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Kazzac Elentria
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Posted - 2008.08.26 14:04:00 -
[61]
Originally by: Shadarle
Originally by: Leowen Would be very interesting if CCP tried to pull something like this together though... IMHO I think their Economic Reports (where tf are they?) need filling out anyway.
Agreed, would be neat if CCP did this. Even if they didn't list names, if they just compiled the top 10 people or so and listed that out, to give a general idea of how much money is in the hands of the richest people.
I think a more interesting statistics which wouldn't require to give out names would be to take the top 500 richest players and then give the percentage of which
Never undock Primary stations in empire Are in a player corp with 5+ Area in a corp with alliance etc...
Then maybe some people would get a better idea of the scope of the amount of isk sitting idle in some of these players hands, and perhaps actually agree that we need more top tier industrial drop content.
Because honestly... I feel there is enough isk out there that if the top 10 people in the game colluded together they could seriously ruin some fun for everyone else for quite some period of time. |

Dennmoth Ferdier
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Posted - 2008.08.26 20:15:00 -
[62]
Anyone who says a person who has over 3 billion money isnt rich, really means that it's not that he isn't rich, it's just that I have a whole lot more. 3 billion is a lot of money. I have 163 million on my main. Yes, I'm not rich, had I a billion, I'd consider myself rich, just like a new miner in a navitas thinks having 5 mil is a lot. ------ Heart for isk, Balls for risk. |

Kushion
Anti Sweden Defense Force Virtue of Selfishness
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Posted - 2008.08.26 20:22:00 -
[63]
I think 3b is more like middle class. Not rich, but an improvement on poor. --
Taggart Transdimensional corporation - | Capitalism | Objectivism | 0.0 | No taxes | No mandatory ops | Join channel TAGGART for more |

Praetorian I
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Posted - 2008.08.26 21:00:00 -
[64]
In my mind, I'll consider myself middle class once I've started playing with exotics, say 1b in implants, a properly fitted faction BS, officer mods. 3b in NAV is not in this sandbox. 3b in ISK after all toys would be a meek entry point.
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Effei Gloom
Minmatar eXceed Inc. Triumvirate.
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Posted - 2008.08.26 22:42:00 -
[65]
2. Effei Gloom - T2 bpo trader - Estimated 103 billion.
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Shadarle
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Posted - 2008.08.26 22:51:00 -
[66]
Originally by: Dennmoth Ferdier Anyone who says a person who has over 3 billion money isnt rich, really means that it's not that he isn't rich, it's just that I have a whole lot more. 3 billion is a lot of money. I have 163 million on my main. Yes, I'm not rich, had I a billion, I'd consider myself rich, just like a new miner in a navitas thinks having 5 mil is a lot.
I guess it depends what you mean by rich.
If you open the definition to being "anyone who has a lot of ISK when compared to a beginner" then yes, 3b is rich.
But really, anyone who has played this game for more a year or more should be able to get to 3b without much effort, just a bit of time perhaps.
It is a very subjective term, basically meaning in my opinion, you are rich if you have more money than you need.
Another more technical way of defining it might be "anyone in the top 5% of the population wealth wise" or "anyone in the top 20% of the population wealth wise". The 80/20 rule would seem to point to that being the cut-off point, though I doubt being in the top 20% wealth wise is very tough to do. It may not even be 1 billion isk.
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scroft
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Posted - 2008.08.27 02:48:00 -
[67]
Hi all, not sure if this was mentioned but some figures do exist in the 2007 Q3 Economic Report figure 9. Based on the M1 "ISK in Wallets" value and the ~10% increase in single character "ISK in Wallets" estimated upto today....i would say that the amount of people with 1b isk in 2007 q3 would have 1.38b isk now.
Figure 9 (as far as i can tell ) seems to say that ~3% of single characters have > 1b isk. I would therefore assume that if rich is the top 3% of the population then it would mean those characters with more than 1.38b isk in wallet today.
With around 500,000 characters today (i guess) this would mean that 8600 characters have more than 1.38b isk in their wallets.
Doesn't seem like a lot of money to me so maybe i made a mistake somewhere.
Anyhow before we use middle-class / rich / super-rich / russian oligarch etc. we should define an "isk in Wallet" value.
Maybe i would use middle-class ( upto 1b), rich (upto 10b), super rich (upto 100b), russian oligarch (100b+)
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Ricdics
Corporate Placement Holding
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Posted - 2008.08.27 03:44:00 -
[68]
Some don't measure wealth by the weight of their wallet  |

