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.

You are all so silly... EVE MD people, you so silly.

Plex only has a value as long as CCP declares it is valid tender. The day that Plex is declared unsaleable, or non-market based is the day that all your time and effort is worthless.

Is this likely to happen? No
Could it happen? Yes

Before you say that CCP would never do such a thing it would behoove people to look at history. There are numerous examples of priceless items being made worthless with one devblog, including out of game assets.

You willing to put everything you worked for in this game, possibly even real life cash up to the support the belief that PLEX will be around forever and CCP doesn't ever mess with the market of the most secretive item in it's history? OK, have fun.

Well my problem with Plex is multi-faceted and stems from two problems, one the demand is dropping as the player base becomes "younger" and new accounts buy old ones which requires Isk. Demand is dropping because subscription numbers are taking a beating and have been naturally declining for 3.5 years.

But two, my problem is also that while the argument that Plex has utility as game time is valid on its face, when one looks at the history of CCP and the decisions as of late, I wouldn't put much stock into anything being the same in 6 months as it is today. Look at the mutlibox rule changes, team industry reversal, the sudden inclusion of dual skill training, training itself was massively changed and of course the GTC change which was huge and was game altering.

And last like you said the supply cannot be controlled. Realize it would only take one Eve player winning the lottery, or inheiriting a lot of money to crash the market down to 0. 3600 buy orders up today, 4000 sell orders. If someone had say 50k euro they could sell to every buy order and leave 4000 units to trickle through the next few weeks in an already over supplied market.

The only sound reason for why Plex has "always gone up" is that the economy worldwide was in shambles when they released it and continued to stagnate along with massive inflation in the game from WH's and Incursions. If CCP were to nerf Incursions or WH's the value of isk would start to tighten again, Economics 101. If the global economy continues to improve like it already has in the US and Canada and Australia, then people will have disposable income for Plex again and your oversupply starts to become a real problem.

The only sound reason for why Plex has "always gone up" is that the economy worldwide was in shambles when they released it and continued to stagnate along with massive inflation in the game from WH's and Incursions. If CCP were to nerf Incursions or WH's the value of isk would start to tighten again, Economics 101. If the global economy continues to improve like it already has in the US and Canada and Australia, then people will have disposable income for Plex again and your oversupply starts to become a real problem.

#4 especially, see www.eve-offline.net and check out the new character joins in the last 6 months. Other than the week of the expansion, the new character builds were up sharply after isboxer videos were made in the early summer. I know it was around much earlier, but popularity didn't start until this year. After the announcement to ban, new character builds drop (except during expansion week).

I'm not confusing anything, look for yourself. It's a widely known phenomenon that HUGE battles in EVE get quite of a bit media coverage outside of our own community which attracts LOTS of new players. B-R5RB has a Wikipedia article for globs sake . I'm pretty sure a dev commented on the phenomenon while the jump changes were being discussed which were likely a factor for the creation of the "This is EVE" trailer which had a similar, albeit lesser, effect.

So show me these massively popular ISBoxer videos that caused a spike in new character creations, because I don't buy that for a second.

I think they have some very valid reasons for taking Plex out of the game and into the AUR market. Many sad speculators when this happens.

That example contained the Armageddon battleship, which cost 60 mil then, and 180 now - a 200% increase, or ((180/60)^(1/12) - 1) * 100 = 9.58% avg yearly inflation.

I am willing to better 10 PLEX that we are NOT going to hit 750 in the next 3 months

Sale hit as predicted - dev blog next

I'll take the bet at a 3:1 ratio. Average across 4 major trade hubs by August 1st.

I know of a few "speculative investors", that do not touch PLEX, due to CCP has clearly and repeatedly stated that "massive" manipulation of PLEX will get you banned.

leaving CCP without 20% extra farm producs

[quote=Loki Yamaguchi]

Are people buying at that price? This question is unconnected with me just having banked my tax refund.

The price simply is fatally decoupled from the Value of Plex as a service.

The issue is not price, It is price of an exchangeable commodity, no longer having a relationship to the inherent value of the commodity.

Whether SOME people can afford to, and are willing to pay these prices is of no importance whatsoever.

We've seen over the years a fairly consistent percentage of our player base PLEX their accounts. If this percentage begins to decline consistently, and is not being counteracted by an increase in subscriber counts, then I'm sure we would take a look in to the system.

Let me ask you, do you see no connection between this and the reduction of concurrent players, the unsubbing of alts, the reduction of multiple pilot training and the velocity of isk in the economy? The very reasons for Plex to exist?

Please tell me how any human being, in their right mind will use their reserves to keep alts or multiple training going, on a regular basis! At the current vastly inflated value of plex.

Let me repeat, Pilots services, as a class are different to every other commodity in Eve, their existence is existential to the prosperity of CCP and they will not permit them to be manipulated and distorted either deliberately or through misunderstanding their nature as a tool intended to be redeemed , indefinitely.

So I do reserve the rights that if we feel the market's not representing a good, efficient market at any given time we will intervene, but I always know and feel that this is not the way to go for any long term stability. A price is a price. People have been posting on the internet, "Ah wait until price reaches a billion". Why a billion? That's low. Serenity prices are 3.6 billion per PLEX, yeah. What is the right price? This is not the show of what's the right price, right? [Audience member: "There is no right price"]. There is no right price, you're learning. Nice to have these repeat customers coming over and over again, so I can know that in ten years time my message will have been learned and the system will behave as I want to.

You totally ignored the question.

They are entitled to their opinion, whether credible or not.

[...]
So now that statement you proposed, repeated ad infinitum almost as a universal truth, until people started to believe it, has been publicly Exposed as a lie, literally a cover for RMTers actions, new Propaganda will need to be written by the RMTers, to be repeated by the gullible at every opportunity.

CCP understand, are not gullible, have seen through the clumsy lies, and are on to them, and Know EXACTLY what they are doing.

[...]

If you feed rats, you soon find them crawling all over your living room.
Who would you rather CCP support, RMTers or Players?

When Plex sells in game, at a price that is not a banquet for the "rats", and still desireable enough that CCP makes a good income, Traders have a commodity in good supply and demand, and Players can buy it for isk for fair labour.

Then Plex is good, fair and functional.

If it merely plays to RMTers and speculators, both long and short term, and creates a feeding frenzy where traders drive the price to more and more unrealistic levels, and end users cease to even consider it as something that they can actually use.

[...]

...and I'm illiterate too?

The high Price of plex in certain countries, in real money makes the unofficial transaction appealing.

Inflation manifests rather strongly in PLEX, don't it.

One: suppose I can play Eve from work. If I play long enuf to buy a plex while I am at work does that mean I shouldn't grind ISK at work?

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.

Plex are too expensive, skill extractors are too cheap and skill injectors are too expensive.

All I will say is 1.1 B isk is worth more than ~ $17. And now there is a new way of looking at the value of that plex because of injectors/ extractors.

No, it is to everyone considering what it takes to make 17 usd to what it takes to make 1.1 B in game. And that's just a fact. Very easy to make 17 bucks. Much harder to make 1.1 B isk.