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Terianna Eri Amarr STK Scientific Rule of Three	Posted - 2007.04.23 01:24:00 - [1] Apologies if this thread has been done to death. What do you all hold to be the general value of isk, in terms of our currency on Earth? How much is one isk worth in dollars, pounds, or what have you? A couple reference points: An Executioner Frigate has a base cost of 30,000 isk. Now, this is the lowest class of frigate available to the amarrans (I think it's lowest teir), and we have a vessel with: 2/2/2 slot layout, 135 m3 of cargo, reasonable base speed, automated recharging shield systems(!) and a ship that is equipped with a warp drive capable of reaching speeds of 6 AU/second. This is the kind of speed that would make exploring our solar system, of course, a triviality. This is, well, the kind of speed that would be worth millions upon millions upon millions of US dollars, and this system alone would likely be worth well over 30,000 dollars EVEN IF it were as commonly found as it is in EVE. I think that under today's levels of technology, even this most basic ship, without any weapons or modules, would be valued at well over a billion dollars, meaning that one isk is an insignificant figure. Of course, that's a rather useless comparsion. So in this case we have to ask ourself, "what is the equivalent of an executioner in modern days?" To which I would answer... Well, it's a fast, lightly armed, lightly armored combat vehicle. I would probably compare it to either a military hummvee or a low-teir fighter jet, either of which are valued at, what, $300,000 US dollars? This suggests that one isk is, rougly, one tenth of a dollar, or 10 cents. The cost of a fully t2/faction/officer fitted carrier is about 3-4billion isk; the cost of a US carrier, including fighter wing, is about $5 billion. ([url=http://www.issues.org/15.3/p_krepinevich.htm]source[/url] BEAR IN MIND THOUGH that the US carrier has relatively little in the way of "fittings" as we know it and certianly isn't using super high tech top of the line omg wtf pwn uber equipment - as none of it exists in this world. If such equipment did exist I would expect the price to increase substantially. Let's take a look at some trade goods though which are slightly easier to pin down in terms of value. [url=http://www.eve-online.com/itemdatabase/EN/tradegoods/consumerproducts/9846.asp]PLANETARY VEHICLES[/url] "Tracked, wheeled and hover vehicles used within planetary atmosphere for personal and business use." And with a volume of only 2m3, packaged, this sounds a lot like one unit of this is akin to one planetary vehicle. Tracked, wheeled, and hover... sounds a lot like this is "one car." What's the cost? 3,750.00 ISK What's the cost of a standard automobile? Varying between 18k and 50k dollars... but... I wouldn't be surprised if I paid: $37,500.00 US for a new car. So the "ten isk = one dollar" seems to be a reasonable comparison so far. Let's look at other trade goods: Quafe. It is 50 isk ppu, 0.1 m3. 500 isk for a cubic meter of soda $50 for a cubic meter? That's about... 8 12-packs for 50 dollars, and that's much less than a cubic meter - it's way less than a tenth of that. If we take the 50isk/ppu though to be 50 isk per can? That's $5 for a can of soda. Meh, that sucks. But in an inflation fueled future not impossible. That about wraps this up. Discuss: ISK/your currency value ratio How much various objects not present in eve would be worth in isk How much a given object in EVE would be worth in the present day, in RL money The impact of introducing EVE stuff to today's Earth (assuming our ships are atmosphere-capable...) And before I finish... about that last point... Citadel torpedoes are 0.3 cubic meters in volume (So probably about a meter or so long and a little more than half a meter in diameter, I think) and do a paltry 1800 damage. They are also EVE's largest conventional weapon. What would the RL equivalent of these weapons be, if any? __________________________________ <-- Behold, the eve-o forums
Kal Ferrin Caldari Quicksilver Industries	Posted - 2007.04.23 02:16:00 - [2] Well, what im wondering is what is the amount less than one ISK called. Like if you had .50 ISK would that be cents? I wouldnt think so. And of course its probably not important since you normally dont trade in amounts less than an ISK. But as for conversions my understanding is that it would probably change from sytem to system how much one is worth. Since ISK stands for interstellar kredits, I doubt they use them on planets. So lets say planet A has a lousy economy then your ISK might be worth ten times more, whereas planet B has an extremely strong economy it would be worth maybe 2 times as much.
