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So Plex Prices climbing again

Author
Cutter Isaacson
DEDSEC SAN FRANCISCO
#81 - 2012-08-18 02:33:48 UTC
With recent changes to game play perhaps more people are reactivating old accounts. Then there is the fact that mining is now easier so perhaps more mining noobs are activating accounts with PLEX, or just existing players creating more mining alts using PLEX.

Then there is the summer holidays to consider. Lots of us basement dwelling nerds have a few weeks off work, buy a few PLEX with the money we saved by NOT going out (ever) and using the resultant ISK to buy ourselves shiny to lose over the holidays. All of which seems a million times more likely than "ermergerd lervel furs" or any other such hysterical uneducated nonsense.

Not exactly rocket science now is it?

"The truth is usually just an excuse for a lack of imagination." Elim Garak.

James 315
Experimental Fun Times Corp RELOADED
CODE.
#82 - 2012-08-18 02:45:46 UTC
Mo' isk, mo' problems. Personally I'd love to see PLEX double or triple in price. Smile
Herping yourDerp
Tribal Liberation Force
Minmatar Republic
#83 - 2012-08-18 05:56:42 UTC
More players need plex, I would guess quite a few people are making mining alts since you can set one up to ice mine nd only check on it every few hours or so.
Dinsdale Pirannha
Pirannha Corp
#84 - 2012-08-18 06:45:25 UTC
James 315 wrote:
Mo' isk, mo' problems. Personally I'd love to see PLEX double or triple in price. Smile


I am mortified that I created a thread that prompted this cretin to post in.

I don't know what is more base, the fact that I created a thread that it attracts post from creatures like this, or that that the creature actually sullied the thread with a post.
Dinsdale Pirannha
Pirannha Corp
#85 - 2012-08-18 06:47:28 UTC
Herping yourDerp wrote:
More players need plex, I would guess quite a few people are making mining alts since you can set one up to ice mine nd only check on it every few hours or so.


If you are going to post, how about posting with some realistic numbers.
Every few hours.....really?

Can't you post some actual facts as opposed to complete fabrications?
Frying Doom
#86 - 2012-08-18 07:14:24 UTC
Herping yourDerp wrote:
More players need plex, I would guess quite a few people are making mining alts since you can set one up to ice mine nd only check on it every few hours or so.

Oh where do I buy this mining barge with a 'few hours' worth of Ore hold? Lol

Any spelling, grammatical and punctuation errors are because frankly, I don't care!!

Jonni Favorite
Red Slice Enterprise
#87 - 2012-08-18 07:27:14 UTC
Tamara Winters wrote:
PLEX prices are rising because less and less people are willing to pay to play the game.


So obvious and ninja at the same time, like ostrich heads in the sand: it's not there if I can't see it..
Ashera Yune
Doomheim
#88 - 2012-08-18 07:55:15 UTC
Its Aurum, NEX store, and CCP's clever scheme of allowing PLEXes to be haulable.


Inspired by the craptastic Korean Nexon cash shop (hence the name NEX)

Redeeming plex makes CCP more money as they no longer have to provide for an game time and instead give the redeemer a

few pixels that cost virtually nothing to copy.

Believe it or not microtransactions, despite being stupid to a normal player, is a valid source of profit.

People will pay money to buy pointless cosmetic items for their games (AKA TF2 HATS SYNDROME) - you can tell who these people are by looking at the ugly pipehole on their faces.

Why else do you think CCP implemented the ability to haul PLEXes out of the station? They knew clearly that there are morons who would transport PLEXes in haulers and get ganked.

A good chance that those plexes would be destroyed and gone forever, and making them more money as they do not have to provide any service for destroyed PLEX.

As a result we have what is called a Non Gametime Sink.

That is the destruction of PLEX from being ganked and having it redeemed for Aurum.

Now instead of PLEX being just used for gametime it is split into 3 different sinks.


The supply of PLEX has remained the same, but its rate of expenditure has tripled, causing price to go up.

"Yesterday we obeyed kings and bent our necks before emperors. But today we kneel only to truth."

 Kahlil Gibran

knobber Jobbler
State War Academy
Caldari State
#89 - 2012-08-18 08:33:17 UTC
Tamara Winters wrote:
PLEX prices are rising because less and less people are willing to pay to play the game.


Let's say eve has 300,000 subscribers, all 300,000 use plex. Ccp still gets 300,000 worth of subs. It makes no odds to them.
Ayllia Saken
School of Applied Knowledge
Caldari State
#90 - 2012-08-18 11:17:19 UTC  |  Edited by: Ayllia Saken
Folks have theorised that CCP would not like having too much PLEX in-game, as it represents an accounting liability.

