Topic: How Not To Sell BTC On Crypto ATM! (Read 241 times)
That's the best kind of promotion for BTC, lmao. Definately works for "mass adoption", considering the public reaction
Whenever I go to an ATM I take maximum care no shoulder-peeker is around and I always look dozens of times around while transacting. If this ever happened to me, I would've gone crazy mad and nervous 
This is funny but also kinda creepy. Imagine having sold tens of grands and seeing it just spit the money like that - it would expose you to any thief wandering around!
This is funny but also kinda creepy. Imagine having sold tens of grands and seeing it just spit the money like that - it would expose you to any thief wandering around!
The way that money falls out of the machine is extremely suspicious, as far as I've seen the vast majority of Bitcoin ATMs have a small maximum withdrawal amount—usually in the order of 1,000 to 2,000 euros.
If this is actually legit, then that is a serious malfunction by the machine, and the manufacturer should be liable.
I'd even go so far as to say nobody should ever buy one of their machines again, since it's downright dangerous.
Does anybody know the model of the machine so we can avoid it in future?
If this is actually legit, then that is a serious malfunction by the machine, and the manufacturer should be liable.
I'd even go so far as to say nobody should ever buy one of their machines again, since it's downright dangerous.
Does anybody know the model of the machine so we can avoid it in future?
It looks strange when they came up with a digital currency, but they want to make it ordinary. That's why they invented an ATM. Crazy. 
The guy didn't look worried, probably a safe place in a safe country...
I didn't write in the OP but the location is London. And yes, he seems pretty relaxed and the whole situation is pretty fun for him. Although I'm not sure how smart it is to expose yourself this way, because no matter what country we are in, it's not very smart to walk around with a bag full of money.
Is it too ironic? We have been using bitcoin as a safe currency in the internet then we are going to withdraw it like a normal currency.
Sometimes we just have no choice, to spend BTC we have to convert it to fiat. I personally always look for the option to pay in crypto, but if that's not possible and I need something, than I have to do the same thing as this guy, but still not in such a dramatic way.
In many countries you would be shot right there to get the bag stolen. It is enough money to pay for the hit, if you get the meaning. But yeah, UK is probably the kind of place you could do such things...
Of course this is nearly as stupid as going to the bank to withdraw a similar amount in cash. Sure you might be safe while in the bank, but then after you leave you'll get tailed, intercepted, etc.
The only solution is to never exchange into fiat in the first place.
Of course this is nearly as stupid as going to the bank to withdraw a similar amount in cash. Sure you might be safe while in the bank, but then after you leave you'll get tailed, intercepted, etc.
The only solution is to never exchange into fiat in the first place.
Damn, if this happens in my country I think the poor soul might have to fight off both the patrons and security guards
I'm not sure that ATM is as popular as you say.
Those ATMs that are still anonymous are popular but I've seen ATMs that scan your ID. That I wouldn't use, ever.
As for the video, I also remember it being posted. It was a malfunction, it shouldn't spit like that, but still coming to an ATM to exchange 100k EUR or GBP because if I remember correctly it happened in London, is a dumb idea. Even if it worked fine you're still going to be seen packing piles of cash into a bag in a busy place.
Haha, this sure is something fun for the current situation! I've been missing watching people come in to use the machines at my favourite cafés. Those people have never gotten this much money though so maybe that's why they've never looked so relaxed 
Thanks for posting!
Thanks for posting!
I'm not sure that ATM is as popular as you say.
malevolent, I obviously didn't use the right keywords in search option, so I didn't find anything relevant to this event. And I also completely missed it when it was posted in the forum...
But to some members this was also something new, and maybe it really helps someone if they decide to use crypto ATM to sell a larger amount of coins.
You're welcome, I think we need something fun in the current situation, and this is definitely something like that
But to some members this was also something new, and maybe it really helps someone if they decide to use crypto ATM to sell a larger amount of coins.
Great video OP, thanks for sharing it!
You're welcome, I think we need something fun in the current situation, and this is definitely something like that
I know its old news, but I didn't find it posted on the forum.
It was posted here: https://bitcointalk.org/index.php?topic=5151756.0;all
and here: https://bitcointalk.org/index.php?topic=5153318.0;all (and probably elsewhere, too)
I remembered because I made some posts in the first thread.
This is great, but what ATM does that?? I've even used the sketchy ones and they still hold the money like it's still not yours.
It's funny. I doubt if he's in panic, he looks a little confused by collecting money with his feet.
Anyway, I think the ATM isn't placed on the right location and less of security. How can the ATM placed openly, it should be put in the room with CCTV (surveillance/monitoring cameras).
Anyway, I think the ATM isn't placed on the right location and less of security. How can the ATM placed openly, it should be put in the room with CCTV (surveillance/monitoring cameras).
The best part is the hands in the pockets, i mean, why should he use the hands to receive the money if he can just watch it falling down to the floor while he makes his best 'Maradona Moves' lmao.
Great video OP, thanks for sharing it!
Great video OP, thanks for sharing it!
Which ATM spits out money like this ? I have only seen ATMs giving out money in bundles.
Never have I ever seen an ATM spitting out money like this
Must be fun seeing raining money.
Never have I ever seen an ATM spitting out money like this
Must be fun seeing raining money.
We cannot generalize it as a whole because I think the purpose of the video is to show it like this, it is fun to see money flowing like this especially if you bought Bitcoin cheaply.
ATM machines are for withdrawing a small amount of money when you have no way to reach the cash or when you travel to another country.
ATM machines are for withdrawing a small amount of money when you have no way to reach the cash or when you travel to another country.
What the... even the ATM machine didn't like the fiat. This is a good ad to Bitcoin during this pandemic, even Bitcoin ATM machines are afraid of being infected with the virus and rejected the fiat currency.
Technically, I have doubt that it is possible a machine programming error. The manufacturer of this machine should be blamed by the owner of the machine that might the reason for losing money.
Anyway, I found this posted on Reddit. https://www.reddit.com/r/Bitcoin/comments/bxhypk/bond_street_bitcoin_atm_spitting_out_tons_of_money/
Technically, I have doubt that it is possible a machine programming error. The manufacturer of this machine should be blamed by the owner of the machine that might the reason for losing money.
Anyway, I found this posted on Reddit. https://www.reddit.com/r/Bitcoin/comments/bxhypk/bond_street_bitcoin_atm_spitting_out_tons_of_money/
I laughed hard how the machine dumped the Fiat.
It seems like the Bitcoin ATM machine doesn't like Fiat, just like how satoshi created Bitcoin though.
It seems like the Bitcoin ATM machine doesn't like Fiat, just like how satoshi created Bitcoin though.
The guy didn't look worried, probably a safe place in a safe country...
I didn't write in the OP but the location is London. And yes, he seems pretty relaxed and the whole situation is pretty fun for him. Although I'm not sure how smart it is to expose yourself this way, because no matter what country we are in, it's not very smart to walk around with a bag full of money.
Is it too ironic? We have been using bitcoin as a safe currency in the internet then we are going to withdraw it like a normal currency.
Sometimes we just have no choice, to spend BTC we have to convert it to fiat. I personally always look for the option to pay in crypto, but if that's not possible and I need something, than I have to do the same thing as this guy, but still not in such a dramatic way.
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