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Kara Books
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Posted - 2011.07.21 03:43:00 -
[1]
Right now, Im comfortable with roughly 3.6 billion in liquid assets with 2.3 billion in buy orders. Currently my growth rate is superb, considering that I started about 2 months ago. Im not very privy on sharing my KEY for an audit, simply because it cannot be changed and I dont want to be watched 2 years later, for clues on when and where I haul stuff and at what times. I don't know what im doing when it comes to borrowing money, I dont like to and I feel aloof just thinking about asking some one for ISK even with a X% return.
On the other hand:
If I am lucky enough to find ISK support, I will quite dramatically increase my growth rate. This will really pave the way for my current goal of 50 billion ISK to build a chair out of and retire.
How would you, the experienced merchant go about this? Stay with current growth rate and enjoy the quite game or go all out and get that infuse at a % ?
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Candy Oshea
Amarr Techfree Investment Group
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Posted - 2011.07.21 03:56:00 -
[2]
FYI. You can change Both your Full & Limited API keys.
Quote: I gave someone my API key and now I want them to stop using it!
If you believe that someone is misusing your API key, you can create a new one with the buttons above. Please note that all programs and web sites that are using your old API key will no longer be able to access your data unless you provide them with the new API key.
You can view activity on your API account by using the API Access Log viewing page. If you believe someone is misusing your API credentials, please regenerate your API keys using the top half of this page.
___ iCandy Bonds
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Brock Nelson
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Posted - 2011.07.21 04:25:00 -
[3]
Originally by: Kara Books Im not very privy on sharing my KEY for an audit, simply because it cannot be changed
Psst...click on the "Create new key" button. It'll disable the old one.
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Kara Books
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Posted - 2011.07.21 04:34:00 -
[4]
Thats really good that they let you do that =)
Now about the Market thing, What can you share of your experiences with lending ISK?
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Faith Clothos
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Posted - 2011.07.21 05:40:00 -
[5]
Originally by: Kara Books Thats really good that they let you do that =)
Now about the Market thing, What can you share of your experiences with lending ISK?
Its like throwing a frisbee and hoping itll become a boomerang.
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Hank van DaMer
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Posted - 2011.07.21 06:14:00 -
[6]
If you know how to throw a frisbe came back to you, too. ;)
But its a nice analogy. :) Empire out of dust |
Kaelie Onren
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Posted - 2011.07.21 06:55:00 -
[7]
Edited by: Kaelie Onren on 21/07/2011 06:56:00
Originally by: Kara Books Right now, Im comfortable with roughly 3.6 billion in liquid assets with 2.3 billion in buy orders. Currently my growth rate is superb, considering that I started about 2 months ago. Im not very privy on sharing my KEY for an audit, simply because it cannot be changed and I dont want to be watched 2 years later, for clues on when and where I haul stuff and at what times. I don't know what im doing when it comes to borrowing money, I dont like to and I feel aloof just thinking about asking some one for ISK even with a X% return.
On the other hand:
If I am lucky enough to find ISK support, I will quite dramatically increase my growth rate. This will really pave the way for my current goal of 50 billion ISK to build a chair out of and retire.
How would you, the experienced merchant go about this? Stay with current growth rate and enjoy the quite game or go all out and get that infuse at a % ?
Last I checked, API keys are resettable. Did you check yourself or are you just trying to rope in people who read and believe posts without checking themselves?
I don't know you but you already have a 'suspicious' rating in my mind. :)
People who loan/invest in corps/people without proper audits are idiots. But lucky for those with a brain there are plenty of idiots in eve.
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Kaelie Onren
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Posted - 2011.07.21 06:59:00 -
[8]
Originally by: Kara Books Thats really good that they let you do that =)
Now about the Market thing, What can you share of your experiences with lending ISK?
Okay, fair enough mistake I suppose.
Then, onto the audit, making 5billion in 2 months is quite a feat, care to explain to your potential investors how you came about making this kind of money? And what are you intending to do with the money if we loaned you any? What amounts are you looking at getting in this loan? and what returns do you think you can give us?
All logical questions any smart investor will ask. So please don't take any of this personally. I'm just very prudent when it comes to cash. I am a banker after all.
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Xai Li Shun
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Posted - 2011.07.21 07:40:00 -
[9]
Originally by: Kaelie Onren I am a banker after all.
Apparently reading skills are low on your bank's aptitude testing. He's not asking for investment.
