EVE Search - Stabilizing PLEX

Check My IP Information

All Channels

EVE General Discussion

Stabilizing PLEX - PLEX TAX

» Click here to find additional results for this topic using Google

Monitor this thread via RSS [?]

Pages: [1] 2 3 :: one page

Author	Thread Statistics \| Show CCP posts - 1 post(s)
Ridvanson 16	Posted - 2014.11.13 12:07:06 - [1] - Quote For a lack of recent threads in GD on PLEX prices, I thought one should be opened So once again, prices are going ballistic (+100m in less than a month), probably due to Phoebe and a handful of clever trillionaires that like to capitalize on poor people. First of, I don't think that PLEX are broken or that rising prices are necessarily ~bad for the game~. There are rather obvious benefits to high prices (anti-RMT to name one). However, there are also potential downsides, the most important of which is that in the long run EVE might loose individual (real) players who can no longer afford to run their alt(s) or EVE altogether. I suggest CCP should look into doing something about market manipulation of PLEX prices. You think "free market but but ...", yet I say CCP has steeped in before (technetium). Granted, a solution to PLEX manipulation would need a somewhat different approach ... INTRODUCING PLEX TAX (see what I did there) The organization (SCC) that is issuing PLEX is concerned about loosing their control over licensing things and decrees that henceforth a tax be paid from all those that would hoard, sell or scam with PLEX rather than use them. hoarding tax: each day during downtime you are being taxed for the PLEX you have sitting in your hangars or in the redeeming system by 0.3% of some value that resembles the average PLEX price (but shouldn't obv. be prone to manipulation ... ). Of course PLEX on sell orders and contracts are taxed as well! Differently maybe, or just the same. Add to that a special salex tax (or rather a buyers tax) for people acquiring PLEX. FIXED it! Now send me donations :>
Benny Ohu Chaotic Tranquility Warp to Cyno. 4147	Posted - 2014.11.13 12:15:14 - [2] - Quote Ridvanson wrote: I suggest CCP should look into doing something about market manipulation of PLEX prices. You think "free market but but ...", yet I say CCP has steeped in before (technetium for example). Granted, a solution to PLEX manipulation would need a somewhat different approach ... you say that, but ccp's been very open about its PLEX market manipulation. CCP not only steps in already, but also justifies market manipulation to the CSM
Noriko Mai 1610	Posted - 2014.11.13 12:16:39 - [3] - Quote If I were the SCC, I would rub my **** everytime someone sells/buys a plex.
Dave Stark 7154	Posted - 2014.11.13 12:21:30 - [4] - Quote this is one of the worst ideas i've ever seen. and i visit the F&I forum.
Ridvanson 16	Posted - 2014.11.13 12:21:55 - [5] - Quote Benny Ohu wrote: Ridvanson wrote: I suggest CCP should look into doing something about market manipulation of PLEX prices. You think "free market but but ...", yet I say CCP has steeped in before (technetium for example). Granted, a solution to PLEX manipulation would need a somewhat different approach ... you say that, but ccp's been very open about its PLEX market manipulation. CCP not only steps in already, but also justifies its own market manipulation to the CSM I know, I was not talking the measures CCP is already taking, but PLEX manipulation by players. Whatever CCP is doing doesn't seem to have any meaningful impact, which lets me wonder, if they are actually interested at all in keeping PLEX prices down TBH. As I said, if CCP feels like that bottom line high PLEX prices actually benefit the game/their business they might as well stop that sharade gg However if not, maybe a solution like PLEX tax TM would actually make a difference.
Ridvanson 16	Posted - 2014.11.13 12:24:19 - [6] - Quote Dave Stark wrote: this is one of the worst ideas i've ever seen. and i visit the F&I forum. when you say 'worst', how bad you think is the idea? Like worst 5%?
Victor Andall 768	Posted - 2014.11.13 12:27:05 - [7] - Quote Exactly what EVE Needs. The "government" tampering with the economy. I just undocked for the first time and someone challenged me to a duel. Wat do? 19.08.2014 - Dinsdale gets slammed by CCP Falcon. Never forget.
Ridvanson 16	Posted - 2014.11.13 12:32:29 - [8] - Quote Victor Andall wrote: Exactly what EVE Needs. The "government" tampering with the economy. IFF it stops people from opting out ... It's not like EVE is real (or is it?) and there are no weird artificial rules/restrictions already
Caviar Liberta Moira. Villore Accords 746	Posted - 2014.11.13 12:57:30 - [9] - Quote I for one would like to see plex prices go up more. I have ships to buy, ships to pew and ships to explode. EvE isn't my second job so I don't plex my account.
Benny Ohu Chaotic Tranquility Warp to Cyno. 4147	Posted - 2014.11.13 13:05:40 - [10] - Quote Ridvanson wrote: Benny Ohu wrote: you say that, but ccp's been very open about its PLEX market manipulation. CCP not only steps in already, but also justifies its own market manipulation to the CSM I know, I was not talking the measures CCP is already taking, but PLEX manipulation by players. alright. i felt it was worth mentioning

