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Does plex only go up?

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Seven Koskanaiken
Shadow Legions.
SONS of BANE
#1 - 2014-01-24 03:22:45 UTC
Over the long term, it only goes up, so investing in plex would make you money if u left it for a while?
Sabriz Adoudel
Move along there is nothing here
#2 - 2014-01-24 03:32:33 UTC
They trend up in periods where average ISK in circulation per player increases (i.e. most of the time).

They drop hard when CCP offers a big sale on them.

Long term, they have trended slowly upward.

I support the New Order and CODE. alliance. www.minerbumping.com
RAW23
#3 - 2014-01-24 07:04:22 UTC
There have been times in the past when PLEX has dropped for long periods, as when it hung at c. 250mil for a year or so, greatly upsetting those who had bought in at 300 or more. Of course, in the long term the price recovered but ...

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.
ISD Ezwal
ISD Community Communications Liaisons
ISD Alliance
#4 - 2014-01-24 13:33:47 UTC
I have removed a rule breaking post.

The rules:
3. Ranting is prohibited.

A rant is a post that is often filled with angry and counterproductive comments. A free exchange of ideas is essential to building a strong sense of community and is helpful in development of the game and community. Rants are disruptive, and incite flaming and trolling. Please post your thoughts in a concise and clear manner while avoiding going off on rambling tangents.

ISD Ezwal Community Communication Liaisons (CCLs)
Verlane Nalelmir
Royal Amarr Institute
Amarr Empire
#5 - 2014-01-24 15:13:22 UTC
It's kinda like the price of Gas. Only going up in the long run even though there are times when it goes down. However I do not recommend holding on to PLEX for any ammount of time as you might do something incredibly stupid....like undocking with it in your cargo hold. That's when the bad things happen.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#6 - 2014-01-24 16:16:16 UTC
PLEX only goes up. Except for when it goes down.

It actually goes down quite often... or at least often enough that the PLEX I'm consuming today was purchased at 500m/unit less than a year ago. When I run out of those, I'll be using PLEX that I purchased at 575m/unit about 3 months ago. Investing in PLEX can certainly pay off in the long term, if you buy wisely.
flakeys
Doomheim
#7 - 2014-01-24 16:28:32 UTC
Bad Bobby wrote:
PLEX only goes up. Except for when it goes down.

It actually goes down quite often... or at least often enough that the PLEX I'm consuming today was purchased at 500m/unit less than a year ago. When I run out of those, I'll be using PLEX that I purchased at 575m/unit about 3 months ago. Investing in PLEX can certainly pay off in the long term, if you buy wisely.



I was so stupid to only sub for 2 years in one go last time , entering my last month now Sad

We are all born ignorant, but one must work hard to remain stupid.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#8 - 2014-01-24 16:34:09 UTC
flakeys wrote:
Bad Bobby wrote:
PLEX only goes up. Except for when it goes down.

It actually goes down quite often... or at least often enough that the PLEX I'm consuming today was purchased at 500m/unit less than a year ago. When I run out of those, I'll be using PLEX that I purchased at 575m/unit about 3 months ago. Investing in PLEX can certainly pay off in the long term, if you buy wisely.



I was so stupid to only sub for 2 years in one go last time , entering my last month now Sad

Do you remember the price you bought in at?

I've also had some success with the Timecode Bazaar, because the prices there can drift quite a way off the in-game price.
Mister Viceguy
Blue Phoenix Rises
#9 - 2014-01-24 16:51:33 UTC
ISD Ezwal wrote:
I have removed a rule breaking post.

The rules:
3. Ranting is prohibited.

A rant is a post that is often filled with angry and counterproductive comments. A free exchange of ideas is essential to building a strong sense of community and is helpful in development of the game and community. Rants are disruptive, and incite flaming and trolling. Please post your thoughts in a concise and clear manner while avoiding going off on rambling tangents.


Well sorry, but thats what happening me and many other, just saying.
Ninder
Viziam
Amarr Empire
#10 - 2014-01-24 17:38:43 UTC
Its down to inflation the amount of isk flying around New Eden is always steadily increasing.
This devalues Isk and therefore plex price rises (becuase it real life monetary value does not change anywhere near as rapidly).

There will of course be short term fluctuations, such as plex sales or more recently the blind auction for the pvp tournament.
All those player wanting to play in the tournament will be buying plex right now to submit auction bids. Most of these players will be unsuccessful and this will create a lot of extra plex that people will want to sell (driving price down).

Long term though the price will never stop rising unless CCP;

a) take huge steps to reduce inflation (eg higher taxes)
b) reduce the real life monetary value of plex
flakeys
Doomheim
#11 - 2014-01-24 19:07:47 UTC
Bad Bobby wrote:
flakeys wrote:
Bad Bobby wrote:
PLEX only goes up. Except for when it goes down.

It actually goes down quite often... or at least often enough that the PLEX I'm consuming today was purchased at 500m/unit less than a year ago. When I run out of those, I'll be using PLEX that I purchased at 575m/unit about 3 months ago. Investing in PLEX can certainly pay off in the long term, if you buy wisely.



I was so stupid to only sub for 2 years in one go last time , entering my last month now Sad

Do you remember the price you bought in at?

I've also had some success with the Timecode Bazaar, because the prices there can drift quite a way off the in-game price.


Pfff good question at LEAST below 500 m then , i think halfway 400 but really not sure .Too long ago for my old memory .

We are all born ignorant, but one must work hard to remain stupid.