Why would I? I don't believe such things are negative, I'm clarifying sullen's confusion.
NPC adding shares
Started by Mat-Senpai [952164] on in Bugs & Issues.
Posts archived: 34 / 34 posts (100%) · the total is Torn's reply count + the opening post at the last fetch
Why would I? I don't believe such things are negative, I'm clarifying sullen's confusion.
Bad Harley, no being right on the internet. You should know better.
Also while this is fun could we go back to the topic and keep the off topic comments in another thread? ^^
On topic, it seems like more than coincidence given what happened with FHG and TCB. If this is intended behavior, it will be a considerable change in how the stock market operates.
It simply detects if the stock is running out of available shares, and adds more if needed.
Shares added: 18 October 2017 13:15:05. 0% of shares were available (all totally bought up)
Shares added: 19 October 2017 23:30:05. Only 0.5% of the total amount of shares were available for TCB.
So yes, if the NPC adds a bunch of shares and players buy them all up, it'll likely add more to satisfy demand.
When last I viewed it was over 100m shares, woudlve been 0d for a short time I guess and missed
My question becomes why isn't there a cooldown? There are stocks which 0 every day when they crash and the npc will add - it doesn't constantly add a day after just doing so.
Why isn't there a cooldown.
It's random (averages once per week).
Why would we need a cooldown? Not sure I see the benefit there.
The reply you are going to get is that the NPC shares on the market do not affect the share price, and how players behave with their shares is not the problem of the developers.
Developers don't think like economists. From a developers perspective, players should act in a rational manner and essentially ignore the NPC shares on the market (even though those shares look identical to player shares). A developer would think players have just not figured this out yet and it is not the developer's job to save the player from his own actions.
A few weeks ago, Richard Thaler won the Nobel Prize for Economics (although technically there is no Nobel Prize for Economics, but that is another story) recognizing the field of Behavioral Economics. This very interesting branch of economics investigates that humans, in fact, do not behave rationally. Our decisions are wrapped up in our own beliefs and emotions.
So, while Ched believes the players will behave rationally when they see a ton of NPC shares on the market, Flooding the market with NPC shares does cause a stock to languish because it discourages player purchases and encourages player sales.
There is an easy fix for this, but Ched doesn't see the problem. So, learn to live with it. If a stock gets flooded, pare back your position because the stock isn't going anywhere and move on to the next one.
Because shares on market have a huge impact on share value - it effectively forces value down, a cooldowns so that it's not having constant shares added every single day - added 1b shares when it first crashed? Sure it's logical - then adding 1.57b shares a day or two after makes no sense, if It had no direct impact on share value then sure... but it does as we can clearly see.
Only because people are still using it as if it's on its old mechanics. The number of shares available is irrelevant. Perhaps we'll replace the 'available shares' system with a percent of player own shares listed.
if stocks 0 the price goes up, if stocks have huge amount of shares on market they tend to rest or go down - this isn't how it works?
Its relevant if there are 0 shares
That's not how it works, no. Only player listed shares affect the demand.
Closing this.
If anyone else has issues, please post back.