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"Minerals I mine are free"

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Author
Zifrian
The Frog Pond
Ribbit.
#41 - 2014-03-22 01:13:27 UTC  |  Edited by: Zifrian
Amazing how inch-deep thinking persists in all societies today.

Who cares how someone decides to play? If they want to sell below value, fine. I can think of many reasons why someone might want to sell below cost.

Who cares if "they are doing it wrong"? Is it really ruining your game play? If so, EVE probably isn't for you.

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Hasikan Miallok
Republic University
Minmatar Republic
#42 - 2014-03-22 03:41:05 UTC
Zifrian wrote:
Amazing how inch-deep thinking persists in all societies today.

Who cares how someone decides to play? If they want to sell below value, fine. I can think of many reasons why someone might want to sell below cost.

Who cares if "they are doing it wrong"? Is it really ruining your game play? If so, EVE probably isn't for you.


I assume the context was that it makes rational industrial/trading decisions a bit difficult when two mining/industrialists are getting into a below cost price war. For new industrialists with a limit range of products it can be an issue.

In the past you just bought up the cheap stock and instantly recycled it for immediate profit. The solution now, of course, will be to buy the stuff they are selling at a loss and ship it elesewhere and sell it at a profit. Or alternatively stockpile. Eventually the "minerals are free" people get bored and go do something else.
Ranger 1
Ranger Corp
Vae. Victis.
#43 - 2014-03-22 08:13:07 UTC  |  Edited by: Ranger 1
Hasikan Miallok wrote:
Zifrian wrote:
Amazing how inch-deep thinking persists in all societies today.

Who cares how someone decides to play? If they want to sell below value, fine. I can think of many reasons why someone might want to sell below cost.

Who cares if "they are doing it wrong"? Is it really ruining your game play? If so, EVE probably isn't for you.


I assume the context was that it makes rational industrial/trading decisions a bit difficult when two mining/industrialists are getting into a below cost price war. For new industrialists with a limit range of products it can be an issue.

In the past you just bought up the cheap stock and instantly recycled it for immediate profit. The solution now, of course, will be to buy the stuff they are selling at a loss and ship it elesewhere and sell it at a profit. Or alternatively stockpile. Eventually the "minerals are free" people get bored and go do something else.

That, or they can't continue to bleed money... or wander off to try something else that makes them more money in their pocket (while actually being quite inferior to the money they could be making if only they grew a brain).

It wouldn't be an issue except for the fact that there seems to be a constant supply of new lack wits ready to fill in the ranks, mean that sensible players (new and old) struggle more than necessary to turn a reasonable profit.

How many of you, back when you were first starting, saved up your ISK to buy a BPO with the intention of making your living doing industry... only to find that you would have to sell those items below cost to actually move them on the market?

Mining your own minerals for industry is fine to provide yourself with a competitive edge, but you won't catch any successful business man selling manufactured items BELOW the cost that he could simply sell the raw materials for. Nor will you see them selling raw materials for significantly less than what the current demand allows. Yet you see it in EVE every day.

Partly this is because a lot of the underlying costs to obtain those materials are not represented in EVE, and partly because most gamers don't really think about what they are doing (and eventually fail at earning the necessary game currency to obtain the items they want in a realistic time frame).

There is a reason why people saying "but minerals I mine myself are free" are considered the walking punch lines of EVE. Blink

View the latest EVE Online developments and other game related news and gameplay by visiting Ranger 1 Presents: Virtual Realms.

Dave Stark
#44 - 2014-03-22 08:22:08 UTC
minerals i mine are free.

doesn't mean they don't have a value, though.
Tauranon
Weeesearch
CAStabouts
#45 - 2014-03-22 08:34:16 UTC
Tom Gerard wrote:
"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.


The price of battleships is not set by minerals I mine are free people.

