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LindeX Market Data Past Three Months?

ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 18:38
From: Patch Lamington
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 :)




hahahahha... You gotta love it. I'm ignored by Patch and
yet she/he/whatever still can't help but respond to me...
If only I could get my critics to ignore me, I would never
have any opposition.. hheheheh
_____________________
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 18:41
From: Toy LaFollette


Making a Living in Second Life
By Kathleen Craig
02:00 AM Feb, 08, 2006 EST
Source: http://www.wired.com/news/technolog...ml?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.



Hey hon, it is a game :) I make more than enough RL to pay for my addiction. Apparently you dont :)



You can't deny the fact that people smarter than you are cashing
in on Second Life. Profit and Greed now rule SL, you only speak of
dreams from a bygone era. In 2006, the almighty L$ is your
master. Accept it....
_____________________
Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
03-02-2006 18:54
Used to be this guy named alby who refered to people who make stuff as 'making rainbows'

Was very keen on short selling lindens...

And also thought himself a bit of a saviour on how to save LL and the economy.


His other claims to fame were:

Being whoafully less intelligent than he claimed to be.
An uncanny ability to predict what had happened a week ago.
And giving financial advice 180 degrees of what made sence.

Any of this sounding familiar to any of the older folks at home?


(oh and the geko-esque comment one thread above sounds familiar too :P )

lol.
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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
Toy LaFollette
I eat paintchips
Join date: 11 Feb 2004
Posts: 2,359
03-02-2006 19:16
From: ReserveBank Division
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.

Thats quite an assumption of what I do in SL since you dont know me. I do what I want to do. If its making rainbows or whatever so be it, but I I dont do it for the money, just the shear pleasure of creating, not destroying.

Just who would gain from your schemes? The average player or just your supposed select few? I can tell you who, no one, SL would go under. But maybe that is your plan.... to grab as much as possible before it does.
Like I have said, I dont need to make money in SL, what I do make is great but it is not important to me.



Siigy, now that you mention it, by golly there is quite a comparison :)
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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
Toy LaFollette
I eat paintchips
Join date: 11 Feb 2004
Posts: 2,359
03-02-2006 19:21
From: ReserveBank Division
You can't deny the fact that people smarter than you are cashing
in on Second Life. Profit and Greed now rule SL, you only speak of
dreams from a bygone era. In 2006, the almighty L$ is your
master. Accept it....


More assumptions? You havent a clue as to how smart I am but you have made baseless claims about my mentality .... bad move :)
_____________________
"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 19:44
well the argument has twisted from 'Most people do this' to 'well some people do this but the rest are stupid'

Its the typical backpedal maneuver we've come to know and love :P
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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 20:00
From: Siggy Romulus
well the argument has twisted from 'Most people do this' to 'well some people do this but the rest are stupid'

Its the typical backpedal maneuver we've come to know and love :P




Well, if you didn't respond with useless remarks, these topics
wouldn't go down hill...


"Welll I could take it from the first day Lindex opened and say 'its constantly improving'"
-Siggy

Speak the truth next time.. The Linden Dollar is going down
and everybody knows it, except you.
_____________________
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 20:04
From: Toy LaFollette
Thats quite an assumption of what I do in SL since you dont know me. I do what I want to do. If its making rainbows or whatever so be it, but I I dont do it for the money, just the shear pleasure of creating, not destroying.

Just who would gain from your schemes? The average player or just your supposed select few? I can tell you who, no one, SL would go under. But maybe that is your plan.... to grab as much as possible before it does.
Like I have said, I dont need to make money in SL, what I do make is great but it is not important to me.



Siigy, now that you mention it, by golly there is quite a comparison :)




I just figured it out, you are that Teacher in Colorado who was
talking about the evils of capitalism that got suspended.. I knew I
recalled your style of ranting from somewhere...


http://www.9news.com/acm_news.aspx?OSGNAME=KUSA&IKOBJECTID=b8298706-0abe-421a-0116-75e16c449518&TEMPLATEID=0c76dce6-ac1f-02d8-0047-c589c01ca7bf
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Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
03-02-2006 20:11
From: ReserveBank Division
Well, if you didn't respond with useless remarks, these topics
wouldn't go down hill...


"Welll I could take it from the first day Lindex opened and say 'its constantly improving'"
-Siggy

Speak the truth next time.. The Linden Dollar is going down
and everybody knows it, except you.


Yah - whatever - but just saying it doesn't make it so I guess.. and good thing for that... when you have something to support your speculation I'll start listening to you - till that day arrives - I'll suggest that others dont.

