Frezik
Dirty Deeds Done Dirt Cheap
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Posted - 2006.11.02 17:43:00 -
[1]
 Originally by: Cez
it has nothing to do with supply and demand in the game... its about balance of the economics with what is being done out of game.
The thing that balances supply and demand is . . . supply and demand.
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as in the adding of more production and bigger player base coming.
A bigger player base means more players to mine as well as more players to produce. If there are too many miners, prices will drop and some of those miners will go try something else, thus bringing the price up. If there aren't enough miners, prices will rise, and more people will want to get into mining, thus increasing supply and dropping the price.
There will be a point where there are so many players mining that the belts can't regenerate fast enough. In a totally free economy, this would show up on a graph by a huge spike in many different minerals. Now, the mineral market isn't completely free, because CCP implements price floors and ceilings through NPC buy and sell orders. Thus, at a certain price, either supply or demand is effectively infinite. Under such conditions, a shortage of roids would be noted by a price spike followed by prices sitting at the NPC price ceiling.
Looking at the year-long graphs in the Heimatar region, I see normal cyclical changes in the price of various minerals, with no indication of a roid shortage. This data will have to correlated with other regions (which Oveur seems to have already done), but it indicates that there are still areas of useful mining in empire.
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Explain why people now head to 0.0 to mine common ores?
I don't know of anybody actually doing this, but if they are, they're shortsighted, to put it nicely. Besides what an analysis of market prices brings out, I myself have found a fair bit of empty areas of empire to mine. Eve is definitely more crowded than when I started 2 years ago, but they do exist.
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Explain why mining rare ores is not proitable at the moment.
I'll assume you mean 'profitable'. Profit is revenue minus cost. The material costs are constant--the mining barge you bought 2 years ago can theoretically still be in use today. Other than that, mining is just about how much time you put into it.
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