[WTB] Canadian miner here. I buy your used mining stock. [PAYPAL buyer]

[MaximeAD]

Good to know and thanks for the info. Well, it will be up to the seller to go with what he considers safer considering the cost. But I think it could work anyway: https://www.paypal.com/ca/webapps/mpp/security/seller-protection-faq (Canadian page, but there should be a similiar US one) . It doesn't say it have to be shipped to the confirmed address, only to the address on the invoice. If I accept the invoice with the shipping address of the UPS Store and you can provide a proof that you shipped there, I shouldn't be able to open a dispute because you shipped where you were supposed so!

[valkir]

Hello Maxime

Since you are from Joliette, you speak french so let switch to french. Translation in english below.

Bonjour Maxime

Les gens qui t'ont expliquer le problème avec Paypal ont tous raison. Je suis un mineurs du Québec tous comme toi et je suis sur le forum depuis déjà plus d'un an. Il est important pour toi de comprendre que dans le monde de la crypto, le "trust" est très important car il y a déjà eu au cours des dernières années, plusieurs situations d'arnaques. Bon maintenant, la seul façon de fonctionner adéquatement pour un nouvel utilisateur comme toi, est de payer en Bitcoin et d'utiliser un escrow. Tu devras payer l'escrow (OgNasty demande 1% et c'est un des meilleurs de la communauté). Je sais que cela est peut etre un peu plus compliqué mais cela risque d'être plus sécuritaire autant pour toi que pour les vendeurs.

quakefiend420 est un mineur bien connu de la communauté et je te conseillerais d'écouter les conseils des gens qui sont très actifs sur le forum. Ils ont certainement beaucoup plus d'expérience que toi.

Ceci étant dis, je te souhaite la bienvenue sur le forum et bonne chance dans ton projet de mining.

English:
Hi Maxime

What people told you in this thread were all right. Im a miner from Quebc and I have been on the forum for more than a year. You need to understand that in crypto, trust is really important because a lot of scam happen everyday. So now, they only way to buy stuff for a new user like you, will be to buy in BTC and use a escrow. You will need to paid they escrow (OgNasty charge 1% and is one of the best in the community) I know it will probably be more complicated but it will be more safe for you and the seller.

quakefiend420 is a well know miner in the community and I suggest you to listen to the advice of actif people on the forum. They probably have way more experience than you.

On that, I wish you good luck and welcome aboard.

Cheer

Valkir

[MaximeAD]

Hi,

I'll go directly in English so everybody will be able to read!

I just don't understand why is everyone so irritated that I offer to buy with Paypal. It's simply an offer, I do not force people to sell to me. I do not put gun to someone's head to deal with me.. I just publicly tell my rates and offer to buy through Paypal. After a refusal, I respectfully say that I understand and pass along.

I don't see where an escrow is different from Paypal. The malicious buyer could tell he received rocks instead of miners and the escrow wouldn't know who is malicious between the seller and the buyer. With Paypal, I'm not quite sure how someone can fraud continuously. The user's reputation will go down and Paypal could investigate the user behaviour. Moreover, Paypal is often linked to a verified address and bank account of the user, it is not easily replicable as an anonymous identity on the web.

It looks like a tempest in a teapot from my point of view. No one is forced to deal with me if they disagree with the terms. I do not think I'm a public nuisance for this forum as I contribute with pricing information. I also got two orders now that I paid with Paypal and all went (and will go) well with the seller.

[padrino]

Hi,

I'll go directly in English so everybody will be able to read!

I just don't understand why is everyone so irritated that I offer to buy with Paypal. It's simply an offer, I do not force people to sell to me. I do not put gun to someone's head to deal with.. I just publicly tell my rates and offer to buy through Paypal. After a refusal, I respectfully say that I understand and pass along.

I don't see where an escrow is different from Paypal. The malicious buyer could tell he received rocks instead of miners and the escrow wouldn't know who is malicious between the seller and the buyer. With Paypal, I'm not quite sure how someone can fraud continuously. The user's reputation will go down and Paypal could investigate the user behaviour. Moreover, Paypal is often linked to a verified address and bank account of the user, it is not easily replicable as an anonymous identity on the web.

It looks like a tempest in a teapot from my point of view. No one is forced to deal with me if they disagree with the terms. I do not think I'm a public nuisance for this forum as I contribute with pricing information. I also got two orders now that I paid with Paypal and all went (and will go) well with the seller.

