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Monday, 16 July 2012

Blogging my 100B away

Posted on 22:00 by Unknown
Just as a month ago, I post in detail what I'm trading with. This post has a special actuality here as I announced my plan to start a corporation where nullsec powerblock members can learn how to make supercap money individually (not from alliance budget) while traders learn how to fly in Sov wars. I always told that I'm making nothing exceptional, nothing that anyone couldn't follow, assuming effort and functional synapses.

Before more words, let's look at the item list:
As you can see, these are shiny 100-150M implants. They are mission rewards and LP rewards, created by carebears and FW-bears (Minmatar are happily plexing and missioning, not bothered by Amarr, who do the same in the Caldari zone). They aren't the greatest economists of New Eden, so they sell to any buy order, regardless of sell order prices, regional averages and other boring stuff.

The buyers are mostly highsec mission-runners who get it because such implants are extremely important for properly operating their ships which is necessary for their playstyle just as you can see on the screenshot:
As with all luxury products the buyers aren't looking for alternatives, and don't start shopping around. The purpose isn't usage, but the idea that he can afford it. It would be significantly diminished by doing the mundane tasks of a few jumps to Jita to save 30-50M, not to mention to set up their own buy order. I set buy orders, create sell orders, drive away 0.01-ers by heavy undercutting, haul the things with fully collateraled contracts between hubs. I pay 2% of the collateral as cargo reward, but the cargo arrives in 2 hours. You could haul them in an interceptor, but due to the (in)fame I gained with this blog, for me undocking my trader main or even the hub alts would be instant cargo loss. My "fans" shoot even on my empty shuttle or Orca.

Jita is the best place to buy implants, Hek has the lowest volume but the highest profit. I don't know what could I add besides the trivial: as long as people refuse to research at least that tiny field where they operate we'll never have to bother how to replace a lost titan.

Surprisingly, neither the Goon FW exploit, nor the Minmatar T5 had any lasting effect on profit. When the prices go down, I lose about a billion which I make back when they return. Of course I don't speculate with implants (or anything), what I buy, I instantly sell. About 20M profit on each re-sold in the same station, 40-50 if hauled. Feel free to trade these items, but remember, they are just a small part of the large market of EVE, and there is profit in each of the items, you just have to find how to trade it.


Tuesday morning report: 107.8B!!! Something set the farmers to overdrive in Rens and Hek tonight. They filled most of my buy orders, for 30-50% below Jita price. (2B spent on main accounts, 1.3 spent on Logi/Carrier, 1.0 on Ragnarok, 1.0 on Rorqual, 0.9 on Nyx, 1.3 on Avatar, 2.6B received as gift).
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