To answer the OP: Investment will entail having to put up with posts as above - people not reading your post, screaming scam, demanding details, and never investing.
You're doing fine on your own. Grow your isk internally, and don't become beholden to the roleplayers and ******s.
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Kara Books
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Posted - 2011.07.21 08:08:00 -
[10]
Edited by: Kara Books on 21/07/2011 08:18:08 Edited by: Kara Books on 21/07/2011 08:10:52
Originally by: Kaelie Onren
Originally by: Kara Books Thats really good that they let you do that =)
Now about the Market thing, What can you share of your experiences with lending ISK?
Okay, fair enough mistake I suppose.
Then, onto the audit, making 5billion in 2 months is quite a feat, care to explain to your potential investors how you came about making this kind of money? And what are you intending to do with the money if we loaned you any? What amounts are you looking at getting in this loan? and what returns do you think you can give us?
All logical questions any smart investor will ask. So please don't take any of this personally. I'm just very prudent when it comes to cash. I am a banker after all.
I have aproximately 3.6 billion as of last estimate =)
First toon has about 450 flipping right now. 2nd toon is Just shy of 3 billion in buy and sell orders. Main toon has about 115M and about 20-40 in goods ready for transport.
Good advice.
so borrowing ISK will also mean I have to reveal how I make my ISK Is skipping the Details a viable plan? I mean obviously I buy and sell in different regions then penny war.
as for How I made my ISK?
I take 2 screen shots per day, If I hit a comfortable level if ISK, I might write a story, with details and pictures, but its to early, I don't have a comfortable level of ISK, that's why im interested in finding out as much as possible about loans here in EvE and basically consider every single option I have then decide the most efficient rout.
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Stealing Honest
Stealing Honest Speculation Group LLC
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Posted - 2011.07.21 08:32:00 -
[11]
You can reveal as much as you want to reveal.
For the most part ive kept quiet over the last year, because ive been running so many open and hidden Ipo's/bonds/loans/funds ect. However since im about to pull the plug on them all...ill reply here.
Yes you can increase your growth rate x10, but you also have to weave and then walk the spiders web of public loans/bonds/Ipo ect. This is a massive Role Play, Market PVP, and MD/Trade Channel Public Relations/PVP game.
If you find this fun, you will succeed, if you dont you will scam.....
SH
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RAW23
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Posted - 2011.07.21 12:23:00 -
[12]
Originally by: Stealing Honest You can reveal as much as you want to reveal.
For the most part ive kept quiet over the last year, because ive been running so many open and hidden Ipo's/bonds/loans/funds ect. However since im about to pull the plug on them all...ill reply here.
Yes you can increase your growth rate x10, but you also have to weave and then walk the spiders web of public loans/bonds/Ipo ect. This is a massive Role Play, Market PVP, and MD/Trade Channel Public Relations/PVP game.
If you find this fun, you will succeed, if you dont you will scam.....
SH
This sounds ominous.
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Tigerras
Smash Incorporated
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Posted - 2011.07.21 13:29:00 -
[13]
I agree with Raw23...very ominous.
To reply to the OP: whether you get investors or not is up to you. It can greatly increase your growth, but some people don't enjoy the negative social aspects of asking for money (read: beng called a scammer). Also, don't expect others to think like you or value the things you do.
Also, join the MD channel scc-lounge it helps find investors and can get good discussions like this going. -Tig --------------------------------------- Tigerras's Audits and Third-Party Servicing |
Dethmourne Silvermane
Gallente Saiph Industries SRS.
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Posted - 2011.07.21 13:43:00 -
[14]
I personally have found that as long as you don't scam and continue to not scam, then having the ability to borrow/repay/reborrow is exceedingly convenient.
(Disclaimer: I'm currently running about a 17b tab, and only lightly trading; my main income sources are loans/wormholes, with just a smidge of missions and trading)
My third-party service My loan service My Character Purchase Program |
Serene Python
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Posted - 2011.07.21 15:11:00 -
[15]
Originally by: Tigerras
Also, join the MD channel scc-lounge it helps find investors and can get good discussions like this going.
Really?! I got there to enduldge in my sexual deviance... Last night we discussed monkeys with tentacles and screaming Japanese school girls!
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Dethmourne Silvermane
Gallente Saiph Industries SRS.
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Posted - 2011.07.21 15:22:00 -
[16]
Originally by: Serene Python
Originally by: Tigerras
Also, join the MD channel scc-lounge it helps find investors and can get good discussions like this going.
