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Vasentic
The Remnant Legion.
The Remnant Legion
Posted - 2011.08.03 04:20:00 - [31]
 

But wait....

CCP nerfed plexes because they didn't like items that were 'special' not because they wanted to get paid for something that could be destroyed and never used....

So they made NEX items the same way! Otherwise they would be special and completely contradictory to the entire reasoning behind making plexes destructible in the first place! Right!?

Right?

They did right?

...gaiz?

..

Sri Nova
Posted - 2011.08.03 04:57:00 - [32]
 

I still feel ccp has become disconnected from this game .
Reading some of the dev responses and watching the videos it seems
like cpp feels that aurum is not tied to plex . I know that sounds odd and contrary but my feeling is that ccp sees the player base purchasing aurum via plex through isk . Thus esentially the items in the vex store are free (at least thats how i perceive ccp's feelings on aurum) if that is true it explains why things are so high but unfortunately that idealogy fails because no matter how you try and spin it time is money . With plex being tied to isk it gives us a metric to measure the value of isk .

Now there is a divide between what the players and ccp value isk at. this hampers the uptake of aurum especially when the items that only aurum can buy have little or no return value to the player base.
Not being able to openly trade aurum on the market will further hamper aurums uptake as perceived value become skewered and difficult to determine ie: are those pants actually worth the 340 mil isk or x amount of minutes and or hours to buy.I question rather giving away aurum for free is going to help the situation

Either way the whole vex store and aurum concept really confuses me and no matter how i look at it i come away feeling that ccp has become disconnected and are on seperate path with eve than what was shown at EVE fan fest 2008. What happened to the winsauce ??

Amsterdam Conversations
Posted - 2011.08.03 13:43:00 - [33]
 

Originally by: Bloodpetal


I don't see a differentiation on who "buys plex" with the intention of buying clothes and those that use it for ISK.

ISK buys a real value service, 30 days game time.

So, ISK = a $15 to $20 equivalent value per equivalent PLEX Conversion.

Whenever you spend 350M ISK, you COULD HAVE bought game time and 'saved' yourself $15-$20.

One way or another, saying "someone wouldn't spend real money" is insignificant. Someone is.




It doesn't work like that m8. 350m ISK is not 20$. There's not an infinite amount of PLEX in the system. Especially with NeX, PLEXes get destroyed using the NeX store, normal PLEXes don't, when they're converted to ISK. Only way of destroying them is having them blown up or using them.

If people bought up all the PLEX and converted them to Aurum, no one would be able to pay his subscription for 350m ISK/month any more for a while.

And no, it's not insignificant, since the point is that no one would pay 60$ for an ingame monocle if he couldn't pay it with ISK.

Zey Nadar
Gallente
Unknown Soldiers
Posted - 2011.08.03 14:25:00 - [34]
 

Edited by: Zey Nadar on 03/08/2011 14:30:35
Everybody knows this, except CCP or Icelandic marketing consultants. Maybe if they read this they might learn something. I wonder.

No matter what they do, the smallest unit of currency in NEX store is the price of one PLEX. Thats about 16-20 euros. You cant break PLEXes down, its all or nothing. They should at least made it so that you get lot of stuff with the price of one plex and it might not have failed so hard. But no, you can get a lousy T-shirt maybe..

Barbelo Valentinian
Gallente
The Scope
Posted - 2011.08.03 14:47:00 - [35]
 

Originally by: Amsterdam Conversations
Originally by: Bloodpetal


I don't see a differentiation on who "buys plex" with the intention of buying clothes and those that use it for ISK.

ISK buys a real value service, 30 days game time.

So, ISK = a $15 to $20 equivalent value per equivalent PLEX Conversion.

Whenever you spend 350M ISK, you COULD HAVE bought game time and 'saved' yourself $15-$20.

One way or another, saying "someone wouldn't spend real money" is insignificant. Someone is.




It doesn't work like that m8. 350m ISK is not 20$. There's not an infinite amount of PLEX in the system. Especially with NeX, PLEXes get destroyed using the NeX store, normal PLEXes don't, when they're converted to ISK. Only way of destroying them is having them blown up or using them.

If people bought up all the PLEX and converted them to Aurum, no one would be able to pay his subscription for 350m ISK/month any more for a while.

And no, it's not insignificant, since the point is that no one would pay 60$ for an ingame monocle if he couldn't pay it with ISK.


That's right, it's essentially OTHER PEOPLES' MONEY you're "wasting" if you use PLEX to buy AUR items.

