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Dev blog: Mineral Trade in the Wake of the Battle of B-R5RB (Price Ind

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CCP Phantom
C C P
C C P Alliance
#1 - 2014-03-25 15:27:48 UTC  |  Edited by: CCP Phantom
Rejoice as CCP Recurve brings interesting statistics from the EVE market!

Do you remember the huge battle of B-R5RB in January 2014 with 75 Titans, 370 Dreadnaughts and other ships getting destroyed? CCP Recurve investigates in his latest dev blog if this battle had any impact on the EVE market and if so, how the market reacted.

Additionally the Price Indices for February 2014 are now available and published.

Read all about the mineral market and price indices in CCP Recurve's latest blog Mineral Trade in the Wake of the Battle of B-R5RB (Price Indices – February 2014)

CCP Phantom - Senior Community Developer
Toadfoxx BlacKen
The Saraki Group
#2 - 2014-03-25 15:44:05 UTC
First I guess
Avvalina
DVA Enterprises
#3 - 2014-03-25 15:45:29 UTC
So all that mayhem was absorbed in a matter of days to weeks.

Outstanding.
Ms Michigan
Aviation Professionals for EVE
#4 - 2014-03-25 16:01:25 UTC
Hourly and daily reaction time is what surprised me. Apparently if you are going to "time the market" on short term gains in EVE, you better keep a beat on what is going on hourly.

/me waits for GS Economic Cabala to take advantage of said reaction next time by basically hedging their losses and buying up minerals prior, then selling as the price spikes and ships die.

Billy Hix
Dreddit
Test Alliance Please Ignore
#5 - 2014-03-25 16:03:03 UTC
Avvalina wrote:
So all that mayhem was absorbed in a matter of days to weeks.


There are HUGE amounts of 'stuff' in storage throughout New Eden that people can't be bothered sorting out and shipping, however when the price shoots up they suddenly put in the effort for the extra profit.

As this was a one off event the minerals pulled out of storage quickly managed to balance the market.
Rashnu Gorbani
Federal Navy Academy
Gallente Federation
#6 - 2014-03-25 16:05:16 UTC
Interesting topic, I'd like regular and more detailed analysis of market :) dedicated market and industry devblog perhaps? :)
Lachra
Lachra Corporation
#7 - 2014-03-25 16:51:26 UTC  |  Edited by: Lachra
Clearly this is an indication as to how bloated and over-saturated New Eden has become both in terms of null-sec accumulation of capital ships & high-sec mineral stocks.
GavinGoodrich
Perkone
Caldari State
#8 - 2014-03-25 17:29:55 UTC
I can't NOT read this kind of stuff without some good coffee and a copy of The "cal. navy 4-4 journal" in front of me, hearing how something changing less than 1% still makes a difference of billions of isk and typically can't compute in my thick skull.

Haaaaaalp my head's on fire
Meytal
Doomheim
#9 - 2014-03-25 17:52:43 UTC
So, any progress in suppressing the out-of-control ISK faucets that cause PLEX prices to be continually out of whack compared to the rest of the market?
Soldarius
Dreddit
Test Alliance Please Ignore
#10 - 2014-03-25 18:42:47 UTC
Its very interesting to see the effects of large-scale changes to game mechanics and significant nulsec activities reflected in the various price indices. The Alchemy and moon goo rebalance efforts are clear to see, as well as the removal of meta 0 drops from the loot tables, the removal of Drone Alloys, and the introduction of PI.

What I got of this most recent economic DEVBLOG is that there is a lot of liquid isk floating around right now.

http://youtu.be/YVkUvmDQ3HY
Zappity
New Eden Tank Testing Services
#11 - 2014-03-25 18:59:10 UTC
Ms Michigan wrote:
Hourly and daily reaction time is what surprised me. Apparently if you are going to "time the market" on short term gains in EVE, you better keep a beat on what is going on hourly.

/me waits for GS Economic Cabala to take advantage of said reaction next time by basically hedging their losses and buying up minerals prior, then selling as the price spikes and ships die.


What do you mean, "next time"? Market speculation around patches and large events isn't new by any stretch.

