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Threshner
Fleetworks
ROMANIAN-LEGION
0
   |
Posted - 2012.04.12 13:41:00 -
[1] - Quote
Is this the only justification that people think minerals and ore will skyrocket after inferno hits on the 24th?
Basically from what i read on the site is that mining will be the well the only way to get the minerals for building all of the toys for the universe. Wouldn't this cause a dramatic increase in mineral prices all around the board? Minerals have already gone up a decent bit but this maybe after a week or two after inferno will cause a great deal of change and costs for everything on the market.
Ill prob get flamed for asking this =P |
Lady Ayeipsia
Morskoj Industries
72
|
Posted - 2012.04.12 13:49:00 -
[2] - Quote
Additionally CCP did a mass banning of known botters. Their removal eliminates a steadycheap supply of minerals. Also, a cheap source of noxium was eliminated.
That said, the removal of meta 0 loot does not mean the removal of all loot. Meta 1 and 2s will still drop and be reprocessed, especially if mineral prices climb. Additionally, hauler spawned have not been nerfed.
The end result should be increased profit from mining, especially on higher end minerals. |
Zelda Wei
New Horizon Trade Exchange
89
|
Posted - 2012.04.12 13:52:00 -
[3] - Quote
You can thank the MD elite for extracting these tears. |
Threshner
Fleetworks
ROMANIAN-LEGION
0
|
Posted - 2012.04.12 13:57:00 -
[4] - Quote
i'm not one of the lucky few who has a really safe spot down in 0.0 to mine at. (I know no spot is *safe* in eve). I mainly have a large amount of Veldspar built up but i'm not sure it will really go up all that much. |
Taedrin
Kushan Industrial
430
|
Posted - 2012.04.12 14:00:00 -
[5] - Quote
Lady Ayeipsia wrote:Additionally CCP did a mass banning of known botters. Their removal eliminates a steadycheap supply of minerals. Also, a cheap source of noxium was eliminated.
That said, the removal of meta 0 loot does not mean the removal of all loot. Meta 1 and 2s will still drop and be reprocessed, especially if mineral prices climb. Additionally, hauler spawned have not been nerfed.
The end result should be increased profit from mining, especially on higher end minerals.
No, there won't be "increased profit from mining". A miner will have to mine the same number of hours in order to build a Raven before the nerf as they will after the nerf. Miners will be able to "ride" the inflation wave while ISK generating activities will fall behind.
Or in other words, miners won't be getting richer, mission runners and incursion runners are going to get poorer. Depending on how significant this next "inflationary period" will be, expect the 'rank-and-file' of EVE to move away from larger ships to smaller ships. I personally hope that we will see a significant proliferation of T1 cruisers and frigates amongst the EVE population. Too many people fly exclusively larger/expensive ships. We need more cheap PvP (which is what drives manufacturing profits). |
Skorpynekomimi
Omega Vector
172
|
Posted - 2012.04.12 16:05:00 -
[6] - Quote
The markets will stabilise themselves. |
Fango Mango
University of Caille
Gallente Federation
30
|
Posted - 2012.04.12 16:50:00 -
[7] - Quote
Taedrin wrote:I personally hope that we will see a significant proliferation of T1 cruisers and frigates amongst the EVE population. Too many people fly exclusively larger/expensive ships. We need more cheap PvP (which is what drives manufacturing profits).
Instead of flying battleships, I would expect to see a surge in the use of HACs/faction cruisers
Example: The price of a dominix is rapidly approaching the price of an Ishtar/Gila.
-FM
|
Marsan
Production N Destruction INC.
18
|
Posted - 2012.04.12 17:41:00 -
[8] - Quote
Note that Meta 1 and 2s don't reprocess into as much minerals as the base type. This is why in a lot of cases the base item is more expensive that meta 1s and 2s despite worse stats.... |
Lady Ayeipsia
Morskoj Industries
73
|
Posted - 2012.04.12 19:07:00 -
[9] - Quote
Taedrin wrote:Lady Ayeipsia wrote:Additionally CCP did a mass banning of known botters. Their removal eliminates a steadycheap supply of minerals. Also, a cheap source of noxium was eliminated.
