Market Discussions

With T2 prices stabilizing. How much did you lose on your T2 bpo's?

Ibfr the usualy whinies: The once you bought between 5 years ago and 2 months ago? (and ofc the resellers with hugh stocks)

wow.. i was tempted to jump on some but damn. sorry about your loss.

I assumed she was talking about opportunity cost. Although measuring opportunity cost using 20/20 hindsight is not necessarily meaningful i suppose.

It's an equity loss. If you bought a T2 BPO two years ago for 100bil, that same BPO is maybe worth 10-20bil now in terms of recouping your cost. So the net equity loss of the BPO would be 80-90 bil ISK in just that one BPO. Sure, you're still making revenue off of it, but the reason T2 BPOs were desirable is that they held their value and provided consistent income.

Now, especially with the recent invention changes announced (with crit successes), the "profitability value" of T2 BPOs will fall even further.

Basically- unless you're a collector that thinks it's cool to have T2 BPOs, you're pretty much hosed as they are just going to continue to lose value. Even selling them now is dicey because of the announced invention changes (unless you can offload them to someone who doesn't read the forums, where CCP effectively said they want to phase out T2 BPOs).

Dude, what the...

Ontopic, are people dumping their BPOs?

I'd just like to point out that if someone lost 100b on their T2 BPO collection it was probably worth a couple hundred billion anyway. No big deal for most I'd guess. It's only a game in the end :).

I do not own a T2 bpo, have no idea what nerfs have hit them recently but when I joined EVE 5 years ago and looked at the going rates for those bpo's I realized quickly that they were way overpriced back then and you'd have to spend a LOT of time and effort to break even. Given that stuff tends to change in MMO's in general, the investment never seemed worth it to me.

It's too early to tell.

On one side, I'd expect to take at least a 200B haircut if I tried to part with my T2 BPO collection right now.

On the other side, the profitability of my collection is up 250% on pre-crius.

CCP Greyscale had the odd philosophy of ignoring T2 BPOs for the purpose of BPO balancing, so he ended up massively buffing some T2 BPOs and massively nerfing others. As a result of this, invention got nerfed into the ground on some items. A strange thing to do, particularly since it was directly at odds with their stated aims.

Before Crius it would have been perfectly viable for CCP to follow a sensible plan of iterating invention to make it not awful and balancing all the T2 end products so that there aren't any dud items that nobody uses. This would have made T2 BPOs a non-issue for inventors without actually removing or gutting them. That would be a fairly uncontroversial win-win for inventors, T2 BPO owners and CCP. It would also have been consistent with the ongoing balancing effort. But the Crius changes appear to have made this work harder and more urgent.

So either CCP Greyscale's approach is short sighted and incoherent, in that he's made his own life harder with the Crius changes, or CCP Greyscale's approach is short sighted and incoherent, in that he's planning to remove/gut T2 BPOs and face the alienation of loyal entrenched players, the dumbing down of industry and the undermining of a fairly unique and interesting part of EVE's sandbox economy. In the face of that it's hard to be optimistic, but I'm still hoping that when CCP reveal their actual plans they are better than currently expected.

For me, after the discussion at the fanfest industry panel that kicked this all off, I've had the most significant motivation to participate in EVE's industry system removed. It's not because my T2 BPO collection is in peril, but because I now have far fewer options for longer term investment of the profits generated by my activities. I've got very little motivation to make more isk than I already have, because when I ask myself the question: "What am I going to do with another XXXB isk", the answer is sadly to "Buy more PLEX" or "Add it to the big pile of idle isk". That's a lot less compelling than growing my collection of T2 BPOs.

That bothers me though, because I don't want my enjoyment and motivation in game to be dependant on the suffering of real life people.

Sure, if I ever do decide to completely quit EVE I will absolutely be liquidating everything and throwing the lot at PLEX For Good, but for now I'd rather have CCP stop persistently undermining all the limited edition content that I and others like to collect.

hahahahahahaha

holy shit