What's Going On! is an online forum for our users.
Cenimar staff may also use this forum to answer questions or pass information on to our users.
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Forum category:
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Currency Exchange
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Deymond
3 Jun 2006
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I see that no purchases of I$ are allowed if they will increase the I$ balance above I$3000. I was wondering if you plan to keep this rule, or if this will be lifted after the end of the current contest.
Either way, I think that traders should be allowed to purchase I$ up to the amount that they have sold.
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Cenimar
3 Jun 2006
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Most of the Exchange limits are in place to 'protect' the Contest Leaders. I.e. to make it practically impossible to purchase a contest win. If the Contest Leaders want the rules loosened then we'll head in that direction.
Your new rule suggestion is interesting. However, I'm not sure if it gives an unfair advantage to traders who once had a lot of Intel Dollars to sell. If a trader 'benefits' by selling all their I$, why should the benefit further with Exchange rules more lax than for other traders.
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Deymond
4 Jun 2006
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I don't really think see it as relaxing the rules for certain traders. I see it as allowing all traders to participate on both ends of the currency exchange. This would allow a trader such as myself to buy back the currency that they have sold. They would not have a higher I$ balance as a result of the two trades (due to the transaction fee, the opposite would be true).
I'm looking at it from the perspective that I see the currency exchange and the contest as two separate entities. I would like to be able to win the contest and at the same time buy and sell profitably in the currency exchange. If you're looking at it from the perspective that someone shouldn't win money with the same I$ they've used to turn a profit in the currency exchange, I guess I can understand that.
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Cenimar
4 Jun 2006
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We would also like to allow traders to win the Contest and buy and sell on the Exchange. We'd like to be able to remove (or at least raise) the buy limits (so that anyone could buy more than I$3000).
However, I don't think we'd be willing to raise the Exchange buy limits for some traders and not others.
What would you (Deymond, and the other leaders) prefer the currency buy limit (currently I$3000) be raised to?
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The Wind Adept
4 Jun 2006
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I would recommend having a set limit on how many I$ someone can buy in a certain time period. I would say maybe I$2,000.00 during one contest period.
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Deymond
4 Jun 2006
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Would Cenimar be willing to tell us the total value of all Cenimar portfolios at estimated (rather than last price) value?
I would like to determine what percentage of value is expected to be removed from the Cenimar universe after the contest awards are accepted (presumably the amount above minus the estimated value of the top three portfolios). I'm guessing it's not more than 15-20%.
Perhaps the limit could be set on a weekly basis, based upon the value of the number 3 trader, minus that variable percentage, minus another 5% to provide some cushion.
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Cenimar
4 Jun 2006
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OK, I get the impression that you are happy with buy limits and that our initial setting may be in the acceptable range. Thanks.
re: market cap: from the 'Contracts Available' page, the total (last price) cap is I$312k. I assume the estimated price is about 10% lower on a good day. (You can checkout users portfolios to get an estimate of that.) So that would make the est price cap about I$286k and the top three portfolios a little less than 15% of that.
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Gildor Inglorion
4 Jun 2006
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If I understand Deymond's proposal, it sounds good. That would let someone buy as much I$ as they want, given they don't get into the top three. One potential problem I see are if the top three somehow lose enough I$ to be behind someone who's maxed out their I$ through the exchange, but maybe that's just how the market works. It's pretty unlikely anyway, and plus at current (albeit preliminary) exchange rates it wouldn't even be worth it to buy into the contest.
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Cenimar
4 Jun 2006
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What about the exchange rate limit of 50 I$/US$?
Is that a fair start? Or should it be raised to something closer to 100 I$/US$?
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The Wind Adept
5 Jun 2006
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I think it should be set by the Traders. I don't think that there should be a max. limit; however, I would recommend imposing a minimum limit, such as $25.00/I$. With your previous example, I don't think sellers would allow the prices to rocket in that direction.
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Cenimar
7 Jun 2006
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Have you realized that exchange rates on the exchange work the opposite way to prices on the Prediction Market? (E.g. the lower the rate the better it is for the seller.)
To The Wind Adept: why would you want a minimum limit?
To all: no one knows who (if anyone!) will use the Exchange. Remember that it is possible that lots of traders may want to cash out (at almost any rate) simply because they no longer want to participate in Ceimar. Such traders could really push up the rate.
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The Wind Adept
7 Jun 2006
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Whoops, I don't know what I was thinking when I wrote that. There shouldn't be a minimum limit, but I do agree that there should be a max limit. Sorry!
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Mozzy
4 Jun 2006
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Deymond and Gildor, you make it sound as if it is a mistake in the system for someone to take the lead over you by buying I$. I personally am against it since I am not rich and it gives people with more U.S. a better chance of winning but isn't the point of the currency exchange to exchange U.S. dollars now so that one may have a better chance of winning the contest? My point is that the ONLY reason anyone would buy I$ is that they anticipate that those I$ will help them turn a profit in the long run and become a leader. The current leaders shouldn't complain if someone buys a share of the 400$ bi-monthly prize with the currency exchange because that is now part of the system. Remember, we may call it an unfair system now, but the fees will be how cenimar pays the prize money in the long run and we will, perhaps not immediately, learn to deal with, and perhaps even take advantage of ourselves, the currency exchange.
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Gildor Inglorion
4 Jun 2006
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I see what you're saying, and yes, one point of the exchange is to get a jumpstart in the contest. However, the point of the *contest* is to reward (in a sense) those who have done well on the prediction market - not those who for whatever reason want to buy their way into first place. Like I said before, though, it might not even be an issue.
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Cenimar
4 Jun 2006
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Thanks for supporting our profits Mozzy! When you indicated that you are 'against it'. Did you mean you are against the Exchange in general, or against limits in Exchange trading?
Note that we think that increasing your holdings with agressive market maker trading does not require a large I$ outlay. But the Exchange will probably benefit if most traders don't believe that!
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The Wind Adept
4 Jun 2006
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I agree with Gildor. I don't think that it is fair to reward someone who wants to buy the competition. I think you should have to work for most of your portfolio holdings. I see where the jump-start idea is good, until people really do begin to take the lead by buying Intel Dollars instead of earning them by using the Prediction Market.
Also, (for Cenimar), do you take the 15% on each Buy and Sell order on the Currency Exchange, or do you just get it from the Withdrawals that various traders would make?
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The Wind Adept
4 Jun 2006
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Also, it is true that it would be unprofitible to buy your way into first place at the level of $I that the leaders have. It costs US$.028 per I$ at I$35.00/US$1.00. At the end of the first contest, the rate will be approx. US$.011/I$. With these stats, it would not be profitable to buy the lead in the Contest.
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Deymond
4 Jun 2006
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The main reason that my comments have suggested that a trader shouldn't be allowed to purchase the lead is that Cenimar seems to have stated that they're taking steps to ensure that it can't be done (at least for the current contest).
I have absolutely no problem in selling my I$ to someone so that they can purchase a prize. If anyone wants to do that, I'm happy to help them, as long as I am able to profit from selling them the required I$.
I salivate at the prospect of trading I$ freely in an unregulated or lightly regulated market, but at the same time I recognize that Cenimar has a vested interest in the market not becoming so volatile that traders give up because they feel cheated or what have you.
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Mozzy
10 Jun 2006
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In answer to your question Cenimar, I am against the idea of someone buying the contest lead and I agree with Deymond and Wind Adept that their should be strong restrictions on buying the lead but I realize that because restrictions would hurt Cenimar's profit from fees it is likely the limit on buying $I will get to a level that makes it possible for an average trader to beat an elite trader.
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Chameleon
8 Jun 2006
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I think the $3000.00 limit is restrictive. It prevents a person above the $3000.00 mark from really trading on the market. Since you can't buy, you can only sell. Personally, I like to buy when I believe I can sell later at a profit. The current system prevents that.
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Cenimar
8 Jun 2006
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We agree. The limit was picked some time ago when the 3rd place leader was much closer to $3k. Now the 3rd place has over $10,000 it is reasonable to expect that the next contest will have similar levels. We'll probably wait until after 10 June and then reset the limit to somewhere between I$5k and I$10k.
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agent 13716
8 Jun 2006
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it has what i wanted but like to ask what about we living in nigeria or outside the country is all open to us,
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Cenimar
8 Jun 2006
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Cenimar is available to everyone, no matter where they live. Contest winnings and Currency Exchange withdrawals are made in US$. However people in most countries can probably manage to cash a US$ check.
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Cenimar
9 Jun 2006
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Just a gentle reminder to those of you who may not have realized it: the Currency Exchange is fully open. Some traders have started to earn real money at an exchange rate that probably beats the Contest exchange rate. Volume is low - but we expect that to change.
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Cenimar
11 Jun 2006
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Please Note: the Exchange Rate limit has just been raised from 50 I$/US$ to 75 I$/US$.
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Mozzy
12 Jun 2006
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Big question, if you decide to do both sides of the exchange and decide to sell $I first then you will have earnings in your account, right? Then what would happen if you decide to buy $I, would you need to use PayPal or a similar service or would the cash be taken directly from your earnings? I personally would prefer cash to first be taken out of U.S. dollar earnings because that would make the gifted gnome, (i.e. an exclusive currency trader) capable of getting $I proftits even with the fee without having to deal with the hassle of PayPal.
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Cenimar
13 Jun 2006
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When you buy I$ on the Currency Exchange the US$ always come from your Cash Account. It does not matter if the money comes from prior I$ sales, contest award or cash deposit. (So, yes, a trader may buy I$ without depositing extra cash.)
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Cenimar
14 Jun 2006
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Please Note: the Exchange Rate limit has just been raised from 75 I$/US$ to 100 I$/US$.
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Razmig
17 Jun 2006
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Why is the currency rate being increased? Since Cenimar plans on raising the I$ limit to 5-10k, doesn't that make it even easier for people to win the contest by just buying the money?
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Cenimar
17 Jun 2006
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The rate was raised, in part, because the trading volume on the Exchange remains pretty low. (And we always said we would adjust it after the first Contest completed.)
The I$ limit still prevents traders from outright buying a Contest win - though it can certainly give them a good start.
The most important thing to remember is that they are not buying the I$ from Cenimar - they are buying the I$ from other traders. The more buying that goes on in the Exchange, the more real money goes into the pockets of traders like you.
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Razmig
17 Jun 2006
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You mean traders like Deymond.
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Cenimar
17 Jun 2006
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If you trade hard and smart for a couple of months you may do as well as Deymond did in our first contest. (We'll soon release 'progress charts' that show how any traders balance changes with time.)
However, now you don't need to wait two months for a chance to earn some cash. With a little bit of smart trading (and perhaps a couple of referrals) you could have some I$ for sale on the exchange.
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The Wind Adept
17 Jun 2006
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No Razmig, even having I$1500 balance at I$61.15/US$ gives you about $25.00. That's more than you started with, so hey, any little bit counts, right?
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Deymond
17 Jun 2006
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I hope no one has gotten the impression that the 88.15 US$ next to my name is only there because I at one point had a huge lead on the leaderboard. All but $5 of that $88.15 came from the currency exchange, where I took advantage of rates that were offered to anyone who had at least I$100 to sell.
In regards to the exchange, I would recommend that any trader investigate the exchange, and put in a sell offer. Even if you really don't wish to part with your Intel dollars, determine what you feel is fair value for them, and then determine a suitable premium. Think of it a I$9.99 sell order or I$0.01 buy order that you might have on a particular option 'just in case.'
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Razmig
17 Jun 2006
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Are you planning on offering Deymond a job anytime soon?
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Razmig
17 Jun 2006
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Wouldn't it be fairer for newer members for the contest to be a percentage gain instead of the way it is?
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The Wind Adept
17 Jun 2006
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I don't think so. Everyone for the first two months started with I$250.00. So did Deymond and the other leaders. If we can get large portfolios in two months, so can you. Sometimes a little work goes a long way.
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Cenimar
18 Jun 2006
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And remember - the leaders only get the Contest Award if they give up a significant portion of their I$ balance. The deadline for that exchange is a couple of days from now. At that point you may see some of the leaders fall dramatically on the Contest Leaderboard.
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Razmig
17 Jun 2006
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Is this website only 2 months old?
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Cenimar
18 Jun 2006
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The Prediction Market was released in a low volume test mode in March of this year. Most traders joined after early April when we started to advertise our service. So, when the last contest ended, our Prediction Market had been running for just a little over two months. The I$10-20k leaders all earned that money within two months.
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Razmig
18 Jun 2006
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Wow. However, most of the leaders have had their worth go down.
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Cenimar
19 Jun 2006
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If you look at the various leaderboards, I think you'll see that the leaders have been selling some of their I$ on the Currency Exchange. In addition, some may be converting Option shares to I$ on the Prediction Market in order to claim their Contest Award. Expect much greater changes in the next 48 hrs.
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Razmig
19 Jun 2006
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I've noticed that when you click cancel order in the step by step example it ends it and puts me back at the available contracts page.
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Cenimar
21 Jun 2006
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Just a reminder that the current sell rate limit is 100 I$/US$. Though, so few traders seem to be willing to sell at all, especially at high rates, that we are thinking about raising the limit rate significantly - since it seems to have little practical effect.
Any thoughts on that?
