Tomorrow is Welfare Tuesday. If you have any L$s in your account right now, it is best to sell them NOW because the L$ is going to drop hardcore tomorrow (historically) because LL is going to print up L$60,000,000 of new cash and throw it in the economy.
You can buy them back on Wednesday at a much lower cost.
This has been a public service announcement.
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Public Service Message: Sell Your L$s BEFORE Welfare Tuesday |
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Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
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06-12-2006 11:09
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Tiger Zobel
hoarder
Join date: 13 Jan 2006
Posts: 391
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06-12-2006 11:19
Tomorrow is Welfare Tuesday. If you have any L$s in your account right now, it is best to sell them NOW because the L$ is going to drop hardcore tomorrow (historically) because LL is going to print up L$60,000,000 of new cash and throw it in the economy. You can buy them back on Wednesday at a much lower cost. This has been a panic the residents into selling L$ announcement. Fixed it for you.... |
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Joannah Cramer
Registered User
Join date: 12 Apr 2006
Posts: 1,539
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06-12-2006 11:20
If you have any L$s in your account right now, it is best to sell them NOW because the L$ is going to drop hardcore tomorrow (historically) because LL is going to print up L$60,000,000 of new cash and throw it in the economy. 13.5 mil or less, not 60. if you're going to do 'public service announcements' at least get the facts straight... |
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Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
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06-12-2006 11:20
Yes, the $13m figure is correct. My mistake.
But mark my words, the value of the L$ will go down tomorrow. |
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Lee Dimsum
Registered User
Join date: 22 Feb 2006
Posts: 118
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06-12-2006 11:25
Yes, the $13m figure is correct. My mistake. But mark my words, the value of the L$ will go down tomorrow. Too bad you commit too much mistakes..  |
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Tiger Zobel
hoarder
Join date: 13 Jan 2006
Posts: 391
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06-12-2006 11:27
Yes, the $13m figure is correct. My mistake. But mark my words, the value of the L$ will go down tomorrow. And straight back up again Wednesday... |
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Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
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06-12-2006 11:36
And straight back up again Wednesday... Time will tell, my furry friend. Thats what everyone said at L$270 / $1 USD, too. Only I was right. |
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Lewis Nerd
Nerd by name and nature!
Join date: 9 Oct 2005
Posts: 3,431
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06-12-2006 11:38
Public service message: Ignore the troll.
The economy is doing fine for the vast majority of the Second Life population. The only people who may be losing out right now are the few who make a real living off of the computer game that we enjoy. We play for the good of the many. They only have their own interests in mind. You know it makes sense. Lewis _____________________
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Pocket Protector Projects - Rosieri 90,234,84 - building and landscaping services |
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Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
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06-12-2006 11:57
Tomorrow is Welfare Tuesday. If you have any L$s in your account right now, it is best to sell them NOW because the L$ is going to drop hardcore tomorrow (historically) because LL is going to print up L$60,000,000 of new cash and throw it in the economy. You can buy them back on Wednesday at a much lower cost. This has been a public service announcement. Doing JUST that. Sell $L for $328 today, then put a buy order for all the money at $350 tomorrow, expect it to BOUNCE right into the $350 range to buy a crapload more $L, and wait for the already increased amount of $L to raise even more inv alue as the $L goes back to $328 to $330 on Wednesday. Yup, money is a lot more fun if you know economics and markets. _____________________
--- I feed trolls for fun and profit.
