First U.S. bitcoin ATMs to open soon in Seattle, Austin - GoFuckYourself.com

brassmonkey · 02-18-2014, 10:17 AM

(Reuters) - Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency.

The kiosks, to be installed in Seattle, and Austin, Texas, are similar to ATMs but have scanners to read government-issued identification such as a driver's license or a passport to confirm users' identities.

The ATMs will allow people to swap bitcoin for cash, or deposit cash to buy more bitcoin by transferring funds to or from a virtual wallet on their smartphones.

Bitcoin was launched in 2008 and is traded within a global network of computers. It is not backed by a single company or government and has no assets behind it, but its release is tightly controlled, mimicking a central banking system's control over the minting of money.

Robocoin, based in Las Vegas, installed its first bitcoin ATM in Vancouver last fall and will also start operating one in Calgary, Alberta, later this month. Robocoin also is planning to install ATMs in Asia and Europe.

A bitcoin is currently worth about $636, but its value has fluctuated widely as the currency's visibility has increased. Last September, a bitcoin was worth around $150. By late December the value was near the $1,000 mark.

Users can buy products and services online on sites including Overstock.com or in a handful of stores.

The currency's reputation took a hit last week when two of its best known exchanges suspended withdrawals. One of them, Slovenia-based Bitstamp, said Friday it planned to allow redemptions to resume.

full article...

ilnjscb · 02-18-2014, 10:18 AM

Quote:

Originally Posted by brassmonkey

(Reuters) - Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency.

The kiosks, to be installed in Seattle, and Austin, Texas, are similar to ATMs but have scanners to read government-issued identification such as a driver's license or a passport to confirm users' identities.

The ATMs will allow people to swap bitcoin for cash, or deposit cash to buy more bitcoin by transferring funds to or from a virtual wallet on their smartphones.

Bitcoin was launched in 2008 and is traded within a global network of computers. It is not backed by a single company or government and has no assets behind it, but its release is tightly controlled, mimicking a central banking system's control over the minting of money.

Robocoin, based in Las Vegas, installed its first bitcoin ATM in Vancouver last fall and will also start operating one in Calgary, Alberta, later this month. Robocoin also is planning to install ATMs in Asia and Europe.

A bitcoin is currently worth about $636, but its value has fluctuated widely as the currency's visibility has increased. Last September, a bitcoin was worth around $150. By late December the value was near the $1,000 mark.

Users can buy products and services online on sites including Overstock.com or in a handful of stores.

The currency's reputation took a hit last week when two of its best known exchanges suspended withdrawals. One of them, Slovenia-based Bitstamp, said Friday it planned to allow redemptions to resume.

full article...

Where do you see prices in 2 months?

seeandsee · 02-18-2014, 10:20 AM

Have scanners for identify cards, interesting

brassmonkey · 02-18-2014, 10:23 AM

Quote:

Originally Posted by ilnjscb

Where do you see prices in 2 months?

maybe around $800

brassmonkey · 02-18-2014, 12:56 PM

bump bump

ruff · 02-18-2014, 01:14 PM

What goes down must come back up. I hope. Bit coin sure isn't going away. The more publicity, the more buyers, the price goes up. Limited quantity.

JFK · 02-18-2014, 01:26 PM

Speaking of Bitcoin, this is just Hot off the press Check out FUBAR

http://fubarwebmasters.com/news.php?post=131

DBS.US · 02-18-2014, 06:09 PM

Quote:

Originally Posted by ruff

What goes down must come back up. I hope. Bit coin sure isn't going away. The more publicity, the more buyers, the price goes up. Limited quantity.

FriendFinder Networks (NASDAQ:FFN) $0.43

mineistaken · 02-18-2014, 06:12 PM

Cool, bin laden could easily send cash to US soldiers

L-Pink · 02-18-2014, 06:13 PM

Quote:

Originally Posted by DBS.US

FriendFinder Networks (NASDAQ:FFN) $0.43

Penny24Seven · 02-19-2014, 03:30 AM

Quote:

Originally Posted by DBS.US

FriendFinder Networks (NASDAQ:FFN) $0.43

wow, what did it peakk at?

PornDiscounts-V · 02-19-2014, 05:08 AM

Lesson:Adult companies shouldn't go public.

ruff · 02-19-2014, 10:54 AM

Quote:

Originally Posted by DBS.US

FriendFinder Networks (NASDAQ:FFN) $0.43

Apples and Oranges.

brassmonkey · 02-19-2014, 11:08 AM

Quote:

Originally Posted by DBS.US

FriendFinder Networks (NASDAQ:FFN) $0.43

this is currency not dating. i remember when paypal first started. they were saying fly by nite

Joshua G · 02-19-2014, 11:31 AM

Quote:

Originally Posted by ruff

Apples and Oranges.

you are clueless. what goes down must come up, you hope.

