Second Life Forums Archive - Linden Dollars continue to fall! GOM take away the new "Sell at best Price" option.

blaze Spinnaker

1/2 Serious

Join date: 12 Aug 2004

Posts: 5,898

08-16-2005 18:15

So does this mean more people are going to buy my virtual content because it's now cheaper?

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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :

"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."

Hiro Queso

503less

Join date: 23 Feb 2005

Posts: 2,753

08-16-2005 18:16

From: blaze Spinnaker

So does this mean more people are going to buy my virtual content because it's now cheaper?

No it means they pay the same US$ equivalent as they did before

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Ardith Mifflin

Mecha Fiend

Join date: 5 Jun 2004

Posts: 1,416

08-16-2005 18:28

Awww. Hiro's post seems to have disappeared down the Memory Hole.

Hiro Queso

503less

Join date: 23 Feb 2005

Posts: 2,753

08-16-2005 18:30

From: Ardith Mifflin

Awww. Hiro's post seems to have disappeared down the Memory Hole.

ah if you mean the one that was here? After reading it I realised it was a load of crap, and perhaps an indication I should get to bed soon

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Foulcault Mechanique

Father Cheesemonkey

Join date: 28 Mar 2005

Posts: 557

08-16-2005 18:47

From: Lordfly Digeridoo

That hasn't been a used feature since 1.2. I don't think anyone even used it.

LF

yeha can't find the page now but it was up...two months ago? I haven't been here very long only a few months so it was still being accepted just not popular. Also kinda interesting everyone says xxx L$ = xxx USD when basicly LL gave the value there. LOL

_____________________

Foulcault
"Keep telling yourself that and someday you just might believe it."

"Every Technomage knows the 14 words that will make someone fall in love with you forever, but she only needed one.
"Hello""
Galen from Babylon 5 Crusade

From: Jeska Linden

I'm moving this over to Off-Topic for further Pez ruminations.

nimrod Yaffle

Cavemen are people too...

Join date: 15 Nov 2004

Posts: 3,146

08-16-2005 19:36

How do you all think Ginko with their investments are handling this?

Lordfly Digeridoo

Prim Orchestrator

Join date: 21 Jul 2003

Posts: 3,628

08-16-2005 19:43

From: Hiro Queso

As a rough guess, I would say a good 75% minimum of my tenants are premium account holders.

Do you guys see this drop (if sustained) affecting content pricing?

I'm not going to be changing my prices, as I tend to see them as either a long-term investment (custom work) or a significant investment (prefab home).

People will probably try to fiddle with pricing, but if I'm not mistaken, prices have more or less been the same since I started... although some of my competitors... christ, they charge a lot

LF

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Mac Beach

Linux/OS X User

Join date: 22 Mar 2002

Posts: 458

08-16-2005 19:55

There is a general rule in aquarium keeping that the larger the tank the easier it is to achieve success.

Why do I mention this? Because economies work that way as well. Goldfish and Betas can live in very small bowls because it is very hard to kill goldfish and betas. But whatever your fish of choice, put them in a larger tank, and if they don't die right away, then the rule comes into play that the larger the tank the better. Whatever is wrong, or right about the tank you put your fish in, it STAYS that way longer if the tank is large.

Economies are that way too. Think of the Linden dollar as being a goldfish bowl and the US dollar as being the Atlantic Ocean (or Pacific depending on your coastal preference). Then too, SL itself is a goldfish bowl when compared to the world, or even a good sized city's population.

As the number of SL users grow, and as the total pool of LL dollars grows, the fluctuations will all smooth out. In fact, ultimately the best thing to do will be to dispense with the LL$ concept altogether and just trade in some real-world currency (presumably US dollars). I think we are a long ways from that though (do you want a scripting bug to be able to empty your real world checking account?) but worries about the volatility of LL$s is way premature. OF COURSE they are going to swing wildly and be subject to artificial manipulation. You can say the same thing about some South American currencies. That's life in a small fish tank.

