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How much is spent in jita each day?

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Svanna Gulmi	Posted - 2007.06.08 11:44:00 - [1] I'd love to know this.... i would guess at 50bill, what you think? I think for traders it would be nice to have these stats available on the map like ships destroyed. It probably wouldn't affect my trading much but all the same it would be interesting to find out....
SiJira	Posted - 2007.06.08 11:46:00 - [2] Edited by: SiJira on 08/06/2007 11:44:55 a lot more than 10x that number because i myself spend nearly half that much there daily ____ __ ________ _sig below_ the jet cans are made so that people that dont mine can get free ore miners ritually donate the ore to anyone wishing to take some
Xedrik Amarr Supernova Industries	Posted - 2007.06.08 11:53:00 - [3] Edited by: Xedrik on 08/06/2007 11:52:19 50bil? That's nothing... There's about 600 people in Jita most of the time, and I'd reckon most of them do any form of business (a small part trying to do missions as well hehe). So, some math... Let's say 400 of them do one deal every 10 minutes, and let's say every deal is worth about 20mil (and I personally think the average deal is worth a lot more). That's 800 million every 10 minutes, which is 4.8bil every hour. That's about 110bil in one day (and no, I didn't count the 1 hour DT). I think the actual turnover is much more, but then again CCP are the only ones sitting on the real numbers =D --- "Death has a tendency to encourage a depressing view of war."
Glumpumpkin House Elf Liberation Front	Posted - 2007.06.08 12:16:00 - [4] Edited by: Glumpumpkin on 08/06/2007 12:15:41 STOP THE HYPOTHETICALS NOW In your EVE market browser, bring up the trade history table for every mineral and t2 component in the game. Create a spreadsheet multiplying the volume sold with the average sale price. Add the products together. The sum of those numbers will be a very close approximation of how much business is done in Jita daily. Keep in mind that all those minerals are assembled into ships and modules and resold at a markup, with the profits reinvested the next day in minerals, BPOs, and infrastructure.
Dark Shikari Caldari Imperium Technologies Firmus Ixion	Posted - 2007.06.08 12:20:00 - [5] Originally by: Glumpumpkin Edited by: Glumpumpkin on 08/06/2007 12:15:41 STOP THE HYPOTHETICALS NOW In your EVE market browser, bring up the trade history table for every mineral and t2 component in the game. Create a spreadsheet multiplying the volume sold with the average sale price. Add the products together. The sum of those numbers will be a very close approximation of how much business is done in Jita daily. Keep in mind that all those minerals are assembled into ships and modules and resold at a markup, with the profits reinvested the next day in minerals, BPOs, and infrastructure. You're forgetting all the contracts--the majority of the game's faction/officer items are sold in Jita. 23 Member EVE Video makers: save EVE-files bandwidth! Use the H.264 AutoEncoder!
Alrich	Posted - 2007.06.08 12:21:00 - [6] but by doing that you will neglect the item traders. ad up all items in the jita market and you can see the cashflow
Glumpumpkin House Elf Liberation Front	Posted - 2007.06.08 12:28:00 - [7] Faction gear is a drop in the bucket compared to manufactured product, excluding it from this thought exercise will not have any appreciable effect on the results. In similar vein, items traders are dealing with items that have already been produced, and their contribution to the market is relatively neutral compared to the manufacture of new products. Everything they resell has been produced with minerals bought in Jita. All they do is increase the price.
Xedrik Amarr Supernova Industries	Posted - 2007.06.08 12:29:00 - [8] Originally by: Dark Shikari Originally by: Glumpumpkin Edited by: Glumpumpkin on 08/06/2007 12:15:41 STOP THE HYPOTHETICALS NOW You're forgetting all the contracts--the majority of the game's faction/officer items are sold in Jita. /signed HAHA! --- "Death has a tendency to encourage a depressing view of war."
