Gigs Taggart
The Invisible Hand
Join date: 12 Feb 2006
Posts: 406
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05-12-2006 19:57
Lets recap recent events:
1. Bragg and others buy many sims for nearly 0USD. LL effectively loses thousands of USD. 2. They sell those sims for lindens generally. Millions of Lindens. 3. All of their accounts were deleted. Millions of Lindens were deleted. 4. LL suddenly decides to announce they want to sell Lindens.
Are these events unrelated? Who knows. But it does seem to lend itself to an obvious conclusion. LL wants to cash out all those deleted lindens to recoup the cost of the lost income from the sim auction exploit.
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kerunix Flan
Registered User
Join date: 3 Sep 2005
Posts: 393
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05-13-2006 03:57
From: Gigs Taggart Lets recap recent events:
1. Bragg and others buy many sims for nearly 0USD. LL effectively loses thousands of USD. 2. They sell those sims for lindens generally. Millions of Lindens. 3. All of their accounts were deleted. Millions of Lindens were deleted. 4. LL suddenly decides to announce they want to sell Lindens.
Are these events unrelated? Who knows. But it does seem to lend itself to an obvious conclusion. LL wants to cash out all those deleted lindens to recoup the cost of the lost income from the sim auction exploit. I believe it's totally unrelated. And your "facts" are wrong.
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Lewis Nerd
Nerd by name and nature!
Join date: 9 Oct 2005
Posts: 3,431
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05-13-2006 04:06
Wrong.
Why would LL sell someone else's L$ when they can just make their own?
L$ are valueless to LL, and in fact have no value in the real world to anyone - just between players.
No correlation at all, I reckon.
Lewis
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Adriana Caligari
Registered User
Join date: 21 Apr 2005
Posts: 458
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05-13-2006 04:17
As Lewis said : Wrong - no correlation at all - just unfortunate timing
Why risk ruin ( selling money that I assume has already ,or will be, refunded to the relevant parties ) when all they have to do is :
(A) Touch a button - instant Billions of Linden (B) Touch another button and increase tier if they are strapped for cash (C) Just sell the Sims again - they lose nothing
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Gigs Taggart
The Invisible Hand
Join date: 12 Feb 2006
Posts: 406
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05-13-2006 10:39
From: Lewis Nerd No correlation at all, I reckon.
Probably so, I've since heard they are indeed reauctioning the sims, which means my speculation is wrong. But my point was (since everyone seemed to miss it), if millions of lindens were indeed destroyed through deleted accounts then the economy "could absorb" the sale of lindens in equal amount, with zero net inflationary effects.
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