What ever is causing it, is cyclical. Check the price of plex over several years. This is common.

I'm a very small player in the plex market, keep anywhere from 0->200 at a time so I've kept an eye on it for the last couple of years and the recent surge doesn't make a lot of sense to me.

Factors that I think may be driving up Plex prices . . .
1) Crappy expansion = less people want to play or at least want to spend more RL money on Plex (lowers supply)
2) Everyone who built battleships pre-patch is making 40-60 million ISK per ship. Like the Faction Warefare push from last year but on a smaller scale. (increases demand)
3) Deflation in other areas (minerals post ship building rush, meta item). (increases demand as people move to a "safer" investment).


Factors that I think should be driving down plex prices
1) End of summer. People are returning to Eve (in the past I have noticed that this increased supply)
2) No CCP special offers (fanfest/tournament/video cards) for PLEX that increase demand.

What else is going on?
I have very little knowledge of how null sec politics affects plex prices. I would not expect null sec alliance/players to finance their wars with PLEX, but if they do they peace time will decrease supply.

Any other large trends going on that have been effecting the prices?

thanks,
Curious George

What ever is causing it, is cyclical. Check the price of plex over several years. This is common.

This pretty much. You can pretty much always buy PLEX before/during Summer and then sell in Winter for a profit.

Could also mean less people want to PLEX their accounts therefore reducing demand as much as decreased offers.

I've been buying all my personal use PLEX once a year during the price slump for as long as I've been using PLEX.

I doubt the discount from buying a year's supply (about 200 PLEX) in advance compensates for the opportunity cost of locking away the isk, but I try not to fuss too much about that kind of thing.

My recollection is that every year there is a period where I look at my PLEX pile and the current price of PLEX and tell myself that I did the right thing, again.

One does not simply quit EVE.
You PLEX until you run out of isk while not actually playing.
For some of us, this can last indefinitely.

I don't say it is the best investment but it is a pretty safe one. And yeah you probably still should not put all eggs into that basket as well.

But my logic, or lack thereof, in making this once a year bulk purchase isn't as relevant to this thread as my confidence that the price of PLEX has regular and fairly predictable ups and downs.

There's no need to wonder about why and how, only price talks.

(Yes I have omitted a detail, as I am going to make money on that).

May I point out flawed Logic?

1) Crappy expansion = less people want to play or at least want to spend more RL money on Plex (lowers supply)


Could also mean less people want to PLEX their accounts therefore reducing demand as much as decreased offers.

I feel there's another factor of note - mineral prices are falling, and so are the prices of things built primarily from minerals. This means people with an understanding of the market are selling off mineral-based assets, and looking for alternative places in invest their ISKies.

The next big war should partially reverse this aspect of the trend, although the reduced buying of PLEX from CCP is probably the bigger factor.

TL:DR - we need a new 0.0 war to stimulate the economy.

How did you import tnat into a forex platform?

It's all explained in there.

Why do we have to have the war? We're tired and still recovering. I think you (highsec collectively, really) should get together, have everyone declare war on everyone else, and spend several hundred billion isk blowing each other up. If you do it right you can just do an assist chain so you don't even have to really spend anything on the war itself. And this would, in fact, do more to "stimulate the economy" than another nullsec war would, as we spend our isk on lots of non-mineral things, and you'd disrupt all the miners in highsec.


Or you could just admit your idea is sort of dumb and bad and that even really big null wars are farts in a windstorm when it comes to effect on the market as a whole. The entire expenditure on everything - not just mineral based objects, everything - by all sides in the Fountain war was perhaps a couple trillion isk. The mineral market alone moves (if I counted right) ~380 billion isk worth of minerals per day, in Jita alone. Tritanium alone is nearly a 100b isk/day market.

@ Mynnna - Am i reading this right : Goons are not responsible for every economic change?? The hell??

There's no need to wonder about why and how, only price talks.

(Yes I have omitted a detail, as I am going to make money on that).

>I also want to know if the price was up to over 600m ISK back at the end of 2012 last year?

Yes but it was a bit unusual and the result of a couple of things, massive isk faucet from faction warfare cash-outs put alot of new isk into circulation (really just transferred it from some people to the FW guys but had the effect of new isk as stated by CCP at the time) together with some outages on CCP plex redemption plus active speculation.

Are those real prices or actual prices or just some false data formatted to look good or look as the way they are?

I am mentionning this because that If it is real data that means that the prices more than doubled in 2 to 3 years.

At about 25% increase in sell value and buy value per year, it may be easier to decide when to sell those.

I also want to know if the price was up to over 600m ISK back at the end of 2012 last year?

Why is the red slope going backward up instead of continously forward?

I did not update the trend line in the next months, ...

... anyone can go in last half year charts and see those lines already in place and the market doing exactly what it said it'd do.

In fact the long term trend line is still valid, like half year ago.
The day it'll break then I'll remove it.