Saint Lazarus
Spiorad ag fanaiocht
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Posted - 2008.08.27 03:52:00 -
[69]
Originally by: Ricdics Some don't measure wealth by the weight of their wallet 
Some of the poorest measure it in the quality of their friends
The dam bums -----------------
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Shadarle
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Posted - 2008.08.27 04:44:00 -
[70]
Originally by: Ricdics Some don't measure wealth by the weight of their wallet 
Rather, they measure it by the size of their... *ponders*
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Alex555
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Posted - 2008.08.27 07:58:00 -
[71]
we are not moving forward with the rating.
i think, it should be created. now we have to think the way to construct it. probably some help from ccp will be needed.
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Ricdics
Corporate Placement Holding
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Posted - 2008.08.27 08:07:00 -
[72]
Originally by: Shadarle
Originally by: Ricdics Some don't measure wealth by the weight of their wallet 
Rather, they measure it by the size of their... *ponders*

Will let you figure that out  |

Astorothe
Aperture Science Industries
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Posted - 2008.08.27 14:47:00 -
[73]
A good metric for measuring wealth is not necessarily net assets - but your ability to create it quickly and reliably in the game without cheating (GTCs).
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Shadarle
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Posted - 2008.08.27 15:53:00 -
[74]
Originally by: Astorothe A good metric for measuring wealth is not necessarily net assets - but your ability to create it quickly and reliably in the game without cheating (GTCs).
An even more impossible number to double check. Heck, I bet 99% of traders don't even know their actual daily profit. I happen to know my daily profit for the last 2 years precisely day by day because I keep track, but most people will tell guess and I promise you guesses on that sort of thing are always way off.
If you make 1 bil isk one day and 100 mil the next day and then 1 bil the next, most people will say "I make a bill a day!" even tho they only made 700 mil per day on average and in reality they prob make far less if you average it over a long period of time. People tend to remember the big numbers in their mind more than the small numbers.
Though it would of course be yet another category to list.
Three would be: Top ISK in wallet Top ISK earners now Wealthiest People Top ISK earners over their careers (Wealth/Number of days played)
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Kazzac Elentria
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Posted - 2008.08.27 17:30:00 -
[75]
Originally by: Astorothe A good metric for measuring wealth is not necessarily net assets - but your ability to create it quickly and reliably in the game without cheating (GTCs).
I don't bother with daily or weekly anymore since its just to much overhead for me to worry about and Im here to play not here for a second job.
I do however track my changes across accounts, trade lines monthly. |

Danari
Syncore
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Posted - 2008.08.28 10:17:00 -
[76]
I don't mind saying that I can instantly provide screenies showing in excess of 20bil in liquid assets, in addition to screenies proving in excess of 10bil for the destruction of shadfail towers, and 5bil in pvp expenses over the past 6 months. Selling primarily ravens. I must be mad 
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Danari
Syncore
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Posted - 2008.08.28 10:32:00 -
[77]
Originally by: Shadarle
Originally by: Ricdics Some don't measure wealth by the weight of their wallet 
Rather, they measure it by the size of their... *ponders*
Stupidity? You win eve.
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Shar Tegral
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Posted - 2008.08.28 10:39:00 -
[78]
Originally by: Danari Consistent Shadarle Trolling
Dude, you want to hate Shadarle, fine by me. Just could you stop swamping the boards with this crap? This is market discussion, not Danari hates Shadarle discussions.
To Shar -verb: 1 - To say what you mean. 2 - To say what it means. 3 - To say something mean. |

