5 ms·
It's a trust issue. This way, our interests are aligned, and people aren't going to think 'Hey, this might be worth something - I'll hang onto it'. I'm going
by AlexMuir 16y ago
It's a trust issue. This way, our interests are aligned, and people aren't going to think 'Hey, this might be worth something - I'll hang onto it'. I'm going to get the best price for their stuff, and they can see it. Cash4gold pay as little as they can get away with - I don't want to be 'exposed' in the scams section of the paper.
- olalonde 16y agoCash4gold is not a scam and they make a shit load of money. The trust issue in my opinion will lie in you walking away with people's stuff with no real incentive in getting the best price out of it since every sale is profit for you. Also, what will you do when an item doesn't sell after some time? Do you ship it back to its owner? Just think carefully about your business model because profit-sharing might not be the best way to go.
- astine 16y agoCash4Gold is a terrible investment. you can nearly always get a better price at your local pawn broker (or hell, eBay.) They may not technically be a scam, but they are still perceived as such and have a terrible reputation amongst customers.
- aberkowitz 16y agoCash4gold is a scam in the sense that they prey on uninformed people, and make it difficult to get items you do not wish to sell back.
- olalonde 16y agoI'm with Arrington on this. "Making obscene profits may make you jealous, but it isn’t evil. There’s a reason so many people are using the Cash4Gold service – it’s easy and convenient. They don’t make promises on their website that they don’t keep, and they aren’t tricking or scamming people. They are simply buying low and selling high, and that’s capitalism at its finest."[1] [1] http://techcrunch.com/2009/10/04/there-is-a-difference-between-evil-and-just-absurdly-profitable/ http://techcrunch.com/2009/10/04/there-is-a-difference-betwe....