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Post by Michael Dervin OCS on Nov 21, 2007 9:32:45 GMT -4
I have set up a virtual stock exchange on VSE.com, this is a game where you start out with $100,000 and play the stock market, based on US Companies or Companies created by you. To join and for further information: 1.Open this link and read the competition summary: vse.markethingych.com/Game/GameOverview.aspx?id=Ociagov For Some Reason this Forum keeps putting the above URL as markethingych, when it should be (MARKET(WAT)CH) (remove Brackets), so please REPLACE vse.markethingych.com.... with vse.market(WATCH).com... (with WATCH in lower case and no brackets)2. Click on the 'Join Game' link. 3. If you are an existing Virtual Stock Exchange member, enter your Email address and Password in the login panel and get set to trade. If you are a new user, follow the link to register - it's easy! 4. Follow the instructions and start trading!
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Post by Michael Dervin OCS on Nov 21, 2007 15:27:10 GMT -4
What I was hpoing to do with this is as follows:
1. People who decide to join can convert their Tolars into VE$ (Virtual Exchange) at a rate set by the Ministry of Finance. As you get VE$100,000 to start off with, this exchange rate shall be fixed. E.g. Someone Pays $500 Tolars to get VE$100,000.
2. They Put their money in the Virtual Stock Exchange for as long as they want and can invest in any company they wish, created or real. They will earn or lose money based upon their investment.
3. The Government in the mean time is free to spend the Money or place it in a High Interest Account.
4. After they are finished with the Stock Exchange, they can convert thier VE$ back into $Tolars at the rate set by the MoF. The MoF may apply a Income Tax to the Person when they are re-converting back or if they make a profit.
5. Commission made from the Stock Exchange Trades shall go to the Treasury to aid fiture development Projects as per the fiscal policy.
6. This Exchange is open To All, All Non-Citizens must Buy Tolars from the Ocian Government in exchange for their own currency (plus commission) before buying VE$ in the Ocian Sotck Exchange.
7. The MoF, reserves the right to deny addmission to the Stock exchange or to exchange Tolars/Other from any person them deem not suited to this System.
8. The VSE Admin, shall publish on demand the amount made in commission to the MoF and all other details that they require regarding the SE.
What do you think?
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Post by Matt Kovac on Nov 21, 2007 18:50:50 GMT -4
That Is a very good and interesting idea. Feel free to procede with this. By the way the link is the wrong one I think.
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Post by Michael Dervin OCS on Nov 21, 2007 19:06:22 GMT -4
As you have a Censored word thing on the word T-W-A-T (I had to put it like that or is would be censored, just remove the "-") I put in italics above how to get arount it by putting, market-watch (remove the "-") instead of markethingych.
Sorry about this!
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