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@blackhatbill Thanks for the excellent review.
Reps to both

Very insightful your review, Blackhatbill!!! I have not finished watching but I've noticed those contradictions, indeed !!! Max Reps to you too for this good alert to save us time and money !!!!

Great review blackhatbill!

Oh wow. That sucks then. But speaking as someone who has done retail arbitrage if you can get a guaranteed 13% discount then that would be good, but like you said there are fees involved with bitcoin which I know little about. The reason 13% discount would be good is because you would have marked up the item at least 10% on top of ebay fees so the buyer would have paid that already and there are ways to get cashback as well, but there's a reason why retail dropshippers use sites like amzon and walmrt. Their reliability.

I think they sell more by people who are curious about their product. I hate these programs that give you a sales pitch and don't tell you what the product is about, only that you better get this before it's gone!

(07-31-2017 10:48 PM)demargoo Wrote: [ -> ]12 Hours Arbitrage (FE ONLY)

01 Introduction
https://www.youtube.com/watch?v=R_MICsVWf04

02 Overview Of 12 Hour Arbitrage
https://www.youtube.com/watch?v=gx5sGZY8Pvg

03 Setting Up Purse
https://www.youtube.com/watch?v=4GuVvtiURNI
https://purse.io/

04 Coinbase Setup
https://www.youtube.com/watch?v=GWZFuKclXuc
https://www.coinbase.com/?locale=en-US

05 Step By Step Walk Through of Purse.io
https://www.youtube.com/watch?v=uXYay5QULqA

06 12 Hour Arbitrage Strategy
https://www.youtube.com/watch?v=jLG76W3ENBo

07 Production Selection
https://www.youtube.com/watch?v=yxgun4q5sa8

08 Live Case Study Walkthrough
-In this video will go thru a case study walkthrough.
We share every part of the case study.
You will see a live example of selling a product and then ordering the product on Purse.
You will see live some great profits!

https://www.youtube.com/watch?v=xte2CgdhS4g

09 Introduction To Shopify
In this video will go over the ecommerce platform Shopify.
We will cover how you can use this great platform to scale the 12 Hour Arbitrage to hundreds of dollars a day.

https://www.youtube.com/watch?v=LcsPD2N_fqw

10 Paid Traffic Sources
In this video we will go over two paid traffic sources.
They are Facebook and Instagram.
We will share basic Facebook ads and how you can run Instagram ads as well.

https://www.youtube.com/watch?v=2rjzq3IO4AE

11 Facebook Fanpage Setup
In this video we will go over setting up your first Facebook Fanpage.
There is a link below for all of the images sizes you will need to get everything setup quickly.

https://www.youtube.com/watch?v=yfskWK_uwFU
https://www.facebook.com/PagesSizesDimensions/

12 Shopify Setup 2
In this Video I will go over setting up another Shopify Store.
There are many small details that I cover in this training that are not covered in
the first Shopify training video. I wanted to make sure that I covered as much as
I could so you can have one of these Shopify Stores up in no time.
The Shipping Rules Are On the First Shopify Training Video.

https://www.youtube.com/watch?v=ZaBaWP73vgs

13 Conclusion
https://www.youtube.com/watch?v=OMkYTcWrI9g

Not very interested cause its from Revallhadenouf but repped you accordingly...full max repps....thanks bro.

Thank you, Blackhatbill, for the great review... reps added.

While this particular method might not be foolproof, this does get my mind spinning with possibilities...

Seems to me there are 3 factors generating possible Amazon discounts here:

1. People with unused gift cards may be willing to accept a discount to get cash for their Amazon credit. Example: someone with a $100 gift card might be willing to accept $95 to buy a $100 item for you. Especially if a) their card is fraudulent, or b)...

2...You pay in bitcoin so the buyer avoids (or profits from) the bitcoin exchange costs.

3. The item is purchased through an Amazon Associates link, generating a referral commission of 6% - 10%

Put all these together, and I can imagine a discount of 15% or more from the Amazon store price.

I still don't see that as enough to justify arbitrage by posting to eBay, because the eBay/Amazon markets are pretty efficient (lots of people looking for ways to arbitrage between the two), and the transaction costs are going to be around 15% or more.

However, I do think it might make other ecom opportunities even juicier. For example, selling retail through Craigslist. Or pricier sites like Etsy. A lot will depend on the item selected.

Purse.io looks like it is worth experimenting with. It appears to have venture funding, so while it may not be as reliable as Amazon, it doesn't look like it is a scam site. There may just be some golden nuggets waiting to be found in this method.

Note: Just started this thread so others would be aware since it was posted on request section instead of [GET] section, so took the initiative to start this thread for everyone who wasn't aware, do not thank me, but thank THEM not me!!!.

Very cute, funny AND helpful - Thanks Blackhatbill !!:

(08-01-2017 06:45 AM)blackhatbill Wrote: [ -> ]First off, it's fairly obvious that neither James nor Jay have spent any time doing this method. James basically admits that they just dreamed this up out of thin air in the first couple of videos.

What does that mean?

It means we have another course from the master of theory and dreamed up methods, James Renouf.

It was actually comical watching these 2 bumble and fumble through these videos. It seemed as if neither of them really had any idea what they were trying to teach. The videos, some done by Jay, and some done by James, would often times contradict eachother.
BHB

In other words=>

This part really says all that is needed IMO:

(08-01-2017 06:45 AM)blackhatbill Wrote: [ -> ]All of this leads to, in my opinion, another steaming hot pile of theoretical garbage by Mr. Renouf.

Icing on the poop-cake ?!?:

(08-01-2017 06:45 AM)blackhatbill Wrote: [ -> ]EDIT: The shopify, Facebook and IG methods at the end of the course are like putting lipstick on a PIG. So now, I'm going to Pay for Shopify AND expensive FB ads for an already risky transaction that is most likely losing me money from square 1? GTFO

(+Rep added, of course.)