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Is LindeX action related to CopyBot?

Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
11-14-2006 15:20
On 11/11/06 the LindeX average was L$272.05/1 and the lowest rate traded was L$269/1. This is typical for the day of the week and the level of recent trading. By the 11/12/06 those numbers were L$273.76/1 and L$270/1. I see nothing unusual here. Yesterday (11/13/06) the numbers had climbed to L$274.55/1 and L$270. I would at this time have asked my usual question of whether Supply Linden would cease selling new L$ on the LindeX but the Economics Statistics page http://secondlife.com/whatis/economy_stats.php hasn't been updated since 11/8/06 so don't know if there has been any new L$ sold. What concerns me now is the spike I now see on the LindeX average exchange rate to L$276.30/1 which appears to be people selling large amounts of L$ at the market in an attempt to take their profits fast and run. Is the creator of the CopyBot indeed cashing in large amounts of L$ and running before his account is frozen for violating the TOS? Does LL think they should investigate the unusual activity of people selling large amounts of L$ at the market in the possible attempt to exploit the advantages of the CopyBot?
Torley Linden
Enlightenment!
Join date: 15 Sep 2004
Posts: 16,530
11-16-2006 13:50
Hi Svar, while unfortunately due to time constraints we can't reply to all questions in this vein, I'm assured we do have Lindens monitoring LindeX and other economic activity in light of recent CopyBot events. Sorry this is not the detail you hoped for, but the Econ. Stats page was updated fresh today.
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