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End Stipends Now - An Open Letter to King Philip

Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
05-22-2006 18:36
From: Keiki Lemieux
Actually the 21% figure is a better figure.

1000 Lindens was worth $4.00 (250L/$).
1000 Lindens is now worth $3.16 (317L/$)

So 1000 Lindens is worth about 79% of what it used to be worth in USD. That's a 21% decline.


VOOT
Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
05-22-2006 18:41
From: Chri5 Somme
cut stipends out, thats all that needs to be said. Real life or second life, if a government (or linden) prints and hands out money, the value depreciates. So stipends need to go and it should be ended asap because it ruins the concept of supply and demand, there's no demand for people to buy lindens if it's always supplied for free. It won't cut the player base, no other mmo gives free "gold" or "currency" every certain amount of time, they have to kill creatures, mine, or perform other tasks for it. In SL that task might be creating a service, doing something for someone, or a million other ways. The point is that money is given out to those who work for it.


Cut my premium costs in accordance.
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Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
05-22-2006 18:42
From: Chri5 Somme
cut stipends out, thats all that needs to be said. Real life or second life, if a government (or linden) prints and hands out money, the value depreciates. So stipends need to go and it should be ended asap because it ruins the concept of supply and demand, there's no demand for people to buy lindens if it's always supplied for free. It won't cut the player base, no other mmo gives free "gold" or "currency" every certain amount of time, they have to kill creatures, mine, or perform other tasks for it. In SL that task might be creating a service, doing something for someone, or a million other ways. The point is that money is given out to those who work for it.


Actually, when people pay premium account fees for their stippends, that also is a US$ for L$ exchange, so it's not as simple as you make it out to be. I don't think the $50l stippend affects things much, though, since it gives people just enough L$ not to be able to afford anything, forcing them to go buy a little bit more on Lindex
Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
05-22-2006 18:43
From: Chri5 Somme

or better yet, get rid of variating trade/sell prices. Set the buy and sell price to the same, $250L per $1USD. We don't need an up and down market.



That will fail, because people will move to SLExchange, eBay, or some other service, like another GOM, since they'll be able to buy $L cheaper there than on Lindex.
Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
05-22-2006 18:48
From: Rasah Tigereye
That will fail, because people will move to SLExchange, eBay, or some other service, like another GOM, since they'll be able to buy $L cheaper there than on Lindex.


Their problem. Especially if they get ripepd off. It -will- end the devaualtion whining rants on here though. And they can't say LL didn't put a stop to the linden dropping as only their value for it holds legal merit.
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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
Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
05-22-2006 18:55
From: Jonas Pierterson
Their problem. Especially if they get ripepd off. It -will- end the devaualtion whining rants on here though. And they can't say LL didn't put a stop to the linden dropping as only their value for it holds legal merit.


Um, how would me exchanging my $1US for someone else's $300L on eBay instead of getting just $250L on Lindex, a transaction where I make more $L and the person selling it sells it much faster than the people waiting in line on Lindex, make my $L any less legal?
Jauani Wu
pancake rabbit
Join date: 7 Apr 2003
Posts: 3,835
05-22-2006 20:35
From: Siobhan Taylor
LOL Jauani... I know it's written into my contract to hate you, but that was cool.


seeing as i don't even remember the contract, you can just rip yours up ;)
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Jauani Wu
hero of justice
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Loniki Loudon
Homes By Loniki
Join date: 5 Dec 2005
Posts: 176
05-22-2006 20:36
Reading this post made me think of an old Saturday Night Live skit of years gone by. If only this was Point-Counterpoint and I could respond appropiately to Jamie as Chevy Chase would have...
Loniki Loudon
Homes By Loniki
Join date: 5 Dec 2005
Posts: 176
05-22-2006 20:47
From: GrayFriar Mendicant
Expect all you want. Your "contract" also said they could change the agreement, without warning or your consent, AT THEIR DISGRESSION.

Enjoy.


Ask Sony On-Line Entertainment what screwing over the players of SWG did to their profits and game numbers. Heck, thats what brought me to SL....
Loniki Loudon
Homes By Loniki
Join date: 5 Dec 2005
Posts: 176
05-22-2006 20:52
Dear Phil,

There are like five or six people on this board that constantly cry about stipends or the falling L on a daily basis and constantly make repetitive threads saying the exact same thing with as much drama as possible. I don't have to say who they are, you can VERY easily find them.

I suggest to end this constant annoyance you just eliminate these five or six people for the good of SL and bring peace to the Land And Economy boards.

