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Jita: Live Market Update - Skill Injector Prices Crashing
Author
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Poddington Bare
Black Mount Industrial
Breakpoint.
#81 - 2016-02-09 21:36:51 UTC
But, but, but...shiny!
Kalgeroth
Doomheim
#82 - 2016-02-09 22:58:03 UTC
Arrow Skill Injectors up to 800m each in Amarr now Attention
Zherpa
Holey Amarrian Inquisition
Grand Inquisitors Federation
#83 - 2016-02-10 00:12:34 UTC
Time to start buying up those minerals, boys and girls. There are a lot fewer miners in New Eden tonight, now that they've respec'd or sold billions of Skillpoints. Blink
Cipher Jones
The Thomas Edwards Taco Tuesday All Stars
#84 - 2016-02-10 00:21:11 UTC
Vincent Athena wrote:
At present prices of injectors and extractors: Eve is now Free to Play.

Train skill.
Buy extractor from the market, with ISK.
Fill extractor
Sell extractor.
Repeat 4 times a month
Result: Sufficient ISK profit to get a PLEX.


It has been since 2008.

internet spaceships

are serious business sir.

and don't forget it
Rhohan
Brutor Tribe
Minmatar Republic
#85 - 2016-02-10 00:42:07 UTC
I just got rid of 36 mil SP I won't be using anymore. Yay Force Aux!
Nice bit of ISK too.
Teckos Pech
Hogyoku
Goonswarm Federation
#86 - 2016-02-10 00:45:32 UTC
Kalgeroth wrote:
PLEX prices are currently 1.30bn Attention

Skill Extractors have currently stabilized in the Jita market at 330m Cool

Skill Extractors should eventually sell for a simple AUR->ISK conversion, as they are not supply limited unlike trained SP.

Skill injectors are still incredibly volatile, moving between 700-750m in both Jita and Amarr in rapid price movements. Idea

Volumes for sale are however low. In the whole of Jita there are perhaps less than 100 skill injectors for sale. It won't take much for prices to soar upwards.Oops


Thin markets are often volatile....Roll

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online
Teckos Pech
Hogyoku
Goonswarm Federation
#87 - 2016-02-10 00:49:21 UTC
Teckos Pech wrote:
Kalgeroth wrote:
PLEX prices are currently 1.30bn Attention

Skill Extractors have currently stabilized in the Jita market at 330m Cool

Skill Extractors should eventually sell for a simple AUR->ISK conversion, as they are not supply limited unlike trained SP.

Skill injectors are still incredibly volatile, moving between 700-750m in both Jita and Amarr in rapid price movements. Idea

Volumes for sale are however low. In the whole of Jita there are perhaps less than 100 skill injectors for sale. It won't take much for prices to soar upwards.Oops


Thin markets are often volatile....Roll


Ahem....

Not a bad initial guess, IMO.

And still waiting for the bubble.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online
Gen Saint
No Fun Entreprise
#88 - 2016-02-10 01:21:15 UTC  |  Edited by: Gen Saint
****... wrong post....
Cipher Jones
The Thomas Edwards Taco Tuesday All Stars
#89 - 2016-02-10 01:37:21 UTC
Quote:
In conclusion, it is not a profitable operation since you must fuel the farming account with approximatively 2200M ISK per year. Did i miss something? Is my undersatnading of the situation correct?


Yeah, not everyone needs more SP.

If you are a mission runner with all 5's in marauders and strategic cruisers and support skills, you can just sell off your SP that you earn. Or a station trader with max trading skills and rep. Basically, all sub cap pilots that dont want to be cap pilots only need a few years training to max out what they do.

internet spaceships

are serious business sir.

and don't forget it
Gen Saint
No Fun Entreprise
#90 - 2016-02-10 01:39:50 UTC
make sense!
Kaivar Lancer
Doomheim
#91 - 2016-02-10 03:17:02 UTC
BUY BUY BUY!
Scipio Artelius
Weaponised Vegemite
Flying Dangerous
#92 - 2016-02-10 03:22:58 UTC  |  Edited by: Scipio Artelius
Kaivar Lancer wrote:
BUY BUY BUY!

Seems a lot of people are:

http://puu.sh/n2kaz/ad988266a5.png

So approximately 60,000 extractors used in the first 10 hours following the release.
Jenn aSide
Worthless Carebears
The Initiative.
#93 - 2016-02-10 03:29:58 UTC
Scipio Artelius wrote:
Kaivar Lancer wrote:
BUY BUY BUY!

