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Originally Posted by xanthuos
(Post 12182420)
It's up to THEM, not 3rd parties, to decide what they would like to receive in exchange for those miles.
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Originally Posted by dhammer53
(Post 12182143)
No posting to a thread unless you plan on participating in a transaction with the original poster. Clarification questions would be allowed. dh |
Might be helpful to have a sticky with trade RANGES of the most popular instruments, just to provide some context about avoiding lowballing or markupping:
Some examples arbitrary, for illustration only.... UA SWU: 20-30K miles AA VIPOW: 15-25K miles if you continue to allow GCs.... UA miles= 1.5-2. cents DL Miles 1.0-1.5 cents Also, might be helpful to provide some popular published exchange rates for context: 1 SPG= 3 Amex 1 AA= 2 HH 1 SPG= 1.25 miles in many program per 20K Point is, that there will be less of a need for third parties to critique trading offers if CC already has a reasonable (though certainly not exhaustive) reference point. Maybe the reference point could be a locked first post and have it be the gateway post to the proposed CC Discussion thread. The gateway thread could be updated and amended based on CC Discussion post feedback. |
While I don't use Coupon Connection that much as of late, I used to use it somewhat more back when first joining FT and I did benefit from gifts and trades with other FTers - so I would hate to see it remain closed for long.
Originally Posted by Randy Petersen
(Post 12181440)
To be clear, you can listen to other members who may portray the end of the world but I have not stated any intention of ending CC. As I have said, I am a little worried with the civilness of things and the changing attitude that so many of our other members have come forth with in acknowledging. And I think you acknowledged it as well. Just continue to enjoy FlyerTalk for its vast knowledge of miles and points and travel and there will likely be opportunities for you to continue to gain additional benefits by being an active participant.
So far members seem interested in adding additional requirements toward access to the forum and dividing the interest of the forum topics as well. And i appreciate the suggestions. And while one member seems to think nothing is wrong, it is still pretty apparent that many of our other members have a different perspective. But nothing we can't work together to resolve and reopen the forum. Hope this clears up any misconceptions you may have had. Cheers. Something like that can of course be gamed by those with an intention to do so, but at least it would involve the spirit of giving in some limited regard. |
Originally Posted by xanthuos
(Post 12182420)
BINGO I've offered a GC in the amount of $250-$300 in exchange for a 25k award and had this poo-poo'd by posters who criticized my valuation. I certainly wasn't trying to take advantage of anyone, as I was transparent in what I was offering and what I was hoping for in return, but these self-appointed "good samaritans" took it upon themselves to post in the topic and negatively criticize the post. To some people, NW/DL miles have very little value. It's up to THEM, not 3rd parties, to decide what they would like to receive in exchange for those miles.
I don't see what all the fuss was about, a few drama posts/diatribes sure but isn't that normal course for FT?
Originally Posted by beaubo
(Post 12183444)
Might be helpful to have a sticky with trade RANGES of the most popular instruments, just to provide some context about avoiding lowballing or markupping:.
Only question I would have is can I offer something outside those ranges stated? I would assume yes if I am the one offering what would be considered more of X than is "normal range" as I really need Y. - |
A couple of thoughts from someone who has only ever used CC to trade a few vouchers but who would be worse off if it did not reappear:
1. Gift cards = cash (especially as you can sell most gift cards on ebay for 90%+ of face), cash = selling something, selling something = going against the spirit of CC and indeed the T&C's of all airline and hotel programmes. It should be stopped. 2. Perhaps the entry requirements need to be tightend up, although the '90 days' rule is helpful and cannot be abused by post padding 3. It is difficult to put a value on what is 'fair' in terms of a trade. I'm in Basel next week and the only major chain is a hugely expensive Hilton. Its a city where I would potentially have traded a disproportionate number of other points (say 60k Priority Club) in return for 30k Hilton - others may have seen the trade as unfair to me but actually it would have been perfect in that scenario. It is also relatively easy for a newcomer to CC to search for similar trades to get a view of what is and is not reasonable. 4. There should be a rule that there should no third parties involved in any trade. If I do a deal with you to book a hotel room for you, it must be for you - I don't want to be booking for a random third person I don't know because the other side of the trade has resold my offer of a room for something else. But CC should remain in some form, if only for people to give away stuff they don't need. |
Originally Posted by Raffles
(Post 12183935)
indeed the T&C's of all airline and hotel programmes
Originally Posted by Raffles
(Post 12183935)
4. There should be a rule that there should no third parties involved in any trade. If I do a deal with you to book a hotel room for you, it must be for you - I don't want to be booking for a random third person I don't know because the other side of the trade has resold my offer of a room for something else.
Regulation is BAD. CC is in the spirit of the community - and in that spirit, let people work out what is mutually beneficial. This process should make sure that everyone benefits from CC, not make overly stringent rules that eliminate its usefullness. |
Handful of comments-
- There was a CC thread tracking what successful trades had gone down. That, IMO, is as good as any way of tracking "value". - I like the idea of "no comments in the thread unless you are wanting to participate in the deal". - What's the difference between a gift card and a fare voucher with a dollar value, for practical purposes, other than an expiration date? And I'd argue a fare voucher is a very good example of something you might want to swap because you can't use it. |
Originally Posted by stevenshev
(Post 12184181)
I want to trade my certs to book a hotel night for my parents and let my trading partner know up front that that's the case, why should we be prevented from doing the trade?
