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How to go Legit or Scam - Modern MD Bonds

Author
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#61 - 2013-02-08 13:39:19 UTC
Vera Algaert wrote:
Jerry T Pepridge wrote:
my only question is, how do you implement it?

I don't know. 3rd party forum.


Im gonna drop the role my usual role as troll here for a second and pitch an idea for your MD elite revival, i hope you appreciate it.

Ive read this post throughout the day and wondered how myself how to implement.

Then it struck me.

backstory:

I used to run a clan forum for a game called kings of chaos, it was a small text based MMORPG the forum was free (with ads but who cares). i hope you can follow me when i say words like access masks, subforums etc. i also had a MIRC bot & chat channel with about 150-200 players on it in its peak time.

new players that joined my "clan" (LOL precious) were given a noobie 'rank' and given a forum access mask to only see general stuff, as they kept playing, there access opened up.

have you seen the movie 54? its about a nightclub owner that successfully brings in the "elite" to his club. he did it by using velvet ropes, and exclusivity.

so now the detail.

Someone other than VV, creates the MD elite forum (or pays for it) who cares. as long as its not VV, goons, or anyone big, jus someone neutral whos been around the traps a bit, and ill explain why in a second.

the "Ranks"/access masks are as follows.

ArrowFor investors:

AttentionTirekicker - has read only access mask, costs no fee to join. must register an account though (will explain why in a minute)

AttentionJunior investor - has access mask for investments up to 2b & has up to 2b to invest - 50m joining Fee. (fee grants access for 1 month, then demoted to tirekicker)

Attentioninvestor - has access mask for up to has 10b+ to invest - 75m joining fee. (fee grants access for 1 month, then demoted to tirekicker)

AttentionTycoon (life membership access all areas, may post only, not create new threads, other than a social area that all paid members will keep access too) - goons go here - 2b joining fee. (access for life)

ArrowFund managers: can make collateralized loans or no collat. or IPO's/perpetuals

AttentionFund manager - 2b - 500m deposit. (see below for deposit info)
access to make threads, (although its to be heavily moderated so u get only 1 thread)
access to the RL email mailing list including tire kickers, generating attention to you bond
subforums with loans above 2b are closed for posting
offer can be whatever they want it to be, stupid or not

AttentionFund Manager - 5b - 1b deposit (see below for deposit info)
access to make threads, (although its to be heavily moderated so u get only 1 thread)
access to the RL email mailing list including tire kickers, generating attention to you bond
subforums with loans above 5b are closed for posting
offer can be whatever they want it to be, stupid or not they paid to post it.

AttentionFund Manager - 10b+ - 2b deposit (see below for deposit info)
access to make threads, (although its to be heavily moderated so u get only 1 thread)
access to the RL email mailing list including tire kickers, generating attention to you bond
all subforums with loans are open
offer can be whatever they want it to be, stupid or not they paid to post it


AttentionDeposits from fund managers. only for non collat loans.
if you want to be a fund manager, you need a deposit of 20% for an uncollat loan, or GTFO, this will stop the 100b+ threads, and keep it at a reasonable bond/fund size. players that have access to read the forums, know the fund manager has put in a deposit.
the deposit money is held in a fund by 3rd party grendall for a super low rate of 1% or w/e(NOT VV)
at the end of the term, the deposit is returned. there will need to be a mechanic to prove payment, but since investors paid for the mask, there no reason they would leave feedback.

Attention Fees
Fees from investors are given to a separate 3rd party to run a perpetual fund, to help repayment of scams. this separate 3rd party is a role that will require active trading, or long term specualtion,

Attention Successful bond, what next: the forums will have a reputation bar type thing with a post count, a link to their current bond, and reputation is modified manually by the admin team to increase by 1 pip per successful bond.
if a fund manager decides to scam, he loses access to the forums, loses his deposit & is ostrisized from the community. the deposit goes back to the lenders.

when deposit isk is sent to accounts, there can be an API plugin to the site to link the payment and make the admin team aware of a new deposit, and a mask change.

the admin team, will need to be well known players that hold no 3rd party assets, so at moderation remains unbias. you would need admins across all TZ's, being an admin means you can't be a fund manager.

