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Jenshae Chiroptera
517
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Posted - 2014.11.21 02:43:00 -
[1] - Quote
As long as people keep buying PLEX with $ to sell for ISK, the market will crash.
At some point the ISK is tied up in PLEX and people will start under cutting that price. Then the bubble will burst and people will sell PLEX at ISK losses.
Ideas & stuff
EVE - the game of sand castles, either building them or kicking them down.
Status: Bouncing on the diving board.
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Kaarous Aldurald
Lords.Of.Midnight
The Devil's Warrior Alliance
10681
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Posted - 2014.11.21 02:45:54 -
[2] - Quote
Once it hits 1.2 billion, I plan to sell my stock.
"Verily, I have often laughed at the weaklings who thought themselves good because they had no claws."
One of ours, ten of theirs.
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Doc Fury
Furious Enterprises
7243
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Posted - 2014.11.21 02:53:26 -
[3] - Quote
PLEX never crash...
G˙+
The accumulated filth of all their sex and murder will foam up about their waists and all the ho's and politicians will look up and shout 'Save us!' and I'll look down, and whisper 'Hodor'.
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PotatoOverdose
Royal Black Watch Highlanders
DARKNESS.
2543
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Posted - 2014.11.21 02:54:42 -
[4] - Quote
Plex are as safe as houses... |
Rain6637
GoonWaffe
Goonswarm Federation
25246
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Posted - 2014.11.21 03:19:23 -
[5] - Quote
i'm about to buy a 6-pack if it gets much higher. I've wanted a proper set of ships for my pilots. caps. I had a set when kate and I were running a C5, but I sold them off once we were done. having caps in K-space was out of the question at the time.
President of the Commissar Kate Fanclub | Twitter |-ámk.III | Imgur
| Evening Games Club: Casino concept redefined |
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Antihrist Pripravnik
T-AFK and counting
808
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Posted - 2014.11.21 03:28:23 -
[6] - Quote
Or not. Time will tell.
This thread is not very useful. 
o.0
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PotatoOverdose
Royal Black Watch Highlanders
DARKNESS.
2543
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Posted - 2014.11.21 03:29:34 -
[7] - Quote
Doc Fury wrote:PLEX never crash...
It's actually kinda cute, you see a hundred different variations on this theme from hundreds of different people on GD, market discussion, reddit, in fleets, in local, etc. Everyone's buying in.
It's like watching babby's first bubble. |
Karl Hobb
Stellar Ore Refinery and Crematorium
2063
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Posted - 2014.11.21 03:32:20 -
[8] - Quote
Yep, if it stays through payday I'm gonna buy a couple and buy some ships to welp, maybe a couple of Deimos, but definitely a raft of Enyos.
A professional astro-bastard was not available so they sent me.
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Unsuccessful At Everything
The Troll Bridge
17833
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Posted - 2014.11.21 03:41:43 -
[9] - Quote
Posting in PLEX thread# 2,888,392.
This message brought to you by 'so what?'
Since the cessation of their usefulness is imminent, may I appropriate your belongings?
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Komi Toran
Paragon Trust
The Bastion
384
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Posted - 2014.11.21 03:46:44 -
[10] - Quote
PLEX crash into bubbles all the time. Just check the killboards. |
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Yang Aurilen
The Mjolnir Bloc
The Bloc
527
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Posted - 2014.11.21 03:54:43 -
[11] - Quote
Shiptoasting in a thinly veiled daily EVE is DyingGäó (due to PLEX) thread.
Post with your NPC alt main and not your main main alt!
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Desimus Maximus
Embargo.
138
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Posted - 2014.11.21 03:55:23 -
[12] - Quote
... no, it won't.
Been playing Eve Online pretty consistently for what is 5 yrs this month. ~300m ISK was the going rate then.
Want to know how many times the PLEX market 'popped' or 'crashed'?
ZERO
PLEX has not had a downward trend that lasted longer than a PL pilot watching '2 girls 1 Cup'.
PLEX has one way to go. up and up.
500m - 'It'll pop any day now..."
600m - "Oh yeah, it won't last, just speculation..."
750m - "It will crash next week.."
850m - "Just more speculation..."
1 Billion ISK - "Oh yeah, it'll crash any minute now..." |
Cancel Align NOW
Imperial Shipment
Amarr Empire
255
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Posted - 2014.11.21 04:01:39 -
[13] - Quote
Desimus Maximus wrote:... no, it won't.
Been playing Eve Online pretty consistently for what is 5 yrs this month. ~300m ISK was the going rate then.
Want to know how many times the PLEX market 'popped' or 'crashed'?
ZERO
PLEX has not had a downward trend that lasted longer than a PL pilot watching '2 girls 1 Cup'.
PLEX has one way to go. up and up.
500m - 'It'll pop any day now..."
600m - "Oh yeah, it won't last, just speculation..."
750m - "It will crash next week.."
850m - "Just more speculation..."
1 Billion ISK - "Oh yeah, it'll crash any minute now..."
Unfortunately for CCP many accounts are being shut down because it has been out of hand since 750m. If they don't put a hard cap on it soon they are going to be hemorrhaging subs. I called 1 Billion ISK by Christmas 2014 LAST year. I was mocked and laughed at. Go ahead, check my older posts.
You sound like a stock broker in 1924.
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PotatoOverdose
Royal Black Watch Highlanders
DARKNESS.
2543
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Posted - 2014.11.21 04:12:30 -
[14] - Quote
Cancel Align NOW wrote:
You sound like a stock broker in 1924.
Or 2003. Or 2008. Personally, I can't wait to see the tears of the people left holding the bag when Babby's First Bubble comes to it's natural conclusion.
Spoilers: It ends with babby doing tricks in Hek for 50 mil isk a pop. 
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Nicolai Serkanner
Jebediah Kerman's Junkyard and Spaceship Parts Co.
Brave Collective
224
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Posted - 2014.11.21 04:16:36 -
[15] - Quote
Desimus Maximus wrote:...
Unfortunately for CCP many accounts are being shut down because it has been out of hand since 750m. If they don't put a hard cap on it soon they are going to be hemorrhaging subs.
Citation needed.
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FreshMadFruits
Merchants Trade Consortium
The Last Chancers.
1
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Posted - 2014.11.21 04:19:12 -
[16] - Quote
well true it has to crash but think about how it all started.
"Omg omg omg plex so cheap im gonna start training 4 accounts,omgomg look at me im the multiboxer champ omgomgomg xD)-plex 650 mill.
now plex almost breaching 1 bill instead of 1 guy having 4 training accounts they will have 2 training,i think plex will fatten to 1.5 bill.
i bet theres a lot of people who started and realized they can play to pay.So who will crash first?plex or a part of the community? |
Angeal MacNova
The Scope
Gallente Federation
261
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Posted - 2014.11.21 04:40:13 -
[17] - Quote
Cancel Align NOW wrote:Desimus Maximus wrote:... no, it won't.
Been playing Eve Online pretty consistently for what is 5 yrs this month. ~300m ISK was the going rate then.
Want to know how many times the PLEX market 'popped' or 'crashed'?
ZERO
PLEX has not had a downward trend that lasted longer than a PL pilot watching '2 girls 1 Cup'.
PLEX has one way to go. up and up.
500m - 'It'll pop any day now..."
600m - "Oh yeah, it won't last, just speculation..."
750m - "It will crash next week.."
850m - "Just more speculation..."
1 Billion ISK - "Oh yeah, it'll crash any minute now..."
Unfortunately for CCP many accounts are being shut down because it has been out of hand since 750m. If they don't put a hard cap on it soon they are going to be hemorrhaging subs. I called 1 Billion ISK by Christmas 2014 LAST year. I was mocked and laughed at. Go ahead, check my older posts. You sound like a stock broker in 1924.
That and he fails to see the contradiction within his post.
Goes on and on about how it won't burst and then turns around and says that the price being so high is causing CCP to lose subs.
