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Uncollateralized, 1b, @12.5% interest, 30 days.

Author
RAW23
#21 - 2014-12-05 11:13:42 UTC
Artemis Scat wrote:
Tear Jar wrote:
Koniforous wrote:
I think I'm going to start asking debtors for a screen shot if their character select log on screen, and one of the remaining time on their account....

starting with 1bil is pretty high, Mr. Scat, but best of luck. You *seem* legit and I would full this if I had the capital.


1 bil is fairly low for a loan, even a starter loan. Less than that and its less time and effort to just farm it. Heck, my first loan was 4-5 bil iirc and I didn't even offer my API.


Have you any suggestions to make myself more presentable as debtor?


You are asking a scammer for advice ...

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Tear Jar
New Order Logistics
CODE.
#22 - 2014-12-05 14:04:17 UTC
RAW23 wrote:
Artemis Scat wrote:
Tear Jar wrote:
Koniforous wrote:
I think I'm going to start asking debtors for a screen shot if their character select log on screen, and one of the remaining time on their account....

starting with 1bil is pretty high, Mr. Scat, but best of luck. You *seem* legit and I would full this if I had the capital.


1 bil is fairly low for a loan, even a starter loan. Less than that and its less time and effort to just farm it. Heck, my first loan was 4-5 bil iirc and I didn't even offer my API.


Have you any suggestions to make myself more presentable as debtor?


You are asking a scammer for advice ...


Look I got my loaned filled didn't I? And with much less effort than Jerry's guide.
Tear Jar
New Order Logistics
CODE.
#23 - 2014-12-05 14:05:42 UTC
RAW23 wrote:
Tear Jar wrote:
Koniforous wrote:
I think I'm going to start asking debtors for a screen shot if their character select log on screen, and one of the remaining time on their account....

starting with 1bil is pretty high, Mr. Scat, but best of luck. You *seem* legit and I would full this if I had the capital.


1 bil is fairly low for a loan, even a starter loan. Less than that and its less time and effort to just farm it. Heck, my first loan was 4-5 bil iirc and I didn't even offer my API.


Actually, you did offer your API in your initial post (or the offer you copied and pasted did) but you then failed to provide it when asked and didn't respond to posts noting that failure.


Its been awhile. IIRC I was sort of dodgy on the subject, like "I will present my API but I am worried about people stealing my trading secrets. How can we mitigate the risk of that?". Then just kept up that train of conversation till the loan was filled.
Tigerras
Smash Incorporated
#24 - 2014-12-05 15:15:44 UTC
Artemus provided me his API information and I looked through it. I am not convinced enough at his trading skills or need for the loan but I am willing to provide a collateralized loan.


YMMV
Arancar Australis
Dead Sun Rising Enterprises
#25 - 2014-12-05 15:33:35 UTC
Tear Jar wrote:
RAW23 wrote:
Tear Jar wrote:
Koniforous wrote:
I think I'm going to start asking debtors for a screen shot if their character select log on screen, and one of the remaining time on their account....

starting with 1bil is pretty high, Mr. Scat, but best of luck. You *seem* legit and I would full this if I had the capital.


1 bil is fairly low for a loan, even a starter loan. Less than that and its less time and effort to just farm it. Heck, my first loan was 4-5 bil iirc and I didn't even offer my API.


Actually, you did offer your API in your initial post (or the offer you copied and pasted did) but you then failed to provide it when asked and didn't respond to posts noting that failure.


Its been awhile. IIRC I was sort of dodgy on the subject, like "I will present my API but I am worried about people stealing my trading secrets. How can we mitigate the risk of that?". Then just kept up that train of conversation till the loan was filled.


Call it what it really was, a scam plain and simple.
RAW23
#26 - 2014-12-05 16:48:19 UTC
Tear Jar wrote:
RAW23 wrote:
Tear Jar wrote:
Koniforous wrote:
I think I'm going to start asking debtors for a screen shot if their character select log on screen, and one of the remaining time on their account....

starting with 1bil is pretty high, Mr. Scat, but best of luck. You *seem* legit and I would full this if I had the capital.


1 bil is fairly low for a loan, even a starter loan. Less than that and its less time and effort to just farm it. Heck, my first loan was 4-5 bil iirc and I didn't even offer my API.


