These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
 

To Clarify about Economy and ISK

First post First post
Author
Previous Topic Next Topic
Skydell
Bad Girl Posse
#61 - 2013-09-16 16:16:03 UTC
Rhivre wrote:

Yes, many T1 ships are still below build cost, some are likely to stay there longer than others, this is due to the stockpiles.




This in itself is a marker for what is wrong with the EVE 'economy'.

The entire thing revolves around PvP loss and there is no loss in Evac wars.

The entire process relies on stupid people and contrary to the monthly lulz mails in GD, EVE is not full of stupid people and the economy isn't going come alive because people ganked an over fit Raven.

We need conflict, not well panned slaughters you can see a mile away that end in Evac.
Jdestars
Stars Research systems Incorporation
#62 - 2013-09-17 11:38:06 UTC  |  Edited by: Jdestars
If you follow the evolution of the quotation (prices, volume) of raw material since certain count of years you owed noticed the flown away of the available volume in particular on Jita for Tritanuium.

Indeed depusi 2-3 years stock of certain order reached the limit maximal of Stack or (int (11° in database :2^11), multiple order on the tritianium what covers widely need for production of several months
and thus the effect of any terrorist jihadist operation of the sect taligoon (show their propaganda of 2006) one more effect of forum warrior than other thing.
And it is to consider on stock hidden from the producers planning the increases… so the universe don't turn around their navels ;)

Given more relevant are necessary for the systematic understanding of the effects of engender mechanism of games and the behavior of the actors whom are the players in the economic system Evien

and you know certain behavior escapes any modellings (stemming from our own limitations from ours reference frame) :
player of null sec think only with their game practice for example ;) ( 9%-11% of Eve player see QN Devblog )
Vaerah Vahrokha
Vahrokh Consulting
#63 - 2013-09-17 12:58:28 UTC
Julia Avinte wrote:

Another aspect to take into consideration is the fact that there is no real financial market in Eve. In real life, money in our bank accounts are put to work by the banks and are therefore part of the active monetary supply. Money in our wallets in Eve are not active and therefore our wallets act as temporary isk sinks (or permanent for all the isk on inactive accounts).


In the last months the money in my wallet has generated a turnover of some hundreds of billions just for the loans / bonds / IPOs I have financed. Hardly "not active". Blink

I just happen to not leave it idling doing nothing but putting it into use like a RL investment bank would do. And like me, many others.

EvE Online portal | EvE markets tutorials
Rthor
Smugglers Inc.
#64 - 2013-09-19 01:10:46 UTC
Vaerah Vahrokha wrote:
Julia Avinte wrote:

Another aspect to take into consideration is the fact that there is no real financial market in Eve. In real life, money in our bank accounts are put to work by the banks and are therefore part of the active monetary supply. Money in our wallets in Eve are not active and therefore our wallets act as temporary isk sinks (or permanent for all the isk on inactive accounts).


In the last months the money in my wallet has generated a turnover of some hundreds of billions just for the loans / bonds / IPOs I have financed. Hardly "not active". Blink

I just happen to not leave it idling doing nothing but putting it into use like a RL investment bank would do. And like me, many others.


Hmm. You make a lot of sense but you may be a whale. I would like to play the role of a whale hunter some day in this game. So maybe we meet some day. Maybe I understand market discussions forum.

Would you like a book suggestion? I like you, you know. You wrote a lot of stuff on trading and you use Eve like I do to test ideas. So maybe I can suggest a book to you?
Vaerah Vahrokha
Vahrokh Consulting
#65 - 2013-09-19 05:49:51 UTC
Rthor wrote:

Hmm. You make a lot of sense but you may be a whale. I would like to play the role of a whale hunter some day in this game. So maybe we meet some day. Maybe I understand market discussions forum.

Would you like a book suggestion? I like you, you know. You wrote a lot of stuff on trading and you use Eve like I do to test ideas. So maybe I can suggest a book to you?


Please feel free to hunt me. Maybe I could be a whale, maybe an Orca Twisted.

I always appreciate book suggestions.

EvE Online portal | EvE markets tutorials
Debra Tao
Perkone
Caldari State
#66 - 2013-09-19 11:54:55 UTC
Vaerah Vahrokha wrote:
Julia Avinte wrote:

Another aspect to take into consideration is the fact that there is no real financial market in Eve. In real life, money in our bank accounts are put to work by the banks and are therefore part of the active monetary supply. Money in our wallets in Eve are not active and therefore our wallets act as temporary isk sinks (or permanent for all the isk on inactive accounts).


