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actually mining IS AN ISK FAUCET!!!

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Author	Thread Statistics \| Show CCP posts - 4 post(s)
Kyrial Tidolfas	Posted - 2008.01.01 03:35:00 - [1] well you see if you mine you get mine-rals (ahahah get it :P) normally this would just create wealth cause theres more stuff for everyone. and this would also deflate the economy (more stuff = deflation). BUT NO NO NO because all items in EvE is invariably equated to an amount of isk = to the insurance payout if you refine/reprocess the stuff and make ships. and so for the low end market i.e. non t-2 ships non t-2+ mod theres no inflation/deflation. but im sure if you plot the average value of faction/officer mods you will se a gradual increase in price as people invariably make more money as time goes by. tl;dr price of minerals is fixed so anything thats worth about its reprocessed equivalents are fixed and only the hig-end market is a "free" market so its very much like WoW run-away inflation will soon make faction mods worth more and more ps. i am probably wrong pps. actually i think im right a question for you all if a person had a pen, and a spare pen. the person never uses the spare pen until it dies off from old age. was the spare pen "useful". end communication
SumDum AirHawk Alliance Rule of Three	Posted - 2008.01.01 03:41:00 - [2] are you drunk?
NightF0x Gallente Interstellar Alcohol Conglomerate	Posted - 2008.01.01 03:45:00 - [3] i believe my IQ dropped a few points from reading this
Jennai The Greater Goon GoonSwarm	Posted - 2008.01.01 03:51:00 - [4] anyone who claims mining is an isk sink obviously has no idea what an isk sink actually is and should not be talking about anything related to economy
Kyrial Tidolfas	Posted - 2008.01.01 03:53:00 - [5] its so stupid how much money you can make in EvE. at first i thot 100m mega is so expensive. now i dont even think dread guritas invul field is expensive oh wtf DEFLATION FTW!!!!!! ps. anyone wanna go to jita and buy as much dyprosiam (however you spell that ****) as they can eventually the price is gonna jump again (roll eyes) then we are gonna make a killing (which make us pirates lol) kittens are kute
Kyrial Tidolfas	Posted - 2008.01.01 03:55:00 - [6] Originally by: Jennai anyone who claims mining is an isk sink obviously has no idea what an isk sink actually is and should not be talking about anything related to economy roll eyes isk sink removes isk from the economy. mining is an isk faucet BECUZ YOU CAN USE THE MINERALS TO CLAIM SHIP INSURANCE and thus minerals can be equated to isk FROM DED or watever insurance company it is which hasnt gone bankrupt yet. warren buffet would be proud.
Kyrial Tidolfas	Posted - 2008.01.01 03:58:00 - [7] Originally by: Kyrial Tidolfas Originally by: Jennai anyone who claims mining is an isk sink obviously has no idea what an isk sink actually is and should not be talking about anything related to economy roll eyes isk sink removes isk from the economy. mining is an isk faucet BECUZ YOU CAN USE THE MINERALS TO CLAIM SHIP INSURANCE and thus minerals can be equated to isk FROM DED or watever insurance company it is which hasnt gone bankrupt yet. warren buffet would be proud. the egyptian believes that the pyramid has special powers. thats why they build them. or also becuz its easier to pile up rocks in a pyramid shape. what do you think /eve/??? a ninja walks into a party and the host says praise allah (ahahha get it :D)
Tamia Clant New Dawn Corp New Eden Research	Posted - 2008.01.01 04:16:00 - [8] Originally by: Kyrial Tidolfas Originally by: Jennai anyone who claims mining is an isk sink obviously has no idea what an isk sink actually is and should not be talking about anything related to economy roll eyes isk sink removes isk from the economy. mining is an isk faucet BECUZ YOU CAN USE THE MINERALS TO CLAIM SHIP INSURANCE and thus minerals can be equated to isk FROM DED or watever insurance company it is which hasnt gone bankrupt yet. warren buffet would be proud. If it's INSURANCE that's injecting ISK into the economy, then why are you blaming MINING as an ISK faucet? Blame the INSURANCE system, the fact that minerals are needed to build ships has nothing to do with ISK faucets. Looking for queue-free research slots? Click here!

CCP Prism X C C P	Posted - 2008.01.01 04:18:00 - [9] No, mining is an ISK sink because it goes like so: You mine X many minerals, no new ISK is introduced into the economy. You sell Y many minerals to player A, he pays with ISK he got from where ever, yet no new ISK is introduced into the system through the act of mining. Player A pays Z much tax, which goes to NPC corporations who don't affect the economy... which means that Z much ISK disappears from the economy due to sales tax. --> When you mine minerals nothing happens to the economy. When you sell minerals you just get ISKies from a player who earned them a different way. When that happens sales tax is payed and that ISK disappears from the economny. Hence, mining is an ISK sink. It's fun to post this with a Dev account for a change. It's not so much fun to realize this party is boring enough for me to be posting here. Well, off to the next one then. Happy new years peeps and pipettes then. Durr! ~ Prism X EvE Soylent-Green Database Developer, Relocating your character to a cozy, giant secure container since 2006.

