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PLEX r dropping BUY BUY BUY!!!

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Xintri Ra'Virr	Posted - 2011.02.10 07:53:00 - [1] In case you didn't notice ( yeah right ) PLEX prices are hitting dirt now. Why? How long? To what level? Who knows..
The AEther Caldari Agony Unleashed Agony Empire	Posted - 2011.02.10 08:07:00 - [2] hmm, this thread gave me an idea that if we all stop buying plex for a month-two may be prices will drop to sub-dirt level zero blues 0.0 pvp, pvp classes
Tau Cabalander Caldari	Posted - 2011.02.10 08:26:00 - [3] Edited by: Tau Cabalander on 10/02/2011 08:27:46 Originally by: The AEther hmm, this thread gave me an idea that if we all stop buying plex for a month-two may be prices will drop to sub-dirt level I'm reminded of the old airplane bit: A 747 over the mid-Atlantic experiences a rough running engine, so they have to shut it down. Pilot to passengers: "Not to worry, we still have 3 good engines, but we'll be 30 minutes late." A little while later, a second engine sputters and stops. Pilot to passengers: "Not to worry, we still have 2 good engines, but we'll be an hour late." A little while later, the third engine catches fire and has to be shutdown. Pilot (sounding nervous) to passengers: "We still have 1 good engine, but we'll have to divert to an alternate airport, where we'll get you all a connecting flight. Expect to be at least 3 hours late." One passenger, frustrated with the delays, to another passenger: "Geez, I hope that last engine doesn't go, or we'll be up here all day!"
Xintri Ra'Virr	Posted - 2011.02.10 08:27:00 - [4] People are liquidating stocks after "Remap 4 plex" speculation fail and there is a kind of panic on the plex market now. I'm wondering if prices fall below 300m in coming days but i don't expect this. Anyway summer is coming ( Incarna ) so this can be good long term investment if you have a couple of billions.
Onno Quist	Posted - 2011.02.10 08:36:00 - [5] Originally by: Xintri Ra'Virr People are liquidating stocks after "Remap 4 plex" speculation fail and there is a kind of panic on the plex market now. I'm wondering if prices fall below 300m in coming days but i don't expect this. Anyway summer is coming ( Incarna ) so this can be good long term investment if you have a couple of billions. You're liquidating your stock you say? Bad timing then :/
Xintri Ra'Virr	Posted - 2011.02.10 08:43:00 - [6] Originally by: Onno Quist You're liquidating your stock you say? Bad timing then :/ Nope. I am a buyer and i want to convince more people to start buy. Why? More people will buy it, the price will raise. Also when plexes are around 300m it is rather safe investment as they won't drop below that price.
GyokZoli Caldari	Posted - 2011.02.10 09:59:00 - [7] Edited by: GyokZoli on 10/02/2011 10:00:32 Now, let's everyone stop buying plexes so we can buy them even cheaper later. Originally by: Xintri Ra'Virr Originally by: Onno Quist You're liquidating your stock you say? Bad timing then :/ Nope. I am a buyer and i want to convince more people to start buy. Why? More people will buy it, the price will raise. Also when plexes are around 300m it is rather safe investment as they won't drop below that price. A buyer wouldn't want to convince people to buy the same stuff since it raises the prices. But you already know this.
Xintri Ra'Virr	Posted - 2011.02.10 10:31:00 - [8] Nay i bought them already
Ami Quintero	Posted - 2011.02.10 12:11:00 - [9] Originally by: Xintri Ra'Virr Nay i bought them already So you're hoping they don't keep falling? I don't think there's anything fundamental keeping them above 300M. You don't have to go back very far to see PLEX at ~275M. I don't necessarily doubt that prices will recover eventually, but I see no reason to predict that recovery will be large, sustained, or soon. I think you're much better at the moment investing in something else.
Dibsi Dei Salamyhkaisten kilta	Posted - 2011.02.10 12:55:00 - [10] Am guessing 300m minimum, people get used to pay more for gametime every time.
Karl Reese Caldari	Posted - 2011.02.10 14:58:00 - [11] I bought a bunch for 268 in the last 6 months or so. People said they wouldn't drop below 300 then, too.
