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Jaxx McCoy
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Posted - 2011.08.31 09:55:00 -
[1]
Edited by: Jaxx McCoy on 31/08/2011 12:54:52 Edited by: Jaxx McCoy on 31/08/2011 10:07:20 Hello again! These forums have been quite entertaining lately with all the bickering going on, but the contention is feeding on itself and creating something of a negative vibe. I figured I would release the 2nd installment of my rep griding bond to lighten the mood with my charm!
Terms:
As before, I would like the total sum of 1 billion ISK from public investors.
Upon the reciept of the full amount from all involved parties, I will immediately repay all invested ISK plus 5% interest.
This will tie up your money for a very short time (few days at most!) and will net a quick profit.
Would like 5 smaller investors @ 200m each if possible, but again, willing to take fewer if I must.
Business Plan:
Absolutely none! I will not risk the investment money on any purchases or deals of any sort. It will sit securely in my wallet until the terms are fulfilled, then will be repayed.
The purpose of this offering is for my MD rep grinding only, to continue to prove that I am a trustworthy character. 
Future offerings:
I will be slowly pushing up the envelope of how much/how many assets I can be trusted with, at what I think is a reasonable pace.
This pace partly depends on how much time I spend playing Eve and how much interest I can afford to pay out during a given period.
However, the bond amount will not always be bigger on each subsequent offering. I reserve the right to offer the same size or smaller bonds if/when my playtime is limited by external factors.
Why is this bond 1 billion again, why not try to scam more money?
Quite simply, I do not feel comfortable paying interest on a larger amount at this time. I havent been as active recently, and I'm relying on passive income almost excluseively this time. (DAMN YOU STARCRAFT 2!)
Bond Spots:
200m - Speccer 200m - Singeabooty Raj 200m - 200m - 200m -
Collateral:
Same as before, I'm dealing with trust here, so no collateral.
Past offerings:
Bond #1 - Delicious trolling included!
Thank you for your time, ladies and gentlemen! Please post with any questions, comments, or concerns and I will do my best to respond in a timely manner. 
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Speccer
Cossette Moana
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Posted - 2011.08.31 10:05:00 -
[2]
Put me down for 200mil just to spite Caliph.
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Jaxx McCoy
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Posted - 2011.08.31 10:10:00 -
[3]
Originally by: Speccer Put me down for 200mil just to spite Caliph.
Very well sir, you may send 200m ISK now or when the other spots fill, up to you really.
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Speccer
Cossette Moana
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Posted - 2011.08.31 10:14:00 -
[4]
200mil sent.
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Jaxx McCoy
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Posted - 2011.08.31 10:24:00 -
[5]
Confirming, recieved 200m from Speccer.
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Tom Hagen
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Posted - 2011.08.31 10:25:00 -
[6]
Jaxx,
As I have good experiences from your previous "business", I'd be happy to repeat the success - but I'd also like you to get an opportunity to attract other investors.
I'll fill whatever amount you still have outstanding let's say tomorrow?
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Jaxx McCoy
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Posted - 2011.08.31 10:31:00 -
[7]
Sure Tom, lets see what happens. I'd really like to get some new people in to absolutely cement the fact that I'm not filling these bonds with characters I could concievably manipulate. (RL friends, scamming partners, alts, etc.)
But I would of course welcome previous investors! After some time if I dont have any luck, I will probably take up your offer. Thanks! 
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Singeabooty Raj
Marcabian 5th Invasion Fleet HYDRA RELOADED
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Posted - 2011.08.31 11:34:00 -
[8]
Hello Jaxx,
This world needs more love, trust, hapiness and less internet rage.
Put me down for 200m.
Will log in and transfer funds as soon as you confirm this.
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Jaxx McCoy
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Posted - 2011.08.31 12:56:00 -
[9]
Originally by: Singeabooty Raj Hello Jaxx,
This world needs more love, trust, hapiness and less internet rage.
Put me down for 200m.
Well said sir. OP updated to reflect this. Transfer ISK at your convenience.
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Singeabooty Raj
Marcabian 5th Invasion Fleet HYDRA RELOADED
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Posted - 2011.08.31 13:08:00 -
[10]
200m sent.
