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PLEX Over 600m now....

Author
Soon Shin
Scarlet Weather Rhapsody
#121 - 2012-10-09 05:13:12 UTC  |  Edited by: Soon Shin
CCP has indeed played a hand at causing PLEX prices to go up.

1. Allowing PLEX to be moved out of stations (CCP knows there are stupid people who will haul plexes and get blown up, making them profits.)

2. Aurum/NEX (When PLEX is redeem, it is removed from the system, and CCP no longer has to provide the subscription time service that came with the PLEX)

3. Now, resculpting for PLEX.

4. In the future, potential remap for PLEX.

The sinks for PLEX has increased, while the supply has remained consistent, hence the increase in prices.

While CCP likes to make money from PLEX, they do no like "owing" service that they have to provide in exchange, so they pull all

sorts of schemes in order to maximize their profits while decreasing the amount of service subscription time they provide.
Cipher Jones
The Thomas Edwards Taco Tuesday All Stars
#122 - 2012-10-09 05:38:36 UTC
Josef Djugashvilis wrote:
Given the staggering amounts of isk that many folk claim to make running lvl 4 missions, ratting in null, market trading etc, I would have thought that PLEX would need to cost at least 2 billion isk before anyone cared or worried.


Its not the people doing those things that claim to make the money, its the ******* control freaks who think they make too much money and complain about it.

Mooseburger was infamous for the mission ISK claims. And it was all from LP. They introduced incursions and FW exploits and that **** went away with the quickness.

Yes someone in this thread actually said CCP's PLEX deals make the price go up and not down. I guess that's why I waited till they introduced the re-sculpting deal and it was 20 million cheaper than the day before. I'm looking at the chart backwards again. Lol.

internet spaceships

are serious business sir.

and don't forget it

Kaivar Lancer
Doomheim
#123 - 2012-10-09 05:55:44 UTC
It's a general rule of thumb that PLEX rises in the long-term. We have 3+ years worth of data to back this up, and the fundamentals suggest that CCP will only implement more schemes to increase PLEX consumption.

BUY BUY BUY
Gogela
Epic Ganking Time
CODE.
#124 - 2012-10-09 06:31:55 UTC
Kaivar Lancer wrote:
It's a general rule of thumb that PLEX rises in the long-term. We have 3+ years worth of data to back this up, and the fundamentals suggest that CCP will only implement more schemes to increase PLEX consumption.

BUY BUY BUY

'spculaters gunna 'speculate, yo.

Signatures should be used responsibly...

Luis Graca
#125 - 2012-10-09 06:54:12 UTC
P2W
Herping yourDerp
Tribal Liberation Force
Minmatar Republic
#126 - 2012-10-09 06:59:01 UTC
i miss 200mil plex
then again trit was 2 each and noxcium was 70 each

oh well good thing i pay per year.
Hazen Koraka
HK Enterprises
#127 - 2012-10-09 07:43:48 UTC
Plex is the reason for EVE=inflation methinks.

Easy supply to humongous mountains of isk means ppl can charge what the heck they want on the market for stuff, and it will still sell...

Remove plex, make everyone earn isk the hard-way like they should.

Exploration is Random. Random is Random... or is it?! http://docs.python.org/2/library/random.html

Marlona Sky
State War Academy
Caldari State
#128 - 2012-10-09 08:11:49 UTC
Up to 620m now...
Cipher Jones
The Thomas Edwards Taco Tuesday All Stars
#129 - 2012-10-09 08:21:31 UTC
Hazen Koraka wrote:
Plex is the reason for EVE=inflation methinks.

Easy supply to humongous mountains of isk means ppl can charge what the heck they want on the market for stuff, and it will still sell...

Remove plex, make everyone earn isk the hard-way like they should.


Supply and demand control price. Less supply than demand drives prices up. More supply than demand drives prices down.

internet spaceships

are serious business sir.

and don't forget it

Kehro Urgus
Dark Nebula Academy
O X I D E
#130 - 2012-10-09 08:55:10 UTC
Cancelled my recurrent billing a while ago. Sub runs out in a few days. Was thinking about going the plex route but it's just getting ridiculous.

Yeeee! 

ugh zug
Aliastra
Gallente Federation
#131 - 2012-10-09 08:57:23 UTC
Ronin Duskstar wrote:
I'm dizzy just thinking how high PLEX is now.

