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Re: ROBLOX needs to add a stock market to the site

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CoolJohnnyboy is not online. CoolJohnnyboy
Joined: 09 Mar 2010
Total Posts: 17699
19 Jan 2014 02:18 PM
Yes, we all know there's one at the robloxhq site, but those games are from six years ago.

What a ROBLOX stock market here on the site will do is basically function like a real one.
You buy stocks in things such as clothing and games, and when they did good, you'd get some profit too, as well as selling a stock for a price of your choice.
Stocks could be in both robux and tickets.

And there would be a limit to how many stocks you could buy, to prevent monopolies.

This would be a great idea because this would be an easy way for users to get money that they can use to fiance their games and groups.


Support?
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marblemaster is not online. marblemaster
Joined: 13 Mar 2010
Total Posts: 17031
19 Jan 2014 02:19 PM
Sounds reasonable enough. Support.
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3rdblox is not online. 3rdblox
Joined: 09 Dec 2012
Total Posts: 4741
19 Jan 2014 03:07 PM
I would love this sort of a thing. But there's one big problem-scammers. What if a content creator sold stocks for an item then re-launched it to take back all the stocks?
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thetruck8866 is not online. thetruck8866
Joined: 15 May 2011
Total Posts: 1197
19 Jan 2014 03:29 PM
Although this may be a cool idea, some corrupt users will try and take advantage of it. Not to mention that roblox doesn;t have enough money/employees to make sure people can't abuse it. You may say, "Just make one that is just like in the real world," but in the real world you have people who watch the market to make sure nobody can break it to their benefits. Roblox just doesn't have the manpower to do something like this.
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CoolJohnnyboy is not online. CoolJohnnyboy
Joined: 09 Mar 2010
Total Posts: 17699
19 Jan 2014 06:02 PM
"I would love this sort of a thing. But there's one big problem-scammers. What if a content creator sold stocks for an item then re-launched it to take back all the stocks?"

There would be a way to solve this
When an item goes inactive/off sale, any stockholders will get a refund.

"Although this may be a cool idea, some corrupt users will try and take advantage of it. Not to mention that roblox doesn;t have enough money/employees to make sure people can't abuse it. You may say, "Just make one that is just like in the real world," but in the real world you have people who watch the market to make sure nobody can break it to their benefits. Roblox just doesn't have the manpower to do something like this."

1. They have enough moderators to view sounds
2. You could report scammers
3. Anyone who is smart knows that anyone selling a single stock for a billion tickets/robux know it is a scam.
4. They could add a limit to how high your prices can go, depending on the place's popularity.
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3rdblox is not online. 3rdblox
Joined: 09 Dec 2012
Total Posts: 4741
19 Jan 2014 06:08 PM
OK. Support then.
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Iamawesom is not online. Iamawesom
Joined: 23 Jul 2011
Total Posts: 1346
19 Jan 2014 06:09 PM
Scammers don't always sell them for a billion tickets,they can always put at a reasonable price, get rich, have the item crash and burn and repeat.

Also,why no monopoly? The definition of a monopoly is a person owning everything of that subject, not one company but, for example, all clothe creators would be one guy.

That above is impossible, so there is no need to have the limit of stocks and they can't monopolize if not everyone chooses to do stock. In the real world, people choose to make their business open or closed to the market.
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RobloMetro is not online. RobloMetro
Joined: 26 Jul 2012
Total Posts: 2121
19 Jan 2014 06:11 PM
STOCK MARKET CRASH
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CoolJohnnyboy is not online. CoolJohnnyboy
Joined: 09 Mar 2010
Total Posts: 17699
19 Jan 2014 08:19 PM
"Scammers don't always sell them for a billion tickets,they can always put at a reasonable price, get rich, have the item crash and burn and repeat."

That is what being a stock holder is. Buy sell and buy sell.

"Also,why no monopoly? The definition of a monopoly is a person owning everything of that subject, not one company but, for example, all clothe creators would be one guy."

That's bad. One guy owning an entire market would be awful.
Let's say you own a paper towel company and buy every paper towel maker, big or small.
You now have the power to make the price of paper towels a million dollars so no one can afford a roll of paper towels.
This would be the same when it comes to the stock market; monopolies are illegal in the United States for a reason.

"That above is impossible, so there is no need to have the limit of stocks and they can't monopolize if not everyone chooses to do stock. In the real world, people choose to make their business open or closed to the market."

It is possible

"STOCK MARKET CRASH"

Hopefully that would not effect the ROBLOX economy
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Buckeyeman0923 is not online. Buckeyeman0923
Joined: 06 Oct 2009
Total Posts: 6671
19 Jan 2014 08:27 PM
something else mods need to moderate. no. we already have enough moderation issues.
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CoolJohnnyboy is not online. CoolJohnnyboy
Joined: 09 Mar 2010
Total Posts: 17699
20 Jan 2014 01:48 AM
"something else mods need to moderate. no. we already have enough moderation issues."

but add the minimods as well
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AX94 is not online. AX94
Joined: 09 Aug 2011
Total Posts: 7390
20 Jan 2014 02:22 AM
I fear that Builder's Club members will take advantage of this, considering how much more money they have than us poor people.
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vibeboy1 is not online. vibeboy1
Joined: 26 May 2010
Total Posts: 2986
20 Jan 2014 03:28 AM
Were going through the great depression of roblox. This is not the right time for this to be added in. The rate of tix to robux is 16 tix to 1 not 9 to 1 like ti used to be.
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AX94 is not online. AX94
Joined: 09 Aug 2011
Total Posts: 7390
20 Jan 2014 03:31 AM
I'm actually agreeing with Vibe on this one.
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vibeboy1 is not online. vibeboy1
Joined: 26 May 2010
Total Posts: 2986
20 Jan 2014 03:36 AM
Actually?
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AX94 is not online. AX94
Joined: 09 Aug 2011
Total Posts: 7390
20 Jan 2014 03:37 AM
More often than not we've disagreed on things I'm pretty sure. Not that it really matters.
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Andreshadowhawk is not online. Andreshadowhawk
Joined: 26 Mar 2011
Total Posts: 1543
20 Jan 2014 03:44 AM
fhree odr hats!!11!11
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vibeboy1 is not online. vibeboy1
Joined: 26 May 2010
Total Posts: 2986
20 Jan 2014 03:45 AM
Oh ok.
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CoolJohnnyboy is not online. CoolJohnnyboy
Joined: 09 Mar 2010
Total Posts: 17699
20 Jan 2014 10:49 AM
"I fear that Builder's Club members will take advantage of this, considering how much more money they have than us poor people."

There are rich NBCers.
I mean, some stocks in real life can be worth only a dollar and the next day, they could be worth a thousand.
It's a game of chance.

"Were going through the great depression of roblox. This is not the right time for this to be added in. The rate of tix to robux is 16 tix to 1 not 9 to 1 like ti used to be."

Recent ROBLOX updates screwed up the tickets to robux ratio.
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yopingpongboy is not online. yopingpongboy
Joined: 16 Jun 2012
Total Posts: 227
20 Jan 2014 11:01 AM
support
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ImmortalDarkShadow is not online. ImmortalDarkShadow
Joined: 11 Jun 2011
Total Posts: 1071
20 Jan 2014 11:15 AM
lol'd
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