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Increase/Decrease Market Price [Reasons]

Author
Chum01 Guzzler
Doomheim
#1 - 2013-03-14 22:55:40 UTC
This thread has probably been done before, but I would like to get fresh opinions and new faces if possible.

I have been wondering if anyone here can elaborate more on this. I was looking at a chimera which was originally 1.4bil and dropped down to 1.2bil this morning. I have some ideas on why but I'm not too sure and would like your input.

Possible reasons. specimen > Chimera Hull.
1. 0.0 / WH demand > Ship Replacements, Ship Docterine Changes = demand
2. Insurance Rates > Nullsec Alliance Rates / Station Rates
3. Balances/Fixes > Mineral Respawn Rates / Loot Drop Changes / Ship balances > Any good change increases inflation
4. Ratting > Increase Profits from Missions, Incursions, Wormholes and Nullsec = Increase income = inflation
5. Introduction of new game material > eg. New Battlecruisers [Talos, Oracle ETC] Makes some ships obsolete
6. Events > Hulkageddon = reduction in minerals = reduction of ships manufactured = less supply = increase in prices
Burn Jita to the Ground = Reduction/destruction of mineral/ship transport = less supply = increase in prices


Basic Market Understanding.

High demand + Low supply = High prices
Low demand + High supply = Low prices
High demand + High supply = Balanced prices and new standards (high)
Low demand + Low supply = Balances prices and new standards (low)
Chum01 Guzzler
Doomheim
#2 - 2013-03-14 23:26:19 UTC
bump
Candy Oshea
Techfree Investment Group
#3 - 2013-03-15 01:30:51 UTC
Chum01 Guzzler wrote:
This thread has probably been done before, but I would like to get fresh opinions and new faces if possible.

I have been wondering if anyone here can elaborate more on this. I was looking at a chimera which was originally 1.4bil and dropped down to 1.2bil this morning. I have some ideas on why but I'm not too sure and would like your input.

Possible reasons. specimen > Chimera Hull.
1. 0.0 / WH demand > Ship Replacements, Ship Docterine Changes = demand
2. Insurance Rates > Nullsec Alliance Rates / Station Rates
3. Balances/Fixes > Mineral Respawn Rates / Loot Drop Changes / Ship balances > Any good change increases inflation
4. Ratting > Increase Profits from Missions, Incursions, Wormholes and Nullsec = Increase income = inflation
5. Introduction of new game material > eg. New Battlecruisers [Talos, Oracle ETC] Makes some ships obsolete
6. Events > Hulkageddon = reduction in minerals = reduction of ships manufactured = less supply = increase in prices
Burn Jita to the Ground = Reduction/destruction of mineral/ship transport = less supply = increase in prices


Basic Market Understanding.

High demand + Low supply = High prices
Low demand + High supply = Low prices
High demand + High supply = Balanced prices and new standards (high)
Low demand + Low supply = Balances prices and new standards (low)


There is no answer why, only assumptions, my guess is the seller dropped the price coz he needs to plex his account & at 1.2 "priced to sell" a reseller will scoop it, and spam it in ships. Guys like makin money mitch, sal goodman etc this is there bread and butter.

Shield Carriers are horrible right now for nullsec (Unless you are one of those ratting carrier ppl, then sure), if its not a triage archon, its not getting in fleet.

Equal demand + Equal supply = Equilibrium Price stays firm. should replace last 2 lines of of your post!

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!

Chum01 Guzzler
Doomheim
#4 - 2013-03-15 03:43:41 UTC
bump
Chum01 Guzzler
Doomheim
#5 - 2013-03-15 11:36:51 UTC
bump
RuNoob
De Grey Mining
#6 - 2013-03-21 11:02:10 UTC
oooooOooooo
IHaveCandyGetInTheVan69
Crouching Woman Hidden Cucumber
#7 - 2013-03-21 16:51:20 UTC
1.4 to 1.2 is a pretty small change, in a low volume item like a chimera that is well within natural fluctuations.

For example even thought long term suppy and demand are balanced. changes still occur because of chaotic effects in Eve,

A) Through random chance 30 people all loose a chimera in the same week and buy new ones + short term demand

B) A big producer of capitals goes on holiday and doesn't list and ships for sale for a few weeks -short term supply


A chimera is based on the mineral market so its inherently a very stable price, however low demand and high barrier of entry allow its price to fluctuate by a few 100m. The archon is held more constant because there is greater competition between both buyers and sellers, so less short term fluctuation.