It seems that PLEX might hit the 600 million mark sometime soon and I am thoughtful to why this is happening now.

EVE population is down because of the return to school so one would think there would be less isk generation to buy PLEX which would entail the price should go down (but its not).

However, could it mean that students are more likely spend money on PLEX to sell on the market?

And that without them, there is less to go around.

Certainly its not really inflation because mineral prices are still at a year low.

So what do you think is cauing the upward price movement?

PLEX price will keep increasing due to people not wanting to pay for EVE as it is such a bad game. This will increase PLEX demand and reduce PLEX supply. And the rate of increase will increase exponentially.

It seems that PLEX might hit the 600 million mark sometime soon and I am thoughtful to why this is happening now.

EVE population is down because of the return to school so one would think there would be less isk generation to buy PLEX which would entail the price should go down (but its not).

However, could it mean that students are more likely spend money on PLEX to sell on the market?

And that without them, there is less to go around.

Certainly its not really inflation because mineral prices are still at a year low.

So what do you think is cauing the upward price movement?

PLEX price will keep increasing due to people not wanting to pay for EVE as it is such a bad game. This will increase PLEX demand and reduce PLEX supply. And the rate of increase will increase exponentially.

It's because goons use ISBoxer to run hisec incursions while ganking their hauler alts in tier 5 FW plexes and ******* salvage ALL cap escalations with dual Noctises that they scammed from RMT renter alliances.

I hope this clears this matter.

I don't know why it happens, but for some reason around the end of the year PLEX prices go up. Typically through december you can see PLEX go as high as 700-750 mil ea but then in the spring they come back down to the 500 level. It's just the cycle I've seen since PLEX was introduced... but I don't know why it happens.

Less people playing EVE in September - November = higher price. Price will fall in February-April though it probably will be higher than 530 mil minimum during last summer. It's good moment to invest into PLEXes and sell them 1-2 months later with 25-40% profit.

Why should he gtfo, does the truth hurt?

CCP is buying plex from the market inorder to drive the price up so more new players will be tempted to buy them and cash them out. Apply tinfoil hat now.......


Will we ever have proof that CCP seeds or buys plex off the market? We know they do we just dont have proof on the extent of the manipulation.

Will we ever have proof that CCP seeds or buys plex off the market? We know they do we just dont have proof on the extent of the manipulation.

If EVE was truly such a bad game, people would not play it. If you're playing the game, don't moan about it being "so bad". The line between constructive criticism and outright whining is not a thin one.

Actually, we don't know that they do, and we have proof of the manipulation.
The main difference is that they're reusing confiscated PLEX rather than seeding new ones or buying existing ones.

what proof do you speak of?

Simply less people would be relative. There would be less buying both in game and out of game and it would still be about the same price. Seems more likely school students buy more plex and don't play during the school months.

I play EVE in the sense I log on and adjust my ques maybe fool around trading, that's about it.

Local chat makes the game a dull campfest be it gate or station and wormholes are too much of a logistics pain to be a cure for the ailment.

I have no problem admitting I pay to play a bad game. I hope eventually CCP will see the light, EVE has promise, but as it stands its a big pile of mediocre poo and the guys remarks about plex and paying for a bad game are spot on.

The notion school does this or that I believe is off base. Most people in school aren't dropping cash for plex. Adults with free income to do so, do. The school kids want to play free and when they go back to school the demand should drop if the theory were grounded. It doesn't and i'd wager it won't. My reasoning is partly due to what the post I defended suggested that more and more are not wanting to pay for EVE because the enjoyment factor requires hours to produce minutes of fun and the people who are original buyers/sellers of plex are finding less and less reason to continue buying more. A few billion of ISK is all youll really need in highsec where most play as there is a upward ship size you can use and with the protection of local nowhere near enough death occurs to give the demand ISK should have.

Nullsec as a lifestyle requires something that plex can not buy nor can a bigger ship impart. Numbers. Since there is no worthwhile reason to go through the hassle of getting those numbers (you'd need quite a few to compete with null power blocs) Highsec is where most end up and will remain.

War is a waste of ISK. War is essential for a healthy highsec. High sec rots. The supply of plex dwindles while the demand peaks . The demand isn't peaking because of high numbers, its peaking because more and more refuse to pay for the few hours of enjoyment they actually get out of EVE.

You need to come play in lowsec.

Ah, lowsec.

The blobs and elitism of nullsec combined with the bad game mechanics of highsec. A perfect combination of the worst elements of both areas.

It seems that PLEX might hit the 600 million mark sometime soon and I am thoughtful to why this is happening now.

EVE population is down because of the return to school so one would think there would be less isk generation to buy PLEX which would entail the price should go down (but its not).

However, could it mean that students are more likely spend money on PLEX to sell on the market?

And that without them, there is less to go around.

Certainly its not really inflation because mineral prices are still at a year low.

So what do you think is cauing the upward price movement?

So, secure your needs for Plexes now, before the price goes up even more

Buy Buy BUY!

I'm interested as well in the statement by Tippia about proof of manipulation. I've no doubt CCP manipulates prices but, I am curious to see discussions on the topic.

I play EVE in the sense I log on and adjust my ques maybe fool around trading, that's about it.

Local chat makes the game a dull campfest be it gate or station and wormholes are too much of a logistics pain to be a cure for the ailment.

I have no problem admitting I pay to play a bad game. I hope eventually CCP will see the light, EVE has promise, but as it stands its a big pile of mediocre poo and the guys remarks about plex and paying for a bad game are spot on.

The notion school does this or that I believe is off base. Most people in school aren't dropping cash for plex. Adults with free income to do so, do. The school kids want to play free and when they go back to school the demand should drop if the theory were grounded. It doesn't and i'd wager it won't. My reasoning is partly due to what the post I defended suggested that more and more are not wanting to pay for EVE because the enjoyment factor requires hours to produce minutes of fun and the people who are original buyers/sellers of plex are finding less and less reason to continue buying more. A few billion of ISK is all youll really need in highsec where most play as there is a upward ship size you can use and with the protection of local nowhere near enough death occurs to give the demand ISK should have.

Nullsec as a lifestyle requires something that plex can not buy nor can a bigger ship impart. Numbers. Since there is no worthwhile reason to go through the hassle of getting those numbers (you'd need quite a few to compete with null power blocs) Highsec is where most end up and will remain.

War is a waste of ISK. War is essential for a healthy highsec. High sec rots. The supply of plex dwindles while the demand peaks . The demand isn't peaking because of high numbers, its peaking because more and more refuse to pay for the few hours of enjoyment they actually get out of EVE.

winter is coming

It seems that PLEX might hit the 600 million mark sometime soon and I am thoughtful to why this is happening now.

EVE population is down because of the return to school so one would think there would be less isk generation to buy PLEX which would entail the price should go down (but its not).

However, could it mean that students are more likely spend money on PLEX to sell on the market?

And that without them, there is less to go around.

Certainly its not really inflation because mineral prices are still at a year low.

So what do you think is cauing the upward price movement?

People are starting to actually use that new feature: "dual character training".
Altocholism is what drives this game going. I really wish to see some data from CCP if I'm right.

PLEX price will keep increasing due to people not wanting to pay for EVE as it is such a bad game. This will increase PLEX demand and reduce PLEX supply. And the rate of increase will increase exponentially.

I blame Incursions....
Was that last time prices was high

lets be honest, plex is undervalued, 500 million you can do pretty fast in the game, and a lot of people grind it easy

plex will hit over a billion soon, the correct price would be around 1,5 billion for what you get

This.
although personally my spare char slots are getting close to having their skills as i want them and i will then stop spending plex on dual account training. These extra account slot chars will have skillsets that will be useful for as long as i play the game even after i stop spending isk on them and so are well worth the price paid now. i imagine i am far from unique in this and in 2-3 months people like me will have stopped doing this entirely.

I think you're quite mistaken. CCP has no vested interest in how high minerals go. It doesn't really affect them. Crashing the plex market means the people who give them real cash no longer do. Your minerals, their cashflow. Yeah....

Mining is easy to do. It will always have a surplus of people botting it to pay for whatever portion of their plex they can. Plainly put mineral demand and supply will never affect the supply and demand of plex in the context you imply...

Dr.EyjoG also provided CSM with a report on PLEX intervention(s) made by the EVE Central Bank since the last CSM Summit. The major intervention was related to a PLEX price spike triggered by a large FW payout, and PLEX prices have remained stable since that time. The CSM was satisfied that the ECB had acted appropriately and in line with the procedures previously described. Dr.EyjoG noted that he hopes to have a devblog out in January that discusses this topic in more detail.

