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Trit prices: where to next?

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Daeva Vios New Eden Credit Bureau	Posted - 2008.04.15 23:10:00 - [31] Edited by: Daeva Vios on 15/04/2008 23:11:02 Edited by: Daeva Vios on 15/04/2008 23:10:30 Imagine, the shuttle being a worthwhile blueprint. It would be interesting to see if the demand truly is as high as the doomcriers seem to believe. If the demand truly is that high, there will be a significant period of time when shuttles will yield worthwhile profits. It's worth noting that one item I had fun trading when the price of trit was low were the shuttles I'd acquired from a region-wide buy order of several thousand pieces at rock-bottom prices. I'd re-list the shuttles for just below NPC prices and they'd move fairly quickly. It was at a better price than I could get for the trit they would've yielded, but ultimately not worthwhile as a trade item. I wonder if that will change... ------------------------------------- NECB
Selene D'Celeste Caldari The D'Celeste Trading Company	Posted - 2008.04.15 23:57:00 - [32] I didn't actually think about that. I'll have to start making hundreds of shuttles and scattering them acros the galaxy for my characters. In other news, those of you who thought trit was going to stay at 5-6 for more than a few hours are amusing =P
Roemy Schneider BINFORD	Posted - 2008.04.16 00:25:00 - [33] i believe, as soon as trit hits 14.8 isk and passes arkonor in value (today's zyd and meg price), the devs will find an alternative -.- - putting the gist back into logistics
Jennai The Greater Goon	Posted - 2008.04.16 00:36:00 - [34] Originally by: Ki Anna Originally by: Pang Grohl Because of these factors mining frigates could replace shuttles both as a source of low-end minerals, and as a cost effective small cargo ship, when their price gets high enough. Are any frigates still sold by NPC's? I am having a hard time confirming this using out-of-game tools and cannot currently log in to verify it myself. there are no NPC frigate orders left in Essence. the (tiny and overpriced) sell orders of the mid-to-long range small ammos have also been removed.
Lord Fitz Antares Fleet Yards SMASH Alliance	Posted - 2008.04.16 01:44:00 - [35] Originally by: Roemy Schneider i believe, as soon as trit hits 14.8 isk and passes arkonor in value (today's zyd and meg price), the devs will find an alternative -.- I'm more and more thinking the alternative will be to shut down 0.0 and have everyone mining veld in 1.0 sec instead. If they actually fixed it properly the cap wouldn't be an issue because there would be plenty of supply.
Ava Santiago Minmatar	Posted - 2008.04.16 02:02:00 - [36] I'm sorry.. Trit's still selling for 2.35. Not sure what region your in but the price spike (if it exists) is very local. Concord doesn't provide consequences. Concord provides insurance payouts.
Kwint Sommer Lothian Quay Industries	Posted - 2008.04.16 02:08:00 - [37] Originally by: Ava Santiago I'm sorry.. Trit's still selling for 2.35. Not sure what region your in but the price spike (if it exists) is very local. The lowest sell in Jita is 3.90 and the lowest with any appreciable quantity is 3.99. The highest large buy order is 3.42. What region are you in? Purchasing and Shipping Moon Minerals
MilowFV Echo Heavy Industries	Posted - 2008.04.16 02:39:00 - [38] Would 2.35 isk/trit happen to be in a low sec system? I am not sure when I ve seen a highsec system with any large amount of trit at 2.35 in awhile.
Lord Fitz Antares Fleet Yards SMASH Alliance	Posted - 2008.04.16 02:45:00 - [39] Originally by: Ava Santiago I'm sorry.. Trit's still selling for 2.35. Not sure what region your in but the price spike (if it exists) is very local. It doesn't matter what it sells for in some out of the way station at 2 isk, if I'm sitting here looking at over a BILLION units with a BUY price of 3.11-3.23 isk in an outer empire highsec system, the value is somewhere above that. The 'real' value is ALWAYS between the buy and the sell orders. It doesn't have anything to do with how cheap you can find it, that's simply trade.
Ava Santiago Minmatar	Posted - 2008.04.16 02:45:00 - [40] Metropolis Concord doesn't provide consequences. Concord provides insurance payouts.
