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Renee (108305250) wrote:It depends on what yc rate you want to use. 10:1? 20:1 ?30:1?
TinaYoTurner (138753266) wrote:Renee (108305250) wrote:It depends on what yc rate you want to use. 10:1? 20:1 ?30:1?
^^^ best answer. It depends on YOUR rate. There is NO SET IN STONE rate for anything. You put YOUR PRICE PERIOD!
mspaulayo (104169437) wrote:Thanks all. It's still all so confusing to me.
Seven (124946806) wrote:mspaulayo (104169437) wrote:Thanks all. It's still all so confusing to me.
Like someone has said, you have to choose a yocash rate.
You take the amount you say it's worth in coins (which is 2 million) and divide that by the yc rate and you have your yocash amount.
For example if you choose: 40k to 1 yc
you divide 2 million by 40k and that gives you the yocash amount. (2,000,000 divide by 40,000 = 50 yocash)
20k to 1 yc
you divide 2 million by 20k and that gives you the yocash amount (2,000,000 divide by 20,000 = 100 yocash)
Hopes this helps!
Nyx (12531218) wrote:Seven (124946806) wrote:mspaulayo (104169437) wrote:Thanks all. It's still all so confusing to me.
Like someone has said, you have to choose a yocash rate.
You take the amount you say it's worth in coins (which is 2 million) and divide that by the yc rate and you have your yocash amount.
For example if you choose: 40k to 1 yc
you divide 2 million by 40k and that gives you the yocash amount. (2,000,000 divide by 40,000 = 50 yocash)
20k to 1 yc
you divide 2 million by 20k and that gives you the yocash amount (2,000,000 divide by 20,000 = 100 yocash)
Hopes this helps!
Okay maths is not my strong suit and I'm sure you're right, but how am I not following that math logic.? Lol!! How would apply higher YC rate to it make the item worth less YC than a lower YC to coin rate?? I mean if you want the coin equivalent in YC of what ever you are selling, I guess. I'm just glad I dont sell for YC very often in there I guess.. My head would explode..
Seven (124946806) wrote:Nyx (12531218) wrote:Seven (124946806) wrote:
Like someone has said, you have to choose a yocash rate.
You take the amount you say it's worth in coins (which is 2 million) and divide that by the yc rate and you have your yocash amount.
For example if you choose: 40k to 1 yc
you divide 2 million by 40k and that gives you the yocash amount. (2,000,000 divide by 40,000 = 50 yocash)
20k to 1 yc
you divide 2 million by 20k and that gives you the yocash amount (2,000,000 divide by 20,000 = 100 yocash)
Hopes this helps!
Okay maths is not my strong suit and I'm sure you're right, but how am I not following that math logic.? Lol!! How would apply higher YC rate to it make the item worth less YC than a lower YC to coin rate?? I mean if you want the coin equivalent in YC of what ever you are selling, I guess. I'm just glad I dont sell for YC very often in there I guess.. My head would explode..
The higher the yocash rate means more coins because you aren't using as much yocash. and vice versa. You are using less yocash to get to 2 million with the 40k to 1 rate, then you are using in a 20k to 1 rate.
The higher the rate the less yocash. This why people that sell YC that need coins, like when rates go up because they use less YC and get more coins.
Hope this makes sense.
Nyx (12531218) wrote:
I'm looking at it from a selling cash to coins point of view. I guess. That's usually what I do. I mean obviously if you're selling a fairly expensive coin item for YC you'd want to maximize the YC you're getting in exchange for it.I would.