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LindeX Market Data Past Three Months?

Teufel Hauptmann
Registered User
Join date: 11 Dec 2005
Posts: 113
02-28-2006 20:50
Hello everyone,

I'm trying to find the market data for L before three months ago. I can find the data on our website here for the past three months, with no problem, but I'd like to see what has happened over the past years. Anyone know where I can find this information?

Thanks,
Teufel
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-01-2006 19:16
From: Teufel Hauptmann
Hello everyone,

I'm trying to find the market data for L before three months ago. I can find the data on our website here for the past three months, with no problem, but I'd like to see what has happened over the past years. Anyone know where I can find this information?

Thanks,
Teufel




Yes. Here is your data...

http://secondlife.com/currency/graph-price.php


Day 1: Down
Day 2: Down
Day 3: Down
Day 4: Down
Day 5: Down
Day 6: Down
Day 7: Down
Day 8: Down
Day 9: Down
Day 10: Down

Let me know if you need some more data...
_____________________
Teufel Hauptmann
Registered User
Join date: 11 Dec 2005
Posts: 113
03-01-2006 20:50
yea, I have seen that chart, but I'm looking for info on the L before that. Like last year. Thanks
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-01-2006 20:57
From: Teufel Hauptmann
yea, I have seen that chart, but I'm looking for info on the L before that. Like last year. Thanks



Better ask the GOM folks to report the data they have..
Thats where the L$ was traded until LL decided to stab
GOM in the back.


Online exchange dumps 'Second Life'
By Daniel Terdiman
Staff Writer, CNET News.com
Published: September 29, 2005, 5:23 PM PDT
http://news.com.com/Online+exchange+dumps+Second+Life/2100-1043_3-5885924.html


Gaming Open Market, which for the last two years has facilitated the sale of $2.76 million in currency from virtual world "Second Life," is getting out of the game.

Since its inception in 2003, Gaming Open Market has dealt almost exclusively in the trade of Lindendollars--the "Second Life" virtual currency--for U.S. dollars. Players with too many Lindendollars would use GOM as an exchange through which to sell their excess to players looking to buy more. GOM charged a commission for each transaction.

The relationship between GOM and Linden Lab was so close, in fact, that the publisher promoted the inclusion of ATMs in "Second Life." That allowed players to make deposits to or withdrawals from their GOM accounts.

But about a month ago, Linden Lab began talking about launching its own player-to-player exchange. The forthcoming competition appears to have led to GOM's decision to get out of the Lindendollar business.

GOM did not respond to requests for comment.

"We started talking to GOM and told them what we (were going) to do," said Linden Lab CEO Philip Rosedale. "They were like, 'Jeez, if you do that, it's going to have a big effect on us.' And that's true."

Rosedale said Linden Lab began talks with GOM about possibly purchasing the exchange, but in the end, the two companies couldn't reach an agreement.

GOM's announcement, sent to its members on Tuesday, said it would halt all Lindendollar trades on Oct. 2 and that, "we feel that closing the (Lindendollar) market to concentrate on other projects is in the long-term best interests of GOM."

GOM didn't mention what other projects it might pursue, and Rosedale said he had no insight into the exchange's plans.

But because GOM has dealt exclusively with Lindendollars for so long--it initially traded in the currencies of many online games, but later decided to focus on Lindendollars--it isn't clear what options it has.

GOM's decision doesn't mean "Second Life" players can't turn to third parties to buy or sell Lindendollars. There are several other such exchanges, including IGE, one of the largest secondary markets for the virtual goods of online games like "World of Warcraft," "EverQuest" and others.

In any case, one observer of virtual worlds told CNET News.com that Linden Lab might be better off creating its own player-to-player exchange and that the company's move could be a precursor to similar future moves by other publishers of online games and virtual worlds.

