coins

ibrahimofanco · Post by **ibrahimofanco** » 16.07.2009, 18:32

can the price of coins go down?

Guest · Post by **Guest** » 16.07.2009, 19:08

you mean ingame or the real world price?

ibrahimofanco · Post by **ibrahimofanco** » 16.07.2009, 19:11

ingame

Guest · Post by **Guest** » 16.07.2009, 19:35

technically yes, but doubtfull. Due to supply and demand. You can ask for a lower price and migh receive it also someone with a pretty large stake in the market could potentialy drive pricess down, such as he annouces hes now selling coins at 4 mill but never actually sells them but still all the other people prices will drop

Guest · Post by **Guest** » 16.07.2009, 19:37

Someone just did that a week ago, but his fax got deleted.

Guest · Post by **Guest** » 16.07.2009, 19:59

Most likely by himself...

Please do not judge about things that you are not sure about.

Guest · Post by **Guest** » 17.07.2009, 02:37

ask youself this question:
if you see an item selling for 20 million and there seems to be more buyers than sellers and you also are trying to sell this item what would you sell it for???

pk

Guest · Post by **Guest** » 17.07.2009, 13:01

pk121 wrote:ask youself this question:
if you see an item selling for 20 million and there seems to be more buyers than sellers and you also are trying to sell this item what would you sell it for???

pk

Ehmmm...........

20 million?

Or even more!!

Guest · Post by **Guest** » 17.07.2009, 18:10

thats a bad idea. you should sell for less, so it sells faster.

kapilands logic at its best!

Guest · Post by **Guest** » 17.07.2009, 18:16

GREED inc. wrote:thats a bad idea. you should sell for less, so it sells faster.

kapilands logic at its best!

Correct, example : you sell power for 0.12.

I, Sell for 0.10

Guest · Post by **Guest** » 17.07.2009, 23:17

GREED inc. wrote:thats a bad idea. you should sell for less, so it sells faster.

kapilands logic at its best!

I think/hope you were being sarcastic.

But just in case you weren't, or for the players like Sonex that think that is the best way to go:
Ofcourse you don't sell for less, why should you?

If there are more buyers then sellers you will have no problem selling your coins for the same price others do.
even if you sell them for more you will sell them fast.

If it were the other way around (more sellers then buyers) you sell them for less ofcourse.

And Sonex, the example with power is also not a good idea, it is like stones or water; those products always sell very fast, so why lower your price for power to 0,10 instead of just selling it for the same price others do?
even though you might have to wait 5 minutes longer for it to sell, it is worth it, because it will be gone before you know it.
If you keep lowering the price you only steal from yourself, and it is totally unnecessary.