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Hamaa Kazula
Peregrine Enterprises
0
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Posted - 2012.03.31 01:37:00 -
[1] - Quote
The great RMT isk purge will likely crash PLEX prices in my opinion.
Tens of trillions removed from economy. (15T alone from PLs alliance wallet) - Less demand for PLEX
People worried about using RMT to aquire ISK - More people converting GTCs to PLEX to acquire ISK. (especially those trying to fix their neg wallet balance) |

Brock Nelson
515
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Posted - 2012.03.31 02:00:00 -
[2] - Quote
lol Signature removed, CCP Phantom |

Hamaa Kazula
Peregrine Enterprises
1
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Posted - 2012.03.31 02:03:00 -
[3] - Quote
Cheaper PLEX is good for the game. Only trying to speed up the inevitable. |

Brock Nelson
515
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Posted - 2012.03.31 02:07:00 -
[4] - Quote
http://cdn.memegenerator.net/instances/400x/17511656.jpg Signature removed, CCP Phantom |

SgtGoodEnd
Aliastra Gallente Federation
11
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Posted - 2012.03.31 03:04:00 -
[5] - Quote
Interesting... Indeed! |

Acac Sunflyier
Burning Star L.L.C.
142
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Posted - 2012.03.31 11:04:00 -
[6] - Quote
Where is everybody getting the number of 15 trillion isk from PL's wallet? Sometimes, the best thing to do is have a random moment of compassion. |

Brewlar Kuvakei
Adeptio Gloriae
20
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Posted - 2012.03.31 11:48:00 -
[7] - Quote
15m from PL Wallet.
This reminds me when the RMT accounts were leaked and CCP were deleteing posts on the forums that linked those chars and allinces. NAME AND SHAME I say. |

Florestan Bronstein
Ministry of War Amarr Empire
497
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Posted - 2012.03.31 13:50:00 -
[8] - Quote
Acac Sunflyier wrote:Where is everybody getting the number of 15 trillion isk from PL's wallet? the 15t number was later qualified:
pinoyzzz wrote:I want to clear one misconception that is causing confusion. The 15 trillion number is neither one character, nor is it a single negative wallet. It is an API calculated change in personal wallet amounts over one week for ALL PL characters within the API system (~1400).
There are 58 characters with negative wallets, but obviously more had their (positive) wallets modified. In terms of pure ISK amount, snigg has been hit hardest and one of Shamis' reimbursement characters has the most negative wallet in the neighborhood of ~30B. Obviously, everyone is petitioning because this is some sort of mistake by CCP confusing PvP reimbursement and contract payments, over the months, to RMT.
general sources;
https://twitter.com/#!/PLIRC http://bit.ly/HaqBli (kugu) http://failheap-challenge.com/showthread.php?6239-Great-RMT-ISK-purge http://www.reddit.com/r/Eve/comments/rlbof/so_who_lost_the_most_isk_today/
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Hamaa Kazula
Peregrine Enterprises
6
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Posted - 2012.04.04 23:38:00 -
[9] - Quote
PL losing 15T isk wasn't actually true but trillions was removed from the accounts off botters/rmters.
Prices of PLEX have dropped steadily over the last week by 10m. |

Ch3244
Azule Dragoons Sspectre
10
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Posted - 2012.04.05 00:06:00 -
[10] - Quote
http://profile.ak.fbcdn.net/hprofile-ak-snc4/27525_113713115321433_7879_n.jpg |
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Charles Javeroux
INTERSTELLAR CREDIT Interstellar Trade Syndicate
15
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Posted - 2012.04.05 08:51:00 -
[11] - Quote
Hamaa Kazula wrote:The great RMT isk purge will likely crash PLEX prices in my opinion.
Tens of trillions removed from economy. (15T alone from PLs alliance wallet) - Less demand for PLEX
People worried about using RMT to aquire ISK - More people converting GTCs to PLEX to acquire ISK. (especially those trying to fix their neg wallet balance)
CCP found a good way of reducing PLEX price and controlling inflation.
What CCP did is a deal with NVIDIA to buy uber GFX card with PLEX. That deal in itself will increase demand for PLEX what will likely drive the prices up even further. The PLEX is around 500m currently and the blog about how to trade for the card is not even out yet.
So PLEX prices are not crashing any time soon. |

