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So plex prices just rose agn...
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LHA Tarawa
Pator Tech School
Minmatar Republic
#41 - 2012-11-21 20:56:09 UTC
Bamfordi wrote:
Might have something to do with it.



PLEX always drop, yes? I seem to recall CCP making that change to counter claims that the ability to move PLEX was a way of having people pay for game time that never actually got used.....

This is a potential HUGE exploitable hole in the new bounty system if, in fact, PLEX always drop, and CCP is using dropped PLEX in the calculation for total lost value.
Tippia
Sunshine and Lollipops
#42 - 2012-11-21 21:05:46 UTC
LHA Tarawa wrote:
PLEX always drop, yes?
No. They are like any other item, and as always, the loot fairy hates your guts so it will inevitably seem like they never drop. Blink
Darth Gustav
Sith Interstellar Tech Harvesting
#43 - 2012-11-21 21:14:18 UTC
Max Chee wrote:
http://www.youtube.com/watch?v=WUmIdifIpic Shocked

So I was watching the CCP Fanfest about the economy and while I was checking the prices of plex, it just went up from 590mil to 610mil

When will this madness end? Shocked

When serial-afk ice miners can't afford subbing with PLEX anymore.

He who trolls trolls best when he who is trolled trolls the troller. -Darth Gustav's Axiom
Nexus Day
Lustrevik Trade and Travel Bureau
#44 - 2012-11-21 21:37:49 UTC
TheBlueMonkey wrote:
It's coming up to xmass.

People have less money to spend on buying time cards\plex's to sell for isk.

People have less money to spend on game subscriptions.

More people want PLEX's

Less Plex's to go around

More demand than supply

Price rises.

It's almost like it's some kind of player driven economy or something

Sounds like someone just watched "Trading Places".

No mention of GI Joe with the Kung Fu grip?
Mallak Azaria
Caldari Provisions
Caldari State
#45 - 2012-11-21 21:40:34 UTC
LHA Tarawa wrote:
PLEX always drop


No they don't.

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.
Sergeant Acht Scultz
School of Applied Knowledge
Caldari State
#46 - 2012-11-21 21:42:01 UTC
Max Chee wrote:
http://www.youtube.com/watch?v=WUmIdifIpic Shocked

So I was watching the CCP Fanfest about the economy and while I was checking the prices of plex, it just went up from 590mil to 610mil

When will this madness end? Shocked



Translate the isk value vs GTC price and you'll figure out why so many are worried about.

It's all about real money value, tell yourself the real money value of 1B isk is around $29 in the RMT actual market.

Take your own conclusions.

removed inappropriate ASCII art signature - CCP Eterne
LHA Tarawa
Pator Tech School
Minmatar Republic
#47 - 2012-11-21 22:13:17 UTC
Sergeant Acht Scultz wrote:
Max Chee wrote:
http://www.youtube.com/watch?v=WUmIdifIpic Shocked

So I was watching the CCP Fanfest about the economy and while I was checking the prices of plex, it just went up from 590mil to 610mil

When will this madness end? Shocked



Translate the isk value vs GTC price and you'll figure out why so many are worried about.

It's all about real money value, tell yourself the real money value of 1B isk is around $29 in the RMT actual market.

Take your own conclusions.



I am confused...

So, you are saying I can spend $30 real for 2 PLEX, and legally sell in game for 1.2B isk....

Or I can pay $29 to RMTer, risk getting banned, risk having my CC stolen by unreputable RMTer, for 1B isk?


It seems to be the dog is the price of PLEX and the tail is RMT (that is, RMT adjust their priced to be a better deal than PLEX) that adjusts to be higher reward if you manage to avoid the risk...

You seem to have it as the tail (RMT) wagging the dog (legal PLEX).
Lipbite
Express Hauler
#48 - 2012-11-21 22:21:51 UTC  |  Edited by: Lipbite
Hint: PLEX prices drop during Friday evening / Saturday morning when weekend warriors get into the game after week in offices and flood market with cheaper plexes because they need ISK asap to spend weekend blowing their ships up.
Holy One
Privat Party
#49 - 2012-11-22 02:56:45 UTC
LHA Tarawa wrote:
Sergeant Acht Scultz wrote:
Max Chee wrote:
http://www.youtube.com/watch?v=WUmIdifIpic Shocked

So I was watching the CCP Fanfest about the economy and while I was checking the prices of plex, it just went up from 590mil to 610mil

When will this madness end? Shocked



Translate the isk value vs GTC price and you'll figure out why so many are worried about.

It's all about real money value, tell yourself the real money value of 1B isk is around $29 in the RMT actual market.

Take your own conclusions.



I am confused...

So, you are saying I can spend $30 real for 2 PLEX, and legally sell in game for 1.2B isk....

Or I can pay $29 to RMTer, risk getting banned, risk having my CC stolen by unreputable RMTer, for 1B isk?


It seems to be the dog is the price of PLEX and the tail is RMT (that is, RMT adjust their priced to be a better deal than PLEX) that adjusts to be higher reward if you manage to avoid the risk...

You seem to have it as the tail (RMT) wagging the dog (legal PLEX).




CCP can't compete with RMT'ers with plex prices, not even close. The going rate is currently $17 bn. As long as they continue to want almost 100% more than the farmers charge, it will remain a massive problem.

