You know, if by any far fetched change you, the OP are not a troll, you are better off doing level 4 missions in high sec and salvage & loot the wrecks.

It nets you more money in less time, which gives you isk to buy minerals . It gives you way more valuable minerals once you process the loot. And to top it off, you get more in less time while, being less vulnerable to being ganked by some loony tune who got bored.



TL;DR: Level 4 mission = minerals/ lowsec/ 0.0 minerals, isk, more safety, speed, LP, Standing.

You should be stupid if you mine.

So say an Orca costs 10 tritanium to build, and 10 tritanium sells for 10 isk, but you sell your orca for 9 isk, do you consider that a good use of time?

Maybe my example is too complicated to understand, oh well... at least I tried.

So say an Orca costs 10 tritanium to build, and 10 tritanium sells for 10 isk, but you sell your orca for 9 isk, do you consider that a good use of time?

Maybe my example is too complicated to understand, oh well... at least I tried.

No. Its bad enough that the industry community has to deal with idiots like you.

Here's some friendly advice, just sell the ores/minerals that you mine, you'll make more money, and save some time.

Leave the real industrial stuff to the clever people (read as: people who can do basic arithmetic)

kthxbai

I also noticed a few people with an example more like this:
The ore to build a battleship takes, lets say, 100,000 isk. To actually build it costs 120,000 total. Going price for the battleship is 200,000 but the OP decides to sell for 150, making a net profit of 30,000. According to some posters, the OP lost 50,000. The only problem with that statement is that it assumes that 50,000 existed. Because if the OP can undercut you, then the OP got that customer and you didn't. The customer made isk and you didn't. And any profit is better than 0.

In the following post I use 'you' in the general sense, not directed solely at the quoted poster.

Example: Orca cost 10 tritanium to build. You sell the OP 10 tritanium for 10 isk. You suddenly decide you need an Orca and buy it from the OP for 9 isk. Now the OP has 9 isk and you have 1 isk. Who wins?

GǪbut the problem is that this isn't what the OP is doing GÇö if he did, there might be some sense in it, if he can make up for the lost margin by volume of sales and the fact that his lower price will ensure he gets every sale.

What the OP is doing is selling that battleship for 80,000 ISK. By undercutting the material value of the ship he did indeed lose 20,000 ISK (because the rocks used are not actually free for him) GÇö it's the customer who gets 20k ISK worth of minerals for free, not the OP. At that point, the OP might as well not bother with the market and just self-destruct the ships for insurance instead.

Well and what if, i loot missions, reprocess all modules except arbalest heavy missile launchers and built an hyperion and give it for free to someone who just want to try it ?

I effectively lost some ISK, which are just some currency but i feel good about such deed and therefore i am the one who made "profit" on entirely different yet still imaginary level.

Well and what if, i loot missions, reprocess all modules except arbalest heavy missile launchers and built an hyperion and give it for free to someone who just want to try it ?

I effectively lost some ISK, which are just some currency but i feel good about such deed and therefore i am the one who made "profit" on entirely different yet still imaginary level.

In a sandbox game, you do what is fun. In essence your character cannot do those activities which you do not enjoy.

Stuff

Or do you just really enjoy baking?

Everyone who claims other people are wasting opportunity costs, but aren't trllionaire traders are pretty much asshats TBH. Whatever they are doing makes less money than that.

Why are people 'asshats' for pointing out facts?

Also, there is a big difference betwen calculating the oppotunity cost of everything you could conceivably do in EVE, and realising that you can sell minerals on the market.

Its a pretty simple concept actually, if you chastise someone for doing something you are doing you are an asshat.

why would i do this for someone i know IRL in a game that he hardly ever plays and make nothing off it? OMG!! I MUST BE CRAZY! I DID SOMETHING AND DID IT FOR FREE?!!! OMG, NO ISK FOR THE ISK GOD!!!!???!!!WEZALLLZGONNADIEEEZZZ!!1!

Yes, nobody is saying you can't or shouldn't do it. Less caps, more reading next time, k?

How does opportunity cost factor into running a hulk while watching season two of Heroes on Netflix?

If time is money then I'd say you are doing pretty well in that respect as a miner considering how little time you are actually putting in for your iskies.

Mr Epeen

in regards to reading, i was reading that some replies where talking about ISK maximization and opportunity cost. some people just like to build stuff

I've spent the entire thread talking about opportunity cost, but I don't care if you mine minerals and then proceed to blow them up if you want to, as long as you don't try to convince me that you didn't lose anything because they were free.

Dunno why your fellow industrialists are complaining. If I was in their situation, I'd buy your cheap ships and put them back on the market at the current value.