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    <title>The BlogShares Blog</title>
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   <id>tag:blogshares.com,2010:/bs//1</id>
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    <updated>2010-01-10T18:40:48Z</updated>
    <subtitle>The official blog of all things BlogShares.</subtitle>
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<entry>
    <title>An Interview With Ken Adams - GIC Chair</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2010_01.html#000148" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=148" title="An Interview With Ken Adams - GIC Chair" />
    <id>tag:blogshares.com,2010:/bs//1.148</id>
    
    <published>2010-01-10T18:37:46Z</published>
    <updated>2010-01-10T18:40:48Z</updated>
    
    <summary>Q. How long have you been playing B$? Almost five years now, I first signed on in March 2005. Q. What got you interested in playing B$? I had started blogging in December 2004, and the spiders found me a...</summary>
    <author>
        <name>The IM Team</name>
        
    </author>
    
        <category term="FrontPage" />
    
        <category term="GIC News" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p><em>Q. How long have you been playing B$?</em></p>

<p>Almost five years now, I first signed on in March 2005.</p>

<p><em>Q. What got you interested in playing B$?</em></p>

<p>I had started blogging in December 2004, and the spiders found me a month later. As I started to figure things out, I noticed a few hits from the game and decided to check it out. At first, the volume of information was intimidating, and I actually left the game alone for about 4 months.</p>

<p><em>Q. Ideas or Shares?</em></p>

<p>It depends, I play both. Shares can be a lot of fun when there are many players fighting over a few blogs, and so can competing for drops on rare or artefact industries.</p>

<p><em>Q. Why did you volunteer to be on GIC?</em></p>

<p>I really like to understand how things work, and I spent a lot of time mapping out the new ideas math. After that, I made some suggestions to the GIC and was doing some testing to help AdamF with the Dead Blog Finder. My membership on the GIC is all his fault.</p>

<p><em>Q. What's the hardest part of being on GIC?</em></p>

<p>Sometimes, players have really cool ideas and I have absolutely no idea how to make them work. A close second is explaining to my wife why I need to spend every evening online playing B$.</p>

<p><em>Q. You are the head of GIC? How is that different from other GIC members?</em></p>

<p>Not much different, really. My role as GIC Chairman is to be the primary interface with the game administrators and BOD. And to referee the Jello wrestling matches.</p>

<p><em>Q. Potent Wind send share prices all over the place. What happened? Can we expect to see that again any time soon?</em></p>

<p>The spike from Potent Wind was an expected consequence of removing the artificial limit on outgoing link value, coupled with the time needed to settle things out in the database. At the time, we had over 7 million blogs that needed to be indexed about 10 times to fully propagate the new valuations, and that caused the perturbations.<br />
I don't expect to see anything like it again, but if someone has an idea that makes long-term sense with weird short-term effects, I'm game.</p>

<p><em>Q. Occasionally GIC will have a contest. How do you decide when to do this? Can we expect any new contests soon?</em></p>

<p>We don't have anything currently planned, but if someone has an idea for a contest we'd be happy to help set it up.</p>

<p><em>Q. Can players help GIC improve the game?</em></p>

<p>Ask questions, and make suggestions. Volunteer!</p>]]>
        
    </content>
</entry>

<entry>
    <title>Interview with Miss Melville - Lead IM</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2010_01.html#000146" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=146" title="Interview with Miss Melville - Lead IM" />
    <id>tag:blogshares.com,2010:/bs//1.146</id>
    
    <published>2010-01-09T18:13:22Z</published>
    <updated>2010-01-09T18:21:59Z</updated>
    
    <summary>Q. How long have you been playing B$? April 2006. I was a very casual player; stopped playing than started again. Q. What got you interested in playing B$? I was looking at my stats on a blog and saw...</summary>
    <author>
        <name>The IM Team</name>
        
    </author>
    
        <category term="FrontPage" />
    
        <category term="IM News" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p><em>Q. How long have you been playing B$?</em></p>

