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PLEX Over 600m now....
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Bad Bobby
Bring Me Sunshine
In Tea We Trust
#41 - 2012-10-08 16:38:54 UTC
Jori McKie wrote:
Bad Bobby wrote:
Brooks Puuntai wrote:
If anything this is good for CCP because it means more people are going to buy Plex for $$ in order to get the injection of isk due to its high price, which CCP makes more off plex sales then subs.

If a person is looking to buy 1b isk using PLEX, then which of the following is better for CCP?

A) That person buying 3 PLEX at £16.99 each and selling them for 333m each to other players.

B) That person buying 2 PLEX at £16.99 each and selling them for 500m each to other players.


Depends on how much you get for your ISK. The PLEX price reflects supply and demand and the Inflation. In other words 6 months ago you could buy roughly 4x Tier 3 Battleships with 1x PLEX, now it is roughly 2x Tier 3 Battleships with 1x PLEX. PLEX prices will rise until supply/demand and the inflation found a new equilibrium. Mineral (and to some extend moongoo) prices and it's supply/demand were always playing a huge role in the PLEX price.

You are telling me that the number of battleships you get for 1 billion isk matters when CCP is deciding wether it values £50.97 higher than £33.98?
highonpop
KarmaFleet
Goonswarm Federation
#42 - 2012-10-08 16:38:54 UTC
Andski wrote:
RAGE QU1T wrote:
Andski wrote:
Power of Two and resculpts for PLEX seem to be the culprit for this recent spike.


Wrong again, Power of Two was around when Plexes were going for 250-300 mil son


So you're saying that PLEX were going for 250-300M less than two weeks ago? Huh, no they weren't, son.


Power of Two is a very old concept. Its been going on for a number of years, son.

FC, what do?
Asuka Solo
I N E X T R E M I S
Tactical Narcotics Team
#43 - 2012-10-08 16:40:46 UTC
Colonel Xaven wrote:
Kyt Thrace wrote:
Do people really NOT understand Supply & Demand :P


this.

/thread


Not empty quoting

Eve is about Capital ships, WiS, Boobs, PI and Isk!
Vincent Athena
Photosynth
#44 - 2012-10-08 16:43:00 UTC
Bad Bobby wrote:
Brooks Puuntai wrote:
If anything this is good for CCP because it means more people are going to buy Plex for $$ in order to get the injection of isk due to its high price, which CCP makes more off plex sales then subs.

If a person is looking to buy 1b isk using PLEX, then which of the following is better for CCP?

A) That person buying 3 PLEX at £16.99 each and selling them for 333m each to other players.

B) That person buying 2 PLEX at £16.99 each and selling them for 500m each to other players.

Except if it only costs £34.00 to get the 1 billion ISK, more players will be willing to do it.

50 players each buy 3 PLEX at £16.99 each and sell them for 333m each to other players.

v.s.

100 players each buy 2 PLEX at £16.99 each and sell them for 500m each to other players.

Now if you go look at the PLEX sales volume at Jita for the past year, you will see its flat. Demand is not increasing, its flat. The price rise is due to reduced supply.

Know a Frozen fan? Check this out

Frozen fanfiction
Skydell
Bad Girl Posse
#45 - 2012-10-08 16:49:20 UTC
You can get em for 360 mill in Jita local. Big smile
Mars Theran
Foreign Interloper
#46 - 2012-10-08 16:49:30 UTC
I have a solution. You can let me remove ISK from the game; it's very simple, and you'll see why in a moment. Everyone in the game can give me 10% of their net worth in ISK, and I'll move it into my own personal Wallet. ISK Removed. Big smile

..until I decide to spend it of course.Lol
zubzubzubzubzubzubzubzub
RAGE QU1T
Deep Core Mining Inc.
Caldari State
#47 - 2012-10-08 17:08:29 UTC
The spice MUST continue to flow or brace for havac
Jori McKie
Hedion University
Amarr Empire
#48 - 2012-10-08 17:09:54 UTC
Bad Bobby wrote:
Jori McKie wrote:
Bad Bobby wrote:
Brooks Puuntai wrote:
If anything this is good for CCP because it means more people are going to buy Plex for $$ in order to get the injection of isk due to its high price, which CCP makes more off plex sales then subs.

