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Wyrminaard
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Posted - 2004.02.19 23:56:00 -
[181]
I do agree that the ISK they recieve from Euros and dollars should be the same at the moment they change the paying system. After that if one currency changes it should not effect what you charge for in the other.
By having their players pay in two currencies they cut their currency risk in half and given that the dollar just keeps going down it makes very good sense from a risk management viewpoint.
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Celt Eireson
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Posted - 2004.02.20 00:34:00 -
[182]
Few points, most already pointed out but I thought I would reinforce them:
Pretty much every other online game on the market is US based, hence in dollars, hence currency fluctuations don't effect the dollar price per month. The US dollar has gone down since the originally started billing the game, and looks like it will further. CCP aren't the only European company (online or not) to have been hit by the weakness of the dollar, and they aren't the only company who have problems selling to the states because of this.
No idea why they changed european clients over to euros, maybe they had to in order to comply with regulations? Would be nice to know, but somehow I can't see them doing it for now reason.
If the increase is a problem, why not just pay 3 or 6 monthly? It hasn't changed, and whilst one reason is probably to stabilise income over shorter periods, its also a cheaper for them to process/administer and hence they are more likely to be able to afford to not increase it.
And re the VAT - the only people who get to see that are the Euro beurocracy, whatever percentage CCP are tagging onto the price for European customers CCP will not see a penny of it. As people have pointed out, whilst they are a lil late in applying it they don't have a choice in the matter.
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Jake Pliskin
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Posted - 2004.02.20 03:31:00 -
[183]
Edited by: Jake Pliskin on 20/02/2004 03:36:53
Edited by: Jake Pliskin on 20/02/2004 03:33:16
let's do maths
i'm in the uk
Subscription Type: 6 Months, $65.70
notice how i've been paying in dollars so far
when my sub next needs to be renewed, i'll be paying in Euro
this is what i calculated using current exchange rates
transfering dollar and euro to uk pound
what i pay now: ú34.60 for a 6 month sub
next time i will pay: ú44.11 for a 6 month sub
an increase of: ú9.51 or $18.05 United States Dollars
i'm in the uk, and i resent greatly being forced to pay in the Euro currency (which will never arrive in the Uk, if anyone has any sense)
edited: making sure to get those dollar and pound symbols in the right place |
Dawson
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Posted - 2004.02.20 06:55:00 -
[184]
ú44.11 isnt really a lot though if your asking me, reasonable price. The way I see it, if i go out one day in the week Iam gonna spend around ú40. Now if I stay in a few days extra and play eve instead it means iam gonna be saving money.
Although looking at your calculations ú9.51 increase that is robbery when looking at the ú to Larger ratio  I could get 3-4 drinks out of that.
Ambassador
Admiral of the Blue
Join BSC |
Judicator
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Posted - 2004.02.20 10:19:00 -
[185]
As the other thread where I posted thsi got locked I will repost here.
Begin:
I made a post in the dev blog yesterday adressed to Hellmar and I actually got an answer. The reason for the switch to EURO is that the exchange rate is what covers the VAT.
I redid the calculation and found that with the current exchange rate I am paying a fraction above 25% VAT, Danish VAT is 25%. This will obviously change depending on how strong the DKR is against the Euro, but since Denmark has an "exchange rate fixing" towards the EURO I do not see any chance I'll ever get below 25% or high above 25%.
It your national currency is stronger than the EURO your VAT is lower than mine, if not it can be higher.
For me Hellmars answer revealed the logic in it, I was just starring myself blind on the % I was paying more. They are covering the VAT via the exchange rate, that in itself is clever enough and a tad risky due to currency fluctuations.
I could illustrate this more. Say we still payed in USD. A non-european will be paying 14.95 USD since he does not have to pay VAT. Europeans will pay 14.95 USD + their VAT. According to the Directive residents are paying VAT according to their national VAT. If I use myself as an example I would be paying 14.95 * 1.25 = 18.68 USD. 14.95 EURO is approx. 19 USD so it evens out almost. Some will loose out a bit, others will win some, but overall it's actually a pretty neat way of doing it if you ask me.
So despite not liking this change I can't really hold it against CCP. The EU gets my hate and anger now.
End:
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Daxit
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Posted - 2004.02.20 10:22:00 -
[186]
IF you paid in USD as a European...
