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Bad Bobby
The Dirty Rotten Scoundrels
HYDRA RELOADED
Posted - 2010.09.04 13:41:00 - [91]
 

Originally by: Vaerah Vahrokha
850 billions or even 850 trillions are worthless when your name is in the mud forever

I have been a pirate for most of my eve life. I hunt the weak and the foolish, I blow up their ships, pop their pods and take their stuff. That reputation is not harmed in the least by this scam.

The reputation that I had for honesty and competence in business that was forged within MD was cashed in for 850b. I felt that to be the optimal exchange rate that I was going to get, with time and effort factored in.

Also, the only "name in the mud" as far as this is concerned is Bad Bobby and other known alts. I have other names that are not so effected and have plenty of reputation to work with. It didn't take me long to build Bad Bobby and it didn't take me long to build the others. Once you learn the skills to build and sell reputation then it is those that are important, the reputation itself is just the commodity you trade in.
Originally by: Vaerah Vahrokha
expecially in a game where the only valuable and lasting currency is fame and honor.

If it's currency then it's there to be spent.

The most valuable thing to me is the continued comradeship of those I fly with. That is something that I would never part with and would never consider currency. My recent actions have not harmed that in the least bit.
Originally by: Caleb Ayrania
there will always be people ingame that know who you are in RL, and what you did. Sure these might be close enough to not "rat" on you.. but seriously.. You have to live with this stigma the rest of your life..

Would anyone here ever trust someone with an action like this in their past?

I have experienced first hand how your view change once a friend shows this side of their personality..

I dont understand why people sell their morales for isk or RL money.. Not that I dont understand the greed and lure, just the blemish you have to carry is not worth it imo..

Oh no! My Karma!

Oh no! My RL reputation!

Oh no! My interweb stalkers!

How will my workmates and customers feel about the fact that I've hurt other players in a competitive PvP focused computer game in which I play a pirate? At the moment they are trying their best to stop rolling around with laughter. Maybe in time they will decide that I am evil and must be hunted down and made an example of... I doubt it somehow.

Bad Bobby
The Dirty Rotten Scoundrels
HYDRA RELOADED
Posted - 2010.09.04 13:44:00 - [92]
 

Originally by: Ramingo
I never checked your financials, but how much isk did you repay investors in dividends since day 1?.

Originally by: Bad Bobby
Dividend history:

4185m (of 4500m profits) distributed on 2010.03.22 between 204,000 shares (2.05%)
1302m (of 1400m profits) distributed on 2010.03.28 between 204,000 shares (0.64%)
1692m (of 1820m profits) distributed on 2010.03.31 between 204,000 shares (0.83%)
5050m (of 5430m profits) distributed on 2010.04.21 between 204,000 shares (2.47%)
5208m (of 5600m profits) distributed on 2010.05.16 between 274,000 shares (1.90%)
6510m (of 7000m profits) distributed on 2010.08.01 between 342,000 shares (1.90%)
1488m (of 1600m profits) distributed on 2010.08.01 between 342,000 shares (0.43%)
7440m (of 8000m profits) distributed on 2010.08.09 between 342,000 shares (2.17%)
930m (of 1000m profits) distributed on 2010.08.14 between 342,000 shares (0.27%)
5952m (of 6400m profits) distributed on 2010.08.17 between 342,000 shares (1.74%)


Janya Rykayn
Posted - 2010.09.04 13:56:00 - [93]
 

Edited by: Janya Rykayn on 04/09/2010 13:58:43
Quote:
No one really thought about him scamming.


Really? Nobody really thought about someone named Bad Bobby, who looks like a little boy who just robbed the candy store, scamming?

Really?

Every time I've seen Bad Bobby's name in connection with one of his investments, I wondered "What kind of person would be stupid enough to invest in a person named Bad Bobby?"

I guess now I know.

A scammer once told me, "It's not enough to just scam, you have to scam with a completely untrustworthy looking alt." Calling the alt Bad Bobby is even more humorous.

Bad Bobby
The Dirty Rotten Scoundrels
HYDRA RELOADED
Posted - 2010.09.04 14:00:00 - [94]
 

Originally by: Scott McClellan
Granted there's a higher risk of a scam with the newer offerers, but it seems the risk was not even considered in the case of BB.

This is a clear sign that it's time to cash in a reputation. When you have done enough that the majority of people trust you without question then there is little to gain from further developing that reputation. Then is the time to gather as much wealth as you can and run. Any time spent further building that reputation would be better spent on another alt ready for the next scam.

For a person who takes pleasure in serving the community, like Chribba, this logic does not apply. Whereas for a person who takes pleasure in defeating others, like me, this is simply effective strategy.

