BitShares Forum

Other => Graveyard => MemoryCoin => Topic started by: MaxPWR on March 07, 2014, 05:57:54 pm

Title: MMCBANK - Max's MMC4USD
Post by: MaxPWR on March 07, 2014, 05:57:54 pm

To help me fund other evil plans:

I will buy MMC for Paypal.

My reserves / stocks are limited - so priority goes to officers first, then miners of dwarfpool.com. If people are interested, PM me for personal payment details or reply with general questions.

US only.

This is "person-to-person"...not a full-time merchant...so we can negotiate.  I think BTER/Bitstamp bid prices + 10% for development is fair...

Large orders may require ID / etc verification in a tiered approach by either me or another customer / officer I trust.

Title: Re: MMCBANK - Max's MMC4USD
Post by: ManeBjorn on March 12, 2014, 08:04:06 pm

Even if someone sold you MMC for PayPal they get hit with huge fees for accepting a payment.
Is that factored into your prices?

Title: Re: MMCBANK - Max's MMC4USD
Post by: tomorrow on March 12, 2014, 08:30:42 pm

Hey, a bit confused, why not trade on bter  :-\

Title: Re: MMCBANK - Max's MMC4USD
Post by: MaxPWR on March 18, 2014, 10:53:12 pm

If it were a first-time test with a small-amount, I think there's an option to categorize without a fee, then the 10% would cover any paypal fee on my end for for regular / larger amounts...I think about 4%? May change if higher... Also covers any trading / timing / hedging / reserve risk I decide to take.  Structured ID requirements should be developed.  For example, let's say no ID / etc up to a monthly USD amount equal to the number of forum posts in your profile?

So, final cost to you is:

bter mmc/btc and bitstamp btc/usd + 10%
Spread will benefit me, so:
Bter MMC/BTC BID X Bitstamp BTC/USD BID = MaxMine MMC/USD BID

The 10% covers transfer fees (may change), and development.