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EVE NAV Demographics

Author
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#1 - 2012-07-21 09:23:04 UTC
I often find myself wondering what the demographics of EVE are in respect to NAV. So I thought I would attempt to strike up a conversation with the wiser members of the forum about this subject.

As a guide to what I'd like to see covered in such a conversation, here are a few questions:

1. How wealthy are the richest players in EVE?

2. How is the total NAV of the EVE playerbase distributed? By this I mean: what sort of curve would you expect to see on a graph depicting this and/or what do you think would be significant points on that graph? (Graphs welcome)

3. What items do you think make up what proportions of the total NAV of the EVE playerbase? (Pie charts welcome)
Liberty Eternal
The Scope
Gallente Federation
#2 - 2012-07-21 10:26:33 UTC
Stop trying to rehabilitate yourself. Nobody likes you.
Sven Hammerstorm
Royal Amarr Institute
Amarr Empire
#3 - 2012-07-21 10:44:21 UTC  |  Edited by: Sven Hammerstorm
i believe a certain percent of eve population control a certain percent of wealth that is more than the others have
Korgan Medel
Brutor Tribe
Minmatar Republic
#4 - 2012-07-21 10:53:29 UTC
Ok Bad Bobby you got 800 plus billion wasnt it for the big scam you did?

How much do you still have left or do you have more than that now?
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#5 - 2012-07-21 11:22:45 UTC
Korgan Medel wrote:
How much do you still have left or do you have more than that now?

I think this is actually relevant to the topic, so I'll run with it.

My experience has been that my NAV only goes up. I'm probably one of the more cautious investors in EVE and that certainly has something to do with it, but I also have an extensive stable of characters to PLEX and a regular PvP habit to sustain. I accept that as this is a game it might be common for people to take great risks with their assets, but I feel that anyone who is able to budget effectively should see their NAV improve month on month for the majority of their EVE lives.

However, it may be that my view on this is too heavily coloured by my own attitude to isk and risk. It's certainly likely that people who have amassed large fortunes have done so through taking big risks with their wealth. Maybe the top end of the EVE NAV scale is a more dynamic place than I imagine, with people gaining and losing massive quantities of isk from month to month. I'd certainly be interested to hear some rags-to-riches-to-rags-again stories from people who have been there and back.
Mr Bushar
Doomheim
#6 - 2012-07-21 12:01:23 UTC
Korgan Medel wrote:
Ok Bad Bobby you got 800 plus billion wasnt it for the big scam you did?

How much do you still have left or do you have more than that now?


Bad Bobby was involved in a 800 billion scam, and had to nerve to criticize my legitimate bond?
Talk about hypocrisy
Korgan Medel
Brutor Tribe
Minmatar Republic
#7 - 2012-07-21 12:13:13 UTC
GTFO and get back to jita local to round up more idiots, Its the only place you will find investors
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#8 - 2012-07-21 12:16:33 UTC
Mr Bushar wrote:
Bad Bobby was involved in a 800 billion scam, and had to nerve to criticize my legitimate bond?
Talk about hypocrisy

I don't think my experience in the field of MD fundraising, legitimate or otherwise, disqualifies me from making logical observations and offering (mostly) constructive criticism of your approach. I feel that if you had been more open to the advice of others you wouldn't be riding the slow train to ignominy like you are now.
Mr Bushar
Doomheim
#9 - 2012-07-21 12:22:53 UTC
Korgan Medel wrote:
GTFO and get back to jita local to round up more idiots, Its the only place you will find investors



I already have 5 investors, and two more interested investors (but my bond is closed).
I don't have any problems finding investors.

If you call my investors, people who are earning 15 to 17% return on their principal, idiots, then what does that make you?
I thought so.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#10 - 2012-07-21 12:25:03 UTC
Mr Bushar wrote:
Korgan Medel wrote:
GTFO and get back to jita local to round up more idiots, Its the only place you will find investors



I already have 5 investors, and two more interested investors (but my bond is closed).
I don't have any problems finding investors.

If you call my investors, people who are earning 15 to 17% return on their principal, idiots, then what does that make you?
I thought so.

I think we're heading sharply off topic here.

Up to you, of course, but it might be better if you keep your public relations trainwreck in your own thread.
Mr Bushar
Doomheim
#11 - 2012-07-21 12:27:54 UTC
Bad Bobby wrote:
Mr Bushar wrote:
Korgan Medel wrote:
GTFO and get back to jita local to round up more idiots, Its the only place you will find investors



I already have 5 investors, and two more interested investors (but my bond is closed).
I don't have any problems finding investors.

If you call my investors, people who are earning 15 to 17% return on their principal, idiots, then what does that make you?
I thought so.

I think we're heading sharply off topic here.

