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+5 implant price crash

Author
Jacob Stiller
The Scope
Gallente Federation
#1 - 2012-06-19 04:27:03 UTC
I just noticed that +5 implants are running 85-86 million in Jita. Did something happen to warrant a 15+% price drop?
corestwo
Goonfleet Investment Banking
#2 - 2012-06-19 06:00:55 UTC
Minmatar managed to snag Tier 5 in faction warfare over the weekend. The crash was the result of everyone rushing to cash out, and +5s are a popular item for fast cashout since they're quick and easy to buy.

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

fofofo

Jagga Spikes
Spikes Chop Shop
#3 - 2012-06-19 11:39:47 UTC
was it Tier 5? i checked at Tier 4; +5s were 32k LP and 32mil ISK. even that could half current prices. Tier 5 would be 16k/16mil. that's almost current price of +4.
Rudy Eirikr
Aliastra
Gallente Federation
#4 - 2012-06-19 13:30:48 UTC
Well that explains how I ended up with a nice stockpile of them at a ****** resell price. Lol
corestwo
Goonfleet Investment Banking
#5 - 2012-06-19 14:18:35 UTC
Jagga Spikes wrote:
was it Tier 5? i checked at Tier 4; +5s were 32k LP and 32mil ISK. even that could half current prices. Tier 5 would be 16k/16mil. that's almost current price of +4.

They've had tier 4 for awhile. Getting tier 5 was a new thing.

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

fofofo

Kara Books
Deal with IT.
#6 - 2012-06-19 16:44:28 UTC
corestwo wrote:
Jagga Spikes wrote:
was it Tier 5? i checked at Tier 4; +5s were 32k LP and 32mil ISK. even that could half current prices. Tier 5 would be 16k/16mil. that's almost current price of +4.

They've had tier 4 for awhile. Getting tier 5 was a new thing.


Oh god the zyd... erm The faction prices...
Private Pineapple
Brutor Tribe
Minmatar Republic
#7 - 2012-06-19 17:37:36 UTC  |  Edited by: Private Pineapple
Yep. We snagged T5 so a lot of people cashed in our LP for +5's since buy orders were still pretty high (personally I sold at Dodixie).

:)

Though a lot of us are planning on selling other products because +5's are a bit low in ISK per LP ratio compared to the other items that still seem relatively untouched by the T5 hit.

I think it's going to be around 1 month before we HOLD T5 and 3 months to 6 months before everything sharply crashes to their new values thanks to T5 prices.

.

Lord Jita
Lord Jita's Big Gay Corp
#8 - 2012-06-19 17:44:28 UTC
why'd they go up to 120m in may ? (looking at graph)
Agent Type
Royal Amarr Institute
Amarr Empire
#9 - 2012-06-19 23:45:24 UTC
Private Pineapple wrote:
I think it's going to be around 1 month before we HOLD T5 and 3 months to 6 months before everything sharply crashes to their new values thanks to T5 prices.


Good luck.
corestwo
Goonfleet Investment Banking
#10 - 2012-06-20 00:09:06 UTC  |  Edited by: corestwo
You can't hold tier 5. I'd be amazed if you got tier 5 again, in fact. For that matter, I'll go a step further and guarantee that you won't see it again.

Lord Jita wrote:
why'd they go up to 120m in may ? (looking at graph)


The funny thing about major patches is that it renders bots non-functional for awhile. Guess what happened back in May.

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

fofofo

Anya Ohaya
School of Applied Knowledge
Caldari State
#11 - 2012-06-20 10:36:50 UTC
Lord Jita wrote:
why'd they go up to 120m in may ? (looking at graph)


What occupation was getting regularly podded in May?
Lukriss
Caldari Provisions
Caldari State
#12 - 2012-06-20 11:50:40 UTC
Anya Ohaya wrote:
Lord Jita wrote:
why'd they go up to 120m in may ? (looking at graph)


What occupation was getting regularly podded in May?


And usually pretty safe allowing you to get such expensive implants.
Strrog
School of Applied Knowledge
Caldari State
#13 - 2012-07-03 07:35:58 UTC
Jagga Spikes wrote:
was it Tier 5? i checked at Tier 4; +5s were 32k LP and 32mil ISK. even that could half current prices. Tier 5 would be 16k/16mil. that's almost current price of +4.



ugh sounds quite competitive vs Navy rewards wtf is this? lol balance?
Private Pineapple
Brutor Tribe
Minmatar Republic
#14 - 2012-07-03 17:41:32 UTC  |  Edited by: Private Pineapple
corestwo wrote:
You can't hold tier 5. I'd be amazed if you got tier 5 again, in fact. For that matter, I'll go a step further and guarantee that you won't see it again.

Lord Jita wrote:
why'd they go up to 120m in may ? (looking at graph)


The funny thing about major patches is that it renders bots non-functional for awhile. Guess what happened back in May.


Meh, that was before Aryth revealed what was going on. I was making an accurate speculation on what I knew and observed as we rised to the T5 mark, but after Aryth revealed everything I knew we were going to quickly fall back to T2/T3. I think we juuust lost T3, I'll have to check. Don't really care though, made too much ISK for a character my age to do anything with so I am perfectly content on not having T3/4/5 anymore.

.

corestwo
Goonfleet Investment Banking
#15 - 2012-07-03 19:23:00 UTC
Private Pineapple wrote:
corestwo wrote:
You can't hold tier 5. I'd be amazed if you got tier 5 again, in fact. For that matter, I'll go a step further and guarantee that you won't see it again.

