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Plex hits 1b ISK in Jita

First post
Author
Market McSelling Alt
Doomheim
#401 - 2015-09-18 19:57:40 UTC
Bagrat Skalski wrote:
Its hard to say where these prices would be in a month. Days of predictability are over. Something snapped.



Lots of old rich players were are going to leave the game anyways decided to take their isk and ruin it for everyone?

I don't know. That is what I am doing. Before I go I am buying a few hundred billion isk of Plex to keep it off the market, then unsub all of my accounts.

CCP Quant: Of all those who logon in Eve, 1.5% do Incursions, 13.8% PVP and 19.2% run Missions while 22.4% mine.

40.7% Join a fleet. The idea that Eve is a PVP game is false, the social fabric is in Missions and Mining.

Odie McCracken
Federal Navy Academy
Gallente Federation
#402 - 2015-09-18 20:09:08 UTC
So what page will this thread be on when it gets to 1.5Bil? My guess is 25.
Market McSelling Alt
Doomheim
#403 - 2015-09-18 20:31:17 UTC
Odie McCracken wrote:
So what page will this thread be on when it gets to 1.5Bil? My guess is 25.



Don't be so sure... watch the price as we type. Someone is getting out early

CCP Quant: Of all those who logon in Eve, 1.5% do Incursions, 13.8% PVP and 19.2% run Missions while 22.4% mine.

40.7% Join a fleet. The idea that Eve is a PVP game is false, the social fabric is in Missions and Mining.

Tank Murdock Jnr
Imperial Shipment
Amarr Empire
#404 - 2015-09-18 20:32:32 UTC
Odie McCracken wrote:
So what page will this thread be on when it gets to 1.5Bil? My guess is 25.


Well, I'm reliably informed that lots of old rich players are leaving with the intention of ruining it for everyone. So, page 22.

When a person is insane, as you clearly are, do you know that you're insane? Maybe you're just sitting around, reading 'Guns and Ammo', masturbating in your own faeces...do you just stop and go, 'Wow! It is amazing how f*cking crazy I really am!'?

Markus Reese
Deep Core Mining Inc.
Caldari State
#405 - 2015-09-18 20:46:26 UTC
Tank Murdock Jnr wrote:
Odie McCracken wrote:
So what page will this thread be on when it gets to 1.5Bil? My guess is 25.


Well, I'm reliably informed that lots of old rich players are leaving with the intention of ruining it for everyone. So, page 22.


When the garbage is cleaned up, does it not get better?

To quote Lfod Shi

The ratting itself is PvE. Getting away with it is PvP.

Market McSelling Alt
Doomheim
#406 - 2015-09-18 20:49:53 UTC
Markus Reese wrote:
Tank Murdock Jnr wrote:
Odie McCracken wrote:
So what page will this thread be on when it gets to 1.5Bil? My guess is 25.


Well, I'm reliably informed that lots of old rich players are leaving with the intention of ruining it for everyone. So, page 22.


When the garbage is cleaned up, does it not get better?



No, the lights get turned off.

CCP Quant: Of all those who logon in Eve, 1.5% do Incursions, 13.8% PVP and 19.2% run Missions while 22.4% mine.

40.7% Join a fleet. The idea that Eve is a PVP game is false, the social fabric is in Missions and Mining.

Markus Reese
Deep Core Mining Inc.
Caldari State
#407 - 2015-09-18 21:01:09 UTC  |  Edited by: Markus Reese
Market McSelling Alt wrote:


No, the lights get turned off.


That is only if new players dont come in their place. Let the old vets leave. Those of us with a more community game mentality will build a better gameplay environment that is actually inclusive... If CCP is in this for the future still.

To quote Lfod Shi

The ratting itself is PvE. Getting away with it is PvP.

Aoife Fraoch
The Scope
Gallente Federation
#408 - 2015-09-18 23:17:05 UTC
If the current activity is caused by players exiting the market (leaving the game is exiting the market, even if the assets are locked in their accounts) then it should only be tempory.

