W3C - Funny direct trading of gold coins

It is funny, isn't it?

Funny again

Price Range now 409.9 to 410.

Again, I question "Tommi" in being a marketmaker.

"Tommi" has 4,000 coin on the 409.9 side.

Still funny

The price range remains 409.9 to 410.

"Tommi" still holds the 409.9 side with just over 3,000 coin on the table. (Still playing market maker when there is a sizable player offer on the table at 400)

Bump

Look at the level coin is trading at now.

375

My original thinking was 375 as a natural trading range for coin. It's here now thanks to "tommi" the market maker slowly getting us there.

Now it looks like "tommi" is trying to devalue coin even further.

Some statistics:

Old Exchange Price 460
Current Exchange Price 375
Change (85)

The rate is going down a little over 1 per day on average.


How low will it go?

How low can you go?

The price is not below its equilibrium. Very far from it. In fact, the price for Gold Coins will keep on going down consistently with time. The profits countries and enterprises make these days are extremely low, compared to what they were four years ago. These profits will keep on going down for countries, as the size of corporations increase. I won't get into it now, maybe another day, but the point is: it isn't artificially below it's market equilibrium price, but above.

It is up to players to decide their trade. Trading is business, no matter what they do, they are doing buisiness.

The price is been systematically lowered by "Tommi"

Gamemoney is freely traded but in a tight range rigged by the "Tommi"

The price of GC has fallen somewhat closely to the range by which the profitability of countries/enterprises has. Game-cash is experiencing deflation in relation to the gold coin, but if I'm not missing my guess, the gold coin earning capacity of countries/enterprises appears to remain intact.

You are.

Hmm, I checked and it would appear that my sim-cash profit in my main on LU is back to what it was before the changes so I'm wrong for the better... at least the better for me. With the increased amount of GC this sim-cash buys, I'm doing somewhat better.

Maestro2000 names "Tommi". If we reverse Tommi, it will be mitom. In English, Mitom is translated as Instance Noodle.

It would read immot.....which is bollocks in any language