These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

EVE General Discussion

 
  • Topic is locked indefinitely.
12Next page
 

Economic review Feb-July 2016
Author
Previous Topic Next Topic
William Legrand-Marx
Nemesis Ad Astra
#1 - 2016-08-10 23:40:31 UTC
Greetings playas, this much I start a long thread.
For those who know me, howdy! For those who think they know me - get a life, it's just another alt. Messed up with some, they got all offensive and such, what they need is loveeeee...

For ease of explanation I will use February and July econ report. Now the following might not make sense or feel counterintuitive but I assure you, if there is some error in judgement it is due to the late night and some tequila, because tequila... anyway.

I need feedback on this to see if I am going right because main hypothesis going here is lack of economic regulation which leads to loss in playerbase. I tried to find more data but it was rather unachievable.

Thus we start by noticing that July edition lacks data by regions you can find in February edition.


  • Active ISK - important measure of currency supply and its representation of economic wealth and purchase power fluctuation.

    • We see that since March 12 till August 16 supply gained almost whopping half a quadrillion isk. That's some good old QE right there.

  • Productivity and Mining w/o considering destruction is roughly 3.5-4.5 Trillion ISK. If you see July results of productivity increase, those are citadels.

  • Now check TOP 20 Key Econ FIgures. The acute change happened mainly in Net Exports change of roughly 150 T and Trade value in Jita drop from 707 T to 367 T ISK in volume. Some is written off by summer stagnation just like the increase of active isk. You can see august/september boredom every year on the chart.

  • In export/import we see that Lonetrek has huge brakethrough in it's net results while Forge is walking back. We could assume that it is seasonal change between the two but more data is required.

  • We also can see shrinkage of near-balanced reagions deviations in net exports figure which indicates a reduction in activity in those regions due to summer time which is mild and due to concentration of efforts on other matters as we can see with certain regions that started emerging.

  • Tequila tastes to good to be too deep into analysis but I will try my best but nothing tastes as good as ISK sinks and faucets. I think they should include scam turnover for a more complete picture however we can see that everything goes well along the data with few changes mainly again due to summer shift and then you see the skills.

    • Yep, that is Skill injectors and extractors of the very rich of EVE screeching to gain more power in shorter period of time. I did some myself on other characters, believe me that is "everyone takes same time to train skills" dying right there. I am sorry but 3 Trillion increase in skills in 6 month?

    Now check the bounty price increases of 9 Trillion in six month, isn't it just quackin' crazy? I wonder why...

  • Velocity of currency - now we can see in July edition that magic spike after which all the economic reports started appearing every month. Player online peak was of 38K on circa 2nd February 16. Which was steady throughout last month considering November 15 circa drop, which showed something was going on which was mainly PLEX record.

    • Consequent flush of PLEX into economy which made everyone hungry for ISK became one of the reasons for increase in the velocity but the increased supply of ISK and stable productivity should have fomented inflation and we would see a general price increase. Considering Tranquility is closed economy, unles we start trading with Serenity, such increases in money supply are not beneficial in the long run without price increase adequate for the change.

    Knowing that several paramters offset the gap in volumes we still have to see this general increase in prices but first there will be deflation.

  • Considering that ISK is not backed by any real value good which could be PLEX but it is more of a bond-like commodity that foments the growth in supply of ISK. The trade of synthetic margins which stimulates shortages creates debt that cannot be paid which brings PLEX to huge levels of price. These levels having positive effect for players that buy PLEX from CCP, their numbers are insufficient to reduce overal price increase during the cycle, and their gains are shortcoming. This, in turn, makes in-game players of lower income give away more than they can afford which is long lasting saying in EVE: "Don't use what you cannot afford to lose."

    • Knowing that wealthy conglomerates fund wars with manipulations including PLEX ones, it is rather unsettling that the overal fall of player base dedicated to shallow gameplay will reduce in its numbers. The inability to support the conglomerates, shallow gameplay users will tend to leave the game altogether, with exceptions of low influence. The inability will continue with the ever growing supply of currency that doesn't represent true value of the goods and which would lead to hyperinflation.

    If that happens, eve economy will follows the world economy. No rare materials be thet officer or DED modules or weaponry will be able to substitute and represent the currency as it is due to their various settings and uses which will lead everyone into dark age of barter.

