people had no reason whatsoever to pay a (perceived)substantial fee for *POTENTIALLY* get it back *IF* you spend enough. Do note being in debt(and using a credit card is getting yourself in debt) is vastly seen as a Not-Good thing. Generally speaking, credit cards in Europe always been a thing for rich people and larger businesses. Even *DEBIT* cards weren't really a thing until Internet made paying with them a necessity. And even *then* it was Pre-paid Debit Card first because people were(rightfully) wary of scams(the Italian Post Office made *mad money* by offering their own, unlinked to any bank account) By the time Credit Cards Cashbacks could have been a thing in EU, the sector was already regulated tightly to keep banks and merchants from being assholes so there is now *no margin* for them to offer all the cashback services they offer in US... and nobody cares because cards are perceived as a abstraction tool for paying with your money so less costs are involved better is for everybody. Therefore as long as the Consumer has no *hassle* in using D€ instead of another circuit, there is no reson for them to not use it. Actually, there is another reason, possibly the biggest, from the consumer side: ZERO COST WITHDRAWAL from *any* ATM in the whole Eurozone. Because withdrawing from ATMs not from your bank can have a variable cost *ESPECIALLY* outside your country(as you'll be forced to use the visa\mastercard circuit). Sure, it's usually a relatively small cost when it's applied(at least inside the same country) but not having to worry about it anymore at the one-time "cost" of setting up the D€ account? YOU BETCHA tons of people will do it.

Thats a bitcoin ATM. How does it buy weed?

Mentions:#ATM

In fairness to ETF’ers, it’s a good stepping stone for people who know it’s important to obtain but do not know how or are scared of being scammed trying to obtain actual BTC to self-custody. I hear on the news at least once a month about a story where someone was scammed out of 1000s through a Bitcoin ATM via social engineering to put cash in, send to a wallet address in exchange for bond for a family member in police custody, etc. I own both , but I like the familiarly of ETFS for those who literally can’t figure out BTC in its raw form.

But they've got $2B+ in cash on hand The company will be fine but the shareholders of MSTR will always get the short end of the stick. Gotta tap that ATM

Mentions:#MSTR#ATM

They have 750 million dollars in warrants on the common stock still to be unlocked. 500 million possible ATM on sata and the preferred are available as well. A merger being voted on in 2 weeks also that adds another billion dollars of bitcoin with the semler acquisition. Semler sells medical supplies. Currently with a years worth of payments for the preferred, and 50 years worth of payments if they had to ever liquidate their bitcoin which is highly unlikely if bitcoin goes to zero we honestly will have bigger problems in the world to worry about like famine or war.

Mentions:#ATM

do people still use btc ATM? did they ever?

Mentions:#ATM
r/BitcoinSee Comment

yes I know that it's an online currency it's crypto but i thought there were like bitcoin ATM machines to load it onto an account

Mentions:#ATM
r/BitcoinSee Comment

If you do business with Coinbase, they can issue you a debit card which you can use for purchases or at ATM's.  Each transaction with the card triggers an automatic exchange of BTC to USD.

Mentions:#ATM#BTC

The key is to avoid touching fiat. It may take time, but the moment people start accepting Monero (or other privacy coin) as payment, the problem goes away. The problem ATM is people think of crypto as an investment, not as a payment method.

Mentions:#ATM
r/BitcoinSee Comment

Bitcoin ATM machines but you’ll pay a huge fee, you can usually buy a small amount with cash and no KYC

Mentions:#ATM
r/BitcoinSee Comment

Come to Switzerland and go to the BTC ATM.

Mentions:#BTC#ATM
r/BitcoinSee Comment

IBIT is barely holding $50, and the QQQ is near ATM ... IBIT top was at $70 2 months ago...they're selling!!!

Mentions:#IBIT#ATM
r/BitcoinSee Comment

I got the discount so it was $30 for the year. Can only trade $500/mo. But Coinbase rip off by changing the sell/buy price. This makes insane same with CashApp. Crypto has become an expensive ATM machine. Im trading at very low volumes so I recognize every dime they nip off the tip.

Mentions:#ATM
r/BitcoinSee Comment

I don't know how Mstr could go up decent amount when Saylor keeps doing ATM.

Mentions:#ATM