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Tasuk
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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?
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MotherMoon
Huang Yinglong
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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.
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Banana Torres
Federal Defence Union
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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.
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MotherMoon
Huang Yinglong
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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.
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Tasuk
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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.
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Zeba
Minmatar Pator Tech School
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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
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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
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Banana Torres
Federal Defence Union
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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.
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Tasuk
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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.
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Abrazzar
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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
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Antonia Frak
Republic University
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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.
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Steve Hawkings
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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
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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
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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.
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Vaal Erit
Science and Trade Institute
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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
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Furb Killer
Gallente The first genesis Veritas Immortalis
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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?
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Redback911
Malevolent Intentions
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Posted - 2008.09.14 11:26:00 -
[17]
Pay for the game.
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Zhenga
Black Thorn Enterprises
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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.
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Concorduck
Gallente
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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.
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Veldya
Caldari Guristari Freedom Fighters
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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.
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Tasuk
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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 
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Malcanis
RuffRyders Axiom Empire
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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.
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Tasuk
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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
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Zhenga
Black Thorn Enterprises
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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.
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Malcanis
RuffRyders Axiom Empire
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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.
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Mike TheMiner
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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.
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Tasuk
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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
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Sarin Adler
Caldari
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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
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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.
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Tasuk
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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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Hatt0ri Hanz0
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Posted - 2008.09.14 12:02:00 -
[31]
Originally by: Tasuk Edited by: Tasuk on 14/09/2008 11:53:33
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 buy less and less GTCs and more farmed ISKs gtc prices rise due to lack of supply people close down their additional accounts being unable to afford them farmers sell moar isk, ccp sells less game time game suffers (not dies, just suffers)
I watch farmer ISK prices because they are typically one of the indicators where the GTC prices will go, up or down  Not because i buy ISK.
Your both right, its just that furb was stating how it should be, and your stating how it currently is. All roads lead back to CCP, and their ability to remove isk farmers from the game. Less isk farmers, mean isk prices raise, which means less people will buy isk, which will in turn, lower the price of gtc cards, because more people will be buying/selling them. It's like $150ish for 5 bil isk. You'll pay a hell of alot more for the equivalent in gtc cards. Such a huge disparity indicates just how far CCP has to go to remove isk farmers.
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Pan Crastus
Anti-Metagaming League
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Posted - 2008.09.14 12:10:00 -
[32]
Originally by: Tasuk Edited by: Tasuk on 14/09/2008 11:53:33
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 buy less and less GTCs and more farmed ISKs gtc prices rise due to lack of supply people close down their additional accounts being unable to afford them farmers sell moar isk, ccp sells less game time game suffers (not dies, just suffers)
I watch farmer ISK prices because they are typically one of the indicators where the GTC prices will go, up or down  Not because i buy ISK.
strange logic you have...
a) Farmers only drop prices when they have to, so farmed ISK has grown faster than demand or demand has dropped b) rising GTC prices means that more people want to buy GTCs than people are willing to sell them.
Now we have to take into account for b) that ISK (seller) farmers also buy GTCs.
So the most likely explanation IMO is: * EVE has attracted more ISK (seller) farmers but the demand for illegally sold ISK hasn't grown as much
What is certain is that illegal ISK sales aren't getting out of hand, otherwise GTC prices would drop.
How to PVP: 1. buy ISK with GTCs, 2. fit cloak, learn aggro mechanics, 3. buy second account for metagaming
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5pinDizzy
Amarr Umpteenth Podding
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Posted - 2008.09.14 12:12:00 -
[33]
HAhahahahaha. Who, What, Where is the sympathy needed in this thread please? I must have missed it.
1. ISK FARRRRMERS!!! - Either farmers aren't getting any business or there is too much ISK in the game that CCP keeps making easier.
2. AMERICAN ECONOMY!!! - Any nation that was stupid enough to elect George Bush for a second term is going to get what's coming to it.
3. I CAN'T PAY FOR MY 10 ACCOUNTS! - Welcome to the club where we pay our game time with real money and never had the luxury of metagaming to such ridiculous proportions such as that. I hate metagamers like you, you're no better then the farmers in a lot of ways, you're able to do 10 times as much in the time of everyone else and rubbish the economy so others have to work ten times harder with their 1 accounts to achieve the same.
So let's see,
- GTC's are in higher demand and prices for them are rocketing, meaning more incentive for people to buy them just to sell them again for isk.
- People who've usually brought GTC's are either thinking of paying with real money for once or quitting half or all their accounts making it a less laggy or less metagamey world for us all to live in.
Yeah, I'm sure CCP are crapping themselves.
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Tasuk
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Posted - 2008.09.14 12:17:00 -
[34]
Originally by: Pan Crastus What is certain is that illegal ISK sales aren't getting out of hand, otherwise GTC prices would drop.
You summarized the point I was trying to make quite nicely.
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Kyle Klanen
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Posted - 2008.09.14 12:26:00 -
[35]
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.
Nerf poor people tbh.
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Regulottus
E.M.P. Industries Malum Exuro
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Posted - 2008.09.14 12:27:00 -
[36]
heh I bought a GTC from shattered crystal a few days ago. Then I happened to have a look at timecode bazaar. Managed to sell the GTC for 500 mil and buy another one there for 400 mil. Happy days 
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Tasuk
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Posted - 2008.09.14 12:32:00 -
[37]
Originally by: 5pinDizzy I CAN'T PAY FOR MY 10 ACCOUNTS! - Welcome to the club where we pay our game time with real money and never had the luxury of metagaming to such ridiculous proportions such as that. I hate metagamers like you, you're no better then the farmers in a lot of ways, you're able to do 10 times as much in the time of everyone else and rubbish the economy so others have to work ten times harder with their 1 accounts to achieve the same.
t;dr version "i am better/more moral than you *hump! hump! sounds of chest beating* because i own one account when you own seven in an mmo game" ... this is simply roflmao  of course you hate "metagamers" like me, jealousy can't arouse any other emotion but hate
Originally by: 5pinDizzy People who've usually brought GTC's are either thinking of paying with real money for once or quitting half or all their accounts making it a less laggy or less metagamey world for us all to live in.
most people have significant problems keeping track of more than 2 accounts playing simultaneously so if you think this will reduce lag because someone drops 20 accounts down to 10, think again, because they were never playing 20 accounts simultaneously in the first place
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Steve Hawkings
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Posted - 2008.09.14 12:58:00 -
[38]
Originally by: DTson Gauur 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.
nah your stopping an alt account that is pid for soley by gtcs wont loose ccp a penny, demand is higher than supply atm so some other guy just takes the GTC you would have had. Time is not Money and minerals i mine are free!! |

Mankirks Wife
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Posted - 2008.09.14 13:01:00 -
[39]
The 'my time is valuable' thing works both ways though.
Recently I've started selling a few GTCs here and there myself.
Why?
Well... I have max mining skills (Exhumers V, mining drones V, drone interfacing V, mining drone operation V, and all the crystals), but my Hulk just gathers dust these days and I spend all my in-game time pewpewing in FW.
I fund this because I can spend 4 hours mining in my Hulk, come back with maybe 30 million ISK on the best of days, add another hour of ore trading for another 20 or so, and for five hours of my time I now have 50 million ISK.
or...
I can work five more hours at my RL job, spend the money on 3 GTCs, sell them in a matter of minutes and walk away with 1.4 bil or so.
I'll agree though, demand is far outstripping supply right now - prices seem to have leveled off in the 450-500 mil range though, any more and people simply won't pay. And I refuse to sell to farmers, a stance I hope everyone will take. ---
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Steve Hawkings
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Posted - 2008.09.14 13:11:00 -
[40]
Originally by: Mankirks Wife The 'my time is valuable' thing works both ways though.
Recently I've started selling a few GTCs here and there myself.
Why?
Well... I have max mining skills (Exhumers V, mining drones V, drone interfacing V, mining drone operation V, and all the crystals), but my Hulk just gathers dust these days and I spend all my in-game time pewpewing in FW.
I fund this because I can spend 4 hours mining in my Hulk, come back with maybe 30 million ISK on the best of days, add another hour of ore trading for another 20 or so, and for five hours of my time I now have 50 million ISK.
or...
I can work five more hours at my RL job, spend the money on 3 GTCs, sell them in a matter of minutes and walk away with 1.4 bil or so.
I'll agree though, demand is far outstripping supply right now - prices seem to have leveled off in the 450-500 mil range though, any more and people simply won't pay. And I refuse to sell to farmers, a stance I hope everyone will take.
lol i feel sorry for people like you that seem to think your time has a value, i think the purchasing of Pixels for RL cash is ridiculous and only those with more money than sense actually do it. Time is not Money and minerals i mine are free!! |

heheheh
PedoHamma
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Posted - 2008.09.14 13:14:00 -
[41]
Originally by: Steve Hawkings
Originally by: Mankirks Wife The 'my time is valuable' thing works both ways though.
Recently I've started selling a few GTCs here and there myself.
Why?
Well... I have max mining skills (Exhumers V, mining drones V, drone interfacing V, mining drone operation V, and all the crystals), but my Hulk just gathers dust these days and I spend all my in-game time pewpewing in FW.
I fund this because I can spend 4 hours mining in my Hulk, come back with maybe 30 million ISK on the best of days, add another hour of ore trading for another 20 or so, and for five hours of my time I now have 50 million ISK.
or...
I can work five more hours at my RL job, spend the money on 3 GTCs, sell them in a matter of minutes and walk away with 1.4 bil or so.
I'll agree though, demand is far outstripping supply right now - prices seem to have leveled off in the 450-500 mil range though, any more and people simply won't pay. And I refuse to sell to farmers, a stance I hope everyone will take.
lol i feel sorry for people like you that seem to think your time has a value, i think the purchasing of Pixels for RL cash is ridiculous and only those with more money than sense actually do it.
U/f your going to be feeling sorry for a lot of people, Mordern society grooms people to be like this, if they didnt, the people in charge wouldnt be able to farm them like sheep for a $.
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MotherMoon
Huang Yinglong
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Posted - 2008.09.14 13:20:00 -
[42]
Originally by: Tasuk Edited by: Tasuk on 14/09/2008 11:05:56 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 (and actually at the same time GTC prices have come down a bit). High ISK prices indicate farmers are in trouble. Low ISK prices means they are farming in easy mode, which is what is happening now.
sorry but no, my roomate is a goon and he was bragging about getting isk prices down.
having less demand doesn't increase prices.
|

MotherMoon
Huang Yinglong
|
Posted - 2008.09.14 13:22:00 -
[43]
Edited by: MotherMoon on 14/09/2008 13:23:50
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?
ding ding ding
we have a winner!
Originally by: Regulottus heh I bought a GTC from shattered crystal a few days ago. Then I happened to have a look at timecode bazaar. Managed to sell the GTC for 500 mil and buy another one there for 400 mil. Happy days 
actully that's not a bad idea... (gets out card)
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MotherMoon
Huang Yinglong
|
Posted - 2008.09.14 13:23:00 -
[44]
Edited by: MotherMoon on 14/09/2008 13:23:39
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Tasuk
|
Posted - 2008.09.14 13:33:00 -
[45]
Originally by: MotherMoon
Originally by: Tasuk Edited by: Tasuk on 14/09/2008 11:05:56 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 (and actually at the same time GTC prices have come down a bit). High ISK prices indicate farmers are in trouble. Low ISK prices means they are farming in easy mode, which is what is happening now.
sorry but no, my roomate is a goon and he was bragging about getting isk prices down.
having less demand doesn't increase prices.
sorry no, i do not have any goon roommates, not that it is relevant, but both me and my boyfriend were both surveying several ISK farmer websites and both of us have noted that the prices on farmed ISK went up not down ... not only that but if you scroll the forums to about the same time as when the Hulk slaughter happened there will be posts from players who have noticed the same phenomenon of prices on ISK going up ... players were even laughing at ISK farmers in ingame chat channels because they were selling a billion ISK for up to $95
ganking ISK farmers quite obviously decreases the supply of ISK, not the demand on ISK, and as it happens with any market supply down means prices go up
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Malcanis
RuffRyders Axiom Empire
|
Posted - 2008.09.14 14:04:00 -
[46]
Originally by: Mankirks Wife And I refuse to sell to farmers, a stance I hope everyone will take.
Player-based solution to player-caused problem in this thread.
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Malcanis
RuffRyders Axiom Empire
|
Posted - 2008.09.14 14:06:00 -
[47]
Originally by: MotherMoon
sorry but no, my roomate is a goon and he was bragging about getting isk prices down.
You've petitioned him, right?
hey, he's a goon, they expect & admire such behaviour.
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Mankirks Wife
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Posted - 2008.09.14 14:06:00 -
[48]
Originally by: heheheh
Originally by: Steve Hawkings lol i feel sorry for people like you that seem to think your time has a value, i think the purchasing of Pixels for RL cash is ridiculous and only those with more money than sense actually do it.
U/f your going to be feeling sorry for a lot of people, Mordern society grooms people to be like this, if they didnt, the people in charge wouldnt be able to farm them like sheep for a $.
Depends on your own circumstances and values. I have a good job, no debt, substantial savings, and live well below my means. Even if I decide to pay $130 a month for Eve (2 accounts, 3 GTCs) instead of just $30, it's still a bargain for entertainment (which is all Eve, with it's billions of ISK of monopoly money is) over the alternatives, such as buying a TV and then paying for cable service, going to the movies, going to the bar on the weekends, eating out, showing off a fancy house I can barely afford so I'll feel better about myself, etc.
Plus by selling 10% under the going rate and refusing to sell to farmers I'm providing a service to a few of the people whining they can't afford GTCs. Win-win all around. ---
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Pan Crastus
Anti-Metagaming League
|
Posted - 2008.09.14 14:12:00 -
[49]
Edited by: Pan Crastus on 14/09/2008 14:12:19
Originally by: Steve Hawkings
i feel sorry for people like you that seem to think your time has a value, i think the purchasing of Pixels for RL cash is ridiculous and only those with more money than sense actually do it.
You don't get it. People are paying to have fun in the game (a.k.a. PVP) because making ISK isn't fun (in most cases). Buying ISK is not in any way worse than grinding many hours for it, people whose time has no value in RL seem to overlook that fact.
Does not apply for the few people who are actually enjoying mining and other mind-numbing activities in EVE, of course they won't buy ISK.
As for the old "RL cash for pixels" argument - RL money is also just numbers, it's worth nothing unless you do something with it that you enjoy.
How to PVP: 1. buy ISK with GTCs, 2. fit cloak, learn aggro mechanics, 3. buy second account for metagaming
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Steve Hawkings
|
Posted - 2008.09.14 14:35:00 -
[50]
Edited by: Steve Hawkings on 14/09/2008 14:37:13
Originally by: Pan Crastus Edited by: Pan Crastus on 14/09/2008 14:12:19
Originally by: Steve Hawkings
i feel sorry for people like you that seem to think your time has a value, i think the purchasing of Pixels for RL cash is ridiculous and only those with more money than sense actually do it.
You don't get it. People are paying to have fun in the game (a.k.a. PVP) because making ISK isn't fun (in most cases). Buying ISK is not in any way worse than grinding many hours for it, people whose time has no value in RL seem to overlook that fact.
Does not apply for the few people who are actually enjoying mining and other mind-numbing activities in EVE, of course they won't buy ISK.
As for the old "RL cash for pixels" argument - RL money is also just numbers, it's worth nothing unless you do something with it that you enjoy.
I get it perfectly well thanks you i just dont aggree with you, Try to justify it to me however you like, you cant, each to his own. I like to spend my cash on real items that i can touch and hold, thats the difference, only those with more money than sense buy pixels for cash, and thats the bottom line.
Time is not Money and minerals i mine are free!! |

