So I lost USD last night cashing in, but I am still smiling.
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Pia Farina
Registered User
Join date: 10 Oct 2005
Posts: 23
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06-04-2006 14:53
Ok, I lost a few dollars last night cashing in @ 331, and I understand it always goes down some on the weekends (except the last 2 weekends, due to bad timing of announcements).
But this is the type of economy that will help me "save" my lindens rather than cashing out as soon as I can. I don't mind holding them if I know they won't lose value in 12 hours.
I am not happy at 330 being the balance, but its better than 430, and with it balancing out it's a bit easier to hold on to lindens and spend on things in game. Rather than cash out and worry about being able to pay my tier.
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mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
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06-04-2006 15:01
From: Pia Farina Ok, I lost a few dollars last night cashing in @ 331, and I understand it always goes down some on the weekends (except the last 2 weekends, due to bad timing of announcements).
But this is the type of economy that will help me "save" my lindens rather than cashing out as soon as I can. I don't mind holding them if I know they won't lose value in 12 hours.
I am not happy at 330 being the balance, but its better than 430, and with it balancing out it's a bit easier to hold on to lindens and spend on things in game. Rather than cash out and worry about being able to pay my tier. Just wait it may be 320 by the end of the night, I'm crossing my fingers. |
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Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
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06-04-2006 17:08
From: mcgeeb Gupte Just wait it may be 320 by the end of the night, I'm crossing my fingers. Mine is at L$317/1. |
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mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
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06-04-2006 18:46
Yikes, 322. If I sold at 331 I wouldn't be smiling.
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Mad Wombat
Six Stringz Owner
Join date: 21 Jan 2006
Posts: 373
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06-04-2006 19:12
321! 250, here we come!  Any sane explanation why the L$ is suddenly strenghtening again? |
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Xerius Andalso
Registered User
Join date: 7 Feb 2006
Posts: 170
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06-04-2006 19:42
From: Mad Wombat 321! 250, here we come! Any sane explanation why the L$ is suddenly strenghtening again? The volume of open sell orders has been constantly decreasing from a peak of L$ 32.5 millions on May 24th to L$ 18.6 millions today at 6:38 pm. The strengthening was overdue and that it didn't start before, i would attribute to: Lag. Time to start overcutting? |
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Keiki Lemieux
I make HUDDLES
Join date: 8 Jul 2005
Posts: 1,490
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06-04-2006 20:05
ZOMG!  Buy! Buy! Buy! *runs around apt throwing pie tins in the air* Merchants lower your prices!
_____________________
imakehuddles.com/wordpress/
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Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
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06-04-2006 20:17
From: Xerius Andalso The volume of open sell orders has been constantly decreasing from a peak of L$ 32.5 millions on May 24th to L$ 18.6 millions today at 6:38 pm. The strengthening was overdue and that it didn't start before, i would attribute to:
Lag.
Time to start overcutting? Um, no? This happened because after all the times Jamie Bergman was posting those SELL SELL SELL scare tactic things, I took the initiative to post a BUY BUY BUY scare tactic, and since we ALL know that almost everyone in SL reads these forums, my scare/suggestion was listened to. Duh!  |
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Michelle Margetts
Registered User
Join date: 1 Feb 2006
Posts: 13
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06-04-2006 20:30
From: Rasah Tigereye Um, no? This happened because after all the times Jamie Bergman was posting those SELL SELL SELL scare tactic things, I took the initiative to post a BUY BUY BUY scare tactic, and since we ALL know that almost everyone in SL reads these forums, my scare/suggestion was listened to. Duh! LOL!!!!! Well ok in that case, good work then!!! |
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Dmitri Polonsky
Registered User
Join date: 26 Aug 2005
Posts: 562
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06-04-2006 20:49
From: Keiki Lemieux ZOMG! Buy! Buy! Buy! *runs around apt throwing pie tins in the air* Merchants lower your prices! Why lower them? I never did panic and rasie them in the first place. Saved me effort and besides, I never was an RBD Litle fan. (RBD/Cheyenne/Jamie run screaming.."The L is falling, the L is falling"  |
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Dmitri Polonsky
Registered User
Join date: 26 Aug 2005
Posts: 562
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06-04-2006 20:49
From: Keiki Lemieux ZOMG! Buy! Buy! Buy! *runs around apt throwing pie tins in the air* Merchants lower your prices! ...of course it's a moot point anyway since killing basic stipend killed in world sales of items anyway. |
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mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
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06-04-2006 20:53
From: Dmitri Polonsky ...of course it's a moot point anyway since killing basic stipend killed in world sales of items anyway. Did it? I didn't notice. |
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Keiki Lemieux
I make HUDDLES
Join date: 8 Jul 2005
Posts: 1,490
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06-04-2006 21:22
From: Dmitri Polonsky ...of course it's a moot point anyway since killing basic stipend killed in world sales of items anyway. Wow! I'd love to see your statistics of that. Got a secret database of all sales for all merchants? That rocks!
_____________________
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Musuko Massiel
Registered User
Join date: 4 Nov 2005
Posts: 435
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06-05-2006 00:29
"...of course it's a moot point anyway since killing basic stipend killed in world sales of items anyway."
I'll repeat:
STIPENDS HAVE ONLY BEEN KILLED FOR NEW PLAYERS. THERE ARE STILL EXACTLY THE SAME NUMBER OF PEOPLE GETTING BASIC STIPENDS ARE THERE WERE BEFORE THE CHANGE.
So the revenue you gain from stipends should be exactly the same. If it is not, the change is being caused by something else.
Musuko.
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Compulsion Overdrive
lazy ass
Join date: 10 Jul 2005
Posts: 83
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06-05-2006 01:54
From: Dmitri Polonsky ...of course it's a moot point anyway since killing basic stipend killed in world sales of items anyway. yeah those people that save for 6 weeks to buy a pair of shoes realy made a huge difference. |
