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What happened with the PLEX prices? They are over 740 mil

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Vaerah Vahrokha Vahrokh Consulting 5346	Posted - 2014.04.15 20:37:00 - [181] - Quote Solecist Project wrote: Vaerah Vahrokha wrote: Kaarous Aldurald wrote: Vaerah Vahrokha wrote: Actually, assets may lose value as well. Many put a lot of billions into BPOs, those BPOs are tied 1:1 with the value of ISK so they are also losing in value. In general you want to differentiate your portfolio taking into account opposing trends markets. Already seeing how things would go these days, long ago I have posted one rather interesting thread about correlation (direct and inverse) in the markets. This sprung a very interesting study by a fellow trader who experimented with the concepts and put them in practice. I am aware of this. I didn't say that assets do not depreciate. I merely said that isk always does, and assets do so to a much lesser degree. Especially certain items, people will always need POS fuel, for example. Yes but look at the current nitrogen isotopes chart... VV! Glad I found you! Would you be interested in investing in change? :D And I'm not referring to my ugly face! ^^ At the moment I am sort of taking a pause, too much real life to live in my new life on this tropical island. Auditing \| Collateral holding and insurance \| Consulting \| PLEX for Good Charity Twitter channel
Wesley Otsdarva Asuratech Industrial Corp Rebel Alliance of New Eden 40	Posted - 2014.04.15 21:37:00 - [182] - Quote The biggest thing to me is, is that regardless of how many people are buying PLEX with real $$ there will always be more and more people buying it with isk. It's become something that the AVERAGE player aspires to do and after a few months of training, can easily do. And then they sub via plex in earnest. It will just keep driving the price up and up and up. Just take a look at Serenity's plex prices, last I heard they were 3.5 billion a piece. Because nobody wants to pay for their accounts. This is where we are headed. (eventually) So just deal with it. In the end Someone has to pay for that PLEX one way or another.
Solecist Project Center for Advanced Studies Gallente Federation 296	Posted - 2014.04.15 22:21:00 - [183] - Quote Vaerah Vahrokha wrote: At the moment I am sort of taking a pause, too much real life to live in my new life on this tropical island. Tropical Island? da fuq? :D
Hasikan Miallok Republic University Minmatar Republic 587	Posted - 2014.04.15 23:19:00 - [184] - Quote Unfounded but likely to be valid speculation .... "The Easter holiday period that occurs in Catholic non-Orthodox countries this weekend will have a big effect on PLEX prices".
Octoven Phoenix Productions Headshot Gaming 367	Posted - 2014.04.16 05:23:00 - [185] - Quote The issue regarding PLEX is simple economics, demand is greater than supply. The higher demand is not due to a greater number of people using a PLEX so much as a greater variety to use it for. PLEX used to be pretty much just subscription, but over the years CCP has unlocked its usage for other stuff, AUR, AT, Fanfest...not to worry if you cant make it, because for just a PLEX you can get HD quality. Aurum wasn't enough, they needed to provide a larger market for them so ship skins are released. They then decided, "hey lets allow people to dual character train an account for an extra PLEX...how could that possible strangle the PLEX market." PLEX prices soared once again when they decided, "well...it seems to not be Armageddon so lets allow triple!" This isn't even counting the PLEXes that were donated to certain causes, and while thats great...in a situation where there are tons of outlet it sucks. It is a frightening prospect, in the last 6 months the price of a PLEX in Jita went from around 590-600 mil to 715 mil. Of those 6 months the first 5 months saw only about a 30 mil increase. In the last month alone the price shot up by nearly 80 mil. We all know PLEX goes up this time of year due to Fanfest, but it is exasperated by the massive flood of uses in the past month. The simple truth here is that CCP has decimated the PLEX market. The demand will stay at a constant rate assuming they don't introduce any new ways to use a PLEX. The supply isn't going to increase that much, it will some, but not enough to offset the ratio thus leading to PLEX possibly hitting 800 mil by May maybe a billion by summer time. There just aren't enough people buying PLEX to sell in game. That isn't likely to change very much even with the massive ISK making opportunity. It may go down slightly after Fanfest....but in all honesty, it will never hit a stable line. On a side note, a comment to CCP, pushing out tons of ways to use a PLEX does NOT by any means guarentee you more sells. You took a risk doing it, and failed. It would be better for you to try and at least minimize further damage by stop introducing crap to use for a PLEX until you can find a way to plug up this supply vs demand problem. People aren't going to exponentially buy PLEX to sell but they will exponentially buy to use.
