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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.02 11:44:00 -
[1]
Incredible work Akita, absolutely fantastic
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.03 17:35:00 -
[2]
Edited by: Turiel Demon on 03/11/2009 17:37:23
Originally by: Akita T
Originally by: Akita T So, I guess they'll probably do a bit of both with a twist : * tone down the microprocessors by -25% or so (still noticeably more than what we have on TQ) * INCREASE racial capacitor usage by around 20% to compensate for the drop in microprocessors * reduce fullerides from 15 to 5 or thereabouts
GAAH, that wouldn't do much good either  Technetium does indeed get closer to neodymium like that, but it's still over... and worse, CHROMIUM jumps above technetium in rarity...
  
I don't see the harm in Chromium getting some love. If I've read your graph right isn't it already going to be the third most important value adjusted material behind Neodymium and Technecium?
/me quickly buys up a few million units of cheap chromium
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.03 18:43:00 -
[3]
Originally by: Akita T Edited by: Akita T on 03/11/2009 18:33:33
Originally by: Turiel Demon I don't see the harm in Chromium getting some love.
Let's put things into perspective...
WHY do you think in the past two months dysprosium and promethium were so damn expensive, while everything else was nearly worthless ? Because everybody had to wait for enough dysprosium and promethium to be mined in order to do anything, while other types of materials kept stockpiling higher and higher, until (some) people were forced to stop mining those types of minerals altogether because they became nearly worthless.
If the numbers are correct, then right now (or, well, in the recent past), the ENTIRE supply of dysprosium was being consumed with prices per unit reaching 160k or so from about 120k a year back, and about 98% of promethium supply was consumed, with prices hovering around 140k in the very recent past, after having been far below 100k a year ago. The rest of materials, those that were using far less of the total possible capacity were only selling for a pittance compared to those two... none of them even reached 10k per unit - that's an absurdly low price... but that's the only price people were willing to pay, since they HAD to pay truckloads for the other two, which were crucial - if you didn't pay enough, you couldn't build. So, you reached a point where nearly 90% of the VALUE in a T2 ship was derived from the cost of those two moon minerals which were consumed almost entirely.
Now, enter Dominion... suddenly, you need far less promethium and dysprosium, so prices for those two start dropping fast... however, you need a truckload more neodymium - but that's reasonable still, because there was more of it to begin with, so you could build more if neodymium would be the one material that's being completely eaten up... however, technetium usage has roughly DOUBLED in Dominion... the same items that are being traded right now only used about 60% of available technetium, but in Dominion the same items would eat up ALL of it, and then some ("120%", lol). Basically, that would mean that T2 prices won't be going down, they'll be going UP, and most of the value that was previously split between promethium and dysprosium will be gobbled up by technetium... and it's just ONE mineral, so it takes ALL of it... say hello to 300k ISK/unit for technetium ! Of course, assuming the moon distribution data is even remotely relevant.
Now, you say, what would be the harm in chromium "getting some love" ? Well... nothing... if you want chromium to cost 300k ISK per unit !
Before Dominion, the "top 8" usage rates (including estimated alchemy usage) out of total maximum possible production looked like this: Dysprosium - 100% Promethium - 97.8%
After Dominion, estimated usage rates (only difference being SiSi changed construction data) look like this right now for the "top 8": Technetium - 100.0% Chromium - 79.7% Neodymium - 71.7%
The only way to have the price split between as many minerals as possible is to have the "adjusted rarity" for the most needed ones (as percentage of total potential production) be extremely close together. Why extremely close together ? Well, see what a mere 2% difference meant for promethium-vs-dysprosium price ! ONE material has to be the bottleneck, that much is certain - you will always have a bottleneck. The problem is you need to make the rest of the "want to be desirable" materials use up nearly their entire total potential stocks, or else their prices will drop to negligible levels, and only the fuel costs will determine their value.
For a throwaway line, that got a hell of a lot more explanation than I bargained for 
Seriously though, greatest thanks for explaining it in words of one sylable so I could understand
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.08 17:34:00 -
[4]
Originally by: Akita T I see the market is reacting nicely, but it's still nowhere close to what the data indicates - can't blame anybody, the patch is still three weeks away and the data is not completely reliable, so caution is indeed advisable... but you don't make profits without taking any risks whatsoever 
Looks like there's about 12b isk worth of buy orders for technetium between current level and 5.5k/unit, so plenty of buffer there, and only 3 or 4b worth of sell orders before 10K/unit... seems to me like it's about to spike even more tbh.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.09 12:18:00 -
[5]
Originally by: Natasha Nikolaev
Originally by: Akita T
Originally by: WarlockX edit: it seems solerium is already sky high. lol.
Well, as soon as all cheap advanced materials and moon minerals were grabbed, people moved for the intermediate reactions, obviously.
Interestingly, chromium is still relatively low. Seems it's taking some time for all of the stocks people have been holding onto due to chromium plummeting over the last few months to get sucked up.
And just like platinum technite we can expect hexite (Chromium + Platinum) to be a good candidate for going up
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.10 15:12:00 -
[6]
Can anyone explain to me the anemic performance of tungsten carbide compared to the other carbides?
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.10 17:15:00 -
[7]
Originally by: Akita T Edited by: Akita T on 10/11/2009 16:36:06
Oh by the way... after you mentioned tungsten carbide and its weird performance, I was just double-checking everything about carbides in my sheet... lo and behold, it seems one of the fields was in the wrong place... tungsten carbide was registering as using chromium instead of platinum : instead of data being in cell K35 where it should have been, it was in cell L35. So basically, chromium and platinum more or less trade rarity places with eachother.
So, the new rarity order is NOT the one that was mentioned until now, i.e. technetium/neodymium/chromium/platinum/dysprosium/promethium/mercury but instead is either technetium/neodymium/platinum/chromium/dysprosium/promethium/mercury or even technetium/neodymium/platinum/dysprosium/chromium/promethium/mercury (since chromium and dysprosium seem to be very close to each-other, rarity percentage-wise, in Dominion)
Not a huge difference, but a difference nevertheless. ___
I don't believe titanium carbide nor chromium would go down noticeably (actually, I believe they still have some extra increase to do from their current places, but you never know), therefore, it's just that all platinum-containing things should start to go up much harder. So, predictions : * platinum up most in the near future * platinum-containing simple reactions and also fullerides less than half the increase of platinum * tungsten carbide going up quite nicely too * some smaller increase in nanotransistors (they were already up because of technetium) * NO CHANGE for sylramic fibers (since they use both chromium and platinum) * hypersinaptic fibers uncertain change, possible (but not very likely) slight decrease
___
Here's the new corrected sheet (version "3b"): http://dl.eve-files.com/media/0911/T2stuff_Dominion_2_afterDom_v3b_Office2007.zip (Linkage)
Why do I do this to myself? I just invested in Chromium and then I make Akita kill it's chances 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.10 18:05:00 -
[8]
Edited by: Turiel Demon on 10/11/2009 18:11:03 Meh, I bought it at 2100, it's not like I'm going to make a loss. Actually I've got almost enough stock to kill the current buy-orders down to 2500 or so, maybe I should try a little manipulation 
Looking at Technetium, there's just one major sell order, those 800K units at 10k/u (so, 8b worth) are a big cap on the price level right now, I wonder if that seller will shift his order up or if we'll have to break through it, and, in that case, how long that will take...