Berikath
Posted - 2010.09.04 14:05:00 - [95]
 

Edited by: Berikath on 04/09/2010 14:07:37
Originally by: Bad Bobby
Originally by: Ramingo
I never checked your financials, but how much isk did you repay investors in dividends since day 1?.

Originally by: Bad Bobby
Dividend history:

4185m (of 4500m profits) distributed on 2010.03.22 between 204,000 shares (2.05%)
1302m (of 1400m profits) distributed on 2010.03.28 between 204,000 shares (0.64%)
1692m (of 1820m profits) distributed on 2010.03.31 between 204,000 shares (0.83%)
5050m (of 5430m profits) distributed on 2010.04.21 between 204,000 shares (2.47%)
5208m (of 5600m profits) distributed on 2010.05.16 between 274,000 shares (1.90%)
6510m (of 7000m profits) distributed on 2010.08.01 between 342,000 shares (1.90%)
1488m (of 1600m profits) distributed on 2010.08.01 between 342,000 shares (0.43%)
7440m (of 8000m profits) distributed on 2010.08.09 between 342,000 shares (2.17%)
930m (of 1000m profits) distributed on 2010.08.14 between 342,000 shares (0.27%)
5952m (of 6400m profits) distributed on 2010.08.17 between 342,000 shares (1.74%)




So.... 40 bil. How much of that got reinvested into your "expansions"?

I must say.... I don't really approve, but I have to give you credit. Well played.

*edit*

Originally by: Bad Bobby
This is a clear sign that it's time to cash in a reputation. When you have done enough that the majority of people trust you without question then there is little to gain from further developing that reputation. Then is the time to gather as much wealth as you can and run. Any time spent further building that reputation would be better spent on another alt ready for the next scam.

For a person who takes pleasure in serving the community, like Chribba, this logic does not apply. Whereas for a person who takes pleasure in defeating others, like me, this is simply effective strategy.
So, question...

One would presume that you'd be hard pressed to spend your 850 bil. Hell, I expect you and all your friends would be hard pressed to spend it.

Given this, do you expect that you will set up new and different scams with new and different characters, just for the fun of it?

Cista2
Hydra Investment Fund
Posted - 2010.09.04 14:08:00 - [96]
 

Originally by: Bad Bobby
The most valuable thing to me is the continued comradeship of those I fly with.
That's sweet. But why are you still here then? You are history, go fly with your friends. Your attention-seeking is getting tiresome very fast, stop clogging up my page 1, there are real businesses to attend to.

Breaker77
Gallente
Reclamation Industries
Posted - 2010.09.04 14:09:00 - [97]
 

Originally by: Bad Bobby

Also, the only "name in the mud" as far as this is concerned is Bad Bobby and other known alts. I have other names that are not so effected and have plenty of reputation to work with. It didn't take me long to build Bad Bobby and it didn't take me long to build the others. Once you learn the skills to build and sell reputation then it is those that are important, the reputation itself is just the commodity you trade in.



For the next year audits will be required for any offering to make sure it's not a Bobby alt Laughing


Bad Bobby
The Dirty Rotten Scoundrels
HYDRA RELOADED
Posted - 2010.09.04 14:13:00 - [98]
 

Originally by: Janya Rykayn
Quote:
No one really thought about him scamming.


Really? Nobody really thought about someone named Bad Bobby, who looks like a little boy who just robbed the candy store, scamming?

Really?

Every time I've seen Bad Bobby's name in connection with one of his investments, I wondered "What kind of person would be stupid enough to invest in a person named Bad Bobby?"

I guess now I know.

A scammer once told me, "It's not enough to just scam, you have to scam with a completely untrustworthy looking alt." Calling the alt Bad Bobby is even more humorous.

Going from running a 9b isk bond directly into running a 200b+ IPO using a character that is a known pirate, with known scammer sympathies, who has never been audited, who to that point had never returned any invested isk, who has the name "Bad Bobby", who belongs to a corp called "The Dirty Rotten Scoundrels"...

I call that a challenge.

So if we say that I've just completed the game in hard mode... what does nightmare difficulty have in store for me?
Originally by: Berikath
Given this, do you expect that you will set up new and different scams with new and different characters, just for the fun of it?

Of course. I need to improve my high score and do so under much harsher conditions. It's a game after all and you haven't completed the game until you've unlocked every feature at the hardest difficulty.

Janya Rykayn
Posted - 2010.09.04 14:15:00 - [99]
 

Quote:
what does nightmare difficulty have in store for me?


Do it again, as Bad Bobby. THEN I'll be impressed.

