These forums have been archived and are now read-only.

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

EVE General Discussion

 
  • Topic is locked indefinitely.
 

100% INFLATION RATE IS TOO MUCH FOR ME
Author
Previous Topic Next Topic
Barakach
Caldari Provisions
Caldari State
#101 - 2012-04-11 17:19:45 UTC
FloppieTheBanjoClown wrote:
Mernar wrote:
ok u mine 100units and get 100mil for that so u can buy SHIP A that costs 100mil
now u mine 100units and get 200mil for that so u can buy SHIP A which costs 200mil now

AWESOME SO MUCH MORE MONEY FOR MINERS!


If you mined for 3 hours to buy a ship before, and you mine for 3 hours to buy the same ship now, what's the problem?


Demand for said ships will reduce as the ships become relatively more expensive for those with fixed incomes from missions/etc. As demand goes down, prices drop. In the long run, you will mine less to afford said ships.

Also, ship costs are lagging behind mineral costs. It is quite possible to take advantage of higher mineral values before the ships go up in price, giving an effectively higher income.
Khadann
Deep Core Mining Inc.
Caldari State
#102 - 2012-04-11 17:48:20 UTC
Kattshiro wrote:
Start mining?



You mean it can be a fair source of income now?
Thillara
Shades of the Void
#103 - 2012-04-12 06:21:35 UTC
100mil isk talos in jita? anyone?
Chokichi Ozuwara
Perkone
Caldari State
#104 - 2012-04-12 07:38:14 UTC
DarthNefarius wrote:
1)The money supply is not constant. Its growing & a new ISK faucet is being created on top of it
2) Not only is the money supply growing a mineral(Drone alloy) faucet is being deleted ergo the other goods are SHRINKINGAttentionAttention

Uhm, you're making our point Einstein.

Tears will be shed and pants will need to be changed all round.
Chokichi Ozuwara
Perkone
Caldari State
#105 - 2012-04-12 07:40:25 UTC
Barakach wrote:
Inflation is a long term average, not a short term spike by speculation and meta-gaming.

Also, inflation takes into account all avenues of profit, not just ratting/missioning. If PvE ratters start making less relative money, but miners start making more, such that it evens out, then there is no inflation.

If you don't understand economics, it is better to be quiet.

Tears will be shed and pants will need to be changed all round.
Rimhawk
Science and Trade Institute
Caldari State
#106 - 2012-04-12 07:55:00 UTC
Actually I love the inflation. Since coming back from a 2 year absence I can now sell trit for 5-6 ISK. When I left it was like 1-2 ISK. EVE feels so much more rewarding now! LolLolLolTwisted
Whitehound
#107 - 2012-04-12 07:56:31 UTC
Start buying minerals. Thank me later.

Loss is meaningful. Therefore is the loss of meaning likewise meaningful. It is the source of all trolling.
Scrapyard Bob
EVE University
Ivy League
#108 - 2012-04-12 13:56:05 UTC
Whitehound wrote:
Start buying minerals. Thank me later.


That ship has sailed, arrived at its destination, made a return trip, and has set sail a 2nd time already.

Mineral prices on the high-ends retreated mid-week as speculators cashed out. They might go up again, but the prices are already, in my opinion, pretty close to where they'll end up come July. Unless you manage to catch one of the short-duration supply-crunch waves come early May, you're not going to turn over more then a 10-30% profit on whatever you buy today.
ivar R'dhak
Deus est Mechanicus
#109 - 2012-04-12 14:50:50 UTC
Scrapyard Bob wrote:
but the prices are already, in my opinion, pretty close to where they'll end up come July.

You´re an optimist. Smile

We´ll see what the coming Jita panic and a month long Hulkageddon will do to Empire mining. Or the hot drop feeding frenzy 0.0 mining ops will provoke. Bear
The Forum Warrior
#110 - 2012-04-12 14:51:29 UTC
Inflation is always bad.

There is no thread lock which can withstand me
Scrapyard Bob
EVE University
Ivy League
#111 - 2012-04-12 15:24:15 UTC
ivar R'dhak wrote:
Scrapyard Bob wrote:
but the prices are already, in my opinion, pretty close to where they'll end up come July.

You´re an optimist. Smile

We´ll see what the coming Jita panic and a month long Hulkageddon will do to Empire mining. Or the hot drop feeding frenzy 0.0 mining ops will provoke. Bear


The effect on the market from past HAGs is a mixed-bag.

