Post
Topic
Board Currency exchange
Re: WTB 100BTC for £600 - cash or bank xfer. Any takers?
by
coincash
on 05/11/2012, 00:17:37 UTC
I can easily sell coins at £6 & still be in profit though, so there goes your logic. By the time I have the coins I'm already up by about 35% on each coin.

I think the bigger joke here is that you make assumptions based on your own experience in this market.

Ok I'm fuckin evil cause I think this is a bad deal, great. But fact is, for most, it is. Even if the margin is that large, like it is for you, why wouldn't you sell at the last? It's very doable. Why go out of your way like this just to lose money? I'm saying it's a joke to settle for a price this unfair, and it's insulting to even suggest it is. And even besides that, If there's guys like you out there willing to settle for a shit deal like this, don't you think guys like me would be taking advantage trying to sell our thousands of coins and making a four figure commission off your stupidity just by reselling at the last? We don't, because it's not doable. So you've got to understand, whatever your price margin is at, it's a bad deal. Hence, it's a funny suggestion that a deal like this could be made with anyone but the guy buying being the winner.

I love having to explain myself when I laugh at something, even if the reason why should be readily apparent to most. But there just has to be a smartass that has to make it into a big thing. Why? It's a bad deal, that's a fact. Even if you're a billionaire buying a hershey bar for $20 and it doesn't even matter to you, it doesn't change the fact you're still getting ripped off compared to the price you could have gotten it elsewhere. Opportunity costs, they exist and objectively dictate what is and isn't the best deal. I realize you're angry with me for my reaction to the post, but that doesn't make this deal any better than it is. There's no assumptions, there's just the fact that you're losing 15% to this guy just because.