These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
 

Megacyte and Zydrine prices

First post
Author
virm pasuul
Imperial Academy
Amarr Empire
#121 - 2015-04-24 09:53:41 UTC
It's not SKINS or PLEX.
Sabriz Adoudel
Move along there is nothing here
#122 - 2015-04-24 11:26:01 UTC
virm pasuul wrote:

EDIT to add.
This new gold rush has it's higher risk mitigated by the fact that the stuff is actually useful to the right people. At the moment if you are holding a huge stack of megacycte or zydrine you are effectively shafted if you can't move it. It's consumed in such small quantities that holding a large stockpile is holding a dead item. The new gold rush does not suffer that issue, or at least for the right characters it doesn't.

PS I skipped a gold rush in the ship skins, but it's too late now if you missed it.



It's the key component for Tactical Destroyer invention. I was going to buy into them but I fear I've missed the opportunity. Not buying them at present prices although I may regret this decision.

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

GankYou
9B30FF Labs
#123 - 2015-04-24 12:02:29 UTC  |  Edited by: GankYou
While the SKINs can also be considered as raw via BPCs, there are other raw resources in mind.

So much raw stuff to buy, must buy all the things. Sad

Sabriz Adoudel wrote:
virm pasuul wrote:

EDIT to add.
This new gold rush has it's higher risk mitigated by the fact that the stuff is actually useful to the right people. At the moment if you are holding a huge stack of megacycte or zydrine you are effectively shafted if you can't move it. It's consumed in such small quantities that holding a large stockpile is holding a dead item. The new gold rush does not suffer that issue, or at least for the right characters it doesn't.

PS I skipped a gold rush in the ship skins, but it's too late now if you missed it.



It's the key component for Tactical Destroyer invention. I was going to buy into them but I fear I've missed the opportunity. Not buying them at present prices although I may regret this decision.


https://www.fuzzwork.co.uk/market/marketdisplay.php?typeid=34412&regionid=10000002
https://www.fuzzwork.co.uk/market/marketdisplay.php?typeid=34414&regionid=10000002
https://www.fuzzwork.co.uk/market/marketdisplay.php?typeid=34416&regionid=10000002

Looks alright. vOv

I have my Agents working in the T3D Changes thread of the Features & Ideas section, in order to get them nerfed even more, because they are killing the healthy smaller ecosystem. Literally killing. Cry

Even if they reverted back all of the attribute changes, manufacturing these post-patch won't be profitable for many months to come thanks to overproduction which is happening now. Pirate
Sabriz Adoudel
Move along there is nothing here
#124 - 2015-04-24 12:47:14 UTC
Oh, I'm not talking about building Confessors or Svipuls.

It's Jackdaws on release day that I'd be doing if I was trained appropriately.

I had made a mental note to buy up those things but didn't pull the trigger on it, forgot, and as a result have very little stock.

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

GankYou
9B30FF Labs
#125 - 2015-04-24 12:53:00 UTC  |  Edited by: GankYou
If the other two destroyers come adjusted, then I doubt people would be paying 70m to fly those. Blink However... scrap that - they used to pay twice the amount for frigates. Big smile
Sabriz Adoudel
Move along there is nothing here
#126 - 2015-04-24 13:20:35 UTC
GankYou wrote:
If the other two destroyers come adjusted, then I doubt people would be paying 70m to fly those. Blink However... scrap that - they used to pay twice the amount for frigates. Big smile

You underestimate people's willingness to try the Big New Thing.

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

GankYou
9B30FF Labs
#127 - 2015-04-24 13:38:52 UTC  |  Edited by: GankYou
That new big thing will also be efficient at what it is intended to do. Agreed, double the price of Interdictors could be reasonable for some time. Smile

Back on topic: I find there is no great pressure to sell an asset in Eve, following a major move on the news of fundamental change in its essence. Even the people who got in on Megacyte around the 2480 ISK p/u level, their unrealised loss is only at 24% currently, so long as they don't sell.

In the leveraged other real world beyond The Eve Gate, this move would develop further down as the stakes are very high and the stops are very tight. Smile The absence of short-selling further prevents larger corrections, as the initial buyers, having enjoyed the move up, don't initiate sell positions after closing on their buys.

The only inconvenience, in this particular case of Zyd & Mega, is having your capital locked into these minerals for a few weeks to a month, or whenever the price reaches break even. Blink
virm pasuul
Imperial Academy
Amarr Empire
#128 - 2015-04-24 15:31:07 UTC
Sabriz Adoudel wrote:
virm pasuul wrote:

EDIT to add.
This new gold rush has it's higher risk mitigated by the fact that the stuff is actually useful to the right people. At the moment if you are holding a huge stack of megacycte or zydrine you are effectively shafted if you can't move it. It's consumed in such small quantities that holding a large stockpile is holding a dead item. The new gold rush does not suffer that issue, or at least for the right characters it doesn't.

