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"Minerals I mine are free"

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Katran Luftschreck
Royal Ammatar Engineering Corps
#81 - 2014-03-24 17:04:58 UTC
Hir Miriel wrote:
Value is assigned by players.

To one what is valuable is worth nothing to another.


This is very true. I bought an assault frigate once... then I remembered that I don't PvP. The phrase "mothball" came to apply very quickly, as I couldn't find any real use for the poor thing.

Low/null newbies look at these things and drool, yet I just shrug.

They probably feel the same way about my mission running battleships, tho.

Wonder if I can trade it for something more worthwhile? Ah now there's a good word... "worthwhile." Not exactly the same thing as an ISK price tag, now is it? Well, I suppose for some people they're one and the same, but again... those people need step back from the spreadsheet and unclench their butt cheeks for a minute.

http://youtu.be/t0q2F8NsYQ0
Muestereate
Minions LLC
#82 - 2014-03-24 17:11:37 UTC
I look forward to ships I dont have to ISBOXER to afford. Best news all day.
BoBoZoBo
MGroup9
#83 - 2014-03-24 20:56:36 UTC  |  Edited by: BoBoZoBo
There is "value" and then there is "cost," do not confuse the two.

"Minerals I mine are free (cost nothing)" is a classic example of the type of thinking that keeps people is a constant state of economic misunderstanding and poverty. Always wondering why they don't move up.

Does this person just give away the minerals they mine or sell it for a severely reduced rate? Or do they sell them at a reasonable price that the market will bear? Probably not... why?

Because they spend time mining those minerals... and money on the equipment to mine (and on a more meta level, their sub cost). So it definitely cost them something to mine those minerals, they are not free. In fact, those minerals should hold more intrinsic value to them than someone who bought them as the money is replaceable, the time is not.

TL:DR - Nothing is free, especially your time.

Primary Test Subject • SmackTalker Elite
KIller Wabbit
MEME Thoughts
#84 - 2014-03-24 21:05:21 UTC
Marcus Iunius Brutus wrote:
Yes, there are people who produce unprofitable goods in EVE, probably for one of two reasons:
- to build something by themselves - it gives a sense of accomplishment and I can fully understand it,
- because they have no idea they are losing ISK.

In any case I don't understand producers who hate them, MIMAF people just play the game their way.
When an item in my spreadsheet shows negative ISK/hour I move on and produce something else.


Because eventually their stupidity pollutes the entire market?
March rabbit
Aliastra
Gallente Federation
#85 - 2014-03-24 21:09:07 UTC
KIller Wabbit wrote:
Marcus Iunius Brutus wrote:
Yes, there are people who produce unprofitable goods in EVE, probably for one of two reasons:
- to build something by themselves - it gives a sense of accomplishment and I can fully understand it,
- because they have no idea they are losing ISK.

In any case I don't understand producers who hate them, MIMAF people just play the game their way.
When an item in my spreadsheet shows negative ISK/hour I move on and produce something else.


Because eventually their stupidity pollutes the entire market?

failing to compete with stupid people tells a lot about you

The Mittani: "the inappropriate drunked joke"
45thtiger 0109
Pan-Intergalatic Business Community
#86 - 2014-03-24 23:52:13 UTC
CCP Falcon wrote:
Minerals that are free are mine.



Well said CCP Falcon LolCoolPirate

**You Have to take the good with the bad and the bad with the good.

Welcome to EvE OnLiNe**
Hasikan Miallok
Republic University
Minmatar Republic
#87 - 2014-03-25 00:04:51 UTC
Katran Luftschreck wrote:
Hir Miriel wrote:
Value is assigned by players.

To one what is valuable is worth nothing to another.


This is very true. I bought an assault frigate once... then I remembered that I don't PvP. The phrase "mothball" came to apply very quickly, as I couldn't find any real use for the poor thing.



You can run IVs in assault frigates if you have a few of them.
Adunh Slavy
#88 - 2014-03-25 00:53:45 UTC  |  Edited by: Adunh Slavy
What's the opportunity cost of hiring an accountant?

Not having to explain opportunity cost to an accountant.


A guy is driving down the road and passes an orchard

He sees a farmer holding up a pig so that it can gobble apples right off the tree. The pig is going crazy eating apples.

"That’s the craziest thing I ever saw," the driver tells himself and he pulls over to the side of the road, gets out of the car, and goes up to the farmer.

"Hey, I couldn't help noticing what you were doing. Does your pig like apples?"

The farmer says, "My pig loves apples."

"Well, if you don't mind my saying so, if you took a stick and knocked the apples on the ground instead of lifting the pig up, you would save lots of time."

