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somanco	Posted - 2009.06.12 02:23:00 - [1] anione note that prices is out of control?? .. 450 mill for one plex? lol.. ppl are crazy.. cya soon..
Sandor Krejaa	Posted - 2009.06.12 02:27:00 - [2] pffft..supply and demand is what it is called..if someone is willing to pay 450 mil, then thats not out of control, thats the market adjusting. Its only worth 450 mil if someone will pay it. Besides, those occasional high prices are like the contract scams, get some 'gotta have it now' ******* on the hook who has more money than brains who will click nearly anything. There is a reason people keep doing contract scams..people pay the money..same goes with extra high PLEX prices popping up...people simply seeing if they can reel in a sucker.
Kewso	Posted - 2009.06.12 02:32:00 - [3] it's a bit nuts, and not all of it is supply and demand. It gets gamed a lot with gtc's, guy I knows places them for high price, buys with alts do that few times in the forums to give the illusion of higher demand then your 'mark' pops in the thread and buys at higher price since he's been duped.
Lady Aja Caldari Eradication Project	Posted - 2009.06.12 02:33:00 - [4] Edited by: Lady Aja on 12/06/2009 02:33:00 Isk farmers buy them at inflated prices the most. it takes them 2-3 days to farm that much isk... per account. then its 2 months of isk farming for profit.
Dirk Magnum Royal Hiigaran Navy SCUM.	Posted - 2009.06.12 02:33:00 - [5] If there weren't ISK farmers buying these the prices wouldn't be so high. The price will continue to go up almost indefinitely.
No Homo Gallente The Scope	Posted - 2009.06.12 02:35:00 - [6] CAPS LOCK OUT OF CONTROL? Find out at 10.
Jobby Minmatar UNITED STAR SYNDICATE	Posted - 2009.06.12 02:57:00 - [7] I blame the macroers. Get on the bandwagon, fire up a macro and go to work each day.
Vaneshi SnowCrash	Posted - 2009.06.12 03:06:00 - [8] The price seems to have increased dramatically since the PLEXing for FanFest announcment. I suspect the price will continue to rise until then after which it will slowly cycle back down to normal. Only to jump back about this time next year obviously.
SupaKudoRio	Posted - 2009.06.12 03:33:00 - [9] Originally by: Sandor Krejaa [. . .]'gotta have it now' ******* on the hook who has more money than brains who will click nearly anything. And people who rely on PLEX to keep playing.
Misanth RABBLE RABBLE RABBLE	Posted - 2009.06.12 03:42:00 - [10] Originally by: No Homo CAPS LOCK OUT OF CONTROL? Find out at 10.
ThaDollaGenerale The Illuminati. Pandemic Legion	Posted - 2009.06.12 04:20:00 - [11] Originally by: No Homo CAPS LOCK OUT OF CONTROL? Find out at 10. beat me to it
Neesa Corrinne Stimulus Rote Kapelle	Posted - 2009.06.12 04:22:00 - [12] There are a lot of things wrong with this game atm, but the player run economy is NOT one of them, so GTFO with your whining and go carebear harder.
Awesome Possum Insert Obscure Latin Name	Posted - 2009.06.12 04:25:00 - [13] Originally by: Vaneshi SnowCrash The price seems to have increased dramatically since the PLEXing for FanFest announcment. I suspect the price will continue to rise until then after which it will slowly cycle back down to normal. Only to jump back about this time next year obviously. Common sense? Not in MY eve!
Glyn Davish Common Address Redudancy Protocol	Posted - 2009.06.12 04:49:00 - [14] Look at the price history of the Plexes in your region over the last year and you'll generally see two important things. 1) Prices have been this high, or higher, before. 2) The prices went down after this previous spike. On another note, 450 million? Head to another region, buddy. You can still get them for less than 400.
Niccolado Starwalker Shadow Templars	Posted - 2009.06.12 05:01:00 - [15] Originally by: somanco anione note that prices is out of control?? .. 450 mill for one plex? lol.. ppl are crazy.. cya soon.. Then go buy them yourself for cash then! No need spending ISK on em at all! Originally by: Dianabolic Your tears are absolutely divine, like a fine fine wine, rolling down your cheeks until they flow down the river of LOL
Xessej	Posted - 2009.06.12 07:04:00 - [16] Originally by: Glyn Davish Look at the price history of the Plexes in your region over the last year and you'll generally see two important things. 1) Prices have been this high, or higher, before. 2) The prices went down after this previous spike. On another note, 450 million? Head to another region, buddy. You can still get them for less than 400. LOL. You, sir, fail the intarweb.
Kalintos Tyl Minmatar	Posted - 2009.06.12 07:27:00 - [17] imho they are underpriced still, 450mln for 30 day? 15 mil a day ? 2 lvl 3 missions ? 1 lvl 4 mission? Way too easy. 60D GTC - shattared link
Blane Xero Amarr The Firestorm Cartel	Posted - 2009.06.12 07:36:00 - [18] Originally by: Kalintos Tyl imho they are underpriced still, 450mln for 30 day? 15 mil a day ? 2 lvl 3 missions ? 1 lvl 4 mission? Way too easy. Not everyone plays all thirty days. Just saying.
Kalintos Tyl Minmatar	Posted - 2009.06.12 07:47:00 - [19] Originally by: Blane Xero Originally by: Kalintos Tyl imho they are underpriced still, 450mln for 30 day? 15 mil a day ? 2 lvl 3 missions ? 1 lvl 4 mission? Way too easy. Not everyone plays all thirty days. Just saying. then use your credit card, most ppl will use more $ in single night in pub i supouse.
Blane Xero Amarr The Firestorm Cartel	Posted - 2009.06.12 07:49:00 - [20] Originally by: Kalintos Tyl Originally by: Blane Xero Originally by: Kalintos Tyl imho they are underpriced still, 450mln for 30 day? 15 mil a day ? 2 lvl 3 missions ? 1 lvl 4 mission? Way too easy. Not everyone plays all thirty days. Just saying. then use your credit card, most ppl will use more $ in single night in pub i supouse. Not everyone has a credit/debit card. And some are not accepted by CCP; And then theres the problems people have with using paypal... I Could go on.
Tippia Raddick Explorations Intrepid Crossing	Posted - 2009.06.12 07:52:00 - [21] I smell market manipulation… …but wth – I like being manipulated. Maybe it's time to buy some GTCs.
Gnulpie Minmatar Miner Tech	Posted - 2009.06.12 07:52:00 - [22] "PLEX PRICES OUT OF CONTROL" When were prices ever not out of control? And who controlled the price then? And how?
Langoss	Posted - 2009.06.12 07:55:00 - [23] i hope a plex will be 10000 million and i will have a lot of isk!
Blane Xero Amarr The Firestorm Cartel	Posted - 2009.06.12 07:57:00 - [24] Originally by: Langoss i hope a plex will be 10000 million and i will have a lot of isk! Because people paying 10 billion is totally going to happen. [Protip; people making 400mill a day (25 days out of 30) are few and far between mate] ___________________________________________ Haruhiist since December 2008
Jobby Minmatar UNITED STAR SYNDICATE	Posted - 2009.06.12 09:27:00 - [25] Originally by: Lady Aja Edited by: Lady Aja on 12/06/2009 02:33:00 Isk farmers buy them at inflated prices the most. it takes them 2-3 days to farm that much isk... per account. then its 2 months of isk farming for profit. This ends the topic. Move along, please. What's so hard to understand about this?
