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Market Warfare - does it happen?

First post
Author
Sointu Luonnotar
Doomheim
#1 - 2014-08-16 22:27:49 UTC
This game is all about fighting other people, so this got me thinking... Are there or have there been any large scale market wars, on the scale of embargoes and such? I recall there used to be a "Technetium Alliance" of sorts, or something similar... Couldn't they cut the supply, in theory, for everyone else? What with cursory glance of the Alliance politics I know, could it be possible for one side to deprive the others of essential minerals/moongoo/stuff they need?

I'm just wondering, and since this is the stuff that rarely gets written down in history like major battles, does this sort of thing happen in the game in general?
Schmata Bastanold
In Boobiez We Trust
#2 - 2014-08-16 22:33:24 UTC
Something like this? Nope, never happens...

Invalid signature format

Jonah Gravenstein
Machiavellian Space Bastards
#3 - 2014-08-16 22:35:52 UTC
Couple of the top of my head.

OTEC (the tech cartel you refer to)

The ice interdictions where goons and friends attempted to artificially increase the price of ice products by making sure that ice mining came with a high chance of exploding.

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack

Sisohiv
Center for Advanced Studies
Gallente Federation
#4 - 2014-08-16 23:34:24 UTC
There have been manipulation efforts. Creating sanctions is pretty hard to do in EVE. If there was a Corporate manufacturing system it would have some legs but the stacking system makes that difficult to implement.

The best they can do is create a corporate, distribution tag and associate that to who is selling it.
Grimpak
Aliastra
Gallente Federation
#5 - 2014-08-17 00:28:07 UTC
Sointu Luonnotar wrote:
I'm just wondering, and since this is the stuff that rarely gets written down in history like major battles, does this sort of thing happen in the game in general?


quite, quite more than you think. much less than it should

[img]http://eve-files.com/sig/grimpak[/img]

[quote]The more I know about humans, the more I love animals.[/quote] ain't that right

Chopper Rollins
Republic Military School
Minmatar Republic
#6 - 2014-08-17 01:27:26 UTC
Sointu Luonnotar wrote:
...
I'm just wondering, and since this is the stuff that rarely gets written down in history like major battles, does this sort of thing happen in the game in general?


For any outfit bigger than a few hundred people it's mandatory.
I know a couple of guys it's all they do really. They get a charge out of buying up enemy markets and flipping, stockpiling, flooding, gouging, trolling and generally messing up the whole purchase and distribution of things.
You want to get things to your people you have to use contracts, this protects you from disruptive marketeers outside and selfish profiteers inside.
If you're playing pocket-change card games, the guy who brings the hat box full of coins is eventually going to absorb everybody else's money, even if the small fry get the occasional big win. It's a principle of how money works, large amounts attract and absorb smaller amounts, conflicts are rarely extended and the end result is one entity owning all assets and currency.



Goggles. Making me look good. Making you look good.

Sibyyl
Garoun Investment Bank
Gallente Federation
#7 - 2014-08-17 01:32:06 UTC
Schmata Bastanold wrote:
Something like this? Nope, never happens...

Are there other examples? If this is the only example, then it's quite the unicorn..

Joffy Aulx-Gao for CSM. Fix links and OGB. Ban stabs from plexes. Fulfill karmic justice.

Quinn Hatfield
The Scope
Gallente Federation
#8 - 2014-08-17 01:33:30 UTC
You'll also see groups manipulating the market in their favor by creating a demand for the stuff they produce. More than a few gankers have alts that produce both the ships they gank, and the ships they gank with.

Explosions drive sales.

I don't burn bridges, I merely steal a bolt a day.

Sibyyl
Garoun Investment Bank
Gallente Federation
#9 - 2014-08-17 01:39:48 UTC
Quinn Hatfield wrote:
You'll also see groups manipulating the market in their favor by creating a demand for the stuff they produce. More than a few gankers have alts that produce both the ships they gank, and the ships they gank with.

Explosions drive sales.

Haven't seen any significant market price impact to ships of either kind that you mention. Profiting on the side isn't the kind of activity OP is talking about.

Joffy Aulx-Gao for CSM. Fix links and OGB. Ban stabs from plexes. Fulfill karmic justice.

Jonah Gravenstein
Machiavellian Space Bastards
#10 - 2014-08-17 01:59:38 UTC
Sibyyl wrote:
Quinn Hatfield wrote:
You'll also see groups manipulating the market in their favor by creating a demand for the stuff they produce. More than a few gankers have alts that produce both the ships they gank, and the ships they gank with.

