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Daerkannon Shimmerscale
Gallente Paxton Industries Paxton Federation
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Posted - 2007.12.17 21:55:00 -
[1]
I was going to entitle this fear, greed and laziness, but then I realized that sloth sounds better.
Basically I'm sitting here at work, bored out of my mind and waiting for my holidays to start and I got to wondering what are the other primary factors that motivate the markets?
Fear is an obvious one. The fear of losing ISK. It drives prices down faster than anything else I know.
Greed is natural of course, but it becomes a greater force when the promise of large profits cause prices to spiral upwards way out of the realm of reason and eventually bursts as the market corrects itself (see fear).
Laziness is what drives that mission runner to buy the same module for you for 20% more than he could get one jump away (ignore the time value of time spent traveling for purposes of this discussion or we'll be retreading old ground).
So what other motivating factors do you see at work in the markets? --- Honest officer, the dwarf was on fire when I got here! Can't find a mechanical engineering agent? Need a non-Caldari Navy agent? http://www.eve-agents.com/ for all your agent needs! |
Devian 666
Igneus Auctorita GoonSwarm
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Posted - 2007.12.17 22:00:00 -
[2]
People's inability to correctly calculate profits.
Popular notions such as sell all your ME datacores after the patch.
Originally by: Darcuese I wouldnt care about Goons tbh. Im more concern about ppl stupidity generally.
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Giovanni F
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Posted - 2007.12.17 22:02:00 -
[3]
Ambition (which may be tied to greed), and pride. Those with ambition are the ones who start off with their small sum of startup capital with dreams and hopes of becoming the next big player on the markets, which in turns add liquidity and new products on the market, creating competition and lowering prices for the consumer.
Pride is the next, and is tied to those situations where more than one trader of a particular item engage in a bidding war. The one with pride knows that by increasing his/her buy order by a large amount each time in response to his opponent's .01 isk increase, he is slowly dwindling the profit margins, possibly to the point of the margins being so low that others would find trading the item to be a waste of time and isk, but for the one with pride, its the idea of winning against his enemy, and his absolute disdain of falling prey to an 0.01 isk warrior that keeps him in the market.
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McRuder
Gallente Magnets and Duct Tape
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Posted - 2007.12.17 23:01:00 -
[4]
Avaritia - Greed. The pursuit of money. Gula - Gluttony. Storing and hoarding money or assets. Acedia - Sloth. Laziness. Invidia - Envy. Being the richest. Superbia - Pride.
Maybe we should rename this forum to "Inferno"?
But beyond that I think you missed one ... Control. Dominatus Rexi. |
Sicil Fioet
Minmatar
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Posted - 2007.12.18 01:34:00 -
[5]
man, this makes me wish they had indulgences as ingame item i'd go buy some
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Shadarle
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Posted - 2007.12.18 01:39:00 -
[6]
Greed...is good.
Tanking Setups Compared
Stacking Penalty / Resists Explained |
Shar Tegral
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Posted - 2007.12.18 01:47:00 -
[7]
Edited by: Shar Tegral on 18/12/2007 01:47:55
Originally by: Shadarle Greed is good.
And healthy. Man - every man - is an end in himself, not the means to the ends of others. He must exist for his own sake, neither sacrificing himself to others nor sacrificing others to himself. The pursuit of his own rational self-interest and of his own happiness is the highest moral purpose of his life.Edit note: One of my rare edits, I just thought the default font size sucked for such a good quote.
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Rho'varo
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Posted - 2007.12.18 13:21:00 -
[8]
Originally by: Shar Tegral
Originally by: Shadarle Greed is good.
And healthy. "Man - every man - is an end in himself, not the means to the ends of others. He must exist for his own sake, neither sacrificing himself to others nor sacrificing others to himself. The pursuit of his own rational self-interest and of his own happiness is the highest moral purpose of his life." Edit note: One of my rare edits, I just thought the default font size sucked for such a good quote.
"Philosophical principles are no substitute for thinking, yet many Objectivists act as if they were." |
Jolaqa Voruska
Minmatar Native Freshfood
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Posted - 2007.12.18 14:44:00 -
[9]
Patience Planning Perseverance
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.12.18 14:57:00 -
[10]
Edited by: Ricdic on 18/12/2007 15:03:59 This pretty much summarises the whole thread
http://oldforums.eveonline.com/?a=topic&threadID=500043 Largest Empire Research Alliance in EVE! |
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Daerkannon Shimmerscale
Gallente Paxton Industries Paxton Federation
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Posted - 2007.12.18 15:38:00 -
[11]
Originally by: Ricdic This pretty much summarises the whole thread
Hmm... well I think that covers "Lust" pretty well. Been trying to figure out how to cover that one in the Eve markets. There was a website oh so long ago that tried to market an IGB website to 'bored miners', but it never really got past the launch stage. --- Honest officer, the dwarf was on fire when I got here! Can't find a mechanical engineering agent? Need a non-Caldari Navy agent? http://www.eve-agents.com/ for all your agent needs! |
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