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Serene Python
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Posted - 2011.04.25 05:46:00 -
[1]
http://eveboard.com/fullranks/47-most-isk
I can't even fathom how the top people have gotten that much isk, well except for ebank. I've finally hit 1 billion isk in my wallet and it's usually being put back into buying and selling. Would some of these people lend some insight to those of us who crap ourselves by seeing your wallet?
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flakeys
The Great cornholio's
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Posted - 2011.04.25 05:58:00 -
[2]
The most common used tactic is to give sexual pleasures for isk.
Ac155 and me for example have had the most wild nights wich cost me quite an amount of isk but he's worth it.REally recommending his bananaboat trick.
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Tutskii
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Posted - 2011.04.25 06:07:00 -
[3]
Edited by: Tutskii on 25/04/2011 06:08:41
I make about 10 billion a month trading (give or take) with one character.
Now think if I had more characters doing other things. Those players tend to have stables of alts doing things that produce money.
Or you can handle reinbursement for a failed bank.
Or, you can do patch day speculation. What if for the sake of argument, you buy 10 billion isk worth of goods, and they go up in value to 100 billion isk?
Or you can set up bots (riskier these days, I hear)
Or you can run a Casino
Or you can buy a ****load of plex, or corp theft a ****load of things.
There are myriad ways to become space rich.
You will see that the rate at which you make money tends to accelerate as you get better at it. Soon you will have a lot more than a billion provided you keep making money!
I think most lose interest in making money past a certain point, however. Remember, you can't take it with you.
Finally (and this is important) those people arent necessarily the richest in eve, but merely people with isk on their wallets who chose to use eveboard.
Eveboard doesn't count assets other than isk afaik so the actual numbers are likely much different.
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Companion Qube
Minmatar
Electron Conservation Inc
SRS.
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Posted - 2011.04.25 06:08:00 -
[4]
Edited by: Companion Qube on 25/04/2011 06:08:17
Eh, if you generate more income than expenses over a (couple|few) year(s) it's not so difficult to grow the wallet.
If you're having a hard time trading by the rules, change the rules.
edit: AC155's bananaboat is definitely worth the 20b he charges.
♥...they see me trollin', they hatin' |
Tutskii
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Posted - 2011.04.25 06:10:00 -
[5]
 Originally by: Companion Qube
Edited by: Companion Qube on 25/04/2011 06:08:17
Eh, if you generate more income than expenses over a (couple|few) year(s) it's not so difficult to grow the wallet.
If you're having a hard time trading by the rules, change the rules.
edit: AC155's bananaboat is definitely worth the 20b he charges.
Posting to confirm Qube should check if doors are open prior to trying to walk through them.
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flakeys
The Great cornholio's
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Posted - 2011.04.25 06:23:00 -
[6]
Originally by: Companion Qube
edit: AC155's bananaboat is definitely worth the 20b he charges.
Only 20? Damn ladyboy charged me 30 for it ....
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Elise DarkStar
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Posted - 2011.04.25 06:26:00 -
[7]
The hardest hurdle is to get that first bit of capital to start making serious profits with. It's easy to get sidetracked with stuff to buy, then you never really get a chance to get a serious income rolling.
After that it's just time and a little thinking or a lot of effort (hint: go with a little thinking).
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Companion Qube
Minmatar
Electron Conservation Inc
SRS.
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Posted - 2011.04.25 06:30:00 -
[8]
Originally by: Elise DarkStar
The hardest hurdle is to get that first bit of capital to start making serious profits with. It's easy to get sidetracked with stuff to buy, then you never really get a chance to get a serious income rolling.
After that it's just time and a little thinking or a lot of effort (hint: go with a little thinking).
Heh, I've bootstrapped in enough MMOs that I didn't bother - I bought 2 GTC for cash and sold them for isk. Best way to get your seed money IMO.
