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Plex's can't be resold! Make normal prices!

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Author	Thread Statistics \| Show CCP posts - 1 post(s)
GOVNO 1	Posted - 2009.06.22 21:25:00 - [1] Vote for this

CCP Zymurgist Gallente	Posted - 2009.06.22 21:34:00 - [2] Moved to Market Discussions.

Viresa	Posted - 2009.06.22 21:35:00 - [3] I would vote for some sort of control, at least out of game GTC should be bound to the account they are sold to, I probably leave in game PLEXes as they are.
Frenden Dax Dax Acquisitions	Posted - 2009.06.22 21:37:00 - [4] Clair, help. I don't think I can beat him to death by myself in a timely fashion.
Breaker77 Reclamation Industries New Eden Research	Posted - 2009.06.22 22:08:00 - [5] Why was this moved here? It would be better in features and ideas
Krathos Morpheus Gallente Legion Infernal Wildly Inappropriate.	Posted - 2009.06.22 22:25:00 - [6] Originally by: Breaker77 Why was this moved here? It would be better in features and ideas There is no feature or idea in the OP. This is useless no matter where it is. I think mods bring it to MD because we can beat it more properly here. EVE Knowledge
Chainsaw Plankton IDLE GUNS IDLE EMPIRE	Posted - 2009.06.22 23:19:00 - [7] it is asking for a vote, to the assembly hall!
Kalrand	Posted - 2009.06.22 23:21:00 - [8] Can we just vote OP off the island?
SencneS Amarr Rebellion Against Big Irreversible Dinks	Posted - 2009.06.22 23:53:00 - [9] While I agree PLEX price has the ability to become BILLIONS of ISK because people will pay it. There has to be a line in which people will just not pay any more. I hate paying 400-500mil for 30 days but I do it because A) I can, B) It's not real money. Although CCP consider a PLEX to hold some real currency value to the players that buy them to use them they are "Free" in the terms of Real life currency. While I would eventually run out of ISK, and no longer playing, that means the people can't sell them because there is no one to buy them. But I can tell you, I'll subscribe for 30 days just to start buying plexs again if they went down to a reasonable price.
Kazzac Elentria	Posted - 2009.06.23 00:13:00 - [10] Originally by: Frenden Dax Clair, help. I don't think I can beat him to death by myself in a timely fashion. You know, manipulation seemed like such a good idea a the time. ....I am become Death, the shatterer of Worlds
necronarcosis FireFallAlpha	Posted - 2009.06.23 12:35:00 - [11] Edited by: necronarcosis on 23/06/2009 12:38:44 Edited by: necronarcosis on 23/06/2009 12:35:15 some common sense here please. plex prices are high because of fanfest, once fanfest is over see them drop faster than miss lohans undergarments.
Saehta Sigillum Militum Xpisti Novus Ordo Mundi	Posted - 2009.06.23 12:37:00 - [12] Jokes on you, she doesnt wear em
Midas Man Caldari Dzark Innovations	Posted - 2009.06.23 12:41:00 - [13] Plex's can't be resold! Make normal prices! buy 390-400 sell 410-415 Plenty of profitz to be made.
GOVNO 1	Posted - 2009.06.23 19:01:00 - [14] Edited by: GOVNO 1 on 23/06/2009 19:02:46 1 Part of people buy and sell plex's for isk's. (good) 1 Part of people buy for isks and sell for real money. (bad) Resold plex's is good way for isk's to $. Need stop and all be fine.
Professor Leech Transmetropolitan	Posted - 2009.06.23 19:07:00 - [15] C'mon guys, make normal prices. Set GTC to where they should be sold. 2 billion isk each. Originally by: Crawe DeRaven this thread is obviously going places
Clair Bear Perkone	Posted - 2009.06.23 21:08:00 - [16] How is babby formed? How is babby formed? How girl get pragnent? ... They need to do way instain mother> That said, yeah. Next time Kazzac takes lead on PLEX manipulation (and we all know that day is not far off) I say we all dogpile on and see if we can hit 1B/PLEX. I know we can easily hit 500M this time. It won't take much -- just put aside a few billion for the noble cause.
Iridescent Moon Caldari Iridescent Dawn	Posted - 2009.06.23 22:46:00 - [17] Originally by: Clair Bear I know we can easily hit 500M this time. Huh? This time? Highest PLEX buy in Jita was 443, 2 weeks ago. Even then the average price was only 433 million. That price only came after CCP announced the FanFest tickets for PLEX offer when someone posted a PLEX whine thread on the general forums. The price of PLEX has dropped 33 million from the high and 37 million from the average. Although I would like to have someone explain how a PLEX was sold for 366 million on the 23rd. PLEX for Fanfest is the only thing that pushed PLEX past 400 million the past month. Even that was pure speculation, the amount of increased demand from Fanfest minimal. As I type this the first PLEX for under 400 million has been posted in Jita and Buy's are at 370 million. Lets see if the speculators flinch.
