He also said that the registration procedure costs him $36 for each user.
Can he explain why it costs him $36, when other witnesses will do it at cost for $6 STEEM?
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He also said that the registration procedure costs him $36 for each user.
Can he explain why it costs him $36, when other witnesses will do it at cost for $6 STEEM?
He was doing it via Vessel out of (presumably) ignorance. That costs 30 (Steem?) per account created.
So, potentially not malicious but overpriced.
Actually, stating that the cost is at a certain amount when the cost is much less, is being malicious. The handling fee on top of the inflated cost is just the overpriced bit.
"Actually, stating that the cost is at a certain amount"
If we at least consider his side of the story as plausible, he thought he was going to be using Vessel, where the cost is reportedly 30 Steem?
Offering at cost would be silly, because anyone taking Paypal is taking risk of chargebacks.
Bad service, but I don't think it was a scam or malicious. Just dumb.
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.
"Actually, stating that the cost is at a certain amount when the cost is much less, is being malicious."
PS - You don't know what malicious means.
It requires intent, which you are ignoring.
He can't explain anything because he doesn't know what he's doing.
Ironically, that IS the explanation.