Taedrin
Gallente
The Green Cross
Controlled Chaos
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Posted - 2011.01.27 18:49:00 -
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Edited by: Taedrin on 27/01/2011 18:50:05
EDIT: I'm sure that Akita T could explain this far better than I could. Where is Akita when you need him?
 Originally by: HeIIfire11
Edited by: HeIIfire11 on 27/01/2011 18:34:35
Edited by: HeIIfire11 on 27/01/2011 18:29:28
Originally by: Alexliea
Originally by: HeIIfire11
Oh joy!! Because its so fun to be surprised by a fleet of super rats while mining.What fun..what fun!Moar content ccp!!
Moooaaaarr!!
Nice isk sink btw.
idiots need to stop calling ship kills isk sinks since they are actually isk faucets.
idiots also need to stop thinking everyone is as much of an idiot as they are
Same goes for the friut fly Tres..you can call your mongo dad a moron.
Wrong or right who died and made you god?
When you buy a ship, you lose ISK, but that ISK goes to another player - thus the ISK does not disappear from the economy.
When your ship blows up, the ISK that you used to purchase that ship also does not suddenly disappear (manufacturers would be in big trouble if this were the case!), so thus your ship being blown up does not act as an ISK sink. The only thing that is destroyed are the minerals that were mined/refined in order to build your ship.
However, when your ship is destroyed, you receive an insurance payout (even if you didn't insure it!) which creates ISK out of thin air.
Thus, thanks to insurance payouts, a ship being blown up is an ISK faucet, not an ISK sink. However, it acts as a mineral sink. This has a twofold effect:
1) Supply of minerals in the market is reduced, thus increasing mineral prices
2) Supply of money in the mineral market is increased, causing inflation which further increases mineral prices.
This is why wars, incursions and anything which involve people getting their ships blown up are good for miners and industrialists in general. In fact, if you pay attention to mineral prices during major 0.0 wars, you will notice that mineral prices rise very quickly. Remember The Great Tritanium Shortage? Trit prices over 4 ISK per unit, pyerite over 8? Those prices were only possible due to two reasons:
1) Lots of capital ships being blown up in 0.0
2) Back at that time, insurance payouts weren't nerfed, so there was a floor on the mineral basket price
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Originally by: Dr Fighter
"how do you know when youve had a repro accident"
Theres modules missing and morphite in your mineral pile.
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