open All Channels
seplocked Market Discussions
blankseplocked Minerals and insurance rebalance dev blog
 
This thread is older than 90 days and has been locked due to inactivity.


 
Pages: 1 2 3 4 5 [6] 7

Author Topic

Stephente
Posted - 2010.04.05 04:40:00 - [151]
 

Short selling is possible with the minerals market. For example, if you look at tritanium like it is a currency, the current exchange rate is something like 1 ISK = 2.94 tritanium. If you know that the price of tritanium will drop, you can convert all of your tritanium into ISK, and after tritanium hits rock bottom, you can buy back your original amount of tritanium at a fraction of its original ISK value.

Rodarine
Posted - 2010.04.05 04:58:00 - [152]
 

Well I remember a certain someone was paying 2800 for mega a couple months ago (when it was still 2600 or so and before it freefell) trying to corner the market on it. Wouldnt be surprised if he and his crew werent the ones buying up all the mega again. But as it stands mega is right about where it was right after Dominion first came out. So the prices really arent that high (yet). But I saw sell orders in Jita for almost 2900 and buy orders are at 2675. So that is starting to creep up there. But then again it is Sunday and a rumor and a speculation and a lot of people start seeing a scamper and people empty some of their holdings.

Be intersting to see how these prices hold up during the week, if they go back down to 2100 or so then it looks like a fire sale and a head fake to make a few ISK mesing with people. If it stays and gets even higer, say 3K, then it mght be time to give the speculators something to buy :P.

Clair Bear
Ursine Research and Production
Posted - 2010.04.05 07:37:00 - [153]
 


Plenty of scc-lounge regulars saw this coming when someone first noticed changed insurance payouts. Most have long since liquidated their T1 mountains, and the more forward thinking even ejected their researched BS BPOs.

Here's the deal. There are MANY multi-account holders who would have to cancel their accounts when the miners and manufacturers can no longer produce at least 280M ISK/month. You don't need 10+ accounts to grind level 4s. 2 or 3 is enough, especially if you no longer need to loot.

Which means CCP will try to figure out some way to give miners purpose. But seeing how every previous effort at rebalancing has had more unintended than intended consequences... The big money will be in predicting the vast collateral damage.

My only prediction: major L4 mission hubs will see a drastic increase in population.

Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2010.04.05 07:56:00 - [154]
 

Edited by: Vaerah Vahrokha on 05/04/2010 07:57:58
Quote:

dead serious. I would love a source of highly overpriced tags



Well, since it's in direct competition with one of the activities I do, I won't be too much specific.

- Caldaris are not in direct war like Amarr are.

- There is one hi sec L4 mission where you are sent to kill your own allies. Those doing it don't even know what to do of those tokens. This should tell you where to look for.

- There are "sacks" of tokens and there are tools to find them out.

- You won't get good token amounts in the agent you are using (don't ask me how I know, I just do). AFAIK (but hey I am not such a PRO elder player, I started EvE in 2009) the agents, even those of the same level, have assigned missions off "pools". I know where I mission there is one agent that gives frequent faction missions and others who do that every 20-30 missions instead.



And finally, my reply was a provocation. It was about stopping grinding Caldari, being the race every chimp farms they will be the most competitive, spreads suck, income sucks, agents rewards suck, even R&D agents suck (no joke, my L4 R&D agent near Jita yields(ed) below a L2 agent I got elsewhere).
Spend 2 weeks and grind an alt for another race and you will see another kind of gains, quality and income.

Jack Coutu
Gallente
Percussive Diplomacy
The Phoenix. Consortium
Posted - 2010.04.05 13:06:00 - [155]
 

Originally by: Vaerah Vahrokha
Edited by: Vaerah Vahrokha on 05/04/2010 07:57:58
Quote:

dead serious. I would love a source of highly overpriced tags



Well, since it's in direct competition with one of the activities I do, I won't be too much specific.

- Caldaris are not in direct war like Amarr are.

