These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
 

Plex Prices

First post
Author
Previous Topic Next Topic
N00B-SAIB0T
MK Financial
#1061 - 2015-11-18 23:35:54 UTC
Tangentoar wrote:
I find this a most interesting topic. It is just more proof that CCP let's the market sort itself out. I trade the "real" market every morning, futures to be exact. It really is a simple concept; The price for PLEX will stop going higher when the amount of buyers exceed the sellers. When PLEX was at around 200-300 mil ISK if anyone can remember those days, I had multiple characters cranking out operations so I could fund my alts with PLEX because it made sense. I could mine a belt down or research my bpo's and then sell them for ISK then go buy PLEX so I didn't have to pay. This process really only took me a few days too do. I use to be a BUYER of PLEX from an eve market point of view. Now that the cost of plex is now over 1 billion, it doesn't make sense for me to fund my alts with PLEX and now I purchase it with real money so I can sell it on the market, because it makes more sense for me to do it this way now. If I still tried to make the ISK to buy the PLEX it would literally take me all month just to fund my alts and then I'm still "break even". I consider my time valuable as I'm sure most here do, but some consider money more valuable than time. Currently there are those that consider money more valuable their time so they purchase PLEX with ISK and until that sentiment changes I'm "bullish" on PLEX prices.


Ah yes, glad to see someone else remember when PLEX was 200-300 million. Looks like you and I have the same outlook on things.

I too back then grinded to play for free on two accounts but I didn't really value my time and wasn't in the best financial shape to pay IRL money. I remember either mining or mission running endlessly to fund two accounts a have a little left over, lol.

Fast forward to now- A LOT of free time and plenty of disposable IRL money and I make anywhere between 6 - 10 Billion ISK/month for what amounts to maybe an hour or less per day of effort. Yet... I refuse to pay using a PLEX. I pull out the credit card and buy 3 month chunks of subscription at a time instead.

Years ago I would drool at the thought of using all of this ISK to play for free, or make enough in IRL to not worry about paying the subscription. Maybe I've come to value the fun factor of earning/spending ISK in-game more than the value of IRL money needed to play the game.

Interesting how perspectives can change with time.
Elizabeth Norn
Nornir Research
Nornir Empire
#1062 - 2015-11-19 00:49:05 UTC
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#1063 - 2015-11-19 01:08:37 UTC
Elizabeth Norn wrote:
http://i.imgur.com/MsTN3VX.png

PLEX prices are just out of control, CCP needs to do something.


not sure if troll, im sort of fist pumping though.

@JerryTPepridge
Gadolf Agalder
Sebiestor Tribe
Minmatar Republic
#1064 - 2015-11-19 01:59:31 UTC
Lucas Kell wrote:
Lors Dornick wrote:
I pay for my account(s) using real money, since I refuse to grind for Isk.

Sometimes I find a nice flow and make some, mainly by trading or buying/building/selling.

...
I pay for my accounts in plex, since the act of playing for fun in itself generates me more than enough income to plex my accounts. I'd probably pay with cash if I had to put any effort outside of enjoying the game into it, but I don't see that happening any time soon.

But yeah, plex will always go up.

PLEx went up since the beginning with the occasional low.
If you really calculate by how much, you can deduce percentage of capital amount to arrive to reasonable figures.
This can be used to profit from buying low and selling high.
The only time this would change perhaps is when the PLEx system would change, for whatever reasons or factors.

I recently bought PLEx with real money from the EVE PLEx store.
I usually use the ISK from selling the PLEx to fund my EVE time, because I always have higher costs than ingame income.
I usually buy game time or get game time through the buddy program, and get a free PLEx for ISK or time.
This last time around however, the PLEx went to over 1b ISK, and 1.1b and 1.2b ISK as predicted.
I bought 6 PLEx for $100 and then, 5 more or so, while there was a PLEx sale (only 1 during the sale).
I ended up with 13b ISK liquid, but not enough money or internet time.
So , I bought a PLEx with ISK and activated my trader account with 7 days left, because I didn't know when I could log in.
I therefore paid both with money and PLEx at the same time, by buying PLEx with money and selling PLEx for ISK, and by buying a PLEx with that ISK and selling it for game Time.
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#1065 - 2015-11-19 02:28:09 UTC
Gadolf Agalder wrote:
Lucas Kell wrote:
Lors Dornick wrote:
I pay for my account(s) using real money, since I refuse to grind for Isk.

Sometimes I find a nice flow and make some, mainly by trading or buying/building/selling.

...
I pay for my accounts in plex, since the act of playing for fun in itself generates me more than enough income to plex my accounts. I'd probably pay with cash if I had to put any effort outside of enjoying the game into it, but I don't see that happening any time soon.

But yeah, plex will always go up.

PLEx went up since the beginning with the occasional low.
If you really calculate by how much, you can deduce percentage of capital amount to arrive to reasonable figures.
This can be used to profit from buying low and selling high.
The only time this would change perhaps is when the PLEx system would change, for whatever reasons or factors.

