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261. Miners: your income is getting slashed - in EVE General Discussion [original thread]
That's right, Harry, if all orders require cash up front the cost of mins will go up (the ask price). And the bid price will go down. Its called the "spread". Miners will get less for their minerals/ore and manufacturers will pay more for their mi...
- by Droidster - at 2004.07.31 19:53:00
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262. Miners: your income is getting slashed - in EVE General Discussion [original thread]
That's right, Harry, if all orders require cash up front the cost of mins will go up (the ask price). And the bid price will go down. Its called the "spread". Miners will get less for their minerals/ore and manufacturers will pay more for their mi...
- by Droidster - at 2004.07.31 19:53:00
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263. Miners: your income is getting slashed - in EVE General Discussion [original thread]
Edited by: Droidster on 31/07/2004 19:29:33 Reply to Orestes - Quote: "Why are you placing huge quantity orders when there's no guarantee they'll fill" Because the trader doesn't know ahead of time which will fill and which won't. In my exam...
- by Droidster - at 2004.07.31 18:57:00
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264. Miners: your income is getting slashed - in EVE General Discussion [original thread]
Edited by: Droidster on 31/07/2004 19:29:33 Reply to Orestes - Quote: "Why are you placing huge quantity orders when there's no guarantee they'll fill" Because the trader doesn't know ahead of time which will fill and which won't. In my exam...
- by Droidster - at 2004.07.31 18:57:00
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265. Miners: your income is getting slashed - in EVE General Discussion [original thread]
Reply to Orestes - When a trader makes profit it is a question of (1) the margin (2) the rate the order is filled (3) the shipping costs to the sell location, and (4) how long it will take to sell. If I am restricted to my cash on hand for my b...
- by Droidster - at 2004.07.31 18:12:00
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266. Miners: your income is getting slashed - in EVE General Discussion [original thread]
Reply to Orestes - When a trader makes profit it is a question of (1) the margin (2) the rate the order is filled (3) the shipping costs to the sell location, and (4) how long it will take to sell. If I am restricted to my cash on hand for my b...
- by Droidster - at 2004.07.31 18:12:00
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267. Miners: your income is getting slashed - in EVE General Discussion [original thread]
Orestes - the reason liquidity will shrivel is that traders like me will no longer be able maintain all their orders. For example, lets say a trader has a bankroll of 20 million and they want to trade in isogen. They put up orders 100K @65 in outl...
- by Droidster - at 2004.07.31 17:40:00
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268. Miners: your income is getting slashed - in EVE General Discussion [original thread]
Orestes - the reason liquidity will shrivel is that traders like me will no longer be able maintain all their orders. For example, lets say a trader has a bankroll of 20 million and they want to trade in isogen. They put up orders 100K @65 in outl...
- by Droidster - at 2004.07.31 17:40:00
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269. Miners: your income is getting slashed - in EVE General Discussion [original thread]
Danton is right. The change will severely damage the market and push the armaments trade onto the market forum and external sites. The market forum will become a "spam fest" as he says. BTW this change will not decrease the income of traders like...
- by Droidster - at 2004.07.31 17:04:00
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270. Miners: your income is getting slashed - in EVE General Discussion [original thread]
Danton is right. The change will severely damage the market and push the armaments trade onto the market forum and external sites. The market forum will become a "spam fest" as he says. BTW this change will not decrease the income of traders like...
- by Droidster - at 2004.07.31 17:04:00
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271. Miners: your income is getting slashed - in EVE General Discussion [original thread]
30% I picked this number as a rough estimate of what the price will drop on the most heavily traded commodities, mins. Like I said the price will probably drop a minimum 15% in core empire and 40-50% in outlying areas, so I averaged this to 30% o...
- by Droidster - at 2004.07.31 16:36:00
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272. Miners: your income is getting slashed - in EVE General Discussion [original thread]
30% I picked this number as a rough estimate of what the price will drop on the most heavily traded commodities, mins. Like I said the price will probably drop a minimum 15% in core empire and 40-50% in outlying areas, so I averaged this to 30% o...
- by Droidster - at 2004.07.31 16:36:00
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273. Miners: your income is getting slashed - in EVE General Discussion [original thread]
As to "fake buy orders", how many have you actually encountered? I am a trader. I execute hundreds of buys every week. I can tell you in the last 2 months I have had a buy order fail on me exactly TWICE. We are talking <1% of trades. Also, if t...
- by Droidster - at 2004.07.31 16:27:00
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274. Miners: your income is getting slashed - in EVE General Discussion [original thread]
As to "fake buy orders", how many have you actually encountered? I am a trader. I execute hundreds of buys every week. I can tell you in the last 2 months I have had a buy order fail on me exactly TWICE. We are talking <1% of trades. Also, if t...
- by Droidster - at 2004.07.31 16:27:00
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275. Miners: your income is getting slashed - in EVE General Discussion [original thread]
Edited by: Droidster on 31/07/2004 16:47:48 ATTENTION ALL MINERS - PREPARE TO LOSE 30% OF YOUR INCOME IN SHIVA The devs have made the following statement regarding Shiva: "When placing a bid order (buying stuff), the order amount will be put ...
- by Droidster - at 2004.07.31 15:56:00
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276. Miners: your income is getting slashed - in EVE General Discussion [original thread]
Edited by: Droidster on 31/07/2004 16:47:48 ATTENTION ALL MINERS - PREPARE TO LOSE 30% OF YOUR INCOME IN SHIVA The devs have made the following statement regarding Shiva: "When placing a bid order (buying stuff), the order amount will be put ...
- by Droidster - at 2004.07.31 15:56:00
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