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  #1627  
Old 01-30-2007, 04:30 PM
iSTRONG iSTRONG is offline
Senior Member
 
Join Date: Sep 2004
Location: Bristol, UK
Posts: 4,096
Default Re: Peer to Peer transfer NET who do U trust ?

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To those of you guys bickering last nite about price gouging (Met and Vic?)......this is how I see it. 3% is waaay too low. Not only is there a slight risk....but in a lot of cases, it's not a 5 min procedure. Sometimes it takes 2-4 hrs or more for transactions to go thru and you have to stay up talking to the guy on IM so you don't look like a scammer. Also, I view this as a service like any other service. We do work, we get paid. Here in Canada, anything you purchase has taxes GST/PST....for services it's 7% and for goods, another 7%....so any business transaction we do is going to be between 7 and 14%. Since we are dealing only with a service, I think 7%+2% NT fees =9% is reasonable. 5% is way low.....12 might be a bit high.

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I agree with slim even though i can't trade anymore...