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Thread Statistics | Show CCP posts - 1 post(s) |

rogueclone2
MANDALORIAN MOTORS Eve Engineering
0
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Posted - 2011.10.31 22:09:00 -
[61] - Quote
i think you missed the point. for eve account you pay $14.95 month for plex you pay $14.95 . as of now it's cheaper to use RLM an get plex then it is to use isk to get a plex. |

IceFyre S18
Zulu Labs Zulu People
4
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Posted - 2011.10.31 22:16:00 -
[62] - Quote
The only relation I see is the isk is cheaper compared to RL money. Devalued or whatever.
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rogueclone2
MANDALORIAN MOTORS Eve Engineering
0
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Posted - 2011.10.31 22:23:00 -
[63] - Quote
right now isk has a higher value then RLM . |

IceFyre S18
Zulu Labs Zulu People
4
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Posted - 2011.10.31 22:27:00 -
[64] - Quote
rogueclone2 wrote:right now isk has a higher value then RLM .
How'so? Don't get it. |

Sator Nyatt
Hedion University Amarr Empire
0
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Posted - 2011.10.31 22:28:00 -
[65] - Quote
There's something else affecting the market, and that's something a little hard to quantify by us, i'm sure an EVE Dev could gather the data though.
Has there been a net reduction in the number of plex being put onto the market? And if so, what is driving this? Why does a person buy $200 worth of plex and sell it on the market? And why has that person stopped doing so of late? |

rogueclone2
MANDALORIAN MOTORS Eve Engineering
0
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Posted - 2011.10.31 22:41:00 -
[66] - Quote
IceFyre S18 wrote:rogueclone2 wrote:right now isk has a higher value then RLM . How'so? Don't get it.
i just may. in 30 day's when i buy my next plexs. if i have to pay over 400 mil for a plex i will stop playing eve |

IceFyre S18
Zulu Labs Zulu People
4
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Posted - 2011.10.31 22:51:00 -
[67] - Quote
Naah, just some of the minerals i mine for free will cost more. |

rogueclone2
MANDALORIAN MOTORS Eve Engineering
0
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Posted - 2011.10.31 23:01:00 -
[68] - Quote
IceFyre S18 wrote:Naah, just some of the minerals i mine for free will cost more.
i have to do the same to.. trit 5.00 isk unit coming soon |

Companion Qube
Positive Cashflow through Positive Thinking SRS.
54
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Posted - 2011.10.31 23:16:00 -
[69] - Quote
Sator Nyatt wrote:There's something else affecting the market, and that's something a little hard to quantify by us, i'm sure an EVE Dev could gather the data though.
Has there been a net reduction in the number of plex being put onto the market? And if so, what is driving this? Why does a person buy $200 worth of plex and sell it on the market? And why has that person stopped doing so of late? You could make a guess that virtually all of the people who were willing to throw $200 at plex did so en-masse during the two discount promotions. That action flooded the market which drove speculators to hoard stacks of plex and drive the price right back up. Now, you'd normally have people willing to trickle more plex in to the market which would stabilize the price, but I'm guessing all of those people already made their space billions buying plex and dumping them during an earlier promotion.
TL;DR: My guess? CCP front-loaded plex market supply for some months with the bulk sales, now those people who would be trickling plex in on a daily basis aren't. edit: Instead, you've got speculators trickling plex back out at inflated prices. People like me, only, this time it wasn't me - I swear 
Up, up and away! (until the next sale anouncement.) |

