@Ched Admit you f**ked stocks up. | General Discussion | TORN
@Ched Admit you f**ked stocks up.
  • |X| KingLion [1477459]KingLion [1477459]
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    Thread created on 14:52:01 - 19/09/21 (28 days ago)
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    Last replied 08:53:20 - 04/10/21 (13 days ago)
    Hi Torn,

    Let's be real here for a moment. Stocks have clearly been tempered with and manipulated. I believe this all started a few months ago when SYM started being reliable for a little bit and ticking the same exact tick up and down. This meant quite a lot of people made risk free money and ched and bogie was made aware of this and they instantly when they come online switched the stock off to make it go back to behaving in a normal erratic pattern. This issue is I believe that ched was so angry this happened that they then proceeded to crash stocks to new all times low to get people stuck (e.g: BAG EWM etc) and more importantly reduce the volatility of stocks. I want to know honestly is there anyone who has been doing stocks since 3.0 was released that doesn't think the stock market has clearly very drastically changed in the last few months to be less volatile? Never before SYM would I wake up to stocks being the same price for weeks on end. I have not yet talked to a single person who heavily invests in stocks who has not noticed the change, and I have asked many many people about this. It's pretty blatantly obvious.

    If there's anyone who is making big money out here in the new changed stock system just comment below i'm curious if there is anyone who is unaffected/hasn't noticed the difference.

    I know a lot of people reading this are burning up thinking "stock people have made enough money" "stocks were f**king broken im glad they are removed" "if i didn't invest i felt left out, rich get richer" etc etc. This thread is NOT for the argument of whether what he did was right or wrong. I am not here right now to complain about how stocks being f**ked affects our growth as the money making potential is close to non-existent. Yes I believe stocks are a vital part of keeping people entertained on this game, and if ched feels like people's growth needs to be slowed down so taking stocks out of the game as a viable strategy in making money is the answer then so be it. This thread is more for the admin/developer of this game to grow a pair of balls and admit he f**ked with it and give us his reasoning behind it and whether he feels like it is necessary only temporarily or whether this is how stocks will be now permanently.

    @Ched Admit you f**ked stocks up.

    Thanks,
    KingLion
    Last edited by KingLion on 22:47:41 - 19/09/21

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  • |X| Euphoria [1443076]Euphoria [1443076]
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    Posted on 14:56:13 - 19/09/21 (28 days ago)
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    Ya ewm dropped 10% and since then now stocks move at snails pace

    I'll be using my defense book and probably quitting the game in 2 months if stocks do not show significant signs of movement and profitability .

    Otherwise I'd make more passively renting f**king PIs, which is boring and shit and will never allow me to catch the top elite players who already have had years of making money and SEing when I was not active.

    Sincerely,
    Someone who will cancel their subscription,
    Euphoria

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  • AP Bilbosaggings [2323763]Bilbosaggings [2323763]
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    Posted on 14:57:34 - 19/09/21 (28 days ago)
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    Dunno seems to be working well for me

    "Sorry! I don't want any adventures, thank you. Not Today. Good morning! But please come to tea -any time you like! Why not tomorrow? Good bye!"

    I Sell Custom Spreadsheets PM me for details 

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  • CR Proxima [1879587]Proxima [1879587]
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    Posted on 14:57:54 - 19/09/21 (28 days ago)
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    Yeah, I do think that since SYM things have been changed drastically. Both personally and talking to stock regulars, since that one day everyone is reporting significantly different experiences with the stock market. 

    I'm still willing to give the benefit of the doubt that the two 10% crashes and subsequent two 3-4% crashes that I fell into since that time are bad luck/coincidence - these stocks were always said to be able to "crash significantly", it's not unreasonable that after some good luck (which I had, for the first few months) I'd run into some bad. There are been some stocks that have risen quite a fair bit in that time frame too, but of course players are much less likely to notice those or care about them, as even if you owned shares you're likely to have sold off before the end of the rise.

    In terms of short term volatility, or any sort of predictability, I'd say that's just about been wiped out.
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  • WC TheUltimateSalt [2171375]TheUltimateSalt [2171375]
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    Posted on 14:58:01 - 19/09/21 (28 days ago)
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  • |X| Bullzeye [922212]Bullzeye [922212]
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    Posted on 15:03:56 - 19/09/21 (28 days ago)
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    feels like about a month ago the stocks were tampered with to be less volatile

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  • |X| MIKK [1771931]MIKK [1771931]
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    Posted on 15:09:48 - 19/09/21 (28 days ago)
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    The lucky ones got their 100's of billions, now they nerfed this shit to the ground.
    This really now is farmville and chat simulator.

    Cant wait for more exciting nerfs!
  • I.R. dunmugmeh [538353]dunmugmeh [538353]
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    Posted on 15:15:09 - 19/09/21 (28 days ago)
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    To be honest i have never been into stonkz that much. I do have a modest stonkz investment portfolio. I bought many of my stonkz recently ie within the last couple of weeks.

    All my stonkz are up apart from 1.

    Stonkz trading is a thing to do but i dont think its viable to be a day trader.

    Stonkz are something to buy and then look at days/ a week or 2 later if you are buying them to sell on for profit.

    As always its NEVER a good idea to put all your eggs in one basket ie 1 stonkz.

    When i looked at my modest portfolio now they really are all up apart from 1 or 2. But i bought most of them a week ago some of them longer ago than that.

    There is LOTS of play money being generated right now by stonkz 3.0. Just dont put all your eggs in 1 basket.

    Forum signatures make my eyes hurt so i have turned them off.