- There is one hi sec L4 mission where you are sent to kill your own allies. Those doing it don't even know what to do of those tokens. This should tell you where to look for.

- There are "sacks" of tokens and there are tools to find them out.

- You won't get good token amounts in the agent you are using (don't ask me how I know, I just do). AFAIK (but hey I am not such a PRO elder player, I started EvE in 2009) the agents, even those of the same level, have assigned missions off "pools". I know where I mission there is one agent that gives frequent faction missions and others who do that every 20-30 missions instead.



And finally, my reply was a provocation. It was about stopping grinding Caldari, being the race every chimp farms they will be the most competitive, spreads suck, income sucks, agents rewards suck, even R&D agents suck (no joke, my L4 R&D agent near Jita yields(ed) below a L2 agent I got elsewhere).
Spend 2 weeks and grind an alt for another race and you will see another kind of gains, quality and income.



This, people far more resoruceful than the whiner about kill minnie missions have been gathering tags and profiting for ages. If you can't figure it out on your own with so many options available, you should probably just stick to lvl4 grinding and leave us alone.

J'J'J'Jita
Ch'Ch'Ch'Chia Corp
Posted - 2010.04.05 16:13:00 - [156]
 

Originally by: Rodarine
Be intersting to see how these prices hold up during the week, if they go back down to 2100 or so then it looks like a fire sale and a head fake to make a few ISK mesing with people. If it stays and gets even higer, say 3K, then it mght be time to give the speculators something to buy :P.


Megacyte is well set up for long term gains. It's the only highend whose loot table is being reduced in drone compounds, and there will also be less of it from non-drone npc drops. Its year-long history shows that a much higher price for it is sustainable, and the changes to insurance (encouraging expensive ships) and the Max2 campaign (lots of ships blowing up) help spur its short-term use until Tyrannis is released. Buy mega.

Or rather, read this and wish you had bought mega.

mourningdawn
Posted - 2010.04.05 22:28:00 - [157]
 

Originally by: Jack Coutu
Originally by: mourningdawn
I had a big long tl;dr post written out and decided I could simplify. So here is my only insight: I am very sure that there is a reason Hammerhead's blog is linked in the opening paragraph of this economic fixes blog. Read both together.

As far as what to do about it, well buy low sell high. Wink

Also, to the speculators in Megacyte the other day: thank you. Rest assured your isk has a good home and I will feed it, care for it, and name it George.


Bet you feel like an ass atm.


Ass man status confirmed. Though we'll see if this change sticks.

Tehg Rhind
Posted - 2010.04.05 22:35:00 - [158]
 

Does anyone have any idea what the quantity of drone alloy that goes into the market each day is? I was looking over the EvE metrics data on Forge is, but I don't think that accurately represents the market since most of it is coming out of the drone regions.

Based on the Forge numbers it looks like the alloys represent a pretty small part of the mineral market, but I believe that is not representative.

LarcatOfRens
Posted - 2010.04.05 22:43:00 - [159]
 

Edited by: LarcatOfRens on 05/04/2010 22:47:56
Originally by: Stephente
Short selling is possible with the minerals market. For example, if you look at tritanium like it is a currency, the current exchange rate is something like 1 ISK = 2.94 tritanium. If you know that the price of tritanium will drop, you can convert all of your tritanium into ISK, and after tritanium hits rock bottom, you can buy back your original amount of tritanium at a fraction of its original ISK value.


This post makes me think you don't know what short selling is. Hint: Selling from a long position is not short selling.

The only currenlty possible way to short would be what is sometimes called a "synthetic" short. I haven't figured one out, but there may be one hidden somewhere in the game. The basic way one works is thing A increases in value when thing B goes down in value. Buying thing A is a synthetic short of B.

The situation you are describing requires you to have a preexistant long position in trit. If we could short it this way, it would mean that I could be fully liquid, with total NAV == wallet balance, and still, somehow, take a market position that benefits from trit going down.

