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blankseplocked Akita T - 20 billion ISK wager on Mineral Basket Prices
 
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Akita T
Caldari Navy Volunteer Task Force
Posted - 2010.08.20 18:39:00 - [301]
 

Edited by: Akita T on 20/08/2010 18:40:35
Originally by: Kharass Al'Quam
I might not be a market guru that write many words, but i sure like being right.

...and everything is propped up by mainly just Mexallon, while the market is still highly unstable.
Oh, well, one can't always be completely right.

Whitehound
The Whitehound Corporation
Frontline Assembly Point
Posted - 2010.08.20 19:43:00 - [302]
 

Originally by: Akita T
...and everything is propped up by mainly just Mexallon, while the market is still highly unstable.
Oh, well, one can't always be completely right.

When Chribba says, "Veldspar is Veldspar" does one believe him, because it is a simple truth to believe. The man then knows his rocks.

You make stupid predictions, pulled out of thin air and based on a lucky hunch, ready to put it down with an even stupider comment should it be wrong. Only God knows what you know.

Akita T
Caldari Navy Volunteer Task Force
Posted - 2010.08.20 20:28:00 - [303]
 

If you say so...

Whitehound
The Whitehound Corporation
Frontline Assembly Point
Posted - 2010.08.20 20:55:00 - [304]
 

Originally by: Akita T
If you say so...

If?!

Someone just stole Akita's account! She never uses the word "If", ever!

Akita T
Caldari Navy Volunteer Task Force
Posted - 2010.08.20 21:22:00 - [305]
 

Right...

Zorn Baderdash
Posted - 2010.08.20 23:22:00 - [306]
 

I for one, admire the balls to bet like this.

Shar Tegral
Posted - 2010.08.21 00:32:00 - [307]
 

Originally by: Zorn Baderdash
I for one, admire the balls to bet like this.
And now you understand all the envy... errr... trolling.

Whitehound
The Whitehound Corporation
Frontline Assembly Point
Posted - 2010.08.21 08:39:00 - [308]
 

Originally by: Shar Tegral
And now you understand all the envy... errr... trolling.

Technically is betting the same as trolling.

Only those with too much ISKs, or with ISKs ready to lose or not knowing what to with it otherwise, are no different from people, who open their mouths for no particular reason.

Londo Cebb
Official Market Discussions Troll
Posted - 2010.08.21 09:37:00 - [309]
 

Originally by: Whitehound
Originally by: Shar Tegral
And now you understand all the envy... errr... trolling.

Technically is betting the same as trolling.

Only those with too much ISKs, or with ISKs ready to lose or not knowing what to with it otherwise, are no different from people, who open their mouths for no particular reason.



There is one difference. When betting you have the possibility of winning, when trolling you always lose.

Whitehound
The Whitehound Corporation
Frontline Assembly Point
Posted - 2010.08.21 11:44:00 - [310]
 

Edited by: Whitehound on 21/08/2010 11:48:19
Originally by: Londo Cebb
There is one difference. When betting you have the possibility of winning, when trolling you always lose.

Correct me if I am wrong, but isn't a troll the one who always wins?

Quantessa
Posted - 2010.08.21 13:15:00 - [311]
 

What are you even talking about Whitehound? Trolling is not the same as betting. Walk into a betting shop and ask to place a troll on a horse running in the 3.15 at Haymarket and they won't know what you're talking about.

This thread has been an interesting look at the way the market develops in Eve. It has been educational. It seems to imply that the market lands softer than people generally expect, implying in turn that stockpiles are larger than people figure. Of course other factors played a part too.

This was not a troll thread because for those of us who followed it there was interesting information about Eve market economics.

Whitehound
The Whitehound Corporation
Frontline Assembly Point
Posted - 2010.08.21 16:57:00 - [312]
 

Originally by: Quantessa
What are you even talking about Whitehound? Trolling is not the same as betting.

Trolling is not identical to betting, but that is not what I said.

Quantessa
Posted - 2010.08.21 23:47:00 - [313]
 

Erm, it's not technically humour if you're the only person who laughs.

Akita T
Caldari Navy Volunteer Task Force
Posted - 2010.08.22 00:49:00 - [314]
 

Well, he feels hurt by the thought people are making bets against possible outcomes of a very complex system, and also about the existence of T2 BPOs. He's sensitive like that. We better not upset him and let him finish his warm milk, then go to bed clutching his safety blanket.

Whitehound
The Whitehound Corporation
Frontline Assembly Point
Posted - 2010.08.22 07:16:00 - [315]
 

Edited by: Whitehound on 22/08/2010 07:19:22
Originally by: Quantessa
Erm, it's not technically humour if you're the only person who laughs.

And: it also counts as humour when it is only you who is not laughing.

