Crypto Kingdom - 1991 Retro Virtual World(City)

[saddambitcoin]

Where can I check the windows sqm needed for my house. I purchased one of the HM's starter kit's houses. 2-W-L10.

Usually can be found in the /BLDG tab, but for some reason your house is not there. I do see it is noted in the /LOT tab. Not sure why.

Ask Roopatra, she is an expert on buildings.

[Roopatra]

The Prince of Soul decided that 1,000 mil is just not enough of a compensation for his early years' home, the first in King's Park area. He renovated it for 60 mil to have it in top shape and is withdrawing the property from the market. If anyone else is willing to sell 1-C and 1-N real estate (these 2 are the original chapelries in town in 1430), in light of the trades yesterday, they might be in demand now.

The historical North Gate Tavern in King´s Park in 1-N has been listed for sale. This plot was a gift from His Majesty a long time ago on the 50th arriversary of his reign, and since 1454 The North Gate Tavern has been standing on it. A meeting place at the North Gate: the first watering hole for the thirsty travelers arriving to the city from the north.  Now in the year 1600 the tavern has been fully repaired to 120%, all windows fitted, and luxury updated as well. The tavern is protected by King´s decree, and no structural changes to the building are allowed.

Dame Roopatra
The Marchioness of Neverland

[rpietila]

The Silver is found!


For months, we have been pondering where the silver is, which has been accumulated from the foreign trade, etc. during the Ancient Era (converted from AIC during the previous conversion round in March).

All that the people have seen are warehouse receipts and it has even been questioned that the integrity of the Town is no better than that of the New York Mercantile Exchange...

When the Town again started administration and the Halls of Justice in 2-C were renovated, the silver was found there in crates!

Finally we get to see what the silver practically looks like   - - - It is sloppily minted coins, the dies have been changed only after 10 years, so that all the coins from the certain decade look the same and are fungible. All coins weigh 12 grams, so are significantly larger than the 5-gram gold coins (gold is almost twice as dense as well..) Because historically silver has been costing 1:16 of the gold price, one coin should be valued at 0.75 CKG (currently: 550,000 m). The actual value will of course fluctuate based on the demand for silver (this is the form of silver that you have to melt down to gain material for all your projects) or the collector interest towards certain very, most or ancient dates.

Also it seemed that the Town had always charged a 20% import duty, because as long as the records were available, 20% of all silver had been recorded to the Town. Nobody remembers when and why this has taken effect but unless it is repealed, it shall be continued.

The silver in now registered as coins weighing 12 grams each, in /F_OWN

In total, 3,275 trade silver coins exist, but more will probably come to existence as part of the new AIC conversions. The older and more rare mintages will probably experience a premium, as several mintages are in the ~20 coins range which with gold coins has proven to be in demand. The number of objects from the 1300s (very ancient) grew by 143, and is now about 250 (143 silvers, 100 coppers and very few other items). This is the final number because no ancient objects can be made any more and the last ones already existing have now been found.

The King is missing 2 specimens from the complete set, which he exhorts everyone to collect as long as it's affordable. So many things once commonplace in the game have become rich mens' hobbies.

The Town has not decided what to do with the silver wealth. The council is having more important things to do at present.

For AIC valuation purposes, one 1600-series 12 gram trade silver coin can be converted from 5.5 AIC in the year 1600 (present).

[rpietila]

General Announcement



Crypto Kingdom is steaming on at full speed.


- Refer to the previous announcements for events during the last 72 hours, they are many;

- IC (formerly AIC) conversion will be enabled soon, so that the IC from Repair Projects can be spent;

- Building will be made possible soon, likely creating a boom in construction resulting in a windfall for the Town, the pools and dividends to the gold owners;

- It has not been decided if the time will be set on in the GoogleDB version anymore, but the activity in T_MON suggests that it could be done (19 entries so far today in the King row alone);

- The Ultima version Blitzkrieg session started on Monday (yesterday). We are using agile methodology in the scrum framework, having meetings every 2-3 hours and doing 16-hour workdays. The goal is to release the first iteration of the "game" tomorrow (!) for public viewing and proceed to have the engine, basic UI and database components ready in 2 weeks. The complete game having a conceptually advanced engine and more features than V.4-V.5 is set to be ready for playing in November and finished by Christmas;

- Trading is enabled for everything, so you can make your choice what to buy when the prices are still sticky in their previous levels.

[rpietila]

The overhang gold sale by the Duke of New Liberty to settle his overdraft happened today in style. The Duke first restored his palace (the 2nd in preeminence after mine) in 1-C, reinforcing the structures to 120%, buying the windows from Soul and having them installed, and rebuilding the luxury level to 200%. Then he sold 5,750 CKG to pay for both the repairs and his overdraft.

My part was to record all happenings, and receive 5% of the repair bill (400 million) as a commission. Since I happened to be the admin to which the gold sale was trusted, I could not help but to wait 10 minutes and then indulge to the cheap gold and buy 2,000 CKG myself. I believe that gold is a +EV proposition with high risk but very high reward at a reasonably high probability.

