Stock exchange

[Kempotent]

Description of the idea: Add the stock exchange to an app on your phone, this can transfer money to stocks on the stock market such as, "Paralake exchange" "NASDAQ" ect
This will be a new way of making money legally so your only resort isn't doing drugs or sucking the dick of virtual people for virtual money.

Why should this be added? (pros): It will be a new source of money and in the long run, very profitable depending on the amount of money you put in, there should be a MIN and a MAX amount of money to even it out for players with millions and those with only thousands. Realistic, easy to access.

What negatives could this have? (cons): coding?

*Other additions: N/A

*Images: N/A

 

[Creepis]

Feel like this would make millionaires even more richer with how much you can get with drugs already, too flawed tbh

 

[Kempotent]

i was also thinking this which is why i think you should only be able to invest in 1 or 2 stocks at a time, also a maximum of maybe 100k?

If you think about it tho it could also go completely wrong the stocks drop and they lose everything

 

[Bnjemann]

Let’s make money doing nothing!

 

[MadForCod:here for beef]

Yeah this is a great idea! It would be awesome if there was a way to have events in the server directly influence the market.

 

[MadForCod:here for beef]

E.g - a Mayor with super high taxes may bring the market down.

 

[Bnjemann]

You’ve given next to no actual description on how this would work.

The idea of “investing” in an NPC owned business to make money off of it is stupid. Sure, you have to pay money to begin with but that makes this whole situation 10 times worse.

How would it work? Would NPCs offer to buy stocks off of you or would other players?

Even if this was implemented it’d either put people who do absolutely nothing on the server gain end game amounts of cash or it’d be pointless and sit and gather dust, just like poker does.

 

[MadForCod:here for beef]

just stick massive spreads on the stock so not everyone makes money

 

[flugs]

If you were to invest in an an NPC owned like @BigBenji mentioned then how would you profit, would you get a small percentage of each sale the business you invested in makes and as you invest more you get a higher percentage? How would work?

I also think someone would somehow find a way to exploit this and make millions, it's happened in all the stock market addons I've seen on gmod.

 

[MadForCod:here for beef]

The change in stock price could be calculated by considering the number of sales from that NPC (FROM UNIQUE PLAYERS) in a given timeframe. Say 3 Hours...

 

[MadForCod:here for beef]

By considering the unique sales, I dont see how else the system could be exploited. Someone enlighten me

 

[Deleted member 5577]

I feel like it wouldn’t be useable from data from players it might get too underused maybe we could use the real data from the FTSE 100

 

[blobvis 2.0]

@MadForCod:here for beef but if you focus on ingame it can be manipulated very very easily by unique players buying things like 1 item and than just all invest prior to it, leave it and sell at top, I guess it will be easy to spot and abuse the market gap in that one

 

[MadForCod:here for beef]

@blobvis 2.0 In real life that's known as stock fraud. Maybe a law could be implemented against this - with a high up ranks of the police force able to observe buys and sells on the market.

 

[blobvis 2.0]

@MadForCod:here for beef and where would the "taken" money be send to?

 

[MadForCod:here for beef]

@blobvis 2.0 Excellent Question. There are two approaches each with their own upside and downside:

1. Funds Get Removed from Circulation Entirely.
This would increase the Relative Strength of the "Paralake Dollar". However - false observations may be made and money may be removed unfairly.

2. Funds Get Sent to the City Fund
This is my favorite idea, the "Paralake Dollar" would maintain it's strength and could potentially make it easier for mayors to reduce taxes. However - the downside of this is, false accusations would be more favourable in order for Police to get a higher salary!

Really good question though mate, this is the kind of stuff that needs to be considered before a gameplay changing feature such as this is implemented.

 

[CensoredExe]

Cool Idea, and I feel it would mean people would spend less money on guns and cars, as theyd wish to invest as much as possible.
However, for this to work it needs to be a somewhat stable way of making money, however this will have negative impacts.
People could invest 1 mil in the morning, and come out with say 1.1 mil by evening, not too bad. However, someone invests 10 mil by morning and comes out with 11mil by night, now you can start to see where this gets dodgy. The only way you could make money, is if youre already rich.
This should only be implemented if a system can be derived that will require some skill, and come with lots of risks if you don't invest very smartly.

 

[CensoredExe]

@MadForCod:here for beef If it was sent to city funds, then if mayor put taxes to 0, the city could run out of cash, and investors lose all their money. This would skyrocket prices for guns etc, as taxes would never be 0, because the second they dropped, everyone investing would sell, plummeting the city funds to 0, and most likely in the minuses.

 

[Sam]

Denied, for now at least.

Making something like this, would be a pretty big project. And I think it would die out just like tooter.