Aren't the stocks supposed to be linked to real life stocks? 😅

Working as intended

This is why I keep saying Ched needs to put stock market 2.0 under casino 3.0. It's all RNG, no returns on RL actions. There's no supply to indicate demand. When you have endless stocks that can be bought, there is no reason for the price to do anything but stay stable or decline.

Some of Ched's changes are annoying, but this one to stocks was flat out stupid.

Send me ~300b and I’ll gladly give you a third opinion.

Thor invested money there too!

I’ve heard a couple of people come up with this theory. It’s as if the overall market cap (price * shares owned by players) tries to remain almost constant... 

perhaps it’s aggregate market caps that are supposed to see +10% annual growth 🤔

I always assumed it was the aggregate market cap that was supposed to show +10% on average (no inside knowledge, just was my personal assumption from the announcement). 

What I didn't assume was that on top of a 0.1% fee (which makes this complete casino negative EV as it is), there would be a "f**k you" charge to investments that are even remotely large.

This is probably true, in the very short term.
It hasn't been around long enough to see long term effects.

But seriously, I have done maybe like 8-14 investments so far around that 7-10b investment range, and 1 bigger investment. Every time, the price has gone down almost immediately after. Now, some of them seem to recover to breakeven point within a few days. But, some of them don't and stay under buy in price. And, of course, some go up about breakeven and back down and back up and all around. So yeah I can't make any sense of any of it all yet, except that price definitely goes down pretty much immediately after a larger buy in.

It really is more of a casino game at this point. BUT, at least we don't lose everything on an L like with other casino games. AND, we have potential to gain some smaller amounts (compared to before). I don't think anyone is going to be flipping 300b investments for 50b profit in this system, but I don't know. One could potentially flip a 300b over and over and over again and potentially earn that 50b, but would take some massive luck and lots of daily or weekly trading activity. I guess we'll see what those with super high investments amounts conclude after some time.  (I don't include myself in that as much, because I tend to stick to the 10b-50b range in most cases, not the 100b+ stuff.)

From what I have seen in the few weeks of the system so far, it seems to be smarter play, if investing a big dollar amount for the purpose of resale for profit, to invest into something with an active benefit that scales with the investment. Seems like a pretty horrible idea to go heavy into one of the passive stock benefits that don't provide further benefit for higher investment. At least, with the active benefits, you can gain a little extra in dividends, if you decide to hold the stock while it is at a loss in the portfolio.

The motivation. Just sayin'.

I've been seeing decent turn around in a 15 to 50 hour window.

It’s like MSG all over again :’(

Let's keep crashing it til It's $10 a share.

Can you please cash out and see if CNC goes back up? For Science <3

Let me be clear, if I had any cash left I'd dump it all in CNC to spite every single person here

Can the PT guys pls get in here with there finding on investing 500b+ into stocks

You basically invested in a RL oil index.

How do you think that's gonna do, both short and long term?

Looks like you invested at the RL top.

If it is indeed that simple I'm looking forward to seeing you at $1T in the next year or so? :)


Also cool irrelevant comment to the topic at hand!