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Asaka Issier
Federal Navy Academy Gallente Federation
0
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Posted - 2015.05.10 20:31:39 -
[1] - Quote
It it just me or have plexes been jumping several million each day? A month or so ago they were about 750mil. Will there be a cap limit on how high they can go before they get to be stupidly expensive where only players with ample time to produce the isk for them can buy them? |
Leoric Firesword
Rolling Static Gone Critical
126
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Posted - 2015.05.10 20:34:14 -
[2] - Quote
I've bought them as high as 850mil before, and when I started almost 2 years ago now they were 540mil. The ceiling is whatever the economy will accept. |
Ajunta Pal
Sith Wannabies Annonymous
12
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Posted - 2015.05.10 20:35:21 -
[3] - Quote
The PLEX sales seem to be CCPs way of countering the inflation, to a limited extent. CCP would have to perform market manipulation if they want to control the upper limit.
Keep in mind, most people can work in RL for 3-4 hours if they want a plex - where it takes 4-16 hours in game |
Asaka Issier
Federal Navy Academy Gallente Federation
0
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Posted - 2015.05.10 20:36:23 -
[4] - Quote
Leoric Firesword wrote:I've bought them as high as 850mil before, and when I started almost 2 years ago now they were 540mil. The ceiling is whatever the economy will accept.
Too bad most of the economy would eat a plate of crap if someone told them it tastes like chicken. Seems to be the major problem of the world today people lack common sense. |
Kashadin
Caldari Provisions Caldari State
13
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Posted - 2015.05.10 20:36:58 -
[5] - Quote
No where near as bad as the chinese server from what I understand.
But, PLEX prices like everything else in the game in depended on the players. At the end of the day prices will go up as long as the supply/demand allows it to (and players decide to buy the PLEX instead of spend $15, or regional equivalent)
Once the prices reach a certain point you will see people with stockpiles of them start selling to make a high profit and the price will start to go down.
Or you can spend $15 (or regional equivalent) and not have to worry about making the ISK and can use it to buy a new shiny ship every month. Hell, a few month of that could get you set up with the ways to make the income needed to buy PLEX at the new prices. |
Stacy Lone
University of Caille Gallente Federation
71
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Posted - 2015.05.10 20:45:08 -
[6] - Quote
PLEX prices have already been at >1B in November 2014. We are still way below hat.
As everything in the game, PLEX prices are determined by the players. So maybe PLEx are getting to expensive for *you*, but that doesn't mean they do for the majority of players who use PLEX.
On the other hand, if you have a decent job and want to fund your pew-pew without having to grind ISk, you can do more pew-pew per PLEX when prices go up. So what is bad for one player is good for the other.
So yeah, as long as enough players are willing to pay such prices for PLEX, the prices will stay that way or rise. |
Lucas Kell
Internet Terrorists SpaceMonkey's Alliance
5773
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Posted - 2015.05.10 20:48:45 -
[7] - Quote
The didn't reach 1b in November. They didn't even break 900 as a stable price, they spiked because of some manipulation at the time.
CCP will intervene only to stop incredibly rapid rises and falls, not to cap the price. There's no such thing as PLEX price being "too high". Too high for you (like Stacy said above), maybe, but not too high in general. The solution is to not buy them if they are too high for you.
Oh, and as a general rule, PLEX prices rise. Get used to it
The Indecisive Noob - EVE fan blog.
Wholesale Trading - The new bulk trading mailing list.
Chrysus Industries - Savings made simple!
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Ajunta Pal
Sith Wannabies Annonymous
12
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Posted - 2015.05.10 20:56:25 -
[8] - Quote
anyone else remember when plex/etc were 150m for 30days? i do, it was a golden age |
ShahFluffers
Ice Fire Warriors Snuffed Out
7976
|
Posted - 2015.05.10 21:24:22 -
[9] - Quote
Oh... this topic again.
Is it that time of year?
How did you Veterans start?
The Skillpoint System and You
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Xavier Holtzman
Imploding Turtles Rising in Outerspace Gravity Get Off My Lawn
268
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Posted - 2015.05.10 21:52:08 -
[10] - Quote
Asaka Issier wrote:It it just me or have plexes been jumping several million each day? A month or so ago they were about 750mil. Will there be a cap limit on how high they can go before they get to be stupidly expensive where only players with ample time to produce the isk for them can buy them?
What do you think the price should be?
I do not like the men on this spaceship. They are uncouth and fail to appreciate my better qualities. I have something of value to contribute to this mission if only they would realize it.
- Bill Frug
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Scipio Artelius
The Vendunari End of Life
37136
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Posted - 2015.05.10 22:01:08 -
[11] - Quote
Lucas Kell wrote:The didn't reach 1b in November. 1.015 Billion if I remember correctly. Only for a few days, but PLEX was selling above the billion mark.
Come Win At Eve - Join The Vendunari
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Gully Alex Foyle
Black Fox Marauders Spaceship Bebop
3905
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Posted - 2015.05.10 22:07:44 -
[12] - Quote
ShahFluffers wrote:Oh... this topic again.
Is it that time of year? lol, it's been a while, months even.
GD is dying. :(
OP, if you want serious info, there's a thread in Market Discussions.
If you prefer general nonsense, you've posted in the right place!
Make space glamorous!
Is EVE dying or not? Ask the EVE-O Death-o-meter!
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Lucas Kell
Internet Terrorists SpaceMonkey's Alliance
5773
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Posted - 2015.05.10 22:12:19 -
[13] - Quote
Scipio Artelius wrote:Lucas Kell wrote:The didn't reach 1b in November. 1.015 Billion if I remember correctly. Only for a few days, but PLEX was selling above the billion mark. I sold several of my stock at that price. Well I never saw any selling that high and the CREST market history doesn't reflect that, with the highest sale in CREST showing as 960m. Either way if you look at the average prices you'll see it suddenly spiked prior to the multiplexing announcement to over 900m, then dropped back down as speculation hit following the thread. It was an artificial spike rather than the price actually being that high naturally.
The Indecisive Noob - EVE fan blog.
Wholesale Trading - The new bulk trading mailing list.
Chrysus Industries - Savings made simple!
|
d0cTeR9
Astro Technologies SpaceMonkey's Alliance
160
|
Posted - 2015.05.10 22:26:12 -
[14] - Quote
Ajunta Pal wrote:anyone else remember when plex/etc were 150m for 30days? i do, it was a golden age
I remenber a long time ago selling 30 day GTC's for 130-150 mil each. |
Chainsaw Plankton
IDLE GUNS IDLE EMPIRE
1110
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Posted - 2015.05.10 22:34:23 -
[15] - Quote
I paid 290m for a 90d gtc, miss that
as for PLEX prices demand is shooting up thanks to SKINS and PLEX for good, I expect prices to stabilize sometime soonGäó
@ChainsawPlankto
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Lykouleon
Trust Doesn't Rust Triumvirate.
1575
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Posted - 2015.05.10 22:34:58 -
[16] - Quote
The price of PLEX is TOO DAMN HIGH. I question what the federal CSM is doing with our hard-earned space bux if they can't keep the PLEX at a reasonable level.
Pod fluid can't melt steel beams. :tinfoil:
Lykouleon > CYNO ME CLOSER so I can hit them with my sword
.TDR. & Associates, LLP - Defending Your Spaceship Rights, erryday.
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Sweet Adamas
Federal Navy Academy Gallente Federation
7
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Posted - 2015.05.10 22:36:19 -
[17] - Quote
I used to pay 315 million for a plex. Sweet times |
Chainsaw Plankton
IDLE GUNS IDLE EMPIRE
1110
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Posted - 2015.05.10 22:44:12 -
[18] - Quote
Lykouleon wrote:The price of PLEX is TOO DAMN HIGH. I question what the federal CSM is doing with our hard-earned space bux if they can't keep the PLEX at a reasonable level.
Pod fluid can't melt steel beams. :tinfoil:
AUDIT THE CSM!
@ChainsawPlankto
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Steve Ronuken
Fuzzwork Enterprises Vote Steve Ronuken for CSM
5239
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Posted - 2015.05.10 23:00:39 -
[19] - Quote
Lykouleon wrote:The price of PLEX is TOO DAMN HIGH. I question what the federal CSM is doing with our hard-earned space bux if they can't keep the PLEX at a reasonable level.
Pod fluid can't melt steel beams. :tinfoil:
I'm supposed to be getting your hard earned space bux?!
Why didn't anyone tell me?!
Where's my cut?!
Woo! CSM X!
Fuzzwork Enterprises
Twitter: @fuzzysteve on Twitter
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Scipio Artelius
The Vendunari End of Life
37137
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Posted - 2015.05.10 23:11:14 -
[20] - Quote
Lucas Kell wrote:Well I never saw any selling that high and the CREST market history doesn't reflect that, with the highest sale in CREST showing as 960m. Either way if you look at the average prices you'll see it suddenly spiked prior to the multiplexing announcement to over 900m, then dropped back down as speculation hit following the thread. It was an artificial spike rather than the price actually being that high naturally.
Check around the end of the month. There were a lot of threads at the time too. This one for example:
https://forums.eveonline.com/default.aspx?g=posts&t=386617
I don't have any particular comment on the cause. Just that PLEX definitely hit the billion mark and I hope it does again.
Come Win At Eve - Join The Vendunari
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Hicksimus
Xion Limited Resonance.
609
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Posted - 2015.05.10 23:12:05 -
[21] - Quote
Steve Ronuken wrote: Where's my cut?!
You would appear to be wearing it, sir. <--- read in Kif voice from Futurama.
Also, the price of PLEX is great I get a lot of mileage out of 1 extra hour at work....I used to get like 1 Ishtar for that and now I get 5!
Recruitment Officer: What type of a pilot are you?
Me: I've been described as a Ray Charles with Parkinsons and a drinking problem.
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Memphis Baas
392
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Posted - 2015.05.10 23:24:11 -
[22] - Quote
You do realize that they've made absolutely NO changes to PLEXes at all?
