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Lindex falls to 263L per Dollar

Mathieu Basiat
Wavemaster
Join date: 24 Apr 2006
Posts: 57
03-15-2008 13:29
I've been noticing this fall for the past few days....what is going on???

https://secure-web4.secondlife.com/currency/sell.php
Annabelle Babii
Unholier than thou
Join date: 2 Jun 2007
Posts: 1,797
03-15-2008 13:29
* sets up prim pillars around her parcel to keep the sky off it*
Deira Llanfair
Deira to rhyme with Myra
Join date: 16 Oct 2006
Posts: 2,315
03-15-2008 13:31
It means more people want to buy L$ than are currently wanting to sell them.
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SuezanneC Baskerville
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Join date: 22 Dec 2003
Posts: 14,229
03-15-2008 13:33
It means that the large quanty of Lindens I've been holding on to for years in hope of the value someday increasing is dropping again.
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Mathieu Basiat
Wavemaster
Join date: 24 Apr 2006
Posts: 57
03-15-2008 13:36
i have been looking at charts and can't find any from the past 2 years that show it this low, anyone have a better source?
Mathieu Basiat
Wavemaster
Join date: 24 Apr 2006
Posts: 57
03-15-2008 13:40
it just seems that currency linden has not been on at all in the past few days, i guess that is what i am getting at, there are no big dumps of linden that i attribute to him, i.e. at least 20-50 million at a time in the past week...maybe he is on vacation, and we are headed into inflation....
Tary Allen
Registered User
Join date: 28 Mar 2007
Posts: 79
03-15-2008 13:40
humm, so its a good time to buy L :)
Mathieu Basiat
Wavemaster
Join date: 24 Apr 2006
Posts: 57
03-15-2008 13:41
no it's a bad time to buy, a good time to sell
Tary Allen
Registered User
Join date: 28 Mar 2007
Posts: 79
03-15-2008 13:43
yep, i just figure it ( coverting euros to dollars to lindens :D )
mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
03-15-2008 13:49
From: Mathieu Basiat
it just seems that currency linden has not been on at all in the past few days, i guess that is what i am getting at, there are no big dumps of linden that i attribute to him, i.e. at least 20-50 million at a time in the past week...maybe he is on vacation, and we are headed into inflation....


Maybe Phillip Linden was currency Linden and now he's not in charge of it?

Maybe not.
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Deira Llanfair
Deira to rhyme with Myra
Join date: 16 Oct 2006
Posts: 2,315
03-15-2008 13:50
It could also mean that Supply Linden is on holiday. :D
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Must create animations for head-desk and palm-face!.
Dekka Raymaker
thinking very hard
Join date: 4 Feb 2007
Posts: 3,898
03-15-2008 14:04
From: Deira Llanfair
It could also mean that Supply Linden is on holiday. :D

So Non-supply Linden sits in while he's away?
Travis Lambert
White dog, red collar
Join date: 3 Jun 2004
Posts: 2,819
03-15-2008 14:12
This means that the Linden is worth more. It means the US Dollar is getting weaker.

Back in the days where its value wasn't as tightly controlled by Supply Linden as it is today, the Linden could fluctuate wildly. It was not uncommon for the value of the Linden to dip to $325/$1US or be worth $250/$1US or more.
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Mathieu Basiat
Wavemaster
Join date: 24 Apr 2006
Posts: 57
03-15-2008 14:21
from what i can tell, this is the lowest it has been since december 2005 looking at the graph here:

http://lindenlab.files.wordpress.com/2007/01/image001.gif

of course, max concurrency was also about 4000 then...