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Periodic Melted Nanoribbon Post - Buy Now!

Author
Cista2
EVE Museum
#21 - 2014-12-08 13:34:35 UTC
RAW23 wrote:
But if you look at the orders in between them you can see that they are clearly there to 'stack' the market and make it look like lots of people are trying to sell for lower prices by pushing the higher prices off the page of orders that anyone bringing stock to market will see at first glance.

I want my user interface to show that too!

My channel: "Signatures" -

RAW23
#22 - 2014-12-08 14:33:35 UTC  |  Edited by: RAW23
Cista2 wrote:
RAW23 wrote:
But if you look at the orders in between them you can see that they are clearly there to 'stack' the market and make it look like lots of people are trying to sell for lower prices by pushing the higher prices off the page of orders that anyone bringing stock to market will see at first glance.

I want my user interface to show that too!


Just look at the dates the orders were set Blink

There are loads of small orders, all at the current price point, that haven't been updated for the last ten days or more. It was the same with the long list of orders below the current price that have now been cleared. And you can see it again in the interval between 4.1 and 4.5mil. You can also see that lots of them are clustered - 2 or 3 orders set very close in time together, then a gap of a few hours followed by another cluster.

Edit - Note also the evidence of backfilling the stacked orders. The order of 866 units at 3859999.01 was set after the order below it. See also the 3 unit order at 3863009.25, which was set 7 days after 10 of the orders that are fractionally below it in price (but set on a 7 day timer rather than 90 day to make this fact less obvious). There's two more with the same pattern slightly above too (118 units and 58 units). And the big blocking stack of 2.8k units, which has now been updated was updated after three of the orders below it, apparently making no attempt to actually get to the top of the list. That's because it's not meant to sell - it's meant to encourage other people to sell at a lower price point.

Of course, I could just be seeing patterns where there are none Big smile

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Tear Jar
New Order Logistics
CODE.
#23 - 2014-12-09 17:53:39 UTC
Well patch just hit. How long should I hold onto my billions in nano ribbons?
RAW23
#24 - 2014-12-09 18:09:52 UTC
Tear Jar wrote:
Well patch just hit. How long should I hold onto my billions in nano ribbons?


RAW23 wrote:

They are currently being aggressively held down to the current price (note the big blocking sell orders plus the small orders giving the illusion of lots of competition for sales) but when that pressure is taken off they will spike and settle at a considerably higher price (exactly where is anyone's guess but I suspect at least 25% above where they are now).


Until either the downwards manipulation stops or the upward pressure burns through it. No idea which will happen first (you'll note that at no point did I suggest that this was a quick turnaround suggestion or a 'patch day' investment). The upwards pressure has already burnt through a quite considerable stock of the blocking orders but it's anyone's guess as to when the tipping point will be. My own best guess is under a month.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Cista2
EVE Museum
#25 - 2014-12-09 19:59:19 UTC
RAW23 wrote:
And the big blocking stack of 2.8k units, which has now been updated was updated after three of the orders below it, apparently making no attempt to actually get to the top of the list.
I do that a lot though, if there are puny orders that should better be neglected. I don't do it to earn 0,02 more isk per unit of course, so if that is the case then it's interesting.

Thanks for the tip about orders clustered in time, that is really helpful *dives into some annoying item price tables that are probably trying to scam me*.

My channel: "Signatures" -

RAW23
#26 - 2014-12-09 20:25:53 UTC
Cista2 wrote:
RAW23 wrote:
And the big blocking stack of 2.8k units, which has now been updated was updated after three of the orders below it, apparently making no attempt to actually get to the top of the list.
I do that a lot though, if there are puny orders that should better be neglected. I don't do it to earn 0,02 more isk per unit of course, so if that is the case then it's interesting.

Thanks for the tip about orders clustered in time, that is really helpful *dives into some annoying item price tables that are probably trying to scam me*.


Sure - often you won't bother updating to get ahead of small orders below you. But when you do update you would almost certainly put yourself on top rather than aiming for the fourth spot if there is only 0.05 isk difference between the two positions.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Phoenix Jones
Small-Arms Fire
#27 - 2014-12-09 20:51:00 UTC
The prices are too low atm for nanoribbons and should go up, but it's not because of the tactical destroyers, as those only take 2 ribbons to build.

Gas should be your investment. Until there is a mass of people huffing low end gas, expect the price to rise, a lot.

Nanoribbons below 3 is a good buy if you can find them. Most likely they'll drop again when t3 changes are announced.

In other words, there are better options imo.

Yaay!!!!

Jerry T Pepridge
Meta Game Analysis and Investment INC.
#28 - 2014-12-09 22:16:20 UTC
Tear Jar wrote:
Well patch just hit. How long should I hold onto my billions in nano ribbons?


