Market Discussions

Illegal Investments is open!
See post #1 for account details and account opening procedures.

II

Awesome news.

Will drop you an eve mail with some questions.

I'm unsure as to exactly what your question is.

My position is as it was when I first started the bank. I wanted additional ISK to trade with while also offering a FAIR return to players who chose to invest.
I'm not someone who spends all day trading to maximise profit but tends to focus more on trade that involve the purchase, movement and resale of goods without the hassle of constantly updating orders. I find this trading works for me and scales well with the accounts holders involvement.
I was refining my strategy up to the day I had to close.
Example of eve-mogul 7 day graph with 30b on the market.
Excluding today (27th on graph) the MEAN is 146m. With 30b of account holders money I would be paying out 75m a day in interest.
That's a profit for II of 76m. Seems fair right?
Also note that the data shown are the results of trades from the few times I logged in while I was away.

Of course there are goods days and bad days as the graph shows but I have never not made enough to cover the interest.

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The original offer, presumably you are referring to the 0.5% daily?
This was an error on my part. I didn't believe II was going to be as popular as it was and after doing some calculations realised I was either going to have to FIX the interest rates and allow II to actually survive or stop the service.
I was having a lot of fun so decided to rework things.

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I will not be discussing the ban on the forums as I know the forum rules state something along the lines of discussing bans as a nono.
*Censored


II

Just released the new "Citadel" Savings Account with 0.33% Daily Compounding Interest (10% Monthly).

See post #1 for details


II

Deposited 500mil for personal Orca Savings Account.

I was holding 46b at one point when I was running before.

I wouldn't say I'm unknown. I may be unknown to you or in the sense that i've not been dealing on the market forums for years but you all had to start somewhere. If only people with years of history were getting loans then it would be a scary place.

As for credibility, I would hope that people can make an informed decision by my history and either join my in game channel or speak to me via mail.
I do think my credibility has grown since I started however dealing with uncollateralised isk I still think needs a decent ROI so the interest rates will be staying where they are.


I'm not going my make my trading actives much more transparent than perhaps talking about items I've traded after the trade has happened.

There is an ISK cap, on the accounts it's 25B. That cap is per character so people could make several characters and deposit more if they wished.


I'm a pretty relaxed trader, I don't make billions and billions a day, I usually make just over double the interest if you avg the profit over the week.
7 Days
Not that the trends I'm trading can take anywhere from a day to a few weeks to trend back. This should give you an idea how things are progressing.
Put simply this trading method was a lot better than the inter regional trading I was doing before when I was making 300m a day or so. NO haulers fees, no need to worry about other characters, though I may expand to Amarr when I start to run out of items in Jita.


II

Best wishes

*Citadel Account holder*

KD

Actually you are in luck, this week we're offering a special on our 0.0 accounts for first time customers.

You will receive an account opening reward of 0.0% the amount of the first deposit as well as a monthly bonus of 0.0%.

If that wan't enough we even send a contract full of goodies worth 0.0% of the account as a thank you for being such a great customer.


Love from the Illegal Investments team


II





*Satire

If the interest takes you into the "next" level, would that new interest-rate be applied automatically?