ZOMG! Buyyyyyyy!!!

Skip around and clap hands in a merry circle of love...

Well lets see...
*your account was created July 2nd
*your first post in the forums was July 2nd
*Every post you've ever made has been about the rise or fall of the L$ and telling people when to buy or sell
*Your in world profile is completely blank making it very likely your account has never even been rezzed in world

Gee could you be an alt created for the sole purpose of attempting to manipulate the market via the forums?

Methinks someone is about to get his/her ass banned any day now.

Hmm, some Linden a few days ago said that someone was posting to manipulate the market to their advantage. That's all I'll say.

If you don't think it makes any difference why do you bother?

I think you are referring to this post.

The same warning would apply if someone with Currency Trading tier who just completed their buy cycle and was about to start selling started going overboard pushing for people to buy without at least some amount of reasonable justification.

Cheers,
Lawrence

Sorry masters. I will no longer post as the Lord requests...

Stop skipping in the forums! Your happiness is unjustified!

You know me, I always provide reasonable justification. And I'm not selling or buying anything.. Glad to see Mgmt has come their senses and will stop printing new welfare-stipend money and shift over to a demand pull based printing policy.

i always gets the feeling that rbd posts stuff he just learned in his undergrad economics class the day before

has that sort of ring 2 it

Trying to convince anyone to buy large amounts of something that you're interested in SELLING in large amounts should be enough justification for action. Can anyone say PUMP and DUMP? If LL would yank LindeX access for these folks and their associated alts, maybe there wouldn't be so much nonsense on this forum in the first place.

As an economics undergrad I find that insulting to our curriculum .

Yup.

I'm sure that would be defended in some circles as being capitalistic

Some of us just want enough income in L$, to sell for US$, to pay tier with. Nothing more. I'm just not all that interested in Second Life downgrading to a new product called Second Job.

You notice ole buddy, as the L$ starts going down the tubes, the hypsters are no where to be found. Guess they are too busy selling this pig.

The day when I see sinks exceeding stipends for the month, is the day I'll become a buyer. Otherwise, its 17th Century Tulip Mania on the downward slope.

Ole buddy? I thought Pan Fan was just a concerned newbie? =O Are you saying they're not who they say they are?

Thanks to the ever increasing numbers of active residents, the value would have started going sky high before that point.

The forever important point to remember is supply-demand:active population. By ignoring the final part of the equation, you end up with faulty results.


While at the moment, the monetary increase is on the higher than currently needed side, there are more changes in the pipeline that will balance it out.

Eventually, the increase will have reached a stable rate and that will be before sinks exceed stipends.



Oh, and you might be interested to know that what you've been doing for the last 6 months fits the definition of "hype"

Does that mean you're a hypster too?

What I've been doing for the last 6 months is called being realistic. I've told folks to sell the L$ because it was going lower and it has, as predicted. Sorry that realistic forecasts don't make you happy, but its the truth.

Yeah, yeah, you can proclaim LL doing this or that is going to fix things, but the proof is in the pudding... I'd heard the talk for years and still the L$ declines. Population, not even a factor. In fact, as the population has grown, the L$ has fallen, go figure.

Anybody calling for the L$ to move higher doesn't have a leg to stand on. There are over L$740/million linden dollars in the market. With only a "handful" of buyers looking to load up on a few hundred thousand L$.. Hardly a drop in the bucket to keep this valuation from tanking... Then look at the flip side and you see dozens of SLers with Millions of Linden Dollars for sale looking to unload.. And you are going to tell me the L$ is going up? PuhLez.... I can't help but laugh... Ohh and what happen to all the hype at L$297? Seems like a week later and the L$ is down 10 points and falling with millions of L$ pushing it lower.. What happen to the rally? Did the rally monkey die?

Its plain and simple, a caveman could understand it...

a) Too Many Linden Dollars
b) More New Dollars Printed every week without supporting demand
c) Lack of Linden Dollar Denominated Assets
d) 10x as many L$ sellers as buyers...


Population means nothing if they aren't adding to the economy. 100,000 new people that just pal around and chat doesn't mean there is demand for L$. Demand for L$ will appear in the form of more buyers buying millions of L$ on the LindenX with pending orders. Not the other way around with millions of pending sell orders...

