Appreciate your interest in our Bitcoin Machine.
I think some background info will help explain how to profit from operating our machine.
The machine is quite straight-forward to operate. It requires a WiFi connection and power outlet, with an additional ethernet option available. Here's a quick demo of our demo model (same UI):
http://vimeo.com/66981171The machine can handle dual languages, or up to four languages at this point, and one currency at a time.
There will be a useful administrative interface that will enable you to choose Bitcoin exchange integration (BitStamp, MtGox, etc.), determine your fees/commissions, set limits, notifications, languages, and more.
We do not provide the exchange service, and do not take any recurring fees. The transaction fees you determine in the back-end are entirely yours. We like things to be clean and simple.
That is where your profit comes in. You take a transaction fee. If a machine gets $100K worth of transactions per month, and you take 3%, your gross profit is $3,000 for that month.
For volatility management, you can open a Bitcoin exchange account and configure it in the back-end. The flow when using an exchange would be: user inserts bills -> machine buys btc at same price off exchanges -> machine sends btc from buffer wallet -> user gets instant feedback on phone, The buffer wallet is essential since the exchanges can take minutes to hours to commit the transaction. Wallets such as Blockchain.info or your own remote wallet (preferred method) provide instant feedback to the user. Within moments of pressing SEND BITCOINS, the user's phone alerts him that he has unconfirmed bitcoins.
