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jr conlin's ink stained banana

2003-05-05

::Insider Blogging

i've sorta lost interest in Blogshares, which i regret because Matt is very active with it. i guess the problem i have is not just that there's no balance in the process, but the lingering suspicion that if i play out the cycles correctly, have two (or more) blogs, i could in theory use insider trading tactics to really build up insane levels of money, simply by tracking blogshare hits and parlaying inbound and outbound links, including posting links from inlined comment sections and trackbacks like what Steve and i have.

Boy, that's a messy problem. Mwah-ha-ha

Matt
2003-05-05 - 12:09:24

I don't know about htat . . .

I have insane levels of money, and i don't insider trade . . .

Admittedly, i'm about the only member of the top 22 who hasn't, but still . . . I could show you some great tactics!


steveo
2003-05-05 - 12:29:12

You're making it too complicated, JR. All you have to do is bulk-buy all the available shares of a blog, which jumps the price, and then you dump the shares. There's no balance in the game that way and you make money hand-over-fist.

I'm kinda losing interest in it myself since there's no real game-play in it to speak of. It's not as well structured as HSX.


Matt
2003-05-05 - 17:18:10

We're working on that steve. It is after all, a very new system, and HSX has been going a few years now? (OK wrong place i know but . . .)


john
2003-05-05 - 18:24:35

I don't really get blogshares. I can see how it would be fun/interesting if it did not have the problems mentioned. Then again, I'm not exactly sure how to fix it. It seems like even if there were some fixed market value for all blogs, it would still be exploitable. Also, how would new sites be handled? Would the value of all existing blogs drop proportionally?


steveo
2003-05-05 - 18:48:40

I just noticed that you've tied the uH forum smilies into your blog. Brilliant.


jr
2003-05-05 - 19:07:51

Well, hey, they're really cheap for me to link to.

As for blogshares, the problem is that it's DAMN hard to emulate a financial system. There are lots and lots of factors, constraints and controls. Hell, NASDAQ is the closest I've seen to a reasonable, working facsimile of it.


steveo
2003-05-05 - 19:14:29

True. But in the case of Blogshares, the key thing to remember is that it's a game. Realism should take a back seat to entertainment IMHO.


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