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L$ Going Down Hard Again
Fade Languish
I just build stuff...
Join date: 20 Oct 2005
Posts: 1,760
02-27-2006 08:43
From: Jamie Bergman
Nah, I was enjoying the upswing when it was going up. Everybody is happy when they are making money, but you gotta go on the lookout when you begin losing it.

Ya dig?


mmm... I'm not sure I do 'dig'. How does starting a thread every time the Lindex drops help? And why not report the good with the bad?
As for reasons why it's falling... I'm starting to think seller behaviour has a lot to do with it...
If it's selling at 277... you only need to drop to 278 to sell quick... but then someone drops to 280... even though (today) there was a fairly small amount being offered at 278... if they had sold at 278, at that point, they wouldnt have had to wait long... and if they HAD to sell it there and then, 279 would have done the trick...
Can people not wait half a day for their $L to sell? Or do some people wait till five minutes before their tier is due?
Sable Sunset
Prim Herder
Join date: 15 Apr 2005
Posts: 223
02-27-2006 08:43
From: Jamie Bergman
L$ Going Down Hard Again


That L$ is such a slut... lol
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
02-27-2006 09:44
The more the L$ goes down, the more my remarks will be
validated. Without Linden Dollar denominated Investments in
SL, there is no demand for the Linden Dollar. As a result,
more Linden Dollars are being Sold for USDs, than USDs
buying up Linden Dollars.
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