I recently bought PLEx with real money from the EVE PLEx store.
I usually use the ISK from selling the PLEx to fund my EVE time, because I always have higher costs than ingame income.
I usually buy game time or get game time through the buddy program, and get a free PLEx for ISK or time.
This last time around however, the PLEx went to over 1b ISK, and 1.1b and 1.2b ISK as predicted.
I bought 6 PLEx for $100 and then, 5 more or so, while there was a PLEx sale (only 1 during the sale).
I ended up with 13b ISK liquid, but not enough money or internet time.
So , I bought a PLEx with ISK and activated my trader account with 7 days left, because I didn't know when I could log in.
I therefore paid both with money and PLEx at the same time, by buying PLEx with money and selling PLEx for ISK, and by buying a PLEx with that ISK and selling it for game Time.


i'll quit my job right now and work for you.

@JerryTPepridge
Gadolf Agalder
Sebiestor Tribe
Minmatar Republic
#1066 - 2015-11-19 02:55:44 UTC
Jerry T Pepridge wrote:
Gadolf Agalder wrote:
...So , I bought a PLEx with ISK and activated my trader account with 7 days left, because I didn't know when I could log in.
I therefore paid both with money and PLEx at the same time, by buying PLEx with money and selling PLEx for ISK, and by buying a PLEx with that ISK and selling it for game Time.


i'll quit my job right now and work for you.

That's up to you but we could make more if you kept your job.
That would make 4 coders and 1 more business person.
I can't fathom that 1 billion ISK per year is a medium type of business.
That figure has to be closer to 125b ISK to 250b ISK.
(perhaps 250b ISK for a large business.)
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#1067 - 2015-11-19 03:56:50 UTC
Gadolf Agalder wrote:
Jerry T Pepridge wrote:
Gadolf Agalder wrote:
...So , I bought a PLEx with ISK and activated my trader account with 7 days left, because I didn't know when I could log in.
I therefore paid both with money and PLEx at the same time, by buying PLEx with money and selling PLEx for ISK, and by buying a PLEx with that ISK and selling it for game Time.


i'll quit my job right now and work for you.

That's up to you but we could make more if you kept your job.
That would make 4 coders and 1 more business person.
I can't fathom that 1 billion ISK per year is a medium type of business.
That figure has to be closer to 125b ISK to 250b ISK.
(perhaps 250b ISK for a large business.)


not rly a business person, more an analyst

@JerryTPepridge
Teckos Pech
Hogyoku
Goonswarm Federation
#1068 - 2015-11-19 03:57:23 UTC
Jerry T Pepridge wrote:
Elizabeth Norn wrote:
http://i.imgur.com/MsTN3VX.png

PLEX prices are just out of control, CCP needs to do something.


not sure if troll, im sort of fist pumping though.



Wondering if that is a screen shot from Serenity. Question

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online
Lors Dornick
Kallisti Industries
#1069 - 2015-11-19 14:26:16 UTC
Gadolf Agalder wrote:

I paid for my account using real money, except that I had to buy time back with a PLEx because I ran out of money (laid off).

Been there, done that.

Which is another reason to store currently unused liquid ISK in PLEX ;)

CCP Greyscale: As to starbases, we agree it's pretty terrible, but we don't want to delay the entire release just for this one factor.
Lors Dornick
Kallisti Industries
#1070 - 2015-11-19 14:37:36 UTC
Lucas Kell wrote:

I pay for my accounts in plex, since the act of playing for fun in itself generates me more than enough income to plex my accounts. I'd probably pay with cash if I had to put any effort outside of enjoying the game into it, but I don't see that happening any time soon.

But yeah, plex will always go up.

My point was that I have enough ISK (esp if I sell my bonds/plexes) to easily generate enough profit to pay for my account(s).

(Money breeds money, a well trained monkey can generate an avg 5% profit, and with enough investment it'll generate the needed gain).

But I refuse to let a game rule my day.

Some days I love to dig into all the data, politics, scams, schemes and general mayhem that is Eve.

But some days I just can't be arsed to even open the client.

And when I have 'spare' ISK and can't arsed to play, I stash it in plex.

Until I catch the next wave of inspiration :)

CCP Greyscale: As to starbases, we agree it's pretty terrible, but we don't want to delay the entire release just for this one factor.
Gadolf Agalder
Sebiestor Tribe
Minmatar Republic
#1071 - 2015-11-19 15:49:59 UTC
"...So , I bought a PLEx with ISK and activated my trader account with 7 days left, because I didn't know when I could log in.
I therefore paid both with money and PLEx at the same time, by buying PLEx with money and selling PLEx for ISK, and by buying a PLEx with that ISK and selling it for game Time."
Jerry T Pepridge wrote:
i'll quit my job right now and work for you.

