Author Topic: [WTB] I think. ($250 CAD) - Long Story  (Read 565 times)

0 Members and 1 Guest are viewing this topic.

Offline rugerty100

  • Trade Count: (+2)
  • Puppy
  • *
  • Posts: 44
  • Random Canadian
    • View Profile
[WTB] I think. ($250 CAD) - Long Story
« on: February 08, 2014, 04:56:34 PM »
TL;DR available at bottom.

Okay, hello everybody. I know I want to invest into dogecoins and I currently (well, in 6-8 business day) have $250 CAD in my Verified PayPal account. I want to buy Dogecoin with that but the prices here confuse me. Why is it around $1.5 USD/ 1k DogeCoin? The current market price seems to be $1.10/1k or so. Going through Virwox and Cryptsy, the fees are around 10%. (3.9% or so from PP to Virwox, 2% from USD to SSL, 4% from SSL to BTC, then some network fees of like 8 cents to deposit into Cryptsy). What do I have to gain from trading here? If someone can offer me a price of less than 10% above market rate, that would be great, but otherwise...?


Why is the price here so high, and can someone sell me DOGE from PayPal for a price of $1.2/k or less?


  • Guest
  • Trade Count: (0)
Re: [WTB] I think. ($250 CAD) - Long Story
« Reply #1 on: February 08, 2014, 05:39:01 PM »
Mainly because the price goes up and down so regularly that you take the average that it is at and most of us want a profit on the coins we sell.

Hope I cleared it up :)

Offline ruler501

  • Global Moderator
  • Trade Count: (+80)
  • Giant Doge
  • ****
  • Posts: 812
  • Comp Sci Student
    • View Profile
Re: [WTB] I think. ($250 CAD) - Long Story
« Reply #2 on: February 08, 2014, 06:32:03 PM »
People are looking for profit, it is more dangerous to sell for paypal(I got scammed for a lot of money with chargebacks).

The price will usually be 25% or more above market
Got massively scammed. See here for details
Will help you get or sell doge


Sitemap 1 2 3 4 5 6 7 8 9 10 11 12 13 14