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Dev blog: Mineral Trade in the Wake of the Battle of B-R5RB (Price Ind

First post First post
Author
Knug LiDi
The Dark Space Initiative
Scary Wormhole People
#21 - 2014-03-26 00:53:09 UTC
Meytal wrote:
So, any progress in suppressing the out-of-control ISK faucets that cause PLEX prices to be continually out of whack compared to the rest of the market?

What makes you so sure is it ISK faucets that are the cause? I suspect that it is the reduction in supply of PLEX that is affecting its price.

If only we could fall into a woman's arms

without falling into her hands

Kevin Emoto
No Code of Conduct
Fluffeh Bunneh Murder Squad
#22 - 2014-03-26 01:41:08 UTC
This doesn't speak to the strength of the eve market, or so-called 'out-of-control isk faucets'.

This simply speaks to the ruthless effectiveness of macro miners.

CCP, enough rubbing your rhubarb in the flicker of the international gaming press, what are you doing about the macro mining problem in eve? (Not to mention macro ratting, FW plex bots....and their ilk)
TheSmokingHertog
Julia's Interstellar Trade Emperium
#23 - 2014-03-26 03:11:50 UTC
Billy Hix wrote:
Avvalina wrote:
So all that mayhem was absorbed in a matter of days to weeks.


There are HUGE amounts of 'stuff' in storage throughout New Eden that people can't be bothered sorting out and shipping, however when the price shoots up they suddenly put in the effort for the extra profit.

As this was a one off event the minerals pulled out of storage quickly managed to balance the market.


If that's true, realize how much still is in storage all over, or how quick the general consensus reacts to prizes, to get such a rapid stabilization.

"Dogma is kind of like quantum physics, observing the dogma state will change it." ~ CCP Prism X

"Schrödinger's Missile. I dig it." ~ Makari Aeron

-= "Brain in a Box on Singularity" - April 2015 =-

Frightened Kitten
Federal Navy Academy
Gallente Federation
#24 - 2014-03-26 04:58:41 UTC  |  Edited by: Frightened Kitten
TheSmokingHertog wrote:
If that's true, realize how much still is in storage all over, or how quick the general consensus reacts to prizes, to get such a rapid stabilization.


general consensus = collective consciousness..?

(can a consensus, being a state, be understood to 'react' to something or only be affected by it?)

Just curious if there are any English scholars up in this &$%*@, because I'm curious.
Oxide Ammar
#25 - 2014-03-26 06:17:24 UTC
I bet you all that reprocessing nerf wasn't on radar at all till BR fight occurred and how they found the market absorbed this fight in days, we either need like BR battles every week to really affect the market or the reprocess changes. Apparently CCP choose the latter.

Looking forward to see reports like this after battles big enough like BR after the reprocessing changes become online.

Lady Areola Fappington:  Solo PVP isn't dead!  You just need to make sure you have your booster, remote rep, cyno, and emergency Falcon alts logged in and ready before you do any solo PVPing.

Odoya
Aeon Abraxas
#26 - 2014-03-26 06:58:09 UTC
Are some of these terms defined elsewhere? e.g., primary / secondary producers? great info!
Baneken
Arctic Light Inc.
Arctic Light
#27 - 2014-03-26 08:27:23 UTC
So what the graphs show is that the industrial side of large alliances work like a well oiled machine Question
CCP Recurve
C C P
C C P Alliance
#28 - 2014-03-26 10:57:32 UTC
Odoya wrote:
Are some of these terms defined elsewhere? e.g., primary / secondary producers? great info!


There are brief descriptions of what goes in which index on this page.
Jadec Ornulf
Sebiestor Tribe
Minmatar Republic
#29 - 2014-03-26 11:21:40 UTC
Keep in Mind that this was also patch day and people were building their Nestors
Superform
Caldari Provisions
Caldari State
#30 - 2014-03-26 11:51:55 UTC
your doing it wrong if you think a capital fight no matter how large will effect mineral prices on its own,

production of capitals wasn't at a standstill before this fight - capital production is always full speed ahead..

most of this price increase was speculators thinking mineral prices would rise.

I bet if you looked into it 80% of minerals would be used in sub cap production and since there is a limit on how many sub caps normally fight at a time there will never be a sub cap fight large enough to create a blip in mineral prices
mynnna
State War Academy
Caldari State
#31 - 2014-03-26 11:56:27 UTC
Jadec Ornulf wrote:
Keep in Mind that this was also patch day and people were building their Nestors

Drop in the bucket.

Superform is probably right, the majority of this would have been speculative rather than actual consumption. What I want to see is stats on the Tritanium consumption for the same period of time. Blink

Member of the Goonswarm Economic Warfare Cabal

Meytal
Doomheim
#32 - 2014-03-26 12:59:04 UTC
mynnna wrote:
Jadec Ornulf wrote:
Keep in Mind that this was also patch day and people were building their Nestors

Drop in the bucket.