Chainsaw Plankton IDLE GUNS IDLE EMPIRE	Posted - 2009.06.12 10:19:00 - [26] Originally by: Jobby Originally by: Lady Aja Edited by: Lady Aja on 12/06/2009 02:33:00 Isk farmers buy them at inflated prices the most. it takes them 2-3 days to farm that much isk... per account. then its 2 months of isk farming for profit. This ends the topic. Move along, please. What's so hard to understand about this? I have only been saying it since the first time I remember posting in a thread about gtc prices. cuz like 20mil/hour * 50 hrs/week = 1000mil/week * 4weeks/month = 4000mil/month. a 30d gtc is around 10% of that, and 20mil/hour is kinda a low estimate. but they seem to go for big items like cnrs. so 20mil/hour is probably about right. combine that with the "new" 60d gtc, and ****ty rl economy gtc prices are up and up!
LordSwift Caldari	Posted - 2009.06.12 10:45:00 - [27] This is why i dont pay with isk. I dont play enough or grind missions enough to make that sort of isk. I pay with Direct debit and sell one or two gtc's when i get paid. Always under to average price Join the brown Coats today!!!
Attrezzo Pox Amarr Fringe Financial and Industries	Posted - 2009.06.12 13:20:00 - [28] Edited by: Attrezzo Pox on 12/06/2009 13:23:10 Originally by: Dirk Magnum If there weren't ISK farmers buying these the prices wouldn't be so high. The price will continue to go up almost indefinitely. Shut up. If there weren't carebear nublets on the forums posts like this wouldn't be here. Originally by: Neesa Corrinne There are a lot of things wrong with this game atm, but the player run economy is NOT one of them, so GTFO with your whining and go carebear harder. EXACTLY!!! When will you carebears get it? How many effin' threads will there have to be before you finally realize people are buying fanfest tickets with PLEX. And any two-bit moron with a mouse clicker is buying up PLEX to ride the price up. I know I am! How do you think those jita traders make so much money??? Opportunities like this!!! Stop whining and carebear /forumtrashing and get over it. It's happened before. Go buy some PLEX and ride the price like everyone else, you'll find in a few weeks it's much harder to complain about the new crazy price because that'll be your pure profit. good gawd. ------------------------- PoX IS Eve!!! BOOM!!!
el Sabor	Posted - 2009.06.12 13:29:00 - [29] People are buying them so i'd say it's not a problem.
Sniper Wolf18 Gallente A Pretty Pony Princess General Tso's Alliance	Posted - 2009.06.12 13:31:00 - [30] Its easier to get a job, i assume you're still able to bear the sunlight outside of your basement? And to finish, thank you for reading my sig -------------------------------------------------- If you are still reading i would probably hav posted by now
Vaneshi SnowCrash	Posted - 2009.06.12 13:33:00 - [31] Originally by: Awesome Possum Originally by: Vaneshi SnowCrash The price seems to have increased dramatically since the PLEXing for FanFest announcment. I suspect the price will continue to rise until then after which it will slowly cycle back down to normal. Only to jump back about this time next year obviously. Common sense? Not in MY eve! Ohh sorry. erm.... NOES SKY FALLING. CAPS LOCK 1111!!!eleventy. That better?
Sir Muffoon Backdoor Enterprises	Posted - 2009.06.12 13:37:00 - [32] At this point I think the only people buying plexes are macro miners. Really, the prices are terrible. Back to subscriptions.
Benzaiten Reverse Caldari Shokei	Posted - 2009.06.12 13:40:00 - [33] Originally by: Sniper Wolf18 Its easier to get a job, i assume you're still able to bear the sunlight outside of your basement?
ShardowRhino Caldari Legion 0f The Damned	Posted - 2009.06.12 13:42:00 - [34] Originally by: Neesa Corrinne There are a lot of things wrong with this game atm, but the player run economy is NOT one of them, so GTFO with your whining and go carebear harder. dumbest statement of the year... cause there is nothing wrong with players selling stuff at cost or even below in massive numbers. Yes the prices for gtcs are skyrocketing. If GTCs were changed so that you could not resell them, it would probably do a lot for stabalizing prices. Of course there will be a breaking point for most players. Once that point is reached the only people buying gtcs will be an ultra small minority as well as macroers. Half a billion isk for 30days is obscene but unless you get rid of the macroers there will be "people" buying them. Eventually it will come down to macroers and I have no idea how much isk per 30days will become a breaking point. I'm sure 500mil will be where most actual players draw the line because getting that gtc is a full time job within a game. Once you get to the point where you are spending more time grinding for isk then actually doing something fun, its time to just walk away from the game. before some nub goes on about just paying for the game, when just our country alone is loosing 600k jobs a month, saying "get a job!" is kinda moronic. Now for those that are paying for their alt with plex cards, they will soon find little reason to bother with the alt once the gtcs exceed that alt's monthly income or at least 80% of it. Especially since we all know the prices for plex cards will continue to rise as there has been nothing to suggest the prices will ever drop.
Attrezzo Pox Amarr Fringe Financial and Industries	Posted - 2009.06.12 13:54:00 - [35] Originally by: ShardowRhino Originally by: Neesa Corrinne There are a lot of things wrong with this game atm, but the player run economy is NOT one of them, so GTFO with your whining and go carebear harder. dumbest statement of the year... cause there is nothing wrong with players selling stuff at cost or even below in massive numbers. Yes the prices for gtcs are skyrocketing. If GTCs were changed so that you could not resell them, it would probably do a lot for stabalizing prices. Of course there will be a breaking point for most players. Once that point is reached the only people buying gtcs will be an ultra small minority as well as macroers. Half a billion isk for 30days is obscene but unless you get rid of the macroers there will be "people" buying them. Eventually it will come down to macroers and I have no idea how much isk per 30days will become a breaking point. I'm sure 500mil will be where most actual players draw the line because getting that gtc is a full time job within a game. Once you get to the point where you are spending more time grinding for isk then actually doing something fun, its time to just walk away from the game. before some nub goes on about just paying for the game, when just our country alone is loosing 600k jobs a month, saying "get a job!" is kinda moronic. Now for those that are paying for their alt with plex cards, they will soon find little reason to bother with the alt once the gtcs exceed that alt's monthly income or at least 80% of it. Especially since we all know the prices for plex cards will continue to rise as there has been nothing to suggest the prices will ever drop. Can I have your alt's stuff? Do you read dev blogs? Fanfest. PLEX for fanfest. Any of that ring a bell. If not go do some research. In case you actually read this. Think.... The prices went nuts RIGHT AFTER the PLEX for fanfest announcement. Traders bought up the plexes at this point, driving the price up. Then more traders bought in, including me, driving the price up more. And now we have a speculation running. It's very likely that at some yet unknown time in the future PLEX prices will dramatically drop. Jump on the bandwagon and enjoy. I've made 500mil isk in the last two days doing ABSOLUTELY NOTHING and it keep getting bigger.
