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Knights Armament
TDSIN Application Sent
214
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Posted - 2014.03.11 10:13:00 -
[1] - Quote
What the hell is going on. http://www.youtube.com/watch?v=OZOdADD5RNs&feature=youtu.be http://evemouthbreathers.blogspot.com/ https://secure.eveonline.com/trial/?invc=29554516-05f9-4eca-a942-32e1701a6569&action=buddy |
Icarus Able
Revenant Tactical
363
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Posted - 2014.03.11 10:13:00 -
[2] - Quote
Its more expensive on weekends because more people are online? |
Knights Armament
TDSIN Application Sent
214
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Posted - 2014.03.11 10:15:00 -
[3] - Quote
Icarus Able wrote:Its more expensive on weekends because more people are online? Possibly, but someone is buying up most of the plex and relisting, driving prices up. I thought CCP flooded the market with plex to prevent this type of behavior? What is to stop large alliances from using their vast income to buy up all the plex? http://www.youtube.com/watch?v=OZOdADD5RNs&feature=youtu.be http://evemouthbreathers.blogspot.com/ https://secure.eveonline.com/trial/?invc=29554516-05f9-4eca-a942-32e1701a6569&action=buddy |
Abrazzar
Vardaugas Family
2708
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Posted - 2014.03.11 10:15:00 -
[4] - Quote
1000 words and video messages for the coffin. Sovereignty and Population New Mining Mechanics |
Knights Armament
TDSIN Application Sent
214
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Posted - 2014.03.11 10:18:00 -
[5] - Quote
One guy has 50 plex going for nearly 700 million isk, obviously we have a big player in the markets right now driving prices up. http://www.youtube.com/watch?v=OZOdADD5RNs&feature=youtu.be http://evemouthbreathers.blogspot.com/ https://secure.eveonline.com/trial/?invc=29554516-05f9-4eca-a942-32e1701a6569&action=buddy |
Icarus Able
Revenant Tactical
363
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Posted - 2014.03.11 10:21:00 -
[6] - Quote
Im guessing its to do with the ship skins coming out soon. You can convert plex to aurum to pay for them which would drive up the price anyway so maybe someones just getting ahead on the action. |
Knights Armament
TDSIN Application Sent
214
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Posted - 2014.03.11 10:25:00 -
[7] - Quote
I really don't see how 1 month of gametime is worth however many hours it takes to earn 700 million isk. http://www.youtube.com/watch?v=OZOdADD5RNs&feature=youtu.be http://evemouthbreathers.blogspot.com/ https://secure.eveonline.com/trial/?invc=29554516-05f9-4eca-a942-32e1701a6569&action=buddy |
Icarus Able
Revenant Tactical
363
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Posted - 2014.03.11 10:27:00 -
[8] - Quote
Knights Armament wrote:I really don't see how 1 month of gametime is worth however many hours it takes your average player to earn 700 million isk.
4 hours if i try and get the right people with me. |
Christopher AET
Segmentum Solar
618
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Posted - 2014.03.11 10:30:00 -
[9] - Quote
I fail to see the problem I drain ducks of their moisture for sustenance. |
asteroidjas
Rothschild's Sewage and Septic Sucking Services The Possum Lodge
30
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Posted - 2014.03.11 10:32:00 -
[10] - Quote
i haven't bought a plex to use for gametime since it was what, 250m...obviously there is no abundance of low-risk isk faucets since somehow more ppl have more money they are willing to spend. Unfortunately, CCP have apparently decided to not include plex in their 'index' to gauge inflation. |
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Lors Dornick
Kallisti Industries Solar Assault Fleet
1023
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Posted - 2014.03.11 10:33:00 -
[11] - Quote
Plex is higher in suburbs than in Jita, minor flux is happening.
News at 11.