SChimera Caldari Ratio Decidendi Freelancer Alliance	Posted - 2007.04.23 06:30:00 - [3] From a eve-isk selling site: ISK 110 Million - $ 19.86 ISK 1,150 Million -$ 191.63 from another site: 100 MIllion ISK - $24.99 1,000 Million ISK - $199.98 There value s from "farm sites". But i agre with the above post, it's got to the do with how strong/weak the comparable economy is. ----- For the state!
Zalathar Minmatar Biometaloid INC	Posted - 2007.04.23 07:04:00 - [4] One must bear in mind that the Capsuleers are the richest of the rich in the universe. ~~~~~~ sig currently being remastered (it was too large) ~~~~~~
Nomakai Delateriel Amarr A Better Future	Posted - 2007.04.23 14:34:00 - [5] Originally by: Zalathar One must bear in mind that the Capsuleers are the richest of the rich in the universe. Well, barring the corperate elite that is. Given that the Tash-Murkons donated one trillion ISK to the Amarr empire, and still had plenty more where that came from and you'll notice how insignificant the individual wealth of a Capsuleer pilot is. A class of wealthy individuals, but not THE wealthiest. ______________________________________________ -You can never earn my respect, only lose it. It's given freely, and only grudgingly retracted when necessary.
Geddiz Foundation of Extropian Independents	Posted - 2007.04.23 17:04:00 - [6] Edited by: Geddiz on 23/04/2007 17:00:53 Given that gallentean planetary vehicles are like, 10,000ISK each, and they're supposed to be this workd's equivalent to something like a Ferarri, I think it's pretty similar to 1 ISK = ú10, but I dunno.
Mhaerdirne Solveig	Posted - 2007.04.23 17:47:00 - [7] Edited by: Mhaerdirne Solveig on 23/04/2007 17:44:35 so in other words, there is some guy who is paying me the equivalent of a used car-lot worth of planetary vehicles to move a "present" for his "daughter's birthday" (often three or more times a day!) I always knew there was something up with that. There is obviously dope in the teddybears. Cunning! There must also be dope contained in the cows, and the 0.5 m3 worth of frozen food. That is the only explanation. Excellent.
Arbelia Amarsa	Posted - 2007.04.23 18:54:00 - [8] For my purposes when I write roleplay stories 1 ISK = $1000. Lets just say that dollars represent the currency of blankedy blank planet nation in new eden, so that we can put into perspective the value of a ISK. If a modern aircraft carrier in our world costs 5 billion dollars or 5 million ISK. I think it would be safe to say that a Drake Battlecruiser built for space operations in contrast would be about 33 billion dollars (note a Drake is 33million ISK avg) So lets say the average person in new eden makes about 55,000 dollars (or whatever currency) and $1000=1 ISK then that would help to put in perspective just how RICH pod pilots and space operators are compared to planet side nations and people. One Bantam Frigate costs 33,000 ISK or in planetary currency about $33,000,000 . Is it within the reach of the average joe? No Just an easy way to look at how valuable ISK are compared to earth or planet side currencies.
