On Tue, Nov 18, 2008 at 16:26, Elliott Hird <[EMAIL PROTECTED]> wrote: > On 18 Nov 2008, at 23:09, Geoffrey Spear wrote: > >> This would lead to deliberately driving down the rate to sell them >> cheaply first. > > On the other hand, the RBoA's rates are almost always wrong, it keeps > being scammed, etc. > Just because the PBA has self-adjusting rates doesn't make them right. Take a look at my recent deposit of PV, for an example. Yes, I'll concede that the RBOA was scammable when it overvalued PBA coins, but now that it no longer trades in coins it should function just fine (as it had prior to the PBA).
BobTHJ
