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Teckos Pech
Amok. Goonswarm Federation
6253
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Posted - 2017.03.22 06:02:53 -
[211] - Quote
commander aze wrote:Or... just a thought we elect people with high moral character via elecrions from the popular vote
Hahahahahahaha....
Sure. That will work.
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek
8 Golden Rules for EVE Online
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Nate Hill
Rocket No. 9
56
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Posted - 2017.03.22 07:34:07 -
[212] - Quote
Neuntausend wrote:Nate Hill wrote:It does matter. Feedback without highsec PVE is leading EVE to death. No interesting highsec PVE contents can attract new players now.
Then Highsec dwellers should get off their bloody asses and vote! How hard can it be to outnumber a couple thousand nullsec voters? Just like independent will never win. Alliances are like major parties.
It's hard to win for an unorganized community .
At least I voted after I searched HIGH, carebear, industry, mission and PVE. as key words. |
Frostys Virpio
KarmaFleet Goonswarm Federation
3249
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Posted - 2017.03.22 13:06:47 -
[213] - Quote
Bjorn Tyrson wrote:Except that it won't ever play out that way. Even if the playerbase was 10 times what it is now. All it would mean is even larger fleet battles and even more lag. Because that is what the players have done. CCP has given us the tools to have large fights and they have given us the tools to have small ones. And especially recently they have been trying to tweek the game in ways that encourages the latter over the former without going so far as completely preventing the massive fleet battles (somehow) And yet, players still blob, the lag fest battles still happen, and solo and small gang roaming is ever on the decline. Because there is strength in numbers and players know that and don't like to loose.
The decline if small gang pvp and blob warfare is something we have done to ourselves.
"We" did it to ourself because the game make it more efficient to do so. Losing sting in this game or at least it's supposed to so player, like normal human being, look for way to minimize their losses. Turns out, in a MMO where you can always bring more allies to a single battle, bringing those allies to that fight has become somewhat standard. The loop keep feeding itself until people lose interest. |
v3locity
Spatial Distortion Inc
26
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Posted - 2017.03.22 13:54:01 -
[214] - Quote
Issler Dainze wrote: The players could change the nature of the CSM if they cared enough, but in the end they don't. In fact the number of Eve pod pilots that care enough to get involved in trying to bring about real changes to Eve fundamentals is small. That fact is sometimes hard to remember when posting a masterpiece of logical argument here in the forums. The few folks that are willing to commit the effort are pretty easy to spot in the game and generally well known.
Agree with the OP, CSM is useless.
Players could affect change, but why bother when you can simply go play another game. |
Joey Bags
School of Applied Knowledge Caldari State
49
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Posted - 2017.03.22 13:55:17 -
[215] - Quote
I see the PLEX price rise more due to carrier ratting and the Rorq being bashed with the latest nerf. If there was any effect of CSM leaking info, to my mind should have driven PLEX prices down, not up, as insider info should have suggested to dump your PLEX instead of buy. You are introducing more PLEX into the game, supply and demand, price should go down.As far as monkeying with people who buy PLEX for real money the get more bang for the buck with PLEX/ISK ratio being higher so why would the complain. My 2 ISK at any rate.
You can pick your friends and you can pick your nose but you can't pick your friends nose.
Unless you podded them...and collected their corpse.
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Gleb Koskov
Hedion University Amarr Empire
16
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Posted - 2017.03.22 17:01:32 -
[216] - Quote
I'm currently at 200 aurum, and they are going to take it away? but why not spend a couple of dollars to get it above 1k; problem solved? |
Veine Miromme
Center for Advanced Studies Gallente Federation
78
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Posted - 2017.03.22 17:16:58 -
[217] - Quote
Gleb Koskov wrote:I'm currently at 200 aurum, and they are going to take it away? but why not spend a couple of dollars to get it above 1k; problem solved? You can buy 2 pairs of boots or a shirt for it (at 100 AUR each). Extractors are around 4,500 AUR for I don't remember how many.
