Hmm. Did the Chribba actually become escrow for this?

Hmm. Did the Chribba actually become escrow for this?

The first five batches are gone. I've asked my first customer to post here confirming the successfully completed transactions. I now have 280M Dust isk available and a little over 17B Eve isk available.

For the week beginning Oct. 14th, the following rates are available:

For Dust to Eve transfers, the next available batches are:

23M Dust for 600M Eve, sixth batch;
26M Dust for 600M Eve, seventh batch;
29M Dust for 600M Eve, eighth batch;
32M Dust for 600M Eve, ninth batch;
36M Dust for 600M Eve, tenth batch;
40M Dust for 600M Eve, 11th batch;
45M Dust for 600M Eve, 12th batch;
50M Dust for 600M Eve, 13th batch;
60M Dust for 600M Eve, 14th batch;
70M Dust for 600M Eve, 15th batch;

For the opposite direction of transfers, from Eve to Dust isk, the initial rate has risen to:

600M Eve for 12M Dust isk, for the first batch (Batch "A" from now on, to distinguish trades in this direction).

If no interest in this Eve to Dust transfers manifests, this will continue to rise as Dust to Eve transfers complete. If still no traffic in this direction after someone takes the seventh Dust to Eve batch above, the payout for 600M Eve isk will rise to 13M Dust isk.

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Flint and General Erick,

If you're still interested, one of you can still have the sixth batch for the initially quoted first batch price of 12M Dust isk, through the end of the week, Oct. 20th.

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Flint,

If you still want four batches (2.4B Eve Isk) that's 12, 26, 29, and 32 millions of Dust isk. If you only want the first batch, for 12M that's ok too.

Also, since I have confirmed your Eve character's name, I can confirm your request for an exchange at the following rates:
12M Dust isk for 600M Eve isk, or
99M Dust isk for 2.4B Eve isk;
Upon Gyn Wallace's receipt of 12M or 99M Dust isk by Oct. 20th, Min Lo will deliver 600M or 2.4B Eve isk to Flint Beastgood 0 (Zero, not Capital "O") by Oct. 21st. If we catch each other online at the same time, we can complete the transactions then.

I reserve the right to cancel this transaction and return any Dust isk you send me for a variety of reasons including things like: CCP people frowning at me about it; Tranquility server taking a dive on Sunday so I can't complete; someone else coming along and offering me a rate so good I can't refuse them.

If the transaction completes and you experience buyer's remorse and want to reverse the transaction, you must let me know by Oct. 23rd. You get three days after I've delivered to change your mind and reverse the transaction. After that, the deal is done, i.e. irreversible.

Feel free to post here if you have any questions, or you can just send the Dust isk to Gyn Wallace. If I check and see that you've sent the isk well before your deadline, the 20th, I'll try to complete my end early as well.

That being said I haven't seen either of them in a while, so maybe they both got banned.

CONFIRMATION: 99mil ISK transferred to Gyn Wallace from Flint Beastgood III @ 21:52

You should try editing the first post with the newest most relevant info

... Second I know that Kane's rate averaged around 1:8, so your rates are remarkably high on the Eve side.

Third, you should keep in mind in terms of your changing rates that if others start doing the same thing as you (and others are already doing it) there will be competition and you can probably expect players to stop using your services when they become too high for their comfort. Just wanted to make sure you were aware of that.

That all being said, I think that this is the solution to the Dust-Eve isk exchange issue, and that the only real further action CCP needs to take is to greenlight such transactions and create contracts to protect those who use these services. This "flexible exchange rate" is a far better way to regulate both economies than a tax ever could be.

23m for the next one, huh? And I'd message you on Dust with the name of an EVE character, get a reply, then send ISK? That's the general gist of it?

CONFIRMATION: 2.4bil EVE ISK received.

Good doing business with you.

Need to promote that EVE thread now and get some transfers going in the opposite direction to bring down the rate for exchanging DUST ISK so I can do some more deals

The time required to make 36 million in Dust vs. 600 million in EVE isn't even close to comparable.

I can make that (36mil DUST) in a week just through playing the game. Meta-game contracts net me even more each week. With that in mind, expect the official transfer rate (when CCP implement it) to be a lot tighter than Gyn's rates.

EDIT: if there's a way (for a new guy) to earn 600mil a week in EVE please do let me know.

If there's a good reason why I should continue to exchange Dust isk into Eve isk at a 1:50 ratio, I'll listen/read it.

It's not really about new guys though, as the target Dust players wouldn't be "new" either. I'm sure there are Dust players that grind away everyday and get tons of money.

Do you have any outstanding orders? Is this change being implemented already?

If no to both, does that mean that for the next four batches it would be 171mil ISK (36+40+45+50) for 2.4bil EVE?

I have the funds waiting to be transferred.

I do have outstanding orders. I've updated the first post. Hopefully the status of the queue, is clearer now. (That's someone else whose queued up for the next 4). I have some inquiries but no requests for the next batch. Should I queue you up for the 14th through17th batches?

Nerevar Dwemor, if you find this thread and would like to confirm the terms of an exchange, I'll need:

#1: Your Dust character name:_____________
#2: Receipt of either 300M Dust isk or 2B Dust isk (depending on the batch size you confirm here in this thread) from that character to Gyn Wallace.

#3: Confirmation that you'd like the Eve isk (either 2.4B or 14B, depending on the batch size you select) delivered from Min Lo to Nerevar Dwemor. If not, I'd need the name of the Eve alt to receive delivery, confirmed here in this thread.

#4: I ask for a couple of days to complete delivery, in case you don't send me the dusk isk right away, or I don't notice immediately. Historically I've been able to complete transactions much more quickly than 48 hours. If you catch me online, transactions can be completed in minutes.

Let me know if you have any questions.

-Gyn Wallace, Dust side.
-Min Lo, Eve side.