Okay this post goes here then: repost the Linden Dollar Depression
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Alby Yellowknife
Sic Semper Tyrannis
Join date: 5 Jun 2004
Posts: 1,148
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01-11-2005 05:19
From: Lisse Livingston I'm going to post an example by which the 'average' player might plan a L$ budget for a week: Income: Stipend - $500 Bonus - $375 Delta bonus - $375 Dwell - $50 Object Sales - $500 Linden support for trivia event - $250 Bingo/trivia wins - $300 Raffle wins/free money balls - $150 Outgoings: Purchases - $200 Bingo pot donations - $150 Rating others - $50 Mall rent, two locations - $50 Total income = $2500 Total outgoings = $450 Net income = $2050. At an average exchange rate, about US$8 for the week. This is nicely positioned to support a 4,096+512m2 tier of US$25/month. Thus my hypothesis that the resident who attends several events a week, and creates and sells a modest amount of items can live on a nice 5,608m2 lot on their Second Life income.  Glad to see a few bright people in SL understand what is going on, while the rest run around screaming fire because their weed went up in flames.. You are all that Lisse.. Sexy..
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Obunnywan Manimal
Registered User
Join date: 16 Dec 2004
Posts: 21
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01-11-2005 06:31
A major issue that they will notice immediate reprecussions on is that currently a large part of the SL community thrives on the events. They give people a common ground to meet and socialize with each other and have a good time. Without the support funds from events, people wont want to host them, and then there wont be a reason for people to have clubs.
A large part of the current community came over from TSO and There. Which were heavily based on social, where events were the bulk of the game. The reason the clubs are so popular is because they share a lot of attributes with the environment that those 2 games provided. Without the clubs in SL you will lose a large part of that community.
I look at SL as a escape from the everyday bs of RL. As do many others. If they go thru with these changes, these people that come to SL not to build, not to create, not to make money, but to socialize, will lose their place that they have found in SL. The game will no longer appeal to them and they will move on. "There" made this same mistake, and these people travel in packs, because they ARE so socially based, they have a family like feel. Where one goes the rest follow.
I've seen it before and I can see it happening again. Things like this are what have been the downfall of so many online games. IF SL goes through with their plan, they will hurt the community more than help it. Believe me or not, it doesn't matter to me at this point. I'll stick around for the next few months just to rub it in when I can say I told you so.
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Morse Dillon
Lifetime Member
Join date: 11 Dec 2003
Posts: 142
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01-11-2005 09:11
From: Obunnywan Manimal 1. The clubs will fall. Simple as that.
Am I the only one who wouldn't be that sad if this prediction came true?
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King Morse Dillon King of Second Life
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Artillo Fredericks
Friendly Orange Demon
Join date: 1 Jun 2004
Posts: 1,327
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01-11-2005 09:48
"I am simply blown away after reading this post in its entirety." /laughs
who really cares? Who is actually in this world to collect dwell, ratings, and stipends? I mean COME ON people get real!!! LOL Is that why we are all really here?
/sings Monay Monayyyyyyyyyy MONEY MONEYYYY CHANGES EVERYTHINGGGGGG
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"I, for one, am thouroughly entertained by the mass freakout." - Nephilaine Protagonist --== www.artillodesign.com ==--
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Ahkin Pierce
Second Life Resident
Join date: 15 Nov 2004
Posts: 227
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The Best Post Ever Goes To :
01-11-2005 10:45
Obunnywan Manimal Registered User
Thanks OB
I dont know how to quote but it dont matter - KUDO to you
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Obunnywan Manimal
Registered User
Join date: 16 Dec 2004
Posts: 21
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01-11-2005 17:04
From: Morse Dillon Am I the only one who wouldn't be that sad if this prediction came true? You might not miss them, but many will. It's quite selfish of you to be thinkin like this. It's like saying "Ohhh I don't like Texas, lets blow it up. I wont miss it, who cares about the millions who live there." From: Artillo Fredericks "I am simply blown away after reading this post in its entirety." /laughs
who really cares? Who is actually in this world to collect dwell, ratings, and stipends? I mean COME ON people get real!!! LOL Is that why we are all really here?