"That's up to you but we could make more if you kept your job.
That would make 4 coders and 1 more business person.
I can't fathom that 1 billion ISK per year is a medium type of business.
That figure has to be closer to 125b ISK to 250b ISK.
(perhaps 250b ISK for a large business.)"
Jerry T Pepridge wrote:
not rly a business person, more an analyst

You learn something new every day...
There's a rly good reason why most analysts are in business.
Some , and many, are also working for government on official government business...
Some advance in research... (btw, I didn't know that Research was used to improve BPO in EVE.)



Lors Dornick wrote:
Gadolf Agalder wrote:

I paid for my account using real money, except that I had to buy time back with a PLEx because I ran out of money (laid off).

Been there, done that.

Which is another reason to store currently unused liquid ISK in PLEX ;)

Well yes, I would have made more profit if I had kept at least 1 PLEx without transferring back and forth with taxes and loss of profit margin.
This also does not take into account the fact that PLEx value go up, while the ISK value goes down compared to PLEx.
However, at the time I traded the PLEx for ISK, I needed the ISK and never had 13b ISK before.

This also makes PLEx one of the best if not the best and most secure long term investment in all of the EVE Market (with discussions).



(There are too many quotes in the post but not enough quotes from my coders.
I only got one valid quote so far, which is highly deplorable, although that one quote is darn good, especially compared to the others with no quotes...
Most of the program management work ends up teaching coder how to negotiate with quotes...
Up to 80% of the time to 99.99% of the time.
Even a teacher gave me no quote, though I don't know what he teaches.
Sadenning to be reduced to teach teacher, and I hope that he doesn't teach university, otherwise I know what to think, even they don't know...

Also the kind of thing an English speaking teacher would do, since it creates a nice expression of potential student not negotiating with quotes...)
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#1072 - 2015-11-25 06:27:48 UTC
Will it hit 1.3B again before the PLEX sale?
Teckos Pech
Hogyoku
Goonswarm Federation
#1073 - 2015-11-25 08:22:47 UTC
Bad Bobby wrote:
Will it hit 1.3B again before the PLEX sale?


Wish I could short the market. P

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online
N00B-SAIB0T
MK Financial
#1074 - 2015-11-25 20:12:00 UTC
What is it with these PLEX sales? Do they have a PLEX sale every time PLEX tends to rise, in order to keep it down?
Teckos Pech
Hogyoku
Goonswarm Federation
#1075 - 2015-11-25 21:44:55 UTC
N00B-SAIB0T wrote:
What is it with these PLEX sales? Do they have a PLEX sale every time PLEX tends to rise, in order to keep it down?


I doubt it. My guess they realized that dropping the PLEX price by a couple of bucks means they sell more and their costs are pretty much unaffected...so sales are good.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online
Alexi Stokov
State War Academy
Caldari State
#1076 - 2015-11-25 22:18:20 UTC
Teckos Pech wrote:
N00B-SAIB0T wrote:
What is it with these PLEX sales? Do they have a PLEX sale every time PLEX tends to rise, in order to keep it down?


I doubt it. My guess they realized that dropping the PLEX price by a couple of bucks means they sell more and their costs are pretty much unaffected...so sales are good.



With the frequency that they have the PLEX sales, I wouldn't be surprised if people expect the cheaper prices and hold out for them.
Teckos Pech
Hogyoku
Goonswarm Federation
#1077 - 2015-11-25 23:58:48 UTC
Alexi Stokov wrote:
Teckos Pech wrote:
N00B-SAIB0T wrote:
What is it with these PLEX sales? Do they have a PLEX sale every time PLEX tends to rise, in order to keep it down?


I doubt it. My guess they realized that dropping the PLEX price by a couple of bucks means they sell more and their costs are pretty much unaffected...so sales are good.



With the frequency that they have the PLEX sales, I wouldn't be surprised if people expect the cheaper prices and hold out for them.


Well a sale on Black Friday is not exactly unexpected.....

What is unexpected is that the in game price is actually still trending slightly upwards.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#1078 - 2015-11-26 01:21:28 UTC
might be time i cashed out all that aurum ccp gave my accounts back in incarna

RRRRRRRRRRRRRRRRRRRRRRRRjlewkrwerl - spreadsheets :(

@JerryTPepridge
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#1079 - 2015-11-26 11:02:42 UTC
Teckos Pech wrote:
Well a sale on Black Friday is not exactly unexpected.....

What is unexpected is that the in game price is actually still trending slightly upwards.

Why would you expect any different? People who are planning to buy PLEX for cash and then sell them for ISK are sensibly putting off that transaction until the Black Friday sale.
Nero Farway
Imperial Academy
Amarr Empire
#1080 - 2015-11-26 13:38:28 UTC
Teckos Pech wrote:
Bad Bobby wrote:
Will it hit 1.3B again before the PLEX sale?


Wish I could short the market. P



Just take a loan in PLEX' and sell them, then rebuy them later to repay the loan.
Shouldn't be a problem at all. A lot of people have have excess ISK in PLEX and do not use them anyway. Why not make some money with those PLEX?
As long as you offer the collateral it's definitely possible.