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Crazy Market Prices
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Perihelion Olenard
#1 - 2012-04-09 00:30:44 UTC  |  Edited by: Perihelion Olenard
Why have the market prices for ships gone up by such an extreme amount in the past month? Ships are becoming unaffordable for combat pilots who do missions to make isk. The payouts or bounties don't increase with inflation. Now I hear that a few sources of minerals in the game are going away which will cause the prices of ships to increase even more? Missions will become pointless, soon. Can you imagine the chaos in real life if the prices of cars and trucks increase by 40-50% in just one month like the cost of many ships have in Eve? CCP wins with inflation, however, since combat pilots will buy plexes to get isk instead of doing missions. Who's going to pay 250 mil for a hyperion? That's around $10 of real money.
Dersk
Perkone
Caldari State
#2 - 2012-04-09 00:58:58 UTC  |  Edited by: Dersk
An incomplete and possibly inaccurate list of reasons minerals are more expensive includes:
  • Demand for thousands of new ships (tier 3 battlecruisers for example) in a short period of time.
  • 8 thousand character alliance booted from drone regions, and aren't looting drone hordes much lately.
  • Speculation of marketeers wanting to buy minerals before their price rises to compensate for the reduction in supply due to drone changes.
  • Scares of veldspar fighting back
Block Ukx
420 Enterprises.
#3 - 2012-04-09 01:05:36 UTC
Perihelion Olenard wrote:
Why have the market prices for ships gone up by such an extreme amount in the past month?



Because ships are built using minerals. If mineral prices go up, then ship prices must go up. Otherwise, if ships are on the market below mineral cost, I buy them, reprocess them, and then sell the minerals.





Ottersmacker
Genos Occidere
HYDRA RELOADED
#4 - 2012-04-09 01:08:36 UTC
prices for products are high you say?
damn, sounds like an excellent time to, you know, produce and sell the products.

i just locked an open door.. strange, yet symbolically compelling.
Perihelion Olenard
#5 - 2012-04-09 01:14:41 UTC  |  Edited by: Perihelion Olenard
Ottersmacker wrote:
prices for products are high you say?
damn, sounds like an excellent time to, you know, produce and sell the products.

I'm a combat pilot, not an industrial pilot. I want to do combat, not mine and make ships. Isn't this supposed to be a "sandbox" as people like to call it?
Ottersmacker
Genos Occidere
HYDRA RELOADED
#6 - 2012-04-09 01:24:52 UTC  |  Edited by: Ottersmacker
Of course it is a sandbox, and herein lies the answer to your problem as well I believe. At this time you seem to have chosen the way of the minimum wage job (because nobody is unemployed in EVE thanks to missions and bounties functioning as a job guarantee.. which is great!) as your income. No doubt some prices will seem high. You could re-evaluate your options and aim for a higher income, even within the framework of 'combat pilot' as you prefer.

Or what solution would you propose? Should speculators stop driving up prices, or is it their right in the sandbox? Should industrialists sell wares without profit to accommodate everyone's needs for cheap scrub-tier spacecraft?

i just locked an open door.. strange, yet symbolically compelling.
Barakach
Caldari Provisions
Caldari State
#7 - 2012-04-09 01:38:05 UTC
Perihelion Olenard wrote:
Ottersmacker wrote:
prices for products are high you say?
damn, sounds like an excellent time to, you know, produce and sell the products.

I'm a combat pilot, not an industrial pilot. I want to do combat, not mine and make ships. Isn't this supposed to be a "sandbox" as people like to call it?


"sandbox" as in mostly unregulated.

This should be a temporary transition. As minerals prices go up, more miners will show up to take advantage of the high value of minerals. As more and more minerals pack into the market, prices will go down. As prices of minerals go down from the growing supply, more people will start manufacturing.

It's a free market, the people set the prices, not CCP.
Perihelion Olenard
#8 - 2012-04-09 01:43:23 UTC
I don't know enough about economics to offer solutions to rising prices for minerals, and therefore ships. I also don't have a solution to inflation. I'm just very concerned that this trend could continue without increasing the rewards from combat missions and bounties. I sold my old character so I have a buffer of isk. However, these prices will put ships out of range for new pilots. I have played prior to 2010 and missions alone were adequate to pay for all my PvP ships, even some faction/deadspace fits. I didn't even have to loot or salvage. But, prices have increased a lot since then.
Block Ukx
420 Enterprises.
#9 - 2012-04-09 02:00:30 UTC
Perihelion Olenard wrote:
I don't know enough about economics to offer solutions to rising prices for minerals, and therefore ships.



We saw this comming and offered MRDs as a solution to rising prices.
Perihelion Olenard
#10 - 2012-04-09 02:06:32 UTC
Block Ukx wrote:
Perihelion Olenard wrote:
I don't know enough about economics to offer solutions to rising prices for minerals, and therefore ships.



