For example, right now XMR is $215 USD/XMR, but there’s an offer listed at $210/XMR and another one at $213/XMR. This seems to happen relatively frequently. Anyone know why this is?
For example, right now XMR is $215 USD/XMR, but there’s an offer listed at $210/XMR and another one at $213/XMR. This seems to happen relatively frequently. Anyone know why this is?
Because the person making the offer doesn’t want to lose money. If you are doing cash in mail and they offer to pay $210 for every $215 in XMR that’s about 2% profit which is fairly reasonable.
I think you misunderstood my question. I posed it as a buyer responding to a sell offer. Why would a seller offer XMR for $5 less than market value and want to lose money?
Oh i had it backwards yeah.
If it’s under valued than the reason is probably expediency