I have been Core Mining almost exclusively until recently. Core Mining is good fun. I think I'll be hanging my mining helmet for a while after this though and do some more exploreing.
gave up trying to get a good price for LTD...
- Thread starter Kahaela
- Start date
and now you know the number 1 rule of using EDDB: check the age of the price before rushing off to sell, i avoid any price more then 1 day old just for this exact reason, price won't be the same once i get there
you could say it was FDev, but at the same time, have you looked into exactly why you got the chance to sell at 1.6M+ per LTD? it requires particular states that all have to be going at the same time, so in other words a high price like that is a somewhat exceptional circumstance
so lets see here, your complaining about a Bait and Switch with LTD prices, this just shows you don't really understand just what it was you where doing, what you where doing is speculating on the price of a commodity and then when information came out that your speculation was st risk of a hull loss you seem to have ignored it.
the information in question was the patch notes when they first came out a few days in advance, they explicitly mentioned fixing the SLF bug and so therefore the "best" option, if you want to minimize your risk would have been to wait till a little before the patch, about 1.5 times the amount of time it would take you to unload so look for the best price then dump your stock and get out while the price was high.
so in short, you tried to play the commodities market (by and large the same thing as the stock market, but with resources instead of shares in a company) and because you didn't pay as much attention as you should have to market modifying information you lost out big time
and here again your lack of understanding just what you where doing shows, you built your business model on risky assumptions and when you got information that indicated the model might not keep working you didn't try to make a new one right away to minimize the risk to your investment, any smart business person would have seen the patch notes as a clean sign the current way of business is over and also that the current way of business was a "bubble" and the bubble had burst, therefore the priority now was to dump inventory at the right time to avoid huge losses, like what your seeing now
so in conclusion, there are players who thought they could play economic games and didn't understand what they where doing and so now they are complaining because they lost huge amounts of money due to there lack of understanding.
I will freely admit, i have no degree or formal education in economics, yet once the patch notes came out it was obvious that LTDs where a dead source of money and so i dumped most of my stock when the price was hovering between 1.6M and 1.73M a ton, if you read those notes, and saw the price spike to 1.7M, its your own fault you lost credits because you didn't dump your stock of a soon to be worthless commodity while the price was exceptionally high (did you roll a D20 to see what you should do and got a 1?)
its somewhat funny in a way, everyone called this a gold rush yet it seems not everyone understood the full implications of that.
if your going to speculate on exceptional circumstances such as the recent LTD supply, be prepared to lose it all at the drop of a hat (or patch)
you may now quote this as you please and whine some more, iv got a vette to grind out and im about 30% done with the final rank and i still haven't had my morning coffee yet.
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You are making an assumption here. I do know it is a somewhat exceptional circumstance, but it still happens relatively frequently, about every 4 or 5 days. Definitely not an anomaly. Its been that way for a long time.
I was speculating on the commodity price based on solid history and established patterns. That's what you do... it would be pretty foolish not too.
I did not "ignore" the information. The information was provided 12 hours prior to the update. Considering people work and have lives beyond work & ED, I was in no position to act on this information unless I sold LTDs throughout the wee hours of the morning. Obviously not going to happen.
The bug you are referring to, the one that was included in the original patch notes, had nothing to do with the price or commodity demand.
As I mentioned before, I knew very well what I was doing, FDev just changed the rules.
Also, as I stated in one of my previous posts, I was dumping LTDs when the market was high. It only lasts so long, and I have more inventory than I can dump in one sitting.
You don't need a degree in economics to figure this out. Its a game with predictable algorithms, unlike real life... until you change the rules overnight of course.
I am not "whining", I simply provided my opinion and defended my point thereafter. You should probably finish your morning coffee before replying instead of being a jerk.
I beg to differ, I have an FC and spent well over an hour prospecting in a Tritium hotspot only to come away with 8T of Tritium. FDev seriously overcorrected with the Nerf hammer this time.
Now that FDev has nerfed mining, we should demand the repeal of the bulk tax. No point in losing additional money when it takes literally hours for tiny amounts of desirable materials.
