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So what's will happen to the economy now that...
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Raven Ether
Doomheim
#21 - 2012-03-31 13:07:05 UTC
**** RMTers (and bots)

yay for lower plex price
Shar Tegral
#22 - 2012-03-31 13:12:16 UTC
Everyone presumes that bots are the cause of RMT'ers but the truth, as I see it, is more likely the opposite.

For RMT to be cost tempting to players it has to be more isk per Plex than the market. So the higher Plex prices go up, the lower the isk to cash ratio becomes. RMT does not do well in that environment.

High Plex costs benefits CCP, not RMT.

In this instance my advice is not Read, then Post.

Think, then Post.

If you can't do the first,
don't do the second.
Hamaa Kazula
Perkone
Caldari State
#23 - 2012-03-31 14:56:52 UTC
Shar Tegral wrote:
Everyone presumes that bots are the cause of RMT'ers but the truth, as I see it, is more likely the opposite

For RMT to be cost tempting to players it has to be more isk per Plex than the market. So the higher Plex prices go up, the lower the isk to cash ratio becomes. RMT does not do well in that environment

High Plex costs benefits CCP, not RMT

In this instance my advice is not Read, then Post

Think, then Post

If you can't do the first
don't do the second.



When the price of PLEX goes up RMT sellers lower their prices to compete. To maintain their $ income they are required to sell more PLEX / ISK than they did previously and thus require greater supply (more bots). Good for buyer. Not so great for seller

The problem with high PLEX prices is it drives real people out of the game and replaces them with bots (RMTers trying to maintain $ income). CCP has said they may need to intervene if PLEX prices get too high. So clearly it doesnt benefit them that much..

Fewer people will take the gamble and buy isk from an RMTer after the recent ban wave. They will convert GTCs to PLEX to get thier isk and increase the PLEX supply. Assuming demand doesnt change, PLEX prices will drop.

Think, then Post.
Vaerah Vahrokha
Vahrokh Consulting
#24 - 2012-03-31 16:30:25 UTC
I love how one says apples, the other replies potatoes.

EvE Online portal | EvE markets tutorials
Shar Tegral
#25 - 2012-03-31 17:48:03 UTC
Hamaa Kazula wrote:
Think, then Post.

You are a little small for me to manhandle like I usually do with ... the intellectually challenged.

Yes, RMT farmers have to work harder to make isk to compete with Plex prices. Ergo, high Plex price is not good for RMT industry. High Plex price is good for CCP because it forces "normal" players who usually use Plex for game time to either leave, removing their financial dead weight asses from the servers (CCP, "Yeah less burden") or start paying via hard cash (CCP, "Yeah new money").

So your response bolsters my statement, jenius.

Furthermore, you argument presumes that bots use is limited to RMT. It most certainly is not. A fair number of non-RMT players bot. So, the banhammering may have been directed at RMT activity, bot activity, or both. But to presume that plex prices will go lower simply because of this is faulty logic. But then you seem to excel in that area.

Yes, I called players who use Plex exclusively dead weight. I happen to be one of them. Plexes are promissory notes. Money already collected, and usually already spent, by CCP. Anything that removes Plex from the system is a plus for CCP. This includes: destruction, promotional swag that is pennies on the dollar, or vastly overpriced video cards. Anything that removes the promise and replaces it NEW cash that is needed today.

Would you like to try yip-yapping at me some more?
OfBalance
Caldari State
#26 - 2012-03-31 17:53:05 UTC  |  Edited by: OfBalance
How much it effects the economy is going to depend on how much circulation that isk had. Perhaps the bulk of it was just sitting in the gold vault of Shamis McDuck. Blink

Ed:... RUN FOR YOUR LIVES, EVERYONE LIQUIDATE!

Ed2: Wait, if you liquidate you'll get tainted isk and be banned! BUY EVERYTHING!
Ank Parkor
WildSpace Otters
#27 - 2012-03-31 19:06:00 UTC
Spend one year killing NPC for bounties, collect trillions, delete your account.
Impact for the economy? None.

