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PLEX Over 600m now....

Author
Uwara
The Ares project
#221 - 2012-10-10 09:00:25 UTC  |  Edited by: Uwara
Vertisce Soritenshi wrote:


CCP does not benefit from this increased cost of PLEX. They are not driving the cost up. The lack of PLEX on the market is. They players are. CCP also doesn't sell ISK to the players. You just have a very inaccurate and skewed view of things.


Wrong, CCP does benefit from increased PLEX price...but only in a very limited area.

The sweet spot where some people decide to pay for game time with CC and others decide that price of 600m isn't that much problematic to afford. So CCP retains both player "classes" and their accounts.

When plex goes to 700m some people will say forget it, and stop buying plex and stop playing at all.
The higher the price goes, more people are gonna give up then resort to CC. CCP in this case is loosing a paying account.

And on another note, CCP doesn't sell ISK to players, they are giving it for free. FW is insanely broken, you are earning billions a week....on one frigate flying char orbiting some crap. That is broken.

Does it get fixed in new expansion? Maybe, so people make new accounts and in 8-10 days are earning insane money, best way to invest is to buy PLEX, and since they have billions easily they are milking this broken mechanic while they can.

Imagine the plex market if every BS in a L4 mission had a bounty of 50+ million, you would earn a plex in a 10min mission with zero risk (unless you are an idiot...), prices would go insane.

ISK is loosing its value because its effortless to obtain in a broken and easy way. Too much ISK (from FW) in the game is what is happening now.

Won a G510 keyboard in AT-X on  21.07.2012. Still not delivered, CCP keeps quiet. Customer support needs a raise.

Cpt Gobla
Sebiestor Tribe
Minmatar Republic
#222 - 2012-10-10 09:09:17 UTC
I don't see the price as a problem currently, it's simply supply and demand.

The only problem I foresee in the future is that if the demand is in a large part not from people consuming PLEX but rather from speculators then this could have pretty bad consequences.

When prices rise even further a decent number of PLEX consumers might decide that the amount of grind required to fund that consumption is no longer worth it and quit the game. Causing the demand of PLEX to almost fully come in the form of speculators.

Eventually those speculators will want to cash in on their investment, except that those consumers who would buy their PLEX have moved on to alternatives, be it other games or paying by cash. Prices will drop very rapidly until new people start to consume PLEX or old consumers return, but this new demand won't instantly and magically appear, it will take some time. During that time PLEX prices could easily hit rock bottom.

When eventually that bottom is reached and new consumers start to buy it then they will cease buying subscriptions. CCP's income will drop as instead these people are using income CCP received possibly years ago. I don't know CCP's finances but if they haven't accounted for this possibility this could be very bad on the short term.

Eventually the market will even out again and all will be well, but for a certain period it could be chaos. First from extremely high PLEX prices causing people to leave the game, which although not nearly as bad as paying costumers leaving is still bad, and later from PLEX prices crashing and CCP's montly income dropping sharply as people buy old PLEX with ISK instead of subscriptions or new PLEX with real money.

Of course, this is all based on there being a large number of PLEX speculators as well as EvE's inflation not rising out of control in the future.

If all the people buying are directly consuming the PLEX this won't happen. If EvE's inflation gets much worse then frankly I've not the faintest clue as to what will happen.
Alice Saki
Nocturnal Romance
Cynosural Field Theory.
#223 - 2012-10-10 09:10:19 UTC
OMG 600mil it's the end of Eve Whatever shall we do....................

FREEZE! Drop the LIKES AND WALK AWAY! - Currenly rebuilding gaming machine, I will Return.

Shanlara
Weatherlight Industry
#224 - 2012-10-10 09:34:41 UTC
Amber Coldheart wrote:
Shanlara wrote:

I hear you, over the last few months I went from 6 active accounts to 1 (occationally 2) I just can't keep up with the isk income anymore.

Then i honestly have to ask you, what kind of accounts do you have ? What are your toons trained up as ?

I have 4 accounts. I have absolutely no problem supporting 3 of them (or even all 4) with PLEX, solely by sticking to high sec, through missioning or mining. I am also a fairly casual player, i dont think im online more than 2 - 3 hours a day, at most, not even on the weekends.

