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Zugor Ikatin
Synergy.
Imperial Republic Of the North
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Posted - 2007.01.02 03:04:00 -
[1]
What is with the drop in Zydrine price? The average price in Lonetrek for last year was an average of 3500-4000 per unit, but the price steadily declined about two weeks into December, with a huge drop around Christmas with it sitting just under 3000.
Is it due to some change made in Revelations?
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"We that are strong ought to bear the infirmities of the weak but not to please ourselves." - Romans 15:1 |
Dr Slurm
General Commodities
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Posted - 2007.01.02 03:18:00 -
[2]
well if you really want to find out why you can help contribute to the project in my sig. I'm collecting the last years worth of market history for every mineral in every empire region. This should give a pretty good idea what is going with the market and where.
I suspect people were stock piling mega and zyd before the release of revelations and dumped it all when it came time. Don't worry the market will recover. The best thing you can do is take advantage of the cheap prices and stock up yourself.
Check out the Market History OCR Project here |
Hehulk
Slacker Industries
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Posted - 2007.01.02 12:45:00 -
[3]
I'd be more inclined to blaim the supply of gneiss that was introduced into low-sec with exploration.
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It's great being minmatar, ain't it |
Sean Dillon
Caldari
FM Corp
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Posted - 2007.01.02 13:06:00 -
[4]
You can blame the drones in the in the new npc regions partly. They bring in alot of minerals if all there loot is collected and refined and brought to empire by corps living there.
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BurnHard
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Posted - 2007.01.02 13:13:00 -
[5]
If you look at the 6 month trend for Zydrine, you'll see the curve start dropping around mid october (at least I think it's around there, trying to remember from work) and then accelerate rapidly downwards. Looking at things, I would interpret this as accelerating supply, probably from more and more people in the new regions. Previously I would have said a crash like this was caused by stockpile/dumping behaviour, but the curve just looks like your typical "word of mouth - lets go do this" flood. To see how this might work, it's quite simple (and very simplistic):
1 Person add 1 Zydrine per day and tell 1 other person to come on over
2 People add 2 Zydrine per day and tell 2 other people to come on over
4 people add 4 Zydrine per day and tell 4 other people to come on over
If you draw a curve of Zydrine-Per-Day against price of Zydrine, you'll find it's a nice curve, similar to what we see in the market tracker if Zydrine supply is increasing because more of it is being farmed over time. The question is, where will it floor?
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Resetgun
Caldari
Oimikado
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Posted - 2007.01.02 13:56:00 -
[6]
Edited by: Resetgun on 02/01/2007 14:01:57
Edited by: Resetgun on 02/01/2007 14:00:57
 Originally by: Zugor Ikatin
What is with the drop in Zydrine price? The average price in Lonetrek for last year was an average of 3500-4000 per unit, but the price steadily declined about two weeks into December, with a huge drop around Christmas with it sitting just under 3000.
Is it due to some change made in Revelations?
Hidden asteroid belts that contain zydrine asteroids in the empire space.
3rd hand information: New regions drone drops - chain spawning battleship class drones. They are using carriers (jump drivers) to deliver them to empire space.
What I don't understand is tritanium and other low end mineral prices. Why they have raised so high?
- macro miners are banned? (in my dreams....)
- macro miners changed their earning method to macro ratters?
- marco miners started to mine hidden asteroids?
- CCP changed code so much that macro miners need to rework their code?
- Taiwan quake did cut Asian macro miners out?
- New China server forced chinese players out?
- Those "drone drop" carriers are carrying back compressed low end minerals to new regions? (they are too lazy to mine it themself)
- new high demand ships require lot's of low end minerals?
- Alliance players have become so lazy that they don't want to mine anymore?
"As long as there are greedy people and the devs do nothing, it will work."
- Dentara Rast, billionaire |
De'Hestus
Minmatar
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Posted - 2007.01.02 19:50:00 -
[7]
The answer to low end materials is really not all that complicated. If you look at demand for both ships and minerals, they both pretty much have increased proportionately since the middle of november. What happened in the middle of November? That was the time that CCP really stepped up their 14 day free trial campaign.
A large influx of new players means an equally large influx of new low and middle level ships onto the market. The manufacture of those ships is requiring a huge amount of low end minerals. This combined with the number of people who just won't mine tritanium because it isn't worth their time is leading to a market dominated by buy orders.
When buy orders start to outpace sell orders, and the quantity of ore available through sell orders in no longer able to sustain demand, price is going to go up quickly. Consequently, the reverse is true; when the market is glutted with sell orders of large quantities of available minerals, the buyer can easily purchase from the lowest bidder which drives the price back down.
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Lilan Kahn
Amarr
ISS Navy Task Force
Interstellar Starbase Syndicate
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Posted - 2007.01.02 19:55:00 -
[8]
Price spike on low ends can be blamed on more macrosers geting banned that what floods inn and the seeding of tire 3 battelships useing up silly amounts of trit and pye.
