02-06-2010, 11:54 AM
Hi, I sold many $1 bills for as much as $50 on eBay :w00t:
This seller is selling a $1 bill at a loss !
Jester since Jan 28th he sold 164 1 dollar bills this way, not a smart way to raise your Feedback count:)
This seller is selling a $1 bill at a loss !
Jester since Jan 28th he sold 164 1 dollar bills this way, not a smart way to raise your Feedback count:)
Quote:The transaction costs would make this a prohibitive way to launder money. If you knocked over a 7-11, you'd have to make about a hundred of these sales just to launder that much - imagine if you were selling drugs, or robbing banks for tens of thousands, or millions! Even 10s or 100s would require a huge number of transactions to launder any useful amount of cash, and I can't imagine a more conspicuous way to do it.
Honestly? Unless someone showed me exactly how this is a scam, I'd just assume someone's having some fun - seeing how much a dollar sells for. It's not an unheard of concept.
-Jester
(Yes, I understand the game "dollar auction" does not follow the same rules, and works differently.)
________________
Have a Great Quest,
Jim...aka King Jim
He can do more for Others, Who has done most with Himself.
Have a Great Quest,
Jim...aka King Jim
He can do more for Others, Who has done most with Himself.