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Well that’s a new one. A little over three years ago, the gaming world was introduced to Twitch Plays Pokemon. A crazy experiment where the viewers would comment the input they wanted to happen. It caught like wildfire, with tens of thousands of people watching in fascination. After starting a phenomenon that sprouted copy cats everywhere, Twitch Plays Pokemon changed the way games are viewed. An interactive aspect became a major selling point for viewers. Now Twitch promotes games that have an interactive portion for viewers of the games streamers play. Now, it’s gone one step further with the latest Twitch Plays incarnation. Twitch Plays the Stock Market.

How it Works

It sounds crazy, but it works. At least, it works mechanically so far. Anybody watching the stream is able to participate in the buying and selling. Every five minutes there is a continuous round of voting on what action to do. Either buy a certain stock, or to sell it. Any stock that is listed on the financial service Robinhood is available for trading. However, there are some restrictions as well. Because of the frequency of trading occurring, Twitch Plays the Stockmarket is considered a day trader. Any day trading account on Robinhood needs to have at least $25,000 in its account to not be locked out. Otherwise day trading accounts are locked out from trading for 90 days. Additionally, stocks that are deemed “too volatile” are not available for trading. Robinhood defines these stocks as follows:

  • Low dollar value (<$3.00) stocks. Given their low price, they are at at high risk of being de-listed from the exchanges.
  • Leveraged ETFs. These securities are re-balanced daily and decay in value over time.

The Money

It’s hard to tell whether this experiment will have any kind of success. Twitch Plays series have had varying amounts of success. There have been people who beat punishingly hard games like Dark Souls. Others have had trouble navigating a simple maze and gotten stock for hours, and even days. The account attached to this experiment started out with $50,000, and it hasn’t moved all that much. And the risks of day trading is that it can all go away in a puff of smoke. About $13,000 of the account have been invested so far, and the group is feeling very bullish.

There isn’t a real strategy to the buying and selling of everything, but so far technology stocks are popular. Google, Tesla, and Nvidia are all popular in the voting rounds. But other stocks have been bought simply for the name. Like when they bought the stock CAKE. (It’s the Cheesecake Factory if you’re interested.) It’s going to be interesting watching how this index performs as time goes on. There’s no telling where things will go, as even the best stock brokers admit that things can change at any given moment. Who knows though, maybe this will prove that anarchy rules the economy.

Stocks

 

 

 

I've always been a gamer. Way back when I was sitting on the basement floor with my sister playing Spyro and Madden '99 I knew what my future was. Gaming. Now I try to squeeze as much gaming in as possible when I'm not in class at Bellarmine University.

Gaming

Amazon’s great Fallout TV show is nominated for 16 Emmys

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Critics and fans alike went crazy for Amazon’s take on the famous role-playing game series Fallout. There were a lot of nominations for 16 Emmy awards, including Best Actor and Outstanding Drama Series. The show was able to reach audiences outside of gamers and got a lot of attention from the industry.

Eurogamer has been keeping track, and now that all the votes are in, Fallout is tied for fifth place with 23 nominations for the 76th Emmy Awards, which are put on by the US Academy of Television Arts & Sciences. With 25, The Bear has the most nominations, followed by True Detective: Night Country with 23, and Shogun with 19.

It shouldn’t be a surprise that Walton Goggins is up for Best Actor for his performance as The Ghoul. Although games will always be our first choice, it’s great that adaptations of games don’t have to be awful, and we can’t wait for the next season of the shows.

Are you surprised by how well Amazon’s version of Fallout has done in the mainstream? Is the curse of movies based on video games finally over? Leave a comment below and let us know.

 

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Call of Duty: Black Ops 6 Sets Dates for the Next Multiplayer Beta

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Call of Duty: Black Ops 6 is getting closer and closer, and Activision has announced when players will be able to get their hands on the next game. This means that there will be several chances to try it out before it comes out. If you paid a lot, you might be able to play for more than a week at the end of August and beginning of September.

Call of Duty Early Access will run from Friday, August 30th, to Wednesday, September 4th, as announced on its blog. This is two days after the Call of Duty Next showcase, which is set for August 28th. To play, you must have already bought Black Ops 6.

The open beta is the following weekend, and anyone who wants to can join. The fun will start on Friday, September 6th, and end on Monday, September 9th. The full release is set for October 25th of next month on PS5 and PS4.

How excited are you for the next Call of Duty game? Are you going to play Black Ops 6 in either the Early Access or Open Beta versions? Leave a comment below and let us know.

 

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Ten million people play The First Descendant in its first week

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The free-to-play shooter The First Descendant has gotten a lot of attention in its first week. The game’s publisher, Nexon, says that 10 million people have already tried it out.

Insider Gaming pointed out that since there is no cost up front, it’s still too early to tell how many of those players will stick around, but it’s still a big number for a new IP. On Steam alone, it peaked at 264,860 concurrents right after launch and has still managed to break 200,000 in the last 24 hours, so it looks like a lot of people are still really into the game.

It was a “mindless and repetitive grind,” and we gave The First Descendant a 3/10 in our review. Of course, that’s just one opinion; other experts have had different ones. Most people, though, say that the game’s annoying free-to-play model is the worst thing about it.

Are you one of the millions of people who played The First Descendant last week? Are you going to come back for more? Leave a comment below and let us know.

 

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