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Why doesnt EVE have a stock market?
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NEONOVUS
Mindstar Technology
Goonswarm Federation
#1 - 2013-01-01 23:24:05 UTC
I mean we have stocks, but they seem to just be more about who is the boss than how well your corp is doing.

It would be nice to buy and trade on initially NPC corps and make ISK from it.
Even better if the fluctuations in stock price were cross linked with the fees in stations.
So better stock lowers fees while more fees collected boosts stocks.
You could also have it tied to missions run, given that many of them seem to be business as opposed to the more generic quest giver.
Theodora Carac
Science and Trade Institute
Caldari State
#2 - 2013-01-01 23:29:46 UTC
We do have a stock market, you buy stocks physically in Jita and keep them in your hangar.

Shares make no sense for trading as our corporations do not run as RL corporations do.
Xercodo
Cruor Angelicus
#3 - 2013-01-01 23:35:52 UTC
Yeah the stock market in EVE is more the actual market.

Just compare things in RL like oil and gold to trit and zydrine. Investing in them means just buying them in this case.

But as far as the EVE corp stocks, it'd never work, the whole valuation system of corporations would be too much work really.

The Drake is a Lie
NEONOVUS
Mindstar Technology
Goonswarm Federation
#4 - 2013-01-01 23:39:11 UTC
Hence why I suggested starting with NPC corps.
I mean if you wanted to you could easily use a RNG and have it decide from a certain table how much to alter the price by.
So it could be a sink one day then a faucet the next, with players able to sell their stocks to each other freely.
For PC corps I figure that players could figure the price out on their own.

Also its called a commodities market not a stock market.
gfldex
#5 - 2013-01-01 23:45:48 UTC
EVE don't got a stock market because EVE don't got fiat money.

If you take all the sand out of the box, only the cat poo will remain.
Sentamon
Imperial Academy
Amarr Empire
#6 - 2013-01-01 23:51:24 UTC
It's a fun idea to pursue, along with making corporations public, and put in systems to allow for a board of directors and hostile takeovers.

Imagine conquering someone financially instead of militarily and the resulting QQ from the creepy little dictators that run most of the corps these days.

~ Professional Forum Alt  ~
Sernum
Infinite Point
Pandemic Horde
#7 - 2013-01-01 23:59:28 UTC
There is/was a stock market. it was player run not sure if it still out there. check out market discussion forums
Tippia
Sunshine and Lollipops
#8 - 2013-01-01 23:59:50 UTC
Largely because corps have no value, nor do they really produce anything. In addition, revision is a completely non-existent concept, which would make evaluations completely arbitrary even if that wasn't the case.
Some Rando
University of Caille
Gallente Federation
#9 - 2013-01-02 00:04:42 UTC
It's also worth noting that EVE corporations can be created and destroyed pretty much on a whim. Not a lot of investor confidence there...

CCP has no sense of humour.
Generals4
#10 - 2013-01-02 00:22:31 UTC  |  Edited by: Generals4
NEONOVUS wrote:
I mean we have stocks, but they seem to just be more about who is the boss than how well your corp is doing.



Just felt like adding a little correction. Stocks don't reflect how well/bad a company/corp is doing but how well/bad it is expected to perform in the future. A small but crucial detail.

_-Death is nothing, but to live defeated and inglorious is to die daily. _
Dheeradj Nurgle
Hoover Inc.
Snuffed Out
#11 - 2013-01-02 00:26:58 UTC
Are we really going to have this thread every other week?
La Nariz
Aliastra
Gallente Federation
#12 - 2013-01-02 00:30:42 UTC
It would be cool but I don't think there is the in-game infrastructure to support anything like this.

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RubyPorto
RubysRhymes
#13 - 2013-01-02 01:15:45 UTC  |  Edited by: RubyPorto
NEONOVUS wrote:
Hence why I suggested starting with NPC corps.
I mean if you wanted to you could easily use a RNG and have it decide from a certain table how much to alter the price by.
So it could be a sink one day then a faucet the next, with players able to sell their stocks to each other freely.
For PC corps I figure that players could figure the price out on their own.

Also its called a commodities market not a stock market.


So a random number generator that spits ISK at everyone? How in the world would that be a good idea?


CCP's working on reducing the amount of NPC influence in the market, not increasing.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Hannah Flex
#14 - 2013-01-02 01:26:47 UTC
Stocks have no value in EVE would be kinda hard to assign value to, so we trade in commodities instead v0v
NEONOVUS
Mindstar Technology
Goonswarm Federation
#15 - 2013-01-02 01:50:16 UTC
RubyPorto wrote:
NEONOVUS wrote:
Hence why I suggested starting with NPC corps.
I mean if you wanted to you could easily use a RNG and have it decide from a certain table how much to alter the price by.
So it could be a sink one day then a faucet the next, with players able to sell their stocks to each other freely.
For PC corps I figure that players could figure the price out on their own.

