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Thread Statistics | Show CCP posts - 0 post(s) |
Xanato Kaso
Kaso Enterprises
21
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Posted - 2014.11.15 16:32:48 -
[31] - Quote
Nemah Xadi wrote: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.
oh ive quit eve a couple of times. my account has been around since 2011 but I only have 20m sp. and this is the only character on the account |
Waltaratzor
Glorious Revolutionary Armed Forces of Highsec CODE.
3
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Posted - 2014.11.15 17:06:54 -
[32] - Quote
Plex prices have been increasing because CCP has consistently made everything else easier to acquire. There have been a series of changes over the years that have made high sec in particular easier and less risky. PLEX on the other hand is has a fixed RL value and is constantly being removed from the economy. I would also speculate that supply isn't very elastic when it comes to plex, so price changes happen fairly rapidly on the demand side of the equation.
Its not surprising plex prices rise then. |
Angelica Everstar
53
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Posted - 2014.11.15 17:24:56 -
[33] - Quote
Xanato Kaso wrote: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!!!!
"PLEX are to damn expensive !!!"
Like I have said so many times before... When we hit 300m, 400m, 500m, 600m, 800m and more.
"Just wait, it's going to go higher. The market is not done yet".
§ Any typos, bad spelling or grammar found, are yours to keep.
¦Æ In progress : Angel ConsultingGäó || Angel's Pawn ShopGäó
¢ Bonds : Current AE06 200b // Total : 1.05 Trillion ISK
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Derath Ellecon
Washburne Holdings Situation: Normal
2333
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Posted - 2014.11.15 18:52:00 -
[34] - Quote
Xanato Kaso wrote: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
But how you make your isk is completely relevant to the discussion. Yes there is market manipulation. But there are also plenty of people willing and able to pay the high PLEX prices. Largely because they make better isk/hr than a miner.
If you choose a low income profession you have to accept you may need to live on less. |
Vera Algaert
Republic University Minmatar Republic
1388
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Posted - 2014.11.15 21:02:18 -
[35] - Quote
Xanato Kaso wrote: I came on here to discuss the PLEX prices So what do you want to discuss about PLEX prices?
The reasons for potentially high prices have been explained in this thread, one of those probably responsible for turning that potential into a reality has stepped forward and told you that prices will continue to rise, and finally RAW has pointed out that prices might at some point be allowed to crash so people can restock. There even was a morally dubious "How to earn money with PLEX without doing anything or taking any risks" section.
If you are looking for a discussion thread then put something forward that can be discussed. If you are looking for commiseration (regarding the price of PLEX - we all hope that your health will improve) then you have posted in the wrong subforum.
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Bad Bobby
Bring Me Sunshine In Tea We Trust
631
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Posted - 2014.11.16 07:23:30 -
[36] - Quote
Xanato Kaso wrote:The only reason I am able to play is because of PLEX I have sympathy with your situation.
In the real world I'm semi-retired and have to live on an income 1/4 of what I was earning a few years ago. If PLEX was not an option, EVE would not be an option for me. I also have very little interest in playing EVE with only one account. I've had to cut down to 8 accounts from a much larger number in recognition of the rising costs and dwindling utility of those additional accounts.
Both of us serve at the pleasure of the PLEX market.
All I can suggest is that you look into the options for what you can do in parallel with your core gaming experience using the multiple accounts you have to make a little more isk on the side and ease the burden on your mining income. |
Bl1SkR1N
Euphoria Released Triumvirate.
49
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Posted - 2014.11.16 09:15:31 -
[37] - Quote
Jurico Elemenohpe wrote: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.
Well plex has been on growth longer time. Negative inpact could be caused by activities like incursions that pour direct isk into economy, instead of rewards like LP which cause money ciruclation. Or lot of renters, combinated with not so many explosions in null sec warfare(pre-phoebe).
Increase in recent price growth could be because of people stacking up plexes...after all, they have been on the rise for a long time, so it makes good investment option. If you going out of eve, you just put your cash into plexes and when you get back you cash out the profit. But that's generally known...question is when will it reach critical limit and then the bubble pops :3 hopefully :D |
Elizabeth Norn
Nornir Research
431
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Posted - 2014.11.16 11:54:55 -
[38] - Quote
Awesome MILF wrote: 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.
Sorry, but you don't know the correlation between enjoyment and account numbers for people other than yourself.
Xanato: if you enjoy mining then what's wrong with mining so you can mine more? If you don't enjoy doing that, then there's other ways that require very little effort that you can do while mining to increase your income :).
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Bad Bobby
Bring Me Sunshine In Tea We Trust
632
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Posted - 2014.11.16 12:08:10 -
[39] - Quote
Elizabeth Norn wrote:there's other ways that require very little effort that you can do while mining to increase your income :). Trading Manufacturing Blueprint research Invention PI
Any one of these can be set up to run in the background, using the resources you already pay for in having multiple accounts.
