The problem of having two Monetary Markets
ComputerSpeaker
so i think i figured out where all the usd are going 🙂
the monatary market. it blows my mind the amount of offers on there.
the idea. sell 2000 usd for 10 gold. sell 10 gold for 2262 usd. profit 226 usd. and can do that an unlimited amount! hm, well maybe the 10 gold a day transaction thing might influence that not 100 percent sure.
but anyways the amount of usd being used in that scheme is a ridiculous amount.
page 425 the offers are too high for anyone to acutaly use those but one person has 250000 usd offer. that is almost more usd than the usa government has. if on every page there is about 100,000 usd that is 42 million dollars sitting there not being used one bit. and that is why the prices drop. as more people realize this might make them lots of money more people do it. and they lock up the currency so that it cannot be used. well less currency circulation makes the currency that is circulating worth more and so prices drop. we need to educate people. this might make some money. but it hurts the economy a lot.
I really do not understand why there are two different monetary markets. there only needs to be one. we do not have a market for people who want to buy weps and a market for peole who want to sell weps most people would think i was silly if i had wanted it.
but i guess back when each country had its own currency then having 2 markets per country plus 50 different countries. there would always be price discrepancies that a person could profit from.
i suggest we ask plato to change it not "monetary market" but "monetary markets" so people understand there are two seperate monetay markets and due to rounding a person can make a significant potential profit. or maybe remove the market that has the 1 usd =.005gold
Comments
Thats the idea exactly there is a monetary market bot. It buys USD and buys gold automatically if the offer is up long enough. its 26 USD profit each time the bot buys 200 usd.. Its free money and the oldest trick to making money. if gold goes under 200, all of those offers will disappear and people may look at other ways to make money. the Monterrey market is that simple.
well do you think that gold will ever go under 200?
No, since governments can issue money for 200 cc/gold.
so i guess this is a no lose position, only upside. well i guess i am going to be doing what i do not like others to do 🙁 unless is this aginst the rules somwhow?
So this is a scam?
is what a scam?
definition of scam: to swindle (someone) by means of a trick.
definition of trick: A cunning or skillful act or scheme intended to deceive or outwit someone.
hm, it was not intended to deceive or outwit anyone. the dual monetary markets came about when each country had their own currency. and trading currency was needed to get the foreign currency to buy weps in the foreign markets. and needed both markets to be able to quickly sell gold or buy the local currency. the dual market was for speed. could take a loss to sell quickly. however due to the dual markets and rounding errors. it becomes hard to get the markets to reach the equilibrium point. which if the game could have more significant figures in pricing the monetary markets would be the same price. so due to lack of significant figures and dual monetary markets there is the ability to make money. and it did not start as a act to outwit or deceive anyone so it is not a scam.
i do not believe the bots in the monetary market are as active as i have been led to believe. which i like maybe there really are no monetary bots.
as a new player when trying to get money from gold. sell the gold for the 226 usd. do not buy the gold you will lose 13%