EVE General Discussion

"Minerals I mine are free".

This statement is the most toxic, horrible thing that any industrialists can hear.

Currently we have a weapon to stave off such stupidity. The ability to reverse their stupidity and put the minerals back on the market at the right price via 100% reprocessing.

There is a 45% nerf to reprocessing, this will nerf the counter to "minerals I mine are free" and will drive t1 hulls to 55% of their current value.

Minerals off the market will cost you 180m to build an abaddon, but "Minerals I mine are free" will sell it to you for 103m. Because that is how much it can be refined for back to the market.


45% reduction in price on all T1 modules, and many meta modules doesn't seem terribly bad.

Fixed.

2/10 because 2 people bit.

If people do not understand opportunity cost and want to stupidly sell stuff for less than they could otherwise get by just dumping the minerals at the nearest trade hub, well not much to be done.

Its not just mining. Currently in PI only one of the P4 products currently sells for more than you would get just selling the P2 mats. In fact even if you have P2 planets and need a P4 like Sterile Conduits for your own production lines, you are way better off dumping your own P2 on the market and buying some other fools P4 rather than making your own.

The other amusing one is people that go to all the effort of producing or moving commodities to a remote area where they can sell at most 1 or 2 items a week but might get an Ok profit due to the distance, and dump 50 on the market at Jita prices :D

All this change means is when you buy up the "below cost" dumped produce you need to resell it at a proper price rather than taking the easy way out and reprocessing the lot.

You have zero cost basis in the minerals you mine. If one doesn't mind selling for less than market value that is their perogative. It is a free market. Deal with it.

I can understand gankling mining ships. I can even understand the concern that hisec mining culture contributes to a more banal EVE inter-player interaction.

What I don't understand is thread after thread of this non constructive, vitriolic "I hate these people" threads about miners. Is it not enough for you to play a game? Or do you have nothing better to do than rant about how somebody chooses to play a game? I'm not sure what another human being could have possibly done to elicit that sort of response.

The only thing toxic here is threads like these.

/蘭

The minerals I mine are free in so much that I won't need to invest ISK into buying them from the market. And I can mine more low end minerals to "exchange" them for the high end minerals I need. So I will run a lower risk in ISK with market fluctuations. Whether or not something is worth producing in the first place is calculated from buying the minerals on the market when setting up the spreadsheet. That process is completely independent from the source of the minerals.

You will never have the sense of achievement from mining all the minerals needed for your own freighter. Delivering the job and hopping into it for the first time has something elated to it. This is mine. I created it. And even if you gank it, I know, I can just build another.

Nothing wrong with stupid people, without them, and their hard work, how would anyone get rich?

Except when someone is dumb enough to leave them in a can to be stolen... then they are free...and so are the tears.

I just love obtuse statements like this.

Cost basis is primarily used to determine capital gain so that the IRS can determine how much to tax you. From a business standpoint it's a lousy way to look at ROI... aside from manipulating your balance sheet to report lower gains for lower taxes.

Most things in life are not as complicated as tax law, thank God. Business is pretty simple. The time you spend mining minerals is worth something. The minerals are worth something. The time you spend mining minerals vs. doing something more lucrative is worth something.... the only real point in investing in business is to generate a ROI that is more robust than sticking your money in a mayonnaise jar and burying it in the back yard for a rainy day errr... savings account.

Most businesses fail because they simply don't know how to mark up their product. In EVE, your 'business' can't fail. No one is coming to repossess your assets. All that can really happen to you is you spend a lot of time grinding to get peanuts in return and you represent a nuisance in the market to those who actually understand how to calculate a value for their time, effort, and value of capital and balance that against a price point on the market.

To somehow imply that "zero cost basis" and "perogative" are a justification or replacement for "ignorance" is flat out wrong. Strictly speaking "the minerals I mine are free" is an unlightened - or for those less sensitive - ignorant point of view.