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Author |
Thread Statistics | Show CCP posts - 1 post(s) |
Mara Rinn
Cosmic Industrial Complex Cosmic Consortium
1227
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Posted - 2012.04.18 09:36:00 -
[1] - Quote
I have been desperately trying my noob hand at station trading and have found that with Nocxium I am having trouble getting the price above 1000 ISK. In one market I have been buying up Pyroxeres and Nocxium but as Nocxium tips over the 1000 ISK line the supplies of Nocx have grown significantly: more than I can easily explain by the number of miners out in the belts.
Is there another book burning going on here? Some new NPC item that refines to Nocxium at approximately 1050 ISK per unit?
No doubt we will see a patch come out soon to reveal this secret. I just hate not being in on the game before its over :P |
Lauren Hellfury
Full Pocket Aggro In Vitro.
325
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Posted - 2012.04.18 09:42:00 -
[2] - Quote
Just the effects of the BRN. There is nothing but psychology holding the value of nocx below 1kpu.
It hits 1kpu people get nervous and offload stocks, price drops. It's getting quicker at recovering though. Help rid New Eden of T2 BPOs:-áhttps://forums.eveonline.com/default.aspx?g=posts&t=62797 The Full Pocket Aggro blog:-á http://fullpocketaggro.blogspot.com/ Now showing: The incursion situation |
Tekota
The Freighter Factory
243
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Posted - 2012.04.18 09:44:00 -
[3] - Quote
Mara Rinn wrote:...more than I can easily explain by the number of miners out in the belts.
How many miners are there out in the belts? |
Johnny Frecko
Fruidian Logic
13
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Posted - 2012.04.18 09:46:00 -
[4] - Quote
psy-barrier. as been stated above me. once the prices will steadily cross the 1000, people will create a new barrier, could be at 1100, could be at 2000, no one knows. That's how it is. |
Raiz Nhell
DEEP CORPS
85
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Posted - 2012.04.18 09:54:00 -
[5] - Quote
Heaps of the little buggers... I've had to move systems twice in the last few days to even get to look at pyrox...
I've flown into several belts and thought to myself "where is a Tornado or 27 when you need one"
Seriously thinking about a sec status hit to clear the belts...
I'm so carebear my Pod bleeds rainbow...
Beers + nullsec + dodgy fit = Loss mail |
Mara Rinn
Cosmic Industrial Complex Cosmic Consortium
1227
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Posted - 2012.04.18 09:57:00 -
[6] - Quote
Tekota wrote:Mara Rinn wrote:...more than I can easily explain by the number of miners out in the belts. How many miners are there out in the belts?
In the areas that I have been watching, around Genesis, Kador and The Forge there are one or two new faces for every dozen regulars or so. Not a significant increase. |
Mara Rinn
Cosmic Industrial Complex Cosmic Consortium
1227
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Posted - 2012.04.18 10:03:00 -
[7] - Quote
Raiz Nhell wrote:Heaps of the little buggers... I've had to move systems twice in the last few days to even get to look at pyrox..
Wow! Where are you mining? |
Tekota
The Freighter Factory
243
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Posted - 2012.04.18 10:03:00 -
[8] - Quote
Raiz Nhell wrote:Heaps of the little buggers... I've had to move systems twice in the last few days to even get to look at pyrox...
I've flown into several belts and thought to myself "where is a Tornado or 27 when you need one"
Seriously thinking about a sec status hit to clear the belts...
Exactly :o) And coincidentally, Tornados contain zero nocx :o)
Of all the recent mineral posts very few of them (with the exception of Scrapyard Bob) have any attempt at math content, mostly relying on gut feeling and treating individual minerals in isolation.
Whether there's enough pyrox in high sec to supply all the needed nocx is up for debate, what with the very small quantities contained within - but what we can be rather sure of is that no highsec ore will run away from the others in isk/hour and we can be fairly sure that the closer the isk/hour of mining gets to L4 mission running the more bears will turn mining. |
Tekota
The Freighter Factory
243
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Posted - 2012.04.18 10:07:00 -
[9] - Quote
Mara Rinn wrote:Tekota wrote:Mara Rinn wrote:...more than I can easily explain by the number of miners out in the belts. How many miners are there out in the belts? In the areas that I have been watching, around Genesis, Kador and The Forge there are one or two new faces for every dozen regulars or so. Not a significant increase.
