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"Plex prices through the roof"

Author
Capt Willard
Section Nine
#1 - 2011-11-05 16:54:14 UTC
So I go to login and see one of those display once ads. It reads "Plex prices through the roof, some see this as an opportunity!"

My first thought was "most think we're doomed", but good spin CCP, nice to see you trying to get the plex market spinning again properly.

I used to pay for eve via subscription fee, but soon as plex came out, i started using plex bought with iskies instead, feeling that it almost like an 'eve pention' for those that had spent enough subscription money and time to have enough isk to buy them. Essentially, another geek is paying for my game by proxy, and this has been just swell. It's worked fine for several years, but my pile of space gold is gone and its looking like i'm gonna have to fight the OCD and drop all but one account.

Why has plex risen 100mil in a couple of months? Simple principles of economics suggest that demand is greater than supply, so whats happened, is it the supply thats dropped, or the demand? Only CCP can truely know this, and from alot of the 'special offers' they've done recently, i'm thinking that mostly suppply has dropped.

Soooo, why aren't you super geeks and ultra nerds buying the same amount of plex?

Has eve become too socially dynamic and people are learning too many social skills enabling them to spend their money on real life interractions, fueled by drink and weed like everyone else?

Is the average nerd not getting paid enough to tern someone else's office computer off and on again in the current economic climate?

Did that many hard-core players really quit after the whole walking-in-stations-so-you-have-something-to-spend-micro-transactions-on CCP-rinse-out began? (My quick 2-cents on that being that if CCP had advertised it as a kinda "charity event to aid a floundering company you love" they'd have made loads more cash and people wouldn't got angry)

So what about demand??

Well, lots of people I know have gone into 'eve hibernation' since the whole aurum nonsense began. This meant people buying 6-12 months worth of plex for several accounts all at once. Also, there's been alot of 'buddy prog / power of two' etc offers, I myself gave in on impulse, and 6 months later am buying one more plex a month i cant really afford.

How bout botting? I've heard several of the subscription based botting suites dont work atmo, and havent for about a month. Firstly, grats CCP, I can't even afford a botting prog let alone your game, so still have the fist-shaking 'pesky-kids' attitude to botters. If you're a botter, you pay for the bot so you can buy plex and not have to pay CCP twice the price. So, once these progs stop working for a month, isotope-prices start going through the roof and I imagine it'd be a sensible idea to spend all your botted isk on plex right away as it would be un-certain if the progs will work again and you'll have the same isk income...

Soo eve comunity (and trolls) whatcha think of my ramblings? Why's the plex price gone so high so fast?

p.s please try not to put too much "we're all doomed/failscade" talk in replies, not interested in whether we're doomed, just why :)


Jenshae Chiroptera
#2 - 2011-11-05 17:17:05 UTC
Double dip recession. RL impacts on cyber life.

CCP - Building ant hills and magnifying glasses for fat kids

Not even once

EVE is becoming shallow and puerile; it will satisfy neither the veteran nor the "WoW" type crowd in the transition.

Renan Ruivo
Forcas armadas
Brave Collective
#3 - 2011-11-05 17:20:52 UTC
your post lacks a TL;DR.

Also, i do believe that some increase in demand has happened by those who think that by buying plex they are "denying revenue" to CCP.

There are those who will say it has to do with the AUR, but i beg to differ.. I simply think that the supply has been greatly reduced.

The world is a community of idiots doing a series of things until it explodes and we all die.

Terminal Insanity
KarmaFleet
Goonswarm Federation
#4 - 2011-11-05 17:21:06 UTC
You think theres a logical reason for the price hike?

I remember when it used to cost 160mil for 30d GTC, and that wasnt very long ago at all.

The change from 30d/90d gtc's into 60d only made plex sellers raise their prices up to about 250 also. Why? Because they saw an increase of about 1 dollar and somehow thought it j ustified a 80% price increase

This is internet spaceships, its full of children, theres no logical reason other then thats what people are forced to pay now, and Plex sellers can get away with it

"War declarations are never officially considered griefing and are not a bannable offense, and it has been repeatedly stated by the developers that the possibility for non-consensual PvP is an intended feature." - CCP

Stealing Honest
Stealing Honest Speculation Group LLC
#5 - 2011-11-05 17:29:11 UTC
If we all do our job and work together, we can get the prices up to a nice stable 600m.

SH
Capt Willard
Section Nine
#6 - 2011-11-05 17:42:42 UTC
Terminal Insanity wrote:
You think theres a logical reason for the price hike?

I remember when it used to cost 160mil for 30d GTC, and that wasnt very long ago at all.

The change from 30d/90d gtc's into 60d only made plex sellers raise their prices up to about 250 also. Why? Because they saw an increase of about 1 dollar and somehow thought it j ustified a 80% price increase

This is internet spaceships, its full of children, theres no logical reason other then thats what people are forced to pay now, and Plex sellers can get away with it


Hehe yes I guess in a game this complex and sci-fi it is easy to wrongly-assume that most people playing this game think using a positronic matrix. Perhaps I've managed to block out the horror that was goon-coms too well to consider how un-noble the beast that is man can be!

