Coins for product?

Guest · Post by **Guest** » 03.09.2007, 17:59

How does this trade work? Like selling 2,000 steel to someone for one coin?

Guest · Post by **Guest** » 03.09.2007, 19:11

You send them a coin for [x kapis] in a contract

They send you back a contract of y wares for [exactly x kapis].
Preferably, with those y wares being enough of them to consider the contract being a good deal for you, but not a deal so good that it would be against the rules, and beep each and every alarm on the mods' desk when sold for x

Be careful though. In the original contract, the coin shouldn't be sold under the market price. Indeed, because this is not a true "transaction", in the strict sense of term, they could potentially accept your contract and then never send you anything back. If that happens, you can't cancel the transaction and recover your -undersold- coin.

Vice versa, overpricing the coin in the original contract is a risk they'll probably not want to take either, because you could refuse the return contract (with the y wares) and they'd end up with an overpaied coin on their hands.

Be sure the person you do these deals with can be trusted. Check your prices against the market, both for the wares AND the coin. Check if other people already did such deals with them, and if it went well =)

Guest · Post by **Guest** » 03.09.2007, 19:30

Excellent advice....I was going to say the same thing, but not nearly as well.

Guest · Post by **Guest** » 04.09.2007, 06:17

ok. so if i want to buy a coin?

I send like, the steel for say 125 each? and then he sends me a coin for 250,000?

But then i've just broken even?

Makes no sense.

Guest · Post by **Guest** » 04.09.2007, 07:06

Klasanov wrote:But then i've just broken even?

What do you mean by that? Do you want to trick someone, like sending him wares for 100.000 caps and get a coin for that price?
Would look like cheating to me, don