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Historic Prices on Plex.

Author
Khara Hirl
Brutor Tribe
Minmatar Republic
#1 - 2017-05-18 18:01:23 UTC
We are witnessing record setting historic prices on plex, 2.86m sell 2.83m buy orders. We're looking at 1,430,000,000 isk for plex and just days ago it was nearly 200 million isk less. This may have incredible unforseen impact of actually driving up the prices of the 30 days subscription, keeping it even further out of reach of the younger capsuleers.


Khara Hirl reporting from the Deep Space Freight, stay tuned for more opinion based commentary.
Voddick
AFK
#2 - 2017-05-19 02:49:21 UTC
It's a frenzy! Same thing happens when stocks split.

I just sunk every liquid isk I had into plex tonight, so your numbers are now a bit low.

Plex is the new isk...isk is for poors.
Khara Hirl
Brutor Tribe
Minmatar Republic
#3 - 2017-05-19 04:04:08 UTC
Voddick wrote:
It's a frenzy! Same thing happens when stocks split.

I just sunk every liquid isk I had into plex tonight, so your numbers are now a bit low.

Plex is the new isk...isk is for poors.



I think you're correct, we may see people using on plex to trade soon!
Sabriz Adoudel
Move along there is nothing here
#4 - 2017-05-19 05:37:14 UTC
Thanks, ghost training exploit that's not officially an exploit (yet)

I support the New Order and CODE. alliance. www.minerbumping.com

Caleb Ayrania
TarNec
Invisible Exchequer
#5 - 2017-05-19 07:28:34 UTC
Its not just a split effect. The nuPLEX is a totally new product type, it has "more functions", so its more akin to a combined split and a hype cycle. (google gartner and hype cycle)..

Most new products behave like this, so the question is when will it peak and how deep will it tank. Personally I dont think we will see the correction until after the summer, since we have so much propping up the hype, and the added effect of AT tournament bidding, and potentially ghost training bug..

When the market cools off, I still suspect we will land under pre nuplex values, with zombie farming "dying", only unknown really seems to be how popular and used the vanity products from NEX store really is.

Alexi Stokov
State War Academy
Caldari State
#6 - 2017-05-19 10:51:41 UTC
Caleb Ayrania wrote:
Its not just a split effect. The nuPLEX is a totally new product type, it has "more functions", so its more akin to a combined split and a hype cycle. (google gartner and hype cycle)..

Most new products behave like this, so the question is when will it peak and how deep will it tank. Personally I dont think we will see the correction until after the summer, since we have so much propping up the hype, and the added effect of AT tournament bidding, and potentially ghost training bug..

When the market cools off, I still suspect we will land under pre nuplex values, with zombie farming "dying", only unknown really seems to be how popular and used the vanity products from NEX store really is.




Only other thing to this that I could think of is if CCP decides to drop a super PLEX sale.
Sabriz Adoudel
Move along there is nothing here
#7 - 2017-05-19 11:02:05 UTC
Alexi Stokov wrote:
Caleb Ayrania wrote:
Its not just a split effect. The nuPLEX is a totally new product type, it has "more functions", so its more akin to a combined split and a hype cycle. (google gartner and hype cycle)..

Most new products behave like this, so the question is when will it peak and how deep will it tank. Personally I dont think we will see the correction until after the summer, since we have so much propping up the hype, and the added effect of AT tournament bidding, and potentially ghost training bug..

When the market cools off, I still suspect we will land under pre nuplex values, with zombie farming "dying", only unknown really seems to be how popular and used the vanity products from NEX store really is.




Only other thing to this that I could think of is if CCP decides to drop a super PLEX sale.



I think we will see a new dynamic in PLEX sales.

Instead of 'pay 10% less IRL cash for your PLEX', I think we will see 'pay normal prices, get more PLEX than usual' as the default sale.

That conceivably allows higher % discounts.

I support the New Order and CODE. alliance. www.minerbumping.com

Obsidian Blacke
Viziam
Amarr Empire
#8 - 2017-05-19 15:00:34 UTC
Sabriz Adoudel wrote:
Alexi Stokov wrote:
Caleb Ayrania wrote:
Its not just a split effect. The nuPLEX is a totally new product type, it has "more functions", so its more akin to a combined split and a hype cycle. (google gartner and hype cycle)..

Most new products behave like this, so the question is when will it peak and how deep will it tank. Personally I dont think we will see the correction until after the summer, since we have so much propping up the hype, and the added effect of AT tournament bidding, and potentially ghost training bug..

When the market cools off, I still suspect we will land under pre nuplex values, with zombie farming "dying", only unknown really seems to be how popular and used the vanity products from NEX store really is.




Only other thing to this that I could think of is if CCP decides to drop a super PLEX sale.



I think we will see a new dynamic in PLEX sales.

Instead of 'pay 10% less IRL cash for your PLEX', I think we will see 'pay normal prices, get more PLEX than usual' as the default sale.

