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Plex Prices

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Vaerah Vahrokha
Vahrokh Consulting
#61 - 2014-11-18 20:35:17 UTC
Lilly The Pink wrote:
Well prices are rising so much I'm becoming tempted to hoard some myself.

However from past experience as a rubbish market speculator if an item is looking like a 'must' investment and I decide to throw money at it you can be pretty certain the 'bubble' is about to pop! ShockedLol


Bubble or not, you are meant to "buy low" before (hoping to) selling high. Now it's not low.

EvE Online portal | EvE markets tutorials
The UberSoldier
Science and Trade Institute
Caldari State
#62 - 2014-11-18 22:11:59 UTC
Remember this thead. Next year, there will be a new one with "why is plex so expensive (with a price at 1.3 bil)"

I, for my self, finally learned one thing: Plex is always expensive, there will be no huge crash because there are so many wealthy people trying to secure their money from inflation. If the market would crash we would see huge demand from various people (which are atm just waiting for lower prices) and less supply (because its not sensible anymore to get that few ISK for real life money) -> PLEX rises again.

Look at the PLEX price on the Chinese Server, in 3-4 years we are going to have these prices on Tranquility.
Meilandra Vanderganken
Aliastra
Gallente Federation
#63 - 2014-11-19 10:28:08 UTC
The UberSoldier wrote:
Remember this thead. Next year, there will be a new one with "why is plex so expensive (with a price at 1.3 bil)"
.

You can expect a thread like this every few months even :P .
Dave Stark
#64 - 2014-11-19 11:14:20 UTC
Vaerah Vahrokha wrote:
Now it's not low.


*looks at serenity*

righty.
Dianalexia
Gea'Vii Enterprises
#65 - 2014-11-19 11:28:14 UTC
If less players are going to play do to high price of plex, CCP will probably do something to limit the gold like value of plex (which might be the the real problem with this item). If the number of players will stay the same or increase, so will do the price of plex.

On the other hand, I think CCP already thought about the worst case scenario when they introduced the "Pilot training certificate".
Ria Nieyli
Nieyli Enterprises
SL33PERS
#66 - 2014-11-19 13:03:36 UTC
Checked prices today. Had a good chuckle.
Dianalexia
Gea'Vii Enterprises
#67 - 2014-11-19 19:54:36 UTC
Currently taking a long brake because of boredom, but honestly I will probably be less inclined to get back if I will have to spend too much time to get the isk necessary to fund my accounts with plex. That time may vary from person to person and i'm not that patient P

Thanks CCP, it was nice.
Zahara Cody
Imperial Corrections Service.
#68 - 2014-11-19 20:14:55 UTC
Prices are falling... sell.

Hating is free, that's why poor people do it the best.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#69 - 2014-11-19 20:16:20 UTC
Zahara Cody wrote:
Prices are falling... sell.

...to my buy orders.
350125GO
Sebiestor Tribe
Minmatar Republic
#70 - 2014-11-19 20:40:12 UTC
Bad Bobby wrote:
Zahara Cody wrote:
Prices are falling... sell.

...to my buy orders.



PLEX are the new T2 BPOs. They must be nerfed!

You're young, you'll adjust. I'm old, I'll get used to it.
Zahara Cody
Imperial Corrections Service.
#71 - 2014-11-19 20:56:53 UTC
350125GO wrote:
Bad Bobby wrote:
Zahara Cody wrote:
Prices are falling... sell.

...to my buy orders.



PLEX are the new T2 BPOs. They must be nerfed!


Can't nerf t2 bpos any further.

Hating is free, that's why poor people do it the best.
Alek Azam
Federal Defense Union
Gallente Federation
#72 - 2014-11-19 22:17:24 UTC
Zahara Cody wrote:
350125GO wrote:
Bad Bobby wrote:
Zahara Cody wrote:
Prices are falling... sell.

...to my buy orders.



PLEX are the new T2 BPOs. They must be nerfed!


Can't nerf t2 bpos any further.


WTFunk! I have sold all my plex and bought 30 T2 BPO's.

Blog: http://sellyourmainbro.blogspot.co.uk/

Twitter: @_Alek_Azam_
Circumstantial Evidence
#73 - 2014-11-19 22:50:39 UTC
According to eve-central at this time, ~6800 buy orders are chasing after ~500 available for sale. I think plex 'collectors' have succeeded at driving price up, by keeping stock off the market. I expect stocks to be re-listed and price to come down, close to the nearly-inevitable holiday CCP sale.
Vyktor Abyss
Abyss Research
#74 - 2014-11-20 00:02:40 UTC
I'd quite like to see PLEX have an expiry time after their first market transaction to stop people stockpiling them for trading and reselling later.

I'd also like to see Mila Kunis naked in my bed waiting for me later, however I know that won't happen either all because CCP is so greedy for people's real money and know higher PLEX prices means more in game stuff for people's money.... and less chance for Mila in my bed.

Barstewards.
Sabriz Adoudel
Move along there is nothing here
#75 - 2014-11-20 01:24:44 UTC
I am interested to see how much the price falls when the next significant sale on 30 PLEX packs hits and the whales get Christmas bonuses.

And I am also interested in how much the price rises the next time Power of Two is advertised. Didn't X ATM invest almost a thousand PLEX in that recently?

I support the New Order and CODE. alliance. www.minerbumping.com
Zetsubou Gakusei
Republic University
Minmatar Republic
#76 - 2014-11-20 08:38:27 UTC
I had an experiment in mind but since I'm no expert trader I have no idea what would happen.

Let's say I buy a single plex from CCP
Then I sell that plex through a sell order
Then with the money I set up a buy order for a plex

Then if it gets fullfilled I sell that plex again
and so on

What would happen? would I slowly make enough of a profit to be able to buy a second plex?
Would the increasing prices interefere or make this process easier?

Maybe people are already doing this?

Is this a completely dumb idea and I'd just waste money?

What do the experts think?
Angelica Everstar
#77 - 2014-11-20 13:29:41 UTC
IF done right - sure
If not - you will just waste time and some isk

§ Current Bond AE09 1 Trillion / Acc. 4,5t ISK

ƒ Want to become a better trader ?

¢ Pls help support EVEs charities!

@EveEntrepreneur
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#78 - 2014-11-20 13:58:29 UTC
If you have to ask these questions, then chances are the excercise would not end well!

But it is absolutely possible to profit from an approach like that.
Zetsubou Gakusei
Republic University
Minmatar Republic
#79 - 2014-11-20 14:08:17 UTC
Angelica Everstar wrote:
IF done right - sure
If not - you will just waste time and some isk

Bad Bobby wrote:
If you have to ask these questions, then chances are the excercise would not end well!

But it is absolutely possible to profit from an approach like that.


Of course I know I'd probably fail given my little knowledge of the subject.

Still, it's pretty interesting to know
Elvandari
Valheru industries
#80 - 2014-11-20 14:24:34 UTC
Zetsubou Gakusei wrote:
Angelica Everstar wrote:
IF done right - sure
If not - you will just waste time and some isk

Bad Bobby wrote:
If you have to ask these questions, then chances are the excercise would not end well!

But it is absolutely possible to profit from an approach like that.


Of course I know I'd probably fail given my little knowledge of the subject.

Still, it's pretty interesting to know



sometimes it is really hard to make profit from trading PLEX due to broker fees and taxes being really high but you definitely can do that (as i already did few times in the past)