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Kallie Altosoro
The Ornery Goat
5
   |
Posted - 2014.05.15 07:14:00 -
[1] - Quote
There is something about the EVE market that I do not understand.
I get the whole "supply and demand" bit. And that items, when popular, will go up in price. But there is something about it all that has me puzzled. It's probably very simple and staring me right in the face. And yes, I'm prepared for the usual backlash being a "noob" brings from a gaming community. But I thought I would at least ask.
Starting out to build up my fortune and follow the rule of "Never fly in something you cannot afford to lose," I've spent the last two weeks on asteroid mining. At first, all I was able to find was a lot of plain Veldspar. Players would come in quick, grab anything better than Veldspar, and leave the Veldspar. I often wait until I have at least 200,000 in a stack before selling my mined Veldspar. Why? It is just the number I chose and kept using. Now, I can get anywhere from three to three and a half million ISK for at least 200,000 Veldspar. Not bad. Later in the time period, I found asteroids containing more ore types than just Veldspar. Lots of Scordite and Plagioclase of various yields. So, I started mining these ores thinking if they are superior in refining yield than plain old Veldspar, I'll make a few more ISK. Well, it is not turning out that way.
After a couple of days of amassing 200,000 in a stack of the various ore types, I found the prices are not what I expected. Normal Scordite sells for better prices than Veldspar. Usually at least five million ISK per stack. But the other yields like Massive Scordite or even Dense Veldspar are much lower. MUCH lower. Earlier today, I tried to sell a 210,000 stack of Plagioclase and saw a price of ten million. But that same amount of Azure Plagioclase, two million less. Why? Azure has a 5% better yield. But it's worth less?
Why is that?
"Hey, this is my kind of rain.-á No wonder the sky looked funny today."-á -Dante
At warp, I can fly through a star.-á But I have to finaggle my way around this asteroid.-á /smirk |
Karen Avioras
Unsung Heroes
The Volition Cult
609
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Posted - 2014.05.15 07:24:00 -
[2] - Quote
Some ores weigh more tham others. So 200k veldspar can weigh the same as 20k Kernite. I havent mined in a long time so I'm fuzzy about it. |
Elzira Kore
Kore Inc.
1
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Posted - 2014.05.15 07:25:00 -
[3] - Quote
Where are you selling the ores? If it's in a system with a relatively low population there may simply not be enough traders in the market to create an efficient market. The few traders that do operate in the area can afford to place low bids for ores since there is little competition in the bidding.
In the more crowded systems, especially the popular trade hubs (Jita, Amarr, Dodixie, Rens, Hek), the market is far more efficient and you'll be able to sell your ore for better prices typically. Also, the 5% ores will be roughly 5% more expensive than the base ores, etc... |
Winchester Steele
1130
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Posted - 2014.05.15 07:29:00 -
[4] - Quote
The best way to solve your problem is to stop mining. You can thank me later.
... |
Marsha Mallow
543
|
Posted - 2014.05.15 07:41:00 -
[5] - Quote
You'll get more ISK for the minerals than the ore in most cases. Scordite is a wierd one as it's needed for some mission objectives so there might be buy and sell orders around rookie systems that are a bit inflated. There are plenty of online calculators and guides, although you will need to train some skills to refine efficiently.
Some of the starter systems are in regions adjacent to the main hubs so you can't see the larger sell/buy orders. Not sure where you are in space but your character is Gallente so your local hub would be Dodixie if you are in Gal space. It's worth going there to check prices of ore vs minerals. Create your own sell orders rather than selling to buy orders if you can. You don't get the ISK instantly and you might have to update the order, but you'll get more.
There's a new player forum here btw.
TO THE RIPARDMOBILE! |
Jaime Wulfe
Blackwater USA Inc.
Pandemic Legion
4
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Posted - 2014.05.15 07:46:00 -
[6] - Quote
Check Trade Hub prices - best use Jita
Understand the difference between a Sell- and a Buy-order
sell your ore there for constant prices or make sell orders in your region some % under the Trade Hub Price.
u experience a variation of BUY-orders, caused by traders who make profit out of your lack of knowledge. |
Kallie Altosoro
The Ornery Goat
5
|
Posted - 2014.05.15 07:48:00 -
[7] - Quote
So, the price of goods change depending on what system you use the market in? I thought the market was galaxy wide. Guess not.
"Hey, this is my kind of rain.-á No wonder the sky looked funny today."-á -Dante
At warp, I can fly through a star.-á But I have to finaggle my way around this asteroid.-á /smirk |
Marsha Mallow
543
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Posted - 2014.05.15 08:03:00 -
[8] - Quote
Orders are player created, so yes they can fluctuate and they are restricted to that region only.
Players can create buy orders which can be region wide but it requires max skills, and those are often the cheapest prices which are beaten by people placing higher orders in station/system. Sell orders can only be listed in the location of the goods and the skills relate more to how many orders you can have and how far away from the goods you can be at the point of listing on the market. Generally the best prices for sell/buy orders are in the hubs (Jita, Amarr, Dodixie, Rens, Hek) so work out which is closest and head there to check prices.
Make sure your market window is set to show region wide orders, rather than station/system. Click on the top of the value columns to sort sell orders into cheapest at the top and buy orders most expensive at the top, and you can see more clearly the difference between sell/buy order.
Variations on ore prices are generally because it's a low volume market. You'll probably kick yourself when you work out how much the minerals would have been worth (even if you refine with no skills and max waste) so stop selling raw ore and work out what the ore refines into, then get prices for the minerals. There's a calculator here.
TO THE RIPARDMOBILE! |
ShahFluffers
Ice Fire Warriors
Late Night Alliance
5408
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Posted - 2014.05.15 08:13:00 -
[9] - Quote
Kallie Altosoro wrote:So, the price of goods change depending on what system you use the market in? I thought the market was galaxy wide. Guess not.
Correct. Each station has it's own individual market. When you buy something from a particular station, you are buying that station alone.
Buy orders are bit screwy in that they can have a "range" (from the whole system to several systems out) beyond the system they were placed in. The caveat is the buyer must pick up from each station the buy order was satisfied in (meaning they have to go fetch it somehow).
The prices you see on that little "tool tip" thingy is just a price that is averaged over the whole star cluster (I think?).
Finally... NPCs do not move things for you... players must do that (either through a courier contract or through their own efforts). So always set sufficient collateral.
Change isn't bad, but it isn't always good. Sometimes, the oldest and most simple of things can be the most elegant and effective.
"How did you veterans start?" |
Nalelmir Ahashion
Omegon 42nd Core
433
|
Posted - 2014.05.15 08:14:00 -
[10] - Quote
http://ore.cerlestes.de/index.html#site:ore
"What's worse than a foul-mouthed eight-year-old constantly claiming he's had relations with your mother? A foul-mouthed eight-year-old constantly claiming he's had relations with your mother who thinks he's a gangser, that's what."
--áAaron Birch |
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