FYI: Some truth to Real investments into Entropia Universe

[Lorespade]

Originally Posted by Kiriku Surgun

Interesting thought.. MA we might trust, but what if MA screws up or gets fucked by something unforseen and go bankrupt. Than a thirt party might decide that some other debt owner (if you call it that way) may Claim assets before clients can.

(For instant a house owner is ranked high and the electric bill is ranked lower by law and how the whole system works I do not know, but where do the clients stand? which rank?)

It is just a scenario but it could happen I geuss, even if MA is 100% trust worthy.

Then a very important question we need to ask Mindark is if they becouse they have a banking licence. if there is any insurence on our investments.

Like in America Banks are insured by the FDIC i think and that insures the account holders a certain amount of money in the event of Bank Failure. Account holders At Washington Mutual one of the banks that went under and purchanced by J.P Morgan Chase bank. well if you had over 100k usd in the bank anything over that amount was lost.

I dont know about swedish banks having the same method of protections. but it is an important question that needs to be asked.

[n55w131]

Originally Posted by mastermesh

can't be too crazy - you did after all figure out how to use colors in your posts, lol

Can't go too far on this one cause he hasn't figured out spell checker yet...

On a side note: The word "Gambling" can be applied to everything we do that is Risk based. The words are interchangable, so in the case of investments, we take Risks (Gamble), the higher or lower the risk, the higher or lower the returns. The only time your not taking risks or gambling is when something is guaranteed. And for all I can attest to, the only thing truly guaranteed in life, is Death and Taxes.

Cheers.

[Kiriku Surgun]

Originally Posted by n55w131

Can the only thing truly guaranteed in life, is Death and Taxes.

Cheers.

says who? What is life and what is death ? how do you see that, as for humans, life in the sense that blood is running trough some vains? and dead in the sense of the brains not functioning anymore? Death can only come after life, but what if life is not a fact just a perception.
So what garantees are there, and if you would see life as a fact and guaranteed, when does it start?

I think it is a simple quotation wih to many flaws..
guarantees are an invention of human thoughts, it has nothing to do with the laws of nature, and also the laws of nature are only based on the findings untill this far, we may tell ourself we know allot, but you know what you know, it might be flawed and it might be incomplete, if there is something you dont know,well you just dont know.
Hope you can follow this, and guarantees are never 100% guaranties since ''the unthinkable'' or ''the highly unlikely'' may swoop the guarantee in the garbage bin..

[Kiriku Surgun]

Originally Posted by Lorespade

Some words i produce is only Truth the way i see it, so it is based on openion.
I ask that you forgive the incoherant thought paterns and bouncing topics where they form.

This is not true.
It is not the truth the way you see it, it is merly your judged asumption since there are no facts involved. If there are facts it will be your truth, throw the same fact on the table and people develop their own truth as well, perhaps not similar to your own truth but the facts are the same. So there is no absolute truth and then you are able to say it is your truth.

This is the way indeed you see it, but not based on your opinion of the facts, only the asumptions you have made, perhaps on experiance and forum or a simple geuss, and with that you have constructed a opinion which you hold for true, that is only because there is a judgement.
And one man wisely spoke:"once a man judged, he cannot see" that is because the judgement you made, has made it true. Truth however is based on facts.

[Profit]

Originally Posted by Kiriku Surgun

says who? What is life and what is death ? how do you see that, as for humans, life in the sense that blood is running trough some vains? and dead in the sense of the brains not functioning anymore? Death can only come after life, but what if life is not a fact just a perception.
So what garantees are there, and if you would see life as a fact and guaranteed, when does it start?

I think it is a simple quotation wih to many flaws..
guarantees are an invention of human thoughts, it has nothing to do with the laws of nature, and also the laws of nature are only based on the findings untill this far, we may tell ourself we know allot, but you know what you know, it might be flawed and it might be incomplete, if there is something you dont know,well you just dont know.
Hope you can follow this, and guarantees are never 100% guaranties since ''the unthinkable'' or ''the highly unlikely'' may swoop the guarantee in the garbage bin..

Err...
Are you serious? Is this a semantics battle, or am I missing something?


[edit]
Now I see your second post too..
Dude, you really need to get outside LOL

[Kiriku Surgun]

Originally Posted by Profit

Err...
Are you serious? Is this a semantics battle, or am I missing something?


[edit]
Now I see your second post too..
Dude, you really need to get outside LOL

Semantics, yeah.
Battle, No

I am not here for right or wrong or winning anything, merly expressing my perspective in sake of distraction. But what do you know? Your tip would not be very healthy atm. I know what I need.

[Lorespade]

Originally Posted by n55w131

Can't go too far on this one cause he hasn't figured out spell checker yet...

On a side note: The word "Gambling" can be applied to everything we do that is Risk based. The words are interchangable, so in the case of investments, we take Risks (Gamble), the higher or lower the risk, the higher or lower the returns. The only time your not taking risks or gambling is when something is guaranteed. And for all I can attest to, the only thing truly guaranteed in life, is Death and Taxes.

Cheers.

Well its more of how governments define investment, and gambling. based on risk. we dont have casino's everywhere afterall. but yet we have markets that use investment. So. yeah. i do agree, but on the terms of what is legal is the grounds of my words.

[n55w131]

Originally Posted by Lorespade

Well its more of how governments define investment, and gambling. based on risk. we dont have casino's everywhere afterall. but yet we have markets that use investment. So. yeah. i do agree, but on the terms of what is legal is the grounds of my words.

Legal!

You got me there...

I was just speaking in terms of priciple. If investsments are legal, and gambling is legal, I bet the governement is involved for the purpose of regulation, and/or is it taxes...

[n55w131]

Originally Posted by Kiriku Surgun

says who? What is life and what is death ? how do you see that, as for humans, life in the sense that blood is running trough some vains? and dead in the sense of the brains not functioning anymore? Death can only come after life, but what if life is not a fact just a perception.
So what garantees are there, and if you would see life as a fact and guaranteed, when does it start?

I think it is a simple quotation wih to many flaws..
guarantees are an invention of human thoughts, it has nothing to do with the laws of nature, and also the laws of nature are only based on the findings untill this far, we may tell ourself we know allot, but you know what you know, it might be flawed and it might be incomplete, if there is something you dont know,well you just dont know.
Hope you can follow this, and guarantees are never 100% guaranties since ''the unthinkable'' or ''the highly unlikely'' may swoop the guarantee in the garbage bin..

I think you took that just a bit to deep...

[n55w131]

Originally Posted by Lorespade

Then a very important question we need to ask Mindark is if they becouse they have a banking licence. if there is any insurence on our investments.

Like in America Banks are insured by the FDIC i think and that insures the account holders a certain amount of money in the event of Bank Failure. Account holders At Washington Mutual one of the banks that went under and purchanced by J.P Morgan Chase bank. well if you had over 100k usd in the bank anything over that amount was lost.

I dont know about swedish banks having the same method of protections. but it is an important question that needs to be asked.

Unless your country adopts Virtual Peds as offical currancy you have no true vested $$$ in this game. MA could flip that big black switch on the wall tomorow, and poof... Everytrhing you think has some real $$$ value in this game is gone. Read the very first white page that you agree to when you sign in. You are accepting these terms, and forfit any recourse when you select I accept.

So if you think you have some legal recourse as to the $$$ you put into this game, that we are not aware of, please share it with us.