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[ 7 posts ] |
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Why do the price of GP ALWAYS keep changing
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MART013
Joined: Wed Jan 19, 2011 9:52 am Posts: 1130
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Hey i was just wondering why the price of GP fluxuates 1 day its up 3 pence then the next day 5 pence when i first got on here it was £!.89 for 20 GP now is £1.95 is it due to demand ? I think it should be added to updates when the price changes what do you guy's think?
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Thu May 19, 2011 9:15 pm |
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FerrusManus
Joined: Tue Nov 02, 2010 12:32 am Posts: 4524
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It's the same for me, but I'm here in America; maybe that has something to do with it?
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Thu May 19, 2011 9:18 pm |
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bobdebouwer
Joined: Sat Jan 29, 2011 10:13 am Posts: 897
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Its the exchange rate. The price is US dollars and the exchange rate changes it when converted to UK pounds sterling.
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Thu May 19, 2011 9:19 pm |
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MART013
Joined: Wed Jan 19, 2011 9:52 am Posts: 1130
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I understand that it just seems that it's slowly rising the price is it like that in the U.S? , because if they are raising the price over there then it'll start to rise over here ya know. Im not complaining i think that the price for GP is fair at the moment but im sure no1 would like to see it rise to up to like another dollar/pound and u gota remember the pound is stronger than the dollar.
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Thu May 19, 2011 9:28 pm |
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FerrusManus
Joined: Tue Nov 02, 2010 12:32 am Posts: 4524
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No, it stays the same here, but the exchange rate fluctuates.
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Thu May 19, 2011 10:23 pm |
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KarlLitos
Joined: Fri Feb 25, 2011 4:26 pm Posts: 343
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the price still the same 20US$ for 200 GP 50 US$ for 550GP
the only thing change is the exchange rate.
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Thu May 19, 2011 10:59 pm |
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Matress_of_evil
Joined: Thu Jun 17, 2010 11:45 am Posts: 778
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It's all down to the economy. The GP cost hasn't changed at all. As the other guys have said the non-US cost is due to the exchange rate at the precise moment you buy your GP's. If America's economy does well, then the exchange rate goes up (So GP's cost more £ or € or whatever), if America's economy does bad it goes down (So GP's cost less £ or € or whatever)
_________________"Anyone without a sense of humour is truly at the mercy of the rest of us." My folding@home stats  
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Fri May 20, 2011 7:22 am |
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