I'll never understand the appeal of EVE Online. These players spend months and tons of real-world money to build ships in the game, only to go to war and lose it all in an instant. We're talking about real, tangible cash here that these people are losing.

Such is the case today as the CFC and Russian Coalition took on Pandemic Legion and N3 over a missed bill payment. Seriously.
"Earlier today an alliance in the N3 coalition missed a bill payment for the system where Pandemic Legion is staging and storing their fleets," writes EVE. "This missed bill caused sovereignty to drop across the system leaving the station vulnerable to capture. Seizing the opportunity, the CFC (Goonswarm Federation, Razor Alliance, Black Legion and the Initiative) and Russian Coalition (Solar Fleet, Darkness of Despair and Against ALL Authorities) captured the station."

At last mention, 62 Titans from both sides of the fight have been destroyed, with 42 of those kills coming at the hands of the CFC while only suffering a loss of 20 ships so far. As estimates place the real-world cost of those ships at $2,500 (USD) each, you can see how a pretty penny was lost in today's fight.

As a rough estimate, the loss of those 62 ships resulted in the real-world loss of over $155,000. Those prices may be off a bit, I'm merely going by this quick synopsis of the events from this Reddit thread. To think that this all started over a missed bill payment.

More images like the one above can be found in this high-res gallery that one Reddit user took of some of the devastation.