PSA: Vendors Cancelling Orders right now

If you put in an order last night or early this morning and your vendor cancelled and told you to reorder, it's time to get a new vendor. They're fucking you by rejecting bitcoin when prices drop so they're not losing any money (you are; you're going to have to buy more bitcoin to purchase their product). You can bet your ass that whenever bitcoin had gone up when you purchased, they're not refunding you the difference, and this is despicable and shady behavior. Stay away from those vendors in the future!


Comments


[67 Points] Seraphim_X:

Start a list right here. That is like price gouging people escaping a flood during a natural disaster. I bet none of them canceled shit when the coins were climbing to the moon last week.


[17 Points] None:

[deleted]


[9 Points] None:

Fuck you guys make a shit storm out of nothing. I went to bed it was $1017. It is now $975. No vendor gives a shit about that $42...If they do you clearly need help picking a vendor.


[7 Points] BudgetBuyer:

green_usa cancelled my order and left me a weird note:

Hello - We are currently having trouble with the escrow system. In order not to hold up your coin we have cancelled and refunded your order. Please check with us in a few days as it should be fixed shortly. Kind Regards, Q


[5 Points] None:

That would piss me off so much


[3 Points] TossThatBag:

Personally, the price and quality of drugs I get on DNMs is so much better (and safer) compared to the streets, I would've hardly complained if this happened to me today. Luckily, my order went through.

Lots of people forget how good we have it nowadays...if stuff like this is the worst thing to ever happen to you in a drug deal, you should thank your lucky stars.


[4 Points] DextroShade:

Why don't the markets hedge anymore like SR1 did?


[2 Points] Mavicix:

Sometimes the BTC price goes up sometimes it goes down. Vendors should account the cost when creating listings. I wouldn't use the vendor again if they cancelled my order.


[2 Points] hulkedbenzoboss-dnm:

I'd never do that. But incidentally, i had someone with an order in dispute (rightfully so as it took longer than 14 days due to Christmas). But when they got the pack, they had the nerve to ask if they could release just 75% of the coins because of the how much the price had increased, and that they could have got more bars for the price now. This made me livid for two reasons...

1) If it had tanked during the dispute i wouldn't be asking for extra coins to make up for it, it's the risk of bitcoins...

2) By the time the buyer did release all the coins, it had infact crashed, when i could have turned it into fiat for a much better price, resulting in more stock. This buyer has now been blacklisted and will not be buying from me again, despite them having bought tens of thousands of bars before.


[1 Points] jaydee0007:

You cant really blame the vendors on BTCs volatilty. Even though it is not ideal.


[1 Points] MRLOUD2017:

BEST FUCKING THREAD EVER 😂😂🤔


[1 Points] pinochetHA:

I think it would be nice if we treated bitcoin like an actual fucking currency instead of a bunch of numbers which can be converted to $. If we treated bitcoin like a currency instead of a speculative investment it might actually be less volatile and get used like a normal currency.

This game of "oh look that bitcoin I willingly gave to you in exchange for a product/service has gained value so therefore you owe me" is retarded. Same applies in reverse.


[1 Points] YouCantBanMe44:

thats what u get for doing drugs bud


[0 Points] drtybngwater:

I'm actually dreading getting on market later.


[0 Points] marmarbinkz:

Bitcoin is far more valuable than it's monetary value.


[-1 Points] tweakingpelicant:

If you're batching stfu it's economics

If your countries currency dropped .. you would expect to pay more for shit imported to your country because your money has less value

Bitcoin drops you ain't gonna get the same price


[-2 Points] kaltkalt:

Makes no sense, the prices are all based on dollars not bitcoin. If i send you $100 worth of bitcoin right now, it really doesn't matter what the price of btc is at, you're only getting $100 worth. Dollars are much more stable in price than btc which is why prices in the dnms are set to dollars.


[-4 Points] DooshNozzzle:

I didn't cancel any of my customers' orders but I understand why some vendors would.

Bulk vendors who rely on large orders but work on slim margins could VERY easily not only make nothing, but LOSE money on an order during times like this. Let's say it's a vendor who buys or sells quantities around 5-10k per order but they only make $500 to 1,000 per order. If the buyer was to place an order last night, they would now be making nothing or even losing money.

How dare you call anyone shady and despicable because they don't want to LOSE money even though they are breaking several laws and risking their freedom? You think people should be selling drugs at a loss?


[-12 Points] None:

What the fuck are you guys talking about? Whiny ass bitches.

You KNOW that when bitcoin shoots up hundreds of dollars it's bound to bounce back down. Usually vendors will remove listing and wait for price stability, sometimes they won't.

But if they wake up to $5,000 in orders and bitcoin dropping that much, I know that I'd rather have my customers take a $50 hit each for being greedy and buying at a price peak than lose $1000 AND send out my drugs.

FUCK THAT!