Thus the price increase is not caused by plexes themselves, and is actually more of an indication of ISK being a bit more worthless than in the past (cause everyone has billions). "Fixing" it would involve getting rid of quite a bit of ISK, by creating a huge ISK sink somewhere. Like, a tax that would affect everyone. That would affect YOU. |
Eternus8lux8lucis
Primus Inc. LEGIO ASTARTES ARCANUM
350
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Posted - 2015.05.10 23:40:25 -
[23] - Quote
When your buying itll never be low enough, when your selling itll never be high enough.
and yeah I remember the 90 day GTCs were INSANELY high at 450mil threads.
Strength isnt measured in numbers but in force of will. For if one motived willful individual stands many will fall around him that are weak.
http://tinyurl.com/YarrFace
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Kashadin
Caldari Provisions Caldari State
13
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Posted - 2015.05.10 23:43:02 -
[24] - Quote
Memphis Baas wrote:You do realize that they've made absolutely NO changes to PLEXes at all?
.
Not really accurate. They haven't made a change to the PLEX themselves (still same price afaik, still 30days game time) but they have made some pretty big changes on HOW the PLEX is used recently. With the addition of the new ship SKINS more people are using PLEX to get AUR, and they are buying those PLEX with ISK, thus driving the price up.
At the end of the day unless the constantly bring out new SKINS that a whole lot of people want, or more and more people get into buying SKINS the price of PLEX will start to drop off soon after the interest in turning them into AUR to get SKINS does. |
Kaarous Aldurald
Glorious Revolutionary Armed Forces of Highsec CODE.
12957
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Posted - 2015.05.10 23:47:13 -
[25] - Quote
I like how they're "getting too high", not too long after what was probably the biggest Plex price crash in the history of the game.
"Verily, I have often laughed at the weaklings who thought themselves good because they had no claws."
One of ours, ten of theirs.
Best Meltdown Ever.
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Jenshae Chiroptera
1491
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Posted - 2015.05.11 00:18:23 -
[26] - Quote
Skins as said above. Also speculation on people re-subbing or new people joining for Fozzie SOV, so maximising profits on the demands those extra re-sub alts will have.
CCP - Building ant hills and magnifying glasses for fat kids
.
High Sec needs a stepping stone to other areas of space, where they can grow
Fozzie is treating a symptom.
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Otso Bakarti
Aliastra Gallente Federation
189
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Posted - 2015.05.11 00:34:04 -
[27] - Quote
That's so funny. We used to announce PLEX for sale on the forum...the old forum. There's still a post of mine up there: 2 PLEX 350,000,000 ea. Gone in 15 minutes.
I survived Win95
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Rawketsled
Generic Corp Name
194
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Posted - 2015.05.11 00:40:32 -
[28] - Quote
The Aurum market is pushing the Plex price up.
That is all. |
Tiddle Jr
Galvanized Inc.
170
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Posted - 2015.05.11 00:45:36 -
[29] - Quote
PLEX is up many other things lost in prices
Like t2 trimarked bhaals were 1.7 -1.9 bil a pop. Now i could have it for 700m.
Sort of trade off.
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Jenn aSide
Smokin Aces.
10930
|
Posted - 2015.05.11 01:01:42 -
[30] - Quote
Asaka Issier wrote:It it just me or have plexes been jumping several million each day? A month or so ago they were about 750mil. Will there be a cap limit on how high they can go before they get to be stupidly expensive where only players with ample time to produce the isk for them can buy them?
I translate this is "someone do something about PLEX, else the 1% yada yada cry cry".
At current prices a plex is 28 mil per day. There are lvl 4 missions and null anomalies that pay 28 mil in total rewards (and at the standard lp exchange rate, a single High Sec Incursion site pays 38.5 mil). ONE mission or anomaly a day pays for a plex, or you could join an incursion fleet, and do ONE hq site a day for 22 days and make a plex.
In other words, PLEX are ridiculously inexpensive in terms of time per day a player needs to devote to getting one. The people who complain about them are ones who are reckless with their isk and only think about plex when it's time to resub, which is a personal failing.
Stop complaining.
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Vimsy Vortis
Shoulda Checked Local Break-A-Wish Foundation
2345
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Posted - 2015.05.11 01:09:47 -
[31] - Quote
But don't nerf incursions or anything. |
Vincent Athena
V.I.C.E.
3402
|
Posted - 2015.05.11 01:39:10 -
[32] - Quote
Another reason for the PLEX rise is the PLEX could well be a Giffen good.
In economic theory there is something called Giffen good (good, as in "goods and services"). These are goods which have a reversed supply-demand curve. That is, an increase in price results in a decrease in supply. It is possible that the PLEX is a Giffen good. To see how this could be, first let me recast what I mean by "the price of the PLEX".
Consider how much Real Money (RM) I need to buy, say, 10 billion ISK via PLEX. As the ISK value of the PLEX increases, the price, in RM, of ISK is decreasing. I need to buy fewer PLEX to get 10 billion ISK. Normally one would expect this to increase the demand for PLEX. As the RM cost of 10 billion ISK drops, more players will opt to make the purchase. But if the PLEX is a Giffen good, then the reverse happens. The mechanism may be:
The number of people who would want a supercap is limited by the number of characters who have skills to fly them, not the super's price. Dropping the price of supers will have only a small effect on their demand. (I'm assuming a player does not want spare supers sitting about, they want most every one logged off in space with a pilot sitting in it.)
A player with little ISK can buy a super by using Real Money to buy PLEX, selling the PLEX for ISK and buying the super. As the ISK value of a PLEX increases, the number of PLEX the player need buy goes down. Increased ISK price leads to a reduced supply of PLEX. (Or, to put it another way, the decreasing price of ISK leads to decreasing demand for PLEX). This makes the PLEX a Giffen good.
A numerical example:
Say the ISK price of the PLEX increases by 10%. Any player deciding to make a big purchase now needs to buy 10% fewer PLEX. Lets say as a result of the better price, 5% more players decide to make such a purchase. Yes, the total players buying PLEX increases, and the total ISK bought increases, but as each now buys fewer PLEX, the total demand for PLEX goes down. Again, we have a Giffen good.
What this means for CCP: The increasing ISK value of the PLEX would reduce revenue, and hence is not in CCPGÇÖs best interest. My guess is CCP makes the most revenue with the PLEX around 500 million. That is where PLEX trade at Jita peaked.
Know a Frozen fan? Check this out
Frozen fanfiction
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Tarpedo
Incursionista
1497
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Posted - 2015.05.11 02:10:51 -
[33] - Quote
During autumn PLEX prices increase by ~40% then "drop" to "just" +20-30% to previous price and people say "phew, cheaper now, everything is fine". Prepare to see price increased to 1.1-1.2M and then "drop" to 1Bil in October-December. |
Tiddle Jr
Galvanized Inc.
170
|
Posted - 2015.05.11 02:17:19 -
[34] - Quote
Tarpedo wrote:During autumn PLEX prices increase by ~40% then "drop" to "just" +20-30% to previous price and people say "phew, cheaper now, everything is fine". Prepare to see price increased to 1.1-1.2M and then "drop" to 1Bil in October-December.
Is that your official forecast? If it's not gonna happen i'll bring my lawer to raise an official lawsuit against you. |
Mr Epeen
It's All About Me
8508
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Posted - 2015.05.11 02:46:43 -
[35] - Quote
Quote:PLEX prices getting too high
Getting too high?
They've been too high since forever. Time to get rid of them and go back to GTCs. Use Arum for special events, fanfest tickets, for good and all the other crap PLEX has been turned into a currency for. Or at least change the name from Pilot Licence Extension to Game Cash or something more honest like that.
Mr Epeen
There are 86,400 seconds in a day. You just saved one of them by typing 'u' instead of 'you'.-á Congratulations, dumbass!
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Angry Ex
Republic University Minmatar Republic
0
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Posted - 2015.05.11 03:52:07 -
[36] - Quote
I think quite a few would like to see plex go away completely, not that it would happen. Sadly, the plex to isk conversion is part of what draws newer players in who have the mindset of cash shop pay to win games, hoping to buy enough ships to be "viable in pvp". It's also what funds half of the people who never took the time to learn other aspect of the game and simply spend cash to have ships to undock when a fc logs on. I'm sure we've all supplemented out income from time to time but I think a large majority rely on the "cash shop" to even play the game at all.
For instance; a guy in help chat a couple days ago who had bought 10 garmurs, but had no clue on their usage, fittings, etc. Linking burner fits he asks " How do I make this a pvp ship". "I know they aren't cheap but I bought 10 of them". Obviously they saw the thread about how to kill garmurs and instantly cashed in thinking they'd be a pvp god.
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Shakuul
Infinitus Sapientia
12
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Posted - 2015.05.11 03:56:46 -
[37] - Quote
Vincent Athena wrote:Another reason for the PLEX rise is the PLEX could well be a Giffen good.
In economic theory there is something called Giffen good (good, as in "goods and services"). These are goods which have a reversed supply-demand curve. That is, an increase in price results in a decrease in supply. It is possible that the PLEX is a Giffen good. To see how this could be, first let me recast what I mean by "the price of the PLEX".
Consider how much Real Money (RM) I need to buy, say, 10 billion ISK via PLEX. As the ISK value of the PLEX increases, the price, in RM, of ISK is decreasing. I need to buy fewer PLEX to get 10 billion ISK. Normally one would expect this to increase the demand for PLEX. As the RM cost of 10 billion ISK drops, more players will opt to make the purchase. But if the PLEX is a Giffen good, then the reverse happens. The mechanism may be:
The number of people who would want a supercap is limited by the number of characters who have skills to fly them, not the super's price. Dropping the price of supers will have only a small effect on their demand. (I'm assuming a player does not want spare supers sitting about, they want most every one logged off in space with a pilot sitting in it.)
A player with little ISK can buy a super by using Real Money to buy PLEX, selling the PLEX for ISK and buying the super. As the ISK value of a PLEX increases, the number of PLEX the player need buy goes down. Increased ISK price leads to a reduced supply of PLEX. (Or, to put it another way, the decreasing price of ISK leads to decreasing demand for PLEX). This makes the PLEX a Giffen good.