Zora Gallente Tau Expeditions	Posted - 2008.04.16 03:23:00 - [41] So far in jita, it seems that manipulators tried to push up the price but too many people got impatient and started reselling huge volumes right away, undercutting each other in the process. The highest I saw was about 6.14 in sell orders and 4.10 in buy orders, but by now it has settled down quite a bit. huge volumes being moved all the time, but I think we will see the price move back to the established price base or even lower due to all the manipulation attempts. The npc shuttle removal really doesn't change as much as the psychological reaction people seem to be having about it. Like akita pointed out, prices were already established way below the cap for a long time. Exciting to watch the market move in almost realtime though. Made quite a bit of money off the manipulators as well, so not bad at all ;)
papamikeforthewin Amarr	Posted - 2008.04.16 04:05:00 - [42] Originally by: Ava Santiago Edited by: Ava Santiago on 16/04/2008 02:45:55 Metropolis - it does not appear minmater space has yet been affected by the manipulators. Id imagine a reason for this would be from JF plush convoys coming in from the Drone regions and dumping around Frul and Konora. They are moved for the zydrine but the trit is generally dumped at low market sell order prices.
Astorothe Aperture Science Industries	Posted - 2008.04.16 04:13:00 - [43] Originally by: LaVista Vista Oh well, since my thread in general discussion was removed, lets go on here. Well what did you expect for trying to post something constructive in GD? Deus Ex Machina ~ Eve Corporation, Web Design, Gaming News, Music & Gadgets Blog
Shadarle	Posted - 2008.04.16 04:51:00 - [44] The price of trit was not capped by shuttles currently anyhow. Rather, it wasn't at that cap. So I don't understand why removing shuttles would change anything. The only reason prices are up is ludicrous speculation.
MilowFV Echo Heavy Industries	Posted - 2008.04.16 05:32:00 - [45] I sold all my trit at 3.89 I wasnt sure even why it was going up sense it was hovering around 3.35 plus or minus in Jita before they remove the shuttles. I have to agree with Shadarle though no real reason for the price to go up so I was happy to sell out even if I didnt hit the high.
LaVista Vista Conservative Shenanigans Party	Posted - 2008.04.16 05:38:00 - [46] Originally by: Shadarle The price of trit was not capped by shuttles currently anyhow. Rather, it wasn't at that cap. So I don't understand why removing shuttles would change anything. The only reason prices are up is ludicrous speculation. How so? The cap relationship was clearly defined in the last QEN. As the volume of trit moved upwards, the volume of shuttles bought was identical. So from that we must assume that the shuttles WERE the cap. How can it be otherwise? Do people have hamster shuttles when prices go up, just to make sure they have trit if the market goes empty, just like people do in America if it starts snowing?
Lord Fitz Antares Fleet Yards SMASH Alliance	Posted - 2008.04.16 05:48:00 - [47] Edited by: Lord Fitz on 16/04/2008 05:51:30 Originally by: Ava Santiago Edited by: Ava Santiago on 16/04/2008 02:45:55 Metropolis - it does not appear minmater space has yet been affected by the manipulators. There are buy orders for 3.27 isk in Metropolis, and the market history shows 1.6 billion units moved on the 13th for an average of 3.0 isk. The average price for trit in Metropolis in September/October last year was over 3 isk/unit. There are many many large orders over 3 isk that are over a month old, so you are either deliberately lying or you flat out don't know how to read the market. It's true you can still buy limited quantities of trit there for as little as 2.7 isk/unit (many jumps into lowsec), but you can't even get enough to fill a freighter if you go up to 3 isk/unit. So quite simply the answer is Metropolis doesn't have very much demand for trit, nor very much for sale, it doesn't matter if it is cheap there, the fact that something is cheap in tiny quantities is common no matter what the product, you are in effect discounting in exchange for the effort required to move it, which is quite substantial. It's true though Metropolis has one of the lowest trit costs for all the regions, however it is going to be lower as a %, when the price rises in the Forge, it does rise in Metropolis, just not as high. We HAVE hit the trit cap before, but were not hitting it at the time the change made, so alot of the price now is manipulation, however a price > 3 isk is not unexpected. Not to mention some people probably paid the extra isk to get their trit from shuttles before, even though it was substantially cheaper not to, for the convenience factor.
