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Jiara Castoumi
Caldari
EVE Galactic Bank
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Posted - 2006.11.30 16:21:00 -
[1]
Edited by: Jiara Castoumi on 30/11/2006 16:25:55
The EVE Galactic Bank is now open for trading.
And I shall keep this so you don't have to be a financial guru to profit from this.
How to open an account.
You simply purchase shares available, the more you buy, the larger your return from the months profits.
The MINIMUM purchase is one share.
To purchase a share, eve mail myself Jiara Castoumi.
Once you have purchased your share it is yours to do with as you see fit.
The share amount is limited.
How will the Bank make profit?
We will, like all banks, loan the money out. Taking collateral and taking a monthly interest rate on loaned isk.
Current Monthly Rate is 8% on All loans.
Loans can run from 1 month to 6 months.
Loans over 6 months will require more in depth discussion with a "banker"
We can allow a 1 week loan, but the Interest on this will be high.
Every month, the profits made from the bank will be divvied out to ALL that have shares.
The bank will make No ISKs from this venture.
To those wishing to trade shares, please make sure that if you're purchasing shares from a 3rd party make sure that the shares you are purchasing are for the EVE Galactic Bank.
Also there are no stipulations with how old you need to be to buy shares. Be you one day old or three years old, your money is welcome.
FINALLY, THE EVE GALACTIC BANK IS A NON PROFIT ORGANIZATION.
THE BANK WILL MAKE 0 ISKS FROM THIS.
BANK WORKERS ARE BANNED FROM OBTAINING SHARES.
And no this is not a joke.
Reasons why: (OOC) In real life I own my own company, I make a lot of money. I have a lot of free time, and I am a nice person. I also see that people argue over the fact in eve you're either Super Poor or Super Rich and I wish to try to give everyone a fair shot at making some money on the side.
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Jiara Castoumi
Caldari
EVE Galactic Bank
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Posted - 2006.11.30 16:29:00 -
[2]
reserved
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Banedon Runestar
Gallente
Blue Star Enterprises
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Posted - 2006.11.30 17:11:00 -
[3]
Edited by: Banedon Runestar on 30/11/2006 17:13:56
You're obviously new around here, or deluded, I'm not sure.
The *last* time there was an attempt at a Galatic Bank, the main executor of said bank ran off with something like 700 BILLION ISK, bought a few nice ships (and then lost them), and then sold the rest of the ISK on Ebay.
I have no idea if his account got banned or if he sold the character or what. But simply because of the crap that happened the last time someone tried this, I doubt that it will work a second time around. Once biten, twice shy kind of thing.
But good luck.
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Now if only my ! would disappear, I might be impressed. Four months and counting... |
Tao Han
Caldari
Perkone
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Posted - 2006.11.30 18:02:00 -
[4]
Edited by: Tao Han on 30/11/2006 18:02:31
 Originally by: Banedon Runestar
I doubt that it will work a second time around. Once biten, twice shy kind of thing.
But good luck.
I think there are enough naive, blue-eyed ppl in this world that it would actually work a second time. Or a third for that matter.
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Alex Under
Caldari
Deep Core Mining Inc.
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Posted - 2006.11.30 19:28:00 -
[5]
Originally by: Tao Han
Edited by: Tao Han on 30/11/2006 18:02:31
Originally by: Banedon Runestar
I doubt that it will work a second time around. Once biten, twice shy kind of thing.
But good luck.
I think there are enough naive, blue-eyed ppl in this world that it would actually work a second time. Or a third for that matter.
Now if someone reputable, someone with a name that everyone trusted and recognized throughout the entire EVE Community started such an investment endeavour, there might be a little more interest.
But as was mentioned above, when lots of people were scammed earlier this year out of 700 billion isk, alot people lost their trust for others. |
Jiara Castoumi
Caldari
EVE Galactic Bank
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Posted - 2006.11.30 21:02:00 -
[6]
Difference between the 700b conman and myself, is im not a conman.
If you wont want to risk it dont.
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Jobie Thickburger
Gallente
Intergalactic Mining
Novus Ordos Seclorum
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Posted - 2006.12.01 00:12:00 -
[7]
Originally by: Jiara Castoumi
Difference between the 700b conman and myself, is im not a conman.
If you wont want to risk it dont.
My friend, this is exactly what Cally said as he walked away with his loot.
I wish you the best of luck though, mabey you can pull it off. Personally, I don't have any money to invest in anything anyway.
His Planetship, CEO, IM
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fastwind
Caldari
VentureCorp
Imperial Republic Of the North
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Posted - 2006.12.01 00:48:00 -
[8]
Edited by: fastwind on 01/12/2006 00:49:09
sorry but i dont think you will get any takers on this too many people got scammed last time and wont take the risk again :( and thats not saying your a scammer at all just if you had been around for a while then you would realise 1 bitten twice then your an idiot for being taken in a second time.
Proud member of D-S-L |
Sacul
Wreckless Abandon
The UnAssociated
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Posted - 2006.12.01 05:08:00 -
[9]
Bahahahhahahahah, once in a blue moon......read the Eve-O history mate....anybody falling again for that comedy gold piece, deserves it.......roflmao.....I allready lost 200 mil in bad investments/scams and prolly made 400-500 mil in good ones...all pure luck and bad tidings. Good Luck tho....ghehe
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LC Sulla
BGG
Freelancer Alliance
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Posted - 2006.12.01 10:55:00 -
[10]
Quote:
Every month, the profits made from the bank will be divvied out to ALL that have shares.
The bank will make No ISKs from this venture.
...
FINALLY, THE EVE GALACTIC BANK IS A NON PROFIT ORGANIZATION.
THE BANK WILL MAKE 0 ISKS FROM THIS.
That's your business plan?? 
Not ALL the profits should go to the shareholders!! You have to leave some for future expansion and capitalisation of other projects. Give your ISK to this great and benevolent organisation  .
If it looks like a scam, smells like a scam... good chance it's a scam. Only time will tell.
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Alha Qmar
Caldari
Xenon Logistics
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Posted - 2006.12.01 11:12:00 -
[11]
Eve ma1l me all j0ur 1sk polz, n0 sc4m.
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Hudsonn
Minmatar
FireTech
Imperium Alliance
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Posted - 2006.12.01 18:22:00 -
[12]
What if we got a loan, then had no ISK to pay you back?Send the heavies round?
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Minmatar is hard mode___ |
Nocturnal Avenger
untaught
Ka-Tet
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Posted - 2006.12.01 18:58:00 -
[13]
Originally by: Hudsonn
What if we got a loan, then had no ISK to pay you back?Send the heavies round?
aka - free war-dec :p
*working for free is overrated*
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Jiara Castoumi
Caldari
EVE Galactic Bank
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Posted - 2006.12.01 22:06:00 -
[14]
Originally by: Hudsonn
What if we got a loan, then had no ISK to pay you back?Send the heavies round?
depends on how much you owe and what the share holders vote for
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Hudsonn
Minmatar
FireTech
Imperium Alliance
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Posted - 2006.12.01 22:20:00 -
[15]
Edited by: Hudsonn on 01/12/2006 22:20:09
So they'd war dec? that could still be bad news for the bank quite honestly.
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Minmatar is hard mode___ |
Jiara Castoumi
Caldari
EVE Galactic Bank
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Posted - 2006.12.02 01:24:00 -
[16]
well it depends on what the shareholders vote for.
However, like a real bank the offender can take out another loan to pay off the old loan.
Thus lowering his or her eve credit rating :(
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Hudsonn
Minmatar
FireTech
Imperium Alliance
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Posted - 2006.12.02 12:47:00 -
[17]
Yeah, but what if we just don't pay? Like, ever? if you're not making isk, then you're gonna have a tough time getting mercs.
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Minmatar is hard mode___ |
Kadean
Gallente
Visual I.D
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Posted - 2006.12.04 13:36:00 -
[18]
IM VOTING THIS A SCAM IF ANYBODY PUTS ISK INTO IT THEN THERE STUPID< IF U ALL REMEMBER THE LAST TIME< IT WENT IN EVE HISTORY AND WAS IN PC GAMER MAGAZINE, IF IT ISNT A SCAM THEN I HOPE U DO WELL AND NOT TURN OUT TO BE A COMPLETE LOSER AND RUIN EVE LIKE THE LAST ONE
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Max Tesla
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Posted - 2006.12.04 19:31:00 -
[19]
PC Gamer?
Do you have a link or something ?
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Krollji
MetaForge
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Posted - 2006.12.04 23:59:00 -
[20]
Edited by: Krollji on 05/12/2006 00:03:54
Originally by: Jiara Castoumi
Originally by: Hudsonn
What if we got a loan, then had no ISK to pay you back?Send the heavies round?
depends on how much you owe and what the share holders vote for
Excuse me? You (Da Banko) have no money - you gave it all each month to your shareholders. You have no assets or money to enforce any action on anyone who does not want to pay you back. It costs ISK to hire a merc corp to act as your "muscle" to get back ISK one won't pay you. And, you have no "enforcement" plan on paybacks of loans other than have your shareholders vote on it? Like they will part with any ISK you might have given out?
I really wasn't going to comment until I saw this reply but this is totally unreal and you are not believable.
And BTW: Not once have you yet mentioned the cost of a Share to become part of this glorious adventure.
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Jiara Castoumi
Caldari
EVE Galactic Bank
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Posted - 2006.12.05 01:04:00 -
[21]
I have been hounded with eve mails from those calling myself a scammer. So I'm going to cancel the idea, its obvious the maturity level of the majority of eve is well below suitable standards.
And I did state that the profits made would goto the shareholders, borrowing would have been taken from the profits before the month was up.
Also majority of the information was available on request only via eve mail/convo.
Those that have bought shares have been reimbursed.
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Tunajuice
Convergent
Firmus Ixion
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Posted - 2006.12.05 04:13:00 -
[22]
Yes, blame the maturity of eve players because some random dude out of the woodwork attempted to duplicate the biggest scam ever with no profit listed.
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Alex Under
Caldari
Deep Core Mining Inc.
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Posted - 2006.12.05 16:28:00 -
[23]
Originally by: Tunajuice
Yes, blame the maturity of eve players because some random dude out of the woodwork attempted to duplicate the biggest scam ever with no profit listed.
Burn!  |
Del Phineas
Caldari
Escorts of Eve
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Posted - 2006.12.05 19:46:00 -
[24]
Actually, this can be done as I have done it.
The problems I ran into were:
a) Stocks are hard to manage and sell and many people have VERY similar names and one typo and boom - you are owned by the wrong person.
b) People can sell stocks to others and you don't know where they are at any given time.
c) CCP will treat you like a scammer and poo poo any problems that you have in mechanics cause they figure you probably ARE a scammer. If you lose money because of mechanics - you pay personally.
d) Everyone likes getting money, but nobody likes helping you earn it. This means it becomes a job.
e) There is no easy way to verify the value of stock from inside or outside - so when stock value goes up you have to be very certain.
f) Depending on your investment plan, you might have an unforseen cap on returns. In my case, I was limited by skills.
g) When giving out Dividends, they go to all the stocks equally whether they are sold or not. So some of it goes back in the kitty. If most of the stocks are not sold, most of it goes to the kitty. It would be better if Dividends went only to stock sold.
h) There are lots of evemail and other hidden expenses if every investor is not in your Corporation.
i) Eventually, everyone will want to talk to you about how you are making money and you will not have time to actually make it.
Yep, that about sums up the surface problems. With that said, I rolled up 540 million in 2 months with a starting stock value of 100k and an ending stock value of 500k. In addition, Dividends were paid out along the way. I paid out 10% of stock purchase price to all stockholders as stock was sold and 10% of the profit weekly. Once I reached a value of 500k per stock - I sent out all the profit I was making each week.
This worked well until there were several *bugs* in which CCP did not believe me. So - I gave ALL the money back to whoever was holding the stocks. So I sent out 540 million total those last days. So everyone got back their original money and any earnings since they bought the stock.
What I learned about the market in Eve:
1) Minerals and ore hold their value best
2) Tech 1 items are solid
3) Tech 2 market is wild in it's up and downs
4) Things destroyed the most have the most value
5) Many people don't use what you would think are common items and in this I mean they pick one item for a ship and buy 3-5 of them
6) Markets may be by Region, but they swing wildly locally based on what is happening today
7) People buy out of greed and sell out of fear
8) Danger = Reward
9) Lots of people steal saying Eve is just a game if given a chance.
Most people expect a scam and wonder when you will break. I think that morbid fascination about when the house will collapse is what drives investment most.
(and no - I won't help you - takes way too much work - for random people)
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Eldo Davip
Forum Moderator
Interstellar Services Department
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Posted - 2006.12.06 01:40:00 -
[25]
Moved from Corporations and Alliance Summit because the thread is completely out of character and its more appropriate for this forum.
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Marodi Julita
Sublime Investment Fund
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Posted - 2006.12.06 02:54:00 -
[26]
I think eldo just didn't think enough people thought this was rediculous... so he wanted to move it here for other people to call this plan rediculous
(Just playing eldo)
but yeah.. horrible plan..
/me looks forward to Shin Ra's post.
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Elvarien
Caldari
The Night's Watch
THE INTERSTELLAR FOUNDRY
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Posted - 2006.12.06 15:09:00 -
[27]
I`d reply but del perfectly mentioned all the issues ... so yah no dice.
>----
<3 the manticore |
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