adlon Posted December 27, 2010 Report Share Posted December 27, 2010 DTrade has always sold (to my knowledge) 100,000 IQD for $140. The price changed today to $150. Is this a precursor to a change in value of the IQD? 2 2 Link to comment Share on other sites More sharing options...
Norse39 Posted December 27, 2010 Report Share Posted December 27, 2010 No. Just the law of supply and demand! 3 Link to comment Share on other sites More sharing options...
AmyM Posted December 27, 2010 Report Share Posted December 27, 2010 My guess is that it is because he knows he can get it! The pumpers have jumped the sales up so much in the last week that he isn't worried about competition! 3 Link to comment Share on other sites More sharing options...
Genethunder2001 Posted December 27, 2010 Report Share Posted December 27, 2010 When you noticed the different pricing were you by chance looking at the smaller denoms? As always with DinarTrade if and when considering smaller denoms he always charged a greater rate. Just saying........... Link to comment Share on other sites More sharing options...
behaviorkat Posted December 27, 2010 Report Share Posted December 27, 2010 Pumpers 1 1 Link to comment Share on other sites More sharing options...
simon23 Posted December 27, 2010 Report Share Posted December 27, 2010 Well now he is making almost 21% pure profit per US$ ............... If hat is not pure greed I sure do not know what it is. 3 3 Link to comment Share on other sites More sharing options...
Revelation Posted December 27, 2010 Report Share Posted December 27, 2010 Well now he is making almost 21% pure profit per US$ ............... If hat is not pure greed I sure do not know what it is. Oh come on. Most small businesses make wayyyyyy higher markup. He's simply charging what the market will bear. If you had a business, you would do the exact same thing. Or you would be a fool. 3 Link to comment Share on other sites More sharing options...
chuckray Posted December 27, 2010 Report Share Posted December 27, 2010 Pumpers the RV monday thing was great for sales--new GOI--getting out of chap. 7 1 Link to comment Share on other sites More sharing options...
simon23 Posted December 27, 2010 Report Share Posted December 27, 2010 I have a business, so you are not teaching me anything that I do not know already. I also have competitors that regulate my approach to my prices. He has none and he is using that leverage to make the rules. I might be a foul but I do not see it your way. 1 4 Link to comment Share on other sites More sharing options...
Snatcher Posted December 27, 2010 Report Share Posted December 27, 2010 When you noticed the different pricing were you by chance looking at the smaller denoms? As always with DinarTrade if and when considering smaller denoms he always charged a greater rate. Just saying........... They raised them all 20 dollars, for the 25K notes...As that is all they have at the moment. Link to comment Share on other sites More sharing options...
steveo Posted December 27, 2010 Report Share Posted December 27, 2010 i think dt and db are the only ones who make money out of this ,prob on a beach in hawai laughing at everyone buying like crazy......way to go............................steveo 3 1 Link to comment Share on other sites More sharing options...
elymojo Posted December 27, 2010 Report Share Posted December 27, 2010 We are all in this to make money!!!! 2 Link to comment Share on other sites More sharing options...
dinarette Posted December 27, 2010 Report Share Posted December 27, 2010 It's my understanding that the wholesale price has gone up, because the supply is dwindling. It's a very good thing, be happy! 1 Link to comment Share on other sites More sharing options...
Revelation Posted December 27, 2010 Report Share Posted December 27, 2010 I have a business, so you are not teaching me anything that I do not know already. I also have competitors that regulate my approach to my prices. He has none and he is using that leverage to make the rules. I might be a foul but I do not see it your way. Yes, he does have competitors. Many of them in fact. Here's an idea. If you don't like his prices, don't buy from him. No one is forcing anyone to buy anything from the man. I love how people try to play this class warfare game and spout off about "greed" in an effort to get everyone riled up. Everyone wants to make market value for their services, no matter what profession they're in. How about you take a pay cut every time someone thinks your prices are too high, huh? If his prices are too high, it will hurt his business and he will have to lower his prices. Asking him to leave money on the table just because he's making too much money in your opinion is silly. 5 1 Link to comment Share on other sites More sharing options...
simon23 Posted December 27, 2010 Report Share Posted December 27, 2010 Revelation, I guess you are just too smart for me !!!! On another note I was only expressing my opinion, I wasn't trying to get anybody riled up. As always smarties like you make something small into a big one for the satisfaction to say something, weather is smart or stupid. Learned my lesson, I am out and done with this chat. My apologies as well. I guess having an opinion in this country really means something else than what I though it did. 2 2 Link to comment Share on other sites More sharing options...
DmsC Posted December 27, 2010 Report Share Posted December 27, 2010 DTrade has always sold (to my knowledge) 100,000 IQD for $140. The price changed today to $150. Is this a precursor to a change in value of the IQD? The Price per Million hasn't changed so that should help answer your question. Also you can look on xe.com Oanda.com and about any other currency site to check the value of the IQD just a heads up. Link to comment Share on other sites More sharing options...