What the rl PLEX buyer/in-game PLEX seller got for their real money that they gave to CCP was some virtual fun (e.g. a couple of spaceship and some fittings). And it's hardly likely that the average person who uses PLEX in this way, as a top-up for virtual spaceship fun, is going to buy the meaningless stuff in the NeX store.

If you (the person who bought the PLEX off that guy for isk) then use that PLEX to buy an AUR item, you're "wasting" their money (it's perhaps not something they would have bought), but you're certainly not wasting any of your own real life cash. The isk you are using to buy that PLEX represents either time you had already given up to your virtual hobby, or time and effort you'd put into setting up bots and networking.

And if, as CCP presumably hoped, the AUR items had become items of prestige (rather than, as they are, of mockery) those with plenty of isk sloshing around, or hoarded PLEX, might well have bought into the status thing. If you're already stinking rich and have all the spaceships you need, why not buy something that signifies your wealthy status?

(Hmm, but hold on a minute. Someone who'd sweated - as opposed to botted - for that isk wealth might still not be willing to buy frivolous NeX items for status. Not for the first time it occurs to me that this might have been a ploy on CCP's part to try and filter out some of the botters, or at least provide some starter data to discretely do some datamining on - there's a saying "easy come, easy go", and people who would be prepared to buy this ****e for status might be flagging themselves as people who don't value any time and effort they've put into playing the game, or at least value it less than someone who sweated for it, rich though they may be. Perhaps too paranoid a train of thought, but amusing to contemplate.)

Romar Agent
Posted - 2011.08.03 15:08:00 - [36]
 

Edited by: Romar Agent on 03/08/2011 15:11:14

Originally by: Amsterdam Conversations
... I bet NO ONE (and I mean no one) would pay the NeX prices with real money.

Hmm, I invested three PLEX worth of real money into NeX (and that's €60 not $60).

Basically because I like what I see,

I'm not loaded with ISK*,

I'm (reasonably) loaded with real money*.

I work hard and have few channels to waste some money, so when I can, I do it - I have spent more on less in real life.

All in all I think it was worth it.

I guess with that I'm not the average player, though, but I do exist...

(* with limited time to play, I already spend real money on PLEX to exchange into ISK)

Misanth
RABBLE RABBLE RABBLE
Posted - 2011.08.03 15:26:00 - [37]
 

Originally by: Akita T
Originally by: Fix Lag
CCP is utterly incompetent at basic supply and demand equations; more news at 11.

The only bad part is that we can't profit (much) from this one... unlike the stuff from Dominion and Tyrannis (and several others before).


And CCPs way to handle this whole mess.

MT - fine.
Pricing - bit ridicilous as it is.
Not destructible - makes no sense whatsoever, should've been (and obviously that should've affected prices too).
Investing EVE money to develop other games - all gaming companies does, that's expected tbh.
CCPs treatment of players - ****ed up beyond belief.
CCPs strategy - ****ed up beyond belief.

I'm not sure why we should back up a company that applauds arrogance, lies and blantantly treating players with silence. Especially not if we backed them up for 5-10 years, visited their fanfests, bought their merchandice and promoted this game to other gamers (and others) we spend time with. And they reward us with no development of this game whatsoever, it's all just overspill from WoD- and Dust-productions.

Thanks for raping me sir, can I have another round? I'll even pay you this time?

Jint Hikaru
OffWorld Exploration Inc
Posted - 2011.08.03 15:36:00 - [38]
 

While I have not fully read all the posts in this thread, I do have to agree with the OP in her original post.

While I am not a huge supporter of the NEX store, if these items were priced at, for example, $2 each... I probably would have payed $20 or $30 to put together clothing for each of my characters to enhance the RP role I have given each one.

Scruffy space bum for Jint
Military uniform for Corp CEO
Etc.

However with a shirt costing $20 alone, CCP are now going to get exactly $0 from me.

Not to mention we can't even interact with other players yet, so whats the damn point of buying their overpriced stuff anyway.

Uuali
Posted - 2011.08.03 16:04:00 - [39]
 

I noticed the gap in psychology when converting plex to aurum. It doesn't seem like you are spending as much as you are does it?

That's the gist of it. 1,000 aurum doesn't look the same as millions of isk or tens of dollars. CCP is counting on it.

Alice Katsuko
Terra Incognita
Intrepid Crossing
Posted - 2011.08.03 16:15:00 - [40]
 

Originally by: Akita T
They screwed up big time with the pricing levels.
NEX stuff should have cost on average 1/10 or even 1/100 of what it costs now on average.
But it should have been destructible.


