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GOM Price Crash

Christof Reitveld
Registered User
Join date: 27 Mar 2005
Posts: 51
05-05-2005 10:20
Is this all because of private land deeding?
Merwan Marker
Booring...
Join date: 28 Jan 2004
Posts: 4,706
05-05-2005 10:21
What's your thoughts Chris?
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Don't Worry, Be Happy - Meher Baba
Prokofy Neva
Virtualtor
Join date: 28 Sep 2004
Posts: 3,698
No Crash in Snowcrash
05-05-2005 10:25
Um, where's the crash?

I see it at $4.05, maybe to $4.02.

$4.00/1000 is often discussed as the "average" number, and the number at which Tsar Philip wants to keep it.

The aberration was maybe when it went up to $4.25 when a number of things came together to make people need or want more Lindens --

-- New Continent land and its real estate bubble
-- More Linden sales on the auction rather than dollar
-- Mess-up of events listing so that some people were forced to spend more money and take losses on events
-- More expensive old mainland continent prime mature waterfront due to New Continent and...
--Appearance on the market of Ansheland and Nexusland.
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Rent stalls and walls for $25-$50/week 25-50 prims from Ravenglass Rentals, the mall alternative.
Cristiano Midnight
Evil Snapshot Baron
Join date: 17 May 2003
Posts: 8,616
05-05-2005 10:32
God enough with the threads trying to manipulate the market and scare people using alts. There is no crash, move along.
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Cristiano


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Merwan Marker
Booring...
Join date: 28 Jan 2004
Posts: 4,706
05-05-2005 10:33
From: Cristiano Midnight
God enough with the threads trying to manipulate the market and scare people using alts. There is no crash, move along.

Ok - I'm out'a here.

I like your dancin' pic Cristiano...

:cool:
_____________________
Don't Worry, Be Happy - Meher Baba
Christof Reitveld
Registered User
Join date: 27 Mar 2005
Posts: 51
05-05-2005 10:34
Just wondering
Maxx Monde
Registered User
Join date: 14 Nov 2003
Posts: 1,848
05-05-2005 11:20
From: Christof Reitveld
Just wondering


An outlier does not a 'crash' make. Look at the longer trend, or better yet, plot a regression trendline through the tick chart dots. You'll see that despite the occasional 'bizarro' outlier, it really is pretty stable, gently trending up or down.

The key here is to look at the 'tick' chart, not the line graph.

Hope that helps.