Second Life Forums Archive - Will today set a record for the Lindex?

Uvas Umarov

Phone Weasel Advocate

Join date: 8 Feb 2007

Posts: 622

07-01-2008 12:31

Half way through the day and we are already at 60 million lindens traded. i think the old record was just over 100 million.

_____________________

"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

Desmond Shang

Guvnah of Caledon

Join date: 14 Mar 2005

Posts: 5,250

07-01-2008 13:12

Possibly.

What I think is happening is people are paying their monthly rental tier today (1 July) to many of the various land barons on the grid. Who are subsequently selling $L just as fast as tenants are buying it to pay rent.

I'm not really a big part of that because I'm anachronistically 'week to week' but many estate owners do a month-to-month schedule. As such it seems the trading has established a nice signature on the LindeX volume.

Another possibility: anyone keeping an eye on Supply Linden? I forgot if there are monthly trade limits - I'd guess this would be a smaller factor, but if there was ever a time to toss a fishing line into the money supply the monthly changeover would be it.

_____________________

Steampunk Victorian, Well-Mannered Caledon!

Cristalle Karami

Lady of the House

Join date: 4 Dec 2006

Posts: 6,222

07-01-2008 13:25

Supply Linden must be in effect. I have a sell order in at 263L since April that hasn't budged, thanks primarily to Supply Linden.

_____________________

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World Undercroft

Rez Rez Rez

Join date: 17 Jan 2008

Posts: 81

07-01-2008 13:58

Would love to contribute and get some lindens, but thanks to my non working paypal account and the fact that my new credit card i put on file is still "update pending" after 2 days, I guess I can't........

Uvas Umarov

Phone Weasel Advocate

Join date: 8 Feb 2007

Posts: 622

07-02-2008 02:18

Yea, beginning of every month sees heavy volume.

112 million yesterday, I think that is a new record.

_____________________

"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

Will today set a record for the Lindex?
Uvas Umarov Phone Weasel Advocate Join date: 8 Feb 2007 Posts: 622	07-01-2008 12:31 Half way through the day and we are already at 60 million lindens traded. i think the old record was just over 100 million. _____________________ "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
Desmond Shang Guvnah of Caledon Join date: 14 Mar 2005 Posts: 5,250	07-01-2008 13:12 Possibly. What I think is happening is people are paying their monthly rental tier today (1 July) to many of the various land barons on the grid. Who are subsequently selling $L just as fast as tenants are buying it to pay rent. I'm not really a big part of that because I'm anachronistically 'week to week' but many estate owners do a month-to-month schedule. As such it seems the trading has established a nice signature on the LindeX volume. Another possibility: anyone keeping an eye on Supply Linden? I forgot if there are monthly trade limits - I'd guess this would be a smaller factor, but if there was ever a time to toss a fishing line into the money supply the monthly changeover would be it. _____________________ Steampunk Victorian, Well-Mannered Caledon!
Cristalle Karami Lady of the House Join date: 4 Dec 2006 Posts: 6,222	07-01-2008 13:25 Supply Linden must be in effect. I have a sell order in at 263L since April that hasn't budged, thanks primarily to Supply Linden. _____________________ Affordable & beautiful apartments & homes starting at 150L/wk! Waterfront homes, 575L/wk & 300 prims! House of Cristalle low prim prefabs: secondlife://Cristalle/111/60 http://cristalleproperties.info http://careeningcristalle.blogspot.com - Careening, A SL Sailing Blog
World Undercroft Rez Rez Rez Join date: 17 Jan 2008 Posts: 81	07-01-2008 13:58 Would love to contribute and get some lindens, but thanks to my non working paypal account and the fact that my new credit card i put on file is still "update pending" after 2 days, I guess I can't........
Uvas Umarov Phone Weasel Advocate Join date: 8 Feb 2007 Posts: 622	07-02-2008 02:18 Yea, beginning of every month sees heavy volume. 112 million yesterday, I think that is a new record. _____________________ "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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Will today set a record for the Lindex?