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Kogame Tomika
Gallente
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Posted - 2006.11.10 02:13:00 -
[61]
Yeah, this guy is still at it, in his various alts. I personally got a kick out of how he bought some of my +1s at 280,000 sold them back to me at 140,000 and then presumed to tell me that I didn't know what I was doing. I was trying to be nice, and explain that the idea of buy low sell high was pretty easy, when he filled all my buy orders! Nice of him I thought.
When I reposted them for sale, he then proceeds to call me a noob and once again explains that I don't know what I am doing. Wasn't going to get into it any more with such an idiot.
 Quote:
Our lives begin to end the day we become silent about things that matter.
Martin Luther King Jr.
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Shell Salopa
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Posted - 2006.11.10 05:55:00 -
[62]
Edited by: Shell Salopa on 10/11/2006 05:57:27
Edited by: Shell Salopa on 10/11/2006 05:56:28
Edit: fixed the quote tag 
Originally by: Motivated Prophet
Frankly, I'd really like for someone to break the guy, but I just don't have the finances (okay, fine, I DO, but my shareholders would NOT be amused.
As a shareholder in your corp. Assuming you could even make a tiny proffit out of it. I would be highly ammused 
Though obviously I would prefer you follow the inital buisiness plan you placed as I feel it has alot of potential. But back on track to this +1 implant guy, maybe he does have a bil worth of +1 implants. But one must wonder at this rate, just how much money he's actually LOST obtaining that many, especially give the fact that so many people seem to now be buying from him and reselling to him at a proffit. Enough people, evne with limited resources coudl quite likely just about bankrupt the guy if he's really that persistant.
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Kesslan Osefice
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Posted - 2006.11.10 06:04:00 -
[63]
*sigh* god I that, the above is my alt. (wish the **** thign woudlnt go first)
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Acroporidae
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Posted - 2006.11.10 07:41:00 -
[64]
It seems I've run into this same guy. I'm a new player, didn't even know about EVE until month ago. When I started playing I was thinking that the economy model looks interesting and planned to mainly play a trading character. A couple of weeks later I was a bit shocked when this player started spamming my mailbox with insults :)
Ah well, I think I'll just configure the eve-mail cost to 100K and continue trading :)
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Motivated Prophet
Zerodot Schools
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Posted - 2006.11.10 09:14:00 -
[65]
You can set your default character with which to post. Click "settings" in the left-hand nav bar while viewing the forums.
And just to clarify: he had a approximately billion isk in each +1 implant. Picture
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Tostitos
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Posted - 2006.11.10 09:35:00 -
[66]
Wow, just wow. I have 5mil, can I get into this? 
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Kesslan Osefice
Panther's Paw Industries Ltd
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Posted - 2006.11.10 10:18:00 -
[67]
Originally by: Motivated Prophet
You can set your default character with which to post. Click "settings" in the left-hand nav bar while viewing the forums.
And just to clarify: he had a approximately billion isk in each +1 implant. Picture
Hey! Thanks :D
ANd to be on topic. Wow.. thats alot of implants. But still, even with that many, his operating procedures leave something to be desired in the long run. If I had the time I might well have hoped onto the band wagon myself.
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Kogame Tomika
Gallente
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Posted - 2006.11.10 13:08:00 -
[68]
I don't ordinarily engage in forum smaktalk, but I have to wonder how this chap amassed such a vast collection of implants while remaining viable as a merchant. He bought some +1 implants off of me (total profit to me about 1/2 million) then sold them back to me, and then rebought them from me at an even higher profit margin (about 3/4 million this time).
Now I'll be the first to admit that I don't understand all the nuances of "advanced" trading, but you gotta wonder who much ISK this guy is buying off e-bay to pay for his behaviour.
Quote:
Our lives begin to end the day we become silent about things that matter.
Martin Luther King Jr.
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Kazuo Ishiguro
Caldari
School of Applied Knowledge
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Posted - 2006.11.10 15:02:00 -
[69]
Originally by: Tami Auryn
lol very amusing :D
Who would ever want to make money in +1 who uses +1's ? :)
Might as well go for +2's.
Seconded.