Ka'Narlist Dreddit Test Alliance Please Ignore 254	Posted - 2014.11.13 13:08:27 - [11] - Quote If CCP wanted a more fluid plex market without a few ultra rich people hording them to drive prices higher and higher they would just give them an expiration date after which they become worthless. This way the market would crash with all those horded plex being thrown on the market and after this stabilize on a supply and demand value. But I really doubt something like his will happen.
Jurico Elemenohpe Laughing Coffin's 3	Posted - 2014.11.13 13:16:01 - [12] - Quote Ka'Narlist wrote: If CCP wanted a more fluid plex market without a few ultra rich people hording them to drive prices higher and higher they would just give them an expiration date after which they become worthless. This way the market would crash with all those horded plex being thrown on the market and after this stabilize on a supply and demand value. But I really doubt something like his will happen. Theyd need to overhaul the 11y/o item and market code, because it doesn't allow for unique items to be traded, which is why we need to repackage.
Essack Leadae Core Industry. Circle-Of-Two 41	Posted - 2014.11.13 13:38:59 - [13] - Quote A tax ? What a joke... There is only one thing to do : make the plex as expensive as a standard monthly subscription (20 Gé¼ > 15 Gé¼). As long as a Plex is more expensive, no equilibrium price in ISK can be found. CCP will not be able to maintain this higher price anyway : there are players who pay with Plex only. If their ISK price don't stop raising, they will leave, and this is really not the moment (Elite: Dangerous is coming out in december, etc.) With the NGE, I'm sorry about the mistake we made. We screwed up and didn't listen to the fans when we should have, and it's not a mistake we're going to make again. - John Smedley, president of Sony Online Entertainment. CCP should do the same...
R3DRUM Wildly Inappropriate Goonswarm Federation 11	Posted - 2014.11.13 13:53:29 - [14] - Quote want plex prices to stop rising????? Stop buying them!!!!!! If no one buys prices go down till people buy. Stop being real life poor, get a JOB and by a year sub. Till then I will keep buying 5 plexes at a time and selling them for more isk each time
Tollen Gallen Glory of Reprisal Enterprise 8341	Posted - 2014.11.13 13:55:43 - [15] - Quote R3DRUM wrote: want plex prices to stop rising????? Stop buying them!!!!!! If no one buys prices go down till people buy. Stop being real life poor, get a JOB and buy a year sub. Till then I will keep buying 5 plexes at a time and selling them for more isk each time +1 Zimmy Zeta - I f*cking love martinis. the original ones, with gin, not that vodka martini crap. Your old Friends can use me for 7 days, free!!!
Abrazzar Vardaugas Family 5141	Posted - 2014.11.13 14:08:25 - [16] - Quote Want PLEX prices to drop? Are you affluent? Here's what you can do: Buy PLEXes for some $15k, spread them over every trade hub and keep consistently undercutting the lowest sell orders until market saturation is reached and prices plummet. It's a free market, dummy! Sovereignty and Population New Mining Mechanics
Dave Stark 7155	Posted - 2014.11.13 14:08:59 - [17] - Quote Ridvanson wrote: Dave Stark wrote: this is one of the worst ideas i've ever seen. and i visit the F&I forum. when you say 'worst', how bad you think is the idea? Like worst 5%? I dunno, i'm proably pretty jaded by all the time i've spent reading the bowhead feedback.
Ridvanson 16	Posted - 2014.11.13 14:22:56 - [18] - Quote Abrazzar wrote: It's a free market, dummy! I wrote as much in the OP, in fact I stated that the free market might prove to be a problem in this particular matter. PLEX are special items, not akin to any other in the game. It's reasonable to consider some special rules ... Again, iff CCP thinks is good for their game/business. Albeit, since their are not very forthcoming with any data on PLEX, it's hard to draw any conclusions for an outsider.
Doc Fury Furious Enterprises 7179	Posted - 2014.11.13 14:31:57 - [19] - Quote Yet another solution to a problem that does not exist. Gÿ+ 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'.
Mr Epeen It's All About Me 6798	Posted - 2014.11.13 14:39:56 - [20] - Quote Once CCP sells the PLEX for RL cash, it's out of their hands. As it should be. They did their part and made them available to us. Once they are redeemed, it's the up to us, the sandbox economy, to figure it out. Just like everything else in the game. If we demand, then prices go up. If we all turn to CC subs, then prices go down. CCP should have no say in what happens to the price once it's in our hangars, and for the most part, they don't. Working as intended. Beside that, the guy that just yesterday bought 18 PLEX to buy one of my characters would have had to buy 20 or 25 if the ISK price were much lower. High prices help my business, so I can't really complain about it. Mr Epeen There are 86,400 seconds in a day. You just saved one of them by typing 'u' instead of 'you'.-á Congratulations, dumbass!

