EVE Search - gtc prices seem to be on the rise

All Channels

Market Discussions

gtc prices seem to be on the rise

» Click here to find additional results for this topic using Google

Monitor this thread via RSS [?]

Pages: 1 [2] 3 4 :: one page
Author	Thread Statistics \| Show CCP posts - 0 post(s)
Darktec Caldari	Posted - 2008.09.13 21:29:00 - [31] Originally by: Treelox Originally by: Darktec Originally by: Shadarle Originally by: Darktec Either way, GTC prices are INSANE atm, 500 mill is more than the 90's were going for. I hope ccp does something soon, as they said in the sticky in the Timecode forum. Why exactly should CCP do something about it? Why are high prices bad? If you can't afford one then don't buy them, prices will then drop on them if enough people can't afford them. It's supply and demand. Either there is too much demand or too little supply, or both. Its because people will just go out and buy isk to buy the gtc, and yes, i know how stupid that is, but you can get isk cheaper than one month of eve, and if say you can buy a bill for 20$, spend half on a gtc, you get 60 days for 10 bucks. thus ccp loses money. It is the players problem, but its also CCP's May they all be ban'd from the game, that much sooner. Most of those sorts of people fail darwinistically on a regular basis and make up a huge base of the whiners, IMO. But heres the thing that hurts honest players... They come back, buy more isk to buy a toon / more time, and the circle starts anew.
Shadarle	Posted - 2008.09.13 21:37:00 - [32] Originally by: Darktec But heres the thing that hurts honest players... They come back, buy more isk to buy a toon / more time, and the circle starts anew. You seem to know quite a bit about how ISK buyers operate. Just to humor you for a second here. 1. How exactly do you think CCP should go about policing GTC prices and bringing them down to a level you find acceptable. 2. What is a price you find acceptable. 3. What if someone else thinks your price is still too high, should CCP use your price or someone elses? 4. How do you think ISK sellers decide to price their ISK?
Treelox Amarr Market Jihadist Revolutionary Party	Posted - 2008.09.13 22:03:00 - [33] Originally by: Darktec Originally by: Treelox May they all be ban'd from the game, that much sooner. Most of those sorts of people fail darwinistically on a regular basis and make up a huge base of the whiners, IMO. But heres the thing that hurts honest players... They come back, buy more isk to buy a toon / more time, and the circle starts anew. "Honest" players wouldnt be buying isk in the first place, your argument of a circle lacks.... --
Darktec Caldari	Posted - 2008.09.13 23:24:00 - [34] Edited by: Darktec on 13/09/2008 23:24:59 You seem to know quite a bit about how ISK buyers operate. Ive seen it many, many times in other games, in fact, i used to know a guy who ran one, exported wow to some unknown country , and made a good deal of money. And if you know how it works, its very difficult to stop, and "honest" players , are the ones that you see offering around 400-450 mill for one, because they know that they arent worth 500 mill, they are only worth 500 mill if you have billions, or 500 mill is easy to get i.e. macror's. I dont have any solutions to this, its up for the player base to not be manipulated by people selling gtc to their alts and people thinking its real players buying them.
Shadarle	Posted - 2008.09.14 01:22:00 - [35] Originally by: Darktec "honest" players , are the ones that you see offering around 400-450 mill for one, because they know that they arent worth 500 mill, they are only worth 500 mill if you have billions, or 500 mill is easy to get i.e. macror's. So if 500 mil is easy to get you're a macro'er? Originally by: Darktec I dont have any solutions to this, its up for the player base to not be manipulated by people selling gtc to their alts and people thinking its real players buying them. What are you even talking about? It sounds like you're saying people sell GTC's to their alts. Wouldn't they just give them to their alts? Or perhaps you mean people sell GTC's to other people's alt? I don't understand how this matters or is a bad thing either. Perhaps you could go back up and answer my questions from my previous post. Perhaps once you do so we can try to move forward instead of getting lost in this endless circle of you thinking everything in EVE should revolve around your personal budget.