I believe that this is true to a certain extent, but that it is far less worrisome for CCP than your average company. The extra, or marginal, cost of providing the game and server capacity for one extra player should be rather small compared to their current expenditure. This contrasts with a different company providing a physical product, where the costs are more linear.

If players suddenly create a thousand extra active accounts by utilising in-game PLEX, CCP will probably manage without the quality of play dropping too dramatically. Unless it was done deliberately in a co-ordinated fashion by a single group (at prohibitive cost), CCP would see it coming as their numbers spiked, and have some time to plan ahead.

Plus, PLEX are freely traded in a market they can control as much as they wish. If there is a surge in PLEX-fuelled accounts, the traders selling those PLEX's are going to jack up the price pretty quick. This will have the effect of slowing any sudden surge in server demand. CCP can count on a certain amount of enlightened self-interest by the PLEX traders.

On the negative side for CCP, they don't know when the debt will be called in, and so they probably have to provide a certain amount of ongoing spare capacity, which we all benefit from while there is unused credit floating around. They can probably safely assume it's not all going to be called in at once, but there is always the chance of getting caught out.

On the plus side for CCP, they get their hands on our money, at a premium, well ahead of the service being called upon. Just sticking it in a bank account will earn them even more money. I'm not saying they do this, just that they have the opportunity to earn a return on the money.

I suspect they've priced it so they turn a profit, even allowing for a certain chance of the unexpected. A tidy profit will no doubt salve the frazzled nerves of their accountants when it comes to deal with the the liability PLEX represents.

As others have said, PLEX is a rather nifty setup by CCP, which I have to agree with.
Jojo Jackson
Dead Red Eye
#91 - 2012-08-18 11:20:01 UTC
Zagdul wrote:
Jojo Jackson wrote:
0.0 anoms produce 100m+ ISK/hour just from rat-bounty.
L4 aren't even half that productiv!

Ice and Ore does not produce any ISK at all. It generates Ice/Ore ONLY (which then is transfared to ISK over the market, yes).

So if there is any inflation it comes from 0.0 anoms!


PS: nice market manipulation thread ;)
- buy plex for alll your money
- cry at forum "THE SKY IS FALLING!!!!"
- sell and profit :p



Null Sec isn't heavily ratted as lvl 4 missions are. The ratio of null sec dudes running anoms to empire mission runners injecting isk into the economy is very skewed in favor of empire. Go read the blog to where the majority of isk generated comes from.

Hint: its not null sec.

Does not chang the fact, that 0.0 Anoms are MUCH more profitable then L4s.

And does not change the fact, that mining produce NO ISK at all ;).
Just ore.

Why the hell can't I fitt capital repairs or shield booster on an Orca ... it's an CAPITAL ship!

Vincent Athena
Photosynth
#92 - 2012-08-18 12:56:09 UTC  |  Edited by: Vincent Athena
The bubble has burst. PLEX below 500 m at Jita (487 m buy). I suspect CCP's PLEX sale helped, but bubbles have this tendency to burst all on their own.

Hope all you speculators did not get caught too badly.

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Celeste Taylor
Ruby Dynasty
#93 - 2012-08-18 22:23:21 UTC
IMO buying PLEX is like buying gold IRL. The relative value of ISK versus the USD is always in flux, but PLEX is rather stable. I have converted all of my excess ISK into PLEX (pre spike) and despite ISK fluctuations the PLEX has a more solid foundation in real money value. Doesn't mean that I wouldn't be a bit sad if PLEX dropped below 300m.
Mallak Azaria
Caldari Provisions
Caldari State
#94 - 2012-08-18 22:27:12 UTC
Dinsdale Pirannha wrote:
Null sec/ anti-high sec zealots used that increase as an opportunity to scream "Plex price increases = runaway inflation caused by high sec incursion runnners. CCP, please destroy incursion running."

Which CCP then did.


If you think that there was nothing wrong with making 1 billion isk a day for killing a total of 60 rats with 10 other people in highsec, then I don't know what to tell you.

This post was lovingly crafted by a member of the Goonwaffe Posting Cabal, proud member of the popular gay hookup site somethingawful.com, Spelling Bee, Grammar Gestapo & #1 Official Gevlon Goblin Fanclub member.

Andski
Science and Trade Institute
Caldari State
#95 - 2012-08-18 22:30:44 UTC
Mallak Azaria wrote:
If you think that there was nothing wrong with making 1 billion isk a day for killing a total of 60 rats with 10 other people in highsec, then I don't know what to tell you.


...and before anyone mentions that incursions are dangerous, here's a shocker: they're actually not.

Twitter: @EVEAndski

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths."    - Abrazzar

Robaleiro
Tricky Anjos
#96 - 2012-08-19 02:22:19 UTC
Who cares about the price of plex?

