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Llyandrian
Amarr
Livestock Science Exchange
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Posted - 2010.05.27 16:23:00 -
[1]
I'll stake 100m for no crash.
ISK sent to Shar Tegral @ 16:22 Eve time.
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Llyandrian
Amarr
Livestock Science Exchange
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Posted - 2010.05.28 12:01:00 -
[2]
 Originally by: Llyandrian
I'll stake 100m for no crash.
ISK sent to Shar Tegral @ 16:22 Eve time.
Bumped for response/acknowledgement.
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Llyandrian
Amarr
Livestock Science Exchange
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Posted - 2010.06.16 12:19:00 -
[3]
Originally by: Akita T
The lowest opportunity cost considered acceptable by macro users is astonishingly low, so while there is a bottom to the prices of minerals (in form of bottom income miners are still willing to work for), it's sadly pretty damn low.
Spot on. Assuming a high sec macro previously earned around 10m/hour that's about 230Million a day, 6.9 Billion a month more than enough to cover a plex costs of 300m. So a macro remains profitable as long at it earns >500k an hour. 1/20th of the current income.
If macro miners are the predominant cause of excess mineral supply the price floor is going to be shockingly low. Classic Gresham's law.
AIH my reason for taking the bet was the mineral requirements for capital construction parts for player built POS, which I expected to prop up the market long enough to win the bet.
The agonisingly slow delay in the removal of NPC POS seems to have burnt any chance of collecting.
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Llyandrian
Amarr
Livestock Science Exchange
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Posted - 2010.07.19 11:25:00 -
[4]
It's certainly been a lot more exciting than I expected, even if I lose (though I don't think I will now) it's been worth it in entertainment value. 
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Llyandrian
Amarr
Livestock Science Exchange
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Posted - 2010.07.19 13:07:00 -
[5]
Originally by: laksmi2
200 m trit per day is about one % of the trit traded in forge. so dont think the cap components have such a large impact. before patch 25% of the minerals i sold came from module recycling. this percentage is now below 5 % (guesstimate) other sources havent filled the gap completely yet.
My numbers put it around 0.5-0.7 % of jita volume, but it doesn't need to be a large percentage of the volume to have an impact. The very nature of supply demand pricing is the market is very close to equilibrium and takes very little to switch from one side of the tipping point to the other.
What matters is how does this effect the over all balance of supply. If the over supply was 1% it might slow down the decline. If the over supply was 0.1 % it would reverse the trend.
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Llyandrian
Amarr
Livestock Science Exchange
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Posted - 2010.07.23 18:27:00 -
[6]
Confirming settlement recieved.
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