we need to do something..

Just so you know, "lol" is acceptable neither as punctuation nor as a subordinate clause in a sentence.

2 million a day? Where do you get that number?

/130/aa/92730/1.html

There for one.. extrapolated from a Lindens given information.

Heh I did what I could and bought up a pretty large swath only to see it bludgeon from 285 to 290 in one day...sorry, but Im not a human bank, it will take a concerted group effort to lower the number back to 270 (the number I sold at a few weeks ago) and not complaining on this board ad nauseum...fyi...the L was at 330 I believe last year so act now or forever hold your proverbial sac.

p.s. - Isn't there a new LL Economist who is supposed to help monitor and do stuff (not sure what stuff means, but that was the gist of how I got it)...if you are out there miss econ LL person a lil input on all of this would be nice... :/

Complain about L$3? hahahahaha. If you're too lazy to run your business efficiently because it takes a bit of effort to adjust your prices, it's nobody's fault but your own when your revenues decline.

The majority should care.

However, I understand fairly well that there will always be a percentage of the population that, for a myriad of reasons, simply "don't care." Some of these reason can be attributed to igorance, lack of education, irresponsibility, selfishness, etc.

But you're right, the reason is not as important as the result, which is simply that they don't care.

It forces the minority who do care, to carry the weight for the majority that don't.

Unfair I know, but such is life.

Well, my first niggle is that wearables shouldn't be counted. Even if they're using a new texture (which they may not be), the upload of that texture's already been counted as a texture. That's double-dipping, so I get 97238 uploads, or a little less than a million Linden a day.

And that's assuming the assumptions are right about how he's counting assets.

Or perhaps a reason you don't seem to understand at all or you would have surely mentioned it. Perhaps a big population play SL to just have fun and that is their first and foremost reason. Perhaps they just want to keep SL a game they enjoy doing and don't want to turn it into "work" or something they have to worry about. Perhaps they have much bigger things to worry about in RL and certainly don't need to spend their "game" time worrying that the Linden dropped 10L to the dollar Why should they care that they can actually get more L for their money, don't bother answering that, they don't care. lol

Ah, but as much as it pains to me to agree with someone that LoLs inappropriately... Despite the painful presentation of the argument she did strike close to a very valid point:

The 'majority' shouldn't care. Consumers far out number merchants. If they all 'cared' they'd be in here arguing that you can't buy enough Lindens for the dollar and that LL should be INCREASING the stipends.

Merchants shouldn't want the majority to care, and should be happy to be an uncontested minority voice, despite the obvious split between the anti-stipend and pro-incentive types.

Not to mention how politically unpopular removal of the stipend is to the vast overwhelming majority. Anyone with a lick of sense would distance themselves from that with no uncertainty. I fully support the stipends and lol at anyone who supports their removal and find it entirely appropriate. I have no qualms handing out that lil extra rope people need to hang themselves. I think its great people know where others stand on the issues that effect their game.

When I'm wrong.. I'm wrong.

*orignal message erased*

--
Jopsy... still shocked that a certain Representative of the SL Business Community completely utterly missed the opportunity to call me an idiot.

ratings bonus is dead and lindex doesn't take any money out of the economy it just takes millions out of circulation as they sit there hoping for a better price.

This figure is unbelieveable. Do you really think the L$ supply is shrinking?

Yeah, you probably do.

BS.

His rear end... Or side of neck...

Over and over and over again the same "FEW" people keep this thing about the lindens going down or up or whatever. I for one like buying more lindens for my USD. I am in this program as a game. I do not create, but I buy, and I buy with my hard earned USD which I use to buy lindens from the lindex. The more lindens I get for my dollars the happier I am. I'm sorry, yes, those who create in SL need to get paid for their efforts, and just last night I bought some western boots and clothes that I think are the best made I have ever seen in here. So I bought them. I'm happy, the creator is happy.

Again, I am sure I am pretty close in being right in that 90 to 95% of the residents who are active in SL either (1) don't even know the forums exist, or (2) if they do, could care less because of the bad experiences they have had when they see all this flaming, whinning, and complaining.

Now the 05 to 10% who do read and correspond in the forums I would say over 50 to 75 percent of those are about content they are selling, technical questions, and other things beside the linden rate.

That leave about .01 to 1 percent who do most the complaining about the linden rate.

