Number of Bitcoin machines increases quite fast nowadays. We reached the first milestone of 100 ATMs installed (at least the ones which I found on internet). And this is all in less than 8 months, assuming the first one was installed in the end of October 2013 in Vancouver. Btw looks like Vancouver is the city with most Bitcoin ATM installations as of today. Hope other cities will take this as an example. Bitcoin ATM locations could be checked on the map. Also there are nice charts about the growth rate of Bitcoin ATM installations per different vendors. Hope the site would be useful for tracking the locations of Bitcoin ATMs. Any feedback and new locations messages would be really appreciated!
Robocoin to Install World’s Second Bitcoin ATM in Hong Kong
The first Bitcoin ATM was installed in Vancouver, Canada on 29th October 2013. Robocoin first unveiled the ATM at a conference in San Jose, California during last year’s springtime. At the time Robocoin had said that four other ATM’s would be launched in December at Toronto, Montreal, Calgary and Ottawa. Today (7th January 2014) however, Robocoin announced that they would be deploying the world’s second Bitcoin ATM in Hong Kong. According to Robocoin, they have sold nearly 50 ATM machines to operators worldwide but they are not yet in operation. Hong Kong was chosen because due to its positive response towards technological innovation. “I think Hong Kong is a very progressive environment,” said CEO Jordan Kelley. “The government takes a progressive approach to emerging technologies, and it is important to get something going in the Asian economies,” he added. This video gives you an overview of the machine: https://www.youtube.com/watch?v=uoiAewo5K7s&src_vid=0SidcjCLrQM&feature=iv&annotation_id=annotation_1219530905 About the Robocoin ATM: It enables users to buy and sell Bitcoins. The ATM machine from Robocoin is equipped with biometric time locks and privacy-shielded touchscreen and has features like Wi-Fi and 3G enabled. robocoin1 The machine also accepts and dispenses cash and is international denomination ready. To avoid cases like money laundering and making multiple deposits, the ATM machine allows operation only after scanning a user’s palm. A user has a limit for depositing. “The ATM will work a bit like a vending machine for buying and selling virtual goods (Bitcoin) instead of physical goods like a can of soda,” said Hong Kong Bitcoin Enthusiast, Casper Cheng Tsz Chun. The location of the ATM has not been disclosed however. Hong Kong’s adoption of the Bitcoin ATM gives Robocoin some breathing space. Recently the Taiwanese Central Bank & Financial Supervisory Commission (FSC) had jointly declared that Bitcoin cannot be recognized as a valid form of currency. FSC Chairman Tseng Ming Chung said that Robocoin ATM’s would be prohibited. Whatever said and done, Bitcoin has definitely created some waves last year. It will be interesting to see what is in store in 2014 for companies of all types trying to monopolize the virtual currency. If Bitcoin ATM’s end up gaining mainstream adoption (which I believe is a high possibility), Robocoin would benefit tremendously with its advantage as the first player in the arena.
Despite pioneering crypto ATMs in the world, Vancouver’s authorities are turning their backs against the vending machine, saying it is “an ideal money-laundering vehicle,” and its mayor has also suggested a complete ban, The Star reported. 1. Bitcoin Atm’s or BATM’s. In Canada these machines can be found in the most random of places from coffee shops to laundromats. Often hidden in a corner but certainly noticeable due to the look of the machine, which might look like a cross between a regular atm, a vending machine and an old school arcade game. Since then the amount of Bitcoin atm’s in Vancouver has risen exponentially. A Bitcoin atm isn’t really an atm. The closest comparison would be to a vending machine except the vending machine only dispenses goods, you can’t sell the goods back to the vending machine. The Bitcoin atm dispenses Bitcoin but you can also sell the Bitcoin back ... Bitcoin ATM in Vancouver, Ontario. Buy or sell Bitcoin instantly without verification or ID. Supports Bitcoin, Litecoin and Ethereum with over 140 machines nationwide. Find a Bitcoin ATM near you! Now one trendy Vancouver coffee shop is planning to speed up the process with the launch of Robocoin, the world's first bitcoin ATM. The blue and silver ATM machine, operated by Vancouver-based ...
Bitcoin Vending Machine (Bitcoin ATM) in Singapore ... Using the new Bitcoin ATM in Waves Coffee Vancouver - Duration: 1:19. radioimaging 80,092 views. 1:19. DIY Bitcoin Mining: Hardware (part1 ... Lamassu Bitcoin Machine Demo - Bitcoin 2013 - Duration: 0 ... My kids using the second Bitcoin ATM in Vancouver. A Lamassu via QuadrigaCX - Duration: 1:53. Alexander S. 6,479 views. 1:53. How to ... THU JAN 05 2012 14:53 EST: Stuart W. Card, PhD of Critical Technologies Inc. made the first ever purchase (a bag of popcorn) from a vending machine using a Q... There are 3 public-facing bitcoin vending machines in New Hampshire that require no ID. Input FRNs. Receive bitcoin. That's it. Learn more about bitcoin http... The Bitcoin Vending Machine at Liberty Forum. For the Love of Physics - Walter Lewin - May 16, 2011 - Duration: 1:01:26. Lectures by Walter Lewin.