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Market Discussions

 
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Crazy Market Prices

Author
Riley Moore
Sentinum Research
#21 - 2012-04-09 04:22:20 UTC
Comy 1 wrote:
Nohb Oddy wrote:
Coming from the man with a Monocle.


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


Quite right my dear friend. Personally I can afford many monocles, but I chose not to because my glasses are awesome.

Prices go up, people need to suck it up. PVP fleets fitting t2 battleships 24/7 is not fun. It'll be good when battleships are too costly to just throw away. Being forced from a financial pov to do smaller ship fleets will make pvp a bit more fun, especially for newer people.

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

Nohb Oddy
Federal Navy Academy
Gallente Federation
#22 - 2012-04-09 04:25:21 UTC
Riley Moore wrote:
Comy 1 wrote:
Nohb Oddy wrote:
Coming from the man with a Monocle.


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


Quite right my dear friend. Personally I can afford many monocles, but I chose not to because my glasses are awesome.

So we've got two isk mongers sitting on their high horses telling everyone else just to 'suck it up.' Why not just follow this up with "Let them eat cake" just for good measure.

Nohb Oddy likes you.

Comy 1
Imperial Shipment
Amarr Empire
#23 - 2012-04-09 04:30:47 UTC
Nohb Oddy wrote:
Riley Moore wrote:
Comy 1 wrote:
Nohb Oddy wrote:
Coming from the man with a Monocle.


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


Quite right my dear friend. Personally I can afford many monocles, but I chose not to because my glasses are awesome.

So we've got two isk mongers sitting on their high horses telling everyone else just to 'suck it up.' Why not just follow this up with "Let them eat cake" just for good measure.


So basically what you want, is for everyone to get more isk, while prices stay the same? There will always be rich and poor people in EVE, the only thing that can change is that the average Joe has either a big or small number in his wallet. If the average guy suddenly has double the ammount of liquid isk than he had 1 year ago, I will be damned if the price of ships will not be the double aswell.

People get rich in EVE because they go (atleast) 1 step further than the average guy, put in the extra hour, do the research or perfect his gameplay. No fine tuning to mission payouts, bounties or incursion rewards are gonna change that.

Knowledge is power in EVE.

Know how to get isk, and you shall get it.
Jas Dor
Republic University
Minmatar Republic
#24 - 2012-04-09 04:36:54 UTC
Brock Nelson wrote:
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


Brock Nelson wrote:
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


Excluding T2 goods these prices are high even for 2007 (for one thing Trit was around 2.5/unit back then). Drake is at 53m now. I expect it'll top 60m by the end of the week.


Lets say a hulk is going to pull 1600m/3 minute (about what you would expect from a hulk that is near maxed out according to EFT). =50000000/60/( (1600/71.17) *1000)

If the miner is mining veld and wants to make 50m/hours that gives us a price for trit of around 37. For 20m/hour it gives us 14.82.

Unless CCP caps mineral prices, things are going to get interesting. It isn't just a matter of nerfing incursions. CCP would need to nerf level 4 missions blow the 20m / hour point to make mining worth it.

Conclusion: most miners were bots and CCP just opened up a can of consequences in banning them.
Nohb Oddy
Federal Navy Academy
Gallente Federation
#25 - 2012-04-09 05:01:15 UTC
Oh, don't get me wrong. I feel that those without isk are without isk for a reason. And if they want isk they should do something about it instead of complaining. I just find it funny that it is the person with a monocle talking down to others.

CCP should not step in and do any price setting or adjusting. Sure, these prices may be the result of bot banning, and RMT asset removal. It is just a change. Those who are unable to adapt will suffer, those who can will prosper. That IS the nature of EvE, and the foundation of a good Sandbox game.

Nohb Oddy likes you.

Comy 1
Imperial Shipment
Amarr Empire
#26 - 2012-04-09 07:31:40 UTC
Nohb Oddy wrote:
Oh, don't get me wrong. I feel that those without isk are without isk for a reason. And if they want isk they should do something about it instead of complaining. I just find it funny that it is the person with a monocle talking down to others.

