Welcome Vasudha Linden!

Hi Vasudha (if you ever read all of this)

One thing I notice is there aren't many businesses in SL to go into. We have a plethora of clothing stores, av's, random items.. land rentals, clubs, casinos..events, but not much else. I think having too much freedom in SL is hurting the economy. If we couldn't fly and teleport so easily, then transportation could become a business. If we had some kind of hunger system then restaurants could be a viable business. And so on.. There are no commodities in SL, and generally speaking when you buy something it lasts forever. I never buy anything, because I don't need to. But if my av needed a place to sleep and to eat maybe I'd find a job and rent a place.

Yeah it's fun to fly and not have to manage your av, but, to me the game would be more interesting. I think there should be a "spirit" world (like the current SL) for beginners, and an "RL-sim" world where we don't fly, our av's have needs, and maybe some things even wear out over time. Maybe if you die there you get kicked back to the spirit world, I don't know.

Thanks for reading.
(yah yah.. bring the flames, talk to the hand )

TSO anyone? *shudder* I hope this was joke. I gave up greening and having to forcibly piss in online games for two lents ago and never went back to it.

Hey I'm a newb so maybe it's my fresh set of eyes. I clearly said to eat and stop flying. Nobody said to "piss".



your mom is a TSO!

I was wondering about something rather different:

Is it possible, that Vasudha is already running towards the hills, screaming?

I mean, when you come into a larger group of people as the "new girl", get introduced formally and the very next thing happening is that everyone in the room is shouting angrily at you about how you should do your job, or else ... how would be your reaction?

This here started as a friendly "hullo" and deteriorated into a shouting match in record time. I don't think that will make her feel welcome(d) or give her the impression that the forums will be a valuable source of information or ideas for doing her job.

Pauly, please dont be offended by this correction, but the number of residents is not growing by 500/day but by more than 20%/month. You might call this nitpicking, but the difference is a huge one.

500/day means 45,000 new residents over the course of the next three months.
20%/month means 100,000 new residents in the next three months!

The number of concurrent users online is growing a little more slowly: 15% - 20% a month. We can expect 8,000 concurrent users online nearly every day in spring. This is impressive, too, and the difference between the two numbers is significant. It indicates a shift in the population towards more "casual" user. The share of premium accounts is declining - their absolute number is growing, too.

If you are interested in these topics, have a look over at the SLOG. I blog there at least twice a month about "current affairs" in the SL economy. It is a little less noisy over there.

If you are interested in these topics, have a look over at the SLOG. I blog there at least twice a month about "current affairs" in the SL economy. It is a little less noisy over there. [/QUOTE]


Pham, take your point. Also I have had a look at the link you provided and there is a lot of orginal data there which to be frank I have not had the time to fully absorb.

I did note you said that you have been a Second Life resident for around a year, and I also saw you did provide some basic charts.

Now in first life I look after other peoples money. A quick way of assessing growth or decline in a companies growth is a chart of the share price in terms of technical analysis, not always accurate but an indicator it is, and sometimes useful.

Here is a link for you, by the way no first life financial advice intended.

http://www.prophet.net/analyze/sc.jsp

http://www.prophet.net/analyze/sc.jsp


As you can see it is Googles share price with what they call a 50 and 200 day moving average. Technical theory tells me I should sell (or go short) if Google breaks the 200 day moving average SUPPORT line. Or as an alternative buy if it goes through RESISTANCE, which is just over the $400 level.

Do you have any charts stored that reflect SL stats over 1 year?

AS you can see that would be useful, please pardon my hurried post

Michael,

I share your astonishment. I have to say, that speaking of 'welfare' and 'moochers' and 'spongers' in a virtual world seems to be on the verge of lunacy to me. Perhaps it's a cultural thing. *shrugs*

I don't think of people that use their stipend as moochers. Everyone is giving to the world, even if it is just by their presence.

The premium account stipend doesn't give you back part of your investment, however. The problem isn't that people are lazy and good for nothing. The problem is that Linden Labs is bleeding the economy.

The premium account gives you a complete refund of your money plus interest on your investment of US$. How you spend this complete refund of the money plus interest is up to you. I assume most people spend their stipends in the world instead of trying to get US$, but if you are getting $L26000/year (roughly US$93) for US$72 plus 512meter2 of teir, plus a plot worth at minimum $L2048 for $L512, you are getting more than US$72 worth of stuff. Yes your money is going to Linden Labs, the real question is if that $L26000 worth of stuff is made by Linden Labs or someone else. The $L26000 worth of stuff not made by Linden Labs is what hurts the economy when the US$ paid for that stuff goes to the wrong people.

People that use stipends aren't bad, its the stipends themselves that cause the problem.

Well if I was Vasudha, I wouldn't respond either.

Welcome Vasudha, hope you will do okay with the life here in SL.

Its the people that wish to do away with them that are the problem.

I get 2k a month (500/week) to buy that on the lindex would be less than 10 dollars.

A monthly premium is 9.95 a month.. there is no refund. Yes you save if you make a years subscription, but you're also bound for a year (leave sl or not).

No the problem is the people complaining about the stipends.. why have premium accounts if you cut stipends? a free tier on 512 m2 isn't going to draw anyone in.

I understand the math, although I don't think it's correct to include the value of unsold first land as yearly income. It would be a one time thing. What I don't understand is the last part of your post. I'm not sure what you mean by the wrong people or what the problem is. I hope I don't sound sarcastic here, because I really don't understand what you mean. I was stunned to see that the value of my $90.00 a year to LL (quarterly payments) is almost equal to the amount I get back in stipend. I never did the math before. LOL

I know a number of people have assumed that the stipends are causing there to be too much currency available in SL and is the cause of the decline in the value of the $L. But since only Linden Labs has the statistics necessary to come to that conclusion, it's all just guess work.

What good would come of the value of the $L going up?