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Forum Main>>Announcements>> Update: Stock Market Changes
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Posted on Tue Mar 17, 2009 16:11:16
dno@sumit:@

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Posted on Tue Mar 17, 2009 16:12:20
^) [img][/img] [img][/img]

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Posted on Tue Mar 17, 2009 16:15:01
;) china

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Posted on Tue Mar 17, 2009 16:15:58
:|oheroin

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Posted on Tue Mar 17, 2009 16:19:03
HHHHHHHHHHHHHHHEEEEEEEEEEEEEEEEEEEEEEERRRRRRRRRRRRRROOOOOOOOOOOOOOIIIIIIIIIIIIIIIIIINNNNNNNNNNNNNNNNNNNNN

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muszelious
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Posted on Wed Mar 18, 2009 04:52:49
can u guys explain me how stock market work??
im really dont knw bout this n i really want money to buy a house..

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Posted on Wed Mar 18, 2009 12:57:07
great update^)

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Posted on Wed Mar 18, 2009 16:33:20
By Chedburn [1]
The stock market changes have now been released. It will require tweaking over the next couple of days, but other than that we are very happy with the outcome.

- Users have to now trade shares with each other, not directly back to Torn City. There are however NPCs who buy shares occasionally based on certain odds and stock traits.

- Users can now sell shares on a market. It is not a viewable market, buying and selling works the way it used to, but transactions are between users, not User > Torn City. All transactions are anonymous.

- 6 hour stay-in rule is now removed, since there is no need any more.

- Stocks have been changed to go up and down more, and have huge spikes. Each of the stocks now have more individual character.

- Some stocks now go up and down based on what happens in Torn City. For example, BAG (Big als Gun Shop Stock) goes up and down depending on how many people buy guns. TCHS goes up and down depending on how many people are in hospital over time. And many more.

- Stocks now have forecasts. Forecasts range from Very Good to Very poor which can be used as an indication of how much the stock will go up/down for the next few days / weeks. This may not always be correct.

- Shares have been placed in to the stock market via NPCs, these shares can then be purchased by users and traded amongst other users. There are only a certain amount of shares available in each stock, but if some stocks become very popular, we can easily add more shares.

- A demand structure has been added. If shares are for sale for long periods of a certain stock (if no one wants to buy the stock) the price will gradually fall. If lots of people want to buy the stock but there arent any sellers, prices will gradually rise. Basically, user demand for stocks affect stock price.

- Users are now able to purchase shares in the TCSE as a whole, not individual stocks. Buying and selling of this will be much quicker, but there wont be many large gains/falls. A good place for people to dabble in the stock market quickly and easily, and relatively safely.

- Users can also trade stock transactions with each other, for whatever prices they want.

There are also other changes to come, bank interest will be changed shortly to give us more control over the economy, company taxes may also be introduced.

Thank you.



Edited by: Chedburn on 03/03/09 at 7:26:36 PM




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L0Ni_BaBYY
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Posted on Fri Mar 20, 2009 05:38:29
worst idea ever.

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Posted on Sat Mar 28, 2009 15:42:27
By L0Ni_BaBYY [673647]
worst idea ever.


I agree the stock market is crap, but the rest of the site is ok

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the-guvna
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Posted on Sat Mar 28, 2009 20:11:49
Really hate the new selling of stocks.

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LadyMel

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Posted on Thu Apr 02, 2009 14:43:09
Is the new stock market capable of crashing? I'm down 70mil now for investing in this new stock market and it does not look like it is going back up at all..

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55TARGENERAL

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Posted on Thu Apr 02, 2009 14:03:46
Its a bigger risk to lose more, but if you hang in there it should raise, hmm what stock is that?




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LadyMel

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Posted on Thu Apr 02, 2009 17:59:56
Meth.. I've been stock in The Empty Lunchbox Building Traders stock for almost a hold week and it's been dropping steadily.. I started with 250mil and now I'm down to 176mil.. It's really a major pain because I tried to sell for a whole day when it was up and no one was buying. No one still is buying and it's just dropping when in the real stock market, I should be able to sell my stocks back into the company without a fuss. They buy and sell all the time in the real stock market so why can't it behave the same way on the game. It just doesn't make sense! If they really wanted to make some real improvements, they should allow people on the game with companies the options of putting there company in the stock market instead of making these fake businesses and wondering why they are seeing too much money being moved around. I just think that would make more sense.