Of course CCP cares if Battleships start to cost 500m, because players WILL quit over that.

CCP appears to want a relatively stable plex market. This was in last year's CSM minutes:



Check this thread: https://forums.eveonline.com/default.aspx?g=posts&t=194473

[CCP] temporarily increased supply to stifle the price increase...Whether or not I ISK sell the plex for 1 isk or 1 trillion isk doesn't matter one bit

Let me clarify. People in large numbers want to play for free. CCP used extra resources (locked plex) and threw them a bone. Those resources are finite. It can not be done indefinitely. I doubt there was serious number of plex locked to begin with. There certainly isn't an infinite amount.

CCP has no target for plex prices aside from plex being at a ISK value that will motivate the ISK sellers to purchase them.

I say CCP has no target for plex prices because they are no longer the owner of the plex. They have sold the plex. Therefore they can not have a target price for the owner to sell at.

And at the risk of coming off as condescending as the owner of those purchased plex I don't care one iota whether joe average can play free or not or even at all. It's not my concern. My only concern when I purchase plex for resale is that I receive as absolutely much ISK for each as the market will allow.
If I see the price of plex plummeting I assure you investing in plex is not something i'm going to do. And I think you'll find that a truth with anyone buying plex for resale. That's business.

That makes sense.

But why couldn't CCP seed more plex? Total plex numbers are currently decreasing due to destruction in ship ganks (I assume plex are actually destroyed if they don't drop) so eventually there will be no plex left. This is clearly reductio ad absurdum but you get the point.

But why couldn't CCP seed more plex?

Because seeding PLEXes would mean letting players play for free.

In fact saying GÇ£seed moreGÇ¥ means you go wrong from the very start, since they never seeded any to begin with. All the PLEX they re-circulate onto the markets are ones that players have already paid for, but which were never activated before CCP confiscated them.

Incursions are just the most recent method creating bounce in players steps by introducing lucrative new things to do.

PLEX prices almost certainly will double in isk value every 3 to 4 years


detailed explanation of my reasoning for any that care below:

.[/b]

A1) the "now" as in September is more a matter of speculation. It did follow the same trend last year. A 5 year chart would be helpful to see if there are regular spikes seasonally. I believe there are.

A1a) Explanations about school are plausible although if you asked me to speculate without seeing the chart I'd have guessed that there would be less time to earn ISK through play during schoool. (perhaps though, play increases as there is more work to procrastinate which would certainly be an interesting psychology project to explore)

A1b) Perhaps there are waves of people returning to the game in summer (especially with an expansion this year realeased at the beggining of the summer. I would speculate there is a lag between people returning and people realizing full earning potential which allows more to plex accounts. I wouldn't be surprised that people are inclined to activate/reactivate more alt accounts the longer they play. As the school year wears on, perhaps they let those plexed accounts lapse or just pay a month or two when they're busy and come Winter break, start earning isk again causing another spike as they opt for that method

I see you did not historically check the price of plex over several years.
It has been cyclical for several years running now in this pattern.
Yet you want us to believe that because of the current bump up in price it will double from here every 3 to 4 years?
I see no reason why it will not return to its normal low price by spring.

But that is what makes a market. When some believe it will continue up and some do not.

Also if you watched the 2012 fanfest you would know CCP has economists working on controling the price of plex.
And controling the inflation in the game. But the game is allowed to spike quite a ways into an abnormal condition before they respond, often it will self correct before they have to act or so he said on tape.

I see you did not historically check the price of plex over several years.
It has been cyclical for several years running now in this pattern.
Yet you want us to believe that because of the current bump up in price it will double from here every 3 to 4 years?
I see no reason why it will not return to its normal low price by spring.

But that is what makes a market. When some believe it will continue up and some do not.

Also if you watched the 2012 fanfest you would know CCP has economists working on controling the price of plex.
And controling the inflation in the game. But the game is allowed to spike quite a ways into an abnormal condition before they respond, often it will self correct before they have to act or so he said on tape.

PLEX/gametime has only been going up in value since the start of EVE. For 270m 5-6 years ago, you could buy a 90 day GTC. PLEX when introduced were at 250m. The value of ISK is constantly decreasing, while game time is a fixed RL value commodity. Thus, you get more ISK per PLEX. Expect 1b+ per PLEX within a few years; it's not a "maybe", it's guaranteed to happen.

