Topic: Market Fix

I do not play anymore... but when I was last playing market aiding was getting out of hand.


A quick and easy fix.

Assign an arbitary value of production assumption for gc, iron, endu, octo, and food.

This value can be like 100gc, 10 iron, 2 endu, 1 octo, 100 food (this is probably not optimum, but serves for example)

When you do the daily server reset also calculate the production of the galaxy at the same time.

Players do not actually sell to players, or buy from players... but from a 'intergalactic monopoly' which sets prices as it desires.

Based on the production of the galaxy vary the prices

Say if 20 iron is made on average per 100gc... then you devalue iron significantly on the market.


by doing this you allow some leeway for profit (jump gc since prices are so low!) and you also prevent market trading, market blackouts, and market shutdowns.

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Market Fix

I find it hard to read your posts. Would you mind making your posts have one idea per paragraph rather than one sentence per paragraph?

Rehabilitated IC developer

Re: Market Fix

> Einstein wrote:

> I do not play anymore... but when I was last playing market aiding was getting out of hand.


A quick and easy fix.

Assign an arbitary value of production assumption for gc, iron, endu, octo, and food.

This value can be like 100gc, 10 iron, 2 endu, 1 octo, 100 food (this is probably not optimum, but serves for example)

When you do the daily server reset also calculate the production of the galaxy at the same time.

Players do not actually sell to players, or buy from players... but from a 'intergalactic monopoly' which sets prices as it desires.

Based on the production of the galaxy vary the prices

Say if 20 iron is made on average per 100gc... then you devalue iron significantly on the market.


by doing this you allow some leeway for profit (jump gc since prices are so low!) and you also prevent market trading, market blackouts, and market shutdowns.



Firstly I will try and clarify his point (I think I understand what he is referring to).

Instead of selling and buying resources on the market between players, they sell it to a "middle man" which is just the server. This will mean that players cannot sell between allies because they would be selling to the server and buying from the server. The prices themselves are set based on the production of the galaxy over the previous 24 hours, and determining the prices based on what was produced less and more during that 24 hour period. It actually sounds just like the SD market this round, but the price is based on actual production and not just an arbitary number.

One thing, it doesnt take into account demand, it is just based on supply...prices in any market need to be set on both, otherwise it will lead to different abuses (such as making money on the market would be easier). Since sell and buy prices cannot be set by the player, then there is no way to store money on the market.

Also, I would like to point out, that you are advocating the end of a free market and trade is controlled by the state (server)...I am glad you are starting to see the light Flint wink

I give your invention the worst score imaginable. An A minus MINUS!
~Wornstrum~

Re: Market Fix

LOL!

Snarky man you.

No I am advocating a intergalactic consortium which will make prices in the district of the galaxy you are in more appropriate and less spiky and provide for shortages as well tongue

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Market Fix

Wait... is Wornstrum seriously arguing in favor of a decentralized free market against Flint?




What the hell is going on here?

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

Re: Market Fix

Lol

What is the most important thing to you? Will you give me teh hapiness of taking that away from you?

Re: Market Fix

> Einstein wrote:

> LOL!

Snarky man you.

No I am advocating a intergalactic consortium which will make prices in the district of the galaxy you are in more appropriate and less spiky and provide for shortages as well tongue



So the consortium tells me what I need to produce? (based on shortages). A shortage is also based on demand surpassing supply, so it would still somehow need to take into account the amount of resources that are actually sold to the market, not just how much was produced (since not all would be sold on the market). Furthermore, shortages can come up during a 24 hour period. What happens when the amount on the market is sold out? There is then no way for an individual to sell his surplus (but would have to wait for the 24 hour period to reset the price).

The only thing I can think of, is that the market sets the price, but the individuals still buy and sell as normal (so say the consortium sets the price at the start of the 24 hour period, sparking the start of trade, and then people buy and sell to the consortium). If the consortium has nobody selling to it, it has none to buy from. This seems silly though, because then prices are being forced by the supply and demand still, but have a set price based on production. As people would realise that the market is somewhat unreliable (due to my feeling that fewer people would be inclined to sell) they will be forced to produce more of what they need (meaning that the prices will crash due to the higher amount being produced, and this will lead more people to not sell to the market).

If you then decided to use the sales figures and set a price on it then, you would still need to develop a scaling system to account for prices that then got bought out...a seller would then put his products up for sale, and then as demand rose, the price of his products would increase. This means a seller does not get to chose his selling price, but is based solely on market demand and moderated by the consortium to accomodate any and every transaction. If you make it every 24 hours then, like I said earlier, it would lead to less desire to sell to the consortium and lead to the death of the market...

I give your invention the worst score imaginable. An A minus MINUS!
~Wornstrum~

Re: Market Fix

They have other markets as well..... dur tongue


The idea is to prevent certain player to player corrupt style actions tongue

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Market Fix

umm

[Moved -> Politics]