Revelation Posted December 27, 2010 Report Share Posted December 27, 2010 Revelation, I guess you are just too smart for me !!!! On another note I was only expressing my opinion, I wasn't trying to get anybody riled up. As always smarties like you make something small into a big one for the satisfaction to say something, weather is smart or stupid. Learned my lesson, I am out and done with this chat. My apologies as well. I guess having an opinion in this country really means something else than what I though it did. Yeah sure, make ME into the elitist. You were the one who attacked a businessman and called him greedy for making a profit. You just expected everyone to do the easy thing and agree with you. It's easy to be jealous of the rich. Now I'm the bad guy for pointing out the ridiculousness of the statement, and you're the martyr being unfairly attacked. LOL 2 2 Link to comment Share on other sites More sharing options...
unclegeek Posted December 28, 2010 Report Share Posted December 28, 2010 the RV monday thing was great for sales--new GOI--getting out of chap. 7 That's one big reason to get the RV done. More time in limbo, more speculation goin on. Link to comment Share on other sites More sharing options...
Wino Posted December 28, 2010 Report Share Posted December 28, 2010 I bought mine in 07 in Kuwait at the exchange in Salmiya. I have never personally purchased from one of the dinar sellers on line. However, if I had I would expect them to make a profit and if you are in the states you don't have a lot of choices...... internet or go to a bank. Either way you are paying someone to get it for you, it being a worthless untradable currency at this time, and they will not do this without a worthwhile profit. If this RV happens you still stand to make a very large profit from your small investment. Don't let greed get to you like the other guy. I'll be happy when this happens. I'll let my wife have sex with a rich man for the first time in her life ( poor woman has been with this poor one for almost 25 years now). Link to comment Share on other sites More sharing options...
cdr Posted December 28, 2010 Report Share Posted December 28, 2010 Well now he is making almost 21% pure profit per US$ ............... If hat is not pure greed I sure do not know what it is. as far as i know no one is forced to buy from them , you must be a democrat!!! 1 Link to comment Share on other sites More sharing options...
gatoraces Posted December 28, 2010 Report Share Posted December 28, 2010 The Price per Million hasn't changed so that should help answer your question. Also you can look on xe.com Oanda.com and about any other currency site to check the value of the IQD just a heads up. yes it has. it was $1060. now it is $1080. Link to comment Share on other sites More sharing options...
Optimus Prime Posted December 28, 2010 Report Share Posted December 28, 2010 Another change made by Dinartrade today is they will buy back your dinars at $930 per million! Buy back rate up $50 2 Link to comment Share on other sites More sharing options...
DeadGuy Posted December 28, 2010 Report Share Posted December 28, 2010 Pumpers!! I hate pumpers!!! I'm just glad we invested in the Dinar instead of the Vietnam Dong. Then we would be screaming "Those pumpers of the Dongs!" Dong pumpers!!! "Go ahead mister, pump that Dong and see if I buy it!" "The Dong pumpers are really out in force today mate!" LOL Sorry, I'm not mentally stable. 2 Link to comment Share on other sites More sharing options...
smee2 Posted December 28, 2010 Report Share Posted December 28, 2010 Well now he is making almost 21% pure profit per US$ ............... If hat is not pure greed I sure do not know what it is. HAHAHAHAHA I have never seen the pot calling the kettle black in just such a ludicrous way. Thank you for that. I really needed a good laugh and you have provided it. If making a profit, and knowing we can make more of a profit and then doing it, ... if that is greedy my friend, then we all are. At least Ali does it honestly, licenced and regulated and with all the transparency required to operate his kind of business above ground. Not so long ago people were thinking if he were smart he would just hold on to the dinar and wait for the reval. Now you are saying he is greedy to charge what is an increase over the last price of well under ten percent in what is, because of OUR greed, a buyers market. Far too funny! smee2 Pumpers!! I hate pumpers!!! I'm just glad we invested in the Dinar instead of the Vietnam Dong. Then we would be screaming "Those pumpers of the Dongs!" Dong pumpers!!! "Go ahead mister, pump that Dong and see if I buy it!" "The Dong pumpers are really out in force today mate!" LOL Sorry, I'm not mentally stable. hahahahaha Of course you're not! You are dinar holder. 'Nuff said! smee2 Link to comment Share on other sites More sharing options...
prettybaby Posted December 28, 2010 Report Share Posted December 28, 2010 Dinar Trade can charge more because more people are buying. Keep in my that the owners are working on getting a bank in Iraq. They need every penny to help achieve their goal. Link to comment Share on other sites More sharing options...
Recommended Posts