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Quintillionaires: The Story of Success

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Todd McCloud
Senator
 
Posts: 4088
Founded: Oct 11, 2006
Left-Leaning College State

Postby Todd McCloud » Wed Apr 02, 2014 8:03 pm

Our success was two-pronged:

- Buy low, sell high
- coordinate these buying and selling periods. At times we crashed the market. This was especially true early on, though became more difficult to do once others caught on. I suspect the formula was tweaked, too.

That's really it. Little bit of luck and familiarizing one's self with the fluctuations helps too.
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Spoder
Negotiator
 
Posts: 7493
Founded: Jul 15, 2013
Ex-Nation

Postby Spoder » Wed Apr 02, 2014 8:08 pm

Todd McCloud wrote:Our success was two-pronged:

- Buy low, sell high
- coordinate these buying and selling periods. At times we crashed the market. This was especially true early on, though became more difficult to do once others caught on. I suspect the formula was tweaked, too.

That's really it. Little bit of luck and familiarizing one's self with the fluctuations helps too.

There was some debate about whether the ByteCoin prices were market-driven or just some dumb random algorithm. I can now confirm that a true market mechanism was always the only acceptable option for ByteCoin, up until about March 31 when I realized how hard that was to code. So it was a dumb random algorithm. Except for Titanfall, which was a plan by some big ByteCoin players to try to crash the market by all selling at once, which I caught wind of and simulated to freak them out. That was fun.


We never crashed the market.
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Todd McCloud
Senator
 
Posts: 4088
Founded: Oct 11, 2006
Left-Leaning College State

Postby Todd McCloud » Wed Apr 02, 2014 8:12 pm

I saw that. But the events from last night had to be an extremely coincidental, perhaps too coincidental for me to believe at this time. We sold, the market dipped. We bought, the market grew. We noticed a change some time early last night.
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"You must be the change you want to see in the world" - Gandhi
"The worst prison would be a closed heart." - Pope John Paul II

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Todd McCloud
Senator
 
Posts: 4088
Founded: Oct 11, 2006
Left-Leaning College State

Postby Todd McCloud » Wed Apr 02, 2014 8:37 pm

Correction: if the algorithm was indeed random, I believe that to be even more impressive since our guesses, especially last night, were spot on. This is unprecedented and... highly unusual. I'd highly recommend many of the TEPers to invest in more predictable trends for real-life monetary gains.
"Your uniform doesn't seem to fit. You're much too alive in it."

"You must be the change you want to see in the world" - Gandhi
"The worst prison would be a closed heart." - Pope John Paul II

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Ao Oni
Spokesperson
 
Posts: 157
Founded: Nov 27, 2012
Ex-Nation

Postby Ao Oni » Wed Apr 02, 2014 8:40 pm

5 coins, but then again I didn't really have much patience to watch the stock market or had enough popularity to have someone donate to me.

That last part sounds like I'm asking for attention, but seriously just recognizing that I'm not popular :p
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Spoder
Negotiator
 
Posts: 7493
Founded: Jul 15, 2013
Ex-Nation

Postby Spoder » Wed Apr 02, 2014 8:41 pm

Ao Oni wrote:5 coins, but then again I didn't really have much patience to watch the stock market or had enough popularity to have someone donate to me.

That last part sounds like I'm asking for attention, but seriously just recognizing that I'm not popular :p

The feeling is mutual.
Legalize gay weed
Time to get aesthetic.
I support insanely high tax rates, do you?

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Hosbiarna
Political Columnist
 
Posts: 4
Founded: Jan 17, 2012
Inoffensive Centrist Democracy

Postby Hosbiarna » Wed Apr 02, 2014 8:45 pm

1,475,774,000,000,000,000
1.48 Quintillion

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Elke and Elba
Minister
 
Posts: 2761
Founded: Aug 24, 2009
Ex-Nation

Postby Elke and Elba » Thu Apr 03, 2014 1:13 am

Lunatic Goofballs wrote:
Slayaskara wrote:Uhh........... :shock: :o :eek:

How did you people get so many bytecoins!?!?!??!?!

I played the stock market for about 5 hours and raised a grand total of around maybe 30 or so bytecoins

o_0


Many used scripts. >:(

But not me. It's a chaotic system. I'm a chaotic system. We understand eachother. :)


Scripting for this would be counterproductive, since it was much easier to play it like the stock market - a simple task that my whole family, who can't understand script language for nuts (including myself), can do.

