Results 1 to 10 of 13
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10-23-2009, 10:13 AM #1
Card Cash Value
Lets put a value on Card Cash, A dollar is a doller a penny is a penny lets put a declared value on card cash, 200 cc to 1.00, So everyone will know how to bid with and buy with and sell card cash, Everyone post your opinion please, Thanks Chris
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10-23-2009, 10:16 AM #2
You can't put a value on it. The value we try to get it to is $1-100cc. Of course, lots of people sell it for more and less so therefore it is impossible to try to get an exact rate. It's like a cheeseburger, not every restaurant sells it for the same price.
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10-23-2009, 10:32 AM #3
Card cash is a medium of exchange. It has no intrinsic value. Just like a paper dollar bill. It isn't worth a "dollar" because, what is a dollar except a piece of paper. A dollar is 6 minutes of labor, or a small fries at Wendy's, or a soda from the machine, or a lottery ticket, or some scrub's game-used card.
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10-23-2009, 10:34 AM #4
Ok, but what is $1 worth? In the spring, $1 was worth 1.3 Euros...now it's worth around 1.5 Euroes. Currency is never a fixed value, it fluctuates based on what you're buying, monetary supply, market forces, etc.
The general rule for CC has been $1 equals roughly 100cc, but follows the same general guidelines of buying cards w/real money, ie people are willing to pay more CC for Autos and GU than they are base cards.
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10-23-2009, 10:35 AM #5
Well said. A dollar is worth the value you as the spender give to it. $1 to a homeless person is worth much more than to Bill Gates.
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10-23-2009, 10:49 AM #6
cc value
Yea thats the prob. If you want to by a hamburger you want to know how much it cost and what its contents are so later you wont be yelling "Wheres The Beef" People want to buy a card they offer 75cc say postage is .50 cents, Tell me this is this a good deal or is it not even enough to pay postage?
I know we have the right to refuse and to make up our own minds but it would be good to know your getting enough to cover the postage and the dollar your asking for the card, I understand it would be complicated and buying low and selling high would be harder. Still I think alot more members would use the Card Cash Method of buy and sell if they new what is was really worth, PS. I have seen very few people using cc at 1.00 to 100cc. To me it seems closer to 1.00 to 200cc or half way in between. Its a good thing we dont use currency in that way. You go into a store and ask: How much is that doggie in the window" Clerk says Its on sale, Its A doller fifty a dollar or two dollers, Not being sarcastic just real, Chris
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10-23-2009, 10:59 AM #7
Right. That's probably because, I think, there is a lot more card cash floating around the site. You get it on your birthday, or if you win some of the contests, or if you post a box break. If mikesilvia needs more CC, he just tells the system to make some more.
This is exactly what everyone in the financial world is talking about when they talk about the "collapse of the dollar" and inflation. A dollar bill is just paper. Card Cash is just a computer entry. When the powers that be want more of either, they just make more. And that, generally, makes it worth less.
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10-23-2009, 11:08 AM #8
CC value
I have 6000 CC when some member gives me $60.00 for I'll shut my mouth about the cc value. Go to the store and buy that 1.50 1.00 2.00 dog and shut down my PC, and go to bed, Dont get mad at me im really a good peace loving person with an opinion ,Chris
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10-23-2009, 11:12 AM #9
That's very true, but in reality, Mike is actually trying to greatly reduce the amount of CC on the site. The biggest ways are the CC stores (you buy cards and give the CC back to the site/bank) and the box breaks for CC (buying packs and give the CC back). He said a while back he would like to reduce the excess and work the exchange rate to something more like 1-10cc = $1 instead of 100cc = $1.
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10-23-2009, 11:14 AM #10
No one's mad.
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Originally Posted by sivjosh 
