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Mason Kingsford

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Posts posted by Mason Kingsford

  1. I wasn't talking about the conversion from Ls to USD. Yes, the value is going down. Not happy about that either. Of course you can always 'undercut' the lowest valued offer to sell first. That's the problem that's driving the value down. The sell channel has been flooded.

    But my original comment about faster payouts is the time it takes for LL to send my USD to PayPal. They claimed that the time would be 'faster', but so far, in my experience, it's the same as before. So they've raised the payout fee up to 1500% more than the $1 fee, but the time is the same.

  2. This is really gross. LL is already making a % on the conversion from Linden currency to real world currency. Now they make another % on payout! This is a huge withdrawal fee/tax and it's ridiculous.

    Really, another example of LL's poor business model. Absurdly high tiers for years, when hosting prices have dropped, dropped, dropped. The writing is on the wall for LL and they are putting the squeeze on us, the lifeblood of their business.

    Thankfully I can transition my business to accept Paypal payments directly. I think I'll start working on that very soon.

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