MotherMoon
Huang Yinglong
|
Posted - 2008.09.14 14:39:00 -
[51]
Edited by: MotherMoon on 14/09/2008 14:39:16
Originally by: Malcanis
Originally by: MotherMoon
sorry but no, my roomate is a goon and he was bragging about getting isk prices down.
You've petitioned him, right?
hey, he's a goon, they expect & admire such behaviour.
naw He was only ganking tech 2 ships nothing wrong with that, CCP even did an article on it!
I did give him shit though :P
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heheheh
PedoHamma
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Posted - 2008.09.14 14:40:00 -
[52]
Originally by: Pan Crastus
As for the old "RL cash for pixels" argument - RL money is also just numbers, it's worth nothing unless you do something with it that you enjoy.
Wrong, I can buy real items with my money stuff that is actually mine, no matter how much you pay for your ISK, CCP can stop the game and take it back at any time.
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Cory Trevor
Brutor tribe
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Posted - 2008.09.14 14:42:00 -
[53]
Originally by: Steve Hawkings I get it perfectly well thanks you i just dont aggree with you, Try to justify it to me however you like, you cant, each to his own. I like to spend my cash on real items that i can touch and hold, thats the difference, only those with more money than sense buy pixels for cash, and thats the bottom line.
If you're playing a MMO, you're renting pixels for cash. What's the difference? You do realize how rare it is that a non-Korean-grindfest-MMO can be played without paying cash yourself, right?
|

Steve Hawkings
|
Posted - 2008.09.14 14:49:00 -
[54]
Edited by: Steve Hawkings on 14/09/2008 14:50:29
Originally by: Cory Trevor
Originally by: Steve Hawkings I get it perfectly well thanks you i just dont aggree with you, Try to justify it to me however you like, you cant, each to his own. I like to spend my cash on real items that i can touch and hold, thats the difference, only those with more money than sense buy pixels for cash, and thats the bottom line.
If you're playing a MMO, you're renting pixels for cash. What's the difference? You do realize how rare it is that a non-Korean-grindfest-MMO can be played without paying cash yourself, right?
yea but thats not the point, you picked up on somthing totally different. we all rent pixels for cash but we are discussing Buying pixelated cash which is not even yours for RL cash. Time is not Money and minerals i mine are free!! |

Gonada
Priory Of The Lemon
|
Posted - 2008.09.14 15:00:00 -
[55]
epic thread brought to you by people that want to play games but are too cheap to pay for them by cash.
Please, jump into traffic
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5pinDizzy
Amarr Umpteenth Podding
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Posted - 2008.09.14 15:00:00 -
[56]
Originally by: Tasuk Edited by: Tasuk on 14/09/2008 13:18:32
Originally by: 5pinDizzy I CAN'T PAY FOR MY 10 ACCOUNTS! - Welcome to the club where we pay our game time with real money and never had the luxury of metagaming to such ridiculous proportions such as that. I hate metagamers like you, you're no better then the farmers in a lot of ways, you're able to do 10 times as much in the time of everyone else and rubbish the economy so others have to work ten times harder with their 1 accounts to achieve the same.
tl;dr version "i am better/more moral than you *hump! hump! sounds of chest beating* because i own one account when you own seven in an mmo game" ... this is simply roflmao  of course you hate "metagamers" like me than own more than one account - jealousy can't arouse any other emotion but irrational hate
Originally by: 5pinDizzy People who've usually brought GTC's are either thinking of paying with real money for once or quitting half or all their accounts making it a less laggy or less metagamey world for us all to live in.
most people have significant problems keeping track of more than 2 accounts playing simultaneously so if you think this will reduce lag because someone drops 20 accounts down to 10, think again, because they were never playing 20 accounts simultaneously in the first place
1. If 5 lines are tl;dr for you then I'd quit eve for a while until you get your attention span back up from all that alt tabbing session swapping.
2. It's not roflmao funny really, just the truth, behind your vain attempts to look amused are an irritated metagamer who's getting screwed. Where I'm somehow supposed to be annoyed at the situation when I'm getting nothing but all the benefits.
3. You pulled the 20 accounts number out your ass. I don't think any one could play with 20 accounts. We're talking more about 5-10 accounts here really.
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Le Skunk
Low Sec Liberators
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Posted - 2008.09.14 15:03:00 -
[57]
Originally by: Tasuk
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.
Dont fhuck with jinguyang sdhoiufu! He will PK you ass!
SKUNK
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Tippia
Caldari School of Applied Knowledge
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Posted - 2008.09.14 15:08:00 -
[58]
 Maybe it's time to resell a couple of GTCs… It's not like they cost a lot of money.
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Victor Kruger
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Posted - 2008.09.14 15:11:00 -
[59]
I did a little research on current Isk prices. 1 Billion Isk costs between 31 and 35 USD when purchased through "shady" sources. One 60 day GTC amounts to 35 USD as well and will currently bring in around 500 Million Isk when sold to other players. In other words:
Isk received for GTC's on the Forums = GTC value in USD = Isk purchased from shady sources minus the risk factor of getting caught
When CCP catches a player who has bought Isk from shady sources, he usually gets deducted the double amount he received. From this reasoning we could assume, that the risk factor in the above example is 500 Million Isk (half the value of the purchase).
Now, CCP doesn't catch every player. I'm not even sure how vigilant they are at finding these people, considering the enormous slack they show when it comes to downing RMT farmers. So in the end, the risk factor is an unknown value somewhere between 50% and 0%.
Conclusion: Potentially, the GTC prices for 60 day cards could climb to 1 Billion Isk each, although this scenario is highly unlikely and would require absolute apathy from CCP when it comes to Isk buyer hunting.
--------------- Hey, where's my portrait |

Pan Crastus
Anti-Metagaming League
|
Posted - 2008.09.14 15:15:00 -
[60]
Originally by: Steve Hawkings Edited by: Steve Hawkings on 14/09/2008 14:37:13
Originally by: Pan Crastus Edited by: Pan Crastus on 14/09/2008 14:12:19
Originally by: Steve Hawkings
i feel sorry for people like you that seem to think your time has a value, i think the purchasing of Pixels for RL cash is ridiculous and only those with more money than sense actually do it.
You don't get it. People are paying to have fun in the game (a.k.a. PVP) because making ISK isn't fun (in most cases). Buying ISK is not in any way worse than grinding many hours for it, people whose time has no value in RL seem to overlook that fact.
Does not apply for the few people who are actually enjoying mining and other mind-numbing activities in EVE, of course they won't buy ISK.
As for the old "RL cash for pixels" argument - RL money is also just numbers, it's worth nothing unless you do something with it that you enjoy.
I get it perfectly well thanks you i just dont aggree with you, Try to justify it to me however you like, you cant, each to his own. I like to spend my cash on real items that i can touch and hold, thats the difference, only those with more money than sense buy pixels for cash, and thats the bottom line.
What you don't get is that if you actually had enough cash to buy the things that you like in RL, you'd realize that they are just that, things. Their value to you is what you can do with them, that's all. I know that modern consumerism preaches owning as much stuff as you can, but sooner or later you wake up and realize it's all worthless unless it brings you joy. And for things to bring you joy, you don't need to own them.
How to PVP: 1. buy ISK with GTCs, 2. fit cloak, learn aggro mechanics, 3. buy second account for metagaming
|

Mankirks Wife
|
Posted - 2008.09.14 15:15:00 -
[61]
Originally by: Steve Hawkings I get it perfectly well thanks you i just dont aggree with you, Try to justify it to me however you like, you cant, each to his own. I like to spend my cash on real items that i can touch and hold, thats the difference, only those with more money than sense buy pixels for cash, and thats the bottom line.
Well, it makes no sense to someone with your values, but not everyone values their money/resources the same way you do.
For instance, to me, utility is the primary, and usually sole measure of value I apply to things.
I've never derived much joy from having a huge pile of crap. I found out rather quickly that most things I buy have declining value (at best) or no value whatsoever after I buy them, and oftentimes, when the amount I'm paying for whatever (say, housing, or a fancy truck) is compared on a dollars-per-of-use basis it's often much cheaper to rent or use a service rather than buy something I'll barely use, or go with a cheap alternative when something fancy adds no value but costs more (this is why I use a cheap folding card table instead of a real computer desk)
This is why I don't buy DVDs - the utility (me being entertained) is greater per dollar by renting something from Amazon Unbox (a service I use quite a bit). Since I almost never watch a movie more than once it's cheaper for me to download it, watch it, then delete it rather than buy something or even go to the rental store. But I do buy CDs since they have no DRM restrictions, last almost forever if stored properly, and I'm always listening to my music.
This is why I also play MMOs - in terms of dollars per hour of entertainment they're unbeatable. I don't have a TV, I don't go to bars on the weekends and kill brain cells while I watch strippers dance, I don't go out to eat often, I'm not out to impress anyone by having a bunch of fancy stuff, etc. I used to play pen and paper games (which are more expensive, but are much more fun with a good group, so it's still a good deal, up to a point) but sadly I don't have a good group atm and likely won't till next year.
So, basically, back to the point, in terms of the amount of entertainment I have, I can grind for roughly 28 hours in-game mining in my Hulk, or I can fix electronics for five more hours, buy GTCs, and get the same amount of ISK. The fact that it's monopoly money isn't relevant. ---
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Tippia
Caldari School of Applied Knowledge
|
Posted - 2008.09.14 15:17:00 -
[62]
Originally by: Victor Kruger When CCP catches a player who has bought Isk from shady sources, he usually gets deducted the double amount he received.
No, only the actual amount is removed. Problem is that, by the time this happens, people have usually spent all that money already and are therefore pushed into negative ISK.
CCP removes 1x the bought ISK + player spends 1x the bought ISK = 2x the bought ISK gone from wallet.
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Capri Corn
|
Posted - 2008.09.14 15:55:00 -
[63]
I really don't see what's so difficult to understand about what Mankirks Wife is saying... Unless you enjoy mining, you are doing it to make ISK. That is working, and it is no different from someone working for dollars and then converting those dollars into ISK.
|

Le Skunk
Low Sec Liberators
|
Posted - 2008.09.14 16:31:00 -
[64]
Edited by: Le Skunk on 14/09/2008 16:31:10
Originally by: Mankirks Wife
This is why I also play MMOs - in terms of dollars per hour of entertainment they're unbeatable. I don't have a TV, I don't go to bars on the weekends and kill brain cells while I watch strippers dance, I don't go out to eat often, I'm not out to impress anyone by having a bunch of fancy stuff, etc. I used to play pen and paper games (which are more expensive, but are much more fun with a good group, so it's still a good deal, up to a point) but sadly I don't have a good group atm and likely won't till next year.
[adopts northern accent]
PENS! PENS!!!!! LUXURY.
WHEN I WERE A BOY I USED THE END OF ' BURNT STICK, BUT I WERE ONLY ALLOWED T' USE IT AFTER ME DA HAD THRASHED ME WI' 'T TO WITHIN AN INCH O' ME LIFE
SKUNK
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Sarin Adler
Caldari
|
Posted - 2008.09.14 17:04:00 -
[65]
Pan Crastus & Mankirk Wifes don't lose your time explaining that, somepeople does not understand concepts like 'cost of oportunity' etc. Those condeming GTC for ISK pretending to have qan higher morality in reality are highlly materialist as don't udnerstand that real money does not have other utility in the end tha is to please you...
On topic, I have bought GTC with ISKs, why? Because I could pay them with 10 hours worth of doing missions i.e. and actually I do not hate running missions that much. As I'm a student and I can afford to lose that time and have some relative fun it was worth it (also the second account helps me to yield more isk per hour), but is running to a point that I won't consider buying GTCs with ISK, because 600m is just too much (I need the isk to play the game too, lol).
What happens is that in the end only those playing the game as a work (farmers) will be able to buy GTCs and they are earning 24/7 and never use their isk for other thing; there is also filthy rich players who will be able to pay that much, but still, are the minority.
I think the reason of current GTC prices (in isks) is a combination of things, we can't confirm neither but lower supply and increase of demand probably has a lot to do with real economic situation (less disposable money, having to pay alts or even main accounts with ISK increases demand, and less GTC sellers for the same reason) and farmers are worsening it for the same reasons that have been pointed out allready.
There isn't a single reason, but at least CCP can fix one of them. ---
Alts, the root of all evil. |

Darwin's Market
|
Posted - 2008.09.14 17:06:00 -
[66]
choose long skill let 2nd to 20th accounts lapse come back when gtc is cheaper
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Clair Bear
Coalition of Nations Free Trade Zone.
|
Posted - 2008.09.14 18:02:00 -
[67]
Just saw a farmer ISK spam for $33/billion. Now, remember that the average IQ out there is 100, and half the people are dumber than that.
Assuming they can do basic math they can figure out that buying a billion ISK and spending it on two 60 day timecards gets them game time at roughly $8/month.
Duno how many people are that dumb; but it could be a factor.
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Wet Ferret
|
Posted - 2008.09.14 18:03:00 -
[68]
Um, GTC prices rose because CCP nearly doubled their price.
And not everyone buys them with ISK because they're too "cheap". Some people can barely afford luxuries in RL because they are disabled or raising kids or whatever, or maybe have credit problems so can't just charge it to a CC. But really it's none of your ****ing business why someone can't pay for a game with a CC (trying to pay for EVE with cash is a right pain in the ass) and must resort to GTC purchases. You are out of place telling other what they should and should not be able to afford in RL.
CCP screwed over a specific portion of their customers and they deserve all the flak they get for it. Personally, I'm only playing EVE until it gets tiring farming so much ISK just to pay for game time, aside from the ISK I need to actually enjoy the game. And I don't care if you'll miss me, you're all a bunch of *******s anyway. This community is garbage compared to what it was four years ago when I started playing.
But, yeah. These forums seriously need some indicator that the post has ended and the sig has started.
|

rValdez5987
Amarr 32nd Amarrian Imperial Navy Regiment.
|
Posted - 2008.09.14 18:22:00 -
[69]
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.
holy shit great minds think alike.
I was thinking the same thing. lololol
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Angelo Dell'Agio
|
Posted - 2008.09.14 18:46:00 -
[70]
and nobody sofar even considers the impact through absence of 30/90D GTC's in the supply chain? Do a quick poll around your own communities how many people have stopped quick buys and sells of 30D GTC's for a quick and simple influx of isk as those stood out a lot less at the end of the month in the household budget :P
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Charney deGeoff
Caldari Green Men Incorporated
|
Posted - 2008.09.14 19:07:00 -
[71]
Originally by: Steve Hawkings I like to spend my cash on real items that i can touch and hold, thats the difference,
Dude.. you're arguing that.. on, erm, the Internet.. and like on virtual spaceship game boards. You're one of those types who don't pay for EVE? or for your Internet connection? Or for your electricity? Damn, now I'm jealous (unless your parents pay for all that, in which case, I'm not very jealous at all).
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mishkof
Caldari Dirty Denizens
|
Posted - 2008.09.14 19:25:00 -
[72]
lol at the hate in this thread. Especially the Bush generated nerd rage.
People are right in telling you to just buy the subscription with R/L cash. It is cheaper in terms of time spent. Either accept that or move on.
I own a T2 BPO and Capital alt, therefor all of my views will be pro-Capital Alt/T2 BPO orientated. Please pick one of the following settings for your response. []hate me []troll me []smack me |

