w00t!

w00t # 1: I just passed B$ 25 trillion in net worth!

w00t # 2:

Get a Cash Advance

Chances

The Game Improvement Commission is currently sponsoring a contest to reward the 2,000,000th Chances player -- 25,000 chips, plus a side bet on guessing the date, which is currently worth 38,000 chips.

The contest has more than tripled the rate at which chances is played, as you can see in the graph (click to enlarge).

Yoga

I've been spending a lot of time with the Yoga industry lately, and it's sad to see that some blogs just don't have any links. Maybe that's because they don't have a lot to say, or maybe it's due to the fact that their linkers haven't been listed in Blogshares yet. I think they need a little linky love, so here they are:

Abigail @ Livejournal
Yoga Powers
Ashtanga Voices NYC
Museless Musings
SacredByDesign's Photos
Stretch and the City
Gretchen Robinson's Yoga Blog
Take a Grip
ExpressionEngine Expressions

Give them a read, you might learn something interesting.

2,300 Chippies Contest # 23

Blogshares provides a wide range of ways to interact with other players, besides the normal buying and selling of shares, ideas, and chips. For direct communication, one can use private messaging in the game, post on the forums, or chat in numerous IRC channels on WyldRyde. This wide range of options allows for all sorts of fun and interesting things, ranging from making complicated deals to corporate gang warfare.

One of the most exciting activities in the Blogshares community recently has been the 2,300 Chippies contests sponsored by Rantz, our Australian friend. He has created a corporation to handle communication with all of the players, and run contests ranging from math puzzles to index improvements.

The latest competition, 23rd in the series, is huge, with logic puzzles, math problems, game play, and of course the number 23 playing roles. Complex submission rules make the game challenging, while questions like “Explain why or how 20880467999847912034355032910567 is both 23 and 32” make it fun. With the bonus of annoying AXA, you’ll have a great time playing along with Rantz and the rest of the 2,300 Chippies Corporation!

Non-Premium Shares Strategies

Two weeks ago, I posted a few thoughts on growing your share portfolio as a non-premium member of Blogshares. One of my corporation members, who goes by Idiot Savant, shared his own strategies in an email to the team. Here they are:

1) Snatch up unowned blogs. Got artefacts? Use them. Go through the industries on your arte list, searching them for unowned blogs (I find Firefox's "find" function particularly useful for this). Hit them with a pressure public to buy the shares at one third of the normal price (if they're above P/E 60, PRD them first. No-one owns them, so no-one will care).

I've been doing a lot of this recently, packaging them up into parcels of a billion B$, and passing them on. I'll have another lot ready in a week or two, BTW, so if anybody wants it (who hasn't already had such a package), drop me a line.

2) Loot the dead. Look for players who have not logged in for a while (I have a list), and use your artefacts to ream out their portfolios. For this sort of thing, I tend to PRD until the P/E is < 40, then restructure and HTO. Again, they're dead, so no-one will mind.

3) If you prefer a more vigorous style of play, look for high value blogs with low P/E and steal them with restructure and HTO. They may be stolen back, or they might not be, but you'll probably make a profit. Try to avoid "friendly fire" while doing this, and remember not to steal from Robber Barons or their ex-members who are still abiding by the truce.

A good thing to do here is maintain a dead list, and sort by P/E. I do this with a folder called "Reposessed" - basically those high-value blogs which have passed through my portfolio in the past. Every time I log on, I check to see whether anything is at the top, and steal it. Most gets taken back, but its a constant source of revenue.

4) You can also loot the living, but this tends to upset people. At the moment, I'm trying to avoid doing it too much, except on the ultra-high-value (B$1,000,000+) blogs, where its a great way of making money.

Note that all of these are artefact-based strategies - so if you don't have any artes, acquire some. The cheap ones are well worth it. The expensive ones (those with ideas valued at over B$1000) don't really (or at least not through shares play), and are of interest mainly for ideas play and collectors.

Also note that the daily transaction limit doesn't apply to artefact play, so once you've made your 20 buy / sells, you can use artefacts to your heart's content to build your portfolio.

Idiot Savant is an excellent shares player, and has amassed a portfolio worth B$ 11.5 billion. You would do well to follow his advice.

