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Making mining "more profitable"
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Amarrchecko
Hedion University
Amarr Empire
#1 - 2015-05-26 16:56:43 UTC
No, this isn't a thread where some miner is asking for changes to game mechanics because he thinks it will increase the relative value of the time he spends mining. I know that mining earnings are almost totally controlled by the supply of ore and the demand for it.

What I'm curious about is whether a sizeable group of miners, market speculators, gankers, and those with political clout necessary to start large-scale PVP ever have worked together (intentionally) to tamper with supply/demand in a region. I mean, if miners keep mining but stockpile their ore, and speculators buy up ore and stockpile it as well, while gankers put extra effort towards choking off outside resources from coming into the region and towards ganking any miners still putting up sell orders... wouldn't that be fun to see?

Has this happened before? Was it successful? Or would it require too many people and too much effort to overcome the supply coming from unwilling/oblivious miners, pre-existing resource stockpiles, and inter-region traders? Or is this happening right now, and I don't even see it?


Just curious Smile
Kiddoomer
The Red Sequence
#2 - 2015-05-26 17:08:22 UTC
Not sure but Goonswarm some years ago deliberately tracked down and wrecked ice miners in Caldari space to make the price of the isotope concerned to go up, I dont remember the details though.

In the name of Jirai 'Fatal' Laitanen : “Some capsuleers claim that ECM is 'dishonorable' and 'unfair'. Jam those ones first, and kill them last.”
Minerva Arbosa
Spatial Forces
Warped Intentions
#3 - 2015-05-26 23:49:04 UTC
Yes, tampering with markets is a favorite past time of Goonswarm. It's very possible to manipulate markets, and I have seen it happen a few times.
Zifrian
The Frog Pond
Ribbit.
#4 - 2015-05-27 00:57:02 UTC
Kiddoomer wrote:
Not sure but Goonswarm some years ago deliberately tracked down and wrecked ice miners in Caldari space to make the price of the isotope concerned to go up, I dont remember the details though.

They were very successful. Did it with Gallente ice as well. The price spiked in empire for those isotopes for about a month.

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Maldiro Selkurk
Radiation Sickness
#5 - 2015-06-03 05:26:34 UTC
Watch the market closely and you will see techniques some use to manipulate markets and they never undock and are extremely effective.

I use some of them myself even though markets aren't even my thing.

Btw, no freebies on how, you have to put in your market study time if you want to be a market manipulator.

Good luck!


Yawn,  I'm right as usual. The predictability kinda gets boring really.
Kisle
Perkone
Caldari State
#6 - 2015-06-04 13:22:46 UTC
Everything is possible, but if you are going to manipulate one region from going really high on minerals, there is huge chance someone will just haul them there in freighters and sell it for profit.

Or everyone will import their own minerals from next region. But yes, the ice project was very successful, I believe the price went up like 3-4x of the other isotopes and stayed there for long time.
Nevil Oscillator
#7 - 2015-06-12 23:21:16 UTC
Space is big and in all directions, it isn't easy to monopolise a supply, as soon as it becomes valuable enough and in demand enough for someone to bother providing an item, they will.
Aza Ebanu
Brutor Tribe
Minmatar Republic
#8 - 2015-06-13 06:31:00 UTC  |  Edited by: Aza Ebanu
Amarrchecko wrote:
No, this isn't a thread where some miner is asking for changes to game mechanics because he thinks it will increase the relative value of the time he spends mining. I know that mining earnings are almost totally controlled by the supply of ore and the demand for it.

What I'm curious about is whether a sizeable group of miners, market speculators, gankers, and those with political clout necessary to start large-scale PVP ever have worked together (intentionally) to tamper with supply/demand in a region. I mean, if miners keep mining but stockpile their ore, and speculators buy up ore and stockpile it as well, while gankers put extra effort towards choking off outside resources from coming into the region and towards ganking any miners still putting up sell orders... wouldn't that be fun to see?

Has this happened before? Was it successful? Or would it require too many people and too much effort to overcome the supply coming from unwilling/oblivious miners, pre-existing resource stockpiles, and inter-region traders? Or is this happening right now, and I don't even see it?


Just curious Smile

If you can't see it, you aren't paying enough attention to the game. Just think about what you could do if you did not have to depend on the market for ships, and you sold stuff on the market all the time... How rich could you get? Every time someone destroyed one of your self made ships, you'd get insurance isk. If you blew the other guy up, and let's say he went to Jita to buy his replacement, and we had a ship on the market for sale at his price..... Would we ever lose? And if we had the numbers to pull off what Goons did several times you say?....

TL;DR: Yes it is happening all the time in EVE on a grand scale.