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Why are prices going up so quickly
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Pax Deltari
The Scope
Gallente Federation
#1 - 2012-06-08 20:14:58 UTC
Prices seem to be gone up a whole bunch.l I mean in January Dominix's used to be around 50 mil. Trit was at 3.14. What caused everything's price to go up?
Major Killz
inglorious bastards.
#2 - 2012-06-08 20:33:03 UTC
You're very late sir. Please catch up.

[u]Ich bin ein Pirat ！[/u]
Pax Deltari
The Scope
Gallente Federation
#3 - 2012-06-08 21:39:24 UTC
I'm trying to thats why I'm posting this. *******.
Droxlyn
School of Applied Knowledge
Caldari State
#4 - 2012-06-08 21:42:56 UTC
Go kill some drones, tell us what you loot. (Answer: Nothing, just bounty.)

Go mining for a bit, let us know if you fare. (Answer: Hulkageddon is perpetual.)

How do you get your minerals now?
SetrakDark
Doomheim
#5 - 2012-06-08 21:45:45 UTC
Drone regions used to drop alloys, which was basically a fountain of harvestable minerals; combined with other drops that were refined for their minerals, this was known as "gunmining". CCP has more or less removed gunmining from the game (someone who really knows the story can verify if there are any sources of gunmining left), thereby driving down the overall supply of minerals and, hence, driving up the long term price. There is the added factor of speculation, however, where people bought up massive stocks of minerals, but these are already being brought back to the market leading to a recent decrease in the general price.

If I've understood the latest blog correctly, prices will actually going down now after the speculative peak, though still to an ultimately higher general price level than at the point in time you are referencing.

That's the general gist of it; if I've missed anything, I'm sure someone will happily correct me.
SetrakDark
Doomheim
#6 - 2012-06-08 22:29:53 UTC
Ayn Randy
Home For Pugs
#7 - 2012-06-08 22:46:45 UTC
Pax Deltari wrote:
Prices seem to be gone up a whole bunch.l I mean in January Dominix's used to be around 50 mil. Trit was at 3.14. What caused everything's price to go up?


Whats trit at now :D
Pax Deltari
The Scope
Gallente Federation
#8 - 2012-06-08 22:46:46 UTC
Thanks. I never new drone materials were such an important part of the econemy.
corestwo
Goonfleet Investment Banking
#9 - 2012-06-08 23:58:45 UTC
Pax Deltari wrote:
Thanks. I never new drone materials were such an important part of the econemy.

You have no idea.

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

fofofo
Vaerah Vahrokha
Vahrokh Consulting
#10 - 2012-06-09 00:58:42 UTC
Why so nasty? He's just asking a question, not throwing steaming manure at your mothers.

EvE Online portal | EvE markets tutorials
corestwo
Goonfleet Investment Banking
#11 - 2012-06-09 02:41:37 UTC
I'm not being nasty, I'm merely stating that he probably has no idea the extent to which drone materials were part of the economy.

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

fofofo
Simi Kusoni
HelloKittyFanclub
#12 - 2012-06-09 04:52:10 UTC
SetrakDark wrote:
http://community.eveonline.com/devblog.asp?a=blog&nbid=72833

Hmm, the dip coinciding with the inferno release is interesting. Are that high a percentage of miners really bots, messed up by the UI changes, or was there something annoying for miners included in the inferno release that I missed?

And its odd, looking at that graph mining doesn't seem to have increased significantly since the drone regions nerf. There was a short rise in popularity, but we seem to be mining about the same amount now as we were in late January.

What happened to the big boom in mining that supposedly occured?

[center]"I don't troll, I just give overly blunt responses that annoy people who are wrong but don't want to admit it. It's not my fault that people have sensitive feelings"  -MXZF[/center]
Marsan
#13 - 2012-06-09 06:37:37 UTC
Also it should be noted that non drone NPCs use to drop a lot of meta 0 (basic tech I) modules. A lot of mission runners would loot their missions, then sell the result (or break it down), and people would buy the modules cheaper modules to break down. This was an important source of rarer minerals and somewhat trit. The higher meta modules tend to break down for less, and are more valuable as modules than minerals.

Former forum cheerleader CCP, now just a grumpy small portion of the community.
Vaerah Vahrokha
Vahrokh Consulting
#14 - 2012-06-09 09:23:23 UTC
corestwo wrote:
I'm not being nasty, I'm merely stating that he probably has no idea the extent to which drone materials were part of the economy.


I don't remind having quoted you in particular.

EvE Online portal | EvE markets tutorials
Illest Insurrectionist
Sparta.
#15 - 2012-06-09 21:32:43 UTC
Simi Kusoni wrote:
SetrakDark wrote:
http://community.eveonline.com/devblog.asp?a=blog&nbid=72833

Hmm, the dip coinciding with the inferno release is interesting. Are that high a percentage of miners really bots, messed up by the UI changes, or was there something annoying for miners included in the inferno release that I missed?

And its odd, looking at that graph mining doesn't seem to have increased significantly since the drone regions nerf. There was a short rise in popularity, but we seem to be mining about the same amount now as we were in late January.

What happened to the big boom in mining that supposedly occured?


It was a 1 gig patch if i remember. That takes some time. If you come home and want to play you'll be patching instead (depending on your connection).

I think back in january they wern't going after bots. Now they are. So there may well have been an increase in player mining but the bans could be covering it up.

Or i could be clueless, always an option.
Mortimer Civeri
Aliastra
Gallente Federation
#16 - 2012-06-09 22:18:00 UTC
Simi Kusoni wrote:
SetrakDark wrote:
http://community.eveonline.com/devblog.asp?a=blog&nbid=72833

Hmm, the dip coinciding with the inferno release is interesting. Are that high a percentage of miners really bots, messed up by the UI changes, or was there something annoying for miners included in the inferno release that I missed?

And its odd, looking at that graph mining doesn't seem to have increased significantly since the drone regions nerf. There was a short rise in popularity, but we seem to be mining about the same amount now as we were in late January.

What happened to the big boom in mining that supposedly occured?

It was the UI changes, EVERYBODY had to relearn the new system.

"I don't know which is worse, ...that everyone has his price, or that the price is always so low." Calvin
Strrog
School of Applied Knowledge
Caldari State
#17 - 2012-07-03 07:48:45 UTC
SetrakDark wrote:
Drone regions used to drop alloys, which was basically a fountain of harvestable minerals; combined with other drops that were refined for their minerals, this was known as "gunmining". CCP has more or less removed gunmining from the game (someone who really knows the story can verify if there are any sources of gunmining left), thereby driving down the overall supply of minerals and, hence, driving up the long term price. There is the added factor of speculation, however, where people bought up massive stocks of minerals, but these are already being brought back to the market leading to a recent decrease in the general price.

If I've understood the latest blog correctly, prices will actually going down now after the speculative peak, though still to an ultimately higher general price level than at the point in time you are referencing.

That's the general gist of it; if I've missed anything, I'm sure someone will happily correct me.



I heard that at around half minerals on market came from *gun-mining* but CCP nerfed that quite a bit ago, second thing I heard the miner-bots were dealt with...though not 100% sure this needs confirmation