Its Red Tuesday, run for your lives!

With all due respects Selene...

You paid $1000 per year, a one time fee of $69.95, plus $7.95 per month for this AW but you cant bring yourself to pay $6.00 per month, or even sacrifice your free basic weekly stipend of $L50 (.15 cents), for SL?

I am no longer in AW. I have not been a citizen of AW for about 5 years now. My financial situation has changed drastically since then. The details of my personal/finacial life are none of your business.

If you would read my post again I did state I paid $1000 for 6 worlds. As for the rest I was simply providing information as to costs. Some of those costs I did have to pay. Others I did not since AW did offer ways around them. Smaller worlds could be won by winning at bingo and the setup fee was waived for those worlds. Great promotional and it also inevitably put more money into AW's bank account when renewals came up at the end of a year.

So let me see if I get this right...

Every opportunity you get on these forums, you make the details of your financial situation public.

You do so in an effort to gain sympathy in support of your point of view, which more often than not differs from my point of view, and you quote me directly when doing so. But when I allude to it, it is none of my business?

May I suggest that If you don't want anyone to comment on the details of your financial life, then your best bet is to keep them off of a public forum.

"I am reasonably certain that the stipends are contributing to the decline of the L$." Vasudha Linden. - Vashuda Linden.....

Ok my question is What Basis Do YOU have for this theory? Reasonably certain is often a term used when people really arnt sure at all. I'd liek to see some proof of this in some context rather then a ton of theories that the stipend is actually the downfall of The Linden Value. As i have seen contrary to The thoery time and time again. And i question again WHO really benefits getting rid of the stipend ? My answer that i have is the Poeple that Have Money already. Not new comers not people that are just getting into stuff. The stipend is needed as much as anything else in SL is. Im not insulting you but it just makes no sense without any contexual proof of the matter. Its the fact people just want quick gratification of selling L and sell it low to sell it quick nothing more nothing less!

Wrong. I have never disclosed details (plural) of my finances on a public forum. I simply stated having AT ONE TIME paid a certain amount. Others have done the same thing but I dont' see you pouncing on them for it.



Again wrong. I am simply using myself as an example mainly because it is the one example I am most familiar with. Again others do this and you are not pouncing on them for it.




No. You may not.

It is certainly possible that the stipends are causing the L to drop. However as I look at the Lindex's market data I see several sells well over 1million L being dumped. That most certainly caused a significant drop in the L today. Much much more than the stipends would have.

See image below.
http://www.asimslife.com/lindex.jpg

So would some of you linden market experts like to enlighten us ignorant general users that actually like getting more L to the $1USD why all those high million $L dumps are not the cause of the drop in L this Tuesday? Especially when most people haven't even been home from work yet to spend their stipends?

Surly some rich cat that keeps saying the stipends causes the L to drop isn't the one dumping million of L at such a crazy rate just to prove they are right about stipends on a false basis?

However I really don't care. The only thing that bothers me is the small push to rid stipends. If the stipends are the problem then they need to find a work around for it other than getting rid of them and increasing costs to players. They get rid of them then they will loose a lot of players paying real $USD that pays Lindens bills. I don't see them doing that. They know the stipends bring in more real USD then they loose with the L dropping.


No stipends or higher costs = less players = less USD for Lindens to pay bills and profit from.

Every time you repeat this I feel shame for our community. It's incredibly disrespectful. This is why crusades are a bad thing.
I give LL more credit than that, as a default setting. I see no reason why they should have any experience in 'online gaming', I'd prefer the blinkers off personally.
Does an economist have to have lived in China to analyse China?

Not a economics wizard... but it's fairly simple supply and demand equation.

If there were only 1 million lindens, and everybody wanted them -- it would would drive the price of any single linden up. If there were 1 trillion lindens, and hardly anybody wanted them, then the price would essentially be zero -- you couldn't give them away.

So you have the supply of Lindens, which equals the number currently in circulation.

When one person sells a linden on the lindex, some other player is buying that linden -- it never leaves circulation. So large, even multi-million linden dumps, do not change the number of lindens in circulation -- thus the exchange rate would generally rebound afterwards.

What can and does effect the exchange rate when looking at the long term, is the supply verus the demand. The demand is a function directly related to how many players need/want more lindens.

Supply is effected by sources and sinks. Sources, in this case there is only one source, Linden -- adds brand new lindens to the economy on a weekly basis in the form of Stipends. This is new currency in the supply. They also remove currency from the pool in the form of sinks, which include upload fees, group fees, classified fees, etc. Paying for your tier with lindens by selling them on the Lindex is not a sink, because those linden are simply transfered to another player.

The demand is a function of how many "players" there are and how much they want to spend in world.

If the supply of new lindens (from sources/stipends) exceeds the sinks by an amount that also out paces the growth in demand, then the linden will continue to loose value.


So there are three broad categories for fixes:
1. Reduce the number of new lindens being added to the supply. Since there is only once source, Stipends, then that would entail reducing stipends. This could be done simply by cutting off or reducing stipends for all new accounts (it need not effect any existing account.)

2. Increase the sinks -- add more fees, and taxes to remove money from the supply.

3. Increase demand such that it outpaces the growth in supply. This is however currently tied directly to #1, because every new player also adds a new source via their stipend.


The opinions to which path to take, varies depending on your own fanancial situation, your willingness to pay Linden Labs to play Second Life and a dozen other factors.

I'm not an expert, and not claiming to be -- just regurgitating what I've learned here in the forums in the last few weeks.

There are plenty of posts by you on these forums regarding your financial situation and your inability to afford a subscription, and how the elimination of the L$50 basic stipend would be tantamount to a financial hardship for you. To distance yourself from this fact at this point is futile.

I would post them here for all to see but that is not as important to me as respecting your wishes to refrain from responding to your threads based on the content of said threads, even though you quote me in them and/or use your financial situation to support your point of view.

Oh and I am not pouncing on you at all. I was simply curious about the observed inconsistency between both accounts.

Be well and don't let these forums get to you too much

If you wish to interpret what I have said that way, go for it. It just tells me you totally misconstrued my posts.

Buy high, sell low.

2.95 buy
2.50 sell

Sell High , Buy Low

L$295 Sell
L$350 Buy

Ok Look I'm no market expert, but there is NOTHING wrong with stipends. It what lots of Premium Users Mostly Pay for. I'm a basic user and just recently started playing. Every Tuesday I've every seen it's exactly the same as any other day. People go around learn stuff meet people Build stuff sell stuff buy stuff, ETC.

Not to get All Crazy Homocidal over this, but seriously the market is sufering nothing. Ive watched the values that we get stay in a fairly consitent trend.

Being someone who spent some time with the Stock Market you need to realize that Daily,Weekly,Monthly,Quarterly,even Anually The Market can and will flucuate. We might see a decline due to stipends in a long time from now when SL has almost come to its end (I hope this is a long time from now)


Anyway enough pointless talking. The point of this long first post: THERE IS NO REASON TO GET RID OF STIPENDS. INFACT THEY'RE ONE OF THE BIG DRIVING FORCES TO OUR ECONOMY...

Thank you for your time

You know, you really shouldn't give away your market manipulation secrets that way.LMAO It's almost as bad as leading people to be totally misled as to the REAL causes of Lindens falling. You know I like my idea of making it a rule you have to sell through a linden controlled web site, be monitorred and once you hit 200,000 in L sales per month the only way you can get rid of them is say...pay employees..buy stuff in world...feed the in world economy rather than taking from it.....now there's a new and radical idea.LOL