Also, can we get the difference between GÇ£lessGÇ¥ and GÇ£fewerGÇ¥ right, please?

Also, can we get the difference between GÇ£lessGÇ¥ and GÇ£fewerGÇ¥ right, please?

A thumbs down button would solve so many of your issues. Figure that one out.

Also ingame.

CCP doesn't control the price ingame. A price reduction ingame would be a side effect of what Malcanis is proposing.

Cry more. Countable and uncountable words is not rocket surgery.

They were floating around a billion just before the ISBox policy changes too.

Many threads were made.

Then they died.

That's the problem right there, in my opinion.

Remember when a million was huge? I do.

I was over the moon when my wallet hit 100m. And I earned it. I didn't buy it from CCP.

Then came PLEX. CCP's answer to attracting all those millennials coming of age into the game. Now a billion is nothing. I feel barely adequate with my current worth of around 140b.

What a failed experiment PLEX turned out to be for actual gamers. Great for CCP, though, so it's here to stay. Unfortunately.

Mr Epeen

At the end of the day, I think CCP are going to be confronted with the necessity of lowering their price point. It may seem counter-intuitive, but they're better off with 15 customers paying $10 each than they are with 10 customers paying $15 each. And not just a bit better - a lot better off.

At the end of the day, I think CCP are going to be confronted with the necessity of lowering their price point. It may seem counter-intuitive, but they're better off with 15 customers paying $10 each than they are with 10 customers paying $15 each. And not just a bit better - a lot better off.

I'm sure all of us are space rich but

TL;DR too much salt i am sure.. but my response to these is the same..

So?

You can make 1b isk in about 4 hours in a c4 wormhole. If you and another friend run it you can make more.

It really is not hat hard to make 1b isk.

Also keep in mind the bulk of the playerbase is in their 30's here. Some 60% I think it was. 10-15% in their 40's. ~25% in their 20's. A large percentage of players according to CCP are into tech, computer related, IT jobs. Why does it matter when school starts? So wrong on so many things, Dan.

Actually it does. It is a type of capital gains tax. But still, EVE is not "real" world. So them applying a tax is plausible and would potentially help lower PLEX costs.

1 bill plex prices aren't the problem. It's how fast the prices rose to that amount that is raising alarms of a Plex Inflation. At this rate the plex prices are gonna hit the 2 bill mark by the end of this year.

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 I need to buy, say, 10 billion ISK via PLEX. As the ISK value of the PLEX increases, the price, in Real Money, of 10 billion ISK decreases. Normally one would expect this to increase the demand for PLEX. As the Real Money 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 supply of 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.

1 bill plex prices aren't the problem. It's how fast the prices rose to that amount that is raising alarms of a Plex Inflation. At this rate the plex prices are gonna hit the 2 bill mark by the end of this year.

Also, not everyone has a non-interrupted access to a darn C4 WH.

irregardless

Your definition of a Giffen good is wrong. With a Giffen good, when prices go up, consumers buy even more, which is unintuitive, hence it's also called Giffen paradox. This has nothing to do with supply of the good in question. Supply in the case of a Giffen good behaves according to the standard model of supply-demand.

A good example of the Giffen effect I found on the internet:

A person has a daily budget of 3Gé¼ for lunch. He/She buys a piece of bread for 1Gé¼ and meat for 2Gé¼.
Now the price of bread goes up to 1.50Gé¼. The person is still at his/her 3Gé¼ budget and therefore rather buys 2 pieces of bread and no meat.

The bread is the Giffen good. Normally the price hike should have brought lower demand. But since bread is food and therefore an essential product, we can not skip it. We could replace it with something else that is food, but the meat is too expensive. So within our budget we buy more bread despite the price increase.

I can't comment on the PLEX since I can't get enough data (I'm on a break from eve for more than a year now). I just couldn't let people with a wrong impression of what a Giffen good is.