A numerical example:
Say the ISK price of the PLEX increases by 10%. Any player deciding to make a big purchase now needs to buy 10% fewer PLEX. Lets say as a result of the better price, 5% more players decide to make such a purchase. Yes, the total players buying PLEX increases, and the total ISK bought increases, but as each now buys fewer PLEX, the total demand for PLEX goes down. Again, we have a Giffen good.
What this means for CCP: The increasing ISK value of the PLEX would reduce revenue, and hence is not in CCPGÇÖs best interest. My guess is CCP makes the most revenue with the PLEX around 500 million. That is where PLEX trade at Jita peaked.
This is all fine, but I think you are misusing the term "Giffen Good." A Giffen good is a product whose demand increases when its price increases. This is plainly not the case with PLEX, since 3 accounts are much easier to run when PLEX is cheaper. When the ISK price of PLEX goes up people consume less, not more, since it takes more in game effort to have a second or third account. |
Tiddle Jr
Galvanized Inc.
170
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Posted - 2015.05.11 05:05:38 -
[38] - Quote
Mr Epeen wrote:Quote:PLEX prices getting too high Getting too high? They've been too high since forever. Time to get rid of them and go back to GTCs. Use Arum for special events, fanfest tickets, for good and all the other crap PLEX has been turned into a currency for. Or at least change the name from Pilot Licence Extension to Game Cash or something more honest like that. Mr Epeen
But if ccp take off the PLEX would that impact aurum and gtc costs? High chances that's gonna happen right after. |
Kerena Alabel
TerminalDogma Stain Confederation
23
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Posted - 2015.05.11 05:08:05 -
[39] - Quote
High plex prices are good for people who pay money to buy plex to sell for isk. When its high like this thats what you should be doing, selling plex. When the plex price goes down, buy it up. Economics 101 |
Teckos Pech
The Executives Executive Outcomes
2897
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Posted - 2015.05.11 05:17:50 -
[40] - Quote
Lucas Kell wrote:The didn't reach 1b in November. They didn't even break 900 as a stable price, they spiked because of some manipulation at the time. CCP will intervene only to stop incredibly rapid rises and falls, not to cap the price. There's no such thing as PLEX price being "too high". Too high for you (like Stacy said above), maybe, but not too high in general. The solution is to not buy them if they are too high for you. Oh, and as a general rule, PLEX prices rise. Get used to it
Well, if the long term trend continues in about 6-8 months the price of a PLEX will be above 900 million and sustained. In about a year and a half, it will be above a billion.
There are a number of possible explanations, but the most likely is that we have more ISK entering the New Eden economy. For example, we have this post indicating that from 2010 to 2012 the amount of ISK entering the New Eden economy increased by 260% (380 billion isk/day to around 1 trillion isk/day).
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
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Teckos Pech
The Executives Executive Outcomes
2897
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Posted - 2015.05.11 05:26:03 -
[41] - Quote
Mr Epeen wrote:Quote:PLEX prices getting too high Getting too high? They've been too high since forever. Time to get rid of them and go back to GTCs. Use Arum for special events, fanfest tickets, for good and all the other crap PLEX has been turned into a currency for. Or at least change the name from Pilot Licence Extension to Game Cash or something more honest like that. Mr Epeen
To be perfectly honest, I don't think this would do anything. Prior to PLEX people were able to sell GTCs on the forums. You'd have to ban that too. And the whole point of selling GTCs on the forum and PLEX in game is to put a limit on RMT. Why should I risk my account status for a meager 150 or so million ISK when I can buy a PLEX and sell it in game?
And rising PLEX prices means that RMT ISK exchange ratio has to drop. Nothing is all bad.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
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Mr Epeen
It's All About Me
8509
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Posted - 2015.05.11 06:10:50 -
[42] - Quote
Teckos Pech wrote:Mr Epeen wrote:Quote:PLEX prices getting too high Getting too high? They've been too high since forever. Time to get rid of them and go back to GTCs. Use Arum for special events, fanfest tickets, for good and all the other crap PLEX has been turned into a currency for. Or at least change the name from Pilot Licence Extension to Game Cash or something more honest like that. Mr Epeen To be perfectly honest, I don't think this would do anything. Prior to PLEX people were able to sell GTCs on the forums. You'd have to ban that too. And the whole point of selling GTCs on the forum and PLEX in game is to put a limit on RMT. Why should I risk my account status for a meager 150 or so million ISK when I can buy a PLEX and sell it in game? And rising PLEX prices means that RMT ISK exchange ratio has to drop. Nothing is all bad.
Yeah it's too late to fix this now. But I fought tooth and nail against introducing PLEX into the game. Replacing RMT with RMT was not, and is not the solution. It's just CCP shrugging and saying "Well, we can't stop it, so we might as well make some money off it."
Did PLEX stop devaluing ISK? No. Did it stop people buying SP? No. Did it stop ISK buyers? No. Did it stop anything that unofficial RMT was being blamed for? Not a bit. Did it in any way do anything to help the game? If you've been around as long as I have then you know the answer.
So here's a big fat I TOLD YOU SO, CCP!.
Mr Epeen
There are 86,400 seconds in a day. You just saved one of them by typing 'u' instead of 'you'.-á Congratulations, dumbass!
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Traejun DiSanctis
Astro Technologies SpaceMonkey's Alliance
109
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Posted - 2015.05.11 06:12:39 -
[43] - Quote
I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.
That said, most of the proposed solutions in this thread are not solutions at all.
IMO, fix the price of PLEX. I hate that idea, but its probably the only way to control it. |
Kashadin
Caldari Provisions Caldari State
13
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Posted - 2015.05.11 06:29:58 -
[44] - Quote
To the people saying that CCP needs to do something about the price of PLEX.
Why would they want to? That PLEX had to be bought, from them, at some point to be on the market. The going price of a PLEX is at a higher cost than the standard sub so at the end of the day the more people paying for a acct with PLEX the better, they make a few extra bucks off the acct than they would over a standard sub.
Add in the fact that every time a PLEX gets blown up or turned into AUR that is another 30 days of game time that CCP has already been paid for, taken out of the system w/o having to give anyone game time, which means that they can get it out of you another way (either you use another PLEX or you pay a sub)
Add into that if the people who quit the game with stockpiles of PLEX in their acct because it's a fairly safe commodity to invest in (both from a transport and from a potential return on investment) that they know that if they decide to come back they can always use that pile to make quick ISK to get back into w/e they want.
Also anyone who is looking for a quick injection of ISK, and has the ability to spend an extra $20usd to pick up a PLEX can do so, making CCP that much more money. And the higher the price for PLEX, the more likely people are to do that.
Yes the amount of ISK in the game is going up, there is no way that will change unless CCP either took a real world approach and limited the amount of total ISK in the game (terrible terrible idea) or if they somehow found a ISK sink that was fair to both high-end players that can log in and make 100+mill a hour consistently and the low-end players who struggle to make 20mill/hour. A hard task that I have yet to see any game do.
At the end tho, I think it is in CCPs best interest to allow the players to decide the cost of this in-game item. If the prices rise to the point that no one can afford it....then the prices will come down as people sell off stock piles and people who weren't interested in it finally take to the idea of some quick ISK. There will never come a day when the price of ISK out does the average income of a player. And there will never come a day when the idea of taking a overt hand in the control of the price of any in-game item (baring skill books) will ever be in CCPs best interest. |
Lucas Kell
Internet Terrorists SpaceMonkey's Alliance
5774
|
Posted - 2015.05.11 06:39:27 -
[45] - Quote
Teckos Pech wrote:Well, if the long term trend continues in about 6-8 months the price of a PLEX will be above 900 million and sustained. In about a year and a half, it will be above a billion. There are a number of possible explanations, but the most likely is that we have more ISK entering the New Eden economy. For example, we have this post indicating that from 2010 to 2012 the amount of ISK entering the New Eden economy increased by 260% (380 billion isk/day to around 1 trillion isk/day). Agreed.
Mr Epeen wrote:Did PLEX stop devaluing ISK? No. Did it stop people buying SP? No. Did it stop ISK buyers? No. Did it stop anything that unofficial RMT was being blamed for? Not a bit. Did it in any way do anything to help the game? If you've been around as long as I have then you know the answer. To be fair it did help because it diverted cash that would have gone to black market RMTers to CCP which means the game is at least benefiting when people buy it. It also put in official competition which makes it much harder for RMTers to operate effectively, which reduces how many even attempt to operate. EVE is a game with overly simple mechanics in too many areas. If illegitimate RMT were more rampant, botters would trash the economy in heartbeat.
The Indecisive Noob - EVE fan blog.
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Cassius Invictus
Thou shalt not kill A Nest of Vipers
134
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Posted - 2015.05.11 08:15:28 -
[46] - Quote
Ajunta Pal wrote:The PLEX sales seem to be CCPs way of countering the inflation, to a limited extent. CCP would have to perform market manipulation if they want to control the upper limit.
Keep in mind, most people can work in RL for 3-4 hours if they want a plex - where it takes 4-16 hours in game
Yep. I don't get it... why spend most time in game doing boring stuff to pay for a plex... I mean you can earn so much more in RL. Besides I think CCP should get paid for maintaining this game like they do. I play a lot of online games and I wish their developers put half the effort the CCP does (I'm looking at you wargaming ). |
Solecist Project
Shitt Outta Luck - GANKING4GOOD
24049
|
Posted - 2015.05.11 08:46:45 -
[47] - Quote
Cassius Invictus wrote:Ajunta Pal wrote:The PLEX sales seem to be CCPs way of countering the inflation, to a limited extent. CCP would have to perform market manipulation if they want to control the upper limit.
Keep in mind, most people can work in RL for 3-4 hours if they want a plex - where it takes 4-16 hours in game Yep. I don't get it... why spend most time in game doing boring stuff to pay for a plex... I mean you can earn so much more in RL. Besides I think CCP should get paid for maintaining this game like they do. I play a lot of online games and I wish their developers put half the effort the CCP does (I'm looking at you wargaming ). Discussing this is pretty stupid. Besides that, I bet if you actually thought about it, you would come up with at least a few. Because you didn't, else you'd figure it out.