That said, the removal of meta 0 loot does not mean the removal of all loot. Meta 1 and 2s will still drop and be reprocessed, especially if mineral prices climb. Additionally, hauler spawned have not been nerfed.
The end result should be increased profit from mining, especially on higher end minerals. No, there won't be "increased profit from mining". A miner will have to mine the same number of hours in order to build a Raven before the nerf as they will after the nerf. Miners will be able to "ride" the inflation wave while ISK generating activities will fall behind. Or in other words, miners won't be getting richer, mission runners and incursion runners are going to get poorer. Depending on how significant this next "inflationary period" will be, expect the 'rank-and-file' of EVE to move away from larger ships to smaller ships. I personally hope that we will see a significant proliferation of T1 cruisers and frigates amongst the EVE population. Too many people fly exclusively larger/expensive ships. We need more cheap PvP (which is what drives manufacturing profits).
I disagree with your logic. Say that I as a miner (not an industrialist, just a miner) mines 100k trit each hour. I have t1 miners, my ship paid for, and am a smart pilot who does not get yanked. If the price of trit rises, I make more isk per hour without any increase in expenses.
Your assumption is that a miner must convert a mineral into a resource to profit. Yes, the minerals required to build a raven won't change. However, why would you make a ship that by my calculations has an under 1% profit margin to begin with. No industrialist would stick with ravens when a thrasher makes a comperable profit per ship, requires less resources, and sells at a faster rate. |
Kalea Hashur
Promethium Corp.
1
|
Posted - 2012.04.12 19:26:00 -
[10] - Quote
Also, there's a Jita blockade coming, as well as a Hulkageddon. Hold on to your seats, pilots. it's a going to be an interesting few months. |
GreasyCarl Semah
A Game as Old as Empire
18
|
Posted - 2012.04.12 19:30:00 -
[11] - Quote
The facts are that we won't know how this affects the market until it is implemented. Obviously ore prices will go up. How much is anyone's guess. Eve's economy is complex and anyone who talks about the depth of change is only offering opinion.
Mining will be more profitable. I believe the point that someone was trying to make is that, relatively speaking, people who mine exclusively for income will not be better off because the prices of everything will inflate to compensate for the added cost of the minerals required to make the item.
I think miners will be somewhat better off myself but I don't see mining becoming more profitable than other things. I still see it as one of the least profitable activities in the game (and rightfully so) when compared to missioning, arbitrage or plain old station trading of the bid/ask spread. |
Katja Faith
Republic Military School
Minmatar Republic
30
|
Posted - 2012.04.12 20:27:00 -
[12] - Quote
Kalea Hashur wrote:Also, there's a Jita blockade coming, as well as a Hulkageddon. Hold on to your seats, pilots. it's a going to be an interesting few months.
*insert eye-roll here* |
Grace Chang
Royal Amarr Institute
Amarr Empire
0
|
Posted - 2012.04.13 13:38:00 -
[13] - Quote
Taedrin wrote:Lady Ayeipsia wrote:Additionally CCP did a mass banning of known botters. Their removal eliminates a steadycheap supply of minerals. Also, a cheap source of noxium was eliminated.
That said, the removal of meta 0 loot does not mean the removal of all loot. Meta 1 and 2s will still drop and be reprocessed, especially if mineral prices climb. Additionally, hauler spawned have not been nerfed.
The end result should be increased profit from mining, especially on higher end minerals. No, there won't be "increased profit from mining". A miner will have to mine the same number of hours in order to build a Raven before the nerf as they will after the nerf. Miners will be able to "ride" the inflation wave while ISK generating activities will fall behind. Or in other words, miners won't be getting richer, mission runners and incursion runners are going to get poorer. Depending on how significant this next "inflationary period" will be, expect the 'rank-and-file' of EVE to move away from larger ships to smaller ships. I personally hope that we will see a significant proliferation of T1 cruisers and frigates amongst the EVE population. Too many people fly exclusively larger/expensive ships. We need more cheap PvP (which is what drives manufacturing profits).
