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Dr Debo Galaxy
GunFall Mobilization
Covert Intervention
189
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Posted - 2013.01.20 03:26:00 -
[1] - Quote
I have a question about economies and New Eden. So eventually our economy and eve's will be completely linked. And from what I heard about eve is that it's economy is basically like a real world economy except they do not have to abide by world economic laws. So it has similiar eb and flow, in that people taking advantage of certain gaps in the economy have a real effect on other parts.
So my question is what can we expect to see if the economies are linked as stated by CCP? Where we can by sell trade etc with eve and vice versa. Are there any similiar real world instances where this has happened? like the euro or new countries being formed and there money and economy effecting the worlds? Will we cause inflation or decrease it? Any incite would be great but I would prefer a real economists opinion.
Also please an opinion on the what will happen if this is implimented or when this is impimented. Not wether or not it will. |
Kira Lannister
Hellstorm Inc
League of Infamy
711
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Posted - 2013.01.20 03:34:00 -
[2] - Quote
The pilots will get lulz by hijacking the price of Proto, and will be like you mad little dusties? >:] |
Dr Debo Galaxy
GunFall Mobilization
Covert Intervention
189
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Posted - 2013.01.20 03:42:00 -
[3] - Quote
Kira Lannister wrote:The pilots will get lulz by hijacking the price of Proto, and will be like you mad little dusties? >:]
? But as far as I understand economies if they bought up tons of proto gear would that not drop the price. Would there not have to be a finite amount of a certian gear type for a products price to be hijacked?
Also why am I a mad dusty? |
Fivetimes Infinity
Immobile Infantry
1086
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Posted - 2013.01.20 03:56:00 -
[4] - Quote
Dr Debo Galaxy wrote:Where we can by sell trade etc with eve and vice versa. Are there any similiar real world instances where this has happened?
It's a tough question to answer. If Dust's market became home to 90% player-produced items with a few items stocked by NPCs (blueprints and etc) then the price of finished products would depend a lot upon the price of the materials used to produce them. Would Dust players be producing these items? Would EVE? Would either? Would they use the same materials? Harvesting/refining ore to get tritanium and other end-products? If so, then the prices would be based on EVE-scale economics, as those materials have a cost, and how much it costs to produce an assault rifle would come down to, largely, the cost of its materials.
If, on the other hand, Dust uses totally new material components, then the cost would end up being artificially inflated to a large extent due to EVE. See, in EVE it is a short bit of work to make many millions. So whatever Dust-only players consider expensive would be trivial to EVE players or Dust-and-EVE players, who may be sitting upon billions of ISK that they have no real need to conserve. In this case, Dust items would quickly become too expensive for Dust-only players to afford, if their earnings stay as they are currently.
That said, if CCP is somehow able to work it so that your pay-off takes the market price of the items your opponents were using as a basis for the ISK reward you receive, then Dust players might well be able to slide into the EVE-dominated marketplace to an extent, as if you get paid 75% of the market price of all the gear/vehicles you killed in a match or something, then whether the gear is at a fixed price like now, where it all costs peanuts in EVE terms, or whether it's scaled up to EVE where a single militia assault rifle costs 100k ISK or something, you'd still probably make enough money to stay equipped.
But honestly the whole thing is very complicated. And who knows what changes CCP will make between now and then. |
The Enigmatist
Doomheim
1
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Posted - 2013.01.20 03:57:00 -
[5] - Quote
There will most likely be no visible impact on the Eve economy by Dust. We have nothing that they want atm aside from the lolz of OBing us from time to time. Unless the developers introduce a resource that is both precious and exclusive to Dust, we wont ever matter to Eve. Adversely the introduction of Eve to Dust's economy once the training wheels are off will have a great deal of impact. The other poster mentioned that Proto's will go through the roof in price, he is wrong, they will plummet. The higher priced Assault suit that is roughly 90k will more then likely go down to about 70-65k, its free economy and all. |
Noraa Anderson
Nox Aeterna Security
184
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Posted - 2013.01.20 03:58:00 -
[6] - Quote
From what I've gathered Dust will be a massive ISK sink for EVE with so much more going in than coming out. Apparently this will help fix inflation in EVE. |
Val'herik Dorn
CrimeWave Syndicate
263
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Posted - 2013.01.20 04:02:00 -
[7] - Quote
another thing to keep in mind, most of us die A LOT (and almost unimaginably more than most eggers) so we will always be buying more gear. it is quite possible that if enough people play dust we could make a larger impact than most people think. |
Hektor Flex
The Piddlez Legion
5
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Posted - 2013.01.20 04:03:00 -
[8] - Quote
Depends on what resources are required for Dust gear. The rarity of those resources. Where those resources are located. Then time to manufacture etc. As for ISK losing or gaining value, inflation/deflation. That all depends...(how the isk is paid out to them either npc or players, one is just isk moving the other is isk being created). Play Eve make a pilot and play the market, penny wars can be fun sometimes. To better answer your question nobody knows. |
Osiris Greywolf
Edimmu Warfighters
Gallente Federation
80
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Posted - 2013.01.20 04:04:00 -
[9] - Quote
Noraa Anderson wrote:From what I've gathered Dust will be a massive ISK sink for EVE with so much more going in than coming out. Apparently this will help fix inflation in EVE.