S.O.L. GANKING4GOOD
Abolish Rookiecorps.
|
Zarere
Lom Corporation SpaceMonkey's Alliance
40
|
Posted - 2015.05.11 08:47:08 -
[48] - Quote
I dont get it, why do people play to pay for their plexes?, even in incursions it takes 3-4 hours to make the 750-850 million it costs to buy a plex.
And with mining it takes 10+ hours to get the same amount of isk.
Thats a ****** hourly wage, get a job instead, and play the game with the remaining time.
The mentality that you can pay for eve by playing the game is what have lead to these high plex prices, because everyone is buying plex to play the game.
Meanwhile the 1%'ers make about 3-4 billion an hour by working a regular job and then buying plexes to sell. |
Solecist Project
Shitt Outta Luck - GANKING4GOOD
24049
|
Posted - 2015.05.11 08:49:24 -
[49] - Quote
Mr Epeen wrote:Teckos Pech wrote:Mr Epeen wrote:Quote:PLEX prices getting too high Getting too high? They've been too high since forever. Time to get rid of them and go back to GTCs. Use Arum for special events, fanfest tickets, for good and all the other crap PLEX has been turned into a currency for. Or at least change the name from Pilot Licence Extension to Game Cash or something more honest like that. Mr Epeen To be perfectly honest, I don't think this would do anything. Prior to PLEX people were able to sell GTCs on the forums. You'd have to ban that too. And the whole point of selling GTCs on the forum and PLEX in game is to put a limit on RMT. Why should I risk my account status for a meager 150 or so million ISK when I can buy a PLEX and sell it in game? And rising PLEX prices means that RMT ISK exchange ratio has to drop. Nothing is all bad. Yeah it's too late to fix this now. But I fought tooth and nail against introducing PLEX into the game. Replacing RMT with RMT was not, and is not the solution. It's just CCP shrugging and saying "Well, we can't stop it, so we might as well make some money off it." Did PLEX stop devaluing ISK? No. Did it stop people buying SP? No. Did it stop ISK buyers? No. Did it stop anything that unofficial RMT was being blamed for? Not a bit. Did it in any way do anything to help the game? If you've been around as long as I have then you know the answer. So here's a big fat I TOLD YOU SO, CCP!. Mr Epeen Okay, so let's say I agree with you and now we're both wrong.
What's the issue, exactly? Because it doesn't seem like there is one.
And PLEX definitely helped against RMTers and ISK buyers. Did it remove them? No. Is it daft to assume such a thing is possible? Yes.
So?
S.O.L. GANKING4GOOD
Abolish Rookiecorps.
|
Solecist Project
Shitt Outta Luck - GANKING4GOOD
24049
|
Posted - 2015.05.11 08:51:17 -
[50] - Quote
Zarere wrote:I dont get it, why do people play to pay for their plexes?, even in incursions it takes 3-4 hours to make the 750-850 million it costs to buy a plex.
And with mining it takes 10+ hours to get the same amount of isk.
Thats a ****** hourly wage, get a job instead, and play the game with the remaining time.
The mentality that you can pay for eve by playing the game is what have lead to these high plex prices, because everyone is buying plex to play the game.
Meanwhile the 1%'ers make about 3-4 billion an hour by working a regular job and then buying plexes to sell. That's such a stupid troll-post, you should be fired.
S.O.L. GANKING4GOOD
Abolish Rookiecorps.
|
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Luna Amouh
Terra Nanotech Yulai Federation
0
|
Posted - 2015.05.11 09:37:59 -
[51] - Quote
What I find interesting is that a lot of people complain because they can't plex their accounts with minimal effort. That someone else had to buy the plex for 20 Gé¼/$ is completely ignored.
In the end it it a simple question of supply/demand. If nobody is investing real life money to get a measly 300m - 500m ISK, PLEX prices will rise to an acceptable level.
A lot of people seem to think that they are entitled to get PLEX for cheap, which obviously they are not.
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Delt0r Garsk
Shits N Giggles
345
|
Posted - 2015.05.11 10:24:50 -
[52] - Quote
Ajunta Pal wrote:The PLEX sales seem to be CCPs way of countering the inflation, to a limited extent. CCP would have to perform market manipulation if they want to control the upper limit.
Keep in mind, most people can work in RL for 3-4 hours if they want a plex - where it takes 4-16 hours in game My current salary is 2.5 plex an hour. I live in a country where a beer is 1/2 a plex and a movie is 1.2 plex. Going out to dinner with my wife (who plays eve) is 6plex.
Yet i still NPC :D but we do it as a corp and its fun.
I always wonder about the plex price. It sells. Look at the volume. So if its too expensive who the hell is buying it. The answer is very simple. Its not too expensive.
Death and Glory!
Well fun is also good.
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Mizhir
Matari Exodus The Camel Empire
74362
|
Posted - 2015.05.11 11:02:00 -
[53] - Quote
ShahFluffers wrote:Oh... this topic again.
Is it that time of the month?
Fixed for you.
One Man Crew - Collective Solo PVP - Video is out!
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Trajan Unknown
Agony Unleashed Agony Empire
24
|
Posted - 2015.05.11 11:05:35 -
[54] - Quote
I like high plex prices but they will come and go like everything. But for people like who don-¦t really invest time into ingame mechanics to make ISK it-¦s nice to sell plex. For me it breaks down to a simple formula.
If time > money
buy plex else do pve/something else.
My time is worth more than the money I spend on plex so buying plex and sell it after is no biggie for me and there a lot of people who do the same. And as said in another thread, be happy that there are people who actually buy "your" plex for real money else there won-¦t be "free EvE" for you. :)
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Angelica Everstar
166
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Posted - 2015.05.11 11:58:43 -
[55] - Quote
As always, I find this kind of thread really funny.
So many people talking about something, that they clearly have no idea how works. As I have stated many times before, "this is just the beginning"
P.S. A heartfelt "Thank you" to all the people that spent RL money, so I can play EVE for free
§ Help support PLEX4GOOD and become a better trader
¦Æ Bonds: Current AE07 1 Trillion // Total : 2+ Trillon ISK
¢ Any bad spelling or grammar, is free of charge
@EveEntrepreneur
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ImYourMom
Republic University Minmatar Republic
62
|
Posted - 2015.05.11 12:03:38 -
[56] - Quote
to be honest it depends if your the buyer or seller. I sell plex to get ISK therefore the more it goes up the better. I would just buy plex for game time from a third party which is easier and probably cheaper trying to grind 800mill isk unless of course your doing c6 wormholes :) |
Vincent Athena
V.I.C.E.
3403
|
Posted - 2015.05.11 12:43:34 -
[57] - Quote
Traejun DiSanctis wrote:I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.
That said, most of the proposed solutions in this thread are not solutions at all.
IMO, fix the price of PLEX. I hate that idea, but its probably the only way to control it. If you feel there is too much ISK in the game, here is the way you can fix it.
1) Go to a system where the NPCs are selling either skill books or BPOs. 2) Buy a bunch. ISK has now left the game. 3) Jet what you bought and destroy the can. 4) Repeat until the ISK supply has been reduced to your satisfaction.
Know a Frozen fan? Check this out
Frozen fanfiction
|
Tippia
Sunshine and Lollipops
25136
|
Posted - 2015.05.11 12:59:21 -
[58] - Quote
Mr Epeen wrote:Did PLEX stop devaluing ISK? No. Did it stop people buying SP? No. Did it stop ISK buyers? No. Did it stop anything that unofficial RMT was being blamed for? Not a bit. Did it in any way do anything to help the game? If you've been around as long as I have then you know the answer. Most of that is because it never intended to do anything of the kind.
PLEX can't affect the value of ISK because they're almost completely economy-neutral. There was never any intent of making them alter any change in value of ISK. Not to mention that the supposed devaluation is up for debate to begin withGǪ
PLEX did not stop people buying SP for the simple reason that nothing can stop something that doesn't exist. The game mechanics of how SP is created stops people from buy SP GÇö PLEX isn't even a factor GÇö so that could never be an intent either.
Did it stop anything that unofficial RMT was blamed for? No, because the intent was never to stop anything GÇö only to offer a far less harmful alternative to the same demand. As it happens it did do that: rather than using a service that often hinges on fraud and account theft, people can get their hands on a good that they can trade for ISK without other customers (or CCP) suffering any ill consequences from it. As such, if you've been around for as long (or longer) than you have, you will know that PLEX has helped the game in quite a few ways.
GÇ£If you're not willing to fight for what you have in GëívGëí you don't deserve it, and you will lose it.GÇ¥
Get a good start: Newbie skillplan 2.2.
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Malcanis
Vanishing Point. The Initiative.
16352
|
Posted - 2015.05.11 13:00:51 -
[59] - Quote
Traejun DiSanctis wrote:I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.
That said, most of the proposed solutions in this thread are not solutions at all.
IMO, fix the price of PLEX. I hate that idea, but its probably the only way to control it.
The RMT community thanks you for your support.
"It is difficult to get a man to understand something, when his ISK/hr depends upon his not understanding it!"
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Shakuul
Infinitus Sapientia
13
|
Posted - 2015.05.11 13:17:09 -
[60] - Quote
Mr Epeen wrote:[quote=Teckos Pech] Yeah it's too late to fix this now. But I fought tooth and nail against introducing PLEX into the game. Replacing RMT with RMT was not, and is not the solution. It's just CCP shrugging and saying "Well, we can't stop it, so we might as well make some money off it." Did PLEX stop devaluing ISK? No. Did it stop people buying SP? No. Did it stop ISK buyers? No. Did it stop anything that unofficial RMT was being blamed for? Not a bit. Did it in any way do anything to help the game? If you've been around as long as I have then you know the answer. So here's a big fat I TOLD YOU SO, CCP!. Mr Epeen
Nothing is ever going to stop RMT completely short of spyware style programs like Warden, and even that doesn't stop botters completely. The questions are 1) if PLEX increases or reduces RMT and 2) if PLEX is good for EVE.