aDore Him	Posted - 2009.06.12 14:00:00 - [36] 450 Mil isn't much. In my opinion it's a joke. If you don't have time to farm/trade whatever that: 1.: You work and shouldn't have a problem to pay with real money. 2.: Your lazy for missioning, trading and so on, you basically want to play for free. 3.: YouÆre a student that has a hard time learning and should be gratefull not being able to waste time. If I with my 3 Week old Char could make over 25 Millions from level 2's in a single day, now with lvl 3's allready way more, I'm sure a 1-2 Year old char doing lvl 4's shouldn't have the least problems with it (that lvl 2 day was a long day ;)). Actually it's a great service that it is even possible to buy gametime with ingame money. The game offers it's more hardcore crowd to play for free, thatÆs a service, not something you should dare to demand. Btw: There are Gametimecards, no Credit Cards, Paypal or whatever needed. Btw2: I pay for my Gametime and probably never will buy a Plex (except for trading)... Unless i'm somehow getting rich.
ShardowRhino Caldari Legion 0f The Damned	Posted - 2009.06.12 14:07:00 - [37] Originally by: Attrezzo Pox Originally by: ShardowRhino Originally by: Neesa Corrinne There are a lot of things wrong with this game atm, but the player run economy is NOT one of them, so GTFO with your whining and go carebear harder. dumbest statement of the year... cause there is nothing wrong with players selling stuff at cost or even below in massive numbers. Yes the prices for gtcs are skyrocketing. If GTCs were changed so that you could not resell them, it would probably do a lot for stabalizing prices. Of course there will be a breaking point for most players. Once that point is reached the only people buying gtcs will be an ultra small minority as well as macroers. Half a billion isk for 30days is obscene but unless you get rid of the macroers there will be "people" buying them. Eventually it will come down to macroers and I have no idea how much isk per 30days will become a breaking point. I'm sure 500mil will be where most actual players draw the line because getting that gtc is a full time job within a game. Once you get to the point where you are spending more time grinding for isk then actually doing something fun, its time to just walk away from the game. before some nub goes on about just paying for the game, when just our country alone is loosing 600k jobs a month, saying "get a job!" is kinda moronic. Now for those that are paying for their alt with plex cards, they will soon find little reason to bother with the alt once the gtcs exceed that alt's monthly income or at least 80% of it. Especially since we all know the prices for plex cards will continue to rise as there has been nothing to suggest the prices will ever drop. Can I have your alt's stuff? Do you read dev blogs? Fanfest. PLEX for fanfest. Any of that ring a bell. If not go do some research. In case you actually read this. Think.... The prices went nuts RIGHT AFTER the PLEX for fanfest announcement. Traders bought up the plexes at this point, driving the price up. Then more traders bought in, including me, driving the price up more. And now we have a speculation running. It's very likely that at some yet unknown time in the future PLEX prices will dramatically drop. Jump on the bandwagon and enjoy. I've made 500mil isk in the last two days doing ABSOLUTELY NOTHING and it keep getting bigger. really no reason to read your entire post there. yeah who hasnt heard about the plex for fanfest bit. I seriously doubt the prices are going to drop as the result of everyone getting fanfest tickets. Maybe you should have looked at the record of GTCs and plexcards over the past year and a half. The idea that once everyone has their tickets that the prices are going to drop is bordering outlandish. prices have been climbing steadily before and will continue to climb. I doubt that there will be a noticable dip once everyone has tickets. Either way the prices of a gtc is still going to climb,fanfest or no fanfest. Think for half a second. 90days of game time used to go for 400mil,even less. Yet before the fanfair announcement regarding plexcards people were paying 300+mil for 30days. all fanfest has done is accelerate things. Its unlikely that gtcs would have simply leveled off at 300mil and stayed there permanently. as for the comment on my alts stuff, is that your mandatory attempt to look hip?
Blane Xero Amarr The Firestorm Cartel	Posted - 2009.06.12 14:09:00 - [38] Originally by: aDore Him 3.: YouÆre a student that has a hard time learning and should be gratefull not being able to waste time. I find this mildly offensive because it insinuates all Students have a "Hard time learning" and thats because they / we waste time playing a game. You're basically labeling all students as care-free good for nothing drifters / scroungers who want to do everything at no cost to them. ___________________________________________ Haruhiist since December 2008
Nel Tu Minmatar Thurisaz Robotics Corporation	Posted - 2009.06.12 14:15:00 - [39] Edited by: Nel Tu on 12/06/2009 14:16:24 I and two of my buddies can make 700m in all of two hours in WH space, let alone if we spent a good chunk (7-8 hours?) inside there. Prolly come out billionaires. This does not concern me. (mostly because I have that job thing and pay via subscription) ============== Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.
Attrezzo Pox Amarr Fringe Financial and Industries	Posted - 2009.06.12 14:39:00 - [40] Originally by: ShardowRhino really no reason to read your entire post there. yeah who hasnt heard about the plex for fanfest bit. I seriously doubt the prices are going to drop as the result of everyone getting fanfest tickets. Maybe you should have looked at the record of GTCs and plexcards over the past year and a half. The idea that once everyone has their tickets that the prices are going to drop is bordering outlandish. prices have been climbing steadily before and will continue to climb. I doubt that there will be a noticable dip once everyone has tickets. Either way the prices of a gtc is still going to climb,fanfest or no fanfest. Think for half a second. 90days of game time used to go for 400mil,even less. Yet before the fanfair announcement regarding plexcards people were paying 300+mil for 30days. all fanfest has done is accelerate things. Its unlikely that gtcs would have simply leveled off at 300mil and stayed there permanently. as for the comment on my alts stuff, is that your mandatory attempt to look hip? No, I really was hoping you'd /cryquit and give me his/her stuff. It's happened before. And about the other stuff, all I hear is "whine whine whine the times are changing and I can't cope". Go see the eve psychiatrist. If you're so against isk farmers this change should make you happy as paying for another month of time is ever-so-slightly cutting into their profits. More importantly though it's directly competing with isk prices of illegal isk sellers. We can only hope one day it's not profitable, but for that to happen, slave labourers would have to be freed in china and pigs will fly out of our missle launchers. Plex prices have been this high before and gone down. Also, I don't think buying plexes to go to fanfest will make prices go down, they'll make them go up! It's the fall out of speculation that will make them go down (if that ever happens). The idea is that at some point you cut out enough of the buyers' market by pushing prices up you're left too much to sell and no one rich enough to buy. That's bils of isk you've got wrapped up in PLEX btw. So you sell trying to liquidate and move that money somewhere else and drop your price a bit. Then everyone else starts selling because the price starts to drop. Overall, yes the trend will be an upward trend. Why? Inflation. Back six years ago when I started this game 100mil isk was what a bil isk is to us now. Inflation. Eventually, half a bil will be just another mission grind. C'est la vie. This is the way of the market, take an economics class.
