so your giving 12 plex this month, and how many plex are you asking for next month?

I can supply up to three at the low low price of 600 million isk each.
If there is competition I could go down to 500 million isk each.

Sadly, we are in an unconfirmed pattern, it will get confirmed only once price dips down and hits 475M from below and this could happen in about 1 month and half (unless price gets some unforeseen support).
Therefore it's not predictable and / or not convenient to accept this forward contract for below 495M.

If you can accept for that amount I am willing to take 6 PLEX.

i'll 0.01 isk VV for basically 3 plexes aswell..

What he says i'll 0.01 isk better to save multiple posts.

I will pledge one (1) PLEX at a clean 400 million, and one (1) PLEX at 450 million, to a total of two (2) PLEXes at 850 million.

Can I do 1 PLEX for 520million?

VV bids 495m? I think it's very unlikely she would be willing to pay more than 3%/month in interest, so she probably expects PLEX prices not to rise above 510m (that number sounds familiar... maybe I should try that divination thingie, too?).
We also see that she would make a nice 3% purely passively if PLEX prices were to drop to 480m.

Could you explain why you'd make such an offer?

You're getting cash up front for a delivery in 4 weeks; given that you can use the cash to make some profit during those 4 weeks, I'd expect the price to be slightly lower than the expected price of PLEX in 4 weeks. Now the price might rise a bit, but surely not to 525M+ in just 4 weeks? It hasn't been above 500M in years!

Sure.

I'm playing the game. You offered 12 PLEX with these extremely generous rules and at the moment I posted there weren't 12 bids yet. So I bid high but not too high, with a number that (assuming you decided I was legit/we could arrange collateral) would almost certainly guarantee me a profit unless the market did something extremely unexpected.

I figured you'd most likely either reject the offer or that I'd get outbid. But on the small chance that neither of those things happened, I'd come out of this ahead before I even started. Overall, an excellent position to play from.

3 @ 485M

I'll cover all 12, or as many as remain available, at 490 MISK.

12@ 489 Misk - (collateral is ready).

Estel is basically asking for a Dutch Auction on a bond that is also a forward where the investors take a short position.

Sure.

I'm playing the game.

2@ 494999999.98

considering there were at least 11 offers already and that the OP isn't obligated to take any and/or all of the offers, the 520 position is a terrible position to start with as it's highly unlikely that you'll get anything from it.

There were 8 bids. It's an auction. I can bid again and it cost me nothing to try. There was no downside.

Up to 12 @ 480m each - with PLEX as collateral

Got a baby

Seems like the best plan here is to make 4 alts and keep at the bottom of the bidding until the people who aren't planning to scam are run off. Of course, that runs the risk (if another person is doing the same thing) of reducing the expected yield of the scam to extraordinarily low amounts.

tl;dr I would be shocked to see you get anywhere near 12 Plex at the end of the month.

Interesting. I'd like to get in at 485mil, 2 slots if possible

Yeah because that would totally not be obvious, 4 alts outbidding everyone.


Prepare to be schocked!



So you're basically going to give me my 100M back?

I have listed your bid, but it is not one of the winning bids (just below the cutoff). You'll have to bid lower than that if you want a chance to win (see post #2).

Yeah because that would totally not be obvious, 4 alts outbidding everyone.


Prepare to be schocked!

@Estel, does the location of the contracted plex matter to you?

Good point. I greatly prefer Jita, but will accept any location in contiguous high-sec.

Seems like the best plan here is to make 4 alts and keep at the bottom of the bidding until the people who aren't planning to scam are run off. Of course, that runs the risk (if another person is doing the same thing) of reducing the expected yield of the scam to extraordinarily low amounts.

tl;dr I would be shocked to see you get anywhere near 12 Plex at the end of the month.

See, this is not GD. People here are subtler than that.

It's much more possible that someone are underbidding to make the others end up losing more money (translated: get worse loan vs interest to return) than Estel having 4 alts.

1@480M

But you are being a bit optimistic if you expect to re-gain all 12 PLEXes back. You really should protect yourself with further steps. >.<

Post 2 is updated with all bids so far.
Bidding ends at 23:59 tonight!



You are the highest risk, with your (and your alts') many posts on the Character Bazaar and your few posts on MD.

I'll just go hide under a rock again (with my 'many' alts). I guess since I have 3 accounts nowadays that's a crime on MD?

Good luck with your project.

In the end, my 495M offer was not far off the track.

Argh, bugger.
I had a thunderstorm come yesterday, which killed off my power for the better part of 12 hours. -.-;;
Contract is up, if you need any other form of compensation, send me an evemail, mate.