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Xanato Kaso
Kaso Enterprises
19
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Posted - 2014.11.13 12:46:33 -
[1] - Quote
Why are they going up so fast??? Last month when I plexxed my accounts i was getting them for around 780m ea. Now they are running almost 900m!!!! |
Bl1SkR1N
Euphoria Released Triumvirate.
49
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Posted - 2014.11.13 13:00:03 -
[2] - Quote
Too much money poured into economy |
Bad Bobby
Bring Me Sunshine In Tea We Trust
617
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Posted - 2014.11.13 14:15:31 -
[3] - Quote
Because PLEX are massively underpriced. |
Meilandra Vanderganken
Aliastra Gallente Federation
133
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Posted - 2014.11.13 16:14:09 -
[4] - Quote
Because many players like to play without spending RL cash on EVE. |
Bad Bobby
Bring Me Sunshine In Tea We Trust
622
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Posted - 2014.11.13 16:26:17 -
[5] - Quote
Meilandra Vanderganken wrote:Because many players like to play without spending RL cash on EVE. Many people like to have a second account without having to pay two subs. |
RAW23
864
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Posted - 2014.11.13 16:33:17 -
[6] - Quote
They are being very heavily manipulated both up and down but with the overwhelming trend being upwards. In a sense Bobby is right that they are undervalued, in that we obviously haven't yet hit the price beyond which supply will outstrip demand. On the other hand, from another perspective they are very much overpriced as 'plex producers' are willing to sell their product for much, much less. Without heavy manipulation the price would fall to something much nearer the lower levels that the people who create and sell plex would be willing to accept but the traders and medium to long term speculators have stepped into the gap to push prices towards the ceiling that demand will allow.
What I really like about the market at the moment is it's instability as this means margins are frequently opening and closing, making it a fun and dynamic market to watch on a daily basis.
_There are two types of EVE player: _
those who believe there are two types of EVE player and those who do not.
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Bad Bobby
Bring Me Sunshine In Tea We Trust
622
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Posted - 2014.11.13 16:43:59 -
[7] - Quote
RAW23 wrote:Without heavy manipulation the price would fall But we are not planning to take our foot off the accelerator any time soon.
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RAW23
864
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Posted - 2014.11.13 16:59:13 -
[8] - Quote
Bad Bobby wrote:RAW23 wrote:Without heavy manipulation the price would fall But we are not planning to take our foot off the accelerator any time soon.
I believe you
I'm still going to confine myself to cashing out of plexes at the end of any day's trading session, though, as I really don't want to be holding a significant stack overnight when the drop comes, even if it's only a drop to restock.
Now, if I wasn't living hand to mouth and had significant assets to invest then ... well, I'm still not sure. But then, I stayed out of the T2 BPO market for years because I knew a crash was coming. Sadly, by the time the crash did come (five years after I had come to my conclusions) I could have made more than enough profits to have covered the final crash losses. I think I may just be too risk averse
Edit - I also know who to direct my corp-mates to when they are complaining about plex prices
_There are two types of EVE player: _
those who believe there are two types of EVE player and those who do not.
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Bad Bobby
Bring Me Sunshine In Tea We Trust
622
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Posted - 2014.11.13 17:17:31 -
[9] - Quote
RAW23 wrote:I stayed out of the T2 BPO market for years because I knew a crash was coming. Sadly, by the time the crash did come (five years after I had come to my conclusions) I could have made more than enough profits to have covered the final crash losses. I think I may just be too risk averse The trick was to use your T2 BPOs as collateral on loans that you use to buy more T2 BPOs.
Someone has to hold the bag, but it doesn't have to be you. |
RAW23
864
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Posted - 2014.11.13 17:43:57 -
[10] - Quote
Bad Bobby wrote:RAW23 wrote:I stayed out of the T2 BPO market for years because I knew a crash was coming. Sadly, by the time the crash did come (five years after I had come to my conclusions) I could have made more than enough profits to have covered the final crash losses. I think I may just be too risk averse The trick was to use your T2 BPOs as collateral on loans that you use to buy more T2 BPOs. Someone has to hold the bag, but it doesn't have to be you.
I did a fair bit of that with technetium back in the day. Must confess that I did wonder about the ethics of it, though, but since I would always have made good any losses it didn't personally seem to problematic. I suspect other might not have done, though ...