Sator Nyatt
Hedion University Amarr Empire
0
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Posted - 2011.11.01 00:12:00 -
[70] - Quote
Companion Qube wrote:You could make a guess that virtually all of the people who were willing to throw $200 at plex did so en-masse during the two discount promotions. That action flooded the market which drove speculators to hoard stacks of plex and drive the price right back up. Now, you'd normally have people willing to trickle more plex in to the market which would stabilize the price, but I'm guessing all of those people already made their space billions buying plex and dumping them during an earlier promotion. TL;DR: My guess? CCP front-loaded plex market supply for some months with the bulk sales, now those people who would be trickling plex in on a daily basis aren't. edit: Instead, you've got speculators trickling plex back out at inflated prices. People like me, only, this time it wasn't me - I swear  Up, up and away! (until the next sale anouncement.)
While your argument sounds valid, unfortunately you're basically making it up.
The last 12 months worth of Plex data in The Forge shows that there has been a slight increase in volume traded in plex, and certainly no downward trend in orders placed or numbers of plex traded. Moreover, its only been since plex started nudging past the 400 mil mark you've seen the plex drives, bulk deals, plex instead of time for buddies, most recently 3 plex for power of two or 180 days game time.
You could argue that its a drying up of the market, and supplies aren't coming in, which is possible, although . With 2000+ plex traded a day, accounting for approximately 1/5 of the game time needed, you could make the argument that not all the plex being traded is being consumed.
I would suggest that tech traders are no longer seeing much return in technetium so they're shifting over to plex as another large item that is traded consistenly. I'd also combine this with a recent drop in fresh numbers of plex being put on the market, which has something to do with the supercap nerf (a titan used to cost an entire day's worth of plex trading in jita) and uncertainty surrounding these ships making people not willing to plex it up to get their super pilots and ships.
Without the fresh sellers coming in its probably a lot of traders just passing plex around. 200 plex traded daily would account for about 1/5 of the subscription base, but without any numbers on how many people CC their account vs. PLEX, amount consumed per day versus traded per day is just a complete blind guess. |
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Tidurious
The Dirty Rejects Scelus Sceleris.
10
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Posted - 2011.11.01 00:13:00 -
[71] - Quote
Lol, PLEX are now over 450M in Rens... Glad I stocked up (from the market, not RLM) during the drop a week or two ago when CCP announced their deal about 13 PLEX for $200...
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Companion Qube
Positive Cashflow through Positive Thinking SRS.
54
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Posted - 2011.11.01 02:06:00 -
[72] - Quote
Sator Nyatt wrote:You could argue that its a drying up of the market, and supplies aren't coming in, which is possible, although . With 2000+ plex traded a day, accounting for approximately 1/5 of the game time needed, you could make the argument that not all the plex being traded is being consumed.
...
Without the fresh sellers coming in its probably a lot of traders just passing plex around. 2000 (in jita alone) plex traded daily would account for about 1/5 of the subscription base, but without any numbers on how many people CC their account vs. PLEX, amount consumed per day versus traded per day is just a complete blind guess. A couple of things you should know about the plex market:
A significant chunk of daily trading is margin flipping. I spent a day poopsocking jita plex once when I was sick and flipped something like 500 units by myself. (Note: don't bother, you might as well go work at mcdonalds and buy some plex with dollars instead - you'll make more isk per hour and have more fun.) Considering that Jita daily volume is around ~2k or ~2.5k that means I had my fingers on around half or a third of the daily transactions in the market. I _think_ that's about how much of the market is margin flipping on any given day, and obviously it's going to fluctuate.
Unless there's a big price move in a single day, like a crash, most of the time plex doesn't go from trader to trader it goes from plex producer to trader and trader to plex consumer. Most of the time there isn't enough profit in buying from another trader unless, like I said before, there's a big market move in a single day - there simply isn't enough margin to split with another party.
Also, totally not debating that I'm guessing, short supply due to CCP flushing out all the plex producers early is the best guess I can make with all the info I have.
edit: if, say, 40% of the market on any given day is margin flipping that means 60% is buying/selling for consumption or stockpiling - the question then is how much of it is consumption, how much is speculation and how much is as a hedge against isk inflation. |
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CCP Spitfire
C C P C C P Alliance
383

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Posted - 2011.11.01 07:33:00 -
[73] - Quote
Offtopic posts removed. Please keep the discussion civil.
CCP Spitfire | Russian Community Coordinator @ccp_spitfire |
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rogueclone2
MANDALORIAN MOTORS Eve Engineering
0
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Posted - 2011.11.01 14:15:00 -
[74] - Quote
to CCP Spitfire
are we going to see a plex cap soon ? |

