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Demon View
24th Imperial Crusade
Amarr Empire
15
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Posted - 2011.10.30 18:38:00 -
[1] - Quote
Malcanis wrote:The price of PLEX is based on how long it takes people to make enough ISK to buy one. Making ISK is massively easier than it used to be, ergo the ISK price of PLEX has risen.
Barring truly outrageous feats of market manipulation, CCP's optimum course is almost always to le the player market decide on the value of a PLEX. If CCP try to artificially lower it somehow then they encourage people to simply RMT ISK rather than buy a GTC and convert it to PLEX to sell, leaving even fewer actual PLEX on the market for other players to maintain accounts with.
(Emphasis added.)
http://www.eveonline.com/news.asp?a=single&nid=4717&tid=1
Give the PLEX sellers a deal -> supply rises while demand remains stable -> prices fall. With the deal in bulk to make both the PLEX sellers and CCP feel better about lower unit earnings. (CCP may also be feeling better with PLEX that they see gets turned into AUR.)
So this is probably their plan. And the underlined bit is what's uncertain about the plan. |
Demon View
24th Imperial Crusade
Amarr Empire
22
|
Posted - 2011.10.31 21:25:00 -
[2] - Quote
SilentSkills wrote:I thought CCP has been actively seeking a viable ISK sink.
I don't see how rising PLEX prices are a bad solution to their problem.
Apart from taxes paid, PLEX sales sink no ISK. ISK is just transfered from the buyer to the seller. |
Demon View
24th Imperial Crusade
Amarr Empire
22
|
Posted - 2011.10.31 21:44:00 -
[3] - Quote
Brooks Puuntai wrote:Iam waiting for someone to say that CCP are seeding plexs on the market in order to generate a isk sink, as well as manipulate the market to raise prices.
To be a sink, and to raise prices, they'd have to be seeding buy orders for PLEX, not sell orders as you seem to mean.
... and yeah, that'd work. No real downside for CCP, apart from the fury that would be directed their way if this were exposed.
That said, it'd be weird for them to act to reduce supply (by seeding buy orders) while at the same time acting to increase supply (by offering bulk deals for PLEX through their website.) EDIT: that is, it'd be weird if price manipulation were the goal. |
Demon View
24th Imperial Crusade
Amarr Empire
22
|
Posted - 2011.10.31 22:05:00 -
[4] - Quote
Brooks Puuntai wrote:Demon View wrote:[quote=Brooks Puuntai]No. If CCP seeded buy orders then they would be creating a ISK faucet Woops, that's true. I was distracted by the PLEX that's being 'destroyed' in that case - that's not getting turned into account time or AUR. So NPC buy orders would raise prices in two ways. [quote=Brooks Puuntai] since people would be dumping plexs into CCP buy orders and getting Isk out of thin air, it could cause prices to go up however. If CCP was seeding sell orders then they would be taking isk away from the game completely and be able to seed enough to raise the prices. HOWEVER this would be incredibly stupid because they would lose a **** tone of RL $$ since they are giving away subs. My original statement however wasn't serious. |
Demon View
24th Imperial Crusade
Amarr Empire
22
|
Posted - 2011.10.31 22:18:00 -
[5] - Quote
1-Up Mushroom wrote:EDIT: After I posted this umm post, I went back and saw the guy 2 posts above me and read this
"Its that whole supply and demand thing, drive up the plex price far enough people will just quit, demand goes to 0. and all of these people who bought up plex thinking they are going to make billion lose all their money.
If you are going the whole invest in plex, i woudl suggest you start selling now."
This guy can't be more right, people don't always realise when tons of people invest in something that's needed, the price will eventually rise high enough and nobody will buy it then the price will drop and most people will lose tons of money
If you buy a ton of PLEX at 400mil, thinking to sell them a month later at 600mil, and find instead that a month later the prices are down to 300mil, then this was indeed a failed investment. However, this is Eve, not the real world; you're under no pressure whatsoever to sell these PLEX off at the 300mil price. You can just use the PLEXes yourself to play for 'free' for a long time, maybe on several accounts, and if prices ever rise again you can start to sell them off. Not the return you were expecting in the time frame that you were expecting, but not a cataclysm.
Also, don't invest what you can't afford to lose. |
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