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Tyber Zaan
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Posted - 2010.11.24 19:24:00 -
[31]
Originally by: Midday Toker I believe I read in a chronical or something that the average planet dweller was lucky to make 10,000 isk in a life time or a year or some ****
This.
Think about it, we are purchasing millitary-grade spaceships and weapon systems, and those are not cheap.
There is a reason that the intro to eve says "If you are patient, you can amass the wealth of empires."
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Vincent Athena
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Posted - 2010.11.24 20:32:00 -
[32]
Edited by: Vincent Athena on 24/11/2010 20:33:08 I looked a the cost of water and various metals to get some conversion rates
Item............$ per ISK Water...........4 Cobalt..........215 Chromium.....4 Platinum........432552 Tungsten........1158 Vanadium.......90
I see platinum as an anomaly, there is more in space than on earth, so it should be cheaper than the earth price.
But still, the range is $4 per isk to maybe $1000. So for a space station resident to feed themselves for a day, maybe around 0.02 to 3 isk?
This has implications for incarna. A basic set of clothes should only cost a few isk. Something good, a few hundred, and something you wear on the red carpet, a few tens of thousands. Furnishing your quarters should also be thousands to 100's of thousands depending on the luxury level.
Now, can I have a wireless hookup to my implants so I can sit in the hot tub with the exotic dancers while flying my hulk?
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Raid'En
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Posted - 2010.11.24 20:48:00 -
[33]
Edited by: Raid''En on 24/11/2010 20:50:02 there's something wrong on this story ; if ISK is this valuable for normal citizen, then any planet of known space must been filled with very rich people, because a demigod will buy something one day here, even it's the worst planet of the eve cluster. and in that case, the governement will collect taxes from either the trade or/and the corporation who live on this planet. (or capsulers having PI here) and at a moment part of this money will be given to citizens.
but anyway, WTB Jita IV, 1 000 ISK :P
---------------- ** Wormhole Trading ** |

LOL56
First Flying Wing Inc ROMANIAN-LEGION
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Posted - 2010.11.24 21:06:00 -
[34]
One thing i would like to point out is that were NOT buying military grade weapons/ships most of the time, what the heck do you think a navy apoc or federation mag stab is?
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Thuranni
Eldjotnar
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Posted - 2010.11.24 21:25:00 -
[35]
Originally by: LOL56 One thing i would like to point out is that were NOT buying military grade weapons/ships most of the time, what the heck do you think a navy apoc or federation mag stab is?
Considering how easily faction navy ships are slaughtered by anyone competent enough to run a level 4 mission, I'd say that our stuff is vastly above military grade.
ISK is a whole lot of money. A chronicle in some EON (I think) mentions that a 1 year tour on a capsuleer ship (which has a astronomical crew mortality rate) for a trained specialist nets him a couple of hundred ISK. That's one year of extremely dangerous work for a trained specialist.
Originally by: Taria A'nor I've been reading an EVE book and I 'believe' that each race has it's own currency. eg. Federation Credits.
Yes, ISK is only used for extremely high value transactions, mostly by capsuleers, the super wealthy, and governments. Each faction has it's own currency, with some probably having multiple ones.
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LOL56
First Flying Wing Inc ROMANIAN-LEGION
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Posted - 2010.11.24 22:51:00 -
[36]
The state has 8 different currency, one kind of corporate scrip for each megacorp on the executive council. i don't think currency is examined this closely for any of the other factions. I don't think we can take about the difficult of missions as canon, you ever run a pirate faction DED kill mission? easiest missions ever, which is totally out of line with the advanced jovetek fit CONCORD ships I see in jita. |

Lily Fair
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Posted - 2010.11.24 23:04:00 -
[37]
This has been discussed to death on several occasions before, and some witty folk always come up with a source link to something that points out that isk is a currency only used in space.
As far as I know, one unit of isk is ****loads of money on any planet when converted. This is apparently, what the lore states, who knows where, and does not reflect actuality with goods in space and their prices.
So if you lived planet side, and you had 1 isk, you could be considered wealthy.
My personal buttfeeling approximates 1 isk anywhere around 50,000->999,999
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Mr LaForge
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Posted - 2010.11.25 00:40:00 -
[38]
ISK < Veldspar. This is fact.
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Crumplecorn
Gallente Eve Cluster Explorations
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Posted - 2010.11.25 00:49:00 -
[39]
How long is a piece of string? -
I wish I was a three foot tall doll with a watering can and heterochromatic eyes |

