Oasis SMP Stock Market?

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Oasis SMP Stock Market?

Post by Dr_Roboto on 5/24/2016, 10:34 pm

Hi all, Roboto here!
I had an idea of starting an nOasis stock market!I own
I figure we have a currency system, so havig a sock market would add a whole new demention to the server.
In essence, you would have a forums post that would have all the company stock and share values, as well their percent increase or decreace. A company would talk to the owner of that post to have a company name and stock value. Then, the would give a report every so often to the post owner, and they would adjust the share value and percents accordingly.
For example,
Say I want to buy stock from bob Co. for 25 coins a share. I buy two shares. There were 100 shares available, so now I own 2% stock in bob Co. Now if you will, say bob takes my 50 coins and uses it to expand his business. Each share of bob Co. is now worth 50 coins, a 50% increase. I can cash my stock in for 100 coin, or keep in hopes that his company will expand more.
This would persuade companies to always be making money, and it would add a new aspect to gameplay and commercial resource gathering and selling.
So, thanks for reading. I posted this to see if there is general intrest. There is both skill and risk involved. I would also offer to help maintain the system.
Thanks,
Dr_ Roboto

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Re: Oasis SMP Stock Market?

Post by Hyunyoung on 5/24/2016, 11:01 pm

This is great but I can't stop thinking about what The Great Depression: Oasis Edition would be like if the market crashed

Anyways I'm all for this, could be fun :)

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Re: Oasis SMP Stock Market?

Post by dtfgator on 5/24/2016, 11:09 pm

This sort of thing is really fun to think about but in practice i'm not sure how well it would work. Without a plugin I can't think of any good way to track who owns what, and even with a plugin I can't think of a good way to assess the value of a minecraft "company" in any meaningful way. In addition, I'm not sure there are enough people on oasis to maintain a relatively stable market - I attended a hackathon once where the objective was to create a trading bot, and with only 30 teams in the virtual marketplace, prices in the market were only vaguely stable when the bots were making dozens of transactions per second.

Again, super fun idea but for now I'll stick to messing around with my fake corporation and pretending like I know what I'm doing.

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Re: Oasis SMP Stock Market?

Post by Revilo410 on 5/25/2016, 6:47 am

Similar plugins do exist, but not many xD

This one you have to pay for: https://www.spigotmc.org/resources/stock-market-companies.10673/

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Re: Oasis SMP Stock Market?

Post by Shnoork on 5/25/2016, 7:17 am

Sounds like Grooves here...

I think the main challenge would be implementation. How is it managed? Where does the "new" money come from? Who determines a companies worth?

Lots of uncertainties right now

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Re: Oasis SMP Stock Market?

Post by ThunderHorse on 5/25/2016, 11:53 am

Sounds fun

I will rule the horse market!

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Re: Oasis SMP Stock Market?

Post by izumi4kona on 5/25/2016, 3:15 pm

Maybe there is a way to run a small scale system - Or something tailored to Oasis's econ and community size? It would be neat to see another use for currency *-*

I would also like to see a "Oasis sock market" though; socks are comfy and easy to wear. I'm being serious here.

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Re: Oasis SMP Stock Market?

Post by Suscabot on 5/25/2016, 4:54 pm

I like it! buying stocks in the horse market when it opens! :P

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Re: Oasis SMP Stock Market?

Post by Shnoork on 5/25/2016, 4:57 pm

Should we be concerned about overseas bank accounts? Billions are embezzled that way, you know

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Re: Oasis SMP Stock Market?

Post by ChaosTheoryJRH on 5/25/2016, 4:59 pm

izumi4kona wrote:I would also like to see a "Oasis sock market" though; socks are comfy and easy to wear. I'm being serious here.

Fruit of the Loom is up by 5 points.
Underarmor drops another 3 points.
Hanes goes up 1 point.
Columbia stays the same.

Like that?

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Re: Oasis SMP Stock Market?

Post by Dr_Roboto on 5/25/2016, 5:15 pm

Thanks everyone for reading again. I do think it would be a fun use for currence.
On embezzling, we would probably have multiple people as a checks and balances system.
Oh and under armor down by 2 points...

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Re: Oasis SMP Stock Market?

Post by izumi4kona on 5/25/2016, 5:37 pm

ChaosTheoryJRH wrote:
izumi4kona wrote:I would also like to see a "Oasis sock market" though; socks are comfy and easy to wear. I'm being serious here.

Fruit of the Loom is up by 5 points.
Underarmor drops another 3 points.
Hanes goes up 1 point.
Columbia stays the same.

Like that?
I was thinking a store that sells boots renamed "socks", but that works too

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Re: Oasis SMP Stock Market?

Post by Shnoork on 5/25/2016, 8:57 pm

Under Armor down 5? Goddamn, what will I tell my wife...

THEY WERE SUCH A STRONG PROSPECT AT THE END OF LAST QUARTER

(I was joking about embezzlement, btw)

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Re: Oasis SMP Stock Market?

Post by BroadStreetBully on 5/26/2016, 11:12 pm

I'm going long mega-mart.

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Re: Oasis SMP Stock Market?

Post by dtfgator on 5/26/2016, 11:14 pm

Shnoork wrote:Should we be concerned about overseas bank accounts? Billions are embezzled that way, you know

Pay no attention to the fact that GatorCo. Industrial Group just opened its offshore office. No attention at all!

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Re: Oasis SMP Stock Market?

Post by Dr_Roboto on 6/5/2016, 9:11 am

I was also thinking that one could introduce money into the system by having people vote. That way, there would hopefully never be a time when the system runs out of cash.

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Re: Oasis SMP Stock Market?

Post by Ultra_Builder on 6/5/2016, 9:32 am

I think it would be a great idea.
I could set up stock for some of my companies.
Also, Fruit of the Loom down by 1

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Re: Oasis SMP Stock Market?

Post by flomzilla on 6/5/2016, 1:40 pm

The value of stocks is determined by what people are willing to pay.

This would mean it probably wouldn't make much sense to have a forum post listing values of everything even if it were updated frequently. There would need to be some way to represent what amount of a company's stock each player owned and there'd have to be an internal market system based around offers to buy and sell shares. There'd also have to be a limited number of shares in each company and a way for the owner of a company to do things like stock splitting. I'd also think there'd ideally be some level of oversight to the whole thing. (How do you stop insider trading or market manipulation in the context of the Oasis community?)

Another thing, is control of a company to be determined by ownership of shares? I could see quite a lot of drama arising when people start to join together and essentially "steal" one another's companies by pushing out founders or partial owners from the decision-making process.

I love the idea and while it would add a whole other dimension to the economy here I think it'd be very difficult to implement well.

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