feel free to build on the idea thats what i have so far,

@JerryTPepridge

Jerry T Pepridge
Meta Game Analysis and Investment INC.
#62 - 2013-02-08 14:00:35 UTC
i mean, if you think the current handful of legit fund managers is bad,

investors have to wake the f*** up too. look at this scrub has based his investment decision on whether or i felt like being a total prick or not. thats the state of play for todays md

making them pay a fee would help weed out the trolls "with money"

its pathetic, in this thread here i made it clear that im not a good guy, i put in a pseudo troll implying im running scams in MD right now to see if any investors fell for it.

i wish i hadn't now

oh well

@JerryTPepridge

Jerry T Pepridge
Meta Game Analysis and Investment INC.
#63 - 2013-02-11 04:55:23 UTC
Guys, something has been brought to my attention regarding your potential future MD scam (or legit bond).

Using RMT bought accounts, is a bad idea, and you risk losing more than just the scam account, but all your accounts. even though it seems like an easy approach, to have characters not swapping accounts, and can fool players into thinking it is your main, that already has 'clean history'

Any business, a good one, being run to generate revenue, will always chase down said revenue. when the procedures to accrue revenue are circumvented, the business reacts accordingly. for instance, riding the terms of your latest power bill, past due & getting a 200 dollar late fee.

Easier to just start a new account like i said in the OP.

DON'T DO IT. FOLLOW THE GUIDE ON PAGE 1 PROPERLY, TO LEGITIMATELY FLEECE SCRUBS, OR MAKE LEGIT PROFITS.

These RMT comments are not aimed at anybody directly, ty for locking that other thread, prevent much sperg

posting in a sperg thread.

@JerryTPepridge

Kara Books
Deal with IT.
#64 - 2013-02-11 07:01:47 UTC  |  Edited by: Kara Books
your advice sucks I disagree and argue with you :mad:

--> my advice for budding scammers in EvE

Go to any of the 4 major trade hubs, find scammers spamming every 12.5 seconds on the dot, search their corp/personal completed contracts, if you see their scam is working flawlessly, then proceed to step 2:
take over, (spam other hubs) copy that exact scam their using to the T and you will even know exactly how much ISK to expect every month.

P.S. Deal with IT.

(edited - capitalized last 2 letters^)
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#65 - 2013-02-11 07:52:39 UTC  |  Edited by: Jerry T Pepridge
Kara Books wrote:
your advice sucks I disagree and argue with you :mad:

--> my advice for budding scammers in EvE

Go to any of the 4 major trade hubs, find scammers spamming every 12.5 seconds on the dot, search their corp/personal completed contracts, if you see their scam is working flawlessly, then proceed to step 2:
take over, (spam other hubs) copy that exact scam their using to the T and you will even know exactly how much ISK to expect every month.

P.S. Deal with IT.

(edited - capitalized last 2 letters^)


yeh theres faster ways to get tears than a word driven md scam, thats for sure lol i personally prefer laughinh at supercap xfer scams where ebay renter buys from goons, then post the tear thread, lol, but thats like a whole nother level to this crap

edit to budding scammers, its obviously contract scamming, or margin trade scamming there u can google those to work out how to do it exactly.

theres a guy in amarr few year back, had spaceship barbie name, good name, victim looks at it and potentially thinks about dolls.

@JerryTPepridge

Jerry T Pepridge
Meta Game Analysis and Investment INC.
#66 - 2013-02-25 23:05:12 UTC
mods, may i bump this thread 1x a week so it doesnt die?

@JerryTPepridge

Lux Imperator
Deep Core Mining Inc.
Caldari State
#67 - 2013-02-26 00:10:20 UTC  |  Edited by: Lux Imperator
I recently started investing through the MD thread.

I look at the players that request loans in a different way.
As I see anyone can become a scamer, no matter what rep he has. It all comes down to how much it's at stake.

Even if he has 1 trillion ISK in his wallet and good, lasting rep, when he receives investment from players in another trillion, he can take the money and leave the investors dry. It's not real life. No one knows him by his real name, no one knows where he lives and what he is doing in RL. All the stakes here are only emotional so there is no real prosecution for this type of 'criminal', except maybe his own guilt.