Companion Qube
Positive Cashflow through Positive Thinking SRS.
54
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Posted - 2011.11.01 14:53:00 -
[75] - Quote
rogueclone2 wrote:to CCP Spitfire
are we going to see a plex cap soon ? notsureifserious.jpg |

IceFyre S18
Zulu Labs Zulu People
4
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Posted - 2011.11.02 18:19:00 -
[76] - Quote
Panic mode have replaced the Greed mode. |

Malcanis
Vanishing Point. The Initiative.
958
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Posted - 2011.11.03 11:58:00 -
[77] - Quote
Shanlara wrote:plex prices are getting out of hand, either ccp soon steps in or this will actually hurt them, while people might be more inclined to buy plex's to get isk cause of the sick buy orders atm, the numbers of active accounts for people who don't have irl money to pay for accounts will begin shutting down at these prices, over the past month plex's went up with nearly 100m a unit, I'm one of those while I have a decent among of isk, I don't have enough to begin paying half a bill for a plex, so in afew days my accounts will begin going inactive till plex prices goes stable again, so I wonder if ccp will let this happen or if they are gonna step in a some point.
So what exactly do you expect CCP to do?
Introduce a market cap?
Spawn ISK to buy PLEX, then relist them more cheaply?
Cut the dollar price of PLEX to encourage more people to buy them?
End the world recession, giving people more money to spend on leisure and increasing employment so they have less free time to spend grinding?
Nerf ISK fountains/Buff ISK sinks?
Each of these solutions to the Canute problem has some superficially attractive features, but they'll all end with giving CCP wet feet. Malcanis' Law: Any proposal justified on the basis that "it will benefit new players" is invariably to the greater advantage of older, richer players.
Things to do in EVE:-áhttp://swiftandbitter.com/eve/wtd/ |

El 1974
Bendebeukers Green Rhino
21
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Posted - 2011.11.03 13:08:00 -
[78] - Quote
Malcanis wrote:So what exactly do you expect CCP to do? I expect CCP will soon start taking in pre-orders for Dust514. In that package CCP can put 1 (or several) PLEX and a free 21 day trial for Eve Online. The PLEX can be used for 30 days Eve gametime, sold for ISK or converted to Aurum. |

Lexmana
Imperial Stout
41
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Posted - 2011.11.03 14:11:00 -
[79] - Quote
Who thinks power for two may have something to do with the PLEX rally? |

Florestan Bronstein
The Waterworks
156
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Posted - 2011.11.03 17:49:00 -
[80] - Quote
Sator Nyatt wrote:Why does a person buy $200 worth of plex and sell it on the market? because he wants a supercap.
most common options to get into a supercap are in my experience (no particular order)
(a) grind incursions or sleeper sites for a few weeks/months (b) sell the main character on your 2nd/3rd account (c) sell PLEX |
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Marty Chang
Yarrbear Inc. Empire Genocide
0
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Posted - 2011.11.15 13:06:00 -
[81] - Quote
Nice, 500m now |

Derath Ellecon
Washburne Holdings
34
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Posted - 2011.11.15 16:26:00 -
[82] - Quote
Try 590m |

Marielle Toralen
School of Applied Knowledge Caldari State
0
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Posted - 2011.11.15 16:38:00 -
[83] - Quote
IceFyre S18 wrote:rogueclone2 wrote:right now isk has a higher value then RLM . How'so? Don't get it. A quick google reveals a sample RMT price of 1b isk for $20. Plex is at 500m and climbing. 500m for $15 isn't quite competitive with RMT, but it's heading that way. If plex hits 700m as some are predicting then it's going to be VERY competitive with RMT, due to the fact that nobody's taking any risks of punishment.
If plex prices get much closer to RMT you can expect a surge of pruchases and the price to crash again almost instantly as the market is flooded.
e: prices spiked to 540m in the time it took to type this. |