I used to build hulls and sell them in dodixie. I have several billion in BPOs and I can run more than my build character has queues, so I would stop building anything the moment it got too close to the bottom line. I would typically build 3b of ships in a day, and if I stop a line, 10 of that hull don't get out on the market that day, which in dodixie was often a 5th of the daily volume.

I would put out up to 100 bc+ hulls in a day, and a typical minerals are free puts out 1 hull in a day. If I didn't extract cash for other purposes, then yesterdays sales would scale todays volume up by 5% - which illustrates the difference between someone that builds for profit, and someone that doesn't. ie I gained scale and set the market, and people who underprice and have no margin can't ever gain the scale that lets them build enough ships to matter.

Even if I had a dedicated guy front running an order, what would happen is that someone would come along that wanted 5 megathrons, take the minerals are free guys one mega, and 4 of mine in the same sale.

I can assure you that the build materials are the thing that will matter and that the people that set the market just get out when the price reaches the build price. The reproc price is immaterial unless a ship is secretly nerfed so that smart guys wind up holding useless stock, as its only smart guys that ever have enough scale to set the market price.
Tom Gerard
Glorious Nation of Kazakhstan
#46 - 2014-03-22 09:10:28 UTC
Tauranon wrote:
I used to


Says the Null Bear

You are no longer relevant.

Now with 100% less Troll.

Rain6637
GoonWaffe
Goonswarm Federation
#47 - 2014-03-22 09:16:06 UTC
it's not just the minerals. the archon you build is free, too.

get on my level
Bedwyr McNobbler
Republic Military School
Minmatar Republic
#48 - 2014-03-22 10:08:52 UTC  |  Edited by: Bedwyr McNobbler
Felicity Love wrote:
Tom Gerard wrote:
"Minerals I mine are free".



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



You mean people still jet-can mine ? I could understand it back when all we had to have any sort of cargo space was battleship mining but certainly not now. Even a Venture has 5k ore space. I can honestly say I have not seen anyone jetcan mining in a long time except to drop those cans for an orca to scoop up which isnt the same thing.

As for those whining about people selling items cheaply: You can quote all sorts of economic methods but you forget or ignore one very entertaining aspect of the "materials I mine are free" way of selling. That is the entertainment value of the hate mails and tears on forums from people who think they are the EVE equivalent of Richard Branson.

This is a computer game, the amount of ISK you have is irrelevant as long as you have enough ISK to do what you want to do. I have taken that attitude in both WoW and SWG when I played those, especially SWG when vehicles were incredibly expensive. I sold them for cheaper than it cost to repair them but still for more than the upkeep on my harvesters so I made a modest profit.

The hate mails were simply epic. Big smile
Zifrian
The Frog Pond
Ribbit.
#49 - 2014-03-22 10:34:53 UTC  |  Edited by: Zifrian
Ranger 1 wrote:
Hasikan Miallok wrote:
Zifrian wrote:
Amazing how inch-deep thinking persists in all societies today.

Who cares how someone decides to play? If they want to sell below value, fine. I can think of many reasons why someone might want to sell below cost.

Who cares if "they are doing it wrong"? Is it really ruining your game play? If so, EVE probably isn't for you.


I assume the context was that it makes rational industrial/trading decisions a bit difficult when two mining/industrialists are getting into a below cost price war. For new industrialists with a limit range of products it can be an issue.

In the past you just bought up the cheap stock and instantly recycled it for immediate profit. The solution now, of course, will be to buy the stuff they are selling at a loss and ship it elesewhere and sell it at a profit. Or alternatively stockpile. Eventually the "minerals are free" people get bored and go do something else.

That, or they can't continue to bleed money... or wander off to try something else that makes them more money in their pocket (while actually being quite inferior to the money they could be making if only they grew a brain).

It wouldn't be an issue except for the fact that there seems to be a constant supply of new lack wits ready to fill in the ranks, mean that sensible players (new and old) struggle more than necessary to turn a reasonable profit.