[rpietila]

Queen's Pawnshop opening soon

(The queen is not living in CryptoTown, but has lent her name to the Pawnshop, because she likes silver so much.)

After the excellent and immediate success of the King's Coinshop in its automated incarnation, also the shop for silver needs to be opened. As we remember, all kinds of shops have existed since time immemorial, Luigi's stone dealership being one of the originals in 1458 or so.

The amount of gold existing is 1,000 kilos, valued at 681,000 million.

The amount of silver existing is 60 kilos, and we are trying to value it now so that the pricing formulas for the coinshop can be adjusted.

Silver can only be generated from Items Credit (IC). Currently we are in a special situation that IC is technically possible to get by adding luxury to your building and immediately replacing it, which generates IC, convertible to silver. This caps the silver price to the maximum value of 85,125 m/g, which is 1,021,500 m/coin. The coins will be non-ancient 1600 series. There is no information on how long this exploit is available.

Raw silver is an important luxury resource which can easily and cheaply be formed to whatever silver has historically been used, useful or magnificently elaborate items. While its value is backed by nothing, it pays no dividends, and its quantity is not restricted, it cannot be generated out of nothing but has to be converted from IC and the conversion price is related to gold price.

Price determination period for silver CKS

We call a period which ends today at 21:00 UTC for the determination of silver price.

Everyone is invited to participate by submitting buy and sell offers for "trade lots" of CKS. One trade lot is 300 g of silver (25 coins of dates selected by the seller). The trade lot can be converted from IC for about 25.5 million so don't pay more unless you want to pay for the ancientness.

The offers will be added to the solver engine in the order of their submission. In the end of the period, the solver will match the highest buys with the lowest sells, so that the matching price is the price that clears the market (has equal # of lower sells and higher buys, which all are executed at the matching price).

Withdrawing a bid or ask is not allowed. It is allowed, though, to "raise" an existing bid/ask further from the midprice. If there is no mentioning of a raise, we treat it as an additional order.

Unless otherwise specified, the sellers whose order is filled, will sell the coins from the newest onwards, nevertheless so that 2 coins of each type are left. The buyers will have no control over what they get (but approximate equality will be followed).

Needless to say, this is an excellent way to get rid of the stupid silver that is not worth anything, and a similar speech for the buyers to the contrary!  

Current Situation (numbers are trade lots of 25 coins and prices are per lot):

ASK
1 @ 25 Town (at this price you can buy the 1600s coins for yourself)
1 @ 24 Town
1 @ 23 Town
1 @ 22 Town
1 @ 21 Town
1 @ 20 Town
1 @ 19 Town
1 @ 18 Town
1 @ 17 Town
1 @ 16 Town
1 @ 15 Town
1 @ 14 Town
1 @ 13 Town
1 @ 12 Town
1 @ 11 Town
1 @ 10 Town
1 @ 9 Town
1 @ 8 Town (this price gives you 25 large ancient silver coins for 8 mil)


BID

5 @ 10 Sir Heimo

[saddambitcoin]

ASK

1 @ 15
1 @ 12
1 @ 10

[sphericon]

ASK

5 @ 15
5 @ 14
5 @ 13

[Roopatra]

CKS BID:

2 @ 8
2 @ 9
1 @ 10

[rpietila]

Price determination period for silver CKS ends today at 21:00 UTC.

Current Situation (numbers are trade lots of 25 coins and prices are per lot):

ASK
1 @ 25 Town (at this price you can buy the 1600s coins for yourself)
1 @ 24 Town
1 @ 23 Town
1 @ 22 Town
1 @ 21 Town
3 @ 20 King
1 @ 20 Town
1 @ 19 Town
1 @ 18 Town
1 @ 17 Town
1 @ 16 Town
5 @ 15 Earl noms
1 @ 15 Ramsey
1 @ 15 Town
5 @ 14 Earl noms
1 @ 14 Town
5 @ 13 Earl noms
1 @ 13 Town
1 @ 12 Ramsey
1 @ 12 Town
1 @ 11 Town
1 @ 10 Ramsey
1 @ 10 Town
1 @ 9 Town
1 @ 8 Town (this price gives you 25 large ancient silver coins for 8 mil)

Matching: 4 @ 10 ; corresponding price 33,333 m/CKS ; CKG/CKS ratio = 1:20.4

BID
1 @ 11 King
5 @ 10 Sir Heimo
1 @ 10 Roopatra
1 @ 10 King
2 @ 9 Roopatra
1 @ 9 King
2 @ 8 Roopatra
2 @ 8 King
2 @ 7 King
5 @ 6 King
5 @ 5 King
5 @ 4 King
10 @ 3 King
20 @ 2 King
100 @ 1 King

[saddambitcoin]

Good day!

I have studied the building and repair codes and now am confident in my calculations skills for repair.

I am charging a 5% fee, so if you have not already contacted Roopatra, feel free to ask me for a quote on your repairs.

