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Sublime88	Posted - 2007.10.24 00:14:00 - [1] I think it would be really cool if CCP could add a savings account or allow you to make savings accounts in your wallet. I also think it would be cool if you could invest your money into stuff like CD accounts or some other kind of stock investment. What do you guys think?
Hexxx Minmatar	Posted - 2007.10.24 00:28:00 - [2] Originally by: Sublime88 I think it would be really cool if CCP could add a savings account or allow you to make savings accounts in your wallet. I also think it would be cool if you could invest your money into stuff like CD accounts or some other kind of stock investment. What do you guys think? Yeah...someone should do that. It'd be pretty cool. Consulting, IPO Template, and Stock/Bond definitions.
AliasXNeo Gallente	Posted - 2007.10.24 00:47:00 - [3] Originally by: Hexxx Originally by: Sublime88 I think it would be really cool if CCP could add a savings account or allow you to make savings accounts in your wallet. I also think it would be cool if you could invest your money into stuff like CD accounts or some other kind of stock investment. What do you guys think? Yeah...someone should do that. It'd be pretty cool. Well he did say CCP ;) ------------------------------ ~ AKA Josh ~ - Battleclinic Staff Developer - ------------------------------
Dr Slurm General Commodities	Posted - 2007.10.24 00:51:00 - [4] CCP paying interest on deposited ISK would be a very bad thing. <sig> Tired of the inane ramblings of the incompetent? Click here </sig>
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.10.24 00:52:00 - [5] Need Empire Research Slots. Click here
Shadarle	Posted - 2007.10.24 02:21:00 - [6] Talk about run away inflation if CCP introduced savings accounts or CD's. Only one player run bank allows you to store even a remotely decent amount of money so far... and even that one doesn't allow for all that much. There is just no way a bank could pay well enough and still accept massive amounts of money if run by players. And if run by CCP there would be way too much isk generated. Tanking Setups Compared Stacking Penalty / Resists Explained
AliasXNeo Gallente	Posted - 2007.10.24 02:57:00 - [7] Edited by: AliasXNeo on 24/10/2007 02:57:42 I have seen an example of this in another game where there was a bank run by the game. They had around %5 interest, and people who were "good" at the game would be making billions a day because they had billions of game currency in the bank (Mind you new players started out with about 10k and dreamed of a mere million). It pretty much screwed the game up. I could see the same thing happening here (though not the exact same example). ------------------------------ ~ AKA Josh ~ - Battleclinic Staff Developer - ------------------------------
Hexxx Minmatar	Posted - 2007.10.24 03:06:00 - [8] Originally by: Shadarle Talk about run away inflation if CCP introduced savings accounts or CD's. Only one player run bank allows you to store even a remotely decent amount of money so far... and even that one doesn't allow for all that much. There is just no way a bank could pay well enough and still accept massive amounts of money if run by players. And if run by CCP there would be way too much isk generated. The only way to introduce a bank that could accept massive amounts of money and tons of players would be if money could be transfered automatically using the API and if the market was far more robust. EBANK has a hard limit on how much interest it can pay....we just don't know what it is yet, but if I had to guess...we'd hit a wall around 500 billion. Maybe lower than that, it's really hard to say. Consulting, IPO Template, and Stock/Bond definitions.
Shadarle	Posted - 2007.10.24 03:52:00 - [9] Originally by: Hexxx Originally by: Shadarle Talk about run away inflation if CCP introduced savings accounts or CD's. Only one player run bank allows you to store even a remotely decent amount of money so far... and even that one doesn't allow for all that much. There is just no way a bank could pay well enough and still accept massive amounts of money if run by players. And if run by CCP there would be way too much isk generated. The only way to introduce a bank that could accept massive amounts of money and tons of players would be if money could be transfered automatically using the API and if the market was far more robust. EBANK has a hard limit on how much interest it can pay....we just don't know what it is yet, but if I had to guess...we'd hit a wall around 500 billion. Maybe lower than that, it's really hard to say. I'm curious why 500 billion is the limit. Through active trading it can be hard to use more and more money, but through more passive means there are ways to earn at least 5% for really any amount of money. That goes up to 8-10% at times. Perhaps most people don't know those methods... but for those that do I could see it being viable for trillions of ISK. Maybe it would cap out at 5-10 trillion... but I hardly see that being reached anytime soon anyhow. Tanking Setups Compared Stacking Penalty / Resists Explained
Hexxx Minmatar	Posted - 2007.10.24 03:56:00 - [10] Originally by: Shadarle Originally by: Hexxx Originally by: Shadarle Talk about run away inflation if CCP introduced savings accounts or CD's. Only one player run bank allows you to store even a remotely decent amount of money so far... and even that one doesn't allow for all that much. There is just no way a bank could pay well enough and still accept massive amounts of money if run by players. And if run by CCP there would be way too much isk generated. The only way to introduce a bank that could accept massive amounts of money and tons of players would be if money could be transfered automatically using the API and if the market was far more robust. EBANK has a hard limit on how much interest it can pay....we just don't know what it is yet, but if I had to guess...we'd hit a wall around 500 billion. Maybe lower than that, it's really hard to say. I'm curious why 500 billion is the limit. Through active trading it can be hard to use more and more money, but through more passive means there are ways to earn at least 5% for really any amount of money. That goes up to 8-10% at times. Perhaps most people don't know those methods... but for those that do I could see it being viable for trillions of ISK. Maybe it would cap out at 5-10 trillion... but I hardly see that being reached anytime soon anyhow. Well, if we have a really good fund manager working for us, I imagine we could get it that high. But most of the Board has restrictions on what they can do (time wise) so untill we get a really good feel of what we're truely capable of....we're playing it very conservatively for now. Consulting, IPO Template, and Stock/Bond definitions.

Shadarle	Posted - 2007.10.24 04:24:00 - [11] I just wish we could fast forward a year so I could deposit some real amount of money into e-bank. Tanking Setups Compared Stacking Penalty / Resists Explained
Hexxx Minmatar	Posted - 2007.10.24 04:45:00 - [12] Originally by: Shadarle I just wish we could fast forward a year so I could deposit some real amount of money into e-bank. Heh. I hope that in a year you'll be able to do much much much more than JUST deposit money in EBANK. Consulting, IPO Template, and Stock/Bond definitions.
Shadarle	Posted - 2007.10.24 04:58:00 - [13] Originally by: Hexxx Originally by: Shadarle I just wish we could fast forward a year so I could deposit some real amount of money into e-bank. Heh. I hope that in a year you'll be able to do much much much more than JUST deposit money in EBANK. Perhaps... but most of the things you can do with E-Bank so far I don't see much personal use for. Thus the small isk amounts make it a bit useless for me. Tanking Setups Compared Stacking Penalty / Resists Explained
Treelox Amarr Frontier Technologies	Posted - 2007.10.24 06:54:00 - [14] Originally by: Hexxx Originally by: Shadarle I just wish we could fast forward a year so I could deposit some real amount of money into e-bank. Heh. I hope that in a year you'll be able to do much much much more than JUST deposit money in EBANK. Free Toasters with every new account opened?? :) --
Treelox Amarr Frontier Technologies	Posted - 2007.10.24 06:58:00 - [15] Originally by: Shadarle Perhaps... but most of the things you can do with E-Bank so far I don't see much personal use for. Thus the small isk amounts make it a bit useless for me. Shadarle, I mean no disrespect nor strokage of your epeen by the following sentence, just stating it like I see it. You arent exactly the common denominator nor close to the "average" of what ebank customer base is, so i dont think its purpose was built with people like you in mind. --
Shar Tegral	Posted - 2007.10.24 09:09:00 - [16] Since I'm the director in charge of loud mouth loose cannon statements I think I'll respond as best as EBANK will want to distance itself from. Originally by: Shadarle I'm curious why 500 billion is the limit. Through active trading it can be hard to use more and more money, but through more passive means there are ways to earn at least 5% for really any amount of money. That goes up to 8-10% at times. One of the things that is hardest to manage is liquidity issues. The last thing we want is to have a run, or perceived run, on the bank. There are a number of ways to handle this but the safest is to have a suitable reserve available to cover any sudden urge for mas withdrawals. This presents us with some interesting limits. Firstly, the board has made available funds from our own pockets to create the initial reserve. This amount of funds is not building us any interest or specific profit. (We profit from successful running of ebank though if you do the math - not much.) Secondly, there still lies the problem of returns. As an example, if we hold 50% of all deposited funds in reserve we thus double our necessary interest rate. This may explain some of the conservative numbers we have started with. (i.e. 3% interest on 15b becomes 6% interest on 7.5b usable funds.) So in essence this all becomes a mixture of difficult choices. We have to find out how much isk we can put to work, how much that isk must generate, and then have someone who can double (if not triple) that rate so that the work is as rewarding for them as it will be for ourselves. Mind you this scenario does not consider any profit making on the bank's part to build up more reserves and/or pay the utterly brilliant directors of EBANK. It's A GIRL!!!!!
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.10.24 10:09:00 - [17] Nice post Shar, I expected something far more explicit. Shadarle, how would you like a position as an EBANK fund manager . It is a serious offer if interested. Obviously, like the directors you won't be in it just for the isk (as you probably have more than enough of your own), but as a fund manager you could either handle larger amounts of EBANK isk, or manage it (providing amounts to your team to work with etc). I don't really expect you to accept this, but you have been well versed in advising people of the ease of bringing in high returns, so I offer you the opportunity to provide this in a public sense, thereby increasing capital available to utilise as well as a decent amount of proceeds going to your salary. Most of the investments I have been using EBANK capital for in the past month, I have designed around a central expectation of a 15% return. I have had a few people play with EBANK cash as fund handlers, with Rhiraven being the first example of that. His conditions were far more strict than that of someone else due to his age in-game. So what do you say Shadarle Need Empire Research Slots. Click here
Blissard employer	Posted - 2007.10.24 15:40:00 - [18] Eventually EBANK will have too many people running around with its money.
Shar Tegral	Posted - 2007.10.24 15:42:00 - [19] Originally by: Blissard employer Eventually EBANK will have too many people running around with its money. Was there an actual point? It's A GIRL!!!!!
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.10.24 15:46:00 - [20] Originally by: Shar Tegral Originally by: Blissard employer Eventually EBANK will have too many people running around with its money. Was there an actual point? I think he was trying to explain the perils of what happens when too much money is being made in a corporation. Need Empire Research Slots. Click here

Vasiliyan Aliastra	Posted - 2007.10.24 15:49:00 - [21] I think there should be a very small withholding tax on large (personal or corp) balances, to encourage investment.
Shar Tegral	Posted - 2007.10.24 15:54:00 - [22] Originally by: Ricdic I think he was trying to explain the perils of what happens when too much money is being made in a corporation. I don't think so tbh. From he's current posting history I think he's just trying to get his avatar to stop being "!". Other than that I see nothing useful in any of his posts. At least this one was somehow on topic... I think. It's A GIRL!!!!!
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.10.24 16:32:00 - [23] Originally by: Shar Tegral Originally by: Ricdic I think he was trying to explain the perils of what happens when too much money is being made in a corporation. I don't think so tbh. From he's current posting history I think he's just trying to get his avatar to stop being "!". Other than that I see nothing useful in any of his posts. At least this one was somehow on topic... I think. I was being sarcastic Need Empire Research Slots. Click here
Shadarle	Posted - 2007.10.24 16:48:00 - [24] Originally by: Treelox Originally by: Shadarle Perhaps... but most of the things you can do with E-Bank so far I don't see much personal use for. Thus the small isk amounts make it a bit useless for me. Shadarle, I mean no disrespect nor strokage of your epeen by the following sentence, just stating it like I see it. You arent exactly the common denominator nor close to the "average" of what ebank customer base is, so i dont think its purpose was built with people like you in mind. Perhaps not, but 250 million cap would have been too low for me a year ago even. So I have a feeling it excludes a very large number of people. And I've never said E-Bank has to cater to my needs, I just wish it did Tanking Setups Compared Stacking Penalty / Resists Explained
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.10.24 16:50:00 - [25] Originally by: Shadarle And I've never said E-Bank has to cater to my needs, I just wish it did Accept my offer I know you are tempted! Need Empire Research Slots. Click here
Shadarle	Posted - 2007.10.24 16:53:00 - [26] Originally by: Ricdic Shadarle, how would you like a position as an EBANK fund manager . It is a serious offer if interested. I've been reducing my time spent trading/etc in game lately in every way possible. I don't always have 30-45 minutes a day to actually log in and actively trade anymore. If that were to change and I started having several hours a day free then I would be very interested in finding a way to work for the public. Whether that would be in E-Bank or in a personal IPO I don't know. Tanking Setups Compared Stacking Penalty / Resists Explained
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.10.24 16:57:00 - [27] Well as a fund manager you could also point funds to different people kinda like having your own set of minions to command. I can't think of a better candidate for the job so let me know if you change your mind Need Empire Research Slots. Click here
Shadarle	Posted - 2007.10.24 17:11:00 - [28] Originally by: Ricdic Well as a fund manager you could also point funds to different people kinda like having your own set of minions to command. I can't think of a better candidate for the job so let me know if you change your mind Pointing funds to different people is not my strong point as I generally do not trust others to do things like I'd like them done If I took the job it would be so I could make a good enough profit for e-bank so it could accept more money. But I just don't have the time to do the job right and I don't like doing a job halfway. Tanking Setups Compared Stacking Penalty / Resists Explained
Blissard employer	Posted - 2007.10.24 23:39:00 - [29] Originally by: Shar Tegral Originally by: Blissard employer Eventually EBANK will have too many people running around with its money. Was there an actual point? Point that eventually there will be a scam and even though it might not hurt the overall bank it will definitely sting.
Shadarle	Posted - 2007.10.24 23:45:00 - [30] Edited by: Shadarle on 24/10/2007 23:45:14 Originally by: Blissard employer Originally by: Shar Tegral Originally by: Blissard employer Eventually EBANK will have too many people running around with its money. Was there an actual point? Point that eventually there will be a scam and even though it might not hurt the overall bank it will definitely sting. More than reading posts by an alt with a really lame name? I doubt it. Tanking Setups Compared Stacking Penalty / Resists Explained



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