2014-04-04 newsBTC - The Bitcoin ATM Nightmare [video]

[TheIrishman]

The Bitcoin ATM Nightmare [video]

http://newsbtc.com/2014/04/04/video-bitcoin-atm-nightmare/

<< Will and Norm from Tested recently tried their hand at purchasing bitcoin, and to sum it up in one short sentence: it turned out to be a disaster. >>

[CoinMode]

The Bitcoin ATM Nightmare [video]

http://newsbtc.com/2014/04/04/video-bitcoin-atm-nightmare/

<< Will and Norm from Tested recently tried their hand at purchasing bitcoin, and to sum it up in one short sentence: it turned out to be a disaster. >>

Robocoin does look ridiculously complicated. I would never use one. Bitcoin doesn't need crappy ATMs such as this unwieldy junk. Better luck to them on making Robocoin 2.

[LiteCoinGuy]

whats worse: alot (to much scanning) ID checking and so on ....but remember, we are at the beginning of this.

[Monkeyseemonkeydo]

I can't watch this video now. Tell me what is it about please

[Lethn]

It's actually really embarassing to watch, they're complaining about the time it takes and the fact they have to go withdraw money from ATM in order to put it into to buy 1BTC when if they just bought about $50 worth they'd get it a lot faster etc. etc. That said, it would be a hell of a lot simpler if people simply issued paper wallets for USD or did person to person transactions at an exchange rather than deal with this ATM bullshit, I'd think twice about using them too.

I think there are much simpler ATM's out there? Pretty sure there are.

Edit: Yes, this one is much better: https://www.youtube.com/watch?v=UgLLWoB3Z2I

[bryant.coleman]

If experienced BTC users are not able to use a Bitcoin ATM, then there is something seriously wrong with it. I hope that the Lamassu and the other BTC ATMs are not this complicated.

[hilariousandco]

The Bitcoin ATM Nightmare [video]

http://newsbtc.com/2014/04/04/video-bitcoin-atm-nightmare/

<< Will and Norm from Tested recently tried their hand at purchasing bitcoin, and to sum it up in one short sentence: it turned out to be a disaster. >>

Robocoin does look ridiculously complicated. I would never use one. Bitcoin doesn't need crappy ATMs such as this unwieldy junk. Better luck to them on making Robocoin 2.

It does seem like quite a faff. Wouldn't be too keen on giving all that info away. Best and probably easier to buy from other places until there are quicker ATMs available.