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Post by qmark on Mar 17, 2021 2:27:29 GMT
cool stuff! what is the purpose for less manipulation ? less power of choice over ones play.. interesting anyway
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Post by The Center on Mar 17, 2021 12:27:59 GMT
Price manipulation is a thing in game and is not going to be regulated. That is if you can even do any price manipulations now with the current number of players in game (20k+).
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Post by mightymoo on Mar 21, 2021 18:57:26 GMT
By "clear out all orders at the given price point" do you mean players would not be able to set their sell price? How would that be beneficial to player experience?
I agree with The Center, it's really hard to manipulate price with this many players - and regardless, that's part of the game. Or was.
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Post by mightymoo on Mar 22, 2021 14:35:23 GMT
Ok, thanks for clarifying, I am definitely NOT in favor of this. I prefer the current system.
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Post by puristthunderwrath on Mar 22, 2021 15:11:51 GMT
Now if there's a buyer who wants to buy 200 Units. The exchange should clear out all the orders @$176 first ( which was the price when a new seller added their order ).If the demand is strong enough and all the orders at the current price are taken out the next lowest offer should become the new base price, if there isn't any the next highest price becomes the new base price. In my opinion this is better and truer representative of supply and demand. If the overall demand is low the sellers will quote lower and lower to get their orders executed i.e there will be lesser orders to clear out at higher prices and prices will keep moving down.If the demand is high the sellers will quote higher and higher to get maximum profit i.e there will be lesser orders to clear out at lower prices and prices will keep moving up. If we use the current system and introduce derivatives into the game you can simply short the derivative @176 and then go and put an order of $140 on the exchnage,the exchange will immediately execute that order thus bringing the price of derivative to $140 too.
I dont understand how if the overall demand is low, the price will lower automatically. what if the demand is almost 0 at 176 ? no matter how low the suppliers are willing to go the price will stay at 176..
Also how do you think the same problem of shorting something, and putting a lower price on the exchange work in real life ? because someone in real life can also do that and mint money. Say a cotton producer, can technically do that ! So if the problem exists in real life also, we should at least see how the problem is solved in real life instead of introducing new mechanics which may or may not work.
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Post by usamaz on Mar 23, 2021 11:10:31 GMT
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