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Keiki Lemieux
I make HUDDLES
Join date: 8 Jul 2005
Posts: 1,490
07-28-2006 22:13
Stop using logic with RBD, he isn't interested.
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Freyr Elvehjem
Registered User
Join date: 13 May 2006
Posts: 133
07-28-2006 22:27
From: ReserveBank Division
Dear Freyr:

Based on your own remarks, how is it that "now" everything is different and the L$ will begin rising, when for the last 2 years it has been falling? What data gives you the support to argue that the Linden Dollars is starting a long term upward trend? A Month, maybe 2? Muahahahahahaha... Peanuts when compared to 20+ months of declines. If you can't handle the truth, its time to click the ignore button.

If you can find where I said the L$ is starting a long-term upward trend then I'll give you that data. Thing is, I never said the L$ was beginning a long-term upward trend. I've never really posted anything about long-term trends. In fact, just today I said that it's possible a few months from now the L$ could be around $350. I don't speculate about the long-term because there are so many unknowns in this particular system. It's not a mature economy and is subject to further development by the Lindens. An example of that is the Lindens now selling L$ on the Lindex. That's a change in the system that only happened recently.

Anyway, I challenge you to find the post where I said there will be a long-term uptrend.

And once again, maybe we'd try to take you more seriously if you didn't show yourself to be a troll with all of the muhahahas.
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
07-29-2006 05:59
From: Freyr Elvehjem
In fact, just today I said that it's possible a few months from now the L$ could be around $350.




Glad to see we both have the same chart for the future of the Linden Dollar.

You should leave DC and come into Northern Virginia.
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Freyr Elvehjem
Registered User
Join date: 13 May 2006
Posts: 133
07-29-2006 06:33
From: ReserveBank Division
From: Freyr Elvehjem
In fact, just today I said that it's possible a few months from now the L$ could be around $350.
Glad to see we both have the same chart for the future of the Linden Dollar.

You should leave DC and come into Northern Virginia.

I knew you would twist my words yet again. I should have been more clear...

It is possible that a few months from now the L$ could be around 350:1. It is also possible that a few months from now the L$ could be around 250:1. Both are possibilities. I am not making any predictions as to which will happen. I am not concerned with the long-term and I have no idea what changes the Lindens will make month to month that could change the dynamics of the system anyway. I am merely concerned with letting folks know that baseless, absolutist, scaremongering statements have no place in any economic forum and that there are other possibilities besides a constant downward "tanking". Which you said was starting a month ago. And when it didn't actually start a month ago, you said it was starting three weeks ago. And when it didn't happen then you said it was starting two weeks ago. And when it didn't happen two weeks ago you said it was starting a few days ago. Of course, why are we even talking about the L$ anymore since according to you it was already going to be replaced by the Lindens two weeks ago, making it completely worthless.

Are you by chance an aspiring politician? You're playing the same game a lot of them do. If the L$ does start to really starts to decline a few months from now, after you predict it for the 50th time, you'll try to claim you were completely right and hope everyone else forgets the other 49 times you were wrong.
Cannae Brentano
NeoTermite
Join date: 21 Apr 2006
Posts: 368
07-29-2006 06:35
From: Freyr Elvehjem


You're not a benevolent poster who's looking out for others. If you were such a good person you wouldn't end quite a few posts with "muhahahaha" and laugh about how people will be left holding the bag. Were you a sincere poster who just wanted to discuss long-term trends you would stick to discussing long-term trends and wouldn't tell people they better sell now or they will (and you speak in absolutes like that) lose money. And were you on the up-and-up as you try to convince people that you are you certainly wouldn't tell them that once the Lindex comes back up after being down--for what the Lindens already announced were issues with their billing provider--all of their linden dollars would be worthless.

As for why people shouldn't sell when you tell them to sell...that's easy. Because if they listened to you they would consistently lose money!



But in theory according to some, so long as someone makes money in the process its ok. SL is just about money and nothing else according to some posters. So if they make money on panic sells, all is well. In theory of course.
Tiger Zobel
hoarder
Join date: 13 Jan 2006
Posts: 391
07-29-2006 08:01
From: ReserveBank Division
Muahahahahahahahahah..... I'm just laughing. Sorry. A 15% population increase translates into a 15% demand for the Linden Dollar? And how is that? We all want to see your numbers to prove that bold face lie.

Well, it's just so obvious that the 15% increase in population will end up just standing around and chatting in their newbie avatars with newbie hair and clothes, maybe driving around in their newbie vehicles... I mean, none of them will ever want to buy anything, will they?</sarcasm>


:edit: I admit I got a figure wrong... it's not a 15% increase... it's a freaking 30% increase! That 30% more people all wanting L$ A 30% increase in demand!
Tiger Zobel
hoarder
Join date: 13 Jan 2006
Posts: 391
07-29-2006 08:15
From: ReserveBank Division
Too late, the truth cannot be hidden by your lies of a rose colored future for the L$. Tell your story to the SLer who bought L$ in Oct 2005 at L$250 or the one who bought in Sept 2004 @ L$175. Oh wait, how about the poor soul who bought at L$275 in March 2006.
And we all know how people bought L$ back then simply so they would sell them months or years later...

Still... what about the poor souls who sold in June 2006 @ L$340? Guess your lies about doom and gloom affected them.
From: someone
History and an unchanged LL policy to print more and more Linden Dollars. A record $65/million this month (July 2006) alone. If you know anything about Money Supply Inflation, you will one day understand what is going on. Until then, your remarks will be relegated /dev/null among the economic community.

So... the record 170K active residents this month alone means nothing? Most of whom will be wanting L$?

If you know anything about Money Supply Inflation, you would already understand. It's obvious that you don't...


:edit: slight error... it's not 170K in the last month, it's 193K in the last 2 months... However, since that figure is now 30% higher than it was June 30th, we have a 30% increase during the last month... that's a hell of a lot of extra demand out there.
Tiger Zobel
hoarder
Join date: 13 Jan 2006
Posts: 391
07-29-2006 08:32
From: ReserveBank Division
And still Linden Labs Prints L$65/million New Linden Dollars, bringing the Grand Total to L$756,876,645 within 1 month. Did you say something about policy reform? Hmmmm, what you said and what is showing up in reality seem to be disconnected.

You would assume less L$ would be printed, not more. Ohh well, duped again. Hahahahahahah... What did PT Barnum say again? ahhahahaha

Tell me... since the demand has gone up 30% in the last month alone, is the L$9M increase a 30% increase? I'd love to see you crunch the numbers and prove to yourself it is...

Meanwhile, for those who won't make up some silly facts or spread only half the results, the increase is only 15.35%
So, demand is outstripping supply... which is kinda the opposite of inflation.
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