These forums have been archived and are now read-only.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.
Previous page12
 

Jita prices crashing?

First post
Author
Previous Topic Next Topic
Qmamoto Kansuke
Killing with pink power
Penguins with lasorz
#21 - 2014-07-24 17:48:20 UTC  |  Edited by: Qmamoto Kansuke
Prepare your wallets for the most massive market crash in history ladies n gents.Keep your stuff in isk.Most of the stuff that is being manufactured is going down least -50% if not more in some rare cases.

Edit i wouldn't wanna be t2 bpo owner nowLol
Cerlestes
Veldspar Trading Company.
Veldspar Trading Alliance.
#22 - 2014-07-24 17:58:48 UTC  |  Edited by: Cerlestes
Steve Ronuken wrote:

perfect refine, in a 50% station is approximately equal to what was perfect.

Perfect refine in a 60% station is approximately 20% higher.


Can you please elaborate? In a fully upgraded outpost I'm getting 114% of the previous maximum refine rate. Together with the 38% increase in mineral output per reprocessed unit, that means a huge increase to the potential outcome.

Edit: The argument about refining loot is valid though. I haven't thought about that.
Tau Cabalander
Retirement Retreat
Working Stiffs
#23 - 2014-07-24 18:09:18 UTC
Qmamoto Kansuke wrote:
Prepare your wallets for the most massive market crash in history ladies n gents.Keep your stuff in isk.Most of the stuff that is being manufactured is going down least -50% if not more in some rare cases.

Edit i wouldn't wanna be t2 bpo owner nowLol

Erm... when I checked this morning, the vast majority of T2 items I looked at were holding or still rising.

Only one item surprisingly nosedived, which was fortunate because i didn't invest in any, but unfortunate because it was historically one of my best selling items to manufacture.
Qmamoto Kansuke
Killing with pink power
Penguins with lasorz
#24 - 2014-07-24 21:02:06 UTC
Tau Cabalander wrote:
Qmamoto Kansuke wrote:
Prepare your wallets for the most massive market crash in history ladies n gents.Keep your stuff in isk.Most of the stuff that is being manufactured is going down least -50% if not more in some rare cases.

Edit i wouldn't wanna be t2 bpo owner nowLol

Erm... when I checked this morning, the vast majority of T2 items I looked at were holding or still rising.

Only one item surprisingly nosedived, which was fortunate because i didn't invest in any, but unfortunate because it was historically one of my best selling items to manufacture.




they are only rising or holding because people don't want to crash the market.People are different though I've seen many who dump as fast possible for suitable average margin.You don't have to be genius to figure that past margins are going to get even smaller as we move on.
Steve Ronuken
Fuzzwork Enterprises
Vote Steve Ronuken for CSM
#25 - 2014-07-24 21:16:51 UTC
Cerlestes wrote:
Steve Ronuken wrote:

perfect refine, in a 50% station is approximately equal to what was perfect.

Perfect refine in a 60% station is approximately 20% higher.


Can you please elaborate? In a fully upgraded outpost I'm getting 114% of the previous maximum refine rate. Together with the 38% increase in mineral output per reprocessed unit, that means a huge increase to the potential outcome.

Edit: The argument about refining loot is valid though. I haven't thought about that.



Refining formula is:

Station percentage * (1 +(reprocessing *0.03)) * (1 +(reprocessing efficiency *0.02)) * (1 +(Ore Skill *0.02)) * (1+ implant percentage)


In a highsec station, that works out at 72.36%

In a fully upgraded Minmatar refinery, it works out at 86.83%

That's 20% more (multiply 72.36 by 1.2, and you get about 86.83)

(Or you could see that the only difference is the station percentage being 20% higher.)

Now, yes, mineral yield has been raised by around 38%.

138*0.7236 = 99.86 (that 38% isn't quite right. so it's a little higher)

So, you get, at max skill, the same quantity of minerals out in highsec stations, and 120% in a Minmatar refinery.

