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Author Topic: Hows the bitcoin ATM doing since bitbills is MIA?  (Read 1038 times)
Bitcoin Swami (OP)
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September 08, 2011, 03:50:46 AM
 #1

Just watched this video.

http://www.youtube.com/watch?v=Lnq2I-N-xYQ

It spits out bitbills but according to some folks on here they are MIA?
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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julz
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September 08, 2011, 05:21:48 AM
 #2

I've also been wondering about bitbills.
I ordered just before the mybitcoin problem and got mine ok, but I do wonder if they were hit hard by this issue and weren't able to fulfill all the affected orders?

If so, I hope they approach some bitcoin community member(s) with deep BTC pockets with a view to investing to get them through this.

Anyway - a public statement from bitbills is long overdue.
 

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ampirebus
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September 08, 2011, 02:11:29 PM
 #3

id never buy from a "company" with no listed phone #
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September 08, 2011, 02:15:36 PM
 #4

id never buy from a "company" with no listed phone #
...or one that appears on The Bitcoin Show

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jrtubs
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September 08, 2011, 02:29:23 PM
 #5

i recall reading a post regarding Bitbill's and mybitcoin

"We did use mybitcoin for payment processing, and only payment processing. Fortunately, we withdraw most transactions almost immediately, so we had only a trivial balance on mybitcoin when they closed up shop.
Orders have been paused while we setup our own, in-house payment processing. We realize this is the safest solution moving forward.
All orders will ship out as expected. Orders for just Bitbills are still generally shipping within 3 days. Orders with bank cards included are backlogged slightly as we scale production, but should be shipping out by Friday.
Please email us if you have any questions about your individual order, and feel free to post any general questions in this thread!"

https://bitcointalk.org/index.php?topic=33401.0
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