DUST Search - Rules Question re: player run isk exchange between Dust and Eve

Gyn Wallace wrote:

Zeke Zero wrote:

Mr. Gyn Wallace.
I agree with the idea of the exchange by your player.
I have provided the exchange business in Japanese forum.

https://forums.dust514.com/default.aspx?g=posts&t=133990&find=unread

Eve isk into Dust isk, the ratio is 2/5

100M Eve isk buys 40M Dust isk
112.5M Eve isk buys 45 Dust isk

However, there is a limit of 45M Dust isk in one week.
Japanese limited.
pÇÇ
pÇÇ
I hope the link expansion of DUST and EVE.

That's great!

It seems an official exchange, run by CCP is unlikely for Dust514. So I'll keep operating this exchange. I hope Legion includes a CCP run, easy to use, isk exchange, to help people who excel at earning isk in Legion (or Valkyrie) try Eve Online, and plex their accounts.

If you ever run into liquidity trouble, in other words, if your pile of either Eve isk or Dust isk gets too small from too many transfers in one direction, please consider letting me know if I can help. I've tried to work with Kane Spero in the past, since we didn't offer precisely the same exchange rates, so that if one of us had a lot of business in one direction, we'd "share" that traffic with the other by doing something resembling an interbank transfer, to help each other keep up reasonable reserves.

There are too few of us doing this for me to worry about competition. I'm more worried that people will want to do an exchange and not be satisfied quickly enough. Having another exchange running in another timezone is great news.

