Talk:Bitcoin ATM

Wiki Education Foundation-supported course assignment

This article is or was the subject of a Wiki Education Foundation-supported course assignment. Further details are available on the course page. Student editor(s): Ellenchannn.

Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT (talk) 18:05, 17 January 2022 (UTC)

Untitled

I think it makes sense to change the two images on this article to something other than Jordan and a Robocoin. Something brandless and neutral. Any thoughts on this? Adublins (talk) 03:19, 22 October 2014 (UTC)

Capitalization

Hi all. Following a broad consensus at Talk:Bitcoin, I made an edit to use the same capitalization as used, justified, and consensually accepted by Wikipedia editors at the main Bitcoin page. As far as I know, it is desirable to unify the orthography in the Wikipedia, and I claim that both my edit #634193854 as well as edit #634193917 were properly justified and based on the above mentioned consensus. Therefore, I am very surprised by unjustified reversals #634231158 and #634231311. Based on the above mentioned consensus, and the fact that the reversals were unjustified, I am restoring the text of the article to the state preceding the unjustified reversals. Ladislav Mecir (talk) 17:52, 17 November 2014 (UTC)

I think sources are definitely needed for the regulatory section. This is a rapidly changing topic, and there is active legislation in many countries, so perhaps the comment is also outdated. Redbird is (talk) 22:36, 4 March 2015 (UTC)

So, what does "to be a member of the ATM manufacturer" mean? — Preceding unsigned comment added by 130.14.8.177 (talk) 17:58, 3 August 2015 (UTC)

Time

It has been reported that it takes a long time for a bitcoin transaction. So if you enter a bitcoin into one of these machines how long do you have to wait for the cash to come out? 87.102.44.18 (talk) 14:20, 15 January 2016 (UTC)

Reliable sourcing

Is this a viable source for the article Despite the growth of fees charged by bitcoin ATMs (the average was around 5% for a transaction a year ago but grew up to 7.17% and even to 15-20% at some bitcoin ATMs in New York), people still use them: bitcoin ATM offers a possibility to buy the cryptocurrency without filling out extensive forms, attaching bank accounts to online exchanges or meeting obscure people in sketchy places. Here is the link [[1]]. Earl King Jr. (talk) 08:11, 26 June 2016 (UTC)

Name of article

Probably needs a change to 'Bitcoin Machines' or Bitcoin Dispensers. Using ATM is not accurate [2] Even though some of the sources in the article call them bitcoin atm's does not mean Wikipedia should since they are not ATM's at all so it gives a very false or wrong idea to call them that, especially as a title of an article. Earl King Jr. (talk) 05:03, 9 July 2016 (UTC)

Explaining that in the article was a good idea, and thanks for that, but if most sources call them ATMs, WP:COMMONNAME suggests we should probably follow. There are few enough reliable sources about this at all that's hard to judge, however. Do sources frequently call them "bitcoin dispensers" or something else? Grayfell (talk) 05:28, 9 July 2016 (UTC)

This one is pretty clear [3] about what these are. Since formerly the article was full of advert like material probably its o.k. to differentiate a little between reality and neologism of using a word wrong, so keeping the word 'atm' in is o.k. but making sure to let people know that it is not actually an atm is probably a good idea. Formerly the article sounded like somehow these ATM's were somehow like other ATM's that banks use. Now it does not sound that way. As far as the popular press, I don't know. Its like calling Kleenex for a piece of tissue? Maybe a neologism acronym? Now at least I hope its more clear in the article. Earl King Jr. (talk) 05:35, 9 July 2016 (UTC)

It's definitely a big improvement. Since almost all sources call them ATMs, I think we should stick with the current title for now. http://www.loc.gov/law/help/bitcoin-survey/ is used for details about Canada, but it also mentions ATMs in Sweden (a "bitcoin bankomat") and Turkey ("a Traveler’s BOX, a machine like an ATM"). I'm not totally sure, but I think "Bankomat" is a Swedish company, so the comparison to Kleenex is apt. Regardless, both [[bankomat]] and [[Automated teller machine]] redirect to cash machine. If it were up to me, I would go with bitcoin kiosk, but if this is what most people are calling it, so be it. Grayfell (talk) 03:56, 10 July 2016 (UTC)

History

New update: There were 456 Bitcoin ATMs worldwide as of November 2015.[1] ATM operator Coinsource has the highest number of bitcoin ATMs (54), then it is EasyBit, which has 50 Bitcoin ATMs.[2] Transaction fees are something that customers think about when deciding whether or not to use a Bitcoin ATM. Fees can range from 1%-8% per transaction, on top of the sub-par exchange rate. These fees have lowered but now, selling fee is at an average of 5.31%, which is lower than buying fee, which is at an average of 6.11%. However, although all Bitcoin ATMs allow users to buy Bitcoins, not all Bitcoin ATMs allow users to sell Bitcoins.[1]Ellenchannn (talk) 21:46, 19 November 2016 (UTC)

Alternatives

An alternative to a Bitcoin ATM is a Bitcoin terminal, which do not require a physical location. Customers can buy and sell Bitcoins on the go. Some active players in this Bitcoin terminal market include Coinkite, Revel, and XBTerminal. However, the number of players is still low. Ellenchannn (talk) 07:06, 20 November 2016 (UTC)

References