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How long to we have to pay 1B isk for a PLEX?

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Brock Nelson
#61 - 2014-03-20 05:55:14 UTC
(4/15)X + 360 is the formula on how to find the Y, which is (more or less) found via determining how long it took for Y (plex price to get from 360 to 652 today)

Y = (4/15)X + 360
1000 = (4/15)X + 360
1000 - 360 = (4/15)X + 360 - 360
640 = (4/15)X
(15/4)640 = (15/4)(4/15)X
2400 = X

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Monics Shakhtar
Minmatar Secret Service
Ushra'Khan
#62 - 2014-03-20 07:02:49 UTC
Iaredumbomaths wrote:
mynna wrote:
Three years ago PLEX were 360m, roughly. If you accept that it's linear, then you can plug in what we've got (setting 3 years ago as x=0 and y=360, today as x=1095 and y=652) into a linear equation and approximate plex price as y=(4/15)*x+360.

Plug 1b in for Y, solve for X, and you get 2400.


i'm quite horrible at maths, maybe kindergarten level would be a compliment
but can you please explain to me how you got to 2400, and what's the (4/15)*x for ?

en.wikipedia.org/wiki/Linear_equation will help you Big smile
Vaerah Vahrokha
Vahrokh Consulting
#63 - 2014-03-20 07:59:19 UTC
Or, one could just draw a trend line and get an idea in 1 second.
Sure it's not math precision grade (angle could change over time) but you do get the general idea.

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Ronny Hugo
KarmaFleet
Goonswarm Federation
#64 - 2014-03-20 08:25:21 UTC
Yeah I wonder if some people are investing in plexes so they can sit on them for years and sell them slowly when they need extra isk.
Julius Rigel
#65 - 2014-03-20 08:55:01 UTC
Ronny Hugo wrote:
Yeah I wonder if some people are investing in plexes so they can sit on them for years and sell them slowly when they need extra isk.
Roll

It's not a secret club or anything. Yes, many players who are not interested in actively trading do sit on stacks of PLEX, and only keep a bit of ISK for day-to-day stuff.

Well, maybe it is a bit of a secret club. Shhh, don't tell anyone that PLEX price is rising!

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deeks87 deacon
The Scope
Gallente Federation
#66 - 2014-03-20 10:46:38 UTC
joyous the wrote:
I remember paying 315mil for 100day codes, and 115 for 30s. I also remember having to pay 15$ for this game, for years. So quit bitching you get to play for free and stop being poor.


I didn't say i couldn't afford to buy them just curious as to how long to we pay 1b for them.
I payed my sub for 9 months without even playing the game so i have paid my fair share of real cash.

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Gothikia
Wicked Cartel
#67 - 2014-03-22 16:21:28 UTC  |  Edited by: Gothikia
The price of plex is actually kind of scary right now with it ready to touch 700M ISK. I know it's simply a case of supply and demand (after B-R, there was much more supply, so the price dropped and you could easily scoop them up on buys for 610), but, one side effect of this is that it is actually devaluing ISK. When the price of PLEX was around 450, the InterStellar Kredit was much stronger meaning it had more buying power than it does now in relation to PLEX, ie, you could buy more then than you can now with the same amount of money.

I don't follow the economy of New Eden closely enough to know whether these prices are a good or a bad thing, but I do notice its effects. First, plexing three accounts very soon is going to cost 2.1 Billion ISK a month, that is horrendously expensive for anyone. It also creates an imbalance into the economy where there is a transfer of wealth from those can afford to RMT (Real money in exchange for ISK... in my day that was a bannable offense since it was considered RMT) where CCP is benefiting its bottom line at the expense of the economy in New Eden. Sandbox economy my ******* arse.

Unlike some people, I can actually afford to keep plexing 3 accounts, even if it hits 1 Billion ISK per plex, but there is not a lot of people out there who can, and that will only be a bad thing for our economy when you start to take people out of it.

I think PLEX is way too overvalued right now and inevitably, the hoarders will have to start selling them off.

Just my 0.02 ISK.

Edit: I should point out I only just switched all my accounts to plex after paying 1 year subs for them all for the last 2, and in some cases 3 years.

<3 Gothie