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L$ falling like a BRICK!! L$313 / $1 USD |
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Keiki Lemieux
I make HUDDLES
Join date: 8 Jul 2005
Posts: 1,490
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05-11-2006 22:05
That's a pretty thin panic stack... in other words, based on how much is available at different prices, I'm guessing it will be back at 305 by Saturday night.
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Jauani Wu
pancake rabbit
Join date: 7 Apr 2003
Posts: 3,835
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05-11-2006 22:29
i sold some L$ at 2000/USD yesterday to help it along. see you at the bottom!
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http://wu-had.blogspot.com/
read my blog Mecha Jauani Wu hero of justice __________________________________________________ "Oh Jauani, you're terrible." - khamon fate |
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Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
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05-11-2006 22:52
i sold some L$ at 2000/USD yesterday to help it along. see you at the bottom! Please IM me the next time you do that I would love to buy them. |
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Jauani Wu
pancake rabbit
Join date: 7 Apr 2003
Posts: 3,835
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05-11-2006 23:04
Please IM me the next time you do that I would love to buy them. that service will cost you. it costs 500L$/m to be on that mailing list. _____________________
http://wu-had.blogspot.com/
read my blog Mecha Jauani Wu hero of justice __________________________________________________ "Oh Jauani, you're terrible." - khamon fate |
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Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
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05-11-2006 23:20
that service will cost you. it costs 500L$/m to be on that mailing list. I could make that back in just one trade. How many times a month do you drop L$ at 2000/USD? |
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Keiki Lemieux
I make HUDDLES
Join date: 8 Jul 2005
Posts: 1,490
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05-11-2006 23:23
I could make that back in just one trade. How many times a month do you drop L$ at 2000/USD? Yeah, but I think there are about 100 people on the mailing list. _____________________
imakehuddles.com/wordpress/
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Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
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05-11-2006 23:26
Yeah, but I think there are about 100 people on the mailing list. I was kidding, are you telling me there really is such a list? |
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Ben Fassbinder
Registered User
Join date: 16 Jun 2005
Posts: 13
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05-11-2006 23:29
Eat my crust for it is my flesh! Jesus Christ: The first man ever to say, "Eat me." |
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Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
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05-12-2006 00:27
That's a pretty thin panic stack... in other words, based on how much is available at different prices, I'm guessing it will be back at 305 by Saturday night. One of the fundemental problems is the lack of buying in the last two days. The 6,692,582 Linden sold on Wednesday is easy to explain because of the closure of SL for 5 hours. The 6,840,463 Linden sold on Thursday is harder to explain except buyers may be waiting for an even better rate. The reduced buying has pushed the Linden to the present lows and if the increased buying seen on weekends includes any delayed buying then we could see 2 days of over 10 million sold and the Linden again trading at 305 to 1 as Keiki states above. |
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Kazanture Aleixandre
Here I am.
Join date: 5 Oct 2005
Posts: 524
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05-12-2006 00:35
Christ!!!!!!!!!!!!!!!!!!!!! No wait, it is 314... No no wait 315.. .... |
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mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
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05-12-2006 01:18
I will be laughing at everyone who is selling at 318 to 1 when this weekend it will be back down to 305 to 1.
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Kazanture Aleixandre
Here I am.
Join date: 5 Oct 2005
Posts: 524
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05-12-2006 01:28
I will be laughing at everyone who is selling at 318 to 1 when this weekend it will be back down to 305 to 1. Sorry, i am not so hopefull this time:/ Becaue LL still havent explained properly how they will sell L$. What if they put 20million L$ at 350 / usd and announce: "Hey guys it is my turn, just be patient for a few days"? I hate speculations , but this time, even speculations are better than realities. Because i have a business at a world(SL) for the first time which is owned buy a few guys, who dont care if 100s of businessmen losing 100s of USDs everyday. Who dont care what their residents think. I think we are used to live in democracies for long time. Now, no offense but we live in a dictatorship. And nobody can know what will happen tomorrow. |
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Mad Wombat
Six Stringz Owner
Join date: 21 Jan 2006
Posts: 373
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05-12-2006 03:10
What if they put 20million L$ at 350 / usd and announce: I don't think that LL would dare to do that. It is in their interest to have a stable currency. Such action would lead to a further fall of the exchange rate, which would scare a lot of the active users away from SL. This would be suicidal for the company! We should have a little bit more faith in LL. |
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Vares Solvang
It's all Relative
Join date: 26 Jan 2005
Posts: 2,235
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Almost
05-12-2006 03:12
Easy a pound of gold. They carry equal gravitational weight but the gold brick carries more market weight than the plastic brick. Right, but for the wrong reason The brick of gold weighs more because it's weighed in troy ounces. The plastic is in standard ounces. A troy ounce weighs more than a standard ounce, so 16oz of gold is heavier than 16oz of plastic. |
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George Flan
Registered User
Join date: 21 Sep 2005
Posts: 268
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Buy Buy Buy
05-12-2006 03:19
That is what I'm doing! Buy, buy, buy!