Thank You.
Schwanson Schlegel
SL's Tokin' Villain
Join date: 15 Nov 2003
Posts: 2,721
05-22-2006 21:31
From: Loniki Loudon
Dear Phil,

There are like five or six people on this board that constantly cry about stipends or the falling L on a daily basis and constantly make repetitive threads saying the exact same thing with as much drama as possible. I don't have to say who they are, you can VERY easily find them.

I suggest to end this constant annoyance you just eliminate these five or six people for the good of SL and bring peace to the Land And Economy boards.

Thank You.


:eek:
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mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
05-22-2006 21:36
Jamie,

If you really want Phillip to listen to you why are you calling him "King Phillip".

My suggestion is to wait until the dwell is completely gone for a while and let the market settle down. Or else raise your prices to compensate for the new value.

Also the end of stipends would mean an economic crash doing anyone with a business no good.
Jauani Wu
pancake rabbit
Join date: 7 Apr 2003
Posts: 3,835
05-22-2006 21:37
From: Loniki Loudon
Dear Phil,

There are like five or six people on this board that constantly cry about stipends or the falling L on a daily basis and constantly make repetitive threads saying the exact same thing with as much drama as possible. I don't have to say who they are, you can VERY easily find them.

I suggest to end this constant annoyance you just eliminate these five or six people for the good of SL and bring peace to the Land And Economy boards.

Thank You.


"Repeat after me: "The is no problem" - Congratulations! You are now an osterich."
-Jamie Bergman
Capitalistic Legend
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Jauani Wu
hero of justice
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Cheyenne Marquez
Registered User
Join date: 19 Sep 2005
Posts: 940
05-22-2006 22:00
From: Loniki Loudon
Dear Phil,

There are like five or six people on this board that constantly cry about stipends or the falling L on a daily basis and constantly make repetitive threads saying the exact same thing with as much drama as possible. I don't have to say who they are, you can VERY easily find them.

I suggest to end this constant annoyance you just eliminate these five or six people for the good of SL and bring peace to the Land And Economy boards.

Thank You.


Yes Phil, please eliminate those premium membership residents who are willing to sacrifice their weekly stipends for the betterment of the SL economy, and the overall health and prosperity of your and our SecondLife world, so that we, the freeloading basic types who are unwilling to pay a $10 monthly subscription fee, and those of us who could care less about the health and properity of SecondLife or its economy, can continue receiving our weekly stipends, even though it is obvious these stipends are harming the SL economy.

Thank you again.
Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
05-22-2006 22:08
From: Cheyenne Marquez
Yes Phil, please eliminate those premium membership residents who are willing to sacrifice their weekly stipends for the betterment of the SL economy, and the overall health and prosperity of your and our SecondLife world, so that we, the freeloading basic types who are unwilling to pay a $10 monthly subscription fee, and those of us who could care less about the health and properity of SecondLife or its economy, can continue receiving our weekly stipends, even though it is obvious these stipends are harming the SL economy.

Thank you again.


1) You mean, eliminate the choice of buying a subscription with stippends after your curent one runs out, right?

2) I think Lindens make most of their money from people who are paying for land tiers and paying feels on Lindex for trading, instead of from people buying premium subscriptions to get $500L a week.
Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
05-22-2006 23:19
From: Cheyenne Marquez
Yes Phil, please eliminate those premium membership residents who are willing to sacrifice their weekly stipends for the betterment of the SL economy, and the overall health and prosperity of your and our SecondLife world, so that we, the freeloading basic types who are unwilling to pay a $10 monthly subscription fee, and those of us who could care less about the health and properity of SecondLife or its economy, can continue receiving our weekly stipends, even though it is obvious these stipends are harming the SL economy.

Thank you again.


the only people who are suffering are thospe who sell lindens for a profit. Most of SL doesn't care.
_____________________
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
Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
05-22-2006 23:44
From: Jonas Pierterson
the only people who are suffering are thospe who sell lindens for a profit. Most of SL doesn't care.