<p>April 2006. I was a very casual player; stopped playing than started again.</p>

<p><em>Q. What got you interested in playing B$?</em></p>

<p>I was looking at my stats on a blog and saw blogshares showing up and was curious. I followed the link and was intrigued.</p>

<p><em>Q. Ideas or Shares?</em></p>

<p>Ideas, duh. No offense to shares mavens, I just think ideas are vastly more interesting than shares.</p>

<p><em>Q. Why did you volunteer to be an IM?</em></p>

<p>I'm a librarian in real life. I'm interested in how things are cataloged/organized so the index was intriguing to me. I had been asked to be an IM awhile before but real life kept me from accepting. I was spending more and more time voting, modding, and killing deads, so I volunteered.</p>

<p><em>Q. What's the hardest part of being an IM?</em></p>

<p>Sometimes it's knowing where to start. The index is large and there is just so much to do. Fortunately, we have a team of really smart, dedicated Index Managers and we're carving out a plan of attack.</p>

<p><em>Q. You've recently been promoted to Lead IM? How have your duties changed?</em></p>

<p>I've got more of a leadership role obviously. I've been called on to be the final word on something a couple of times. I expect that will continue. I consider myself incredibly lucky to have this great team of people who are doing so much to make the Index as good as we can.</p>

<p><em>Q. Are the IMs working on any projects you'd like (or can share) with your fellow players?</em></p>

<p>We have a couple of things in the works. Some of us are busy cleaning various industries that desperately need cleaning. Some of these were solo efforts (I am proud that I cleaned every single South American nation!) others are more team efforts.</p>

<p>What I'm really excited about is that we're taking a holistic look at the main areas of the Index. The blogosphere has changed so much since it was first organized and we have crossover in more than one area. The hope is that we can figure out how to minimize the crossover and get a cleaner index. And then of course, to do that.</p>

<p><em>Q. Occasionally the IMs will have a contest (like "A is for Artefact"). How do you decide when to do this? Can we expect any new contests soon?</em></p>

<p>I am hoping we do have some new contests. They may be repeats of old ideas, for instance, we still have a ton of really cheap industries with no artefact.</p>

<p><em>Q. What are the traits of a good artefact suggestion? How do the IMs decide what artefact to release and when? Does Immunis just enjoy releasing artefacts in blogless industries or is he just evil?</em></p>

<p>A good artefact suggestion is well written, original, and should be really representative of that industry. Merely copying text from Wikipedia or some other site is not what we're looking for.</p>

<p>How do we decide? Well, the good entries usually stick out right away. The IM looks at the suggestion thread and does some research. Sometimes the IM has a particular interest in creating an artefact by themselves. If the IM thinks it's worth releasing, he or she checks to see how many people can build it. Why? Well, in some cases the IM who's looking at that industry may be the only person or one of the only people who can. Unless it's an arte that we know is going to be easily built, that IM does not release it.</p>

<p>My personal belief is that Immunis enjoys releasing artefacts in blogless industries and that, yes, he is evil. I say that with love.</p>

<p><em>Q. What about sub-industry suggestions? How do you decide which to add? How can a player improve the chance their suggestion will be released?</em></p>

<p>If it's a location industry, it has to meet the population criteria - less than 15000 people and it does not get into the Index.</p>

<p>If it's a content industry, it has to be something with enough blogs to merit inclusion. We're trying to not add micro specific things. For instance, while you could say that the Beatles were an iconic group and worthy of being in the Index, we don't need every band that every cut a record there. No Geronimo Jacksons.</p>

<p>A player who really wants a subindustry approved should make sure they do the research on a population industry. Find a good representative blog and write a clear, well- written description.</p>

<p><em>Q. What can players do to improve the Index?</em></p>

<p>Report deads. Suggest title changes. Vote against no longer valid industries. Let us know when you spot problems. We welcome your input!</p>]]>
        
