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blankseplocked So whats the point in buying and selling GTC??
 
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Creedsface
Posted - 2010.08.21 11:59:00 - [1]
 

Edited by: Creedsface on 21/08/2010 11:59:48
So i see now that a 60 day game time code only sells for 600 M. thats a waste of money lol..

Anyone care to explain to me why they sell for that little ?? when u consider they cost 35$.....

Amy Hobbit
Posted - 2010.08.21 12:02:00 - [2]
 

The only *LEGAL* way to buy isk

Jimmae
Posted - 2010.08.21 12:02:00 - [3]
 

Deer Creedsface,

you are probably just another troll alt but incase you are not I suggest you read up on supply and demand.

This might help you not only in Eve but also in real life.

Regards,
Jimmae

Creedsface
Posted - 2010.08.21 12:05:00 - [4]
 

Correct me if im wrong but didnt a 30 day time code use to sell for 580 M?? or is just me who forgot stuff while i been away?

Smuggo Smuggins
Posted - 2010.08.21 12:06:00 - [5]
 

Player driven market innit?

Players dictate what they think 30 or 60 days of game time is worth, and right now 30 days is valued at a little over 300m isk.

Creedsface
Posted - 2010.08.21 12:09:00 - [6]
 

just lol..... i can make way more money from just doing a 2 or 3 lvl 4 missions a day and gain way more isk then what u pay for..

Anyways what a feckin pointless way to gain isk..

Jimmae
Posted - 2010.08.21 12:10:00 - [7]
 

Originally by: Creedsface
Correct me if im wrong but didnt a 30 day time code use to sell for 580 M?? or is just me who forgot stuff while i been away?


Perhaps... I remember a time when I bought 60 days for 280mil.

There was also a time when a litre of gas did cost 0.60 Deutschmark here (about 0.28 Euros.).

You can't stop the market forces.

Regards,
Jimmae

Kxing
Posted - 2010.08.21 12:10:00 - [8]
 

Edited by: Kxing on 21/08/2010 12:10:48
i think what he meant is that you can sell for more isks if you convert GTCs into plexes instead of just selling GTC

i have no idea why people would sell GTC under 650 when you can convert it into two plexes and sell for 660+

Im Blue
Posted - 2010.08.21 12:11:00 - [9]
 

90day gtc's were 360mil.. the good days

TekRa
Minmatar
Posted - 2010.08.21 12:15:00 - [10]
 

Originally by: Jimmae
Perhaps... I remember a time when I bought 60 days for 280mil.

There was also a time when a litre of gas did cost 0.60 Deutschmark here (about 0.28 Euros.).

You can't stop the market forces.

Regards,
Jimmae


Not sure if I'm remembering correctly as it has been a while since I was last in Germany, but isn't 0.60 just 60Pfennig? or do you always say as a decimal of the DM?

BrundleMeth
Caldari
Temporal Mechanics
Posted - 2010.08.21 12:18:00 - [11]
 

The point of this thread is what?

Another person trying to tell others who earned their money how they should spend it?

Where is the "you should give it to the poor smelly destitude in _______" fill in the blank with the country in trouble of the day.

Abdiel Kavash
Caldari
Paladin Order
Fidelas Constans
Posted - 2010.08.21 12:42:00 - [12]
 

Originally by: Creedsface
just lol..... i can make way more money from just doing a 2 or 3 lvl 4 missions a day and gain way more isk then what u pay for..

Anyways what a feckin pointless way to gain isk..


Consider how much time you spend doing "2 or 3 level 4 missions a day" for a month. Consider the minimum wage in your country. Multiply by the time. I am willing to bet a PLEX you will get way more than $15.

Game time you buy with ISK is free... just like the minerals you mine yourself.

IMHO, YMMV, but the only valid reason to ever buy gametime with ISK is if you are either a) a minor, and unable to work legally or get money from your parents; or b) for some reason unable to transfer money to CCP - no credit card, billing issues, etc; or c) so filthy rich in EVE that 300M a month is nothing for you. I don't think that so many people fall in c).

will munny
Posted - 2010.08.21 12:47:00 - [13]
 

Originally by: Im Blue
90day gtc's were 360mil.. the good days




^^ This oh soo true

Lady Aja
Posted - 2010.08.21 12:50:00 - [14]
 

Originally by: Creedsface
just lol..... i can make way more money from just doing a 2 or 3 lvl 4 missions a day and gain way more isk then what u pay for..

