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Plex Price will Keep raising Because of this
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Deda Tawate
Upstairs Corporation
Caladrius Alliance
#1 - 2011-12-22 05:42:47 UTC
You see this kill mail?
http://eve.battleclinic.com/killboard/killmail.php?id=14845301
If people keep doing this, our plex price will raise more and more. Time to Keep hold of them Twisted

I sir slaute you for what you did there jasmin Jauch's
You are awarded with medal of Losing Plex.

What are your thought on this pilot, and well......plex prices Lol
Siigari Kitawa
New Eden Archery Club
#2 - 2011-12-22 06:09:39 UTC
If anything, Plex prices will only go DOWN if CCP keeps dumping free aurum into the economy. This recent Aurum Token gave the "Aurum" currency a bit of its edge back, but its currently deflated value means that Plex prices are at a high point, teetering on the edge of collapse to a downward crash.

Need stuff moved? Push Industries will handle it. Serving highsec, lowsec and nullsec - and we do it faster and more reliably than anyone else. Ingame channel: PUSHX
corestwo
Goonfleet Investment Banking
#3 - 2011-12-22 06:21:20 UTC
I think it's funny that you think that plex prices are due to aurum.

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo
Siigari Kitawa
New Eden Archery Club
#4 - 2011-12-22 07:31:36 UTC
It's related in a backwards kind of way. Items on the market which come from Plex are sold for how much % of the Plex they are worth. Therefore Aurum is responsible for setting into place the upward trend of Plex to an extent. When we get another 1000 free Aurum from CCP, it will cause the aurum value to crash and the Plex prices to rise.

It's inflation.

Need stuff moved? Push Industries will handle it. Serving highsec, lowsec and nullsec - and we do it faster and more reliably than anyone else. Ingame channel: PUSHX
Noriko Mai
#5 - 2011-12-22 07:59:57 UTC
Siigari Kitawa wrote:
It's related in a backwards kind of way. Items on the market which come from Plex are sold for how much % of the Plex they are worth. Therefore Aurum is responsible for setting into place the upward trend of Plex to an extent. When we get another 1000 free Aurum from CCP, it will cause the aurum value to crash and the Plex prices to rise.

It's inflation.


And the average temperature increased because the number of pirates decreased.

"Meh.." - Albert Einstein
Rasz Lin
#6 - 2011-12-22 08:29:53 UTC
PLEX goes up because it is being pumped. Someone is pumping it so hard im affraid he is going to destroy his lungs.

Its not rocket science to notice those nice XX at a time buy order series designed to make a barrier for dropping price while spreading individual sell orders up to 600mil.
No La
Greased Lightning Engineering
#7 - 2011-12-22 13:01:33 UTC
lol
Ninyania alCladdyth
McLuvin AstroDynamics
#8 - 2011-12-22 19:01:29 UTC
wow... well, at least he didn't lose any expensive ship mods
Syrk
Caldari Militia Supply Corps
#9 - 2011-12-22 19:23:12 UTC
If I got popped like that I think I would cry.
Mantra Achura
Stammtisch
#10 - 2011-12-22 19:39:58 UTC
37 out of 1000 daily traded PLEXes is nothing.

PLEXes are rising cause some peeeps are pumping prices up in Jita.
Just have a look at buy order side: a lot of large buy orders are pushing and more peeps are jumping on the bandwagon again until the next big crash happens.The trend is not that distinct and prices are struggling wiith its trend thus investments isn't worthwhile imo.
RubyPorto
RubysRhymes
#11 - 2011-12-22 19:42:46 UTC
Siigari Kitawa wrote:
It's related in a backwards kind of way. Items on the market which come from Plex are sold for how much % of the Plex they are worth. Therefore Aurum is responsible for setting into place the upward trend of Plex to an extent. When we get another 1000 free Aurum from CCP, it will cause the aurum value to crash and the Plex prices to rise.

It's inflation.


In theory, Plex and Aurum prices would be pegged.

In practice, CCP has give every account 5500 Aurum, so any NeX item below that is worth some fraction of 0 isk, and every item above that is worth the number of plexes it took to get from 5500 to that item.

(Aurum crashing would, if anything, decrease Plex prices)

Finally, Plex are not converted to Aurum in enough quantity for the NeX store to affect Plex prices.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Shizuken
Venerated Stars
#12 - 2011-12-22 20:20:10 UTC
Rasz Lin wrote:
PLEX goes up because it is being pumped. Someone is pumping it so hard im affraid he is going to destroy his lungs.

Its not rocket science to notice those nice XX at a time buy order series designed to make a barrier for dropping price while spreading individual sell orders up to 600mil.



You sir get a like for your portrait being a side-boob pictureShocked
Jack Miton
School of Applied Knowledge
Caldari State
#13 - 2011-12-22 22:31:13 UTC
Plex prices are high because of incursions flooding everyone with ISK, no other reason.

There is no Bob.

Stuck In Here With Me:  http://sihwm.blogspot.com.au/

Down the Pipe:  http://feeds.feedburner.com/CloakyScout
OllieNorth
Recidivists Incorporated
#14 - 2011-12-23 23:06:45 UTC
Shizuken wrote:
Rasz Lin wrote:
PLEX goes up because it is being pumped. Someone is pumping it so hard im affraid he is going to destroy his lungs.

Its not rocket science to notice those nice XX at a time buy order series designed to make a barrier for dropping price while spreading individual sell orders up to 600mil.



You sir get a like for your portrait being a side-boob pictureShocked


And I always thought it was a bald male cranium . . .
Archangels Lucifer
Caldari Provisions
Caldari State
#15 - 2011-12-24 02:06:56 UTC
I think people need to sell plex for higher price, 460M is a bit low ummm, need more raising......we know alot of people out there have more isk then they can spend.
RubyPorto
RubysRhymes
#16 - 2011-12-24 05:32:01 UTC
Archangels Lucifer wrote:
I think people need to sell plex for higher price, 460M is a bit low ummm, need more raising......we know alot of people out there have more isk then they can spend.


If you think they're undervalued, buy. If you are trying to sell them, list them at a higher price and wait for them to sell. Roll

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Mantra Achura
Stammtisch
#17 - 2011-12-24 13:02:54 UTC
And crashing... Roll
Riley Moore
Sentinum Research
#18 - 2011-12-24 13:05:09 UTC
Mantra Achura wrote:
And crashing... Roll



Shh Cool

Large volumes of highly researched Ammo, drones, charges and ship bpo's. Biggest BPO store in EVE! https://forums.eveonline.com/default.aspx?g=posts&m=445524#post445524
Droxlyn
School of Applied Knowledge
Caldari State
#19 - 2011-12-24 16:09:04 UTC
Are there any wrecks where large stacks of PLEX survived? Or is there some code somewhere that says "If item is PLEX and QTY>5 then 100% chance destroyed?"
Riley Moore
Sentinum Research
#20 - 2011-12-24 16:51:08 UTC
Mantra Achura wrote:
37 out of 1000 daily traded PLEXes is nothing.

PLEXes are rising cause some peeeps are pumping prices up in Jita.
Just have a look at buy order side: a lot of large buy orders are pushing and more peeps are jumping on the bandwagon again until the next big crash happens.The trend is not that distinct and prices are struggling wiith its trend thus investments isn't worthwhile imo.



A week ago I was responsible for 7% of a day's volume exchange. Buying/selling. Cool

Large volumes of highly researched Ammo, drones, charges and ship bpo's. Biggest BPO store in EVE! https://forums.eveonline.com/default.aspx?g=posts&m=445524#post445524
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