lets bring the linden back up!

i wasnt sure the best place to start this post so here it is!

i wanted to talk about the auctions and ask how other residents would feel if LL made more or all of the auctions linden $$ auctions, taking US out or just a few of them. that would seem to create more of a need for L$ for players buying on auction or in-game (which is linden only) it would also give the land barrons a reason to keep some $ in their pocket and off the market. just a thought what do you think? what are the pros and cons of such an idea?

Pros: no one pays money for auctions for a while.

Cons: Land barons still end up sucking up the land without having to use their credit card.

LF

I think LL needs a financial forum.

Okay, yeah the L$ is down.

here's my theory as to why:

Dwell and ratings. It's vapor currency.

We all know the rating system does not represent an accurate model of skill at building, appearance, and clearly not behavior, very very few are deserving of their position on the leader boards. it's just a way to play a system against itself to further your pocket book.

On Dwell, we know that sytem can be inflated and tweaked as well, maybe you have seen my post on the Dwell Zombies (also available in Escort Zombie flavor, in 5 colors: gang green, jaundice yellow, rotting red, bilous blue, and festering fuscia. Soon available in mouldering mauve. but, I digress.

The point is....

Money is being dumped into the system that I would guess maybe 33% is unwaranted and gifted to our swirlie bowl action economy to people that have earned it unscrupulously(spellcheck in aisle 3)

ok my solution is drastic and people will gasp in horror.

eliminate dwell and ratings altogether...
wait club owners and people with little skill except for event hosting will complain a lot, and we would have to read about it on the boards


or 10L$ prim rez tax...
wait the prim rez tax only hurts builders, and we would see inflated prices and people complaining about that...

how about this instead, I raise my zombie prices and everyone buys some for evil purposes (no, really they are not evil secret armies of undead that have been programmed and brainwashed to follow my orders, and I would never want an evil army of undead to scamper forth into the night preying on the brains of your loved ones...(that would be irresponsible))

so stop in at CRAZEEEE Ferran's used Zombie Lot and reserve a zombie color today! It's the only sure way to repair the economy!

Well, it's not an official LL forum, but over at Gaming Open Market, we've got quite the community developing. Come on over and check out what your fellow SL residents have to say about the state of the economy!

Gaming Open Market forums

Radical Idea : Make things worth buying.

Theory : someone is more inclined to buy game money for real life dollars if there is something they wish to buy.

I'd like to see it proven or disproven. I know for a fact there was a ripple across the L$ prices when Chip Midnight first did his photo skins. Pretty much the day he announced it.

Siggy.

......Photo realistic zombies

I endorse the idea of getting rid of dwell payments.

-AP

setting aside zombies a moment and getting serious (now that Ive sobered up...) Im serious about the elimination of two broken systems.

They are like if the US Treasury decided to print extra money and hand it out to people who had house guests, or people that looked acted and maybe even smelled nice.

it is as I said vapor money, there is no value backing it up, no tangible goods.

Look at RL entertainment venues, they make money from admission / cover charges that the customers pay, or products that they sell in their establishment.

I realize this would cause a lot of problems, but I would also like to see the permission system set up so we can have retailer outlets the way they work in the real world. I would like to see clubs that have events running that people would pay to go to.

I believed, and still do, that the driving force behind SL is content development and NOT tricking the system to get free government cheese

looking for food stamps? They are available at the GOM / IGE.

I would imagine that the CFO of Linden Lab might object to this idea. This impacts LL's bottom line.

They might as well go to GOM and buy up L$. Same difference... (and neither will be happening soon, if I had to hazard a guess).

- Ace

LMAO, um Ace LL makes more money off Land Tier than they ever would off of any auction ...trust me on this.


Shadow

What, like when Dubya sent us all "tax refund checks" that ruined the economy?

MORE ZOMBIES, MORE RUM, LESS SOBER FERRAN!

Please dont take away my rates. It's the only way I get money right now. It's very hard to compete with the builders and clothing designers that are out there when you're a n00b.


