Market Discussions

I find your investigative skills lacking. Had you looked at all into who I am, you'd realize very quickly that I'm not an alt. I'm just someone who has been unsubbed from EVE for bit over an year due to :lolccp: and who dropped off from a player corp due to that. I have not yet landed at another player corp and I'm taking my time on that. As an older player I'm not in any rush to hop into any random corp just so I wouldn't be called names on EVE forums.

Funnily my alts are in player corps. Perhaps I should post with one of those instead?

Oh and I stand by my evaluation that this is most likely a ponzi scam or a very poor attempt to mask a bond to be something else (with no collateral or other safeguards). Having such words as "Federal" (lol) and "Credit Union" (huh?) in the name are also good indicators that the original poster is either scamming or just plain clueless.

I would like to apply for an uncollaterized loan of around 10 bil.

Please contact me.

This seems interesting.

How about this OP. I'm not greedy. Just a small clip to look the other way.

Just 5% of the proceeds a week and you'll get my silence.

I enquire inserting up pledge 20 billion. You interest in wallet much when?

You pleasing to thank me,
Ariana

2/10

Never stop trolling MD.

I wanted to highlight something Sencnes said here - that "The management of in-game operation to generate interest along with the meta-game bank is a tall order." people need to understand that trying to run any bank comes with a few challenges.


1. Customer Operations: The first challenge is customer-centric, you have to automate and bring transparency to the deposit of money, crediting interest to an account, showing the status of a withdraw request, updating account balances, and process multiple withdraw requests in the order in which they were received. That's just the basic stuff that you HAVE to do to build trust in the operating effectiveness of the bank. This is absolutely critical to achieving ridiculously low financing rates. You want these. Everybody will hate you for getting them.

2. Revenue: The second challenge is revenue. You've got to make a ton of it. EVE is purposefully designed to make revenue very hard to scale up - the more money you want to make, the more work you need to do. There are very few scalable revenue options in EVE - mostly they consist of automatable out-of-game revenue streams (mythical, but possible in theory), low effort/high reward out-of-game revenue streams (loans), and low effort/high reward in-game revenue streams (large scale market manipulation and highly intelligent commodity trading). There are no automatable in-game revenue streams.

3. Reporting: This is tough. Historically I've been on the wrong side of the argument for reporting. I've been wrong basically. Reporting is really important for internal and external purposes...but chiefly internal. It is all too easy to dismiss hard detailed internal reporting in favor of gut instinct and your own subjective judgment. Make decisions subjectively in the absence of hard data is a great way to make large mistakes in record time. I speak from experience. Nobody is that smart, but everybody thinks they are. But hey...I avoided the really hard part - how do you do it? They are difficult to design and build, namely because of the need to do some kind of cost accounting to properly speak to their profitability.

50mil isk/day is out of reach?

I'll fully admit that it can be tedious at times but 50mil/day on 20b deposited doesn't seem outrageously impossible.

But then, what do I know?

No... but you have to realise that once you get that 50 mil/day you just managed to break even. You need to keep going if you want to make any ISK for yourself (which presumably, you would)

Then scale it up. Take it to 100 Billion - now you have to make 250 million a day just to break even... every day. Skip a day for whatever reason and you have to make up for the loss...

Doable? Perhaps, but it's more of a chore than anything else. After a while people who put themselves under that much pressure have a very strong incentive to just say "oh sod it all" and run with the money.