Oh and one more thing, posts from interested parties to a forum used by a minority of players is not a good indication of what the player base thinks. It is so far away from anything resembling a survey that those treating it as such are bad and should feel bad.
Geanos
The Scope
Gallente Federation
#409 - 2015-09-18 23:41:21 UTC
Tbh, cheap ISK creates a bigger problem than the PLEX price. It kills the "shakes" and it kills the ability to inflict meaningful losses to your opponents, both the trademarks of EVE for a long time. Kills of 1 or 2 billion ISK are not even being look at a second time, supercarrier kills are like "yeah, nice, let's move on" and losing a faction / T3 fleet is not worth the effort of lifting an eyebrow, all because we know they are easily replaced.

This hurts EVE more than the PLEX prices. Cheap ISK makes the game boring.
Aaron
Eternal Frontier
#410 - 2015-09-19 00:13:25 UTC
Circumstantial Evidence wrote:
Supply has slowly increased over the last 12h, but not at the prices we might like, lol. Again, the important thing for CCP, if they are intervening in supply at all, is to calm the rate of increase.

I think a few rich players (all these 25-lots) are hoping for another run-up, to cash out on the high end. (But they could have been listed for sale some time ago, I wasn't looking for these types of numbers in previous posts.)

The 36-lot at the "low" end is the largest lot on the low side, which kind of puts a temporary "floor" on things, for as long as it stays un-edited and other players say "no, I can sell cheaper than that." Only looking at the large lots. There are a bunch of 9-lots lower than this, an easy number to type that might also be a small number of players ;)

Numbers from eve-central:

1,600,000,000.00 - 25
1,500,000,000.00 - 25
1,499,999,999.00 - 20
1,400,000,000.00 - 25
1,380,000,000.00 - 25
1,370,000,000.00 - 25
1,365,000,000.00 - 25
1,329,598,999.00 - 22
1,318,999,999.99 - 36

Interesting Buy order:
1,256,007,000.00 - 100
Wow.


Whoever the 100 unit buy order belongs to is going to lose lots of isk. I'm thinking that lots of folk would have off loaded their plex to that 100 buy order and exited plex trading. Circumstantial, is that buy order still at 100?

The people you mention trying to cash out will have a hard time doing so, we have seen a few posts saying that plexing multiple accounts has become hard and not worth the effort. admittedly I don't know the extent of how many guys have cancelled their extra accounts my gut tells me it is a handful. I have come to the conclusion that there won't be as much plex sales as there were.

I've said this before but there seems to be more plex on the market since my last post, Is business for CCP really good, or is it really plex traders cashing out.

Since there seems to be no plex traders contributing to this convo it's hard to know for sure. I guess all traders can really do is speculate just like what I am doing, It is important analyse everything related to a product you're trading, I think that buy order for 100 belongs to Salvos or Tippia, they don't realise they are about to fail.

Fear no one, live life, be free, accept the truth, do not judge others, defend yourself, fight hard till the end, meditate on problems and be prosperous. Things to exist by. -- RAIN Arthie

Zihao
Doomheim
#411 - 2015-09-19 00:51:59 UTC
Geanos wrote:
Cheap ISK makes the game boring.


Incidentally, it also drives the price of PLEX since that's one of the few ways one can safely invest all that lumpen isk.
Nevyn Auscent
Broke Sauce
#412 - 2015-09-19 01:16:23 UTC
Geanos wrote:
Tbh, cheap ISK creates a bigger problem than the PLEX price. It kills the "shakes" and it kills the ability to inflict meaningful losses to your opponents, both the trademarks of EVE for a long time. Kills of 1 or 2 billion ISK are not even being look at a second time, supercarrier kills are like "yeah, nice, let's move on" and losing a faction / T3 fleet is not worth the effort of lifting an eyebrow, all because we know they are easily replaced.

This hurts EVE more than the PLEX prices. Cheap ISK makes the game boring.

Except it's only 'easy to replace' for the monolithic null entities that are full of vets.
Everyone else gets crippled by those loses.
Bagrat Skalski
Koinuun Kotei
#413 - 2015-09-19 01:32:37 UTC  |  Edited by: Bagrat Skalski
Its when you have a game of vets with years of neglecting the "jesus" features, economy with ISK fountains and trying to be relevant on ps3, or other platforms and not your key clients. Now you get the term bittervet. Its essence is in that cheap ISK flooding the market.