  • Increasing contract trading just shows how more players tend to bargain on terms far from station sale taxes and ever more speculative trade.


There is nothing worthy in this world even if others think it is worth something...
William Legrand-Marx
Nemesis Ad Astra
#2 - 2016-08-10 23:41:09 UTC  |  Edited by: William Legrand-Marx
As we can see the amount of ISK exiting economy, the amount of production and mining, exploration and blueprint, mission running will not cover the overal isk supply that is growing at a stable pace. This inflationary system will only make low class players and middle class players poorer and rich class richer. If you don't see the great irony in EVE economy it is that it repeats world one with several different aspects which however do not stop it from commiting same mistakes.

So tell me, what happens in real world with people who lose their economic energy?

They sadly cannot quit life and sadly it is hard to get back on the horse in such case. If we translate that into EVE, people quit and hardly re-enter the game or if enter due to lack of understanding of what is EVE, exit sooner then the ones before them. Maybe I am wrong but if I had full data I wouldn't mind digging deeper to see how well it goes.

There is nothing worthy in this world even if others think it is worth something...
William Legrand-Marx
Nemesis Ad Astra
#3 - 2016-08-10 23:41:58 UTC
Reserved... these posting timers make me suffer...

There is nothing worthy in this world even if others think it is worth something...
William Legrand-Marx
Nemesis Ad Astra
#4 - 2016-08-10 23:44:06 UTC
Die last reservation. I promise. 07

There is nothing worthy in this world even if others think it is worth something...
Lex Gabinia
Res Repetundae
#5 - 2016-08-11 00:24:31 UTC
Reserved for future ridicule, finger pointing and laughter.
Doc Fury
Furious Enterprises
#6 - 2016-08-11 00:47:07 UTC  |  Edited by: Doc Fury
tl;dr:

EVE is dying.. Now with big words and TPS reports.


.

☼

There's a million angry citizens looking down their tubes..at me.
ShahFluffers
Ice Fire Warriors
#7 - 2016-08-11 01:08:11 UTC  |  Edited by: ShahFluffers
That first post there... is this what happens when financially obsessed people with Aspergers don a tinfoil hat?

How did you Veterans start?
Serene Repose
#8 - 2016-08-11 01:35:05 UTC
Voluminously inarticulate. Luminously ineffective. Now you've blocked out the space with a brave subject line, a revisit while sober might be in order. Should that happen, I'll then revisit and revise my response. Should that not happen, I'll chalk this up to more inebriated enthusiasm which inevitably fades with the light of day and ensuing hangover.

Cool

We must accommodate the idiocracy.
Nevyn Auscent
Broke Sauce
#9 - 2016-08-11 01:48:43 UTC
@ Op. Your problem is you started with Feb.
Feb was actually a highly atypical month with massive trade volumes. Most of your 'points' are directly linked to the Citadel expansion, pre patch market speculation and preparation and post patch construction.
Go back to older data and you start to find interesting things.
About the only thing of any note you actually found was the average 10 trillion jump in bounty faucet which directly dates to citadel buffing carriers and a massive increase in carrier ratting as a result.
Anke Eyrou
Hades Sisters
#10 - 2016-08-11 05:48:33 UTC
Having read what to me appears to be a rant about markets and wasted 2 minutes of my time and a further 3 typing this reply shouldn't this be in the markets discussions forum?

I expect to get this post deleted or locked. So much for freedom of expression.

Paranoid Loyd
#11 - 2016-08-11 06:11:50 UTC
Am I too late to reserve a table for 6? Meema and her 4 children (they're really cats) are in town, I really want to impress them.

"There is only one authority in this game, and that my friend is violence. The supreme authority upon which all other authority is derived." ISD Max Trix

Fix the Prospect!
ShahFluffers
Ice Fire Warriors
#12 - 2016-08-11 06:27:58 UTC
Paranoid Loyd wrote:
Am I too late to reserve a table for 6? Meema and her 4 children (they're really cats) are in town, I really want to impress them.

Come to my booth Loyd! It is spacious and I already have cashews and drinks ready.