That is why I would never deposit part of my ISK in a huge bond (hundreds of billions) no matter who that person is.
That is why I deposit my ISK in small bonds, requested by players that seem genuine and have proof regarding their work.

My guess is that the smallest chance to lose ISK and the biggest chance to gain ISK is by aiming at the middle part of the graph :

no rep / inconsistent API ||||| some rep / consistent API ||||| a lot of rep / proven time and time again he is legit
requests small bond / great ROI ||||| small - medium bond / good ROI |||||| large - huge bond / small ROI

This is my opinion. I am still new here, so with time I might change it, but for now I'm sticking with it.
I also really like the way flakey is operating. Giving a chance to players to prove their worth it's optimistic and serves a good cause in the end.

I would never laugh at someone that invests money and loses them.
Taking the risk and pulling the profit at the end is hard because in the end, you are gambling.
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#68 - 2013-02-26 00:22:26 UTC
Lux Imperator wrote:
I recently started investing through the MD thread.

I look at the players that request loans in a different way.
As I see anyone can become a scamer, no matter what rep he has. It all comes down to how much it's at stake.

Even if he has 1 trillion ISK in his wallet and good, lasting rep, when he receives investment from players in another trillion, he can take the money and leave the investors dry. It's not real life. No one knows him by his real name, no one knows where he lives and what he is doing in RL. All the stakes here are only emotional so there is no real prosecution for this type of 'criminal', except maybe his own guilt.

That is why I would never deposit part of my ISK in a huge bond (hundreds of billions) no matter who that person is.
That is why I deposit my ISK in small bonds, requested by players that seem genuine and have proof regarding their work.

My guess is that the smallest chance to lose ISK and the biggest chance to gain ISK is by aiming at the middle part of the graph :

no rep / inconsistent API ||||| some rep / consistent API ||||| a lot of rep / proven time and time again he is legit
requests small bond / great ROI ||||| small - medium bond / good ROI |||||| large - huge bond / small ROI

This is my opinion. I am still new here, so with time I might change it, but for now I'm sticking with it.
I also really like the way flakey is operating. Giving a chance to players to prove their worth it's optimistic and serves a good cause in the end.

I would never laugh at someone that invests money and loses them.
Taking the risk and pulling the profit at the end is hard because in the end, you are gambling.


Hi Lux

Thanks for the content from the eyes of an investor.

One little curious thing that always struck me a strange about investors is what is the drawcard here?

why are you so drawn to player investments? can you not do any better with your isk?

its such a tremendous risk for the chance, and i underline chance at getting it back + a small percentage interest?

when it happens to you (when you get scammed) im sure you will realise you can do better with that money, with a new alt (no SP) and 5 order slots in jita.

@JerryTPepridge

Lux Imperator
Deep Core Mining Inc.
Caldari State
#69 - 2013-02-26 00:42:50 UTC
Jerry T Pepridge wrote:


Hi Lux

Thanks for the content from the eyes of an investor.

One little curious thing that always struck me a strange about investors is what is the drawcard here?

why are you so drawn to player investments? can you not do any better with your isk?

its such a tremendous risk for the chance, and i underline chance at getting it back + a small percentage interest?

when it happens to you (when you get scammed) im sure you will realise you can do better with that money, with a new alt (no SP) and 5 order slots in jita.


Good questions so I will try to give an equal response.

1) I think it's a combination of four things :

- Human interaction : compared to rating, mining or station trading, in this case you can interact in different ways with the player that requests the investment and with the other players that react to this dynamic ( MD is entertaining, no ?). This is a sandbox MMO afterall :)

- The satisfaction you have when you see the investment pays off and your guts prove right,

- The satisfaction that with your money you also helped another person kickstart his career in EVE.

- The fact that your money are not idle, and compared to other professions, the money are active as the more you have, the more you can make. For example, rating is a static way of making ISK. Pretty soon you hit a hard cap of ISK/hour/effort .

2) Can I not do better with my ISK ? Well, I station traded, now I manufacture, rat, explore and pvp. I use as investments only the money I can spare to lose. If I get scammed, sure I will be pissed for a day, but the next I would just forget about it.

The good part in losing game money is that you can still continue to feed your family, drive your car, go to work and on holidays, no?

