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Tassandria1
Posted - 2011.09.03 17:12:00 - [1]
 

I'm not the usual type to fall for a good scam. However this one caught me with both my hands behind my back.

So I saw this contract for 800m, and I could quickly see that it's content were worth 1.2b sold directly to buy orders. I didn't have 800m liquid cash so I sold my Charon to buy this. However right after that all the buy orders were expired/gone/whatever. So GG, I got owned.

Sometimes you can strike a good deal when dealing in contracts, sometimes it's just poo. If there's a good time to quit game, it gotta be now :P.

Heads up.

Florestan Bronstein
24th Imperial Crusade
Posted - 2011.09.03 17:19:00 - [2]
 

read up on margin trading

there have to be at least 20 threads about this "new" scam all over MD and C&P by now... Rolling Eyes

Tassandria1
Posted - 2011.09.03 17:21:00 - [3]
 

So basicly what happens, is that the person puts up a buy order with what money than the owner has. Then when someone is trying to sell, they get expired?

Quite clever I'd say..

Phelan Votronski
Posted - 2011.09.03 17:27:00 - [4]
 

Edited by: Phelan Votronski on 03/09/2011 17:28:46
look, I failed to read correctly

Tassandria1
Posted - 2011.09.03 17:31:00 - [5]
 

I spoke to this guy, he said he made 101b isk this way.. Atleast that doesn't make me look like a total fool eh :P

Claire Voyant
Posted - 2011.09.03 17:40:00 - [6]
 

Originally by: Tassandria1
At least that doesn't make me look like a total fool eh :P

If you say so.

Kara Audanie
Posted - 2011.09.03 20:51:00 - [7]
 

Originally by: Tassandria1
I spoke to this guy, he said he made 101b isk this way.. Atleast that doesn't make me look like a total fool eh :P


You're still a fool.

"If the contract looks too good to be true, it a scam." Rolling Eyes

You deserve that fail.

Sgt Blade
Caldari
Save Yourself Inc.
Posted - 2011.09.03 22:38:00 - [8]
 

Edited by: Sgt Blade on 03/09/2011 22:38:08
ahh I remember this scam when contracts was first introduced after they got rid of escrow.

Dane El
Posted - 2011.09.04 11:57:00 - [9]
 

When in doubt check market history. I saw one yesterday with a tag purported to sell for 380M. Market history showed that tag rarely ever sold and when it did for around 2,000 isk. It was also pretty obviously a scam since the 380M buy order was the only one offering to buy the item, was in an dead station to avoid being in range of any sell orders and was orders of magnitude larger than any other order on the market. Nobodies lazy enough to post a 380M buy order when they could fly a handful of jumps and get the tag for 50,000.

Always when buying something for resale in Eve you need to make sure that the item is worth what the seller claims and that you'll be able to move it. You should also be aware they can do some minor manipulation of the current orders but the history never lies. A minute using the market window is usually plenty of time to get that information.

malaire
Posted - 2011.09.05 07:30:00 - [10]
 

Originally by: Dane El
When in doubt check market history. ...

And it market history is empty (happens sometimes with really rare items scammers use), check current Jita-price from e.g. http://www.jitonomic.com/Market/


 

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