Growing Shares Portfolio for Non-Premiums

Non-Premium players of Blogshares have a tough time keeping up, because they are limited in the number of transactions they can execute in any 24-hour period. There's still a good way to grow your portfolio; it won't let you compete one-on-one with the premium players, but it will get you close. I've used it to build up a 660+ blog portfolio worth an average of about $3 million each, all without tangling in the cut-throat world of the top-100 blogs.

First, you need to know that artefact-based share transactions don't get limited by the 21-turn-per-day restriction. Restructure, Hostile Takeover, and Pressure Public are great tools for acquiring blog wealth.

If you have more than 750 Karma, any vote you place on a blog automatically puts it into the industry you voted. You can use this tactically to your advantage, because each artefact has the potential to buy two different blogs in a day (if you could find ones in the right industries). If you aren't at 750 Karma yet, vote well and vote often to get there. This tactic still works, but takes more time and is limited to once per day.

One more important piece of information: when you buy a blog from the market (limited to 25% of the existing shares at one time), the price-to-earnings ratio goes up one step. When you acquire all of the shares in the blog through a Pressure Public artefact use, the P/E ratio will continue to increase every 15 minutes for about the next 2 hours. A fresh blog starting at about 1.0 P/E should end up around 80 or so.

So here's a strategy using the above information:

1) Go to the following pages and look for blogs with a low P/E and available shares:
-- Stock Tips (the current lowest P/Es in the index)
-- Lowest Priced Shares (10 lowest priced blogs)

2) Pressure public on the blogs you find, to get the available shares off the market. Look at the transactions on this blog for an example, where I just did a Pressure Public. Note how the share price increases in 8 increments, each about 15 minutes apart.



3) If you find one you want to take away from someone, use Restructure until you get 20% ownership -- usually 2 times -- then do a Hostile Takeover. Avoid doing this on blogs where the blog owner has a significant stake (> 50%), because it's hard to get the shares needed for a takeover. I just did this on this blog, and it took 4 Restructures to get over 20%.



In this case, the blog had recently crashed and was at less than B$ 0.01 per share, so the move looks pretty small, but with one hype in there I was able to get the price up over B$ 0.72, which is almost 100 times what I paid for it.

Note what happens to the price in the 2 hours after my takeover of each blog -- pretty spectacular rise in value (after a slow start). I'll update this post in a bit with images of the share price history, since the blogs will probably continue to change over time.

This whole strategy works best if you have a lot of artefacts. Vote and Moderate industries (if you have enough Karma) to get chips, which you can sell for cash. Use the cash to buy ideas for the artefacts you don't own yet. You can win chips, ideas and artefacts playing chances. You win shares in blogs too, but those are usually dead blogs not worth holding -- report the dead ones for more sigma, plus 20 chips each.

Try this whole pattern for a week or so, and watch your portfolio grow. I'll bet you can double your holdings in less than that time.

What's Happening with Ideas?

The recent trend in the Ideas market has me somewhat concerned. The total value of the market has been extremely flat over the last three weeks. This has led to a sharp decline in downward pressure on idea prices, as shown in the charts below.





The effect on player wealth has not been as severe. Has the new math run into a theoretical limit, or does this indicate a flight of wealth from ideas into some other vehicle, like corporate investment?

The New Math - a longer term view

Way back in August, Blogshares introduced "the new math," which promised to revolutionize game play by allowing idea prices to fluctuate. Before the new math, it was nothing but a constantly increasing ideas market, and the best strategy was to buy and hold the rarest ideas available.

When management turned on the new math, they decided to limit one of the factors, known as D1, because it had a bit too much power. D1 is the ratio of idea market value to total player wealth, and it sat at 0.9790. A week later (shortly after this post), it had fallen to 0.6125, and many players were convinced that the sky was falling.

Fortunately, the market correction ended and values started to climb again. In fact, player wealth tends to lead the idea market now, showing that it is certainly possible to make money in a down market. In the months since implementing the new math, the game has gone through several cycles, as management has eased the throttle on D1's impact. The chart below shows what an interesting ride it's been.



Despite the initial nervousness, players seem to have adapted well to the new math. The chart below shows that the cycles in D1 effectivity, while seemingly painful while going on, are actually becoming less of a challenge. In fact, the cycle just completed on 05 Feb saw an increase in player wealth.



Blogshares always seems to be looking for a way to keep the game interesting, and to keep players coming back for more. Its challenge is in the depth and breadth of the game, as you can see from this one tiny sliver of the game.