Um, what subs would that be? The ones that buy PLEX with isk? The one that make up a large portion of the demand but a very low portion of the supply? What do you think will happen if what you say is true and the demand drops off suddenly?
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Vapor Ventrillian
The Scope
Gallente Federation
1
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Posted - 2014.11.21 04:45:18 -
[18] - Quote
Perhaps a solution lies in an expiration date on plex use them or lose them 
of course if this was to come into effect everyone would sell them all at once which is fine
But the stockpiling of plex would be a thing of the past and its trade kept small as in my mind plex isn't a eve lore product so its controlling factors should be alterable
it would need scam proofing as receiving and isk with three seconds on it would be one hell of a **** off but that is not hard to put in place I feel.
o7
Vapor
The Evil Overlord of Scope, self elected as all good overlords should be
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Kousaka Otsu Shigure
13
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Posted - 2014.11.21 04:45:51 -
[19] - Quote
PLEX is too useful, it wont crash... for now. Once the price nears the average net monthly income of hisec missioners that play regularly, then it will be interesting.
Methinks hisec mining is nearing this limit of high plex prices.
Archiver, Software Developer and Data Slave
Current Project Status: Alliance History Catalogue
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Chainsaw Plankton
IDLE GUNS
IDLE EMPIRE
754
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Posted - 2014.11.21 04:58:32 -
[20] - Quote
right now everyone can just sit around and farm rather safely, doubt prices will crash until we see something big happen on that front. That and so many people seem to have huge stockpiles of isk and ships, so its going to take quite a lot of carnage imo to get many players to buy plex.
I'll join the chorus asking CCP, don't take my fancy names away from me!
In the name of the Limos, the Malkuth, and the Arbalest, so help me pod
- Mara Rinn
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Karl Hobb
Stellar Ore Refinery and Crematorium
2063
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Posted - 2014.11.21 05:00:22 -
[21] - Quote
Kousaka Otsu Shigure wrote:PLEX is too useful, it wont crash... for now. Once the price nears the average net monthly income of hisec missioners that play regularly, then it will be interesting.
Grinding missions just to pay a sub... What a sad existence. This is why PLEX prices need to continue on this rise.
A professional astro-bastard was not available so they sent me.
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Jvpiter
Jovelike
1771
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Posted - 2014.11.21 05:03:35 -
[22] - Quote
Mining, incursions, L4s. As soon as these become more dangerous, you will see PLEX prices fall.
And then many will wish the conditions to make it fall did not happen at all. This will be the comedy of it.
E: Chainsaw Plankton and Kousaka are essentially saying the same thing.
Call me Joe. I am a humble worshipper-servant of Nami Kumamato.
A picture of me and my anonymous date in CQ with my Jove ship. Orig. image by Cake.
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Veers Belvar
Swordmasters of New Eden
290
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Posted - 2014.11.21 05:29:05 -
[23] - Quote
Plex inflation has nothing to do with mining, incursions, etc.... those would cause general inflation...but what we see is general deflation.
Plex is rising because mining and farming anomalies is too easy. Result - an overabundance of materials and mods, falling ship/mod prices, and rising plex to compensate. Make mining harder...make farming harder...and plex will fall.
Until then the only hedge against $$$ deflation is plex. |
Ssabat Thraxx
Dominion Tenebrarum
Reverberation Project
970
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Posted - 2014.11.21 05:31:54 -
[24] - Quote
Nicolai Serkanner wrote:Desimus Maximus wrote:...
Unfortunately for CCP many accounts are being shut down because it has been out of hand since 750m. If they don't put a hard cap on it soon they are going to be hemorrhaging subs. Citation needed.
I'm dropping 2 or 3 of my 5 accounts.
There's your citation. 
\m/ O.o \m/
"You're a freak ..." - Solecist Project
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Trey Kutoi
Nyarlthotep Holdings Ltd.
