#Bitcoin #ATM #Vancouver status update [01/07/15]

So the site isn’t even months old, and I’ve already broken the first rule of maintaining a site.. “Don’t Let Your Content Become Stale”.

 

Stale

 

However, it’s been a crazy crazy month, Christmas, vacations, etc, so let me take a minute to catch you up.

  1. Yes, the ATM is installed, connected, waiting, ready. Flip the switch and it’s usable. Where’s the machine?
  2. Yes, we have our MSB/MT status from Washington state. Finally.
  3. Yes, we’re waiting because of the current turmoil with Bitstamp. Click here if you don’t know anything about it.
  4. Machine fees will be 5%, which seems to be the standard, both in this area, and nationally for Bitcoin ATM’s. We expect to lower these as volume and competition dictate.
  5. Transaction limits will be $3,000 per user, per day. These values are configurable PER USER, so if you have a need for greater volume, please contact us directly with details.
  6. Thank you to Westfield for their patience as we all waited for the state to complete their verification & checks.

On behalf of all of PointOfCoin, I’d like to apologize for the delays. Given the current Bitstamp issues, we feel it’s better to wait a few days before turning the machine on. Thank you to the individuals who have reached out asking if the machine is open yet, we’re just as anxious as you are. I’ll make a big post here when we can finally click “GO”.

-donn

 

to be, or not to be.. #Thursday is the question..

Decals applied… If all goes well, we are bolting the beast down on Thursday the 11! Almost a month after our initial planned date, but still in before Christmas!  Waiting for the state to approve your licensing can.. teach you to be patient. Today the delay was “please clarify these 7 points of your cyber-security policy”. We did, resubmitted, and now we wait again…Thank you for all your support and encouragement..

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What could be inside?

Did Christmas come early? Does Santa have a present for us already? Time will tell..

… and with a woosh!

 

With a woosh, and a whrrrrr, and the Point of Coin website is alive..

Not a lot here, but it’s a start!