I'll get some orders of Fancy Feast for the "children." Blink

How did you Veterans start?
Bienator II
madmen of the skies
#13 - 2016-08-11 07:20:29 UTC
reserved - spot for sale

how to fix eve: 1) remove ECM 2) rename dampeners to ECM 3) add new anti-drone ewar for caldari 4) give offgrid boosters ongrid combat value
William Legrand-Marx
Nemesis Ad Astra
#14 - 2016-08-11 10:19:41 UTC  |  Edited by: William Legrand-Marx
Nevyn Auscent wrote:
@ Op. Your problem is you started with Feb.
Feb was actually a highly atypical month with massive trade volumes. Most of your 'points' are directly linked to the Citadel expansion, pre patch market speculation and preparation and post patch construction.
Go back to older data and you start to find interesting things.
About the only thing of any note you actually found was the average 10 trillion jump in bounty faucet which directly dates to citadel buffing carriers and a massive increase in carrier ratting as a result.


If you mean this. It will ocme in hand later on and it doesn't change the picture. Also before Citadel, the bounties jumped 4 trillion from february to march. Just in two month. If we consider Citadel launch on 27th April we can include April result as well where Bounty actually drop and Blueprints rise again. Only after in May Bounties rebounced back to higher values. Some of the points are linked to Citadel and it is rather a shock to economy then a major happening with short lasting volatility which we don't consider in here but was worth mentioning. Pre-market speculation? Elaborate on that one because I want to see what you mean rather than saying nothing while trying to say something. Also where do you have the data about carriers ratting as a result? Any evidence or is it general "knowledge"? I need to see it.
Also another meme that won't die is normalizing data which gives that assurance of growth you can read about here. Normalization is a way to ensure that a structure is suitable for general querying and free of certain undesirable characteristics. Normalizing by unique logons and not giving unique logoffs data is quite enthusiastic. Peopl that come to try ever more mainstream game leave later on but their data is remained as logon only, cool, right?

There is nothing worthy in this world even if others think it is worth something...
William Legrand-Marx
Nemesis Ad Astra
#15 - 2016-08-11 10:20:39 UTC
Lex Gabinia wrote:
Reserved for future ridicule, finger pointing and laughter.


That intellect of yours even with chipset won't do any better.

There is nothing worthy in this world even if others think it is worth something...
William Legrand-Marx
Nemesis Ad Astra
#16 - 2016-08-11 10:22:04 UTC
ShahFluffers wrote:
That first post there... is this what happens when financially obsessed people with Aspergers don a tinfoil hat?


Not obsessed but surely a tinfoil is in place... also Aspergers will allow me to protect myself from Reptilian mind control... uuuuuuu

There is nothing worthy in this world even if others think it is worth something...
Nana Skalski
Taisaanat Kotei
EDENCOM DEFENSIVE INITIATIVE
#17 - 2016-08-11 10:38:37 UTC
William Legrand-Marx
Nemesis Ad Astra
#18 - 2016-08-11 10:49:35 UTC  |  Edited by: William Legrand-Marx
Doc Fury wrote:
tl;dr:

EVE is dying.. Now with big words and TPS reports.


.


So you didn't understand it but draw a conclusion. Nice mental job right there. Also since when playerbase shrinkage is end of eve? Serenity is small, yet alive; but let's listen to guru of which we have dozens living in forums with superiority complex.

There is nothing worthy in this world even if others think it is worth something...
Doc Fury
Furious Enterprises
#19 - 2016-08-11 14:39:09 UTC
William Legrand-Marx wrote:
Doc Fury wrote:
tl;dr:

EVE is dying.. Now with big words and TPS reports.


.


So you didn't understand it but draw a conclusion. Nice mental job right there. Also since when playerbase shrinkage is end of eve? Serenity is small, yet alive; but let's listen to guru of which we have dozens living in forums with superiority complex.


Try posting while sober next time buckaroo.



☼

There's a million angry citizens looking down their tubes..at me.
William Legrand-Marx
Nemesis Ad Astra
#20 - 2016-08-11 14:50:26 UTC
Doc Fury wrote:
William Legrand-Marx wrote:
Doc Fury wrote:
tl;dr:

EVE is dying.. Now with big words and TPS reports.


.


So you didn't understand it but draw a conclusion. Nice mental job right there. Also since when playerbase shrinkage is end of eve? Serenity is small, yet alive; but let's listen to guru of which we have dozens living in forums with superiority complex.


Try posting while sober next time buckaroo.



How do you know I was drunk or how do you know I finished whole bottle? Too much for a little man to think about I suppose.

There is nothing worthy in this world even if others think it is worth something...
12Next page