Seems a lot of people are:

http://puu.sh/n2kaz/ad988266a5.png

So approximately 60,000 extractors used in the first 10 hours following the release.



lol, I drained an unused alt and bought a jump freighter :)
Tyberius Franklin
Federal Navy Academy
Gallente Federation
#94 - 2016-02-10 03:51:00 UTC
Scipio Artelius wrote:
Kaivar Lancer wrote:
BUY BUY BUY!

Seems a lot of people are:

http://puu.sh/n2kaz/ad988266a5.png

So approximately 60,000 extractors used in the first 10 hours following the release.
It would be interesting to know how much of that SP hit the market vs the amount just shuffled between characters owned by the same player.
Memphis Baas
#95 - 2016-02-10 03:54:30 UTC
I'm thinking CCP will post some stats in a couple days.
Teckos Pech
Hogyoku
Goonswarm Federation
#96 - 2016-02-10 05:53:02 UTC
Interesting, looks like SP will be settling at about 680-700 ISK/SP in Jita....so far.

And initial large supply could be driving the price that low....will be curious to see how it goes forward.

Looks like the overall effect on PLEX has been fairly minimal, as well. Maybe a 10% boost in the cost of a PLEX so far.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online
Kalgeroth
Doomheim
#97 - 2016-02-10 07:38:19 UTC
Cipher Jones wrote:
Quote:
In conclusion, it is not a profitable operation since you must fuel the farming account with approximatively 2200M ISK per year. Did i miss something? Is my undersatnading of the situation correct?


Yeah, not everyone needs more SP.

If you are a mission runner with all 5's in marauders and strategic cruisers and support skills, you can just sell off your SP that you earn. Or a station trader with max trading skills and rep. Basically, all sub cap pilots that dont want to be cap pilots only need a few years training to max out what they do.


Attention This is true
Attention but the number of people who have active training alts who don't need SP + don't want to inject the SP themselves is not going to produce enough SP to satisfy demand, and is likely anyway to be a small number even if they didn't just inject the SP into their own chars

Arrow The thing is, demand is not going away but supply almost certainly will shrink dramatically
Arrow Since 2003, supply in the form of poorly trained characters and unwanted mining skills has been building
Arrow Yesterday, the dam broke and that supply was unleashed on the market
Arrow In the coming weeks, the flood will become a trickle
Arrow It will take 2-3 months for SP farming alts to get over 5.5m SP and start extracting

Attention The result: skill injectors are likely to rise in price in the intervening period, probably quite dramatically as nothing can be done to produce more SP in that time to satisfy demand, no matter how high prices get
Ria Nieyli
Nieyli Enterprises
#98 - 2016-02-10 08:13:33 UTC
Teckos Pech wrote:
Interesting, looks like SP will be settling at about 680-700 ISK/SP in Jita....so far.

And initial large supply could be driving the price that low....will be curious to see how it goes forward.

Looks like the overall effect on PLEX has been fairly minimal, as well. Maybe a 10% boost in the cost of a PLEX so far.


People are dumping PLEX on the market so the could afford injectors.
Dyllan Ma'tar
The Scope
Gallente Federation
#99 - 2016-02-10 08:16:16 UTC
Kalgeroth wrote:


Arrow It will take 2-3 months for SP farming alts to get over 5.5m SP and start extracting



This is assuming there aren't characters being used as SP mules that are already at the 5 mil SP minimum, meaning the time it will take will be the time to train 500k SP. So there will be a core of players that have pulled SP from alts and will be using those alts as mules, surrounded by those who are just getting into the SP farming game. Your not wrong, but that trickle is going to be a bit thicker then your current reasoning is accounting for.
iBLACK MAMBA
The Monocled Elite
#100 - 2016-02-10 08:30:33 UTC
Yesterday, I made 85bn profit thanks to SP price speculation.

I don't mind sharing how I did that, because in all honesty, it can never be repeated.

A few months ago, I started buying up cheap characters on sell forum. I would only consider characters with price of 300k per million SP or less - a price now impossible to attain as people understand the value of extracted skills.

I got some colossal bargains, sometimes paying as little as 220k per 1m SP. Yesterday, I extracted over 120million skillpoints from these characters. According to CCP that is 0.4% of the total SP extracted.

I then purchased from the market and converted 48 plex into AUR, to buy extractors, which was the most ISK efficient way of converting. This provided me with 210 extractors for a price of 270m each. I bought the rest from the market at 290m.

All in all, I invested 35bn in character purchases, 35bn in plex, and 8.5bn in extractors directly from market.

Total investment: 78.5bn
The market value of the extractors is: 163bn

Not bad for a days work Blink My only regret is not getting more accounts to buy up more cheap characters when I could.

However, as indicited by posters above, I now think there will be good ISK to be made in the rising value of the injectors as supply starts to shrink. So I've kept some aside for a rainy day just for that purpose.