I've been following an interesting conversation via the comments on the this SLNN article:
http://www.slnn.com/index.php/article.html
Are the SL Stock exchanges unconsciously asking for more security? This buyout of the AVIX exchange is huge in my mind. I never personally trusted Investor Allen - not only did he come in with a load of speculation, but he never answered to it. And my contact with him didn't lead me to believe he was anything more then what everyone else thought (nothing personal I'm sure you may in fact be a great person).
Is Second Life more then a game? If facebook took a dose of steroids and went 3D would it be a game? I don't know......
But know I won't be investing serious rl dollars into the stocks anytime soon.
Should Linden Lab put restrictions on the stock exchanges? At least restrictions put some security in the investments made, although pissing some off I'm sure. If there are no restrictions what makes it different then online gambling?
Still too many questions.........
Showing posts with label sl stock exchange. Show all posts
Showing posts with label sl stock exchange. Show all posts
Wednesday, August 8, 2007
Saturday, August 4, 2007
JT Financial buys out AVIX stock exchange
http://www.slnn.com/article/avix-buyout/
All I have to say to this is THANK GOD - or the higher sl linden lab goddess??
I trust Arbitrage way more then Investor Allen. No offense but the way things started with him being under the magnifying glass spooked me out. But hell he's getting 8 mil L out of the deal - so I guess this is the legit way to run off with all the L.
All I have to say to this is THANK GOD - or the higher sl linden lab goddess??
I trust Arbitrage way more then Investor Allen. No offense but the way things started with him being under the magnifying glass spooked me out. But hell he's getting 8 mil L out of the deal - so I guess this is the legit way to run off with all the L.
Friday, August 3, 2007
SL Companies vs RL Responsibility
I want to throw this out there. I've been speaking with colleagues on the topic and it seems everyone really has a different opinion.
In the wake of last weeks stock exchange crisis, yet again another shake up of stolen money, the question that needs to be asked is at what point do SL companies and business owners need to receive real life checks and balances, or do they? Is this truly a "game" where all investments are seen as "fun" and for recreation? And if it's recreation is it then considered gambling? Which as you all know has just been banned from SL.
I've found on the smaller scale of things sl residents tend to be very generous and kind. For example I bought a cute top (hey I'm still a chick with a shopping habit) and when it didn't appear in my inventory the owner personally sent it to me and quite a few others. For content creators I don't only see these types of acts good business practice but also reputation control. But on the larger scale, where it really financially matters, who is watching out for the consumer?
If one puts money into a holding "for fun" with the hopes of getting out a big return, and has no general control over that holding or it's outcome, does that differ from gambling?
I'm interested in getting others feedback on this.
In the wake of last weeks stock exchange crisis, yet again another shake up of stolen money, the question that needs to be asked is at what point do SL companies and business owners need to receive real life checks and balances, or do they? Is this truly a "game" where all investments are seen as "fun" and for recreation? And if it's recreation is it then considered gambling? Which as you all know has just been banned from SL.
I've found on the smaller scale of things sl residents tend to be very generous and kind. For example I bought a cute top (hey I'm still a chick with a shopping habit) and when it didn't appear in my inventory the owner personally sent it to me and quite a few others. For content creators I don't only see these types of acts good business practice but also reputation control. But on the larger scale, where it really financially matters, who is watching out for the consumer?
If one puts money into a holding "for fun" with the hopes of getting out a big return, and has no general control over that holding or it's outcome, does that differ from gambling?
I'm interested in getting others feedback on this.
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