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Stock Market Changed |
| The stock market now goes up and down based on people purchasing stocks on that day. | |||
| That is good. So the more people that buy stock the more it goes up in price? So it changes automatically or does it do it at midnight then? ---- "We try to discuss the problem, but when all else fails we go in by force." - UN tour guide | |||
| It still changes at midnight, but it's based on how people bought/sold on that day. ---- "I haven't committed a crime. What I did was fail to comply with the law." - David Dinkins | |||
| Oh yeah, there is still a random factor that affects how much it changes. ---- "I haven't committed a crime. What I did was fail to comply with the law." - David Dinkins | |||
| WOW! I can't believe you actually coded that in! You're awesome, dude! ---- Aleksandr(Sasha) Ovcharenko | |||
| You have done well to make the stock value reflect market forces. I also REALLY like the buy/sell 10 buttons. The market should change more regularly though. I doubt there would be much involved in linking the price change to the half hourly update. Since you introduced this it seems there is a lot less money lying around to be stolen. People seem to be putting galos into stocks where it is reasonably safe and using that to hide their funds. (Have to admit that I have been doing that also, nett result is that I have been able to buy another nuke and shock absorber since this feature was introduced). If the market fluctuated more people would be keeping a closer watch on the values and moving galos in and out of stocks more regularly, giving better chances that they could be raided with lots of galos available to steal. | |||
| Good point. ---- Aleksandr(Sasha) Ovcharenko | |||
| By the way, is it "The more people purchase it, the higher price it gets" or the other way around? ---- Aleksandr(Sasha) Ovcharenko | |||
| Well in the real stock market isn't it the more people that buy? Well it is easy and can be based on a point system like Original amount+[Total number of stocks(2*AMOUNT BOUGHT)+(-2*AMOUNT SOLD)]=New amount Something like that may work. ---- "We try to discuss the problem, but when all else fails we go in by force." - UN tour guide | |||
| Well, the more bought, the more it will go up. ---- "The perfect computer has been developed. You just feed in your problems and they never come out again" - Al Goodman | |||
| OK. Good. Like the real thing. And the more sold, the more it will drop? ---- Aleksandr(Sasha) Ovcharenko | |||
| Haha good thing I sold all my Napkin stocks: International Napkin Association is bankrupt ---- "We try to discuss the problem, but when all else fails we go in by force." - UN tour guide | |||
| Please explain bankruptcy in terms of the game ... are those stocks just gone now? ---- telnet://twmud.com:2000 | |||
| I had 158MM worth. Please credit me 158MM. Thanks! ---- Kooey Kablooey | |||
| Yep. Same here. ---- Aleksandr(Sasha) Ovcharenko | |||
| Sasha, It would be nice if you'd give some warning before making these radical changes... I had 105 shares of the Napkin stock before you decided to wipe it out. | |||
| What the hell happened to the Napkin stock? | |||
| They went bankrupt and that is the way the real stock market is. So just take the loss. That is the risk you took when you put that many shares into that one company. ---- "We try to discuss the problem, but when all else fails we go in by force." - UN tour guide | |||
| No, Tony, it's bullshit. It was showing 15K galos/share this MORNING after midnight. Since it only changes once per day, someone must have royally fucked the system and changed it again. ---- Kooey Kablooey | |||
| I agree that is totally F'd up if it changes at midnight. I had over 125 shares of napkin also.... now its all gone. When does the system update, because I feel this was done on purpose. I'm with Vyce, I was purposefully phucked. Thats my story and I'm sticking to it. -DD | |||
| Vyce is right. It was around 15,000 per share this morning. Besides, Sasha, you cannot just take people's money away like this without any warning. If the stock can "crash" and the company go bankrupt, then Sasha should have made that knowledge available. I know this was done to get rid of some of the insane amounts of money in the top 10 - but this is not the way to do that Sasha. It is wrong. | |||
| "They went bankrupt and that is the way the real stock market is. So just take the loss. That is the risk you took when you put that many shares into that one company." Actually, Tony, that's not how the stock market works. Since you wish to duplicate the way a market works, perhaps you should code in Chapters 7, 11, and 13 of the UCC, which IS how a company goes bankrupt. Furthermore, you need to create a business media outlet to allow access to company reports and news concerning the overall market, so investors would be able to make somewhat intelligent guesses. Finally, you might want to create a cyber-SEC to stop corruption, insider trading, and stock manipulation. But, since this isn't the point and is beyond the scope of this game, stop falling back onto that which you do not understand and reinstitute the shares status quo ante bellum. This game can't continually change the rules during the game without decent notice. Otherwise, cancel my account. | |||
| Heh heh, way to go, Sasha. The stock market is always a risk, after all.... ---- L337 my $h0r7$ | |||
| Odd. 33K shares, down the drain. Let's just keep piling the bullshit up, huh? ---- telnet://twmud.com:2000 | |||
| This sudden crash is bothersome. I had quite a lot of shares of the napkin corporation. I can understand that there can be risk, but there was no warning that the company could potentially go bankrupt in the middle of the day. I'd rather not be mostly bankrupt --Avian, Massive Attack | |||
