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Edward Gruberman
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Posted - 2009.10.20 19:27:00 -
[271]
So has Ray given us our monthly news update yet, or was it to say there will be further updates in the future at some point? Boot to the head... |

cosmoray
Bella Vista Holdings Corp
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Posted - 2009.10.20 20:12:00 -
[272]
Originally by: Edward Gruberman So has Ray given us our monthly news update yet, or was it to say there will be further updates in the future at some point?
I read on the EBANK's website that they had adopted the Mayan calendar, which is 260 days per year.
No new updates will be available until February after the sacrifices and the solar eclipse in Peru.
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Kalrand
Charles Ponzi School of Business GoonSwarm
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Posted - 2009.10.20 20:24:00 -
[273]
you know the update is going to be largely "Oh hey, we're still playing with your money. No, you can't have it back".
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Dzil
Caldari Sausage Banking
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Posted - 2009.10.20 20:26:00 -
[274]
This is kinda like an "I'm quiting EVE" post, except everyone asking "Can I have my stuff?".
Dzil's Corp Sales - 200m |

Hexxx
Minmatar
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Posted - 2009.10.20 20:55:00 -
[275]
Originally by: cosmoray
Originally by: Edward Gruberman So has Ray given us our monthly news update yet, or was it to say there will be further updates in the future at some point?
I read on the EBANK's website that they had adopted the Mayan calendar, which is 260 days per year.
No new updates will be available until February after the sacrifices and the solar eclipse in Peru.
I've heard sacrifices are up 20%. That's good right?
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Gabriel Virtus
hirr
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Posted - 2009.10.20 21:46:00 -
[276]
Originally by: Amarr Citizen 155
Originally by: Gabriel Virtus This one was just glaring and ridiculous.
You're glaring and ridiculous.....and you grammar are the suck.
I know it doesn't seem as intelligent an argument since I'm not using the word "fallacy", but when I'm spewing bull**** I like to spread it around evenly.
Geez, they just crawl out of the woodwork. Aww, It's alright if you cannot understand. Maybe they hand out lollipops with the 75B in salaries?
Originally by: Amarr Citizen 155
Originally by: Gabriel Virtus This one was just glaring and ridiculous.
You're glaring and ridiculous.....and you grammar are the suck.
I know it doesn't seem as intelligent an argument since I'm not using the word "fallacy", but when I'm spewing bull**** I like to spread it around evenly.
There you go buddy, I cited the relevent parts of your post for you.
-GV
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abraheam
Dirty Denizens
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Posted - 2009.10.20 22:08:00 -
[277]
Thank you for this thread guys.
P.S. I would have told you so.
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RaWBLooD
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Posted - 2009.10.21 00:46:00 -
[278]
Originally by: Breaker77
Originally by: RaWBLooD Hexxx is a cool guy and so are all the other people working to get things done here.
I don't recall anyone saying they were not cool guys. Most of them were sucked into a bad deal and have to fix the mess they were left with.
Read the thread again, a lot of people are saying everyone involved is a scammer or an incompetent failure. They are weak people trying to bring down the greats around them. miners-you can: switch, rob, wardec, nerf, scam them, buy below market, pirate them on their way to sell. mining < trading, ratting, manufacturing from market bought minerals,they still wont go away |

Kalrand
Charles Ponzi School of Business GoonSwarm
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Posted - 2009.10.21 00:56:00 -
[279]
Originally by: RaWBLooD
Read the thread again, a lot of people are saying everyone involved is a scammer or an incompetent failure. They are weak people trying to bring down the greats around them.
Or just buying into the groupthink that the people who hold themselves out as experts are.
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Hexxx
Minmatar
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Posted - 2009.10.21 01:45:00 -
[280]
Originally by: Kalrand
Originally by: RaWBLooD
Read the thread again, a lot of people are saying everyone involved is a scammer or an incompetent failure. They are weak people trying to bring down the greats around them.
Or just buying into the groupthink that the people who hold themselves out as experts are.
Or just buying into the groupthink of people who believe there is no such thing as experts...because any failure at any time means an automatic revocation of your "member of the expert club" card.
Joy! The world is full of amateurs! 
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Gabriel Virtus
hirr
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Posted - 2009.10.21 01:52:00 -
[281]
Edited by: Gabriel Virtus on 21/10/2009 01:52:16 So is EBank accepting deposits?
-GV
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Gabriel Virtus
hirr
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Posted - 2009.10.21 01:57:00 -
[282]
Edited by: Gabriel Virtus on 21/10/2009 01:57:31
Originally by: Hexxx
Originally by: Kalrand
Originally by: RaWBLooD
crap
slightly less crap
Or just buying into the groupthink of people who believe there is no such thing as experts...because any failure at any time means an automatic revocation of your "member of the expert club" card.
Joy! The world is full of amateurs! 
Yes Hexxx, because everything is either black or white. There are only extremes in life. You are full of gems!
-GV
edit: oh wait, I forgot the 
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Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
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Posted - 2009.10.21 02:24:00 -
[283]
I heard that the world will end in 2012.. What happens if I dont get my ISK back before that time? I mean I think its a really bad thing of EBANK to do to us.
I WOULD LIKE AN ANSWER FROM THE WHOLE BOARD OF DIRECTORS NOW. WHAT HAPPENS IF THE WORLD ENDS BEFORE I GET MY ISK?
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Kalrand
Charles Ponzi School of Business GoonSwarm
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Posted - 2009.10.21 02:48:00 -
[284]
Originally by: Hexxx
Originally by: Kalrand
Originally by: RaWBLooD
Read the thread again, a lot of people are saying everyone involved is a scammer or an incompetent failure. They are weak people trying to bring down the greats around them.
Or just buying into the groupthink that the people who hold themselves out as experts are.
Or just buying into the groupthink of people who believe there is no such thing as experts...because any failure at any time means an automatic revocation of your "member of the expert club" card.
Joy! The world is full of amateurs! 
After arguing with, trolling, flaming, and taking part in a number of constructive conversations, I've come to the conclusion that a number of the people on the MD board actually know what they're talking about when we all play the pretend internet space ship finance game.
Most people are talking out of their ass with about a highschool level understanding of economics and business. And when you think about it, for a videogame, that's pretty good.
The problem is, not a lot of the nuggets of wisdom are coming from the people that had an untouchable cult of personality around them a few weeks ago.
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Breaker77
Gallente
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Posted - 2009.10.21 04:52:00 -
[285]
Originally by: Kalrand The problem is, not a lot of the nuggets of wisdom are coming from the people that had an untouchable cult of personality around them a few weeks ago.
I kinda agree, the "MD elite" have turned into a "hope my rep saves me" attitude.
While my bond ended early, I paid out interest for the entire length of the bond. While over 1 trillion in ISK just vanished into thin air from the experts.
Who would you put your ISK into?
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SencneS
Rebellion Against Big Irreversible Dinks
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Posted - 2009.10.21 05:55:00 -
[286]
Originally by: Breaker77 Who would you put your ISK into?
The ones that can MAKE one trillion ISK out of thin air of cause!
Amarr for Life |

MailDeadDrop
The Collective
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Posted - 2009.10.21 06:02:00 -
[287]
Originally by: Breaker77 Who would you put your ISK into?
Originally by: SencneS The ones that can MAKE one trillion ISK out of thin air of cause!
I'm under the impression that T20 doesn't work at CCP anymore, so I think this option is now closed.
MDD
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Ray McCormack
Kisoken Innovations
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Posted - 2009.10.21 06:26:00 -
[288]
Boy, I sure hope my rep can save me.
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Tesal
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Posted - 2009.10.21 06:42:00 -
[289]
Originally by: Hexxx
Originally by: Kalrand
Originally by: RaWBLooD
Read the thread again, a lot of people are saying everyone involved is a scammer or an incompetent failure. They are weak people trying to bring down the greats around them.
Or just buying into the groupthink that the people who hold themselves out as experts are.
Or just buying into the groupthink of people who believe there is no such thing as experts...because any failure at any time means an automatic revocation of your "member of the expert club" card.
Joy! The world is full of amateurs! 
The world is also full of wannabe experts.
And yes, there are a lot of scammers out there. The scammers outnumber the legit operations two to one. A majority of people will scam when presented with an opportunity and no penalty. This is why I am a fan of penalties, revenge and retribution.
Failure comes with a price.
You are a fan of medieval banking. I suggest you follow up your analysis on finances with medieval loan enforcement technique. That is what this is about. If a village leader didn't pay up, the banker went to their village, killed everyone, ****d what was left, then killed that, and took loot as payment. It doesn't matter if they deserve it, they owe money and cheated. Your word is bond, break it and you die. They must pay, they must die.
