Credit Market Sunk?

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Credit Market Sunk?

Postby Barnabas Sackett » Sat May 07, 2016 10:07 pm

How was one player influencing prices so much?
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Re: Credit Market Sunk?

Postby Most Lee Harmless » Sat May 07, 2016 10:13 pm

Sadly, as the banking system restricts credit exchange to very high level banks, of which there are few, its inevitable that one or two can influence prices greatly. More banks in the exchange system would be good, but getting to level 15 before you can trade both ways is a big ask and comes with a massive cost in resources and credits to achieve.
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Re: Credit Market Sunk?

Postby Barnabas Sackett » Sun May 08, 2016 4:16 am

Right
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Re: Credit Market Sunk?

Postby Admiral Nelson » Sun May 08, 2016 7:26 am

[quote="Barnabas Sackett"]How was one player influencing prices so much?[/quote]

Naw can't you buy credits anymore?
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Re: Credit Market Sunk?

Postby Most Lee Harmless » Sun May 08, 2016 7:31 am

I'd be happy to trade credits in my bank at better rates than currently offered : I'm less happy about spending another billion or more on it to be able to do so.
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Re: Credit Market Sunk?

Postby Admiral Nelson » Sun May 08, 2016 7:35 am

[quote="Danik"]I'd be happy to trade credits in my bank at better rates than currently offered : I'm less happy about spending another billion or more on it to be able to do so.[/quote]

Your 1111 post!

How should we celebrate?
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Re: Credit Market Sunk?

Postby Barnabas Sackett » Sun May 08, 2016 9:12 pm

Your bank level should affect what returns you can get on credit trade, or I don't know. We need more people trading credits for sure.
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Re: Credit Market Sunk?

Postby Mack » Sun May 08, 2016 9:18 pm

I dont know i think it makes the credit keep its high value
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Re: Credit Market Sunk?

Postby Most Lee Harmless » Sun May 08, 2016 9:24 pm

Arg wrote:
Danik wrote:I'd be happy to trade credits in my bank at better rates than currently offered : I'm less happy about spending another billion or more on it to be able to do so.


Your 1111 post!

How should we celebrate?


Send me all your money : I shall then celebrate in an inappropriate manner...
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Re: Credit Market Sunk?

Postby Barnabas Sackett » Sun May 08, 2016 11:28 pm

The credit having a higher value is a good thing, right now the top three banks don't even want them
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