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CCP, farmer ISK became dirt cheap, GTC prices rose up to half a bil

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Tasuk	Posted - 2008.09.14 10:28:00 - [1] Edited by: Tasuk on 14/09/2008 10:32:42 Farmer ISK prices have dropped to the lowest point I have ever seen them in the past 2 years. Meanwhile GTC prices are surpassing 500-600 million per code. Players are paying twice as much per month of game time in ISK as they used to a year ago. Many are closing down their alt accounts because they find it difficult not only to save up half a billion ISK but also to simply find a game time code seller nowadays. May be it is time to allocate more personnel and hours to crackdown on those farmer conglomerates and all those bots, macros, ISK spammers etc that we keep reporting?
MotherMoon Huang Yinglong	Posted - 2008.09.14 10:31:00 - [2] Originally by: Tasuk Farmer ISK prices have dropped to the lowest point I have ever seen them in the past 2 years. Meanwhile GTC prices are surpassing 500 million per code. Players are paying twice as much per month of game time in ISK as they used to a year ago. Many are closing down their alt accounts because they find it difficult not only to save up half a billion ISK but also to simply find a game time code seller nowadays. May be it is time to allocate more personnel and hours to crackdown on those farmer conglomerates and all those bots, macros, ISK spammers etc that we keep reporting? the fact that the isk is cheap means they are getting cuaght, the less demand the lower the prices go. in other words people would rather trade GTCs than buy isk because CCP is doing a damn good job. if this continues it will be all GTC and isk farmers will eve forever as there is no more demand. playrs won't be paying 450 million isk for 60 for long, it's all based on how fast the time is selling. and it seems like the gametime is selling damn quick resently.
Banana Torres Federal Defence Union	Posted - 2008.09.14 10:34:00 - [3] Dearest CCP, George W. Bush has destroyed the American economy and so now people can't affort to buy GTCs or pay for game time in dollars. So the number of GTCs for sale is lower and the number of GTC buyers is larger. So the price of GTCs has risen. So, CCP, please invade the US and stop a pig with lipstick and his gun totin' running mate being elected so that the price of GTCs fall again. Much Love and Kisses Your Dearest and Cuddliest Friend, Banana Torres P.S. Dunno if the above speculation is true, but it makes more sense than the OP.
MotherMoon Huang Yinglong	Posted - 2008.09.14 10:35:00 - [4] Originally by: Banana Torres Dearest CCP, George W. Bush has destroyed the American economy and so now people can't affort to buy GTCs or pay for game time in dollars. So the number of GTCs for sale is lower and the number of GTC buyers is larger. So the price of GTCs has risen. So, CCP, please invade the US and stop a pig with lipstick and his gun totin' running mate being elected so that the price of GTCs fall again. Much Love and Kisses Your Dearest and Cuddliest Friend, Banana Torres P.S. Dunno if the above speculation is true, but it makes more sense than the OP. yes please :( stupid eve board game and eve models are damn expensive because our stupid goverment.
Tasuk	Posted - 2008.09.14 10:37:00 - [5] Edited by: Tasuk on 14/09/2008 10:37:23 Originally by: MotherMoon the fact that the isk is cheap means they are getting cuaght, the less demand the lower the prices go. in other words people would rather trade GTCs than buy isk because CCP is doing a damn good job. if this continues it will be all GTC and isk farmers will eve forever as there is no more demand. playrs won't be paying 450 million isk for 60 for long, it's all based on how fast the time is selling. and it seems like the gametime is selling damn quick resently. Actually when farmers are having a hard time their ISK becomes more expensive, not cheaper. Remember the time that Goons waged a jihad on all the high sec farmers? And suicide killed probably hundreds of mining barges? Well if you were watching the farmer ISK prices at that time they jumped about 20-30% upward, not downward. High ISK prices indicate farmers are in trouble. Low ISK prices means they are farming in easy mode, which is what is happening now.
