View Full Version : Better interest rate for your geo's!
BACTERIUS 04-06-2006, 03:48 PM Don't know if this is withing the guidelines, so if it is not please advise.
I am willing to offer an interest rate or return of 5% on any geos anyone is willing to loan to me. Since you can;t accumulate more than 2500 geos this is a great way to divert your money and diversify your portofolio. I am offering a better rate than the current bank rate of 3.75%. However this is not as flexible account, you can not have your geos back earlier than 20 days. You can however have the interest returned to you daily or re-invested in your account. Contact me in PM if you have any questions or concerns.
ghetto bob 04-06-2006, 03:59 PM Don't know if this is withing the guidelines, so if it is not please advise.
I am willing to offer an interest rate or return of 5% on any geos anyone is willing to loan to me. Since you can;t accumulate more than 2500 geos this is a great way to divert your money and diversify your portofolio. I am offering a better rate than the current bank rate of 3.75%. However this is not as flexible account, you can not have your geos back earlier than 20 days. You can however have the interest returned to you daily or re-invested in your account. Contact me in PM if you have any questions or concerns.
So if I loan you 100,000 geos, you will repay me 200,000 in 20 days?
100,000*.05*20=100,000 interest ;woop
That is compounding interest indeed.
Otherwise one would get more with the 3,5% on his own bank account.
BACTERIUS 04-06-2006, 04:03 PM So Luke it is Legit, right, I can do this and it is within the guidelines?
Siegetank 04-06-2006, 04:05 PM Argh all those Numbers...Someone tell me is it worth it
This is excatly what i ment Luke in those PM's i sent you :D:D
So Luke it is Legit, right, I can do this and it is within the guidelines?
Basically if people give you money out of their own free will, it is legit yes.
As long as everyone knows that the administration of this game is not responsible should you for some reason not be able to pay it back.
Not saying you wouldn't, but just have to say that they can't complain to us about it, as they knew what they were doing in the first place.
BACTERIUS 04-06-2006, 04:05 PM So if I loan you 100,000 geos, you will repay me 200,000 in 20 days?
100,000*.05*20=100,000 interest ;woop
Hold your horses buddy. FDIC might ensure up to 100K, but I can't. This bank is a new enterprise. How about we start with 5K
speedfreak227 04-06-2006, 04:19 PM I am willing to offer an interest rate or return of 5% on any geos anyone is willing to loan to me. Since you can;t accumulate more than 2500 geos this is a great way to divert your money and diversify your portofolio. I am offering a better rate than the current bank rate of 3.75%. However this is not as flexible account, you can not have your geos back earlier than 20 days. You can however have the interest returned to you daily or re-invested in your account. Contact me in PM if you have any questions or concerns.
you joined the game 8 days ago.....
can i be the first to send you money? :D
speedfreak227
BACTERIUS 04-06-2006, 04:30 PM you joined the game 8 days ago.....
can i be the first to send you money? :D
speedfreak227
Speed, i don't think the length of my membership in the game effects my abbility to repay you in any way. For me this is a way of advancing outside the "orthodox" way this game was designed for and for the "lender"/you is a great way to make money in an unprecedented way, that you could not otherwise make, following the resources the game provides.
So if you have some "capital" lying around then take a small risk. It would be a great way to prove my idea works and can be profitable for everyone.
Siegetank 04-06-2006, 04:33 PM So what do you gain from all this...
and what account did you own previously to this one?
So if you have some "capital" lying around then take a small risk. It would be a great way to prove my idea works and can be profitable for everyone.
What Do you mean "Small Risk" When i put my Geos in my bank i'm risk free
and your only just providing the increse of interest..
"This thing" Should be risk free also.
infact if your true to your word then the people on Gewar would be stupid not to do it...only if your word is true
But whats an internet friends word worth on the net..eh...
perhaps an IP address.. :cheesy
BACTERIUS 04-06-2006, 04:35 PM So what do you gain from all this...
and what account did you own previously to this one?
What I gain is obvious. I get a jump start, I am able to build mines/wells/fields/armies and attack much faster than I otherwise would.