Anyways what a feckin pointless way to gain isk..



Thats just it. a WHOLE day! 35 dollars is a couple hours to some people. why spend 10 hours grinding away when you can spend 2 hours working to get 600+m isk?

also I think you shoudl petition your name to Facepalm.

Tippia
Caldari
Sunshine and Lollipops
Posted - 2010.08.21 12:51:00 - [15]
 

Originally by: BrundleMeth
The point of this thread is what?
This.

Baghtar
Dreddit
Test Alliance Please Ignore
Posted - 2010.08.21 12:53:00 - [16]
 

Originally by: Tippia
Originally by: BrundleMeth
The point of this thread is what?
This.
That's not a very good reason.

Eternum Praetorian
PWNED Factor
The Seventh Day
Posted - 2010.08.21 13:00:00 - [17]
 

Edited by: Eternum Praetorian on 21/08/2010 13:02:52
I was gonna buy my first one the other day.


Turns out 34.00 US dollars for two PLEX, each of which sell for 320M ISK or something in game.


Obviously I did not, that really isn't worth it to me. No I am not poor and no I do not get an allowance, I work it the medical field. It is just that 15 bucks is simple not = 300M isk in game in my mind. That is kind of stupid and is just showering CCP with real life cash for digital 1's and 0's.

BrundleMeth
Caldari
Temporal Mechanics
Posted - 2010.08.21 13:09:00 - [18]
 

Edited by: BrundleMeth on 21/08/2010 13:21:53
I can buy 1 GTC for less than 1 hour's work in RL. I imagine it's possible but I doubt many people can earn 600 Million an hour in game. In May I received an $8000.00 Tax Return. I bought 15 GTC's which I sold for 9 Billion ISK. With that I bought an uber trained Mining Toon, equipt him with almost a Billion in Hulks, T2 Crystals, Strip Miners and an Orca. I bought 2 Widows, a Vindicator, a Paladin, 2 Tengu's with Subsystems, fit my Golem and one Tengu with Navy Faction Mods, and bought several other Battleships, 9 Manticores, etc, etc, etc. I haven't had so much fun in EVE before.

How long would I have to grind/rat/mission to do that?

heheheh
Phoenix Club
Posted - 2010.08.21 13:23:00 - [19]
 

your missing the point tho, you cant compare an hours work to an hour playing a game though surely.
one is fun, one is horribe, alot of people actually anjoy doing missions for some reason.
Also if all it takes for you to enjoy Eve is alot of ISK to buy ships with then more power to you, i wish it was the same for me, i need more that "Some stuff" to enjoy myself in game.

Abdiel Kavash
Caldari
Paladin Order
Fidelas Constans
Posted - 2010.08.21 13:30:00 - [20]
 

Edited by: Abdiel Kavash on 21/08/2010 13:31:29
Originally by: heheheh
your missing the point tho, you cant compare an hours work to an hour playing a game though surely.
one is fun, one is horribe, alot of people actually anjoy doing missions for some reason.
Also if all it takes for you to enjoy Eve is alot of ISK to buy ships with then more power to you, i wish it was the same for me, i need more that "Some stuff" to enjoy myself in game.


You know, some people actually enjoy their out-of-EVE jobs too. And some people hate activities that generate ISK (mining, missions, ratting...). I would much rather do my job for an hour than mine for 10 hours.

I certainly want more than ISK to enjoy EVE, ISK is never the goal for me. But it is a way to accomplish that goal. And I think that pretty much anything you could want to achieve in EVE (maybe except making up RP stories or just touring the galaxy in a rookie ship) woll sooner or later boil down to acquiring a substantial sum of ISK.

BrundleMeth
Caldari
Temporal Mechanics
Posted - 2010.08.21 13:35:00 - [21]
 

Originally by: heheheh
your missing the point tho, you cant compare an hours work to an hour playing a game though surely.
one is fun, one is horribe, alot of people actually anjoy doing missions for some reason.
Also if all it takes for you to enjoy Eve is alot of ISK to buy ships with then more power to you, i wish it was the same for me, i need more that "Some stuff" to enjoy myself in game.


