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Time sensitive investment, guaranteed return. 1.5 Billion required.
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Hanali Lia
The Scope
Gallente Federation
#1 - 2011-09-13 03:45:23 UTC  |  Edited by: Hanali Lia
Before I even begin, yes this seems insane. Random new forum poster asks for 2 billion isk. If you've come this far read on, because it will be worth your while.

The plan
I have noticed a market irregularity worth essentially 2 Billion Isk at my current hub. I doubt I am the only one to have noticed it thus far, but it has been up for three hours now, taunting me.

The issue is that the irregularity needs a massive inflow of isk, also roughly 2 billion, to take advantage of. This is most likely the reason that it has not been taken advantage of to this point. I personally have 650 million isk and associated assets, and thus cannot make the trade without assistance.

Terms
If you invest, the return will be almost instantaneous. The irregularity can be taken advantage of in station with sufficient cash. I receive the cash, I make the trade, and I return your entire investment plus one billion isk. Slightly over 50% return in 30 seconds of work.

The issue
I assume everyone imagines this to be a scam. If you contact me I will fill you in on the exact specifics on how and why this trade will be effective. I'm willing to meet any reasonable request if you are not trusting including contracts via a third party.

If you have 2 billion plus isk, I am willing to discuss simply telling you and letting you make the trade yourself. Frankly speaking, I have little hope of taking advantage of this myself before it is scooped up, so if I have to simply trust that you will pay me a finders fee, so be it.
Lyris Nairn
Perkone
Caldari State
#2 - 2011-09-13 04:47:05 UTC
EVEMail me the details; I can finance this myself, and will cut you into the profits if it turns out to be legit; but, my endorsement of your legitimacy will do nothing to gain you reputation points in Market Discussion.

Sky Captain of Your Heart

Reddit: lyris_nairn Skype: lyris.nairn Twitter: @lyris_nairn
Lyris Nairn
Perkone
Caldari State
#3 - 2011-09-13 05:37:26 UTC  |  Edited by: Lyris Nairn
Quote:

Re: Can a goon trust a goon?
From: Lyris Nairn
To: Hanali Lia
This is almost certainly a "scam" on the part of the single guy who is both buying and selling the item you mention.

By taking advantage of the skill Margin Trading, one is able to list a buy order for a given price but only pay a certain percentage of the total buy-price up-front. The way a person makes money with this is to make an order at a high buy price but with also a high minimum number of items on the buy order; then, that same person lists the same item in a sell order. By doing this, he creates exactly the situation you are describing. He will usually list the buy order and sell order on different characters, and remove all excess ISK from the character hosting the buy order. What he wants someone to do is exactly what you are proposing: he wants you to buy a lot of the item, with the intention to sell it to the buy order; but, when you try to sell your newly acquired stockpile to the buy order, the transaction fails due to his empty wallet. This leaves you holding onto a stockpile of that item and the guy who set up the situation has gotten a quick sale. Often the item in question will be one whose moving volume is low, or whose trading margins are very tight. Prior to setting up the scenario, he will often buy up a lot of the item cheaply over the course of several days or weeks. The scam is then two-fold; not only have you bought the items from him when you originally just wanted to flip them, but now you are left holding a lot of slow-moving and probably useless items that are not easy to liquidate for their full value unless you do to someone else what was just done to you.

If this was your scam, then cool. If it was not your scam, then I'm glad I saved you from falling for it. If it was not a scam at all and is actually legit, then I guess I'll just have to miss out on it.

P.S.: Anyone can claim to be a goon and name a random SA account name.

Can a goon trust a goon?
From: Hanali Lia
Sent: 2011.09.13 05:27
To: Lyris Nairn

Not really sure what the goonswarm policy is on scamming goons that aren't in goonswarm, but for what its worth my forum on SA is Caros, been on since 2008ish, just usually play with friends who are not goons, so I never decided to swarm it up.

Regardless, even if I never see a dime out of it, I'll feel better knowing the money is going to a good cause. (That said, please give me money... An even split would be nice. =) )

The deal is in Jita. Its on Dual 250 mm Railgun II's.

Specifically, someone has set up a buy order for 1050 of these at 4,000,000 a piece. The sell order for them in Jita is between 1.5 and 2 mil each. No one has filled the giant order because you need 2 billion isk to buy up all the sell orders then fill the buy order.

Anyways good luck.

Get back to me if you can't deal with it in Jita for whatever reason, so I can try and find another person to take advantage of it.

Sky Captain of Your Heart

Reddit: lyris_nairn Skype: lyris.nairn Twitter: @lyris_nairn
Lyris Nairn
Perkone
Caldari State
#4 - 2011-09-13 05:39:11 UTC  |  Edited by: Lyris Nairn
TL/DR—someone is fishing for rubes with Margin Trading. That person may or may not be the OP, who claims to be a goon.

