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Post by chalsie on Apr 13, 2018 8:19:07 GMT
So along with the Listia rewards store switching from get it nows to auction style listings the XNK to credits conversion rate has changed again as shown in this little screencap: gyazo.com/c6bce67e152452a83d0a64a91d19f99dRemember just a few weeks ago when 1 XNK was 2475 credits? 2475/2=1237.5 or 1238 rounded up. So now it is really, really not worth bidding/buying any credit auctions unless you actually still have a ton of credits. And even then you're probably better off bidding on XNK auctions because your credits will go further. At least this essentially is making any leftover credit auctions useless since they've become prohibitively expensive. lol! I'm probably not the only one who's noticed the new conversion rate, but I just saw it today so I thought I'd share. <3 |
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bid1
Junior Member
I feel more like I do now, than I did when I first got here.
Posts: 67
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Post by bid1 on Apr 14, 2018 11:08:13 GMT
I won an auction at 3,850 creds/INK...I think. So, ... uh...an aside here: Why is it in the past few years does everybody start every sentence with "so..."? Ever heard of groupthink? Did you sell a ten-dollar giftie for $55 worth of creds? Holy shemolians, girlfriend! Your total I calculated as shown in your image should be 20575.56 credits, so I assume Listia charged you a few hundredths of an XNK for the auction, since your image shows 20,567 credits. I Anyhow,  , I finally made a buy last week, and the auction was in XNK and I wanted to try buying with XNK so I bid like 22.50 XNK and then Listia deducted 86,625 credits from my credit cache. I have no idea why  they took credits rather than 22.5 of the 180 or so XNK I had, unless it's that for some reason I didn't set up the XNK account or something. I tried to get an XNK account set up at MEW, and I guess I did last week, but have yet to transfer any XNK into it. But I have not tried to set anything up in the Listia XNK system yet. I guess by missing something in the instructions my XNK account doesn't work in Listia. I thought they automatically deducted XNK, but that proved me wrong. I also noticed that Listia has returned to their old payment method of them deducting the payments rather than that dialog we have used for the past two or three years. I'm pretty confused, I gotta say. I wish I knew how you all can figure this out so quickly. :SIGH:  I think I really need some help here. Prayers for our nation at war. (That we're NOT!)
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Post by chalsie on Apr 20, 2018 11:18:04 GMT
Hmmm, that's really interesting that they took the credits before using your XNK balance. They must really be trying to phase out the credit balances. Was it store credit XNK or regular XNK? Also, the auction in the example I posted in the screenshot above wasn't something I was selling, it was something I was trying to buy and according to Listia's calculations 1,555,555 credits was equal to 1256.5 XNK. Or at least that is how much XNK I would need to have in order to afford that $10 gift card.  On a happier note XNK is almost back up to 5 cents! ($0.049675) yay! |
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bid1
Junior Member
I feel more like I do now, than I did when I first got here.
Posts: 67
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Post by bid1 on Apr 20, 2018 22:41:14 GMT
...Was it store credit XNK or regular XNK? ...On a happier note XNK is almost back up to 5 cents! ($0.049675) yay! Thanks for replying, chalsie. I guess it would be store creds, cuz ... I DUNNO! LOL Cool that it's going up. I wonder where our board's stalwart natahoa has been. She hasn't posted in awhile, and we need her brilliance, along with our founder Mike. The two of them together pierce the incognizant iceberg that is XNK. Other than that, uh...I got nuthin'. |
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Post by chalsie on Apr 21, 2018 3:45:05 GMT
I know right? It's been so quiet lately. I'm actually getting excited about XNK because it's really been picking up some steam on IDEX. It's currently trading at $0.053382. I honestly think there is a really good chance that XNK will be worth holding on to. I would have never said that when we were using credits. The whole premise of cryptocurrencies is so fascinating. I don't quite understand how people are making money off this market because a currency is only as useful as where you can use it and how many people have accepted its use but hey so far so good!
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Post by dee796 on Apr 21, 2018 14:23:43 GMT
I am waiting to see Chaisie, it really is quiet around here. The XNK is picking up steam on IDEX, I am holding, I know alot of listia's who probably has alot XNK, but some is better than none, I hope. Hopefully, Natahoa and Mike, will get back on here soon!
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, I finally made a buy last week, and the auction was in XNK and I wanted to try buying with XNK
I think I really 
