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FrontC
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Posted - 2006.06.29 20:33:00 -
[1]
So CCP just announced Ice is being removed from high sec space. It's pretty predicatble that this means that topes prices will rise, probably significantly. If someone had the capital, would it be a good time to buy up today's lower priced topes in anticipation of that rise? |
BlueSmok
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Posted - 2006.06.29 20:37:00 -
[2]
Thats just great what we need is all the rich people getting richer while us miners are losing even more profits now because we'll need to pay for combat support in low sec where this "nerf" will force us to ply our profession!
If you're not flying with Hippies, you're not having FUN. |
Kenz Rider
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Posted - 2006.06.29 20:52:00 -
[3]
Question is what is high-sec? 0.9 and above? Or 0.5 and above? I can live with 0.7 and above, but if they force mining in 0.4 and below I would be a little upset.
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FrontC
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Posted - 2006.06.29 20:57:00 -
[4]
As long as it's including 0.9 and 1.0 systems it should affect prices as those are the only ones where you can really afk mine. Macro or farming ops will probably have to shift to ore in those areas instead, which is why prices on topes will rise.
I doubt if CCP would make them sub-0.5, but who knows? |
FrontC
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Posted - 2006.06.29 21:45:00 -
[5]
Seems to be happening already. When I first logged in, the average price in Jita for various topes was 220-230. It's now up to 290 ... |
Azzerhoden
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Posted - 2006.06.29 21:49:00 -
[6]
And where did they say this? A link would be helpful.
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Pang Grohl
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Posted - 2006.06.29 21:57:00 -
[7]
 Originally by: Azzerhoden
And where did they say this? A link would be helpful.
Yes, please confirm this with statement from CCP.
This signature is a tribute to the greatest signature of all time.
It's not the greatest signature ever, it's just a... Tribute!! |
FrontC
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Posted - 2006.06.29 22:01:00 -
[8]
Edited by: FrontC on 29/06/2006 22:04:28
Originally by: Azzerhoden
And where did they say this? A link would be helpful.
Linkage
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Pang Grohl
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Posted - 2006.06.29 22:25:00 -
[9]
Originally by: FrontC
Edited by: FrontC on 29/06/2006 22:04:28
Originally by: Azzerhoden
And where did they say this? A link would be helpful.
Linkage
Thanks.
Very interesting from a couple of stand points. Though it doesn't seem to be a universal removal. Time will tell of course.
This signature is a tribute to the greatest signature of all time.
It's not the greatest signature ever, it's just a... Tribute!! |
Dark Shikari
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Posted - 2006.06.29 22:26:00 -
[10]
/buys isotopes 
--Proud member of the [23]--
-WTB Platinum Technite, WTS Nanotransistors, Heavy Electron II, 100mn AB II- |
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Argenton Sayvers
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Posted - 2006.06.29 22:44:00 -
[11]
Edited by: Argenton Sayvers on 29/06/2006 22:44:23
Interesting idea.
On a totally unrelated note, anyone happens to need 3m Nitrogen Isotopes for 600 ISK / unit - in Jita?
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Lisa Payne
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Posted - 2006.06.29 22:52:00 -
[12]
Originally by: FrontC
Seems to be happening already. When I first logged in, the average price in Jita for various topes was 220-230. It's now up to 290 ...
That's because ppl are panicking and stockpiling it, ccp said they will deplete high-traffic systems only.. there are 1000 icefields in empire, and only 5-10 high traffic systems.. you do the math on how much impact this will have :)
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Calibane
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Posted - 2006.06.29 22:57:00 -
[13]
It would be nice if this actually made ice mining and refining profitable again for the small-time miner. I was a little disappointed after spending months earning the skills for ice refining, only to find I could make more money mining Scordite in 0.8 space....
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Femme X
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Posted - 2006.06.29 22:58:00 -
[14]
/me feels like such an idiot, so how do I make use of this opportunity? :)
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FrontC
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Posted - 2006.06.29 23:03:00 -
[15]
Originally by: Femme X
/me feels like such an idiot, so how do I make use of this opportunity? :)
Well if you find topes for a good price, pick them up. Hold for a bit and then put back out on market for a higher rate. It used to be that topes went for 500-600, not sure they'll get that high again, but certainly should be better than 200! |
Jenny Spitfire
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Posted - 2006.06.29 23:19:00 -
[16]
/me buying out. 
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RecruitMe@NOINT!
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Kitty O'Shay
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Posted - 2006.06.30 00:15:00 -
[17]
After the announcement I bought all the Hydrogen Isotopes on the Heimatar market priced below 250isk/unit. \o/
Then our corp found another 47.5m Hydrogen Isotopes floating in space. 
