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RAW23
450
|
Posted - 2013.11.05 19:26:00 -
[1] - Quote
I am issuing bonds to the value of 30 billion isk to provide capital for a station trading operation. The interest rate will be 5% per month and the length of the bond will be two months. Interest will be paid on the 5th of December and again on the 5th of January when the bond closes and the investments are returned. This will be an uncollateralised investment. The minimum investment is 100 million isk and the maximum per character is 5 billion.
The plan is to trade in Jita with a single character who has nearly maxxed out trade skills and extremely high standings (Caldari Navy and Caldari state both above 9). My bonds to date have been either combined trade and industry bonds, speculation bonds, or bonds to fund my loans business. This will be my first pure trade bond and I will be learning as I go under the tutelage of my long-standing friend, business partner, and ++ber-trader Rykker Bow.
My aim is not to make vast quantities of isk (been there, done that) but rather to cover ship replacement costs (I am VERY bad at PvP but having a lot of fun with it at the moment) and PLEX costs for my three active accounts. I will pursue a strategy that seeks to minimise time spent 0.01ing while maximising profits. In the highly unlikely event that I am unable to make the necessary returns (the aim is 10bil profit a month) I will switch to one of my more active tried and tested trade and industry business plans, with which I have been able to make 100% profits a month on similar or larger amounts of capital. The first five days of the bond will be spent researching markets and dipping my toes in before committing the capital fully.
Provisional Reservations:
1)Vaerah Vahrokha GÇô 5 billion 2)Rykker Bow GÇô 5 billion 3)MadMaxx2000 GÇô 5 billion
These bonds are being set aside for those who have previously expressed an interest in investing but should they choose not to invest their portions will be made available to others. I will also give priority to flakeys if he is interested in investing as he has invested in all my previous bonds and I donGÇÖt want him to miss out should he want to participate.
For my background in the bond markets and links to my previous bonds and audits please see this post:
https://forums.eveonline.com/default.aspx?g=posts&m=3388232#post3388232 |

Elizabeth Norn
Nornir Research
100
|
Posted - 2013.11.05 19:39:00 -
[2] - Quote
Put me down for 5b please. |

Kithran
67
|
Posted - 2013.11.05 19:39:00 -
[3] - Quote
Sod it I'll take the last 10 |

Careby
Careby Exploration
74
|
Posted - 2013.11.05 19:43:00 -
[4] - Quote
In for 5b.
|

Grendell
Technologies Unlimited Superior Eve Engineering
749
|
Posted - 2013.11.05 19:53:00 -
[5] - Quote
Bah you and your silly maximum of 5b :P |

RAW23
450
|
Posted - 2013.11.05 19:55:00 -
[6] - Quote
Thanks to those who have reserved so far. Please feel free to keep the reservations coming as the provisional reservations listed in the OP are tentative and their isk may well be deployed elsewhere.
|

RAW23
452
|
Posted - 2013.11.05 19:59:00 -
[7] - Quote
Grendell wrote:Bah you and your silly maximum of 5b :P

Sorry. Small beer I know but I have made some of my best relationships in the game through having a broad pool of investors. Given all you have done for me over the years I would love to have you on the list!
|

Blueprint Seller
The Blueprint Shop
106
|
Posted - 2013.11.05 20:36:00 -
[8] - Quote
I would take 5b, if there is room. |

RAW23
454
|
Posted - 2013.11.05 21:00:00 -
[9] - Quote
Blueprint Seller wrote:I would take 5b, if there is room.
Noted and thank you. I'll give the guys on the priority list 24 hours to confirm, so we'll know in a day. |

Joshu Mumon
J.M. Capital Corporation
0
|
Posted - 2013.11.05 21:16:00 -
[10] - Quote
I'd like to invest 500 million, if there's room and you'd allow a smaller amount (I know you said 100m minimum, but it seems that you're getting a load of the multi-billion offers). |

RAW23
454
|
Posted - 2013.11.05 21:33:00 -
[11] - Quote
Joshu Mumon wrote:I'd like to invest 500 million, if there's room and you'd allow a smaller amount (I know you said 100m minimum, but it seems that you're getting a load of the multi-billion offers).
500mil is no problem at all so long as there is room.
Thanks for the reservation! |

Rykker Bow
121
|
Posted - 2013.11.05 22:03:00 -
[12] - Quote
Confirming my reservation of 5 billion and ISK sent.
Any information that may help you reach your goals is yours my friend 
|

RAW23
454
|
Posted - 2013.11.05 22:39:00 -
[13] - Quote
Thanks Rykker!
@Elizabeth and Kith - please send your investments whenever you are ready.
If the others could hold off until tomorrow evening, I'll let you know the final lineup then. |

Amarr Citizen 155
Nordar Innovations.
23
|
Posted - 2013.11.05 23:46:00 -
[14] - Quote
I'll take any amount that others might not come up with. Doubt this will be needed but I'll throw this out there just the same. |

MaddMaxx2000
The Mjolnir Bloc Talons Of Blood
3
|
Posted - 2013.11.06 00:45:00 -
[15] - Quote
Confirming my reservation of 5 billion, will send ISK over shortly.
|

Joshu Mumon
J.M. Capital Corporation
0
|
Posted - 2013.11.06 00:47:00 -
[16] - Quote
That puts me out. Good luck! |

Tolnakar
HG Capital Industries LTD
5
|
Posted - 2013.11.06 08:33:00 -
[17] - Quote
Pending space in the bond i would like to take 2bil
let me know  |

Daniel Plain
Science and Trade Institute Caldari State
1530
|
Posted - 2013.11.06 09:58:00 -
[18] - Quote
Tolnakar wrote:Pending space in the bond i would like to take 2bil let me know  i'll add 3bil to this to get it up to a 5bil chunk. EVEMail or reply in this thread if/when there is room. |

RAW23
454
|
Posted - 2013.11.06 11:08:00 -
[19] - Quote
Thanks for the reservations guys. I have put you on the backup list in case anyone pulls out.
@AC155 - Good to see you! Hope all is well with you and thanks for the reservation.
I will close the list to new reservations at this point as the bond has filled and there are a healthy number of backups.
The current lineup is:
1) Rykker Bow - 5bil (received) 2) MaddMaxx2000 - 5bil (received) 3) Elizabeth Norn - 5bil 4) Kithran - 5bil 5) Careby - 5bil 6) Blueprint Seller - 5bil
Backups are:
1) Joshu Mumon - 500mil 2) AC155 - 5bil 3) Tolnakar - 2bil 4) Daniel Plain - 3bil
VV and flakeys have until 2100 eve time to get in if they want. However, unless there are any objections, if they don't make the cutoff but still want to invest I will arrange something privately with each of them to a max of 5bil, potentially increasing my total exposure to 40bil. |

Grendell
Technologies Unlimited Superior Eve Engineering
749
|
Posted - 2013.11.06 15:28:00 -
[20] - Quote
RAW23 wrote:Grendell wrote:Bah you and your silly maximum of 5b :P  Sorry. Small beer I know but I have made some of my best relationships in the game through having a broad pool of investors. Given all you have done for me over the years I would love to have you on the list!
Can reserve 30b (5b each from 6 alts ) for me in the event everyone magically runs away. |

Steiner Schulze
The Nazrezim
0
|
Posted - 2013.11.06 15:39:00 -
[21] - Quote
I know I missed the train, but I'd like to reserve 1b for this or future investments on behalf of my corporation |

flakeys
Antwerpse Kerels Fidelas Constans
1591
|
Posted - 2013.11.06 18:43:00 -
[22] - Quote
Damn you for not approaching me ....  |

Kithran
67
|
Posted - 2013.11.06 19:03:00 -
[23] - Quote
flakeys wrote:Damn you for not approaching me .... 
You need to pay more attention flakeys:
VV and flakeys have until 2100 eve time to get in if they want. However, unless there are any objections, if they don't make the cutoff but still want to invest I will arrange something privately with each of them to a max of 5bil, potentially increasing my total exposure to 40bil. |

RAW23
455
|
Posted - 2013.11.06 19:13:00 -
[24] - Quote
flakeys wrote:Damn you for not approaching me .... 
There's always room for you. It wouldn't feel like a proper bond in your absence.
Grendell wrote:Can reserve 30b (5b each from 6 alts  ) for me in the event everyone magically runs away. 
Grendell is now my official backup in case of malicious wizardry. |

flakeys
Antwerpse Kerels Fidelas Constans
1591
|
Posted - 2013.11.06 19:21:00 -
[25] - Quote
Kithran wrote:flakeys wrote:Damn you for not approaching me ....  You need to pay more attention flakeys: VV and flakeys have until 2100 eve time to get in if they want. However, unless there are any objections, if they don't make the cutoff but still want to invest I will arrange something privately with each of them to a max of 5bil, potentially increasing my total exposure to 40bil.
SCREW reading ....
in other news rushing through the end of a thread when you come home is bad mmmmmmkay  |

flakeys
Antwerpse Kerels Fidelas Constans
1591
|
Posted - 2013.11.06 19:23:00 -
[26] - Quote
RAW23 wrote:flakeys wrote:Damn you for not approaching me ....  There's always room for you (see Kith's post above). It wouldn't feel like a proper bond in your absence. Grendell wrote:Can reserve 30b (5b each from 6 alts  ) for me in the event everyone magically runs away.  Grendell is now my official backup in case of malicious wizardry.
Aye i just read it mate thanks for thinking of me , can i get a HUG ? .
I'll do the usuall backroom dealing with you if you need some extra love . You know where to find me ... |

Vaerah Vahrokha
Vahrokh Consulting
4482
|
Posted - 2013.11.06 23:38:00 -
[27] - Quote
Hello,
my internet home connection broke, my backup internet connection broke and my last resort USB key internet connection broke (!!!!!) so I could not access internet and much less read this thread.
If you wish I am still available to the "out of band" 5B investment, else... I'll just have to deal with this chain of incredible coincidences.
|

Uppsy Daisy
Perkone Caldari State
557
|
Posted - 2013.11.06 23:51:00 -
[28] - Quote
This thread gives me a warm, snuggly happy feeling.
Its like a load of old friends having a reunion.
Good luck with the bond! |

Blueprint Seller
The Blueprint Shop
106
|
Posted - 2013.11.07 06:04:00 -
[29] - Quote
5b sent. |

RAW23
456
|
Posted - 2013.11.07 12:47:00 -
[30] - Quote
Isk received from Blueprint Seller. Thank you!
@Careby - feel free to send your chunk whenever you are ready as I will be coming to separate arrangements with flakeys and VV (although I'll track both in this thread).
flakeys wrote:Aye i just read it mate thanks for thinking of me , can i get a HUG ?  .
One day I'll learn how to do that heart thing Grendell does, but in the meantime - HUG. But just in case you have your mind set on 'backroom dealings' bear in mind that this is a platonic hug.
Uppsy Daisy wrote:This thread gives me a warm, snuggly happy feeling.
Its like a load of old friends having a reunion.
Good luck with the bond!
Eve and MD are cold hard places.
Now pass the cocoa round while I put another log on the fire. |

Careby
Careby Exploration
76
|
Posted - 2013.11.07 12:59:00 -
[31] - Quote
RAW23 wrote:@Careby - feel free to send your chunk whenever you are ready as I will be coming to separate arrangements with flakeys and VV (although I'll track both in this thread).
5b sent. Happy to be part of this endeavor.
|

RAW23
456
|
Posted - 2013.11.07 14:02:00 -
[32] - Quote
Thanks Careby!
All isk has now been received. I did a little bit of exploratory playing around with the first half of the isk for an hour in a quiet period in Jita yesterday afternoon and updated my orders once this morning (c. 15 mins). Net profit so far is over a billion .
I'll report back in a week with news from the front. |

Black Madness
Natural Born Builders
6
|
Posted - 2013.11.07 20:56:00 -
[33] - Quote
RAW23 wrote:Thanks Careby! All isk has now been received. I did a little bit of exploratory playing around with the first half of the isk for an hour in a quiet period in Jita yesterday afternoon and updated my orders once this morning (c. 15 mins). Net profit so far is over a billion  . I'll report back in a week with news from the front.
Impressive, indeed.
Keep up the good work ;) |

flakeys
Antwerpse Kerels Fidelas Constans
1595
|
Posted - 2013.11.07 23:20:00 -
[34] - Quote
Black Madness wrote:RAW23 wrote:Thanks Careby! All isk has now been received. I did a little bit of exploratory playing around with the first half of the isk for an hour in a quiet period in Jita yesterday afternoon and updated my orders once this morning (c. 15 mins). Net profit so far is over a billion  . I'll report back in a week with news from the front. Impressive, indeed. Keep up the good work ;)
To quote an oldie : You ain't seen nothing yet .... |

RAW23
459
|
Posted - 2013.11.08 01:23:00 -
[35] - Quote
flakeys wrote:Black Madness wrote:RAW23 wrote:Thanks Careby! All isk has now been received. I did a little bit of exploratory playing around with the first half of the isk for an hour in a quiet period in Jita yesterday afternoon and updated my orders once this morning (c. 15 mins). Net profit so far is over a billion  . I'll report back in a week with news from the front. Impressive, indeed. Keep up the good work ;) To quote an oldie : You ain't seen nothing yet ....
TOO MUCH PRESSURE 
Seriously, though, this bond won't see the kind of massive profits I have aimed at in the past. I have very limited objectives this time (c. 10bil a month); just enough to cover interest, plexes and ships to lose, plus a little extra on the side. The strategy I'm following could yield about 4-5bil a day and I may give it a full aspy test over the weekend to satisfy my curiosity but I will be very happy if I clear 500mil a day in under an hour of keyboard time. The problem I'm going to face is trying not to get too immersed in it as I have other more interesting things to do in the game at the moment.
I did hit 2 bil a moment ago though  |

Black Madness
Natural Born Builders
6
|
Posted - 2013.11.08 07:27:00 -
[36] - Quote
RAW23 wrote:
...The strategy I'm following could yield about 4-5bil a day...
This is what i mean to be impressive. Will that bond be purely about station trading ? In Jita ? |

