Pages: 1 2 3 [4] 5 6 7 8 9 10 11 .. 11 :: one page |
|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Gogela
Freeport Exploration Loosely Affiliated Pirates Alliance
1224
|
Posted - 2012.10.08 20:36:00 -
[91] - Quote
I don't think the EvE market could support derivatives trading without a major overhaul (though it would be pretty sweet...). Also, I'm not sure an Icelandic company is ready to start allowing derivatives trading yet... it's too soonGäó. Plenty of scamming in EvE already, anyway.
|
Bart Starr
Aggressive Structural Steel Expediting Services
115
|
Posted - 2012.10.08 20:49:00 -
[92] - Quote
PLEX prices are sizzling.
If you can't take the heat, get out of the kitchen. And get out your wallet.
I don't think scrubs like Krixtal who can't figure out how to earn ISK deserve to play for free. |
Silk daShocka
Lawn Dart Industries
31
|
Posted - 2012.10.08 21:02:00 -
[93] - Quote
I think this may have something to do with people doing circles around beacon in certain complexes in lowsec.
Perhaps it's just the tournament that's coming up who knows |
Kitty Bear
Disturbed Friends Of Diazepam Disturbed Acquaintance
57
|
Posted - 2012.10.08 21:06:00 -
[94] - Quote
BORRIS DEMONTFORD wrote:Get a job?
Not that easy, the global economy is in bad straights Europe is fiscally f*cked due to the Euro The UK economy is in a doubledip recession
New Tesco store opened near me a while back, they advertised for 12 vacancies.. they recieved 950 applications. The national average is almost 20 applicants per vacancy.
Plex .. I'll buy em if they are cheaper than 500m, and keep my -ú9.99 a month If they are more than than 500m, then I'll pay -ú to play and buy shiny mods/faction ships with my ISK. |
Surfin's PlunderBunny
Sebiestor Tribe Minmatar Republic
2632
|
Posted - 2012.10.08 21:07:00 -
[95] - Quote
Finally I invested in something that's not going to bankrupt me this time
Not like those stupid hulks... hulkageddon didn't jack up the prices then CCP decided to mace me good and changed Hulks so the prices plummeted "A genius throws a Molotov cocktail and soon realizes that he's going to die choking in a maze of smoke and flame. A hero drinks a Molotov cocktail and soon realizes that if he does a split in midair, he can hit twice as many zombies per kick. Drunk hero wins again, wusses." ~Cracked.com |
Lors Dornick
Kallisti Industries Solar Assault Fleet
254
|
Posted - 2012.10.08 21:24:00 -
[96] - Quote
Kitty Bear wrote: Not that easy, the global economy is in bad straights
And that's what I think might be a serious fact.
The idea with PLEX was (as stated several times) that people who valued paying X amount of money for 30 days of game higher than grinding Y amount of time in the game.
In many ways, that X vs Y, is related to the amount of free money people have.
As the global economy has troubles, making it harder for people to get jobs (esp young ones, and we do have some under 40 here) it does have an effect.
The current PLEX rush can be a calculated attempt by scheming people (this is EvE after all) but I think it's actually connected to global economy.
And most likely we'll see at least 3 papers from Dr Eyjog students in a year or two ;)
|
Gogela
Freeport Exploration Loosely Affiliated Pirates Alliance
1225
|
Posted - 2012.10.08 21:27:00 -
[97] - Quote
Surfin's PlunderBunny wrote:Finally I invested in something that's not going to bankrupt me this time Not like those stupid hulks... hulkageddon didn't jack up the prices then CCP decided to mace me good and changed Hulks so the prices plummeted Look at the market history of PLEX. It's pretty telling. I'll offer some of my PLEX rules (which may be wrong but it seems pretty right-on to me):
- PLEX is most expensive in Winter, and Cheapest in late Spring / early Summer. (buy low sell high) - PLEX accrues value roughly as a function of inflation. It's therefor an effective inflation hedge for long term investing. - PLEX is typically worth less than what it can immediately purchase. For instance, when CCP allowed people to use a PLEX to get the HD stream of fanfest, HD stream buyers also got 2 T-Shirts and a fancy Iteron IV. It was possible to buy multiple streams and thus multiple items. Flipped on the market for the first month or so, a 500 mil ISK PLEX could be turned into 1.2 billion through Fanfest HD Stream items. - Because PLEX makes a good hedge against inflation, and because it's such a versatile, desirable, and easily transportable commodity, it stands to reason there are already significant stockpiles in the hangers of players. Those PLEX are not being used for game-time. They are being used to maintain the value of this or that capsuleer's fortune. (If you keep 20 billion in ISK for a year it will loose a lot of it's value through inflation. If you put it into PLEX a year later you might get 23 or 24 bil for it, thus preserving your purchasing power). Because I suspect there are so many PLEX out there being used as an investment strategy, I have to conclude that the potential exists, for whatever reason, for it to become in those players interest to dump all of their PLEX to market. This makes PLEX, despite it's track record, potentially volatile. - PLEX year over year has never lost value in ISK terms.
