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Dianalexia
Gea'Vii Enterprises
3
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Posted - 2014.11.14 01:19:56 -
[1] - Quote
If CCP would want to regulate the player manipulation of PLEX prices and let them to be subjected to real demand and offer, they could implement the Stack system:
- only plexes directly bought / redeemed with real money can be put on market - plexes bought from market can't be resold. Instead they go to a Stack (which is a copy of the redeem system). Why a stack? Because you might need multiple plexes for some actions / offers (like 3 plexes for the power of two offers).
Now you will have a system almost free of player manipulation (I doubt there would be many people willing to spend real money to influence the market price), you would be able to hoard as many plexes as you like and keep using them as you currently do (except price manipulation).
But this only if CCP will consider that the plex price manipulation is becoming a real problem.
That's it. |
Antillie Sa'Kan
Forging Industries Silent Infinity
751
|
Posted - 2014.11.14 01:47:58 -
[2] - Quote
Dianalexia wrote:I doubt there would be many people willing to spend real money to influence the market price... I'm going to disagree with this one. There are many people out there with lots money and nothing better to do. Some of these people play EVE.
Dianalexia wrote:But this only if CCP will consider that the plex price manipulation is becoming a real problem. .... |
Dianalexia
Gea'Vii Enterprises
3
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Posted - 2014.11.14 10:21:32 -
[3] - Quote
Antillie Sa'Kan wrote:Dianalexia wrote:
[quote=Dianalexia]But this only if CCP will consider that the plex price manipulation is becoming a real problem.
[Citation Needed]
Lol, non sequitur. It's not like I have the magic crystal ball to see what will CCP's position be in the future. |
Gosti Kahanid
GANOR Deep Space Explorers GANOR INC.
71
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Posted - 2014.11.14 11:05:16 -
[4] - Quote
Almost all plexes were bought with real money. Why shouln-¦t anyone be able to buy und resell them like anything else? |
Signal11th
1467
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Posted - 2014.11.14 11:13:04 -
[5] - Quote
All they need to do is time limit the PLEX to say 30 days. In this I mean the PLEX has to be used in some capacity within 30 days of purchase. The price will drop like a stone. As this will not benefit CCP though it won't happen so don't hold your breath.
As I've mentioned in a previous thread the people who say "I have 7 accounts to plex the price is stooooopid" are the one fuelling the price rise.
I have 4 accounts I plex one and the rest are deactivated because I can't be bothered to spend all my time making money just to run the accounts, if most people did this for a couple of months the price would half.
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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Dianalexia
Gea'Vii Enterprises
3
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Posted - 2014.11.14 11:15:42 -
[6] - Quote
Gosti Kahanid wrote:Almost all plexes were bought with real money. Why shouln-¦t anyone be able to buy und resell them like anything else? Wow, nobody bothers to read these days...
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epicurus ataraxia
Z3R0 Return Mining Inc. Illusion of Solitude
1361
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Posted - 2014.11.14 11:15:55 -
[7] - Quote
Market manipulation is not an automatic evil, it is an acknowledged and viable play style and method. Where manipulation damages the game, then an issue has developed, and will need addressing to keep the game healthy.
Has the plex price caused or is causing harm to the game? That is harder to ascertain. If It is causing harm then CCP have the tools to burst the bubble, reducing the price, and discouraging "bad" behaviour in the future.
They will no doubt be asking whether this is manipulation alone, or is there a group somehow creating free isk through some exploit. If so expect that to be found and a rebalancing to real isk creation will occur, together with the plex price.
We have no way of knowing ourselves, but the current price discourages people from using their ISK reserves to buy a plex to swap for gametime.
That may or may not be healthy, but either way it is annoying.
[u]_There is one EvE. Many people. Many lifestyles. WE are EvE _[/u]
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Dianalexia
Gea'Vii Enterprises
3
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Posted - 2014.11.14 11:28:34 -
[8] - Quote
Having a Stack system (copy of the Redeem system) lets you use the plex as you currently do except for flipping.
On the other hand RMT people would miss one important tool for their trade (I don't have a statistic regarding how many of the plexes are bought to be resold for real money by RMT's, but plex really helps them because is so easy to handle). |
Adrie Atticus
Shadows of Rebellion The Bastion
541
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Posted - 2014.11.15 11:08:35 -
[9] - Quote
epicurus ataraxia wrote:Market manipulation is not an automatic evil, it is an acknowledged and viable play style and method. Where manipulation damages the game, then an issue has developed, and will need addressing to keep the game healthy.