Think you've def got a point with it being what people can get away with charging tho, gotta be a "rule of aquisition" about that somewhere. Especially with something so vital to survival like plex. With any other ingame item people would simply use something else if the price got silly, but things like plex, and in rl oil, people will always buy it if they can and adapt around its cost.

Not sure about the idea of 'buying plex to deny ccp money' as CCP still gets the cash, and your just adding a proxy by means of plex buyer. It kinda seems about as ethically superior as paying to take a taxi so you dont buy petrol, as a form of protest.

Unless it's kinda a 'given' that CCP is forced to spawn extra plex to compensate for large fluctuations in people buying them, and some of those plex never earned them any cash.
Akrasjel Lanate
Immemorial Coalescence Administration
Immemorial Coalescence
#7 - 2011-11-05 18:05:27 UTC
Capt Willard wrote:
So I go to login and see one of those display once ads. It reads "Plex prices through the roof, some see this as an opportunity!"

My first thought was "most think we're doomed", but good spin CCP, nice to see you trying to get the plex market spinning again properly.

I used to pay for eve via subscription fee, but soon as plex came out, i started using plex bought with iskies instead, feeling that it almost like an 'eve pention' for those that had spent enough subscription money and time to have enough isk to buy them. Essentially, another geek is paying for my game by proxy, and this has been just swell. It's worked fine for several years, but my pile of space gold is gone and its looking like i'm gonna have to fight the OCD and drop all but one account.

Why has plex risen 100mil in a couple of months? Simple principles of economics suggest that demand is greater than supply, so whats happened, is it the supply thats dropped, or the demand? Only CCP can truely know this, and from alot of the 'special offers' they've done recently, i'm thinking that mostly suppply has dropped.

Soooo, why aren't you super geeks and ultra nerds buying the same amount of plex?

Has eve become too socially dynamic and people are learning too many social skills enabling them to spend their money on real life interractions, fueled by drink and weed like everyone else?

Is the average nerd not getting paid enough to tern someone else's office computer off and on again in the current economic climate?

Did that many hard-core players really quit after the whole walking-in-stations-so-you-have-something-to-spend-micro-transactions-on CCP-rinse-out began? (My quick 2-cents on that being that if CCP had advertised it as a kinda "charity event to aid a floundering company you love" they'd have made loads more cash and people wouldn't got angry)

So what about demand??

Well, lots of people I know have gone into 'eve hibernation' since the whole aurum nonsense began. This meant people buying 6-12 months worth of plex for several accounts all at once. Also, there's been alot of 'buddy prog / power of two' etc offers, I myself gave in on impulse, and 6 months later am buying one more plex a month i cant really afford.

How bout botting? I've heard several of the subscription based botting suites dont work atmo, and havent for about a month. Firstly, grats CCP, I can't even afford a botting prog let alone your game, so still have the fist-shaking 'pesky-kids' attitude to botters. If you're a botter, you pay for the bot so you can buy plex and not have to pay CCP twice the price. So, once these progs stop working for a month, isotope-prices start going through the roof and I imagine it'd be a sensible idea to spend all your botted isk on plex right away as it would be un-certain if the progs will work again and you'll have the same isk income...

Soo eve comunity (and trolls) whatcha think of my ramblings? Why's the plex price gone so high so fast?

p.s please try not to put too much "we're all doomed/failscade" talk in replies, not interested in whether we're doomed, just why :)




Umadbro

CEO of Lanate Industries

Citizen of Solitude

Hirana Yoshida
Behavioral Affront
#8 - 2011-11-05 18:14:15 UTC
Pretty high ceiling so they haven't gone through yet ..

On Farmville, aka. Serenity Server, plexes went for 900M-1B last I checked so we have a ways to go. When/if CCP gets serious about making botting, botters and their sympathizers hunted prey then plex prices will drop again as market won't be able to sustain inflated prices for long and more plex will be available from the now reformed botters (expensive tastes take a while to shed).
Satav
Aliastra
Gallente Federation
#9 - 2011-11-05 18:16:11 UTC
Outsourcing all our labor to China, high oil prices, the european debt crisis..........

This is why plex is so high :P.

_____________________________________________________________________________________

"Your Erebus is docked? How the hell did that happen?" "It took a lot of grease and pushing....."
mkint
#10 - 2011-11-05 18:18:58 UTC
tl;dr

Plex prices reflect one, and only one thing. How many people are willing to pay $ for EVE. It's called supply and demand, and it's how economics works.

Maxim 6. If violence wasn’t your last resort, you failed to resort to enough of it.

Large Collidable Object
morons.
#11 - 2011-11-05 18:19:09 UTC
Capt Willard wrote:

Not sure about the idea of 'buying plex to deny ccp money' as CCP still gets the cash, and your just adding a proxy by means of plex buyer. It kinda seems about as ethically superior as paying to take a taxi so you dont buy petrol, as a form of protest.