Hasikan Miallok Republic University Minmatar Republic 588	Posted - 2014.04.16 07:51:00 - [186] - Quote Octoven wrote: The supply isn't going to increase that much, it will some, but not enough to offset the ratio thus leading to PLEX possibly hitting 800 mil by May maybe a billion by summer time. There just aren't enough people buying PLEX to sell in game. That isn't likely to change very much even with the massive ISK making opportunity. It may go down slightly after Fanfest....but in all honesty, it will never hit a stable line. . I have heard people with huge amounts of ISK to speculate with comment on what they are buying up. The two things getting the most mentions are PLEX and Rattlesnake BPCs both of which were regarded as currently underpriced. Rattlesnake because there are Dev hints its getting a buff and PLEX because of an assumption it will stabilize around the billion mark.
Sex Slave Girl Dragonfire Industries Weyr Syndicate 119	Posted - 2014.04.16 12:41:00 - [187] - Quote Several reasons. 1. More sinks to use plex for (character training, AUR store) 2. Supply and Demand 3. Reseller marketeers (they make more isk by stocking and reselling) 4. Market exploiters (They have a large sum of isk to have strong influence on the market, probably working with number 3)
Solecist Project Center for Advanced Studies Gallente Federation 299	Posted - 2014.04.16 12:43:00 - [188] - Quote Sex Slave Girl wrote: Several reasons. 1. More sinks to use plex for (character training, AUR store) 2. Supply and Demand 3. Reseller marketeers (they make more isk by stocking and reselling) 4. Market exploiters (They have a large sum of isk to have strong influence on the market, probably working with number 3) I can't blieve that they let you get away with that name. lol Not saying I'm against it! :D
Sex Slave Girl Dragonfire Industries Weyr Syndicate 119	Posted - 2014.04.16 12:49:00 - [189] - Quote Quote: I can't blieve that they let you get away with that name. lol Not saying I'm against it! :D I don't think it breaks any rules. Sex is a normal word right... Or am I NTFW?
Malcolm Shinhwa Bad Touches 1892	Posted - 2014.04.16 15:36:00 - [190] - Quote Octoven wrote: The simple truth here is that CCP has decimated the PLEX market. The demand will stay at a constant rate assuming they don't introduce any new ways to use a PLEX. The supply isn't going to increase that much, it will some, but not enough to offset the ratio thus leading to PLEX possibly hitting 800 mil by May maybe a billion by summer time. If that happens I will never shoot another red cross again. Which would actually be kind of a bummer at the same time. Earning things in game, like isk for ships, is actually somewhat satisfying. "You're a d-bag. But you're a caring d-bag." -- Sindel Pellion *** Psychotic Monk and DJ FunkyBacon for CSM ***
Capsuler Rhea Imperial Academy Amarr Empire 34	Posted - 2014.04.27 10:21:00 - [191] - Quote Hevymetal wrote: demand > supply, therefore prices go up, basic economics. nahhh, i see manipulation at hand here.... the higher the price of PLEX, the farther in between sellers will be since they get more isk now, that will be bad for CCP. Hopefully, CCP will look at this and take measures, if not, this will only hurt their bottomline, unless of course there is no manipulation and PLEXs are not bought by resellers..
Ramona McCandless The McCandless Clan Council of Peace and Prosperity 3645	Posted - 2014.04.27 10:25:00 - [192] - Quote Capsuler Rhea wrote: [unless of course there is no manipulation and PLEXs are not bought by resellers.. These things are not related * Vote MTU For CSM * *Free The Jita 1* "They feel the need to cover their ears and eyes in horror at your very presence." - Pontianak Sythaeryn "Despite others being missing, at least Ramona is back." - Scipio Artelius
Hasikan Miallok Republic University Minmatar Republic 630	Posted - 2014.04.27 11:08:00 - [193] - Quote lol ... necro thread Bumping 3 week old threads about PLEX is not a sign there is still a problem nor does it fool anyone. In fact current PLEX prices are 20 mill lower than 3 weeks ago when this thread was first posted.
