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Well, needless to say I am very disappointed. She went for only $38 in the auction…kinda speechless typing that…I thought I did a good job on her… 🙁
art auctions are always a throw up on how they will go. Don’t feel bad i’m sure you did a fantastic job.
This is all speculation on my part. I do NOT know for sure if they make a single penny in interest. I’ve researched this a bit and actually asked a few people in the banking business some questions and so far haven’t gotten a straight answer. If it turns out I’m wrong I will happily apologize.
In 2007 (that’s 4 years ago now!! I imagine it’s more these days?) $1,839 worth of items are sold every second on eBay according to an article I read.
$1,839 X 60 seconds a minute x 60 minutes an hour x 24 hours a day = $158,889,600 per day. This is all approximate for 2007 as I’m sure the number fluctuates up and down regularly.The following numbers are all speculation and make believe, but hear me out:
Now eBay MAKES you use Paypal to pay for a transaction.
Imagine if eBay/Paypal were to make .1% (that’s one tenth of ONE percent) of interest on funds that they hold per day. That’s $158,889.60 in interest per day!! Even if the interest earned was even smaller, it’s still quite a lot of money. That’s not even counting the 21-day hold. If they could do it, legally (and I don’t know if they can or not!), that’s a lot of incentive to hold onto people’s money for as long as they can.OMG I never thought of it that way. I haven’t used ebay in months because of there high fee’s. Is there any other sites to use?
I want this dragon! Awesome job Greyfire.
thank you :D. She will be going up for sale later 😉 you can shoot me a pm for more info if you’d like :3
This is my latest little experiment. Well the idea was spawned off another piece that I’ve been working on. The idea was to use 3 basic colors red,green, and brown and to build up from there. I’m calling this one Apple confection :D.
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26
By toshiami at 2011-10-26newest painting I’m calling this one “Hope”
By toshiami at 2011-10-26
