Cam Chattoway Posted May 3, 2021 Share Posted May 3, 2021 It's gonna slow my sl economy, since I don't sell goods (but I do buy them, go to clubs, tip DJ's & hosts, clothes, buildings, avatars, freaky stuffs, etc).. also dampens my interest in renting a homestead Link to comment Share on other sites More sharing options...
Alwin Alcott Posted May 3, 2021 Share Posted May 3, 2021 2 hours ago, Major Hijinks said: also dampens my interest in renting a homestead there are landlords that offer paypal payment - no exchange costs and conversion costs by Tilia 1 Link to comment Share on other sites More sharing options...
Phil Deakins Posted May 3, 2021 Share Posted May 3, 2021 19 hours ago, LittleMe Jewell said: Sometimes we are a chatty bunch, often "just because". I don't think 'chatty' is the right word. 'Contrary' is much more accurate, as in, 'Sometimes we are a contrary bunch'. The author of the original thread changed its title to ask everyone to ignore it and let it die. And yet here we are, 13 years later, and it's still going. That smacks of contrariness to me 2 Link to comment Share on other sites More sharing options...
Sid Nagy Posted May 3, 2021 Share Posted May 3, 2021 (edited) People are in general rule benders. Everywhere. RL, SL, on Mars, you name it. And I consider that as a good thing. most of the time, when done modestly. Look around what happens in countries were everything is enforced strictly to go by the book. Edited May 3, 2021 by Sid Nagy As it happens. Link to comment Share on other sites More sharing options...
FairreLilette Posted May 3, 2021 Share Posted May 3, 2021 (edited) 1 hour ago, Sid Nagy said: People are in general rule benders. Everywhere. RL, SL, on Mars, you name it. And I consider that as a good thing. most of the time, when done modestly. Look around what happens in countries were everything is enforced strictly to go by the book. I was just thinking similar this morning, Sid, but more along the lines of the internet and how people want the internet to be "the wild, wild West" and that "wild, wild West" is especially happening again with cryptocurrencies. Internet people have always wanted the internet to be "the wild, wild West". Edited May 3, 2021 by FairreLilette Link to comment Share on other sites More sharing options...
Sid Nagy Posted May 3, 2021 Share Posted May 3, 2021 I agree that there always should be limits to the rule bending. But we do bend. All of us do from time to time. Even if we say or believe the opposite. 'All animals are equal but some animals are more equal than others.' - George Orwell, Animal Farm. And we all believe to be (and in the western world de facto are) in the more equal group. Link to comment Share on other sites More sharing options...
LittleMe Jewell Posted May 3, 2021 Share Posted May 3, 2021 4 hours ago, Phil Deakins said: I don't think 'chatty' is the right word. 'Contrary' is much more accurate, as in, 'Sometimes we are a contrary bunch'. The author of the original thread changed its title to ask everyone to ignore it and let it die. And yet here we are, 13 years later, and it's still going. That smacks of contrariness to me Chatty / Contrary 🤣😉😏 2 Link to comment Share on other sites More sharing options...
Rowan Amore Posted May 3, 2021 Share Posted May 3, 2021 11 minutes ago, LittleMe Jewell said: Chatty / Contrary 🤣😉😏 And isn't that the point of the general forum? 🤔 1 Link to comment Share on other sites More sharing options...
Alwin Alcott Posted May 3, 2021 Share Posted May 3, 2021 18 minutes ago, LittleMe Jewell said: petoate or eareppel 2 Link to comment Share on other sites More sharing options...
Sid Nagy Posted May 3, 2021 Share Posted May 3, 2021 Limburger? Link to comment Share on other sites More sharing options...
Alwin Alcott Posted May 3, 2021 Share Posted May 3, 2021 47 minutes ago, Sid Nagy said: Limburger? zeeuw Link to comment Share on other sites More sharing options...
Sid Nagy Posted May 3, 2021 Share Posted May 3, 2021 In some parts of Limbabwe we have errepel and petatte as well Link to comment Share on other sites More sharing options...