Epidemis
|
Posted - 2008.09.14 19:57:00 -
[73]
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?
I disagree. The prices on the GTC has risen greatly in correlation to the drop in farmer isk. That means it's still very viable to convert isk into dollars.
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Vikarion
Caldari BLACK 0RIGIN Red Dawn Alliance
|
Posted - 2008.09.14 20:03:00 -
[74]
Originally by: Pan Crastus
What you don't get is that if you actually had enough cash to buy the things that you like in RL, you'd realize that they are just that, things. Their value to you is what you can do with them, that's all. I know that modern consumerism preaches owning as much stuff as you can, but sooner or later you wake up and realize it's all worthless unless it brings you joy. And for things to bring you joy, you don't need to own them.
This. ::emphatic:: --------
EVE - The only non-consensual PvP MMORPG*
*Note: does not contain non-consensual PvP as of 9/3/2008
|

Chainsaw Plankton
IDLE GUNS IDLE EMPIRE
|
Posted - 2008.09.14 20:45:00 -
[75]
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.
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.
I believe it is the other way around, they aren't being caught so their isk supplies are increasing, however what I think you meant was the buyers are getting caught so fewer players are buying the isk thus increasing the farmers supply and leaving less of a paper trail so they have more farmers not getting banned.
as for gtc prices going up that would be because the farmers have more isk and more farmers. 1 account can gather up 500mil in 2 months quite easy, hell at 10mil/hr (a somewhat low number) it would take 50 hours that is like a week worth of working. so that is 500mil/week for 8 weeks -> 4billion in 2 months, so taking 3.5billion to sell and 500mil for another gtc. I expect gtc prices to rise if anything.
of course this completely ****s over people that are playing for a few hours a day after school/work
now if the supply of people selling gtcs went up it might be a different story.
makes me wish I had a few thousand dollars to blow try and bring the price to about 300mil where I was speculating it would fall prechange.
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Chainsaw Plankton
IDLE GUNS IDLE EMPIRE
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Posted - 2008.09.14 20:49:00 -
[76]
Originally by: Wet Ferret Um, GTC prices rose because CCP nearly doubled their price.
And not everyone buys them with ISK because they're too "cheap". Some people can barely afford luxuries in RL because they are disabled or raising kids or whatever, or maybe have credit problems so can't just charge it to a CC. But really it's none of your ****ing business why someone can't pay for a game with a CC (trying to pay for EVE with cash is a right pain in the ass) and must resort to GTC purchases. You are out of place telling other what they should and should not be able to afford in RL.
CCP screwed over a specific portion of their customers and they deserve all the flak they get for it. Personally, I'm only playing EVE until it gets tiring farming so much ISK just to pay for game time, aside from the ISK I need to actually enjoy the game. And I don't care if you'll miss me, you're all a bunch of *******s anyway. This community is garbage compared to what it was four years ago when I started playing.
the current gtc prices are cheaper than the old 90d in terms of cash and are going for the same, if not more isk per gtc.
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masternerdguy
|
Posted - 2008.09.14 20:56:00 -
[77]
you know, ccp should just allow macro mining and make automated mining drones
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Lithalnas
Amarr Headcrabs
|
Posted - 2008.09.14 21:22:00 -
[78]
Originally by: masternerdguy you know, ccp should just allow macro mining and make automated mining drones
those are fighting words. -------------
fixed for greater eve content |

Weakmind
|
Posted - 2008.09.14 22:17:00 -
[79]
Edited by: Weakmind on 14/09/2008 22:18:00 This:
Originally by: Victor Kruger I did a little research on current Isk prices. 1 Billion Isk costs between 31 and 35 USD when purchased through "shady" sources. One 60 day GTC amounts to 35 USD as well and will currently bring in around 500 Million Isk when sold to other players. In other words:
Isk received for GTC's on the Forums = GTC value in USD = Isk purchased from shady sources minus the risk factor of getting caught
When CCP catches a player who has bought Isk from shady sources, he usually gets deducted the double amount he received. From this reasoning we could assume, that the risk factor in the above example is 500 Million Isk (half the value of the purchase).
Now, CCP doesn't catch every player. I'm not even sure how vigilant they are at finding these people, considering the enormous slack they show when it comes to downing RMT farmers. So in the end, the risk factor is an unknown value somewhere between 50% and 0%.
Conclusion: Potentially, the GTC prices for 60 day cards could climb to 1 Billion Isk each, although this scenario is highly unlikely and would require absolute apathy from CCP when it comes to Isk buyer hunting.
and this:
Originally by: Clair Bear Just saw a farmer ISK spam for $33/billion. Now, remember that the average IQ out there is 100, and half the people are dumber than that.
Assuming they can do basic math they can figure out that buying a billion ISK and spending it on two 60 day timecards gets them game time at roughly $8/month.
Duno how many people are that dumb; but it could be a factor.
Now before you idiots, with your moronic "pulled out of your ass" theories are about to hit "post reply", read that again and save us the spam.
Efficient isk farmers, combined with the CCP move, removing 30/90 day GTCs and raising the dollars/month GTC cost= current situation.
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Clair Bear
Coalition of Nations Free Trade Zone.
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Posted - 2008.09.14 22:33:00 -
[80]
Originally by: Weakmind
When CCP catches a player who has bought Isk from shady sources, he usually gets deducted the double amount he received. From this reasoning we could assume, that the risk factor in the above example is 500 Million Isk (half the value of the purchase).
AFAIK only the purchased ISK gets deducted. In which case even if you're caught you're still pretty much even. Yes, you now have to farm up that ISK to get out of a neg wallet -- but you're no worse off than had you simply bought GTCs with ISK in the first place.
Depending on whose wallet is negatived if an untrained alt is used for the transaction that may not even be a downside.
Ok, so maybe the ISK buyers aren't as dull as I originally thought.
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Spurty
Caldari D00M. Triumvirate.
|
Posted - 2008.09.14 22:52:00 -
[81]
i'm selling tinfoil hats in jita 4-4, get yours now before the 'value' of 'value' dives!
 Man goes to the doc, with a strawberry growing out of his head. Doc says "I'll give you some cream to put on it." |

VicturusTeSaluto
Metafarmers
|
Posted - 2008.09.14 22:58:00 -
[82]
CCP won't do anything about the farmers, they love their dirty money.
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Tasuk
|
Posted - 2008.09.15 00:27:00 -
[83]
Originally by: Wet Ferret Um, GTC prices rose because CCP nearly doubled their price.
Old 30 day game time codes cost $15 per 30 days and gave ISK buyers best $$:ISK conversion. New 60 day game times codes cost $17 per 30 days and are the only conversion option now. Where do you see double price in here???
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Tasuk
|
Posted - 2008.09.15 00:57:00 -
[84]
Edited by: Tasuk on 15/09/2008 00:57:42
Originally by: Chainsaw Plankton
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.
I believe it is the other way around, they aren't being caught so their isk supplies are increasing, however what I think you meant was the buyers are getting caught so fewer players are buying the isk thus increasing the farmers supply and leaving less of a paper trail so they have more farmers not getting banned.
as for gtc prices going up that would be because the farmers have more isk and more farmers. 1 account can gather up 500mil in 2 months quite easy, hell at 10mil/hr (a somewhat low number) it would take 50 hours that is like a week worth of working. so that is 500mil/week for 8 weeks -> 4billion in 2 months, so taking 3.5billion to sell and 500mil for another gtc. I expect gtc prices to rise if anything.
of course this completely ****s over people that are playing for a few hours a day after school/work
now if the supply of people selling gtcs went up it might be a different story.
makes me wish I had a few thousand dollars to blow try and bring the price to about 300mil where I was speculating it would fall prechange.
This is about what I am saying. Cheaper farmer ISK and more RMT/farming accounts in game have an effect on GTC market in that the GTC prices in ISK rise. There are usually small variations in prices due to market's ups and downs in supply and demand but what has happened in the past 3 weeks is simply insane. The prices on 60 day codes have jumped up 100 million per code. At the same time farmer ISK is cheapest than it has ever been, which means that CCP is lagging behind in their war against RMTers.
If you are collecting money in the traditional ways of mining or running missions this new GTC price will amount to 15-20 hours per month spent grinding PER ACCOUNT. Meaning if you have more than 1 account to support with game time codes you will be spending double, triple, or quadruple this time. The alternative is consolidating your characters and closing down your alt accounts which is what many players are happily choosing to do now. On this background, CCP promoting people opening up additional accounts with Power of Two offer seems silly to me when at the same time they have molded the game such that people who were running multiple accounts are being forced to close them.
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Stormwind Bloodfeather
Minmatar Sogdian Traders Inc
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Posted - 2008.09.15 01:20:00 -
[85]
Originally by: Zhenga Well I support Bush and John McCain. Bush has not ruined my economy. Osama Obama will destroy it tho Sad. I guess I better get selling these GTC's. Sounds like it would be cheap iskies.
What dream world are you living in? Bush has absolutly messed up the american economy. We are paying for a war, he lied to get us into. Paying stupid prices for gas, paying stupid prices for food and other "services" etc.
I guess $5.00 a gallon for gas doesn't affect you much, but I pay $55.00 a fuel up in a car that is easy on gas. Unfortunatly, I also have to drive a lot because of my job which means I am paying close to $325.00 a month for fuel. I don't make a lot of money, and have had to scale back a huge amount. EVE is next on the cutting back block if I am to keep my job (i.e. have fuel for my car). I would buy a cheaper more economical car.... but I get awesome gas mileage in my prius (45mpg) and it don't get much better than that.
Bush and his OIL BARON *****s have absolutly screwed the economy. And anyone who doesn't see that is either living with mommy and daddy or has a job that pays significantly better than the average american has. I'll assume you have the job as you don't strike me as a teen.
Storm
In EVE, your only friend is your ship and it's weapons. All others are the enemy! |

Xzar Fyrarr
Minmatar Tribal Liberation Force
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Posted - 2008.09.15 02:08:00 -
[86]
CCP - always nerfing something to unfixable.?
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Joe
Umbra Legion Shadow Empire.
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Posted - 2008.09.15 03:52:00 -
[87]
Perhaps GTC prices are rising, becuase there's no more alliances with Rich RL players spending thousands of dollars to Fund Titan's, trying to catch up with the real Corps in the game that have the industrial backbone to build them legitamatly....
Or perhaps theres no more Rich doctor/lawyer types selling hundred of GTC any more to fund a few Tech II bpo purchases.
GTC prices have nothing todo with Isk farmers or sales, there's simply not enough sellers out there to meet the demand of the people that buy them, so only the highest paying customers are securing them.
Umbra Recruitment
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Tasuk
|
Posted - 2008.09.15 04:45:00 -
[88]
Originally by: Le Skunk
Originally by: Tasuk
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.
Dont fhuck with jinguyang sdhoiufu! He will PK you ass!
SKUNK
what are you? their public relations representative? 
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Juliette Leblanc
Gallente Federal Navy Academy
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Posted - 2008.09.15 04:46:00 -
[89]
Originally by: Stormwind Bloodfeather Bush has absolutly messed up the american economy. We are paying for a war, he lied to get us into. Paying stupid prices for gas, paying stupid prices for food and other "services" etc.
I guess $5.00 a gallon for gas doesn't affect you much
ROTFL I'd love to pay $5 for a gallon. But I currently pay something like $12-$15 for the equivalent of a gallon. And most of the world is doing the same.
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Misanth
RABBLE RABBLE RABBLE
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Posted - 2008.09.15 04:57:00 -
[90]
Edited by: Misanth on 15/09/2008 05:04:13
Originally by: heheheh Wrong, I can buy real items with my money stuff that is actually mine, no matter how much you pay for your ISK, CCP can stop the game and take it back at any time.
Wrong, There's a crapload of countries where owning stuff can't be taken for granted, in fact a good portion of the world live in that reality. Not to mention alot of people assume they own stuff, then boom a hurricane, or an invasion/war, etc, happens.. just out of the blue. Or you might just get ill and, even when having an insurance, might just end up getting half your previous income and have to 'downgrade' your assets, etc. Then I havn't even touched obvious things like death, and through history you can see that there's no human society that survived for very long periods either.
RL stuff is just like MMO-stuff. You have it for 'loan' during a period of time. In a longer perspective it has no value at all. It's just that in games it's more certain that you will lose (the access you had to it) sooner. (In relation to your comment; your RL money is yours for the time being, it could very well be that you don't have it in an hour from now)
Either way, that's off topic, and what I said is a bit extreme, but it is wrong to assume you actually do own anything. Assets/possessions never last forever, in a long perspective. It's a cultural thing tho, people focus on different things. That's another reason it's a major fail when people are trying to judge other peoples actions (buying/selling GTC with ingame/RL isk, buying/selling isk with RL money, etc) based on their own opinions.
Meh, rant over, it's just all semantics.. and at the end of the day the only thing that matters is the EULA and the question if you enjoy the game or not. *shrugs*
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Locke DieDrake
Human Information Virus
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Posted - 2008.09.15 05:39:00 -
[91]
I'm not sure I understand the "problem" here. Someone explain it please.
If you don't like the current exchange rate... don't buy/sell. No problem then.
If you can't afford your sub(s) with actual money, well, you should probably put the video games down and get a job that doesn't include the French Fries. If you aren't qualified for anything better, FFS get a college education.
I used to buy GTCs to pay for my subs, but it proved a ridicules conversion rate against what I could make in the real world with the same time and effort, and that was when they were dirt cheap.
In short, if you can't make enough in an hour or two to pay for your sub for the month, you don't have a good enough job, drop the games and try improving your career with some fraction of the zealotry you apply to video games. You'd be surprised at the outcome.
Do you know why MMO's have such a stigma attached? Because so very many of the players sacrifice their real lives so they can play a video game. That isn't healthy and in the long run, no matter how much you get out of eve, you won't get what you really need if you don't have a balanced life on the outside.
It may sound like I'm being judgmental, but I'm just being realistic. You all may be awesome people, but if you think the sub for this game is expensive, you're going to be really really surprised when you move out of your parents house. ______________________________________________ Goon FC(08/12/06):"its a trap" "that thing is fully operational" |