The purpose of the clothing store [and of clothes/dyes/hats in most multiplayer games] is to make characters stand out and look unique. The trouble is that it takes CCP a fairly long time, relatively speaking, to make new items of clothing, at least if their current release rate for clothes is any guide. If the current selection of NEX clothing were to be reasonably priced from the perspective of a typical EVE player, then too many players would buy up the pathetically tiny selection of clothing available and it would no longer make their characters look unique, eventually stifling demand, especially considering that the currently available clothing isn't all that amazing aesthetically. Probably, CCP realized this and decided to transform NEX items into status symbols.

So yes, it would have made more sense for CCP to have released the NEX with a large selection of destructible items and lower prices. But they most likely didn't have the resources to do so. Thus we have a few absurdly overpriced items that don't really look like they're worth more than their real-life counterparts.

Trig Onami
Caldari
Onami Corporation
Posted - 2011.08.03 16:46:00 - [41]
 

Just bought a PLEX with real life monies. In your face, *****es.

Greup
Posted - 2011.08.03 17:32:00 - [42]
 

just spent 6 M Isk on the precicion boots on the open market. That amounts to < 2% of an Plex. Approaching resonable levels.

Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.03 20:41:00 - [43]
 

Edited by: Bloodpetal on 03/08/2011 21:12:01
Edited by: Bloodpetal on 03/08/2011 20:43:09
Edited by: Bloodpetal on 03/08/2011 20:41:10
Originally by: Greup
just spent 6 M Isk on the precicion boots on the open market. That amounts to < 2% of an Plex. Approaching resonable levels.


Right, so the Precision Boots are now a "successful" item on the market, trading over 50 a day at minimum and 2.5B a day in ISK at highest.


What prompted this? FREE Aurum. So the value of those boots is far less than the purchase price, and the availability of "Free" money helps us find what the market considers a more reasonable traded value of this item.

It's supposed to be traded at around 100M ISK, since according to the rough price conversion of 3500 Aurum to 1 Plex to APP 350M ISK, 1,000 AURUM = 100M ISK.


That is a SUCCESSFUL item, not because it's worth "1000 Aurum" but because the value of the items is now at a level deemed by players truly "affordable".

Not a price being shoved into our face and being told "it's affordable".


This is solid and clear evidence on what the "market" considers "fair market value" for digital clothing.

IF CCP wants to ignore this success, then they're just being intentionally negligent to the data.


Prices Drop, sales rise dramatically.

Please visit your user settings to re-enable images.


Total sales per day is more than the prices of the last 15 days all together.

Please visit your user settings to re-enable images.



MOST of the sales are individual orders, very few are bulk orders, of the total items bought "in bulk", roughly less than 10% were purchased as in a single order in multiples.

Also, MOST are being sold to "buy orders", not through sell orders, so people are offloading the boots as fast as they can to make their 10 Million ISK.


Really high value items to the average player.

10M ISK gets you a T2 fitted Rifter.


Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.03 20:49:00 - [44]
 

Originally by: Amsterdam Conversations


It doesn't work like that m8. 350m ISK is not 20$. There's not an infinite amount of PLEX in the system. Especially with NeX, PLEXes get destroyed using the NeX store, normal PLEXes don't, when they're converted to ISK. Only way of destroying them is having them blown up or using them.

If people bought up all the PLEX and converted them to Aurum, no one would be able to pay his subscription for 350m ISK/month any more for a while.

And no, it's not insignificant, since the point is that no one would pay 60$ for an ingame monocle if he couldn't pay it with ISK.


At current prices, roughly, 350M ISK = 1 Plex = $20.


CCP Has also stated that if they didn't like the ISK to PLEX conversion, they would step in and interfere. Reference

So, by tacit acknowledgement, CCP says that the rough price that ISK to PLEX is where they want it to be.


Hypotheticals do not change the fact that you can buy a 350M ISK PLEX, convert it to game time, or take it to the NEX store.


Also, multiple individuals have stated that they would and have paid for it with Money directly from PLEX. Why? Because they don't want to earn the ISK to buy the PLEX, why use a middle man?

And again, the AVERAGE player, according to a 2010 QEN, has 350M ISK in his wallet at any given time.

So, the presumption that MOST purchases are happening with ISK is less likely.




