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The BAWSAQ is by far the most interesting market. The BAWSAQ is an online market driven by the buy and sell orders of all 15M+ players. Early on, before people
by nslocum 13y ago
The BAWSAQ is by far the most interesting market. The BAWSAQ is an online market driven by the buy and sell orders of all 15M+ players.
Early on, before people started to realize how the market worked, I did some pump-and-dump schemes and made >$400M. That's a lot of money, even in GTA. Now that I have that much money I can drive stocks up or down and milk the market for all I want. GTA isn't just for blue color crime anymore.
I know that a few other players did equally well, I suspect they are doing similar market manipulating schemes.
- choult 13y ago"The BAWSAQ is by far the most interesting market. The BAWSAQ is an online market driven by the buy and sell orders of all 15M+ players." I'm surprised no Scots have popped up to point out how hilarious that market's name is ;)
- Nate75Sanders 13y agoI was thinking Southern American English, but I suspect we're on the same page.
- Tiktaalik 13y agoThe game is developed in Scotland so it must be intentional.
- choult 13y agoOh definitely - Rockstar know what they're doing :)
- mey 13y agoCare to enlighten the non-Scots?
- vinceguidry 13y agoPut on your best Scottish accent and say the name out loud. Think the Sean Connery character on SNL Celebrity Jeopardy.
- roryokane 13y agoBAWSAQ = “ball-sack”.
- tekromancr 13y agoBall Sack. It sounds like "ball sack"
- arethuza 13y ago"bawbag" is a Scottish brand of designer shorts - it is also a term of endearment between strangers in Scotland, so when meeting someone new it is traditional to shout "Hey ye big bawbag!".
- StavrosK 13y agoWhat are "pump and dump" schemes? EDIT: Oh wow, Wikipedia has everything: http://en.wikipedia.org/wiki/Pump_and_dump http://en.wikipedia.org/wiki/Pump_and_dump
- nslocum 13y agoWith the BAWSAQ it's even easier than traditional pump-and-dump. If you pour a large enough pile of dough into a stock, it goes up a ton after a delay (1-2h). So, you can purchase all you want before the price skyrockets. Other players predictably pile on because they see the stock going up; which makes the stock go higher and entices even more players to invest in the stock. You then sell all your stock for a tidy profit and watch the price, and the hopes of the other investors, collapse.