I'm not missing any point. The point I see is that busybodies like to tell others how to spend their real life cash. As though giving money to CCP is an evil endeavor. Also I wasn't comparing an hours work to an hour of game play. I was comparing an hour of work with several hours of game grinding, grinding to make ISK.

I never said "all it takes is ISK to enjoy EVE". If ISK is all it takes, why did I buy a mining toon? I bought the toon to go mining. I find it relaxing, but didn't want to grind for a year to get the quality of Miner I just bought. ISK in itself means nothing. It's what it can buy that is the fun part...

Alexeph Stoekai
Stoekai Corp
Posted - 2010.08.21 14:05:00 - [22]
 

Edited by: Alexeph Stoekai on 21/08/2010 14:12:29
Originally by: Eternum Praetorian

Obviously I did not, that really isn't worth it to me. No I am not poor and no I do not get an allowance, I work it the medical field. It is just that 15 bucks is simple not = 300M isk in game in my mind. That is kind of stupid and is just showering CCP with real life cash for digital 1's and 0's.
15 bucks = 30 days of playtime.

CCP aren't making any real profits off GTCs and PLEXes, because the income generated from them is offset by an almost equal loss in subscription fees. (Player A buys GTC for 30 bucks, makes two PLEXes. Players B and C buy PLEXes with ISK, instead of paying for subscription fees 15 bucks each)

CCP doesn't decide what the GTC-ISK exchange rate is, that's up to the players depending on supply and demand. If you don't like it, don't do it.

Paeniteo
Vengeance Imperium
Wildly Inappropriate.
Posted - 2010.08.21 14:16:00 - [23]
 

Hypothetical situation:

I can get 300 mil by doing, say, 10 hours of incredibly boring mission running.

OR

I can ask my boss for 10 extra hours of work, get paid approximately $200, spend $35 on GTC, sell them for 600 mil and invest $165 into my undoubtedly massive rubber fist collection.

Flardowell
Posted - 2010.08.21 14:31:00 - [24]
 

Originally by: Alexeph Stoekai
Edited by: Alexeph Stoekai on 21/08/2010 14:12:29
Originally by: Eternum Praetorian

Obviously I did not, that really isn't worth it to me. No I am not poor and no I do not get an allowance, I work it the medical field. It is just that 15 bucks is simple not = 300M isk in game in my mind. That is kind of stupid and is just showering CCP with real life cash for digital 1's and 0's.
15 bucks = 30 days of playtime.

CCP aren't making any real profits off GTCs and PLEXes, because the income generated from them is offset by an almost equal loss in subscription fees. (Player A buys GTC for 30 bucks, makes two PLEXes. Players B and C buy PLEXes with ISK, instead of paying for subscription fees 15 bucks each)

CCP doesn't decide what the GTC-ISK exchange rate is, that's up to the players depending on supply and demand. If you don't like it, don't do it.


Now i'm really hoping your a troll, because your deductive reasoning skills suck. CCP makes money everytime they sell a plex and gtc. They don't care WHO gets it, they care that they are getting paid. So yes, char A buys a gtc, sells to char B and C for isk, CCP still made out with 2 months of subscription paid, and char A still would have to figure out his subscription. Don't be a moron, plex's and gtc's are a great way for players to play and get isk for those that don't, but CCP is making off like a bandit here, kudos to them.

Tippia
Caldari
Sunshine and Lollipops
Posted - 2010.08.21 14:45:00 - [25]
 

Edited by: Tippia on 21/08/2010 14:46:36
Originally by: Flardowell
Originally by: Alexeph Stoekai
CCP aren't making any real profits off GTCs and PLEXes, because the income generated from them is offset by an almost equal loss in subscription fees. (Player A buys GTC for 30 bucks, makes two PLEXes. Players B and C buy PLEXes with ISK, instead of paying for subscription fees 15 bucks each)
Now i'm really hoping your a troll, because your deductive reasoning skills suck. CCP makes money everytime they sell a plex and gtc. They don't care WHO gets it, they care that they are getting paid. So yes, char A buys a gtc, sells to char B and C for isk, CCP still made out with 2 months of subscription paid, and char A still would have to figure out his subscription.
The point is: CCP doesn't make that much more money from it ($2.50/mo minus whatever the seller gets), because in buying those PLEXes, B and C don't buy subscription time. Like he says: the money they make in selling GTCs are offset by an almost equal loss in subscription fees.

