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USD Cost of M-O Assult

Author
Kosomot
Player Vs Ore
Miners Of Independence
#1 - 2016-12-11 00:37:56 UTC
So i just finished watching the mess in M-O.

One of the things we were talkign about is the total cost in USD (converting isk losses to USD) for both sides.

https://zkillboard.com/system/30000848/ implies that we are looking 14.74Trillion isk.

If we do the math, that seems to work out to about $200,000 USD?

or did we get the comma in the wrong place.

(we based it on the killboard conversion of isk to USD where it showed the 300Billion isk of the keepstar at 4500$)

anyone else better at this than me.

I would really be curious.

Thanks

I am a miner, mission runner, and explorer...

or as EVE Online would have it...

A Carebear!!

Bemo
Narcosis.
#2 - 2016-12-11 00:40:07 UTC
Why do people keep relating in game currency to RL currency? You can print ISK in game pretty easily.
Wakka Rocka
Doomheim
#3 - 2016-12-11 00:42:52 UTC
Bemo wrote:
Why do people keep relating in game currency to RL currency? You can print ISK in game pretty easily.



It makes a good (if dishonest) headline.
Kosomot
Player Vs Ore
Miners Of Independence
#4 - 2016-12-11 01:00:21 UTC
really it's just more curiousity give the economic nature of eve it's always idle curiosity for me.

Given the fact that unlike othe MMO's EVE has real loses vs the wimpy let me just repair my stuff and get on with it.

I know it's not legit and that isk is created in ways beyond currency exchanges.

that's all not a big deal, it's just idle curiosity.



I am a miner, mission runner, and explorer...

or as EVE Online would have it...

A Carebear!!

Iria Ahrens
Space Perverts and Forum Pirates
#5 - 2016-12-11 01:24:51 UTC
The USD value gives a sense of scale to people who don't play eve.

My choice of pronouns is based on your avatar. Even if I know what is behind the avatar.

Winter Archipelago
Autumn Industrial Enterprises
#6 - 2016-12-11 01:24:55 UTC
One thing to remember about that 14.7 trillion number is that it's the ISK destroyed since zKB started collecting killmails, not only just since the war in Tribute began.
Eternus8lux8lucis
Guardians of the Gate
RAZOR Alliance
#7 - 2016-12-11 01:28:38 UTC
If you use this metric, not the entire defense sure, M-O keepstar you will see a total of 352.4bil today so far on that counting both sides. Far from the 14.79trillion. The reality is that figure should be for M-O system entirely and not just today but all time since zkill has been uploading kills for that system.

In real dollars today amounted to approx $5286USD. With the lions share of that being the keepstar itself.

Have you heard anything I've said?

You said it's all circling the drain, the whole universe. Right?

That's right.

Had to end sometime.

Kosomot
Player Vs Ore
Miners Of Independence
#8 - 2016-12-11 01:34:00 UTC
Winter Archipelago wrote:
One thing to remember about that 14.7 trillion number is that it's the ISK destroyed since zKB started collecting killmails, not only just since the war in Tribute began.



I do understand that for sure .

and i totally understand that it is not a representation of the cost of this lastest event.

I also get that costs incurred on other systems are not included but should be included in the cost of the take down.

I am a miner, mission runner, and explorer...

or as EVE Online would have it...

A Carebear!!

TigerXtrm
KarmaFleet
Goonswarm Federation
#9 - 2016-12-11 01:51:25 UTC
Kosomot wrote:
So i just finished watching the mess in M-O.

One of the things we were talkign about is the total cost in USD (converting isk losses to USD) for both sides.

https://zkillboard.com/system/30000848/ implies that we are looking 14.74Trillion isk.

If we do the math, that seems to work out to about $200,000 USD?

or did we get the comma in the wrong place.

(we based it on the killboard conversion of isk to USD where it showed the 300Billion isk of the keepstar at 4500$)

anyone else better at this than me.

I would really be curious.

Thanks


All battles over the Keepstar combined probably range more into the 20.000 dollar range. The damn thing took down a LOT of ships with it.

My YouTube Channel - EVE Tutorials & other game related things!

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Conrad Makbure
Center for Advanced Studies
Gallente Federation
#10 - 2016-12-11 05:00:58 UTC
Bemo wrote:
Why do people keep relating in game currency to RL currency? You can print ISK in game pretty easily.



This. There is no exchange for this game currency and ISK has zero value. I agree, you can make isk out of nothing.
Mark O'Helm
Fam. Zimin von Reizgenschwendt
#11 - 2016-12-11 07:03:37 UTC
https://zkillboard.com/related/30000848/201612102300/ I see only 353 bil there.