How many of you, back when you were first starting, saved up your ISK to buy a BPO with the intention of making your living doing industry... only to find that you would have to sell those items below cost to actually move them on the market?

Mining your own minerals for industry is fine to provide yourself with a competitive edge, but you won't catch any successful business man selling manufactured items BELOW the cost that he could simply sell the raw materials for. Nor will you see them selling raw materials for significantly less than what the current demand allows. Yet you see it in EVE every day.

Partly this is because a lot of the underlying costs to obtain those materials are not represented in EVE, and partly because most gamers don't really think about what they are doing (and eventually fail at earning the necessary game currency to obtain the items they want in a realistic time frame).

There is a reason why people saying "but minerals I mine myself are free" are considered the walking punch lines of EVE. Blink

Again, you all keep assuming that this is the ONLY reason that someone would sell below cost and then take offense to it that it's all these MIMAF people "causing" you to lose out on isk that you clearly deserve because you played the game "the right way" and they didn't.

It's actually really, really simple. It's called Supply and Demand. Look it up if you have to. If you can't make a profit from that one BPO you bought, then you didn't do any market research or failed to realize that you need to diversify your production. You might get angry about not making a profit but the rest of us that took the time to learn what you won't, will be just fine. We'll be making profit off of your inability to understand the market and hence, lower the competition to make even more isk.

You are complaining about a well functioning game mechanic and think the solution is to "educate" people on the errors of their ways to "fix" it. Whatever the case, the market will work it out anyway because there really isn't a problem, no matter how people like to play or what prices they sell things on the market. In the end I guess it might hurt to admit you might be wrong, but that's pretty common anyway.

Maximze your Industry Potential! - Download EVE Isk per Hour!

Import CCP's SDE - EVE SDE Database Builder

Sojuro Ryosaki
Aliastra
Gallente Federation
#50 - 2014-03-22 17:03:01 UTC
It's not even just the people who sell stuff less then mineral cost. It's also those that put items on the market to sell for less then the highest Buy order. Don't know how many times I've seen this.
Beekeeper Bob
Beekeepers Anonymous
#51 - 2014-03-22 17:21:52 UTC
If you have no life, and your time is free, wouldn't that make your time valueless as well?
And wouldn't that mean any time you spend time mining minerals is also free, thereby making the minerals free?

You don't own anything in the game, trying to assign a valuation to space pixels based on your personal worth really doesn't enter into it. Lol

Signature removed - CCP Eterne

Tom Gerard
Glorious Nation of Kazakhstan
#52 - 2014-03-22 17:25:52 UTC
Sojuro Ryosaki wrote:
It's not even just the people who sell stuff less then mineral cost. It's also those that put items on the market to sell for less then the highest Buy order. Don't know how many times I've seen this.


That is a problem too but one CCP allows easy correction of.

The big problem is that CCP is literally taking the safeties off and is going to allow a market free-fall.

This is the end of an age, I am not saying it won't be playable but it really removes any real value from material efficiency and eliminates competition from the marketplace.

Now with 100% less Troll.

Bethan Le Troix
Krusual Investigation Agency
#53 - 2014-03-22 17:41:00 UTC
Bedwyr McNobbler wrote:
Felicity Love wrote:
Tom Gerard wrote:
"Minerals I mine are free".



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



You mean people still jet-can mine ? I could understand it back when all we had to have any sort of cargo space was battleship mining but certainly not now. Even a Venture has 5k ore space. I can honestly say I have not seen anyone jetcan mining in a long time except to drop those cans for an orca to scoop up which isnt the same thing.

As for those whining about people selling items cheaply: You can quote all sorts of economic methods but you forget or ignore one very entertaining aspect of the "materials I mine are free" way of selling. That is the entertainment value of the hate mails and tears on forums from people who think they are the EVE equivalent of Richard Branson.

