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Rich men in EVE

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Author
Triakis Cadelanne
Federal Navy Academy
Gallente Federation
#1 - 2014-06-30 18:51:55 UTC  |  Edited by: Triakis Cadelanne
Hey,

If you're like me, you often hear about those guys owning 10B, 20B, 30B ISK (maybe you're one of them ?). I simply wonder how those guys make so much ISK ? I've never ran after money, but it should be so nice to lose a TIII without feelings wrecked. Honestly, I know that there are maybe 10 posts like this one a day but I can't find an answer myself.
Jim Era
#2 - 2014-06-30 18:52:38 UTC
Just turn the faucet to the "on" position.

Wat™

Triakis Cadelanne
Federal Navy Academy
Gallente Federation
#3 - 2014-06-30 18:54:36 UTC
Jim Era wrote:
Just turn the faucet to the "on" position.


A lot to think about that ....
De'Veldrin
Republic University
Minmatar Republic
#4 - 2014-06-30 18:58:05 UTC
The first key is to diversify - adding passive (or semi-passive) income sources to active sources is the best way to make ISK. I do some ametuer market trading and PI (both of which I consider semi-passive since I only put an hour or two into them at a time) on alts, and I run incursions actively, or run nullsec anoms on an active basis. I make a few billion a month. I'm not part of the space 1% by any stretch of the imagination, but I can afford to dump a T3 (or a carrier Oops) without having to sell all my assets to recoup the loss.

De'Veldrin's Corollary (to Malcanis' Law): Any idea that seeks to limit the ability of a large nullsec bloc to do something in the name of allowing more small groups into sov null will inevitably make it that much harder for small groups to enter sov null.

Zimmy Zeta
Perkone
Caldari State
#5 - 2014-06-30 18:59:12 UTC
Also, not flying T3 in the first place kind of helped me...

I'd like to apologize for the poor quality of the post above and sincerely hope you didn't waste your time reading it. Yes, I do feel bad about it.

Gully Alex Foyle
The Scope
Gallente Federation
#6 - 2014-06-30 19:00:19 UTC
Trading is a very good ISK-maker.

Because it scales magnificently.

Meaning that, whatever trade business you set up, the effort (hours per week) that you need to go from, say, 500 Mil to 1 Bil is about the same effort that you will need to go from 1 Bil to 2 Bil, and so on.

Yeah, it's not that easy, but you get the idea.

Furthermore, you can trade anytime you have 15 or even just 5 minutes.


Other activities such as, say, missioning in highsec and even incursions, have a 'hard ceiling' to ISK/hour.

Make space glamorous! Is EVE dying or not? Ask the EVE-O Death-o-meter!

Anslo
Scope Works
#7 - 2014-06-30 19:00:50 UTC  |  Edited by: Anslo
The same way you do in the real world. Find a demand, fill it. In this situation, a demand would be more profitable if it could be filled by a service. There's traders a plenty in Eve. But few are the number of people who can see a service people would pay for, and exploit that.

[center]-_For the Proveldtariat_/-[/center]

Ramona McCandless
Silent Vale
LinkNet
#8 - 2014-06-30 19:05:43 UTC
Is it just rich men that interest you?

"Yea, some dude came in and was normal for first couple months, so I gave him director." - Sean Dunaway

"A singular character could be hired to penetrate another corps space... using gorilla like tactics..." - Chane Morgann

Dinsdale Pirannha
Pirannha Corp
#9 - 2014-06-30 19:17:21 UTC
Triakis Cadelanne wrote:
Hey,

If you're like me, you often hear about those guys owning 10B, 20B, 30B ISK (maybe you're one of them ?). I simply wonder how those guys make so much ISK ? I've never ran after money, but it should be so nice to lose a TIII without feelings wrecked. Honestly, I know that there are maybe 10 posts like this one a day but I can't find an answer myself.


Look, if you have to ask, you are not even in the league.
There are players now worth over 10 trillion.
That number is based solely on the concentration of wealth as we have seen more and more null sec income being created, and it flowing through the hands of a small amount of players. These players can skim just a tiny fraction of that cash flow and it is still an enormous amount they are pocketing.