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Flint Beastgood III GunFall Mobilization 587	Posted - 2014.05.04 14:30:00 - [241] - Quote Gyn Wallace wrote: Well, here's what I'm thinking....... TBH, now that DUST 514 will have no further link with the EVE universe, my EVE character is useless to me, and so I have no need for this service any longer. Your earlier post was right - rich corps/alliances would be the only ones who would want to exchange their DUST ISK for EVE ISK at the newly proposed rate. The individual is better off using their remaining ISK to enjoy what time they have left here. I don't think anyone in their right mind would use the EVE:DUST exchange though. Even if there is another 2 years life left in DUST, it isn't gonna be anything other than a lobby shooter and EVE players can now say "fck DUST, it was sht and on the wrong platform anyway, long live legion!". MAG - dead. SOCOM: Confrontation - dead. CoD & BF franchises - cash cows for the sheep. Gimme 'The Division' & 'MGO'!
Gyn Wallace OSG Planetary Operations Covert Intervention 103	Posted - 2014.05.04 14:35:00 - [242] - Quote Patrick57 wrote: Gyn Wallace wrote: 12M Dust isk buys 600M Eve isk That is, if you have a spare 12M Dust isk, I'll accept it, and deliver 600M Eve isk to your Eve character, from Min Lo, my Eve-side alt. Is this still an offer? If not, what can 30 million DUST ISK buy me in EVE ISK? Today, I'll give you 3M Eve isk for your 30M Dust isk. Since that's a pretty horrible ratio, there's a good chance that no one will take me up on it, and tomorrow, I might offer you 33M Dust isk.... then maybe 36M Dust isk. I suspect that I'll gradually creep up closer to 1:1. As always, the relative volume of traffic in the opposite direction will have a huge impact on the rates I can offer. As soon as I find the ratio at which an Eve player is willing to convert his Eve isk into Dust, I'll know what kind of rates I can offer Dust players, looking to transfer their Dust isk into Eve. And, hoping Dr. Eyjolfur GÇ£EyjoGÇ¥ Gu+¦mundsson, might be following this thread occasionally, I hope we've all demonstrated that the player base would support an official isk exchange to encourage Eve players to try Dust and Dust players to try Eve. Even past trial periods, players good enough to make lots of isk in one game should be able to support their adventures in the other. I'd like this thread not only to serve as a place for customers to express interest or place orders, and evidence of the demand for an official exchange, but also a source of plans and ideas for how an official exchange should operate. I'd like to wind up this thread someday by summarizing its most interesting posts and sending them to Dr. Gu+¦mundsson. I'd like that summary to include a road map for the design and operation of an official isk exchange or a method for integrating Dust/Legion/Valkyrie/Eve Online wealth. Finally... Market prices are all about information and seeing what people truly value. Whatever new rate is established by this second price discovery phase of the exchange, can be viewed as establishing a cost of the damage done by CCP Rougue's first day "Dust" Keynote. If an isk in Dust was worth about 7x an Eve isk before his announcement, and even after his clarification, the ratio of exchange comes to indicate that a Dust isk is approximately equal to an Eve isk, i.e. a one to one ratio, that gives us an idea of how much value, CCP Rougue's omission destroyed. If all Dust wealth is worth 1/7th as much as it was before CCP Rougue's "Dust" keynote, that should impress upon him not only that Dust players are capable of overreaction, but that his actions (and omissions) have consequences too. IF CCP really wants to repair the damage done by that "Dust" keynote, having CCP Rougue clarify the player base's concerns about the future of Dust development and migration to Legion is only the first step. Someone else, either Hilmar or Dr. Eyio, should clarify the plan for the official exchange of Dust assets into Legion, Valkyrie, and Eve. As soon as they figure that out, and announce it to the players, a huge portion of the cost of this PR misstep will be recovered. They're not there yet. I imagine they simply haven't figured out those plans yet. Let's see if we can help them.
Gyn Wallace OSG Planetary Operations Covert Intervention 104	Posted - 2014.05.04 14:39:00 - [243] - Quote Flint Beastgood III wrote: Gyn Wallace wrote: Well, here's what I'm thinking....... TBH, now that DUST 514 will have no further link with the EVE universe, my EVE character is useless to me, and so I have no need for this service any longer. Your earlier post was right - rich corps/alliances would be the only ones who would want to exchange their DUST ISK for EVE ISK at the newly proposed rate. The individual is better off using their remaining ISK to enjoy what time they have left here. I don't think anyone in their right mind would use the EVE:DUST exchange though. Even if there is another 2 years life left in DUST, it isn't gonna be anything other than a lobby shooter and EVE players can now say "fck DUST, it was sht and on the wrong platform anyway, long live legion!". That's a completely reasonable reaction. But consider: What if CCP announces a 1:1 isk conversion option from Dust to your Eve/Valkyrie/Legion player's account? I don't want to discourage anyone from having fun with their isk in any CCP game, but if you're squandering it on the assumption that there will be no connection to Eve/Valkyrie/Legion.... well, let's not be too hasty. :D