Black Madness
Natural Born Builders
6
|
Posted - 2013.11.08 07:28:00 -
[37] - Quote
flakeys wrote:Black Madness wrote:RAW23 wrote:Thanks Careby! All isk has now been received. I did a little bit of exploratory playing around with the first half of the isk for an hour in a quiet period in Jita yesterday afternoon and updated my orders once this morning (c. 15 mins). Net profit so far is over a billion  . I'll report back in a week with news from the front. Impressive, indeed. Keep up the good work ;) To quote an oldie : You ain't seen nothing yet ....
Yeah, easy talking for the guys who shoked us in the past with profit margin :D |

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.08 13:43:00 -
[38] - Quote
RAW23 wrote:Seriously, though, this bond won't see the kind of massive profits I have aimed at in the past. I have very limited objectives this time (c. 10bil a month); just enough to cover interest, plexes and ships to lose, plus a little extra on the side. The strategy I'm following could yield about 4-5bil a day ...
Wow, your strategy could potentially yield 120-150 B ISK in a month, and yet, no one find it odd that you are asking for 30 B.
|

Grendell
Technologies Unlimited Superior Eve Engineering
749
|
Posted - 2013.11.08 14:54:00 -
[39] - Quote
RAW23 wrote: One day I'll learn how to do that heart thing Grendell does, but in the meantime - HUG. But just in case you have your mind set on 'backroom dealings' bear in mind that this is a platonic hug.
GÖÑ = Hold your left "Alt" key, then using the Numpad on your keyboard press the number "3".
If you are looking to do it in-game you have to be in windowed mode.
There are a lot of combinations using these codes, here are a few: GÇáGÿ¦Gÿ+GÖÑGÖªGÖúGÖáGÇóGùÿGùï+Gò¥Gäó |

RAW23
460
|
Posted - 2013.11.08 16:39:00 -
[40] - Quote
Block Ukx wrote:RAW23 wrote:Seriously, though, this bond won't see the kind of massive profits I have aimed at in the past. I have very limited objectives this time (c. 10bil a month); just enough to cover interest, plexes and ships to lose, plus a little extra on the side. The strategy I'm following could yield about 4-5bil a day ... Wow, your strategy could potentially yield 120-150 B ISK in a month, and yet, no one find it odd that you are asking for 30 B.
Why would they find that odd? The strategy could yield 120-150bil a month, in theory, if I had nothing better to do with my time, if I had 30-40bil of start-up capital. Without the isk I have raised through this bond to run that plan the plan will yield precisely nothing. In any case, the plan as it will actually be operated will probably only yield 10-20bil per month as that is all I currently want.
@Grendell - Thanks for that! |

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.08 16:54:00 -
[41] - Quote
RAW23 wrote: Why would they find that odd? The strategy could yield 120-150bil a month ...
Well, I find it odd. You can make the bond amount in a week, yet you are here asking for the ISK. In the past, Bonds that claimed such great returns have been dismissed as "too good to be true".
I find it odd that no one ask why bother when you can make the ISK in a week.
|

RAW23
460
|
Posted - 2013.11.08 17:17:00 -
[42] - Quote
Block Ukx wrote:RAW23 wrote: Why would they find that odd? The strategy could yield 120-150bil a month ...
Well, I find it odd. You can make the bond amount in a week, yet you are here asking for the ISK. In the past, Bonds that claimed such great returns have been dismissed as "too good to be true". I find it odd that no one ask why bother when you can make the ISK in a week.
Because to make the isk in a week I first have to have the bond. And just because the strategy can earn enough to make that isk in a week doesn't mean that I am going to grind for six to eight hours a day when I neither need to nor want to.
A few other things to bear in mind:
Firstly, I didn't mention what returns the strategy could potentially produce until after the bond was filled, so the bond wasn't sold on the basis of those profit levels (indeed, I wasn't really sure about potential maximum profit levels until after I had received some isk and had played around with the plan a little bit). Rather, as the OP states, my objective is to earn 10bil a month and the bond was filled by people expecting those actual returns, not larger merely potential returns that will never materialise.
Secondly, since I have a documented history of producing similar profit levels in the past (not quite as high but pretty close), I don't see why anyone would be particularly sceptical about my ability to do so in the present.
Thirdly, as I mention in the OP, I am being assisted in the current plan by Rykker Bow's encyclopedic knowledge of Jita trading and he has a documented history of hitting exactly such profit levels in the past (the coincidence of the potential profit levels I mention and his historical profit levels is ... well ... not a coincidence).
I suspect the lack of suspicion directed towards this bond is also partly due to the fact that I have held greater public debt in the past and that this level of borrowing represents a decrease rather than an increase in potential risk levels. |

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.08 17:22:00 -
[43] - Quote
RAW23 wrote: Because to make the isk in a week I first have to have the bond. And just because the strategy can earn enough to make that isk in a week doesn't mean that I am going to grind for six to eight hours a day when I neither need to nor want to.
A few other things to bear in mind:
Firstly, I didn't mention what returns the strategy could potentially produce until after the bond was filled, so the bond wasn't sold on the basis of those profit levels (indeed, I wasn't really sure about potential maximum profit levels until after I had received some isk and had played around with the plan a little bit). Rather, as the OP states, my objective is to earn 10bil a month and the bond was filled by people expecting those actual returns, not larger merely potential returns that will never materialise.
Secondly, since I have a documented history of producing similar profit levels in the past (not quite as high but pretty close), I don't see why anyone would be particularly sceptical about my ability to do so in the present.
Thirdly, as I mention in the OP, I am being assisted in the current plan by Rykker Bow's encyclopedic knowledge of Jita trading and he has a documented history of hitting exactly such profit levels in the past (the coincidence of the potential profit levels I mention and his historical profit levels is ... well ... not a coincidence).
I suspect the lack of suspicion directed towards this bond is also partly due to the fact that I have held greater public debt in the past and that this level of borrowing represents a decrease rather than an increase in potential risk levels.
And still, all those words can't explain how someone that makes such marvelous profits does not have 30B ISK. Yes, very odd.
|

RAW23
460
|
Posted - 2013.11.08 17:47:00 -
[44] - Quote
Block Ukx wrote:
And still, all those words can't explain how someone that makes such marvelous profits does not have 30B ISK. Yes, very odd.
Oh! That's what you find weird! Why didn't you just say so.
The answer is that when I took a one year break from EvE early last year I gave all my isk away (c. 400 billion) through various means 
You keep using the word 'odd' but it's not really. I now find myself in need of a comparatively small income so I am pursuing a low effort business plan utilising isk from the bond market I have often turned to in the past.
You also seem to be implying that I'm lying about my ability to make these kinds of profits. Fortunately, at least some of those investing in this bond and commenting in this thread have a pretty decent idea of what I can do because they have either been prior business partners, or have held my api keys, or have audited me. Rykker, likewise, has been audited and had his profit levels publicly documented. So, I doubt any of the investors are terribly surprised by the potential profit levels I have mentioned.
But let's cut to the chase. We both know that the reason you are fussing here is because you're still rather bitter about the fact that I gave you a hard time some years ago about the opacity of your own business and the fact that you were unwilling to have any third party verification of your own claims when you were trying to raise public money. You rarely comment on bond threads but in the period since our discussions about your own business practices, most of the investment threads you have commented on negatively have been those of people who were demanding greater transparency from you. I think it's a bit of a shame that you still haven't got over that stuff but I am, regardless, still happy to answer any further questions you might have.
|

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.08 18:12:00 -
[45] - Quote
Odd, strange, unusual, weird, pick your word.
It is strange for anyone who makes 120-150 B ISK a month come here and ask for 30 B ISK. You claim you gave all your ISK away, which again is unusual. Most people I know keep a bit of ISK in case they want to come back.
I think you too will find it strange.
|

RAW23
460
|
Posted - 2013.11.08 18:28:00 -
[46] - Quote
Block Ukx wrote:
Odd, strange, unusual, weird, pick your word.
It is strange for anyone who makes 120-150 B ISK a month come here and ask for 30 B ISK. You claim you gave all your ISK away, which again is unusual. Most people I know keep a bit of ISK in case they want to come back.
I think you too will find it strange.
 I don't 'make 120-150bil a month'. Please stop making claims on my behalf and then acting as if it was me who made them. I have told you repeatedly that being able to make that much is not the same thing as choosing to do so. I'm not sure why you are having such a problem with the distinction between the potential and the actual. I have made similar figures before but it's very tedious and it's not what I want to do with my game time. Is that ok with you?
And if you don't believe I gave my isk away I can only suggest you do some research. A fair bit of it was documented on this forum, including my signing all my active investments over to friends and VV's charity. |

flakeys
Antwerpse Kerels Fidelas Constans
1599
|
Posted - 2013.11.08 19:43:00 -
[47] - Quote
Block Ukx wrote:RAW23 wrote: Why would they find that odd? The strategy could yield 120-150bil a month ...
Well, I find it odd. You can make the bond amount in a week, yet you are here asking for the ISK. In the past, Bonds that claimed such great returns have been dismissed as "too good to be true". I find it odd that no one ask why bother when you can make the ISK in a week.
You never followed RAW's loans nor his ''profit schedules'' have you ? |

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.08 20:10:00 -
[48] - Quote
RAW23 wrote:I don't 'make 120-150bil a month'. Please stop making claims on my behalf and then acting as if it was me who made them.
RAW23 wrote:The strategy I'm following could yield about 4-5bil a day ...
RAW23 wrote:Why would they find that odd? The strategy could yield 120-150bil a month ...
|

RAW23
460
|
Posted - 2013.11.08 20:32:00 -
[49] - Quote
Wow - you manage to combine maliciousness and deceit with a deep-seated stupidity at the same time. That's a pretty impressive set of negative qualities you are displaying. Not only have you deliberately edited my actual words to try to make it look like I have claimed to 'make' (in fact and in the present tense) 120-150bil a month, but you have done so in such a poor way that you have still left the key word 'could' in each quote, which indicates a statement of potential and not a statement of fact and thus makes a nonsense of your claim.
But you know this, because you chose to delete the rest of the words I used, which repeatedly emphasise the fact that I do not make, nor do I intend to make, the figure you are putting in my mouth. What I said was:
Quote: The strategy could yield 120-150bil a month, in theory, if I had nothing better to do with my time, if I had 30-40bil of start-up capital. Without the isk I have raised through this bond to run that plan the plan will yield precisely nothing. In any case, the plan as it will actually be operated will probably only yield 10-20bil per month as that is all I currently want.
'I could make' 120-150bil a month means something entirely different to 'I make a 120-150bil a month'. But you know that, don't you? After all, in your own first post you flag up the fact that the figure is only a potential one and not something I claim to be making at the moment.
Block wrote: Wow, your strategy could potentially yield 120-150 B ISK in a month, and yet, no one find it odd that you are asking for 30 B.
This is really quite sad Block. You are humiliating yourself. If you weren't attempting to smear me I would genuinely feel sorry for you. |

Vaerah Vahrokha
Vahrokh Consulting
4485
|
Posted - 2013.11.08 20:34:00 -
[50] - Quote
1) ISK sent.
2) I can confirm that RAW23 gave VAERT charity 35B (plus many other donations) before he left the game. I could not give them back to him when he came back as VAERT bylaws forbid for ANY amount of ISK to EVER come out of it except for forwarding to CCP (or unwinding the fund, then I'd give ISK back to the Donors).
|

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.08 20:40:00 -
[51] - Quote
RAW23 wrote:Wow - you manage to combine maliciousness and deceit with a deep-seated stupidity at the same time. That's a pretty impressive set of negative qualities you are displaying.
I don't think so. You claimed you could make 4-5 B a day not me. I simply extrapolated your claim to a one month period, so it shows the magnitude of your claim, which seems unreal.
Throwing insults is not going to fix anything.
|

RAW23
460
|
Posted - 2013.11.08 20:47:00 -
[52] - Quote
Block Ukx wrote:
I don't think so. You claimed you could make 4-5 B a day not me. I simply extrapolated your claim to a one month period, so it shows the magnitude of your claim, which seems unreal.
Quote: I simply extrapolated your claim to a one month period
Quote: I ... extrapolated your claim
Yes. YOU extrapolated a claim about potential earnings into a statement about actual earnings that runs counter to my own statements on the matter. YOU have tried to foist your unwarranted projection onto me as if it were my own statement. And you want to use YOUR OWN version, which does not correspond with reality, to criticise a bond with completely different objectives. Your approach is ... well ... bizarre is the politest word I can think of.
Edit - I'm also very sorry if these kind of potential earnings seem unreal to you. I know that they match up with the kind of figures your own business was posting as annual earnings using more than ten times the capital. But your inability to grasp what can be done with the markets in EvE is not my responsibility. If it's any consolation, I'm sure your earnings didn't require you to grind more than five hours a day, which is what these potential profit levels would conservatively need. |

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.08 21:23:00 -
[53] - Quote
RAW23 wrote: Yes. YOU extrapolated a claim ...
Yes I extrapolated YOUR claim to build a reasonable question. There is no need for you to be so condescending and arrogant.
|

Vaerah Vahrokha
Vahrokh Consulting
4485
|
Posted - 2013.11.08 21:24:00 -
[54] - Quote
RAW23 wrote:Edit - I'm also very sorry if these kind of potential earnings seem unreal to you. I know that they match up with the kind of figures your own business was posting as annual earnings using more than ten times the capital. But your inability to grasp what can be done with the markets in EvE is not my responsibility. If it's any consolation, I'm sure your earnings didn't require you to grind more than five hours a day, which is what these potential profit levels would conservatively need.
You forgot to say, that in all these years he never accepted to be audited once.
This lack of transparency, considering the hundreds of investor billions held for so many years, does not really entitle to go count the beans in somebody else's home. |

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.08 21:27:00 -
[55] - Quote
Vaerah Vahrokha wrote:RAW23 wrote:Edit - I'm also very sorry if these kind of potential earnings seem unreal to you. I know that they match up with the kind of figures your own business was posting as annual earnings using more than ten times the capital. But your inability to grasp what can be done with the markets in EvE is not my responsibility. If it's any consolation, I'm sure your earnings didn't require you to grind more than five hours a day, which is what these potential profit levels would conservatively need. You forgot to say, that in all these years he never accepted to be audited once. This lack of transparency, considering the hundreds of investor billions held for so many years, does not really entitle to go count the beans in somebody else's home.
In case you have not noticed BSAC is closed.
Perhaps, he should give me his key so I can audit him.
|

RAW23
460
|
Posted - 2013.11.08 21:44:00 -
[56] - Quote
Block Ukx wrote:RAW23 wrote: Yes. YOU extrapolated a claim ...
Yes I extrapolated YOUR claim to build a reasonable question. There is no need for you to be so condescending and arrogant.
Looking back over your posts you haven't asked a single question. You have made statements about finding things odd in an attempt to insinuate dishonesty on my behalf but you haven't actually asked any questions. None. Zero. If you have one, ask it directly and I will try to answer it. If you have a view about my honesty, be brave and come out and state it directly.
As to the claim you 'extrapolated', you got the figure right but the facts wrong. You seem to be trying to ask why I would need to raise a loan if I am making, or am going to make, 120-150bil a month. There are two responses to this. First, I have never said that I am making, or am going to make, 120-150bil a month. I have said that I could potentially make 4-5bil a day (hence your extrapolated figure is correct) but that I am not going to (hence your factual statements about the isk I do or will make are entirely wrong). Any attempt on your behalf to imply that I have said I will be or am making this amount of isk is a pure fabrication on your behalf, not an extrapolation.
Secondly, and forgive me if this seems condescending again, but there is this thing called time, according to which sequences of events are ordered. Now, and you seem to be a bit muddled on this point, you are suggesting that I don't need to raise any isk because I will in the future be able to make a certain amount of isk. What you are missing is the order of the events (that 'time' thingy). Before I can make any isk with my present plan, I must first raise the capital with which that isk will be made. It just doesn't work the other way around. I cannot use the isk I will make in the future as the capital with which I will make that isk. I must already have some isk in order to make that future isk, which is why I have sought some capital from the public market. I am a little suprised that you need this explaining to you as you have also raised isk on the public market. Think, for a moment, about how you would have responded to someone who said 'you don't need that isk because the business plan that depends on it will make you the isk you need'.
Is this any clearer for you? |

Kethas Protagonist
Protagonist Ventures
63
|
Posted - 2013.11.08 21:58:00 -
[57] - Quote
Just wanted to drop in to say good luck over the two months.
On a somewhat-related note, I do find it kind of weird that more people don't make the transition from borrower to lender as they get wealthier/more experienced, this thread being an example. With imperfect corp security, Eve market activity/industry only scale so far. |

RAW23
460
|
Posted - 2013.11.08 22:44:00 -
[58] - Quote
Kethas Protagonist wrote:Just wanted to drop in to say good luck over the two months.
Thanks!
Quote: On a somewhat-related note, I do find it kind of weird that more people don't make the transition from borrower to lender as they get wealthier/more experienced, this thread being an example. With imperfect corp security, Eve market activity/industry only scale so far.
There are a few problems with becoming a lender. If you invest in uncollateralised loans or bonds then there are a lot of dangers that tend to keep people away while it is quite tricky becoming a lender who holds their own collateral as you have to be trusted not to run off with it. A lot of people do lend indirectly though by placing money with Grendell. Grendell's operation has provided the vast bulk of all MD transactions in the past few years, so quite a few people are involved in the lending business through this. There is also the problem that, partly due to Grendell's success but also due to the sheer volume of isk floating around in the game, interest rates have dropped a great deal from a few years ago and I suspect many people just aren't interested in lending at 1.5-2.5%.
On a side note, I'm not sure if you are identifying me as someone who hasn't made the transition from borrower to lender but I have, in the past, made investments on MD and provided loans totalling somewhere in the region of 500 billion isk (of the top of my head). There doesn't need to be a binary distinction between lenders and borrowers either. In the past I have run bonds to borrow isk at one rate which I have subsequently loaned out at a higher rate, pocketing the margin. Quite a few others, including Grendell and TornSoul, have done the same. |

Rykker Bow
123
|
Posted - 2013.11.08 23:15:00 -
[59] - Quote
Block Ukx wrote:
Wow, your strategy could potentially yield 120-150 B ISK in a month, and yet, no one find it odd that you are asking for 30 B.
I don't find it odd at all.
I've a few business plans that can generate roughly 100b in profits per month but that does not mean I have the capital on hand to put them into action. Having the ability to go to the public sector to raise the necessary capital to fully launch said plans is a huge advantage in that you do not have to grind for weeks or even months just to begin your venture.
I tend to do some....unorthodox...things in the game that tend to leave my wallet on the light side from time to time; donating to VEART, transferring characters to friends, running through low sec with a couple plex in the hold taunting those in local (that is a blast by the way). IGÇÖm thankful that I am able to get bonds filled when the need is there; being able to jump straight into a profitable venture, fill the coffers and get out is, to say the least, very nice and very convienent.
So, from my perspective, no I do not find it odd at all.
RAW23 wrote:I did hit 2 bil a moment ago though 
Nice job and a great start! An impressive start although IGÇÖm not surprised by your rapid rise to the top 
|

Daniel Plain
Science and Trade Institute Caldari State
1534
|
Posted - 2013.11.09 01:30:00 -
[60] - Quote
wow, this topic... i'm not even sure why RAW is still putting up with this. even wit EVE being what it is, once the entire financial who is who supports a guy, you may want to lend him SOME credibility... whatever, getting another coffee and some popcorn. |

Arcosian
Arco's Advanced Industries
127
|
Posted - 2013.11.09 01:56:00 -
[61] - Quote
LOL just got to laugh at this thread. All the MD Elite are here about to rake in billions and make it look easy while giving people a chance to make some easy isk and there are questions about the credibility of RAW23. 
I'm just disappointed I did get in on the bond ah well maybe next time. |

Vaerah Vahrokha
Vahrokh Consulting
4485
|
Posted - 2013.11.09 01:58:00 -
[62] - Quote
Rykker Bow wrote: I've a few business plans that can generate roughly 100b in profits per month but that does not mean I have the capital on hand to put them into action.
You have just to ask for that capital on hand 
|

Kethas Protagonist
Protagonist Ventures
63
|
Posted - 2013.11.09 02:03:00 -
[63] - Quote
RAW23 wrote:... it is quite tricky becoming a lender who holds their own collateral as you have to be trusted not to run off with it.
Isn't that just evidence that the self-held collateralized lending business on MD isn't competitive? Anyone could solve that problem by offering higher collateral valuation (or requiring less collateral). The longstanding MD practice of valuing BPOs at NPC value in particular could be Exhibit A.
(Not that I'm biased and have a giant stack of researched BPOs I like using as collateral. No sir.) |

Vaerah Vahrokha
Vahrokh Consulting
4485
|
Posted - 2013.11.09 02:16:00 -
[64] - Quote
Kethas Protagonist wrote:RAW23 wrote:... it is quite tricky becoming a lender who holds their own collateral as you have to be trusted not to run off with it. Isn't that just evidence that the self-held collateralized lending business on MD isn't competitive? Anyone could solve that problem by offering higher collateral valuation (or requiring less collateral). The longstanding MD practice of valuing BPOs at NPC value in particular could be Exhibit A. (Not that I'm biased and have a giant stack of researched BPOs I like using as collateral. No sir.)
As someone who had to liquidate collateral, I can tell you that liquidating some 100-200B worth of crap is not painless nor quick and in the end the collateral holder risks losing a TON of time but also to lose above the 5-10% or so padding that is usually requested.
This hold even more true when collateral is not BPOs but (very common case) speculative stock.
Imagine having to dump 30,000 identical cruisers or something like that. Not going to happen anytime soon.
Imagine having to liquidate 340 low researched speculation generated identical BPOs.
Because THAT's what happens. The era of 1-2B loans that would easily be liquidated by selling those 2 capital BPOs are over. These days 20B is a minimum cut, these days people (pretend to) have learned that patches = easy money made with speculation so collateral preferences went from high quality low risk collateral to low quality, hard to sell / illiquid high risk collateral.
Therefore and after much sweating at liquidating hordes of crap, I have decided to not accept < 8% overcollateral loans nor to finance anyone so miserable to not offer 2,5 - 3% interest a month. |

flakeys
Antwerpse Kerels Fidelas Constans
1599
|
Posted - 2013.11.09 09:34:00 -
[65] - Quote
Block Ukx wrote:Vaerah Vahrokha wrote:RAW23 wrote:Edit - I'm also very sorry if these kind of potential earnings seem unreal to you. I know that they match up with the kind of figures your own business was posting as annual earnings using more than ten times the capital. But your inability to grasp what can be done with the markets in EvE is not my responsibility. If it's any consolation, I'm sure your earnings didn't require you to grind more than five hours a day, which is what these potential profit levels would conservatively need. You forgot to say, that in all these years he never accepted to be audited once. This lack of transparency, considering the hundreds of investor billions held for so many years, does not really entitle to go count the beans in somebody else's home. In case you have not noticed BSAC is closed.Perhaps, he should give me his key so I can audit him.
Come on , are you really that daft block?
'I used to smoke 3 packs a day for 50 years but since i quit smoking last year i am now speaking down to anyone who lights a cigarette' ... you sound like one of those people block. |

flakeys
Antwerpse Kerels Fidelas Constans
1599
|
Posted - 2013.11.09 09:37:00 -
[66] - Quote
 Arcosian wrote:LOL just got to laugh at this thread. All the MD Elite are here about to rake in billions and make it look easy while giving people a chance to make some easy isk and there are questions about the credibility of RAW23.  I'm just disappointed I did get in on the bond ah well maybe next time.
There is allways room to doubt someones credibility , yes even that of RAW because end of the line anyone is a potential scammer .I would never dare say that Raw or for that part grendell is a 100 % safe investment even though i trust them enough to loan reasonable amounts.
The funny thing here is not THAT his credibility is being discussed but WHO is discussing it. |

Vaerah Vahrokha
Vahrokh Consulting
4487
|
Posted - 2013.11.09 11:38:00 -
[67] - Quote
flakeys wrote: There is allways room to doubt someones credibility , yes even that of RAW because end of the line anyone is a potential scammer .I would never dare say that Raw or for that part grendell is a 100 % safe investment even though i trust them enough to loan reasonable amounts.
This.
For several reasons RAW23 has become more than an investment to me. Because of this I couldn't even perform a "trust audit" because I am not neutral towards him any more and it'd be dishonest to show like I were.
This also exposes me to a larger risk: I wanted and want to invest on RAW23 and Rykker Bow more than ISK, I want to invest friendship and that one can't even be compared with stupid ISK (or RL cash for what regards my way of thinking).
If one of them scammed, for me it'd be a terrible blow. I could not care the less to lose 100B or 200B over them, per se but I'd be so devastated by the person betrayal that I am not sure I would keep playing.
|

RAW23
460
|
Posted - 2013.11.09 12:17:00 -
[68] - Quote
flakeys wrote: Arcosian wrote:LOL just got to laugh at this thread. All the MD Elite are here about to rake in billions and make it look easy while giving people a chance to make some easy isk and there are questions about the credibility of RAW23.  I'm just disappointed I did get in on the bond ah well maybe next time. There is allways room to doubt someones credibility , yes even that of RAW because end of the line anyone is a potential scammer .I would never dare say that Raw or for that part grendell is a 100 % safe investment even though i trust them enough to loan reasonable amounts. The funny thing here is not THAT his credibility is being discussed but WHO is discussing it.
Flakeys is quite right. There should be questions and I shouldn't get a free pass because of my background. One of the biggest dangers the investment market has suffered from in the past is a lack of oversight and an unwillingness to challenge the Old Guard. I don't even have a problem with Block doing the challenging or asking the questions, despite knowing that this comes from an old grudge rather than any real concern for the investment.
The issue I have with his posts in this thread is a) that they attempt to indirectly insinuate things without having the courage to actually say what he means, and b) that when we do get to the bottom of what he means, most of it just doesn't make any sense (by which I mean that it is devoid of logic). I should have become used to this by now as Block is pretty notorious for being unable to string two thoughts together coherently in a post but I'm afraid I let my anger get the best of me last night and responded to his posts in a way that gave them greater credence than they deserved.
In short, scrutiny is just as important on large bonds raised by experienced people as it is on small bonds raised by the inexperienced. |

Rykker Bow
123
|
Posted - 2013.11.09 12:21:00 -
[69] - Quote
Vaerah Vahrokha wrote: If one of them scammed, for me it'd be a terrible blow. I could not care the less to lose 100B or 200B over them, per se but I'd be so devastated by the person betrayal that I am not sure I would keep playing.
This is exactly how I feel. The loss of a good friend would be much more distressing than the loss of any digital property.
This game can create some dire enemies, but because of that, it can also create some incredible friendships. For me, RAW23 and Vaerah Vahrokha are at the top of the list. Over years of knowing them, they've both acted with honor and truth in my eyes and will always have my support.
But enough of all the sappy commentary: RAW, go kick some ass in the markets!! |

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.09 13:27:00 -
[70] - Quote
RAW23 wrote: Flakeys is quite right. There should be questions and I shouldn't get a free pass because of my background. One of the biggest dangers the investment market has suffered from in the past is a lack of oversight and an unwillingness to challenge the Old Guard. I don't even have a problem with Block doing the challenging or asking the questions, despite knowing that this comes from an old grudge rather than any real concern for the investment.
The issue I have with his posts in this thread is a) that they attempt to indirectly insinuate things without having the courage to actually say what he means, and b) that when we do get to the bottom of what he means, most of it just doesn't make any sense (by which I mean that it is devoid of logic). I should have become used to this by now as Block is pretty notorious for being unable to string two thoughts together coherently in a post but I'm afraid I let my anger get the best of me last night and responded to his posts in a way that gave them greater credence than they deserved.
In short, scrutiny is just as important on large bonds raised by experienced people as it is on small bonds raised by the inexperienced.
You don't seem to take my comment very well. Like I explained before, my comment was based on YOUR claim. No need to be so extreme.
How about you give the API of all your characters and I'll audit your bond?
|

RAW23
460
|
Posted - 2013.11.09 13:42:00 -
[71] - Quote
Block Ukx wrote:RAW23 wrote: Flakeys is quite right. There should be questions and I shouldn't get a free pass because of my background. One of the biggest dangers the investment market has suffered from in the past is a lack of oversight and an unwillingness to challenge the Old Guard. I don't even have a problem with Block doing the challenging or asking the questions, despite knowing that this comes from an old grudge rather than any real concern for the investment.
The issue I have with his posts in this thread is a) that they attempt to indirectly insinuate things without having the courage to actually say what he means, and b) that when we do get to the bottom of what he means, most of it just doesn't make any sense (by which I mean that it is devoid of logic). I should have become used to this by now as Block is pretty notorious for being unable to string two thoughts together coherently in a post but I'm afraid I let my anger get the best of me last night and responded to his posts in a way that gave them greater credence than they deserved.
In short, scrutiny is just as important on large bonds raised by experienced people as it is on small bonds raised by the inexperienced.
You don't seem to take my comment very well. Like I explained before, my comment was based on YOUR claim. No need to be so extreme. How about you give the API of all your characters and I'll audit your bond? I didn't like your comments because they didn't make sense. You have serious problems with logic and language that make it extremely frustrating to communicate with you. Unfortunately, my frustration at dealing with irrational statements got the better of me last night and I made the mistake of trying to point out the errors in your thinking to you. I won't waste my time doing that again because you don't seem willing to learn.
As to the audit, please stop trolling Block. Why would I give my api to someone with a history of deceitful behaviour and an obvious grudge against me? Oh, and someone who has spent his career trying to avoid audits by claiming that audits are of no use? |

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.09 13:54:00 -
[72] - Quote
RAW23 wrote:I didn't like your comments because they didn't make sense. You have serious problems with logic and language that make it extremely frustrating to communicate with you. Unfortunately, my frustration at dealing with irrational statements got the better of me last night and I made the mistake of trying to point out the errors in your thinking to you. I won't waste my time doing that again because you don't seem willing to learn.
As to the audit, please stop trolling Block. Why would I give my api to someone with a history of deceitful behaviour and an obvious grudge against me? Oh, and someone who has spent his career trying to avoid audits by claiming that audits are of no use?
I'm not trolling about the audit. How about you give me your API key to audit you?
It's a very simple question; yes or no will do.
|

RAW23
460
|
Posted - 2013.11.09 14:00:00 -
[73] - Quote
Block Ukx wrote:RAW23 wrote:I didn't like your comments because they didn't make sense. You have serious problems with logic and language that make it extremely frustrating to communicate with you. Unfortunately, my frustration at dealing with irrational statements got the better of me last night and I made the mistake of trying to point out the errors in your thinking to you. I won't waste my time doing that again because you don't seem willing to learn.
As to the audit, please stop trolling Block. Why would I give my api to someone with a history of deceitful behaviour and an obvious grudge against me? Oh, and someone who has spent his career trying to avoid audits by claiming that audits are of no use? I'm not trolling about the audit. How about you give me your API key to audit you? It's a very simple question; yes or no will do.
Of course I won't. You have a documented history of public deception, you have deliberately misrepresented me in this thread, and you are not a very rationally competent individual. I have no idea why you would even begin to think that I would allow you to carry out an audit. It's a ridiculous request and can only be classified as trolling. |

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.09 14:16:00 -
[74] - Quote
RAW23 wrote:Block Ukx wrote:
I'm not trolling about the audit. How about you give me your API key to audit you?
It's a very simple question; yes or no will do.
Of course I won't. You have a documented history of public deception, you have deliberately misrepresented me in this thread, and you are not a very rationally competent individual. I have no idea why you would even begin to think that I would allow you to carry out an audit. It's a ridiculous request and can only be classified as trolling.
So I ask a question and now I'm trolling. I knew you would come up with some excuses not to give me your API key. I suppose it's ok to audit anyone but you.
|

Varius Xeral
Galactic Trade Syndicate
1638
|
Posted - 2013.11.09 14:23:00 -
[75] - Quote
This thread just went from painful has-been circlejerkery to poo-flinging awesomesauce.
Subscribed. |

RAW23
460
|
Posted - 2013.11.09 14:26:00 -
[76] - Quote
Block Ukx wrote:RAW23 wrote:Block Ukx wrote:
I'm not trolling about the audit. How about you give me your API key to audit you?
It's a very simple question; yes or no will do.
Of course I won't. You have a documented history of public deception, you have deliberately misrepresented me in this thread, and you are not a very rationally competent individual. I have no idea why you would even begin to think that I would allow you to carry out an audit. It's a ridiculous request and can only be classified as trolling. So I ask a question and now I'm trolling. I knew you would come up with some excuses not to give me your API key. I suppose it's ok to audit anyone but you. Strawman Block. The fact that I won't let you audit me doesn't mean I won't allow an audit. But you know that. You commented on the last audit I had done.
If you want to pay for me to be audited and can find someone trustworthy with a solid history of carrying out audits I am more than happy to go ahead with one. Again. Like my previous two audits. |

Block Ukx
Forge Laboratories
159
|
Posted - 2013.11.09 14:51:00 -
[77] - Quote
I have done audits before and I can do the audit myself. And, I won't charge you a penny.
Contrary to what you keep posting about me, I have been respectful to you. You on the other hand keep calling me names in an attempt to silence me; a very typical bully behavior.
I'll see you on your next bond, Block Ukx
http://www.bsacse.amxg4.com
|

RAW23
460
|
Posted - 2013.11.09 15:01:00 -
[78] - Quote
Block Ukx wrote:I have done audits before and I can do the audit myself. And, I won't charge you a penny.
Contrary to what you keep posting about me, I have been respectful to you. You on the other hand keep calling me names in an attempt to silence me; a very typical bully behavior.
I'll see you on your next bond, Block Ukx
Block -you have a history of lying and your deceptiveness has been clear in this thread. You are not competent to carry out an audit, in large part because you are not publicly trusted. You have made it plain that you don't really want me to be audited or you would have accepted my offer. As I said, you are welcome to pay for me to be audited if you are interested - that won't cost me a penny either.
As to being respectful to me, that again is a lie. You have repeatedly implied that I am a liar, you have deliberately attempted to misrepresent my words, and, generally, you have made a bit of a fool of yourself. Your withdrawal from the thread when I respond positively to your request that I get an audit kind of puts the seal on this.
Quote: I'll see you on your next bond,
I know. Because I hurt your feelings two years ago by asking you to get an audit (something you agreed to do and then reneged on) you will haunt me for ever. Something something revenge something something fear my wrath etc etc. It is rather pitiful. |

Vaerah Vahrokha
Vahrokh Consulting
4487
|
Posted - 2013.11.09 15:03:00 -
[79] - Quote
RAW23 wrote: If you want to pay for me to be audited and can find someone trustworthy with a solid history of carrying out audits I am more than happy to go ahead with one. Again. Like my previous two audits.
If you want I can performance audit you (for free). As I said above I can't believably deliver a "full" audit because I am emotionally involved but performance data parses are quite objective and could still hold some value.
This assuming you took a "relaxed" stance towards trading, ATM I can't spend 2-3 hours a day just gathering your data like I used to do once, I can max run the software once a day, better every 2-3 days. |

Nanatoa
434
|
Posted - 2013.11.09 15:04:00 -
[80] - Quote
Hasn't Block refused audits on his business in the past? What is he on about here? |

flakeys
Antwerpse Kerels Fidelas Constans
1604
|
Posted - 2013.11.09 15:13:00 -
[81] - Quote
Nanatoa wrote:Hasn't Block refused audits on his business in the past? What is he on about here?
A hurt ego can last a lifetime it seems ... |

RAW23
462
|
Posted - 2013.11.09 15:42:00 -
[82] - Quote
Vaerah Vahrokha wrote:RAW23 wrote: If you want to pay for me to be audited and can find someone trustworthy with a solid history of carrying out audits I am more than happy to go ahead with one. Again. Like my previous two audits.
If you want I can performance audit you (for free). As I said above I can't believably deliver a "full" audit because I am emotionally involved but performance data parses are quite objective and could still hold some value. This assuming you took a "relaxed" stance towards trading, ATM I can't spend 2-3 hours a day just gathering your data like I used to do once, I can max run the software once a day, better every 2-3 days.
Thanks for the offer VV but I have always been against auditors working for free. If Block wants proof that I can earn 10bil a month then he can pay the market rate for that data. I would be surprised if anyone else doubts I can hit the target I am aiming at. After all, I was earning 2.7bil a week a month after I started playing the game, as my very first audit showed. |

Vaerah Vahrokha
Vahrokh Consulting
4489
|
Posted - 2013.11.09 16:38:00 -
[83] - Quote
RAW23 wrote:Thanks for the offer VV but I have always been against auditors working for free. If Block wants proof that I can earn 10bil a month then he can pay the market rate for that data. I would be surprised if anyone else doubts I can hit the target I am aiming at. After all, I was earning 2.7bil a week a month after I started playing the game, as my very first audit showed.
No problem, just willing to smooth attritions here 
One thing I want to add is this.
I started station trading in May 2009. Before that date I have NEVER traded a single item, just mined veldspar as the rookie chat ISDs kept saying newbies to do. My trading skills were about at zero, both as character and as player.
I started station trading with 50M (all the story is written and spread around in the old forums) I earned with such mining.
I copy pasted the very simple method (also posted on the old forums) consisting of typing " II" in the search box and trading what had a turnover of > 500 items a day.
In June 2009 I stopped station trading, got bored with it. I had 1.2B in my wallet.
That is, an incompetent player with low skils and null capital could make 1.150B in one month.
Now, why do I find "POSSIBLE" for a super experienced player with loads of capital to make 5B a day? 
50M => 1.2B is possible but 30B => 150B is impossible? Even considering the "glass ceiling" effect? |

TomHorn
Join The Dark Side Join The Empire
114
|
Posted - 2013.11.10 01:25:00 -
[84] - Quote
I must say i support Block Ukx been around longtime, always been honest and reasonable i believe.
Same old faces same old elites. They recommend there own non collaterized bonds and those of their friends with very low interest rates. When you try to do the same, be treated the same no you cant do that Tom. You dont deserve a low interest rate non collaterized bond you have to pay 10, 13 15 per cent. Even though you proven to them that you are trustworthy with evidence, that you have handled alot of isk not stolen it.
I remember the guys who lent me isk im grateful, i did the first ever gambling bond with poker, and MarchRabbit lent me isk for the non collaterized bond i ran at very low interest rate(3%), but only what other elites were also getting at the time. Elites they did there best to put people off from lending me the isk. Just want to be given fair shake, treated the same as others.
Im glad you guys never gave me any isk , i wouldnt take it now if you tried to force it on me. I did things my way the hardway because guys like you dont like guys like me, want to be treated fair just like everyone else. You never got any interest out of Tommy.
I made my isk i dont generally hang here no more. Hopefully ill never have to come here again asking for isk. Made me laugh to see the old elites still spouting out the same old bull.
30billion isk non collaterized Bond 5% not one person says it to low. Oh it ones of your palls its the old boys network. If it was you trying this , even if you had proof of being trustworthy the indigantion of these people here would be unbelievable. Absolute uproar. Kinda ironic that you wont let Block audit you after all the hassle you gave him. He asks the same of you and you refuse. |

Daniel Plain
Science and Trade Institute Caldari State
1535
|
Posted - 2013.11.10 01:39:00 -
[85] - Quote
and you are...? |

Vaerah Vahrokha
Vahrokh Consulting
4490
|
Posted - 2013.11.10 01:53:00 -
[86] - Quote
TomHorn wrote: 30billion isk non collaterized Bond 5% not one person says it to low. Oh it ones of your palls its the old boys network. If it was you trying this , even if you had proof of being trustworthy the indigantion of these people here would be unbelievable. Absolute uproar. Kinda ironic that you wont let Block audit you after all the hassle you gave him. He asks the same of you and you refuse.
I don't know where you purchased all that amount of butthurt, but you are talking about people who stopped playing 2 years ago.
5% is low? Does not seem so, otherwise RAW23 would not get his bond filled, didn't he?
Do you truly believe that those loaning ISK to RAW23 are all fools who just give up to 10-15% interest rates? Because of sweet hearts? Or is it because they KNOW that RAW23 cost-of-risk is so low that people WILL rush and fill him leaving them out?
Look the same days what happened when a "too low" argument has risen: 1.5% for collateralized loans has been commented as too low and the Investee had to up the reward or not fill it. |

RAW23
462
|
Posted - 2013.11.10 03:35:00 -
[87] - Quote
TomHorn wrote:I must say i support Block Ukx been around longtime, always been honest and reasonable i believe.
Same old faces same old elites. They recommend there own non collaterized bonds and those of their friends with very low interest rates. When you try to do the same, be treated the same no you cant do that Tom. You dont deserve a low interest rate non collaterized bond you have to pay 10, 13 15 per cent. Even though you proven to them that you are trustworthy with evidence, that you have handled alot of isk not stolen it.
I remember the guys who lent me isk im grateful, i did the first ever gambling bond with poker, and MarchRabbit lent me isk for the non collaterized bond i ran at very low interest rate(3%), but only what other elites were also getting at the time. Elites they did there best to put people off from lending me the isk. Just want to be given fair shake, treated the same as others.
Im glad you guys never gave me any isk , i wouldnt take it now if you tried to force it on me. I did things my way the hardway because guys like you dont like guys like me, want to be treated fair just like everyone else. You never got any interest out of Tommy.
I made my isk i dont generally hang here no more. Hopefully ill never have to come here again asking for isk. Made me laugh to see the old elites still spouting out the same old bull.
.
This is kind of sad Tom. The level of inaccuracy in this post is bewildering. You talk about 'the same old faces' and 'the same old elites' and whinge about being given a hard time in your own bond offering. Yet your offering was two years before I started playing and I know that almost everyone who invested in this bond was also not around at that time. In fact, many of the people who posted in this thread were highly critical of the old elite system that you suffered under and contributed significantly to getting rid of it. These are not the people you are thinking about.
Quote:30billion isk non collaterized Bond 5% not one person says it to low. Oh it ones of your palls its the old boys network. If it was you trying this , even if you had proof of being trustworthy the indigantion of these people here would be unbelievable.
The reason that nobody has said the rate is too low is because it is, in fact, generously high. I could have filled this bond several times over at 2-3% because that is the market rate for my debt. I capped the individual quotas so that more people could get in on this. The last bond I offered a few months ago was 20bil at 2.5% and it filled in about 12 minutes. I'm pretty sure the same would have happened with this one if I had structured it to allow a single investor. Instead, I wanted to offer a higher rate to a larger number of people, a) because I wanted to let a variety of people get a piece of the action, b) because the plan could afford it and I like being able to pay out decent returns, and c) because the bond market is a bit stagnant at the moment and I would like to help provide it with some momentum. The idea that the rate is too low is pure rubbish. I have been consistently borrowing on MD for four years now with no complaints from my creditors and this bond is considerably smaller and pays out a considerably higher rate than most of what I have offered in the past three years. I raised 40bil at 6% when my character was 6 months old. People mail and convo me in game offering large sums at lower rates on a fairly regular basis because I have built up a reputation for reliability and because I keep my borrowing at reasonable levels. It is hardly odd that people don't ask for higher rates now on a relatively smal amount.
Quote:Kinda ironic that you wont let Block audit you after all the hassle you gave him. He asks the same of you and you refuse.
It's not ironic at all. I never asked Block to let me audit him. Instead I offered to pay for a neutral third party to carry out an audit on his business. He refused. Well, he agreed and then he didn't do it. Given that Block has been dishonest in his dealings with me, why on earth would I let him audit me? I have actually offered the same deal that I put to him - he pays and a third party does the audit. Again, he refused. He refused because he didn't really want an audit, he just wanted to cause trouble as a form of revenge because I asked for some transparency from his business back in January 2011 (a long time to hold a petty grudge).
You whine about elites and old boys networks but what was your response when Block wanted an investment but wouldn't have an audit?
Quote: I dont think we need to worry about Block Ukx he has shown himself to be a stand up guy.
This is great chance for people looking for passive income from ivestments where 90 percent of the profits go to the investors.
Being offered by one of the Greats of MD in my opinion.
and
Quote: Block Ukx has been around along time and has shown himself to be a man of integrity and honesty.
He's been running a big business now for along time, paying his investors on time and without any problems.
Now there could be somethings Block doesnt want to disclose not because he is hiding anything, but just because it may potentially harm his business to do so. If thats the case youve just got to except that and move on.
I said it yesterday and ill say it today this an A+++ investment opertunity, from someone who has proven himself to be so over many years.
Block Ukx dont need no audit, thats a fact
http://oldforums.eveonline.com/?a=topic&threadID=1445225
You are not a credible critic of old boys networks. Notice that none of the 'elites' who posted here have said anything near as fawning about this bond. That is because they have a pretty good grasp of what constitutes reasonable scrutiny. |

Molic Blackbird
Orion Faction Industries Orion Consortium
106
|
Posted - 2013.11.10 04:37:00 -
[88] - Quote
RAW23 wrote: It's not ironic at all. I never asked Block to let me audit him. Instead I offered to pay for a neutral third party to carry out an audit on his business. He refused. Well, he agreed and then he didn't do it. Given that Block has been dishonest in his dealings with me, why on earth would I let him audit me? I have actually offered the same deal that I put to him - he pays and a third party does the audit. Again, he refused. He refused because he didn't really want an audit, he just wanted to cause trouble as a form of revenge because I asked for some transparency from his business back in January 2011 (a long time to hold a petty grudge).
I found Block's comments to be fairly reasonable. Block never resorted to ad hominem attacks. You started the name calling and insults against Block fairly quick. Who is the one with the grudge?
I don't know if Block has a grudge against you or not. Even if he did, it doesn't make his comments less valid. For someone that clearly has an ability to make vast amounts of ISK, asking for a mere 30b does seem strange. I also was surprised that for someone of your ability, you only had 400b ISK to give away.
RAW23 wrote:You have a documented history of public deception, you have deliberately misrepresented me in this thread, and you are not a very rationally competent individual.
Could you provide proof of his public history of deception that you claim exists?
|

Amarr Citizen 155
Nordar Innovations.
23
|
Posted - 2013.11.10 04:43:00 -
[89] - Quote
Wait, TomHorn tried to get investors to fund his poker playing, what a stupid idea.... |

RAW23
462
|
Posted - 2013.11.10 05:52:00 -
[90] - Quote
Molic Blackbird wrote:
For someone that clearly has an ability to make vast amounts of ISK, asking for a mere 30b does seem strange.
You seem to be afflicted with the same difficulty in grasping temporal sequences as Block. The ability to make the isk requires first having the 30bil. There is nothing 'strange' about first getting the capital and then making the isk. It is precisely the same order of events that was necessary for Block's own offerings. First you raise the isk, then you put the business plan into action. Unless you both share a time machine I fail to see how you can fail to grasp this simple point. If a plan requires capital that you do not possess, the fact that the plan can make isk in the future does not remove the need for possession of the start-up isk in the present.
Quote: I also was surprised that for someone of your ability, you only had 400b ISK to give away.
The thing is, being able to make 100 billion a month is not the same thing as wanting to make 100 billion a month. I have been able to make these kinds of returns for a long time. The problem is that doing so is both boring and time-consuming while at the same time I have no real need for that kind of income. Why, then, would I waste my time not enjoying myself in order to make huge piles of cash? Just because I can? Isk is not the be all and end all for me. When I first started playing my ambition was to become a trillionaire. Once I had completed the challenge of working out how to do that I found that I had no desire at all to actually do the boring, repetitive and unchallenging work of amassing pointless amounts of isk. So I stopped. The only strange thing here is that neither you nor Block seem able to grasp the point I have repeatedly made that there is a huge difference between potential earnings and the actual earnings that I choose to pursue. You too could have these earnings, by the way. I'm happy to sell you a business plan according to which you could earn 100 billion a month by grinding isk for 6-8 hours a day. Would it be 'strange' if you didn't want to do that?
Quote:RAW23 wrote:You have a documented history of public deception, you have deliberately misrepresented me in this thread, and you are not a very rationally competent individual. Could you provide proof of his public history of deception that you claim exists?
I will give three examples:
1) In this thread Block has made claims on my behalf and when I have denied that I have made such claims he has deliberately misquoted my words, editing them in order to try to make them look as if they support his claims while the portions he removed explicitly denied what he was saying (https://forums.eveonline.com/default.aspx?g=posts&m=3848515#post3848515). That is outright dishonest and the intention was clearly deceptive. Incidentally, it was only at that point in the thread that I started doing what you call 'making ad hominem attacks' and what I would call 'offering accurate assessments of his character and reliability'.
2) One example from Block's public business dealings. He stated a) that his board of directors had developed a plan that would be discussed but would not proceed unless it received approval from the shareholders; b) he announced that the shareholders had approved the plan; c) when I asked him if the directors controlled sufficient shares to make the vote a foregone conclusion he didn't say yes but instead said I could see who the shareholders were by examining the public roster; d) on examination of the roster it appeared as if the directors did not have a controlling interest; e) but a lucky bit of searchfu turned up the fact that the shareholder with 60% of the shares was in fact an alt of one of the directors; f) only at which point did he admit that the shareholder vote could never have departed from the decisions of the directors. (http://oldforums.eveonline.com/?a=topic&threadID=1445225&page=9#241)
At best, this was an intellectually dishonest response to the question. At worst it was a deliberate attempt to deceive, since the clear implication of all that had gone before was that the decision of the shareholders was something independent from the suggestion of the plan by the directors. His answers to that particular question were on a par with his deceitful attempts to evade scrutiny throughout the rest of that thread.
3) Then, of course, there was the audit that he was going to get to confirm that BSAC's holdings were sufficient to cover their public exposure. Despite a lot of song and dance and various stages of evasion, it never turned up. His behaviour over that particular matter was riddled with dishonesty. |

Sarton Wells
Blackmoon Ltd.
17
|
Posted - 2013.11.10 07:49:00 -
[91] - Quote
TBH I don't understand why this debate is still continuing. If someone asks for a loan and people trust him with their money the loan will be filled. If they don't it won't be filled. How said person gains the loaners' trust is up to them. Whether they're IRL friends or have long history, or whatever...why would that matter?
So Block asking for some kind of proof for RAW's ability to make a certain income is absolutely ridiculous. Not only is he not interested in lending money but that particular loan (or bond or whatever) has already been filled. Which makes it obvious that this is simply an attack on RAW's reputation for whatever reason.
In the end if RAW fails to honor his deal it would be known and he'll lose his reputation that he built for years. I very much doubt that he'd do it for some measly 30 bil. |

Molic Blackbird
Orion Faction Industries Orion Consortium
106
|
Posted - 2013.11.10 08:11:00 -
[92] - Quote
RAW23 wrote: You seem to be afflicted with the same difficulty in grasping temporal sequences as Block. The ability to make the isk requires first having the 30bil. There is nothing 'strange' about first getting the capital and then making the isk. It is precisely the same order of events that was necessary for Block's own offerings. First you raise the isk, then you put the business plan into action. Unless you both share a time machine I fail to see how you can fail to grasp this simple point. If a plan requires capital that you do not possess, the fact that the plan can make isk in the future does not remove the need for possession of the start-up isk in the present.
Makes sense, you need ISK to make ISK. Completely understandable. I guess I had a hard time understanding that was the point you were trying to make earlier.
Quote: The thing is, being able to make 100 billion a month is not the same thing as wanting to make 100 billion a month. I have been able to make these kinds of returns for a long time. The problem is that doing so is both boring and time-consuming while at the same time I have no real need for that kind of income. Why, then, would I waste my time not enjoying myself in order to make huge piles of cash? Just because I can? Isk is not the be all and end all for me. When I first started playing my ambition was to become a trillionaire. Once I had completed the challenge of working out how to do that I found that I had no desire at all to actually do the boring, repetitive and unchallenging work of amassing pointless amounts of isk. So I stopped. The only strange thing here is that neither you nor Block seem able to grasp the point I have repeatedly made that there is a huge difference between potential earnings and the actual earnings that I choose to pursue. You too could have these earnings, by the way. I'm happy to sell you a business plan according to which you could earn 100 billion a month by grinding isk for 6-8 hours a day. Would it be 'strange' if you didn't want to do that?
Again, understandable that you got bored with the process of making large sums of ISK. I do take exception to you claim that I fail to see the difference between potential earnings and actual earnings. I never made such a statement.
I'm well aware of business plans that make 100 billion a month. Many of which don't require grinding for 6-8 hours a day. But again, it takes ISK to make that kind of ISK without grinding.
Quote:
I will give three examples:
1) In this thread Block has made claims on my behalf and when I have denied that I have made such claims he has deliberately misquoted my words, editing them in order to try to make them look as if they support his claims while the portions he removed explicitly denied what he was saying (https://forums.eveonline.com/default.aspx?g=posts&m=3848515#post3848515). That is outright dishonest and the intention was clearly deceptive. Incidentally, it was only at that point in the thread that I started doing what you call 'making ad hominem attacks' and what I would call 'offering accurate assessments of his character and reliability'.
Stating you currently make 100b a month was factually incorrect. That one Block either mis-spoke or was not understanding the situation. I don't think he was intentionally trying to mislead.
Quote: 2) One example from Block's public business dealings. He stated a) that his board of directors had developed a plan that would be discussed but would not proceed unless it received approval from the shareholders; b) he announced that the shareholders had approved the plan; c) when I asked him if the directors controlled sufficient shares to make the vote a foregone conclusion he didn't say yes but instead said I could see who the shareholders were by examining the public roster; d) on examination of the roster it appeared as if the directors did not have a controlling interest; e) but a lucky bit of searchfu turned up the fact that the shareholder with 60% of the shares was in fact an alt of one of the directors; f) only at which point did he admit that the shareholder vote could never have departed from the decisions of the directors. (http://oldforums.eveonline.com/?a=topic&threadID=1445225&page=9#241)
At best, this was an intellectually dishonest response to the question. At worst it was a deliberate attempt to deceive, since the clear implication of all that had gone before was that the decision of the shareholders was something independent from the suggestion of the plan by the directors. His answers to that particular question were on a par with his deceitful attempts to evade scrutiny throughout the rest of that thread.
His answer was "The BOD has a significantly large stake in CSF" Significantly large would imply over 50%. In that case it would be you not understanding what Block was meaning. Block's statement was vague enough that I can see how confusion could occur.
Quote: 3) Then, of course, there was the audit that he was going to get to confirm that BSAC's holdings were sufficient to cover their public exposure. Despite a lot of song and dance and various stages of evasion, it never turned up. His behaviour over that particular matter was riddled with dishonesty.
I remember that well. I know the reason behind why he was reluctant to give a full audit to a third party. I'm not sure if can publicly state the reason or not. His reason was completely valid and had nothing to do with anything being a scam.
|

flakeys
Antwerpse Kerels Fidelas Constans
1607
|
Posted - 2013.11.10 08:25:00 -
[93] - Quote
Beats me , though it is funny how he calls everyone here MD elite appart from block.Block is the only person left from the old MD club in this thread ... 
|

flakeys
Antwerpse Kerels Fidelas Constans
1607
|
Posted - 2013.11.10 08:44:00 -
[94] - Quote
Amarr Citizen 155 wrote:Wait, TomHorn tried to get investors to fund his poker playing, what a stupid idea....
Yeah like , who could ever get a gambling bond/loan off the ground .... hold on Ac wasn't me loaning isk for your first bond going to ...
nevermind carry on ...  |

Varius Xeral
Galactic Trade Syndicate
1639
|
Posted - 2013.11.10 09:48:00 -
[95] - Quote
Does bond to "revitalize" the "loan industry".
Revitalizes the ludicrous rep-war poo-flinging that is the ultimate result of the "loan industry".
You can't make this **** up.
That said, I can once again read MD and subsequently feel vastly intellectually superior to its denizens, which means I don't need to go to GD for my daily ego boost.
Edit: referring to the other "side" in this argument with the last comment. RAW has represented himself with his customary aplomb. |

Nanatoa
436
|
Posted - 2013.11.10 10:53:00 -
[96] - Quote
TomHorn wrote:30billion isk non collaterized Bond 5% not one person says it to low. That's because it isn't too low. Why don't you mention that fully collaterized bond by a very respectable player where people did say "not gonna give you money for the interest rate you're offering"? Because that wouldn't fit your narrative, right? Just like all the reference to the "Elites" and "old boys network" from a time when none here were posting on this forum, except for... ehm... you and Block. Oops, let's ignore that fact and complain anyway. |

Rhivre
TarNec Invisible Exchequer
527
|
Posted - 2013.11.10 11:58:00 -
[97] - Quote
Holy crap...this is one of the most pants on head threads in MD since the "We are in your API stealing your market dataz" thread.
To sum up: RAWs bond is filled...RAW did something in Blocks cornflakes a few years back, Block is still annoyed, shouts a lot at RAW. TomHorn also had someone a few years back do nasty things in his cornflakes and is still angry. ITT people throw around "MD Elite" and "Old Boys Network" as if they know what it means while missing the fact that none of those people are in this thread (Kinda like yelling at Obama about stuff Nixon did).
Now, is RAW going to leg it with his 30b? Maybe, maybe not, but, I am fairly sure every single person investing in RAWs bond knows of the "Don't invest what you cannot afford to lose". I doubt that Block or TomHorn think RAW is going to leg it with 30b, they just have chips from(almost) last decade on their shoulders which they have not gotten rid of yet, and their comments have 0 to do with their assessment of the validity of RAWs bond, and 100% to do with personal grudges and disagreements (most of which do not seem to have anything to do with RAW). |

Varius Xeral
Galactic Trade Syndicate
1640
|
Posted - 2013.11.10 12:16:00 -
[98] - Quote
Yeah, the buttdiscomfort over perceived internet spaceships finance reputation slights is pretty sad, especially considering the time-frames involved.
That said, this thread is a great reminder why this odd and arcane cultural practice is better left in its current moldering state instead of being revived as some sort of zombie to wreak havoc on this poor subforum again. |

Uppsy Daisy
Perkone Caldari State
559
|
Posted - 2013.11.10 12:20:00 -
[99] - Quote
Visited thread on page one.
Went to get a log for the fire.
. . . WTF happened?!? |

RAW23
463
|
Posted - 2013.11.10 14:49:00 -
[100] - Quote
Uppsy Daisy wrote:Visited thread on page one.
Went to get a log for the fire.
. . . WTF happened?!?
Someone got back first with gas instead  |

Uppsy Daisy
Perkone Caldari State
561
|
Posted - 2013.11.10 17:51:00 -
[101] - Quote
Well I guess for one moment I hoped that eve had a soft underbelly that i just hadn't seen before.
It can't all be deception lies and theivery.
Show me the love trust and hope! |

RAW23
467
|
Posted - 2013.11.10 18:32:00 -
[102] - Quote
Uppsy Daisy wrote:Well I guess for one moment I hoped that eve had a soft underbelly that i just hadn't seen before.
It can't all be deception lies and theivery.
Show me the love trust and hope!
If a drunk tramp stands outside a wedding, ranting and raving before being led off by the police, does that make the sentiments of love expressed inside any less beautiful?  |

Careby
Careby Exploration
76
|
Posted - 2013.11.10 19:06:00 -
[103] - Quote
RAW23 wrote:If a drunk tramp stands outside a wedding, ranting and raving before being led off by the police, does that make the sentiments of love expressed inside any less beautiful?  Why must people keep bringing up that unfortunate period of my life? I know my behavior was unseemly, particularly since I was the groom. But it was a long time ago.
|

Uppsy Daisy
Perkone Caldari State
561
|
Posted - 2013.11.10 19:41:00 -
[104] - Quote
RAW23 wrote:Uppsy Daisy wrote:Well I guess for one moment I hoped that eve had a soft underbelly that i just hadn't seen before.
It can't all be deception lies and theivery.
Show me the love trust and hope! If a drunk tramp stands outside a wedding, ranting and raving before being led off by the police, does that make the sentiments of love expressed inside any less beautiful? 
Be nice. |

Danwek Cilec
Darwin's Folly
0
|
Posted - 2013.11.14 02:28:00 -
[105] - Quote
Don't know what Block was finding 'odd'.
It makes sense to offer a return on a bond that the OP can be certain to earn, in addition to his other income goals. It's also not unusual to have good returns in station trading in a short time using lots of capital.
What is unusual is trying to extrapolate one or two good days of trading to a monthly income number. This can be awfully risky.
The OP has decided not to start with a small amount of capital and build it up to 30bil. Instead, he's using other people's money to play in the markets, fund his PvP, and then pay people back with interest.
I don't think there's anything odd about that at all.
|

RAW23
523
|
Posted - 2013.11.22 15:49:00 -
[106] - Quote
Quick progress report.
I ran the plan for five active days just after receiving the investments and made c. 5bil for 1-2 hours of trading a day in that time. Average income per hour is somewhere between 600 and 800mil an hour (can't be more precise than this as I didn't log the exact number of minutes I spent trading each day). After hitting half my monthly target I wound down the operation and it has been idle for the last 10 days or so. I'm just ramping up a second burst and suspect that this will be the pattern I follow indefinitely: one five day burst in each two week period with a bit extra if I want some extra isk. All told, the plan is operating just as I hoped and is actually a little more profitable than these figures suggest as I lost c. 500mil on a small trial manipulation attempt and hanging on to some goods that dropped in value after the five day burst. Lessons learnt: don't try to manipulate a market where there is more supply than demand and clear my sell orders before idling the operation. Total volume of transactions in the five day period was just under half a trillion isk, with 250 billion flipped. Average return per traded item, then, was c. 2%.
Edit - Actually, total transaction value was closer to 450bil. I just remembered that I bought a bunch of PLEX for VV as well, which explains why my buys were 37bil above my sells. There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Vaerah Vahrokha
Vahrokh Consulting
4723
|
Posted - 2013.11.23 22:02:00 -
[107] - Quote
RAW23 wrote:Quick progress report.
I ran the plan for five active days just after receiving the investments and made c. 5bil for 1-2 hours of trading a day in that time. Average income per hour is somewhere between 600 and 800mil an hour (can't be more precise than this as I didn't log the exact number of minutes I spent trading each day).
Mate you have so much patience, if I had to trade 1-2 hours a day I'd lose my sanity! Assuming I have one to begin with, of course. 
RAW23 wrote:I lost c. 500mil on a small trial manipulation attempt and hanging on to some goods that dropped in value after the five day burst. Lessons learnt: don't try to manipulate a market where there is more supply than demand 
The trend is your friend. Even in EvE. Even when you manipulate. 
Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel |

Rykker Bow
138
|
Posted - 2013.11.24 02:27:00 -
[108] - Quote
RAW23 wrote: I ran the plan for five active days just after receiving the investments and made c. 5bil for 1-2 hours of trading a day in that time. Average income per hour is somewhere between 600 and 800mil an hour (can't be more precise than this as I didn't log the exact number of minutes I spent trading each day).
Very nice numbers RAW. Quite impressive! I do believe you've found your zen between the spreads 
|

RAW23
536
|
Posted - 2013.11.24 09:07:00 -
[109] - Quote
Vaerah Vahrokha wrote:Mate you have so much patience, if I had to trade 1-2 hours a day I'd lose my sanity! Assuming I have one to begin with, of course. 
 It's not too bad as I just drop in for a few 20 minute sessions. Or at least that's what I did on the last cycle. This weekend I did a bit more grinding. Set up the buy orders on Friday afternoon and just hit c. 5bil profit a few minutes ago (4.5bil realised and another 500mil when the current sell orders go). That was a bit more eye-watering as I put in about 7 hours of keyboard time over the last 40 hours but I've worked out that if I session it late at night when I'm a little drunk it doesn't hurt as much.
Now I can go off and do fun things for the next two weeks with everything covered!
RAW23 wrote:The trend is your friend. Even in EvE. Even when you manipulate. 
Aye, very true. My mistake was trying a manipulation with only 2 days exposure to that market so I didn't really have a handle on supply and demand and ended up making a mistaken assumption about the equilibrium between buy and sell. I think in the future I'll just take the path of least resistance and follow the market as I can make more than enough without trying to push things around.
Rykker Bow wrote:Very nice numbers RAW. Quite impressive! I do believe you've found your zen between the spreads  I have got into a nice little zone with it now. The spread leads me where it will so long as I don't try to push it around. There is something rather taoist about following the path  There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

RAW23
542
|
Posted - 2013.11.25 05:07:00 -
[110] - Quote
For transparency, an overview of my figures can be found here:
http://192.40.57.168/war/EVE-Profit/statistics/ There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Nedly Stark
Caldari Provisions Caldari State
2
|
Posted - 2013.11.25 07:45:00 -
[111] - Quote
Roideater... Nice.. |

Orikei Otsada
Krannon of Sherwood Carthage Empires
0
|
Posted - 2013.11.25 08:09:00 -
[112] - Quote
Following this thread has been fun, well not to add to much more trouble for RAW, I realized you dropped some clues to your trading behaviors throughout the thread. As a fun game I thought I would go through them and try to guess what you're doing. As the potential to make 4-5b a day off of 30b capital was very enticing, even if that might be far from the realistic profit.
I pretty much made notes in notepad and reread the thread, some of the bigger clues came from your 15d report. From that I got (assuming accuracy):
2% margin per item (calculated as 5/225?) 3x turnover (90b) per day on your 5 day trading binge 1-2hr/d; 20m sessions; 3-6 sessions/d; 0.5-1x turnover per session (high efficiency trading or possibly more time overall, or more sessions <20m, or under reporting time) the wording surrounding your buy/sell order structure, and terminology of "cycle' and "burst", incidence of 7hrs played in 40hr
Specifically, the wording makes it seem like you're favoring a demand heavy market. It's easier to sell and get turnovers that way and any unproductive buy orders are easier to fairly liquidate and excess stock. "...when current sell orders go" makes it seem like selling is more passive. "set up buy orders on Fri" makes it sound like a more active process, possibly due to more time spent updating these instead of sell orders, or maybe time spent researching which items to put buy orders on.
Citing Rykker as having encyclopedic knowledge and a search of his posts states he favors ~100 orders, implicates the possibility of trading plan that entails a purview of a large basket of items while actively trading in a portion. Further citation of exiting an item market support this.
The high turnover is a puzzling aspect, which leaves open the possibility that you and Rykker have some ingenious trading methodology that outside the scope of what my current experiences allow me to imagine. That is a possibility, but I feel more inclined to believe your "20m sessions" is more of your top length and you have many smaller 5min sessions. This would be consistent with a scheme where you set up buy orders across many more items than you expect them to fill until you exhaust a good portion of capital, then go into easy sell mode, where you can have many sessions of 5-20m throughout the day. In such a case maybe you average that "burst" of time in setting up and filling buy orders (yes i'm trying to connect dots where there might not be) with a normal update schedule.
Either that or you are grossly under reporting time spent updating to reach that 0.5-1x turnover per 20m session assuming you don't update individual orders multiple times in that session. Effectively a turnover of 3x a day with 2% margin per item traded means a 1.8b profit per day (9b/5d), which is inconsistent with the self reported 5.5b profit (omitting manipulation loss). So that 2% is most likely a misnomer, and you meant 2% ROI (assuming i know how to define ROI correctly). So within that calculation either your profit, total flipped, or time reported is misrepresented. Your reputation based on posts in this thread lead me to believe you'd be less likely to misrepresent the isk figures and more likely the time figures (which you admit wasn't properly documented). Unless my math is wrong which has happened before, (I don't mean to pick at you, it's just that I've gotten this far already.)
Or I'm just trading wrong, and need more clues to get that kind of turnover.
Some consistencies/inconsistencies with my heavy demand/buy order activity theory:
Recent activity of 18b sell orders -little more than 17b can be in escrow with MT5 at ~24% escrow = 70.833b in buy orders -actually that might be consistent
1b profit on d1, 2b in first 2days, 5b/5d; 1-2hr/d, 5-10hr/5d; 20m sessions; 450b turnover -reasonable with 30b capital and good research, except turnover per reported time and session frequency -I can only imagine items with high velocity as achieving that turnover, but the items I've come across are ultra competitive and very volatile --this could be the case, I don't have much experience with playing these ultra competitive markets with that update frequency (at least not successfully)
If I were starting out or trying to help someone starting out, I would try to suggest a plan like this. It scales well with activity, provides a quick exit, has relatively low risk and requires minimal analysis. But at the cost of not having the best margins, or having the best isk/time(effort) ratio.
Alternative theories: 1)Large Cap/Trader Ratio items (i.e., undercompetititve markets) This would be a research heavy scheme, could potentially fit the turnover profile and other values. But would probably require more challenge and require more time for an unproven trader. Especially since it requires a good read on the market from the orders/history tab.
2)Daily Swing Cycle This fits the short activity period, but not even close to the turnover rate.
I'm sure I'm missing something here, it's gotten late and I can't be bothered to check my logic for the gaping holes in it. But I wrote too much, this is all speculation, I thought you or maybe others might enjoy my attempt at deductive reasoning no matter how far off it might be. Or maybe I accidentaly, traders secrets. |

