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Thread: Bitcoin ATM RIP off?

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  1. #1
    Join Date
    Mar 2014
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    Asia but not Asian.
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    Quote Originally Posted by jstone View Post
    Coinmama and coinbase are shit services, abra, and kraken are much better. More sources need to switch over to monero. Take your coins from whatever service you use move them to another wallet, and then a blender, and then transfer them to your sources wallet.

    Just sending them to a blockchain wallet isnt enough to ensure your coins are not easily traced.
    Kraken, really? Maybe I am missing something here. The whole purpose of bitcoin is to be anonymous. Kraken totally removes that via their wallet loading methods. You still need another service to actually use Kraken to be able to load it.

    Bitcoin ATM is the only real way to use the service as intended..anonymously.

  2. #2
    Join Date
    Feb 2018
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    207
    Quote Originally Posted by Chicagotarsier View Post
    Kraken, really? Maybe I am missing something here. The whole purpose of bitcoin is to be anonymous. Kraken totally removes that via their wallet loading methods. You still need another service to actually use Kraken to be able to load it.

    Bitcoin ATM is the only real way to use the service as intended..anonymously.
    How can you do it anonymously even with bit coin atm?

  3. #3
    Join Date
    Feb 2018
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    207
    Quote Originally Posted by Chicagotarsier View Post
    Kraken, really? Maybe I am missing something here. The whole purpose of bitcoin is to be anonymous. Kraken totally removes that via their wallet loading methods. You still need another service to actually use Kraken to be able to load it.

    Bitcoin ATM is the only real way to use the service as intended..anonymously.
    Any recommendations on what wallets are best to use?

    @bio thanks.

    What about good sources for info? I’ve been just following google links and reading to much. I want to set up a wallet and go to the atm today.

    Is it true atm charge 10-20% though?

  4. #4
    Join Date
    Mar 2008
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    L.A
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    24,631
    Quote Originally Posted by Littlearnie View Post
    Any recommendations on what wallets are best to use?

    @bio thanks.

    What about good sources for info? I’ve been just following google links and reading to much. I want to set up a wallet and go to the atm today.

    Is it true atm charge 10-20% though?
    Mycilium is super easy to use and secure. Blockchain is easy to use. Those are my go to wallets. If you want an even more secure wallet then look at electrum. These are just wallets not exchanges.

  5. #5
    I use rocketcoin.

    If you hit an atm for bitcoin, get a paper wallet. Then transfer it to whatever you want. Mycelium is good.

    But I use rocketcoin. Because the wallet itself asks for little information to open and has no links to anything other than a mobile phone number. A prepaid and one time text confirmation and your done.

  6. #6
    Join Date
    Mar 2003
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    United States
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    10,550
    Quote Originally Posted by Littlearnie View Post
    Is it true atm charge 10-20% though?
    Industry standard is ~8%.

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