Actually, you did offer your API in your initial post (or the offer you copied and pasted did) but you then failed to provide it when asked and didn't respond to posts noting that failure.


Its been awhile. IIRC I was sort of dodgy on the subject, like "I will present my API but I am worried about people stealing my trading secrets. How can we mitigate the risk of that?". Then just kept up that train of conversation till the loan was filled.


Yep - that was more or less it. Silly people were happy to throw isk at you even with major questions outstanding and a reversal of the position in the (pasted OP). I am often amazed how clueless investors can be, even when someone is there asking the questions for them but you played it very well by just not responding on that topic.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Artemis Scat
Thebes Guild
#27 - 2014-12-05 17:12:30 UTC
Tigerras wrote:
Artemus provided me his API information and I looked through it. I am not convinced enough at his trading skills or need for the loan but I am willing to provide a collateralized loan.


YMMV

I have decided not to accept the suggested collateralized loan because I cannot see the benefit to it for my trading. Any collateral I would have would be drawing away from my capital and, in effect, be doing exactly the opposite of my original intention, as I tend to not keep an item for longer than a week and a half. This being said, I am still open to anyone willing to put in the effort to check me out.

Just to clear up any misinformation that anyone would have: I never said that I had gained all of my money through trading. When I began this account, I started in the positive 1 PLEX and 600m as a result of the buddy system. Then when PLEX prices were hitting that natural rebound point, I bought 2 PLEXs for real life currency and sold them ingame. Furthermore, because of my buddy link I have received 2 PLEXs from that because of people who did not claim the isk I promised them (Though, I have the amounts that I owe them saved in case they decide to claim within 30 days). From the people who did claim the isk, I profited around 250m. This comes up to roughly 5.75billion isk. Furthermore, in the second week of the game, I lost an industrial ship carrying about 300m in trade goods to a HighSec ganker.

Since I have traded a large amount of isk back and forth between my other account, it is difficult to say what my actual profits have been in my first month of being in the game, but I estimate roughly 1.5 billion isk as the worth on this account is at about 7 billion. All of what I just said can be verified using my api.
Tigerras
Smash Incorporated
#28 - 2014-12-05 18:30:25 UTC
Artemis Scat wrote:
Tigerras wrote:
Artemus provided me his API information and I looked through it. I am not convinced enough at his trading skills or need for the loan but I am willing to provide a collateralized loan.


YMMV

I have decided not to accept the suggested collateralized loan because I cannot see the benefit to it for my trading. Any collateral I would have would be drawing away from my capital and, in effect, be doing exactly the opposite of my original intention, as I tend to not keep an item for longer than a week and a half. This being said, I am still open to anyone willing to put in the effort to check me out.

Just to clear up any misinformation that anyone would have: I never said that I had gained all of my money through trading. When I began this account, I started in the positive 1 PLEX and 600m as a result of the buddy system. Then when PLEX prices were hitting that natural rebound point, I bought 2 PLEXs for real life currency and sold them ingame. Furthermore, because of my buddy link I have received 2 PLEXs from that because of people who did not claim the isk I promised them (Though, I have the amounts that I owe them saved in case they decide to claim within 30 days). From the people who did claim the isk, I profited around 250m. This comes up to roughly 5.75billion isk. Furthermore, in the second week of the game, I lost an industrial ship carrying about 300m in trade goods to a HighSec ganker.

Since I have traded a large amount of isk back and forth between my other account, it is difficult to say what my actual profits have been in my first month of being in the game, but I estimate roughly 1.5 billion isk as the worth on this account is at about 7 billion. All of what I just said can be verified using my api.


This is roughly confirmed from API data. I can't validate how the buddy system works or the amount made from trading but cash on hand plus orders was about 7.5bn (margin trading skill at lvl 3) and there were 5 or 6 PLEXes sold with none purchased. One donation matches claiming isk mentioned above) and the only others were some to cista for the pyramid game and 20m to an alt that was mentioned to me.

There was trading in a couple hubs with a large number of orders on a variety of items. Pricing I checked seemed right and journal transactions are consistent with trading. Skills are trading/industrialist. SP totals are about correct for the time the character has existed.