Zappity's Adventures for a taste of lowsec and nullsec.
corporate commander
Stargate Chivalry
#12 - 2014-03-25 21:14:38 UTC
Lachra wrote:
Clearly this is an indication as to how bloated and over-saturated New Eden has become both in terms of null-sec accumulation of capital ships & high-sec mineral stocks.



yet the ship prices are not showing that bloating. ! usually when resources are more abundant the prices of items come down. doesnt seem to be the case any more. people still want old figures for their new stock.. shame really. was kinda hoping it had an impact. i guess it wasnt enough people in the battle. so yea eve is definately bloated.
LUMINOUS SPIRIT
Caldari Provisions
Caldari State
#13 - 2014-03-25 21:19:00 UTC
Now if only CCP put as much effort into curbing rampant cyber-bulling in EVE as in this little chart, would be nice.

But +1 for doing something. Keep it up.
Ms Michigan
Aviation Professionals for EVE
#14 - 2014-03-25 21:21:05 UTC  |  Edited by: Ms Michigan
Zappity wrote:
Ms Michigan wrote:
Hourly and daily reaction time is what surprised me. Apparently if you are going to "time the market" on short term gains in EVE, you better keep a beat on what is going on hourly.

/me waits for GS Economic Cabala to take advantage of said reaction next time by basically hedging their losses and buying up minerals prior, then selling as the price spikes and ships die.


What do you mean, "next time"? Market speculation around patches and large events isn't new by any stretch.


I agree speculation is not new. But from the 5 years I have been playing EVE I have never seen graphs from CCP to validate the actual movement of price/volume of said minerals during large battles. Assuming I am reading the graph pron correctly. Follow?
iskflakes
#15 - 2014-03-25 22:04:08 UTC
B-R was a drop in the ocean, average prices recovered after just two days.

The rate of titan building after B-R increased by maybe 10-15 titans per month, so any price change in minerals would be spread over that time. The price spike only occurred because speculators thought minerals would increase in value long term, but that doesn't seem to have been the case.

-
Grumpy Poster
Imperial Academy
Amarr Empire
#16 - 2014-03-25 22:19:05 UTC
LUMINOUS SPIRIT wrote:
Now if only CCP put as much effort into curbing rampant cyber-bulling in EVE as in this little chart, would be nice.


WTF is "cyber bulling"?
Tsobai Hashimoto
State War Academy
Caldari State
#17 - 2014-03-25 22:59:58 UTC
LUMINOUS SPIRIT wrote:
Now if only CCP put as much effort into curbing rampant cyber-bulling in EVE as in this little chart, would be nice.

But +1 for doing something. Keep it up.


Why dont you bully them back? You have the name Scary in your Alliance title but obviously cant back it up....afraid of a few bumpers? jeez

FYI, I dont ever get bumped in low sec.... I wonder why.....
Double Oh Mosquito
#18 - 2014-03-25 23:00:37 UTC
Here is an idea... Get rid of PLEX completely; Go to work and pay for your subscription like all hard working individuals? Just a thought...

But then again if you divide quantum physics by 2 and add a nanobit of mechanical engineering you may or may not come up with the theory of relativity version 2.8675309!

I personally think hydro-mechanical engineering is where it's at, and figured out that 1 unit of rocket science and a smidge of cayenne pepper could redefine black holes by injecting synth boosters into the singularity and tele-porting midgets to the 18 corners of the galaxy.... yes folks there are 18 corners...

Don't believe me? Then take this study into consideration; A scientist from WTF University conducted an experiment on people who waste their lives whining about useless dung on the internet and concluded that 1 out of 1 were in fact dung themselves and showed no signs of intelligence.

There you have it folks... Straight from the desk of go get a life, EVE is a game, and you CAN divide by Zero!!!
EI Digin
irc.zulusquad.org
#19 - 2014-03-25 23:18:20 UTC
We were being serious when we said "those titans have already been replaced".
Zappity
New Eden Tank Testing Services
#20 - 2014-03-26 00:04:22 UTC
EI Digin wrote:
We were being serious when we said "those titans have already been replaced".

Don't you need to replace the replacements? Or aren't you ever going to lose the new ones?

Zappity's Adventures for a taste of lowsec and nullsec.
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