Vancouver ATM Operator Wants to Leave Bitstamp Following Breakdown

Vancouver ATM Operator Wants to Leave Bitstamp Following Breakdown

Customers were unable to buy bitcoin from Vancouver's bitcoin ATM last weekend because its operator was unable to clear a backlog of buy orders. The machine's operator, Bitcoiniacs, said the problem arose because the ATM relies on Bitstamp to clear its orders, and the exchange had allowed orders amounting to more than 45 BTC to pile up without being processed. Bitcoiniacs uses a Robocoin machine, which is able to buy and sell bitcoin in exchange for fiat currency. Robocoin machines perform trades on the Bitstamp exchange by default. According Mitchell Demeter, co-founder of Bitcoiniacs,....


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