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BEF/gold value - an opportunity to make money

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Post by Ward De Bever 2011-04-09, 15:33

Over the last day, the BEF value has dropped to well over 200 BEF per gold. I thought this was mathematically impossible, since Congress can print an unlimited amount of BEF (well, limited by the amount of gold owned) for 200 BEF per gold (or 0.005 gold per BEF). If these BEF is put on the market for 0.006 gold/BEF, we have a Chicken with the Golden Eggs.


Last edited by Ward De Bever on 2011-04-09, 15:49; edited 1 time in total (Reason for editing : misformulation (i'm not ready for the post of MoF ;-))
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Post by Jofroi 2011-04-09, 15:51

This is more related to the MoF (but yeah,there isn't any forum ^^).

The problem is that admins can sell how much they want of BEF, so the BEF value will goes down and down and soon it'll worth less than the printing price^^.
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Post by Ward De Bever 2011-04-09, 15:53

OK, I edited my post meanwhile. Thanks for your reply, I'm definitely not ready for the post of MoF ;-)
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Post by Glenn Wauters 2011-04-09, 18:25

Well, we could print BEF, and later when gold becomes less valueable somehow, we sell it!!
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Post by Jofroi 2011-04-09, 19:15

Printing BEF can be done at any time. Buying BEF at a lower value than the printing BEF could only be done for now.

But as long as the admins are doing their crap, the BEF will goes down and down, so I'd be in favor of buying BEF when the value will be around 0.001 or 0.002, not before.
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