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How about a sell limit of 10k?

aEoLuS Waves
Koffie?
Join date: 10 Jun 2005
Posts: 279
05-26-2006 03:52
a lot of ppl are thinking that the 50/500 a week ruins SL (or some part of it) because people would cash out to real Dollars..

What if there was a sell limit? Like at least 5 or 10k?
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Mad Wombat
Six Stringz Owner
Join date: 21 Jan 2006
Posts: 373
05-26-2006 03:56
Won't work. Some people pay thousands of US$ for their sims.
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aEoLuS Waves
Koffie?
Join date: 10 Jun 2005
Posts: 279
05-26-2006 04:06
From: Mad Wombat
Won't work. Some people pay thousands of US$ for their sims.

Yeah I know.. hehehe my english got freaked again.. I meant at least ...
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http://drainwaves.com
mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
05-26-2006 04:41
I voted 5K. It will at least make people think about what rate to sell at a bit more than someone selling a small amount of 1000 Lindens or less.
Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
05-26-2006 06:50
From: mcgeeb Gupte
I voted 5K. It will at least make people think about what rate to sell at a bit more than someone selling a small amount of 1000 Lindens or less.



Will just make people selling a lot more $L move their sales lower on the tier, while people selling less will continue to undercut each other, since a change in $l costs them just pennies in $US. That's actually what's happening right now anyway. And people undercutting each other with $5k, or even $10k, has almost no effect on the economy, since those ammounts are extremely tiny compared to the amount and speed of sales, and tend to dissapear within seconds at times. Biggest problem as I've noticed from watching the market is big money of many hundreds of thousands of $L trying to fit itself into the much smaller $10mil worth of available buyers. Everyone tries to outdo each other in hopes of wedging themselves at least a little bit into that $10mil, causing the prices to drop, and by the end of the day still is left with more to sell tomorrow. This will probably only end when people figure it's just not worth selling any more.