Varo Jan
Caravanserai Consulting
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Posted - 2011.06.29 17:49:00 -
[1]
 Originally by: Akita T
The PROBLEM is that more PLEX are being created by people that want to buy ISK with them than the number which are used up by people to pay for their accounts.
Normally, you would say that this would be an impossible situation - and with GTC, you would have been right.
That was because GTCs could not be stockpiled - or, at least, impossible to stockpile after the "RMT killing" measure of having GTCs automatically apply to the purchasing account in a secure trade was implemented (alongside forbidding GTC trades outside the secure trade system).
As soon as PLEX was introduced, this was something that could be stockpiled... and it was.
Heavily.
The current guesstimates put the PLEX stockpiles that exist in the game right now at anywhere between 80k and 400k units of PLEX.
That's between 1.4 and 7 million USD just sitting there waiting for many somebodies to claim for personal use and NOT pay a sub with new cash anymore (while still sticking around).
And still growing.
THAT is the problem with PLEX.
CCP is not in financial trouble / about to go bankrupt, as some idiots are suggesting. Analyse their financial statements and you'll see a company that sensibly raised equity, not debt, to fund new products; healthy cash balances; only one bank loan; and a sound profit retention policy. They could suffer in future if their ambitious expansion plans don't pan out - but that's in the future and idle speculation is just silly.
PLEX is not a problem to CCP. You are confusing in-game balancing issues with real world financing. Read their accounts, look at deferred income as a percentage of subscription sales - and in absolute terms, draw your own conclusions, bearing in mind deferred subs includes 3, 6 and 12 month subs and may well not include PLEX at all.
There's plenty of valid indignation in the forums, but there's also a whole lot of silly hysteria. That's bad enough without you of all people adding fuel to the bonfire of silliness.
And I agree with RAW. Your proposition would be illegal, in my view. Besides, it's so convoluted it beggars belief.
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