Tippia
Caldari
Sunshine and Lollipops
Posted - 2011.08.03 21:05:00 - [45]
 

Edited by: Tippia on 03/08/2011 21:05:42
Originally by: Bloodpetal
This is solid and clear evidence on what the "market" considers "fair market value" for digital clothing.
…also, it is kind of in-line with what you'd see in other games. At 10M ISK, the PLEX/$$ equivalent is $0.50 — a classic MT price — and a whole ensemble would set you back maybe $7, which is pretty much what other games price a character skin at.

Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.04 17:54:00 - [46]
 

Originally by: Tippia
Edited by: Tippia on 03/08/2011 21:05:42
Originally by: Bloodpetal
This is solid and clear evidence on what the "market" considers "fair market value" for digital clothing.
…also, it is kind of in-line with what you'd see in other games. At 10M ISK, the PLEX/$$ equivalent is $0.50 — a classic MT price — and a whole ensemble would set you back maybe $7, which is pretty much what other games price a character skin at.



Now, there ARE some expensive SETS out there from some companies... that may be worth $20 or even up to $50 or such - however, the main issue is that they are selling MULTIPLE set pieces for what comes down to smaller parts.


The fact that ONE PIECE of clothin is $20, is not only off the wall, just based on the fact it's worth THE SAME as a REAL T-SHIRT (a real nice branded T-shirt, with designs and such) - it's also just poor sales.

I wish i could use the word MARKETING, but it's not.

Although CCP says that they want to enhance a players experience with EVE by giving them more satisfaction - do you really think that the AVERAGE (350M ISK in their wallet) player is really going to feel a sense of enhancement and connection with their game by spendin THEIR WHOLE WALLLET on a T-SHIRT?

No, they're going to feel ripped off, swindled and generally in disbelief.

Will some people? Sure. Looking at market prices, about ONE PERSON A DAY trades in JITA on each of the various clothes.

That is NOT success in a 300,000 player economy.

Even at 50-100 purchases a day for the precision boots, it would take over 3 years for each player in EVE to have purchased those boots. Meaning that plenty of individuals will get a sense of satisfaction from "owning" their 'Precision' Boots - and well beyond the lifetime of the clothes "wow" factor that they are aiming for with fashion. The longer an item is on the market, the less attractive it becomes in terms of fashion (old). So, by the time those items even become purchased by a sizable portion of anyone in EVE, they're old, they've NOT brought back the expected revenue in terms of production, and they COULD have brought in a LOT MORE if they had decreased the prices, increased the quantity purchased, and so forth.


Fine, CCP Z, you say that you're learning.

You also say that CCP wants to use the NEX to promote generating more clothes for EVE Players by brining more revenue in that brings in more attention and cycles back through to more production.

Now, how can you say that over-pricing goods, throwin the word "affordable" in our face - which by the way, there is no COMMENT thread for that news article, if anyone noticed. <sarcasm> I'm sure that wasn't intentional, I'm sure that wasn't CCP's way of sayin, "no, we don't care what you have to say" </sarcasm> - and then look at what's happening on the activity on the Precision market boots - even if the AUR was free, and not say that THERE IS INTEREST for trading clothes, but NOT at the PRICES that you are setting - not at prices that are equal to the majority of an AVERAGE players wallet and on top of it, ttry and justify that by saying "we want to brin more clothes to you".

Who is you? Obviously not the average EVE player.


Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.06 21:05:00 - [47]
 

Will CCP Devs come to show some rationality concerning pricing?

Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.09 03:09:00 - [48]
 

350 Million ISK does not equal "Affordable".


Here's a good anecdotal blog from a marketing person :

Linkage


Quote:
My initial reaction of annoyance was replaced with admiration for a company that was willing to admit their mistake, and correct it with a clever and genuine communication. Plus, a little 20% off frosting on my non-birthday cake didn’t hurt either.


It's not too late yet. You can still turn from the darkside.

If your product is affordable, show us metrics.

Quote:
http://blog.smartadvantage.com/competitive-advantage-blog/bid/54664/Lying-About-Your-Brand-Back-Up-Your-Message-with-Facts-Metrics


Quote:
The problem with most advertising is not that it’s actively deceptive, but that it’s arbitrary. Companies seem to just pluck words out of the air. (“We have the best quality, service and value!” What does that mean?)


Affordable, prove it.




Mr Kidd
Posted - 2011.08.09 03:58:00 - [49]
 

Originally by: Bloodpetal
Will CCP Devs come to show some rationality concerning pricing?


