Stock Market Watch

[Polotskev]

Set points where you buy/sell 50-75% then you still have 25% to make a big pay off at large spikes.

[Elke and Elba]

I return to find someone sitting at over one nonillion bytecoins. When someone's tally starts displaying in scientific notation, I think that's the server trying to send them a message.

It probably goes to show that having big spikes and slips are somewhat terribly non-realistic.

*is annoyed with the server/algorithm since he is rather sleepy but wants to cash out*

[Arumdaum]

I sold all my BC at 1.6k earlier hoping to wake up finding the prices at like 100 or 70 or something...

but it was fucking 21k

ughh

[Rikatan]

1. Move to TEP
2. Insta-citizenship application
3. Trade in TEPxchange
4. Meet some of the peeps
5. ????
6. Secure leaderboard status

I'd lose all my endorsements.

[Sebytania]

Don't tell me it's going to hover in the 15-20k region. Sold at 5k.

I learned the hard way to not put all of your eggs in one basket. I sold a third of currency when it was around 5K in the event that it might go further. Practice not going all in all the time.

I usually sell in portions, but doing that a few times in a row tends to result in a "screw this, it's gonna crash anyway" type reaction sooner or later. I guess patience is something I need to learn.

[Rikatan]

It probably goes to show that having big spikes and slips are somewhat terribly non-realistic.

You're on NS. Honestly, did you expect anything else?

[Rithian]

1. Move to TEP
2. Insta-citizenship application
3. Trade in TEPxchange
4. Meet some of the peeps
5. ????
6. Secure leaderboard status

1. Ask Rithian Nicely
2. Acquire Leaderboard Status
3. Avoid moving to TEP

[Rikatan]

YES! How did that happen, I don't know, but my thanks to everything.
Maybe even Margaret.

[Robotic City]

Too bad that there is infinite amount of ByteCoins.

[Seperate Vermont]

I sold all my BC at 1.6k earlier hoping to wake up finding the prices at like 100 or 70 or something...

but it was fucking 21k

ughh

It's in the hundreds now.

[Seperate Vermont]

Too bad that there is infinite amount of ByteCoins.

Heh, or even if the market payed $1 for every trillion, they'd still bankrupt the world economy.

[Rikatan]

The chorus, the build-up and the drop.

[Star Dummvirate]

I think I just crashed the market. On accident.

I had a bunch of bytecoins from last night, when they were 20, built up. And I sold them.

Oh well. At least I made bytecoins.

[Elke and Elba]

The game is ruined. We have people getting funded from TEP entering the leaderboard.

Like seriously?

[Rikatan]

I think I just crashed the market. On accident.

I had a bunch of bytecoins from last night, when they were 20, built up. And I sold them.

Oh well. At least I made bytecoins.

How many coins, again?

[Rithian]

I think I just crashed the market. On accident.

I had a bunch of bytecoins from last night, when they were 20, built up. And I sold them.

Oh well. At least I made bytecoins.

I'm thinking more and more that players have 0 control over the market.

[British Grand Pacific]

This crash has been brought to you by the letters T, E, P and the number 1.

[Allea]

Woot! Finally #20 for wealthiest, I actually got on the list. Sold mine at 16k, 19k, 14k, 12k, then bought at 256. I'm now officially satisfied

[Eastern Equestria]

Buy! Buy! Buy!

[British Grand Pacific]

Woot! Finally #20 for wealthiest, I actually got on the list. Sold mine at 16k, 19k, 14k, 12k, then bought at 256. I'm now officially satisfied

You're welcome. Now transfer to my exchange lol.

[Xoriet]

This crash has been brought to you by the letters T, E, P and the number 1.

Indeed.

[Rikatan]

The game is ruined. We have people getting funded from TEP entering the leaderboard.

Like seriously?

Wait........ okay, I'm going to TEP.

[Elke and Elba]

This crash has been brought to you by the letters T, E, P and the number 1.

If that was the case, thanks. *ignores stuff TEP were doing *

I can finally go to sleep! ^_^

[Kinitaria]

I return to find someone sitting at over one nonillion bytecoins. When someone's tally starts displaying in scientific notation, I think that's the server trying to send them a message.

It probably goes to show that having big spikes and slips are somewhat terribly non-realistic.

*is annoyed with the server/algorithm since he is rather sleepy but wants to cash out*

It's not unrealistic as such, because real cryptocurrencies have been horribly unstable. The issue is that, with real cryptocurrencies, there's only a certain amount of coin that's allowed to exist (bitcoin has an upper limit of 21 million exactly, I believe). It's mined in a random but predictable rate, in that after a certain point in time, all 21 million coins will have been mined and to trade will require a buyer and a seller. The system used in this simulation allows for an arbitrary exponential generation of coins, which is how I just multiplied my holdings 60-fold in ten minutes.

What we're seeing here is comparable more to Zimbabwe than to cryptocurrencies. Rather than controlling the amount of money available, more and more gets 'printed' to meet demand, then people are left holding quintillions of relatively worthless bytecoins.

[Bachtendekuppen]

This crash has been brought to you by the letters T, E, P and the number 1.

Indeed.

Don't mention it. Sponsored by Puffin Inc.