PS I skipped a gold rush in the ship skins, but it's too late now if you missed it.



It's the key component for Tactical Destroyer invention. I was going to buy into them but I fear I've missed the opportunity. Not buying them at present prices although I may regret this decision.


Your next big thing might be that but it's not mine and I don't think it's Gank's either.
Come to think of it I don't think it's yours either. I seem to remember seeing that you already have a good idea of what the next big thing is so I can only assume this is a SECOND attempt by you to deflect attention :)

Ren Oren
Native Freshfood
Minmatar Republic
#129 - 2015-04-24 19:38:53 UTC
GankYou wrote:
That new big thing will also be efficient at what it is intended to do. Agreed, double the price of Interdictors could be reasonable for some time. Smile

Back on topic: I find there is no great pressure to sell an asset in Eve, following a major move on the news of fundamental change in its essence. Even the people who got in on Megacyte around the 2480 ISK p/u level, their unrealised loss is only at 24% currently, so long as they don't sell.

In the leveraged other real world beyond The Eve Gate, this move would develop further down as the stakes are very high and the stops are very tight. Smile The absence of short-selling further prevents larger corrections, as the initial buyers, having enjoyed the move up, don't initiate sell positions after closing on their buys.

The only inconvenience, in this particular case of Zyd & Mega, is having your capital locked into these minerals for a few weeks to a month, or whenever the price reaches break even. Blink


GankYou do you still charge consultation fees for market tips?
GankYou
9B30FF Labs
#130 - 2015-04-24 19:47:13 UTC
Not at this time.

That was a one-time issue newsletter for those entrepreneural enough. Blink I find the lack of short-selling in Eve very limiting with regards to the number of possible different trades one can undertake - it's all BUY, BUY, BUY.

Otherwise, I'd be shorting the shiet out of the Lowend mineral market right now. Big smile
Adunh Slavy
#131 - 2015-04-24 22:24:03 UTC
GankYou wrote:
I find the lack of short-selling in Eve very limiting with regards to the number of possible different trades one can undertake



You can dump the market down to your buy orders, at least to within broker & tax fee range.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

GankYou
9B30FF Labs
#132 - 2015-04-24 22:37:30 UTC  |  Edited by: GankYou
I can see it being done with minimal volume orders, but it is not effective at the levels and time frames that I operate.

However, during a stampede it may as well be - http://i.imgur.com/KxyfTOA.png & http://i.imgur.com/d1ivkAM.png

Therefore, I shall keep 15,000,000 units of Mexallon handy for such an occasion. Pirate

http://en.wikipedia.org/wiki/Short_%28finance%29

Apart from dumping all your current liabilities, i.e. battleship hulls, capital ships, which are exposed to the resources you'd like to short, there is no other effective way to influence the universal market in this regard.
Sabriz Adoudel
Move along there is nothing here
#133 - 2015-04-25 02:01:11 UTC
I'm in the somewhat awkward position of needing a sizable number of lowend minerals each few days at present which has been interesting.

I keep posting buy orders lower each time.

If Mex falls into the 30s I intend to buy several tens of millions of units for something, if a few bigger market actors have similar ideas we may see some support.

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

GankYou
9B30FF Labs
#134 - 2015-04-25 02:50:28 UTC  |  Edited by: GankYou
Mexallon into the 30s p/u would be pre-capitalships bubble, though entirely possible, is Highly unlikely in the post-ISBoxer world - http://eve-markets.net/detail?typeid=36#history

High 40s in the next few months is a more than reasonable scenario, but we should really take this into the appropriate thread - https://forums.eveonline.com/default.aspx?g=posts&t=417056&find=unread Smile

I only report The Forge prices most of the time, as that is the most liquid of the markets. Elsewhere in Empire, prices can be significantly lower already, often on very good volume.
GankYou
9B30FF Labs
#135 - 2015-04-25 19:56:02 UTC  |  Edited by: GankYou


I may have been wrong in my earlier technical analysis of Zydrine.

You see, with liquidity in a particular asset, even whole markets, often being thin, it is hard to ascertain where a particular move ends, and sometimes where another one begins, and I must therefore revise my work in the following manner - http://i.imgur.com/RN4a3YV.png

It is reasonable to assume, then, that true price discovery in this not-exactly clock-work economy, would be along the scope of the average price, and not merely sell orders. Then, the correction does continue, as the current sub-wave "b" of the corrective Wave 2 is about to terminate, or has done so already, which is always followed by a third move down, as the people who went long at the top of the previous bull move (Wave 1 - V), close as many positions as they possibly can.