34
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Posted - 2014.11.21 05:49:55 -
[25] - Quote
plex ruined me. I bought one and sold it for 850 mil. now I have more isk than my skills can do anything useful with. |
Ocih
Space Mermaids
Somethin Awfull Forums
817
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Posted - 2014.11.21 06:04:02 -
[26] - Quote
Plex prices are like gas prices.
Every time they reach a new high they fall back but a little higher than they were before. Technetium crashed. Plex will never crash. |
Hasikan Miallok
Republic University
Minmatar Republic
1181
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Posted - 2014.11.21 06:16:40 -
[27] - Quote
Kousaka Otsu Shigure wrote:PLEX is too useful, it wont crash... for now. Once the price nears the average net monthly income of hisec missioners that play regularly, then it will be interesting.
Assuming you blitz 4s for a somewhat conservative 12 hours per week @ an equally conservative 50 mill per hour that would be return around 2.4 bill per month. In relity a dedicate mission runner playing nightly probably makes more like 3-5 bill per account.
Aside from which people generally mission to PLEX other accounts, a single account can PLEX itself every month with the free alts doing losec PI without bothering with missioning.
Part of the issue is the only people that need to pay subs are new players (less than 12 months old) and the "log in for a few hours a week to gank and PvP and log out" brigade. Everyone else is rolling in ISK. |
Gamma-Ray Burst
Science and Trade Institute
Caldari State
0
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Posted - 2014.11.21 06:34:15 -
[28] - Quote
that wont happen
the real reason that the plex price is going up like crazy
is this one
" you all know that u can buy FANFEST tickets, EVE Vegas Tickets, and some other items in REAL life with plexes,
well boters and isk RMT guys r buying plexes to get those items. and then THEY SELL THOSE for REAL money."
since ccp is breaking their own rules of RMT is forbithen, but they are acctually doing it.
THATS THE RABIT HOLE that CCP opened for BOTTS.
i hope they close it FAST
b4 this problem gets bigger.
and check the history price of plex.
it allways matches. the end of the promotions. of the eve Vegas or eve fanfest |
Super spikinator
Hegemonous Conscripts
338
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Posted - 2014.11.21 07:06:28 -
[29] - Quote
Jenshae Chiroptera wrote:As long as people keep buying PLEX with $ to sell for ISK, the market will crash.
At some point the ISK is tied up in PLEX and people will start under cutting that price. Then the bubble will burst and people will sell PLEX at ISK losses.
I like it when people say undercutters will fix it. Because the people who buy plex are holding onto it, not using it. Unless you are planning on a plex maesting, nobody is going to rock that boat except when the price gets so hot that the tycoons cash out. |
Zappity
Stay Frosty.
A Band Apart.
1570
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Posted - 2014.11.21 07:09:51 -
[30] - Quote
Saw plex at 965m, came searching for The Thread, leaving satisfied.
I honestly don't know what to think about plex prices now. I was sure it was a bubble. Now? I'd like to see some plex usage data.
Zappity's Adventures for a taste of lowsec.
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Zappity
Stay Frosty.
A Band Apart.
1570
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Posted - 2014.11.21 07:17:33 -
[31] - Quote
Trey Kutoi wrote:plex ruined me. I bought one and sold it for 850 mil. now I have more isk than my skills can do anything useful with.
Easy. 100 nice frigates to explode in lowsec :)
Zappity's Adventures for a taste of lowsec.
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Tarpedo
Incursionista
1406
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Posted - 2014.11.21 07:45:45 -
[32] - Quote
After multi-trillion WallStreet bailout it is naive to think core of the EVE's economy - PLEX market - is free and is not being manipulated by government (devs). And these manipulations are actually very obvious and easy to spot - just look for
1) multiple orders appear at the same time above/below present price by 1-10 millions (instead of 0.01 ISK) and
2) multiple orders appear in distant systems with 10-15 seconds difference (up to 5-10 jumps between systems).