This is a computer game, the amount of ISK you have is irrelevant as long as you have enough ISK to do what you want to do. I have taken that attitude in both WoW and SWG when I played those, especially SWG when vehicles were incredibly expensive. I sold them for cheaper than it cost to repair them but still for more than the upkeep on my harvesters so I made a modest profit.

The hate mails were simply epic. Big smile


Yes since the change where you could pod kill someone for stealing your ore came in some people still jet can .
Bethan Le Troix
Krusual Investigation Agency
#54 - 2014-03-22 17:42:44 UTC
Sojuro Ryosaki wrote:
It's not even just the people who sell stuff less then mineral cost. It's also those that put items on the market to sell for less then the highest Buy order. Don't know how many times I've seen this.


Those people must have mental problems. I have not seen that and I don't want to either.
Kathtrine
My Dot Corp
#55 - 2014-03-22 17:45:09 UTC
Tom Gerard wrote:
Sojuro Ryosaki wrote:
It's not even just the people who sell stuff less then mineral cost. It's also those that put items on the market to sell for less then the highest Buy order. Don't know how many times I've seen this.


That is a problem too but one CCP allows easy correction of.

The big problem is that CCP is literally taking the safeties off and is going to allow a market free-fall.

This is the end of an age, I am not saying it won't be playable but it really removes any real value from material efficiency and eliminates competition from the marketplace.


How exactly does this make the market competition free?

A free for all market would be maxed out competition, as in a free market.

[b]If your griefing about EvE online and still paying for it, your hooked and CCP has done thier job.

Now go blow somebodies ship up and stop whining about whatever your are lacking.[/b]

Dunhill Slims
Caldari Provisions
Caldari State
#56 - 2014-03-22 22:25:45 UTC
This really doesn't take into account people who mine for fun.
In their case any ore mined is simply a by-product of the process so any ISK you get for it is a good amount.
Tom Gerard
Glorious Nation of Kazakhstan
#57 - 2014-03-23 01:40:34 UTC
Dunhill Slims wrote:
This really doesn't take into account people who mine for fun.
In their case any ore mined is simply a by-product of the process so any ISK you get for it is a good amount.


And their "Fun" will help collapse the market.

I don't own a single BPO, I don't do production, my concern is that with this change production will never be a viable income ever again.

Now with 100% less Troll.

Tauranon
Weeesearch
CAStabouts
#58 - 2014-03-23 01:48:40 UTC
Tom Gerard wrote:
Dunhill Slims wrote:
This really doesn't take into account people who mine for fun.
In their case any ore mined is simply a by-product of the process so any ISK you get for it is a good amount.


And their "Fun" will help collapse the market.

I don't own a single BPO, I don't do production, my concern is that with this change production will never be a viable income ever again.



I gave you the reason why production is fine. That reason is that anyone who mines to build and sell a ship lacks the scale to satisfy market demand.

it takes the same time for me to gather the whole basket from the market as it does for a miner to gather what he is missing, it takes the same time for me to queue 24 hours of ship production as it does for a miner to queue 1 ship. Anyone who screws around building 1 ship typically wastes a lot of time where other people would still be mining.

People can and do buy stacks of a battlecruiser or battleship to use for PVP. In one short period of time (the gallente ice interdiction), I sold over 500 brutixes, more than once a 10 stack (daily production) to one person.




Tom Gerard
Glorious Nation of Kazakhstan
#59 - 2014-03-23 02:15:41 UTC
Your argument is valid as long as there less less than a 10:1 ratio of morons to regular folks.

Especially within the mining community I think you are being terribly optimistic.

Now with 100% less Troll.

Dealth Striker
Perkone
Caldari State
#60 - 2014-03-23 04:07:24 UTC
Just love how some people get all worked up over a game Big smile

Just goes to show how much they love playing this game.

My motto is: If you are not at least pissing off one person in this game, you are probably not having fun! (was going to say not playing right - but since it is a game - one plays however they wish - unless someone else is paying for their game time)


Striker out!! Pirate
Striker Out!!