Venkul Mul
Gallente
|
Posted - 2008.09.15 05:39:00 -
[92]
Edited by: Venkul Mul on 15/09/2008 05:42:45
Originally by: Veldya 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.
CCP is hitting the buyers too. If being caught is more common for the buyers the demand will reduce, so the sellers will sell cheaper to find someone willing to risk buying and then get caught.
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?
Good point, if someone wanting isk get 500 millions selling a GTC, to compete isk sellers should offer a lower price. So high cost GTC is a good thing when we speak of isk selling.
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Nova Fox
Gallente Novafox Shipyards
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Posted - 2008.09.15 06:54:00 -
[93]
hmm I may just start selling codes at 400 mil then just becuase i can get a quicker sale that way.
just may though no garantee
isk prices dropping this badly though usually means they arent making money and are trying to sell current stock of thier isk and no avail that said its probably on thier part thier own isk supply is 'inflated'.
Pre Order your Sisters of Eve ship today!!! |

Eri Chell
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Posted - 2008.09.15 08:12:00 -
[94]
yeah I guess I dont know what it means to have alts ....... but I can tell you what its like to have a life ..... Im guessing you dont.
Originally by: Tasuk Edited by: Tasuk on 14/09/2008 11:54:16
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, srsly.
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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myrddhyn
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Posted - 2008.09.15 10:27:00 -
[95]
It's just a shame prices are this high. ( moved out of my parents house years ago) It used to be a fun option to get an extra character. Now i put my extra character in a coma waiting for better days. And as I'm sure lots of people can afford it but I'm just not willing to pay any more RL cash for it.Just a shame nothing more then that. Hoping for better times.
and on the side; A little more iskfarm hunting would be great. petitioned already a few but i still see em zipping on and off to the belts every day.
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Steve Hawkings
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Posted - 2008.09.15 11:45:00 -
[96]
Originally by: Capri Corn I really don't see what's so difficult to understand about what Mankirks Wife is saying... Unless you enjoy mining, you are doing it to make ISK. That is working, and it is no different from someone working for dollars and then converting those dollars into ISK.
lol Time is not Money and minerals i mine are free!! |

Steve Hawkings
|
Posted - 2008.09.15 11:48:00 -
[97]
Originally by: Charney deGeoff
Originally by: Steve Hawkings I like to spend my cash on real items that i can touch and hold, thats the difference,
Dude.. you're arguing that.. on, erm, the Internet.. and like on virtual spaceship game boards. You're one of those types who don't pay for EVE? or for your Internet connection? Or for your electricity? Damn, now I'm jealous (unless your parents pay for all that, in which case, I'm not very jealous at all).
You too are arguing on here in case you didnt notice, i dont work, i have loads of money and i just laugh at people like you suckered in by the goverments, next thing youll be telling me that time is money. Im still in the belief that people that buy virtual cash with RL money are either stupid or dont value their cash at all. Time is not Money and minerals i mine are free!! |

Gealbhan
Caldari Infernal Syndicate Ethereal Dawn
|
Posted - 2008.09.15 12:00:00 -
[98]
Originally by: Tasuk
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.
I don't have any 60D atm and IF I did, I wouldn't sell it to suspect names like those. Oh, and they'd still be 400mil each. Maybe I should hock a few GTC's this week...hmmm, Friday...
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Aliedora
|
Posted - 2008.09.15 13:31:00 -
[99]
most of you who are whining here should just be happy there is an option to pay for the game with in-game money, I can't think of any other online games where that's allowed.
personally I'm loving the current situation. don't really care as to what causes the inflation or what the consequence will be, but I hate grind and don't have hours and hours to spend in EVE every day earning money. luckily, I earn enough in RL to afford to sell a couple of GTCs here or there to get some extra ISK for a new character or ship and to generally fund my affairs. I just hope the prices will continue to rise :)
flame away.
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Tippia
Caldari School of Applied Knowledge
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Posted - 2008.09.15 13:52:00 -
[100]
Originally by: Steve Hawkings Im still in the belief that people that buy virtual cash with RL money are either stupid or dont value their cash at all.
…or they measure the value of that cash in how much entertainment it can buy them. I don't see the difference between spending it on things that go boom in the ≡v≡ universe, and going for a movie or two. Either way, cash turns into lulz.
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Wendat Huron
Stellar Solutions
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Posted - 2008.09.15 15:46:00 -
[101]
Bot money for the bots, I see no problem.
These forums are FUBAR, upgrade this decade! |

Chelone
Ministry of War
|
Posted - 2008.09.15 16:11:00 -
[102]
400M / 90day = 4.44M / day 500M / 60day = 8.33M / day
87.5% increase in price since I last bought a timecode. I think I'd rather work a few extra hours at my job than grind a billion every 2 months for 2 accounts. Ridiculous.
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Alz Shado
Ever Flow
|
Posted - 2008.09.15 16:29:00 -
[103]
Eve needs more ISK Sinks. If you want to blame anyone for the price of GTCs going up, blame invention lowering the cost of T2 ships to sub-100m levels.
The more ISK people have to spend, the more ways they'll spend it. The best way to turn all that mission reward into something tangible is to trade it for RL Cash - GTCs save you real money.
Demand is drastically outstripping supply in the GTC market. WTS's can ask for just about any outrageous sum and get filled in minutes, while WTBs that stray too low get ignored, and the better ones still take a desperate seller to fill. It's definitely a seller's market, because the buyers really have nothing else to shell out their hard earned bucks for.
Battleships are too disposable and Capital ships are too specialized for low-risk chores. T2 ships are overproduced and have a much higher survivability rating due to their design (high resists, optimized for speed) over their weaker T1 cousins that cost nothing to the pilot due to insurance.
GTCs are guaranteed risk-free and have tangible benefits. If there's anything in EvE that's *not unbalanced*, it's the GTC market. //// ---------=== []= ---------=== \\\\ Rifter(RedBad)
"Kill a man one is a murderer; kill a million, a conqueror; kill them all, a God." -- Jean Rostand |

Tippia
Caldari School of Applied Knowledge
|
Posted - 2008.09.15 16:37:00 -
[104]
Originally by: Alz Shado Eve needs more ISK Sinks. If you want to blame anyone for the price of GTCs going up, blame invention lowering the cost of T2 ships to sub-100m levels.
Soooo… what does T2 manufacturing have to do with ISK sinks? The price of any manufactured goods makes no difference on the amount of ISK in the game.
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Alz Shado
Ever Flow
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Posted - 2008.09.15 17:19:00 -
[105]
Originally by: Tippia
Originally by: Alz Shado Eve needs more ISK Sinks. If you want to blame anyone for the price of GTCs going up, blame invention lowering the cost of T2 ships to sub-100m levels.
Sooooà what does T2 manufacturing have to do with ISK sinks? The price of any manufactured goods makes no difference on the amount of ISK in the game.
Isk Faucet in terms of the player's economy, not necessarily the economy as a whole. T2 is the best indicator of the value of ISK because there's no (meaningful) isk-faucet Insurance reimbursement system for them. When a player loses a 75m ISK HAC, they lose 75m ISK.
Considering that the amount of ISK in the overall economy is growing, it means that players can do more AND pay less for doing it. The value of ISK is reduced when compared with another currency (in this case, Time) It's called monetary inflation, and on a per-player basis the more money they have the less value ISK has to them.
Comparing HACs-to-GTCs -- while the exchange rate used to be 1:1 (that is 1 HAC @ 125m == 30D GTC @ 125m) the rate is now 3:1 (3 HACs @ 75m vs 30D @ 225m ISK, with 60d GTCs @ 450m) So while the price of GTCs may have gone up, the price of HACs have gone down, meaning the average player will be able to afford to pay more because they're still able to buy more ships under the same conditions. //// ---------=== []= ---------=== \\\\ Rifter(RedBad)
"Kill a man one is a murderer; kill a million, a conqueror; kill them all, a God." -- Jean Rostand |

Tippia
Caldari School of Applied Knowledge
|
Posted - 2008.09.15 17:36:00 -
[106]
Originally by: Alz Shado Isk Faucet in terms of the player's economy, not necessarily the economy as a whole. T2 is the best indicator of the value of ISK because there's no (meaningful) isk-faucet Insurance reimbursement system for them. When a player loses a 75m ISK HAC, they lose 75m ISK.
No. When a player loses a 75m ISK HAC, he loses a HAC — the ISK has long since been transfered to the person who built the HAC and hasn't left the system. It is not an ISK faucet if it only applies to a person, and not to the universe. Since the ISK is still around, it can still be used to determine the value of GTCs, and the "ISK movement method" makes no difference.
In other words, invention of T2 ships has as much to do with the price of GTCs as the manufacturing of T1 ammo or Electronics RAM or Shuttles: fsck-all.
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Norrin Ellis
|
Posted - 2008.09.15 18:19:00 -
[107]
I thought about dedicating time to earning ISK for GTCs, as the idea of playing to play rather than paying to play was sort of appealing. Then I realized that in the amount of time I'd have to grind to make enough for even the most inexpensive GTCs, I could be working and making enough real cash to pay for a 6-month subscription to get the discount, and still have some money leftover.
It seems to me the real problem is people who treat EVE like a job (other than the devs, who actually get paid for this), panicking when the fantasy economy fluctuates. Just breathe, gang; it'll be okay.
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Mahke
Comply Or Die G00DFELLAS
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Posted - 2008.09.15 19:58:00 -
[108]
Edited by: Mahke on 15/09/2008 19:58:45
Originally by: Chelone 400M / 90day = 4.44M / day 500M / 60day = 8.33M / day
87.5% increase in price since I last bought a timecode. I think I'd rather work a few extra hours at my job than grind a billion every 2 months for 2 accounts. Ridiculous.
This, really. I larded my account with 90's before the change because I saw some increase in price coming (although not the extent that happened). Just going to switch to paying for 3 (or 6, dunno)-month intervals on credit card once my time runs out (that or take a break for a couple months).
also, "Isk Faucet in terms of the player's economy, not necessarily the economy as a whole. T2 is the best indicator of the value of ISK because there's no (meaningful) isk-faucet Insurance reimbursement system for them. When a player loses a 75m ISK HAC, they lose 75m ISK." is ******ed. When a player loses a HAC, that player may lose 75m isk in value, but the isk is still in a players hands -- what is lost is the raw materials used to build the HAC, the effort of building it, and the BPO-time (or invention parts) used. Isk in system is purely related to how much is created, directly (as in, bounties and whatnot, not mining or the like), versus how much is destroyed (stuff like buying a BPO from an NPC, not like losing a ship) (although I suspect that a few very, very rich people hording billions of isk acts as a deflationary force for non-collectors items along with traditional sinks).
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Haniblecter Teg
F.R.E.E. Explorer Elitist Cowards
|
Posted - 2008.09.15 20:23:00 -
[109]
Edited by: Haniblecter Teg on 15/09/2008 20:24:40 MORE ISK SINKS!
Docking fees for any non-trail pilot? NPC Corporate dues? Increased transaction taxes? Fuel requirements?
There's tons of ways to take 100's of billions out of the system in a short amount of time. And it'd be damn easy to adjust them on new projections. Get that economist aworkin!
EDIT: Hell, NPC sell orders on shuttles was probably a HUUUGE sink for a long time. Its been a few months since that ended, and look at what's happening. ----------------- Friends Forever |

Kephael
Caldari LEAP Corp Ursa Stellar Initiative
|
Posted - 2008.09.15 20:31:00 -
[110]
Originally by: Stormwind Bloodfeather Edited by: Stormwind Bloodfeather on 15/09/2008 02:05:21
Originally by: Zhenga Well I support Bush and John McCain. Bush has not ruined my economy. Osama Obama will destroy it tho Sad. I guess I better get selling these GTC's. Sounds like it would be cheap iskies.
What dream world are you living in? Bush has absolutly messed up the american economy. We are paying for a war, he lied to get us into. Paying stupid prices for gas, paying stupid prices for food and other "services" etc.
I guess $5.00 a gallon for gas doesn't affect you much, but I pay $55.00 a fuel up in a car that is easy on gas. Unfortunatly, I also have to drive a lot because of my job which means I am paying close to $325.00 a month for fuel. I don't make a lot of money, and have had to scale back a huge amount. EVE is next on the cutting back block if I am to keep my job (i.e. have fuel for my car). I would buy a cheaper more economical car.... but I get awesome gas mileage in my prius (45mpg) and it don't get much better than that.
Bush and his OIL BARON *****s have absolutly screwed the economy. And anyone who doesn't see that is either living with mommy and daddy or has a job that pays significantly better than the average american has. I'll assume you have the job as you don't strike me as a teen.
Storm
*edit I am also NOT an Obama supporter. I personally think American Politics is an Oligarchy...
Oligarchy ol+i+gar+chy /ˈɒlɪˌgɑrki/ Pronunciation Key - Show Spelled Pronunciation[ol-i-gahr-kee] ûnoun, plural -chies. 1.a form of government in which all power is vested in a few persons or in a dominant class or clique; government by the few. 2.a state or organization so ruled. 3.the persons or class so ruling.
A "two" party government is just two sides of the same coin. American Government stopped being "for the people, of the people" when "parties" came into vogue. Take a close note of who's in Office. NONE of them are less than Millionaires. NONE of them are any different than their "opposing" party members. You have two parties full of criminals self deluded into thinking they have the right to power and control. Seriously, we should just .302 the entire government and start from scratch.
storm...
Your lack of understanding of how a market functions is amazing.
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Somealt Ofmine
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Posted - 2008.09.15 21:21:00 -
[111]
You're saying this like it's a paradox. It's not. Isk is worth less in real currency. This only indicates an imbalance between buyers and sellers in the buyer's favor.
The only thing that has changed radically is the value (in isk) of rare moons. I doubt that eve has seen a massive influx of macro miners and other kinds of farmers since last year. What has changed is that some alliances now have more isk than they know what to do with, and so they want to pay for game time with it, but the number of cash-rich, time starved players (older players with jobs, mostly) hasn't grown to meet the supply.
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Tasuk
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Posted - 2008.09.15 21:50:00 -
[112]
Edited by: Tasuk on 15/09/2008 21:51:02
Originally by: Aliedora most of you who are whining here should just be happy there is an option to pay for the game with in-game money, I can't think of any other online games where that's allowed.
personally I'm loving the current situation. don't really care as to what causes the inflation or what the consequence will be, but I hate grind and don't have hours and hours to spend in EVE every day earning money. luckily, I earn enough in RL to afford to sell a couple of GTCs here or there to get some extra ISK for a new character or ship and to generally fund my affairs. I just hope the prices will continue to rise :)
flame away.
Next time you see an issue that concerns you and you want to express your opinion about it, just remember to be thankful to be alive at all and swallow it down lol
Any issue obviously has multiple sides to it and where some people get screwed there is always someone who will find ways to prosper off them.
Originally by: Alz Shado Eve needs more ISK Sinks. If you want to blame anyone for the price of GTCs going up, blame invention lowering the cost of T2 ships to sub-100m levels.
The more ISK people have to spend, the more ways they'll spend it. The best way to turn all that mission reward into something tangible is to trade it for RL Cash - GTCs save you real money.
What you are talking about has actually come to equilibrium quite some time ago. The extra ISK people had in their pockets made GTC prices rise but they stabilized in the 150-200 million range for the 30 day codes and 350-400 million for 90 day codes. Then for half a year they did not change and stayed in this range.
The 60 day codes started in high 200s and stabilized at around 400 for some time then suddenly jumped up to 500 mil ISK. But invention, which was introduced very long time ago, and people having extra isks in their pockets has had nothing to do with this sudden jump than happened over the past months. Otherwise we would have seen prices on old codes rising up indefinitely as well which they did not. They rose and then came to an equilibrium for quite some time. I traded some GTCs back in the day when it was allowed. This is why i was following prices on them week after week and I know their price history going 1.5 years back.
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Somealt Ofmine
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Posted - 2008.09.15 22:36:00 -
[113]
Originally by: Haniblecter Teg Edited by: Haniblecter Teg on 15/09/2008 20:24:40 MORE ISK SINKS!
Uh.... how bout we don't.
CCP should in no way try to prop up the real currency value of isk. If we start to see substantial inflation in the game for stuff IN THE GAME they might need to take action.
If you decrease the money supply at a time when the prices of most things are already falling, you'll accelerate the decline. The only people who would make out would be those who get a fixed amount of isk for what they do in the game (missioning and ratting mostly) at the expense of those who depend on the market to make money (miners and builders).
You need a better reason to do that than someone not being able to pay for their six accounts with isk.
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Cmdr Sy
Appetite 4 Destruction The Firm.
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Posted - 2008.09.15 23:30:00 -
[114]
An alternative explanation is EULA enforcement demand-side is visible enough for GTC ISK to command a significant premium, and fear of being trojaned or defrauded could also be having an effect. Anecdotally there seems to be less willingness on the part of players to assume the risks inherent in an illegal transaction. Supply-side, the farmers may have increased their ISK supply by tapping high-end kill agents and LP stores, putting more pressure on prices in an already less receptive market.
EVE CCG Trinity Booster |