Say, you aren't a really good trader are you? But you ended top 25! :P

EDIT: So I decided to remember the terms (million, billion, trillion, quadrillion, quintillion, sextillion, septillion, octillion, nonillion, decillion???). I apparently have 12 septillion. Lovely since my birthday is in September. Fun fact: Romans took March as the first month, that's why September, October, November and December, the traditional last few months in the year were actually the seventh, eighth, ninth and ten respectively. Hence the name.
Last edited by Elke and Elba on Thu Apr 03, 2014 1:19 am, edited 1 time in total.
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Beta Test
Minister
 
Posts: 2639
Founded: Jan 06, 2013
Ex-Nation

Postby Beta Test » Thu Apr 03, 2014 2:09 am

9.36 trillion. More than most people, but nothing at all compared to the top.
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Vashta Nerada
Diplomat
 
Posts: 792
Founded: Jul 13, 2010
Ex-Nation

Postby Vashta Nerada » Thu Apr 03, 2014 2:17 am

I bought out at the end of trading. Nicked a fine 132.76 trillion bytecoins. Not much compared to the instant quintillionaries, but hey, how many people can say their a trillionaire? 8)
You don't have to like me, and I certainly don't have to like you.
Also, please refer to me as Vespia. Don't know what I was smoking when I chose "Vashta Nerada".
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Hyfling
Minister
 
Posts: 2478
Founded: May 25, 2013
Ex-Nation

Postby Hyfling » Thu Apr 03, 2014 2:20 am

฿0

:lol:

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Goldfinger
Secretary
 
Posts: 35
Founded: Oct 28, 2011
Compulsory Consumerist State

Postby Goldfinger » Thu Apr 03, 2014 2:33 am

I only played for a couple of minutes, but still ended up with ฿2000... that should cover this months rent! :)

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Nexxus Drako
Envoy
 
Posts: 242
Founded: Jan 15, 2014
Ex-Nation

Postby Nexxus Drako » Thu Apr 03, 2014 3:40 am

None, I deleted ByteCoin thinking it'd fix the forum issues. How wrong I was. :/
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Montpellier
Secretary
 
Posts: 29
Founded: Oct 29, 2011
Ex-Nation

Postby Montpellier » Thu Apr 03, 2014 4:00 am

Just played for 4 hours and gained 1,345.0 Trillion Bytecoin 8)

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Kyuji
Ambassador
 
Posts: 1931
Founded: Dec 31, 2013
Ex-Nation

Postby Kyuji » Thu Apr 03, 2014 6:21 am

28 bytecoins and seven workers
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Wrapper
Retired Moderator
 
Posts: 6020
Founded: Antiquity
Democratic Socialists

Postby Wrapper » Thu Apr 03, 2014 6:56 am

Had eight billionaires in my exchange (no, I didn't seize anything, had an even trillion of my own), including one septillionaire and one octillionaire. Wish the real stock market was this easy. 8)

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Uxtrington
Lobbyist
 
Posts: 11
Founded: Dec 04, 2013
Ex-Nation

Postby Uxtrington » Thu Apr 03, 2014 7:04 am

Wrapper wrote:Had eight billionaires in my exchange (no, I didn't seize anything, had an even trillion of my own), including one septillionaire and one octillionaire. Wish the real stock market was this easy. 8)


Yeah, I saw your exchange. You were top for a while. I think I had a small amount in your exchange, but the rest was in my 2nd nation.

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Destrovia
Diplomat
 
Posts: 755
Founded: Apr 02, 2014
Ex-Nation

Postby Destrovia » Thu Apr 03, 2014 7:06 am

Lunatic Goofballs wrote:
Slayaskara wrote:Uhh........... :shock: :o :eek:

How did you people get so many bytecoins!?!?!??!?!

I played the stock market for about 5 hours and raised a grand total of around maybe 30 or so bytecoins

o_0


Many used scripts. >:(

But not me. It's a chaotic system. I'm a chaotic system. We understand eachother. :)

what a flawed system
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Sierra Lyricalia
Senator
 
Posts: 4343
Founded: Nov 29, 2008
Left-wing Utopia

Postby Sierra Lyricalia » Thu Apr 03, 2014 7:32 am

After getting hosed from the number one spot on day one when I tried to sell high at a 7-second plateau of like ~4000, but the trade went through right after the price fell instantly to less than 1 :evil: :blink: :mad: :blink: :mad: I stayed the hell away for most of day 2. Then near the end I started back in and wound up with 1.88 quadrillion.

The best part?

I got Issue 283 this morning (Wealthy Flee to Tax-free Havens) :lol2:
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Rostogovia
Ambassador
 
Posts: 1188
Founded: Nov 28, 2013
Ex-Nation

Postby Rostogovia » Thu Apr 03, 2014 5:43 pm

32 :(
Last edited by Rostogovia on Thu Apr 03, 2014 5:43 pm, edited 1 time in total.
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