@Ched Admit you f**ked stocks up. - Page 5 | General Discussio…
@Ched Admit you f**ked stocks up.
  • |X| MrFlatEarth [2049768]MrFlatEarth [2049768]
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    Posted on 22:14:31 - 19/09/21 (28 days ago)
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    Murder_of_Crows [2166726]

    Am I the only one asking why the people who supposedly lost money on EWM (any stock for that matter) why don't you average down?

    Its a new system, so I would expect changes made to it to prevent too much exploitation. It's still possible to make money. But it is also not too crazy for those people who just want to get the Stock Benefit.
    You literally have no understanding of what torn money is. You don't know how to make it. 1.1B lmao. Stocks are a lot harder to make money on now. It's insane.

  • HT RadicalFanatic [1483140]RadicalFanatic [1483140]
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    Posted on 22:18:26 - 19/09/21 (28 days ago)
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    Euphoria [1443076]

    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

    RadicalFanatic [1483140]

    Wow so if you can't get easy free money you quit? You should learn to adapt, this is exactly what torncity needs tbh. The old system printed free money in the billions. I'm glad things changed. Sadly you can't cope with making money if it isn't thrown in your face I guess *shrugs*

    For people such as myself that don't require a free handout this update is awesome.

    Also the USA did just pull out of Afghanistan the need for military equipment/Mercenaries drastically reduced with so many conflicts ending or entering a slower phase. I'm surprised ewm hasn't dropped more, guess ched is concerned about you slightly.

    Also for example the Royal Bank of Canada lost 75% of its value in 1 month during the last recession but has recovered since then, even major corporations experience huge flucations in the real world.

    MrFlatEarth disliked your post
    Euphoria disliked your post

    Poor mnc :/

    Euphoria [1443076]

    I started from f**k all money and grinded to the point I'm at. It's not free money , it's exponential growth over time on money I already made. I could make 2b a month off Caymans if I was so arsed, but I wouldn't expect a poor bitch like you to understand. Enjoy the nerfs while anyone with any skill gets shafted

    RadicalFanatic [1483140]

    Lol expontional growth over time isn't guaranteed in the stock market, seems like mnc invested heavily in the stock market with 0 consideration of the real life stock market, if you kept up to date with real world events, you would know ewm would tank. Try flower running stocks are to complicated for you.

    HerrSchmidt [2069746]

    6 DB'S later we cannot afford travel perks.

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  • ~WP~ HastaLaVistaBby [1608986]HastaLaVistaBby [1608986]
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    Posted on 22:52:59 - 19/09/21 (27 days ago)
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    Stocks 3.0 was supposed to be implemented "based on real-world stocks", so there should be pretty much no way to make extra money from actively trading. (It's down to luck whether you can beat those who get to study the real companies involved.) 

    Don't get the complaints, if anything it sounds like people have made lots of money from actively trading, despite what was promised.
  • PT SporkMonkey [2065017]SporkMonkey [2065017]
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    Posted on 22:53:39 - 19/09/21 (27 days ago)
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    Time to dust this gem off

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    Posted on 22:57:20 - 19/09/21 (27 days ago)
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    Sticky [1318199]

    haha the new stock SALT Inc lol

    nippythefish [2488304]

    SALT Inc. gives 5 karma per week, per level
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    Posted on 22:59:27 - 19/09/21 (27 days ago)
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    KingLion [1477459]

    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
    You are not wrong. Its kind of obvious, and the new stock system gives him even easier ways to manipulate the stocks then before due to the insta sell out option he can mindf**k with people suddenly crashing stocks that is heavily invested into.

    No one with 1-10b will have a shot now at getting up to the 100b ++ players.
  • TuS™ mug [553318]mug [553318]
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    Posted on 23:21:35 - 19/09/21 (27 days ago)
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    DedeSilver [2430598]

    I know ched formula for stonks
    When people buy: time for him to crash tf of it for months
    When people not buy: time for him to jack up the price
    That's it
    This is actually the closest I have seen someone come to cracking the formula :o

    image0.png

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    Posted on 23:24:09 - 19/09/21 (27 days ago)
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    DedeSilver [2430598]

    I know ched formula for stonks
    When people buy: time for him to crash tf of it for months
    When people not buy: time for him to jack up the price
    That's it

    mug [553318]

    This is actually the closest I have seen someone come to cracking the formula :o
    The real formula includes buying DPs right after you buy in so it goes up.
  • [BS] Prophet_Jonasty [1995840]Prophet_Jonasty [1995840]
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    Posted on 00:02:24 - 20/09/21 (27 days ago)
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    My take on stocks…. It’s definitely a nerf but probably a good thing long term….

