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Tasko Pal
Heron Corporation
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Posted - 2008.02.22 03:06:00 -
[1]
 Originally by: Shadarle
Originally by: Matalino
I am guessing that someone flooded the market a few months back and it has taken this long for the supply to burn off.
This is the only part that isn't very accurate. It was no one or two people who did this, it was a massive number of people doing it unwittingly. Anyone who realized this could have built up hundreds of implants and then sold them after the price rise. It would have been worth billions upon billions... say 20+... just speculating of course... 
Sorry, Shadarle, I didn't get clue off of that (perhaps because I was absent before Trinity). What changed in the supply of these implants over the past three months? Were a lot of these box prizes for a large number of research alts' standings runs? Did storylines change?
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Tasko Pal
Heron Corporation
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Posted - 2008.02.23 06:13:00 -
[2]
Edited by: Tasko Pal on 23/02/2008 06:13:25
Originally by: Shadarle
Originally by: Motivated Prophet
They wouldn't magically just *poof* run out of implants to sell, Shad. The price would have drifted up over time.
Sorry, I'm calling bull**** on this one unless you have more supporting evidence or some twist to the story you haven't revealed.
MP
They didn't just magically "poof" run out of implants. It slowly happened, but the supply was so massive that it didn't show up to most people. Some people were slowly stockpiling because they saw a trend. As people ran out of LP's and the market went from having thousands of implants to hundreds some enterprising individual went around and bought up all of them. Prices jumped, so some people who stockpiled unloaded their goods which forced prices down a bit again... but then that persons stockpile ran out, so then prices jumped again... and more stockpilers unloaded. This process went on for a while, we're not at the stage where almost every stockpiler has run out of goods and yet demand is still far higher than supply. More and more people are trying to supply them through LP (which are now worth 2-3 times more than they were a month ago).
It's an interesting situation. Made quite profitable as I was one of those enterprising individuals. What's the most interesting is that people are still manipulating some of the markets... which is really cool for me. Every time the prices go down they go back up a day later, so it's become a major windfall.
But the major point is that the prices would have never been so low if all the old timers hadn't come back and crashed the prices when the new graphics was launched. Once those old timers realized they should get more than 300isk per lp the prices have jumped... slowly they will dip again to around the 1000 isk/lp, at least until enough people start running missions again and force prices downward.
It's a persuasive story. I can verify that a number of people in my corp came back for trinity and ran a lot of missions. What bothers me is the claim that it was LP. If I were sitting on a pile of say, Caldari LP, I'd have cashed it in on CNRs or +5 implants before I bothered with +3 or +4. In the case of the CNRs, you don't even need to spend isk to get isk. The lower bonus implants are way underpriced compared to the +5 ones. I always thought storyline rewards were driving down the price of the +3/+4 implants. That's why I mentioned the research alt crowd. Those guys would have run a ton of storylines in order to get standing up quicker. But now that economic opportunity has dried up.
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Tasko Pal
Heron Corporation
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Posted - 2008.02.23 06:18:00 -
[3]
Originally by: Aldelphius
Honsetly this shoud have been expected, seeing as +5's were selling for 10-20m over cost, making lp's 100-200 isk each.
I stand corrected. I didn't realize the +5 implants were selling that low. That certainly sounds like LP store stuff. Are there other sources for +5 implants? I gather that there isn't, but I don't know.
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Tasko Pal
Heron Corporation
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Posted - 2008.02.25 23:58:00 -
[4]
Edited by: Tasko Pal on 25/02/2008 23:58:32
Incidentally, to get some idea of the scale of these operations, apparently someone popped a freighter (in January) in high sec space with 15 navy throns. That's 9 mil LP carried in one ship. Unfortunately, the freighter pilot managed to come back and pop the wreck before the ships could be removed. In low sec, that's probably around 1000 kill missions or 5000 courier missions (assuming good social skills).
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