Also its called a commodities market not a stock market.


So a random number generator that spits ISK at everyone? How in the world would that be a good idea?


CCP's working on reducing the amount of NPC influence in the market, not increasing.



Blue loot does more.
Besides I listed a method for using the fees collected for corps in place.
The rng would just be to kick start.
Sort of like how early EVE had alot of npc sell orders that are slowly being whittled down.
Nariya Kentaya
Ministry of War
Amarr Empire
#16 - 2013-01-02 02:00:05 UTC
NEONOVUS wrote:
RubyPorto wrote:
NEONOVUS wrote:
Hence why I suggested starting with NPC corps.
I mean if you wanted to you could easily use a RNG and have it decide from a certain table how much to alter the price by.
So it could be a sink one day then a faucet the next, with players able to sell their stocks to each other freely.
For PC corps I figure that players could figure the price out on their own.

Also its called a commodities market not a stock market.


So a random number generator that spits ISK at everyone? How in the world would that be a good idea?


CCP's working on reducing the amount of NPC influence in the market, not increasing.



Blue loot does more.
Besides I listed a method for using the fees collected for corps in place.
The rng would just be to kick start.
Sort of like how early EVE had alot of npc sell orders that are slowly being whittled down.

"Blue Loot Does More"

yeah sure, except EVERYOEN will eb tryingt his and getting isk spat at them.

more isk faucets are a bad idea, adn the onlyt hing to keep this from becoming an isk WATERFALL, is if the reward was so small no one would bother with the capital required to start, elsewise it WOULD create "free/passive isk" generation, as in a consatnt influx of isk for EVERY player, whether they are online or not.
Mistah Ewedynao
Ice Axe Psycho Killers
#17 - 2013-01-02 02:11:22 UTC
Start a Bank instead.

You'll be amazed at all the savvy investors in EvE. Twisted

Nerf Goons

Nuke em from orbit....it's the only way to be sure.
RubyPorto
RubysRhymes
#18 - 2013-01-02 02:11:23 UTC
NEONOVUS wrote:
RubyPorto wrote:
NEONOVUS wrote:
Hence why I suggested starting with NPC corps.
I mean if you wanted to you could easily use a RNG and have it decide from a certain table how much to alter the price by.
So it could be a sink one day then a faucet the next, with players able to sell their stocks to each other freely.
For PC corps I figure that players could figure the price out on their own.

Also its called a commodities market not a stock market.


So a random number generator that spits ISK at everyone? How in the world would that be a good idea?


CCP's working on reducing the amount of NPC influence in the market, not increasing.



Blue loot does more.
Besides I listed a method for using the fees collected for corps in place.
The rng would just be to kick start.
Sort of like how early EVE had alot of npc sell orders that are slowly being whittled down.


Blue loot isn't a random number generator spewing effort(and largely risk)-free ISK out. NPC Corps aren't going to fold or crash, so as long as you wait a couple days to figure out the range, guaranteeing a profit is trivial.

What does this kick-start? A stock market of player corps will never work because EVE Corps don't work the way RL corps do, so it won't kick start that.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Atticus Lowa
Lowa Corp Industries and Security
#19 - 2013-01-02 04:48:12 UTC
gfldex wrote:
EVE don't got a stock market because EVE don't got fiat money.


Fiat money has nothing to do with stocks... we had a stock market in the states before we dumped gold

Actually a legit stock market would be interesting to have, huge gambles... another way to destroy your rivals...
thats how we caldari would do it, BUY your rivals out.

Anyways... in the meantime its not needed, but i like giving small portions of LCIAS to my few corp mate, and later will give out dividends, maybe sell small portions of it to outsiders but probably up to say... 5% of the total shares.
I mean id love to set up banking systems... but we know how THAT turned out Lol
Skydell
Bad Girl Posse
#20 - 2013-01-02 05:05:10 UTC
I don't think they can make it work with corp wallets just being piggy banks for directors and assets that might be an alternative to liquid wallets being issued the way they are. If your corp has 1200 Ravens in Asset they get used like a military arsenal and can't really be seen as stock side assets. They might go up in flames in a day.

Have it so Corp wallets stay with the corp maybe, nobody can just dip in and the only way to get ISK out is to do a dividend payment or dissolve the corp. In addition, all insurances go to the Corp the assets are assigned to. Corporations can't insure anything but a hull any more than we can. There would need to be some sort of system to regulate mining corps. With no way to keep integrity in check, it just becomes a new and elaborate scam.
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