Sorry we couldn't come to an agreement.
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#29 - 2014-12-05 21:05:44 UTC
Tear Jar wrote:

Look I got my loaned filled didn't I? And with much less effort than Jerry's guide.


if i could edit the guide id add your angle in, it doesnt always work though, many thread where question is dodged is not filled.

i try not get banned by staying on topic. the last 10 posts here had nothing to do with the OP, more to do with jerry fanboi

on topic:

anyone doing a collateralized loan is roleplaying, coz they can easily just sell the item for the isk, without paying interest, and re-buy another one if required.

OP was right to refuse a collateral loan!

@JerryTPepridge

Elizabeth Norn
Nornir Research
Nornir Empire
#30 - 2014-12-05 22:31:21 UTC
Jerry T Pepridge wrote:

anyone doing a collateralized loan is roleplaying, coz they can easily just sell the item for the isk, without paying interest, and re-buy another one if required.


Unless the items are hard to sell or source, or appreciate at a higher rate than what you pay in interest.
Arancar Australis
Dead Sun Rising Enterprises
#31 - 2014-12-06 11:22:19 UTC
RAW23 wrote:
Tear Jar wrote:
RAW23 wrote:
Tear Jar wrote:
Koniforous wrote:
I think I'm going to start asking debtors for a screen shot if their character select log on screen, and one of the remaining time on their account....

starting with 1bil is pretty high, Mr. Scat, but best of luck. You *seem* legit and I would full this if I had the capital.


1 bil is fairly low for a loan, even a starter loan. Less than that and its less time and effort to just farm it. Heck, my first loan was 4-5 bil iirc and I didn't even offer my API.


Actually, you did offer your API in your initial post (or the offer you copied and pasted did) but you then failed to provide it when asked and didn't respond to posts noting that failure.


Its been awhile. IIRC I was sort of dodgy on the subject, like "I will present my API but I am worried about people stealing my trading secrets. How can we mitigate the risk of that?". Then just kept up that train of conversation till the loan was filled.


Yep - that was more or less it. Silly people were happy to throw isk at you even with major questions outstanding and a reversal of the position in the (pasted OP). I am often amazed how clueless investors can be, even when someone is there asking the questions for them but you played it very well by just not responding on that topic.


Now now RAW, we took a risk that we were happy to take, irrespective of what was outstanding or not and considering that this is not real, a loss of pixelated money is not something to whine over. You win some, you lose some, but at the end of the day my enjoyment of this game was not lessened by the loss.
Artemis Scat
Thebes Guild
#32 - 2014-12-06 14:15:00 UTC
I feel like more people should have this type of mindset ^
RAW23
#33 - 2014-12-06 17:19:22 UTC  |  Edited by: RAW23
Arancar Australis wrote:

Now now RAW, we took a risk that we were happy to take, irrespective of what was outstanding or not and considering that this is not real, a loss of pixelated money is not something to whine over. You win some, you lose some, but at the end of the day my enjoyment of this game was not lessened by the loss.


Well, that's definitely the right attitude to take and I know your investing record is pretty good. But it just seems basic to me that if someone promises something in the op and then doesn't deliver in the thread, then dodges important questions, they just shouldn't be getting investments. 'Silly' may have been the wrong word but I do think the bet there was a strategically poor one.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Elizabeth Norn
Nornir Research
Nornir Empire
#34 - 2014-12-06 17:21:21 UTC
Arancar Australis wrote:


Now now RAW, we took a risk that we were happy to take, irrespective of what was outstanding or not and considering that this is not real, a loss of pixelated money is not something to whine over. You win some, you lose some, but at the end of the day my enjoyment of this game was not lessened by the loss.


Is your goal to win or to lose though?
Arancar Australis
Dead Sun Rising Enterprises
#35 - 2014-12-07 14:48:21 UTC
RAW23 wrote:
Arancar Australis wrote:

Now now RAW, we took a risk that we were happy to take, irrespective of what was outstanding or not and considering that this is not real, a loss of pixelated money is not something to whine over. You win some, you lose some, but at the end of the day my enjoyment of this game was not lessened by the loss.


Well, that's definitely the right attitude to take and I know your investing record is pretty good. But it just seems basic to me that if someone promises something in the op and then doesn't deliver in the thread, then dodges important questions, they just shouldn't be getting investments. 'Silly' may have been the wrong word but I do think the bet there was a strategically poor one.


