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101. Banks. We need them. - in Market Discussions [original thread]
Jake Andarius wrote: I wish this post occurred much earlier in the thread to explicitly lay out the past consequences of banks. I was in the process of finding those specific numbers and writing out a post earlier in the thread, but I believe ...
- by Hexxx - at 2012.03.20 02:30:00
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102. Banks. We need them. - in Market Discussions [original thread]
Darth Tickles wrote: There was never an ounce of evidence for any of it. It could have been 0 isk for all the proof that was supplied. Darth Tickles wrote: By all means though, if you want to go around spamming adverts for your "bank...
- by Hexxx - at 2012.03.20 02:24:00
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103. Banks. We need them. - in Market Discussions [original thread]
Finally we get your thoughts laid out in detail. I may disagree with some, but it's largely philosophical and that's fine. I will pick on one thing though - the idea that "Trust is Dead". There have been three large Banks prior to EBANK and one ...
- by Hexxx - at 2012.03.20 01:49:00
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104. Banks. We need them. - in Market Discussions [original thread]
Darth Tickles wrote: You can keep making ridiculous strawmen arguments, but I think I've knocked enough of them down already that the point has been made. I'm actually kind of curious why you're still here...I thought it was apparent that you'...
- by Hexxx - at 2012.03.19 22:00:00
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105. Banks. We need them. - in Market Discussions [original thread]
Darth Tickles wrote: Jake Andarius wrote: I am curious if you could expand on your feelings towards.... There's nothing to expand on. It's a stupid idea that has created far more "harm" than "good" (using the inherent values someone conce...
- by Hexxx - at 2012.03.19 21:41:00
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106. Banks. We need them. - in Market Discussions [original thread]
Darth Tickles wrote: You gotta break free of your self-imposed intellectual cages, maaaan. Pot, I'd like to introduce you to Kettle. I'm sure you'll find that you both have much in common.
- by Hexxx - at 2012.03.19 18:06:00
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107. Banks. We need them. - in Market Discussions [original thread]
Kara Roideater wrote: Now, let's get back to bashing Hexxx. That's the important thing.
- by Hexxx - at 2012.03.19 17:57:00
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108. Banks. We need them. - in Market Discussions [original thread]
Darth Tickles wrote: Ok, except I just said I'll spend an hour of my life pointing people in the right direction. Even if I hadn't promised that, there is nothing inherently valuable about bad ideas. Nothing that privileges the creator of bad i...
- by Hexxx - at 2012.03.19 17:45:00
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109. Banks. We need them. - in Market Discussions [original thread]
Darth Tickles wrote: Kara Roideater wrote: Jake, in order for Darth to understand that you have shot down an idea you must also insult the person who forwarded said idea. Strange, I know, but it's just how his hearing works. Hey, I've bee...
- by Hexxx - at 2012.03.19 17:04:00
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110. Banks. We need them. - in Market Discussions [original thread]
Jake Andarius wrote: Hexxx wrote: I actually iterated on all of EBANK's functionality with proper financial accounting as part of the Insurance project that Sencnes and I tried to launch. Do you have a link to a forum posting about that?...
- by Hexxx - at 2012.03.19 00:36:00
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111. Banks. We need them. - in Market Discussions [original thread]
Acac Sunflyier wrote: Hexx, are you considering building another bank? I actually iterated on all of EBANK's functionality with proper financial accounting as part of the Insurance project that Sencnes and I tried to launch. I shut it down b...
- by Hexxx - at 2012.03.18 23:14:00
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112. Banks. We need them. - in Market Discussions [original thread]
I would encourage people not to get stuck on loans as the only way for a Bank to make ISK. There are three major revenue streams for a bank as I see it (personal opinion and all); 1) Loans, limited market, scales well so long as the market for th...
- by Hexxx - at 2012.03.18 22:06:00
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113. Banks. We need them. - in Market Discussions [original thread]
Credit default swaps done out of game could help. http://en.wikipedia.org/wiki/Credit_default_swap
- by Hexxx - at 2012.03.18 19:55:00
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114. Banks. We need them. - in Market Discussions [original thread]
Darth Tickles wrote: A "teller" deposit bank is inherently illogical and simply a vanity project. Vanity projects are fine, except when you require destroying trillions of isk in value as part of the process, unless of course that is your inten...
- by Hexxx - at 2012.03.18 16:17:00
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115. Banks. We need them. - in Market Discussions [original thread]
Kara Roideater wrote: Hexxx wrote: The Bank, being a fractional reserve bank, MUST use it's money to make more money. Loans are an easy and scalable way to use large amounts. Money loaned is also used, increasing the velocity of money. The d...
- by Hexxx - at 2012.03.18 14:36:00
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116. Banks. We need them. - in Market Discussions [original thread]
Darth Tickles wrote: Hexxx wrote: And yet it's happened before....crazy. And those irrationally exuberant examples showed just how awful and unworkable the idea is. I don't give up as easily as some people do. I'm weird like that.
- by Hexxx - at 2012.03.18 13:19:00
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117. Banks. We need them. - in Market Discussions [original thread]
This is partly to address some comments Adunh Slavy made and to clarify the theory. A character that deposits ISK in the Bank only deposits ISK that they can't use (this is why people invest in the first place). Maybe they're too busy, maybe they...
- by Hexxx - at 2012.03.18 13:15:00
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118. Banks. We need them. - in Market Discussions [original thread]
Darth Tickles wrote: That is a lot of words for something that is never going to happen. If people want to have fun discussing hypotheticals, then by all means go nuts. However, if you think this is actually going to happen, you are sadly wast...
- by Hexxx - at 2012.03.18 06:08:00
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119. Banks. We need them. - in Market Discussions [original thread]
Tanya Powers wrote: Dane Eham wrote: Most people wouldn't use a bank in the real world if they had an Eve wallet True but actually humans are so well dressed like pets by money, it's bank dealers and the fact everything is worth of mone...
- by Hexxx - at 2012.03.18 06:07:00
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120. Banks. We need them. - in Market Discussions [original thread]
DoraTheExplora Taft wrote: May I just submit an idea for stock pricing in eve? A somewhat intuitive framework would be to simply directly tie a base stock price to the value of a special wallet division in a corporation. Let's call it the "inve...
- by Hexxx - at 2012.03.17 21:30:00
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