Alex555
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Posted - 2008.08.28 11:59:00 -
[79]
i think we should work with ccp closer on this matter. i have contacted CCP and got a positive reaction from them. Now i think we should come up with a completed product. We should provide a formula how wealth is calculated, which price (jita buy or sell) is going to be used. Moreover we should try to exclude all types of isk farmers, GTC sellers, plus, personally i don't know how distinguish personal wealth from borrowed one, i mean isks aquired through ipo or bonds, etc. Only people, who have risen their capitals through whatever they do in eve besides putting real money into the game, should be included into the game. Another problem is alli wallets. So there are more q's than a's But once a work starts we can solve all of them step by step
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Inoshuu
Caldari Lance Heavy Industries
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Posted - 2008.08.28 12:21:00 -
[80]
We should use Jita's buy price simply because of how fast you can get liquid cash for your assets
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Shadarle
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Posted - 2008.08.28 17:07:00 -
[81]
Edited by: Shadarle on 28/08/2008 17:11:35 Edited by: Shadarle on 28/08/2008 17:10:16
Originally by: Danari I don't mind saying that I can instantly provide screenies showing in excess of 20bil in liquid assets, in addition to screenies proving in excess of 10bil for the destruction of shadfail towers, and 5bil in pvp expenses over the past 6 months. Selling primarily ravens. I must be mad 
So you're worth 20 bil isk? The OP should throw you onto the list then at 20b. Right behind my poor alt. Keep up the Raven production!
EDIT> And wait, you spent 10b to destroy my tower? LOLLLLLZZZZZZ That is hilarious. I figured it cost you 1-2 bil at most. That makes me realize just how badly I am dominating you in this little war you are waging with me. I get to have incredibly entertaining and fun tower defenses and you lose 7 times more ISK than I do!   And to top it all off, my alt has more money than your main and you're still burning money that much faster than I am. This is going to be a short war :(
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Femintaki
Gallente Tech 1 Holdings Limited Tech Holdings Limited
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Posted - 2008.08.28 19:11:00 -
[82]
difficult to measure asset value.
Better to be poor and happy like me 
Quote: Do or do not - there is no try!
Quote: Seller of 200 Tech 2 products
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Tempest Kane
Amarr Reikoku Band of Brothers
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Posted - 2008.08.28 19:42:00 -
[83]
Edited by: Tempest Kane on 28/08/2008 19:44:42 I have seen API tools that are able to calculate full net worth of acounts by taking wallet, market and asset MINERAL value to acount for actuall total net worths..
it isnt perfect, im sure some great coder could address this to check eve-central for prices or perhaps even the contract market?? in anycase i think a realiable way to do this is possible, perhaps a possible eve-mon feature ?
In addition its my feeling that with char value taken into acount *yes yes i know its not popular but it IS a comedity* then most people are in the general net worth of 25bill with a few alts when they take capital able chars into consideration...
On standard asset/wallet/market calcs i suspect you would find that 50bill total is about the mark for people you may consider "super rich" with dyspo moon huggers and long term bpo holders hitting the 250bill mark without too much issue...
Do people have that much sat around in liquid isk? most likely not, i suspect alot of isk at that level is active eaither on the market , investment opertunity or alliance level deployments. __________________________________________ - Tempest Kane, Band Of Brothers.
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Kazzac Elentria
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Posted - 2008.08.28 19:48:00 -
[84]
Originally by: Tempest Kane Edited by: Tempest Kane on 28/08/2008 19:44:42
Do people have that much sat around in liquid isk? most likely not, i suspect alot of isk at that level is active eaither on the market , investment opertunity or alliance level deployments.
I think it would likely shock some of you, MD goers included, some of the insane amounts of capital that gets thrown around in attempts to manipulate items from day to day, and week to week.
Next time you see manipulation in progress. Calculate how much was spent to put that in motion, and bear in mind that the trader doing it is likely not putting all their eggs in one basket.
Hell, I can make 3 bil profit in a single trade move at times given the capital at my disposal. |

