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starterkit

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The reserve price was at $170, my counter bidder was bidding about the same?

Can I have more feedback? Im starting to feel really bad. Not good on my first tank :(
 

jenniebutterfly

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i cannot say you got ripped off because you did bid that high, the person did not make you bid in any way or encourage it. i say you should price each thing on it's own, and deduct about 25% off that amount to see if you did bid too high on it.
 

4angel

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Hay by no means should you feel bad. Trust me Ive purchased a bomb my self and I know there are a few others that would admit the same. (maybe we should start a thread on this subject here)For what its worth It wont cost you a dime next time to ask for a sugestion here on the board before you buy. Enjoy what you have.
 
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starterkit

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Youre right Jenn, I might have ripped myself off there. Thats ok, Im sure there will be plenty of help here as far as setting my tank up,

Anyone selling a coralife bulbs, 10000K 2X55 Watts or 2x60? Used is ok.
 

jackson6745

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Starterkit don't sweat it. You own the tank now, just concentrate on what you want to put in it. I don't think you got ripped off, thats a sweet little setup
You should buy new bulbs though.
 

jenniebutterfly

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but you know what, you like the tank and that is all that matters. it is pretty nice looking, i have seen it on ebay before. what i don't understand is they show it running with bulbs, but none are included. for the price they wanted for it, it should come with the bulbs. but post some pics of it set up when you do, i bet it will look nice, and eventually you will forget about how much you paid for the tank
jennifer
 

alrha

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by definition, an item can only sell at a price that both the buyer and seller agree upon. If you were willing to pay that price, then clearly it is worth that much to you and you did not get ripped off. as a matter of fact, there is no such thing as getting ripped off unless you thought you were getting one thing but ended up with something else of lesser value.
Especially in this hobby, you will see lots of corals and stuff for sale from hobbyists. there is no way to know exactly what something is worth as you usually cant just price match it as you would with electronics. it just depends on how much the item is worth to the buyer and to the seller. For example, i may have a coral that i love and i would not sell for less than $100. someone else may not care that much for that particular coral and not pay it, so nobody gets ripped off. if someone finds the coral to be so beautiful that he wants it ever for $100, then he did not get ripped off either, because to HIM it was worth it.
Now, there is always the opportunity cost involved, which may be what you are thinking about here (and what others have mentioned above). The opportunity cost, is the cost of an alternative. in other words, how much would it cost for a similar product elsewhere, or how much you can get elsewhere with that same money. That just comes down to doing a bit of research before buying something, just checking what others (hobbyists or retailers) would sell such a set-up for would probably be your best measure to compare and see if you are getting a steal, paying the average price, or paying a premium.

There was some discussion in earlier threads about some high priced corals that got sold on Reef Central. but when it comes down to it, there were people willing to pay those prices, so the seller did not need to lower his price.

Hope you enjoyed your little shopping lesson :D
 

jackson6745

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If a buyer bought something used and paid more for it than he could buy brand new, then he ripped himself off
Supply and Demand is usually the determining factors for price on livestock but on dry goods there are many distributors to set the retail price. FWIW I do think those paying $60-$80 per head of a acan lord are out of their freaking minds!!!! It's a fast growing coral and is abundant in the wild.....just not a lot of them here YET. Over the next few months you will see a load of these things pouring into the market and they'll be dirt cheap (Don't ask me how I know
)
 

jcurry

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Don't sweat it, in this hobby $170 is a drop in the bucket. And there's always a better deal around corner. I'm sure you'll be more savvy on your first upgrade to a larger tank.
 

jenniebutterfly

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hahaha jackson, i want an acan so bad, not because of the trend, but because like them.. but i am not crazy enough to pay $60 a polyp. heck i would not even pay $30 a polyp, so hopefully one day the price will go way down and i can have my acan lol.
 

ShaunW

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Australia
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You guys are nuts, :D . I would pay $30 for a A. lord polyp in a heartbeat! $60 is a good price!

I think that this fad with be here for awhile, since they don't grow as fast as some people suggest. Additionally, it is illegal to bring them here to the USA from where they are endemic.

I wish I could post a picture that would instantly change your mind, but unfortunately it is not mine to post, ;) .
 

ShaunW

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Australia
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I do hope that we see more A. lords available at a price that doesn't break the bank.

But I've been looking for a purple monster for a LONG time also for the right price, but it just doesn't seem to happen, :( .

Michael that must be some fish! The most expensive fish in my tank is $30, if that (I like the cheap fish the most).

My tank = ultra cheap fish, expensive corals!

[ March 02, 2005, 10:52 PM: Message edited by: solbby ]
 

marrone

The All Powerful OZ
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Shaun

Some fish go for unbeliveable price. Before Red Sea fish became available Maculosus would go for over $1k and Asfer, if you could find one, even more. I think back in the late 80's at one time I probably had about $5k-$8k of fish in one tank.

So don't fell bad if you every pay to much for a coral.

Michael
 

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