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PLEX - 285m and going down

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Carniflex Caldari Fallout Research Fallout Project	Posted - 2009.09.04 06:58:00 - [1] Originally by: Saartje Sarel Which means prices will rise again .. Sweet dream, but unless those macros come back in force or something radical will happen it's unlikely that they will reach again those peak values of approx 400 mil. I mean it's reasonable expect that price will hit as low as approx 225 and then bounce back up to around 250 with mild fluctuations somewhere around that in the light of QEN PLEX graph.
Carniflex Caldari Fallout Research Fallout Project	Posted - 2009.09.05 15:57:00 - [2] Originally by: DS S prices dropped down to 277mil in jita yesterday, then went back i[ tp 295 mil Small fluctuations are quite normal as it's fortunately quite rare even for market to just fall off cliff. Based on QEN data however we can expect considerable downward pressure on PLEX price medium to long term.
Carniflex Caldari Fallout Research Fallout Project	Posted - 2009.09.07 07:22:00 - [3] Originally by: Arresi So it's now cheaper to buy game time by buying isk from an isk seller then buying PLEX lol... That is if you risk getting your isk reversed by GM and/or credit card theft. Actually the good, legit isk sellers have a guarantee where they will refund you if a GM reverse your transaction. And it seems GMs crackdown periodically (a set pattern) so you know when it's the safest to buy isk. They will get ya eventually if you buy isk. Might not be during the few weeks you can reverse the transaction thru your credit card company anyway but they WILL get ya. And it will not be fun experience sitting in the minus for all the isk you might have bought over the years. And there is no good, legit isk sellers. All they care for is getting your credit card details.
Carniflex Caldari Fallout Research Fallout Project	Posted - 2009.09.07 09:36:00 - [4] Originally by: DarthCaboose Aside from attracting fresh meat, the other way to see PLEX prices go up again is if CCP; in some way, shape or form, puts a new change in that allows newer players to make more ISK easier. I remember reading Eve's First Quarter Report for 2009 showing that the vast majority of players (80%+) do not have the ISK on hand to buy a PLEX. Sure this figure is kinda iffy, but if CCP enabled even a fraction of those players to make more ISK through gameplay changes, then demand for PLEX (and hence, PLEX prices) would go up! Additionally, if ISK becomes easier to make, then players buying PLEXs would charge more money for them (an upward shift to that supply curve)! I would say that the amount of liquid isk at hand might not be good indication of ability to buy PLEX. Granted it's sort of best we have. I for example would be quite capable of buying PLEX should I so desire (and I sometimes do) however I'm almost always below 'threshhold' value in liquid isk terms. Also I suspect that many people who would be isk wise capable of buying PLEX will not do so as it's more effective for them to get real money and pay subscription thru that than spend X hours in game grinding isk for the same purpose. By the same logic most people with jobs from developed countries would be better off selling PLEX to fund their fun than grinding isk X hours for that, altho there is also kind of emotional barrier in there. Can't comment on people on average, but for me it tastes like 'cheating' so I am not willing to sell PLEX for isk even tho I would be capable of doing that. Paying for extra accounts with credit card was already small emotional barrier for me to cross and left slight nagging feeling in my head. On the other hand making PLEX price to go up by increasing isk amount in game is certainly possibility, however I would argue that this would be just 'PLEX inflation' same way as gold goes 'up' in dollars if fed's are running their printing press as fast as they can. Then again it might not be as catastrophic in EVE as it might end up in RL, as in EVE many isk sinks are NPC supplied and have very rigid price corridors. Would just mean that everyone and his dog would have titan skillbooks in their head 'bcos it's just so damn cheap' should we ever get into runaway increase of liquid isk available. In the end it's more emotionally fulfilling to buy that carrier skillbook or BPO with the isk you have made yourself ingame than with the swing of credit card for me. It's not 'just a game'. It's more like a hobby.
