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Thread Statistics | Show CCP posts - 2 post(s) |
Jarnis McPieksu
Insidious Existence
En Garde
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Posted - 2010.03.15 10:06:00 -
[1]
 Originally by: cyclobs
how will lower insurence pay outs effect the cost of a ship.
ships cost isk to build. people build ships to make isk. why would they sell a ship thats worth less then the cost of the minerals they used to build it.
they'd be loosing isk, not making it
People constantly build and sell ships at a price point that is below the cost of minerals. Because "hey, if I mined the minerals myself, they are free, right?". Yes, people can be ******ed.
But that's not really the point. The point is that each ship has a soft price floor - about 70% of the platinum payout (so ship price + insurance fee ends up being cheaper than platinum insurance payout, making self-destructing of ships profitable). This "floor" is the only thing that is keeping mineral prices at the current levels - if insurance payout goes down, all the purchases made by self-destructing "insurance fraudsters" disappear. As there is massive oversupply of minerals, prices will go down until they hit the soft floor again - at the price point set by the new insurance levels - the point when "insurance fraudsters" start buying up ships/minerals that they can then turn into ISK and make a (small) profit out of the platinum insurance.
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Jarnis McPieksu
Insidious Existence
En Garde
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Posted - 2010.03.17 21:52:00 -
[2]
Originally by: Jack bubu
PAAANNIIICCCC!!!!
Confirming this. Lining up a stock of T1 hulls for (insured) self-destruction before patch, dumping mineral stockpiles to the market.
Unless CCP somehow magically constraints mineral supply by a huge amount, mineral prices will crash to the new soft floor set by the insurance payout of T1 ships. Yay, cheaper disposable T1 ships!
(Awaiting the devblog and the magical fix that will somehow prevent this. Not holding breath.)
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Jarnis McPieksu
Insidious Existence
En Garde
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Posted - 2010.03.24 17:27:00 -
[3]
Edited by: Jarnis McPieksu on 24/03/2010 17:28:06
Originally by: ISellThingz
Still waiting for that dev blog 
Wild guess: Someone actually read some player feedback and it, slowly, dawned to him that this may not be the best idea ever unless one wants to crash the mineral market...
I mean, in theory that economist of theirs should be able to say as much in a heartbeat, having access to all the logs and datamining and stuff. It may be that nobody asked him. Or it may be that CCP didn't think of it until players kinda brought it up.
So my guess is that they are hastily reworking those plans and that devblog is on hold until they have figured out what they want to do.
Still, if the only change is to insurance as it stands on SISI right now, the massive oversupply of minerals will crash the prices to the new soft floor set by insurance - a tad unhappy situation for anyone who gets his (small) income of ISK by mining.
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