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So Plex Prices climbing again

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Merovee Gorthaur Legion Of Mordor 42	Posted - 2012.08.17 07:56:00 - [61] - Quote I don't know why, but will take a guess, summer is about to end. I think you can track the spikes in plex prices by watching the herd behavior of collage students. Well that's my theory.
Kryss Darkdust The Skulls 113	Posted - 2012.08.17 08:11:00 - [62] - Quote Merovee wrote: I don't know why, but will take a guess, summer is about to end. I think you can track the spikes in plex prices by watching the herd behavior of collage students. Well that's my theory. Sometimes people try to make this so bloody complicated, you nailed it. PLEXES are going up because people are buying them to get back into the game after the summer. I don't know anyone who still pays subscrition fee's since making 500 million ISK in Eve today is quite easy.
Ravan Hekki Blue-Fire 39	Posted - 2012.08.17 08:17:00 - [63] - Quote hmmm did this not happen last summer?
Mistah Ewedynao Center for Advanced Studies Gallente Federation 71	Posted - 2012.08.17 08:19:00 - [64] - Quote See if this is uncomplicated enough for ya. CCP answers toa "higher power" who asks "How much HARD CURRENCY did we make this month?" "Well me made 20% extra cause we sold an extra bunch of plexs cause we artificailly inflated the price by buying the all Plexs in Jita for FREAKIN NOTHING!" ALL Inflation is in CCP's favor.
Kryss Darkdust The Skulls 113	Posted - 2012.08.17 09:36:00 - [65] - Quote Mistah Ewedynao wrote: See if this is uncomplicated enough for ya. CCP answers toa "higher power" who asks "How much HARD CURRENCY did we make this month?" "Well me made 20% extra cause we sold an extra bunch of plexs cause we artificailly inflated the price by buying the all Plexs in Jita for FREAKIN NOTHING!" ALL Inflation is in CCP's favor. That's a pretty stiff accusation, curious what evidence you have to support it, other than a minor price fluctation?
Suvari Khashour Ministry of War Amarr Empire 6	Posted - 2012.08.17 09:53:00 - [66] - Quote there are 2 factors that affect prices, Supply and Demand, demand may well be up, which would increase the value of the things, but also the supply of Plex's may be falling, we're in the middle of a recession, pretty much global, if people stop selling plex's then the ones that are left are bound to increase in value because of their increasing scarcity. The only counter to this is that CCP sell Plex themselves for Isk, and.. that would be bad.
Indalecia 48	Posted - 2012.08.17 10:40:00 - [67] - Quote Shizuken wrote: Tamara Winters wrote: PLEX prices are rising because less and less people are willing to pay to play the game. Look at the volume of plexes traded. If the price is going up and volume is not then you have less supply. If the price is going down and volume is not, you have too m I don't always reply in a thread, but when I do, I don't finish my
Roime Shiva Furnace Dead On Arrival Alliance 1062	Posted - 2012.08.17 10:41:00 - [68] - Quote Also consider the summer coming to an end. People return to EVE from vacations, find that the game is doing well and maybe roll a new alt to explore new ships and tactics. Gallente - the choice of the interstellar gentleman
Lin-Young Borovskova Science and Trade Institute Caldari State 659	Posted - 2012.08.17 11:10:00 - [69] - Quote Mistah Ewedynao wrote: See if this is uncomplicated enough for ya. CCP answers toa "higher power" who asks "How much HARD CURRENCY did we make this month?" "Well me made 20% extra cause we sold an extra bunch of plexs cause we artificailly inflated the price by buying the all Plexs in Jita for FREAKIN NOTHING!" ALL Inflation is in CCP's favor. You should see your doctor or a more specialised one. Do you have the feeling you're being followed all the time? brb
Colonel Xaven Decadence. RAZOR Alliance 123	Posted - 2012.08.17 11:37:00 - [70] - Quote Mistah Ewedynao wrote: See if this is uncomplicated enough for ya. CCP answers toa "higher power" who asks "How much HARD CURRENCY did we make this month?" "Well me made 20% extra cause we sold an extra bunch of plexs cause we artificailly inflated the price by buying the all Plexs in Jita for FREAKIN NOTHING!" ALL Inflation is in CCP's favor. You obviously have no idea about how markets work and about economy at all.