I personally know at least one trillionaire trader with links to null sec, and another trillionaire who runs incursions and mines, but 12 hours a day, every day, for many many years. I also know someone who is in PL and personally owns 18 moons. Their income is insane, and must be closing in on a trillion.

And these three are not even heavy hitters in the scheme of the null sec pyramids.
Alavaria Fera
GoonWaffe
#10 - 2014-06-30 19:22:48 UTC  |  Edited by: Alavaria Fera
30b is maybe enough for a supercarrier and training a character (but if you buy character, needs a lot more).

You need like... 110bil for one of the very rare (due to being expensive) titans. That's why our alliance only has three or four ... dozens.


According to the well-informed metric given by Aryth, 50bil is only space middle class.

Triggered by: Wars of Sovless Agression, Bending the Knee, Twisting the Knife, Eating Sov Wheaties, Bombless Bombers, Fizzlesov, Interceptor Fleets, Running Away, GhostTime Vuln, Renters, Bombs, Bubbles ?

Jenn aSide
Worthless Carebears
The Initiative.
#11 - 2014-06-30 19:24:18 UTC
Dinsdale Pirannha wrote:
Triakis Cadelanne wrote:
Hey,

If you're like me, you often hear about those guys owning 10B, 20B, 30B ISK (maybe you're one of them ?). I simply wonder how those guys make so much ISK ? I've never ran after money, but it should be so nice to lose a TIII without feelings wrecked. Honestly, I know that there are maybe 10 posts like this one a day but I can't find an answer myself.


Look, if you have to ask, you are not even in the league.
There are players now worth over 10 trillion.
That number is based solely on the concentration of wealth as we have seen more and more null sec income being created, and it flowing through the hands of a small amount of players. These players can skim just a tiny fraction of that cash flow and it is still an enormous amount they are pocketing.

I personally know at least one trillionaire trader with links to null sec, and another trillionaire who runs incursions and mines, but 12 hours a day, every day, for many many years. I also know someone who is in PL and personally owns 18 moons. Their income is insane, and must be closing in on a trillion.

And these three are not even heavy hitters in the scheme of the null sec pyramids.


Lets all of course ignore the High Sec Trillionaires (I wonder if any of the use the screen name Soros....) who sneeze and blow a hole in plex or other commodity prices. It's all the Koch Brother null sec's fault always.......
Socrates' psalmody
Jiao Yu EA Inc
#12 - 2014-06-30 19:26:55 UTC
Dinsdale Pirannha wrote:
Triakis Cadelanne wrote:
Hey,

If you're like me, you often hear about those guys owning 10B, 20B, 30B ISK (maybe you're one of them ?). I simply wonder how those guys make so much ISK ? I've never ran after money, but it should be so nice to lose a TIII without feelings wrecked. Honestly, I know that there are maybe 10 posts like this one a day but I can't find an answer myself.


Look, if you have to ask, you are not even in the league.
There are players now worth over 10 trillion.
That number is based solely on the concentration of wealth as we have seen more and more null sec income being created, and it flowing through the hands of a small amount of players. These players can skim just a tiny fraction of that cash flow and it is still an enormous amount they are pocketing.

I personally know at least one trillionaire trader with links to null sec, and another trillionaire who runs incursions and mines, but 12 hours a day, every day, for many many years. I also know someone who is in PL and personally owns 18 moons. Their income is insane, and must be closing in on a trillion.

And these three are not even heavy hitters in the scheme of the null sec pyramids.

ShockedShockedShocked

hmmm......

Alavaria Fera
GoonWaffe
#13 - 2014-06-30 19:30:58 UTC
Jenn aSide wrote:
Dinsdale Pirannha wrote:
Triakis Cadelanne wrote:
Hey,

If you're like me, you often hear about those guys owning 10B, 20B, 30B ISK (maybe you're one of them ?). I simply wonder how those guys make so much ISK ? I've never ran after money, but it should be so nice to lose a TIII without feelings wrecked. Honestly, I know that there are maybe 10 posts like this one a day but I can't find an answer myself.


Look, if you have to ask, you are not even in the league.
There are players now worth over 10 trillion.
That number is based solely on the concentration of wealth as we have seen more and more null sec income being created, and it flowing through the hands of a small amount of players. These players can skim just a tiny fraction of that cash flow and it is still an enormous amount they are pocketing.