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Umad Bro Questionmark
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Posted - 2011.08.31 22:16:00 -
[11]
Edited by: Umad Bro Questionmark on 31/08/2011 22:18:12
Originally by: Singeabooty Raj 200m sent.
Does anyone else get the impression the OP is a Hydra Reloaded alt?
Current state of the forums:
Making capsuleers slightly angry since 2003.
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Singeabooty Raj
Marcabian 5th Invasion Fleet HYDRA RELOADED
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Posted - 2011.09.01 01:42:00 -
[12]
Originally by: Umad Bro Questionmark Edited by: Umad Bro Questionmark on 31/08/2011 22:18:12
Originally by: Singeabooty Raj 200m sent.
Does anyone else get the impression the OP is a Hydra Reloaded alt?
You are mistaken. TBH i invested pretty much for the same reason as Speccer. The negativity and trolling in the 1st bond was quite frankly unsubstantiated.
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Caliph Muhammed
Caldari Caldari Naval Criminal Investigative Service
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Posted - 2011.09.01 01:56:00 -
[13]
Spite me with 200m? That's weaksauce. Spite me with 2 bil. Then i'll be really jealous. I think your 200 mil investment shows a lack of confidence on your part more than spite of me.
And for the sake of intelligent discussion learn the definition of troll.
A troll is throwing out a question hoping for answers. Or it can be for example going to a feminist meeting and being vocally anti feminist. A response that meets neither of those criteria but happens to be something you disagree with, isn't a troll. Posting the dangers of investing multi billions with a 3 month old character isn't a troll.
For the dimwitted on the EVE forums trolling means "I can't intellectually contest what he wrote, so it's a troll".
Good luck with your trading Jax.
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Umad Bro Questionmark
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Posted - 2011.09.01 02:05:00 -
[14]
So how many virtual rep points can I buy for 100-150 mil on this forum without having to do 2 useless threads?
Current state of the forums:
Making capsuleers slightly angry since 2003.
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Singeabooty Raj
Marcabian 5th Invasion Fleet HYDRA RELOADED
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Posted - 2011.09.01 02:29:00 -
[15]
Originally by: Caliph Muhammed Spite me with 200m? That's weaksauce. Spite me with 2 bil. Then i'll be really jealous. I think your 200 mil investment shows a lack of confidence on your part more than spite of me.
And for the sake of intelligent discussion learn the definition of troll.
A troll is throwing out a question hoping for answers. Or it can be for example going to a feminist meeting and being vocally anti feminist. A response that meets neither of those criteria but happens to be something you disagree with, isn't a troll. Posting the dangers of investing multi billions with a 3 month old character isn't a troll.
For the dimwitted on the EVE forums trolling means "I can't intellectually contest what he wrote, so it's a troll".
Good luck with your trading Jax.
Assuming that was directed at me. Caliph your psychological meltdown is progressively happening in real time right here on the forums for all to see. Saddens the heart. What are you missing in rl that results in all this internet rage?
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Caliph Muhammed
Caldari Caldari Naval Criminal Investigative Service
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Posted - 2011.09.01 04:21:00 -
[16]
Edited by: Caliph Muhammed on 01/09/2011 04:26:37
Originally by: Singeabooty Raj
Originally by: Caliph Muhammed Spite me with 200m? That's weaksauce. Spite me with 2 bil. Then i'll be really jealous. I think your 200 mil investment shows a lack of confidence on your part more than spite of me.
And for the sake of intelligent discussion learn the definition of troll.
A troll is throwing out a question hoping for answers. Or it can be for example going to a feminist meeting and being vocally anti feminist. A response that meets neither of those criteria but happens to be something you disagree with, isn't a troll. Posting the dangers of investing multi billions with a 3 month old character isn't a troll.
For the dimwitted on the EVE forums trolling means "I can't intellectually contest what he wrote, so it's a troll".
Good luck with your trading Jax.
Assuming that was directed at me. Caliph your psychological meltdown is progressively happening in real time right here on the forums for all to see. Saddens the heart. What are you missing in rl that results in all this internet rage?