What about people who are making content, providing services, renting out land so freebies can afford a place to live, and generally making this place more fun to be in? People who charge $L for all that, and then expect to use that $L to offset the real costs they put into the game?
Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
05-22-2006 23:45
From: Rasah Tigereye
What about people who are making content, providing services, renting out land so freebies can afford a place to live, and generally making this place more fun to be in? People who charge $L for all that, and then expect to use that $L to offset the real costs they put into the game?


raise your prices if its that bad

edit: 9 out of 10 rl businesses don't make it. Why should SL be different if its just for business?
_____________________
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
Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
05-22-2006 23:49
From: Jonas Pierterson
raise your prices if its that bad

edit: 9 out of 10 rl businesses don't make it. Why should SL be different if its just for business?



but, if I raise my prices, then what good is your stippend if you can't use it for anything?
Jillian Callahan
Rotary-winged Neko Girl
Join date: 24 Jun 2004
Posts: 3,766
05-22-2006 23:57
From: Jonas Pierterson
raise your prices if its that bad

edit: 9 out of 10 rl businesses don't make it. Why should SL be different if its just for business?
:confused:You bring up RL comparisons a great deal for someone who esposes SL is a game.

Besides, and more importantly, success on the back end lets you play more easily - I think it's in your best interests (in as much as that can be said about your entertainment choices) to migrate from your 72USD/year for 26,000L$ to a better model of USD"what I care to"/"as much as I want"L$ ... mucho power to the consumer! :)
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cinda Hoodoo
my 2cents worth
Join date: 30 Dec 2004
Posts: 951
heres my twist on it...
05-23-2006 00:49
I say if stipends go, and surely they will, if you dont own land dont get any, if you do, sell fast while you still can, go to a basic account and just purchase your own stipend. For apprx $10 bucks a month as of today youd get over $3000L which is a better deal than premium membership offers.

Ya the land glut will be awful...but i would suppose LL knows what their doing...why would you want that 512 just to pay SL $9.98 a month...cant see the value in that..

Ya id start selling as fast as i could if you dont own a business..we dont need all those cutesy little houses here cluttering the place up, we need lots more malls, escort clubs, and yard sale places...i say go for it LL!!! End them commy stipends NOW !!!
Tsukasa Karuna
Master of all things desu
Join date: 30 Jun 2004
Posts: 370
05-23-2006 01:05
I missed something totally earlier during a rant. Those who drop to basic, and instead still pay tier to a private developer... lets say ansheland et al, are still putting money on the table, albeit indirectly.

Congratulations, folks. You've talked me into dropping to basic.

For 10$ a month, at current rates that nets me around 3000$ compared to 2000$ with the stipend system. And i'm not hurting the economy. Hell, i'm helping!

Then, if LL starts getting strapped for money, or the market starts going out of control, LL kicks in its "We Sell Money" program, market stabilizes, resume business as usual.
-

Can't believe i was defending this! :eek: Thanks again!
-
**edit

And no. There is 0% sarcasm in the above post.
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Magnum Serpentine
Registered User
Join date: 20 Nov 2003
Posts: 1,811
05-23-2006 04:27
From: ReserveBank Division
I 2nd the motion... All those opposed? <silence>
The motion passes. Stipends End on June 1st, 2006



Silence?

The Lindens said in exchange for us buying US$225 dollar lifetime accounts, we would get 500 a week and this is on paper.

I expect to be paid my 500 a week till that hot place freezes over.
Magnum Serpentine
Registered User
Join date: 20 Nov 2003
Posts: 1,811
05-23-2006 04:31
From: Shaun Altman
I usually don't agree with anything that you have to say, RBD. I have to admit though, this is a great post. :) It would be HALARIOUS to see people trying to litigate against LL over "500 Linden Dollars" :) :) :) Have these people failed to read the TOS????

I also loved the post in another thread regarding "Don't let the eDoor hit you on the way out"! :) LL has clearly indicated that a cultural shift will occur, and is no doubt expecting to lose some of the current fun and games and forum trolling crowd. Frankly, I don't find their forum tolling games very fun myself anyhow. The insults and marginalization of my Second Life participation are growing VERY tiring.

Fortunately, others will join to fill the void even more quickly than these people leave.



Then, are you saying Linden Labs cannot be trusted? Are they going to pull a George Bush and break all treaties and contracts as fast as they can?
Magnum Serpentine
Registered User
Join date: 20 Nov 2003
Posts: 1,811
05-23-2006 04:33
From: Rasah Tigereye
Personally, I think just cutting the premium stippend by 1/3rd (500 * 2/3 = $333L) and leaving the free accounts with their $50 a month stipend would help drive up the $L quite a bit, possibly even back up to $250 (since 333*52/72 would make the base cost for linden be $240L/1USD, adjusted for other stipends and inflation possibly add another $10l to that). No need to cut ALL the stipends, just get rid of LindenLabs undercutting everyone who is trying to sell on LindeX



No,

I think what would help is Linden Labs honoring their contracts and aggreements.
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