Either way, it seems investors have noticed that this is a good opportunity for investment, with the usual buy up of 100-200k units per day rising to a peak of 1.6 million units yesterday. Possibly the several gentlemen who have patiently been holding orders of 4 million units each at the 37000-45000 per unit price for the last year may be about to see a reward for that patience.

Certainly the numbers of people liable to still hold stocks of this item from the old NPC sell orders will have diminished significantly now that a year of steady cashing in has occured. Around 2 million units in several sell orders seperate this item from further price rises, leaving us waiting to see what investors will do next.

Time will tell.

Yes, because those who've bought in will certainly turn a profit when the market takes a nose dive, good logic.

I suspect the poster above is sitting on a mountain of GS and wouldn't like the market to have it's bottom fall out. But there's very few buy orders left right now, and the bulk is sitting at 12k. So I can only conclude my previous statement has merit.

I have stacks of these sitting in CL-85V. I can check the actual quantities tonight when I log in. If anyone wants to do some business then shoot me a mail.
Cheers.
Dunbar.

So yes, once the stockpiles eventually run out, that's the price they'll rise to. The big question is "how big are those stockpiles" and "how fast will they deplete".

Or, "do you have 20b isk sitting around doing nothing?" and "would you like it to be 60b+ isk when DUST 514 is released?"

Or, "do you have 20b isk sitting around doing nothing?" and "would you like it to be 60b+ isk when DUST 514 is released?"

Sure, the price MIGHT go up to 60k a piece or even higher even before then, but it won't be due to the actual demand, just speculative demand. And it could crash back to 20k or even lower soon after. That's why I was saying the main driver of prices is speculators and people with stockpiles, not actual consumers nor producers. And it can go either way.
I heard rumors of anything up to a combined total of over 800 mil units purchased game-wide before they cut NPC orders down - even with an assumed 150k/day average consumption, that would be 14 years before the stockpiles are gone.

The right question is NOT how many were seeded, but how many were PURCHASED massively just before the patch.
And the answer to that lies in the still-visible in-game market history.
It's a pretty damn easily noticeable thing on the graphs/tables.

As to the second thing, no, the stockpiles DO NOT need to get exhausted before prices spike to near or above PI-parity.
Only the stockpiles in the possession of IMPATIENT people need to be exhausted before that happens.
The price could reach PI-parity equilibrium long before the already purchased stocks are gone.

So yes, once the stockpiles eventually run out, that's the price they'll rise to. The big question is "how big are those stockpiles" and "how fast will they deplete".

If they are only used in t2 drones the stockpiles could last years.

I like how you don't mention taxes once

You're not even vaguely self-consistent. Your joke numbers hinge on "I heard rumors" of some outrageous number

Akita has went from a still-visible number bought that was "pretty damn easily noticeable" to a thing of rumors (with a number pulled out of thin air).

He went from saying that stockpiles "DO NOT need to get exhausted before prices spike", to saying we need to wait years for stockpiles.

People, look at the price history yourselves. Now add in both increased consumption of GS, and an additional ~15k/u in taxes. Try and find anything else that's an equal long term investment. If you can't, it's time for you to decide if you want to be on this train or not. The taxes are here and the math is on GS' side.

When people are done buying up guidance systems I've got some tulip bulbs that everyone is just going love.

that was a lot of words to re-iterate that you don't know anything about the GS market, that people can make money off it, and to show that you're just waving more fear, uncertainty, and doubt around.

as you disproved pretty much nothing of what I said I'm just gonna let it stand vOv. You seem to live in a disconnected world where an item's future equilibrium value has no bearing on its speculative market value -- a theory which is consistently disproven by the markets both in Eve and real life. Or maybe you're just madly quoting posts and waving hands so you can get some buy orders filled on an alt, who knows?