PS. I do work for my rates. I try to be entertaining and brighten up peoples days, so that could be considered a service.

dunno, I think I'm down with getting rid of dwell L$-- and ratings,.. far too many people have it as their only source of income, I'd rather see what kinds of things people build and sell so that the world grows.
and, I don't really see LL as a co. thats over concerned about their bottom line. If they were, they would sell their own currency don't you think?


--And, as far as new residents getting an income, you would still get a stippend.. and I don't feel its fair to say all new people think that way,.. I've seen soo much more talent in new residents since i was a kiddie-- and aren't there still classes to learn how to make objects, scripts, etc?..

Ya, that's easy to say when you are creative or can understand scripting. Some people have other talents and saying only creative people should get money in this game is kinda crappy.

I try to do things and I'm getting better at them, but I dont see myself as being any bit competative in any of these fields any time soon. As far as the stipend goes, that allows me to buy a couple of things and the I'd be broke. If I wanted that I would just stick to RL.

Thats ridiculous... not everyone plays SL to create and if everyone could or wanted to create, you, myself and others would be out of business.

I can't imagine why anyone buys any significant quantity of points unless it is (1) to cash in currency from another game or (2) to buy land for $L.

We haven't had another game go under recently--if one does, the $L will go up.

Land prices are down right now. If land prices go up, the $L will go up.

And, of course, if someone comes up with that killer must-have item, that will help--but not much, since most people will either use points in hand or just save up and buy.

I payed cash to get L for my land. I would have to spend nothing for a month to get it otherwise.

Yes and no... Long-term, of course LL likes recurring revenue more than one-time revenue.

On the other hand, a sim's auction value is around 6 months worth of land-tier fees (give or take). That's certainly not chump change.

- Ace

I'm sorry, I didn't mean to come off like that, but I know we all have our 'rough' periods, I didnt make a single decent thing until about 6 months into SL,.. it takes a lot of time and energy to do what we do.. perhaps the solution could be getting more mentor/class things to help out?



--and adding more designers, creators woudln't put me out of business, it would simply drive me to do create more,... and possibly buy more :).. I don't feel that any other designer in SL hurts me, in fact I surround myself with some of my favorites :)

I didnt mean competition would put you out of business, but forcing people to creat thier own because they cant afford them WOULD put you put of business.
I think you need to think a bit more about what you are saying here. And again not everyone plays SL to create.

What I would suggest is more Linden sponsored services that cost L$ to use that are maybe a bit more expensive for the uber rich to use.

That way the really rich could get something special at the same time as taking a wad of cash out of the economy.

It would be voluntary and so fair unlike a rich person tax.

I havent really been around long enough to know what the game doesnt have but someone might find interesting or usefull enough for people to blow Linden on. Anything that takes the money out of the economy without forcing people to pay would be a good thing though.

No I dont nessasarily play to create or that's what I would be doing.. I am making my own house though and plan on making a few things for it that I cant find in the world, but creating is not why I play.

The entire thread is moot now. The L$ is in the tank over on GOM.

- Ace

What that means is non creative people will actually have to host events worth attending, for instance BINGO, people throw money into a pot and have a chance at winning some of it. Or Casinos, they will always be around.

It would be a shift in the way things would be done that's for sure. and even now, the Lindens are looking at replacement systems. Link Here.



Some one buys it, that's for sure, GOM has made almost 600,000 USD in trades. It's absoloutley no different from someone buying a ticket to a movie or a concert, they are paying for entertainment. If someone wants to sell the time they spent earning the game money (which is really what it boils down to) then someone can buy that time from them and save themselves the trouble of time investment. A lot of developers invest large portions of their RL time to developing items for the community.


This is EXACTLY what I am talking about by time investment, NOBODY is saying you MUST buy L$, but if you want to the option is available for you to get more enjoyment from SL quicker.



These are poor assumptions, waiting for a dark day or crisis to improve the economy is not a solution at all, it's a prayer.


As Mistress Said....

and....


which means.... There are plenty of great things out there to buy... The problem is.... there is too much L$ in the market, if the US treasury suddenly doubled production, the US dollar would plummet in value.

Why is it going down so steadily?