I personally know at least one trillionaire trader with links to null sec, and another trillionaire who runs incursions and mines, but 12 hours a day, every day, for many many years. I also know someone who is in PL and personally owns 18 moons. Their income is insane, and must be closing in on a trillion.

And these three are not even heavy hitters in the scheme of the null sec pyramids.


Lets all of course ignore the High Sec Trillionaires (I wonder if any of the use the screen name Soros....) who sneeze and blow a hole in plex or other commodity prices. It's all the Koch Brother null sec's fault always.......

I'm told the way to get it that high is by playing markets in

Jita 4-4

Triggered by: Wars of Sovless Agression, Bending the Knee, Twisting the Knife, Eating Sov Wheaties, Bombless Bombers, Fizzlesov, Interceptor Fleets, Running Away, GhostTime Vuln, Renters, Bombs, Bubbles ?

Dinsdale Pirannha
Pirannha Corp
#14 - 2014-06-30 19:46:39 UTC
Alavaria Fera wrote:
30b is maybe enough for a supercarrier and training a character (but if you buy character, needs a lot more).

You need like... 110bil for one of the very rare (due to being expensive) titans. That's why our alliance only has three or four ... dozens.


According to the well-informed metric given by Aryth, 50bil is only space middle class.


50 billion?

LOL. If you live in null sec, and are worth less than 100 billion, you are doing it oh so wrong.
45M / hour (after 15% tax) in an AFKtar, 3 hours/ day, 6 days a week = 800 M, plus who knows how many escalations. And let's not forget an SRP that actually your profit from the more ships that you lose.

So easily 1 billion a week, more like 3-4 billion / week, with good escalation drops.
Jake Warbird
Republic Military School
Minmatar Republic
#15 - 2014-06-30 19:49:43 UTC
Most will tell you that money is means to an end, but **** that. It's good to be rich.
Christina Project
Screaming Head in a Box.
#16 - 2014-06-30 20:02:25 UTC
Great thread! *takes notes*

[i]"Don't look into another human's bowl to see how much he has ... ... look into his bowl to see if he has enough !" - Sol[/i]

Alavaria Fera
GoonWaffe
#17 - 2014-06-30 20:05:16 UTC
Dinsdale Pirannha wrote:
Alavaria Fera wrote:
30b is maybe enough for a supercarrier and training a character (but if you buy character, needs a lot more).

You need like... 110bil for one of the very rare (due to being expensive) titans. That's why our alliance only has three or four ... dozens.


According to the well-informed metric given by Aryth, 50bil is only space middle class.


50 billion?

LOL. If you live in null sec, and are worth less than 100 billion, you are doing it oh so wrong.
45M / hour (after 15% tax) in an AFKtar, 3 hours/ day, 6 days a week = 800 M, plus who knows how many escalations. And let's not forget an SRP that actually your profit from the more ships that you lose.

So easily 1 billion a week, more like 3-4 billion / week, with good escalation drops.

Everyone reading this, if you want to see this amazing ratting figures, there's space in our nullsec rental program. You too can rat all the time.

Don't worry too much about the roaming interceptor gangs... though probably trillions by now have been exploded by them.

Triggered by: Wars of Sovless Agression, Bending the Knee, Twisting the Knife, Eating Sov Wheaties, Bombless Bombers, Fizzlesov, Interceptor Fleets, Running Away, GhostTime Vuln, Renters, Bombs, Bubbles ?

Felicity Love
Doomheim
#18 - 2014-06-30 20:07:29 UTC  |  Edited by: Felicity Love
1) "Buy Low, Sell High" 2) "most customers will pay for convenience" and 3) "Time is ISK".

Follow that and profits from Trading, in the billions, are pretty easy from there.

Enjoy

"EVE is dying." -- The Four Forum Trolls of the Apocalypse.   ( Pick four, any four. They all smell.  )

Christina Project
Screaming Head in a Box.
#19 - 2014-06-30 20:09:04 UTC
You people are hilarious.

You actually work for ISK ! XD

[i]"Don't look into another human's bowl to see how much he has ... ... look into his bowl to see if he has enough !" - Sol[/i]

Seven Koskanaiken
Shadow Legions.
SONS of BANE
#20 - 2014-06-30 20:16:20 UTC
I don't get out of bed for less than a tril a day.
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