Hello All,
If someone was to buy someone's Bitcoin for cash, should the seller discount it?
Let's say Bitcoin is at $60,000
Should the seller discount what they are selling a certain percentage since they aren't paying taxes?
I'm not sure how much of a discount, but maybe 5%?
I'm looking at this as a buyer that would pay cash for Bitcoin.
Thanks!
I don't know what taxes you are referring to but if it is the trading fee a seller or buyer has to pay on exchanges, I don't think it would be fair to your seller to have a 5% discount since trading fees only ranges to not more than 1%, base on the exchanges where I trade. For me, the best price for a P2P transaction is the price in between the buy and sell orders available on exchanges. But for BTC, the buy and sell price (spread as to many traders call it) don't differ that much but there are coins out there with a big spread so my suggestion could be applied.
But moreover, it's not wrong to ask for a discount if you do it politely and if the one you ask will agree on it. PS. be careful on your P2P transactions.