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55TARGENERAL

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Posted on Thu Apr 02, 2009 18:19:40
By LadyMel [608148]
Meth.. I've been stock in The Empty Lunchbox Building Traders stock for almost a hold week and it's been dropping steadily.. I started with 250mil and now I'm down to 176mil.. It's really a major pain because I tried to sell for a whole day when it was up and no one was buying. No one still is buying and it's just dropping when in the real stock market, I should be able to sell my stocks back into the company without a fuss. They buy and sell all the time in the real stock market so why can't it behave the same way on the game. It just doesn't make sense! If they really wanted to make some real improvements, they should allow people on the game with companies the options of putting there company in the stock market instead of making these fake businesses and wondering why they are seeing too much money being moved around. I just think that would make more sense.




I see, the stock is dropin and has been red for a while it also takin a lot, altho it only turn green once, it seem ur money is stuck there.. it won't sell to it raise and it would be type hard for someone to buy a stock that not sellin.. I really don't know if the system it self would raise.. but if it doing poor now it going to drop to 3 colums atm its only 2, after that it should raise on it self..


Edited by: OG_METHOD_MAN_ on 02/04/09 at 6:22:30 PM




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LadyMel

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Posted on Thu Apr 02, 2009 19:16:18
That really stinks! Rich people that play in the stock market behave like we do when it comes to buying and selling. No one wants to stick in a stock market that is falling so they sell to salvage what they have and move on to the next. There is nothing wrong with that theory. What is wrong with this game now is that they are trying to make the stock market more complicated than it is. The stock market is about gambling and being able to move your money around at will. It's about being intuitive about the fluctuations of a business and being able to see a threat and move your money before it becomes a problem. Your money should not be stuck in the market. This is not one of those kinds of investment accounts. If Ched is so worried about losing game money on his end, then he can simply simplify the problem by allowing people that have companies with a certain amount of wealth to be able to put their company on the market so then there will be a large amount of realism in the game vs this nonsense market that he created. Thanks for responding to me Meth. This stock market just makes me want to quit the game and never come back. I know he's doing that so people can buy dps, but I'm just not wit it. I'll never buy another dp again.

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The-ROCK-Pile

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Posted on Tue Apr 07, 2009 03:17:27
Ok I do not care what the stock market does. But it take way to much time to sell anything now its all a bunch of CRAP.

Why even have a stock market CHED when its like this. How can you be this incompetent?

I really dont care I dont use the market other then for the mission now trying to sell the stock LOL its a joke.

You really are a fool!!!


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Posted on Thu Jun 04, 2009 00:36:55
cool:*

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ZanFarr

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Posted on Sat Jun 27, 2009 03:02:15
so does this mean that you can buy shares and sell them in 15 minutes without having the 1% punishment thingy????

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Dooddyman
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Posted on Mon Jun 29, 2009 16:25:54
shame , this way you cant make as much aas berfore , i dont like this update

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Making quality signatures, Cheak out he Graphics forum or mail me in game
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QwE

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Posted on Sat Jul 04, 2009 21:33:09
first post.yes

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sxc-carly-
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Posted on Fri Jul 10, 2009 02:02:37
cool

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Forty
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Posted on Sun Jul 12, 2009 11:34:08
nice !

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Forty
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Posted on Sun Jul 12, 2009 13:49:15
nice shit!

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BALDNUT

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Posted on Thu Jul 16, 2009 01:26:18
Haven't been much of a stock market person but decided to throw some funds in there and see what happens. and the went up $30 from when I bought it so I put my shares on the market and then the stock started to fall and nobody is buying my shares and it continues to fall until i'm losing $3 a share. this is bullshit. never using the stock market again

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InTheStreets
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Posted on Tue Sep 01, 2009 15:04:00
BUMP1

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Gypsy-Rose

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Posted on Sun Jan 31, 2010 00:51:56
This stock market sucks...I have been trying to sell my shares for weeks...I am going to cut my losses and never play the market again,.. unless they do something about this! Ched could probably careless if we stopped playing or buying DPs because he profits from the new players..


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