LindeX Volume

For all the fuss about the LindeX rate that occurs daily here, the volume is climbing, climbing, climbing, and about to hit $L 10M daily.

This is an incredibly good thing, indicating a lot of strength and confidence.


Any predictions as to what the volume might be, say, 2006 winter holiday season?

I'm guessing: around $L 20M a day by early December. Just a wild guess, but that's my sense of it.



Of course, some of this volume increase is due to the $L decline, but not all of it.

Would be interesting to hear any former GOM member speculation.

Its incredible how high the volume is getting!!!! Wonder who is getting all the money... content creators, land barons or both?

Rising Volume and a Rising Valuation are "Good".
Rising Volume and Declining Valuations are "Bad".

It means that more L$ is being sold and pushing
the price lower...

I get the impression that certain people are throwing their own US$ toward the L$ to try to stabilize it. While that could work in theory, in the end, they will just end up with a giant stockpile of L$ that are steadily declining in value as the competition to sell quickly continues unabated.

Remember back in the summer of 2004 when IGE continued to buy L$ for $5/L$1k (L$200/US$) when the slide down from those heady levels had already begun? I think we're seeing something similar here.

The average daily trading volume on the LindeX is around 7 Million L$ currently. The very high peaks are more or less a result of the - on some days - rapid decline of the L$ (they always happen when the L$ is losing dramatically).

For the past few months the growth rates at the LindeX were higher than with the other economic indicators; showing a growing acceptance and popularity of the exchange within a growing group of residents. These days the growth rates at the LindeX are more or less in-synch with the overall growth of Second Life - which is at some 10% to 15% per month depending on what indicators your focus.

If this is sustainable growth - some might question this assumption - the average volume at the LindeX will be 18 or 19 Million L$. Peaks should be well above 20 Million - at todays valuation. If the decline of the L$ continues we might actually witness higher volumes.