"In the long run, virtual worlds that intend to support (real money trades) may want to manage--if not operate--that process themselves," said Nate Combs, an editor of Terra Nova, the leading Web site about online games and virtual worlds. "I believe that what we may see ultimately emerge is an eBay model among such virtual worlds where the core market--and data--is owned or controlled by the center but where third parties are able to value-add and innovate via add-ons regulated via a 'developer program.'"
_____________________
Surina Skallagrimson
Queen of Amazon Nations
Join date: 19 Jun 2003
Posts: 941
03-02-2006 02:15
Teufel, LindeX only started in September. Before that most trades were done through GOM. The graph you want is in this thread.
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Surina Skallagrimson
Queen of Amazon Nation
Rizal Sports Mentor

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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 05:27
This chart says it all: http://forums.secondlife.com/attachment.php?attachmentid=28494


The Linden Dollar is falling an continues to fall day after day.
Too bad the naysayers can't comprehend forcasting. Because
they thumped their chest about the strength of the Linden Dollar
when it was at US$4 and yet a few months later, its down another
10-12% percent...

Don't believe the hype, look at the numbers and the chart.
the Trend is Down!!!
_____________________
Calix Metropolitan
Registered User
Join date: 10 May 2005
Posts: 212
03-02-2006 09:56
From: ReserveBank Division
This chart says it all: http://forums.secondlife.com/attachment.php?attachmentid=28494


The Linden Dollar is falling an continues to fall day after day.
Too bad the naysayers can't comprehend forcasting. Because
they thumped their chest about the strength of the Linden Dollar
when it was at US$4 and yet a few months later, its down another
10-12% percent...

Don't believe the hype, look at the numbers and the chart.
the Trend is Down!!!



Months...lol...it was more like 2 weeks. Cue up some Duane Allman blues guitar... ;)
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 10:26
From: Calix Metropolitan
Months...lol...it was more like 2 weeks. Cue up some Duane Allman blues guitar... ;)





Calix:


Oct 2005 - Mar 2006 isn't two weeks. Its 5 months.


http://secondlife.com/currency/graph-price.php
_____________________
Red Mars
What?
Join date: 5 Feb 2004
Posts: 469
03-02-2006 10:51
From: ReserveBank Division
This chart says it all: http://forums.secondlife.com/attachment.php?attachmentid=28494


The Linden Dollar is falling an continues to fall day after day.
Too bad the naysayers can't comprehend forcasting. Because
they thumped their chest about the strength of the Linden Dollar
when it was at US$4 and yet a few months later, its down another
10-12% percent...

Don't believe the hype, look at the numbers and the chart.
the Trend is Down!!!



As a pure consumer in SL, I say YAY!!! Cheaper Lindens!! Woohoo!
Patch Lamington
Blumfield SLuburban
Join date: 2 Nov 2005
Posts: 188
03-02-2006 12:33
Dont cheer too much yet Red, for some reason RBD linked to a chart which ended in May 2005.

Quick question, how many residents were there in May 2005? 50,000? I joined in November when there were around 80,000. Lets face it, it was quite a different game then.

For something more recent, try https://secondlife.com/currency/market.php - select the 'all' option and you'll see the market since the lindex opened - at around 280-310L$ to the dollar.
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Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
03-02-2006 12:45
Welll I could take it from the first day Lindex opened and say 'its constantly improving'
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The Second Life forums are living proof as to why it's illegal for people to have sex with farm animals.

From: Jesse Linden
I, for one, am highly un-helped by this thread
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 13:17
From: Siggy Romulus
Welll I could take it from the first day Lindex opened and say 'its constantly improving'





That would be a cheap assessment. Considering there was flux in the
transition between GOM and LindenX...

Start your assessment once the L$ stabilized on LindenX around US$4.00
and you get a terrible decline in the L$ over the last 5 months.
_____________________
Toy LaFollette
I eat paintchips
Join date: 11 Feb 2004
Posts: 2,359
03-02-2006 13:37
Yup.... time to throw myself off the ivory tower.... oh wait did that last ime..... still not seeing a reason for all the hype about a decline on increase.... Life goes on, people have fun.... just because chicken little cris doom does not make it so.... I will go on paying my tier, enjoying SL and never panic untill the lights go out..... this is Second Life, not $econd Life.
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"So you see, my loyalty lies with Second Life, not with Linden Lab. Where I perceive the actions of Linden Lab to be in conflict with the best interests of Second Life, I side with Second Life."-Jacek
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 13:50
From: Toy LaFollette
Yup.... time to throw myself off the ivory tower.... oh wait did that last ime..... still not seeing a reason for all the hype about a decline on increase.... Life goes on, people have fun.... just because chicken little cris doom does not make it so.... I will go on paying my tier, enjoying SL and never panic untill the lights go out..... this is Second Life, not $econd Life.




