Capsule-based system for preparing and dispensing a beverage

A beverage dispensing system that can dispense both cold and hot drinks from either cold drink capsules or hot drink capsules. The cold or hot drink capsule is inserted into the system, and the lid is manually closed. If a cold drink capsule has been inserted, a mechanism cracks the capsule along a predetermined seam, injects cold mixing fluid into the capsule, and then rotates the capsule to pour the mixed contents into a cup. As the contents are poured, additional cold fluid can be added to the cup. If a hot drink capsule has been inserted, closing the lid pushed it down on a bottom needle that punctures it. An injection needle rotates and punctures the top. Hot fluid is injected under pressure forcing a brewed or mixed drink out the bottom into a cup.