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Lindens are gonna buy back telehub land at L$10/m -- Fair?

Keltrien Baker
Mellow Fellow
Join date: 5 Nov 2005
Posts: 70
12-29-2005 18:30
But it's a different situation. From the sounds of it, what happened to the sales boxes was a bug. It was unintended. If they reimbursed everyone for that, they'd be opening themselves up to have to do it anytime a bug caused losses.

With telehub land, LL sold it at a higher rate then made a policy decision to switch to P2P, grossly deflating the value of the premium land they had sold.

I think this is fair. It'll ease the loss to everyone who took a bath on their telehub land.



From: Aimee Weber
This appears to be a break with tradition.

Around October of 2004 there was a bug that caused the content of sale boxes for many content creators to become full copy/mod/transfer. This Linden bug caused a tremendous amount of content creator's items to become public domain and resulted in huge losses for me and others. Back then, the Lindens said they would not provide any sort of reparations ... and we accepted that.

It would appear that we were too accommodating. It looks like screaming, hollering, and taking ads asking users to turn their backs on Linden Lab is what we SHOULD have done.

Now we know.
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Keltrien Baker
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Merwan Marker
Booring...
Join date: 28 Jan 2004
Posts: 4,706
12-29-2005 18:32
Whistling, just singing a song...



:eek: :eek:
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Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
12-29-2005 18:34
I'll take 100,000 L$

Just for being so fucking cool.
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From: Jesse Linden
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Corwin Weber
Registered User
Join date: 2 Oct 2003
Posts: 390
12-29-2005 18:37
This is wonderful!

Now..... let's discuss my compensation for numerous months of having to deal with teleporting straight into badly built, badly scripted, horrifyingly ugly lag infested shitholes just to get anywhere.
Chip Midnight
ate my baby!
Join date: 1 May 2003
Posts: 10,231
12-29-2005 18:38
Not to be too contrarian, or an LL apologist, but this doesn't bother me at all. I never owned any hub land so this doesn't effect me at all, and if I did I'm sure I'd think it was a nice gesture. Since my attitude is of the "Ya takes your chances. Suck it up" variety it's not at all a stretch to apply the same thinking to a rare act of compensation that doesn't apply to me, even if the precedent it sets might have applied to me at other times in the past. Having said that, I hope LL is prepared for an endless torrent of "what about meeeeeee?!" from now until the end of time.
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Aimee Weber
The one on the right
Join date: 30 Jan 2004
Posts: 4,286
12-29-2005 18:41
I posted on the answers forum. If nothing else, perhaps the Lindens can give content creators tips on how we can conduct ourselves to enjoy the same benefits when a Linden move results in losses for us.
/invalid_link.html



Regarding the Telehub Land Buy Back Offer ...

http://forums.secondlife.com/newthr...newthread&f=139

How does Linden Lab determine when reparations are in order for losses that result from Linden actions?

For example, around October of 2004 content creators were delt a HUGE loss when a bug in the asset server privileges system changed the privs for many of our sale box items to full copy/mod/transfer. While this Linden bug caused huge losses for content creators, I was assured that no reparations were likely or possible. Back then we accepted this and moved on.

There have also been cases where vulnerabilities in SL's security have resulted in the public availability of scripts, again resulting in losses on the part of content creators. Again, with no reparations.

My question is, what is fundamentally different about landownership around telehubs that prompted the buy-back offer? What could we, as content creators, do in future to enjoy the same treatment when faced with similar losses as a result of Linden actions?

Thank you for your consideration on this highly volatile issue.
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Corwin Weber
Registered User
Join date: 2 Oct 2003
Posts: 390
12-29-2005 18:41
From: Chip Midnight
Not to be too contrarian, or an LL apologist, but this doesn't bother me at all. I never owned any hub land so this doesn't effect me at all, and if I did I'm sure I'd think it was a nice gesture. Since my attitude is of the "Ya takes your chances. Suck it up" variety it's not at all a stretch to apply the same thinking to a rare act of compensation that doesn't apply to me, even if the precedent it sets might have applied to me at other times in the past. Having said that, I hope LL is prepared for an endless torrent of "what about meeeeeee?!" from now until the end of time.