Treelox Amarr Market Jihadist Revolutionary Party	Posted - 2008.09.14 01:24:00 - [36] Originally by: Darktec And if you know how it works, its very difficult to stop, and "honest" players , are the ones that you see offering around 400-450 mill for one, because they know that they arent worth 500 mill, they are only worth 500 mill if you have billions, or 500 mill is easy to get i.e. macror's. Now you see thats the funny thing, GTC's are "worth" exactly what people will pay for them. Not what you wish you could pay for them. A perfect example of a free market in action. --- It should also be noted that plenty of GTC's are going at 450m/ea these days, you just need to be quick and catch the deal. --
Darktec Caldari	Posted - 2008.09.14 02:27:00 - [37] Quote: What are you even talking about? It sounds like you're saying people sell GTC's to their alts. Wouldn't they just give them to their alts? When the first few started going for 500 mill, people were posing WTS, then SOLD and it was their alts that were "buying" to try and raise the price.
Shadarle	Posted - 2008.09.14 02:58:00 - [38] Originally by: Darktec Quote: What are you even talking about? It sounds like you're saying people sell GTC's to their alts. Wouldn't they just give them to their alts? When the first few started going for 500 mill, people were posing WTS, then SOLD and it was their alts that were "buying" to try and raise the price. Sounds pretty damn smart to me! Guess we have a lot of alts out there then, to sell so many at 500. I notice a lot of people who are very bad at playing the market tend to want CCP to step in and remove the competition from the market so they don't continue coming in last place.
Treelox Amarr Market Jihadist Revolutionary Party	Posted - 2008.09.14 03:05:00 - [39] Edited by: Treelox on 14/09/2008 03:05:09 Originally by: Shadarle I notice a lot of people who are very bad at playing the market tend to want CCP to step in and remove the competition from the market so they don't continue coming in last place. Nerf Capitalism!!!! :P --edit had to add the emoticon for ricdic..... --
Dranakolys Gallente Theurgy	Posted - 2008.09.14 08:02:00 - [40] Has anyone noticed any of the larger sellers disappearing? Its been a few months since I last bought a batch of GTCs so I can't tell. _______________ Amused to Death
Lord Fitz Project Amargosa	Posted - 2008.09.14 11:03:00 - [41] Originally by: Treelox Originally by: Darktec Either way, GTC prices are INSANE atm, 500 mill is more than the 90's were going for. I hope ccp does something soon, as they said in the sticky in the Timecode forum. LOL!!!!! Why should this be CCP's problem? The only price they set is the RL curreny price of the Game Card. The price of GTCs isn't CCP's problem, but the obvious isk farmers buying them should be. Quote: It is your fellow players that are charging, and even worse paying what you see as "insane prices". You can't blame people for selling them high, if that's what the market will pay, it's not on the other hand the 'fellow players' that are 'paying' it, it's the isk farmers. There is no problem with prices, there's a continual problem with some of the chars that are buying them, their activites in and out of game and how those are destroying the game for others.
Imperius Blackheart Caldari KIA Corp KIA Alliance	Posted - 2008.09.14 11:19:00 - [42] Edited by: Imperius Blackheart on 14/09/2008 11:19:14 Originally by: Darktec Originally by: Shadarle Originally by: Darktec Either way, GTC prices are INSANE atm, 500 mill is more than the 90's were going for. I hope ccp does something soon, as they said in the sticky in the Timecode forum. Why exactly should CCP do something about it? Why are high prices bad? If you can't afford one then don't buy them, prices will then drop on them if enough people can't afford them. It's supply and demand. Either there is too much demand or too little supply, or both. Its because people will just go out and buy isk to buy the gtc, and yes, i know how stupid that is, but you can get isk cheaper than one month of eve, and if say you can buy a bill for 20$, spend half on a gtc, you get 60 days for 10 bucks. thus ccp loses money. It is the players problem, but its also CCP's Boy, I just want to point out this is the most stupid thing ever said on MD seriously, you can't get your head around the fact that someone has to buy a GTC for $34.99 (price taken from evetimecode.com) to resell it for isk? Please explain to me how this lead to CCP losing money. KIA Corp Recruitment Director, mail me for more info.
Shadarle	Posted - 2008.09.14 15:51:00 - [43] Originally by: Lord Fitz You can't blame people for selling them high, if that's what the market will pay, it's not on the other hand the 'fellow players' that are 'paying' it, it's the isk farmers. You keep saying this, but do you have any clue what you're even talking about? You're saying the only people who buy GTC's are ISK-Farmers? Look, just because you failed capitalism 101 doesn't mean people more successful than you and can afford GTC's are ISK farmers.
Angus McSpork	Posted - 2008.09.15 06:43:00 - [44] Didn't Faction Warfare go live 2 months ago? Is it possible that this current spike is a result of ppl resubbing/creating alt accounts specifically for FW?