Probably why they made us in the first place, seeming they needed one, |
Dr Debo Galaxy
GunFall Mobilization
Covert Intervention
189
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Posted - 2013.01.20 04:37:00 -
[10] - Quote
THough no one knows really as you all said. Thanks for the input and shedding some light on the economy and how it may be effected. From what it sounds like EvE is kinda like america with more money than they know what to do with, and we are like a third world country were we have no money and work hard to get that.
Sorry another question if possible.
Would Dust using a different currency make any difference. Kinda like US dollars to what ever currency they us in like somalia or the congo? Or would that make things to crazy for ccp to balance?
Also are some of you saying that there needs to be a resource that only dust players would need to salvage or gain from our PvE that EvE players would need for our economy to effect them? Or would we need a resource that is need by all New Eden? |
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Vance Alken
Subdreddit
Test Alliance Please Ignore
94
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Posted - 2013.01.20 09:14:00 -
[11] - Quote
I really hope they let enterprising dusties get their hands dirty in Eve's market. |
iceyburnz
Crux Special Tasks Group
Gallente Federation
282
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Posted - 2013.01.20 10:33:00 -
[12] - Quote
Kira Lannister wrote:The pilots will get lulz by hijacking the price of Proto, and will be like you mad little dusties? >:]
Not true, the eve in game market is massive, prices usually stabilise fairly fast. Remember also that demand for dust items will be much higher than eve ships due to attrition and eve players go where the money is, especially on high demand items. To begin with, sure, prices might be a little higher a Ross all tiers, but once production starts prices will hit predicted (by ccp) levels. |
Minmatar Slave 74136
Sanmatar Kelkoons
Minmatar Republic
291
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Posted - 2013.01.20 12:16:00 -
[13] - Quote
my EVE character will definately be adding dust blueprints to his collection of manufacturing things. i try to keep the costs down for the infantry. A large portion of player alliances and corps have their own industrial arms to grease the war machine, so having an inhouse supply of duster gear being built only helps. just finished cooking 300k tactical ammo for orbital bombardments, lol. moe to be cooked later. |
trollsroyce
Seraphim Initiative.
CRONOS.
164
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Posted - 2013.01.20 12:33:00 -
[14] - Quote
I'll personally try and rush all officer guns out of the market asap with a 30b budget. Should get me some Thales rifles (which I can see topping 10m fast if they continue to be as relatively powerful as they are now.
The life span of items will determine much of their price. If an officer fit tank will survive as long as a battleship in use, expect the prices to land up similiar. There are several eve pilots backing up dust, and given that "normal" isk farming pushes 100m per hour (nullsec anoms, incursions, wormholes)... |
Marston VC
SVER True Blood
Unclaimed.
92
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Posted - 2013.01.20 17:02:00 -
[15] - Quote
Dr Debo Galaxy wrote:Kira Lannister wrote:The pilots will get lulz by hijacking the price of Proto, and will be like you mad little dusties? >:] ? But as far as I understand economies if they bought up tons of proto gear would that not drop the price. Would there not have to be a finite amount of a certian gear type for a products price to be hijacked? Also why am I a mad dusty?
its supply and demand, you have to take in consideration a few things other things.
1.) who has control of the materials that are used to MAKE the proto suits (or whatever teir suit it is).
2.) how readily available are these suits are.
3.) whats the supply / demand ratio for said suit/ item.
The following is how supply and demand works. If the supply of the suits out weighs the demand, (ie: 50k proto suits are made a day, and only 20k of those are bought). Then the price of the Proto suit would drop dramatically because the owners of those extra 30k suits wouldn't want to keep them, they would want to sell them and make money off of them, but because theres so many available, the "need" for them wouldn't be as high, therefore the price would drop.
Now if an eve pilot were to buy ALL of the suits or..... perhaps gain control of ALL the materials needed to produce the suits, they would have a total monopoly over that aspect of the market and could then determine what price they want to sell the suits at. If they want to raise the prices for the suits they just wouldn't sell any of the materials needed to make them. Once the supply is cut off, the price of the suits will slowly start to rise as merchants start to run out of suits to sell.
The only way the prices couldn't be hijacked is like you said, there would have to be an infinite amount of suits, and technically there is, but thers only going to be as many suits as our industrial dusties/ eve pilots produce them |
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