Re: [Raffle] One (1) Post-Fork Satori Coin. Who is feeling lucky? 11/16
I really don't mean to be a downer in someones thread but im just perplexed - an auction just ended yesterday for 3x satori's ANACS graded for .016 - I haven't seen one of these fetch more than .006 in quite some time.. im just amazed a single post fork is getting .016 in raffle form - more power to you spazzer for sure get as much as you can - im just surprised by the action is all, I don't understand this place sometimes.
To me, many of these short pockets ($6/ticket) raffles are more for fun, not for profit. It's like buying a scratch-off lottery ticket. I buy lottery tickets occasionally for fun, not as a wise investment. Again, that's just me.
Regards,
Chris
^ This. Well said I am taking advantage of gambling degenerates.
Here are my thoughts: The average median price of a Post-Satori Coin on these forums is 0.004. Retail you could see the same coin fetch between $75-100 (0.012-0.016). Raffles are different then auctions as you know as it adds the ability for someone in this case to spend 0.001 or 0.002 to win a 0.004-0.016 valued item.
Edit: People in most cases want to save money when purchasing items at Auction. Timing also plays a big factor.
I like $5 auctions.