On (1), any alternative to RMT that doesn't get you banned seems like it should be preferable, and given that you can now get 800mil for $15 via PLEX versus 1bil for $12 via RMT, PLEX provides a pretty compelling alternative.
On (2), in my opinion an expanding high quality subscriber base makes EVE better, and PLEX makes eve affordable to some people who otherwise wouldn't be able to play. Additionally, people with one account can afford two or three instead, which helps CCP make EVE a better game. |
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Solecist Project
Shitt Outta Luck - GANKING4GOOD
24052
|
Posted - 2015.05.11 13:21:25 -
[61] - Quote
Luna Amouh wrote:What I find interesting is that a lot of people complain because they can't plex their accounts with minimal effort. That someone else had to buy the plex for 20 Gé¼/$ is completely ignored.
In the end it it a simple question of supply/demand. If nobody is investing real life money to get a measly 300m - 500m ISK, PLEX prices will rise to an acceptable level.
A lot of people seem to think that they are entitled to get PLEX for cheap, which obviously they are not.
I agree that people would buy PLEX with ISK if they dropped back to 400mill.
But that's too late.
For the PLEX price to drop that badly ... ... we'd have to shed a shitton of subs.
If all PLEX hoarders suddenly dumped ... ... then yes, people would buy like mad.
If the PLEX price through lack of demand, though ... ... then we lost a shitton of subs ... ... and only survive through via an iron lung.
We might get out of it alive ... ... but that's guesswork.
S.O.L. GANKING4GOOD
Abolish Rookiecorps.
|
Memphis Baas
393
|
Posted - 2015.05.11 13:48:00 -
[62] - Quote
CCP could also stop the Plex for Good (reduce demand for PLEX) and give a 50% discount (PLEX for $10) and I believe you'll see the ISK/PLEX ratio drop drastically overnight. Of course, you'd be an ass to ask for these things, considering that the first helps victims and the second keeps CCP afloat. |
Daerrol
Quantum Singularities Half Massed
152
|
Posted - 2015.05.11 14:07:40 -
[63] - Quote
4 hours of playing EVE for 15$ of IRL value seems about right to me? |
Pohbis
Neo T.E.C.H.
470
|
Posted - 2015.05.11 14:16:50 -
[64] - Quote
There is no "too high".
EVE is a paid subscription game. The option of playing to pay, is a convenience option.
If the convenience balance is shifting, you pay instead. Players who don't want to spend a dime aren't worth anything to CCP GÇô this is a single shard game, they don't need to inflate server numbers with "warm bodies", to create content for people. |
Elenahina
Agony Unleashed Agony Empire
543
|
Posted - 2015.05.11 14:45:32 -
[65] - Quote
Jenn aSide wrote:Asaka Issier wrote:It it just me or have plexes been jumping several million each day? A month or so ago they were about 750mil. Will there be a cap limit on how high they can go before they get to be stupidly expensive where only players with ample time to produce the isk for them can buy them? I translate this is "someone do something about PLEX, else the 1% yada yada cry cry". At current prices a plex is 28 mil per day. There are lvl 4 missions and null anomalies that pay 28 mil in total rewards (and at the standard lp exchange rate, a single High Sec Incursion site pays 38.5 mil). ONE mission or anomaly a day pays for a plex, or you could join an incursion fleet, and do ONE hq site a day for 22 days and make a plex. In other words, PLEX are ridiculously inexpensive in terms of time per day a player needs to devote to getting one. The people who complain about them are ones who are reckless with their isk and only think about plex when it's time to resub, which is a personal failing. Stop complaining.
Pretty much this. Making money in this gme is the least difficult thing you can do. It practically puts itself into your wallet, as long you aren't foolish with it.
Agony Unleashed is Recruiting - Small Gang PvP in Null Sec
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erg cz
Tribal Core
244
|
Posted - 2015.05.11 14:47:39 -
[66] - Quote
Pohbis wrote:There is no "too high".
Yes, there is no.
Pohbis wrote: they don't need to inflate server numbers with "warm bodies", to create content for people.
Wrong, they do. No warm bodies - no ego boosters for "cool" PvP players. In most cases "cool" PvP chars are not capable of any other PvP, than just shoot into "warm bodies". Unless they are newbees, they usually flee if there is at small chance they will lose their ship. Players personal skill in low sec is often measured by your ability to find your " warm body " and kill it before real pvp players will get on grid and kill you. |
Lucas Kell
Internet Terrorists SpaceMonkey's Alliance
5774
|
Posted - 2015.05.11 17:05:14 -
[67] - Quote
Vincent Athena wrote:Traejun DiSanctis wrote:I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.
That said, most of the proposed solutions in this thread are not solutions at all.
IMO, fix the price of PLEX. I hate that idea, but its probably the only way to control it. If you feel there is too much ISK in the game, here is the way you can fix it. 1) Go to a system where the NPCs are selling either skill books or BPOs. 2) Buy a bunch. ISK has now left the game. 3) Jet what you bought and destroy the can. 4) Repeat until the ISK supply has been reduced to your satisfaction. This can actually be improved. 1) Go to a system where the NPCs are selling skill books 2) Buy a bunch. ISK has now left the game. 3) Fly those books to trade hubs, and list for 2% below NPC price 4) Watch books sell rapidly 5) Repeat, laughing as you pour not just your isk, but billions of other people's isk out of the game.
The Indecisive Noob - EVE fan blog.
Wholesale Trading - The new bulk trading mailing list.
Chrysus Industries - Savings made simple!
|
Tollen Gallen
Glory of Reprisal Enterprise
9086
|
Posted - 2015.05.11 17:19:47 -
[68] - Quote
I like PLEX4GOOD.
Zimmy Zeta - I f*cking love martinis. the original ones, with gin, not that vodka martini crap.
Your old Friends can use me for 7 days, free!!!
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WhyTry1
Comply Or Die Retribution.
85
|
Posted - 2015.05.11 17:50:13 -
[69] - Quote
Tippia wrote:Mr Epeen wrote:Did PLEX stop devaluing ISK? No. Did it stop people buying SP? No. Did it stop ISK buyers? No. Did it stop anything that unofficial RMT was being blamed for? Not a bit. Did it in any way do anything to help the game? If you've been around as long as I have then you know the answer. Most of that is because it never intended to do anything of the kind. PLEX can't affect the value of ISK because they're almost completely economy-neutral. There was never any intent of making them affect the changes in value of ISK (not to mention that the supposed devaluation is up for debate to begin withGǪ). PLEX did not stop people buying SP for the simple reason that nothing can stop something that doesn't exist. The game mechanics of how SP is created stop people from buying SP (i.e. there are no mechanics that would even remotely allow for it) GÇö PLEX isn't even a factor GÇö so that could never be an intent either. Did it stop anything that unofficial RMT was blamed for? No, because the intent was never to stop anything GÇö not even CCP is that delusional GÇö only to offer a far less harmful and safe alternative to the same demand. As it happens it did do that: rather than using a service that often hinges on fraud and account theft, people can get their hands on a good that they can trade for ISK without other customers (or CCP) suffering any ill consequences from it. As such, if you've been around for as long (or longer) than you have, you will know that PLEX has helped the game in quite a few ways.
The issue is that PLEX is used for many things thus driving the price up. Falsely IMO. Some people just want to convert PLEX to ISK and that's it, some just want to add more game time. But you are paying for all the extras it offers, even though you can ever only use it for one thing at a time. So you're paying a premium for it.
We know that CCP had another motive to establish PLEX, and that's to combat ISK Sellers and RMT and also gain some valuable income. Why buy it from the RMTers and get caught (see how they ramped up security on RMT) when you can buy ISK from us officially. They knew there was a market for it, so why not exploit it. To say different is being completely na+»ve.
The thing is people are a little spolit in EVE, not many if any allow you to pay for game time, buy using ingame currency where you can grind that money, ultimately if you want never pay for the game. People should realise that too.. You actually never ever have to pay for anything in the game if you work for it. Sadly though grinding with low rewards isn't fun and it is a grind. If you PVP as well then its near impossible to feed the PVP habit and grind for PLEX. Unless you have a few accounts.
Therefore CCP know that (the bit I don't like) you cant sustain a good pvp habit constantly, because the isk grind is terrible, so they sell you ISK via PLEX instead. Great business model to make real money really quick.
Be interesting to know how much CCP make via PLEX |
Tippia
Sunshine and Lollipops
25138
|
Posted - 2015.05.11 19:51:37 -
[70] - Quote
WhyTry1 wrote:The issue is that PLEX is used for many things thus driving the price up. Falsely IMO. Some people just want to convert PLEX to ISK and that's it, some just want to add more game time. But you are paying for all the extras it offers, even though you can ever only use it for one thing at a time. So you're paying a premium for it. Neither of those mean you're paying a premium. If you want to convert to ISK, you pay a fixed price that has been the same since long before PLEX even existed. If you want more game time, you simply pay what the market think a PLEX is worth.
As it is, PLEX are unusually cheap right now, and what drives the prices up are more likely connected to speculation than to any of the actual end uses. So, as many have pointed out, it's highly debatable whether it's really an issue or not to begin with.
Quote:Therefore CCP know that (the bit I don't like) you cant sustain a good pvp habit constantly, because the isk grind is terrible, so they sell you ISK via PLEX instead. GǪexcept that CCP does not sell ISK via PLEX, and that the ISK grind is a) optional, and b) not actually removed through this mechanism.
GÇ£If you're not willing to fight for what you have in GëívGëí you don't deserve it, and you will lose it.GÇ¥
Get a good start: Newbie skillplan 2.2.
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Teckos Pech
The Executives Executive Outcomes
2899
|
Posted - 2015.05.11 21:20:06 -
[71] - Quote
Traejun DiSanctis wrote:I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.[quote=Traejun DiSanctis]I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.
That said, most of the proposed solutions in this thread are not solutions at all.
IMO, fix the price of PLEX. I hate that idea, but its probably the only way to control it.