Bottom line: Do you really think LL is going to listen to .1 to at the most 2 percent of the residents about what they think of the linden rate. I doubt it.

What people need to really do is complain about the program itself. Slow rezzing, problems after each update, and probably the most important thing there is>>>>>>>>>>>>>

Let's fix the current problems with the system before we attempt to add all the extra goodies. Let's get the system running like it is suppose. We can add the extra later on once we have a responsive system.

Jonas believes in fairy tales that he is "paying"
for his Stipends. So its no suprise that he believes the
money supply is shrinking... lol

He is one stage beyond that. Fairy tales don't usually struggle to balance diammetrically-opposed concepts. Jonas does actually think paying people to do f*** all is going to bring about a vibrant economy.

They will, because thoses 0.1% are great economist.

On the other side, LL know nothing about economy :
- They don't run any business
- They are not a successfull company
- They don't raise millions of US$ to expand their market
- They don't hire anybody
- They don't own thousands of server, and can't manage them correctly.
- They got money but they don't expend their business
- They are totally unknown
- They have no traffic

Isn't it ?

Huh ? what ? they do ?
Oh but... it's IRL, that doesn't count

The current Lindex is too easy to manipulate by those with sufficient resources. That is the real bottom line. All someone has to do to incite a market "panic" is to place a large quantity of L$ for sale at a rate slightly more buyer friendly. Smaller sellers who want a chance to sell will then raise their rates above this in order to sell quickly. The cycle repeats as long as there are people trying to sell their small blocks quicker than a larger block.

If the market supported a true bid/buy system where people could either buy from the main block OR purchase from specific contracts that were placed, it would relieve some of the pressure and make the market more flexible.

Potential alternatives are to reduce the number of L$ that any individual can sell at one time (not likely to be popular), remove the data showing how many L$ are for sale and at what price so people can't try to outmaneuver, or create additional money sinks like imposing an increased fee based on the amount of L$ transactions.

I doubt that anyone who relies on getting cash for their L$ will be in favor of any of those ideas, but they could spur someone into coming up with a better one. And for the record, just cause I toss an idea out, doesn't mean I am in support of it. Even the best debaters have to learn to argue both sides of an issue.

Totally agree with you George.
And its amazing how many people forget that the health of SL (particularly for anyone who hopes to earn money on it ) relies on consumers - people happy with their RL incomes who come here to have fun and are happy to spend RL cash on a fun virtual lifestyle.

And for anyone not interested in making money it is the quality of SL experience that counts - lag, texture loading, griefing, crashes and bugs are far bigger irritations than the Linden changing in value by 10L$ to the US$ now and then.

Still time to vote on my poll on how the Linden rate affects you
91373

No, I don't believe sinks are about equal to new cash flow.. and I see the current exchange rate based on the trend of people wanting to seel fast so they mark a discount on..those discounts build up and turn into an average. Then that price is discounted...

As for the sinks beong closer to 1 mil a day.. thats also using 3 months old population data..

Perhaps, there isn't an SL if there are no content creators around to create compelling content for them.

How many quality content creators do you think will hang around and create quality content if they are not rewarded for their talent and efforts?

What you fail to realize is that without these talented content creators all you have in SL is a chatroom.

Guess how many residents there will be, and how long the majority of this population will hang around for you to chat with, once the exciting shopping, playing, exploring and compelling content begins to dry up or ceases to exist?

Not many...and not long.

Trust me LL and SL need talented content creators to keep this platform viable. People will come if the content is there, provided the price to be a resident of this world remains withing the acceptable MMORPG subscription range of $10-$15 per month. Talented creators, however, will not hang around if they are not adequately rewarded, regardless of how many hundreds of thousands of basic "Give me something for nothing" subscribers are in this world.

Heed my words.

Well, without quality content, like heavily scripted objects and 250-prim hair it would at least be a less laggy chatroom...

but seriously, you're right. That stuff is important in SL, and it is part of the fun. But I doubt that if those creators that want to make money go, the quality content goes.

Take those "Sims"-games for example. There was always tons of quality stuff out there, and even if some Websites offering it became paysites, there was still a shitload of stuff out there for free, and that stuff wasn't worse.

If top-creators leave SL, others, who don't want to make RL-money out of it will follow and fill their spaces, I am pretty convinced of that.

The in-world population, which is what the figures actually used refer to, hasn't changed enormously in 3 months.