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Vilgan Mazran
Aperture Harmonics K162
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Posted - 2010.06.18 04:21:00 -
[1]
Edited by: Vilgan Mazran on 18/06/2010 04:21:47 So, now that the CCP version of "we'll double your isk!" is gone, how much did ebank get in on the opportunity to multiply their worth through tyrannis speculation? Between the reproc thing and the npc sold items that are guaranteed to go up to 2x-3x their npc sold value, a lot of guaranteed money was there for the taking for those who had the isk to invest.
Did you guys get in on the opportunity in a big way and use this as a way to rapidly increase net worth? If so, how much? If not, why not?
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Ray McCormack
Nordar Innovations.
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Posted - 2010.06.18 05:23:00 -
[2]
Originally by: Vilgan Mazran a lot of guaranteed money was there
Our magic crystal ball must have been broken.
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SamGromoff
Amarr Viziam
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Posted - 2010.06.18 05:37:00 -
[3]
everyone associated with Ebank in any way is excellent at this game c/d
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Companion Trollin
You are going too fast
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Posted - 2010.06.18 07:44:00 -
[4]
And here I thought you'd have a relevant question like: "What are you smoking and can I have some of it?"
♥
Originally by: CCP Shadow Off-topic posts dealing with sexual orientation have been removed. Please keep this discussion on-topic.
Thanks.
-- Shadow
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Ji Sama
Caldari Tash-Murkon Prime Industries manufacturing disaster
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Posted - 2010.06.18 09:27:00 -
[5]
Originally by: Companion Trollin And here I thought you'd have a relevant question like: "What are you smoking and can I have some of it?"
I have reported you for your cannabis reference! Talking about illegal drugs on the forums will not be tolerated, I have petitioned for a permanent BAN, and I hope you get it!
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Jasdemi
Caldari Caldari Manufacturing
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Posted - 2010.06.18 11:15:00 -
[6]
Why is EVE-Bank struggling so much? Just scam away the remaining ISKies and save a lot time recovering this broken bank, which will NEVER recover.
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RAW23
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Posted - 2010.06.18 11:30:00 -
[7]
Originally by: Vilgan Mazran Edited by: Vilgan Mazran on 18/06/2010 04:21:47 So, now that the CCP version of "we'll double your isk!" is gone, how much did ebank get in on the opportunity to multiply their worth through tyrannis speculation? Between the reproc thing and the npc sold items that are guaranteed to go up to 2x-3x their npc sold value, a lot of guaranteed money was there for the taking for those who had the isk to invest.
Did you guys get in on the opportunity in a big way and use this as a way to rapidly increase net worth? If so, how much? If not, why not?
High risk speculation in which you gamble on unknown factors (such as "will ccp punish module reprocessors?") is definitely not the way forward. EBANK needs steady, predictable earners not high risk/ high reward approaches.
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Vilgan Mazran
Aperture Harmonics K162
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Posted - 2010.06.18 13:41:00 -
[8]
Originally by: RAW23
Originally by: Vilgan Mazran Edited by: Vilgan Mazran on 18/06/2010 04:21:47 So, now that the CCP version of "we'll double your isk!" is gone, how much did ebank get in on the opportunity to multiply their worth through tyrannis speculation? Between the reproc thing and the npc sold items that are guaranteed to go up to 2x-3x their npc sold value, a lot of guaranteed money was there for the taking for those who had the isk to invest.
Did you guys get in on the opportunity in a big way and use this as a way to rapidly increase net worth? If so, how much? If not, why not?
High risk speculation in which you gamble on unknown factors (such as "will ccp punish module reprocessors?") is definitely not the way forward. EBANK needs steady, predictable earners not high risk/ high reward approaches.
stockpiling NPC sold items was high risk?
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Magnu Stormhawk
Stormhawk Enterprises
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Posted - 2010.06.18 13:50:00 -
[9]
Originally by: Vilgan Mazran
Originally by: RAW23
Originally by: Vilgan Mazran Edited by: Vilgan Mazran on 18/06/2010 04:21:47 So, now that the CCP version of "we'll double your isk!" is gone, how much did ebank get in on the opportunity to multiply their worth through tyrannis speculation? Between the reproc thing and the npc sold items that are guaranteed to go up to 2x-3x their npc sold value, a lot of guaranteed money was there for the taking for those who had the isk to invest.