In my case it's not so much 'what about me' as 'why should these assholes get compensated for the loss of the ability to screw up my SL experience regardless of them having paid extra for it in the first place?'

It's adding insult to injury really. I say they never should have been allowed to get into that position in the first place and I'm glad to see them lose money over it.
Gabe Lippmann
"Phone's ringing, Dude."
Join date: 14 Jun 2004
Posts: 4,219
12-29-2005 18:42
From: Chip Midnight
Not to be too contrarian, or an LL apologist, but this doesn't bother me at all. I never owned any hub land so this doesn't effect me at all, and if I did I'm sure I'd think it was a nice gesture. Since my attitude is of the "Ya takes your chances. Suck it up" variety it's not at all a stretch to apply the same thinking to a rare act of compensation that doesn't apply to me, even if the precedent it sets might have applied to me at other times in the past. Having said that, I hope LL is prepared for an endless torrent of "what about meeeeeee?!" from now until the end of time.


That's well stated, but I'm still going with Corwin on this because it made me laugh. :D
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Cory Edo
is on a 7 second delay
Join date: 26 Mar 2005
Posts: 1,851
12-29-2005 18:43
From: Keltrien Baker

With telehub land, LL sold it at a higher rate then made a policy decision to switch to P2P, grossly deflating the value of the premium land they had sold.



LL sold telehub land at the same rate as all the other land they sold - that is, the market and the people who bid on the land determined the price. The resale got jacked up higher by those who bought from auction, touting telehub land as a way to sell more stuff, or something. (I never understood that last part myself.)

Do I think this compensation is fair? Nope. Loss is a part of business. The fact that the purchasers of telehub land artificially inflated the prices shouldn't mean that they're due some sort of compensation. I'd say reimburse the scripters who's stuff was busted by 1.7 first.
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Jonquille Noir
Lemon Fresh
Join date: 17 Jan 2004
Posts: 4,025
12-29-2005 18:45
From: Keltrien Baker

With telehub land, LL sold it at a higher rate then made a policy decision to switch to P2P, grossly deflating the value of the premium land they had sold.

I think this is fair. It'll ease the loss to everyone who took a bath on their telehub land.


LL did not sell hub land at a higher rate. It started at the same rate as every other bit of land did. It was land barons and other residents that bid up the price as they competed with each other, so that they could build laggy, hideous malls and rent the land out at a ridiculous price and turn a nice profit. Maybe anshechung.com and other barons should be giving the reimbursement.

Will the same people that get their land bought back by LL be giving refunds to anyone who was paying them rent for Hub land?
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Corwin Weber
Registered User
Join date: 2 Oct 2003
Posts: 390
12-29-2005 18:48
From: Jonquille Noir
LL did not sell hub land at a higher rate. It started at the same rate as every other bit of land did. It was land barons and other residents that bid up the price as they competed with each other, so that they could build laggy, hideous malles and rent the land out at a ridiculous price and turn a nice profit. Maybe anshechung.com and other barons should be giving the reimbursement.

Will the same people that get their land bought back by LL be giving refunds to anyone who was paying them rent for Hub land?


Now now my dear... you know better.

'The Market' only happens to the other guy.
Cristiano Midnight
Evil Snapshot Baron
Join date: 17 May 2003
Posts: 8,616
12-29-2005 18:49
From: Keltrien Baker

With telehub land, LL sold it at a higher rate then made a policy decision to switch to P2P, grossly deflating the value of the premium land they had sold.