Has the plex price caused or is causing harm to the game? That is harder to ascertain. If It is causing harm then CCP have the tools to burst the bubble, reducing the price, and discouraging "bad" behaviour in the future.
They will no doubt be asking whether this is manipulation alone, or is there a group somehow creating free isk through some exploit. If so expect that to be found and a rebalancing to real isk creation will occur, together with the plex price.
We have no way of knowing ourselves, but the current price discourages people from using their ISK reserves to buy a plex to swap for gametime.
That may or may not be healthy, but either way it is annoying. And it does lead to fewer accounts signed in and in space. And the more it rises, the fewer are plexed.
As long as PLEX is treated as a gold substitute as it's value cannot decrease there will be no end to PLEX prices rising. If that is negative, it's under debate. |
After Shok
Ruthenia Co
509
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Posted - 2014.11.15 11:54:11 -
[10] - Quote
Need reduce the investment attractiveness of the Plex. Ie activate Plex for extension of time is necessary to account for 3 months - then transfer to Aurum.
One such news will bring down the cost of the Plex and raise the cost of other goods. What is beneficial CPP.
-¥-â-¦-+-+ -â-+-¦-+-î-ê-+-é-î -+-+-¦-¦-ü-é-+-å-+-+-+-+-â-Ä -+-Ç-+-¦-+-¦-¦-¦-é-¦-+-î-+-+-ü-é-î Plex. -ó.-¦. -¦-¦-é-+-¦-+-Ç-+-¦-¦-é-î -+-+-¦-¦-ü -¦-+-Å -+-Ç-+-¦-+-¦-+-+-Å -¦-Ç-¦-+-¦-+-+ -¦-¦-¦-¦-â-+-é-¦ -+-â-¦-+-+ -¦ -é-¦-ç-¦-+-+-+ 3--à -+-¦-ü-Å-å-¦-¦ - -¦-¦-+-¦-¦ -+-¦-Ç-¦-¦-+-¦ -¦ Aurum.
-P-¦-+-¦ -é-¦-¦-¦-Å -+-+-¦-+-ü-é-î -ü-+-¦-î-¦-é -ü-é-+-+-+-+-ü-é-î -+-+-¦-¦-ü-¦ -+ -+-+-¦-+-+-+-¦-é -ü-é-+-+-+-+-ü-é-î -¦-Ç-â-¦-+-à -é-+-¦-¦-Ç-+-¦. -º-é-+ -¦-ï-¦-+-¦-+-+ CPP.
-ƒ-Ç-¦-¦-¦-+-¦ -+-¦-+-î-+-Å -+-ü-¦-+-Ç-¦-+-é-î, -â-¦-¦-¦-¦-¦-+-ï-¦ -¦-¦-¦-+-¦-¦-é!
-ó-+-é -ü-¦-+-ï-¦ -£-Ä-+-à-¦-¦-â-+-¦-+
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Lugh Crow-Slave
201
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Posted - 2014.11.15 13:46:45 -
[11] - Quote
Free market means free market if you can't afford the plex try paying for this game you play.
if they are selling for this much people are willing to buy them for that much
Edit: besides higher plex prices are better for CCP as people will be willing to buy more so they can get quick isk and thus CCP gets more money |
Dianalexia
Gea'Vii Enterprises
5
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Posted - 2014.11.15 14:34:37 -
[12] - Quote
Lugh Crow-Slave wrote:Free market means free market if you can't afford the plex try paying for this game you play.
if they are selling for this much people are willing to buy them for that much
Edit: besides higher plex prices are better for CCP as people will be willing to buy more so they can get quick isk and thus CCP gets more money
Let's not get into a debate on how speculation and cartels kill free market. The Stack system doesn't do anything except for stopping flipping / making RMT's have one less tool at their disposal. The free market (demand and offer) stays in place. |
Antillie Sa'Kan
Forging Industries Silent Infinity
755
|
Posted - 2014.11.15 14:39:18 -
[13] - Quote
Dianalexia wrote:Lol, non sequitur. It's not like I have the magic crystal ball to see what will CCP's position be in the future. No no no, first you must show that player manipulation of PLEX prices is an issue to begin with. You are basing your argument on an unsupported assumption.