No. Remember, CCP only cares what we do, not what we say. No doubt CCP is looking at us with the most confounded and perplexed look on their faces. They can hear us grumbling but, it's akin to the cacophony heard in a large stadium. Ultimately it's just background noise to them. And yet, they can't quite understand why the NeX isn't working.

I've no doubt they're genuinely confused about the situation. But, they just can't bring themselves to admit that pricing is the biggest barrier.

Cave Lord
Posted - 2011.08.09 06:00:00 - [50]
 

Edited by: Cave Lord on 09/08/2011 06:00:37
CCP has stated that they will ignore us and only look at our actions.

This really gives us one solution.

If you don't like it, stop subscribing.


Until then, don't even bother trying to show the CCP leadership how crappy this NEX store is. They'll smile and just wait for you to somehow spend real life money for worthless items.

..and yes, they are worthless.

-Cave.

Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.09 18:18:00 - [51]
 

Edited by: Bloodpetal on 09/08/2011 18:20:30

Originally by: CCP Hekatonkheires
Originally by: stoicfaux
Meaning, do we have to choose which character gets the 1,000 Aurum like a normal gift item or is all of your Aurum globally available to all three characters?



Final query ended up being highest SP character, not actively training. Reasons were many.



Let me guess.

Reason 1 : Instead of using your redemption system so people can use the Aurum on the character they want, potentially allowing them to put it on a character they don't have to look at the AUR in their wallet until you un**** the situation. This way you can force the AUR into peoples wallet where they can't ignore it.

Reason 2 : The AUR doesn't get redeemed onto a trash alt that someone is happy to delete just to get it out of the system and show how much they don't want it.

Reason 3 : Players are obviously on their highest SP characters the most often, and will be forced to look at it to be tempted to use it.


There's a MASSIVE FLAW in all of this.


YOU MOVED THE WALLET VALUE TO THE RIGHT SIDE OF THE WALLET WHERE NOONE LOOKS FOR IT.


I NEVER SEE MY AURUM, EVER, just like I never see my ISK unless I go out of my way to look for it.


Fail implementation of evil master plan is fail.


Try again.


Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.09 20:10:00 - [52]
 


Average daily population still dropping.


(Read Left is Today, Right is the Past)
Linkage

Taedrin
Gallente
Kushan Industrial
Posted - 2011.08.09 20:47:00 - [53]
 

Originally by: Barbelo Valentinian
Isn't part of the reason the NeX items are so expensive is to absorb some of the (apparently) large amounts of PLEX sitting in some peoples' hangars doing nothing?

i.e. the idea is that a lot of people are playing EVE f2p, and hoarding PLEX, so the purpose of the high prices for NeX items was to get the PLEX out of the system for accounting purposes.

Perhaps someone with more economic savvy could explain?


Just the opposite really. According to CCP prices are so high because they don't want to disrupt the PLEX market. Their economists said that this was the only way that they could introduce the NEX store without causing the price of PLEX to skyrocket.

Only CCP can tell if they are turning a profit off of this or not. But there are definitely a lot of customers who are choosing NOT to interact with the NEX store.

Barbelo Valentinian
Gallente
The Scope
Posted - 2011.08.09 22:14:00 - [54]
 

Edited by: Barbelo Valentinian on 09/08/2011 22:15:19
Originally by: Taedrin
Originally by: Barbelo Valentinian
Isn't part of the reason the NeX items are so expensive is to absorb some of the (apparently) large amounts of PLEX sitting in some peoples' hangars doing nothing?

i.e. the idea is that a lot of people are playing EVE f2p, and hoarding PLEX, so the purpose of the high prices for NeX items was to get the PLEX out of the system for accounting purposes.

Perhaps someone with more economic savvy could explain?


Just the opposite really. According to CCP prices are so high because they don't want to disrupt the PLEX market. Their economists said that this was the only way that they could introduce the NEX store without causing the price of PLEX to skyrocket.

Only CCP can tell if they are turning a profit off of this or not. But there are definitely a lot of customers who are choosing NOT to interact with the NEX store.


But that's the thing, under the rationale I was talking about (and some others here), the purpose was NOT to turn a profit (at least not for the moment) but rather to absorb some of the ridiculous amounts of PLEX rattling around in the game sitting there being a bit of a black mark for potential investors (because it represents something CCP owes - i.e. server time, which obviously costs resources).

CCP needs big chunks of money to fund its further adventures (and good luck to them!); it's not going to get any sort of huge cash injection from its customers, but rather from investors. To keep them sweet it has to minimize its on-paper liabilities.