Kenz Rider
J Club
Posted - 2010.04.05 22:44:00 - [160]
 

Originally by: Stephente
Short selling is possible with the minerals market. For example, if you look at tritanium like it is a currency, the current exchange rate is something like 1 ISK = 2.94 tritanium. If you know that the price of tritanium will drop, you can convert all of your tritanium into ISK, and after tritanium hits rock bottom, you can buy back your original amount of tritanium at a fraction of its original ISK value.


That's not the definition of selling short. That's the definition of owning cash.

FunzzeR
Legion of the Scottish Fold
Posted - 2010.04.06 02:43:00 - [161]
 

Originally by: Kenz Rider
Originally by: Stephente
Short selling is possible with the minerals market. For example, if you look at tritanium like it is a currency, the current exchange rate is something like 1 ISK = 2.94 tritanium. If you know that the price of tritanium will drop, you can convert all of your tritanium into ISK, and after tritanium hits rock bottom, you can buy back your original amount of tritanium at a fraction of its original ISK value.


That's not the definition of selling short. That's the definition of owning cash.


Agreed unless you actually borrowed the trit from another party.

Stephente
Posted - 2010.04.06 06:31:00 - [162]
 

Edited by: Stephente on 06/04/2010 06:34:38
Originally by: LarcatOfRens
Edited by: LarcatOfRens on 05/04/2010 22:47:56
Originally by: Stephente
Short selling is possible with the minerals market. For example, if you look at tritanium like it is a currency, the current exchange rate is something like 1 ISK = 2.94 tritanium. If you know that the price of tritanium will drop, you can convert all of your tritanium into ISK, and after tritanium hits rock bottom, you can buy back your original amount of tritanium at a fraction of its original ISK value.


This post makes me think you don't know what short selling is. Hint: Selling from a long position is not short selling.

The only currenlty possible way to short would be what is sometimes called a "synthetic" short. I haven't figured one out, but there may be one hidden somewhere in the game. The basic way one works is thing A increases in value when thing B goes down in value. Buying thing A is a synthetic short of B.

The situation you are describing requires you to have a preexistant long position in trit. If we could short it this way, it would mean that I could be fully liquid, with total NAV == wallet balance, and still, somehow, take a market position that benefits from trit going down.

Yeah you are right. A couple hours after my post, I was thinking about it, and it didn't make sense anymore.

I think a more accurate statement would be that ISK will be the equivalent of gold when stock markets crash. Most minerals are going to crash, especially low ends. It's debatable whether or not high ends will crash. High end supply will be dropping, but will the reduced supply outweigh the reduced demand? It will really come down to whether or not more ships are blowing up post-patch than pre-patch... which seems risky considering that insurance has made current-patch hulls essentially free.

J'J'J'Jita
Ch'Ch'Ch'Chia Corp
Posted - 2010.04.06 07:16:00 - [163]
 

Megacyte continues to climb - if one high end appears to be truly setting a new long-term base price, that's the one. Even non-Jita market hubs such as Amarr are being dragged up, which never happens for cases of simple market manipulation.

Diomedes Calypso
Aetolian Armada
Posted - 2010.04.06 07:49:00 - [164]
 

Edited by: Diomedes Calypso on 06/04/2010 15:26:36
Edited by: Diomedes Calypso on 06/04/2010 07:49:58
Originally by: Clair Bear

Plenty of scc-lounge regulars saw this coming when someone first noticed changed insurance payouts. Most have long since liquidated their T1 mountains, and the more forward thinking even ejected their researched BS BPOs.

Here's the deal. There are MANY multi-account holders who would have to cancel their accounts when the miners and manufacturers can no longer produce at least 280M ISK/month. You don't need 10+ accounts to grind level 4s. 2 or 3 is enough, especially if you no longer need to loot.

Which means CCP will try to figure out some way to give miners purpose. But seeing how every previous effort at rebalancing has had more unintended than intended consequences... The big money will be in predicting the vast collateral damage.