Buy orders during this time stop chasing the ask price, and are fulfilled quickly and in bulk - speaking of which: When I see 18 million unit single Sell orders on the market - http://i.imgur.com/Ke4ipVX.png - I just close the remaining positions, as I aim not to compete with speculators, especially on this level, http://imgur.com/a/S7eoX#5 - Spot the true demand. Smile

Furthermore, without Lowends rebalancing lower, their share of the cost will not be spread around Zydrine & Megacyte without this glorious event ever happening in the first place, as all Battleship, all Battlecruiser production stops overnight with it becoming unprofitable to manufacture these hulls for a considerable period to come, further depressing the market which barely recovered after the Tiericide.

So, all-in-all, without Entosis links being exploded everywhere - Coming July? Check their BoM! - and without major disruption in Null renter space, coupled with the current JF jump ranges, plus no tangible consumption increase as Tech 1 production enters shock and, in part, suffers paralysis, courtesy of the current Lowend Lion's share of the costs - all this implies Zydrine and Megacyte staying at present levels at best, and likely revisiting sub-1,000/1,800 p/u in the near term.

The lady, who previously had a 41 mil Zyd sell order @ 1510 in Jita and since pulled, but which is now at 70 mil units & counting, will surely supply the economy for months to come - 3,500 battleships-worth under the new inputs!

My only hope right now is that the courier, who yesterday had undertaken to move 10% of my Zyd holdings, will not deliver it to me tonight, as the contract expires in less than 4 hours. One can hope. Cool

If I'm wrong on the whole premise, I will have made less money, if everyone else is right - they'll make more money. Maybe. Blink
Adunh Slavy
#136 - 2015-04-26 05:42:20 UTC
GankYou wrote:
I can see it being done with minimal volume orders, but it is not effective at the levels and time frames that I operate.


No harm in size, but it is the only short we've got.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

EvilweaselSA
GoonCorp
Goonswarm Federation
#137 - 2015-04-27 17:07:49 UTC
GankYou wrote:
I may have been wrong in my earlier technical analysis of Zydrine.

considering that technical analysis is completely discredited nonsense, yes, you will frequently fail to predict the future using it
EvilweaselSA
GoonCorp
Goonswarm Federation
#138 - 2015-04-27 17:11:38 UTC
actual analysis: demand for zyd is going up, supply will be going down tomorrow, these will lead to a new equilibrium price higher than now, which will largely depend on what price miners will demand to supply enough zyd from nullsec anoms instead of ratting

the only delaying factor is the amount of stockpiled zyd, something unknowable from looking at pretty graphs and engaging in the exceedingly well-known phenomenon of seeing patterns to chaotic data that do not exist
virm pasuul
Imperial Academy
Amarr Empire
#139 - 2015-04-27 22:01:46 UTC  |  Edited by: virm pasuul
actual analysis: demand for zyd is going up, TRUE
supply will be going down tomorrow, FALSE
these will lead to a new equilibrium price higher than now, GUESS AND OPINION
which will largely depend on what price miners will demand to supply enough zyd from nullsec anoms instead of ratting TRUE

Your post would be much better off pre bubble but that was a large bubble, it could with ease, as it has already done slip, and slip again and again. It won't return to the pre bubble price but the big question is where does it settle in the short medium and long term?

In my opinion it will fall steadily as people start to realise they are sitting on large stockpiles that are consumed slowly but represent large quantities of illiquid assets they are trapped in. They tried to get on the hype train and got in too late, they now can't sell for fear of losing when others were making fortunes. If they hold on long enough the pain will go away but it's going to hurt having significant ISK tied up in a big pile of rotting Zydrine for days, then weeks, maybe even months. Some are going to get so sick of it they just dump it.
Expect to see a lot of market discussion threads asking for loans as smaller traders trapped in Zydrine have nothing liquid to fuel the day to day trading activities.

If a few slips happen in a row it could really drop, and if people panic it could cascade/snowball surprisingly far.
virm pasuul
Imperial Academy
Amarr Empire
#140 - 2015-04-27 22:18:27 UTC
Logically smaller investors should sell up Megacyte and Zydrine now - even if at a loss - and buy back in later when the price has dropped more. They recoup the drop either as profit, or to offset their losses.

It's the psychological difference between "If I sell now I've made a loss on my investment, if I hang on I should be OK." versus the more logical "OK if I sell know I've made a loss but it's falling, I can buy back in after it falls more, and recoup profit to offset my loss, and still end up with the same holding."

Real life traders find this one of the hardest skills to learn, getting out before additional loss occurs because if they sell now they will make a loss and who wants to sell at a loss? If they just stay in it will recover won't it?