I'm not looking to sidetrack anyone else's thread but when my name is mentioned in an antagonistical manner if i'm so inclined i'll respond. Trying to use psychology to limit my posting on a forum I pay access for is a waste of time. I think you and perhaps a few others seriously misconstrue how much thought I put into what either of you say. I also believe the few misconstrue how much a post on this forum influences anything anyone does.
It's typical of forum lurkers for any game or subject. They believe that what they post is making a difference. Reality check. It isn't.
You telling me you're witnessing a meltdown when im having fun is akin to my grocer hearing me talk about a car problem or some other life annoyance and proceed to try and convince me he can make a psychiatric diagnosis of my inner quirks.
And one more thing, the whole, you're raging, you're mad routine is tired. Why would I be mad when I have the option to ignore you whenever I choose? It goes back more to the self delusion of self importance that so many suffer from.
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Singeabooty Raj
Marcabian 5th Invasion Fleet HYDRA RELOADED
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Posted - 2011.09.01 04:44:00 -
[17]
Hello Caliph,
In all honesty I don't care about the wall of text you typed above. If you stick to your own threads from now on that would probably be a bonus to the community dude.
Each time the lure is set though you do nibble so no wonder peeps keep baiting.
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Caliph Muhammed
Caldari Caldari Naval Criminal Investigative Service
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Posted - 2011.09.01 04:50:00 -
[18]
Originally by: Singeabooty Raj Hello Caliph,
In all honesty I don't care about the wall of text you typed above. If you stick to your own threads from now on that would probably be a bonus to the community dude.
Each time the lure is set though you do nibble so no wonder peeps keep baiting.
I'll stick to my own threads when others stick to theirs. How about you go first.
And if you can't tolerate a few paragraphs of thought I assume reading a book is even more difficult for you. Under that assumption how on earth did you ever get qualified to make a psychological diagnosis of someone in which your only insight is the name of the avatar and some forum pvp in a game who's basis is pvp?
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Singeabooty Raj
Marcabian 5th Invasion Fleet HYDRA RELOADED
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Posted - 2011.09.01 04:57:00 -
[19]
Originally by: Caliph Muhammed
Originally by: Singeabooty Raj Hello Caliph,
In all honesty I don't care about the wall of text you typed above. If you stick to your own threads from now on that would probably be a bonus to the community dude.
Each time the lure is set though you do nibble so no wonder peeps keep baiting.
I'll stick to my own threads when others stick to theirs. How about you go first.
And if you can't tolerate a few paragraphs of thought I assume reading a book is even more difficult for you. Under that assumption how on earth did you ever get qualified to make a psychological diagnosis of someone in which your only insight is the name of the avatar and some forum pvp in a game who's basis is pvp?
Dude lol, U Mad? Why this anger? Why this hate? - GTFO out of Jaxx McCoys thread.
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Loraine Gess
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Posted - 2011.09.01 05:04:00 -
[20]
Originally by: Caliph Muhammed
Originally by: Singeabooty Raj Hello Caliph,
In all honesty I don't care about the wall of text you typed above. If you stick to your own threads from now on that would probably be a bonus to the community dude.
Each time the lure is set though you do nibble so no wonder peeps keep baiting.
I'll stick to my own threads when others stick to theirs. How about you go first.
And if you can't tolerate a few paragraphs of thought I assume reading a book is even more difficult for you. Under that assumption how on earth did you ever get qualified to make a psychological diagnosis of someone in which your only insight is the name of the avatar and some forum pvp in a game who's basis is pvp?
Caliph's new routine: Cry profusely over getting his own threads locked Troll around to see where else he's been mentioned Take one sentence as a declaration of war BACKPEDAL BACKPEDAL BACKPEDAL BACKPEDAL BACKPEDAL BACKPEDAL BACKPEDAL BACKPEDAL BACKPEDAL BACKPEDAL BACKPEDAL BACKPEDAL BACKPEDAL Claim whoever he's talking to does not have a degree in psychology and that they are trying to diagnose him, rather than just calling him crazy and/or unstable
So caliph, where's your degree in psych? --------------------
WTS forums directions and common sense
Google searches cost extra, people! I understand it's difficult for you, though, so I may discount it if you prove mentally deficient |

Caliph Muhammed
Caldari Caldari Naval Criminal Investigative Service
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Posted - 2011.09.01 05:04:00 -
[21]
If people are witnessing my psychological meltdown they're also witnessing the nature of your intellect. I have to tell you Raj, I think you're a D student.