Hamaa Kazula
Peregrine Enterprises
9
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Posted - 2012.04.05 09:41:00 -
[12] - Quote
Charles Javeroux wrote:What CCP did is a deal with NVIDIA to buy uber GFX card with PLEX. That deal in itself will increase demand for PLEX what will likely drive the prices up even further. The PLEX is around 500m currently and the blog about how to trade for the card is not even out yet.
So PLEX prices are not crashing any time soon.
The graphics card they are offering (limited numbers btw) is a low end gaming card. For many players it would be a downgrade.
Others for which this card would be an upgrade will have old gen CPUs which will be a bottleneck. Again reducing the market.
So that leaves people that want to SLI or build a new budget PC. How many of these people will have 20 PLEX to spend on this
Im guessing they wont sell nearly enough cards to account for the trillions of isk they are wiping from the economy. Not to mention all the cancelled/banned botting accounts that will no longer require PLEX. Oh and the nerf to incursion payouts.
Good luck selling you inventory before the market collapses.
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Vaerah Vahrokha
Vahrokh Consulting
505
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Posted - 2012.04.05 10:00:00 -
[13] - Quote
BTW the nVidia deal is an experimental, limited numbers attempt. Limited numbers => limited impact on the market. Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel |

Hamaa Kazula
Peregrine Enterprises
9
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Posted - 2012.04.11 01:58:00 -
[14] - Quote
PLEX prices continue to fall. Down ~20m in less than 2 weeks.
The incoming nerf to incursions should accelerate this.
I would also guess that more people will be converting GTCs to PLEX as ship prices have gone way up and income from missions/incursions is about to go down. |

corestwo
Goonfleet Investment Banking
164
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Posted - 2012.04.11 02:09:00 -
[15] - Quote
you can grasp at straws to make yourself look like a prophet all you want but the fact of the matter is that plexes are really only just returning to prices they rose to back in november and then again in late january
call me again when they're back at 350 and maybe we'll talk |

Hamaa Kazula
Peregrine Enterprises
9
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Posted - 2012.04.11 02:21:00 -
[16] - Quote
corestwo wrote:call me again when they're back at 350 and maybe we'll talk
Will do. |

Smoke Adian
13
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Posted - 2012.04.11 05:08:00 -
[17] - Quote
You realize:
a) A negative wallet does not mean a single isk was removed from the game. b) The 15T from PL was a PL troll.
That said, people who buy RMT isk will need to seed plex now instead. Additionally, with the cost of living increasing less people will be able to afford plex and plex will also be a more a tantalizing option for those who need more income as prices for everything increases. So yeah, I don't see any reason why plex's won't steadily fall for the time being. |

Sam Bowein
Sense Amid Madness
40
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Posted - 2012.04.11 07:56:00 -
[18] - Quote
If CCP wanted to lower plex prices, they'd just have to bring back ghost training. But sadly, it won't happen. |

DeBingJos
Weirdo Asylum
208
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Posted - 2012.04.11 08:07:00 -
[19] - Quote
Brewlar Kuvakei wrote:15m from PL Wallet.
This reminds me when the RMT accounts were leaked and CCP were deleteing posts on the forums that linked those chars and allinces. NAME AND SHAME I say.
I still have a copy of that list :)
Fix FW ! |

Hamaa Kazula
Peregrine Enterprises
9
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Posted - 2012.04.11 08:09:00 -
[20] - Quote
Smoke Adian wrote:You realize:
a) A negative wallet does not mean a single isk was removed from the game. b) The 15T from PL was a PL troll.
That said, people who buy RMT isk will need to seed plex now instead. Additionally, with the cost of living increasing less people will be able to afford plex and plex will also be a more a tantalizing option for those who need more income as prices for everything increases. So yeah, I don't see any reason why plex's won't steadily fall for the time being.
a) It does if the wallet wasn't empty beforehand. b) Scroll up a bit and you'll see that I've already said that. |
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corestwo
Goonfleet Investment Banking
166
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Posted - 2012.04.11 14:52:00 -
[21] - Quote
http://i.imgur.com/7qQJZ.png
down 20m huh?
keep grasping at those straws... |

