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Thread Statistics | Show CCP posts - 0 post(s) |
Selinate
120
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Posted - 2011.11.25 19:57:00 -
[91] - Quote
David Clausewitz wrote:Someone needs to lower plex prices back down.
I made a pretty easy 100 mil off of it, so I beg to differ :P |
Morganta
Peripheral Madness
The Midget Mafia
400
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Posted - 2011.11.25 19:59:00 -
[92] - Quote
OP is a loon
jita prices last night
493 buy price
481 sell price
THE SKY IS FALLING!!!!!
The American public's reaction to the change was poor and the new cola was a major marketing failure. The subsequent reintroduction of Coke's original formula, re-branded as "Coca-Cola Classic", resulted in a significant gain in sales, leading to speculation that the introduction of the New Coke formula was just a marketing ploy |
Luh Windan
S T R A T C O M
16
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Posted - 2011.11.25 20:02:00 -
[93] - Quote
The prices of PLEX are high because people are paying those prices.
There are two ways the price will come down:
Price gets too high eventually and demand drops.
Someone is hoarding them in game and they decide to flood the market suddenly for some reason. The main reason I can imagine someone doing this is to harvest investor tears.
CCP are not going to intervene because they must still be selling loads of PLEX because demand is high |
Luh Windan
S T R A T C O M
16
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Posted - 2011.11.25 20:04:00 -
[94] - Quote
Morganta wrote:
THE SKY IS FALLING!!!!!
Considering that Eve is *all* sky this seems to be continually true if these forums are anything to go by |
THXBYE
Elite War Squad
8
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Posted - 2011.11.25 20:16:00 -
[95] - Quote
Its normal with many people returning to eve.
Stop ******* QQ you *****, go mission more. |
Zagdul
Clan Shadow Wolf
Fatal Ascension
191
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Posted - 2011.11.25 20:48:00 -
[96] - Quote
DTson Gauur wrote:Lexmana wrote:DTson Gauur wrote:Not gonna bother keeping 2 of my accounts active at these prices, I rather just let them go unsubbed. And if the prices still keep rising... I rather stop playing altogether than pay those extorsionist prices.
You know, price of subscription hasn't changed if you pay by credit card. Yes, but I do have better uses for the money than to use it on spacepixels.
Yeah, instead you'll invest time right?
It's not Rocket Surgery |
Terminal Insanity
Convex Enterprises
The Silent One's
140
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Posted - 2011.11.25 21:00:00 -
[97] - Quote
Sarmatiko wrote:Usual pre-new-expansion-rush speculation.
So what?
500+mil per plex IS unusual.
I remember buying 30d gtc's for 160m |
FlameGlow
GoonWaffe
Goonswarm Federation
19
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Posted - 2011.11.25 21:15:00 -
[98] - Quote
Terminal Insanity wrote:Sarmatiko wrote:Usual pre-new-expansion-rush speculation.
So what? 500+mil per plex IS unusual. I remember buying 30d gtc's for 160m
That was in 2007, so? Killing 1 titan was a big deal back then too. |
Scrapyard Bob
EVE University
Ivy League
406
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Posted - 2011.11.25 21:19:00 -
[99] - Quote
Terminal Insanity wrote:Sarmatiko wrote:Usual pre-new-expansion-rush speculation.
So what? 500+mil per plex IS unusual. I remember buying 30d gtc's for 160m
Yes, and it was also harder to make more then 20-30M per hour (if you made 40-60M per hour out in null-sec, you were looked upon as a minor diety). There's a lot more ISK sloshing around EVE's economy now.
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Mr Epeen
It's All About Me
458
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Posted - 2011.11.25 21:46:00 -
[100] - Quote
PLEX is worth exactly as much as someone is willing to pay for it.
No more. No less.
End of story.
Mr Epeen 
If you can read this, you haven't blocked me yet. |
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Terminal Insanity
Convex Enterprises
The Silent One's
140
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Posted - 2011.11.25 21:53:00 -
[101] - Quote
Scrapyard Bob wrote:Terminal Insanity wrote:Sarmatiko wrote:Usual pre-new-expansion-rush speculation.
So what? 500+mil per plex IS unusual. I remember buying 30d gtc's for 160m Yes, and it was also harder to make more then 20-30M per hour (if you made 40-60M per hour out in null-sec, you were looked upon as a minor diety). There's a lot more ISK sloshing around EVE's economy now.
Thats not true. lvl4 mission payouts has actually DECREASED since then (A few patches ago they reduced module drops in missions etc)
are you suggesting that people make 3x more isk now then in 2008? Even with the decreased misson payouts, decreased insurance fraud, etc etc? |
Tanya Powers
Science and Trade Institute
Caldari State
269
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Posted - 2011.11.25 21:55:00 -
[102] - Quote
The day where plex gets around 1B I'll sell some to extract tears from boting cry-me-a-river little boys.