| I thought it updated every hour now. That is a bug... as for the thingy about how companies go bankrupt if their shares go down in price, which is caused be mass selling at low prices, then the company is in financial trouble. After that they usually file bankrupcy. ---- "We try to discuss the problem, but when all else fails we go in by force." - UN tour guide | |||
| Tony, please stop discussing things you obviously don't understand. A bankruptcy is roughly when the debt of a corporation exceeds the total value of its assets. One way this can happen is when a company's assets are made up of a sufficient amount of its own stocks that a drop in stock value will cause a bankruptcy to be likely. Notice, I said likely. Despite this unlikely scenario, this would in almost all circumstances result in a reorganization and not utter dissolution. Without further info concerning the debt-to-asset ratio, it is the height of arbitrariness for the admin to "decide" to bankrupt a particular company. Furthermore, this goes against the rules set out in the beginning of this "stock market". If this was someone's way to level the playing field, there's better ways to accomplish this. In fact, access to capital generation was a clever way to bring lesser players up, as opposed to greater players down; this unfortunate ham-handedness by the admins will probably put a chill on the small guy's desire to invest. Only the wealthiest will gamble their money, while the rest of us will have to schlep around as usual. | |||
| I didn't "decide" to make it go bankrupt, it did so at midnight. HOWEVER, it didn't work the expected way because of a bug. I needed to manually make it go bankrupt right now, but next time it will happen automatically. As for why, it is probably because it had 6,000 sales yesterday and because of a random factor. I don't know too much about the real stock market, but this is how the game is made right now, sorry if this is a problem. ---- "The perfect computer has been developed. You just feed in your problems and they never come out again" - Al Goodman | |||
| So it only takes 6000 sales of a stock to bankrupt it? I bought 33 THOUSAND last night ... Nowhere was it mentioned that the investment would just go away, you just said we could watch it go up and down. I'm kinda disappointed. ---- telnet://twmud.com:2000 | |||
| Let me re-phrase that: there were 6000 more sales than buy's. Also, remember that there is still a random factor. What happened at midnight probably won't happen again for a while. ---- "The perfect computer has been developed. You just feed in your problems and they never come out again" - Al Goodman | |||
| Sasha, when you don't inform people of an important feature, it gives the impression that you did "decide" to bankrupt a company. Also, is it any cooincidence that this happened while one of the wealthiest players had a sizeable portion of their assets invested in this particular stock? I say at the very least 1) restore everyone's stocks and 2) provide the amounts bought and sold at any given moment, otherwise, this game is more full of shiat than an Enron pension plan. | |||
| Since the stock is assumedly gone now ... lay it out in numbers. People SOLD 46K napkin association stocks yesterday and people only BOUGHT .. 40K napkin stocks? I have a hard time believing that there were 6000 more sales than buys for this stock yesterday. I didn't sell any. Vyce says he didn't sell any. Combined, we bought 43,000 shares of the Napkin Corporation. ... Why doesn't this make sense to me ---- telnet://twmud.com:2000 | |||
| Same here. I bought 10000+ and didn't sell any. When the stock market began, I sold almost all of my weapons, which wasn't that much, attacked around, getting most money, and invested it all into stock market. The first day, I made a 1,000,000 profit. Since then, I've been increasing the amount in the stock market daily. Every now and then, I bought a few weapons here and there... So, that puts the total at at least 53,000. Plus, I'm sure that the rest of the players bought at least 1,000. That is a total of 60,000 that would have to have been sold. Now, where would the players other than fn-kain, vyce-x, and me get more than 60,000 stocks to sell in the first place? By the way, fn-kain and vyce-x, I appologize for possible miscapitalization of your names. ---- Aleksandr(Sasha) Ovcharenko | |||
| And, yes, I like Speed's suggestion to give the current amount bought and current amount sold. Also, please give us the numbers of who sold how much and who bought how much. ---- Aleksandr(Sasha) Ovcharenko | |||
| I don't have all those numbers, I think I was wrong about the 6000 sold thing. I was probably looking at today. Whatever, it must be a big bug. It's been fixed, though. I know people lost a lot of money and I'm sorry. It's my fault and it was a big bug with bankrupt stocks. Like I said, this won't happen again. ---- "The perfect computer has been developed. You just feed in your problems and they never come out again" - Al Goodman | |||
| Just a suggestion, I think the stock market should change every 6 or 12 hours instead of once at midnight. Gives everyone more of a chance to make or loose money. Cheers | |||
| Sasha Slutsker, I had roughly 105 Napkin stocks, bought between $15,000 and $6,000. When are you restoring my shares? I don't want the money, since I don't monitor this site 24-7 and it would be quickly stolen. If you can't restore my Napkin shares, replacing them with comprabably valued stock would be another option. Your choice. | |||
| Karma ---- www.city-wars.com | |||