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Shadarle
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Posted - 2007.11.24 16:04:00 -
[1]
Heh, I saw this one coming right away. I said as much in his initial thread.
Decided to get him a chance since people seemed happy with it after a month. Figured if he wanted to scam he'd keep it going for 3-4 more months and get a truly large sum invested, 100b+. Guess Riethe was quite blinded by a mere 40b to realize he could have actually gotten a lot of money if he tried.
40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better.
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Shadarle
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Posted - 2007.11.24 16:12:00 -
[2]
 Originally by: LaVista Vista
Originally by: Shadarle
40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better.
40bill is still a considerable amount.
Eh... not so much these days. If he had run this 3 more months he coulda gotten up to 80-100 bil.
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Shadarle
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Posted - 2007.11.24 22:35:00 -
[3]
Originally by: FastLearner
Originally by: Shadarle
Originally by: LaVista Vista
Originally by: Shadarle
40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better.
40bill is still a considerable amount.
Eh... not so much these days. If he had run this 3 more months he coulda gotten up to 80-100 bil.
Yeah - he definitely pulled the plug earlier than he needed to. A few months paying 15-20% and he could have scooped another 50 bill easy.
Exactly.
He obviously didn't want to put forth the effort to really pull off a big scam. If he had started posting regularly and been paying out over his 15% min each month he'd have gotten a lot more people roped in.
Now though I think we will all be suspicious of anyone paying out very high amounts and wanting to expand before they've even payed out a tiny fraction of their total. But I have a feeling people will still jump in on any good investments that pop-up and 90% will work out fine, some will turn out to be scams.
All this will do is make it harder for unknown people to get money.. and concentrate the money in the hands of the rich, powerful, well known players even more.
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Shadarle
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Posted - 2007.11.24 23:05:00 -
[4]
Originally by: LaVista Vista
I agree, he could have got more isk out of people. But still.. 40bill is ALOT of money for most people. Its about 1333 hours worth of 0.0 ratting.
A very good reason not to waste time ratting, not nearly profitable enough.
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Shadarle
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Posted - 2007.11.25 00:25:00 -
[5]
Originally by: Riethe
Dear Shadarle,
I think you're just an absolute foul soul on these forums and you treat everyone in such a condescending, unfriendly manner.
Nothing brings me more pleasure than being able to steal your personal ISK.
You claim that you were able to place this investment because you didn't mind losing 1 billion ISK.
As true as that may be, what you did lose, however, was the part of you that finally chose to commit to this investment. And I think considering your post history and your general behavioral patterns, this actually makes this loss a lot greater than you might be willing to admit to.
You're so opinionated about how to do every flipping thing regarding the markets, yet you refuse to do anything yourself and actually prove to anyone you are capable of these things.
You're such a fake individual with so many security issues that you mask it through your rough attitude on these forums and probably in game as well.
I hope that suits you.
Couldn't have written a better self-portrait of myself if I tried!
As to how my wallet is doing, your scam wasn't my biggest loss for the day. Having said that, it is still up over yesterday. I had a very good day 
I wrote off your scam and blue dice today for 1.6 billion isk. I lost another 2 billion on something else. I am up 1.3 billion after taking those losses into account. So overall I'm quite pleased that suffering the losses I did that I won't even notice it by looking at my daily profit spreadsheet.
Starting an IPO myself right now would be a dis-service to any investors. I wouldn't be able to devote more than a few minutes per day to it. I am lucky to devote even 30 minutes to my own orders currently and can't currently use up all of my own isk. So there is absolutely no reason I should issue an IPO.
I am quite glad you dedicated an entire post to me though. Shows that you have been greatly impacted by my posts. I am sorry that I could not show more annoyance or regret at your scam or the loss of my money. Perhaps next time you'll be smarter and pull off a truly impressive scam.
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Shadarle
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Posted - 2007.11.25 00:45:00 -
[6]
Originally by: Riethe
In my case, It's my way of putting in that "30" minutes a day to earn more profits than you will ever see.
More profits than I will ever see? I think we both know that is a silly statement. I made more profits than you scammed in the time it took you to run this scam. And from Ricdic's last post it sure seems like you put a lot of effort into this as well.
It would be rather pointless for me to lie about my profits. Though it is a bit amusing that we both take advantage of the stupidity of others, you through scamming and I through trading. You did a decent enough job with the scam, but you showed a severe lack of guts in cashing out so quickly instead of really going for broke. Perhaps if you had held out a bit longer you would have been able to out-do me. Better luck on your next try.
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Shadarle
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Posted - 2007.11.25 00:53:00 -
[7]
Originally by: FastLearner
You did a decent job anyway - I just find it somewhat disappointing that you didn't get more: having made the decision to scam it's a pity you didn't really go for it and take a huge sum of ISK. I just hope if I ever scam I do a proper job of it: I've raised 100 billion running a legit business, so I'd hope that ruinning a scam (where I can promise whatever I want - never having to deliver on it) I could clean up at least 2-3 times that.
I'll give you a B+ for planning, an A- for execution and a D for ambition.
Exactly my thoughts on all this. I am actually disappointed in this scam, not because it happened, but because it lacked so much ambition or guts.
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Shadarle
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Posted - 2007.11.25 01:12:00 -
[8]
Originally by: Riethe
Also, how convincing could I possibly be in saying I'm putting 60 billion ISK on the trading market for general goods? That would be a lot of work for one man to do, I personally find that to be a rather crazy claim for any individual to even attempt to make.
.....
The person most likely for achieving this is Ricdic.
The first point you make is a bit silly. Clearly it isn't too hard to use 60 billion isk as both FastLearner and I do it. I personally do not believe I am any god of trading, so if I can do it I am sure others can as well. You're just trying to make excuses for your own lack of ambition/guts now... you really don't have to prove yourself to FastLearner and I. Just be happy you got away with your little haul and go on your way.
The second point, if Ricdic scammed and only got 100 bil I would be even more disappointed. He shouldn't sell out for less than 500 bil. Though I'd hope he'd go for a trillion just to set the standard high.
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Shadarle
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Posted - 2007.11.25 05:20:00 -
[9]
Originally by: rtbzneeezz
Edited by: rtbzneeezz on 25/11/2007 05:17:07
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