Does this make sense to you?
June 4, 2007 9:53pm CST
I was going thru this scenario in my mind over and over again, and it looks legit. But some how it still doesn't look right. I am looking at a game where anything that i find/given to me in the real world, if it is something I did not get if I were to follow my normal routine, I can add the thing to the game pool. Eg, If I find money while walking the dog, I can add it to the game pool, cos this money is not something that I will usually find on a normal day. Another one of the rules of the game is not to put my own money into the game pool unless I am doing some transactions between the real world and the game. It is a little complicated, yet simple at the same time! I will explain a little later in my subsequent threads. So there is a real world me, which I will name ME-A. Then there is the game world me, which I will name ME-B. ME-A has been given a sum of USD 1 for being spontaneous and active in some contest. As this is given money, something that ME-A will not get on a normal day, this given money qualifies for ME-B's game pool. Problem is this, ME-B is not using USD in ME-B's game... and ME-A needs the USD 1 in his game... but the USD 1, in this case, belongs to ME-B. There is a third party exchanger who is willing to do an exchange between the currencies. His exchange rate from USD to SGD is USD 1 -- SGD 1.2 His exchange rate from SGD to USD is SGD 2 -- USD 1 This is not inclusive of the transfer fees between accounts. Considering the hefty fees required to do the exchange from USD to SGD and back to USD, I thought, why don't I take on the role of the exchanger and make the exchange transaction between ME-A and ME-B? To make things simple, I will name the exchanger ME-E. So ME-A will sell the USD 1 to ME-E for SGD 1.2 and give it to ME-B's game pool. This will mean ME-E has USD that he has to get rid of. Since ME-A requires USD for his games, he will then pay ME-E SGD 2 for the USD 1. Since there is a profit of SGD 0.8, something which I would not usually get on a normal day if not for this transaction, I would consider this as founded money which can go towards ME-B's game pool. So in total, ME-E breaks even, ME-B would get SGD 2 for his game pool, and ME-A will still have the USD 1 in his acct. Does it make sense to you? If not, can you tell me where the problem lies?
1 person likes this
7 Jun 07
How very complicated... May I ask what game this is? I might be interested too lol... or are you taking about a mindset you want to use to guide your own life? Or are you just trying to find a more efficient way to convert between usd and sgd? Or... dun be so cryptic lah! :P
7 Jun 07
thanks for the response. I am actually not being cryptic. I was laying my thoughts out on the post to see if it made sense to others who are reading it. I do some small trading of USD once in a blue moon, so looking at my situation, i thought of the above scenario... heh heh. In a shortest summary I could think of, the above scenario merely tries to sell and buy the USD with myself in order to save on the hefty exchange rates and transfer fees. I am trying this game out... http://www.cashocean.com/dyw/?4513 See if you are interested ;)
5 Jun 07
The only thing I can think of is whether the rules allow you to create three MEs? If so, then it sounds like you could do all three! How will the game owners know that you got USD 1 'not on a normal day'? does it boil down to trust, or is there a checking system?
5 Jun 07
it is a game anyone can play. The rules are simple. Like I mentioned... I will post something about it in a while. In this game, you are the game master and the Rule enforcer. Some of the rules can be modified... cos it is just a guide to get you moving along in the game. So, looking at the above, it is okay rite? The scenario is correct rite?