Don't go to a Tritium hotspot - it's the one place guarenteed not to have Tritium (seriously) - I just came from a Grandiderite one where I picked up LTD, Void Opals and somewhat surprisingly Grandiderite all from core mining - passed up lots of roids with 3 sub surface Tritium and saw laser deposits as well. Generally whatever the item you want to mine - don't go to that hotspot, they are all mixed up with each other - also non hotspots tend to be better overall for cores at least.
Or if you are within reach of civilisation just put up a fair price and folk will haul it to you - I prefer my current three hops to sell cores, but if the price is right I'll haul Tritium to you all day long.
Or if you are within reach of civilisation just put up a fair price and folk will haul it to you - I prefer my current three hops to sell cores, but if the price is right I'll haul Tritium to you all day long.
well, you should check that NOW, kind of hard getting tritium now by mining in deep space and market trade tritium to fill a ship in deep space isnt worth so I stand my belief now, the only winning move is not to play until they do something about it. I have other online games that I can entertain myself for now. so thank no thanks. Good luck to you all and best regards.
Opinions & arguments won't make a huge difference, if alot of players don't have fun anymore & play other games..
If that's what you're after, you'll have a dead game in some time.
That's a situation we're facing right now, which means the best course of action for fdev is making their game "fun" for the majority of the playerbase.
Correct me if I'm wrong, but I think that's how game development works these days. Not saying that fdev figured that out.
And I'm not judging.. if you like the current system that's cool.. but if - let's say - 80% of players don't like it? Doesn't sound sustainable to me.
If that's what you're after, you'll have a dead game in some time.
That's a situation we're facing right now, which means the best course of action for fdev is making their game "fun" for the majority of the playerbase.
Correct me if I'm wrong, but I think that's how game development works these days. Not saying that fdev figured that out.
And I'm not judging.. if you like the current system that's cool.. but if - let's say - 80% of players don't like it? Doesn't sound sustainable to me.
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Last checked it last night - I'll be logging in in 10 mins or so and don't expect it to have changed - if it has I'll post to that effect. As I said above non hotpsot areas of the ring were better than hotspots and I see a roids with 3 ssd Tritium at about the same rate as I get core roids with LTD, Void Opal etc
This is in the Tollan system - but I'd be surprised if it was anything special about that system - RNG is always a factor as well of course.
As other games go I can recomend Destiny2's current season as quite good if you haven't played in a bit and the new Berlin map in World of Tanks is pretty fun - oh and I think Torchlight 2 is still free over on the epic store - sometimes a break is as good as a rest.
Just spent 17 minutes mining 28 units of Osmium* in the B-Ring** of Barnards Star 5..... For a mission issued by Carvers Prospect, Nanomam; at 3.75 million credits.... not 100 mil/Hr but still not too shabby ... but more to the point... people who enjoy mining for it's own sake, are still mining things other than LTD's or VO's
o7* During that time, and off the top of my head: I came accross and ignored 2 VO, 1 LTD, 1 Grandidierite and one other 'Core' roid and loads of SSD Tritium (Most of my Osmium was SSD's too!)
** Metal Rich Ring NOT near any hotspots
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The context of the debate was based on trade between players, not missions. Unless someone knows something I don't, no one is interested in trading things other than LTDs or VOs at the moment, not for profits at least.Just spent 17 minutes mining 28 units of Osmium in the B-Ring of Barnards Star 5..... For a mission issued by Carvers Prospect, Nanomam; at 3.75 million credits.... not 100 mil/Hr but still not too shabby ... but more to the point... people who enjoy mining for it's own sake, are still mining things other than LTD's or VO's
I did read an article somewhere awhile back saying that some commanders were stocking up their FCs with materials needed to unlock engineers. Great idea!
Good on you though, I've enjoyed many hours of core mining. Time for me to move onto something else though.
i second that dont feed the 2020 account troll.. im in this game since beta and his points are right and valid imo too ! And yeah sadly its nothing new for FDev to f their game up and dont even tell us in changelogs or news what how and why it happened.