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is trit going to tank now?

Author
bonder's
Doomheim
#1 - 2012-03-13 03:10:27 UTC
just saw this on reddit

http://tinyurl.com/7zw2yxm

Advanced t2 mining crystals for 0.0 that provide a huge boost to veld mining. is doubling the modifier enough to make it worth mining trit in 0.0 again?
Ohh Yeah
Jerkasaurus Wrecks Inc.
Sedition.
#2 - 2012-03-13 03:19:25 UTC  |  Edited by: Ohh Yeah
I just watched a bunch of buy orders @ 4.60 ISK/unit get filled

I guess somebody unloaded their stockpile

edit: Didn't CCP once say that their desired prices for minerals were something along the lines of

Trit - 2 ISK/u
Pyerite - 4 ISK/u
Mex - 8 ISK/u
Isogen - 32 ISK/u

If I recall, that is how insurance payouts were calculated before, but prices never really matched up in-game. That's why insurance fraud was possible if you played your cards right.

Perhaps this is an attempt to revitalize 0.0 and bring prices in line with how CCP and Dr. Eggnog envision them?
Mephistocles
Red Frog Investments
#3 - 2012-03-13 03:33:03 UTC
Not sure about trit... But I am shorting MD mineral speculation/manipulation threads, because supply is going up astronomically. Roll
Brock Nelson
#4 - 2012-03-13 03:34:02 UTC  |  Edited by: Brock Nelson
Reading the thread on Reddit, if CCP does go forward with introducing this new crystal along with others for different ore, I doubt trit would see much drop in price.

If you're a miner in null space, would you mine for Trit or Zydrine? I could see high end mineral dropping in price (especially nocxium), but not low end.

Edit: Mineral Value - I think this is the mineral value that CCP is trying to aim for.

Signature removed, CCP Phantom

bonder's
Doomheim
#5 - 2012-03-13 03:40:34 UTC  |  Edited by: bonder's
Brock Nelson wrote:
Reading the thread on Reddit, if CCP does go forward with introducing this new crystal along with others for different ore, I doubt trit would see much drop in price.

If you're a miner in null space, would you mine for Trit or Zydrine? I could see high end mineral dropping in price (especially nocxium), but not low end.


well they might not introduce a whole line of them, trit is pretty much the number one thing in 0.0 that you have to import in compressed forms to make building stuff viable, so i'd imagine it would drop the demand in empire for trit.
Ohh Yeah
Jerkasaurus Wrecks Inc.
Sedition.
#6 - 2012-03-13 03:44:22 UTC
Here is the table of mineral values used to calculate insurance.

http://wiki.eveonline.com/en/wiki/Item_Database:Manufacture_%26_Research:Materials:Ore_%26_Minerals_:Minerals

So far we've seen Zydrine go up, and this revelation would lead us to believe that Tritanium would go down. That's pretty well in line with an attempt to get mineral prices back to their base values

Brock Nelson
#7 - 2012-03-13 03:51:11 UTC
Either way, this will help null alliance become less dependant on highsec for raw material.

Signature removed, CCP Phantom

Dr Kanet
Alpha and Omega Incorporated
#8 - 2012-03-13 04:53:03 UTC
Brock Nelson wrote:
Either way, this will help null alliance become less dependant on highsec for raw material.


this mean its time to get out of the 425mm rail making game? If these changes go through will the improved crystals make it more viable to mine low ends in 0.0 over compressing in highsec and shipping to 0.0?
bonder's
Doomheim
#9 - 2012-03-13 05:13:33 UTC
Dr Kanet wrote:

this mean its time to get out of the 425mm rail making game? If these changes go through will the improved crystals make it more viable to mine low ends in 0.0 over compressing in highsec and shipping to 0.0?


It would seem so, or the margin for compression and shipping would be so low it probably won't be worth it
Adunh Slavy
#10 - 2012-03-13 05:43:54 UTC
I recall maybe two years ago, though can't recall which dev or which thread, the statement was basicly, how to get more trit yeild in Null. Some of the ideas out there were, another sort of super veld and these crystals. Guess they went with the crystals. I do not recall any other minerals being part of that conversation.