http://www.xnicole.com |
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Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
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06-12-2006 12:00
Doing JUST that. Sell $L for $328 today, then put a buy order for all the money at $350 tomorrow, expect it to BOUNCE right into the $350 range to buy a crapload more $L, and wait for the already increased amount of $L to raise even more inv alue as the $L goes back to $328 to $330 on Wednesday. Yup, money is a lot more fun if you know economics and markets. You get it. |
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Joannah Cramer
Registered User
Join date: 12 Apr 2006
Posts: 1,539
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06-12-2006 12:22
Doing JUST that. Sell $L for $328 today, then put a buy order for all the money at $350 tomorrow (..) Nah, just the stipend inflow itself might not be enough to drop the exchange rate down enough for enough profit anymore. You need to whip people up in the selling panic at least a day earlier, to scare these who will be selling tomorrow into dropping their prices further down that they'd normally do: THE WELFARE TUESDAY IS COMING!! YOU MAY LOSE YOUR MONEY WORTH IF YOU DON"T ACT!! SELL SELL SELL!!! ... see, there you go. probably good to name it 'public announcement' so it doesn't look so obvi- oh, wait. |
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Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
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06-12-2006 12:44
Nah, just the stipend inflow itself might not be enough to drop the exchange rate down enough for enough profit anymore. You need to whip people up in the selling panic at least a day earlier, to scare these who will be selling tomorrow into dropping their prices further down that they'd normally do. I still think it's amusing that some people believe that the few people who post to and read the Land and Economy forums actually affect what happens on Lindex. I mean, come on, we got about 2,500 transactions daily, and about 20 TOPS people posting to this forum. How many of those 2,500 or so actually go on this forum, actually read the threads, actually understand what's going on, OR are too stupid to understand how markets work, and actually listen to the "SELL SELL SELL" scares? Besides, if it's people who have little $L, their tin $10k to $20k won't have any affect on the $10,000k market. Those who do sell upwards of $100k are smart enough to know that the SELL SELL SELL crowds are idiots I'm sure. _____________________
--- I feed trolls for fun and profit.
http://www.xnicole.com |
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Musuko Massiel
Registered User
Join date: 4 Nov 2005
Posts: 435
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06-12-2006 12:44
"Too bad you commit too much mistakes.."
Mistakes eh? "Much" refers to amount. "Many" refers to number. You mean "too many mistakes". Musuko. |
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Adriana Caligari
Registered User
Join date: 21 Apr 2005
Posts: 458
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06-12-2006 13:00
I still think it's amusing that some people believe that the few people who post to and read the Land and Economy forums actually affect what happens on Lindex. I mean, come on, we got about 2,500 transactions daily, and about 20 TOPS people posting to this forum. How many of those 2,500 or so actually go on this forum, actually read the threads, actually understand what's going on, OR are too stupid to understand how markets work, and actually listen to the "SELL SELL SELL" scares? Besides, if it's people who have little $L, their tin $10k to $20k won't have any affect on the $10,000k market. Those who do sell upwards of $100k are smart enough to know that the SELL SELL SELL crowds are idiots I'm sure. I think you missed the point. This has nothing to do with affecting the market at all - it all has to do with Jamie boosting his already inflated ego and attempting to get one or two people who don't know him for what he is to actually listen to him. If one person listens to his carp then it makes his day and he feels a little more self important ( if that is possible ). _____________________
Maker of quality Gadgets
Caligari Designs Store |
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Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
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06-12-2006 13:04
I think you missed the point. This has nothing to do with affecting the market at all - it all has to do with Jamie boosting his already inflated ego and attempting to get one or two people who don't know him for what he is to actually listen to him. If one person listens to his carp then it makes his day and he feels a little more self important ( if that is possible ). Heh, good luck to Jamie for figuring out which one or two of the people who listened to her actually pannicked and sold their $1,000l for $2.60us  _____________________
--- I feed trolls for fun and profit.