Barge/exhumer and crystal volumes would tend to disagree with you. |
Tekota
The Freighter Factory
243
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Posted - 2012.04.18 10:24:00 -
[10] - Quote
To put it simply - the question you have to ask is will the price of nocx be dictated by high sec mining or by null sec mining?
If the price of nocx is ultimately determined by high sec mining then no, the price of nocx will only reach 2000 if (a) the price of mexallon plummets through the floor or (b) the price of trit rises to 10+.
If the price of nocx is determined by null sec mining and rises to 2000 then the price of mexallon will plummet through the floor.
High sec ores will track eachother quite well in isk/hour. If the price of nocx rises (eg because it's price is determined by null mining) then this would result in pyroxes being vastly more profitable in high sec than other ores - that scenario won't last more than a few days, the flood of miners to pyrox will result in an oversupply of mex resulting in that plummeting until the isk/hour of pyroxes is closer to other high sec ores. |
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Vaerah Vahrokha
Vahrokh Consulting
615
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Posted - 2012.04.18 11:29:00 -
[11] - Quote
Lauren Hellfury wrote:Just the effects of the BRN. There is nothing but psychology holding the value of nocx below 1kpu.
It hits 1kpu people get nervous and offload stocks, price drops. It's getting quicker at recovering though.
Hehe my market voodoo got viral!
Jokes apart, you almost make me want to log in and check the market.
Tekota wrote:To put it simply - the question you have to ask is will the price of nocx be dictated by high sec mining or by null sec mining?
If the price of nocx is ultimately determined by high sec mining then no, the price of nocx will only reach 2000 if (a) the price of mexallon plummets through the floor or (b) the price of trit rises to 10+.
If the price of nocx is determined by null sec mining and rises to 2000 then the price of mexallon will plummet through the floor.
High sec ores will track eachother quite well in isk/hour. If the price of nocx rises (eg because it's price is determined by null mining) then this would result in pyroxes being vastly more profitable in high sec than other ores - that scenario won't last more than a few days, the flood of miners to pyrox will result in an oversupply of mex resulting in that plummeting until the isk/hour of pyroxes is closer to other high sec ores.
Also, don't forget how pyroxeres is the second most frequent roid spawned inside missions. Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel |
Lauren Hellfury
Full Pocket Aggro In Vitro.
326
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Posted - 2012.04.18 11:33:00 -
[12] - Quote
See, the thing is VV, I'm not capable of understanding all that TA stuff. Even with my hair up it still goes straight over my head. The BRN is something simple enough for me to understand even if it does start making me think that your whole TA thing is a troll that I just didn't get. Help rid New Eden of T2 BPOs:-áhttps://forums.eveonline.com/default.aspx?g=posts&t=62797 The Full Pocket Aggro blog:-á http://fullpocketaggro.blogspot.com/ Now showing: The incursion situation |
Mara Rinn
Cosmic Industrial Complex Cosmic Consortium
1227
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Posted - 2012.04.18 11:34:00 -
[13] - Quote
Tekota wrote:Barge/exhumer and crystal volumes would tend to disagree with you.
So you don't think sales of those items will be driven by people stocking up for Hulkageddon?
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Mara Rinn
Cosmic Industrial Complex Cosmic Consortium
1227
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Posted - 2012.04.18 11:49:00 -
[14] - Quote
BRN? Oh, VV and Market Voodo? So BRN must be "Big Round Number"?
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Mara Rinn
Cosmic Industrial Complex Cosmic Consortium
1227
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Posted - 2012.04.18 11:53:00 -
[15] - Quote
Vaerah Vahrokha wrote:Also, don't forget how pyroxeres is the second most frequent roid spawned inside missions.
I was going to challenge that, then I realised that there are a lot more missions with asteroids in them than my regular level 4s :)
Thank you for the reminder, voodoo girl. |
Mookie Quantico
Science and Trade Institute Caldari State
19
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Posted - 2012.04.18 12:17:00 -
[16] - Quote
Once the existing inventories are used, the influx from Empire miners will no longer be able to hold down the price.
Give it a few weeks, and prices will rise steadily.
Prices will also take a bit of a dip now and then as folks get impatient and take profits... or simply run out of HULKs.
Mook
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Block Ukx
Forge Laboratories
67
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Posted - 2012.04.18 13:49:00 -
[17] - Quote
1,050 ISK is not a stable price for Nocxium unless Tritanium reach 12 ISK and Pyerite reach 19 ISK and miners make 39 M ISK /hour. It is possible Nocxium is signaling major price inflation.