Iridescent Moon Caldari Iridescent Dawn	Posted - 2009.06.23 22:54:00 - [18] Originally by: Midas Man Plex's can't be resold! Make normal prices! buy 390-400 sell 410-415 Plenty of profitz to be made. Buy 370 Sell 399 That was the change in 12 hours. Profits to be made? Sure, if you don't mind getting stuck holding the bag as the prices take a nosedive.
Sturmwolke Genyosha Legion	Posted - 2009.06.24 00:13:00 - [19] Originally by: Iridescent Moon Buy 370 Sell 399 That was the change in 12 hours. Profits to be made? Sure, if you don't mind getting stuck holding the bag as the prices take a nosedive. As long as PLEXes remain resellable, there will always be profit to be made regardless. That profit inflates the PLEX pricing and skews it towards the higher end, than if you compare it to a hyphothetical situation where they cannot be resold (but is instead added directly to the buyer's account when purchased). Observe the trade channels, there's this fellow who actually gets the idea and seems to be making a quite a tidy profit by just buying and reselling PLEXes. A very industrious fellow who spams WTB and WTS to catch whatever he can. Wait till the EVE majority catches on with copy cat acts.
glas mir Reaction Scientific	Posted - 2009.06.24 00:31:00 - [20] Originally by: Sturmwolke As long as PLEXes remain resellable, there will always be profit to be made regardless. That profit inflates the PLEX pricing and skews it towards the higher end Or you could apply the efficient market hypothesis, and say that the traders keep trading until their opportunity cost is 0, thus having plexes on market increases transparency and keeps the price at its market cost. plexes are a scarce resource, if you aren't willing to pay the price, you can't have one.
Sturmwolke Genyosha Legion	Posted - 2009.06.24 01:13:00 - [21] Originally by: glas mir Or you could apply the efficient market hypothesis, and say that the traders keep trading until their opportunity cost is 0, thus having plexes on market increases transparency and keeps the price at its market cost. plexes are a scarce resource, if you aren't willing to pay the price, you can't have one. Yes, of course. That hyphothesis is good, until you compare it to the chances of the human race suddenly turning into philantrophic angels. Transparency isn't the issue. Now, everything's fair game until it hits you in the face personally. That's when you realize it actually hurts.
Malcanis Vanishing Point. The Initiative.	Posted - 2009.06.24 01:34:00 - [22] Can anyone cite an example of price controls increasing production?
Tyndmyr	Posted - 2009.06.24 01:36:00 - [23] If traders didn't mark up plexes, the following would happen: 1. Either buyers or sellers would have to wait longer to get the prices they wanted. 2. Spreads would be wider, as traders are competitive by nature. 3. The game would have one less isk sink, the noticable fees for buying and selling plexes. This'd mean higher priced plexes, along with everything else. Plexes are high because of their value, not because of those evil traders.
glas mir Reaction Scientific	Posted - 2009.06.24 01:49:00 - [24] Edited by: glas mir on 24/06/2009 01:52:35 Originally by: Sturmwolke Yes, of course. That hypothesis is good, until you compare it to the chances of the human race suddenly turning into philantrophic angels. Transparency isn't the issue. Now, everything's fair game until it hits you in the face personally. That's when you realize it actually hurts. that's the best part, the market hypothesis is based on competition. You're thinking of communism, which would require humans to turn into non-corruptible angels that don't want more than anyone else. The market hypothesis requires everyone to be rational greeedy bastards, which seems reasonable to me. Also price control examples in support of Mal would be the gas shortages of the 70's in the US. Short version: gas shot up, government said gas can't cost that much, you paid in time waiting to get it.
Packtu'sa Nabaal Construction and Industrials Corp Nabaal Syndicate	Posted - 2009.06.24 01:56:00 - [25] Originally by: Tyndmyr On a side note, if plexes could be moved, the market would be even more efficient. Right now, plexes vary substantially in price depending on region. Since a PLEX is a virtual item even in the context of the EVE universe, it seems odd that they are restricted to regional markets or even take an 'item' form. But, I digress...
Tyndmyr	Posted - 2009.06.24 02:10:00 - [26] IMO, it's mostly to prevent the inevitible tears when someone spends a gob of RL money on plexes, loads up his hauler, and gets nailed by a pirate ten seconds later. Id be quite ok with that, though.
