Why would someone continue to buy bitcoins over market value? - page 2.

geek-trader

sr. member

Activity: 294

Merit: 250

Quote from: GeniuSxBoY on July 08, 2011, 11:43:53 PM

He's paying face value + ebay fees + paypal fees.

Because he wants to pay with a credit card, so his options are limited. And he's not paying ebay OR paypal fees, you are. Seller pays fees, not buyer. Of course, you factored that into the "$3 over MtGox" and he knows it.

GeniuSxBoY

hero member

Activity: 616

Merit: 500

He's paying face value + ebay fees + paypal fees.

I dunno why.

I dunno why people do a lot of things they do.

For instance:

Someone asked me how long our footlong subs were. :facepalm:

The obvious follow up question was how big was half? :double facepalm:

MoonShadow

legendary

Activity: 1708

Merit: 1010

If you are being paid in paypal or credit cards, you should be paranoid. If the transactions were local, and he was paying in cash, or otherwise couldn't get funds into MtGox (not easy, I can't do it either) and was otherwise unwilling to wait for the post to make it to one of the cash in the mail dealers, they'd be as legit as any others.

mizike29

full member

Activity: 168

Merit: 100

I have done some bitcoin sales using ebay and forums. I have this one person that continues to buy them over market value, about 3 bux over MTGOX sell prices. I am wondering why would someone choose that over just getting them for cheaper at MTGOX, unless someone was using it for illegal items and paid more to not have there bank account or anything linked? OR AM I JUST BEING PARANOID? Please any other reasons make sense?

Topic: Why would someone continue to buy bitcoins over market value? - page 2. (Read 2959 times)