The bag is just going to get heavier and heavier, now the patch has hit, we are + 100 new WH systems. + Thera (no ratting there tho)

heres a thread with some of the new systems mapped out.

For those that don't know or are hisec players like OP, these nanoribbon drop from the salvage of the NPC wrecks in the WH "sites", like any system there is 100% scannable sites (and sites that you need to probe down, mining/gas,relic, data that have NPC also) that don't need to be probed down. These are the bread and butter of WH profits.

These new systems, will connect to Existing WH owners, Hisec, lowsec, nullsec.

For instance a C6-c3 static, means the owners live in a C6 & do the escalations, but also gives players the option of running the C3 sites from the neighbouring WH. these connections typically last 16-24 hours. these connection holes have mechanics that open > close hole using Mass of ship, its a fine art, but most WH corps can open and close holes, so if nothing in neighbour, they close and connect to new "juicy" system.

so all this info means what?

what you are seeing is panic selling, nothing more. no great mastermind pinning prices down when theres no new buy orders placed (only 1 guy @3.7m likely some idiot reading this about to be dunked) who will almost certainly be holding the same bag you are.

ill take them off your hands for ~500k a piece.

So, Gas will go up, as "aint nobody got time for dat" WH salvage loot will drop across the board.

TL:DR Don't listen to anyone in EVE.

Especially a thread where i beleive OP knew the price would drop, and made this thread to palm off his liability to you people.

@JerryTPepridge

RAW23
#29 - 2014-12-10 15:08:13 UTC
Jerry T Pepridge wrote:

what you are seeing is panic selling, nothing more. no great mastermind pinning prices down when theres no new buy orders placed (only 1 guy @3.7m likely some idiot reading this about to be dunked) who will almost certainly be holding the same bag you are.



I'm sure those 20 orders set between 3.861mil and 3.864mil that haven't been updated for ten days are panic selling. Nothing odd about them, no sirreee Blink

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Grey Havens
Middle-Earth
#30 - 2014-12-10 17:20:29 UTC
Jerry T Pepridge wrote:

Especially a thread where i beleive OP knew the price would drop, and made this thread to palm off his liability to you people.

QFT
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#31 - 2014-12-10 21:49:11 UTC
RAW23 wrote:

I'm sure those 20 orders set between 3.861mil and 3.864mil that haven't been updated for ten days are panic selling. Nothing odd about them, no sirreee Blink


i could show you a screenie of candy's transaction for that item, but you would likely not beleive me.

btw its 3.79 now with a 743 ~blocking~ order.

do you still have 4b of these, or have u dumped them.

@JerryTPepridge

Sabriz Adoudel
Move along there is nothing here
#32 - 2014-12-10 23:08:23 UTC
Threads like these are the reason I don't buy into markets unless I clearly understand the underlying production and end use dynamics of an item.

I somewhat know that MNs come from Sleeper salvage and that they are the limiting reagent in producing strategic cruisers, but I don't know what else goes into T3s, or if the introduction of tactical destroyers will change the overall limiting reagent.

So, I'll just sit back and watch the trainwreck while buying Item X in preparation for the multiboxing changes.

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

Jerry T Pepridge
Meta Game Analysis and Investment INC.
#33 - 2014-12-10 23:30:53 UTC  |  Edited by: Jerry T Pepridge
Sabriz Adoudel wrote:
Threads like these are the reason I don't buy into markets unless I clearly understand the underlying production and end use dynamics of an item.

I somewhat know that MNs come from Sleeper salvage and that they are the limiting reagent in producing strategic cruisers, but I don't know what else goes into T3s, or if the introduction of tactical destroyers will change the overall limiting reagent.

So, I'll just sit back and watch the trainwreck while buying Item X in preparation for the multiboxing changes.


i clicked like on your post coz it was edgy.

@JerryTPepridge

RAW23
#34 - 2014-12-10 23:38:08 UTC
Jerry T Pepridge wrote:
RAW23 wrote:

I'm sure those 20 orders set between 3.861mil and 3.864mil that haven't been updated for ten days are panic selling. Nothing odd about them, no sirreee Blink


i could show you a screenie of candy's transaction for that item, but you would likely not beleive me.

btw its 3.79 now with a 743 ~blocking~ order.

do you still have 4b of these, or have u dumped them.


Why would I dump them? I posted this thread because I thought the market was at bottom and it was time to buy, not because I thought they would sky-rocket immediately. Patience, young one, patience.

