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Hakaru Ishiwara
Minmatar
Republic Military School
Posted - 2010.08.15 14:12:00 - [91]
 

Edited by: Hakaru Ishiwara on 15/08/2010 14:12:32
Originally by: Venkul Mul
...
Originally by: Tonto Auri
You're not once mentioning that changes in insurance "removed price floor", which is not true. They have set a new floor, that is.


It is a mobile floor, so no floor at all.

The new floor is the level when so much people leave mining and ratting in the drone regions (both players and macro) that it become impossible to sustain production.

You will see the price swinging around that point, dipping a bit under it when and then getting a decent rise for a period until people restart mining and then going again under it. Good for a speculator that will buy low during the dip and then sell at a higher price but it require careful timing.

Actually, the index upon which CCP bases insurance payouts is not adjusted real-time, but only every-so-often (quarterly perhaps, I do not recall). Once the insurance adjustment takes place, the mineral price floor has effectively been set for the next period of time until the next adjustment point.

Celia Therone
Posted - 2010.08.15 20:15:00 - [92]
 

Edited by: Celia Therone on 15/08/2010 20:15:01
Originally by: Hakaru Ishiwara
Actually, the index upon which CCP bases insurance payouts is not adjusted real-time, but only every-so-often (quarterly perhaps, I do not recall). Once the insurance adjustment takes place, the mineral price floor has effectively been set for the next period of time until the next adjustment point.

Apparently CCP have said that the insurance rate adjustments are triggered manually (i.e. when CCP feels like doing it.) To my knowledge there has only been one such adjustment so far but I don't do insurance fraud so barely pay attention to it.

Bomberlocks
Minmatar
CTRL-Q
Posted - 2010.08.15 23:28:00 - [93]
 

Originally by: Venkul Mul
....
I simply dislike people trying to pass very faulty "detection" systems as something valid as an excuse to gank ships and feel that they are doing something good.

Say that you want to gank ships and I have no problem, but your system to "detect" a macro is so inefficient that is has no value.

...
FFS, who said anything about ganking anyone? What IS your problem? You know, there's a thing called common sense. If it looks like crap, smells like crap and feels like crap, then it most probably is crap.

As I said to you, I personally don't really care. It's not my job to go around finding out who's running bots in eve. I originally brought up the subject because I suspect that it has a heavy influence on the ships in space snapshot.

Llyandrian
Amarr
Livestock Science Exchange
Posted - 2010.08.16 07:26:00 - [94]
 


The cornerstone of academic rigour is peer review, but apart from a couple of initial posts Dr.EyjoG has seeming not been back to the forum. I find this disappointing, it suggests the good Dr doesn't regard this project highly or that we the players have nothing to offer.

Nearly all the recent changes made to Eve under Dr.EyjoG direction/watchfulness seem designed to fuel deflation. This is an understandable side effect of the Insurance changes. However we are seeing the same deflation for T3/wormhole supplies, which are nearly worthless, PI industry products, meta 3&4 item drops, practically every recent change seems designed to cause deflation and compound the poverty gap between the few super rich alliance cabals who control hundred of trillions of ISK and the the bulk of ordinary players.

I want to know what the good Dr plans to do to reverse this trend?

Catari Taga
Centre Of Attention
Middle of Nowhere
Posted - 2010.08.16 15:15:00 - [95]
 

Originally by: CCP Dr.EyjoG
Figure 17: The Nanite repair paste is a thick and heavy liquid used to repair damaged ship modules on the fly. The paste recently became player-produced when Tyrannis was deployed. In this quarter alone, the volume traded increased by 44% while the price dropped by 77% at the same time. This suggests a lot of speculative trading, since player production hadnít really taken off in May, and there is no apparent reason for this sudden increase in the usage of Nanite repair paste

Besides speculative trading the reason was a bug causing repairs to require 10 x the previous amount of paste, plus a corresponding price drop on the NPC sell orders.

Hakaru Ishiwara
Minmatar
Republic Military School
Posted - 2010.08.16 23:47:00 - [96]
 

Originally by: Catari Taga
Originally by: CCP Dr.EyjoG
Figure 17: The Nanite repair paste is a thick and heavy liquid used to repair damaged ship modules on the fly. The paste recently became player-produced when Tyrannis was deployed. In this quarter alone, the volume traded increased by 44% while the price dropped by 77% at the same time. This suggests a lot of speculative trading, since player production hadnít really taken off in May, and there is no apparent reason for this sudden increase in the usage of Nanite repair paste

Besides speculative trading the reason was a bug causing repairs to require 10 x the previous amount of paste, plus a corresponding price drop on the NPC sell orders.
I "speculate" that the bug was the primary reason. Having to carry several hundred units of Nanite Repair Paste v. < 100 units formerly required in a frigate or destroyer class hull caused the survivalists to buy up thousands of units.

Furthermore, CCP (GMs & Devs?) were putting out conflicting information that this change was by design AND that it was a bug.

As always, if our dear in-house economist actually played the game or *gasp* read these forums more often, he might have better understood the situation 'on the ground.'

CCP Dr.EyjoG

Posted - 2010.08.17 15:09:00 - [97]
 

Originally by: Axemaster
Edited by: Axemaster on 10/08/2010 15:33:00
Quote:
Are there some underlying factors in place that have changed the EVE economy?


If you're seriously asking this, CCP needs a new economist.

Why do I get the feeling that the good Dr. is basically poking us with a stick, giggling as the ants swarm in confusion?


Hmm, so I am not allowed to troll.... ? Or am I? Rolling Eyes


This question simply underlines the fact that EVE has become so vast that no one can have a complete picture of what is going on in all of EVE at any given time.

Wyke Mossari
Gallente
Posted - 2010.08.19 08:10:00 - [98]
 

Originally by: CCP Dr.EyjoG

This question simply underlines the fact that EVE has become so vast that no one can have a complete picture of what is going on in all of EVE at any given time.


I don't doubt this is true, but Market Discussions in particular and Science and Industry forums would probably provide you with the widest source of insight available into economic shocks and emerging trends.

While we might not have the data and tools you have available those forums developed a multitude of their own tools, bring a lot of expertise to bear in finance, market intelligence, statistics and information technology which regularly highlight trends.

Wyke Mossari
Gallente
Posted - 2010.08.22 11:17:00 - [99]
 


Also are you aware that most PI production steps remain unprofitable, because of the huge stocks of NPC Goods continue to undermine the market.

DukeJoost1
The Last Solution Inc
Posted - 2010.10.31 11:26:00 - [100]
 

Originally by: CCP Dr.EyjoG

...
This question simply underlines the fact that EVE has become so vast that no one can have a complete picture of what is going on in all of EVE at any given time.


Which is an excellent way to confirm Hayek (in his Nobel laureate acceptance speech 1974), who concluded that therefore central planning of any complex economy is impossible. Therefore all efforts of the FED, the ECB and any other central economic planning are bound to fail.
Which of course leads to the conclusion any and all government intervention in the economy will be ineffective and counterproductive.

Fly safe.

Duke


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