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Khrillian
Minmatar
Sebiestor tribe
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Posted - 2009.03.07 08:44:00 -
[31]
 Originally by: Joss Sparq
I think what Cosmoray means is that CCP would be inclined to somehow nerf Market manipulation which drives the price of the PLEX up, thus while you won't get as much return on RL currency -> in-game ISK, Market demand is likely to increase due to lower prices and so more GTCs are then purchased from CCP to fuel the PLEX demand.
HIGHER, not lower, PLEX prices encourage people to purchase PLEXes on the eve-o website. It effectively lowers the USD price of ISK, and when the price of something drops you consume more of it.
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MinmatarCitizen100223041
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Posted - 2009.03.08 19:11:00 -
[32]
There will be an extra supply of them before you start seeing a spike.
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Vested Interest
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Posted - 2009.03.08 19:43:00 -
[33]
Subs will be reactivating at a vastly faster pace than the boxed copy sells so I don't see how an PLEX oversupply can happen here.
The box-supplied PLEXes will simply be a small trickle compared to the PLEX demand generated by a major feature upgrade.
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Raiven Parker
The Athiest Syndicate
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Posted - 2009.03.09 08:50:00 -
[34]
so if plex prices fall below 100 I guess Ill use all my isk to buy of all those bpo's/faction mods/ships and gear you guys are throwing at the market to afford those cheap plexes.
Seems everyone is forgetting that if all you guys do the same thing most likely the price will never fall.
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VicturusTeSaluto
Metafarmers
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Posted - 2009.03.09 11:07:00 -
[35]
Originally by: Khrillian
Originally by: cosmoray
If CCP makes more money with lower price PLEX's, CCP will nerf market manipulator's.
example.
They can set the amount you can buy in a set period (say 2 a month) per account.
CCP will protect their cash flow vs market manipulation
wat?
ccp wants you to buy as many plex as you can....
he was talking about speculation.
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Psi Draconis
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Posted - 2009.03.09 12:19:00 -
[36]
Edited by: Psi Draconis on 09/03/2009 12:24:23
Edited by: Psi Draconis on 09/03/2009 12:20:34
Originally by: Dyre
Epic Fail!
Seriously, this is the worst epic fail in the history of MD...
Do you seriously think that macro miners, macro ice harvesters, macro missioners, macro courier missioners who are farming ISK to ISK sellers are going to go into store and buy a boxed release?   
Who are the ones buying most of the PLEX's? ISK sellers. Period. They don't want to pay real money to keep their farming going. They are the reason why the game time is so expensive ISK wise.
And what caused this? New improved versions of various macro softwares and GUI wich is so easily used by macro softwares.
Untill CCP figures out what to do with ISK sellers and their massive fleet of mindless macro farmers the game time is and will be expensive.
EDIT: For example mission runner macro doing 40 M ISK a hour.. 23 hours a day makes 920 M ISK.. The farmer gets three months of play time for the macro character in single day... And ten of them of course are making 9.2 B ISK in a single day..
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Lord Fitz
Project Amargosa
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Posted - 2009.03.09 13:09:00 -
[37]
Originally by: Khrillian
Originally by: Joss Sparq
I think what Cosmoray means is that CCP would be inclined to somehow nerf Market manipulation which drives the price of the PLEX up, thus while you won't get as much return on RL currency -> in-game ISK, Market demand is likely to increase due to lower prices and so more GTCs are then purchased from CCP to fuel the PLEX demand.
HIGHER, not lower, PLEX prices encourage people to purchase PLEXes on the eve-o website. It effectively lowers the USD price of ISK, and when the price of something drops you consume more of it.
HIGHER means you need to buy less, it also means less people can afford the isk value, which means less sales.
"I need a new ship, time to buy a couple of PLEX, oh wait, I only need to buy one since they're worth so much now".
Quote:
Do you seriously think that macro miners, macro ice harvesters, macro missioners, macro courier missioners who are farming ISK to ISK sellers are going to go into store and buy a boxed release? Laughing Laughing Rolling Eyes ugh
Who are the ones buying most of the PLEX's? ISK sellers. Period. They don't want to pay real money to keep their farming going. They are the reason why the game time is so expensive ISK wise.
This is pretty much true, now I've seen mails coming from them trying to sell game time for cheaper than CCP, since they can now sell PLEX's instead of isk. Using the tool that was supposed to be used against them, for them.
There's no way PLEX's are going to hit 100m isk. The days of 90 days for 300m are gone, if they were back again me and everyone else would be buying up big which would end them. Down is the direction they're heading, with or without lots of players wanting to avoid the grind. Newer players are much much more likely to buy isk than sell it for gametime, their ingame time being worth less.
It's interesting to watch people who've taken positions on the market try and shore them up in threads with their comments though.
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Dariah Stardweller
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Posted - 2009.03.09 14:09:00 -
[38]
I would be expecting loads of reactivations and therefor higher plex prices.
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Clair Bear
Perkone
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Posted - 2009.03.09 21:11:00 -
[39]
Originally by: Dariah Stardweller
I would be expecting loads of reactivations and therefor higher plex prices.
Looks like plenty of people agree with you.