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Linden Dollars continue to fall! GOM take away the new "Sell at best Price" option.
blaze Spinnaker 1/2 Serious Join date: 12 Aug 2004 Posts: 5,898	08-16-2005 18:15 So does this mean more people are going to buy my virtual content because it's now cheaper? _____________________ Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds : "User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
Hiro Queso 503less Join date: 23 Feb 2005 Posts: 2,753	08-16-2005 18:16 From: blaze Spinnaker So does this mean more people are going to buy my virtual content because it's now cheaper? No it means they pay the same US$ equivalent as they did before _____________________
Ardith Mifflin Mecha Fiend Join date: 5 Jun 2004 Posts: 1,416	08-16-2005 18:28 Awww. Hiro's post seems to have disappeared down the Memory Hole.
Hiro Queso 503less Join date: 23 Feb 2005 Posts: 2,753	08-16-2005 18:30 From: Ardith Mifflin Awww. Hiro's post seems to have disappeared down the Memory Hole. ah if you mean the one that was here? After reading it I realised it was a load of crap, and perhaps an indication I should get to bed soon _____________________
Foulcault Mechanique Father Cheesemonkey Join date: 28 Mar 2005 Posts: 557	08-16-2005 18:47 From: Lordfly Digeridoo That hasn't been a used feature since 1.2. I don't think anyone even used it. LF yeha can't find the page now but it was up...two months ago? I haven't been here very long only a few months so it was still being accepted just not popular. Also kinda interesting everyone says xxx L$ = xxx USD when basicly LL gave the value there. LOL _____________________ Foulcault "Keep telling yourself that and someday you just might believe it." "Every Technomage knows the 14 words that will make someone fall in love with you forever, but she only needed one. "Hello"" Galen from Babylon 5 Crusade From: Jeska Linden I'm moving this over to Off-Topic for further Pez ruminations.
nimrod Yaffle Cavemen are people too... Join date: 15 Nov 2004 Posts: 3,146	08-16-2005 19:36 How do you all think Ginko with their investments are handling this?
Lordfly Digeridoo Prim Orchestrator Join date: 21 Jul 2003 Posts: 3,628	08-16-2005 19:43 From: Hiro Queso As a rough guess, I would say a good 75% minimum of my tenants are premium account holders. Do you guys see this drop (if sustained) affecting content pricing? I'm not going to be changing my prices, as I tend to see them as either a long-term investment (custom work) or a significant investment (prefab home). People will probably try to fiddle with pricing, but if I'm not mistaken, prices have more or less been the same since I started... although some of my competitors... christ, they charge a lot LF _____________________ ---- http://www.lordfly.com/ http://www.twitter.com/lordfly http://www.plurk.com/lordfly
Mac Beach Linux/OS X User Join date: 22 Mar 2002 Posts: 458	08-16-2005 19:55 There is a general rule in aquarium keeping that the larger the tank the easier it is to achieve success. Why do I mention this? Because economies work that way as well. Goldfish and Betas can live in very small bowls because it is very hard to kill goldfish and betas. But whatever your fish of choice, put them in a larger tank, and if they don't die right away, then the rule comes into play that the larger the tank the better. Whatever is wrong, or right about the tank you put your fish in, it STAYS that way longer if the tank is large. Economies are that way too. Think of the Linden dollar as being a goldfish bowl and the US dollar as being the Atlantic Ocean (or Pacific depending on your coastal preference). Then too, SL itself is a goldfish bowl when compared to the world, or even a good sized city's population. As the number of SL users grow, and as the total pool of LL dollars grows, the fluctuations will all smooth out. In fact, ultimately the best thing to do will be to dispense with the LL$ concept altogether and just trade in some real-world currency (presumably US dollars). I think we are a long ways from that though (do you want a scripting bug to be able to empty your real world checking account?) but worries about the volatility of LL$s is way premature. OF COURSE they are going to swing wildly and be subject to artificial manipulation. You can say the same thing about some South American currencies. That's life in a small fish tank. _____________________ Visit My Blog

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Linden Dollars continue to fall! GOM take away the new "Sell at best Price" option.