Personally with the multiboxing changes I'm serious thinking of converting a large amount of my isk to trit, ice and the like rather than invest any more in plex.

Well, at least I know you'll be around to keep me company for some time.

Of course it is.

...and probably even more so, nine months later.

Players who are in-game poor and/or inept mostly push the PLEX price down, as they tend to sell them rather than buy them.

Players who are in-game rich and capable mostly push the PLEX price up, as they tend to buy them (either for use or as an investment).

Once the bar for affording PLEX to sub an account rises to the level where a moderately established and capable player cannot afford them, then we have hit our price. We aren't even close to that point yet.

I'm surprised we have not seen a recent PLEX sale.

Is that a Babylon 5 quote?

plex is dropping down hard it seems, wonder if the speculators are trying to get out somewhat and taking their profits, before they get caught holding Overvalued stock?

I further predicted

Just how many of your friends have put alts into hibernation because it is too time consuming to grind for the cost of plex? and are unhappy with the loss of funtionality and fun that results in, even though they are still holding on to their main for now?

The only solution, if indeed there is one, is to encourage more people to buy PLEX with RL currency and make them available on the market. This will occur naturally once more people are playing the game, enjoying it and are willing to invest more RL currency in it.

My personal feeling is that CCP should lower the monthy subscription cost and the PLEX cost, because in today's gaming marketplace the product they are providing isn't worth the price they are charging for it. But that's very much my personal opinion and CCP's numbers may not agree with me or their financial situation may not be able to endure that change.

I think that's a gross oversimplification. There are many more factors involved in PLEX prices and it's that complexity that makes it difficult for inexperienced onlookers to comprehend. Plenty of people have tried to reduce it down to one or two factors in order to support their own point of view or agenda, but that's just propaganda. I've found it a pretty interesting market to trade in over the many years I've been (ab)using it.

1,174 Sell / 1,126 Buy atm

The combination of the CCP intervention at the end of last week and the ongoing PLEX sale appears to be having some effect. We've seen this before though and it will only be temporary.

I've already called the current stable price of plex at ~1.1B and I expect to see that rise to ~1.2B once these downward pressures have passed. It will be interesting to see if it falls bellow 1.1B this week, it will be a buying opportunity if it does.

1,129 Sell / 1,104 Buy atm

PLEX sale still going strong. Looking good to dip bellow 1.1B during the next few days. As with all previous PLEX sales, the price will bounce back up as soon as the sale is over, so when it goes below 1.1B you should be buying ready to cash in post sale.

It's not that it could get messy, it's that it's either idiotic or redundant.

What reason would they have for believing that? What set of circumstances would make it beneficial?

Sure there will be the odd fool out there behaving irrationally on the market, but it's unlikely that such a person would wield sufficient isk to make an impact on the market, because fools don't generally have that kind of isk.

You are advancing tinfoil theories that are predicated on their being a super rich illuminati that is staffed entirely with imbeciles that are hell bent on losing their isk. I don't think the existence of such a group is plausible, because the entire concept is contradictory.

Which points? The only point I advanced was that you are delusional. It would be somewhat paradoxical if you were to agree with me.

So now I'm incompetent as well as an evil imbecile? This is getting better.

So you know that these evil imbeciles exist?

No this thread should totally be about me.

Are you telling me that you are actually moving plex away from Jita 4-4?

May I ask why?

Quick, run, before he puts the leeches on you!

1,110 Sell / 1,080 Buy atm

PLEX sale still going. Buy, buy, buy!

plex is dropping down hard it seems, wonder if the speculators are trying to get out somewhat and taking their profits, before they get caught holding Overvalued stock?

Everything is proceeding as I have forseen.

When skill extractor madness has died down. Give it a week or two.

But longer term I think things are going to be pretty interesting. I'm looking to see what kind of dynamics set up between PLEX and Skill Injector prices. We've just gone through an unprecedented week in the PLEX market and interested to see what the future holds.