Topic: Bitcoin atm (Read 1516 times)
atm bitcoin if there is in my area, I would have used it, but before making bitcoin atm first place should be certified of government
if it is true, then it will be easier for us to transact in the real world 
Yeaa sure i will go for bitcoin atm.
I just love it.
I just love it.
Would you store your bitcoin on a paper wallet printed direct from the ATM you purchased it from?
Not really no, i read stories on reddit about shady ATM operators :|
Would you store your bitcoin on a paper wallet printed direct from the ATM you purchased it from?
Not really no, i read stories on reddit about shady ATM operators :|
A thousand times NO.
Never store any bit coins in a private key that is provided by an untrusted third party. They could easily retain a copy or use a formula (ie hash of "ourkey1","ourkey2", ...) that lets them have access to all the generated keys.
Never store any bit coins in a private key that is provided by an untrusted third party. They could easily retain a copy or use a formula (ie hash of "ourkey1","ourkey2", ...) that lets them have access to all the generated keys.
no, i'm not use bitcoin atm, cause i was make a trouble about that.
may be cause i dont understand to use it.
and cause i scared too, if i make mistake, may be my btc will lose, i shouldn't want it.
so, for the simple now i go to the bank to exchange it.
may be cause i dont understand to use it.
and cause i scared too, if i make mistake, may be my btc will lose, i shouldn't want it.
so, for the simple now i go to the bank to exchange it.
There are ATMs in Finland that send the bitcoin straight to an online wallet.
I've been watched this video
this video about how to using bitcoin in singapore
they already have many Bitcoin atm
https://www.youtube.com/watch?v=Lqyuit570A8
this video about how to using bitcoin in singapore
they already have many Bitcoin atm
https://www.youtube.com/watch?v=Lqyuit570A8
The one bitcoin ATM I used would only scan a public address, the remit funds to it. No option to print a paper wallet. It was a Lamassu device (one way fiat to crypto).
Based on the commentary in this thread, I prefer paperless.
Based on the commentary in this thread, I prefer paperless.
Thanks for all the advice. I used a bit2bit ATM.
The general consensus seems to be that the atm could store my private keys and someone could steal my coins. Has this ever happened? It would be nice to hear from someone who runs an atm or knows how they work to put my mind at rest.
Being that this is the easiest way for me as an "average joe" to purchase bitcoins It would be nice to lose the paranoia surrounding this method.
The general consensus seems to be that the atm could store my private keys and someone could steal my coins. Has this ever happened? It would be nice to hear from someone who runs an atm or knows how they work to put my mind at rest.
Being that this is the easiest way for me as an "average joe" to purchase bitcoins It would be nice to lose the paranoia surrounding this method.
Would you store your bitcoin on a paper wallet printed direct from the ATM you purchased it from?
No, that would be risky. The private key could be recorded or something. Also if not, and something happened while the ATM printing the paper wallet you could lose it all.Just doing it myself is already fine and secure.
Would you store your bitcoin on a paper wallet printed direct from the ATM you purchased it from?
no way. unless the amount is too small that i don't care if it is stolen or lost. or the ATM is installed by a trusted bank or some organization that i can fully trust. but i will never trust with big amounts.
i didn't even trust myself enough when i created my cold storage. let alone trusting a third party to create my private keys for me!
but i guess it would be a good idea if there were some trusted ATM that people could use to create a secure paper wallet with, especially those who are new to bitcoin or don't have the knowledge or interest to create their own paper wallets.
Would you store your bitcoin on a paper wallet printed direct from the ATM you purchased it from?
This is very risky mate, no matter which amount it is! I would not do it if I was you. Also listen to the others above my post.
Based on the amount
Paper wallet are easy to store
For a little amount i would rather prefer paper wallet only.
Paper wallet are easy to store
For a little amount i would rather prefer paper wallet only.
Would you store your bitcoin on a paper wallet printed direct from the ATM you purchased it from?
why not? the only thing i should considerer is to split the ammount into more than one paper wallet, well if this is only an small ammount then you dont need to split it but for ammounts a little bit big then yes, i will split it, but i always suggest to do it with everything.
as i always sayd dont put all the eggs on the same basket
I'll probably lose the paper Haha, so no, not for me. I also never buy low quantity Bitcoins, still like to use an ATM. Is there a max deposit on major brands?
Posted From bitcointalk.org Android App
Posted From bitcointalk.org Android App
Would you store your bitcoin on a paper wallet printed direct from the ATM you purchased it from?
Before Bitcoin ATM can be use, im sure they have got certified and allow to be operated.
Ofcourse I will use it, since bitcoin ATM is another option as bitcoin's media beside internet. It will increase more effieciency of transaction
Mike Tyson approved!!!
it's seems very unsecure, it like you tell someone else to do a paper wallet for you, unless those ATM come from the government itself or are secured in a bank and bitcoin is regulated in the country that use those, i'm not touching one ever
Would you store your bitcoin on a paper wallet printed direct from the ATM you purchased it from?
Before Bitcoin ATM can be use, im sure they have got certified and allow to be operated.
Ofcourse I will use it, since bitcoin ATM is another option as bitcoin's media beside internet. It will increase more effieciency of transaction
Jump to: