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sinqlaison
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Posted - 2008.02.02 14:18:00 -
[1]
Noticed Jita mineral prices shooting up in past 4-5 days - across all minerals (except trit). E.g., zydrine up from 2,300 to close to 2,700; pyerite up from 4,5fsh to 4,8, etc. Know markets fluctuate, but 6 up might be no coincidence. Who has a guess whats happening?
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Riethe
Fine Goods for Fine Gentlemen
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Posted - 2008.02.02 14:36:00 -
[2]
Our days are numbered. This is no coincidence.
(This tends to happen. Prices will go up, and prices will go back down. There is always some influence. It will correct itself, though.)
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LaVista Vista
Conservative Shenanigans Party
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Posted - 2008.02.02 14:37:00 -
[3]
If this is indeed right, thats likely why.
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Myadra
Amarr
Cruoris Seraphim
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Posted - 2008.02.02 14:39:00 -
[4]
Sounds to me like people taking stuff from a devalued over worked market and moving them to other regions, or to fill buy orders, high end minerals have hit a all time low awhile ago. I expect to see zydrine at least level off at 3-3.5k a unit soon. I see alot of buy orders for 100's of thousand units for 2.5k buy in region i am in, and most selling for nearly 3k now allready in other regions... so thats what it might be. or people predicting that it will be averaging out at 3k+ again and buying it up as investment
if everyones selling for 2,300 to dump it in Forge/Jita, might be people moving it to fill these massive buy orders for 2.5-2.6k I see. (Kador & Everyshore)
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Clurk Brodon
Yog-Sothoth Heavy Industries
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Posted - 2008.02.02 14:52:00 -
[5]
Macrominer strike?
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Feirik
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Posted - 2008.02.02 15:50:00 -
[6]
Ah, megacyte....
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Lianne Tai
Adam Adamants Emporium
Zzz
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Posted - 2008.02.02 23:12:00 -
[7]
whatevers pushed up the prices in jita, not sure its increased demand. I havent seen 1 unit of megacyte sell in Jita this evening. n the sell orders have been much more stationary than normal. Guess all the manufacturers are using buy orders 
______________________________________________
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Tasko Pal
Heron Corporation
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Posted - 2008.02.02 23:59:00 -
[8]
 Originally by: Clurk Brodon
Macrominer strike?
Well, I did notice a dieoff in the local macro population (as far as I could see) a couple weeks ago. But the population has sprung back and they're doing their usual thing. But one would expect some drop in mineral output while they bring the new batch up to speed.
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Riethe
Fine Goods for Fine Gentlemen
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Posted - 2008.02.03 00:00:00 -
[9]
This is why CCP cannot do anything about the macrominers and isk farmers.
It will simply throw the economy out of whack.
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Shadarle
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Posted - 2008.02.03 01:14:00 -
[10]
Originally by: Riethe
This is why CCP cannot do anything about the macrominers and isk farmers.
It will simply throw the economy out of whack.
And this is a bad thing why?
Tanking Setups Compared
Stacking Penalty / Resists Explained |
Tasko Pal
Heron Corporation
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Posted - 2008.02.03 01:43:00 -
[11]
Originally by: Shadarle
Originally by: Riethe
This is why CCP cannot do anything about the macrominers and isk farmers.
It will simply throw the economy out of whack.
And this is a bad thing why?
We wouldn't want people making isk off of market imbalances. 
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CCP Mitnal
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Posted - 2008.02.03 04:23:00 -
[12]
I'm assuming by "economy going out of whack" Riethe meant that this would see mineral prices increasing hence the cost of items/ships etc would increase.
I'm sure EVE would survive that period, just as it did when ships, especially ravens were going for roughly 65-70% more than they currently are.
Clearly at the current time, cheap minerals and cheap ships, stimulate PVP with the death penalty being that much less.
However, EVE with cost per ship loss higher than now survived and flourished and as more people join up, so there is more competition across the board.
I don't necessarily think that EVE with higher prices would necessarily lead to any decline, for one if and when the Great Southern War ends there will be more than likely be a lot of conflict when it comes to division of territory.
As more people join the game, so people band together for protection and they will need space to move into to flourish - perpetual conflict = perpetual demand in the market.
Mitnal,
Community Representative
EVE Online
CCP Games
Email/Netfang |
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Kylar Renpurs
Dusk Blade
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Posted - 2008.02.03 04:27:00 -
[13]
Quote:
E.g., zydrine up from 2,300 to close to 2,700
Aaah, i remember when my 32k zydrine hauler spawn netted me about 120mil at close to 4000 per unit.
Improve Market Competition! |
Shadarle
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Posted - 2008.02.03 05:05:00 -
[14]
Originally by: CCP Mitnal
I'm assuming by "economy going out of whack" Riethe meant that this would see mineral prices increasing hence the cost of items/ships etc would increase.
I'm sure EVE would survive that period, just as it did when ships, especially ravens were going for roughly 65-70% more than they currently are.
Clearly at the current time, cheap minerals and cheap ships, stimulate PVP with the death penalty being that much less.
However, EVE with cost per ship loss higher than now survived and flourished and as more people join up, so there is more competition across the board.
I don't necessarily think that EVE with higher prices would necessarily lead to any decline, for one if and when the Great Southern War ends there will be more than likely be a lot of conflict when it comes to division of territory.
As more people join the game, so people band together for protection and they will need space to move into to flourish - perpetual conflict = perpetual demand in the market.
This is basically the long version of my "And this is bad why?" 
Tanking Setups Compared
Stacking Penalty / Resists Explained |
Brittannia
Gallente
Orion Ore International
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Posted - 2008.02.03 09:09:00 -
[15]
Remove insurance and lets see what happens!
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sinqlaison
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Posted - 2008.02.03 11:46:00 -
[16]
Edited by: sinqlaison on 03/02/2008 11:46:57
Originally by: Brittannia
Remove insurance and lets see what happens!
What would you expect to happen?
Originally by: LaVista Vista
If this is indeed right, thats likely why.
This great war in the South might be the reason, if it means that demand for minerals would go up very fast indeed. Evidence would be that you see PVP ship prices appreciate fast. Is that so?
Originally by: Myadra
Sounds to me like people taking stuff from a devalued over worked market and moving them to other regions.
I don't think this is the reason, I checked in Rens and prices are lower there than at Jita
Originally by: Tasko Pal
Macrominer strike? Well, I did notice a dieoff in the local macro population (as far as I could see) a couple weeks ago. But the population has sprung back and they're doing their usual thing. But one would expect some drop in mineral output while they bring the new batch up to speed.
This might be the case. Is there any reason to believe this? Has there been concerted action on macro miners recently?
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Jonny JoJo
Amarr
The Imperial Guards
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Posted - 2008.02.03 14:08:00 -
[17]
Steam users about to enter eve. Prices going up before expected player influx.
Also - Gist Stuff is going to double in value 2-3 months from now due to massive expected steam player influx. (server could tripple in player count overnight)
Sig locked, lack of Eve content |
YouGotRipped
Gallente
Ewigkeit
Galactic Research
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Posted - 2008.02.03 17:25:00 -
[18]
Originally by: Jonny JoJo
Steam users about to enter eve. Prices going up before expected player influx.
Also - Gist Stuff is going to double in value 2-3 months from now due to massive expected steam player influx. (server could tripple in player count overnight)
BS
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Clurk Brodon
Yog-Sothoth Heavy Industries
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Posted - 2008.02.03 17:28:00 -
[19]
Actually I think the rise of minerals is a consequence of the compression nerf. Large modules are bulkier, and some mission runners probably don't loot them anymore.
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Jonny JoJo
Amarr
The Imperial Guards
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Posted - 2008.02.03 20:33:00 -
[20]
Originally by: Clurk Brodon
Actually I think the rise of minerals is a consequence of the compression nerf. Large modules are bulkier, and some mission runners probably don't loot them anymore.
Actually, now that i think about it - this seems spot on.
Sig locked, lack of Eve content |
Malcolm Gerhardt
Gallente
Arctic Fox Industries and Materials
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Posted - 2008.02.04 05:05:00 -
[21]
Originally by: Clurk Brodon
Macrominer strike?
was doing research on China for College on the net and ran across this on one of the isk seller sites
"Honorable customers, because China is celebrating Spring Festival, most of the EVE ISK providers are not on production and our EVE products in stock are running short so we can not deliver you EVE ISK in 30 minutes. Our delivery duration may last even more than 24 hours,and the Chinese Spring Festival lasts from February 3rd to February 14th, in these days Ssegames will try our best to provide our supply as much as possilbe and to delivery your products as fast as we can. Ssegames apologize for any delay. Thanks for your understanding. "
Keep your Head low, Your Mind high and Your Mouth Shut |
Treelox
Amarr
Market Jihadist Revolutionary Party
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Posted - 2008.02.04 05:09:00 -
[22]
Originally by: Malcolm Gerhardt
Originally by: Clurk Brodon
Macrominer strike?
was doing research on China for College on the net and ran across this on one of the isk seller sites
"Honorable customers, because China is celebrating Spring Festival, most of the EVE ISK providers are not on production and our EVE products in stock are running short so we can not deliver you EVE ISK in 30 minutes. Our delivery duration may last even more than 24 hours,and the Chinese Spring Festival lasts from February 3rd to February 14th, in these days Ssegames will try our best to provide our supply as much as possilbe and to delivery your products as fast as we can. Ssegames apologize for any delay. Thanks for your understanding. "
Yeah its Chinese New Year, it is the begining of the new year according to their traditional lunar calender.
Which is why if you have been following the news in China, why the weather there is causing such huge chaos like 200,000 ppl stranded in train stations for days, or 10,000 car backups on their highways.
--
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Feirik
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Posted - 2008.02.04 07:35:00 -
[23]
Might have something to do with the rumours regarding building aswell, ccp is changing so building rounds up or something to even out the difference of that shorter jobs were more effective than longer ones.
For example if your random t2 mod required 1,4 morphite after you had researched your bp, if you ran 1 run jobs you would just use 1 morphite per job. But if you ran a 2 run job you would use 3 morphite, 1,5 per unit. Doesnt seem like alot, but in the larger picture this affects all t2 modules, invention, t1 modules built. Also capital ships and parts.
Im a nubbin with building, but that might be a reason for the min prices.
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Feirik
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Posted - 2008.02.04 14:37:00 -
[24]
From the latest devblog:
To fix this, we need to go one step further and realize that waste is significant at all levels by rounding up the waste so single run batches will be less efficient than mass production of an item returning us once more to economies of scale. For the many spreadsheet producers out there wanting to know how this will affect you, this means changing your Trinity spreadsheets from round to ceiling function when calculating the necessary materials needed in future jobs.
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Shadarle
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Posted - 2008.02.04 16:32:00 -
[25]
Originally by: Feirik
From the latest devblog:
To fix this, we need to go one step further and realize that waste is significant at all levels by rounding up the waste so single run batches will be less efficient than mass production of an item returning us once more to economies of scale. For the many spreadsheet producers out there wanting to know how this will affect you, this means changing your Trinity spreadsheets from round to ceiling function when calculating the necessary materials needed in future jobs.
You seriously think an increase in waste of less than 1% is going to cause massive price increases before it happens?
Tanking Setups Compared
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Fenderson
Einherjar Rising
Cry Havoc.
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Posted - 2008.02.04 19:04:00 -
[26]
the change in waste makes small runs more wasteful but large runs less wasteful. overall this probably will make demand for minerals go down a tiny bit. probably will have zero effect on the market, but if anything it should be making prices go down.
chinese new year is probably also not a factor. if it were a factor, you would see trit prices going up, but they are not.
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Join ingame channels "DOA Poker" and "Eve Online Hold'em" |
Ghreymar LaNayeur
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Posted - 2008.02.04 20:11:00 -
[27]
Originally by: Fenderson
the change in waste makes small runs more wasteful but large runs less wasteful. overall this probably will make demand for minerals go down a tiny bit. probably will have zero effect on the market, but if anything it should be making prices go down.
chinese new year is probably also not a factor. if it were a factor, you would see trit prices going up, but they are not.
QFT. It's much more likely that a combination of the carrier nerf, the freighter jump portaling nerf, and the great southern war has impacted the supply of high ends from 0.0 to empire.
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Aldelphius
Carbide Industries
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Posted - 2008.02.04 20:39:00 -
[28]
Edited by: Aldelphius on 04/02/2008 20:46:46
The Marco miners focus on market where they can move volume, and on the most profitable ores. flooding a market collapses the price. (look at the 1 year charts for examples) Forge trit prices are stable with high volume buy orders seeing an incrases of about 0.02 a day but average price unchanged from the last month. Pyrite on the other hand has seen a continual price increase over the last 3 months. If miners are simply stripping Forge belts, this would facilitate stable trit prices and incresed pye, due to the lack of significant pyerite in pyroxeres.
Zyd is the big one to watch with continual price increases over the last 4 months. In the last week The Forge saw two days with over 30m units sold. I have to feel that this volume of transactions soaked up alot of the available zyd in the market, possibly in anticipation of continually increasing demand.
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Danari
Amarr
Viper Squad
Triumvirate.
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Posted - 2008.02.04 20:54:00 -
[29]
I track a moving 30-day average of all minerals aggregated and it's sitting within .2% of its all-time low with just a slight and I mean very slight upward trend. Zyd had some push to it but is decelerating. I don't see its Jita average going over 2700.
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Aldelphius
Carbide Industries
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Posted - 2008.02.05 00:16:00 -
[30]
Originally by: Danari
I track a moving 30-day average of all minerals aggregated and it's sitting within .2% of its all-time low with just a slight and I mean very slight upward trend. Zyd had some push to it but is decelerating. I don't see its Jita average going over 2700.
I hope your right, and for more than just my own bottom line. You may be right that the regional average may not top much above 2700, but the daily averages have allready hit 2700. The people who this will hurt is the small time producers, who dont have the capital to build stockpiles to ride out fluctuations like this.
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