And in terms of CCP manipulating PLEX prices, they've said that banned accounts have 10,000 or so PLEX that they could introduce should the price go too high, as well as PLEX deals/sales which they do already.

Abstract
We use a laboratory market to investigate the behavior of noise traders and their
impact on the market. Our experiment features informed traders (who possess
fundamental information), liquidity traders (who have to trade for exogenous reasons),
and noise traders (who do not possess fundamental information and have no exogenous
reasons to trade). We find that noise traders lose money on average: they do not engage
in extensive liquidity provision, and thei

PLEX/gametime has only been going up in value since the start of EVE. For 270m 5-6 years ago, you could buy a 90 day GTC. PLEX when introduced were at 250m. The value of ISK is constantly decreasing, while game time is a fixed RL value commodity. Thus, you get more ISK per PLEX. Expect 1b+ per PLEX within a few years; it's not a "maybe", it's guaranteed to happen.

And in terms of CCP manipulating PLEX prices, they've said that banned accounts have 10,000 or so PLEX that they could introduce should the price go too high, as well as PLEX deals/sales which they do already.

CCP can make any bold statement it wants to. When the price swings down plex sales slow. CCP releasing 10,000 plex on the market would be contrary to their best interest. Thy have been paid for gametime that will not be consumed. Tell me would you as a company essentially honor 200.000 real life cash in gametime for the temporary favor of disgruntled players or would you keep them off the market keeping the "free" 200000 cash and force the sale of more plex?

Let me simplify it for you. CCP isn't going to do 1 thing to alter plex prices, they are not going to release locked plex and you can rest assured plex will hit the 1 billion mark sooner or later.

They were fibbing. I say that as gently as I can.

This is a ****ing awful thread.

We already have our own awful PLEX thread, why do we need another awful PLEX thread imported from another section?

CCP can make any bold statement it wants to. When the price swings down plex sales slow. CCP releasing 10,000 plex on the market would be contrary to their best interest. They have been paid for gametime that will not be consumed. Tell me would you as a company essentially honor 200.000 real life cash in gametime for the temporary favor of disgruntled players or would you keep them off the market keeping the "free" 200000 cash and force the sale of more plex?

Let me simplify it for you. CCP isn't going to do 1 thing to alter plex prices, they are not going to release locked plex and you can rest assured plex will hit the 1 billion mark sooner or later.

They were fibbing. I say that as gently as I can.

Can I get a [Citation needed] for that.

What is your evidence that CCP did not alter the price of plex?

Can I get a [Citation needed] for that.

What is your evidence that CCP did not alter the price of plex?

What is your evidence they did? My evidence is found in human nature. They have been paid for gametime that's not honored. It's free cash. Whether you can play free or not matters not in the slightest to them. The only thing that matters is that plex resellers are happy to buy more and in that particular instance they have sold gametime that doesn't have to be honored.

I'm not worried about being taken as right in this instance. CCPs word wouldn't move me. I'd need a video of them putting for sale the plex to be satisfied. 1000 dollar pants perhaps prejudiced my view.

Buy PLEX now. Price can only go up. :-) Did I get this right?

This PLEX is really messing up Eve economics.

Over a span of years, the average price of all plex traded will tend to go up at a 15% to 20% compounded rate. Plex will go up over time, because the isk/hour that an average player with over 6 months of play can earn will go up over time. The more they earn, the easier it will to pay a higher price in isk for plex, or for them to pay more isk for trained characters that in turn creates a demand for plex when there is a motivation to open acounts and train for resale, and other similar business motivations that over time connect earnings to plex price

New content that pays a bit more in game currency than a year or two before is something that developers of any game know they need to provide to keep players spirits a bit up.. players doing PVE (even to fund their PVP) do get glum if their earnings are static. EVE does seek more price stability than most, and the "extra" earnings per hour seems even more real if we keep the ISK price of battle cruisers and T2 components roughtly the same. Those items supply can be tweeked by altering availabilty of their ore components and ease to bring in more ore per hour by increasing or limiting sources via spawn rates etc.

I know exactly where plex prices will be next month and they will be higher.

or

I deny that things like increasing or waning player interest, external economy issues, promotions reducing the $/euro price per plex , or manipulation by mega corps can create 30% swings, even 40 % swings within a year

Buy PLEX now. Price can only go up. :-) Did I get this right?

This PLEX is really messing up Eve economics.