They've always said that they would at some point introduce "affordable" MT after a while (and the purpose of THAT would be to make some nice extra money), but (again, if I understand the point) that's not the purpose of NeX right at this minute. It's to absorb PLEX from people who would think nothing of buying a ridiculously expensive "prestige" item - not with rl cash converted to PLEX, but with PLEX they already have tons of.

Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.14 06:01:00 - [55]
 

Edited by: Bloodpetal on 14/08/2011 06:01:54

It doesn't change the fact that you've now created a whole feature that excludes new players, the average player, and the typical player.


I've noticed a lack of stuffing NEX Down our throats the last couple weeks. It's either because CCP Zymurgist is on vacation, or is reconsidering the situation or the NEX Has been abandoned like Faction Warfare.

Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.15 17:49:00 - [56]
 

Edited by: Bloodpetal on 15/08/2011 17:49:27
17:48:56
http://www.eveonline.com/devblog.asp?a=blog&bid=401


Dug up from 2006. 5 years!

Anyways...


I'm so excited to see what happens with Incarna, but the prices laid out brings up many legitimate concerns as to what is acceptable pricing.

The basic logic is simple, if a shirt costs X, then how much is a vanity Scorpion going to cost?

That is totally legitimate thinking. Humans have an inherent sense of value, and you can't possibly tell us that a 90cm^3 monocle is going to be the equivalent or more value of a 1 Billion ton capital ship.

It just DOES NOT MAKE SENSE. So, I challenge someone at CCP to justify that.

Even $1,000 jeans do NOT equal the price of a REAL Navy super carrier.

Big disconnect there.

What happens when we have establishments? I have no doubt at this point that your establishment items will cost AUR. What is fair game to fill out an establishment? A true $1,000?


Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.18 19:28:00 - [57]
 

Edited by: Bloodpetal on 18/08/2011 19:33:28

After 20 Days, Prices for Precision Boots are at a low of 5.6M, High of 12M and an average of 9M. The prices are still dropping on average.

50 sold each day roughly, so that puts in total trade for 500M in Precision boots trded in Jita every day.


This is still more money than is traded in each INDIVIDUAL market for other clothes. Meaning that, although EVERYONE can have these boots, there is VALUE at THIS PRICE despite their inherent "lack of unique value".


SO, what is causing this price discrepency?

It's quite simple, the lack of players wishing to spend their AUR on items. HOWEVER, because of the continuing trade in this market, the items must be coming from somewhere - so players are still trading in their boots, FOR THIS PRICE.

TO them, 1000 AUR is worth 10M ISK to them. That is the definition of value, how much is it worth to you?

So, these boots, and that 1000 Aurum is worth 10M ISK.

That's not surprising. Because we all know the value of the goods on the NEX are overpriced for their real worth to the players. Players are literally giving away 100M ISK Boots for 10M ISK.


READ THE SIGNS CCP.


Bootleg Jack
Potters Field
Posted - 2011.08.18 19:55:00 - [58]
 

Since they gave away the AUR for the mens boots to every player, why would the market of those boots be an indicator of anything?

It is 100% supply, no demand, the stock male boots are better.

Bloodpetal
Mimidae Risk Solutions
Posted - 2011.08.18 20:24:00 - [59]
 

Edited by: Bloodpetal on 18/08/2011 20:26:45


Originally by: Bootleg Jack
Since they gave away the AUR for the mens boots to every player, why would the market of those boots be an indicator of anything?

It is 100% supply, no demand, the stock male boots are better.



It indicates a few things.


The boots are being traded although everyone can have them. This is less an indication of the boots value, since they're basically free, but an indication of what people perceive the value of their Aurum to be.

The value of the Aurum is actually a representation of the value of the AURUM to players who don't care for it, and the people who are holding on to it. The gap between that value is what is being represented. SO, what does happen then is that the 2 groups are finding a middle ground on the market at approximately 10M ISK.

If those who wanted to save their AURUM thought that the boots were worth more to them, then they would be paying more for the boots. Meanwhile, to those selling the boots, they're happy selling them at 10M ISK, or they would be raising the prices in order to satisfy that price point.


So, the price point is where it is for a reason, because that's the value those 2 groups have found to be the AURUM happy point.


Azure Moonlight
Atomic Core Industries and Science
Posted - 2011.08.18 20:40:00 - [60]
 

Why should clothing be destructible? You are naked in your pod anyway.
You only dress up for photo shooting (portrait) or walking around in your cabin.
The one high tech thing you get provided in every damn station in the whole universe.


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