You call it being realistic, everyone else calls it trolling.

The Linden has increased in value since the cut in stipends and the removal of dwell and startup money. So your "proof" is non-existant. The very recent decline coincided precisely with the LL announcent that they will be selling Lindens very shortly, it had little to with the economy. Prior to that it was very steady at 296-300.

You continually ignore the fact that new users are added daily who have very little choice but to buy Lindens, demand is increasing. You can claim all you want that those people don't do anything except "pal around and chat" but you have zero proof of that, it's plain hyperbole. Do you even run a business? I do, and I can tell you that newbies are in my shop every day spending money. I spend enough of my time instructing them on the mechanics of SL to know they're hardly alts but even if they are, alts need skins, hair and clothes. 6-8 months from now the number of non-stipend receiving basic accounts will outnumber those that still receive them. As you like to say, Economics 101, demand will be greater than supply.

You also like to throw around the total circulation of Lindens yet convieniently ignore the fact that 300-450 MILLION Lindens are bought and sold each month on the Lindex. The market can and does absorb over half the total Linden circulation being sold each month.

Sorry Reserve. This sudden drop in value will be shortlived. The main reason for the start of the drop was the announcement they issued. Another may be due to all of the bugs and people getting nervous due to this. By this weekend, things will settle more unless we see another horrible update.

You also forget that as there are no new basic stipends, and new premiums are reduced stipends, per head the amount of L$ is reducing daily.

When people stop panicking about "investments" and start having fun as they're meant to in this game, a lot of this crap would stop.

Lewis

Uh-Oh --- Today's average: L$310.6978

Who's gonna buy through those "millions" of Linden Dollars forsale between L$300 - L$310? I don't see it happenning and your speculation is without merit. There is no demand pull in SL that will trigger tens of thousands of US Dollars to be pumped into SL to push up the L$'s valuation. And the market is pointing that out with a big red spotlight.

Open your eyes, the Linden Dollar is going down, and as I said before, the recent run up was just another dead cat bounce in the 2/year history of the Linden Dollar's Decline from L$175.

Therein lies the paradoxical nature of your argument RBD. When in your own words, new players are not contributing to the economy in SL how can you possibly imagine that they're going to start when the economic policies you propose make it even more expensive for them to buy L$ and start shopping ?

I'm more than capable of understanding the inflationary money supply argument, but it's rather simplistic to apply it wholesale to the situation we have here. If anything your prophecies of doom are not really about the L$ at all, but the viability of SL itself as a profit making platform, irespective of LL monetary policy.

To which end one might say, you're one of Lewis's closest allies.

*sigh*

The basic foundations of the monetary increase are changed from how they were just 2 months ago, yet you still believe that what hapened then is what's going to happen in the future?
That is speculation without merit... in fact, given that your assumptions are based on the wrong information now, it's no longer anything but scaremongering.

As has been pointed out to you, the demand is increasing more and more and the supply is slowly decreasing. You constantly hype the fact that there is L$Xmillion in circulation but ignore the demand from the increasing numbers of residents.
While the increase in supply was higher than the corresponding increase in demand, you were indeed partly right... but since there is now no Dwell payments, no new basic stipends and now reduced new premium stipends, your predictions based on the old system will just get more and more out of alignment with reality.

Open your eyes and embrace the changes... or just keep on with faulty info and make a fool of yourself.

*yawn*

That's what you said a week ago when the L$ was moving up from 300 to the 290s. If I recall correctly there was a huge wall of several (about 5) million at L$297...but that was chewed through.

So now the L$ is starting to decline a bit--nearly three weeks AFTER you said it would start declining (actually, you used the word "tank)--and you're claiming that you predicted it?

Now I'm starting to get angry.

You told folks to sell at 326:1 because it would soon plummet to 350-400! Instead, it went up as high as 296...about 9 percent higher than when you told them so selll! Right now it's STILL higher than when you told everyone to sell! Your forecast was NOT realistic and if anyone listened to you and sold at 326:1, they lost money!

Just try and weasel your way out of that one...well you even try or will you just run away from this thread like you've run away from others in the past when you're challenged to justify your misinformation?