Nobody I know switched to buying plex to 'deny CCP money'.

I switched because seeing the entire monoclegate, CCP trying to force WoD beta on me and spending all of eve's revenue on WoD and Dust, I figured eve was going down the drain.
If they gain enough new subscription fee from the dress-up barbie crowd, fine with me, but I play eve for the spaceships and wouldn't be interested in playing second life in space, so I would have quit sooner or later - not in a 'take that CCP! I cancel my 10 accounts' way, but in a 'I'm simply too bored to continue playing with Eve being entirely stagnant and I'll eventually forget logging in to buy another plex' way.

And why would I have quit with muliple billion isk belonging to CCP anyway? So I decided to buy plex, keep training and if CCP come to their senses, start playing again. Better than quitting and leaving the isk rot on a dead account.

Quote:

Unless it's kinda a 'given' that CCP is forced to spawn extra plex to compensate for large fluctuations in people buying them, and some of those plex never earned them any cash.



Why on earth would CCP do that? They want people to buy GTCs - once they're converted into PLEX, CCP couldn't care less what happens with them unless prices dropped so low, nobody would pay 15 bucks instead of 10 minutes of ratting.

If CCP would manipulate plex prices (which they admitted they might do in the last QEN), they would intervene to prevent prices from dropping too low.

Note that I don't think CCP is manipulating prices at the moment, but with the addition of more and more easily accessible tremendous isk faucets like incursions, isk inflation is spiraling.
Given the fact that making a bill is as easily done as doing 10 hours of highsec incursions a month, I think a bill for a plex would still be a fair price.
You know... [morons.](http://www.youtube.com/watch?v=4gjOx65yD5A)
Capt Willard
Section Nine
#12 - 2011-11-05 18:19:59 UTC
Akrasjel Lanate wrote:


Umadbro


nope just poor, and too bored with pve to earn isk.

If only this was more like rl and I could spend my faction standings on disability benefits and a pipe from the nex store spend them in.
Name Family Name
Imperial Academy
Amarr Empire
#13 - 2011-11-06 00:22:49 UTC
Capt Willard wrote:

Simple principles of economics suggest that demand is greater than supply, so whats happened, is it the supply thats dropped, or the demand?



God - why wonder we're in an economic crisis? Roll
Selinate
#14 - 2011-11-06 00:25:27 UTC
Name Family Name wrote:
Capt Willard wrote:

Simple principles of economics suggest that demand is greater than supply, so whats happened, is it the supply thats dropped, or the demand?



God - why wonder we're in an economic crisis? Roll



Shocked


Any who, I'm calling it now. Prices for plex will eventually drop back down. Just wait.
CATPAIN KIRK
State War Academy
Caldari State
#15 - 2011-11-06 00:33:17 UTC  |  Edited by: CATPAIN KIRK
Name Family Name wrote:
Capt Willard wrote:

Simple principles of economics suggest that demand is greater than supply, so whats happened, is it the supply thats dropped, or the demand?



God - why wonder we're in an economic crisis? Roll



Ma sais if fewer people ask for her she drops the price so the demand dorped
Famble
Three's a Crowd
#16 - 2011-11-06 00:37:44 UTC
Am I the only one who struggles to sympathize with people who "pay-with-plex?" I sit here and find myself thinking it's $15/month, if one can't afford that, then flying internet spaceships probably isn't the best use of one's time.

Meh.

If anyone ever looks at you and says,_ "Hold my beer, watch this,"_  you're probably going to want to pay attention.

thekiller2002us
The J8sters
#17 - 2011-11-06 00:38:12 UTC
i Find reading the book 'Rich Dad Poor Dad" by a japenese guy- helps in situations such as these

I'm with Brick on this one- make thouse carebearing b******s squeal..

Haulin Aussie
Imperial Academy
Amarr Empire
#18 - 2011-11-06 00:38:54 UTC
the tl;dr is

tl;dr
Large Collidable Object
morons.
#19 - 2011-11-06 00:48:54 UTC  |  Edited by: Large Collidable Object
Famble wrote:
Am I the only one who struggles to sympathize with people who "pay-with-plex?" I sit here and find myself thinking it's $15/month, if one can't afford that, then flying internet spaceships probably isn't the best use of one's time.

Meh.


I wondered about that myself, but then, there's eve being single shard and people from many different countries are playing the game. Where I live, living expenses for myself are usually 2-3 Plex/day for me - alone.

Anyway - despite generally being rather open-minded to mock people, I refrain from doing it because of that...

Edit to clarify: Wages and social wellfare are equally high, so paying a couple of subs a month wouldn't even hurt the unemployed, but there may be ppl playing from countries where 15$ may feed a family for a month.
You know... [morons.](http://www.youtube.com/watch?v=4gjOx65yD5A)
Cipher Jones
The Thomas Edwards Taco Tuesday All Stars
#20 - 2011-11-06 00:49:34 UTC
1. PLEX inflation
2. other item inflation.
3. Sell other items.
4. profit.

internet spaceships

are serious business sir.

and don't forget it

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