My accounts are basically :

Main : The missionrunner. Can also pilot an exhumer.
Alt 1 : The industrialist. My Orca pilot, Noctis pilot, Freighter pilot, etc.
Alt 2 : The PvP'er. Recently started retraining towards piloting an exhumer as i dont PvP at the moment.
Alt 3 : The newbie. About a month old, training towards an exhumer.

When i run missions i only ever use the two top accounts (although it would be faster to bring in the third, i dont want the extra hassle as i only have one monitor).

For mining i use all 4, but only one of them can pilot an exhumer.

With this, which is a far cry from a "perfect" setup, and with limited time online per day, i easily make over 2 billion a month.

Granted, none of this can be said to be "exciting gameplay", both missioning and mining is rather dull (mining much more so), but if you have 6 accounts, what exactly do you do with them ? If 4 of them are Titan pilots on eternal standby, then i understand the problem.. if not, then i..well. i dont really :)


Yes you can and I can support keeping the accounts up and running with plex with the less time I have available lately
But that is all I can do, you seems to forget that some people don't purely spend time making money to keep accounts active to make more money to repeat, I also have a rather large isk sink in pvp and loss of ships that needs to be covered.
Veschenko
Sebiestor Tribe
Minmatar Republic
#225 - 2012-10-10 10:40:25 UTC
And it's going to continue climbing. Gone are the days of the 485m PLEX!
Jams Baridar
The Scope
Gallente Federation
#226 - 2012-10-10 10:43:10 UTC
over 670 now...
Amber Coldheart
Doomheim
#227 - 2012-10-10 11:32:22 UTC  |  Edited by: Amber Coldheart
Shanlara wrote:

Yes you can and I can support keeping the accounts up and running with plex with the less time I have available lately
But that is all I can do, you seems to forget that some people don't purely spend time making money to keep accounts active to make more money to repeat, I also have a rather large isk sink in pvp and loss of ships that needs to be covered.

As i said, i can support that through very casual gameplay (i currently have no goals in EVE as i only returned a couple of months ago, so i have no clue what i'll do yet.. all my old corpmates have left the game. Since trust is a tad hard to come by, im...well..not sure what i'll do).

If i did have a goal (like for example PvP), i'd probably do a good solid mining op once a week or so (or a marathon missioning stint), which should net me more than enough to lose a ship or ten (unless you PvP in Battleships). Even losing 50-100 million ISK daily, you'd still make enough profit to buy a plex at the end of the week (well, maybe not if the costs keeps rising like they have the past few weeks).

Of course, if you are talking 0.0 warfare capital ship fests, then the expenses picks up rather quickly, hehe (but why the #¤"%# would you need 6 accounts for that, 20 cyno alts ? P)
Brooks Puuntai
Solar Nexus.
#228 - 2012-10-10 11:39:37 UTC
Plex prices will most likely top out close to 1b. After that I can't see it being pushed any higher. This is ofc unless CCP adds more uses too plex to artificially inflate the price even more. So buy now or cry later.

CCP's Motto: If it isn't broken, break it. If it is broken, ignore it. Improving NPE / Dynamic New Eden

Kehro Urgus
Dark Nebula Academy
O X I D E
#229 - 2012-10-10 11:44:28 UTC  |  Edited by: Kehro Urgus
Jams Baridar wrote:
over 670 now...


Only 640 M in Dodixie. 20M more than this time yesterday. Woo, what a deal! Get 'em while they're cheap, or wait until the speculation bubble pops. Blink

=== Update ===

LOL. Sell orders now at about 649 M in Dodixie. That is quite a jump in less than an hour. Ugh

Update part deux. Up another 10 million now to 659... in just a few minutes. Lol

Yeeee! 

Gerald Taric
NEO DYNAMICS
#230 - 2012-10-10 14:56:28 UTC
Kehro Urgus wrote:
Update part deux. Up another 10 million now to 659... in just a few minutes. Lol
surprise, surprise.
I suppose, Dodixie administration is already wondering about the sudden increased amount of docking requests there LolBlink
Darth Nupis
The Scope
Gallente Federation
#231 - 2012-10-10 15:01:35 UTC
Brooks Puuntai wrote:
Plex prices will most likely top out close to 1b. After that I can't see it being pushed any higher. This is ofc unless CCP adds more uses too plex to artificially inflate the price even more. So buy now or cry later.



Obviously you must be a seller. ShockedLol

Karl Hobb
Imperial Margarine
#232 - 2012-10-10 15:15:03 UTC
Uwara wrote:
FW is insanely broken, you are earning billions a week....

