So I'm curious about the numbers.
History wise I lose 40% of my deposit to the game.
Wheres the money going?
It is reflected as a difference between the total income and the total costs in Profit and Loss report and and is commonly known as company's profit.
MindArk is making money. A lot of it. Check their financial statements. Entropia Universe is extremely profitable platform for MindArk.
You know the game hates you, if instead of getting a global or
HoF sound, you hear this after every mob loot....
Ever wonder why it takes 60 days to withdraw?
To be honest since 10 years ago takes 60 days..
Don't worry about that 15 minute n00b who is possibly an alt, Mindark avatar or Planet Partner in disguise, or some Doctor or banker who just deposited 2.5 million dollars.
To be honest since 10 years ago takes 60 days..
The message prompt, when extracting peds, STATES, 50 Days. Them, having neglected to change that, might become a problem, for the game-host, in a litigtion suit. ( Not starting one or intending, just saying it can be.) Just like them having changed the "rules' and pushing/forcing that, upon their clients. Bad unethical Business practices. Undermines trust seriouslly.
Franklly, in a world, where we have instant data traffic, including liquid assets, and on such a well secured platform, like Entropia, it is rather "strange", that money flow out, is not instantanious also, regardless of all the "justifications", for a 50 day grace period. Our ingoing deposits are instantanious. Bank is one to two days, grace-period. Its just not right at all. I can immagine people getting fed-up and wanting to revolt. Tyrany will do that.
"Power corrupts. Absolute Power corrupts absolutelly."
Franklly, in a world, where we have instant data traffic, including liquid assets, and on such a well secured platform, like Entropia, it is rather "strange", that money flow out, is not instantanious also, regardless of all the "justifications", for a 50 day grace period. Our ingoing deposits are instantanious. Bank is one to two days, grace-period. Its just not right at all. I can immagine people getting fed-up and wanting to revolt. Tyrany will do that.
"Power corrupts. Absolute Power corrupts absolutelly."
50 business days. They are usually well under that. 60+ days is far less than 50 business days.
To the OP, on the second day of migration, I hit 2700 ped hof and the next couple of days I had a couple of nice 3 figure globals. All of this on LT's. This week I cannot seem to hit anything and the LT's are draining my ped card. I still have 2500 ped left from the HOF tucked away in storage.
At this point I will revert to my standard play style which is hunt low level mobs and craft items with MU from the material drops. If I carry on with bigger mobs I know my ped will be gone in a week. Make hay while the sun shines and put some of it away because you will get bugger all in the winter.
Another interesting note is they claim that historically people only withdraw ~30-35% of their holdings, so they decided that they would only enter 33% of total player holdings on their balance sheet. In other words, they simply left out ~64mil debt from their balance sheet, just because they don't think they will have to pay it. If only their developers were as creative as their accountants.
Franklly, in a world, where we have instant data traffic, including liquid assets, and on such a well secured platform, like Entropia, it is rather "strange", that money flow out, is not instantanious also, regardless of all the "justifications", for a 50 day grace period. Our ingoing deposits are instantanious. Bank is one to two days, grace-period. Its just not right at all. I can immagine people getting fed-up and wanting to revolt. Tyrany will do that.
^^ This. I had a nice LT uber towards the beginning of migration and the first thing I did was immediately stop hunting LT and switch to lower HP mobs with MU because the obvious follow-up to a peak is a valley.
I think a lot of players get a hof and use it to go in even harder, which is really just spitting in the face of statistics and common sense.
Net profit
2018=618,787
2017=0
2016=5,433,772
2015=3,056,021
2014=1,329,776
2013=2,216,848
2012=-20,974,158
2011=-7,844,873
2011 and 2012 lost almost 30 million? WTF?
I hope 2019 is better.
I want the bills to get paid and the game to stay open.
Rock
Am I reading the above correctly, you are saying you lost 300,00 USD in 2011 and 2012. Truly I find that hard to believe, I must be reading wrong.
For me the down hill ride started 2010 when the "New" engine was introduced Now I just play for the fun of it.
A noob asked me the other day if he could make money and I said a flat "NO" but I told him I thought the game was fun and just play for that reason and try to keep the depos low and enjoy.
Those are MA's financial statements. Not a players losses.
Just starting to back off the game. i still go on twitch and look at you tube sometimes to see what's going on. Many miners gone. I hate it that i'm begining to feel that i too may not be able to sustain my gameplay. I just don't know what happened to mining
I don't know what all of you guys are doing but I can definitely say you are doing it wrong.
“Insanity is doing the same thing over and over again and expecting different results.”
If something isn't working for you try something different, maybe try a different weapon & mob combination.
I don't know what all of you guys are doing but I can definitely say you are doing it wrong.
“Insanity is doing the same thing over and over again and expecting different results.”
If something isn't working for you try something different, maybe try a different weapon & mob combination.
I don't know what all of you guys are doing but I can definitely say you are doing it wrong.
“Insanity is doing the same thing over and over again and expecting different results.”
If something isn't working for you try something different, maybe try a different weapon & mob combination.
Second point is only deposit what you can afford to lose, this is just a game after all.
I'm only level 28 laser (hit) and 22 laser (dmg) 100 health and 46 agility. I hunt mobs with no armor and a gun that cost under 50 ped, since loot 2.0 I'm very happy with my returns averaging about 110% with markup 8 out of 10 runs.
I started playing back in 2006 ish and went on a very long break because I thought the game was against me, I used to count every ped and try to profit, I came back last year and started playing for fun rather than profit and guess what, it's a lot more fun.