Patrick57 Fatal Absolution 7348	Posted - 2014.05.04 14:40:00 - [244] - Quote Flint Beastgood III wrote: TBH, now that DUST 514 will have no further link with the EVE universe, my EVE character is useless to me, and so I have no need for this service any longer. Can I have your ISK? (Eve or Dust, doesn't matter :D) "We're not good at keeping secrets at CCP" -CCP Rouge
Flint Beastgood III GunFall Mobilization 587	Posted - 2014.05.04 15:01:00 - [245] - Quote Patrick57 wrote: Flint Beastgood III wrote: TBH, now that DUST 514 will have no further link with the EVE universe, my EVE character is useless to me, and so I have no need for this service any longer. Can I have your ISK? (Eve or Dust, doesn't matter :D) Nope, I'll be migrating what I can to EVE: Legion ONLY in the hope of it one day reaching the PS4. And yeah, Gyn, I'll be using my ISK to enjoy the game rather than saving it up for a pipe dream which is what I've been doing evidently. I put time money and effort into DUST 514 but the product I was expecting was EVE: Legion, DUST 514 will never meet that vision and that's fine, I'll enjoy what time I have left here then move on. I'm not going crazy biomassing and purging all my hard work. I will transfer what it's possible to transfer over to Legion and hope for the best. If it does come to PS4 in 2-3 years I'll still have my character and ISK is easy enough to earn. I will not be playing Legion on PC, that's not what I signed up for and, although I (and other console gamers) are majorly upset, I fully understand CCP's new direction. Some people are saying "what if Legion fails?". Acting as if that might be a positive for DUST. Hardly! There will be no great benefit from them returning their "laser-focus" to DUST since they've now admitted it can't live up to the "vision", thus DUST will still be in the position it is now - it may last longer and develop more but nothing like what we were originally expecting, nothing meaningful. I have lost all respect for (and faith in) CCP but am clutching on to a glimmer of hope, foolishly. MAG - dead. SOCOM: Confrontation - dead. CoD & BF franchises - cash cows for the sheep. Gimme 'The Division' & 'MGO'!
Patrick57 Fatal Absolution 7349	Posted - 2014.05.04 15:04:00 - [246] - Quote Flint Beastgood III wrote: Patrick57 wrote: Flint Beastgood III wrote: TBH, now that DUST 514 will have no further link with the EVE universe, my EVE character is useless to me, and so I have no need for this service any longer. Can I have your ISK? (Eve or Dust, doesn't matter :D) Nope, I'll be migrating what I can to EVE: Legion ONLY in the hope of it one day reaching the PS4. How does that affect your Eve ISK? "We're not good at keeping secrets at CCP" -CCP Rouge
Flint Beastgood III GunFall Mobilization 587	Posted - 2014.05.04 15:09:00 - [247] - Quote Patrick57 wrote: Flint Beastgood III wrote: Patrick57 wrote: Flint Beastgood III wrote: TBH, now that DUST 514 will have no further link with the EVE universe, my EVE character is useless to me, and so I have no need for this service any longer. Can I have your ISK? (Eve or Dust, doesn't matter :D) Nope, I'll be migrating what I can to EVE: Legion ONLY in the hope of it one day reaching the PS4. How does that affect your Eve ISK? LOL, my EVE account is inactive so that ISK will be lost forever. Unless I use 4hr thingy to get on and send it to someone. Someone deserving of it. Anyway, for all we know, if/when EVE:Legion goes live and we can make the transfers, there could be a Legion-EVE-Valkyrie market in place, which would be very wise of them (so probably not, lol). The last thing they want to do now is release Legion without ALL the core features and functionality like they did with DUST, the shared player market being one of the most important features. MAG - dead. SOCOM: Confrontation - dead. CoD & BF franchises - cash cows for the sheep. Gimme 'The Division' & 'MGO'!
Patrick57 Fatal Absolution 7349	Posted - 2014.05.04 15:30:00 - [248] - Quote Flint Beastgood III wrote: Someone deserving of it. I see how it is. .-. "We're not good at keeping secrets at CCP" -CCP Rouge
Gyn Wallace OSG Planetary Operations Covert Intervention 108	Posted - 2014.05.06 14:25:00 - [249] - Quote Rates updated.
Gyn Wallace OSG Planetary Operations Covert Intervention 108	Posted - 2014.05.07 13:30:00 - [250] - Quote Rates updated.