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.10 18:49:00 -
[9]
Originally by: Julian Koll
Originally by: Claire Voyant
Originally by: Akita T Price of simple reactions is notoriously slow to align to raw material prices ("it lags")... even advanced materials (i.e. complex reaction outputs) align faster to raw moon mineral prices than those simple reaction outputs. Why ? You'd have to ask the guys doing the reacting and selling of simple reactions, I guess. Everybody else seems to be much faster on the uptake.
Pretty simple actually. Anybody doing advanced reactions is probably going to also do their own simple reactions at the same time so they have a steady supply. Raw materials are pretty easy to get in quantity, while people selling simple reactions are mostly small-timers who can't afford to get into advanced reactions yet. The end result is that trading in simple reactions is pretty thin and the prices are not as representative as raw materials and advanced reactions. Personally, I would ignore all the prices for simple reactions and just calculate based on the raw material price (except for the "gases" which are not usually worth the cost of hauling.)
As i heard this argument a few times, i still disagree. Lets use current market prices and calculate 150m a month for the pos fuel (half a big one, number might be slightly off). So you get a 0% return on the pt technite reaction with a price of 5650 isk, anything below that, shut down the pos and buy of market.
How does that calc go? I don't know about POS manufacture but I'm wondering about Hexite and Fullerides atm
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.10 23:47:00 -
[10]
Originally by: Akita T
Originally by: Turiel Demon Can anyone explain to me the anemic performance of tungsten carbide compared to the other carbides?
I'm not really that surprised tungsten carbide isn't going sky-high just yet since platinum hasn't spiked that hard, but what I am surprised is that fernite carbide is going up like mad ; if anything, it should be the other way around. Oh well, I guess the fernite carbide market, being the lowest-volume one out of the four is the one reacting fastest to the stock shortages...
Quoting from last page, something went crazy on fernite carbide today, was stable at 128 for a couple of days, now in the space of an afternoon it jumped up to 185. I'm sure there were a few tens of millions of units on the market before that level... I guess it has something to do with the normally sedate 400 level of Scandium goign to 3000/unit 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.11 23:55:00 -
[11]
Originally by: Akita T
technetium100.00% neodymium69.43% platinum62.91% chromium55.41% dysprosium50.92% promethium47.77% mercury46.54% cadmium36.48% vanadium28.05% titanium18.83% hafnium18.14% caesium12.40% evaporite deposits8.65% silicates8.47% tungsten7.27% scandium7.05% thulium5.99% cobalt5.18% atmospheric gasses3.00% hydrocarbons2.82%
I think it's probably fair to say that the % under-reporting of Technetium would be roughly equal to other similar low-value moons.
Anyways, the way this pans out is Plat and Neo drop a little bit, while chromium rises significantly from the previous estimate.
Would it be fair to instead of just adding the unreported moons to the list to take the ratio (or maybe average ratio) of reported vs unreported in these regions and apply that to the total number of moons? Right now we're just adjusting for one large under-reporting, but it might be better to attempt to adjust for the under-reporting trend now that we've got an example of how much the report differs from reality - assuming the new numbers are accurate.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.12 02:19:00 -
[12]
Yeah I suppose you're right, ah well, let's hope CCP doesn't change anything so we can watch Tech skyrocket... though I'd still have liked it if Chromium were to be more valuable 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.12 18:25:00 -
[13]
The 9K Tech bubble just burst, buys back down to ~6.1k and sells to 8K
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.13 18:19:00 -
[14]
Ours is not to reason why...
by my estimate about 12b worth of Tech just disappeared off the market, the ceiling is gone...
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.13 19:10:00 -
[15]
Originally by: Amantus Hi guys what's going on.
It's like they're letting just anyone in here these days 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.14 23:22:00 -
[16]
Looks like a lot of people are trying to cash out on Tech now that it went past 10K, someone with a big stock (the 580K order) seems particularly desperate to move it, he's moved it down in massive increments all day trying to match every 1000 unit order that undercuts by 4k, taking the price from 30K to 16K pretty much single-handedly heh 
Ah well... I expect someone will take it off his hands as soon as it gets down close to 10k again 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.15 13:36:00 -
[17]
Originally by: Tiberizzle
Originally by: Turiel Demon Looks like a lot of people are trying to cash out on Tech now that it went past 10K, someone with a big stock (the 580K order) seems particularly desperate to move it, he's moved it down in massive increments all day trying to match every 1000 unit order that undercuts by 4k, taking the price from 30K to 16K pretty much single-handedly heh 
Ah well... I expect someone will take it off his hands as soon as it gets down close to 10k again 
re: that order
Initial Vol579,300 Vol Remaining 579,300
lulz
Why must you mock my dreams of piles of isk 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.17 23:36:00 -
[18]
Hm, anyone else notice Armor plates, especially Tungsten Carbide, just take a spike? What's that all about?
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.19 12:44:00 -
[19]
Originally by: Dahkare Raynor Let me clarify my opinion. They were buying, but I think its reached a point to where it's stopping and coming back down. Sell order has dropped 300 from the peak today and buy orders have dropped 200. I had mine up @ top sell order, pretty much all day since the 2800 spike and none of it sold.(i was checking every 10 minutes while watching lie to me/house) It appeared to me that this small speculation bubble is over.
I am SURE plat will spike up after the patch, but I believe we are going to see ups and down in the plat market until then. I think sell orders WILL drop down to 2000 and buy orders back to 18ish
Although, I very well could be totally wrong thats just my impression. :)
Apparently someone disagrees with you. Plat just got bought up to past 3K yet again, the second time in a week. Just under 200K of mine sold at 2650.
I don't know what kind of stable price level it could reach right now and I think worrying about it is pretty pointless because there's going to be a lot of manipulations happening in Chrom/Plat/Tech/Neo, and also in the minor moon mins like what happened to Caesium and Scandium over the last two weeks.
I think over 3k per unit right now is a little ambitious, and will likely entice people with stock bought low to cash out like what happened to Technetium last weekend when it shot past 10K for a day. We could see a similar crash and slow recovery just like that if Plat price is brought up too high.
Disclosure: I still have 1m units of plat, bought at 1100/unit, it's definitely in my interests for it to keep going up 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.19 15:02:00 -
[20]
Originally by: Julian Koll as i continued working on my spreadsheet today, i got a very strange result:
fermionic condensates are by akita's analysis about to tank. lets assume this is correct for the sake of simplicity
so what my analysis is showing: Assumptions: 1 POS fuel p/m is 300m 2 POS setup cost is 500m (for tower and stuff) 3 You buy intermediate materials directly from Jita sellorders 4 You sell your advanced materials instantly at sellorder price (yes, i know this is wrong, but i simplifies the math) 5 hauling is done instantly and at no cost (as above, wrong, but for the sake of simplicity) 6 At day one, you purchase the POS, half a month worth of fuel and half a month worth of input materials 7 At day 15, you sell half a month worth of advanced materials, buy another half month worth of fuel and another half month worth of input materials 8 At day 30, you sell another half month worth of advanced materials, buy half a month worth of fuel and another half month worth of input materials 9 and so on
The result: - you did earn just about 2.2b ISK - your ROI was 55.96%
if you modify #6 to buyorder price - you earn about 590m ISK - your ROI was about 15%
lets assume (again ) that the truth is somewhere in the middle of those two results, the fermionic condensates reaction is atm the most profitable advanced reaction, both in terms of relative ROI and absolute profit.
