Teen Metaverse Blog

As shown in the following graph…

…since the beginning of the third quarter in 2007, SL users have stopped spending as much money in Second Life as they did in late Q1 and Q2.  This is about the time that the value of the dollar also began falling, driving the USD => EURO exchange rate from 1.28 to 1.48, and for the vast majority of SL residents who are in the US and are affected by the economic slowdown that has affected America.  This might be the reason that the value of the Linden Dollar (L$) has been fluctuating so much these past few weeks.  Formerly, the exchange value was at around L$260-270 per 1USD, last week, at around 12p.m. PST the value of the L$ tanked down to L$87 per 1USD.  That crash lasted around around an hour before the exchange rate shot back up to L$200/1USD  (note: I have not managed to find that graph again.).  At the time of this writing, the exchange rate is L$187/1USD  which is still a major rate decrease.  With the recent news of congressional aprooval for a market stimulus, I predict that the LindeX will recover back to its regular rate, because in the past few weeks, it has become very volatile.  The forecast still looks good, Second Life is an ever-expanding economy, and will always stabalize on its own, but at the same time, will respond to the economic slowdowns of the Real-World markets.