End the Stipends....just a thought..

Jan 1 - March 4th Hoover

On March 4th- FDR was sworn in.

However after World War 2 a Gold standard was reintroduced - which was ended in 1971

When Nixon was President.

The Gold Standard was also abandoned during World War 1 (Wilson)

One potential problem with a Gold Standard is it limits on the money supply - Potentially cuasing Deflation.

We could not go back to the Gold Standard easily now, reguardless- the ammount of money in circulation compared to the fact that Gold's value hasnt raised in step with Inflation would mean wed need far too much gold to make it feasible.

...This is the second completely unrelated forum into which the words "Nixon" and "gold standard" have appeared in.

Creepy.

Colette always has the answers

The more you take and take and take, the less we want to give. Premium membership has lost enough perks, leave the damn thing alone.

I pay LL 10 USD a month, for that I get roughly 9 USD worth in virtual Linden Dollars, and the ability to have a 512sqr mtr patch of virtual land. What does not compute here for you? Sure, many people take the premium membership only to get land. But there are also those who take the premium membership for the controlled weekly pocketmoney, and still never bought their own plot (I actually have a stray cat living in my home who is a premium member since last year but never bought even one square meter of land).
If you can miss it, then just walk over to a random moneytree and donate it there. Or send it to a neighbour who you know has quit playing months ago. Or just ignore it, and spend it like all the rest of your money.

they also sell to increase their profits, remeber every linden brought from them is %100 profit seeing as they dont have to pay for it in the first place, so i guess the idea of doing away with stipend is so people buy more from them.

Premium accounts are ALREADY buying L$ from them but at a fixed recurring payment that is not affected by fluctuations in the market. So LL can be reasonably certain of receiving that revenue.

But is it the same stipend ratio for people who pay LL $195 per month?

Are you talking about private island owners who do not even need to be premium or premium players who own whole mainland sims?

You could argue that when you paying that much, every little bit helps.

LL may well be looking to end stipends to increase the amount of L they sell each month versus the negative effect on decreasing prem members, also starting a slump in mainland land prices as fewer folks can buy there.

You agreed to pay teir, not pay teir and get a stipend.. that was your choice. Besides if you can drop 195 a month, 72 a year isn't much.

I wasn't aware private island owners recieved stipend at all unless they were premium, most I assume are basic to avoid paying additional tier to the $295 per month Island fee inless they owned mainland as well.
What I was asking is do all premium owners recieve the same stipend or to people paying more tier recieve more stipend?

http://secondlife.com/whatis/plans.php
should clear some things up, with the note that some older basic accounts also receive a weekly stipend of no less then 50 L$ (wow, liek omg!!)

Not sure if I'd even bother keeping my account premium if the stipends were canceled. With those 10 USD a month, I could buy myself a much larger plot on a private sim AND pay its monthly tier fee as well. I've seen plotsizes upto 2k for that amount of money.

Also, Lindenlabs is actually pretty smart for having these premium memberships like this:
it gives them a more stable and guaranteed income then the exchange does, the exchange value of the stipend is slightly lower then the membership fee, so they even earn more Lindens doing this. Overall, they'd be crazy to stop the stipends.

And I still can't figure out why Linden Labs would even consider stopping the stipends, other then to soothe some whiners with a basic account who feel left out for not getting "free" Lindens (quoted, since the L$ ARE included in the membership fee, as I calculated before).

How is this a good thing? It doesn't ENTICE people to upgrade. L$500/week used to be the perk.

Interesting to see this thread still going..

One thing I would like to address is the fact many people say that if they didnt get back 9 USD a month in stipends in exchange for thier 9.95 USD monthly payment. lets look at what other MMOG are charging, WoW ... buy the client for 20 USD and pay 15 USD a month for subscription..... LOTRO 50 USD for the client and 14.95 a month subscription....SL free Client and 9.95 optional premium membership...

hmmmmm I guess SL is whipping the crap out of the other MMOG communities, but yet some people will still threaten to leave if they cant get back 90.05% of their money without doing a single thing to earn it back LOL

Really, its no big deal. No body who signs up for free gets stipends anymore, and 50 L$ is like a penny in secondlife. It ain't worth ****. getting 50 l a week is just a cool thing. besides, i pay my rent with it. However, it may stop like the rating system did, which i just noticed. But honestly, it only affects a small population of the game. Most members of SL are from after the stipend date line. I say let the old skool ppl keep their stipends as a token of .....being old school.

And **** all the other MMOs. Who cares what they charge. As far as i gather, SL makes most of it's money by people, who happen to be premium, forking out ****loads of cash to buy land, and all the latest in the fashions.

and on a side note, i tried IMVU. omfg it sucks.

Yet most of the premiums just spend it and don't try to get value back for it..

thats where you're thinking wrong.

Well Said