Berikath
Posted - 2010.09.04 14:15:00 - [100]
 

Originally by: Breaker77
Originally by: Bad Bobby

Also, the only "name in the mud" as far as this is concerned is Bad Bobby and other known alts. I have other names that are not so effected and have plenty of reputation to work with. It didn't take me long to build Bad Bobby and it didn't take me long to build the others. Once you learn the skills to build and sell reputation then it is those that are important, the reputation itself is just the commodity you trade in.



For the next year audits will be required for any offering to make sure it's not a Bobby alt Laughing




.... he made 850 bil. It costs him all of $5 US to create a completely fresh account with no possible ties to tainted ones. He can then go out and buy a 5 year old character for basically pocket change for him.

Audits to make sure they aren't his alts are pretty pointless.

Bad Bobby
The Dirty Rotten Scoundrels
HYDRA RELOADED
Posted - 2010.09.04 14:16:00 - [101]
 

Originally by: Cista2
Originally by: Bad Bobby
The most valuable thing to me is the continued comradeship of those I fly with.
That's sweet. But why are you still here then? You are history, go fly with your friends. Your attention-seeking is getting tiresome very fast, stop clogging up my page 1, there are real businesses to attend to.

Ooh... handbags.

Llu
Posted - 2010.09.04 14:17:00 - [102]
 

Edited by: Llu on 04/09/2010 14:17:55
Originally by: Bad Bobby
So if we say that I've just completed the game in hard mode... what does nightmare difficulty have in store for me?

Setting up a 10+ Billion non secured IPO successfully with the Bad Bobby character on the MD forum (doing it in game would be far to easy).

Laughing

Bad Bobby
The Dirty Rotten Scoundrels
HYDRA RELOADED
Posted - 2010.09.04 14:24:00 - [103]
 

Originally by: Janya Rykayn
Quote:
what does nightmare difficulty have in store for me?


Do it again, as Bad Bobby. THEN I'll be impressed.

Please ladies and gentlemen give a warm MD welcome to the largest undefeated scammer, comming back from retirement for one last scam. Yes it's...

Baaaaaaaad Bobby!

No. That dog just won't hunt.

Mme Pinkerton
The pink win
Posted - 2010.09.04 14:26:00 - [104]
 

Edited by: Mme Pinkerton on 04/09/2010 14:28:18
Originally by: Bad Bobby

Originally by: Vaerah Vahrokha
expecially in a game where the only valuable and lasting currency is fame and honor.

If it's currency then it's there to be spent.

QFT

"fame" depreciates extremely fast in EVE (e.g. ask any newer players about Dark Shikari; don't kid yourself into believing that Akita would stay "famous" much longer then him if she were to stop posting) and is really not coupled with ethics - Istvaan Shogatsu is probably still one of the most famous EVE players despite his business being organized crime^^.

Honor is always matter to personal interpretation - the newbie who gets blackmailed into paying the whole contents of his wallet to pirates and has to sing some silly song on EVE voice on top of that won't probably think of his aggressors as being honorable capsuleers. On the other hand the pirates themselves might think that their honor is the main thing setting them apart from other pirate corporations, as they are proud to honor their ransoms.
That you happen to think of Bad Bobby's deed as unhonorable doesn't imply that everyone in EVE or even the majority of MD readers does share your opinion. For many people Bad Bobby's name might not be "in the mud" at all.

The new EVE trailer advertises theft on an alliance level as a nifty feature of gameplay and a very large part of the playerbase (everyone except for CVA?) seems to think that the alliance/spy metagame carries no serious ethical problems.

Yet, if you betray your corpmates or fellow alliance directors you usually betray people you have a much closer relationship with than with some more-or-less anonymous investors whose only interest is to leech the rewards of your work.

One of the things that attracted me to stay with EVE past the free trial was reading the stories of EIB, GHSC and the Nightfreeze scam linked earlier in this thread. Scamming is IMO as much a cherished part of EVE as unconsentual pvp; this does of course not imply that one shouldn't try to prevent people from being able to scam; but the constant problem of getting scammed adds a lot to MD which would be an extremely dull forum if investments ever could be "safe".

Thrasymachus TheSophist
Posted - 2010.09.04 14:29:00 - [105]
 

Originally by: Bad Bobby
Going from running a 9b isk bond directly into running a 200b+ IPO using a character that is a known pirate, with known scammer sympathies, who has never been audited, who to that point had never returned any invested isk, who has the name "Bad Bobby", who belongs to a corp called "The Dirty Rotten Scoundrels"...

I call that a challenge.



Less a challenge then simply a reflection of the pure idiocy that is this game's player base. People like to brag that Eve is for the "smart and mature playerbase". Hahah.

