Market Discussions

I am cancelling this to start with a smaller bond, as I have seen how I have erred. I will post a new, smaller bond soon. I am going to leave this unedited so I can link to it in the new one and because editing it would be dishonest and such. Anyway, thank you to everyone who posted and read this thread.

Hello MD, I'm going to look like a new guy to most of you as I don't really post on the forums. I'm a lurker by heart; don't have the need to post that often. That brings us of course to the need for this post! I started playing EVE in 2010, finding about the game on another forum, and was very interested in the market and such. I started to dabble around with my small starting isk, but then I had to depart as some real life issues came up. A year-ish later I was able to get back in and continue my adventures in the world of market PvP (as some call it, personally I see PvP needs to be an actual fight, but that is for another topic). I play weekly, sometimes only on weekends and really just when my time is available, sometimes it isn't sadly. 2 months ago a couple of my friends formed a corporation and invited me in, but alas that has become deserted and abandoned. Anyway, I have done a fair amount of market research and found a number of items that are very profitable, and should be for some time. I've already done a few small scale tests with a small amount of isk (read as: half the isk I had at the time :v), and it worked rather well. I will not disclose exactly what I am trading and how for obvious reasons of the market getting ruined by Joe Blow or such. Anyway, I've been lurking the MD section for a month and a half now, just snooping around and seeing how things are run here before I even bother to post. Given how others have taken up trading and commonly the method of securing capital is a bond, I thought it would be fitting to try and get one filled. So with no further delay I shall discuss the offer.

Asking for: 3 billion
Minimum investment: 100 million isk (Please keep the amount clean, no 100.01 or 137, if you don't want to increase by 100m increments perhaps 50m. It just makes it easier for everyone involved. Thank you)
Interest: 12%
Duration: 1 month
Start: When the bond is fully filled or otherwise stated.
End: 1 month after the bond starts or the goal of 5 billion is reached.

Terms: Investors may pull out early and even before the bond starts for whatever reason, and when they do their capital will be fully returned to them. Once the end of the bond is reached, all investors will be paid back the money they invested plus 12% interest. I know an extra 12m (assuming you go with 100m) isn't much, but it is the most I am comfortable with giving away as I hope to get out of this bond with enough isk to trade more seriously. Cutting into that future trading money is not the wisest move.

I am unable to provide meaningful collateral, as my assets cannot cover the full 3 billion. I will not provide 'token' collateral of something less than the full bond as that is pointless, and doesn't provide reassurance so it wouldn't fill its role of being collateral.

If you are interested, or if you have questions/concerns (considering this board rips apart every word and analyze it with a fine tooth comb I have no doubt there will be many questions/concerns :p) feel free to post, evemail me, or hit me up in game when I am online. I should be online in game a little tomorrow, but I will for sure be on this weekend. I will check this post every so often each day so perhaps that will be a more "reliable" way to talk. This might sound like I am inactive or not dedicated, but that is not the case. Work and Uni have to come first, so most of the time weekdays I can't play. (I will log in if someone invests to confirm I have received the money however, and depending on how busy I am to talk and play a bit)

Thank you for taking the time and hopefully interest in this,
Bottybob

(I couldn't come up with a better character name at the time of creation, I completely regret it now because of discrimination that occurs. :|)

Investors - Amount Invested
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I am pretty confident, and this will be day trading. It can be completed in a month or less, if the capital is present. Worst case scenario: I don't make the full 5 billion and I pay everyone back as much as I can, giving my apologies and hoping I am forgiven, while switching over to another method to make enough isk back to completely repay my debts. Hopefully this is acceptable, but I'm sure some people will still have their doubts.

This is true, but the key is that I mostly play during the weekends. During the weekends I will be doing the majority of the trading, however throughout the weeks while it is running I will be logging in for an hour at least every other night to accomplish this task, provided nothing critical comes up in real life. The next month or so is just review month for the finals, and all of my classes are rather easy. I won't need to study as often as last year, which provides more free time at the end of each day. As for work, well obviously that is a fixed task and is completed each day. I have class 3 days a week, so the other 4 I have time to work on school and enjoy myself in EVE. Given the nature of the school month to come, it will mostly be enjoying myself in EVE. :p

I am what you would call a highsec player, yes. I have an alt who is a manufacturer, so there is another source of income. My NAV would probably be around 700m. I currently have 559m in liquid assets, with the rest in outstanding buy and sell orders. I do not use plex, as I prefer to spend the least amount of hard earned cash on video games as possible, but should things go sour and I need to use it to repay any debts, it could be done (after attempting to repay them using in game methods). As a contingency plan, I do have a good friend who owes me one and could handle the load, but given that we are such good friends that is the super "oh my everything is exploding dear god help me" back up plan ;)

Which is why I explained my plans before that, that is assuming that hell is rising and everything is going down the drain and everything bad that could happen does. All of that being unlikely. As for going for a smaller bond size, I see this is a common response to new bonds, and it's a little off-putting. I'd rather not make a million 500m bonds or such and waste my time. I picked 3b because in my number crunching (which was a part of my market research that occupies a few stickies :v) gave me a desirable amount of money afterwards, where as lower amounts and lower amounts become bigger wastes of time.
Ex: If I asked for 500m and got it, and it was invested using my already existing information and such, I might come out with around 800m. The profit is 240m.
If I asked for 3b, got it, and it was invested, I would get close to 5 billion, if not 5 billion depending on how the market flexes and in the end there is more working capital for me, and the investors are paid off and happy. In that case it is a win-win, where as doing small bonds would take a much longer time. Perhaps if this thread lasts a whole month and no one shows interest, I will crunch some numbers again and see which lower option is acceptable, but we can cross that road when it comes. As for your concern of me losing all the isk, I feel that wouldn't happen considering I am not turning all liquid isk into commodities, and I am not putting all my eggs in one basket. If one fails, it has all of the other ones and the ones I have been doing for a while to fall back on. I don't really see it falling flat on it's face. Thank you for your concerns though and I hope I adequately addressed them.

I read this earlier today at work, and was unable to reply until now. I was thinking about this, and I decided you make a very very good point, and I see how I erred before thinking this would work without any previous bonds and such. So I am going to spend time crunching some numbers and researching the market to make sure things will still work and I will post a new bond on Friday or Saturday for 500m. To get my feet in the door with a low risk, low value bond so I can move up later on. Obviously this smaller bond will take less time to complete then a larger one. Anyway, I want to thank all the people who have replied and provided me with input and criticism, and I will be requesting this thread gets locked as it's purpose has finished. Thank you and I hope to you see you :).