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Deymond
21 Jun 2006
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I'm in favor of significantly raising or even eliminating the rate limits. Now that a significant amount of I$ has been exchanged through the contest and the exchange, people have the opportunity to make educated predictions about what will be the true value of I$ in the future.
One thing that I would suggest is something that allows traders to track historical price and volume movements on the currency exchange. We know that improbable trades occasionally happen, and some historical data would allow traders to determine if the current exchange rate at any given time was an abberation or a true reflection of relative value.
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Cenimar
22 Jun 2006
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Are the historical price and volume graphs available by clicking on the small chart on the activity page insufficient? Or have you not noticed them yet?
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Deymond
22 Jun 2006
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I had not seen them yet. Those are perfect, thanks.
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Razmig
21 Jun 2006
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If few traders are selling their I$, shouldn't the exchange rate go down to encourage selling?
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BIGC4UNC
22 Jun 2006
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Thats what I was thinking lol...why would I sale 100 I$ for $1 USD when all I can sale is aroun $2000 I$...$20 isnt worth it...of course Im having fun in this whole Idea.
I do have an interesting proposition for Cenimar:
I dont know how big you plan on getting this whole idea in the future, but you could actually turn this into somewhat of a real online futures market. You could do commodities, and many more things. When I saw paypal was involved, I was like nice. I think you could actually do your own type of money handling system and corcumvent them as well LOL. Im an avid ebay user, so theyll get theirs. But when I stumbled across this dea I was like you could have something. Dont know how big your workforce is, but you may have something here that could explode!!!
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Cenimar
22 Jun 2006
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Right - exchange rates down would encourage more sellers to participate. Which is why the existing rate cap is not doing anything useful.
re: a real money futures market. I wish we could do that. (And we might someday.) But the regulations involved to do that as a US company are significant.
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Mozzy
22 Jun 2006
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Cenimar, sorry for the rudeness but you just made a stupid comment in my opinion. If their is no exchange cap than their is no way to stop the currency exchange rate from going way up which is BAD for sellers. A cap of something like 50 instead of 100 would ENCOURAGE SELLERS TO PARTICIPATE. Remember, sellers like a low exchange rate and buyers like a high one. At 30 or 40 you might get less buyers but you will definitely get more sellers, and the market currently needs more sellers.
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The Wind Adept
23 Jun 2006
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I would just cap the Buy Orders at I$60.00/US$; the same rate as the Contest.
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BIGC4UNC
23 Jun 2006
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NOOOOOOOOOOOOOOOO!!!
C'mon you guys
A cap is not necessary. If someone wants to sale high, then BUY, and when it comes down sale for profit. This isnt hard to get. Let the market be that. If someone is willing to sale me 100 for $1 then ILl buy it, Ijust dont have any cash in their currently. So If I can buy at 100/1 and sale at 50/1 I double my bucks. You guys are doing well on this thing dont let the currency exchange screw up the thinking heh.
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Deymond
23 Jun 2006
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If you restrict exchange rates to no greater than X, you are discouraging sellers. If you restrict exchange rates to no less than Y (or to between X and Y), you discourage buyers.
Furthermore, even if I accepted the notion that volume could be increased by encouraging sellers at the expense of buyers, I disagree that we need more sellers. Considering this website gives away free I$ every week that a trader may sell, clearly we have plenty of potential sellers. Buyers are the tricky part. No one will spend real US$ to buy I$ unless they feel that it is to their benefit (either through enjoyment or real monetary profit), and only a handful of people in the world have demonstrated that they can turn a significant monetary profit on Cenimar.com.
I agree with THS that a cap is not necessary, but I would like to point out how it hinders this currency exchange. Let's say a trader has I$10k at his/her disposal. Now, if they wish to remain in the market, they're not likely to put very much I$ up for sale on the exchange. This is because they can only play one end of the exchange. They can sell I$7k on the exchange, but they can't buy it back. That automatically removes a seller from the market, and potentially removes a buyer from the market.
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The Wind Adept
23 Jun 2006
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tarheelssports, you seem to have a really big opinion. Why aren't you involved in the Currency Exchange. Although I know you know how it works, I still think practice makes perfect, and experience with a specific system never hurts.
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The Wind Adept
23 Jun 2006
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Maybe you should increase the minimum limit of I$ for sale from I$100 to I$300 or even more. That may significantly change the functioning of the C.E.
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BIGC4UNC
23 Jun 2006
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My main reason is CASH LOL. I have options outside of Cenimar to raise cash. Im just hear right now for the pure enjoyment. If I can get top 3 with no cash paid in then its been worth the trouble. Also as for selling my I$ the numbers are abit steeper than Im willing to use right now. I need a nice cushion of I$ before Im willing to sale it for some money. I think this is an awesome contest and very fun personally. For someone that cant spend 30g a yr on stocks/bonds/options & the such. Ill get on there, just holding out for a few more I$ to allow me what I think is a reasonble cushion.
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Razmig
24 Jun 2006
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Actually Deymond, since sellers want the exchange rate low, restricting it to no greater than X encourages sellers but discourages buyers.
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Deymond
24 Jun 2006
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Whoops. Um...all that stuff I said before, but flip it.
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Cenimar
26 Jun 2006
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Please Note: the Exchange Rate limit has just been raised from 100 I$/US$ to 150 I$/US$.
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Razmig
26 Jun 2006
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Why was it raised even more? There are few enough sellers as it is.
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Cenimar
27 Jun 2006
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Razmig, you are correct that there are few sellers. Unfortunately, there are even fewer buyers. However, we hope that that will change in the near future as we start another round of promoting the next Cenimar Contest.
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BIGC4UNC
27 Jun 2006
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Cenimar Ive got a question and a point.
Question. How long will it take for my funds to show in my account via a paypal payment?
Point: You may need to change this on the Cash Activity page
Note: at the present time, the only way to change your cash balance is to win a prize in our contest.
In the future, the cash balance feature will also play a role in our upcoming Currency Exchange.
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Cenimar
27 Jun 2006
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The funds normally show up instantly. However, occasionally the payment does not get automatically associated with your account. In that case the depositor can expect an email from us to clarify which account to get credited.
The Cash Balance feature does show Currency Exchange transactions (once they complete correctly).
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Razmig
27 Jun 2006
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I was wondering if Cenimar could give us an option of how to list the current contracts. While putting it in the order of upcoming settle dates is useful, I also want to know which contract is the most active, which has the biggest market cap, etc.
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Cenimar
27 Jun 2006
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Good suggestion.
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class007
28 Jun 2006
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Has it been changed so we can only sell the amount of Intel dollars that we've earned on the market? I have around 450 but it says I can only sell like 7.58 now.
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Cenimar
28 Jun 2006
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If you have a balance of I$450 you should at least be able to sell I$200 (often more if most of your I$ comes from market sales).
