Silk Road forums

Or do a member to member transfer.....

I just xfered 1 btc and it took 3 hours from start to finish. If its not truly washing/tumbling then you might as well just set up a few bitcoin wallets online and off and do 2 or 3 xfers. That way it wont cost anything. But, that guy is part of this group http://app.bitlaundry.com/about So, maybe it is done right...

Another perspective. Lets say a vendor sells F2F. The going rate in his area for product X is 40.00. To make it worthwhile for a vendor to sell here, he needs to make more than what he would F2F. For example, Silk road gets 5 percent which is 2.00 then priority shipping is between 5-6 with DC. Then add another 2 bucks for mailing material and decent printed labels. That adds almost 10 bucks to that order. Then the time. To do it right. you have to wear gloves, etc. and then travel to the post office add a couple of bucks for that. So, right there brings the cost to about 52 bucks. Now, lets add the cost to get the BTC's into cash, lets add about 5 percent for the mt gox fees and other fees. thats another 2 bucks.

So, now we are at 54.00 dollars for the 40.00 item. Then there is the BTC fluctuation. Since its hedged right now, it shouldn't take too long to do all of this. so lets add just a buck for that.

So, now, for me to put 40 bucks into my pocket, I have to charge at least 55.00 just to make what I would normally make. So for the pain in the butt fee lets add 5 bucks. etc lets say the product goes for 60.00 and thats being conservative. So, basically thats roughly a 33 percent mark up that needs to be done in order for it to be worth selling on SR.

Now, it depends on the product, etc. If I have an endless supply and it only costs me 10 bucks, then I would need to sale on SR because it means a lot more profit. But, if youre limited on the items its very important that the vendor gets what he is asking for on sr because it wouldn't be that difficult to unload to friends, etc.

The above is hypothetical and everyone is different. I just want to point out that a vendor needs to add a substantial amount to cost to make it worth it .It also depends depend on the product, etc.

I just wanted to put things into perspective a little bit more for buyers. So, if you see that it costs between 30 percent and 40 percent more than what you can get it for, the above is probably the reason.
i know I may have not made sense, but I'm tired.

I was thinking about offering needles and micron filters and milligram scales.. I would charge just a little more than what it costs me plus shipping. I wouldn't be doing this as a money making venture. Plus, I don't think I've seen them offered here. If there is a demand for them, Ill look into offering this.

Good idea? or no?
CP

i think with mac's you have to use the mail system. You really don't to have mail it but thats how you encrypt and decrypt. i could have figured it out but I too was having issues. There are others on the board that are using mac just fine. I bagged using mac os and just have Virtualbox running windows and downloaded the windows version and was up and running in less than an hour...I have the virtualbox up with windows running and then I have my regular mac osx going. Whenever I have to message or give one i just jump into the VB window. Pretty easy..

Kind of nice to have 2 operating systems running at the same time, right next to each other.. I could have used parallels too, i guess. Or even bootcamp.

 

Can my picture be on the new BTC paper? Kidding of course. It would be funny to have a picture of Bill gates or someone like that on it. It struck me funny when I imagined paper BTC and what could go on it..

i would be leery to put that in my body. Especially since you have no idea from who it came.  You should check to see if any vendors that you purchased from is offering what you think is H. While its a nice surprise, i would want to verify who sent it, I'd probably toss it..

35 bucks for a 4mg dilly is quite high. That's why I was asking. granted, items here will be more expensive that on the street, but when I saw that price, I saw dollar signs, lol....

Yea, Im going to keep with what I have. there is plenty of demand...