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	<title>Comments on: Ginko Financial’s AVIX Buyout Blocked</title>
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	<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html</link>
	<description>Always Fairly Unbalanced</description>
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	<item>
		<title>By: shockwave yareach</title>
		<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html/comment-page-1#comment-24657</link>
		<dc:creator>shockwave yareach</dc:creator>
		<pubDate>Fri, 03 Aug 2007 09:43:05 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wp_2/?p=1157#comment-24657</guid>
		<description>The dot com era was about greed, pure and simple.  Greed that caused normally cautious venture capitalists to throw money left and right at the &quot;new thing&quot; in hopes that they&#039;ll somehow be at the ground floor with the next Microsoft.  This caused some of the stupidest ideas to come to life - why would anyone want to buy pet food for 20c less a can and then spend 40c a can for shipping and wait a week while Fido hungrily eyes the cat?

It IS an excellent corollary to SL though.  Just like the internet before, the money people and the existing businesses &quot;don&#039;t get it&quot;.  The internet is interactive and it took business half a decade to realize that people aren&#039;t blankly staring at the monitor.  I suspect it&#039;ll be a few years more before they understand that SL is playtime for 90% of the people on it, and for most people, play doesn&#039;t mean prostrating yourself in front of a gigantic shoe on the Nike sim just because the investors demand it.
</description>
		<content:encoded><![CDATA[<p>The dot com era was about greed, pure and simple.  Greed that caused normally cautious venture capitalists to throw money left and right at the &#8220;new thing&#8221; in hopes that they&#8217;ll somehow be at the ground floor with the next Microsoft.  This caused some of the stupidest ideas to come to life &#8211; why would anyone want to buy pet food for 20c less a can and then spend 40c a can for shipping and wait a week while Fido hungrily eyes the cat?</p>
<p>It IS an excellent corollary to SL though.  Just like the internet before, the money people and the existing businesses &#8220;don&#8217;t get it&#8221;.  The internet is interactive and it took business half a decade to realize that people aren&#8217;t blankly staring at the monitor.  I suspect it&#8217;ll be a few years more before they understand that SL is playtime for 90% of the people on it, and for most people, play doesn&#8217;t mean prostrating yourself in front of a gigantic shoe on the Nike sim just because the investors demand it.</p>
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		<title>By: Jessica Holyoke</title>
		<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html/comment-page-1#comment-24656</link>
		<dc:creator>Jessica Holyoke</dc:creator>
		<pubDate>Thu, 02 Aug 2007 10:28:26 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wp_2/?p=1157#comment-24656</guid>
		<description>I look at the SL financial markets as just another extension of RL financial markets.  You don&#039;t invest in what you don&#039;t know or if you do invest in the unknown, you do it at significant risk.  That philosophy covers many RL financial markets.  The DotCom boom comes to mind of people investing in companies, certainly with disclosure of who they are, but not so much on what those companies do.  And they still had investors, and there were still huge losses.

And there&#039;s nothing wrong with investing on a hot tip you don&#039;t know that much about, or a possible scheme that has a track record but no good information.  Just so long as people are aware of the risks and have the information available as soon as possible.


</description>
		<content:encoded><![CDATA[<p>I look at the SL financial markets as just another extension of RL financial markets.  You don&#8217;t invest in what you don&#8217;t know or if you do invest in the unknown, you do it at significant risk.  That philosophy covers many RL financial markets.  The DotCom boom comes to mind of people investing in companies, certainly with disclosure of who they are, but not so much on what those companies do.  And they still had investors, and there were still huge losses.</p>
<p>And there&#8217;s nothing wrong with investing on a hot tip you don&#8217;t know that much about, or a possible scheme that has a track record but no good information.  Just so long as people are aware of the risks and have the information available as soon as possible.</p>
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		<title>By: jefferey Heart</title>
		<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html/comment-page-1#comment-24655</link>
		<dc:creator>jefferey Heart</dc:creator>
		<pubDate>Wed, 01 Aug 2007 23:29:33 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wp_2/?p=1157#comment-24655</guid>
		<description>This is definitely a symptom of the issues that Second life is now facing.  I&#039;ve recently close my own business in Second life seeing the down turn in the economy.

I kept alot of LINDENS in GINKO over the last year and was lucky enough to be able to draw my lindens out of GINKO via PAYPAL when the LIMITS on withdraw kicked in.

What we are seeing here with this Bank in the Game is nearly identical to the Bank Collapse during the Great Depression in the US.
</description>
		<content:encoded><![CDATA[<p>This is definitely a symptom of the issues that Second life is now facing.  I&#8217;ve recently close my own business in Second life seeing the down turn in the economy.</p>
<p>I kept alot of LINDENS in GINKO over the last year and was lucky enough to be able to draw my lindens out of GINKO via PAYPAL when the LIMITS on withdraw kicked in.</p>
<p>What we are seeing here with this Bank in the Game is nearly identical to the Bank Collapse during the Great Depression in the US.</p>
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		<title>By: SqueezeOne Pow</title>
		<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html/comment-page-1#comment-24654</link>
		<dc:creator>SqueezeOne Pow</dc:creator>
		<pubDate>Wed, 01 Aug 2007 18:23:03 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wp_2/?p=1157#comment-24654</guid>
		<description>While I do agree with people saying not to trust anyone with your money in SL and not to give up more than you can afford to lose, I do have an interesting annecdote regarding international money issues and knowing true identities...

