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Do Not Sell Your T1 Funds For Anything Less Than 1:1 |
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09-02-2006, 12:35 AM
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Amateur Investor
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Join Date: Dec 2005
Posts: 74
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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 |
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09-02-2006, 12:44 AM
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Amateur Investor
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Join Date: Dec 2005
Posts: 58
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
Quote:
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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.

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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 |
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09-02-2006, 01:52 AM
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Investor
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Join Date: Oct 2005
Posts: 191
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
Quote:
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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.
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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 |
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09-02-2006, 02:29 AM
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Senior Investor
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Join Date: Jan 2004
Location: Nepal
Posts: 810
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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 |
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09-02-2006, 02:31 AM
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Investor
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Join Date: Sep 2005
Posts: 330
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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 |
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09-02-2006, 10:11 AM
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Amateur Investor
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Join Date: Dec 2005
Posts: 58
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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 |
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09-02-2006, 02:14 PM
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Experienced Ex-Mod
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Join Date: May 2004
Location: Lancashire, UK
Posts: 10,724
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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 |
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09-02-2006, 02:50 PM
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"Talkgold's Best" Club
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Join Date: Dec 2004
Posts: 2,275
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
Quote:
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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.

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are you buying T1's then?
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1 |
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09-02-2006, 03:03 PM
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Investor
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Join Date: Oct 2005
Posts: 191
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
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Originally Posted by transparent
are you buying T1's then?
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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 |
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09-02-2006, 03:06 PM
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Investor
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Join Date: Sep 2005
Posts: 330
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Re: Do Not Sell Your T1 Funds For Anything Less Than 1:1
Quote:
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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.

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