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Jaxx McCoy
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Posted - 2011.09.01 05:14:00 -
[22]
Confirming reciept of 200m from Singeabooty Raj.
You may of course disagree UMADBRO, it is your right to do so, but I think my threads are fun, and thus not useless.
Also can we keep the unrelated bickering to a minimum please? I'm not gonna whine to the mods or anything but sheesh guys... lol! 
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Singeabooty Raj
Marcabian 5th Invasion Fleet HYDRA RELOADED
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Posted - 2011.09.01 05:16:00 -
[23]
LOL. Caliph. Your dry Arab humour is win. Only so long a clown can entertain though so if you dont mind move aside Caliph since your dance is over so this thread can get back on track.
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Speccer
Cossette Moana
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Posted - 2011.09.01 06:21:00 -
[24]
Edited by: Speccer on 01/09/2011 06:21:09
Originally by: Caliph Muhammed Spite me with 200m? That's weaksauce. Spite me with 2 bil. Then i'll be really jealous. I think your 200 mil investment shows a lack of confidence on your part more than spite of me.
And for the sake of intelligent discussion learn the definition of troll.
A troll is throwing out a question hoping for answers. Or it can be for example going to a feminist meeting and being vocally anti feminist. A response that meets neither of those criteria but happens to be something you disagree with, isn't a troll. Posting the dangers of investing multi billions with a 3 month old character isn't a troll.
For the dimwitted on the EVE forums trolling means "I can't intellectually contest what he wrote, so it's a troll".
Good luck with your trading Jax.
Well seeing you gloat about selling 19million isk worth of shares, I thought 200mil an appropriate number 
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Theodore Brintle
Alcubierre Heavy Industries The Matari Consortium
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Posted - 2011.09.01 11:05:00 -
[25]
200m.
--
T. Brintle CEO Alcubierre Heavy Industries
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Jaxx McCoy
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Posted - 2011.09.01 13:24:00 -
[26]
Ok Theo I will accept your 200m, and 200m from Tom as well. You guys can go ahead and send when ready.
Last spot still open for 200m if anyone else wants in. I'll be heading home soon and going to sleep most the day. If no one wants to invest tomorrow I will give the last spot to Tom since he expressed intrest.
Thanks all! 
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Theodore Brintle
Alcubierre Heavy Industries The Matari Consortium
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Posted - 2011.09.01 15:34:00 -
[27]
200M isk sent. --
T. Brintle CEO Alcubierre Heavy Industries
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Chevalleis
The Legendary Conquest
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Posted - 2011.09.01 15:47:00 -
[28]
So, did anyone collect the winnings on the second rep grind bond betting?
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Stormhammer Investments
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Posted - 2011.09.01 17:04:00 -
[29]
I'm curious. Once you've done bribing people how exactly will you have proven you are "trustworthy" because as of yet there is still NO information at all about you, your activities, abilities or anything else. The only things so far:
1) Hi, give me 1 billion and I'll give it back quickly with some more money 2) Yes it's a bribe 3) Now I am building up trust like this
I'll be gobsmacked if you become some sort of trusted third party just because you paid/bribed people.
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Kethas Protagonist
Protagonist Ventures
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Posted - 2011.09.01 18:29:00 -
[30]
Originally by: Stormhammer Investments I'll be gobsmacked if you become some sort of trusted third party just because you paid/bribed people.
Could you explain how "Trust me with X billion because I've already held X billion in the past and didn't steal it" is worse than "Trust me with X billion because I've been around and chatted people up a lot" ?
That being said, my train of thought upon seeing this offering:
1) Huh. Jaxx's second thread - AS WAS FORETOLD IN THE PROPHECY.
2) Mostly filled up and 200M slots. Meh, won't bother.
3) Wait... 1B total? Wasn't the previous one 1B too? This won't demonstrate she's trustworthy with any larger sums than before.
