chsmstr Posted January 20, 2011 Report Share Posted January 20, 2011 Noticed today Ali dropped buy back price from $1,000.00 per millin to $940.00 per million for uncirculated notes but still is selling them for $1260.00. Must of had to buy a bunch back? Link to comment Share on other sites More sharing options...
truthful1 Posted January 21, 2011 Report Share Posted January 21, 2011 Ali is a currency dealer. Buy and sell based upon supply and demand...Economics 101 Link to comment Share on other sites More sharing options...
dinnie Posted January 21, 2011 Report Share Posted January 21, 2011 (edited) He just finished raising prices because of scarcity of dinars. If anything he should be increasing not decreasing his buyback prices. He is just wants higher profits. Edited January 21, 2011 by dinnie 2 Link to comment Share on other sites More sharing options...
aliveandcare Posted January 21, 2011 Report Share Posted January 21, 2011 (edited) He just finished raising prices because of scarcity of dinars. If anything he should be increasing not decreasing his buyback prices. He is just wants higher profits. I completely disagree with you. I do not believe in a scarcity of Dinars. I was just speaking with my currency dealer today, and he said that their is no such scarcity of them. He gets them just as easy as before. He says he gets them from a company out of NYC that gets them physically from Iraq. CBI is still auctioning them off on a daily basis. He is changing his prices due to supply and demand. Nothing more, nothing less. He was increasing his sales due to the pumpers ( who probably work for him) pumping business his way. driving demand sky high. Thats all their is to it. Edited January 21, 2011 by aliveandcare 1 1 Link to comment Share on other sites More sharing options...
dinarded Posted January 21, 2011 Report Share Posted January 21, 2011 (edited) Ali is a currency dealer. Buy and sell based upon supply and demand...Economics 101 You keep telling yourself that.... Edited January 21, 2011 by dinarded Link to comment Share on other sites More sharing options...
dinnie Posted January 21, 2011 Report Share Posted January 21, 2011 (edited) He said they were harder to come by, that is why he increased the price. If it was just supply and demand the purchase price and the buyback price would fall or rise together, they would not move in opposite directions. Very basic economics. Edited January 21, 2011 by dinnie Link to comment Share on other sites More sharing options...
wgb52 Posted January 21, 2011 Report Share Posted January 21, 2011 (edited) He said they were harder to come by, that is why he increased the price. If it was just supply and demand the purchase price and the buyback price would fall or rise together, they would not move in opposite directions. Very basic economics. Exactly! Does not matter if prices rise because of increased demand or decreased supply.....buyback prices should be going up not down. Edited January 21, 2011 by wgb52 3 Link to comment Share on other sites More sharing options...
truthful1 Posted January 21, 2011 Report Share Posted January 21, 2011 (edited) You keep telling yourself that.... Yes, ali is a currency dealer. He runs a business. I did not purchase my dinar through him, therefore I cant draw an opinion of his services. Many people post positive things about his services. I wont interact with Ali or DinarTrade, because I have my own plan for any future cashout. I dont know if you've been pumped or what, but never take things for fact until you verify for yourselves..........AND NEVER PURCHASE BASED OFF OF "INTEL" Edited January 21, 2011 by truthful1 Link to comment Share on other sites More sharing options...
Doctor Smith Posted January 21, 2011 Report Share Posted January 21, 2011 Noticed today Ali dropped buy back price from $1,000.00 per millin to $940.00 per million for uncirculated notes but still is selling them for $1260.00. Must of had to buy a bunch back? I already have as much Dinar as I need. To me he is still buying them for a good price as they are only actually worth $848.5363/million as of 1/20/11. If I feel like buying some more Dinar I'll shop around. Probably get circulated in good condition from a currency exchange house. If people would stop paying more than what they are worth the price would come down. It is should be easier to cash in to a Dealer like Alli though. Link to comment Share on other sites More sharing options...
Babosa Posted January 21, 2011 Report Share Posted January 21, 2011 Chances are He already has enough dinar, so he lowers the buyback price to slow down the incoming amount. Link to comment Share on other sites More sharing options...
The G-Man Posted January 21, 2011 Report Share Posted January 21, 2011 It doesn't make sense to me. he more he holds the more he makes at RV. So, his buyback price should be higher, not lower. Unless he thinks it will RV at $.000005 or less. Then he would wnat to take back less. Truthful1 is right on. Link to comment Share on other sites More sharing options...
Dinar Dundee Posted January 21, 2011 Report Share Posted January 21, 2011 I don't care because I'm not selling. Even so, if I sold at his new price I'd still make a profit! Link to comment Share on other sites More sharing options...
profitmizer Posted January 21, 2011 Report Share Posted January 21, 2011 Rule #1 Buy low sell high. That is all he is doing. He is a businessman. Following economics 101 Link to comment Share on other sites More sharing options...
salespro Posted January 21, 2011 Report Share Posted January 21, 2011 I guess it's a step in the right direction...I can't wait to wake up and see it more like what we've been waiting for...right now, anything over $1.00 sounds good Link to comment Share on other sites More sharing options...
harritthopeful Posted January 21, 2011 Report Share Posted January 21, 2011 Today would be a great day to sell the dinar wouldn't it come home and learn they are revaled and ready to sell sell sell!!!!! Ok so I was dreaming I'm up now shook off that million dollar feeling and coming back to reality smiles to all lets hope they get their s**t together and move forward I would love to see it go this next week sure would take a load off EVERYONE !!!!!!!! Link to comment Share on other sites More sharing options...
youliveonce Posted January 21, 2011 Report Share Posted January 21, 2011 Prices low means supply is high.Ali is full of it. There are tons of Dinars out there for sale. Link to comment Share on other sites More sharing options...
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