Here is how Meepcraft's players are using the stock market to exploit millions of meebles.

Many players, even a staff member are using the in-game stock market to exploit millions of meebles.

Here's how:
The U.S. stock markets open at 9:30am EST. The in-game stock market is supposedly "live". This is not possible. I am going to college for Finance, and I use many stock market apps on my phone. All stock simulators that I have always have a 15 minute delay. So, after not playing on Meepcraft for a couple of weeks, suddenly at 9:30am EST tons of people are now using the stock market! Before, it would be empty.

Here is where the cheating and exploiting come into play. Players log in when the stock market opens, then open up their web browser and go to any stock website. They head and find the "Market Gainers". These are stocks that was risen the most since their previous close. Players have a 15 minute window to find out which stocks go up the most. So, the REAL stock market opens at 9:30, but the Meepcraft stock market opens at 9:45. They buy a stock before 9:45, then when 9:45 comes they sell it with 100% guarantee of profit.

I tested this theory out, it worked pretty well.

Yes, that's 35 billion meebles. I started out with about 3.5 million.
This is an extreme example, this stock just happened to go up a ton.


Even Meepcraft's staff members are joining in the fun. Paincake puts all of his 60mil into the market. I thought I took a screenshot from after he sold, but it was more than 62mil. An easy 2mil meebles gained in a few minutes? Seems fishy.


You may think that these players are simply using the stock market as normal, but I promise you this is not the case. These players are clearly and willingly violating the rules. A moderator should know better than this. He should be the one getting this shut down. I found this disgusting.

Also, Please remove that 35 billion from my account and leave me with my original amount of money.

This is not only a bug report, but also a player report.

If anything needs clarified or explained more, please reply below.

Thank you,
-M

--- Double Post Merged, Dec 21, 2015, Original Post Date: Dec 21, 2015 ---

Update:
It is 30 minutes after the Meepcraft stock market has opened. Not a soul in sight.



Update #2:
My balance has been set back to the original balance.
I owned 94% of the server's total money.
Some serious damage could be done to the economy if this got into the wrong hands.

 

@PainCakexx1997

 

he saw it as soon as it was made and was in a TS channel with reggles this morning. You can probably assume they were talking about this..

I like how he was the one doing this, yet he was also the one complaining about economy flow. See suggestions.

 

So you are saying that pain was reporting this? Last Friday Paincake was there. Same time, doing the same thing.

How do you think he got 60mil in the first place?

 

nope, I'm saying this morning,shortly after this thread was posted reggles and pain were both in a channel, probably talking about this. I obviously don't know for sure what was said, but you can assume with common sense that was the main subject.

 

I highly doubt this, as I would've expected this to be reported and taken care of on Friday instead of Monday.

 

Let me rephrase.
If this was being talked about, reggles would have been either telling pain not to do it again, asking how it worked, or both.

 

The stock market villagers are gone.

--- Double Post Merged, Dec 21, 2015, Original Post Date: Dec 21, 2015 ---

I say make the villagers disabled during opening times.

 

This is actually an amazing idea. That will fix the problem and you can still use it.

 

Basically we just need to set a delay. Have it open on meepcraft 30 mins-an hour after the current time.

 

I'm so confused But I read some and it's an advantge all right

That sounds like a good idea though

Same for this

Also I'm in the second picture at the bottom of chat I'm so famous! I'm like Reggles

 

He had loans. I gave him 64mil too...

--- Double Post Merged, Dec 21, 2015, Original Post Date: Dec 21, 2015 ---

Also I don't believe the 35bil. Where did it go. No stocks would go up that much to make from 3.5mil... That would mean it went up 1000% and that is highly unlikely.

 

I say leave it how it is

 

Also how did you get rid of 35bil so easily? Did you give it to an admin?

 

Make it so players can't invest over 1 mil or another amount when the market opens

 

Also, if you can make 35bil you should do stocks in real life and make a ton

 

In real life, by buying the stock you would impact the price. Here in Meep, your stock purchase doesn't impact the real market in any way.

There's still another way to exploit the stock market that no one has figured out yet, but I'm not telling...

 

True.

 

Ikr! The stock market is a way fo playes to make money if they choose the right stocks... ok? no need to remove it just because some players got money! Jeez Minigun!

 

umm