160 lol 40$ more than current price
The 160 in and of itself wouldn't be outrageous. 10% ebay fees would put him at 120+12 = 132. Another say 5% for PP puts him at about 140. So it's only a 20$ premium for the convenience of paying with a CC-something I would consider if I needed BTC now and didn't have time to get verified or use an exchange. But the fact that he's making you jump through hoops to use his service is why no one will buy that's mainstream. Since he's not accepting CC, he has no cost, and he's not offering any value added services. For 120 + 2%, I can walk down to walmart and buy the same with bitinstant or other services.
The problem with his business model is that he doesn't have one! What exactly is he selling that's worth $40? If he offered to let people pay via PP, that's once thing--there's risk involved and one could argue that a $40 premium would be worth it for the instant transaction through a CC. But he isn't offering any service at all!!!
