Stock Market

[Debu]

Every poem has a hidden meaning :3 here it means that people can use spawners to spawn livestock which is umm not useful :/

[Fedgar_Lurch]

Remember what we said about spammy?

Purposeless posts would be considered spammy. You have to control yourself. Have a reason for saying everything you say

[Debu]

He commented that maybe you could add a live stock exchange. but live stock would not work as people could not shift the livestock or neither would livestock be legitimately produced due to the availability of spawners.

[IrParadox]

I believe he meant a "live" stock for the server itself.
I really like the idea of having a stock market in game. I have racked my brain to figure out a creative way to do it without a plugin, but I am at a loss.

[Debu]

lol I miss-understood him then. If you came up with a solution, please share it, we can always figure it out. I also don't get why people don't prefer to work as a team :/

[DaVoBMX1725]

What if say Everyplayer gets 100+ sponge when they join to use in the stockmarket and every week everyone gets 2 sponge to keep it going and prevent 1 player from owning all the sponge, and i'm not sure if you can get sponge in token shop but it would entice people to vote more and with any sponge profit sell to other members and hoarders of shares, and possibly at the  Admin Shop have a sign where you can sell your sponge for $$$$$
How to keep record?
Put the amount of shares your wishing to buy in a sell sign in a bank area I guess where at the interval of a chance in the market the person running it withdraws some sponge if it goes down lowering the persons balance of sponge, and if the market goes up so does your sponge count.
I don't think this makes sense or works but anyway

[MacLeezy]

You can buy Sponge in the Tokenshop... It seems like Giving ppl 100+ sponge would be way to useful for them. If I had 1 Sponge I'd be Dancing.
Plus Wouldn't it be Better to Use something that Can be Used up? Like someone mentioned Diamonds, Diamonds Are Somewhat Rare and Valuable, But also can Disappear after use (Tools, armor etc..) Sponges on the other hand Can Be used over and over... I  Don't Have any Ideas of my own, Just here to Shoot down potential

[DaVoBMX1725]

Hahhaha yeah thats why I choose sponge

[Debu]

hmm... how about spawn eggs that don't work? such as falling entities which can be traded for other stuff.

Basically the idea is a new currency which can be used. Diamonds wont work because diamonds are available with everyone and everyone sells them. That would wreck he idea. We need a new currency, which can be traded back and forth.

[SpiderJockey]

Basically an idea that won't cost the server much or any ram, the idea with spawners which don't spawn cost ram
But, the idea with sponge block is interesting, say, every person in the server is given 50 sponge blocks. They can go to the server stock market ( a hypothetical place right now ) where they can store them in a specific sign with a stock name.The stock's price will change every 15 or 30 min. or so. This will allow the user to withdraw ( when he wants ) a specific amount per day (real day). Suppose he/she is allowed to withdraw only 10 sponges per day and his profit or loss may be like this
'' Initially when Debu stored 50 of his sponges in the MinecraftMinersGuild stock at the price of 5 sponges per stock ''
'' Later , Debu withdraws those sponges at the price of 4 sponges per stock ''
So he lost 1 sponge per stock. That means a total of 10 sponges were lost

Now what with the sponge?
It should be bough by the ingame money ( or tokens as davo said is a good idea ) and sold for ingame money.
suppose a sponge is bought at $400 and it's selling price is $250

[DaVoBMX1725]

What about the going rate of sponge when you sell it to players?

[Debu]

That there is hard to set up without help from rich.

[MacLeezy]

You keep saying sponge... its too useful... Wouldn't bedrock be a better option... Not Obtainable anywhere. so if ppl buy it and use it for something other than stock, thats their problem they can't Pick it up again..

[Fedgar_Lurch]

Lol I am looking into this kind of thing, as ever.