Its our end game. Chinese got it few times earlier already. Their Vets are aquiring their status really fast, same as ISK.
Candy Box
One Night Standings
#414 - 2015-09-19 01:46:41 UTC
I just suspended our sevice to Eve pilots wishing to boost their standings. We have done nearly 200 boosts for people in the last year. But I don't have the staff anymore. Plex and the general feeling Eve is headed in the wrong direction has left me without mission runners in our organization. Also our client pool is drying up because there is generally less people in the game now and little influx of new players.

TL:DR = Plex manipulators won. ONS losses out.
Yang Aurilen
State War Academy
Caldari State
#415 - 2015-09-19 02:06:55 UTC
Candy Box wrote:
I just suspended our sevice to Eve pilots wishing to boost their standings. We have done nearly 200 boosts for people in the last year. But I don't have the staff anymore. Plex and the general feeling Eve is headed in the wrong direction has left me without mission runners in our organization. Also our client pool is drying up because there is generally less people in the game now and little influx of new players.

TL:DR = Plex manipulators won. ONS losses out.


Isn't it because more people are actually going to null with the anom buffs?

Post with your NPC alt main and not your main main alt!

Aoife Fraoch
The Scope
Gallente Federation
#416 - 2015-09-19 02:54:06 UTC
For all the doom and gloom happening here, it is interesting that when you start to trawl through the market data (thank you CCP for the CREST API) the volume of plex being traded seems to be largely unaffected by the price.

The extreme changes in PLEX price is totally unrelated to volume.

I think a few times in this thread people have always mentioned how real money activity for PLEX is mostly unaffected by in game activity.
Zihao
Doomheim
#417 - 2015-09-19 03:21:28 UTC
Aoife Fraoch wrote:
For all the doom and gloom happening here, it is interesting that when you start to trawl through the market data (thank you CCP for the CREST API) the volume of plex being traded seems to be largely unaffected by the price.

The extreme changes in PLEX price is totally unrelated to volume.

I think a few times in this thread people have always mentioned how real money activity for PLEX is mostly unaffected by in game activity.


The price of a desirable good going up tends to get the economically deficient into a frenzy.
Divine Entervention
Doomheim
#418 - 2015-09-19 03:28:22 UTC
Sorry guys, looks like you're going to have to take a shower and go get a job.
Aaron
Eternal Frontier
#419 - 2015-09-19 03:51:34 UTC
Candy Box wrote:
I just suspended our sevice to Eve pilots wishing to boost their standings. We have done nearly 200 boosts for people in the last year. But I don't have the staff anymore. Plex and the general feeling Eve is headed in the wrong direction has left me without mission runners in our organization. Also our client pool is drying up because there is generally less people in the game now and little influx of new players.

TL:DR = Plex manipulators won. ONS losses out.


Another group of people affected by plex price. Tippia, Salvos have you read this post and understood it? This Ceo has obviously asked his corp members why they are leaving the game and they have told him it is partly to do with plex price. This is key information for CCP and plex traders to work off of.

So, now we have 1 less corp in Eve, this one helped players boost standings which is honorable.

Based on the RL plex price being £16.99 in the UK and the isk plex price being 1.3b, £1.00 seems to be worth approx 76m. If the RL plex price was £9.99 we could see an isk plex price of 760m. So people who buy plex for RL cash will still get a good deal and because players would be in a better position to plex more than 1 account we would see more plex sales in game, and obviously more RL plex sales for CCP. The only thing that will change is the monthly grind for plex users won't be so hard.

Honestly, the plex traders are just trying to get some value for the RL cash they spent because it is expensive compared to the sub cost. My solution above will get plex users back in the game and boost the economy, we could have the 5 account miner back flooding the market with minerals making everything nice and cheap, more players in game means more to shoot at, and CCP will solidify their existing customer base and give new players who want to play an easier goal to achieve for affording plex.

We can't continue to ignore posts like the one I quoted and pretend there's nothing wrong, CCP must act before it is too late.




Fear no one, live life, be free, accept the truth, do not judge others, defend yourself, fight hard till the end, meditate on problems and be prosperous. Things to exist by. -- RAIN Arthie

Zihao
Doomheim
#420 - 2015-09-19 03:55:15 UTC
Aaron, I'm surprised you haven't suggested the obvious solution of forcing every player to submit a tax return so that CCP can charge only those able to pay. This really is the only "fair," way of doing things. Surely a good socialist would support this instead of that craven-quasi-capitalist stuff you mentioned in the other thread?