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Topic: USA Bitcoin ATMs being destroyed. By gangs or by competitors? - page 3. (Read 2769 times)

sr. member
Activity: 322
Merit: 251
frustrated or people with severe mental issues
Thissa rite here is about what mah own brain came up wit.  This worl' is big, an' they a lotta crazy ass folks in it, folks who'd destroy an ATM jist as easily as lookin' atcha.  Some people beat up machines jist ta hear 'em squeal.  Jist fo' the fun of it!
hero member
Activity: 2464
Merit: 519
Without more background information on each particular case of Bitcoin-ATMs being destroyed it's hard or impossible to say who is behind this. At the end of the day it could just be frustrated or people with severe mental issues who destroy said ATMs. It could also be attempts to steal money. Whatever it is, it sure is a sad phenomenon. Bitcoin ATMs should be treasured and cared for by the public.
I think the machine should be strategically in town where security can be provided. and owners of the machine should inform the security agent except the government is against the use of bitcoin in the community. more so alert should be created in the media to encourage users to use more in the day.
legendary
Activity: 4424
Merit: 4794
2. gangs have their own BTM's and destroying the competitor
That's an interesting set of comments which may very well be true to one degree or another.
2. I am guessing the gangs here in my city do not have their own BTC ATMs, but have not looked into that possibility.

the coindesk article

Quote
Their goal, the lawsuit alleges, is to put other operators at a disadvantage through extortion and destruction of property.
hero member
Activity: 798
Merit: 500
Without more background information on each particular case of Bitcoin-ATMs being destroyed it's hard or impossible to say who is behind this. At the end of the day it could just be frustrated folks and/or people with severe mental issues who destroy said ATMs. It could also be attempts to steal money. Whatever it is, it sure is a sad phenomenon. Bitcoin ATMs should be treasured and cared for by the public.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Whats the point in destroying the ATM? even if they are trying to steal shit the bitcoin arnt even there .....lol

its not about stealing bitcoin its more about these possible scenario's(top of list most relevant)
1. gangland protection blackmail
2. gangs have their own BTM's and destroying the competitor
3. gangs that lose value on a price dump and take it out on the BTM


That's an interesting set of comments which may very well be true to one degree or another.

In my city, the BTC ATMs I have visited and used are mostly in parts of town where the demand for both CA$H and BTC is very high...  Not the best parts of town, using mild words.  I have met some interesting characters at the BTMs...

1. "Protection" money being extorted from BTC ATM owners: very possible.

2. I am guessing the gangs here in my city do not have their own BTC ATMs, but have not looked into that possibility.

3. Maybe gangsters would be pissed off whenever BTC takes a price dump after they have bought.



And every bitcoin atm are needed using the ballistic glass soon.

It will make them will be feeling stressful.  Cheesy But the bank will take the advantage from this cases. the bank will glad to watch more batm will being destroyed by the fuckin gangster.
legendary
Activity: 2968
Merit: 1895
Whats the point in destroying the ATM? even if they are trying to steal shit the bitcoin arnt even there .....lol

its not about stealing bitcoin its more about these possible scenario's(top of list most relevant)
1. gangland protection blackmail
2. gangs have their own BTM's and destroying the competitor
3. gangs that lose value on a price dump and take it out on the BTM


That's an interesting set of comments which may very well be true to one degree or another.

In my city, the BTC ATMs I have visited and used are mostly in parts of town where the demand for both CA$H and BTC is very high...  Not the best parts of town, using mild words.  I have met some interesting characters at the BTMs...

1. "Protection" money being extorted from BTC ATM owners: very possible.

2. I am guessing the gangs here in my city do not have their own BTC ATMs, but have not looked into that possibility.

3. Maybe gangsters would be pissed off whenever BTC takes a price dump after they have bought.

legendary
Activity: 4424
Merit: 4794
Whats the point in destroying the ATM? even if they are trying to steal shit the bitcoin arnt even there .....lol

its not about stealing bitcoin its more about these possible scenario's(top of list most relevant)
1. gangland protection blackmail
2. gangs have their own BTM's and destroying the competitor
3. gangs that lose value on a price dump and take it out on the BTM
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
A similar story happened in Canada recently. I think the reason is because it is more easy to target for those criminals. Now all ATM have trackers, or explose when the machine is hit, some even color the notes in purple with a special product so the money is unusable. They really invented new things to try to fight those types of criminals. After those implementations they started to target the people transporting the funds in their trucks.Then after a lot of report of attacks, some of those companies use anonymous trucks and the guys don't wear uniforms, they just try to look like random guys
hero member
Activity: 1106
Merit: 521
Whats the point in destroying the ATM? even if they are trying to steal shit the bitcoin arnt even there .....lol
legendary
Activity: 2604
Merit: 1036
Quote
Among the allegations, is that those involved in the scheme attempted to extort other bitcoin ATM operators by requesting digital currency payments in return for protection. The complaint cites one bitcoin ATM operator who paid the demanded sum.

Damn racketeers offering Bitcoin ATM protection in exchange for money this is something I haven't heard of before lol. But the crime rate in Detroit and Chicago is pretty high so it's no wonder that enterprising thugs find new ways to accumulate money.
legendary
Activity: 2968
Merit: 1895
...

Here's a story I just caught with a pictured of a destroyed Bitcoin ATM in Northern Virginia:

https://www.reddit.com/r/Bitcoin/comments/5s3cbl/over_a_year_ago_i_discovered_a_batm_was_6_miles/

Apparently dozens of machines have been vandalized in the Midwest:

http://www.coindesk.com/bitcoin-atms-attacked-hammers-us-midwest/


This is disturbing news.  Where are the cops?
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