Interestingly my last thread about it was locked :)

The strategy is simple - buy low, sell low at no profit.

Basically this way we, EVE players can have arbitrarily low PLEX prices.

Dump more PLEX on the market guys. Make it suffer.

Uh, either you are dumping real money at CCP (they will smile happily) or you are dumping ISK at PLEX speculators (they will smile happily) but won't make any dent to the market price as you do not have enough real money or ISK to burn in this foolish crusade.

(On a more serious note: This gets 2/10 as a troll attempting to influence markets by scaring off speculators that a drop in price is coming. You fail.)

Interestingly my last thread about it was locked :)

The strategy is simple - buy low, sell low at no profit.

Basically this way we, EVE players can have arbitrarily low PLEX prices.

Dump more PLEX on the market guys. Make it suffer.

One interesting consequence is if there are players on both sides (buy low, sell low and buy high, sell high), then the spread will converge to 0 and it will be truly supply-demand driven. But does anyone want to have high PLEX prices? Only CCP.

The strategy is simple - buy low, sell low at no profit.

Not a very bright strategy since you will be selling at a loss. How much ISK have you set aside?

Enough :)

Do the math an you'll see how much ISK is needed to push the price down for a week. I seriously doubt you have enough ISK to make a dent in price.

I fail to see how you buying low and reselling with no significant price change is doing anything other than generating volume with little other effect.

Now if you bought low and sold lower and did this with many, many billions of isk you could bring the price down a bit but you'd run out of isk fast. Real fast once someone with a fair amount of ISK found you and just started selling you PLEXs at a higher price than they can snatch up your orders for.

If you want to affect the price you need a massive amount of new supply to throw on the market. That takes a lot of cash or a huge isk investment that you're willing to lose some of in the process. Is that what you're up to?

PLEX are 520-525 on sell orders as of a whole 30 seconds ago (that's for the cheapest 20 orders.)

If you're talking about driving down only buy orders, that's not lowering the price of PLEX...

Maybe I am crazy, or it's early, or I have not thought this through...

But this seems really interesting

I don't think you can be successful doing this - well, unless you are extraordinarily rich - but I have to wonder what would happen if a significant mass of players tried this.

Also, I don't think some understand quite what you are suggesting. It's not as if this needs to carry a cost other than time and energy and the fact that some isk will be tied up in this process.

I wonder too at how big an effect transaction fees will have here. Certainly someone like myself, with terrible tradeskills could barely undercut the current sell orders after the transaction fees were accounted for. But, then again, maybe that would just lessen the effect I could have, as I would still probably be undercutting all current sell orders.

I'm growing a bit suspicious of the fact that most of the toons who buy plex are from NPC corps with no employment history and no killboard records. The market might be bogus/manipulated. In this case this is not going to work of course :)

If you say what I think is, that hurt small, really small size PLEX traders.

You cannot alter price course if there is healthy, real demand for plex.

Second, you only help large volume traders to get easyer large volumes of PLEX.

Third, when large volume traders get enough and decide to push price up, will deny you access to more plex, with simply agressive overbidding on buy side. You run out of ammo.

But again, you hurt only small, so small petty plex traders with 20B-100B capital.
They are nervous, histerycal like chicken with fox nearby.

But large volume traders works on a minimum 24h trade cycle period, so you need to be online non-stop, long time.

In any case, I just pointed short term obstacles here.
If you're able to do this for a week or two, it will hurt badly some bigheads so they may just do wtf and dump all on buy side.

I like this plan, hope will bring some fun there.
Too bad I'm not into position to help you directly, but will stay some time off from PLEX market.

this is hilariously dumb and your avatar is hilariously sad and pathetic