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400M isk for a PLEX?... really?

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Author	Thread Statistics \| Show CCP posts - 0 post(s)
Aoki Ayumi University of Caille Gallente Federation 0	Posted - 2011.10.31 14:09:00 - [1] - Quote The time when I need to use my isk for paying a PLEX has come... Last one I bought was for 350M isk the past month. Best offer I can find now is 420M isk. I am supossed to pay 770M isk in 6 months? I remember when I used to buy a 3 month GTC for 150M isk... for God sake, what has happened?
sajuukkhar69 Friendly Genocide 0	Posted - 2011.10.31 14:12:00 - [2] - Quote It's like IRL, people's hunger for money. :/ As some people can't do elseway to pay their subscription, plex sellers are making the prices higher and higher for their own profit. And btw, I just checked in jita, they are at 480M. :D
Akrasjel Lanate Naquatech Conglomerate 149	Posted - 2011.10.31 14:16:00 - [3] - Quote That sucks... WE need more rich kids to put more PLEX on the market.
OllieNorth R-K Industries Sexy Alliance 0	Posted - 2011.10.31 14:26:00 - [4] - Quote Aoki Ayumi wrote: The time when I need to use my isk for paying a PLEX has come... Last one I bought was for 350M isk the past month. Best offer I can find now is 420M isk. I am supossed to pay 770M isk in 6 months? I remember when I used to buy a 3 month GTC for 150M isk... for God sake, what has happened? Congratulations, you are the 99%. /OCCUPY JITA!
Personal Banker Universal Eve Lending Corp 0	Posted - 2011.10.31 14:27:00 - [5] - Quote Well I guess you can look at it in two different ways: #1 It sucks for people who use isk to buy plex to continue there eve subscription #2 It is great for people who buy plex then sell them, to fund there eve operations But inst this low compared to before when plexs were over 600m? Or is that something I just heard and wasn't true? -Chris
Gatan Hahran Brukterer DUCT TAPE UNION 2	Posted - 2011.10.31 14:29:00 - [6] - Quote There are several effects that push the PLEX price. 1) Player numbers suffered a bit: If this happens the pool of isk in illegal markets raises because of selling quitters, which results in lower $/ISK ratio and lower incentive to purchase through legal way = less PLEX = high cost/PLEX, which automatically balances the suppy and demand .. and dollar->PLEX becomes more attractive again at the end of the cycle, which we have far not reached yet. 2) Suffering economy in both USA and Europe, the primary markets of PLEX purchases with dollars. If this happens people tend to be careful with wasting their cash and tend to pay with worthless ISK for their gametime instead of dollar or euro. 3) Speculation Better way for CCP: CCP sells the gametime for an ISK amount that is related to the total amount of ISK in the game on active accounts. But how do they earn the money that they get from PLEX now? They go the Diablo 3 way and allow player to player trading. Player A wants to sell his ISK to Player B for 100 Dollar. ISK and Dollar change owners through CCP as third party. CCP keeps a comission of 25 Dollar for the exchange. RMT destroyed, since the risk of losing everything is not worth to avoid a 25% fee.
Atima House of Marbles 14	Posted - 2011.10.31 15:32:00 - [7] - Quote Aoki Ayumi wrote: ] ** Last one I bought was for 350M isk the past month. Best offer I can find now is 420M isk. I am supossed to pay 770M isk in 6 months? ** The math is strong in this one.
Shanlara IDDQD Industry 0	Posted - 2011.10.31 15:36:00 - [8] - Quote Current jita price is 450m for cheapest... it's starting to get to the point where it's no longer worth it to use ingame money at these price especially for the ones of us who ain't super rich, for the past year I been pretty much trying to use purely plex, at this point I don't want to anymore, this is just way to exspensive for a plex.
mxzf Shovel Bros 79	Posted - 2011.10.31 15:49:00 - [9] - Quote Shanlara wrote: Current jita price is 450m for cheapest... it's starting to get to the point where it's no longer worth it to use ingame money at these price especially for the ones of us who ain't super rich, for the past year I been pretty much trying to use purely plex, at this point I don't want to anymore, this is just way to exspensive for a plex. Precisely. That's how supply and demand works. When the price increases past what people are willing to pay, the demand decreases (in this case people pay for time with $ instead of ISK). If demand drops enough without supply dropping too, you end up with too many PLEX on the market and people start undercutting each other so that their PLEX will sell first and they'll get the ISK from it and the PLEX price will drop (the same thing will happen if a ton of people start buying GTCs to sell for ISK, because supply will go up without demand going up and prices will drop). This is the beauty of the free market system in Eve and is most definitely working as intended.
rogueclone2 MANDALORIAN MOTORS Eve Engineering 0	Posted - 2011.10.31 20:08:00 - [10] - Quote wow what the hell is going on with the plexs
Florestan Bronstein The Waterworks 155	Posted - 2011.10.31 20:54:00 - [11] - Quote Gatan Hahran wrote: There are several effects that push the PLEX price. current power of 2 promotion can also be activated with 3 PLEX (instead of 50$)
rogueclone2 MANDALORIAN MOTORS Eve Engineering 0	Posted - 2011.10.31 21:12:00 - [12] - Quote at what point will ccp step in ?
rogueclone2 MANDALORIAN MOTORS Eve Engineering 0	Posted - 2011.10.31 21:48:00 - [13] - Quote $ 14.95 gets me one plex for 1 account. so now if i'm paying 500 mil for one plex am now paying for my account an 25% of another acount. am i right ?