That is not true, because not all products are tied to minerals. For instance the effort to get a T2 ship or faction loot will get lower for a miner. |
Velicitia
Open Designs
827
|
Posted - 2012.04.13 13:57:00 -
[14] - Quote
Grace Chang wrote:Taedrin wrote:Lady Ayeipsia wrote:Additionally CCP did a mass banning of known botters. Their removal eliminates a steadycheap supply of minerals. Also, a cheap source of noxium was eliminated.
That said, the removal of meta 0 loot does not mean the removal of all loot. Meta 1 and 2s will still drop and be reprocessed, especially if mineral prices climb. Additionally, hauler spawned have not been nerfed.
The end result should be increased profit from mining, especially on higher end minerals. No, there won't be "increased profit from mining". A miner will have to mine the same number of hours in order to build a Raven before the nerf as they will after the nerf. Miners will be able to "ride" the inflation wave while ISK generating activities will fall behind. Or in other words, miners won't be getting richer, mission runners and incursion runners are going to get poorer. Depending on how significant this next "inflationary period" will be, expect the 'rank-and-file' of EVE to move away from larger ships to smaller ships. I personally hope that we will see a significant proliferation of T1 cruisers and frigates amongst the EVE population. Too many people fly exclusively larger/expensive ships. We need more cheap PvP (which is what drives manufacturing profits). That is not true, because not all products are tied to minerals. For instance the effort to get a T2 ship or faction loot will get lower for a miner.
The T2 ship that happens to use a T1 ship as a build component?
|
churrros
Ministry of War
Amarr Empire
5
|
Posted - 2012.04.13 14:06:00 -
[15] - Quote
Velicitia wrote:Grace Chang wrote:Taedrin wrote:Lady Ayeipsia wrote:Additionally CCP did a mass banning of known botters. Their removal eliminates a steadycheap supply of minerals. Also, a cheap source of noxium was eliminated.
That said, the removal of meta 0 loot does not mean the removal of all loot. Meta 1 and 2s will still drop and be reprocessed, especially if mineral prices climb. Additionally, hauler spawned have not been nerfed.
The end result should be increased profit from mining, especially on higher end minerals. No, there won't be "increased profit from mining". A miner will have to mine the same number of hours in order to build a Raven before the nerf as they will after the nerf. Miners will be able to "ride" the inflation wave while ISK generating activities will fall behind. Or in other words, miners won't be getting richer, mission runners and incursion runners are going to get poorer. Depending on how significant this next "inflationary period" will be, expect the 'rank-and-file' of EVE to move away from larger ships to smaller ships. I personally hope that we will see a significant proliferation of T1 cruisers and frigates amongst the EVE population. Too many people fly exclusively larger/expensive ships. We need more cheap PvP (which is what drives manufacturing profits). That is not true, because not all products are tied to minerals. For instance the effort to get a T2 ship or faction loot will get lower for a miner. The T2 ship that happens to use a T1 ship as a build component?
If you actually took the time to look at the materials required for a T2 ship, the T1 ship portion of the price is very small.
Even if the T1 version of a ship triples or quadruples in price, the overall T2 production cost would not be affected much.
Increased prices on moon goo on the other hand...
|
Anya Ohaya
School of Applied Knowledge
Caldari State
103
|
Posted - 2012.04.14 10:10:00 -
[16] - Quote
It looks like Tritanium prices are leveling out. Hulkaggedon has never had much impact before. |
Tenris Anis
Schattenengel Clan
41
|
Posted - 2012.04.14 11:52:00 -
[17] - Quote
Additional hulkageddon starts and we are seeing more bots banned. So yes, we may see again decent mineral prices. It is about time. Miners need to get paid, and to achieve this, we need to blow up as much miners as we can to sort out bots and careless afk miner.
AFK is not and never should be a kind of lifestyle in eve. Burn them all, and pay the price with a smile. |
Drew Solaert
University of Caille
Gallente Federation
124
|
Posted - 2012.04.14 15:47:00 -
[18] - Quote
Out of interest does that change cover drones and ammo? Or just modules.
For every player ship that blows up, the wheels of the economy turn slightly faster. -áDo your bit today. -áGo out and PEW.
|
Styth spiting
Ion Corp.