I accidentally all my spare PLEXes, but it's nice to see 311.5M bid and 323.8 ask on jita PLEXes even before downtime.
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Dyre
Minmatar
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Posted - 2009.03.09 21:28:00 -
[40]
Wow.
Looks like the market was waiting to absorb the influx more then I thought.
There are some seriously huge bulk buy orders out there now.
Quick question about the margin trading skill...
Say I moved a lil over 2bill to an alt with margin trading 5.
Then he placed a buy order for 30 plexes at 300mill each... 9bill total order, 2.16bill needed for escrow.
When the order executed, would it only sell the ones I had the escrow cash for, and then invalidate the order as soon as it tried to pull money out of my wallet and foud it empty?
Or would it complete the order and put my wallet massively negative?
Can a character with a negative wallet trade items in station?
I think you see where I'm going with this...
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Wadaya
Trailerpark Industries
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Posted - 2009.03.09 22:19:00 -
[41]
If you don't have the money to cover the order, the order just cancels.
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Joss Sparq
Caldari
Deep Core Mining Inc.
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Posted - 2009.03.09 22:37:00 -
[42]
Originally by: Lord Fitz
Originally by: Khrillian
Originally by: Joss Sparq
I think what Cosmoray means is that CCP would be inclined to somehow nerf Market manipulation which drives the price of the PLEX up, thus while you won't get as much return on RL currency -> in-game ISK, Market demand is likely to increase due to lower prices and so more GTCs are then purchased from CCP to fuel the PLEX demand.
HIGHER, not lower, PLEX prices encourage people to purchase PLEXes on the eve-o website. It effectively lowers the USD price of ISK, and when the price of something drops you consume more of it.
HIGHER means you need to buy less, it also means less people can afford the isk value, which means less sales.
"I need a new ship, time to buy a couple of PLEX, oh wait, I only need to buy one since they're worth so much now".
Yes, like this.
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Dyre
Minmatar
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Posted - 2009.03.09 23:01:00 -
[43]
/begin tinfoil hat
What keeps CCP from creating junk characters, typing in a nice large amount of isk in their wallet, and having them buy and trash PLEXes in bulk?
/end tinfoil hat
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Kifor Hellhund
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Posted - 2009.03.10 00:36:00 -
[44]
Originally by: Dyre
/begin tinfoil hat
What keeps CCP from creating junk characters, typing in a nice large amount of isk in their wallet, and having them buy and trash PLEXes in bulk?
/end tinfoil hat
One of the biggest draws of a MMO is its playerbase. If they did this they'd be killing off active subscriptions hurting their marketing prospects.
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Kwint Sommer
Caldari
XERCORE
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Posted - 2009.03.10 01:56:00 -
[45]
Originally by: Dyre
/begin tinfoil hat
What keeps CCP from creating junk characters, typing in a nice large amount of isk in their wallet, and having them buy and trash PLEXes in bulk?
/end tinfoil hat
They'd be hurting their player base which is at least bad in terms of decreasing the subscriber count they use for PR and they'd be causing inflation which is also a very poor idea.
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Clair Bear
Perkone
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Posted - 2009.03.10 17:35:00 -
[46]
Edited by: Clair Bear on 10/03/2009 17:35:20
And worse yet, they'd be nerfing their own PLEX sales. As shown above, when RL $ buys simply stupid amounts of ISK (which happens when you reduce the PLEX supply) people don't need to buy nearly as much RL $ worth to reach their ISK goals.
If anything I'd tinfoil suspect them placing PLEXes on the market to lower prices and encourage sales.
Oh, and I just sold the last of my non-spare PLEXes to qwjibo and other such garbage names who apparently didn't know the patch was coming and are now in a panic to fund their accounts. We're back to 340M and sprinting towards 400 again. Whee!
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LLM Raoul
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Posted - 2009.03.10 21:43:00 -
[47]
Haven't bothered to read the whole thread because I cba.
On a side-note, PLEXes or GTCs are a great way to finance your character(s) especially if you have a job, like I do. I wouldn't like them dropping too low. I think 250mil for a PLEX is as low as humanly possible for 17 euros spent on them.
Also, considering the fact that the OP is assuming that M10 players will simply burst in by the hundreds, I believe he/she requires a reality check. This is not such a popular game, I hate to break it to you.
Also I do not think CCP intends a lot of their players to stop paying money for their subscriptions.
Bottom line is M10 players or no M10 players the prices cannot go too low due to the fact that they require IRL money to exist. Unless they invent an M10 life (i.e. IRL) and afk mining and missioning IRL, I doubt people will spend their (hard) earned cash on buying game time for unemployed chaps.
I have nothing against unemployment but the price drop speculated by the OP is unrealistic as shown by the above points.
Fly safe.
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Dyre
Minmatar
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Posted - 2009.03.17 23:01:00 -
[48]
Wow.
I was not just wrong, I was DAMN wrong...
Kudos to all who ignored or berated me.
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Molarin
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Posted - 2009.03.18 15:31:00 -
[49]
This article seems to imply that the reason the Plex market crashed in the first place was due to some Russian rich guy buying about $100,000 worth of GTC.
http://www.tentonhammer.com/node/65475 |
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