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The Economy Update

Discussion in 'News & Announcements' started by Fuzzlr, Jun 18, 2015.

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  1. zahnee

    zahnee Popular Meeper

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    can you make a post that goes into detail about how the stock system in game works?
    i want to feel confident that i understand how the meepcraft version of the stock exchange works before i invest.
    also is this just for the nyc stock exchange and is this for things like currencies and commodities too?
     
  2. triscope

    triscope Celebrity Meeper

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    Bring back the villager trading center that was good back in the day
     
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  3. Fuzzlr

    Fuzzlr Owner Staff Member Owner

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    New Feature: I account for stock splits (When a stock halves in value and doubles in amount of shares) by multiplying the sell price by the ratio between shares outstanding (total number of stocks in circulation) and the original shares outstanding. (Stored on the Stock Note)

    That way you will not lose money if the stock splits and the price goes to half of its previous value. You’ll sell for the new price times 2 to account for the split.

    You can also Short Sell. Click on the broker and look for the red buttons.
     
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  4. Chickenator

    Chickenator Popular Meeper

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    If only all the isues could be fixed instead of generating new stuff/issues
     
  5. ImNotBlonde

    ImNotBlonde Celebrity Meeper

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    tf you guys have a stock market now?!
     
  6. 417Mario

    417Mario Celebrity Meeper

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    It sucks I could not bring my computer. I'll have to see this when I get back! (7/4)
    --- Double Post Merged, Jun 22, 2015, Original Post Date: Jun 22, 2015 ---
    No, you can invest in real-life stocks, though.
     
  7. HeadHunter1242

    HeadHunter1242 Popular Meeper

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    Hey there i am with the helmet in the front!
     
  8. CG6843

    CG6843 Popular Meeper

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    I think the stocks are a great idea. Good job meepcraft
    --- Double Post Merged, Jun 23, 2015, Original Post Date: Jun 23, 2015 ---
    Me too
     
  9. IFartRainbowFTW

    IFartRainbowFTW Well-Known Meeper

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  10. KariStar86

    KariStar86 Heroine of Time

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    This is so cool! :D To all the staff working on these updates, thank you! It's exciting to see some long-awaited things become reality, along with some surprises.

    I do have some concerns about the lottery (http://meepcraft.com/threads/help-me-understand-something-please.47248/page-2#post-485090) but I understand that there have been changes made to it, and so far they seem to be working.

    Stocks don't really connect to MeepCraft's in-game economy at all, but I don't really care. The concept is just so much fun - and educational! I think some kind of guide/tutorial would help out the kids who might be learning about the stock market for the first time... or those of us who are older and may still not totally get it... ;)
     
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  11. K_buttersnaps

    K_buttersnaps New Meeper

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  12. kevman967

    kevman967 Popular Meeper

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    ^
    This
     
  13. 417Mario

    417Mario Celebrity Meeper

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    I'm sure I could make a lot of money of this.
    ---------------------------------------
    /warp wallstreet
     
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  14. Ranger0203

    Ranger0203 Celebrity Meeper

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    I think this is awesome, as it can teach kids about real life stock trading, and how it isn't necessarily a guaranteed way to make money. It will teach them (us) patience/the value of research.
     
    KariStar86 likes this.
  15. werejoshguy

    werejoshguy Well-Known Meeper

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  16. the fire

    the fire Meeper

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    Can I play
    --- Double Post Merged, Jul 16, 2015, Original Post Date: Jul 16, 2015 ---
    I bet it's fun
    --- Double Post Merged, Jul 16, 2015 ---
    I play mindcraft on ps3
     
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  17. superthomas12

    superthomas12 Popular Meeper

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    whats really funny about this is that about 2 years ago i suggested a meep stock market and it was denied... lol
     
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  18. FacerPacer

    FacerPacer Popular Meeper

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    1 word YAY
     
  19. viroman2000

    viroman2000 Popular Meeper

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    wait does the meeble stock give you meebles?
     
  20. _Gimble_1.

    _Gimble_1. Popular Meeper

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    Yes and its a good source of money when the stocks go up
     
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