If you continue to have problems please send an email with details to support@cenimar.com.
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Cenimar
28 Jun 2006
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Actually, we did find and fix a problem with our computation of the maximum quantity you can sell. If you try your sell transaction again I think it should work correctly.
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Razmig
28 Jun 2006
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Wow, Deymond. How are you getting your worth to go up so quickly?
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Deymond
28 Jun 2006
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Nothing special, no gambles or anything. Just good solid trading, and some fortunate instances of being on the right sides of some other not-so-solid trades.
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Razmig
28 Jun 2006
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You mean trades like the 9.99 offer?
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Deymond
28 Jun 2006
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Yup.
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Razmig
28 Jun 2006
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Can Cenimar stop people from selling their weekly allowances? People that aren't using this website anymore can just log on a week get their weekly allowance, and sell it.
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Cenimar
28 Jun 2006
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I can confidently say that that is not a problem (yet). (Though some of the Exchange traders with open buy orders might be happy to see additional sellers on the market.)
We want to make our active traders feel like our service is fair. So we'll monitor and change our trading rules and limits as necessary.
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Razmig
29 Jun 2006
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Can you make a forum category for contract suggestions? Other than a few special contracts, most contracts are just renewed monthly.
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Cenimar
1 Jul 2006
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At first we thought that that would be a good idea. However, we now think it's better to discuss these ideas within the forum of a related contract. E.g. discuss suggestions for new politics contracts in the forum for an existing politics contract - we'll probably get better feedback that way. Also that way, stale ideas effectively disappear when the contract gets suspended.
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Cenimar
1 Jul 2006
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The limit for I$ purchases on the Currency Exchange has been increased from I$3,000 to I$4,000.
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Mozzy
4 Jul 2006
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THS, I understand that you don't like the cap and want it eliminated but I find it to be useful for keeping sellers in the market. I also understand that you feel you can make a profit in I$ for free on the exchange, and at first I was excited too about that prospect but the fees make it almost impossible to gnome, (strictly currency trading in market talk) successfully. Just try to sell some I$ and see how much the fees kill you. I sold 100 I$ at the 30 rate and would barely make any profit at the 60 rate due to fees.
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class007
4 Jul 2006
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I just looked at the fees list for the first time and it says to withdraw money by check it's $10. Don't we have to have at least $10 to withdraw the money? Does that mean we would really need more than 10 to actually get anything back?
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Cenimar
4 Jul 2006
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A PayPal transfer costs $5. So a $10.00 balance would net $5.00 through PayPal. You need $15.00 balance to net $5.00 if you want a check. If you are one of the Contest leaders then there is no charge for the withdrawal.
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Superman14
5 Jul 2006
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do u get a good amount of money by saving your shars and being right or should i trade them cause the money i would get wouldnt be that much?
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Razmig
5 Jul 2006
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If you are confident that your shares are going to win, then hold on to them. However, if you're not so sure and they are decently priced, selling might be a good idea.
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Superman14
5 Jul 2006
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thank you...is the money u win by holding on to them a good amount?
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Razmig
5 Jul 2006
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You get $10 per winning share.
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agent jameskeith
6 Jul 2006
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just wondering
i dont know how to start
im sorry im just a beginner!!!!!!!!!
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Razmig
6 Jul 2006
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Does the earning amount displayed on the leaders page reflect the 15% deduction?
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The Wind Adept
6 Jul 2006
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Yes
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agent 23023
9 Jul 2006
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I read through everything on the cenimar website and I'm still not sure if I should continue with this contest. If you are getting free money, then why should it cost anything? Or did I misread something?
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Cenimar
9 Jul 2006
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The Contest is free. You can participate in the Contest without having to purchase additional I$ on the Currency Exchange. The winners of our first Contest did exactly that.
However, you can choose to purchase additional I$ on the Currency Exchange.
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agent 23891
16 Jul 2006
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How many players are there? And, who's really gonna win out of all these people playing?
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Cenimar
17 Jul 2006
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It's difficuly to say how many active traders there are. However, you can see who is most likely to win the Contest by looking at the Leaderboard.
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agent 24016
17 Jul 2006
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i dont really get how all this works, lik how do u start off?? an get more I$ if u cant sell wat you just recived for the signing up bonse??
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agent 23861
18 Jul 2006
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will i get the money real for trading?
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Super6
18 Jul 2006
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i dont really get how all this works, lik how do u start off?? an get more I$ if u cant sell wat you just recived for the signing up bonse??
you start off by buying and selling stock with the $250 I dollars you get then if you get a lot you can sell the I$ and get real cash.
will i get the money real for trading?
if you make lots of I$ trading, then anything over $5(real, if you have paypal)+15% is yours, in real cash.
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The Wind Adept
18 Jul 2006
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You cannot sell your sigunup bonus, Agent 23861
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The Wind Adept
18 Jul 2006
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You first trade on the Prediction Market (the main thing) and then after you increase your portfolio's net worth, you can sell some of the I$ you have made for US$. However, you cannot sell and I$ if your portfolio is less than I$250. Also, you have to have made at least I$100. (Minimum order is I$100, by the way). First, though, stick to the prediction market to increase your earnings.
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agent 26635
31 Jul 2006
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I have never done this before and would really like to learn more. Do we get a tutorial of some sort?
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Cenimar
31 Jul 2006
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On the top of every Cenimar page is a menu. From that menu select either 'Prediction Market' then 'Step by Step Example' or select 'Help' then 'Frequently Asked Questions'.
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Cenimar
7 Aug 2006
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The limit for I$ purchases on the Currency Exchange has been increased from I$4,000 to I$6,000.
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Huckler
11 Aug 2006
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I need to have free I$ to convert to cash. Buy all my shares and then I can go to a lower level! :)
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Agent Kops
12 Aug 2006
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i$ seems to be on a chronic devaluation trail. Seriously, Cenimar should have a fiscal policy-- they cant go about giving out $40 every week to every agent (6000 if we take cenimar's word) without taxing the money out. i wouldnt mind if they only taxed the top 20 agents or something, but this place really needs some fiscal constraints to maintain the i$'s reputation and value.
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Agent Kops
13 Aug 2006
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Can we have a contract on how much the Cenimar leader of the next contest makes?
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The Wind Adept
13 Aug 2006
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Hey, I really like that idea!!! The only problem would be the leader trying to influence that contract. It wouldn't be totally independant.
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Deymond
13 Aug 2006
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Considering a trader would know when he or she planned to implement trades and currency exchanges, and consider the fact that from day to day, the leader could change hands between several traders, I think such a contract would be impossible.
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Agent Kops
13 Aug 2006
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I dont think its a big problem. The leader can only sell intel dollar in the exchange and has to pay a 15% transaction fee, plus, looking at current activity, its not easy to part with your holdings on the exchange and if the leader even tries to do so he will no longer be the leader. I really dont think it will turn out to be profitable in the end.
As for teh trades, same rules apply. I mean you may buy bundles to boost your portfolio, but you still have a limit. On the other hand if u want to reduce value of your portfolio by selling shares at discount, well then you are losing money. You have to go through extreme calculation to actually figure out if such a move is favorable.
Yes the leader can influence his/her portfolio but whether its profitable or not is the question.
To make this contract work we could have a contract based on how much the Top 3 or Top 5 traders makes. There will be conflicting interests, and if there is, by some weird chance, a collusion- it will push the value of the preferred contract very high since all the leaders would be bidding for it. And if one or two the leaders dont have enough of the preferred contract they might want to make some other contract win. I really doubt if anyone would acually sacrifice his/her portfolio for a small contract.
If you want more regulations, you can close the contract 2 days before contest end.
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Cenimar
22 Aug 2006
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The limit for I$ purchases on the Currency Exchange has been increased from I$6,000 to I$8,000.
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mr Pwnag3
27 Aug 2006
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people, i am a noob at this site. how do i earn cash here using the intel dollars?
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Cenimar
28 Aug 2006
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First you need to use your I$ on the 'Prediction Market' to try to earn even more I$. Once you have earned more I$, you can offer them for sale on the Currency Exchange. Of someone buys them, you get to keep them money (minus some small fees).
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agent 31725
8 Sep 2006
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i need more clerification on the rate limit and dorlla limit
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Cenimar
8 Sep 2006
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The current Exchange Limits are shown in the 'Exchange Limit' section above. Both dollar and rate limits have changed significantly since the Currency Exchange was opened and both will probably continue to change without notice.
The dollar limit (currently I$8,000) is designed to make it difficult for a trader to 'buy' the lead position in our Contest. You cannot purchase more I$ if your I$ balance (cash + portfolio) is already at I$8,000.
The rate limit (currently 150 I$/US$) is designed to keep trades close to the current trading level. (To eliminate typos and other accidental trades.) If normal trading was to consistently approach 150 I$/US$ then we would probably increase the limit.
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agent 31571
9 Sep 2006
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I think I need help. I'm new at this game and I wanted to see if I could figure out how to play the game by reading everything. I now realize that I'm going to need more help then that.
I've placed a few orders to buy some shares but I'm not sure if I've done it right. I'm kind of a chicken, and have only bought 5-10 shares on a couple of contracts. I don't even now if I'm using the right terminology but I'm determined to figure this thing out. How do I know when I get the shares I ordered? Do I have to wait until the contract is over and the answer is revealed to make money? Is that the quickest way? I’ve been reading that some agents have been making lots of money in one week or even a couple of days. I don’t even have 1 share. Does this make sense? Can anyone help me?
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The Wind Adept
9 Sep 2006
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Agent 31571, if you make your profile public (My Account - Change Profile), I can help you. When you get shares, they will show up. Any other help, you can just post and I will be more than willing to help you get started.
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Huckler
9 Sep 2006
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If you click Prediction Market on the top bar and go to Available Contracts, you will see all the contracts you can buy and sell shares in. When you place buy orders for shares that are executed, they will appear in your portfolio. If you place orders that are not fulfilled (like a buy order price that is lower than the sell price), then no shares will be in your portfolio. The order will stay open to be fulfilled until it expires.
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agent 31571
10 Sep 2006
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Hey, thanks (The Wind Adept & Huckler). I got my shares now so I guess I'm doing things right.
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agent 31240
12 Sep 2006
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I think I need help. I'm new at this game and I wanted to see if I could figure out how to play the game by reading everything. I now realize that I'm going to need more help then that.
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agent 32661
16 Sep 2006
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please i need help to get started. Would i have the ABCs so i can spread my wings and fly high.
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agent 33317
22 Sep 2006
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pls i need a help to understand the whole show.
i live in Ghana, how do i receive my cash should i get some in my account?
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Deymond
22 Sep 2006
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Paypal.
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Agent Kops
12 Oct 2006
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Looking at most of the current contract discussion boards, its kind of depressing how lifeless Cenimar has become.
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Cenimar
12 Oct 2006
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Then give us some suggestions on how to brighten things up.
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Mozzy
13 Oct 2006
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I find the lack of discussion proof that Cenimar is getting more competitive, which is a good thing. It's at that point where there are enough people that its lost its small time, gamelike image, (I'm surprised it's taken so long to pass that stage with the money involved) but still small enough that you don't see rampant amounts of false information that you do in other extremely competitive places because most of us know and respect each other (at least on the leaderboard). Once this place grows some more we can expect the boards to pick up some more, both in constructive and idiotic comments.
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agent 37084
16 Oct 2006
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Please specify the actual rate on intel one can place on an order or to sell/buy
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Cenimar
16 Oct 2006
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From the 'Currency Exchange' main menu button, select 'Activity' to see the range of exchange rates available on the exchange.
Note that sell orders are currently limited to a rate of 150 I$/US$ or lower. (Though that limit can be changed without notice.)
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Spare Time Trader
18 Oct 2006
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Cenimar,
Here is a suggestion to increase liquidity in the currency market. Maybe it's computationally costly, but you can evaluate that.
1) Allow participants to buy or sell any amount of Intel$, even if it increases their total beyond $8000. Keep the restriction on selling the initial $250 if you want.
2) Exclude net purchases of Intel$ for the purpose of the contests (or count them only as long as the portfolio value is
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Deymond
18 Oct 2006
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I think this is a great suggestion. I know a lot of people don't like the idea of a trader being able to 'buy the contest,' but traders unwilling to invest real money would still be able to profit by selling their I$ through the currency exchange.
Alternatively, I suggest that traders, regardless of their portfolio balance, should be allowed to purchase I$ up to the amount that they have sold. This would increase currency exchange volume and Cenimar's revenue, and allow everyone a chance to trade both sides of the currency exchange.
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Agent Kops
19 Oct 2006
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I agree, putting these rules into effect might just help to bring down the price of Cenimar Dollars down from 150.
Though, what I really want is a fiscal policy in cenimar, you cannot go on giving out 40 I$ every week to everyone without expecting I$ to chronically devalue. may be you could put up a nominal trading fee on contracts.
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Razmig
19 Oct 2006
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I'm pretty sure that all of the I$ taken back by cenimar during the payout of the main contest gives I$ some of it's value back. However, to revalue(?) I$, I suggest that traders worth over I$2000 that have less than I$200 free, should not recieve an allowance.
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Deymond
19 Oct 2006
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I'm not opposed to placing limits on who receives the allowance, but I don't think there's any way to maintain a stable value for I$ as long as Cenimar is still setting a contest exchange rate based upon the value of the top three traders.
