Market Discussions

Taking bets on how long before this thread goes into "ripped annu-ses" mode. no fee, contact me.

So pretty much uncollateralized loans are only given for a laugh, or for a chance that the guy will pay you back and make a name?

Not to you.

Past attempts:
https://forums.eveonline.com/default.aspx?g=posts&t=261850
https://forums.eveonline.com/default.aspx?g=posts&t=265298

Character "sales":
https://forums.eveonline.com/default.aspx?g=posts&m=3449294#post3449294
https://forums.eveonline.com/default.aspx?g=posts&m=3481961#post3481961

Don't forget to look at the associated character's posts for even more of a laugh.

Are you intentionally making such terrible attempts at this and have you actually made any ISK?

he doesn't trust my advice

instead of writing quality EVE fanfiction he is posting about mining ops :cripes:

I post in EVE Fiction, and I have been known to scam.

Back on the OP's question - there is always a collateral, the borrower's reputation. It is up to the prospective lender to decide what the borrower values their reputation at.

I would repay a 250m ISK loan every time, consider defaulting on a 2500m ISK loan, and would absolutely default on a 25b ISK loan. Chribba or SOMER, on the other hand, rely upon their reputations for integrity for their EVE incomes, and so neither would be likely to default on even a 1 trillion ISK loan.

Actually, uncollateralised loans can be a pretty safe way of making isk if you take the necessary steps to assess the risk of an investment and spread your money around so you are not hit too badly in the case of a single default. I have made well over 100bil of uncollateralised loans through this forum and through ingame channels, have made several tens of billions in return, and have never yet been scammed. On the one hand I have been lucky and I don't believe that my skills in this field are so great as to deserve a perfect record, especially as I have made investments I considered very risky but which happened to come good, but I also know that when I make sensible investments it would take an awful lot of scams to erase my profits. I'm pretty comfortable that I can invest profitably because I'm fairly good at weeding out the offerings that have a high likelihood of scamming and the number of low scam risk offerings that actually scam is, well, quite low.




I've been feeling a little bad about my harsh words in that thread. Unfortunately I was on holiday at the time and didn't have enough net access to follow up with some more useful comments about the basics of how to invest successfully. I would encourage you not to quit investing just yet, though as it is one of the more fun meta-games in EvE. I will put together a brief investment guide in a few weeks (back from holiday now but moving house, so I don't have much time at the moment) but, to start with, it is important to diversify your investments. Putting aside the fact that Admiral Pizzaroll was a bad investment, it is critical that you do not put yourself in a position where a single scam can undermine your investment strategy. If you can only afford to invest what you put into that loan then you really need to divide your investment pool up into five or more chunks (preferably ten, as the average scam rate in investable offerings is about 10%) and never invest more than one chunk into any one loan. The more diversified your holdings are, the less damage is done by the occasional scam. This is an important point that has historically been ignored by many investors who have had several, or even many, successful investments and then found themselves wiped out by a single scam.





This is one of the reasons I got out of doing collateralised loans. The default rate was quite high and taking and selling other players' most prized possessions wasn't much fun. I particularly remember having to sell a T2 ammo BPO that was clearly the borrower's pride and joy. I could almost hear his heart break when I told him I couldn't give him an extra month to make his payment.

Start with 1B depending on what your doing, trust is a hard thing to earn on here. I've had several uncollat loans ranging from 1B - 8B (my current)

At the end of the day I make more isk using the investment than what i would gain from stealing it.

Again some scammers build a 'rep' and then scam at the end. Start small gain some trust and dont be one of those scamming idiots

The first time you asked for a loan we talked in game where I was trying to point out the many avenues for making isk (ex FW). You clearly had a scary lack of basic facts about EVE which really was a turn off. I really tried to help you out one noobie to another but you clearly had no interest in anything involving actual effort. As far as I'm concerned that coupled with your history is a huge red flag.

ps. A little humility goes a long way.

This guy was Dimitrix Solette, scammed in Jita local then tried pulling a loan scam here with fake screenshots.

He got busted and bought Airuta Hita. Still, busted again and sold it around 4 days ago. Before he sold Airuta Hita he was an active poster in the Scams thread, ha the irony!

Have a look:

https://forums.eveonline.com/default.aspx?g=posts&m=3556228#post3556228

That was couple of days ago before he sold Airuta Hita.

It is not trying to continuously scam us what's annoying, but thinking of us as fools with the same beaver-like IQ as his.

And by the way, when people help you out for hours in chat on how to fit ships and answering your endless questions, say thank you before suddenly leaving the channel and going to other channels as if there's no value to people's time. Don't wanna? It's ok no biggie. we all can be jerks. BUT don't come back to that same person asking for a loan in private one day later!!

Bad attitude. Low personality. Typical scum.

I have no problem admitting when I've been burned