Hahahah.... You might think its Second Life, but its supported
by $econd Life. Regardless if you choose to believe it or not.
_____________________
Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
03-02-2006 13:55
From: ReserveBank Division
That would be a cheap assessment. Considering there was flux in the
transition between GOM and LindenX...

Start your assessment once the L$ stabilized on LindenX around US$4.00
and you get a terrible decline in the L$ over the last 5 months.


Just showing how subjective your own assessment is.
_____________________
The Second Life forums are living proof as to why it's illegal for people to have sex with farm animals.

From: Jesse Linden
I, for one, am highly un-helped by this thread
Toy LaFollette
I eat paintchips
Join date: 11 Feb 2004
Posts: 2,359
03-02-2006 14:03
From: ReserveBank Division
Hahahah.... You might think its Second Life, but its supported
by $econd Life. Regardless if you choose to believe it or not.


Wrong it's supported by typical players such as myself. Without us there would be neither Second Life or $econd Life.... think about it :)
_____________________
"So you see, my loyalty lies with Second Life, not with Linden Lab. Where I perceive the actions of Linden Lab to be in conflict with the best interests of Second Life, I side with Second Life."-Jacek
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 14:13
From: Toy LaFollette
Wrong it's supported by typical players such as myself. Without us there would be neither Second Life or $econd Life.... think about it :)




Sure Toy, Sure... And land barons like Anshe would still pump
thousands of dollars into SL which in turn funds LL's expansion and
growth, if they couldn't make L$ Profit..

Don't be blinded by the rainbows and roses. The almighty Greedy
traits of Barons and Profit seekers is what keeps LL in business which
in turn keeps Second Life Alive.
_____________________
Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
03-02-2006 14:17
they only make profit because of the regular everyday people who buy L$...

ponder that on the tree of woe... you need them much more than they need you.
_____________________
The Second Life forums are living proof as to why it's illegal for people to have sex with farm animals.

From: Jesse Linden
I, for one, am highly un-helped by this thread
Toy LaFollette
I eat paintchips
Join date: 11 Feb 2004
Posts: 2,359
03-02-2006 14:18
From: ReserveBank Division
Sure Toy, Sure... And land barons like Anshe would still pump
thousands of dollars into SL which in turn funds LL's expansion and
growth, if they couldn't make L$ Profit..

Don't be blinded by the rainbows and roses. The almighty Greedy
traits of Barons and Profit seekers is what keeps LL in business which
in turn keeps Second Life Alive.

Wake up!!! most people do not make money is SL. I dont, and dont need it to. I dont need to make more than I do in RL.. this is a entertainment medium... nothing more. If your entertained and obsessed with money fine, but dont preach doom and gloom about it constantly. I dont care if anyone makes money in SL or everyone does. It just doesnt concern the majority.
_____________________
"So you see, my loyalty lies with Second Life, not with Linden Lab. Where I perceive the actions of Linden Lab to be in conflict with the best interests of Second Life, I side with Second Life."-Jacek
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 14:56
From: Toy LaFollette
Wake up!!! most people do not make money is SL. I dont, and dont need it to. I dont need to make more than I do in RL.. this is a entertainment medium... nothing more. If your entertained and obsessed with money fine, but dont preach doom and gloom about it constantly. I dont care if anyone makes money in SL or everyone does. It just doesnt concern the majority.




Care to rephrase your assumption? I believe its you who
needs to Wake Up. You've been napping and got
blindsided..




Making a Living in Second Life
By Kathleen Craig
02:00 AM Feb, 08, 2006 EST
Source: http://www.wired.com/news/technology/0,70153-0.html?tw=rss.index

Jennifer Grinnell, Michigan furniture delivery dispatcher turned fashion designer in cyber space, never imagined that she could make a living in a video game.

Grinnell's shop, Mischief, is in Second Life, a virtual world whose users are responsible for creating all content. Grinnell's digital clothing and "skins" allow users to change the appearance of their avatars -- their online representations -- beyond their wildest Barbie dress-up dreams.