♥...they see me trollin', they hatin' |
Elise DarkStar
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Posted - 2011.04.25 06:31:00 -
[9]
Originally by: Companion Qube
Heh, I've bootstrapped in enough MMOs that I didn't bother - I bought 2 GTC for cash and sold them for isk. Best way to get your seed money IMO.
Even better.
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.04.25 06:42:00 -
[10]
Originally by: Serene Python
http://eveboard.com/fullranks/47-most-isk
I can't even fathom how the top people have gotten that much isk, well except for ebank. I've finally hit 1 billion isk in my wallet and it's usually being put back into buying and selling. Would some of these people lend some insight to those of us who crap ourselves by seeing your wallet?
First off, a lot of the ones with a lot of ISK in the wallet are not even listed there at all.
For instance, I am listed as #2 there, but I bet that there are literally dozens, if not hundreds of people with more ISK in their wallets right now.
Second, this does not tell you anything about assets (be it pimped rides, blueprint collections, stockpiled construction materials, items being manufactured or stockpiles for later trades) and various investments (people actually do loan money to other players they know, especially if they have a RL connections).
For instance, I still have 1 mil units of Tech, which is worth 100++ bil right now, and I also have ~90 bil ISK loaned out to a RL friend on a nearly 2 year repayment plan that will only start paying back something in another couple of months or so.
Finally, how to make so much money ?
Well, some people grind it (afterall, you could theoretically grind 1 bil ISK a day if circumstances were nice enough), other people engage in large-scale manufacturing (I heard of people controlling dozens of manufacture alts, so even 1 mil/day/slot profit translates into 300+ mil/day profit), others trade (I made my money trading : and MOST of it was public knowledge - SEE HERE for absolutely all relevant details).
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Make ISK||Build||React||1k papercuts
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Serene Python
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Posted - 2011.04.25 07:26:00 -
[11]
Originally by: Akita T
Finally, how to make so much money ?
Well, some people grind it (afterall, you could theoretically grind 1 bil ISK a day if circumstances were nice enough), other people engage in large-scale manufacturing (I heard of people controlling dozens of manufacture alts, so even 1 mil/day/slot profit translates into 300+ mil/day profit), others trade (I made my money trading : and MOST of it was public knowledge - SEE HERE for absolutely all relevant details).
Well to me it seems like manufacturing is giving me the best profits since station trading was a horrible experience(and I made only 500m profit per month roughly). I'd like to dabble with my manufacturer/invention char I got and see how comfortable those profits are.
Updating something near 50 orders burned me out for trading so this time around I'm trying to see if moving goods to other hubs is gunna yield anything, but thus far last 3 I've tried weren't very good. Will take a look later today to see if there's any resources about finding good hubs to trade in, tips for this would be appreciated.
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Vaerah Vahrokha
Minmatar
Vahrokh Consulting
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Posted - 2011.04.25 08:08:00 -
[12]
Edited by: Vaerah Vahrokha on 25/04/2011 08:09:29
Imho many people are trying too hard and go compete in the "believed-to-be" ISK makers and so slaugther each other.
Now, take a deep breath and look down at the arena and its fog of war from a nearby hill.
Now imagine how you can use those guys and make them work for you. Or how you can think different and not play in their arena but go in an arena where you are the only fighter.
Relax and enjoy your new ISK flowing in, be it because you are an evil mastermind or because you found out diverse ways.
Auditing | Research | 3rd Party | Collateral Holding | EvE RL Charity |
flakeys
The Great cornholio's
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Posted - 2011.04.25 09:41:00 -
[13]
The reason why i can't post serious in these types of threads is simply because people keep staring blind on how much isk one can have.
They allways forget that the less you have the more you enjoy it.
Only logic though , even if it's a game it is still played by the people who have the same habit irl when it comes to cash.A shame though.
The most enjoyed time i had in eve was when i finally after months of mining could affford myself a raven , only to be blown up within a few hours though.My first encounter with ecp stuck in my brain forever  .
