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The real reason PLEX is so expensive

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Author
Petrus Blackshell
Rifterlings
#1 - 2014-04-18 19:49:45 UTC
When looking for the source of a problem, you need to look at the intersection of who profits from the problem and who can enable the problem to occur.

Do regular subscribers benefit from high PLEX prices? No.
Do subscribers with PLEX benefit from higher PLEX prices? Hell no.
Do people who buy PLEX to fund their activities benefit from higher PLEX prices? Yes, but how are they going to drive PLEX prices up?

Does CCP benefit from higher PLEX prices? Yes. They noticed more people not using subs, and a drop in income because people don't want to pay for all this feature-less "development" (lol "expansions") and they are using their own methods to force us into paying them more money. It's a cash grab, pure and simple.

Are you buying into it?

Accidentally The Whole Frigate - For-newbies blog (currently on pause)

Divine Entervention
Doomheim
#2 - 2014-04-18 19:54:26 UTC
I understand how what your implying could be the case.

Higher PLEX does mean a higher "entrance fee" of ISK to get into EvE. If you can't afford the ISK, yet still wish to enter, then you have to pay money. CCP being a business which is fueled by money, it makes sense that they would take steps to influence more people to pay with money rather than with PLEX.
raz1980
Air
The Initiative.
#3 - 2014-04-18 19:55:09 UTC
Yes
Soshala Garemoko
Moar Tears Industrial Consortium Ltd.
#4 - 2014-04-18 19:55:11 UTC
do u think honesly the PLEAX prices are magic and that it comes from no where? poeple buy PLEX and sell it into the game so they pay more to CCCP for the PLEX than they do to subscribe. why does this make since to you that they would do this to make moere money?
PotatoOverdose
Royal Black Watch Highlanders
#5 - 2014-04-18 19:56:08 UTC
Petrus Blackshell wrote:
When looking for the source of a problem

This implies a problem exists. This is false. No one is under any obligation to provide you with cheap/easy game time.
Hevymetal
POT Corp
#6 - 2014-04-18 20:00:26 UTC  |  Edited by: ISD Ezwal
Petrus Blackshell wrote:
When looking for the source of a problem, you need to look at the intersection of who profits from the problem and who can enable the problem to occur.

Do regular subscribers benefit from high PLEX prices? No.
Do subscribers with PLEX benefit from higher PLEX prices? Hell no.
Do people who buy PLEX to fund their activities benefit from higher PLEX prices? Yes, but how are they going to drive PLEX prices up?

Does CCP benefit from higher PLEX prices? Yes. They noticed more people not using subs, and a drop in income because people don't want to pay for all this feature-less "development" (lol "expansions") and they are using their own methods to force us into paying them more money. It's a cash grab, pure and simple.

Are you buying into it?


As I said in another thread high PLEX prices are due to: demand > supply, basic economics, no conspiracy here.

*Snip* Removed reply to a deleted post. ISD Ezwal.
masternerdguy
Doomheim
#7 - 2014-04-18 20:04:22 UTC
You do know that a PLEX costs more than a monthly subscription to buy right? And PLEX don't appear out of nowhere, someone paid real money for it to put it on the market.

And hi plex prices do benefit someone besides CCP: People who sell PLEX for ISK to those daft enough to use PLEX to pay their subscription Big smile

Things are only impossible until they are not.

Tippia
Sunshine and Lollipops
#8 - 2014-04-18 20:06:05 UTC  |  Edited by: Tippia
Petrus Blackshell wrote:
They noticed more people not using subs, and a drop in income because people don't want to pay for all this feature-less "development" (lol "expansions") and they are using their own methods to force us into paying them more money.

…ehm…

By “not using subs” I take it you mean “not keeping their accounts active”? Because if you just mean that they no longer use the subscription option, then no, that does not cause a drop in income.

Oh, and CCP only benefits from a higher PLEX price if it leads to more people buying PLEX to exchange them for ISK, which is far from guaranteed.
DaReaper
Net 7
Cannon.Fodder
#9 - 2014-04-18 20:08:43 UTC
Petrus Blackshell wrote:
When looking for the source of a problem, you need to look at the intersection of who profits from the problem and who can enable the problem to occur.

Do regular subscribers benefit from high PLEX prices? No.
Do subscribers with PLEX benefit from higher PLEX prices? Hell no.
Do people who buy PLEX to fund their activities benefit from higher PLEX prices? Yes, but how are they going to drive PLEX prices up?