    </content>
</entry>

<entry>
    <title>System Updates</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2010_01.html#000140" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=140" title="System Updates" />
    <id>tag:blogshares.com,2010:/bs//1.140</id>
    
    <published>2010-01-03T18:32:13Z</published>
    <updated>2010-01-03T18:35:12Z</updated>
    
    <summary>We&apos;ve just made a major update to our blogging software, better be sure it works......</summary>
    <author>
        <name>Suburban Wolf</name>
        <uri>http://subwolf.org/</uri>
    </author>
    
        <category term="Rob&apos;s Corner" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p>We've just made a major update to our blogging software, better be sure it works...</p>]]>
        
    </content>
</entry>

<entry>
    <title>Chip Sales</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2009_10.html#000139" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=139" title="Chip Sales" />
    <id>tag:blogshares.com,2009:/bs//1.139</id>
    
    <published>2009-10-11T17:02:25Z</published>
    <updated>2009-10-11T17:19:52Z</updated>
    
    <summary>By now, most active players have noticed that we are selling off the chip holdings of inactive players. The net effect has been a significant (60% or more) reduction in the value of chips, as this untapped supply has found...</summary>
    <author>
        <name>The GIC</name>
        
    </author>
    
        <category term="GIC News" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p>By now, most active players have noticed that we are selling off the chip holdings of inactive players.  The net effect has been a significant (60% or more) reduction in the value of chips, as this untapped supply has found its way to the market.<br />
<a href=http://blogshares.com/newgraph.php?stats=yes&type=chipmarket2&large=yes><img src=http://blogshares.com/newgraph.php?stats=yes&type=chipmarket2></a><br />
</p>]]>
        <![CDATA[<p>This infusion of chips into the market has had another impact, namely the removal of significant amounts of cash from active play.  As of this posting, players have spent <strong>B$ 8.2 <u>quadrillion</u></strong> to purchase chips at prices as low as B$20 million apiece.  Over 19 million chips have been sold off.<br />
We see little end in sight for the sales, with B$ 936 billion moving so far today.  Keep your bids in, you never know when a great deal will come along!</p>]]>
    </content>
</entry>

<entry>
    <title>Blog Of The Week: Daily Kos</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2009_04.html#000138" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=138" title="Blog Of The Week: Daily Kos" />
    <id>tag:blogshares.com,2009:/bs//1.138</id>
    
    <published>2009-04-10T21:28:53Z</published>
    <updated>2009-07-11T02:59:58Z</updated>
    
    <summary><![CDATA[ One of the youngest blogs in the Index! In 2002, Markos Moulitsas&nbsp;founded the political site Daily Kos, with a liberal bent and frequent posts. Added to the index in March 2003 (the first months!), the valuation has seen a...]]></summary>
    <author>
        <name>Suburban Wolf</name>
        <uri>http://subwolf.org/</uri>
    </author>
    
        <category term="FrontPage" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p><img src="http://blogshares.com/bs/botw/288514-value.png" style="width: 320px; height: 180px;" /><img src="http://blogshares.com/bs/botw/288514-links.png" style="width: 320px; height: 180px;" /></p>

<p>One of the youngest blogs in the Index! In 2002, <a id="u8vu" title="Markos Moulitsas" href="http://en.wikipedia.org/wiki/Markos_Moulitsas">Markos Moulitsas</a>&nbsp;founded the political site <a id="v_xr" title="Daily Kos" target = "_new" href="http://www.dailykos.com/">Daily Kos</a>, with a liberal bent and frequent posts. Added to <a id="hh6j" title="the index" href="http://blogshares.com/blogs.php?checkid=288514">the index</a> in March 2003 (the first months!), the valuation has seen a few spikes up and down over the past few years, currently sitting at a lower point, but by no means losing traffic or contributors. The site is supported through advertising and ad-free subscriptions if desired.</p>