Segge Bolled Caldari Dirty Sexy Pilots New Age Solutions Amalgamated	Posted - 2008.04.16 05:55:00 - [48] So, I just looked at a couple region markets for Tritanium prices, etc. Holy ****!
Lord Fitz Antares Fleet Yards SMASH Alliance	Posted - 2008.04.16 05:57:00 - [49] Originally by: LaVista Vista How so? The cap relationship was clearly defined in the last QEN. As the volume of trit moved upwards, the volume of shuttles bought was identical. The shuttles capped the price @ 3.6 isk/unit it is true, but before the patch you could buy trit for 3-3.3 isk / unit, when the price neared 3.6 isk / unit THEN the shuttles spiked, the relationship with the volume of shuttles was not identical, the huge spike in the sales of shuttles coincided with trit reaching almost 3.6 isk/unit (just under there some people would still buy for convenience, and it's impossible for it to go much above as anyone could with very little effort generate more trit. The main reason trit has gone up is because of insurance, and the cost of higher end products going down. We hit the cap when isogen/nocx/megacyte started to hit record lows, trit went up in response. The insurance payout is the real market cap, the basket as a whole can only get that low, when one goes down one or more must come up.
Lord Fitz Antares Fleet Yards SMASH Alliance	Posted - 2008.04.16 06:13:00 - [50] Out of interest, here's the caldari shuttles graph for the Forge http://dl.eve-files.com/media/0804/shuttles.jpg As you can see, when we did hit the price cap (around october), the sales of shuttles spiked. But then fell and was totally flat (ie the cap wasn't being used), until the 10th April, were 76,000 odd shuttles were sold, though the number of people buying shuttles that day isn't over the ordinary. So my guess is one guy knew this change was happening before the rest of us. (of course it's nearly impossible to prove or disprove, and I bet he knows that.)
Danari Viper Squad Triumvirate.	Posted - 2008.04.16 08:55:00 - [51] Edited by: Danari on 16/04/2008 08:58:29 Hmm I have visibility into one of the racial capitals, and the 7-day buy average of trit and the current day's buy price of trit are both under 3.3. Sounds like Jita is the suck-all capital of the universe. lol and I'll bet a million units of trit that the above 2.35 was a typo for 3.25.
Confuzer Polaris Project Curatores Veritatis Alliance	Posted - 2008.04.16 09:03:00 - [52] Ow goody goody... I smell a price change. Ow my assets... you will liquify so fast now. Show me the profit! $-$ ----------------- Destiny is not a matter of chance. It is a matter of choice. It's not a thing to be waited for - it is a thing to be achieved.
SencneS Amarr Rebellion Against big Irreversible Dinks The Cyrene Initiative	Posted - 2008.04.16 12:26:00 - [53] Umm look around for an NCP mod... you'll see that 4.5 per unit is the cap, and you can make upward of 2 billion units of Trit in a single station. It's still capped, and it's capped until these mods (and notice I said Mods meaning there is more then one) is removed, which will be unlikely but they should be. Amarr for Life
Alex Redwidth	Posted - 2008.04.16 13:48:00 - [54] As soon as I saw this my mining chars ran for 1.0-0.9 sec, lots of dense veld. I can't believe the number of people who claim this won't affect trit prices much, overnight shuttles in my region have gone from 9k to 23k at least and I'm consistently selling trit now for 3.8-4.0ISK. Seems like there'd be a market in finding which is the cheapest frig to make and selling that competively against shuttles.
Letrange Minmatar Chaosstorm Corporation Apoapsis Multiversal Consortium	Posted - 2008.04.16 14:41:00 - [55] "Please allow me to introduce myself, I'm a man of wealth and taste" Ok, on a more somber note: Anyone buying a shuttle for over 63k is simply slooooooow or in beyond desperate hurry. Shuttle BPO: 45k (note this should be a one time cost) 4050 of trit at 4isk a pop: 16200 isk (assuming that perfect shuttle recipe was 3k trit - I'm at work someone else correct me - and the person making the shuttle has NO manufacturing skills and the price of trit is at 4) Manufacturing costs: what arround 1100isk to be conservative? I mean come on. just buy some slashers or atrons till the price stabilizes if your that desperate. one of my buddies who has practicaly no skills just told me it was 3400trit for him.
