Second Life needs stable currency
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Gabriel Tackleberry
Registered User
Join date: 22 Feb 2006
Posts: 23
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03-31-2006 15:10
From: kerunix Flan - If you joined Secondlife in Feb 2006, like said in your profile
- If you don't have a lot of money, or a lot of luck (like i had when starting my real estate business, but i stopped now)
- If you consider the SL economy, all the new realtor, the tons of new sim auctionned, the bulk acution, the new private sim, and tons of others parameters.
Anshe gave you a VERY GOOD advice.
And, yes, anshe will become more and more powerfull. with or without A$.
But, not sure if she will make more money than she made before. (the good old day are ... well... old) THE POINT IS, ANSHE WASN'T ASKED FOR HER ADVICE. What is your interest in this? |
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Selene Gregoire
Eyes of the Wolf
Join date: 14 Sep 2005
Posts: 681
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03-31-2006 15:17
From: kerunix Flan Can you translate that in an english that a non-native can understand please ? o_O Non-native of what country? What part of making yourself just as guilty as any others may be by making that post to attack what others (in general) have posted did you not understand? |
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Gabriel Tackleberry
Registered User
Join date: 22 Feb 2006
Posts: 23
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03-31-2006 15:18
From: Fade Languish This is bad cos I say the person proposing it is bad and I say the person is bad cos I say he/she did something bad to me is not an argument. kerunix would you please ask Fade to translate this one too? Since you are apparently here to try to field everything negative about the ridiculous idea of giving a 'user' an uncomforting influence over the SL monetary system? |
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kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
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03-31-2006 15:23
From: Gabriel Tackleberry THE POINT IS, ANSHE WASN'T ASKED FOR HER ADVICE. What is your interest in this? I have no interest in your own business, or even life. I have a few interest in anshe business because she's too powerfull to be ignored. I answered you because we're supposed to talk about the A$, and you introduced (or concluded?) your idea about the A$ with this little "advice history". I tought the problem was "she gave me bad advice so i stay away from her business and she keep control on the whole SL land business and economy" I answered "it wasn't a bad advice". I didn't said anything about anshe trying to control SL and earn more money, because it's obvious. But, finally, the problem is : "Anshe gave me an advice i didn't asked for" ? So what ? |
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Gabriel Tackleberry
Registered User
Join date: 22 Feb 2006
Posts: 23
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03-31-2006 15:24
From: Catnip Zobel Hi Anshe, A few questions for you. My apologies if you've already answered them, but the noise of 18 pages of chatter is just a bit much to read through right before bedtime.  1) What rule of law is ANSHECHUNG Studios, Ltd., under? 2) Can your company put up a surety bond with a disinterested third holding party to insure against an event where the entity ANSHECHUNG Studios, Ltd. were to go into bankruptcy or receivorship? The bond would need to be held with the holders of the A$ having legal first rights. What percentage of transactions would you insure in this fashion? If not, how would you insure the A$? Stating that ANSHECHUNG Studios, Ltd. holds both the Silver Euro and the A$ begs the questions of transparency and of legal chain of ownership. Even E-Gold uses a seperate vault to hold their secured gold. (Goldfiger) 3) What independant auditor will you be using to verify the reserves and transactional integrity of trades through ANSHECHUNG Studios, Ltd.? Who will have access to those reports? 4) What will the fee structure be for: a) Account establishment; b) Account maintenance; c) purchase of A$; d) internal transfer of A$; and e) withdrawal of A$ into other national currencies? 5) What is your anticipated float? In other words, what percentage of withdrawable currencies (as compared to the Silver Euros) do you expect to keep onhand? If the account is backed by Silver Euros, then you will have to have a float of alternate currencies on hand to handle transactions. The percentage level of these alternate currencies will often determine the speed at which a request for A$ to, say, USD$ transaction will go through. 6) In relation to the question above, do you anticipate needing market makers to handle transactions, or are you going to act as the sole market maker? If you are going to use outside market makers, then how do you anticipate handling the questions of margin and accountability? 7) At what level will you be backing the A$ with Silver Euros? 1:1, 1:0.5, or a different ratio?  Will the A$ be a fixed currency, or will it be alowed to float somewhat? If it is fixed, then have you already anticipated the large scale stockpiling of A$ that may be necessarry on your end to effectively fix the currency without damage to it's liquidity? (Yes, I am an investor, and we do ask a lot of questions. Thanks! -Catnip Lets get all this answered by Anshe so we know that she really wants to provide assistance, and then all of us who think (know) she is just hellbent on owning all of SL can go away. |
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kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
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03-31-2006 15:27
From: Selene Gregoire Non-native of what country? What part of making yourself just as guilty as any others may be by making that post to attack what others (in general) have posted did you not understand? not native of any non-enligsh speaking country. i found what guilty mean, but not : "Talk about the pot calling the kettle black." |
