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Jita: Live Market Update - Skill Injector Prices Crashing

Author
Kalgeroth
Doomheim
#1 - 2016-02-09 12:54:52 UTC
Greetings fellow spaceship pilots!

I bring you news from the Jita system, 4-4 station.

Skill Injectors are currently on a sharp downward price trajectory as ISK hungry players extract their unwanted mining skillpoints and place them on the market. The flood of sell orders has not been matched, initially at least, with buyers. Cool

This has resulted in prices falling from 1.5bn to (at the time of writing) 630m. In other words, it is rapidly becoming a buyers market as people dump spare SP and seek a quick profit. Attention

But here's the thing: these buying conditions can only happen once. You can't extract unwanted SP a second time. The initial flood will become a trickle. Will supply and demand then rebalance? Can immediate demand be satisfied by the slow trickle of SP from alts? Question

What will happen next to Skill Injector prices? Reports from Amarr suggest an upward trajectory after bottoming out at 680m, then rising to 730m. Shocked

Stay tuned for more Jita Market Updates. Oops
Kalgeroth
Doomheim
#2 - 2016-02-09 13:15:46 UTC
Update: Injector prices are now RISING, up 10% in the last 15 minutes to 660m Shocked

PLEX prices are going through the roof. Up to 1.35bn now Cry

It's market carnage
Malcolm from Marketing
Klaatu Technologies
#3 - 2016-02-09 13:16:52 UTC
Its not carnage if you planned well in advance and put your money on the right horse Blink
Kalgeroth
Doomheim
#4 - 2016-02-09 13:22:26 UTC
Update: This is a rollercoaster Lol

Injector prices are now soaring upwards again. Rising another 15% to 730m. Pirate

Meanwhile, in Amarr, prices are crashing to 660m as initial oversupply floods the local market Shocked

What will happen when primetime hits? The only certainty is this incredible volatity Bear

Chasida
Instant Annihilation
#5 - 2016-02-09 13:25:40 UTC  |  Edited by: Chasida
What is the price on empty Skill Extractors?
baltec1
Bat Country
Pandemic Horde
#6 - 2016-02-09 13:28:00 UTC
Looking forwards to this bubble.
Syna Anima
SYNDAX CORPORATION
#7 - 2016-02-09 13:30:09 UTC
Nice thread, what are the current buy/sell PLEX prices in Jita?

EVE central has NONE on market... wtf?

https://eve-central.com/home/quicklook.html?typeid=29668
Kalgeroth
Doomheim
#8 - 2016-02-09 13:38:35 UTC
PLEX prices are currently 1.30bn Attention

Skill Extractors have currently stabilized in the Jita market at 330m Cool

Skill Extractors should eventually sell for a simple AUR->ISK conversion, as they are not supply limited unlike trained SP.

Skill injectors are still incredibly volatile, moving between 700-750m in both Jita and Amarr in rapid price movements. Idea

Volumes for sale are however low. In the whole of Jita there are perhaps less than 100 skill injectors for sale. It won't take much for prices to soar upwards.Oops
Nana Skalski
Taisaanat Kotei
EDENCOM DEFENSIVE INITIATIVE
#9 - 2016-02-09 13:48:43 UTC
Kalgeroth
Doomheim
#10 - 2016-02-09 13:48:57 UTC  |  Edited by: Kalgeroth
UPDATE: VAST quantities of Skill Extractors are being traded. The price in Amarr rocketed up to 380m after over 400 were purchased in a few minutes. X

Meanwhile, Skill Injectors are being traded at lower volume.

Less than 10 Skill Injectors are on the market in Amarr at the time of writing - it will take only a few transactions to sent prices soaring again. Ugh

Or are all those purchased extractors being filled? Will the market soon be flooded with Skill Injectors? Stay tuned to find out Idea
Anyura
Imperial Academy
Amarr Empire
#11 - 2016-02-09 13:52:03 UTC
It's when we start seeing people injecting Trade skills that things get really interesting.....P
Nuclear Nut Zack
Aliastra
Gallente Federation
#12 - 2016-02-09 14:05:01 UTC
Kalgeroth wrote:
But here's the thing: these buying conditions can only happen once. You can't extract unwanted SP a second time.

