Category Archives: Statistics

Buy Bitcoins at Bitcoin ATMs

Bitcoin ATM Market Dynamics December 2020

At the beginning of December, the price of Bitcoin was at $19,710 and continued to rise through the month. Finally, when the pandemic year ended the Bitcoin price was $28,857 which was a huge increase of 46.4% when compared to the price at the beginning of the month.

The speed of bitcoin ATM installations maintained a stable rise between 8% and 10%.

Period Start: 12569, Period End: 13676
Opened: 1308, Closed: 201, Net Growth: +1107(8.8%)

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Bitcoin ATM Market Dynamics November 2020

November started with a Bitcoin price of $13,810 and continued the rising trend from October. At the end of the month, the price went up to $18,192. So, when we compare the prices at the beginning and the end of November we can see that the price went up by 31.7%.

The speed of bitcoin ATM installations maintained a stable rise between 8% and 10%.

Period Start: 11492, Period End: 12510
Opened: 1118, Closed: 100, Net Growth: +1018 (8.9%)

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Bitcoin ATM Market Dynamics October 2020

At the beginning of October, the price of Bitcoin was $10,778 and maintained the raising trend through most of the month until it reached a value of $13,565. When we compare the Bitcoin values at the beginning and the end of the month, we can notice that it has gone up by 25.6% in October.

The speed of bitcoin ATM installations was lower than previous month (8% vs. 10%).

Period Start: 10630, Period End: 11478
Opened: 1034, Closed: 186, Net Growth: +848 (7.9%)

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Bitcoin ATM Market Dynamics September 2020

September started with a Bitcoin price at $11,660 and immediately dropped to $10,188 on the 4th. For the rest of the month, the price remained within the 10k range until it reached the $10,841 at the end of the month which is a 7% decrease when compared to the price at the beginning of the month.

The speed of bitcoin ATM installations increased compared to previous months (almost 10% vs. normally 5-6%).

Period Start: 9579, Period End: 10502
Opened: 1082, Closed: 159, Net Growth: + 923(9.6%)

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Bitcoin ATMs 7 years: from 0 to 10000

Bitcoin ATMs installations exceeded 10’000 locations across the globe. It took industry roughly 7 years to reach this point since the first permanent bitcoin ATM installation in the end of 2013 (there is still a bitcoin ATM at this location in Vancouver at Waves Coffee House). Looking back at traditional bank ATMs, it took banks 9 years to install 10’000 ATMs, so the pace of bitcoin ATM installations is quicker than for bank ATMs back in the 70-s.

Interesting fact: After the first 3.5 years there were 1000 active bitcoin ATMs in operation, over the next 3.5 years this figure has increased by 9000 ATMs more.

It is a large milestone and achievement for all involved companies and people. We would like to congratulate all members of the community, entrepreneurs involved in operation of ATMs and supply of hardware and software, companies that provide compliance and other complimentary services helping to grow the business. We use this milestone as a chance to look back and check how running bitcoin ATMs became a professional business and evolved over these years.

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Bitcoin ATM Market Dynamics August 2020

The price of Bitcoin in August was fairly stable. At the beginning of the month, it was at $11,344 and it continued to vary within the 11k mark. The month ended with a Bitcoin price at $11,708 which is only a 3.2% increase compared to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate.

Period Start: 8921, Period End: 9516
Opened: 776, Closed: 181, Net Growth: + 595 (6.7%)

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Bitcoin ATM Market Dynamics July 2020

The Bitcoin price in July was pretty steady for the bigger part of the month, until it reached noticeable rise near the end. July started at a $9,134 price tag and moved around the 9K until the 28th when it jumped over the 11K mark. The month ended at a $11,115 which is a 21.7% rise in comparison to the price at the beginning of the month.

The number of new machines continued to grow at a relatively stable rate.

Period Start: 8490, Period End: 8919
Opened: 544, Closed: 115, Net Growth: + 429(5%)

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Bitcoin ATM Market Dynamics June 2020

The Bitcoin price in June mostly ranged between 9K and 10K mark. At the beginning of the month, the price was $9,451 and after a short spike, it started to fall. June ended with a Bitcoin price set at $9,185 which is a 2.8% decrease when compared to the price at the beginning of the month.

The number of new machines continued to grow at a relatively stable rate.

Period Start: 7978, Period End: 8502
Opened: 639, Closed: 115, Net Growth: + 524 (6.6%)

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Bitcoin ATM Market Dynamics May 2020

The Bitcoin price in May experienced fluctuations throughout the month. In the beginning, the price was at $8,629 and rose during the first week when it hit the 10K mark, after which it immediately started to decrease. After a couple of more fluctuations, the month ended at $9,451 which is a 9.5% rise compared to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate, as the price of Bitcoin.

Period Start: 7596, Period End: 7904
Opened: 490, Closed: 182, Net Growth: + 308(4%)

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