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Buying and Selling Prefrences

Cocoanut Cookie
Registered User
Join date: 26 Jan 2006
Posts: 1,741
05-24-2006 18:35
Well thank goodness there is no more taxing on prims!

I haven't sold or bought Lindens, but I understood the GOM method much more easily than this turned-around way. I thought I would catch on to the turned-around way, but when the talk is about "low" but it's really "high" and vice-versa is just very confusing.

coco
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Baby Thorn
doh rae me me me me
Join date: 21 Apr 2004
Posts: 73
05-25-2006 06:43
Thank you Kat for beatin me over here and sayin that :)

Kat of course didn't create this post so you can make sarcastic remarks to the fact that I don't care to sell my Linden Dollars that I worked hard to earn at a cheap price when its been proven in the past that there WORTH a lot more.

She did make this post so that people could shair there opinions on how they preferred things on the Linden Dollar selling market.

If your not a creator selling things at a cheaper rate to help out people who CAN"T create and have to BUY lindens, you can't even begin to comprehend the difficulty of having to sell at such a lower price tag, especially when you are also tryin to have a nice place for those people to visit and enjoy there time....

...and as Kat said, there will be some price changes taking affect soon at numberous shops i'm sure to balance out that difference. Whether people pay those prices will be seen.
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Baby Thorn
Bad Girl Designs
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KatanaBlade Anubis
House of Blade
Join date: 20 Jun 2004
Posts: 369
05-26-2006 00:40
np Baby :)

I think also what people are forgetting is that without content creators there would be nothing to buy. For alot of us this is our RL job. :)

but in all Markets if you cant understand how it work, you may get confused and put the wrong prices in and a few buyers are pretty much taking advantage of that imho.

This post was started more for awareness for both Sellers, Buyers and Linden lab.

just face it alot of people dont want to raise their prices, alot of people dotn want to buy the higher prices either. The land fees have no decreased in fact less is being given now but we get less for our hard work. it doesnt make sense anymore.

I think the lack of being able to see $L is a real dollar value effects how people treat our economy.
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Sandy Barnett
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Join date: 19 May 2006
Posts: 65
Sandy Bay Technologies
05-26-2006 01:33
I also am new to the LindeX, but I would say that it makes a lot more sense to me to let the natural economy of the system dictate what the going price is. This is how currency works everywhere else in the world. A "fixed" price, is a false economy.

I think everyone can relate to recent events world wide when the trading value of oil went up.....the gasoline shops did not complain that the dollar was losing value over the price of the product that they sold at $2.00 US per gallon.....They have simply raised the rate to $3.00 ...in order to make up for the loss. This is the way that real business works.


Will the customers still buy? Well, It does seem that anyone buying Lindens today is getting quite a few extra ones...than they did before based on your selling prices....if they bought before and that ratio to the US, there is no reason they should not continue to do the same.

Protect your investment. Raise the cost of the consumer goods.

I will hate having said that later when I want to buy a few things, I know....hehe But, there is no way I would keep losing money and giving things away that I worked hard to manufacture or invest in.