If a person is looking to buy 1b isk using PLEX, then which of the following is better for CCP?

A) That person buying 3 PLEX at £16.99 each and selling them for 333m each to other players.

B) That person buying 2 PLEX at £16.99 each and selling them for 500m each to other players.


Depends on how much you get for your ISK. The PLEX price reflects supply and demand and the Inflation. In other words 6 months ago you could buy roughly 4x Tier 3 Battleships with 1x PLEX, now it is roughly 2x Tier 3 Battleships with 1x PLEX. PLEX prices will rise until supply/demand and the inflation found a new equilibrium. Mineral (and to some extend moongoo) prices and it's supply/demand were always playing a huge role in the PLEX price.

You are telling me that the number of battleships you get for 1 billion isk matters when CCP is deciding wether it values £50.97 higher than £33.98?


Crap, my reading comprehensions lacks. I looked at it from the players point of view when you asked for a CCP point of view. In the end all what matters for CCP is how many PLEX are bought per month no matter for how much they are sold ingame. And if i'm not mistaken the PLEX volume in Jita didn't significantly changed yet.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." - Abrazzar
Rengerel en Distel
#49 - 2012-10-08 17:32:14 UTC
[goontinfoil] tech goes up, they buy plex, as there's an election coming up, and they'll need those plex for voting accounts to get 3 people on the CSM[/goontinfoil]

do believe galmil also just cashed out T5, which generally adds to people buying plex with their isk.

With the increase in shiptoasting, the Report timer needs to be shortened.
Speaker for TheDead
Fusion Enterprises Ltd
Pandemic Horde
#50 - 2012-10-08 17:40:36 UTC
This is simple.
More people are opting to not pay for this somewhat broken game, less people are willing to spend hard earned cash to buy toys in game. Lower supply, higher demand.....It's not rocket science. Roll

My opinion is that CCP would like to push more people into paying real money for this game, the current business model is too dependent on a smaller pool of customers who are willing to finance a large number of non-paying players who support themselves with in game effort.
The broken isk faucets of FW and Moon-goo don't help matters, when you can create a noob alt, train it for a week, and make about 120 mil/hr, it's pretty easy to obtain the isk needed.

"Inception date: [u]Expired[/u]."
Alavaria Fera
GoonWaffe
#51 - 2012-10-08 17:50:02 UTC
Speaker for TheDead wrote:
The broken isk faucets of FW and Moon-goo don't help matters, when you can create a noob alt, train it for a week, and make about 120 mil/hr, it's pretty easy to obtain the isk needed.

I like the linking of moon-goo with week old noob alts, even when whole alliances are involved.

Yes, week old newbies are involved, but that's beside the issue.

Triggered by: Wars of Sovless Agression, Bending the Knee, Twisting the Knife, Eating Sov Wheaties, Bombless Bombers, Fizzlesov, Interceptor Fleets, Running Away, GhostTime Vuln, Renters, Bombs, Bubbles ?
DarthNefarius
Minmatar Heavy Industries
#52 - 2012-10-08 17:50:49 UTC
Andski wrote:
Power of Two and resculpts for PLEX seem to be the culprit for this recent spike.


FW tier 5 is probably a bigger culprit.. I suspect in a bit the Tourney PLEX auction soon will also become a big PLEX spike culprit in a little bit.... how much longer until 700million PLEX? Shocked
An' then Chicken@little.com, he come scramblin outta the    Terminal room screaming "The system's crashing! The system's    crashing!" -Uncle RAMus, 'Tales for Cyberpsychotic Children'
Anslo
Scope Works
#53 - 2012-10-08 17:52:48 UTC  |  Edited by: Anslo
Anyone claiming "supply and demand" is just a plex seller, EDIT: like the jerk below me.

The common man doesn't care about "supply and demand," we want affordable PLEX.

