kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
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05-25-2006 15:23
Actually, we can sell L$ using the limit sell order, because people are using the "quick market buy". And we can buy L$ using the limit buy ordrer, because people are using the "quick market sell".
If everybody start to use the limit buy, we won't be able to sell a single L$. If everybody start to use the limit sell, we won't be able to buy a single L$.
Until the Buy order and sell order value "meet" eachother. (and no day trader anymore, because of the huge fee)
Because the quantity of money ingame is growing, there isn't a lack of L$ and buy order have more power on the L$ value than the sell order.
Because ppl want to buy L$ cheaper and cheaper and cheaper, the value will faaallll faaaaaaalllll faaaaaaaaaaaallllllllllllllllllll
I'm not an economist but.... there is something wrong is the new LindeX, isn't it ?
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mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
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05-25-2006 15:43
From: kerunix Flan Actually, we can sell L$ using the limit sell order, because people are using the "quick market buy". And we can buy L$ using the limit buy ordrer, because people are using the "quick market sell".
If everybody start to use the limit buy, we won't be able to sell a single L$. If everybody start to use the limit sell, we won't be able to buy a single L$.
Until the Buy order and sell order value "meet" eachother. (and no day trader anymore, because of the huge fee)
Because the quantity of money ingame is growing, there isn't a lack of L$ and buy order have more power on the L$ value than the sell order.
Because ppl want to buy L$ cheaper and cheaper and cheaper, the value will faaallll faaaaaaalllll faaaaaaaaaaaallllllllllllllllllll
I'm not an economist but.... there is something wrong is the new LindeX, isn't it ? Why can't Linden labs just get rid of the fees?
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kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
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05-25-2006 15:44
From: mcgeeb Gupte Why can't Linden labs just get rid of the fees? Because they want money and because it won't solve any problem.
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Pix Paz
Away with the Pixies
Join date: 17 Oct 2005
Posts: 129
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05-25-2006 15:59
Yes the two parts do not seem to be joined so theoretically it looks like limit sells could cross market sell and so long as someone doesnt market buy it would just stay there.
Is this correct? By the graphs that seemed to happen a couple of hours ago.
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Musicteacher Rampal
Registered User
Join date: 20 Feb 2004
Posts: 824
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05-25-2006 15:59
From: someone Because the quantity of money ingame is growing, there isn't a lack of L$ and buy order have more power on the L$ value than the sell order.
I still don't understand this statement. I still only get $L500 a week...how does the fact that more people are in game and getting $L500 a week affect anything? So there is more money in game, there are more people in game but they are all getting the same $L500 a month (at the most) It's the business people who are getting too many $L because they are making more sales. Help me understand how this is a problem?
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kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
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05-25-2006 16:08
From: musicteacher Rampal I still don't understand this statement. There is just more L$ for sale than ppl want to buy. Additionally the influx of 42 Million L$ per month (source - sink) don't help.
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