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Forum Main>>Announcements>> Update: Brand new stock exchange
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Sylvia

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Posted on Mon May 12, 2008 12:56:10
great job on this one...congratz guys (and girls) doing all the coding

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GoldenGuard

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Posted on Mon May 12, 2008 13:04:35
I finished my tutorial so if you are new to the stock market please for your own good read it =D

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Gotta love being hacked =(
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Rolo
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Posted on Mon May 12, 2008 15:20:08
I might start useing the stock market a little bit more now!!!

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dotLeo
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Posted on Mon May 12, 2008 16:31:15
Absolutely wonderful, good job!

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Kill-For-Glory

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Posted on Mon May 12, 2008 19:17:38
kool

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Oddisee
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Posted on Mon May 12, 2008 20:17:19
By EazyE312 [502266]
good idea, now I just need to get a stock market


just bought it

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BlackSnow

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Posted on Mon May 12, 2008 20:45:50
Cool!
I may now actually consider going into the stock markets...
Its seems much more realistic, and eaiser to gain (or lose) lots of money.

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Sig by Me ^_^
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Yurii

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Posted on Tue May 13, 2008 06:51:54
Would be good if you could sell only a few shares not have to sell all of them

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Samaell

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Posted on Tue May 13, 2008 10:07:57
its awesome stuff

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EasterFiber

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Posted on Tue May 13, 2008 11:41:07
thank you ched.... just decided to keep donating

and i just yesterday donated 6 times through my paypal account for me and my friends... you really made something great... and props to the new newspaper sections.. i think i'd like to draw a comic, too

just got to find the idea

Your mum works for TC staff and thats why she erased my sig!

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thepordage
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Posted on Fri May 16, 2008 05:57:27
i'll try it, but like all the other shit clogging up this site i probably wont like it.

good luck to you small group of semi retarded people. (grade:- pending)

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Richy--Of--All
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Posted on Fri May 16, 2008 07:47:45
what lvel u need to be?

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MrSiamese-Quit
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Posted on Fri May 16, 2008 13:42:43
Ya know...the update to the stock market is very pretty, but I have to say that the new mechanics of the market suck.

I assume this is because higher levels are buying tens and hundreds of thousands of shares, turning market volatility to nil, meaning very little movement in stock prices (when compared to the old system).

Because there's no movement in the market, it makes it hard for those of us who know what we're doing to make much of a profit. With the old system, I could make 4-10% profit a day, limited by the amount of shares I could buy.

With the new system, 1% a day is difficult and the fluctuations are a lot more random, since they're based more on large buy/sells by the rich and the shares outstanding are so large it takes huge numbers of shares being bought/sold to have any influence at all.

So, 9/10 for the new look. 3/10 for the mechanics. It seems another way to pander to the highest levels and richest players in the game. Now they have a safe place to keep their millions.

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rj_locziN

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Posted on Fri May 16, 2008 16:50:17
how to join? i dont know..plz tell me

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Posted on Fri May 16, 2008 23:43:34
Garbage.


Edited by: Hate_Train on 17/05/08 at 12:10:48 AM

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MrSiamese-Quit
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Posted on Sat May 17, 2008 10:23:45
By airakusanagi [279691]
how to join? i dont know..plz tell me


You can buy into the market using points.



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EasterFiber

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Posted on Sun May 18, 2008 16:07:35
@siamese.... that actually comes very close to reality

wake up..

Your mum works for TC staff and thats why she erased my sig!

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Doomsday
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Posted on Mon May 19, 2008 04:43:33
I agree that the mechanics dont work, but for different reasons. People are allowed to invest hundreds of millions and sell 15/30mins later. They make a quick buck and screw up the stock for everyone else.

Take a look at the market trend since this started - a continual downward trend. This should give the people who wrote the code a clue that it isn't working.

Implement a minimum investment period of say 24 hours and you'll get more stability and make this viable. Right now it's just a way to lose money unless you're lucky or have a large amount of cash to play with.

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Posted on Mon May 19, 2008 06:55:17
WOW! I think I will go get some stock for 20 points.

