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141. Their are 4 way to loan money. 3 work IRL. One works in EVE. - in Market Discussions [original thread]
OllieNorth wrote: A contract without a system of enforcement is nothing more than a handshake, generally less binding than even that. Contracts are based upon the threat of punishment, nothing else. You should probably give this a read: Co...
- by Hexxx - at 2012.01.03 17:26:00
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142. Their are 4 way to loan money. 3 work IRL. One works in EVE. - in Market Discussions [original thread]
This should be "Two work in EVE" based on your definition, however, as you pointed out one is more risky than the other. This is why interest rates between secured bonds and unsecured bonds vary so much in EVE....the market prices in the risk. Jus...
- by Hexxx - at 2012.01.03 17:10:00
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143. Hypothetical Discussion - EVE Futures Contracts Specifications - in Market Discussions [original thread]
Ghoest wrote: Hexxx wrote: Ghoest wrote: Hexxx wrote: Are you actually being serious? How did people prove their identity back in the early days of banks and stock markets, circa mid/late-1400's? Fingerprints? DNA? Social Security ca...
- by Hexxx - at 2012.01.03 16:58:00
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144. Hypothetical Discussion - EVE Futures Contracts Specifications - in Market Discussions [original thread]
Ghoest wrote: Hexxx wrote: Are you actually being serious? How did people prove their identity back in the early days of banks and stock markets, circa mid/late-1400's? Fingerprints? DNA? Social Security cards? Forgery was rampant, easier ...
- by Hexxx - at 2012.01.03 16:30:00
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145. Hypothetical Discussion - EVE Futures Contracts Specifications - in Market Discussions [original thread]
Ghoest wrote: Look the noobs keep on coming. In EVE unlike real life. -scamming is legal -the is no physical recourse against scamming(traders can sit in a station forever) -identities are virtual not real(you can buy a new account and trans...
- by Hexxx - at 2012.01.03 16:28:00
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146. Hypothetical Discussion - EVE Futures Contracts Specifications - in Market Discussions [original thread]
Rakshasa Taisab wrote: Hexxx wrote: People have been working on this stuff sans the benefit of guarantees for hundreds of years. Your myopic contemporary view has you thinking in terms of 100% collateral and absolutes as the only viable envi...
- by Hexxx - at 2012.01.03 16:17:00
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147. Hypothetical Discussion - EVE Futures Contracts Specifications - in Market Discussions [original thread]
Ghoest wrote: Look a clueless noob magically appeared to prove I was right that even the most obvious bad ideas deserve to be shot down because theres a always a sucker willing to to believe. I write derivatives contracts on a regular basis...
- by Hexxx - at 2012.01.03 14:57:00
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148. Hypothetical Discussion - EVE Futures Contracts Specifications - in Market Discussions [original thread]
Ghoest wrote: ANY investment in EVE with out 100% collateral is just a scam waiting to happen. Yes, this is why some of us like to categorize risk into specific types to better discuss it. The risk you're referring to is the "inherent risk" ...
- by Hexxx - at 2011.12.30 13:56:00
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149. Bond #6 [Open]: 20bn, 12%, matures on Jan 29th, 2012. - in Market Discussions [original thread]
@DJ Blackman It's erroneous to use the phrase "Shareholder" in the context of investing in your Bond. There is a large difference in debt vs. equity when it comes to financial instruments and for good reason. I can't make you change it, and it ma...
- by Hexxx - at 2011.12.29 18:48:00
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150. Auditing Service Viable? - in Market Discussions [original thread]
It's been a while, and as Shar said, this has been something I've struggled with for some time. The following is an excerpt from a draft of a post I'm working on that I hope to post in entirity in the next month or so. In paticular, I need to work...
- by Hexxx - at 2011.12.29 14:47:00
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151. Server Crash insurance company forming - in Market Discussions [original thread]
Originally by: Tutskii Originally by: Hexxx Originally by: Michael Crammer Heres how I would run it. You would have to have in game insurance also. Basic Tech 1 ship insurance. Basic Tech 1 Fitting insurance. Basic Tech 1...
- by Hexxx - at 2011.07.19 13:06:00
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152. Server Crash insurance company forming - in Market Discussions [original thread]
Originally by: Michael Crammer Heres how I would run it. You would have to have in game insurance also. Basic Tech 1 ship insurance. Basic Tech 1 Fitting insurance. Basic Tech 1 Drone insurance. Basic Tech 1 Cargo insurance. And Tech 2 e...
- by Hexxx - at 2011.07.18 23:46:00
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153. Server Crash insurance company forming - in Market Discussions [original thread]
This is impossible to do. In station trades leave no trace. Crash happens, station trade your ships to your alt, collect payout. It helps to know what you're talking about before you try to post something like this.
- by Hexxx - at 2011.07.18 03:00:00
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154. Demand for investment bank/bond software? - in Market Discussions [original thread]
Originally by: Syven Entarion Thanks for feedback Hexxx, your perspective is certainly appreciated. And I will review those workflows and Solar more. Are there any other specific resources than those workflows I can look at? I didn't find ...
- by Hexxx - at 2011.07.09 18:25:00
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155. Demand for investment bank/bond software? - in Market Discussions [original thread]
Build the system, it's worth doing. Your scope is decent but will change as you become familiar with the EVE API and it's data. I would encourage you to take a look at the process flows that Sencnes has linked, many of them will address problems...
- by Hexxx - at 2011.07.09 16:24:00
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156. Tech III Strategic Cruiser Insurance - in EVE General Discussion [original thread]
Originally by: Naloth The idea has merit, though they are right, you'll need someone with credibility to back you. However, I am merely here to educate someone. Originally by: Ein Phantom Originally by: Hexxx we're trying...
- by Hexxx - at 2011.07.02 02:35:00
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157. Tech III Strategic Cruiser Insurance - in EVE General Discussion [original thread]
Originally by: Xercex II Edited by: Xercex II on 02/07/2011 01:20:13 Edited by: Xercex II on 02/07/2011 01:15:28 Leave aside the issue of trust in the following. (1) The math previously present was wrong. For a 90 day period: With...
- by Hexxx - at 2011.07.02 02:03:00
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158. Tech III Strategic Cruiser Insurance - in EVE General Discussion [original thread]
Originally by: Borun Tal Originally by: EFSI SencneS -- scam info deleted-- EFSI SencneS EVE Insurance You're nobody. Do you honestly expect anyone with any intelligence whatsoever to trust you with their ISK? Only one person...
- by Hexxx - at 2011.07.01 18:40:00
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159. Tech III Strategic Cruiser Insurance - in EVE General Discussion [original thread]
Edited by: Hexxx on 01/07/2011 18:18:05 Originally by: Morganta Edited by: Morganta on 01/07/2011 16:54:14 insurance in eve makes no sense. it uses the real world model of depreciated value in eve there is no depreciation of value...
- by Hexxx - at 2011.07.01 18:16:00
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160. Tech III Strategic Cruiser Insurance - in EVE General Discussion [original thread]
Originally by: Ingvar Angst Why do I suddenly recall a story of a guy that ran a bank in Eve some time back? Because Sencnes and I were both part of that, I wrote the code then, and using all of the lessons we learned during that debac...
- by Hexxx - at 2011.07.01 16:44:00
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