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blankseplocked ISK gold rush soon over?
 
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das licht
Gallente
Echtzeit AG
Posted - 2007.06.10 22:12:00 - [1]
 

About a year ago was the first time when I heard, that one can buy ISK using real money. A 100 mil. was at 14,00 dollars and now it's around 5,50. If it continues to drop that way, then I think they gonna dry out soon ... and hopefully turn away. Because it would solve other problems EVE has, too.

Isn't it great?
Free the cluster!

Slash Harnet
Minmatar
Brutor Tribe
Posted - 2007.06.10 22:17:00 - [2]
 

Edited by: Slash Harnet on 10/06/2007 22:16:01
Dare to dream, but I highly doubt it.

I haven't really followed the isk to $ conversion, but I'm sure isk inflation and a weakening dollar are making it appear to be more of a drastic change than it is.

Dowey
Caldari
Pizza Duo
Posted - 2007.06.10 22:48:00 - [3]
 

as ISK is gettin easier to make (legally), the cheaper it will be sold.

Sasakisan
Posted - 2007.06.11 01:48:00 - [4]
 

The supply is going up and the demand is going down. This also explains why time code prices are going up. If this trend continues, it will become more profitable for the isk sellers to work other games, and they will. This would be an organic solution to isk sellers.

JamesTalon
Caldari
The Knights Templar
R.A.G.E
Posted - 2007.06.11 02:21:00 - [5]
 

Yea, I noticed the price on GTC for Isk is up a good chunk from a few months ago. I know before for a 90 day it was around 330mill, which was the highest I saw it at, and now its up closer to 400mill. Its nice, but still strange.

Hari Markkus
Deep Core Mining Inc.
Posted - 2007.06.11 10:50:00 - [6]
 

Nope, it doesn't work this way. It just means that if someone has $14.00 and is going to spend it on ISK, instead of getting 100 million they will now get 250 million.

It just means the farmers have to farm longer.

Garia666
Amarr
T.H.U.G L.I.F.E
Xenon-Empire
Posted - 2007.06.11 10:57:00 - [7]
 

Originally by: JamesTalon
Yea, I noticed the price on GTC for Isk is up a good chunk from a few months ago. I know before for a 90 day it was around 330mill, which was the highest I saw it at, and now its up closer to 400mill. Its nice, but still strange.


That has to do with with question and offer ..

all other isk sale`s are illegal and only the gtc is legal.

Hellspawn01
Amarr
Posted - 2007.06.11 11:03:00 - [8]
 

Its the same with all online markets. You sell something and the next seller isnt so clever to sell at the same price, no. He undercuts you. Then the next seller does the same and so on and so on. Stupid. But its good to see that online currency sellers are the same type of ppl.

Patch86
Di-Tron Heavy Industries
Atlas Alliance
Posted - 2007.06.11 11:08:00 - [9]
 

Laws of supply and demand suggest that this is actually a symptom of A Bad Thing.

Prices drop if either supply goes up, or demand goes down. There's no real reason to assume demand has gone down, so all this price drop suggests is that supply have gone up. Translation- there are more gold sellers than ever before, to the extent that they've saturated their own market. The prices will just stabilise (cheaper than ever before), the gold selling will stay, and people will be able to buy their ill gotten goods for even less cash.

Thats all bad to me. I want to see the price of isk sky rocket- the higher it goes, the less people will be able to buy.

das licht
Gallente
Echtzeit AG
Posted - 2007.06.11 12:14:00 - [10]
 

I've never had a problem with not enough ISK in my wallet. That's why I don't understand that there is any demand to buy game money ... judged by my own experience. I am probably wrong and the world is even more farked as I thought.

Ker Ching
Posted - 2007.06.11 12:23:00 - [11]
 

Originally by: das licht
About a year ago was the first time when I heard, that one can buy ISK using real money. A 100 mil. was at 14,00 dollars......


I've been playing for nearly 3 years, and it was going on back then. 50 mill isk was going for about 10 GBP.

I think one of the main contributing factors to the slump in isk/$ rate is that isk is no longer listed on Ebay, so it's not the big earner it used to be for some.


Malcanis
Caldari
Vanishing Point.
The Initiative.
Posted - 2007.06.11 12:55:00 - [12]
 

Originally by: das licht
About a year ago was the first time when I heard, that one can buy ISK using real money. A 100 mil. was at 14,00 dollars and now it's around 5,50. If it continues to drop that way, then I think they gonna dry out soon ... and hopefully turn away. Because it would solve other problems EVE has, too.

Isn't it great?
Free the cluster!


When prices fall it's either because supply has increased or demand has dropped.

EvE has many more subscribers than it did a year ago, and I haven't heard anyone commenting that the new players are more scrupulous in this respect than the old ones. There is no reason to suppose demand has fallen; in fact there is no reason to suppose it has not risen.

The logical conclusion is that it has become easier to ISK farm. The hordes of macro ratters frequently observed in 0.0 support this. Macro ratting is even better than macro farming, for ISK sellers, since it generates ISK directly, doesn't require hauler support or a local station, and is actually safer.

And of course because it generates additional ISK rather than additional material, it is directly harming the EvE economy.

Drizit
Amarr
Posted - 2007.06.11 13:31:00 - [13]
 

Originally by: Malcanis
When prices fall it's either because supply has increased or demand has dropped.


It makes me wonder how many of CCP's player accounts are macro users. I see loads of ships flying about in highsec doing trade runs. Same noob corp, same frigates/fittings, same char type, flying to and fro to the same stations and so on. These are definitely not noobs that are just flying together, they are all performing the same task. In Khafis, there are 22 or more doing this on a regular basis.

I would say that the supply has increased rather than demand dropping. Macro users have found newer ways to make isk and are exploiting the system to the max.

genome 77
Gallente
Los Gordos
Posted - 2007.06.11 13:36:00 - [14]
 

Buying game currancy is for (insert slang for female genitalia).

Gaven Blands
Caldari
Cosmic Fusion
Systematic-Chaos
Posted - 2007.06.11 14:00:00 - [15]
 

When it reaches $2, I will buy it.
They can ban me from the game, because at that point, it will be irrelevant.

DeadlyMorph
Posted - 2007.06.11 14:32:00 - [16]
 

Well u see u cant bye ISK anymore u got to trade a time code for ISK so $14 for 100 mill like that only on secure rout
Ya well if u read the thingy that tell u the permit when u install the game then u would know

Oh and no I did not read all that crap my friend did and then he told me


 

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