Whats the demand for gold?

Discussion in 'Market Discussion' started by X4NRSA, Aug 11, 2014.

Whats the demand for gold?
  1. Unread #1 - Aug 11, 2014 at 7:36 PM
  2. X4NRSA
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    Whats the demand for gold?

    Ive sold more than 2 bill 07 gold to gold merchants because I did not want to go through the hassle of opening a gold shop but now I see that the extra 0.5c/M will really make my profits bigger.

    Long story short, is the market big enough to sell about 1b 07 gold monthly at competitive rates without losing too much time?
     
  3. Unread #2 - Aug 11, 2014 at 7:49 PM
  4. Sempiternally
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    Whats the demand for gold?

    Yes, you will have no problem getting rid of it. But the problem is if its all on 1 acc, the chances of a ban.
     
  5. Unread #3 - Aug 12, 2014 at 2:58 AM
  6. Chris
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    Whats the demand for gold?

    Imo, your gonna get a ton of people trying to use paypal to chargeback, and if you use PA there fees will eat the profits your making over selling to a gold merchant. So if you wanna do this, your best bet is to invest $200-300 in a website and sell it there for .1-.25c cheaper then the gold merchants to help prevent chargebacks. If you don't wanna spend a lot of time doing this, then don't bother.
     
  7. Unread #4 - Aug 12, 2014 at 3:10 AM
  8. WolfRunescape
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    Whats the demand for gold?

    Join the DDIS with MMORPG
     
  9. Unread #5 - Aug 12, 2014 at 5:20 AM
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    Whats the demand for gold?

    Its not like you're getting a free 50cents, you have to take bigger ban risk, accept payment methods customers wanna pay with, deal with scammers and spend a lot of extra time.
     
  11. Unread #6 - Aug 12, 2014 at 6:44 AM
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    Whats the demand for gold?

    Exactly.

    Weigh the pros and cons. Would you rather a guaranteed safe payment from reputed gold merchants, or a higher reward with certain risk.
     
  13. Unread #7 - Aug 12, 2014 at 6:56 AM
  14. Nytrix
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    Whats the demand for gold?

    If only it was that easy ^_^
     
  15. Unread #8 - Aug 12, 2014 at 8:46 AM
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    Whats the demand for gold?

    idk if rs 07 dies idk if there will much demand for eoc anymore
     
  17. Unread #9 - Aug 12, 2014 at 10:02 AM
  18. X4NRSA
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    Whats the demand for gold?

    Well to rephrase the question, is it worth the time to deal with it all?
    My income of 07 gold is just going to get bigger and bigger.
    I usually find 3 buyers a week and dump 70m-100m to each of them and move on, 15 mins out of my day.

    edit - Someone gave me some good advice, As I am a uni student, I dont have the time to invest hours a day dealing with people who may potentially scam me.
    I do admit the extra $500 a month is alluring
     
  19. Unread #10 - Aug 12, 2014 at 10:49 AM
  20. l0llyp0pst3r
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    Whats the demand for gold?

    Ur rlly gonna have to consider scammers especially if u use pp as a method to get the money. Ban rates as well eventually u gotta ask urself if the risks will be worth the extra cash. Time wise if ur gonna sell at market rates, u aint gonna consistently find buyers who are buying large amounts, usually u will get ppl buying 5-20m or so so definitely it will take more time
     
  21. Unread #11 - Aug 12, 2014 at 2:01 PM
  22. Tyler
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    Whats the demand for gold?

    If your income is so large that you would earn 500$ from an extra .5 cents a mil I wouldn't bother. Go the safe route
     
  23. Unread #12 - Aug 12, 2014 at 4:42 PM
  24. RocketPower
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    Whats the demand for gold?

    safe route dont bother going small on gp market.
     
  25. Unread #13 - Aug 13, 2014 at 9:58 AM
  26. ConnorP
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    Whats the demand for gold?

    in my experience with selling gold paypal is probably the worst payment method to go through seems like most members here on sythe in the rsgp buying community just seem to chargeback nowadays
     
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