Banking is not a respectable profession. The only difference between a banker and a bandit is that a true banker will honor a contract to the end. In some ways I like bandits better than bankers, they are inclined to mercy occasionally at least.
I would add that KIA richly deserves the punishment it now receives. They will leave a legacy of corruption, RMT and illicit activities OOG and IG. I wonder if they paid taxes on the isk they stole and RMTed.
never stop posting...with alts. Now you know what it is to be owned. Mittani alt says hi. I win. You lose. For the honor of spit stained basement dwelling virgins. |

Lecherito
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Posted - 2009.10.21 07:04:00 -
[290]
Originally by: SencneS
Originally by: Breaker77 Who would you put your ISK into?
The ones that can MAKE one trillion ISK out of thin air of cause!
If scamming equates to making isk, then good point sir!
-L
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Josh Silver
Amarr GoonFleet GoonSwarm
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Posted - 2009.10.21 07:54:00 -
[291]
Originally by: Tesal I never put any of my own personal isk in EBank, but I didn't have zero exposure. I am interested in the assets they have and what a buyout might bring, especially once things have settled down after the patch and the isk fountains dry up.
What do you mean by ISK fountains? I have not heard of any intent to nerf mission rewards, rat bounties or ship insurance. Those are the only sources of ISK in game aside from minor NPC buy orders.
Quite the opposite, 0.0 ratting is meant to get improved which could have a significant dampening effect on the hisec->0.0 cashflow, leaving your empire "investors" with even more cash on hand than they have now.
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Tesal
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Posted - 2009.10.21 09:59:00 -
[292]
Originally by: Josh Silver
Originally by: Tesal I never put any of my own personal isk in EBank, but I didn't have zero exposure. I am interested in the assets they have and what a buyout might bring, especially once things have settled down after the patch and the isk fountains dry up.
What do you mean by ISK fountains? I have not heard of any intent to nerf mission rewards, rat bounties or ship insurance. Those are the only sources of ISK in game aside from minor NPC buy orders.
Quite the opposite, 0.0 ratting is meant to get improved which could have a significant dampening effect on the hisec->0.0 cashflow, leaving your empire "investors" with even more cash on hand than they have now.
Whenever there is a major change, something goes up a lot, a veritable fountain of isk. After a while you lose the premium value, and have to work more for the same amount of cash. The isk this patch is in supplying everything that supports the new isk streams. High end moons are nerfed, low end moons buffed, ratting rewards shifting to fewer systems, changes in manufacture, ships and equipment. New corps will head into 0.0 to claim space. There will be wars. People will need stuff so they can rat a lot to test the new system and fight to protect their space. All of that stuff will be needed quickly, and fast means expensive. You can make isk selling stuff for that use that supports where the isk in the game is going. That will dry up in a month or so after the patch and things will even out. Patch time is when you can double up if you think ahead and prepare.
never stop posting...with alts. Now you know what it is to be owned. Mittani alt says hi. I win. You lose. For the honor of spit stained basement dwelling virgins. |

Prodigal
Caldari New Genesis Project
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Posted - 2009.10.21 17:54:00 -
[293]
Originally by: Breaker77
Originally by: Kalrand The problem is, not a lot of the nuggets of wisdom are coming from the people that had an untouchable cult of personality around them a few weeks ago.
I kinda agree, the "MD elite" have turned into a "hope my rep saves me" attitude.
While my bond ended early, I paid out interest for the entire length of the bond. While over 1 trillion in ISK just vanished into thin air from the experts.
Who would you put your ISK into?
Keep in mind its most of YOU folks that made them "MD Elites" in the first place.
The term is still laughable and I do make that statement with the greatest of respect for those that you consider "Elite" as they are the ones that put the time, energy and effort into actually trying to accomplish something. Hell they even invite a bunch of chumps along to share in the spoils who return that favor with criticism and grief.
nuff said for now....
Cheers,
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Tiberizzle
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Posted - 2009.10.22 01:48:00 -
[294]
i am a very rich man I have 34bil in my wallit right now for every 1 isk u send me i will send you 1.02x that amount in 1 month, not a scam i promize!11 
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Hexxx
Minmatar
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Posted - 2009.10.22 03:55:00 -
[295]
Originally by: Gabriel Virtus Edited by: Gabriel Virtus on 21/10/2009 01:57:31
Originally by: Hexxx
Originally by: Kalrand
Originally by: RaWBLooD
crap
slightly less crap
Or just buying into the groupthink of people who believe there is no such thing as experts...because any failure at any time means an automatic revocation of your "member of the expert club" card.