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Selene Gregoire
Eyes of the Wolf
Join date: 14 Sep 2005
Posts: 681
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03-31-2006 15:29
From: Gabriel Tackleberry Lets get all this answered by Anshe so we know that she really wants to provide assistance, and then all of us who think (know) she is just hellbent on owning all of SL can go away. I hate to burst a few bubbles here but... you are not the only one that thinks she is attempting to pull a take over on LL. There are many others who see the signs. Personally, if she does manage to take over I will leave SL. Many others have told me they will leave as well. There those who don't want her in control of SL and they all have good reasons for it. Regardless of those reasons being personal or not. |
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Gabriel Tackleberry
Registered User
Join date: 22 Feb 2006
Posts: 23
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03-31-2006 15:30
From: kerunix Flan I have no interest in your own business, or even life.
I have a few interest in anshe business because she's too powerfull to be ignored.
I answered you because we're supposed to talk about the A$, and you introduced (or concluded?) your idea about the A$ with this little "advice history".
I tought the problem was "she gave me bad advice so i stay away from her business and she keep control on the whole SL land business and economy"
I answered "it wasn't a bad advice". I didn't said anything about anshe trying to control SL and earn more money, because it's obvious.
But, finally, the problem is : "Anshe gave me an advice i didn't asked for" ?
So what ? Who asked you if you have an interest in my life? ok, you have interests in Anshe's business. So your credibility just went down the toilet. |
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Selene Gregoire
Eyes of the Wolf
Join date: 14 Sep 2005
Posts: 681
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03-31-2006 15:32
From: kerunix Flan not native of any non-enligsh speaking country.
i found what guilty mean, but not : "Talk about the pot calling the kettle black." By doing a simple search on "pot calling kettle black" I found this: You are the pot calling the kettle black when you point to another person and accuse that person of doing something that you are guilty of doing yourself. Example: "You are accusing me of being lazy? Ha! That's the pot calling the kettle black!" "The pot" (for cooking) and "the kettle" (for boiling water) sit on the stove over the fire and become black from the flames. Example: "I'm tired of you always wearing my clothing!" Answer: "Aren't you the pot calling the kettle black? You're wearing my pants right now!" The pot and the kettle are like old friends who have turned black with time; the pot only sees the blackness which is on the kettle; he doesn't see the black on himself. Example: "Here comes the guy who is always late for work." Answer: "Aren't you the pot calling the kettle black? You are usually the last person to show up!" http://www.goenglish.com/ThePotCallingTheKettleBlack.aspGet it? Got it? Good! |
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Cocoanut Cookie
Registered User
Join date: 26 Jan 2006
Posts: 1,741
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03-31-2006 15:32
From: Burnman Bedlam I will accept rancid coconuts before I will accept A$ as a form of currency. I resent that! Personal attack!  coco |
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Lina Pussycat
Texture WizKid
Join date: 19 Jun 2005
Posts: 731
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03-31-2006 15:34
From: Gabriel Tackleberry Lets get all this answered by Anshe so we know that she really wants to provide assistance, and then all of us who think (know) she is just hellbent on owning all of SL can go away. hate to say it But, Just cuz she answered the questions means nothing about her being hellbent on owning all of SL people lie. Its a sad fact. She may say ohhh im not gunna do that then turn around and do it cuz it makes her money she has proved this in the past and no one really has much reason to trust what she says. |
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Lina Pussycat
Texture WizKid
Join date: 19 Jun 2005
Posts: 731
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03-31-2006 15:39
From: kerunix Flan This forum need serious moderation. A lot of post in this thread are off-topic and i see that like an act of griefing, trying to discredit the subject posting random garbage. it's a big ad hominem, http://en.wikipedia.org/wiki/Ad_hominem and : An Ad Hominem is a general category of fallacies in which a claim or argument is rejected on the basis of some irrelevant fact about the author of or the person presenting the claim or argument. Typically, this fallacy involves two steps. First, an attack against the character of person making the claim, her circumstances, or her actions is made (or the character, circumstances, or actions of the person reporting the claim). Second, this attack is taken to be evidence against the claim or argument the person in question is making (or presenting).Thoses kind of attack are (or supposed to be) against the TOS. Actually we arnt attacking her character out of irrellavence. Its a mere fact that she has proven herself this way to many people in the past. And many have no reason to trust her I can see for someone that hasnt run into problems with her. WHich in the case you probably havent, but many have and are credible to say it in this matter. She controls alot of SL so as it is and giving her her own currency would jsut give her alot more power that she does not need and MOST of SL DOES NOT want in place. |
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Lina Pussycat
Texture WizKid
Join date: 19 Jun 2005
Posts: 731
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well...
