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New dev blog: The Economy “Burns“ (Price Indices – May 2012)

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CCP Guard
C C P
C C P Alliance
#1 - 2012-06-08 17:04:39 UTC  |  Edited by: CCP Navigator
CCP Recurve is known for keeping a close eye on the economy and how it reflects your various undertakings. Check out his latest price indices blog, complete with sexy graphs!

CCP Guard | EVE Community Developer | @CCP_Guard
Vincent Athena
Photosynth
#2 - 2012-06-08 17:09:25 UTC
Seems we should buy on the announcement, sell on deployment.

Edit: First!

Know a Frozen fan? Check this out

Frozen fanfiction
PinkKnife
The Cuddlefish
Ethereal Dawn
#3 - 2012-06-08 17:30:03 UTC  |  Edited by: PinkKnife
Vincent Athena wrote:
Seems we should buy on the announcement, sell on deployment.

Edit: First!


If the announcement has to do with minerals, then aye.

Most everything else is pretty easy.

New ships, buy in jita, move to other trade hubs that lag behind and make boats of isk.

I made about 200m moving Oracles from jita to Rens in Crucible.

I'd like to hear the analysis on T2 prices whenever recurve has some free time.
Vincent Athena
Photosynth
#4 - 2012-06-08 17:38:26 UTC
Aye, I was looking at minerals. I did not do a mineral investment, but I did notice that ice did not spike with the other minerals. So before Hulkaggedon, that's what I invested in. Not a big investment, but I did come out 1 billion ahead.

Know a Frozen fan? Check this out

Frozen fanfiction
Scatim Helicon
State War Academy
Caldari State
#5 - 2012-06-08 17:46:20 UTC
hurrrr guys burn Jita and Hulkageddon have been such terrible failures and haven't affected the game at all hurrrrrr

Every time you post a WiS thread, Hilmar strangles a kitten.
Iniquita
Perkone
Caldari State
#6 - 2012-06-08 17:49:42 UTC
Any information about how the recently formed Technetium cartel has affected these indexes. Technetium is up nearly 70k/ a unit since the beginning of march
Celebris Nexterra
The Scope
Gallente Federation
#7 - 2012-06-08 17:53:07 UTC
I fully support suicide ganking being possible and common, but I think Hulks need a bit of a tank buff. They're just huge targets with nary the ability to move, and aside from not mining or not fitting mining lasers, it's nearly impossible for them to avoid getting ganked. Seems a bit silly that 3 Thrashers (total value ~30mil) can easily gank something that costs 180mil+.
Henry Haphorn
Killer Yankee
#8 - 2012-06-08 18:05:26 UTC
This just proves how wrong the doomsayers really are. They predicted that such events would cause the market to go out of control, but as the graphs show (thank you, CCP Recurve), the market simply finds a "new equilibrium". Another example of "the invisible hand" theory at work as characterized by Adam Smith when he authored the book "Wealth of Nations".

Adapt or Die
Nicolo da'Vicenza
Viziam
Amarr Empire
#9 - 2012-06-08 18:28:03 UTC
lol @ lowsec mining stats
Richard Desturned
Royal Amarr Institute
Amarr Empire
#10 - 2012-06-08 18:33:54 UTC
Celebris Nexterra wrote:
I fully support suicide ganking being possible and common, but I think Hulks need a bit of a tank buff. They're just huge targets with nary the ability to move, and aside from not mining or not fitting mining lasers, it's nearly impossible for them to avoid getting ganked. Seems a bit silly that 3 Thrashers (total value ~30mil) can easily gank something that costs 180mil+.


the cost of your ship isn't part of its tank, hope this helps

npc alts have no opinions worth consideration
Vaerah Vahrokha
Vahrokh Consulting
#11 - 2012-06-08 18:39:48 UTC
Henry Haphorn wrote:
This just proves how wrong the doomsayers really are. They predicted that such events would cause the market to go out of control, but as the graphs show (thank you, CCP Recurve), the market simply finds a "new equilibrium". Another example of "the invisible hand" theory at work as characterized by Adam Smith when he authored the book "Wealth of Nations".


Markets don't go out of control. Just have to follow them and then you can make billions at patch release.

A great thank you to all those who made me stupid amounts of money on this expansion!

