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Jita: Live Market Update - Skill Injector Prices Crashing
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Kalgeroth
Doomheim
#41 - 2016-02-09 17:10:40 UTC  |  Edited by: Kalgeroth
Jack Theisant wrote:
...and correct me if I'm wrong, but if one is going to "milk an ALT" (which sounds like a fun way to spend a Saturday night), you can only take them down to 5,500,000 SP, right? Because any lower, and you don't meet the minimum to use an extractor?

Or if you have +5.5 million, you can use as many as you want? Still unclear on that.


Yes, and this is why we are about to enter a huge Injector price bubble.

People will dump all their unwanted SP in the first few days, then there will be a trickle from those willing to sell SP they earn on existing chars for ~3 months before the additional SP farming alts get over 5.5m SP. In the meantime, prices are likely to go up up up. Attention
Jack Theisant
The Scope
Gallente Federation
#42 - 2016-02-09 17:11:30 UTC  |  Edited by: Jack Theisant
Roger that - thanks all.

That'll teach me to sit back and let things unfold a little more.

Bought enough aurum last night for a dozen skill extractors. Was gonna take all the SP from this character, give it to an alt and terminate this character. But this one's relatively new, too, and only has 6 million SP.

So now I'm sitting here with a pile of aurum and a bigger pile of confusion.
N00B-SAIB0T
MK Financial
#43 - 2016-02-09 17:18:10 UTC
I appreciate the updates on pricing. If you could continue to update on Extractor pricing throughout the day, that would be great. I need to buy like 67 of them to bring my alt down to 5.5 million and then biomass it. This is going to take some careful timing and observation of their pricing throughout the next few days.

What's the proper name for the Extractor? I can't seem to locate it on EVE-Central.
Berrice Silf
Academy of the Imperial Guards
#44 - 2016-02-09 17:21:28 UTC
Kalgeroth wrote:
Jack Theisant wrote:
...and correct me if I'm wrong, but if one is going to "milk an ALT" (which sounds like a fun way to spend a Saturday night), you can only take them down to 5,500,000 SP, right? Because any lower, and you don't meet the minimum to use an extractor?

Or if you have +5.5 million, you can use as many as you want? Still unclear on that.


Yes, and this is why we are about to enter a huge Injector price bubble.

People will dump all their unwanted SP in the first few days, then there will be a trickle from those willing to sell SP they earn on existing chars for ~3 months before the additional SP farming alts get over 5.5m SP. In the meantime, prices are likely to go up up up. Attention


You will find since the original blog about this people have been firing up their alts / farms and have have over 2 months to prepare for this - Cyber 5 / +5's and find a long ass skill and now they will be purging on a weekly basis.
Kalgeroth
Doomheim
#45 - 2016-02-09 17:22:31 UTC
MARKET UPDATE

Jita
Arrow Injectors: 671m, rising
Arrow Extractors: 307m, falling

Amarr
Arrow Injectors: 706m, falling
Arrow Extractors: 336m, steady
Kalgeroth
Doomheim
#46 - 2016-02-09 17:25:13 UTC
Berrice Silf wrote:


You will find since the original blog about this people have been firing up their alts / farms and have have over 2 months to prepare for this - Cyber 5 / +5's and find a long ass skill and now they will be purging on a weekly basis.


Yes indeed, so after the initial rush of supply we're still back to the fact that SP farming alts won't be producing SP they can sell for at least a month and more like three months for most people.

My advice for those who want to buy SP would be to do it NOW while prices are reasonable, or wait three months until the bubble pops. Attention
Ria Nieyli
Nieyli Enterprises
#47 - 2016-02-09 17:40:17 UTC
Kalgeroth wrote:
Berrice Silf wrote:


You will find since the original blog about this people have been firing up their alts / farms and have have over 2 months to prepare for this - Cyber 5 / +5's and find a long ass skill and now they will be purging on a weekly basis.


Yes indeed, so after the initial rush of supply we're still back to the fact that SP farming alts won't be producing SP they can sell for at least a month and more like three months for most people.

My advice for those who want to buy SP would be to do it NOW while prices are reasonable, or wait three months until the bubble pops. Attention






What you're not taking into account is cheap characters on the bazaar that can be stripped of SP.
If you're farming SP on an alt, excluding the overhead to get to 5m, the production price of an injector would be 49% of PLEX price.
You can certainly go below that by buying up characters from the bazaar.
Berrice Silf
Academy of the Imperial Guards
#48 - 2016-02-09 17:44:08 UTC
Ria Nieyli wrote:
Kalgeroth wrote:
Berrice Silf wrote:


You will find since the original blog about this people have been firing up their alts / farms and have have over 2 months to prepare for this - Cyber 5 / +5's and find a long ass skill and now they will be purging on a weekly basis.


Yes indeed, so after the initial rush of supply we're still back to the fact that SP farming alts won't be producing SP they can sell for at least a month and more like three months for most people.