My only prediction: major L4 mission hubs will see a drastic increase in population.



Thanks.. I got a lot from this..on a few levels

Thinking of this, geez.. EVERYTHING could crash if you’re correct about people with mega miners with10 accounts going down to 2 or three (I’d guess that isk>plex purchases are distributed in a way where a large majority of purchases are made by a very small portion of players and skewed in a way that buyers have far higher accounts per player than the average player)

So
1) Very likely that decreased Mission ore flow will be sufficient to offset discontinued ore demand through more frequent insurance supported ship blow ups …. - > lower ore prices -> lower ship and player produced module prices
2) Less demand for plex from power players - > less isk per plex sold (a fair portion of working adults I know fund a good portion of their pvp this way) -> less isk in hands of end module users - > lower ship and module prices of all types.
3) More power players swtiching from ore mining to Lvl4 missionig -> more meta 1-4 drops -> lower M-1 -4 prices (possibly hugely significantly as prices can drop to near worthless as soon as supply overstrips demand) . Attribute implants prices could also tumble

This could be an economic doomsday … I’ll need to move more inventory to cash isk to wait this out, running a tighter trading ship with less tied up in market orders and maybe forgo some trading profits for security….the chance that ore prices will stay stable or edge up seems very small compared to the probability of a good fall…the opportunity cost of lighter trading also small enough (although margins are already spreading in some items to compensate for it)

SencneS
Rebellion Against Big Irreversible Dinks
Posted - 2010.04.06 15:13:00 - [165]
 

Originally by: Clair Bear
My only prediction: major L4 mission hubs will see a drastic increase in population.


I agree with this prediction, but for other reasons. I truly believe that the changes to Drone space are going to "break" low-end minerals. This means it'll lower the price of Trit, Pyer, Mex, Nocx is already broken, Leaving the already shaky Isogen left.

My reason is pretty simple... Jump Freighters..

People in Drone space are already use to the idea of transporting your compounds back to highsec for tax free, perfect reprocessing. That's assuming they don't have that already at an outpost. Why would they bother changing this? People dislike change, since they already have established trade routes to and from Jita, simply changing the amounts of minerals per component (Nerfing high-end, buffing low-end) will have do exactly that in Jita.

There is no reason to build your stuff out in space when you already make weekly trips back and forth from Jita.

This along with my theory of them adjusting the compounds that get dropped per Drone, I'm speculating on a high-end's being HIGH Priced (Another reason CCP has manipulated for people to travel out in to 0.0/WH) and low-end being worthless to mine.

The side effect of this would be, people abandoning mining in high-sec, giving CCP an excuse to reduce/remove belts and implement the "Probed out Belts" they want to focus on to make Macro's jobs next to impossible without a lot of pre-activity. This would indeed make Missioning in high-sec the primary source of income... Oh but what... what's this I hear, Moving lvl 4s to Low-sec!! Something else CCP are thinking of doing in order to get people out of high-sec..

Video Related

Lori Salvadoria
Posted - 2010.04.06 20:54:00 - [166]
 

Originally by: J'J'J'Jita
Megacyte continues to climb - if one high end appears to be truly setting a new long-term base price, that's the one. Even non-Jita market hubs such as Amarr are being dragged up, which never happens for cases of simple market manipulation.


That's because a lot of people took the opportunity to haul from other region sell orders to Jita, and earn a quick buck.

I was one of them. *Cuddles with the quick buck.*

What's more interesting, is that Megacyte still managed to recover from that, after the sudden immense influx of Megacyte into Jita, and is now climbing again.

Expect Megacyte to continue to go up.

Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2010.04.06 21:27:00 - [167]
 

Originally by: Lori Salvadoria
Originally by: J'J'J'Jita
Megacyte continues to climb - if one high end appears to be truly setting a new long-term base price, that's the one. Even non-Jita market hubs such as Amarr are being dragged up, which never happens for cases of simple market manipulation.