CCP should not step in and do any price setting or adjusting. Sure, these prices may be the result of bot banning, and RMT asset removal. It is just a change. Those who are unable to adapt will suffer, those who can will prosper. That IS the nature of EvE, and the foundation of a good Sandbox game.


So because my internet spaceship avatar is wearing a monocle, my attempt to explain what is happening is considered looking down at people?

Geez hypocrite.
Nateddog
The Scope
Gallente Federation
#27 - 2012-04-09 08:19:18 UTC
One of the things that makes EVE so unique is its dog eat dog world feel. Whether talking about free market forces, pvp mechanics or anything else. I think that the less CCP does the better, when it comes to the economic side of the game. I welcome the market shakeup and the fact that when the dust settles prices will probably be more reflective of actual market clearing prices. This can only make a market more efficient. To suggest that rising prices of goods will prevent a virtual world of players who all have the desire to blow up internet spaceships from doing so, is simply wrong. All of us will still be here wanting to blow stuff up, ships will still take the same amount of minerals to build, and rocks will still be floating in belts just waiting for the chance to become your next drake :)
Vaal Erit
Science and Trade Institute
Caldari State
#28 - 2012-04-09 08:23:51 UTC
Not sure why there are so many flames for such an easy answer.

Prices are going up because mineral prices are going up. Minerals are going up because:

-Mining bots are being banned 24/7, not in waves
-Speculation due to drones lands giving bounties instead of alloys come Inferno
-Speculation due to missions not dropping meta 0 loot come Inferno
-Nocxium price ceiling removed, allowing it to go as high as it wants to go
-People not building/mining in fear of Burn Jita and Hulkageddon operations
-People holding onto minerals for the Inferno patch to see how high prices will go

In my really awful and most likely wrong opinion I don't think prices will increase that much more due to Inferno, maybe plus 20%-30% or even drop down a bit who knows. Some mineral prices are close to what they were pre-drone lands and a lot of mission refined minerals come from meta 1-3 mods so I feel like we've seen the worst of it.
Vaerah Vahrokha
Vahrokh Consulting
#29 - 2012-04-09 08:32:50 UTC
PvP happens.

Usually with pew pew ships, this time with pew pew markets.

For once it's the pew pew ships who have to harden up, reroll an indy character and go mine. Waiting for yer tears when you'll get popped though.
Ank Parkor
WildSpace Otters
#30 - 2012-04-09 08:35:20 UTC
So you thought that only pvpers can grief us?
Ice interdiction? Hulk interdiction?
Now it's ship interdiction. Have fun with pvp in your rookie ship Lol

Traders/Indy/Miners unite!

... Let me dream.

[u]Short time trader, short term missionner, long term ambitions.[/u]

Bring justice to EVE: https://forums.eveonline.com/default.aspx?g=posts&m=1171333

Nohb Oddy
Federal Navy Academy
Gallente Federation
#31 - 2012-04-09 09:08:15 UTC
Comy 1 wrote:
So because my internet spaceship avatar is wearing a monocle, my attempt to explain what is happening is considered looking down at people?

Yes.

Nohb Oddy likes you.

Adunh Slavy
#32 - 2012-04-09 11:16:17 UTC
Nohb Oddy wrote:
Comy 1 wrote:
So because my internet spaceship avatar is wearing a monocle, my attempt to explain what is happening is considered looking down at people?

Yes.



I'm not wearing a monocle. Comy 1 is right.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

Itis Zhellin
#33 - 2012-04-09 11:30:07 UTC
Vaal Erit wrote:
...
-People not building/mining in fear of Burn Jita and Hulkageddon operations
...

Being new to the game, wanna ask why should I care about this? In fact, why should I care about Jita as long I can sell my stuff in Dodixie at the same price and rate. Dodixie is much closer to my base and have less gankers. Just trying to understand the basics..
Unholy Reindeer
The Scope
Gallente Federation
#34 - 2012-04-09 12:32:46 UTC
Itis Zhellin wrote:
Vaal Erit wrote:
...
-People not building/mining in fear of Burn Jita and Hulkageddon operations
...

Being new to the game, wanna ask why should I care about this? In fact, why should I care about Jita as long I can sell my stuff in Dodixie at the same price and rate. Dodixie is much closer to my base and have less gankers. Just trying to understand the basics..