Fix the price of PLEX is fixing the symptom not the underlying cause. It is like telling somebody who is a Type II diabetic to simply reduce their blood glucose by taking their medicine. It does not treat the underlying problem (too much insulin which has led to insulin resistance). In this case, it is too much ISK flowing into the Eve economy.
The solution is rather obvious.
1.Reduce the ISK flowing into the economy. 2.Increase the ISK flowing out of the economy.
Ways to approach 1 are as follows:
A.Decrease incursion payouts. B.Decrease rat bounties. C.Decrease insurance payouts. D.Decrease mission rewards.
To implement 2 some possibilities are:
E.Increase the price of BPOs. F.Increase the price of (higher end) skill books. G.Increase LP store prices.
Of course, none of these are terribly popular with most players.
That said, most of the proposed solutions in this thread are not solutions at all.
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Stacy Lone
University of Caille Gallente Federation
72
|
Posted - 2015.05.11 21:21:17 -
[72] - Quote
WhyTry1 wrote: Therefore CCP know that (the bit I don't like) you cant sustain a good pvp habit constantly, because the isk grind is terrible, so they sell you ISK via PLEX instead. Great business model to make real money really quick.
Be interesting to know how much CCP make via PLEX
Except they don't.
The ISK you are getting for your PLEX have been grinded ingame - just not by you, but someone else. |
Kashadin
Caldari Provisions Caldari State
14
|
Posted - 2015.05.11 21:52:49 -
[73] - Quote
Stacy Lone wrote:[quote]
Imho the expect opposite would be good. Drastically increase all payout, by a factor of maybe 10 times. This would devalue the already stockpiled ISK. Yes, all market prices would skyrocket, but you'd also have much more ISK and the ISk reserves of older players would be worth only 1/10th od what they used to be worth.
Ask post-WWII Germany how that works out. Not saying that the situations would be completely parallel, but the effect on the economy would be disastrous at least.
Best case scenario, everything cost 10x as much as it did before and the people with tons of ISK on hand and plans in place to turn ISK into assets would be in a even better position and the people who just want ISK to fund w/e they are doing would just need to get more ISK, the grind would take just as long(if not longer), the numbers would just be bigger.
Worst case scenario, the economy in the game crashes as people jack up prices on everything (or pull goods all together to calculate the new price points) and no one knows how to price anything, do they leave the prices as is? Do they jack everything up 10x? Or do they find a middle price range? Remember, most prices of things in the game are based around how much it cost to make it and how much people are willing/able to pay for it. If everyone suddenly got a huge boost to income, don't you think the manufactures and miners of EVE would want to see some of that?
Look at the Chinese server if you want to see what happens when ISK generation is out of hand, and that is with the current system is in place.
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Derath Ellecon
Blue Sun Exploration Situation: Normal
2392
|
Posted - 2015.05.11 22:16:09 -
[74] - Quote
Pohbis wrote:There is no "too high".
EVE is a paid subscription game. The option of playing to pay, is a convenience option.
If the convenience balance is shifting, you pay instead. Players who don't want to spend a dime aren't worth anything to CCP GÇô this is a single shard game, they don't need to inflate server numbers with "warm bodies", to create content for people.
I disagree. The people who don't want to spend a dime are the ones who help create the PLEX market. Without buyers for PLEX in game there would be less of an incentive to buy them for real $$ out of game. |
Teckos Pech
The Executives Executive Outcomes
2899
|
Posted - 2015.05.11 22:26:56 -
[75] - Quote
WhyTry1 wrote:Tippia wrote:Mr Epeen wrote:Did PLEX stop devaluing ISK? No. Did it stop people buying SP? No. Did it stop ISK buyers? No. Did it stop anything that unofficial RMT was being blamed for? Not a bit. Did it in any way do anything to help the game? If you've been around as long as I have then you know the answer. Most of that is because it never intended to do anything of the kind. PLEX can't affect the value of ISK because they're almost completely economy-neutral. There was never any intent of making them affect the changes in value of ISK (not to mention that the supposed devaluation is up for debate to begin withGǪ). [snip] Did it stop anything that unofficial RMT was blamed for? No, because the intent was never to stop anything GÇö not even CCP is that delusional GÇö only to offer a far less harmful and safe alternative to the same demand. As it happens it did do that: rather than using a service that often hinges on fraud and account theft, people can get their hands on a good that they can trade for ISK without other customers (or CCP) suffering any ill consequences from it. As such, if you've been around for as long (or longer) than you have, you will know that PLEX has helped the game in quite a few ways. The issue is that PLEX is used for many things thus driving the price up. Falsely IMO. Some people just want to convert PLEX to ISK and that's it, some just want to add more game time. But you are paying for all the extras it offers, even though you can ever only use it for one thing at a time. So you're paying a premium for it. Therefore CCP know that (the bit I don't like) you cant sustain a good pvp habit constantly, because the isk grind is terrible, so they sell you ISK via PLEX instead. Great business model to make real money really quick. [snip] Be interesting to know how much CCP make via PLEX
Lots of stuff to cover in those three posts quoted above.
First off Mr. EpeenGÇÖs comments. PLEX do help limit RMT. Because PLEX are so high in value they are an attractive alternative to buying RMT ISK which can get your account banned and result in the player losing money (CCP takes that ISK away). The higher PLEX prices go, the lower RMT prices have to go to compensate for the extra risk and to compete. Will it stop RMT? Interesting question, and my answer is that at some price it will make RMT activities in Eve Online unprofitable and yes it will kill RMT. Of course that price might be quite high and there might be other problems with PLEX prices being that high that are bad for the game and possibly even worse than tolerating a certain level of RMT.
TippiaGÇÖs comment. Yes PLEX, in theory, can impact the value of ISK. If CCP sold a bunch of PLEX on the in game market it could take the ISK it gets and either GÇ£sequesterGÇ¥ it or even destroy it. The problem is that creating a PLEX simply to sell on the in game market in this fashion does not result in money for CCP. They could use any PLEX they obtained from a seized account which was presumably paid for at some point, but that is probably not that large a quantity of PLEX. I supposeGǪCCP could create new PLEX that is equal to PLEX that are destroyed in game as well. They did get money for those.
Lastly, there are only a few things PLEX are good for. Extending game time and converting ISK in Aurum. The exchange rate was pretty bad for the later, not sure if that is still the case. Also, some players use PLEX as a hedge against inflation if they are going to be leaving the game for a period of time. Those are about the only uses for PLEX and none of those uses really drive up the price of PLEX. Instead it has been most likely due the acceleration of ISK entering the economy. Imagine if you logged in one day and found 50 billion ISK in your wallet. Some other player just picked your name at random and dumped his ISK in your wallet. Would you possibly go out and buy a yearGÇÖs worth of PLEX? Some players might. Now imagine EVERYONE getting extra ISK in their wallets. The price of many things, and especially PLEX would likely rise. Even if you didnGÇÖt spend all those billions buying and holding lots of PLEX till you can find a place to invest the ISK would not be a horrible idea.
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Teckos Pech
The Executives Executive Outcomes
2899
|
Posted - 2015.05.11 22:30:22 -
[76] - Quote
Stacy Lone wrote:Quote: Therefore CCP know that (the bit I don't like) you cant sustain a good pvp habit constantly, because the isk grind is terrible, so they sell you ISK via PLEX instead. Great business model to make real money really quick.
Be interesting to know how much CCP make via PLEX
Except they don't. The ISK you are getting for your PLEX have been grinded ingame - just not by you, but someone else. Quote: A.Decrease incursion payouts. B.Decrease rat bounties. C.Decrease insurance payouts. D.Decrease mission rewards.
Great. Now every new player can make less ISK, so the power difference between new players and older, rich players who already have shittons of ISk gets even bigger. Imho the expect opposite would be good. Drastically increase all payout, by a factor of maybe 10 times. This would devalue the already stockpiled ISK. Yes, all market prices would skyrocket, but you'd also have much more ISK and the ISk reserves of older players would be worth only 1/10th od what they used to be worth.
I did say that those solutions would be unpopular....maybe you should try reading for comprehension.
Also, increasing all payouts by a factor of 10 would likely push PLEX prices well over 2 billion very, very quickly and probably higher. And inflation tends to hurt the poor and those on fixed incomes the most.
You are just flat out wrong everywhere in your reply to me.
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Teckos Pech
The Executives Executive Outcomes
2899
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Posted - 2015.05.11 22:31:59 -
[77] - Quote
Kashadin wrote:Stacy Lone wrote:Quote:
Imho the expect opposite would be good. Drastically increase all payout, by a factor of maybe 10 times. This would devalue the already stockpiled ISK. Yes, all market prices would skyrocket, but you'd also have much more ISK and the ISk reserves of older players would be worth only 1/10th od what they used to be worth.
Ask post-WWII Germany how that works out. Not saying that the situations would be completely parallel, but the effect on the economy would be disastrous at least. Or Zimbabwe circa 2008 and 2009. [quote]Zimbabwe Dollars ranging from 10 dollars to 100 billion printed within a one year period.
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Gully Alex Foyle
Black Fox Marauders Spaceship Bebop
3917
|
Posted - 2015.05.11 22:32:36 -
[78] - Quote
Stacy Lone wrote:Quote: Therefore CCP know that (the bit I don't like) you cant sustain a good pvp habit constantly, because the isk grind is terrible, so they sell you ISK via PLEX instead. Great business model to make real money really quick.
Be interesting to know how much CCP make via PLEX
Except they don't. The ISK you are getting for your PLEX have been grinded ingame - just not by you, but someone else. Quote: A.Decrease incursion payouts. B.Decrease rat bounties. C.Decrease insurance payouts. D.Decrease mission rewards.
Great. Now every new player can make less ISK, so the power difference between new players and older, rich players who already have shittons of ISk gets even bigger. Imho the expect opposite would be good. Drastically increase all payout, by a factor of maybe 10 times. This would devalue the already stockpiled ISK. Yes, all market prices would skyrocket, but you'd also have much more ISK and the ISk reserves of older players would be worth only 1/10th od what they used to be worth. Thank [insert favorite divinity] you're not Chairwoman of the Fed.