The farmer answers, "What’s time to a pig?"

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt
Bedwyr McNobbler
Republic Military School
Minmatar Republic
#89 - 2014-03-26 09:55:37 UTC
KIller Wabbit wrote:
Marcus Iunius Brutus wrote:
Yes, there are people who produce unprofitable goods in EVE, probably for one of two reasons:
- to build something by themselves - it gives a sense of accomplishment and I can fully understand it,
- because they have no idea they are losing ISK.

In any case I don't understand producers who hate them, MIMAF people just play the game their way.
When an item in my spreadsheet shows negative ISK/hour I move on and produce something else.


Because eventually their stupidity pollutes the entire market?


Grrr Minerz!
Gregor Parud
Imperial Academy
#90 - 2014-03-26 10:06:29 UTC
"People are low IQ moronic inbreds". Thanks for telling us OP, we hadn't figured that out just yet.
Toshiroma McDiesel
Lupus Draconis
The Lost Drone Society
#91 - 2014-03-26 13:29:03 UTC
So, what is the cost of one mined unit of Trit?

I"m not really the Evil One, I'm just his answering service.
Tippia
Sunshine and Lollipops
#92 - 2014-03-26 13:39:20 UTC
Toshiroma McDiesel wrote:
So, what is the cost of one mined unit of Trit?

Roughly one millisecond.
Hasikan Miallok
Republic University
Minmatar Republic
#93 - 2014-03-26 14:51:07 UTC
Toshiroma McDiesel wrote:
So, what is the cost of one mined unit of Trit?


you get a free one every time your podded and dock at a station where you have no other ships

that makes trit free doesnt it?
Toshiroma McDiesel
Lupus Draconis
The Lost Drone Society
#94 - 2014-03-26 19:04:28 UTC  |  Edited by: Toshiroma McDiesel
Tippia wrote:
Toshiroma McDiesel wrote:
So, what is the cost of one mined unit of Trit?

Roughly one millisecond.



Hmm...using that, and basing it off of a PLEX @ 650mil for 30 days, that makes the cost of one mined trit at .25 isk each. Now I just need to see how long it actually takes me to mine one unit of trit, and calculate using that time. Lol


Edit : That was pretty close, using the ISK per Hour program to calculate my mining rate (and it looked about right) I came up with .18 isk per trit, still using 650mil per PLEX as a baseline.

I"m not really the Evil One, I'm just his answering service.
Soldarius
Dreddit
Test Alliance Please Ignore
#95 - 2014-03-26 19:52:53 UTC
You can also solo Incursion scout sites in an AF. They're pretty decent.

http://youtu.be/YVkUvmDQ3HY
Recury en Distel
en Distel Family
#96 - 2014-03-26 19:57:53 UTC
BoBoZoBo wrote:
TL:DR - Nothing is free, especially your time.


Minerals I afkmine are free.
Tippia
Sunshine and Lollipops
#97 - 2014-03-26 20:03:00 UTC
Toshiroma McDiesel wrote:
Hmm...using that, and basing it off of a PLEX @ 650mil for 30 days, that makes the cost of one mined trit at .25 isk each. Now I just need to see how long it actually takes me to mine one unit of trit, and calculate using that time. Lol

Edit : That was pretty close, using the ISK per Hour program to calculate my mining rate (and it looked about right) I came up with .18 isk per trit, still using 650mil per PLEX as a baseline.

Are you using 24h/day for that calculation, or a more sane 2–3h?
BoBoZoBo
MGroup9
#98 - 2014-03-26 20:14:15 UTC  |  Edited by: BoBoZoBo
Recury en Distel wrote:
BoBoZoBo wrote:
TL:DR - Nothing is free, especially your time.


Minerals I afkmine are free.


Minerals you mine in a ship with mods and possibly implants. Hell, even if you got that for free and had it all destroyed and podded it would still take you time to get all that back together to AFK mine again, plus the time your AFK ass was doing nothing out in space.

Nothing is free.

Primary Test Subject • SmackTalker Elite
Doppleganger
Federated Holdings
#99 - 2014-03-26 21:06:16 UTC
Time isnt free yet when friends and relatives ask me if I have any free time I seem to answer "yes" more often then not.
Abla Tive
#100 - 2014-03-26 22:23:35 UTC
My account in EvE isn't free, it costs me a few bucks every month.
Hence everything inside the game has a negative value.

The minerals I get from mining have no value outside of the game.

Therefore, minerals I mine could easily be worth less than nothing.

In fact, being free would be an upper bound on their value.