Author

Topic: Crypto Kingdom - 1991 Retro Virtual World(City) - page 163. (Read 632696 times)

Ale
newbie
Activity: 26
Merit: 0
BID

1 @ 18
1 @ 17
1 @ 16
donator
Activity: 1722
Merit: 1036
I didn't understand the ASK/BID previously. I'm not sure i have the silver to sell, so those ASKs may be invalid.


Yes, I think this ask/bid system is quite confusing.


Sorry about that. This is the procedure for opening of the trading day in the exchanges which close for the night.

Later, silver will be bought and sold freely, including in the Queen's Pawnshop.

If you bid "5 @ 5" it means that "I am willing to purchase 5 lots of 25 coins each of 12 grams of silver each coin, at a maximum price of 5 million m per lot".

Same with ask.
sr. member
Activity: 266
Merit: 250
CKS BID
1 @ 13
Ale
newbie
Activity: 26
Merit: 0
CKS BID

1 @ 8
sr. member
Activity: 336
Merit: 250
Please start following https://twitter.com/crypto_kingdom

so that I can help properly promote it at https://twitter.com/xmrpromotions when the new version of the game is ready to launch
full member
Activity: 158
Merit: 100
I didn't understand the ASK/BID previously. I'm not sure i have the silver to sell, so those ASKs may be invalid.


Yes, I think this ask/bid system is quite confusing.

5 @ 5 for example, 5 what? 5 packs? 5 million moneritos? 5 ckg?

Plus what does it mean when you bid

5 @ 5
5 @ 6?

Are you bidding on different things?

5 @ 5 means 5 lots of 25 CKS coins for 5 mil each lot, or did I get confused too?

If you wanted 10 lots at different prices, your example of 5@5 and 5@6 would apply.
sr. member
Activity: 322
Merit: 250
I didn't understand the ASK/BID previously. I'm not sure i have the silver to sell, so those ASKs may be invalid.


Yes, I think this ask/bid system is quite confusing.

5 @ 5 for example, 5 what? 5 packs? 5 million moneritos? 5 ckg?

Plus what does it mean when you bid

5 @ 5
5 @ 6?

Are you bidding on different things?
donator
Activity: 1722
Merit: 1036
Price determination period for silver CKS ends today at 21:00 UTC.

Current Situation (numbers are trade lots of 25 coins and prices are per lot):

ASK
1 @ 25 Town
1 @ 24 Town
1 @ 23 Town
1 @ 22 Town
1 @ 21 Town
3 @ 20 King
1 @ 20 Town
1 @ 19 Town
1 @ 18 Town
1 @ 17 Town
1 @ 16 Town
1 @ 15 Ramsey
1 @ 15 Town
1 @ 14 Town
1 @ 13 Town
1 @ 12 Ramsey
1 @ 12 Town
1 @ 11 Town
1 @ 10 Ramsey
1 @ 10 Town
1 @ 9 Town
1 @ 8 Town

Matching: 7 @ 12 ; corresponding price 40,000 m/CKS ; CKG/CKS ratio = 1:17.0

BID

2 @ 15 Sir Heimo
1 @ 15 Earl noms
1 @ 14 Earl noms
1 @ 13 Earl noms
1 @ 12 Roopatra
1 @ 12 King
1 @ 12 Earl noms
1 @ 11 King
1 @ 11 Roopatra
1 @ 11 Earl noms
3 @ 10 Sir Heimo
1 @ 10 Roopatra
1 @ 10 King
2 @ 9 Roopatra
1 @ 9 King
2 @ 8 Roopatra
2 @ 8 King
2 @ 7 King
5 @ 6 King
5 @ 5 King
2 @ 5 Haruki
5 @ 4 King
5 @ 4 Haruki
10 @ 3 King
20 @ 2 King
100 @ 1 King
(Earl noms naked shorts were detected and erased)
full member
Activity: 158
Merit: 100
CKS BID:

5 @ 4
2 @ 5
sr. member
Activity: 327
Merit: 250
I didn't understand the ASK/BID previously. I'm not sure i have the silver to sell, so those ASKs may be invalid.

