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Trit prices down; mining changes having effect?
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Idris Helion
Doomheim
#1 - 2012-08-14 20:24:49 UTC
Earlier today trit was running around 7.40 in Jita. Now? Down to 6.58 (though trending back up a bit).

Are the mining barge changes starting to hit? Pyerite wasn't affected as much, so I don't think so. I wonder if someone simply dumped a large stockpile of trit in Jita and drove the price down temporarily....
corestwo
Goonfleet Investment Banking
#2 - 2012-08-14 21:23:50 UTC
There's no way that trit was at 7.4 "earlier today" seeing as there are orders below 7.4 that are older than that.

Still: Yes, trit is down. It'll go first because Veld is the easiest to mine, other low ends will follow in time.

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

fofofo
Gaius Fabricius
3M Sinq Laison
#3 - 2012-08-14 21:29:33 UTC
Price seems really high, in the hub I reside; prices are around 6.30 on sell orders and 6.10 on buy orders. prices does look like they want to come down. And if you venture a couple of jumps out, you will get people dumping stock on you around 4-5 ISK per unit.

Perhaps its time for me to unload my modest but for me large investment of 10M units of tritanium? (bought it between 4-5 ISK per unit)
Kalea Hashur
Ministry of War
Amarr Empire
#4 - 2012-08-14 21:59:16 UTC
Prices also fluctuate depending on the day of the week. Prices go down midweek, then spike on the weekends.
Kara Books
Deal with IT.
#5 - 2012-08-14 23:24:59 UTC
the last time I made the mistake of issuing a buy order for the wrong system, I ended up with 3B isk in worthless resources on some highsec island, of course those regional orders will be 4-5 ISK Duhh!

Took me more then 6 weeks to sell it off drop by drop.
Gaius Fabricius
3M Sinq Laison
#6 - 2012-08-14 23:29:15 UTC  |  Edited by: Gaius Fabricius
Kara Books wrote:
the last time I made the mistake of issuing a buy order for the wrong system, I ended up with 3B isk in worthless resources on some highsec island, of course those regional orders will be 4-5 ISK Duhh!

Took me more then 6 weeks to sell it off drop by drop.


Don't know if the Duh remark is aimed towards my comment.
I am currently in Dodixie, and I am not buying anything more than 4 jumps away.
And I have never been to low sec, someone taught me pretty fast how to sought those away with filters.


Just went through my trading logs, and apparently I was exaggerating a little bit. Lowest buy price I had over the couple of days was 4.5ish. (in a volume that is probably negligible to big traders)
Vaerah Vahrokha
Vahrokh Consulting
#7 - 2012-08-14 23:58:41 UTC
Idris Helion wrote:
Earlier today trit was running around 7.40 in Jita. Now? Down to 6.58 (though trending back up a bit).

Are the mining barge changes starting to hit? Pyerite wasn't affected as much, so I don't think so. I wonder if someone simply dumped a large stockpile of trit in Jita and drove the price down temporarily....


I'd also raise my head above the client and look at the calendar.

Many with a life ATM are sipping a drink on a warm beach, sitting on a comfortable chaise longue side by side with their girl friend.

.... and then people wonder why so few girls play EvE. So much nerd and pale basement colored skin in here...

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Toroup
Prometheus Deep Core Mining and Salvage
#8 - 2012-08-15 00:06:20 UTC
Trit has been cycling from mid 6s to low 7s for a couple of weeks. Nothing new.
Charles Baker
Aliastra
Gallente Federation
#9 - 2012-08-15 01:18:15 UTC
Call me when it hits 3.5
Lutin Ballista
Ballista Investment Corp
#10 - 2012-08-15 08:01:12 UTC  |  Edited by: Lutin Ballista
Vaerah Vahrokha wrote:


Many with a life ATM are sipping a drink on a warm beach, sitting on a comfortable chaise longue side by side with their girl friend....



Confirming thats not me.


Vaerah Vahrokha wrote:


.... and then people wonder why so few girls play EvE. So much nerd and pale basement colored skin in here...


There I am!
Vaerah Vahrokha
Vahrokh Consulting
#11 - 2012-08-15 08:53:02 UTC  |  Edited by: Vaerah Vahrokha
Quote:


There I am!


Your similarity to the old Leonard Nimoy is amazing.

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Barakach
Caldari Provisions
Caldari State
#12 - 2012-08-15 11:45:05 UTC
Vaerah Vahrokha wrote:
Idris Helion wrote:
Earlier today trit was running around 7.40 in Jita. Now? Down to 6.58 (though trending back up a bit).

Are the mining barge changes starting to hit? Pyerite wasn't affected as much, so I don't think so. I wonder if someone simply dumped a large stockpile of trit in Jita and drove the price down temporarily....


I'd also raise my head above the client and look at the calendar.

Many with a life ATM are sipping a drink on a warm beach, sitting on a comfortable chaise longue side by side with their girl friend.

.... and then people wonder why so few girls play EvE. So much nerd and pale basement colored skin in here...


Yeah, by using their CC and racking up more debt :P

I don't know where you live, but in the USA, the average person lives paycheck-to-paycheck and taking vacation time would get them fired. Sad
Carcopino
Viziam
Amarr Empire
#13 - 2012-08-15 15:04:31 UTC
Barakach wrote:
Vaerah Vahrokha wrote:
Idris Helion wrote:
Earlier today trit was running around 7.40 in Jita. Now? Down to 6.58 (though trending back up a bit).