So why you're saying that his deductive reasoning sucks is well, sounds more like you didn't quite read what he wrote, tbh.

Paeniteo
Vengeance Imperium
Wildly Inappropriate.
Posted - 2010.08.21 14:51:00 - [26]
 

Actually they are making more money because many of those people would not be able to afford the subscription fee, have no means to pay it, or are simply unwilling to hand over legal tender. I.e. people who wouldn't be playing at all if it weren't for PLEX trade. It creates customers.

Chesty McJubblies
Gallente
Center for Advanced Studies
Posted - 2010.08.21 14:52:00 - [27]
 

Originally by: Creedsface
Correct me if im wrong but didnt a 30 day time code use to sell for 580 M?? or is just me who forgot stuff while i been away?


lol Rolling Eyes

Akita T
Caldari Navy Volunteer Task Force
Posted - 2010.08.21 15:18:00 - [28]
 

Edited by: Akita T on 21/08/2010 15:24:07

Originally by: Creedsface
Correct me if im wrong but didnt a 30 day time code use to sell for 580 M ?

Consider yourself corrected.
30 days of gametime has never sold for an average price even remotely close 580 mil. 60 days of gametime, yes, but not 30.
Also, in the very, very old days, you could get 30 days for around 100 mil or less and 90 days for 270 mil or thereabouts.

Originally by: Creedsface
a 60 day game time code only sells for 600 M. Anyone care to explain to me why they sell for that little ?? when u consider they cost 35$.....

A "serious" highsec mission-runner earns maybe 40 mil ISK/hour per account tops. A hardcore 0.0 player might earn 100 mil ISK/hour. The average player most likely earns much, much less than any of that.
Heck, let's call that as 1x 60-day GTC's being worth equals 10-20 hours of ingame toiling, give or take, for MOST people that buy GTCs.
In real-life, that would be the equivalent of a 1.75$-3.5$/hour wage, depending on (relatively average) player.
Of course, some players would have a much different equivalency rate (and they seem to be the ones mostly purchasing gametime with ISK by the looks of it).

If anything, as far as I am concerned, 600 mil ISK per 60-day GTC is whole heaps of ISK too much, and I would consider anything between 150 mil and 300 mil ISK to be a much fairer price range !
Then again, around 600 mil ISK is where the overall game supply and the overall game demand has pegged the actual overall fair price to be.

Cipher Jones
Minmatar
Posted - 2010.08.21 15:24:00 - [29]
 

Originally by: Alexeph Stoekai
Edited by: Alexeph Stoekai on 21/08/2010 14:12:29
Originally by: Eternum Praetorian

Obviously I did not, that really isn't worth it to me. No I am not poor and no I do not get an allowance, I work it the medical field. It is just that 15 bucks is simple not = 300M isk in game in my mind. That is kind of stupid and is just showering CCP with real life cash for digital 1's and 0's.
15 bucks = 30 days of playtime.

CCP aren't making any real profits off GTCs and PLEXes, because the income generated from them is offset by an almost equal loss in subscription fees. (Player A buys GTC for 30 bucks, makes two PLEXes. Players B and C buy PLEXes with ISK, instead of paying for subscription fees 15 bucks each)

CCP doesn't decide what the GTC-ISK exchange rate is, that's up to the players depending on supply and demand. If you don't like it, don't do it.


Ah, you fail to see how it works. CCP makes a ****-TON of money off of them, heres how:

People who normally would not play the game because they are poor, cheap, or unable to pay for whatever other reason can now play.

I've got 4 friends of mine to play eve. 2 buy plexes, 2 pay. They (CCP) now get $17.49x4 per month in addition to my 17 clams. They would only get 2/5ths of that money if they didn't offer the plex system.


Tippia
Caldari
Sunshine and Lollipops
Posted - 2010.08.21 15:35:00 - [30]
 

Originally by: Cipher Jones
Ah, you fail to see how it works. CCP makes a ****-TON of money off of them, heres how:

People who normally would not play the game because they are poor, cheap, or unable to pay for whatever other reason can now play.
Whether or not they make a crapload on it or not depends on how many you assume are playing that wouldn't otherwise be able to.

and I somewhat doubt that it's all that many. Although, I do think that quite a few alt accounts would get dropped without it, so I guess the effect is much the same.


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