Katie Chalmers
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- Oct 13, 2020
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- Katie Chalmers
Why is there a dislike to resellers when it comes to shares? People buy and sell shares, that’s kinda the point to investing.
Yes, that's exactly what happened with Arkadia Moon Deeds...Resellers will rather hold onto them (like 101amps and other stuff for years or decades) than sell at a loss.
The bulk was sold to a couple resellers. They will determine market price. And those people will not sell at a loss unless there is danger that MA goes bankrupt. Especially if the deeds produce any form of income, even a pec every two weeks.
In this case, I think it is misplaced anger over the fact that there wasn't opportunity for more people to participate. A staggered offering over time zones would have allowed more people, me for example, to try to buy during the first offering. Now the only way I will own any of those is via someone who was able to be at their PC at 11:00UTC.Why is there a dislike to resellers when it comes to shares? People buy and sell shares, that’s kinda the point to investing.
What will happen wil be that from now on people will not abandon daily missions so often and will pick NI as a place to do them so there will be quite a lot of activity throughout the year. There could also be the case that that "subject to change" can be a rotation of minievent mobs, mobs that used to be placed on LA60 (maybe even ig Eomons during migra) etc.There will probably be e boom until most people have reached high enough in Codex.
After that... well, we'll see what happens.
That's kinda cringe....Well, I guess I won't be hunting on NTI then I guess. Not that my own activity would have made any real difference to the payouts on my shares, but the thought of it would have been encouraging - and being a part of something.
I'll presumably hop off Caly altogether again now and see the vu stuff from the pps. Have fun all ...
My understanding is that the term "reseller" is conceptually bloated to the extent of uselessness. Close to everyone recognizes (by experience, even if not in so many words) that the value proposition of Entropia is its suitability to be treated as a consumption good, a capital good, or any combination of the two the individual player desires, and that trading is a vital component of its suitability as a capital good (even the Club NEVERDIE world record, perhaps the story most central in the formation of Entropia's identity, is at its heart a tale of trading/investing/market success). However, the boundary between trader and reseller seems completely up for grabs. It is unclear that "reseller" means anything more substantial than "double plus ungood trader."Why is there a dislike to resellers when it comes to shares? People buy and sell shares, that’s kinda the point to investing.
Yes there will be more hunting there than today, thats for sure, but will it be equally high when Codex is filled up?This is pretty big stuff, congrats MA!
What will happen wil be that from now on people will not abandon daily missions so often and will pick NI as a place to do them so there will be quite a lot of activity throughout the year. There could also be the case that that "subject to change" can be a rotation of minievent mobs, mobs that used to be placed on LA60 (maybe even ig Eomons during migra) etc.
That sounds like the guy you voted for lost and now you hope to see the current guy fail just to make you feel less crappy because you were wrong....
That's kinda cringe....
Deeds will be available for trading early next year, no need to get this emo...
LOL @ those who were talking about halving or not selling for months... comparing apples with oranges won't help you get the right conclusions, ever.
Ofc activity will get lower and not everyone will work their codex right away... plus look at CP deeds... hype is 10 - 15 years gone, only 2 mobs, off planet, not many hunters, and with all that, deeds are 170-180% from original price, not many for sale and people just .. keep them. No go tell ppl that hope deeds become 5 ped to be realisticYes there will be more hunting there than today, thats for sure, but will it be equally high when Codex is filled up?
Yeah I doubt they will ever drop in value, no matter of activity, but that depends on what kind of people of the majority that owns them.Ofc activity will get lower and not everyone will work their codex right away... plus look at CP deeds... hype is 10 - 15 years gone, only 2 mobs, off planet, not many hunters, and with all that, deeds are 170-180% from original price, not many for sale and people just .. keep them. No go tell ppl that hope deeds become 5 ped to be realistic
Speaking of which can we have our fancy armour for everyone who bought over 500 shares now?Yes, that's exactly what happened with Arkadia Moon Deeds...
You talk like getting the shares is some sort of an injury that needs compensation, not a reward in itselfSpeaking of which can we have our fancy armour for everyone who bought over 500 shares now?
Great, so since we agree not to retreat to the complaint that faster buyers capture more consumer surplus, it should be easier to agree that the problem could have been avoided by omitting the three month trading freeze. Then a market would have formed at whatever price matched demand with supply, and a larger number of players would currently own them. To place limits on purchases would be to solve a problem created by central planning using more central planning, which doesn't automatically disqualify the proposal, but should be a significant red flag.The problem is not so much that they buy only for the purpose of reselling at a profit...The major problem is that a very small number of rich people have taken everything.
According to MU trend, one person alone took 200k$ of shares.
That should not be possible.
It seems clear that there just IS vastly more demand than supply given the price which was fixed. Moreover, in light of the three month freeze, this excess buying pressure cannot be attributed to traders with any shorter time horizon than that. The only way to label the values false is if you literally only count transactions on items intended to be held for many months as legitimate volume, which would underreport volume if we applied the same methodology to any other item.This creates even more false values on these shares, by giving the impression that there is a vastly greater demand than supply.
According to MU trend, one person alone took 200k$ of shares.
Was thinking the same thing , and it is totally plausible he was compensated within the game instead of outside it.Was it Deathifier?
Hey Spoon, you have mistake in calculation. ROI is ~20y with 1 pec/week...200k shares for 2,000,000 PED @ 1 pec/week return = 0.52 pec a share per year or 2,000 PED / week just over 100,000 PED a year so should be repayed in two years, and if the shares double then a nice 2 million profit. And that is the kinda minimum expectation. Meaning 80,00 PED a week qualifying which would be 160,000 PED spent, combined.
GZ.
If this is the case, shouldn’t they have seperate his stake from the available total? The 200k should of been awarded prior to IPO being open to the public. What if he missed out?Was thinking the same thing , and it is totally plausible he was compensated within the game instead of outside it.
I don't know the full story of the causes and outcomes of those litigations but have a hard time imagining Deathifier wanting any in-game assets or any further interaction with the game.Was thinking the same thing , and it is totally plausible he was compensated within the game instead of outside it.
Yes I think a better way to do it would be to restrict allotments to 1000 shares per avatar for the first 24 hours, and then revert it back to free for all. Both the player base wins through greater community involvement, and MA will also do better as smaller holders are more likely to be in it for the longer haul and recycle the PED back into the game.In this case, I think it is misplaced anger over the fact that there wasn't opportunity for more people to participate. A staggered offering over time zones would have allowed more people, me for example, to try to buy during the first offering. Now the only way I will own any of those is via someone who was able to be at their PC at 11:00UTC.