03-31-2006 15:45
From: kerunix Flan - If you joined Secondlife in Feb 2006, like said in your profile
- If you don't have a lot of money, or a lot of luck (like i had when starting my real estate business, but i stopped now)
- If you consider the SL economy, all the new realtor, the tons of new sim auctionned, the bulk acution, the new private sim, and tons of others parameters.
Anshe gave you a VERY GOOD advice.
And, yes, anshe will become more and more powerfull. with or without A$.
But, not sure if she will make more money than she made before. (the good old day are ... well... old) Really start date means nothing in real estate. Its buying and selling land in SL. many people can do this with ease. If they have the money to do so. Even smaller real estate people can succeed if they want to really. Its a matter no one is going to make as much as anshe but the fact of the matter is giving advice on not getting into it isnt her place or her position to give. He or SHe should try it out for themselves to see if its for them or not. Not be told your not going to do well... If that was true alot of people jsut wouldnt even try in r/l or in SL to do anything. She just wants main control of the land so she is the only person buying and selling from the sounds of things. You cant be a strict business woman like her and then actually give friendly advice to possible compettion it isnt good for business. She proves that she is jsut here to make money and why should anyone trust her really. We buy land from her only because we have to almsot becuase she controls so much. |
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kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
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03-31-2006 16:10
From: Lina Pussycat Really start date means nothing in real estate. Starting a land business when L$ is dropping, totally unstable and unpredictable, is very dangerous. Of course, you can do it anyway. If you're skilled, if you know the SL economy and the land market or if you are lucky. From: someone Its buying and selling land in SL. many people can do this with ease. I failed many times to sell a land fast enough. And with some land i lost money because the cost of the tier fee was greater than my profit. (if you think in L$ per sqm per day) I won't say it's easy to make profit in real estate. From: someone She just wants main control of the land so she is the only person buying and selling from the sounds of things. You cant be a strict business woman like her and then actually give friendly advice to possible compettion it isnt good for business. She proves that she is jsut here to make money and why should anyone trust her really. We buy land from her only because we have to almsot becuase she controls so much. On the other side, it's obvious that she said that because she don't want more competitor. I tought it goes without saying |
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Yumi Murakami
DoIt!AttachTheEarOfACat!
Join date: 27 Sep 2005
Posts: 6,860
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03-31-2006 16:31
From: Selene Gregoire
Personally, if she does manage to take over I will leave SL. Many others have told me they will leave as well. There those who don't want her in control of SL and they all have good reasons for it. Regardless of those reasons being personal or not.
I don't think Anshe would control SL. LL are not making a profit, so why would she want to? If Anshe has that much money, she'd do better to develop a competitor. If she squeezes them too hard, they'll pull the plug and leave her empty handed. Also, another angle: how many of the people who dislike Anshe would be prepared to sell A$ at less than the backed rate to non-land buyers just to see the A$ go down? |
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Selene Gregoire
Eyes of the Wolf
Join date: 14 Sep 2005
Posts: 681
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03-31-2006 16:58
From: Yumi Murakami I don't think Anshe would control SL.
LL are not making a profit, so why would she want to? If Anshe has that much money, she'd do better to develop a competitor. If she squeezes them too hard, they'll pull the plug and leave her empty handed.