Are the mining barge changes starting to hit? Pyerite wasn't affected as much, so I don't think so. I wonder if someone simply dumped a large stockpile of trit in Jita and drove the price down temporarily....


I'd also raise my head above the client and look at the calendar.

Many with a life ATM are sipping a drink on a warm beach, sitting on a comfortable chaise longue side by side with their girl friend.

.... and then people wonder why so few girls play EvE. So much nerd and pale basement colored skin in here...



I don't know where you live Sad


Judging by the tone of his/her post, I'd say this person lives in the land of internet tough guys with an attitude problem who forget to take their daily medication.
corestwo
Goonfleet Investment Banking
#14 - 2012-08-15 15:11:20 UTC
He lives in Italy but tone of his post aside, he's got a point - things slow down during the summer.

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

fofofo
Dave Stark
#15 - 2012-08-15 15:44:32 UTC
Barakach wrote:
Vaerah Vahrokha wrote:
Idris Helion wrote:
Earlier today trit was running around 7.40 in Jita. Now? Down to 6.58 (though trending back up a bit).

Are the mining barge changes starting to hit? Pyerite wasn't affected as much, so I don't think so. I wonder if someone simply dumped a large stockpile of trit in Jita and drove the price down temporarily....


I'd also raise my head above the client and look at the calendar.

Many with a life ATM are sipping a drink on a warm beach, sitting on a comfortable chaise longue side by side with their girl friend.

.... and then people wonder why so few girls play EvE. So much nerd and pale basement colored skin in here...


Yeah, by using their CC and racking up more debt :P

I don't know where you live, but in the USA, the average person lives paycheck-to-paycheck and taking vacation time would get them fired. Sad


sounds worse than a third world country.
Vaerah Vahrokha
Vahrokh Consulting
#16 - 2012-08-15 17:13:41 UTC
Carcopino wrote:
Barakach wrote:
Vaerah Vahrokha wrote:
Idris Helion wrote:
Earlier today trit was running around 7.40 in Jita. Now? Down to 6.58 (though trending back up a bit).

Are the mining barge changes starting to hit? Pyerite wasn't affected as much, so I don't think so. I wonder if someone simply dumped a large stockpile of trit in Jita and drove the price down temporarily....


I'd also raise my head above the client and look at the calendar.

Many with a life ATM are sipping a drink on a warm beach, sitting on a comfortable chaise longue side by side with their girl friend.

.... and then people wonder why so few girls play EvE. So much nerd and pale basement colored skin in here...



I don't know where you live Sad


Judging by the tone of his/her post, I'd say this person lives in the land of internet tough guys with an attitude problem who forget to take their daily medication.


Only internet though guys dare say that beaches with chaise longue and girl friends exist! P

EvE Online portal | EvE markets tutorials
Vaerah Vahrokha
Vahrokh Consulting
#17 - 2012-08-15 17:15:07 UTC
Dave stark wrote:
Barakach wrote:
Vaerah Vahrokha wrote:
Idris Helion wrote:
Earlier today trit was running around 7.40 in Jita. Now? Down to 6.58 (though trending back up a bit).

Are the mining barge changes starting to hit? Pyerite wasn't affected as much, so I don't think so. I wonder if someone simply dumped a large stockpile of trit in Jita and drove the price down temporarily....


I'd also raise my head above the client and look at the calendar.

Many with a life ATM are sipping a drink on a warm beach, sitting on a comfortable chaise longue side by side with their girl friend.

.... and then people wonder why so few girls play EvE. So much nerd and pale basement colored skin in here...


Yeah, by using their CC and racking up more debt :P

I don't know where you live, but in the USA, the average person lives paycheck-to-paycheck and taking vacation time would get them fired. Sad


sounds worse than a third world country.


I wonder why all those chaps around the world try getting a green card.

EvE Online portal | EvE markets tutorials
Barakach
Caldari Provisions
Caldari State
#18 - 2012-08-15 18:25:52 UTC  |  Edited by: Barakach
Anyway, I've been watching trit since I was a miner and trit was cycling from 6.3-6.8 for a few weeks, then the whole BUY MINERALS WHILE BPOS ARE CHEAP hit mining barges. Then trit shot up to the 7.1-7.3 range before crashing down into the 6.1-6.7 range.

Personally, I think trit has been quite stable. I wouldn't buy stock piles and sit on it, but it's still safe to do weekly trading.
Dynast
Room for Improvement
Good Sax
#19 - 2012-08-16 18:09:59 UTC  |  Edited by: Dynast
Vaerah Vahrokha wrote:
I wonder why all those chaps around the world try getting a green card.

Because living in the U.S. is awesome if you're affluent, and everyone believes they will be.

Edit: also, "third world country" as a euphemism, and "third world country" as an actual place to be living, are very different ;p
Dersk
Perkone
Caldari State
#20 - 2012-08-16 21:19:16 UTC  |  Edited by: Dersk
Barakach wrote:
I don't know where you live, but in the USA, the average person lives paycheck-to-paycheck and taking vacation time would get them fired. Sad


I don't think the eve market is going to forego it's yearly trends because Americans are too poor to take a vacation or do something other than play Eve. The cart-pusher at Wal-Mart with the diction of a Haitian voodoo priest gets 2 to 3 weeks of vacation, paid, a year.

Nothing against Haitians...
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