STL 0.00% $1.90 stargroup limited

Ann: Stargroup and DigitalX sign JV to develop Bitcoin ATMs, page-51

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  1. 1,918 Posts.
    lightbulb Created with Sketch. 104
    Good to see traders getting smashed and selling at the end of the day

    " conversion fees are in the range of 4% to 8% of the transaction value"
    It's good outcome , currently 20 only ATMs only selling bitcoins ..

    Imagine 3000 ATMs selling and buying .... Stl is going to re rate as there is not risk to us on bitcoins value up or down ...
    Actually the higher the price the better % in $ value for STL ...
    But if bitcoins value tanks ( just saying ) we getting % from the exchange through our machines …
    It's a win situation here , buying up at weakness and wait for the rerate signal to top up ... another junior today gone up 40% just mentioning they are looking to get in to bitcoins business ...
 
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