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clixor
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Posted - 2011.04.25 10:11:00 -
[14]
Originally by: Serene Python
Originally by: Akita T
Well to me it seems like manufacturing is giving me the best profits since station trading was a horrible experience(and I made only 500m profit per month roughly). I'd like to dabble with my manufacturer/invention char I got and see how comfortable those profits are.
Updating something near 50 orders burned me out for trading so this time around I'm trying to see if moving goods to other hubs is gunna yield anything, but thus far last 3 I've tried weren't very good. Will take a look later today to see if there's any resources about finding good hubs to trade in, tips for this would be appreciated.
I don't want to discourage you but if you get burned out by 50 market orders than larger scale manufacturing is perhaps not for you unless you find that golden niche.
Grind WILL be involved at some point, ironically, with more isk trading involves less work: if don't set unrealistic sell prices the items will sell.. at some point.
If i was starting up now, i would just do plexes. Even if you invest 4 hours a day for a month doing L4's you should have like 2 or 3B after a month. After a month, buy some pimped ship or another char and you can double that income with only PVE stuff.
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Serene Python
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Posted - 2011.04.25 10:30:00 -
[15]
Originally by: flakeys
The reason why i can't post serious in these types of threads is simply because people keep staring blind on how much isk one can have.
They allways forget that the less you have the more you enjoy it.
Only logic though , even if it's a game it is still played by the people who have the same habit irl when it comes to cash.A shame though.
The most enjoyed time i had in eve was when i finally after months of mining could affford myself a raven , only to be blown up within a few hours though.My first encounter with ecp stuck in my brain forever .
It isn't me wanting to have 100b isk in my wallet, plus all my assets. I want to make enough to do things I enjoy such as being able to afford getting blown up in battleships on a weekly basis(I may suck at suriving but I enjoy it).
Originally by: clixor
I don't want to discourage you but if you get burned out by 50 market orders than larger scale manufacturing is perhaps not for you unless you find that golden niche.
Grind WILL be involved at some point, ironically, with more isk trading involves less work: if don't set unrealistic sell prices the items will sell.. at some point.
If i was starting up now, i would just do plexes. Even if you invest 4 hours a day for a month doing L4's you should have like 2 or 3B after a month. After a month, buy some pimped ship or another char and you can double that income with only PVE stuff.
Well I'm not looking to get into major industry. As it stands I can manage 10 slots. I found liquidating my assets easier than getting them from buy orders, so selling my final products won't be as much of a headache.
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Montgomery Crabapple
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Posted - 2011.04.25 11:17:00 -
[16]
If you want hundreds of billions of ISK, start a corp, make it successful enough to have a hundred members or more and tax them at 10%.
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Raid'En
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Posted - 2011.04.25 11:22:00 -
[17]
Edited by: Raid''En on 25/04/2011 11:22:24
just wondering ;
is there a point after you what you were like "i'm so rich now, gonna try this, risk are gigantik, but hell, not like a care losing that", or you always think about % and not pure numbers ?
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Zelda Wei
Caldari
New Horizon Trade Exchange
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Posted - 2011.04.25 12:01:00 -
[18]
1) Compound Growth.
2) Compound Growth.
...
N) Repeat as necessary.
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Breaker77
Gallente
Reclamation Industries
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Posted - 2011.04.25 12:52:00 -
[19]
Originally by: Akita T
Second, this does not tell you anything about assets (be it pimped rides, blueprint collections, stockpiled construction materials, items being manufactured or stockpiles for later trades) and various investments (people actually do loan money to other players they know, especially if they have a RL connections).
This really.
ISK setting in the wallet makes no ISK, unless you only run missions.
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Miss Rabblt
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Posted - 2011.04.25 13:53:00 -
[20]
Edited by: Miss Rabblt on 25/04/2011 13:54:11
Originally by: Serene Python
I can't even fathom how the top people have gotten that much isk, well except for ebank. I've finally hit 1 billion isk in my wallet and it's usually being put back into buying and selling. Would some of these people lend some insight to those of us who crap ourselves by seeing your wallet?
no problem mate. money is easy to get. how?