Greg Valanti
Looney Clones
36
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Posted - 2012.04.11 18:34:00 -
[22] - Quote
Hamaa Kazula wrote: I would also guess that more people will be converting GTCs to PLEX as ship prices have gone way up and income from missions/incursions is about to go down.
Except that as mineral inflation continues to drive the prices on everything else higher, the minimum in-game price a PLEX purchaser is willing to accept also rises.
When PLEX prices were 350M you could also buy most ships for approximately half their current cost. |

Johnny Frecko
Fruidian Logic IDENTITY UNKN0WN
10
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Posted - 2012.04.11 19:13:00 -
[23] - Quote
corestwo wrote:http://i.imgur.com/7qQJZ.png
down 20m huh?
keep grasping at those straws...
He might be right.. *checks jita*, 540M... *laughs*
:) |

Dandro Gaterau
Center for Advanced Studies Gallente Federation
1
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Posted - 2012.04.11 19:56:00 -
[24] - Quote
That GFX card for 20x Plex was an evil trick by CCP to even make more money by selling overpriced Gfx cards and remove 2000 Plex from the game.
Now nearly every Plex ingame seems vanished and players who have to extend their account are forced to buy one from CCP instead from ingame. Double win for CCP  |

Irisa Selenia
Capital Consortium Partners One Stop Research
36
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Posted - 2012.04.11 20:27:00 -
[25] - Quote
plum-+met (plmt) n. 1. See plumb bob. 2. Something that weighs down or oppresses; a burden. intr.v. plum-+met-+ed, plum-+met-+ing, plum-+mets 1. To fall straight down; plunge. 2. To decline suddenly and steeply: Stock prices plummeted. |

kwlomparas
ARXIDIA
0
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Posted - 2012.04.11 22:45:00 -
[26] - Quote
Quote:The graphics card they are offering (limited numbers btw) is a low end gaming card. For many players it would be a downgrade.
Others for which this card would be an upgrade will have old gen CPUs which will be a bottleneck. Again reducing the market.
So that leaves people that want to SLI or build a new budget PC. How many of these people will have 20 PLEX to spend on this?
Im guessing they wont sell nearly enough cards to account for the trillions of isk they are wiping from the economy. Not to mention all the cancelled/banned botting accounts that will no longer require PLEX. Oh and the nerf to incursion payouts.
Good luck selling you inventory before the market collapses.
For some of us it is a big upgrade, this card costs close to 3/4 of my monthly salary where i live |

Dandro Gaterau
Center for Advanced Studies Gallente Federation
1
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Posted - 2012.04.11 22:48:00 -
[27] - Quote
Don't forget that this is a legit method to get RL money for your ISK. |

Hamaa Kazula
Peregrine Enterprises
9
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Posted - 2012.04.11 23:00:00 -
[28] - Quote
I'm still expecting PLEX prices to drop after those who can and want to buy the GPUs do so. I think the market for the cards is very limited. Could be wrong though. |

Dandro Gaterau
Center for Advanced Studies Gallente Federation
1
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Posted - 2012.04.11 23:37:00 -
[29] - Quote
Hamaa Kazula wrote:I'm still expecting PLEX prices to drop after those who can and want to buy the GPUs do so. I think the market for the cards is very limited. Could be wrong though. I expect that too. My guess is there are quite some PLEX in accounts which don't get converted because there are not enough gfx card. They will be dumped on the market tomorrow.
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mechtech
Ice Liberation Army
162
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Posted - 2012.04.11 23:53:00 -
[30] - Quote
Hamaa Kazula wrote:I'm still expecting PLEX prices to drop after those who can and want to buy the GPUs do so. I think the market for the cards is very limited. Could be wrong though.
Will it drop back down right under 500m though? That was a very important psychological barrier that just got crushed by this promotion. |
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