Please refraze the 2nd question. You are assuming I have played this game before, and assuming is never a good thing.
toiletduck 04-06-2006, 04:36 PM you do realise that donators dont have the 2500 geo limit right?
toiletduck 04-06-2006, 04:37 PM What I gain is obvious. I get a jump start, I am able to build mines/wells/fields/armies and attack much faster than I otherwise would.
Please refraze the 2nd question. You are assuming I have played this game before, and assuming is never a good thing.
You telling us that in a 36 hour period if you didnt have other peoples money you wouldnt have 150 geos to build a mine of each resource?
speedfreak227 04-06-2006, 04:39 PM Speed, i don't think the length of my membership in the game effects my abbility to repay you in any way. For me this is a way of advancing outside the "orthodox" way this game was designed for and for the "lender"/you is a great way to make money in an unprecedented way, that you could not otherwise make, following the resources the game provides.
So if you have some "capital" lying around then take a small risk. It would be a great way to prove my idea works and can be profitable for everyone.
actually the length of your membership DIRECTLY affects your ability to repay me. if you aren't established you will be bringing in next to nothing from your resources and you won't be able to hold a city, therefore you won't be able to even transfer geos back to me.
i know what it's like to start from scratch.
speedfreak227
BACTERIUS 04-06-2006, 04:39 PM You telling us that in a 36 hour period if you didnt have other peoples money you wouldnt have 150 geos to build a mine of each resource?
Outside the box toiletduck... you are thinking inside a box.
BACTERIUS 04-06-2006, 04:41 PM actually the length of your membership DIRECTLY affects your ability to repay me. if you aren't established you will be bringing in next to nothing from your resources and you won't be able to hold a city, therefore you won't be able to even transfer geos back to me.
i know what it's like to start from scratch.
speedfreak227
Thanks for the peptalk. I respect your descission..... the idea is way more complicated however.
toiletduck 04-06-2006, 04:42 PM Outside the box toiletduck... you are thinking inside a box.
your statement of "i could build mines much faster" confuses me.
You can only build one of each every 36 hours. and if you cant make enough money by yourself to do so, you definately wont be able to pay anyone back.
speedfreak227 04-06-2006, 04:42 PM ok, maybe i'm jumping to conclusions. i'm willing to give you a fair shot.
please, explain your buisness plan. it's fair for any investor to know what is happening to the money he invests. you're welcome to do it here in the forum or to a private message to me.
there may be things you haven't considered which will shoot cannonball sized holes in your plans.
speedfreak227
Siegetank 04-06-2006, 04:42 PM Please refraze the 2nd question. You are assuming I have played this game before, and assuming is never a good thing.
Thats the only answer i can garnel from your propostion
it would be better if you did have another account so at least i'd know that YOU know what your talking about
ok, maybe i'm jumping to conclusions. i'm willing to give you a fair shot.
please, explain your buisness plan. it's fair for any investor to know what is happening to the money he invests. you're welcome to do it here in the forum or to a private message to me.
there may be things you haven't considered which will shoot cannonball sized holes in your plans.
If he does PM you Hit me back and let me crunch the numbers
BACTERIUS 04-06-2006, 04:44 PM Toiletduck.... please re-read the full length of my post.
Sppedfreek... I will follow up with a PM.
BACTERIUS 04-06-2006, 04:46 PM Thats the only answer i can garnel from your propostion
it would be better if you did have another account so at least i'd know that YOU know what your talking about
No, Siegetank... this is my first and only account. And maybe i don't know what I am talking about, but you got to give a shot to your idea right?? You can chose to support or not support me with them.
Siegetank 04-06-2006, 04:53 PM Alright I'll wire you One Thousand Geo's when should i expect it back along with the amount
PM,
(if i don't get it back i'm sorry but i'm going to have to never trust you again..plus hate)
BACTERIUS 04-06-2006, 04:58 PM Alright I'll wire you One Thousand Geo's when should i expect it back along with the amount
PM,
(if i don't get it back i'm sorry but i'm going to have to never trust you again..plus hate)
How about this, you don't get it back with interest, Luke can ban me and my IP from the game. Again you can have your interest returned to you daily or re-invested. Your choice.
