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Do Not Sell Your T1 Funds For Anything Less Than 1:1
  #1  
Old 09-02-2006, 12:35 AM
aurea's Avatar
aurea aurea is offline
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Default Do Not Sell Your T1 Funds For Anything Less Than 1:1

T1 funds are being converted to productions funds on a daily basis.
If you sell your T1 funds for less than 1:1 you will lose $ on what can shortly be yours.
This would be foolish.

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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
  #2  
Old 09-02-2006, 12:44 AM
catumaram catumaram is offline
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Default Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1

Quote:
Originally Posted by aurea
T1 funds are being converted to productions funds on a daily basis.
If you sell your T1 funds for less than 1:1 you will lose $ on what can shortly be yours.
This would be foolish.

Oh please! 1/2% per session means 200 days! And not all days at that (to wit - not a PENNY yesterday). Unless you have a crystal ball nobody else has, T1 funds should be discounted...maybe even more heavily than they already are!! Time will tell.
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
  #3  
Old 09-02-2006, 01:52 AM
RatherBeFishing RatherBeFishing is offline
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Default Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1

Quote:
Originally Posted by catumaram
Oh please! 1/2% per session means 200 days! And not all days at that (to wit - not a PENNY yesterday). Unless you have a crystal ball nobody else has, T1 funds should be discounted...maybe even more heavily than they already are!! Time will tell.
Even if they were comming out faster, the trades would still make sense for some people. People were trading DXG for ecurrency even when things were moving at a full click.

The ratio was about 1:1.1, but they were still trading.
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
  #4  
Old 09-02-2006, 02:29 AM
oshokala oshokala is offline
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Default Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1

I find my Portfolio is in red and if I buy digots using Production Fund, that red will be black. Now, what is the exchange rate between PF & T3 in the market?
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
  #5  
Old 09-02-2006, 02:31 AM
check check is offline
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Default Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1

They have only released small portions of T1 during 3 sessions of 12. I'm increasing my rate to 1:4 for T1.
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
  #6  
Old 09-02-2006, 10:11 AM
catumaram catumaram is offline
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Default Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1

I've seen 2% move to PF in 12 sessions, requiring 12 x 50 to liquidate all T1 unless the pace picks up (probably will)

600 days though is the current liquidation pace - my guess is that 5:1 for T2 and 10:1 for T3 are BARGAINS for current DXGold time-release fund sellers and those rates will rise rather than shrink as the reality sinks in.
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
  #7  
Old 09-02-2006, 02:14 PM
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pluggy pluggy is offline
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Default Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1

If people wish to sell their T1 funds at a discount, thets between them and their buyer.
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
  #8  
Old 09-02-2006, 02:50 PM
transparent transparent is offline
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Default Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1

Quote:
Originally Posted by aurea
T1 funds are being converted to productions funds on a daily basis.
If you sell your T1 funds for less than 1:1 you will lose $ on what can shortly be yours.
This would be foolish.


are you buying T1's then?
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
  #9  
Old 09-02-2006, 03:03 PM
RatherBeFishing RatherBeFishing is offline
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Default Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1

Quote:
Originally Posted by transparent
are you buying T1's then?
No he's not. Tried to get him to buy at 1:1.1 and he wasn't interested. Guess he's not as certian about the value of our DXG as he'd have us believe.
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
  #10  
Old 09-02-2006, 03:06 PM
check check is offline
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Default Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1

Quote:
Originally Posted by aurea
T1 funds are being converted to productions funds on a daily basis.
If you sell your T1 funds for less than 1:1 you will lose $ on what can shortly be yours.
This would be foolish.

I must be foolish, cause I would gladly sell you T1 with a 10% discount!
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