Thanks, Kitty Mason, whoever you are
Ah, the joys of patroling your referral logs. BlogShares is one of those sites/phenomenon that I’m aware, but don’t follow. Heaps of their moderator links were turning up in my referral logs though, so I thought I’d check the blog version of the stock report and see how my wee endeavour was doing:
Link: BlogShares – AntSaint.
Surprisingly well. (I think, anyway; that valuation does come from a chap who can barely tie his own shoes and once took 3 hours to balance his checkbook.)
BTW, Kitty Mason, I don’t know who the hell you are, but I thank you for the kind, well, hype.
“AntSaint was the subject of much speculation when analysts at several firms were heard to be very positive about it’s recent performance. It’s share price rose from B$14.53 to B$21.65. Much of the hype was said to originate from Kitty Mason whose Oxford Dictionary (artefact) was said to be involved.”
And Endub and Dig – rock on wit’ yo sweet links and those triple-dollah valuations. Yeh.
Explainy, pleasey
It’s interesting to swan-dive briefly into BlogShares, but I can’t say I understand it. Can someone explain it to me? And then, if my blog IQ ever breaks 100, I promise to sell.
Blogshares
So, after reading about Blogshares over on Antsaint’s blog, I decided it was a pretty cool idea, and that I would go ahead and join up.
My blog isn’t being actively traded yet, but it should be soon once it’s indexed.
So, anyone reading this…l…
When you figure that site out, explain it to me. I’m valued at $15k, whatever the hell that means.
Will do – I don’t understand it at all. But I don’t understand most things.
I don’t understand it all the way. But from what I can garner it is:
1) The geekiest thing I’ve ever seen.
2) Way cool.
3) Complicated.
Your blog, whether you play the game or not, will end up in the database if you interact with the blog community pretty much any way whatsoever.
The spiders on from blogshare read your page every so often, as well as tons of other pages. They look at the number of links from others sites to yours, as well as how many sites you link to, and make up a “valuation”.
You then create an account, and claim your blog’s profile but sticking a little button link on your site. The next time the spider comes around, you get 1000 shares of you own blog to do whatever you want with.
When you register, you get 500 fake dollars. You use it to buy shares in blogs you think are undervalued, and when you buy them the shares value increases. You then sell them when the value it up, and you make fake money which you can use to buy more shares in other blogs.
Some guy broke the record by accumulating a net worth of one quadrillion fake dollars. He’s now selling his fake money to other blogshare users for the base price of $5.25 real dollars, for 1 trillion fake dollars. The proceeds are to go to a scottish childrens hospital.
It gets more complicated to, as you can do things like the press release Ant’s blog got, which causes a big change in market value. When you get enough money you can buy things like that and radically affect the valuation of stocks you hold.
Weird, ultra-nerdy, pointless game in other words.
Cid, I nominate you for “Best Comments”. Always in-depth and good stuff. Thanks. Blogshares actually makes a bit of sense now
Thanks.
Just way too much of a geek I guess.
So, wondering how or why Kitty Mason hyped your blog?
She used what is called an “artefact” that you get once you have purchased enough “ideas” in whatever particular industries you are involved in. In her case, she used the artefact “Oxford English Dictionary”, which is an artefact of the English industry.
Artefacts give you specials skills, like hyping a blog you’ve just bought stock in. Which is what she did to you, bought a bunch of your shares and then hyped the blog, then sold them at an inflated price, making tons of money in the process.
Weird. But okay. Funky hobby. I still don’t quite think I understand it… but I’m all right with it. Thanks for explaining though