Did you guys get in on the opportunity in a big way and use this as a way to rapidly increase net worth? If so, how much? If not, why not?
High risk speculation in which you gamble on unknown factors (such as "will ccp punish module reprocessors?") is definitely not the way forward. EBANK needs steady, predictable earners not high risk/ high reward approaches.
stockpiling NPC sold items was high risk?
Yes it was, Mr Hindsight. For that matter, may well still be.
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quygen
Minmatar Acting Neutral
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Posted - 2010.06.18 14:03:00 -
[10]
Originally by: Ji Sama
Originally by: Companion Trollin And here I thought you'd have a relevant question like: "What are you smoking and can I have some of it?"
I have reported you for your cannabis reference! Talking about illegal drugs on the forums will not be tolerated, I have petitioned for a permanent BAN, and I hope you get it!
It's not illegal where I'm from Viva Hollandia  Please resize your sig to a maximum of 400 x 120 - Mitnal
^ You seen it CCP =) Now go fix! |
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Torque Daisy
Caldari School of Applied Knowledge
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Posted - 2010.06.18 14:08:00 -
[11]
wuh? you expect e-bank to know anything about making isk? YOU FOOL! |

SencneS
Rebellion Against Big Irreversible Dinks
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Posted - 2010.06.18 14:10:00 -
[12]
My own personal little venture I was only able secured 500mil worth of ISK (About all I could secure because of recent purchases) total profit has not been realized yet.. That's all I was able to do due to short funds, I wouldn't have gone any higher then 1B ISK anyway I don't like speculation with other peoples money. My little managed part of EBANK's funds is not enough to take advantage of massive amounts of ISK. However, I had been playing with NPC markets anyway, it's low passive income, buy up a load of NPC items, sell it to NPCs over time. Even right now, There are some stations selling large volume of NPC items to the remaining NPC item stations (Items that where not taken over by PI). Pretty much all I did was take what I would have normally purchased and not sold it to NPCs just held for PI to clear.
Gambling on speculation is not something I do lightly and I avoid it with other peoples ISK even my friends. I make sure I let them know the potential loss etc if I telling them something. If I hadn't been purchasing NPC items already I wouldn't have retained the one I did purchase. |

SamGromoff
Amarr Viziam
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Posted - 2010.06.18 16:22:00 -
[13]
Originally by: RAW23
Originally by: Vilgan Mazran Edited by: Vilgan Mazran on 18/06/2010 04:21:47 So, now that the CCP version of "we'll double your isk!" is gone, how much did ebank get in on the opportunity to multiply their worth through tyrannis speculation? Between the reproc thing and the npc sold items that are guaranteed to go up to 2x-3x their npc sold value, a lot of guaranteed money was there for the taking for those who had the isk to invest.
Did you guys get in on the opportunity in a big way and use this as a way to rapidly increase net worth? If so, how much? If not, why not?
High risk speculation in which you gamble on unknown factors (such as "will ccp punish module reprocessors?") is definitely not the way forward. EBANK needs steady, predictable earners not high risk/ high reward approaches.
I, too, like investing already devalued assets with people I met on the Internet promising 5% returns a month instead of the obvious one everyone and their mother rushed into guaranteeing 200% returns in 3 days and counting
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Dramaticus
GoonWaffe Goonswarm Federation
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Posted - 2010.06.18 16:27:00 -
[14]
itt we are a bank that does not know how to invest
Please don't use RL pictuers of players in Sig without permission. - WeatherMan |

SencneS
Rebellion Against Big Irreversible Dinks
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Posted - 2010.06.18 17:29:00 -
[15]
Originally by: SamGromoff .... guaranteeing 200% returns in 3 days and counting
That is why you are not a bank...
