re: Poker & Cake Poker - Transfer for Profit Crackdown
I didn't victimize anyone. I paid the fair market price for Cake at the time. If anything, me purchasing Cake was a good thing for everyone because it brought competition to the marketplace driving up the value of Cake dollars. People made the conscious choice to trade with me because they valued money immediately over having to wait 3-4 months, even then with the possibility of their checks bouncing.
I'm not claiming to be philanthropic here because I clearly profited, but to call me a vulture or whatever demeaning words were used there clearly do not suit the situation as others have argued.
Originally Posted by JamesDaBear
However, I could easily amend that to include his 23% markup as victimizing and further preying on the desperate and victimized. It's a gross amount more than necessary. If you lived in this country and had to go through this, you'd think the same.
While it may seem true to the observer, I did have to move out of the United States myself to Mexico
(and absorb these costs, mind you) while they were able to stay in the United States themselves. In addition to that luxury, I had to upgrade several accounts to give myself the ability to move this much money which cost me roughly $750 and 15 spread out hours to obtain.
Its not like anyone can just do this ordinarily. So saying that I should have given a better rate, isn't fair, especially when I brought competition into an open marketplace which dictates the fair price naturally as people value time and convenience over money. Its important to understand here that I didn't come up with that price - that's already what it was selling for before I entered.