odd1
New Head-Fier
- Joined
- Jul 7, 2008
- Posts
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I've always thought buying and selling is pretty simple.
Something is only worth what someone is prepared to pay for it.
If someone decides to sell something above what they paid for it and someone, for whatever reason (to lazy to research a better price, as an example) then that is what it is worth.
If no one wants it because the price is excessive and the seller does not want to keep it, then it is effectively worth nothing.
Something is only worth what someone is prepared to pay for it.
If someone decides to sell something above what they paid for it and someone, for whatever reason (to lazy to research a better price, as an example) then that is what it is worth.
If no one wants it because the price is excessive and the seller does not want to keep it, then it is effectively worth nothing.