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Author Topic: 1st bidirectional ATM in Belgium  (Read 3919 times)
Aswan
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December 14, 2014, 01:00:29 PM
 #21

Hello,

may I suggest offering an alternative way in order to collect your cash? Not everyone wants to provide his phone number and maybe someone is just there with his laptop etc. or does not want to use his phone for bitcoins.
What you could do is either ask for the phone number and do the SMS thingy in order to release the notes, or post a message that has to be signed by one of the addresses the payment came from.
The latter would obviously be more save since it cannot be intercepted the way an SMS can.
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Nono242 (OP)
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December 14, 2014, 01:11:26 PM
 #22

Hello,

may I suggest offering an alternative way in order to collect your cash? Not everyone wants to provide his phone number and maybe someone is just there with his laptop etc. or does not want to use his phone for bitcoins.
What you could do is either ask for the phone number and do the SMS thingy in order to release the notes, or post a message that has to be signed by one of the addresses the payment came from.
The latter would obviously be more save since it cannot be intercepted the way an SMS can.
Thank you for the ideas. We will analyze them.

Nevertheless, I've from first reading some remarks:
The BTM has to be used as an entry point for bitcoins. The use of the machine is already difficult for someone who isn't aware how bitcoin wallets works. If you  want on top of that use signature, only the bitcoin geek will understand. Or maybe I don't understand the point?
How do you intercept SMS? It is a very difficult task to do. The air interface between the mobile and the radio network is encrypted. As far as I know, there is no way to decrypt it on the fly.
Aswan
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December 15, 2014, 05:34:24 PM
 #23

Thank you for the ideas. We will analyze them.

Nevertheless, I've from first reading some remarks:
The BTM has to be used as an entry point for bitcoins. The use of the machine is already difficult for someone who isn't aware how bitcoin wallets works. If you  want on top of that use signature, only the bitcoin geek will understand. Or maybe I don't understand the point?

When buying BTC, there does not need to be a signature since the notes can be counted instantly and the BTC can be paid out.

It's for selling BTC. When you sell BTC and need to wait for confirmations, you return later to the BTM and sign a message is shows you in order to get your draghi papers.
Also, I just meant it to be an alternative so you dont have to provide your phone number. When buying, you don't need a phone number wither since you don't have to return later to collect your coins.

How do you intercept SMS? It is a very difficult task to do. The air interface between the mobile and the radio network is encrypted. As far as I know, there is no way to decrypt it on the fly.
It's not a trivial task, thats true. I honestly don't wanna talk about it in public, will send a PN.
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December 19, 2014, 03:09:57 PM
 #24

With our Christmas deals, buy Bitcoins with a 50% fee cut until 26/12 6pm!
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December 23, 2014, 07:19:52 PM
 #25

Don’t forget the ongoing Christmas deal to get Bitcoin! 50% cut on fee until 26/12 6pm
Nono242 (OP)
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January 25, 2015, 11:14:03 AM
 #26

New Year, new limits! Daily limit has been raised to EUR 1000 for buying and selling #bitcoins with GSM only authentication.

For id_verified people, there is also a new increased limit.
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May 17, 2015, 12:26:36 PM
 #27

BTM is now at the "Next Level", taking the sunshine in good company! Look at the picture: Terrace, on second floor same location. Enjoy our New Location DEAL! From Monday 18th May to Saturday 23rd, sell Bitcoins for cash at an exceptionally low 2% commission rate!
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June 10, 2016, 10:39:16 AM
 #28

Updated with the new location. BTM is back available
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