Shintoko Akahoshi Omerta Syndicate Exuro Mortis	Posted - 2007.04.23 21:31:00 - [9] The problem is, though, that you can't really compare the basis of our economy with the Eve economy. In our economy, when you buy a car (or a ship or anything like that), you're buying the fruits of someone's labor. That labor might be involved in assembling the car, or fabricating parts for it, or simply setting up and maintaining a production line for it. Just the same, there is a huge outlay of time and money involved in setting up production of that car. In Eve, near as I can make sense of it, industry is based on nanoscale assemblers - you have a generic "factory" into which you put a blueprint and raw ores, and out pops a finished good in a very small amount of time. You could say that this is only the way the game works, but if we're going off of the cues that the game provides for us, you can't figure it any other way. What that means, then, is that the only costs of manufacturing are the costs of the raw ores, the blueprint, and the rent paid on the factory. That's a far cry from the way things are made in present day earth. I'd personally say that the cost of foods would most correspond between the two economies. PF indicates that food is still grown, and not synthesized, after all. Omerta Syndicate Biotechnical Research
Moizo	Posted - 2007.04.24 03:56:00 - [10] I think you Cannot compare a gallente ground vehicle thing with a top-of-the-line car like a car, maybe try looking at it like its a neat bycicle with lights that "automaticly" go on when its dark, look at the executioner like a crappy 3rd world jeep (those rusty buckets that surprisingly dont break down). ofcourse saying something like an executioner comes with a warp drive capable of reaching 6au a sec, doesnt really make sence, it Is after all sci fi, according to that introduction millions of years have passed...Inflation? a buck isnt worth anything in the Eve days. thats like 0.01 Yen or something. if an executioner is valued equal to a humvee, whats a punisher? apocalypse? would a t2 executioner or something be equal to a tuned humvee? with huge rims, tuned engine, stuff like that? its after all a hard thing to compare, my vision would be simple and maybe completely dumb to some of you, but here it is, 1.00 isk is 1.00 $, capsuleers are a upper class, but a can of quafe is a can of quafe, it isnt litteraly 0.1m3 and maybe its just like coca cola, it costs more then regular non-brand coca cola.
Dr Aryandi Hematite Rose Bionic Dawn	Posted - 2007.04.24 15:31:00 - [11] Originally by: Terianna Eri An Executioner Frigate has a base cost of 30,000 isk. I would probably compare it to either a military hummvee or a low-teir fighter jet, either of which are valued at, what, $300,000 US dollars? This suggests that one isk is, rougly, one tenth of a dollar, or 10 cents. 300,000$ / 30,000isk = 10$/Isk, not 0.1$/Isk Other than that it sounds reasonable though. Blueprint Research Service Available See thread for details.
Sheriff Jones Amarr Space Perverts and Forum Warriors United Cult of War	Posted - 2007.04.26 16:04:00 - [12] I'd compare some common goods, like wheat, water(those office bottles) and other stuff like that. The ships and such might have a distorted view because they are more common. Water and wheat are stuff that anyone can buy these days on earth.
Marine HK4861 Caldari Seoltachd	Posted - 2007.04.26 17:34:00 - [13] Originally by: Sheriff Jones Water and wheat are stuff that anyone can buy these days on earth. Unless the planet in question doesn't have any water or is capable of growing wheat. Think of Earth, with its 70+% surface covered by water. Now compare to Arakkis from the Dune universe with no water content or a space station with only recycled water. Water would be much more valuable in the latter two locations, thus prices would be different. Another point that's been brought up is the cost of living on planets. Planetary economies and the space economy that we pod pilots inhabit have very little to do with each other, so any comparison to modern day economies would be tricky. Finally on Capital Torpedos. They do 1800 damage (which is an arbitary scale - how many pascals is 1 damage equal to?), but to an area bigger than almost any conventional non-nuclear weapon - 1000m3 radius, or 3.1 km2. They're also 0.3 cubic metres packaged but weigh 1.5 metric tonnes. The only comparable damage would be a 1 megaton hydrogen bomb and that would be dependent on what torpedo you used. An EM torpedo would be relatively little damage to structures while a kinetic one would do little secondary damage. Most explosive missiles in EVE are nuclear in nature, thus the damage would be comparable to a modern day nuclear weapon.
Marine HK4861 Caldari Seoltachd	Posted - 2007.04.26 17:40:00 - [14] You may want to look up this thread for further details.
Jarah Tatarin Minmatar Native Freshfood	Posted - 2007.04.27 17:01:00 - [15] Well.. I would say that one ISK is 1 Swedish Kronor. I compared with the base price of Tobacco, in EVE it costs 48 ISK, one package of Marlboro cost 45 Kronor. I choose Marlboro becouse the EVE tobacco looks like Marlboro :) Im not a rasist, I got a color Teve!
Marine HK4861 Caldari Seoltachd	Posted - 2007.04.28 06:58:00 - [16] Originally by: Jarah Tatarin Well.. I would say that one ISK is 1 Swedish Kronor. I compared with the base price of Tobacco, in EVE it costs 48 ISK, one package of Marlboro cost 45 Kronor. Except that 1 unit of Tobacco in EVE weighs 2500kg and takes up 0.2 m3. That's an awful lot of Marlboro packs.
