The Latest Eve Scam
Posted: 2011-08-12 Filed under: eveonline | Tags: scam 6 Commentshttp://www.phaserinc.com/index1.html
For those who have forgotten how to left click, the above is the manefesto of the latest Eve scam (hence the clever title) in which some people took about a trillion isk from slightly less smart people via a ponzi scheme, which is ironic because we actually had a ponzi scheme in real life recently, via one Bernie Madoff.
Or as the kindly old lady that lives across the street from me calls him, “that rotten bastard of a man”. Here’s how a ponzi scheme works, as far as I can tell.
Person A is the ponzi….er? Person’s B and C are the ponziee….es.
Person A says to Person B “If you give me an investment I will pay you back a percent of my profits”. Person B, being a typical Eve player tells Person A to fuck off. Person C being a Wow player says “sure!” and gives him 100 bucks, which entitles him to ten bucks a month until he takes the money back from Person A. Person A then goes to a bunch of other people and asks them for money under the same conditions. He uses their money to pay back person B’s 10 bucks a month as well as everyone else’s percents until they tell all their friends to give Person A money because look at all the money he gave us.
Once the scheme reaches critical mass(Either Person A has as much money as he wants or new people don’t join fast enough for him to pay off the people who have already given him money) he buys a boat and flies away forever with your money, fuck you.
So, this happened. I’d say to never trust anyone in Eve but with my recent embargo into trading(I’m not Blake but I’m starting to get the hang of it) I may be asking for investment at some point.
In conclusion trust no-one except for kindly old Mr. Miningzen, because he never loses ships/isk, doesn’t owe several other people billions of isk and loves you all to pieces.
I think giving money to someone in EVE is who “needs money” very similar to giving money to someone in real life who “needs money”. The odds of getting the money returned is slim-to-none.
Until some version of a FDIC exists in EVE, I will never deposit money.
Having a bank (an bankers) in EVE isn’t a bad idea, but there would have to be auditors, enforcement and insurance for investors.
I still believe it’s strange that a real bank can take-in $10 and loan out $100. Banks can effectively create money.
Dave
There will never be an FDIC in EVE, things like this are just too much fun to read about.
On a personal note, my feelings towards this entire thing are “I fucking called it”, “good job”, and “jester fucking called it when he said before end of year there’d be a trillion isk scam”.
EVE Forums Investment in MD is a whole mini game in itself. Its always one scam after the next after the next after the next. I have to laugh sometimes at this as its entertaining reading. I can only predict the next biggest scam in EVE is already at work and will top and surpass 1 Trillion soon.
Mr. Miningzen, because he never loses ships/isk,
-I lol’ed-
doesn’t owe several other people billions of isk
-I really fucking lol’ed-
and loves you all to pieces.
-ok that part may be true
Also: had fucking called it as soon as people started talking about it. also haav0c’s sister is hawwwwwt! or must be because he wont let me see any photographic evidence of her existence.
Is she the one with the t-shirts? 😀
I think the likelihood of trusting someone in Eve is inversely proportional to the ability to hit the borrower – repeatedly – in the face with blunt objects.
While Eve thrives on these great tales of shenanigans and larger and larger thefts, I can’t find myself admiring the perpetrators. In Eve you don’t need skills to pull of a heist, you don’t need to fear reparations or punishment – there’s simply no way to be held accountable since you can easily buy another character (via a freshly spawned alt) and continue on with a new face.
So, congratulate a guy for lying his face off with no fear of retribution or accountability? Don’t think so.
no, thats a different girl. And you’re not seeing a linky dammit.