Quote from: thom88 on Today at 03:04:41 PM

Quote from: wheelz1200 on Today at 02:57:58 PM

Quote from: thom88 on Today at 02:48:06 PM

Hi,

I came here to ask a (some) question, hoping not to be fried right away as I have some legitimate questions about the entire Gift card/Crypto business...

Overall I am curious how this entire business works as a whole. I see so many offers on exchanges like paxful and even here in the forum, so I am sure somebody reading this is a pro and could help me out.
I am even willing to pay a small fee to someone who would take the time and walk me through this business on a zoom call or so (message me in pm) as I understand that knowledge is valuable.

Specific questions i have is:

1. Who are the people selling 100 USD Amazon for 60% of the value only? I mean you can get more for that on ebay.
2. How are you making sure, that gift card works and is not cancelled after you got the code?
3. Some People trade for 20k$ a day. what you do with 20k worth of gift cards a day? Wink

4. Are platforms like amazon allowing a person to redeem millions in gift cards a year without raising any flags?

Looking forward to understand the science behind this business model

cheers

No one rightly (legally) sells amazon cards for 60% off. Most of these are stolen, or bought using stolen credit cards. All said if something seems to be good to be true it usually is. Think about it. Why would someone sell an Amazon card (which you can literally almost buy anything). I can see maybe a really niche card that you just wouldn't use personally and sell it at a discount...but not Amazon.

40% off, not 60 but yeah, same thing. I know what you mean. this is where I am but I am sure, there is a whole other business behind it bthat is not stolen cards as what I see, big users int he space do care if the card has been paid with cash and even want a picture of the receipt and that its paid with cash (removes the chargeback risk entirely). The space is too big to just be stolen cards i think

40% off at Amazon all day everyday is too good to be true. Call me a cynic but I wouldnt be able to buy into it. There might be a small discount you can get with people trying to sell off cards they had but at 40% on a consistent basis I just can't buy into. If anyone tells you different its probably for nefarious reasons.