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PLEX Price signs of faith in CCP?

Author
Tarik ThunderStorm
The Molden Heath Yacht Club
#21 - 2012-10-12 12:53:59 UTC
As long as people are playing eve each month, no matter if you are paying monthly, plex with rl cash to sub, or buying plex with isk either way its all good for CCP. Cause someone is paying for that plex to be in the game...
Mara Rinn
Cosmic Goo Convertor
#22 - 2012-10-12 23:51:34 UTC
Robischek wrote:
zillionB ISK < $1. All of your shiny ISK profits will get assraped by inflation.
Any investment in real life > EVEvestment. Grow up boy.


Any time used to achieve things in real life > time spent playing computer games.

If you're playing computer games anyway, instead of helping remote African communities establish clean drinking water supplies and fighting malaria or AIDS, you may as well invest your imaginary money in the great PLEX churner and double it every week.
Hrothgar Nilsson
#23 - 2012-10-13 23:03:28 UTC  |  Edited by: Hrothgar Nilsson
Bloodpetal wrote:
If PLEX prices are rising, lets keep it simple, it's one of a few things...
#1 - Consuming PLEX for game time
#2 - Consuming PLEX for extended amount of gametime (yearly sub basically)
#3 - Stockpiling PLEX for market speculation
#4 - Consuming PLEX for in game services

#5 - Stockpiling PLEX as a hedge against ISK inflation.

A RL example would be stockpiling gold to hedge against a fall in currency.
Ireland VonVicious
Vicious Trading Company
#24 - 2012-10-14 01:28:18 UTC  |  Edited by: Ireland VonVicious
I think this idea about it supporting ccp or not is kind of silly. Roll


Look at it more from thier perspective:


Hight Prices:

People will buy plex more often with real life money. Right? Nope. As those needing isk now buy less plex for the same items.

Those running on accounts that use ingame money instead of real life money to subscribe start falling off as some won't be able to keep up with the rising cost to do it every month. They either start paying or they go away. If they go away it creates less demand on the plex and ccp has ran off someone who is not willing to pay for the game. This is what drives the prices back down. It has to tip past the breaking point of those falling off v.s. incomming supply. Also less join in on this action when prices are high.


Low Prices:

People will buy less plex with real life money. Right? Nope. This will vary as those who buy plex with real life money might need more plex to get the isk they needed. This can make prices continue to fall.

The other side of low prices is more people start using plex to subscribe instead of using real money. This will continue to happen until the breaking point of where people using subscribe way out number the supply and seen value in plex v.s. real money.

CCP makes roughly the same isk either way. They won't mess with this too much unless they absolutely have to. Straight


For those of you trying to predict the future:

The answer is simple: Follow the over all global markets.
As money becomes easier to get due to more poeple working and less unemployment isk prices will rise.
When less people are unemployeed many will stop playing ever 24/7 and will start paying with real cash instead of isk.
Although some have been long term and have plex that will last for damn near ever. Evil


Another thing to think about: Attention

Plex prices going up are a great sign for the planet as a whole.
If the price of plex in real life goes up along with in game plex prices: it is not due to global growth. Due to pure inflation not economic growth.

The Global Markets determine the plex economy in game.
Eve's plex market might just be the best real life indicators of global growth.
Bloodpetal
Tir Capital Management Group
#25 - 2012-10-15 14:35:42 UTC
Ireland VonVicious wrote:
I think this idea about it supporting ccp or not is kind of silly. Roll

.


Why's it silly. If people are investing in the one commodity that has been described as "gold" of EVE, and that "Gold" is provided by CCP, then they're investing their ISK faith in something.

I'm putting out the question not to make a statement, but to get feedback. Calling that question "Silly" is really unproductive and useless.


Hrothgar wrote:
#5 - Stockpiling PLEX as a hedge against ISK inflation.

A RL example would be stockpiling gold to hedge against a fall in currency.


As this guy pointed out, and as I insinuated with stockpiling PLEX in general with Market Speculation - if you're buying PLEX to make more ISK, then you think either that more players will be joining EVE Online and that means there could be a net rise in ISK in the future, and players will spend more on gametime with ISK due to inflation.

Alternately, you could think that it doesn't have faith in CCP, because people are buying less PLEX and thus having less interest in playing the game. There isnt' a direct way to know this than if you look at the market graphs, there's a few distinct "spikes" in purchases which coincides with market value.

Where I am.

De Guillaume
Infinite Point
Pandemic Horde
#26 - 2012-10-15 18:50:52 UTC
speaking personally. I can't wait till prices go up by another 200 or more. Cool

Has you ever went so far as chose to go even use want to look more like do?

Val'Dore
PlanetCorp InterStellar
#27 - 2012-10-15 21:40:19 UTC
I don't think interest means what you all think it means. A far better way to compare PLEX is to Gold. PLEX has a locked in worth, same as gold, the only thing that changes is how much fiat currency people are willing to part with for it.

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide

Bloodpetal
Tir Capital Management Group
#28 - 2012-10-15 21:47:49 UTC
Val'Dore wrote:
I don't think interest means what you all think it means. A far better way to compare PLEX is to Gold. PLEX has a locked in worth, same as gold, the only thing that changes is how much fiat currency people are willing to part with for it.


I hope that's directed at others because I'm not the one that's been using the idea of "interest" as anything other than drawing parallels to other people using the word interest.

Where I am.

Val'Dore
PlanetCorp InterStellar
#29 - 2012-10-15 21:55:52 UTC
I only got to the first page before my education typed that post.

Interest has nothing to do with the topic, since PLEX is not debt form currency.

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide

Hrothgar Nilsson
#30 - 2012-10-20 10:01:28 UTC
Val'Dore wrote:
I don't think interest means what you all think it means. A far better way to compare PLEX is to Gold. PLEX has a locked in worth, same as gold, the only thing that changes is how much fiat currency people are willing to part with for it.

Gold doesn't have a "locked in worth". It's a commodity, like iron ore, oil, or frozen orange juice concentrate.

Nothing in this world has a "locked in worth". Gold is subject to the same laws of supply and demand as any other commodity.
Katran Luftschreck
Royal Ammatar Engineering Corps
#31 - 2012-10-21 01:10:19 UTC
Bloodpetal wrote:
Hypothetical
2 Months Ago
100 PLEX = $1,700 = 45B Plex

Today
100 PLEX = $1,700 = 66B Plex

Delta is 21B ISK = $540 in equivalent ISK "profit". (Yes, this accounts for the PLEX fluctuation as well)

So you'd have made about 30% on your investment, which if you wanted to say "I was going to put that into EVE anyways", is $540 in PLEX you don't have to buy to use in EVE gameplay. Which is probably better than most investments in real life. Pirate


Makes me wish you could trade a PLEX back to CCP for $20 cash deposited back into your bank account. Big smile

http://youtu.be/t0q2F8NsYQ0

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