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OH god,.... the morphite!!

First post
Author
OllieNorth
Recidivists Incorporated
#41 - 2012-04-16 18:27:11 UTC
Javajunky wrote:
Goontears, goonbiatching, and goonwhinery


I wasn't paying attention, did Mittens get booted from CSM? Is that why Goons get diarrhea every time Darius III posts? Still, goon tears is best tears.

PS Three degrees is really cool especially when you brag about it on the interwebs. I for one am very impressed.

::totallyserious.jpg::
Herman Klaus
Touched By Klaus
#42 - 2012-04-16 19:02:52 UTC
lol at the person who just tried to panic crash the morphite market and got all their cheap morphite bought up. NOM NOM.

Thank you

Lol
corestwo
Goonfleet Investment Banking
#43 - 2012-04-16 19:17:47 UTC
OllieNorth wrote:
Javajunky wrote:
Goontears, goonbiatching, and goonwhinery


I wasn't paying attention, did Mittens get booted from CSM? Is that why Goons get diarrhea every time Darius III posts? Still, goon tears is best tears.

PS Three degrees is really cool especially when you brag about it on the interwebs. I for one am very impressed.

::totallyserious.jpg::


ETNY are actually our resident miners. If one of them is crapping on Darius III in this thread, it's because Darius III is talking about his ass, and the ETNY guy knows better.


(ps, ETNY is former Mercenary Coalition, so they're not exactly goons to begin with Blink)

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

Derp Durrr
University of Caille
Gallente Federation
#44 - 2012-04-16 21:34:05 UTC
Herman Klaus wrote:
lol at the person who just tried to panic crash the morphite market and got all their cheap morphite bought up. NOM NOM.

Thank you

Lol



This!

Badman Troll / Julian Koll, thanks for the quick iskies! not sure if it was your desired outcome, but I definately benefited from it... Twisted let me know when you're planning to do this again and I'll be there for ya!

Founder of the soon-to-be Legendary Tournament series -=DESTRUCTION DERPY=- Are you up for the challenge? Join our ingame channel Destruction Derpy today!

Driftfire
Northern Star Enterprises
#45 - 2012-04-19 12:27:56 UTC
OK some interesting stats gleened from John Turbefield ( @CCP_Diagoras ) Tweets



( 28/29 feb 2012 ):
"Least mined groups in terms of m3 yesterday: Mercoxit (15.3m)"

This is about 800k volume for Morph per day


More recently he states that ~40million [ units of Morphite ] was 'refined' in March ( I am guessing that this includes reprocessed (aka alloys)
This is about 1.3 Mill a day.

This suggests that of total quantities 40% odd comes from Drones and 60% from mining.

Interestingly only 4k Skiffs were made in 2011 compared to 68k Hulks....



Driftfire
Northern Star Enterprises
#46 - 2012-04-19 12:30:56 UTC
Just got a Tweet back on this:




2h XXXXXXXXXXXXXX‏@Driftspite
@CCP_Diagoras So does this figure of ~40m Morphite refined include 'reprocessed' Quantities ( Opulent Compound )?
John Turbefield‏@CCP_Diagoras


@Driftspite @CCP_Diagoras iirc yes, the numbers were from *all* refines.
Retar Aveymone
GoonWaffe
Goonswarm Federation
#47 - 2012-04-19 14:14:57 UTC
there's a really good reason morphite will return to junk status, but only 0.0 residents with experience with a particular aspect of 0.0 that's mostly unused right now could spot

i'll give you a hint: it's forced bottlenecking
Gingerlord
Center for Advanced Studies
Gallente Federation
#48 - 2012-04-19 15:34:50 UTC
If 0.0 are able to control the morphite then why not just let the price skyrocket?
Retar Aveymone
GoonWaffe
Goonswarm Federation
#49 - 2012-04-19 15:40:43 UTC
just organizing a tech cartel is hard enough a morphite one would be impossible
Ivan The Brute
Dolphin Deliveries
#50 - 2012-04-19 15:53:34 UTC
Retar Aveymone wrote:
just organizing a tech cartel is hard enough a morphite one would be impossible


no need for a cartel, with morphite availability limited to null the price will have to go up one way or another. considering how much of it came from drones, it's gonna be a bloodbath few months from now to get your hands on a decent stash. true, morphite will never hit the current 165-175k reach of technetium, but a fair 20-30k seems very likely. and I'll be waiting for that day to come...Twisted
Herman Klaus
Touched By Klaus
#51 - 2012-04-19 15:54:12 UTC
Retar Aveymone wrote:
just organizing a tech cartel is hard enough a morphite one would be impossible


Nothing is impossible. What's to stop the Power Bloc's rolling over any smaller alliance that try to upgrade their systems to get a worthwhile amount of Merc to mine?
Driftfire
Northern Star Enterprises
#52 - 2012-04-19 16:00:46 UTC
Looking at the supply side Mercoxit is found in the sites:

Small 0;
Medium 10,000;
Large 10000;
X Large 15000;
Giant 15000;

I am also not getting the concept that Mecroxit is the ugly child of mining. Industry post appear to suggest that clearing our other ores is the pain.

To increase Morphite prouction significantly miners would also have to clear out all the other roids....
Retar Aveymone
GoonWaffe
Goonswarm Federation
#53 - 2012-04-19 16:04:42 UTC
Driftfire wrote:
Looking at the supply side Mercoxit is found in the sites:

Small 0;
Medium 10,000;
Large 10000;
X Large 15000;
Giant 15000;

I am also not getting the concept that Mecroxit is the ugly child of mining. Industry post appear to suggest that clearing our other ores is the pain.