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Agent Kops
26 Oct 2006
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Ok Razmig taking back i$ doesnt really help. So from the last contest Cenimar took back 40,000 i$ ($400 * 100i$/$). Now i think cenimar has about 3500 active members. Therefore during the same period Cenimar gave out 3500*40*8 = 1,120,000 i$. the money that cenimar recouped is
only 3.6% of what it gave out. Unless you set the contest exchange rate at something like $ 1 for i$1400, you will see that i$ will decline in value. Cenimar, please find a fiscal policy.
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Cenimar
26 Oct 2006
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Agent Kops, you can see that there is only about I$10,000 available for sale on the Currency Exchange today. That number is typical or high. So clearly there is not I$1,000,000 for sale.
You can see from the Contest Leaders chart that there are probably not many more than 100 traders with more than I$1,000. Many would consider that the minimum required to make it worthwhile to withdraw money from the Exchange.
Given the low volume of buyers, the Exchange has been remarkably stable for the last four months.
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Spare Time Trader
18 Oct 2006
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I realize my earlier comment was truncated...Well, too bad.
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Spare Time Trader
18 Oct 2006
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Deymond, I totally agree. Your comments are in the same direction as the ones that didn't appear in my truncated message. Let's hope that Cenimar will listen to us !
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Agent Kops
19 Oct 2006
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we should have a contract on whether or not Deymond wins next cenimar contest. ;))
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Spare Time Trader
19 Oct 2006
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The contract on Deymond's position in the context is a great idea. I only fear the liquidity would be low.... :-)
Now, Agent Kops, you seem to be trying to impose trading frictions in the hope that fundamentals won't prevail. You suggestion for 'fiscal policy' is much better :-)
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Spare Time Trader
19 Oct 2006
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Cenimar,
A few days ago you asked Agent Kops for suggestions on how to improve things around here (Oct 12). The last few comments provide a bunch of them.
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Cenimar
19 Oct 2006
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The limit for I$ purchases on the Currency Exchange has been increased from I$8,000 to I$10,000.
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Cenimar
19 Oct 2006
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In response to the recent (18 Oct +) liquidity suggestions:
With the new I$10,000 limit, there are only about seven traders limited in their I$ purchases. So, one could argue that the effect of the limit on the Currency Exchange should be small. (Even before that, the limit affected only two or thee others.)
Since it is to the benefit of the majority of traders that the contest winners cash in most of their I$ - one might consider the Currency Exchange limit as another incentive for the contest winners to cash in.
We are not against some of the suggested changes for a future contest cycle. We are, however, not fully convinced that it would significantly affect Currency Exchange volume. There are already lots of traders below the I$10k limit - why are they not making more use of the Exchange?
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Agent Kops
21 Oct 2006
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Because most are high school students. ;)
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Agent Kops
21 Oct 2006
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to be more theoretical. There is a disincentive to holding cenimar dollars. For me personally, thats the major reason. Say if I bought cenimar dollar at 30$I last June (when the currency exchange started) and say i spent $11.50, xconsidering the trading fee I would get I$ 300. Now consider the fact that I am an avaerage guy and I expect a cenimar return of 5% per week. So with simple interest rate i would be able to get a return of 225 (15 weeks). Not considering the intial I$250, I would have I$ 525.
Now in october, I know that I am not gonna win the contest since there are great people like Deymond around - so i shouldnt be expecting any money from the prize pool.
So wht happens in october is that I see that the dollar value of my account goes down since the exchange rate has jumped to I$125 per dollar. So if I want to sell my holdings I get $4.2, after paying the fees, I am left with $2.94. I cant even withdraw that money because I have to pay $5 for paypal withdrawal. And all this would also have to assume that I will be able to sell my I$ holdings - i.e. liquid market.
You must realise that I$ isnt real money. that it cant buy you anything. If I want to be part of Cenimar only for the experience, I can do it with the money cenimar gives me. I do not need to win the contest, neither do I expect to. therefore, I have no motive whatsoever to buy I$.
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indiana_jones
25 Oct 2006
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How long does it take for a Paypal purchase to register in the game?
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Deymond
25 Oct 2006
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It will show up on Cenimar immediately.
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Cenimar
26 Oct 2006
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If you don't click on the 'return to cenimar.com' link from the PayPal session then we do NOT automatically know which account to use for credit of the deposit. It then becomes a manual task for us - we normally pick it up within a few hours because we do receive an error email from our service.
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Spare Time Trader
5 Nov 2006
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Hi Cenimar,
Did you start charging a 15% fee for Intel$ purchases as well? Or is it only the seller who pays 15%.
Thanks.
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Cenimar
5 Nov 2006
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The basic fee has always been 15% on both. Several times over the last month or so we have offered fee free purchases. However, the last such offer expired on 30 Oct.
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Spare Time Trader
6 Nov 2006
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Thanks for the info.
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Cenimar
8 Nov 2006
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The limit for I$ purchases on the Currency Exchange has been increased from I$10,000 to I$12,000.
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Cenimar
17 Nov 2006
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The limit for I$ purchases on the Currency Exchange has been increased from I$12,000 to I$15,000.
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Cenimar
11 Dec 2006
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The limit for I$ purchases on the Currency Exchange has been increased from I$15,000 to I$50,000.
The maximum purchase exchange rate has been increased from 150 I$/US$ to 175 I$/US$.
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FeastOrFamine46
11 Dec 2006
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I$50,000... I wonder if we'll reach that before the next contest is over.
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Templar Knight
11 Dec 2006
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Wow, why such a big jump suddenly? Doesn't this allow someone to buy their way to the top now?
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Cenimar
11 Dec 2006
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The I$50,000 limit is our way of saying that there is currently no practical limit to how many I$ you can purchase. Several traders have requested that - so we'll give it a try.
Remember that traders don't buy from Cenimar - they buy from other traders. So, if you think that the increased limit will increase Currency Exchange trading - you might want to try selling some currency!
Although we hope that traders will want to use the exchange to give themselves an I$ boost - we think it would be impractical to try to buy the lead position.
By the way - we may choose to temporarily close the currency exchange at some undisclosed time immediately prior to contest deadlines. (For the same reason that we place temporary trading limits on the Prediction Market.)
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Spare Time Trader
17 Dec 2006
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I still think the currency market would be more liquid if you removed the 15% fee on every trade, and only charged the fee whenever someone withdraws money (plus whatever other fixed fee you have - for check, paypal or whatever). In addition, showing the volume along with the historical prices could help people figure out how liquid the market has bees. Sorry for insisting on this old suggestion....but this market looks pretty dead to me.
