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Biolaja Tista
Gallente Garoun Investment Bank
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Posted - 2008.01.05 20:51:00 -
[1]
EVE seriously needs to have a fully functional stock market. Even the disgustingly cute and browser-based Neopets has this basic functionality.
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Andrue
Amarr
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Posted - 2008.01.05 20:59:00 -
[2]
Originally by: Biolaja Tista EVE seriously needs to have a fully functional stock market. Even the disgustingly cute and browser-based Neopets has this basic functionality.
Unfortunately it's too difficult to implement and enforce consequences in this game. Ths renders any stock market open to scams and meaningless. In effect it only works for as long as the participants choose to 'play nice'. -- (Battle hardened industrialist)
[Brackley, UK]
My budgie can say "ploppy bottom". You have been warned. |

Matalino
Gallente Ki Tech Industries
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Posted - 2008.01.05 21:29:00 -
[3]
Originally by: Andrue
Originally by: Biolaja Tista EVE seriously needs to have a fully functional stock market. Even the disgustingly cute and browser-based Neopets has this basic functionality.
Unfortunately it's too difficult to implement and enforce consequences in this game. Ths renders any stock market open to scams and meaningless. In effect it only works for as long as the participants choose to 'play nice'.
All we need is a secure way of exchanging stocks.
There are already two established out-of-game stock markets. So there is certainly demand for the feature.
Easiest way that I can think of to impliment this feature is to add a stock trading tab to the existing corp Show Info window.
People could use such a tab to buy and sell shares in specific corps of interest.
I agree that it is impractical to establish the marketing portion of a stock market in-game, but they could atleast give us the trading portion of a stock market.
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Drake Dracoli
Incarnation of Evil
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Posted - 2008.01.05 21:30:00 -
[4]
Neopets's stocks are not player backed, the flucations in the prices there are artificial. Stocks in EVE are pretty much backed by other people's word, so you're rarely to going to sell stock to anyone else but close associates or friends.
I made a ton of Neopoints off the stock market and my store when I was 12 though! :P ------ \o/ Raise thy weapons on this day Ye shall not die alone Fight and die; let valkyries fly For they shall take thee home! |

Biolaja Tista
Gallente Garoun Investment Bank
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Posted - 2008.01.05 21:30:00 -
[5]
Edited by: Biolaja Tista on 05/01/2008 21:34:53 Edited by: Biolaja Tista on 05/01/2008 21:34:24 Edited by: Biolaja Tista on 05/01/2008 21:32:32 How can you steal stocks? You buy a stock, wait for the price to change, and then sell it. It so simple you can't possibly scam it.
http://en.wikipedia.org/wiki/Stock_market
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Iracham
Gallente
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Posted - 2008.01.05 21:49:00 -
[6]
Originally by: Biolaja Tista Edited by: Biolaja Tista on 05/01/2008 21:37:30
How can you scam the market? You buy a stock, wait for the price to change, and then sell it. It so simple you can't possibly scam it.
http://en.wikipedia.org/wiki/Stock_market
  
Two words: Insider Trading.
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Annaphera
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Posted - 2008.01.05 22:10:00 -
[7]
Originally by: Iracham
Originally by: Biolaja Tista Edited by: Biolaja Tista on 05/01/2008 21:37:30
How can you scam the market? You buy a stock, wait for the price to change, and then sell it. It so simple you can't possibly scam it.
http://en.wikipedia.org/wiki/Stock_market
  
