PIN error message
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Ward De Bever
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PIN error message
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This is a new error message for me. When reloading the page (F5), it worked again.
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This is a new error message for me. When reloading the page (F5), it worked again.
Ward De Bever- 2,000 Premium Club Member
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Re: PIN error message
gold market is crashing and since admins can't have that, they decided "to work on the module"
shadowukcs- BANNED
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Re: PIN error message
Someone else complains that he can't find BEF on the market...
Ward De Bever- 2,000 Premium Club Member
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Re: PIN error message
Correct, there is something like 8k BEF left on the MM.
Olv007- Forum Neenja
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Re: PIN error message
Yeah, that's why we need the State to put some BEF on the market to stabilize the MM.
Jofroi- Admin
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Re: PIN error message
Jofroi wrote:Yeah, that's why we need the State to put some BEF on the market to stabilize the MM.
Or we could just let the market run it's course...
shadowukcs- BANNED
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Re: PIN error message
Yeah we can. But this will only be temporary. And this would allow us to make some profits also^^.
And it's a temporary huge gap that won't last for long.
And it's a temporary huge gap that won't last for long.
Jofroi- Admin
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Re: PIN error message
Why not let the private parties take the risks and stand the probablity of capitalistic profit? We need our BEF as strategic reserves.
Ward De Bever- 2,000 Premium Club Member
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Re: PIN error message
Risk? Which Risk? Printing BEF cost us 0.005 gold. If we sell all our BEF at 0.006 we can print new BEF. There are absolutely no problems with that.
Moreover this'll rise the amount of BEF that people can invest and thus they'll be richer. I don't see any reason to let the market up.
Moreover this'll rise the amount of BEF that people can invest and thus they'll be richer. I don't see any reason to let the market up.
Jofroi- Admin
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Re: PIN error message
Probably not the best day to decide something like this, seeing as the game has been wonky all day.
goopypants- 2,000 Premium Club Member
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Re: PIN error message
Well, this is a crisis decision, it has to be taken fast. Else it's the same than deciding to do nothing.
Jofroi- Admin
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Re: PIN error message
Right, but some of us can't even log into the game reliably, let alone dink around on the MM.
And my 4000 BEF listed at 0.006 or whatever would kinda indicate that yes, indeed, there is a bit of liquidity on the market.
And my 4000 BEF listed at 0.006 or whatever would kinda indicate that yes, indeed, there is a bit of liquidity on the market.
goopypants- 2,000 Premium Club Member
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Re: PIN error message
Do you have an idea how much BEF circulate around the eworld?
Olv007- Forum Neenja
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Re: PIN error message
Three and a half. No wait, blue.
Um... some?
edit: actually, right now, probably zero.
Um... some?
edit: actually, right now, probably zero.
goopypants- 2,000 Premium Club Member
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Re: PIN error message
I don't see a crisis here, since:Jofroi wrote:Well, this is a crisis decision, it has to be taken fast. Else it's the same than deciding to do nothing.
- Jofroi, less than 2 hours after your pm about the subject, we replied with a motivated decision why the NBB-BNB didn't intervene as of now, neither to try to increase nor to try to decrease the BEF value.
- Why would we print 200 BEF per gold if we can put gold on the market for 300-350 BEF as of now?
- There's no indication yet we will be able to sell the BEF... then if we have that "cheap" gold, should we sell it for even less BEF? Because your proposal makes sense only if you know for sure that the BEF value will plunge afterwards.
Last edited by Ward De Bever on 2011-05-13, 13:05; edited 2 times in total (Reason for editing : typo)
Ward De Bever- 2,000 Premium Club Member
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Re: PIN error message
Don't print the BEF. Just sell it and once it's done, print it. We've enough stocks for that.
And if we put BEF on the market forever, it'll plunge at the end.
And if we put BEF on the market forever, it'll plunge at the end.
Jofroi- Admin
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Re: PIN error message
ITT: the clash between Communism and Capitalism.
shadowukcs- BANNED
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Re: PIN error message
No one is buying BEF at 200 gold ea anyway.
Like Beaver said, best would be to sell gold rather than print BEF, but probably best to keep that gold for MPP, the war chest, or other country operations.
Like Beaver said, best would be to sell gold rather than print BEF, but probably best to keep that gold for MPP, the war chest, or other country operations.
goopypants- 2,000 Premium Club Member
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Re: PIN error message
I tried to stabilize the MM 2-3 months ago.
Just look at the belgian balance sheet and cry.
Just look at the belgian balance sheet and cry.
Jofroi- Admin
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