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Uvas Umarov
Phone Weasel Advocate
Join date: 8 Feb 2007
Posts: 622
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10-13-2007 07:11
I trade lindens and I have been able to do on average 10-12 trades a month. My 30 day history shows 8 trades this last month.  Are there any other traders out there who has noticed this?
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"On the other hand, if you are convinced that I spent all the money on a new sports car, then getting even 2.5% instead of 0% back would be quite a deal, wouldn't it?" ---ginko bank owner on his financial dealings
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Uvas Umarov
Phone Weasel Advocate
Join date: 8 Feb 2007
Posts: 622
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10-13-2007 09:32
I'm guessing this has something to do with VAT killing sales...
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"On the other hand, if you are convinced that I spent all the money on a new sports car, then getting even 2.5% instead of 0% back would be quite a deal, wouldn't it?" ---ginko bank owner on his financial dealings
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Dnate Mars
Lost
Join date: 27 Jan 2004
Posts: 1,309
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10-13-2007 09:58
No, it seems that the number of open buy orders is increasing quicker then the overall rate of growth of the transactions. So, there are more people that are trying to do just as you are and make an easy buck off the rate gap. Too bad it isn't easy, and all you will make is about a buck.
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Visit my website: www.dnatemars.comFrom: Cristiano Midnight This forum is weird.
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Uvas Umarov
Phone Weasel Advocate
Join date: 8 Feb 2007
Posts: 622
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10-13-2007 10:22
Well, there are about 90 million L in open orders right now, and that is pretty average for the last 3-4 months at least.
So it is probably something other than what you suggested.
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"On the other hand, if you are convinced that I spent all the money on a new sports car, then getting even 2.5% instead of 0% back would be quite a deal, wouldn't it?" ---ginko bank owner on his financial dealings
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Dnate Mars
Lost
Join date: 27 Jan 2004
Posts: 1,309
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10-14-2007 02:00
From: Uvas Umarov Well, there are about 90 million L in open orders right now, and that is pretty average for the last 3-4 months at least.
So it is probably something other than what you suggested. No, not really. Over the last year, there has been a shift in where the L$ orders have been. Over the last year(ish) there has been a shift in the L$ trading range. It started at about $277 to $266. It has slowly shifted, with the most noticeable shift being within the last few months when it finally moved most of the traders from the 277 to the 276. There has also been a shift from about 20m at the lowest level (277-276) to now around 50m. The Lindex volume has not increased to match this increase. Also, I think that there has even been less of an increase of the number of L$ that are sold using the market sell option. I am not 100% sure on that, but that seems to be what I have seen. I think as time goes on there seems to be a fluctuation on the number of people that try their hand at the trading game. It seems that right now the market is pretty saturated, so we just have to wait and see how many of these people hang out in the longer run.
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Visit my website: www.dnatemars.comFrom: Cristiano Midnight This forum is weird.
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