Ixianus	Posted - 2007.04.28 07:14:00 - [17] I worked out some time ago, that in terms of function and material gained, 1 isk would have the purchasing power of about 1000 US dollars in the current market. Remembering that Isk arnt the funds that the vast majority of people deal with, as planets have their own currency systems. Most budgeting in the Eve universe, for a normal person's food and the like, would probably be some fraction of an isk per week.
Jarah Tatarin Minmatar Native Freshfood	Posted - 2007.04.28 16:13:00 - [18] Originally by: Marine HK4861 Originally by: Jarah Tatarin Well.. I would say that one ISK is 1 Swedish Kronor. I compared with the base price of Tobacco, in EVE it costs 48 ISK, one package of Marlboro cost 45 Kronor. Except that 1 unit of Tobacco in EVE weighs 2500kg and takes up 0.2 m3. That's an awful lot of Marlboro packs. Ah.. Details, details.. :P Im not a rasist, I got a color Teve!
Atvamchutna	Posted - 2007.05.02 12:54:00 - [19] Hmmph... the 1000 dollars to 1 ISK ratio doesn't work. Take Quaffe: It is 50 ISK per 0.1 m3. That is, 50 ISK per 100 liters. With that ratio, that would mean 50 000 dollars for 100 liters of soda, meaning 500 dollars per liter. That's some 150ish dollars for a can. Now, we know that even though water is not as common in space and on most planets as it is on Earth, this figure is just absurd. Then again, maybe most people on planets are on an water recyclation, effectively drinking their own urine, and only the wealthiest can afford to buy soda?
Korii Domeni	Posted - 2007.05.04 02:40:00 - [20] Well, ISK is a real life unit...It's the Iceland Krona.. 1 Iceland krona = 0.015594 U.S. dollars 1 Iceland krona = 0.0078220305 British pounds -----------------------------
Lord Shrewsberry Caldari Caldari Independent Navy Reserve Aegis Militia	Posted - 2007.05.14 02:37:00 - [21] somewhere in the PF, it states that the amount of ISK you can make a day ratting the belts is more money that a normal person can make in his/her lifetime on a planet. That might give a hint on how much ISK is worth per dollar or pound __________________________________________ Serve the State, Serve Yourself, Join CAIN. Please resize image to a maximum of 400 x 120, not exceeding 24000 bytes, ty - Cortes But
Jack Forge Gallente Prox XII Interstellar Alcohol Conglomerate	Posted - 2007.05.14 15:45:00 - [22] space, it's where the money is __________________________________________________ Stupid is as stupid does...
Rolin Jinkar	Posted - 2007.05.14 23:23:00 - [23] Well ... this raises the question: What is the worth of an Euro ... or a Dollar ? Their worth is only a relative measurement inside their economy. To really compare let's say euro and isk we got to measure the only thing that both economies need. Energy. Every other piece on the market is made from what ? Tritanium and other sci-fi materials. The only energyproducing installation is a control tower. If we take a Caldari Tower: it uses 450 units nitrogen isotopes and 4 units enriched uranium. This means an average of about 245000isk per hour. Everything else is for maintenance. The energy production of a caldari control tower is 2.750.000MWh. This boils down to 245000isk for 2.75 TW of Energy supplied for an hour. Now let's have a look at the energy market: The current average lies at about 50€/MWh. Multiplication sends us to 137.500.000€ for 2.75TWh of energy. A little more calculation and we have a number. One ISK is worth about 561€. My 2 cents about that topic... your choice if they are euro or isk cent.