Sturmwolke Genyosha Legion	Posted - 2009.06.24 03:03:00 - [27] Originally by: glas mir that's the best part, the market hypothesis is based on competition. You're thinking of communism, which would require humans to turn into non-corruptible angels that don't want more than anyone else. The market hypothesis requires everyone to be rational greeedy bastards, which seems reasonable to me. Also price control examples in support of Mal would be the gas shortages of the 70's in the US. Short version: gas shot up, government said gas can't cost that much, you paid in time waiting to get it. The point is simple, all these sophistry isn't going to go anywhere with the issue at hand. As an example, CCP stopping ghost training, wasn't in the best interest of many players. Huge uproar with varying degrees arguments. Was this the right or wrong move? A reasonable person would say yes, it's the right move as it removes the loop-hole that's making CCP to lose money ... but the funny guy will come with all sorts of reasons against that move, none of the reasons are valid against the core issue. Now figure out if allowing players to profit from reselling PLEXes is the right or wrong move. Most of the answers will depend on whose side you're on, rarely a reasonable voice. Also explain to me how in the world are you seeing limiting PLEXes from being resellable amounts to price control? Before there was a PLEX, there is always the GTC. Notice how the the GTC is applied. On second thought, no never mind, I don't want to know your explanation. Anyway, I'm done here. Arguing this any further isn't going to be constructive with all that noise.
glas mir Reaction Scientific	Posted - 2009.06.24 03:58:00 - [28] Edited by: glas mir on 24/06/2009 04:01:51 Originally by: Sturmwolke Also explain to me how in the world are you seeing limiting PLEXes from being resellable amounts to price control? Before there was a PLEX, there is always the GTC. Notice how the the GTC is applied. On second thought, no never mind, I don't want to know your explanation. I'll explain for other benefit. The market helps the price reflect the true value. It is also easier to buy, and more visible, so more people in game decide to buy it, increasing demand, increasing price. It isn't hard to imagine supply staying the same or going down in the current economic conditions. If you go back to the old way, a lot of that demand isn't going to go away. So basically, its on the market now, you have to deal with it. I hinted at the true positive externality adding plexes to the game brought, transparency. While gtcs were traded on the forums, there was no way to confirm that sales posted were actually concluded. This made price fixing a big concern. I'll take the trade off of slightly more demand for the transparency of knowing all the trades actually occurred and with taxes.
Tyndmyr	Posted - 2009.06.24 04:06:00 - [29] The reasonable explanation for Plexes is that it's in the best interest of a game company to offer as many ways for people to pay them as possible. Plexes = more accounts = $$$
Sturmwolke Genyosha Legion	Posted - 2009.06.24 09:56:00 - [30] Originally by: glas mir I'll explain for other benefit. The market helps the price reflect the true value. It is also easier to buy, and more visible, so more people in game decide to buy it, increasing demand, increasing price. It isn't hard to imagine supply staying the same or going down in the current economic conditions. If you go back to the old way, a lot of that demand isn't going to go away. So basically, its on the market now, you have to deal with it. I hinted at the true positive externality adding plexes to the game brought, transparency. While gtcs were traded on the forums, there was no way to confirm that sales posted were actually concluded. This made price fixing a big concern. I'll take the trade off of slightly more demand for the transparency of knowing all the trades actually occurred and with taxes. You're not reading and comprehending it properly. All the above is pointless. Nuff said.
Kazzac Elentria	Posted - 2009.06.24 12:14:00 - [31] Originally by: Clair Bear How is babby formed? How is babby formed? How girl get pragnent? ... They need to do way instain mother> That said, yeah. Next time Kazzac takes lead on PLEX manipulation (and we all know that day is not far off) I say we all dogpile on and see if we can hit 1B/PLEX. I know we can easily hit 500M this time. It won't take much -- just put aside a few billion for the noble cause. I gave fair warning this time around, its just that no one pays attention to me much anymore Prices will settles in the 350-370 range
Gorp	Posted - 2009.06.25 18:37:00 - [32] Edited by: Gorp on 25/06/2009 18:46:20 Does anyone else find it amusing that the most randomly inconsistent moderator at CCP moves an obvious troll post while ignoring a character name that means ****1 (in russian)? -- for those unable to outguess the vulgarity filter it starts with an S and ends in a T and refers to excrement.
Nahkep Narmelion Gallente Center for Advanced Studies	Posted - 2009.06.30 21:19:00 - [33] Originally by: Malcanis Can anyone cite an example of price controls increasing production? Yes, set the price above the market clearing price, you'll have more than demand can satisfy--a glut.

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