Val'Dore
Word Bearers of Chaos Word of Chaos Undivided
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Posted - 2011.02.09 08:52:00 -
[1]
Originally by: Ishtanchuk Fazmarai My point, Insurance is a net SINK: the only source of ISK in game are NPCs, who give up ISK for blowing stuff, performing tasks, supplying minerals or being blown out (insurance). That is, PvE and harvesting print money out of thin air as players play the game.
Buy a shuttle and self destruct it. Where did that insurance payout come from?
Insurance is only a sink when you pay into it more than you ever get from it, which is rare unless you renew expired insurance often.
Quote: Yet, as insurance is limited by resource harvesting -unlike missions- and as it consumes minerals and provides a payout smaller than supplyig them to a NPC agent, I consider insurance a net sink, as more wealth is destroyed than the actual ISK being injected into economy.
Resources and liquid currency are not the same. That 'wealth' has no ISK value until players set one.
Quote: My (many) contenders' point, Insurance is a net FAUCET: all trade ingame is between players and nobody prints money out of thin air, which is fair and dandy until eevil insurance spoils it by giving money to a guy without removing it from another guy. Thus insurance adds money to the economy from thin air, acting as a money faucet and thus it devaluates ISK and causes inflation.
And they are right.
Quote: So what yo think: is insurance a net faucet or a net sink?
It doesn't matter what I think, it is a undeniable fact that it is a faucet 99.99% of the time.
~No matter what happens, somebody will find a way to take it too seriously.~ |
Val'Dore
Word Bearers of Chaos Word of Chaos Undivided
|
Posted - 2011.02.09 19:00:00 -
[2]
Originally by: Kalia Masaer Insurance only is a sink when it expires and with platinum insurance it costs 1/3 of the pay out so this means that a ship has to survives having the insurance expire twice,
Actually you have to figure in the base (aka free) payout:
Plat Payout - Base Payout - Plat Cost = Total Value of Insurance
The second time you insure any ship, you have waisted ISK. And some would argue that insurance is never actually worth buying.
~No matter what happens, somebody will find a way to take it too seriously.~ |