Originally by: Eris Discordia
We break after X amount of threads, then we go wild and then we get our medication.
http://www.sloganizer.net/en/image,Lilan-spc-Kahn,white,black.png |
Ky Vatta
Caldari
Empire Mining and Industrial Taskforce
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Posted - 2007.01.02 21:20:00 -
[9]
 IMHO, it seems fewer and fewer new players want to mine in Empire: They all want to go to 0.0 to mine...
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Ms Rousseau
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Posted - 2007.01.02 21:28:00 -
[10]
obviously changing prices are due to the amounts of incoming minerals. There's less Trit and more Zyd coming into the market. Why more Zyd? I've heard of stockpile liquidation and the new regions. In fact, it's probably both. I believe the new regions started a trend where Zyd prices dropped-- As a result, those with an interest in Zyd (and also have large stocks of zyd-- either for building or hoarding, waiting for the right time to sell)and had a vigilant eye on the market forsaw that the price drop was permanent because of the 8 new regions and thus unloaded their stock into the market to minimize losses.
As for Trit's spike, i can only imagine that CCP banned a bunch of zombie-macros. CCP seems to do things in manageable chunks and this time around the chunk that happened to be managed were confirmed macro accounts. [threadjack][sidebar][rant]as for macroers, i think CCP gets too much heat, you can only do so much. I have a theory that GMs collect macro petitions and keep track of the characters petitioned and whenever ban-time comes around the characters with enough petitions get the banstick in their nether-regions.[/threadjack][/sidebar][/rant]. Or perhaps less people are mining trit because they're out in the new regions or who knows, anyones guess is as good as mine.
another
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BurnHard
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Posted - 2007.01.03 14:03:00 -
[11]
Originally by: Ky Vatta
IMHO, it seems fewer and fewer new players want to mine in Empire: They all want to go to 0.0 to mine...
Yes, it's just more Sexeh to do that. I mean the constant trolling on the forums: get out of jita (like anybody actually mines there!), mining is for n00bs, etc. If you want a low maintenance earner, empire mining is ftw. Especially if you don't have to keep an eye on local all the time (shessh). As soon as you got 0.4 or below, sure the ores are "better", but the cognitive burden is increased. You can't AFK between cycles :(.
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Mar Idoun
Aurora Empire
Fuzzy Nut Attack Squirrels
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Posted - 2007.01.03 19:50:00 -
[12]
regardless of how this happened, i would be willing to risk a lot of my ISK that the market will correct itself soon and prices will bounce back slightly. They'll stabilize at a higher price compared to now because whatever made prices drop this much is bound to be artificial or some kind of hysterical rush to preserve profit once any indication of a significant price drop made itself clear. Even with the new regions, once they are developed, i.e. alliances move in and deploy outposts and the Asteroids are fixed so they regenerate and have enough units in them, then I would expect the volume of high-end mins from the new regions to lower significantly, but never stop.
few things in the market are immune to new content, especially raw materials. Something like this should be expected everytime an expansion is deployed.
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Lilan Kahn
Amarr
ISS Navy Task Force
Interstellar Starbase Syndicate
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Posted - 2007.01.03 20:17:00 -
[13]
Originally by: Mar Idoun
regardless of how this happened, i would be willing to risk a lot of my ISK that the market will correct itself soon and prices will bounce back slightly. They'll stabilize at a higher price compared to now because whatever made prices drop this much is bound to be artificial or some kind of hysterical rush to preserve profit once any indication of a significant price drop made itself clear. Even with the new regions, once they are developed, i.e. alliances move in and deploy outposts and the Asteroids are fixed so they regenerate and have enough units in them, then I would expect the volume of high-end mins from the new regions to lower significantly, but never stop.
few things in the market are immune to new content, especially raw materials. Something like this should be expected everytime an expansion is deployed.
*recalls mega hitting 25k per unite and zyd at 15k per unite when bs spawns where introduced granted they where so totaly hard that they make present spawns look like pansys*
Originally by: Eris Discordia
We break after X amount of threads, then we go wild and then we get our medication.
http://www.sloganizer.net/en/image,Lilan-spc-Kahn,white,black.png |
Lubomir Penev
Gallente
Dark Nexxus
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Posted - 2007.01.15 16:54:00 -
[14]
Originally by: Resetgun
What I don't understand is tritanium and other low end mineral prices. Why they have raised so high?
- macro miners are banned? (in my dreams....)
- macro miners changed their earning method to macro ratters?
ISK farmers new thing seems to be courrier missions, I've seen at least one character that used to be the hauler for a barge team running them now, for example a big team running them out of Loes working for many L4Q20 Roden agents bunched up in one station. My guess is that it's the source of those implant packs you start to see on eBay.
On a positive side, this is lowsec and they get popped a lot, but they run missions 23/7 and the reward for one is enough to replace their T1 fitted haulers. If courrier mission items had market value it may be profitable to pop them, but as a "Gang of miners" won't get you any ISK popping them right now is not a profitable venture. CCP please make mission items worthwhile to loot...
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