Xedrik Amarr Supernova Industries	Posted - 2007.06.08 12:32:00 - [9] Originally by: Glumpumpkin Faction gear is a drop in the bucket compared to manufactured product, excluding it from this thought exercise will not have any appreciable effect on the results. In similar vein, items traders are dealing with items that have already been produced, and their contribution to the market is relatively neutral compared to the manufacture of new products. Everything they resell has been produced with minerals bought in Jita. All they do is increase the price. Drop in a bucket, eh? ... Sure, when it comes to the amount sold... But not when it comes to the ISK turnover. There are MANY faction items that go off at hundreds of millions, and even some more then billions. So, all in all, they stand for a lot of the total turnover. --- "Death has a tendency to encourage a depressing view of war."
Nate Hammertown Gallente GoonFleet GoonSwarm	Posted - 2007.06.08 12:33:00 - [10] IM GUESSING A LOT \|)) =D-------
Xedrik Amarr Supernova Industries	Posted - 2007.06.08 12:42:00 - [11] Originally by: Nate Hammertown IM GUESSING A LOT Hrm. Your sig is offensive. --- "Death has a tendency to encourage a depressing view of war."
Nate Hammertown Gallente GoonFleet GoonSwarm	Posted - 2007.06.08 12:43:00 - [12] Originally by: Xedrik Originally by: Nate Hammertown IM GUESSING A LOT Hrm. Your sig is offensive. what how so \|)) =D-------
Xedrik Amarr Supernova Industries	Posted - 2007.06.08 12:46:00 - [13] Originally by: Nate Hammertown what how so Oh lol. I misinterpreted it. Now I see it's a butt and then a drooling smiley. Right? --- "Death has a tendency to encourage a depressing view of war."
Svanna Gulmi	Posted - 2007.06.08 12:48:00 - [14] Having rethought my 50bill turnover, yeh i can see it must be a gross underestimate Must be talking 10 X that as the first post said! Dam thats a lot of isk!!! Can't imagine a response from anyone with the figures but i'd love to know for sure.. Do you gents think it would be a nice tool to have in the map browser? I reckon some people would benefit from it...... and others would look at as much as some look at 'number of ships killed in last hour'
Adaris Dark and Light inc.	Posted - 2007.06.08 17:56:00 - [15] How much is spent in Jita every day...? meh... I don't know... isn't people's isk normally stolen there through scamming? Please Help me, YOU could be next!
Ackaroth Gallente Plundering Penguins	Posted - 2007.06.08 18:05:00 - [16] I have discussed this with people in-game, who wondered similar things. In the first MMO I played, Motor City Online, on the startup page for your server (there were multiple servers, like most other mmo's) it showed how much had been spent today and to date on cars and parts and the server's GDP (or GNP, I dont remember). Might even have said how much money was in circulation. I think that would be a cool thing to add to EVE, in some form or fashion. Awesome, apparently something was wrong with my sig and now I have some green mod-jargon in its place. Mods - Feel free to add more colors/sugar&spice. :) [limegreen]Your signature is inappropriate f
LMAAAOOOO	Posted - 2007.06.08 18:09:00 - [17] Originally by: Xedrik Originally by: Nate Hammertown what how so Oh lol. I misinterpreted it. Now I see it's a butt and then a drooling smiley. Right?
Kadean Gallente Visual I.D GoonSwarm	Posted - 2007.06.08 18:14:00 - [18] are we putting all the tax aswell in this, for putting goods up/buying them, research/manufactoring costs, contracts? would add a far bit ontop of just sales
Thanos Draicon	Posted - 2007.06.08 19:01:00 - [19] Originally by: LMAAAOOOO Originally by: Xedrik Originally by: Nate Hammertown what how so Oh lol. I misinterpreted it. Now I see it's a butt and then a drooling smiley. Right? Shouldn't it be more like this: \|))=======D------------------------ Then again, we can't all be Minmattar I suppose. erm...GOONSWARM IS EBIL.

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