Ok! Who pushed the TBT exchange rate back up to 800k again?

Q: Who pushed the TBT exchange rate back up to 800k again?

A: who cares


Seriously though, why are people surprised? This will always be a thing and isn't going to stop anytime soon unless the staff decides to do serious crackdowns on. Which considering their stance on the TBT exchange rate expressed through earlier posts probably won't ever happen.

Plus even if it were to be, the extent they could crack down on would be very limited and probably not at all effective really.
 
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LambdaDelta said:
Q: Who pushed the TBT exchange rate back up to 800k again?

A: who cares


Seriously though, why are people surprised? This will always be a thing and isn't going to stop anytime soon unless the staff decides to do serious crackdowns on. Which considering their stance on the TBT exchange rate expressed through earlier posts probably won't ever happen.

Plus even if it were to be, the extent they could crack down on would be very limited and probably not at all effective really.
Click to expand...

Preach it!
 
actually wait I know a way they could affect the market without actually doing anything in terms of crackdown


just gift everyone 100k TBT bells while keeping all shop items the same
 
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are people really comparing this to an actual economy system
it's different in real life lol
there exist recessions, depressions, and other fluctuations in the value of a currency because of credit and debt cycles

here on TBT, money just appears from thin air
from posting virtual text on a virtual forum
and in the game, money appears and disappears in a snap-- once you buy or sell from an NPC, it vanishes or is conjured up again from thin air (ie. buying turnips from Joan & selling them to Reese.)
the rate at which people make money in animal crossing and the rate at which TBT bells are earned will determine the value of each currency in the long run
since it's (arguably) easier to earn AC bells than TBT bells (unless you intend on spamming up the forums)(not literally), the value of the AC bells are going to decrease and therefore you're going to need to pay up more AC bells
 
5 seconds later - Hello, I am selling 100 TBT for 950k! You can buy 1000 for 20mil! What a deal!

i swear people are going to give up on buying them once the pokemon promo ends and the price gets too high
 
This should definitely be notified to one of the moderators and maybe they could help us out... ^_^
 
The mods know lol. They'll close this topic real fast.
BECAUSE WHO CARES, really. It's virtual currency being bought for more virtual currency.
 
Marii said:
here on TBT, money just appears from thin air
Click to expand...
This^ I wish I could get real life money from socializing with other people. Gosh I'd be rich.

Anyway, that's life ~ people want to buy TBT bells so they have to beat the current marketing price to get customers. If you can afford it then go for it but I don't think it's worth the fuss really.

Honestly, I'd make more of a big deal about it if it were trading in game bells for real bells - this would never happen obviously so I'll never care.
 
why is it so important anyway?
this whole thing is a fiesta of people saying the prices are crap. anyone can push up the price if they like.
 
I don't even care about it anymore, lol. What are the mods going to do? No one is breaking any rules.
 
"2 million bells - 100 tbt bells exchange rate'

it could happen. rates will always go higher, as most of you imply.
 
Its gonna keep going up. Sad, but for someone who doesnt buy tbt, this is a good change.
 
Twiggy said:
Its gonna keep going up. Sad, but for someone who doesnt buy tbt, this is a good change.
Click to expand...

I hope that these people aren't grinding for bugs as much as I was when I bought TBT bells. Or they could be duping, but no one can prove that. XD
 
In my opinion, Pok?mon X/Y codes will have very little effect in the exchange rate from TBT to bells.
The only thing that can happen to TBT Bells at the moment is go up.

Why?

At the moment, the price is rising due to more demand for TBT Bells.
Hence, we can fairly state that more people are buying than selling.
If people still continuously buy for the same price, people will not want to sell for less than the price people are buying for, and so therefore will stay the same.
And so, the only change in the exchange of TBT bells to bells will only rise, due to the fact that people attempt to have higher prices on the exchange rates of in-game bells to TBT bells in comparison to others.

It is VERY unlikely that people will decide to sell for less than people are buying for, but, if this occurs, then yes, the price will go down.​
 
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KarlaKGB said:
Can someone evaluate the time value of both TBT bells and AC bells?
Click to expand...

Seeing as both are virtual currency, technically, there is an infinite stock of in-game bells and TBT bells, and so is entirely dependent on both the time value, and the buying demand and selling demand of people on here.

The time value of TBT Bells is obviously far less than in-game bells, as they are far harder to earn.

Sadly, as the price/exchange rate of TBT Bells go up, it makes it MORE and MORE hard to earn them.

Also, due to the fact that it is VERY unlikely that people will sell for less than what is already being bought for, the selling demand is entirely ruled out, aka, only the time value and the buying demand are effecting the exchange rate, both of which are making the value of TBT bells go up.

In my opinion, there are too many TBT Bells on this forum to cause a dramatic increase in price, so will probably rise slowly from this point on.

In-game bells are extremely easy to earn, and hence, there has been a hyperinflation, in that TBT Bells are of high value due to there being far less of the currency, and in-game bells being of far less value due to there being far more of the currency.

However, there is a chance that the value of TBT bells will go down due to the Pok?mon X/Y codes, in that it will decrease the buying demand slightly.
 
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F L a K e said:
Seeing as both are virtual currency, technically, there is an infinite stock of in-game bells and TBT bells, and so is entirely dependent on both the time value, and the buying demand and selling demand of people on here.

The time value of TBT Bells is obviously far less than in-game bells, as they are far harder to earn.

Sadly, as the price/exchange rate of TBT Bells go up, it makes it MORE and MORE hard to earn them.

Also, due to the fact that it is VERY unlikely that people will sell for less than what is already being bought for, the selling demand is entirely ruled out, aka, only the time value and the buying demand are effecting the exchange rate, both of which are making the value of TBT bells go up.

In my opinion, there are too many TBT Bells on this forum to cause a dramatic increase in price, so will probably rise slowly from this point on.

In-game bells are extremely easy to earn, and hence, there has been a hyperinflation, in that TBT Bells are of high value due to there being far less of the currency, and in-game bells being of far less value due to there being far more of the currency.

However, there is a chance that the value of TBT bells will go down due to the Pok?mon X/Y codes, in that it will decrease the buying demand slightly.
Click to expand...

Not to mention a large proportion of the TBTB are not in open circulation and just being held by hoarders.
 
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