DzarkMoneyMaker Caldari	Posted - 2011.02.10 15:22:00 - [12] Originally by: Dibsi Dei Am guessing 300m minimum, people get used to pay more for gametime every time. 300mil? You don't have to go back too far and you'll find 300mil was expensive for a 90 day GTC. I'm guessing if CCP put as much of an effort into catching bots as they put in to convincing the public they are banning bots we could see plex at sub 100mil.
Caldariftw123	Posted - 2011.02.10 15:52:00 - [13] Originally by: DzarkMoneyMaker Originally by: Dibsi Dei Am guessing 300m minimum, people get used to pay more for gametime every time. 300mil? You don't have to go back too far and you'll find 300mil was expensive for a 90 day GTC. I'm guessing if CCP put as much of an effort into catching bots as they put in to convincing the public they are banning bots we could see plex at sub 100mil. lol what? you're a madman. Sub 100mill plex? 90 day GTC are long gone, sub 100mill plex is ludicrous. Do you have any idea how much isk is in the game right now? What utter nonsense.
Drago Nace	Posted - 2011.02.10 17:30:00 - [14] Originally by: Caldariftw123 Originally by: DzarkMoneyMaker Originally by: Dibsi Dei Am guessing 300m minimum, people get used to pay more for gametime every time. 300mil? You don't have to go back too far and you'll find 300mil was expensive for a 90 day GTC. I'm guessing if CCP put as much of an effort into catching bots as they put in to convincing the public they are banning bots we could see plex at sub 100mil. lol what? you're a madman. Sub 100mill plex? 90 day GTC are long gone, sub 100mill plex is ludicrous. Do you have any idea how much isk is in the game right now? What utter nonsense. On that note... Any guess on the percentage of players that pay for EvE with real money? I've been a lurker for awhile now, but rarely post. I paid for one 3-month stint when I first started, and have been paying via in-game isk ever since. (A bit more than a year). It isn't all that hard to make 300-350 million isk, above and beyond what you need for skills, ships, supplies every month. I am probably about average in this regards to making isk in EvE. So the question becomes: How does CCP continue to make enough money to fund future development?
Caldariftw123	Posted - 2011.02.10 17:48:00 - [15] Originally by: Drago Nace Originally by: Caldariftw123 Originally by: DzarkMoneyMaker Originally by: Dibsi Dei Am guessing 300m minimum, people get used to pay more for gametime every time. 300mil? You don't have to go back too far and you'll find 300mil was expensive for a 90 day GTC. I'm guessing if CCP put as much of an effort into catching bots as they put in to convincing the public they are banning bots we could see plex at sub 100mil. lol what? you're a madman. Sub 100mill plex? 90 day GTC are long gone, sub 100mill plex is ludicrous. Do you have any idea how much isk is in the game right now? What utter nonsense. On that note... Any guess on the percentage of players that pay for EvE with real money? I've been a lurker for awhile now, but rarely post. I paid for one 3-month stint when I first started, and have been paying via in-game isk ever since. (A bit more than a year). It isn't all that hard to make 300-350 million isk, above and beyond what you need for skills, ships, supplies every month. I am probably about average in this regards to making isk in EvE. So the question becomes: How does CCP continue to make enough money to fund future development? Every plex you buy was paid for by someone else. There are plenty of people that value their time over a few bucks.
Cyaxares II	Posted - 2011.02.10 18:05:00 - [16] Originally by: Caldariftw123 Every plex you buy was paid for by someone else. at least that's what they want you to think...
Caldariftw123	Posted - 2011.02.10 18:09:00 - [17] Originally by: Cyaxares II Originally by: Caldariftw123 Every plex you buy was paid for by someone else. at least that's what they want you to think... Shhh, or they'll get you.
Dryfty Suddenly Ninjas Tear Extraction And Reclamation Service	Posted - 2011.02.10 18:11:00 - [18] Edited by: Dryfty on 10/02/2011 18:11:30 Hurp durp, beat to the punch. See above post(s)
Kalrand GoonWaffe Goonswarm Federation	Posted - 2011.02.10 18:12:00 - [19] Originally by: Cyaxares II Originally by: Caldariftw123 Every plex you buy was paid for by someone else. at least that's what they want you to think... It actually would be an interesting way to take isk out of the in game economy.