Explosions drive sales.

Haven't seen any significant market price impact to ships of either kind that you mention. Profiting on the side isn't the kind of activity OP is talking about.
Probably referring more to localised increases in demand and the subsequent volume that comes their way rather than actual price manipulation.

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack

LUMINOUS SPIRIT
Caldari Provisions
Caldari State
#11 - 2014-08-17 02:23:14 UTC
yes, manipulations happen. I did a few myself. nothing massive, only a few 10s of billions at a time, but there are definite manipulation fights going on.
Serene Repose
#12 - 2014-08-17 03:19:30 UTC
There are too many bots operating in the market to influence it manually. Ask some of the bot-hating upper ups who run bots on the market. They're in too deep, and have been at it too long for a mere "player" to make a significant difference. Oh. You can't gank a market bot! Where's this James whatever on this? Obviously oblivious, and naturally so.

We must accommodate the idiocracy.

Herzog Wolfhammer
Sigma Special Tactics Group
#13 - 2014-08-17 05:54:21 UTC
Sointu Luonnotar wrote:
This game is all about fighting other people, so this got me thinking... Are there or have there been any large scale market wars, on the scale of embargoes and such? I recall there used to be a "Technetium Alliance" of sorts, or something similar... Couldn't they cut the supply, in theory, for everyone else? What with cursory glance of the Alliance politics I know, could it be possible for one side to deprive the others of essential minerals/moongoo/stuff they need?

I'm just wondering, and since this is the stuff that rarely gets written down in history like major battles, does this sort of thing happen in the game in general?



I think it happens but not on the scope that people think it happens.

Sometimes you just want to sell something. So you try the simple sale dialog. And some asshat is offering 1 ISK for an item that's worth say 1 million.

It would be nice to see the cost of being a market douche like that increased.


So anyway, you go to the advanced sell dialog and you will see a score of items all one ISK apart from each other. But you just want to sell that one blasted item so you round down to the nearest big number and undercut all of them.

They probably get mad when you do that.

Bring back DEEEEP Space!

Sabriz Adoudel
Move along there is nothing here
#14 - 2014-08-17 07:15:16 UTC
Quinn Hatfield wrote:
You'll also see groups manipulating the market in their favor by creating a demand for the stuff they produce. More than a few gankers have alts that produce both the ships they gank, and the ships they gank with.

Explosions drive sales.



I do this.

I support the New Order and CODE. alliance. www.minerbumping.com

Hasikan Miallok
Republic University
Minmatar Republic
#15 - 2014-08-17 08:04:21 UTC
Sabriz Adoudel wrote:
Quinn Hatfield wrote:
You'll also see groups manipulating the market in their favor by creating a demand for the stuff they produce. More than a few gankers have alts that produce both the ships they gank, and the ships they gank with.

Explosions drive sales.



I do this.



.. and sell the victime a new fitted ship with modules off his ganked one :D



On a small scale its not unusual if the market or mining in a local region (not Sing Laison/ The Forge/etc obviously) is dominated by an individual or small corp to pay mercs to war dec them and force them to move elsewhere. Khanid around Danera last year is a good example of that.
voetius
Grundrisse
#16 - 2014-08-17 08:20:23 UTC
Sibyyl wrote:
Schmata Bastanold wrote:
Something like this? Nope, never happens...

Are there other examples? If this is the only example, then it's quite the unicorn..



The most well-known ones are the Gallente Ice Interdiction and OTEC. There was an attempt at doing a Caldari Ice Interdiction but that seems to be regarded as a failure.

There are a couple of others that I can think of offhand :

* The Long Limb Roes story ( don't have a link but I saved the text of the posts in MD forum, OP was Dream 5 if I remember correctly). Someone is running a variation on this in The Forge at the moment. There is a further variation that involves Exotic Dancers but I haven't worked out all the details of that yet :)

* The manipulation of prices on Caldari Navy Ballistic Controls through an artifact in the way the contract system sorted contracts and prices. This was negated by a change to the contract and the addition of faction mods to the market

Ganking and ship supply tends to produce local spikes in demand as noted above but these quickly smooth out as ship production adjusts and traders move goods from areas of oversupply to areas of undersupply.

Apart from that there is some isk to be made if you know in advance about changes to the ship doctrines of the larger null sec blocs.

Sabriz Adoudel
Move along there is nothing here
#17 - 2014-08-17 08:23:17 UTC
voetius wrote:
Sibyyl wrote:
Schmata Bastanold wrote:
Something like this? Nope, never happens...