You can also verify if you have AUR on accounts which were activated in the past but which now are inactive and with Alpha clones only. (I don't think that was possible before.)
Ship Type : Out of pod (for now)
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KaarBaak
Squirrel Team
427
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Posted - 2017.03.22 19:45:23 -
[218] - Quote
Teckos Pech wrote:Professor Push wrote: GÇ£People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.GÇ¥
GÇò Adam Smith, The Wealth of Nations Execellent, bringing up Adam Smith, but..... Who loses on this? People buying PLEX for RL money and selling them for ISK? No. People who are holding PLEX? No. People who have lots and lots of ISK and are looking to buy a PLEX to extend their account? Yes. So you are butthurt over rich, long term players with a large pile of ISK. Wow....people upset over the mega rich in game. WITF?
You missed a very important group. Some might say the KEY group: People selling ISK/PLEX for RL money. aka RMTers.
It's not like that has ever been a problem before, right? And certainly not involving the CSM.
Dum Spiro Spero
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Chainsaw Plankton
FaDoyToy
2683
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Posted - 2017.03.22 19:50:11 -
[219] - Quote
Gleb Koskov wrote:I'm currently at 200 aurum, and they are going to take it away? but why not spend a couple of dollars to get it above 1k; problem solved? it will eventually get back to you in the form of miniplex as per the more recent devblog.
selling officer BCUs! https://forums.eveonline.com/default.aspx?g=posts&m=6872141
@ChainsawPlankto on twitter
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Sitting Bull Lakota
SBL Co
275
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Posted - 2017.03.23 10:01:55 -
[220] - Quote
Girka Kring wrote:Can we get rid of CSM? Their only role is to leak info for big entities/their friends. Casual players don't care and don't even vote for CSM. Players in big alliances are forced to vote for specific candidates. Overall CSM is giving advantage to 1% of player base, at the expense of reminding 99%. Now this is funny. Even assuming you are exactly right and the CSM membership was guilty of insider trading, you must at least admit that this is essentially monopoly money they're playing, right? The price of PLEX spikes: people who purchase it from CCP or vendor get more bang for their buck. Some player reps make a killing off of specualtion in a video game. Huge scandal. Give me a break.
I don't know how you lasted this long with your "We are the 99%" nonsense. This game is basically 1880's capitalism, and some of us like it that way.
As for your solution of asking CCP for permanent bans on the offenders, what happened to doing things the Guiding Hand Social Club way? You know who they are; go make it happen. |
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Teckos Pech
Amok. Goonswarm Federation
6281
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Posted - 2017.03.23 16:38:20 -
[221] - Quote
KaarBaak wrote:You missed a very important group. Some might say the KEY group: People selling ISK/PLEX for RL money. aka RMTers. It's not like that has ever been a problem before, right? And certainly not involving the CSM.
Oh, so you are butt hurt because of players deliberately violating the EULA....that a price increase in PLEX makes that slightly more appealing.
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek
8 Golden Rules for EVE Online
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Girka Kring
Republic University Minmatar Republic
101
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Posted - 2017.03.29 14:09:43 -
[222] - Quote
Just a reminder for all those believing that it was a normal market fluctuation:
PLEX price is currently at 1,219 bil ISK and still rising every day, every hour... Pretty weird given that all the AUR will be converted into PLEX in the future. Guess all the involved ppl are cashing out right now.
Please tell me again how it wasn't an intentional manipulation. |
Steve Ronuken
Fuzzwork Enterprises Vote Steve Ronuken for CSM
6583
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Posted - 2017.03.29 14:11:41 -
[223] - Quote
Girka Kring wrote:Just a reminder for all those believing that it was a normal market fluctuation:
PLEX price is currently at 1,219 bil ISK and still rising every day, every hour... Pretty weird given that all the AUR will be converted into PLEX in the future. Guess all the involved ppl are cashing out right now.
Please tell me again how it wasn't an intentional manipulation.
Uh, you know that cashing out involves increasing the supply, right? Which leads to a drop in prices.
Woo! CSM XI!
