tag:blogger.com,1999:blog-1461700565722278823.post4432570913190493329..comments2024-02-27T14:44:07.868+01:00Comments on Greedy goblin: October business reportGevlonhttp://www.blogger.com/profile/07072766785893313616noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-1461700565722278823.post-3521385161606303102012-11-02T00:15:31.000+01:002012-11-02T00:15:31.000+01:00Btw, you partially make wrong assumptions about ot...Btw, you partially make wrong assumptions about other methods to earn money.<br /><br />E.g. for ice mining it's not interesting how much money you make per hour (it's horrid), but how much money you make per time invested (that can be up to several hundred million per hour, depending on how you do it). The bigger part of the time, it doesn't prevent me from doing something else.<br /><br />So why should I trade when I can currently earn more ISK per play time than with trading (reaching your ISK/hour requires quite some capital).<br /><br />Just because trading suites your playstyle doesn't mean it's best for all.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-3196696823934767362012-10-31T16:35:37.696+01:002012-10-31T16:35:37.696+01:00The margin of 2-3%, at some inventory turnover rat...The margin of 2-3%, at some inventory turnover rate, corresponds to some income rate (the slope of your linear fit).<br /><br />In the real world, investments are often evaluated by return on investment - which presumes that investing twice as much would yield twice as much profit. But in EVE, it seems like the correct way to evaluate different opportunities is simply income rate.<br /><br />So if you are considering going into some other field with a different turnover duration (coolant presumably goes fast, bigger things presumably go slower), rather than driving the margin down to 2-3%, you might pick a margin based on the turnover duration, so that it comes out to be the same income rate.Anonymoushttps://www.blogger.com/profile/04906677773615232966noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-34927565732101297852012-10-31T15:17:41.858+01:002012-10-31T15:17:41.858+01:00Theres also the risk element involved. Meet a bett...Theres also the risk element involved. Meet a better goblin in your chosen market and you lose your capital. Competition wipes out small traders the same way botters wipe out small time farmers. I can give examples of these in wow, where every gem I posted on one server was imediately undercut. I never sold anything and lost gold on all my deposits. I ended up having to vender the gems. <br /><br /> farming gives me +gold(isk)/hr as opposed to trading where I can lose money trying it.nightgerbilhttps://www.blogger.com/profile/11555431875907240808noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-22682257519361904332012-10-31T10:53:17.694+01:002012-10-31T10:53:17.694+01:00People find trade as boring as you find mining and...People find trade as boring as you find mining and ratting. I can't stand it.kyself and prefer to spend my time doing things I enjoy. Some people are not business minded.Sugar Kylehttps://www.blogger.com/profile/15437978687639772023noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-18532935661586924722012-10-31T10:39:09.097+01:002012-10-31T10:39:09.097+01:00I was just talking to my father ( a highsec missio...I was just talking to my father ( a highsec missioner ) about this.<br /><br />He told me that he only heard that the FW exploits bring so much money a week before the last patch.<br /><br />And then he said that he wouldn't even know where to start looking up what kind of fits and procedures to use to grind FW.<br /><br />Exploiting things like this needs an initial effort of out of game research.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-39870224176154687502012-10-31T10:13:19.755+01:002012-10-31T10:13:19.755+01:00"t will take a month or so to stabilize as ma..."t will take a month or so to stabilize as many FW orbiters still have billions worth of items in their hangar. "<br /><br />it's not just the "FW orbiters" but also the other speculators that will want to unload their stocks in a timely manner.<br /><br />http://i.imgur.com/d6ZZw.png<br /><br />that picture was taken 2 days ago by corestwo (if you doubt its authenticity you can see the context it was provided in at http://eve-live.com/scc-lounge, scroll up to 2012.10.29 20:06:30).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-91889783036886766372012-10-31T09:28:04.374+01:002012-10-31T09:28:04.374+01:00If everyone would only trade, you would run out of...If everyone would only trade, you would run out of things to trade very very soon.<br />You trade the stuff miners built, mission runners bought for LP or wormhole guys looted from sleepers.<br />And a lot of the money, which is used to buy from you, comes from bounties.<br />So talking down to people who make their money NOT by trading, makes you look like a Romney.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-81491761745825482892012-10-31T08:38:10.378+01:002012-10-31T08:38:10.378+01:00It's likely the same reason some people mine o...It's likely the same reason some people mine on a single account, rather than set up their own fleet. It requires very little thought, planning or logistics and it's a steady risk free income. By the same token people obviously like different playstyles and there are some things they simply don't want to spend their free time doing. For example you could go live in a WH and make 500m/hr multiboxing, this might be more than you're making now it might be less, I don't know how many hour you played this month. Even if it was more however would you do it? Assuming that's a no why not? It's not really any worse than what you're currently doing logistically, the risk honestly isn't there if you're careful and you have the capital to buy the dread/carrier/subcap pilots as needed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-91423459292027906962012-10-31T07:47:38.646+01:002012-10-31T07:47:38.646+01:00"I don't really understand the reason why..."I don't really understand the reason why one would choose a greatly inferior and boring grind instead of a better one?"<br /><br />Simple. The better one needs not only the capacity to do some brain work, but the will to do it regulary, while mining can be done AFK and ratting almost the same. You can't AFK-trade. You can't trade without thinking about what and why you do. So, anyone, who wants to "play" without any mind effort, will naturally pick an activity, that don't need any.Alkarasuhttps://www.blogger.com/profile/08909657675575248718noreply@blogger.com