LL didn't sell the land at a higher rate. The land was bid up to higher rates by those buying it in auction, then market up even more and promoted as being deserving of premium rates because of the draw of the telehubs. The land was grossly inflated, the rents were grossly inflated, and the market changed. Boo hoo - it happens in business all the time.
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Ingrid Ingersoll
Archived
Join date: 10 Aug 2004
Posts: 4,601
12-29-2005 18:50
From: Jonquille Noir
Now that LL has set a precedent, I would like compensation for the beachfront land I had that LL devalued by selling the surrounding Protected Land. L$8/m2 will be fine. I'm not greedy.

I'd also like L$ compensation for all the hard work and inventory LL fucked up with their bugs, all the lost items, all the permissions bugs that gave it all away free. At the VERY least I'd like to be refunded for the thousands in Upload costs due to LL mistakes.

You can either settle with $Lindens or credit my PayPal account.

Thanks.


Thank you come again. This is where the thread should end.
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Chip Midnight
ate my baby!
Join date: 1 May 2003
Posts: 10,231
12-29-2005 18:50
From: Corwin Weber
In my case it's not so much 'what about me' as 'why should these assholes get compensated for the loss of the ability to screw up my SL experience regardless of them having paid extra for it in the first place?'

It's adding insult to injury really. I say they never should have been allowed to get into that position in the first place and I'm glad to see them lose money over it.


I was never a fan of the hubs and rarely ever saw one fully rezzed. I always flew up to cloud level and away immediately. But... the whole intent behind the hubs in the first place was to create commercial areas. Hard to fault people who did just that, even if they didn't appeal to me personally.
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Enabran Templar
Capitalist Pig
Join date: 26 Aug 2004
Posts: 4,506
12-29-2005 18:51
What a tremendous heap of horseshit.

I wonder what the economic impact of all that manufactured L$ is going to be.
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Weedy Herbst
Too many parameters
Join date: 5 Aug 2004
Posts: 2,255
12-29-2005 18:58
From: Enabran Templar
What a tremendous heap of horseshit.

I wonder what the economic impact of all that manufactured L$ is going to be.


Good point.

I doubt telehub mall owners will be refunding any of the rent money to merchants as well.

This whole thing smells.
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Aaron Levy
Medicated Lately?
Join date: 3 Jun 2004
Posts: 2,147
12-29-2005 19:04
From: Enabran Templar
What a tremendous heap of horseshit.

I wonder what the economic impact of all that manufactured L$ is going to be.


Very good question. I wonder what they will say, if anything?

/invalid_link.html

Personally, I think it will be very unethical to simply manufacture this L$ and use it to buy back the telehub land.

But then again, buying it from their own exchange, or any L$ source seems fishy, too, because only a few people would benefit from a big buyout like that.

Fishy, fishy indeed.
Ricky Zamboni
Private citizen
Join date: 4 Jun 2004
Posts: 1,080
12-29-2005 19:07
From: Aaron Levy
Very good question. I wonder what they will say, if anything?

/invalid_link.html

Personally, I think it will be very unethical to simply manufacture this L$ and use it to buy back the telehub land.

But then again, buying it from their own exchange, or any L$ source seems fishy, too, because only a few people would benefit from a big buyout like that.

Fishy, fishy indeed.

I think we all *know* they're just going to create the L$ from their printing press. Asking the question at all is simply a way to embarrass them and point out the extent to which this move was not thought out.
Huns Valen
Don't PM me here.
Join date: 3 May 2003
Posts: 2,749
12-29-2005 19:08
From: Keltrien Baker
But it's a different situation. From the sounds of it, what happened to the sales boxes was a bug. It was unintended. If they reimbursed everyone for that, they'd be opening themselves up to have to do it anytime a bug caused losses.

With telehub land, LL sold it at a higher rate then made a policy decision to switch to P2P, grossly deflating the value of the premium land they had sold.

I think this is fair. It'll ease the loss to everyone who took a bath on their telehub land.

