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So CCP, any comment on Plex Prices?

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Jonah Gravenstein
Machiavellian Space Bastards
#21 - 2012-09-27 22:15:37 UTC
Hmm lets see, it's an unregulated market place, some players have obscene amounts of ISK to speculate with and some have none, nothing to see here Roll, move along to the next instance of tinfoilery.

In the beginning there was nothing, which exploded.

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Gogela
Epic Ganking Time
CODE.
#22 - 2012-09-27 22:21:59 UTC  |  Edited by: Gogela
Here I made this just for you: about 3 years of PLEX price history for 27th of SEP. ...and there's always a price spike around the winter expansion....

Edit: Credit to EvE Market Data

Signatures should be used responsibly...
Deryk Kyeld
Republic Military School
Minmatar Republic
#23 - 2012-09-27 22:28:10 UTC
PLEX prices are fine, if anything they're valued too low. ISK is so easy to get right now, not counting FW farming.
Rengerel en Distel
#24 - 2012-09-27 22:40:23 UTC
Deryk Kyeld wrote:
PLEX prices are fine, if anything they're valued too low. ISK is so easy to get right now, not counting FW farming.


It's kind of interesting how the plex prices spike after a T5 cashout ... I'm sure FW had nothing to do with it though, and it's all a nullsec conspiracy backed by CCP.

With the increase in shiptoasting, the Report timer needs to be shortened.
Bagrat Skalski
Koinuun Kotei
#25 - 2012-09-27 22:41:52 UTC
Good i have PLEXed my account for next two years in advance. Now i can drink lemonade all day long, flying in my Hawk, searching for key to unlock door in CQ.

Custom ship skins, character creator style "repaint". Bring it!
Mallak Azaria
Caldari Provisions
Caldari State
#26 - 2012-09-27 22:43:39 UTC
Dinsdale Pirannha wrote:
Naturally, this thread will be hijacked by the null sec zealots screaming "nerf high sec!", but does anyone at CCP, who is not part of the null sec cadre, have any idea why plex prices are out of control, and have numbers to back it up?


Free market, which respondes to supply, demand & inflation.

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.
Generals4
#27 - 2012-09-27 22:44:02 UTC
Rengerel en Distel wrote:
Deryk Kyeld wrote:
PLEX prices are fine, if anything they're valued too low. ISK is so easy to get right now, not counting FW farming.


It's kind of interesting how the plex prices spike after a T5 cashout ... I'm sure FW had nothing to do with it though, and it's all a nullsec conspiracy backed by CCP.


The thing is. FW doesn't create any isks at all. So that isk has to come from somewhere else and as such other people should have less isks for plex's or need to sell more plex's. As such FW can't be an explanation on its own.

_-Death is nothing, but to live defeated and inglorious is to die daily. _
Dinsdale Pirannha
Pirannha Corp
#28 - 2012-09-27 22:50:06 UTC
As expected, bunch of posts pushing various agendas.
Frankly, I have no real clue what is causing a record high in price.

And I would truly like CCP to explain what is happening.
They have a wealth of numbers, and I would love for one of then to take up the challenge of deriving an explanation and providing it.
Gogela
Epic Ganking Time
CODE.
#29 - 2012-09-27 22:53:35 UTC  |  Edited by: Gogela
A lot of people use PLEX as a hedge against inflation too.... that's probably worth noting. I would imagine when they want to buy something they will liquidate some of their stocks. Something as huge as the modular POS system might do it... but we are SO light on details on the winter expansion it's hard to time things. We don't even know if modular POSs are going to be in it... might have to wait until summer. ...but I digress. I suspect we are close to having some substantial devblogs laid on us though. It should make things just slightly easier to predict.
Dinsdale Pirannha wrote:
As expected, bunch of posts pushing various agendas.
Frankly, I have no real clue what is causing a record high in price.

And I would truly like CCP to explain what is happening.
They have a wealth of numbers, and I would love for one of then to take up the challenge of deriving an explanation and providing it.

What good are numbers if you don't know what they mean? People in this thread are trying to explain how the PLEX is valued in the first place. You should listen... instead of begging for a graph without context and making up some lame simplistic theory to explain it.

Signatures should be used responsibly...
Surfin's PlunderBunny
Sebiestor Tribe
Minmatar Republic
#30 - 2012-09-27 22:59:23 UTC
I'm getting in on this so plex prices will now begin to drop, like everything I invest in Big smile

"Little ginger moron" ~David Hasselhoff 

Want to see what Surf is training or how little isk Surf has?  http://eveboard.com/pilot/Surfin%27s_PlunderBunny
Shizuken
Venerated Stars
#31 - 2012-09-27 23:01:13 UTC
Dinsdale Pirannha wrote:
Naturally, this thread will be hijacked by the null sec zealots screaming "nerf high sec!", but does anyone at CCP, who is not part of the null sec cadre, have any idea why plex prices are out of control, and have numbers to back it up?