It is like if the FED/ECB (European since day 1!) created 15000B$ then destroyed it.
This money doesn't exist until it is injected on the markets.

The fact that PL could explode and leave their settled(s) systems(s) is another story.

[u]Short time trader, short term missionner, long term ambitions.[/u]

Bring justice to EVE: https://forums.eveonline.com/default.aspx?g=posts&m=1171333
Hamaa Kazula
Perkone
Caldari State
#28 - 2012-03-31 23:03:40 UTC
Shar Tegral wrote:
You are a little small for me to manhandle like I usually do with ... the intellectually challenged.


lol. Pretty full of yourself mate

Shar Tegral wrote:
Yes, RMT farmers have to work harder to make isk to compete with Plex prices. Ergo, high Plex price is not good for RMT industry. High Plex price is good for CCP because it forces "normal" players who usually use Plex for game time to either leave, removing their financial dead weight asses from the servers (CCP, "Yeah less burden") or start paying via hard cash (CCP, "Yeah new money")

So your response bolsters my statement, jenius.


Yes... I agree that a higher PLEX price means more work for RMTers. I didn't know I was required to disagree with every point you made... It's genius btw. Pretty funny really

Shar Tegral wrote:
Furthermore, you argument presumes that bots use is limited to RMT. It most certainly is not. A fair number of non-RMT players bot. So, the banhammering may have been directed at RMT activity, bot activity, or both. But to presume that plex prices will go lower simply because of this is faulty logic. But then you seem to excel in that area.


At no point did i say bots use is limited to RMT. What i said is that RMTers using bots would need to increase their isk supply to maintain their $ income.

It doesn't matter where the banhammering was actually directed. The perception is that CCP are removing bought isk from peoples accounts who used RMT. Fewer people will use RMT and instead turn to converting GTCs to PLEX which will increase supply and decrease its price

Shar Tegral wrote:
Yes, I called players who use Plex exclusively dead weight. I happen to be one of them. Plexes are promissory notes. Money already collected, and usually already spent, by CCP. Anything that removes Plex from the system is a plus for CCP. This includes: destruction, promotional swag that is pennies on the dollar, or vastly overpriced video cards. Anything that removes the promise and replaces it NEW cash that is needed today.


I agree with some of that. However, CCP have said they may intervene if PLEX prices get to high. Why would they do this if it was so great for them? Players who use PLEX are not dead weight. They create a market for PLEX for which other players can supply by paying CCP.

Shar Tegral wrote:
Would you like to try yip-yapping at me some more?
Try harder
OfBalance
Caldari State
#29 - 2012-04-01 03:13:22 UTC
Ank Parkor wrote:

The fact that PL could explode and leave their settled(s) systems(s) is another story.


Let me tell you about PL...
Mookie Quantico
Doomheim
#30 - 2012-04-01 04:59:34 UTC
What will happen ?

With any luck... more of the same. ALOT more.

"Cleaning House" is way past overdue in EVE ... +1 Sreegs & CCP. Attention


Mook
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#31 - 2012-04-01 08:03:21 UTC
Ank Parkor wrote:
The fact that PL could explode and leave their settled(s) systems(s) is another story.

We are nomadic, so we don't settle systems.
Ottersmacker
Genos Occidere
HYDRA RELOADED
#32 - 2012-04-01 08:48:29 UTC
Ank Parkor wrote:
This money doesn't exist until it is injected on the markets.

this, but unfortunately as you can see from the 30pg+ inflation crying thread, not everyone understands

i just locked an open door.. strange, yet symbolically compelling.
Ildryn
IDLE INTENTIONS
#33 - 2012-04-01 09:30:03 UTC
Brock Nelson wrote:
Moral of the story? Don't do business with Goonswarm



It was PL wondertard.

https://forums.eveonline.com/default.aspx?g=posts&t=89359&find=unread
Hamaa Kazula
Perkone
Caldari State
#34 - 2012-04-04 23:36:28 UTC
So PLEX prices have steadily drop over the last week by 10m.
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