bitcoin can't be robbed

[drwhobox]

Why should anyone even think in the dumb pattern of thinking,  this is total rubbish because trying to robe a Bitcoin ATM is something that seems unrealistic and yields zero results
Not as if Bitcoin has physical representation that could be carried away, so dragging that ATM away won't solve anything.

OP's title is click-baiting, Bitcoin can be robbed but not by robbing ATM machine. Hackers can rob your coins, if anyone knows about your bitcoin and force you to send your bitcoin to their wallet, it is called robbing. From ATM's prospective, if the atm has the feature to buy bitcoin with cash, the robbers can take the cash by breaking the ATM machine.

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[Mr.right85]

About 3 years ago world bandit break into bitcoin Atm thinking they could get some coin from it. So funny they found nothing to go with. I'm very sure they were disappointed . Bitcoin is mysterious 😄

https://twitter.com/pete_rizzo_/status/1632724529595154433?t=vnCJCK16Pa6jKPrgXFP7pA&s=19

Is this it! Is this what the bitcoin ATM looks like?? Not like it had to be so big as it won't be housing anything physical except some storage space but, I think they could have placed it nicely and maybe device means to make it look more prestigious.

It was a poorly cordinated heist where the culprits didn't do there research properly and so they failed. Seeking value where they could find it but, used the wrong approach.

The only way to bitcoin theft is in hacks and phishing attacks or cases where you hope to physically run a p2p and gets robbed eventually.
Some reasons why it's good to remain anonymous in conducting your crypto affairs.

[kryptqnick]

Technically, if people used the ATM to buy or sell fiat, there could be some cash in there, but perhaps there wasn't any on this particular way. After all, even the photo of the op features a place to insert cash with a cash symbol on it.
Also, one can have their BTC stolen, unfortunately, even though it's not physical cash. It can happen through malware accessing a BTC wallet, sharing a passphrase with someone, or an armed robbery where a person is forced to open the wallet and transfer the funds.

[Agbe]

The guy who did this is ignorant of how Bitcoin works, they thought it was a fiat-like machine where you can extract paper cash, and they thought that it works like all the other ATM, this is one of the funniest jokes about Bitcoin.
I'm sure those who did this are thinking why there is no cash on that ATM.

Exactly. "Ignorant is a disease" how on Earth someone planned to steal bitcoin in bitcoin ATM. The person is a serious illiterate in the universe. The robbers supposed know that bitcoin is a digital currency which can not be seen. Well I didn't blame them because they have not gotten the orientation from others and they are not ready learn from others but only interested to rob. This is a real joke.

[Yatsan]

The guy who did this is ignorant of how Bitcoin works, they thought it was a fiat-like machine where you can extract paper cash, and they thought that it works like all the other ATM, this is one of the funniest jokes about Bitcoin.
I'm sure those who did this are thinking why there is no cash on that ATM.

Exactly. "Ignorant is a disease" how on Earth someone planned to steal bitcoin in bitcoin ATM. The person is a serious illiterate in the universe. The robbers supposed know that bitcoin is a digital currency which can not be seen. Well I didn't blame them because they have not gotten the orientation from others and they are not ready learn from others but only interested to rob. This is a real joke.

Not all robbers are knowledgeable of technology and this currency in the first place but attempt is an attempt. Indeed bitcoin cannot be stolen in an ATM but it can be accessed through your device if the bad person knows how to. Crypto assets can be robbed, and to be precised, stolen. Therefore, investors still should be cautious of their actions to avoid such tendencies to occur. Keep this in mind; if you can access it then there would always be a way for others to do so especially if you will give them an idea or if you would be negligent of it. Bad persons are becoming more eager to do things so never be too confident.

[Magic-Money]

The world is changing into technology where security is upgrade time to time, for not Lost of funds or robbed from individual, which is Bitcoin is a digital assets which has adequate security for everyone as a result of private key.