Jojo Jackson Dead Red Eye 159	Posted - 2012.08.17 17:49:00 - [71] - Quote Vincent Athena wrote: Dinsdale Pirannha wrote: Akita T wrote: More like, blame the new mining ships and maybe also possibly technetium alchemy... Please run the logic for me. Are you suggesting that there is a huge spike in demand for plexes because many people are re-upping accounts to take advantage of the mining barges and alchemy? I would suggest that any increase in demand for plexes for mining accounts would be countered by an equal supply in plexes being supplied to the market as people need ISK for the Mackinaw. Buy a retriever. Spend several evenings mining. Buy a Mack. Very few miners use PLEX for ISK. Normally they go the other way around. The new barges have also dropped the ice products market. That was an easy one to predict. A roid will pop in half an hour of mining, ice will not. So POS fuel will be dropping, which will encourage more POSes for research. That will drop BPC prices. And as POSes are made from PI materials, increase PI prices. 0.0 anoms produce 100m+ ISK/hour just from rat-bounty. L4 aren't even half that productiv! Ice and Ore does not produce any ISK at all. It generates Ice/Ore ONLY (which then is transfared to ISK over the market, yes). So if there is any inflation it comes from 0.0 anoms! Why the hell can't I fitt capital repairs or shield booster on an Orca ... it's an CAPITAL ship!
DarthNefarius Minmatar Heavy Industries 279	Posted - 2012.08.17 20:25:00 - [72] - Quote So at what point does CCP consider putting 'confiscaed' PLEX onto the market & at what prices? Will Dr E's PLEX sink sellers be named something interesting? ========================================================= EVE residents: 5% Wormholes; 8% Lowsec; 20% Nullsec; 67% Highsec. CSM 6: 100% Nullsec residents. EVE demographics vs CSM demographics, nothing to worry about...
Vincent Athena V.I.C.E. Comic Mischief 932	Posted - 2012.08.17 20:28:00 - [73] - Quote According to the CSM minutes, the Bank of Eve (read: CCP) has yet to intervene in the PLEX market this year. They considered it during the graphics card offer, but decided that particular disruption to the market was not big enough to warrant messing with the sandbox. I think that was the right decision, but I wonders how disruptive the PLEX price need to be before they do intervene. (In case you are wondering, what they can do is sell PLEX from perma-banned accounts and place the ISK in the wallet of those accounts, just in case they some day get un-banned.) http://vincentoneve.wordpress.com/
HollyShocker 2inthestink State War Academy Caldari State 0	Posted - 2012.08.17 20:41:00 - [74] - Quote So you buy a plex for $15.00 dollars ccp gets thier money, what do they care how much isk it sells for? Seems to me it would be better for ccp that you got less isk for your plex so you had to buy more plex to get more isk. In other words if your real money netted you 500million isk as compared to 250million. Right now I can get more bang for my buck.
DarthNefarius Minmatar Heavy Industries 279	Posted - 2012.08.17 21:29:00 - [75] - Quote Vincent Athena wrote: According to the CSM minutes, the Bank of Eve (read: CCP) has yet to intervene in the PLEX market this year. They considered it during the graphics card offer, but decided that particular disruption to the market was not big enough to warrant messing with the sandbox. I think that was the right decision, but I wonders how disruptive the PLEX price need to be before they do intervene. (In case you are wondering, what they can do is sell PLEX from perma-banned accounts and place the ISK in the wallet of those accounts, just in case they some day get un-banned.) i'M WONDERING THE SAME THING so I posted a question to the CSM sticky thread above when CSM7 thinks CCP should release these PLEX ISK sinks into the market ( I'm curious if they could put a specific number on it like when the average Jita PLEX price=540 million or or 1 billion ISK or if when we see out of the blue jumps o say 20% over the wouse of a week for no apparent reason. ) I'm curious also if all of Eve will be told when it happens or just the CSM will know so their space rich buddies can scoop them up. ========================================================= EVE residents: 5% Wormholes; 8% Lowsec; 20% Nullsec; 67% Highsec. CSM 6: 100% Nullsec residents. EVE demographics vs CSM demographics, nothing to worry about...
