50 replies to this topic

[Ziveeman]

Yes we have done it for the second time. This will make the Market a lot more useful than it used to be.

Here are the changes done:

• Money and inventories have been wiped clean.
  
• No more user stores.
  
• Max inventory limit of 30.
  
• One bank account, no interest. However we may consider adding the Add Interest Rate item or a new type of bank account with interest but it's really expensive.

But to compensate for the reset, we are offering several features.

• Soon, a topic will be posted to redeem $1,000 ZCash + 10% of your post count in ZCash (rounded to the nearest ten). This way you can still have some money.
  
• The money to post rate has been increased, $12 per topic and $7 per reply. However, this is only temporary; after Saturday we'll be changing it to the new rates: $5 per topic and $2 per reply.
  
• We'll be adding some stuff that will be giving out more money than usual as well.

Anyways I know that this is rather sudden so I'm still open for suggestions and comments. We also have a couple new announcements that will be posted soon. Stay tuned.

[Florburz]

+7

What is the point of an account if it has no intrest?

Make it at least .5% default

[Ziveeman]

Done It'll do .5% and compound weekly.

[Maximum-Can]

Sounds good to me. I'm kind of wary of having a weekly compounding interest though. The more often it compounds the more you have... I don't know. Sounds like it might go really high eventually. But I've since forgotten all about that precalc stuff.

[Ziveeman]

Maximum-Can, on May 4 2009, 05:44 PM, said:

Sounds good to me. I'm kind of wary of having a weekly compounding interest though. The more often it compounds the more you have... I don't know. Sounds like it might go really high eventually. But I've since forgotten all about that precalc stuff.

It will go high eventually if we keep it at .5%, but not for awhile I don't think. That's why we don't want members to be buying increase interest (maybe make it really expensive if we do add it).

But zyzzyxsyzgy's point about a bank with no interest still does stand. I personally don't mind a bank with no interest (since the zcash on our profile on posts doesn't format with , it looks really ugly and I'd prefer to see it with commas and such in the bank).

Perhaps we could just have the no interest bank account be free and the interest bank account cost $2000 or something.

[mnbasdpoi123]

lol not as bad as I expected

[Florburz]

errrrr. Using my enviro knowledge and the rule of 70...
initial / growth % = time it takes to double

if I had 1000 cash then
1000 / .5 = 2000 weeks for the amount to double
1000 / 1 = 1000 weeks for 1%

it would take a lot of time.

[BassNazi]

hm I'd be good with either, as long as after this change noone steals my money

[Florburz]

dayum, I can show off my enviro knowledge with dat shit.

1 percent would be good.


EDIT: Actually, you should automaticall increase someone's intrest rate per pip, starting at .5
.5 --> .75 --> 1 --> 1.5 --> 2 --> 2.5 --> 3 --> 3.75 --> 4.25 --> 5 %

[CutMet]

Just have no interest. Simple enough.

[Mezulu]

lol I remember the first time you guys wiped it...I had over $100,000,000...those were the days...

[Florburz]

today I taught Alvin about the rule of seventy and doubling time (see my last post)

[CutMet]

Shit was legit.

[Mezulu]

lol now I have no riches...

[Florburz]

did you have riches from the start?

[Ziveeman]

probably not compared to your guy's $140 billion dollars..you guys probably had more but thats what juju was sending me lol.

[mnbasdpoi123]

id like some money.

[Florburz]

ill giove you 1 cash

[Elindor]

You should have atleast 2% interest

[Florburz]

oh yeah you missed the wipe elindor


2% intrest means a bank account will double in 35 weeks.

give normal members .5%
silvers 1%
gold 1.5%
senior 2%
mods/president 2.5%
bong bros -1%