[Suggestion] NamePros Stock Market

[0lgi]

Hello Dear Ron and all NP Staff !

I was thinking one day about Stock Market and i would really love to have a Stock Market in NamePros where we can buy shares by using NP$

Please what do you think ?

Thanks

Olgi

 

[Matthew.]

"Cheapquality" runs a similar scheme here:
http://www.namepros.com/np-incentives/286302-np-investment-program-earn-thousands-np.html

Remember it's nothing to do with NP and use it at your own risk

Matt

 

[0lgi]

I know Fred is running the same scheme but I would like a NamePros (C) Stock Market so everyone will know that it is 100% legal and everyone can buy shares !

Thanks

Olgi

 

[Matthew.]

It would be a good idea i agree, i would feel more comfortable using something that's affiliated with NP as opposed to Cheapquality's (which i will not use).

I'm not actively looking to invest any NP$ in shares etc, but if NP came up with something to do so, i would probably do it.

Matt

 

[RJ]

One problem though, I don't have the expertise myself in investing in stocks or forex. Fred's program looks to be close to what you're suggesting. He has a good reputation and has been a NamePros member for over 3 years, so I was willing to give his program a try.

I suppose there is a possibility to make this work using the stock market. NamePros Inc could purchase a small portfolio of stocks (perhaps domain name or technology related companies) as a long term holding. Users could deposit NP$ into a bank fund that would earn or lose value based on how the stock portfolio performed. Is this kind of what you had in mind, 0lgi?

 

[Chicken]

One problem though, I don't have the expertise myself in investing in stocks or forex. Fred's program looks to be close to what you're suggesting. He has a good reputation and has been a NamePros member for over 3 years, so I was willing to give his program a try.

I suppose there is a possibility to make this work using the stock market. NamePros Inc could purchase a small portfolio of stocks (perhaps domain name or technology related companies) as a long term holding. Users could deposit NP$ into a bank fund that would earn or lose value based on how the stock portfolio performed. Is this kind of what you had in mind, 0lgi?

I think he was going more along the lines of a virtual stock market. Stocks from say yahoo or something could be used to get the ups and downs.

 

[RJ]

It's the same problem we have with offering a NP$ bank that earns your funds interest. We'd be pulling NP$ out of thin air, unless we had real stocks invested in to back it up. So when the stocks that gain in value we pass some of that on to the members who contributed to the fund.

For instance if NamePros bought 20 shares of YHOO today at $30 x 20 shares = $600. We could then sell up to 30,000 NP$ worth of "virtual shares" which would appreciate or depreciate in value based on the performance of that holding.

 

[Dan]

Then that's the same problem as buying domains with NP$. You don't actually make money from getting the NP$ paid back into the system, so you have to pay for the domain.

I just don't think the idea could work out any better than what Fred is doing. I don't really know what he's doing and I haven't read it, but as far as I can tell it seems to be the same idea and working. :/

 

[0lgi]

One problem though, I don't have the expertise myself in investing in stocks or forex. Fred's program looks to be close to what you're suggesting. He has a good reputation and has been a NamePros member for over 3 years, so I was willing to give his program a try.

I suppose there is a possibility to make this work using the stock market. NamePros Inc could purchase a small portfolio of stocks (perhaps domain name or technology related companies) as a long term holding. Users could deposit NP$ into a bank fund that would earn or lose value based on how the stock portfolio performed. Is this kind of what you had in mind, 0lgi?

Yes that is what i was thinking! Lets say there will be a list of Different Companies (Registrars or Web-Hosting) and we can buy or sell Stocks using NP$ Currency! The same scheme is being used at http://www.goldage.net/goldage-news/15838-goldage-virtual-stocks-trading-system.html so you can check how it really works! The only problem is that they are working with virtual $ but we can work with NP$

It would be really great if we had that kind of business as many people will start learning one of the biggest businesses industries in the world and have some fun at all !

Thanks

Olgi

 

[dhscott]

Something along the lines of the BBC's celebdaq you mean?

 

[0lgi]

@Daz : Yes something like that

@Bill : This is really a good idea and there is a ready vBulletin Mod for it , I will search now and post it if i can find it !

Thanks

Olgi

 

[Hitch]

@Bill : This is really a good idea and there is a ready vBulletin Mod for it , I will search now and post it if i can find it !

If you're talking about vBookie, don't waste your time, it's already installed. :tu:

Just to save your time.

 

[0lgi]

I dont think it is vBookie but maybe who knows , Im not familiar with vBulletin

Olgi

 

[RJ]

Yep, looks like there is a vBulletin mod already made for stock trading. (for vb3.5+)

http://www.vbulletin.org/forum/showthread.php?t=135084

The main difference is that at NamePros we treat our forum currency as having real monetary value. We couldn't just issue more NP$ because a stock went up, unless we had a real investment in that stock.

 

[Chicken]

Yep, looks like there is a vBulletin mod already made for stock trading. (for vb3.5+)

http://www.vbulletin.org/forum/showthread.php?t=135084

The main difference is that at NamePros we treat our forum currency as having real monetary value. We couldn't just issue more NP$ because a stock went up, unless we had a real investment in that stock.

You could always create a currency just for the stock market SM$? Just for the fun of playing it

 

[0lgi]

Well i think we can have a BETA version (free one) with N$ (NameStock Currency) and then if we see everything is going well , we can release the normal version and lets say 1 NP$ will be 2 N$ or things like that

I really like that idea , please Ron make something new as i really need to spend my NP$ :D

Olgi

 

[Alex.]

i think its a good idea, and creating a new currency is probabley the best option for the mean time, as there is fairly little risk involved.

perhaps np bussiness' could pay np to have their company names used in the game, thus generating revenue for rj!

 

[Optinom]

That'd be cool! Hope you work out something on this. We all will invest on NP!

 

[0lgi]

Thanks Smooth for being interested !

I would really like to see NP Stock Market so i hope Ron will make something for us

Olgi

 

[sb225]

then who will be the leader of stock market in np because rj told that he dont know about investing
if their is a percentage then definetly rjs money will decrease.its one the hardest thing to invest

olgi
how much you nvested and how much you gained can you post your experience of investing games

fred still not yet shown his verification email from moneybookers since MB was the frst banned gpt programs