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What happened in the market????

Author
Sulliva Slake
Aliastra
Gallente Federation
#1 - 2013-05-15 03:37:28 UTC
Ok I have been selling some mission items on the market reciently, but just today, the prices have seem to taken a drastic drop in price..

Just earlier this morning I was selling Minmatar UUB nexus chips for about 5.2 mil each.. The price has just suddenly dropped to under 4 mil. (I could have sold them instantly for more then what they are ON THE MARKET right now)

And a simular price drop seems to have happened to everything im selling..

Upgraded 'Malkuth" light missle launcher went from 3 mil to 1 mil. 250mm 'scout' accelerator cannon from 2.9 mil to 950k

I would post more but its just too much typing .. you get the point.. Everythig took a dive like that.. What happened? should I buy? or did some change that I dont know about took effect?

Any ideas?

Thanks
Liang Nuren
No Salvation
Top Belt for Fun
#2 - 2013-05-15 03:40:12 UTC
There are occasional loot table changes, but I've found that it's much more common that the market simply fluctuates over time. If you're feeling skittish, just sell your stock... but if you're feeling frisky, now's a great time to stock up while the market is down.

-Liang

I'm an idiot, don't mind me.

Sulliva Slake
Aliastra
Gallente Federation
#3 - 2013-05-15 03:55:30 UTC
Liang Nuren wrote:
There are occasional loot table changes, but I've found that it's much more common that the market simply fluctuates over time. If you're feeling skittish, just sell your stock... but if you're feeling frisky, now's a great time to stock up while the market is down.

-Liang



Ok thankyou. I am definatly going to have to learn more about the market before I can make any sort of investment. Because if this much can change in 24 hrs, im really curious how the market is effected overall. In the little time that I have been watching the market I have never seen such a drastic reduction in prices. Ive seen it going down maybe 10k or sumthing by someone trying to make the lowest price, but not by 50%+.. If this market price sticks, thats a 50 mil loss on my part. Not that its a lot, its just such a sudden loss I don't really know what to make of it yet..

Ill just have to see what happens I guess :)

Thanks for the help
Liang Nuren
No Salvation
Top Belt for Fun
#4 - 2013-05-15 03:59:22 UTC  |  Edited by: Liang Nuren
Hmmm... I used to trade fuel blocks for 18-22k each. Then they dropped down to 9-11k for a long time. Now they're back up at 18k. Things change.

-Liang

Ed: Nanoribbons used to be 40% more or so too. I remember driving the price of Ruptures up in Dodixie up to 10m each for about a month a few years back when they were selling for 4.5m each. The crash on that was pretty hilarious.

I'm an idiot, don't mind me.

I Love Boobies
All Hail Boobies
#5 - 2013-05-15 04:09:26 UTC  |  Edited by: I Love Boobies
Some of us mission runners save up LPs for when the prices on them skyrocket. I just unloaded a bunch of UUA in Rens for a very nice LP to ISK ratio. Blink
Prince Sanguine
#6 - 2013-05-15 06:56:14 UTC
Anyone know which items to invest for the long haul? I have no issue waiting to make isk back.pro market tip: acquire prostitutes in contacts. Sex is always in business.....Big smile

Everytime you read this you are required to send 100 million isk directly to me.

ACE McFACE
Dirt 'n' Glitter
Local Is Primary
#7 - 2013-05-15 06:56:44 UTC
Economics, baby!

Now, more than ever, we need a dislike button.

Stan'din
Pandemic Alpha
Transgress
#8 - 2013-05-15 11:09:05 UTC
i don't know how people actually manage to sell things on the High sec market due to all the market bots around What?

Your about as much use as a condom dispenser in the Vatican.

Screenlag
Rosendal Research and Development
#9 - 2013-05-15 14:35:56 UTC
Sulliva Slake wrote:
Ok I have been selling some mission items on the market reciently, but just today, the prices have seem to taken a drastic drop in price..

Just earlier this morning I was selling Minmatar UUB nexus chips for about 5.2 mil each.. The price has just suddenly dropped to under 4 mil. (I could have sold them instantly for more then what they are ON THE MARKET right now)

And a simular price drop seems to have happened to everything im selling..

Upgraded 'Malkuth" light missle launcher went from 3 mil to 1 mil. 250mm 'scout' accelerator cannon from 2.9 mil to 950k

I would post more but its just too much typing .. you get the point.. Everythig took a dive like that.. What happened? should I buy? or did some change that I dont know about took effect?

Any ideas?

Thanks


It depends on where you sell your loot. In minor hubs like where you might run your missions, prices can fluctuate very drastically. If you're doing it in Jita or Amarr there's a much lesser risk of fluctuations.
Skorpynekomimi
#10 - 2013-05-15 14:43:32 UTC
Prince Sanguine wrote:
Anyone know which items to invest for the long haul? I have no issue waiting to make isk back.pro market tip: acquire prostitutes in contacts. Sex is always in business.....Big smile


Ships. The bigger the better. Ships NEVER go out of fashion or drop in price!

Economic PVP

I'thari
#11 - 2013-05-15 14:53:25 UTC
Skorpynekomimi wrote:
Prince Sanguine wrote:
Anyone know which items to invest for the long haul? I have no issue waiting to make isk back.pro market tip: acquire prostitutes in contacts. Sex is always in business.....Big smile


... Ships NEVER ... drop in price!

Ah, the good old times of insurance fraud Roll

Disclaimer:

Every single character used in this post is a work of fiction. Any similarities with real-world alphabet, or - god forbid - language is purely unintnetional!

Haulie Berry
#12 - 2013-05-15 15:14:19 UTC  |  Edited by: Haulie Berry
Quote:
Upgraded 'Malkuth" light missle launcher went from 3 mil to 1 mil


Hello friend,

I am sorry to hear of your troubles. I happen to have a large stockpile of Upgraded 'Malkuth" light missle launchers that, as a special favor, I would be willing to sell to you for a nominal sum - 500K each, perhaps.

Lol
Cipher Jones
The Thomas Edwards Taco Tuesday All Stars
#13 - 2013-05-15 18:40:50 UTC
Skorpynekomimi wrote:
Prince Sanguine wrote:
Anyone know which items to invest for the long haul? I have no issue waiting to make isk back.pro market tip: acquire prostitutes in contacts. Sex is always in business.....Big smile


Ships. The bigger the better. Ships NEVER go out of fashion or drop in price!


Lol,.

Just ******* Lol.

internet spaceships

are serious business sir.

and don't forget it