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Is it possible to do the following: Invent a fake book Post it for a high price Watch Bots price it up Buy one from a bot Sell the only real one far above
by wtvanhest 15y ago
Is it possible to do the following:
Invent a fake book
Post it for a high price
Watch Bots price it up
Buy one from a bot
Sell the only real one far above the bot price
Profit? (because the bot owner must then buy the book to ship it to the person who already bought it?)
- jerf 15y agoIf you can make that actually happen, the bot will end up canceling your order and take the reputation hit. It's all a numbers game to them.
- wtvanhest 15y agoI remember reading an article before which stated that the bots are able to charge a higher price because they have a good reputation. I guess it depends on how much you want to make. Maybe the bot would pay $1 extra, but not $20 extra?
- spullara 15y agoThe reason this doesn't work is that it isn't like eBay. You are not required, as a seller, to complete a transaction.
- pbhjpbhj 15y agoYou pay $100 for the book and get $15 back, say, as your 30% cut. Then they buy the book from you for $90 ... /jk