Crisis in Second Life

land is affordable now; that is true. we need to broadcast that fact around the net if we want hordes of new newbies. our reputation these days is that sl is too damn expensive to play. that view evolved over the past few months when land prices actually were far too expensive for the average user. i suppose we should've talked about this three months ago when people started flooding onto the grid and right back off again. maybe we could've done something about it then.

well no. that would've required that we put aside our self-centered greed and work to build a world rather than private fortunes. ha ha ha ha ha ha ha sorry, don't know why that strikes me as funny. the general population's perception of us is the crisis. it's our own doing, not ll's. we have to fix this ourselves.

go post this good news in every newsgroup, mailing list and message board you belong to. it'll be a start.

Land is cheap? This argument is just like saying that the US economy is in bad shape. Its obvious that for a while there was a land "bubble" and prices were HIGH. Just because prices are not as high now does not mean land is "cheap".

Unless SL experiences rapid growth like it did as There was coming to an end, I doubt there is any catalyst to drive up land prices again. I'd say "cheap" land prices are here to stay.

Peace out, A-train.
Sheppdogg

In response to Khamon's post and that of some others, I believe what we need is good balance.

It is certainly not good if SL has reputation that you need a lot of RL money to play. However, I believe it helped growth of SL that there was also one reputation of opportunity. We should not make things worse now by creating one situation where SL gets reputation of disappointed promise, people scammed into buying "land" that quickly lost all value, SL economy going down and such thing. Something that is perceived as a faltering economy or in crisis nobody want to join, even not for free.

It is bad enough when some player tells her friend that buying decent piece of land cost 100 US$. But how bad is it if same player now tell her friend that in August she paid 100 US$ to Linden Lab on auctions for land that only weeks later has become almost worthless?

I think what we need is some level of stability and healthy economy. Not overpriced land and L$ one month and then flood with land and L$ that make both plummet in value the next month.

As one world of mine has shifted dramatically today, another--my second one--is looking brighter and more chipper than ever. I'm smiling.

Hope everything is okay in RL, Dae.

So..the crisis is that Land Barons are having a hard time being Land barons these days? Oh no! That makes me..so very very...

HAPPY

Crisis Remixed...

wicky wicky wicky

Well, ya know, the Lindens will keep selling land as long as anyone buys it. So if you want the Lindens to stop selling so much land, then stop buying it for a while.

You need a few more completed auctions with "0" bids before the Lindens will think the market is saturated.

Stop to put declining economies in a box!

Edit: Ok, time for some actual substance.

Myself, I don't see the failure of businesses in SL as a neccesarily bad thing. If you are running your "business" because you like doing it, chances are that you'll continue doing it, even if you aren't making anything off it. Y'know, that whole hobby thing? If you are running your business as an attempt to make a serious profit, then this is the risk you take.

I currently live in Isabel, what I thought was going to be a quiet reisdential sim until the Lindens felt compelled to build a telehub in it. *sigh* Now in my sim, we currently have a lovely "Plush Shop", complete with a gigantic sign made of light, and an extremely large, although seeming well built, mall going in next door. We've already had another mall open and close since the sim has been up. I've noticed this pattern across the grid, with malls popping up everywhere, multiple in a sim. There is only so much demand for commercial space, so it is inevitable that some of these malls are going to have to fold.

All in all, I can't say this is a bad turn of events.

So now everyone's complaining about the very thing that people were predicting would happen? The bottom has fallen out of the land market. It's what we WANTED to happen by LL releasing lots of land. People are upset now? Why?

LMAO, OMG This is tooo funny, I have said it once I will say it again with an "I told ya so attitude" "BE CAREFULL WHAT YOU WISH FOR AS YOU MAY NOT LIKE WHAT YOU GET IN THE END!!" <end Sarcasm>

hehe. I must agree with Shadow on this one, time to reap the rewards of all the low priced land.
You asked for it, you got it.

I'm still waiting for the hordes of people that are going to flood SL because the land is so cheap. And all those people who would tier up because they can now afford the land.

Yeah, right.

The correction of the $L is one that should be of great concern to anyone who has a business model here. As this is going to cause more and more land to be available as people will not be able to pay tier with $L. The whole process can in fact snowball into something worse. The barons, they will be here regardless of the value of the $L or price of land, the people this is hurting most are those with any sort of projects going that intended to pay with $L. Good luck.

:%s/Isabel/Isere/g

:%s/Brian/Lisse/g

:w mystory.txt

(apologies to the non-UNIX users out there - basically I'm saying "ditto" to cousin Brian!)

bleh. basically bleh.

i think a big part of the "problem" is thinking the stuff you buy in sl has some big irl value. the value is what you get to do with it, not holding it and passing it on to your little avi children someday. if your irl income depends on sl investments that's prolly the "problem" right there.

why are people screaming about this? because change is bad. we fear change. must....preserve.....status...quo... stuff changes. gotta get used to it.

just a newbie opinion here but these forums are like talking about a completely different game from what i play. i never bought any L$ with real money. i bought a big chunk of land with a few friends (from Anshe Chung btw hehe) and i don't know or care about its value. the price was reasonable for what we wanted to pay and now we have a great place to live with plenty of prims. there's value.

i never sell anything and i always have plenty of money for what i want.i dunno why anyone would sell anything unless they find playing business fun. it's not necessary. you can have a great second life if you're homeless and poor.

so not busting on anyone but this sounds like drama mongering. there's nothing to get upset about so let's make something. oh well, here's one person who's having an awesome time in sl and wouldn't have noticed this crisis if you hadn't brought it up.

The thing is Zuzi, many people who have been here a while have invested alot of time and effort into their projects and businesses. If the payoff isn't there anymore, you might not have new clothes to buy, nifty vehicles or weapons, because the incentive to make this good stuff just isn't there anymore. So in that sense, the average player like you and I lose out.

Zuzi, with all due respect, there are alot of big SL projects that require the sale of $L to fund them. Regardless of whether players are pulling money out for their RL or their SL the devaluation does have an effect on SL.



I agree that alot of people fear change, but a devaluation of the $L is something many should fear.




Agreed.



IMHO this is a subject worthy of conversation, and not drama mongering. Take a look at gamingopenmarket.com, they had traded over $500,000 USD worth of $L last time I checked. I am glad this doesnt effect you in a bad way, others are going to have bumpy SL roads ahead.

And like I've been saying for quite some time now, depending on the sale of L$ for ANYTHING is a venture doomed to fail.

I disagree, as do alot of others. Regardless, my point was just that it is a worthy topic of conversation.

i feel you Ingrid. i hadn't thought of it like that.

on the other hand, it might be a boost to creativity if it makes people look at doing things for themselves instead of buying from others.

I love being felt up.

take it to a mature forum, you pervs!