<p>If you have a political eye, this is one to trade. Bear in mind the share count is a little high right now, lets see if we can fix that eh. In other news, in the last week 90,000 new blogs were added to the index, but 280,000 pings to parse new content were received - thats one ping every 2 seconds! We like these numbers, and theres more to come.</p>]]>
        
    </content>
</entry>

<entry>
    <title>Blog Of The Week: Binary Moon</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2009_04.html#000137" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=137" title="Blog Of The Week: Binary Moon" />
    <id>tag:blogshares.com,2009:/bs//1.137</id>
    
    <published>2009-04-04T10:00:44Z</published>
    <updated>2009-07-11T03:00:58Z</updated>
    
    <summary> Added to the index in April 2005, Binary Moon is the work of Ben Gillbanks, a blogger and software developer, writing games since early 2000, which he promotes on his sister site Binary Sun. Interestingly enough, Ben is one...</summary>
    <author>
        <name>Suburban Wolf</name>
        <uri>http://subwolf.org/</uri>
    </author>
    
        <category term="FrontPage" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p><img style="width: 320px; height: 180px;" src="http://blogshares.com/bs/botw/3036738-value.png"><img style="width: 320px; height: 180px;" src="http://blogshares.com/bs/botw/3036738-links.png"></p><br/>
<p>Added to the index in April 2005, <a target="_blank" title="Binary Moon" href="http://blogshares.com/blogs.php?checkid=3036738" id="vlam">Binary Moon</a> is the work of <a title="Ben Gillbanks" target="_blank" href="http://bengillbanks.co.uk/" id="nfv_">Ben Gillbanks</a>, a blogger and software developer, writing games since early 2000, which he promotes on his sister site <a title="Binary Sun" target="_blank" href="http://www.binarysun.co.uk/" id="ir1q">Binary Sun</a>. Interestingly enough, Ben is one year younger than yours truly, but then hes still going strong in the online world. The valuation of this blog continues to rise, as seems to be a growing trend in quite a few <a title="Top 100" target="_blank" href="http://blogshares.com/top100.php" id="btl0">Top 100</a> blogs these days.</p>
<p>In other news, earlier this morning maintenance was performed to remove a few years worth of old entries, which went perfectly - we're now about 30,000,000 rows and 3.5Gb of space lighter. Over the next week or so we'll look at more gently removing additional tracking data to save more space, and look for ways to boost site speed and efficiency. Stay tuned.</p>]]>
        
    </content>
</entry>

<entry>
    <title>Blog Of The Week: Twitter</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2009_03.html#000136" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=136" title="Blog Of The Week: Twitter" />
    <id>tag:blogshares.com,2009:/bs//1.136</id>
    
    <published>2009-03-27T11:38:14Z</published>
    <updated>2009-07-11T03:01:16Z</updated>
    
    <summary> Time for your weekend Blog Of The Week - Twitter! We certainly wish we hadnt started adding these to the index in 2007, now theres over 820,000 of them and rising! The site is principled on the question: &quot;What...</summary>
    <author>
        <name>Suburban Wolf</name>
        <uri>http://subwolf.org/</uri>
    </author>
    