That conceivably allows higher % discounts.



Yeah that's a how a lot of games do it. Get double the bonus plex or some **** like that. :)
James Zealot
Event Horizon Expeditionaries
The Watchmen.
#9 - 2017-05-19 21:17:23 UTC
Now you have to add in this new skill injector plan to the mix. Already prices for skill injectors are going up, since I saw the update on it about an hour or so after it was released, sell order prices are up about 12M or better per injector, not really that much, but it's only going up and the buy orders, aren't changing much. Meaning more and more are being bought than just sold to buy orders. I'm thinking both items will be going up for a while longer yet. CCP is killin it right now, making a LOT of money from us lol
Alexi Stokov
State War Academy
Caldari State
#10 - 2017-05-19 22:17:32 UTC
James Zealot wrote:
Now you have to add in this new skill injector plan to the mix. Already prices for skill injectors are going up, since I saw the update on it about an hour or so after it was released, sell order prices are up about 12M or better per injector, not really that much, but it's only going up and the buy orders, aren't changing much. Meaning more and more are being bought than just sold to buy orders. I'm thinking both items will be going up for a while longer yet. CCP is killin it right now, making a LOT of money from us lol



Is this sp injector change a dev post? I'm missing this.
TxivYawg1
TxivYawg
#11 - 2017-05-20 03:41:49 UTC
Royce Catton
Imperial Guardians
Tactical Narcotics Team
#12 - 2017-05-20 19:23:14 UTC
Don't know about you guys but I stockpiled plex before the change to incremental units anticipating this, plex is on track in continue increasing.
Khara Hirl
Brutor Tribe
Minmatar Republic
#13 - 2017-05-22 05:05:55 UTC
I think I am going to buy as many injectors as I can afford tonight, because we know the small injectors will be higher then a large injector (When you multiple by 5 of them) because they will be more popular thus causing the demand and supply theory going on there.

Hold onto those injectors, only took plex a week to hit its peek might want to sell at 4 days in.
Sabriz Adoudel
Move along there is nothing here
#14 - 2017-05-22 08:33:03 UTC
Royce Catton wrote:
Don't know about you guys but I stockpiled plex before the change to incremental units anticipating this, plex is on track in continue increasing.



I'll buy them during the next (predictable) sharp drop.

I support the New Order and CODE. alliance. www.minerbumping.com

Teckos Pech
Amok.
Goonswarm Federation
#15 - 2017-05-27 07:59:13 UTC
And PLEX prices have been stable for the last 6 days.

So much for this nonsense thread. Roll

Oh, and look...the OOG cost of PLEX to buy 30 days of game time has gone up....and so has the IG PLEX price. What a shock.

"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

Private Bank
Greifing is not a crime
#16 - 2017-06-19 22:43:00 UTC
Teckos Pech wrote:
And PLEX prices have been stable for the last 6 days.

So much for this nonsense thread. Roll

Oh, and look...the OOG cost of PLEX to buy 30 days of game time has gone up....and so has the IG PLEX price. What a shock.


Constent you say huh? what a fail... they are at 1,45 bill now and will move to 2 billion before the end of this year.
Teckos Pech
Amok.
Goonswarm Federation
#17 - 2017-06-19 23:14:35 UTC  |  Edited by: Teckos Pech
Private Bank wrote:
Teckos Pech wrote:
And PLEX prices have been stable for the last 6 days.

So much for this nonsense thread. Roll

Oh, and look...the OOG cost of PLEX to buy 30 days of game time has gone up....and so has the IG PLEX price. What a shock.


Constent you say huh? what a fail... they are at 1,45 bill now and will move to 2 billion before the end of this year.


What a dope.

I wrote that the price of PLEX had been stable for the past 6 days. That is not to say that the price of PLEX will be constant forever, nitwit. Seriously, learn to read and engage your brain.

As for your prediction...based on what? The most recent trend? Roll

Oh...wait. You bought alot of PLEX and this is your attempt at market manipulation.

"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

Sabriz Adoudel
Move along there is nothing here
#18 - 2017-06-20 00:23:45 UTC
Private Bank wrote:
Teckos Pech wrote:
And PLEX prices have been stable for the last 6 days.

So much for this nonsense thread. Roll

Oh, and look...the OOG cost of PLEX to buy 30 days of game time has gone up....and so has the IG PLEX price. What a shock.


Constent you say huh? what a fail... they are at 1,45 bill now and will move to 2 billion before the end of this year.



There is an event that will prevent that.

We will see them under 1100m (for a set of 500) one more time. That will be this year and it will be the last time ever.

I support the New Order and CODE. alliance. www.minerbumping.com

Myfluga
H A V O C
Hooligans.
#19 - 2017-06-20 01:36:52 UTC
should rename the thread historic corp ragequits lol
Teckos Pech
Amok.
Goonswarm Federation
#20 - 2017-06-20 04:21:21 UTC
Nope nothing in here could be related....

Roll

"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

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