"Frauenversteher wissen, was Frauen wollen. Aber Frauen wollen keine Frauenversteher. Weil Frauenversteher wissen, was Frauen wollen." (Ein Single)

"Wirklich coolen Leuten ist es egal, ob sie cool sind." (Einer, dem es egal ist)

Buggy Khardula
Replicator System Lords
#12 - 2016-12-11 07:32:20 UTC
Conrad Makbure wrote:
Bemo wrote:
Why do people keep relating in game currency to RL currency? You can print ISK in game pretty easily.



This. There is no exchange for this game currency and ISK has zero value. I agree, you can make isk out of nothing.

They aren't directly exchangeable, but they are equatable - making isk takes time, regardless of whether you rat, or work a job and pay for plex.

According to the US Census Bureau, the average wage for someone with a good degree is roughly 80k a year, or about 27 dollars a hour. So, by working, someone effectively makes 1.35 plex/h, or 1.4b/h or so at current prices. Normal ingame income varies, but it can be anywhere from 100m/h in a VNI in null, to 500m a hour doing sites in a high class wormhole, or even more with things like carrier/supercarrier ratting.

So clearly there's a lot of range here, especially since may people will have higher or lower paying jobs, but working off of the 353b estimate, that means roughly anywhere from 250 manhours to 3500 manhours destroyed.

However, there is a greater cost. According to this reddit post M-OEE8 had about 4 thousand people in local for about 5 hours. That's 20,000 man hours spent sitting in 10% time dilation.

Let this be a lesson to you, the expensive part wasn't the keepstar, or the battle. The expensive part was sitting in TiDi hell.
Lugh Crow-Slave
#13 - 2016-12-11 07:38:26 UTC
Bemo wrote:
Why do people keep relating in game currency to RL currency? You can print ISK in game pretty easily.


because you can use that isk to by game time saving you RL money. its also a good metric of the effort to make that much isk. X amount of isk is worth y amount of $. you know the general amount of effort it takes to earn Y and this helps put X into perspective
Lugh Crow-Slave
#14 - 2016-12-11 07:39:22 UTC
TigerXtrm wrote:
Kosomot wrote:
So i just finished watching the mess in M-O.

One of the things we were talkign about is the total cost in USD (converting isk losses to USD) for both sides.

https://zkillboard.com/system/30000848/ implies that we are looking 14.74Trillion isk.

If we do the math, that seems to work out to about $200,000 USD?

or did we get the comma in the wrong place.

(we based it on the killboard conversion of isk to USD where it showed the 300Billion isk of the keepstar at 4500$)

anyone else better at this than me.

I would really be curious.

Thanks


All battles over the Keepstar combined probably range more into the 20.000 dollar range. The damn thing took down a LOT of ships with it.


20 dollars? the keep star was more than that
Gadget Helmsdottir
Gadget's Workshop
#15 - 2016-12-11 08:23:03 UTC
Buggy Khardula wrote:
Conrad Makbure wrote:
Bemo wrote:
Why do people keep relating in game currency to RL currency? You can print ISK in game pretty easily.



This. There is no exchange for this game currency and ISK has zero value. I agree, you can make isk out of nothing.

They aren't directly exchangeable, but they are equatable - making isk takes time, regardless of whether you rat, or work a job and pay for plex.

According to the US Census Bureau, the average wage for someone with a good degree is roughly 80k a year, or about 27 dollars a hour. So, by working, someone effectively makes 1.35 plex/h, or 1.4b/h or so at current prices. Normal ingame income varies, but it can be anywhere from 100m/h in a VNI in null, to 500m a hour doing sites in a high class wormhole, or even more with things like carrier/supercarrier ratting.

So clearly there's a lot of range here, especially since may people will have higher or lower paying jobs, but working off of the 353b estimate, that means roughly anywhere from 250 manhours to 3500 manhours destroyed.

However, there is a greater cost. According to this reddit post M-OEE8 had about 4 thousand people in local for about 5 hours. That's 20,000 man hours spent sitting in 10% time dilation.

Let this be a lesson to you, the expensive part wasn't the keepstar, or the battle. The expensive part was sitting in TiDi hell.



Good Degrees he says...

Quote:
According to the US Census Bureau persons with doctorates in the United States had an average income of roughly $81,400.


--Gadget

Work smarter, not harder. --Scrooge McDuck, an eminent old-Earth economist

Given an hour to save New Eden, how would respected scientist, Albertus Eisenstein compose his thoughts? "Fifty-five minutes to define the problem; save the galaxy in five."

Toobo
Project Fruit House
#16 - 2016-12-11 08:24:13 UTC
well it does make catchy headline, but very deceptive.

While one can more or less indirectly 'buy' ISK via buying PLEX, which has RL currency attached to it, it is precisely because you cannot legally exchange ISK to RL currency that people are willing to risk & spend that much ISK for in-game things.

Let's say you can spend 300b ISK to have a keepstar in game, then yeah, people who have that much ISK (or many times that much ISK) in game probably won't care too much about spending them in game.

