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Banned players' sale items -> off sale

Hiro Pendragon
bye bye f0rums!
Join date: 22 Jan 2004
Posts: 5,905
07-25-2005 18:02
Please change it so that when a player is banned, all items owned and sold by that player are no longer for sale. Else it is simply an economic leak, because as I understand it, the money goes into a black hole.
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Hiro Pendragon
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Strife Onizuka
Moonchild
Join date: 3 Mar 2004
Posts: 5,887
07-25-2005 19:19
I don't see an issue with it being an economic black hole, considering that it such a small amount, and considering the money supply is growing.

mpw = million Lindens Per Week

Money comes into the system from
Stypend - about 9mpw enter this way
Ratings Bonus - probably about 1mpw
Dwell - No idea but lets say about 1mpw

Money leaving the system
Ratings - about 0.2mpw
Group Land Fees for listing in Find - 0.3mpw
L$ For Tier Fee - no way of estimating but likely zero.

So we have a system that is gaining about 10mpw
But those are just estimates seem a bit high to me, especialy compaired to the historical money supply (which is no longer a released statistic {url})
See this thread for economy stats
Back in january there was 163Million lindens in the system, and was gaining about 5mpw.
At that rate, we would have about 300Million Lindens in the system. But remember the rating bonus was halved, so lets figured things dropped to 3mpw, historicly the delta of mpw has been about 0.5mpw per month

So realisticly we are taling something like 250Million Lindens in the system give or take 20 million.

Lets say 1 out of a thousand objects sold goes into a banned account,
in any given week there are 200,000 transactions.
The average object sells for about 300L$
The number of lindens going into dead accounts is then about 0.06mpw
A drop in the bucket.

We don't need fewer sinks in the economy, we need more.


We need more products not fewer.
_____________________
Truth is a river that is always splitting up into arms that reunite. Islanded between the arms, the inhabitants argue for a lifetime as to which is the main river.
- Cyril Connolly

Without the political will to find common ground, the continual friction of tactic and counter tactic, only creates suspicion and hatred and vengeance, and perpetuates the cycle of violence.
- James Nachtwey
Strife Onizuka
Moonchild
Join date: 3 Mar 2004
Posts: 5,887
07-25-2005 19:55
Right now the economy is unstable because the vast majority of it coming into the game is going directly into the pockets of a very few. Which is shown by the steady decline in the median balance and explains the drop of value of the L$ on GOM.

Put simpily, a minority of people are investing in thier RL wallets instead of spending thier L$s on inworld items. This devaluation directly hurts SL as it makes products worth less and less, while driving the average user more and more poor (hence the decine in median balance).

For SL to recover from this, the stypened needs to be raised and dwell bonus reduced. This will force content providers to do more then just get digital bodies, it will force them to make the digital bodies fork up L$ (they would have to inovate to stay competative). The median balance would go up, the value of the L$ would go up. Sure the money will be exiting to GOM in much the same way but there will be greater diversity in the market and more of the money will be locked away out of the grasp of GOM.

A change like this would only tighten the belts of content providers, who are getting fat and lazy off LL and not the user base. It might hurt the price of land as it would reduce the automatic return potential from digital body mining.
_____________________
Truth is a river that is always splitting up into arms that reunite. Islanded between the arms, the inhabitants argue for a lifetime as to which is the main river.
- Cyril Connolly

Without the political will to find common ground, the continual friction of tactic and counter tactic, only creates suspicion and hatred and vengeance, and perpetuates the cycle of violence.
- James Nachtwey