I am honestly not sure what to read out of this analysis. On one side we expect the material to tank, on the other side it is highly profitable to produce it. Are intermediate materials undervalued? Are FCs about to tank even more? Is the whole speculation on raw materials influencing this?
My head hurts 
FC price hasn't gone down nearly as much as its main raw materials have. Yes both it and they they are going to go down more, the current resurgence of FC's is somewhat anomalous in this regard.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.19 19:20:00 -
[21]
The carbides are bugging me again. The four armor plates have all jumped up significant amounts with no visible means of support... the base materials like tungsten have risen a bit, but the intermediate materials, the carbides, are all sliding down 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.19 21:13:00 -
[22]
Originally by: Cista2
Originally by: Dahkare Raynor I definitely agree with you on neodymium. I bought some more @ 9k the other day because I agree with you. It seems like a very stable counter part to technetium. Especially if they decide to Nerf just technetium.
Unless some large loads are dumped on the market, Neodymium will jump to 20k within the next 3 days.
I see what you mean, but I think it might overshoot by going to 20k, a safer level would be 14-15k I imagine, 20 will draw out too many people wanting to cash out just like with technetium last weekend.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.19 22:46:00 -
[23]
Interestingly Neodymium is actually a fairly safe bet even IF things are changed, it being an R64, if there's any change to the current plans on sisi (which I by the way judge as less then 30% chance to name an arbitrary number) it will most likely be to put more focus on it and Thulium which has been so cruelly ignored.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.20 20:24:00 -
[24]
Originally by: Dahkare Raynor
Originally by: Turiel Demon Edited by: Turiel Demon on 19/11/2009 12:57:16
Originally by: Dahkare Raynor Let me clarify my opinion. They were buying, but I think its reached a point to where it's stopping and coming back down. Sell order has dropped 300 from the peak today and buy orders have dropped 200. I had mine up @ top sell order, pretty much all day since the 2800 spike and none of it sold.(i was checking every 10 minutes while watching lie to me/house) It appeared to me that this small speculation bubble is over.
I am SURE plat will spike up after the patch, but I believe we are going to see ups and down in the plat market until then. I think sell orders WILL drop down to 2000 and buy orders back to 18ish
Although, I very well could be totally wrong thats just my impression. :)
Apparently someone disagrees with you. Plat just got bought up to past 3K yet again, the second time in a week. [...]
I think over 3k per unit right now is a little ambitious, and will likely entice people with stock bought low to cash out like what happened to Technetium last weekend when it shot past 10K for a day. We could see a similar crash and slow recovery just like that if Plat price is brought up too high. [...]
EDIT: I've been thinking about about Neodymium. We haven't talked about it in here for a while but it's growing with impressive stability. Rise and stall, rise and stall, but no fall to speak of, unlike the more wild rides of Technetium, Platinum and Chromium.
I was definitely wrong about the plat! Good job on holding on. But I don't think I was wrong about it coming back down. I still think it will come down to the 1800's before it goes back up again. The price has spiked too high without excess demand. But we will see.
I definitely agree with you on neodymium. I bought some more @ 9k the other day because I agree with you. It seems like a very stable counter part to technetium. Especially if they decide to Nerf just technetium.
Well, plat is dropping like a stone now, as expected heh; luckily I was able to offload most between 2300 and 2900, I look forward to buying lower again.
The big Neodymium order is being chipped away piece by piece, so though it may take longer than the 3 days predicted earlier there's a good chance it's going to shoot up towards the 20k level quite soon.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.22 19:19:00 -
[25]
Originally by: Tesal Ok, now this is just getting stupid.
What exactly?
Anyways, it's been a while since we were talking up Technetium... let's talk technetium to a higher level guys!
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.23 12:48:00 -
[26]
Originally by: Tesal
Originally by: Turiel Demon
Originally by: Tesal Ok, now this is just getting stupid.
What exactly?
Anyways, it's been a while since we were talking up Technetium... let's talk technetium to a higher level guys!
There is zero content to these posts, no technical data, just "this is up" or "buy this". This is not conducive to people buying into value, its conducive to ripping people off.
I disagree. This thread is a bit of a combination of market analysis, speculation-watch and speculation/future-prices prediction; as such, a lot of post may just be 'hey look what happened to Titanium Carbide' or 'Neodymium went up a few thousand' - information that anyone interested can see from the market histories tab - but the context of this thread invites discussion on possible reasons that this or that material is performing in this or that way.
I enjoy seeing predictions come true, but it's also very interesting to see when they do not, and to analyze what factor caused me or any of us to be wrong in our line of reasoning. Platinum is a decent example of this; you responded eventually to Dahkare saying 'I agree with you about Platinum' I think, which may not contribute overmuch but it's valid feed-back on our discussion about the material - in effect it's saying 'I have looked at the situation and my conclusion is the same as yours' which I much preffer to oone saying anything at all, irrespective of the prediction being right or wrong, it's a confirmation that someone isn't just making stuff up and gives the thread some activity 
I'll agree with you that there could be more reasoning explained, like when Cista2 said Neodymium would go to 20k. I looked at it and saw why she thought that, agreeing with the reasoning, and then consciously decided not to explain why I agreed for the simple reason that I didn't want to give away that speculative insight just yet, as I didn't want to trigger a price spike before I'd bought stock.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.23 17:20:00 -
[27]
Originally by: EvilweaselSA Edited by: EvilweaselSA on 23/11/2009 16:49:37 Edited by: EvilweaselSA on 23/11/2009 16:44:41
Originally by: Cista2
Originally by: Dahkare Raynor I definitely agree with you on neodymium. I bought some more @ 9k the other day because I agree with you. It seems like a very stable counter part to technetium. Especially if they decide to Nerf just technetium.
Unless some large loads are dumped on the market, Neodymium will jump to 20k within the next 3 days.
ok cramer
any other hot stock tips
for the record: neo, three days after this post: 11k
Ohai. Bolded the important part.
A few hours after Cista's post that day someone dumped a huge sell order on the market which was about 2x the volume of what had been between 10K and 20K at the time of posting.
Neo did in fact somewhat unexpectedly (given the big stock dumped on the market) go to 15k for a short time in the last few days, and it will probably work its way to 20K by the end of the week.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.23 23:20:00 -
[28]
Originally by: EvilweaselSA Edited by: EvilweaselSA on 23/11/2009 21:06:15
Originally by: Turiel Demon
Ohai. Bolded the important part.
A few hours after Cista's post that day someone dumped a huge sell order on the market which was about 2x the volume of what had been between 10K and 20K at the time of posting.
Neo did in fact somewhat unexpectedly (given the big stock dumped on the market) go to 15k for a short time in the last few days, and it will probably work its way to 20K by the end of the week.
of course large loads were going to be dumped on the market, that was obvious, it's also obvious it would cause the price to go down
"unless the usual thing happens to restrain the price, the price will go up" i'm a stock analyst give me all your money
here is a hot tip for you: the price will go down, unless people are buying more than people are putting on the market
[...]
A large stock of Neo landing on the market at 10K was not expected, it was in fact an incredibly dumb move on the part of the seller. Had he waited a couple of days he could have sold it for considerably more - if more slowly - but instead he chose to kill the chances of turning 5b worth of Neo into 7.5b or 10b... I have no idea why. Anyone with a rudimentary grasp of the eve markets could see what was about to happen.
If we look at the market now, and see where it would be had 500K units not unnecessarily been moved at 10k, sell price would (at a rough estimate) be at 17K right now. What's that I hear you say? That's not 20k? No, and I don't recall anyone saying 'it's going to be 20k forever and ever starting 3 days from now'. Moving the goalposts? maybe your imaginary goalposts.
It'll go up more slowly than we might have expected it to because it's not got a weekend to do it in, and the market simply moves more slowly on the weekdays.
For all the words I'm wasting on you I don't really know what your complaint is; like Cista I sold a decent amount of stock at ~13-15k knowing I would be able to re-buy lower, I'm sure others did too, but those not watching the Neo market might not have been able to if not for the warning. You seem to be bawling that there was only a 50% immediate profit to be made rather than a 100% one... QQ more tbh.
[/eveconomics lesson for the terminally trollish]
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.23 23:53:00 -
[29]
Originally by: Tesal Edited by: Tesal on 23/11/2009 23:30:35 Hey, I was trolling this thread! Go back to CAOD Goon. 
On paper I made 100b isk after the patch.
*edit
Originally by: Turiel Demon [stuff]
Meh...what if you have half a million units? And what if 60 other people have half a million units? Where does that put that decision?
That's a good question, the answer lies partly in the units/day sold that you can see on the market history tab.
If you have half a million units, and there are 100K units on the market with 200K moving per day (not identical, but analogous to the situation we were talking about) then I'd wait and exploit the shortage.
If you have half a million units, and 60 other people have half a million units, it's pretty damn likely that more than 0.66% of the currently available stock waiting to be sold would be on the market - being sold - and so there would be more than 100K on the market. Indeed, if 200k was moving per day and there were 30m units unused out there I'd expect the price would be somewhere closer to 50isk/unit.
The amount of stock that is 'out there' at any given time may not be known, but the general level can be estimated at don't you think?
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.24 01:13:00 -
[30]
Edited by: Turiel Demon on 24/11/2009 01:15:41
Originally by: EvilweaselSA
Originally by: Turiel Demon
The amount of stock that is 'out there' at any given time may not be known, but the general level can be estimated at don't you think?
either your estimates are horribly low or you don't quite understand what it means that there's that much out there
Quite possibly, but just to clarify I was talking about 'stock that can/will appear on the market in a timeframe that would influence the sales in this weekend'. I don't doubt there are massive stockpiles out around the eve universe, but they're not all relevant right now.
Originally by: EvilweaselSA
ok turiel demon, I hinted at this before, but why might someone want to dump neo now?
hint: neo speculation isn't risk-free, if there was more time to dominion I'd be selling right now but since there's only a week and ccp is clearly overloaded I'm not, why would that be
So, we disagree on where Neo is/would be going under certain circumstances, we both have our own lines of reasoning leading to our separate conclusions. Discussion over tbh.
Originally by: EvilweaselSA i have no complaints there's much better people to bounce ideas off in goonswarm
Just made me lol, sorry 
Originally by: EvilweaselSA but man are you guys touchy at being called out when your predictions fall flat on their face
I don't see the failed prediction. Really, I don't.
As I read it the prediction goes 'event y will happen in time-frame x unless unlikely condition z is met' followed by condition z being met.
I can see where you're coming from because you have a different view on the likelihood of that condition, namely the big stock being dumped on the market, but I don't see any faulty prediction here.
This is bothering me because there's plenty of faulty prediction out there, I've made plenty, hell even concerning this I'd expected Neo to stabilize at 15 and I thought Technetium would stay at 8-10k throughout this week, those are wrong. I still think Tech will move up to 20K by the end of the week and that may well be wrong. But you're going after an 'oh hai guys market looks like this now!' post as if it were some kind of huge deal, while it was pretty much banter. Don't mess with our banter yo!
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.24 17:24:00 -
[31]
Originally by: Tesal
Thats exactly what I am saying, that only a tiny fraction is on the market now.
You and the weasel both, apparently. It strikes me that were there gargantuan unused stockpiles lying around the common cupidity of the typical eve player would have caused more than just the occasional person to drop their few million units, considering the 400% rise in value over the last two months.
I can imagine if some alliances with sufficient hold over their member's previously minor moon mining ops have put an embargo on Neo and the similar rising moonmins for the time being, that could cause such stockpiles to build up; I don't know enough about alliance moon control to comment much on that, but I would certainly be interested to know if this has happened.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.25 13:28:00 -
[32]
Originally by: EvilweaselSA Edited by: EvilweaselSA on 25/11/2009 02:08:00
Originally by: Akita T
Originally by: EvilweaselSA people with moons tend to be actual spaceholding alliances and we have all been completely aware of what neo was going to do since that idiot csm leaked it everybody who is anybody is stockpiling it
On the other hand, technetium has been in the public eye only since 3 weeks ago...
Right, though given how the CSM thing went down I'd imagine technetium was an unintended effect while balancing neo was intended. However you're correct people definitely haven't been stockpiling that for nearly as long so the amount of speculative stockpiles is probably a fraction of neo (plus, many people have suspected for a while neo and thulium would get buffed and have been mining and stockpiling it)
I feel really bad for poor little Thulium 
Thanks for clearing up the reasoning btw, I don't have much of an idea on how moon-mining operations are centralised, I took it that minor mins like Neo would just be individually mined.
A while back we'd talked about the under-reporting of certain moon-minerals in Akita's first few models, and how that had then been taken that into account for the later models.
I actually adjusted the figures myself taking the under-reporting figures for those regions and applying them to the eve-wide moon list instead of just adding the unreported moons like Akita had which produced this:
Basically the same as Akita's with Tech way in the lead.
But while doing so realised that tech was not present in these regions, so the under-reporting value couldn't be calculated. I choose to take the average of the under-reporting factors of platinum and chromium as a rough estimate, which produced this:
A rather more balanced situation, with Neo being in the lead but by a far narrower relative margin
Even then, as we saw in the price difference between prom and dyspro, just a couple of % can already make a huge difference.
Hence, I have about equal stocks of Tech and Neo, and that seems a fairly safe bet to me 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.25 16:51:00 -
[33]
Originally by: Akita T You posted the same image link twice...
