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March, 2024

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SSE SKIING BUBBLE POPED

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nopoles
Posts: 2212 - Karma: 871
Hello Everyone,

As an officer of the NS Bank, it's my sad duty to inform you all of a sudden market crash in the SSE. It seems there was a buying frenzy with loads of external venture capital that caused stock prices to skyrocket across the board. Unfortunately this explosion was unsustainable, and as of this morning the bottom fell out, the skiing stock bubble has burst.

Luckily most escaped with at least part of their savings, and the market is beginning to bounce back. Hopefully the VCs have learned their lesson. ;)

Paul
CFO, NS Bank
Jan 30 2008 12:50PM
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Frza
Posts: 438 - Karma: 10
I had over 20 g's in saving and none of it carried over. Any explanation why some kept it and others lost it all?
Jan 30 2008 12:56PM
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skiP.E.I.
Posts: 7605 - Karma: 20,103

oh that's a relief. It was kinda strange that I had like $5000 more every time i logged in.

Jan 30 2008 1:15PM
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SkiUnit03
Posts: 3597 - Karma: 114
i had over 50 grand!!! and now im worthless! this is the worst thing that has ever happened to my NS account and i think that this is a conspiracy

i was one of the top ten richest members!!!!


AND NOW I HAVE NOTHING!!!!!
Jan 30 2008 2:09PM
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St.Steezy
Posts: 4228 - Karma: 20
when the stock market crashes you don't lose all your stocks and start over again with 5g's... I should still hold all the stocks I originally held but at a much less value.. What the fuck?
Jan 30 2008 2:54PM
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RudyGarmisch
Posts: 25443 - Karma: 13,844
Fucking redic, so many people are going to bitch. Whatever, I got in early. Btw, did you fix the graphs? Those would be cool... and also a calculator to show you how much of a said stock you can afford with the current price and your available cash in that little pop up window?
Jan 30 2008 3:17PM
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Silence
Posts: 16030 - Karma: 149
A good thing that crash happened
Jan 30 2008 3:20PM
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jaylib
Posts: 4523 - Karma: 777
haha worked nicely in my favor...
Jan 30 2008 3:36PM
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Silence
Posts: 16030 - Karma: 149
Well a heap of people were on the back foot from day one..only being able to buy stocks at overinflated prices, so at least it should be fairly consistent from now on..

Does this mean new stocks will be issues and dividends will start being paid?
Jan 30 2008 3:47PM
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TheButterHashira
Posts: 9691 - Karma: 1,702
My portfolio got halved.
Jan 30 2008 4:01PM
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John.
Posts: 1327 - Karma: 11
Mine got hundredth'ed. I had 2 shares of Matt Walker which were somehow worth 52 G's a piece.
Jan 30 2008 4:31PM
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DOOF
Posts: 331 - Karma: 24
Haha the prices sure went mad. I lost about 140k of property (including a few bloated stocks) in the restart, but i understand it had to be done... hope it will be all good from now on... I just hope more new riders are gonna get listed so there will be chances for making money for also the poor members.
Jan 30 2008 5:05PM
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skiEER
Posts: 4089 - Karma: 79
my pprtfolio went from 660,000 to 0 i have no skiers left at all
Jan 30 2008 5:13PM
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freestyler540
Posts: 13046 - Karma: 18,293
nice, nothing changed for me


Jan 30 2008 5:46PM
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St.Steezy
Posts: 4228 - Karma: 20
word.
Jan 30 2008 6:43PM
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EMK
Posts: 1632 - Karma: 669
i seemed to have all the lucky ones and i just had to start with nothing at all, i don't think it's fair, i never cheated- i wouldn't know how to...
Jan 30 2008 8:11PM
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LibertySkiar
Posts: 1 - Karma: 10
i think it should show portfolio value fer the top people instead of "Richest Member" because we're trying to get the richest portfolio invested not keeping your money...and i bet the top guy didnt lose anything in the crash
Jan 30 2008 8:36PM
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skiEER
Posts: 4089 - Karma: 79
i had over 30 differnet skiers so i dotn get how they all just dissapear sucha a waste of time
Jan 30 2008 9:31PM
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estaked
Posts: 7388 - Karma: 79
Yeah it sucks.. didn't cheap was just hustling, and had to start over. Yet some people got to keep, whatever.
Jan 30 2008 10:49PM
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skodeo7
Posts: 14949 - Karma: 9,234
I went from $34,000 to about $3,500 today! So fucking weak.
Jan 30 2008 10:52PM
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toominator
Posts: 4792 - Karma: 120
i lost everyting and got 5000 cash. its bullshit I only had stocks that weren't inflated and should have been due for divedends from comps.. such as burke. although admittedly.. I possibly had held some of the inflated stocks and made a nice profit from them by noobs buying them haha
Jan 30 2008 11:32PM
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Crackaghan
Posts: 583 - Karma: 11
haha i knew this was going to happen so i sold all my stocks 3 days ago!!!

Jan 31 2008 12:14AM
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moe
Posts: 611 - Karma: 14
Yo. Just a quick suggestion.. there should really be just a Bid/Ask column like in a real market... Just listing the Sell orders really says nothing on the equity, cause you only looking at the supply and not the demand. Then you can properly value stocks, instead of just arbitrary sellers doing what they want

Ex.
If there is a stock in which only a few active traders own, then can own 10, and just sell 1 at a 50% increase, and all of a sudden their portfolio "value" doubles.

