These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

EVE General Discussion

 
  • Topic is locked indefinitely.
Previous page12
 

What's with the plex prices

Author
Scrapyard Bob
EVE University
Ivy League
#21 - 2011-11-04 20:11:22 UTC
Jooce McNasty wrote:

Is there anywhere online to be able to pull up market data from the previous months? I am specifically looking from the point that Incursions were implemented up to current date. I would just pull it off of eve but I am at work and I am bored. This will give me something to do.

Edit: found a site not sure how representative it is tho


Eve-MarketData, Eve-Central, EVEMarketeer...

http://eve-marketdata.com/price_check.php?step=Show&type_id=29668&region_id=-2&type=history

Incursions started Nov/Dec of 2010 (January?).
Jooce McNasty
Islefive Consulting
#22 - 2011-11-04 20:58:02 UTC
Scrapyard Bob wrote:
Jooce McNasty wrote:

Is there anywhere online to be able to pull up market data from the previous months? I am specifically looking from the point that Incursions were implemented up to current date. I would just pull it off of eve but I am at work and I am bored. This will give me something to do.

Edit: found a site not sure how representative it is tho


Eve-MarketData, Eve-Central, EVEMarketeer...

http://eve-marketdata.com/price_check.php?step=Show&type_id=29668&region_id=-2&type=history

Incursions started Nov/Dec of 2010 (January?).



Ya I pulled up market data on PLEX on EVE market. There was some funny info when looking at volumes traded that's why I was questioning the accuracy of it.

It also might have been my browser.

I will look more into it at home.

I am trying to compile of list some items that would be affected by inflation first. I am thinking some of the more common Items but then if they are common and there is high volume there is usually a larger percentage of people producing these items giving a stable market.

I am far from an economist so this is all speculation by someone who is bored.

Selinate
#23 - 2011-11-04 21:15:10 UTC
I dunno what's happening with plex prices, but I know when prices fall back down, I'll be the first to start buying them up this time....
Cynthia Gallente
Center for Advanced Studies
Gallente Federation
#24 - 2011-11-04 21:22:36 UTC
Welcome to the free capitalist market.
PLEX prices are high because they can be.
There is nothing to stop them from an ever increase in price, and nothing to stop them from coming into circulation.
The price isn't going to come down, don't kid yourselves in this matter.
As it's been stated over and over -supply and demand. He who controls the supply sets the price.
As the demand for this commodity rises, so does the price.
it's nothing shady.
it's nothing scammy.
it just is.

Post with your lickā„¢

stoicfaux
#25 - 2011-11-04 21:25:39 UTC  |  Edited by: stoicfaux
Ptraci wrote:

If CCP were buying PLEX - which is entirely possible, it means that CCP would have to create ISK in order to buy this PLEX, since PLEX is sold for ISK. If CCP was creating ISK there would be generalized inflation in EVE, not just inflation of PLEX prices. I don't know, are prices going up for everything in EVE? I mean, apart from the obvious Blue Ice and its derivatives.

If CCP were Evil enough to buy PLEX, then, as gods of the sandbox, CCP's Evil could know no bounds. An Evil CCP has perfect market knowledge and the ability to produce anything at zero cost, which means we would need to assume that an Evil CCP would be willing to cover their tracks via other unethical manipulations of the sandbox. Evil CCP could use mineral sell orders (with minerals created from the ether) to balance isk injections from PLEX buy orders.

CCP could be using identity theft to drain isk from players. Eve lost a bunch of subs recently. If you lose a lot of accounts, then the economy can shrink/suffer from the reduced player market interaction. CCP knows the rates at which those accounts accumulated assets and spent isk in the economy, thus CCP could create NPC accounts/bots that follow spending behaviors similar to the formerly active accounts. This preserves the size of the economy while giving CCP the opportunity have these NPC accounts act as enormous sinks.

Or CCP has a marketing/financial trader use CCP's omniscience to drain isk from the economy via conventional means.

