Second Life Forums Archive - There.com money exchange website ?

Derry McTeague

Registered User

Join date: 6 Jan 2005

Posts: 81

04-16-2006 10:17

i recently logged into there.com to sell all my stuff in my inventory since i dont play there anymore, and was dismayed when i went to IGE website and saw that they dont exchange There.com dollars..does anyone know of a site that would trade There dollars for Lindens?

Enabran Templar

Capitalist Pig

Join date: 26 Aug 2004

Posts: 4,506

04-16-2006 14:17

You're probably get about L$10 for all of your There money, dude.

_____________________

From: Hiro Pendragon

Furthermore, as Second Life goes to the Metaverse, and this becomes an open platform, Linden Lab risks lawsuit in court and [attachment culling] will, I repeat WILL be reverse in court.

Second Life Forums: Who needs Reason when you can use bold tags?

Enabran Templar

Capitalist Pig

Join date: 26 Aug 2004

Posts: 4,506

04-16-2006 14:18

You'll probably get about L$10 for all of your There money, dude.

_____________________

From: Hiro Pendragon

Furthermore, as Second Life goes to the Metaverse, and this becomes an open platform, Linden Lab risks lawsuit in court and [attachment culling] will, I repeat WILL be reverse in court.

Second Life Forums: Who needs Reason when you can use bold tags?

Kim Anubis

The Magician

Join date: 3 Jun 2004

Posts: 921

04-16-2006 15:54

You can sell your Therebucks at http://www.tbux.com for 2200 to the dollar, then buy your L$ on the Lindex.

_____________________

http://www.TheMagicians.us

ReserveBank Division

Senior Member

Join date: 16 Jan 2006

Posts: 1,408

04-16-2006 19:52

From: Kim Anubis

You can sell your Therebucks at http://www.tbux.com for 2200 to the dollar, then buy your L$ on the Lindex.

All we need now is a TBUX/L$ exchange facilitiy.

_____________________

Blueman Steele

Registered User

Join date: 28 Dec 2004

Posts: 1,038

04-16-2006 20:23

Many There users are also SL users. Maybe you can sell your there money for SL money to someone who plays both.

Sam Portocarrero

Jesus Of Suburbia

Join date: 23 May 2004

Posts: 316

04-16-2006 20:46

I'll gladly exchange your money if you need some L$. I've done a few of these transactions before for basic spending cash in There. (Don't kill me, old beta player here that has a free lifetime account, SL is god

) I calculate the exchange rate as follows.

Most people value the T$ slightly lower then There Inc. sells them for, usally T$2000 = $1 USD. Thats what I use.

Rough Example:

L$2000 = $1.00 USD

L$300 = $1.00 USD

So... T$50,000 = $25.00 USD

$25.00 USD = L$7500

Contact me inworld (SL) if you are intrested.

- Sam

_____________________

ReserveBank Division

Senior Member

Join date: 16 Jan 2006

Posts: 1,408

04-17-2006 06:25

One person being a money changer is nice, but what
the world needs is a trading floor of virtual currencies.
So that currency pair prices are set every minute by
the market.

The technology to create the trading floor isn't the problem,
its the delivery of currencies which is the biggest hurdle.
Somehow a user buying TBUX with L$ through a trading floor
needs a delivery service (electronic or human) to pay their
There.com account. And vice versa... Solve that problem
and you'll be the premier global forex trading site for virtual
currencies.

_____________________

Sam Portocarrero

Jesus Of Suburbia

Join date: 23 May 2004

Posts: 316

04-17-2006 21:21

There were sites that traded T$ and other gaming currency for other gaming currency. Examples would be GOM and IGE. The problem is that even though the customers may want such a service, it may be impossible for a "fully automated" service. GOM and IGE did infact use avatars in other worlds as their "ATM's" which were actively manned. The other issue is the fact that other companies do not support 3rd party sales of their currency. There Inc. was one of these companies, NC Soft would be another. (Though that hasn’t stopped IGE from selling gold, but that’s another story lol.)

I personally would love such a service, but sadly it is not a reality.

- Sam

_____________________

ReserveBank Division

Senior Member

Join date: 16 Jan 2006

Posts: 1,408

04-17-2006 21:53

IGE also has a bunch of workers in China making pennies
doing all the manual work of paying game accounts. Not an
easy task for a non-China based company to create from the
ground up.