Baneken Arctic Light Inc. Arctic Light 374	Posted - 2014.11.13 14:40:05 - [21] - Quote Dave Stark wrote: Ridvanson wrote: Dave Stark wrote: this is one of the worst ideas i've ever seen. and i visit the F&I forum. when you say 'worst', how bad you think is the idea? Like worst 5%? I dunno, i'm proably pretty jaded by all the time i've spent reading the bowhead feedback. No kidding ? Some of those make you wish you could pod everyone of those knuckle draggers posting on that forum. Sometimes I should just pod my self as well for participating on that forum in the first place.
Delt0r Garsk Shits N Giggles 205	Posted - 2014.11.13 15:04:06 - [22] - Quote PLEX prices just went up you say. Nice will liquidate some more plex, or perhaps i should wait a while for it to go up higher. All the prices of everything (on average) is going up. Because there are more isk sources than sinks. Its really that simple. Otherwise its probably caused by global warming. Or ISboxer. Perhaps ISboxer causes global warming that then causes PLEX prices to rise! Death and Glory! Well fun is also good.
Eugene Kerner TunDraGon Cynosural Field Theory. 1417	Posted - 2014.11.13 15:07:31 - [23] - Quote I am already paying real life taxes for the product I purchase with real money. Adding another fictionlal Tax on it will not reduce the price on plex....it will increase it. TunDraGon is recruiting! "Also, your boobs [:o] " -á CCP Eterne, 2012 "When in doubt...make a di++k joke."-áRobin Williams - RIP
Salah ad-Din al-Jawahiri New Order Logistics CODE. 43	Posted - 2014.11.13 15:27:44 - [24] - Quote Ridvanson wrote: Abrazzar wrote: It's a free market, dummy! I wrote as much in the OP, in fact I stated that the free market might prove to be a problem in this particular matter. PLEX are special items, not akin to any other in the game. It's reasonable to consider some special rules ... Again, iff CCP thinks is good for their game/business. Albeit, since their are not very forthcoming with any data on PLEX, it's hard to draw any conclusions for an outsider. Why does the PLEX market need any special rules? Simply because you can't afford plexing your account(s) every month? Determined people grind for ISK. Smart people make the former voluntarily give them what they've grinded, strong people take it by force. People who don't want to bother with any of these options buy PLEX and sell it in the market. By paying for someone else's game time with real-life cash, they reward their determination, cleverness, or strength. Why are you biting the hand which is feeding you, OP? High PLEX prices make an incentive for your caretakers to buy more of them from CCP. And if others are using it them and you are not, it means you aren't determined/smart/strong enough compared to other players. tl;dr - HTFU and don't be so selfish. EDIT: Just to make it clear, I neither make ISK from selling PLEX nor pay for my accounts with ISK.
Ridvanson 16	Posted - 2014.11.13 16:03:07 - [25] - Quote Salah ad-Din al-Jawahiri wrote: EDIT: Just to make it clear, I neither make ISK from selling PLEX nor pay for my accounts with ISK. I make in excess of 1b/h, so I couldn't care less about PLEX prices. I was feeling bored and altruistic, hence I'm making an argument for the poor ;P As for higher prices creating an incentive for more players to buy PLEX with real $$: you can argue the same way that buying two PLEXes at 900m satisfies the same need today as buying three PLEXes at 600m only one year ago as prices of ships, mods, rigs and whatnot have largely remained stable (if not even dropped). Doc Fury wrote: Yet another solution to a problem that does not exist. If EVE looses subscription to high PLEX prices, it probably does constitute a problem. Delt0r Garsk wrote: Otherwise its probably caused by global warming. Or ISboxer. Perhaps ISboxer causes global warming that then causes PLEX prices to rise! I don't see CCP banning ISboxer, and I rather they didn't since I find it rather handy :P However, if they simply limited the number of accounts you were allowed to run as a single person similar to the Trial-Account limitation, that would be another story... But I doubt they would be interested in doing that ... and even if they did, it's probably hard to control technically.
Mehrune Khan Viziam Amarr Empire 10	Posted - 2014.11.13 16:17:28 - [26] - Quote Taxing PLEX would just increase the cost of PLEX. When in real life has a new tax made anything cheaper for you to buy?
