Scams in EVE Online: Difference between revisions

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The scammed add another layer of legitimacy as they are often too embarrassed to announce in the channel that the offer is bogus, so there appears to be no downside to the possible risk.

===The ~~drunken buy order~~===

===The Margin Trading Scam aka The Drunken Buy Order===

The ~~drunken~~ buy order is ~~so called~~ because it is often announced in local that a player must have been drunk when they placed a buy order.

''The Margin Trading Scam'' exploits the mechanic where a margin buy order will fail if the buyer can't pay for the goods, but the order can remain on the market. It is also known as ''The Drunken Buy Order'' because it is often announced in local that a player must have been drunk when they placed a buy order.

It's a Trap

The scammer announces in a local ~~channel~~ that a player must have been drunk when they put up their buy order and invites you to check it out with a link to the item being sold. ~~At first glance~~ will see ~~that a player has put up~~ a buy order offering a great deal more than the sell price of the ~~product~~.

The scammer announces in a chat channel (usually local) that a player must have been drunk when they put up their buy order and invites you to check it out with a link to the item being sold. Following the link players will see a buy order offering a great deal more than the sell price of the item.

If the player can act fast and deliver the items in the order before anyone else, they stand to multiply their ISK, usually by orders of magnitude.

How it works

Greed and instant riches (if you are quicker than others) are the primary motivations that they are exploiting. Its the speed and greed that makes this work so very well, when the player checks out the buy order they will at first glance see it is offering to pay ten times the sale price of the item. Seeing the instant opportunity for increasing your ISK balance by ten fold or more they can feel compelled to fill the buy order before the next person sees it.

~~ ~~

This is how the scam is set up:

#The scammer buys up all of an uncommon item in a region, say for 20,000 ISK each.

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 The scammed add another layer of legitimacy as they are often too embarrassed to announce in the channel that the offer is bogus, so there appears to be no downside to the possible risk.
-===The drunken buy order===
+===The Margin Trading Scam aka The Drunken Buy Order===
-The drunken buy order is so called because it is often announced in local that a player must have been drunk when they placed a buy order.<br>
+''The Margin Trading Scam'' exploits the mechanic where a margin buy order will fail if the buyer can't pay for the goods, but the order can remain on the market. It is also known as ''The Drunken Buy Order'' because it is often announced in local that a player must have been drunk when they placed a buy order.<br>
 <u>It's a Trap</u><br>
-The scammer announces in a local channel that a player must have been drunk when they put up their buy order and invites you to check it out with a link to the item being sold. At first glance will see that a player has put up a buy order offering a great deal more than the sell price of the product.<br>
+The scammer announces in a chat channel (usually local) that a player must have been drunk when they put up their buy order and invites you to check it out with a link to the item being sold. Following the link players will see a buy order offering a great deal more than the sell price of the item.<br>
+If the player can act fast and deliver the items in the order before anyone else, they stand to multiply their ISK, usually by orders of magnitude.
 <u>How it works</u><br>
-Greed and instant riches (if you are quicker than others) are the primary motivations that they are exploiting. Its the speed and greed that makes this work so very well, when the player checks out the buy order they will at first glance see it is offering to pay ten times the sale price of the item. Seeing the instant opportunity for increasing your ISK balance by ten fold or more they can feel compelled to fill the buy order before the next person sees it.<br>
-<br>
 This is how the scam is set up:
 #The scammer buys up all of an uncommon item in a region, say for 20,000 ISK each.