Bitcoin ATMs Reach 3061 in Number, 1000 added since December, Installations Growing at 10 Percent a Month

Notable stats:

Average machine does 30k a month in sales at an approx 9 percent gross margin

3 million a day in total sales for all machines

90 percent of sales are cash for bitcoin

10 percent are bitcoin for cash

340 Machines added in April

Sources: https://coinatmradar.com/charts/ https://coinatmradar.com/blog/category/bitcoin-atm/statistics/ https://coinatmradar.com/blog/revenue-and-costs-of-running-a-bitcoin-atm/

submitted by /u/olesentv
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Bitcoin – The Currency of the Internet

Venezuela Update: Exchange rate is around 900,000 Bolivares (Bs) per USD. LocalBitcoin traded 435 BTC last week. Minium wage was raised to 3 USD / month

https://coin.dance/volume/localbitcoins/VEF/BTC

Situation worsened because the goverment started an operation called "Manos de Papel" hunting people who were trading a lot of bolivares (which the suppose come from selling USD and cryptos not using their controlled exchange rate).

Also, they took control of the biggest private bank of the country, called Banesco.

In fact, before that Localbitcoin traded the all time record of 957 BTC traded in one week.

The price of the meat was 800,000 per kg 4 weeks ago and now it's 4,500,000 kg.

It's crazy living here (and sad….)

You can see my old posts for more context

https://np.reddit.com/r/Bitcoin/comments/8e591z/venezuela_update_exchange_rate_is_around_600000/

submitted by /u/WorkingLime
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Bitcoin – The Currency of the Internet

Venezuela Update: Exchange rate is around 600,000 Bolivares (Bs) per USD. LocalBitcoin traded 654 BTC last week. Minium wage is 2 USD / month (reddit.com)

https://coin.dance/volume/localbitcoins/VEF/BTC You can see my old post for more context https://np.reddit.com/r/Bitcoin/comments/8cet9t/localbitcoin_venezuela_traded_663_bitcoins_last/

Bitcoin

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