_There are two types of EVE player: _
those who believe there are two types of EVE player and those who do not.
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Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
3610
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Posted - 2014.11.13 22:49:33 -
[11] - Quote
RAW23 wrote:Bad Bobby wrote:RAW23 wrote:I stayed out of the T2 BPO market for years because I knew a crash was coming. Sadly, by the time the crash did come (five years after I had come to my conclusions) I could have made more than enough profits to have covered the final crash losses. I think I may just be too risk averse The trick was to use your T2 BPOs as collateral on loans that you use to buy more T2 BPOs. Someone has to hold the bag, but it doesn't have to be you. I did a fair bit of that with technetium back in the day. Must confess that I did wonder about the ethics of it, though, but since I would always have made good any losses it didn't personally seem too problematic. However, I suspect certain others might have been willing to default ...
Ethics have no place in EVE, they are a weakness.
IRL is very different.
www.minerbumping.com - Mining accidents are on the increase. Don't become a statistic, become a permit holder!
Ganking doesn't need a purpose, the gank is its own purpose.
You don't ask why a plague spreads or a field burns. Don't ask why I gank.
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Xanato Kaso
Kaso Enterprises
19
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Posted - 2014.11.14 02:54:05 -
[12] - Quote
I have 7 accounts. its getting rediculous. I have to spend so much time playing the game doing what i dont want just so i can play the game. and each month its costing more and more time. why? cus some buttheads want to have phat bank sucks. |
Signal11th
1467
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Posted - 2014.11.14 10:57:46 -
[13] - Quote
Xanato Kaso wrote:I have 7 accounts. its getting rediculous. I have to spend so much time playing the game doing what i dont want just so i can play the game. and each month its costing more and more time. why? cus some buttheads want to have phat bank sucks.
You have answered your own questions tbh, I have 4 accounts I run one, why? I'm not prepared to put that much time in to plex the other 3 accounts. People need to stop whining about it and either suck it up and pay or lose the accounts for now that they don't need and eventually when the demand falls the price will as well, it's pretty simple.
If you are moaning about plexing 7 accounts but in the end are still paying for the plex you can't complain about ever increasing prices.
There are fairly simple things that CCP could do that would pretty much half the price of plex overnight (e.g time limit on plex) but it won't be in their best interest to do so so don't expect them to do anything about it.
Only players can force a change like anything in life, if enough people stop plexing the price will drop like a stone.
Powered by reaTh Filter V1.23 "All posts by this pilot are personal held views and not representitive of any corp or alliance I am currently a member of. Like I'd give a sh*t anyway.
God Said "Come Forth and receive eternal life!" I came fifth and wo
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Ria Nieyli
22246
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Posted - 2014.11.14 11:03:05 -
[14] - Quote
Bad Bobby wrote:Because PLEX are massively underpriced.
An item that has no inherent ingame cost can never ever be underpriced. The funny part is, that no matter how low the price might be, there will always be people that are falling off the bottom since they can't afford it. I'm watching the effects of the price climb on people with morbid curiosity.
Mirrored eyes
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Jean Luc Lemmont
Federal Navy Academy Gallente Federation
258
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Posted - 2014.11.14 17:05:57 -
[15] - Quote
Personally, I'm loving the current PLEX prices. Since I pay for my subs with RL cash, I just buy PLEX to resell - I haven't had to PVE in months and I can still replace ship losses without issues.
A bitter vet trying to start anew.
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Adunh Slavy
1593
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Posted - 2014.11.14 20:09:54 -
[16] - Quote
Xanato Kaso wrote:I have to spend so much time playing the game ... so i can play the game.
Ok then
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.-á-á- William Pitt
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Vaerah Vahrokha
Vahrokh Consulting
5567
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Posted - 2014.11.14 20:16:43 -
[17] - Quote
Sabriz Adoudel wrote:RAW23 wrote:Bad Bobby wrote:RAW23 wrote:I stayed out of the T2 BPO market for years because I knew a crash was coming. Sadly, by the time the crash did come (five years after I had come to my conclusions) I could have made more than enough profits to have covered the final crash losses. I think I may just be too risk averse The trick was to use your T2 BPOs as collateral on loans that you use to buy more T2 BPOs. Someone has to hold the bag, but it doesn't have to be you. I did a fair bit of that with technetium back in the day. Must confess that I did wonder about the ethics of it, though, but since I would always have made good any losses it didn't personally seem too problematic. However, I suspect certain others might have been willing to default ... Ethics have no place in EVE, they are a weakness. IRL is very different.