Once again proving that standing on the sidelines is the only intelligent move ....

Spectre80
Caldari
The Knights Templar
Cascade Imminent
Posted - 2010.09.04 14:29:00 - [106]
 

lol people still trusting money to someone elses hands in this game? i have never trusted anyone in this game and never will. best way to keep my iskies to myself. Very Happy

Nobzy
Posted - 2010.09.04 14:31:00 - [107]
 

[Sarcasm] Never thought this would happen, because all of the major meta business' who hold hundreads of billions usually always succeed![/Sarcasm]


Congrats, well played!

Also, what will you be doing with all that money? I hear only way to utilize vast sums of money is to invest.

Jackie Fisher
Syrkos Technologies
Joint Venture Conglomerate
Posted - 2010.09.04 14:32:00 - [108]
 

Originally by: Bad Bobby
No. That dog just won't hunt.

Yet.

Didn't Riethe manage it?

Agent 42
Gallente
RADIO RAMPAGE
Posted - 2010.09.04 14:53:00 - [109]
 

Edited by: Agent 42 on 04/09/2010 14:53:17
Quote:
lol people still trusting money to someone elses hands in this game? i have never trusted anyone in this game and never will. best way to keep my iskies to myself. Very Happy


Never underestimate the power of greed and naivety. I love it though, a perfect reflection of the real world economy. People getting robbed blind with virtually no consequences for the crooks.

Alexandre VII
Posted - 2010.09.04 14:55:00 - [110]
 

Originally by: Jackie Fisher

Yet.

Didn't Riethe manage it?


I am NOT a Riethe fanboy, and not to take away from Bad Bobby here but seriously...if BB is playing on Hard, then Riethe plays on Nightmare.

I would also argue that this in no way is the same calibur as TGHSC scam. That took engineering, cunning, and class. Again, not taking away from the 850b here....just giving my opinion on an internet spaceship game.

I am entertained

Alexandre VII
Posted - 2010.09.04 15:02:00 - [111]
 

I just thought of an original way for the story to live forever.

BB...Put a 1 bil bounty on yourself at all times. ISK has no meaning anymore (for you), and you would not be giving it away to beggars (above posts).

Plus it would make your PVP VERY unique.

Bad Bobby
The Dirty Rotten Scoundrels
HYDRA RELOADED
Posted - 2010.09.04 15:05:00 - [112]
 

Originally by: Alexandre VII
if BB is playing on Hard, then Riethe plays on Nightmare.

I'll ask him what he thinks of that. I have a great deal of respect for Riethe, even though I generally insist on spelling his name wrong whenever we talk.
Originally by: Alexandre VII
I would also argue that this in no way is the same calibur as TGHSC scam. That took engineering, cunning, and class.

GHSC were pioneers. I can never truely better them because they got their first.

Bad Bobby
The Dirty Rotten Scoundrels
HYDRA RELOADED
Posted - 2010.09.04 15:12:00 - [113]
 

Originally by: Alexandre VII
I just thought of an original way for the story to live forever.

BB...Put a 1 bil bounty on yourself at all times. ISK has no meaning anymore (for you), and you would not be giving it away to beggars (above posts).

Plus it would make your PVP VERY unique.

Garmon, myself and others already fly about in silly expensive PvP ships that drop massive loot. It can help us get a fight. It can help boost our adrenaline. It can also get us blobbed to high heaven. We are still interested in fun PvP. Getting camped, blobbed and fleet bridged wherever we go isn't really what we are looking for. I don't think we need do anything else to paint targets on our foreheads.

Berikath
Posted - 2010.09.04 15:16:00 - [114]
 

Edited by: Berikath on 04/09/2010 15:20:02
Originally by: Alexandre VII
Originally by: Jackie Fisher

Yet.

Didn't Riethe manage it?


I am NOT a Riethe fanboy, and not to take away from Bad Bobby here but seriously...if BB is playing on Hard, then Riethe plays on Nightmare.

I would also argue that this in no way is the same calibur as TGHSC scam. That took engineering, cunning, and class. Again, not taking away from the 850b here....just giving my opinion on an internet spaceship game.

I am entertained
You could argue that simplicity and elegance is just as impressive as complexity and finesse. I doubt anyone can even approach BB's returns as far as isk/effort. I would be surprised if he made less than a billion ISK/hr, and I can't imagine he made less than 500 mil. Just that is really pretty mind-boggling.