To increase Morphite prouction significantly miners would also have to clear out all the other roids....

dingdingdingdingding

morphite will be dramatically oversupplied because you must mine it out of those large sites to cycle them (and the standard way to deal with mining anoms is keep cycling the large), and this is how largescale mining is "done" in 0.0 (and will be much more common with the current prices, so much so i have to put together a system to manage these and avoid fights over people cherrypicking them at downtime)

this supply of morphite will exceed demand, and result in prices being pushed back down, but since you must mine that morphite to cycle the anom for new good roids, you have to mine it even if you don't want it
Ivan The Brute
Dolphin Deliveries
#54 - 2012-04-19 16:06:19 UTC  |  Edited by: Ivan The Brute
Driftfire wrote:
Looking at the supply side Mercoxit is found in the sites:

Small 0;
Medium 10,000;
Large 10000;
X Large 15000;
Giant 15000;

I am also not getting the concept that Mecroxit is the ugly child of mining. Industry post appear to suggest that clearing our other ores is the pain.

To increase Morphite prouction significantly miners would also have to clear out all the other roids....


I believe this is from before the drone nerf, where mining veldspar was close to more profitable than morphite. "ABC's FTW, mercoxit meh..." times will change from here, where mercoxit once more shall reign the mineral charts.

---- EDIT ----

Also, I believe in the next changes the ammount of mercoxit from the x-large site will tripple to 45k, is that correct?
Retar Aveymone
GoonWaffe
Goonswarm Federation
#55 - 2012-04-19 16:10:56 UTC
Herman Klaus wrote:
Retar Aveymone wrote:
just organizing a tech cartel is hard enough a morphite one would be impossible


Nothing is impossible. What's to stop the Power Bloc's rolling over any smaller alliance that try to upgrade their systems to get a worthwhile amount of Merc to mine?

merc spawns in belts
Herman Klaus
Touched By Klaus
#56 - 2012-04-19 16:44:37 UTC
Desperate attempts to scare people into selling and push prices down. Miss the boat did you?
Revan Rotineque
The Scope
Gallente Federation
#57 - 2012-04-19 17:29:04 UTC
Retar Aveymone wrote:
Driftfire wrote:
Looking at the supply side Mercoxit is found in the sites:

Small 0;
Medium 10,000;
Large 10000;
X Large 15000;
Giant 15000;

I am also not getting the concept that Mecroxit is the ugly child of mining. Industry post appear to suggest that clearing our other ores is the pain.

To increase Morphite prouction significantly miners would also have to clear out all the other roids....

dingdingdingdingding

morphite will be dramatically oversupplied because you must mine it out of those large sites to cycle them (and the standard way to deal with mining anoms is keep cycling the large), and this is how largescale mining is "done" in 0.0 (and will be much more common with the current prices, so much so i have to put together a system to manage these and avoid fights over people cherrypicking them at downtime)

this supply of morphite will exceed demand, and result in prices being pushed back down, but since you must mine that morphite to cycle the anom for new good roids, you have to mine it even if you don't want it



Yeah lol

Cos we all know Goons are well known miners right? Somebody want to see the market crash? ;)
Javajunky
Federal Navy Academy
Gallente Federation
#58 - 2012-04-19 17:37:54 UTC  |  Edited by: Javajunky
Driftfire wrote:
Looking at the supply side Mercoxit is found in the sites:

Small 0;
Medium 10,000;
Large 10000;
X Large 15000;
Giant 15000;

I am also not getting the concept that Mecroxit is the ugly child of mining. Industry post appear to suggest that clearing our other ores is the pain.

To increase Morphite prouction significantly miners would also have to clear out all the other roids....


As the only person here that actually is a professional miner let me help you out...

X Large 45000;

This change went into effect with Crucible. I've got miners all over the place chasing abc's but I seem to be the only one who's grabbing mercoxit and that works. It's actually funny to watch people run around chasing bistot rocks when crok is worth more at the moment, but most miners just go with kjnow to be generally accurate and last not what's best at the moment...

For traders...

Stock Markets with Skiffs, they will sell to bring down the price of merc after the spike. For builders, if you're not filling up your copy slots with ark, bistot, crok, and merc bpo's, you're getting a little late to the game. Don't forget how long it takes for those BPO's to copy << cough cough>> market opportunity bottleneck << cough cough >>...

Java...

Because mining is what the cool kids do...
Driftfire
Northern Star Enterprises
#59 - 2012-04-19 17:42:48 UTC
Retar Aveymone wrote:
Driftfire wrote:
Looking at the supply side Mercoxit is found in the sites:

Small 0;
Medium 10,000;
Large 10000;
X Large 15000;
Giant 15000;

I am also not getting the concept that Mecroxit is the ugly child of mining. Industry post appear to suggest that clearing our other ores is the pain.

To increase Morphite prouction significantly miners would also have to clear out all the other roids....

dingdingdingdingding

morphite will be dramatically oversupplied because you must mine it out of those large sites to cycle them (and the standard way to deal with mining anoms is keep cycling the large), and this is how largescale mining is "done" in 0.0 (and will be much more common with the current prices, so much so i have to put together a system to manage these and avoid fights over people cherrypicking them at downtime)

this supply of morphite will exceed demand, and result in prices being pushed back down, but since you must mine that morphite to cycle the anom for new good roids, you have to mine it even if you don't want it



Your arguement hinges on your assumption that Morcoxit is worthless: "morphite will be dramatically oversupplied because you must mine it out of those large sites to cycle them " - I guess it is the same way gold is.

And your extended arguement for it to crash is because it will have a 60% supply shortfall ( amount of morph from drones ) which makes no sense...
Retar Aveymone
GoonWaffe
Goonswarm Federation
#60 - 2012-04-19 18:40:06 UTC  |  Edited by: Retar Aveymone
argh the stupid forums ate my post