IGE
Oxford House - 19th Floor
979 King's Road
Taikoo Place
Hong Kong

_____________________

There.com money exchange website ?
Derry McTeague Registered User Join date: 6 Jan 2005 Posts: 81	04-16-2006 10:17 i recently logged into there.com to sell all my stuff in my inventory since i dont play there anymore, and was dismayed when i went to IGE website and saw that they dont exchange There.com dollars..does anyone know of a site that would trade There dollars for Lindens?
Enabran Templar Capitalist Pig Join date: 26 Aug 2004 Posts: 4,506	04-16-2006 14:17 You're probably get about L$10 for all of your There money, dude. _____________________ From: Hiro Pendragon Furthermore, as Second Life goes to the Metaverse, and this becomes an open platform, Linden Lab risks lawsuit in court and [attachment culling] will, I repeat WILL be reverse in court. Second Life Forums: Who needs Reason when you can use bold tags?
Enabran Templar Capitalist Pig Join date: 26 Aug 2004 Posts: 4,506	04-16-2006 14:18 You'll probably get about L$10 for all of your There money, dude. _____________________ From: Hiro Pendragon Furthermore, as Second Life goes to the Metaverse, and this becomes an open platform, Linden Lab risks lawsuit in court and [attachment culling] will, I repeat WILL be reverse in court. Second Life Forums: Who needs Reason when you can use bold tags?
Kim Anubis The Magician Join date: 3 Jun 2004 Posts: 921	04-16-2006 15:54 You can sell your Therebucks at http://www.tbux.com for 2200 to the dollar, then buy your L$ on the Lindex. _____________________ http://www.TheMagicians.us
ReserveBank Division Senior Member Join date: 16 Jan 2006 Posts: 1,408	04-16-2006 19:52 From: Kim Anubis You can sell your Therebucks at http://www.tbux.com for 2200 to the dollar, then buy your L$ on the Lindex. All we need now is a TBUX/L$ exchange facilitiy. _____________________
Blueman Steele Registered User Join date: 28 Dec 2004 Posts: 1,038	04-16-2006 20:23 Many There users are also SL users. Maybe you can sell your there money for SL money to someone who plays both.
Sam Portocarrero Jesus Of Suburbia Join date: 23 May 2004 Posts: 316	04-16-2006 20:46 I'll gladly exchange your money if you need some L$. I've done a few of these transactions before for basic spending cash in There. (Don't kill me, old beta player here that has a free lifetime account, SL is god ) I calculate the exchange rate as follows. Most people value the T$ slightly lower then There Inc. sells them for, usally T$2000 = $1 USD. Thats what I use. Rough Example: L$2000 = $1.00 USD L$300 = $1.00 USD So... T$50,000 = $25.00 USD $25.00 USD = L$7500 Contact me inworld (SL) if you are intrested. - Sam _____________________
ReserveBank Division Senior Member Join date: 16 Jan 2006 Posts: 1,408	04-17-2006 06:25 One person being a money changer is nice, but what the world needs is a trading floor of virtual currencies. So that currency pair prices are set every minute by the market. The technology to create the trading floor isn't the problem, its the delivery of currencies which is the biggest hurdle. Somehow a user buying TBUX with L$ through a trading floor needs a delivery service (electronic or human) to pay their There.com account. And vice versa... Solve that problem and you'll be the premier global forex trading site for virtual currencies. _____________________
Sam Portocarrero Jesus Of Suburbia Join date: 23 May 2004 Posts: 316	04-17-2006 21:21 There were sites that traded T$ and other gaming currency for other gaming currency. Examples would be GOM and IGE. The problem is that even though the customers may want such a service, it may be impossible for a "fully automated" service. GOM and IGE did infact use avatars in other worlds as their "ATM's" which were actively manned. The other issue is the fact that other companies do not support 3rd party sales of their currency. There Inc. was one of these companies, NC Soft would be another. (Though that hasn’t stopped IGE from selling gold, but that’s another story lol.) I personally would love such a service, but sadly it is not a reality. - Sam _____________________
ReserveBank Division Senior Member Join date: 16 Jan 2006 Posts: 1,408	04-17-2006 21:53 IGE also has a bunch of workers in China making pennies doing all the manual work of paying game accounts. Not an easy task for a non-China based company to create from the ground up. IGE Oxford House - 19th Floor 979 King's Road Taikoo Place Hong Kong _____________________

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There.com money exchange website ?