I traded a car for a luxury car. My car was old but rare the luxury car was expensive but had major issues that I knew how to fix to bring its value up. It was a fair transaction because we both walked away with what we wanted
I often take part of barter transaction. Playing a collectible card game I often trade one or more cards in exchange for one of more cards. The value is given by different factors. The rarity of the collectible card, the power in the game and the amount of decks who are playing that card which increase the request on the market. most of the times the exchange are fair but only at the time of the exchange. Over time you thee card might lose value if it is not played anymore or it gets banned from the game. On the other side the card might increase in value over time if it doesn’t get reprinted.
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I do remember trading/exchanging the footballer club. I do consider it obviously as not fair exchange (in terms of price) as it was a subjective assessment of the value of one card or another. My friend was emotionally connected to his card, he didn’t intend to sell it, therefore I had to persuade him somehow, therefore I had to offer him more, less valuable cards to obtain what I wanted.
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Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
In the Uk as a child we had top trump cards.
So you would trade cards based on the ‘value’ of the card.
For example i would give you a ferrari card for 3 bmw cards (it was a long time ago so don’t quote me !)
As an adult i’ve exchanged items of clothing with friends.
Yep all exchanges were fair - as a child it was a unwritten rule as to how much a card was worth when exchanging and each party was happy.
As an adult it was fair as each party received a item they wanted.
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Recently I exchanged a baby seat for a palm tree, fair transaction, I was not using the seat anymore and the other party wanted to get rid of plants I wanted, we were both satisfied on the deal
because everyone mostly agreed on exchanging non-rare cards and rare cards
We understood scarcity long before Bitcoin was born. 
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Only barter transaction that i remember from my childhood was when the football cards were popular and i would trade with friends and make good collection at the end. I dont know if those trades were profitable for me or not lol.
When I was a kid I used to trade video game cartridges for the Nintendo video game console. This was our borrowing system. I would trade a game for another game or two games for another two games. It usually felt like a fair trade, however, one time my friend had recently gotten a very popular game before any of my other friends. I had to trade him three games to borrow his one game and to be honest, it was worth the trade in the end.
I don’t remember such a trade in my childhood, but I had one not so long ago. I was working as a hairdresser and I needed some work as digging to do in my garden and it required big machines to do it. So one of my client done it with very nice discount that I have paid to cut his and his familys hair for some time 
I think I earned some money from it.
Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
Barter transaction can be beneficial or deceiving:
Example 1:
In Grade 2, I traded my pokemon card for a pokemon card that was rare and therefore unique. Back then, I never understood why would anyone trade in a valuable rarity for a common card.
Of course, I took the bait; The card was fake! 
(Deceiving)
Example 2:
Ten years ago, I traded my PlayStation for an XBox. The benefit of this was the fact that Xbox Controllers are superior to PS controllers. No offense, but the design of XBox controllers were intentionally designed to make the player feel they are pulling the trigger; whereas in Playstation, the trigger function is L1/R1 instead of L2/R2. Anyhow, I say both partners were satisfied. However, this barter trade would have never happened if both partners did not have the same game for the opposite consoles. (Beneficial)
Conclusion:
Based on everyday experience, I can tell that barter is not the most efficient way to do transactions for supplies or services to satisfy your either essential (need) or desirable (want) demands. Barter is based on what need the other person has, and you may not possess such property to satisfy his/her needs. Like mentioned before; If both parties who have the opposite consoles but not the same game for their version, the transaction will have never occurred.
Who needs consoles anyways? XBox Controllers work fine on PC too, you know. XD
Not trying to sound capitalist here, but now that I’m an adult, I lost interest in participating in barters many years ago, because I prefer the alternative method: Money. The reason for this is because we live in a business and monetary system world. It makes transaction more efficient and also they are more reliable rather than an object to which devaluations occur as time pass by (This is especially true for technology and electronics).
Although this is my preference, it does not mean I am not interested in making digital barter transaction possible for others. For example, switching characters and their copyrights. I would very much like to offer people a diverse option of transaction types.
Describe a barter transaction that you’ve been a part either as a child or adult.
Trading game cards with friends or video games with friends.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
Yes - I was able to get better cards for my decks. Thus helping me win more games. Same with the video games - I was able to get better at the games I was trying to beat.
Yu-Gi-Oh cards! I would have traded a quarter of my deck for a holographic Blue Eyes White Dragon. Ohh the good ole’ days… 
For my barter transaction I did some painting and tile work for an old troy built rototiller .It took about 5 hours of my time and now I have a tiller for my garden
Describe a barter transaction that you’ve been a part either as a child or adult.
I instantly thought back to grade school when the teachers of the school played a make believe barter “game” where each student would sell a good and go to different classrooms or “Stores” and barter for products from other students.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
I remember things like home-made play-doe, home-made candles, and bakes good were used as bartered items. Incredible learning experience, now that I think back on it. Was it fair? Absolutely - and a great learning tool.
The public school system was a bit different back then.
I used to work for an actual barter organization called ITEX. I bought my engagement ring using ITEX dollars. The system works like this: business owners join the pool of other business owners and trade goods and services using the ITEX dollars with are regulated and overseen by the ITEX corporation. Since I was also paid in ITEX dollars as part of my salary, I used my pay to buy the ring., however ITEX did a poor job of regulating price gouging, and I was gouged for this transaction. In the long run it did save me from having to spend cash, but the ITEX barter system is antiquated, cannot regulated price gouging (i.e. inflation), and has a few franchise owners at the helm who squeeze the true value out of the system for their own personal gain at the cost of everyone else. It was eye opening, but trade and barter is not my ish.
My first trade was when i was very young. Skateboards were the latest craze, and i traded my brand new bike, that my mother had bought me for Christmas, for a really cool board! It was a wicked hard wood board with really nice trucks, but not worth anywhere near the value of my bike. My mum went mental. My ears are still ringing.
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Barter Transaction
When I was in primary school I swapped a lizard (which I caught in our garden) for a budgie bird. It was a fair exchange because we were both happy. The budgie probably had more monetary value but the guy I traded with bred budgies and had lots of them but he didn’t have any lizards.
I traded my rookie holographic Micheal Jordan card for a slice of pizza, I was in there 6th grade. no it was not fair because the pizza was only valuable to me for a few minutes. the card kept and increased in value.
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Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
My sister and I would trade comic books with our friends because we did not have money to buy newer issues.
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I honestly cannot think of any barter situation, my best memory is trading like items for like items, such as marbles or trading cards.