Eva d'Ray	Posted - 2008.09.15 10:06:00 - [45] Edited by: Eva d''Ray on 15/09/2008 10:07:54 Originally by: Angus McSpork Didn't Faction Warfare go live 2 months ago? Is it possible that this current spike is a result of ppl resubbing/creating alt accounts specifically for FW? That's one of the reasons but also we are in a recession. There are less options to choose from when then 30 and 90 day's GTC's were taken out, thus lesser choice, less competition, thus prices vary less. the reason why in shops you can always choose between 5, 10, 20 and 50 packs A lot of the 'new' players who joined in the last new_player_rushes since Emperan Age' are now savy enough experienced to make money and buy GTC's, thus more competition, thus prices go up. CCP makes GTC's accessible for every player, not restricted to players with lets say +3 months gameplay, so a bunch of alts (be it iskfarmer alts or fw alts, or mule-alts) get to buy GTCS's, more demand = higher prices.. And probably some more economical reasons (isk farmer or not, discussions about the who and what, it all comes done to economics - which makes this game so intresting :)) Etc... I wonder why the quarterly financial report is late. Perhaps our economist is to busy mining for his GTC's
Antalor Maskari	Posted - 2008.09.15 10:42:00 - [46] Personnaly I think that if CCP doesn t seem to care really about that is maybe because they are the one who profit of it. So why change anything? CCP say they ll ban RTM and isk sellers, but i don't see them doing much. Farmers still have great days for long.
Midas Man Caldari Dzark Asylum	Posted - 2008.09.15 13:01:00 - [47] 1) there is massive amounts of manipulation going on eg. I post "WTS @500" 30 secs later and alt of mine posts Ill take it send to "Insert desposable alt here" (The clever bit for those that don't get it is I don't actually sell it to my alt) Then I post a new thread with a different character WTS 500. Buyer comes to market sees a WTS@500 followed by a few post "showing" that codes have "sold" for 500, thinking this is the going rate they pay it. I have tested this buy doing the reverse when codes first shot up to 400mil about a month ago and got around 6-7 in total for 300-320 mil. Someone else was using the same method at the time an also got numerous codes at 300-325 mil. This is A sellers Manipulation for 1 reason, Some Sellers live in that forum and can constantly manipulate it to maintain higher pricing. Buyers are only there to buy a code. and come and go as they get the code they want. 2) Lots of farmers were recently banned you can see this from the spike in alot of mainly "Farmer" generated Items falling in supply and increasing in price. This is wide spread across many items, and ive seen the prices of these items spike many times as farmers are banned. When Farmers are banned they set up a new account so recently there will have been a massive increase on demand for GTC's. 3) there was an natural spike in demand due to the loss of 30 day codes. Alot of people used them and they would buy 1 every month. When 30 were removed alot would have switched to 60 days meaning they only buy 1 every other month. So for a while there will be a month of higher demand and a month of lower demand. There is probably many other factors involved but these are what IMO are causing the insane prices we see today. Only way to combat it is to only buy codes that are in your price range and be patient someone will sell eventually. CCP do want "Farmers" in game they pay CCP's wage or some of it and if CCP want increased revenue all they need to do is ban a few and suddenly they will have an influx of "new" players. If they appear too harsh on "Farmers" they will move to other MMO's so they have to strike a balance between Farmers, Real Players and their profits.
21 Salvager	Posted - 2008.09.15 14:49:00 - [48] If he ever reports again, I'd love to see some analysis of the GTC market done by CCP Dr.EyjoG. Open letter to Dr. EyjoG: I think some analysis of the secure selling price of EVE Time Codes would be very interesting. Also, any suggestions for a better market for EVE Time Codes would be great, since the Timecode Bazaar forum has several major problems (can't tell price histories, can't tell if prices are real or being faked to influence the market, can't place a buy or sell order and be sure it will be filled at the best price, forum threads have to be "bumped" to the top to be seen, etc.) CCP has data on completed EVE Time Code sales, so you should be able to get some interesting graphs and analysis. Is this something you can look into for the next Economic Report or Blog? thanks, --end--
Macon Squaredealer Squaredeal Enterprises	Posted - 2008.09.15 15:02:00 - [49] People always love to assign blame for things they don't understand to manipulation and other nefarious behavior. Personally, I blame insurance as the biggest factor resulting in a decreased supply of TC's. Simply put, a large number of PvPerÆs were buying a TC once in a while, and then selling it for isk to support their PvP habit. They no longer need to do so nearly as often. The reduced supply of TCÆs available for purchase by using isk (with demand remaining the same or maybe even being higher) has resulted in higher prices. ___________________________________________ Watch for the Squaredeal Enterprises IPO in the coming months.