Amarr for Life |

Tiberizzle
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Posted - 2010.06.18 18:50:00 -
[16]
Edited by: Tiberizzle on 18/06/2010 18:54:28
Originally by: SencneS
Originally by: SamGromoff .... guaranteeing 200% returns in 3 days and counting
That is why you are not a bank...
Or perhaps this is why you are several hundred billion ISK in the hole with a return to solvency projected to be some time around 2025.
You seem to be under the impression that E-Bank has made something resembling good choices and has respect remaining in the community.
Basically everything you guys say with a straight face causes me to giggle: you couldn't fail harder if you were trying.
There were several different ways to play the PI game to hedge the risk, if it wasn't already extremely obvious from SiSi which way things were going to go. It was. I personally reprocessed on day 1 to market until the margins dwindled on that, and then bought up during the panic to put structures into production. Recently I stockpiled NPC POS fuel and I'm in the process of dumping to market before the manufacturing crash. Basically if stuff like this isn't obvious to you, why the **** are you managing several hundred billion? Why hasn't E-Bank just given the ISK back to the depositors and admitted they haven't got a clue how to do this?
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Thrasymachus TheSophist
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Posted - 2010.06.18 20:21:00 -
[17]
Originally by: Tiberizzle Edited by: Tiberizzle on 18/06/2010 19:18:01
Originally by: SencneS
Originally by: SamGromoff .... guaranteeing 200% returns in 3 days and counting
That is why you are not a bank...
Or perhaps this is why you are several hundred billion ISK in the hole with a return to solvency projected to be some time around 2025.
You seem to be under the impression that E-Bank has made something resembling good choices and has respect remaining in the community.
Basically everything you guys say with a straight face causes me to giggle: you couldn't fail harder if you were trying.
There were several different ways to play the PI game to hedge the risk, if it wasn't already extremely obvious from SiSi which way things were going to go. It was. I personally reprocessed on day 1 to market until the margins dwindled on that, and then bought up during the panic to put structures into production. Recently I stockpiled NPC POS fuel and I'm in the process of dumping to market before the manufacturing crash.
Literally every change CCP made created another opportunity to double up or more. If stuff like this isn't obvious to you, why the **** are you managing several hundred billion? Why hasn't E-Bank just given the ISK back to the depositors and admitted they haven't got a clue how to do this?
Because then they wouldn't be oh-so-important, they wouldn't get constant attention, and their little scam-game would be up.
EveBank is a very evolved scam. Nothing more; nothing less. They have nominated themselves investment managers for billions of ISK that is not their's, and never was theirs (since deposits were always demand deposits). All the rest is just BS justifications that don't even make sense ....
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SencneS
Rebellion Against Big Irreversible Dinks
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Posted - 2010.06.18 20:54:00 -
[18]
Edited by: SencneS on 18/06/2010 20:56:02
Originally by: Tiberizzle Or perhaps this is why you are several hundred billion ISK in the hole.
So the fact the CEO ran off with several hundred billion ISK, issued several hundred billion ISK in unsecured loads and purchased several hundred billion ISK worth of BPOs which are worth less then a sheet of toilet paper had nothing to do with the massive hole we're trying to fill.
No you're absolutely right, it was the now current BOD making bad choices with what was left. If you and every other fool would risk 30% of what wealth you have left on speculation and wild guessing then you're just as bad as the CEO that left EBANK in this position.
I think I have a dead tree in the back yard that has more common sense then what you just vomited up.
Amarr for Life |

Dzil
Caldari Caldari Independent Navy Reserve OWN Alliance
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Posted - 2010.06.18 21:30:00 -
[19]
Originally by: Thrasymachus TheSophist
EveBank is a very evolved scam. Nothing more; nothing less. They have nominated themselves investment managers for billions of ISK that is not their's, and never was theirs (since deposits were always demand deposits). All the rest is just BS justifications that don't even make sense ....
Ebank isn't evolved or a scam, just a failed business that refuses to let go.
