View Full Version : Stock Market Comissions
CosaNostra1977 02-21-2006, 08:44 PM Now, I realize this won't be a popular idea, but...
there should be a commision charged for every exchange, it would be much more realistic. Should there be a city that gets it? I don't know. New York City, Tokyo...whatever.
that's it i'm done.
Short yet informative....actually not such a bad idea.
His Lord Uberdude 02-21-2006, 09:31 PM BOOOOO!!!
My monies.....my preciooooussssssssssssssssssssssssssssssss.
it'd be a good idea for a different sort of bonus city. The city would have a more volatile income, too, since for example everyone sells while the market is crashing.
Could perhaps the bonus city owner set the commission rates? This would work best with bonds... the highest commission would yield the lowest rates (and fewer people would invest) but lower commissions would yield much higher volume of people who invest.
With stocks a fixed rate might be better. Tokyo would be a nice 4th bonus city geographically speaking, as new york is pretty close to atlanta. But then again, tokyo already gets a fortune from tax.
it'd be a good idea for a different sort of bonus city. The city would have a more volatile income, too, since for example everyone sells while the market is crashing.
Could perhaps the bonus city owner set the commission rates? This would work best with bonds... the highest commission would yield the lowest rates (and fewer people would invest) but lower commissions would yield much higher volume of people who invest.
With stocks a fixed rate might be better. Tokyo would be a nice 4th bonus city geographically speaking, as new york is pretty close to atlanta. But then again, tokyo already gets a fortune from tax.
I don't think so...thats open to cheating. Set it low when your alliance mates are going to buy and sell, and for the rest set it high.
Mr_Fuzzypaws 02-21-2006, 10:04 PM It should be a flat rate, like .01 ~ .025 geos per trade. But don't make the city New York or Tokyo, maybe Chicago. http://www.chx.com/
I don't think so...thats open to cheating. Set it low when your alliance mates are going to buy and sell, and for the rest set it high.
I thought about this... but it's easy to make it so no net geos are made. Unfortunately that means there must either be a LARGE commission, or not much variation in the commission rate.
For example, lets say the comission is 5%. For every 100 geos bought on a stock, 5geos of that goes to the bonus city owner (you only get 95 geos worth of stocks/bonds). However, if the bonus city owner raises the rate to 15%, then for every 100 geos you spend on investments, you only get 85 geos worth of stocks/bonds. It's always going to add up to 100 geos, so if an entire alliance buys/sells at once, it wouldn't matter: there would still be no profit.
It's the same idea as in this post:
http://www.gewar.net/forums/showthread.php?t=783&
Blitzkrieg 02-21-2006, 11:46 PM I agree that if the money comes from a commission on the sale of stocks, then their is no possible way that alliances can help the owner of the bonus city. But 5% on all transactions is a REALLY big amount.... Most people that have been playing for a while would concede that a major percentage of their income comes from bank interest, therefore, a lot of those are capable of investing the maximum 2500 geos into the stock market. 5% of 2500 is 125 geos. The only way to make money in the stock market is to buy and sell often, no stocks are buy and hold, so the bonus city owner will rake in a MASSIVE income.
My proposal is to tax the profit earned. If someone earns 100 geos on a buy and sell trade, the 5% comes in then earning 5 geos to the bonus city owner. 2500 invested, 2600 returned = 95 to trader and 5 to bonus city owner. If you make a loss, no money to bonus city owner. There is no money being created out of thin air, so no exploit I can forsee, alliance member might as well deposit money into the owners bank account, that is all that is happening.
Blitzkrieg
Ahhh but we're back to the old topic.
Most members didn't want to pay a percentage of the stocks or bank deposits.
That would mean the bigger the profit, the more they pay to the city keeper, who could be their enemy.
Enemies would just stop using the stockmarket, to make sure they dont give him more.
Come to think of it....even a fee would have the same problem.
Enemies would make sure they wouldn't use the stockmarket so their opponent wouldn't earn their money.
Blitzkrieg 02-22-2006, 12:02 AM I don't stop planting oil wells because shadowdani owns Riyadh......
Shadowdani gets 5% of my oil well profit as a bonus for owning Riyadh, I get 95%.
This proposal is exactly the same, I get 95% of a stock trade, bonus city owner gets 5%.
Not using the stock because your enemy owns the bonus is cutting off your nose to spite your face.
Resources are needed for income, stockmarket isn't.
And besides...we have enough new resource cities coming up, so why create one that could possibly go against the will of some people?
Perhaps for the long to do list, but then with just the fees.
But I really don't want to go with more then 10 resource cities. :)
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