Gyn Wallace OSG Planetary Operations Covert Intervention 111	Posted - 2014.05.09 16:23:00 - [251] - Quote Rates updated. Also, I'm thinking about accelerating my discovery of the new exchange spread, by offering a limited number of tiny batches, with very competitive rates, to see if I can discover where traffic picks up again.
Gyn Wallace OSG Planetary Operations Covert Intervention 112	Posted - 2014.05.11 13:41:00 - [252] - Quote Rates updated again. 1.3 to 1. 13M Eve isk buys 10M Dust isk. 13M Dust isk buys 10M Eve isk.
Gyn Wallace OSG Planetary Operations Covert Intervention 112	Posted - 2014.05.14 13:18:00 - [253] - Quote Rates updated.
Gyn Wallace OSG Planetary Operations Covert Intervention 119	Posted - 2014.05.15 12:50:00 - [254] - Quote Rates updated. The rate for Dust to Eve transfers has greatly improved.
Emo Skellington The Neutral Zone 62	Posted - 2014.05.16 15:57:00 - [255] - Quote I still rather a 150% exchange rate from Dust to EVE and an open market for Dust mercs to trade to each other and EVE players to sell equipment to dust Supporter of Legion Supporter of Valkyrie Supporter/Fan of Eve
Gyn Wallace OSG Planetary Operations Covert Intervention 119	Posted - 2014.05.16 16:47:00 - [256] - Quote Emo Skellington wrote: I still rather a 150% exchange rate from Dust to EVE and an open market for Dust mercs to trade to each other and EVE players to sell equipment to dust I'm sorry, I don't understand you. I sometimes completely fail to type in a word, so that I must edit my posts to correct them. Are you missing a verb? If you mean that you would prefer a particular exchange rate, I can't help you, since the rates at which I exchange isk are entirely driven by my customer's preferences, as expressed in the traffic of isk between games. More traffic from one game rather than the other drives the rates for that game down. I really don't choose or push the rates in either direction. If you mean that you would like a more open economy for Dust mercs, I entirely agree. If you'd like Eve players to sell equipment to us, I agree and would go farther: I'd like to see then entire Dust and Eve economies opened up to each other.
NuMaiky nyi United Federation of Nations 0	Posted - 2014.05.31 15:37:00 - [257] - Quote I am a Dust player and a Eve online player I would like to get 25 mill Dust isk what is my price I need and HOW long does it take for the exchange please contact me in game both Eve online or dust EVE online toon NuMaiky dust toon NuMaiky nyi
Gyn Wallace OSG Planetary Operations Covert Intervention 123	Posted - 2014.06.02 14:09:00 - [258] - Quote Sent.
Emo Skellington The Neutral Zone Psychotic Alliance 71	Posted - 2014.06.03 12:43:00 - [259] - Quote Gyn Wallace wrote: Emo Skellington wrote: I still rather a 150% exchange rate from Dust to EVE and an open market for Dust mercs to trade to each other and EVE players to sell equipment to dust I'm sorry, I don't understand you. I sometimes completely fail to type in a word, so that I must edit my posts to correct them. Are you missing a verb? If you mean that you would prefer a particular exchange rate, I can't help you, since the rates at which I exchange isk are entirely driven by my customer's preferences, as expressed in the traffic of isk between games. More traffic from one game rather than the other drives the rates for that game down. I really don't choose or push the rates in either direction. If you mean that you would like a more open economy for Dust mercs, I entirely agree. If you'd like Eve players to sell equipment to us, I agree and would go farther: I'd like to see then entire Dust and Eve economies opened up to each other. Ohhhh ok. You take isk from dust players and use your EVE character to send them iSK with the transfer rate. OOOOk. Now I get what you are doing here. I was talking about if we could simply send isk from dust to EVE. completely wrong thing. Thank....So how much will I get if I send you 10 mill in dust for my EVE character? Supporter of Legion Supporter of Valkyrie Supporter/Fan of Eve
Apothecary Za'ki Biomass Positive 24	Posted - 2014.06.04 12:50:00 - [260] - Quote dust will still be tied to eve but they are moving dust to PC cause PS3 was limiting development and expansion of Dust too much. Nanite Injectors! Nanite Injectors Everywhere! Minmatar Logibro in training. Rusty needles anyone?

