Fanfest 2014 - Economy: Into the Second Decade

The annual lecture on the EVE economy presents a general overview of the economy since last Fanfest and how player-driven analysis might change the EVE economy in the second decade of EVE Online.

[jasperwillem]

The slide you didn't see;

Relative demand for various resources, in addition to technological advances and increased efficiency in manufacturing, will bring on severe pressure for new market equilibrium on almost any item that is out there today. 

[willheron]

Could we somewhere get a summary of key points for each video, with links to where it is discussed?

[nodakamakadon]

It's a shame to see him go.

Ah, I love this stuff.

[TheGahta]

My favorite part of fanfest each time, i also love consumption^^

[Mikaaa]

i like the economy videos  ccp make a good work 

[GothSeiDank]

I think it is funny how the economy panel has a violence rating :D. All those dead virtual ships :P.

[Starship_AI]

I watched this from the wide webs of internets.

[misterpigeon]

Can't wait for next year to see the GUP graph factoring in the bloodbath

[WizzRacing]

So plex is seen as a hedge against inflation. When it's really a hedge against deflation or value loses in holding In game items is the way I see it.

Add the efficiency of salvaging items, ships and missions puts more ISK back into the game that otherwise would be lost you should see prices drop. Which would make any market manager nervous holding any large amounts of items. If the value drops 15% and your holding 200 billion in sales orders that is a net lose of 30 billion. I would hate to get a margins call on that one if you only had to put up 1%,

So no wounder plex prices are up. There hedging the market will drop in total value. I might add people selling plex will be buy higher priced in game items thus driving prices up and potentially higher ISK loses as demand increase to replace them.

[marshalcraft]

so basicly ccp flooded the economy with isk, through faucets like salvage and bounties basicly missioning and as such the value of plex has remained the same so they cost alot more isk.

[wolfen]

I pay for my account with cash not isk so the higher these plex's go the farther my cash can go ingame. I hope they hit 20 bill per plex. Then titans can get lost like skittles. But they wont let that happen... They will just increase the cost to make them so they stay expensive. But what these high plex prices do help is get rid of people who are on the "Free To Play" wagon.So less alt accounts/Bot accounts. This might help CCP pay attention to the people who are actually paying for their labor.

[nefar]

I have 8 eve accounts -- They are now all closed because plex prices are getting asinine.

[marshalcraft]

i wish i could ask this guy a question, look at scordite prices for the last year, how unnatural they are. wtf are you guys doing to mining>???

[jasperwillem]

Its a shame we lost a good CCP'er. 

[marshalcraft]

yeah biggest change to industry since launch, that is completely removing it. first time since launch that there will be no industry. instead of dedicated players who played the game for industry alone, everybody will mindlessly pvp and be self sufficient through mindless miny games and ai. this is eve in the second decade i guess. dumb downed and sandbox/player economy removed.

[deadeyegaby]

ugghh
i came to this came for an mmo
This is a cult XD