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LindeX Market Data Past Three Months?

ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-03-2006 05:29
From: Fade Languish
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.




Yes Fade, Yes... The consumer spends L$ on widgets
which are sold by the widget makers. Along with land by
the barons. They take those consumer L$ dollars and
sell them on LindenX for profit.

I don't have any problem with that, in fact I encourage it.
My issue is with the free flowing glut of L$ dollars being
pumped out by Linden Labs every week. The tap needs to
be turned off. If people want L$, they need to buy it from
their fellow SLer off the LindenX. Not wait for the welfare
check on Tuesday.... Which only adds to the L$ glut and
sends valuations into the toilet.. Hurting the profits of
the investors who poured money into SL to make a profit.
Capitalism should be promoted in SL, not Socialism.
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Fade Languish
I just build stuff...
Join date: 20 Oct 2005
Posts: 1,760
03-03-2006 07:07
From: ReserveBank Division
Yes Fade, Yes... The consumer spends L$ on widgets
which are sold by the widget makers. Along with land by
the barons. They take those consumer L$ dollars and
sell them on LindenX for profit.

I don't have any problem with that, in fact I encourage it.
My issue is with the free flowing glut of L$ dollars being
pumped out by Linden Labs every week. The tap needs to
be turned off. If people want L$, they need to buy it from
their fellow SLer off the LindenX. Not wait for the welfare
check on Tuesday.... Which only adds to the L$ glut and
sends valuations into the toilet.. Hurting the profits of
the investors who poured money into SL to make a profit.
Capitalism should be promoted in SL, not Socialism.


I can appreciate the basic economic argument, however I believe there are more variables in that equation, and not all of them can be expressed numerically.
What you call 'socialism' I call marketing.
It is more attractive to buy some of your Lindens along with your premium membership, it just 'feels' nicer to people, it's a much easier sell for LL, but in essence (in the case of premiums), they are purchasing them.
Basics... well I actually don't think their current plan is very astute. I would think it better to give them more (like enough to have fun with) $L for a defined period, while they explored SL enough to decide if it was something they wanted to commit to financially. After that, maybe let them have the choice, free account, no stipend, or upgrade to premium. That is my personal take, and more based on what I see as shrewder business practise than anything that happens on the Lindex... whether that happened or not though, I don't actually care.
Now to me, it would not matter one bit if they stopped paying me my premium stipend today (I would however expect a repricing of the premium account to reflect this loss of value, not out of a sense of entitlement, thats just business). I get paid pretty good for my 'rainbows' (you can be creative and about business!).
But a very large proportion of the population is here just for purely for entertainment, and they like to spend their stipend in whatever way they enjoy, maybe buy a few more $L if they want a bit more fun. The premium stipend amounts to nothing more really than a convenient way to purchase some $L while you're paying your tier.
If premium membership was simply paying for tier, and all your Lindens had to be purchase in a seperate transaction, it really would I believe make a difference to the perception of value to the casual user, even the non-casual user who's here for something other than financial motivation, and even if it resulted in no net change to their expenditure (like they still only bought the $L500 they used to get with the premium account). Enough of those get turned off/aren't attracted in the first place, we all lose.
Promoting capitalism is fine, promoting it to the exclusion of all else is a very narrow marketing strategy.
Toy LaFollette
I eat paintchips
Join date: 11 Feb 2004
Posts: 2,359
03-03-2006 08:09
From: ReserveBank Division
Become the counter balance to your radical visions and ideas.

Im the radical here? I think not.... what was it again you actually do in SL?
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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
03-03-2006 08:14
From: Toy LaFollette
Im the radical here? I think not.... what was it again you actually do in SL?



I told you time and time again Toy, I'm a Land dealer. I own
vast amounts of Land which I trade and make profit off small
margins in each transaction.


What do you do with your radical politics?
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Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
03-03-2006 08:19
As opposed to what you do with your radical politics?
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You killed my father. Prepare to die. - Inigo Montoya, The Princess Bride

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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
03-03-2006 08:23
From: Jonas Pierterson
As opposed to what you do with your radical politics?




My politics are here to help. Help create an economy which is
strong, grows, and has all the right triggers within the economy
to encourge growth, investment, and a brighter tomorrow...

Much different than the (Where is my Welfare Check) dependancy
theory of yours, which is to live hand-to-mouth off the free money
Linden Labs passes out every week. Talk about taking away Stipends
and all the dependents jump up in arms like you were cutting the
umbilical cord.
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Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
03-03-2006 08:55
No, your politics would make SL a wasteland and drive LL bankrupt.

Its far worse than getting my weekly PAID FOR stipend. Take away stipends cut that cost off my premium payments. THEN you can cut stipends.
_____________________
Good freebies here and here

I must protest. I am not a merry man! - Warf, ST: TNG, episode: Qpid

You killed my father. Prepare to die. - Inigo Montoya, The Princess Bride

You killed My father. Your a-- is mine! - Hellboy
Toy LaFollette
I eat paintchips
Join date: 11 Feb 2004
Posts: 2,359
03-03-2006 09:36
From: ReserveBank Division
I told you time and time again Toy, I'm a Land dealer. I own
vast amounts of Land which I trade and make profit off small
margins in each transaction.


What do you do with your radical politics?


Im not involved in any politics, sorry to burst your bubble. And ty for finally answering me, all you had said before is you 'control' some land. I dont equate that with owning land.
So basically you do nothing, sounds like welfare to me :)
_____________________
"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
Jopsy Pendragon
Perpetual Outsider
Join date: 15 Jan 2004
Posts: 1,906
It's not the volts that kill you.. it's the amps. Quit focusing on the volts.
03-03-2006 10:23
RBD-

My math skillz are weak... please feel free to correct me.
(Unlike some people on this thread I can handle a little critism.)

Let's see... the rate was us1:L250(ish) then... now it's us1:L280(ish).

That's what... an 11% slip? Big fat hairy stinky deal. Why?

Because there are 300% or 400% more L$'s being traded daily now.

Then: I'd sell L$1000 for US$4.00.
Now: I sell L$3500 for US$12.50.

If you're still trading the same volumes of L$'s you were back then
you must be doing something dreadfully wrong.

Go BACKWARDS in time to try fixing this problem?
Sorry, man, I am SO not interested.

Think of it this way: It's not the volts that kill you.. it's the amps.

(How many amps does it take to kill a dead horse anyway?)
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Jopsy Pendragon
Perpetual Outsider
Join date: 15 Jan 2004
Posts: 1,906
03-03-2006 10:25
From: ReserveBank Division
My politics are here to help.
[edited]

Your politics appear to be here to help you shill for egold.

Do you get paid per click through on that signature?
Calix Metropolitan
Registered User
Join date: 10 May 2005
Posts: 212
03-06-2006 07:12
From: ReserveBank Division
Calix:


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


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



In 2 weeks it went from 261 to 280. You can toss in fluctuations et al over the last year fine, but fact is the move I was commenting on was uber fast that happened like when Lucent, which almost got removed from the DJ and relegated to junk status went from 80 to 5 on NYSE. (see the 25 pt drop for that stock in one day and the 30k people who got canned in 2 weeks)...that was the pt. I was making.
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