I just had to come across an ICO with its best project which is bringing up ATM machines for crypto transactions. The ICO is "Investa". They almost captured the market and heard that they started marketing themselves in the local zones. The investment the ICO has put on the project is so huge. This is  taking the ICO to the next level. https://investaco.in/ would detail you more.

https://zycrypto.com/researched-and-reported-bitcoin-atm-market-to-grow-by-50-in-the-next-5-years/


I'm not surprised by this news because we have expecting a crypto boom in the next 5 years. Its interesting that the growth should come in North America, but I believed that Asia is a good market for Bitcoin ATM as well, with Japan and South Korea leading the way.

From the because I was there I used 2 while in Las Vegas for DefCon last month.
Both were overpriced.


1st one I pulled out $80 of BTC that cost me close to $90 [bitstamp rate]
2nd one I pulled out $100 of BTC that cost me close to $120 [bitstamp rate]

However, I also had some ETH to burn. Was going to trade it sooner or later and was just sitting on wallet on my phone.
The rates were a joke they were so bad. BUT I was happy to get out of *this* ETH deal for various personal reasons so getting a 20% haircut was worth it to me.
So close of $620 of ETH got me $500 USD. 
However ETH has dropped so hard it's now only worth $460 so I won that because I was going to get have to get out of it now at the latest anyway.

-Dave

Bitcoin ATMs strategically placed may be a good business for the vendors.  However, unfortunately it’s a great way for the local government to monitor BTC users because they demand ID.  Which means it’s only good for the rest of us if we want some quick cash out of a btc account.  Bitcoin ATMs put up in casinos would probably be great for the ‘house’.  Also, developers of other coins could contact the machine vendors and offer their coin or token for great exposure  while marketing the use of their coin to vendors in the casino. 

ATM for cryptocurrencies are not readily available in most locations. As the crypto sphere is still at an early stage.
Many ICOs and projects are leaning towards debit cards so the adoption is increasing.

I find this to be a good idea but to apply in practice there are many inadequate problems. For example, it needs to be allowed by the government, banks, speed of transaction processing and security issues.

As as Bitcoin ATM is becoming popular its now a target for hackers as well.

https://www.ccn.com/malware-targeting-bitcoin-atms-goes-on-sale-for-us25000/

Damn, those hackers are really one step of the game. I'm not sure if this so called hacks can put a stop on the booming Bitcoin ATM manufacturing business, but I do hope that they can immediately resolved this issues otherwise people aren't going to used Bitcoin ATM.

Here in my country there are no bitcoin ATMs but I am certain if they exist everyone will use it because we face many problems to buy bitcoin or to cash it out.

So yes, ATMs are very useful and can make dealing with bitcoin easier.

Curious but there are more than 4000 bitcoin ATM worldwide. Why curious? Because fees of those ATMs are very, very high and it doesn't worth to use them. I highly doubt people use them often. Maybe some bitcoin enthusiasts just test them and then go away because you have to be crazy to accept their exchange rates. But still interesting if anyone has statistics of how much bitcoin has withdrew from those ATMs.

I think all are interested in the machines currently available, but in the crypto community that tends to be small, there are still very few machines in their area. machines tend to be placed near communities that use crypto