As someone else said, what is wrong with them. Do you think CCP is secretly taking them from player hangars decreasing supply? Or do you think they should release a few thousand from their strategic reserve to soften demand?

The simple fact is, there is more demand relative to supply. Look at the trading volumes, if they are going up then demand is increasing. If they are flat or going down then supply is decreasing. Withou looking at the numbers, I actually think more people are consuming them instead of just flipping them. That is shrinking the quantity of them in circulation. Trust me, when they hit 1bil ISK CCP wont need to put them on sale to move them. Stop acting like you are entitled to expend a fixed amount of effort to play the game for free.
Omega Sunset
Black.Omega
#32 - 2012-09-27 23:02:14 UTC
I wonder how many plex are being sold vs. being used. I do think that supply is there, but mostly being held onto until the price is right. I sold one a couple months ago for the hell of it after a sale, it took 8 seconds, and I wouldn't be surprised if it's still sitting in someones stash waiting for resale. Well, they're here to stay, and since recent game updates driving interest, the price has never been higher, and I doubt will return to previous lows unless/until CCP screws up the winter expansion *cough - nerfs*.

But yeah, with easy ISK, more people are probably mass hording them for resale. imo if CCP turns off the gushing lowsec ISK spicket, quits trying to lure hisec peeps into lowsec (FW isk boon etc), maybe plex prices will stabilize. Just imo since I'm neutral in this, I don't use them but pay by the year (it's cheap) and EVE isn't my second job but do stuff simply for fun.

—Ω—
Paul Oliver
Doomheim
#33 - 2012-09-27 23:04:47 UTC
So what exactly does it take now a days to make enough isk to plex a single account with only one character?

Or have we reached a point where the price of plex has rendered that impossible.
Its good to be [Gallente](http://dl.eve-files.com/media/1209/QEQlJ.jpg).
Surfin's PlunderBunny
Sebiestor Tribe
Minmatar Republic
#34 - 2012-09-27 23:06:12 UTC
Paul Oliver wrote:
So what exactly does it take now a days to make enough isk to plex a single account with only one character?

Or have we reached a point where the price of plex has rendered that impossible.


Pfft, plex could be 2b each and people would still buy them P

"Little ginger moron" ~David Hasselhoff 

Want to see what Surf is training or how little isk Surf has?  http://eveboard.com/pilot/Surfin%27s_PlunderBunny
Darth Gustav
Sith Interstellar Tech Harvesting
#35 - 2012-09-27 23:07:08 UTC
Paul Oliver wrote:
So what exactly does it take now a days to make enough isk to plex a single account with only one character?

Or have we reached a point where the price of plex has rendered that impossible.

Apparently a lot of people think the answer to that might be "sit in a mackinaw 23.5/7" so they all tried it at the same time. Shocked

He who trolls trolls best when he who is trolled trolls the troller. -Darth Gustav's Axiom
Gogela
Epic Ganking Time
CODE.
#36 - 2012-09-27 23:07:15 UTC
Paul Oliver wrote:
So what exactly does it take now a days to make enough isk to plex a single account with only one character?

Or have we reached a point where the price of plex has rendered that impossible.

570 mil / mo?

I paid for my PLEX by doing market scamming... but I'm in the process of going legit and becoming a market speculator. Big smile

Signatures should be used responsibly...
Mars Theran
Foreign Interloper
#37 - 2012-09-27 23:08:14 UTC
Dinsdale Pirannha wrote:
As expected, bunch of posts pushing various agendas.
Frankly, I have no real clue what is causing a record high in price.

And I would truly like CCP to explain what is happening.
They have a wealth of numbers, and I would love for one of then to take up the challenge of deriving an explanation and providing it.


I'm pretty sure it's been higher, if only briefly. This is more long term, and probably will continue as a trend if Gogela's price history is any indication.
zubzubzubzubzubzubzubzub
Touval Lysander
Zero Wine
#38 - 2012-09-27 23:15:12 UTC
People buy PLEX from CCP to cash in for isk.

A higher price will help increase supply.

Relax.

I'm not boffered. Do I look boffered?

"I've always been mad, I know I've been mad, like the most of us...very hard to explain why you're mad, even if you're not mad..."
Mars Theran
Foreign Interloper
#39 - 2012-09-27 23:17:00 UTC
Surfin's PlunderBunny wrote:
Paul Oliver wrote:
So what exactly does it take now a days to make enough isk to plex a single account with only one character?

Or have we reached a point where the price of plex has rendered that impossible.


Pfft, plex could be 2b each and people would still buy them P


Not this toon X

Smile
zubzubzubzubzubzubzubzub
iskflakes
#40 - 2012-09-27 23:18:32 UTC
When a player can earn 180 billion ISK in a week by being AFK, what do you think the price of PLEX is going to do every time minmatar hits T5?

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