Market Discussions

I have been on and off at this game for a good four years now, and it has been difficult finding something I really like. I enjoy the market in this game and have more or less been playing solo. Plex'd a nice chunk of wealth, mined some wealth, traded some wealth. I read a lot of the old posts about banks and investments (and scams!) and you know, even if trading is mostly a solitary endeavor I am going to try my hand at joining the larger trading community and offering what I'll call loan lots. I guess it can also be called bonds.

I would like to "sell" (borrow) loans in lots of 1M. The interest on these lots would be 5% on the undercollateralized set 2 and 10% on the uncollateralized set 1. The term I will put forth for this set is one month from receipt of ISK. Each lot should be backed by screenshots from both parties.

Set 1. Up to 1B in lots (1,000 lots of 1M). No collateral. Paid via player donation. Can be paid back in weekly installments.

Set 2. Up to 1B in lots (1,000 lots of 1M). Undercollateralized in the form of tritanium @5 ISK per trit. (Every lot backed by 200,000 tritanium). Paid via contract (first to exchange collateral and then to receive payment). Paid at the conclusion of the term. Special note, if you move my trit out of jita you forfeit your repayment (aka contracting me back trit 40 jumps away that you bought at 2 ISK. The trit will be contracted to you in jita 4-4 and should be returned there.)

I would prefer to work out details if any via eve mail for the simple fact that eve mail is accessible via the phone app and it makes me happy.

The small interest fee is worth it to me for feeling a little bit more like I'm playing with other people, because quite frankly, playing with oneself gets boring ;).

This is also blatant reputation farming but not for future scam

Tipa, he is asking for money :)

To the OP. Your problems, as many others that come here, will center around the certain psychology that haunts these parts of the EVE Universe. Which is that people here are mostly all about the business and they distrust with a vengeance others that are not all about the business.

So, when your posts somehow signals that
a) you are bored with the game
b) you want other people's money just because it is something new for you to play the social side of EVE that way
c) you have come up with a complex formula for loaning money just because you can

- those things are not helpful for your proposal.

I suggest wait 'till you come up with something super exciting you want to do IN THE GAME and then come back and tell this forum WHY it is you need money :)

i get why people distrust and all that. There are serious reasons not to give the money to newbies. I will simply do business with whoever shows interest and not really worry much. In this particular proposal, I don't really need the money, it's more to make contacts, if you will, and less about actually growing your money. There may be a time and place in the near future for more ambitious plans, but not now. I figure this idea is simple and effective for a base of trust for whoever will extend that trust.

Let me clarify, you can buy all the lots and shoot me a bil, doesn't have to be painstakingly done in 1M increments except that the total amount should be divisible by 1M.

I will get back to some of you individually where warranted. In the end some folks will make some money and it'll be fine.

As an additional condition, I'm ceasing borrowing activity one week from today. 4/19/17 all borrowing will end and any loans will be repaid a month from their issuance.

The main issue is making contacts with borrowers means getting involved with folks who don't have money and open me up to risk, which I may do in the near future but not this week. I'd rather get to know the folks willing to take a risk first. It doesn't make immediate sense, but it may make long term sense in a collaboration. It's part of a theory I had

To clarify again, I'll stop offering these loans after the 19th. I don't want to get caught in an endless cycle of borrowing. I am not seeking any other loans and don't foresee seeking any loans.

This'll be a good few million for whoever takes the risk and if nobody does I'll keep my money and present better plans down the road.

I think the other turn off for most people would be that you're openly admitting to doing this merely to accumulate reputation. Plus there's no information on how you're using this isk either. For all we know, once your request gets filled, we'll never hear from you again.

Multiple headshots, it's a massacre

Year have 12 months not 19.