Market Discussions

lemme guess, afk cloaking?

Basically given the market fundamentals, the price simply must rise until demand is reduced to the new, lower supply. OTEC's job is to speed that price rise up, rather than create an artificial rise. That's a lot easier, and the things you need to do don't require any sort of trust which makes it much easier. Our enemies aren't worried I'm going to cheat if I say "hey we're all going to relist our orders 10k higher right now, then resume .01isking each other": they would be if I said "lets not sell any tech this week".

We shall price our T2 ships in accordance.

What if they restored the drone alloy drops but made them refine into moon goo rather than minerals??

Well I guess we could argue a list few RL causes of Inflation to see i they pertain to the game of Eve... say

The one I think is pertenant with OTEC I've stolen a few lines from what an economist in Forbes wrote so here:
-Cause of Inflation: Market Power
First, the economic agent could have market power. This means they have the ability to avoid (at least to some extent) competitive pressures. It is the latter that forces firms to please consumers. Adam Smith wrote in 1776 that we cannot trust the undertakers of business to look out for anyone but themselves, and so we must handcuff them. But not with markets, per se, with competition, and the two do not always go hand in hand. The OPEC oil cartel in the 1970s and 1980s is a classic example of marker power. Had there been other viable sources of what they sold, they could not have restricted supply and driven up prices as they did because the competition would not have allowed them to do so. We would have just bought oil (or a close substitute) from someone else. Up to late 1973, they lacked the political will to set strict quotas among the various exporters. But, once the motivation was provided by US involvement in the Yom Kippur War, they made a conscious decision to raise prices by cutting supply. And because they were able to avoid competition, it worked! Even though households do not buy barrels of oil, it caused terrible inflation. It drove up the prices of anything that used petroleum or petroleum-based products, it raised the price of gas and, therefore, anything that needed to be transported, and it caused inflation in other energy sources as users shifted to those products. Market power–not money growth–caused this inflation. The money supply only rose as a result of the fact that firms and consumers took out larger loans and sold assets for cash. The Federal Reserve acted as it should have done in these circumstances, accommodating this increased demand.
(Of course having market power does not give carte blanche to raising prices. Even monopolists can only charge so much before consumers stop buying their products.

-Another Cause of Inflation: Demand Pull ( I guess a big war like Jita burns or Hulkageddon many be at work here soon? )
-Another Cause of Inflation: Asset Market Boom ( dunno if this is occuring in Eve ?)
and finally what we're seeing with the Drone Nerf:
Cause of Inflation: Supply Shock

(DN: please add other inflations causes I admit t not being an economist & would like to see them )

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On a side note Dunno i we'll truely get anywhere close to Hyperinflation but here's a a definition I found today:
The International Accounting Standards Board ('IASB') describes hyperinflation as inflation that results in "a cumulative inflation rate over three years approaching 100%, being a compound inflation rate of 26% over a consecutive three year period - and hence any inflation rate that exceeds 26% compounded over a three year period.

Ring mining isn't a major project. I imagine that currently each asteroid has a drop table even though it's only from one thing. (Maybe it's programmed some other way, doesn't really matter).

So if current Arkonor asteroid drop table is this:

100% arknonor.

They could change it to this:

99.9% arkonor
0.1% use moon minerals table instead.

Moon minerals table
0.5% dyspor
0.5% prom
10% hafnium
etc

They have metrics for how many cubic meters of ore get mined in nullsec so it's just a matter of deciding how many cubic meters of moon minerals they'd like instead.

Possibly they may wish to add a location qualifier so nullsec would have to =true for a rock to drop moon minerals. Alternatively they may wish to preserve regionality so tech only appears in the north west etc. So the function would have to check the region the miner was in.

Not utterly simply but compared to wormholes or incursions it's pretty light.

In a real world market your correct, in eve you are not, in the real world for instance, oil is controlled by basically every nation on the planet, just some with more some with less, this makes it impossible for massive market manipulation on a world wide scale that is stable, that and because if the middle east raises oil up massively we would either bomb them or invent new technology that uses other materials for energy. In EVE it doesn't work like that most TECH is concentrated in a single area, meaning if that whole area on the map forms a cartel it will create legitimate inflation on all T2 items, that's because all T2 items are dependent on TECH so when TECH goes up all t2 goes up. In the real world this would lead to innovation of new technologies that don't require TECH, in EVE that isn't an option, so we are forced to either A. bomb the north of the map. or B. put up with the prices increases. Not that I care since I'm making a killing on this market.

(shrugs) That's been true for 5+ years now. Why would it suddenly become different?

If anything, it continues to get easier and easier for a new player to make their first billion ISK. Back when I started:

- Hi-sec ores were worth about 60-80 ISK/m3, now they're worth 150-220 ISK/m3
- The SoE epic arc didn't exist (pays out about 15M or so)
- Incursions didn't exist (although that's about a 2-3 month training plan)
- Planetary Interaction didn't exist (5-8 days gets you up and running making 2-3M/day with 5 planets in hi-sec)
- More ISK sloshing around makes station trading easier as buyers aren't as price-sensitive
- The career mission arcs didn't exist in the new player systems
- T2 modules and ships were about 3x-5x more expensive then they are today (due to invention driving costs down)

okaaaaaaay? Most nullsec alliances fly T1 ships.

But not enough to cause a huge impact from these morons threatening to raise T2 prices.