Sorry I do not recall the refrence.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

Scrapyard Bob
EVE University
Ivy League
#11 - 2012-03-13 05:57:21 UTC
Ohh Yeah wrote:

edit: Didn't CCP once say that their desired prices for minerals were something along the lines of

Trit - 2 ISK/u
Pyerite - 4 ISK/u
Mex - 8 ISK/u
Isogen - 32 ISK/u


Except that CCP designers failed the concept of "opportunity cost". There's no way that you will ever see minerals hit those values in that ratio, because with Trit at 1/2 the price of Pyerite, miners will simply stop mining ores which yield mostly Tritanium in favor of mining ores which yield mostly Pyerite.

That's why, historically, all hi-sec ores have all been worth about the same exact value, within 20% or so of each other. If Veld was up at 105 ISK/m3 while Scordite was down at 90 ISK/m3 - people flock to mining Veld instead of Scordite, which drives Veld's value down and nobody bothers with Scordite. Within a few weeks, now Scordite is at 105 ISK/m3 and Veld is back down at 90 ISK/m3, so everyone flocks back to Scordite.

Prices as of a few minutes ago (roughly):

Veld 135 Scor 119 Pyro 169 Plag 154 Omb 81 Kern 151 Jasp 176 Hemo 197 Hedb 195, ABCs are 266 / 287 / 353.

Personally, I don't think 150 ISK/m3 for hi-sec ore is sustainable. Not unless CCP keeps the ban hammer rolling on mining bots and keeps them out of the game. At 150 ISK/m3, a hulk pilot is only making about 15M/hr solo. If it gets much higher then that in hi-sec, then I think more and more people will start mining. Especially when ISK/hr gets up past 20-25M range. I'll be surprised to see hi-sec ores get into the 200-250 ISK/m3 range for more then a short amount of time (2 months).

Null-sec miners, OTOH, generally won't get out of bed for less then 60-70M ISK/hr, because they can make that much running anoms or blowing up belt rats. That means that null-sec ores need to be worth at least 3.5x the value of hi-sec ores (so 500-600 ISK/m3 range) instead of only being worth 2.0-2.5x (with some like Spod being garbage).

Personally, I think the right answer would be to boost the amount of minerals in the ABCs (and Spod / Gneiss / DarkO) by about 20-30%. Which would make those ores worth more on a ISK/m3 basis when compared to the high-sec ores. Or lower the m3/unit size of some of the mid-ranged ores rather then keep them at 8-16 m3/unit.
Slavemaster
ICC - Information Control Corporation
#12 - 2012-03-13 12:13:16 UTC  |  Edited by: Slavemaster
This is the most stupid order I have ever seen on the marked order.

- Unless, just one of them is real, the rest is a margin trading scam. With the benefit of doubt I say
the odds for that. is 95% +

So, where is the logic. Here it is: I got x amount of trit, and I wanna get a 20% + profit on it. I set up a fake buy order on
trit with margin trading, for the sole purpose of selling my stacked Trit.

Since I dont have any Trit, and dont want Trit to go that High, I post this.

- Cheers

So.... Dont belive the Hype

Oo

Slavemaster
ICC - Information Control Corporation
#13 - 2012-03-13 12:34:32 UTC  |  Edited by: Slavemaster
Bha,... Double post....

Edit:
Ohh Yeah wrote:
I just watched a bunch of buy orders @ 4.60 ISK/unit get filled

I guess somebody unloaded their stockpile

edit: Didn't CCP once say that their desired prices for minerals were something along the lines of

Trit - 2 ISK/u
Pyerite - 4 ISK/u
Mex - 8 ISK/u
Isogen - 32 ISK/u

If I recall, that is how insurance payouts were calculated before, but prices never really matched up in-game. That's why insurance fraud was possible if you played your cards right.

Perhaps this is an attempt to revitalize 0.0 and bring prices in line with how CCP and Dr. Eggnog envision them?



- The odds that they are getting canceled bc of the "Margin trade" skill is more likely. So, that can be the first sign
of the scam, and that the "scammer " did the mistake of not using a real order at the top of the list.

Oo

bonder's
Doomheim
#14 - 2012-03-13 16:40:13 UTC
Slavemaster wrote:
This is the most stupid order I have ever seen on the marked order.

