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Author Topic: 100 MD = how much real cash?  (Read 2580 times)
burnout
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« on: October 08, 2006, 01:31:38 PM »

can any1 plz tell me? thx
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sportydude
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« Reply #1 on: October 08, 2006, 02:10:11 PM »

It all depends on the Cashout rate.
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desertgrunt
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« Reply #2 on: October 08, 2006, 02:15:11 PM »

Take a look at the 'Payouts' page. The current exchange rate is 39500 MD for $20. So i'll take you through a simple math course:

$20/39500MD X 100MD = $.05

But you can't cashout until you reach at least 39500MD.
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sportydude
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« Reply #3 on: October 08, 2006, 02:24:40 PM »

Quote from: "desertgrunt"
Take a look at the 'Payouts' page. The current exchange rate is 39500 MD for $20. So i'll take you through a simple math course:

$20/39500MD X 100MD = $.05

But you can't cashout until you reach at least 39500MD.


That isn't the current one, that was Septembers. Wink
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desertgrunt
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« Reply #4 on: October 08, 2006, 07:37:23 PM »

Hah, your right. Well, at least he has an idea what 100MD is worth. BTW what's the current exchange rate then? (which should've been this lads initial question)
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coltsfan23
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« Reply #5 on: October 08, 2006, 07:55:25 PM »

Quote from: "desertgrunt"
Hah, your right. Well, at least he has an idea what 100MD is worth. BTW what's the current exchange rate then? (which should've been this lads initial question)


eric  (admin) decides the rate on the 20th of every month
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desertgrunt
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« Reply #6 on: October 08, 2006, 11:25:30 PM »

Quote
eric (admin) decides the rate on the 20th of every month


Wait, does this mean that we can only cash-out on the 20th? If we're able to cashout at anytime then 39500MD per $20 still applies.
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Jrobb
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« Reply #7 on: October 09, 2006, 02:59:12 AM »

Quote from: "desertgrunt"
Quote
eric (admin) decides the rate on the 20th of every month


Wait, does this mean that we can only cash-out on the 20th? If we're able to cashout at anytime then 39500MD per $20 still applies.


Tentative exchange rate gets posted onthe 20th, then is adjusted on the following first of the month.  At that time you must send an email to request payout.  READ THE RULES!

Below is the exact text from the Payouts Page:
"Payouts

The exchange rate will be posted on October 20th (the previous rate was 39500 MD = $20.00)


You can also recieve moves instead of cash, at a rate of 1000 MD = 100 moves. The same rules apply regarding upgrades and settlements.

Payouts will be given in either PayPal or a personal check, whichever you prefer (e-gold will no longer be used for payouts). Payouts are sent on the 1st of every month. Requests that are sent before or after the 1st will be ignored.

The amount you recieve is determined by your total amount of Mars Dollars. The exchange rate will be posted on the 20th of every month, and it can change at any time. The minimum payout is $20.00.


Please note that when you request a payout, your upgrade levels will be cut in half, your Mars Dollars will be reset to 0 and your settlements will be released. This is done to make the game fair for new players and to make sure that changes in game rules affect all players equally. Since you get to keep half of your upgrades, you will still be able to remain very competitive in the game
"

J
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desertgrunt
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« Reply #8 on: October 09, 2006, 06:52:41 PM »

Quote
READ THE RULES!


I'm aware of the rules you douche. It doesn't clarify in the payouts page for how long the pay rate is effective for! Does it mean that the payout rate posted for the month of september is only effective until the end of september or effective until the posting of the new payout rate, which is on the 20th of October!



Quote
Tentative exchange rate gets posted on the 20th, then is adjusted on the following first of the month.


Thanks for answering this part, though.:wink:
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Jrobb
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« Reply #9 on: October 09, 2006, 11:59:16 PM »

Quote from: "desertgrunt"
Quote
READ THE RULES!


I'm aware of the rules you douche. It doesn't clarify in the payouts page for how long the pay rate is effective for! Does it mean that the payout rate posted for the month of september is only effective until the end of september or effective until the posting of the new payout rate, which is on the 20th of October!



Quote
Tentative exchange rate gets posted on the 20th, then is adjusted on the following first of the month.


Thanks for answering this part, though.:wink:


[dumbed down]Actually you moron...it does say very clearly[/dumbed down]

reread this: "Payouts will be given in either PayPal or a personal check, whichever you prefer (e-gold will no longer be used for payouts). Payouts are sent on the 1st of every month. Requests that are sent before or after the 1st will be ignored.

The amount you recieve is determined by your total amount of Mars Dollars. The exchange rate will be posted on the 20th of every month, and it can change at any time. The minimum payout is $20.00. "

[idiot translation] It says the exchange rate is posted the 20th...and CAN CHANGE AT ANY TIME.  Payouts are on the 1st of the month and the 1st of the month only!...there is no before or after the 1st of the month as those requests will be ignored...clearly stated on the payout page IN BOLD ASS LETTERS!.

Therefore, at the time you request payout the current exchange rate is used  on the 1st of the month ONLY...whatever the rate happens to be.[/idiot translation]

I can't make it any clearer than that.  It doesn't matter how long the rate lasts for as it is only of importance for ONE DAY...GET IT?

J
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desertgrunt
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« Reply #10 on: October 10, 2006, 08:20:06 PM »

I must admit my stupidity on this one and give a sincere apology. For whatever dumb reason, I didn't see that part. So a tip of the hat to you Jrobb.
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Jrobb
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« Reply #11 on: October 10, 2006, 08:42:20 PM »

Quote from: "desertgrunt"
I must admit my stupidity on this one and give a sincere apology. For whatever dumb reason, I didn't see that part. So a tip of the hat to you Jrobb.


No problem but this exchange is rather Ironic what with you signature and all :?:

J
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desertgrunt
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« Reply #12 on: October 10, 2006, 09:46:36 PM »

I know, I was laughing and debating on whether to remove it for these postings. But fckt, I also fall victim to stupidity from time to time. I'm not claiming to be knull from my own signature.
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