Capsuler Rhea Imperial Academy Amarr Empire 34	Posted - 2014.04.27 11:10:00 - [194] - Quote Ramona McCandless wrote: Capsuler Rhea wrote: [unless of course there is no manipulation and PLEXs are not bought by resellers.. These things are not related They are, when resellers buy all freshly minted PLEXs and resell them, they will dictate pricing, which is by definition, price manipulation.
Divine Entervention Abyss Cooperative 3 475	Posted - 2014.04.27 11:13:00 - [195] - Quote One possibility is that CCP raised the price because they want more people to be enticed into buying it. tippia wrong post 43 showing tippias deleted quote, proof of him lying
Bagrat Skalski Poseidaon 1343	Posted - 2014.04.27 11:30:00 - [196] - Quote Hasikan Miallok wrote: lol ... necro thread Bumping 3 week old threads about PLEX is not a sign there is still a problem nor does it fool anyone. In fact current PLEX prices are 20 mill lower than 3 weeks ago when this thread was first posted. Just you wait. When weapons, technology, and economies mature faster than the leadership culture entrusted with them, disaster ensues.
Malcanis Vanishing Point. The Initiative. 15257	Posted - 2014.04.27 12:27:00 - [197] - Quote Divine Entervention wrote: One possibility is that CCP raised the price because they want more people to be enticed into buying it. Another, much larger possibility is that more players want to buy PLEX for ISK than want to pay CCP real money. "It is difficult to get a man to understand something, when his ISK/hr depends upon his not understanding it!"
Tippia Sunshine and Lollipops 21326	Posted - 2014.04.27 13:14:00 - [198] - Quote Divine Entervention wrote: One possibility is To bad that being possible is completely meaningless. If you want to just list such meaningless inputs, let's start doing so in earnest. GÇó It is possible that the prices are going up because the FSB is silently killing off all PLEX sellers. GÇó It is possible that the prices are going up because the database transaction query is accidentally salami-slicing all orders. GÇó It is possible that the prices are not going up, but only seem to be doing so. GÇó It is possible that the prices are going up in spite of CCP lowering the prices because they want to make more money. GÇó It is possible that the prices are going up because of hidden price-increase mechanics built into the market. GÇó It is possible that the prices are going up because CCP Dr.EyjoG is running an experiment. GÇó It is possible that the prices are going up because I want them to. GÇó It is possible that the prices are going up because of falcon. GÇªjust off the top of my head. Please add more as you come up with them. GÇ£If you're not willing to fight for what you have in GëívGëí you don't deserve it, and you will lose it.GÇ¥ Get a good start: Newbie skill plan 2.1.