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Spare Time Trader
18 Dec 2006
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Let me add the (old) suggestion that you remove the purchases and sales of currency from the contest calculations. The easiest way to do that would be to have a return index for each player as the basis for the rankings, rather than I$ holdings. That is, contests would be like your Delta contest, but with currency trades exluded. After every currency trade you have to adjust the basis on which the returns will be calculated from then on. And this (net) returns are compounded into this return index.
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FeastOrFamine46
18 Dec 2006
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15% by itself isn't astronomical, but 15% on both the buying and selling ends is. Granted, Cenimar's buy-I$-with-no-fee promotions are great, but they only seem to be temporary. I think Cenimar should only levy the fee on buyers or sellers, but not both.
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Spare Time Trader
18 Dec 2006
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I don't mind the 15% (even though that's huge if this eventually becomes even close to a liquid market). But why not charge it only when money actually leaves Cenimar? This would allow participants to trade in the currency market, buying and selling - and therefore providing liquidity and a more efficient market - without having to pay the fees. Then, when they actually cash-out they'd pay the 15%. If volume increases enough Cenimar might actually make more money this way.
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agent Langmartey
28 Dec 2006
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how will i know my I$ SO THAT I CAN CHANGE OR SELL THEM?
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Sexy Tom
4 Jan 2007
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I think there should be a lower limit for I$ purchases. There is a particular trader who started out with 250I$ is already in range of possibily taking over the leader position. Cenimar thought it would be unrealistic for a trader to buy their way into the lead but uhh they're only about $100 away from doing so. I guess this is a complaint or just defending the #1-3 people. oh yeh and kinda annoyed that ever time I pass him up, it looks like he gets a boost from the currency exchange. I think maybe the 50,000I$ value limit is okay as long as there is a purchase limit in each contest session. I think someone suggested that already, forgot who.
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Cenimar
4 Jan 2007
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Mr. Rogers,
Although it now may be possible to buy a leadership position, consider the economics. It can cost more (US$) than the potential award. And where do those US$ go? In the most part, not to Cenimar, but to other traders! So, in reality, award money is simply shifted to the Currency Exchange.
I don't think I'm giving too much away to say that several of the main contest leaders also have sell orders open on the Currency Exchange. Also, check out the Hall of Fame: many leaders made at least part of their US$ in the Currency Exchange. For some, all their earnings were in the Exchange!
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agent 34591
4 Jan 2007
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how can i determine the exchange between I$ and US$?.
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Cenimar
4 Jan 2007
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Under the main 'Currency Exchange' menu select 'Activity' to see the best rate.
Also, if you start the process to exchange some money then you will be given a fairly accurate estimate of the effective exchange rate before you commit the trade.
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BloodTypo
2 Feb 2007
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I agree that charging 15% on both sides of the CE market is a bit much. Ceminar, what is the reasoning behind the 15% fee? Are currency exchanges more labor-intensive for Ceminar than prediction market trades?
I understand the reason for fees involved for withdrawing cash. There are expenses involved in handling the money transaction, so fees are appropriate.
However, until a trader makes a US$ cash withdrawl, the amount in that trader's cash account is really just a phantom number. The real cash is in Ceminar's bank account, earning interest for Ceminar until the cash is withdrawn by the trader who owns it. All the trading back and forth in the CE market doesn't affect where the cash itself really is, until a trader makes a withdrawl (and incurs fees as mentioned above).
So why not allow free trades on the currency market, as you do for the predictions market? I'm personally planning to deposit a check and use it to purchase I$ (not to buy a leader position but to be able to trade at higher volumes).
If CE trading were free like predictions market trading is, I would trade on both sides of the CE just as I would do on the predictions market.
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Cenimar
2 Feb 2007
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The Currency Exchange is designed to be used infrequently by traders as they need I$ for the Prediction Market or want to cash out. So, we view the fees associated with these tasks as the 'one time cost' of 'buying into Cenimar'. (It's also one of the few ways we have of earning money out of the Cenimar system.) The low trading volume on the Currency Exchange makes it unsuitable for effective trading on both sides of the market.
The biggest problem on the Currency Exchange is the lack of buyers. We frequently run promotions that reduce the buyer fees to 0% and it does not measurably increase activity. It appears that the buyer fee does not affact decisions to buy (at market price).
Assuming that we (Cenimar) are here to make money. Would you rather see a reduced fee on the Currency Exchange and a new fee added to transactions on the Prediction Market? (I suspect that the answer would be an overwhelming 'no'.)
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BloodTypo
2 Feb 2007
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Part of the difficulty in attacting activity might be the fact that the CE market is shown in a separate section from the predictions market. Traders don't think about it because it isn't right where they usually look.
To fix this, perhaps a link on the predictions market screen, showing the buy and sell rates for $I per $US, would bring some of the predictions market traffic over to the CE market.
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Agent Kops
17 Mar 2007
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i would strongly support imposing a fee on the prediction market transactions. its the good thing that Cenimar stopped paying weekly money to top people. i fondly remember the days when $1 traded for i$ 15.
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Cenimar
18 Mar 2007
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Kops, we'd love to be able to charge a fee for Prediction Market trades. However, we suspect that volume would drop to the level where the market was no fun for anyone.
We'll soon see if anyone is willing to pay for Prediction Market trades using the new Power Tools. Although optional, we do believe that these Tools make frequent trading easier by allowing orders for all Options in a Contract to be submitted from one form.
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Cenimar
2 Feb 2007
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The maximum purchase exchange rate has been increased from 175 I$/US$ to 250 I$/US$.
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agent 47973
5 Feb 2007
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I am very happy to be accepted.but I do not know how I Can get my money from you when I live in Rwanda.Thanks
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Cenimar
6 Feb 2007
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We can send US$ checks by airmail if you can not setup a PayPal account. You should confirm with your local bank if they can accept US$ checks.
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leheart
14 Feb 2007
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this is really a great way to practice being wise, especially in trading.. question: If you have cash, would the balance be back to zero if the next contest starts? or will it be carried on? thanks!
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Deymond
14 Feb 2007
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Your I$ balance will be carried over through the contest, unless you exchange it for a contest award or through the currency exchange.
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Cenimar
23 Mar 2007
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The maximum purchase exchange rate has been increased from 250 I$/US$ to 300 I$/US$.
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agent 48588
26 Mar 2007
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I would like to ask you how one is able to exchange his intel dollars for cash and the coditions that are applicable.
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agent 52705
26 Mar 2007
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I dont know what to do...Anyone out there that can help??
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agent 52825
27 Mar 2007
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I'm not quite sure on whats going on, so could someone please inform me. Thank you.
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agent 53872
2 Apr 2007
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I think that this website is what's hot and you get to learn a little bit
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agent 54142
3 Apr 2007
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You get to learn a little about buying and selling stocks in this website.