Vote for Fuzzy Steve! https://forums.eveonline.com/default.aspx?g=posts&m=4236322
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Gilbaron
Free-Space-Ranger Nulli Secunda
1229
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Posted - 2014.03.11 10:39:00 -
[12] - Quote
an investment of 2 billion ISK for a single job that runs for a month makes enough money to buy a plex. it may take some days to sell what you made, but it may happen faster if you spread to a few more jobs in the same category :) GRRR Goons |
Knights Armament
TDSIN Application Sent
214
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Posted - 2014.03.11 10:44:00 -
[13] - Quote
I just don't see the point in allowing plex prices to climb un-regulated, your average 2 month old character isn't going to spend 2.5 billion on a plex. http://www.youtube.com/watch?v=OZOdADD5RNs&feature=youtu.be http://evemouthbreathers.blogspot.com/ https://secure.eveonline.com/trial/?invc=29554516-05f9-4eca-a942-32e1701a6569&action=buddy |
Spurty
V0LTA Triumvirate.
1250
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Posted - 2014.03.11 10:50:00 -
[14] - Quote
The tea leafs say "more 40bill raven kill mails soon" *signature is not allowed on the EVE Online forums* |
Jurou Yuan
Hakkaisuo Corporation Monyusaiya Industry Trade Group
49
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Posted - 2014.03.11 10:55:00 -
[15] - Quote
Knights Armament wrote:I just don't see the point in allowing plex prices to climb un-regulated, your average 2 month old character isn't going to spend 2.5 billion on a plex.
They can just pay with money then. Paying with plex is a option not a right. |
Knights Armament
TDSIN Application Sent
214
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Posted - 2014.03.11 10:57:00 -
[16] - Quote
Jurou Yuan wrote:Knights Armament wrote:I just don't see the point in allowing plex prices to climb un-regulated, your average 2 month old character isn't going to spend 2.5 billion on a plex. They can just pay with money then. Paying with plex is a option not a right.
You're right paying with money might be cheaper in the long run, it would also probably be cheaper to just uninstall the game and play something else. http://www.youtube.com/watch?v=OZOdADD5RNs&feature=youtu.be http://evemouthbreathers.blogspot.com/ https://secure.eveonline.com/trial/?invc=29554516-05f9-4eca-a942-32e1701a6569&action=buddy |
Rhatar Khurin
Happy Asteroid Ltd
549
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Posted - 2014.03.11 11:04:00 -
[17] - Quote
Knights Armament wrote: I thought CCP flooded the market with plex
What? They have never done this, all PLEX sold are player bought and sold.
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Salvos Rhoska
Pator Tech School Minmatar Republic
212
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Posted - 2014.03.11 11:11:00 -
[18] - Quote
Player market controls price of PLEX ingame. No need for external regulation.
Since all PLEXs are introduced into the game by someone paying IRL money in some form, that part is externally regulated by CCPs pricing, and CCP doesnt need to worry about the ingame price of PLEX interms of their revenue from players maintaining account time.
I agree a rise in PLEX value ingame is to be expected in anticipation of the ship paintjobs. This because PLEX is the ingame item convertible to AUR.
So there is a connection between the demand on AUR items and PLEX.
Again, there is no need for external regulation on this, because PLEX as the ingame item convertible to AUR, is only introduced into the game by someone somewhere buying ine with IRL money.
AUR, however, can also be purchased from CCP directly out of game. So if it should happen that demand for AUR items raises so high that it raises PLEX to an unsustainable level (ie: where people are paying so much ISK for PLEX to either maintain gametime or purchase AUR, people will start buying the AUR directly from CCP instead, and the PLEX will devalue eventually to a point where it is more inline with peoples capacity to generate ISK for purposes of maintaining gametime.
So no need to worry, and no need for internal regulation. PLEX price ingame is player controlled. If rising PLEX prices make it harder for people to maintain their account time, that is simply because other playersmaremcharging more, and they will simply have to adapt either by playing harder or more profitably, or obtaining gametime by out of game means.
TLDR: The more demand there is for AUR items, the higher PLEX price will rise (especially at this point where buying AUR from CCP is (to my perception atleast) still quite uncommon. The existing pool of PLEX ingame, will also drop, owing to people converting them into AUR now, as well as using them for account maintenance, which was the only primary PLEX sink at this point. So even as demand for PLEX increases (to convert into AUR) that also means a direct reduction in PLEX supply, which further increases the foreseeable price of PLEX in ISK.
