Cashing Bitcoin, Rothschild HQ and the UK Housing Market.

in bitcoin •  8 years ago 

In this report I go over my experience of using a SatoshiPoint ATM in London. I also talk about the weakness in UK house prices as reported by Nationwide Building Society and the market action on Thursday, June 1st, 2017.

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  ·  8 years ago (edited)

Your great dude. Thanks for your videos...

Thanks and you are welcome.

The fees on those machines are ridiculous.
5.5% to buy, and 10.5% to sell.

But interesting story and good video as always!!!

I saw you can get a bitcoin to fiat currency atm card. Fee's dont seem as bad but some initial costs. I am tempted to give it a try. https://coinsbank.com/cards-details

Looks like its about 2.5-3% fee to convert currencies which I assume would apply to btc to say GBP. ATM fee is 3.95. So as long as you were taking out say 100-200 per transaction, it would seem reasonable for bitcoin which is not as liquid as it first comes across. I also experience this delay but if you pay more commission , the payments are faster.

nice info on the bitcoin machine!

I was wondering about the Bitcoin ATMs so thanks for sharing your experience. Fascinating info about the Rothschilds as well.

Really enjoyed this video. In all honesty i cant wait for the housing market, stock market and bond market to crash. Great opportunity for those who hold real and private money :)