Doc Fury Furious Enterprises 7179	Posted - 2014.11.13 16:22:46 - [27] - Quote Ridvanson wrote: If EVE looses subscription to high PLEX prices, it probably does constitute a problem. Then CCP looses the Kraken... A paid subscription after 11 years still only costs $15/mo or $10-11 when you pay annually. A PLEX also remains unchanged at approx $17.50 except when they go on sale. Where are these high prices that affect subscription numbers you speak of? Once PLEX enter the game what they cost in pixel-spacebux is up to players not CCP. Gÿ+ 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'.
Jackie Fisher Syrkos Technologies Joint Venture Conglomerate 396	Posted - 2014.11.13 16:26:12 - [28] - Quote OP is Ed Miliband and I claim my -ú10. Fear God and Thread Nought
Ridvanson 16	Posted - 2014.11.13 16:36:04 - [29] - Quote Mehrune Khan wrote: Taxing PLEX would just increase the cost of PLEX. When in real life has a new tax made anything cheaper for you to buy? An additional tax is just an example for a means to prohibited players from messing with PLEX. Doc Fury wrote: Once PLEX enter the game what they cost in pixel-spacebux is up to players not CCP. As stated above, CCP is anyway interfering with the PLEX market in a rather direct fashion by giving them out for special events. Why not have mechanics take care of that .... Besides, it's not like there aren't any running costs for other activities in EVE already. Jackie Fisher wrote: OP is Ed Miliband and I claim my -ú10. That guy? I am not :P
Vincent Athena V.I.C.E. 2969	Posted - 2014.11.13 16:37:22 - [30] - Quote In economic theory there is something called Giffen good (good, as in "goods and services"). These are goods which have a reversed demand curve. That is, an increase in price results in an decrease in supply. It is possible that the PLEX is a Giffen good. To see how this could be, first let me recast what I mean by "the price of the PLEX". Consider how much Real Money (RM) I need to buy, say, 10 billion ISK via PLEX. As the ISK price of the PLEX increases, the price, in RM, of ISK is decreasing. I need to buy fewer PLEX to get 10 billion ISK. Normally one would expect this to increase the demand for ISK obtained via PLEX. As the RM cost of 10 billion ISK drops, more players will opt to make the purchase. But if the PLEX is a Giffen good, then the reverse happens. The mechanism may be: The number of people who would want a supercap is limited by the number of characters who have skills to fly them, not the super's price. Dropping the price of supers will have only a small effect on their demand. (I'm assuming a player does not want spare supers sitting about, they want most every one logged off in space with a pilot sitting in it.) A player with little ISK can buy a super by using Real Money to buy PLEX, selling the PLEX for ISK and buying the super. As the ISK value of a PLEX increases, the number of PLEX the player need buy goes down. Increased ISK price leads to reduced supply of PLEX. (Or, to put it another way, the decreasing price of ISK leads to decreasing demand for PLEX). This makes the PLEX a Giffen good. A numerical example: Say the ISK price of the PLEX increases by 10%. Any player deciding to make a big purchase now needs to buy 10% fewer PLEX. Lets say as a result of the better price, 5% more players decide to make such a purchase. Yes, the total players buying PLEX increases, and the total ISK bought increases, but as each now buys fewer PLEX, the total demand for PLEX goes down. Again, we have a Giffen good. http://vincentoneve.wordpress.com/



Pages: [1] 2 3 :: one page
First page \| Previous page \| Next page \| Last page

COPYRIGHT NOTICE
EVE Online, the EVE logo, EVE and all associated logos and designs are the intellectual property of CCP hf. All artwork, screenshots, characters, vehicles, storylines, world facts or other recognizable features of the intellectual property relating to these trademarks are likewise the intellectual property of CCP hf. EVE Online and the EVE logo are the registered trademarks of CCP hf. All rights are reserved worldwide. All other trademarks are the property of their respective owners. CCP hf. has granted permission to EVE-Search.com to use EVE Online and all associated logos and designs for promotional and information purposes on its website but does not endorse, and is not in any way affiliated with, EVE-Search.com. CCP is in no way responsible for the content on or functioning of this website, nor can it be liable for any damage arising from the use of this website.