Robacz Essence Trade Essence Enterprises	Posted - 2008.04.16 14:50:00 - [56] Originally by: LaVista Vista Originally by: Shadarle The price of trit was not capped by shuttles currently anyhow. Rather, it wasn't at that cap. So I don't understand why removing shuttles would change anything. The only reason prices are up is ludicrous speculation. How so? The cap relationship was clearly defined in the last QEN. As the volume of trit moved upwards, the volume of shuttles bought was identical. So from that we must assume that the shuttles WERE the cap. How can it be otherwise? Do people have hamster shuttles when prices go up, just to make sure they have trit if the market goes empty, just like people do in America if it starts snowing? What he meant is that trit price before they removed shuttles was under shuttle cap. It was like 3.4-3.5. So when tritanium is traded at this price and shuttles are removed, it shouldn't have any significant effect (as they were not used as source for trit anyway). Btw the price is dropping already.
Brisco Smiley Peppermint Bay Trading Company	Posted - 2008.04.16 15:22:00 - [57] Through extensive research into this, a lot of my contacts in the moon industry, and a few other sources I cannot reveal, the price is going to shoot up substantially in the near future. A lot of people are about to work together to triple the price, to do this they are going to start holding back all their produced units for a week and will pool their money to buy out the market. This will happen within 48 hours.
Havok Pierce Gallente D00M. Triumvirate.	Posted - 2008.04.16 15:30:00 - [58] Originally by: Letrange "Please allow me to introduce myself, I'm a man of wealth and taste" Ok, on a more somber note: Anyone buying a shuttle for over 63k is simply slooooooow or in beyond desperate hurry. Shuttle BPO: 45k (note this should be a one time cost) 4050 of trit at 4isk a pop: 16200 isk (assuming that perfect shuttle recipe was 3k trit - I'm at work someone else correct me - and the person making the shuttle has NO manufacturing skills and the price of trit is at 4) Manufacturing costs: what arround 1100isk to be conservative? I mean come on. just buy some slashers or atrons till the price stabilizes if your that desperate. one of my buddies who has practicaly no skills just told me it was 3400trit for him. No ME, perfect build skills is 2750, 2500 "perfect" ME (don't know the number offhand). Originally by: CCP Wrangler There's a Community petition category??
Letrange Minmatar Chaosstorm Corporation Apoapsis Multiversal Consortium	Posted - 2008.04.16 18:12:00 - [59] Originally by: Havok Pierce No ME, perfect build skills is 2750, 2500 "perfect" ME (don't know the number offhand). Tks. Either way it just lowers the price point. My point here is that if you're desperate enough to buy a shuttle at 1mil you really should be aware that the MAX cost for doing it yourself is much much much lower. Course if your mission isk is that much higher that buying a 1mil is shuttle allows you to make more per hour - then go ahead. I'm trying to point out that the FUD over reaction going on now is ridiculous. If you're that desperate, just get someone from your corp in a fast frigate head to empire, pick up a bpo of the closest shuttle, head back to 0.0 melt some rat loot and build a bunch of shuttle. Put them in the common hangar of your corp and the pilots can just grab em as they need em. It's just not that hard.
Shadarle	Posted - 2008.04.16 18:33:00 - [60] Originally by: Robacz Originally by: LaVista Vista Originally by: Shadarle The price of trit was not capped by shuttles currently anyhow. Rather, it wasn't at that cap. So I don't understand why removing shuttles would change anything. The only reason prices are up is ludicrous speculation. How so? The cap relationship was clearly defined in the last QEN. As the volume of trit moved upwards, the volume of shuttles bought was identical. So from that we must assume that the shuttles WERE the cap. How can it be otherwise? Do people have hamster shuttles when prices go up, just to make sure they have trit if the market goes empty, just like people do in America if it starts snowing? What he meant is that trit price before they removed shuttles was under shuttle cap. It was like 3.4-3.5. So when tritanium is traded at this price and shuttles are removed, it shouldn't have any significant effect (as they were not used as source for trit anyway). Btw the price is dropping already. Robacz summed up my point nicely. But I'd like to point out again for people how easily statistics can confuse people. LV sees a dev post something and completely throws out logic and common sense because of it. If you look at the data then it's clear shuttles were not affecting the price of trit recently, they did at one point, but they weren't recently. Statistics are wrong 44.19% of the time, always remember that. They can also be used to prove any point.

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