EvE Online portal | EvE markets tutorials
Gogela
Epic Ganking Time
CODE.
#12 - 2012-06-08 18:41:02 UTC  |  Edited by: Gogela
There's a wide array of risk and speculative positions you can take on things. The risk is in buying something when it's announced, or worse yet, when the devs are speculating on the future. Those kind of long term positions can be very lucrative or it can just fail to materialize and then you might be left taking a small hit if the other people doing what you are get out first. That said, being in commodities is a classic hedge against inflation... so the worst case scenario isn't that bleak. I'm sorry I missed the PI gravy train. There are some neat things they mentioned at fanfest I'm trading on for the winter expansion though. EvE keeps ya busy...

Signatures should be used responsibly...
Tippia
Sunshine and Lollipops
#13 - 2012-06-08 18:54:03 UTC
…yes, well… what good is fuel if you don't burn it? Twisted
Haifisch Zahne
Hraka Manufacture GmbH
#14 - 2012-06-08 19:46:04 UTC  |  Edited by: Haifisch Zahne
REMOVED TO PROTEST CCP's Community Censorship Protocol ("CCCP").
Andrea Griffin
#15 - 2012-06-08 19:56:06 UTC
Haifisch Zahne wrote:
Can anyone say, Unified Inventory sucks and miners are only slowly starting to get any work done again?
More like the unified inventory completely screwed up botting software which wasn't prepared to handle the new interface.

CCP Sreegs is my favorite developer.
Panhead4411
Rothschild's Sewage and Septic Sucking Services
The Possum Lodge
#16 - 2012-06-08 20:07:08 UTC  |  Edited by: Panhead4411
http://cdn1.eveonline.com/www/newssystem/media/62806/1/Mined_Volume_-_2.png

Yeah, hulkageddon didn't slow the drop of mineral prices...the Inventory system did it....that is really sad, your broken system did more dmg than the GOONS!!!!

Also, to the comment about the bots...all the bots i had tagged seemed to be back up and running within 2 days, their owners just likely needed to add a few lines for (minimize this thing....after every action...)

The blog doesn't mention how despite all the intentions of Goons and HA-V....the overall prices for most things have only gone down since the "burn" even though they had slowly climbed throughout the year.

I also want to see a blog about the ratio of newb ships/dessies that were piloted by Goons...b/c thats all that was popping up on the KB for the "Burn" event...then the occasional freighter which happens on a regular basis anyways. In my travels in/out of Jita that day, it actually seemed safer than normal, if you weren't a Goon...in a cheap ship...

http://blog.beyondreality.se/shift-click-does-nothing    < Unified Inventory is NOT ready...
Nevigrofnu Mrots
Goonswarm Federation
#17 - 2012-06-08 20:32:49 UTC
Panhead4411 wrote:
http://cdn1.eveonline.com/www/newssystem/media/62806/1/Mined_Volume_-_2.png

Yeah, hulkageddon didn't slow the drop of mineral prices...the Inventory system did it....that is really sad, your broken system did more dmg than the GOONS!!!!


damage... to all the bot miners that stop working
Aryth
University of Caille
Gallente Federation
#18 - 2012-06-08 23:30:57 UTC
When some people notice a fire, their instinctive reaction is to reach for a bucket of fuel. Many of those people play EVE.




and most of them are Goons

Leader of the Goonswarm Economic Warfare Cabal.

Creator of Burn Jita

Vile Rat: You're the greatest sociopath that has ever played eve.
Swidgen
Republic University
Minmatar Republic
#19 - 2012-06-08 23:37:51 UTC
Nicolo da'Vicenza wrote:
lol @ lowsec mining stats

lol @ wormhole mining stats

Let this put an end once and for all to the notion that wormhole minerals need to be nerfed. There just ain't that much there, folks.
MeBiatch
GRR GOONS
#20 - 2012-06-09 00:31:51 UTC
Nicolo da'Vicenza wrote:
lol @ lowsec mining stats



the interesting thing is now low sec would be safer the high sec to mine...

you have low local counts better ores and if you are attacked just as likely to die...

There are no stupid Questions... just stupid people... CCP Goliath wrote:

Ugh ti-di pooping makes me sad.
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