Two words: Insider Trading.
You're missing a point, here. If the stock market is entirely player based, most insider trading scams a) will work once or twice only, b) will be very low-profit, and c) open the corp up to possible take-over. Sure, you can sell back and forth to members of your own corp to drive the apparent price up, but you're not gaining anything that way. Someone else MUST buy into the scam. Might happen once, but most people aren't stupid enough to grab for a PC corp on no news EXCEPT that it seems to be going up fast, so you won't net much. Worse, what if it does work and the shares don't get sold back to you at the end? Suddenly, someone else has shares in your corp! All CCP has to do is make the rule "he who owns the most shares is pres," and scammers would have to be VERY careful. Personally, I think it would be interesting to have a market based on the NPC corps, with shares getting some "outside" artificial influence based on the number of missions being run for the corp and the general success rate of missions. Bump it every once in a while based on the news items they already do, and away you go. Could look very much like the real market.
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Estephania
Independent Political Analysts
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Posted - 2008.01.05 22:28:00 -
[8]
Edited by: Estephania on 05/01/2008 22:31:54 Nice idea, but will be immensely hard to implement. Based on what criteria corp earnings should be evaluated? How can we know something about corp business field, management, business strategy, potential? Will it be player driven or if it's NPC corps it will be driven by storyline events (and lose all appeal in that case)? How can we enforce everyone playing nice in Eve world of no consequences and nameless alts? I don't see it working in a foreseeable future.
P.S. actually something that might work is the commodities futures market, not the stock market
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Matalino
Gallente Ki Tech Industries
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Posted - 2008.01.05 22:30:00 -
[9]
Originally by: Annaphera You're missing a point, here. If the stock market is entirely player based, most insider trading scams a) will work once or twice only, b) will be very low-profit, and c) open the corp up to possible take-over. Sure, you can sell back and forth to members of your own corp to drive the apparent price up, but you're not gaining anything that way. Someone else MUST buy into the scam. Might happen once, but most people aren't stupid enough to grab for a PC corp on no news EXCEPT that it seems to be going up fast, so you won't net much. Worse, what if it does work and the shares don't get sold back to you at the end? Suddenly, someone else has shares in your corp! All CCP has to do is make the rule "he who owns the most shares is pres," and scammers would have to be VERY careful. Personally, I think it would be interesting to have a market based on the NPC corps, with shares getting some "outside" artificial influence based on the number of missions being run for the corp and the general success rate of missions. Bump it every once in a while based on the news items they already do, and away you go. Could look very much like the real market.
You need to spend more time in the MD forum before commenting on the viability of stock scams.
Nothing that you have listed is even a remote concern or limitation for someone who wishes to run a scam through stock sales.
The two most recents scams that I can think of each netted over 40 billion ISK. I suppose that is "very low-profit" to some people, but most would be happy with that kind of profit.
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F'nog
Amarr Celestial Horizon Corp.
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Posted - 2008.01.06 00:08:00 -
[10]
Originally by: Matalino
Originally by: Annaphera You're missing a point, here. If the stock market is entirely player based, most insider trading scams a) will work once or twice only, b) will be very low-profit, and c) open the corp up to possible take-over. Sure, you can sell back and forth to members of your own corp to drive the apparent price up, but you're not gaining anything that way. Someone else MUST buy into the scam. Might happen once, but most people aren't stupid enough to grab for a PC corp on no news EXCEPT that it seems to be going up fast, so you won't net much. Worse, what if it does work and the shares don't get sold back to you at the end? Suddenly, someone else has shares in your corp! All CCP has to do is make the rule "he who owns the most shares is pres," and scammers would have to be VERY careful. Personally, I think it would be interesting to have a market based on the NPC corps, with shares getting some "outside" artificial influence based on the number of missions being run for the corp and the general success rate of missions. Bump it every once in a while based on the news items they already do, and away you go. Could look very much like the real market.
You need to spend more time in the MD forum before commenting on the viability of stock scams.
Nothing that you have listed is even a remote concern or limitation for someone who wishes to run a scam through stock sales.
The two most recents scams that I can think of each netted over 40 billion ISK. I suppose that is "very low-profit" to some people, but most would be happy with that kind of profit.
Or he can check out the real world, where the same stock scams are done over and over again for huge profits. This wouldn't be limited to Eve.
Originally by: Kazuma Saruwatari
F'nog for Amarr Emperor. Nuff said
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Biolaja Tista
Gallente Garoun Investment Bank
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Posted - 2008.01.06 00:11:00 -
[11]
If I might be a Baatezu's advocate, the system used in Neopets seems very appropriate, considering its simplicity. 
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