Make space glamorous!
Is EVE dying or not? Ask the EVE-O Death-o-meter!
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Teckos Pech
The Executives Executive Outcomes
2899
|
Posted - 2015.05.11 22:38:33 -
[79] - Quote
Gully Alex Foyle wrote:Stacy Lone wrote:Quote: Therefore CCP know that (the bit I don't like) you cant sustain a good pvp habit constantly, because the isk grind is terrible, so they sell you ISK via PLEX instead. Great business model to make real money really quick.
Be interesting to know how much CCP make via PLEX
Except they don't. The ISK you are getting for your PLEX have been grinded ingame - just not by you, but someone else. Quote: A.Decrease incursion payouts. B.Decrease rat bounties. C.Decrease insurance payouts. D.Decrease mission rewards.
Great. Now every new player can make less ISK, so the power difference between new players and older, rich players who already have shittons of ISk gets even bigger. Imho the expect opposite would be good. Drastically increase all payout, by a factor of maybe 10 times. This would devalue the already stockpiled ISK. Yes, all market prices would skyrocket, but you'd also have much more ISK and the ISk reserves of older players would be worth only 1/10th od what they used to be worth. Thank [insert favorite divinity] you're not Chairwoman of the Fed.
I am not a religious person, but Amen to that Gully.
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Kharnakh
Acheron Imperial Ascendancy Acheron Imperial Dominion
45
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Posted - 2015.05.11 23:34:17 -
[80] - Quote
WhyTry1 wrote:Be interesting to know how much CCP make via PLEX
At -ú9.99 a month for a sub, and -ú16.99 (for a single plex, from the eve store), 70% more than they would if you just paid for your account with real money...
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Eldwinn
V.O.I.D. Shadow Cartel
299
|
Posted - 2015.05.11 23:54:20 -
[81] - Quote
Ajunta Pal wrote:The PLEX sales seem to be CCPs way of countering the inflation, to a limited extent. CCP would have to perform market manipulation if they want to control the upper limit.
Keep in mind, most people can work in RL for 3-4 hours if they want a plex - where it takes 4-16 hours in game
4 to 16 hours in game. Mate, what do you do to make your isk and why does it take so long? |
Vortexo VonBrenner
kaldasti sjo sigla
1855
|
Posted - 2015.05.12 01:44:33 -
[82] - Quote
So...PLEX is too high again, eh? How many billions is a PLEX up to on the Chinese server? We have seen nothing yet, I think.
The thing about this signature is that by the time you realise it doesn't say anything interesting you're almost done reading it anyway.
- Abraham Lincoln
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Teckos Pech
The Executives Executive Outcomes
2903
|
Posted - 2015.05.12 05:40:44 -
[83] - Quote
My understanding is that botting is rampant on Serenity so the two situations are not really analogous.
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ImYourMom
Republic University Minmatar Republic
62
|
Posted - 2015.05.12 06:46:12 -
[84] - Quote
Teckos Pech wrote:Traejun DiSanctis wrote:I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.[quote=Traejun DiSanctis]I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.
That said, most of the proposed solutions in this thread are not solutions at all.
IMO, fix the price of PLEX. I hate that idea, but its probably the only way to control it. Fix the price of PLEX is fixing the symptom not the underlying cause. It is like telling somebody who is a Type II diabetic to simply reduce their blood glucose by taking their medicine. It does not treat the underlying problem (too much insulin which has led to insulin resistance). In this case, it is too much ISK flowing into the Eve economy. The solution is rather obvious. 1.Reduce the ISK flowing into the economy. 2.Increase the ISK flowing out of the economy. Ways to approach 1 are as follows: A.Decrease incursion payouts. B.Decrease rat bounties. C.Decrease insurance payouts. D.Decrease mission rewards. To implement 2 some possibilities are: E.Increase the price of BPOs. F.Increase the price of (higher end) skill books. G.Increase LP store prices. Of course, none of these are terribly popular with most players. That said, most of the proposed solutions in this thread are not solutions at all.
Are you mental?
what would drive down prices is making those better and higher now decrease them. The more ISK people make the less need to buy a plex either in game or RMT. Meaning more plex available meaning less prices. Supply > demand...
If CCP signifiicantly increased bounties, missions isk etc (which is woeful to be honest) the more people buy ships, mods, skins etc makes for a better economy, makes for more people pvping more often. One reason people stop playing is basically they run out of ISK and quite frankly cant be assed to grind up for hours just to get another ship that 10 seconds later gets blown up. Its really not rocket science...
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Kashadin
Caldari Provisions Caldari State
21
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Posted - 2015.05.12 06:59:45 -
[85] - Quote
ImYourMom wrote:Teckos Pech wrote:Traejun DiSanctis wrote:I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.[quote=Traejun DiSanctis]I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.
That said, most of the proposed solutions in this thread are not solutions at all.
IMO, fix the price of PLEX. I hate that idea, but its probably the only way to control it. Fix the price of PLEX is fixing the symptom not the underlying cause. It is like telling somebody who is a Type II diabetic to simply reduce their blood glucose by taking their medicine. It does not treat the underlying problem (too much insulin which has led to insulin resistance). In this case, it is too much ISK flowing into the Eve economy. The solution is rather obvious. 1.Reduce the ISK flowing into the economy. 2.Increase the ISK flowing out of the economy. Ways to approach 1 are as follows: A.Decrease incursion payouts. B.Decrease rat bounties. C.Decrease insurance payouts. D.Decrease mission rewards. To implement 2 some possibilities are: E.Increase the price of BPOs. F.Increase the price of (higher end) skill books. G.Increase LP store prices. Of course, none of these are terribly popular with most players. That said, most of the proposed solutions in this thread are not solutions at all. Are you mental? what would drive down prices is making those better and higher now decrease them. The more ISK people make the less need to buy a plex either in game or RMT. Meaning more plex available meaning less prices. Supply > demand... If CCP signifiicantly increased bounties, missions isk etc (which is woeful to be honest) the more people buy ships, mods, skins etc makes for a better economy, makes for more people pvping more often. One reason people stop playing is basically they run out of ISK and quite frankly cant be assed to grind up for hours just to get another ship that 10 seconds later gets blown up. Its really not rocket science...
*cracks knuckles* Ok, after reading this out loud to myself a few times I think I understand this post, sorry if english is your second language, but your sentence structure needs work.
If everyone in the game both wanted to use PLEX to pay for the game, personally I don't no matter how much ISK I make, and could afford (in game) to do so, then the price of PLEX would go up until PLEX either ran out or you got to the point where it out priced the average players income, leading to people not being able to PLEX a acct, leading to people either shutting off accts or just deciding to pay for them with cash and use the ISK for other things.
Outside of buying PLEX if the income of all non-trade activities (see: any time the game generates ISK from nothing) increases then you will see a general increase in the price of items in the game go up as well, since people will be able to pay more for things, tho the increase will either be steady if the increase is small or sudden and destructive if the increase is dramatic.
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Ima Wreckyou
The Conference Elite CODE.
1039
|
Posted - 2015.05.12 07:02:56 -
[86] - Quote
They took our jobs!
the Code ALWAYS wins
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Teckos Pech
The Executives Executive Outcomes
2904
|
Posted - 2015.05.12 07:18:32 -
[87] - Quote
ImYourMom wrote:Teckos Pech wrote:Traejun DiSanctis wrote:I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.[quote=Traejun DiSanctis]I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.
That said, most of the proposed solutions in this thread are not solutions at all.
IMO, fix the price of PLEX. I hate that idea, but its probably the only way to control it. Fix the price of PLEX is fixing the symptom not the underlying cause. It is like telling somebody who is a Type II diabetic to simply reduce their blood glucose by taking their medicine. It does not treat the underlying problem (too much insulin which has led to insulin resistance). In this case, it is too much ISK flowing into the Eve economy. The solution is rather obvious. 1.Reduce the ISK flowing into the economy. 2.Increase the ISK flowing out of the economy. Ways to approach 1 are as follows: A.Decrease incursion payouts. B.Decrease rat bounties. C.Decrease insurance payouts. D.Decrease mission rewards. To implement 2 some possibilities are: E.Increase the price of BPOs. F.Increase the price of (higher end) skill books. G.Increase LP store prices. Of course, none of these are terribly popular with most players. That said, most of the proposed solutions in this thread are not solutions at all. Are you mental? what would drive down prices is making those better and higher now decrease them. The more ISK people make the less need to buy a plex either in game or RMT. Meaning more plex available meaning less prices. Supply > demand... If CCP signifiicantly increased bounties, missions isk etc (which is woeful to be honest) the more people buy ships, mods, skins etc makes for a better economy, makes for more people pvping more often. One reason people stop playing is basically they run out of ISK and quite frankly cant be assed to grind up for hours just to get another ship that 10 seconds later gets blown up. Its really not rocket science...
Heh, no. The adults here realize that increasing the rate at which the money supply grows increases the rate of inflation. Inflation does not increase economic activity due to money illusion (aka price illusion).
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Aralyn Cormallen
Wildly Inappropriate Goonswarm Federation
1059
|
Posted - 2015.05.12 10:29:00 -
[88] - Quote
ImYourMom wrote:Teckos Pech wrote:Traejun DiSanctis wrote:I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.[quote=Traejun DiSanctis]I recently returned to the game after some years away. Last time I was playing, PLEX was going for ~350-400M ISK at Jita. Now we're seeing it at 850M ISK and more. That's pretty rapid inflation. The cause of it is simple, there's too much ISK in the economy currently. I can make enough for a PLEX in 6-8 hours of ratting in null. Often even fast than that. Essentially, I can rat for a couple hours a day per week and make enough to play for free. People playing efficiently in Hi Sec can make enough for PLEX in only slightly more time than that. Of course the value of PLEX is going to explosively inflate... people can afford it without much trouble.
That said, most of the proposed solutions in this thread are not solutions at all.