Faction Warfare LP is used, along with ISK, to buy goods from the LP store which can then be sold to other players. No ISK enters the economy through FW (in fact, ISK is destroyed in the process!). FW is simply moving the wealth from one player to another.

LP =/= ISK, thanks for playing.

A professional astro-bastard was not available so they sent me.

Darth Nupis
The Scope
Gallente Federation
#233 - 2012-10-10 15:26:55 UTC
Whatever man. FW is getting a proper nerf, then wealth can get back to normal distribution.
Idris Helion
Doomheim
#234 - 2012-10-10 15:44:48 UTC
Karl Hobb wrote:
Uwara wrote:
FW is insanely broken, you are earning billions a week....

Faction Warfare LP is used, along with ISK, to buy goods from the LP store which can then be sold to other players. No ISK enters the economy through FW (in fact, ISK is destroyed in the process!). FW is simply moving the wealth from one player to another.

LP =/= ISK, thanks for playing.


LP and LP store modules are created "out of thin air" and not created by other players. So it's a faucet, not a sink. And right now that faucet is gouting uncontrolled amounts of LP into the game, much of which is being converted to ISK via module sales (mostly implants from what I can tell).
Sir SmashAlot
The League of Extraordinary Opportunists
Intergalactic Conservation Movement
#235 - 2012-10-10 15:45:30 UTC
I feel that people are failing to realize that direct comparisons to the past are not possible. Two years ago when plex was in the ~400mil isk range we did not have T2 gang links, we did not have incursions, we did not have crazy profitable faction warfare, we did not have jet can size ore bays on mining craft, etc.

Everyone wants to have the bigger, better, and faster but fail to figure out that players still place the same value on their time (on average). Players are able to get more per unit of time invested so they are able to pay more for the plex. Whether plex is 400mil or 1billion it will be a reflection of the ability of players to make assets for isk or gain isk directly through the killing of rats for the exchange of their playtime.

If you think plex is too expensive you either value your time more than other players or you are not using your time as efficiently as other players. If you feel plex is still cheap then you value your time less than other players or your making isk more efficiently than other players.

Fly Profitably

Smash
Random Majere
Rogue Fleet
#236 - 2012-10-10 15:46:38 UTC  |  Edited by: Random Majere
I wrote in local chat of one of the starter systems that fitting 4 plexes in the lows gives 100% resist against all 4 types of damage. Maybe all the noobs believed me and started buying plex.
Karl Hobb
Imperial Margarine
#237 - 2012-10-10 15:54:34 UTC
Idris Helion wrote:
LP and LP store modules are created "out of thin air" and not created by other players. So it's a faucet, not a sink. And right now that faucet is gouting uncontrolled amounts of LP into the game, much of which is being converted to ISK via module sales (mostly implants from what I can tell).

It's still an ISK sink. In many cases you must exchange ISK along with your LP in order to receive *whatever* to sell to other players. You receive ISK from other players in exchange for those goods once you sell them, but that still follows the normal market chain.

A professional astro-bastard was not available so they sent me.

No More Heroes
Boomer Humor
Snuffed Out
#238 - 2012-10-10 15:57:24 UTC
I have one thing and only one thing to say about the price of PLEX:

Hahahahahahahahahahahaha

.

Tarvos Telesto
Blood Fanatics
#239 - 2012-10-10 16:05:51 UTC  |  Edited by: Tarvos Telesto
High plex price is good vs inflation, but also got bad impact on EvE players, less new alts, less subscirbers, i dont talk about whole community but about small group of EvE playes who admit they wont play if plexes skayrocketing to enormous value.

Few years ago (end of 2006) 90 day gtc cost around 320mil isk so is like 106mil average for one plex, i dont know why prices are so big.
People were happy with seling GTC with reasonable price.

EvE isn't game, its style of living.

Nyla Skin
Caldari Provisions
Caldari State
#240 - 2012-10-10 16:17:45 UTC
Uwara wrote:


When plex goes to 700m some people will say forget it, and stop buying plex and stop playing at all.
The higher the price goes, more people are gonna give up then resort to CC. CCP in this case is loosing a paying account.


The only time when CCP loses something is when people stop buying plexes. If someone bought a plex but couldnt sell it to a player, it was still money in CCP's coffers.

In after the lock :P   - CCP Falcon www.nizkor.org/features/fallacies