See if you were such a successful biz person you'd be like the rest of the top percent - actually making money - rather than trying to scam ways to get what little you probably have to be worth more :P

(BTW the chart showing the last 30 days doesn't seem to support your theory)
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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
Ricky Zamboni
Private citizen
Join date: 4 Jun 2004
Posts: 1,080
03-02-2006 20:33
From: Siggy Romulus
(BTW the chart showing the last 30 days doesn't seem to support your theory)

Even a dead cat will bounce if it falls hard enough.
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-02-2006 20:47
From: Siggy Romulus
Yah - whatever - but just saying it doesn't make it so I guess.. and good thing for that... when you have something to support your speculation I'll start listening to you - till that day arrives - I'll suggest that others dont.

See if you were such a successful biz person you'd be like the rest of the top percent - actually making money - rather than trying to scam ways to get what little you probably have to be worth more :P

(BTW the chart showing the last 30 days doesn't seem to support your theory)




There is no speculation in what I'm talking about. It all facts.
The Linden Dollar is going down and the Lindens patchwork
fixes have done nothing to steam the tide....

Prove me wrong. Tell me when the L$ will be worth
US$4=L$1000 or better? Because as far as I can see,
there is Tens of Thousands of US Dollars required to
buy up the glut of Linden Dollars to reach that level...

And as the Glut Grows (Thanks to Stipends), the L$ will
continue to fall.. Fact, Fact, Fact... But only the ignorant
believe all is fine. You and the blind were singing the same
song back in Oct'2005. And yet the L$ falls...

Wake Up and Smell the Coffee...
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Toy LaFollette
I eat paintchips
Join date: 11 Feb 2004
Posts: 2,359
03-02-2006 21:20
From: ReserveBank Division
I just figured it out, you are that Teacher in Colorado who was
talking about the evils of capitalism that got suspended.. I knew I
recalled your style of ranting from somewhere...


http://www.9news.com/acm_news.aspx?OSGNAME=KUSA&IKOBJECTID=b8298706-0abe-421a-0116-75e16c449518&TEMPLATEID=0c76dce6-ac1f-02d8-0047-c589c01ca7bf


This may be hard for you to grasp but reverting to name calling doesnt make your point. It reminds me a lot of children fighting in a schoolyard.

A teacher, hardly, although I do teach in SL.... just what was it you do in SL?
_____________________
"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
Michael Seraph
Second Life Resident
Join date: 9 Nov 2004
Posts: 849
03-02-2006 21:34
From: ReserveBank Division
There is no speculation in what I'm talking about. It all facts.

Wow. Facts. So how what percentage of residents are getting $L500 a week and what percentage $L50? Oh, don't have that fact, huh?

How many people trade money on LindeX? Nope, don't have that fact either.

How many residents make more than they spend in SL? What, you don't have that fact?

How much money goes out of the system through payments to LL (upload fees etc)? What you don't have that either?

You don't have the data to make any of the assertions you've made except that the value of the $L has declined over the years. You're just pulling ideas out of your butt and telling us that they're based on "facts". Facts you don't have. LOL.
Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
03-02-2006 22:18
From: ReserveBank Division
There is no speculation in what I'm talking about. It all facts.
The Linden Dollar is going down and the Lindens patchwork
fixes have done nothing to steam the tide....

Prove me wrong. Tell me when the L$ will be worth
US$4=L$1000 or better? Because as far as I can see,
there is Tens of Thousands of US Dollars required to
buy up the glut of Linden Dollars to reach that level...

And as the Glut Grows (Thanks to Stipends), the L$ will
continue to fall.. Fact, Fact, Fact... But only the ignorant
believe all is fine. You and the blind were singing the same
song back in Oct'2005. And yet the L$ falls...

Wake Up and Smell the Coffee...


So - saying 'down down down down' at the start of this thread were facts?

No not 'prove you wrong' I'm asking to for you to 'prove you right'....

To be honest looking over the last month it looks like its just been sitting there to me - despite your saying 'omgzorz its doomsday' predictions.

So... prove yourself right... where is this doomsday? The sky still looks up in the air... the only HUGE jump I personally saw was directly post 'telehub buy back' which would kinda make sense if the Linden mint churned out to pay that tab....
_____________________
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
Siggy Romulus
DILLIGAF
Join date: 22 Sep 2003
Posts: 5,711
03-02-2006 22:21


Only I'm not saying 'wow look happy times are here ahead' I'm saying 'It doesn't seem to be dropping through the floor like is being suggested'

It kinda looks like its sitting there....

Which in a way is good - I'd like it to sit somewhere before folks start stirring it round with changes.

(side note - the interesting figure I think isn't at the top of the heap - but at 261, which was at 6mil this morning, and 12 mil a few days ago .. some serious shuffling goin on down there)
_____________________
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
Patch Lamington
Blumfield SLuburban
Join date: 2 Nov 2005
Posts: 188
03-03-2006 03:37
There are two points here...

- some people disagree with predictions of sudden drastic drops in the value of the Linden
- some point out that for them, a falling Linden would not make the game any less fun.