4a) ...If she realizes she could have walked with 1B earlier, doesn't that mean this is a free 10M? ... Meh, won't bother. 4b) She must either not realize a second 1B offering won't make her more trustworthy for rational investors, or not care and be appealing to the irrational ones. Nothing wrong with that I suppose.
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Singeabooty Raj
Marcabian 5th Invasion Fleet HYDRA RELOADED
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Posted - 2011.09.01 19:00:00 -
[31]
Where has faith in the good nature of human beings gone?
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RAW23
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Posted - 2011.09.01 19:27:00 -
[32]
Originally by: Caliph Muhammed
You telling me you're witnessing a meltdown when im having fun is akin to my grocer hearing me talk about a car problem or some other life annoyance and proceed to try and convince me he can make a psychiatric diagnosis of my inner quirks.
And one more thing, the whole, you're raging, you're mad routine is tired. Why would I be mad when I have the option to ignore you whenever I choose? It goes back more to the delusion of self importance that so many suffer from.
As I elaborated with the over and mis-used term trolling your "attack his credibility by insinuating he's a psychological catastrophe" is just another spin of the troll term.
You do remember diagnosing three posters with Borderline Personality Disorder here don't you? Or have the blackouts gotten that bad?
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Jaxx McCoy
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Posted - 2011.09.02 05:17:00 -
[33]
Edited by: Jaxx McCoy on 02/09/2011 05:19:26 Confirming 200m recieved from Theo.
Tom no one else seems interested so the last 400m is yours. As soon as you send, it will all be repaid.
Raj, haven't you heard? Playing Eve Online makes people 10x as evil and 100x more scammy than they are IRL!
Anyone else who was interested but hesitating... sorry! Maybe next time! 
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Tom Hagen
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Posted - 2011.09.02 05:29:00 -
[34]
I will fix that in a few hours time, not able atm. Sorry
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Jaxx McCoy
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Posted - 2011.09.02 05:33:00 -
[35]
Whenever you can is fine.
Just post here when you send the ISK so I can switch characters to confirm and payback. I should be online at least until DT.
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Jaxx McCoy
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Posted - 2011.09.02 15:54:00 -
[36]
Tom do you still want to go in for 400m?
Also Kethas, there are primarily 2 reasons for this bond being only 1b and thus not further increasing the amount that I can be trusted with.
1. As I mentioned before, my playtime has been severely limited due to stupidly addicting maps on SC2. The ISK used to pay the interest this time is PASSIVE income only, and I am not yet prepared to pay additional interest.
2. Partially to delay the inevitable accusations of "blah blah blah blah cashout scam blah blah blah" I know as soon as I offer an opportunity for a larger amount the trolls will return with renewed vigor, and I will cross that bridge soon.
^^ U see wut I did ther? 
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Tom Hagen
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Posted - 2011.09.02 16:26:00 -
[37]
Jaxx,
Ywes I will go in with 400 Mio - I'll try to wire in the next few hours.
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Tom Hagen
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Posted - 2011.09.02 20:09:00 -
[38]
Isk Sent!
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Umad Bro Questionmark
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Posted - 2011.09.02 23:53:00 -
[39]
Please send me money so I send it back and because I did not run with it, you will start trusting me from now on, hopefully with even larger sums of money but it is ok cuz all I am after is your trust and friendship not actually your ISK. ISK is just a tool in my quest for social values.
You guys are total morons and I say this with regret and not to troll you. And not for investing in this poor sod's bond, but for allowing this forum to become a place for dry begging and scams because you are so smug and enjoy seeing your name in every investment thread thus proving that you got the biggest wallet(which you don't and you won't because sooner or later people will start running off with all these good-faith loans).
I ask you: are you so incompetent that you need other people to get you a 10 percent monthly profit? Can you not make more with the certainty of security? Do you feel like a bawse when you throw petty sums right and left?.
No wonder I'm poor as **** in EvE. I should start worrying about my cash first..
Current state of the forums:
Making capsuleers slightly angry since 2003.
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The Antiquarian
Amarr
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Posted - 2011.09.03 00:55:00 -
[40]
Edited by: The Antiquarian on 03/09/2011 00:57:25
Guys, let me tell you what is going to happen. A perfect train of logical thoughts.