From my stand point it wasn't that you were using Paypal (I support it in almost all of the threads where I am selling) but that you were pointing out the protections Paypal offers and then almost side stepping them with the offer to ship to a UPS store in the states, on one hand I get it band have friends there so it almost makes sense but it makes solid buyer and seller protection hard as the he said/she said stuff can get tough..

In any case I wish you well, I have a bunch of SP20s with PSUs I can sell you but your rates aren't quite high enough for me, and I do support Paypal, and if you have the UPS store on your PP account it would work..

[MaximeAD]

Price update! Unfortunate decrease in rates because I want to install what I will receive before investing more.

[MaximeAD]

Price updated.

[adaseb]

So you are buying in one thread for $140 and selling in another thread for basically $300

[MaximeAD]

Yes Sherlock.

[MaximeAD]

I tried the other way around, but I found out it would prevent me doing business in the long run..

[adaseb]

I tried the other way around, but I found out it would prevent me doing business in the long run..

I understand and you are not breaking any rules against doing so but at least you could of registered another nickname. Some might not be too happy that you are just raising the prices of these miners for personal gain.

[MaximeAD]

I tried the other way around, but I found out it would prevent me doing business in the long run..

I understand and you are not breaking any rules against doing so but at least you could of registered another nickname. Some might not be too happy that you are just raising the prices of these miners for personal gain.

Why should I try to hide the fact that I am ready to buy and sell? There is nothing to be ashamed for. The only thing that matters is that, for a specific trade, both traders profit from it.

[adaseb]

I tried the other way around, but I found out it would prevent me doing business in the long run..

I understand and you are not breaking any rules against doing so but at least you could of registered another nickname. Some might not be too happy that you are just raising the prices of these miners for personal gain.

Why should I try to hide the fact that I am ready to buy and sell? There is nothing to be ashamed for. The only thing that matters is that, for a specific trade, both traders profit from it.

No both traders with you actually lose profit because you are the middle men pretty much.

Somebody sells at a loss to you and somebody overpays from you.

You are benefiting nobody but yourself.

[MaximeAD]

If they are losing, please explain why they would freely trade with me?

[adaseb]

If they are losing, please explain why they would freely trade with me?

Because you are paying very little to whoever is selling and you are charging too much for whoever is buying.


Mining is already tough as it is and you make it harder to make a profit when you take a large amount for yourself.

[MaximeAD]

You didn't answer my question.

The obvious answer is that they are not losing. If someone is willing to trade with me is because it benefits him. My goal is not operate at loss but to provide liquidity in the market of used miners.

If my price are not fair, you are free to compete them.

[fonenumba]

If they are losing, please explain why they would freely trade with me?

Because they are a sucker. People selling at the prices you are offering are likely both desperate for money and do not know how to sufficiently protect themselves.

Your "offer" to accept escrow but only with ah 4% fee only exaggerates this fact.

[MaximeAD]

If they are losing, please explain why they would freely trade with me?

Because they are a sucker. People selling at the prices you are offering are likely both desperate for money and do not know how to sufficiently protect themselves.

Well, I do not see another deep liquid trader buying at higher rates. I think the price I offer are fair. You should offer more, it will help sellers on this forum.

Your "offer" to accept escrow but only with ah 4% fee only exaggerates this fact.

The use of the Paypal escrow has no fee.

[fonenumba]

The use of the Paypal escrow has no fee.

PayPal is not an escrow. As mentioned many times they almost always favor the buyer

[klondike_bar]

I tried the other way around, but I found out it would prevent me doing business in the long run..

I understand and you are not breaking any rules against doing so but at least you could of registered another nickname. Some might not be too happy that you are just raising the prices of these miners for personal gain.

Why should I try to hide the fact that I am ready to buy and sell? There is nothing to be ashamed for. The only thing that matters is that, for a specific trade, both traders profit from it.

No both traders with you actually lose profit because you are the middle men pretty much.

Somebody sells at a loss to you and somebody overpays from you.

You are benefiting nobody but yourself.

^thats the entire pojnt of being a middle man. I routinely buy used mining equipment when the price is right (such as the S2 auction), and then advertise it locally for sale.

I probably make $300-600/month through local resales of gear like the S3 or SP20, around 30% ROI.

If MaximeAD can find both buyers and sellers at the prices advertised, I see no problem. OP makes profit, sellers ditch inefficient gear, buyers get local without needing to acquire BTC first or deal with overseas imports and delivery time. Capitalism at its finest

[MaximeAD]

Bump. Update in prices.