1. train 1 char for logistics + drones (Dominix + heavy drones would be enough) and 2nd char for Machariel or Nightmare.
All it takes about 2-4 months from zero i guess.
2. go to rogue drone 0.0 space and watch in trade channel.
3. When you see someone sells 10/10 escalations you can buy bookmark for 100-150mils.
4. With Domi + DPS ship you can run 10/10/ escalations easily. I spend 2 hours for each complex with my "lvl4" skills.
5. 1 escalation gives you 350-550 millions (my stat shows 510+ millions). So your profit - 200-450 millions for 2 hours.
=)
Some day i finished 3 escalations. One week - 12 in several days. You can calculate what is it (about 6.5billions) a week. Easy.
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Rellik B00n
Lethal Death Squad
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Posted - 2011.04.26 09:54:00 -
[21]
think outside the box.
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-IRON MIKE IS hi sec lolwarrior- |
Chevalleis
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Posted - 2011.04.26 14:17:00 -
[22]
You brak through the box, lock everyone else inside it and SHOOP DA WHOOP them and then u just wait when ur steadily producing money
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xKillswitchx
Semper Fidelis Xe
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Posted - 2011.04.26 17:54:00 -
[23]
Making isk in the game isn't all that hard if you put a little time and effort towards it. You first need to determine how you are going to make your initial isk. Are you going to mine, mission or build stuff to make money. Let's say you go into missioning. Well the first thing you do is get a solid missioning ship. You don't need to spend Billions on it either, a few hundred mil and you have a decent mission ship. So you start pulling bounties, and salvage and loot your stuff. As your stockpile increases, you turn your salvage into rigs which you sell for profit or you just sell the salvage off. The loot items you can refine down or sell off. If you refine them down, then you can build a ship with it and sell for profit.
The point is if you do this for a month or two you should turn a several hundred mil profit, maybe more. As you make more, you look at the market and find holes in it. You see the Meta 4 Artie's are selling for big bucks in Rens and Jita, so you put a buy order up for 100 of them. Over the next month your order is filled and you go around and pick up your 100 units. Take them to Jita or Rens and sell them for 100% profit. Now've you made a few hundred mill just from that one transaction plus the isk you are still making from missioning. Then you look and see you have all of this LP so you turn it into faction ammo, sell that for 50% to 80% profit in Jita or Rens and bam you've made another hundred odd mil. Before you know it inside of 60 days you've made over a Bil, maybe two. Now you just keep repeating the cycle only you increase the size of your orders and you start to dable into other markets.
The point is if you play it safe and you continue to invest your isk, you'll continue to make more isk. It may take a few weeks or months, but as long as you don't get too greedy, chances are you will make a billion a month. As time goes buy you invest that isk into other items like BPOs that you can make copies of to sell and make more isk. The name of the game is building up a network of passive isk earning items for yourself so at some point in the game you are making isk by not even logging on. Then all you have to do is just maintain your system.
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Gillaboo
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Posted - 2011.04.26 20:57:00 -
[24]
... I run a deepspace "introductions club" for the professional, single pod pilots who don't have time for regular dating.
Believe me, since renovating that Rorqual with more luxury suites, fulfilling those fantasies about "twins" and "triplets"... no problem.
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I Be Sad
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Posted - 2011.04.26 22:26:00 -
[25]
That list is woefully inaccurate. The fact plebs like me with just less than 10bil are near the top 100 is very amusing indeed.
But, to answer your question: they spend the vast majority of their time thinking about how to increase their isk (well, more accurately, their NAV) and not much else. To (most) of these players it is what makes the game fun. Some are self-loathing carebears who wish they had the stomach to loose isk in pvp, pitty on them, but most are genuinely intrigued by the game economy and being a major player in it.