I purchased something from a guy in Japan on his web site. It seemed more professional than most of the sites out there. Internet shopping was a bit new to me at the time so having my money wired to the guy&#039;s account didn&#039;t ring any alarms for me (dumb thing to do when looking at that now, I know!)

So a month passed after the promised delivery time and still nothing. I called the receiving bank and it was already too late to get a refund from them and I&#039;d have to take it up with the guy in question...who lives in Japan.

What to do?? Well, I looked up his web site on one of the registry sites and got his home address, phone number, personal email and real name.

I sent him an email addressing him by name and saying if I didn&#039;t have my money returned to me or the product delivered in a week then I&#039;d not only give him a call to chat with him, but I&#039;d also provide his info to anyone and everyone on any message board that had to do with what he was selling (it was airsoft guns if I remember correctly). I&#039;d also consider visiting him in Japan...I&#039;ve always wanted to go anyway!

Sure enough one week passed and I got my money sent back to my account. It was a total bluff on my part but a little bit of harassment can go a long way!

Just thought that was appropriate to share in this situation...
</description>
		<content:encoded><![CDATA[<p>While I do agree with people saying not to trust anyone with your money in SL and not to give up more than you can afford to lose, I do have an interesting annecdote regarding international money issues and knowing true identities&#8230;</p>
<p>I purchased something from a guy in Japan on his web site. It seemed more professional than most of the sites out there. Internet shopping was a bit new to me at the time so having my money wired to the guy&#8217;s account didn&#8217;t ring any alarms for me (dumb thing to do when looking at that now, I know!)</p>
<p>So a month passed after the promised delivery time and still nothing. I called the receiving bank and it was already too late to get a refund from them and I&#8217;d have to take it up with the guy in question&#8230;who lives in Japan.</p>
<p>What to do?? Well, I looked up his web site on one of the registry sites and got his home address, phone number, personal email and real name.</p>
<p>I sent him an email addressing him by name and saying if I didn&#8217;t have my money returned to me or the product delivered in a week then I&#8217;d not only give him a call to chat with him, but I&#8217;d also provide his info to anyone and everyone on any message board that had to do with what he was selling (it was airsoft guns if I remember correctly). I&#8217;d also consider visiting him in Japan&#8230;I&#8217;ve always wanted to go anyway!</p>
<p>Sure enough one week passed and I got my money sent back to my account. It was a total bluff on my part but a little bit of harassment can go a long way!</p>
<p>Just thought that was appropriate to share in this situation&#8230;</p>
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		<title>By: Second Lulz Vigilante</title>
		<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html/comment-page-1#comment-24653</link>
		<dc:creator>Second Lulz Vigilante</dc:creator>
		<pubDate>Wed, 01 Aug 2007 17:13:46 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wp_2/?p=1157#comment-24653</guid>
		<description>Banks, clubs, and casinos...so many ways to flush your money down the toilet in this game.

Best way to make more than you put into it is to do custom work for people you know and let word of mouth do your advertising for you. You won&#039;t get rich and you won&#039;t be able to quit your job but you won&#039;t lose anything either.

All this assumes you have an actual skill like building, textures, animations, or scripting. If not you&#039;re pretty much SOL as far as making any spacebux.
</description>
		<content:encoded><![CDATA[<p>Banks, clubs, and casinos&#8230;so many ways to flush your money down the toilet in this game.</p>
<p>Best way to make more than you put into it is to do custom work for people you know and let word of mouth do your advertising for you. You won&#8217;t get rich and you won&#8217;t be able to quit your job but you won&#8217;t lose anything either.</p>
<p>All this assumes you have an actual skill like building, textures, animations, or scripting. If not you&#8217;re pretty much SOL as far as making any spacebux.</p>
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		<title>By: janeforyou Barbara</title>
		<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html/comment-page-1#comment-24652</link>
		<dc:creator>janeforyou Barbara</dc:creator>
		<pubDate>Wed, 01 Aug 2007 14:54:06 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wp_2/?p=1157#comment-24652</guid>
		<description>I warned here on this 2 times before : Do not trust anyone with your  L$!!!

&quot;Cohort of mine tried to withdraw 27000 to purchase some land. Surprise, they wouldn&#039;t let her. They said the most she could take out was 5K but she couldn&#039;t even get that.

