Market Discussions

trolling on a good trollbait topic is fun, poking the 'serious' banks by pointing out their logical fallacies and indirectly calling them stupid is even better

i'll take them as they come

*Snip* Please refrain from personal attacks. ISD Ezwal.


*Snip* Please refrain from using profanity. ISD Ezwal.

I will skip the obvious boilerplate talk about banks in EvE and will get to two points:

1) You dutifully avoided inviting in your possible "board of directors" the three persons who would really have had the means, knowledge and insight to find out irregularities, possible directors "tricks" and much more.

To me, this immediately flags as an imprudent venture. Moreover there are some totally fabolous names in that list which I know and appreciate A LOT for their excelling in their own fields. But those names are completely terrible at finance and "practices" around the banking field. Plus you mention names that scream: "this is a troll" at best.





2) An hedge fund is not exactly what you prospect. It's neither so short in duration (90 days) nor yields those profits.

90 days reminds of a mutual fund.

To make a simple comparison, my 100B fund was mutual, that is with short imposed membership and meant to yield "savings grade" profits.
Instead it yelded 4% in 15 days.

An hedge fund should yield better than a mutual fund else what's the point?

Even considering the performance of my fund too good to be consistent and doable long term, 5% a quarter is low, at this point the focus would need to be put on the "25% of profits" but then you are selling goodwill with nothing firm signed on paper before hand.
That'd not work, for an hedge fund you need relatively few, rich participants and they have to stay in, ideally from fund start to end. Good luck convincing rich participants to be happy with 5% a quarter plus goodwill.

I pledge 20 billion

Please do not send isk yet. I'll address each comment and question when I have a bit more time later today.

Reserved for part 1 of response.

*Snip* Removed reply to an edited out part of the quoted post. ISD Ezwal.


you are basically doing the exact same thing as erotica here only with some sort of superiority complex
what makes him illegitimate and you trustworthy?

for all the good either one of you are doing at least he is amusing and not nearly as long winded (aka you post to many words that say nothing and are boring)

I never said he was illegitimate, but from the way he worded everything and mixed in all those wonderful pieces from other threads, I assumed this was some sort of silly parody post.

I feel you don't fully understand my thought process yet.

Imagine you had just sent ISK to Erotica and now she opens a conversation window with you, telling you that you are her 100th customer and have been invited into the bonus room. You quickly recap the bonus room rules (show faith by following all her instructions and receive back 5x your total assets, fail her and lose everything) and realize immediately that this is a once in a lifetime opportunity!
But oh no you are notoriously ill equipped for this singular opportunity as you are constantly broke and even five times nothing does still amount to nothing :(

Erotica Banking Services to the rescue! With just a few keystrokes you have arranged to take out a mortgage on your 5 year-old main character. At a reasonable interest rate and for a very modest processing fee you are flush with cash in an instant. Now you can take advantage of this splendid opportunity!

If you win you can easily pay back the loan and if you should lose Erotica Banking Services can initiate foreclosure on your character within the hour (having just lost all your assets you won't be able to repay the loan - unless you have been holding back in which case it is no wonder that you lost, you dirty cheater! people like you give this game a bad name!) , the character passes into the property of Erotica Banking Services and will then undergo Erotica's rigorous scientific testing procedures or find some other useful application.

As you see there is no need for anything fancy like linking accounts to rl identities or preventing you from biomassing to enable this wonderful win-win scenario. All that is required is for CCP to implement a simple mortgage contract that accepts characters for collateral.

Its simple, there are several people in EVE sitting on huge amount of money, that want to leverage it in the market. As long as no bank is in existence, this is a job in itself. With a bank, the lever is in hands of that banker, you just can sit back and do other things in EVE.

I didn't answer the trust part, since you were asking about the WHY of the thread interest, this is WHY. As long there is no decent lever in the game that makes it possible to work silent money, grendell and some others work hard for another mans isk, but when a bank would come it, it would make everyone work their own corner. It would be a far heather lever as the ones offered now.

You did NOT answer my question. But then again, you're just trolling aren't you.