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PLEX prices...

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Author
Ray Zyrus
Raytec Industries
#1 - 2014-09-05 17:08:44 UTC
Can anyone explain to me how or why the PLEX prices get so rediculous?

they started out at 430 million isk and now they are almost at 800 million. it gets pretty tough for me to pay the account nowadays.

so i know that there sights that are called plexes but aside from that i have no further knowledge about where they are come from.
I just buy them in the market and redeem them.

but if the trend of the rising prices continues i might need to get into these sights to earn a living.

definitely not gonna pay my account with real cash....
Ralph King-Griffin
New Eden Tech Support
#2 - 2014-09-05 17:10:39 UTC
Because ccp are actually the imf trying to sypon off isk before moving into new Eden
Joshua Foiritain
Coreli Corporation
Pandemic Legion
#3 - 2014-09-05 17:11:21 UTC
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?

they started out at 430 million isk and now they are almost at 800 million. it gets pretty tough for me to pay the account nowadays.

so i know that there sights that are called plexes but aside from that i have no further knowledge about where they are come from.
I just buy them in the market and redeem them.

but if the trend of the rising prices continues i might need to get into these sights to earn a living.

definitely not gonna pay my account with real cash....

Because people want to pay 800 mill for them.

The Coreli Corporation is recruiting.

baltec1
Bat Country
Pandemic Horde
#4 - 2014-09-05 17:11:54 UTC
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?



Supply and demand.
Torneach Structor
Deep Core Mining Inc.
Caldari State
#5 - 2014-09-05 17:12:31 UTC  |  Edited by: Torneach Structor
Why not play the game for fun instead of playing the game to keep playing the game to keep playing the game (ad infinitum)?

With regards to the rest of your post, inflation, speculation, manipulation, supply and demand, whatever. All of them have some degree of impact on the prices of varying magnitudes. I'm sure somebody did a thorough analysis somewhere on the interwebs about the whole situation.
Charax Bouclier
Silvershield Universal
#6 - 2014-09-05 17:13:37 UTC
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?

they started out at 430 million isk and now they are almost at 800 million. it gets pretty tough for me to pay the account nowadays.

so i know that there sights that are called plexes but aside from that i have no further knowledge about where they are come from.
I just buy them in the market and redeem them.

but if the trend of the rising prices continues i might need to get into these sights to earn a living.

definitely not gonna pay my account with real cash....


Shoulda bought a bunch at 430k, and flip 'em at 800k. Don't leave yer ISK lying around, unprotected against inflation.

Perhaps 800k will be a bargain in the future. Invest now!
DaReaper
Net 7
Cannon.Fodder
#7 - 2014-09-05 17:14:16 UTC  |  Edited by: DaReaper
Because CCP added new features that uatlize plex, as people use more plex the demand goes up, so the suppliers charge more as there is more demand then supply.

Econ 101.

You want plex prices to fall? you take your/mom/dad's CC, buy a bunch of plexes and put them on the market for lower then the current crop, and you do this until people try to undercut you.

Don't want to do that? ok..

Then take all yoru isk, buy all the plex' in jita and resell it for 1/2 the current price.

No, bad idea?

Ok.. then stop whining.

OMG Comet Mining idea!!! Comet Mining!

Eve For life.

Derrick Miles
Death Rabbit Ky Oneida
#8 - 2014-09-05 17:14:37 UTC
The sites called plexes you can run aren't related to PLEX. A PLEX is an in-game item that can be bought from eve's store, third party retailers, or on the in-game market, and is subject to supply and demand just like any other item. They are in high demand and that demand has been steadily rising since, just like you, players would like to pay for their accounts with isk rather than real money. This is a trend that will most likely continue for the foreseeable future, sorry.
Rayo Atra
Guardians of the Volatile Wine
#9 - 2014-09-05 17:14:51 UTC  |  Edited by: Rayo Atra
Plex that get on the general eve market are originally purchased by players for $20 (US), and then get placed on the market for isk . The reasons for the price rise is a very long conversation, much of which can be found in other threads, or by google searching :]

I still have a solid pile of plex that i purchased for 288 mil, so this general isk inflation has been trending up for years.

P.L.E.X or pilots licence extensions (30 days of game time) are completely separate from DED complex NPC sites usually referred to as a plex.

https://wiki.eveonline.com/en/wiki/DED_Complex_List


https://wiki.eveonline.com/en/wiki/30_Day_Concord_Pilot_License_Extension

Tell you what I do like though: A killer. A dyed-in-the-wool killer. Cold-blooded, clean, methodical and thorough.

-Jean-Baptiste Emanuel Zorg

Remiel Pollard
Aliastra
Gallente Federation
#10 - 2014-09-05 17:20:07 UTC
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?

they started out at 430 million isk and now they are almost at 800 million. it gets pretty tough for me to pay the account nowadays.

so i know that there sights that are called plexes but aside from that i have no further knowledge about where they are come from.
I just buy them in the market and redeem them.

but if the trend of the rising prices continues i might need to get into these sights to earn a living.

definitely not gonna pay my account with real cash....


Sometimes when I'm feeling entitled, I like to take a long, warm bath and try to drown myself in the shallow water in order to restore some sense to myself via the ancient technique of forcing my whole life to flash before my eyes in order to gain some perspective.*

While I don't recommend such extreme measures, I would recommend getting some perspective. EVE is a game, you're not meant to be 'earning a living' from it, you're meant to be playing it.