That's because a lot of people took the opportunity to haul from other region sell orders to Jita, and earn a quick buck.

I was one of them. *Cuddles with the quick buck.*

What's more interesting, is that Megacyte still managed to recover from that, after the sudden immense influx of Megacyte into Jita, and is now climbing again.

Expect Megacyte to continue to go up.


Hmm, late 3rd or early 5th Elliot Wave? In any case, there's people bound to witness and be ***chslapidated by wave "a".

My Postman
Posted - 2010.04.07 12:06:00 - [168]
 

As my main is miner/producer/missionrunner i feel i have to give my two cents.

Returning from Wormhole 3 months ago, where mining was pretty easy mode. When ABCM ore went down so much i saw no reason for spamming the directional every 15 sec. Anyway, this was the main reason for leaving WH (since this time, seeing directional open i feel like murdering someone), and logistics was a pain in the a**.

So what, i thought, lets see what to make when mining the "proper" high sec ore, and it didīnt turn out too bad, as logistics is easy, and what you "loose" while mining low end ore you can easily make producing, with no hauling pain.

And what ive seen in high sec belts, other people mining veld, worth next to nothing while pye is high, i couldīnt beleve. I was wondering if those are macroers or just dumb.
Anyway this must be a reason of oversupply of trit as well.

Prices in my region are slightly beginning to go down as well on trit, pye and mex (gallente space) and i think a lot of the oversupply is because miners getting rid of their stockpiles of low end ore (like me).

So i assume to have all low ends sold by beginning of may which causes a shutdown of production lines as well for some time but my sentry domi is ready for grinding L4īs again.

But what will a dedicated miner do, not having any gunnery skills, starting doing L1 missions? Or moving to 0.0 with his hulk which is the only ship he can fly properly, completely depending on "good will" of his new 0.0 corps. Going to low sec for a suicide?

What will happen to "miner alts" when they canīt afford the plex anymore?

As the community is clear about what will happen to low end ores iīm not quite sure what will happen to those players. Mass whining on forums anyway, but i doubt there will be a mass exodus to nullsec. This would not be "carebearlike". So will there be a mass emo-rage quitting from high sec miners? This can not be the intention of CCP, and not losing the minerīs alts either.

To get rid of those macroers is a good thing, and when the macro canīt bring in the plex itīs useless, but who knows where the "borderline" for a 23/7 macro RMT Trader isk wise is?

So there are a lot of questions and all i (we) can hope is that the patch will do well.

Thanks for reading.

Rodarine
Posted - 2010.04.07 17:18:00 - [169]
 

Mega is high because there are enough peopel who believe the hype inthe forums that the high end stuff will be a good long term investment, you only need 4 or 5 people reading that to cause enough competition to get the prices ridiculously high. So while it might not be short term manipulation, it is probably some sort of mental manipulation by fooling people into 'investing' in mega right now and thus competing against each other, and causing a tertiary reaction from everyone. (making them think that someone knows 'something') and maybe making them either try and buy up shorter buy orders, or maybe hold mega themselves, or a combination fo these and other things.

I watched mega go from about 2450 in Dodixie to 2900 BUY orders the other day. it is now "down' to 2860. But there is more than just trying to think of a long term investement when peopel are paying that much for something, especially when there were ample supplies around at 2100 less than a week ago. So basically they were putting buy order up for 50% more than what they could have bought all they wanted to buy 10 days ago. Guys were delivering bulk for 2050. All because of a little speculation and a lot of hype, and the fact that 4 or 5 guys started competing in a station for it.

But it is a good case study in how people reactand what they will do when greed sets in. But more than likely it will end up biting them in the ass. because eventually they will have to sell it or put it in something and sell that at more than what they paid for it. Will mega hit and stay at 3K a unit? Or be equal to 3K a unit in some product? I somehoe doubt it. Unles the hype machine goes overboard again after the changes and they can convince people to keep on buying that stuff. that way all the guys who bought this time around can dump in on those guys. And let them worry about wha they are going to do with it.