Fuzzwork Enterprises
Twitter: @fuzzysteve on Twitter
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Nicolai Serkanner
Brave Newbies Inc. Brave Collective
642
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Posted - 2017.03.29 15:13:50 -
[224] - Quote
Girka Kring wrote: Pretty weird given that all the AUR will be converted into PLEX in the future. Guess all the involved ppl are cashing out right now.
... hahaha |
Zarek Kree
Lunatic Legion Holdings
84
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Posted - 2017.03.29 20:11:38 -
[225] - Quote
What you have is an economic conspiracy theory that isn't rooted in any kind of actual economic theory (except for possibly some weird behavioral economics). Had there been a massive sell-off, you might have convinced me, but massive BUYING? Yeah, no.
Somebody please connect the dots and explain to me how insider trading led to an INCREASE in plex prices when all indications point to MORE plex entering the market based on this decision, because the economic logic escapes me. |
Salvos Rhoska
2626
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Posted - 2017.03.29 20:23:28 -
[226] - Quote
Zarek Kree wrote:Somebody please connect the dots and explain to me how insider trading led to an INCREASE in plex prices when all indications point to MORE plex entering the market based on this decision, because the economic logic escapes me.
Pending division of PLEX into 500 units, its a good time to buy them up now, before the change.
Afterwards its far easier to trade PLEX as x/500 units, rather than in 500 unit blocks as equivalent to now.
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xXdongbenderXx
State War Academy Caldari State
0
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Posted - 2017.03.29 20:29:53 -
[227] - Quote
Is now a good time to buy plex in its current form i'm looking to sell to the market in order to get started.... |
Salvos Rhoska
2627
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Posted - 2017.03.29 20:31:20 -
[228] - Quote
xXdongbenderXx wrote:Is now a good time to buy plex in its current form i'm looking to sell to the market in order to get started....
With isk? Buy now as fast as you can. With cash, wait.
Its only going to go up.
I estimate 1.5-1.8 by the autumn. Maybe even 2bil.
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Zarek Kree
Lunatic Legion Holdings
84
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Posted - 2017.03.29 20:47:23 -
[229] - Quote
Salvos Rhoska wrote:Zarek Kree wrote:Somebody please connect the dots and explain to me how insider trading led to an INCREASE in plex prices when all indications point to MORE plex entering the market based on this decision, because the economic logic escapes me. Pending division of PLEX into 500 units, its a good time to buy them up now, before the change. Afterwards its far easier to trade PLEX as x/500 units, rather than in 500 unit blocks as equivalent to now.
What you're describing makes absolutely no economic sense because 1 PLEX today will be exactly the same as those 500 PLEX following the change. In fact, it will be worth LESS because of the additional PLEX getting dumped into the market from the aurum conversions.
However, I mentioned behavioral economics as a possible explanation because it describes non-rational economic decision-making. Your theory isn't true in any kind of classical economic sense, but the fact that you THINK it's true can drive you to buy PLEX despite that being completely irrational.
But still, the smart money dumps it - and insider trading is always built around smart money plays. So if anybody DID have advance notice of the announcement, they got burned because they dumped their ISK. They certainly didn't buy more of it. |
Zarek Kree
Lunatic Legion Holdings
84
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Posted - 2017.03.29 20:50:17 -
[230] - Quote
Salvos Rhoska wrote:xXdongbenderXx wrote:Is now a good time to buy plex in its current form i'm looking to sell to the market in order to get started.... With isk? Buy now as fast as you can. With cash, wait. Its only going to go up. I estimate 1.5-1.8 by the autumn. Maybe even 2bil.