Rather than argue the first, I've posted a poll on the second
91373


I look forward to seeing the results.
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Fade Languish
I just build stuff...
Join date: 20 Oct 2005
Posts: 1,760
03-03-2006 04:06
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 :)


And a look at the numbers of sellers on the Lindex would support Toy's statement. Even on the most conservative estimates, the number of people selling on the Lindex is far eclipsed by the number of people in SL.
People are not blind and stupid because they choose to do something other than make money in SL. It is different things for different people, and that's just fine. If it's their recreation time, that is no less worthy than if it someone else's profession.
And you know what? Some people in SL make both 'rainbows' and money.
Look down upon the masses all you want. Go ahead mock them, for not 'seeing' what you see. It won't alter the fact that Toy is right, it is the thousands and thousands of typical players that are paying the few who are in a position to sell on the Lindex. And it won't alter the fact that most of them will carry on having fun, doing whatever they choose to do, without giving a damn about what someone's superiority complex tells them is the right and only way.
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-03-2006 04:43
From: Toy LaFollette


A teacher, hardly, although I do teach in SL.... just what was it you do in SL?



Become the counter balance to your radical visions and ideas.
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ReserveBank Division
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Join date: 16 Jan 2006
Posts: 1,408
03-03-2006 04:46
From: Siggy Romulus
Only I'm not saying 'wow look happy times are here ahead' I'm saying 'It doesn't seem to be dropping through the floor like is being suggested'




Dead Cat Bounce, like any short term pull back in a market.
Time to stop being an amateur looking at short term data and
start to put on your professional cap and look at the long term
data.
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ReserveBank Division
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Join date: 16 Jan 2006
Posts: 1,408
03-03-2006 04:48
From: Patch Lamington
There are two points here...

- some people disagree with predictions of sudden drastic drops in the value of the Linden
- some point out that for them, a falling Linden would not make the game any less fun.

Rather than argue the first, I've posted a poll on the second
91373


I look forward to seeing the results.




The Poll has already started out with the edge going to
people being slightly to serious being effected....
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ReserveBank Division
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Join date: 16 Jan 2006
Posts: 1,408
03-03-2006 04:50
From: Fade Languish
And a look at the numbers of sellers on the Lindex would support Toy's statement. Even on the most conservative estimates, the number of people selling on the Lindex is far eclipsed by the number of people in SL..





You fail to factor in that the number of people who spend L$ in
SL eventually will find their dollars in the hands of the people selling
on LindenX.

So your comment is mute. The quanity of sellers means nothing.
Its the quanity of Linden Dollars being sold which is the key factor.
Duh...
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Fade Languish
I just build stuff...
Join date: 20 Oct 2005
Posts: 1,760
03-03-2006 04:55
From: ReserveBank Division
You fail to factor in that the number of people who spend L$ in
SL eventually will find their dollars in the hands of the people selling
on LindenX.


No I don't, that is precisely my contention. It is the majority that spend Lindens that are giving Lindens to the few who sell them. :P
ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-03-2006 05:01
From: Michael Seraph
Wow. Facts. So how what percentage of residents are getting $L500 a week and what percentage $L50? Oh, don't have that fact, huh?

How many people trade money on LindeX? Nope, don't have that fact either.

How many residents make more than they spend in SL? What, you don't have that fact?

How much money goes out of the system through payments to LL (upload fees etc)? What you don't have that either?

You don't have the data to make any of the assertions you've made except that the value of the $L has declined over the years. You're just pulling ideas out of your butt and telling us that they're based on "facts". Facts you don't have. LOL.



Q: What percentage of residents are getting $L500 a week and what percentage $L50?
A: 20% = L$500 / 80% = L$50

Q: How many people trade money on LindeX?
A: 10% of the Population

Q: How many residents make more than they spend in SL?
A: Impossible Question to Answer. Nobody submits income statements.

Q: How much money goes out of the system through payments to LL?
A: 5% of the Weekly Stipends Total.




Mikey, Mikey.. Don't mess with the Bull, you'll get the Horns...
Amateur.
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-03-2006 05:03
From: Fade Languish
No I don't, that is precisely my contention. It is the majority that spend Lindens that are giving Lindens to the few who sell them. :P




And this matters because???? The Lindens still end up sold on
the LindenX, regardless of the number of people doing the selling.
Which in effect pushes down the valuation of the Linden Dollar....
More L$ being sold than US$ buying them up..
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Fade Languish
I just build stuff...
Join date: 20 Oct 2005
Posts: 1,760
03-03-2006 05:11
From: ReserveBank Division
And this matters because???? The Lindens still end up sold on
the LindenX, regardless of the number of people doing the selling.
Which in effect pushes down the valuation of the Linden Dollar....


It matters because you contend that the power resides amongst as you put it, '$econd Life' and that "The almighty Greedy traits of Barons and Profit seekers is what keeps LL in business which in turn keeps Second Life Alive." It doesn't. Power ultimately lies with the consumer, that 'great unwashed' that you look down your nose at.
They vote with their $L.
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