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Originally Posted by Raffles
(Post 12184948)
Agreed, in this case, but in my understanding of how some of the 'traders' on CC have been operating, this is not what happens.
Cheers. |
First off, I just wanted to say that I've benefited from the CC a few times when I've had miles or credits that were expiring and to thank Randy for the existence of CC until this point, I'm sure it's helped out thousands of FT regulars get more use out of their travel related miles/credits.
IMO, GC's were never the root of the problem and therefore eliminating them won't solve anything. And where does it end? Ban bump voucher credits? Ban credit from canceled tickets? The problems are: -Members that post ridiculous offers far from acceptable ranges (W: 100k AA, H: 75K DL) -The inability for the OP to respond to critiques. It seems to me that many of the people whining about the commercialization of CC are the same ones who are constantly begging for goodies while not giving back to the community. It's easy to bemoan the lack of "givingness" in the CC when you are used to constantly being gifted things. Begrudging the entire FT community for trying to trade a 3P nomination for something of value instead of gifting it is downright spiteful. Thinking that getting rid of GC/voucher trades will bring back a time when FT was smaller and more giving is borderline delusional thinking. It simply will not work On the other hand, raising the CC posting requirements, making a CC discussion forum, making acceptable trade ranges, and loosening the 72 hour bumping rules will help. |
Originally Posted by ctownflyer
(Post 12185301)
On the other hand, raising the CC posting requirements, making a CC discussion forum, making acceptable trade ranges, and loosening the 72 hour bumping rules will help.
This would eliminate the people who furiously generate one-word or other meaningless posts in order to get access to CC, then never post in any other forum except CC (and who swoop down like vultures whenever a no-strings gift is offered). |
Originally Posted by beaubo
(Post 12183444)
Might be helpful to have a sticky with trade RANGES of the most popular instruments, just to provide some context about avoiding lowballing or markupping:
(Craigslist has no officially-sanctioned value guides. Neither does eBay, although eBay does have searchable auction histories. If CC has to be compared to one, I'd rather it be compared to Craigslist than eBay.)
Originally Posted by beaubo
(Post 12183444)
there will be less of a need for third parties to critique trading offers
Originally Posted by GUWonder
(Post 12183768)
FTer must gift X number of hotel, car or flight related items that are taken up by another FTer in order to have creation rights for Y number of threads?
Originally Posted by ctownflyer
(Post 12185301)
The problems are:
-Members that post ridiculous offers far from acceptable ranges (W: 100k AA, H: 75K DL) -The inability for the OP to respond to critiques. The second point is very much a problem, but would be solved by eliminating criticisms from offer threads and restricting them to discussions. IMHO, that is really the one and only problem: the hijacking of offer threads by third parties, entirely uninterested in participating in the trade, who feel the need to criticize the offer or the OP (e.g. with comments like "this is a ridiculous offer").
Originally Posted by ctownflyer
(Post 12185301)
It seems to me that many of the people whining about the commercialization of CC are the same ones who are constantly begging for goodies while not giving back to the community. It's easy to bemoan the lack of "givingness" in the CC when you are used to constantly being gifted things. Begrudging the entire FT community for trying to trade a 3P nomination for something of value instead of gifting it is downright spiteful.
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I have read through this thread and it's quite an interesting debate. I have a few thoughts based on what I've witnessed as an infrequent CC user but a frequent CC browser.
1. Adjust the T&C's to require a specific trade request/requirement per thread, to eliminate the "H: 50k UA, W:? or W: AA/DL/IB/BA/HH/SPG/3P" type threads. By having a clear want and a clearly defined thing to trade, I think this might clean up the forum by ensuring people want to trade something for something, so you have a true "swap-meet" type forum. 2. Change the T&C's so that 3rd party commentary within the thread isn't allowed, that way you keep the often catty comments and sniping out of the thread. The OP will either get a response to his/her trade request or not, it depends on who sees the thread. It won't be up to self-appointed FT CC Cops/FBI/OSS types to determine what the "right" trade amounts are. 3. Eliminate the "W:_________ H: Karma/A flower/Peace and happiness" threads. Specify that if you want something, you need to just keep browsing CC instead of posting a thread that only invites controversy, as what seems to have happened a lot lately. The people who have things to gift/give away are of course encouraged to post threads as always. Anyways just my $.02. I had planned to use the CC this week so I was pretty bummed out when I saw it had been placed on temporary hold, but Randy has every right to do what he sees as best for the FT community. No one's forcing any of us to come here and post. Sometimes I believe that is forgotten around here. Have a nice day :) |
Originally Posted by cepheid
(Post 12185751)
There was an existing thread for that, which wasn't based on opinion but just a compilation of fact.
I can say I completed a trade for X, but did I really? Especially, if I wanted to show those naysayers who said I was wanting too much for my trade. :D Just thinking like a pro trader. |
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