Zeba Minmatar Pator Tech School	Posted - 2008.09.14 10:38:00 - [6] How ****ing hard can it be to rustle up an extra $15 a month? Mow some old persons lawn, cut out 3 packs of cigs a month, don't buy that lame cd with only 1 passable hit on it, buy one cheap meal in place of an expensive one, save the change from all your monthly purchases and start 3 new accounts with it, 8373205 other ways to make $15 measly bucks. Kids nowadays. inappropriate signature. ~WeatherMan
Borg 6517	Posted - 2008.09.14 10:39:00 - [7] 600mil now this is insane in next 2 months there will only bots and farmers playing this game
Banana Torres Federal Defence Union	Posted - 2008.09.14 10:40:00 - [8] Originally by: Borg 6517 600mil now this is insane in next 2 months there will only bots and farmers playing this game And me.
Tasuk	Posted - 2008.09.14 10:45:00 - [9] Originally by: Borg 6517 600mil now this is insane in next 2 months there will only bots and farmers playing this game Which is what is happening on the GTC forum right now. Real player buyers are being replaced with customers like jinguyang sdhoiufu and golndgold who can afford paying 500-600 mil ISK no problems since they are farming the game 23/7.
Abrazzar	Posted - 2008.09.14 10:46:00 - [10] Originally by: Borg 6517 600mil now this is insane in next 2 months there will only bots and farmers playing this game Isn't that what the Borg want? Fully and half automated reality? -------- Ideas for: Mining
Antonia Frak Republic University	Posted - 2008.09.14 10:47:00 - [11] Just a theory. Maybe could be that GTC offer is cut in half because there are not so much wars/jihads/whatever and there is not so much need for isk so people don't buy/resell GTC as much as they did. But as demand keeps constant because it's only about being subscribed, not because of wars, etc. the GTC prices rises.
Steve Hawkings	Posted - 2008.09.14 10:49:00 - [12] Originally by: Borg 6517 600mil now this is insane in next 2 months there will only bots and farmers playing this game Nope, most people pay cash. Time is not Money and minerals i mine are free!!
Steve Hawkings	Posted - 2008.09.14 10:51:00 - [13] There are always greedy people on at the weekends, the price will go down again, afterall the *****s that buy gtcs for cash and sell for imaginary money are a strange lot. Time is not Money and minerals i mine are free!!*
Veldya Caldari Guristari Freedom Fighters	Posted - 2008.09.14 11:01:00 - [14] Edited by: Veldya on 14/09/2008 11:01:46 I'm no isk farming expert like some other posters (I have no reason to check their prices or monitor them) but I would imagine prices are based on supply, demand, stock level and competition. I really haven't seen in-game prices vary that dramatically in the last 6 months so I would assume a drop in the price is largely due to over-supply or competition. If ISK farmer A keeps undercutting ISK farmer B and he is not selling as much and his stock goes up and his income come down he will drop the price to move some stock. That goes on and on until it hits an equilibrium between supply, demand, stock level and competition. If prices drop too low then demand will likely thrive until stock starts to deplete then prices will push back up. That is my guess. If CCP was effective in eliminating the ISK farmers you would think the prices would skyrocket as competition and stock levels would make supply the biggest factor.
Vaal Erit Science and Trade Institute	Posted - 2008.09.14 11:16:00 - [15] Well I think we are seeing that a good number of GTC buyers that have hit their limit of what they are willing to pay. And like all whiners, oh boy are they upset. -Trolling the timecode bazaar, maybe some seller threads are fakes, but the with the current system you cannot distinguish a fake post from a real post. -Blaming isk farmers for the rising prices. -Claiming that many people will not buy GTC and EVE will slowly decline or die from this change. -Demanding that CCP change the prices. You guys are nuts. If you would like to post some concrete proof of the relationship between isk sellers and GTC timecode sales, then by all means do so. But whining is never helpful and makes you look stupid. -- http://desusig.crumplecorn.com/sigs.html
Furb Killer Gallente The first genesis Veritas Immortalis	Posted - 2008.09.14 11:26:00 - [16] Can someone explain this to me because i dont really get it: GTC becomes more expensive to buy with isk -> People who buy gtc and sell them for isk get more isk in return -> Those who want to buy isk with real money got less reason to use illegal ways to buyt it from farmers -> Farmers make less profit, or got to lower their prices to keep demand up and still make less profit -> Farmers go to farm in another game since it isnt profitable anymore in eve Which part am i missing?