Joy! The world is full of amateurs! 
Yes Hexxx, because everything is either black or white. There are only extremes in life. You are full of gems!
-GV
edit: oh wait, I forgot the 
Don't you know what sarcasm is? 
Oh, the silly questions I ask...
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Seyah Tebut
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Posted - 2009.10.22 06:03:00 -
[296]
This and previous EBANK threads make me feel happy I decided to withdraw everything out of both my accounts when the Ricdic fiasco hit. And more and more justified.
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Hexxx
Minmatar
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Posted - 2009.10.22 10:26:00 -
[297]
Originally by: Seyah Tebut This and previous EBANK threads make me feel happy I decided to withdraw everything out of both my accounts when the Ricdic fiasco hit. And more and more justified.
If you're looking for validation of your decision then I'm sure you'll be able to find it some how, some way.
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Hexxx
Minmatar
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Posted - 2009.10.22 10:41:00 -
[298]
Originally by: Tesal
Originally by: Hexxx
Originally by: Kalrand
Originally by: RaWBLooD
Read the thread again, a lot of people are saying everyone involved is a scammer or an incompetent failure. They are weak people trying to bring down the greats around them.
Or just buying into the groupthink that the people who hold themselves out as experts are.
Or just buying into the groupthink of people who believe there is no such thing as experts...because any failure at any time means an automatic revocation of your "member of the expert club" card.
Joy! The world is full of amateurs! 
The world is also full of wannabe experts.
And yes, there are a lot of scammers out there. The scammers outnumber the legit operations two to one. A majority of people will scam when presented with an opportunity and no penalty. This is why I am a fan of penalties, revenge and retribution.
Failure comes with a price.
You are a fan of medieval banking. I suggest you follow up your analysis on finances with medieval loan enforcement technique. That is what this is about. If a village leader didn't pay up, the banker went to their village, killed everyone, ****d what was left, then killed that, and took loot as payment. It doesn't matter if they deserve it, they owe money and cheated. Your word is bond, break it and you die. They must pay, they must die.
Banking is not a respectable profession. The only difference between a banker and a bandit is that a true banker will honor a contract to the end. In some ways I like bandits better than bankers, they are inclined to mercy occasionally at least.
I would add that KIA richly deserves the punishment it now receives. They will leave a legacy of corruption, RMT and illicit activities OOG and IG. I wonder if they paid taxes on the isk they stole and RMTed.
Well you're right, unless you're wrong.
The defaults from the monarchies of the French and English destroyed Florentine banks quite a few times. Trouble is, you can't go and attack a King, Duke, etc for defaulting a loan...they'll just kill you. And it's expensive. Sound familiar?
You're thinking micro(I loan to someone in my village, town, etc) and while that makes for some nice examples of what your perspective is on enforcement....it's not at all realistic.
Also, Banking serves the need of credit....without which economies would be lethargic on growth (and easily passed by economies with ample access to affordable credit) so while you may not like Banking, you'd be disadvantaged by not having access to it. You may not think it a respectable profession - but you'd be miserable if your economy didn't have access to their services.
Now, I happen to think that firms that belch forth complex derivatives (credit default swaps, dark pool exchanges, derivatives on derivatives, etc) and exotic sercurities (securitized mortgages so complex that the underlying asset risk valuation is unfathomable, etc) aren't so respectable....but I also understand the function of these instruments and the reasoning behind them. The ideas are good, but the execution is poor (lack of transparency or obfuscation of underlying assets) resulting in mis-pricing and long term market inefficiencies that result in a giant mess.
I make a very big effort to educate myself on this stuff and participate in it - I do write my own call options (a derivative) on securities I own in RL.
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SentryRaven
KIA Corp KIA Alliance
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Posted - 2009.10.22 11:37:00 -
[299]
Originally by: Tesal I would add that KIA richly deserves the punishment it now receives. They will leave a legacy of corruption, RMT and illicit activities OOG and IG. I wonder if they paid taxes on the isk they stole and RMTed.
What punishment are we talking about here? Seems I must have missed the memo about that.
And why would you think KIA was involved in any RMT? Care to show what you base your allegations on, "OOG and IG" as you put it? --------
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Pytria Le'Danness
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Posted - 2009.10.22 11:53:00 -
[300]
Originally by: Dzil This is kinda like an "I'm quiting EVE" post, except everyone asking "Can I have my stuff?".
This just made my day 
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