Or CCP could engage in RTM where CCP pays RL cash for isk. This "legal" RTM would allow CCP to pull isk out of the economy. The special player gets a legal, safe bounty of say $5 for every 450M isk they collect. That 450M isk sink means that CCP can put another PLEX buy order on the market. Obviously , the $5 bounty would need to be covered by real PLEX sales and would require increased PLEX sales (due to the increased isk value of PLEX) to be worthwhile.

Or maybe Incursion LP stores (or other sinks) have been taking more isk out of the economy than anyone expects.

tl;dr - Use name brand tinfoil. The generic stuff doesn't work.

Pon Farr Memorial: once every 7 years, all the carebears in high-sec must PvP or they will be temp-banned.

Selinate
#26 - 2011-11-04 21:27:26 UTC
Cynthia Gallente wrote:
Welcome to the free capitalist market.
PLEX prices are high because they can be.
There is nothing to stop them from an ever increase in price, and nothing to stop them from coming into circulation.
The price isn't going to come down, don't kid yourselves in this matter.
As it's been stated over and over -supply and demand. He who controls the supply sets the price.
As the demand for this commodity rises, so does the price.
it's nothing shady.
it's nothing scammy.
it just is.



Market history disagrees with you. It has gone up and down with an overall upward trend, hence it will definitely drop at some point. How much is up for debate (it won't be a miniscule drop, though).
Jooce McNasty
Islefive Consulting
#27 - 2011-11-04 21:30:22 UTC  |  Edited by: Jooce McNasty
Selinate wrote:
I dunno what's happening with plex prices, but I know when prices fall back down, I'll be the first to start buying them up this time....



Buy them now because they won't go down.

Incursions won't be nerf'd any time soon, L4 mission runners are still going strong. Isk is going to keep flowing into the market and everything is going to get more expensive. But if everyone has more Isk then is it really more expensive?
Ammzi
Dreddit
Test Alliance Please Ignore
#28 - 2011-11-04 21:35:10 UTC
Jooce McNasty wrote:
Scrapyard Bob wrote:
Jooce McNasty wrote:

Is there anywhere online to be able to pull up market data from the previous months? I am specifically looking from the point that Incursions were implemented up to current date. I would just pull it off of eve but I am at work and I am bored. This will give me something to do.

Edit: found a site not sure how representative it is tho


Eve-MarketData, Eve-Central, EVEMarketeer...

http://eve-marketdata.com/price_check.php?step=Show&type_id=29668&region_id=-2&type=history

Incursions started Nov/Dec of 2010 (January?).



Ya I pulled up market data on PLEX on EVE market. There was some funny info when looking at volumes traded that's why I was questioning the accuracy of it.

It also might have been my browser.

I will look more into it at home.

I am trying to compile of list some items that would be affected by inflation first. I am thinking some of the more common Items but then if they are common and there is high volume there is usually a larger percentage of people producing these items giving a stable market.

I am far from an economist so this is all speculation by someone who is bored.




Hi! In the interest of finding out if incursions really are at fault here I have provided you with a link about the first dates where we began really "farming" the incursions for longer period of times.

http://www.eveonline.com/iNgameboard.asp?a=topic&threadID=1495536

So 12th of April 2011 and on going much more ISK was generated in incursions.
Jooce McNasty
Islefive Consulting
#29 - 2011-11-04 22:27:48 UTC
Ammzi wrote:
Jooce McNasty wrote:
Scrapyard Bob wrote:
Jooce McNasty wrote:

Is there anywhere online to be able to pull up market data from the previous months? I am specifically looking from the point that Incursions were implemented up to current date. I would just pull it off of eve but I am at work and I am bored. This will give me something to do.

Edit: found a site not sure how representative it is tho


Eve-MarketData, Eve-Central, EVEMarketeer...

http://eve-marketdata.com/price_check.php?step=Show&type_id=29668&region_id=-2&type=history

Incursions started Nov/Dec of 2010 (January?).