Ashina Sito Gallente Center for Advanced Studies	Posted - 2011.02.10 18:16:00 - [20] Originally by: Drago Nace On that note... Any guess on the percentage of players that pay for EvE with real money? I've been a lurker for awhile now, but rarely post. I paid for one 3-month stint when I first started, and have been paying via in-game isk ever since. (A bit more than a year). It isn't all that hard to make 300-350 million isk, above and beyond what you need for skills, ships, supplies every month. I am probably about average in this regards to making isk in EvE. So the question becomes: How does CCP continue to make enough money to fund future development? Someone buys a Game Time Code (GTC). They can sell it here though the time code forum or break it into 2 PLEX in game. There they can sell it to a buy order or put it on a sell order. CCP get more money from subs paid by PLEX. 17.50 per month instead of 15.00. The OP is just failing at getting a rise out of PLEX prices. Anyone who would bother to give an honest evaluation of the PLEX market would have predicted the lower priced PLEX atm... I did back in October. PLEX will roll around in the low 300's for a while, until CCP announces another thing in game that you can use PLEX for then the lemmings will shoot it up to 400 million isk (or just short) and then it will drop back down to it's non speculation price... about where it is now. PLEX has 2 guaranteed elements to it. The first is that is has a reasonably regular price cycle. Second, there is a huge oversupply of PLEX and the price is only kept propped up by speculators. Both kinda lead into the other.
Caldariftw123	Posted - 2011.02.10 18:16:00 - [21] Originally by: Kalrand Originally by: Cyaxares II Originally by: Caldariftw123 Every plex you buy was paid for by someone else. at least that's what they want you to think... It actually would be an interesting way to take isk out of the in game economy. and a terrible way to lose RL money.
Drago Nace	Posted - 2011.02.10 18:36:00 - [22] Originally by: Ashina Sito Originally by: Drago Nace On that note... Any guess on the percentage of players that pay for EvE with real money? I've been a lurker for awhile now, but rarely post. I paid for one 3-month stint when I first started, and have been paying via in-game isk ever since. (A bit more than a year). It isn't all that hard to make 300-350 million isk, above and beyond what you need for skills, ships, supplies every month. I am probably about average in this regards to making isk in EvE. So the question becomes: How does CCP continue to make enough money to fund future development? Someone buys a Game Time Code (GTC). They can sell it here though the time code forum or break it into 2 PLEX in game. There they can sell it to a buy order or put it on a sell order. CCP get more money from subs paid by PLEX. 17.50 per month instead of 15.00. The OP is just failing at getting a rise out of PLEX prices. Anyone who would bother to give an honest evaluation of the PLEX market would have predicted the lower priced PLEX atm... I did back in October. PLEX will roll around in the low 300's for a while, until CCP announces another thing in game that you can use PLEX for then the lemmings will shoot it up to 400 million isk (or just short) and then it will drop back down to it's non speculation price... about where it is now. PLEX has 2 guaranteed elements to it. The first is that is has a reasonably regular price cycle. Second, there is a huge oversupply of PLEX and the price is only kept propped up by speculators. Both kinda lead into the other. Thanks for the insight (and others as well). I guess for me, it's a part of the game within a game to see if I can continue to fund myself through only in-game isk. My character is learning skills and I'm having fun... all without spending a dime of my own money over the last 9 months or so. Yeah, technically I could make more money doing something else during that time and then use that money to buy PLEX, but I don't think I would find that as fun. Anyway, good discussion.
Kalrand GoonWaffe Goonswarm Federation	Posted - 2011.02.10 18:37:00 - [23] Originally by: Caldariftw123 and a terrible way to lose RL money. They didn't lose money, they just didn't get money for the magical internet item they created in their database. Depends on how much ccp wants to take isk out of the economy.
Caldariftw123	Posted - 2011.02.10 18:43:00 - [24] Originally by: Kalrand Originally by: Caldariftw123 and a terrible way to lose RL money. They didn't lose money, they just didn't get money for the magical internet item they created in their database. Depends on how much ccp wants to take isk out of the economy. Probably not at the expense of giving someone a free month of subscription (cause yanno, nobody will have paid the RL isk for that plex)
Internet White Knight	Posted - 2011.02.10 21:22:00 - [25] I think it's more likely that CCP would generate some ISK and buy up PLEX just to destroy them. They could make real money and the only side effect would be destroying the Eve economy. In fact, the Eve economy's pretty shot already. Maybe they have been doing this all along? Maybe GMs and devs spend their spare time on piewat alts outside Jita 4-4 scanning for ships carrying PLEX to suicide gank and destroy them. More free money! /me scrounges for tinfoil.
