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Confuzzled - Bad Math or Strategy for SIM auctions

Elex Dusk
Bunneh
Join date: 19 Oct 2004
Posts: 800
05-23-2007 10:33
From: Atashi Toshihiko
Ah-hah, I've never done that [cash out] so I wasn't familiar with that aspect of the process.


It's adds another thing: What if they don't cash out using the LindeX? This changes formula in two parts: the credit processing fee (that US$1) and the transaction assessment (the percentage or cost charged to sell the Linden dollars).

{[(US$AuctionPrice + TierCost + FeeToProcessCreditIfAny) * L$ExchangeRate] * TransactionAssessmentIfAny} / SquareMetersPurchased = CostPerSquareMeter
Elex Dusk
Bunneh
Join date: 19 Oct 2004
Posts: 800
05-23-2007 10:34
From: Oryx Tempel
*slaps forehead* I knew that. Hehe. Sorry for being a tard... I'm wading through a database at work... not thinking SL stuff clearly. ;)


No worries, just be prepared that Cristalle is going to remind you of that for the rest of your life.
Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
05-23-2007 10:34
From: Zoha Boa
Where can I find the L$ExchangeRate.

Do you take the rate for 1l$, 1000 US$ or what.

Is it the BUY or the SELL rate ?
LL shows the 20 best selling order rates and 20 best buying order rates on the trading pages. Market rate depends on how much you are buying/selling.

As for the formula, it's the sell rate.
Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
05-23-2007 10:35
From: Elex Dusk
No worries, just be prepared that Cristalle is going to remind you of that for the rest of your life.
And Elex is going to talk down to you like a child even if he's wrong.
Oryx Tempel
Registered User
Join date: 8 Nov 2006
Posts: 7,663
05-23-2007 10:41
Now now, kiddies, let's hug and make up. See, I can talk down to EVERYONE! ;) JK
Elex Dusk
Bunneh
Join date: 19 Oct 2004
Posts: 800
05-23-2007 10:46
Okay... this is now supposed to be the time where the OP wanders back into the thread and says, "You know what? I've decided not to purchase any land. I've decided to rent." ;)
Meni Kaiousei
knowledgebase junkie
Join date: 6 Nov 2006
Posts: 162
05-23-2007 10:57
freaks !
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