Market Discussions

You are all so silly... EVE MD people, you so silly.

For the logical minded:

PLEX = 30days regardless, and also 1 month of training etc... these are fixed and do not change, eg. they are a hedge like gold per ounce or a barrel or oil, or bacon, but more like gold because they do not degrade with time and all that unlike some commodities.

The amount of ISK you pay to buy or the amount you get when you sell are only real if you do one of them = realized gain or loss, should you sell, if you hold them that is not realized as they will always have a market price that is variable (but history shows they always go up over time with minor dips and levels from a new set price.

When PLEX is high hold them, and only use them as needed, when PLEX is low accumulate more if you can, this is the "way of the PLEX" - zen style.

Price doesn't matter unless you can't afford one and you need on to stay active. This is the point at which most people grumble... but if ISK is coming in, then getting one (or more) isn't really an issue.

What would be the case imho = people saw a natural sell point to liquidate some PLEX into ISK as well as an intervention in PLEX and then perhaps the isboxer thing may have had some impact but I don't think so, because PLEX selling doesn't help you with that announcement, if you have a bunch of accounts and you let them unsub, which is dumb, you could sell them for ISK, then also you could sell the assets for more ISK and simply keep you PLEX as you can use them with your main... I don't see any boxers I know quitting over it, and most of them didn't have a pile of PLEX as they had to box monthly to get enough ISK to get all the PLEX from the market to keep going... so they didn't hold a lot of them they used them as they got them.

The big PLEX holders are the people with 1 or 2 accounts that have 10x or 100x of PLEX in a can somewhere that they don't use more, and as they use them they add a few more always in accumulation mode... they are the ones that help keep the price up, but also they aren't setting the price, the demand is: what the market will allow and pay.

The number of PLEX being brought into existence is the biggest part of the price, if a lot of people put in RM to make new PLEX and then put them on the market the price seems to dip, but only because people who want to accumulate try very hard to push the price down and grab them up - such as the markets eating up any CCP intervention that is putting in PLEX, these are simply temp down-turns because the big ISK wants to pull them all up at the lowest price, and so they do, and then when that happens the price increases over time again as less of them are available.

All you can do in EVE is keep up some king ISK engine where you make enough to balance your PLEX needs with your amount of accounts to your wallet levels - real or in game.

Basically: Productive Activity = Wealth, anything else is just stuff (including PLEX) that someone may give you some of their productivity for, at whatever price is currently seen as a reasonable trade.

Why are we silly and what's your point?

Plex only has a value as long as CCP declares it is valid tender. The day that Plex is declared unsaleable, or non-market based is the day that all your time and effort is worthless.

Is this likely to happen? No
Could it happen? Yes

Before you say that CCP would never do such a thing it would behoove people to look at history. There are numerous examples of priceless items being made worthless with one devblog, including out of game assets.

WTS 60 day time card... WTS 90 day time card?

Changes don't always have to remove something, or add something to significantly effect the game or value of assets.

Some would argue the recent ISBoxer changes will significantly hurt their bottom line. Need more examples?

Off topic, but you don't think banning the use of a tool that let one guy use 30 of the same ship to alpha anything in the game is going to effect the number of accounts that guy keeps active?!

The time card thing is important because it is the reason we have PLEX today. They got rid of the 60 and 90 day time cards, which you bought and transferred in the forums in place of that we got 30 day market available in game assets.

What would prevent them from say losing a court case, or some other change in some other country's laws that would force them to take said assets back out of game? Maybe not make plex worthless, but definitely make it hard to sell 500 of them.

what?! How can you say that the guy/multiboxer using isk to pay for his account has no bearing on amount of PLEX generated?

It does not matter if an account is plex, paypal, month 2 month, they all have to be bought from CCP. If 1000 accounts are unsubbed, then 1000 less plex are needed every month. If they are still being bought but not used, then CCP gets the cash for the plex but retains the liability on their sheets for the time unused.

Or do you think Sleepers drop plex?

Seriously don't be one of those people that think there is some magical disconnect between plex and CCP subscriptions. Every plex is either a 1 month subscription, or a liability towards 1 month of subscription not yet realized... until the day CCP changes policy.

Again, all plex has to be bought before it is sold on the market. If less people are buying, more will have to be bought to purchase the same amount of isk, which in turn drives the price down. This is supply and demand. This is what the thread is about. Please use some common sense.

And the silly comment about .2% or whatever... come on, you really think all 400k accounts in this game are funded through plex? We actually have no idea how many are or are not, but we do have market data. Even a 30 plex a day drop in volume could have substantial effect on the plex market short term.

So yes, it is ******** to think that plex demand only effects sellers and not buyers from CCP.

At the end of the argument the theory being proposed is that PLEX is a 100% safe investment, which is untrue. The various reasons are posted, mine included. The most important I haven't mentioned yet is that there is an abundant supply held by very wealthy players, should one decide to tank the price, they could.

So you use unrelated insults to minimize the points that I am making... got it.

Your argument was that 1000 subs lost wouldnt effect CCP or effect the Plex market. I argue that both your points are wrong.

The two reasons why is, 1000 lost subs hurts CCP no matter how they are funded and 1000 plex per month would be negative to the plex market because of supply and demand.

But you decided to go 1st grade school boy on me and call me names instead.

How did the removal of purchasable 60 and 90 GTCs affect the value of existing 60 and 90 day GTCs?

I remember 2008 when 1 month GTC's where 230-250

Funny http://dl.eve-files.com/media/0801/GTC-1-02-08.zip (Posted - 2007.12.18)