IMO, fix the price of PLEX. I hate that idea, but its probably the only way to control it. Fix the price of PLEX is fixing the symptom not the underlying cause. It is like telling somebody who is a Type II diabetic to simply reduce their blood glucose by taking their medicine. It does not treat the underlying problem (too much insulin which has led to insulin resistance). In this case, it is too much ISK flowing into the Eve economy. The solution is rather obvious. 1.Reduce the ISK flowing into the economy. 2.Increase the ISK flowing out of the economy. Ways to approach 1 are as follows: A.Decrease incursion payouts. B.Decrease rat bounties. C.Decrease insurance payouts. D.Decrease mission rewards. To implement 2 some possibilities are: E.Increase the price of BPOs. F.Increase the price of (higher end) skill books. G.Increase LP store prices. Of course, none of these are terribly popular with most players. That said, most of the proposed solutions in this thread are not solutions at all. Are you mental? what would drive down prices is making those better and higher now decrease them. The more ISK people make the less need to buy a plex either in game or RMT. Meaning more plex available meaning less prices. Supply > demand... If CCP signifiicantly increased bounties, missions isk etc (which is woeful to be honest) the more people buy ships, mods, skins etc makes for a better economy, makes for more people pvping more often. One reason people stop playing is basically they run out of ISK and quite frankly cant be assed to grind up for hours just to get another ship that 10 seconds later gets blown up. Its really not rocket science...
Wow, you got that basically completely backwards. The more isk people have, the more likely they are to buy PLEX for isk, hence increasing demand for them, hence driving up price. While on the flip side, the easier people can get isk in game, the less likely they are to pay real money for PLEX, so supply drops, which again, drives up price.
The person you are calling "mental" has it right - reducing the amount of isk people have makes them more inclined to pay their subscription with real money, as they have less spare isk (hence reducing demand for PLEXx), or more likely to buy PLEX with real money to give their wallet a boost (hence increasing supply in the market), both of which would drive down the cost of PLEX.
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Solecist Project
Shitt Outta Luck - GANKING4GOOD
24065
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Posted - 2015.05.12 10:51:20 -
[89] - Quote
Aralyn Cormallen wrote:Wow, you got that basically completely backwards. The more isk people have, the more likely they are to buy PLEX for isk, hence increasing demand for them, hence driving up price. While on the flip side, the easier people can get isk in game, the less likely they are to pay real money for PLEX, so supply drops, which again, drives up price.
The person you are calling "mental" has it right - reducing the amount of isk people have makes them more inclined to pay their subscription with real money, as they have less spare isk (hence reducing demand for PLEXx), or more likely to buy PLEX with real money to give their wallet a boost (hence increasing supply in the market), both of which would drive down the cost of PLEX.
Confirming that being right is the new "mental".
Ignorance is Strength !
S.O.L. GANKING4GOOD
Abolish Rookiecorps.
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Nat Silverguard
Aideron Robotics
133
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Posted - 2015.05.12 11:15:57 -
[90] - Quote
Memphis Baas wrote:CCP could also stop the Plex for Good (reduce demand for PLEX) and give a 50% discount (PLEX for $10) and I believe you'll see the ISK/PLEX ratio drop drastically overnight. Of course, you'd be an ass to ask for these things, considering that the first helps victims and the second keeps CCP afloat.
i really hope and paray that where ever you are that you won't have any natural disaster that would move CCP and players alike to conduct and be involved in "Plex for Good".
Just Add Water
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Azn
Federal Navy Academy Gallente Federation
20
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Posted - 2015.05.12 11:39:16 -
[91] - Quote
Nat Silverguard wrote:
i really hope and paray
Parays Jeehsus? |
April Cross
The Scope Gallente Federation
0
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Posted - 2015.05.12 15:02:19 -
[92] - Quote
So a couple hours of incursions is too much for a plex?
Give me a break.
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Spurty
Dimension Door We need wards.
1454
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Posted - 2015.05.12 15:43:47 -
[93] - Quote
A PLEX isn't a way for you to play for free.
It's a way for people that have less free time than you to pay more $$$s [i.e. cover your subs] so that they can keep up with you, while not removing you from the game.
Any other explanation is a good distraction from this reality. If other explanations help you stay in the game, you should ignore you read this post and go with that one.
There are good ships
And wood ships
And ships that sail the sea
But the best ships are
Spaceships
Built by CCP
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Commander Spurty
Dimension Door We need wards.
1455
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Posted - 2015.05.12 15:43:47 -
[94] - Quote
A PLEX isn't a way for you to play for free.
It's a way for people that have less free time than you to pay more $$$s [i.e. cover your subs] so that they can keep up with you, while not removing you from the game.
Any other explanation is a good distraction from this reality. If other explanations help you stay in the game, you should ignore you read this post and go with that one.
There are good ships
And wood ships
And ships that sail the sea
But the best ships are
Spaceships
Built by CCP
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Teckos Pech
The Executives Executive Outcomes
2905
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Posted - 2015.05.12 16:59:28 -
[95] - Quote
April Cross wrote:So a couple hours of incursions is too much for a plex?
Give me a break.
Depends....
Do you like running incursions? If not, then maybe the answer is no.
What is your hourly wage (if salary use an imputed hourly wage), if it is more than $10/hour, then the answer is no.
If both are no (you do not like running incursions and your hourly income is greater than $10) then buying a PLEX instead is indeed a good decision.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
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Teckos Pech
The Executives Executive Outcomes
2905
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Posted - 2015.05.12 17:03:32 -
[96] - Quote
Commander Spurty wrote:A PLEX isn't a way for you to play for free. It's a way for people that have less free time than you to pay more $$$s [i.e. cover your subs] so that they can keep up with you, while not removing you from the game. Any other explanation is a good distraction from this reality. If other explanations help you stay in the game, you should ignore you read this post and go with that one.
Exactly. It is a form of mutually beneficial trade.
Player A is time constrained, but not income constrained (well not overly so).
Player B is income constrained, but has considerably more free time.
The PLEX market allows A and B to engage in a mutually beneficial trade. A buys a PLEX and then sells it to B in game for ISK. A gets the ISK he desires, but doesn't have the time to grind for, and A gets to extend his game time (which he may not be able to afford IRL) for a small portion of the ISK he has saved up. Both "win".
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
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Jenn aSide
Smokin Aces.
10964
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Posted - 2015.05.12 17:07:32 -
[97] - Quote
Ima Wreckyou wrote:They took our jobs!
Da Derk ur DERBS!
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Solecist Project
Shitt Outta Luck - GANKING4GOOD
24154
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Posted - 2015.05.12 17:25:14 -
[98] - Quote
April Cross wrote:So a couple hours of incursions is too much for a plex?
Give me a break.
I have a job IRL. No need to have a job ingame as well. It doesn't matter if it's only an hour, or a couple.
I have a job. I have money. I'm not greedy. I don't waste money on crap. I care about more than just myself. EVE is a hobby well worth spending money on.
S.O.L. GANKING4GOOD
Abolish Rookiecorps.
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Tippia
Sunshine and Lollipops
25139
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Posted - 2015.05.12 17:25:56 -
[99] - Quote
Teckos Pech wrote:TippiaGÇÖs comment. Yes PLEX, in theory, can impact the value of ISK. If CCP sold a bunch of PLEX on the in game market it could take the ISK it gets and either GÇ£sequesterGÇ¥ it or even destroy it. The problem is that creating a PLEX simply to sell on the in game market in this fashion does not result in money for CCP. They could use any PLEX they obtained from a seized account which was presumably paid for at some point, but that is probably not that large a quantity of PLEX. I supposeGǪCCP could create new PLEX that is equal to PLEX that are destroyed in game as well. They did get money for those. They already do that re-seeding of seized PLEX thing. And no, it's a staggeringly large quantity of PLEX.
I can't remember off the top of my head which fanfest it was ('12, perhaps?), but there was an economy presentation where the number of PLEX they had seized was divulged and where they talked about what mechanics they had in place for moderating the PLEX market. Granted, the pile was staggeringly huge at the time, and they've used that strategy a couple of times since, but on the other hand I can't really imagine that rate at which they seize PLEX has slowed down all that much.
GÇ£If you're not willing to fight for what you have in GëívGëí you don't deserve it, and you will lose it.GÇ¥
Get a good start: Newbie skillplan 2.2.
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Cipher Jones
The Thomas Edwards Taco Tuesday All Stars
1233
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Posted - 2015.05.12 17:26:57 -
[100] - Quote
Decrease the income for activities people are already doing and they'll leave. I keep saying this and people keep leaving. And calling me names like troll for saying it.
Eve has an amazing power to allow people to rationalize the most incredible bullshit I have ever heard.
Accounts may not be used for business purposes. Access to the System and playing EVE is intended for your personal entertainment, enjoyment and recreation, and not for corporate, business, commercial or income-seeking activities.-á
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Teckos Pech
The Executives Executive Outcomes
2909
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Posted - 2015.05.12 17:32:48 -
[101] - Quote
Tippia wrote:Teckos Pech wrote:TippiaGÇÖs comment. Yes PLEX, in theory, can impact the value of ISK. If CCP sold a bunch of PLEX on the in game market it could take the ISK it gets and either GÇ£sequesterGÇ¥ it or even destroy it. The problem is that creating a PLEX simply to sell on the in game market in this fashion does not result in money for CCP. They could use any PLEX they obtained from a seized account which was presumably paid for at some point, but that is probably not that large a quantity of PLEX. I supposeGǪCCP could create new PLEX that is equal to PLEX that are destroyed in game as well. They did get money for those. They already do that re-seeding of seized PLEX thing. And no, it's a staggeringly large quantity of PLEX. I can't remember off the top of my head which fanfest it was ('12, perhaps?), but there was an economy presentation where the number of PLEX they had seized was divulged and where they talked about what mechanics they had in place for moderating the PLEX market. Granted, the pile was staggeringly huge at the time, and they've used that strategy a couple of times since, but on the other hand I can't really imagine that rate at which they seize PLEX has slowed down all that much.
Ahh, well that is good then...having a large pile of seized PLEX. It does give CCP a way to combat inflation/ISK entering the economy and one that is not very obvious. For some reasons central bankers love doing things on the quiet.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
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