Quote from: cheezcarls on Today at 11:31:38 AM

Quote from: BtcATMs on August 02, 2020, 06:24:59 PM

How is going? Seems like machines continued fast growth during Covid... has it been a good year for the BATM owners?

I was thinking the same thing, but may need a lot of money to invest for having my own BTC ATM machine. However, it also needs me to pay a huge amount of money to legalize and regulate it to be operational in my country.

One of my friends invited me to come with her in an office of her business contact. I see that he had like 10 Bitcoin ATMs, but wasn’t ready yet to be deployed due to legal and regulatory requirements needed to be processed.

I would really want my own Bitcoin ATM, but need more funds to invest for it.

And in addition to that, it may not really be a profitable since, it will depend on the location and the people's awareness to the cryptocurrency or bitcoin itself. On what I see is, after you pay all of those fees the renting fee will be there too, to take an awesome spot for you bitcoin ATM. It will be a risky business since you need a lot of money to buy one of those and a lot of legalities and after that, the profit is not sure. And in our current situation right now, with this virus, it will really be hard enough to make Bitcoin ATM into a profiting business. (just for me)