    I don’t think it was ever Cheds intetinon to pump trillions of $TCD into the economy via stocks…. The nerf is welcomed I think otherwise inflation would kill the game…

    I think stocks has now become more of a buy and hold type of investment vs day trading…which is exactly the same time horizon as the rest of the game…everything is long and slow…

    Dont get me wrong, I made billions off the stock market so I’m bummed there aren’t any absolute steals anymore but Stocks 3.0 is still better than stocks 2.0 and probably still the best way to invest large sums of money… u just don’t make as much as you used to…
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    Posted on 00:14:25 - 20/09/21 (27 days ago)
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    Prophet_Jonasty [1995840]

    My take on stocks…. It’s definitely a nerf but probably a good thing long term….

    I don’t think it was ever Cheds intetinon to pump trillions of $TCD into the economy via stocks…. The nerf is welcomed I think otherwise inflation would kill the game…

    I think stocks has now become more of a buy and hold type of investment vs day trading…which is exactly the same time horizon as the rest of the game…everything is long and slow…

    Dont get me wrong, I made billions off the stock market so I’m bummed there aren’t any absolute steals anymore but Stocks 3.0 is still better than stocks 2.0 and probably still the best way to invest large sums of money… u just don’t make as much as you used to…
    I once had 800mil turn into a ridiculous number like 2bil in 2 weeks(this was along time ago numbers may be off) As much as I miss free money, I do accept the fact that the old stock market was killing the game slowly and needs to go.
  • JUX Wongdai [2125473]Wongdai [2125473]
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    Posted on 00:21:14 - 20/09/21 (27 days ago)
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    Personally I love the new stocks.  I have seen people in faction make lots. 

    It is definitely my best source of income. Modest but I don't invest huge amounts. And I find it fun.

    Just me I guess.
  • |X| COLD [2512039]COLD [2512039]
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    Posted on 00:21:17 - 20/09/21 (27 days ago)
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    keep mad and buy my DP-daddy ched
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    Posted on 00:30:30 - 20/09/21 (27 days ago)
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    Is this an effect distinguishable from heteroscedasticity?
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    Posted on 00:47:43 - 20/09/21 (27 days ago)
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    I'd be surprised if ched even reads this tbh, let alone respond
  • |X| Decisive_Fire [249471]Decisive_Fire [249471]
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    Posted on 01:33:28 - 20/09/21 (27 days ago)
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    Have to say I was shocked at how easy it was to make money at the beginning of stocks 3.0...i remember thinking that it wouldn't last long ...or that it was all part of cheds plan to get us comfortable then f**k us.  

    I do miss being able to day trade and worrying about staying in a stock too long. I kind of understand if there was a change made, but not sure this was the change that needed to be made...or if we are just so used to fast paced transactions that now we have grown impatient...

    In any case I still enjoy stocks 3.0 better than our old system.

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    Posted on 01:56:15 - 20/09/21 (27 days ago)
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    Damn no pinned response, classic

    AMP, buy it, stake it.

    Cardano will be the new Ethereum. 

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    Posted on 02:10:37 - 20/09/21 (27 days ago)
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    marijuana [2400689]

    Damn no pinned response, classic
    Soon...
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    Posted on 02:12:12 - 20/09/21 (27 days ago)
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    Buy DP and win

    Easy as Pie!

    Exhilarating!

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    Posted on 02:22:45 - 20/09/21 (27 days ago)
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    KingLion [1477459]

    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
    Looks to me like Torn stocks are doing a splendid job of imitating the behavior of real-world stocks. 

    You may at times think you know what a particular stock will do next based on past patterns, but this is in fact an illusion. Day trading is a form of gambling, just like IRL. No one ever said a stock that goes down will go back up again. The only thing Ched did say at the introduction of Stocks 3.0 is that a well-diversified portfolio of stocks can be expected to gain approximately 10% per year on average.
  • Ely Yarrow [2668259]Yarrow [2668259]
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    Posted on 02:46:33 - 20/09/21 (27 days ago)
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    Yeah, I was finally getting into stocks, someone f**ked with ewm, and now I can't be assed.
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