        <category term="FrontPage" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p><img src="http://blogshares.com/bs/botw/11349531-value.png" /><img src="http://blogshares.com/bs/botw/11349531-links.png"/></p><br/>
<p>Time for your weekend Blog Of The Week - Twitter! We certainly wish we hadnt started adding these to the index in 2007, now theres over 820,000 of them and rising! The site is principled on the question: "What are you doing?", with a post limit of 140 characters. People post about a variety of topics, see a <a href="http://search.twitter.com/search?q=Blogshares" target="_blank">search for 'blogshares'</a>, for example. Users post their activities frequently, and have thousands of both followers and other users they themselves follow. Of course, <a href="http://blogshares.com/blogs.php?checkid=11304174" id="w-v3" target="_blank" title="their own blog">their own blog</a> holds the top spot on the <a href="http://blogshares.com/top100.php" id="fqry" target="_blank" title="Top 100 List">Top 100 List</a>, along with twitter blogs for <a href="http://twitter.com/BarackObama" id="fp00" target="_blank" title="Barack Obama">Barack Obama</a> and&nbsp;<a href="http://twitter.com/wilw" id="uydb" target="_blank" title="Wil Wheaton">Wil Wheaton</a>, not to mention tech pundits <a href="http://twitter.com/kevinrose" id="x3-t" target="_blank" title="Kevin Rose">Kevin Rose</a>, <a href="http://twitter.com/JasonCalacanis" id="y4cd" target="_blank" title="Jason Calacanis">Jason Calacanis</a>, <a href="http://twitter.com/Scobleizer" id="hdpv" target="_blank" title="Robert Scoble">Robert Scoble</a>, <a href="http://twitter.com/ijustine" id="pnax" target="_blank" title="Justine Ezirak">Justine Ezarik</a> and more. How can you not want to get involved???</p>

<p>Now, sitting at No. 8 on the <a href="http://blogshares.com/top100.php" target="_blank">Top 100</a>, the index entry for our <a href="http://blogshares.com/blogs.php?checkid=11349531" target="_blank">recently elected President</a> shows nothing but growth - added in June 2007 (the month before my stroke, would you believe), at this rate it'll steal the top spot from the <a href="http://blogshares.com/blogs.php?checkid=11304174" target="_blank">Twitter Blog</a>, with (at this time) over 530,000 users following his activities on the site. Keep an eye on this one, folks.</p>]]>
        
    </content>
</entry>

<entry>
    <title>Blog Of The Week: Talking Points Memo</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2009_03.html#000135" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=135" title="Blog Of The Week: Talking Points Memo" />
    <id>tag:blogshares.com,2009:/bs//1.135</id>
    
    <published>2009-03-21T16:50:30Z</published>
    <updated>2009-07-11T03:01:24Z</updated>
    
    <summary> A popular liberal web-based political blog, Talking Points Memo was founded by Josh Marshall in the midst of the 2000 Florida Recount, and has grown ever since. The blog covers several topics, in earlier years covering the Iraq war,...</summary>
    <author>
        <name>Suburban Wolf</name>
        <uri>http://subwolf.org/</uri>
    </author>
    
        <category term="FrontPage" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p><img src="http://blogshares.com/bs/botw/2592695-value.png"><img src="http://blogshares.com/bs/botw/2592695-links.png"></p>

<p>A popular liberal web-based political blog, <a href="http://blogshares.com/blogs.php?checkid=2592695" id="iesc" target="_blank" title="Talking Points Memo">Talking Points Memo</a> was founded by Josh Marshall in the midst of the 2000 Florida Recount, and has grown ever since. The blog covers several topics, in earlier years covering the Iraq war, later moving onto newer topics like the proposed privatization of Social Security. The site joined the Blogshares Index in January 2005, with a valuation that has been... varied, to say the least, at one point nearing B$200m but lately back down at B$2.5m. The blog is still in good shape and actively traded. You can <a href="http://en.wikipedia.org/wiki/Talking_Points_Memo" id="rr8g" target="_blank" title="the site">find out more</a> about the site on <a href="http://en.wikipedia.org/wiki/Main_Page" target="_blank">Wikipedia</a>.</p>]]>
        
    </content>
</entry>

<entry>
    <title>Blog Of The Week: PostSecret</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2009_03.html#000134" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=134" title="Blog Of The Week: PostSecret" />
    <id>tag:blogshares.com,2009:/bs//1.134</id>
    
    <published>2009-03-14T10:05:45Z</published>
    <updated>2009-07-11T03:01:59Z</updated>
    