Also, another angle: how many of the people who dislike Anshe would be prepared to sell A$ at less than the backed rate to non-land buyers just to see the A$ go down? Yumi how do you know if LL is making a profit or not? Do you have access to thier Profit and Loss Statements? I'm not asking this to be mean. I'm seriously curious if their accounting statements have been published and are availble to the public. As I said before.. I will not deal with A's. That includes selling them. If others are dishonest enough to do that... well I can't do anything about it except to hope those who have said they will not honor A's keep thier word in full. |
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kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
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03-31-2006 17:05
From: Selene Gregoire Yumi how do you know if LL is making a profit or not? Do you have access to thier Profit and Loss Statements? I'm not asking this to be mean. I'm seriously curious if their accounting statements have been published and are availble to the public. It's said here : http://news.com.com/Second+Life+scores+11+million+in+funding/2100-1043_3-6054598.html?tag=nefd.top"For now, the company isn't profitable, and it's not clear when it will be, said Catherine Smith, Linden Lab's director of marketing." |
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Selene Gregoire
Eyes of the Wolf
Join date: 14 Sep 2005
Posts: 681
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03-31-2006 17:08
I didn't ask for a news article. I was asking about profit and loss statements. Bookkeepers and accountants ask for things like that rather than news articles. And yes bookkeeping/accounting was my chosen field before I went into business for myself. |
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Martin Magpie
Catherine Cotton
Join date: 13 Nov 2004
Posts: 1,826
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03-31-2006 17:17
Last townhall meeting; Philip made it clear that LL was doing well. That's good enough for me. Cat |
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Selene Gregoire
Eyes of the Wolf
Join date: 14 Sep 2005
Posts: 681
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03-31-2006 17:22
From: Martin Magpie Last townhall meeting; Philip made it clear that LL was doing well. That's good enough for me. Cat Well... apparently his director of marketing disagrees with him. I learned a long time ago you don't just take the boss' word for it. That is why I made the query about profit and loss statements. Sure the books could be made to reflect a profit when there really isn't one but a good bookkeeper/accountant can spot that. |
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kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
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03-31-2006 17:23
From: Selene Gregoire I didn't ask for a news article. I was asking about profit and loss statements. Yes, but i don't have thoses numbers. And most of the people think that Linden Lab is loosing money because of this news. I tought it could help you. But i should stop thinking and just STFU and never post on this forum, like the vast majority of the SL citizen |
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Tyr Sartre
Stipend Breeder
Join date: 27 Sep 2005
Posts: 76
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03-31-2006 17:25
Hmmm...I've been in other "Online ventures" that calimed everything was great, record memberships, money flowing in like there was no tomorrow......then suddenly it was gone. And other places with a much larger presence then an online business has done the same thing...even showed it in the books, only to suddenly become bankrupt. Does Enron ring a bell? Anyone?
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Selene Gregoire
Eyes of the Wolf
Join date: 14 Sep 2005
Posts: 681
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03-31-2006 17:25
From: kerunix Flan Yes, but i don't have thoses numbers. And most of the people think that Linden Lab is loosing money because of this news. I tought it could help you. But i should stop thinking and just STFU and never post on this forum, like the vast majority of the SL citizen Sorry. I did mean to put in my post that I appreciated your effort. Although you may be right about not posting... it sure has cut into my build time something fierce. lol |
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Martin Magpie
Catherine Cotton
Join date: 13 Nov 2004
Posts: 1,826
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03-31-2006 17:28
From: kerunix Flan Yes, but i don't have thoses numbers. And most of the people think that Linden Lab is loosing money because of this news. I tought it could help you. But i should stop thinking and just STFU and never post on this forum, like the vast majority of the SL citizen Don't you dare! *ties you to your chair. stick around everyone has a voice here. Cat |
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Martin Magpie
Catherine Cotton
Join date: 13 Nov 2004
Posts: 1,826
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03-31-2006 17:29
From: Selene Gregoire Sorry. I did mean to put in my post that I appreciated your effort. Although you may be right about not posting... it sure has cut into my build time something fierce. lol Hey now stop that! *ties another one down. Do not make me get out my pillow, I will use it! hehe Cat |