Anyways, just my two cents, maybe the sse allready has this and i juss dont see it
Jan 31 2008 1:46AM
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Rogge
Posts: 5772 - Karma: 3,867
I find it amazing how similar this program is the real stock market as that crashed recently as well.
Jan 31 2008 9:29AM
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0ptions
Posts: 2198 - Karma: 60
Hey! He's inside trading!!! get him!!!1111
Jan 31 2008 2:03PM
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Microcosm
Posts: 4765 - Karma: 153
I made a quick graph to show you the effects of this crash.
Click for larger image
Jan 31 2008 5:08PM
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Silence
Posts: 16030 - Karma: 149
fuck thats scary just looking at that chart..many many people's lives would ahve been ruined from that
Jan 31 2008 5:57PM
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Microcosm
Posts: 4765 - Karma: 153
word. that's the great ns depression for you.
Jan 31 2008 8:02PM
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TheButterHashira
Posts: 9691 - Karma: 1,702
now the dow is like 12 k right?
Jan 31 2008 9:44PM
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bigwhite.steeze
Posts: 8227 - Karma: 1,030
i win.

Richest Members
bigwhite.steeze$ - £59329.20
estcst101$$ - £13943.90
Anathematic - £13105.40
Crackaghan - £13102.00
InNeon - £12098.00
skier_boy26$ - £11764.70
jdc$ - £11048.20
SMPfreestyle - £11011.10
MR. P$ - £10679.30
bass4d - £10511.90

Feb 1 2008 12:00AM
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skodeo7
Posts: 14949 - Karma: 9,234
More like best at cheating.
Feb 1 2008 9:57AM
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bigwhite.steeze
Posts: 8227 - Karma: 1,030
I wouldnt know how to cheat my good sir.
Feb 1 2008 8:09PM
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comeatmebro
Posts: 10720 - Karma: 66
i am so pissed of at this. i had motherfucking 108,000 or so and woke up with around 11,000 the next day. wowwwwwwwwwwwwwwwwwww
Feb 1 2008 11:17PM
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doublexl
Posts: 8407 - Karma: 26
does some one want to explain to me what SSE is? im in the cult but i dont even know what it is.
Feb 2 2008 7:13PM
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Silence
Posts: 16030 - Karma: 149
skier stock exchange

https://www.newschoolers.com/web/content/sse/
Feb 2 2008 9:29PM
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colin13
Posts: 2201 - Karma: 216
bahaahahha
Feb 3 2008 9:04PM
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nopoles
Posts: 2212 - Karma: 871
Vote: Think we should just reset the market and start over?
Feb 5 2008 12:36AM
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RudyGarmisch
Posts: 25443 - Karma: 13,844
YES.

Give people a frontpage warning two days out, make a sticky so that people know that the reset will happen on X day at X hours. Shits too whack right now, the 'crash' didnt really set everything equal again after the initial issues. Also, possibly extend the contest another week?
Feb 5 2008 2:04AM
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skier_boy26
Posts: 11295 - Karma: 502
I'm liking what rowen said for sure.

I'm not sure if this is just stupid, but maybe the bank should release fewer stocks if this current state is the way it will be. Doesn't seem like it's easy for fluctuations.
Feb 5 2008 3:13AM
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alaskakid
Posts: 5540 - Karma: 430
Yes!
Feb 5 2008 3:28AM
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Bigwoods
Posts: 3116 - Karma: 76
Reset the market, would clear everything up and give everyone another shoot.
Feb 5 2008 7:01AM
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Mr.Bishop
Posts: 22671 - Karma: 75,830
Hah yeah fuck it reset!    Oh well, we gave a great try at making it work, but just biffed this one.   Sorry guys, we'll get 'er sorted out!


Feb 5 2008 1:28PM
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yelsel
Posts: 12967 - Karma: 3,451
YES PLEASE
Feb 5 2008 2:10PM
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toominator
Posts: 4792 - Karma: 120
yes! it seems like there were unequal goingons in the crash. I was up over 100k aswell and got left with 5, whereas some other people had 10 or so. but yeah reset with advance warning sounds like the ticket
Feb 5 2008 3:55PM
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St.Steezy
Posts: 4228 - Karma: 20
reset!
Feb 5 2008 8:41PM
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papasteeze
Posts: 12055 - Karma: 911
reset it..
Feb 5 2008 9:27PM
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Bigwoods
Posts: 3116 - Karma: 76
But you have to warn for before hand about the reset, cause I got my eyes on 2 guys and I wanna pounce on them before anyone.
Feb 5 2008 9:29PM
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DJSTEVEINNIAMIXX
Posts: 1859 - Karma: 1,659
yes reset. i fucked up at the start.i
Feb 5 2008 11:45PM
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bigwhite.steeze
Posts: 8227 - Karma: 1,030
peopl will always complain about they want a reset because they did bad, if you reset it again, teh sme thing will hpapen and people will want a reset again. I say just leave it and let it work itself out. Some people just arent good with the stocks so resetting it wont help those people.
Feb 6 2008 2:23PM
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.KYLE.
Posts: 1891 - Karma: 59
aren't you in first?
Feb 6 2008 3:02PM
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Microcosm
Posts: 4765 - Karma: 153
hahaha. he does have a point though. it's kind of messed right now though, with all that happened at the beginning. I'd say reset it now but not another time?
Feb 6 2008 4:16PM
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