    <summary> (Graphs are correct at time of article publication) Post your secrets anonymously, and have them appear online. First listed in April 2006, PostSecret quickly gained value, peaking at over B$100,000,000 before being hit by the Potent Wind decline that...</summary>
    <author>
        <name>Suburban Wolf</name>
        <uri>http://subwolf.org/</uri>
    </author>
    
        <category term="FrontPage" />
    
        <category term="Rob&apos;s Corner" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<div id="m6ne" style="padding: 1em 0pt; text-align: left;">
 <img src="http://blogshares.com/bs/botw/9832610-value.png" style="width: 320px; height: 180px;"><img src="http://blogshares.com/bs/botw/9832610-links.png" style="width: 320px; height: 180px;"><br/>
<p><sub>(Graphs are correct at time of article publication)</sub></p>
</div>
<p>Post your secrets anonymously, and have them appear online. First listed in April 2006, <a href="http://blogshares.com/blogs.php?checkid=9832610" id="aefx" target="_blank" title="PostSecret">PostSecret</a> quickly gained value, peaking at over B$100,000,000 before being hit by the Potent Wind decline that pushed the valuation down to its current level of B$8.3m, however the blog continues to grow in strength each month, soon to pass 10,000 incoming links. The blog has a strong position in the&nbsp;<a title="Top 100" href="http://blogshares.com/top100.php" id="w97v">Top 100</a>  and the owner Frank Warren still continues to post fresh secrets every Sunday. Begun as a community mail art project, the site quickly gained a huge following, now with over 60,000 people registered on the chat forum. Frank himself regularly comments and appears to speak at venues across the US. <br>
<br>
In other news, yesterday the Blogshares server went down (again), suffering it's first hard disk failure since 2003. We're temporarily on lowered strength until the disk(s) can be replaced and the RAID array rebuilt, hopefully (!) in the next few days. Also, it seems that for a while users have been experiencing problems using PayPal to purchase Premium Membership. We'll be looking into this, but if you have any information that could be of use, <a title="drop us an email" href="mailto:support@blogshares.com" id="ezq0">drop us an email</a>.</p>]]>
        
    </content>
</entry>

<entry>
    <title>Economic Stimulus Package</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2009_02.html#000133" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=133" title="Economic Stimulus Package" />
    <id>tag:blogshares.com,2009:/bs//1.133</id>
    
    <published>2009-02-07T19:41:59Z</published>
    <updated>2009-03-01T01:09:15Z</updated>
    
    <summary>Currently, the world economy is experiencing a serious downturn. Lots of people have lost their jobs, their homes, and their life savings because this condition. The Blogshares economy is no different. Every player has noted the extreme loss of value...</summary>
    <author>
        <name>The GIC</name>
        
    </author>
    
        <category term="FrontPage" />
    
        <category term="GIC News" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p>Currently, the world economy is experiencing a serious downturn.  Lots of people have lost their jobs, their homes, and their life savings because this condition.<br />
The Blogshares economy is no different.  Every player has noted the extreme loss of value in the shares market, from the highs of last year to today's worthless scrap paper.  In just six months, 73% of the market's value has been wiped out.<br />
<img src=http://blogshares.com/newgraph.php?type=index&index=1000><br />
In order to help the struggling masses yearning to breathe free, the Board of Directors has directed the GIC to implement the following actions.<br />
1) 25% of the total wealth held by the top 10 players will be confiscated.  This tax will be used to fund the recently increased B$5,000,000 starting stake for new players, until the crisis has passed.<br />
2) All corporate assets will now be controlled by the Board of Directors to dispense as they see fit. Administrative tools that allow corporate owners to distribute funds and chips will be temporarily suspended until this crisis has passed.<br />
3) Idea transaction fees will be increased from the current levels to 10% of the total value, until the crisis has passed.<br />
4) A new chip transaction fee will be initiated.  All private sales of chips will be taxed at a temporary rate of 2%, until the crisis has passed.</p>

<p>To allow for a period of adjustment, these changes will be effective starting at 1500 BST, 09 Feb 2009.</p>

