Forums @ Prydwen.net

The rules are:

When you rate a post, you are offering to buy or sell rating units at that price.

If someone rates the post higher than you, they will buy units from you (you can hold a negative number of units)

There is a rating manager in the usercp.

By default, the max number of units traded is 10 per ratings, but that can be changed with the usercp->rating manage

The system also shows the current market price and how much profit you would make if it sells at that price.

You can reduce the max number of units for a given rating by clicking sell.

Clicking buy increases the max number number of units,

Clicking close sells or buys units to bring you to holding 0 and then deletes the record of the rating.

You can have 10 active ratings running at a time. When you hit this limit, you need to close one of your current ratings to rate another post.

If a moderator rates a post, everyone sells or buys to bring them to 0 at the price set by the moderator and no further trades are permitted.

example:

If I rated a post at 600 and two people rated it at 400

I would buy 5 units from each of them at around 430 credits each

I would have 10 units and have paid 4300 credits for them

they would have -5 units each and have been paid 2150 for them

Assuming a mod then rates it at 400, each person gets paid 400 per unit they hold.

I get

10*400 = 4000 credits
I paid 4300
so I lose 300 credits

They get

-5*400 = -2000 (so they are debited 2000 each)
The had received 2150 each
so make a profit of 150 each

So, they "won" as they rated the post more accurately.

OTOH, assuming the mod agreed with me and rated it 600

I get

10*600 = 6000 credits
I paid 4300
so I gain 1700 credits

They get

-5*600 = -3000 (so they are debited 3000 each)
The had received 2150 each
so make a loss of 850 each

In this situation, everyone was rating it low, but I rated it correctly, so I made alot.

You make the most profit by disagreeing with the market price and being right.

bloody hell thats chinese to me !

No way

.

Its basically an automated way of handling a bet on what the post should be rated. If you bet 600 and someone else bets 400, then the person who is closest wins the credits. The further from the accurate answer you are the more you lose.

I really don't understand a word of it, especially the mod bit. Does it mean that when a mod rates a post their opinion is automatically the right answer, even if the rest of the community disagrees with them, and even if a different mod might have rated it totally differently?

<Edits post to change mid to mod, brain is so dead>

Well ...
apart from the fact that I don't think I really understood any of it ...
I find it somehow disturbing to vote on a scale where a flame is the worst & informative is the best.
Is a flame the opposite of an informative post?
Not all flames are bad. True most of them are juvenile & abusive, but some are necessary, & some are even amusing.
Also not all informative posts are good, & most good posts definately aren't informative ...
So ... feeling somehow a bit lost

[Edit] How do you rate a post which you feel strongly is a bad post but which isn't a flame?
& how do you rate a post which you feel strongly is a good post but which isn't informative?

apart from not getting the extreme complexity I just wanted to ask what the point of this actually is?

I think what I'm trying to get at is that for any sort of rating system to work & have some kind of intrinsic meaning it has to be based (IMHO) on some kind of scale or system of values which most people more or less agree on. Also, the opposite ends of this scale more or less have to be a dichotomy, or at least diametrically opposed values.

Black/White, Good/Bad, Agree/Disagree, etc ...

In this case it would seem to me that the creator of this rating system sees flames & informative posts as being at the opposite ends of some kind of scale or value system, which is something that doesn't really make sense to me.

<confused>

hmmm maybe its a qualitative scale and the numbers mean nothing? No wait you bid they do mean something. <relp!>