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Atreus Danerun
Amarr Caldari Bank
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Posted - 2007.12.02 16:39:00 -
[1]
No more "bottom" prices?
Originally by: Patch Notes NPC buy orders for minerals have been removed.
Looks like we are well under way to "No Cap" economy! I am really surprised, pleasantly I might add. My guess is we are heading no upper cap either, with the current NPC Shuttle Cap going the way of the Do Do as well...
Good to see out economist is influencing the CCP.
It does, however, make me little apprehensive.
T2 SALES & SERVICE
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Nyphur
Pillowsoft Total Comfort
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Posted - 2007.12.02 16:48:00 -
[2]
Insurance limits the bottom batch price of minerals, not mineral buy orders. Mineral buy orders provide some pressure on the individual prices of minerals. If they want to get rid of the NPC caps, they'll have to get rid of insurance too.
It is my understanding that the npc mineral buy orders refresh daily and are used up pretty much instantly by players when the market value of a certain mineral gets a lot lower than the npc base price. They're not a cap because the volumes in the npc buy orders are not infinite.
BTW, buy up tritanium in the billions. Word is that shuttle refining is getting nerfed to uncap trit prices and it will inflate massively.
Eve-Tanking.com - We're sorry, something happened. |
Atreus Danerun
Amarr Caldari Bank
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Posted - 2007.12.02 16:57:00 -
[3]
Originally by: Nyphur Insurance limits the bottom batch price of minerals, not mineral buy orders. Mineral buy orders provide some pressure on the individual prices of minerals. If they want to get rid of the NPC caps, they'll have to get rid of insurance too.
It is my understanding that the npc mineral buy orders refresh daily and are used up pretty much instantly by players when the market value of a certain mineral gets a lot lower than the npc base price. They're not a cap because the volumes in the npc buy orders are not infinite.
BTW, buy up tritanium in the billions. Word is that shuttle refining is getting nerfed to uncap trit prices and it will inflate massively.
Well, I was thinking that the Insurance will become dynamic, at some point. Removing the NPC Buyorders is a first step.
And, yes, I agree, that at some point in the future we will see Shuttles gone, at which point for tritanium the sky is the limit.
T2 SALES & SERVICE
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Shar Tegral
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Posted - 2007.12.02 17:17:00 -
[4]
Just for a small history lesson... NPC's used to be the number one purchaser of minerals. Just about every station purchased minerals in varying quantity. This didn't so much as create a bottom but a ceiling for minerals. This plan to remove these few npc purchase orders is fine imho and will have little effect on the market except for the local market where those orders existed before.
I'm sure CCP went ahead and queried the actual volume of sales the NPC orders generated and found it to be a huge whopping zero. So the discontinuation is simply the removal on extraneous content and nothing more.
Taikun's Lost Bet |
Nyphur
Pillowsoft Total Comfort
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Posted - 2007.12.02 17:25:00 -
[5]
Originally by: Atreus Danerun Well, I was thinking that the Insurance will become dynamic, at some point. Removing the NPC Buyorders is a first step.
And, yes, I agree, that at some point in the future we will see Shuttles gone, at which point for tritanium the sky is the limit.
Dynamic insurance is inherently abusable. Mark my words, if it comes in someone will manipulate the market and make a killing on insurance fraud. There are people out there with 100b+ liquid isk and a dozen trading alts, they'll do it.
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Selene D'Celeste
Caldari The D'Celeste Estate
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Posted - 2007.12.03 01:16:00 -
[6]
Originally by: Nyphur Dynamic insurance is inherently abusable. Mark my words, if it comes in someone will manipulate the market and make a killing on insurance fraud. There are people out there with 100b+ liquid isk and a dozen trading alts, they'll do it.
I'm working on it. =D
.... what?
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Kylar Renpurs
Dusk Blade
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Posted - 2007.12.03 01:18:00 -
[7]
Plus NPC sell orders keep a floor. Shuttles and Trit anyone?
Improve Market Competition! |
Dark Shikari
Caldari Imperium Technologies Firmus Ixion
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Posted - 2007.12.03 01:44:00 -
[8]
Originally by: Nyphur
Originally by: Atreus Danerun Well, I was thinking that the Insurance will become dynamic, at some point. Removing the NPC Buyorders is a first step.
And, yes, I agree, that at some point in the future we will see Shuttles gone, at which point for tritanium the sky is the limit.
Dynamic insurance is inherently abusable. Mark my words, if it comes in someone will manipulate the market and make a killing on insurance fraud. There are people out there with 100b+ liquid isk and a dozen trading alts, they'll do it.
Anything that allows an unlimited percentage profit on something will be abused with people like me.
23 Member
EVE Video makers: save bandwidth! Use the H.264 AutoEncoder! (updated) |
Nyphur
Pillowsoft Total Comfort
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Posted - 2007.12.03 02:16:00 -
[9]
Edited by: Nyphur on 03/12/2007 02:16:10
Originally by: Kylar Renpurs Plus NPC sell orders keep a floor. Shuttles and Trit anyone?
That's a cap rather than a floor. Unless ccp plan to remove insurance and all NPC module, ship and probe sales, I seriously don't see this "uncapped market" thing working. And don't get me wrong, I really do hope they go in that direction.
Eve-Tanking.com - We're sorry, something happened. |
Kylar Renpurs
Dusk Blade
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Posted - 2007.12.03 02:38:00 -
[10]
Uh, yeah, cap,,,,
Improve Market Competition! |
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Motivated Prophet
Zerodot Schools Power Corrupts Industry's
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Posted - 2007.12.03 04:59:00 -
[11]
Originally by: Dark Shikari
Originally by: Nyphur
Originally by: Atreus Danerun Well, I was thinking that the Insurance will become dynamic, at some point. Removing the NPC Buyorders is a first step.
And, yes, I agree, that at some point in the future we will see Shuttles gone, at which point for tritanium the sky is the limit.
Dynamic insurance is inherently abusable. Mark my words, if it comes in someone will manipulate the market and make a killing on insurance fraud. There are people out there with 100b+ liquid isk and a dozen trading alts, they'll do it.
Anything that allows an unlimited percentage profit on something will be abused with people like me.
Surely you wouldn't!
MP --
Proud steward of 47 billion isk in public money, and counting. Ask me about mineral compression! |
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