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Author	Thread Statistics \| Show CCP posts - 1 post(s)
Claire Voyant 4	Posted - 2011.10.05 18:49:00 - [1] - Quote Companion Qube wrote: So, sell side orders have already breached 400m per unit in Jita - anyone want to place bets on when CCP will crash the price again with a new promotion? The ONLY thing CCP can do to crash the PLEX market is get more players into the game and buying GTCs and PLEX to sell for isk. So with any luck the most recent dev blogs are the sign you are looking for.
Claire Voyant 4	Posted - 2011.10.05 20:08:00 - [2] - Quote Ave Volta wrote: Doesn't CCP want PLEX prices to go up? What CCP wants is to increase the number of PLEX and GTC people buy for cash. To the extent that higher PLEX prices (in isk) make those PLEX more valuable to players and make them more likely to spend their cash on them, yes. But if you assume that CCP cares only about the price of PLEX, then that path leads to all kinds of wacky theories. They are far more concerned about the number of PLEX converted than the market price. Edit: Many of us older players have multiple alts all paid for by PLEX. If the price of PLEX ever rose so high that we decided to cut back on our PLEX usage we'd probably be more likely to reduce the number of our accounts than to start paying real life money for Eve again.
Claire Voyant 4	Posted - 2011.10.06 10:14:00 - [3] - Quote Ave Volta wrote: Seems to me PLEX could go a bit higher still to achieve the optimal equalibrium that CCP would desire. Maximizing the attractiveness of converting cash to PLEX while not going so far as to turn of buyers of PLEX for game time. My point is that CCP doesn't (or shouldn't) worry about the equilibrium. Any student of Econ 101 will tell you it will take care of itself. What CCP cares about is lifting both the supply and demand curves. If demand rises faster than supply prices will go up. If supply rises faster than demand prices will go down. CCP has access to information we traders don't. They know how many people are paying cash for PLEX and GTCs to convert to PLEX. They know how many subscribers are using PLEX to pay for game time. In other words, they know the actual end-user supply and demand. They don't have to stare at the tea leaves of the market to determine what direction things are going in. They are however concerned about short-term shocks caused by CCP action. The case in point was Incursions that brought in a lot of new players who bought GTCs to sell for isk while simultaneously returning learning skill points causing a massive surge of capital skill book purchases and a huge isk sink. If it happens again, CCP plans to temporarily buy up surplus PLEX to support prices and inject isk into the market.
Claire Voyant 5	Posted - 2011.10.07 15:02:00 - [4] - Quote Kara Books wrote: their gonna push it to 500, at which point I suggest you take down your buy orders. 1) I didn't see a flood of people last month nor the month before that. I see winter coming, AKA, Slow months. I see a few new shiny super-titans in the peoples garages who are pulling this off. I see mineral prices growing at an alarming rate, over a very short period of time. I see myself doing the exact same thing with 1 trillion or more ISK on hand. I see my cup of coffee getting cold, so I will stop here. 2) Because that's exactly what I would do. Only other option is, 2 penny basher's are tugging on that penny and a new type of wire made out of plex is about to be introduced into the eve online merchant community, with the unfortunate side effect of plex prices going up temporally. I hope this is not too late, but you need to get to an Emergency Room as soon as possible. Better yet, just pick up the phone and dial 9-1-1. They will take care of the rest.
Claire Voyant 6	Posted - 2011.10.15 15:09:00 - [5] - Quote Endeavour Starfleet wrote: If you try to game the PLEX market. Expect CCP to respond period. PLEX has grown active accounts by leaps and bounds and stomped out a fair bit of RMT. When are folks going to learn. The sweet spot for PLEX is 350-375 or so. So how high do PLEX prices have to go to convince you that you are wrong and that CCP doesn't give a damn about how high they are? Hint: the people who actually pay money to CCP are quite happy to see PLEX prices in the stratosphere. You may b!tch and moan all you want, but you are merely a consumer of PLEX. As long as someone else is willing to pay the market rate, CCP doesn't care who buys them. Is the board of Nike concerned that people pay $120 for their worthless shoes? As long as people keep buying them, they are happy. It's when they stop buying them, that they get concerned. Likewise CCP only worries when PLEX prices fall too low. Sweet spot my ass! It's what the market will bear.