At the moment you have presented no evidence that PLEX prices are being manipulated at all, let alone that it is a "problem". |
Jur Tissant
The TERRA Guardians of Serenity
310
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Posted - 2014.11.15 14:39:37 -
[14] - Quote
Lugh Crow-Slave wrote:Free market means free market if you can't afford the plex try paying for this game you play.
Truly free markets are not a good thing, they certainly don't work in the real world. Lots of people come to EVE because it offers a F2P payment plan without the F2P game model, $180 a year is a lot to pay for a game.
Quote: if they are selling for this much people are willing to buy them for that much
If they are selling for this much it means rich players are willing to buy them for this much. This means that the established vet population is determining whether or not the new players can afford to PLEX.
CCP needs to take steps to avoid PLEX hitting the 1bil line but I don't think your plan is so great OP, honestly I would rather the PLEX market was just more heavily regulated. For example adding NPC sell orders to put a hard cap on the price. |
Antillie Sa'Kan
Forging Industries Silent Infinity
755
|
Posted - 2014.11.15 14:42:12 -
[15] - Quote
Dianalexia wrote:PLEX...cartels... [Citation Needed] |
afkalt
Republic Military School Minmatar Republic
497
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Posted - 2014.11.15 14:48:25 -
[16] - Quote
It's more likely an indicator people are making too much isk somewhere. |
Dianalexia
Gea'Vii Enterprises
5
|
Posted - 2014.11.15 14:49:14 -
[17] - Quote
Antillie Sa'Kan wrote:Dianalexia wrote:Lol, non sequitur. It's not like I have the magic crystal ball to see what will CCP's position be in the future. No no no, first you must show that player manipulation of PLEX prices is an issue to begin with. You are basing your argument on an unsupported assumption. Just: hahahahahahhahahahahahaahhahahahahahahaha, thanks man, you made my day . Honestly!
You didn't listened to ex CCP DrEyjoG. Anyway there it is. And it will go on for as long as plex has a flipping value (hoard and sell at a later date).
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Dianalexia
Gea'Vii Enterprises
5
|
Posted - 2014.11.15 14:51:08 -
[18] - Quote
Read above. Dude, just. Stop. Posting... |
Antillie Sa'Kan
Forging Industries Silent Infinity
755
|
Posted - 2014.11.15 14:55:07 -
[19] - Quote
Jur Tissant wrote:Truly free markets are not a good thing, they certainly don't work in the real world. EVE is not the real world. CCP can do things that real world governments can only dream of doing with respect to the economy.
Jur Tissant wrote:Lots of people come to EVE because it offers a F2P payment plan without the F2P game model, $180 a year is a lot to pay for a game. LOL no, it really isn't. If $15 a month is hard to afford you have better things to with your money then spend it on an MMO and better things to do with your time that playing one.
Jur Tissant wrote:If they are selling for this much it means rich players are willing to buy them for this much. This means that the established vet population is determining whether or not the new players can afford to PLEX.
CCP needs to take steps to avoid PLEX hitting the 1bil line but I don't think your plan is so great OP, honestly I would rather the PLEX market was just more heavily regulated. For example adding NPC sell orders to put a hard cap on the price. So? PLEX costs what it costs. A new player can get a lucky drop from an complex or hook an idiot with a scam just as easily as an older player can. PLEX is not a way to play the game for free in a reliable manner. It is a way to get a month for free now and then if you happen to have spare ISK. If your budget is so tight that you can't afford to pay for a regular monthly subscription then your decision to play an MMO that requires a certain level of financial commitment is questionable at best.
Do do realize that in real life economies price caps just reduce supply right? Or in this case just destroy CCP's income since actual PLEX sales would be hard capped at a very low level. Hardly a solution. |
Antillie Sa'Kan
Forging Industries Silent Infinity
755
|
Posted - 2014.11.15 14:56:27 -
[20] - Quote
Dianalexia wrote:Read above. Dude, just. Stop. Posting... You have failed to establish the existence of a cartel in the market before asserting its existence as part of an argument. Please, continue with your antics. I find them amusing. |
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Dianalexia
Gea'Vii Enterprises
5
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Posted - 2014.11.15 15:18:44 -
[21] - Quote
Antillie Sa'Kan wrote:Dianalexia wrote:Read above. Dude, just. Stop. Posting... You have failed to establish the existence of a cartel in the market before asserting its existence as part of an argument. Please, continue with your antics. I find them amusing. I can't but ignore the straw man arguments you keep presenting. For example, please stop taking things out of context and making connections that I myself never did, like this crap here:
The whole sentence is this and I can't fine the PLEX anywhere in it. Also please tell me how this is false, be it IRL or EVE:
Dianalexia wrote:Let's not get into a debate on how speculation and cartels kill free market.