Redback911 Malevolent Intentions	Posted - 2008.09.14 11:26:00 - [17] Pay for the game.
Zhenga Black Thorn Enterprises	Posted - 2008.09.14 11:28:00 - [18] Originally by: Banana Torres Dearest CCP, George W. Bush has destroyed the American economy and so now people can't affort to buy GTCs or pay for game time in dollars. So the number of GTCs for sale is lower and the number of GTC buyers is larger. So the price of GTCs has risen. So, CCP, please invade the US and stop a pig with lipstick and his gun totin' running mate being elected so that the price of GTCs fall again. Much Love and Kisses Your Dearest and Cuddliest Friend, Banana Torres P.S. Dunno if the above speculation is true, but it makes more sense than the OP. Well I support Bush and John McCain. Bush has not ruined my economy. Osama Obama will destroy it tho . I guess I better get selling these GTC's. Sounds like it would be cheap iskies.
Concorduck Gallente	Posted - 2008.09.14 11:29:00 - [19] --------------------> FREE MMORPGs, that way ----------------------------------------- Originally by: Crumplecorn Contact the CSM about it, voting themselves into disbandment wouldn't be pushing the boundaries of absurdity for them.
Veldya Caldari Guristari Freedom Fighters	Posted - 2008.09.14 11:29:00 - [20] Normally I am against RTCs because they have a very harmful impact on simple economic system with largely static prices. However, EVE is more robust. If you mine excessively it has a sever impact on the price. Rumor has it that they ice mine largely, and the ice products have taken a massive tumble to the point it is not really economically feasible for anyone to mine ice unless you are afk-mining for personal use. I just feel EVE doesn't give massive value for money in terms of account level value. You get one account with 3 characters and only one can train. By MMO standards it is extremely poor, especially when you have so many different roles, so many skills. I haven't seen any real evidence to suggest RTCs have done any long-term damage to the economy as a whole. EVE has few real money sinks so a lot of the money geneated stays in the economy, it changes hands a lot and all the infinite sources of money keep on going year after year. EVE's economy is much like a third world nation that prints money non-stop, of course inflation will run riot. I don't blame anyone wanting to reduce the cost of playing the game, be it via GTCs or RTCs. CCP should open up training on all character slots. You would see a dramatic reduction in the need for multiple accounts, a massive chunk of multiple accounts are for training purposes. However, it will hit CCP's bottom line and they probably have no reason to do so.
Tasuk	Posted - 2008.09.14 11:31:00 - [21] Originally by: Furb Killer Can someone explain this to me because i dont really get it: GTC becomes more expensive to buy with isk -> People who buy gtc and sell them for isk get more isk in return -> Those who want to buy isk with real money got less reason to use illegal ways to buyt it from farmers -> Farmers make less profit, or got to lower their prices to keep demand up and still make less profit -> Farmers go to farm in another game since it isnt profitable anymore in eve Which part am i missing? It works the other way: farmers prices drop people stop buying gtcs gtc prices rise people close down their additional accounts farmers sell moar isk, ccp sells less game time game suffers I watch farmer ISK prices because they are typically one of the indicators where the GTC prices will go, up or down
Malcanis RuffRyders Axiom Empire	Posted - 2008.09.14 11:32:00 - [22] Originally by: MotherMoon Originally by: Tasuk Farmer ISK prices have dropped to the lowest point I have ever seen them in the past 2 years. Meanwhile GTC prices are surpassing 500 million per code. Players are paying twice as much per month of game time in ISK as they used to a year ago. Many are closing down their alt accounts because they find it difficult not only to save up half a billion ISK but also to simply find a game time code seller nowadays. May be it is time to allocate more personnel and hours to crackdown on those farmer conglomerates and all those bots, macros, ISK spammers etc that we keep reporting? the fact that the isk is cheap means they are getting cuaght, the less demand the lower the prices go. in other words people would rather trade GTCs than buy isk because CCP is doing a damn good job. That's one possible interpretation. Another might be that supply has increased.