Claire Voyant 6	Posted - 2011.10.16 02:48:00 - [6] - Quote Tasko Pal wrote: Given that they suddenly came up with a PLEX deal when PLEX threatened to hit 450 (and this is the second time they've done so, I might add), they really don't want PLEX too expensive. That is not the only explanation. Obviously when they run a volume discount deal, they expect to get a bunch of people buying large chunks of PLEX and putting them on the market. This can't help but depress PLEX prices. The problem is assuming that this is the motivation for the promotion. In actuality, the promotion is run by the marketing department in order to increase revenue from PLEX sales. The important point is to realize that they wait until PLEX prices are high so they can run the promotion without crashing PLEX prices too much in the process. You could argue that this amounts to the same thing. If the marketing department has been given instructions not to run PLEX promotions unless the price of PLEX is over a certain level, then the Marketing people will probably pretty much just take the liberty to do so whenever that point is hit and it would amount to the same thing as a PLEX price target. But that is not the only way this could work. The criteria could involve a rising price target. It might only kick in if the price goes a certain amount higher than it did before the previous promotion. Or it could be determined by the actual volume of PLEX purchased from CCP and promotions might only be run during slack periods when sales are low in order to smooth out the revenue stream. I think the way to settle this is to see what happens in the next month or so. If the past is any guide, PLEX prices should peak in mid-November at around 440-450 million isk. I also think CCP will avoid PLEX promotions immediately before the usual pre-expansion rush because it will just cost them sales. I think if there are no promotions during the entire month of November AND PLEX tops out at at least 440 during the month then it is safe to say that the Marketing Department has not just been given a price target.
Claire Voyant 8	Posted - 2011.10.16 10:58:00 - [7] - Quote Diomedes Calypso wrote: You got the Nike thing backwards CCP wants to sell the maximum plex possible.. fair deal capitalism.... they get less money per isk purchased if prices for plex in isk go UP.. There are a lot of cross currents and other motivations in terms of retaining players etc that are also valuble. but a 120$ of shoes is 200 million per plex, a 90 dollar pair of shoes is 300 million and a 60$ pair of shoes is 400 million... the higher the isk it takes to buy a plex.. the less real life money CCP gets from people using $ to buy a loki. like I said there are other factors.. but as long as you brought up the tennis shoes.. might as well get that part sorted out That would be true if demand was inelastic (not price sensitive), if there was no competition, and if people were forced to play Eve and buy isk. You imply that CCP should maximize the amount of RL dollars people need to pay to buy a single loki, when in fact what CCP wants to do is maximize the amount of RL dollars people pay them (CCP) in order to buy lokis (however many they want) and all the other crap they need.
Claire Voyant 20	Posted - 2011.11.16 00:02:00 - [8] - Quote Shizuken wrote: If it is speculation though, the market will crash, and fast. When it starts, it will already be too late for most. The current forecast is for speculator tears beginning by this weekend, building heavily for the next three months.
Claire Voyant 20	Posted - 2011.11.16 14:17:00 - [9] - Quote Marty Chang wrote: Do you think prices will go down to 400m again one day ? Or are we just gonna have to buy our plexes 900m next year ? You do realize these are not mutually exclusive.
Claire Voyant 20	Posted - 2011.11.16 14:29:00 - [10] - Quote Dirty Weegie wrote: No one is puying extra plex to sell on the market becuase there is a massive isk fountain in EVE now. It looks like that massive isk fountain is being used to speculate in PLEX. Hint: The longer these prices are maintained over the next few weeks, the more PLEX will come into the game, and the deeper and harder the crash will be. I'm looking forward to it.

Claire Voyant 20	Posted - 2011.11.19 02:18:00 - [11] - Quote IceFyre S18 wrote: Claire Voyant wrote: Shizuken wrote: If it is speculation though, the market will crash, and fast. When it starts, it will already be too late for most. The current forecast is for speculator tears beginning by this weekend, building heavily for the next three months. Yarrrrr Here comes the monsoon season, right on schedule.

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