If you would bother to spend a few seconds and read, you would notice that I didn't said anything about plex cartels in EVE. There might be or not (hello moon minerals), probably not even CCP knows.
Also please spend some time and tell me how the Stack system is killing the plex market, how it kills demand and offer, how it is capping the price of plex, how is preventing you to hoard them, how it prevents you to use them as you actually do. The only thing that it does is stopping flipping. And if you're considering that speculation is actually healthy for a free market, please explain. It would be nice to see how the speculation bubble that lead to the 2008 depression actually helped the economy. |
Antillie Sa'Kan
Forging Industries Silent Infinity
755
|
Posted - 2014.11.15 15:42:33 -
[22] - Quote
Dianalexia wrote:The whole sentence is this and I can't fine the PLEX anywhere in it. Also please tell me how this is false, be it IRL or EVE: Let's not get into a debate on how speculation and cartels kill free market. The subject at hand is the PLEX market, and you brought up cartels as support for an argument without first establishing that a cartel existed. I don't see what else could be more clear here. While I agree that speculation and cartels are certainly bad for real economies, EVE is not a real economy. Also, we need to clarify the difference between speculation, long term investment (long considered a wise thing to do with PLEX), and inflation (yay incursions!). All three factors are at work here and separating them is rather difficult.
Dianalexia wrote:Also please spend some time and tell me how the Stack system is killing the plex market, how it kills demand and offer, how it is capping the price of plex, how is preventing you to hoard them, how it prevents you to use them as you actually do. The only thing that it does is stopping flipping. And if you're considering that speculation is actually healthy for a free market, please explain. It would be nice to see how the speculation bubble that lead to the 2008 depression actually helped the economy. I never said that the stack system would kill the PLEX market or cap prices. That was a different post in response to another poster proposing a price cap. Please learn to read. Although it may kill the PLEX market in certain parts of low and null. Also, once again, EVE is not a real economy.
Also you are assuming that PLEX flipping is occurring often enough to be an issue. You need to prove that before proposing changes to correct the issue. |
Dianalexia
Gea'Vii Enterprises
5
|
Posted - 2014.11.15 16:07:03 -
[23] - Quote
Antillie Sa'Kan wrote: I never said that the stack system would kill the PLEX market or cap prices. That was a different post in response to another poster proposing a price cap. Please learn to read. Although it may kill the PLEX market in certain parts of low and null. Also, once again, EVE is not a real economy.
I see. How it would kill the plex market in certain parts? Since plex originally created keeps having the same properties as it has now? As long as it doesn't go into the Stack, nothing changes. In order for a plex to go to the stack it should be bought from market.
Antillie Sa'Kan wrote: Also you are assuming that PLEX flipping is occurring often enough to be an issue. You need to prove that before proposing changes to correct the issue.
People buy them as protection against inflation, because the price of plex can only go up, right (please look at the graphs in the article I linked earlier)? Then, in this particular case, be it short term or long term is still flipping (you sell the plex at a higher value). The issue at hand is that plex is the only item in EVE that behaves like RL gold. So, CCP should either introduce more items that could be used as hedge against inflation in order to ease the pressure on plex or making the plex to stop behaving like RL gold and turn it to be just like all other items in EVE (like the Stack system does - in terms of like gold behaviour). |
Antillie Sa'Kan
Forging Industries Silent Infinity
756
|
Posted - 2014.11.15 16:24:27 -
[24] - Quote
Dianalexia wrote:I see. How it would kill the plex market in certain parts? Since plex originally created keeps having the same properties as it has now? As long as it doesn't go into the Stack, nothing changes. In order for a plex to go to the stack it should be bought from market. Because you wouldn't be able to buy PLEX in Jita and ship it to low/null for resale. Some trade is done with normal ISK you know. Since the current supply of PLEX would eventually deplete we can't rely on it to sustain normal PLEX trade.