I see these orders already, they drive prices down - so I'd suggest to sell your PLEXes right now before price will be lowered to 800M or less. |
Khorvek
Dead Pool Syndicate
3
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Posted - 2014.11.21 08:06:02 -
[33] - Quote
As far as tinfoiling goes I prefer that PLEX prices keep going up, since it's too easy for people multiboxing or in null to get PLEX. Supply and demand says that there's lots of people who have disposable ISkcome. |
CODE Agent AC
The Conference Elite
CODE.
762
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Posted - 2014.11.21 08:32:00 -
[34] - Quote
Kaarous Aldurald wrote:Once it hits 1.2 billion, I plan to sell my stock.
Would you be willing to off load them now for 1.1?
The Artist Formerly Known As AC.-á
The-áterminal end of the digestive system.-á
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Dianalexia
Gea'Vii Enterprises
8
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Posted - 2014.11.21 08:44:41 -
[35] - Quote
Plex will never crash, unless you'll find the equivalent of limitless cheap supply. Or if it becomes less relevant. |
Jessica Danikov
Clan Shadow Wolf
Fatal Ascension
421
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Posted - 2014.11.21 08:54:59 -
[36] - Quote
Crashes tend to happen with bubbles. PLEX isn't a bubble, it's a market still seeking equilibrium. It may bounce and decline, but it's not going to crash. |
Sol Project
Sebiestor Tribe
Minmatar Republic
102
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Posted - 2014.11.21 08:59:41 -
[37] - Quote
Uhm ... what is PLEX at right now? |
Gully Alex Foyle
Black Fox Marauders
Spaceship Bebop
2152
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Posted - 2014.11.21 09:10:10 -
[38] - Quote
Vapor Ventrillian wrote:Perhaps a solution lies in an expiration date on plex use them or lose them of course if this was to come into effect everyone would sell them all at once which is fine But the stockpiling of plex would be a thing of the past and its trade kept small as in my mind plex isn't a eve lore product so its controlling factors should be alterable it would need scam proofing as receiving and isk with three seconds on it would be one hell of a **** off but that is not hard to put in place I feel. o7 Vapor My thoughts exactly, though I think it would be difficult to implement a solid mechanic.
Problem is, free PLEX trading from suppliers ($) to consumers (ISK) is very cool and beneficial to EVE.
PLEX hoarding and/or manipulation? Not so beneficial, imho...
I'd love to see the figures regarding PLEX trades, PLEX $ purchases and PLEX redemptions... I bet trade volume is far larger than actual usage...
Make space glamorous!
Is EVE dying or not? Ask the EVE-O Death-o-meter!
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Jeremiah Saken
The Fall of Leviathan
120
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Posted - 2014.11.21 09:28:10 -
[39] - Quote
Gully Alex Foyle wrote:My thoughts exactly, though I think it would be difficult to implement a solid mechanic.
Problem is, free PLEX trading from suppliers ($) to consumers (ISK) is very cool and beneficial to EVE.
PLEX hoarding and/or manipulation? Not so beneficial, imho...
For those who invest in PLEX when it was for lower than 600mil or even 300 mil it's harvest time now. If players bought it on sales and then hoarding for speculation then this is an issue.
I didn't see it before but buying PLEX from CCP is more expensive than adding game time through real money, was it always that way?
Bacon tastes so much better when it's marinated in vegan tears.
I am the night. I'm Bantam.
More exploration in exploration
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ISD Ezwal
ISD Community Communications Liaisons
2728
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Posted - 2014.11.21 09:28:38 -
[40] - Quote
Unsuccessful At Everything wrote:Posting in PLEX thread# 2,888,392. Closing PLEX thread# 2,888,392.
Thread locked.
The Rules:
17. Redundant and re-posted threads will be locked.
As a courtesy to other forum users, please search to see if there is a thread already open on the topic you wish to discuss. If so, please place your comments there instead. Multiple threads on the same subject clutter up the forums needlessly, causing good feedback and ideas to be lost. Please keep discussions regarding a topic to a single thread.
ISD Ezwal
Vice Admiral
Community Communication Liaisons (CCLs)
Interstellar Services Department
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