This is just a internet game. It is not like you guys are part of CCP, or employees. It is about 15 bucks a month, and you don't have even to pay it.

Buy a mack and go to mine ice, after all, pirates lost theirs fun

Jojo Jackson
Dead Red Eye
#97 - 2012-08-19 03:30:00 UTC  |  Edited by: Jojo Jackson
Robaleiro wrote:

Buy a mack and go to mine ice, after all, pirates lost theirs fun

All you get is Ice in the first place. NO ISK.

If to much ISK is in the game CCP has to look where ISK comes from:
- killing Rats
- mission reward+bounty

If most ISK comes from Rats -> Rat-bounty must be lowered (ALL regions!! not only L4s or Low or Null sec).

If mission bountys produce to much ISK -> mission bountys must be lowered.

And we all know ... mission bountys are a joke compared to rat bounts ;).

Just to take an example let's look at QYXM-W.
4488 rats killed last 24h.
Everage rat bounty in -1.0 is? 1,5m ISK?
That's 6.732.000.000 ISK generated the last 24h.

6.732 BILLION ISK/24h just from one system!

PS: and i used a random system by opening the ingame map with statistics. Now take ALL 0.0 system and count all rats killed. I do any bet it will come close to one trillion isk/24h just from 0.0 rats.

Why the hell can't I fitt capital repairs or shield booster on an Orca ... it's an CAPITAL ship!

bathalus
Brutor Tribe
Minmatar Republic
#98 - 2012-08-19 03:49:57 UTC
As a old toon just returning, let me add my thought's(probably outdated)Lol


I think a major problem is just the PLEX in the first place.

This started with ETC and just seems to have got worse, I really do think there is something objectionable to a player replacing in-game losses with out-of game money.

It means no matter how skill fully u may play, daddy can buy PLEX for his TOON and replace losses that in-game would take week's or months.

That's my take, fire away...Ugh
Hakaru Ishiwara
Republic Military School
Minmatar Republic
#99 - 2012-08-19 04:52:50 UTC
Jojo Jackson wrote:
Robaleiro wrote:

Buy a mack and go to mine ice, after all, pirates lost theirs fun

All you get is Ice in the first place. NO ISK.

If to much ISK is in the game CCP has to look where ISK comes from:
- killing Rats
- mission reward+bounty

If most ISK comes from Rats -> Rat-bounty must be lowered (ALL regions!! not only L4s or Low or Null sec).

If mission bountys produce to much ISK -> mission bountys must be lowered.

And we all know ... mission bountys are a joke compared to rat bounts ;).

Just to take an example let's look at QYXM-W.
4488 rats killed last 24h.
Average rat bounty in -1.0 is? 1,5m ISK?
That's 6.732.000.000 ISK generated the last 24h.

6.732 BILLION ISK/24h just from one system!

PS: and i used a random system by opening the ingame map with statistics. Now take ALL 0.0 system and count all rats killed. I do any bet it will come close to one trillion isk/24h just from 0.0 rats.
1.5M ISK Bounty / Rat is on the high-end. There are relatively few rats with such a high bounty... maybe 2 out of every 10 in decent anomalies; perhaps 4 / 10 in belts, but belt rat refresh rates are far too slow to generate that volume of kills.

Rather, I'd peg the average closer to ~800k. If you are throwing in all of the little crap rats in belts or lesser anoms, then ratchet that average down even further.

+++++++ I have never shed a tear for a fellow EVE player until now. Mark “Seleene” Heard's Blog Honoring Sean "Vile Rat" Smith.

Hakaru Ishiwara
Republic Military School
Minmatar Republic
#100 - 2012-08-19 04:58:48 UTC
bathalus wrote:
As a old toon just returning, let me add my thought's(probably outdated)Lol


I think a major problem is just the PLEX in the first place.

This started with ETC and just seems to have got worse, I really do think there is something objectionable to a player replacing in-game losses with out-of game money.

It means no matter how skill fully u may play, daddy can buy PLEX for his TOON and replace losses that in-game would take week's or months.

That's my take, fire away...Ugh
I respect your argument.

To play devil's advocate, what if 'daddy' doesn't have a ton of disposable time on his hands to recoup that ISK, but he does have a chunk of disposable cash with which to buy GTCs / PLEX and that can help to keep him engaged and active in-game with his mates?

To me, that seems like a fair trade as I'd rather see more active people in-game and doing stuff rather than have potentially valuable mates quit because they can't afford the time to grind up ISK for pew pew ships.

+++++++ I have never shed a tear for a fellow EVE player until now. Mark “Seleene” Heard's Blog Honoring Sean "Vile Rat" Smith.