Up to you, of course, but it might be better if you keep your public relations trainwreck in your own thread.


I know, Korgan Medel needs to stay on topic or bring up his concerns somewhere else =)

Good thread though, I'm interested in seeing the responses.
Mr Bushar
Doomheim
#12 - 2012-07-21 12:35:19 UTC
I figured I would contribute, even though my knowledge is limited, because I have a pretty reasonable guess.

I estimate that the wealth in EVE is very very much alike a standard bell curve.
I believe that most people fall within a mean, given the large number of players.

Also, seeing as how most people do not participate in isk-generating activities on a large scale (eg. mission running, PvP, etc...), wealth is concentrated and limited to those with power.

If I had to make a guess, I would say 200 or 300 million would be the mean.
I would also say that even with NAV as little as 1.5 billion, you're already 2 standard deviations away from this mean.

Anything above and beyond 5-10B, and you're not just in the top 1%, but top 0.5%
And 5-10B is not much
Chevalleis
The Scope
Gallente Federation
#13 - 2012-07-21 12:45:51 UTC
I think that the wealthiest people in eve are big market players, scammers/thieves and people who run huge manufacturing operations. Entity has 3-4T and I figure that Chribba has probs at least as much. Then there are the big market players like Akita T, each in the 1-2T area, and ofc scammas like Bad Bobby and Istvaan shogaatsu, Around 1T. Then there are alliance/corp thieves like [insert name here, anyone?]
Mr Bushar
Doomheim
#14 - 2012-07-21 12:48:48 UTC
Chevalleis wrote:
I think that the wealthiest people in eve are big market players, scammers/thieves and people who run huge manufacturing operations. Entity has 3-4T and I figure that Chribba has probs at least as much. Then there are the big market players like Akita T, each in the 1-2T area, and ofc scammas like Bad Bobby and Istvaan shogaatsu, Around 1T. Then there are alliance/corp thieves like [insert name here, anyone?]


2-4T I would classify as .01% of the population, I'd say, or potentially even less
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#15 - 2012-07-21 12:50:03 UTC
Mr Bushar wrote:
I estimate that the wealth in EVE is very very much alike a standard bell curve.
I believe that most people fall within a mean, given the large number of players.

It may be a bell curve, but I think that the zero NAV axis cuts through the curve just off to the low end of the mean such that it doesn't really resemble a bell at all.

Mr Bushar wrote:
If I had to make a guess, I would say 200 or 300 million would be the mean.

I seem to remember a previous discussion about this, informed by QEN data or fanfest slides, that put the average at somewhere around 450m. However, I can't remember it with any confidence and I expect we were talking about average wallet size which isn't a good measure of NAV anyway. Still, I believe that 200-300m is too low.

Mr Bushar wrote:
Anything above and beyond 5-10B, and you're not just in the top 1%, but top 0.5%
And 5-10B is not much

I agree that 5-10B is not much, so much so that I'm not at all confident about that putting you in the top 0.5%. I just have the feeling that the number of people in the 5B-10T range is large enough to fill the top percentile.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#16 - 2012-07-21 13:00:10 UTC
Chevalleis wrote:
I think that the wealthiest people in eve are big market players, scammers/thieves and people who run huge manufacturing operations. Entity has 3-4T and I figure that Chribba has probs at least as much. Then there are the big market players like Akita T, each in the 1-2T area, and ofc scammas like Bad Bobby and Istvaan shogaatsu, Around 1T. Then there are alliance/corp thieves like [insert name here, anyone?]

I think you need to add to that list the leadership and old guard of large alliances.

Just sampling my experiences of my current and previous alliances (Pandemic Legion & HYDRA RELOADED) I can easily count 30 players with around 1T to their name and I wouldn't be suprised if the actual count was far far beyond that. However, I do accept that neither alliance are representative of the norm.

Have Entity and Akita clearly stated their NAV? I expect they are not shy about it and there is probably a post somewhere stating it. I'd be shocked if Istvaan only has 1T, just from my contact with other GHSC members. I've never seen Chribba say how much he's worth and I wouldn't expect it of him.

I'm at about 1.5T and only progressing very slowly upwards, as my EVE priorities are more to do with socialising and PvP than making isk. Plus, I'm not smart and barely numerate which puts me well behind a lot of the high performing players in this game.

silent Serena
Khanid Mineral Reserves
#17 - 2012-07-22 01:40:04 UTC
Bad Bobby, I think you should make theese threads with alts.

I also had a small business idea a while ago, before your (rather good) scam.
I remember that you proposed to hold the collateral and research the prints, the general MD community did the same, proposed you as collateral holder and basicly I was told that it was the only way.