If you would like to discuss a supply contract for your Minmatar Control Tower, please convo me in game.
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Dark Shikari
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Posted - 2006.06.30 00:42:00 -
[18]
Originally by: Kitty O'Shay
Then our corp found another 47.5m Hydrogen Isotopes floating in space.
--Proud member of the [23]--
-WTB Platinum Technite, WTS Nanotransistors, Heavy Electron II, 100mn AB II- |
Kitty O'Shay
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Posted - 2006.06.30 00:49:00 -
[19]
Originally by: Dark Shikari
Originally by: Kitty O'Shay
Then our corp found another 47.5m Hydrogen Isotopes floating in space.
That's all I can say for the moment, sorry.
/me hopes H-topes go up to around 400+ p/u! 
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Kalavoz
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Posted - 2006.06.30 01:32:00 -
[20]
As for us, we bought a load of isotopes below 250, in the hope that the price would rise, and we'd also have ice 'topes for a few weeks.
As for the icefields, personally imho it would be nice if the ice fields in 1.0 and 0.9 systems vanished, while keeping ice fields below that available.
That way, we could still mine cheap ice in high sec, while armor repping the rats as they kill any macro'ers.
Our biggest worry though is that macro'ers will simply go from icefield to icefield, causing CCP to remove them one by one, until there is simply no available ice at all in Empire.
If that happens, prices will rise for everyone.
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Salazar N'terre
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Posted - 2006.06.30 02:56:00 -
[21]
I guess this is CCP's idea of tope futures |
FireFoxx80
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Posted - 2006.06.30 08:42:00 -
[22]
Why are people buying isotopes themselves, and not the raw ice? Is it just the lack of 100% efficient refiners?
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Sa Sa
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Posted - 2006.06.30 08:49:00 -
[23]
Edited by: Sa Sa on 30/06/2006 08:49:02
Isotope prices won't be effected.
Yes, initially at first people will hoard them and stockpile them - forcing a period of higher prices, but when they realize that (and this is the point the vast majority of people have somehow missed) ICE is only being removed from 1.0 & 0.9 systems and NOT 0.8, 0.7, 0.6. or 0.5.... prices will go back to normal.
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Wolfgang Jager
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Posted - 2006.06.30 13:47:00 -
[24]
Sorry, but it is you who are missing the point. CCP has decided to start removing ice from high sec to defeat/deterr macro miners. Once it is gone from 1.0 and 0.9...they will move down to 0.8 and 0.7s - I've seen plenty of macro'ers there already..and since that's who CCP is after..eventually the ice in 0.8 and 0.7 will go too...and then the ice in 0.6 and 0.5.
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Endriago Noon
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Posted - 2006.06.30 15:38:00 -
[25]
Edited by: Endriago Noon on 30/06/2006 15:38:41
Originally by: Wolfgang Jager
Sorry, but it is you who are missing the point. CCP has decided to start removing ice from high sec to defeat/deterr macro miners. Once it is gone from 1.0 and 0.9...they will move down to 0.8 and 0.7s - I've seen plenty of macro'ers there already..and since that's who CCP is after..eventually the ice in 0.8 and 0.7 will go too...and then the ice in 0.6 and 0.5.
I hope the Hell they don't go that far out..I mine ice cubes in 0.6 to get away from the Macros and misinformed Noobs on killing sprees..If they push the macros out there and then crap out the ice there,too,I'm screwed as a legit miner..
Noon.
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Altaree
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Posted - 2006.06.30 17:25:00 -
[26]
ONE NOTE! HIGH TRAFFIC SYSTEMS ONLY!!
This is like watching the stock market where a BS in psychology is more important than an MBA.
StopThePop |
FrontC
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Posted - 2006.06.30 17:49:00 -
[27]
Originally by: Altaree
ONE NOTE! HIGH TRAFFIC SYSTEMS ONLY!!
This is like watching the stock market where a BS in psychology is more important than an MBA.
Originally by: kieron
Heck, at this point, I don't even know how far the ice removal is going to go, that is still being discussed by the game design team.
You're right, high traffic systems only ... for now. |
Suncats Shadow
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Posted - 2006.06.30 18:17:00 -
[28]
Mines ice in a 0.5 system with a Mackinaw, lvl 4 exshumer, 2 ice harvester II's, ice harvesting lvl 5 and max refine with perfect standing for 100% yeild with no lose.
40+ ice in an hour, so is not worried about the rush on ice and ice products.