Qwyp	Posted - 2009.06.12 16:21:00 - [41] Originally by: Kewso it's a bit nuts, and not all of it is supply and demand. It gets gamed a lot with gtc's, guy I knows places them for high price, buys with alts do that few times in the forums to give the illusion of higher demand then your 'mark' pops in the thread and buys at higher price since he's been duped. That happens the majority of time to help inflate prices on the forums, I know a few that do the same thing on the forum to inflate the price.
Anubis Xian Reavers	Posted - 2009.06.12 16:51:00 - [42] They were never under control to begin with. Originally by: CCP Oveur The client handles no logic, it is simply a dumb terminal. The AB/OD Fix
Doctor Penguin Amarr Heavy Influence Aggression.	Posted - 2009.06.12 17:11:00 - [43] Edited by: Doctor Penguin on 12/06/2009 17:12:20 TBH, people should stop buying rl GTCs for the moment and wait for the prices to get to 1bn per GTC, which will probably happen before the end of the summer. To put it simply, the price will continue to rise until the demand is low enough for further price hikes to be detrimental. This is because the demand for GTCs is very inelastic. It's the alt-crowd, really. People want to keep alts active so they can continue to train or PVP with them, so they create ISK making alts to fund that. Once it becomes the case that an ISK making alt cannot afford 1 GTC every 30 days...
Snake O'Donell Gallente Dark-Rising	Posted - 2009.06.12 17:20:00 - [44] Am I the only one who sees something good coming out of this? If GTC's reach around 1bil it will severely cut into the ISK farmer/RMT problem. If people can get the same amount of ISK legit for maybe slightly more than what the ISK farmers sell for, they will lose money and start going somewhere else.
Attrezzo Pox Amarr Fringe Financial and Industries	Posted - 2009.06.12 17:48:00 - [45] Originally by: Snake O'Donell Am I the only one who sees something good coming out of this? If GTC's reach around 1bil it will severely cut into the ISK farmer/RMT problem. If people can get the same amount of ISK legit for maybe slightly more than what the ISK farmers sell for, they will lose money and start going somewhere else. I see the good. Exactly what you see. But isk farmers/sellers won't be hurt too bad because they employ slaves. So their profit margin is just about 100%. Though a higher GTC price will surely be a good thing. Also, as it's hurting isk farmers, it'll also hurt alts. ------------------------- PoX IS Eve!!! BOOM!!!
Snake O'Donell Gallente Dark-Rising	Posted - 2009.06.12 17:59:00 - [46] Originally by: Attrezzo Pox Originally by: Snake O'Donell Am I the only one who sees something good coming out of this? If GTC's reach around 1bil it will severely cut into the ISK farmer/RMT problem. If people can get the same amount of ISK legit for maybe slightly more than what the ISK farmers sell for, they will lose money and start going somewhere else. I see the good. Exactly what you see. But isk farmers/sellers won't be hurt too bad because they employ slaves. So their profit margin is just about 100%. Though a higher GTC price will surely be a good thing. Also, as it's hurting isk farmers, it'll also hurt alts. Hurting alts ins't necessarily a good thing. Metagaming is a large part of eve. As far as the ISK farmers, if they cannot make a large profit margin, they are going to get out of the game. If they are paying 500mil a month for each account, and say 2 or 3 of their accounts get banned each month, that is a 1.5 bil loss each month that needs recouped.
Anos Tammo	Posted - 2009.06.12 18:38:00 - [47] Remembers the sweet sweet days when you could buy a 90 day GTC for 300-450m. Guess those days will never come again, particulary as well due to CCP pulling the 90 day GTC's off the market.
Clair Bear Perkone	Posted - 2009.06.12 18:51:00 - [48] Edited by: Clair Bear on 12/06/2009 18:52:15 GTC prices are firmly under control. Just not YOUR control. Spirals are natural in the GTC market. The higher the ISK cost of a GTC the fewer of them need to be sold to reach ISK objectives. The fewer get sold the higher they go. People who fund accounts with ISK are typically making a very good return on that investment. 1B for a 30 day PLEX is when I'd start looking at pruning alts. We're still a long way away from that.
Kewso	Posted - 2009.06.12 19:04:00 - [49] there's a lot of manipulation involved, more so than supply and demand.
Argent Lansing	Posted - 2009.06.12 20:32:00 - [50] Originally by: somanco anione note that prices is out of control?? .. 450 mill for one plex? lol.. ppl are crazy.. cya soon.. The value of a PLEX is fixed. Therefore what is changing is the value of each isk is going down. This is classic inflation. What you should be complaining about is the lack of crackdown on isk farmers and the need for CCP to create more isk sinks to remove isk from the game as fast as it is created. http://en.wikipedia.org/wiki/Inflation Quote: "Economists generally agree that high rates of inflation and hyperinflation are caused by an excessive growth of the money supply."
Iridescent Moon Caldari Iridescent Dawn	Posted - 2009.06.12 20:55:00 - [51] Quoting myself from another thread to save typing. http://eve-search.com/thread/1074632/page/3#63 Quote: Someone has been doing another round of price manipulation. With a fat wallet it is easy to do. Apocrypha was launched on the 10th so +/- 4 days is the best time to manipulate, old players coming back for M10 and current players starting alts. RMT accounts will always fund using ISK and they are the last buyers that would stop buying PLEX so high prices would not stop them from buying. That gives you a baseline of buyers for overpirced PLEX. Kazzac Elentria got lucky with his timing on his manipulation. Just after pushing the price up and as prices were about to crash CCP announced the PLEX for Fan Fest program. While the number of players doing this would be fairly small, many players would think that lots of PLEX would go to that. Therefor they would think that there would be a larger push for PLEX and jump in the market to make ISK. This reenforces the price manipulation. Several other things kick in as well but make up a smaller part of the big picture. PLEX are set for a heavy crash because too many people are trying to ride the manupilation. When it will happen though I can not guess. You can see by the 2 posts above me that the price point has been reached by players who consume PLEX. Once they stop buying... Multiple people in this thread have posted everyone should hop in the PLEX market and ride the wave too oodles of ISK. You have one of 2 things going on with that. Ether you have one player trying to manipulate others into pushing PLEX up or you have many players doing the same. Ether way, every wave breaks on a beach. Someone will be left holding the bag when the market crashes. It's getting close too. As to the PLEX for fanfest... 5 PLEX per ticket, 12 for the Spouse ticket. Not everyone going is going to use PLEX. There is a limited number of people that will be going. It is in Iceland, not the cheapest of places to get too. You can check Jita's PLEX sales yourself. I remember one weekend having about 820 PLEX moved. 820*5=164 fanfest tickets or 68 spouse tickets. That is from one days worth of volume. Being generous a weeks worth of sales would more then cover all of the PLEX needed for fanfest tickets, I might add that we have not even counted the PLEX sold outside if Jita. Fanfest for PLEX is just the motivator for all the profiteers to try and ride the bubble. Prices will go down. All that has to happen is for one of the people holding a lot of PLEX to decide to dump and it will crash and crash hard.