I do want to bid to purchase silver however.

CKS BID:

20 @ 3
15 @ 4
10 @ 5
donator
Activity: 1722
Merit: 1036
The Herald from HE The Prince of Soul proclaims:

"My Master is exceedingly glad for having received as much as 2,000 sqm of windows (WIRS) in the recent order. While there is no question whether he could utilize them all and more, he is merciful to smaller holders and is selling small amounts of windows to the needy for 250,000 m/sqm. Not for speculators. Just inform any of the admins for the project and he can tap into these windows. Offer expires when the balance of Prince of Soul WIRS in /F_OWN drops below 800 units."

The Prince of Soul has alleviated the need of windows in town, up to the limit above. This offer is therefore expired.

In IRC, the Marquess of Tavastia picked up the role of being the supplier of urgently needed windows. The price is 350,000 m/sqm and it is valid as long as supplies last (about 400 sqm remaining). This is a market price and there is no restriction on speculation, you are free to buy all of them if you wish!
sr. member
Activity: 266
Merit: 250
The ongoing silver auction is currently giving not much value to the fact that the silver is in the form of ancient silver coins that carry a premium.

In this case I will raise my bids:
1 @ 8 --> 1 @ 11
1 @ 9 --> 1 @ 12

( so in total by bids are: 1 @ 8, 1 @ 9, 1 @ 10, 1 @ 11 and 1 @ 12 )
donator
Activity: 1722
Merit: 1036
The ongoing silver auction is currently giving not much value to the fact that the silver is in the form of ancient silver coins that carry a premium.

- In copper markets, I have volunteered to buy bulk coppers at 0.5 - 1 mil each to no avail, instead the 1300s have sold for 8 - 50 mil each
- In CRxxxx gold coins, the price for a single random coin has been about 1 mil p.o. and even bulk never less than 0.5 mil
- Now we are valuing the silver coins to 0.4 mil, even though they contain recoverable material with a replacement value of 1.0 mil (unlike the gold or copper coins)!

My intention is not to push the price artificially to any direction, but once again provide information about what might be the valuation that is in line with the prices of other stuff.
legendary
Activity: 1610
Merit: 1004
Good day!

I have studied the building and repair codes and now am confident in my calculations skills for repair.

I am charging a 5% fee, so if you have not already contacted Roopatra, feel free to ask me for a quote on your repairs.

These buildings are at the lowest repair% in the Kingdom, and face imminent collapse:

Lucky Lion - 10% repair
Forte Spagnolo Palace - 29% repaired!
Paulson's Bookstore - 30%
Kronicblazer Hotel & Casino - 32%
donator
Activity: 1722
Merit: 1036
Price determination period for silver CKS ends today at 21:00 UTC.

Current Situation (numbers are trade lots of 25 coins and prices are per lot):

ASK
1 @ 25 Town (at this price you can buy the 1600s coins for yourself)
1 @ 24 Town
1 @ 23 Town
1 @ 22 Town
1 @ 21 Town
3 @ 20 King
1 @ 20 Town
1 @ 19 Town
1 @ 18 Town
1 @ 17 Town
1 @ 16 Town
5 @ 15 Earl noms
1 @ 15 Ramsey
1 @ 15 Town
5 @ 14 Earl noms
1 @ 14 Town
5 @ 13 Earl noms
1 @ 13 Town
1 @ 12 Ramsey
1 @ 12 Town
1 @ 11 Town
1 @ 10 Ramsey
1 @ 10 Town
1 @ 9 Town
1 @ 8 Town (this price gives you 25 large ancient silver coins for 8 mil)

Matching: 4 @ 10 ; corresponding price 33,333 m/CKS ; CKG/CKS ratio = 1:20.4

BID
1 @ 11 King
5 @ 10 Sir Heimo
1 @ 10 Roopatra
1 @ 10 King
2 @ 9 Roopatra
1 @ 9 King
2 @ 8 Roopatra
2 @ 8 King
2 @ 7 King
5 @ 6 King
5 @ 5 King
5 @ 4 King
10 @ 3 King
20 @ 2 King
100 @ 1 King
sr. member
Activity: 266
Merit: 250
CKS BID:

2 @ 8
2 @ 9
1 @ 10
sr. member
Activity: 327
Merit: 250
ASK

5 @ 15
5 @ 14
5 @ 13
legendary
Activity: 1610
Merit: 1004
ASK

1 @ 15
1 @ 12
1 @ 10


donator
Activity: 1722
Merit: 1036
Queen's Pawnshop opening soon

(The queen is not living in CryptoTown, but has lent her name to the Pawnshop, because she likes silver so much.)