Florestan Bronstein The Waterworks 155	Posted - 2011.10.31 22:08:00 - [14] - Quote rogueclone2 wrote: $ 14.95 gets me one plex for 1 account. so now if i'm paying 500 mil for one plex am now paying for my account an 25% of another acount. am i right ? yes, maybe write a petition to find out how to access that quarter account? if you paid for it, it should be yours.
Sator Nyatt Hedion University Amarr Empire 0	Posted - 2011.10.31 22:16:00 - [15] - Quote rogueclone2 wrote: at what point will ccp step in ? They already have. Unless you've been ignoring all the offers lately, CCP have been making access to plexes for $ cheaper and easier, via power of two, a dozen plexes for a discount, etc etc. Trying to get more people to pay $ for account time and plex, which in turn feeds teh market. More sellers = lower price. They will never 'step in' and arbitraily drop the price. Thats ********, thats just giving away game time for free, since you can't turn isk into $, only $ into isk. CCP have no interest in letting plex get too high, because it will mean they will lose subscriptions since a certain percentage of people will refuse/can't pay real money for their accounts.
rogueclone2 MANDALORIAN MOTORS Eve Engineering 0	Posted - 2011.10.31 22:18:00 - [16] - Quote at this point a plex cap needs to be put in places. 400 mil cap sound right to you guys ? a plex can not be sold for more 400 mil
Shanlara IDDQD Industry 0	Posted - 2011.10.31 22:23:00 - [17] - Quote rogueclone2 wrote: at this point a plex cap needs to be put in places. 400 mil cap sound right to you guys ? a plex can not be sold for more 400 mil This is exactly what I been telling people all day, a cap somewhere needs to be place, and for me 400 is what i'm willing to pay, and still a good price for people buying plex with irl money, but the prices plex's are reaching right now is soon at the point where it's gonna slowly hurt ccp :S
Tahna Rouspel BWE Special Forces 8	Posted - 2011.10.31 22:24:00 - [18] - Quote The PLEX sale volume hasn't visibly changed in Jita in the last few months. It's the demand that increased, not the offer that decreased.
IceFyre S18 Zulu Labs Zulu People 4	Posted - 2011.10.31 22:25:00 - [19] - Quote Well see, but I think 1B plex is not much of a problem for average player. Having 10 alts is different thing tho.
Shanlara IDDQD Industry 0	Posted - 2011.10.31 22:30:00 - [20] - Quote Tahna Rouspel wrote: The PLEX sale volume hasn't visibly changed in Jita in the last few months. It's the demand that increased, not the offer that decreased. CCP should not impose a cap. The market varies in a natural way. Losing people that use PLEX isn't an issue as long as the volume of PLEX being sold is the same. If these people are no longer able to pay in isk, they can pay in money or farm more/better. I think your words come from pure greed here, cause what you said makes no sense, I doubt ccp would like to lose a 20% player base just in hope of what you say is true, since how do you expect the influx of plex to keep the same when the player base gets lower ?
rogueclone2 MANDALORIAN MOTORS Eve Engineering 0	Posted - 2011.10.31 22:36:00 - [21] - Quote Shanlara wrote: Tahna Rouspel wrote: The PLEX sale volume hasn't visibly changed in Jita in the last few months. It's the demand that increased, not the offer that decreased. CCP should not impose a cap. The market varies in a natural way. Losing people that use PLEX isn't an issue as long as the volume of PLEX being sold is the same. If these people are no longer able to pay in isk, they can pay in money or farm more/better. I think your words come from pure greed here, cause what you said makes no sense, I doubt ccp would like to lose a 20% player base just in hope of what you say is true, since how do you expect the influx of plex to keep the same when the player base gets lower ? yep.
Sator Nyatt Hedion University Amarr Empire 0	Posted - 2011.11.01 01:43:00 - [22] - Quote Although by that same token subscriptions have fallen over the past 6 months. I wonder if there's actually a shift in people moving from paying money to buying plex for time, and a shift away from people spending lots of $$$ in general for eve.
Cunane Jeran 22	Posted - 2011.11.01 01:56:00 - [23] - Quote The power of 2 offer certainly isn't helping, 3 plex for a new account, 180 days of game time and one of those cerebral accelerator things is a mighty fine deal.