But it is the same old principle. Sell for more than you paid.

sinqlaison
Amarr
Capital Builders Inc.
Posted - 2010.04.07 18:48:00 - [170]
 

Good news is that JITA prices are TANKING big time:
- iso down 54,x to 52,x
- mex down 30,x to 28,x
- nocx down 88,x to 83,x
- pye down 7,3x to 7,0x
- trit down 2,93 to 2,80

So, get out if you still can, mega and zyd are next in line after the speculators lost their shirts Smile

Capt Fossil
Gallente
Posted - 2010.04.07 19:20:00 - [171]
 

Originally by: sinqlaison
Good news is that JITA prices are TANKING big time:
- iso down 54,x to 52,x
- mex down 30,x to 28,x
- nocx down 88,x to 83,x
- pye down 7,3x to 7,0x
- trit down 2,93 to 2,80

So, get out if you still can, mega and zyd are next in line after the speculators lost their shirts Smile


This is also an indicator of just how BIG an impact Insurance fraud is, IMO. Huge amounts of minerals that were being consumed are sitting in inventories. Oh and Zydrine is already down 10% over the last day or two.

Aeneidae
Caldari
Quallity Assurance Business Unit
Posted - 2010.04.07 19:22:00 - [172]
 

Originally by: sinqlaison
Good news is that JITA prices are TANKING big time:
- iso down 54,x to 52,x
- mex down 30,x to 28,x
- nocx down 88,x to 83,x
- pye down 7,3x to 7,0x
- trit down 2,93 to 2,80



Which is wonderful news. Smile My production lines are affected mainly by Trit, Pye and Mex so Zydrine and Mega going up doesn't affect me much (at least now, on short term).

Rodarine
Posted - 2010.04.07 20:39:00 - [173]
 

Originally by: Aeneidae
Originally by: sinqlaison
Good news is that JITA prices are TANKING big time:
- iso down 54,x to 52,x
- mex down 30,x to 28,x
- nocx down 88,x to 83,x
- pye down 7,3x to 7,0x
- trit down 2,93 to 2,80



Which is wonderful news. Smile My production lines are affected mainly by Trit, Pye and Mex so Zydrine and Mega going up doesn't affect me much (at least now, on short term).


Might seem like it now but with all these prices dropping it means people arent using them, you might be, but without people buying it it wont be long before you are out of cash and sitting on things that no one wants to buy, or can buy cheaper elsewhere. Also peopel are more apt to spend alittlemore if they know they are making alitle more, and have a pretty reliable source of income.

It is awesome how people automatically think that lower prices means more profits for them. When in fact it is irrelevant. people will pay whatever. But if they dont have any money they wont pay anything.

So with one group of builders who were supplying cash for a whole array of people all stop doing what they did to make ISK< that means all those people they were supporting will need to look elsewhere to find ISK. Because the builders arent getting that cash they were bfore.

Celia Therone
Posted - 2010.04.07 22:57:00 - [174]
 

Originally by: J'J'J'Jita
Megacyte continues to climb - if one high end appears to be truly setting a new long-term base price, that's the one. Even non-Jita market hubs such as Amarr are being dragged up, which never happens for cases of simple market manipulation.


I have to say that I don't get this at all. The new null sec industry pretty much forces miners to mine to keep their access to high grade ores. Wormholes have also increased access to the high ends. Together this seems like it would cause huge long term downward pressure on the high ends, especially zydrine and megacyte. (If CCP tweak the industry decay rate to be kinder, this could make a big difference.)

Furthermore if the low ends really do crash hard then at least a few of those multi-boxing low ends will make the move to wormholes or null sec (although I think a lot will mothball their alt accounts, perhaps just leaving them as non-paying research alts) which will put even more downward pressure on megacyte.

There might be some upward movement on Nocxium, but it could well be that the general downward pressure on the mineral basket overwhelms it and it just falls less than the rest.