I'm not overly disagreeing with you and what you are saying. At the time, the risk was worth it in my eyes, but hindsight proved me wrong. But the important thing that i learnt from that, is the asking of the right questions and looking at not what is said but is left unsaid. It may be a game and i enjoy all of the facets that it allows, but doesn't mean i cannot learn from it Smile
Arancar Australis
Dead Sun Rising Enterprises
#36 - 2014-12-07 14:55:24 UTC
Elizabeth Norn wrote:
Arancar Australis wrote:


Now now RAW, we took a risk that we were happy to take, irrespective of what was outstanding or not and considering that this is not real, a loss of pixelated money is not something to whine over. You win some, you lose some, but at the end of the day my enjoyment of this game was not lessened by the loss.


Is your goal to win or to lose though?


The third option....to make a trillion and then give it to you.

A worthy goal don't you thinkP

But seriously, the goal is to win at what i want to win at and to not let the losses wreck what is a good game to play. I take note of those like you and RAW and learn a bit more each time, and hopefully some of it sticks and i acheive those goals i want.
JohnathanGalt
Northern Sky Industries
#37 - 2014-12-08 20:35:19 UTC
Artemis, a long time ago, I ran a bond to get started in trading. it was very successful, paid out over 2.5 Billion in interest, and was repaid in full. https://forums.eveonline.com/default.aspx?g=posts&m=1763408#post1763408

I am going to return the favor and cover half your bond - 500m isk, because someone has to take a risk around here. If you reply with acceptance, i will send over the isk around 0200 on the 9th.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#38 - 2014-12-08 20:55:33 UTC
JohnathanGalt wrote:
Artemis, a long time ago, I ran a bond to get started in trading. it was very successful, paid out over 2.5 Billion in interest, and was repaid in full. https://forums.eveonline.com/default.aspx?g=posts&m=1763408#post1763408

I am going to return the favor and cover half your bond - 500m isk, because someone has to take a risk around here. If you reply with acceptance, i will send over the isk around 0200 on the 9th.

What my learned friend is trying to say is:

I LIKE IT!

ISK SENT!
Sabriz Adoudel
Move along there is nothing here
#39 - 2014-12-08 23:20:58 UTC
Tear Jar wrote:
RAW23 wrote:
Tear Jar wrote:
Koniforous wrote:
I think I'm going to start asking debtors for a screen shot if their character select log on screen, and one of the remaining time on their account....

starting with 1bil is pretty high, Mr. Scat, but best of luck. You *seem* legit and I would full this if I had the capital.


1 bil is fairly low for a loan, even a starter loan. Less than that and its less time and effort to just farm it. Heck, my first loan was 4-5 bil iirc and I didn't even offer my API.


Actually, you did offer your API in your initial post (or the offer you copied and pasted did) but you then failed to provide it when asked and didn't respond to posts noting that failure.


Its been awhile. IIRC I was sort of dodgy on the subject, like "I will present my API but I am worried about people stealing my trading secrets. How can we mitigate the risk of that?". Then just kept up that train of conversation till the loan was filled.



I was surprised at how well you fooled me that you were legit. I recall we talked in the minerbumping chat about region trading of mining equipment around ganking hotspots, and I told you a couple of my tricks for it, then you put up the loan request.

Glad you didn't get any ISK out of me (not that I'm into lending; I prefer actively investing my capital rather than facilitating someone else's active investment). You're the scammer that's come closest, and I respect you for it.

I support the New Order and CODE. alliance. www.minerbumping.com

Artemis Scat
Thebes Guild
#40 - 2014-12-08 23:56:03 UTC
JohnathanGalt wrote:
Artemis, a long time ago, I ran a bond to get started in trading. it was very successful, paid out over 2.5 Billion in interest, and was repaid in full. https://forums.eveonline.com/default.aspx?g=posts&m=1763408#post1763408

I am going to return the favor and cover half your bond - 500m isk, because someone has to take a risk around here. If you reply with acceptance, i will send over the isk around 0200 on the 9th.


I sent you a message in game accepting your offer, Mr Galt.

I am still looking for another 500 million isk, though, if anyone else would like in at 12.5% interest at 30 days of term.
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