|
DarthNefarius
Minmatar Heavy Industries
378
|
Posted - 2012.10.08 21:32:00 -
[98] - Quote
Skydell wrote:You can get em for 360 mill in Jita local.
TROLOLO You can also buy [/s]2[s]err wait the contract says 1 for 1.1 billion in JITA local Nostalgie ist die Faehigkeit, darueber zu trauern, dass es nicht mehr so ist, wie es frueher nicht gewesen ist. -- Manfred Rommel-á |
Lors Dornick
Kallisti Industries Solar Assault Fleet
254
|
Posted - 2012.10.08 21:32:00 -
[99] - Quote
Gogela wrote:
[shortened to a generic blah]
How about that people have less money that they want to spend on games.
And if there's fewer people to pay and at the same time more people who can/want to spend the time to grind for isk?
The cost of grind vs cash goes up?
Shocking.
|
Gogela
Freeport Exploration Loosely Affiliated Pirates Alliance
1225
|
Posted - 2012.10.08 21:40:00 -
[100] - Quote
Lors Dornick wrote:Gogela wrote: [shortened to a generic blah]
How about that people have less money that they want to spend on games. And if there's fewer people to pay and at the same time more people who can/want to spend the time to grind for isk? The cost of grind vs cash goes up? Shocking. Because that's not what's actually happening. If you want to live in that box behind the pleasure hub all your life keep oversimplifying market mechanics.
|
|
baumjoe
Kopasas
0
|
Posted - 2012.10.08 21:47:00 -
[101] - Quote
RAGE QU1T wrote:The spice MUST continue to flow or brace for havac
I shall chock your navigators of their spice and will bend to my will. |
Lors Dornick
Kallisti Industries Solar Assault Fleet
254
|
Posted - 2012.10.08 21:52:00 -
[102] - Quote
Gogela wrote: Because that's not what's actually happening. If you want to live in that box behind the pleasure hub all your life keep oversimplifying market mechanics.
Well, actually I live in that box behind the pub where a GTC costs about 6 beers.
|
Alavaria Fera
GoonWaffe Goonswarm Federation
1557
|
Posted - 2012.10.08 21:57:00 -
[103] - Quote
Bart Starr wrote:PLEX prices are sizzling.
If you can't take the heat, get out of the kitchen. And get out your wallet.
I don't think scrubs like Krixtal who can't figure out how to earn ISK deserve to play for free. Scrubs, you say ... Those who cannot adapt become victims of Evolugalbugaslugakjlwsdhvbzxd Click for old school EVE Portraits: http://jadeconstantine.web44.net/Maison.htm |
James Amril-Kesh
4S Corporation RAZOR Alliance
915
|
Posted - 2012.10.08 22:01:00 -
[104] - Quote
Bart Starr wrote:I don't think scrubs like Krixtal who can't figure out how to earn ISK deserve to play for free. There are those of us who could with a bit of work make the ISK necessary to buy PLEX every month, but it then becomes a grind to play to grind to play cycle, which is not what I want. http://themittani.com/features/local-problem A simple fix to the local intel problem |
Acac Sunflyier
Burning Star L.L.C.
242
|
Posted - 2012.10.08 22:02:00 -
[105] - Quote
Only way I've been able to PLEX til december is by getting lucky on SOMER Blink. Otherwise the prices are ridicules. There just isn't anything intresting on the front page of the GD anymore. Yawn! |
Acac Sunflyier
Burning Star L.L.C.
242
|
Posted - 2012.10.08 22:03:00 -
[106] - Quote
I'd like to also point out that the rise in PLEX cost does increase inflation as PLEX increases the velocity of isk. There just isn't anything intresting on the front page of the GD anymore. Yawn! |
Alavaria Fera
GoonWaffe Goonswarm Federation
1558
|
Posted - 2012.10.08 22:44:00 -
[107] - Quote
James Amril-Kesh wrote:Bart Starr wrote:I don't think scrubs like Krixtal who can't figure out how to earn ISK deserve to play for free. There are those of us who could with a bit of work make the ISK necessary to buy PLEX every month, but it then becomes a grind to play to grind to play cycle, which is not what I want. It's kind of annoying, isn't it.
