Would major sites like PokerStars ever stop using the dollar?

[Guthrie]

Poker sites should be denominated in fractional ounces of gold.

Problem solved.

Except for those who prefer grams, of course.

[The 13th 4postle]

1.)Euro is a great currency and I have nothing against, but I think it is slightly overvalued.

2.) Same thing with the pound. Not a coincidence that all things in Europe are getting more and more expensive.

3.) Dollar is so cheap now and is still used primarily in the Americas that it is extremely undervalued now and when the U.S gets a better president (Bush is bad from either Republican or Democratic viewpoint) that the U.S dollar will return to its former rate.

4.)List of presidential candidates I think would help U.S dollar

Mitt Romney
John McCain
Ron Paul
Mike Huckabee
Hillary Clinton
Joe Biden
Barrack Obama

P.S even though Canadian dollar is higher now they sitll have to pay more for same products...lol

[kielbax]

I changed my account currency at Party from $ to £ today and can confirm they exchange money from account currency to game currency with no vig.

Interesting thing is that the rate used to convert my balance to a new currency was better than the rate used to cash out.
You can check the deposit/cash out rates clicking on
Cashier->Cash Out and for example Wire Transfer.
Today they are 1 USD = 0.4682 GBP 1 GBP = 2.0095 USD .

Now if you go to My Account->Your Profile->Currency Converter the rates are
1.00 USD = 0.48 GBP 1.00 GBP = 2.07 USD.
And these are used to convert money from account currency to game currency and also when converting your balance to your new currency when you decide to change your account currency.

Only one change of account currency is allowed.

[jukofyork]

[ QUOTE ]
I changed my account currency at Party from $ to £ today and can confirm they exchange money from account currency to game currency with no vig.

Interesting thing is that the rate used to convert my balance to a new currency was better than the rate used to cash out.
You can check the deposit/cash out rates clicking on
Cashier->Cash Out and for example Wire Transfer.
Today they are 1 USD = 0.4682 GBP 1 GBP = 2.0095 USD .

Now if you go to My Account->Your Profile->Currency Converter the rates are
1.00 USD = 0.48 GBP 1.00 GBP = 2.07 USD.
And these are used to convert money from account currency to game currency and also when converting your balance to your new currency when you decide to change your account currency.

Only one change of account currency is allowed.

[/ QUOTE ]
Can anybody confirm that their is also no vig for tourney entry/prize amounts too?

Juk [img]/images/graemlins/smile.gif[/img]

[_dave_]

[ QUOTE ]

1.00 GBP = 2.07 USD.


[/ QUOTE ]

Wow.

[cardman]

[ QUOTE ]
[ QUOTE ]

1.00 GBP = 2.07 USD.


[/ QUOTE ]

Wow.

[/ QUOTE ]

The U.S. dollar is low against the Canadian dollar too. The Canadian dollar is the highest it's ever been in 130 years against the U.S. dollar.

[Tantalus747]

China is increasing the rate its swapping their massive reserves from U.S. dollars to Euros. This strongly indicates the U.S. dollar will downtrend for years to come, no matter who has political control.

Makes me feel rather ill I missed a short on the dollar futures nearly a year ago.

[vin17]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]

1.00 GBP = 2.07 USD.


[/ QUOTE ]

Wow.

[/ QUOTE ]

The U.S. dollar is low against the Canadian dollar too. The Canadian dollar is the highest it's ever been in 130 years against the U.S. dollar.

[/ QUOTE ]
For all the hype it's getting, the fact is the Canadian economy is still heavily tied to the U.S. So the current situation isn't necessarily viable long term.

Of course, you can make the case that for too long Canadian exporters have rested on the the laurels of a dominant American dollar, and the ball's in their court to step up productivity/efficiency wise.