They need not distract you from your core gameplay, they just have to contribute to paying for it. |
Athanor Ruthoern
united system's commonwealth
16
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Posted - 2014.11.16 17:02:55 -
[40] - Quote
Another factor to put into condieration is dual character training and it has become more popular to have multiple character for dual boxing with multi boxing hardware and software becoming legal. CCp has formerly confirmed that they keept plex prices artificially low with confiscaded it is unknown ot me if this stil is the case or the stopped with it. |
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Jennifer Light
School of Applied Knowledge Caldari State
0
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Posted - 2014.11.17 11:32:03 -
[41] - Quote
I Still remember the days when PLEX used to cost 300 - 350 mil. I was like why so expencive Ahhh the old good days. |
Xanato Kaso
Dojiin-Kai OuterHeaven-SoldiersWithoutBorders
21
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Posted - 2014.11.17 21:01:40 -
[42] - Quote
Jennifer Light wrote:I Still remember the days when PLEX used to cost 300 - 350 mil. I was like why so expencive Ahhh the old good days.
I remember then as well. |
Xanato Kaso
Dojiin-Kai OuterHeaven-SoldiersWithoutBorders
21
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Posted - 2014.11.17 21:02:43 -
[43] - Quote
Athanor Ruthoern wrote:Another factor to put into condieration is dual character training and it has become more popular to have multiple character for dual boxing with multi boxing hardware and software becoming legal. CCp has formerly confirmed that they keept plex prices artificially low with confiscaded it is unknown ot me if this stil is the case or the stopped with it.
what do you mean keeping pricces artificially low?
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Alek Azam
Blue Republic RvB - BLUE Republic
27
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Posted - 2014.11.17 21:27:14 -
[44] - Quote
Stored plex were removed from banned accounts. This was used by CCP not to keep prices low, but to smooth large price spikes. The aim was to allow the market to move but not have huge changes in price.
Blog: http://sellyourmainbro.blogspot.co.uk/
Twitter: @_Alek_Azam_
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Nemah Xadi
Hedion University Amarr Empire
16
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Posted - 2014.11.18 00:48:57 -
[45] - Quote
Alek Azam wrote:Stored plex were removed from banned accounts. This was used by CCP not to keep prices low, but to smooth large price spikes. The aim was to allow the market to move but not have huge changes in price.
So the only question then is, how do we get more people with plex banned? |
Claire Voyant
149
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Posted - 2014.11.18 02:11:43 -
[46] - Quote
Nemah Xadi wrote:Alek Azam wrote:Stored plex were removed from banned accounts. This was used by CCP not to keep prices low, but to smooth large price spikes. The aim was to allow the market to move but not have huge changes in price. So the only question then is, how do we get more people with plex banned? I doubt that there is any shortage of confiscated PLEX. It is possible that the real reason we haven't seen an intervention yet is that the Eve Central Banker left to run a small community college in northern Iceland about five months ago and no one has been named to fill his clown-sized shoes. |
Alek Azam
Blue Republic RvB - BLUE Republic
27
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Posted - 2014.11.18 10:30:31 -
[47] - Quote
Pretty sure they said they did intervene. But wouldn't say at what point or how many plex were used.
Blog: http://sellyourmainbro.blogspot.co.uk/
Twitter: @_Alek_Azam_
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Kaivar Lancer
Little Rat Company
573
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Posted - 2014.11.18 11:18:24 -
[48] - Quote
Don't care about the reason. At this point I'm letting my account expire. 1b PLEX is ridiculous. |
Bl1SkR1N
Euphoria Released Triumvirate.
49
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Posted - 2014.11.18 15:04:45 -
[49] - Quote
I would really die for seeing how many plexes pilots actually have sitting in hangars. These prices are not caused by people subbing accounts. |
Nominae Malaketh
Sebiestor Tribe Minmatar Republic
0
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Posted - 2014.11.18 15:44:17 -
[50] - Quote
Real money for plex plus rising PLEX prices has created a run away inflation effect. We just have to wait for the market to either stabalize or crash. As prices continue to rise more people will see a resonable profit in buying plex for real cash and selling it for isk. My primary question is who out there is buying plex at such outrageous prices to keep the market rising?
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RAW23
867
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Posted - 2014.11.18 15:56:11 -
[51] - Quote
Nominae Malaketh wrote:Real money for plex plus rising PLEX prices has created a run away inflation effect. We just have to wait for the market to either stabalize or crash. As prices continue to rise more people will see a resonable profit in buying plex for real cash and selling it for isk. My primary question is who out there is buying plex at such outrageous prices to keep the market rising?
I'm sure the people making absurd amounts of isk pushing the plex market higher will be using plex to pay for their accounts
Also, lots of traders and industrialists for whom a few bil a month on plex is no great problem. Also wormholers, dedicated null ratters, incursioners and pretty much anyone who makes multiple billions a week (or a day) with relative ease.
_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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Ria Nieyli
23095
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Posted - 2014.11.18 15:57:10 -
[52] - Quote
Nominae Malaketh wrote:Real money for plex plus rising PLEX prices has created a run away inflation effect. We just have to wait for the market to either stabalize or crash. As prices continue to rise more people will see a resonable profit in buying plex for real cash and selling it for isk.
Not really. People that would buy PLEX for $ already do. It just means that they need to buy less plex than they used to, so there's an even lesser amount of units entering the market.
