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Mattias Uta
Blue Republic RvB - BLUE Republic
0
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Posted - 2013.06.15 21:44:00 -
[1] - Quote
pretty annoyed that a i set a public contract up last night only to have some person grab it within minutes with no intention of doing it. After some searching i've found sure evidence of his/her behaviour, and the 280m bounty on their character sheet is a sure sign. Although im disappointed that it's quite clear this character doesn't stray from a Jita station, and thus poses no risk to themselves ever, making bounties pointless.
i shouldn't have trusted eve's price estimation of my goods for collateral, which has lost me about 100m in ships and cheap fittings, that eve estimated as 24m in ore worth. I was too focused on an attractive reward, 500k per jump for 3 jumps of hauling, which would have been a ten minute job for somebody (im in blue corp, and cant haul while actively at war here). I posted the contract around and gathered a few private convos, and they were all eager to grab it. Im sad this person got there first. |

Rengerel en Distel
Amarr Science and Industry
1634
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Posted - 2013.06.15 21:50:00 -
[2] - Quote
Hate to break it to you, but most people if they see that you've undervalued the gear and there's a profit from failing the contract, will do just that. There are plenty of tools you can use to get a better estimate of what it's worth.
With the increase in shiptoasting, the Report timer needs to be shortened.
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Mattias Uta
Blue Republic RvB - BLUE Republic
0
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Posted - 2013.06.15 21:58:00 -
[3] - Quote
well it's screwed me up big time, i was relying on all of that gear, and losing it has left me broke, unable to continue pvp. |

Lidam
Hedion University Amarr Empire
0
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Posted - 2013.06.15 22:35:00 -
[4] - Quote
Then maybe next time consider researching (read: clicking on "View market details") your stuff so you post an adequate collateral.
If I saw a courier contract with 24m collateral with 100m worth of ships, I would take it too. |

Adunh Slavy
957
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Posted - 2013.06.15 22:42:00 -
[5] - Quote
Always do your own math. |

UKBigWolf
40
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Posted - 2013.06.15 23:15:00 -
[6] - Quote
With courier contracts, ALWAYS overvalue your items and never mention what's inside the package
Or use Red Frog |

Johan Toralen
IIIJIIIITIIII
103
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Posted - 2013.06.15 23:42:00 -
[7] - Quote
Mattias Uta wrote:well it's screwed me up big time, i was relying on all of that gear, and losing it has left me broke, unable to continue pvp.
On the positive side you've learned a valuable lesson: Don't be sloppy with stuff that's important to you. |

Ireland VonVicious
Vicious Trading Company
158
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Posted - 2013.06.16 00:13:00 -
[8] - Quote
Here is a video based on the subject:
http://www.youtube.com/watch?v=-_qMagfZtv8 |

Grandma Squirel
Squirel Enterprises
8
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Posted - 2013.06.16 01:27:00 -
[9] - Quote
Put enough collateral on your courier that you would rather they not deliver it . Worst that happens is your stuff gets moved. |

Tinu Moorhsum
Random Events
220
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Posted - 2013.06.16 02:06:00 -
[10] - Quote
Mattias Uta wrote:
i shouldn't have trusted eve's price estimation of my goods for collateral,
Oh man... do people really do this?
Note to self: check courier contracts more often. |

Sabriz Adoudel
AWOXalypse
437
|
Posted - 2013.06.16 02:27:00 -
[11] - Quote
Nothing quite like a good courier contract lucky dip.
It's like buying a lottery ticket. Sometimes you get some rubbish that no one wants. Other times, jackpot! Someone forgets a 0 in their collateral, and you hit payday.
An enemy is just a friend that you stab in the front. |

Manny Moons
New Order Logistics CODE.
127
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Posted - 2013.06.16 11:37:00 -
[12] - Quote
Mattias Uta wrote:well it's screwed me up big time, i was relying on all of that gear, and losing it has left me broke, unable to continue pvp.
Wait a minute. You got the collateral that you set when you created the contract. You say you were relying on the gear, and that losing it has left you broke. That implies you thought it was valuable. So you set collateral so low that receiving it left you broke, on items so valuable that the loss leaves you unable to pvp. While this does not make much sense to me, I do understand how it could happen. What I cannot understand is why you would think of posting about it here, and implying that it was anything other than your own mistake.
I'd write it off to the cost of education - after making sure some education actually occurred.
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Tallena Curie
New Eden Scientific Association
4
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Posted - 2013.06.16 15:11:00 -
[13] - Quote
If you knew it was valued at over 100m, why the hell did you set the collateral at 24m? It makes no sense. |

Erotica 1
Krypteia Operations
504
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Posted - 2013.06.16 18:24:00 -
[14] - Quote
A high bounty is not always a warning sign. Look at me. My bounty simply reflects the satisfaction of many clients who have tipped me. See Bio for isk doubling rules. -áIf you didn't read bio, chances are you helped fund those who did. |

Kara Books
Deal with IT.
654
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Posted - 2013.06.16 20:48:00 -
[15] - Quote
Personally, I always add at-least 20% to what I honestly think the item is worth.
For example, I value Gnosis at 125M isk while their 80 on the market, things that are manipulated I can sometimes Undervalue.
Then I usually add another 20% to the total if I deem it plausible, so far iv lost 2 out of maybe 3K completed Currier contracts throughout my entire time here in eve across all of my characters and those where authentically ganked doing stupid things. |