FWIW, I don't blame ebank for not diving on the patch, it's just as possible CCP could have end arounded speculators or classified some of the early PI moves as exploits, and then the bank would be in an even bigger world of hurt with a recovery projected out to 2065. However, clearly had depositors been given the option to take out their money at 1/3 or whatever, they could have independently reached full recovery in a couple weeks instead of a couple year saga. And T2 BPOs aren't exactly nerf proof, players have been calling for years for an end to T2 BPOs and if that nerf suddenly comes your assets are due for a butt hurt that'd make a prison guard blush.
Retired from corp sales. Time to spend some of this on pretty explosions :) |

SamGromoff
Amarr Viziam
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Posted - 2010.06.18 23:20:00 -
[20]
Originally by: SencneS Edited by: SencneS on 18/06/2010 20:56:02
Originally by: Tiberizzle Or perhaps this is why you are several hundred billion ISK in the hole.
So the fact the CEO ran off with several hundred billion ISK, issued several hundred billion ISK in unsecured loads and purchased several hundred billion ISK worth of BPOs which are worth less then a sheet of toilet paper had nothing to do with the massive hole we're trying to fill.
No you're absolutely right, it was the now current BOD making bad choices with what was left. If you and every other fool would risk 30% of what wealth you have left on speculation and wild guessing then you're just as bad as the CEO that left EBANK in this position.
I think I have a dead tree in the back yard that has more common sense then what you just vomited up.
1)your hole is being filled at a rate according to which 90% of your customers will have quit beforehand, assuming that nobody else runs off with the rest of the money by then (they will)
2)it was blatantly, incredibly obvious that PI was a way to untold riches and at least 3 of the people posting in this thread have already made as much money from it combined as your "bank" has left in assets, with more to come
3)you have literally called these people fools while being in charge of EBANK ahahahahaha
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Olusegun Obasanjo
Minmatar CENTRAL BANK OF NIGERIA
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Posted - 2010.06.18 23:30:00 -
[21]
Edited by: Olusegun Obasanjo on 18/06/2010 23:35:10
Originally by: Magnu Stormhawk
Originally by: Vilgan Mazran
Originally by: RAW23
Originally by: Vilgan Mazran Edited by: Vilgan Mazran on 18/06/2010 04:21:47 So, now that the CCP version of "we'll double your isk!" is gone, how much did ebank get in on the opportunity to multiply their worth through tyrannis speculation? Between the reproc thing and the npc sold items that are guaranteed to go up to 2x-3x their npc sold value, a lot of guaranteed money was there for the taking for those who had the isk to invest.
Did you guys get in on the opportunity in a big way and use this as a way to rapidly increase net worth? If so, how much? If not, why not?
High risk speculation in which you gamble on unknown factors (such as "will ccp punish module reprocessors?") is definitely not the way forward. EBANK needs steady, predictable earners not high risk/ high reward approaches.
stockpiling NPC sold items was high risk?
Yes it was, Mr Hindsight. For that matter, may well still be.
anyone with more than 3 braincells could see that NPC goods were the most insanely profitable expansion eve has ever had. 10x better than tech. im amazed akita did not splurge the boards with this one
the p4 reproc fiasco was just a diversion. people who came late to the party got burned, that probably increased the risk-aversion to the NPC goods market, which means more profits for those who used thier brains
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Thrasymachus TheSophist
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Posted - 2010.06.19 05:35:00 -
[22]
Originally by: Dzil
Ebank isn't evolved or a scam, just a failed business that refuses to let go.
Oh? When it was a going concern, if you asked for a withdrawal, did you get it?
They obtained people's money under the pretense of it being a demand deposit - this means, you want your money back, just ask.
Now, they won't give it back, even if you ask.
Explain how this is different from a scam? The fact that they claim they will pay it back in the future is the only thing that differentiates it from a common scam (hence it is evolved). But so far, they haven't kept even their original promise (e.g. You get your money back when you want.). Why do you believe them now?
Call a spade a spade. Its a scam. They keep the money to make money off it, promising to give it back in .... Years.
