So this was your plan :|

I would like to point out that as long as they keep raising the buy orders there is nothing you can do unless you have a large amount of PLEX you are willing to sell at a loss :O

as far as i know the only way to crash the plex market is by dumping massive amounts of plex on it at a lower price

it won't work. Econ 101 should have taught you that if you have gone to college. The price of the plex is an issue of supply and demand. Unless you are willing to purchase GTC, turn them into PLEXs and sell them for less than what it on the market, the price will not go down. Your attempt to play the market will only cause you to lose isk. The more you succeed (albeit unlikely) the more isk you would lose. It is tough to find people who want to subsidize the game play of others.

it won't work. Econ 101 should have taught you that if you have gone to college. The price of the plex is an issue of supply and demand. Unless you are willing to purchase GTC, turn them into PLEXs and sell them for less than what it on the market, the price will not go down. Your attempt to play the market will only cause you to lose isk. The more you succeed (albeit unlikely) the more isk you would lose. It is tough to find people who want to subsidize the game play of others.

Ahhh the "econ 101" argument.

It's amazing that we live in a world where one 3 credit hour course gives the student flawless insight into all human interaction.

Psych 101 and econ 101 graduates should get together and reorder the world into a utopia informed by the infallible understanding of the human experience afforded them by their education.

Eve is as close to a libertarian-grade free market as it gets.

All the products in the same class are the same.
There's no marketing or brand recognition.
Information on current pricing is available anywhere at high speed.
Anyone can buy wholesale.

So yes, basic economy notions that are ******** in the real world actually work in EVE.

I have no personal interest in spending time on this other than driving the PLEX to where it belongs

To me anything under 600 million isk is not worth it for me to use my IRL money to buy Plex to sell to the unemployed leaches of society. When it hits 600+ million isk I will do my part to cash in on the leaches and help stabilize the price of plex at 600 million.

it won't work. Econ 101 should have taught you that if you have gone to college. The price of the plex is an issue of supply and demand.

Who is in?

Ideally this requires Accounting V, Broker Relations V and sub-0.3% broker fee from standings.

I created a channel, PLEX SYNDICATE. I have no personal interest in spending time on this other than driving the PLEX to where it belongs so ideallly eventually i'd hand off everything including recruiting to someone trustworthy (not an alt of a big PLEX trader). I don't think we are going to have a huge problem with finding trustworthy people because the vast majority of players have an interest in keeping the PLEX price low.

American economics education seems somewhat lacking.

Any speculated commodity has a price determined by more complexities than simple supply-demand. Both in the real world and in Eve.

I respect the effort, but I don't believe crashing the margins will be enough in this case. You're fighting back against a lot of ingrained momentum, so I think you'd need to be pulling down with some fat sell orders. There is also a substantial buy order floor at 480 that could absorb anything except a full blown panic fire sale of stockpiles.

That floor has termites. Just thought you should know.