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On successful investment, show how many upvotes needed to break even

Open Adoggman opened this issue 6 years ago • 4 comments

When you make a successful investment, the bot should tell you how many upvotes are necessary to break even.

For example (bold part new):

307 MemeCoins were successfully invested!

You bought in at 3 upvotes. If the post reaches 40 upvotes in 4 hours, you will break even on your investment.

Your new balance is 500 MemeCoins.

In 4 hours your investment will be evaluated and I will update this comment. Stay tuned!

If this is too much information and clutters the comment, then there should be a break even calculator on memes.market.

Adoggman avatar Jul 23 '18 19:07 Adoggman

Thanks for the suggestion!

It's a reasonable proposal, but I think the general opinion on the team right now is that this ruins a bit of the "suspense" of investing. Sure, you can always use the online calculator to figure out the break-even point, and hardcore investors probably do that already, but for more casual investors we think it's probably more fun to preserve a little of that mystery. Think about the failure case: if you can tell an investment isn't doing well, and the break-even point is sitting there right there in front of you, it's just a bit more agony while you're waiting for the axe to fall.

Maybe adding the calculator functionality would be a reasonable middle ground. Unfortunately because our formula is kind of complicated there's not a clean way to compute the break-even point given these inputs, so we'd need to consider the best way to do that...

rickles42 avatar Jul 25 '18 06:07 rickles42

I have a functioning calculator here, using the most updated equations of the bot: http://memeinvestor.co.nf

And I can easily make a break-even calculator as well, if that's something that's wanted! I can start working on it anytime.

lukenamop avatar Mar 03 '19 17:03 lukenamop

Has the stance changed? I'm not sure what suspense this has, it's more information and statistic. And anyway, most investments succeed so you're better just putting it there than leaving noobs to work out their own ends. It would also actually kindof educate them (since some people in MemeEconomy don't know much about this stuff unlike people in Meme Factory and the top 200 or so.)

Keanu73 avatar Jun 07 '19 17:06 Keanu73

@thecsw Do you reckon we should implement this?

Keanu73 avatar Jun 12 '19 11:06 Keanu73