In the long run, I ended up with selling 2000 in one sale, and that amount makes it possible to observe the changes in estimated proceeds very closely. In my example, I sold 6000 for 7.31 in three 2000 L sale steps, and when I wanted to sell 2000 a 4th time, the estimated sale had dropped to 7.28. A sure sign that the market was about to become saturated, and a sign for me to stop selling.

For those readers who never sold Lindens:
You get two numbers. On one side you are told how much your Lindens are worth, and a second number tells you how much you will get when you sell. This second number is the estimated proceeds and it’s usually much lower than the first number.
In most cases you get one cent less than estimated, so when estimated proceeds tells you that you’ll get 7.18 USD for 2000 L, you’ll usually get 7.17 USD. If you actually get what estimated told, or even more, keep on selling!

When I started to sell Lindens some years ago, I got less than 7.00 USD for 2000 L.
By 2008, the sales climbed above the 7.00 USD mark.
By 2009, the sales stabilized in general at 7.17.

There are always temporary changes, and in some cases it’s good to observe RL marks. Close to Valentines Day, for example, many rezidents buy presents for their friends, and have a higher demand for money than usual. At times like that you get chances to sell your Lindens for much more than usual.

Still, all in all, the 7.17 mark (7.18 proceeds), turned out to be a pretty good mark for me when I want to determine if the time is right to sell Lindens. If the proceeds are above 7.18 for 2000, the time is right to sell, if the proceeds are below my mark I better continue to sit on my money.

And here’s the extra challenge for non-US rezidents:
If you finally sold your Lindens for a good price, you have to check the exchange rate for USD/Euros, or whatever currency you use, before you transfer your Dollars to your Pay Pal account, where it becomes your native currency and from where you can send it to you really real First Life Bank Account.

Mark me up as wrong, then. Probably just the exchange fees that make your perceived rate worse. (Also, I need to learn how to fucking spell “millennium”.)

Ok, I sell Lindens directly with the link in my account summary. I always believed that IS LindeX, but I never really checked. So it looks like I could get even more USD for my Linden.

They are earned hard enough, that’s for sure!

While Int is contempt with driving businesses against the wall, I drive virtuell cars in SL against walls, and I’m INSIDE them!
So if you ever meet me, don’t be surprised to see me wandering around with a bandaged head or limps packaged in plaster. That’s simply the common dresscode for a daring race queen.

Don’t confuse me with IntFibber. While you got a good deal this time compared to your average sale, overall your exchange rates appear to be worse than LindeX’s averages. Nowhere did I say that you’re worse off because you got more money. Int is just being an idiot and thinking that because you get more money, the exchange rate is higher (which thus gives you LESS money, which would make the argument void anyways). But hey, he knows so much about economics, how can he possibly be wrong?

Again: An average sale for me is when I get 7.17 USD for 2000 Lindens.
Is it really a bad deal in comparison when I get 7.31 USD for 2000 Lindens instead?

At least in Germany we believe that you made a good deal when you earn more money than usual with it.

Int, I think I get more USD for my Lindens when my balance proves is.
That might be a simple pattern, but I’m just a blonde, after all.

I never sayed it’s big business. In my example, I got only 14 cents more than usual per 2000 sold Lindens. Nevertheless I take it as an indicator, thelling me that my Lindens increased in value, because more people buy Lindens.

For me, that’s not the sign of a crumbling economy. Especially because I observe chances like this much more often lately.

I was going to agree back until you said that you can get a 2 year CD for 3% interest. I’d like to meet the guy that’s offering that kind of money and either punch him in the face for being a scamming douche or invest all of my money and make tens of thousands of dollars in 2 years. That, and you’re actually supporting unregulated, unbacked banking. What an idiot. I’d rather have a mediocre economy with no idiotic gambling and no one-night-stand banking than a thriving economy fueled by bullshit.

Remember, everybody, that Intlibber has driven more than one of his own businesses into the ground, and is the last person on Earth you should be accepting financial advice from.

People are walking around with little or no money in their pockets, picking up freebies and just checking out the sites. They go to clubs and hang out, and don’t tip, because they don’t have money and they aren’t going to get any. I think in the long run clubs are going to have a very hard time of it, they need to make sales from their vendors, and while they often don’t directly pay staff, people aren’t going to keep working for 10L an hour, not when they have streams to pay for.”

Same, except I do security. I could easily just make stuff, but I don’t because I insist on keeping SL as dear to me as any old video game, maybe even less so. I do recall that a couple of clubs I’ve known of in the past are dead pretty much. Kama Sutra closed down a few months prior to my recent vacation from SL, and New Grayson is barely pulling in 200 in traffic daily.