1000*5%=50 geos/day*20=1000.
palau 04-06-2006, 05:02 PM How about this, you don't get it back with interest, Luke can ban me and my IP from the game. Again you can have your interest returned to you daily or re-invested. Your choice.
1000*5%=50 geos/day*20=1000.
admins won't ban players for not paying back a loan to another player. they have more important things to do.
Siegetank 04-06-2006, 05:05 PM How about this, you don't get it back with interest, Luke can ban me and my IP from the game. Again you can have your interest returned to you daily or re-invested. Your choice.
1000*5%=50 geos/day*20=1000.
Alright I'm willing to help you
1000 geos Sent
Luke Won't Ban you its my folly for being so trusting or F0olish..
I'm sure (if it goes tits up) everyone would commend you for being so clever..
nevertheless I've only GOT ONE QUESTION!!
Do i get a receipt? :D
1000 Geos sented
BACTERIUS 04-06-2006, 05:10 PM Alright I'm willing to help you
1000 geos Sent
Luke Won't Ban you its my folly for being so trusting or F0olish..
I'm sure (if it goes tits up) everyone would commend you for being so clever..
nevertheless I've only GOT ONE QUESTION!!
Do i get a receipt? :D
1000 Geos sented
Thanks SiegeTank, I am confirming, that your geos came through. I am sure everyone will eventually commend both of us, and noone will come out as a fool. Please let me know what would you like to do with your interest.
Luke, please check your PM's when you get a chance.
Siegetank 04-06-2006, 05:22 PM Thanks SiegeTank, I am confirming, that your geos came through. I am sure everyone will eventually commend both of us, and noone will come out as a fool. Please let me know what would you like to do with your interest.
with the Interest i gain
I'm Goin Disney Land!
I'd like to recive it in full at the end of 20 revolutions of SoL
Luke, please check your PM's when you get a chance.
Please don't bug Luke with games for Geos. He's already swamped with PMs. That's why the big ole disclaimer for this section exists.
BACTERIUS 04-06-2006, 05:54 PM Please don't bug Luke with games for Geos. He's already swamped with PMs. That's why the big ole disclaimer for this section exists.
PM was not game or geo related....
Mercury 04-06-2006, 07:14 PM Doesn't anyone else think this thread is rather "Shap-tastic"...???
Loan Thread 1 (http://www.gewar.net/forums/showthread.php?t=1539&highlight=loan)
Loan Thread 2 (http://www.gewar.net/forums/showthread.php?t=1547&highlight=loan)
Ultraviolet 04-06-2006, 07:26 PM wait sec, you say 5% of what we give you returned in 20 days?
Well I can get 140% in 14 days by doing a bond. right?
If I lend you 5k how much will I get in return and when would I get it?
.....and yes I know my avatar looks like a tranny LOL
BACTERIUS 04-06-2006, 07:47 PM If I lend you 5k how much will I get in return and when would I get it?
You get 250 geos a day. or $5000 additional over 20 days. 100% over your original investment.
Ultraviolet 04-06-2006, 07:49 PM I could just do two 7 day bonds with 2500 and make the same ammount in 14 days right?
BACTERIUS 04-06-2006, 07:51 PM I could just do two 7 day bonds with 2500 and make the same ammount in 14 days right?
I don;t do 7 day bonds. My offer is 20 days at 5% a day.
Out of pure interest....if they can choose to get it every day, or to wait 20 days... do they actually get more then 20xbank interest if they wait?
You know...compounding interest.
KingEmperor24 04-06-2006, 09:34 PM Out of pure interest....if they can choose to get it every day, or to wait 20 days... do they actually get more then 20xbank interest if they wait?
You know...compounding interest.
Maybe this is how he plans to make a profit.
PA-LetsRock 04-06-2006, 09:39 PM looks like cosmetics system... they are really annoying sellers... they get % from lower sellers and etc... =/
BACTERIUS 04-07-2006, 01:12 AM Out of pure interest....if they can choose to get it every day, or to wait 20 days... do they actually get more then 20xbank interest if they wait?
You know...compounding interest.
Without a doubt. If the lender chooses not to collect the interest on a daily basis, it is automatically deposited in his acccount and collects interest (compunding interest) . The difference is that interest can be withdrawn at any time, so if they wish to collect the interest and the compunding interest anyday between day 1 and day 20 they can.
