mysupersales.com selling lindens for 6$ / 1K
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blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
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12-02-2004 12:50
http://www.mysupersales.com/MG/search.asp?gid=31&q=&sid=235&sort=2&imageField.x=47&imageField.y=18I do love their quote: From: someone Everything is priced fairly (which is an averaged value based on the input of thousands of players).
From: someone We strive to be the cheapest online Second Life store. We doubt there are any, but if you see another store with a better price please let us know and we will beat it.
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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper " Changing Realities: User Creation, Communication, and Innovation in Digital Worlds : " User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
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blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
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12-02-2004 12:54
And they are buying, too: From: someone We are currently paying $19.50 for 5 K L$ on the Second Life Main Server Server.
Hmm .. potential opportunity for arbitrage if GOM dips. http://www.mysupersales.com/MG/curbuy.asp?gid=31
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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper " Changing Realities: User Creation, Communication, and Innovation in Digital Worlds : " User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
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Artillo Fredericks
Friendly Orange Demon
Join date: 1 Jun 2004
Posts: 1,327
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12-02-2004 13:14
kewl! Wonder who runs it
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Ricky Zamboni
Private citizen
Join date: 4 Jun 2004
Posts: 1,080
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12-02-2004 13:22
From: Artillo Fredericks kewl! Wonder who runs it Really? MySuperSales is Jonathan Yantis' original site. It was purchased by IGE last year for an undisclosed (but reputedly high seven-figure) amount and basically became part of them. He's now emplyed as their VP - Strategy or somesuch. So, basically, MySuperSales is another entry point for buying from IGE. Kinda like buying a Mercury instead of a Ford -- you get basically the same product, and the money goes to the same place, but you'll pay a premium on one of them.
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blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
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12-02-2004 13:27
Yes, typical business strategy. Multiple brands for the same product.
It lets you fine tune your marketing strategies to different target markets without creating confusion.
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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper " Changing Realities: User Creation, Communication, and Innovation in Digital Worlds : " User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
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Alby Yellowknife
Sic Semper Tyrannis
Join date: 5 Jun 2004
Posts: 1,148
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12-02-2004 21:49
Another IGE scam... Stick with GOM
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Catherine Cotton
Tis Elfin
Join date: 2 Apr 2003
Posts: 3,001
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12-03-2004 00:02
From: Ricky Zamboni Really?
MySuperSales is Jonathan Yantis' original site. It was purchased by IGE last year for an undisclosed (but reputedly high seven-figure) amount and basically became part of them. He's now emplyed as their VP - Strategy or somesuch. So, basically, MySuperSales is another entry point for buying from IGE. Kinda like buying a Mercury instead of a Ford -- you get basically the same product, and the money goes to the same place, but you'll pay a premium on one of them. 7 figures very doubtful.
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Mortimer Rockwell
Second Life Resident
Join date: 13 Nov 2004
Posts: 3
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12-03-2004 03:32
Seven figures is very reasonable. I used to sell currency for TSO a year ago. Many weeks I would make over 1K doing it part time. All I was doing was buying large blocks of currency from people I met on forums and then reselling on Ebay and through a web site. So I'm more than confident that IGE pulls in more than most people realize. It's an extremely profitable business.
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Surina Skallagrimson
Queen of Amazon Nations
Join date: 19 Jun 2003
Posts: 941
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12-03-2004 03:41
From: Ricky Zamboni MySuperSales is Jonathan Yantis' original site. It was purchased by IGE last year for an undisclosed (but reputedly high seven-figure) amount and basically became part of them. He's now emplyed as their VP - Strategy or somesuch. So, basically, MySuperSales is another entry point for buying from IGE. Kinda like buying a Mercury instead of a Ford -- you get basically the same product, and the money goes to the same place, but you'll pay a premium on one of them. Maybe this explains how IGE slipped down the leader board recently if they've been transfering L$ to a different account...
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Cristiano Midnight
Evil Snapshot Baron
Join date: 17 May 2003
Posts: 8,616
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12-03-2004 11:38
From: Alby Yellowknife Another IGE scam... Stick with GOM How exactly is this a scam? I have never understood your animosity against IGE. If you are going to buy something, check into the prices of what you are buying - the burden is on the consumer. There is no scam involved.
