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The real reason PLEX is so expensive

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Author	Thread Statistics \| Show CCP posts - 3 post(s)
Dave Stark 4940	Posted - 2014.04.22 15:03:00 - [1] - Quote Salvos Rhoska wrote: Dave Stark wrote: except we also know the prices of plex is cyclical Explain and prove please. look at the data for plex prices, there's a perod of rapid growth followed by a period of almost non existent growth, then that trend repeats. eg start of oct 2011 it was ~380m/plex, by nearly the end of november it was 500m/plex. that's 20% in 2 months. so this kind of rapid short term growth isn't unprecidented at all.
Dave Stark 4940	Posted - 2014.04.22 15:04:00 - [2] - Quote Muppet Beldrulf wrote: Salvos Rhoska wrote: Show me when PLEX has risen 17% in 4months before now? 1/Aug/2011 364m to 1/Dec 2011 435m, +19.5% 1/Aug/2012 485m to 1/Dec 2012 586m, +20.8% oh look, those 2011 numbers, the same numbers i found. glad i'm not alone.
Dave Stark 4940	Posted - 2014.04.22 15:05:00 - [3] - Quote Salvos Rhoska wrote: Dave Stark wrote: roughly 3 years. march 2011 - april 2014 3 years ago plex was 360m, currently it's about 720m. (got that from eve-markets.net data) that means it takes 3 years for the price to double. that means plex prices increase by 23% per year. Thank you for proving my point. 23% per year (as an average over 3 years), vs 17% in 4 months in this year. But you didnt deduct inflation from that. It is important to do for purposes of determining how much a player can buy with a currency bought PLEX. also it's not "an average" it's constant growth, it's an exponential function.
Dave Stark 4943	Posted - 2014.04.22 15:30:00 - [4] - Quote the 4 month growth rate for plex, is erm... 70/9 = 7.8%, give or take. just you know, for the sake of completeness.
Dave Stark 4943	Posted - 2014.04.22 15:33:00 - [5] - Quote Salvos Rhoska wrote: Ramona McCandless wrote: 100% of nothing is nothing. Thanks for admitting you got nothing. he also pointed out, one of two situations. you have also produced nothing, or you can't do maths. having said that, they are kind of the same thing in this context.
Dave Stark 4943	Posted - 2014.04.22 15:34:00 - [6] - Quote Salvos Rhoska wrote: Lucas Kell wrote: [Source Now deduct ISK inflation from that. source that isk inflation is actually a thing?
Dave Stark 4943	Posted - 2014.04.22 15:35:00 - [7] - Quote Salvos Rhoska wrote: Dave Stark wrote: source that isk inflation is actually a thing? Source that it isn't. you put the argument forward, the burden of proof is upon you. however if you'd like to admit you're full of ****, we'll gladly sit here and be smug about it.
Dave Stark 4954	Posted - 2014.04.22 15:44:00 - [8] - Quote Salvos Rhoska wrote: Dave Stark wrote: Salvos Rhoska wrote: Dave Stark wrote: source that isk inflation is actually a thing? Source that it isn't. you put the argument forward, the burden of proof is upon you. however if you'd like to admit you're full of ****, we'll gladly sit here and be smug about it. Inflation of ISK in EVE is no different than any other economic fiscal system. It depends primarily, and centrally, on how much currency there is in circulation. The value of ISK in EVE is determined completely by how many players, and how actively, they are generating ISK from faucets, vs destroying it in sinks. Whatever the actual f% resulting from that, usually considered from the price of a breadbasket of various commodities, this sytem is always in effect, and there is always inflation or deflation occuring. That is proof of its existance. Now where is your proof of the non-existance of inflation in EVE? no, that's not proof of it's existence, that's you babbling on for a paragraph. now then; source to your claim or get back in your cave, troll.
Dave Stark 4954	Posted - 2014.04.22 15:53:00 - [9] - Quote Salvos Rhoska wrote: So you claim there is no ISK inflation in EVE? no, i'm claiming you have no evidence to say that there is isk inflation in eve. i support that claim with the fact that you've provided exactly 0 evidence to support the claim that there is, indeed, isk inflation in eve.
Dave Stark 4954	Posted - 2014.04.22 15:54:00 - [10] - Quote Salvos Rhoska wrote: What is your figure for the price of ISK in December 2013? i'm going to go out on a limb. 1 isk in december 2013, was worth exactly 1 isk. edit: it's less fun when you edit your posts, salvos.