The proposed current AUR price for paintjobs, is quite low. So low, infact, that converting a PLEX will get you more AUR than what most people even really have use for in terms of just buying the paintjobs. So though AUR items will drain some PLEX, its not likelyto be all that many in the long run.
Make no mistake though, PLEX prices will certainly spike noticeably as we get closer to an actual release of the AUR paintjobs. I have no doubt that many speculative players can see this eventuality, and are either ensuring they get the PLEZ they need for upcoming months, now, before that happens (therefore driving price up now) but also those whonanticipate being able to sell PLEX in that spike period for substantial profit. |
Jurou Yuan
Hakkaisuo Corporation Monyusaiya Industry Trade Group
49
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Posted - 2014.03.11 11:11:00 -
[19] - Quote
Knights Armament wrote:Jurou Yuan wrote:Knights Armament wrote:I just don't see the point in allowing plex prices to climb un-regulated, your average 2 month old character isn't going to spend 2.5 billion on a plex. They can just pay with money then. Paying with plex is a option not a right. You're right paying with money might be cheaper in the long run, it would also probably be cheaper to just uninstall the game and play something else.
So pay with plex? Can't afford too? Nobody else's problem but your own.
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Hasikan Miallok
Republic University Minmatar Republic
409
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Posted - 2014.03.11 11:16:00 -
[20] - Quote
AUR are going up in cost quickly as well.
Probably some market speculation going on. |
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Hasikan Miallok
Republic University Minmatar Republic
409
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Posted - 2014.03.11 11:20:00 -
[21] - Quote
Rhatar Khurin wrote:Knights Armament wrote: I thought CCP flooded the market with plex What? They have never done this, all PLEX sold are player bought and sold.
CCP buy PLEX if price drops too fast and sell them again (along with any confiscated from banned accounts) if prices rise too fast.
All PLEX are originally paid for by players but CCP do interfere to stabilise the market.
https://forums.eveonline.com/default.aspx?g=posts&t=235607
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Lipbite
Express Hauler
1820
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Posted - 2014.03.11 11:24:00 -
[22] - Quote
Here is my theory: CCP want the huge wave of new players (after recent battle) to pay for subscription instead of buying PLEXes with ISK - so they temporary stopped feeding market with cheap PLEXes and what we see now is actually free market. Or it's just all new players are buying PLEXes for the first time and there are too many of them for CCP to hold the price (without big GTC sales). |
Icarus Able
Revenant Tactical
364
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Posted - 2014.03.11 11:32:00 -
[23] - Quote
Lipbite wrote:Here is my theory: CCP want the huge wave of new players (after recent battle) to pay for subscription instead of buying PLEXes with ISK - so they temporary stopped feeding market with cheap PLEXes and what we see now is actually free market. Or it's just all new players are buying PLEXes for the first time and there are too many of them for CCP to hold the price (without big GTC sales).
Why in hell would they do that a plex is 15.99 a sub is 9.99? |
Ralen Zateki
Nexis. League of Infamy
102
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Posted - 2014.03.11 11:35:00 -
[24] - Quote
Market speculation on PLEX?? On my way to Jita in my Ibis with all my PLEX then.... |
Salvos Rhoska
Pator Tech School Minmatar Republic
212
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Posted - 2014.03.11 11:47:00 -
[25] - Quote
Lipbite wrote:Here is my theory: CCP want the huge wave of new players (after recent battle) to pay for subscription instead of buying PLEXes with ISK - so they temporary stopped feeding market with cheap PLEXes and what we see now is actually free market. Or it's just all new players are buying PLEXes for the first time and there are too many of them for CCP to hold the price (without big GTC sales).
First of all, new players buy PLEX from CCP, not from the Market. Infact many new players don't even realise they could simply buy account time for cheaper, rather than a PLEX. This is something I see repeatedly prove true in Rookie Chat.
But this does not affect the price of PLEX, because these new players are converting their IRL bought PLEX directly into gametime, not selling them on the Market.
