
Mister Rocknrolla
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Posted - 2011.03.17 15:32:00 -
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Originally by: SencneS
Originally by: Vaerah Vahrokha Don't you think it'd take a staggering amount of billions to do this?
I need to counter-balance just about 12-14B in PLEXes, the warehouse would factually create a deleveraged equity of something like 1:100 or below.
Well I didn't say it would be easy or cheap just would solve the issue at hand 
Even on a small scale with a small amount of PLEXes in inventory could be enough to adjust the market trend in the direction you require to "stabilize" it.
The big problem with PLEXes is a lot of people including myself monitor/track their price and take opportunities to buy/sell them when the market is ripe. Knowing someone out there will screw the opportunity of quick short term gains at a moments notice would deter a good number of people who view them like I do.
I'd be less inclined to buy them cheap, and sell them high if I knew at a moments notice you could come along and dump your inventory in an attempt to keep the price low. Remove those traders that consider PLEXes in this way by advocating and using ISK to stabilize the market would most certainly lower the speed in which PLEXes raise and lower in price. While they would still fluctuate, the frequency and speed of that fluctuation would be less noticeable. The less noticeable it becomes the more likely people such as myself would just not bother with using PLEXes in a way to make short term quick gains.
Sure, it would take loads of ISK, but we're talking about doing something to help everyone play EVE at reasonable price or time usage. In my mind PLEXes shouldn't be something people trade for pure profit, from a "game" perspective they have NO place in EVE, at least in terms of environment. These are "CCP" usable items, not "EVE" usable. The only function they serve is to allow you to play the game longer. While I have no qualms about using them for profit generation, using them this way they are not in the "spirit" of New Eden. So devising something to stabilize their price is not anti-capitalism or outside of the spirit of EVE, but a 3rd party service to assist those who use PLEX to continue to play EVE.
Someone used the phrase "mission creep" in the other thread.
This thread also seems to be enlarging the scope of the original intent of the project.
As someone stated above in this thread...the concept "collect isk, buy plex, send to CCP" is simple and clean. I never thought of the fund sitting on a pile of isk, only a pile of PLEX. I pictured the fund collecting isk throughout the day, purchasing PLEX once per day, and ending the day with...say...no more than 500M in liquid isk daily.
Just thoughts from the penny-seats.
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