Market Discussions

At the recently announced price...I doubt you can.

Lets crush some numbers about SP farming for ISK,

According to my understanding of the process, as far as the numbers are atm, this is not a viable option unless you fuel your SP farming account with an other toon either with ISK or USD to pay for the sub fees.

Proof (?):

Assuming:

- today's approximative market data are used for calculation purposes
- Plex pruchase price is almost equal to Plex selling price (average between sell and buy order)
- SP extractor pruchase price is almost equal to SP Extractor selling price (average between sell and buy order)
- SP injector pruchase price is almost equal to SP Injector selling price (average between sell and buy order)
- Annual sub. Fees
- Extractor are purchased in bundle with NO special promo 10 extractor = 10 000 AUR
- Assuming the ISK value of extractor are given by the AUR cost at 800 AUR, we can calculate the ISK value of SP Extractor at 1000 AUR (assuming 300M ISK / 800 AUR)
- all training is done with +5 / +5 implant and maximal remap (2700 SP/h / 24h / 30 days)
- CCP bills annual sub on a 360 days rotation
- the SP farming toon is over 5,5M SP
- Skill extractor extract 500K SP per run

Data:

Plex ISK value...............1270.........M ISK
Montly sub. Fees............10.95.......USD
SP Extractor AUR Value1000........AUR
SP Extractor ISK Value...375.........M ISK.........(300 M ISK market value if purchased at 800 AUR)
SP Injector ISK Value......660.........M ISK

We know that:
- 1 month of training = 10.95USD = 1 PLEX = 3500 AUR = 1270 M ISK = 1944M SP

Calculations - AUR approach:

- on year base we find that:
i can learn :........................................................2700 SP/h x 24h x 360 days...............= 23328000 SP
To extract all the SP in 1 year i need:..............Euclidean division (23328000 / 500K).= 46................extractors
To purchase all extractors needed, i must get:46 extractors x 1000 AUR / extractor..= 46000.........AUR
To get all the AUR needed, i must get:.............46 000 AUR / 3500 AUR/PLEX ..........= 13.14..........PLEX (14 rounded up)
To fuel learning alt, sub fees paied:.................12 months x 1 PLEX/month ................= 12...............PLEX

- wich lead us :
i need to purchase..........................................................................................................= 26................Plex
each plex cost 1270M ISK.................................26 PLEX x 1270M ISK........................= -33020.........M ISK
I'ill sell the injectors at 660M ISK........................46 injectors x 660M ISK......................= 30360.........M ISK

.....................................................................................................................Total income:......-2660.........M ISK / year

Calculations - ISK approach:

- on year base we find that:
i can learn :.......................................................2700 SP/h x 24h x 360 days................= 23328000........SP
To extract all the SP i can in 1 year i need:.....Euclidean division (23328000 / 500K)..= 46...................extractors
To purchase all extractors needed, i must get:46 extractors x 375 M ISK / extractor..= 17250............M ISK
To fuel learning alt, sub fees paied:.................12 months x 1 PLEX/month..................= 12.................PLEX

- wich lead us :
i need to purchase...........................................................................................................= 12.................Plex
each plex cost 1270M ISK...............................12 PLEX x 1270M ISK..........................= -15240...........M ISK
Purchased extractors.....................................................................................................= -17250...........M ISK
I'ill sell the injectors at 660M ISK......................46 injectors x 660M ISK.......................= 30360............M ISK

.................................................................................................................. Total income:......-2130.............M ISK / year

In conclusion, it is not a profitable operation since you must fuel the farming account with approximatively 2200M ISK per year. Did i miss something? Is my undersatnading of the situation correct?

According to calculation, as soon as the ISK value of SP injectors reach approximatively 720 M ISK, the SP farming operation breaks even ISK-wise, assuming the ISK value of PLEX doenst increase. After few simulations, from this point, if the ISK value of PLEX, injector and extractors increase at the same rate, the operation will always breaks even.

That would be me. I have an unfocused older character with 40 million SPs.

I have a dilemma though. I need 69 extractors at a cost of ~20 billion ISK (~300 million/Extractor) if I want to extract 34.5 million SPs out of that alt. Trying to determine if I can be happy with using half of the points for this character and selling off the other half. Preferrably I'd love to keep them all and I can afford to spend ~20 billion, but parting with that much at once isn't easy.

It's a big price tag, using the SPs on yourself, so hard to say how many would do it.

Ruvin is spot on. But people are realising this and the time of bargains in the Character Bazaar has passed.

I personally have made over 100bn ISK in pure profit in the last two days, due to exactly what Ruvin described. I started buying undervalued characters a few months ago.

I didn't care what they were trained in, it was a pure ISK to SP conversion ratio that I was interested in. Got some great bargains.

Now the good times are over, but for those of us who speculated and bought up terrible characters with lots of SP cheaply, the last few days have been an absolute bonanza.

I can now afford a titan AND a titan sitting alt, all from the pure profit of c.70bn total investment (characters and plex from the market to convert to AUR to get the extractors).

I still keep an eye on the character sell forum, but the good times are over. You might get a bit of profit if you're lucky.

but plex is 3500 aur , so 3 plex is 9500 aur. so its 2.5 plex for 10 extractors.


10 extractors are 3b.
2.5 plex is 1250 + 1250 +625 3.1b.

were is the profit ?

he said : buy plax transfor to AUR but x10 ext sell = profit
i dont see profit there . he starts with 3.2 ends up with 3 .


As for your math, thats ideal scenario with plex cost of what 1250 ? also there is broker fee and i think some other small costs that add up. To consider something worth it i would want atleast a few % of profits .... 650 670 with current prices would be acceptable .

You buy 16 plex (current price: 20bn)
You convert to AUR
You get 70 extractors

You sell the extractors for 21bn.

1bn instant profit. Take about 5 minutes.

Character bazaar will die. First the prices in bazaar will adjust to skill injector prices in game and after that it just dies. Why? Because there is absolutely no reason for buying character which name and history you cannot touch.

the price will be a lot "worse for the buyers"
Focused chars are less meaningfull.

But dont forget diminushing returns, those can keep the bazaar competitive as an alternative.