Gareth Thomas	Posted - 2008.09.15 16:16:00 - [50] Its due to demand for gtc's staying the same while the supply of gtc's fell. In the past $14.99 was affordable for a quick cash injection. Now we have to shove up twice the amount when we need more cash. Its no longer an easy decision to use the little RL cash you have on a game. They should bring back the $14.99 for 30 days.
Cergorach Amarr The Helix Foundation	Posted - 2008.09.16 11:12:00 - [51] Edited by: Cergorach on 16/09/2008 11:15:27 Edited by: Cergorach on 16/09/2008 11:14:44 I tend to keep an eye on the Time code Bazaar, and a few minutes ago the demand outstripped the supply by at least a factor of six (if not more), is it any surprise that people are asking higher amounts for their wares (you would too!). If some poor fool tries to sell his GTC for 470M isk, then there's half a dozen people that pile upon that offer within two minutes. 500M isk is a 'magical' number, it's half a Billion isk, that's a lot. So many are reluctant to buy it at that price. Is it worth that amount of isk, it sure is, and much more if things keep going the way their going... I currently have two characters to support (one the first month, to other the second), and it might seem steep to pay 1B isk every two months (6B isk a year), but it really isn't for me (and i'm not even rich). I trade, I like trading, so as long as I make more money every two months then the GTCs cost, I'll keep paying any price. 6B isk saves me around 260 euro a year, that's a lot of money, money I rather spend on something else... To be honest, if demand doesn't suddenly drop (a lot) or supply doesn't increase (a lot) I expect to see treads "[WTB] 60 day GTC @ 1B isk"... I would like to note that this isn't me, but the first person offering a 60day gtc for 1B isk is here...
Nabasuko Donosor	Posted - 2008.09.16 14:18:00 - [52] I never sold GTC's before but with the actual pricing it was too tempting. Bought 4 of them and wanted to sell at 550. 10 minutes later I adapted to 500 and 10 minutes later I was sold out. This was this morning with WTB's ranging between 420 and 470. Now, 8 hours later I see WTB's of 525 and a 1B WTS. I can assure this is no alt manipulation.
Juliette Leblanc Gallente Federal Navy Academy	Posted - 2008.09.16 14:48:00 - [53] Originally by: Nabasuko Donosor I never sold GTC's before but with the actual pricing it was too tempting. Bought 4 of them and wanted to sell at 550. 10 minutes later I adapted to 500 and 10 minutes later I was sold out. This was this morning with WTB's ranging between 420 and 470. Now, 8 hours later I see WTB's of 525 and a 1B WTS. I can assure this is no alt manipulation. As far as I can tell, the "alt manipulation" theory is mostly buyers paranoia. There may have been a few occasional sellers that tried that. But most regular probably know that it does not really change the market much. Many are now saying that there are less sellers and that this is the fault of CCP failing to stop RMT, so those that want isk for their money are going to buy 1b isk for 30$ instead of selling GTCs. I disagree: I think that the regular sellers are simply observing the market very carefully and holding on because they think the real peak of this two month long wave is yet to arrive. They are probably selling one or two GTCs when they see the occasional 500-550m values going by, but they are probably hoping for those values to become regular for a few ours and try to sell in the 550-580m range. The 1b WTS I think is some buyer troll. No sane person would hope to sell for that much right now. And a market price manipulation attempt would not post a single WTS that is around 2.5x the current WTB price. Also note that I do not think that the current prices are any indication of GTC costs rising. This is just all people having 60d cards expiring at the same time around 60d past the moment the 30d were discontinued and the 60d were introduced. Really nothing strange in this. Wait mid october and you'll most probably see tons of WTS GTC for 350 being deserted by buyers.
Panzerkom Caldari	Posted - 2008.09.16 17:33:00 - [54] Ah, I think Juliette is the author of the analysis on TC Bazaar that I talked about in a previous post. Also, another thing that might be in play here is inflation. I have noticed the price of several items that I purchase on a regular basis go up by anywhere from 5~10%, although I have no solid numbers to prove this.