Divine Entervention Deep Core Mining Inc. Caldari State 477	Posted - 2014.04.27 13:20:00 - [199] - Quote Tippia wrote: Divine Entervention wrote: One possibility is To bad that being possible is completely meaningless. If you want to just list such meaningless inputs, let's start doing so in earnest. GÇó It is possible that the prices are going up because the FSB is silently killing off all PLEX sellers. GÇó It is possible that the prices are going up because the database transaction query is accidentally salami-slicing all orders. GÇó It is possible that the prices are not going up, but only seem to be doing so. GÇó It is possible that the prices are going up in spite of CCP lowering the prices because they want to make more money. GÇó It is possible that the prices are going up because of hidden price-increase mechanics built into the market. GÇó It is possible that the prices are going up because CCP Dr.EyjoG is running an experiment. GÇó It is possible that the prices are going up because I want them to. GÇó It is possible that the prices are going up because of falcon. GÇªjust off the top of my head. Please add more as you come up with them. *It is possible that the prices are going up because of outside influences tippia wrong post 43 showing tippias deleted quote, proof of him lying
Barbara Nichole Cryogenic Consultancy 576	Posted - 2014.04.27 16:45:00 - [200] - Quote Divine Entervention wrote: [quote=Tippia] *It is possible that the prices are going up because of outside influences This is always possible. When you consider that world and local economies are going to influence the number of PLEX sold outside the game and that in turn limits the number of PLEX for sale in the game...you can blame supply if you know it is shrinking. -á-á- remove the cloaked from local; free intel is the real problem, not-á "afk" cloaking-á- [IMG]http://i12.photobucket.com/albums/a208/DawnFrostbringer/consultsig.jpg[/IMG]
Nalelmir Ahashion Omegon 42nd Core 311	Posted - 2014.04.27 17:39:00 - [201] - Quote Plex is evil. It's worst then skill training times... it is one of the biggest factors to slow down players and I think any one which post that new players can pay their sub with plex should be molested by goat. "What's worse than a foul-mouthed eight-year-old constantly claiming he's had relations with your mother? A foul-mouthed eight-year-old constantly claiming he's had relations with your mother who thinks he's a gangser, that's what." --áAaron Birch
Doc Fury Furious Enterprises 4952	Posted - 2014.04.27 17:46:00 - [202] - Quote Tippia wrote: Divine Entervention wrote: One possibility is To bad that being possible is completely meaningless. If you want to just list such meaningless inputs, let's start doing so in earnest. GÇó It is possible that the prices are going up because the FSB is silently killing off all PLEX sellers. GÇó It is possible that the prices are going up because the database transaction query is accidentally salami-slicing all orders. GÇó It is possible that the prices are not going up, but only seem to be doing so. GÇó It is possible that the prices are going up in spite of CCP lowering the prices because they want to make more money. GÇó It is possible that the prices are going up because of hidden price-increase mechanics built into the market. GÇó It is possible that the prices are going up because CCP Dr.EyjoG is running an experiment. GÇó It is possible that the prices are going up because I want them to. GÇó It is possible that the prices are going up because of falcon. GÇªjust off the top of my head. Please add more as you come up with them. If you choke a Smurf, what color does it turn? The accumulated filth of all their sex and murder will foam up about their waists and all the ho's and politicians will look up and shout 'Save us!' and I'll look down, and whisper 'Hodor'.
Ramona McCandless The McCandless Clan Council of Peace and Prosperity 3672	Posted - 2014.04.27 17:47:00 - [203] - Quote Doc Fury wrote: If you choke a Smurf, what color does it turn? Purple When it stops moving and making noise, it turns a blue-gray * Vote MTU For CSM * *Free The Jita 1* "They feel the need to cover their ears and eyes in horror at your very presence." - Pontianak Sythaeryn "Despite others being missing, at least Ramona is back." - Scipio Artelius
Bizzaro Stormy MurphDog Brutor Tribe Minmatar Republic 363	Posted - 2014.04.27 18:39:00 - [204] - Quote Divine Entervention wrote: One possibility is that CCP raised the price because they want more people to be enticed into buying it. Man, you are a toxic poster; you keep getting thrashed, but it never seems to stop. That is, for the record, just my opinion. Instead of nonsense, lets dig even deeper into this stunning "possibility." How did CCP raise the price of PLEX? Are they modifying market orders and deleting any paper trail of those changes? I am not an alt of Chribba.
Brewlar Kuvakei Adeptio Gloriae 280	Posted - 2014.04.27 18:48:00 - [205] - Quote Solecist Project wrote: I'm so glad I didn't sell that donated PLEX yet! \o/ Every time CCP do something dumb I rage quit and convert all my asset to PLEX knowing their dumb ass change will drive prices up. When I get over my but hurt several months later I come back to the game a much richer player :) Buff botting & ISO boxer with mining buff beyond battleship level. Rage quit = profit Make ward decs pointless, rage quit = profit Kill ninja looting ganking and pretty much all other emergent gameplay= big profit lost a few 1000 players that day.
