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Author Topic: BITCOIN ATM MACHINES  (Read 7415 times)
ElMoIsEviL
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April 22, 2012, 02:18:11 AM
 #21

Wouldn't a smartphone and a secured home server not be better (wallet/bank account) than some 3rd party ATM?

Experience has taught me that individuals who provide services such as ATMs or even online payment services do a crummy job on security. We've witnessed this time and time again. I'd rather rely on myself then on others.

Of course this means working on a more secure variant of the Linux operating system as well as a secure variant of Android would be preferable in order to make this reality. My 2 cents.

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April 22, 2012, 02:49:45 AM
 #22

Wouldn't a smartphone and a secured home server not be better (wallet/bank account) than some 3rd party ATM?

Bitcoin is such an incredibly tiny and geographically diffuse economy right now that the odds of physical merchants accepting them is going to remain low for a long time.  An ATM network is a couple of orders of magnitude easier to create than a network of Bitcoin POS terminals.

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April 24, 2012, 08:19:02 AM
 #23

BitcoinATM code is now officially an open source effort.

https://github.com/BitcoinATM

See the main post:  https://bitcointalk.org/index.php?topic=77895.msg866162#msg866162

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February 08, 2017, 03:10:52 AM
 #24

BitcoinATM code is now officially an open source effort.

https://github.com/BitcoinATM

See the main post:  https://bitcointalk.org/index.php?topic=77895.msg866162#msg866162


Whop is using this code?

Who are the players in the Bitcoin ATM world today?
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February 08, 2017, 12:59:09 PM
 #25

a bitcoin atm machine would be cool.   plug in your USB stick that contains your wallet.dat, and withdrawal the amount of Cash you need.   

Yeah I'm also wishing that I can find a Bitcoin ATM Machines here in our place. Smiley So that it will be convenient for me to withdraw the money from BTC wallet. Smiley

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February 08, 2017, 01:18:36 PM
 #26

BitcoinATM code is now officially an open source effort.

https://github.com/BitcoinATM

See the main post:  https://bitcointalk.org/index.php?topic=77895.msg866162#msg866162


Whop is using this code?

Who are the players in the Bitcoin ATM world today?

Switzerland is increasingly adding more and more ATM bitcoin machines all over the place. For such a small country, you can find them all over, it's so easy to find them now, in ever train place you can find them.

I think Switzerland is trying to become a major player for the future to become a bitcoin safe haven.

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February 08, 2017, 01:29:27 PM
 #27

a bitcoin atm machine would be cool.   plug in your USB stick that contains your wallet.dat, and withdrawal the amount of Cash you need.   
it will be cool but it can be horrible for sure how if that atm machine hacked already and put your usb stick? And then get all your bitcoin for sure you'll be cry maybe bank is good and then withdraw anytime you needed money it more be cool than using atm machine? Or maybe we can have a physical card than using virtual card from internet right?

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February 08, 2017, 01:46:47 PM
 #28

a bitcoin atm machine would be cool.   plug in your USB stick that contains your wallet.dat, and withdrawal the amount of Cash you need.   
it will be cool but it can be horrible for sure how if that atm machine hacked already and put your usb stick? And then get all your bitcoin for sure you'll be cry maybe bank is good and then withdraw anytime you needed money it more be cool than using atm machine? Or maybe we can have a physical card than using virtual card from internet right?

using our usb stick in atm machine can make us to get trouble because we know that usb stick can contain a virus that will affect to our usb. so maybe i am prefer to use atm card to used in the atm machine because i think its difficult to get hacked when we use the card although there is 100% guarantee to be safe. at least we can avoid the bad thing that will come to us.

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February 08, 2017, 02:15:32 PM
 #29

using our usb stick in atm machine can make us to get trouble because we know that usb stick can contain a virus that will affect to our usb. so maybe i am prefer to use atm card to used in the atm machine because i think its difficult to get hacked when we use the card although there is 100% guarantee to be safe. at least we can avoid the bad thing that will come to us.
I agree, I choose also to use the same thing with the bank, the usual and common card. It is safer that a USB stick because it can't infected by a virus and easy to use. It would really great if we could have a Bitcoin ATM machines because here in our country I don't have an idea yet maybe I can ask the staffs of our local exchange.