Lady Valory
Caldari Caldari Strike Force
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Posted - 2008.09.15 23:52:00 -
[115]
I guess we should add some certainties to the discussion:
1) isk farmers dont pay their recurrent monthly fees with their own cash...
OK, that's all we need to know....
SO, we have a "illegal player base" of thousands of accounts who will NEVER pay their monthly fee in cash... [not counting stolen credit cards here]
This means that there must be legitimate players (thousands of them) who pay for THEIR accounts with cash AND also sell game time cards for isk to fund the isk farmers account!
If for whatever reason these "double payers" decline, then the price of time cards goes up ALOT since isk farmers will never pay for their accounts with cash...
If the amount of legitimate sellers declines by more than the statistical norm, then the smaller pool of game time cards will be fought over by the farmers as they have the most isk.
Then the few thousand legitimate players who use time cards to fund their extra accounts are in a bind:
1) how can they compete time-wise with isk farmers farming 23 hours a day 2) is that extra account really "worth" 500-900 mil isk a month?
So they start selling fewer time cards, and the isk farmers are now forced to compete against the shrinking pool of time cards...
Also I have another theory...
Finally characters from Red Moon Rising and other expansions are becoming maxed out...
Many players had several alt accounts so they could train for MOM pilots, or a max exploration pilot, or a max hulk pilot or whatever...
Since HEAT, there haven't been ANY really intense skill paths that would warrant extra accounts... In other words many people are completing mauraders 5 or heavy dictors 5, etc...
This means that a few 1000 people can now move the "finished" character from a training account to their main account, and cancel the training account.
With the lack of completely new skill paths, there will be a shrinking of accounts somewhat and also subsequent decrease of need for isk to fund those accounts... In the end as the pie gets smaller, the farmers will just keep bidding against each other for time cards...
Last, with the 60 day time cards, farmers lose a lot more isk when their accounts are banned...
For example, if I was CCP, I would ONLY ban farmers on the first day of their 60 day renewel, I.E. a farmer funds his account for a new 60 days, and on day ONE I ban them. This not only bans the farmer but costs the farmer the 500mil isk they just paid for the time card. This in turn leads the farmer to immediately add a new farmer and buy a new 60 day card, so then 61 days later BAM, that one is banned...
I'll make a wild prediction of 1 billion isk max for 60 day time cards... |

Jerald Lutney
Gallente Solarforge Manufacturing
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Posted - 2008.09.16 03:10:00 -
[116]
Originally by: Zeba 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. 
Q.F.T.
Having a 45 hour a week job (because it means I get paid for 47.5 hours) means little time to spend farming the iskies to pay for a GTC, but gives me a rather good boost in spending cash. I can cut out a pizza delivery twice a month and subsist on a $1.04 double-cheeseburger w/o cheese and mustard to pay for some EVE time. Honestly just goes to my hips anyways.
I can understand that if you have the means by which to pay off 1.5 billion ISK per month to keep your alts going for free, why not? Its part of why I'm debating putting off an MMO that came out on Sunday to take advantage of the Power of Two promo (seriously. Cannot argue with 6 months for 50 bucks.) to help boost my overall productivity with mining and looting, and possibly become enough to pay for a single account in ISK-GTC trades, while still handing over the 35 every two months to keep the other and not have to change my habits at all.
[text removed by balaclava clad special forces] Solarforge Manufacturing Making T2 Invention easier than IKEA assembly! |

Pesky LaRue
Minmatar L.O.S.T. Defence Force
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Posted - 2008.09.16 05:32:00 -
[117]
Originally by: Steve Hawkings Edited by: Steve Hawkings on 14/09/2008 14:37:13
Originally by: Pan Crastus Edited by: Pan Crastus on 14/09/2008 14:12:19
Originally by: Steve Hawkings
i feel sorry for people like you that seem to think your time has a value, i think the purchasing of Pixels for RL cash is ridiculous and only those with more money than sense actually do it.
You don't get it. People are paying to have fun in the game (a.k.a. PVP) because making ISK isn't fun (in most cases). Buying ISK is not in any way worse than grinding many hours for it, people whose time has no value in RL seem to overlook that fact.
Does not apply for the few people who are actually enjoying mining and other mind-numbing activities in EVE, of course they won't buy ISK.
As for the old "RL cash for pixels" argument - RL money is also just numbers, it's worth nothing unless you do something with it that you enjoy.
I get it perfectly well thanks you i just dont aggree with you, Try to justify it to me however you like, you cant, each to his own. I like to spend my cash on real items that i can touch and hold, thats the difference, only those with more money than sense buy pixels for cash, and thats the bottom line.
no, just because that's YOUR bottom line, doesn't make it an absolute. it'll do you go in the long-run to try and understand someone else's perspective, even if you don't agree with it.
personally, i don't buy GTC's or ingame cash, but i completely understand why others do. one of my RL pals loves to PvP, but he has a job, a wife, kids, pets, hobbies, etc, etc, so he gets a grand total of about 3 hours a week (on a good week) to play - so, he buys GTC's periodically and sells them and gets to spend his limited ingame time doing what he loves to do (pewpew) and not waste his limited time grinding out missions or mining.
the real bottom line is that you spend your money on what makes YOU happy and others can spend their money on what makes THEM happy
This message came from the Minmatar Messiah, accept no imitations Pesky LaRue, Minmatar Messiah Bringing Salvation To Your System Soon! ++ PRAY FOR PESKY ++ |

Pesky LaRue
Minmatar L.O.S.T. Defence Force
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Posted - 2008.09.16 05:34:00 -
[118]
Originally by: Steve Hawkings
yea but thats not the point, you picked up on somthing totally different. we all rent pixels for cash but we are discussing Buying pixelated cash which is not even yours for RL cash.
ok, but when you go to the cinema, what do you do? do you buy the movie? or do you just buy the right to enjoy the movie for a given amount of time?
This message came from the Minmatar Messiah, accept no imitations Pesky LaRue, Minmatar Messiah Bringing Salvation To Your System Soon! ++ PRAY FOR PESKY ++ |

5yndr0m3
Caldari Deep Core Mining Inc.
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Posted - 2008.09.16 08:42:00 -
[119]
I will make this simple for everyone.
supply = low demand = high
in return, prices go up.
/thread
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Imiarr Timshae
Caldari Funny Men In Funny Hats
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Posted - 2008.09.16 08:46:00 -
[120]
Honestly, the "Get a job" crap is really not a good idea for all of us.
I'm a university student who will soon be living on ú0.50 or $0.25 a day.
Thats including the work I will be getting.
(Going to lose a LOT of weight )
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Malcanis
RuffRyders Axiom Empire
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Posted - 2008.09.16 09:05:00 -
[121]
Originally by: Imiarr Timshae Honestly, the "Get a job" crap is really not a good idea for all of us.
I'm a university student who will soon be living on ú0.50 or $0.25 a day.
Thats including the work I will be getting.
(Going to lose a LOT of weight )
If you're living on ú182.50 a year, I suggest getting a slightly better job.
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Tasuk
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Posted - 2008.09.16 09:28:00 -
[122]
Edited by: Tasuk on 16/09/2008 09:30:59
Originally by: Imiarr Timshae Honestly, the "Get a job" crap is really not a good idea for all of us.
I'm a university student who will soon be living on ú0.50 or $0.25 a day.
Thats including the work I will be getting.
(Going to lose a LOT of weight )
Same situation here. I signed a lot of paperwork with my graduate school, one piece specifically stating that under the terms that I entered, it is against the school rules for me to have another job outside my work/studies within the program. My income will be fixed for the next 4 years and it is right on the border of making ends meet, such that even $15 makes a difference as, for example, each month it can buy you a few extra meals.
Typical response to that is "well then you shouldn't be playing games then eh?" but nevertheless students are still human beings and need some form of occasional entertainment too.
Originally by: Malcanis If you're living on ú182.50 a year, I suggest getting a slightly better job.
It can be an issue of opportunity - some places just don't have any better jobs.
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Imiarr Timshae
Caldari Funny Men In Funny Hats
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Posted - 2008.09.16 09:36:00 -
[123]
Originally by: Malcanis
Originally by: Imiarr Timshae Honestly, the "Get a job" crap is really not a good idea for all of us.
I'm a university student who will soon be living on ú0.50 or $0.25 a day.
Thats including the work I will be getting.
(Going to lose a LOT of weight )
If you're living on ú182.50 a year, I suggest getting a slightly better job.
Wow, I had not thought of getting a better job. What a unique and deeply helpful suggestion.
Strangely, there is a very limited amount of work that an unqualified, disabled university student can do.
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Evanade
Rionnag Alba Triumvirate.
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Posted - 2008.09.16 10:00:00 -
[124]
Remove insurance, change basic payout to 25% of base value, nerf highsec missions to net alot less ISK and change it so that NPC's drop only named items and no plain t1, and alot less named at that. Balance NPC ISK reward just like missions LP rewards, the more that get killed the lower their value becomes.
That should get the eve economy going in the right direction.. --------------------------- sok alt - main got banzored |

Rashmika Clavain
Gallente Revelation Space
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Posted - 2008.09.16 10:21:00 -
[125]
Originally by: Banana Torres
Originally by: Borg 6517 600mil now this is insane in next 2 months there will only bots and farmers playing this game
And me.
...and me, and my partner, and most of my friends who don't use GTC's  Removed. Please keep your EVE signature related to your EVE persona and not that of a real life politician. Navigator |

Doddy
Omega Fleet Enterprises Executive Outcomes
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Posted - 2008.09.16 10:32:00 -
[126]
Originally by: Tasuk Edited by: Tasuk on 14/09/2008 11:53:33
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 buy less and less GTCs and more farmed ISKs gtc prices rise due to lack of supply people close down their additional accounts being unable to afford them farmers sell moar isk, ccp sells less game time game suffers (not dies, just suffers)
I watch farmer ISK prices because they are typically one of the indicators where the GTC prices will go, up or down  Not because i buy ISK.
Highly unlikely tbh. I would think the RMT prices are dropping because less people are buying isk for fear of getting their capitals repossessed thanks to all the forum threads of "ccp stole my titan" etc. GTC prices are going up simply because people have more isk to spend. The % of people who were buying GTCs but would switch to RMT at the drop of the hat is probably very small, you are either willing to break the EULA or not, a few $ other way isn't going to make much diff.
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Malcanis
RuffRyders Axiom Empire
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Posted - 2008.09.16 11:18:00 -
[127]
Originally by: Doddy I would think the RMT prices are dropping because less people are buying isk for fear of getting their capitals repossessed thanks to all the forum threads of "ccp stole my titan" etc.
Thanks for reminding about that one. Most epic butt-hurt isk-buyer yet 
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Reiisha
Splint Eye Probabilities Inc. Dawn of Transcendence
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Posted - 2008.09.16 11:29:00 -
[128]
Originally by: Borg 6517 600mil now this is insane in next 2 months there will only bots and farmers playing this game
Eh, not everyone pays for their accounts with ISK? In fact, the minority does.... Most people pay with a creditcard or similar.
EVE History Wiki
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Steve Hawkings
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Posted - 2008.09.16 11:40:00 -
[129]
Edited by: Steve Hawkings on 16/09/2008 11:40:27
Originally by: Imiarr Timshae Honestly, the "Get a job" crap is really not a good idea for all of us.
I'm a university student who will soon be living on ú0.50 or $0.25 a day.
Thats including the work I will be getting.
(Going to lose a LOT of weight )
poppy****, Either you know nothing about the benefits we throw at disabled people or you are delibratly turning them down. Time is not Money and minerals i mine are free!! |

