SHOUTOUT TO PEOPLE IN BIRMINGHAM--BITCOIN ATM
Birmingham this morning got their first ever Bitcoin ATM that is great news Cryptocurrency is increasing day by day. we as a community are increasing day by day.
BCB ATM, which is one of the U.K.’s fastest growing operators of Bitcoin ATM’s, has installed the new machine at Lifestyle Store on Flaxley Road Stechford.
*Image source: www.coindesk.com
Landry Ntahe, BCB ATM head of operations, said that the machines receive frequent use between 30 to 40 times per day. He adds that around 25 percent of people utilizing the machines are new customers, so retailers can expect an increase in the number of people using them.
he also adds to the conversation that
"We are really pleased to install our first Bitcoin ATM in Birminham, especially as it’s a region where we’ve seen more and more people using Bitcoins".
as whole world sees a huge increase in demand and the price of Bitcoin here is what Nthahe has to say about the demand in U.K.
"Within the last year we have seen a rapid growth in the use of our machines and high demand for placements of Bitcoin ATM’s within the U.K., this tells us the adoption rate for using Bitcoin is increasing and where there is more demand, the value will increase."
Also i would like to add a little info here:-
According to coin ATM radar, there are 1,230 Bitcoin ATM’s located in 57 countries. out of these approximately over 800 are installed in the U.S. and 65 in the U.K.
Almost 2.30 Atms' are installed everyday around the globe.
Happy Growing the community that i and you are a part of!!
Happy Steeming!!
News source : www.cryptocoinnews.com
Comment down below and upvote the post if you like.
This is a great news, I unfortunately can't see this near my place in UK.
Dorset is it??
I guess i remember it is near Edinburgh!
Edinburgh also has BTC ATM.
Go ONN!! spend some Pounds!! HAHAHA!!!
Check http://www.coinatmradar.com as there is most likely a Bitcoin ATM in your area too. :)
not far from me
Do upload a pic..
will do
I'm up that way over the weekend might have to give it a try thank you
Oh!! you should mate!!
Cheers!!
Thank You for Resteeming it brother!
_( > , < )_ /
Hi, I love your article.
However, I almost read 'shootout', instead of shoutout :p
Hahahaha!!!
Thanks for the love though!!
Must try the ATM once
i wonder how much the mark up is/ on the atm i use it is 7 percent but i've heard some of them are up near 20 percent. 7 percent when bitcoin was priced in hundreds wasn't too bad but now it's a piece of change isn't it and 20 would be almost 500 dollar mark up. some may come to see these machines as one armed bandits. you can bet at this level of profit these atm's will be popping up everywhere. i still use my 7 percenter and will continue to do so but i will be looking for peer to peer sales and try to find the bitcoin community so we can buy and sell for no mark up.
Indeed!! that would be great if we can adapt the bitcoin community or the peer to peer community fully.
However the governmental formalities might take time!!
But it is still evolving than it was when bitcoin was in hundreds, though mentioning Bitcoin into hundreds feels like ages ago :-P