The good news is, CCP made it very easy to make enough isk from in-game activities to cover the subscription fee. The yearly subscription fee is actually also a good deal here in the UK. £90 annually (£7.50 a month).

The main rmt trade is not the cost of subscription, in my experience, it is the cost of capitals and characters.

:)
Jack Miton
School of Applied Knowledge
Caldari State
#50 - 2012-11-22 03:14:50 UTC
I don't get the confusion regarding plex prices rising since the reason is extremely basic.
the amount of wealth in EVE is going up.
thus people have more disposable isk.
thus more people are plexing accounts rather than paying cash.
meanwhile, number of people needing to sell plex for isk is going down/staying the same.
thus more demand for same/lower supply.
hence price goes up.

not really rocket science.
people haven't posted a million threads about the steadily rising prices of T2 invulns so please stop posting a million threads about the rising prices of plex.

plex prices are going up. we know. we dont care. move on.

There is no Bob.

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Kobal81
Domheimed
#51 - 2012-11-22 05:06:18 UTC
Max Chee wrote:
http://www.youtube.com/watch?v=WUmIdifIpic Shocked

So I was watching the CCP Fanfest about the economy and while I was checking the prices of plex, it just went up from 590mil to 610mil

When will this madness end? Shocked


Not this ole song and dance again, the horse is bout bare bones akready

"Greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit"
Mara Rinn
Cosmic Goo Convertor
#52 - 2012-11-22 05:57:02 UTC
Lipbite wrote:
Hint: PLEX prices drop during Friday evening / Saturday morning when weekend warriors get into the game after week in offices and flood market with cheaper plexes because they need ISK asap to spend weekend blowing their ships up.


And there are similar daily fluctuations due to speculators updating their trades when they wake up and then again when they come home from work.

Day 0 Advice for New Players
Merovee
Gorthaur Legion
Imperium Mordor
#53 - 2012-11-22 07:11:08 UTC
The plex is still worth one month of play time its real value hasn't changed, ISK is worth less than last year. Roll

Empire, the next new world order.
Poetic Stanziel
The Scope
Gallente Federation
#54 - 2012-11-22 07:12:33 UTC
Quote:
So plex prices just rose agn...
This isn't Twitter or you text messaging your Mom. You could have spelled out the word AGAIN.
Dave Stark
#55 - 2012-11-22 08:15:45 UTC
Poetic Stanziel wrote:
Quote:
So plex prices just rose agn...
This isn't Twitter or you text messaging your Mom. You could have spelled out the word AGAIN.


even if it was twitter or a text to his mum, there's still no excuse for spelling like that.
Eugene Kerner
TunDraGon
Goonswarm Federation
#56 - 2012-11-22 08:21:21 UTC
Dave stark wrote:
Poetic Stanziel wrote:
Quote:
So plex prices just rose agn...
This isn't Twitter or you text messaging your Mom. You could have spelled out the word AGAIN.


even if it was twitter or a text to his mum, there's still no excuse for spelling like that.


I am building a quoting pyramide...come join me in my endeavour...

TunDraGon is recruiting! "Also, your boobs [:o] "   CCP Eterne, 2012 "When in doubt...make a diȼk joke." Robin Williams - RIP
Borascus
#57 - 2012-11-22 10:04:55 UTC  |  Edited by: Borascus
Jack Miton wrote:
I don't get the confusion regarding plex prices rising since the reason is extremely basic.
the amount of wealth in EVE is going up.
thus people have more disposable isk.
thus more people are plexing accounts rather than paying cash.
meanwhile, number of people needing to sell plex for isk is going down/staying the same.
thus more demand for same/lower supply.
hence price goes up.

not really rocket science.
people haven't posted a million threads about the steadily rising prices of T2 invulns so please stop posting a million threads about the rising prices of plex.

plex prices are going up. we know. we dont care. move on.


By this logic there is no demand for PLEX, as everyone has enough ISK, and all those that had enough ISK applied plex to their accounts for the next year......

You only need to look at the volume traded vs. number of online characters (running average) to see this.
Eugene Kerner
TunDraGon
Goonswarm Federation
#58 - 2012-11-22 10:09:27 UTC
Max Chee wrote:
http://www.youtube.com/watch?v=WUmIdifIpic Shocked

So I was watching the CCP Fanfest about the economy and while I was checking the prices of plex, it just went up from 590mil to 610mil

When will this madness end? Shocked


Great...time to sell some.

TunDraGon is recruiting! "Also, your boobs [:o] "   CCP Eterne, 2012 "When in doubt...make a diȼk joke." Robin Williams - RIP
Rordan D'Kherr
Imperial Academy
Amarr Empire
#59 - 2012-11-22 10:13:03 UTC
Eugene Kerner wrote:

Great...time to sell some.



I'd wait until 650m or 700m.

You know, scarcity and stuff... Blink

Don't be scared, because being afk is not a crime.
John Ratcliffe
Tradors'R'us
IChooseYou Alliance
#60 - 2012-11-22 10:23:48 UTC
I'm not a pikey, so I pay for the game with IRL cash. I couldn't really give a toss what price Plex is. make it a Trillion ISK for all I care.

Plus ça change, plus c'est la même chose