Second Life Forums Archive - We'll survive the End of GOM.

Agatha Palmerstone

Space Girl

Join date: 23 Jan 2005

Posts: 185

09-28-2005 08:35

At any rate I'm buying as much $L as I can on sunday night, when all the remaining rich bastids try to cash out.

This will actually be kind of interesting for a while, because very few avs will be walking around with a lot of $L. Prices might plummet on all sorts of things, which I think will be great. Price deflation, despite the myths that Keynesians and Central Bankers have sold us, is not necessarily to be feared. It tends to de-institutionalize the economy, which is often healthy.
What's good for GM(Or in our case, the top of the 'leader boards') is probably not good for the rest of us.

_____________________

"Those who insist that objects, activities, people or creations have objective value are unhappy jealous souls who see all human commerce as a form of exploitation in which one party must always be cheated and degraded."

- Allan Thornton

blaze Spinnaker

1/2 Serious

Join date: 12 Aug 2004

Posts: 5,898

09-28-2005 08:41

Yeah, I'm really kinda curious how this will play out.

I suspect the new exchange will be up pretty soon, however.

Dnate Mars

Lost

Join date: 27 Jan 2004

Posts: 1,309

09-28-2005 08:42

Nope, we will not. On Oct. 3rd, no one will be able to get back into SL. They will have closed forever.

OK, back to the real world...

SL will still be around, I think there will be a big change. I think that a lot of the established players will notice the change more then the new players. Change is coming, there is nothing that can be done. Do what you need to do. I hope this won't cause a complete economic meltdown.

_____________________

Visit my website: www.dnatemars.com

From: Cristiano Midnight

This forum is weird.

Kris Ritter

paradoxical embolism

Join date: 31 Oct 2003

Posts: 6,627

09-28-2005 08:42

We'll survive the End of GOM?

*phew*

I can rest easy now.

Keiki Lemieux

I make HUDDLES

Join date: 8 Jul 2005

Posts: 1,490

09-28-2005 08:46

Are we so sure that this is going to crash the linden before Sunday night? I'm not. Right now the "panic" is causing the linden to rise, not fall. Maybe everyone is going out to store up on cheap lindens thinking they won't be able to buy for a few weeks.

Agatha Palmerstone

Space Girl

Join date: 23 Jan 2005

Posts: 185

09-28-2005 09:05

From: Kris Ritter

We'll survive the End of GOM?

*phew*

I can rest easy now.

heheh

_____________________

"Those who insist that objects, activities, people or creations have objective value are unhappy jealous souls who see all human commerce as a form of exploitation in which one party must always be cheated and degraded."

- Allan Thornton

Lordfly Digeridoo

Prim Orchestrator

Join date: 21 Jul 2003

Posts: 3,628

09-28-2005 10:03

As everything else in SL, this too shall pass.

short of LLab going out of business, the world will continue.

Being completely decentralized has that benefit.

LF

_____________________

----
http://www.lordfly.com/
http://www.twitter.com/lordfly
http://www.plurk.com/lordfly

Psyra Extraordinaire

Corra Nacunda Chieftain

Join date: 24 Jul 2004

Posts: 1,533

09-28-2005 10:05

THE SKY IS FALLING, OMFG

Well, actually, I've never used GOM or the likes. Losing the exchange for a week or two won't be noticeable on my end. *shrug*

If things become scarce, we'll adjust. Humans are quite well known for their ability to adapt. We've had a lot of 'Sky is falling!' moments in the past and now when people look back to them, they tend to laugh at how silly they were acting.

_____________________

E-Mail Psyra at psyralbakor_at_yahoo_dot_com, Visit my Webpage at www.psyra.ca

Visit me in-world at the Avaria sims, in Grendel's Children! ^^

Gabe Lippmann

"Phone's ringing, Dude."

Join date: 14 Jun 2004

Posts: 4,219

09-28-2005 10:14

From: Agatha Palmerstone

What's good for GM(Or in our case, the top of the 'leader boards') is probably not good for the rest of us.

Unless you happen to work for GM, a Ford dealership, one of GM's Banks, one of GM's small business partners (suppliers) or live in Michigan.

_____________________

go to Nocturnal Threads

Travis Lambert

White dog, red collar

Join date: 3 Jun 2004

Posts: 2,819

09-28-2005 10:21

From: Gabe Lippmann

Unless you happen to work for GM, a Ford dealership, one of GM's Banks, one of GM's small business partners (suppliers) or live in Michigan.

ACK!!

_____________________

------------------
The Shelter

The Shelter is a non-profit recreation center for new residents, and supporters of new residents. Our goal is to provide a positive & supportive social environment for those looking for one in our overwhelming world.