Does CCP benefit from higher PLEX prices? Yes. They noticed more people not using subs, and a drop in income because people don't want to pay for all this feature-less "development" (lol "expansions") and they are using their own methods to force us into paying them more money. It's a cash grab, pure and simple.

Are you buying into it?



Wait what?

You really need to take an economics course. Seriously...

As said already, there is no problem. There is no drop in income if people plex. Because they still get the income. They just may get the income a month before the guy used his plex. Subscribers benefit because as more people buy GTC for the higher isk prices this will force the price down. And make more available to be bought.

CCP Only benefits from higher prices because now joe blow who was money to burn might decide to get a plex so he can get some isk now, instead of looking for a RMT. There is no issue with plex prices. simple as that.

And ib4l there are like 4 other threads about this same issue. sheesh

OMG Comet Mining idea!!! Comet Mining!

Eve For life.

BrundleMeth
Caldari Provisions
Caldari State
#10 - 2014-04-18 20:10:07 UTC
A cash grab, um no...no it's not.

For one thing, you don't have to be here. You can quit. Anytime...

Imagine. A company who needs revenue, who would have thought it possible...

You can quit. Anytime...
Tear Jar
New Order Logistics
CODE.
#11 - 2014-04-18 20:23:44 UTC
masternerdguy wrote:
You do know that a PLEX costs more than a monthly subscription to buy right? And PLEX don't appear out of nowhere, someone paid real money for it to put it on the market.

And hi plex prices do benefit someone besides CCP: People who sell PLEX for ISK to those daft enough to use PLEX to pay their subscription Big smile


Yep. People think rising plex prices are a bad thing, but from CCPs perspective they aren't.

I promise, CCP cares more about the people buying plex(and funding the game) than those who are playing for free.
Viserys Anstian
Wayward Chickens
#12 - 2014-04-18 20:41:51 UTC
PotatoOverdose wrote:
Petrus Blackshell wrote:
When looking for the source of a problem

This implies a problem exists. This is false. No one is under any obligation to provide you with cheap/easy game time.


I have to agree.

What is the problem with PLEX? No one forces you to use it. You can pay like a lot of people, $15/month. No one forces you to spend $20 on a PLEX to stay in the game.

Now I understand if you choose to try to play the game for free, then the rising PLEX prices are bad as that means you have to work more in the game to play it for free. For buyers of PLEX for ISK, its just that their real life money earning just got a better exchange rate and they have to work less in life to buy stuff in the game.

Tiberian Deci
Garoun Investment Bank
Gallente Federation
#13 - 2014-04-18 20:47:10 UTC
masternerdguy wrote:
You do know that a PLEX costs more than a monthly subscription to buy right? And PLEX don't appear out of nowhere, someone paid real money for it to put it on the market.

And hi plex prices do benefit someone besides CCP: People who sell PLEX for ISK to those daft enough to use PLEX to pay their subscription Big smile


Exactly what I came here to say.
Erufen Rito
Sebiestor Tribe
Minmatar Republic
#14 - 2014-04-18 21:15:53 UTC
Tiberian Deci wrote:
masternerdguy wrote:
You do know that a PLEX costs more than a monthly subscription to buy right? And PLEX don't appear out of nowhere, someone paid real money for it to put it on the market.

And hi plex prices do benefit someone besides CCP: People who sell PLEX for ISK to those daft enough to use PLEX to pay their subscription Big smile


Exactly what I came here to say.

Pretty much this. What the hell is up with the random tinfoil hat fad we've been seeing as of late? Next up, someone will say that bronies are taking over or some stupid ****.

This is as nice as I get. Best quote ever https://forums.eveonline.com/default.aspx?g=posts&m=4137165#post4137165

masternerdguy
Doomheim
#15 - 2014-04-18 21:16:53 UTC
Erufen Rito wrote:
Tiberian Deci wrote:
masternerdguy wrote:
You do know that a PLEX costs more than a monthly subscription to buy right? And PLEX don't appear out of nowhere, someone paid real money for it to put it on the market.

And hi plex prices do benefit someone besides CCP: People who sell PLEX for ISK to those daft enough to use PLEX to pay their subscription Big smile


Exactly what I came here to say.

Pretty much this. What the hell is up with the random tinfoil hat fad we've been seeing as of late? Next up, someone will say that bronies are taking over or some stupid ****.


We're already here.

Things are only impossible until they are not.