Surfin's PlunderBunny Minmatar mUfFiN fAcToRy	Posted - 2008.01.01 04:26:00 - [10] HA! You guys just got dev pwned Originally by: Tarminic Okay, that's it. You are on the KOS list, and you better pray that I don't have access to a locater agent.
DigitalCommunist Obsidian Core	Posted - 2008.01.01 04:35:00 - [11] How many people "mine" NPCs because it gives them enough minerals to get by without ever mining Asteroids? ISK sink my ass... _______________________________ Complex Fullerene Shards; why God? :\|
Armoured C Gallente Globaltech Industries Hedonistic Imperative	Posted - 2008.01.01 04:35:00 - [12] lol facial wow so mining is bad does that mean by beig a pirate and klling mines we are infact helping eve and so mining makes you a pirate wow confused
Caligulus Eve University Ivy League	Posted - 2008.01.01 04:40:00 - [13] The real problem is over crowding. ------------------------------------------------- ** Name ONE thing that your windows comp can do that my MAC cant ** Right click.
Lrrp Minmatar Gallente Mercantile Exchange Coalition Of Empires	Posted - 2008.01.01 04:42:00 - [14] What is forgotten is: You mine You refine You build items from refined mins and sell the product for a profit over worth of mins alone. This increases value for the time you mined. Business 101
Armoured C Gallente Globaltech Industries Hedonistic Imperative	Posted - 2008.01.01 04:50:00 - [15] does this still make mining a piracy thing for being evil to the game or are pirate still good for killing miners or are pirates not pirates at all but helpful kind people to the eve universe we need awnsers
Nyphur Pillowsoft Total Comfort	Posted - 2008.01.01 04:54:00 - [16] Originally by: CCP Prism X No, mining is an ISK sink because it goes like so: You mine X many minerals, no new ISK is introduced into the economy. You sell Y many minerals to player A, he pays with ISK he got from where ever, yet no new ISK is introduced into the system through the act of mining. Player A pays Z much tax, which goes to NPC corporations who don't affect the economy... which means that Z much ISK disappears from the economy due to sales tax. --> When you mine minerals nothing happens to the economy. When you sell minerals you just get ISKies from a player who earned them a different way. When that happens sales tax is payed and that ISK disappears from the economny. Hence, mining is an ISK sink. It's fun to post this with a Dev account for a change. It's not so much fun to realize this party is boring enough for me to be posting here. Well, off to the next one then. Happy new years peeps and pipettes then. Durr! Do you realise that you just said mining is an isk sink because minerals are sold on the market and the market has fees? In that case, the market fees are an isk sink. The act of mining itself is not, nor can you assume that mined minerals will be sold on the market or contracts where fees are applied or even sold at all. Although the original poster is probably drunk, the point he is making is that minerals can be converted into isk via the insurance system and that the insurance system itself is an isk faucet. Mining itself is neither a faucet nor a sink, it does nothing to the isk currently in the game unless those minerals are sold or built into ships which are then destroyed (factory fees notwithstanding from building non-ships). Eve-Tanking.com - We're sorry, something happened.
Princess PooPoo	Posted - 2008.01.01 04:55:00 - [17] Originally by: CCP Prism X No, mining is an ISK sink because it goes like so: You mine X many minerals, no new ISK is introduced into the economy. You sell Y many minerals to player A, he pays with ISK he got from where ever, yet no new ISK is introduced into the system through the act of mining. Player A pays Z much tax, which goes to NPC corporations who don't affect the economy... which means that Z much ISK disappears from the economy due to sales tax. --> When you mine minerals nothing happens to the economy. When you sell minerals you just get ISKies from a player who earned them a different way. When that happens sales tax is payed and that ISK disappears from the economny. Hence, mining is an ISK sink. It's fun to post this with a Dev account for a change. It's not so much fun to realize this party is boring enough for me to be posting here. Well, off to the next one then. Happy new years peeps and pipettes then. Durr! oh lol even dev is a noob mining is an isk faucet while TAX is an isk sink wat happened if i dont do any transactions based on my minerals i just build a ship (sinking the factory fee ofc) then blow it up to claim the insurance. minerals = ships = insurance = isk faucet therefore since everything = mineral creation of any items that can be reprocessed into minerals is a faucet end communication
Nyphur Pillowsoft Total Comfort	Posted - 2008.01.01 04:56:00 - [18] Everyone is drunk except me. Eve-Tanking.com - We're sorry, something happened.
