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OH god,.... the morphite!!

First post
Author
corestwo
Goonfleet Investment Banking
#81 - 2012-04-20 05:34:43 UTC
OllieNorth wrote:
Dammit corestwo, you got CAOD all up in my MD. Stop it.

/and yer little gooncronies too


it's allowed if I'm making fun of my own pilots, which I was

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

Hemmo Paskiainen
#82 - 2012-04-20 18:25:27 UTC
i gues the real question is how many hours mining it takes per day to keep a large site in system each day... does anyone know?

If relativity equals time plus momentum, what equals relativity, if the momentum is minus to the time?

Falin Whalen
Federal Navy Academy
Gallente Federation
#83 - 2012-04-20 22:12:45 UTC  |  Edited by: Falin Whalen
Hemmo Paskiainen wrote:
i gues the real question is how many hours mining it takes per day to keep a large site in system each day... does anyone know?

34 man hours to strip out a Large grav site, so twenty hulks can do it in less than two hours.

"it's only because of their stupidity that they're able to be so sure of themselves." The Trial - Franz Kafka 

Riley Moore
Sentinum Research
#84 - 2012-05-01 20:11:43 UTC

And down she goes. Better dump now. Noway it will ever go back up! Cut your losses while you can!

Large volumes of highly researched Ammo, drones, charges and ship bpo's. Biggest BPO store in EVE! https://forums.eveonline.com/default.aspx?g=posts&m=445524#post445524

corestwo
Goonfleet Investment Banking
#85 - 2012-05-01 20:31:56 UTC
It's almost as if, when predicting weeks ago that Morphite would be oversupplied, I was right.

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

Riley Moore
Sentinum Research
#86 - 2012-05-01 20:33:46 UTC
Thank you whoever dumped a few million units. Cool

Large volumes of highly researched Ammo, drones, charges and ship bpo's. Biggest BPO store in EVE! https://forums.eveonline.com/default.aspx?g=posts&m=445524#post445524

Nomika
Perkone
Caldari State
#87 - 2012-05-01 20:38:34 UTC  |  Edited by: Nomika
Riley Moore wrote:

And down she goes. Better dump now. Noway it will ever go back up! Cut your losses while you can!


People are dumping their stock they have sat on for years, do to the high price cause by speculation.
The market has not been hit by the any shortage yet. the real impact of the drone changes is likely months away.

the price is falling for now because there is a huge surplus. so now is not the time to sell all but to wait for the Morphite
floor and buy more of it.
corestwo
Goonfleet Investment Banking
#88 - 2012-05-01 20:42:13 UTC  |  Edited by: corestwo
If people were dumping stocks they had held "for years" and weren't complete idiots, they would have dumped two weeks ago when morphite peaked at 16k or so.

And by the way, unlike other minerals, morphite was already oversupplied from mining, with the supply now from mining actually exceeding the supply before from drone regions...just like I said it would.

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

Driftfire
Northern Star Enterprises
#89 - 2012-05-01 20:53:22 UTC
I guess people you not understood the size stock. The Buy volume has never been there, so off-loading of large stocks has not been possible
Driftfire
Northern Star Enterprises
#90 - 2012-05-01 20:55:45 UTC
Core - Morph was not over supplied by mining before.

To clarify Drone Poo + Mining oversupplied the market. However it was easy for mining to make up the shortfall - which they have done and more..

corestwo
Goonfleet Investment Banking
#91 - 2012-05-01 20:58:33 UTC
Sorry, yes, that's what I meant - it was oversupplied from what little mining occurred before, as well as drone poo, and now it's oversupplied again from pure mining.

Re-reading it, my sentence wasn't all that clear the first time Ugh

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

Weaselior
GoonWaffe
Goonswarm Federation
#92 - 2012-05-01 21:06:31 UTC
Driftfire wrote:
Core - Morph was not over supplied by mining before.

To clarify Drone Poo + Mining oversupplied the market. However it was easy for mining to make up the shortfall - which they have done and more..


that sort of misses the point: the rise in other minerals, by making people mine grav anoms, will automatically oversupply morphite

it's not that people are mining morphite to make up the shortfall, they're madly mining everything in a grav anom and getting morphite as a byproduct: currently it's valuble, soon it shall be junk

Head of the Goonswarm Economic Warfare Cabal Pubbie Management and Exploitation Division.

Lupinus Regaale
Knee Jerk Reaction
#93 - 2012-05-01 21:31:46 UTC
having a good time :)

sold my stack at the peak, buying it again at the low. will wait out the great panic and sell at the next peak.
awesome possum!
Derp Durrr
University of Caille
Gallente Federation
#94 - 2012-05-01 21:37:30 UTC
lol
seems like people finally found out the buy orders wouldnt even support one stockpile to be dumped, let alone a hundred... show's over people. might be a few orders left at 8 k for the rest of you Twisted

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Driftfire
Northern Star Enterprises
#95 - 2012-05-01 21:52:33 UTC
Well looked at supply vs demand and it was fun while the bubble lasted
Weaselior
GoonWaffe
Goonswarm Federation
#96 - 2012-05-01 22:24:53 UTC
the funny part is we even warned you, just because it's always hilarious telling you pubbies the unvarnished truth knowing you won't believe it

Head of the Goonswarm Economic Warfare Cabal Pubbie Management and Exploitation Division.

corestwo
Goonfleet Investment Banking
#97 - 2012-05-01 22:31:01 UTC
Weaselior wrote:
the funny part is we even warned you, just because it's always hilarious telling you pubbies the unvarnished truth knowing you won't believe it


can't quote this enough

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

Darth Tickles
Doomheim
#98 - 2012-05-01 22:49:12 UTC
Can't trick me with your trickesses, goonie goonie goon goons.
Skydell
Bad Girl Posse
#99 - 2012-05-01 23:15:38 UTC
Hemmo Paskiainen wrote:
i gues the real question is how many hours mining it takes per day to keep a large site in system each day... does anyone know?



Null sec mining Ops done right can wipe a morphite site in an hr. It's more to do with who is camping you. I actually expect Morphite to dry up and rise again but more like Megacyte, in a slow steady climb. This latest tank in morphite has all the markings of insider info though.
corestwo
Goonfleet Investment Banking
#100 - 2012-05-01 23:23:31 UTC
Skydell wrote:
Hemmo Paskiainen wrote:
i gues the real question is how many hours mining it takes per day to keep a large site in system each day... does anyone know?



Null sec mining Ops done right can wipe a morphite site in an hr. It's more to do with who is camping you. I actually expect Morphite to dry up and rise again but more like Megacyte, in a slow steady climb. This latest tank in morphite has all the markings of insider info though.


Confirming that goons are behind this and have inside information.

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo