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Author Topic: mobile bitcoin atm  (Read 1104 times)
mizerydearia (OP)
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August 14, 2011, 12:07:00 AM
 #1

Something like this as a mobile bitcoin atm would be awesome!

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gamathers
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November 18, 2015, 04:18:46 PM
 #2

Looks like a prime candidate for carjacking.  Cheesy
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November 18, 2015, 04:39:16 PM
 #3

i dont think that is a good idea,even mobile money ATM can be very have a risk,easy to rob,easy get violence. as you know that static ATM also very easy to rob and stole.lets think about bitcoin ATM on car,it more dangereous,bitcoin can be stole quickly,and it poblem should be solve when you think you have idea to open bitcoin ATM on car.
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November 18, 2015, 04:39:45 PM
 #4

it would be the best door to door service.
unamis76
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November 18, 2015, 05:27:58 PM
 #5

I'm impressed, never seen such an ATM Cheesy I guess you can step on the gas and escape if you're being robbed or something... Anyways, I don't think this would be an advantage. It would only probably be feasible if the fiat there was withdrawn very frequently by the operators.
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November 18, 2015, 07:34:05 PM
 #6

That is pretty cool!Never saw anything like that before. But I think from legal and regulatory perspective such a kind of BTC ATM is not possible.
Imagine a Mike Tyson BTC ATM van driving around Las Vegas Strip! Cheesy
What type of van is that by the way?
belmonty
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November 18, 2015, 07:45:17 PM
 #7

There are fake fiat ATMs that people install temporarily in a wall to trick people into giving their pin. The fake ATM also records the magnetic strip data, then says its run out of money. A cloner uses the information to clone your card and rob you. Putting a fake ATM in a van would be a damn site easier than putting one temporarily into a wall.

A mobile Bitcoin ATM might not be as easy to fake, but it's a risk. You send your Bitcoins to an address it produces, then it says its run out of money, and the van driver's disappeared.
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November 18, 2015, 09:13:04 PM
 #8

Yes indeed that would be awesome but given the time it takes for bitcoin ATM to process approval of transaction before going through the transaction itself, it won't be advisable since mobile ATM's are normally in crowded places wherein there isn't any other ATM's nearby therefore due to security risks and more population and less privacy, it wouldn't be safe to have a Mobile Bitcoin ATM Machine as much as how amazing it would be

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NorrisK
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November 18, 2015, 09:30:01 PM
 #9

Could work pretty well as there wouldn't be any real cash in the vehicle.

Fiat atm in this way is just crying for a scam or getting stolen. For bitcoin it might just work, as well as extra promotion.
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November 18, 2015, 10:13:49 PM
 #10

Looks like a prime candidate for carjacking.  Cheesy

Haha you are right. If I would see this thing in the streets, I would never get into it just with that thought on my mind! Smiley
AndySt
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November 18, 2015, 10:35:05 PM
 #11

I think it's a good idea for the first time. The most important thing to know the schedule of arrival and departure of this miracle of technics Grin
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