New players, even those who arrived as a result of the recent media flavor fleet battle, generally are not in a position to buy PLEX ingame. It takes time to develop an account, to learn EVE and formulate a game strategy to be able to afford a PLEX. For most players, that is atleast 2-3 months. Many do, however, buy an "extra" PLEX, when they are buying their original stack that they mistakenly is the only way to add time to their account. Those extra PLEXs make it to the Market, and are probably quite a substantial part of influx of PLEX into the game.
Second of all, I don't know the specific figures of CCPs intervention by selling existing confiscated PLEX, but I think the amount is quite small compared to the mass of "legit" PLEXs. Its more a courtesy and expedient measure to the community to re-introduce PLEX that, in an informal fashion, "belongs" to the community/economy at large. I don't believe CCP re-introduction of confiscated PLEXs has ever had a significant impact (but by all means, if a true Veteran knows of such incidents, then I defer to them absolutely).
Atleast I would hope that they are careful when doing this, by introducing them at a trickle and at non-disruptive pricing. In any case, its better that they do this, than destroy the PLEX, or "re-sell" the PLEX through the CCP shop. Those alternatives are far inferior to what I understand to be their current policy. |
Julius Rigel
157
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Posted - 2014.03.11 11:50:00 -
[26] - Quote
Knights Armament wrote:I just don't see the point in allowing plex prices to climb un-regulated, your average 2 month old character isn't going to spend 2.5 billion on a plex. Sure he is. Why not?
From looking at the market in these past years, it seems to be the case that PLEX price is rising in correlation with inflation of ISK, as you can see from this (eight-and-a-half hours in MSPaint) composite of the prices of PLEX, Thorax, and Megathron, data courtesy of eve-marketdata. What that means is that if you just go about your daily business and do whatever it is you do to make money, then the good or service you are providing should keep paying a proportional amount of ISK, meaning you can still buy your PLEX every month.
Unless, of course, your main source of income in EVE is to generate ISK out of thin air (missions, for example). Then, obviously, you are contributing to the inflation, and the stuff you are doing is paying out a static amount of ISK not proportional to supply and demand of anything. But in that case, it's your own fault. And also, shame on you! Stop printing ISK! Do YOU like to undock? |
Malcanis
Vanishing Point. The Initiative.
14050
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Posted - 2014.03.11 11:57:00 -
[27] - Quote
Knights Armament wrote:Icarus Able wrote:Its more expensive on weekends because more people are online? Possibly, but someone is buying up most of the plex and relisting, driving prices up. I thought CCP flooded the market with plex to prevent this type of behavior? What is to stop large alliances from using their vast income to buy up all the plex?
What's to stop incredibly wealthy hi-sec T2 BPO owners and industrialists from using their vast income to buy up all the plex?
Same answer: nothing. PLEX are an in-game item.
1 Kings 12:11
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Zifrian
Licentia Ex Vereor Black Core Alliance
1409
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Posted - 2014.03.11 12:01:00 -
[28] - Quote
Supply and demand.
No really, it is that simple.
GÇ£Any fool can criticize, condemn, and complain - and most fools do. GÇ¥ - Dale Carnegie
Maximze your Industry Potential! - Download EVE Isk per Hour! |
Salvos Rhoska
Pator Tech School Minmatar Republic
212
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Posted - 2014.03.11 12:04:00 -
[29] - Quote
I'll hazard an early prediction here, just for fun to see if I'm any good at this.
I expect PLEX to rise to just under 1Bil, culminating directly before the release of the paintjobs.
This is assuming CCP don't massively change the proposal/pricing, or withdraw it altogether, and not considering other as of yet unmentioned game development announcements/implementations on their part. |
Seven Koskanaiken
The Shadow Plague Fidelas Constans
970
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Posted - 2014.03.11 12:07:00 -
[30] - Quote
Knights Armament wrote:I just don't see the point in allowing plex prices to climb un-regulated, your average 2 month old character isn't going to spend 2.5 billion on a plex.
Well just pay with real money then.
Personally I never sub with plex. The TV License costs more then an Eve sub and TV is total shyte, so it's hard to justify not being able to pay for Eve. Spend the isk on fun things instead. |
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