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blankseplocked PLEX price... have you seen it?
 
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Atomyc'al
Posted - 2011.05.29 21:30:00 - [1]
 

What in the world is happening with PLEX prices ?
it's insane!

any discussion on the topic i might have missed ?

Brock Nelson
Posted - 2011.05.29 21:32:00 - [2]
 

PLEX discussion below...have you seen it?

Dibsi Dei
Salamyhkaisten kilta
Posted - 2011.05.29 21:33:00 - [3]
 

for some reason people want to wear clothes even though they are sitting all alone in the captains quarters

Icanti
Posted - 2011.05.29 21:37:00 - [4]
 

Edited by: Icanti on 29/05/2011 21:37:43
Bubble.

We've seen it before in the plex market. Plex for fanfest anyone?

This is Eve we are talking about here, do CCP really think the people who play eve will pay for items which have no use? (Edit-And things that hardly anyone will ever see)

If people who play Eve cared about about things looked, they'd be playing a different game.

The Illustrious Juden
Posted - 2011.05.29 21:39:00 - [5]
 

Oh, didn't notice, I've been postulating about how science can't really find answers for the deeper human need.

Caldari Citizen20110707
The Official Hyperdallas Fanclub
Posted - 2011.05.30 11:27:00 - [6]
 

Its parth of ccp action to reduce amount of plex consumed ingame. After cosmic buff they saw a 15% increase in people buying plexes and no more rl $$ for ccp (explains first plex rise). Now ccp scared everyone out 0.0 into boring mission running they bought up all plex with alts and relist for higher. On this way ccp can fund the new station interieur develop ments and 2 other games they are develeping with eve funds.

Steve Thomas
Minmatar
Sebiestor Tribe
Posted - 2011.05.30 18:52:00 - [7]
 

actualy theres realy nothing keeping CCP from deciding that they need another 15,000 this month for whatever reason so why not dump enough ISK on the market to buy up 1000 low bids then just delete thoes Plex.

Voddick
Posted - 2011.05.30 20:16:00 - [8]
 

Originally by: Steve Thomas
actualy theres realy nothing keeping CCP from deciding that they need another 15,000 this month for whatever reason so why not dump enough ISK on the market to buy up 1000 low bids then just delete thoes Plex.


Does anyone else remember a month or so ago when Dr. Eyjo said they are looking at PLEX price manipulation to reduce the appeal of RMT?

This may sound great (from a CCP business standpoint): CCP manipulates the PLEX prices higher and higher to reduce the time/return ratio of RMT shops. BUT, I believe we are approaching a tipping point where ISK PLEX purchases are becoming out of reach for many 'casual' players. Thus, the manipulation actually lowers the demand for and supply of PLEX.

This is ofc speculation, but I would like to hear from others.

Mortimer Civeri
Gallente
Federal Navy Academy
Posted - 2011.05.30 20:48:00 - [9]
 

I don't know what ISK sellers are charging for the equivalent of $35 USD, but if CCP is trying to manipulate PLEX to match, that is the most ******ed thing imaginable, but it is CCP so what ever.

egola
Amarr
Posted - 2011.05.30 21:44:00 - [10]
 

Edited by: egola on 30/05/2011 21:44:15
Originally by: Mortimer Civeri
I don't know what ISK sellers are charging for the equivalent of $35 USD, but if CCP is trying to manipulate PLEX to match, that is the most ******ed thing imaginable, but it is CCP so what ever.


its horrible HORRIBLE to the gamers moral wise, but its one of the smartest move (the implementation of aurum) in the business sense. you are both eliminating outside RMT, encourage your OWN RMT, while removing liabilities in place of what? in-game pixels that they already developed?

Vladya Blade
Posted - 2011.05.31 14:13:00 - [11]
 

"for some reason people want to wear clothes even though they are sitting all alone in the captains quarters"

this Cool

next time/patch we will pay in Argintum to take a look when they change clothes

Mortimer Civeri
Gallente
Federal Navy Academy
Posted - 2011.05.31 15:41:00 - [12]
 

Higher plex costs would mean more isk spent keeping RMT bot accounts subbed but I imagine RMTers sell on "$$$ for X Billion Isk" instead of "$$$ for one PLEX" so really the biggest concern they would have is whether they have enough isk coming in to supply the more RMT orders coming in due to buyers needing more isk to cover higher plex prices and I'd imagine that isn't a problem (or its a problem they want.)