RAW23
542
|
Posted - 2013.11.25 09:22:00 -
[113] - Quote
Nedly Stark wrote:Roideater... Nice..
Yeah - it's a horrible name but it came with the character when I bought her. I assume whoever started the character had asteroids in mind and didn't think things through properly. But, then again, this is eve ...
[Orkei] Some analysis  [/quote]
That's a fun exercise! I'm not sure I follow everything you are saying but some of it is spot on (e.g. following Rykker's pattern I use a basket of 100 items).
I think your problem with my figures might come down to this:
Quote: Either that or you are grossly under reporting time spent updating to reach that 0.5-1x turnover per 20m session assuming you don't update individual orders multiple times in that session. Effectively a turnover of 3x a day with 2% margin per item traded means a 1.8b profit per day (9b/5d), which is inconsistent with the self reported 5.5b profit (omitting manipulation loss).
You seem to have turned my total volume of trades into turnover here when the amount turned over is actually half of the total volume. The total volume of trade includes each item twice - once as a purchase and the second time as a sale. The c.2% margin (I think closer to 2.2 actually) is thus on half that volume, which leads to the inconsistency between your expected figure and the actual figure.
There is nothing particularly special about the plan I am following except that the items have been picked well and have decent profits and volumes. It is worth noting that having a decent profit does not necessarily mean that any given item has a particularly good margin though. There are a mix of small margins and big margins on high value and relatively low value goods - the aim is to make some quantity of profit from each item traded rather than some margin on each item. For example, some of the items might cost a billion and only sell for 25mil more than the buy. After taxes and broker fees that would only give a c. 10 or 11 mil profit on a sale, or a 1% margin. But if I can turn over two of those in a day that's 20 mil profit on that item. On the other hand, another item might cost 50mil and sell for 56mil, giving a a 5mil post tax profit. I would need to sell four of those a day to get 20mil for that slot and it might require more effort than the other item, despite having a much better margin.
I also wouldn't put too much weight on the language of 'bursts' or 'cycles' as all I'm referring to here are the periods of active trading. To give a bit more detail about what I'm doing, when I start a period of trading I will set up my 100 or so buy orders with a total buy value of something in the region of 50-60bil. When I come back an hour later perhaps 15-20 of my orders will have picked up something (not necessarily filling the whole order). I'll put the purchases up on sale and comb through the buy orders again, updating them all and replacing any that filled the whole order. This process takes about 15-20 minutes. An hour or two later I'll come back again and do the same, also combing through any remaining sell orders at this point (the sells move faster than the buys typically in the short periods but when left overnight buys outstrip the sells). The amount of success on each cycle is partly determined by the time of day. At peak playing periods less will happen if I just leave the orders as there is more competition but, conversely, if I focus more cycles into a shorter period of time I'll get more hits in this period because there is also more volume being transacted. Quite a lot of the volume happens overnight. It is not unusual to wake up and find that my last update the previous day picked up 15bil or so of goods.
At the end of a 'burst' or 'cycle' I'll cancel most of the remaining buy orders and just focus on the sells, updating twice as often and maybe dumping some slow moving stock back into other people's buy orders. Once most of it is gone I'm more or less done with trading for the next ten days and will just casually update any remaining sells and watch them move quite slowly. Having studied the market for each item a bit more now I've done my second cycle I have a better idea of what price levels it is safe to hold which items at. Last time round I made a few mistakes on this and saw some of the held items devalue because I had held them at the top of their price cycle. I now know better what those cycles are and will just dump excess stock to sells before going idle if the items are at the top of their cycles. If they are at the bottom, on the other hand, I might even lift the sell orders a bit, not update them, and wait for the natural swing to eat them up in the time before my next burst. This time, for instance, I made an effort to buy up quite a bit of excess stock that was at the bottom of its cycle and listed it at an appropriate sell price, so when I say I am waiting for the sells to clear I'm just waiting for the market to take care of them naturally.
The key to the whole thing, really, is not so much finding the most profitable items or the items with the best margins but rather the items that fit with the trading pattern I am using. That is where Rykker's knowledge came in because he has been trading on a similar pattern on and off for years and he knows which items are worth looking at. Volume is important and so are margins but you don't actually ant anything with too good a margin because that will bring the vultures in and the excessive competition will likely crowd out anyone who is not updating frequently. On the other hand, having a few highly competitive items on the list means that good profits can be made any time I choose to have a longer session at the keyboard by focusing on a smaller basket for the most part while the rest of the items do their own thing on their longer update intervals.
Let me know if you still have any queries or stillthink that something doesn't add up.
There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Rykker Bow
138
|
Posted - 2013.11.25 13:54:00 -
[114] - Quote
Orikei Otsada wrote: Analysis
That's quite an impressive piece of analytic comment Orikei Otsada. Some of your comments, from my perspective only and is not commentary into RAW's operation, is quite close to the mark. Other areas are, understandably due to the limited information pool, is a bit off. I'll leave it to you to figure out which is which and the thought that the key to the golden city may lie within 
RAW23 wrote: The key to the whole thing, really, is not so much finding the most profitable items or the items with the best margins but rather the items that fit with the trading pattern I am using. That is where Rykker's knowledge came in because he has been trading on a similar pattern on and off for years and he knows which items are worth looking at. Volume is important and so are margins but you don't actually want anything with too good a margin because that will bring the vultures in and the excessive competition will likely crowd out anyone who is not updating frequently. On the other hand, having a few highly competitive items on the list means that good profits can be made any time I choose to have a longer session at the keyboard by focusing on a smaller basket for the most part while the rest of the items do their own thing on their longer update intervals.
A very informative piece of information here. While there are a multitude of tactics and strategies for each situation, identifying and controlling the margins through artificial means when needed and creating the trends (or being able to spot the trends to be at the front) while avoiding being at the tail end of them is a big part of my operating agenda.
Keep up the good work, I'm watching closely. I'll leave with a couple of thoughts on what I use in my security measures and bear in mind this is not in any way representative of RAW's operations . Misinformation...while I never intentionally misrepresent the facts, I do however allow others to extrapolate erroneously without correction on my part. Secondly, I love the old MD adage: never trust another traders advice. |

Orikei Otsada
Krannon of Sherwood Carthage Empires
0
|
Posted - 2013.11.25 17:08:00 -
[115] - Quote
Rykker Bow wrote: "More Clues"
I think I spent most of my brain last night, but let me try to continue.
I think I must've overlooked RAW's comment [didn't realize RAW23 replied before you, I respond to him after] because that highly suggests a much more diversified portfolio (regarding item trading characteristics). I think what threw me off is I read the term "strategy" and "plan", and jumped to the conclusion that it would be a more singular approach without precluding the possibility of some minor diversification. Also that a singular approach would be more suited to an unproven trader, for learning; but I forget this is about profits.
My lack of really playing the market shows here, I've been playing on and off for the past year and maybe have looked over 1/8-1/5th of the total market items. I like to constantly try new strategies, always seeking to maximize that isk/time(effort) ratio. But my preference is in high value/low velocity or mid velocity items, as it's easier to compete on a slower schedule. Plus since they're smaller I can practice control and manipulation with at my market cap level.
My guess would be that the strategy is more general (nothing too eccentric), and might actually be that more research heavy theory I proposed. I'll have to give it more thought, usually insight is slow, and I'm sure there's more gems of clues that you dropped in that response that I'm not seeing at the moment.
But even if you give me misinformation, as long as the logic is sound then I can make sense of it. If I can make sense of it, then even if it's not exactly what you do I can use it to improve my game/become more creative and have fun. So as long as you keep talking and explain with logic, I'll either get close to figuring out what you are doing or devise something far off that has the potential to approach the results you list. |

Orikei Otsada
Krannon of Sherwood Carthage Empires
0
|
Posted - 2013.11.25 17:09:00 -
[116] - Quote
RAW23 wrote: "More Clues"
"my 2% miscalculation on turnover instead of flipped" Ohh, I knew I overlooked something. Yes, thanks, that makes it 0.99b a day. Which is consistent, with your reports.
"talk about margins and high velocity items" That does make more sense now that I've slept. I work on the opposite end low velocity/higher margins less competitive market, so my lack of experience in that area does show a bit. So it's 2.22% profit on cap flipped which was 225. 45b was flipped per day, with a starting cap of 30b, this is 1.5x flipped per day (of initial working cap).
Which means your average margin per item is 1.48%, that is as an item passes through both buy and sell order. This leads me to think you're working on very thin margins, with everything those market profiles entail. Makes me wonder what your aimed margin is, if you have one, and how often you take losses or if you're just on the ball or have tapped the market enough for that to be minimal or perhaps non existent. Each case which introduces losses would indicate a higher target margin.
I can only think of markets like ships or minerals/industry mats as having the kind of profile you talk about. Probably not ships, because they don't quite have the velocity/volatility and the margins usually are a bit higher, or maybe only a small part of the portfolio.
(sorry at this point, I'm just writing my thoughts out, instead of parsing through them before making a post)(also reading partway through as I write)
But let's say I take your word of 100 orders at face value, and split it evenly into 50 items 1 buy/sell order each. With 30b that's 300m in each order or 600m avg per item. [This thought progression is going to be overly generalized, most likely half wrong in the assumptions if makes.] With 1.5x flipped per day that becomes 0.25-0.5x flipped per session. So per 20m session until the next one (7.5b-15b moves through both buy and sell order). Or using 0.5-1.0x turnover, 15-30b is filled in total orders. But back to the 600m avg, which I'm sticking with since with high velocity items you could have movement on all of them withing a 20m session (making it a decent representative figure). 20m sessions at 1-2hrs a day means, 3-6 intervals in a day. So that means every 4.8-8hrs, you fill on average 300m-600m in orders per item. Now to guess the market cap of these items, there will be variations in trading activity throughout the day and the placement of your sessions throughout the day will also influence your market share. But let's assume you have between 0.5%-10% market share on your items.
Going with 90b movement per day (450/5d), per 50 items, that's on avg 1.8b movement per item. (Or 300m*6session, 600m*3sessions). If 0.5% market share, the total market is 360b/day; for 10%, 18b; for 50%, 3.6b. I am not going to comb through the browser to figure out which market caps match each range, and I'm going to assume minerals/indy goods should have some, maybe some other markets that I'm not familiar with.
But with 1.8b movement that's, 900m flipped, with 2.22% on that is 19.98m profit per item/day. If I were to disregard the market profiling, there are many items that can easily achieve this. Some extremely low velocity/high cap/high margin items can achieve this, so maybe there's a few in there to balance out the portfolio.
"interpretation of language "bursts" "cycles" " I'll admit that portion was a very big stretch, I was just interested in how you might interpret my interpretation, or if there is subconscious meaning behind it. This leads me to believe that you have a more static basket of items you trade it compared to what I originally thought.
But, ummm, my brain is stumbling now. I'm more inclined to think you have some diversification, but at the very least I know the items your trading have high achievable turnover. Whether that be from being a small fish in a pond, or the only guy on the corner, and what market mix it is, is up in the air.
I still need to make sense of:
the quantification of filling 12b overnight
the confirmation that sells are more active corresponding with your acitivty (maybe correlate your timezone and correspond that to trading activity crests?)
the fact that you noticed buy orders fill more over night (effect of tz? effect of session placement? decreased competition? further clues to order size composition of market and the possible item pool)
I'm sure I'm missing more that I can nit pick on, maybe read into your word selection more, but I like working with these numbers more, it's easier to identify which assumptions make up the foundation or are tangential in my analysis.
At the very least, in a few weeks, once I generate enough free isk, I might have to try some new strategies. |

RAW23
543
|
Posted - 2013.11.25 17:51:00 -
[117] - Quote
A quick correction before I hit the sack - the c. 100 orders are just the buy orders. I was going to write more but with my head a bit fuzzy I decided to delete it as it might be giving away too many clues and depriving you of the fun of working things out 
Two other quick points - I wouldn't dwell too much on the fact that I'm a newbie station trader learning the ropes. This is true in the sense that a) I have never done dedicated single station trading as the only element of a business before, and b) in the sense that I certainly don't have the feel for it yet that Rykker has. However, i) Rykker's standard is a pretty high bar and ii) I do have LOTS of experience with the markets from other perspectives, having started off as an inter-regional trader and having produced almost all classes of items in the game in a way that involved getting the raw mats on buys and selling the finished products on sells (not to mention long term market speculation and analysis). This particular format is new but I am pretty familiar with the underlying principles and with's EvE's markets in general, so don't assume too gentle a learning curve.
Secondly, with 100 different items in play at any given time t would be a mistake to focus too much on the particular items. Quantity has a quality all of its own and a decent proportion of the profits (perhaps even as much as half on some rare days) comes from exploiting the dynamism of the markets and the fact that across a basket of a hundred items a good number will be being manipulated by other people at any given time. Some manipulations open up the spreads and can be taken advantage of while others close down the spreads and more or less lock up a given item for a day, a week, or longer, so it is vital to respond to these changes in the correct way. In my first burst I was blundering around a bit on this front but now that I have found my footing I'm realising how important these are, although they can still be difficult to judge. On Saturday, for instance, about a third of my profit came from a single item that someone else was manipulating. By contrast, another item that had the same sort of manipulation going on ended up providing no benefit to me because excessive competition effectively froze me out. Knowing in advance which ones are going to be worth committing time and effort to and which are not is probably the thing that is highest on my learning agenda at the moment. However, while my current approach is the taoist approach of going where the market leads the ultimate goal is to do the kind of things Rykker alludes to in his post and guiding the path of the markets to my advantage. But as my failed manipulation attempt taught me you need to know the behaviour of any given item intimately if you want to work with it and not against it.
Quick points ... right 
On your analyses,I will say that some of your deductions are sound and others are a bit off the mark. I'm not going to tell you which are which though, partly because this exchange is a lot of fun and partly because you think out loud  There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Bad Bobby
Bring Me Sunshine In Tea We Trust
279
|
Posted - 2013.11.25 18:05:00 -
[118] - Quote
I've probably already said it, but...
Welcome back RAW, I've missed you, please don't leave us again. |

RAW23
545
|
Posted - 2013.11.25 18:30:00 -
[119] - Quote
Bad Bobby wrote:I've probably already said it, but...
Welcome back RAW, I've missed you, please don't leave us again.
GÖÑ GÖÑ GÖÑ Thief of my heart GÖÑ GÖÑ GÖÑ There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Orikei Otsada
Krannon of Sherwood Carthage Empires
3
|
Posted - 2013.11.25 22:02:00 -
[120] - Quote
RAW23 wrote: "above post"
I didn't mean to imply you were inexperienced, it was just my first assumption since I hadn't really read much background. I recognize you have a better feel than most, especially after talking with you.
Defining 100 order as buy orders really helps put it in perspective, and at least to me, makes your results more than tangible.
In whole I get more of a sense that your strategy isn't nearly as defined as I had hoped, not that that's bad. It just means its less likely to enable a new paradigm shift in my thinking, and it's more like you simply play the market in the way that will yield the best results depending on the current trading state the item is in. But it has given me a greater scope on the possibilities, which maybe does mean its shifted my perspective. Or to rephrase, the strategy is simply to maximize profits using whatever means necessary. And in this case profit is constrained by time(effort) and the limitations you had set.
I'll definitely have to try some new markets after this though. And I do enjoy quick points in the form of long paragraphs, no sarcasm there, it helps.
Oh I wouldn't try to get you to say more, this is already enough for me to work with. Saying any more specifically might not really even help much more, as I would have to work the specifics in a way that fits my playstyle.
But ya, my approach when trying to figure something out is to explore all possibilities then narrow it down, I'll have to go back over it later to glean the gems. In the cases where I don't have much background to further my line of thought, I make up the background info just to see where it takes me, so it's very understandable that a bit would be off. It's generally surprising what turns out to be closer to reality though. The end result is a nice map that branches at each information point into multiple possibilities, and correction/definition of an upstream point easily changes, adds, or eliminates the downstream points. But of course it ends up looking like a web when I try to explain it.
At any rate, its been fun, I might be able to go on longer, but I think the additional trouble wouldn't change much on what I'd like to try next, and might go on too long. I like to think I've only been starting to really explore the markets, so it's always nice when traders with a different perspective or more experience are willing to share a bit on how they think.
So thanks for playing along RAW and thank you too Rykker. |

