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Mr Bushar's Bond Run #1: 10M bonds, 30d, 15% interest (DONE, REPAID)

First post
Author
Mr Bushar
Doomheim
#81 - 2012-07-17 22:10:57 UTC
Unfortunately, real money collateral is not an option

https://forums.eveonline.com/default.aspx?g=posts&t=133933&find=unread
post #13, credit to Vera Algaert
David Forge
GameOn Inc.
#82 - 2012-07-17 22:22:41 UTC
Honestly, making a new offering at a small amount (a billion tops) and offer full collateral (ships, BPOs, w/e) and/or submit to an audit. The road you're going down right now will go nowhere and we're running out of ways to say it.
Mr Bushar
Doomheim
#83 - 2012-07-17 22:36:31 UTC
David Forge wrote:
Honestly, making a new offering at a small amount (a billion tops) and offer full collateral (ships, BPOs, w/e) and/or submit to an audit. The road you're going down right now will go nowhere and we're running out of ways to say it.


Submitting to an audit would mean giving up my API and exposing my trade strategies which are earning me more than what anyone else is earning as far as I can see. Even if only to one person.

Providing a non-RL isk-for-isk collateral would make absolutely no economic sense to me, I'd be better off earning ISK on that collateral instead of paying interest.


If someone can come up with a better alternative, I'm all ears.
You want me to use your favorite eve software that lists my trading profits, I'll do that and paste screenshots.

For now, my bond remains active, and I will be welcoming any investors who trust me, and servicing my current two investors.
I'm up to 3.6B turnover :)
Rykker Bow
Center for Advanced Studies
#84 - 2012-07-17 23:31:08 UTC  |  Edited by: Rykker Bow
Mr Bushar wrote:


Submitting to an audit would mean giving up my API and exposing my trade strategies which are earning me more than what anyone else is earning as far as I can see.


I have passed 100b profits for my currently running bond, my turnover is in the trillions per week. What are you basing that statement on?

VV has had my full api keys for multiple audits and has detailed knowledge of my business plans and is completely trustworthy in my opinion.

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

Makro SSRI
The Grey Eagles
#85 - 2012-07-17 23:36:49 UTC
Sent you a mail bushar Cool
Mr Bushar
Doomheim
#86 - 2012-07-17 23:52:49 UTC
Makro SSRI wrote:
Sent you a mail bushar Cool



Confirmed purchase and receipt of cash for 500M of bonds at 15% interest on July 17, 2012
Payment of 575M will be sent out to you on August 17, 2012 and you have also qualified for the premium investor status giving you dibs on any future bonds

Thank you for your business :)
Strrog
School of Applied Knowledge
Caldari State
#87 - 2012-07-18 00:37:45 UTC
Mr Bushar wrote:
Makro SSRI wrote:
Sent you a mail bushar Cool



Confirmed purchase and receipt of cash for 500M of bonds at 15% interest on July 17, 2012
Payment of 575M will be sent out to you on August 17, 2012 and you have also qualified for the premium investor status giving you dibs on any future bonds

Thank you for your business :)



I am not sure you are allowed to do RLM transactions mate.
Mr Bushar
Doomheim
#88 - 2012-07-18 01:19:30 UTC
Strrog wrote:

I am not sure you are allowed to do RLM transactions mate.


Not doing any real money transactions, it's against the EULA :)
David Forge
GameOn Inc.
#89 - 2012-07-18 02:28:41 UTC  |  Edited by: David Forge
Mr Bushar wrote:
Submitting to an audit would mean giving up my API and exposing my trade strategies which are earning me more than what anyone else is earning as far as I can see. Even if only to one person.


Might I humbly submit the possibility, however unlikely it is, that you are not the end all and be all of trading that you think you are.
Kailean
Caldari Provisions
Caldari State
#90 - 2012-07-18 05:05:50 UTC
Mr Bushar wrote:
Submitting to an audit would mean giving up my API and exposing my trade strategies which are earning me more than what anyone else is earning as far as I can see. Even if only to one person.

You have a really high opinion of yourself if you think you're even close to the top earners on this board.

And just so we're clear: I don't consider myself anywhere near the top earners, but neither do I care that much about how much I'm making. Money stopped being an incentive a long time ago. Now I just poke stuff and see what happens.
Korgan Medel
Brutor Tribe
Minmatar Republic
#91 - 2012-07-18 07:06:18 UTC
You are not even close to the top earners, You are on the bottom end of the scale.

It is perfectly easy to get a loan from MD, I have had two or three when I first started, However there was a slight difference.

I asked politely, I didn't try to change the system by explaining how pointless audits are while asking for an unsecured loan either.

