Except that the amount of capital you need to front for non immediate buy orders is now much greater.
It would have been better if they had instituted margin fees (i.e. a daily charge for maintaining a margin, with the order killed if margin isn’t maintained, i.e. you need to be able to cover at least x% of your orders collectively and need to be able to cover your most expensive order at any time).
Interesting changes. They might be necessary from a game balance perspective, but have nothing to do with real world markets. After the recent changes to the market they couldn’t be further away from real world.
In real world markets I don’t pay listing fees, I’m not charged for order changes, there are no things like “ticks”, there is no cooldown for order changes.
EvE has been a lot about actual physics and actual real world. A sort of tradition. I don’t know just how much, but i do know if you train a programmer in economics, he can train a computer in economics.
Also, regarding your assertion that this will have negligible impact on the market, as ‘94% of market orders never get changed at all’ - on the face of it, this is facile and i believe not a usefully accurate expression of the reality.
It’s a sad reality but CCP 2020 need to indicate in writing that they have discounted NPC trade orders from their research into market order modification… until they do so I will not know for certain if they’ve pulled this number out of their asses and it includes 100,000’s of skillbook orders and NPC trade goods.
I have said it before and I will say it again, take a look around the 0.5 Moon mining regions in HighSec and then go approach the corp that has 10 Athanor’s anchored and see if he will sell you some Ore/Minerals…
He will not - and these Ore’s/Minerals are NOT appearing on the market either - they are being sold VIA contract to one of the big builders or alliances and they sure as hell know they are buying “Dirty Ore”
This change will not affect the BIG botters at all.
This change is good. Now, if you want to sell something, you would not need to constantly lower the prices and participate in 0.01 ISK war - just place the order, no need to check it regularly.
Instant orders are more worrying in this situation, since they are technically orders with 0 modifications.
With the changes to escrow this now means that the extra capital cost for non immediate buy orders will lead to a drop in buy prices, which will lead to increased volatility (implied and realised), which will reduce market volume. This means that there will be less trading (and also a reduction in the number of traders, and traders profits).
It will be harder and/or cost more to get what you want, and sell what you don’t want.
Except devs DO NOT see the price being moved by bots. Re-read CCP’s post…
A tiny minority of orders (less than 1.3%) are modified more than eight times. Among these are orders that are being modified hundreds of times, with behavioral patterns that are very likely not human.
They are not even sure. And for sure some of the orders modified a real lot are players engaged with CCP’s spaceship game.
So you are talking about all this shake up and proposed change as a response to a fraction of 1.3% of all market orders made in EVE…
EVE’s about actual physics? Lesseee… FTL communication with no noticeable delay over 100 LY. Warp drives. When your ship stops applying thrust, it stops. Railguns and chemical-propellant projectile weapons that hit instantly at over 100km. Projectile ammunition with a 0.01 m3 volume fired out of a barrel 1400mm across (DEATH SALAMI AT RELATIVISTIC SPEEDS!)…
From my point of view this doesn’t look like a change that reflects a real life. This is done only to combat undercutting bots and reduce profit of traders. More ISK will go to … well nowhere, which will in turn reduce ISK amount in game and that’s it. Rounding makes no sense. Why forcing someone to a particular precision? I would scrap everything regarding this change and implement one thing only and that’s removal of 5min order modification window. Then all you need to do is stand by and watch at those uber fast undercutting bots and punish them.
So under the guise of fighting bots, CCP is killing off another part of Eve game play.
Margin trading: Significantly helps newer players getting into the market. The change will only favor older players with deeper pockets.
Relisting/Pricing change: Will destroy low margin and high volume trades and will only hurt people that actually actively trade. All based on the fear of bots and on the realization that most people are lazy (and don’t update orders, which is fine just expect other to make the profit). Again, this will also not help newer players.
Forcing the market into Player owned structures will also just benefit the main power blocks in Eve w/o any game play benefit.
The depths and the activity of Eve market was always unique. Not sure why CCP after so many years now is so keen to destroy the market game play.
"These changes will positively impact the market, and better support fair competitive trade between players. "
Thats just laughable. This game was never about fairness, but about seizing the oppertunities.
Can you show us some of the stats that you have to prove that new players utilize this skill to get into the market?
Don’t constantly relist, problem solved.
Yeah, that’s fair. Use TTT please and thanks, we’ll gladly take your monies. If you’ve got a problem, knock it down and put up your ownl.
Now the game is STILL about seizing the new opportunities with these changes, but here you and the rest of the kids are, whining and crying about it instead. lmao
Easier said then done. Who on God’s green earth has the firepower to take down the Perimeter Tranquility Trading Tower? The profits are split by all the big null blocks…so GG ANYONE ELSE IN THE GAME getting rid of it.