I have had HUGE advantages with ethics in EvE.
I wish I could say the same about your mentioned RL...
Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel
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Awesome MILF
Imperial Academy Amarr Empire
1
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Posted - 2014.11.14 22:49:33 -
[18] - Quote
in fact I'm surprised PLEX doesnt cost like 3b, provided most people brag about earning hundreds of millions passively every day.
Xanato Kaso wrote:I have 7 accounts. its getting rediculous. I have to spend so much time playing the game doing what i dont want just so i can play the game. and each month its costing more and more time. why? cus some buttheads want to have phat bank sucks.
may I suggest STOP the obsession and play the GAME? There's no way you ENJOY eve online if you run 7 accounts. You have converted the game into a JOB.
stop it mate. |
Xanato Kaso
Kaso Enterprises
19
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Posted - 2014.11.14 23:52:07 -
[19] - Quote
Awesome MILF wrote:in fact I'm surprised PLEX doesnt cost like 3b, provided most people brag about earning hundreds of millions passively every day. Xanato Kaso wrote:I have 7 accounts. its getting rediculous. I have to spend so much time playing the game doing what i dont want just so i can play the game. and each month its costing more and more time. why? cus some buttheads want to have phat bank sucks. may I suggest STOP the obsession and play the GAME? There's no way you ENJOY eve online if you run 7 accounts. You have converted the game into a JOB. stop it mate.
I enjoy mining. 6 of my toons are dedicated towards mining and this one is towards combat. but I have to spend a lot of time mining just to pay for PLEXES when i could be using those minerals for my industry goals. all due to the super inflated price of PLEX. |
Rain6637
GoonWaffe Goonswarm Federation
24681
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Posted - 2014.11.15 00:43:28 -
[20] - Quote
pretty sure 90% of the people you think are causing a problem are doing the same thing you are. mining.
if you all stopped mining just to PLEX, the price of PLEX might go down.
that's not irony
President of the Commissar Kate Fanclub | Twitter |-ámk.III | Imgur
| Evening Games Club: Casino concept redefined |
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Nemah Xadi
Hedion University Amarr Empire
14
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Posted - 2014.11.15 01:06:11 -
[21] - Quote
Xanato Kaso wrote:I enjoy mining. 6 of my toons are dedicated towards mining and this one is towards combat. but I have to spend a lot of time mining just to pay for PLEXES when i could be using those minerals for my industry goals. all due to the super inflated price of PLEX.
You are your own worst enemy. Train those 6 characters into catalysts and go gank other multiboxers instead. |
Xanato Kaso
Kaso Enterprises
19
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Posted - 2014.11.15 01:17:42 -
[22] - Quote
Rain6637 wrote:pretty sure 90% of the people you think are causing a problem are doing the same thing you are. mining.
if you all stopped mining just to PLEX, the price of PLEX might go down.
that's not irony
well i mine so i can build ships to go pvp with. but i have to plex my toons so i also mine so i can plex.
Nemah Xadi wrote:Xanato Kaso wrote:I enjoy mining. 6 of my toons are dedicated towards mining and this one is towards combat. but I have to spend a lot of time mining just to pay for PLEXES when i could be using those minerals for my industry goals. all due to the super inflated price of PLEX. You are your own worst enemy. Train those 6 characters into catalysts and go gank other multiboxers instead.
how am i my own worst enemy |
Derath Ellecon
Washburne Holdings Situation: Normal
2333
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Posted - 2014.11.15 05:54:34 -
[23] - Quote
Xanato Kaso wrote:Awesome MILF wrote:in fact I'm surprised PLEX doesnt cost like 3b, provided most people brag about earning hundreds of millions passively every day. Xanato Kaso wrote:I have 7 accounts. its getting rediculous. I have to spend so much time playing the game doing what i dont want just so i can play the game. and each month its costing more and more time. why? cus some buttheads want to have phat bank sucks. may I suggest STOP the obsession and play the GAME? There's no way you ENJOY eve online if you run 7 accounts. You have converted the game into a JOB. stop it mate. I enjoy mining. 6 of my toons are dedicated towards mining and this one is towards combat. but I have to spend a lot of time mining just to pay for PLEXES when i could be using those minerals for my industry goals. all due to the super inflated price of PLEX.