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February 08, 2017, 02:19:10 PM
 #30

A better idea is for the machine to display a QR Code, you scan it and send your bitcoins to that address (using your own device), then you get your cash. Putting your private key data on a public machine is kinda dumb. The problem is that an ATM can't afford to wait several minutes for confirmation (though there are solutions).
This is exactly what I was thinking while reading the original post created back in 2012. Roll Eyes
Why a usb stick? Not even banks allow their employees to plug in a usb stick into their own work computer so why would allow just anyone to plug a foreign usb into their own atm machine?
That is a major foe pas to cripple the network with malicious code.
Everybody now 5 years later has a phone on them with camera capabilities. So they will use it to transfer the coins.
And the posts regarding the locations of said atm's.
There is an app for that. Wink
It has been mentioned quite frequently lately on other threads.
Just search for it. Smiley
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February 10, 2017, 07:13:32 AM
 #31

a bitcoin atm machine would be cool.   plug in your USB stick that contains your wallet.dat, and withdrawal the amount of Cash you need.   
Bitcoin atm machine, yes it's a great idea and it has become a reality. Bitcoin is not subject to the management of any bank, the State, but reappears Bitcoin atm machine. The arrival of Bitcoin atm machine has increased its popularity with many people. In my country, two Bitcoin atm machine  appeared although it has not been officially recognized. I've used it, it is quite useful. However it can only buy and sell, non-functional send Bitcoin. You'll have to enter your number of phone to receive verification codes, then use your Bitcoin wallet to buy or sell. The transaction is done pretty quickly and easy you will receive an invoice shortly after. With this machine, we can use  Bitcoin more convenient. I enjoyed it, hoping that it will complete more functions in the future Cheesy

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February 11, 2017, 09:25:29 AM
 #32

BitcoinATM code is now officially an open source effort.

https://github.com/BitcoinATM

See the main post:  https://bitcointalk.org/index.php?topic=77895.msg866162#msg866162


Whop is using this code?

Who are the players in the Bitcoin ATM world today?

Switzerland is increasingly adding more and more ATM bitcoin machines all over the place. For such a small country, you can find them all over, it's so easy to find them now, in ever train place you can find them.

I think Switzerland is trying to become a major player for the future to become a bitcoin safe haven.

That is interesting... I remember them appearing in Spain years ago and then they went away...
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February 11, 2017, 09:29:41 AM
 #33

a bitcoin atm machine would be cool.   plug in your USB stick that contains your wallet.dat, and withdrawal the amount of Cash you need.   
Yes it is good, unfortunately there are not many bitcoin ATM machine around the world
should there are developer whom be serious building projects of ATM machine,
although it will taking much time because not all of the people who know and use bitcoin
on their life.
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February 11, 2017, 09:31:23 AM
 #34

ATM would be cool, horrible implementation. Too easy for the ATM to record all wallet.dat files, then take people's bitcoins long after they've forgotten about the atm...

In Israel we have a bitcoin ATM.

It's really simple, you just need to:
1. scan your wallet address barcod
2. put in some cash
3. aprove the transaction
4. wait for the transaction to your wallet

I think it should become more and more common everywhere in the world.
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February 11, 2017, 09:33:47 AM
 #35

a bitcoin atm machine would be cool.   plug in your USB stick that contains your wallet.dat, and withdrawal the amount of Cash you need.   
Yes it is good, unfortunately there are not many bitcoin ATM machine around the world
should there are developer whom be serious building projects of ATM machine,
although it will taking much time because not all of the people who know and use bitcoin
on their life.
I agree so. I am glad that I live in the area which accepts Bitcoin and some people have already developed the Bitcoin ATM in a small pizza restaurant. The machine works fast and absolutely astonishing. However, there is still a problem: I have to wait for about 15' to 20' before I can receive my funds because the ATM need to connect to the blockchain and wait for my Bitcoin to be confirmed


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audaciousbeing
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February 11, 2017, 09:40:55 AM
 #36

ATM would be cool, horrible implementation. Too easy for the ATM to record all wallet.dat files, then take people's bitcoins long after they've forgotten about the atm...

