New continent 20 sims sale
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tristan Eliot
Say What?!
Join date: 30 Oct 2005
Posts: 494
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02-27-2007 16:37
From: Sly Spicoli it seems the complaints are coming from those who can no longer afford to participate in land ownership. Ahh and it is that growing margin of people that will ultimatly cause action. I'm sure LL doesn't want SL to become known as "The game you cannot afford."
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Sly Spicoli
just playing life...
Join date: 6 Mar 2006
Posts: 93
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02-27-2007 16:40
From: tristan Eliot Ahh and it is that growing margin of people that will ultimatly cause action. I'm sure LL doesn't want SL to become known as "The game you cannot afford." the game "who" cannot afford? last i checked there were over 6 billion ppl on this planet
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Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
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02-27-2007 16:45
From: Dnate Mars Once the land is bought from auction someone is paying for the land. So from LL's view, once it is sold it is make money for them. Yes, but LL makes more money with 128 people or 64 people paying tier for smaller parcels than it does for 8 people holding larger parcels. The price/m2 ratio at high levels is significantly smaller than the price/m2 at lower levels. People pay 29 cents per m2 for owning a full sim (plus their free 512). People pay 97 cents per m2 for holding 512m on top of their free 512 (1024 total, which is enough for most casual users). What do you think Linden wants to see?
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Sly Spicoli
just playing life...
Join date: 6 Mar 2006
Posts: 93
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02-27-2007 17:05
From: Cristalle Karami Yes, but LL makes more money with 128 people or 64 people paying tier for smaller parcels than it does for 8 people holding larger parcels. The price/m2 ratio at high levels is significantly smaller than the price/m2 at lower levels. People pay 29 cents per m2 for owning a full sim (plus their free 512). People pay 97 cents per m2 for holding 512m on top of their free 512 (1024 total, which is enough for most casual users). What do you think Linden wants to see? the bottom line is that LL gets out of the deal in one transaction (the price you have to pay to sell in bulk) and then leaves it to the market to dictate the property value. there is something to be said about the control LL has over how much surplus or shortages there are at any given time as this is not really possible in rl. they do have the power to stir up the market at any time which causes more transactions and hence more tier fees. eg. land dealer buys sim @ $x/m2. LL releases 20-40 sims in one day and the market goes nuts, ppl dumping land, speculators buying land, etc. tier may be paid on on parcel 10 times or more a month. the reverse is works the same way.
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Kitty Barnett
Registered User
Join date: 10 May 2006
Posts: 5,586
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02-27-2007 17:07
From: Sly Spicoli it seems the complaints are coming from those who can no longer afford to participate in land ownership I complain about it plenty and I have no desire what so ever to buy any mainland. I'm happy with my two private island plots which I can just expand without having to pay anything other than weekly rent and a mainland sandbox I can keep at no cost with my own premium and friends' excess tier. My reason to complain about land prices is fairly simple: premiums owning mainland benefits LL more than verifieds who rent a private island plot for the same amount, but where the sim owner keeps 30-50% of the "tier". Mainland already isn't the most appealing option and high land prices just drive people who might otherwise go premium and buy land off to rentals, or not getting land at all. I bought all my mainland at L$5.4/m², I could have sold it off for three times what I paid for it at one point, especially since I don't really ever use it much, but it doesn't cost me anything to keep it, so I'll sell when prices drop back down to the level I bought it at, or if I have a friend that needs something to start with and if I'm convinced they won't flip it for a quick and easy $65 profit. We can all pick everyone else clean and eventually there will be nothing left and SL will fail. I'll take SL as entertainment I enjoy and people I'd otherwise never meet for many more month to come over any amount of money. If I want more money, I'll work more in RL, without ruining other people's after-hours fun.
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Sly Spicoli
just playing life...
Join date: 6 Mar 2006
Posts: 93
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02-27-2007 17:20
From: Kitty Barnett We can all pick everyone else clean and eventually there will be nothing left and SL will fail. I'll take SL as entertainment I enjoy and people I'd otherwise never meet for many more month to come over any amount of money. If I want more money, I'll work more in RL, without ruining other people's after-hours fun.
i copied this from the second life website: The Marketplace Make real money in a virtual world. That's right, real money. Here's how it works: Second Life has a fully-integrated economy architected to reward risk, innovation, and craftsmanship. Residents create their own virtual goods and services. Because residents retain the IP rights of their creations, they are able to sell them at various in-world venues. Businesses succeed by the ingenuity, artistic ability, entrepreneurial acumen, and good reputation of their owners. Residents who have amassed lots of Linden Dollars are matched with residents who want to buy Linden Dollars at LindeX (our official Linden Dollar exchange), or at other unaffiliated third-party exchanges. Second Life's real estate market provides opportunities for Residents to establish their own communities and business locations. See Land Pricing & Use Fees for details. it was the "here how it works" line that got me. your idea of fun is different than mine. that's what makes SL work.