Akita T
Caldari Navy Volunteer Task Force
Posted - 2011.05.31 17:26:00 - [13]
 

Edited by: Akita T on 31/05/2011 17:34:56
Originally by: Mortimer Civeri
I don't know what ISK sellers are charging for the equivalent of $35 USD, but if CCP is trying to manipulate PLEX to match, that is the most ******ed thing imaginable, but it is CCP so what ever.

Originally by: Mortimer Civeri
Higher plex costs would mean more isk spent keeping RMT bot accounts subbed but I imagine RMTers sell on "$$$ for X Billion Isk" instead of "$$$ for one PLEX" so really the biggest concern they would have is whether they have enough isk coming in to supply the more RMT orders coming in due to buyers needing more isk to cover higher plex prices and I'd imagine that isn't a problem (or its a problem they want.)

That's not quite how it works.

RMTers have to adjust their ISK sales price in such a way as to have the ISK worth of PLEX cost noticeably less than actually buying a PLEX with RL from CCP (otherwise, people would have no reason to risk buying ISK), so basically, they end up getting less cash for the same amount of ISK, and they don't receive a different total amount of cash from people purchasing ISK to purchase PLEX (or purchasing PLEX directly from them).

Also, since the "I want this ship and that fit" people generally "purchase X amount of ISK" (with less regard of $ cost) not "spend Y$ on however much ISK it buys", with people needing roughly the same amount of ISK in-game, RMTers see a downwards trend in their total revenue while selling more or less the same amount of ISK to these types of people.
Remember, they HAVE to decrease their ISK sales price to noticeably below the legal via-PLEX exchange rate, otherwise nobody would be foolish enough to bother (they'd just buy GTC/PLEX from CCP and sell for ISK instead of going to a RMTer).

So overall, RMTers either have to shell out more ISK or make less RL money (or a bit of both) whenever PLEX prices are higher.
Trust me, RMTers would like PLEX prices in ISK to be as low as possible, not the other way around.

moneykeeper
Posted - 2011.05.31 18:01:00 - [14]
 

Could be that less people are selling plex, due to the economic depression in the US. Or maybe CCP are manipulating the market. It is also possible that this is just speculation ahead of CCP's swindling microtransaction insanity. Or some combination of all of these.


Diomedes Calypso
Aetolian Armada
Posted - 2011.05.31 18:58:00 - [15]
 

Originally by: moneykeeper
Could be that less people are selling plex, due to the economic depression in the US. Or maybe CCP are manipulating the market. It is also possible that this is just speculation ahead of CCP's swindling microtransaction insanity. Or some combination of all of these.




The economic situation was worse a year ago - even if not good its not worse

If CCP were manipulating the price, I'd think it would be to keep it from rising too much higher too quickly from 400... probably slighlyt above an ideal price for sales and game balance today.. next year? thats another matter.

There is no question that introducing another use for plex and the antipation of it would be a push to net accumulation of plex now, and pushing upward of the needed supply in the future --- if the pace of introducing plex doesn't rise the price will rise till demand and supply meet (but that could potentially be at a price where both demand and supply are lower than today if left to free market balancing)

CCP has taken one material and already availble step to increase supply of plex: the plex for buddy invite option. Obviously it hasn't been enough to maintain the price level although its pretty new.

The big enchilada questions for me would be
....what is the pace of new subscriptions all things being equal, people will stop selling plex for isk as the begin to lose interest but will keep accounts active, especially those with huge piles of isk .....I beleive a shrinking player base would tend to send plex prices upward somewhat , but of course at a high enough level people will start matching the decrease by closing alt accounts too...still there is built in tendency for a disparity.

Wars... there have been large wars continually since the beginning of the year, with more capital losses than ever. I'd imagine the first time or two someone lost a carrier , they'd be more likely to break out a credit card to replace it than they would subsequently.

While the majority of players have farmed or traded or manufactured for their capitals, even 5% of the losses being covered with plex sales would be significant as each carrier is more than 2 months play but was 3 plexes not long ago.... a super carrier is 80 Plex (thats 6 accoutns for a year) . Given the size of these demands they play a signicant part of the supply equation even if they are not the most common plex sale situation. If people are getting burned out and have lost their share, that could cutting a 5% replacement with $ rate to a 3% replacement with $ rate could drop plex supply 10%?maybe even if less if there were equilibrium at a lower level that would be an issue.