/sings Monay Monayyyyyyyyyy MONEY MONEYYYY CHANGES EVERYTHINGGGGGG This isnt just about dwell, ratings, and stipends. This is about how the changes will effect the users who struggle, as it is, trying to find a place in world. The people who aren't able to build and create. The ones who enjoy SL for the social that it provides, the social that these changes will destroy. SL should embrace the fact that it appeals to users who aren't uber geek gurus, instead of trying to squash that community. I see what Linden is TRYING to do, and I think they are right in some ways about the economy, but they are going about "fixing" it the wrong way. And the results will be devestating.
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Obunnywan Manimal
Registered User
Join date: 16 Dec 2004
Posts: 21
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01-11-2005 20:45
If one of the issues is, people are using the rating system just to get more money from the weekly stipend, why cut the weekly stipend AND take the support for events away? The logical solution would be to set a base weekly stipend that DOES NOT CHANGE, OR! Base it on something other than ratings. Make the ratings and stipend completely seperate, so that ratings dont effect your bonus at all.
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NeoKnight Shilton
Registered User
Join date: 15 Jan 2006
Posts: 6
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05-18-2006 11:13
From: Jenna Fairplay POSTED AUG 2004
However with the Linden dollar so weak we are now seeing the price of things in SL go up. Will people bring up their price to match the Linden dollar? If so we can pull ourselves out of this resession?
Is the decrease of the Linden dollar inevitable? If you think of Linden money as a sink. You put a plug in the drain and turn it on and what happens to the water? its overflows... Hence why the US government takes money out of cycle. Will Linden change this? They dont make any money off linden dollar sales but they will lose if there is no recovery of the Linden dollar. It will be playing a game with the cheat code to infinity money (rosebud:;!:!:!:!)
Jenna Fairplay~ I made my thread to get info on my theory Interesting how this relates to now. Seems almost prophetic.
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Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
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05-18-2006 11:33
From: Jack Moseley I've heard this a few times and I've always wondered... People cash out their L$ ... And use it to pay real world bills, etc... How much do you think some people are taking in, USD wise on a regular basis? Many make $70k - $125k+ USD. Or were.
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Jenna Fairplay
Sim Sales Broker
Join date: 8 Aug 2004
Posts: 374
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05-18-2006 12:41
From: NeoKnight Shilton Interesting how this relates to now. Seems almost prophetic. ty neo hehe well considering this was an issue I was trying to address two years ago one can only wonder if something will be done or where will we be two years down the line from now. Will we look back on these posts and say the same things as we are now with these old posts from 04?
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Cheyenne Marquez
Registered User
Join date: 19 Sep 2005
Posts: 940
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05-18-2006 13:30
From: NeoKnight Shilton Interesting how this relates to now. Seems almost prophetic. Excuse me for asking. But how is this prophetic? It speaks about in-world prices going up, but this has not been the case as far as I can tell. SL needed more sinks then and it still does today. And the same things causing the devaluation of the linden then, are causing it today. Nothing very prophetic about that, is it? lol. I'm just asking because I don't read anything particularly prophetic about it. It's just more of the same as far as I can tell. Now if you were to predict that in 2010 we will be able to don a helmet that would transfer our minds into our avatar minds that would allow us to live within our SL world as we do in RL ... ... now thats prophecy 
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Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
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05-18-2006 14:26
From: Cheyenne Marquez Now if you were to predict that in 2010 we will be able to don a helmet that would transfer our minds into our avatar minds that would allow us to live within our SL world as we do in RL ... ... now thats prophecy  No that is pure fantasy. It would be nice though.
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Jenna Fairplay
Sim Sales Broker
Join date: 8 Aug 2004
Posts: 374
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05-18-2006 14:46
From: Cheyenne Marquez Excuse me for asking. But how is this prophetic? It speaks about in-world prices going up, but this has not been the case as far as I can tell. SL needed more sinks then and it still does today. And the same things causing the devaluation of the linden then, are causing it today. Nothing very prophetic about that, is it? lol. I'm just asking because I don't read anything particularly prophetic about it. It's just more of the same as far as I can tell. Now if you were to predict that in 2010 we will be able to don a helmet that would transfer our minds into our avatar minds that would allow us to live within our SL world as we do in RL ... ... now thats prophecy  Well it was more on the lines that the issues we are facing today many expressec concern of back then when the linden dollar was much more stronger then it is today. L was at 250 per 1 USD but looking at the L going in and out people warned of lack of an SL sink hole. LL's solution accounced was to cut the flow of L going in and it would resolve the slowly declinding Linden dollar issue without having to increase the skin hole. Their efforts to increase the skin hole as we can see did not resolve the problem and it is only getting worse.
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