Quote:
Originally Posted by alanu
Not all BIN's are out of line, but some of them are 3 times or more than what the card has been selling for.
|
This is why I created this post and why I will knock BINs, although not universally. Not all BINs, but enough of them, are out of touch with reality (i.e. the economy, i.e. recent purchase prices). The prices are laughable.
Now, I understand some sellers are asking for a price that is high in hopes of drawing up the offer from the seller to maximize profits, but when the price the seller is asking is X and the market is Y and Y is 1/6 the price of X, it is no longer an attempt to maximize a profit margin. It is a case of launching the equivalent of a test balloon. eBay listings are full of a lot of balloons right now. Are there other motives for this strategy? Yes, but I will let board members carry that part of the conversation.
Well, that should take care of my hot air.
P.S.
The X/Y scenario will not be listed as a question on the SATS.