Carniflex Caldari Fallout Research Fallout Project	Posted - 2009.09.07 12:52:00 - [5] Edited by: Carniflex on 07/09/2009 12:52:14 Originally by: Kerfira Originally by: DarthCaboose Aside from attracting fresh meat, the other way to see PLEX prices go up again is if CCP; in some way, shape or form, puts a new change in that allows newer players to make more ISK easier. This may bring up the ISK price of PLEX, but their VALUE will stay as it is... Value in EVE is not determined by ISK price, but by the effort put into acquiring something. This is what determines the relative price of everything in the EVE universe.... It's true that the value as in amount of effort that it takes to make this items will not change, however it's still worth pointing out that most isk sinks in EVE are NPC driven and thus does not 'feel' inflation that in turn would mean that you would get certain NPC good/service for lesser amount of effort (Skillsbooks, T1 BPO's, NPC trade goods, Insurance, etc). So if PLEX price in isk is going up people will get more of those 'inflation free' services for the same 35 dollars they spend. Ofc assuming that isk supply would be increased (causing PLEX price in isk go up) it would also take smaller amount of grinding hours to get whatever you want to get so ratio between grind/PLEX would indeed be roughly the same.
Carniflex Caldari Fallout Research Fallout Project	Posted - 2009.09.08 03:57:00 - [6] Originally by: Arresi Right just like how the RIAA is gonna eventually get you for that song you downloaded in 2001... In real life it doesn't work that way. What CCP is going to do is crackdown on random isk buyers/sellers to try to scare off the general player population; it's no different than RIAA. Hence that's why CCP does a crackdown every few weeks or so (don't quote me on that haha), so if you know when the last crackdown was, you have a lower chance of getting your transaction reversed. And trust me there are good, legit isk sellers. Sure there are some companies whose staff can barely speak English and they have only been operating for about a month, but others include years of experience and have a great customer support (or so I hear); the latter tend to be a litt more expensive of course lol. There is quite relevant difference between RL and EVE. In RL you can't log all transactions, in EVE you can. Now if you do it only once you might get away with it, if it's habit you will get caught eventually and when they take a good look at you they will find eventually previous cases also. Ofc until this has do be done purely by hand the effectivity of it will not be stellar, altho I imagine CCP would already have clever scripts running highlighting 'interesting' transactions for GM's to investigate. Should they get really clever script going one day they can actually get ya for that bought isk on 2004. If you decide to hope this will not happen then this can't be helped, altho I do have gut feeling we might see one day another of those posts in genereal section where someone is complaining how his 'friend' who is rather good at markets got dropped in negative 'out of blue'. So far in every case it has turned out ofc that those 'friends' have been isk buyers.
Carniflex Caldari Fallout Research Fallout Project	Posted - 2009.09.09 07:32:00 - [7] Originally by: Arresi Well if a person is really generous and decides to give you 10 billion isk, is that legal? How about if she gives you 10 billion isk for your Playstation 3? What if she gives you 10 billion isk for sex?? If that generous person happens to be identified as RMT character then CCP will not trouble their head with legal dilemmas. They will drop you 10 bil in negative regardless of fairytales about friendly donations and if you have done it on several times or have already outstanding warning they will add on top of that short forced vacation from EVE to have time to think about it. Extending that vacation to be permanent if they get you sitting your paw in cookie yar and not caring about repeated warnings. It's also worth remembering CCP does not ban characters. They ban people. So even if you do nothing illegal for 5 years, but CCP manages to identify you as someone with permanent ban on him from the past they will remove all your identified characters without blinking twice.
Carniflex Caldari Fallout Research Fallout Project	Posted - 2009.09.09 18:59:00 - [8] Originally by: Krathos Morpheus On CCP not banning characters but people, are you sure of that? Remember about Ricdic alts. I am. Have seen it happen to one corp thief that used things that get you permabanned to do it. We managed to identify his new chars he created on new accounts after getting banned, he gloated a bit in convo and confirmed he is same guy. We petitioned and he got his new chars also permabanned. On Ricdic thing - dunno. Guess we do not know all the details.

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