Tahna Rouspel BWE Special Forces 8	Posted - 2011.11.01 02:43:00 - [24] - Quote rogueclone2 wrote: Shanlara wrote: Tahna Rouspel wrote: The PLEX sale volume hasn't visibly changed in Jita in the last few months. It's the demand that increased, not the offer that decreased. CCP should not impose a cap. The market varies in a natural way. Losing people that use PLEX isn't an issue as long as the volume of PLEX being sold is the same. If these people are no longer able to pay in isk, they can pay in money or farm more/better. I think your words come from pure greed here, cause what you said makes no sense, I doubt ccp would like to lose a 20% player base just in hope of what you say is true, since how do you expect the influx of plex to keep the same when the player base gets lower ? yep. I'm not the one making money here. I pay for my subscription, but I wouldn't have any trouble paying for my subscription up to 1 bil/PLEX. I only have 1 account, mind you. Losing an alt account wouldn't be the same as losing a unique customer for CCP.
JitaJane Science and Trade Institute Caldari State 4	Posted - 2011.11.01 04:17:00 - [25] - Quote The entire market is a little inflationary at the moment. Remember PLEX are supplied by casual players who want to just spend cash to get ahead in the game. Without them driving down price it is pretty much determined by speculation based on pre-existing plex. Such is life. Xmas break is coming up here soon which means kiddies and college students will have free time and money. I plexed my toons through to December before it started pushing up and will likely pay less than 400 when they come around. Summer vacation also drops the price IIRC. Finally remember that time equity is the real resourse in this game. If it takes you 2 hours to make a plex then you are earning 7.50 an hour. Answer being if you are'nt making enough doing things you enjoy in Eve pull out your credit card.
Tom Hagen Twilight Empire Blazing Angels Alliance 3	Posted - 2011.11.01 07:40:00 - [26] - Quote Shanlara wrote: Tahna Rouspel wrote: The PLEX sale volume hasn't visibly changed in Jita in the last few months. It's the demand that increased, not the offer that decreased. CCP should not impose a cap. The market varies in a natural way. Losing people that use PLEX isn't an issue as long as the volume of PLEX being sold is the same. If these people are no longer able to pay in isk, they can pay in money or farm more/better. I think your words come from pure greed here, cause what you said makes no sense, I doubt ccp would like to lose a 20% player base just in hope of what you say is true, since how do you expect the influx of plex to keep the same when the player base gets lower ? I don't believe that the people paying for their game time with ISK is the same persons supplying the market with PLEX, so losing 20% of players who dont want to pay $ or ISK will hardly do much to the supply of PLEX in a short term. Sure if those people stop playing, the PLEX market would crash a bit, when the price of a PLEX rise there is a high probability that people who supply us with PLEX would want to cash in and buy even more PLEX. then again as they get cheaper more people will activate their accounts or pay for their subscription that way. And the prices will go up again...... PLEX is best bought and sold at market price, that will ensure that people buying PLEX gets the most ISK for their $ and the higher the price the less incentive exists to use RMT services. Running bots will also become more expensive. All good with a high PLEX price I say.. It is really silly that one can have several accounts and pay for the game time on them using only more or less passive income..
Songbird 36	Posted - 2011.11.01 16:30:00 - [27] - Quote there's a lot of income from the incursions - I see about 1000 people in the 2 channels combined in peak time. That's 1000 people that can buy a plex in a day. Just thinking that a lot of income in high sec drives the prices up of everything - I know that navy MFS went from 60 to 100-120mil.
Jdestars Stars Research systems Incorporation 0	Posted - 2011.11.01 16:36:00 - [28] - Quote if you pay your subscription with irl money you dont have any prb ... 6 month cost almost 11euro per month ... Plex introduction unbalance in game : -War destruction cover by plex , so why we expand isk for doing war if the competitor use plex to rebuild ...? im not sure that increase the cost of plex solve this casus beli . if the plex cost increase .. claimer which use plex to maintain the infrastructure have more facility to do this if the ple cost decrease .. the macroters with theire external macro tool are feeded ... no way its look like to choice between The leprosy and the cholera Nb : dont forget .. Eve its real , there are also real player with real skill wich do unpredictable action ... i dont use plex , im not agree with this system and dont trading this item too ;)
Lauren Hellfury Full Pocket Aggro In Vitro. 10	Posted - 2011.11.01 19:19:00 - [29] - Quote I'll let you into a little secret...... Gathering isk has become substantially easier over the last couple of years so more people have more isk to throw around. A small group of people decided that it was time for PLEX to be revalued. The rest is just nature baby.
Jitalutscher Republic University Minmatar Republic 0	Posted - 2011.11.01 20:10:00 - [30] - Quote Winter is coming! The winter patch and the infos about it that were released in the last couple of weeks have increased the demand for playtime, ppl return and reactivet there alts to be ready for the new t3 BC and hybrid rebalance. Coupled with not so great US/EU econs, the normal increase coming each winter and the fact that ISK can be gathered rather easy. AND Incarna was a debacle, that means fewer new player, few new players who want to sell some plex to get that shiny new toy. Capitals and supers getting nerfs means no big toys for ppl to buy with plex, so tough luck. Plex prices will max out december/jan and start to decline in feb

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