Anyone who puts money into a play bank with nothing securing it will be very lucky to get money out again. Might as well deposit your cash with Lenny the Hook in the alley off 4th and main for all you&#039;ll see of it again.&quot;



I was offerd to invest 100.000 L$ at 2% intrrest a week = 104% = thay pay me 104.000 L$
over 1 yare LOL! = thay pay me 204.000 L$ in 2008,,, Business dont work like that,, not even RL.If all this ppl say are true and safe for you ( as thay do say) i be a multibilloner in no time :-)  IMAOO!!
A good advice : If somting seam to good to be true,, dont do it.You will loose.
</description>
		<content:encoded><![CDATA[<p>I warned here on this 2 times before : Do not trust anyone with your  L$!!!</p>
<p>&#8220;Cohort of mine tried to withdraw 27000 to purchase some land. Surprise, they wouldn&#8217;t let her. They said the most she could take out was 5K but she couldn&#8217;t even get that.</p>
<p>Anyone who puts money into a play bank with nothing securing it will be very lucky to get money out again. Might as well deposit your cash with Lenny the Hook in the alley off 4th and main for all you&#8217;ll see of it again.&#8221;</p>
<p>I was offerd to invest 100.000 L$ at 2% intrrest a week = 104% = thay pay me 104.000 L$<br />
over 1 yare LOL! = thay pay me 204.000 L$ in 2008,,, Business dont work like that,, not even RL.If all this ppl say are true and safe for you ( as thay do say) i be a multibilloner in no time <img src='http://alphavilleherald.com/site/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' />   IMAOO!!<br />
A good advice : If somting seam to good to be true,, dont do it.You will loose.</p>
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		<title>By: Nina A</title>
		<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html/comment-page-1#comment-24651</link>
		<dc:creator>Nina A</dc:creator>
		<pubDate>Wed, 01 Aug 2007 12:13:59 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wp_2/?p=1157#comment-24651</guid>
		<description>If something went wrong there was no way someone living in the UK could ever get money back from an anonymous person in an American game. Now we know the person&#039;s name, and his location which is Brazil, which makes it even more impossible. It was always a gamble not a bank.
</description>
		<content:encoded><![CDATA[<p>If something went wrong there was no way someone living in the UK could ever get money back from an anonymous person in an American game. Now we know the person&#8217;s name, and his location which is Brazil, which makes it even more impossible. It was always a gamble not a bank.</p>
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		<title>By: Lenny da Hook</title>
		<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html/comment-page-1#comment-24650</link>
		<dc:creator>Lenny da Hook</dc:creator>
		<pubDate>Wed, 01 Aug 2007 11:16:33 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wp_2/?p=1157#comment-24650</guid>
		<description>Ah, many thanks for the endorsement Shock!


I&#039;ll be happily opening accounts with reasonable 5% returns for all those poor suffering Ginko customers, starting today! Remember when you want safe, secure banking with a name you can trust think &#039;da hook&#039;!

That&#039;s &#039;da hook&#039; in the alley off forth and main!


</description>
		<content:encoded><![CDATA[<p>Ah, many thanks for the endorsement Shock!</p>
<p>I&#8217;ll be happily opening accounts with reasonable 5% returns for all those poor suffering Ginko customers, starting today! Remember when you want safe, secure banking with a name you can trust think &#8216;da hook&#8217;!</p>
<p>That&#8217;s &#8216;da hook&#8217; in the alley off forth and main!</p>
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		<title>By: shockwave yareach</title>
		<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html/comment-page-1#comment-24649</link>
		<dc:creator>shockwave yareach</dc:creator>
		<pubDate>Wed, 01 Aug 2007 09:37:00 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wp_2/?p=1157#comment-24649</guid>
		<description>Cohort of mine tried to withdraw 27000 to purchase some land.  Surprise, they wouldn&#039;t let her.  They said the most she could take out was 5K but she couldn&#039;t even get that.

Anyone who puts money into a play bank with nothing securing it will be very lucky to get money out again.  Might as well deposit your cash with Lenny the Hook in the alley off 4th and main for all you&#039;ll see of it again.
</description>
		<content:encoded><![CDATA[<p>Cohort of mine tried to withdraw 27000 to purchase some land.  Surprise, they wouldn&#8217;t let her.  They said the most she could take out was 5K but she couldn&#8217;t even get that.</p>
<p>Anyone who puts money into a play bank with nothing securing it will be very lucky to get money out again.  Might as well deposit your cash with Lenny the Hook in the alley off 4th and main for all you&#8217;ll see of it again.</p>
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		<title>By: Nacon</title>
		<link>http://alphavilleherald.com/2007/07/ginko-financial-3.html/comment-page-1#comment-24648</link>
		<dc:creator>Nacon</dc:creator>
		<pubDate>Wed, 01 Aug 2007 06:55:29 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wp_2/?p=1157#comment-24648</guid>
		<description>It&#039;s almost too good as gambling in my term......  BAN!
</description>
		<content:encoded><![CDATA[<p>It&#8217;s almost too good as gambling in my term&#8230;&#8230;  BAN!</p>
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