[KiaKia]

Lol, it's pure understanding that you are lacking here OP, they don't know how to rob those Bitcoin off the ATM, and this doesn't mean it's impossible, with the right set of people and the right tools, something can always be done, do not underestimate anything in today's world.

Anyone who have the right knowledge about Bitcoin will never even think about robbing any Bitcoin ATM machine and if they do, then they already have their way, they are very well prepared.

Those robbers know too less about Bitcoin, that's my own believe, because if stealing from a Bitcoin ATM will ever be possible,  then you must already have something you are relying on, maybe some codes or gadgets.

[Bitstar_coin]

Lol that's hilarious. i mean imagine the look on their faces when they finally forced the atm open and saw nothing inside 
Am sure they must have thought they will get their hands on some shining gold coin only to see an empty space. This is part of the reason why btc is safe in a way from the naïve and clueless set of thieves. 

[|MINER|]

About 3 years ago world bandit break into bitcoin Atm thinking they could get some coin from it. So funny they found nothing to go with. I'm very sure they were disappointed . Bitcoin is mysterious 😄

It is true that bitcoin cannot be stolen or be robbed by the physical power but with the virtual power like hacking , phishing it can be possible that to stole bitcoin. But in the case what you mentioned on this topic I don't think they were that much disappointed because Bitcoin atm has a relationship with fiat currency. There must be some fiat currency and that is why I think the robbers are not getting that much disappointed how you said.

[rhodelmabanal]

About 3 years ago world bandit break into bitcoin Atm thinking they could get some coin from it. So funny they found nothing to go with. I'm very sure they were disappointed . Bitcoin is mysterious 😄

https://twitter.com/pete_rizzo_/status/1632724529595154433?t=vnCJCK16Pa6jKPrgXFP7pA&s=19

I remember a funny news from our local place the thief that is also ignorant about CCTV camera, imagine he also stolen the Cctv camera his face is shown very clear in monitor because he is very near to that camera and it is very easy for the police officer to find him on the next day. We can say that the person is ignorant and it is the same thing happen with the person who robbed the btc ATM Machine very funny they only robbed without knowing what is the thing they robbed or its uses.

[Hamphser]

About 3 years ago world bandit break into bitcoin Atm thinking they could get some coin from it. So funny they found nothing to go with. I'm very sure they were disappointed . Bitcoin is mysterious 😄
--
https://twitter.com/pete_rizzo_/status/1632724529595154433?t=vnCJCK16Pa6jKPrgXFP7pA&s=19

I remember a funny news from our local place the thief that is also ignorant about CCTV camera, imagine he also stolen the Cctv camera his face is shown very clear in monitor because he is very near to that camera and it is very easy for the police officer to find him on the next day. We can say that the person is ignorant and it is the same thing happen with the person who robbed the btc ATM Machine very funny they only robbed without knowing what is the thing they robbed or its uses.

Just like on what happened on Mr. Beast situation on which his house been robbed and the laptop where his bitcoins where stored and the private keys been put up there
on which he do believed that all of those coins been lost already but on the time he did check out the address, those coins are still intact which means that thief wasnt
really that aware about on what Bitcoin is and that what makes them as a moron. 

That Robber’s a F**ing Moron” – MrBeast Recalls His ‘Heart-Pounding’ Experience When He Almost Got Robbed Off $2,000,000 Of Bitcoin

So this one is really just that similar on which it is really just that a waste of effort of those thieves on missing out those huge gold mine. 

[Oasisman]

Technically, if people used the ATM to buy or sell fiat, there could be some cash in there, but perhaps there wasn't any on this particular way. After all, even the photo of the op features a place to insert cash with a cash symbol on it.
Also, one can have their BTC stolen, unfortunately, even though it's not physical cash. It can happen through malware accessing a BTC wallet, sharing a passphrase with someone, or an armed robbery where a person is forced to open the wallet and transfer the funds.

