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Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
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05-30-2006 14:13
From: Mad Wombat People are actually saving their stipends for 18 weeks just to buy a 3 dollar avatar? o_O Saving it to buy a 900 linden avatar. Not everyone judges prices based on the exchange rate.
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Good freebies here and here I must protest. I am not a merry man! - Warf, ST: TNG, episode: Qpid You killed my father. Prepare to die. - Inigo Montoya, The Princess Bride You killed My father. Your a-- is mine! - Hellboy
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Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
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05-30-2006 15:32
From: Lewis Nerd What I don't understand about the "end stipends" argument is that everyone will lose out - including those shouting for it, both through reduced income from guests and reduced money for them to cash out.
The only possible way I can reason someone voluntarily taking a cut in income for themselves is because by doing so, it will give them an advantage in whatever way they are planning to try and take over the market to maximise their profit and screw everyone else.
Lewis Ok, Lewis you busted me so I'll confess. First I need to get all stipends stopped, then I need to get my Currency Trader tier upgraded to level 10. Now that will take a couple of months but by then the USA stock market summer rally will be in full swing and I can remove $100,000 from one of my accounts. I wait for the right time on a Saturday night and start buying L$ at the Market. On that Saturday night I make my maximum $40,000 per day buy. That will drive the exchange rate down to about L$303/1. As soon as Sunday starts I'll buy another $40,000 worth of L$ and the exchange rate will be below L$280/1 and dropping. You are free (it is a free market) to sell all the L$ you want at any exchange rate you choose but I would hope you keep it above L$330/1 so I can maximise my profits. Also you must stay awake that night because by 3 AM the market will be selling below L$280/1 and you don't want to be caught selling for the rate, what will your competetors who all sold above L$300/1 think of you. Once the market stabilizes wherever that may be I'll spent the next 6 months selling all those L$ back at the new rate. |