Companion Qube Minmatar Electron Conservation Inc	Posted - 2011.02.10 21:45:00 - [26] Sup dawg? I see you have a stock of plex you got stuck with when the market decided to break 320m down. Now's a great time to buy plex because: There will be no plex for remaps There will be no plex for character transfer There will be no plex for portrait swaps There aren't any fanfest tickets for plex There's no buy side demand for plex for the next 5 months (summer yo) ... drunkpoasting best poasting yo
Isabella Strauss IsTech Industries	Posted - 2011.02.10 21:52:00 - [27] Originally by: Companion Qube There aren't any fanfest tickets for plex The plex for passes thing still works
Tasko Pal Spallated Garniferous Schist	Posted - 2011.02.10 21:55:00 - [28] Edited by: Tasko Pal on 10/02/2011 21:56:16 OMG, there is a short in the thread. How did a short get into the thread? Everyone knows that PLEX is going to take off like Ares 5.
Xintri Ra'Virr	Posted - 2011.02.11 08:06:00 - [29] Originally by: Internet White Knight I think it's more likely that CCP would generate some ISK and buy up PLEX just to destroy them. They could make real money and the only side effect would be destroying the Eve economy. In fact, the Eve economy's pretty shot already. Maybe they have been doing this all along? Maybe GMs and devs spend their spare time on piewat alts outside Jita 4-4 scanning for ships carrying PLEX to suicide gank and destroy them. More free money! /me scrounges for tinfoil. ^This^ I'm more than sure that CCP still controls the market only the way of controlling it changed. In the past they regulate prices via NPC orders but it was lame and they decided to change that. They are doing that more subtle way thease days. How you may ask? It is easy - by controlling stocks. They simply regulate amount of every core product on the market. In other words if there is too many plexes on the market and price is falling rapidly they simply buy out some of the stock using fake alts. CCP will never allow to bring PLEX prices below certain level because it will ruin their buisness. In case you don't know: THEY ARE HERE TO MAKE MONEY. The higher is price of plex the better to CCP. This game exist on market since 2003 and there is almost no inflation on the game market. Do you think how it is possible? Most mmo game's markets was ruined by half of that time by players itself by produceing more stuff than market ever needs and pulling down prices to the level that game's currency had no value. But eve's market is still healthy... Think about that.
Tutskii	Posted - 2011.02.11 08:14:00 - [30] Originally by: Xintri Ra'Virr Originally by: Internet White Knight I think it's more likely that CCP would generate some ISK and buy up PLEX just to destroy them. They could make real money and the only side effect would be destroying the Eve economy. In fact, the Eve economy's pretty shot already. Maybe they have been doing this all along? Maybe GMs and devs spend their spare time on piewat alts outside Jita 4-4 scanning for ships carrying PLEX to suicide gank and destroy them. More free money! /me scrounges for tinfoil. ^This^ I'm more than sure that CCP still controls the market only the way of controlling it changed. In the past they regulate prices via NPC orders but it was lame and they decided to change that. They are doing that more subtle way thease days. How you may ask? It is easy - by controlling stocks. They simply regulate amount of every core product on the market. In other words if there is too many plexes on the market and price is falling rapidly they simply buy out some of the stock using fake alts. CCP will never allow to bring PLEX prices below certain level because it will ruin their buisness. In case you don't know: THEY ARE HERE TO MAKE MONEY. The higher is price of plex the better to CCP. This game exist on market since 2003 and there is almost no inflation on the game market. Do you think how it is possible? Most mmo game's markets was ruined by half of that time by players itself by produceing more stuff than market ever needs and pulling down prices to the level that game's currency had no value. But eve's market is still healthy... Think about that. Weren't plexes worth SIGNIFICANTLY less when they came out? under 100 mill isk even? So much for that theory. As for the inflation I think its due to station traders. We continually drive the price of goods down. That and the ability to produce any good. Since whenever a product goes up in price, the profit margin in making it goes up, more industry people make that product. But then, when selling it, they compete and drive the price down. The main CCP impact was the fixed insurance that set a bottom price level for minerals but that seems to have changed afaik.

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