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bladerunner

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Posted on Mon May 19, 2008 09:36:18
great

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Posted on Mon May 19, 2008 18:23:09
Garbage.


Edited by: Hate_Train on 19/05/08 at 11:04:17 PM

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Posted on Mon May 19, 2008 18:23:40
Forum ban.


Edited by: Hate_Train on 19/05/08 at 11:04:31 PM

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Posted on Tue May 20, 2008 09:20:56
Just like the real world?!

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-lol-
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Posted on Tue May 20, 2008 20:01:38
good job

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Legendassassins
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Posted on Tue May 20, 2008 21:07:59
i just lost 250k on the market last night i left it on there all night and wole up this morning to find they have dropped so much they must have gone bust lol

nevermind learn by your mistakes i say

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MrSiamese-Quit
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Posted on Wed May 21, 2008 01:12:46
By -BC-Al_Bern [753422]
@siamese.... that actually comes very close to reality

wake up..


I had thought we wouldn't need to break this down to Barney-level for folks, but I guess I was mistaken.

First off, you're a dumb ass if you think the new stocks work like reality. I'll try to type slower, so that you can understand.

In reality, companies will only bring in owner's equity (funds from sales of stock) based on expected future cash flows. Companies in the TC market aren't bringing in any money. There's no future sales to base decisions on. It's all based on popularity and market trend data.

So, it's a fine simulation, and I don't have a problem with it. It's just much less lucrative for lower levels than the old one used to be. Without caps, the market can literally be set by the people with the most money. When a firm has $100 million invested....one player throwing $100 million into the firm instantly causes the price to go WAY up. The player then pulls out their $100 million, causing the price to drop down (usually further than its original price). So, the rich player wins. The small guy loses, since he can't affect the share price in the same way.

Just look at the 7 day trend for nearly every firm. Somewhere in there, you'll see a huge spike, where the number of shares doubles or even triples with one sale, then almost instantly drops again when that player sells. The share price goes up for a minute, then crashes back down, killing everyone else's return.

On the flip side, in reality, banks don't offer interest of 1.5% per week. That's 78% annually for those of you without simple math skills. The new "improved" market isn't offereing anything even close to this. In other words, the risk of investing (the value of your money going down) isn't offset by reward. Hence, the new market, as it stands now, sucks (pretty as it may be). It needs a share cap, like the old system, in order to be a fair and effective earning's tool.

I'd be glad to wake up....sleepy is better than stupid, anyday.

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EasterFiber

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Posted on Wed May 21, 2008 13:23:02
:s i think you misunderstood me
you're right with what you've said. (you also were in your previous post)

"in reality stocks are mostly controlled by the richest people, too"
is what i wanted to say

but i don't think that here are the most riches who are f**king up the market...
if i had so much money that i could control the course of a stock... why then sell while your investment grows and grows?
i just think the stock market needs to relax since its

1.new
2.overflooded by new participants

think about the enourmous amount of teenagers and kids playing here, who don't have any idea how a stock market is supposed to work... they just buy and then sell again because of a small loss which is just a small daily fluctuation...

i can't get rid of the feeling your just upset not to be abled to use your knowlede in this stock market...

anyway, did not want to be offending... i just hope it gains stability and will be working in a better way until next month


Your mum works for TC staff and thats why she erased my sig!

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JimbobBEng
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Posted on Wed May 21, 2008 14:31:14
it doesnt work like that anyway

i put 1.5bn into a stock that was level.. it went down.. left it there for hours, it continued to drift down..

took it all out... it did nothing and then couple of hours later went back up...

it doesnt seem to matter what investers do!

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Buying Stat Enhancers. Mail me your prices
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quentin
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Posted on Wed May 21, 2008 14:44:21
i am a tc stock expert. eventhough this update is till failrly new, i like to act like i know what i am talking about. blah,blah,blah..

point, we are all learning stiil. lets just calm down ppl and play this game.

overall, great update, i like if way better then the old one. keep up the work ched.

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EasterFiber

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Posted on Wed May 21, 2008 15:21:38
true

Your mum works for TC staff and thats why she erased my sig!

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