Though at least the people selling the plex are happy and hey, they're the ones paying CCP for it so ... Those who cannot adapt become victims of Evolugalbugaslugakjlwsdhvbzxd Click for old school EVE Portraits: http://jadeconstantine.web44.net/Maison.htm |
Valari Nala Zena
Perkone Caldari State
44
|
Posted - 2012.10.08 23:02:00 -
[108] - Quote
I think that increased PLEX prices isn't a good thing for CCP.
The only thing that affects CCP's income, is the amount of accounts active. An active account means someone payed real money, direct or indirect, for it to be active.
So, if i understand correctly, when people decide to deactivate some of their accounts because isk per plex is to high, revenue is lost. |
Soon Shin
Caucasian Culture Club Transmission Lost
157
|
Posted - 2012.10.08 23:16:00 -
[109] - Quote
On the contrary high isk/Real Money Exchange range for PLEX would encourage the sales PLEX more than it encourages RMT.
More people are using PLEX to fund their accounts and less people are buying PLEX, its a two-fold effect that makes PLEXes rise high. |
Shizuken
Venerated Stars
101
|
Posted - 2012.10.08 23:24:00 -
[110] - Quote
Kyt Thrace wrote:Do people really NOT understand Supply & Demand :P
No, they really don't. They have this idea that somehow things have a discrete and intrinsic price. When the price changes there must be someone trying to **** them. |
|
Shizuken
Venerated Stars
101
|
Posted - 2012.10.08 23:32:00 -
[111] - Quote
Valari Nala Zena wrote:
So, if i understand correctly, when people decide to deactivate some of their accounts because isk per plex is to high, revenue is lost.
Except that as the ISK value rises it incentivises more players to pay real money for them as they can now trade them for more in game currency. Ask my buddy why he suddenly decided to buy 8 of them. This would at least partially offset the drop in subs. Also if people stop subbing with PLEX then demand will drop until the ISK price comes back to a level that people are willing to pay.
|
Vertisce Soritenshi
Tactical Vendor of Services and Goods Partners of Industrial Service and Salvage
1761
|
Posted - 2012.10.08 23:53:00 -
[112] - Quote
It's just a matter of time before they come back down again. At some point people will stop paying the high prices. That in conjunction with the people that buy more of them in hopes of getting more ISK for them will bring prices down as the people that have them at higher prices start to reduce their prices in hopes of selling them off.
Supply...Demand... EvE is not about PvP.-á EvE is about the SANDBOX! |
Large Collidable Object
morons.
2003
|
Posted - 2012.10.08 23:59:00 -
[113] - Quote
James 315 wrote:And what do you think is a fair price?
1 bill. You know... morons. |
half of eve
Royal Amarr Institute Amarr Empire
5
|
Posted - 2012.10.09 00:20:00 -
[114] - Quote
I am genuinely shocked that this thread has so consistently appeared every 6 months or so for the last 6 years(maybe more but that's when I started playing), and that every time there's so many people who think CCP has anything to do with the prices. |
Gogela
Freeport Exploration Loosely Affiliated Pirates Alliance
1231
|
Posted - 2012.10.09 00:39:00 -
[115] - Quote
Vertisce Soritenshi wrote:It's just a matter of time before they come back down again. At some point people will stop paying the high prices. That in conjunction with the people that buy more of them in hopes of getting more ISK for them will bring prices down as the people that have them at higher prices start to reduce their prices in hopes of selling them off.
Supply...Demand... I think it's funny people just keep repeating the same line over and over again to support their argument.
(Some) Factors that are variable and influence PLEX prices:
- Customer willingness to buy PLEX with real money to exchange for pretend money.
We have seen a steady climb in PLEX price since it's inception based on game inflation primarily. This is possible because the type of person that plays EvE has been relatively constant, and thus the probability of them buying PLEX is also relatively constant. Playing the DUST beta, I think I can say w/o an NDA violation that using AUR isn't that big of a deal in the game... as you can't buy an advantage... but man it can save you some time. Because of this, I've noticed that whereas I tend to use a PLEX to extend my account in EvE because I'm dumb and forget how cheap the sub is, I'll be using a lot of AUR in DUST... and you know what? It's fine. It's cheap. I can get countless hours of entertainment for a mercenary pack equivalent of AUR every few months. Those DUST players coming into EvE will have fewer logical walls (such as those I think we EvE player have created around MT) in between themselves and a PLEX. Might throw a wrench into the works... to what end I can't say.
