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Charles37
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Posted - 2010.05.20 03:42:00 -
[1]
Since no one else is willing to, I'll put 100mil up against AkitaT just for the hell of it.
Personally, I agree with the argument of this thread, that the mineral basket will go down. I've already sold off all the minerals I got from reprocessing my mission loot and I'm holding off on buying more minerals for my industrial activities because I think I'll come out ahead in the long run that way.
But, it's just a game. I make enough to pay for my accounts with PLEX and then some every month, and what's life if you don't live a little, if you don't take a risk once and a while? I know my bet is peanuts compared to what AkitaT is putting up, but it's what I feel comfortable playing with and willing to lose. Hopefully more people will place bets against her to make this more fun.
I agree to the terms laid out earlier in this thread (I'd prefer to use the Forge average just to make things simple and easy to determine) and I'll send my 100m to Shar Tegral in a bit.
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Charles37
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Posted - 2010.05.22 23:08:00 -
[2]
Thanks for the confirmation of the bets.
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Charles37
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Posted - 2010.06.04 01:18:00 -
[3]
 Originally by: Tiruriku
Edited by: Tiruriku on 03/06/2010 21:44:23
Originally by: Cigney
What I love about this bet is that its damn near a guaranteed win if it goes into the 55-65 range and HOLDS.....
...All of you who bet against Akira are ****ed...
That is kind of the point of the bet. Those of us who bet against Akita believe believed that insurance prices aren't the sole determining factor in mineral prices and that as prices get lower supply will drop.
Speak for yourself; I put up my money to get the ball rolling/goad others into doing it and as a form of entertainment. I have no expectation of getting my money back, nor did I when I placed my bet. While insurance prices might not be the *only* determining factor in the price of the basket, I sure as hell believe it's the most important factor by a long shot, which is why I sold off all of my bulk minerals reserves from reprocessed loot about two weeks before patch day.
And I mean hey, if by some freak accident I do end up getting my money back and then some from AkitaT, then I'm certainly not going to complain.
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Charles37
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Posted - 2010.06.11 21:12:00 -
[4]
I'm pretty surprised so far; I expected to have lost handily by this point in time, but it looks like I may end up having an unexpected infusion of cash come the first of July.
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Charles37
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Posted - 2010.07.06 00:44:00 -
[5]
Originally by: Akita T
The largest fluctuations will most likely come from speculators trying to anticipate price shifts (and ending up switching money between them) rather than actual supply/demand action.
On this topic I would love to know how much of the trade volume in PI products over the last few weeks has been between traders vying with each other as the markets shifted up and down. It could make for an interesting discussion in the QEN and seems like it would be relatively easy to gather data for. I don't know how the EVE item database works, but I imagine you'd be able to have a script cull out trades on PI items where the item was bought and sold in the same station without ever being shifted around.
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Charles37
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Posted - 2010.07.10 23:10:00 -
[6]
09.10.2010
Forge Avg: 62,685,861 ISK (2.49/4.85/28.38/53.30/122.24/984.84/2175.10)
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Charles37
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Posted - 2010.07.13 20:28:00 -
[7]
09.13.2010
Forge Avg: 63,786,021 ISK (2.50/4.80/29.33/56.55/122.37/992.12/2281.09)
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Charles37
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Posted - 2010.07.21 21:25:00 -
[8]
Originally by: Induc
I haven't really been following this thread, but I got a question.
I read somewhere that the base mineral cost calculation had to be manually triggered by CCP. So the question is, has the insurance payouts been adjusting due to falling minerals prices or are they still at the same level as right after the Tyrannis launch?
I don't believe CCP ever stated if it was manual adjustments or automatic adjustments every x days/weeks, just that insurance rates would be tied to the market. I haven't been keeping track of insurance prices, but if anyone has the data it would be interesting to see.
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Charles37
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Posted - 2010.07.23 05:19:00 -
[9]
Confirming that I received 200m isk from Shar.
It's been a fun run, and while I do think that circumstance (and maybe a few anti Akita individuals) conspired to make the bet work out in favor of the 'no crash' group I think it spawned some interesting discussions and was an enjoyable, or at the very least entertaining, experience not for only those involved but many of the other posters on the board as well.
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