Within a month, Grinnell was making more in Second Life than in her real-world job as a dispatcher. And after three months she realized she could quit her day job altogether.

Now Second Life is her primary source of income, and Grinnell, whose avatar answers to the name Janie Marlowe, claims she earns more than four times her previous salary.

Grinnell isn't alone. Artists and designers, landowners and currency speculators, are turning the virtual environment of Second Life into a real-world profit center.

"It's not just a game anymore," said online artisan Kimberly Rufer-Bach. "There are businesses, nonprofits and universities" taking advantage of the online world.
_____________________
Toy LaFollette
I eat paintchips
Join date: 11 Feb 2004
Posts: 2,359
03-02-2006 15:11
From: ReserveBank Division
Care to rephrase your assumption? I believe its you who
needs to Wake Up. You've been napping and got
blindsided..




Making a Living in Second Life
By Kathleen Craig
02:00 AM Feb, 08, 2006 EST
Source: http://www.wired.com/news/technology/0,70153-0.html?tw=rss.index

Jennifer Grinnell, Michigan furniture delivery dispatcher turned fashion designer in cyber space, never imagined that she could make a living in a video game.

Grinnell's shop, Mischief, is in Second Life, a virtual world whose users are responsible for creating all content. Grinnell's digital clothing and "skins" allow users to change the appearance of their avatars -- their online representations -- beyond their wildest Barbie dress-up dreams.

Within a month, Grinnell was making more in Second Life than in her real-world job as a dispatcher. And after three months she realized she could quit her day job altogether.

Now Second Life is her primary source of income, and Grinnell, whose avatar answers to the name Janie Marlowe, claims she earns more than four times her previous salary.

Grinnell isn't alone. Artists and designers, landowners and currency speculators, are turning the virtual environment of Second Life into a real-world profit center.

"It's not just a game anymore," said online artisan Kimberly Rufer-Bach. "There are businesses, nonprofits and universities" taking advantage of the online world.


Hey hon, it is a game :) I make more than enough RL to pay for my addiction. Apparently you dont :)
_____________________
"So you see, my loyalty lies with Second Life, not with Linden Lab. Where I perceive the actions of Linden Lab to be in conflict with the best interests of Second Life, I side with Second Life."-Jacek
Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
03-02-2006 15:26
Still doesn't support 'most people in SL do though'

That just says 'this one person does.. and some others do too'

Its very hard to prove one way or the other really - because you don't know what the number that is 'the majority' in SL... let alone what they do.

But I would hazard a guess that those that use SL as their primary source of income are in the minority.... and I think I would lay money on those odds.

Of course in the RBD Bizzaro world of everything am backwards... they will disagree :p
_____________________
The Second Life forums are living proof as to why it's illegal for people to have sex with farm animals.

From: Jesse Linden
I, for one, am highly un-helped by this thread
Toy LaFollette
I eat paintchips
Join date: 11 Feb 2004
Posts: 2,359
03-02-2006 15:34
and of course reports of a few people making a bit of money off a game is news.... never a word about the average player.
_____________________
"So you see, my loyalty lies with Second Life, not with Linden Lab. Where I perceive the actions of Linden Lab to be in conflict with the best interests of Second Life, I side with Second Life."-Jacek
Patch Lamington
Blumfield SLuburban
Join date: 2 Nov 2005
Posts: 188
03-02-2006 16:32
quick math test:

if 70,000 SL players want to each earn $2500 USD a month selling lindens on lindex,
how much will the other 70,000 SL players have to spend on average buying
lindens?

anyone still think that most people are here for the money?

ps Anshe does most of her trade in USD - not lindens.
pps good on her, and everyone else who IS making a real living in SL.
ppps If people didnt quote RBD I'd never know what he was on about! Im really enjoying the 'ignore' feature :)
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Blumfield - a regular everyday kind of 'burb in an irregular world.
This notice brought to you by the Blumfield Visitors and Residents Bureau.
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 18:36
From: Toy LaFollette
and of course reports of a few people making a bit of money off a game is news.... never a word about the average player.



Because the average player like you spends their time
making rainbows and fails to see the Cha$Ching you could
be making. That is why nobody does stories on the average
person.
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