$14.95 * 1.25 (max VAT tax it sounds like) = $18.6875
Currently (from http://www.xe.com/ucc/)
1.00 USD = 0.790505 EUR
1 USD = 0.790505 EUR 1 EUR = 1.26501 USD
18.6875 USD * 0.790505 E/USD = E 14.7725621875
What CCP said they did was wrap the VAT tax into the listed Euro price. Granted, they are still a bit high (as mentioned before, around 27-28% "tax"), and I think it's a bit unfair to those Euro countries that are less than 25% VAT.
There are really only a select few reasons for a Euro to complain:
1) They live in a country where the VAT rate is less than 25%
2) They do not think that value of the game is worth E 14.95
The overall added cost to a European is 2 USD + VAT. The overall added cost to a American is 2 USD. The 1.26:1 E:USD negates the 1.25 VAT multiplier...which is why the Euro price SHOULD be just barely under the US price (E 14.77 v. USD 14.95)
The only major question I have though, and it was mentioned previously as well I believe, If this Directive has been in effect since July 1, 2003... Why is CCP only *now* abiding by the Directive? 
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Astrid Tron
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Posted - 2004.02.20 10:37:00 -
[187]
They probably have been paying that tax all along - from the sub-fees we paid. Now this is putting a strain on their economy, and they need to get the money from somewhere, in this case raising the fees.
Actually, everyone should be happy for the time CCP paid the EU-bill, instead of complaining that they now, forced by laws, have to raise the fees.
As I am not entirely an expert in EU law, it may be the case that the law was passed in mid-2003, and take effect now in Feb 2004. But I believe that the above is the right explanation.
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When you have to kill a man, it takes nothing to be polite |
Roba
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Posted - 2004.02.20 11:16:00 -
[188]
Wooo! yah go USD!
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Phyo
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Posted - 2004.02.20 17:00:00 -
[189]
Edited by: Phyo on 20/02/2004 17:09:00
 Quote:
(change from $ to Ç and 2 extra Ç).
Indeed, and what is the 2 extra Ç for ?
US customers have to pay 2 dollars more, cause the dollar declined. Very logical.
Explain to me why europeans have to pay up for the same issue.
And before you start again.. Hellmar said in the devblog : The change from $ to Ç covers for the VAT.
Still miss the explanation on the 2Ç price raise.
I planned to play this game for years to come, but I like fairness, if CCP like to tell lies, then eve is history for me.
Is 2Ç too much for me, no.. no problem at all.
Is a lie too much for me.. oh yes.
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Queen Hawk
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Posted - 2004.02.21 10:45:00 -
[190]
Too Bad It has come to this, I liquadated 2 of my accounts and set them to suspend.
Lol, Us poor Canadians, that is 4 dollar increase, and with the way the game has been going stale the price hike was enough to tip the scales.
I hope they do not loose too many accounts because of this, It will kill the point of the price hike, and the Idea of attracting new customers to fill the ranks will be that much slower now.
Oh well, I am sure somone crunched all the numbers, and the price hike seemed like a good idea.
See you all when the prices drop or the the game content is fixed to be worth the $25 a month :)
Cheers |
Tar om
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Posted - 2004.02.21 11:26:00 -
[191]
There is only one answer to this:
BOMB BRUSSELS!!!
(but in a UN approved manner of course)
--
We are the Octavian Vanguard www.octavianvanguard.net
http://www.serenitymovie.com |
LukAsh
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Posted - 2004.02.21 11:47:00 -
[192]
Quote:
BOMB BRUSSELS!!!
(but in a UN approved manner of course)
Naah, let's just ask US to do it as a favour, they don't give s**t 'bout UN 
___
WTB: +5 Implants. |
nails
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Posted - 2004.02.21 12:17:00 -
[193]
I still spend more money on anime dvds a month. MMOG subscriptions are hella cheap. and the 6 month plan is a steal.
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http://ota-corps.otaku.jp -- Anime l33t level
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Dalmont Delantee
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Posted - 2004.02.21 18:14:00 -
[194]
I'll be paying no matter what, because the game is great...6 month subscription prices are great value anyhows.
Take comfort in knowing that its probably some pimply faced twit, or 40 year old virgin, who gleens everytime mommy offfers to take them to needle point lessons |
Ishiko
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Posted - 2004.02.21 18:54:00 -
[195]
Quote:
There is only one answer to this:
BOMB BRUSSELS!!!
(but in a UN approved manner of course)
Warn me first, so i can get out of the city
- "Whatever doesn't kill me 'd better get the hell out of my way-
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Zalman
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Posted - 2004.02.21 19:14:00 -
[196]
Account closed today.
Bye eve.
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