Unless of course you don't need any more SP, in which case you can extract unwanted SP every couple weeks.
Kalgeroth
Doomheim
#13 - 2016-02-09 14:09:59 UTC
Nuclear Nut Zack wrote:
Kalgeroth wrote:
But here's the thing: these buying conditions can only happen once. You can't extract unwanted SP a second time.

Unless of course you don't need any more SP, in which case you can extract unwanted SP every couple weeks.


Exactly my friend - a trickle, not a flood. What price impatience and immediate SP gained? Twisted

Current Market Update: lower levels of availability on Injectors continue to drive price volatility, with prices hovering around the 700m mark in Jita and Amarr Cool

Skill Extractors are far more numerous in volume. There is the possibility of over-supply and a price crash if the number coming to market continues to increase. Attention



Nuclear Nut Zack
Aliastra
Gallente Federation
#14 - 2016-02-09 14:17:11 UTC
Keep in mind that the majority of Eve players haven't even logged in yet since the patch, so there's likely to be a constant flow of injectors for the next few days as people log in and try to sell SP.
Kalgeroth
Doomheim
#15 - 2016-02-09 14:21:08 UTC  |  Edited by: Kalgeroth
Nuclear Nut Zack wrote:
Keep in mind that the majority of Eve players haven't even logged in yet since the patch, so there's likely to be a constant flow of injectors for the next few days as people log in and try to sell SP.


I have underlined the part we both agree on.

Cool

I personally expect prices to climb more steeply around the 2-3 week mark, before SP farming alts come fully online and demand for immediate skill gains outstrips supply. Smile
Lasisha Mishi
A Blessed Bean
Pandemic Horde
#16 - 2016-02-09 14:21:54 UTC
west coast is now waking up

influx of plex/ extractor/ injector expected in the next 2 hours. and then again in the next 9.5 hours(aka when working people get off work on west coast US)
Kalgeroth
Doomheim
#17 - 2016-02-09 14:27:39 UTC
Lasisha Mishi wrote:
west coast is now waking up

influx of plex/ extractor/ injector expected in the next 2 hours. and then again in the next 9.5 hours(aka when working people get off work on west coast US)


You are right Cool

Skill Injector prices in Jita are now down 20% in the last 30 minutes, to 650m each. X

Some may see this is a good buying opportunity. Others may wish to hope for a further drop. The only thing for sure, is that none of us know where these prices will end up. Attention
Vincent Athena
Photosynth
#18 - 2016-02-09 14:34:04 UTC
At present prices of injectors and extractors: Eve is now Free to Play.

Train skill.
Buy extractor from the market, with ISK.
Fill extractor
Sell extractor.
Repeat 4 times a month
Result: Sufficient ISK profit to get a PLEX.

Know a Frozen fan? Check this out

Frozen fanfiction

Lan Wang
Princess Aiko Hold My Hand
Safety. Net
#19 - 2016-02-09 14:36:45 UTC
Vincent Athena wrote:
At present prices of injectors and extractors: Eve is now Free to Play.

Train skill.
Buy extractor from the market, with ISK.
Fill extractor
Sell extractor.
Repeat 4 times a month
Result: Sufficient ISK profit to get a PLEX.


So pretty much like any isk making activity in eve?

Domination Nephilim - Angel Cartel

Calm down miner. As you pointed out, people think they can get away with stuff they would not in rl... Like for example illegal mining... - Ima Wreckyou*

Indahmawar Fazmarai
#20 - 2016-02-09 14:36:50 UTC
Placed a few orders... nothign extravagant, less than 10 million ISK in lost fees if they fail.
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