?

Do you want a Stock Market for EcoCityCraft?

  1. No, I don't want to have a stock market here

    3 vote(s)
    23.1%
  2. This is a good idea

    10 vote(s)
    76.9%
  1. JazzBeam Builder
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    There is not other way to lose the money. The investor has to take a risk when investing. To reduce the risk, he or she invests in an organization! Yay!
    The investor can lose money buy: the mayor dies in real life, mayor is inactive if sick,
     
  2. RealNick123 Builder
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    edited
     
    #22 RealNick123, Sep 17, 2013
    Last edited: Sep 17, 2013
  3. RealNick123 Builder
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    Okay, if you actually read my post, you will know that I used those "cheesy names" as examples. Since you are 12 years old, you should actually read my post because then you would know that I never stated directly that a stock market idea is bad, or that it is too complicated. What I said was that A stock market in ECC is to complex to run in such a closed ended game. After all, there is only so many ways to make money on this server. Also, it is not that investors wont be happy, it will be that there is a lot of possibility for scamming, whether that be on your part or the companies part.
    In my previous post I did not refer to your idea being complex at all! I referred to the RL stock market to be complex, and because ECC is not a complex enough, or open game enough to support such a complex system it will not work. Btw, that essay was constructive feedback, you should learn to take feedback no matter how long. Stop complaining about my essay, or eventually no one will post feedback if you shoot them down about length. Another reason why it will not work is because there is not enough active long running successful companies to fill the ECC stock market. Again, if you read my post you will know that I do know a solution to this proposal that will actually work, but like I said, I am not willing to share it.
     
    #23 RealNick123, Sep 17, 2013
    Last edited: Sep 17, 2013
  4. Emau Anti-PVP Miner
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    All quotes are directly taken from JazzBeam's posts on another thread or this one.

    JazzBeam vs JazzBeam round 1:

    My two thoughts. I do not think you will find 20 towns to go in on one organization. You might get lucky and get 2-3. But even that will be rare. Too much opportunity for one person to feel cheated and too small of a pool of possible candidates.

    My quote from this thread: is there any way an investor can lose money if they buy the shares directly from the mayor?

    Winner: JazzBeam.
     
    #24 Emau, Sep 17, 2013
    Last edited: Sep 17, 2013
  5. JazzBeam Builder
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    why are you not willing to share it?
     
  6. JazzBeam Builder
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    lol
     
  7. RealNick123 Builder
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    Because then it will become worthless
     
  8. JazzBeam Builder
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    how will it become worthless if you tell me the solution?
     
  9. RealNick123 Builder
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    Every one will do it and there fore become a common used idea. A common used idea on ECC that is based off player interaction will slowly become worthless as more people do it, and more competition ... I can gain much more if I only share it to certain people. That is a simple ECC economic rule.
     
  10. JazzBeam Builder
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    so you are going to run a profiting stock exchange service?
     
  11. RealNick123 Builder
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    Most likely not, but if I keep it a secret I can sell the info, when the right buyer comes around.
     
    #31 RealNick123, Sep 20, 2013
    Last edited: Sep 20, 2013
  12. JazzBeam Builder
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    thanks for helping me understand what ECC is. :
    an economy that isn't a true economy. In real life economy, there are no secrets to becoming a super billionaire. In ECC, there are secrets and tricks to becoming a rich player. And the only reason why most players are not rich because the rich players don't tell their method. That isn't very impressive to me. Also, there are some people here who won't tell their business ideas just because they don't want to face competition when another player knows their idea. Thats stupid because everybody will know the idea when it is released to the ECC public to earn money anyways.

    But still, its a game and it is still fun to play.
     
  13. RealNick123 Builder
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    In the real life economy there are some secrets, but the main thing I would say that is keeping people back is fear/motivation. Not the lack of capital, trust me, any one can get capital, even with out a good credit score, you just need to know what you are doing. Oh, and in reality, the "secrets" are not really secrets because any that thinks about it for a while will figure it out.
     
  14. JazzBeam Builder
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    i know dat.
     
  15. BlueNinjaMC Builder
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