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|Britain's Got Talent||
Challenge your friends!
CelebDAQ is fun but it's way more fun when you are playing against your friends.
- Why not get friends/people at work to join...
- Once they are signed up you can setup a league and compete against each other!
- Remember if you bring players to CelebDAQ you get a reward (subscribers get higher amounts).
- Use your custom link below to do this:
- Dividends are paid out based on how long you've held them (7 or more days returns max payout).
- If a celeb dies so does your money so choose your investments wisely.
- CelebDAQ moderators decisions are final.
- We may turn a blind eye to insider trading, we may not... your choice/risk.
- Respect other players and CelebDAQ staff - on here and any other platform.
Latest celebs to be added
|Tommy Lee Jones||
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Saturday, 25th of May 2019 @ 23:59:50
Traders Active Now: 323
This Week in Summary
A quick summary of everything's that's been going on
Haven't been watching the exchange too much this week. I've had my head buried in code for the new version of CelebDAQ but from those times I've seen it, the trending stock on the exchange has almost changed every day.
The new version is starting to come together very well. I'm trying not to deviate too much away from the existing usability but there are some changes that I think people will like.
As you've all probably noticed the dividends process has been reined in a bit as it was getting seriously out of control - especially for the players with major investments.
I've noticed that another false positive has shown up - Mr Douglas who is currently featuring quite heavily (a lot of traders have dived into investing in him) being the case in point. Just a heads up - probably not this time, but a future "tool" I need to write is one that will allow me to "roll back" the changes made to a stock due to it being falsely flagged up. It's a heck of a lot easier to say than it is to do. I expect this would involve crediting back traders with purchases made and bringing the stock price back to it's correct (original) level. Not thought that much about this but I think going forward it's something I need to do.
CelebDAQ Market Average
Last 3 months to date
- Refer a friend! - get cash for free! - see the My Account page
- Setup a league and get your friends involved - compete against each other!
- Market dividends are paid out every Sunday at 6pm.
- You can exchange savings cash for "things" - check out My Account
CelebDAQ News & Info
Info about the CelebDAQ websiteFollow @DaqCeleb
All the latest news and stuff about CelebDAQ from Andy, lead developer.
There is an FAQ section now which should cover most questions but keep checking back here often for updates as well as our twitter feed
And remember to spead the word and tell other people about us - the more that play the better this will get.
Dividends are going to change.
It was becoming obvious that the existing mechanism just wasn't working properly as some of the amounts being paid out were just getting crazy. It's a fine line between paying out tens of millions (and for some players A LOT more than this) and at the same time making it so that the amounts being earned from dividends are (sort of) in line with the earnings from buying and selling.
I'll let this weeks payment go through unaltered but from next week onwards I need to "rein in" the amounts being paid out.
As a point of reference the current formula for the dividends is very simple - it's basically whatever percentage gain has been made by a celeb is applied to your investment in that celeb - thats the amount you get as a dividend.
What I'm proposing is that this amount is lowered to say 20% of the gain. This would bring the payments more in line with the amounts earned by buying / selling stock.
So for example, say (keeping the numbers simple) - you had invested in one celeb, who'd made a gain of 10%. Ordinarily your dividend payout would therefore be 10% of whatever you'd invested in them. Making this new change would change this to 20% of 10% (or in otherwords, 2%). So therefore your dividend payment would be 2% of your investment and not 10% as before.
If anyone has any alternatives they'd like to suggest I'm all ears so feel free to contact me but I plan on introducing this after this Sundays payout.