Cassuriel
School of Applied Knowledge Caldari State
0
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Posted - 2011.11.15 18:49:00 -
[84] - Quote
It's nothing complicated, just Supply vs Demand.
There's more demand than there is supply.
rogueclone2 wrote:IceFyre S18 wrote:rogueclone2 wrote:right now isk has a higher value then RLM . How'so? Don't get it. i just may. in 30 day's when i buy my next plexs. if i have to pay over 400 mil for a plex i will stop playing eve
While it would be a great loss to lose any member of our glorious community, it would have the side effect of creating less demand, and thus you would in your own small way have the effect on Plex prices that you desire. Less Demand > lower prices.
Of course, thats little consolation if you've quit. |

Shizuken
Venerated Stars
0
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Posted - 2011.11.15 21:14:00 -
[85] - Quote
Sator Nyatt wrote:Companion Qube wrote:You could make a guess that virtually all of the people who were willing to throw $200 at plex did so en-masse during the two discount promotions. That action flooded the market which drove speculators to hoard stacks of plex and drive the price right back up. Now, you'd normally have people willing to trickle more plex in to the market which would stabilize the price, but I'm guessing all of those people already made their space billions buying plex and dumping them during an earlier promotion. TL;DR: My guess? CCP front-loaded plex market supply for some months with the bulk sales, now those people who would be trickling plex in on a daily basis aren't. edit: Instead, you've got speculators trickling plex back out at inflated prices. People like me, only, this time it wasn't me - I swear  Up, up and away! (until the next sale anouncement.) While your argument sounds valid, unfortunately you're basically making it up. The last 12 months worth of Plex data in The Forge shows that there has been a slight increase in volume traded in plex, and certainly no downward trend in orders placed or numbers of plex traded. Moreover, its only been since plex started nudging past the 400 mil mark you've seen the plex drives, bulk deals, plex instead of time for buddies, most recently 3 plex for power of two or 180 days game time. You could argue that its a drying up of the market, and supplies aren't coming in, which is possible, although . With 2000+ plex traded a day, accounting for approximately 1/5 of the game time needed, you could make the argument that not all the plex being traded is being consumed. I would suggest that tech traders are no longer seeing much return in technetium so they're shifting over to plex as another large item that is traded consistenly. I'd also combine this with a recent drop in fresh numbers of plex being put on the market, which has something to do with the supercap nerf (a titan used to cost an entire day's worth of plex trading in jita) and uncertainty surrounding these ships making people not willing to plex it up to get their super pilots and ships. Without the fresh sellers coming in its probably a lot of traders just passing plex around. 2000 (in jita alone) plex traded daily would account for about 1/5 of the subscription base, but without any numbers on how many people CC their account vs. PLEX, amount consumed per day versus traded per day is just a complete blind guess.
I agree with this dude. The volume of sales has been at least constant. The increase in price is driven by a drying up supply. Whether this is speculators or people actually consuming them for game time, AUR, or other accounts one cannot say. If it is speculation though, the market will crash, and fast. When it starts, it will already be too late for most.
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Mr Bill Bravor
State War Academy Caldari State
1
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Posted - 2011.11.15 21:29:00 -
[86] - Quote
There is a rumor that the new ship skins will be bought with Aurum so my guess is that people are hoarding their plex for when the winter expansion goes online. This will essentially create a greater demand for plex. How long the demand stays high will depend on if the skins need to be replaced if the ship gets popped or not.
Anybody have an official answer if that rumor is true or not?
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Razz XXX
Vashta Nerada Corp
0
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Posted - 2011.11.15 21:39:00 -
[87] - Quote
Jita at 513 but still see future above 600+. I'm starting to see some smaller regions at 600+. |

Killstealing
Broski Enterprises Elite Space Guild
154
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Posted - 2011.11.15 21:54:00 -
[88] - Quote
go sleep for an hour
plex prices at 514m in jita
hahahaha oh lord this will be a hard month to buy 4 of those |

Alisarina
Center for Advanced Studies Gallente Federation
6
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Posted - 2011.11.15 22:51:00 -
[89] - Quote
I threw up 5 of my stock I picked up at 400 mill earlier at 560 mill and they sold last night...going to suck when they break 600 mill per next week if the price jumping trend continues, however going to be nice for profit margins when they do go higher. |

Claire Voyant
20
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Posted - 2011.11.16 00:02:00 -
[90] - 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. |
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