Quote:
Originally Posted by Mark17
If that's the case, then people have a substantial disincentive to remove their items from the vault. I can see investors deciding to just leave their inventory there, for PWCC to eventually sell for them, rather than having a major AH sell them, factoring in the hit when removed from PWCC's vault.
As far as borrowing money using inventory in the vault as collateral, I wonder what would (will) happen when the market on a lot of stuff takes a corrective dip. Capital calls to restore the collateral percentage?
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You would think PWCC would not necessarily use current market prices to value collateral, but who knows.