Ang Pow Issues...
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ks2me:
... You mean we can cash in our KPs? :?
Sorry, until we become a bank, KPs are only meaningful during Auctions
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ChiefKiasu:
:lol: I thought so... maybe if you put equivalent rate...otherwise exchange rate sounds like can trade in for cash...ks2me:
... You mean we can cash in our KPs? :?
Sorry, until we become a bank, KPs are only meaningful during Auctions
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ChiefKiasu:
Can la, we trade illegally lor... behind Chief's back, like now lah. I buy your points for $1, then sell it for $2. Quick profit mah... Like forex market.ks2me:
... You mean we can cash in our KPs? :?
Sorry, until we become a bank, KPs are only meaningful during Auctions -
Aiyoh, before the monitor comes, I better qualify I’m joking only hor… but honestly, points are becoming currency in the market, just look at air miles, petrol points etc.
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2ppaamm:
Can la, we trade illegally lor... behind Chief's back, like now lah. I buy your points for $1, then sell it for $2. Quick profit mah... Like forex market.
Wah...this ang pow topic really makes your calculator work harder in the mind hor... good thinking... :lol: So you want??? I have some to spare... :lol: -
ks2me:
Can la, we trade illegally lor... behind Chief's back, like now lah. I buy your points for $1, then sell it for $2. Quick profit mah... Like forex market.
[quote]Wah...this ang pow topic really makes your calculator work harder in the mind hor... good thinking... :lol: So you want??? I have some to spare... :lol:[/quote]Heh heh, I've got 5 kids to feed, so my calculator very 'loud' everyday... thinking how to make money everyday... but have a deeper thought about the points and you will see what I mean. There is a going exchange rate for the points. As more and more start participating, that exchange rate becomes more and more defined, and then the going rate of the auctioning items becomes more or less 'known' or fixed later.
Er... just my prediction over the years of observing points as currency lah...
Think Linden dollars in Second Life. People make millions from that leh. -
So, if Chief manages this currency well, it is potentially a legal tender in its own rights lah. I think he is doing a great job so far…
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2ppaamm:
I keep forgeting we have a professor in our midst who is able to analyze and predict our every move... but have a deeper thought about the points and you will see what I mean. There is a going exchange rate for the points. As more and more start participating, that exchange rate becomes more and more defined, and then the going rate of the auctioning items becomes more or less 'known' or fixed later.
Er... just my prediction over the years of observing points as currency lah...
Think Linden dollars in Second Life. People make millions from that leh. Now that the game is up, we have to go back to our drawing boards
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2ppaamm:
Heh heh, I've got 5 kids to feed, so my calculator very 'loud' everyday... thinking how to make money everyday... but have a deeper thought about the points and you will see what I mean. There is a going exchange rate for the points. As more and more start participating, that exchange rate becomes more and more defined, and then the going rate of the auctioning items becomes more or less 'known' or fixed later.ks2me:
Can la, we trade illegally lor... behind Chief's back, like now lah. I buy your points for $1, then sell it for $2. Quick profit mah... Like forex market.
[quote]Wah...this ang pow topic really makes your calculator work harder in the mind hor... good thinking... :lol: So you want??? I have some to spare... :lol:
Er... just my prediction over the years of observing points as currency lah...
Think Linden dollars in Second Life. People make millions from that leh.[/quote]So what are you waiting for? start accumulating.....
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No, the point is not just to start accumulating, it is to start making your points valuable as well. As a member, if the value appreciates, you become rich also. Er… told you I’d think of something… maybe next week I’ll send a troop to go talk to Chief… ha ha… my troop of students lah…
Aiyah Chief, you are the professor here lah… I only look see look see. But I am really interested in your points and amazed at how you are handling it.
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