Sky Captain of Your Heart

Reddit: lyris_nairn Skype: lyris.nairn Twitter: @lyris_nairn
Lyris Nairn
Perkone
Caldari State
#5 - 2011-09-13 05:44:59 UTC  |  Edited by: Lyris Nairn
Lyris Nairn wrote:
TL/DR—someone is fishing for rubes with Margin Trading. That person may or may not be the OP, who claims to be a goon.

Alternate/meta-TL/DR: Scheming Goonswarm Scammer Lyris Nairn fabricates an example of a well-known "scam" mechanic and reveals it to the public in an effort to farm Market Discussion reputation points; investment thread and cash-out attempt imminent.

Sky Captain of Your Heart

Reddit: lyris_nairn Skype: lyris.nairn Twitter: @lyris_nairn
Lyris Nairn
Perkone
Caldari State
#6 - 2011-09-13 05:46:42 UTC
Lyris Nairn wrote:
Lyris Nairn wrote:
TL/DR—someone is fishing for rubes with Margin Trading. That person may or may not be the OP, who claims to be a goon.

Alternate/meta-TL/DR: Scheming Goonswarm Scammer Lyris Nairn fabricates an example of a well-known "scam" mechanic and reveals it to the public in an effort to farm Market Discussion reputation points; investment thread and cash-out attempt imminent.

Alternate-meta-super-saiyan-TL/DR: I'm gay.

Sky Captain of Your Heart

Reddit: lyris_nairn Skype: lyris.nairn Twitter: @lyris_nairn
Jaxx McCoy
#7 - 2011-09-13 06:32:19 UTC
As much as I hate to agree with goons... The first thing I thought after reading OP was "margin trading scam".

Confirmed by Lyris' posting of the mail.

Usually any buy order with a ridiculously high minimum volume is bogus.
Lyris Nairn
Perkone
Caldari State
#8 - 2011-09-13 07:07:26 UTC
I never understood why people "hate to agree with goons". It is always said in such a manner as to suggest that it is implausible for one to imagine a goon being cable of behaving or reasoning on par with other humans. I can understand that people like to socially construct an "us-versus-them" narrative that vilifies and dehumanized the opposition, but to discount the strengths and accomplishments of an adversary is a detriment to oneself.

Sky Captain of Your Heart

Reddit: lyris_nairn Skype: lyris.nairn Twitter: @lyris_nairn
Jaxx McCoy
#9 - 2011-09-13 07:24:30 UTC
Your reasoning is correct. People (me) do indeed hate to agree with goons because it bursts the very bubble you mentioned, and forces us to acknowledge the uncomfortable truth that sometimes even goons can be decent and useful, despite general scammery and other antics. P
Dane El
Negative Density
#10 - 2011-09-13 11:37:01 UTC
I have another tip for you. Check the prices on tags. You'll often find tags that sell for very low amounts (2,000 isk low) with a buy order for hundreds of millions! Often these tags have no sell orders and are only available in "hangar clearout" item exchange contracts being advertised in local.

When in doubt use the market history table. If the item is never selling anywhere remotely close to the amount of that buy order, you aren't lucky and you won't be able to fulfill that order. Just think about it for a second. Why set a minimum volume? In JIta you can fill an order through a bunch of small transactions. Why ever set a buy order above sell orders? You'd just buy up all the sell orders yourself and post a buy for the remaining amount.

I guess you have to compliment these scammers on going beyond renaming regular ships to faction ship names or trying to sell carbon as a charon, etc. The margin trading scams are a little less obvious but they just don't make sense when you think about it for a second.
Bloody Wench
#11 - 2011-09-13 11:57:19 UTC
I've been doing 'the margin thing' with 800mm rolled tung plates, and it's rediculous that EVERY DAY there's someone who will go for it. I haven't been doing it daily, just once or twice a week. They may not take the whole 1000+ plates @ 800k but then they only have to take 400 for me to break even. Every sale after that is pure profit. I could go as low as reprocess price and still be in front.

I'm not a big scammer, in fact I do tend to frown upon it, but really it is incredibly amusing...I haven't had one fail yet.

[u]**Shepard Wong Ogeko wrote: **[/u]  CCP should not only make local delayed in highsec, but they should also require one be undocked to use it. Then, even the local spammers have some skin in the game. Support a High Resolution Texture Pack
trance atlas
End Game Crew
#12 - 2011-09-14 01:49:44 UTC
Lyris Nairn wrote:
I never understood why people "hate to agree with goons". It is always said in such a manner as to suggest that it is implausible for one to imagine a goon being cable of behaving or reasoning on par with other humans. I can understand that people like to socially construct an "us-versus-them" narrative that vilifies and dehumanized the opposition, but to discount the strengths and accomplishments of an adversary is a detriment to oneself.




well i guess a proper response would be fofofofofofofofoofofofofofof



also i hate to disagree