How often do dealers update the prices on their websites?
I noticed that one dealer's site that I check out quite often updates the prices somewhat regularly. There were two particular coins I was interested in, and they both changed prices (one went up and the other went down, actually). How regularly do dealers change the prices on their websites? Also, do the dealers have any way of tracking how many "clicks" they get on a certain coin and interpolate demand, and therefore adjust prices accordingly? Just curious.
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
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Comments
They can also tell what IP address those clicks are coming from. If you've been ogling
a certain coin over and over, they could raise the price, anticipating a sale, or lower
the price to try and get you off the fence.
I'm guessing that most dealers don't have the resources and/or time to pay detailed
attention to this stuff, though.
Ken
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire