R&R Fund - Page 5

Richard Devil · 10-02-2007, 16:29

Quote:

Originally Posted by Oleg

That would depend on whether you use an artifically inflated markup or whether you make a small commission of a PED or two.

I note that you're not answering the question. And I think that you know very well what I'm talking about, you're just avoiding the issue.

Im just trying to show that there is basically no difference between resseller and a trader, it all is in context.

They both provide their service.

A person who buys an item of the auction and reposts it again with higher markup first takes a risk. Second he does the seller a favour, the bo usually is the price the seller would accept for that item. Even though no crafter could want it at that time. So if you look from the sellers percpective he sold his item quickly and doesnt have to worry about anything else, he got his bo. The crafter could be the seller, the hunter could be the seller or the miner.

The buyer on the other hand, well he only buys if he is comfortable with the price. So the resseller will obviously be forced to lower the price to that so the buyer buys. Now why ressellers are hated is because they make profit here, but hey wait a second, they did the seller a favour, then they do the buyer a favour by always having the item up there. Time is money.

So if u have a clear definition of a resseller/trader or a concrete question on my activities inside trading, please ask? But in my bussiness i try to make everything precise, so i dont regret my answers.

Your question of make a ped or two still is to vague. If an item is worth 2ped, and i sell for 4ped, thats worse then if item is worth 20k ped and i sell for 30kped. I inflate it by a higher % markup on the first.

Richard Devil · 10-02-2007, 16:33

What i can say concretely is the following statements:

No seller or buyer i ever traded with was left unhappy.
If there is more then one item in the auction group, and im selling mine, it wont be the most expensive(Even with me making profit).
I provide all support in limits i can to people who buy an item from me, and ask me for help.

But the biggest point is. I pay interest to investors, so if i do end up being of what u think a market manipulator, (lets say we defined it), i still put part of my profits back to the people of eu. Hence the profit i make, part of it goes back to the sellers, traders, i buy from. So in no way i can possibly be worse then any reseller trader out there, wouldnt u aggree?

Vedder · 10-02-2007, 16:44

Quote:

Originally Posted by Richard Devil

...BTW its been running for 3 months, one investor already cashed out, i can ask him to post here, he knew me for a while too, and is resepctable in the community.
...

Yes, that's exactly how the Ponzi scheme works.
You don't have to remind us of it, we're already aware.

Richard Devil · 10-02-2007, 16:49

Quote:

Originally Posted by Vedder

Yes, that's exactly how the Ponzi scheme works.
You don't have to remind us of it, we're already aware.

Yes true thats how ponzi scheme works...

I feel the only way to prove that its not is auctually start showing where and how much money i made, but the downside, is that i would be revealing something to others, and they will look for related opportunity. Which would basically be me digging my own grave in terms of profiting.

Ill be back in an hour or two to answer more questions if needed be.

Oleg · 10-02-2007, 16:58

Quote:

Originally Posted by Richard Devil

Im just trying to show that there is basically no difference between resseller and a trader, it all is in context.

There is a big difference, as recently discussed in this thread:

What things in AUCTION can sell easily?

You still haven't answered my question, so I'll make it simple for you.

Do you buy mid- to high-end armours and weapons and relist them at a higher price? Yes, or no?

leezhizheng · 10-02-2007, 17:23

Quote:

Originally Posted by Oleg

There is a big difference, as recently discussed in this thread:

What things in AUCTION can sell easily?

You still haven't answered my question, so I'll make it simple for you.

Do you buy mid- to high-end armours and weapons and relist them at a higher price? Yes, or no?

Quote:

Originally Posted by Richard Devil

I could give u a full list of activities in which im involved as far as trading goes, however its a traders secret. I can explain to u how i make money, but then u can make the same money.
But the items i trade in, well it depends.

hope this help

btw i m the one who cash out

haven't receive my money yet
will post when i receive them

Richard Devil · 10-02-2007, 18:36

Quote:

Originally Posted by Oleg

There is a big difference, as recently discussed in this thread:

What things in AUCTION can sell easily?

You still haven't answered my question, so I'll make it simple for you.

Do you buy mid- to high-end armours and weapons and relist them at a higher price? Yes, or no?

Your question is again vague. Relist them where? when? Mid could be considered ghost, could be nemi.

And to answer that question, or close to it. I saw a cheap deal here for ff8000 a while back, bought it. Ended up selling it for 25% higher 3 weeks later to a friend of mine who was looking for it.

Richard Devil · 10-02-2007, 18:37

Quote:

Originally Posted by leezhizheng

hope this help

btw i m the one who cash out

haven't receive my money yet
will post when i receive them

Thanks for the help

About your money, i just got home, ill get on pm u

Didnt catch u on yesterday.

leemcumiskey · 10-02-2007, 18:58

Stay away i say that rock solid advice.

Oleg · 10-02-2007, 19:36

Quote:

Originally Posted by Richard Devil

Your question is again vague. Relist them where? when? Mid could be considered ghost, could be nemi.

And to answer that question, or close to it. I saw a cheap deal here for ff8000 a while back, bought it. Ended up selling it for 25% higher 3 weeks later to a friend of mine who was looking for it.

You must be the only one reading this thread who doesn't understand what I am asking. Or rather you claim not to, I don't for a moment believe you.

Your reluctance to answer a simple question betrays a remarkable lack of integrity.

The (perceived) market rate for that Fireforge has increased by around 800 PED over the last year due to market manipulation. Given what you have said, and refused to say, I can only assume that you are partly responsible for this.

Such activity is ruining this game for genuine players who are unable to improve their equipment without paying a massively over-inflated price, and anyone who invests in you will only be increasing the problem (and at great risk, given your evasiveness).