KaarBaak Minmatar Squirrel Team	Posted - 2009.06.12 21:02:00 - [52] Originally by: Argent Lansing Originally by: somanco anione note that prices is out of control?? .. 450 mill for one plex? lol.. ppl are crazy.. cya soon.. The value of a PLEX is fixed. Therefore what is changing is the value of each isk is going down. This is classic inflation. What you should be complaining about is the lack of crackdown on isk farmers and the need for CCP to create more isk sinks to remove isk from the game as fast as it is created. http://en.wikipedia.org/wiki/Inflation Quote: "Economists generally agree that high rates of inflation and hyperinflation are caused by an excessive growth of the money supply." The only way I'd buy that argument is if there were a similar market-wide increase in prices for all items in game. Where the PLEX price increase appears isolated, I'd say the pressure is coming from the opposite direction: demand and speculation.
Argent Lansing	Posted - 2009.06.12 21:07:00 - [53] Originally by: KaarBaak Originally by: Argent Lansing Originally by: somanco anione note that prices is out of control?? .. 450 mill for one plex? lol.. ppl are crazy.. cya soon.. The value of a PLEX is fixed. Therefore what is changing is the value of each isk is going down. This is classic inflation. What you should be complaining about is the lack of crackdown on isk farmers and the need for CCP to create more isk sinks to remove isk from the game as fast as it is created. http://en.wikipedia.org/wiki/Inflation Quote: "Economists generally agree that high rates of inflation and hyperinflation are caused by an excessive growth of the money supply." The only way I'd buy that argument is if there were a similar market-wide increase in prices for all items in game. Where the PLEX price increase appears isolated, I'd say the pressure is coming from the opposite direction: demand and speculation. My first statement explains this. The value of PLEX is fixed because its tied to real world dollars. Other items in-game are generated by users on demand with no real world value. Other items in game don't inflate in price as much because their quantity grows with the money supply. Ore supply is infinite, just like isk, so if you increase the supply of ore ten-fold while also increasing the supply of isk ten-fold, the price of ore wont change much. However if you increase the supply of isk ten-fold while PLEX supplies are always limited by people buying them, their isk price will inflate. Likewise if ore was limited because everyone stopped mining it, its price would inflate when isk was created.
Ivan Sable The One Upsmanship Club	Posted - 2009.06.13 05:12:00 - [54] Buying real things with pretend money vs. buying pretend things with real money vs. buying real things with real money vs. buying pretend things with pretend money. Discuss...
Blane Xero Amarr The Firestorm Cartel	Posted - 2009.06.13 05:15:00 - [55] Originally by: Argent Lansing Originally by: KaarBaak Originally by: Argent Lansing Originally by: somanco anione note that prices is out of control?? .. 450 mill for one plex? lol.. ppl are crazy.. cya soon.. The value of a PLEX is fixed. Therefore what is changing is the value of each isk is going down. This is classic inflation. What you should be complaining about is the lack of crackdown on isk farmers and the need for CCP to create more isk sinks to remove isk from the game as fast as it is created. http://en.wikipedia.org/wiki/Inflation Quote: "Economists generally agree that high rates of inflation and hyperinflation are caused by an excessive growth of the money supply." The only way I'd buy that argument is if there were a similar market-wide increase in prices for all items in game. Where the PLEX price increase appears isolated, I'd say the pressure is coming from the opposite direction: demand and speculation. My first statement explains this. The value of PLEX is fixed because its tied to real world dollars. Other items in-game are generated by users on demand with no real world value. Other items in game don't inflate in price as much because their quantity grows with the money supply. Ore supply is infinite, just like isk, so if you increase the supply of ore ten-fold while also increasing the supply of isk ten-fold, the price of ore wont change much. However if you increase the supply of isk ten-fold while PLEX supplies are always limited by people buying them, their isk price will inflate. Likewise if ore was limited because everyone stopped mining it, its price would inflate when isk was created. Its not inflation. Its Fanfest for Plex and a group of people buying up all the plex and reselling at marked up prices as soon as the lower priced ones sell out. Get a clue before trying to teach others about something irrelevant to the topic. ___________________________________________ Haruhiist since December 2008
Malcanis Vanishing Point. The Initiative.	Posted - 2009.06.13 06:19:00 - [56] Originally by: ShardowRhino Originally by: Neesa Corrinne There are a lot of things wrong with this game atm, but the player run economy is NOT one of them, so GTFO with your whining and go carebear harder. dumbest statement of the year... cause there is nothing wrong with players selling stuff at cost or even below in massive numbers. Yes the prices for gtcs are skyrocketing. If GTCs were changed so that you could not resell them, it would probably do a lot for stabalizing prices. Of course there will be a breaking point for most players. Once that point is reached the only people buying gtcs will be an ultra small minority as well as macroers. Half a billion isk for 30days is obscene but unless you get rid of the macroers there will be "people" buying them. Eventually it will come down to macroers and I have no idea how much isk per 30days will become a breaking point. I'm sure 500mil will be where most actual players draw the line because getting that gtc is a full time job within a game. Once you get to the point where you are spending more time grinding for isk then actually doing something fun, its time to just walk away from the game. before some nub goes on about just paying for the game, when just our country alone is loosing 600k jobs a month, saying "get a job!" is kinda moronic. Now for those that are paying for their alt with plex cards, they will soon find little reason to bother with the alt once the gtcs exceed that alt's monthly income or at least 80% of it. Especially since we all know the prices for plex cards will continue to rise as there has been nothing to suggest the prices will ever drop. So when your country alone is loosing 600k jobs a month, you're surprised that the ISK is falling relative to RL currency. And bluntly, you can grind much more than 500M a month. You can do it in 2 days running level 4s. Yeah it's dull and time consuming, but one resource the unemployed have in plenty is free time with nothing much to do. Let's pretend for a moment that there are no macro/sweatshop farmers at all. +600k unemployed/month = lower numbers of people with ú/$/E to spend on GTC to sell for ISK. Supply falls. +600k unemployed/month = higher numbers of people with time to convert into ISK, who need GTC to play. Now when the supply is lower and the demand is higher, what can change we expect the of ISK price of GTC? How people remain stubbornly impervious to this utterly obvious fact baffles me. What's not to understand?
northwesten Amarr Trinity Corporate Services Novus Ordo Mundi	Posted - 2009.06.13 06:35:00 - [57] Edited by: northwesten on 13/06/2009 06:37:17 Originally by: Sniper Wolf18 Its easier to get a job, i assume you're still able to bear the sunlight outside of your basement? /me nocks on your head! hello anyone there? no jobs not easy to find! It's freaking hard! so stop talking BS Taken me 9 months to get a perm job sadly US has a weird way telling people your over Qualified for a job Or just not enough jobs! Originally by: Nel Tu Edited by: Nel Tu on 12/06/2009 14:16:24 I and two of my buddies can make 700m in all of two hours in WH space, I think this just BS as well!