Ya I pulled up market data on PLEX on EVE market. There was some funny info when looking at volumes traded that's why I was questioning the accuracy of it.

It also might have been my browser.

I will look more into it at home.

I am trying to compile of list some items that would be affected by inflation first. I am thinking some of the more common Items but then if they are common and there is high volume there is usually a larger percentage of people producing these items giving a stable market.

I am far from an economist so this is all speculation by someone who is bored.




Hi! In the interest of finding out if incursions really are at fault here I have provided you with a link about the first dates where we began really "farming" the incursions for longer period of times.

http://www.eveonline.com/iNgameboard.asp?a=topic&threadID=1495536

So 12th of April 2011 and on going much more ISK was generated in incursions.



TY I will look into this more, this gives me a date to work with. I do not want to believe that incursions are the sole issue here. There should be no way that one aspect of this game can affect the price increase we are seeing. I think it could be a combination of things.

Other dates I will be looking up is the Sanctum nerf and when they changed missions to all Q20 agents. These two events are other factors that generate had or do generate large amounts of Isk. I know that I am not counting ratting but the number of players who Ratt are defiantly lower then the number of mission runners. Also I am trying to find a percentage of players that are involved in incursions.

Another factor is you have to look at if there have been any large wars going on. Large fights end up with more destroyed ships and players have less Isk at those points in time. This past year has been quite a large blue nap fest which might have a larger effect on the prices of plex, since the common grunt has more isk to throw around. I realize that wars do not actually destroy Isk they just shift it into the hands of the producers.
KaarBaak
Squirrel Team
#30 - 2011-11-04 23:14:52 UTC  |  Edited by: KaarBaak
Fat cat players (subs + GTCs) moving on?

Forget the PLEX Market...do some analysis of the GTC sales forum.

Dum Spiro Spero

Esperio Ferver
Perkone
Caldari State
#31 - 2011-11-04 23:27:18 UTC
I would suggest that it is actually because of a decrease in the amount of conflict that certain alliances which once purchased much more plex are in.

Denidil
Cascades Mountain Operatives
#32 - 2011-11-04 23:31:56 UTC
Ptraci wrote:
Denidil wrote:


you claimed that volume would be down if supply was constrained, which is wrong in the case of only NEW supply being constrained, which is what i was talking about. your pathetic attempts to evade simply admitting that you made an incorrect statement are ******* pathetic.


Of course volume would be down if there's a supply bottleneck. You can't sell what you don't have.

As for "new supply" I don't know what you mean. Are you saying that all the PLEX that is left on the market is PLEX that has been sitting for sale for years, and no one is buying new PLEX from CCP? Then why is more PLEX being sold this week than last week? Surely less people would want to buy this very expensive, older PLEX. It's not like it's Scotch and it gets better with age.

You are going very far to support a "theory" that CCP for some reason can't sell PLEX to people anymore, and this theory only has your word as evidence. The facts show that for the past few weeks, more people have been buying PLEX in the EVE market (where we can see the volume numbers) than ever before. CCP is probably still selling the same amount of PLEX, leaving supply relatively unchanged. Therefore the price moves up.



******* Amarrian God you're dense

New Supply - new PLEX entering the game from people converting GTC
Total Supply - New Supply + Existing Supply [aka inventory]
Inventory - PLEX that have been in the market a while but haven't been sold
Volume: sales in a given time


For a long time New Supply averaged just slightly above Volume, creating a noticeable surplus on the market. this surplus didn't grow very fast so it didn't have much effect on price. Then comes event that reduces New Supply, so existing Inventory starts being drawn down some. Then comes an event where demand goes up, and Inventory starts being noticeably reduced, price starts going up.


this is ******* like Economics 100. seriously.

Tedium and difficulty are not the same thing, if you don't realize this then STFU about game design.

Previous page12