Excellent, prices must go up further !! |
Soi Mala
Whacky Waving Inflatable Flailing Arm Tubemen
75
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Posted - 2011.11.25 22:11:00 -
[103] - Quote
Terminal Insanity wrote:Scrapyard Bob wrote:Terminal Insanity wrote:Sarmatiko wrote:Usual pre-new-expansion-rush speculation.
So what? 500+mil per plex IS unusual. I remember buying 30d gtc's for 160m Yes, and it was also harder to make more then 20-30M per hour (if you made 40-60M per hour out in null-sec, you were looked upon as a minor diety). There's a lot more ISK sloshing around EVE's economy now. Thats not true. lvl4 mission payouts has actually DECREASED since then (A few patches ago they reduced module drops in missions etc) are you suggesting that people make 3x more isk now then in 2008? Even with the decreased misson payouts, decreased insurance fraud, etc etc?
*cough*incursionfarmersareruiningtheeconomy*cough*
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Russell Casey
One Ton
Reverberation Project
102
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Posted - 2011.11.25 22:37:00 -
[104] - Quote
I would rather play a video game like a second job than buy the equivalent to a pack of D-batteries every month. |
Lors Dornick
Kallisti Industries
77
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Posted - 2011.11.25 22:39:00 -
[105] - Quote
Returning bittervets with fat wallets but still wary about this "New CCP" are willing to pay 500M+ per Plex since it's doesn't register in their wallet.
Several "play EvE for Free" blogs have been pushed trying to teach people how to grind ISK for Plex.
Incursions.
Speculation, not unlikely involving the mentioned returning bittervets who play marketgames waiting for Crucible.
Less people willing to pay, either directly or by GTC, until they see if this "New CCP" is real.
There's 5 reasons for the soaring price.
But what's the problem?
I paid 242.85 SEK (c:a 35 USD) for my last GTC (2xplex), or a pizza and some beers, or like a fraction of a family dinner at a cheap local pizza place.
And if you don't value 2 months of playtime in EvE over one dinner out, then I think you're playing the wrong game.
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Just Lilly
Republic Military School
Minmatar Republic
5
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Posted - 2011.11.25 22:48:00 -
[106] - Quote
If you have to struggle to keep your account(s) alive, maybe a Free 2 Play game is more fit for your standard.
Or perhaps you should have stayed in school... |
Ariel Dawn
F9X
154
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Posted - 2011.11.25 22:55:00 -
[107] - Quote
People have been heralding DOOMSDAY for the last half decade in regards to the price of game time in EVE Online. The same posts popped up when 30 day GTCs went from 120-130m to 160-170m.
PLEX will hit 1b+ eventually considering how much ISK is being created in EVE. And you'll see these same posts pop up again.
There's also no magical mystery figure controlling PLEX prices. You can fiddle around with the markets if you want, but the long run prices will always be the same. |
Terminal Insanity
Convex Enterprises
The Silent One's
140
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Posted - 2011.11.25 23:24:00 -
[108] - Quote
If it was just a matter of Inflation, then why are all ships not more expensive? Ships have actually DROPPED in price, canes were as low at 19m for a while
Its the same problem the oil/gas industry has. People NEED it, and so the gas companies use any excuse to jack prices up (patch? fanfest? contest? event?) and then they dont really ever fall back down to pre-spike levels. They fall a little, but nowhere near back to previous prices.
Just look what happened when CCP changed from 30d/90d gtc's to 60d only, and increased the price by i think it was 4 dollars?
Prices went from 160 to 250... over 4 dollars. |
Adunh Slavy
Ammatar Trade Syndicate
104
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Posted - 2011.11.25 23:37:00 -
[109] - Quote
Terminal Insanity wrote:If it was just a matter of Inflation, then why are all ships not more expensive? Ships have actually DROPPED in price, canes were as low at 19m for a while
Its the same problem the oil/gas industry has. People NEED it, and so the gas companies use any excuse to jack prices up (patch? fanfest? contest? event?) and then they dont really ever fall back down to pre-spike levels. They fall a little, but nowhere near back to previous prices.
Just look what happened when CCP changed from 30d/90d gtc's to 60d only, and increased the price by i think it was 4 dollars?
Prices went from 160 to 250... over 4 dollars.
This is one of the things overlooked in most of the inflation debates - elasticity, no not the stuff in your shorts.