REQUIN TIRAN	Posted - 2009.06.13 06:56:00 - [58] Looks like since you can pay the fanfest tickets with PLEX the price go up, hope don¦t last forever at these prices, is insane! i can¦t be able to play with that price
Bloody Rabbit	Posted - 2009.06.13 08:22:00 - [59] Originally by: northwesten /me nocks on your head! hello anyone there? no jobs not easy to find! It's freaking hard! so stop talking BS Taken me 9 months to get a perm job sadly US has a weird way telling people your over Qualified for a job Or just not enough jobs! And here I just got a signing bonus, maybe you should have studied harder in school or got better degrees
Dariah Stardweller	Posted - 2009.06.13 08:28:00 - [60] Originally by: Argent Lansing Originally by: somanco anione note that prices is out of control?? .. 450 mill for one plex? lol.. ppl are crazy.. cya soon.. The value of a PLEX is fixed. Therefore what is changing is the value of each isk is going down. This is classic inflation. What you should be complaining about is the lack of crackdown on isk farmers and the need for CCP to create more isk sinks to remove isk from the game as fast as it is created. http://en.wikipedia.org/wiki/Inflation Quote: "Economists generally agree that high rates of inflation and hyperinflation are caused by an excessive growth of the money supply." You seem to be the only one in this thread that actually has a clue. If anything, ppl should be surprised at how LOW the PLEX prices are, that goes for a lot of other ingame stuff as well btw. OH, and since we all know CCP does not act against isk farmers/bots, expect things to get worse, way, waaaaaaaaaaaay worse
Cat o'Ninetails Rancer Defence League	Posted - 2009.06.13 09:25:00 - [61] lucky i bought some last week and now can hop on this high price bandwagon lol im rich im rich \o/
Kasshim Omega Strike Force	Posted - 2009.06.13 09:30:00 - [62] The rising prices just looks to me like ccp is trying to compete with the isk sellers by getting people to buy from them instead. Getting more value for your money with GTC's instead of buying from those damn isk sellers. It's a conspiracy I tell ye!
Dariah Stardweller	Posted - 2009.06.13 11:00:00 - [63] Originally by: Kasshim The rising prices just looks to me like ccp is trying to compete with the isk sellers by getting people to buy from them instead. Getting more value for your money with GTC's instead of buying from those damn isk sellers. It's a conspiracy I tell ye! Unless CCP is actively buying and selling ingame PLEX or GTC's on the forum this is rubbish...
Newsflash Gallente NorthUnited	Posted - 2009.06.13 11:16:00 - [64] Originally by: Attrezzo Pox Originally by: ShardowRhino really no reason to read your entire post there. yeah who hasnt heard about the plex for fanfest bit. I seriously doubt the prices are going to drop as the result of everyone getting fanfest tickets. Maybe you should have looked at the record of GTCs and plexcards over the past year and a half. The idea that once everyone has their tickets that the prices are going to drop is bordering outlandish. prices have been climbing steadily before and will continue to climb. I doubt that there will be a noticable dip once everyone has tickets. Either way the prices of a gtc is still going to climb,fanfest or no fanfest. Think for half a second. 90days of game time used to go for 400mil,even less. Yet before the fanfair announcement regarding plexcards people were paying 300+mil for 30days. all fanfest has done is accelerate things. Its unlikely that gtcs would have simply leveled off at 300mil and stayed there permanently. as for the comment on my alts stuff, is that your mandatory attempt to look hip? No, I really was hoping you'd /cryquit and give me his/her stuff. It's happened before. And about the other stuff, all I hear is "whine whine whine the times are changing and I can't cope". Go see the eve psychiatrist. If you're so against isk farmers this change should make you happy as paying for another month of time is ever-so-slightly cutting into their profits. More importantly though it's directly competing with isk prices of illegal isk sellers. We can only hope one day it's not profitable, but for that to happen, slave labourers would have to be freed in china and pigs will fly out of our missle launchers. Plex prices have been this high before and gone down. Also, I don't think buying plexes to go to fanfest will make prices go down, they'll make them go up! It's the fall out of speculation that will make them go down (if that ever happens). The idea is that at some point you cut out enough of the buyers' market by pushing prices up you're left too much to sell and no one rich enough to buy. That's bils of isk you've got wrapped up in PLEX btw. So you sell trying to liquidate and move that money somewhere else and drop your price a bit. Then everyone else starts selling because the price starts to drop. Overall, yes the trend will be an upward trend. Why? Inflation. Back six years ago when I started this game 100mil isk was what a bil isk is to us now. Inflation. Eventually, half a bil will be just another mission grind. C'est la vie. This is the way of the market, take an economics class. why should anyone give his stuff to *****? gtc and plexes are hugely overpriced atm. im thinking its time for me to stop playing as with all the ** going on in world im now unemployed and still dont really have time to grind iskies to pay subscription and actually have fun in game. no. i dont give my stuff to anyone. 0/
Kerfira	Posted - 2009.06.13 14:25:00 - [65] It is quite strange to see so many people in this thread feeling that they're ENTITLED to play EVE without paying real money for it. Talk about having a warped sense of reality... Basically, you can either: A. Play EVE B. Not play EVE If you choose A, you can either: A. Pay by RL money B. Pay by working for another player If you choose A, your price will wary when/if CCP changes their price structure, or as currency fluctuations change what you pay in your local currency, but will otherwise be stable. If you choose B, then we have a very simple supply/demand situation: A. If less people want PLEX than there are people wanting to sell them, prices drop. B. If more people want PLEX than there are people wanting to sell them, prices rise. It's not really rocket science.... (FYI, we're in situation B right now) Especially in the current recession.... It is not surprising that less people want to sell PLEX and more people want to buy them. By that fact, it is also not surprising that prices are going up. They'll continue to go up or down as supply/demand dictates. So no... Prices are actually NOT out of control. They're in fact under very strict control by the players who choose to sell and buy PLEX. To the people whining over high prices.... Remember that CCP is handling this in the most neutral way possible. They're simply saying: "As long as we get paid, we don't care where the money comes from as long as ISK-for-money trade goes on" They're even providing a facility for you to easily buy game-time from other players (via PLEX). Essentially, your whine goes: "Wha! Wha! CCP won't give us gametime for free! Not fair!" (add a few more 'Wha!'s.... depending on the amount of caps used in the whine....) To the ones blaming speculation, this is most likely not the case. Unless there are a very few people in a market speculation, or if they're all working together to fix prices, speculation will only have the effect of smoothing price fluctuations. Speculators buy when prices are low, thus increasing demand and driving prices up. They sell when prices are high, thus increasing supply and driving prices down. The current price increases are most likely caused solely because less people want to sell, and more want to buy PLEX. Nothing to do about it..... Originally by: CCP Wrangler EVE isn't designed to just look like a cold, dark and harsh world, it's designed to be a cold, dark and harsh world.
Kerfira	Posted - 2009.06.13 14:29:00 - [66] Edited by: Kerfira on 13/06/2009 14:30:02 Originally by: Newsflash gtc and plexes are hugely overpriced atm. To you they might seem overpriced, but to the general EVE population, they're not. If they WERE overpriced, people would not buy them and prices would drop. Your opinion is thus only a minority opinion.... Originally by: Newsflash im thinking its time for me to stop playing as with all the ** going on in world im now unemployed and still dont really have time to grind iskies to pay subscription and actually have fun in game. no. i dont give my stuff to anyone. 0/ If you stop buying PLEX, you'll be helping your fellow whiners by doing your bit to make PLEX prices drop. I'm sure they'll appreciate it Originally by:** CCP Wrangler EVE isn't designed to just look like a cold, dark and harsh world, it's designed to be a cold, dark and harsh world.