1) "Rep Building Bond Offering 8.15.11" --> "Rep building. Give me 1B ISK. I will send you back with 5% interest immediately upon receipt!" 2) "Rep Building Bond Offering 8.31.11" --> "Rep building. Give me 1B ISK. You trusted me before. Trust me with your 1B again!" 3) "Rep Building Bond Offering 9.15.11" --> "Rep building. Give me 1B ISK. I had chance to default, but I didn't. I returned 1B right away. Trust me again." 4) "Rep Building Bond Offering 9.30.11" --> "Rep building. Give me 2B ISK. You entrusted me with 1B before and I returned them! Why not trust me with 1B more?" 5) "Rep Building Bond Offering 10.15.11" --> "Rep building. Give me 3B ISK. See? I didn't default on meager 2B! Trust me with 3B! I will return it immediately!" ... ... ... ... 10) "Un-collateralized Bond Offering 3.31.12" --> "Un-collateralized offering for 10B. I managed more than 30B in loans and diligently paid interest. My name is synonymous to "Trust."" 11) "Un-collateralized Bond Offering 4.31.12" --> "Un-collateralized offering for 15B. See? First official bond offering was a success. Trust me more?" 12) "Un-collateralized Bond Offering 5.31.12" --> "Un-collateralized offering for 30B. All the notable MD members of EVE blessed me. Why don't you trust me?" 13) "Un-collateralized Bond Offering 7.31.12" --> "Un-collateralized offering for 50B. Thank you for your gracious support. I will never let you down." ... ... ... ISD Breaking News --> "Jaxx McCoy scams unintelligent financial morons for 200B!"
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Jaxx McCoy
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Posted - 2011.09.03 02:31:00 -
[41]
Originally by: Umad Bro Questionmark ...it is ok cuz all I am after is your trust and friendship not actually your ISK. ISK is just a tool in my quest for social values.
^^ Is that so hard to believe? 
I have no doubt that in the past people have run off with good faith loans, and will continue to do so, but I will not be one of those people.
These offerings are created for the above reason, and also because they are fun and interesting to me, playing around with ISK, the social interactions through this medium, and seeing how different people react, trust, and how much value they place in play money.
I reward (bribe, if you want to put a neative spin on it) the people who trust, and banter with those who don't! 
Why the hate?
Anyways, all payouts sent.
Speccer - 200m + 10m Raj - 200m +10m Theodore - 200m +10m Tom - 400m +20m
Sorry for the delay, I was enjoying a delicious meal from a local mexican restaurant!
Thanks all!
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Singeabooty Raj
Marcabian 5th Invasion Fleet HYDRA RELOADED
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Posted - 2011.09.03 02:59:00 -
[42]
Confirming received original 200m plus interest. Pleasure doing business with you Jaxx. 
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Speccer
Cossette Moana
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Posted - 2011.09.03 03:48:00 -
[43]
Confirming I have indeed received 200mil and interest. Screw the haters.
On a serious note though from my point of view logically there isn't much risk investing in the second offering of each bracket of isk if you get what I mean.
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Elise DarkStar
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Posted - 2011.09.03 04:20:00 -
[44]
ROFL
This is obviously a rep scam. The problem is that it exposes the unsettling fact that almost every single offer here is part of a build up to a larger scam. The few people who aren't scammer or who haven't yet scammed only serve to set others up to fail.
STOP GIVING ISK TO STRANGERS.
Looking forward to an MD free of this horse****.
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Jaxx McCoy
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Posted - 2011.09.03 06:13:00 -
[45]
Originally by: Speccer On a serious note though from my point of view logically there isn't much risk investing in the second offering of each bracket of isk if you get what I mean.
Yes, you're right it was very low risk this time.
I will be going out on a limb asking for trust again with my next offering of 1.2 billion. Not a stretchy shaky limb but one I believe investors will still consider an acceptable risk; I could be wrong though! We'll see what happens.
Also Elise, there are alot of scammers yes, but honest people play the game too! I hope I'm not setting anyone up to fail. As always, be cautious with investing in RL as with Eve because you may lose money. 
