Market Discussions

I am working on a new free tool, that of course will be mostly useful to fellow MD-ers.

I am still at the planning phase and I have some choices to do. Since I don't know of VPS plans providing huge hard disk space at super low cost, I'll have to limit market data gathering to either:

- Jita

- Jita whole system

- The Forge region


I know the answer is not black and white, but if you had to choose, would you prefer seeing prices based on Jita only, on its system or its whole region?
That is, are The Forge prices relevant to your operations or do you usually filter them out and just focus on getting the best Jita IV deals?

Thank you!

I hope who reads this thread won't think I am trying to "steal" or make public his strategies or whatever.

Actually, if you feel it'd be smarter to setup a proper, anonymous poll on a polls website please tell me.

I have moved into the trading game recently after a 6 year absence from EVE. At the moment with the low Capital levels I am trading with, Jita 4-4 is basically all I am looking for. That might change as I aquire more Capital and move my market activity to other places/other items.

Basically I would say Jita 4-4, especially considering that some people use bids in far away (typically lowsec) locations to manipulate prices. However, that would leave capitals out of your tool which may or may not be an aspect to consider.

Maybe Jita 4-4 for everything plus Forge region for selected items?

And maybe add Amarr, too, if that's somehow possible? There's often significant difference in price ranges between Jita and Amarr that make it worthwhile to move stuff from one hub to the other. (Yes, that can be said about Dodixie, too... but Amarr is closer and is a bigger market. With that being said, if it's not too much to ask.... .)

Stick to 4-4. All our internal tools do and it is fine.

Jita system IMO, as in my experience (in Dodixie based trading) an item posted at Dodi 9-9 (not the hub) will sell over one in 9-20 if it is 0.01 ISK lower.

Then the buyer gets annoyed when they realise what they did.

Out of all the transactions this month on Mogul and 1300 different stations, over half of them were in Jita 4-4. That seems like the most logical choice!

I'll put Rens as well. If anything, because I was born around there.

Of course.

As I have posted on another game forum, markets left to themselves tend to self optimize. One of the biggest optimizations available is to spread and share price information. Players unconsciously participate in markets - actually they form the markets - and they end up min maxing them.

A typical example are NN uncorrelated hubs with private pricing information. This is the "golden age" - usually the first months to first years - in a MMO where people can make serious money with markets arbitraging.

Then "stuff happens" and a trade hub (for any reasons) becomes a bit more important than the others.
Then "stuff happens" and prices become centralized. Websites a la EvE Central appear. Slow, prices are painful to upload and so on.

The second phenomenons makes the first evolve quicker, a positive feedback ties the two.

The trade hub becomes more and more important, taking away from the others.
On the other side, the original "EvE Central" acquires new technologies to upload and sync prices quicker and easier. The first "competitor" market data websites appear and they also start an optimization - competition process that makes everyone involved improve ... or disappear.

The trade hub becomes THE trade hub. It's almost pointless to even manufacture stuff away off it, because that means time and costs to ferry products over there. Entire regions get drained of players, many move closer to THE trade hub.
Imagine a light bulb growing brigther and increasingly attract moths...

Websites now have real time market data streaming. No need to even start the EvE client if not to place trades.

EvE engineered markets inefficiency and segregation has just been defeated.

This happens on most MMOs, usually in a way quicker way, usually leading to a worthless economy with stuff only worth being sold when large scale farmed by bots.

Jita , i doubt anyone would buy or sell something even to the nearest station in the same system unless extreemly motivated