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Darn you CCP for banning mission bots!

Author
Chribba
Otherworld Enterprises
Otherworld Empire
#21 - 2012-03-02 08:13:37 UTC
Now let's hope they can turn their eyes onto other bots as well Roll

/c

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Grumpy Owly
Imperial Shipment
Amarr Empire
#22 - 2012-03-02 08:21:46 UTC  |  Edited by: Grumpy Owly
Bubanni wrote:
Supply and demand... More suppy in terms of minierals actually causes deflation, not inflation... :) (making each unit of trit worth less)

I wouldn't call the "soon to be" rise in mineral prices, a inflation, but merely a stabilazation, slowly making mining worth it for the average player


Problem is your confusing price changes due to market forces (aka supply and demand) with player environment changes associated with inflation.

Price changes can occur with the transferance or preference of payments or where certain goods are deemed more or less valuable to the target audience despite their intrinsic value. So there are instances of other types of price adjustments (in the S&D model), likewise with trader price fixings.

But mining does not add any isk to the overall player pot.

It will help with mining wages of course due to the fact there are currently less people to meet the supply of the current demand (Assuming there was in fact a significant number of mining botters removed and not just ratting botters). But again this is due to other players paying the miners for their materials and goods (a transferance of isk from one player to another)

Also any increase in mineral values may have a knock on effect with the prices of goods since minerals are the metric for which the value of goods are determined. But this is due to a shift in the supply demand curve due to materials cost as this is a dependant on how competitive supplying a certain good is.
Ptraci
3 R Corporation
#23 - 2012-03-02 13:32:11 UTC
Grumpy Owly wrote:


It will help with mining wages of course



And this is as it should be. If you are the one taking the time to train all those skills to run the acquisition and research of BPO's/BPCs, set up POSes and fuel them, acquire minerals and assemble them into finished products, then there should be a fair bit of isk flowing your way. In the real world corporations that are vertically integrated in this manner are usually pretty secure in their markets. After all, all the "consumer" is doing is pressing F1 to shoot rats, and calling for reps when he needs them. So pay for your ammo, make a neat little profit, and hand over the rest of your cash to the manufacturers for your shiny bling bling you crave so much.


Grumpy Owly wrote:

Also any increase in mineral values may have a knock on effect with the prices of goods since minerals are the metric for which the value of goods are determined. But this is due to a shift in the supply demand curve due to materials cost as this is a dependant on how competitive supplying a certain good is.


Prices were already on the rise due to the increase in mexallon prices since the tier 3 battlecruisers came out. It will be interesting to see how this pans out. Miners do not have to increase their prices because of course their only input once their capital outlay is done is time (and mining crystals whose price fluctuations are negligible). The amount of time required to make a given ship has not changed, nor have the mineral contents of said ships. Therefore the only reason a miner-manufacturer would have to raise prices for ships he makes is because he feels that the market can bear a higher price and because he expects higher prices himself.

Prices for minerals are rising now out of sheer speculation (there are huge mineral stockpiles held by manufacturers so it's far too soon to say that actual supply and demand is moving the price) but the price should be more sticky to the high side as there should be less competition to sell minerals now. Unless of course the botters were only manufacturing with their minerals and not dumping raw minerals on their market - in which case we'll see changes first in the products they used to mass produce.

Anyway it will be interesting to observe.
Ciar Meara
PIE Inc.
Khimi Harar
#24 - 2012-03-02 14:04:57 UTC
Tippia wrote:
Ptraci wrote:
However I find it ironic to think that botters were actually keeping prices down - quite the opposite of what a lot of people were claiming (miners = inflation!).
I've never seen anyone claim that mining leads to inflation, unless they were deeply confused about how the flow of money and material worked in the economy.


I was going to say something similar to tippia's comment but she beat me to it in a more condescending passive-aggressive tone.

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