Market Discussions

So, sell side orders have already breached 400m per unit in Jita - anyone want to place bets on when CCP will crash the price again with a new promotion?

I think ccp can sustain this price.

CCP should add docking fees to NPC stations based on standings, best ISK sink ever.

Did you stop and think that with the rise in cost of plex thanks to the NEXstore that people might want to get a little more isk for their buck. Besides the promo which was a great idea imo. plex now cost more than a month of eve, where pre nexstore plex was the same amount as a month of eve. If you want to complain, complain about a game card costing more than the game.

The ONLY thing CCP can do to crash the PLEX market is get more players into the game and buying GTCs and PLEX to sell for isk. So with any luck the most recent dev blogs are the sign you are looking for.

What CCP wants is to increase the number of PLEX and GTC people buy for cash. To the extent that higher PLEX prices (in isk) make those PLEX more valuable to players and make them more likely to spend their cash on them, yes. But if you assume that CCP cares only about the price of PLEX, then that path leads to all kinds of wacky theories. They are far more concerned about the number of PLEX converted than the market price.

Edit: Many of us older players have multiple alts all paid for by PLEX. If the price of PLEX ever rose so high that we decided to cut back on our PLEX usage we'd probably be more likely to reduce the number of our accounts than to start paying real life money for Eve again.

Technically, no. Someone bought the PLEX, so someone paid your sub for you. The concern is either
a) people paying with PLEX might find it easier to quit playing (stockpiled isk being perceived as being less valuable than paying for a sub with real money, thus the perceived value of an Eve sub is reduced,)

b) people paying with PLEX might not be actually playing (i.e. just logging in for skill training) and are not contributing to the Eve community (community helps to make subs sticky,) or

c) the PLEX being used was bought a long time ago, which reduces current income. Meaning, the PLEX was bought a few quarters ago, CPP has already spent the PLEX income a few quarters ago, which means there is less income this quarter.


Also, if the PLEX prices go up, then CCP might lose the PLEX only player who finds grinding isk no longer worth the effort.

PLEX manipulation is underway. Prices are now selling at 430mil

My point is that CCP doesn't (or shouldn't) worry about the equilibrium. Any student of Econ 101 will tell you it will take care of itself.

What CCP cares about is lifting both the supply and demand curves. If demand rises faster than supply prices will go up. If supply rises faster than demand prices will go down.

CCP has access to information we traders don't. They know how many people are paying cash for PLEX and GTCs to convert to PLEX. They know how many subscribers are using PLEX to pay for game time. In other words, they know the actual end-user supply and demand. They don't have to stare at the tea leaves of the market to determine what direction things are going in.

They are however concerned about short-term shocks caused by CCP action. The case in point was Incursions that brought in a lot of new players who bought GTCs to sell for isk while simultaneously returning learning skill points causing a massive surge of capital skill book purchases and a huge isk sink. If it happens again, CCP plans to temporarily buy up surplus PLEX to support prices and inject isk into the market.

their gonna push it to 500, at which point I suggest you take down your buy orders.

1)
I didn't see a flood of people last month nor the month before that.
I see winter coming, AKA, Slow months.
I see a few new shiny super-titans in the peoples garages who are pulling this off.
I see mineral prices growing at an alarming rate, over a very short period of time.
I see myself doing the exact same thing with 1 trillion or more ISK on hand.
I see my cup of coffee getting cold, so I will stop here.

2)
Because that's exactly what I would do.


Only other option is, 2 penny basher's are tugging on that penny and a new type of wire made out of plex is about to be introduced into the eve online merchant community, with the unfortunate side effect of plex prices going up temporally.