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Tasuk
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Posted - 2008.09.18 07:23:00 -
[181]
Edited by: Tasuk on 18/09/2008 07:24:43
Increase in demand (if so, from which sectors): check, proliferating farmer population and people coming back form summer vacations to reactivate their eve accounts, the rise started at the very end of august and carried into september
Decrease in supply: check, WTS posts have become very rare, WTS large bulk of GTCs posts are almost non-existent, Other trade channel is populated by 20 buyers to 1 seller, it is like the sellers have died out
Market manipulation: imho not possible with gtc market, short term price manipulation attempts sometimes occur but they are very short term
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Algey
The Littlest Hobos
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Posted - 2008.09.18 07:25:00 -
[182]
If people were closing their alt accounts in droves the price of GTC's would come down sharply.
The real reason that I think the cards are becoming more expensive is that with them being for 60 days they are a bigger cash investment, which deters the 30 day code sellers from buying a 60.
As for the illegal isk being sold so cheaply, could be that people have realised that CCP will take their bought isk and have stopped buying it, leading to a serious surpless of isk for sale, and a slump in prices.
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Newbear
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Posted - 2008.09.18 07:31:00 -
[183]
I say we change this game to a not for profit model like National Public Radio. Have all the gms, support staff, and that lady with the pink hair go on eve radio and ask for money for 23/7 till the game is paid for. Do this every month and randomly disconnect ppl until the goal is reached!
Click here for my High Security POS Service
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Malcanis
RuffRyders
Axiom Empire
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Posted - 2008.09.18 09:49:00 -
[184]
 Originally by: Algey
If people were closing their alt accounts in droves the price of GTC's would come down sharply.
The real reason that I think the cards are becoming more expensive is that with them being for 60 days they are a bigger cash investment, which deters the 30 day code sellers from buying a 60.
As for the illegal isk being sold so cheaply, could be that people have realised that CCP will take their bought isk and have stopped buying it, leading to a serious surpless of isk for sale, and a slump in prices.
How does reducing demand increase prices?
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Tippia
Caldari
School of Applied Knowledge
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Posted - 2008.09.18 10:36:00 -
[185]
Originally by: Malcanis
Originally by: Algey
If people were closing their alt accounts in droves the price of GTC's would come down sharply.
The real reason that I think the cards are becoming more expensive is that with them being for 60 days they are a bigger cash investment, which deters the 30 day code sellers from buying a 60.
As for the illegal isk being sold so cheaply, could be that people have realised that CCP will take their bought isk and have stopped buying it, leading to a serious surpless of isk for sale, and a slump in prices.
How does reducing demand increase prices?
Is he saying that it does, though? I'm not reading it like that.
º1: Fewer alts ⇒ lower (ISK) price of GTCs (low demand).
º2: Higher ($) price of GTCs ⇒ fewer GTC-for-ISK sellers ⇒ higher (ISK) price (low supply).
º3: Fewer RMT buyers ⇒ larger left-over supplies of ISK ⇒ lower prices.
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Tasuk
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Posted - 2008.09.18 17:13:00 -
[186]
Edited by: Tasuk on 18/09/2008 17:14:24
This guy sold his batch of 4x 60d codes for 500 within 3 minutes. And buyers were asking if there are any left and lamenting in russian that they didn't get to it faster:
http://oldforums.eveonline.com/?a=topic&threadID=876803
this guy also sold out in 3 minutes
http://oldforums.eveonline.com/?a=topic&threadID=876693
and this is thursday, traditionally Wed-Fri is when code prices go down, not up, probably because many people get paid Wed/Fri and buy ISK to play on the weekends
so i dunno what someone is talking about when they say 500 isn't average price
it looks like it is the lower going price at the moment as a few sellers are trying to push theirs at 520-550 mil and these are even getting sold
http://oldforums.eveonline.com/?a=topic&threadID=876798
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Somealt Ofmine
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Posted - 2008.09.18 17:25:00 -
[187]
Originally by: Tasuk
Edited by: Tasuk on 18/09/2008 17:14:24
This guy sold his batch of 4x 60d codes for 500 within 3 minutes. And buyers were asking if there are any left and lamenting in russian that they didn't get to it faster:
And there you have it. You have buyers in the market with easy access to fistfulls of isk bidding up the price of something that you can't just produce more of if the demand is high. The market is going to favor those who can pay the most.
Would it really matter if the price of a GTC was 250 instead of 500, but the isk was twice as hard to come by for the average player? The market is still going to favor those 0.0 alliances with well oiled isk-printing machines, and the market will be dictated by what they are willing to pay. The small-timer will still have just as hard a time paying for the game with isk.
The sellers won't care. If you put clamps on the money supply, the value of isk will rise. If you can only sell a GTC for 250 instead of 500, but it will still buy the same stuff that it used to, do you care?
About all that can be said is that it's hard for small-timers to afford to play the game for free, and the big-timers are having to part with more of their treasurys than they'd like to in order to keep their members in the game for free.
Both are a shame, but are of little concern to the vast majority of players who just, you know, pay the subscription fee.
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