Heard your mom breached jersey shore beach last weekend

So that's why mean ole Qube drove up the price of PLEX. So he/she can troll MD. Now I'll have to pay for my army of forum alts with real money. This is so unfair.

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?

Doesn't CCP want PLEX prices to go up?

Doesn't CCP want PLEX prices to go up?

The steady, if slow, gain in subs doesn't seem so sure anymore and players using PLEX for game time has to hurt their bottom line.

I mean...I haven't paid for this game in, like, forever.

Doesn't CCP want PLEX prices to go up?

The steady, if slow, gain in subs doesn't seem so sure anymore and players using PLEX for game time has to hurt their bottom line.

I mean...I haven't paid for this game in, like, forever.

PLEX manipulation is underway. Prices are now selling at 430mil

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.

CCP should add docking fees to NPC stations based on standings, best ISK sink ever.

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.

[quote=Ave Volta]...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.

My line of reasoning, which I didn't really spell out, was essentially what Claire said.

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.

I mean, with the massive amounts of isk floating around, idle or otherwise, I would think PLEX could go up a decent amount before people start to deactivte alts. But maybe I'm wrong.

/edit typo

Or add fuel to the game. E.g. you get the listed PG & Cap with no fuel use. Install a power generator mod (new) and put fuel in the cargo hold and you get improved PG & Cap. But it costs you fuel and cargo capacity.

Increased fuel cost is an isk sink plus the creation of fuel adds to PI and ice mining. It will also tend to make ships more effective & cost efficient in their home areas as those will be the natural sources and markets for their racial ship fuels.

apparently CCP is putting out another plex deal to try and deflate the isk value of PLEX by oversupply

classy CCP, classy

QPE 2 anyone?

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?

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.

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.

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

People have no problem buying 500M or 800M isk PLEX to play.

They work couple of days to pay for plex. Working a week or 2 weeks for plex is long distance from this price.

Why would you think that? People with multiple accounts are likely to cut back. For example, if someone has 10 alts mining ice at, say, 10 mil per hour, then they'd have to mine for 40 more hours before they could make up the new higher cost of maintaining that many alts.

And people who don't earn large amounts of isk either through grind or investment probably won't be interested in working a bunch more hours merely to maintain their current wealth.

I am waiting one of next promotions where for 199$ I'll get 13 PLEX, T-Shirt, Mug, EVE magnet, a pen, boots, battleship model, couple of other trinkets and bunch of ingame stuff including 2 monocles.

Well, we have, but it seems not all listen.

A personal mail would have been nice.

But honest, you would not beleive me.

right now isk has a higher value then RLM .

How'so? Don't get it.

Naah, just some of the minerals i mine for free will cost more.

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.)

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.

to CCP Spitfire

are we going to see a plex cap soon ?

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?

Why does a person buy $200 worth of plex and sell it on the market?

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 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.

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.

I hope they go back down to around 400mill soon.

All eyes are to CCP.
Basically we need new players and expensive shinny stuff.

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 ?

No one is puying extra plex to sell on the market becuase there is a massive isk fountain in EVE now.

I am afraid you completly missed the point of the previous poster, he is an example of a person who moved from a supplier of plex to a consumer of plex, simply because of the disaster that is Incursions. I am pretty sure there are plenty of people in this catagory who spend a 4-5 days a month "making money" and the rest spending it, and whatever the shortfall is made up in plex. They do not mind spending the money from the outside so they bought plex.

For example a person who spends 20-25 hours a month earned them 800 mil to a billion missioning so they needed a little more for multiple account, cool toys etc and they paid for their account with money. Now they run Incursion and make 1.6 billion to 2.5 billion and that covers all the toys and maybe the plex for the alt account, so this guy went from a net 1 supplier of plex per month to a net -2 consumer of plex in a month.

I think this is a huge impact on the market, maybe wrong but it pretty much has to be part of it.

We don't know how isolated his experience is... and he may have been getting to the power missioner level anyway without incursions... but all things being equal I'll trust his own words.

This change would point to a drop in volume, or if not a drop in volume a commensurate increase in people creating and selling isk to make up for the supply he and other's like him curtailed.

All in all if true we can surmise:
- (If above) people spendint $ are getting more isk per $ l
- people running excusrions are geting more Isk per hour
- people who don't enjoy running excursions or don't believe in spending incremental $ to achieve game goals are seprated that much further than before from those two groups.

CCP still depends on regurlar subscribers for a very very large percentage of their income. If people paying one subscripton a month feel increasingly seperated in resources, it becomes a game play issue. Of course this has always been something that existed, but vast differences were more left to outliers than the incursions theory coupled with steady plex volume realiizng higher isk per $ suggests.

Yarrrrr