Juliette Leblanc Gallente Federal Navy Academy	Posted - 2008.09.16 17:42:00 - [55] Originally by: Panzerkom Ah, I think Juliette is the author of the analysis on TC Bazaar that I talked about in a previous post. Yes and no. That character is now on an inactive account. It is not abandoned, but I do use GTC expiration to set a long skill to train. I generally have one or two accounts that are "idle" training some long skill. Cumulatively saves a lot when you breed several characters at once. It was now the turn of that account, so you are not gonna see her till mid october.
Shavana Made in Canada	Posted - 2008.09.16 21:21:00 - [56] Edited by: Shavana on 16/09/2008 21:23:54 Originally by: Darktec Just to humor you for a second here. 1. How exactly do you think CCP should go about policing GTC prices and bringing them down to a level you find acceptable. 2. What is a price you find acceptable 3. What if someone else thinks your price is still too high, should CCP use your price or someone elses 1. Simple, re-introduce 90d cards again and drop the their prices to the old price 2. I remember when a 90d cost only 400m.. you tell me what YOU find acceptable! 3. Irrelavent if CCP fixes the amount of $ it costs to buy them back to the GOOD ol' days
Treelox Amarr Market Jihadist Revolutionary Party	Posted - 2008.09.16 21:40:00 - [57] Originally by: Shavana Edited by: Shavana on 16/09/2008 21:23:54 Originally by: Darktec Just to humor you for a second here. 1. How exactly do you think CCP should go about policing GTC prices and bringing them down to a level you find acceptable. 2. What is a price you find acceptable 3. What if someone else thinks your price is still too high, should CCP use your price or someone elses 1. Simple, re-introduce 90d cards again and drop the their prices to the old price 2. I remember when a 90d cost only 400m.. you tell me what YOU find acceptable! 3. Irrelavent if CCP fixes the amount of $ it costs to buy them back to the GOOD ol' days I think you will find that CCP prefers the increase in revenue stream that the new card prices bring them. Doubtful they will change anything to suit your wishes in this matter. --
schmarty pants	Posted - 2008.09.16 23:56:00 - [58] Originally by: Shavana Edited by: Shavana on 16/09/2008 21:23:54 2. I remember when a 90d cost only 400m.. you tell me what YOU find acceptable! I remember when a 100 day could be yours for 250 million. The value of isk changed since then as RMR grew with numbers on the back of the more aggressive advertising campaign to compete with the likes of WoW. It turns out (in my mind) that 90 day GTC's hit a correct pricing point of around 350 million isk, now the prices are just higher becuase most people that bought isk via GTC's are now stumped about the new $/Days ratio. I think CCP either thinks that enough new people will get sucked into EvE over the next year to watch the same amount jump out becuase they only played via relatively inexpensive GTC/Isk. Or I could be wrong and the value of isk could plummet because of this, it would be ironic to see if GTC's were controlling the market all along.
Cergorach Amarr The Helix Foundation	Posted - 2008.09.17 06:44:00 - [59] Originally by: Shavana 1. Simple, re-introduce 90d cards again and drop the their prices to the old price
Shavana Made in Canada	Posted - 2008.09.17 15:26:00 - [60] I agree with everyone to some extent.. However, there were/are a lot of players thar have multiple accounts and cannot afford them unless paid via GTC. If all those players are forced to lose 1 or 2 accounts due to the sharp increase in GTC prices then EvE actually loses a lot of revenue because GTC are no longer in heavy demand.

Pages: 1 [2] 3 4 :: one page
First page \| Previous page \| Next page \| Last page

COPYRIGHT NOTICE
EVE Online, the EVE logo, EVE and all associated logos and designs are the intellectual property of CCP hf. All artwork, screenshots, characters, vehicles, storylines, world facts or other recognizable features of the intellectual property relating to these trademarks are likewise the intellectual property of CCP hf. EVE Online and the EVE logo are the registered trademarks of CCP hf. All rights are reserved worldwide. All other trademarks are the property of their respective owners. CCP hf. has granted permission to EVE-Search.com to use EVE Online and all associated logos and designs for promotional and information purposes on its website but does not endorse, and is not in any way affiliated with, EVE-Search.com. CCP is in no way responsible for the content on or functioning of this website, nor can it be liable for any damage arising from the use of this website.