- Unless, just one of them is real, the rest is a margin trading scam. With the benefit of doubt I say
the odds for that. is 95% +

So, where is the logic. Here it is: I got x amount of trit, and I wanna get a 20% + profit on it. I set up a fake buy order on
trit with margin trading, for the sole purpose of selling my stacked Trit.

Since I dont have any Trit, and dont want Trit to go that High, I post this.

- Cheers

So.... Dont belive the Hype



wtf are you talking about?
Lord Jita
Lord Jita's Big Gay Corp
#15 - 2012-03-13 17:50:17 UTC
bonder's wrote:


wtf are you talking about?


http://dl.eve-files.com/media/1203/jitaTrit.jpg
bonder's
Doomheim
#16 - 2012-03-13 18:07:58 UTC
cripes that a lot of trit buy orders, that number looks a bit wired though like when cpp seeds stuff on the market =)
Javajunky
Federal Navy Academy
Gallente Federation
#17 - 2012-03-13 18:14:42 UTC  |  Edited by: Javajunky
I'm not really tracking on this...

I'm not really sure what a Mining Crystal bump would do when you consider the fact that there just aren't enough low end rocks to grab on to when you account for two things.

(1) Yes there are more belts in null than low sec and empire combined but there just isn't enough low end rocks to really make a big impact.
(2) You can't assume that Hulks / Multi-Boxing Fleet guys are going to jump around systems looking for Belts to settle into, the price doesnt matter when you account for the risk of the hulk. Null sec mining is a high risk event to begin with, at most you will go to a system next door but you never go to a system where you don't ahve a station or a corporate POS to deposit personal ore in or safe up when neuts show up.

That being said...

Mining Crystal Changes dont really fix a problem however the following might be options worth entertaining.

(a) Make Null Sec Belts shaped more like Empire Belts where most can be reached from a single location, then add a ton of low end rocks to them to chew on. You have more hulks opportunities in belts for PVPers to chase, and the buff would be equal to sov holding entities as well as NPC null sec space.

(b) Make Small / Med / XL changes. Don't decrease the high end composition (ABCM) but greatly increase the Low End rock composition so there's a reason to be in these belts besides a quick cherry pick. Leave the Large Grav site - working as intended. You aren't going to reposition them every 20 mintues in pursuit of low ends. But when you can pull up and sit in a site for hours and pull in what you need, when contrasting the logistics of bring it in from empire it starts making sense to grab it.

In summary, from a pro miner, if mining crystal changes are the CCP solution, if you got the isk buy the low ends now because it aint gonna get cheaper.

LESSON: Never assume someone is always going to chase the ISK without accounting for the logistics or risk.
Vincent Athena
Photosynth
#18 - 2012-03-13 18:21:15 UTC
In null sec industry upgrades give you an endless supply of rocks in the system. But to get a new site to spawn you got to mine out the old one, and few want to mine the low end roids, they all go for the ABC ores. Crystals that speed up mining the low ends would help that situation.

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IonHammer
Brutor Tribe
Minmatar Republic
#19 - 2012-03-13 22:39:01 UTC
I remember mining in Y2-ano Fountain years ago in a barge, was the early days when BOB went to delve. The main issue i see in null sec barge mining is the cycle time and when someone drops into local and you bail you loose too much ore.

Better options are always get the cycle time down. Or much better get miner barge drones for the cap indy ships so they can lurk at a pos and have some sort of beacon or roid painter to mark the target for the drones.

Either way you need to do work on making barges more effective overall not just mining ore.

Lets face it put your hands up those that have bubbled the in gate of a dead end system so they have the warp out time needed, (T3 fixed that solution) what about mining in cyno jammed system (Black ops).

There is still a lot of work to get done b4 you see the price of trit drop to 2 IMHO.
JitaPriceChecker2
Doomheim
#20 - 2012-03-13 23:19:08 UTC
Brock Nelson wrote:
Reading the thread on Reddit, if CCP does go forward with introducing this new crystal along with others for different ore, I doubt trit would see much drop in price.

If you're a miner in null space, would you mine for Trit or Zydrine? I could see high end mineral dropping in price (especially nocxium), but not low end.

Edit: Mineral Value - I think this is the mineral value that CCP is trying to aim for.


You have no idea how much tritanium is a bottleneck in 0.0


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