Make US$ by having a premium account

Ok, I'd just like to say also, your reasoning is very bad...
You need to get every variable and fixed cost, and the same for income.

Yes, you get a few dollars, but does it cover teh cost of your internet + the electricity you used? You can even add the cost to buy your computer, rent your housr or buy it. This would be stupid, but you acually don't make any profit, over a year. and the fist land money, is one off. Plus the intitial balance is also one off. So in the first month, you make a loss. If you buy 1 year, you have to make the 72 dollars. and keep in mind that LindeX charges 3.5 % on what you make. so you make, once again, a small profit or a little loss.

ALSO if you put the money into Ginko, the bank of SL. you get intrest every day, extra money...

Hehehe!

First of all, the value of the L$ can go up and down any time, it's very risky. If we suppose (just for an example) you have a 30% chance of getting a US$ 10 profit and 70% chance of losing US$ 30, the overall outcome can be quite negative.
What if you payed US$ 72 and the SL L$ goes down to L$ 1000/ US$ 1? You lose.

Second, it reminds me of the classical example: 10 farmers get together, buy a land with grass growing for 100 cows, so every farmer has 10 cows. But then one farmer realizes, that the land can bear with just a bit more, so he gets one more cow, having a total of 11 cows.
In theory, he's getting food for 1 cow "free" (just as the L$/US$ in your example). But in practice, once others start doing the same, the land will not be able to sustain the system, and it will crash bad.

But hey, then it gets even more complex. Let's suppose I want to get 200 000 L$ from you, RIGHT NOW! I don't want it one year from now, or 3 months from now, I want it NOW!
You could register 200 accounts, that takes at least 40 credit cards (that are also time and money for you to get, with added costs). If we use that, it's probably not worth it for you. Or you could just register 20 accounts (5 credit cards), and LOAN the L$ money from somewhere, so you could give it to me instantly, but only repay it a bit by bit to the loaner. But then there's interesest.

So, I think the limited weekly monay, the added costs or the overhead practically make it impossible, infeasible to realize a real profit with that kind of speculation.
I mean, how many credit cards do you have? How much work, costs would it take to get 50 credit cards? How much to "maintain" them, check not to be late on any, etc?

Hmm, I titled this thread the wrong way. Everyone is missing what I mean by making money. I'm not saying that every person that has a premium account has new US$ in their pocket just by signing up. I'm saying that there is an imbalance in the benefits received compared to the cost of the premium account. The premium account is one peice to the puzzle. It does not automatically get charged all the other fees people mention. It does not automatically get bonuses for things like referals unless the person referred someone.

Everyone that reads this thread seems to think I'm talking about the net earnings of every premium member. I'm only going to say this once, and then I'm done with all this. I never meant to discuss the amount of money a person makes in Second Life. I meant to talk about the value of the premium account period. Those that are asking me to add numbers are talking about an entirely different subject, because those are numbers associated with making or losing money in Second Life as a whole. That is an interesting subject, but not one I'm going to discuss today or in this thread.

"Do you think the fact that new premium accounts can make real money just by signing up is good for the economy or bad for the economy?"

Don't say people are missing the point, we get your point,(You know as I learned to read in elementary school.) we simply are pointing out other factors that would have an effect your projected value of the premium account. (Thus affecting the point in the first place.)

There isn't an imbalance because that money is usally put into the system again one way or another, and several people have pointed that out but I don't think your seeing that, though I'm sure you'll inform me if I'm mistaken.

If you have an experiement and you don't take in factors that would effect your results
(just because you don't want to) then your results are not accurate.

There is not a yes or no answer to your question. Simply because its not realistic. Hypothetical situations like these don't effect the economy because its more than likely that it won't happen.

You are right that money is being put into the system. Your opinion is exactly what I'm looking for. You are giving me an opinion on what the money does. Your opinion is that it just goes back into the system and has no effect. Thank you, that was the question and you have answered it.