5pinDizzy
Amarr Umpteenth Podding
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Posted - 2008.09.16 11:58:00 -
[130]
Eve isn't casual and carefree enough to be thought of as much else but a 2nd job anyway.
Both Eve and Reality counts as your time invested, which is the only real currency you have.
So does it matter that much if it's your real life money from your real life job or your space pixel money from your space pixel job?
I still don't see where the sympathy needed is needed in this thread.
People are saying their isn't enough ISK sinks and such to help the GTC market, yet the GTC market is an ISK sink. Just because the economy is inflating and people are getting priced out.
Why is it so different from moaning that you want a 100 mill battleship but you only feel like paying 50 million cause you remember they were 50 mill this one time.
I don't think farmers are your problem. I simply don't think there's even enough of them to effect the GTC market that drasticly. They only make up about 5% tops of the playerbase from what I've seen.
I'd say it's more given a choice EVERYONE who can afford it will rather pay with made up space money then real life $ for their subscription, and a lot of people would appear to have alts to double or triple or quadruple the estimated grind for gtc's. Making it pretty feasable to subsidise at least 1 or 2 accounts with GTC's.
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Tippia
Caldari School of Applied Knowledge
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Posted - 2008.09.16 12:01:00 -
[131]
Originally by: 5pinDizzy EPeople are saying their isn't enough ISK sinks and such to help the GTC market, yet the GTC market is an ISK sink.
How so? It just moves the ISK around between people — none is destroyed in the process, afaik. Redistribution ≠ sink.
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Ceremony Garp
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Posted - 2008.09.16 12:09:00 -
[132]
I have bought GTC's in the past when I didn't have access to credit card facilities - i.e, I don't have one.
I've also not played any other online game, so imagine my surprise when I discovered that I could still play EvE and [using their ingame resources], be able to pay for my game? Awesome!
CCP must be losing money on this, no? I mean, no financial transaction takes place, yet I can still play by either running missions or mining, and using the ISK generated to buy a code that allows me to play for another month or so, right?
I just don't geddit - but I'm not complaining!
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Malcanis
RuffRyders Axiom Empire
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Posted - 2008.09.16 12:10:00 -
[133]
Originally by: Ceremony Garp I have bought GTC's in the past when I didn't have access to credit card facilities - i.e, I don't have one.
I've also not played any other online game, so imagine my surprise when I discovered that I could still play EvE and [using their ingame resources], be able to pay for my game? Awesome!
CCP must be losing money on this, no? I mean, no financial transaction takes place, yet I can still play by either running missions or mining, and using the ISK generated to buy a code that allows me to play for another month or so, right?
I just don't geddit - but I'm not complaining!
What? Why would CCP be losing money? Player A buys a GTC from CCP for dollars and sells it to player B for ISK.
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Bish Ounen
Gallente Omni-Core Freedom Fighters Ethereal Dawn
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Posted - 2008.09.16 12:10:00 -
[134]
Originally by: 5pinDizzy Eve isn't casual and carefree enough to be thought of as much else but a 2nd job anyway....
Um, not to flame you or anything, but if you find EVE to be more like work than fun, then may I humbly suggest playing something else for awhile? If you are in corp leadership, hand the reigns to someone else for a bit and go outside. NO game should EVER feel like work. The moment it does is the moment to walk away.
As far as the rest of your post I absolutely agree. I think the OP is just being overly dramatic. Tactical Logistics using the last T1 Frigate hull!
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Ceremony Garp
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Posted - 2008.09.16 12:16:00 -
[135]
Originally by: Malcanis
Originally by: Ceremony Garp I have bought GTC's in the past when I didn't have access to credit card facilities - i.e, I don't have one.
I've also not played any other online game, so imagine my surprise when I discovered that I could still play EvE and [using their ingame resources], be able to pay for my game? Awesome!
CCP must be losing money on this, no? I mean, no financial transaction takes place, yet I can still play by either running missions or mining, and using the ISK generated to buy a code that allows me to play for another month or so, right?
I just don't geddit - but I'm not complaining!
What? Why would CCP be losing money? Player A buys a GTC from CCP for dollars and sells it to player B for ISK.
Aye, but I haven't laid out a single penny/cent/franc/etc, etc personally. That's what I meant. 
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Ceremony Garp
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Posted - 2008.09.16 12:17:00 -
[136]
Edited by: Ceremony Garp on 16/09/2008 12:18:46
Quote: Um, not to flame you or anything, but if you find EVE to be more like work than fun, then may I humbly suggest playing something else for awhile? If you are in corp leadership, hand the reigns to someone else for a bit and go outside. NO game should EVER feel like work. The moment it does is the moment to walk away...
Lol, agreed.
ALthough I will say that I run missions [seems like work, lol] to generate isk to buy ships n' stuff to pvp in [recreation].
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Cautet
Killer Koalas Kingdom of Butan
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Posted - 2008.09.16 12:18:00 -
[137]
Originally by: Tasuk Edited by: Tasuk on 14/09/2008 11:53:33
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 buy less and less GTCs and more farmed ISKs gtc prices rise due to lack of supply people close down their additional accounts being unable to afford them farmers sell moar isk, ccp sells less game time game suffers (not dies, just suffers)
I watch farmer ISK prices because they are typically one of the indicators where the GTC prices will go, up or down  Not because i buy ISK.
Ok, you are both slightly wrong and slightly right.
The underlying fact you have both missed is that GTC's are more expensive in real money now for EU and GBP. Equiv of ú20 for 60 days gtc VS ú7.50 for 30 days.
If you calculate that with average prices that a 30 day GTC used to go for - say 180 mil, then convert that to ú per isk = ú1 used to buy you 24,000,000 isk.
Now, to get the same isk for your ú1 you have to sell a 60 day GTC at 480,000,000 isk.
On top of that people who paid money for GTC to run the game, not to sell, have seen a huge price increase. And they have to lay out more money at a time to buy GTC for use and/or for selling. It is only natural that numbers of people selling GTC's would fall slightly, and this in turn both creates higher prices and also more price instability (fewer sellers, less of a perfect market, price fluctuates more).
As to the price isk sellers sell at it could have gone down due to more sellers, or due to less sellers. Or due to something else. I would suspect that there was an initial rise in demand for isk due to illegal methods, casuing a supply side increase (more isk sellers), causing too much isk being sold. But it could equally be drop in price due to fear from players of losing their accounts and not using those systems. Or less players buying isk for ú illegally and using that isk to buy GTCs ingame.
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Tasuk
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Posted - 2008.09.16 12:22:00 -
[138]
Originally by: 5pinDizzy People are saying their isn't enough ISK sinks and such to help the GTC market, yet the GTC market is an ISK sink. Just because the economy is inflating and people are getting priced out.
Why is it so different from moaning that you want a 100 mill battleship but you only feel like paying 50 million cause you remember they were 50 mill this one time.
Simply consider that there needs to be a balance. CCP cannot let ISK cost too cheaply. The cheaper the ISK gets, the more people will start buying it both via game time codes and farmer websites. And do you really want to play a game where all territorial wars are being fought with credit cards and bank accounts? Where endgame is extremely easy to achieve that players would quit the game much faster? Where most farmed ISK buyers would get away with it because CCP would simply not have enough manpower to track them all? Quite obviously you cannot just let ISK become extremely cheap then shrug your shoulders and say "oh well, that's how the market dictated it to be". And of course neither can you make GTC ISK become too expensive because then more people would buy farmed ISKs.
Originally by: 5pinDizzy I don't think farmers are your problem. I simply don't think there's even enough of them to effect the GTC market that drasticly. They only make up about 5% tops of the playerbase from what I've seen.
What I say comes from my observations of the GTC prices and prices on farmed ISK both of which I have been following for over a year. I say there is a noticeable effect when farmed ISK gets cheaper the game time code prices rise. Whether you believe my observations or not that is up to you. One point remains still - farmers have dropped prices on ISK to an all time low, as there is clearly an oversupply meaning they have found safer more profitable ways to harvesting it form the game and CCP hasn't caught up with them yet. For why they might be interested in catching up, see the paragraph above.
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Dipluz
Caldari FroZen SoulS Skunk-Works
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Posted - 2008.09.16 12:27:00 -
[139]
To this failthread from poor people I say get a job, get some balls, and pay to play. that was the eve I started playing in the first place was, and now theres WAY to many kids, so the more expensive GTC are the more happy I am.
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Tasuk
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Posted - 2008.09.16 12:37:00 -
[140]
Originally by: Cautet Ok, you are both slightly wrong and slightly right.
The underlying fact you have both missed is that GTC's are more expensive in real money now for EU and GBP. Equiv of ú20 for 60 days gtc VS ú7.50 for 30 days.
If you calculate that with average prices that a 30 day GTC used to go for - say 180 mil, then convert that to ú per isk = ú1 used to buy you 24,000,000 isk.
Now, to get the same isk for your ú1 you have to sell a 60 day GTC at 480,000,000 isk.
On top of that people who paid money for GTC to run the game, not to sell, have seen a huge price increase. And they have to lay out more money at a time to buy GTC for use and/or for selling. It is only natural that numbers of people selling GTC's would fall slightly, and this in turn both creates higher prices and also more price instability (fewer sellers, less of a perfect market, price fluctuates more).
The conversion ratio of real money into ISK has fallen drastically irregardless of whether you are buying codes from North American or Europe. Old conversion of $15 game time code sold for 180 mil ISK: $83/billion ISK New conversion of $34 game time code sold for 500 mil ISK: $68/billion ISK
To get the same conversion ratio with the new 60d code you would have to sell them for about 400 million ISK which is what the price has been entire summer, until the recent hike up to 500 mil.
It doesn't matter if this is euros or dollars because europeans can right now buy them for $34, which is an increase of about $2.50 per month. So yes, GTCs are slightly more expensive, but does this really warrant such a huge drop in conversion ratio?
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Tasuk
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Posted - 2008.09.16 12:38:00 -
[141]
Originally by: Dipluz To this failthread from poor people I say get a job, get some balls, and pay to play. that was the eve I started playing in the first place was, and now theres WAY to many kids, so the more expensive GTC are the more happy I am.
and i say learn2read and learn2discuss intelligently before hitting the reply button to flame (oh and while you are at it, learn2spell too)
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Cautet
Killer Koalas Kingdom of Butan
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Posted - 2008.09.16 13:12:00 -
[142]
Edited by: Cautet on 16/09/2008 13:13:32
Originally by: Tasuk
Originally by: Cautet Ok, you are both slightly wrong and slightly right.
The underlying fact you have both missed is that GTC's are more expensive in real money now for EU and GBP. Equiv of ú20 for 60 days gtc VS ú7.50 for 30 days.
If you calculate that with average prices that a 30 day GTC used to go for - say 180 mil, then convert that to ú per isk = ú1 used to buy you 24,000,000 isk.
Now, to get the same isk for your ú1 you have to sell a 60 day GTC at 480,000,000 isk.
On top of that people who paid money for GTC to run the game, not to sell, have seen a huge price increase. And they have to lay out more money at a time to buy GTC for use and/or for selling. It is only natural that numbers of people selling GTC's would fall slightly, and this in turn both creates higher prices and also more price instability (fewer sellers, less of a perfect market, price fluctuates more).
The conversion ratio of real money into ISK has fallen drastically irregardless of whether you are buying codes from North American or Europe. Old conversion of $15 game time code sold for 180 mil ISK: $83/billion ISK New conversion of $34 game time code sold for 500 mil ISK: $68/billion ISK
To get the same conversion ratio with the new 60d code you would have to sell them for about 400 million ISK which is what the price has been entire summer, until the recent hike up to 500 mil.
It doesn't matter if this is euros or dollars because europeans can right now buy them for $34, which is an increase of about $2.50 per month. So yes, GTCs are slightly more expensive, but does this really warrant such a huge drop in conversion ratio?
It's the conversation from US to Euro and ú that made the old GTC very cheap to buy for a period for EU and UK residents. CCP changed the prices of GTC's because of this exchange rate disparity to put it back in line with all non US currencies. If you look at things in dollar's it doesn't make sense, but if you look at the very low cost of dollar to UK and EU for past couple of years in does make sense. And there are enough non US residents playing the game for this to have had a huge effect on price of isk to buy GTC's.
In fact CCP would probably not have changed it unless there were a huge number of people from outside the US buying GTC's for american currency and dropping their home currency purchases.
In fact, it can't be a coincidence that the price seems to have settled around the same ú per 1mil isk unit value as before the price increase.
Also, you have to factor in the time lag. This is how it works - people knew the GTC's were going to go up in price so they bought more. This excess supply of GTC's prevented the full impact of the higher prices effecting the GTC price in isk. That supply I would assume has now largely been exhausted.
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5pinDizzy
Amarr Umpteenth Podding
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Posted - 2008.09.16 13:52:00 -
[143]
Originally by: Tippia
Originally by: 5pinDizzy EPeople are saying their isn't enough ISK sinks and such to help the GTC market, yet the GTC market is an ISK sink.
How so? It just moves the ISK around between people ù none is destroyed in the process, afaik. Redistribution ≠ sink.
Mhm mhm, you're right of course, was thinking too 1 dimensional there.
I'd just like to point out anyone who really wants more actual isk sinks in the game I think should start by looking at insurance tweaking.
As for the GTC balance. Well I always thought it was a cop out anyway, it only ever leads to the cheapening of ingame money and situations like we're in now. Even if it is delightful for people who can play for free. But as someone said before CCP adopted the "if you can't beat them, join them" tactic to a lot of their game altering.
You aren't going to beat real money traders ever I think unless you make them accessible to danger and competition or limited resources. Which like every other MMO, Eve provides infinite resources and safety in at least certain areas of the game.
Shame seeing as the original idea of how Eve should have been would have been a very workable anti farmer solution in the always looking pew pew playerbase.
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Seeing EyeDog
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Posted - 2008.09.16 13:55:00 -
[144]
Originally by: MotherMoon the fact that the isk is cheap means they are getting cuaght, the less demand the lower the prices go.
someone never quite got the economic principle of "surplus"? This has nothing to do with people getting caught, but rather the fact that there are SO MANY macroe'rs bringing in ISK, that they can afford to sell it cheap. _____________________
Originally by: Locus Bey Intelligence isn't a prequisite for being a Goon, in fact its a deficit.
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Tasuk
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Posted - 2008.09.16 14:16:00 -
[145]
Edited by: Tasuk on 16/09/2008 14:16:29
Originally by: Cautet It's the conversation from US to Euro and ú that made the old GTC very cheap to buy for a period for EU and UK residents. CCP changed the prices of GTC's because of this exchange rate disparity to put it back in line with all non US currencies. If you look at things in dollar's it doesn't make sense, but if you look at the very low cost of dollar to UK and EU for past couple of years in does make sense. And there are enough non US residents playing the game for this to have had a huge effect on price of isk to buy GTC's.
The slight increase in the price of the game time codes in both euro and dollar does not explain the way the conversion ratio of money->ISK has fallen. This conversion ratio does not depend on currency. The prices on codes should have obviously gone up, but the conversion ratio should have stayed same as it has been holding since last summer.
Here is what it looks like in euros. 30 day game time codes could be about for about 9eu (15 in dollars). The new 60 day game time code costs 22.30 eu. 9 eu for 180 mil = 50 eu/bil 22.30 for 500 mil = 44.6 eu/bil Once again, even in euros the ISK has become cheaper to buy.
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Cautet
Killer Koalas Kingdom of Butan
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Posted - 2008.09.16 15:54:00 -
[146]
Originally by: Tasuk Edited by: Tasuk on 16/09/2008 14:16:29
Originally by: Cautet It's the conversation from US to Euro and ú that made the old GTC very cheap to buy for a period for EU and UK residents. CCP changed the prices of GTC's because of this exchange rate disparity to put it back in line with all non US currencies. If you look at things in dollar's it doesn't make sense, but if you look at the very low cost of dollar to UK and EU for past couple of years in does make sense. And there are enough non US residents playing the game for this to have had a huge effect on price of isk to buy GTC's.
The slight increase in the price of the game time codes in both euro and dollar does not explain the way the conversion ratio of money->ISK has fallen. This conversion ratio does not depend on currency. The prices on codes should have obviously gone up, but the conversion ratio should have stayed same as it has been holding since last summer.
Here is what it looks like in euros. 30 day game time codes could be about for about 9eu (15 in dollars). The new 60 day game time code costs 22.30 eu. 9 eu for 180 mil = 50 eu/bil 22.30 for 500 mil = 44.6 eu/bil Once again, even in euros the ISK has become cheaper to buy.
60day GTC = US 35 = around EURO 25 - that's my calculation anyhow. I'm prepared to accept the 9 euro for 30 days.
Average prices at the moment are between 460 and 480 million isk for GTC 60 rather than 500 mil. 1 euro = around 19.2 mil isk. 1 bil isk costs around 52 euro/bil (on 480 eu/bil)
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Somealt Ofmine
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Posted - 2008.09.16 16:29:00 -
[147]
Edited by: Somealt Ofmine on 16/09/2008 16:30:05
Originally by: Evanade Remove insurance, change basic payout to 25% of base value, nerf highsec missions to net alot less ISK and change it so that NPC's drop only named items and no plain t1, and alot less named at that. Balance NPC ISK reward just like missions LP rewards, the more that get killed the lower their value becomes.
That should get the eve economy going in the right direction..
Yeah, nerfing both materials and isk supply will tend to make the real currency value of isk rise while holding in-game prices fairly steady, however, if you nerf insurance payouts you're likely to make players who are already too averse to risk get even more so. You'll end up further suppressing demand.
You may also make the game less attractive to a much larger percentage of the player base (high-sec PvE players) than the percentage of players who would be helped (isk-rich power gamers who want to pay for the game with isk and professional isk farmers).
Business wise, probably not a good move for CCP overall.
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Victor Kruger
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Posted - 2008.09.16 16:54:00 -
[148]
If you really want to nerf the Isk influx then you have to nerf mission rewards + bounty payouts + loot OVERALL, not just in highsec. And don't get started on risk versus reward, that horse stinks pretty bad already. There's plenty of low/nullsec RMT farmers around with alliances who rent out space to them knowing very well that they get paid with dirty money.
--------------- Hey, where's my portrait |

