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Clang Clang Clang!!! L$ Now trading 320 / 1

Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
05-23-2006 06:16
Time for LL to snapcount trade controls.. the exchange is dropping like a rock.

How low will she go?
How low will she go?

My prediction: If nothing changes L$500 / 1 by year's end.

SELL
SELL
SELL
Mad Wombat
Six Stringz Owner
Join date: 21 Jan 2006
Posts: 373
05-23-2006 06:19
Everyone is saying, that the money per resident is decreasing steadily, yet the exchange rate keeps dropping. I would say the falling L$ is more a psychological phenomenon.

People who are panicking and undercutting each other;
People who are so evil that they want to crash the market by putting giant roadblocks on Lindex;
Peope who don't want to pay for something like a "computer game" (they won't buy any L$)
Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
05-23-2006 06:22
Drop! Drop!

Thank you Jamie 'Chicken Little' Bergman.
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You killed my father. Prepare to die. - Inigo Montoya, The Princess Bride

You killed My father. Your a-- is mine! - Hellboy
Jessica Elytis
Goddess
Join date: 7 Oct 2005
Posts: 1,783
05-23-2006 06:23
For whatever reason, Jamie is right (never thought I'd say that). This is stupid. People are continually trying to undercut each other in an attempt to sell faster. LL needs to get off thier ass and actually do something with the Lindex or they're going to see SL fade away and thier own profits with it.

~Jessy
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When your friend does somethign stupid:
From: Aldo Stern
Dude, you are a true and good friend, and I love you like the brother that my mom claims she never had, but you are in fact acting like a flaming douche on white toast with a side order of dickknob salsa..maybe you should reconsider this course of action and we go find something else to do.
Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
05-23-2006 06:29
From: Mad Wombat
Everyone is saying, that the money per resident is decreasing steadily, yet the exchange rate keeps dropping. I would say the falling L$ is more a psychological phenomenon.

People who are panicking and undercutting each other;
People who are so evil that they want to crash the market by putting giant roadblocks on Lindex;
Peope who don't want to pay for something like a "computer game" (they won't buy any L$)


This is a supply-side issue.

There is just WAY too much supply. And with LL creating $60,000,000 in L$ per month, there is no reason to believe the flood of L$ will subside anytime soon.
Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
05-23-2006 06:43
From: Jamie Bergman
This is a supply-side issue.

There is just WAY too much supply. And with LL creating $60,000,000 in L$ per month, there is no reason to believe the flood of L$ will subside anytime soon.


Way too much supply for you. I know of few people with over 20k lindens.This is a demand side issue- as in 'I demand my lindens sell first.'

Stop the whining, its repetitive.
_____________________
Good freebies here and here

I must protest. I am not a merry man! - Warf, ST: TNG, episode: Qpid

You killed my father. Prepare to die. - Inigo Montoya, The Princess Bride

You killed My father. Your a-- is mine! - Hellboy
Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
05-23-2006 07:01
Whining?

Complaining about a 28% currency correction in the past four months can HARDLY be considered whining!

Stop being an osterich.
Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
05-23-2006 07:02
From: Jamie Bergman
Whining?

Complaining about a 28% currency correction in the past four months can HARDLY be considered whining!

Stop being an osterich.


it can when alot of us don't care.
_____________________
Good freebies here and here

I must protest. I am not a merry man! - Warf, ST: TNG, episode: Qpid

You killed my father. Prepare to die. - Inigo Montoya, The Princess Bride

You killed My father. Your a-- is mine! - Hellboy
Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
05-23-2006 07:04
From: Jonas Pierterson
it can when alot of us don't care.


So what if you don't care?

There are other people in the world, you know.
Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
05-23-2006 07:08
From: Jamie Bergman
So what if you don't care?

There are other people in the world, you know.


Notice I didn't say just me. Alot of others don't care either.
_____________________
Good freebies here and here

I must protest. I am not a merry man! - Warf, ST: TNG, episode: Qpid

You killed my father. Prepare to die. - Inigo Montoya, The Princess Bride

You killed My father. Your a-- is mine! - Hellboy
Shirley Meiji
Moxie Drinker
Join date: 8 Mar 2005
Posts: 165
05-23-2006 07:09
From: Jamie Bergman
Time for LL to snapcount trade controls.. the exchange is dropping like a rock.

How low will she go?
How low will she go?

My prediction: If nothing changes L$500 / 1 by year's end.

SELL
SELL
SELL


Yes, by all means, SELL LOW and BUY HIGH so other people can profit from your panic.
Fade Languish
I just build stuff...
Join date: 20 Oct 2005
Posts: 1,760
05-23-2006 07:16
From: Jamie Bergman
Stop being an osterich.


Stop misspelling ostrich :p
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Ranma Tardis
沖縄弛緩の明確で青い水
Join date: 8 Nov 2005
Posts: 1,415
05-23-2006 07:18
From: Jamie Bergman
So what if you don't care?

There are other people in the world, you know.


I could care less about the Linden as well. I pay Linden Labs directly for my land. If stipend went away I would just lose money to make you richer! I am not willing to do that! This if the Linden goes down to 500 will still be worth $1. If there are no stipends would lose that big $1 a week to enrich you. It is not the money it is the priniciple!
Kai Venkman
Will script for food...
Join date: 21 Feb 2006
Posts: 43
05-23-2006 07:29
From: Fade Languish
Stop misspelling ostrich :p


QFE! :p