Syler Puuntai Nomadic Asylum Still Censored 32	Posted - 2012.08.17 21:38:00 - [76] - Quote HollyShocker 2inthestink wrote: So you buy a plex for $15.00 dollars ccp gets thier money, what do they care how much isk it sells for? Seems to me it would be better for ccp that you got less isk for your plex so you had to buy more plex to get more isk. In other words if your real money netted you 500million isk as compared to 250million. Right now I can get more bang for my buck. CCP does care. Though a price increase wouldn't be what they would want. Having a ton of unused plexes on the market is a liability company wise. Since regular income(subs) is easier and safer to manage, compared to peaks and valley sales(plexes). Not to mention if something where to happen and EVERYONE started just buying plexes(off the market) and stopped subs and plex for $$ stopped then they would be in big trouble. Ofc the chances of this happening are slim but it is a concern.
Vincent Athena V.I.C.E. Comic Mischief 933	Posted - 2012.08.17 23:40:00 - [77] - Quote Log in and you see an add for PLEX. CCP is having one of their PLEX sales. That usually controls these spikes a bit. http://vincentoneve.wordpress.com/
Nexus Day Native Freshfood Minmatar Republic 20	Posted - 2012.08.17 23:53:00 - [78] - Quote Why is Plex going up? Uncertainty due to the upcoming election in the US. Oh, and a rise in pixel prices internationally.
Zagdul Clan Shadow Wolf Fatal Ascension 941	Posted - 2012.08.18 00:16:00 - [79] - Quote Jojo Jackson wrote: 0.0 anoms produce 100m+ ISK/hour just from rat-bounty. L4 aren't even half that productiv! Ice and Ore does not produce any ISK at all. It generates Ice/Ore ONLY (which then is transfared to ISK over the market, yes). So if there is any inflation it comes from 0.0 anoms! PS: nice market manipulation thread ;) - buy plex for alll your money - cry at forum "THE SKY IS FALLING!!!!" - sell and profit :p Null Sec isn't heavily ratted as lvl 4 missions are. The ratio of null sec dudes running anoms to empire mission runners injecting isk into the economy is very skewed in favor of empire. Go read the blog to where the majority of isk generated comes from. Hint: its not null sec. A list of fixes for the new inventory Dual Pane idea clicky
Andski GoonWaffe Goonswarm Federation 4380	Posted - 2012.08.18 02:12:00 - [80] - Quote "oh no you mean 0.0 anom runners can make more ISK than I do in hisec?" "WeGÇÖre a professional Merc Alliance, like PL" ~ snot shot, 2012

Cutter Isaacson Quantum Reality R n D GREATER ITAMO MAFIA 869	Posted - 2012.08.18 02:33:00 - [81] - Quote With recent changes to game play perhaps more people are reactivating old accounts. Then there is the fact that mining is now easier so perhaps more mining noobs are activating accounts with PLEX, or just existing players creating more mining alts using PLEX. Then there is the summer holidays to consider. Lots of us basement dwelling nerds have a few weeks off work, buy a few PLEX with the money we saved by NOT going out (ever) and using the resultant ISK to buy ourselves shiny to lose over the holidays. All of which seems a million times more likely than "ermergerd lervel furs" or any other such hysterical uneducated nonsense. Not exactly rocket science now is it? Numbers of terminally stupid people seem to be on the increase, I suggest we have a real life Stupidageddon to rectify this issue.
James 315 Caldari Provisions Caldari State 2411	Posted - 2012.08.18 02:45:00 - [82] - Quote Mo' isk, mo' problems. Personally I'd love to see PLEX double or triple in price. -+-+-+-+-+-+-+-+-+-+ MinerBumping.com -½-½-½-½-½-½-½-½-½-½ The daily saga of one man's quest to bring civilization to highsec by bumping miners out of range.
Herping yourDerp Federal Navy Academy Gallente Federation 639	Posted - 2012.08.18 05:56:00 - [83] - Quote More players need plex, I would guess quite a few people are making mining alts since you can set one up to ice mine nd only check on it every few hours or so.
Dinsdale Pirannha Pirannha Corp 256	Posted - 2012.08.18 06:45:00 - [84] - Quote James 315 wrote: Mo' isk, mo' problems. Personally I'd love to see PLEX double or triple in price. I am mortified that I created a thread that prompted this cretin to post in. I don't know what is more base, the fact that I created a thread that it attracts post from creatures like this, or that that the creature actually sullied the thread with a post.
