Just had a quick look on my local ebay last night after watching some video about bitcoins in general.
So I found a couple of guys exchanging a paper wallet for 1 bitcoin that they have mined, for like 36$
One auction in particular seems to have had a few sales already.

Right now I can see one listed for 53$ + 5$ postage, paper wallet.
That's still about 175$ profit if I'm working this out right? if I sell it.
1 Bitcoin for deposit to the wallet of your choice.

I must be missing something, because the last time I checked, 1 BTC is currently worth around 235 USD.

So what are they really selling me, will I get 1 BTC worth the current value around 235$

If this is in fact true, couldn't I jump straight into something like paxful.com as a trader.
As this would be a great source for cheap bitcoins... if this is what they are trying to sell on ebay.
Like if you're buying a btc on ebay for35 bucks, there's a 200 profit margin, I must be misreading.

Just makes me curious.