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Zydrine,CSM, and You

First post
Author
Buoytender Bob
Ronin Exploration Mission and Mining
#1 - 2017-06-02 22:12:03 UTC
Could someone please explain the current questions being raised pertaining to Zydrine, the current CSM, Dev blogs, and strange market fluctuations? What exactly are the issues/concerns and how much of it is merely "tinfoil hat " trolling? Thank you.

To buck the popular trend, I began to Rage Start instead of Rage Quit.

...and every time I get another piece of Carbon, I know exactly what CCP is getting this Christmas.

Mr Epeen
It's All About Me
#2 - 2017-06-02 22:26:10 UTC
All I can do is add another question.

Why is it always freaking Zydrine in the middle of these dramas? For years it's been one thing or another with minerals, but Zydrine is always in the middle of it.

Now I have to do some research to see what you are on about and how it's going to affect my industrial chain.

Mr Epeen Cool
Skorpynekomimi
#3 - 2017-06-02 22:44:07 UTC
I think I'm going to need to start keeping graphs of mineral/commodity prices.

Economic PVP

ISD Stall
ISD STAR
ISD Alliance
#4 - 2017-06-02 22:54:34 UTC
Skorpynekomimi wrote:
I think I'm going to need to start keeping graphs of mineral/commodity prices.



I like to use this website when I want to look at market prices. However, it only goes back a short amount of time. If anyone knows of a good site that has a longer market history let me know. Fuzzworks market history.
Mr Epeen
It's All About Me
#5 - 2017-06-02 23:06:03 UTC
Skorpynekomimi wrote:
I think I'm going to need to start keeping graphs of mineral/commodity prices.
What you need is a personal psychic to tell you where they'll be in a week. Or a month.

The history of mineral prices is - as my flight instructor used to say - the equivalent of the runway behind you.

Completely useless.

Mr Epeen Cool
Chainsaw Plankton
FaDoyToy
#6 - 2017-06-02 23:09:54 UTC
what questions?

There are always mineral speculations going on, and with the latest rorqual nerf that will probably boost high end values or something like that.

also it might be worth taking a look at anom spawn tables and calculating bottlenecks for minerals. looking at the price history of zydrine over the last year in jita it is pretty jagged so I'm guessing it is one of the more susceptible minerals to manipulation.

@ChainsawPlankto on twitter

Cade Windstalker
#7 - 2017-06-03 01:24:11 UTC
One of the CSMs already came out and said that spike happened 2 days before the CSM was informed of the upcoming changes. It's in the reddit thread on the subject.
Bjorn Tyrson
Brutor Tribe
Minmatar Republic
#8 - 2017-06-03 04:29:30 UTC  |  Edited by: Bjorn Tyrson
Zydrine has always been a bottleneck mineral. It's also in a weird position of being fairly hard to get. And used in a lot of blueprints but at wildly different ratios. Which means that while everyone uses it, and the supply is tight enough to be easily moved. Some people can end up with an over abundance of the stuff compared to some other (slightly less volatile because they are easier to get) minerals. Which means some manufacturers will occasionally dump very large amounts of excess (to them) Zydrine onto the market crashing the price.

Since the crash happened days before rhe CSM was even informed of fhe changes. And likely these changes would result in an increase in zydrine prices. (With the exception of jaspet it cant reliably be found in HS). We should have seem an increase in price if there was a leak rather than a decrease.
Imasupa
Doomheim
#9 - 2017-06-03 04:42:59 UTC
Cade Windstalker wrote:
One of the CSMs already came out and said that spike happened 2 days before the CSM was informed of the upcoming changes. It's in the reddit thread on the subject.



What is being said is that someone at CCP informed either CSM members or other general players about the proposed Rorq nerf up to 72 hours before it was announced allowing those players to manipulate the market illegally.

We have seen this multiple times before. The integrity of certain CCP employees is what is always being questioned. It has been for over a decade.
Bjorn Tyrson
Brutor Tribe
Minmatar Republic
#10 - 2017-06-03 07:13:58 UTC
Imasupa wrote:
Cade Windstalker wrote:
One of the CSMs already came out and said that spike happened 2 days before the CSM was informed of the upcoming changes. It's in the reddit thread on the subject.



What is being said is that someone at CCP informed either CSM members or other general players about the proposed Rorq nerf up to 72 hours before it was announced allowing those players to manipulate the market illegally.

We have seen this multiple times before. The integrity of certain CCP employees is what is always being questioned. It has been for over a decade.


zydrine is a (predominantly) NS mineral, nerfing null sec mining means less supply, which means increased prices, which means, if you know about it before hand, that you should be buying as much as you can before the price spike... but we have seen the prices crash... so the change got leaked and everyone it got leaked too suddenly decided that they hate money?
Nicolai Serkanner
Incredible.
Brave Collective
#11 - 2017-06-03 21:27:03 UTC
I have stock in tin foil.
Bjorn Tyrson
Brutor Tribe
Minmatar Republic
#12 - 2017-06-04 01:09:35 UTC
Nicolai Serkanner wrote:
I have stock in tin foil.


You must be making a killing. I keep trying to enter that market but it keeps getting snapped up too quickly.
Cade Windstalker
#13 - 2017-06-04 01:57:19 UTC
Imasupa wrote:
Cade Windstalker wrote:
One of the CSMs already came out and said that spike happened 2 days before the CSM was informed of the upcoming changes. It's in the reddit thread on the subject.



What is being said is that someone at CCP informed either CSM members or other general players about the proposed Rorq nerf up to 72 hours before it was announced allowing those players to manipulate the market illegally.

We have seen this multiple times before. The integrity of certain CCP employees is what is always being questioned. It has been for over a decade.


