GTA V players attempt to manipulate in-game stock market
Authored by Williams Pelegrin
While there are many things to do in Grand Theft Auto V‘s Los Santos, the ones that are arguably the most intriguing are the abilities to buy and sell stock on two different exchanges: Liberty City National and BAWSAQ. Prices on both exchanges are affected by in-game events, such as the conspicuous murder of a certain CEO, that lead to either a rise or fall in a company’ stocks. Many players have wondered whether BAWSAQ is affected by players connected to the Internet.
Some users took to the official GTA forums and the GTA Market subreddit to test out a simple theory – buy shares of an in-game beer company called Pisswasser and sell them at 6pm Eastern – and see whether there would be any noticeable changes in the company’s stock prices. Known as a “pump and dump” scheme, the theory was to inflate the price, and then by selling the shares, the price would drastically decrease. After the decrease, players would once again purchase shares, and once the stock price would return to normal, they could sell their shares to profit twice.
Unfortunately, the plan did not work. In fact, the stock price for Pisswasser actually went up nearly 4 percent, showing that it wasn’t responding to the mass sell-off. Even so, at least one user is already looking forward to tackling the stock market in the recently-launched GTA Online:
With GTA:O now online, we should wait for 3 or 4 days after launch, till the dust settles (IF the dust settles by then) so we can try something and hope to get meaningful results and money out of it.
Success rate = who knows.