Azimota
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Posted - 2010.11.25 02:07:00 -
[40]
Edited by: Azimota on 25/11/2010 02:10:03
Originally by: Crumplecorn How long is a piece of string?
Precisely twice the length from its midpoint to its end.
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Emperor Cheney
Celebrity Sex Tape
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Posted - 2010.11.25 02:42:00 -
[41]
Eve planetary economics make ZERO sense.
Asking what an ISK is worth is like asking the yearly salary of Wyle E Coyote.
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Draco Carollis
Amarr The Dead Canary Mining Corporation Talos Coalition
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Posted - 2010.11.25 04:53:00 -
[42]
A guy at eve Uni had a little too much time one day and posted this:
Originally by: "Brititos" My last days in the uni were fully focused on station spinning. At some point I spined it a bit too much and here is result.
I'm reading one of the EVE novels and started thinking how the normal people on planets compare to us, capsuleers. So I did some math.
Tobacco cost 47 ISK on average for 2500kg a load. A single pack of cigarettes weights about 20g which gives 125,000 packs. A pack costs about ú6 in UK, which gives us ú750,000 for the load worth 47 ISK. That ends in exchange rate of 1 GBP = 0.00006 ISK.
LetÆs do the same calculation for Spiced wine. Load 500 kg will be about 1000 bottles, ú5 each. That gives ú5000 in RL and 424 ISK average in EVE. Exchange rate here is then 1 GBP = 0.085 ISK.
The next is 400kg load of Dairy that costs average of 176 ISK. To make thing simple I took a 1 kg mix of milk, butter and other stuff from Tesco that costs ú 5.27 and gave me exchange rate is then 0.083.
Finally I compared Quafe (500kg a pack, 53 ISK average) to a smoothes from Tesco Actimel (ú2.4 for 8x100g) and Frozen Food (400 kg, 113 ISK average) to frozen burgers from Tesco (ú2.5 for 220g pack). That gave me exchange rates of 0.035 and 0.024.
From the above you can see that tobacco seems to be out of range which may be result of low taxes etc. Nonetheless I decided to throw that one away and did average on all other samples getting exchange rate of 0.05675.
This leads to interesting conclusions. We can easily assume that average salary is about ú26,000 which in eve would be just 1,475.5 ISK. ThatÆs not much if you compare it to 35mil for a fitted Drake that would cost whooping ú616 mil. We can compare that to the new aircraft carrier UK is building which was announced to cost ú3.9 billion that would exchange to 221mil ISK, a cost of Tengu without modules. A carrier from the other hand costs about 750mil ISK which is ú13.2 bil and so on. I will not even go to titans which probably could be compared with the whole UK budget.
All above is pointless but it has interesting perspective when I realised that every salvo of heavy missiles from my drake is roughly equal half a year salary.
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FeralShadow
Black Storm Cartel The Orca Syndicate
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Posted - 2010.11.25 07:15:00 -
[43]
Edited by: FeralShadow on 25/11/2010 07:16:23 That actually illustrates perfectly what it'd be like if the Euro were the currency of the planets in eve, and the ISK were what we the pod pilots were making. A person with 1500 ISK could live well for a whole year planetside. talk about awesome. I think a lot of us take for granted how much wealth we really do have, as all we know is each other and the market we specialize in. You gotta realize there's a whole sub-set of humanity below us with their own consumer market that we as capsuleers never even touch. ISK isn't the fundamental building block of currency in Eve, it's simply what we the pod pilots deal in. As such, we dont notice the lower value currencies that the masses use.
Just had a thought; imagine how much one enemy pirate ship is worth to a person planetside. Even a lowly frigate is worth about 50,000 ISK. They could live most of their life out easily if they somehow collected the bounty on the pirate frigate. And yet we pop them like flies and go "meh". Wow. _______________________________________________ "If you want to taste the ground, feel free to attack." - Kenshin Himura
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Jaari Val'Dara
Caldari Atomic Zeppelins BricK sQuAD.
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Posted - 2010.11.25 07:55:00 -
[44]
Reading all this I wonder how it all happened to be. Basically there are hundreds of thousands of people with wealth comparing to couple of richest people on this planet, others are even wealthier with wealth of empires at their hands. Yet all those people are simple military personnel, how come there's so high demand for capsuleer skills, after all training a capsuleer shouldn't be much harder or expensive than training regular private. |

RiotRick
Samhain. viperfleet
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Posted - 2010.11.25 09:10:00 -
[45]
ISK is worthless. Just send all you have to me, and be done wondering about it. --
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John Holt
Caldari Celtic Dragon's Beyond Ascension
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Posted - 2010.11.25 09:20:00 -
[46]
Worlds and common people do not use ISK. ISK is for interstellar use and represents the highest form of money in the galaxy.
A typical worker makes 10,000 ISK in his life time.
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