(You can get a 4 ish percent boost by using a refining array in highsec.)

Woo! CSM XI!

Fuzzwork Enterprises

Twitter: @fuzzysteve on Twitter
Sienna Toth
Pulsar Phisics Shipyards
#26 - 2014-07-25 00:38:59 UTC
Jarnis McPieksu wrote:
Cerlestes wrote:
Mineral prices are dropping because the refining yield has been increased by 38.1% across the board for all ores and ices. In combination with the now possible 114% refine rate, this allows perfectly skilled refiners with a perfect station to get almost 60% more minerals out of their ore - for free.

More minerals available = lower prices as demand can't catch up.


No, they are dropping because mass buys by cap/supercap builders are not happening any more. They want ore (or compressed ore). Miners need to gain Patchnotes Reading III and start selling their stuff as ore to get better ISK out of it.

Once this happens minerals will find the happy middle ground - if they rise too high, people buy some ore and refine it to sell. Only buyers are small time producers in high sec so big volumes will move to raw ore.



Simply there are 2 market factors at work:
1- It costs allot more now to build anything and the buy prices are far below the build costs. Demand for Goo and Minerals is going into the crapper for the foreseeable future.
2- CRIUS did away with slots and this allowed Corps to consolidate POS arrays. Many Corps are shutting down POS towers to save the 500M fuel build costs. This will drive the ICE and PI markets into the crapper.

Bottom Line ---- WAY TO GO CCP YOU ENGINEERED AN ECONOMIC TRAINWRECK
Christopher Mabata
Northern Accounts and Systems
#27 - 2014-07-25 01:57:12 UTC
This happens everytime theres something to cause speculation such as this, goons declare an ice interdiction and prices jump, burn jita happens and freighters and jump freighters become more costly. Give it a month or two and prices will settle once again as people re-stoke the fires of industy and the T2 starts a flowing

♣ Small Gang PVP, Large Fleet PVP, Black Ops, Incursions, Trade, and Industry ♣ 70% Lethal / 30% Super-Snuggly / 110% No idea what im doing ♣

This Message Brought to you by a sweet and sour bittervet
Tau Cabalander
Retirement Retreat
Working Stiffs
#28 - 2014-07-25 18:41:55 UTC
Quick update:

My manufacturing costs have so far increased 5%, and I've not spun-up most of my lines yet (<10%).

Most of my BPOs are stuck in pre-Crius research to ME -10% for a month. I was really upset to notice that my Rorqual BPO was in TE research, likely a mis-click, so it is only ME -9%, not that anyone cares about a Rorqual these days.

I suspect other producers may be in a similar situation with last-minute pre-Crius BPO job submissions.

I expect prices to rise as consumers are made to bear the increases. I can't see producers accepting reduced margins of this magnitude.

I earned a healthy 1b last evening. Market demand is surprisingly high.
Zappity
New Eden Tank Testing Services
#29 - 2014-07-26 05:49:13 UTC  |  Edited by: Zappity
Qmamoto Kansuke wrote:
Tau Cabalander wrote:
Qmamoto Kansuke wrote:
Prepare your wallets for the most massive market crash in history ladies n gents.Keep your stuff in isk.Most of the stuff that is being manufactured is going down least -50% if not more in some rare cases.

Edit i wouldn't wanna be t2 bpo owner nowLol

Erm... when I checked this morning, the vast majority of T2 items I looked at were holding or still rising.

Only one item surprisingly nosedived, which was fortunate because i didn't invest in any, but unfortunate because it was historically one of my best selling items to manufacture.




they are only rising or holding because people don't want to crash the market.People are different though I've seen many who dump as fast possible for suitable average margin.You don't have to be genius to figure that past margins are going to get even smaller as we move on.

Well I just made 67% on the T2 inventory I stockpiled pre-patch. People are playing silly buggers with the markets. It is good!

Zappity's Adventures for a taste of lowsec and nullsec.
Previous page12