In return I got my loans quickly and repaid them quickly, as well as being offered further loans if need be.

As it is now I don't need to borrow.

Time to biomass this one.
Caelis Boirelle
Aurora Investments
#92 - 2012-07-18 08:47:32 UTC
Guys guys I have a plan.

If we all leave him alone, he'll probably just go away.

Or try again with an alt, in which case we just ignore it too.

Seriously dude you're using up precious space on the forum server. Give up and go home, you're just winding people up at this stage.

Further to that it's just plain insulting to potential investors to ask them to part with their hard earned isk on the grounds of such a pathetic offering as well as to the many other traders on here who put enormous amounts of time and energy into genuine bonds and projects.

Also you've made such a laughing stock of yourself at this stage I'll be surprised if even 12 months down the line you'll be able to get funding because a quick forum search of your name is just going to throw up this omnishambles of a bond every time.
Mr Bushar
Doomheim
#93 - 2012-07-18 12:15:58 UTC
Congratulations to another new premium investor, Xearal , with an investment of 100M in bonds.


I am looking forward to posting our July 18 operating results later today and providing an updated schedule of bonds outstanding as well as a statement of net assets
Korgan Medel
Brutor Tribe
Minmatar Republic
#94 - 2012-07-18 12:34:55 UTC
Nice to see you advertising this scam through Jita local, Just where it belongs, not clogging up MD.
Mr Bushar
Doomheim
#95 - 2012-07-18 21:08:51 UTC
July 18 mid-day results and updates

http://i.imgur.com/EuXdw.png

We're now up to 5.5B in turnover, and 600M in net profit.
Investor bond schedule to be updated shortly in the main post.

Today was a little slow, I had to take a few breaks and just leave the items up.
Regardless, these results are still good, and I am looking forward for the end of the day and tomorrow.
CorInaXeraL
The Dresdeneers
#96 - 2012-07-18 21:57:17 UTC
Disappointed.

Tried to convo in-game but it kept rejecting.


Also, disable your CSPA charge. It's annoying.
Mr Bushar
Doomheim
#97 - 2012-07-18 22:05:02 UTC  |  Edited by: Mr Bushar
CorInaXeraL wrote:
Disappointed.

Tried to convo in-game but it kept rejecting.


Also, disable your CSPA charge. It's annoying.


Will message you if you want to talk
Unless I'm using the in game chat, I auto reject invitations and minimize it
I set my CSPA charge to 0, not sure why it's still asking for it

EDIT: Says you're offline / unreachable?
Tanith YarnDemon
Hypernet Inc.
Umbrella Chemical Inc
#98 - 2012-07-19 09:08:43 UTC
The only part of all of this I don't really understand is how you generated said spreadsheets.

Your market strategies are to important to share an API with trusted members of the community, yet you have no issues sharing it with Callean Drevus? (No offense to Callean Drevus whom I'm sure is legit and wildly uninterested)

It's obviously up to you, I'm just curious about the double standards.
Mr Bushar
Doomheim
#99 - 2012-07-19 12:25:04 UTC  |  Edited by: Mr Bushar
Tanith YarnDemon wrote:
The only part of all of this I don't really understand is how you generated said spreadsheets.

Your market strategies are to important to share an API with trusted members of the community, yet you have no issues sharing it with Callean Drevus? (No offense to Callean Drevus whom I'm sure is legit and wildly uninterested)

It's obviously up to you, I'm just curious about the double standards.


I'm not going to claim that my trading strategies are so super top secret that I can't afford even the most remote possibility of someone getting a look at them.
However, my style of trading is unique, and based on my very very extensive market analysis and watching the behaviours of many of my competitors, without being disrespectful at all, I can say that many competitors do not have a good understanding of what it takes to be really successful. In other words, they're being stupid.

I haven't seen a single guide covering trading in as much depth or with as much strategy as to how I'm approaching it (let alone the level of intensity of having everything in the UI open at once, excel spreadsheets, 3 API analyzers, constant market trend analysis and sell/buy/hold/liquidate decisions for many orders at a such a rapid pace when I'm at it that a random convo request window popping up would make me rage, but maybe I'm just insane). Traders are finding their favorite high margin item of the day and latch onto it for dear life, without much thought to many other factors.
Tanith YarnDemon
Hypernet Inc.
Umbrella Chemical Inc
#100 - 2012-07-19 12:39:15 UTC
Interesting reply, sadly it doesn't really tell why giving one random stranger the API and not another. If the reason is as easy as you trust Callean Drevus but not VV I'm sure we can convince him to audit you for us, and most issues would be gone?