It's more the fact that you picked one of the lowest isk activities in the game |
Jurico Elemenohpe
Laughing Coffin's
6
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Posted - 2014.11.15 09:15:45 -
[24] - Quote
Bl1SkR1N wrote:Too much money poured into economy But what's changed in the past month that caused this spike? I don't remember any new faucets being introduced. |
Xanato Kaso
Kaso Enterprises
21
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Posted - 2014.11.15 10:49:23 -
[25] - Quote
Derath Ellecon wrote:Xanato Kaso wrote:Awesome MILF wrote:in fact I'm surprised PLEX doesnt cost like 3b, provided most people brag about earning hundreds of millions passively every day. Xanato Kaso wrote:I have 7 accounts. its getting rediculous. I have to spend so much time playing the game doing what i dont want just so i can play the game. and each month its costing more and more time. why? cus some buttheads want to have phat bank sucks. may I suggest STOP the obsession and play the GAME? There's no way you ENJOY eve online if you run 7 accounts. You have converted the game into a JOB. stop it mate. I enjoy mining. 6 of my toons are dedicated towards mining and this one is towards combat. but I have to spend a lot of time mining just to pay for PLEXES when i could be using those minerals for my industry goals. all due to the super inflated price of PLEX. It's more the fact that you picked one of the lowest isk activities in the game
I enjoy mining, I just dont enjoy having the fruits of my labor get wasted on PLEX, and then having to waste even more because someone felt like manipulating the market. |
Ria Nieyli
22317
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Posted - 2014.11.15 11:53:35 -
[26] - Quote
Xanato Kaso wrote:I enjoy mining, I just dont enjoy having the fruits of my labor get wasted on PLEX, and then having to waste even more because someone felt like manipulating the market.
Have you considered subscribing with cash? Instant solution.
Clone Grade Nu
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Vaerah Vahrokha
Vahrokh Consulting
5567
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Posted - 2014.11.15 12:25:04 -
[27] - Quote
Xanato Kaso wrote: I enjoy mining, I just dont enjoy having the fruits of my labor get wasted on PLEX, and then having to waste even more because someone felt like manipulating the market.
You know, you could leave the typical miner victim mentality and actually deal with what you don't like?
It's markets.
As the guy who teached me RL trading always tells: "trading is about money and facts. All the rest is fluff and empty talk".
You are on Market Discussion, where money talks. Slam your money on the table and teach'em a lesson. Or don't, and keep posting about your impotence on a forum for what it can help you (hint: it doesn't).
Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel
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Xanato Kaso
Kaso Enterprises
21
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Posted - 2014.11.15 12:32:52 -
[28] - Quote
Ria Nieyli wrote:Xanato Kaso wrote:I enjoy mining, I just dont enjoy having the fruits of my labor get wasted on PLEX, and then having to waste even more because someone felt like manipulating the market. Have you considered subscribing with cash? Instant solution.
Yeah I am legally disabled, unable to work going through chemotherapy and on an extremely fixxed income with no way to change it. Paying for EVE is not possible. The only reason I am able to play is because of PLEX |
Xanato Kaso
Kaso Enterprises
21
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Posted - 2014.11.15 12:37:50 -
[29] - Quote
Vaerah Vahrokha wrote:Xanato Kaso wrote: I enjoy mining, I just dont enjoy having the fruits of my labor get wasted on PLEX, and then having to waste even more because someone felt like manipulating the market.
You know, you could leave the typical miner victim mentality and actually deal with what you don't like? It's markets. As the guy who teached me RL trading always tells: "trading is about money and facts. All the rest is fluff and empty talk". You are on Market Discussion, where money talks. Slam your money on the table and teach'em a lesson. Or don't, and keep posting about your impotence on a forum for what it can help you (hint: it doesn't).
I understand that there are better ways to make ISK than mining. BUT I DO NOT ENJOY DOING THEM. And I did not come here whining about my miner woes. I came on here to discuss the PLEX prices |
Nemah Xadi
Hedion University Amarr Empire
14
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Posted - 2014.11.15 16:10:29 -
[30] - Quote
Wouldn't play this game unless I could plex my accounts either. But there are other free games out there when the eve grind gets too boring. And I've quit eve before. So can you. |
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