I think it would add to the economy if we could have the option to create a company, incorporate it, and have others be able to invest through stocks. This is some what along those lines: http://dev.bukkit.org/bukkit-plugins/stock_market/ There could be a price for incorporating the company and a small monthly fee to have your stocks listed on the market.
That's where the problem lies, stocks are NOT random. Stock markets are such a big thing irl because people can invest in things they think will make money, the "events" irl are never random, they always happen for a reason. Making random stocks would make it just a gambling game, like lottery.
Perhaps, we could take real life stocks and incorporate it into the stock plugin. And the stock market would close when it does in real life. Is there a possible way to link these two together?
kukelekuuk00 is there a way to remove the random event generator from the code without it causing the rest to not work?
kukelekuuk00 my brother, craziestmonkey, does computer programming as his career He said he would be willing to look at the code of the plugin and see if we could do the suggestion I stated above ^
That's fine and all, but we don't have the real life problems/events that cause stocks to raise or drop. it would also add too much complexity to the gameplay, more than half of our userbase is < 20 years old. They usually don't understand stocks.
We have some things such as market slump, market flooding there fore prices drop of those items. Example the nether star price drop. Those are real life occurrences. As for the young people... they don't have to particioate and if they do they will learn about stocks and investing. I would be willing to write an in depth guide for the server if we did.
Having an ECC stock market that mimics the real stock market seems to the solve the problem of how to make one. As for most of the player's being young and not understanding that is a slight problem. Like sirsolo said above, they don't have to use the stock market. I've been thinking about investing in the stock market in real life soon, so this would be a great way to get into the swing of things without losing any real money. Yes I'm only 12 years old, but for those with an understanding about stocks, this would be an amazing idea. It also helps kids to understand the stock market which is good for real life skills, ect, more users joining the server. It doesn't sound too hard to pull off, so I'm all for it.
kukelekuuk00 1. "You can customize the plugin so in general players will lose money, but the smart ones will come out making moneyYou can customize it so in general the stocks price stay about the same, with max and min prices so players cannot profit much from it" As stated on the website, the plugin does not randomly generate events as you think. the stocks are determined by the server, the plugin fulfills the action with events. 2. "it would also add too much complexity to the gameplay, more than half of our userbase is < 20 years old" Users are not obligated to participate and many users on here (including myself) know much about the economy and probably have goals to have a career in that field area (like Jason1964) and might know how stocks work + this is a hardcore server the more complex the better 3."That's fine and all, but we don't have the real life problems/events that cause stocks to raise or drop." SirSolo11 just explained it
Best idea I have ever heard for ecc! If this was incorperated, I might start playing more, like I used to!
Whoops. Sorry. Didn't know it was that old. Did I break a rule or something? If so I never meant to be rude or break the rules so I apologize Nicholas R. Barrow @imtheking444 President of Delaxia
You're definitely looking at an ultra mega perma-ban right now. I suggest you pack your stuff and hit the run before tha feds getchoo.
As a stock market user myself, I would love to implement this idea into ECC. With all the great coders and programmers on this server, it shouldn't or wouldn't be that hard to make the plugin just right for ECC. I realize that many kids play on this server and that they can barely grasp the understanding over supply and demand, but there are people who have a passion for this work field and would like to practice if I should say. Although to most the stock market is boring because it should only be used for long term investments and not short terms investments like houses. (That's what star tools are for) To improve this problem, ECC should speed up the process of rising and declining share prices. Another problem such as having too much money could overflow the market. People such as @averagejoe2012 would be able to buy all of the declining stocks and then wait a week or two for them to rise back up and make a fortune. People will too little of money would object to this just as much as people without kits object to SG. Rules would have to be implemented such as only being able to buy and sell a maximum amount of shares/stocks per day to limit the overflow of money.