These buildings are at the lowest repair% in the Kingdom, and face imminent collapse:

Lucky Lion - 10% repair
Forte Spagnolo Palace - 29% repaired!
Paulson's Bookstore - 30%
Kronicblazer Hotel & Casino - 32%

[rpietila]

The ongoing silver auction is currently giving not much value to the fact that the silver is in the form of ancient silver coins that carry a premium.

- In copper markets, I have volunteered to buy bulk coppers at 0.5 - 1 mil each to no avail, instead the 1300s have sold for 8 - 50 mil each
- In CRxxxx gold coins, the price for a single random coin has been about 1 mil p.o. and even bulk never less than 0.5 mil
- Now we are valuing the silver coins to 0.4 mil, even though they contain recoverable material with a replacement value of 1.0 mil (unlike the gold or copper coins)!

My intention is not to push the price artificially to any direction, but once again provide information about what might be the valuation that is in line with the prices of other stuff.

[Roopatra]

The ongoing silver auction is currently giving not much value to the fact that the silver is in the form of ancient silver coins that carry a premium.

In this case I will raise my bids:
1 @ 8 --> 1 @ 11
1 @ 9 --> 1 @ 12

( so in total by bids are: 1 @ 8, 1 @ 9, 1 @ 10, 1 @ 11 and 1 @ 12 )

[rpietila]

The Herald from HE The Prince of Soul proclaims:

"My Master is exceedingly glad for having received as much as 2,000 sqm of windows (WIRS) in the recent order. While there is no question whether he could utilize them all and more, he is merciful to smaller holders and is selling small amounts of windows to the needy for 250,000 m/sqm. Not for speculators. Just inform any of the admins for the project and he can tap into these windows. Offer expires when the balance of Prince of Soul WIRS in /F_OWN drops below 800 units."

The Prince of Soul has alleviated the need of windows in town, up to the limit above. This offer is therefore expired.

In IRC, the Marquess of Tavastia picked up the role of being the supplier of urgently needed windows. The price is 350,000 m/sqm and it is valid as long as supplies last (about 400 sqm remaining). This is a market price and there is no restriction on speculation, you are free to buy all of them if you wish!

[sphericon]

I didn't understand the ASK/BID previously. I'm not sure i have the silver to sell, so those ASKs may be invalid.

I do want to bid to purchase silver however.

CKS BID:

20 @ 3
15 @ 4
10 @ 5

[camu6]

CKS BID:

5 @ 4
2 @ 5

[rpietila]

Price determination period for silver CKS ends today at 21:00 UTC.

Current Situation (numbers are trade lots of 25 coins and prices are per lot):

ASK
1 @ 25 Town
1 @ 24 Town
1 @ 23 Town
1 @ 22 Town
1 @ 21 Town
3 @ 20 King
1 @ 20 Town
1 @ 19 Town
1 @ 18 Town
1 @ 17 Town
1 @ 16 Town
1 @ 15 Ramsey
1 @ 15 Town
1 @ 14 Town
1 @ 13 Town
1 @ 12 Ramsey
1 @ 12 Town
1 @ 11 Town
1 @ 10 Ramsey
1 @ 10 Town
1 @ 9 Town
1 @ 8 Town

Matching: 7 @ 12 ; corresponding price 40,000 m/CKS ; CKG/CKS ratio = 1:17.0

BID

2 @ 15 Sir Heimo
1 @ 15 Earl noms
1 @ 14 Earl noms
1 @ 13 Earl noms
1 @ 12 Roopatra
1 @ 12 King
1 @ 12 Earl noms
1 @ 11 King
1 @ 11 Roopatra
1 @ 11 Earl noms
3 @ 10 Sir Heimo
1 @ 10 Roopatra
1 @ 10 King
2 @ 9 Roopatra
1 @ 9 King
2 @ 8 Roopatra
2 @ 8 King
2 @ 7 King
5 @ 6 King
5 @ 5 King
2 @ 5 Haruki
5 @ 4 King
5 @ 4 Haruki
10 @ 3 King
20 @ 2 King
100 @ 1 King
(Earl noms naked shorts were detected and erased)

[futureofbitcoin]

I didn't understand the ASK/BID previously. I'm not sure i have the silver to sell, so those ASKs may be invalid.

Yes, I think this ask/bid system is quite confusing.

5 @ 5 for example, 5 what? 5 packs? 5 million moneritos? 5 ckg?

Plus what does it mean when you bid

5 @ 5
5 @ 6?

Are you bidding on different things?

[camu6]

I didn't understand the ASK/BID previously. I'm not sure i have the silver to sell, so those ASKs may be invalid.

Yes, I think this ask/bid system is quite confusing.

5 @ 5 for example, 5 what? 5 packs? 5 million moneritos? 5 ckg?

Plus what does it mean when you bid

5 @ 5
5 @ 6?

Are you bidding on different things?

5 @ 5 means 5 lots of 25 CKS coins for 5 mil each lot, or did I get confused too?

If you wanted 10 lots at different prices, your example of 5@5 and 5@6 would apply.

[XMRpromotions]

Please start following https://twitter.com/crypto_kingdom

so that I can help properly promote it at https://twitter.com/xmrpromotions when the new version of the game is ready to launch