We are glad you are bringing this up at this time, because when the value of btc goes down, we hear from everyone because it costs slightly more to pay for the $ entry, however when players are paying less this is the first time we have ever heard about it!
I'm not sure what you mean by "paying less". The current conversion rate you are using is valuing
BTC at less then it currently is. Therefore, players are paying MORE to enter a tournament. As an example: I entered a $11 MTT. I payed 30.32m
BTC. 30.32m
BTC, at the time of buy-in, was worth $12.64. So I payed $12.64 to enter a $11 tournament. Now I totally get why a fixed rate is needed with this type of conversion and it's totally fine by me as long as I get my winnings at the same conversion rate. That is to say, if I win $110 in the tournament, will I get 263 chips (the actual current value) or 302.5 chips (the 2.75/$1 value)? As long as it's 302.5, it's totally fine and actually better for winning players since they get to play for higher stakes then what is listed.
Oh yes, of course the ratio will be the same and the point we were making is that it goes both ways during big swings in the value of btc. When players pay slightly more, we get messages, forum posts, emails, live chats, BUT when players pay less we never hear a thing of course. Again, this is only during big swings in the price of btc over a 24 hour period which we have just had and the ratio remains the same throughout and is updated daily.
Therefore, we will have the real time updating for the btc price very soon.