Dinsdale Pirannha Pirannha Corp 256	Posted - 2012.08.18 06:47:00 - [85] - Quote Herping yourDerp wrote: More players need plex, I would guess quite a few people are making mining alts since you can set one up to ice mine nd only check on it every few hours or so. If you are going to post, how about posting with some realistic numbers. Every few hours.....really? Can't you post some actual facts as opposed to complete fabrications?
Frying Doom Zat's Affiliated Traders 529	Posted - 2012.08.18 07:14:00 - [86] - Quote Herping yourDerp wrote: More players need plex, I would guess quite a few people are making mining alts since you can set one up to ice mine nd only check on it every few hours or so. Oh where do I buy this mining barge with a 'few hours' worth of Ore hold? Any Spelling, gramatical and literary errors made by me are included free of charge.
Jonni Favorite Sundown Logistics SpaceMonkey's Alliance 133	Posted - 2012.08.18 07:27:00 - [87] - Quote Tamara Winters wrote: PLEX prices are rising because less and less people are willing to pay to play the game. So obvious and ninja at the same time, like ostrich heads in the sand: it's not there if I can't see it..
Ashera Yune Royal Amarr Institute Amarr Empire 35	Posted - 2012.08.18 07:55:00 - [88] - Quote Its Aurum, NEX store, and CCP's clever scheme of allowing PLEXes to be haulable. Inspired by the craptastic Korean Nexon cash shop (hence the name NEX) Redeeming plex makes CCP more money as they no longer have to provide for an game time and instead give the redeemer a few pixels that cost virtually nothing to copy. Believe it or not microtransactions, despite being stupid to a normal player, is a valid source of profit. People will pay money to buy pointless cosmetic items for their games (AKA TF2 HATS SYNDROME) - you can tell who these people are by looking at the ugly pipehole on their faces. Why else do you think CCP implemented the ability to haul PLEXes out of the station? They knew clearly that there are morons who would transport PLEXes in haulers and get ganked. A good chance that those plexes would be destroyed and gone forever, and making them more money as they do not have to provide any service for destroyed PLEX. As a result we have what is called a Non Gametime Sink. That is the destruction of PLEX from being ganked and having it redeemed for Aurum. Now instead of PLEX being just used for gametime it is split into 3 different sinks. The supply of PLEX has remained the same, but its rate of expenditure has tripled, causing price to go up.
knobber Jobbler 197	Posted - 2012.08.18 08:33:00 - [89] - Quote Tamara Winters wrote: PLEX prices are rising because less and less people are willing to pay to play the game. Let's say eve has 300,000 subscribers, all 300,000 use plex. Ccp still gets 300,000 worth of subs. It makes no odds to them.
Ayllia Saken School of Applied Knowledge Caldari State 6	Posted - 2012.08.18 11:17:00 - [90] - Quote Folks have theorised that CCP would not like having too much PLEX in-game, as it represents an accounting liability. I believe that this is true to a certain extent, but that it is far less worrisome for CCP than your average company. The extra, or marginal, cost of providing the game and server capacity for one extra player should be rather small compared to their current expenditure. This contrasts with a different company providing a physical product, where the costs are more linear. If players suddenly create a thousand extra active accounts by utilising in-game PLEX, CCP will probably manage without the quality of play dropping too dramatically. Unless it was done deliberately in a co-ordinated fashion by a single group (at prohibitive cost), CCP would see it coming as their numbers spiked, and have some time to plan ahead. Plus, PLEX are freely traded in a market they can control as much as they wish. If there is a surge in PLEX-fuelled accounts, the traders selling those PLEX's are going to jack up the price pretty quick. This will have the effect of slowing any sudden surge in server demand. CCP can count on a certain amount of enlightened self-interest by the PLEX traders. On the negative side for CCP, they don't know when the debt will be called in, and so they probably have to provide a certain amount of ongoing spare capacity, which we all benefit from while there is unused credit floating around. They can probably safely assume it's not all going to be called in at once, but there is always the chance of getting caught out. On the plus side for CCP, they get their hands on our money, at a premium, well ahead of the service being called upon. Just sticking it in a bank account will earn them even more money. I'm not saying they do this, just that they have the opportunity to earn a return on the money. I suspect they've priced it so they turn a profit, even allowing for a certain chance of the unexpected. A tidy profit will no doubt salve the frazzled nerves of their accountants when it comes to deal with the the liability PLEX represents. As others have said, PLEX is a rather nifty setup by CCP, which I have to agree with.



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