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Economic Stagnation?

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Obunagawe
#1 - 2013-06-22 12:07:42 UTC
Look at character bazaar. Look at Sell Orders.

In Character Bazaar, we are seeing record prices for "prestige" pilots. PvP characters with good names and old dates of birth are selling for extremely high prices. While things that used to be a staple of that forum - Tengu pilots, industrial characters, and various low-end characters simply are not selling.

In Sell Orders, tourney ships are selling for 3 times the price they used to just a year ago. Supercarriers and Titans however are not moving at all, the only bids on these are lowballs. Everything else on the forum - BPO packs, fitted ships, mineral bulk, and so on, is also in a state of stagnation with only ridiculously low bids.

So basically, what I'm seeing from this, is that the only things that have gone up in value are "prestige" and "exclusivity", while everyday goods simply are not moving.

I am interested to know if others are seeing the same pattern that I am.
Tinu Moorhsum
Random Events
#2 - 2013-06-22 14:04:10 UTC
It's supply and demand doing it's work.

I've noticed that characters are going for fewer isk/sp than they were before but I think that has to do with the patch. I think it will adjust as time goes by
AtheistOfFail
Totality Squad
Vyraj.
#3 - 2013-06-22 17:47:49 UTC
Obunagawe wrote:
Look at character bazaar. Look at Sell Orders.

In Character Bazaar, we are seeing record prices for "prestige" pilots. PvP characters with good names and old dates of birth are selling for extremely high prices. While things that used to be a staple of that forum - Tengu pilots, industrial characters, and various low-end characters simply are not selling.

In Sell Orders, tourney ships are selling for 3 times the price they used to just a year ago. Supercarriers and Titans however are not moving at all, the only bids on these are lowballs. Everything else on the forum - BPO packs, fitted ships, mineral bulk, and so on, is also in a state of stagnation with only ridiculously low bids.

So basically, what I'm seeing from this, is that the only things that have gone up in value are "prestige" and "exclusivity", while everyday goods simply are not moving.

I am interested to know if others are seeing the same pattern that I am.


Tengu pilots - T3 nerf news just hit and we all know who is going to get it.
Industrial characters - Ahem, every barge is pretty much the same these days, orca takes nothing to train, industrial ships just got Iteron'd and Freighters are now within reach of every player.
Supers are going to be hit hard in the new "capital rebalance" since it seems carriers and dreads may be getting a slight buff, threatening the supers line.

PvP Characters will always sell, especially during wartime.
Tournament Ships are interesting in that their value is derived from exclusivity.
Vaerah Vahrokha
Vahrokh Consulting
#4 - 2013-06-22 22:17:13 UTC
Add: most mining pilots are now worth less than before the patch, the new mechanic imposes a ceiling on how many to have in the whole EvE.

EvE Online portal | EvE markets tutorials
Son Zoo
Doomheim
#5 - 2013-06-23 01:51:43 UTC  |  Edited by: Son Zoo
Lots of formerly popular char types took a big hit this patch, but it is/was a big investment opportunity as well.

I've made around 40 bil profit from char trading since the patch utilizing two accounts. Not really slowing down that much, but definitely requires more care with flip selection than it used to.

Dual-training does drag hard on the low-end business, but it also makes the mid-long game that much cheaper now that you can cram two 30-day cycle flips onto a single account.

More risk, more reward. :)
mynnna
State War Academy
Caldari State
#6 - 2013-06-23 03:10:07 UTC
Claiming that relatively slow moving forums frequented by a tiny portion of the game's population are indicative of "economic stagnation" is one of the more shortsighted posts I've seen in MD in the past... well, long time.

Member of the Goonswarm Economic Warfare Cabal
Joan Greywind
The Lazy Crabs
#7 - 2013-06-23 03:14:48 UTC
mynnna wrote:
Claiming that relatively slow moving forums frequented by a tiny portion of the game's population are indicative of "economic stagnation" is one of the more shortsighted posts I've seen in MD in the past... well, long time.



really? yea his assumption might be a tad bit presumptuous, but I see much worse everyday. His post wasn't actually that bad.
Kara Books
Deal with IT.
#8 - 2013-06-23 09:17:01 UTC
A healthy market expands and contracts, prices go up and down, demand goes up and comes.... ok you get the idea.

Now, a wise trader knows how to take advantage of the downswings and upswings.
Vaerah Vahrokha
Vahrokh Consulting
#9 - 2013-06-23 10:19:49 UTC
Kara Books wrote:
A healthy market expands and contracts, prices go up and down, demand goes up and comes.... ok you get the idea.