Are there other examples? If this is the only example, then it's quite the unicorn..



The most well-known ones are the Gallente Ice Interdiction and OTEC. There was an attempt at doing a Caldari Ice Interdiction but that seems to be regarded as a failure.

There are a couple of others that I can think of offhand :

* The Long Limb Roes story ( don't have a link but I saved the text of the posts in MD forum, OP was Dream 5 if I remember correctly). Someone is running a variation on this in The Forge at the moment. There is a further variation that involves Exotic Dancers but I haven't worked out all the details of that yet :)

* The manipulation of prices on Caldari Navy Ballistic Controls through an artifact in the way the contract system sorted contracts and prices. This was negated by a change to the contract and the addition of faction mods to the market

Ganking and ship supply tends to produce local spikes in demand as noted above but these quickly smooth out as ship production adjusts and traders move goods from areas of oversupply to areas of undersupply.

Apart from that there is some isk to be made if you know in advance about changes to the ship doctrines of the larger null sec blocs.




The main impact ganking has is destabilizing localized prices.

Suddenly, you have gankers in possession of PVE/mining modules they do not want in locations that aren't trade hubs. You also have miners etc in possession of ganking modules from unsuccessful attempts.

Neither have them in sufficient quantities to bother getting top $$$ for them.

So I post regional buy orders on both gank equipment and common mining/PVE modules and then resell them in strategically chosen locations.

I support the New Order and CODE. alliance. www.minerbumping.com

mynnna
State War Academy
Caldari State
#18 - 2014-08-17 15:47:13 UTC
Funnily enough OTEC sought to do exactly nothing in the way of price controls or withholding supply. We didn't have to - the game withheld supply for us, that's why prices got so high in the first place. This is also partly why NOTEC failed. Organizing an artificial supply limiting cartel is actually fiendishly difficult in EVE when any and every participant can simply undermine you via selling by an alt, and all the moreso when there's already a naturally occuring supply limit as was the case with Technetium. The undersupply of Tech meant that there would always be a portion of Neo that couldn't be used, so to try to undersupply Neo you'd have to withhold that much more of it.

Of course, there may have been other efforts to undermine the concept as well.

These days the CFC holds a third to a half of the R64s in the game, and only a few scant drops of that actually make it to the market, at least in raw goo form. Instead it's reacted, either by alliance logisticians or after being sold to private members of the alliance. If you've ever looked at reaction profits lately and wondered why they often seem so low, that's it - 1800 reaction towers in Goonswarm Federation alone. There's nothing really all that organized about it (beyond structured sales of materials and guides on how to run a farm, anyway) so it might be a stretch to call it "warfare"...but it definitely has its effect on the markets.

People've already touched on the idea of relisting in staging systems and whatnot as well, though relisting right there in Jita and messing with key elements of hostile doctrines is a thing that happens as well.

The thing about market warfare is that while it does happen the effects aren't really flashy or obvious, which leads to questions like this thread. I've personally cost hostile alliances and players dozens or quite likely hundreds of billions of isk over the years, just not in any way that has a killboard record.

Quote:
There are too many bots operating in the market to influence it manually. Ask some of the bot-hating upper ups who run bots on the market. They're in too deep, and have been at it too long for a mere "player" to make a significant difference. Oh. You can't gank a market bot! Where's this James whatever on this? Obviously oblivious, and naturally so.

How naive you are. To anyone with a little bit of savvy, the bots - which are not nearly as prolific as you or most other people think - are just another tool to be used in manipulating the market.

Member of the Goonswarm Economic Warfare Cabal

Serene Repose
#19 - 2014-08-17 16:16:20 UTC
mynnna wrote:
Quote:
There are too many bots operating in the market to influence it manually. Ask some of the bot-hating upper ups who run bots on the market. They're in too deep, and have been at it too long for a mere "player" to make a significant difference. Oh. You can't gank a market bot! Where's this James whatever on this? Obviously oblivious, and naturally so.

How naive you are. To anyone with a little bit of savvy, the bots - which are not nearly as prolific as you or most other people think - are just another tool to be used in manipulating the market.
So you say. So you say. I heard the word of Goonwaffle is gospel...if you believe in that sort of thing.

We must accommodate the idiocracy.

mynnna
State War Academy
Caldari State
#20 - 2014-08-17 17:00:21 UTC
I'm glad you've come to acknowledge the weighty Truth of our word.

Member of the Goonswarm Economic Warfare Cabal

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