KaarBaak Minmatar Squirrel Team	Posted - 2009.06.13 14:57:00 - [67] It seems pretty straight-forward. The 'PLEX for fanfare tix' announcement was made on/about 20 May, 2009. Now look at the graph of PLEX prices. I see the current upward trend beginning on/about <gasp!> 20 May, 2009. I'm not sure how this is not obvious. KB
Malcanis Vanishing Point. The Initiative.	Posted - 2009.06.13 15:22:00 - [68] Originally by: KaarBaak It seems pretty straight-forward. The 'PLEX for fanfare tix' announcement was made on/about 20 May, 2009. Now look at the graph of PLEX prices. I see the current upward trend beginning on/about <gasp!> 20 May, 2009. I'm not sure how this is not obvious. KB So wait you're saying that an increase in demand has caused an increase in prices?
Gamer4liff Caldari Metalworks THE INTERSTELLAR FOUNDRY	Posted - 2009.06.13 15:30:00 - [69] Quote this if you can remember getting 90 days for 300m. :( ----------- Originally by: CCP Whisper Deal with it.
Malcanis Vanishing Point. The Initiative.	Posted - 2009.06.13 15:37:00 - [70] Originally by: Gamer4liff Quote this if you can remember getting 90 days for 300m. :( I remember only getting one Hulk for 600M too - what's your point?
Blane Xero Amarr The Firestorm Cartel	Posted - 2009.06.13 15:46:00 - [71] Originally by: Gamer4liff Quote this if you can remember getting 90 days for 300m. :( Quoting this ___________________________________________ Haruhiist since December 2008
Roy Batty68 Caldari Immortal Dead	Posted - 2009.06.13 16:09:00 - [72] Originally by: Gamer4liff Quote this if you can remember getting 90 days for 300m. :( I remember those. Bought quite a few around the 340 mark. Now they're what? 1.2 bil for equivalent? It's all about ease of isk generation and what's comfortable for each player. I think us casual players got left behind loooooong ago when it comes to gtc. At least those of us who don't know Jedi Market-Fu. I've long ago stopped caring. About the only thing interesting left in this topic is all the speculation about what drives the price up. They make it sound like it's going to come down at some point. Ha! Wishful thinking imo.
Lady Aja Caldari Eradication Project	Posted - 2009.06.13 16:49:00 - [73] Originally by: Kasshim The rising prices just looks to me like ccp is trying to compete with the isk sellers by getting people to buy from them instead. Getting more value for your money with GTC's instead of buying from those damn isk sellers. It's a conspiracy I tell ye! still to a noob 2b isk for 43 bucks off a isk seller is highly tempting if they dont know any better!!
Lady Aja Caldari Eradication Project	Posted - 2009.06.13 16:51:00 - [74] Originally by: Gamer4liff Quote this if you can remember getting 90 days for 300m. :( try 270m isk for 90 days and 90m for 30 days...
Kephael Caldari Cursed Souls Vort3x.	Posted - 2009.06.13 16:52:00 - [75] Look at who is buying the gtcs in the timecode section, there's tons of RMTers. CCP need to prevent people from sending gtcs to these players.
Iridescent Moon Caldari Iridescent Dawn	Posted - 2009.06.13 18:34:00 - [76] Originally by: Kerfira To the ones blaming speculation, this is most likely not the case. Unless there are a very few people in a market speculation, or if they're all working together to fix prices, speculation will only have the effect of smoothing price fluctuations. Speculators buy when prices are low, thus increasing demand and driving prices up. They sell when prices are high, thus increasing supply and driving prices down. The current price increases are most likely caused solely because less people want to sell, and more want to buy PLEX. Nothing to do about it..... I bolded the importnat part. You say "most likely". I am willing to say is. If you look at the market graph in Jita for PLEX you see a manipulation starting about a month ago. Then prices fall. When CCP announced the PLEX for FanFest deal the price shot up. As stated in my previous post the numbers of PLEX that will be consumed by PLEX for FanFest is fairly small when looking at the broader PLEX market. What really happened is that speculators heard about FanFest and thought it would be a good time to get in on PLEX and resell later with the assumed impending boost from the expected PLEX usage increase. Let me stated this clearly. The Price increase since May 20th has been do to *SPECULATION* not do to consumption. THis is clearly demonstrated in this thread. You see 2 types of posts... Speculation: "I have invested in PLEX, you should too." Less Demand: "PLEX are to expensive, I have/will stop using PLEX for my account(s)" I can't wait for the crash, it will be fun to watch.
Kewso	Posted - 2009.06.13 18:56:00 - [77] Edited by: Kewso on 13/06/2009 18:57:12 they are overpriced due to gaming of them. I know few that will post offers on forum at higher prices, but use alts to post buys for them repeatedly all day long which gives the appearance of people actually paying the higher prices but in truth it's only alts. Therefore tricking the rube to pay the higher price thinking it's the norm. Simple trick that most forum sellers use. Problem is people see the alts making offers to buy at those prices and they think well that is just supply and demand. No it's not you just got scammed is all. So people think the average prices have just went up when they haven't they have only been gamed with alts to artificially inflate the price. Since I can post WTS 700m gtc and then post with few of my alts offers to buy them all, but then 1 rube comes in and buys one thinking that is the normal price and gets ripped off. happens all the time.
SpaceSquirrels Caldari	Posted - 2009.06.13 19:54:00 - [78] So what your saying is I need to sell my some GTC @ a billion wait for the next patch...wait for t3 prices to go down then I can afford me one of them fancy cruisers.... Then I will have a shiny new toy. Which is to costly to lose in pvp....but I will have a shiny new toy.... which is better btw loki or tengu?
Critias Amarr Viziam	Posted - 2009.06.13 20:14:00 - [79] Edited by: Critias on 13/06/2009 20:16:43 Personally I blame the following people: 1) CCP, for forcing a price spike after they let ppl pay for fanfest tickets by plex 2) Market speculators, who have been proven beyond reasonable doubt to produce artificial price increases time and again, buying up stock and placing fake (high volume) buy orders. 3) GTS power sellers - select few people in big alliances, who are interested in higher plex prices, and thus produce obviously fake buy orders in GTC forum channel to drive up the buying frenzy - orders that are either 'filled' by their alts, or refuse to pay if a legitimate seller contacts them. 4) GTS power buyers - very rich ppl who simply dont give a damn about how much they pay and buy multiple plex at whatever prices are available. 5) Isk farmers - for the reasons that have already been stated by other ppl in this thread. 6) Normal players, who chose to pay by GTC and have no choice but to support higher prices by continuing to buy. 7) Overall decreased volume of sold plex cards over the last month ( taken from market data), that naturally leads to higher prices on the remaining plexes in the presence of similar or slightly increased deman due to fanfest. 8) Students who finished their exams going on a summer vacation which leads to certain subtle changes in the people's playing style. 9) Inflation, although it couldn't produce such a high spike by itself, is a part of it. I can go on here, but It's really the combination of the above that leads to abnormally high prices.