And I'd like to see Candy's screenshot Big smile

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Jerry T Pepridge
Meta Game Analysis and Investment INC.
#35 - 2014-12-10 23:43:51 UTC  |  Edited by: Jerry T Pepridge
http://i.imgur.com/9vuRqso.jpg

EDIT: Talon leatherwood is a weird name.

@JerryTPepridge

Grey Havens
Middle-Earth
#36 - 2014-12-11 03:17:02 UTC
RAW23 wrote:
Jerry T Pepridge wrote:
[quote=RAW23]
do you still have 4b of these, or have u dumped them.


Why would I dump them? I posted this thread because I thought the market was at bottom and it was time to buy, not because I thought they would sky-rocket immediately. Patience, young one, patience.

Maybe you're not dumping them, but your alt certainly is. And yes, I have screesnshots, but you don't need to see them to know that you're lying.
HeXxploiT
Doomheim
#37 - 2014-12-11 04:04:31 UTC  |  Edited by: HeXxploiT
Hannah Flex wrote:
HeXxploiT wrote:
For those who don't know how to read a chart...

Clearly nanoribbens have been manipulated over the past 2 months.


What exactly was, is manipulated and how?
If its so "clearly" than why do i have problems seeing any "manipulation" at all, all i see is a curve that did follow supply and demand.



http://i.imgur.com/9jXVsF2.jpg

If you look at late October it's evident that someone bought up a sizable chunk of these right off the sell and flipped them for a higher price hence the overnight explosion in price and hasty retreat as the influx of new ribbens corrected the price over the following days. Orders on the 30th Oct of 24,000 more than doubled the average daily volume and supports this idea.

Very basis chart analysis.
Hannah Flex
#38 - 2014-12-11 10:20:01 UTC  |  Edited by: Hannah Flex
HeXxploiT wrote:
Hannah Flex wrote:
HeXxploiT wrote:
For those who don't know how to read a chart...

Clearly nanoribbens have been manipulated over the past 2 months.


What exactly was, is manipulated and how?
If its so "clearly" than why do i have problems seeing any "manipulation" at all, all i see is a curve that did follow supply and demand.



http://i.imgur.com/9jXVsF2.jpg

If you look at late October it's evident that someone bought up a sizable chunk of these right off the sell and flipped them for a higher price hence the overnight explosion in price and hasty retreat as the influx of new ribbens corrected the price over the following days. Orders on the 30th Oct of 24,000 more than doubled the average daily volume and supports this idea.

Very basis chart analysis.


I assume your are not a T3 producer, so let me shed some light on the MNR spike.

The spike in late October was do to the fact that the BOM of the 3 "minor" subsystems was changed, which meant that you could produce those subsystems for around 15m and sell them later for 40-60m using the new BOM. So every T3 producer that was not living under a rock, squeezed out every billion of isk they could get and produced those changed subs until the patch hit. Even at a 8-10m price-point for MNR your would still had make a very good profit. The problem was that at some point in the following days some of the needed other materials where completely sold out in EvE, so that there was no point in buying more MNR at even higher prices. That was the only reason you see this crazy spike, not T3 destroyer, not market manipulation.

Than ofc after the patch hit prices went back to normal and the current low is also do to the fact, that many producers did sit now on thousands of subsystems they needed to sell over a longer period of time (1-2 month), while most of there cash was "frozen" this way. So they ofc took breaks from normal production cycles and demand for MNR slowed down.
RAW23
#39 - 2014-12-11 10:29:11 UTC
Grey Havens wrote:
RAW23 wrote:
Jerry T Pepridge wrote:
[quote=RAW23]
do you still have 4b of these, or have u dumped them.


Why would I dump them? I posted this thread because I thought the market was at bottom and it was time to buy, not because I thought they would sky-rocket immediately. Patience, young one, patience.

Maybe you're not dumping them, but your alt certainly is. And yes, I have screesnshots, but you don't need to see them to know that you're lying.


You're wrong but never mind. What you are seeing is that Kara is continuing to trade the margin on that item, like she does on 160 others.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Grey Havens
Middle-Earth
#40 - 2014-12-11 14:14:46 UTC
RAW23 wrote:
Grey Havens wrote:
RAW23 wrote:
Jerry T Pepridge wrote:
[quote=RAW23]
do you still have 4b of these, or have u dumped them.


Why would I dump them? I posted this thread because I thought the market was at bottom and it was time to buy, not because I thought they would sky-rocket immediately. Patience, young one, patience.

Maybe you're not dumping them, but your alt certainly is. And yes, I have screesnshots, but you don't need to see them to know that you're lying.


You're wrong but never mind. What you are seeing is that Kara is continuing to trade the margin on that item, like she does on 160 others.

Apologies for the harsh tome of my above post, and thank you for the explanation.