But if the only way to place a keepstar in game was through spending RL currency, I'm sure we'd see a LOT less keepstars around in game.

Just for easy calculation let's say 1 PLEX = 1 billion ISK, and 1 PLEX costs $20 USD.

300b ISK in game? I may think long time before making such in-game commitment, but probably because that is quite a bit ISK for me in game, but well, if one has the ISK, then why not?

On the other hand, $6,000 USD to have something in-game which can be (and most likely will be at some point) destroyed?

Sure I could afford it with RL money, but I probably won't spend $6,000 USD on a video game, considering other things I could get with that much RL money.

Many people can, and do spend over $6,000 RL money on various things per year, at least accumulated. But I can't imagine majority of population (even hardcore gamers) would spend that much on a video game - they probably rather spend that on hardware gears.

May be a bad comprasion, but from a quick calculation it looks like I spend about $3,500 USD+ on buying cigarettes per year, which I completely don't mind, but I would never quit smoking IRL so that I can have a keepstar in game lol.

Cheers Love! The cavalry's here!

Toobo
Project Fruit House
#17 - 2016-12-11 08:29:04 UTC
Gadget Helmsdottir wrote:


Good Degrees he says...

Quote:
According to the US Census Bureau persons with doctorates in the United States had an average income of roughly $81,400.


--Gadget


Actually I won't be surprised if people with doctorates in general made less RL money than people without doctorates. Many high paying jobs IRL do not require such level of academic degree, and there are probably more RL millionaires/billionaires without PhD than those who have such degree.

Cheers Love! The cavalry's here!

Lugh Crow-Slave
#18 - 2016-12-11 08:35:37 UTC
Gadget Helmsdottir wrote:
Buggy Khardula wrote:
Conrad Makbure wrote:
Bemo wrote:
Why do people keep relating in game currency to RL currency? You can print ISK in game pretty easily.



This. There is no exchange for this game currency and ISK has zero value. I agree, you can make isk out of nothing.

They aren't directly exchangeable, but they are equatable - making isk takes time, regardless of whether you rat, or work a job and pay for plex.

According to the US Census Bureau, the average wage for someone with a good degree is roughly 80k a year, or about 27 dollars a hour. So, by working, someone effectively makes 1.35 plex/h, or 1.4b/h or so at current prices. Normal ingame income varies, but it can be anywhere from 100m/h in a VNI in null, to 500m a hour doing sites in a high class wormhole, or even more with things like carrier/supercarrier ratting.

So clearly there's a lot of range here, especially since may people will have higher or lower paying jobs, but working off of the 353b estimate, that means roughly anywhere from 250 manhours to 3500 manhours destroyed.

However, there is a greater cost. According to this reddit post M-OEE8 had about 4 thousand people in local for about 5 hours. That's 20,000 man hours spent sitting in 10% time dilation.

Let this be a lesson to you, the expensive part wasn't the keepstar, or the battle. The expensive part was sitting in TiDi hell.



Good Degrees he says...

Quote:
According to the US Census Bureau persons with doctorates in the United States had an average income of roughly $81,400.


--Gadget


you saying a doctorate is not a good degree? maybe he just has higher standards than you
Cutter Isaacson
DEDSEC SAN FRANCISCO
#19 - 2016-12-11 08:55:55 UTC
Lugh Crow-Slave wrote:
Gadget Helmsdottir wrote:



Good Degrees he says...

Quote:
According to the US Census Bureau persons with doctorates in the United States had an average income of roughly $81,400.


--Gadget


you saying a doctorate is not a good degree? maybe he just has higher standards than you


A degree is a degree, a doctorate is a doctorate. Far fewer people with PHD's than with simple degrees. Hell, I have two degrees and I'm an unemployed dumbass.

"The truth is usually just an excuse for a lack of imagination." Elim Garak.

Gadget Helmsdottir
Gadget's Workshop
#20 - 2016-12-11 09:04:28 UTC
Lugh Crow-Slave wrote:
Gadget Helmsdottir wrote:
Buggy Khardula wrote:


According to the US Census Bureau, the average wage for someone with a good degree is roughly 80k a year, or about 27 dollars a hour.



Good Degrees he says...

Quote:
According to the US Census Bureau persons with doctorates in the United States had an average income of roughly $81,400.


--Gadget


you saying a doctorate is not a good degree? maybe he just has higher standards than you


Yes, Lugh. That's exaaaactly what I must be saying...

It actually has nothing to do about taking the highest degree one can get and using that as the basis for comparisons...

BTW, the median for personal earnings in general for the US is just over $55K.
And I'm quite proud of my degrees, thank you very much.

--Gadget

Work smarter, not harder. --Scrooge McDuck, an eminent old-Earth economist

Given an hour to save New Eden, how would respected scientist, Albertus Eisenstein compose his thoughts? "Fifty-five minutes to define the problem; save the galaxy in five."

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