Science & Industry

Hulkageddon was a brilliant scheme.

It rose the price of minerals a tenthfold. higher than they've ever been in more than 1.5 years.

It looked like no one would benefit from it. That it would be just for the sake of grief.

But as we know in EvE, not everything is as it seems.


They spent a very tiny sum of isk funding hulkageddon, while prior to the event starting, they hoarded and hoarded minerals.

As soon as the event started, they sat back and watched, as the majority, i dare say, 70-80% of the supply out there, composed of small operation miners, dropped and dropped, while prices rose and rose.
Soon they would reach a ever high.

Not only that, they fed you and majority of people the coolaid.

In the dark shadows the stellar winds carried the whispers of unknown faces. They whispered in the dark "hold your minerals, don't sell, they will go up and up. When the storm passes, you will sit upon wealth.

Those rumors spread,

What was once a rumor, became advice. What was once a whisper in the shadow, became your friend, your pal, telling you sound advice.

You nodded and complied, with greed blinding you to what was happening right in front of you. All it took was careful examination of graphs and numbers.


People were blinded by the shiny promise of greed and wealth. While those who knew what happened, prepared to replace them.

So the common joe didn't sell. Supply became scarce. Or so everyone thought.

but hidden behind the volume supply, were the true owners of the supply available.

supply availability didn't actually change. The people selling it, did.

The only ones selling were the ones knowing prices would drop, not even before hulkageddon ended. Who were these people?

The same ones who long before were hidden in the darkness, whispering to the ears of the naive.

so in short:
Goons hoarded a load of minerals; started hulkageddon, spent 10 bucks funding it, and then made that a thousand times, selling and controlling the bulk supply. All they had to do is just sit back and squeeze and let the market breath a little to let it's cry reach ever high prices.

As soon as the amount of hulks being killed dropped as everyone got bored, more and more hulks left the dark in their caves. Supply flooded, inferno released. And prices dropped.

and keep dropping faster than it takes you to read this post.

Goons owned everybody. Everywhere.

Sue me. I like to write. duh?

Almost everything in the OP is entirely wrong.

Nobody likes to admit they got played.

9/11 anyone ?

In-game Price History shows a steady increase in the cost of Tritanium in Jita (about as bell weather a price as their can be) starting around December 2011. Hulk V started at the beginning of May 2012. At the beginning of May, both price and sales volume fell. Since then, the price has inched up and is about on par with what we saw at the beginning of May.

Color me not impressed.

https://forums.eveonline.com/default.aspx?g=posts&m=1238506#post1238506



That aside, I'm pretty sure there's no [citation needed] for common knowledge.

Drone Poo nerf caused the Mineral basket to rise, not Hulkageddon.

Hulkageddon's financiers (GSF) are making money from it in the form of increased demand for Tech, given that 70-80% of a Hulk by price is Tech.

GSF made no secret of the fact that that's the reason they are financing HAG. Just like they told literally everyone their plan for the Ice interdictions and Burn Jita (and people still thought GSF was mining Ice for topes in Null).


Minerals aren't relevant to HAG.

Hulkageddon is to raise prices on moon goo, the kind used in hulks, Not to raise mineral prices.

Drone nerf
Loot nerf
Merchant greed

those are the primary causes of mineral prices going up.

Really? Merchant "greed"? You mean people wanting to make a profit? Market forces and competition control greed.. There isn't much margin for greedy actions in eve... unless you are talking about corporate theft or scams.

Problems in the real world with "greed" have more to do with the fact that there isn't enough competition in many markets. and the government is highly responsible for this trend.

Saw the rush. - check

Predicted the market to over shoot the long term future averages due to changes. - check

Bought and sold all the way to the peak - check

Felt the market sputter and got out - check

Made billions and watched the panic -check

I personally had no connection with goon and based my prodictions on the drone and t1 mod changes.
Looks like some other traders did the same.

@ OP: You have no proof that goons did anything and yet ask for proof they didn't? Time to change your meds.