We'll survive the End of GOM.
Agatha Palmerstone Space Girl Join date: 23 Jan 2005 Posts: 185	09-28-2005 08:35 At any rate I'm buying as much $L as I can on sunday night, when all the remaining rich bastids try to cash out. This will actually be kind of interesting for a while, because very few avs will be walking around with a lot of $L. Prices might plummet on all sorts of things, which I think will be great. Price deflation, despite the myths that Keynesians and Central Bankers have sold us, is not necessarily to be feared. It tends to de-institutionalize the economy, which is often healthy. What's good for GM(Or in our case, the top of the 'leader boards') is probably not good for the rest of us. _____________________ "Those who insist that objects, activities, people or creations have objective value are unhappy jealous souls who see all human commerce as a form of exploitation in which one party must always be cheated and degraded." - Allan Thornton
blaze Spinnaker 1/2 Serious Join date: 12 Aug 2004 Posts: 5,898	09-28-2005 08:41 Yeah, I'm really kinda curious how this will play out. I suspect the new exchange will be up pretty soon, however.
Dnate Mars Lost Join date: 27 Jan 2004 Posts: 1,309	09-28-2005 08:42 Nope, we will not. On Oct. 3rd, no one will be able to get back into SL. They will have closed forever. OK, back to the real world... SL will still be around, I think there will be a big change. I think that a lot of the established players will notice the change more then the new players. Change is coming, there is nothing that can be done. Do what you need to do. I hope this won't cause a complete economic meltdown. _____________________ Visit my website: www.dnatemars.com From: Cristiano Midnight This forum is weird.
Kris Ritter paradoxical embolism Join date: 31 Oct 2003 Posts: 6,627	09-28-2005 08:42 We'll survive the End of GOM? phew I can rest easy now.
Keiki Lemieux I make HUDDLES Join date: 8 Jul 2005 Posts: 1,490	09-28-2005 08:46 Are we so sure that this is going to crash the linden before Sunday night? I'm not. Right now the "panic" is causing the linden to rise, not fall. Maybe everyone is going out to store up on cheap lindens thinking they won't be able to buy for a few weeks.
Agatha Palmerstone Space Girl Join date: 23 Jan 2005 Posts: 185	09-28-2005 09:05 From: Kris Ritter We'll survive the End of GOM? phew I can rest easy now. heheh _____________________ "Those who insist that objects, activities, people or creations have objective value are unhappy jealous souls who see all human commerce as a form of exploitation in which one party must always be cheated and degraded." - Allan Thornton
Lordfly Digeridoo Prim Orchestrator Join date: 21 Jul 2003 Posts: 3,628	09-28-2005 10:03 As everything else in SL, this too shall pass. short of LLab going out of business, the world will continue. Being completely decentralized has that benefit. LF _____________________ ---- http://www.lordfly.com/ http://www.twitter.com/lordfly http://www.plurk.com/lordfly
Psyra Extraordinaire Corra Nacunda Chieftain Join date: 24 Jul 2004 Posts: 1,533	09-28-2005 10:05 THE SKY IS FALLING, OMFG Well, actually, I've never used GOM or the likes. Losing the exchange for a week or two won't be noticeable on my end. shrug If things become scarce, we'll adjust. Humans are quite well known for their ability to adapt. We've had a lot of 'Sky is falling!' moments in the past and now when people look back to them, they tend to laugh at how silly they were acting. _____________________ E-Mail Psyra at psyralbakor_at_yahoo_dot_com, Visit my Webpage at www.psyra.ca Visit me in-world at the Avaria sims, in Grendel's Children! ^^
Gabe Lippmann "Phone's ringing, Dude." Join date: 14 Jun 2004 Posts: 4,219	09-28-2005 10:14 From: Agatha Palmerstone What's good for GM(Or in our case, the top of the 'leader boards') is probably not good for the rest of us. Unless you happen to work for GM, a Ford dealership, one of GM's Banks, one of GM's small business partners (suppliers) or live in Michigan. _____________________ go to Nocturnal Threads
Travis Lambert White dog, red collar Join date: 3 Jun 2004 Posts: 2,819	09-28-2005 10:21 From: Gabe Lippmann Unless you happen to work for GM, a Ford dealership, one of GM's Banks, one of GM's small business partners (suppliers) or live in Michigan. ACK!! _____________________ ------------------ The Shelter The Shelter is a non-profit recreation center for new residents, and supporters of new residents. Our goal is to provide a positive & supportive social environment for those looking for one in our overwhelming world.

Welcome to the Second Life Forums Archive

We'll survive the End of GOM.