Taram Caldar
Royal Black Watch Highlanders Northern Associates.
27
|
Posted - 2013.11.27 20:41:00 -
[121] - Quote
Block Ukx wrote: Odd, strange, unusual, weird, pick your word.
It is strange for anyone who makes 120-150 B ISK a month come here and ask for 30 B ISK. You claim you gave all your ISK away, which again is unusual. Most people I know keep a bit of ISK in case they want to come back.
I think you too will find it strange.
One would suggest you check into the background of the person asking for the Bond before spouting off.
BTW RAW :) Shame on you for not emailing me. Back on the 5th I'd have happily jumped in on this bond.
PS:
Quote:Kinda ironic that you wont let Block audit you after all the hassle you gave him. He asks the same of you and you refuse.
I found that line hilarious.... especially since RAW specifically told him he was welcome to pay for a 3rd party audit if he wanted one.
Sorry for the late reply.... I don't visit the forums as much as I used to.
"No bastard ever won a war by dying for his country.-á He won it by making the other poor dumb bastard die for his country." |

RAW23
563
|
Posted - 2013.11.28 09:28:00 -
[122] - Quote
Taram Caldar wrote:
BTW RAW :) Shame on you for not emailing me. Back on the 5th I'd have happily jumped in on this bond.
Hey Taram! Good to see you!
I did think about mailing you but I worried it would be an imposition since you had been steering clear of the forums these past many months. I felt like I was coercing you a bit last time I mentioned it but since I seem to have read that wrong I'll guarantee you a spot on the next one It will be great to have my very first investor back! There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Taram Caldar
Royal Black Watch Highlanders Northern Associates.
27
|
Posted - 2013.11.30 13:44:00 -
[123] - Quote
RAW23 wrote:Taram Caldar wrote:
BTW RAW :) Shame on you for not emailing me. Back on the 5th I'd have happily jumped in on this bond.
Hey Taram! Good to see you! I did think about mailing you but I worried it would be an imposition since you had been steering clear of the forums these past many months. I felt like I was coercing you a bit last time I mentioned it but since I seem to have read that wrong I'll guarantee you a spot on the next one  It will be great to have my very first investor back!
LOL nope... no imposition at all. I like putting idle isk to work :)
"No bastard ever won a war by dying for his country.-á He won it by making the other poor dumb bastard die for his country." |

RAW23
568
|
Posted - 2013.12.01 18:57:00 -
[124] - Quote
First batch of interest has been paid out.
Profit this month was c. 12bil from two short bursts of trading. From this I plexed my three accounts for 2 months (3.6bil) made some donations to PLEX for Good (3.6bil), paid the bond interest (1.75bil), put a little bit into a fund for a long term project with a friend (2bil) and have a little sitting in my wallet (c. 1bil). There have also been some ship losses and other minor bits and pieces but these were covered by some FW mission running.
All in all, the approach to the markets I'm following is doing exactly what I want it to do - covering my costs and giving me a little pocket money for not much effort! There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Rykker Bow
140
|
Posted - 2013.12.02 03:17:00 -
[125] - Quote
RAW23 wrote:First batch of interest has been paid out.
Profit this month was c. 12bil from two short bursts of trading.
Confirming interest received, thanks!
Very impressive numbers from only a couple of short bursts of trading.  |

Blueprint Seller
The Blueprint Shop
111
|
Posted - 2013.12.02 08:27:00 -
[126] - Quote
RAW23 wrote:First batch of interest has been paid out. Confirmed.
|

RAW23
578
|
Posted - 2013.12.07 01:46:00 -
[127] - Quote
Due to a surprising spike in my buy orders just before I was planning to hit the sack I'm tapping VV for a 10bil overnight loan. This takes me 5bil over what I said I would raise in this thread. I hope my current investors don't mind. It is very temporary (24 hours tops) and I promise not to do it again. I just couldn't bear the idea of a) not updating before bed, and b) having a load of orders die because there is not enough in escrow. There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Vaerah Vahrokha
Vahrokh Consulting
4768
|
Posted - 2013.12.07 01:47:00 -
[128] - Quote
RAW23 wrote:Due to a surprising spike in my buy orders just before I was planning to hit the sack I'm tapping VV for a 10bil overnight loan. This takes me 5bil over what I said I would raise in this thread. I hope my current investors don't mind. It is very temporary (24 hours tops) and I promise not to do it again. I just couldn't bear the idea of a) not updating before bed, and b) having a load of orders die because there is not enough in escrow.
ISK sent. Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel |

Vaerah Vahrokha
Vahrokh Consulting
4771
|
Posted - 2013.12.08 01:01:00 -
[129] - Quote
Isk got returned back as per in game arrangement. Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel |

Number18
Republic Military School Minmatar Republic
0
|
Posted - 2013.12.08 13:28:00 -
[130] - Quote
How can I believe inverest to u is right and insure I can get money back? By Likes received: 579 ?
I bought and sold more than 50 PLEX by my 0.19%brokerfee alt from JTIA ,but still not find out how u did as u said. sir |

RAW23
579
|
Posted - 2013.12.08 16:21:00 -
[131] - Quote
Number18 wrote:How can I believe inverest to u is right and insure I can get money back? By Likes received: 579 ?
I bought and sold more than 50 PLEX by my 0.19%brokerfee alt from JTIA ,but still not find out how u did as u said. sir
I ... I'm not quite sure what you're saying. There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

flakeys
Antwerpse Kerels Fidelas Constans
1634
|
Posted - 2013.12.08 17:08:00 -
[132] - Quote
RAW23 wrote:Number18 wrote:How can I believe inverest to u is right and insure I can get money back? By Likes received: 579 ?
I bought and sold more than 50 PLEX by my 0.19%brokerfee alt from JTIA ,but still not find out how u did as u said. sir I ... I'm not quite sure what you're saying.
No worries mate , i think most of us don't quite follow 
I think he is asking how he can be sure if he invests in you that you give him his isk back.Hence why he asks about your number of likes wich he prob thinks means a person is tHrustworthy.
But then the plex thingy ... i dunno .
We are all born ignorant, but one must work hard to remain stupid.
|

Joan Greywind
No Swag Initiative
205
|
Posted - 2013.12.09 09:14:00 -
[133] - Quote
would like to reserve 5b on any additions or new loans if that is possible. |

RAW23
580
|
Posted - 2013.12.09 15:49:00 -
[134] - Quote
Joan Greywind wrote:would like to reserve 5b on any additions or new loans if that is possible.
Hi Joan!
Thanks for your interest. I'm currently in the process of deciding what to do when this bond finishes. Since the current arrangement is working out very well for me I will certainly be looking to carry on with something similar. I'm afraid I cannot accept reservations at this point but I'll let you know what's going on in advance of posting the next bond. There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

RAW23
662
|
Posted - 2014.01.03 09:16:00 -
[135] - Quote
Looking to extend this bond for an extra two weeks as per the mail sent to investors. Please post here if you are interested in rolling your investments over until the 19th of January.
Happy New Year! There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Blueprint Seller
The Blueprint Shop
158
|
Posted - 2014.01.03 09:32:00 -
[136] - Quote
RAW23 wrote:Please post here if you are interested in rolling your investments over until the 19th of January. Absolutely.
|

Rykker Bow
140
|
Posted - 2014.01.03 13:11:00 -
[137] - Quote
No problem here, feel free to continue  |

Careby
Careby Exploration
169
|
Posted - 2014.01.03 15:13:00 -
[138] - Quote
I have a new project that will take as much capital as I can scrape together. If someone else wants to take my spot (5b) in this bond on January 5, I will gladly step aside. Otherwise I can wait until the 19th.
Sarcasm is OP |

Blueprint Seller
The Blueprint Shop
158
|
Posted - 2014.01.03 15:40:00 -
[139] - Quote
Careby wrote:If someone else wants to take my spot (5b) in this bond on January 5, I will gladly step aside. I'd be happy to.
|

RAW23
662
|
Posted - 2014.01.04 11:44:00 -
[140] - Quote
Careby - I have returned your capital plus interest today. Thanks for the investment!
Everyone has contacted me to let me know they want to stay in for the next two weeks, for which they have my thanks.
@Blueprint Seller - Careby's spot is yours, so please send the isk at your convenience. There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Blueprint Seller
The Blueprint Shop
158
|
Posted - 2014.01.04 11:49:00 -
[141] - Quote
Interest received.
Additional 5B sent. |

Careby
Careby Exploration
169
|
Posted - 2014.01.04 11:51:00 -
[142] - Quote
RAW23 wrote:Careby - I have returned your capital plus interest today. Thanks for the investment! Received. Thank you, sir.
Sarcasm is OP |

Kithran
87
|
Posted - 2014.01.04 12:16:00 -
[143] - Quote
Confirm interest received and damn you Blueprint Seller - you beat me to it for the other 5 bil :(
|

RAW23
662
|
Posted - 2014.01.04 13:19:00 -
[144] - Quote
Kithran wrote:Confirm interest received and damn you Blueprint Seller - you beat me to it for the other 5 bil :(
Well, I could always use an extra 5bil for the two weeks, so feel free to send it over if you like. It would make the total interest for the two weeks a nice round billion 
@Blueprint Seller - Received. Thank you!
There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

RAW23
663
|
Posted - 2014.01.14 03:17:00 -
[145] - Quote
All isk plus interest has been returned.
This has been an interesting period of trading, to say the least. I started on Saturday afternoon last week and more or less finished last night, so the period of activity was about 8.5 days. I still have a bunch of stuff slowly selling itself off, which will probably take a few days, but I won't be doing much active updating now.
The total profit for this period, once the remaining goods are sold, will be c. 28.15 billion.
I'm fairly happy with the end result but there have been some ups and downs, including a few very difficult days.
Saturday to Tuesday were very frustrating. When I had been casually pulsing the trade plan for three to four days every two weeks I was pleased with the results as I was hitting a billion or more a day for under two hours keyboard time. Given the results Rykker had previously achieved with the plan I was expecting to be able to hit something like 4bil a day now that I had the time to grind for a bit. However, after my first session of something like 10 hours I had only cleared around 2.3bil, so I wasn't very happy. The grind had been very hard but my isk per hour had dropped from 700mil plus right down to just over 200mil. I decided that I must be doing something wrong, so I tried a few innovations, such as focussing on the most profitable part of the basket, spending most of my time on 20 or so items and much less on the rest. Still no improvement, in fact things got a bit worse, and I was starting to feel burnt out after only two days.
I spent a lot of time trying to work out where I was going wrong. Up to this point I wasn't doing much in the way of controlling the markets, just going with the flow, so I decided that the missing link must be more active market manipulation. Well, that didn't work either and between my attempts at that route, for which funds were a bit too slim anyhow, and my focus on a small part of the basket, I was starting to get overloaded with stock of a few item types leaving me without the funds to trade properly in other areas.
Despondent, I decided to give myself a break and play Crusader Kings 2 to wind down for a bit. I was at the stage where I just couldn't face any more market updates and when I logged back in the next day I decided to just carry on a little light trade and turn to some industry instead. At least that was something I understood, while the trading was really getting the better of me. So day four was spent doing some quick market research for an indy project based on some stuff I had done in the past and just a little trading. I reckoned I could add a bil or two a day with the industrial stuff and maybe, if I could face more active trading again, push my daily total over 4bil that way.
Industrial goods started pouring forth on day five, with the healthy margins putting a smile back on my face. I kept up the light trading but decided to double my industrial output for day six (Thursday/Friday). That again looked good, so I doubled again for the weekend and when it looked like the whole weekend's worth would be finished by the end of Saturday, I put another batch in (half the size of the one I had thought would take me all the way through).
I was feeling much better by this point and my NAV calcs were telling me I would move over the 20bil profit line by the end of the weekend, so with a spring in my step I decided to have one last bash at trading (Sunday being the last day I had allocated to myself for grinding), This time I decided to avoid all my little innovations and stick rigorously to the plan Rykker had sketched. I really hammered the markets for an hour in the early afternoon, trying to make as many trades as possible. Checking my progress I found I was 600mil up! Going back for another session I got the same result.
A red mist descended as I realised the mistakes I had been making. It all came to me in a flash that the problem was not the goods I was trading (as I had rather ungraciously suggested to Rykker at my lowest point) but the general approach I was taking. Carefully considered approaches went out of the window, the classical music in the background was turned to hard rock, and caution was thrown to the wind. I started rampaging across the market segments like a barbarian horde, slashing and stabbing updates into the keyboard whilst grinning like a loon at the imagined dismay of my competitors. It may have been my imagination but it seemed as if things went a bit quiet in my markets as other people stopped trading, presumably waiting for things to ease up a bit. With the blood-lust running through my veins, I kept at it, watching the profits add up hour after hour. I had never really understood before the slight savagery that came over Rykker when he talked about the markets, assuming it was just a jokey way of presenting things. Now I got it. This was real market PvP, with each order filled a kill and each kill a loss for someone else. I got called away a few times and each time wondered if I would be able to get back into the same flow but there wasn't a problem. When midnight came and I did my final profit check, trading profits for the day were at just over 4.7 billion, not counting the further 2bil or so of industrial profits that day. I had carried out half a trillion isk of transactions, flipping 250 billion isk of goods.
Anyone who has spoken to me in the trade channels over the last week will have heard me whinging about how much I was hating trading and how I wanted a long break from it. That changed yesterday. Not only was it profitable but it also became, for the first time ever, fun! It will be another five or six weeks until I can do any more trading but I am positively salivating at the prospect.
Thanks to all the investors who have let me use their isk over the last ten weeks. I will have a new bond offering up some time in the second half of February and you guys will all have first refusal. There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Varius Xeral
Galactic Trade Syndicate
2131
|
Posted - 2014.01.14 03:45:00 -
[146] - Quote
The exercise of power. Official Representative of The Nullsec Zealot Cabal |

Rykker Bow
140
|
Posted - 2014.01.14 04:02:00 -
[147] - Quote
RAW23 wrote:All isk plus interest has been returned.
I had never really understood before the slight savagery that came over Rykker when he talked about the markets, assuming it was just a jokey way of presenting things. Now I got it.
ISK received and thanks! Some good profits there and looks like you hit Zen! It truly is a fight and with the right system in place it's like bringing an A-bomb to a knife fight. . 
Glad I could help my friend. |

Kithran
87
|
Posted - 2014.01.14 17:34:00 -
[148] - Quote
Confirming capital and interest received :) |
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