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why do users buy bulk amounts of amazon gift cards? - Printable Version

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+---- Thread: why do users buy bulk amounts of amazon gift cards? (/showthread.php?tid=5779435)



why do users buy bulk amounts of amazon gift cards? - Cash - Jan 4, 2018

I'm just curious as to why many users on here buy as much AGC as they can, I mean obviously they can buy $100 cards for like $65-$75 but then what are they doing with like a $1000+ worth of amazon


RE: why do users buy bulk amounts of amazon gift cards? - debug - Jan 4, 2018

Selling them for higher % or buying items at a discount and reselling them most likely.


RE: why do users buy bulk amounts of amazon gift cards? - Jake - Jan 4, 2018

purse.io

they make money from that xd


RE: why do users buy bulk amounts of amazon gift cards? - Cash - Jan 4, 2018

(Jan 4, 2018 02:23 PM)Disinterested Wrote:  purse.io

they make money from that xd
Can you explain more? If they buy a $100 card for $75 BTC and then were to fulfill an order on Purse wouldn't they only get around $75 BTC lol


RE: why do users buy bulk amounts of amazon gift cards? - L1JP3 - Jan 4, 2018

I've been wondering about this too tbh.
I always just thought they buy physical items at a discount & sell them for profit?


RE: why do users buy bulk amounts of amazon gift cards? - The Slotfather - Jan 5, 2018

(Jan 4, 2018 02:33 PM)L1JP3 Wrote:  I've been wondering about this too tbh.
I always just thought they buy physical items at a discount & sell them for profit?

That was what I was doing and it worked great but I've got scammed with about $600 in 2 days and I decided to stop


RE: why do users buy bulk amounts of amazon gift cards? - B0Trun - Jan 5, 2018

They are converting the virtual currency into real cash / product without paying the tax

Hope this explains you more clear


RE: why do users buy bulk amounts of amazon gift cards? - Ariaa - Jan 5, 2018

(Jan 4, 2018 02:26 PM)gucciflame Wrote:  Can you explain more? If they buy a $100 card for $75 BTC and then were to fulfill an order on Purse wouldn't they only get around $75 BTC lol

This is true, but the larger buyers get better sell rates, over 80%. There are greyhat ways to greatly increase the profits. Lastly, as another user explained, basically reselling goods gets you a decent 15% profit. It's not an income but it works hella good as beer money.


RE: why do users buy bulk amounts of amazon gift cards? - Cash - Jan 6, 2018

I'm still wondering this lmao


RE: why do users buy bulk amounts of amazon gift cards? - Nebo - Jan 6, 2018

AFAIK.
1. Purse.io
2. Get products and resell at a higher rate. Buy a PS4 at 70% rate for AGC (standard rate on HF, if not the best one), resell for 95-100%, easy 20% profit ($330 PS4 for 230$ cryptocurrency, resell in real life for 330$, easy 100$).


RE: why do users buy bulk amounts of amazon gift cards? - Cash - Jan 6, 2018

(Jan 6, 2018 02:34 PM)Nebo Wrote:  AFAIK.
1. Purse.io
2. Get products and resell at a higher rate. Buy a PS4 at 70% rate for AGC (standard rate on HF, if not the best one), resell for 95-100%, easy 20% profit ($330 PS4 for 230$ cryptocurrency, resell in real life for 330$, easy 100$).
Wow yeah I can get a PS4 for $280 on Amazon with Prime and sell for $330 on eBay. At 70% per gift card I could get one for $196.


RE: why do users buy bulk amounts of amazon gift cards? - FamousHater - Jan 6, 2018

(Jan 6, 2018 02:34 PM)Nebo Wrote:  AFAIK.
1. Purse.io
2. Get products and resell at a higher rate. Buy a PS4 at 70% rate for AGC (standard rate on HF, if not the best one), resell for 95-100%, easy 20% profit ($330 PS4 for 230$ cryptocurrency, resell in real life for 330$, easy 100$).
no one is paying 330 for a ps4 lmao


RE: why do users buy bulk amounts of amazon gift cards? - Cash - Jan 6, 2018

(Jan 6, 2018 02:43 PM)FamousHater Wrote:  no one is paying 330  for a ps4 lmao
https://www.ebay.com/itm/Sony-PlayStation-4-Pro-1TB-Console-PS4-Pro-Brand-NEW/311983051175?epid=231989806&hash=item48a3a391a7:g:HHAAAOSwK~RZ52rH