Mahke
Comply Or Die G00DFELLAS
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Posted - 2008.09.16 18:23:00 -
[149]
"My conclusion is that a very significant event happened recently to GTC's, which was a price increase in dollars. Surely you would agree that this is the significant driving factor, even if you do not agree with my figures. otherwise the isk prices of GTC's would have stayed the same for GTC's or risen independantly of any changes to the GTC cos in dollarst."
You don't get it. Assuming price is completely dependent on seller-end demand for isk (which should overvalue GTCs!), the price per day of game time should have gone up while the isk/dollar ratio remains the same. So higher prices, but same ratio. That the ratio changed means greater and other forces are at work. And the people talking about dollars vs. Euro's/pounds don't know what they are talking about -- the dollar as been recovering recently, not weakening further.
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5pinDizzy
Amarr Umpteenth Podding
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Posted - 2008.09.16 19:10:00 -
[150]
When CCP finally get off their butts and integrate mining into their deadspace authoring system like they've talked about for years, that's the one only thing I can see coming that stands a chance of really hurting the macroers income.
But then that'll just mean more will pile over to missions, and mineral prices might go up and it actually becomes as lucrative as mission running for once.
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Lady Valory
Caldari Caldari Strike Force
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Posted - 2008.09.16 21:14:00 -
[151]
When a spawn in 0.0 is attacked, the entire spawn despawns in 5 minutes and a random spawn from the database is selected at the respawn time.
ERGO--no more farming triple and double bs spawns ALL DAY EVERY DAY.
ERGO--isk problem solved to some degree.
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sirtradealot
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Posted - 2008.09.16 21:24:00 -
[152]
Originally by: Tasuk
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.
This... Sold one recently and only afterwards did I think: "from his spelling, grammar and no-nonsense attitude, that could easily have been a isk-farmer"...
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Dztrgovac
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Posted - 2008.09.16 21:47:00 -
[153]
Affordable GTCs were one of reasons I started playing EVE, I liked the concept of the game, and knew that when occasionally i hauled in a load of ISK I could save myself from paying $$$ for gametime for at least 3 months (old 90 day GTCs). $15 per month really isn't that much, but $15 for year after year adds up to a sum I'd rather not spend for a game, for any game.
New GTC prices make any GTC buying for ISK rather foolish. Now vast majority of people can either fully fund their game time with real money or take a time to think. Just my 2ISK.
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Cautet
Killer Koalas Kingdom of Butan
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Posted - 2008.09.17 01:11:00 -
[154]
Originally by: Mahke "My conclusion is that a very significant event happened recently to GTC's, which was a price increase in dollars. Surely you would agree that this is the significant driving factor, even if you do not agree with my figures. otherwise the isk prices of GTC's would have stayed the same for GTC's or risen independantly of any changes to the GTC cos in dollarst."
You don't get it. Assuming price is completely dependent on seller-end demand for isk (which should overvalue GTCs!), the price per day of game time should have gone up while the isk/dollar ratio remains the same. So higher prices, but same ratio. That the ratio changed means greater and other forces are at work. And the people talking about dollars vs. Euro's/pounds don't know what they are talking about -- the dollar as been recovering recently, not weakening further.
Actualy, I factored that in. Price in dollars went up, and the dollar got stronger. Hence there was a double effect. I just didn't explain it that well perhaps. It is why I did the calculation in Euro and ú. That weak dollar had existed for a long time. And that set price for GTC also. It became an expectation to pay a set amount of ú for a set amount of isk.
"the price per day of game time should have gone up while the isk/dollar ratio remains the same" - This makes no sense. The price in ú per day went up, the price in dollar went up, the price in isk went up; this is a relationship. I did go into a little more speculation about the exact nature of the relationship, perhaps too much, but for a correlation to exist this correlation does not have to be an x=y relationship it can be a x=ay or x=y^a or whatever.
I am simply saying that it is very very probable (as in statisically probable but without doing a full statistical anaysis) that there is a direction correlation between the 1. increase in the dollar price of gtc 2. relative exchange rates and 3. the cost in isk of the GTC. I did make assumptions, fair assumptions though, based on fair figures, that if you looked at the cost in any currency except dollars that the money per isk ratio stayed about the same, which tended to support my supposition.
It certainly makes more sense than blaming it on factors such as "greed of gtc sellers" which is unquantifiable (I am not suggesting that this was your explanation) and makes more sense also than suggesting it is caused mainly, soley, or significantly, by isk sellers - when these same isk sellers have not been able to manipulate the cost of isk in gtc terms before (you admit isk to gtc ration has stayed the same for considerable period of time AND that during that period isk sellers were also operating).
Look at it as a supply side shock, and think of GTC's are being the product. Or think of isk like any other currency, but with the exchange between isk and other currencies being restricted. Speculation of GTC's is much much harder than speculation of most goods because you are not free to buy and then sell them. You can only buy in cash and sell in isk.
Phew, sorry for the amount of text there. TL;DR - dollar has risen against most currencies, dollar cost of GTC rose - this is a significant factor in the rise in cost of isk of GTC's.
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Mahke
Comply Or Die G00DFELLAS
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Posted - 2008.09.17 01:33:00 -
[155]
The Euro/pound to dollar argument is irrelevant because the ratio has increased in the short term, while the dollar was been doing better against the two other currencies. The dollar was growing stronger while the GTC isk/dollar price ratio was rising (thus making it rise even faster against Euro/Pound). The previous weakness of the dollar is irrelevant. We are talking about change within a given timeframe. And in this timeframe real world changes in dollar value put DOWNWARD pressure on GTC prices.
"It certainly makes more sense than blaming it on factors such as "greed of gtc sellers" which is unquantifiable (I am not suggesting that this was your explanation) and makes more sense also than suggesting it is caused mainly, soley, or significantly, by isk sellers - when these same isk sellers have not been able to manipulate the cost of isk in gtc terms before (you admit isk to gtc ration has stayed the same for considerable period of time AND that during that period isk sellers were also operating)."
Here I agree with you, somewhat. The whole "greed of gtc" sellers thing is ludicrous. On the RMT isk seller issue, I don't know, it could be what is happening, could not, I don't understand that market enough to make a guess either way. However, something has changed, and it is not due to real world currency changes and it is higher in magnitude than can possibly be caused by the change to less efficient 60 day cars.
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Matrixcvd
Caldari Rionnag Alba Triumvirate.
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Posted - 2008.09.17 02:58:00 -
[156]
Originally by: Tasuk Edited by: Tasuk on 14/09/2008 11:05:56 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 (and actually at the same time GTC prices have come down a bit). High ISK prices indicate farmers are in trouble. Low ISK prices means they are farming in easy mode, which is what is happening now.
actually your a tard, if everyone is getting caught buying GTCs, then nobody does it thus nobody buys them thus the price comes down....
if you people can't afford the 60 day time code, suck one, especially if you use ISK to pay for your game, work 3 times as hard now doing nothing but safely ratting with no changes to local chat you bunch of loser turbo ratters, i hope you all die
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Rhaegor Stormborn
Omega Fleet Enterprises Executive Outcomes
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Posted - 2008.09.17 03:21:00 -
[157]
Originally by: Borg 6517 600mil now this is insane in next 2 months there will only bots and farmers playing this game
I pay cash to play and use my ISK for what it is meant for.
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DigitalCommunist
Obsidian Core
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Posted - 2008.09.17 03:46:00 -
[158]
Without data, this thread is pretty stupid. You can make a case for anything based on the price of GTCs alone.
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Chainsaw Plankton
IDLE GUNS IDLE EMPIRE
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Posted - 2008.09.17 03:59:00 -
[159]
heh and to think of Akita T's how to earn a gtc on a trial thread now 
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Ambien Torca
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Posted - 2008.09.17 05:10:00 -
[160]
To sum it up, it¦s not stupid who asks a price but the one paying it. Farm isk harder.
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Dashhammer II
Amarr O RLY corp YTMND.
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Posted - 2008.09.17 09:14:00 -
[161]
Let me put this to bed.
Some of you were half right in your assertions. The reason that GTC prices are up is because of the loss of paying customers. People have to BUY the GTC in order to sell it. The fewer those people there are, the higher they can sell them for. Supply of GTC = Down.
The reason that farmed isk is so low is because the isk farmers have perfected their craft. With CCP moving it's support staff onto the new project and making cutbacks on non-essential personnel there has been less policing of the isk farmers and less effective policing too. Last year it seemed that CCP came up with the idea to punish the buyers of the isk as much as possible on the idea that 'If there is a demand there will always be a supply'. This was a logical assumption but it backfired since if you punish a buyer and not the seller, then the seller progresses from the exchange since the buyer is now in greater need of the seller's services, which the seller is happy to help out with since he is basically entering into a golden era.
Lets do a hypothetical.
Farmerman sells Playerdude 100m isk. Playerdude brags about it on the help channel and an Admin immeadately fines him 100m isk. (It helps that there are very few rules which prohibit GMs from doing this sort of thing with out proof. With out an audit system or any kind of redundancy, GMs can fine people on a whim) So now playerdude is -100m isk since he spent all the money that he bought.
Playerdude has three options. Option one, he can quit eve. In this case he makes a poor 'example' for the GMs to use as a warning to isk buyers since he no longer plays.
Option two, he makes another character. Possible but not likely. Battleship V takes a bazillion years to train, especially with out implants.
Option three, yep, you guessed it, he buys more isk from farmerman to cover his loss. More isk WHICH as it turns out is now half the price since farmerman has had a really great month of sales with little to no admin intervention.
---------------
I went down into a low sec region about a year ago, I won't say which one. I went down with a 5 man gank squad to look for easy kills and the things I saw scared the hell out of me. Haulers... armies of them. Running hauling missions like ants. They walked through the gate like we weren't even there, all macro-d, they paid no attention to us. I felt like I was trapped on a borg cube while drones walked around staring blankly forward. We popped one and found some mission items on him. No one reacted, no one said anything, the haulers kept walking through the gate like nothing had happened.
I pulled my team out. These guys have isk making down to a fine science. We could sit there and pop haulers all day but we'd make no money from it and at the end of the day, these farmers would loose none either. They had worked out the math.
- Dashhammer II |

