Post
Topic
Board Bitcoin Discussion
Re: Lamassu in my local bagel shop
by
eminemcookie
on 13/01/2019, 21:05:29 UTC
I don't know about that ATM but coinradar shows 3 Lamassu ATMs in Boston and they all share one thing that ensures I wouldn't use them even if all exchanges are down.

Quote
Fees: Buy: 10%, Sell: 10% from Bitpay

This is no longer a business practice, it's showing your possible customers the middle finger.


LE:
I missed the suburb part
https://coinatmradar.com/bitcoin_atm/6347/bitcoin-atm-lamassu-acton-bagels-plus/
same fees... Cry Cry Cry

Agreed. Although it is a start. There's not much in the way of demand at the moment so they can charge a premium. When there's more demand, there'll also be more supply and therefore competition and then we'll see prices/fees starting to come down close to the point of being reasonable. I have to think that a lot of these ATMs are a little shady right now and a way to try cash out in secret. I suppose for a lot of people it's cheaper than tax.