So i did, serves me right for not checking 
Correction edited in.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.26 02:17:00 -
[34]
Originally by: EvilCheez Someone went on a spree
Technetium - 27k neodymium - 20k
High volume on carbides
Indeed, wouldn't surprise me if exactly the same thing happened as did last time Tech spiked though - people falling over themselves to cash-out starting a stampede downwards from the new level, only to end up lower than it was before. We are a good bit closer to Dominion than last time though (I think it was the 13th?) so it'll be interesting to see what happens. |

Turiel Demon
Minmatar Blue Republic
|
Posted - 2009.11.26 13:02:00 -
[35]
I was just taking a look at the dotlan numbers, trying to figure out at what end of the under-reporting spectrum it lies, i.e. are there less than 500 total moons for a bottleneck at Tech, or are there over 600 for the bottleneck to be Neo. So bear with me here:
Geminate is a region that only has 6% of the moons on dotalan, but of those that are known about 1/3 are Tech. Now, with a total of I think about 700 moons as many as 200 could theoretically/statistically be Technetium, and the same goes for Fade.
Pure-blind, Venal, Deklein and Vale of the Silent however all have 75-100% maps and only venal has 74 Tech moons, with the others having between 25-40 each. In fact... there are NO regions with more than 80 of any one kind of R32, which Tech is.
This indicates to me that the four 'low report %' regions with Tech - Fade, Geminate, Great Wildlands, Tenal - can at an absolute maximum have another 320 Tech moons, which is just about enough to equalise it with Neodymium.
Anyone with access to more detailed moon-mapping projects of these regions please help us with this if it's not too super sikrit.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.27 11:18:00 -
[36]
Originally by: fmercury Edited by: fmercury on 27/11/2009 09:16:03 The price of tech/neo has increased 15-30x, but fullerides/fernite carbide haven't gone up by more than 50%, what gives?
answered in-game 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.28 16:23:00 -
[37]
Originally by: Mahke nice things
I have a fan 
Now then, to business:
I've received information from a few people with access to moon maps of those regions of interest to the Tech debate.
What it comes down to, as you all know, is the fewer Tech moons there are, the more rare it is, and the more likely it is to be the bottleneck.
Now, from the information available it's possible to determine a likely and a maximum number of a given type of moon in the regions where we have no accurate count, and from this we can calculate the minimum, likely and maximum number in the whole galaxy.
The numbers I have now indicate that at bare minimum there are 241 Tech moons. Most likely, there are around 307 tech moons. At an absolute maximum there are 357 tech moons.
This produces the following two possible sets of data:
First the MAX possible Tech, with probable Neo.
And second the probable Tech with MAX Neo
I have not included the MIN Neo and MAX Tech graph, though this is the only combination that puts Neo in the lead it is exceedingly unlikely to be the case. It puts Tech second at 92.8%.
Note that I have extrapolated the numbers of the less important moons to the likely number that are present given the ratio of under-reporting in known regions that have had their accurate numbers revealed. Formula is roughly 'new value = old number + 0.5 x (newly known number - old number)' because we're missing information on roughly half of regions, hence why I've added about half of the under-reporting ratio the numbers suggest to the galaxy-wide mooncount.
Now, see that even with Max tech moons (so least rarity, and exceedingly unlikely) it's still in the lead given the probable number of Neo moons, and the situation will likely be in between those two. That means that Tech is pretty much guaranteed to be the highest value moon bar CCP changes, but it is closer to the R64's than was previously expected.
All in all, this is looking good, and probably a little more balanced between the moon minerals than we'd thought it would be. Given that CCP know exactly how many moons there are it wouldn't surprise me if they have gone for a balance point where they'll accept Tech having a slight lead, with the 3 big R64's following closely behind.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.28 16:59:00 -
[38]
Originally by: Akita T
Originally by: EvilCheez If there are any last minute nerfs/buffs will these definately be listed in the patch notes?
I somehow doubt the patch notes will mention more than "an alchemy boost to *4 effectiveness" and "several adjustments to T2 component manufacture time and T2 ship manufacture required material amounts".
I keep wondering what dev or devs are responsible for adjusting T2 production.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.28 17:33:00 -
[39]
Originally by: Count MonteCarlo Thanks for that post, I enjoy reading them, does this mean that the likely hood of technetium getting nerfed a lot lower than previously thought ?
I actually think so yes, though the likelihood of a Tech nerf was already fairly limited.
Compared to the situation before dominion this new situation (that is, probable tech and probable neo levels) has not just 2 immensely important moongoos with all others being sub-40%, but a wide range of important moongoo.
We see Mercury, Hafnium, platinum, Chromium and Cadmium all rising to far more significant usage % than before.
The three big R64's are all around 60-85%, and with their new less-than-top status, they will probably not see 100% productivity, raising their relative value. It's clear that this will create a very interesting market dynamic, as they rise and fall in relative prices, making alchemy more or less profitable for each of them over time, fluctuating as the 0.0 alliances take different space and moons fall and production levels change.
Tech leads, and that may or may not be a good thing, but it doesn't lead by anything like such an extreme amount as prom/dysp did. I expect CPP, having the knowledge of exact moon numbers, will probably have plugged their own values into the equasion themselves, and I think we're getting ever closer to their numbers.
Tech is a moongoo that is significantly present in low-sec, like Black Rise, unlike prom/dyspro, this means that unlike where Prom and Dyspro were 99% in titan-defended cyno-jammed systems there can be meaningful conflict over their possession that need not take years to plan and execute, nor does it need to rely on metagaming to see significant shifts in wealth-holders.
As it stands right now, I would think it would be in CCP's best interests to leave their new balance as they have put it on Sisi. The dynamic is both superior to what it was before and very interesting in its regional distribution. They can change it pretty much at any time if it gets out of hand, but right now I honestly can't see any reason for them to change it.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.28 22:46:00 -
[40]
Something like that would probably be the optimal method of adapting to the currently absolute limitation that moon count imposes on T2 production.
As it is whatever CCP does there will ALWAYS be a bottleneck and though they may reduce the need for individual moongoo like they've done now with Prom/Dyspro we see that players positive charge at the next detected bottleneck with wild abandon, with perfectly valid logic behind their reasoning as it will become valuable.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.28 23:26:00 -
[41]
Pretty massive news from patch notes, though I am informed they have been out a few days already and I just wasn't told by anyone 
Quote: Science and Industry
* The Tech 2 ship component composition has been changed. Full details can be found in the blog by CCP Chronotis The streams must flow. * Manufacture time for some construction components (armor plates and microprocessors) has been reduced. * The volume of carbides (advanced materials) has been reduced to 0.01m3 from 0.05m3. * The quantity of Sylramic Fibers required to produce the armor plate construction material has been reduced to 10 per unit.
The previous changes and adjustments (sylramics) are named specifically, no changes to Technetium!
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.29 01:49:00 -
[42]
Edited by: Turiel Demon on 29/11/2009 01:49:49 I meant news as in 'there is no bad news' hehe, suppose that's a bit contradictory, but 'HEY GUYS MASSIVE LACK OF NEWS!' doesn't quite have the same ring to it
EDIT: spelling
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.29 12:06:00 -
[43]
Originally by: Vodun
Get a life!!
Get some appreciation for the hard work someone put into giving you the opportunity to make more ISK.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.29 19:29:00 -
[44]
lol @ GD people not being allowed to talk about tech/neo 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.30 14:35:00 -
[45]
The rumour-monger is either laying it on very thick (and somewhat creatively) or the 80K tech level is more likely:
http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1222878&page=1#4
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.30 17:45:00 -
[46]
Originally by: EvilweaselSA sisi's patched and there is no change to the actual reaction blueprint, and I highly doubt the description on the details page is seperate from the actual values, it would be easier to program it to pull those directly from the real values
Yah, it was a hoax. Was nice for tech to be slightly lower while it lasted - there really are a lot of jittery people around so close to patch - but meh, not really significant.
