These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
12Next page
 

zydrine jita price
Author
Previous Topic Next Topic
Hurtado Soneka
Deep Core Mining Inc.
Caldari State
#1 - 2012-05-31 18:58:58 UTC
was wondering if anybody had an explanation for the price drop in both buy/sell for zydrine in Jita, has somebody pumped a few billion units into the local market recently?
Dezolf
DAX Action Stance
#2 - 2012-05-31 20:32:57 UTC
[Game_Provider] recently changed the [drop_rate/mineral_composition] of [market_item] on [test_server] for 6 [hours/days] before setting it back. [OP] is just trying to [buy/sell] in anticipation of the change. If you [sell/buy] this item now you will loose out on the patch.

(Stolen from here)
hermot
The No One Cares Corp
#3 - 2012-05-31 21:23:45 UTC
It seems that people are dumping stockpiles they bought at premium rates prior to the announcement and driving prices down as they try to minimize their losses. This is now seeming to be typical oversupply as these stockpiles are run through.

Wyke Mossari
Staner Industries
#4 - 2012-06-01 18:56:09 UTC

Buyers are manipulating the price downwards to snag the last of the drone droppings production.
Kara Books
Deal with IT.
#5 - 2012-06-02 00:58:48 UTC
I believe there is a far more simple explanation concerning the prices.

This is what the price of an item looks like when there is no manipulation involved.

The price will shoot up eventually, but not in the very near future.
papamike
Aliastra
Gallente Federation
#6 - 2012-06-02 11:08:33 UTC
Is it just me or does it seem that the volume of trade going on currently dwarfs the amount of trade pre-spike?
corestwo
Goonfleet Investment Banking
#7 - 2012-06-02 15:43:27 UTC
papamike wrote:
Is it just me or does it seem that the volume of trade going on currently dwarfs the amount of trade pre-spike?



Sort of. Going a full year back, the volume back to that full year up until March 10th was about 41m units a day. From March 11th (when it was confirmed at fanfest and people went on a buying frenzy) to April 15th (the peak, more or less) the average was 100m units a day, and then from the 16th until now, volume is about 52m units a day.

This is all Jita volume, of course, but its easily explained by speculators and people wanting to get out, or in, as the case may be. Its a volatile market which makes it attractive for a margin trader, as well.

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

fofofo
papamike
Aliastra
Gallente Federation
#8 - 2012-06-02 17:04:35 UTC  |  Edited by: papamike
corestwo wrote:
papamike wrote:
Is it just me or does it seem that the volume of trade going on currently dwarfs the amount of trade pre-spike?



Sort of. Going a full year back, the volume back to that full year up until March 10th was about 41m units a day. From March 11th (when it was confirmed at fanfest and people went on a buying frenzy) to April 15th (the peak, more or less) the average was 100m units a day, and then from the 16th until now, volume is about 52m units a day.

This is all Jita volume, of course, but its easily explained by speculators and people wanting to get out, or in, as the case may be. Its a volatile market which makes it attractive for a margin trader, as well.



I probably should have been more specific. Apart from the high spikes in volume that occurred in the March-April period, there is still a very consistent volume of trade that is markedly higher then pre-nerf/announcement. From my reckoning (and as core pointed out) there is still speculation and margin trading going on.

Would it be accurate to assume there are a lot of speculators who assume that buying in @ 1500---800? is still a good long term bet? The increase in volume cannot be explained by increased production, could it?

Either way, someone at least thinks zydrine is worth buying into at these prices, despite the continued plummeting of prices.

Surely the more savvy trader/speculator would be holding off and keeping their isk liquid before buying back into the inevitable rebound. Why would speculators continually buy into the Zyd market when the price point shows no sign of stabolising.
Wyke Mossari
Staner Industries
#9 - 2012-06-02 19:16:58 UTC
papamike wrote:


Would it be accurate to assume there are a lot of speculators who assume that buying in @ 1500---800? is still a good long term bet? The increase in volume cannot be explained by increased production, could it?

Surely the more savvy trader/speculator would be holding off and keeping their isk liquid before buying back into the inevitable rebound. Why would speculators continually buy into the Zyd market when the price point shows no sign of stabolising.


It is a bargain at 800 and good value at anything less than 1k. Medium term it will settle at 1200-1400.
Johnny Frecko
Federal Navy Academy
Gallente Federation
#10 - 2012-06-02 23:11:52 UTC
Natural cycle of an item that's bound to go up.
pre-drone regions the price was easily above 2000.
people know this, yet see the price is not getting as high as it should, and try to get out.
all this because *someone* *somewhere*(jita) decided to dump a huge load, doubling his money.

People see that the price froze, and started paying attention to the market of zydrine.
a few days later, still nothing, people who got in last try to get out, because for them it's cutting it close to 0 profit as it is. They panic, they sell. People under them who got in just before them see the prices going down, they panic.

repeat, when price is low enough, a mammoth is going to buy all the cheap stock, and punch the price to its natural resistence point.
at which price support is going to arrive? Anyone's guess.

you know.. maybe..
papamike
Aliastra
Gallente Federation
#11 - 2012-06-03 03:57:07 UTC
Wyke Mossari wrote:
papamike wrote:


Would it be accurate to assume there are a lot of speculators who assume that buying in @ 1500---800? is still a good long term bet? The increase in volume cannot be explained by increased production, could it?

Surely the more savvy trader/speculator would be holding off and keeping their isk liquid before buying back into the inevitable rebound. Why would speculators continually buy into the Zyd market when the price point shows no sign of stabolising.


It is a bargain at 800 and good value at anything less than 1k. Medium term it will settle at 1200-1400.



What do you base these numbers on or are you just shooting from the hip like the rest of us?

Before Zyd slide back from all the pre-nerf speculation, people were forecasting 2500/u due to mining the ABCs basically being on par with 0,0 ratting etc at that price.

Have we under rated the average null sec miner's willingness to sell cheap minerals to plug the gap that drone poo has left OR is it more that we have over-rated the level of losses likely to incure from 0.0 mining ops.

From my standpoint and contacts I have in 0.0, mining ops seem to be very successfully being conducted en masse.
Pisov viet
Perkone
Caldari State
#12 - 2012-06-03 12:18:54 UTC
Pre-drone nerf stockpiles are being used up.
Smartest speculators sold at 1800-1900 and made max profit.
Dumbest speculators are selling to cut the loss, dumping lots of zydrine on the market.

Over all, the supply is running out, but large speculative funds being dumped create an "artificial" low price.
Roxwar
Republic Military School
Minmatar Republic
#13 - 2012-06-03 13:37:52 UTC
Wyke Mossari wrote:
[quote=papamike]

Medium term it will settle at 1200-1400.



I'll see your 1200-1400 and raise your 2000-2600.
Caecilia Arene
Doomheim
#14 - 2012-06-03 14:00:12 UTC
Pisov viet wrote:
Pre-drone nerf stockpiles are being used up.
Smartest speculators sold at 1800-1900 and made max profit.
Dumbest speculators are selling to cut the loss, dumping lots of zydrine on the market.

Over all, the supply is running out, but large speculative funds being dumped create an "artificial" low price.

I certainly agree with this sentiment. Vast amount of Zyd. were hoarded and I think we're getting to a bottom very soon, if we've not already reached it now.
I guess the question I'm asking myself is when to go 'All in' again Blink. The selling pressure feels like it's slowly easing up though...
Dezolf
DAX Action Stance
#15 - 2012-06-03 14:41:14 UTC
I don't think it's [sneaky_action> of [market_item]. Just [basic_economic_rule_of_thumb]. People can be so [clueless]. [something_unfunny].

Besides we really should be considering [market_item_2_which_Im_desperately_trying_to_sell]. That's where the action is.
Amsterdam Conversations
Doomheim
#16 - 2012-06-06 06:35:43 UTC
Wtf is up with all those brackets.
Claire Voyant
#17 - 2012-06-06 13:24:50 UTC
Amsterdam Conversations wrote:
Wtf is up with all those brackets.

Programmers trying to be funny.

On a somewhat related note:
Q. How can you tell when an accountant has just made a joke?
A. When he says "But seriously . . . ."
Pinstar Colton
Sweet Asteroid Acres
#18 - 2012-06-06 14:33:41 UTC
Don't forget about the Meta0 nerf too. Previously, any mission runner could get access to Zyd just by refining some of the meta0 modules that dropped.

Now that there is no more Meta0 drops and the Meta1-4 stuff contains only half the minerals as Meta0, that is one less source of supply.

In the cat-and-mouse game that is low sec, there is no shame in learning to be a better mouse.

Dezolf
DAX Action Stance
#19 - 2012-06-06 17:17:56 UTC
Claire Voyant wrote:
Amsterdam Conversations wrote:
Wtf is up with all those brackets.

Programmers trying to be funny.

On a somewhat related note:
Q. How can you tell when an accountant has just made a joke?
A. When he says "But seriously . . . ."


It's actually because the forums won't let me post greater / less than signs around words. >h< works, but vice-versa doesn't. D:
Derek Xallen
The Scope
Gallente Federation
#20 - 2012-06-07 22:28:42 UTC
Not to burst anyone's bubble but pre-drone regions market history didn't have:


  • Dominion industry upgrades
  • Floating insurance


12Next page