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Author	Thread Statistics \| Show CCP posts - 0 post(s)
Yakar Kunn Hell's Blood-Bath	Posted - 2009.06.29 21:19:00 - [1] Edited by: Yakar Kunn on 29/06/2009 21:19:23 The chinese government has moved to ban the trade of digital money for real world currency. How do you guys think this will affect EVE? I would think that prices for items would go up (less macro miners and macro ratters)... oops forgot the link: http://www.informationweek.com/news/internet/ebusiness/showArticle.jhtml?articleID=218101859
Jin Nib	Posted - 2009.06.29 21:28:00 - [2] I doubt much would happen personaly. While there may be less mats floating into the market there will be a corrisponding loss of ISK. In other words being that it is somewhat balenced now, it will remain balenced in the future. Doubtless there will be some adjustment but it will probably be minor. Second, just getting rid of the Chinese isn't going to get rid of all the others from the rest of the world. Third, inorder for anything to happen they actually have to be able to enforce this nonsense, which is doubtful. -Jin Nib Trading on behalf of Opera Noir since: 2009.03.02 03:53:00
Gooba Budd	Posted - 2009.06.29 21:30:00 - [3] If any government is capable of regulating this, it would be China. Also, the majority of ISK farmers are from China (the article says something like 70% of virtual money farmers are from China). At the very least, I would expect a large amount of inflation as macro miners stop producing materials...
Sin Six	Posted - 2009.06.29 21:31:00 - [4] If they do manage to successfully enforce the rule, it could lead to a decline in the number of macro miners and a rise in the cost of low end minerals.....
Carbide Jones	Posted - 2009.06.29 21:38:00 - [5] More likely you are going to see a short term drop, but a long term increase...the "normal" business procedure for anything that the Central Committee outlaws is for the local Committees to follow along for a bit, then go back to business as usual once the new "business fees (aka bribes)" have been paid, and the farmers will need to increase their activity to cover the new expenses. And anyone saying how the Chinese are good at cracking down on illegal activity only has to remember back to that little environmental dumping incident that caused a city of 3 million to not be able to use the local water...as long as the bribes are paid locally they will turn a blind eye unless something major happens, then its executions and prison sentences, and no matter how hard they try gold farmers can't kill anyone, annoy yes, kill no
MeSo ANGRY	Posted - 2009.06.30 03:58:00 - [6] given that china is known for letting people off with dodgy ways to make money like the billion dollars car industry that is copying the european cars hard i doubt much will actually be done about gold farmer and this law is either just for RP purpose or to make it easier for them to deal with dodgier stuff rather than banning gold farming. alot of people dont have much money in china and farm gold for a living, this move cant be good for them if they are banning gold farming.
northwesten Amarr Trinity Corporate Services Novus Ordo Mundi	Posted - 2009.06.30 04:14:00 - [7] This explains why I haven't seen any macro for a while. Also I think this explains more why the minerals prices are changing with the Asteroid respawn changed as well. In turn I think this is bloody good news to me. Going back to player driven mining! Trinity Corporate Services
arjun Viziam	Posted - 2009.06.30 05:58:00 - [8] there also hasnt been the dayly influx of dronematerial worth 50 billion for a couple of days now
Dodgy Past	Posted - 2009.06.30 08:03:00 - [9] Originally by: MeSo ANGRY given that china is known for letting people off with dodgy ways to make money like the billion dollars car industry that is copying the european cars hard i doubt much will actually be done about gold farmer and this law is either just for RP purpose or to make it easier for them to deal with dodgier stuff rather than banning gold farming. alot of people dont have much money in china and farm gold for a living, this move cant be good for them if they are banning gold farming. The sad fact is that it will move the gold farmers closer to any organised crime over there, this'll be worse for the workers as the likelihood is that the cost of bribes will be coming out of their pay / conditions rather than any profit. There is no way it will actually stop gold farming.
