thnaks for nothin
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crucial Armitage
Clothing Designer
Join date: 30 Aug 2004
Posts: 838
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05-09-2006 19:13
it appears right after Robins Little announcement about LL buying L$ the exchange rate of the linden has started to plummet just how far will it go. or how far will they let it go.
getting very discouraged with LL lately.
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Jason Foo
Old Timer
Join date: 6 Feb 2004
Posts: 105
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05-09-2006 19:23
Its all part of the master plan.
"So what we gana do tonight Robin?" "the same thing we do every night pinky. Try and take over the world!"
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If my doctor told me I had only six minutes to live, I wouldn't brood. I'd type a little faster.
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KatanaBlade Anubis
House of Blade
Join date: 20 Jun 2004
Posts: 369
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05-09-2006 20:35
From: crucial Armitage it appears right after Robins Little announcement about LL buying L$ the exchange rate of the linden has started to plummet just how far will it go. or how far will they let it go.
getting very discouraged with LL lately. The worst part is they did it righ around the time RL rent is due. We all know for many content creators this is their real job. I got hit twice, RL rent and Sim rent. 1 day apart. |
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
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05-09-2006 21:37
From: crucial Armitage it appears right after Robins Little announcement about LL buying L$ the exchange rate of the linden has started to plummet just how far will it go. or how far will they let it go.
getting very discouraged with LL lately. That is life... The Government issues a new policy for the country and The Markets react accordingly.. Bad news equals selloffs and good news equals buying. If LL came out and said, "We will end stipends on June 1st", you can bet your bottom dollar, the L$ would see a buying wave as The Market tried to gobble up a commodity that will soon be capped at L$650/million. |
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Cocoanut Cookie
Registered User
Join date: 26 Jan 2006
Posts: 1,741
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05-09-2006 23:08
Question:What do you mean, will soon be capped at $650L million? Where did you read that? C C
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Kazanture Aleixandre
Here I am.
Join date: 5 Oct 2005
Posts: 524
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05-09-2006 23:12
2 days ago there was 16 million L$ at lindex over 250/USD.
Not it is over 20 million L$ over 290/USD.
But wait, arent we famous as human being for destroying own world? I think Robin is one of the bests.
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crucial Armitage
Clothing Designer
Join date: 30 Aug 2004
Posts: 838
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05-10-2006 05:40
From: Cocoanut Cookie Question:What do you mean, will soon be capped at $650L million? Where did you read that? CC I think that he meant that if they ended stipends the total amount of lindens in circulation would be caped at 650 mill although if they did end stipends there would have to be another way for lindens to be introduced in the the economy. so there would not be a cap |
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Web Page
slow but steady
Join date: 4 Dec 2004
Posts: 129
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05-10-2006 10:29
I basically sold off all my L over the past few months and plan to sell as I go for the forseeable future. The market won't get better and I have no real reason to stockpile L considering I rarely use large amounts and it's easy enough to buy (if I wait long enough I'll make back the 3.5% service expense).
Keep in mind that you can make interest of real money in a real bank (although inflation still plays in). It's a no-brainer.
I'm also strongly considering a price increase on my products. Lord knows the economy is strong enough to bear it.
That's what "real" businesses do. They don't sit around with huge piles of cash in the bank and they raise prices to match inflation and as the market will bear.
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nimrod Yaffle
Cavemen are people too...
Join date: 15 Nov 2004
Posts: 3,146
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05-10-2006 11:16
From: Web Page I basically sold off all my L over the past few months and plan to sell as I go for the forseeable future. The market won't get better and I have no real reason to stockpile L considering I rarely use large amounts and it's easy enough to buy (if I wait long enough I'll make back the 3.5% service expense).
Keep in mind that you can make interest of real money in a real bank (although inflation still plays in). It's a no-brainer.
I'm also strongly considering a price increase on my products. Lord knows the economy is strong enough to bear it.
That's what "real" businesses do. They don't sit around with huge piles of cash in the bank and they raise prices to match inflation and as the market will bear. Web, it says you're a forum guest now. You should really consider signing up. 
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"People can cry much easier than they can change."
-James Baldwin
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Web Page
slow but steady
Join date: 4 Dec 2004
Posts: 129
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05-10-2006 11:19
I suck at this stuff. I can barely figure out those funny text boxes that say compile at the bottom.
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