http://www.xnicole.com |
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Hair Akebono
Registered User
Join date: 10 May 2004
Posts: 135
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06-12-2006 13:46
I still think it's amusing that some people believe that the few people who post to and read the Land and Economy forums actually affect what happens on Lindex. I mean, come on, we got about 2,500 transactions daily, and about 20 TOPS people posting to this forum. How many of those 2,500 or so actually go on this forum, actually read the threads, actually understand what's going on, OR are too stupid to understand how markets work, and actually listen to the "SELL SELL SELL" scares? Besides, if it's people who have little $L, their tin $10k to $20k won't have any affect on the $10,000k market. Those who do sell upwards of $100k are smart enough to know that the SELL SELL SELL crowds are idiots I'm sure. See the same thing on some Real Life stock market boards. Think the terms is ramping or deramping and people who do it are rampers or derampers. |
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Nolan Nash
Frischer Frosch
Join date: 15 May 2003
Posts: 7,141
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06-12-2006 13:59
 _____________________
“Time's fun when you're having flies.” ~Kermit
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Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
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06-12-2006 14:05
Heh, good luck to Jamie for figuring out which one or two of the people who listened to her actually pannicked and sold their $1,000l for $2.60us You got it. The rest of these Osteriches are going down with the Titanic. I'm off in my lifeboat. See ya Suckahs!!! bwahahahahaha!!! Follow me and Profit!!! |
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Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
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06-12-2006 16:11
Tomorrow is Welfare Tuesday. If you have any L$s in your account right now, it is best to sell them NOW because the L$ is going to drop hardcore tomorrow (historically) because LL is going to print up L$60,000,000 of new cash and throw it in the economy. You can buy them back on Wednesday at a much lower cost. This has been a public service announcement. There is no welfare tuesday. Premiums PAY for their stipend. Ignore the foolish freebie reseller. |
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Mad Wombat
Six Stringz Owner
Join date: 21 Jan 2006
Posts: 373
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06-12-2006 16:45
Easy, Jamie. The market is volatile enough for us day traders to make some profit. No need to make some newbies nervous. The market average is pretty stable right now and it should stay that way.
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crucial Armitage
Clothing Designer
Join date: 30 Aug 2004
Posts: 838
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06-12-2006 16:55
HEY Jamie
how many of these buy orders are yours the way you like to try an panic new or inexperienced people in to selling NOW i would bet that a good deal of these are your buy orders. L$346 / US$1.00 1 L$69,270 L$347 / US$1.00 3 L$91,080 L$348 / US$1.00 2 L$254,338 L$349 / US$1.00 4 L$176,605 L$350 / US$1.00 6 L$559,237 L$352 / US$1.00 1 L$100,000 L$356 / US$1.00 1 L$61,992 L$357 / US$1.00 1 L$12,495 L$359 / US$1.00 3 L$108,436 L$360 / US$1.00 4 L$156,000 L$363 / US$1.00 1 L$33,333 L$365 / US$1.00 2 L$103,000 _____________________
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Mad Wombat
Six Stringz Owner
Join date: 21 Jan 2006
Posts: 373
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06-12-2006 16:58
HEY Jamie how many of these buy orders are yours the way you like to try an panic new or inexperienced people in to selling NOW i would bet that a good deal of these are your buy orders. L$346 / US$1.00 1 L$69,270 L$347 / US$1.00 3 L$91,080 L$348 / US$1.00 2 L$254,338 L$349 / US$1.00 4 L$176,605 L$350 / US$1.00 6 L$559,237 L$352 / US$1.00 1 L$100,000 L$356 / US$1.00 1 L$61,992 L$357 / US$1.00 1 L$12,495 L$359 / US$1.00 3 L$108,436 L$360 / US$1.00 4 L$156,000 L$363 / US$1.00 1 L$33,333 L$365 / US$1.00 2 L$103,000 I have 64000L at 347. _____________________
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crucial Armitage
Clothing Designer
Join date: 30 Aug 2004
Posts: 838
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06-12-2006 17:03
why should they sell NOW if they don't need the money now. sure the Linden will drop slightly tomorrow but first it will probably only hit 336 or 337 for sell orders and the 350 range for buy orders. And on wed will drop back down to the 230 -225 range. so please stop trying to scare people in to selling.
The main reason for the drop on Tuesdays as i have noticed since I started buying L$. on Tuesday there are many that just log in to sell there 500 L$. I have seen many 500 L$ transactions as i watched as the system buy lindens for me on Tuesdays. _____________________
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crucial Armitage
Clothing Designer
Join date: 30 Aug 2004
Posts: 838
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06-12-2006 17:04
I have 64000L at 347. yea thats mine at 346 _____________________
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Mad Wombat
Six Stringz Owner
Join date: 21 Jan 2006
Posts: 373
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06-12-2006 17:07
Grrrrr, you overcut me.
But no problem. It should be back at 347 in a couple of hours._____________________
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