Victoria Ehr Twisted Attitude Executive Outcomes	Posted - 2007.11.03 08:01:00 - [24] I ran some numbers and thought about this topic for some time to help with RP stories. This is what i came up with. Lets say our modern earth was in the EVE system. A fighter jet costs roughly $50mil A Nuclear submarine $1bil A navy aircraft carrier $5-20bil (depending on decade built) 747 jetliner $40mil skycraper $50-400mil Now planetary technology is going to be more basic than space technology no matter what time or space your in. It is simply easier to make something for atmosphere conditions than the complex and harsh dangers of outer space, something we take for granted in EVE. Further, EVE is based on an elitism of outer space and planets are basically your common people. So space will be more expensive simply for the fact that only the elite can afford it. IE pod pilots and empires. 1ISK = $1000 Which would make a Kestrel of 330,000 ISK cost $330,000,000 in planet earth money. Add the modules and its up to about $500mil at that point just a t1 frigate is getting super expensive for even Bill Gates or China. A Drake of 33mil ISK would cost roughly 33,000,000,000 that is 33 billion dollars. A Raven 105mil ISK would cost $105,000,000,000 (105bil) This kind of gives you an idea of just how rich and elite pod pilots and space dwellers are compared to planetary peasants. Plus it is easy math too. Demand answers and inherit lies; Ask questions and inherit truth.
Fingapup	Posted - 2007.11.04 11:13:00 - [25] Why not get into the real space comparisons? How much has the International Space Station cost so far? How much was Skylab? How Much was Mir? Compare these with Large, Med and small POS and see how they add up... Then go build an outpost... :)
El'basin Amarr The New Eve Order	Posted - 2007.11.04 12:39:00 - [26] Edited by: El''basin on 04/11/2007 12:39:21 It is almost impossible to give a good number on how much the ISS has cost so far and will have cost when it is terminated in 2016. It all depends on how you calculate and what should be counted into this. It is safe to say though that ISS will have, when it is complete, cost well over 50 billion dollar probebly almost up to 100 billion dollars. As for MIR I dont know but Ive heard around 10 billion, no clue if that is accurate though. If you compare that to a a control tover that is a few hundred million isk the 1000/1 dollar/isk ratio isn't that bad. But then ISS is one of the first space stations we ever build and the control towers are essentialy massproduced items.
Marine HK4861 Caldari Seoltachd	Posted - 2007.11.05 00:37:00 - [27] As somebody posted earlier in this thread, you shouldn't try to assign real values to ISK. While the ISS is a good example, it's cost and maintainence is heavily tied into planet side economy and infrastructure. Without support from the ground, the ISS wouldn't exist. In EVE, everything we do in space is almost completely separate from planet side economies. Ammunition, modules, minerals, even trade goods - all stays in space. About the only transfer we get from planets is crew and they're not represented ingame.
Tobias Creed Minmatar Draconian Toymaker Corp	Posted - 2007.11.05 18:24:00 - [28] ok, so 100 litres of Quaffe = 50 ISK. If we assign a value of $2.50 US. to a two litre bottle of Quaffe, we get one trade unit (50 bottles) at $125. So the value of an isk comes out to $2.50. Also, this shows that one two litre of Quaffe is priced at 1 ISK as a trade good.
Marine HK4861 Caldari Seoltachd	Posted - 2007.11.06 01:20:00 - [29] Originally by: Tobias Creed ok, so 100 litres of Quaffe = 50 ISK. If we assign a value of $2.50 US. to a two litre bottle of Quaffe, we get one trade unit (50 bottles) at $125. So the value of an isk comes out to $2.50. Also, this shows that one two litre of Quaffe is priced at 1 ISK as a trade good. You're making a very big assumption in assuming that Quafe is the EVE version of Cola cola, with a similar pricing scheme. If your numbers were correct, then I could buy a vehicle mounted rocket launcher and ammunition for less than the equivalent of 8500 USD. However Quafe is a very odd product: 500kg of quafe takes up 0.1m3 (100L) of volume. Assuming no volume loss due to packaging, it'd give Quafe a density of 5000kg/m3, or 5 times as dense as water. I wouldn't want to drink that.
Arvald Caldari Tutela Of Obscurum	Posted - 2007.11.06 16:41:00 - [30] Originally by: Terianna Eri And before I finish... about that last point... Citadel torpedoes are 0.3 cubic meters in volume (So probably about a meter or so long and a little more than half a meter in diameter, I think) and do a paltry 1800 damage. They are also EVE's largest conventional weapon. What would the RL equivalent of these weapons be, if any? a 747 filled with dynamite and weapons grade plutonium --------------------------- Originally by: eddie valvetino little small voice in the back of my head i've ignored all summer now screams "BLOW SOMETHING UP!!!!!!!!! MOTHER ******!!!!!!"

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