If I accidentally crash into your car and put you in traction for six months, I'm still liable for it, even if I toooootally didn't mean to do it. Like that old guy in Jurassic Park said, "I don't blame people for making mistakes, but I do expect them to pay for them."

I've lost content due to sims crashing and rolling back, or due to scripted objects (vehicles) getting lost during a bad sim handoff, and had other losses due to some LL developer's bright idea to do permission checks client-side. I have never seen a dime for any of this. There was some talk of compensation, but LL's stance was, "How do we assign value to it?" I replied that they ought to just make us an offer, and that was the last I've heard of it. (However, LL is taking other action against the July hackers that some of us may find more fulfilling than a lump sum of L$.)

Yet, people who bought telehub land - many of whom built fucking traps to hold people in the area while everything was rezzing for newly teleported travelers - this "core" of pepole (oh yes, I went there) who benefited from a teleporting system that put travelers at a disadvantage and annoyed the hell out of quite a few people for over two years - get $10 a square meter?

Here's my opinion. I think LL should either compensate everyone who gets put at a disadvantage due to LL's actions (regardless of whether it's on purpose or not), or no one. Their ntention can be good, bad or neutral: it doesn't matter, we've taken hits regardless.

From: Enabran Templar
What a tremendous heap of horseshit.

I wonder what the economic impact of all that manufactured L$ is going to be.
From what they've said in the past, it won't be "manufactured." Instead, it will come out of the global pool of money that they grow with the member base. In English, this probably means it's coming out of our bonuses.
Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
12-29-2005 19:26
From: Aaron Levy

But then again, buying it from their own exchange, or any L$ source seems fishy, too, because only a few people would benefit from a big buyout like that.
.


Funnily enough - probably the people they are giving it back to!

I just treat it as the price of a mug of STFU.. maybe now we'll finally stop having to listen to the bellyaching.
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From: Jesse Linden
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Cristiano Midnight
Evil Snapshot Baron
Join date: 17 May 2003
Posts: 8,616
12-29-2005 19:27
From: Siggy Romulus
Funnily enough - probably the people they are giving it back to!

I just treat it as the price of a mug of STFU.. maybe now we'll finally stop having to listen to the bellyaching.


If only - now we are going to have to listen to a litany of "it's not enough" complaints.
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Nolan Nash
Frischer Frosch
Join date: 15 May 2003
Posts: 7,141
12-29-2005 19:29
From: Cristiano Midnight
If only - now we are going to have to listen to a litany of "it's not enough" complaints.

Or - "It's too late -- I already sold my hub land!!! ZOMFG! FIC is behind this!!"
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Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
12-29-2005 19:34
From: Cristiano Midnight
If only - now we are going to have to listen to a litany of "it's not enough" complaints.


Sounds like its time to make my 'trailer trash anal bleaching table' - I use only the finest clorox - and trust me, you'll know when you've had enough.

Also available : Duct Tape Brazillians for a nominal fee!
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From: Jesse Linden
I, for one, am highly un-helped by this thread
SuezanneC Baskerville
Forums Rock!
Join date: 22 Dec 2003
Posts: 14,229
12-29-2005 19:36
From: Juro Kothari
Living in proximity to LL's offices affords nothing other than a sweet SF zip code.
Some group used some technique to put a dollar value on the view in San Francisco. Don't ask me how. They came up with a value of 20,000 dollars a year.

Living in SF does have sme perks other than a zip code.


There was a big bunch of talk about the effects of p2p on telehub area landowners before it took effect, but it seems to have dropped of, so far as I was aware.
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SuezanneC Baskerville
Forums Rock!
Join date: 22 Dec 2003
Posts: 14,229
12-29-2005 19:40
From: Juro Kothari

I want to be reimbursed for having to read that nonsense. ;) (work with me here, Suzanne, we might just get something!)

I agree, Juro deserves compensation for reading my silly posts, which he wouldn't have been confronted with if SL hadn't transmitted them.

How much is my take gonna be Juro?
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