Tasuk	Posted - 2008.09.14 11:32:00 - [23] Originally by: Redback911 Pay for the game. i am paying with my time, may be yours is free, mine isn't
Zhenga Black Thorn Enterprises	Posted - 2008.09.14 11:33:00 - [24] Edited by: Zhenga on 14/09/2008 11:34:04 Originally by: Steve Hawkings There are always greedy people on at the weekends, the price will go down again, afterall the ****s that buy gtcs for cash and sell for imaginary money are a strange lot. Or we are blessed with the RL funds that the price of a few GTC's per month will never even be noticed that it was spent. I don't know why you would call us ****s. I guess you view things different at your 'level'. edit: b/c i fail at typing.
Malcanis RuffRyders Axiom Empire	Posted - 2008.09.14 11:33:00 - [25] Originally by: Borg 6517 600mil now this is insane in next 2 months there will only bots and farmers playing this game Oh, and people with jobs who are willing to pay to play.
Mike TheMiner	Posted - 2008.09.14 11:35:00 - [26] Originally by: Tasuk Originally by: Redback911 Pay for the game. i am paying with my time, may be yours is free, mine isn't not the same as paying cool hard cash though.
Tasuk	Posted - 2008.09.14 11:38:00 - [27] Originally by: Malcanis Originally by: MotherMoon Originally by: Tasuk Farmer ISK prices have dropped to the lowest point I have ever seen them in the past 2 years. Meanwhile GTC prices are surpassing 500 million per code. Players are paying twice as much per month of game time in ISK as they used to a year ago. Many are closing down their alt accounts because they find it difficult not only to save up half a billion ISK but also to simply find a game time code seller nowadays. May be it is time to allocate more personnel and hours to crackdown on those farmer conglomerates and all those bots, macros, ISK spammers etc that we keep reporting? the fact that the isk is cheap means they are getting cuaght, the less demand the lower the prices go. in other words people would rather trade GTCs than buy isk because CCP is doing a damn good job. That's one possible interpretation. Another might be that supply has increased. and supply increases when farmers find easier and more profitable ways of farming ISK and when CCP doesn't ban their accounts like they should be doing banning them in the end more people choose to buy ISKs from farmers, farmers multiply, and as a side effect the GTC market is affected not only by increased demand from additional farmer accounts but also decrease in supply from the ISK buyers who now can buy 1 billion ISK for as low as $30
Sarin Adler Caldari	Posted - 2008.09.14 11:40:00 - [28] Also farmers pay higher pricers for GTCs (their job afterall is earning isks), seriouslly have you seen some people who is buying GTCs, I'm scraed of their names. --- Alts, the root of all evil.
DTson Gauur Caldari Underground-Operators	Posted - 2008.09.14 11:44:00 - [29] Sadly GTC prices are so insane that I'm seriously considering selling my second char and just pay with CC this one 6 months at a time. No way in hell I'm gonna pay more than 400mil for a 60d GTC, more than that is a total rip-off. What does the above mean then? Less money to CCP coffers, 1 account isn't that much but when 10 thousand players all cancel one it shows.
Tasuk	Posted - 2008.09.14 11:45:00 - [30] Originally by: Malcanis Originally by: Borg 6517 600mil now this is insane in next 2 months there will only bots and farmers playing this game Oh, and people with jobs who are willing to pay to play. I work and go to school, but paying for all my accounts with cash would amount to over $100 monthly for a game. For me it is not worth it, but i am wondering if it was worth to CCP to do this. First force players to close down additional accounts and consolidate characters, and then start offering additional accounts for cheap with Power of Two. Doesn't make much sense to me. All the flamers crying "PAY FOR TEH GAMEZ!!!111" i guess you guys don't understand what "alt accounts" means in the OP?

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