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cHex Losangeles
Registered User
Join date: 24 Nov 2006
Posts: 370
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02-27-2007 17:36
From: tristan Eliot I'm sure LL doesn't want SL to become known as "The game you cannot afford." What's that you say? The sky is falling? In fact, SL is "The game you can play for free." While owning mainland is not for everyone (some prefer private estates, while for others it's not enticing enough to spend the RL money required to own), virtually every square meter of mainland has been purchased from LL the moment it was available for purchase. $0 to play + 0m2 of land not sold immediately = affordable. You probably meant to say that LL doesn't want SL to become known as "The game other people are willing to spend more on than me." Well, for you it probably is a game. For others, it's entertainment; they'll spend the money on SL others might spend on boats or mountain climbing gear or movies or football tickets. For others, it's a job. If all it takes is $3,000 to rake in $3,600, they'll take it.
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Dnate Mars
Lost
Join date: 27 Jan 2004
Posts: 1,309
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02-27-2007 21:29
From: Cristalle Karami Yes, but LL makes more money with 128 people or 64 people paying tier for smaller parcels than it does for 8 people holding larger parcels. The price/m2 ratio at high levels is significantly smaller than the price/m2 at lower levels. People pay 29 cents per m2 for owning a full sim (plus their free 512). People pay 97 cents per m2 for holding 512m on top of their free 512 (1024 total, which is enough for most casual users). What do you think Linden wants to see? LL makes there money off the island owners. They make up over 3/4 of all the sims out there. The mainland is just to keep us little people happy.
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Visit my website: www.dnatemars.comFrom: Cristiano Midnight This forum is weird.
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Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
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02-27-2007 22:25
LL makes 45 cents per m2 from an island owner. They still make more money with 64 people paying 97cents per m2 PLUS membership fees.
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Reece Gunawan
.com wannabe, .mobi king
Join date: 21 Dec 2006
Posts: 413
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02-27-2007 22:49
There are far fewer hassles for LL with island sales. It becomes the estate owner, rather than LL's problem for maintaining peace on the private island. Furthermore, LL has "guaranteed" income with PIs. I say guaranteed because it's highly unlikely anyone would pay nearly $1700 and then just abandon it -- sure they might sell it, however someone is still footing that $195/295 bill monthly. With mainland, we see land which has been abandoned in nearly every older sim. In the end, I have no doubt that when you consider these factors it's easily close if not a better option for LL to focus more on PIs.
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Evil Land Baron  Currently does not own any land 
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Elanthius Flagstaff
Registered User
Join date: 30 Apr 2006
Posts: 1,534
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02-27-2007 23:42
From: Reece Gunawan There are far fewer hassles for LL with island sales. It becomes the estate owner, rather than LL's problem for maintaining peace on the private island. Furthermore, LL has "guaranteed" income with PIs. I say guaranteed because it's highly unlikely anyone would pay nearly $1700 and then just abandon it -- sure they might sell it, however someone is still footing that $195/295 bill monthly. With mainland, we see land which has been abandoned in nearly every older sim. In the end, I have no doubt that when you consider these factors it's easily close if not a better option for LL to focus more on PIs. There's only abandoned land until LL gets around to reselling it. Every parcel of land will sell at auction for /some/ price. In fact LL gets to resell it multiple times if it's abandoned. Also to address an earlier point estates make up about 60% of all sims not 3/4s.
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Raymond Figtree
Gone, avi, gone
Join date: 17 May 2006
Posts: 6,256
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02-28-2007 00:12
The net result of the 20 sim dump was land dropping L$1 per meter. A far cry from the L$8 drop the market suffered when they dumped 40 at once. Brokers are no longer panicking at the sight of sims popping up for auction. My guess is once the entire new continent is sold, we won't be below $10 per meter. $12 per meter is probably more likely. Those praying or waiting for a crash may want to find a new pastime. Refute away, fellow opinionated pixels.
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Read or listen to some Eckhart Tolle. You won't regret it.
