Market Discussions

Just the effects of the BRN. There is nothing but psychology holding the value of nocx below 1kpu.


It hits 1kpu people get nervous and offload stocks, price drops. It's getting quicker at recovering though.

psy-barrier. as been stated above me.
once the prices will steadily cross the 1000, people will create a new barrier, could be at 1100, could be at 2000, no one knows. That's how it is.

In the areas that I have been watching, around Genesis, Kador and The Forge there are one or two new faces for every dozen regulars or so. Not a significant increase.

Exactly :o) And coincidentally, Tornados contain zero nocx :o)

Of all the recent mineral posts very few of them (with the exception of Scrapyard Bob) have any attempt at math content, mostly relying on gut feeling and treating individual minerals in isolation.

Whether there's enough pyrox in high sec to supply all the needed nocx is up for debate, what with the very small quantities contained within - but what we can be rather sure of is that no highsec ore will run away from the others in isk/hour and we can be fairly sure that the closer the isk/hour of mining gets to L4 mission running the more bears will turn mining.

To put it simply - the question you have to ask is will the price of nocx be dictated by high sec mining or by null sec mining?

If the price of nocx is ultimately determined by high sec mining then no, the price of nocx will only reach 2000 if (a) the price of mexallon plummets through the floor or (b) the price of trit rises to 10+.

If the price of nocx is determined by null sec mining and rises to 2000 then the price of mexallon will plummet through the floor.


High sec ores will track eachother quite well in isk/hour. If the price of nocx rises (eg because it's price is determined by null mining) then this would result in pyroxes being vastly more profitable in high sec than other ores - that scenario won't last more than a few days, the flood of miners to pyrox will result in an oversupply of mex resulting in that plummeting until the isk/hour of pyroxes is closer to other high sec ores.

See, the thing is VV, I'm not capable of understanding all that TA stuff. Even with my hair up it still goes straight over my head. The BRN is something simple enough for me to understand even if it does start making me think that your whole TA thing is a troll that I just didn't get.

BRN? Oh, VV and Market Voodo? So BRN must be "Big Round Number"?

I wonder if the BRN magic is happening in the ore value spreadsheet. After all, 200 ISK/m3 is a significant income for a hisec miner. That's a significant BRN on the spreadsheet.

Once the existing inventories are used, the influx from Empire miners will no longer be able to hold down the price.

Give it a few weeks, and prices will rise steadily.

Prices will also take a bit of a dip now and then as folks get impatient and take profits... or simply run out of HULKs.

Mook

Sometime next week comes Hulkageddon which will leave hardly anyone mining ANY descent amount in High Sec.

Shortly to follow is the Drone Alloy change.

I don't think we have even seen the beginning of it yet.

3,000 ISK Nocxium is probably not too far away TBH.

I can give everyone a strong indicator that it is time to get out of minerals:

I am strongly considering resubbing my mining alt. As soon as I do this, the mineral basket is literally guaranteed to crash. Usually within minutes. As a result, I am willing to take donations to ensure that said mining alt is not resubbed. Send ISK to this character.