$NetBucks - Official Thread

**Shenron** · 26 August, 2009, 00:08 AM

Originally Posted by Shenron

BTW, just a quick note to let you know that you can no longer edit your birthday. (this just in case it changed

)

Ermmm.... I just posted that.

**sandeepdude** · 26 August, 2009, 00:28 AM

Oops.. i didn't notice that...sorry

**Kovich** · 26 August, 2009, 01:09 AM

This is exciting! I've been waiting to hear about $NetBucks for awhile. Glad it's running now.

My birthday is coming up soon (Sept. 8th) so 50 $NB will be a great present.
Looking forward to this feature! Great job.

Can we work on the savings terms a bit? They don't seem right to me:

Minimum savings of 1,000 $NetBucks required for 0.10% interest every 30 days. Deposits require pending time of 1 days before interest accrues, or a 5.00% early withdrawal fee applies. Deposits may be moderated. Maximum savings of 10,000 $NetBucks allowed. Transaction fee of 2.00% applies on all transfers.

**Coastercraze** · 26 August, 2009, 01:33 AM

Originally Posted by Kovich

This is exciting! I've been waiting to hear about $NetBucks for awhile. Glad it's running now.

My birthday is coming up soon (Sept. 8th) so 50 $NB will be a great present.
Looking forward to this feature! Great job.

Can we work on the savings terms a bit? They don't seem right to me:

Minimum savings of 1,000 $NetBucks required for 0.10% interest every 30 days. Deposits require pending time of 1 days before interest accrues, or a 5.00% early withdrawal fee applies. Deposits may be moderated. Maximum savings of 10,000 $NetBucks allowed. Transaction fee of 2.00% applies on all transfers.

Aww I just had mine lol. Oh well I'll see what I can do to help get this forum up and running. I'll try not to overwhelm Will with more "Bills"

**deluxdon** · 26 August, 2009, 03:42 AM

Hmmmm..

Buying 1000 Netbucks cost $10 and selling 1000 Netbucks cost $6

DON.

**ayebea** · 26 August, 2009, 04:26 AM

Originally Posted by tmongy

Aww man... my birthday was three days ago!

Talk about bad timing!

Same for me my birthday 7days ago
too bad

but never mind !!!!

**Profithost** · 26 August, 2009, 04:56 AM

Oh

now my netbucks are gone. Well its nice its fixed now anyway!

**badmash** · 26 August, 2009, 05:00 AM

Hmm So now everything is fixed and we have to start again . I am happy to see that now It is finalized . Now lets see when we can see opening of netbucks store .

**Charles** · 26 August, 2009, 05:27 AM

Originally Posted by deluxdon

Hmmmm..

Buying 1000 Netbucks cost $10 and selling 1000 Netbucks cost $6

DON.

Yeah, that's more than fair.

If Netbucks were to be bought/sold at the same rate: a) the value of Netbucks would decrease b) Will would be forking out more c) there would be no user exchanges d) it would cause Will to perform a huge amount of unnecessary transactions.

Nice work, Shenny/Alex/Will/anyone else that has helped out that I may not know about!

**Shenron** · 26 August, 2009, 08:59 AM

Originally Posted by Kovich

Can we work on the savings terms a bit? They don't seem right to me:

Minimum savings of 1,000 $NetBucks required for 0.10% interest every 30 days. Deposits require pending time of 1 days before interest accrues, or a 5.00% early withdrawal fee applies. Deposits may be moderated. Maximum savings of 10,000 $NetBucks allowed. Transaction fee of 2.00% applies on all transfers.

What doesn't seem right?

Originally Posted by deluxdon

Hmmmm..

Buying 1000 Netbucks cost $10 and selling 1000 Netbucks cost $6

DON.

Well, yes, that's how a money market works (with smaller spreads I know), but check what Charles just said.

Originally Posted by Profithost

Oh

now my netbucks are gone. Well its nice its fixed now anyway!

There wasn't any problem, things were taken down to zero on purpose.

Originally Posted by Charles

Yeah, that's more than fair.

If Netbucks were to be bought/sold at the same rate: a) the value of Netbucks would decrease b) Will would be forking out more c) there would be no user exchanges d) it would cause Will to perform a huge amount of unnecessary transactions.

Exactly