That's what I thought too. Robbers probably aimed for the cash inside that ATM, but unfortunately It seems like the ATM wasn't really used that much for the people nearby to purchase bitcoin using that ATM. I am also wondering, there might be some cash inside since it might offer deposit and withdrawal feature like the fiat ATM.  I didn't take a time to read the article though, dont know how the story goes, but if the Robbers were actually aiming for some physical Bitcoins, then I don't what else to say other than asking them if they just came out from the cave LOLOL!

[hd49728]

That's what I thought too. Robbers probably aimed for the cash inside that ATM, but unfortunately It seems like the ATM wasn't really used that much for the people nearby to purchase bitcoin using that ATM.

ATMs are public locations and you have to carefully choose what ATMs to use. Should avoid too remote areas and should not do it at nights.

Bitcoin ATMs are very last in your list of choices because transaction fees with Bitcoin ATMs are very expensive. You must know that you will have to pay more fees with Bitcoin ATMs than if you buy, sell coins directly at centralized exchanges, decentralized exchanges, Peer to peer marketplaces.

Bitcoin ATM Deposit Exchange Rate shocks

You can use cash on non KYC exchanges: https://kycnot.me/?cash=on

[bitzizzix]

About 3 years ago world bandit break into bitcoin Atm thinking they could get some coin from it. So funny they found nothing to go with. I'm very sure they were disappointed . Bitcoin is mysterious 😄

It is true that bitcoin cannot be stolen or be robbed by the physical power but with the virtual power like hacking , phishing it can be possible that to stole bitcoin. But in the case what you mentioned on this topic I don't think they were that much disappointed because Bitcoin atm has a relationship with fiat currency. There must be some fiat currency and that is why I think the robbers are not getting that much disappointed how you said.

If there is fiat in it, the robbers are lucky even if it is only a few pieces of fiat because the bitcoin ATM functions to exchange bitcoins for money and vice versa like an ATM so there must be fiat in it.
And if there is no fiat in the ATM, chances are that no one will be around to use it, and the robber is out of luck and there is bound to be emotion and regret that his efforts have been fruitless.
It seems that this incident will be a lesson for the robbers, and will think it is better to rob a fiat ATM than a bitcoin ATM.

[bayu7adi]

That's what I thought too. Robbers probably aimed for the cash inside that ATM, but unfortunately It seems like the ATM wasn't really used that much for the people nearby to purchase bitcoin using that ATM. I am also wondering, there might be some cash inside since it might offer deposit and withdrawal feature like the fiat ATM.  I didn't take a time to read the article though, dont know how the story goes, but if the Robbers were actually aiming for some physical Bitcoins, then I don't what else to say other than asking them if they just came out from the cave LOLOL!

Although a thief in a cave cannot obtain Bitcoin from an ATM, it is not accurate to claim that 'Bitcoin cannot be robbed'. To this day, there are still numerous cases of theft and scams involving Bitcoin. Hackers can still target all our data, which poses a threat to the wallets we keep secure.

As of now, I can still assert that Bitcoin ATMs (BTMs) are safe from thieves who are not familiar with the internet, technology, or blockchain. What we've been reading in the news is mostly about Bitcoin wallets with substantial balances. However, cases of Bitcoin wallets being hacked with small balances are not widely publicized. That means there's still a significant number of incidents that go unreported.

[2Pizza410000BTC]

About 3 years ago world bandit break into bitcoin Atm thinking they could get some coin from it. So funny they found nothing to go with. I'm very sure they were disappointed . Bitcoin is mysterious 😄

https://twitter.com/pete_rizzo_/status/1632724529595154433?t=vnCJCK16Pa6jKPrgXFP7pA&s=19

When the incident happened, a group of robbers may have thought that there might be bitcoins inside the ATM and if they break the ATM, they can retrieve the coins from inside and commit the robbery. They were so stupid that they didn't know that Bitcoin is not a physical coin but Bitcoin is a highly secure digital currency created by the unique formula of Satoshi Nakamoto.