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Lackof Foley
Registered User
Join date: 22 Mar 2006
Posts: 5
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05-12-2006 03:21
Right, but for the wrong reason The brick of gold weighs more because it's weighed in troy ounces. The plastic is in standard ounces. A troy ounce weighs more than a standard ounce, so 16oz of gold is heavier than 16oz of plastic. the original poster sid whats more 1 pound this or 1 pound that .. 12/12 and 16/16 is same as 1:1 so there same weight |
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Web Page
slow but steady
Join date: 4 Dec 2004
Posts: 129
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05-12-2006 04:29
Would one of you go buy the top ten price points please?
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Mad Wombat
Six Stringz Owner
Join date: 21 Jan 2006
Posts: 373
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05-12-2006 04:32
I would if you would give me the money for it. lol
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juliah Bliss
JB Design
Join date: 22 Dec 2004
Posts: 326
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05-12-2006 04:32
Rename the Linden Dollar the: Ruble or Peso or Swedish Krona I think it´s the right time to buy then  _____________________
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elmoono Dana
Registered User
Join date: 9 Oct 2005
Posts: 8
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05-12-2006 04:39
I don’t think it will drop to 305 this weekend at all, I know a lot of people who are a week or so away from their tier payments, with dwell going they are selling off land and cashing in as best they can. I think this will carry on for a few weeks, I expect to see 350/1 exchange rate in the next 4 weeks. I suspect there will be a slow recovery after all dwell has gone mid June and when the lindens give us details of their own selling lindens idea.
Don’t see what all the anger is about did you not realise this is a game? What I will especially enjoy is watching the hypocrite who asked everyone to boycott the land reservations (then reserved 50odd sims), devalue herself. |
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Maxx Monde
Registered User
Join date: 14 Nov 2003
Posts: 1,848
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05-12-2006 04:46
Perhaps its time for a "Economy Drama Queen" Forum.
Jamie, you're the winner!* *(At making the most panic-driven posts/trolls/whatever about the linden dollar.) Hahaha. _____________________
Opensim Tutorial - http://opensimuser.wordpress.com/2008/06/15/opensim-install-and-configuration-tutorial/
Run your own simulator on your personal machine! |
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Calix Metropolitan
Registered User
Join date: 10 May 2005
Posts: 212
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L for 500 Alex...
05-12-2006 04:48
I hope the L$ becomes 500L = 1usd...I hope that people continue pushing it in that direction.
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Games Developer - Public Relations - Support / Free Culture Advocate and Occasional Martian Saint --- Tempus Fugit
Come play the hottest game in SL!!! TECH WARFARE @ Arcadia 1 (68, 154, 22)  |
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mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
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05-12-2006 04:49
I believe it will be back down to 305 this weekend because all amounts are under 1 million and unless there is a big chunk over 1 million placed 305 or lower, then I would bet that it would be 305. This is a lot of panic selling. I was almost tempted to buy at 318, 319 or 320, but even if it went down to 300, it wouldn't be much profit and too much of a big risk indeed. Too bad that there is such a big charge by LL (3.5%).
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Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
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05-12-2006 04:49
Perhaps its time for a "Economy Drama Queen" Forum. Jamie, you're the winner!* *(At making the most panic-driven posts/trolls/whatever about the linden dollar.) Hahaha. RBD already has this title. |
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Nexus Nash
Undercover Linden
Join date: 18 Dec 2002
Posts: 1,084
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05-12-2006 04:53
zzzzzzzzZZZZOMGLOL<3OMFGKTHXBY!!!!!1111111oneoneone
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