Dec 21st, 2017, 08:20 PM
I want to give feedback on this idea, but before I say anything about this I want to say I can be wrong and that I'm not a stock market genius, what will follow is my opinion.
I am against the idea of "this" particular stock market.
This stock market is completely based off of your server balance and that's pretty much my biggest reason why I am against it. Stock is usually based on something and it's usually based off things people want/value. Sometimes it's based off the success of a company sometimes it's based of gold, silver or something that is rare or has value to people. In any case it's based off what people value it to be. For people who buy shares that don't grant dividends the only way for them to make money is for other people to buy stalk for no reason other than you being rich(not including preferred stock). No one is going to buy common stock (or at least shouldn't because it's not a good idea) because the only thing they'd be buying is part ownership of your balance that they can't touch unless it grows. It's kinda a circular logic.
As for preferred stock there seems to be some intensive because you will make money off the dividends but because you (as a kinda figure or empty company) that only makes money buy selling itself is like inflating a balloon that will pop after awhile. No new stocks sold makes it a pyramids scheme. Eventually your stock market will fail and this is probably why Silas has in the past blocked these. It essentially is pyramid scheme that will only support people on the top until it collapses.
Another reason this idea is not viable as a stable stock market is because your balance determines the value of your stock. If you spend any money at all or happen to go broke for some reason or get fined by the guard/mods/admin/owner your stock prices will decrease. Peoples trust in you will fall causing them to sell and further decrease the value of your stock.
The only way this can work to some degree is if you don't touch your own balance and you add money to your own balance by a considerable amount. Otherwise this can be seen as w way for you to get rich especially if you start embezzling money.
I hope this give you and others perspective on how stock markets work and I'm open to any feedback about what I have just said.
I am against the idea of "this" particular stock market.
This stock market is completely based off of your server balance and that's pretty much my biggest reason why I am against it. Stock is usually based on something and it's usually based off things people want/value. Sometimes it's based off the success of a company sometimes it's based of gold, silver or something that is rare or has value to people. In any case it's based off what people value it to be. For people who buy shares that don't grant dividends the only way for them to make money is for other people to buy stalk for no reason other than you being rich(not including preferred stock). No one is going to buy common stock (or at least shouldn't because it's not a good idea) because the only thing they'd be buying is part ownership of your balance that they can't touch unless it grows. It's kinda a circular logic.
As for preferred stock there seems to be some intensive because you will make money off the dividends but because you (as a kinda figure or empty company) that only makes money buy selling itself is like inflating a balloon that will pop after awhile. No new stocks sold makes it a pyramids scheme. Eventually your stock market will fail and this is probably why Silas has in the past blocked these. It essentially is pyramid scheme that will only support people on the top until it collapses.
Another reason this idea is not viable as a stable stock market is because your balance determines the value of your stock. If you spend any money at all or happen to go broke for some reason or get fined by the guard/mods/admin/owner your stock prices will decrease. Peoples trust in you will fall causing them to sell and further decrease the value of your stock.
The only way this can work to some degree is if you don't touch your own balance and you add money to your own balance by a considerable amount. Otherwise this can be seen as w way for you to get rich especially if you start embezzling money.
I hope this give you and others perspective on how stock markets work and I'm open to any feedback about what I have just said.
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