THose are my silly thoughts.
Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
05-26-2006 07:02
Just a thought but, although I mentioned I liked the blocks a lot more, the set-up they have now at least lets them keep their $L value graph inverted (the one showing L$ per dollars for the last however days). Look at it go up! Woo! Economy is improving. Cause it's going up. >.<
Brian Quinn
It.....
Join date: 9 May 2005
Posts: 31
05-26-2006 15:09
I prefer the L/$1; like someone else said, it's easier to keep financial transactions on a bank statement in whole dollars. I don't believe either way supports or resist the devaluation of the Linden itself, and I don't find either method more difficult to comprehend then the other. So really, it's just a personal preference, put both methods out there and let people choose they way that works for them, like the basic/advanced Lindex views.
As for content creators raising thier prices, I am surprised that hasn't happened allready. Devaluation leading to inflation, cause and effect. I don't know what people are willing to pay for an item, and without testing the waters, I don't think anyone knows for sure. I do know that there's tons of competion out there for non-unique have-to-have items, and the consumer of today is will compare prices and find sales before they visit the till. So just maybe it will be another burden placed upon the content creators to either shop thier competion or expirement with their prices till they find what consumers are willing to pay. I also have to consider that high prices have always instilled in myself the desire to try and make it myself. After all, in SL the tools are there for everyone, and it doesn't hurt to try. And if I only make crap, at least it will be better crap than last time for the sake of trying.
As for paying my tier by selling my crap, now that would be a pipe dream. I applaud those of you that can, especially when I have to fork over rl money every month. I think those of you that do it by creating and selling content, the "blue collar" sl'rs, should be a bit peaved by the "white collar" day traders in the lindex and land markers. But that is just my opinion, I am sure it doesn't mean squat in the long run.
KatanaBlade Anubis
House of Blade
Join date: 20 Jun 2004
Posts: 369
05-27-2006 03:22
From: Brian Quinn
really, it's just a personal preference, put both methods out there and let people choose they way that works for them, like the basic/advanced Lindex views.


That is the most sensible thing I have heard yet.
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Tink Buttercup
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Join date: 9 Feb 2004
Posts: 99
05-27-2006 22:56
Ditto, very sensible
KatanaBlade Anubis
House of Blade
Join date: 20 Jun 2004
Posts: 369
05-29-2006 01:44
Exchange Rate in L$ / US$1.00 - 320L 42 36.84%
Exchange Rate in Block of 1000L - US$3.21 72 63.16%

May 29th, I think something is going on here.
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KatanaBlade Anubis
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Join date: 20 Jun 2004
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05-30-2006 18:34
(bumps)
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KatanaBlade Anubis
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Join date: 20 Jun 2004
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06-08-2006 03:32
Voters: 125
hard to believe only 125 people out of 200 thousand are concerned on which way the market is view is easiest to understand.
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KatanaBlade Anubis
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Bump
08-18-2006 23:43
Prop: 1776 - Buyer/Seller Options
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Lee Dimsum
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Join date: 22 Feb 2006
Posts: 118
08-19-2006 01:25
If the LindeX rate is 310, 1 USD = 310 Linden. It's that simple.

If the rate goes up (let's say to 350), I get more L$ for my USD
If the rate goes down (let's say to 250), I get less L$ for my USD = more USD for the Lindens I want to sell.

Buying: USD Amount * Rate
Selling: L$ Amount / Rate

From: someone

$1000L blocks definitely make things easier for Italians, I'm sure, since it's Uno Mille Lire... I mean Linden. Their curency is divisible in 1000's. Easier for me to count that way, soo, I I voted accordingly.

Italians switched to Euros since 2002
KatanaBlade Anubis
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Join date: 20 Jun 2004
Posts: 369
09-08-2006 23:21
lee you would be so suprised how many people do not understand that.

1. if youare a buyer the higher the number the better for the buyer
2. the lower the number the better for the seller.

but how things were in the past were in blocks of 1k to buy and sell and many people would just see the USD value (eg:1000=$3.20)

the per dollar way consist of more stock market thinking.
the blocks way consist of more in my wallet thinking.

when it really comes down to it there are alot of young people in SL and even older people that never played stocks, and majority of sl rather think simple.

From: Lee Dimsum
If the LindeX rate is 310, 1 USD = 310 Linden. It's that simple.

If the rate goes up (let's say to 350), I get more L$ for my USD
If the rate goes down (let's say to 250), I get less L$ for my USD = more USD for the Lindens I want to sell.

Buying: USD Amount * Rate
Selling: L$ Amount / Rate

the discussion has been around since GOM closed and Lindex opened but the proposition was jsut recent. So anyone really interested should vote if they believe it is easier for them to understand in block.

https://secondlife.com/vote/vote.php?get_id=1776

Personally I think both visual features should be available.

Italians switched to Euros since 2002
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