Now, a wise trader knows how to take advantage of the downswings and upswings.


WTB short selling!

EvE Online portal | EvE markets tutorials
Zelda Wei
New Horizon Trade Exchange
#10 - 2013-06-23 13:28:33 UTC

There is always a summer down turn, if anything this year is shallower than last .
Felicity Love
Doomheim
#11 - 2013-06-23 14:51:15 UTC
... seems to remember the run-up to Odyssey being quite busy, especially between Fanfest and Odyssey for shipbuliding, and then the predictable post-patch-Summer Slump arrived as usual/expected...sooooooo, nothing to see here.

"EVE is dying." -- The Four Forum Trolls of the Apocalypse.   ( Pick four, any four. They all smell.  )
Vaerah Vahrokha
Vahrokh Consulting
#12 - 2013-06-23 19:00:36 UTC
Felicity Love wrote:
... seems to remember the run-up to Odyssey being quite busy, especially between Fanfest and Odyssey for shipbuliding, and then the predictable post-patch-Summer Slump arrived as usual/expected...sooooooo, nothing to see here.


A PvPer can find targets even now (see the GD threads about TiDi).
A missioneer can find red crosses even now.
An explorer is even happier if there's some less competition around, his anoms still spawn.

Now, it'd be so cool if a trader could have his fill of EvE like the above. Swing traders find themselves less than busy since they can't short sell. Station traders find the markets "not moving".

EvE Online portal | EvE markets tutorials
X ATM092
Science and Trade Institute
Caldari State
#13 - 2013-06-24 14:22:54 UTC
There's no stagnation here, simply continued exponential appreciation of exclusive assets. When I sold my adrestias 9 months ago I got more for them than they had ever gone for before, 65b if memory serves. When more were sold recently for 90ish then that too was more than they had ever gone for before. There is no new pattern being seen here, every time they sell they sell for record prices because the price keeps going up. The eve rich today are richer than they ever have been before and exclusive assets reflect competition between them. The fact of the matter is that spending a tril on having one of each AT hull really isn't a big deal anymore.
Obunagawe
#14 - 2013-06-24 17:35:39 UTC
X ATM092 wrote:
There's no stagnation here, simply continued exponential appreciation of exclusive assets. When I sold my adrestias 9 months ago I got more for them than they had ever gone for before, 65b if memory serves. When more were sold recently for 90ish then that too was more than they had ever gone for before. There is no new pattern being seen here, every time they sell they sell for record prices because the price keeps going up. The eve rich today are richer than they ever have been before and exclusive assets reflect competition between them. The fact of the matter is that spending a tril on having one of each AT hull really isn't a big deal anymore.


The money that is making the rich richer has to come from somewhere - it's a levy on the already failing middle class, who now have little to no spending power. So I agree completely with what you're saying and it fits with my theory perfectly.
Tumahub
Sebiestor Tribe
Minmatar Republic
#15 - 2013-06-25 01:01:46 UTC  |  Edited by: Tumahub
Get a job hippie~

Also, the socialist troll gimmick is a little overplayed. I'd say 5/10 due to serious replies, but frankly that's being generous. Get creative man.
Sabriz Adoudel
Move along there is nothing here
#16 - 2013-06-25 06:19:48 UTC
Obunagawe wrote:
X ATM092 wrote:
There's no stagnation here, simply continued exponential appreciation of exclusive assets. When I sold my adrestias 9 months ago I got more for them than they had ever gone for before, 65b if memory serves. When more were sold recently for 90ish then that too was more than they had ever gone for before. There is no new pattern being seen here, every time they sell they sell for record prices because the price keeps going up. The eve rich today are richer than they ever have been before and exclusive assets reflect competition between them. The fact of the matter is that spending a tril on having one of each AT hull really isn't a big deal anymore.


The money that is making the rich richer has to come from somewhere - it's a levy on the already failing middle class, who now have little to no spending power. So I agree completely with what you're saying and it fits with my theory perfectly.



I'm 'EVE middle class'. With assets of around six or seven billion, I'm part of the 25% but not the 1%.

I have no lack of spending power. The only reason I don't suicide smartbomb gank is because of sec status mechanics, not because I couldn't afford to throw away a few battleships for the lulz. I can afford to waste ISK on silly things, like going on a solo nullsec roam in a HAC, or buying shares to support the New Order, or the like.

And that wealth keeps ticking up.


What we are seeing is a lack of ISK sinks in the game, IMHFO.

I support the New Order and CODE. alliance. www.minerbumping.com