Zee Death
Posted - 2011.05.31 23:52:00 - [16]
 

I love it... UP UP UP to around 450-480M
At last my GTC's are now worth trading for ISK.

For all you others... Work harder dogs...

Stealing Honest
Stealing Honest Speculation Group LLC
Posted - 2011.06.01 00:04:00 - [17]
 

1b plex or bust!

Mr Dilkington
Posted - 2011.06.01 01:18:00 - [18]
 

I cant get in game for a few days, how high is it ?

Paladinhunt
Posted - 2011.06.01 04:17:00 - [19]
 

Rev up those protein delicacies!

Takashi Sato
Posted - 2011.06.01 05:51:00 - [20]
 

Some cant afford to pay for their game through cash and rely on buying plex to keep their accounts active. Over 400m and one account almost has to work at making isk 40 hours a week to keep the isk rolling in fast enough.

Diomedes Calypso
Aetolian Armada
Posted - 2011.06.01 06:02:00 - [21]
 

Originally by: Takashi Sato
Some cant afford to pay for their game through cash and rely on buying plex to keep their accounts active. Over 400m and one account almost has to work at making isk 40 hours a week to keep the isk rolling in fast enough.


are you trying to pay for plex running level 2 missions ?

Murauke
EvE Cookie Collective
Posted - 2011.06.01 08:54:00 - [22]
 

I tried to come up with an answer to this before and got burned, the way i see it, people are not subbing their accounts so plexes are not being generated.

Xylorn Hasher
Posted - 2011.06.01 09:48:00 - [23]
 

It is all player manipulation on PLEX prices as we have seen many times ago with a diffrence that CCP made another use for PLEX.
I expect that CCP will expand with micro transaction idea. Maybe station rental fee for bars and shops payed in new currency who knows.
After all they did microtransactions for purpose and once implemented it won't be step back in my opinion.
Of course it is in CCP best interest to keep PLEX prices at high level and force players to pay for game real cash or leave which will be also good for game as they aren't valuable customers from CCP's point of view. ( doesn't pay for game )


Why? because less number of hisec Farmers for Plex (FFP) will make prices of items go high and make Eve economy healthier.

In conclussion.
I'm afraid its beginning of end paying for game by ISK.
We have to remember that summer holydays are coming which always make PLEX prices high. I'm expecting them to rise above 500m this summer.

I think PLEX prices will stabilise on new level propably around 450m in time ( after summer holydays )and stay on that level unless CCP will expand with micro transaction idea.

Anyway it's great time for speculation on PLEX market.

Wish you great profits

Cpl Ferro
Posted - 2011.06.01 10:13:00 - [24]
 

Edited by: Cpl Ferro on 01/06/2011 10:21:08
TLDR Version:

Makes the prices rise:
- Players who for some reason cannot pay for their account(s) that require game time
- New shiny things on the horizon
- Belief that the prices will be higher -> Players with lots of ISK investing in PLEX


Might make the prices lower:
- Investors begin to sell their stockpiled PLEX

Though the PLEX value will obviously never crash completly, since there always will be people who want to play for free.


Drama:
Ironically, the players who are speculating in PLEX (like the poster above) make the prices higher. Some of these players are the same players who generally use PLEX to pay for their accounts and complain when the prices get higher.

Aoki Ayumi
University of Caille
Posted - 2011.06.01 12:00:00 - [25]
 

Originally by: Cpl Ferro
Edited by: Cpl Ferro on 01/06/2011 10:21:08
TLDR Version:

Makes the prices rise:
- Players who for some reason cannot pay for their account(s) that require game time
- New shiny things on the horizon
- Belief that the prices will be higher -> Players with lots of ISK investing in PLEX


Might make the prices lower:
- Investors begin to sell their stockpiled PLEX

Though the PLEX value will obviously never crash completly, since there always will be people who want to play for free.


Drama:
Ironically, the players who are speculating in PLEX (like the poster above) make the prices higher. Some of these players are the same players who generally use PLEX to pay for their accounts and complain when the prices get higher.