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Kathrine Wirtanen
Registered User
Join date: 14 Nov 2006
Posts: 74
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02-28-2007 00:13
From: tristan Eliot Ahh and it is that growing margin of people that will ultimatly cause action. I'm sure LL doesn't want SL to become known as "The game you cannot afford." Lol already heard it called $econd Life so many times 
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Need help sorting your inventory, Send me $20L and an IM then I will send you over 150 preorganised empty folders, for organising Landmarks, Clothinng, Animations, & Body Parts.
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Kathrine Wirtanen
Registered User
Join date: 14 Nov 2006
Posts: 74
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02-28-2007 00:14
From: SuezanneC Baskerville A sim is 256 by 256. Oops, thanks, he get's the idea anway I expect, without being pounced on for being OT 
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Need help sorting your inventory, Send me $20L and an IM then I will send you over 150 preorganised empty folders, for organising Landmarks, Clothinng, Animations, & Body Parts.
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Reece Gunawan
.com wannabe, .mobi king
Join date: 21 Dec 2006
Posts: 413
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02-28-2007 00:21
From: Raymond Figtree The net result of the 20 sim dump was land dropping L$1 per meter. A far cry from the L$8 drop the market suffered when they dumped 40 at once. Brokers are no longer panicking at the sight of sims popping up for auction. My guess is once the entire new continent is sold, we won't be below $10 per meter. $12 per meter is probably more likely. Those praying or waiting for a crash may want to find a new pastime. Refute away, fellow opinionated pixels. Agreed. What many of the "non-barons" fail to realize is that prices didn't crash because 40 sims were released -- they crashed because 40 sims were released, combined with an announcement from LL that a new continent was about to be released and the uncertainty about how many sims per day would be released in the future. Obviously releasing 15/day or so will have a much different effect than the 40 released in a single day awhile back. ---------- Elanthius, yes I know. What I mean is that it requires work for LL. LL has to take the time to put all those parcels for sale. They also have to wait a whole pile of time before putting it up because they're generous enough to "trust" you to make your payment even if you haven't made it by the date you were supposed to pay by -- which is already up to a month after you acquired it potentially meaning LL loses out on roughly 2 months of tier. My apologies if that didn't make much sense... Nearly 2:30am here and my mind is going a bit fuzzy 
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Evil Land Baron  Currently does not own any land 
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Wilhelm Neumann
Runs with Crayons
Join date: 20 Apr 2006
Posts: 2,204
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02-28-2007 00:22
From: Raymond Figtree The net result of the 20 sim dump was land dropping L$1 per meter. A far cry from the L$8 drop the market suffered when they dumped 40 at once. Brokers are no longer panicking at the sight of sims popping up for auction. My guess is once the entire new continent is sold, we won't be below $10 per meter. $12 per meter is probably more likely. Those praying or waiting for a crash may want to find a new pastime. Refute away, fellow opinionated pixels. eh gave up when my premium comes due for its annual renewal in two months i wont be renewing bought 8k land on an estate and set up business there like many others wanted to put some on the mainland but meh why bother its not worth the effort to pay more L for less quality just my 2 lindens pixels worth meanwhile not suer what those guys are gonna do who only want small quantity like 1024 or 512 mainly cause well you can't get that on private estate land someone asked me lastn ight why i was buying or wanting to buy on mainland its much more laggy more chaotic and not as pretty I said well i have this here premium thing and i want to contribute as a premium member but seems that wont be happening if you look all those cool businesses you go to its on private sims I guess mine is now too such is life another mainland buyer bites the dust meanwhile enjoy the sim version of the lindex that's basically what its turned into except the lindex seesm to work better happy musical sims hate to see what happens with the guy who gets caught holding the bag because over time this does happen have fun (such as it is .. seems kinda boring to me but gave uplooking there and settled elsewhere I was already holding 4096 there i just doubled it the original intention was to over time put 4096 on mainland..) bye thanks have fun.. oh yeah and to contribute to the chaos when i am short a few linden i will flip a 512 or two until my premium runs out 
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Raymond Figtree
Gone, avi, gone
Join date: 17 May 2006
Posts: 6,256
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02-28-2007 00:27
From: Wilhelm Neumann oh yeah and to contribute to the chaos when i am short a few linden i will flip a 512 or two until my premium runs out  LOL. Priceless!
_____________________
Read or listen to some Eckhart Tolle. You won't regret it.