*edit*
Originally by: Bad Bobby
Garmon, myself and others already fly about in silly expensive PvP ships that drop massive loot. It can help us get a fight. It can help boost our adrenaline. It can also get us blobbed to high heaven. We are still interested in fun PvP. Getting camped, blobbed and fleet bridged wherever we go isn't really what we are looking for. I don't think we need do anything else to paint targets on our foreheads.


Hey- you have 850 bil. You could put a bil ISK bounty on yourself then just retire that character- buy one with twice the skill points, leave it on the same account, and then get the best of both worlds: you don't get blobbed, AND your name stays at the top of the list forever.

I mean, w/e, it's your money- but you can have both the permanent fame AND the non-blob PVP.

Alexandre VII
Posted - 2010.09.04 15:18:00 - [115]
 

Originally by: Bad Bobby
GHSC were pioneers. I can never truely better them because they got their first.


Much respect for your humility after pulling the biggest ISK scam in EVE history. Itís nice to see someone take a game as a game should be taken. Despite the fact that internet spaceships are serious business

Lord Arbalest
Northstar Cabal
Important Internet Spaceship League
Posted - 2010.09.04 15:27:00 - [116]
 

lol

Berikath
Posted - 2010.09.04 15:58:00 - [117]
 

Another thought- from the IPO:
Originally by: Titans 4U

As it takes 4 months to copy a Titan BPC with a max skilled character using a POS lab and fitted with a copy time implant it will only be possible to generate profits every 4 months. In the first 8 months we will be producing 2 BPCs every 4 months. From month 8 we will be producing 4 BPCs every 4 months.

Pricing for Titan BPCs has been on the increase of late with prices reaching as high as 20b for a copy. Given that nerfs, changes in demand, changes in supply, competition and other factors are likely to change the price we can expect to obtain for a Titan BPO it the profits from this venture will vary over time. It is reasonable to expect something in the region of 10b-20b for each copy for the time being, our target figure being 15b for a copy. Therefore we project our first 12 months to yield:

4 months in: 2 copies = 30b
8 months in: 2 copies = 30b
12 months in: 4 copies = 60b
Total for first 12 months = 120b
%age return for first 12 months = 45%

Profits will be divided such that I will receive 6%, the trustees have been allocated a total of 4% and the shareholders will receive 90%. So far 3 of the 4 trustees have waived their right to claim their payment and their share will go to the shareholders instead.


From your list of dividend payments, I figure that in a year you paid out on 42.75 bil profits, or 14.4%. Grats on having a return about a third of what you initially listed, and still being considered gold.

Were you skimming also, or did you just make a whole lot less than you initially anticipated? Just wondering if the total should be bumped up to 900 or so, instead of 850.

Yakumo Smith
Gallente
Body Count Inc.
Pandemic Legion
Posted - 2010.09.04 16:29:00 - [118]
 

Invested nothing :)

Saw this coming a mile off.

I'm particularily impressed by CCP publisising the original venture on the news too, allowing non MD regulars to get in on the act (and thus lose isk)


Machete Visor
Posted - 2010.09.04 16:30:00 - [119]
 

Really kind of surprised at the timidness of the response to this. If you have multiple billions to invest, then this either marks your exit to the game or you still have multiple billions to try to extract some revenge upon anyone/thing associated with this guy. Sure you'll never get the money back and there is no police to call - think that'd stop Tony sopranos if another gangster ripped him off? You guys should be searching / bribing etc etc to find anything that matters to this guy- maybe his recent antagonistic posts will stir some of that up. Heck he has already given a clue to what still matters to him. I'm sure more can be found. Only way you guys don't get some form of revenge is he converts to real money and walks, you quit or you don't try

Bad Bobby
The Dirty Rotten Scoundrels
HYDRA RELOADED
Posted - 2010.09.04 16:31:00 - [120]
 

Originally by: Berikath
From your list of dividend payments, I figure that in a year you paid out on 42.75 bil profits, or 14.4%. Grats on having a return about a third of what you initially listed, and still being considered gold.

Were you skimming also, or did you just make a whole lot less than you initially anticipated? Just wondering if the total should be bumped up to 900 or so, instead of 850.

No, there was no skimming. I did however build a very good BPC reselling business off the back of the contacts, information and skills that I gained from the IPO and thus made many times more than my cut of T4U via an indirect route.

The profits were much lower than projections due to the massive reduction in BPC sale price after the combination of the Titan rebalance, the introduction of heavy fleet lag and the outbreak of peace in many areas that would have otherwise seen profitable conflict.

We were projecting at 10b-20b a copy and the reality was 5b-10b per copy, averaging at a little over 7b. The original plan was for 4 Titan BPOs and we only started with 3. The 4th and 5th BPOs were expansions.

The dividend history I've published was accurate and complete.


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