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<p>[QUOTE="nickelsorter2017, post: 2779647, member: 87853"]Interest rates are going up. Banks are going to get squeezed. It's just a matter of time before only business accounts can buy coins for free and return coins for free. I like this analogy - <b>banks are like cops,</b> the cops know where the underage people go to have group parties with beer and the banks know who is buying and return coin for Coin Hunting... but each new class of kids can't figure how the cops know where to look and each new group of Coin Hunters can't figure out how banks know that they are collectors and not businesses... but, you see... the party spots in a community are pretty static, it turns out your parents partied there and your grandparents partied there, it ain't no big secret, and the Coin Hunters have been active since there were public banks with coin available for purchase.</p><p><br /></p><p>Back in the early 1980s banks charged for coin rolls and put limits on how much coin a customer could buy. The same situation is taking place in the 2010s. <b>The coin machines were an attempt to get new customers.</b> Now... those coin machines are being monopolized by Coin Hunters who are dumping their unwanted coins. It should be obvious that banks will see this and get rid of the coin machines.[/QUOTE]</p><p><br /></p>
[QUOTE="nickelsorter2017, post: 2779647, member: 87853"]Interest rates are going up. Banks are going to get squeezed. It's just a matter of time before only business accounts can buy coins for free and return coins for free. I like this analogy - [B]banks are like cops,[/B] the cops know where the underage people go to have group parties with beer and the banks know who is buying and return coin for Coin Hunting... but each new class of kids can't figure how the cops know where to look and each new group of Coin Hunters can't figure out how banks know that they are collectors and not businesses... but, you see... the party spots in a community are pretty static, it turns out your parents partied there and your grandparents partied there, it ain't no big secret, and the Coin Hunters have been active since there were public banks with coin available for purchase. Back in the early 1980s banks charged for coin rolls and put limits on how much coin a customer could buy. The same situation is taking place in the 2010s. [B]The coin machines were an attempt to get new customers.[/B] Now... those coin machines are being monopolized by Coin Hunters who are dumping their unwanted coins. It should be obvious that banks will see this and get rid of the coin machines.[/QUOTE]
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