[crypticj]

About 3 years ago world bandit break into bitcoin Atm thinking they could get some coin from it. So funny they found nothing to go with. I'm very sure they were disappointed . Bitcoin is mysterious 😄

Well, bitcoin CAM be robbed and it's gonna be even worse than with USD.
Criminals can make you send them your crypto and the bad thing is that you can't even go to the police because no one will find them and even if they are, no one will return your BTC because it's crazy easy to 'clean' BTC with mixers and other tools.

So in that way, bitcoin is very unsafe. That's why never share how much crypto you have.

[Asuspawer09]

About 3 years ago world bandit break into bitcoin Atm thinking they could get some coin from it. So funny they found nothing to go with. I'm very sure they were disappointed . Bitcoin is mysterious 😄

https://twitter.com/pete_rizzo_/status/1632724529595154433?t=vnCJCK16Pa6jKPrgXFP7pA&s=19

  Wells that's one way to rob Bitcoin I guess, They are probably rich getting a lot of Bitcoin on this one...

Surely the guy doesn't know a thing about Bitcoin robbing a Bitcoin ATM is not a great idea, I mean doesn't he even try to research or plan before even trying to do this? Just thought its some kind of ATM I mean there is a small chance if the ATM is also accepting Cash in or you could buy bitcoin on that ATM there is a chance there is cash on that ATM as well right?

But thinking about it Bitcoin wasn't actually robbed proof since anyone could easily force you to open your Bitcoin wallet, they could go into your house and force you to make a transaction sending money to their accounts which probably happened already to some people. I guess just to stay anonymous since Bitcoin is an investment and if you can't protect yourself like a rich billionaire gang that has bodyguards, security, etc. Just stay lowkey and don't post your earnings on Bitcoin on social media.

[michellee]

They don't know what Bitcoin is until they have to bring the ATM

But if they managed to open the ATM machine, they would find money inside. But if they don't find any money in the machine, they can sell the machine to someone else but that could risk getting caught by the authorities.

They should study before breaking into Bitcoin ATMs so they are not disappointed. And it looks like they have learned about breaking into Bitcoin or they are now even going to jail for being caught stealing the ATM.

[Blitzboy]

That's what I thought too. Robbers probably aimed for the cash inside that ATM, but unfortunately It seems like the ATM wasn't really used that much for the people nearby to purchase bitcoin using that ATM. I am also wondering, there might be some cash inside since it might offer deposit and withdrawal feature like the fiat ATM.  I didn't take a time to read the article though, dont know how the story goes, but if the Robbers were actually aiming for some physical Bitcoins, then I don't what else to say other than asking them if they just came out from the cave LOLOL!

Although a thief in a cave cannot obtain Bitcoin from an ATM, it is not accurate to claim that 'Bitcoin cannot be robbed'. To this day, there are still numerous cases of theft and scams involving Bitcoin. Hackers can still target all our data, which poses a threat to the wallets we keep secure.

As of now, I can still assert that Bitcoin ATMs (BTMs) are safe from thieves who are not familiar with the internet, technology, or blockchain. What we've been reading in the news is mostly about Bitcoin wallets with substantial balances. However, cases of Bitcoin wallets being hacked with small balances are not widely publicized. That means there's still a significant number of incidents that go unreported.

I think it's critical to distinguish between physical robbery of a Bitcoin ATM and virtual theft of Bitcoin. The former, as you've humorously pointed out, is an exercise in futility. Cryptocurrencies exist in the digital realm; one cannot "rob" them in the conventional sense.

However, you're correct that Bitcoin is not immune to theft. Sophisticated hacking techniques can compromise wallets, and phishing scams can trick individuals into revealing their private keys. We've witnessed these in the numerous high-profile security breaches that have hit crypto exchanges in recent years.

I'd suggest the discourse should focus on strengthening the security infrastructure of cryptocurrency systems. This involves stringent regulation of exchanges, educating users on secure handling of their private keys, and promoting hardware wallets for long-term storage. That's the way forward, don't you think?