Not all things can or will inflate or deflate at the same rate. There are very few products in Eve that are needs, PLEX is one of the few, POS fuel is somewhat, but a POS owner can just pack up the shop if they want. It's not like food. PLEX is closer to food than Oxygen Isotopes.
There are a few products that are in limited supply - no matter how much more time you throw at it, only so much R64s are going to be produced, etc, but you can throw lots of time at trit production and produce more trit.
Inflation tends to manifest most where supply is limited and where demand is least able to escape price changes. |
Ariel Dawn
F9X
154
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Posted - 2011.11.25 23:50:00 -
[110] - Quote
Terminal Insanity wrote:If it was just a matter of Inflation, then why are all ships not more expensive? Ships have actually DROPPED in price, canes were as low at 19m for a while
Its the same problem the oil/gas industry has. People NEED it, and so the gas companies use any excuse to jack prices up (patch? fanfest? contest? event?) and then they dont really ever fall back down to pre-spike levels. They fall a little, but nowhere near back to previous prices.
Just look what happened when CCP changed from 30d/90d gtc's to 60d only, and increased the price by i think it was 4 dollars?
Prices went from 160 to 250... over 4 dollars.
Ship and (and in turn) module prices are set by insurance payouts, which in turn keeps minerals at a base price that they don't generally fall under otherwise you'd be making less money selling the minerals than building the ships and self-destructing.
If you want to look at inflation, look at non-buildable/grindable modules. A Corpum A-Type EANM used to cost 300m a few years back, 600m 1.5 years ago and 1.1b today. A Draclira Tachyon Beam used to cost 800-1.2b each, now they're 3-4b each. |
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True Sight
Deep Freeze Industries
10
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Posted - 2011.11.26 00:05:00 -
[111] - Quote
Fractal Muse wrote:It's in the best interests of CCP to do anything they can to assist PLEX prices rising.
They want to switch more people over to active subscriptions and have PLEX as a more formal in-game currency. There will be price points whereby players will simply start paying real money for EVE and stop paying by PLEX. As such, CCP will do what they can without directly involving themselves in the market to assist with PLEX prices rising (such as putting a huge banner about PLEX prices going up upon logging in).
I would guess that the main reason PLEX prices are going up has to do with speculation on the market, hoarding, and attempted manipulations by players to get even more people to buy up PLEX.
This thread is a perfect example of market manipulation. GET IN ON THE PLEX RISE NOW!! YOU CAN CASH IN LATER!! THEY WILL KEEP GOING UP!
Without knowing anything about the PLEX market right now I would still hazard another guess: the majority of people buying up PLEX right now are doing so with the intention of 'cashing in' on the PLEX craze later.
To put it bluntly, you are wrong. CCP do not remotely, distantly or in any way care about the price of PLEX, they don't care if they are selling on the market for 10m ISK or 1billion.
They also don't give a flying donkey's anus for anyone that quits playing because they can't afford PLEX anymore.
They care about - How many people are willing to pay for the game.
If people aren't willing to pay for the game, then the game shuts down tomorrow and we're all out of internet spaceships.
If however, some people are willing to pay for someone elses subscription in exchange for that persons ISK, then thats fine too, because thats still effectively someone willing another subscription.
As long as the same volume of PLEX are being created by players, CCP's income is fine and going to continue. if 5,000 "PLEX Subscribers" stop playing, CCP hasn't lost a penny. |
True Sight
Deep Freeze Industries
10
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Posted - 2011.11.26 00:09:00 -
[112] - Quote
AkJon Ferguson wrote:I suspect CCP is deliberately forcing PLEX prices higher by printing ISK and buying up tons of PLEX.
CCP needs to make public precisely what market manipulation they've done in the PLEX market. I have no interest in playing a game that is supposed to have a player-run economy where the developer prints money and fucks with the market.
[/quote]
You are dumb. |
Jita Alt666
575
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Posted - 2011.11.26 00:30:00 -
[113] - Quote
True Sight wrote:
To put it bluntly, you are wrong. CCP do not remotely, distantly or in any way care about the price of PLEX, they don't care if they are selling on the market for 10m ISK or 1billion.
They also don't give a flying donkey's anus for anyone that quits playing because they can't afford PLEX anymore.
They care about - How many people are willing to pay for the game.
If people aren't willing to pay for the game, then the game shuts down tomorrow and we're all out of internet spaceships.
If however, some people are willing to pay for someone elses subscription in exchange for that persons ISK, then thats fine too, because thats still effectively someone willing another subscription.
As long as the same volume of PLEX are being created by players, CCP's income is fine and going to continue. if 5,000 "PLEX Subscribers" stop playing, CCP hasn't lost a penny.
