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Author Topic: USA Bitcoin ATMs being destroyed. By gangs or by competitors?  (Read 2687 times)
erickkyut
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February 05, 2017, 09:27:07 AM
 #21

I think the reason why those ATMs in the USA is being destroye by the gangs is not because they want to steal bitcoin from it becausein the first place, the bitcoin are not thee so they really cannot steal it! The reason is that, they are gangsters! And we all know that it is in their nature to destroy something they want along the streets and vandalize it or make some graffiti on it.
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February 05, 2017, 09:30:57 AM
 #22

Whats the point in destroying the ATM? even if they are trying to steal shit the bitcoin arnt even there .....lol

its not about stealing bitcoin its more about these possible scenario's(top of list most relevant)
1. gangland protection blackmail
2. gangs have their own BTM's and destroying the competitor
3. gangs that lose value on a price dump and take it out on the BTM

#1 is very likely. This has been one of organized crime's cash cow for a long time now. Ask money for "protection" they wouldn't need anyway if it wasn't for you.

#2 is a bit unlikely. I don't see them wasting money for ATMs of something even the general public is has not embraced yet.

#3 is possible. They do have money at their disposal and some enterprising members might have invested their money on bitcoin or they could have been receiving their payments in btc.
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February 05, 2017, 09:36:26 AM
 #23

Only logical explanation is gangland blackmail. Maybe they want to be payed in bitcoins so it will help grow bitcoin community lol. Just joking, I think its pure vandalism, I suppose bitcoin atm's are not so protected like regular atm's, so adding a few cameras or putting them in more safely place can turn down those vandals.
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February 05, 2017, 09:38:57 AM
 #24

The culprit behind the destruction of atm machines were possibly syndicates or groups that are asking for protection money from the owners and when the company failed to do so they started breaking many devices to warn the company of what they are capable of. But hope the owner of atm machine would install cctv cameras or employ security guard so that goons and gangs will not be able to get closer to the machine.
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February 05, 2017, 09:41:19 AM
 #25

If the vandals destroy their competitors' machines they will very likely get more prospective customers for their own ATMs.
And they don't need to steal any money from their neighborhood shops when they can simply damage the equipment and receive money for not damaging any equipment any more.
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February 05, 2017, 09:42:47 AM
 #26

...

Here's a story I just caught with a pictured of a destroyed Bitcoin ATM in Northern Virginia:

https://www.reddit.com/r/Bitcoin/comments/5s3cbl/over_a_year_ago_i_discovered_a_batm_was_6_miles/

Apparently dozens of machines have been vandalized in the Midwest:

http://www.coindesk.com/bitcoin-atms-attacked-hammers-us-midwest/


This is disturbing news.  Where are the cops?

May I know if that ATM machine is only for bitcoin? And may I know if the other Atm Machine is destroyed too? If all Atm machine is destroyed too, it's gang they just want to destroy all ATM without any reason, they just destroying. If all ATM machine that connected to bitcoin is only destroyed it's competitors.

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February 05, 2017, 10:26:54 AM
 #27

It was an order by trump because the pieces of the ATMs were made in China this they are banned. Hahahaha either that or it was just some punks trying to hack them then got mad and vandalized them when they couldn't. The cops probably won't do anything. Why would they? Bitcoins are only used by criminals after all.
That might be true, just to show the opposition to China they could have done that. But what the News describes is that a protester supporting bitcoin to be the currency started protesting and in a short more than 150 people joined hands and which shortly got end with violence.
we cant be too sure Trump is destroying it, this does not support the news that trump causes the rise in price of bitcoin. Though more has been going to bitcoin lately from America, at least someone in power would have leaked the idea of atm destruction as trade war
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February 05, 2017, 10:40:22 AM
 #28

...

Here's a story I just caught with a pictured of a destroyed Bitcoin ATM in Northern Virginia:

https://www.reddit.com/r/Bitcoin/comments/5s3cbl/over_a_year_ago_i_discovered_a_batm_was_6_miles/

Apparently dozens of machines have been vandalized in the Midwest:

http://www.coindesk.com/bitcoin-atms-attacked-hammers-us-midwest/


This is disturbing news.  Where are the cops?

Hopefully those barbarians will be caught like Konja brothers and Co were caught recently. I hate when people are still trying to live in the past applying the rules of the past to today's life. They will fail, f**king morons.

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February 05, 2017, 10:46:29 AM
 #29

That's a sad news but there is a reason behind it. Bitcoin ATMs are not owned by big corporations or by any bank. SO it is a easy target for the vandals to destroy. They know if they vandalize bitcoin ATM, no big money players will be behind them. That is the reason it is an easy target for them.