My advice for those who want to buy SP would be to do it NOW while prices are reasonable, or wait three months until the bubble pops. Attention






What you're not taking into account is cheap characters on the bazaar that can be stripped of SP.
If you're farming SP on an alt, excluding the overhead to get to 5m, the production price of an injector would be 49% of PLEX price.
You can certainly go below that by buying up characters from the bazaar.


With skill points themselves now have a discerning value and not how the character has been trained, everything will rise and adjust accordingly.

There will be no cheap indie / manu / mining toons theyre just sacks ready to be harvested and farmed on.
Ria Nieyli
Nieyli Enterprises
#49 - 2016-02-09 17:47:27 UTC
Berrice Silf wrote:
With skill points themselves now have a discerning value and not how the character has been trained, everything will rise and adjust accordingly.

There will be no cheap indie / manu / mining toons theyre just sacks ready to be harvested and farmed on.


Eventually, but it will take some time for the supply of those to get used up by entrepreneurs.
pajedas
Doomheim
#50 - 2016-02-09 17:52:11 UTC
http://eveboard.com/pilot/CapRed wins highest Average SP/Hour with 80,322.65!

A whole new contest!!!

🐇
Abda
Doomheim
#51 - 2016-02-09 17:57:05 UTC
pajedas wrote:
http://eveboard.com/pilot/CapRed wins highest Average SP/Hour with 80,322.65!

A whole new contest!!!



...On how badly you can waste SP? Explosive Shield comp 5? Really? Does he know it only words for passive mods, not invuls?
Pandora Bokks
Pangalactic Frontline Supply Agency
#52 - 2016-02-09 18:00:11 UTC
Kalgeroth wrote:
Berrice Silf wrote:


You will find since the original blog about this people have been firing up their alts / farms and have have over 2 months to prepare for this - Cyber 5 / +5's and find a long ass skill and now they will be purging on a weekly basis.


Yes indeed, so after the initial rush of supply we're still back to the fact that SP farming alts won't be producing SP they can sell for at least a month and more like three months for most people.

My advice for those who want to buy SP would be to do it NOW while prices are reasonable, or wait three months until the bubble pops. Attention






A farming alt produces 1 injector in 184 hours. The farms are already up and running. Prices are currently 644 mln and moving towards current production cost (623.7 mln ISK). But I guess, you are by far underestimating the amount of available skillpoints. Every charcter offered on Bazaar is a potential SP mine.
Kalgeroth
Doomheim
#53 - 2016-02-09 18:03:32 UTC
However you look at it, there is 'instant supply' from unwanted SP earnt over years. Cool

This is the initial supply rush.

SP farms need a little more time to push out SP to the market, as you cannot extract below 5.5m (meaning you need 6m SP to extract 500k).

What does this mean? An initial rush of pent up supply (including from poor characters in the bazaar), and then: a trickle. Idea
Ria Nieyli
Nieyli Enterprises
#54 - 2016-02-09 18:07:25 UTC
Kalgeroth wrote:
However you look at it, there is 'instant supply' from unwanted SP earnt over years. Cool

This is the initial supply rush.

SP farms need a little more time to push out SP to the market, as you cannot extract below 5.5m (meaning you need 6m SP to extract 500k).

What does this mean? An initial rush of pent up supply (including from poor characters in the bazaar), and then: a trickle. Idea


Same goes for demand too. Demand on patch day is going to be an order of magnitude higher than in the following weeks.
pajedas
Doomheim
#55 - 2016-02-09 18:10:16 UTC
Skill Extractor (Jita) Average so far 313,636,016.84 ISK
Skill Injector (Jita) Average so far 670,021,881.51 ISK

🐇
Lfod Shi
Lfod's Ratting and Salvage
#56 - 2016-02-09 18:10:30 UTC
I love the speculation speculation. Not participating, just watching.

♪ They'll always be bloodclaws to me ♫
Jack Theisant
The Scope
Gallente Federation
#57 - 2016-02-09 18:11:43 UTC  |  Edited by: Jack Theisant
Just sold an extractor in Essence for 499,999,000.
Kalgeroth
Doomheim
#58 - 2016-02-09 18:14:41 UTC
MARKET UPDATE:

Skill Injector prices in Jita in sudden downward trajectory as fresh EU Primetime supply hits the market.

ArrowCurrent price: 618m and falling

Expect this to recover quickly, prices in Amarr still at 680m Attention
Kalgeroth
Doomheim
#59 - 2016-02-09 18:15:59 UTC
Ria Nieyli wrote:


Same goes for demand too. Demand on patch day is going to be an order of magnitude higher than in the following weeks.


Demand for shiny new skills will be constant and the desire for new skills is not limited by a fixed variable (SP), but by ISK which players can buy with PLEX or earn more of quickly.
Ria Nieyli
Nieyli Enterprises
#60 - 2016-02-09 18:23:39 UTC  |  Edited by: Ria Nieyli
There's a lot of idle ISK ingame, not to mention people dumping plex on the market already. The bulk of injector purchases are going to be frontloaded, then it will slow down to a trickle. Once the novelty wears off and people meet their SP goals, the feeding frenzy will end.