Over 2,000,000 L$ at 300!!!!!

I don't doubt your statement about the referral payments (or that some Linden said that somewhere), but if true perhaps they should consider taking down the page that describes them which is coincidentally the first link on right side of the What is Second Life? page.

Thanks for the tip!

*hits Buy L$*

w00t!

-Ghoti

I earn a bit of money in the game via my Emporium shops.

That money then goes straight back to the Lindens to pay the tier on The Temple of Hathor, which is an Egyptian temple which is for anyone who wishes to come and explore and enjoy.

If I could pay my tier in Linden $ I would not bother converting it to US$ first.

It just occurred to me, basically I am making things to sell to pay the Lindens to let me use land to house an attraction for the population, including people with free accounts.

Heh, am I mad?? lol

Yes. But don't worry, we're all a little mad in this way.

I've suggested a lot of things like this. There's a lot of new features that people want that Linden Labs could introduce as value added services. For two recent examples:

* Name changes. L$2500 to change your first name, allowed once per account per year. L$2500 to change your last name, once per account per year.

* Access controls. Instead of having the access controls limited to 40m from the ground, have them cost L$10 per "unit volume" (defined as 512 square meters by 40 meter height) per week, within the intersection of your parcel boundaries and a bounding box that defaults to <0,0,0> to <256,256,40> (special case, if Z is 0 that means the Z is measured from ground level). So if you want to put them around your skybox at 300m instead of at ground level, you can do that... and Linden Labs gets another Linden sink.

Keep selling at 300, I'll buy it.

In fact, contact me in game if you want to get rid of it that bad. I'm game.

Dang, Ghoti, you beat me to it. Wish I had logged on earlier today!

Damn, didn't have time to buy any of it Ah well, opportunities just come and go.

Whoever was selling at 300 was just proven wrong by the Market.

It's all gone now. If you don't mind sharing, who bought some, and how much did you buy? I bought about L$600,000.

Quick cash made for a few of us. I wish more big sellers would keep doing that.

Me too. At those prices I'm more than happy to provide some liquidity.

Spoken like a true Socialist. Tax the people for every nook and cranny
instead of just getting rid of the stipends...

Indeed. Besides being a drain on the world through lag, camping chairs are, in the end, bad for the economy - yet another reason they should be abolished if possible.


Historically, status quos tend to last until some catalyzing event occurs that forces a rapid change. Or, a slow change occurs over time such that it's not even recognized until after it's happened. Either way, here it's all pretty much under the control o f LL - though of course not entirely.


Another feature that LL could charge for would be additional groups. They could allow one to "tier up" on groups the same as land, so one could have as many groups as one wished if one wished to pay the L$. They'd be smaller prices than the land tiers, of course, and I bet a number of us would pay to have more groups.

Camping chairs don't create money, they just redistribute it.

Camping chair does create money, because the more people sitting in their land, the more traffic bonus the land owner get. And that's what L$ they use to pay to the camper. So basicly...they're L$ from nothingness.

The same amount of dwell reward is created and distributed, no matter who gets it.

You beat me to it!

People generate dwell for landowners irrespective of whether they're sitting in a camping chair or not. Chairs have nothing to do with it.

Plus, although the reported traffic number will continue to rise, the "paid" dwell bonus you get from an individual spending time on your land is capped at something like L$10 per avatar per 24 hours (and that's assuming that they spend 100% of their online time on your land). Most (all?) camping chair owners pay out far more money than the chairs earn through dwell - they run them as a loss leader to get people to visit their land.

Hmm, but then if all these sitting people weren't online, that would make less total dwell created, right ?

You obviously have never sat in a camping chair, or at least owned one to run somewhere. the amount of dwell money earned at locations where there are camping chairs are pretty much irrelevent. the amount of money recieved from dwell per day will never even come close to covering 25% of the amount of L$ paid to the campers each day. There are places that put out camping chairs, and pay an average 10-16K/day to campers. do you possibly think that the average dwell rating would cover that amount? Camping locations typical;ly recieve about L$500 a day in dwell money if they are in the top 4 most popular list. I have had campers cash out over 2K in one day.
though the dwell money is still new money, it is going back into the economy one way or the other. With the amount of money I make in my casinos, dwell money means nothing to me. if it were to dissapear, I wouldn't even know unless someone told me.

What is most unfortunate about this is that it does actually hurt those who use this as an income source, these people may very well be making it considerably difficult for someone to eat, pay for college, pay rent etc. Its unfortunate that this person or people don't have enough human decency to take this into account. I've been thinking about it and there is absolutely no good reason to sell for anything more than 1$ higher than the current dollar amount except for sabotage, which I am very suprised the lindens havent instituted a way to either A) be able to buy linden dollars at a rate other than the lowest (you can sell at any rate, why not buy at any rate?) or B) lock it down so when selling you cannot sell at a rate < 1$ lower than the last rate. Again I am just suprised that someone has so little regard for those around them. Though, god knows I shouldnt be suprised.

But then again I am not very fluent in the business of economy.

I saw about $L2.6M of it when it popped out about what, 10 hours ago was it? But... didn't touch it.

I have a stable content business and a stable land business. Becoming a day trader on the LindeX just doesn't appeal to me unless the rates are maybe... 350 in a 285 market.

Calculating the LindeX fee percentage, there was very little real money to be made off this, buying and reselling. In the few hundred dollar range, perhaps.

For me, sitting tight was the right thing to do. I'm not ever accidentally tipping my islands into the sea because I made a 'wrong bet' on a LindeX 'sure thing' and lost my reserves.

So... glad for those that made some money. I do wonder what possible benefit there was for someone to blow a few hundred USD like that. My suspicion: someone set up automated LindeX selling, a third party caught wind of the pattern and tried to manipulate the market during the automated sell-off time. Other than that, messing with the market is pretty futile, I think.

Not everyone has the criminal mind and intent to realize that you could USE multiple alts for that purpose. Hardly a reason to belittle another poster.

Oh. Now that's new knowledge to me... So that's why I always see those chairs in the middle of slot machines and not somewhere else?

But then. As someone showed several replies ago, how could difference between selling L$ and buying keep increasing everyday? Someone doing a L$ farm with multiple accounts?

Sadly, I don't put it past anyone with the resources to try it. Greed is a pretty powerful motivator for the capitalistic types, and the potential to cause a market disruption that would net those individuals some RL cash would be jumped on.