^TEAM EtherStocks ^ Now we live in a time where we are constantly bombarded with half baked ideas. In a blue moon we arrive to a point where we actually profit, long term that is from a idea we read online. Those ideas could indeed be extremely profitable to a point where you can put a sock in your bosses mouth. The trick is holding on to the idea/website/service. If everyone tells you not to sell a stock or a dream that wouldn't make you a dreamer ( one who holds due to his aspirations and beliefs). You need to find something you can hold and not have to deal with the fear of losing. Join something you believe in if not trust. Join something you can grow with. We are people of evolution and now we have cryptocurrency and are in a path to flourishing with currency. Etherstocks.net is a new and daily improving website where we partner with game creators to bring back to the community and spotlights to those who put sweat and blood into their projects. Its simple. Join our discord and be welcomed with a smiley and a emoji! We will bring the basics to you @ Etherstocks.
Https://discord.gg/cMmV2H - I am SQ. Pleased to meet you :)
Back to business! We offer BOTD (BUY OF THE DAYS) we are a family but a family of wolves lol. We calculate which stock will give us the maximum dividends as a whole (no-one is left out) and we coordinate a buy letting our community know beforehand.
The way this site works is. When you buy the website takes 15% and selling raises the price of the stock THIS IS DEFINITELY A GAME OF HODLING MY FRIENDS!!
HOW TO PLAY-
In order to use this website, your browser needs to have the browser extension MetaMask installed. After that, you will see numerous stocks available for purchase in the table below.
DayTrader:
This is a high risk, high reward game of hot potato, buy a meaningless asset and hope someone else buys it from you for 1.5, or 2x the price. With every purchase the clock resets to 24hrs, but when the clock runs out the fairy tale ends, and the price goes back to 0.005. Not for the faint of heart! (fees will be used to promote and pump the real, fake stocks).
NightTrader:
Like the day trader except a percentage of every purchase goes into a jackpot, and with every buy the timer resets to 6 hours. The last one to buy when clock runs out wins 70% of jackpot, the rest will be used to start a new jackpot, and the devs will put their share into pumping the stock associated with the winning bid (usually in about 24hrs, so get in before them and make some dividends!).
EtherStocks:
There are multiple actions that you can do with each stock:
1
Buy - Purchase shares at the current buy rate.
2
Sell - Sell your shares at the current sell rate - ETH will be deposited into your dividens.
3
Withdraw - Withdraw your dividends into your Ethereum network.
4
Reinvest - Purchase shares using ETH using your dividends for the current stock.
5
Get out - Sell your shares and withdraw dividends immediately.
Each time a share is purchased, the rate for subsequent purchaes will be increased by 0.25%.
Additionally, each time a share is bought or sold, 10% from the transaction will be distrubuted between all shareholders as a dividend.
Therefore, you can earn money in multiple ways:
1
Buy low, sell high - classic.
2
Buy and hold - get money from dividends when price fluctuates.
Disclaimer - This game is purely fantasy, and only to be used for entertainment purposes.
Good luck.
FAQ
Q. What exactly is this site?
A. This is a game; the rules are simple, try and make money buying and selling “stocks”. You can do this in a couple ways, you can simply buy low, sell high, or you can hodl and collect dividends.
Q. Can I make money playing this game?
A. Sure you can, but you can lose it too, look at this as strictly entertainment, whatever you are willing to spend on any other game is probably a good amount to spend on this game.
Q. What causes "stocks" to go up or down and how are dividens paid?
A. When someone buys or sells shares of any stock 10% of the buy/sell price is given as dividends to all owners of that stock based on how many shares they own. The price of shares will go up by apprx .25% after purchases, and decrease by apprx .25% after each share is sold. That’s it, there is no other way to change, or manipulate prices outside of buying and selling.
Q. Are there any fees or commissions?
A. No, there are no commissions or rake of any kind. Each “Stock” is really its own smart contract, and they are all identical. The only fees would be the gas paid to send money through Metamask, you can read about this here.
Q. What is a smart contract?
A. A smart contract, also known as a cryptocontract, is a computer program that directly controls the transfer of digital currencies or assets between parties under certain conditions. These contracts are stored on blockchain technology, a decentralized ledger that also underpins Ethereum and other cryptocurrencies. Simply put a smart contract self-executes the “if-this-then-that” conditions coded onto it. These contracts are connected to the Ethereum blockchain, so as long as Ethereum exists these contracts exist.
Q. Wait, are you saying that if I buy some of one of these stocks and never sell I can keep collecting dividends forever?
A. Well forever is a long time, but again as long as Ethereum exists these contracts do too.
Q. Here’s to going Viral!
A. Indeed.
Q. How do the "Day Trader" stocks work?
A. Day trader stocks are a faster paced game of "Hot Potato" pass the potato back and forth for some quick gains, but be weary as if you are the last one to buy the "Day Trader" stock and nobody else buys it within the next 24 hrs, you lose and the balances reset.
Q. Are there fees with the "Day Traders"?
A. Yes, but the great thing is that the 10% Dev fees will go into pumping up the stocks increasing share value, and dividends!
Q. Okay, what about if the site crashes?
A. The website has nothing to do with these individual contracts other than displaying and linking to them. Again, these contracts live on the Ethereum blockchain. However, in the event the website is down and you want to withdraw all your funds you can do so by going navigating through MetaMask to “view account on etherscan” you can then copy the addresses to the “stocks” smart contracts that you had invested in and send a transaction through metamask to those addresses for 0 Eth with a 150k gas limit and "0xb1e35242" under ‘additional data’ for your own personal exit scheme. This is the getMeOutOfHere() function on the contract and will cash you out of all tokens and dividends. (Soon you will be able to copy a list of all portfolio addresses right from your portfolio page) This information and the direct links to all contracts on this site are also listed on our discord server
More info and ask questoins on our Discord :
EtherStocks Twitter: https://twitter.com/EtherStocks
EtherStocks Reddit: https://www.reddit.com/r/EtherStocks
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