we need to do something..

How about proposing something worthwhile instead of whining reserve?

The p2p teleport is now a lynchpin of SL..to change it now would cause as much of a fuss as the telehub incident.

The events was already discussed on the event discussion board.

No go get over yourself, your bullshit level is high today.

Jonas:

You have been sleeping. I've made plenty of proposals. But the
incompetent people that you represent are just physically unable
to understand the Economics of how a constant inflow of new Linden
Dollars is leading to a continued decline in the L$.

You would figure, that after debating this issue for months and watching
the FALLING L$ VALUE ON LINDENX would have sparked a brain cell
in your head to put 2 + 2 together. That new L$ inflow and declining
valuations are linked.

But these topics are beyond you. Its like Einstein trying to explain
relativity to a janitor at LL Headquarters. Yes Janitor Jonas, when you
travel at the speed of light, time stops, because nothing can go faster
than light.

Oo Oo... I have a very off-topic Question for you Mr. Einstein ReserveBank Division:

So... What happens if an astronaut brings his ship to a complete stop?

(ie: cancelling out the speed of the earth's orbit around the sun, the sun's orbit around the galaxy and the galaxy's speed away from the alleged point where the big bang took place?)


I was actually joking about the pay to teleport.
I just kinda liked the sound of a 'p2p2p' system. (pay to 'port to point)

--
if ( topic == "red herring" ) llOwnerSay( llSqrt(-1) );

Jonas and Jopsy, I was just sitting here, eating my muffin, drinking my coffee, when I had what alcoholics refer to as a moment of clarity.

There's a passage I got memorized. Ezekiel 25:17. "The path of the righteous man is beset on all sides by the iniquities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness. For he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers. And you will know my name is The Lord when I'll lay my vengeance upon thee."

Now I'm thinkin': it could mean you're the evil man. And I'm the righteous man. And Mr. LindeX here, it is the shepherd protecting my righteous ass in the valley of darkness. Or it could be you're the righteous man and I'm the shepherd and it's the world that's evil and selfish. I'd like that. But that ain't the truth.

The truth is you're the weak. And I'm the tyranny of evil Capitalist. But I'm tryin', Jonas and Jopsy. I'm tryin' real hard to be a shepherd. So Shussh!!

Now here we go again. Someone is selling Lindens at 300L. The rate under that is 290L and there are only a couple thousand Lindens in that bracket. Why would someone sell at 300L (300,000 Lindens total)? They are not saving any time. It's not any quicker. The 300,000 would sell just as fast at 290L. 300,000 at 300L is $965.00. 300,000 at 290L is 998.27. That's a complete waste of $33.27. Get out faster, no. It will sell just as fast at 290L than at 300L. I just can't believe that someone doesn't care at all about how much they are losing out on.

Once again, getting out faster or whatever NO. If you are in that much of a hurray sell at 291L and keep another 30 dollars.

I really wish LL would get ride of the 3.5% fee then I would buy those and sell them at 290L instead.

Reserve: You proposed a prim tax. Already done before, and stopped before. It was a dismal failure. From one so sorely and visibly lacking common sense and a real definiton of 'paid for' your term 'Janitor Jonas' is a COMPLIMENT cause its surely far above whatever meager position you hold.

Get over yourself.

Quit the necroequinnoflaggetation.

Get back to your trailer.

Stay off your sister.

there's 6 ppl at the 300L/$1 rate O.o

Hmmm, someone with large sums of money who has a vested interest in seeing the Linden go well past 300 maybe? Doesn't take much deductive reasoning to figure out who it might be....

Someone must deal with a lot of cash to be able to lose 178 dollars if all those in the 300L instead of 290L. Or what will happen is no one will be willing to wait and sell at 301L instead creating another road block no one wants to wait for.

There must be a wealthy person out there that is having fun with you people in this thread.

"I'll sell some at L$300 and watch them squeal!!. <evil laugh>"

-

I just wish that I was so rich that I could play too.

Well now you can.. and you dont need to be rich!

This mornings rates - check out those big gaps and prices with less than 3000L$ on them. If anything it proves that most sellers dont read these forums

Im not panicking, but then I can still comfortably cover my tier and Im not a self-proclaimed economic genius who wants to solve SL's problems by making it less fun for everyone

Exchange Rate Sellers at this Rate Total Remaining Quantity
L$300 / US$1.00 9 L$2,625,776
L$293 / US$1.00 1 L$900
L$292 / US$1.00 1 L$900
L$291 / US$1.00 1 L$1,000
L$290 / US$1.00 1 L$2,900
L$289 / US$1.00 1 L$1,000
L$288 / US$1.00 2 L$100,483

Get it straight, RBD: I'm not here to say please, I'm here to tell you what to do. And if self-preservation is an instinct that you possess, you'd better do it and do it quick. If my help's not appreciated, lots of luck, mister.

If I'm curt with you, it's because time is a factor here. I think fast, I talk fast, and I need you to act fast if you want to get out of this. So, pretty please, with sugar on top, answer the flipping question.

--
Zed's Dead baby. Zed's dead.

Ummm wtf? The small stuff, yeah whatever, but what made that many sellers suddenly leap to L$300? (Hmm the small stuff... cheap way to move it down...)

Some people just like round numbers

round number can be good..or bad. I personally believe the lindex echange rate issue is due to people selling worse and worse to make a quick sell.

I don't But I do say a lot of nonsense I might appear to believe in.

LOL!

Everyones entitled to their view, as long as the facts don't contridict you.

Even then, they're entitled to delude themselves.

If everyone here honestly believes that L$300/USD$1 is a ridiculous price and that someone is trying to game the market, then put your money where your mouth is!

Buy up the cheap L$300/USD$1 with your cold, hard RL USD$ and make some real USD$ in the process. If you are right, the person gaming the market will run out of money, and you'll make some real dough selling that money you bought for L$280/USD$1 a short while from now.

For an investment of USD$1000, you could net a profit of USD$32.63 (amount correct after accounting for fees) by buying high at L$300 and selling low at L$280! That's a 3.3% gain in just a few days!

Very, -very- true.

Unfortunately the 3.4% cut LindeX applies is > to the 3.3% benefit. Net gain = -0.1%

Oh, err, anybody got 100000$ I could borrow ? I wanna buy up most of the L$ that are for sale and bring the rate to 200 L$ / US$

My calculations include the 3.4% LindeX cut!

Oh, great, somebody lend me 9K $ ! Quick !

I thought it was a 3.5% fee, no?

Normally I sell by putting in a slightly more selfish sell price and waiting. But out of curiosity I put 10k through and selected the default rate offered by the lindex page... it sold half an hour later.

Perhaps whoever is selling at L$300 thinks they're getting more money by raising the number up to 300? I've seen some pretty obtuse thinking evidenced in SecondLife. I wouldn't rule out the dilbert principle here.

--
Don't attribute to maliciousness what could well be mere stupidity.

lol u 4get where u r, this r teh intarweb! heh noob