Warren Buffett does not hope, he studies. Edgeprod does not hope. he takes profits, & i bet a million bucks he knows when to cut a loss.

do yourself a favor & cash out before you hurt yourself. Read up on real traders & learn what they did. google jack schwager for starters, & read his books. Clue yourself in.

adultmobile · 02-19-2014, 03:27 PM

First U.S. bitcoin ATMs to BE CLOSED BY FEDS in Seattle, Austin

mineistaken · 02-19-2014, 03:31 PM

Quote:

Originally Posted by adultmobile

First U.S. bitcoin ATMs to BE CLOSED BY FEDS in Seattle, Austin

And that would be justified and correct decision. Untrackable international transfers..

Just Alex · 02-19-2014, 07:02 PM

I just used my EBT card to buy bc at 7-11 from arab guy.

Lykos · 02-19-2014, 07:24 PM

I see coins goes beyond imaginable !

ruff · 02-20-2014, 03:55 AM

Quote:

Originally Posted by JoshGirls Josh

you are clueless. what goes down must come up, you hope.

Warren Buffett does not hope, he studies. Edgeprod does not hope. he takes profits, & i bet a million bucks he knows when to cut a loss.

do yourself a favor & cash out before you hurt yourself. Read up on real traders & learn what they did. google jack schwager for starters, & read his books. Clue yourself in.

Clueless? You are the one that needs an education. What qualifies you to spout this shit? You play it safe by not doing anything and think you have something important to contribute? Clearly you are clueless.

02-18-2014, 10:17 AM	#1
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 76,980	First U.S. bitcoin ATMs to open soon in Seattle, Austin (Reuters) - Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency. The kiosks, to be installed in Seattle, and Austin, Texas, are similar to ATMs but have scanners to read government-issued identification such as a driver's license or a passport to confirm users' identities. The ATMs will allow people to swap bitcoin for cash, or deposit cash to buy more bitcoin by transferring funds to or from a virtual wallet on their smartphones. Bitcoin was launched in 2008 and is traded within a global network of computers. It is not backed by a single company or government and has no assets behind it, but its release is tightly controlled, mimicking a central banking system's control over the minting of money. Robocoin, based in Las Vegas, installed its first bitcoin ATM in Vancouver last fall and will also start operating one in Calgary, Alberta, later this month. Robocoin also is planning to install ATMs in Asia and Europe. A bitcoin is currently worth about $636, but its value has fluctuated widely as the currency's visibility has increased. Last September, a bitcoin was worth around $150. By late December the value was near the $1,000 mark. Users can buy products and services online on sites including Overstock.com or in a handful of stores. The currency's reputation took a hit last week when two of its best known exchanges suspended withdrawals. One of them, Slovenia-based Bitstamp, said Friday it planned to allow redemptions to resume. full article... __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

02-18-2014, 10:20 AM	#3
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02-18-2014, 12:56 PM	#5
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 76,980	bump bump __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

02-18-2014, 01:14 PM	#6
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,501	What goes down must come back up. I hope. Bit coin sure isn't going away. The more publicity, the more buyers, the price goes up. Limited quantity. __________________ CryptoFeeds

02-18-2014, 01:26 PM	#7
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	Speaking of Bitcoin, this is just Hot off the press Check out FUBAR http://fubarwebmasters.com/news.php?post=131 __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

02-18-2014, 06:12 PM	#9
mineistaken See signature :) Industry Role: Join Date: Apr 2007 Location: ICQ 363 097 773 Posts: 29,656	Cool, bin laden could easily send cash to US soldiers

02-19-2014, 05:08 AM	#12
PornDiscounts-V Confirmed User Industry Role: Join Date: Oct 2003 Location: L.A. Posts: 5,740	Lesson:Adult companies shouldn't go public. __________________ Blog Posts - Contextual Links - Hardlinks on 600+ Blog Network * Handwritten * 180 C Class IPs * Permanent! * Many Niches! * Bulk Discounts! GFYPosts /at/ J2Media.net

02-19-2014, 03:27 PM	#16
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	First U.S. bitcoin ATMs to BE CLOSED BY FEDS in Seattle, Austin __________________ TubeCamGirl.com

02-19-2014, 07:02 PM	#18
Just Alex Liv Benson to You, Bitch Industry Role: Join Date: Aug 2007 Location: Maryland and WV Posts: 6,060	I just used my EBT card to buy bc at 7-11 from arab guy. __________________

02-19-2014, 07:24 PM	#19
Lykos Too lazy to set a custom title Industry Role: Join Date: Apr 2003 Location: World Posts: 31,024	I see coins goes beyond imaginable ! __________________