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  1. #1
    Elite PokerOwned Member jcolee2's Avatar
    Join Date
    Apr 2011
    Posts
    489
    I would like to add a little something here...

    This is definitely a GREAT idea.. BUT!

    Some of us are actually trying to earn money here.. cash money to our paypal accounts per-say..

    If people can freely trade points for poker money how will we ever cash off?

    The poker sites won't cash us out.. The only reason we are able to cash off is due to the RARITY of the points...

    If people can cash off into points so easily the points will devalue and there will be less incentive to PURCHASE points..

    Maybe I haven't completely thought this through yet but I wanted to put it out there before this happens.

    In short, it feels like points are more valuable than poker money as they are more liquid..

    On another note, fix the dam client already!

  2. #2
    PokerOwned Veteran
    Join Date
    Mar 2013
    Posts
    69
    Quote Originally Posted by jcolee2 View Post
    I would like to add a little something here...

    This is definitely a GREAT idea.. BUT!

    Some of us are actually trying to earn money here.. cash money to our paypal accounts per-say..

    If people can freely trade points for poker money how will we ever cash off?

    The poker sites won't cash us out.. The only reason we are able to cash off is due to the RARITY of the points...

    If people can cash off into points so easily the points will devalue and there will be less incentive to PURCHASE points..

    Maybe I haven't completely thought this through yet but I wanted to put it out there before this happens.

    In short, it feels like points are more valuable than poker money as they are more liquid..

    On another note, fix the dam client already!
    If you want to sell the points for yourself, you can always acquire more in the client by playing, and then sell them at a lower than market price.

  3. #3
    PokerOwned Demi-God rghy2's Avatar
    Join Date
    Sep 2012
    Posts
    1,301
    Quote Originally Posted by jcolee2 View Post
    I would like to add a little something here...

    This is definitely a GREAT idea.. BUT!

    Some of us are actually trying to earn money here.. cash money to our paypal accounts per-say..

    If people can freely trade points for poker money how will we ever cash off?

    The poker sites won't cash us out.. The only reason we are able to cash off is due to the RARITY of the points...

    If people can cash off into points so easily the points will devalue and there will be less incentive to PURCHASE points..

    Maybe I haven't completely thought this through yet but I wanted to put it out there before this happens.

    In short, it feels like points are more valuable than poker money as they are more liquid..

    On another note, fix the dam client already!
    The value of points is somewhat tied to demand, but seems to me to mainly reflect what you can redeem the points for such as amazon giftcards. Also, Zab will provide the exchange at a relatively poor rate so that people will still mainly exchange with each other first to get the best rate. His would only be a backup system that you would pay a higher rate to use.

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