My local bitcoin atm robbed!!!

**poker6469** · 07-01-18, 07:08 PM

Is there a way to put a photo, image in this thread?

**Optional** · 07-01-18, 07:23 PM

Originally posted by poker6469

Is there a way to put a photo, image in this thread?

Upload it to a site like tinypic.com and use the forum code they give you to embed it.

**DroopyDog** · 07-03-18, 12:44 PM

Could be an inside job.... most of the BTC atms are not owned by the store they are in... they get a small monthly fee for allowing the owner to put it in their store.

side note... if it was one of those operators charging over 10%, im glad they got robbed.

**PaperTrail07** · 07-03-18, 12:56 PM

lol 70K in it....wowza.....forgot to set the alarm that night LOL....

Originally posted by DroopyDog

Could be an inside job.... most of the BTC atms are not owned by the store they are in... they get a small monthly fee for allowing the owner to put it in their store.

side note... if it was one of those operators charging over 10%, im glad they got robbed.

**poker6469** · 07-03-18, 03:55 PM

**poker6469** · 07-03-18, 03:56 PM

Doesn’t look like it took much effort.

**poker6469** · 07-03-18, 03:59 PM

**Optional** · 07-03-18, 04:29 PM

Originally posted by poker6469

It looks more like a filing cabinet box than a safe.

**ikid2groove415** · 07-04-18, 09:28 AM

They tend too put some of this machines in ghetto neighborhoods - not shock

**Waterstpub87** · 07-04-18, 11:25 AM

Originally posted by ikid2groove415

They tend too put some of this machines in ghetto neighborhoods - not shock

The auto title loan place is a dead giveaway. Those are uncommon in nicer neighborhoods.

**poker6469** · 07-04-18, 01:23 PM

There everywhere in Phoenix

**dealer wins** · 07-04-18, 04:00 PM

I thought bitcoins were virtual currency? Guess im just old but im confused?

**mrpapageorgio** · 07-04-18, 05:01 PM

Originally posted by dealer wins

I thought bitcoins were virtual currency? Guess im just old but im confused?

The cash that people put in the machine to pay for the Bitcoin was stolen.

Bitcoin ATMs that only sell Bitcoin are more like virtual vending machines rather than ATMs, so picture the cash box of a vending machine getting stolen holding the money that it received from people buying stuff out of the vending machine.

**themike78** · 07-07-18, 08:33 AM

I've never seen one of those machines before. It looks like it was made in 1982.

**ikid2groove415** · 07-07-18, 09:04 PM

Anyone ever find out the amount lost?

**pattymayo** · 07-07-18, 09:48 PM

Like someone mentioned, not surprised, they do plop those things in some sketchy areas. I went to one in a super shady area of Harlem once.

**BrickJames** · 07-07-18, 10:00 PM

I was staying at a hotel once, and supposedly in the middle of the night two guys showed up dressed in khakis and polos matching looking like they worked for some company and just unhooked the ATM and put it in the back of a truck and left like they owned it. No one even realized it was stolen until the next day. There was 15 grand in it.

**jose21_us** · 07-07-18, 10:25 PM

Wow crazy shit...

**Optional** · 07-07-18, 10:40 PM

Originally posted by jose21_us

Wow crazy shit...

Is the Miami Connection making it to the bash Jose?

**jjgold** · 07-08-18, 05:58 AM

**poker6469** · 07-08-18, 02:00 PM

Originally posted by ikid2groove415

Anyone ever find out the amount lost?

Teller said there was over 70.000 in it.

**DwightShrute** · 07-08-18, 07:03 PM

just a guess

**ikid2groove415** · 07-09-18, 09:54 AM

Originally posted by poker6469

Teller said there was over 70.000 in it.

Hard to believe they would leave that much cash in there? Did this machine also BUY bitcoins?

**poker6469** · 07-09-18, 10:00 AM

Originally posted by ikid2groove415

Hard to believe they would leave that much cash in there? Did this machine also BUY bitcoins?

You could only buy bitcions, probably better for the thieves .

**poker6469** · 07-09-18, 10:03 AM

Originally posted by ikid2groove415

Hard to believe they would leave that much cash in there? Did this machine also BUY bitcoins?

Sometimes I would show up at this bitcoin machine and 10 people would be waiting to purchase bitcoins one lady was a Broker for other people and would buy the max amount allowed .

**BrickJames** · 07-09-18, 01:55 PM

Originally posted by poker6469

Sometimes I would show up at this bitcoin machine and 10 people would be waiting to purchase bitcoins one lady was a Broker for other people and would buy the max amount allowed .

What % did they charge?

**poker6469** · 07-09-18, 08:53 PM

Originally posted by BrickJames

What % did they charge?

My rate was 4.5 percent, they are negotiable on the percentage they charge you , I buy a lot of bitcoin from them , so they lowered my rate from 7 percent to 4.5 percent .

**BrickJames** · 07-10-18, 08:32 AM

Originally posted by poker6469

My rate was 4.5 percent, they are negotiable on the percentage they charge you , I buy a lot of bitcoin from them , so they lowered my rate from 7 percent to 4.5 percent .

I was getting it from a guy on local bitcoin for +3%.

**Greenline** · 07-10-18, 09:30 AM

Having worked with vending, arcade and pinball machines for the last two decades, there is no way in hell that box held 70k cash.

**DroopyDog** · 07-18-18, 08:05 PM

why is 70k impossible? most of those ATMs are filled with 100s, not small bills

**dens105** · 07-18-18, 08:35 PM

damn 70k in a BTC machine?? really!?? haha thats crazy

**ikid2groove415** · 07-20-18, 05:52 PM

Originally posted by dens105

damn 70k in a BTC machine?? really!?? haha thats crazy

Most those machines leave in there is max 20k doubt even that much - someone takes it weekly

**SilverSpoon111** · 07-20-18, 06:16 PM

Wrong most keep around 30-70k in them the one in my area is in a store but not owned by the store owner and is ran by a guy who ownes it in another state that is paying for them to be in there and almost all these bitcoin machines cost close to 10k a piece if there is a problem with the machine he has to drive the whole way down and fix it they keep them loaded.

**Optional** · 07-21-18, 07:36 AM

Is the money in there from people depositing it to buy btc? Or does the machine cash out too?