3) As I said, it's just a gamble. I like to think I can read people. At least in real life I know I can :)
I'm not afraid that I lose those money because from the beginning I take into consideration the hard fact that I can lose them.
Is it a strange statement ?

4) I will never take the easy way of making money in real life or in a game. It gives you no real satisfaction. And there is also an interesting phrase : " Easy comes, easy goes"

Hope this covers it :)
Mu-Shi Ai
Hosono House
#70 - 2013-02-26 01:12:50 UTC  |  Edited by: Mu-Shi Ai
People don't really do audits anymore, do they? I thought that battle was fought and long over by now.

As far as why people invest, I think it's because it's RP. The returns typically paid out are nowhere near enough to make up for (in fact, can't really make up for, at all) the amount lost if the person runs off with the cash. One could do better just dumping the cash into buy orders for T2 modules or something. It's not all as fast and easy as giving your billions to some trader or manufacturer, but if the money is just going to sit there anyway, then certainly it can sit on buy orders, no? And then, after some weeks, you've got it all sponged into real assets, ready for you to sell off when you want the cash again. Far, far better return, by the way, than you'll ever get from some guy with a business venture he allegedly "needs capital" to move forward on.
Kara Books
Deal with IT.
#71 - 2013-02-26 07:30:33 UTC
Scamming sucks

Deal with IT.
http://imgur.com/gallery/giCNq
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#72 - 2013-02-26 11:54:52 UTC
Lux Imperator wrote:

1) I think it's a combination of four things :

- Human interaction : compared to rating, mining or station trading, in this case you can interact in different ways with the player that requests the investment and with the other players that react to this dynamic ( MD is entertaining, no ?). This is a sandbox MMO afterall :)

- The satisfaction you have when you see the investment pays off and your guts prove right,

- The satisfaction that with your money you also helped another person kickstart his career in EVE.

- The fact that your money are not idle, and compared to other professions, the money are active as the more you have, the more you can make. For example, rating is a static way of making ISK. Pretty soon you hit a hard cap of ISK/hour/effort .


Hi Lux, well you sound like an experienced player, your in nulli i think, real good. the geddon guy.

so i take it you have seen and done most things.

the real refreshing part of your point 1 was where you say you want to help someone kickstart there eve career, so you are a generous person, and like claire coffee want give ppl fair go. its ppl like you that make the investments even a possibility, idle money, isnt as bad as lost money.

Lux Imperator wrote:

2) Can I not do better with my ISK ? Well, I station traded, now I manufacture, rat, explore and pvp. I use as investments only the money I can spare to lose. If I get scammed, sure I will be pissed for a day, but the next I would just forget about it.

The good part in losing game money is that you can still continue to feed your family, drive your car, go to work and on holidays, no?


in the eyes of 95% of the readers, the 10b you gave the guy (no names) is gone.

Lux Imperator wrote:

3) As I said, it's just a gamble. I like to think I can read people. At least in real life I know I can :)
I'm not afraid that I lose those money because from the beginning I take into consideration the hard fact that I can lose them.
Is it a strange statement ?


you sound like your hoping to lose money for the thrill of it.

Lux Imperator wrote:

4) I will never take the easy way of making money in real life or in a game. It gives you no real satisfaction. And there is also an interesting phrase : " Easy comes, easy goes"


lol fair enough, teh tl:dr of it is you invest due to roleplay. and dont care if you get scammed, after the initial shock, of losing money and being laughed at happens.

the worst thing about MD is someone new and like-able comes along and they just go ahead and scam and thats all she wrote. leaving you roleplayers with fat wallets and no-one to take to the prom.

interesting & thanks for sharing , would be scammers/legit fnd managers take notes.

@JerryTPepridge

Grozen
Mateber Mining and Manufacturing Company
C U L T
#73 - 2013-02-26 12:47:20 UTC
I think that as crazy as that may sound some people have conscience even in games.It depends how much you indentify yourself with your alter ego, for some people its just another pixel that they will biomass for others its everything.A scum in real life will probably be the same ingame.

knowledge is power.

De Guillaume
Infinite Point
Pandemic Horde
#74 - 2013-02-26 13:08:29 UTC  |  Edited by: De Guillaume
So the point is to invest in bonds of 2-5b isk since there less likley to scam you and are waiting for a bigger ammount.

