Bitcoin ATM - Jeff Berwick (Dollar Vigilante) official withdrawal

[flavius]

Flavius needs to lrn2publickeycryptography. It is mathematically impossible (with current computing systems) to generate the private key from the public key and therefore drain the wallet via the receiving address.

If the machine did that, it is not "flawed," it is "an advanced supercomputer far beyond the likes of which we have ever seen on Planet Earth and should be worshipped by everyone."

All I know is the ATM is not functional and my friend has already stolen over 20k from the machine.

[smoothie]

I must say that I am disappointed that Jeff did not look into the legalities of opening up an ATM within the US before going on the main stream media outlets and touting his plans to open BitcoinATM.

Now it makes him look stupid to the people who were watching his interview.

What is up with Bitcoin businesses and being half-assed?

BFL

Bitcoinica

MtGox

BitInstant

BitcoinATM

The Bitcoin Show

Bitcoin Magazine (early days)

[humanitee]

I must say that I am disappointed that Jeff did not look into the legalities of opening up an ATM within the US before going on the main stream media outlets and touting his plans to open BitcoinATM.

Now it makes him look stupid to the people who were watching his interview.

What is up with Bitcoin businesses and being half-assed?

BFL

Bitcoinica

MtGox

BitInstant

BitcoinATM

The Bitcoin Show

Bitcoin Magazine (early days)

+ Coinlab

[mgio]

So funny, when I saw "withdrawal" in the headline, I thought he had put money in and withdrew bitcoins from it, lol.

[Frozenlock]

I'm still waiting to see how the official launch goes.

[BubbleBoy]

All I know is the ATM is not functional and my friend has already stolen over 20k from the machine.

Yes, the fact that 20k was stolen out of a prototype locked in some lab clearly spells the end of this ATM folly. The fact that you heard it from "friend" is conclusive proof. You seem like a legit and upstanding guy.

[superduh]

All I know is the ATM is not functional and my friend has already stolen over 20k from the machine.

Yes, the fact that 20k was stolen out of a prototype locked in some lab clearly spells the end of this ATM folly. The fact that you heard it from "friend" is conclusive proof. You seem like a legit and upstanding guy.

apparently he's also figured out how to cash out using only the public key.. my friend told me there are aliens coming to this event disguised as humans

[Frozenlock]

apparently he's also figured out how to cash out using only the public key.. my friend told me there are aliens coming to this event disguised as humans

It's called "I figured out how to crack the world's cryptography, but I just use it to steal from a prototype ATM."

[phorensic]

I like how he used the word "withdrawal" when getting fired from an ATM project, lol.

[Jaques]

bitcoinATM presentation @livestream;

http://new.livestream.com/accounts/3824848/events/2074798

[razibuzouzou]

Just managed to skip livestream registration, the video is directly available here : http://vod7.livestream.com//events/00000000001fa8ae/4c39b98e-c935-4384-b807-1e880f63ab6c_225.mp4

[bitcon]

Just managed to skip livestream registration, the video is directly available here : http://vod7.livestream.com//events/00000000001fa8ae/4c39b98e-c935-4384-b807-1e880f63ab6c_225.mp4

holy 2gigs.   i'd rather dl the blockchain again.  maybe someone can get it up on youtube?

[The-Real-Link]

I let it trickle download while doing a few other things... Came back to see the dl stalled.  Actually it completed after downloading about 155 MB.  The time length however, compared to the stream does match up so maybe it's calling up a wrong file size?  Not sure.

[shawshankinmate37927]

I must say that I am disappointed that Jeff did not look into the legalities of opening up an ATM within the US before going on the main stream media outlets and touting his plans to open BitcoinATM.

Now it makes him look stupid to the people who were watching his interview.

What is up with Bitcoin businesses and being half-assed?

BFL

Bitcoinica

MtGox

BitInstant

BitcoinATM

The Bitcoin Show

Bitcoin Magazine (early days)

+ Coinlab

Don't forget Coinbase and Zig Gap

[arepo]

Don't forget Coinbase and Zig Gap

what's wrong with coinbase?

and i dunno a successful withdrawal sounds like good news to me

[shawshankinmate37927]

Don't forget Coinbase and Zig Gap

what's wrong with coinbase?

https://bitcointalk.org/index.php?topic=155090.0

https://bitcointalk.org/index.php?topic=147341.0

https://bitcointalk.org/index.php?topic=155479

I also tried setting up an account with them myself, but was unable to, due to a glitch with their site.  I sent numerous e-mails to them over the course of two or three months to try and resolve the matter to no avail and finally had to just give up.

[axus]

Read what flavius wrote.  Flavius gave his friend a bitcoin address that had 0 bitcoins.  The friend then "withdrew" money from that address.

His friend did not steal bitcoins from flavius (or the ATM).  He stole dollars from the ATM.  No encryption was broken.

Something isn't quite right about what you're saying.

How did yoru friend withdraw BTC from your bitcoin wallet (to give the ATM in return for cash) if all he had was your public address?

The only way he could have sent the BTC is if he had full access to your wallet.

[Wuji]

Go back and read my posts after posts on how this was speculation and had so many hurdles.  Read where you called me (up 1600%) an idiot.  This guy got rich by pushing the price up (hello Mr Manipulator  ) and is probably selling off huge or sold back over $200 like I did.  Use your brain not your heart.  Buy low, sell high.  FFS.

All of you who lost money on this bullshit were robbed by this man.  Get your pitchforks and sharpen them.

false witness much?  i'll take facts over your conspiracy theory. i'd like to know just how many people invested just because of this "diabolical manipulator". Lulz

FACTS:

- They demonstrate a machine in Februrary.  The price there after starts going up like crazy all the way to $266, crashes to $55, bounces back to $170.
- Every time I ask about fundamentals permabulls go but but but BitcoinATM is REAL! and I say no it still hasn't passed gov regulation and there hasn't been one installed I can get on my jet and use anywhere on earth yet.
- New guy involved in Bitcoin ATM set to demonstrate yesterday is out of the project on the same day.  Price of bitcoin is now under $100 and falling.

Common sense much their chief?  Is this your first day or something, troll baiter much?

[RodeoX]

I'm just watching. One day there will be bitcoin ATMs. Someone serious is going to develop a safe, cheap, and legal machine and make a fortune. I stand ready to provide capitol, but you are going to have to have a business plan that takes into account the regulation that will come. 

[cbeast]

I really don't think that buying Bitcoins with cash needs to be regulated. It's buying cash with Bitcoin that will be. The latter is not really necessary in most cases.