Quote:
Originally Posted by trader  Confused as to why pricing in non-dollars would maximize your price? |
A British buyer might not mind 5000 GBP, but it just looks (all in your mind) different when you see 9430 $.
If the seller only wants 5000$ but offers it in GBP he will certainly maximize his winnings - and the buyer might not even be aware that he paid "more".
A sandwich costs me about 2 GBP, which I don´t mind spending. I don´t think about it. If it was available for only 2$ I would eat them all the time....and become fat.