Wake Up Smell The Coffee

Okay this is the only time I am going to say this. I am sick and tired of coming to this forum and reading all of the post about the devalue of the linden. Every single one of you are so unbelievable it boggles my mind.
It is not sinks its not dwell money it is none of those things that is devaluing the linden. It is you, you are the one doing it not lindens not land barons it’s you get it in your head you are the one that does it.

I will explain this so even a 5 year old understands it if Billy has 50,000 lindens and bob has 50,000 lindens and sue has 50,000 they all go to the market to sale them. Billy sets his lindens to sale at 300 l per us dollar. Bob comes along and wants to sale his well bob is in a hurry to get his sold so bob sets his at 301 just 1 more over Billy so his gets sold first before bob’s as the orders are filled it goes with the top first and works its way down. Now sue decides to sale hers guess what she’s even in a bigger hurry then Billy was so she sets hers at 302 do you get the idea here or is this simple math to complicated for you to grasp? God people even the lindens gave you the tool’s to set the price you want to sale at there pointing it out to you its sitting there screaming at you but you don’t hear it for god sakes all ready.

The linden goes down in value the more people selling one linden higher to sale faster then the next guy you are the one that devalues it. Exercise patients if all the l is set at the same rate it all gets sold sooner or latter. Are you in that big of a hurry you can’t wait for the sale order to place? If everyone sets there lindens to sale at the same rate for example 300l per us dollar guess what it all sales at 300 l per us dollar there’s no magical exchange fairy that will change the rate to 301 or 302 hello duh. People are buying lindens everyday and lots of them so they will all get sold. The way to fix the problem is patients, plain and simple not all of the other suggestions. Problem is you all are the ones that panic the market with your stupid posts.
Kill the Chicken Little syndrome for crying out loud all ready



Lucian
Ps my 13 year old nephew gets this its sad to think you all as adults cant grasp this fact

why do you keep coming to a forum where you don't like the topic? you don't own what the conversation should be about. i am sick and tired of people telling everybody how sick and tired they are. they sound like a 13yr old.

Erm, if there were enough buyers to buy off the $L at the $300 mark, then no one would need to set their prices to $331. But for the last two weeks before last weekend that wasn't the case. You can set your L at the $300, and sit on your hands for pretty much ever as more and more people would keep adding more and more to the $300 line, while too few skim off the top. When there are no buyers, you either undercut, or you don't sell.

Words of wisdom. Too few people consider the demand side of this equation. There simply isn't enough demand for L$, and almost nobody wants to KEEP their L$, so we end up with a big liquidity problem that causes prices to spiral ever downwards. It will be interesting to see if it stabalizes at ~361 or not.

Well, that there is your and Ginko' job to help fix. Ginko already makes it profitable for people to keep their $L in game (although I'm sure Ginko doesn't keep what you deposit in game >.<. Not you just have to do with stocks what Ginko did with banking, and we'll be all set

Who needs Lindens? Not me!!! I pay for my rental in American Dollars! Safe easy, quick, no nonsense!

Only the Mockingbird sings at the edge of the woods..................

ooOOoo I like that

Maybe if you didn't get your economic advice from a 13 yr old you'd understand supply and demand. Talk to an economics professor instead of berating us with 13 year old logic.

if people made items that encouraged and inspired people to buy lindens they would be bought

Another day... another thread.

Lucian Overlord: Too many factors go into contributing to the decline of the L$ value to blame it all on just one.

Competition to sell and Undercutting is a factor.

Oversupply of L$ is a factor.

Marketing of SL as a place to make money recruiting more entrepreurs than consumers is a factor.

A surplus of land is a factor.

The 'market sell' feature is a factor.

High Lindex Fees and trading tiers limiting money traders ability to push the market value higher is a factor.

And, undoubtedly, several others factors come into play too.

There are benefits and drawbacks to each of the factors in play, the trick is finding a happy medium.

Too many people (myself included from time to time) are running around like those blind men trying to describe an elephant.

Well it's prety sad but most economics professors don't get it either. If you put 50,000 L on the market at 300 per USD and I decide to undercut you to 500 per USD with mine you have no choice but to wait longer or devalue it even more by lowerring your own prtice. This thread is correct. Stipend had nothing to do with it, in fact removal of the basic stipend has prety much killed in game buying. Everyone I have spoken with says thier sales of creations is in the toilet. They have been ever since this remove stipend talk started. Sorry but in this case the economics experts and professors could take a leson from the 13 year old, or for that matter even a 5 year old.

bwahahahahahaha!!!!!

PWN'D!!!!!!!!!

that is a problem but the other problem is that there are more sellers then buyers... ever think of that one?

Overabundance of Lindens is a factor, too. Why buy if you get it for free?

Heh, we can do this back and fourth for ever.

You will do what is in your best intrest and I will do what is in my best intrests. Writing another useless thread will bring you no closer to your fiendish goal!

I continue to reject your proposal now, tommorow, next month, next year and until Okinawa freezes over!

You Lucian and a 13 year old can say the car is moving because the wheels are turning. I'll focus on the engine and what causes those wheels to turn. Yes the Lindex is technically going down because people are undercutting but to ignore the economic motor behind the need to undercut is as ignorant as saying the reason the car is moving is because the wheels are turning and claiming the engine has nothing to do with it.

Ranma Tardis
ターディス乱魔

Join Date: Nov 2005
Location: 避難者 <- Evacuee???
Posts: 831


You're not in the flood area, are you?

I don't get lindens for free as of June 13th

You know..I thought of a good allegory. Cutting stipends to encourage demand for the linden is like kneecapping people to encourage demand for wheelchairs.

Except we don't need lindens.

You know what I meant. Free as in you don't have to go out of your way to actually buy some from someone.

But people WILL need wheelchairs

Yep.

Now lets see if we can find that balance between groups a and b, and the buyers and sellers.

I go out of my way to actually by them from Linden Labs. So yes I know what you mean and my statement stands.

I knew you were going to say that

Why do I need Lindens? I have been selling a lot of the crud in my inventory. About buying new objects? Well nothing out there is worth paying even play money to get!