Cergorach Amarr The Helix Foundation	Posted - 2009.06.13 20:28:00 - [80] Originally by: Blane Xero Originally by: aDore Him 3.: YouÆre a student that has a hard time learning and should be gratefull not being able to waste time. I find this mildly offensive because it insinuates all Students have a "Hard time learning" and thats because they / we waste time playing a game. You're basically labeling all students as care-free good for nothing drifters / scroungers who want to do everything at no cost to them. Hey, we've all been there so we know it's the truth ;-p
Black Leather	Posted - 2009.06.14 06:51:00 - [81] RTM? Real Trader Monies?
Kasshim Omega Strike Force	Posted - 2009.06.14 07:13:00 - [82] Originally by: Black Leather RTM? Real Trader Monies? I was wondering what RTM meant on the other post. Hehe! That makes sense now.
Flossing Flush Gordon and The Toilet Ducks of Death	Posted - 2009.06.14 08:32:00 - [83] Why do people seem to take it as a personal insult and totally lose control, if somebody suggests that plex prices might be a bit too high? Always makes me laugh.
KardelSharpeye Gallente Dark Nebula Academy	Posted - 2009.06.14 08:48:00 - [84] I would say prices are rising because CCP made it available to buy fanfest tickets with plexes(check account management)
Kalintos Tyl Minmatar	Posted - 2009.06.14 09:08:00 - [85] plex will be rising in price until isk selllers quit 60D GTC - shattared link
Cergorach Amarr The Helix Foundation	Posted - 2009.06.14 09:45:00 - [86] Edited by: Cergorach on 14/06/2009 09:45:30 Originally by: Kalintos Tyl plex will be rising in price until isk selllers quit b!tch slaps Kalintos Tyl upside the head Repeating the same thing over and over doesn't make it true, you do know that... If you look at the history graph you'll see that six months ago the price also spiked, and it also came down. It's not as if the 'isk sellers' quit and just only returned to EVE.
ShadowMaiden Amarr Viziam	Posted - 2009.06.14 10:42:00 - [87] ITT - we try to sound intellectual about pretend money
Abrazzar	Posted - 2009.06.14 11:16:00 - [88] Originally by: ShadowMaiden ITT - we try to sound intellectual about pretend money All money is pretend, yet they build whole economies around it.
Chainsaw Plankton IDLE GUNS IDLE EMPIRE	Posted - 2009.06.14 14:04:00 - [89] Originally by: Gamer4liff Quote this if you can remember getting 90 days for 300m. :(
Chainsaw Plankton IDLE GUNS IDLE EMPIRE	Posted - 2009.06.14 14:11:00 - [90] Originally by: Kasshim The rising prices just looks to me like ccp is trying to compete with the isk sellers by getting people to buy from them instead. Getting more value for your money with GTC's instead of buying from those damn isk sellers. It's a conspiracy I tell ye! woah you just catch on?
Bestofworst Gallente	Posted - 2009.06.14 14:18:00 - [91] Plays like a real market (sometimes). That's why people save up a little bit of money for when this happens. And now everyone knows to do this right before fanfest, or stack up on Plexes before hand.
Chainsaw Plankton IDLE GUNS IDLE EMPIRE	Posted - 2009.06.14 14:31:00 - [92] Originally by: Bestofworst Plays like a real market (sometimes). That's why people save up a little bit of money for when this happens. And now everyone knows to do this right before fanfest, or stack up on Plexes before hand. from that other thread about wallets and money Originally by: Chribba Originally by: QUARTERLY ECONOMIC NEWSLETTER Q1 2009 In EVE, most accounts have less than 100 million Inter Stellar Kredits (ISK), or 153,000 accounts out of 265,000 total accounts when this snapshot was taken (58%). About 36,000 accounts (14%) have between 100 and 250 million ISK, and another 25,000 accounts have between 250 û 500 million ISK (10%). Overall, there are more than 28,600 accounts that have more than a billion in their wallet. The top 100 characters in EVE (0.015% of all accounts) hold 5.5% of total cash in all active and paying accounts. The top 10% of all characters in EVE (64,500 characters in total) hold more than 88% of all ISK in wallets at any given time. cuz like 72% of eve doesn't have enough money to buy a plex, and 10% has about enough money to either just be short of buying a plex, or being able to buy one and have a little left over, and then 28k people who could buy at least two and then around 100 players who could just go lol and buy like 20 plexes for lols.
Cergorach Amarr The Helix Foundation	Posted - 2009.06.15 07:17:00 - [93] Originally by: Chainsaw Plankton cuz like 72% of eve doesn't have enough money to buy a plex, and 10% has about enough money to either just be short of buying a plex, or being able to buy one and have a little left over, and then 28k people who could buy at least two and then around 100 players who could just go lol and buy like 20 plexes for lols. I think your logic isn't correct. There are a lot of folks with multiple accounts, most of those will hold the isk in their main account and only very little in their other accounts. Most traders have their isk in buy/sell orders and as little isk in their wallet as possible (unless they have Margin Trading trained). Everyone who has a buy order up for plex doesn't need to have the amount of isk in their wallet (as the amount is already in escrow). Corp wallet, there are some folks that park all their isk in the corp wallet, that won't show up either. So it's very possible that a lot more accounts can afford PLEXes then you think...
Jadal McPieksu	Posted - 2009.06.15 10:17:00 - [94] The market is already self-correcting. Higher prices brought in more sellers. PLEX prices are already down by at least 20mil from the recent peak. First peak was at 380-390, then it retreated to 360-370, only to face another spike that peaked at 430mil and it is now going down. You can already get buy orders filled at 400mil. There are some large sell orders at only slightly above the current buy orders - and that smells like a speculator trying to dump holdings. Sell orders at volumes of 10-50 PLEXes in one go take quite a while to clean out, setting a cap at the price... there is further mountain of about 100 PLEXes spread around several sell orders at around 430mil, so it would take quite a bit for the market to push above that. Based on the trends in the past week, I personally expect PLEX prices (sell orders) to dip well under 400 mil within a few days (unless someone with very deep pockets hits the market and tries to pump up the price - again). Last time the PLEXes peaked at over 370mil, the "fun" lasted for maybe a week and then they went down to 300-320mil in less than a week. This time we are higher than that - the crash could be quite a sight. For further hints of impeding PLEX price drops, just watch the prices and sizes of outstanding sell orders... when big piles are being taken off and relisted at a lower price (with considerable taxes and expenses), you know they are not moving and... **note, this is not investment advice. speculating in PLEXes is done at your own risk. PLEX prices may go either up or down
Atraxerxes Caldari 22nd Black Rise Defensive Unit	Posted - 2009.06.15 20:01:00 - [95] It's called supply and demand. The economy all over the world is going down. So more people are using isk to save RL coin. While at the same time fewer people have less RL coin to use to buy isk. Add to that that people who do have RL coin to buy plexes now are getting more than before so maybe 2 plexes cover what 3 would have. Simple math, don't like the prices? Use RL money to pay for your subsrciptions. It's not a scam. Smarter people than you called it last summer, that prices would rise as the Real World Economy went bad. AX

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