- Speculation.
I know PLEX prices are more expensive in the winter... and I'm not alone. Anyone anticipating the bump might be tempted to speculate. The more that do the higher the PLEX prices go. At some point a bigger trader... somebody w/ hundreds or thousands of PLEX, will decide to cash out. This will cause the market to dip a bit, followed by small holder panic, and real PLEX bargains in spring. It happens every year.
- Health of EvE the game and Community.
If people don't think there's going to be a 2014 for EvE, they won't buy a lot of PLEX. If they do, they might get a lot and sub out for a few years.
- Purchasing power of a PLEX.
The question a player thinking about forking over some green for some gold is 'what will this get me.' If the answer is 'three fully fit battleships' well that might sound pretty damn good, and so the PLEX enters the market. If the answer is 'one battleship kinda fit' than it might not be worth 20 bucks. So in very real terms, we attach the price incidentally to actual purchasing power of the PLEX at the time of the transaction between the customer and CCP. If there is a "true" value to a PLEX at any point in time, analysis of the PLEX market should begin here.
- Player RL money situation.
If you 'ain't got no job and you ain't got s*** to do,' PLEX becomes more valuable to your RL economy. If the price of a cup of coffee in one EvE playing country approaches the down payment on a car in another, I'll bet you good (potentially worthless) money that PLEX prices will go through the roof. Billion ISK PLEX? I can assure you it's only a matter of time.
- The stockpiles.
Some players use PLEX to hedge their fortunes against inflation. If you have half a trillion ISK you will loose tens of billions per year in purchasing power due to inflation if you keep it liquid. If those (and there are many) holding large amounts of PLEX have reason to dump them, they will. It will flood the market. It could create a crash that could take months or even longer for the market to absorb.
The fallacy of the "supply and demand" parrots is that YOU don't know what that means! "Demand" is complex. For demand, one wonders will eve be around for a few more years? Do I want to play that long? If it's assumed PLEX keeps pace w/ inflation how much ISK is out there in player hands that's going to get converted to PLEX? Is the likelihood of a DUST player buying a PLEX greater or less than that of an EvE player? The "supply" side is just as bad: what does a PLEX buy in game today? Exactly how many do you suppose are stockpiled in the richest players in EvE's hangers?
You can't just say "supply and demand" and call it good, because no one save the devs can even begin to approach the answers to the questions those two words imply. Supply: No one will tell you what the supply level is. No EvE players know (unless a dev broke the rules). Demand - this you actually can get a sense for if you look at volume over time (I would say a couple of years is good). That said, predicting the future, the most important aspect of "demand", is particularly tricky right now b/c of DUST.
tl;dr; PLEX is a very different kind of commodity. Predicting it's price is not simple. "Supply and demand" is a disingenuous answer. "Supply" is an unknowable number (for us players) and "Demand" requires some research, informed thought, and creative extrapolation. By design or accident, the PLEX market is dangerous, volatile, and very difficult neigh impossible to predict with a high degree of accuracy.
...just my 2 isk
|
Hrothgar Nilsson
Black Core Federation Black Core Alliance
127
|
Posted - 2012.10.09 00:41:00 -
[116] - Quote
I was wondering, is it considered RMT if a Euro has an American get his PLEX for him to take advantage of the favorable exchange rate? http://www.youtube.com/watch?v=ZTzA_xesrL8 |
Ptraci
3 R Corporation The Irukandji
650
|
Posted - 2012.10.09 01:16:00 -
[117] - Quote
Krixtal Icefluxor wrote:
1.2 Billion for 2 PLEX would wipe me out though.
You are doing it wrong.
|
Jack Miton
Aperture Harmonics K162
625
|
Posted - 2012.10.09 01:30:00 -
[118] - Quote
get a RL job, issue solved... |
Gogela
Freeport Exploration Loosely Affiliated Pirates Alliance
1233
|
Posted - 2012.10.09 01:35:00 -
[119] - Quote
Jack Miton wrote:get a RL job, issue solved... New Eden needs PLEX buyers (sans job) just as much as it needs suppliers (Han's job).
|
Bobb Smith
The Scope Gallente Federation
0
|
Posted - 2012.10.09 03:51:00 -
[120] - Quote
Alice Saki wrote:1 Dollar! TWO dollars! Bidding war no? |
|
|
|
|
Pages: 1 2 3 [4] 5 6 7 8 9 10 11 .. 11 :: one page |
First page | Previous page | Next page | Last page |