Market Discussions

well, you're the one who made a thread to let the entirety of a section of the forums devoted to making money know that you lost money in a dumb way, and not only lost money, but lost a pittance, and that you will be quitting the game over this pittance because it was apparently your whole life's savings.


frankly, any insult i try to throw at you can't really measure up to the one you dealt yourself.

I recently came back to EVE after a 2 year hiatus, and began trading again. I too spotted a "deal" set up like this - large minimum volume at an unreal price. I had no idea how the margin trade scam worked, but it sent up a red flag. I looked at what I would have to purchase to cash in on this "opportunity." Conveniently, there were the requisite number of units spread out over 3 sell orders. That sent up another red flag. At the time, I thought the scam would be to pull the buy order once the sells had been bought out-- possibly by a bot!

...So I scoured the regional markets and bought up the units at market prices, then hauled them back to Jita, thinking I'd get one over on the scammer. Dumped in to buy, order disappeared. I thought WTF? Then I started searching the forums and learned of the margin trade scam. As a result, I've been stuck selling off Medium Anode Pulse Particle Steam Is at roughly the price I bought them at for a couple of months now. Tied up about 100m isk that I could have used elsewhere, but, like all mistakes, it taught me a valuable lesson.

I think I probably got on a thread somewhere and said something like "bad orders should be marked" or whatever, but the fact of the matter is, margin trading is a useful mechanic used legitimately every day by many players, including myself. Once you know about them, margin trade scams are very easy to spot.

Take this as a learning experience and move on. Allowing yourself to get baited on the forums isn't going to get your isk back.

Well I think that is the point , at least for me, I have decided to move on, to something that is less of a grind fest.
I know people say eve is a sandbox but it's more like a desert. I spent too much time wandering the vast deserts of eve.

One thing I've learned after many years of playing many different MMOs is that people who go to the forums to talk about how they're leaving typically end up not actually leaving. Rather, what they're looking for is words that will soothe them, and in some way justify the decision that they've already made to keep playing.

From page 1. Same basic argument. Just sayin'.

It's not rouge, (red), it's rogue, and I'm so far from an evil pirate you make yourself look like a fool suggesting it. Either that or a complete troll, which is indicated by your post which completely ignores what I stated in mine. Greed has nothing to do with it you twit. It's just trading.

If I was greedy, I'd be out there Margin Trade scamming myself. It's not like I don't have the skill trained or the ISK to back it. Also, ignorance and lack of experience do not equate to stupidty.


edit: I might also add, the difference between me and people who run these scams is that I don't go out there looking for ways to exploit game mechanics to make ISK off people who haven't figured it out yet. If I was greedy and motivated to scam people to make ISK the easy way, I would have had it figured out by the time I was a month in game.

The simple fact is, I never had much interest in scamming and don't like it or exploiting mechanics for personal gain, and I don't bother figuring out what I'm not interested in, and for a long time I wasn't interested in trading. I only developed an interest after I cashed out of my old Corp and decided to sit on the sidelines for awhile. What a coincidence that was around the same time I discovered Margin Trading scams the hard way.

For a troll, I'll give you 7/10 because it pissed me off, but not quite 10 because you lack the imagination to be anything but a dipshit.

I don't know, they made 3-4 billion off me in ~ an hour, and I know a lot of other people got hit at the same time because it was all over local shortly after.

I'm not sure how this speaks to the Margin Trading scam, though, since it's a matter of the money being present in the wallet at first, but removed after the buy order is put up, so that not enough cash exists in the wallet to cover the order. When the order is filled, it fails, not because the escrow was deplenished, but because the wallet was purposely left without enough covering cash. Unless you believe that people should have to keep enough cash in their wallets to cover these orders (in which case Margin Trading becomes utterly pointless), your plan isn't really going to stop this particular sort of scam.

It was a decision made prior to the scam. The scam simply accelerated it, instead of playing for another 2 months I traded my game time to someone else who will put it to better use hopefully.

I was hoping to save up ISK so I could return as a possibility but now it does not look very likely that it will happen. I wish I had more time but RL is busy right now.

(DISCLAIMER: As a new character (3 weeks or so), the margin trading skill has been a lifeline to me when trading)

I agree that once people know about it, they will (hopefully) not fall for it, but it is a mistake to think it is new players.

How many new players have the liquid isk to buy the overpriced sell order 2 jumps away?

New(er) players fall for the 100m rifter market prices more often, but then, plenty of older players do too, who really should know what a rifter is worth (incidentally, I am not sure how effective that one is, because the trader with the 100m T1 frig has to stay on top of the sell orders too in order to benefit)

You would also think the contract mineral/plex scams are only fallen for by newer players, but it is not uncommon to see 5+ year old chars showing up on those.

This scam, along with all others, relies on the scamee thinking "Lol, that idiot has put those prices up wrong, I am gonna get rich off his mistake"

If it looks too good to be true, it is...it is rarely (but not always), the other guy who is going to get rich off the draw of easy isk.

PS: the 23% thing, as already mentioned, only works if they have not put up a minimum volume....in which case, they do not even know how it works.