Subject:
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Re: trading
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Newsgroups:
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lugnet.market.theory
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Date:
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Tue, 11 Jan 2005 23:02:44 GMT
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Viewed:
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3466 times
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Some thoughts:
While using cash is a pretty efficient way of doing things, it does have a
cost. Surre, the cost is often pretty minimal, but nevertheless there is a
cost. Of course a trade has its own costs. TANSTAAFL - There Aint No Such
Thing As A Free Lunch.
A trade can be valuable when you have a specific need and you only want to
give up something you have if your specific need can be met right then. I
have a standing trade offer open for 2 pr of yellow w/red stripe train doors
(generally with stickers) for 1 pr of blue doors with red stripe. Recently
at NW BrickCon I was able to complete such a trade. Sure, I could sell my
yellow doors and later use the money to buy blue doors, but the offer of a
trade pried the blue doors loose when they might not otherwise have been for
sale.
Of course the US is so concerned about people avoiding taxes by trading that
it has threatened to levy taxes on the value of trades in the past...
Trades can be effective when people can't translate the value of their item
into a cash value, but can translate it into a trade: "Sure, I'd trade A for
B."
Trades can also feel more "fair" when trading items that have a cash value
much higher than what the traders paid for the items, especially if only one
trader paid a below market price for their item. I know I have traded rare
sets for other rare sets and felt I got a good deal, even though I paid
market value for my item and in all likelyhood my partner got his item on
sale.
Frank
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Message is in Reply To:
 | | Re: trading
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| (...) That's all well and good, but if you *do* find someone that has what you want and wants what you have, trading can be both a positive experience *and* an efficient way to do the deal. And sites that seem to be biased towards cash transactions (...) (20 years ago, 11-Jan-05, to lugnet.market.theory)
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