Clone Grade Nu
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flakeys
Arkham Innovations
2577
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Posted - 2014.11.18 15:58:27 -
[53] - Quote
Nominae Malaketh wrote:Real money for plex plus rising PLEX prices has created a run away inflation effect. We just have to wait for the market to either stabalize or crash. As prices continue to rise more people will see a resonable profit in buying plex for real cash and selling it for isk. My primary question is who out there is buying plex at such outrageous prices to keep the market rising?
People who don't feel paying rl cash for this game is worth it ?So the question is at what point does the need to grind exceed the will to pay rl cash OR the will to play at all.I see a lot of people rather completely unsibbing then spending rl cash on eve , but that's just my view on it .... and yes it probably is biased .
Speaking for myself , i subbed till summer 2018 a month ago to play skill-online .
We are all born ignorant, but one must work hard to remain stupid.
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Meilandra Vanderganken
Aliastra Gallente Federation
139
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Posted - 2014.11.18 16:02:56 -
[54] - Quote
Nominae Malaketh wrote:Real money for plex plus rising PLEX prices has created a run away inflation effect. We just have to wait for the market to either stabalize or crash. As prices continue to rise more people will see a resonable profit in buying plex for real cash and selling it for isk. My primary question is who out there is buying plex at such outrageous prices to keep the market rising?
PLEX is a weird market. Rising PLEX prices does not mean more ppl will be spending RL cash to get them for isk per se. In fact, as everyone who is buying PLEX with RL cash is getting MORE isk for their money, they don't need to buy as many PLEX with RL cash as they did before to get the same ammount of isk.
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Bl1SkR1N
Euphoria Released Triumvirate.
49
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Posted - 2014.11.18 16:47:21 -
[55] - Quote
Lets all hoard plexes and see how high we can get them |
Xanato Kaso
Dojiin-Kai OuterHeaven-SoldiersWithoutBorders
22
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Posted - 2014.11.18 18:30:35 -
[56] - Quote
I know of one guy who has 800+ PLEX that he is hoarding.... and im sure he isnt the only one..... so im sure there is hundreds of thousands of plex sitting in storage waiting to see how high it goes... |
Obunagawe
415
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Posted - 2014.11.18 18:37:59 -
[57] - Quote
Xanato Kaso wrote:I know of one guy who has 800+ PLEX that he is hoarding.... and im sure he isnt the only one..... so im sure there is hundreds of thousands of plex sitting in storage waiting to see how high it goes...
At least 1.5 million PLEX if my calculations based on CCCP's financial report are correct. Could be a lot more if the "liability" value of a PLEX is a lot less than it's $17.50 "sale" value. |
Meilandra Vanderganken
Aliastra Gallente Federation
139
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Posted - 2014.11.18 18:43:24 -
[58] - Quote
Obunagawe wrote:Xanato Kaso wrote:I know of one guy who has 800+ PLEX that he is hoarding.... and im sure he isnt the only one..... so im sure there is hundreds of thousands of plex sitting in storage waiting to see how high it goes... At least 1.5 million PLEX if my calculations based on CCCP's financial report are correct. Could be a lot more if the "liability" value of a PLEX is a lot less than it's $17.50 "sale" value. An article I read somewhere (can't remember where) said that the number of PLEX 'hoarded' was pretty constant throughout the past few years. Of course that could have changed this year but if his analyis of the financial report were correct then that would mean that PLEX 'hoarding' has not been the driving force behind rising PLEX prices in the past, which in my book makes it unlikely (not impossible mind you) that it has been the driving force in rising prices lately. |
Lilly The Pink
Science and Trade Institute Caldari State
6
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Posted - 2014.11.18 19:10:21 -
[59] - Quote
Well prices are rising so much I'm becoming tempted to hoard some myself.
However from past experience as a rubbish market speculator if an item is looking like a 'must' investment and I decide to throw money at it you can be pretty certain the 'bubble' is about to pop! |
Meilandra Vanderganken
Aliastra Gallente Federation
141
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Posted - 2014.11.18 19:31:01 -
[60] - Quote
Lilly The Pink wrote:Well prices are rising so much I'm becoming tempted to hoard some myself. However from past experience as a rubbish market speculator if an item is looking like a 'must' investment and I decide to throw money at it you can be pretty certain the 'bubble' is about to pop! I do 'some' PLEX hoarding. If I have excess isk that is not used by my trading alts I drop a portion of it into PLEX. Historically, PLEX and b4 that GTC have always gone up in isk value with only minor corrections downwards. It is prolly the most safe investment you can ever do in EVE. Buy a PLEX now and it's almost guaranteed it will be worth more a year from now.
Even if PLEX prices would halve or more, the worst thing that is happening is that I have a bunch of PLEX stored to pay for my accounts for about a year. I can't see PLEX prices crash that hard and stay at such a level for any significant lenght of time though. For that to happen I reckon the game should either be near death (not the case right now and see no reason why that would be the case a year from now), markets could get weird at that point, or, for EVE to become immensely popular with the "I can and don't mind spending tons of cash on a video game"-crowd. The latter being unlikely too... |
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