Post
Topic
Board Currency exchange
Re: [OUT OF COINS] Bitcoins Direct - Private off exchange sales
by
DeathAndTaxes
on 16/11/2012, 20:05:11 UTC
oh then i guess i just am cursed with bad luck. This is the 4th time I needed to buy coins and all 4 times I cam here first and all 4 times i got shut down. Sad

you mean 6.2% spread originally as BD was under 1% now ts over 1% so spread is 4.95% from 6.2% and it's still not able to be in stock

Well I was comparing it to just a month ago.   At one point BD was 1.5% under market rate and when we continually ran out of USD our margin on FC4B has been as high as 7.95%.  It is a balance.   Prior to roughly a month ago we never ran out on coins.   Hell we sold an excess of thousands and thousands of coins a week on the major exchanges week in and week out for months and that was when offering as much as 1.5% under MtGox.

Demand has increased.  That is a good thing but it also leads to problems.  I am not going to crush our margins though just so we can sell more coins for a smaller profit at higher risk in some "goal" to beat demand.  Sorry.