In the immediate term you are correct. In the long term there are implications of sudden and dramatic shifts in playerbase that would have an effect on the forecasting of financial returns and that would have an CCP's shareholders and the company bottom line.
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Lola Humpsalot
Federal Navy Academy
Gallente Federation
4
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Posted - 2011.11.26 00:45:00 -
[114] - Quote
I'm not seeing the issue here
Person A: There is too much ISK being made in incursions.
- So you have the ISK to pay for PLEX whatever the price because your making enough running incursions...
Person B: PLEX is at 500 mil OMGWTFBBQ
- So people who plex for stuffs in game have more ISK for their RL monies, the more they spend on CCP, the more
CCP can spend on development (and Hilmar's Maserati).
Person C: Metagaming, Market wars in crucible anticipation, a whole lot of speculation and what not...
- So, it's a valid tactic, who cares...
Person D: CCP is printing ISK, manipulating the market and a whole lot of other covert stuffs we don't know about.
- Riiiight, but even if they do, why they hell would they tell you... |
NeGaMeSH
Republic Military School
Minmatar Republic
3
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Posted - 2011.11.26 01:38:00 -
[115] - Quote
First of all CCP has nothing to do with plex pricing. Secondly you people are overlooking the major trend.
Plex prices went up horribly after the Incarna failure Thousands of people unsubbed, mainly vets, with fat wallets.
Some of em even sold their alts and pushed all the iskies into one or two accounts.
My guess is they unsubbed from normal paying acounts, but with lots of isk in their wallets they decided to
use that isk to keep their toons training. They do not play actively but still keep their characters training by buying plex.
After all, CCP's policy is to turn players into junkies and make them hooked the minute they have made an account.
Incarna gave a lot of people the final blow to detach themselves from Eve, so they stopped paying but still have tons of isk.
People never click the biomass button because well... you never know... maybe one day Eve will be great again so you might as well use the plex, which is worthless if you don't play anymore, to squeeze the max out of your toon for the day Eve will be great again.
The good news is that these players (including myself) will not be back because Eve will not be great again since the sandbox game is bankrupt imo. This is because if you give people freedom to run their own world, they will F U C K it up.
Please do not ask me to give examples, just pick up a newspaper.
So you Eve junkies will just have to wait till the wallets of these bittervets will dry up, and voila..... prices will drop again.
As a side effect, the sandbox lets investers work this trend so that where you are all now.
Play the damned game or log of permanently and buy plexes. |
MaxxOmega
Temporal Mechanics
1
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Posted - 2011.11.26 02:14:00 -
[116] - Quote
NeGaMeSH wrote:The good news is that these players (stuff) will not be back because...
Baloney plain and simple...
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Cipher Jones
117
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Posted - 2011.11.26 02:44:00 -
[117] - Quote
Quote:You say you have better uses for your money than to use it on space pixels. Let's think about that for a minute. Minimum wage is roughly 7.50 in the US (I think). I don't know where you live but that's 2 hours of work for one month of play time. Is that a waste of time? Especially compared to how much time I'm guessing you spend banking ISK for PLEX? Is doing <---- that fun?
It's none of your business what people make and spend except for you and your government.
See what happens when fat neckbeards try to ride little ponies? The ponies die. |
Hecatonis
Ascension Manufacturing
12
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Posted - 2011.11.26 02:57:00 -
[118] - Quote
let the prices go up, it will hit a point where people like me, with a good stockpile and/or extra cash, will invest money into the system. i am currently sitting on over a years worth of PLEX even i will sell if it gets too high.
everyone one has its price and people that want to invest will invest when the money is good. pring the prices down. |
Lola Humpsalot
Federal Navy Academy
Gallente Federation
4
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Posted - 2011.11.26 03:05:00 -
[119] - Quote
Hecatonis wrote:let the prices go up, it will hit a point where people like me, with a good stockpile and/or extra cash, will invest money into the system. i am currently sitting on over a years worth of PLEX even i will sell if it gets too high.
everyone one has its price and people that want to invest will invest when the money is good. pring the prices down.
A years worth of PLEX is like what, 12, so I hope you mean ALOT of years worth, because your're not going to have any impact at all if not.
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Soll Narana
Burning Skull Syndicate
Viro Mors Non Est
0
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Posted - 2011.11.26 03:12:00 -
[120] - Quote
NeGaMeSH wrote:First of all CCP has nothing to do with plex pricing.
wasn't there a dev blog last year where CCP said they would intervene in PLEX pricing if they didn't like where it was going... so I would say that CCP does know what the price is, and they are either 1) making it this expensive by their actions, or 2) agreeing with the current prices through their inaction.
Either way, CCP wants PLEX prices this high, or else it wouldn't be. |
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