Whitehound
The Whitehound Corporation
Frontline Assembly Point
Posted - 2010.08.22 07:19:00 - [316]
 

Edited by: Whitehound on 22/08/2010 07:23:27
Originally by: Akita T
Well, he feels hurt by the thought people are making bets against possible outcomes of a very complex system, and also about the existence of T2 BPOs. He's sensitive like that. We better not upset him and let him finish his warm milk, then go to bed clutching his safety blanket.


No, I do not feel hurt. For one am I disgusted by the length of this thread over a pointless bet, and secondly is it stupid to argue in all seriousness about it.

Are you saying the Earth's rotation is not a complex system?

Malcanis
Caldari
Vanishing Point.
The Initiative.
Posted - 2010.08.22 07:43:00 - [317]
 

Originally by: Whitehound
Edited by: Whitehound on 22/08/2010 07:23:27
Originally by: Akita T
Well, he feels hurt by the thought people are making bets against possible outcomes of a very complex system, and also about the existence of T2 BPOs. He's sensitive like that. We better not upset him and let him finish his warm milk, then go to bed clutching his safety blanket.


No, I do not feel hurt. For one am I disgusted by the length of this thread over a pointless bet, and secondly is it stupid to argue in all seriousness about it.

Are you saying the Earth's rotation is not a complex system?


Not too disgusted to do more than anyone else to keep it alive and growing though...

Whitehound
The Whitehound Corporation
Frontline Assembly Point
Posted - 2010.08.22 07:59:00 - [318]
 

Originally by: Malcanis
Not too disgusted to do more than anyone else to keep it alive and growing though...

I am not the topic. The topic is, still, a bet.

Estel Arador
Posted - 2010.08.22 09:50:00 - [319]
 

At this point I'd like to bet 1B isk that Whitehound likes to hear himself talk just a little bit too much. Any takers?

Whitehound
The Whitehound Corporation
Frontline Assembly Point
Posted - 2010.08.22 10:00:00 - [320]
 

Originally by: Estel Arador
At this point I'd like to bet 1B isk that Whitehound likes to hear himself talk just a little bit too much. Any takers?

Am I allowed to take part in the bet, too, or am I just the subject of your trolling?

Hitail
Posted - 2010.08.22 12:58:00 - [321]
 

Is the Whitehound Corporation recruiting?

Whitehound
The Whitehound Corporation
Frontline Assembly Point
Posted - 2010.08.22 13:28:00 - [322]
 

Originally by: Hitail
Is the Whitehound Corporation recruiting?

It is open for those who know what they are doing. Make sure you have read the recruitment thread before you apply.

Uppsy Daisy
Caldari
Deteis Industries
Posted - 2010.09.20 16:33:00 - [323]
 

Anyone interested in where the basket price is now?
Would you have won that bet in the long term Akita?

Tasko Pal
Aliastra
Posted - 2010.10.09 04:35:00 - [324]
 

I happen to be interested in the end of stable insurance and thought it might be worth resurrecting this thread. Using average prices for the Forge region, I get 67 mil for the raven basket. Looks like the decline in the low ends (mex on down) was countered by high ends, particularly nocxium, zydrine, and mega.

The related rokh market is extraordinarily stable. There's almost no variation in trade price (in the Forge) over the past year.

Caldariftw123
Posted - 2010.11.27 16:34:00 - [325]
 

Edited by: Caldariftw123 on 27/11/2010 16:36:05
Originally by: Akita T

22.07.2010 : 67,416,291 ISK (2.49/4.67/33.63/58.78/137.16/1,041.82/2,375.73) - Thu - JD4 - BET LOST





I find it interesting to note that in this thread the mineral basket price is 69,674,746.85, when this bet was lost with Akita T it was the above mentioned 67,416,291 - but if you take into account the massive spike of Nocxium (Does anyone know why this mineral spiked? I will look into it shortly but would be nice to see other people's opinions) that pretty much doubled the cost of the Nocxium used in the build the Raven mineral basket price is actually 64,758,573.43. As some minerals drop, some others rise, perhaps insurance had less of an effect on the 'basket' than people thought?

Looks like Akita T's reasoning for suspecting a decline was pretty good to me, but a) didn't take enough other factors into account and b) the Mex rise was unexpected/manipulated at the time of the actual bet .. oops.

Diomedes Calypso
Aetolian Armada
Posted - 2011.01.06 04:14:00 - [326]
 

whats the current basket price ? (anyone have an easy link for something close to that?)

Veliria
Posted - 2011.01.06 08:15:00 - [327]
 

One thing I've noticed is that while Zydrine (and Megacyte as well) are going down, Nocxium has finally returned to a meaningful price.
Means Pyro and low-sec ores are no longer the most worthless ores around.

Caldariftw123
Posted - 2011.01.06 12:36:00 - [328]
 

Originally by: Veliria
One thing I've noticed is that while Zydrine (and Megacyte as well) are going down, Nocxium has finally returned to a meaningful price.
Means Pyro and low-sec ores are no longer the most worthless ores around.


Not sure why you say 'returned to a meaninful price' when it's basically at a 1 year high?


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