In Israel we have a bitcoin ATM.

It's really simple, you just need to:
1. scan your wallet address barcod
2. put in some cash
3. aprove the transaction
4. wait for the transaction to your wallet

I think it should become more and more common everywhere in the world.

Wow, this is so cool and this gives a credence to the fact that bitcoin is here to stay and further diminishing the argument that bitcoin will fizzle out soon by the doom prophets. Over here, we have not developed to that extent as we dont even have a store yet but its going to be cool if we could have some but we will still need to fix our foreign exchange rate first for us to start moving to that phase of development.

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February 11, 2017, 09:41:03 AM
 #37

There are hardly up to 10 Bitcoin ATMs in my country having a population of more than 1.30 billion, however very few of them heard about bitcoin. On the other hand, bitcoin companies are trying to build big awareness about bitcoin and I see this as an opportunity for bitcoin enthusiastic users to be a pioneer in crypto payments. Bitcoin ATM would be really a cool thing to start with but for that, we need to research and work as per central bank’s guidelines.

CraigWrightBTC
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February 16, 2017, 03:19:31 PM
 #38

a bitcoin atm machine would be cool.   plug in your USB stick that contains your wallet.dat, and withdrawal the amount of Cash you need.   
Yes it is good, unfortunately there are not many bitcoin ATM machine around the world
should there are developer whom be serious building projects of ATM machine,
although it will taking much time because not all of the people who know and use bitcoin
on their life.
I agree so. I am glad that I live in the area which accepts Bitcoin and some people have already developed the Bitcoin ATM in a small pizza restaurant. The machine works fast and absolutely astonishing. However, there is still a problem: I have to wait for about 15' to 20' before I can receive my funds because the ATM need to connect to the blockchain and wait for my Bitcoin to be confirmed
You are lucky man and I have good news if you or other people who want make business on bitcoin ATM please check this link https://news.bitcoin.com/start-bitcoin-atm-business/
actually I am interested with this business although there are not people who use bitcoin,
unfortunately I don't have enough capital for building this business.
severaldetails
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February 16, 2017, 03:49:45 PM
 #39

a bitcoin atm machine would be cool.   plug in your USB stick that contains your wallet.dat, and withdrawal the amount of Cash you need.   
Yes it is good, unfortunately there are not many bitcoin ATM machine around the world
should there are developer whom be serious building projects of ATM machine,
although it will taking much time because not all of the people who know and use bitcoin
on their life.
I agree so. I am glad that I live in the area which accepts Bitcoin and some people have already developed the Bitcoin ATM in a small pizza restaurant. The machine works fast and absolutely astonishing. However, there is still a problem: I have to wait for about 15' to 20' before I can receive my funds because the ATM need to connect to the blockchain and wait for my Bitcoin to be confirmed
You are lucky man and I have good news if you or other people who want make business on bitcoin ATM please check this link https://news.bitcoin.com/start-bitcoin-atm-business/
actually I am interested with this business although there are not people who use bitcoin,
unfortunately I don't have enough capital for building this business.
I had an bitcoinatm not too far away from me, and it closed...
Unfortunatelly not every country is as far developed in things of bitcoin than Switzerland is.
The ATM in my region was closed because nobody used it. What a shame.

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February 16, 2017, 04:12:25 PM
 #40

a bitcoin atm machine would be cool.   plug in your USB stick that contains your wallet.dat, and withdrawal the amount of Cash you need.   

It's cool concept only if goverment have approve bitcoin project meanwhile My goverment still forbid bitcoin usage so this concept is impossible for happening at my place.

I'm imagine if bitcoin ATM exist, it must provide more secure safety as my people able to hack my fiat ATM

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