Thread: Dinar Questions

Tried to read as much as possible but still confused about certain things, so I have some questions for you guys.

1. Why do I need to buy Dinar in notes, why don't I just open a currency trading account?

2, When I receive my Dinars, won't they come as 25k Dinar notes?

3. If so, won't these notes be worthless if a massive rise takes place?

4. Would it not therefore be better to have a smaller denomination of notes?

Originally Posted by mikeb222

Tried to read as much as possible but still confused about certain things, so I have some questions for you guys.

1. Why do I need to buy Dinar in notes, why don't I just open a currency trading account?

2, When I receive my Dinars, won't they come as 25k Dinar notes?

3. If so, won't these notes be worthless if a massive rise takes place?

4. Would it not therefore be better to have a smaller denomination of notes?

Mike,

The Dinar is not an actively traded currency on the currency exchange. That is reason that most have purchased the actual notes (currency). I would guess that most people hold the 25K note. It is assumed that those notes will eventually be removed after a RV. There have been numerous discussions on the pros and cons of having the 25K note vs the smaller notes. To me they are all valid notes and we should not have a problem once they are trading on the Forex. There are also numerous bank that you can buy and sell your dinar (of course a spread is involved). Hopes this helps a little. Thanks.

Well said 99. The 25K note issue was beat to death. I hold a number of them and have no doubts about being able to exchange them. My thoughts are like yours, if and when this thing does rv, they will just be taken out of circulation. That said, I am Not holding my breath.. Still like the 1st quarter 08 to see some real adventuresome movement. Time will tell. Good to see some action on rol club. Just got to put this thing back in gear.