Dianalexia wrote:The issue at hand is that plex is the only item in EVE that behaves like RL gold. So, CCP should either introduce more items that could be used as hedge against inflation in order to ease the pressure on plex or making the plex to stop behaving like RL gold and turn it to be just like all other items in EVE (like the Stack system does). How is this a problem? As I stated earlier there are already pressure relief valves in place for PLEX prices.
Also, there is only a certain amount of gold on earth, very little is mined these days compared to how much is available on the market already so the market for it is somewhat uniquely influenced by demand over supply. Governments also horde the stuff and the Chinese (the largest producers of the stuff) like to fiddle with their import and export rules in funny ways at random times. However PLEX is created and destroyed in large quantities every day. This is very different from gold. PLEX is closer to something like cars or paper plates, new ones are made and old ones are destroyed all over the place. Nobody stores massive numbers of new cars in warehouses for decades or gets all that worked up over import and export policies for them either. |
Dianalexia
Gea'Vii Enterprises
6
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Posted - 2014.11.15 18:31:23 -
[25] - Quote
Antillie Sa'Kan wrote: Because you wouldn't be able to buy PLEX in Jita and ship it to low/null for resale.
You just used flipping as an argument for flipping.
Antillie Sa'Kan wrote:The pressure relief valves for PLEX prices are people deciding to pay their accounts with real money instead of PLEX and more people deciding to sell PLEX for ISK. Too many people with a "free to play" mentality are the issue. Fortunately this issue is a self correcting one. Nope, that's not a release pressure valve, you're just limiting consumption which is bad for CCP. The Stack system doesn't limit consumption.
Antillie Sa'Kan wrote:However PLEX is created and destroyed in large quantities every day. This is very different from gold. PLEX is closer to something like cars or paper plates, new ones are constantly being made and old ones are constantly being destroyed all over the place. Looking at the graphs, more plex is created than destroyed every day.
Antillie Sa'Kan wrote:Granted people do store PLEX sometimes for long term investment, but not the way that governments store gold. You're wrong again, looking at the graphs and at what CCP is saying, people actually do store plex like that.
Antillie Sa'Kan wrote:Also, unlike PLEX (so far), the price of gold does not always go up. It goes up and down like anything else based on demand. Yeah, plex price except for minor a minor recoil is always going up for reasons already stated. |
Antillie Sa'Kan
Forging Industries Silent Infinity
756
|
Posted - 2014.11.15 20:04:57 -
[26] - Quote
Dianalexia wrote:Nope, that's not a release pressure valve, you're just limiting consumption which is bad for CCP. The Stack system doesn't limit consumption. Yes it is. As prices rise demand drops (people pay with money instead of PLEX) and supply increases (more people buy PLEX and put it on the market). Simple. Replacing PLEX sales with normal subscription payments doesn't hurt CCP at all. Prices just haven't gotten high enough yet is all. Once a PLEX can buy you a carrier or a dread I suspect things will level out a bit. Granted some people will close out their alt accounts, but I don't think this will be a significant loss for CCP. In fact EVE could use a few less alts running around.
Dianalexia wrote:Looking at the graphs, more plex is created than destroyed every day. I don't really see how this a problem. Although it could result in a sudden drop in PLEX prices if a large amount of built up PLEX hits the market at once. Then it will be the sellers complaining instead of the F2P crowd. Not really much different if you think about it.
Dianalexia wrote:You're wrong again, looking at the graphs and at what CCP is saying, people actually do store plex like that./quote] Sorry but no. You have no idea how governments hoard gold and regulate its import and export do you? Why do you think international flights require you declare "monetary instruments" upon entering a country?
[quote=Dianalexia]Yeah, plex price except for minor a minor recoil is always going up for reasons already stated. By reasons you mean a large number of people mistaking PLEX as a F2P system? So what? Its a game. Who cares. Pay $15 a month instead of grinding like a slave for a PLEX if you feel its such an issue. |
Dianalexia
Gea'Vii Enterprises
6
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Posted - 2014.11.15 20:18:58 -
[27] - Quote
Edited the OP |
Antillie Sa'Kan
Forging Industries Silent Infinity
756
|
Posted - 2014.11.15 21:00:32 -
[28] - Quote
I do like your idea. I'm just not sure there is an issue that needs to addressed in the first place. |
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