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agent 52229
14 Apr 2007
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I thought the weekly allowance was I$40, last week mine was different. Can you please clarify?
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Cenimar
14 Apr 2007
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You receive I$40 only if you trade (buy or sell) a total of I$40 on the Prediction Market during the week. If you trade less than I$40 then you will receive an allowance equal to the total of your trades.
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FeastOrFamine46
16 Apr 2007
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Mine was also different. I don't really need the I$40, but why did I not get a weekly allowance last week?
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Cenimar
16 Apr 2007
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Vlad, I see trading activity in your account over the last week. But I think the orders were placed over a week ago. You must actually log in to cenimar during the 7 days proceeding the allowance date or you get I$0 allowance.
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FeastOrFamine46
16 Apr 2007
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Ahh... That explains it. Thanks!
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Cenimar
17 Apr 2007
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The maximum purchase exchange rate has been increased from 300 I$/US$ to 350 I$/US$.
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FeastOrFamine46
6 May 2007
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Cenimar, the bid/ask on the Currency Exchange has been above I$345 per USD$ for several days now. Trading has been stagnant even with a historically high bid price. Could we try a much higher exchange rate limit, or even none at all? It would probably increase trading activity and revitalize the Exchange. Thanks!
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Cenimar
6 May 2007
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That's a fair suggestion. I'll increase the limit to 500 I$/US$.
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Cenimar
6 May 2007
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The maximum purchase exchange rate has been increased from 350 I$/US$ to 500 I$/US$.
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bpstation14
7 Jun 2007
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I don't think I will ever have enough money to worry about exchanges )-=
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Cenimar
5 Jul 2007
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The Currency Exchange fee has been reduced from 15% to 10%.
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agent 63859
6 Jul 2007
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I thinking of selling $I 100 how much would guys suggest I sell them for
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Cenimar
7 Jul 2007
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The current selling price is about 250 I$/US$. After a 10% fee that would leave you with US$0.36!
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OSARO
10 Jul 2007
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i have exchage my intel dolars for cash, right now i don't have any money in my intel dolars.so could you please tell what to do and how to go about it.
Thanks
Osaro
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Cenimar
10 Jul 2007
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Based on the above and your 4 July forum entry it appears that you want to trade on the Prediction Market but have no I$. If so, your options are: try to get a linkup or referral bonus by referring friends to Cenimar. Or, buy some I$ back on the Currency Exchange!
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Helène777
8 Aug 2007
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WHERE CAN I SEE THE INTEL$ TREND?
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Freed
9 Aug 2007
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HOw long does the average buy on the prediction exchange take to go through?
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Cenimar
10 Aug 2007
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When matching orders are available the trades often settle within a couple of minutes. However if no one matches your order then your order may never trade.
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agent 68316
18 Sep 2007
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I will like to participate in a real forex trade.let me have details or links,i believe in my abilities.
Chukwuma Njoku.
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Xmaslee
8 Oct 2007
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I would like to ask you how one is able to exchange his intel dollars for cash and the coditions that are applicable. And how soon the money and get to the person's country or account number
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divadsfc
10 Oct 2007
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hello, i am new to this game. i have loads of question. i read a couple of forum and wonder is any money you are talking about is rea. i mean i got here from fastweb but i mean i read something about paypal accounts , and checks. so before i play this game i need to confirm that this game is rick free and require no money. my second quesiton is how do you change your username password because i went to the icon. and then go to the change icon . it will disappear. i am assuming that because of the ad ???? so how do you change your password.
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agent 74654
16 Nov 2007
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i was directed from scholarshipexperts.com but i don't really know what the site is about.
please i will be glad if somebody could help me in getting to know what the site is all about.
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BPS
20 Nov 2007
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The currency exchange is not currently open.. does it have active hours or ??
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Huckler
20 Nov 2007
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I am encountering the same problem. It says the currency exchange is not currently open for trading.
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Cenimar
26 Nov 2007
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It was off accidentally. It's normally turned off only at contract deadlines. It's now back on. Sorry for the inconvenience.
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babicrystal731
4 Dec 2007
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i still dont have the I$
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agent 80959
1 Mar 2008
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I'm new here, so I'm kinda confused. Are the fess being charged ACTUAL U.S. dollars or virtual ones??
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agent 81468
13 Mar 2008
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hi am new here,hope this is true, hwo are the people behind this, its a good idea but i pray it works.
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simkell
31 Mar 2008
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I tried selling intel dollars (120) I earned from only buying but was told that I earned 0.00 from selling.I then started selling but again my amount has been reduced to 0.93 yet I sold over6 to 7 shares .Piease advice me on how to participate in exchange
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Cenimar
31 Mar 2008
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You can't sell your initial I$250 on the currency exchange. So if your balance is less than I$250 you can trade. Even if you could trade you would earn less than US$1, which is below the minimum withdrawal amount.
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agent 83918
7 Apr 2008
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i do not understant whether i am being given physical money which i can get from my savings bank account or not,if so what are the conditions i must follow when making use of it?,is it free money for my studies or they are certain things i have to consider?
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P 4:13
24 Apr 2008
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So how many I$'s do the winners usally have?
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agent 86788
23 May 2008
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do u mean that as i have registered i can pay in an amount of up to $300 into your account and the high the exchange the higher my profit. if it is so how do i start
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Conqueror Christains
4 Jun 2008
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THIS WEBSITE IS GREAT!
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agent 88476
7 Jun 2008
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how does it work are trading i want to know how to trade here and have scholarship
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agent 86961
20 Jun 2008
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This is a great opportunity to earn dollars,but how can my intel dollars be converted to real dollar
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agent 89751
27 Jun 2008
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If I only new how to do this...*sigh*, I thought this site asked for our opinons of the future.
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agent 89622
1 Jul 2008
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I dont know how to use cenimar,and need to get profit in this
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agent 93364
4 Aug 2008
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Hello, I just sign up today for my scholarship.
I have some questions.
so, what's difference between I$ and US$??
for example if I have 1000 I$, can I exchange to US$? How much? and HOW can I receive it?
I'm living in Dominican Republic now....
please answer me ^^
bye bye
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agent 93798
6 Aug 2008
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how do i get my cash from this trading, is it real or amere game, am a nigerian i want to know how real it is sothat i can introduce others
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agent 95006
21 Aug 2008
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I just wanted to say that I think that this is a wonderful site with unlimited educational possiblity. Of course the real dollar exchange is a perk but for those members just starting out, they are obviously very early in the game, probably dont have a real grasp yet on how things work here and without even wanting to learn or understand, immediately come to this forum and ask...so how can I get my money? It just seems a bit crass. Obviously there is no such thing as just signing up for free money. So stop and learn something and you'll really be able to take off.
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