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What is the ratio

849 views · started by Jenni ·
#1
What is the ratio
For GG : LGG, anybody?
#2
The last purchase that was made with LGG was 200LGG for 2.4M.
#3
There is no official ratio, it's whatever you can get.
#4
last time i bought gold was 1.7 mil for 180 lgg ~ ratio constantly changes
#5
Soph wrote:
The last purchase that was made with LGG was 200LGG for 2.4M.


Really? Fantastic! Thank you for the information.
#6
Damn, what a rip-off. I wouldn't trade anything for lg.
#7
Omlett wrote:
Damn, what a rip-off. I wouldn't trade anything for lg.


^
Is official middleman

Do you understand how currency functions?
If you need 200lgg for 2 million gg, then LGG is the stronger currency. I.e. it's more valuable.
#8
Its pretty easy to get GG nowadays. :/ LGG is harder to get.
#9
I think he's saying how LGG is utterly worthless, because no one is active here, and if you traded all your gaia gold for LGG, what value would you have? none. Because no one gives a fuck about LG.
#10
People do, though, which is why there are trades being made like that. Not as many people as Gaia, but it still has value as long as enough people are trading it. And bank activity has actually increased since the LGG reset.

Ideally, there will just be a ton of ways to waste LGG -- pets, games, perks, etc. -- and people can use whichever they want, even if that means spend it all on Gaia stuff because they don't care about it. Even that is still a trade for LGG to someone who wants LGG to spend their LGG in another trade.

Economics beautiful. And the deflation is working beautifully too.

So, I'm very optimistic. The forum isn't thriving, but it is greatly improved over January when the changes started.

#11
C0FFINCASE wrote:
^
Is official middleman

Do you understand how currency functions?
If you need 200lgg for 2 million gg, then LGG is the stronger currency. I.e. it's more valuable.


Just because Caltron 6 in 1 is worth $400 doesn't mean someone buys it every day.