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10/21/2017 - 17:24  EST

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Reply to:  23824  by  richo_rules << Prev  23833  Next >> Reply | Post New
Re: little confused balouza       12/13/2002 09:51

This subject was discussed several times before; please refer to messages 19632 and 1665.

It is simple, you can buy YEPs with Cash, but you cannot buy Cash with YEPs. So the comparison is not valid.

If you buy 1500 YEPs for $10, you cannot sell it back even for $1 as the YEPs has no Cash value, and can never be converted to Cash. Exceptionally, these YEPs fees with Cash prizes tourneys, will allow you to convert the YEPs to Cash at a very high rate of 80%. Also Raffles will allow you to convert the YEPs to Products with value over 82%.

Anyway, try to go to a bank and buy 100 Can$ it will cost you US$ 64. Try to use the US$64 to buy Can$ it will get you a maximum of 95 Can$, and both currencies are convertible currencies. Imagine if one of the 2 currencies is not convertible; there is no market value for this currency except in the black market and the rate can be below 60%, try it in one of the countries having currency control.



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