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Thread Statistics | Show CCP posts - 0 post(s) |
Rthor
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Posted - 2006.01.28 19:13:00 -
[1]
I dont know if you answered this or if I understand you correctly but when I read what I read I thought this:
Why would people take out a loan at 75 percent of mineral value when they can recycle them for 100 percent of mineral value?
The reason why they would not recycle but rather would use your bank would be because in a station where they have their crap there is no market for minerals.
So people who can recycle their crap and sell the minerals would not use you. But people who could not recycle their crap would use you. So after some time you are going to have a ton of "assets" all over the universe that you will either have to go collect and transport to a hub for recycling or you will hold them indefinitely. If that happens your bank will collapse.
Is there something in your plan that addresses this?
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Rthor
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Posted - 2006.01.30 15:17:00 -
[2]
You are not worried that this idea will destroy your reputation and your friends? If it does not work your reputation is gone and gg to you. Right?
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Rthor
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Posted - 2006.01.30 18:08:00 -
[3]
 Originally by: TornSoul
If it does not work, it will because (not enough) people are interested in taking out loans.
I fail to see what impact that would have on the BIG reputation.
Wow. Tornsoul, do you stand behind this venture? Would you buy the shares yourself?
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Rthor
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Posted - 2006.01.30 21:23:00 -
[4]
Originally by: Baun
He is telling you that their administration will not stand in the way of the bank being a success. This means that if the bank does NOT succeed then it will be because no one was interested in using it, not because BIG screwed up running it.
But you know Baun it sounds like this what you and Tornsoul are saying:
If the bank fails and the shareholders will lose money it is not going to be our fault but it was the risk that you took when you bought shares. And if you lose money dont hold it against us.
I dont know how you guys think but if you set something up and it bombs then you better believe that your reputation will suffer regardless of any disclaimers how it would not be your fault.
My question really is if you are trading in BIG reputation for an experiment that other people will pay for you to run. At the very least you could treat shareholders or potential shareholders with respect because you are asking for their money. It is a bit rich to say give us money because we are BIG but if it fails you cannot hold it against us in any way and if you do hold it against us you are crazy because we warned you.
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Rthor
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Posted - 2006.01.31 16:39:00 -
[5]
Originally by: Semkhet
You gambled, and lost.
Etc...
Your bank lost...money.
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Rthor
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Posted - 2006.01.31 18:20:00 -
[6]
Originally by: Semkhet
It's scientific m8.
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