Player Features and Ideas Discussion

With market history in game going back only 1 year.

I can not see that with my eyes.

Insurance v isk created / Stuff ^ exploded basic moor isk less stuff inflationary

Ratting v isk created + stuff ^ born basic offsets or neutral

Ratting without looting is inflationary

Mining zero isk created + ^ Stuff is born deflationary.

Station trade ^ Isk destroyed "tax broker fees" / Stuff neutral deflationary.

That said insurance is a Isk faucet.

I would like to see smarter insurance.

It is only part of a larger picture.

When describing why Stuff / items change price / value over time.

He's advocating for the removal of "basic" insurance, the sort that you don't buy, but the kind that pays you out when you lose your ship regardless if you bought a policy or not.

I don't know if that changes your response any, but you said "removing insurance", when he's just asking for the removal of free insurance. He outright said he wants to keep other insurances that you pay for. So if someone is risk adverse, they can still buy a policy.

Info is there if you know where to look, I still have a load of old EON mags with prices in them.

Entirely related to CCP's changes to build requirements, build costs, introduction of supers which massively inflated the demand for trit, etc. As you very well know. Every price hike in the mineral market has happened as a direct response to a CCP change, not a gradual sneak of inflation.
Trying to pretend otherwise as one of the main null cartels just shows how much you want this to step on the small guy, since the 'income stream' from this is at most 5% of what Null ratting brings in. Even if we attribute nearly all insurance payouts to basic payment.

I still don't understand why the insurance companies keep on paying out to these irresponsible guys that lose their ships on an hourly basis without increasing their premiums.

The poor player would feel it worse than the rich guy if it was taken away tho since he does not have a stash of ISK to absorb losses. The player with a "rich" level of income probably no longer care about the payout one way or another because he can afford to lose the ship anyway. The player with a "poor" income is probably really happy to see that his T1 frig losses pas partially covered by a welfare system.

The base insurance isn't one at the end of the day. It's just a welfare from CCP to push player to stay in ships. The only odd part of this welfare system is that it's applied to all bracket of income unlike welfare in the real world that would usually apply only to people who effectively need it.

Even basic insurance will change peoples evaluation of the risk in certain situations, most like leading people to be more risk averse.



I think you are actually both correct. The average price of a Hyperion battleship in January 2010 was around 124 million ISK. Now the cost is 1.88 times higher or just under 234 million ISK.

Now one could argue that that is inflation. However, if CCP does things to change the availability of minerals in game and thus the price of minerals then you’d see an increase in the price of battleships. But calling this inflation is only really true in the most basic sense of the word: inflation is an increase in prices. But typically inflation is considered to be a monetary phenomenon—i.e. print more money you get inflation, contract the money supply (take money out of circulation by buying assets via open market operations or increasing ISK sinks in terms of the game) and you get deflation. In the later sense of the word inflation then the price of a Hyperion has been remarkable stable except for an uptick in the price starting in the fall of 2011 and stabilizing in Spring of 2012. When exactly did drone poo go away and when did refining loot drops from rats change? Since the Spring of 2012, the trend in price for the Hyperion has been, if anything, slightly negative. However, if we look at the data since August 2014 the price has been trending up slightly. There does appear to be a cycle in the price

All data are from eve-marketdata.com

Annual average prices for a Hyperion:

Year Avg_Price
2010---113749241
2011---134637613
2012---214977236
2013---218973515
2014---207220150
2015---223308370

If there is sustained inflation...what happened to it after 2012?

I'm curious why a Hyperion, instead of Plex, is being used as the metric here?

My own claims of inflation have been purely Plex related for some time now. It's a very direct reflection on the value of time in EVE. Your time is worth less than it was in 2010, for example. A lot less.