You seem to be misunderstanding me. The CSM did not have the information on the upcoming changes until *after* that buying spike occurred. We have this confirmed by multiple CSMs.

Also if you look at the changes there seems to be little to suggest that they'll cause a significant spike in Zydrine prices, making this a questionable bet at the very least.

Also all of these 'previous instances' of supposed questionable behavior have never been proven to be anything other than normal market speculation by uninformed third parties, rather than leaks.

TLDR: If you believe this I've got a tinfoil bridge to sell you...
Sonya Corvinus
Grant Village
#14 - 2017-06-04 04:14:56 UTC
Wait...people think CSM matters? Since when?
Piugattuk
Litla Sundlaugin
#15 - 2017-06-04 06:11:56 UTC
I'm sorry, I'm not sure if I was making waves because I've been a busy doodle bug making cap ships and have been buying many minerals that I cannot get in the quantity that I need, Zydrine is on the top of my list and others.

I have taken a short break to have fun in other areas because as much as I love production it has become tedious with the amounts we are talking, or not.
Piugattuk
Litla Sundlaugin
#16 - 2017-06-04 06:14:57 UTC
Imasupa wrote:
Cade Windstalker wrote:
One of the CSMs already came out and said that spike happened 2 days before the CSM was informed of the upcoming changes. It's in the reddit thread on the subject.



What is being said is that someone at CCP informed either CSM members or other general players about the proposed Rorq nerf up to 72 hours before it was announced allowing those players to manipulate the market illegally.

We have seen this multiple times before. The integrity of certain CCP employees is what is always being questioned. It has been for over a decade.


Goo...bees...karm, nah couldn't bee.
Salvos Rhoska
#17 - 2017-06-04 07:03:59 UTC  |  Edited by: Salvos Rhoska
Query to pro traders:

If, lets say, large quantities of existing Zydrine sell orders where suddenly bought back by their owners (via alts), would that not outwardly have the same characteristics as this spike in volume/price and subsequent plummet in price as the rest of the market resumes its nominal reactive trading pace at best sell/buy order?

In other words, that the spike history of volume/price change is not a representative of competitive trading, but of a massive withdrawal of Zydrine on their own accounts by buying them off the market and shouldering the loss in transaction fees.

The competitive trading edge of price/volume of Zydrine would thus have not directly been affected, except as a disappearance of volume above their -0.1isk price, and only those traders savy enough to watch volume intently would have noticed it occuring, and even to them, the spike would have prompted them to dump more Zydrine ASAP for the withdrawers to buy up.

TLDR:
1) Could the spike have been the result of massive buyback of owners Zydrine orders?
2) Would the self-purchase of more expensive/voluminous orders of Zydrine up the price chain, not appear in stats as a sudden artificial spike, as Zydrine that should not be selling at that price, or at current demand, is suddenly irrationally bought up?
3) Would not, thereafter, prices/volume drop back down to the competitive trading price/volume edge, albeit further depressed by the echo of an artificial temporary demand spike?
Cade Windstalker
#18 - 2017-06-04 15:08:18 UTC
Salvos Rhoska wrote:
Query to pro traders:

If, lets say, large quantities of existing Zydrine sell orders where suddenly bought back by their owners (via alts), would that not outwardly have the same characteristics as this spike in volume/price and subsequent plummet in price as the rest of the market resumes its nominal reactive trading pace at best sell/buy order?

In other words, that the spike history of volume/price change is not a representative of competitive trading, but of a massive withdrawal of Zydrine on their own accounts by buying them off the market and shouldering the loss in transaction fees.

The competitive trading edge of price/volume of Zydrine would thus have not directly been affected, except as a disappearance of volume above their -0.1isk price, and only those traders savy enough to watch volume intently would have noticed it occuring, and even to them, the spike would have prompted them to dump more Zydrine ASAP for the withdrawers to buy up.

TLDR:
1) Could the spike have been the result of massive buyback of owners Zydrine orders?
2) Would the self-purchase of more expensive/voluminous orders of Zydrine up the price chain, not appear in stats as a sudden artificial spike, as Zydrine that should not be selling at that price, or at current demand, is suddenly irrationally bought up?
3) Would not, thereafter, prices/volume drop back down to the competitive trading price/volume edge, albeit further depressed by the echo of an artificial temporary demand spike?


No, because the market doesn't react just because the volume traded changed, it reacts because all the old best-price orders were either filled (buy orders) or bought out (sell orders) so the price adjusts to the new normal that the flurry of activity has set it to.

If someone posts up a bunch of new orders and then fills them all then the net effect on the other existing orders is zero.

Since there was a change in price accompanying this change in volume we can say conclusively that whatever this was it wasn't what you're proposing here.
Salvos Rhoska
#19 - 2017-06-06 07:31:22 UTC  |  Edited by: Salvos Rhoska
Cade Windstalker wrote:
Since there was a change in price accompanying this change in volume we can say conclusively that whatever this was it wasn't what you're proposing here.


Could that have been a result of also buying large volumes of the cheapest Zydrine off the markets, concurrently with buying back or cancelling their own sell orders further up the price chain? Especially if a substantial part of their own Zydrine was located in remote markets?

The purpose would have been to stockpile Zydrine, even at a loss, so its effect on the market would be unusual in characteristics, as not following rational demand/supply behavior.

In anycase, its clear that someone(s) with substantial influence had a sudden concerted interest in Zydrine, for whatever reason.
Gimme Sake
State War Academy
Caldari State
#20 - 2017-06-06 11:31:58 UTC  |  Edited by: Gimme Sake
Zydrine has been discovered to be the cause of all drama in EvE.

I'd put on my tinfoil hat but I suspect it has zydrine in its composition. What?

"Never not blob!" ~ Plato

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