    My tornography

    https://www.torn.com/newspaper.php#!/articles/285 

  • |X| realistassasin [1598729]realistassasin [1598729]
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    Posted on 15:16:19 - 19/09/21 (28 days ago)
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    The funny thing is... that this has nerfed EVERYONE. And I am not sure what the purpose is, the first month was okay in 3.0 imo. The couple months after were pretty good then slowly was getting nerfed HARD. There were certain stocks which didn't even recover from crashing... several. Not to mention when *that* SYM day happened where it was possible to make 3%, there was that HUGE BAG crash just soon after iirc? So totally getting rid of volatility + trends really makes sense. It has ruined stocks entirely.

    I think Ched's biggest reason for this was to counter exponential growth e.g. look at PT's stocks fund. Its 5.5T right now and if we double that within 4 months thats 11T, double again 4 months and thats 22T.... and so on. Can look at how much of a problem that is long term. To balance out the system, we should do a 500b purchase limit per player, per stock so its a fixed number and enough to give freedom to invest.

    To end things off... stocks 3.0 seriously was a chance for younger and hyper actives to catch upto the veterans as well as the top + younger growing players to finally prove that you dont need to play Torn for 5-10yrs+ to break into the top 15 Battle stats. Not sure why the reason of the nerf was done, but hope this sends a clear message it needs revamping.
    Last edited by realistassasin on 15:26:21 - 19/09/21

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  • |X| Nova [1570883]Nova [1570883]
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    Posted on 15:21:04 - 19/09/21 (28 days ago)
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  • Bird AleksandrWolf [2259658]AleksandrWolf [2259658]
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    Posted on 15:24:50 - 19/09/21 (28 days ago)
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    Ngl. It has been pretty boring without being able to play stocks.
  • JFK™ Sky [380980]Sky [380980]
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    Posted on 15:24:53 - 19/09/21 (28 days ago)
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    Proxima [1879587]

    Yeah, I do think that since SYM things have been changed drastically. Both personally and talking to stock regulars, since that one day everyone is reporting significantly different experiences with the stock market.

    I'm still willing to give the benefit of the doubt that the two 10% crashes and subsequent two 3-4% crashes that I fell into since that time are bad luck/coincidence - these stocks were always said to be able to "crash significantly", it's not unreasonable that after some good luck (which I had, for the first few months) I'd run into some bad. There are been some stocks that have risen quite a fair bit in that time frame too, but of course players are much less likely to notice those or care about them, as even if you owned shares you're likely to have sold off before the end of the rise.

    In terms of short term volatility, or any sort of predictability, I'd say that's just about been wiped out.
    Good points

    It's so blatantly obvious that the volatility of the graph was "smoothed" out. If we do a 6 month lookback on them all, they all smooth out at the exact same spot. But isn't this what we expected with the new system? Ched implemented it, watched it closely, didn't like the gains and wanted to control for economic growth and potential inflation, so he changed the parameters. averaged the peaks, while keeping the overall trends untouched.

    It's frustrating to go from great gains to no gains though... There needs to be a happy middle, hopefully he see's it and adjusts it. Buffs and nerfs until we get to a happy middle... Is it better to err on the side of excess growth or stagnation? IDK *shrug*

  • TWGW oneSAT [1941490]oneSAT [1941490]
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    Posted on 15:26:15 - 19/09/21 (28 days ago)
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    i luv u
    Last edited by oneSAT on 04:15:32 - 15/10/21

  • PT Link- [2411345]Link- [2411345]
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    Posted on 15:27:28 - 19/09/21 (28 days ago)
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    A must post since its another stocks thread

  • NS Roxy [2308983]Roxy [2308983]
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    Posted on 15:27:45 - 19/09/21 (28 days ago)
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    How else can ched pressure users to rely on dp for networth?! 

  • |X| REDROCKETREV [2155045]REDROCKETREV [2155045]
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    Posted on 15:32:07 - 19/09/21 (28 days ago)
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    What is the actual point of having stocks if they don't do anything? Making money is hard enough when you have to fit your life around it and cannot fly all the time.. 

    "Torn, be who you want to be, play how you want to play"

    Can't play shit if it doesn't work, the economy in this game is already f**ked up and now trying to do whatever the hell this is.. What the hell are new plays supposed to do? You need money to make money but there is less ways to make money now

    Put it back or give us something else to make money off!

    Don't make the game pay 2 win because staff will loose out more than the players will when he can't afford to keep the servers running
    Last edited by REDROCKETREV on 11:23:50 - 20/09/21

  • PT Retalligator [1987262]Retalligator [1987262]
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    Posted on 15:34:35 - 19/09/21 (28 days ago)
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    Ched's gonna Ched. Are you surprised? At least we made some money for a little while.
  • HBM Ruthless [2489935]Ruthless [2489935]
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    Posted on 15:35:36 - 19/09/21 (28 days ago)
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    "Loyalty and respect goes both ways. If they don't return it they don't deserve it" 

                 

     

     

  • PT MrBlackOut [2549778]MrBlackOut [2549778]
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    Posted on 15:36:10 - 19/09/21 (28 days ago)
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    " ThE PrIcE moVeMeNts arE bAsEd On rEAl-wOrlD sTocKs iN tHE sAmE InDuStRieS aS TOrn'S "
  • NOOB Aezur [1950769]Aezur [1950769]
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    Posted on 15:43:20 - 19/09/21 (28 days ago)
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    Wait... what? WHAT!? No one told me I could LOSE money on the stocks.

    f**k Ched.
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