Dustbunny Durrr ReD or DeaD 236	Posted - 2014.06.04 22:20:00 - [261] - Quote Another fine transaction conducted through Gyn Wallace.
Gyn Wallace OSG Planetary Operations Covert Intervention 124	Posted - 2014.06.05 12:26:00 - [262] - Quote Emo Skellington wrote: ...So how much will I get if I send you 10 mill in dust for my EVE character? Oh no worries, glad to explain. If you look at the first post of this thread, I try to keep it updated with the most current rates of exchange. Currently, people transferring isk from Dust to Eve get about 1.8 times as much isk. 100M Dust isk gets you 180M Eve isk. However, for a very small batch, the rate is worse. I'd give you 15M Eve for your 10M Dust, if you were just interested in trying it out. I would rather not repeat that very often though. I'd rather you do a single transaction of 100M Dust for 180M Eve isk, rather than ten separate transactions of 10M Dust for 15M Eve isk. Hence the extra 30M Eve isk, if you avoid such small batches. I try to maintain a happy medium where the rates are best, not so small as to be needlessly repetitive for me, not so large as to deplete my reserves in either game. Batches that are too small or too big (a somewhat subjective measure, based on how comfortable I am with how much isk I have available for exchange in both games) have slightly worse rates of exchange. Anyway, that's the principle behind why the rates get worse, for batches bigger or smaller than the ones listed in the first post. Dustbunny Durrr wrote: Another fine transaction conducted through Gyn Wallace. Thank you for the business.
Zeke Zero Circus of midnight 10	Posted - 2014.06.19 11:26:00 - [263] - Quote I agree with the idea of the exchange by your player. I have provided the exchange business in Japanese forum. https://forums.dust514.com/default.aspx?g=posts&t=111070&p=14 Eve isk into Dust isk, the ratio is 2/5 100M Eve isk buys 40M Dust isk 112.5M Eve isk buys 45 Dust isk However, there is a limit of 45M Dust isk in one week.Japanese limited. pÇÇ pÇÇ I hope the link expansion of DUST and EVE.
Gyn Wallace OSG Planetary Operations Covert Intervention 125	Posted - 2014.06.19 15:29:00 - [264] - Quote Zeke Zero wrote: Mr. Gyn Wallace. I agree with the idea of the exchange by your player. I have provided the exchange business in Japanese forum. https://forums.dust514.com/default.aspx?g=posts&t=133990&find=unread Eve isk into Dust isk, the ratio is 2/5 100M Eve isk buys 40M Dust isk 112.5M Eve isk buys 45 Dust isk However, there is a limit of 45M Dust isk in one week. Japanese limited. pÇÇ pÇÇ I hope the link expansion of DUST and EVE. That's great! It seems an official exchange, run by CCP is unlikely for Dust514. So I'll keep operating this exchange. I hope Legion includes a CCP run, easy to use, isk exchange, to help people who excel at earning isk in Legion (or Valkyrie) try Eve Online, and plex their accounts. If you ever run into liquidity trouble, in other words, if your pile of either Eve isk or Dust isk gets too small from too many transfers in one direction, please consider letting me know if I can help. I've tried to work with Kane Spero in the past, since we didn't offer precisely the same exchange rates, so that if one of us had a lot of business in one direction, we'd "share" that traffic with the other by doing something resembling an interbank transfer, to help each other keep up reasonable reserves. There are too few of us doing this for me to worry about competition. I'm more worried that people will want to do an exchange and not be satisfied quickly enough. Having another exchange running in another timezone is great news.
MadMatt Four20 The Last of DusT. General Tso's Alliance 80	Posted - 2014.06.19 21:42:00 - [265] - Quote i have been trading 1/4 ratio as i ask for 1/5 first. already traded 2bil in dust isk and have 1bil more to trade. If anyone is interested pm my eve toon madmatt420 and we can negotiate. *Eve Toon - madmatt420
Killar-12 The Exemplars Top Men. 2877	Posted - 2014.06.19 22:09:00 - [266] - Quote Gyn Wallace wrote: Zeke Zero wrote: Mr. Gyn Wallace. I agree with the idea of the exchange by your player. I have provided the exchange business in Japanese forum. https://forums.dust514.com/default.aspx?g=posts&t=133990&find=unread Eve isk into Dust isk, the ratio is 2/5 100M Eve isk buys 40M Dust isk 112.5M Eve isk buys 45 Dust isk However, there is a limit of 45M Dust isk in one week. Japanese limited. pÇÇ pÇÇ I hope the link expansion of DUST and EVE. That's great! It seems an official exchange, run by CCP is unlikely for Dust514. So I'll keep operating this exchange. I hope Legion includes a CCP run, easy to use, isk exchange, to help people who excel at earning isk in Legion (or Valkyrie) try Eve Online, and plex their accounts. If you ever run into liquidity trouble, in other words, if your pile of either Eve isk or Dust isk gets too small from too many transfers in one direction, please consider letting me know if I can help. I've tried to work with Kane Spero in the past, since we didn't offer precisely the same exchange rates, so that if one of us had a lot of business in one direction, we'd "share" that traffic with the other by doing something resembling an interbank transfer, to help each other keep up reasonable reserves. There are too few of us doing this for me to worry about competition. I'm more worried that people will want to do an exchange and not be satisfied quickly enough. Having another exchange running in another timezone is great news. Hopefully there is no Exchange, just drop Legion into the Boiling Oil and let things work them selves out... Number 1 Consumer of Warp Core Stabilizers in EVE Online Orbital Pilot (FW and PC) if you're interested just mail me
Dustbunny Durrr ReD or DeaD 240	Posted - 2014.07.07 23:58:00 - [267] - Quote Prices still current?
c1v1re soldier New Age Tactical Force 0	Posted - 2014.07.14 16:13:00 - [268] - Quote I have an eve friend who wants to give me isk in dust please help New Age Tactical Force Come find us. Before we find you.
Gyn Wallace OSG Planetary Operations Covert Intervention 128	Posted - 2014.08.31 06:48:00 - [269] - Quote I'm back, after neglecting Eve and Dust for a while. Rates updated.
Gyn Wallace OSG Planetary Operations Covert Intervention 128	Posted - 2014.09.05 14:03:00 - [270] - Quote Rates updated. I'm considering closing the margin between the rates to x4 for Dust to Eve transfers and 1/5th for Eve to Dust transfers at the one year anniversary of the exchange's opening, on Sept. 19th.



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