rulesforrebels Posted April 24, 2013 Report Share Posted April 24, 2013 I noticed alot of people on ebay these days selling Dinar options and I find it very hard to believe these people actually have the dinar to back up the options. Many of these sellers I see selling options aren't even registered with the Treasury as Dinar sellers. They don't have a very professional presentation and don't have very long history of ebay transactions yet they are selling tens of millions of dinar on option. I imagine though its basically free money to the seller it's relatively small profits considering the amount of money you should be stocking away dinar if your doing it properly. For example say your charging $75 for 5 million dinar. That's $75 pure profit, however your also tying up almost 5k in dinar your holding for someone. That's a relatively small option as well seeing as how many sell optionss for 10, 15, 30, even 50 million or more. People if doing it properly should have 50k worth of dinar tucked away just to make a profit of a few hundred bucks. Start selling a number of these and people should have hundreds of thousands laid away for customers in the case of an rv. I personally am not a big fan of options to begin with I think buying physical dinar even if only a little bit is better than an option but thats just my opinion. THat said I highly doubt any of these ebayers actually have dinar to back up these options they are selling. what do you think. 1 Link to comment Share on other sites More sharing options...
saradise Posted April 26, 2013 Report Share Posted April 26, 2013 I wouldn't do it, whether they have dinar to back it up or not....I think it would be a waste of money! If you don't have the money to buy the dinar you want in the first place, then don't go losing even more money paying for an option to buy. I bet a ton of people have lost money doing this and these sellers are just racking in the cash. From a seller's point of view....its a easy and cheap idea to make some great money! These are just my opinions. But, I would stay away from those option-to-buy's. 2 Link to comment Share on other sites More sharing options...
Belecosity Posted April 26, 2013 Report Share Posted April 26, 2013 I wouldn't do it, whether they have dinar to back it up or not....I think it would be a waste of money! If you don't have the money to buy the dinar you want in the first place, then don't go losing even more money paying for an option to buy. I bet a ton of people have lost money doing this and these sellers are just racking in the cash. From a seller's point of view....its a easy and cheap idea to make some great money! These are just my opinions. But, I would stay away from those option-to-buy's. ditto 2 Link to comment Share on other sites More sharing options...
rulesforrebels Posted May 1, 2013 Author Report Share Posted May 1, 2013 http://myworld.ebay.com/fs_distributing?_trksid=p2047675.l2559 here's another one http://myworld.ebay.com/leetehranee?_trksid=p2047675.l2559 Accounts like this are a perfect example, this guy obviously has no track record of selling dinar, it's not even like he's moving big amounts now he's selling single notes, yet he has probably about options listing what would cost around 80k or so in dinar if he had to fill options. highly doubt he has it. this is rather mild, i see some people new to ebay, no record of selling dinar and no evidence they even have any physical dinar having multiple auctions up for 30 mill, 50 mil, optoins and oftentimes have their listings saying 20 available. If someone bougt this and it rv'd adn they expected to cashin this guy and other i would almost guranteewould tell them sorry i was selling stuff i didnt have i thoguht it was free money, sue me. its really a shame, however i actually see that 6 available 3 sold on a lot of these auctions so people are buying but just wanted to warn people. Link to comment Share on other sites More sharing options...
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