*Note: I never actually do this. I hate baths. Besides, my face fits in the kitchen sink just fine.

“Some capsuleers claim that ECM is 'dishonorable' and 'unfair'. Jam those ones first, and kill them last.” - Jirai 'Fatal' Laitanen, Pithum Nullifier Training Manual c. YC104

Cameron Freerunner
Republic Military School
Minmatar Republic
#11 - 2014-09-05 17:24:16 UTC
The prices are actually coming down since the implosion of blinky and friends.
Absolutely Not Analt
Carebears on Fire
#12 - 2014-09-05 17:25:08 UTC
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?

they started out at 430 million isk and now they are almost at 800 million. it gets pretty tough for me to pay the account nowadays.

so i know that there sights that are called plexes but aside from that i have no further knowledge about where they are come from.
I just buy them in the market and redeem them.

but if the trend of the rising prices continues i might need to get into these sights to earn a living.

definitely not gonna pay my account with real cash....


Actually I remember when PLEX were in the 300 million ISK range, so sperg on noob. They cost that much because people will pay that much for them due to (as has been pointed out) the economic principle of supply and demand. Personally, I love it since I pay with real $ for my accounts and use PLEX to occsionally fill gaps when my expenditures exceed my income in game. In general, my buying power has increased, so I'm pretty happy.

Eve is a multi player game. And you are the content. - Ralph King-Griffin Being meh at two things is not better than being great at one. - Lugh Crow-Slave

Tippia
Sunshine and Lollipops
#13 - 2014-09-05 17:39:40 UTC
Are they “rediculous”? They seem to be at the price a PLEX is worth…
Cipher Jones
The Thomas Edwards Taco Tuesday All Stars
#14 - 2014-09-05 18:36:46 UTC
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?

they started out at 430 million isk and now they are almost at 800 million. it gets pretty tough for me to pay the account nowadays.

so i know that there sights that are called plexes but aside from that i have no further knowledge about where they are come from.
I just buy them in the market and redeem them.

but if the trend of the rising prices continues i might need to get into these sights to earn a living.

definitely not gonna pay my account with real cash....


There weren't even wormholes yet when PLEX was that cheap.

internet spaceships

are serious business sir.

and don't forget it

Frostys Virpio
State War Academy
Caldari State
#15 - 2014-09-05 18:42:01 UTC
Tippia wrote:
Are they “rediculous”? They seem to be at the price a PLEX is worth…


That's the new conspiracy? Commies are hoarding all the PLEX and will flip them later to buy themself a grand army to conquer all of us?
Caviar Liberta
The Scope
Gallente Federation
#16 - 2014-09-05 18:46:00 UTC
Ray Zyrus wrote:

definitely not gonna pay my account with real cash....


Because you would rather spend your time in the game grinding isk?
Joshua Foiritain
Coreli Corporation
Pandemic Legion
#17 - 2014-09-05 18:47:13 UTC
Absolutely Not Analt wrote:
Actually I remember when PLEX were in the 300 million ISK range, so sperg on noob.

90 day game time cards were 430 mill many, many years ago. Cry

The Coreli Corporation is recruiting.

voetius
Grundrisse
#18 - 2014-09-05 18:49:01 UTC
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?

they started out at 430 million isk and now they are almost at 800 million. it gets pretty tough for me to pay the account nowadays.

so i know that there sights that are called plexes but aside from that i have no further knowledge about where they are come from.
I just buy them in the market and redeem them.

but if the trend of the rising prices continues i might need to get into these sights to earn a living.

definitely not gonna pay my account with real cash....


There was a good article on themittani.com a couple of months ago about plex prices over time. Worth a read if you want to understand the factors that determine plex prices.
Crumplecorn
Eve Cluster Explorations
#19 - 2014-09-05 18:52:58 UTC
This thread is so frequent, I actually feel a sig coming on. But, no-one would ever see it.

Witty Image - Stream

Not Liking this post hurts my RL feelings and will be considered harassment

Jenn aSide
Worthless Carebears
The Initiative.
#20 - 2014-09-05 18:54:41 UTC  |  Edited by: Jenn aSide
People always complain about plex prices when plex prices are just a symptom. The real problem is that EVE Online now has too many "wealth faucets". I say wealth because that includes everything (LP, blue loot, blue prints etc).

Since I've been playing, CCP has added 'systems upgrades' in null that means instead of haivng to go out and hunt for sites/belts with rats in them you can just stay in one place and farm. They added wormholes that they didn't think were farmable (lol cap escalation mechanics) and they get farmed. They added incursions which can be farmed mercilessly in high sec. They added 'rewards' to faction warfare that are crazy farmable with cheap ships.

They've even added rewards to existing pve content (SOE ships available in high sec, and loads of new low sec rewards like clone ships, mordus ship bpcs from belts, SOE ship chips from drone sites, new valuable mods like pithum/gistum invuls from low sec available plexes etc etc).

And then there have been ship (marauders, noctis) and module additions (Bastion) and even automation (MTUs, salvage drones) that have made it easier for even totally uncreative people to pull in isk and things that can be sold for isk or things that can be made to sell for isk.

It's easier now to make crazy isk with a pve fit ship now than it was before Dominion (when belt ratting was a thing). The obvious result of making it easier for people to acquire wealth is rising prices for things people want like PLEX. The addition of all the exploitable wealth faucets for me was going from 1 account paid for with cash to easily plexing the 4 I have now (ie using someone esle's cash).
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