Really?! I got there to enduldge in my sexual deviance... Last night we discussed monkeys with tentacles and screaming Japanese school girls!
Were you there for the sov nullsec we<3goons circle?
My third-party service My loan service My Character Purchase Program |
Serene Python
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Posted - 2011.07.21 15:44:00 -
[17]
Originally by: Dethmourne Silvermane
Originally by: Serene Python
Originally by: Tigerras
Also, join the MD channel scc-lounge it helps find investors and can get good discussions like this going.
Really?! I got there to enduldge in my sexual deviance... Last night we discussed monkeys with tentacles and screaming Japanese school girls!
Were you there for the sov nullsec we<3goons circle?
I was not, was it as much of a circle jerk as I'm imagining?
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Faith Clothos
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Posted - 2011.07.21 16:21:00 -
[18]
Originally by: Serene Python
Originally by: Dethmourne Silvermane
Originally by: Serene Python
Originally by: Tigerras
Also, join the MD channel scc-lounge it helps find investors and can get good discussions like this going.
Really?! I got there to enduldge in my sexual deviance... Last night we discussed monkeys with tentacles and screaming Japanese school girls!
Were you there for the sov nullsec we<3goons circle?
I was not, was it as much of a circle jerk as I'm imagining?
Bigger.
In the next episode of "Who will scam today" Stealing Honest becomes Stealing dishonest?
:Popcorn:
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Kara Books
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Posted - 2011.07.21 19:01:00 -
[19]
Originally by: Stealing Honest You can reveal as much as you want to reveal.
For the most part ive kept quiet over the last year, because ive been running so many open and hidden Ipo's/bonds/loans/funds ect. However since im about to pull the plug on them all...ill reply here.
Yes you can increase your growth rate x10, but you also have to weave and then walk the spiders web of public loans/bonds/Ipo ect. This is a massive Role Play, Market PVP, and MD/Trade Channel Public Relations/PVP game.
If you find this fun, you will succeed, if you dont you will scam.....
SH
Very interesting perspective, This looks like something New I can try, thats what my main strength is, I always try new things, explored and unexplored, I never stop and I always find good things along the way.
And tigerras, that SCC loung sounds interesting, so you speak about Japanese girls... see you there
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Tigerras
Smash Incorporated
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Posted - 2011.07.21 19:04:00 -
[20]
Originally by: Kara Books And tigerras, that SCC loung sounds interesting, so you speak about Japanese girls... see you there
It's like fight club, you don't talk about that part of it.
And what can I say, Asians are hawt. --------------------------------------- Tigerras's Audits and Third-Party Servicing |
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TornSoul
BIG Gentlemen's Agreement
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Posted - 2011.07.21 23:07:00 -
[21]
Originally by: Kara Books
I don't know what im doing when it comes to borrowing money, I dont like to and I feel aloof just thinking about asking some one for ISK even with a X% return.
<snip>
How would you, the experienced merchant go about this? Stay with current growth rate and enjoy the quite game or go all out and get that infuse at a % ?
The easy way, where you'll avoid the forums and all the annoying questions (and accusations), is to simply approach an established bank/loan institution (say BMBE). You'll get your ISK (almost) no questions asked and can be on your merry way in minutes.
The downside (there's always one isn't there) - Is that you'll have to offer collateral covering the loan amount.
As it seems you are solely trading, I'm guessing you won't have any assets you could put up for collateral however (as 99% of your assets sits on the market making you ISK - Which they wouldn't sitting locked away as collateral - Unless you have BPO's).
So.. Just throwing it out there - For perhaps the day it could be useful to you.
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One other thing you perhaps should be aware of is the "glass ceiling" when it comes to trading. You'll hit that around the 10B-20B ISK mark (give and take).
This is where your _percentage_ return will take a huge dive. You'll still make more ISK due to your volume, just not as much per item percentage wise.
I'm mentioning this as you seem well on your way to hitting that in a fairly short time (if you keep going as you have) - And it relates to how much you can afford to offer as interest on a given loan (in whatever form it might take)
You might be making 15% profit now - and could easily afford 10% interest in a short term high risk (no collateral, unknown name) bond or similar. But what happens when your profit drops to the 5-10% range... You'll get stuck..
Just something to keep in mind.
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Seeing as you've done so well for yourself in such a pretty short time frame, my suggestion would be to keep doing what you're already doing.
You're that close to the glass ceiling, that borrowing ISK just to get there earlier seems a bit pointless.
BIG Lottery |
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