2013-05-02 1PM BitcoinATM Press Demo, San Diego CA

[SilverVigilante]

On March 25, 2013, Canadian media and technology entrepreneur, Jeff Berwick, announced the completion of the world’s first BitcoinATM machine and announced it would soon take it to market.

Today, just over one month later, BitcoinATM is announcing its grand inauguration and launch press conference and reception.  BitcoinATM will be unveiling its G6000 BitcoinATM at the Hotel Del Coronado in the Yorke Room in San Diego, CA on Thursday, May 2, 2013 at 1pm.
The machine will be displayed and presented as fully functional for both cash in and cash out capabilities with a real time presentation showing the funds flowing into or out of bitcoin wallets.

The company garnered much media attention over the past month with its plans to bring Bitcoin to mainstreet with its ATM, which, unlike traditional ATM’s, features cash-in and cash-out capabilities for users looking to either buy bitcoins or sell bitcoins.  
Cementing itself among the forefront of Bitcoin startups, BitcoinATM maintains its plan to place an ATM in Cyprus, as well as throughout the Americas and the world.

Since announcing its technology, the company has received franchisee inquiries from 300  groups in over 30 countries spanning every continent on the globe except Antarctica.  BitcoinATM is also in the process of closing a first round of fundraising expected to be in the $1-3 million range to handle growth and demand.  

There is a limited number of space available for the afternoon gathering and a large amount of interest, so BitcoinATM asks all media and interested parties to send the company an e-mail to RSVP to justin@bitcoinatm.com.
For more information on BitcoinATM you can go to www.bitcoinatm.com.

[JayCoin]

I am interested in seeing their solution for actually withdrawing money from a bitcoin address.  I would also like to see and actual product in action instead of an ATM with a bitcoin logo Photoshopped on top of it.

[chriswilmer]

Woo!

[chriswilmer]

Note to OP, there is a typo in your link.

[kiba]

Need date in title.

[BTCLuke]

I am interested in seeing their solution for actually withdrawing money from a bitcoin address.  I would also like to see and actual product in action instead of an ATM with a bitcoin logo Photoshopped on top of it.

Seems you haven't been to their website then:

[Dargumin]

On March 25, 2013, Canadian media and technology entrepreneur, Jeff Berwick, announced the completion of the world’s first BitcoinATM machine and announced it would soon take it to market.

Today, just over one month later, BitcoinATM is announcing its grand inauguration and launch press conference and reception.  BitcoinATM will be unveiling its G6000 BitcoinATM at the Hotel Del Coronado in the Yorke Room in San Diego, CA on Thursday, May 2, 2013 at 1pm.
The machine will be displayed and presented as fully functional for both cash in and cash out capabilities with a real time presentation showing the funds flowing into or out of bitcoin wallets.

The company garnered much media attention over the past month with its plans to bring Bitcoin to mainstreet with its ATM, which, unlike traditional ATM’s, features cash-in and cash-out capabilities for users looking to either buy bitcoins or sell bitcoins.  
Cementing itself among the forefront of Bitcoin startups, BitcoinATM maintains its plan to place an ATM in Cyprus, as well as throughout the Americas and the world.

Since announcing its technology, the company has received franchisee inquiries from 300  groups in over 30 countries spanning every continent on the globe except Antarctica.  BitcoinATM is also in the process of closing a first round of fundraising expected to be in the $1-3 million range to handle growth and demand.  

There is a limited number of space available for the afternoon gathering and a large amount of interest, so BitcoinATM asks all media and interested parties to send the company an e-mail to RSVP to justin@bitcoinatm.com.
For more information on BitcoinATM you can go to www.bitcointatm.com.

EDIT

I see it on the main website now!   This is going to be BIG news I think!

[420]

so I can come see right?

[Grouver (BtcBalance)]

If they ban bitcoin they will also ban these ATMs.
I wonder whats gonna happen if they will ban these exchanges.

Untill then, this is indeed BIG.. BIG... NEWS!

[Dusty]

I really look forward to this ATM.

A friendly advice to Jeff: please quit smoking on video :-D
(I'm referring to one of his recent interviews)

[Stephen Gornick]

If anyone from BitcoinATM wants to chat with Bitcoiners, an event downtown San Diego is this evening:
 - http://www.meetup.com/Bitcoin-in-San-Diego/events/115732702/

[kiba]

I pmed this dude, and he won't even correct it! What a douche!

[Mike Christ]

I pmed this dude, and he won't even correct it! What a douche!

Let's go to his house and throw calendars at it.

[jl2012]

I am interested in seeing their solution for actually withdrawing money from a bitcoin address.  I would also like to see and actual product in action instead of an ATM with a bitcoin logo Photoshopped on top of it.

I guess it will be done like this:

1. User enters the desired amount of fiat.

2. ATM returns a BTC address with the required BTC amount

3. User transfers BTC to the address within a few minutes

4. Either the ATM or the user provides a passcode

5. User returns after 1 hour, enters the passcode, collects physical cash

User may also do steps 1 to 4 at home and collect physical cash later at the ATM

[kiba]

2013-5-2 should be 2013-05-02

[Piper67]

I am interested in seeing their solution for actually withdrawing money from a bitcoin address.  I would also like to see and actual product in action instead of an ATM with a bitcoin logo Photoshopped on top of it.

I guess it will be done like this:

1. User enters the desired amount of fiat.

2. ATM returns a BTC address with the required BTC amount

3. User transfers BTC to the address within a few minutes

4. Either the ATM or the user provides a passcode

5. User returns after 1 hour, enters the passcode, collects physical cash

User may also do steps 1 to 3 at home and collect physical cash later at the ATM

Or the machine can give you the option for an instant transaction by using easywallet or another off-blockchain solution

[jl2012]

I am interested in seeing their solution for actually withdrawing money from a bitcoin address.  I would also like to see and actual product in action instead of an ATM with a bitcoin logo Photoshopped on top of it.

I guess it will be done like this:

1. User enters the desired amount of fiat.

2. ATM returns a BTC address with the required BTC amount

3. User transfers BTC to the address within a few minutes

4. Either the ATM or the user provides a passcode

5. User returns after 1 hour, enters the passcode, collects physical cash

User may also do steps 1 to 3 at home and collect physical cash later at the ATM

Or the machine can give you the option for an instant transaction by using easywallet or another off-blockchain solution

Yes, or green address

[kjlimo]

Exciting times.  I just e-mailed them to see how I can get my hands on one for Cleveland.

[bitpop]

Damn I'm driving there

[Dusty]

No more ATM: http://dollarvigilante.com/blog/2013/5/2/my-official-withdrawal-from-the-bitcoinatm-project.html

Looks like it was only a plan to sell high and rebuy much lower