Shar Tegral
Posted - 2010.04.07 23:35:00 - [175]
 

There are dozens of rationales fueling the speculators. Which ones are right, only patch day will tell.

Jerid Verges
Gallente
The Scope
Posted - 2010.04.08 04:29:00 - [176]
 

Edited by: Jerid Verges on 08/04/2010 04:29:34
What if CCP increased the mineral requirements to produce ships? Couldn't they do that to balance against mineral market oversupply?

Alain Kinsella
Minmatar
Posted - 2010.04.08 05:34:00 - [177]
 

From what I've seen in various areas, they're moving to ice belts in empire. Same Exhumer skill gets you Mackinaw bonus (just train the ice mining skill if you've not already), or just create a rather good AFK ice mining Hulk.

Also, I don't like having a character with no 'fallback' profession. So my missioner just recently got access to a ice-mining retriever, and I can mission L3 and maybe L4 if needed (though long-term I'd like to head toward Orca and Rorqual).

--A_K

Originally by: My Postman
But what will a dedicated miner do, not having any gunnery skills, starting doing L1 missions? Or moving to 0.0 with his hulk which is the only ship he can fly properly, completely depending on "good will" of his new 0.0 corps. Going to low sec for a suicide?

What will happen to "miner alts" when they canīt afford the plex anymore?



Alice Celadon
Sniggerdly
Pandemic Legion
Posted - 2010.04.08 05:57:00 - [178]
 

I predict low end minerals are all going up about 50% a few months after Tyrannis hits and will rise from there. It has nothing to do with loot drops or build requirements or anything of the kind.

Aeneidae
Caldari
Quallity Assurance Business Unit
Posted - 2010.04.08 06:49:00 - [179]
 

Originally by: Rodarine

Might seem like it now but with all these prices dropping it means people arent using them, you might be, but without people buying it it wont be long before you are out of cash and sitting on things that no one wants to buy, or can buy cheaper elsewhere. Also peopel are more apt to spend alittlemore if they know they are making alitle more, and have a pretty reliable source of income.



I buy my minerals in JITA. I produce stuff that is easily in the top 10 of most used ships/modules in EVE at the moment. I understand what you're saying, however it's actually a very low risk of me going out of business (which is irrelevant anyway as my production character is also my Marauder missioneer.

Quote:

It is awesome how people automatically think that lower prices means more profits for them. When in fact it is irrelevant. people will pay whatever. But if they dont have any money they wont pay anything.



Actually, i wasn't referring to me making bigger profits. I was referring strictly to me not having diminished profits due to Zyd and Mega going up. Smile


Shar Tegral
Posted - 2010.04.08 07:01:00 - [180]
 

Edited by: Shar Tegral on 08/04/2010 07:02:16
Originally by: Rodarine
It is awesome how people automatically think that lower prices means more profits for them. When in fact it is irrelevant. people will pay whatever. But if they dont have any money they wont pay anything.
For myself, I read this I thought, "awesome, another person who doesn't know what I know." Lower prices does mean more profits for me.

Last year, I bought several million units of fullerides at 250 isk per unit. I bought so much because I believed the price had bottomed and I use a lot of it in my production cycles. Imagine my surprise when I come back after a 6 month vacation and prices are 1000 - 1200 per unit.

I may factor the price for my products at 1000 isk per unit (heck I even sold off several millions straight to the market) but it still only cost me 250 isk per unit.

Guess what: That's enough profit for me.

So, as things bottom out today I will buy up plenty of it thinking about my production needs tomorrow, next week, next month, and next year. Between us, you and I, it is likely only one of us will profit sense you don't seem to factor in anything other than today.

This is what ITSAssassin would like to hide.


Pages: 1 2 3 4 5 [6] 7

This thread is older than 90 days and has been locked due to inactivity.


 


The new forums are live

Please adjust your bookmarks to https://forums.eveonline.com

These forums are archived and read-only