I onced thought about doing this sort of scam and considered the amount of time it would take. 6+ months.

And even that won't really get u in a postion to steal say 40b isk.

Its simply not worth it becuase 6 months of constant trading = a crap ton of hours

I think on average anyone with any common sense can make 40b in half the time with 95% less effort.


the best scam I have seen is the 1 trillon isk scam. Took them 1 year and it was't done threw this forum.


My golden rules are:

Never lend isk out of say more than 500m isk without collateral. It might be just me but whats 100m if you loose it or even 500m. Its not a big deal and ofc the amount of times that will happen is tiny.

Has you ever went so far as chose to go even use want to look more like do?

Vurt Konne
Republic Military School
Minmatar Republic
#75 - 2013-02-26 13:38:28 UTC  |  Edited by: Vurt Konne
Kurt Vonnegut wrote:

We are what we pretend to be, so we must be careful about what we pretend to be.

One can not roleplay beeing an ***-hole in eve. When you **** on people you play with this makes you as much an ***-hole as when you **** on other people. People are just more likely to act like a total brick when they don't expect any consequences.

I think people have a right to be ***-holes, both in real live and in eve. But that doesn't make them any less outrageous.

Because of this I believe that decent people will also act decently in eve.



Why I invest?
You won't see me doing station trading. It's the most boring clickfest I can imagine.
So all the money I bother investing is invested and there is still some isk left in my wallet. Why not try to let other people do something with it and have it even grow?
Of course should I loose my investments, that would hurt. But I stick to "Don't risk what you can't afford loosing.", so my tears would be something like "Oh Dear, **** happens." before I switch back to daily routine.


Edit: We do not need to beep out the hole, or so I hope.
Edit: Now it didn't put a beep on the ***? Can we have a forum for people of age 10+ anyway?
Joshua Vaughn Lampen
Archer Investments Initiative
#76 - 2013-02-26 13:45:26 UTC
And then suddenly:

http://www.eve-search.com/thread/1392810-0/page/all

http://go-dl1.eve-files.com/media/corp/49473/credit.pdf

110/119 MD Bonds between 01/01/2010 to 27/09/2010 were a success. Uh oh. That doesn't sounds like the crushing wave of scammers that apparently populate the MD forums...

Awaiting OP's update showing laundry list of MD scams that validate his claims. Roll
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#77 - 2013-02-26 14:12:34 UTC
Pepridge: "20b"
lamper: "i now only have 10b, dam cashouts its all your fault,well screw it, im gonna play the legit card now and try and get the whales back in my nets"
Pepridge: "op success"

@JerryTPepridge

Jerry T Pepridge
Meta Game Analysis and Investment INC.
#78 - 2013-02-26 14:17:25 UTC
Thoraemond wrote:
Jerry T Pepridge wrote:
I have prevented more scams, by Posting "would like pledge 20" than [VV] & any of your kind, fact.

There is more than one way to foil a would-be scam. However effective it may be, posting "would like pledge 20b" seems most effective after the would-be scammer has made a thread in the first place.


Have been trying this in a few threads, you can pick the 'getting to know you' types easy.

@JerryTPepridge

Ark Destroyer
BLOMI
#79 - 2013-02-26 20:12:10 UTC
Well at the very least it makes the scammer's work hard for their money lol... make em work!

Neutral Talent CEO Specializing in "complete" super-capital packages

Complete supercapital packages

Lux Imperator
Deep Core Mining Inc.
Caldari State
#80 - 2013-02-26 22:46:57 UTC
Jerry T Pepridge wrote:

in the eyes of 95% of the readers, the 10b you gave the guy (no names) is gone.


He is at his second invest request. For his first bond I gave him 5 B and he kept his word.
For the second one I trust him and gave him 10B.

This Saturday (I think) it's the first payment from this bond. We will see what happens.

And, as someone here said, the scams everyone knows about and remained in people minds as a warning are in fact the big bond scams (around 1 Trillion ). Sorry to say, but it's the investors fault if they thought that there are enough moral constrains for someone to not run away with 1 T ISK.

My pleasure to share my view with you. Also thank you for the very informative thread!