Market Discussions

I don't think Isogen will be affected much, and you forgot to mention Zydrine. I recommend investing in ZYDIF, which is very likely to go up in the future.

I've yet to really see, from CCP, or the CSM for that matter, thoughts on how this change - which admittedly does look to have gone from throw away vagueness to more concrete planning - will affect isk faucet/sink ratios.

We've gone from the last, long lamented, QEN noting concerns of a growing imbalance, to tacit official acknowledgement that incursions may be pumping a bit too much isk in, to these CSM minutes noting a "mild inflationary period of around 1 percent per month".

Slight oddities aside, I'm getting the impression of a growing concern of isk faucets and have to wonder what swapping an apparently significant mineral faucet to an isk faucet will do to that balance.


edit: percent symbols and URL linkies in the same post really seem to throw the forum bbcode in a hissy fit

Cute. I assume you're the one selling 146k shares at 1230 ISK a piece, almost double the price they're worth?

lol

No, I’m not the one selling at 1,230 ISK and I don’t think you understand how Indices and the Exchange work. Anyone can place a sell order at the price of their choice.


The intrinsic price of an Index (ZYDIF for example) is determined by regional trades conducted by the Mineral Reserve. On good weeks, I update prices daily during the week, but sometimes several days pass before a new price update. I avoid updating prices during the weekend.

During a price update, a predetermined number of shares become available for both buy-backs and sales. In the case of ZYDIF, this number is 300,000 shares. Anyone may choose to buy/sell their stock at the intrinsic price. However, the Exchange does not impede investors from placing their own buy/sell orders. Depending on market conditions, the Exchange may clear more than 300,000 shares in buy/sell orders. Therefore, it is a good idea to place your own buy/sell orders.

One advantage of trading an Index in the Exchange is that you can set your own margins while earning share dividends. For instance, let’s imagine you bought shares at 730 ISK. You can place a 1,250 ISK sell order for the shares you bought. The day the intrinsic price reaches 1,250 ISK, your order will clear.

The Indices are meant for people that want a form of mineral market exposure and don’t want to deal with the actual market; not everyone is interested in trading. Basically, I’m doing the trading for you at the price you are trading in the Exchange. In addition, you earn share dividends while I trade for you.

I think you are not focusing on a main thing here....

If drones = bounties ===>>> Russians get sovbuttsex

also

If drones = bounties and current miner:rater ration is suspect mining becoming popular

We are looking at new age if this happens but in my opinion trit will go up.... rest will just fall down...

The way I see it if drone POO was eliminated in favor of converting drones to bounties we would really see just how much of the mineral market is dependent on the drone minerals. Personally I believe that a very high amount of the minerals in game are coming from drones. But I can not prove or disprove that theory.

One thing I can say for sure is that it will increase the value in minerals and thus increase the income of miners. But this is a two edged sword. It would seem that increasing the income of miners would make it a more appealing profession except for one problem.

Since almost everything in EVE is made from minerals, the mineral price is the base of the entire economy. increasing the mineral price will cause inflation of the prices of everything made from those minerals. Miners will be making more isk but that isk will be worth less due to the inflation caused by the increase in the mineral price. As an end result the miners would be no better off as once the economy levels out the increase in income will be very close to or equal to the rate of inflation. For arguments sake lets say that number would be 10%. making the whole thing a wash as far as miners are concerned.

However it does not end here. Although the inflation would be a wash for miners it would affect other players incomes differently. Everyone in game would be affected by the 10% increase in market inflation but not everyone would get the 10% increase in income. For example mission runners would only see an increase in the value of loot drops that can be reprocessed back into minerals. the loyalty points and mission rewards would not change. This would effectively decrease the income of mission running. It would be the same for Ratting and most other income streams. The only ones that would receive a direct benefit would be the traders as a 3% profit on a higher base price would result in more isk for them.

This would not necessarily be a bad thing though. The main reason to increase the income of miners is to bring the career path more in line with other isk making activities. This would still be accomplished, but rather than increasing the miners income it would bring the other careers down a few notches narrowing the gap between miners, mission runners, and ratters. Since the market is equally affected by supply and demand reducing the effective income of the higher isk/hour activities through inflation will help to keep the market stable. The end result would be an increase in game balance.

Another thing to consider is that, if they switch to bounties, it is not entirely unlikely that they could also implement a module drop from the drones as well. In this case, if people were smart they could continue to obtain a significant amount of minerals in the form of loot that could be reprocessed.

Personally, when I rat in curse I collect loot and salvage as well. The combination of loot and salvage often (but not always) provides another 50-75% isk value per kill above and beyond the bounty. While it definitely does slow me down to collect this loot, having done the math, I end up ahead and it makes me self sufficient in terms of the T1 ships that I use.

Being that none of the changes have actually been fleshed out, I think it is premature to make any real judgements here.

Beyond that, I am too lazy to look it up but I believe a few years back the Quarterly Economic Newsletter or whatever had a graph that indicated where minerals came from, if you are so inclined go look it up.

I understand that. The point I was trying to make is that if they implemented a drop system that it isn't like "all minerals collected from drone poop are going away". there would still be a mineral drop from killing the rats meaning that there would still be some mineral collection from that region.

How about low end minerals? Don't you get a /lot/ of those from the drone mats, in comparison to the high ends.

yea you get a lot of trit and pyrite from drone poo.. expect trit to go up another 1 isk/pu