Femintaki
Gallente Tech 1 Holdings Limited Tech Holdings Limited
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Posted - 2008.08.28 20:05:00 -
[85]
The issue comes with trying to value assets that have no mineral value equivalent.
For example - suppose a character had in excess of 150 Tech 2 BPOs of all types (Mods, Ships, Ammo etc), valuing those to any degree of certainty is almost impossible as a T2 BPO value is simply what someone else would be willing to pay.
Nevertheless, it would be interesting to see a list of this sort if there were a way to value things consistently.
Quote: Do or do not - there is no try!
Quote: Seller of 200 Tech 2 products
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YouGotRipped
Ewigkeit
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Posted - 2008.08.28 20:19:00 -
[86]
Originally by: Roguehalo Much more interesting question is at what point did you lose serious interest in making more isk?
For me it happened at about 15b.
Tempus fugit.
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Shadarle
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Posted - 2008.08.28 20:44:00 -
[87]
Originally by: Femintaki The issue comes with trying to value assets that have no mineral value equivalent.
For example - suppose a character had in excess of 150 Tech 2 BPOs of all types (Mods, Ships, Ammo etc), valuing those to any degree of certainty is almost impossible as a T2 BPO value is simply what someone else would be willing to pay.
Nevertheless, it would be interesting to see a list of this sort if there were a way to value things consistently.
Perhaps if you were just given 150 of them at once it would be hard to value them quickly. But I promise you that most people who own T2 BPO's know approximately what they are worth. I most definitely know the approximate value of every asset in the 1bil+ range. I'm shocked if there are many people who don't.
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Femintaki
Gallente Tech 1 Holdings Limited Tech Holdings Limited
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Posted - 2008.08.28 21:09:00 -
[88]
Edited by: Femintaki on 28/08/2008 21:15:52
Originally by: Shadarle
Originally by: Femintaki The issue comes with trying to value assets that have no mineral value equivalent.
For example - suppose a character had in excess of 150 Tech 2 BPOs of all types (Mods, Ships, Ammo etc), valuing those to any degree of certainty is almost impossible as a T2 BPO value is simply what someone else would be willing to pay.
Nevertheless, it would be interesting to see a list of this sort if there were a way to value things consistently.
Perhaps if you were just given 150 of them at once it would be hard to value them quickly. But I promise you that most people who own T2 BPO's know approximately what they are worth. I most definitely know the approximate value of every asset in the 1bil+ range. I'm shocked if there are many people who don't.
I have over 150 Tech 2 BPOs purchased over a period of around 4 years. I know what I paid for them, but that bears no relation to their current worth.
A small sample of 5 random BPOs:
Ares BPO - 100 mil Taranis BPO - 100 mil Small Armor Repairer II BPO - 15 mil Medium Shield Extender II BPO - 4 mil Medium Armor Repairer II BPO - 30 mil
I can guess at what they are worth, but I don't know for certain.
[Edit] Actually their current worth is of little consequence to me in many respects as I have no wish, desire or intention to sell them (except in the case where I have multiples of a given BPO)
Quote: Do or do not - there is no try!
Quote: Seller of 200 Tech 2 products
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Shadarle
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Posted - 2008.08.28 21:32:00 -
[89]
Originally by: Femintaki Edited by: Femintaki on 28/08/2008 21:15:52
Originally by: Shadarle
Originally by: Femintaki The issue comes with trying to value assets that have no mineral value equivalent.
For example - suppose a character had in excess of 150 Tech 2 BPOs of all types (Mods, Ships, Ammo etc), valuing those to any degree of certainty is almost impossible as a T2 BPO value is simply what someone else would be willing to pay.
Nevertheless, it would be interesting to see a list of this sort if there were a way to value things consistently.
Perhaps if you were just given 150 of them at once it would be hard to value them quickly. But I promise you that most people who own T2 BPO's know approximately what they are worth. I most definitely know the approximate value of every asset in the 1bil+ range. I'm shocked if there are many people who don't.
I have over 150 Tech 2 BPOs purchased over a period of around 4 years. I know what I paid for them, but that bears no relation to their current worth.
A small sample of 5 random BPOs:
Ares BPO - 100 mil Taranis BPO - 100 mil Small Armor Repairer II BPO - 15 mil Medium Shield Extender II BPO - 4 mil Medium Armor Repairer II BPO - 30 mil
I can guess at what they are worth, but I don't know for certain.
[Edit] Actually their current worth is of little consequence to me in many respects as I have no wish, desire or intention to sell them (except in the case where I have multiples of a given BPO)
This seems rather odd to me. I personally feel like I need to know the value of the BPO's to know if they are worth producing or not. I need to know the profit per unit, the profit per month, and per year. This basically lets you know the value of the BPO if you were to sell it. It used to be that 12 months profit was the value of the BPO, now it's closer to 2-3 if not up to 5 times that or more in some cases. But someone with as many T2 BPO's as you probably knows which are worth more or less.
Of course you don't know if one BPO will sell for 15 bil or 16 bil, or another will sell for 500 mil or 600 mil, but in general you should know the basic value. Because if you don't know the value then that would also mean you don't even know if you're making money producing the item...
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Femintaki
Gallente Tech 1 Holdings Limited Tech Holdings Limited
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Posted - 2008.08.28 21:52:00 -
[90]
Originally by: Shadarle This seems rather odd to me. I personally feel like I need to know the value of the BPO's to know if they are worth producing or not. I need to know the profit per unit, the profit per month, and per year. This basically lets you know the value of the BPO if you were to sell it. It used to be that 12 months profit was the value of the BPO, now it's closer to 2-3 if not up to 5 times that or more in some cases. But someone with as many T2 BPO's as you probably knows which are worth more or less.
Of course you don't know if one BPO will sell for 15 bil or 16 bil, or another will sell for 500 mil or 600 mil, but in general you should know the basic value. Because if you don't know the value then that would also mean you don't even know if you're making money producing the item...
It depends on what your measure is in regards to the BPO itself.
All that matters to me is what does it cost me to build an item and what can I sell it for - nothing else really matters as I don't personally factor the cost of the BPO into that equation. Perhaps my attitude tot his is basedon the length oftimeI have been in the T2business and the attitude I have taken to it.
For example - my Taranis BPO cost me 100 mil, I can build 37 a week at a cost of approximately 185 mil (5 mil each) and I sell them for approximately 370 mil (10 mil each). The Taranis BPO pays for itself every week and then some, it has been doing so with varying profit margins for over 4 years - sometimes the ships have sold for 15 mil each other times for 7 mil each. It is a similar story with a large number of the BPOs I own.
I don't intend to ever sell the BPO, why should it matter to me to know what it is worth?
As for knowing whether I am making a profit or not - I guess Ido OK because I still buy BPOs on a regular basis and industry is my primary income source 
Quote: Do or do not - there is no try!
Quote: Seller of 200 Tech 2 products
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