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SamGromoff
Amarr Viziam
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Posted - 2010.06.19 05:54:00 -
[23]
Originally by: Thrasymachus TheSophist Call a spade a spade. Its a scam. They keep the money to make money off it, promising to give it back in .... Years.
to be entirely fair, most scammers would have been smart enough to get the entire deposit in on PI and just not tell anyone, whereas these guys are almost certainly calling the rest of us "fools" for real
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Vilgan Mazran
Aperture Harmonics K162
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Posted - 2010.06.19 08:32:00 -
[24]
Originally by: SencneS
Gambling on speculation is not something I do lightly and I avoid it with other peoples ISK even my friends. I make sure I let them know the potential loss etc if I telling them something. If I hadn't been purchasing NPC items already I wouldn't have retained the one I did purchase.
gambling is generally bad. I'm not sure I really understand why you/the board felt that investing in PI opportunities was gambling though. A basic analysis would suggest that NPC sold goods had a lot of irregularities in their pricing. People such as myself didn't invest because "omg, people will be pos fuel starved and pos fuel will go up!". We invested because many of the prices were just absurdly low, and it was literally impossible for some of the prices to NOT go up. Guidance systems for example... 440ish(?) a unit from npc sell orders and the price to export one from a planet was 600. How exactly was that not going to go up?
Its just really confusing to me to see a group of people that refuses to return isk to "investors" go completely opposite of what I would do in their position. The current investment portfolio gives the impression that ebank is going for the absolute worst returns possible in eve (t2 bpos? seriously?), and completely skipping out on PI/tyrannis investments seems pretty questionable when you have a large deficit to make up.
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Ray McCormack
Nordar Innovations.
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Posted - 2010.06.19 08:40:00 -
[25]
Hai guys I can point out your stupidity with 20/20 hindsight vision, I'm so cool and u guys obviously suck big donkey balls. Go me!
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Ji Sama
Caldari Tash-Murkon Prime Industries manufacturing disaster
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Posted - 2010.06.19 09:08:00 -
[26]
Originally by: Ray McCormack Hai guys I can point out your stupidity with 20/20 hindsight vision, I'm so cool and u guys obviously suck big donkey balls. Go me!
SEE AC THAT IS WHY WE HATE YOU AND SENCNES AND RYA; REPORTED FOR TROLLING I HOPE YOU ARE BANNED!
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Weaselior
GoonWaffe Goonswarm Federation
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Posted - 2010.06.19 15:58:00 -
[27]
Originally by: Ray McCormack Hai guys I can point out your stupidity with 20/20 hindsight vision, I'm so cool and u guys obviously suck big donkey balls. Go me!
holy **** you guys are the most incompetent idiots ever
they were still seeded when PI was live
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Weaselior
GoonWaffe Goonswarm Federation
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Posted - 2010.06.19 16:01:00 -
[28]
Edited by: Weaselior on 19/06/2010 16:00:55 ebank I have a preposition for you: let me take over and I will get the money back to the investors much much faster than you
this is including with the plundering of the assets that can be expected with turning it over to goons: I'd have just stolen 2/3rds, invested all the remaining money in npc goods, sold them in 6 months, paid everyone back, then used the cred to start an even bigger scam
this is literally a better plan for your depositors than trusting you guys
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Ray McCormack
Nordar Innovations.
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Posted - 2010.06.19 16:07:00 -
[29]
Originally by: Weaselior holy **** you guys are the most incompetent idiots ever
Totally man, these gais are like pathetic, it's so awesome someone like you is pointing it out to them. Go man, I lub yoo and want 2 hav ur babies!
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Kieselguhr Kid
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Posted - 2010.06.19 16:15:00 -
[30]
Originally by: Ray McCormack
Originally by: Weaselior holy **** you guys are the most incompetent idiots ever
Totally man, these gais are like pathetic, it's so awesome someone like you is pointing it out to them. Go man, I lub yoo and want 2 hav ur babies!
At a low-midrange estimate for PI prices that is being thrown around in the other thread, Goonswarm PI holders are projected to have made 1.13 trillion isk off guidance systems alone, not counting the several other materials where we have substantial amounts of action.
But, y'know, keep calling us fools and PI investment gambling while being the CEO of Ebank. I'm sure your shareholders appreciate the great job you have done for them with this pataaaahahahahahaha
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