Lors Dornick
Kallisti Industries Solar Assault Fleet
564
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Posted - 2013.06.16 21:37:00 -
[16] - Quote
Johan Toralen wrote:Mattias Uta wrote:well it's screwed me up big time, i was relying on all of that gear, and losing it has left me broke, unable to continue pvp. On the positive side you've learned a valuable lesson: Don't be sloppy with stuff that's important to you.
This indeed.
And always remember to be happy you made it now.
The same mistake some months later would most likely be much more expensive ;)
CCP Eterne: Silly player, ALL devs are evil. CCP Fozzie: When Veritas describes a programming challenge as "very hard" I tend to believe him.
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Lhisana Silvermoon
Militek Industries Union 0f Revolution
0
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Posted - 2013.06.17 01:08:00 -
[17] - Quote
lol :D
should have read your corpinfo more! rvb suggests using red frog! |

Tesal
303
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Posted - 2013.06.17 02:22:00 -
[18] - Quote
Whenever you make a courier contract, always over collateralize your stuff. It costs you nothing and takes away all the risk. You can actually turn a profit when they fail your contract. Undercollateralizing is just plain silly. |

Tiven loves Tansien
Science and Trade Institute Caldari State
844
|
Posted - 2013.06.17 08:47:00 -
[19] - Quote
Contact me ingame i have a job for you. |

Nanami Enpei
Shinden Shorai
0
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Posted - 2013.06.17 17:25:00 -
[20] - Quote
Erotica 1 wrote: A high bounty is not always a warning sign. Look at me. My bounty simply reflects the satisfaction of many clients who have tipped me.
Every "i double your isk, see my wallet for proof" scammer has that in their bio in smallest typing. 
Hope TO learned from that.
I only lost one contract to an stupid theft ... collateral was 10% higher then it was worth and he broke the contract. Lucky me.
But then i used red frog many times and no contract broke yet. |

Zappity
Kurved Space
133
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Posted - 2013.06.17 17:58:00 -
[21] - Quote
Tesal wrote:Whenever you make a courier contract, always over collateralize your stuff. It costs you nothing and takes away all the risk. You can actually turn a profit when they fail your contract. Undercollateralizing is just plain silly.
Exactly. If you don't want the courier to fail the contract you are doing it wrong.
Let's say you're region trading using public courier contracts. You have a reasonable prospect of Item X selling at a 25% premium in Station Y. You buy your stock, collateral replacement + 25% and ship it. If the contract fails you just instantly made your entire maximum projected margin without the hassle of a sell order. Hooray, I'm l33t! -á(Kil2: "The higher their ship losses...the better they're going to be.") |

Tielen
Bifrost Light Industries
0
|
Posted - 2013.06.18 22:56:00 -
[22] - Quote
UKBigWolf wrote:With courier contracts, ALWAYS overvalue your items [..] or use Red Frog
Overvalue AND use Red Frog. RF doesn't promise any different behavior -- undervalued contracts may still get stolen. Their website explicitly states to properly collateralize your contract.
Quote: Q4: How much collateral should I put on the contract?
A: Put an amount equal to or greater than the value of the cargo in the contract. Do NOT put an amount that is less than the value of the items in the contract.
http://red-frog.org/faq.php |

Sabriz Adoudel
Federal Defense Union
442
|
Posted - 2013.06.19 04:54:00 -
[23] - Quote
Zappity wrote:Tesal wrote:Whenever you make a courier contract, always over collateralize your stuff. It costs you nothing and takes away all the risk. You can actually turn a profit when they fail your contract. Undercollateralizing is just plain silly. Exactly. If you don't want the courier to fail the contract you are doing it wrong. Let's say you're region trading using public courier contracts. You have a reasonable prospect of Item X selling at a 25% premium in Station Y. You buy your stock, collateral replacement + 25% and ship it. If the contract fails you just instantly made your entire maximum projected margin without the hassle of a sell order.
This. This all the way.
I go by the following:
Case 1: I want the item that's being hauled at a particular place (e.g. it's a component in T2 production that I'm running low low low on): Collateralize at 150% of item replacement price.
Case 2: I'm moving the item to somewhere to sell it: Collateralize at 110-120% of projected sale price.
Case 3: I'm fishing for suckers: Collateralize at replacement price plus a billion ISK or more. Best used if the route is inherently dangerous but does not look to be (Odette to Dodixie in a freighter size load, Perimeter to Jita when Burn Jita is on, etc).
An enemy is just a friend that you stab in the front. |

Nyancat Audeles
Center for Advanced Studies Gallente Federation
320
|
Posted - 2013.06.19 12:43:00 -
[24] - Quote
Mattias Uta wrote:well it's screwed me up big time, i was relying on all of that gear, and losing it has left me broke, unable to continue pvp. Don't worry, man! You can always continue PvP! Hell, I've seen rookie ship fleets take down battlecruisers!
If you have absolutely nothing left, just do it the old way - start with L1 missions and work your way up to L4 again (or, for much, much, faster results, blitz L4's with a friend). You'll be ready in no time! |
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