Superform is probably right, the majority of this would have been speculative rather than actual consumption. What I want to see is stats on the Tritanium consumption for the same period of time. Blink

This. What are the numbers for minerals/ice/gas "created" (mined, reprocessed, whatever) compared to the minerals/ice/gas "destroyed" (manufactured, blown up, whatever) over a given period of time? And what about the same thing for ISK and say the top five LP corps?
Mobins
Sebiestor Tribe
Minmatar Republic
#33 - 2014-03-26 13:27:40 UTC
War is always lucrative, market-wise.
Bagrat Skalski
Koinuun Kotei
#34 - 2014-03-26 17:15:55 UTC  |  Edited by: Bagrat Skalski
Real world value of virtual ships? Surely you meant real ships or virtual world value. I will go with real ships in real EVE.
Desimus Maximus
Deep Core Mining Inc.
Caldari State
#35 - 2014-03-26 18:02:41 UTC
Meanwhile, prices of minerals remain the same.. while PLEX is nearing 1 Billion ISK per.

Looks like CCP has adopted the post-recession American economic model... Work twice as hard for half the reward.
Shampka
#36 - 2014-03-26 18:06:13 UTC
Double Oh Mosquito wrote:
Here is an idea... Get rid of PLEX completely; Go to work and pay for your subscription like all hard working individuals? Just a thought...



I support this notion.

PLEX is an interesting phenomenon and I think they probably have gone so far that they can't really take it back though, it probably generates interesting injections of real life cash into CCP, however, the original concept is probably long lost.

Get rid of PLEX. It ruin's noobs experiences as well.

....

The market spike is interesting data... but not as interesting as talking about PLEX

Surely, there's no way your in game character represents anything about your real life self.

Anton Knoffield
Tribal Liberation Force
Minmatar Republic
#37 - 2014-03-27 03:41:25 UTC
I have tons of things just sitting in storage... I know I capped on the bounce however brief it was lived -

CCP should think of a ISK task system so folks that have a tiered amount of isk pay X in taxes each month... that would definitely reclaim some of the ISK floating around from those that have the most getting it sapped away.
Pretend
Ephemeral Effort
#38 - 2014-03-27 04:13:47 UTC
Shampka wrote:
Double Oh Mosquito wrote:
Here is an idea... Get rid of PLEX completely; Go to work and pay for your subscription like all hard working individuals? Just a thought...



I support this notion.

PLEX is an interesting phenomenon and I think they probably have gone so far that they can't really take it back though, it probably generates interesting injections of real life cash into CCP, however, the original concept is probably long lost.

Get rid of PLEX. It ruin's noobs experiences as well.

....

The market spike is interesting data... but not as interesting as talking about PLEX


No way! Casual gamers like me rely on PLEX to buy all the nice crap we want to fly. I spend my time grinding real life money which is worth far more than silly in game ISK. That allows me to buy a PLEX, or three, anytime I want and sell it to those that like playing the game for a living and use PLEX to pay for thier subscriptions.

You can be one of those that argue, "ISK is so easy to make, you are doing it wrong", sure, but the amount of time those people play missioning, ratting, mining, exploring, or sitting in markets for seemingly hours upon hours a day is not appealing to me. Sure, we all do some of that, but for fun and to hang out with friends. Plus, I don't want 3+ accounts to get all of that crap done. It makes the game a job.
Rishian Delmater
Center for Advanced Studies
Gallente Federation
#39 - 2014-03-27 05:12:37 UTC
Pretend wrote:
Shampka wrote:
Double Oh Mosquito wrote:
Here is an idea... Get rid of PLEX completely; Go to work and pay for your subscription like all hard working individuals? Just a thought...



I support this notion.

PLEX is an interesting phenomenon and I think they probably have gone so far that they can't really take it back though, it probably generates interesting injections of real life cash into CCP, however, the original concept is probably long lost.

Get rid of PLEX. It ruin's noobs experiences as well.

....

The market spike is interesting data... but not as interesting as talking about PLEX


No way! Casual gamers like me rely on PLEX to buy all the nice crap we want to fly. I spend my time grinding real life money which is worth far more than silly in game ISK. That allows me to buy a PLEX, or three, anytime I want and sell it to those that like playing the game for a living and use PLEX to pay for thier subscriptions.

You can be one of those that argue, "ISK is so easy to make, you are doing it wrong", sure, but the amount of time those people play missioning, ratting, mining, exploring, or sitting in markets for seemingly hours upon hours a day is not appealing to me. Sure, we all do some of that, but for fun and to hang out with friends. Plus, I don't want 3+ accounts to get all of that crap done. It makes the game a job.



I agree, casual gamers pay for many of the hard core gamers. sometimes I plex and sometimes I pay just depends on if I am working that month.

As for minerals for those who don't know, minerals are moved throughout eve by way of compression. You can fit about a titan into 3 jump freighters using mostly bastion modules. fly that to null reprocess and build your parts in an Amarr station. Now ratting is more profitable than mining. You generate isk through bounties, loot and salvaging. 3 smart bombing battleships and a domi can generate 250+ mil in bounties and 150+ mil in loot and salvage per hour. At 400+ mil isk an hour rat for an hour a day that is 12 bil isk a month. I would say that more minerals come from reprocessing than actual belt mining. With the upcoming reprocessing nerf look for mineral prices to spike and mining to become more profitable.
Percival Rose
The Scope
Gallente Federation
#40 - 2014-03-27 11:32:30 UTC
Great read. This brings up some happy memories. It was definitely one of my better trading days.

Superform wrote:
most of this price increase was speculators thinking mineral prices would rise.

That part of it. In the end, value is subjective. If others believe Titanium will rise, it will. I'll gladly take advantage of that.

Do you know who's going to inherit New Eden? Arms dealers. Because everyone else is too busy killing each other.

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