Quaggan Stomp The Milkmen Ideal Society 11	Posted - 2014.04.28 08:33:00 - [206] - Quote Praise the Yeti wrote: CCP are to blame for the plex price increases. Since incursions were released they have kept going up in price. Incursions give the casual and / or lower sp player the ability to make isk to consider plex instead of a paying sub at no real risk where as before they probably would have played and payed subscription. When plex prices increase as they have done, incursion runners give or take even for the casual ones just whimsy off a few extra hours a month to compensate. Longer term this will hurt the wider eve, but if ccp want to appease the greedy incursion farmers in the short term absent mind of the wider picture, then so be it. You are either a troll or ignorant or both. I have started this game on Feb 2nd 2014. My main has just over 3.5 mil SP. Never even got close to an incursion, in fact, when I was passing through systems with incursions in them, I just GTFOed ASAP due to debuffs and rats at gates. yet, on my 3rd month, I am plexing my alt. I get enough cash in low sec / null sec simply ratting and hiding from PvP within SOV owned systems to do so within 3-4 game sessions. So farely casual. Currently I cant even pilot a tech 2 ship yet (hence cant do incursions, WHs or any of those things yet. I do so in tech 1 ships, mostly fit in meta 4 stuff. Incursions isnt where the ISK comes from. Null / Low sec is where its at, especially if you're a part of one of the big blobs, which makes it 100 times safer for you to rat and run escalations then it is to run L4 missions in high sec due to amount of piracy / ganking. Its what I do for my ISK for my plex, again, on my 3rd month of gameplay, on tech 1 ships, in null / low. I am looking forward to when I can start flying larger cloakies and T3s, because I'll be able to earn 1 plex per 1-2 hours of my game time. Literally. Killing same stuff in same or alike places, just much faster and even safer. More cloaks less time necessary to d-scan, scout, etc. So don't blame high sec incursions or people that live in high sec, since low/null is where too much ISK comes from, and I haven't even touched on the wide range of passive income etc. on top of that. If I can plex an alt on my 3rd month of gameplay in null/low cause its safer then high sec, and you can't and you're a vet, then you need to get your head examined, or better yet uninstall and go back to playing pandas.
Orange Faeces The Atomik Izlamiks 16	Posted - 2014.05.01 20:46:00 - [207] - Quote CCP EyjoG confirmed at FanFest during his talk today that his team did intervene in the PLEX market, creating liquidity, to try to prevent further price increases. Good to know that someone at CCP is data driven, unlike the ship and module balancing team. O. Faeces
Hasikan Miallok Republic University Minmatar Republic 690	Posted - 2014.05.02 05:58:00 - [208] - Quote Orange Faeces wrote: CCP EyjoG confirmed at FanFest during his talk today that his team did intervene in the PLEX market, creating liquidity, to try to prevent further price increases. Good to know that someone at CCP is data driven, unlike the ship and module balancing team. O. Faeces Not sure if it does much good. At Jita earlier today some batches of 30 or so PLEX appeared at 20 or 30 mill below market buy. Within 2 minutes someone had bought up all 30 and re-listed at market price.
La Nariz GoonWaffe Goonswarm Federation 2225	Posted - 2014.05.02 06:42:00 - [209] - Quote Orange Faeces wrote: CCP EyjoG confirmed at FanFest during his talk today that his team did intervene in the PLEX market, creating liquidity, to try to prevent further price increases. Good to know that someone at CCP is data driven, unlike the ship and module balancing team. O. Faeces You mean unlike the team that left highsec in this horrid state. The module and ship guys are doing pretty well. This post was loving crafted by a member of the Official GoonWaffe recruitment team. Proof Highsec reward needs to be nerfed: https://docs.google.com/spreadsheet/ccc?key=0AqC-BTui2uSGdDlxa2dWOG5ieHB0QXBVWW82bGN5TFE&usp=sharing
Josef Djugashvilis Acme Mining Corporation 2312	Posted - 2014.05.02 07:46:00 - [210] - Quote Rear La Nariz, I am concerned that you seem to be obsessed with what you see as the problems of hi-sec so, in the best traditions of Eve fraternalism, may I suggest that you join a null-sec corp, spend your play time in null-sec and stop spamming the forums with your ceaseless whinging. Kind regards, J D PS I hear the goons will take pretty much anyone, could be the corp for you. This is not a signature.

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