Citex Alliance
20
|
Posted - 2012.04.14 17:33:00 -
[19] - Quote
Threshner wrote:Is this the only justification that people think minerals and ore will skyrocket after inferno hits on the 24th?
Basically from what i read on the site is that mining will be the well the only way to get the minerals for building all of the toys for the universe. Wouldn't this cause a dramatic increase in mineral prices all around the board? Minerals have already gone up a decent bit but this maybe after a week or two after inferno will cause a great deal of change and costs for everything on the market.
Drone drops were accountable for IIRC 40% of the monthly minerals added to the Eve universe, and there hasn't been any data on how much minerals are added to the universe from reprocessing T0 modules. Much of this will be replaced by new players training into miners, or players who have previously mined but stopped because of the un-profitability of the profession compare to other isk making careers. But this will only happen if the isk value of minerals stay high. There will be a huge increase in miners for the next few months, prices will decrease, players will stop mining (no longer worth it) and prices will increase until a happy medium is found.
There are currently huge stock piles of minerals that will get sold off and used over the next few weeks that will most likely keep the market somewhat stabilized but at the same time a huge portion of items / ships were bought off the market to be reprocessed, which means chances are the ship / item market is going to be far more less volatile than minerals.
There are alot of minerals that are stock piled atm
Drew Solaert wrote:Out of interest does that change cover drones and ammo? Or just modules.
Ammo should not be affected at all and should drop at the same frequency it currently does. CCP stated it will be T0 modules, and Ammo isn't a module ;) |
Scrapyard Bob
EVE University
Ivy League
868
|
Posted - 2012.04.15 00:27:00 -
[20] - Quote
Styth spiting wrote:
Drone drops were accountable for IIRC 40% of the monthly minerals added to the Eve universe
The old QEN numbers are that they were between 10-40%, depending on which mineral. Not a flat 40%. So for some of the high-ends, it was a major source, for other minerals, not as much.
(Also those numbers are 2 years old at this point, and CCP never really said whether they did or did not exclude mineral compression using modules.) |
Ten Bulls
Sons of Olsagard
83
|
Posted - 2012.04.15 05:55:00 -
[21] - Quote
Skorpynekomimi wrote:The markets will stabilise themselves.
Probably not until a few weeks after Hulkagedon finishes |
Ten Bulls
Sons of Olsagard
83
|
Posted - 2012.04.15 05:58:00 -
[22] - Quote
Anya Ohaya wrote:It looks like Tritanium prices are leveling out. Hulkaggedon has never had much impact before.
They might level off, but they wont go DOWN until a lot more people go out and mine. Hulkaggedon is a bad time for people to start a mining career.
|
Telchin Dai
TarNec
1
|
Posted - 2012.04.15 11:04:00 -
[23] - Quote
Styth spiting wrote:[
Ammo should not be affected at all and should drop at the same frequency it currently does. CCP stated it will be T0 modules, and Ammo isn't a module ;)
"NPC ships will no longer drop manufacturable T1 loot" - From http://community.eveonline.com/en/inferno/features/ |
Mangold
Born-2-Kill
2
|
Posted - 2012.04.15 15:33:00 -
[24] - Quote
I seriously doubt that low end minerals will stay at this level for long.
- moving low end minerals from 0.0 to empire takes a lot of JFs or freighters
- hulkageddon has to my knowledge never really managed to change the low end mineral prices
- most mission runners dont bother to salvage or loot the wrecks anyway as they chase loyalty points and isk
- I believe that the amount of minerals coming from mission loot is a small portion of the total amount of low end minerals. CCP nerfed the loot drops in 0.0 some time ago and that didn't really change mineral prices a bit.
- a lot of people have mining chars made for semi-afk mining that hasn't been out of the station in ages (myself included)
- there are probably quite some mineral stacks in empire (I know I have a couple of 100M tritanium)
The thing that I believe actually may cause the price to stay high is the bannings of mining bots. We've all seen them and know they're in game. I just hope CCP finally removes them.
High end minerals may, on the other hand, rise as they're much easier to transport back to high-sec and from what I've managed to find out from devblogs and forums the drone drops are a quite large part of the empire supply.
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