Dave Stark 4958	Posted - 2014.04.22 15:57:00 - [11] - Quote Salvos Rhoska wrote: Dave Stark wrote: Salvos Rhoska wrote: So you claim there is no ISK inflation in EVE? no, i'm claiming you have no evidence to say that there is isk inflation in eve. i support that claim with the fact that you've provided exactly 0 evidence to support the claim that there is, indeed, isk inflation in eve. I did provide a claim. Whether you agree with it or not, is not relevamt to that fact. Nor is it relevant to the question that I know ask YOU. Are you claiming there is no ISK inflation in EVE? ladies and gentlement, yet another post with no evidence of isk inflation. i urge the court to hold the witness in contempt, for being obstructive and refusing to answer the questions put to him.
Dave Stark 4958	Posted - 2014.04.22 15:59:00 - [12] - Quote Salvos Rhoska wrote: Dave Stark wrote: Salvos Rhoska wrote: What is your figure for the price of ISK in December 2013? i'm going to go out on a limb. 1 isk in december 2013, was worth exactly 1 isk. edit: it's less fun when you edit your posts, salvos. Was a typo. Gimme a break, bro. never, m8.
Dave Stark 4960	Posted - 2014.04.22 16:07:00 - [13] - Quote so basically the tl;dr of the current point is that 17% increase in plex prices over a 4 month period isn't unusual, unprecedented, or anything to really worry about.
Dave Stark 4960	Posted - 2014.04.22 16:10:00 - [14] - Quote Mag's wrote: Dave Stark wrote: so basically the tl;dr of the current point is that 17% increase in plex prices over a 4 month period isn't unusual, unprecedented, or anything to really worry about. So, nothing's changed basically. except the price of plex, i hear that's up 17%.
Dave Stark 4962	Posted - 2014.04.22 16:14:00 - [15] - Quote Mag's wrote: Dave Stark wrote: Mag's wrote: Dave Stark wrote: so basically the tl;dr of the current point is that 17% increase in plex prices over a 4 month period isn't unusual, unprecedented, or anything to really worry about. So, nothing's changed basically. except the price of plex, i hear that's up 17%. But didn't it rise more than that, in previous years? no, that was isk inflation.
Dave Stark 4963	Posted - 2014.04.22 16:31:00 - [16] - Quote Salvos Rhoska wrote: However, we have to remember that the relative amounts being compared here, have a significant ingame impact. Have mineral/ice prices increased 17-23% in 4 months as well? Have Mission rewards? Have bounties? They have not. that's because ice/minerals have had their supply ****** with almost constantly for the last few years. also, mission rewards and bounties aren't player driven commodities. when making comparisons, i advise... in fact, i advise you don't try and compare a unique commodity like plex with anything else in eve since... you know, unique and all.
Dave Stark 4963	Posted - 2014.04.22 16:40:00 - [17] - Quote Salvos Rhoska wrote: Dave Stark wrote: mission rewards and bounties aren't player driven commodities. If no player runs them, no ISK runs into the game. Thats pretty player driven. no, because even if nobody runs them, the rewards are still the same. people not running them doesn't change how much they pay out. they aren't player driven in the slightest. also, they aren't the only ways isk enters the game.
Dave Stark 4963	Posted - 2014.04.22 16:54:00 - [18] - Quote Salvos Rhoska wrote: Dave Stark wrote: also, they aren't the only ways isk enters the game. Oh? How else? insurance, for a start.
Dave Stark 4965	Posted - 2014.04.22 17:10:00 - [19] - Quote Benny Ohu wrote: Lucas Kell wrote: Dave Stark wrote: Salvos Rhoska wrote: Dave Stark wrote: also, they aren't the only ways isk enters the game. Oh? How else? insurance, for a start. NPC buy orders are another. Tags and other such drops are the biggest part of them. don't forget incursion rewards? they generally get lumped with bounties.
Dave Stark 4965	Posted - 2014.04.22 17:20:00 - [20] - Quote Salvos Rhoska wrote: Its Bounties and Mission rewards guys. (And insurance. Pfft) Its a sobering thought, but really its the only ways ISK enters the game. So Bounties/Missions for PvE. Insurance for PvP. Strange universe we live in. Anyways, I will deal with PLEX price increase. Question is though: How many will not. The 1bil mark is quite a psychological and practical hurdle. and tags. and insurance for pve.
Dave Stark 4967	Posted - 2014.04.22 17:30:00 - [21] - Quote ccp have openly admitted they involve themselves with the plex market when the price changes too rapidly. however, i think we've been over the point that currently the price of plex isn't yet reaching the point of "too rapidly".