Roll on the ISK train, I suppose.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.30 18:22:00 -
[47]
Originally by: Astreaul tl;dr
tl;dr a lot of us are now monstrously rich. Or at least more so than we were before.
The closest I can think of to an actual tl;dr is one of my posts from a few pages back - here.
Really, if you want more info than that you're going to have to try to read Akita's posts, and any others that look long enough to contain interesting info - it doesn't simplify easily I'm afraid.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.11.30 20:11:00 -
[48]
Originally by: Simon Mickey The price of tech has hit 23.9k or thereabouts last I checked, and it's set to rise as the demand for it skyrockets.
The reaction does indeed yield only 1.5k, not 3k.
Good news for everyone who's invested in it 
Bastard 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.12.01 13:38:00 -
[49]
Originally by: Furious Ratter but if the amount of reactors isnt sufficient and someone clears of the nanotransistors and keeps clearing them regulary, whole empire t2 manufacturing business gets a kick in the nuts.
Lets call it... The Nanotransistors Crisis (*dramatic music*)
You're too late. I already called it 'the panic'.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.12.01 22:17:00 -
[50]
Originally by: Quince Dupree Lets talk about this chomium moons I have about 6 towers up on them atm, are they gonna even break even on fuel?
Chromium pretty much isn't going to change its level of demand... you'll be fine, just like before.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.12.02 00:39:00 -
[51]
Originally by: Tesal Tech sell orders have over a million units above 22k and 16 sell orders in the past day.
Buy orders are held up by a single pre patch 256k unit blocking order at 17.8k per unit. Once that order clears the next level of support is at 11-12k.
Oh god. Somebody better jump in and prop up the price. Hurry. Do it now.
Ehm no? some of those 12.200 ones are mine 
Nothing to see here, Tech is just going down, it's normal market presures, there's no real demand for Tech it's all speculation! 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.12.02 15:18:00 -
[52]
Poor Neodymium.
Soooooo much stock out there, stockpiled in case it was the bottleneck. it'll all hit the markets over the next few months I expect - glad I could unload mine on 13-15k buy orders 
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.12.04 00:16:00 -
[53]
Tech and Plat and all their products are crashing now, they're following Neo down into oblivion. We were wrong, so... so wrong...
At this point I think it would be best if we all tried to sell our stocks. In fact, because of our faulty advice, I feel it is only fair if Akita, me, and others involved in this massive market deception take responsibility, bite the bullet and offer to buy Tech from you at 5k/unit. It's a lot more than you'll get by the end of the week, and you likely won't be able to offload much by then, just look how quickly Neo went south.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.12.04 01:47:00 -
[54]
Originally by: Tesal
Originally by: Turiel Demon silliness concerning Tech
You laugh now, you will cry later.
What's wrong with you? You seem genuinely upset by Tech doing well, for most of us who got on early enough it is genuinely impossible to lose ISK on it now with how much stock-recycling has already been possible.
Will we be disappointed if the profits only total a few tens of billions rather than hundreds? Sure, but I don't think tears will be forthcoming
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.12.05 02:03:00 -
[55]
Never mind the fact that it'll be down to 1000/unit again within a month, probably lower.
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.12.09 17:37:00 -
[56]
Well... it's been quite a day for Tech and Neo both so far, wonder if plat will spike too
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Turiel Demon
Minmatar Blue Republic
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Posted - 2009.12.11 10:49:00 -
[57]
Originally by: Ronaldo Carrare
Originally by: Akita T Hmm, looks like the SHC thread http://www.scrapheap-challenge.com/viewtopic.php?t=30887&postorder=desc (Linkage) is so much more lively than this one 
You have to thank Turiel for this, he's attracted a lot of people into this. Watch out MD Elite, SHC is coming after you.
Be very afraid... the first step is the SHC Technetium Cartel, then comes SHCBank, and then... the world!
you'll have an easier time reading that thread like this if interested, dunno how you managed to get descending post order 
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Turiel Demon
Minmatar Celtic industries The AsyIum
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Posted - 2009.12.13 21:23:00 -
[58]
Originally by: Akita T Now the question is, why doesn't somebody bloody educate the guys up north already as to how much Technetium will be worth eventually so they stop freakin' selling it for a pittance right now ?
 It's not _that_ hard, really, just "lowest sell order at 100k/unit and no more questions"...

With Nanotransistors rising like they are now Tech really can't stay behind very long. Reacting them now is at something like 300% profit; Tech + Neo + Plat should be at least 120K put together to sustain the nanotrans price level at 4k, and demand dictates that nanotrans won't be dropping... Tech pretty much has to come up.
Nevertheless, it won't hurt to spread the Gospel of Technetius to the unwashed hordes of the North, I'll see what I can do...
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Turiel Demon
Minmatar Celtic industries The AsyIum
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Posted - 2009.12.15 12:12:00 -
[59]
Originally by: Tesal
Also, there is a way to check moons. Just take a sample of what you know for certain, come up with an average per region, and project it over remaining regions. If your sample is big enough, you will get an answer that is accurate. You can also look at the typical amounts CCP puts into R64, R32 and so on per region, and come up with a baseline average or guestimate. Depending on the data sets you use, and how you calculate it, you get more moons than what is projected here most of the time. Some project as many as 850 tech moons. You then need to decide if these numbers are partially correct, or completely wrong and why. You can average several techniques as a way of eliminating error. Akita is using a number that is far too conservative in my estimation.
The moon counts are significantly lower than under-reporting statistics from for instance the dotlan numbers suggest. Yes, theoretically there's a possibility of there being over 800... until you go talking to the relevant space-holders to find out the numbers. Tech interestingly only has a very low under-reporting rate on Dotlan, for instance Geminate with its 13 reported moons has 16 actual moons - fade with its 6 reported moons has just 9.
Akita came to an expected Tech moon count of ~350 iirc, my current estimate is somewhere between 320 and 400 depending on the Drone Region tech moon counts that I haven't gone after yet... either way even Neo doesn't come close to getting the bottleneck shifted to it, let alone the other highends.
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Turiel Demon
Minmatar Celtic industries The AsyIum
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Posted - 2009.12.15 23:41:00 -
[60]
Originally by: Xavier Hayes I LOL till I wet myself on the discussions referring to the two spikes in the Dysprosium market. Let me set the record straight here: the spikes weren't caused by a bottleneck or such, but by some MAJOR market manipulation.
You think you could have done it without prom/dyspro being bottlenecks? Lol, go ahead and try with Thulium 
Would you be so kind as to link to this fabled 'elsewhere', evesearch turns up nothing but CSM posts on the 'Xavier Hayes' character.
Regardless, it is an interesting point - there are still plenty of foolish moon miners who are selling to buy orders for instance, especially from the NC I'm hearing of millions of units changing hands below market price even. They'll pretty much have to be chained to the market history tab with the instructions 'QUIT SELLING SO LOW DUMBASS' engraved on their retinas before they get the message. Less hyperbolic, they need to see that the price can be high, which requires a bit of work from us speculators, once its high it'll stay put given that there's at least a partial bottleneck.