Croixs	Posted - 2009.06.30 08:20:00 - [10] Originally by: Yakar Kunn Edited by: Yakar Kunn on 29/06/2009 21:19:23 The chinese government has moved to ban the trade of digital money for real world currency. How do you guys think this will affect EVE? I would think that prices for items would go up (less macro miners and macro ratters)... oops forgot the link: http://www.informationweek.com/news/internet/ebusiness/showArticle.jhtml?articleID=218101859 Looks nice on paper but China also said before that they would crack down on piracy, and we all know nothing has changed. Its one thing to say you will do it, and another thing to actually do what you said. Would be nice to see less RMT and macro isk farmers, but I wouldn't count on the Chinese to pull through with their promises.

Knopje	Posted - 2009.06.30 08:22:00 - [11] Quote: The extent to which the Chinese government will apply its virtual currency rule to online role playing games remains unclear. A report in the English-language China Daily says that in-game gear is not considered virtual currency, so selling virtual items may be allowed to continue. The ban has nothing to do with ISK, Gold or items. The ban has to do with the live trade in goods which cannot be controlled by the government.
Cyrudan Al'akir	Posted - 2009.06.30 08:28:00 - [12] Edited by: Cyrudan Al''akir on 30/06/2009 08:28:47 It would just open a hole in the market. RMT exist because people use it, and if the chinese can't do it anymore, it would just be a business opportunity for someone in Indonesia, Malaysia or India.
Croixs	Posted - 2009.06.30 10:49:00 - [13] Originally by: Cyrudan Al'akir Edited by: Cyrudan Al''akir on 30/06/2009 08:28:47 It would just open a hole in the market. RMT exist because people use it, and if the chinese can't do it anymore, it would just be a business opportunity for someone in Indonesia, Malaysia or India. Or the chinese will just outsource the business to other neighbor countries. Chinese business men run most of the businesses in neighboring countries as well.
Bangbroo TarNec New Eden Retail Federation	Posted - 2009.06.30 10:54:00 - [14] The problem is, most likely as stated above its gonna be criminal and it will hurt more then it already does. But also Chinese are not the only one farming. In every country there are sellers/farmers. Canada, Holland, Russia, England, Germany. Everywhere. But I admit a lot of them are in china actually I think the best thing to do is just stop playing eve and gimme al your stuff. ^^
Kazzac Elentria	Posted - 2009.06.30 12:12:00 - [15] Originally by: Croixs Originally by: Cyrudan Al'akir Edited by: Cyrudan Al''akir on 30/06/2009 08:28:47 It would just open a hole in the market. RMT exist because people use it, and if the chinese can't do it anymore, it would just be a business opportunity for someone in Indonesia, Malaysia or India. Or the chinese will just outsource the business to other neighbor countries. Chinese business men run most of the businesses in neighboring countries as well. I was just getting ready to say "So they'll move somewhere else"
Lukriss Lone Star Academy	Posted - 2009.06.30 13:33:00 - [16] What I see happening if someone ever managed to get totally rid of ISK farmers. 1) Less lowend minerals from macro miners. 2) Less minerals overall due to less refined from mission loot from macro missioners. 3) Less meta fittings available 4) Less ISK in the economy overall due to less bounties being paid. What I believe this would lead too 1) Will lead to increased on the price lowend minerals. 2) Will do the same on the overall mineral prices 3) Will probably lead to an increased price on meta fittings, which would probably increase demand for regular T1 fittings. 4) Would probably increase the interest rate we see on the market discussion forum (less people with spare money to play with -> more competition) Wether or not we're see in/deflation, will require someone with a bit more knowledge in economy than me. Originally by: Akita T PROBLEM : Basement is overflowing with water from a ruptured pipe. NORMAL solution: fix the pipe, clean up the water. CCP solution: install a pump to drain water from the base
Sir SmellyFart State War Academy	Posted - 2009.06.30 17:12:00 - [17] Will be interesting if this has any temporary effects on market, anything major that is. Not a 20% price hike or something, more like doubling or halving prices.
