Math question about premium accounts

Equally, buying land on the mainland is just a *promise* that LL won't go bust, taking your purchase money with them.

You never really own anything.

Quite right. If they go down, the whole universe goes down with them. But until the SL sun goes nova, buying land from Linden is less risky than "buying" land from an island owner.

Without due dilegence, mind you. There are some land owners with solid reputations and a business record that promises stability. I probably wouldn't hesitate to buy from Dreamland ventures, for instance. But as a newbie, I would not have known who I could trust and who was a risk.

I'm not a big fan of homeowner's assocations in RL, and I can't bring myself to change that attitude in SL either. I'm taking a risk on the anarchic landscape of the mainland, but I also have the freedom to do whatever I want with that land, and it's fun playing Estate Manager. For me, the ownership itself is entertaining rather than a means to an end.

No wonder the guy at the liquor store looked at me like that....

I own mainland and also have small shop that I rent. The shop is very cheap.
Issue I have if it was bigger area for more money is whether or not I could trust the person and with mainland I literally can do whatever I want without a landlord breathing down my neck. There 2 features about Premium that I like stipends, owning land. The downside of owning land is how expensive it is, especially if you can't afford to buy tons of lindens and pay for higher tiers.
I am still fine tuning the quality of my 2nd life I must admit. I haven't quit yet because I like creating content and few friends I have but there been few times I wonder why I came back.
Also when it comes to numbers if you're really, really good with math you can beautiful things.
I like numbers, not good with math but I see cardisian cordinates just right now they are like trying to fathom seeing ghost.
Statistics also have function in this game if you are determining certain things.

as with any exchange, it's a gamble when you put in or take your money out at a certain rate (expecting a certain other rate in the near or far future).

things seem optimistic now, but... as yoda would say, "clouded, the future is"

Do you mean this as a general "we can't really know for sure what will happen," or to defend your earlier suggestion that it is optimistic to expect the value of the L$ to remain as high as it is? If the latter, I'd be interested in what market pressures you believe would drive the value of the L$ down.

The majority of buyers switching from market buy to limit buy would probably do it, just not very likely unfortunately .

I don't understand, Kitty. Assuming everyone does switch to limit orders, what factors do you suggest would act to depress the value of the L$? I'm arguing that the L$ would in fact appreciate in value, based on the fact that LL consistently sells L$ (increasing supply) rather than buying L$ (increasing demand). This tells me that the current supply would not be sufficient for the current demand at the current rate, without LL's activity; when demand outstrips supply, prices rise (that is, each US dollar would buy less Linden dollars). There are more L$ buyers than sellers.

Sorry, it makes sense in my head, but maybe it doesn't make sense in reality .

If enough buy orders switch from market buy to limit buy, then it seems L$ sellers have three choices:

1) wait longer to cash out because there are far less market buys to fill the limit sell orders ahead of them
2) attempt to jump ahead of the queue by offering a better exchange rate than outstanding limit sells (depresses the L$ value)
3) decide they need the money right away and do a market sell (depresses the L$ value)

Assuming that on average buyers can outwait sellers (I could wait a month to buy new outfits, a seller might not have the luxury to fund tier with their own money instead of income from L$ sales) 2 and 3 would slowly push the L$ into a more favourable - for buyers - exchange rate, I think .

[I don't think LL can ever buy back L$ from residents? If LL itself is paying $ for L$ it would be hard for them to maintain their position that L$ are inherently valueless]

As I understand it, holding a premium account is not worthwhile unless you want to own mainland land.

If they wish to keep customers on premium accounts, then they will either have to deliver on the First Land or increase our weekly allowance.

In order to deliver on the First Land, they'd need to pump some real cash into their infrastructure. If they increased the weekly allowance, it would infuse $L into the system, and depress it's value relative to real dollars (whether you use US dollars or not.) So that's one way the $L could get devalued in one stroke.

However, I doubt if they will do either one.

So I will cancel my premium account at the end of my first month.