Alwin Alcott Posted May 3, 2021 Share Posted May 3, 2021 13 minutes ago, Sid Nagy said: In some parts of Limbabwe we have errepel and petatte as well thats why we have petoate oa= o met circonflex errepel is phonetisch nearly the same only its a "long" e to start with (no é or ee) Link to comment Share on other sites More sharing options...
Kimmi Zehetbauer Posted May 3, 2021 Share Posted May 3, 2021 Getting on topic I was half expecting the mboards to get flooded by those getting caught by surprise by seeing the increased charge and looking for a place to vent.... 1 Link to comment Share on other sites More sharing options...
LittleMe Jewell Posted May 3, 2021 Share Posted May 3, 2021 Just now, Kimmi Zehetbauer said: Getting on topic I was half expecting the mboards to get flooded by those getting caught by surprise by seeing the increased charge and looking for a place to vent.... LL did say that the majority of transactions would not be impacted - that could explain why we've not see lots more threads/posts. 2 Link to comment Share on other sites More sharing options...
Coffee Pancake Posted May 3, 2021 Share Posted May 3, 2021 There is also a huge lag in people finding out and only a tiny minority of the userbase even know about the forums. 1 Link to comment Share on other sites More sharing options...
Kimmi Zehetbauer Posted May 3, 2021 Share Posted May 3, 2021 11 minutes ago, Coffee Pancake said: There is also a huge lag in people finding out and only a tiny minority of the userbase even know about the forums. Very true. Link to comment Share on other sites More sharing options...
Kimmi Zehetbauer Posted May 3, 2021 Share Posted May 3, 2021 49 minutes ago, LittleMe Jewell said: LL did say that the majority of transactions would not be impacted - that could explain why we've not see lots more threads/posts. When I still ran my club --- I would've been impacted since the average amount would've got the fee in my case to about $7. My friend who took over is monitoring though. Her renewal is coming up in a few months and watching if the Lab throws other curve balls. Link to comment Share on other sites More sharing options...
LittleMe Jewell Posted May 3, 2021 Share Posted May 3, 2021 For the ones the do purchase in larger quantities, anyone that purchases monthly or less frequently may not have even noticed yet. Link to comment Share on other sites More sharing options...
Mariusz Ivanovic Posted May 3, 2021 Share Posted May 3, 2021 (edited) I've been involved in the video game industry, Network security industry, internet, and (many) other pay for service platforms, I own over 700 games in my Steam account, and have worked on or contributed my expertise to many companies, projects, and endeavors over my 30 years in the industry. I feel with this recent SLIDING SCALE TRANSACTION FEE, a line has definitely been crossed for me. The last few times this fee went up, the answer was "oh just buy more L$, instead of making several small purchases a month, make 1 larger one." I went from buying 5-10k L$ a pop, to buying like 20-30k, and again, the fee goes up for that bracket SUBSTANTIALLY, and the answer is once again..."Oh just buy MORE L$, if you spend over 150$ you won't even see the increase" (which is flawed logic). I usually spend about 200$usd per month in SL. I've seen COUNTLESS games, and services lose their customers from schemes like this, most of them offered a FREE to play model, while they kept raising prices, and putting a higher burden on those giving them income. Stop making it harder, and more expensive to give you my money!! Its greedy and a stupid tactic. LL OWNS the currency, the market, the systems it all runs on, and holds all the cards, while the COMMUNITY creates the content. I have MANY other options for my entertainment value, and almost ALL of those options have NO transaction fees if I want to put my money in, and they are also going through a 3rd party, and having a MAJOR percentage of my purchase being siphoned off. I'm sure if you have 2 companies like Amazon, one charges sales tax, and one doesn't, people would gravitate to the cheaper option to avoid extra cost. I feel like I've been getting MUCH less bang for my buck in SL, with possible market manipulation, keeping the base cost of L$ high, prices for things going up all the time in world, and now this LARGE fee for the privilege of making a purchase on a fully controlled internal system, I feel like I'm being taken advantage of, and LL is going to end up strangling their golden geese to death. I've seen it countless times before, and the companies didn't survive long after. I know I will be 2nd guessing, and griping over this fee EVERY TIME I purchase L$, and that is NOT the feeling you want your customers having. I will be changing my SL purchasing habits substantially, and instead of spending heavily on community created content, I'll just be buying enough L$ to cover my rent, as I already have THOUSANDS of items in my inventory that I bought over a year ago, maybe more, and didn't open yet. Reverse this Sliding Scale fee, or I fear its the beginning of the end for SL for sure...GREED KILLS Edited May 3, 2021 by Mariusz Ivanovic typo correction 2 2 Link to comment Share on other sites More sharing options...