However, I don't think they are being destroyed by any competitors. It is done by the local gangs. Because competitors know vandalizing bitcoin ATMs will not lower its popularity, instead more people will come to know about bitcoin from the local newspaper news, which may increase their popularity. 

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February 05, 2017, 10:56:34 AM
 #30

There is no way to steal bitcoin from ATM because bitcoin is virtual. Wait, bitcoin atm is really great idea because if we will think more deep, with broking atm there is no way of money stealing. Also most banks in USA don't want bitcoin integration with people and to my mind there is a hand of competitors. Elementary, explain if you can't stole money, why will you broke something with guarantee jail?

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February 05, 2017, 11:45:00 AM
 #31

I doubt gangsters are behind this, I believe this is the handiwork of some competitor fighting for territorial control, it could also be banks sponsored attack, they have money to fund such move if you are a threat to their business

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Gatorelf
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February 05, 2017, 11:56:37 AM
 #32

This is big brother telling little brother to move along now, this is my territory.
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February 05, 2017, 01:14:35 PM
 #33

I doubt gangsters are behind this,

hmm

fighting for territorial control

tell me, whats the behaviour that separate a 'group' from a 'gang'
oh yea fighting and wanting territorial control

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February 05, 2017, 02:22:29 PM
 #34

It was an order by trump because the pieces of the ATMs were made in China this they are banned. Hahahaha either that or it was just some punks trying to hack them then got mad and vandalized them when they couldn't. The cops probably won't do anything. Why would they? Bitcoins are only used by criminals after all.
That might be true, just to show the opposition to China they could have done that. But what the News describes is that a protester supporting bitcoin to be the currency started protesting and in a short more than 150 people joined hands and which shortly got end with violence.
we cant be too sure Trump is destroying it, this does not support the news that trump causes the rise in price of bitcoin. Though more has been going to bitcoin lately from America, at least someone in power would have leaked the idea of atm destruction as trade war
in fact Trump do not need to destroy, he has the power to take more big actions, but i think he is not going to challenge another community means the community of bitcoin users he is already facing so many challenges and he is not in position to start another war, therefore he is not going to take any action against bitcoin in near future.

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February 05, 2017, 03:11:28 PM
 #35

...

Here's a story I just caught with a pictured of a destroyed Bitcoin ATM in Northern Virginia:

https://www.reddit.com/r/Bitcoin/comments/5s3cbl/over_a_year_ago_i_discovered_a_batm_was_6_miles/

Apparently dozens of machines have been vandalized in the Midwest:

http://www.coindesk.com/bitcoin-atms-attacked-hammers-us-midwest/


This is disturbing news.  Where are the cops?

These low life fuckers need some ass whooping, what the heck! And where are the police in the Midwest area? Hope the fucking bring the fuckers to book because we can't let them destroy what we are all trying to build for our convenience.
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February 05, 2017, 03:12:58 PM
 #36

This is big brother telling little brother to move along now, this is my territory.

so you think it's the local congressman taking some time out from washington? could be. let's wait for the video evidence.
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February 05, 2017, 03:36:26 PM
 #37

This is big brother telling little brother to move along now, this is my territory.

so you think it's the local congressman taking some time out from washington? could be. let's wait for the video evidence.

Im thinking more on the line of banking executives trickle down thuganomics

there's an old saying "follow the money"
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February 05, 2017, 03:42:18 PM
 #38

's not too surprising to me, we know bitcoin has not been accepted by some people. Some countries prohibit the circulation bitcoin in their country. I think it is difficult to find out who is responsible for it. But it could also just as ganster who want to take money in the atm. All possibilities can happen and only god knows. Thank you
i think no one is against bitcoin, may be some people not taking interest in bitcoin, and these are the people who actually do not know about bitcoin. and once if bitcoin is introduced to them they they will certainly start interest in bitcoin and may be become a good investor of bitcoin. in fact still bitcoin need honest and devoted people to introduce it in such areas where people have no knowledge about bitcoin.
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February 05, 2017, 04:13:45 PM
 #39

frustrated or people with severe mental issues
Thissa rite here is about what mah own brain came up wit.  This worl' is big, an' they a lotta crazy ass folks in it, folks who'd destroy an ATM jist as easily as lookin' atcha.  Some people beat up machines jist ta hear 'em squeal.  Jist fo' the fun of it!

I think you're on to something Aunt Jemima. It may be just for fun.



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February 05, 2017, 05:53:01 PM
 #40

At the end of the day it could just be frustrated and/or people with severe mental issues who destroy said ATMs.


rotf just saw that,  I went through the frustration part and now I may suffer mental issues lol
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