My opinion is that the $L made from stipends going into the system makes everyone else's $L less valuable. The money made off of land makes everyone's land less valuable. I think the US$ going into the system never change just because more $L and land are going in.

As for my statements that people are missing the point, how can I put this in a simpler way? I'm talking about them discussing a different topic altogether. The original topic was about how much money you lose or make altogether when adding up all costs and revenues for only the premium account. If the revenue or cost is not directly related to the actual premium account, then it is not a revenue or cost of the premium account. Your internet bill is a cost of having the internet. Your referal bonus is the revenue you recieve for making a referal. The cost of hair is the cost of buying hair in Second Life. None of these are costs or revenues that happen, because you have a premium account. They are costs and revenues that happen for other reasons.

I'm not saying, oh no people are making money by opening premium accounts and doing nothing. I'm saying when you look at the one peice called premium accounts, you are getting more value than you are paying. This is not about some actual occurance, it is about having a look at one peice of things individualy.

I'm going to try one last blanket example to show the difference between money made on one thing and money made overall.

If I make US$8000 from my job his month, that is a revenue I receive for having that job. If someone comes and points out that I spent US$120 on gas to get to my job, then that is a cost of having my job. If someone comes and points out that I spent US$50 on a new computer game, that is not a cost of my job. That is the cost of the computer game. If someone points out I made US$2000 on the stock market. That is not money made from my job, that is money made from the stock market. I can make a profit by having a job when comparing the costs to the revenue for having the job. Trying to find the amount of change the job makes on my overall increase or decrease in money is not the same as trying to find how much money I have made or lost overall. My bank account can go down by US$10,000, but that loss in my bank account is not a result of my having a job.

When you try to bring other factors into the cost and revenues of the premium account, you are discussing the overall money someone makes or loses in Second Life. The numbers I have given show the amount of money gained and lost soley from the purchase of a premium account. Please do not come back and respond to my numbers as if I were trying to talk about the overall money gained or lost from being in Second Life.

you shouldnt ask people to not reply with their opinions just because it doesnt fit your concepts.

if they are not violating any rules here, they have a right to voice their opinion as they see fit.

Freedom of Speech.

I don't have a problem with your opinion. I would love to see you talk about ways the money made on the premium account helps or doesn't affect Second Life residents, even though I don't agree that it does. I started the topic so people with different opinions would discuss their opinions about that topic. I don't like people responding like I'm saying something I am not saying. If you have an opinion about a different topic, then don't give that opinion as a response to me when I'm not even on the same topic as you.

Person A: "I made US$20 off of the coat I bought."

Person B: "You are just complaining, did you know that you spent US$120 on gas this month."

This is what your responses have sounded like to me. Talking about the costs of Second Life is not even on the same topic as my posts have been on. You are free to express your opinion of what those costs are, but don't express it as a response to me when I never even talked about that topic.

A response pointing out another cost of being in Second Life makes it sound like I'm discussing all the costs and benefits of Second Life as a whole. I've tried over and over to tell that I have never talked about that subject and do not wish to. Somehow you think that means I don't like your opinion. Where is the communication breaking down here?

you presume to think my last statment has anything to do with me and you.

I am going to make a constuctive suggestion to you.
now please if you don't understand the definition of suggestion look it up, I dont want you posting back that i am telling you what to do.

Since your origonal post obviously is being misunderstood (so you say) by obviously several people including myself. And you seem to not like people debating variables or add any opinions that doesnt have to do with the black and white numbers you set out.

My suggestion is for you to stop posting to this thread and start a new one with a more thought out opening statement, researching deeply anything that would go against your strong statements (don't use words like never, u may get proven wrong) and perhaps a friend that's strong point is writing and debating proof read your opening statement before you post.

You can not expect to publically open up a topic for discussion/debate and have everyone agree with your views. People are going to disagree and add variables. Be prepared to back up your statements. when you discuss subjects with others, you have to keep an open mind. Life is not black and white, even scientist will tell you there is grey areas. Hippies will tell you it's all a rainbow.

Have a Nice day