Kyrial Tidolfas	Posted - 2008.01.01 04:57:00 - [19] Originally by: Princess **oo Originally by: CCP Prism X No, mining is an ISK sink because it goes like so: You mine X many minerals, no new ISK is introduced into the economy. You sell Y many minerals to player A, he pays with ISK he got from where ever, yet no new ISK is introduced into the system through the act of mining. Player A pays Z much tax, which goes to NPC corporations who don't affect the economy... which means that Z much ISK disappears from the economy due to sales tax. --> When you mine minerals nothing happens to the economy. When you sell minerals you just get ISKies from a player who earned them a different way. When that happens sales tax is payed and that ISK disappears from the economny. Hence, mining is an ISK sink. It's fun to post this with a Dev account for a change. It's not so much fun to realize this party is boring enough for me to be posting here. Well, off to the next one then. Happy new years peeps and pipettes then. Durr! oh lol even dev is a noob mining is an isk faucet while TAX is an isk sink wat happened if i dont do any transactions based on my minerals i just build a ship (sinking the factory fee ofc) then blow it up to claim the insurance. minerals = ships = insurance = isk faucet therefore since everything = mineral creation of any items that can be reprocessed into minerals is a faucet end communication end communication is a registered trademark of Kyrial Tidolfas. unauthorised usage will solicit legal action to the fullest extent of the law (whine whine petition petition senior gm whine some more threathen to leave cry.)
Karyuudo Tydraad Caldari Whiskey Pete's Drycleaning Services The Acquisition	Posted - 2008.01.01 05:05:00 - [20] He's technically right. He sucks at posting, but he's correct. Though I'd say it'd be more accurate to state that insurance is an ISK faucet, as mining doesn't directly inject ISK into the economy.

CCP Prism X C C P	Posted - 2008.01.01 05:25:00 - [21] New party, new post! w00t! Right-o. Normally I'd show you nay-sayers a thing or two but I'm to happy-go-lucky right now to dig into the forum warriorness. Mining does not introduce newly pressed ISK. Selling removes ISK due to tax. True. Mining being a faucet due to minerals being used to produce other things... ...dude check yourself. You're not understanding the faucet / sink concept. Sorry. ~ Prism X EvE Soylent-Green Database Developer, Relocating your character to a cozy, giant secure container since 2006.

Nyphur Pillowsoft Total Comfort	Posted - 2008.01.01 05:30:00 - [22] Originally by: CCP Prism X Mining being a faucet due to minerals being used to produce other things... ...dude check yourself. You're not understanding the faucet / sink concept. Sorry. I assume this wasn't directed at me since I didn't say mining was an isk faucet in any way. Eve-Tanking.com - We're sorry, something happened.
DigitalCommunist Obsidian Core	Posted - 2008.01.01 05:34:00 - [23] You're a square Nyphur, I'm sure it was ¼_¼ _______________________________ Complex Fullerene Shards; why God? :\|
Erel Kighas	Posted - 2008.01.01 05:34:00 - [24] Originally by: Nyphur Originally by: CCP Prism X No, mining is an ISK sink because it goes like so: You mine X many minerals, no new ISK is introduced into the economy. You sell Y many minerals to player A, he pays with ISK he got from where ever, yet no new ISK is introduced into the system through the act of mining. Player A pays Z much tax, which goes to NPC corporations who don't affect the economy... which means that Z much ISK disappears from the economy due to sales tax. --> When you mine minerals nothing happens to the economy. When you sell minerals you just get ISKies from a player who earned them a different way. When that happens sales tax is payed and that ISK disappears from the economny. Hence, mining is an ISK sink. It's fun to post this with a Dev account for a change. It's not so much fun to realize this party is boring enough for me to be posting here. Well, off to the next one then. Happy new years peeps and pipettes then. Durr! Do you realise that you just said mining is an isk sink because minerals are sold on the market and the market has fees? In that case, the market fees are an isk sink. The act of mining itself is not, nor can you assume that mined minerals will be sold on the market or contracts where fees are applied or even sold at all. Although the original poster is probably drunk, the point he is making is that minerals can be converted into isk via the insurance system and that the insurance system itself is an isk faucet. Mining itself is neither a faucet nor a sink, it does nothing to the isk currently in the game unless those minerals are sold or built into ships which are then destroyed (factory fees notwithstanding from building non-ships). or it could go this way... ... player A mines Z amount of minerals, which then is handed to the corp builder that is Player B. Player B builds a Battleship which he gives to corp Combat Pilot which is Player C. Player C spends isk on insurance for the ship which is an isk sink... but wait we're not done... Player D blows Player C out of the sky... Insurance pays out... Isk faucet. It's all sillyness and spin. The fact is that items that have intrensic value are no different from isk that has intrinsic value.. If i wanted to buy everything via in-game trade windows and pay with tritanium instead of isk, I'm sure i could do it. I might have to use 5.5 million isk worth of tritanium to buy something that would normally cost 5 million isk worth of isk, but I could do it, and that's the point. Therefore anything that is introduced into the game that has any value at all is an isk faucet of sorts, as it could be used to introduce actual isk later in the game through readily available mechanisms. If you don't think adding objects to the game is the same as an isk faucet, please, by all means,drop 1000 Armageddons into my hanger at your lesiure.. I won't mind a bit, nor will my wallet a few hours of insurance fraud later. --
Dimagus	Posted - 2008.01.01 05:40:00 - [25] Edited by: Dimagus on 01/01/2008 05:43:26 Material Faucet = Adds new materials to the game (Mining) Material Sink = Removes existing materials from the game (Destroying Ships) ISK Faucet = Adds new ISK to the game (Bounties) ISK Sink = Removes existing ISK from the game (Tax) Econoneutral = Neither adds nor removes material/ISK from the game. (Trading, Refining) The third factor is "time" which is worthless or priceless depending upon who is asked.
