thejaytiesto
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December 11, 2014, 11:35:34 AM |
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Why not, haven't heard of any occurrence so far.
Well, this was pretty embarrassing: https://www.youtube.com/watch?v=vnm4xFC2xNoNever cashed out and dont plan to, but i hope ATM is working by then. |
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newflesh
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December 11, 2014, 11:44:39 AM |
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Yeah I'd trust a btc ATM, you've got nothing to worry about unless.....  |
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SirChiko
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Activity: 966
Merit: 1000
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December 11, 2014, 12:28:27 PM |
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I trust BTC ATMs but only the established ones now the new companies till they aren't on market long enought time.
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The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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Notanon
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December 11, 2014, 02:48:20 PM |
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I'd probably use $20 for an ATM I've never used before, and then go up from there once I've established it is trustworthy. Probably never more than $100 at a time, though.
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allthingsluxury
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Activity: 1540
Merit: 1029
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December 11, 2014, 03:10:00 PM |
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Where is the risk in getting bitcoins?
You get the bitcoins...they can't be taken back.
Getting the bitcoins is the preferred outcome, however, there's a bit in the middle there where machine has your cash, and you have not got the bitcoins. Yah this is a risk you have to take, although you'll know if you were ripped off almost immediately and then could deal with. I doubt someone would want to put their expensive machine in that dangerous situation. |
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caga
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www.secondstrade.com - 190% return Binary option
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December 11, 2014, 03:23:49 PM |
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Where is the risk in getting bitcoins?
You get the bitcoins...they can't be taken back.
Getting the bitcoins is the preferred outcome, however, there's a bit in the middle there where machine has your cash, and you have not got the bitcoins. Yah this is a risk you have to take, although you'll know if you were ripped off almost immediately and then could deal with. I doubt someone would want to put their expensive machine in that dangerous situation. The cheapest bitcoin atm cost around 300-500$, and maybe if the owner gets a request for more, he could possibly keep your cash  JK, I don't think they will do this, there can be legal issues and their reputation would be at stake. |
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thejaytiesto
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Activity: 1358
Merit: 1014
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December 11, 2014, 06:54:48 PM |
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Well if you watch that video, you can see you risk not having your bitcoins delivered on time and being stuck on there, that would be hell. It definitely needs a lot of improvement and a better more anonymous and instant service.
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countryfree
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Your country may be your worst enemy
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December 11, 2014, 10:25:14 PM |
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Yeah I'd trust a btc ATM, you've got nothing to worry about unless..... Good pic. I guess I would not use a BTC ATM straight away after seeing it. I'll wait a while till I see some other people using it successfully. |
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randy8777
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Merit: 1000
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December 12, 2014, 12:20:41 AM |
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it depends on what kind of atm. i have read about atms that need to scan documents and such. these i will never trust. depends on the verification, really.
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jsgayo
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December 12, 2014, 03:39:50 AM |
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I have no experience Bitcoin ATM use and would like to try.
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sandy47bt
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December 12, 2014, 08:40:46 AM |
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It's hard to trust Bitcoin ATM for me
Expect i can buy bitcoin with paper money and no camera nearby ATM
And not asking any personal information
Otherwise, i won't use bitcoin ATM
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bitcoinmind
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December 12, 2014, 04:15:58 PM |
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It's hard to trust Bitcoin ATM for me
Expect i can buy bitcoin with paper money and no camera nearby ATM
And not asking any personal information
Otherwise, i won't use bitcoin ATM
Do you think you'll ever have the BTC on paper? |
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Flashman
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December 12, 2014, 06:36:13 PM |
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I am also guessing that confirmations might be an issue, if you are selling BTC(in the bidirectional ones), which might lead to waiting in lines.
I believe some of them print you a machine readable receipt and tell you to come back in 20 mins or so. |
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BitCoinNutJob
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Activity: 1316
Merit: 1000
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December 12, 2014, 06:48:52 PM |
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yes i would trust them with smaller amounts, just watch out for camera snapping your private keys or something, cover everything just like a pin.
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RodeoX
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The revolution will be monetized!
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December 12, 2014, 06:57:12 PM |
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Where is the risk in getting bitcoins?
You get the bitcoins...they can't be taken back.
Getting the bitcoins is the preferred outcome, however, there's a bit in the middle there where machine has your cash, and you have not got the bitcoins. Oh I see. Well, in that case i would take a hammer to the machine and make it a very costly scam.  |
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