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Turiel Demon
Minmatar Celtic industries The AsyIum
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Posted - 2009.12.17 15:04:00 -
[61]
Heh, I remember when you said Tech might reach a stable 30K by Christmas I thought you were overestimating its chances a little. Silly me 
Not that this is anywhere close to stable yet but still it's a damned impressive performance...
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Turiel Demon
Minmatar Celtic industries The AsyIum
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Posted - 2009.12.17 21:27:00 -
[62]
Nanotransistors have been leading tech for ages now, for each 1K that nanotrans cost their raw materials should be 30K put together, or put another way 1/30th of tech price + 1/30th of neo price + 1/30th of plat price should be the rough nanotrans price... except its been way higher than that. Tech is moving up to close the profitability gap of producing them a bit.
Microprocessors have been selling fine at ~35k/unit, which indicates that a nanotransistor price of 5k+ is sustainable. Work out from there where most of the isk-flow should go to its raw materials.
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Turiel Demon
Minmatar Celtic industries The AsyIum
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Posted - 2009.12.21 20:27:00 -
[63]
Originally by: Mahke Edited by: Mahke on 21/12/2009 19:51:36 Instead of fullerides going up to converge with tech, tech collapsed down
Sold 2.5mil fullerides to sell orders down to 920 at a loss (130mil or so, made billions form moon mineral speculation so oh well, win some lose some) to get the liquidity I need to put a floor under tech prices so as to protect the rest of my investment. Buy orders up 1.5k so far, I'll hopefully have the floor at a decent level by tonight. Might work out badly but, someone has to do it .
Can you please not do that? Some of us are trying to cause a crash here 
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Turiel Demon
Minmatar Celtic industries The AsyIum
|
Posted - 2009.12.21 22:24:00 -
[64]
Originally by: EvilCheez Out of tech myself, but it will be interesting to see if we can tell when TornSoul fills that 100B bond by watching moongoo.
With the quantity of it TS will get as collateral he could sell while crashing the market, then buy up again low as it recovers... about as close as you can get to selling short in EvE 
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Turiel Demon
Minmatar Celtic industries The AsyIum
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Posted - 2009.12.25 16:05:00 -
[65]
Originally by: Tiberizzle
Originally by: Akita T
Originally by: Barton Foley I wonder if we can break 100k this weekend.
During the course of this "extended weekend", we might get there (don't hold your breath), but it won't last long, and the volume traded at/above that level will be pretty low.
Quote: I also wonder what happens when we hit triple digits and everyone and their dog dumps inventory.
I am going to second "don't hold your breath". It seems (relatively) stable around 50k +/-5k sell, and there are enough large orders covering the price spectrum to dampen any large movements. It will take either a huge spike in demand, a similar interruption of supply, or (more) massive manipulation to push into triple digits so soon (if ever). From what I've seen it is speculation and speculation alone holding the price as high as it is: the sellers would be happy with it to be under 40k. Once or twice a day large (10-30b) positions are being assumed with buy order support, after which throat-cutting by station traders drives the price down rapidly to the minimum margin over outstanding buys while buys trend down until the next large movement.
Further, intermediate and advanced reactions don't reflect the Technetium demand at all. Prices on reaction products have been trailing technetium movement for hours if not days until speculation reached them. If in fact the pressure on technetium was in any way indicative of manufacturing demand, we would expect to see movement in the reaction products leading or closely following technetium. This implies those who are purchasing the Technetium must not be using it: if they were rational and making use of it, they would favor the cheaper reaction products.
To what extent the current demand and price point is entirely synthetic is anyone's guess. It is clear that speculators are fighting against overwhelming supply. Will stockpiles run out before the speculators pockets are empty? Can manufacturing demand alone sustain these prices?
It is my opinion, in any case, that waiting for stable growth from here on will be "holding your breath," and unless your position is in the tens of billions you will find better opportunities for growth elsewhere. Trading on the volatility remains profitable, but will do little to raise the ceiling for those holding long positions.
Interemediate reaction products always trail both end products and raw materials - using them is just not very practical for people who hasve a full set of reaction POS running: reactors just go from raw material --> finished product without actually paying much attentiont ot he intermediate which is why it has so little movement. Nanotransistors are the important end product and they've been leading tech for a long while now, tech is only just starting to catch up.
I'd say we'd be lucky to see a price over 80k in the near future, and it'll come down a bit too after, though it's important to note how little tech tradign has been happening the last couple of days - normal production should require something like 1.6m units/day after all.
Don't forget that Akita originally said we might see a price of thirty thousand by christmas, and that we've shot way ahead of that, and yes that is mostly specultarors... I highly doubt we'll se prices below 45k again nonetheless.
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Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.05 16:29:00 -
[66]
While that's true we have been seeing repeated bumps against the ~30K ceiling which IMO it only hasn't broken through because of speculators from the Big rise releasing stock piecemeal each time it reaches that point - being unwilling to sell lower. That can only keep prices down for so long.
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
|
Posted - 2010.03.10 11:53:00 -
[67]
Originally by: Grozen Bumping this because there's bout 20b worth of tech in 1sell order atm and somehow i don't see this matched in the buy orders.Its going down from there very badly.
This has been happening every other week or so, there's a big sell-order just showed up (730K this time) and people see that it'll drop so they cash out on buy-orders, killing them down pretty effectively. Yesterday I sold off the 500k I still had on the 28k buy orders for instance, just like two weeks ago when I dumped 1m units. It recovers.
Most likely it'll drop down to maybe 22k/unit at the lowest point over the next 4 or 5 days; at that price you'll be lucky to see any movement before it starts rebounding back up fairly quickly. I'll try to re-buy at 23-26k/unit for a passable 15-20% profit over two weeks or so... as will many others I'm sure.
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.11 13:35:00 -
[68]
At times like this I always wonder if we may have been wrong about the relative scarcity of Neod - it surprises me it's been able to push through the oversupply created by the bunch of speculators who bought it before we settled on Tech.
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.11 18:45:00 -
[69]
plat-tech is also used in fullerides which make up something like a third of plat-tech demand, leading to something like 50% more demand for tech than for neod... though neod is also used for something else, I think one of the prom/dyspro products but I can't recall.
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.11 22:11:00 -
[70]
Originally by: Stafen
Originally by: Julian Koll i understand your point, but if my assumption is correct that there are half as many r64 moons as r32 ones, even if fullerides accounted for half of tech's demand, neo should be on the same price level.
And thus lies the problem. From the numbers on DotLan Moons there are 231 tech moons and 197 Neo moons. Very close in terms of numbers.
(but dotlan is probably wrong, so I guess we will have to wait and see if the tech bubble bursts to see how far wrong it is)
There's something like 50% more Tech moons than there are Neod moons. Neod being R64's were more accurately reported than the previously unimportant Tech moons which often got ignored... now not so much.
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |
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Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.17 14:07:00 -
[71]
Not related to the above but from watching the prices of all the tech-chain materials over the last month the margins between material cost and product price in each stage of production have been consistently shrinking.