Please tell me you're trolling. Given some of the ridiculous things said in this thread so far, it's really hard to tell. |
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Teckos Pech
Amok. Goonswarm Federation
6282
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Posted - 2017.03.30 00:31:29 -
[231] - Quote
Zarek Kree wrote:Salvos Rhoska wrote:Zarek Kree wrote:Somebody please connect the dots and explain to me how insider trading led to an INCREASE in plex prices when all indications point to MORE plex entering the market based on this decision, because the economic logic escapes me. Pending division of PLEX into 500 units, its a good time to buy them up now, before the change. Afterwards its far easier to trade PLEX as x/500 units, rather than in 500 unit blocks as equivalent to now. What you're describing makes absolutely no economic sense because 1 PLEX today will be exactly the same as those 500 PLEX following the change. In fact, it will be worth LESS because of the additional PLEX getting dumped into the market from the aurum conversions. This is exactly like a stock split and economic advisers and investment bankers will tell you that it makes no difference whether you buy before or after a split. Now if CCP was allowing shorter subscriptions or training time buys, then those smaller chunks might see higher demand - but they're not, so demand should be fairly constant. Only the trade volumes change - not the stock value. However, I mentioned behavioral economics as a possible explanation because it describes non-rational economic decision-making. Your theory isn't true in any kind of classical economic sense, but the fact that you THINK it's true can drive you to buy PLEX despite that being completely irrational. But still, the smart money dumps it - and insider trading is always built around smart money plays. So if anybody DID have advance notice of the announcement, they got burned because they dumped their ISK. They certainly didn't buy more of it.
The train of thought might be as follows:
Because they are dumping Aurum as a form of currency and allowing PLEX to be sub-divided and for these sub-divided PLEX to take the place of Aurum there will be increase demand for the new sub-divided PLEX.
You are also correct that since Aurum balances will be converted over to PLEX it will increase the supply of PLEX as well.
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek
8 Golden Rules for EVE Online
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Frostys Virpio
KarmaFleet Goonswarm Federation
3273
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Posted - 2017.03.30 13:19:58 -
[232] - Quote
Salvos Rhoska wrote:xXdongbenderXx wrote:Is now a good time to buy plex in its current form i'm looking to sell to the market in order to get started.... With isk? Buy now as fast as you can. With cash, wait. Its only going to go up. I estimate 1.5-1.8 by the autumn. Maybe even 2bil.
Why would you wait to buy with cash? There is no need to wait. Just don't offload them on the market until you think the rise is over... |
Salvos Rhoska
2637
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Posted - 2017.03.30 13:27:28 -
[233] - Quote
Frostys Virpio wrote:Salvos Rhoska wrote:xXdongbenderXx wrote:Is now a good time to buy plex in its current form i'm looking to sell to the market in order to get started.... With isk? Buy now as fast as you can. With cash, wait. Its only going to go up. I estimate 1.5-1.8 by the autumn. Maybe even 2bil. Why would you wait to buy with cash? There is no need to wait. Just don't offload them on the market until you think the rise is over...
Pffft...
PLEX cash price isnt going to change. No point in tying up your liquidity in a games virtual asset until you intend to sell them.
PLEX sitting in your soon to be vault earns/gains you nothing till you sell it.
Go out and have a nice dinner, buy your mother a gift, buy cheap stock with your spare cash. Whether you buy PLEX with cash today, last year, or next year, is arbitrary.
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Nicola Romanoff
Interstellar Nuclear Penguins Penguin Mafia.
42
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Posted - 2017.03.30 14:35:10 -
[234] - Quote
I thought they altered that and were now going to wait several months after the 1000+ aur balances are converted to then convert the ones below 1000 to whatever they would be under the new microplex, somno one will be getting any aur wiped out. |
Salvos Rhoska
2638
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Posted - 2017.03.30 14:39:36 -
[235] - Quote
Nicola Romanoff wrote:I thought they altered that and were now going to wait several months after the 1000+ aur balances are converted to then convert the ones below 1000 to whatever they would be under the new microplex, somno one will be getting any aur wiped out.
If you have less than 1000 AUR, you will lose it all. No PLEX conversion. No AUR conversion, beyond or after.
If you have less than 1000 AUR, it will be deleted. Period.