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Krixtal Icefluxor
Bison - Ammatar Thunder Thundering Herd
543
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Posted - 2012.04.18 14:11:00 -
[18] - Quote
Sometime next week comes Hulkageddon which will leave hardly anyone mining ANY descent amount in High Sec.
Shortly to follow is the Drone Alloy change.
I don't think we have even seen the beginning of it yet.
3,000 ISK Nocxium is probably not too far away TBH. There isn't anything left for you to do to Carebears. -áGo, kill them some more. They're like fungus or bacteria, they won't die and they won't stop. All you have to show for years of organized harassment campaigns against them is ... nothing. |
corestwo
Goonfleet Investment Banking
176
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Posted - 2012.04.18 14:35:00 -
[19] - Quote
Block Ukx wrote: 1,050 ISK is not a stable price for Nocxium unless Tritanium reach 12 ISK and Pyerite reach 19 ISK and miners make 39 M ISK /hour. It is possible Nocxium is signaling major price inflation.
THIS THREAD, wherein our main actor Block Ukx pulls numbers forth from his nether regions and posts them, hoping that everyone will believe them because of course he's supposed to be a minerals guru. |
OllieNorth
Recidivists Incorporated
161
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Posted - 2012.04.18 15:00:00 -
[20] - Quote
I can give everyone a strong indicator that it is time to get out of minerals:
I am strongly considering resubbing my mining alt. As soon as I do this, the mineral basket is literally guaranteed to crash. Usually within minutes. As a result, I am willing to take donations to ensure that said mining alt is not resubbed. Send ISK to this character. |
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Droxlyn
TOHA Heavy Industries TOHA Conglomerate
77
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Posted - 2012.04.18 15:08:00 -
[21] - Quote
If you have troubles finding Pyro, run level 2 security missions. Several of them have a decent amount of it in them. http://eve-survival.org/wikka.php?wakka=MiningInMissions
This even works in regions that do not have natural Pyro in them. |
Invictra Atreides
Toward the Terra
64
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Posted - 2012.04.18 15:09:00 -
[22] - Quote
OllieNorth wrote:I can give everyone a strong indicator that it is time to get out of minerals:
I am strongly considering resubbing my mining alt. As soon as I do this, the mineral basket is literally guaranteed to crash. Usually within minutes. As a result, I am willing to take donations to ensure that said mining alt is not resubbed. Send ISK to this character. I know this felling. Some people can predict their own misfortune weary well. Blog |-áTutorials | Youtube "I donGÇÖt know everything, I just know what I know." |
Krixtal Icefluxor
Bison - Ammatar Thunder Thundering Herd
544
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Posted - 2012.04.18 15:14:00 -
[23] - Quote
A new-ish Level I Security Mission called "Fair Play (Parts 1-5)" has, weirdly EIGHT Orcas of Condenced Veld, Veld, Pyrox, and Rich Plag. Part 3 has 4 Orcas of Veld, Plag, and Pyrox.
Confirmed for Ammatar and Gallente Empire Corps so far. There isn't anything left for you to do to Carebears. -áGo, kill them some more. They're like fungus or bacteria, they won't die and they won't stop. All you have to show for years of organized harassment campaigns against them is ... nothing. |
Tekota
The Freighter Factory
245
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Posted - 2012.04.18 15:22:00 -
[24] - Quote
Krixtal Icefluxor wrote:Sometime next week comes Hulkageddon which will leave hardly anyone mining ANY descent amount in High Sec.
Shortly to follow is the Drone Alloy change.
I don't think we have even seen the beginning of it yet.
You don't consider the near doubling of nocx prices over the last few weeks to have taken these things into account?
Krixtal Icefluxor wrote:3,000 ISK Nocxium is probably not too far away TBH.
I counter your spurious figures with.... MATHS:
Current price of 1m3 of pyroxes is made up as follows: 8.44 trit @ 6.22 = 52.49 0.59 pye @ 7.19 = 4.24 1.2 mex @ 53.26 = 63.91 0.11 nocx @ 962.97 = 105.92 = 226.56 (or 22.6m per hour per hulk at 100k m3/hour)
If we keep trit, pye and mex at same prices but make nocx 3000 per unit then we have the following: 8.44 trit @ 6.22 = 52.49 0.59 pye @ 7.19 = 4.24 1.2 mex @ 53.26 = 63.91 0.11 nocx @ 3000 = 330 = 450.64 (or 45m per hour per hulk)
I think most would agree that we really can't envision hi sec miners making 45m per hour - at those prices it starts taking huge chunks out of L4 mission running and even starts knocking on the door of incursions.
