| Author |
Thread Statistics | Show CCP posts - 4 post(s) |

DigitalCommunist
Obsidian Core
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Posted - 2008.01.01 04:35:00 -
[1]
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? :| |

DigitalCommunist
Obsidian Core
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Posted - 2008.01.01 05:34:00 -
[2]
You're a square Nyphur, I'm sure it was ¼_¼ _______________________________ Complex Fullerene Shards; why God? :| |

DigitalCommunist
Obsidian Core
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Posted - 2008.01.01 05:43:00 -
[3]
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? :| |

DigitalCommunist
Obsidian Core
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Posted - 2008.01.02 00:04:00 -
[4]
Originally by: Druadan Edited by: Druadan on 01/01/2008 23:55:49 If mining isn't a faucet, then where does the value of the ore come from? Does some rich mothersticker seed the asteroid fields with money out of his own wallet? No.
You're not getting off that easy, sir.
NPCs sell modules for a certain price. Those modules refine into a certain amount of minerals. This is your price ceiling.
Ships take a certain amount of minerals to build. Insurance gives a certain amount of ISK. This is your price floor.
However unlikely, if the mineral market crashes or inflates, players will either build and self destruct ships or mass refine NPC goods. _______________________________ Complex Fullerene Shards; why God? :| |

DigitalCommunist
Obsidian Core
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Posted - 2008.01.02 00:13:00 -
[5]
Originally by: Jenny Spitfire
Miner mines and NPCer collects. The way I see it, the whole picture is mining can be a faucet because miner sells materals to NPCer and NPCer makes money out of nowhere. So I think mining is a faucet.
Am I right or wrong? I am confused. LOL I don't have a degree in economics and I only have a McJob. Please don't say anything bad about my reasoning. I am trying to learn something here. Thank you.  
Mining creates goods, which have an ISK value. As I wrote above there is a price ceiling and price floor that determines how much. If everyone stopped mining, and no one collected loot for refining, we'd have to get our minerals through NPC markets by refining the unlimited supply of modules in Empire. If people mined so much that we ended up with a surplus, the price would stop dropping at base price - or the price used in insurance calculations by EVE. At that point it makes more sense to convert them to ships and blow them up.
These are the ways CCP regulates the market, just like a government. EVE does not have a completely free or player driven market. Players have control up to a point, but complete control requires there to be complete competition. Imagine if CCP removed NPC mineral supply completely (via markets and via loot drops), now THAT would be interesting. Every single trit you lost in PVP would have to be replaced by a player, somehow, somewhere.  _______________________________ Complex Fullerene Shards; why God? :| |

DigitalCommunist
Obsidian Core
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Posted - 2008.01.02 00:28:00 -
[6]
You can't have "value faucets" because value is a subjective term based on the consumer. You can have one price for an item, but how much value/worth it has to various people basically depends on how much ISK they got and what the item can do for them in particular.
And if minerals let you build giant space shrines to the dark lord Lucifer, someone mining asteroids in your region is not generating more devil worship. Well, maybe thats a bad example.  _______________________________ Complex Fullerene Shards; why God? :| |
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