This indicates that the 'reaction bottleneck' of there being insufficient towers working on making nanotrans and fullerides appears to have resolved itself somewhat, which is probably what's been causing Neod and Tech to bump up against - and now past - their 30k/12k ceilings these last few weeks.
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.18 13:04:00 -
[72]
While there has been a bit of Neod manipulation influencing its rise, most of it seems natural, at least to me, especially as there is no cartel-like structure which controls the sources.
The reason for Neod rising like it has been I think is that it looks like there's a bit of under-supply of Neod which for up till now has been propped up by old stockpiles. Those stocks and the higher opinion of Tech have stopped all too much from happening to Neod so production didn't increase much while there has been some potential extra production available.
This was to be expected to a point, but now that I'm thinking about it it's quite possible that Neod will be a bottleneck material for a while (maybe a couple of months) while we chew through the large supplies of Tech that were available thanks to its previous overabundance.
I had actually first thought that there would be more excess Neod stockpiles than Tech, because there was a longer period of expectation that Neod would be the one to go up before Tech took over. This may not have been the case however, as (now that I've found the way to export market history for examination in Excel) it looks like there was actually quite a bit more Tech trading over the normal use in the november-domilaunch period than there was for Neo in the september-domilaunch period. Now that's just absolute trading amounts and doesn't necessarily say all too much because it includes all trading between speculators, of which there was a really high amount.
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.19 01:34:00 -
[73]
Originally by: xylopia ...
Platinum price is around 3k, Dysprosium is @ 25k, and Promethium @ 20k. Tech is still around 30k. I believe these price tags indicate we are still moving from pre-dominion to dominion. So, I think Neod price will reach roughly around mid 20k (slightly higher than 5 times of Plat), and stays there till next turn comes around.
That's probably as good an estimate as any from the basic numbers, but I wouldn't be surprised to see Neod overshoot that price quite easily, seeing the love of speculation and quantity of ISK that people seem to be willing to throw at materials in possitions like Neod is in right now. How long a rise and eventuall plateau would be maintained is a bit of a difficult question though... |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.19 15:14:00 -
[74]
Originally by: Wyke Mossari
While some of my long term capital is still in Technetium products for the long market, I've already started moving the bulk to the next big thing and detecting the unmistakable foot prints of some big money while I'm at it.
Well, how positivley vague of you.
Oh, and reply nr 999! 
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.19 20:30:00 -
[75]
Originally by: Wyke Mossari
Originally by: Akita T
Originally by: Liberty Eternal If the introduction of Planetary infrastructure creates a mechanism capable of absorbing large amounts of capital
Considering they stated that they wanted PI to be a thing a newbie can get soon into, I highly doubt it.
Easy to get into, but how much trit do you think will be needed to build a space elevator?
Well the problem there is that in relative terms we don't really need extra trit sinks so very much. If a spece elevator costs staggering amounts of highends then you're on to something 
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.20 01:28:00 -
[76]
So, I've been watching and working Neod the last two weeks. I'm pretty sure now that it's underproducing, quite heavily. There are still stocks out there right now of course, but it might be as little as ten million units right now.
The thing is, Tech has higher stockpiles, still multiple tens of millions of units. It is going to be rising over the coming weeks, but quite slowly.
The point being: from the looks of things Neodymium is going to be our T2 bottleneck for a little while.
Production is not at full capacity, it never needed to be pre-dominion. To maintain the same level of production we had pre-dominion needs about 2x as much neod as it did before, just like Technetium, however tech quite simply has more stockpiles to coast on and likely is closer to full-scale production due to its greater popularity. As you all may know there was a long period of time where Tech was worth somewhat more than Neod... and of course with the Dominion run-up this was amplified to an even greater degree.
The stockpiles of both of these materials have allowed production to trail usage by greater or lesser degrees, but as tech has been higher people have taken up production there with a vengeance, while Neod has trailed behind as the 'secondary' moongoo.
This situation could have been predicted, I'm sorry to say I didn't see it untill I finally 'got' the pattern ten days ago... but it was almost inevitable once the reactor bottleneck resolved itself. If anyone sees a chance to make some ISK off of it, best of luck to you. I doubt anyone will be able to tell with any degree of certainty what kind of price will or even can stick, but right now it looks like a fairly easy 20k+/unit for the next few weeks.
Once Neod production comes on line in earnest (which it will) over the coming month(s) we'll see Tech take over, but it could really take quite a while. Even though the disparity between tech and neod is greater than prom and dyspro it looks increasingly like we could be seeing a two-material bottleneck like before.
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.20 13:09:00 -
[77]
Originally by: xylopia
Originally by: Turiel Demon àI wouldn't be surprised to see Neod overshoot that price quite easily,à
Guess what, youÆre right and IÆm wrong. My bad.
BTW, I've been such a sorry ass with 2m Neod in my hanger. Everytime ppl beat their chest with iskies from tech, I swallowed salty tears deep down in my throat. All those months I was holding myself from banging my head to the thickest part of wall for not buying up Tech; those days are going fast. ItÆs finally the time to shine some light on æem. Now that IÆm not that shabby after all.
Thanks for pointing out.
Well, I guess that's probably one of the times you'd been most happy to be wrong in recent history? 
Seriously, congrats on still having some Neod, I managed to pick up a little over the last couple of weeks but nowhere near 2m
I hadn't expected it to suddenly jump to 50k, a price which is almost certainly unsustainable, but I expect that those small orders racing eachother down that just hit 30k are going to find themselves bought up and relisted pretty soon if they go much further...
Prices may settle anywhere between 25k and 45k and still get blowled right over in the coming week... producers are still going to want to buy 600k+/day, and unlike the Big Tech Spike, where prices were rising with trading over 4x actual daily usage, here we have trading that is only slightlly (20%?) over actual daily use. This whole spike has taken place during 14 days that are actually slightlyl below average. All this just to say that I very much doubt we'll see a reactionary crash like we did with Tech... there simply aren't large enough (active) stocks out there for it IMO.
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.20 15:51:00 -
[78]
Originally by: xylopia Look who's talking. A guy with a couple million tech in his pocket patting my shoulder... Hmmm...
Originally by: Turiel Demon Prices may settle anywhere between 25k and 45k and still get blowled right over in the coming week.
I can't argue with that. Look how quickly it settles down, but I'm sure it will rise back again.
Rumours of my Tech stocks are greatly exagerated... that's Akita with the 7m units.
Seriously, with 2m units of neod if it sells over 30k/unit you're a good bit richer than me
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |

Turiel Demon
Minmatar Celtic industries F A I L
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Posted - 2010.03.22 00:25:00 -
[79]
Originally by: Akita T
Originally by: Turiel Demon Rumours of my Tech stocks are greatly exagerated... that's Akita with the 7m units.
Peak tech stock was a bit over 6.2 mil units (average purchase price 11.2k), have around 5.5 mil left (yikes). Neo, that I bought only around 350k units at 3k per unit and sold at 13.4k per unit just before the patch hit.
Well then as an impartial observer on Neod what're your thoughts?
So far noone seems to be coming out to agree or disagree with what I've been thinking 
If you can't beat Eris, join her, hmmm that sounded so much better in my head - Cortes Don't be greedy :P -Cap |
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