<p>Related forum discussion <a href=http://blogshares.com/yabbse/index.php?topic=21229.0>here</a>.</p>

<p><b>Update: <a href="http://blogshares.com/yabbse/index.php?topic=21229.msg124370#msg124370">Don't worry, it's not real.</a></b></p>]]>
        
    </content>
</entry>

<entry>
    <title>Hugs</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2009_01.html#000132" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=132" title="Hugs" />
    <id>tag:blogshares.com,2009:/bs//1.132</id>
    
    <published>2009-01-31T04:50:00Z</published>
    <updated>2009-02-07T19:51:27Z</updated>
    
    <summary>Surprisingly to the members of the Game Improvement Commission, today was Hug-a-GIC-Member Day. To those of you who chose to participate, we are deeply honored and privileged to have received your kindness. To those who were not aware (like us),...</summary>
    <author>
        <name>The GIC</name>
        
    </author>
    
        <category term="FrontPage" />
    
        <category term="GIC News" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p>Surprisingly to the members of the Game Improvement Commission, today was Hug-a-GIC-Member Day.  </p>

<p>To those of you who chose to participate, we are deeply honored and privileged to have received your kindness.</p>

<p>To those who were not aware (like us), you should know that there is a group of players who will instigate such an effort.  Find out who they are, and help them.  They are wonderful people.</p>

<p>Thank you, all.</p>]]>
        
    </content>
</entry>

<entry>
    <title>Starting Cash Increased</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2008_11.html#000131" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=131" title="Starting Cash Increased" />
    <id>tag:blogshares.com,2008:/bs//1.131</id>
    
    <published>2008-11-25T02:18:42Z</published>
    <updated>2008-12-27T06:09:11Z</updated>
    
    <summary>The relatively low amount of starting cash new players receive (B$500), coupled with the very inflationary BlogShares economy, has caused many debates and requests aimed at increasing that starting cash. In a game of Quadrillionaires, starting out with only five-hundred...</summary>
    <author>
        <name>MrPilot</name>
        
    </author>
    
        <category term="FrontPage" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p>The relatively low amount of starting cash new players receive (B$500), coupled with the very inflationary BlogShares economy, has caused many debates and requests aimed at increasing that starting cash. In a game of Quadrillionaires, starting out with only five-hundred dollars can seem like an insurmountable mountain to climb. Therefore, effective immediately, the amount of starting cash for all new players has been increased to B$5,000,000.00. This has been applied retroactively to all players who have registered in the past month. Now, go forth and make that cash multiply!</p>]]>
        
    </content>
</entry>

<entry>
    <title>Empty Industries Contest</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2008_10.html#000130" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=130" title="Empty Industries Contest" />
    <id>tag:blogshares.com,2008:/bs//1.130</id>
    
    <published>2008-10-05T19:02:16Z</published>
    <updated>2008-12-27T06:09:18Z</updated>
    
    <summary>As of October 3rd, 2008, there are 344 Blogshares industries with ZERO blogs. Your mission? Go find blogs to fill in those gaps. Blog about your journey and enter here for prizes, too! Details in the Contests page HUGE PRIZES!!!!...</summary>
    <author>
        <name>The GIC</name>
        
    </author>
    
        <category term="GIC News" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p>As of October 3rd, 2008, there are 344 Blogshares industries with ZERO blogs. Your mission? Go find blogs to fill in those gaps. Blog about your journey and enter here for prizes, too!  Details in the <a title="Contests" href="http://blogshares.com/contests.php">Contests</a> page</p>

<p>HUGE PRIZES!!!!</p>

<p>OMG!11!!!!!1! PONIES!</p>

<p>Curious about how you're doing against the competition? Gotcha covered. Check out the <a title="Empty Industry Contest" href="http://blogshares.com/emptyinds.php">Contest Tracking Page</a>!</p>]]>
        
