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in the end they are in a business of profit making, we try to find tricks and loot them, they will shut all the taps!Coincidentally it seems all the nerfing like rent excluded from milestone (plus extra charges) and now this was around the same time everyone started to get FYF?
The major issue was people had started buying gold from these 50k worth vouchers and gaining Edge points.in the end they are in a business of profit making, we try to find tricks and loot them, they will shut all the taps!
i dunno why thats bad though. Real problem comes when people start rotating money.The major issue was people had started buying gold from these 50k worth vouchers and gaining Edge points.
Buying gold is also a type of rotating money if you know what you are doing (buying and immediate selling) and don't worry about taxes.i dunno why thats bad though. Real problem comes when people start rotating money.
buying and immediate selling will cost quite good amount of losses too! and on the same lines one can sell anything they buy back on olx 😀Buying gold is also a type of rotating money if you know what you are doing (buying and immediate selling) and don't worry about taxes.
Not true. Buying and selling of 2gm gold coins (especially certain brands) cost just Rs. 1000/- max. And in general 2gm gold coins cost around Rs 14000 right now. So that is 4200 Edge Points on spend of Rs. 1000/- (320% gain). The issue here is taxes as well as you need to find the store of the brand to sell the coin.buying and immediate selling will cost quite good amount of losses too! and on the same lines one can sell anything they buy back on olx 😀
Yeah! Amazon might definitely do that.agreed there, maybe amazon too stops selling gold coins with vouchers soon, as it has stopped wallet loading through cards and for cc bill payments apay cannot be used
Just wait for IT Department to come knocking doors. Divine justice, plus it's been done with the sole intent to profit but I wonder how they'll take it and tax it.The major issue was people had started buying gold from these 50k worth vouchers and gaining Edge points.
true to the T!! people went east india company on these things and now we have an 1857 revolt 😢Just wait for IT Department to come knocking doors. Divine justice, plus it's been done with the sole intent to profit but I wonder how they'll take it and tax it.
While sometimes it's a gray area or divisive you can't deny MANY people here abused it to an extreme. Sadly, it got spoiled now and there's no going back
That's the part I always disliked about the forum, it's being used to promote abuse of these cards among other things. While some don't do it with that intention and some do it within a "reasonable" amount, there is people abusing to an extreme.
I just hope they get caught one way or another.
This is what has spoiled all the good things that we have around in general.