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RE: Limited edition silver steem round up for auction! 😁

in #steembay6 years ago (edited)

I know enough about Steem and SBD to say that you've lost about 20 times more money on them than I have. So, no, I'm sure your pain and personal loss far exceeds mine - thus you have learned about 20 times more from your mistakes, hopefully.

You - "31 minus 5 is 26. So if I paid 22.50 like you say you did. Then that’s like $3.50."

Me - "You're paying $37.20 for a coin that's worth, maybe, $25 ???"

$37.20 minus $26 = $11.20

Earlier, you asked me where I came up with my figure of $8. I was trying to be a little bit conservative and not attribute even more greed to your enterprise, but you're basically making $11.20 per coin, in this current situation. So, minus your shipping cost, $8 was in the ballpark of... $6.20 to $11.20, which is pretty close to, "straight down the center."

I would NEVER shop for coins carrying a $6.20 premium, because that's just very bad "stacking" practices. And, any Steemians exercising bad stacking practices need to correct their heading, in order to maximize their profits. That would mean steering well clear of characters such as yourself.

Any Steemian who is paying you $37.20 for a coin that's realistically closer in value to $25 or $26 IS, in fact, a stupid person. And, if my apology would actually make someone a smarter person, I would be happy to give it.

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