    </content>
</entry>

<entry>
    <title>Adding New Blogs</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2008_09.html#000129" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=129" title="Adding New Blogs" />
    <id>tag:blogshares.com,2008:/bs//1.129</id>
    
    <published>2008-09-26T13:08:02Z</published>
    <updated>2008-12-27T06:09:25Z</updated>
    
    <summary>Some of you have noticed an increasing number of blogs added to the index in the past week (click the image for a larger view). While the impact isn&apos;t huge, yet, it has the potential to grow very quickly. Last...</summary>
    <author>
        <name>The GIC</name>
        
    </author>
    
        <category term="GIC News" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p>Some of you have noticed an increasing number of blogs <a href="http://blogshares.com/added.php">added to the index</a> in the past week (<em>click the image for a larger view</em>).  <br />
<a href="http://blogshares.com/newgraph.php?stats=yes&type=blogs&large=true"><img src=http://blogshares.com/newgraph.php?stats=yes&type=blogs></a><br />
While the impact isn't huge, yet, it has the potential to grow very quickly.  Last Spring, our former Admin (and still friend) <a href="http://blogshares.com/user.php?id=45740">AdamF</a> developed a solution called CleanFeed.  The basic concept is to take in the content of the ping cloud and sort out the wheat from the chaff.  <a href="http://blogshares.com/user.php?id=6448">SubWolf</a> and I have been working over the last couple of weeks to tidy up and get CleanFeed online, permanently.  It's moving along pretty nicely, but there are still some limitations on what the system can do.<br />
The numbers are pretty staggering.  In the course of a few minutes, we grab 30-50 thousand pings from the cloud.  About 9% of those appear to be "good" blogs.  Our blacklists screen out 46%, and unsafe file extensions or banned top level domains filter out 31%.  We also see 6% with no dates or not enough posts, 6% time out, and 3% return an error when CleanFeed tries to read them.<br />
For now, you should see an average of 10 entries per minute added to the index.  You'll have lots of opportunities for chips, karma and sigma from voting these new blogs and killing off our mistakes.  If you see any patterns emerging, please let us know so we can tweak the filters.</p>

<p>--<br />
Ken</p>]]>
        
    </content>
</entry>

<entry>
    <title>Not Dead ...</title>
    <link rel="alternate" type="text/html" href="http://blogshares.com/bs/archives/2008_08.html#000128" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.blogshares.com/bs/mt-atom.cgi/weblog/blog_id=1/entry_id=128" title="Not Dead ..." />
    <id>tag:blogshares.com,2008:/bs//1.128</id>
    
    <published>2008-08-05T23:41:00Z</published>
    <updated>2008-09-01T17:05:11Z</updated>
    
    <summary>Here at Blogshares, we all know that a blog is dead if there have been no new posts in six months. We can&apos;t have that for our own blog, it just wouldn&apos;t be right. So, given that we needed to...</summary>
    <author>
        <name>The GIC</name>
        
    </author>
    
        <category term="FrontPage" />
    
        <category term="GIC News" />
    
    <content type="html" xml:lang="en" xml:base="http://blogshares.com/bs/">
        <![CDATA[<p>Here at Blogshares, we all know that a blog is dead if there have been no new posts in six months.  We can't have that for our own blog, it just wouldn't be right.<br />
So, given that we needed to post something here anyway, I think it's time to tell you about a new feature we are working on in the GIC Labs.  For a long time, we've wanted to make the "public" market a bit more dynamic and less predictable.  We've come up with a way to start that process by causing some semi-automated trading of blogs that look like they might be interesting.  The only blogs affected are those solely owned by the public, and the trades will look a lot like normal player activity.<br />
The financial effect of this functionality is somewhat limited, generating a couple of billion B$ in value through testing on a few dozen blogs.  Once the kinks are all worked out, we hope that it will open up trading opportunities for shares players by exposing blogs that they might not run across in normal searches or other play.</p>]]>
        
    </content>
</entry>

</feed> 