Jenn aSide
Shinigami Miners
Already Replaced.
#16 - 2014-04-18 21:23:48 UTC
Petrus Blackshell wrote:
When looking for the source of a problem, you need to look at the intersection of who profits from the problem and who can enable the problem to occur.

Do regular subscribers benefit from high PLEX prices? No.
Do subscribers with PLEX benefit from higher PLEX prices? Hell no.
Do people who buy PLEX to fund their activities benefit from higher PLEX prices? Yes, but how are they going to drive PLEX prices up?

Does CCP benefit from higher PLEX prices? Yes. They noticed more people not using subs, and a drop in income because people don't want to pay for all this feature-less "development" (lol "expansions") and they are using their own methods to force us into paying them more money. It's a cash grab, pure and simple.

Are you buying into it?



Why is it that everyone else could see the glaring flaw as soon as you posted it, but you coldn't even though it's your own post?

High plex prices hurt CCP in the long run because at some point people will either drop accounts they are used to plexing or keep that accounts alive with the cheaper 'pay sub with cash' option. Plexes and GTCs cost more than a normal sub.

If CCP were trying to do a 'money grab' they'd artifically DEFLATE the price of plex, thus encouraging more and more people to use the more expensive thing (plex) rather than the thing that bring CCP less money. (paying with cash).
Andski
GoonWaffe
Goonswarm Federation
#17 - 2014-04-18 21:25:12 UTC
PLEX prices are high because of speculators, not because a bunch of players suddenly decided to start using PLEX for their accounts. It's an unfortunate consequence of CCP introducing PLEX as a convenient alternative to GTC trading and as a foundation for monetized perks like multiple character training.

Twitter: @EVEAndski

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths."    - Abrazzar

Andski
GoonWaffe
Goonswarm Federation
#18 - 2014-04-18 21:26:00 UTC  |  Edited by: Andski
Tear Jar wrote:
I promise, CCP cares more about the people buying plex(and funding the game) than those who are playing for free.


Nonsense. People won't buy PLEX if nobody will give them ISK for it.

Twitter: @EVEAndski

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths."    - Abrazzar

Divine Entervention
Doomheim
#19 - 2014-04-18 21:34:49 UTC  |  Edited by: Divine Entervention
It's not a certainty that PLEX being bought and sold on the market within EvE is new plex recently bought for $20.

Increasing the price of PLEX has 2 benefits for CCP.

1) it raises the ISK subscription fee resulting in more people needing to continue their ability to stay within EVE with subscription purchases with real money, which real money benefits CCP.

2) Because the PLEX is more lucrative due to it's having a higher ISK worth, more people are willing to pay CCP real money to buy PLEX to then turn into ISK, which results in CCP getting more money from people buying more PLEX to sell for ISK.

If Plex were worth only 300mil ISK, more people would be subbing to EvE with plex rather than money, which would result in less money for CCP. Eventually, through the PLEX disappearing through use of pilots licenses, they would become scarce resulting in them raising in isk and worth over time. And since $20 would only be buying 300mil ISK, less people would be buying PLEX since at that time, $20 = 300mil isk.

It's very obvious that PLEX being worth more ISK benefits CCP.

The question of the matter though, is CCP manipulating the worth of PLEX behind the scenes to benefit themselves? Which if they were, IMO, would be perfectly acceptable since ultimately they are a business providing a service.
Tippia
Sunshine and Lollipops
#20 - 2014-04-18 21:39:43 UTC
Divine Entervention wrote:
Increasing the price of PLEX has 2 benefits for CCP.

1) it raises the ISK subscription fee resulting in more people needing to continue their ability to stay within EVE with subscription purchases with real money, which real money benefits CCP.
This is not a benefit to CCP, since they earn more money from PLEX.

Quote:
2) Because the PLEX is more lucrative due to it's having a higher ISK worth, more people are willing to pay CCP real money to buy PLEX to then turn into ISK, which results in CCP getting more money from people buying more PLEX to sell for ISK.
…and there is no guarantee that the higher PLEX prices actually make people buy them more.

Quote:
If Plex were worth only 300mil ISK, more people would be subbing to EvE with plex rather than money, which would result in less money for CCP.
No, they'd probably make a bit more since PLEX has the highest cost per month for a player — depending on your points of comparison it can be almost twice as expensive.

Quote:
It's very obvious that PLEX being worth more ISK benefits CCP.
Only if you've fundamentally misunderstood how PLEX works and think that they let accounts be kept alive for free.
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