Thank god I didn't do that. I have probably profited half a trillion isk doing what I do since then. Now I have all the isk I need and MD will likely never see a IPO or bond coming from me ever again.

Back to my lead in, I think you should make threads like this (intelligent threads) with alts to get the proper response a well written thread deserves. You may have some good opinions, but I would think the name Bad Bobby is slightly burned, but I may be wrong.

I however think there are hundreds of players with atleast 500 billion isk nav to their name, this is based on nothing but personal experience.
Ive sold alot unique ships (liquidating) and noticed then that there's alot people who easly throw 30 - 40b isk around, some even came back for a second ship after losing the first one pvping.

Theres alot rich key players high up in large alliances also there is the traders you see every day. I am not gonna name them here, but you can see them in both ships, modules and blueprint channels.

I would also guess Somer is the richest player ingame at the moment, not a clue how rich but the blink seems to be working out well.

Also I think Akita T isn't a big market player as previusly stated, looking at eveboards he or she has 200 b isk liquid. My rough guess is that he has somewhere between 400B and 700B in NAV.
Entity is kinda difficult as he has alot unique ships, and some of those older unique ships are kinda hard to put a value to.

Just my two cents
Thoraemond
Far Ranger
#18 - 2012-07-22 02:12:43 UTC
Bad Bobby wrote:
I often find myself wondering what the demographics of EVE are in respect to NAV.

Sometimes I wish there was someone at CCP, with access to all the data, like an economist or something, who could look at questions like this, and maybe, from time to time, help to make a glossy sales brochure that vaguely hints at the answers (though leaving the making of graphs to graphic designers, so they look good, but don't convey information very well).


Bad Bobby wrote:
1. How wealthy are the richest players in EVE?

2. How is the total NAV of the EVE playerbase distributed? By this I mean: what sort of curve would you expect to see on a graph depicting this and/or what do you think would be significant points on that graph? (Graphs welcome)

3. What items do you think make up what proportions of the total NAV of the EVE playerbase? (Pie charts welcome)

For now, I'll go with:

  1. low two-digit trillions-ish

  2. bi-modal Pareto-something else (wealth-distribution pattern widely observed in RL, combined with some other EVE-specific effect)

  3. doubt pie figures very prominently in NAVs overall, but maybe more liquid ISK that would be observed in a real economy, simply because ISK is so easy to accumulate that there's no need to keep it all in play to keep getting more
Charles Baker
Aliastra
Gallente Federation
#19 - 2012-07-22 03:20:27 UTC
Bad Bobby wrote:
I often find myself wondering what the demographics of EVE are in respect to NAV. So I thought I would attempt to strike up a conversation with the wiser members of the forum about this subject.

As a guide to what I'd like to see covered in such a conversation, here are a few questions:

1. How wealthy are the richest players in EVE?

2. How is the total NAV of the EVE playerbase distributed? By this I mean: what sort of curve would you expect to see on a graph depicting this and/or what do you think would be significant points on that graph? (Graphs welcome)

3. What items do you think make up what proportions of the total NAV of the EVE playerbase? (Pie charts welcome)


I would be willing to perform a survey of such things in exchange for a gratuitous sum of money.
Tanith YarnDemon
Hypernet Inc.
Umbrella Chemical Inc
#20 - 2012-07-22 03:45:07 UTC
In 2009 the average isk per account was just over 500 mil, which is an increase of some 60-70% from 2 years prior. In 6 months we'll be 2 cycles down the road from there meaning we should now be at roughly 1.4b average wallet per pilot, assuming a steady inflation. I would guess it's noticably more than that. Eveboard suggests 1.2b however poor of a statisic it may be.

1) I'd say the top few players have a sizable wallet but access to far more than that. In absolute figures it's anyones guess, and nearly impossible to define. What's a federate mega worth? What's a majority share of your random t2 bpo worth? What's ANY BPO worth for that matter? Never the less while talking NAVs I can't see it being below triple digit trillion.

2) Given that there's no absolute cost of living in eve, any sort of income is a growth of NAV. Plexes are a spending, but as it can be substituted by completely unrelated actions(paying with RM) it's fully optional and just a spending. Given that plexes inject in chunks of 1b a piece, that players average at less than a year of age and that there is no reason to aid your wallet with plexes without a target investment I'd guess it's a fairly straight line up to 1b roughly, then a flat and a fairly steep increase to hundreds of billions in the last percentile or two.

3) I imagine isk and ships being the vast majority of values. Followed by equipment and then a steep drop to trade goods. While a few players may have a large portion of their nav in trade good and materials I expect it to be in the corp hangars, or in the hands of people of already substantial wallets. IE if you reside around the suggested 1b median wallet, investing in a bulk of goods is rarely attractive. Wheras investing in caps, t3's, faction bs etc probably is.
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