In the last months the money in my wallet has generated a turnover of some hundreds of billions just for the loans / bonds / IPOs I have financed. Hardly "not active". Blink

I just happen to not leave it idling doing nothing but putting it into use like a RL investment bank would do. And like me, many others.


He actually makes a lot of sense. The only reason EVE doesn't have an inflation that would make Zimbabwe's Central bankers blush is because people are stockpilling money and not using it. When you look at differents markets in Jita it's pretty obvious : the value of these markets stays roughly stable over time. Something that would be impossible if people where using and spending the money they are making. That's the 'isk sink' that prevents inflation.
Vaerah Vahrokha
Vahrokh Consulting
#67 - 2013-09-19 13:32:19 UTC
Debra Tao wrote:
Vaerah Vahrokha wrote:
Julia Avinte wrote:

Another aspect to take into consideration is the fact that there is no real financial market in Eve. In real life, money in our bank accounts are put to work by the banks and are therefore part of the active monetary supply. Money in our wallets in Eve are not active and therefore our wallets act as temporary isk sinks (or permanent for all the isk on inactive accounts).


In the last months the money in my wallet has generated a turnover of some hundreds of billions just for the loans / bonds / IPOs I have financed. Hardly "not active". Blink

I just happen to not leave it idling doing nothing but putting it into use like a RL investment bank would do. And like me, many others.


He actually makes a lot of sense. The only reason EVE doesn't have an inflation that would make Zimbabwe's Central bankers blush is because people are stockpilling money and not using it. When you look at differents markets in Jita it's pretty obvious : the value of these markets stays roughly stable over time. Something that would be impossible if people where using and spending the money they are making. That's the 'isk sink' that prevents inflation.


Look recent threads for "wallets segregation", that's what keeps EvE economy floating.

EvE Online portal | EvE markets tutorials
Julia Avinte
Federal Navy Academy
Gallente Federation
#68 - 2013-09-19 14:37:04 UTC
Vaerah Vahrokha wrote:
Debra Tao wrote:
Vaerah Vahrokha wrote:
Julia Avinte wrote:

Another aspect to take into consideration is the fact that there is no real financial market in Eve. In real life, money in our bank accounts are put to work by the banks and are therefore part of the active monetary supply. Money in our wallets in Eve are not active and therefore our wallets act as temporary isk sinks (or permanent for all the isk on inactive accounts).


In the last months the money in my wallet has generated a turnover of some hundreds of billions just for the loans / bonds / IPOs I have financed. Hardly "not active". Blink

I just happen to not leave it idling doing nothing but putting it into use like a RL investment bank would do. And like me, many others.


He actually makes a lot of sense. The only reason EVE doesn't have an inflation that would make Zimbabwe's Central bankers blush is because people are stockpilling money and not using it. When you look at differents markets in Jita it's pretty obvious : the value of these markets stays roughly stable over time. Something that would be impossible if people where using and spending the money they are making. That's the 'isk sink' that prevents inflation.


Look recent threads for "wallets segregation", that's what keeps EvE economy floating.


I just read your post on page 2 and I believe we are thinking the same thing.

I have wanted CCP to implement more economic tools to help form a better working financial market for a long time. After reading your post and thinking a little about it I am starting to see why this hasn't happened. The economic turmoil would be devastating. (Not necessarily a bad thing but I think it would be bad for CCPs subscription incomes when all the rage quits happen due to the drastic changes to the game it would bring with it).
Rthor
Smugglers Inc.
#69 - 2013-09-20 02:34:41 UTC
Vaerah Vahrokha wrote:
Rthor wrote:

Hmm. You make a lot of sense but you may be a whale. I would like to play the role of a whale hunter some day in this game. So maybe we meet some day. Maybe I understand market discussions forum.

Would you like a book suggestion? I like you, you know. You wrote a lot of stuff on trading and you use Eve like I do to test ideas. So maybe I can suggest a book to you?


Please feel free to hunt me. Maybe I could be a whale, maybe an Orca Twisted.

I always appreciate book suggestions.


I will send you a suggestion. Regardless of Eve I think that it will help you IRL because you are part of Eve. Haha.