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Tom Hagen
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Posted - 2011.09.03 08:26:00 -
[46]
Isk Recived!
I cant understand the people acting up against us that invests in Jaxx.
Jaxx may have a different approach then most, but atleast he is honest about it. If we were to look here in MD I think we could come to the conclusion alot of the scams happening is being made by "trusted" persons (can anyone say Tutskii). So too me, every investment is a gamble in a way. I am ofc trying to improve the odds to my favor.
This "Bond" seemed as a very low risk to me and for the 5% interest during 6 hours it was a good deal. As I said before, every investment must be judge on its own, this bond delivered just as I thought!
Why shouldent I invest?
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Kethas Protagonist
Protagonist Ventures
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Posted - 2011.09.03 10:03:00 -
[47]
Originally by: Jaxx McCoy I will be going out on a limb asking for trust again with my next offering of 1.2 billion.
... *drums fingers on desk idly and thinks*
I was going to say "look, forget 1.2B. That'll fill instantly since you've already run an offer for 1B and returned it."
Then it occurred to me that that's a specific instance of a more general observation. After a borrower returns a certain sum uncollateralized, investors usually consider subsequent offerings of the same value or less as safe. Makes sense - if the guy considered X billion a good enough take to compensate them for the time and effort put into the character, they probably would have done it earlier when they had the chance. That much is obvious and common knowledge.
What's a bit more subtle - and what I think most people understand subconsciously, but don't actually think about - is that slightly larger offerings can also be considered "safe." If I value the time and energy of running a successful offering of some sort on MD at, say, 200M, then if I previously returned 1B of borrowers' money, an offering of 1.2B from me is "safe" for the same reason as 1B would be.
What's interesting is that if you repeat the process, you can handle 1.4B, 1.6B, ... etc. It's thus possible, in a very real and quantifiable sense, to convert "time and energy on the Market Discussions forum" into "capital ceiling at or below which I am known to be trustworthy" to an arbitrarily high desired amount while keeping investors' money "safe."
Not saying I like the exchange rate, but it's interesting to think about. Bigger post re: "rep grinding" coming later.
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Jaxx McCoy
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Posted - 2011.09.03 10:08:00 -
[48]
Originally by: Kethas Protagonist
...stuff...
BING BING BING! ^^ Winnar! 
How did you guess my well concealed diabolical plan sir?
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Speccer
Cossette Moana
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Posted - 2011.09.03 10:17:00 -
[49]
The question is really "Are you doing this for the e-points of becoming a trusted third party or are you eventually going to just hit your goal and split?" I do however like the idea of a trusted party that has a certain level that they aren't trusted beyond, it removes the ambiguity. What's harder to ascertain however is if you intend to, when you will split off. You can compare a bond of 1billion isk to let's say 10billion and weigh up the risks but, with such (relatively) small increases there's not much to go on.
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Kethas Protagonist
Protagonist Ventures
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Posted - 2011.09.03 11:16:00 -
[50]
Originally by: Jaxx McCoy
Originally by: Kethas Protagonist
...stuff...
BING BING BING! ^^ Winnar! 
To be clear, I think there are big differences between the "safe" method I outline above and what you've done so far/what I'd guess you plan on doing in the future. You'd have to do a 1B offering, 1.2, 1.4, 1.6, 1.8, ... ... ... 5B, 5.2, 5.4, ... up to whatever. Each of those is an entire offering + MD thread. It'd be exhausting and you'd end up paying astronomical amounts in "interest." I certainly wouldn't expect a scammer to bother, but honestly I wouldn't expect a legit borrower to, either.
In other words: I have no way to tell if Jaxx is a good-faith borrower or not and have no advice for potential investors.
(That being said, if you do end up doing the whole 1B, 1.2, 1.4, ... offering thing, I salute your dedication and would even seriously consider investing.)
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Theodore Brintle
Alcubierre Heavy Industries The Matari Consortium
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Posted - 2011.09.04 21:54:00 -
[51]
Sorry for the late confirmation.
Isk and interest received.
Thanks. --
T. Brintle CEO Alcubierre Heavy Industries
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