Market Discussions

Summary:

Anything between 100 mil and 1 bil increments
15% Interest paid 30 days after the start of the loan
No collateral

This is my first and only EVE account which I have now been playing on for around 40 days. I have been trading for the last 25 days and feel like my funds are the only thing limiting me.

Plan:

So, I just started playing EVE about 40 days ago, and around 2 weeks into the game I figured out about station trading. I have always loved math and spreadsheeting, therefore this seemed as a perfect way to get a steady income and eventually pay my gametime in ISK.
I started tracking my balance every day in order to see how well I did. Also I made all kinds of spreadsheets. Recently I even got the trial version of Excel 2013 because I got problems with the limits of Google Doc’s XML import restrictions.

I haven’t really had much time the last 2 weeks because of school, but I will have much more time for EVE now, and I still think I did quite well:

http://i.imgur.com/Zvj6zFH.png

This shows that every day I averagely earned 5.5% of my total balance.
The only thing limiting my income is the amount of money I can invest. With more time on my hands and my new spreadsheet without the old limitations I expect to do at least that good in the weeks to come.
I have calculated on different loans, and even after paying back the interest a loan would still give me a nice kickstart in my trading career:

http://i.imgur.com/OBY0PLZ.png

In these graphs my daily income have been set slightly lower than my current income, even though I expect it to rise. This is to be absolutely sure that this loan won’t backfire and makes me sure that I will be able to profit from this. As you see, the interest on 15% will not be an issue to pay back within a month as I should be able to earn that in a few days.
Also I see that most people asking for loans have collaterals, but some do not. As I do not have anything to offer at all I do not have any collateral.

This is my first loan so feel free to ask questions or tell me if anything needs changing.

First, take a look at this: https://docs.google.com/spreadsheet/ccc?key=0Aj3PQiql5NjydFdrRS01eHh0eE1OS3RmdGQyVmNNNVE&usp=drive_web#gid=17 it will allow you to make more than 50 API calls :).

Secondly, all the picture shows is that you know how to make a chart in Excel .

You have misunderstood.

You can both (a) use your own API on sites like that or with third-party applications and (b) give someone else an API for your account(s) or pilot(s) and let them use the API on sites like that or with third-party applications. (You can cancel any API code any time, to discontinue access by those third parties.)

"Personal use only" in the context of your API likely means something more like "don't sell your API to someone else for RL money" (since that might be a commercial purpose).



No, you don't need to know how to use any spreadsheet to be a good trader, though it can help.

Making a rudimentary chart that shows a line that rises across the x-axis is something that you could do in Paint, if you wanted to. A simple chart doesn't prove anything about (a) whether or not you have ever made any trade at all in New Eden, (b) your capabilities as a trader, or (c) whether or not you intend to scam.

Well, I don't use eve-mogul :|

If nobody wants to give me the loan, fair enough. But I don’t understand how it would be profitable to scam for something like 100-500 mil. I would discredit my account and nobody would ever trust me again. On an account with more than 40 days skill training it simply wouldn’t be worth it? Are there actually are people who are willing to discredit themselves like that for getting a few hundred million ISK a single time? It seems like a massive drawback the rest of the game for such little reward.

Giving out your API will in no way effect the security of your account. All it can show is your transactions if you allow, along with various other info about your character. This being your first loan, it would be advisable to provide as much info about you, your playing habits, trade habits, profits, ect to any potential investor to increase their confidence in your abilities. Nobody will blindly trust you, even for a tiny amount like 100m-500m, just the way EVE is. If you're serious about getting into loans and bonds, give out your API, or get some collateral, until you have a sufficient rep in these forums. Even then, you will still probably want to give out an API.

just my humble opinion.

Toalk

Yes, oh Lord, yes. Just watch Jita local chat for people pointing out crazy insane officer mods on sale or selling "faction" battleships for half-price. We won't even talk about the isk-doublers.

Whoa, sorry about forgetting you guys :(

I ended up buying a plex so this thread can be closed now, as i do not need a loan anymore :)