[center]-_For the Proveldtariat_/-[/center]
Karl Hobb
Imperial Margarine
#54 - 2012-10-08 17:53:42 UTC
DarthNefarius wrote:
how much longer until 700million PLEX? Shocked

Not Soon™ enough

A professional astro-bastard was not available so they sent me.
Alavaria Fera
GoonWaffe
#55 - 2012-10-08 17:56:27 UTC
Anslo wrote:
Anyone claiming "supply and demand" is just a plex seller, EDIT: like the jerk below me.

The common man doesn't care about "supply and demand," we want affordable PLEX.

On the contrary, you should encourage people to buy plex and sell them for ~mad isk~, which helps to increase quantity and reduce price.

Triggered by: Wars of Sovless Agression, Bending the Knee, Twisting the Knife, Eating Sov Wheaties, Bombless Bombers, Fizzlesov, Interceptor Fleets, Running Away, GhostTime Vuln, Renters, Bombs, Bubbles ?
Darth Gustav
Sith Interstellar Tech Harvesting
#56 - 2012-10-08 17:56:36 UTC
DarthNefarius wrote:
Andski wrote:
Power of Two and resculpts for PLEX seem to be the culprit for this recent spike.


FW tier 5 is probably a bigger culprit.. I suspect in a bit the Tourney PLEX auction soon will also become a big PLEX spike culprit in a little bit.... how much longer until 700million PLEX? Shocked

Why is it relevant? If plexes sell for 700M, that's because the market allows them to sell for 700M.

I wish I could say I were surprised to see DarthNefarius qq'ing over economic burdens, though. Blink

He who trolls trolls best when he who is trolled trolls the troller. -Darth Gustav's Axiom
Anslo
Scope Works
#57 - 2012-10-08 17:59:24 UTC
Darth Gustav wrote:
DarthNefarius wrote:
Andski wrote:
Power of Two and resculpts for PLEX seem to be the culprit for this recent spike.


FW tier 5 is probably a bigger culprit.. I suspect in a bit the Tourney PLEX auction soon will also become a big PLEX spike culprit in a little bit.... how much longer until 700million PLEX? Shocked

Why is it relevant? If plexes sell for 700M, that's because the market allows them to sell for 700M.

I wish I could say I were surprised to see DarthNefarius qq'ing over economic burdens, though. Blink


We don't care what the market allows. We demand CCP's direct interference to curb these anti-proletariat 1% price gougers. The market should serve the people, and not the rich!

[center]-_For the Proveldtariat_/-[/center]
Darth Gustav
Sith Interstellar Tech Harvesting
#58 - 2012-10-08 18:02:04 UTC
Anslo wrote:
Darth Gustav wrote:
DarthNefarius wrote:
Andski wrote:
Power of Two and resculpts for PLEX seem to be the culprit for this recent spike.


FW tier 5 is probably a bigger culprit.. I suspect in a bit the Tourney PLEX auction soon will also become a big PLEX spike culprit in a little bit.... how much longer until 700million PLEX? Shocked

Why is it relevant? If plexes sell for 700M, that's because the market allows them to sell for 700M.

I wish I could say I were surprised to see DarthNefarius qq'ing over economic burdens, though. Blink


We don't care what the market allows. We demand CCP's direct interference to curb these anti-proletariat 1% price gougers. The market should serve the people, and not the rich!

Have fun with that when PLEX are a capitalist concept. Roll

He who trolls trolls best when he who is trolled trolls the troller. -Darth Gustav's Axiom
Andski
Science and Trade Institute
Caldari State
#59 - 2012-10-08 18:02:21 UTC
RAGE QU1T wrote:
2 yrs ago


yeah it's not like any passive income opportunities have entered the game in those two years

tyrannis definitely did not have an effect on PLEX prices, no sir

Twitter: @EVEAndski

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths."    - Abrazzar
RAGE QU1T
Deep Core Mining Inc.
Caldari State
#60 - 2012-10-08 18:04:05 UTC
Anslo wrote:
Anyone claiming "supply and demand" is just a plex seller, EDIT: like the jerk below me.

The common man doesn't care about "supply and demand," we want affordable PLEX.


and i want .99 a gallon for regular gasoline, but ain't going to happen with a free market economy