Because Jita is bigger :D
It's much often regarded as the trading capital. Dodixie is the second largest.
Adunh Slavy
#35 - 2012-04-09 12:44:51 UTC
Unholy Reindeer wrote:
It's much often regarded as the trading capital. Dodixie is the second largest.


Sure about that? Going to bet on Amarr.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

March rabbit
Aliastra
Gallente Federation
#36 - 2012-04-09 12:50:26 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?

Lol

isn't it the same what are saying so called "carebears": we don't want to pvp, isn't Eve a sandbox?
LolLolLol

The Mittani: "the inappropriate drunked joke"

Scrapyard Bob
EVE University
Ivy League
#37 - 2012-04-09 14:02:19 UTC
Jas Dor wrote:

Excluding T2 goods these prices are high even for 2007 (for one thing Trit was around 2.5/unit back then). Drake is at 53m now. I expect it'll top 60m by the end of the week.


Lets say a hulk is going to pull 1600m/3 minute (about what you would expect from a hulk that is near maxed out according to EFT). =50000000/60/( (1600/71.17) *1000)

If the miner is mining veld and wants to make 50m/hours that gives us a price for trit of around 37. For 20m/hour it gives us 14.82.

Unless CCP caps mineral prices, things are going to get interesting. It isn't just a matter of nerfing incursions. CCP would need to nerf level 4 missions blow the 20m / hour point to make mining worth it.

Conclusion: most miners were bots and CCP just opened up a can of consequences in banning them.


Your numbers are off by a factor of about 4 (or more).

Solo hulk in hi-sec, maxed out with T2 strips, T2 crystals and level V skills (no implants) will mine about 95k m3/hr, including dock/unload time. If Tritanium is selling for 6.67, that makes regular Veld worth 200 ISK/m3. Therefore 200 * 95k m3/hr = 19M ISK/hr.

As for the original poster, I present to you the EVE Mineral Price Index. As it goes up, so do T1 product prices.

http://www.evemarketeer.com/trade/mineralindex
Itis Zhellin
#38 - 2012-04-09 15:23:47 UTC
Unholy Reindeer wrote:
Itis Zhellin wrote:
Vaal Erit wrote:
...
-People not building/mining in fear of Burn Jita and Hulkageddon operations
...

Being new to the game, wanna ask why should I care about this? In fact, why should I care about Jita as long I can sell my stuff in Dodixie at the same price and rate. Dodixie is much closer to my base and have less gankers. Just trying to understand the basics..


Because Jita is bigger :D
It's much often regarded as the trading capital. Dodixie is the second largest.

Bigger it's not always better (that's what she said) :D As a trader I tend haul my stuff where is less drama, so for me Dodixie is the best place to trade. Maybe in Jita I can sell stuff faster, but also I will live shorter.

Anyway, I'm happy to hear that Dodixie is not only a minor trading hub. So I will keep trading here and let Jita burn or whatever they wanna do with it.
Barakach
Caldari Provisions
Caldari State
#39 - 2012-04-09 15:54:00 UTC
Unholy Reindeer wrote:
Itis Zhellin wrote:
Vaal Erit wrote:
...
-People not building/mining in fear of Burn Jita and Hulkageddon operations
...

Being new to the game, wanna ask why should I care about this? In fact, why should I care about Jita as long I can sell my stuff in Dodixie at the same price and rate. Dodixie is much closer to my base and have less gankers. Just trying to understand the basics..


Because Jita is bigger :D
It's much often regarded as the trading capital. Dodixie is the second largest.


I do a lot of trade in minerals/ammo/ships, and I find Rens has tighter margins and better movement than Dodixie. I'm not sure about other parts of the market, but I find Rens a better hub but is less central.
Radelix Cisko
JUMP DRIVE ACTIVE
#40 - 2012-04-09 16:01:02 UTC
Nohb Oddy wrote:
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.


+1 on the Rokh Miner. I get bored waiting for corpies so I jetcan mine to pass time until pew pew happens. Nice little supplementary income but wont do it full time.

Despite my posting prowess I really am terrible at this game