Nyphur Pillowsoft Total Comfort	Posted - 2008.01.01 05:42:00 - [26] Originally by: DigitalCommunist You're a square Nyphur, I'm sure it was ¼_¼ But it's hip to be a square! Originally by: Erel Kighas If you don't think adding objects to the game is the same as an isk faucet, please, by all means,drop 1000 Armageddons into my hanger at your lesiure.. I won't mind a bit, nor will my wallet a few hours of insurance fraud later. An isk faucet is a term that strictly refers to a process which adds isk to the game world which previously did not exist. An isk sink is a term that strictly refers to a process which removes isk from the game world. In that sense, spawning 1000 armageddons and putting them in your hanger would not be an isk faucet or sink on its own. Even if you sold them to other players, no new isk is created or destroyed so there's still no isk faucet or sink. However, if you self-destructed the ship, you'd get insurance isk that previously was not in the game and is therefore an isk faucet. In this system, the insurance system is the isk faucet, not the spawning of 1000 armageddons. It's the same with mining ore and building ships from the refined minerals from it. No new isk is created and no existing isk is destroyed when mining or refining. A small factory fee may apply when building the ship which would be an isk sink. When the ship is built, selling it to another player does not create new isk or destroy existing isk, so there's no isk faucet or sink there. Getting the ship blown up, however, would create new isk in the form of the insurance payout just as with the 1000 spawned armageddon example. The insurance system, once again, is the only isk faucet in the system. Eve-Tanking.com - We're sorry, something happened.
Erel Kighas	Posted - 2008.01.01 05:43:00 - [27] Originally by: Dimagus Material Faucet = Adds new materials to the game (Mining) Material Sink = Removes existing materials from the game (Destroying Ships) ISK Faucet = Adds new ISK to the game (Bounties) ISK Sink = Removes existing ISK from the game (Tax) Econoneutral = Neither adds nor removes material/ISK from the game. (Trading, Refining) so does a carrier that smartbomb-camps a gate cause inflation or deflation? --
DigitalCommunist Obsidian Core	Posted - 2008.01.01 05:43:00 - [28] Originally by: Nyphur Originally by: DigitalCommunist You're a square Nyphur, I'm sure it was ¼_¼ But it's hip to be a square! Its 2008 not 1968, sir. _______________________________ Complex Fullerene Shards; why God? :\|
Erel Kighas	Posted - 2008.01.01 05:44:00 - [29] Edited by: Erel Kighas on 01/01/2008 05:45:13 Originally by: Nyphur . An isk faucet is a term that strictly refers to a process which adds isk to the game world which previously did not exist. An isk sink is a term that strictly refers to a process which removes isk from the game world. In that sense, spawning 1000 armageddons and putting them in your hanger would not be an isk faucet or sink on its own. Even if you sold them to other players, no new isk is created or destroyed so there's still no isk faucet or sink. However, if you self-destructed the ship, you'd get insurance isk that previously was not in the game and is therefore an isk faucet. In this system, the insurance system is the isk faucet, not the spawning of 1000 armageddons. It's the same with mining ore and building ships from the refined minerals from it. No new isk is created and no existing isk is destroyed when mining or refining. A small factory fee may apply when building the ship which would be an isk sink. When the ship is built, selling it to another player does not create new isk or destroy existing isk, so there's no isk faucet or sink there. Getting the ship blown up, however, would create new isk in the form of the insurance payout just as with the 1000 spawned armageddon example. The insurance system, once again, is the only isk faucet in the system. I agree with you, however my point was that mining is not an isk sink for the same reason and that the dev-pwn was fail for the same reasoning that my 1000 armageddons are not the actual faucet. --
Hannobaal Gallente Igneus Auctorita GoonSwarm	Posted - 2008.01.01 05:45:00 - [30] Prism X is the best Dev.

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