We saw this comming and offered MRDs as a solution to rising prices.



MRD?
Xaqa
Doomheim
#11 - 2012-04-09 02:08:23 UTC
I would stop now.

Keep in mind: if things can go up, they can go down.

The Cryptic Arch - Always Building
Perihelion Olenard
#12 - 2012-04-09 02:11:53 UTC
Xaqa wrote:
I would stop now.

Keep in mind: if things can go up, they can go down.

Stop what, exactly? Asking questions and being concerned? And what is a MRD?
Block Ukx
420 Enterprises.
#13 - 2012-04-09 02:16:21 UTC
Perihelion Olenard wrote:

MRD?



Mineral Reserve Dollar

Prospectus

Stock Exchange
Jas Dor
Republic University
Minmatar Republic
#14 - 2012-04-09 03:04:09 UTC
PvP in eve is ending. We needed a special combination of secure neutral zone (high sec) and sec resource inputs (mission loot) to make it workable. CCP nerfed those. Unfortunately the price at which enough people will mine to meet demand is higher than the price people are willing to pay for PvP ships.

Either CCP does something or market forces are going to make PvP unaffordable for the mass of players. I don't think CCP has fully grasped this yet. I expect they will do so after another price doubling.
Brock Nelson
#15 - 2012-04-09 03:15:55 UTC
Good lord Jas...we're being overly dramatic aren't we?

Buy a time machine and go back to 2007 and let me know how much everything is

Signature removed, CCP Phantom
Moto Akimoto
Tengu and Cash
#16 - 2012-04-09 03:43:21 UTC
This market is awesome!

I wish market prices would swing like this all year long. Smile
Nohb Oddy
Federal Navy Academy
Gallente Federation
#17 - 2012-04-09 03:47:29 UTC
You're a PvP pilot who is having a hard time dealing with the market price changes?

Here's what you do: Pick up a hauler, and go out looting cans from people jet can mining.

Or, fit up a Destroyer and go out seeking mining ships with weak tanks and see if you can take them out before CONCORD gets you.

Or, Get into a BS and stick miners on it (Rohk works well I've heard) and join them until the market settles.

Nohb Oddy likes you.
Comy 1
Imperial Shipment
Amarr Empire
#18 - 2012-04-09 03:53:44 UTC
Perihelion Olenard wrote:
I don't know enough about economics to offer solutions to rising prices for minerals, and therefore ships. I also don't have a solution to inflation. I'm just very concerned that this trend could continue without increasing the rewards from combat missions and bounties. I sold my old character so I have a buffer of isk. However, these prices will put ships out of range for new pilots. I have played prior to 2010 and missions alone were adequate to pay for all my PvP ships, even some faction/deadspace fits. I didn't even have to loot or salvage. But, prices have increased a lot since then.


Actually, I would say that the reason to why the prices of ships are increasing is BECAUSE combat missions, incursions etc pay too much. Which sane person would cut his income in half to mine or manufacture when all you can do is join one of the "elite" incursion fleets and print isk like if there was no tomorrow.

When everyone gets rich by doing this, combined with the drone region change mineral prices are bound to go up, since not enough people will mine enough minerals to keep the prices on the same level as before.

So if you really want cheaper ships. Ask CCP to LOWER all income from combat related PvE to make more people spend their time PvEing by mining and manufacturing.
Nohb Oddy
Federal Navy Academy
Gallente Federation
#19 - 2012-04-09 04:14:12 UTC
Comy 1 wrote:
Perihelion Olenard wrote:
I don't know enough about economics to offer solutions to rising prices for minerals, and therefore ships. I also don't have a solution to inflation. I'm just very concerned that this trend could continue without increasing the rewards from combat missions and bounties. I sold my old character so I have a buffer of isk. However, these prices will put ships out of range for new pilots. I have played prior to 2010 and missions alone were adequate to pay for all my PvP ships, even some faction/deadspace fits. I didn't even have to loot or salvage. But, prices have increased a lot since then.


Actually, I would say that the reason to why the prices of ships are increasing is BECAUSE combat missions, incursions etc pay too much. Which sane person would cut his income in half to mine or manufacture when all you can do is join one of the "elite" incursion fleets and print isk like if there was no tomorrow.

When everyone gets rich by doing this, combined with the drone region change mineral prices are bound to go up, since not enough people will mine enough minerals to keep the prices on the same level as before.

So if you really want cheaper ships. Ask CCP to LOWER all income from combat related PvE to make more people spend their time PvEing by mining and manufacturing.

Coming from the man with a Monocle.

Nohb Oddy likes you.
Comy 1
Imperial Shipment
Amarr Empire
#20 - 2012-04-09 04:15:29 UTC
Nohb Oddy wrote:
Coming from the man with a Monocle.


The fact that I'm beautiful doesn't make it less true.
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