[Gioяgos] 04-07-2006, 01:58 AM If I was to invest 1000 geos into this, what would you do with it and how will you get the money to pay it back WITH Interest?
ghetto bob 04-07-2006, 02:08 AM ']If I was to invest 1000 geos into this, what would you do with it and how will you get the money to pay it back WITH Interest?
He would waste it trying to take a city I would have sold him for less than he's already wasted trying to take it.
20:27:03 - April 6th, 2006 The city of Tidjikdja, Mauritania was attacked by BACTERIUS. No defending armies (1,239 troops) were killed in the battle. 1,600 attacking troops were killed. ghetto bob retained control of the city.
20:26:44 - April 6th, 2006 The city of Tidjikdja, Mauritania was attacked by BACTERIUS. No defending armies (778 troops) were killed in the battle. 1,600 attacking troops were killed. ghetto bob retained control of the city.
20:26:17 - April 6th, 2006 The city of Tidjikdja, Mauritania was attacked by BACTERIUS. 3 defending armies (4,456 troops) were killed in the battle. 3,100 attacking troops were killed. ghetto bob retained control of the city.
BTW, look at me still getting crappy numbers. Still phoning mothers of all those brave soldiers that perished this afternoon. ;boohoo
einstein 04-07-2006, 02:19 AM Doesn't anyone else think this thread is rather "Shap-tastic"...???
Loan Thread 1 (http://www.gewar.net/forums/showthread.php?t=1539&highlight=loan)
Loan Thread 2 (http://www.gewar.net/forums/showthread.php?t=1547&highlight=loan)
Was thinking of that, but at least BACTERIUS is not as blatantly over-confidence compared to Agent Shap. I can see how you can earn the extra 1.25% by sacrificing your income from resource. But at least it saves BACTERIUS from having to jewel, I suppose.
On the attacks, I agree with ghetto_bob though. You are much better paying some money to get a quiet city, instead of attacking a player and depends on your luck to get better odds while probably losing the money which needs to be returned to lender.
toiletduck 04-07-2006, 02:29 AM I was thinkin of Shap last night when i read this thread. It did cross my mind that it is Shap, but would he really try a third time for loans?
[Gioяgos] 04-07-2006, 04:48 AM I worked it out already, and I cant believe I didnt think of something similar.
GOodluck.
BACTERIUS 04-07-2006, 01:01 PM Please guys don't speculate or assume things, your assumptions of how my idea works, are wrong. Attacking a city has little to do with finances. You will see that the city I attacked produces 70+ geos a day, hardly enough to support my troops there. Plus I have no intention of attacking anything else. I just wanted to get a feel of the game and learn a few things here and there with the attack yeterday, which was more of a diplomatic solution really thanks to Ghetto Bob.
I did not want to deal with the Shap allegations, since is really ridiculous. I said it before, please listen when I say it for a second time, that this is the first and only name I have used. If you would like to know anything further you are very welcome to PM me. I am a preety open guy.
Ghetto Bob thanks for your help....and avice.
BACTERIUS 04-07-2006, 01:08 PM instead of attacking a player and depends on your luck to get better odds while probably losing the money which needs to be returned to lender.
A little less doubt about my integrity and ability to pay my lenders would be nice. Anyone that has lend me money is entitle to their first installment of interest today. You can check with them if you please, and make a better decission. Before I even thought of attacking I opened enough mines and fields to support and pay back all the loans and interest. Should you need a financial analysis, PM me and I will send you what I own, how much I owe and what I need to pay back.
Again it would be nice if you stop assuming things.
YamuN 04-08-2006, 12:32 AM I remember a guy a few months ago started something like this, way before there were donators, and it ended up he didn't have a city to pay back!!
Lucky You're a donator BACTERIUS. :D
Sinner 04-08-2006, 02:09 AM I do recall there were a lot of these donation schemes going on ... but only one person repaid those who loaned him money as per the terms of pledge... now who could that have been....
oh yes...
ME ;)
http://www.gewar.net/forums/showthread.php?t=1611
http://www.gewar.net/forums/showthread.php?t=1720
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