If you really have the drive and desire to be a wealthy player in EVE you can do it in fairly short order. You just need to be prepared to put a lot of time and effort into researching what to do and where to do it. If you are looking for a secret that will make you rich just by training a certain way, it doesn't exist.
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Commander Godsmack
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Posted - 2011.04.27 05:22:00 -
[26]
knowleged added to time multiplied by isk.. (maybe there a better wording on that) anyhoo you probably cant get 30 bill in 1 day but if you really where determined and ****ing wanted to , you can milk some nice isk utters in a short amount of time if you put your mind to it doing basically what ppl have been saying here - trading.
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Gnulpie
Minmatar
Miner Tech
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Posted - 2011.04.27 05:32:00 -
[27]
But the question is: What do you do with all the isk? |
Trai Kanossi
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Posted - 2011.04.27 06:02:00 -
[28]
Originally by: Gnulpie
But the question is: What do you do with all the isk?
You buy every character in the character bazaar, slowly draining the playerbase until eventually you own all the characters in EvE
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Hieronimus Rex
Minmatar
Infinitus Sapientia
New Eden Research.
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Posted - 2011.04.27 06:13:00 -
[29]
My guess is:
wait for patches
wait for patches
wait for patches some more
speculate
also, invest in rare assets (silver magnates, etc).
Lets say you have a pretty good manufacturing thing going, with something like 5-10mil ISK/slot/day producing with about 20 slots. Even if you were to do this 24/7 and these levels of profit persisted forever, this would only amount to 36.5 billion / year, which is peanuts for the richest players in EVE (who probably have 3-5 trillion??). I've also read that a good trading bot makes 1-2bil per day, which still only gets you to 350-700bil/year...and the expected value from this drops due to the risk of getting banned.
However if you took 1 trillion and put it into guidance systems, or scourge heavy missiles when they added nocxium (back in like 2005 IIRC), or zydrine when they messed with drone region drops, or bhaalgorns when they messed with the BPC droprates, or snake implants before nanos became popular, or whatever.....you'd have made hundreds of billions overnight, which you could convert to cash in a few months at minimal effort. It just seems nothing compares to patch speculation because of its almost unlimited scalability.
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zloxlo
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Posted - 2011.04.27 09:13:00 -
[30]
Edited by: zloxlo on 27/04/2011 09:14:08
Originally by: Akita T
Originally by: Serene Python
http://eveboard.com/fullranks/47-most-isk
Finally, how to make so much money ?
Well, some people grind it (afterall, you could theoretically grind 1 bil ISK a day if circumstances were nice enough), other people engage in large-scale manufacturing (I heard of people controlling dozens of manufacture alts, so even 1 mil/day/slot profit translates into 300+ mil/day profit), others trade (I made my money trading : and MOST of it was public knowledge - SEE HERE for absolutely all relevant details).
Macro FTW LOL
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Hax Zoidberg
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Posted - 2011.04.27 16:21:00 -
[31]
Yesterday, I bought nearly 2.4 billion worth of assets for a mere 3000 ISK. 
Now the individuals in question weren't exactly intending to sell their stuff, but I like to take advantage of other players' stupidity.
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Elise DarkStar
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Posted - 2011.04.27 16:49:00 -
[32]
Originally by: Hieronimus Rex
My guess is...
Ooh, nice post, I'm glad I bothered to try this thread again.
The absolutely key point you make in discussing massive wealth is scalability. I'm having trouble finding markets to make large returns in with the amount of capital I have. Now I could spread my capital out between more and more markets and manage to make good returns in each, but this becomes more and more effort as I get richer and richer, and limiting my effort was the reason I got into regular speculation in the first place.
I'm hitting a wall for good returns that are worth my time within the "normal" game parameters. The only option, then, is wait to see what exploitable mistakes CCP has made in each patch, and then exploit them.
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