Tau Cabalander Caldari	Posted - 2009.06.30 17:20:00 - [18] The ice field I frequent is normally busy 23/7. For the past 2 days it has been completely empty in the mornings, and sparsely populated in the evenings. Gone are all the pairs of Mackinaws and constant stream in and out of the stations. Ice product prices are likely going to rise if this keeps up.
Sir SmellyFart State War Academy	Posted - 2009.06.30 18:04:00 - [19] Originally by: Tau Cabalander The ice field I frequent is normally busy 23/7. For the past 2 days it has been completely empty in the mornings, and sparsely populated in the evenings. Gone are all the pairs of Mackinaws and constant stream in and out of the stations. Ice product prices are likely going to rise if this keeps up. Already seeing some increase in prices but nothing that could not be normal market fluctuation. If the bots really got hit hard doubling should be possible I would think.
cosmoray Cosmoray Construction	Posted - 2009.06.30 18:56:00 - [20] "IF" this was policed properly and the farmers decreased this would have to have a major increase in raw material prices. Most farming is either asteroids/ice/mission loot. By removing farmers the supply of minerals has to go down, therefore prices would spike significantly until it became more profitable to mine than run missions. The prices would come back down some, eventually. Those in early on ice products could make a fortune, all assuming this actually occurs.

Professor Leech Transmetropolitan	Posted - 2009.06.30 19:25:00 - [21] Originally by: Dodgy Past The sad fact is that it will move the gold farmers closer to any organised crime over there, this'll be worse for the workers as the likelihood is that the cost of bribes will be coming out of their pay / conditions rather than any profit. There is no way it will actually stop gold farming. This is the most accurate description of what will actually happen. People should travel to China and see what actually goes on. Then note the difference between what is legal and what happens on the street. Anyone who believes that this law change will make a difference is ignorant. Originally by: Crawe DeRaven this thread is obviously going places
Jade MIdas	Posted - 2009.06.30 20:48:00 - [22] As was said earlier, if any government could shut down the bots, it would be China.
Mr Blue Caldari The Illuminati. Pandemic Legion	Posted - 2009.06.30 20:59:00 - [23] Editor's note: The former headline, China Bans Gold Farming, was changed because it incorrectly extended the scope of the new regulations to all virtual currency exchanges. The new rules limit official game currencies sold by game operators, but not "virtual network props such as costumes, games, coins, weapons and other props I expect to see 30 CNRS FOR CHEAP USD in local anytime. they doesnt ban item trading..just currency.
Jagga Spikes Minmatar Sebiestor tribe	Posted - 2009.06.30 21:21:00 - [24] what? it's not ok to sell virtual money, but it's ok to sell virtual stuff? well, that's obvious... /facepalm
Purple Ackie	Posted - 2009.06.30 21:55:00 - [25] CCP could knock this ISK trading game in the head by just selling it themselves. Hell, NCSOFT does it with NCOINS. It's almost the same as selling PLEX anyway.
Benedic The Aftermath	Posted - 2009.06.30 23:12:00 - [26] Eve instantly loses 10k users at all hours if China can manage to enforce it.
Frenden Dax Dax Acquisitions	Posted - 2009.07.01 01:34:00 - [27] Originally by: Benedic Eve instantly loses 10k users at all hours if China can manage to enforce it. Do you always make up numbers to support an argument? Or is this an isolated incident?
Brock Nelson Caldari Flux Technologies Inc	Posted - 2009.07.01 02:23:00 - [28] 92% of all numbers are pulled out of someone's arse
eVaLF Delivery Luck	Posted - 2009.07.01 10:58:00 - [29] Good time to start investing in the Mineral and Ice index's ----- POS FUEL DELIVERY & HIGH & LOW SEC FREIGHTER SERVICES
Alex555	Posted - 2009.07.01 12:34:00 - [30] I have noticed an increase in hulk demand just recently



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