Market Discussions

I hate to be that guy so im gonna try to not be as blunt as some of the replies that may come.

As an Alpha clone with no history in the game and zero reputation, even though the return you are offering is high you are very unlikely to get investment from MD,

Reasoning for this is multiple, High interest can show signs of desperation to cash out fast and run, though 2b isnt really worth that.
Lack of reputation
Lack of collateral
Alpha account

There may be a couple of people around that may become interested and take a risk on it however.

What may be a more beneficial reply to you would be to try to get the loan internally from your corp/alliance. They may be more willing to trust in a fellow member than a random stranger.

I hope this is helpful and again, hate to be the person to **** in your coffee but this can be the way eve works.

Tbh 2b loan with 25% interest and a retriever ready to mine to pay it back sounds awful and mind numbing grind 😌. Nyt who knows you might make it work and i wish you good luck on it

Hahaha, I suppose it does seem that way. A few people told me Exploration will net me more than Mining but honestly, Exploration seems so much more stressful and dangerous. Mining seems much more consistent as well but that might be because I didn't give Exploration a fair chance yet.

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MDers? Enlighten me, please.

All right. I'll shoot you an EVEmail shortly.

Honestly, I'm already mining about 3 hours a day already with my ****** venture. Besides, I'll have a lot of time to waste in the coming days and the company is decent. I'm planning in mining Arkanor most of the time and like I said I have safe space to do it so losing the ship is very unlikely and I already have someone willing to buy the ore for 95% of Jita prices. I'm open to suggestions though but mining seems the safest and most consistent ISK from my experience anyway.

Edit: Forgot to answer your questions. Silly me. I'm planning on mining about 168 hours. It should net me about 3.568 Billion Isk. More than enough to pay back the loan and enough for 1 PLEX. Just around 6 hours a day.

Edit 2: 3.568 Billion Isk not 35.68 Billion Isk

You're going to make over 200 million ISK per hour mining? Is that a thing? I must admit I'm not well-versed in the mining profession.

think the decimal was in the wrong place

Guess it's the perfect time to show what I've planned thus far. I have to admit this is all still on paper and might deviate slightly because of circumstances beyond my control but if 1 day is delayed it will have to made up the next day otherwise the whole thing goes to ****.

Here's my ship fitting and so far it's all based on no skill points other than those of the ship and it's modules. I can't get another Mining Laser Upgrade II just yet because I need to improve my skills in CPU efficiency otherwise I'm 45.2 over the limit. Until then I'll only have 2 to work with for now.

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[Retriever]
Mining Laser Upgrade II
Mining Laser Upgrade II
[empty low slot]

Survey Scanner II

Strip Miner I
Strip Miner I

Medium Processor Overclocking Unit I
Medium Core Defense Field Extender I
Medium Core Defense Field Extender I

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With this setup, I should be able to mine about 921,984 Arkonor a month that has a value of 3.5 Billion ISK. Some people told me I would be more efficient of I ran more than 1 ship at a time but that would have to wait until a formed a solid base to work from.

The business plan looks fine numbers-wise. However, it also highlights one of the reasons this would be an incredibly risky investment, which is that the prospective payoff from scamming is extremely high. In your current situation it would take you several hundred hours of grinding the most boring activity in the game to make 2 billion so, while the cash value of the requested loan is fairly low, you would get a huge amount of personal value out of a scam. That in itself marks this as a very risky proposition for a lender.

The other issues have pretty much been dealt with above. You are a new character with two weeks in the game under your belt and admittedly an alpha account. That means the cost of scamming to you, even if you throw away this character and transfer the isk to another, is pretty much zero. That doesn't mean you will scam, obviously. But it does mark the offer up as being off the charts when it comes to risk. Now, you are offering a 25% return on investment, which perhaps shifts the numbers slightly in your favour. But think of it this way. If you get the loan, how easy would it be for other people to copy your format and try to replicate your success? How many offers that look exactly like this would you expect to be scams even if yours is not? With a 25% return on investment, an investor would have to have an 80% success rate with such offerings to break even, let alone turn a profit. So, four people would have to pay back the principle and interest to cancel it out if one person scammed. Given how easy (low setup cost) for the scammer this would be if it were a scam (and again, I'll emphasise, I'm not saying it is), the chances of such a hit rate seem to me to be very low. In fact, I think it would be more plausible to reverse the probabilities and expect one success for four scams in these circumstances, which would require a 400% monthly interest rate to give the investor a chance of breaking even.

So, in short, you have too little to lose and too much to gain to make this a reasonable investment opportunity. The business itself adds up but that doesn't really help here due to the soul-crushing grind that would be involved and the consequent possibility of you saying '**** it', even if you did intend to complete the loan at the beginning. None of this should be taken personally. I'm not questioning your honesty or integrity. I have not, and cannot have, any certainty as to whether you fall into the pool of honest or dishonest borrowers but given the high levels of risk the gamble that you are one of the good ones doesn't pay off well enough to make it worth taking.

My advice: rather than spending 168 hours shooting rocks, go and do a two hour extra shift at work and use the money to buy a couple of plexes. Activate your account with one and use the other for injectors. It will take up 1/80th of the amount of time and will certainly leave you with more of your sanity intact.

Arkonor is only found in nullsec. Are you planning to join a nullsec corp?