Desiree Moonwinder Posted May 3, 2021 Share Posted May 3, 2021 (edited) Quote Buy Fee Change Discussion Okay. I'm blond. Where can I buy a fee change? I bought a region buy-down fee some years ago. Edited May 3, 2021 by Desiree Moonwinder 1 2 Link to comment Share on other sites More sharing options...
Drake1 Nightfire Posted May 3, 2021 Share Posted May 3, 2021 I have a serious question.. Why does it take longer to buy $L at a higher exchange? Isn't the money already there to be bought? They list how much of each amount. Link to comment Share on other sites More sharing options...
Qie Niangao Posted May 4, 2021 Share Posted May 4, 2021 2 hours ago, Drake1 Nightfire said: I have a serious question.. Why does it take longer to buy $L at a higher exchange? Isn't the money already there to be bought? They list how much of each amount. It's a kind of auction. Here are some current LindeX data as an example: If one bids L$240, it closes immediately because there's over L$32 million on offer at that very price. (This would be the hard way to do a "market Buy" order.) To buy at a slightly better rate, getting slightly more L$s, say 248, for each US$ spent, that bid will wait very briefly until the very next market Sell order (unless in the meantime some other more desperate buyer bids 247 or less). Given these data, a L$249 and even a L$250 Buy order might also fill in just a somewhat longer wait, while orders come and go around that level. Link to comment Share on other sites More sharing options...
Finite Posted May 4, 2021 Share Posted May 4, 2021 1 hour ago, Qie Niangao said: It's a kind of auction. Here are some current LindeX data as an example: If one bids L$240, it closes immediately because there's over L$32 million on offer at that very price. (This would be the hard way to do a "market Buy" order.) To buy at a slightly better rate, getting slightly more L$s, say 248, for each US$ spent, that bid will wait very briefly until the very next market Sell order (unless in the meantime some other more desperate buyer bids 247 or less). Given these data, a L$249 and even a L$250 Buy order might also fill in just a somewhat longer wait, while orders come and go around that level. I usually buy for 248L and it generally fills fairly quick. All that linden tied up at 240 and below just makes me wonder. Are those merchants tying up all that linden? Or just people patient enough to hold out for market buys? Doesn't seem like a bad gig. Considering now since there isn't a huge difference between market and limit buys. (roughly 300-400L per 50usd of lindens.) Link to comment Share on other sites More sharing options...
Theresa Tennyson Posted May 4, 2021 Share Posted May 4, 2021 11 hours ago, Finite said: I usually buy for 248L and it generally fills fairly quick. All that linden tied up at 240 and below just makes me wonder. Are those merchants tying up all that linden? Or just people patient enough to hold out for market buys? Doesn't seem like a bad gig. Considering now since there isn't a huge difference between market and limit buys. (roughly 300-400L per 50usd of lindens.) The vast majority of buying Lindens is by people buying Lindens through the viewer, which is a market buy and will be filled at the best limit sell level. Limit buys are filled by market sells, which are comparatively uncommon. I suspect that almost all of them are by Linden Lab providing new Lindens to replace those "burned up" by various "sinks" built into the system. Link to comment Share on other sites More sharing options...
Recommended Posts
Please take a moment to consider if this thread is worth bumping.
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now