Lord Jita wrote:
why'd they go up to 120m in may ? (looking at graph)


The funny thing about major patches is that it renders bots non-functional for awhile. Guess what happened back in May.


Meh, that was before Aryth revealed what was going on. I was making an accurate speculation on what I knew and observed as we rised to the T5 mark, but after Aryth revealed everything I knew we were going to quickly fall back to T2/T3. I think we juuust lost T3, I'll have to check. Don't really care though, made too much ISK for a character my age to do anything with so I am perfectly content on not having T3/4/5 anymore.

Well, that puts you a step ahead of Hans, who was convinced Minmatar could hold out on their own. Pretty delusional, frankly - all you have to do is look at the Caldari vs Gallente warzone to see what the "steady state" of FW is. Grabbing a ton of systems before the patch, plus harder to solo plexes, gave Minmatar an edge, but hardly insurmountable, especially with the latter gone.

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

fofofo

Aryth
GoonWaffe
Goonswarm Federation
#16 - 2012-07-03 19:25:21 UTC
Private Pineapple wrote:
corestwo wrote:
You can't hold tier 5. I'd be amazed if you got tier 5 again, in fact. For that matter, I'll go a step further and guarantee that you won't see it again.

Lord Jita wrote:
why'd they go up to 120m in may ? (looking at graph)


The funny thing about major patches is that it renders bots non-functional for awhile. Guess what happened back in May.


Meh, that was before Aryth revealed what was going on. I was making an accurate speculation on what I knew and observed as we rised to the T5 mark, but after Aryth revealed everything I knew we were going to quickly fall back to T2/T3. I think we juuust lost T3, I'll have to check. Don't really care though, made too much ISK for a character my age to do anything with so I am perfectly content on not having T3/4/5 anymore.


This is why I play EVE in the way I do. It is better to set the market, than trade the market. If you don't have better data, or better information, or are the guy moving the market, then you are at the mercy of those that do/are.

Leader of the Goonswarm Economic Warfare Cabal.

Creator of Burn Jita

Vile Rat: You're the greatest sociopath that has ever played eve.

DarthNefarius
Minmatar Heavy Industries
#17 - 2012-07-03 19:29:19 UTC
corestwo wrote:

Well, that puts you a step ahead of Hans, who was convinced Minmatar could hold out on their own. Pretty delusional, frankly - all you have to do is look at the Caldari vs Gallente warzone to see what the "steady state" of FW is. Grabbing a ton of systems before the patch, plus harder to solo plexes, gave Minmatar an edge, but hardly insurmountable, especially with the latter gone.


Please correct me if I'm wrong but the past week BOTH Caldari & Winmatar have had periods of Tier 4. All you need is that small window once a week & you get a huge reduced ISK sink to carry you for the next week to month.
An' then Chicken@little.com, he come scramblin outta the    Terminal room screaming "The system's crashing! The system's    crashing!" -Uncle RAMus, 'Tales for Cyberpsychotic Children'
corestwo
Goonfleet Investment Banking
#18 - 2012-07-03 19:32:13 UTC  |  Edited by: corestwo
DarthNefarius wrote:
corestwo wrote:

Well, that puts you a step ahead of Hans, who was convinced Minmatar could hold out on their own. Pretty delusional, frankly - all you have to do is look at the Caldari vs Gallente warzone to see what the "steady state" of FW is. Grabbing a ton of systems before the patch, plus harder to solo plexes, gave Minmatar an edge, but hardly insurmountable, especially with the latter gone.


Please correct me if I'm wrong but the past week BOTH Caldari & Winmatar have had periods of Tier 4. All you need is that small window once a week & you get a huge reduced ISK sink to carry you for the next week to month.


Yes, you are correct; so long as you have enough systems to do it in, you can buy level 4/level 5 in a bunch of systems and jack up your war zone control for temporary gain. Hans seemed convinced that they could hold it, though, whereas to us it was very clear that the writing was on the wall - whereas early in our efforts we barely had to donate, later on we were flying around every 3-4 days or so and shoveling a million LP here and there into iHubs to keep things propped up and let us finish.

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

fofofo

Private Pineapple
Brutor Tribe
Minmatar Republic
#19 - 2012-07-03 23:10:06 UTC  |  Edited by: Private Pineapple
Aryth wrote:
Private Pineapple wrote:
corestwo wrote:
You can't hold tier 5. I'd be amazed if you got tier 5 again, in fact. For that matter, I'll go a step further and guarantee that you won't see it again.

Lord Jita wrote:
why'd they go up to 120m in may ? (looking at graph)


The funny thing about major patches is that it renders bots non-functional for awhile. Guess what happened back in May.


Meh, that was before Aryth revealed what was going on. I was making an accurate speculation on what I knew and observed as we rised to the T5 mark, but after Aryth revealed everything I knew we were going to quickly fall back to T2/T3. I think we juuust lost T3, I'll have to check. Don't really care though, made too much ISK for a character my age to do anything with so I am perfectly content on not having T3/4/5 anymore.


This is why I play EVE in the way I do. It is better to set the market, than trade the market. If you don't have better data, or better information, or are the guy moving the market, then you are at the mercy of those that do/are.


...but you didn't move the market. You opened it up to the public for a short timeframe and cashed out like the rest of us. Well, until your assets got frozen, but you know what I mean.

.

corestwo
Goonfleet Investment Banking
#20 - 2012-07-03 23:11:22 UTC
Aryth is speaking in a broader sense than merely our little FW stunt.

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

fofofo

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