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eltee Statosky
Luskie
Join date: 23 Sep 2003
Posts: 1,258
02-20-2006 13:02
don't confuse a relatively poor attempt at market manipulation with actual pricing value... one person set a rather small block at L$4 under the current rate, and IMMEDIATELY someone posts about it, whee

the 'price' of where the linden really is, is probably whever you are when you track 1 mil lindens in from 'the bottom'... anything less can be eaten in a matter of minutes/hours
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Calix Metropolitan
Registered User
Join date: 10 May 2005
Posts: 212
02-21-2006 06:49
From: eltee Statosky
don't confuse a relatively poor attempt at market manipulation with actual pricing value... one person set a rather small block at L$4 under the current rate, and IMMEDIATELY someone posts about it, whee

the 'price' of where the linden really is, is probably whever you are when you track 1 mil lindens in from 'the bottom'... anything less can be eaten in a matter of minutes/hours



Well in that case start eating because the blocks are getting bigger. The future of the world is depending on you!
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Keiki Lemieux
I make HUDDLES
Join date: 8 Jul 2005
Posts: 1,490
02-22-2006 09:05
New prediction: It's going bounce a few points back into the upper 270s til at least the weekend.
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
02-22-2006 09:30
From: Keiki Lemieux
New prediction: It's going bounce a few points back into the upper 270s til at least the weekend.



The day after Stipend Day? I doubt it.

Look for the L$ to decline to L$278 by the weekend.
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Keiki Lemieux
I make HUDDLES
Join date: 8 Jul 2005
Posts: 1,490
02-24-2006 08:01
From: ReserveBank Division
The day after Stipend Day? I doubt it.

Look for the L$ to decline to L$278 by the weekend.

Lol... you can't even read the simplist thing I write. I was predicting the same thing, that it would hit the "upper 270s".

Now next prediction... I'm going out on a limb. But I'm going to say that the exchange will hit 271 again before midnight Saturday.
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Maximillion Grant
Registered User
Join date: 29 Jul 2005
Posts: 172
02-24-2006 08:40
The important thing to look at this week is that buying in total has been down by a 1 to 2 million over the previous 2 weeks. Last week it was hitting high 6 million, low 7 million in total buying. This week it's been lucky to reach 5. With an extra milllion or 2 in sales a day we'd have seen 269 by now.

I think one of the reasons for that is that it was a holiday in the US on Monday and lot of people traditionally take vacation this week.

If buying goes back up next week I think we'll see the the previous week's trend continue.

No doubt the new in-game buying system has helped a lot in terms of total Lindens purchased.

All this is pure speculation of course :P It could also have been that so many people were buying because the price was good. Only time will tell.
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