$1.5 Million US in the last 24 hours - what's up?

Right now, the front page at Secondlife.com is showing more than 1.5 million US dollars in transactions in the last 24 hours. I've only ever seen this figure above $600,000 once. Does this reflect mad private island purchases, or is something else going on?

I dunno what's up with that figure.. but I've never believed it. I have a feeling that number includes overlapping transactions and transactions involving the same person... examples:

Lets say you give your ALT $10,000L .. that counts in the USD spending figure
Lets say you buy $10,000L, then cash out $10,000L... both of those count
Lets say you deposit $10,000L from an inworld bank.. that counts
Then you withdraw $10,000L ... that counts too
Lets say you could make change and get 4 quarters for a $1... that would show up as $2 in money transactions

Also, I'm guessing the big figure today is because a lot of the people just paid their tier fees.


so, yeah, that big 1.5 figure shows every single money movement, even if it's just getting 4 quarters for a dollar.

"I transferred L$100 back and forth between my alts 200,000 times in 24 hours and all I got was this lousy t-shirt!"

And then i bought that tshirt for $1.5 mil

It's probably all the trombone slide cream I've been buying lately.

mmmmmm.... slide cream.... (gargle)

I had a friend in a Jazz Band who told me Many Jokes about Trombone Players,, But, I think i will resist the temptation to repeat them.

Given Bot the number of active accounts, And the presence now of some Corporations setting up for themselves in SL, i don't see this Number as a wholley unexpected Spike, But i doubt it will continue Steadily.

Angel.

Doubledown is quite right. This figure is, like the GDP figure of a real-world country, a measure of all the economic activity, not necessarily a real figure of wealth generated. It is essentially the movement of funds in total, and does not take account of if they are the same funds.

Yes, careful Angel ... I got locked for doing that.

Strange .. I just seem to attract locking

And this one time, at band camp...

Sorry, I couldn't resist

I'm gonna be with Doubledown on this one. Because honestly, I don't see multi-millions dollars worth of improvements in SL.

Apparently it was a scripter testing things:

http://www.secondlifeherald.com/slh/2006/11/linden_lab_boas.html

So this bring up an interesting theory.... the 'logged in the last 60 days'
.... are those unique users?? or just every time anyone logs in?
Cause I log on and off to SL at least 20 times a day...