CCP is forcing people to buy PLEX with real money instead of isk at this point Pirate



sub a year
laugh at gtc buyers
????
profit

Want me to shut up? Remove content from my post,1B. Remove my content from a thread I have started 2B.

Xen Solarus
Furious Destruction and Salvage
#132 - 2012-10-09 09:07:41 UTC
Great time for rich people to buy PLEX and sell for all that tasty isk! Cool

Post with your main, like a BOSS!

And no, i don't live in highsec.  As if that would make your opinion any less wrong.  

Kehro Urgus
Dark Nebula Academy
O X I D E
#133 - 2012-10-09 09:10:19 UTC
Xen Solarus wrote:
Great time for rich people to buy PLEX and sell for all that tasty isk! Cool


They may not be so happy when the demand side crashes.

Yeeee! 

Gibbo3771
AQUILA INC
#134 - 2012-10-09 09:10:28 UTC
CCP said they would step in if they got out of control.

I would say a 300% increase in price in the past 18 month "out of control"
Valari Nala Zena
Perkone
Caldari State
#135 - 2012-10-09 09:18:02 UTC  |  Edited by: Valari Nala Zena
Shizuken wrote:
Valari Nala Zena wrote:


So, if i understand correctly,
when people decide to deactivate some of their accounts because isk per plex is to high, revenue is lost.



Except that as the ISK value rises it incentivises more players to pay real money for them as they can now trade them for more in game currency. Ask my buddy why he suddenly decided to buy 8 of them. This would at least partially offset the drop in subs. Also if people stop subbing with PLEX then demand will drop until the ISK price comes back to a level that people are willing to pay.

Yes paying real money for PLEX in order to sell them will help supply, that's good for CCP.
The result should be that isk per plex prices balance or drop again.

Except it doesn't seem to stop going up, the isk per plex has been increasing for years.
Less and less people are willing to pay isk for a PLEX.

All these years i've been running 4 accounts on PLEX.

I'm still making enough isk per month to afford it, however if isk continues to increase, i soon won't be.
Meaning i'm unsubbing 3 of my 4 accounts, and im sure not the only one.
Renegade 41
Science and Trade Institute
Caldari State
#136 - 2012-10-09 09:27:37 UTC
PLEX prices are going up faster and faster, and with this tourny at the end of the year ( entry auction of PLEX -20 min) I see no reason that it wont hit 1bn by the end of the year.

yes - 1bn of your finest isk for 30 days of game time, or sit on it for a year and stroke it very often.
Malcanis
Vanishing Point.
The Initiative.
#137 - 2012-10-09 09:33:56 UTC
Ronin Duskstar wrote:
I'm dizzy just thinking how high PLEX is now.

CCP is forcing people to buy PLEX with real money instead of isk at this point Pirate


It's not necessarily all CCP's doing, although they have been pretty aggressive in introducing new PLEX-sinks this last year or so, and rather slack on introducing new ISK sinks.

I must admit, it's getting pretty close to my "why the hell not?" price point. I actually have a decent ISK stockpile, enough that I shouldn't need to bear at all to pay for this winter's campaigning. But if PLEX go really high, like to the 1B point, well... the thought of just "bearing" for a single overtime Saturday at work instead of for a week in EVE in other to go another 3 or 4 months without grinding becomes pretty attractive.

PS I've always thought that game time was very underpriced in ISK terms.

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016

Malcanis
Vanishing Point.
The Initiative.
#138 - 2012-10-09 09:36:46 UTC
Hazen Koraka wrote:
Plex is the reason for EVE=inflation methinks.

Easy supply to humongous mountains of isk means ppl can charge what the heck they want on the market for stuff, and it will still sell...

Remove plex, make everyone earn isk the hard-way like they should.


If you don't know how PLEX work, you shouldn't post about them. PLEX prices are a symptom of inflation, not a cause. How can you possibly think they they produce ISK when players have to pay ISK to the players selling PLEX ?!?!? Roll

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016

March rabbit
Aliastra
Gallente Federation
#139 - 2012-10-09 09:41:29 UTC
Anslo wrote:
We don't care

who does care about those don't care? Shocked

The Mittani: "the inappropriate drunked joke"

Bagrat Skalski
Koinuun Kotei
#140 - 2012-10-09 10:05:17 UTC
Quote:
Plex is the reason for EVE=inflation methinks.


True if so many players grind ISK just for paying subs by PLEX.

I grind ISK - PLEX is 600m - I grind more - bought PLEX for 650m - Amount of ISK in system is greater. ISK looses its worth - I must grind more ISK.