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The Ultimate Project - Turning 5k into 1b in 1 month using market only

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Coconut Joe VIRTUAL LIFE VANGUARD Te-Ka	Posted - 2008.01.16 23:58:00 - [61] Originally by: Nicole Maher I bet 500mil he succeeds. Offering 5:1 odds. ie. he succeeds, I get 100mil. He doesn't, you get 500mil. Offer is good for one use only, don't have a bil to lose lol! First to reply in thread gets the bet. :p I'll take that bet. Oh, its on. - Eve IGB Store Template - The complete eve retail solution.
Shadarle	Posted - 2008.01.17 00:44:00 - [62] Since he already has 2.7 mil there is no reason he shouldn't succeed. It should be incredibly easy to get from 2.7 to 100 mil in almost a month. The hardest part is the initial few hundred thousand imo. Once you're in the millions you can rack it up quickly. Tanking Setups Compared Stacking Penalty / Resists Explained
Deez Onit	Posted - 2008.01.17 00:49:00 - [63] Edited by: Deez Onit on 17/01/2008 00:52:33 I think Ricdic getting to look in my wallet spurred this on... Good luck, it shouldnt be a problem. Btw, I'll check out your report for you ricdic if you need someone.
Giovanni F	Posted - 2008.01.17 01:08:00 - [64] Originally by: Shadarle Since he already has 2.7 mil there is no reason he shouldn't succeed. It should be incredibly easy to get from 2.7 to 100 mil in almost a month. The hardest part is the initial few hundred thousand imo. Once you're in the millions you can rack it up quickly. I know this is a non-issue, but you do realize hes going for 1b in a month, not 100m lol
Astorothe Aperture Science Industries	Posted - 2008.01.17 03:22:00 - [65] I think he just might pull this off afterall. Ze logs show NOTHING! ~ Eve Corp and Fansite Web design, development and hosting services
Bouncer Ricdic	Posted - 2008.01.17 03:35:00 - [66] Originally by: Deez Onit Edited by: Deez Onit on 17/01/2008 00:52:33 I think Ricdic getting to look in my wallet spurred this on... Good luck, it shouldnt be a problem. Btw, I'll check out your report for you ricdic if you need someone. Nah this thread got me wondering if it was possible and/or easily attainable after people questioned that person's ability to make as much isk as was claimed using only a trade alt. I have however given myself a painful disadvantage, that of a character totally unsuited for the job. But they don't call it a challenge for nothing. I must say I am amazed at some of the people betting for me. If I could bet, I would probably bet against myself as it won't be easy in any way, shape or form. In terms of odds there probably should be a 'bookie' so I have asked Selene D'Celeste a broker on the Eve Hold'em channel run by Curzon Dax and friends. He can take bets, determine odds etc. Frankly it is a tough challenge and I would personally recommend odds to the tune of 5:1 against me at this point. Not to discredit my abilities but it is awfully challenging and I done it to see if I could, not because I knew I could. Anyway I don't want to negatively influence further bets, and the gambling aspect could be enjoyable once Selene starts regulating it Will give an update in the next coupla hours but I think we are close to 5-6m at this point.
Benvie Benvie Enterprises	Posted - 2008.01.17 03:40:00 - [67] It's easy than you think once you break the 1m mark.
Treelox Amarr Market Jihadist Revolutionary Party	Posted - 2008.01.17 03:44:00 - [68] just for the sake of clarity, this 1B in a month, is that 30days or a calender month? I ask because January as most of us should know has 31 days in it. I just ask this since bets are being set and sides are being taken, you might aswell outline the exact time that this project is complete. --
Shadarle	Posted - 2008.01.17 03:47:00 - [69] Originally by: Giovanni F Originally by: Shadarle Since he already has 2.7 mil there is no reason he shouldn't succeed. It should be incredibly easy to get from 2.7 to 100 mil in almost a month. The hardest part is the initial few hundred thousand imo. Once you're in the millions you can rack it up quickly. I know this is a non-issue, but you do realize hes going for 1b in a month, not 100m lol Guess that's what I get for skimming a thread. I was wondering why people thought 100m would be tough. I think it's definitely possible... it all depends how long he plays and if he gets a few lucky breaks with people buying his stuff quickly. Trading can be as much about luck as it is about anything else. I think he can do it, not sure he will though. I personally wouldn't even try as it would take too much time per day imo. Tanking Setups Compared Stacking Penalty / Resists Explained
Bouncer Ricdic	Posted - 2008.01.17 04:12:00 - [70] Originally by: Treelox just for the sake of clarity, this 1B in a month, is that 30days or a calender month? I ask because January as most of us should know has 31 days in it. I just ask this since bets are being set and sides are being taken, you might aswell outline the exact time that this project is complete. Let's say 30 days But yeh the whole betting thing wasn't something I expected so I didn't really think I would need everything 100% covered Selene has a thread going up now in events discussion
Paradox Knightbridge	Posted - 2008.01.17 04:41:00 - [71] Edited by: Paradox Knightbridge on 17/01/2008 04:41:15 In addition to the end result, I would be interested in the approximate amount of time each day that you spent while making the attempt. It would give us a good idea about effort vs. reward. I'm sure it's quite a bit, actually, and ball-park figures would be good enough (for me at least). As many others have noted, interesting thread and one I'll be watching... EDIT: fixed a typo -- PK --
Selene D'Celeste Caldari The D'Celeste Estate	Posted - 2008.01.17 04:42:00 - [72] So Ricdic just showed me how much betting is already being spoken of about this project of his, and the suggestion came up to offer an official brokering service for bets placed on this event. Obviously you don't have to use this, but given my ownership of one of EVE's finest poker parlors (pretty much the oldest surviving one except TriPoker which is quiet these days), I'd say this is a highly relevant service =) The thread is located in the Events forum and can be found here: http://oldforums.eveonline.com/?a=topic&threadID=684497
Gamesguy Amarr D00M. Triumvirate.	Posted - 2008.01.17 04:48:00 - [73] Edited by: Gamesguy on 17/01/2008 04:49:25 Would it be possible for you to mail me your api info so I can track your wallet transactions? I'm quite interested on how you're doing this. Thanks EDIT: Oh and what program would I use to look at this info?
Selene D'Celeste Caldari The D'Celeste Estate	Posted - 2008.01.17 04:55:00 - [74] Originally by: Gamesguy Edited by: Gamesguy on 17/01/2008 04:49:25 Would it be possible for you to mail me your api info so I can track your wallet transactions? I'm quite interested on how you're doing this. Thanks EDIT: Oh and what program would I use to look at this info? I believe he will be making most information public once the attempt is over. Until then, a couple of individuals will be monitoring him to prevent any fishy behavior and cheating.
Bouncer Ricdic	Posted - 2008.01.17 04:55:00 - [75] Originally by: Gamesguy Edited by: Gamesguy on 17/01/2008 04:49:25 Would it be possible for you to mail me your api info so I can track your wallet transactions? I'm quite interested on how you're doing this. Thanks EDIT: Oh and what program would I use to look at this info? Sorry mate I can't provide this at the moment. I use the API to track my orders. I have given the API to Block Ukx and Selene (above) to monitor under the express conditions they only update once or twice per day. This way it doesn't have an affect on my profit earning abilities. Everything will be published in 30 days
Kyrial Tidolfas	Posted - 2008.01.17 04:59:00 - [76] Edited by: Kyrial Tidolfas on 17/01/2008 05:04:40 hmm......interesting. i dont think you will succeed though. 1 bil is just a little bit too much. edit: i must add. buying underpriced items to reprocess is not really that market related. in the strict sense that market is buy/sell only. but i dont make the rules
Bouncer Ricdic	Posted - 2008.01.17 05:07:00 - [77] Originally by: Kyrial Tidolfas edit: i must add. buying underpriced items to reprocess is not really that market related. in the strict sense that market is buy/sell only. but i dont make the rules The reprocessed goods go onto the market. Having said that, very little of my trading is being reprocessed, most is just straight market work. I have done a new audit and current NAV is at 3,022,191. Not as high as I thought but we still have about 10 hours until day 2 comes to a close
Shadarle	Posted - 2008.01.17 05:16:00 - [78] Originally by: Kyrial Tidolfas edit: i must add. buying underpriced items to reprocess is not really that market related. in the strict sense that market is buy/sell only. but i dont make the rules So buying something on the market, breaking it down, then putting the new items on the market is not market related? You say the market is buy/sell only. So if someone buys something and moves it one jump it is no longer market related. I agree hauling was involved... but the buying/selling is still happening. Tanking Setups Compared Stacking Penalty / Resists Explained
Kyrial Tidolfas	Posted - 2008.01.17 05:31:00 - [79] Originally by: Shadarle Originally by: Kyrial Tidolfas edit: i must add. buying underpriced items to reprocess is not really that market related. in the strict sense that market is buy/sell only. but i dont make the rules So buying something on the market, breaking it down, then putting the new items on the market is not market related? You say the market is buy/sell only. So if someone buys something and moves it one jump it is no longer market related. I agree hauling was involved... but the buying/selling is still happening. so i could buy a BPO then sell the stuff i make. i mean i am buying and sellnig right. the intermediate process [reprocess/manufacture] is irrelevant???
Kyrial Alt	Posted - 2008.01.17 05:49:00 - [80] Originally by: Kyrial Tidolfas Originally by: Shadarle Originally by: Kyrial Tidolfas edit: i must add. buying underpriced items to reprocess is not really that market related. in the strict sense that market is buy/sell only. but i dont make the rules So buying something on the market, breaking it down, then putting the new items on the market is not market related? You say the market is buy/sell only. So if someone buys something and moves it one jump it is no longer market related. I agree hauling was involved... but the buying/selling is still happening. so i could buy a BPO then sell the stuff i make. i mean i am buying and sellnig right. the intermediate process [reprocess/manufacture] is irrelevant??? touche
Bouncer Ricdic	Posted - 2008.01.17 06:03:00 - [81] I guess you are probably right, but either way the plan is to work in trade. The main idea behind stating it as such was that there would be no mining, no training of spaceship command skills, no killing of any sort, etc. I didn't specifically mention production but I can state now I won't be engaging in any production.
Deez Onit	Posted - 2008.01.17 06:09:00 - [82] Edited by: Deez Onit on 17/01/2008 06:09:31 Edited by: Deez Onit on 17/01/2008 06:09:05 His method of breaking down items into minerals and reselling them is something every good trader does... Nothing out of the ordinary there.. For him to buy a BPO and produce something would be manufacturing not trading... He's still falling under the realms of trading buy breaking down into minerals and reselling. If you're a trader and don't use this practice you are doing something wrong...
B'wana Market Jihadist Revolutionary Party	Posted - 2008.01.17 06:12:00 - [83] Originally by: Deez Onit His method of breaking down items into minerals and reselling them is something every good trader does... Nothing out of the ordinary there.. For him to buy a BPO and produce something would be manufacturing not trading... He's still falling under the realms of trading buy breaking down into minerals and reselling. If you're a trader and don't use this practice you are doing something wrong... The Market Jihadist Revolutionary Party fully endorses this product!!11!!!
Le Thumper	Posted - 2008.01.17 06:34:00 - [84] Noob Question Quote: - Full tracking through EMMA (Ambo's software) What is EMMA software? (Link will do)
Bouncer Ricdic	Posted - 2008.01.17 06:45:00 - [85] Originally by: Le Thumper What is EMMA software? (Link will do) EMMA
Jackie Fisher	Posted - 2008.01.17 08:46:00 - [86] Originally by: SencneS Originally by: Jackie Fisher 10 mil that he will pass 1.1 bil in the month? I'll take you up on that if you are willing to gamble with a stranger. So for Jackie Fisher if he makes it over 1,100,000,000.00 ISK in assets/escrow/ISK you pay me 10mil, if not I pay you 10mil. I'll take that. Agreed. The really interesting part of the exercise will be if it costs all the people making bets more in lost revenue from wasting time to keep checking this thread than they win/lose on their bets.
ChongSaiKei	Posted - 2008.01.17 09:24:00 - [87] just a thought anybody could cheat and create an alt to buy/sell stuffs to him. and i'll say this again, its just a thought.
Kyrial Tidolfas	Posted - 2008.01.17 09:33:00 - [88] Originally by: ChongSaiKei just a thought anybody could cheat and create an alt to buy/sell stuffs to him. and i'll say this again, its just a thought. lol. actually i will bet 3b that he succeeds.
LaVista Vista Conservative Shenanigans Party	Posted - 2008.01.17 09:42:00 - [89] Originally by: Kyrial Tidolfas Originally by: ChongSaiKei just a thought anybody could cheat and create an alt to buy/sell stuffs to him. and i'll say this again, its just a thought. lol. actually i will bet 3b that he succeeds. 1. How did you get 3b? 2. Are you sure you dont wanna bet 50mill that this is a scam?
Lieutenant Obvious Caldari Thundercats RAZOR Alliance	Posted - 2008.01.17 09:54:00 - [90] This screams for a new bond. How about: Name: Bond... Jita Bond. Capital: 5 billion isk bond. Plan: Bet on Ricdic. Payout: 0.1% per month for 1 month. Possibility of buy back at end of sca... scheme. Risks: I decide that your 5 bill is easier to acquire than his 1 bill. Then I run away. Any orders? 100m/ticket.

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