The Great Market

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The Great Market

Post by om noml on Sat Aug 14, 2010 3:20 pm

The Grand Caliph has decided to open up a Grand market open to all people, where they may buy and sell items of worth to attempt to make a profit.

This is basically the stock exchange, items will be given a number, 1 - 10, 1 - 1000, etc. A die corresponding with that number will be rolled, once in the morning, once in the "evening". This is flexible. You can buy more than once into a resource. You can buy 200 golds. It goes up some, you could sell out to make some profit, or you could partial sell, partial hold, or you could hold out and go for broke.
Lets say I have gold. I buy at 300. Die rolls at 400. I can now sell for a 100 florin gain.

Rules
1. You can only hold onto something for two days. (Subject to change)
2. You can either pay a 25% interest to me each time you use this market, or buy a Market Guild to pay 100,000 upkeep but to dodge the cost entirely. You can buy into a specific resource for a cheaper price, but you will only avoid fees in that resource.
3. If I don't update prices stay the same unless someone else updates.
4. I have the ultimate say here - play nice.

Gold - 1 - 1,000
Price - 500
Holders - 0

Silk - 1 - 500
Price - 250
Holders - 0

Ivory - 1 - 100
Price - 50
Holders - 0

Iron - 1 - 50
Price - 25
Holders - 0

Thoughts and suggestions are appreciated. Mindless banter is not.


Last edited by om noml on Tue Aug 17, 2010 8:16 pm; edited 1 time in total

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Re: The Great Market

Post by Doyler on Sat Aug 14, 2010 3:39 pm

Hmm... please, elaborate.
Or, in interwebz speak;
Moar
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Re: The Great Market

Post by om noml on Sat Aug 14, 2010 3:42 pm

It's like a stock market. You don't actually have physical possesion, it's more like you are buying into a stock. So you buy low, sell high. It's a bit ahistorical, but it would help with the small goods problem.

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Re: The Great Market

Post by om noml on Tue Aug 17, 2010 3:11 pm

Useeee thiiissss marrrkkeeettttt. NAOW!

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Re: The Great Market

Post by Doyler on Tue Aug 17, 2010 7:38 pm

A few people (or just you >.>) will have to get togehter and hammer out a plan for this. A complete, concise one.
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Re: The Great Market

Post by c00ki3 on Tue Aug 17, 2010 7:39 pm

Isn't this what trade is used for?

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Re: The Great Market

Post by Doyler on Tue Aug 17, 2010 7:41 pm

c00ki3 wrote:Isn't this what trade is used for?
Do you play Total War?
Well, Trade is trade rights, basically, but you can also get merchants, and send them to different resources, to be traded. (I know that applie(s/d) in real life but TW seems a good analogy)
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Re: The Great Market

Post by c00ki3 on Tue Aug 17, 2010 7:46 pm

Doyler wrote:
c00ki3 wrote:Isn't this what trade is used for?
Do you play Total War?
Well, Trade is trade rights, basically, but you can also get merchants, and send them to different resources, to be traded. (I know that applie(s/d) in real life but TW seems a good analogy)
Oh okay. Well I've only played RTW, but I've heard of merchants.

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Re: The Great Market

Post by Doyler on Tue Aug 17, 2010 7:50 pm

c00ki3 wrote:
Doyler wrote:
c00ki3 wrote:Isn't this what trade is used for?
Do you play Total War?
Well, Trade is trade rights, basically, but you can also get merchants, and send them to different resources, to be traded. (I know that applie(s/d) in real life but TW seems a good analogy)
Oh okay. Well I've only played RTW, but I've heard of merchants.
I should hope so.
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Re: The Great Market

Post by Mik on Tue Aug 17, 2010 7:53 pm

I think I get where your going with this, but you gotta make it more worth it. Who needs an extra 100 or 1000 when players are making a million?
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Re: The Great Market

Post by om noml on Tue Aug 17, 2010 8:10 pm

You buy in quantities like 100's. 100 Gold at 500 makes a tidy sum of about 50k.
It hits 1000 and you have alot of share...jackpot. The idea is if your going to use it, you need to spread out your investments. You buy more than one at a time.

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Re: The Great Market

Post by Mik on Tue Aug 17, 2010 8:45 pm

K... But my question is who do you sell the stocks to? Say I buy 10 gold stocks 500 ea and want to sell em all for 10k as it should be. Who is my buyer? And what if no one buys?
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Re: The Great Market

Post by om noml on Tue Aug 17, 2010 8:52 pm

You don't pick the price, the die do.

Now if we had more people wemight be able to do a buy/sell thing. It really would end up being exploitable though. Instead your trying to try to sell early or take a risk for more.

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Re: The Great Market

Post by om noml on Sun Aug 22, 2010 2:29 pm

C'mon guys. Let's get this thing rolling. I need at least three people in the market to start a market day.

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Re: The Great Market

Post by Rex Alexandros on Thu Sep 02, 2010 7:35 am

I would join, but I don't have ANY money. Also, if we are going to pay 100,000 anually, then why wouldn't we just pay the 25% fee (that would only come to about 100)?

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Re: The Great Market

Post by om noml on Thu Sep 02, 2010 8:28 am

If you traded 1000 gold for....500 after buying at 0(Lolwut hax). That's 500,000 bucks you just made. You know lose 125,000 from the tax. You would have lost 100,000 if you payed in that. I think people believe were buying in 1's and 2's here. We are buying in large numbers. It's basically the stock market. A bit ahistorical, but it should help people stockpile money if they're careful.

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Re: The Great Market

Post by Rex Alexandros on Thu Sep 02, 2010 8:40 am

Oh, so what is the LOWEST price you will sell things for? And can you give me a first-person discount?

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Re: The Great Market

Post by om noml on Thu Sep 02, 2010 8:46 am

I can't. A roll will be made once we have at least 3 participees.(lol) I will roll once we have enough people.

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Re: The Great Market

Post by Rex Alexandros on Thu Sep 02, 2010 9:22 am

Darn it. Well, hopefully more will come.

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