CCP and everybody, please, read this. Now read it again.
Now, please, CCP low down the plex prices. STOP THIS MADNESS.
Thanks.

Steve Seninard
Posted - 2011.06.01 22:08:00 - [26]
 

Originally by: Aoki Ayumi
Originally by: Cpl Ferro
Edited by: Cpl Ferro on 01/06/2011 10:21:08
TLDR Version:

Makes the prices rise:
- Players who for some reason cannot pay for their account(s) that require game time
- New shiny things on the horizon
- Belief that the prices will be higher -> Players with lots of ISK investing in PLEX


Might make the prices lower:
- Investors begin to sell their stockpiled PLEX

Though the PLEX value will obviously never crash completly, since there always will be people who want to play for free.


Drama:
Ironically, the players who are speculating in PLEX (like the poster above) make the prices higher. Some of these players are the same players who generally use PLEX to pay for their accounts and complain when the prices get higher.


CCP and everybody, please, read this. Now read it again.
Now, please, CCP low down the plex prices. STOP THIS MADNESS.
Thanks.


Get a job.

Zee Death
Posted - 2011.06.01 22:12:00 - [27]
 

Edited by: Zee Death on 01/06/2011 22:16:42
I got a 100 plex @ 350 2 weeks ago, now plex are 409M

I just realized, I made a cool (100x59M= 5900) 5.9 Billion less taxes.... wow, I'm doing this again, nothing ventured nothing gained.....

edit:

Look at it this way, if I'd bought 50 GTC's @ $34.99 = $1750, I would of got (@350M isk/ plex) 35 Billion but now it's worth (2 weeks on) 40.9 Billion.

Vincent Athena
Posted - 2011.06.02 20:27:00 - [28]
 

Just checked the Jita PLEX price. 401M, just a little higher than it was before the Aurum was announced. Id say things are rather stable, and not insane.

A quick google search found that RMT ISK is selling for 400m for $11.00 vs 1 PLEX per $17.50 from CCP.

Vilgan Mazran
Aperture Harmonics
K162
Posted - 2011.06.02 22:42:00 - [29]
 

I confess to speculating a bit, but more to protect myself. I bought 30 for 400ish. I wouldn't be surprised at all to lose money on it. However, I pay for everything via plex so it is kind of hedging my bets as I don't want to end up forking over 500M-600M or some nonsense for a plex around midsummer because prices are going ape**** with speculation and whatnot. I would be surprised to see it plummet to 250ish again (and I can just hold on to them for a bit if that happens) so not a huge risk to get some protection against some possibly extortionate plex prices later.

Alter X
Posted - 2011.06.03 02:32:00 - [30]
 

Originally by: Cpl Ferro
Edited by: Cpl Ferro on 01/06/2011 10:21:08
TLDR Version:
Might make the prices lower:
- Investors begin to sell their stockpiled PLEX



I think you missed the major factor here - demand for plexes.

There are a couple of opposing factors at play here, with AUR coming into play, that's going to increase the demand for plex as more players who don't currently buy it will buy some just to bling their character in CQ a bit... whether this will just be a short-term issue until they're bored with CQ or lasts longer is unknown at this stage (walking around for 10 mins on the test server pretty much exhauseted my need for it!).

On the down side:

- The higher prices go, the more players will disable some of their alt accounts... I know some people who have 9 accounts all paid for by plex - there has to come a point where some of those will need to be shut down.

- With more botters getting banned, that'll disable more accounts currently paid for by plex

- ...and the big unknown one right now - how many players will we lose when the Incarna patch hits and their computers can no longer satisfactorily run EVE... the number who can't start it may be quite low, but there will be a lot of people who have pixel shader 3 cards who simply will no longer have the performance they need.... this could turn out to be a blip, or a real concern for the short-medium term.

- CCP plex regulation: I think CCP will want to keep the plex price quite low - it's in their best interest to make people buy 3 plex if then need 1bil isk... not just 1 or 2. That will also serve to keep the number of alt aco****s players use higher (makes the overall subscription numbers look good), but at the same time they need to keep the balance there so it's still worth it for players to spend the cash. I don't think the price would need to get much higher before CCP start flooding the market with extra plex on fake player accounts to drive the price back down under the 400m mark.


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