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Lordfly Digeridoo
Prim Orchestrator
Join date: 21 Jul 2003
Posts: 3,628
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12-03-2004 13:44
From: Cristiano Midnight How exactly is this a scam? I have never understood your animosity against IGE. If you are going to buy something, check into the prices of what you are buying - the burden is on the consumer. There is no scam involved. Well, it's disingenuous at least... $6US/$L1000 is what the linden dollar was going at the height of the land boom. If they were a reputable market, they'd lower their prices down to better levels. LF
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Alby Yellowknife
Sic Semper Tyrannis
Join date: 5 Jun 2004
Posts: 1,148
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12-03-2004 14:18
From: Cristiano Midnight How exactly is this a scam? I have never understood your animosity against IGE. If you are going to buy something, check into the prices of what you are buying - the burden is on the consumer. There is no scam involved. Silence!!! You talk to much.
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blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
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12-03-2004 15:39
From: someone Silence!!! You talk to much.
Alby, the guy asks a great question. Perhaps their overhead requires them to, or perhaps they need a fatter margin because their risk are greater. Or, perhaps they are simply smarter business men than those at GOM. Why is IGE a scam? For a seemingly savvy business person, I find your perspective rather odd..
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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper " Changing Realities: User Creation, Communication, and Innovation in Digital Worlds : " User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
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Lisse Livingston
Mentor/Instructor/Greeter
Join date: 16 May 2004
Posts: 1,130
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12-03-2004 18:23
Oh, I love threads where half the posters are on *mute*
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Alby Yellowknife
Sic Semper Tyrannis
Join date: 5 Jun 2004
Posts: 1,148
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12-03-2004 19:56
From: blaze Spinnaker Alby, the guy asks a great question.
Perhaps their overhead requires them to, or perhaps they need a fatter margin because their risk are greater. Or, perhaps they are simply smarter business men than those at GOM.
Why is IGE a scam? For a seemingly savvy business person, I find your perspective rather odd.. Because IGE dictates the prices to you, whereas on GOM, the "Market" sets the prices. And a system where the market sets the price than any one person or company will always be better for the buyer or seller. As such, the IGE monkeys out there are always getting screwed because they are paying whatever IGE feels the price should be, whereas GOM folks always get the best price.
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blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
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12-03-2004 20:03
Well, IGE has an on-demand delivery as well. Don't you think that extra level of risk dictates a different pricing schedule?
Even if it didn't, a business is allowed to price as they see fit .. at least in a free market society.
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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper " Changing Realities: User Creation, Communication, and Innovation in Digital Worlds : " User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
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Alby Yellowknife
Sic Semper Tyrannis
Join date: 5 Jun 2004
Posts: 1,148
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12-03-2004 21:29
From: blaze Spinnaker Well, IGE has an on-demand delivery as well. Don't you think that extra level of risk dictates a different pricing schedule?
Even if it didn't, a business is allowed to price as they see fit .. at least in a free market society. Thats true Blaze, I agree 100%.. I'm just saying that IGE has a business model of being a Currency Retailer. Where their goal is to buy currency for as cheap as possible and resell it for as much as possible. Great for IGE, bad for the buyers/sellers. GOM is 180 degrees in the other direction. They just create a trading platform and make commission on trades. GOM's only goal is to increase volume. The price of the currency is dictated by supply and demand in the market. So whatever price your paying "is" the market price. No middle man, no profit markup, just a pure trading floor where buyers and sellers meet. See what I'm saying? IGE tacks on their profit margin to the currency your buying. So whatever your paying, it'll always be more than the market. Here is a perfect example right now at 12:25a EDT on 12-4-2004. IGE: Buy L$5,000 for $22.46 GOM: Buy L$5,000 for $19.95 As you can see, you get the better deal on GOM. IGE's profit margin will never allow them to sell you L$ for less than market price. Because the second that would happen, folks would buy from IGE and sell on GOM for a profit. (ie: Arbitrage)
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