HAG 4 was Feb 2011
HAG 3 was Jul 2010
HAG2 was Feb 2010

http://www.evemarketeer.com/item/info/34#2

HAG 4 - drove Trit up about 25% in value (3.00 to about 3.75)
HAG 3 - small effect, Trit prices continued to drop
HAG 2 - had no effect on Trit (maybe a 5% rise)

http://www.evemarketeer.com/item/info/35

HAG 4 - Pye went from 4.50 up to 5.00
HAG 3 - caused a small bump on the market as Pye dropped from 7 to 3.5
HAG 2 - Pye went from 6.7 to 7.1

http://www.evemarketeer.com/item/info/36

HAG 4 - Mex went from 29 to 30
HAG 3 - Mex went from 26 up to 35 (35%)
HAG 2 - Mex went from 28 to 31

http://www.evemarketeer.com/item/info/37

HAG 4 - Isogen went from 64 to 73 (14%)
HAG 3 - Isogen went from 50 to 60
HAG 2 - 53 to 56

http://www.evemarketeer.com/item/info/38

HAG 4 - Nocx went from 560 to 532 (oops!)
HAG 3 - 123 to about 128
HAG 2 - 97 to 82 (oops!)

So, HAG5 will have some effect, but it's simply not big enough of an event do do more then slightly dent the market. Based on past history, you will probably see about a 25% bump in low-end mineral costs, but that could be a lot less if there isn't a lot of participation.
ivar R'dhak
Deus est Mechanicus
#112 - 2012-04-12 17:23:32 UTC
Well, that´s all nice data.
But it´s from a time when there was a big drone and gun "mining" community to dampen the effect.

Also, compared to the old ones this Hulkageddon has some very interesting added incentives.
I also don´t believe the speculators are quite done with the market yet. Lol
Radelix Cisko
JUMP DRIVE ACTIVE
#113 - 2012-04-13 16:24:18 UTC
I'm looking forward to continued market volatility. Also I look forward to destroyer and cruiser swarms.

Despite my posting prowess I really am terrible at this game
Ioci
Bad Girl Posse
#114 - 2012-04-13 16:29:33 UTC
Fly a Raven
Arbalest Cruise launcers are 100K
Arbalest Torp Launchers, 600K
X-Large C5-L Shield Booster, 250K

You can meta 4 fit a Raven for under 5 mill.

R.I.P. Vile Rat
Markus Reese
Deep Core Mining Inc.
Caldari State
#115 - 2012-04-13 17:08:47 UTC
Personally, I like the idea of the inflation, it will be especially good for nullsec. At least players like me who are more for having a little block of space, cheap fun and the ability for new powers to get places. As prices go up, the massive tier3 fleets will fade and start seeing more lower cost combat. fleets in battlecruisers and hopefully soon cruisers back into combat. Not sure what other changes will show, but more expensive industry means smaller powerblocks I would think.

To quote Lfod Shi

The ratting itself is PvE. Getting away with it is PvP.
Whitehound
#116 - 2012-04-13 17:22:55 UTC  |  Edited by: Whitehound
Those increasing numbers mess with my bots and macros!!

No, just kidding, but my Excel sheets need reformatting. Lol Morphite went through the roof.

Loss is meaningful. Therefore is the loss of meaning likewise meaningful. It is the source of all trolling.
DarthNefarius
Minmatar Heavy Industries
#117 - 2012-04-13 17:43:24 UTC
Chokichi Ozuwara wrote:
[quote=DarthNefarius]1)The money supply is not constant. Its growing & a new ISK faucet is being created on top of i 2) Not only is the money supply growing a mineral(Drone alloy) faucet is being deleted ergo the other goods are SHRINKINGAttentionAttention[/quote Uhm, you're making our point Einstein.


Yep I'm resigned to the fact we're going to see a HUGE inflation spike & this ain't a speculators bubble. I don't know how much of this was intended to shake things up but its about to become an economics lesson. I wonder at what point the Hulkageddon suicides drive prices up to where somethings gotta give or we get atrue Inferno of the markets with ships 
An' then Chicken@little.com, he come scramblin outta the    Terminal room screaming "The system's crashing! The system's    crashing!" -Uncle RAMus, 'Tales for Cyberpsychotic Children'
Velicitia
XS Tech
#118 - 2012-04-13 17:59:13 UTC
Andrew W-K wrote:
wiskyjack wrote:
Dont think it's as sinister as people think. People are panic buying and speculators are sucking up as much ore as they can so they dont get left behind.

It's not like the roid belts are fading and you still getting the same mineral yeald from mining.
Just get a BPO and a mining barge and make the junk your self. And leave the market to implode.



This is the great mineral crunch of 2012©.

We should party hard.


Shocked The Mayans were right!

One of the bitter points of a good bittervet is the realisation that all those SP don't really do much, and that the newbie is having much more fun with what little he has. - Tippia