Look what just popped up at my local 7-11

Discussion in 'Bullion Investing' started by mpcusa, Jul 7, 2021.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

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  3. CamaroDMD

    CamaroDMD [Insert Clever Title] Supporter

    Interesting...never seen one of those before.
     
    OldSilverDollar likes this.
  4. fretboard

    fretboard Defender of Old Coinage!

    Yeah, there's a store in my area that has one but I haven't stopped by to look at it. Buying Bitcoin or Ethereum is the way of the future and almost everyone should own some if you're comfortable with it. :D
     
    OldSilverDollar, CygnusCC and mpcusa like this.
  5. rte

    rte Well-Known Member

    BUT did you check the coin return slot?
    :D
     
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  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It’s a crypto currency machine, so you
    can buy BTC on the fly, great idea if you ask me ;)
     
    OldSilverDollar and Mr. Flute like this.
  7. Garlicus

    Garlicus Debt is dumb, cash is king.

    What’s the fee structure?
    I see that they charge 5% (on top of transaction fees) if you don’t transfer it to another account after 7 days, but didn’t see transaction fees listed.
     
  8. fretboard

    fretboard Defender of Old Coinage!

    My guess is because it's convenient and most people don't know what they're doing, the fees are probably pretty high! :D I wonder if you're able to create a wallet like Coinbase or Metamask on that machine or if you transfer your purchase at a later date? Way too New Age for this old timer! 112.gif
     
    Garlicus likes this.
  9. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Good way to get your bottom fleeced.........
     
    Garlicus and fretboard like this.
  10. Garlicus

    Garlicus Debt is dumb, cash is king.

    I think a store owner told me that they get paid 5% (maybe 2 or 3) from the company that has it at his location, so I’m thinking the company charges the customer 10%. And I thought ATM fees were high at ~$2.50 per transaction, not that I’ve used an ATM in over 20 years. I don’t do debit, either. Cash is king…for now, anyways.
     
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Everybody is so concerned about fees, everybody has to take there piece...LOL
     
  12. crazyd

    crazyd Well-Known Member

    No SlurpEcoin ?
     
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