Cost at Vessel is 30 Steem, he was charging 36 as "cost" and then charging on top of that.
$50 is what he was charging for the service.
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Cost at Vessel is 30 Steem, he was charging 36 as "cost" and then charging on top of that.
$50 is what he was charging for the service.
30 x 1.11 (internal market current price) = 33.33
Closes most of the gap to 36 at least, and he probably used a price of 1.20, where it's hovered for awhile.
I'm not saying it wasn't a bad idea, but I don't think it was pre-meditated money making scheme. If it was, he could have done it cheaper and pocketed more, no? Ignorance of the alternatives seems more likely.
Or, he could have know both ways and decided to charge the higher price and then pad it.
But, we don't know his intent, other than he seems like the type of person to sell free stuff for $180.
"we don't know his intent"
Agreed. I am open to any evidence on this point.