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Zarek Kree
Lunatic Legion Holdings
97
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Posted - 2017.03.30 14:46:11 -
[236] - Quote
Teckos Pech wrote:Because they are dumping Aurum as a form of currency and allowing PLEX to be sub-divided and for these sub-divided PLEX to take the place of Aurum there will be increase demand for the new sub-divided PLEX.
That's a legit point. The demand for Aurum will be shifted to PLEX, which will put some upward pressure on the price over the long term. However, I'd argue that such pressure will be entirely offset by the introduction of the PLEX Vault which should almost entirely eliminate PLEX losses through ganking because it eliminates the need to manually move PLEX in-game. So the supply is also increased over the long term because PLEX will no longer be getting blown up and wasted. |
Salvos Rhoska
2639
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Posted - 2017.03.30 14:49:39 -
[237] - Quote
Zarek Kree wrote: However, I'd argue that such pressure will be entirely offset by the introduction of the PLEX Vault which should almost entirely eliminate PLEX losses through ganking because it eliminates the need to manually move PLEX in-game.
There is no need, whatsoever, to manually move PLEX in-game.
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Zarek Kree
Lunatic Legion Holdings
97
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Posted - 2017.03.30 15:11:03 -
[238] - Quote
Salvos Rhoska wrote:Zarek Kree wrote: However, I'd argue that such pressure will be entirely offset by the introduction of the PLEX Vault which should almost entirely eliminate PLEX losses through ganking because it eliminates the need to manually move PLEX in-game. There is no need, whatsoever, to manually move PLEX in-game.
That's not entirely true. There's no need to move it If people are buying and selling it for their personal use. But if you're buying and selling it speculatively, then you have to manually move it from low value stations to high value stations. It's no different than any other commodity in that regard. PLEX traders have no choice but to load it onto a ship and move it. That's why people do it and why it's so frequently blown up in space.
But, the PLEX Vault will eliminate that because all PLEX will reside there and will be accessible from any station. So even high volume speculative PLEX traders will be able to take it from one market to another without risk. Then there TRULY won't be any reason whatsoever to manually move PLEX in-game.
PLEX currently gets blown up everyday, thus reducing the supply and putting upward pressure on the price. The PLEX Vault reverses that pressure. |
Nicolai Serkanner
Brave Newbies Inc. Brave Collective
645
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Posted - 2017.03.30 17:15:13 -
[239] - Quote
Salvos Rhoska wrote:Frostys Virpio wrote:Salvos Rhoska wrote:xXdongbenderXx wrote:Is now a good time to buy plex in its current form i'm looking to sell to the market in order to get started.... With isk? Buy now as fast as you can. With cash, wait. Its only going to go up. I estimate 1.5-1.8 by the autumn. Maybe even 2bil. Why would you wait to buy with cash? There is no need to wait. Just don't offload them on the market until you think the rise is over... Pffft... PLEX cash price isnt going to change. No point in tying up your liquidity in a games virtual asset until you intend to sell them. PLEX sitting in your soon to be vault earns/gains you nothing till you sell it, and then too only as space currency. Go out and have a nice dinner, buy your mother a gift, buy cheap stock with your spare cash. Whether you buy PLEX with cash today, last year, or next year, is arbitrary.
It just did... there is a discount the next few days.
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Cade Windstalker
1188
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Posted - 2017.03.30 17:28:04 -
[240] - Quote
Girka Kring wrote:Just a reminder for all those believing that it was a normal market fluctuation:
PLEX price is currently at 1,219 bil ISK and still rising every day, every hour... Pretty weird given that all the AUR will be converted into PLEX in the future. Guess all the involved ppl are cashing out right now.
Please tell me again how it wasn't an intentional manipulation.
OP this makes literally zero sense in addition to being factually inaccurate... PLEX has been going up and down since the patch landed, and it *still* isn't back up to Pre-Citadel levels.
Oh, and people "cashing out" tends to drop the price of something, and is not generally associated with a rise in the price of an item, it's generally done when the price has peaked or is dropping. There is literally zero evidence of *anyone* "cashing out" here. If anything volume is slightly down this week, not up.
What are you even on about??? |
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