Since by the time CCP gets down to 0.5 type systems I will have enough ice products to last me years
But I would like to thank all those buying up the product and causing the prices to rise
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Ruffio Sepico
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Posted - 2006.06.30 23:41:00 -
[29]
Originally by: Sa Sa
Edited by: Sa Sa on 30/06/2006 08:49:02
Isotope prices won't be effected.
Yes, initially at first people will hoard them and stockpile them - forcing a period of higher prices, but when they realize that (and this is the point the vast majority of people have somehow missed) ICE is only being removed from 1.0 & 0.9 systems and NOT 0.8, 0.7, 0.6. or 0.5.... prices will go back to normal.
Originally by: kieron
There were five systems affected by the depletion, Sobaseki, Scolluzer, Inoue, Kakakela and Tash-Murkon Prime. For those that cannot grasp the use of the word 'resources' with the context of the news item and dev posts, only Ice Fields were removed. No roid belts, deadspace complexes, market items, etc. were affected.
Future depletions are under discussion and most likely not going to happen for a number of weeks.
Why Jita is not included among those, is weird. And your theory is flawed, as Scolluzer is 0.8 is one of the places that will be depleted.
Home: http://www.hidden-agenda.co.uk
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Pluppo
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Posted - 2006.06.30 23:48:00 -
[30]
Prices will rise, just because a lot of people are buying up all available isotopes in empire. Once there are none left, the people who bought the stuff should make a nice profit selling it, regardless of ice fields dissapearing or not.
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FrontC
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Posted - 2006.07.01 18:25:00 -
[31]
Originally by: Pluppo
Prices will rise, just because a lot of people are buying up all available isotopes in empire. Once there are none left, the people who bought the stuff should make a nice profit selling it, regardless of ice fields dissapearing or not.
Seems to be happening already - we've seen about a 33% rise in price in the Forge region since the announcement, and it's still rising. |
Feronia
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Posted - 2006.07.01 23:35:00 -
[32]
Its probably gonna be another case of "buy on the rumour, sell on the fact".
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The Padre
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Posted - 2006.07.02 11:34:00 -
[33]
Would be nice to see the price of POS towers be dropped again. Everytime i think about putting one up something gets in the way i.e. cost.
_________
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Seirkanis
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Posted - 2006.07.03 03:26:00 -
[34]
Originally by: FrontC
Originally by: Femme X
/me feels like such an idiot, so how do I make use of this opportunity? :)
Well if you find topes for a good price, pick them up. Hold for a bit and then put back out on market for a higher rate. It used to be that topes went for 500-600, not sure they'll get that high again, but certainly should be better than 200!
That's actually the big problem. Look at it this way:
People need ice to run POSes.
People need POSes to make most tech II stuff.
People keep wanting Tech II stuff to PvP.
This means there's a demand for tech II stuff, a demand for POSes, and therefore a demand for POS materials. So in short, I think that it's a transient market variation with people trying to paradoxically offload stuff.
That said, mining ice outside of Empire is more difficult. Try getting a barge through gatecamps. Yeesh.
Me, I think I'll hand on to the isotopes and such I have.
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Krumpit
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Posted - 2006.07.04 04:40:00 -
[35]
Originally by: Feronia
Its probably gonna be another case of "buy on the rumour, sell on the fact".
That's the perfect quote. Speculators will have to hit a nice equilibrium between volume and markup, otherwise they will be left with stock liabilities.
Demand remains unaffected so the gamble is that supply will reduce.
In my opinion, it won't. I hunt macros, they won't care about those 5 systems. But they might care about 20 or 30 Empire systems suddenly devoid of ice belts.
So it's an interesting gamble - will CCP next delete another 5 known macro hangouts like Lustrevik, Jita, Stetille, Kehour, and Gisleres in the next week or two? Or will nothing happen for months?
If CCP knock out the 20-ish empire ice systems I regularly visit on my macro-hunting/trading routes over the course of the next 2 months, those isotope investments will pay off handsomely. But if CCP don't delete another 5 ice belts, and soon, the farmers will take up the slack, and isotope investers could end up worse off.
Of course, the uncertainty itself is good for a quick buck!
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Facetious One
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Posted - 2006.07.04 11:12:00 -
[36]
SHWEEEET!!!!! Less time response from Concord on my macro mining suicide runs...
muhahahahhaahahahahahahhaha
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Dark Shikari
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Posted - 2006.07.04 11:59:00 -
[37]
Originally by: Feronia
Its probably gonna be another case of "buy on the rumour, sell on the fact".
I love this quote.
--Proud member of the [23]--
-WTB Platinum Technite, WTS Nanotransistors, Heavy Electron II, 100mn AB II- |
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