Now, as mentioned above, hi sec ores track eachother quite closely, miners can easily swap from one ore to another and will routinely check Cerleste's ore table or similar for the "ore du jour". As such, if pyroxes were to hit 45m per hour then other hi sec ores must also. So to equalalise veld and pyrox at 45m per hour whilst keeping nocx prices at 3000 per unit we're looking at the following prices:
veldspar 30.03 @ 14.98 = 450 = 450 (or 45m per hour per hulk)
pyroxes 8.44 trit @ 14.98 = 126.43 0.59 pye @ 7.19 = 4.24 1.2 mex @ 0 = 0 0.11 nocx @ 3000 = 330 = 460.67 (or 46m per hour per hulk
That's right, in order to equalise veldspar with pyroxes at 45m per hour we'd have to have trit prices at 14.98 and then in order to keep pyroxes at 45m per hour (taking into account trit at 14.98) we've have to make mexallon *free*. |
Krixtal Icefluxor
Bison - Ammatar Thunder Thundering Herd
544
|
Posted - 2012.04.18 15:27:00 -
[25] - Quote
Tekota wrote:Krixtal Icefluxor wrote:Sometime next week comes Hulkageddon which will leave hardly anyone mining ANY descent amount in High Sec.
Shortly to follow is the Drone Alloy change.
I don't think we have even seen the beginning of it yet. You don't consider the near doubling of nocx prices over the last few weeks to have taken these things into account? Krixtal Icefluxor wrote:3,000 ISK Nocxium is probably not too far away TBH. I counter your spurious figures with.... MATHS: unbelievable crap SNIPPED
Really, you need to get some sunshine. Really. There isn't anything left for you to do to Carebears. -áGo, kill them some more. They're like fungus or bacteria, they won't die and they won't stop. All you have to show for years of organized harassment campaigns against them is ... nothing. |
Tekota
The Freighter Factory
248
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Posted - 2012.04.18 15:48:00 -
[26] - Quote
Krixtal Icefluxor wrote:Krixtal Icefluxor wrote:unbelievable crap SNIPPED Really, you need to get some sunshine. Really.
Bless. Primary school mathematics devastatingly destroyed by playground insults.
How about a friendly wager then? I'll pay 100m if the price of nocxium, as measured by the Forge average price column, breaks 3000 on any day over the next two months, you pay 100m if it doesn't?
Happy to run it on forum e-honour or we can lob it at a third party if you don't trust me :o) |
Krixtal Icefluxor
Bison - Ammatar Thunder Thundering Herd
544
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Posted - 2012.04.18 16:08:00 -
[27] - Quote
Tekota wrote:
Happy to run it on forum e-honour or we can lob it at a third party if you don't trust me :o)
Time for bed, child. There isn't anything left for you to do to Carebears. -áGo, kill them some more. They're like fungus or bacteria, they won't die and they won't stop. All you have to show for years of organized harassment campaigns against them is ... nothing. |
Tekota
The Freighter Factory
248
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Posted - 2012.04.18 16:18:00 -
[28] - Quote
Krixtal Icefluxor wrote:Time for bed, child.
Awww :o) Oh well, offers open if you should somehow summon the testicular fortitude to put your money where your mouth is :o) |
OllieNorth
Recidivists Incorporated
163
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Posted - 2012.04.18 16:22:00 -
[29] - Quote
In other news, innocent passerby in Market Discussions were injured by a hail of shrapnel as a result of furious purse-swinging in a Nocxium market manipulation thread. Early Sisters of Eve reports list 3 dead, 14 injured, and 2 missing as of this time. Authorities issued a statement of "Calm down ladies." |
Krixtal Icefluxor
Bison - Ammatar Thunder Thundering Herd
544
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Posted - 2012.04.18 18:58:00 -
[30] - Quote
OllieNorth wrote:In other news, innocent passerby in Market Discussions were injured by a hail of shrapnel as a result of furious purse-swinging in a Nocxium market manipulation thread.
....turned into troll thread instead There isn't anything left for you to do to Carebears. -áGo, kill them some more. They're like fungus or bacteria, they won't die and they won't stop. All you have to show for years of organized harassment campaigns against them is ... nothing. |
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