After the excellent and immediate success of the King's Coinshop in its automated incarnation, also the shop for silver needs to be opened. As we remember, all kinds of shops have existed since time immemorial, Luigi's stone dealership being one of the originals in 1458 or so.

The amount of gold existing is 1,000 kilos, valued at 681,000 million.

The amount of silver existing is 60 kilos, and we are trying to value it now so that the pricing formulas for the coinshop can be adjusted.

Silver can only be generated from Items Credit (IC). Currently we are in a special situation that IC is technically possible to get by adding luxury to your building and immediately replacing it, which generates IC, convertible to silver. This caps the silver price to the maximum value of 85,125 m/g, which is 1,021,500 m/coin. The coins will be non-ancient 1600 series. There is no information on how long this exploit is available.

Raw silver is an important luxury resource which can easily and cheaply be formed to whatever silver has historically been used, useful or magnificently elaborate items. While its value is backed by nothing, it pays no dividends, and its quantity is not restricted, it cannot be generated out of nothing but has to be converted from IC and the conversion price is related to gold price.

Price determination period for silver CKS

We call a period which ends today at 21:00 UTC for the determination of silver price.

Everyone is invited to participate by submitting buy and sell offers for "trade lots" of CKS. One trade lot is 300 g of silver (25 coins of dates selected by the seller). The trade lot can be converted from IC for about 25.5 million so don't pay more unless you want to pay for the ancientness.

The offers will be added to the solver engine in the order of their submission. In the end of the period, the solver will match the highest buys with the lowest sells, so that the matching price is the price that clears the market (has equal # of lower sells and higher buys, which all are executed at the matching price).

Withdrawing a bid or ask is not allowed. It is allowed, though, to "raise" an existing bid/ask further from the midprice. If there is no mentioning of a raise, we treat it as an additional order.

Unless otherwise specified, the sellers whose order is filled, will sell the coins from the newest onwards, nevertheless so that 2 coins of each type are left. The buyers will have no control over what they get (but approximate equality will be followed).

Needless to say, this is an excellent way to get rid of the stupid silver that is not worth anything, and a similar speech for the buyers to the contrary!  Cheesy

Current Situation (numbers are trade lots of 25 coins and prices are per lot):

ASK
1 @ 25 Town (at this price you can buy the 1600s coins for yourself)
1 @ 24 Town
1 @ 23 Town
1 @ 22 Town
1 @ 21 Town
1 @ 20 Town
1 @ 19 Town
1 @ 18 Town
1 @ 17 Town
1 @ 16 Town
1 @ 15 Town
1 @ 14 Town
1 @ 13 Town
1 @ 12 Town
1 @ 11 Town
1 @ 10 Town
1 @ 9 Town
1 @ 8 Town (this price gives you 25 large ancient silver coins for 8 mil)


BID

5 @ 10 Sir Heimo
donator
Activity: 1722
Merit: 1036
The overhang gold sale by the Duke of New Liberty to settle his overdraft happened today in style. The Duke first restored his palace (the 2nd in preeminence after mine) in 1-C, reinforcing the structures to 120%, buying the windows from Soul and having them installed, and rebuilding the luxury level to 200%. Then he sold 5,750 CKG to pay for both the repairs and his overdraft.

My part was to record all happenings, and receive 5% of the repair bill (400 million) as a commission. Since I happened to be the admin to which the gold sale was trusted, I could not help but to wait 10 minutes and then indulge to the cheap gold and buy 2,000 CKG myself. I believe that gold is a +EV proposition with high risk but very high reward at a reasonably high probability.
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