The margins where my alt is are considerably better right now. 
----------
Racer in the ISGC Frigate League |
Kogame Tomika
Gallente
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Posted - 2006.11.10 16:41:00 -
[70]
Edited by: Kogame Tomika on 10/11/2006 16:42:29
Well, when you're just starting out, a 60-80% return is decent, with only small startup funds. A few lucky trades and you can even get 100% returns on investment. Granted, that's usually only a 100K per unit, but when you are playing with small wallets, that seems bigger. I still have my fingers in them, though most of my trades are now in ship components (just like everyone else :) )
You can make decent ISK at it. My second week my wallet went from 5 million to 50 million just buying and selling these things. Not bad to start out.
Quote:
Our lives begin to end the day we become silent about things that matter.
Martin Luther King Jr.
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Father Weebles
Wreckless Abandon
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Posted - 2006.11.13 06:45:00 -
[71]
the smacktalking trader from hell? 
"Welcome to EVE, where inflation is out of control." |
KuranesGrey
Oberon Incorporated
Prime Orbital Systems
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Posted - 2006.12.01 17:38:00 -
[72]
I've been too busy the past few months to get involved in small empire market trades. So I was glad to come back to this thread and see other people are amused by the dynamics.
Interesting that he claims to own 1B worth of +1 implants. That's a lot of sunk cost. It must have been very painful for him a few months ago when the price of implants fell so drastically after they became more common as mission rewards.
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Motivated Prophet
Zerodot Schools
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Posted - 2006.12.01 20:32:00 -
[73]
Indeed. He has claimed in another thread that he's worth a total of around 20 billion, across all of his accounts.
He eventually flooded my buy orders when he got tired of them sitting there, mocking him, I suppose. No complaints from me. :-D
MP
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Taliac
Caldari
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Posted - 2006.12.10 11:13:00 -
[74]
He's the worst trader i've ever seen
He's selling me implants for 400k and buying them back for 580k 
And what some already said, he's calling me a noob, idiot and more of that.
I deleted most mails that he send without even reading them, because it was all a bit the same.
I will annoy him a bit more, i'm not in it for the profit so i will do this for a few months, if i'm not getting bored with it.
Oh, and another alt he uses is Morpheouse.
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Schmeckel
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Posted - 2006.12.25 23:51:00 -
[75]
A couple of weeks ago I was trading in implatns and this guy 'paper pusher' started berating me and accusing me of ripping him off. He continued to verbally assault me vie email until I stopped trading just to get away from him.
After hearing that he is a serial assaulter I think I will start trading in them again.
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Cptn Z
Minmatar
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Posted - 2006.12.26 17:39:00 -
[76]
Originally by: Schmeckel
He continued to verbally assault me vie email until I stopped trading just to get away from him.
Just block him, he's sick.
---
Regards, Z |
Tao Rhekdai
Gallente
Merch Industrial
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Posted - 2007.01.02 11:50:00 -
[77]
Heh, he and his alts are still up to it.
However, as he's flooding my buy orders, he seems content to send me rather pleasant mails asking if I'm buying them to sell in 0.0 space and offering to make a supplier deal. Actually, he's sent me the same identical email from several alts. Haven't gotten badmouthed by him, though I suspect thats only a temporary thing.
To anyone out there interested: there definitely still is opportunity for cash to be made here, particularly since he enjoys clearing buys. I dont mind doing a little bit of legwork to pick them up 
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Shakuul
Caldari
The Imperial Commonwealth
The Sundering
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Posted - 2007.01.04 01:21:00 -
[78]
memory implants are down to a 386k/585k bid/ask spread. This doesn't seem like much. Even with the whole market in one region you're making like 5mil a day.
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Marlenus
Caldari
Ironfleet Towing And Salvage
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Posted - 2007.01.09 15:23:00 -
[79]
Amusing follow up on Paper Pusher.
For months he was in NPC corp and flying a Badger. Today I spot him on a Jita gate in a raven. He's in a new corp for six days. Corp name is "The Elite Collective" and the description is:
This is a Corp formed becuase I found myself being Richer or Smarter than Any Corp that tried to recruit me. Any others would "Demand" I provide some "Service"
This Corp is for the "Elite" Player.
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Rufless
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Posted - 2007.01.09 16:19:00 -
[80]
I'm not one of those people who will regale you with tales of profit made at the expense of this strange fellow. But it really seems like this thread is made up of alts.
There are a dozen people here telling the reader that a guy who is trying to corner a market is using smacktalk to scare folks away and also giving every comer profits.
As a new player, am I supposed to believe that someone who is giving profits to all comers is in fact trying to scare them out of the market?
How is that supposed to work?
He makes a loss and everyone else makes a profit and this is his way of keeping people out of the market? I would have guessed the opposite to be true or at least he causes the new comer to lose as well.
What would make sense to me is this:
He wants the market so he drives prices to the point where he loses money AND the newcomer loses money. With his bigger bank account he can outlast the new comer and scare him away.
But if the newcomer makes decent profits, why would they run away?
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Motivated Prophet
Zerodot Schools
Power Corrupts Industry's
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Posted - 2007.01.09 18:31:00 -
[81]
Originally by: Rufless
I'm not one of those people who will regale you with tales of profit made at the expense of this strange fellow. But it really seems like this thread is made up of alts.
There are a dozen people here telling the reader that a guy who is trying to corner a market is using smacktalk to scare folks away and also giving every comer profits.
As a new player, am I supposed to believe that someone who is giving profits to all comers is in fact trying to scare them out of the market?
How is that supposed to work?
He makes a loss and everyone else makes a profit and this is his way of keeping people out of the market? I would have guessed the opposite to be true or at least he causes the new comer to lose as well.
What would make sense to me is this:
He wants the market so he drives prices to the point where he loses money AND the newcomer loses money. With his bigger bank account he can outlast the new comer and scare him away.
But if the newcomer makes decent profits, why would they run away?
Keep in mind he trades across multiple regions.
Yes, he will flood buy and sell orders to increase his spread, but by expanding his margin on an implants by 50k per implant, he's able to lose a portion of the value of a few dozen or a few hundred implants in order to increase his margin on the few hundred or few THOUSAND he'll buy and sell before someone places another order he'll have to flood.
He also capitalizes on peoples' stupidity--he'll bid you up, trying to get you to outbid him, and then when you're buying high enough or selling low enough, he'll just merrily flood your orders not just to clear them out but because he's making a PROFIT by doing so. This is especially true with cross-region trading.
Basically, yes, people make money off of PP. But PP makes more money off of the rest of Eve, so it balances out nicely. If someone really wants to stop him, they need to make money off of him consistently, throughout his active day. That'll slow him down in a hurry.
MP
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Hin Vemere
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Posted - 2007.01.09 23:00:00 -
[82]
MP is right, he's not completely stupid. But he is insane, so if you are thinking of getting into +1 implant trading, here is the essential first step. |
Hin Vemere
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Posted - 2007.01.09 23:25:00 -
[83]
Originally by: Taliac
He's the worst trader i've ever seen
He's selling me implants for 400k and buying them back for 580k
The implants he sold you for 400k were already bought from newbies for <330k, and once he's bought them back for 580k he can sell them (again to newbies) for >620k. If he takes an overall loss per implant, it's much smaller than you think, and in the meantime he's instantly cleared your buy/sell orders so his orders are the only ones the newbies see. It's a risky strategy for the reasons already mentioned but he clearly has the dedication (and smacktalk) to outlast most newcomers to the market. |
Rufless
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Posted - 2007.01.10 12:10:00 -
[84]
Originally by: Motivated Prophet
He also capitalizes on peoples' stupidity--he'll bid you up, trying to get you to outbid him, and then when you're buying high enough or selling low enough, he'll just merrily flood your orders not just to clear them out but because he's making a PROFIT by doing so. This is especially true with cross-region trading.
MP
In this part, you say he will drive you to buy higher and sell lower. The opposite of what is good for you. That equals a loss for the person who is challenging him and a gain for him. But in these posts in this thread, people are claiming he loses and they gain. If two people are buying and selling the same set of goods directly to each other, only one can profit and the other loses.
I understand the clearing orders out part and that makes sense as a good strategy but the whole "who gets profit and who gets losses" part sounds strange...
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Trebor Locke
Gallente
ClanKillers
Dusk and Dawn
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Posted - 2007.01.11 01:58:00 -
[85]
Originally by: Shakuul
memory implants are down to a 386k/585k bid/ask spread. This doesn't seem like much. Even with the whole market in one region you're making like 5mil a day.
Thats a 51% return on your investment. A very good return I might add. Find a market that sells those in a high volume and you can make about 20-30mil a day from that investment alone.
Correction. 51% is an outstanding return rate! 10% returns is pretty normal for a trader but anything above 20% returns is just out of this world.
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Traders rock PVP. Not only do we fight and wage wars against each other,
but we make it so you "Hardcore" PVPers still have ships ^_^ |
Kima Sha
Muppet Inc
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Posted - 2007.01.11 10:22:00 -
[86]
Edited by: Kima Sha on 11/01/2007 10:19:37
Had some fun with him last night.
I decided to put in a buy order for 10 and within 15 minutes I had Goldie Maker in a private conversation with him calling me a moron and asking what my intentions where. After explaining that I didn't want to marry them, just take them into the back of my ship and have a good time I offered him a deal. For 50 million I would leave the +1 market alone. He refused so the offer gradually went up to 150 million. He decided to call me a brain-dead mouthy moron and refused, said he was going to war-dec my corp and stomp my guts out.
I promptly went to another region and put up a load more buy orders.
BTW, he credits you guys for getting him his billions, because of you trying to mess with him he has always come out on top and now has billions of isk.
--
CEO - Muppet Inc |
Paper Pusher
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Posted - 2007.01.19 00:32:00 -
[87]
Let me clear all this up for you.
Whats easeier to belive? That I Humilated someone coming into the market and then gloated about it , so they come here and make up fictional stories?
OR
That they are telling the Truth! and they are making millions and millions as easy as can be?
Now my proof and food for thought is this.
IF what they say is true and there is so much effortless easy ISK im giving away , THEN why do they stop?
Dang you Motivated , your the only 1 who truelly saw what was happening and didnt let me "manipulate" you.
Kuranes was the easiest. I called him a few schoolyard names and he was my loyal slave for almot 3 months, LOL.
Update: In the last 24 hours I have made (thats to my wallet and up and after all my refreshing bids) 4.5 Billion. I know that peanuts but that from One of my alts and off Implants Only. I almost feel bad that the new player comes out and fetches my Implants for me (making me a sizable profit when they buy them) spending hours if not days to retrive them , then posting them back at a cut-throat price (LOL) and me buying them , then selling them for 35 to 50% more.
Like ive tried to tell some of the new players. you can literally make more running Level 1 Agent Courier Missions. But hey , thanks for the "slave" labor.
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Baron Oxes
Hypermagic Mountain
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Posted - 2007.01.19 09:14:00 -
[88]
Paper Pusher - from my limited dealings with you after I got bored and thought I'd mess around with +1 implants, I'd like to thank you for your 'hands-on' trading approach and your mild insanity : )
I was hoping you'd accidentally press 'Accept' on the trade window you opened to show me your 1950 units of Limited Occular Filters, next time maybe.
To anyone else, this seems like a good initiation into the more rabid corners of the market and you don't need a great deal of cash to get involved. Good fun : )
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Motivated Prophet
Zerodot Schools
Power Corrupts Industry's
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Posted - 2007.01.19 13:51:00 -
[89]
Originally by: Paper Pusher
Dang you Motivated , your the only 1 who truelly saw what was happening and didnt let me "manipulate" you.
As I've said here and elsewhere--you run a hell of a tight ship. It's just unfortunate that you're a *bleep*, or I'd invest in you. As it stands, one of these days, I'll enter that market and see if I can't outdo you.  But not today.
MP
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Donovan Killar
Caldari
Darkness Inc.
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Posted - 2007.01.19 15:26:00 -
[90]
Hey Paper how you been? Rather amused to see a three page long forum post about you. Honestly I hope I can do something to get a three page thread all to myself some day. Have a good one, see you in space.
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