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Reece Gunawan
.com wannabe, .mobi king
Join date: 21 Dec 2006
Posts: 413
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02-28-2007 00:31
From: Wilhelm Neumann eh gave up when my premium comes due for its annual renewal in two months i wont be renewing bought 8k land on an estate and set up business there like many others wanted to put some on the mainland but meh why bother its not worth the effort to pay more L for less quality just my 2 lindens pixels worth meanwhile not suer what those guys are gonna do who only want small quantity like 1024 or 512 mainly cause well you can't get that on private estate land someone asked me lastn ight why i was buying or wanting to buy on mainland its much more laggy more chaotic and not as pretty I said well i have this here premium thing and i want to contribute as a premium member but seems that wont be happening if you look all those cool businesses you go to its on private sims I guess mine is now too such is life another mainland buyer bites the dust meanwhile enjoy the sim version of the lindex that's basically what its turned into except the lindex seesm to work better happy musical sims hate to see what happens with the guy who gets caught holding the bag because over time this does happen have fun (such as it is .. seems kinda boring to me but gave uplooking there and settled elsewhere I was already holding 4096 there i just doubled it the original intention was to over time put 4096 on mainland..) bye thanks have fun.. oh yeah and to contribute to the chaos when i am short a few linden i will flip a 512 or two until my premium runs out  Real life is no different... I invest in domain names for a living. I *rarely* ever develop a site. I buy a good domain name that could be used for a very good purpose but rather I hold on to it (putting it nicely hehe  ) only to resell it at a future date for 2-10x what I paid for it. Now to say the Internet is nothing but a bunch of speculators trying to make a quick buck off of legit people would seem unfair to say... The Internet, despite us specualtors and the insatiable need for porn sites it seems has contributed to all of our lives in many ways. I no longer need a dictionary, thesaurus, encyclopedia,... I can get that all out of the Internet. If I want help deciding what computer to buy next, I can read up at several computer sites, post on forums, etc. The future of SL could be similar... It's really hard to tell at this point, however, one thing is certain -- high prices have never stopped some from accomplishing amazing things. And if you take a look at Project Entropia, you'll see a gent paid 100k (usd not game currency) for a piece of virtual land and has already made his money back. For those who have sound business plans, the sky is the limit 
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Evil Land Baron  Currently does not own any land 
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Wilhelm Neumann
Runs with Crayons
Join date: 20 Apr 2006
Posts: 2,204
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02-28-2007 00:49
From: Raymond Figtree LOL. Priceless! well i thought it was funny  glad you did too hehe
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Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
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02-28-2007 01:48
From: Raymond Figtree The net result of the 20 sim dump was land dropping L$1 per meter. A far cry from the L$8 drop the market suffered when they dumped 40 at once. Brokers are no longer panicking at the sight of sims popping up for auction. My guess is once the entire new continent is sold, we won't be below $10 per meter. $12 per meter is probably more likely. Those praying or waiting for a crash may want to find a new pastime. Refute away, fellow opinionated pixels. I would agree that nothing is changing much, at this time.
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Sarah Nerd
I BUY LAND
Join date: 22 Aug 2005
Posts: 796
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02-28-2007 23:48
From: Sly Spicoli i copied this from the second life website:
The Marketplace
Make real money in a virtual world. That's right, real money.
Here's how it works: Second Life has a fully-integrated economy architected to reward risk, innovation, and craftsmanship.
Residents create their own virtual goods and services. Because residents retain the IP rights of their creations, they are able to sell them at various in-world venues.
Businesses succeed by the ingenuity, artistic ability, entrepreneurial acumen, and good reputation of their owners.
Residents who have amassed lots of Linden Dollars are matched with residents who want to buy Linden Dollars at LindeX (our official Linden Dollar exchange), or at other unaffiliated third-party exchanges.
Second Life's real estate market provides opportunities for Residents to establish their own communities and business locations. See Land Pricing & Use Fees for details.
it was the "here how it works" line that got me. your idea of fun is different than mine. that's what makes SL work. This is exactly what I love about sl, and what makes it different than any other mindless online game. The crap everyone bitches about is what makes sl wonderful and why we are here and not playing sims online.
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Sledge Welders
Registered User
Join date: 7 Nov 2006
Posts: 2
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Good or Bad?
03-02-2007 19:44
Sorry guys, just a quick question.
Is it a good or bad thing that LL is releasing all this land?
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Sledge Welders
Registered User
Join date: 7 Nov 2006
Posts: 2
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03-02-2007 20:22
Question for Wilhelm.
1) What is your intention with your land? What will you do with it? (When the prices have come down)
2) Did you not get first land due to this "no more first land"? Or have you owned land before?
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