July Financial Report

Overview

June and July were periods of rapid growth, both in terms of buying power and activity spread. I’m now able to have my fingers in more markets and more item types, helping to spread the risk.

Graphs!

Out performing the liner projection the past three months.

My purchase sprees have grown in volume over the past few months. They keep topping out at larger amounts.  18.5, 21.1, 25.2, and now 25.5 B purchased in a single day. I love seeing the holding account balance go up, but liquid ISK is idle ISK. Throw is back into the market unless you are accruing a balance for a project.

Major Points

1. New milestone reached as I moved 103.7 B ISK this month.

Subscribing to the Bulk Trade mailing list has fueled buying in large quantities. Why buy two Scimitars off the market when you can buy 20 and get a discount?

2. Speculation on Cobalt

I logged into Jita about 35 minutes after the Devblog was posted citing changes to Alchemy. At this time the majority of Cobalt was off the market, so I was only able to get 26k units @ 1,580 (41.7 M) and then I foolishly bought 15k units @ 7,000 (110.7 M).

As of this writing, Cobalt is sitting at 2,800 in Jita so I highly doubt that I was turn a profit on these speculative trades. I didn’t run the numbers after the announcement so I’ll accept the loss on this.

Despite the loss, it was fun to refresh the markets and watch the speculation drive prices. I hope for more changes to the moon market this fall.

3. Mobile Application

This has proven to be a powerful way to remain connected to the market. I’m currently able to monitor sales and purchases. This lets me keep mental notes of what needs to be restocked or adjusted. In the future we hope to expand it with more Android style touch options.

Some ideas that we have been throwing around is that of a cart. If you are about to sell out of an item, it will shade the row and holding down on the row will bring up an action menu. You can look up history, item trading performance, or add the item to a restock cart.

4. Industrial Partner

Raath, the author of Staticmapper and DRK Industry Tracker, and I are forming an industry and trading partnership. I’m taking my idle stack of blueprints and putting them to use.

We’re polishing off our invention and Tech3 production skills so we can start to mass produce ships and modules. *sigh* do you know that it is going to take 50+ days to be able to produce a Tengu hull and Subsystems?

Idle blueprints

Invention skills

5. Implants

The adjustments to Faction Warfare rewards killed profits on implants for me for over a month. I waited for the price to adjust and am back to trading these in high volumes again. In the past month implants are back in my highest performing group and I’ve moved 2,880 implants in the past 30 days.

6. Wallet Manager

For those of you that have been asking about my Wallet Manager program I have good news. A group of developers is using inspiration from our team and is coding up a public version for everyone. I chat with them daily on irc.coldfront.net and will have a post about this once we have some public-facing content.

The Future

I’m going to get my new partner, Raath, up to speed on the trade operation. He is bringing a large number of production alts so I’m looking forward to putting all our idle blueprints to use.


Jump Freighter Fleet

Today we celebrate as we add Jump Freighter #4 to the fleet. This brings our operation to around 1,400,000 m3 of moving capacity per jump.

Prices for these ships have gone nothing but up in the past two years and peaked with the massive amounts of speculation when Drone minerals were removed. The Ark was purchased in 2011-02 at ~4.7 B, which seems almost cheap compared to current prices.


Thrashers in Tama

I don’t have a lot of small gang lowsec PVP experience and in order to broaden my experience level, I like to enlist other people to show me the ropes. Sunday night I went on a 2 person Thrasher roam with JonnyPew of the Explorer’s Log Youtube series.

We ended up deciding on Thrashers since they are a versatile and throwaway PVP ship.

I really want a “Copy Ship Fit” option that will take the existing ship’s fit and assemble a duplicate in the same hangar. I only had to fit up 10 Thrashers and I was already getting annoyed. I found that if I put all the modules, ammo, and rigs in to a container and dragged out of that, it helped the mass fit process. I can’t imagine what the RVB people go through to fit up waves of disposable Rifters.

We started in Jita and made our way through Black Rise to Tama under JonnyPew’s guidance. If you don’t know, Tama is a well known PVP lowsec spot so we wanted to end the night there.

On our way to Tama from Jita, we played standoff with a frigate gang and tried to bait a few Faction Warfare people running sites. We ended up not engaging anyone and instead ganked a cyno alt that was waiting out a beacon. Too many times have I been on the receiving end of this action so it was nice to be the one shooting slugs into a helpless ship.

Frigate Standoff

When we got into Tama, we found a solo Thrasher and attempted to bait it. It turns out that my AutoCannon fit was no match for the Artillery off-grid boosted Thrasher.

Our bait went successfully as I warped off to a clearly discernible planet at 30 after locating the solo Thrasher. He landed at 0 on the planet, 30k away, and locked me up. To my amazement he was getting hits on me from 20k away and as I voiced my amazement, JonnyPew informed me that he was most likely Artillery fit. My 1,100 optimal was no match and I went down in under 30 seconds. At least I got a ‘gf’ in local.

gf

Sunday night US (1:00 Monday UTC) seems to be a good block of free time for me. I might try to make this Sunday night suicide roam a regular occurrence. If you are interested in FC’ing or tagging along, contact Blake Armitage in game. Skype conference seems to be the easiest way to communicate for me until I setup an official voice server.


Nyx Beauty Shots

I’ve wanted to fly a Nyx since I started playing Eve as I find it to be the best looking ship in the game. It commands respect. I now have the ISK and an almost maxed out Thanatos character to pilot it, but I don’t want to put my main character in a space coffin.

This week Supercapitals and Titans were seeded on the test server. If you have the skills, you can buy a hull for the 100.00 ISK seed price. I was even able to put an deadspace tank on the ship as the Corpum/Corpus modules are also seeded.


June Junk Drawer

1. Interested in the current tone of CSM-CCP relationship, the future of industry, and hints into the Winter expansion? Listen to VandV Podcast: Special Edition: Spring Summit Wrap Up podcast which contains an hour of content with current chairman @Seleene_Eve.

2. Chribba posted a screenshot of his Titan mining operations in lowsec.

3. I gasped at the sov map for a minute before discovering that there was a zero in the name.

4. Endless Space, a 4X turn based space strategy game, has been recieving a lot of my attention over the past month. The Beta is available right now on Steam and patches have been coming out every week or so with balances, new UI elements, and bug fixes.

I’m really interested in this game because the same game format is XML that is compressed in a .bin file. You can uncompress it with 7-Zip and then edit it in Notepad++ to change planet or hero attributes, technologies, global events, or even star system locations. The mentality of the development team is one of openness with the community and they are very active on the forums while polishing up the Beta.

5. I’ve contacted some Tech2 manufactures and have started to buy in bulk. You can generally get 5-10% Jita price, which does nothing but increase your margins.

6. Since I haven’t been actively playing much this month, I put some idle BPOs into copy research for some very passive income. There are idle or low wait empire copy slots, you just have to look for them. Hint: go to lowsec. I just know one of these days I will encounter a smartbomb.

7. To help solidify my claim as a bittervet, I picked up some Anaconda Mines.

8. I have an itch for a large scale public investment project, but lack any type of formal finance training. I wish Eve had a stock market so people could invest in my trading and manufacturing operation. I don’t have any idea of where to start, what the payout would be, or how to manage risk when you start to work with other people’s money; I would not want to be Eve Bank 2.0.


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