Malcanis
RuffRyders Axiom Empire
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Posted - 2008.09.17 11:18:00 -
[162]
Originally by: Dashhammer II Let me put this to bed.
Some of you were half right in your assertions. The reason that GTC prices are up is because of the loss of paying customers. People have to BUY the GTC in order to sell it. The fewer those people there are, the higher they can sell them for. Supply of GTC = Down.
The reason that farmed isk is so low is because the isk farmers have perfected their craft. With CCP moving it's support staff onto the new project and making cutbacks on non-essential personnel there has been less policing of the isk farmers and less effective policing too. Last year it seemed that CCP came up with the idea to punish the buyers of the isk as much as possible on the idea that 'If there is a demand there will always be a supply'. This was a logical assumption but it backfired since if you punish a buyer and not the seller, then the seller progresses from the exchange since the buyer is now in greater need of the seller's services, which the seller is happy to help out with since he is basically entering into a golden era.
Lets do a hypothetical.
Farmerman sells Playerdude 100m isk. Playerdude brags about it on the help channel and an Admin immeadately fines him 100m isk. (It helps that there are very few rules which prohibit GMs from doing this sort of thing with out proof. With out an audit system or any kind of redundancy, GMs can fine people on a whim) So now playerdude is -100m isk since he spent all the money that he bought.
Playerdude has three options. Option one, he can quit eve. In this case he makes a poor 'example' for the GMs to use as a warning to isk buyers since he no longer plays.
Option two, he makes another character. Possible but not likely. Battleship V takes a bazillion years to train, especially with out implants.
Option three, yep, you guessed it, he buys more isk from farmerman to cover his loss. More isk WHICH as it turns out is now half the price since farmerman has had a really great month of sales with little to no admin intervention.
---------------
I went down into a low sec region about a year ago, I won't say which one. I went down with a 5 man gank squad to look for easy kills and the things I saw scared the hell out of me. Haulers... armies of them. Running hauling missions like ants. They walked through the gate like we weren't even there, all macro-d, they paid no attention to us. I felt like I was trapped on a borg cube while drones walked around staring blankly forward. We popped one and found some mission items on him. No one reacted, no one said anything, the haulers kept walking through the gate like nothing had happened.
I pulled my team out. These guys have isk making down to a fine science. We could sit there and pop haulers all day but we'd make no money from it and at the end of the day, these farmers would loose none either. They had worked out the math.
What about Option #4: he buys a GTC and sells it for 600M ISK?
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Richard Angevian
The Crusaders.
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Posted - 2008.09.17 11:43:00 -
[163]
Edited by: Richard Angevian on 17/09/2008 11:43:47 CCP's GTC price changes are to blame here.
Since they removed the 30 day card, AND raised the price so that the remaining 60 day card is more expensive than 60 days worth of subscription (which no other MMO does btw) they have restored the farmers price advantage for ISK, which prior to the changes, had greatly eroded.
Which has made the farming/isk selling problem FAR worse today than it was 6 months ago.
Under the old structure, GTC's were far more attractive because the cost was low, the return decent, and no risk. Today, they are expensive, the return sucks compared to cost, and the risk of patronizing the farmers vs the far greater expense of the GTC is actually attractive, since, yes there ARE many MANY ways to move isk around in EVE that makes it impossible for CCP to remove it. If there weren't, the isk seller market would have died long ago.
The root of the problem also is in those who for whatever reason, MUST play with GTC's bought with isk. Looking over some of the sites, it's possible to purchase enough isk to buy a 60 day GTC for... $15. The price of buying farmed isk has fallen by HALF since May, which is not a coincidence.
Which is also driving this problem. Before CCP removed the 30 day codes, it was possible to buy your game time for about 170M ISK, a trivial amount for someone with access to 0.0 to come up with, that is half a week's ratting.
The solution:
CCP needs to bring back at least the 30 day code at the old price, and reduce the 60 day code to double the price of the 30 day card. Or eliminate the 60 day code altogether. CCP's lame excuse was that there is "expense" involved in creating game time cards can be eliminated by making the 30 day a CODE ONLY "card". Expense involved there? Pennies at most, since all they need is their computers to generate them.
This will greatly impact the farmers bottom line, and bring the isk to code prices back into line with reality.
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Richard Angevian
The Crusaders.
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Posted - 2008.09.17 11:49:00 -
[164]
Originally by: Malcanis
What about Option #4: he buys a GTC and sells it for 600M ISK?
Why do that when the same amount of cash can buy nearly twice that?
This is why the GTC problem is itself fueling the farmer problem.
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Cat Gilligan
Caldari Blair Corporation
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Posted - 2008.09.17 11:50:00 -
[165]
Originally by: Mahke The Euro/pound to dollar argument is irrelevant because the ratio has increased in the short term, while the dollar was been doing better against the two other currencies. The dollar was growing stronger while the GTC isk/dollar price ratio was rising (thus making it rise even faster against Euro/Pound). The previous weakness of the dollar is irrelevant. We are talking about change within a given timeframe. And in this timeframe real world changes in dollar value put DOWNWARD pressure on GTC prices.
"It certainly makes more sense than blaming it on factors such as "greed of gtc sellers" which is unquantifiable (I am not suggesting that this was your explanation) and makes more sense also than suggesting it is caused mainly, soley, or significantly, by isk sellers - when these same isk sellers have not been able to manipulate the cost of isk in gtc terms before (you admit isk to gtc ration has stayed the same for considerable period of time AND that during that period isk sellers were also operating)."
Here I agree with you, somewhat. The whole "greed of gtc" sellers thing is ludicrous. On the RMT isk seller issue, I don't know, it could be what is happening, could not, I don't understand that market enough to make a guess either way. However, something has changed, and it is not due to real world currency changes and it is higher in magnitude than can possibly be caused by the change to less efficient 60 day cars.
The dollar is now actually strengthening. A year or two from now it will likely be a reverse of what it is today, with the Euro being cheaper relative to the dollar. This is all cyclical, and will happen over and over.
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Somealt Ofmine
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Posted - 2008.09.17 12:06:00 -
[166]
Originally by: Dashhammer II
The reason that farmed isk is so low is because the isk farmers have perfected their craft.
Probably not. The price of farmed isk is usually dictated by supply, demand, and competition. A sudden drastic drop often means that one of the farmers found an exploit that allows them to print massive amounts of currency very quickly, and so they immediately try to undercut the competition, which touches off a price war.
Probably just fewer people buying isk these days. Many players don't need to. A pretty good chunk of the player base is in empire scooping up pennies on missions day after day, and can usually afford that next ship or skill up the food chain before they can actually use it. Another sizable chunk is in alliances who own some rare moons, and can hand out BSes and even cap ships like they were T-1 frigs and cruisers. Another chunk of the base are pirates who have perfected the art of engaging when they have really nice odds, and running when they don't. They hardly need to buy isk either. So, you're down to people who really haven't figured out how to play without having to buy isk yet. That percentage is shrinking as the average experience of players in the game goes up.
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Wydo
Boiler Room Trades Rising Darkness
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Posted - 2008.09.17 18:30:00 -
[167]
Sadly -- the isk sellers have apparently generated a huge amount of excess isk. And time cards have been a bit undervalued for quite some time. I beleive that they are buying up all the timecards as a hedge against inflation.
Their zeal in buying up time cards these past few weeks -- indicates to me, that the problem is about to get much worse, and not better.
Just my 2 pence.
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Panzerkom
Caldari State Protectorate
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Posted - 2008.09.17 18:36:00 -
[168]
hmmm, i remember seeing tons of spam in the rookie channel from isk sellers, anyone know what they're selling it for now? is there really that much of an imbalance right now?
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Reptzo
Channel 4 News Team
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Posted - 2008.09.17 18:37:00 -
[169]
Originally by: Panzerkom hmmm, i remember seeing tons of spam in the rookie channel from isk sellers, anyone know what they're selling it for now? is there really that much of an imbalance right now?
Isk from websites is about $30 USD for 1 bill isk.
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Highwind Cid
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Posted - 2008.09.17 18:43:00 -
[170]
How about we remove GTC? And isk And eve. And everything *Fine tunes the above commands into the LHC*
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Malcanis
RuffRyders Axiom Empire
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Posted - 2008.09.17 18:44:00 -
[171]
Originally by: Richard Angevian
Originally by: Malcanis
What about Option #4: he buys a GTC and sells it for 600M ISK?
Why do that when the same amount of cash can buy nearly twice that?
Hmm... because he'll get to keep it?
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Tasuk
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Posted - 2008.09.18 04:43:00 -
[172]
Originally by: Doddy Highly unlikely tbh. I would think the RMT prices are dropping because less people are buying isk for fear of getting their capitals repossessed thanks to all the forum threads of "ccp stole my titan" etc.
Farmers are always selling their ISK at lowest possible prices because they are in constant competition with one another. Those who cannot make a profit leave to farm other MMO games. Yes, EVE isn't the only one farmable game out there. Farmers have recently cut their prices by half, $60/bil -> $30/bil. Is this drastic price cut really due to people buying less ISK from them? Much more likely it is due from oversupply of ISK because of easier farming, which would justify them pricing their efforts at half the price now. A store has 50% sale only when it is closing down, which these guys clearly are not.
Originally by: Doddy GTC prices are going up simply because people have more isk to spend.
Invention, the main reason people have more ISK in wallet now, is 2 years old now. Since its introduction the GTC prices have come up BUT they have stabilized in range of 150-200 mil ISK for 30d code and 350-400 mil ISK for 90d code. Their prices was near constant for a period for half a year. Prices also fell considerably this spring. This evidence does not fit well with your hypothesis at all.
Originally by: Doddy The % of people who were buying GTCs but would switch to RMT at the drop of the hat is probably very small, you are either willing to break the EULA or not, a few $ other way isn't going to make much diff.
They would be much more willing to try it, if once, especially if CCP doesn't ban you for it. A lot of GTC buyers in fact do not understand how GTCs are different from buying ISK form farmers and resent the fact that they have to pay up 2x more because as they say "ccp wants to have their cut". And $30 per billion difference can be huge depending on how much ISK you buy. When I was trading GTCs there were people who literally spend $500-1000 monthly on codes which if they would buy from farmers would cost only $250-500 to them. Big price difference. Of course these people are a minority, but they are also the bulk GTC sellers.
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Tasuk
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Posted - 2008.09.18 05:00:00 -
[173]
Originally by: Cautet 60day GTC = US 35 = around EURO 25 - that's my calculation anyhow. I'm prepared to accept the 9 euro for 30 days.
I took the price of 22.3 eu for 60d code from Shattered Crystal website - one of the most widely used GTC retailers.
Originally by: Cautet Average prices at the moment are between 460 and 480 million isk for GTC 60 rather than 500 mil. 1 euro = around 19.2 mil isk. 1 bil isk costs around 52 euro/bil (on 480 eu/bil)
My WTB orders that falls in that range wasn't filled. But there were WTS posts for 500 mil that seem to be bought out within minutes. That's why i said the price is 500 mil. I will probably get more lucky on Saturday but it is not average price if i have to wait until end of the week to get it.
Originally by: Cautet I'm willing to accept that the isk/eu ratio is around the same though as before.
The ISK ratio hasn't changed much for the europeans. But for americans it has fallen by a lot. In my experience inhabitants of the americas comprise more than 50% of all GTC sellers (this stems from my observation that during US prime time prices on codes fell, i even used this price difference to make some extra ISK when i was trading them). So for over 50% of all GTC sellers prices are cheaper now.
Quote: In dollars, you get slightly more dollar per isk (around 10% more isk)
Closer to 20%.
Quote: My conclusion is that a very significant event happened recently to GTC's, which was a price increase in dollars. Surely you would agree that this is the significant driving factor, even if you do not agree with my figures.
Since the price increase in dollars the GTCs held stable at 400 mil ISK per code the entire summer. Then in September the price jumped up to 500 mil ISK, however in this same month their prices did not increase in dollars. The increase you are talking about happened in June. The increase I am talking about happend in past 3 weeks when codes suddenly jumped +80-100 mil upwards in price.
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Tasuk
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Posted - 2008.09.18 05:16:00 -
[174]
Originally by: Cautet and makes more sense also than suggesting it is caused mainly, soley, or significantly, by isk sellers - when these same isk sellers have not been able to manipulate the cost of isk in gtc terms before (you admit isk to gtc ration has stayed the same for considerable period of time AND that during that period isk sellers were also operating).
ISK sellers do not need to "manipulate" the cost of isk in GTC. They have always sold ISK for much cheaper than GTCs. To manipulate a market that is as big as the GTC market was next to impossible a year ago when GTC trade was allowed. Now it is simply impossible because you cannot buy/resell the codes. I fail to see what this has to do with anything because it is clearly not something farmers would dabble in. If I was head of some ISK farming conglomerate this idea would not even cross my mind because the associated risks are too great.
GTC ratio has stayed same. ISK farmers have been operating. The key point here that you are missing here is that they recently dropped price on their ISK by 2x. They have always sold bil ISK for about $50-60 and now it costs $30. And at the same time game time codes jumped up about 80-100 million in price in a single month during which there was no increase in cost of GTC in dollars, euro, or british pounds from 400 mil for which they were selling the entire summer.
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notaforumalt
Minmatar Pator Tech School
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Posted - 2008.09.18 05:17:00 -
[175]
Edited by: notaforumalt on 18/09/2008 05:17:54
Originally by: Zeba 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. 
this
annnnd, 30 days went for 340m (then down to 160m) __________________________________________________ this is my sig, and i am not an alt *hides* |

Tasuk
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Posted - 2008.09.18 05:18:00 -
[176]
Originally by: Chainsaw Plankton heh and to think of Akita T's how to earn a gtc on a trial thread now 
lol indeed ... I used to tell rookies how this game is really great that you don't even have to pay cash for it if you make just 150 mil ISK. Now I cannot tell them anything because it will be a long, long time before they could possibly afford paying up half a billion for the sub.
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Tasuk
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Posted - 2008.09.18 05:20:00 -
[177]
Edited by: Tasuk on 18/09/2008 05:23:22
Originally by: notaforumalt annnnd, 30 days went for 340m (then down to 160m)
I traded game time codes and 30d never ever went for 340 mil. If you want scroll the forums and you see 220-230 was top price and even then it was major patch time (trinity) with new ships being released (invention alts). If someone sold you one for this price, sorry, but you got majorly screwed 
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notaforumalt
Minmatar Pator Tech School
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Posted - 2008.09.18 05:22:00 -
[178]
Edited by: notaforumalt on 18/09/2008 05:22:02
Originally by: Tasuk
Originally by: notaforumalt annnnd, 30 days went for 340m (then down to 160m)
I traded game time codes and 30d never ever went for 340 mil. If you want scroll the forums and you see 220-230 was top price and even then it was major patch time (trinity) with new ships being released. If someone sold you one for this price, sorry, but you got majorly screwed 
at one time they were 340m, for 30 days, the last few sold for 220-230 sure, but 220x2(2x30day)=420m, the increased cost, and bam 480m, and the insane prices are where?? its balanced... __________________________________________________ this is my sig, and i am not an alt *hides* |

Tasuk
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Posted - 2008.09.18 05:30:00 -
[179]
Edited by: Tasuk on 18/09/2008 05:31:32
Originally by: notaforumalt Edited by: notaforumalt on 18/09/2008 05:22:02
Originally by: Tasuk
Originally by: notaforumalt annnnd, 30 days went for 340m (then down to 160m)
I traded game time codes and 30d never ever went for 340 mil. If you want scroll the forums and you see 220-230 was top price and even then it was major patch time (trinity) with new ships being released. If someone sold you one for this price, sorry, but you got majorly screwed 
at one time they were 340m, for 30 days, the last few sold for 220-230 sure, but 220x2(2x30day)=420m, the increased cost, and bam 480m, and the insane prices are where?? its balanced...
I was reselling game time codes up until it was said to be illegal last September. So you can tell anyone that they were 340 mil but not me because i know my prices and these were 220-230 tops. If I didn't know prices i would not have made billions of ISK on this trading. Trinity was really the only time when prices on 30/90 codes maxed out.
So 220-230 mil was price during major patch time when people were activating a lot of invention alts to make black ops battleships and marauders and coming back to the game to check out the new graphics. When the hype was over, prices fell to 200 around Dec/Jan and then to 150-180 mil ISK in spring ... so where you get yout "bang 480 mil" math i do not know ... all i know is that codes priced at 500 mil now get bought up in minutes.
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Malcanis
RuffRyders Axiom Empire
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Posted - 2008.09.18 06:49:00 -
[180]
So Tasuk, in your opinion is the current GTC price due to:
Increase in demand (if so, from which sectors) Decrease in supply Market manipulation
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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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