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PLEX going up because CCP conjures ISK, buys PLEX, then trashes them.

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Author
bufnitza calatoare
#21 - 2012-10-12 07:34:40 UTC
Bart Starr wrote:
Mara Rinn wrote:
That is a pretty serious allegation.

Let us look at alternative explanations.

First: Open Tournament 2012. Entry can be bought at the auction next weekend, average bid for the closed Alliance Tournament was 34 PLEX. The Open Tournament has $10k on the table, so expect much more interest in entering. Expect PLEX demand to be slightly higher than normal.

Second: People are blitzing FW complexes to make billions of ISK a week. These people are of that level of mental competency that they will shove a half dozen PLEX in the cargo hold of a hurricane flown by a faction militia pilot, and undock with faction targets present.

So we have two extraordinary causes for demand. Then we have the usual market speculators who will buy out PLEX and relist at higher values in the hope that they sell at the higher price.

Now given the above, why does CCP need to engage in any surreptitious market action to acquire PLEX for the sake of destroying them? A few thousand PLEX have been destroyed due to pilots undocking with PLEX in the cargo hold. A few hundreds more PLEX will be destroyed as part of the Open Tournament bidding. Pilots are stock piling PLEX for the usual reasons (non-liquid capital, just-in-case-I-become-unemployed).

Of course your story sounds a whole lot more exciting. But I suspect the Truth is quite mundane.


Allegation? There is no crime here. They have the power to do everything I've described - and do it invisibly.
Its their game, their ISK, their market - we are but the puppets.

Only a few years back, a 90-day GTC was 300M ISK. (3.3M ISK per day)
Today, 600M ISK buys you 30 days of gametime. (20M ISK per day)

Thats some pretty serious inflating right there.

For the naysayers, instead of just trolling, show me where 'they can't' do what I've described - and I'll retract.
"They wouldn't do that" isn't an argument, its naivety - CCP wants to inflate their bottom line, and if they can make 'hard currency' by conjuring up more ISK, they will, in a heartbeat.



erm try 90m for 30 days and 270m for 90 days... those were the days to be playing for free.
Bart Starr
Aggressive Structural Steel Expediting Services
#22 - 2012-10-12 07:36:57 UTC
Vaal Erit wrote:
Nice, accusing CCP of fraud on their own website with zero proof. This will end well for you.


Never accused them of 'fraud'.
Its hardly illegal for CCP to

1. Create ISK
2. Buy PLEX
3. Trash PLEX.

Perhaps a bit morally corrupt....but certainly no laws were broken.

I also stated that

A) I can't prove anything because I don't have access to those kinds of records.
B) if I did manage to prove it, I'd be banned for illegally gaining access to company databases. Convenient for CCP, yes?
Kinis Deren
Mosquito Squadron
D0GS OF WAR
#23 - 2012-10-12 07:40:03 UTC
OP's suggestion is not impossible, but I regard it as highly unlikely. OP assumes that players will keep spending RL cash or spend increasing amounts of time grinding ISK to obtain PLEX. The more likely outcome is that players will let subscriptions lapse on their additional accounts and thus reduce CCP revenue in the long term.

I believe Mara's post above is much more likely to explain the current situation with PLEX.
coolzero
Garoun Investment Bank
Gallente Federation
#24 - 2012-10-12 07:53:11 UTC
Bart Starr wrote:
Vaal Erit wrote:
Nice, accusing CCP of fraud on their own website with zero proof. This will end well for you.


Never accused them of 'fraud'.
Its hardly illegal for CCP to

1. Create ISK
2. Buy PLEX
3. Trash PLEX.

Perhaps a bit morally corrupt....but certainly no laws were broken.

I also stated that

A) I can't prove anything because I don't have access to those kinds of records.
B) if I did manage to prove it, I'd be banned for illegally gaining access to company databases. Convenient for CCP, yes?



the FED does this all the time


1. create money from thin air
2. bailout the banks/bad depts/AAA junk
3 trash the economy

legal..maby, morally right...no
given ccp is from iceland they learned the hard way not to do this :)

so no i dont think CCP is doing this, it more that CCP left some holes open to long whereby people could amass a looot of isk and people buying plex for it becuase once you get all the isk you ever want plex is a good investment(like gold in RL)

Tippia
Sunshine and Lollipops
#25 - 2012-10-12 08:01:51 UTC
Insane troll logic or Poe's law? Hard to tell…
Darth Gustav
Sith Interstellar Tech Harvesting
#26 - 2012-10-12 08:03:31 UTC
Tippia wrote:
Insane troll logic or Poe's law? Hard to tell…

It's not paranoia if they're really out to get you(r money). Cool

He who trolls trolls best when he who is trolled trolls the troller. -Darth Gustav's Axiom

Soon Shin
Scarlet Weather Rhapsody
#27 - 2012-10-12 08:06:08 UTC
Very incriminating, but it can certainly be a possibility. After all, we cannot possibly know what is going behind the doors of CCP.

It would not be ridiculous that suggest this is true and but there is no way to prove it.



I personally think the bigger cause is speculation. PLEXes rose up rapidly with the anticipation of Incarna, after the great disappointment and riots, PLEX prices fell back to normal levels.

CCP has made a tournament that requires 20 PLEX to be selected for a spot, for a measly 6000 dollars at most that must be shared with the team.

The tournament is a driving factor of speculation that causes sellers to drive up PLEX prices.

The hysteria that comes from the rapid increasing of PLEX prices encourages a further increasing of prices.
tib0
Brutor Tribe
Minmatar Republic
#28 - 2012-10-12 08:13:17 UTC
interesting idea....can be done, but i dont think so....it would be counter-productive for CCP because expensive PLEX --> too expensive for new players to get --> no new players --> dead eve...
Eugene Kerner
TunDraGon
Goonswarm Federation
#29 - 2012-10-12 08:14:44 UTC
Well it is pretty clear that CCP is running the Mother of all Scams for quite a while, isn´t it?

TunDraGon is recruiting! "Also, your boobs [:o] "   CCP Eterne, 2012 "When in doubt...make a diȼk joke." Robin Williams - RIP

Soon Shin
Scarlet Weather Rhapsody
#30 - 2012-10-12 08:15:44 UTC
tib0 wrote:
interesting idea....can be done, but i dont think so....it would be counter-productive for CCP because expensive PLEX --> too expensive for new players to get --> no new players --> dead eve...


I believe this is only temporary if it were the case, the PLEX bubble will pop and prices will come crashing back down as it comes to the point where people will simply go inactive rather than buy plex.
ctx2007
Republic Military School
Minmatar Republic
#31 - 2012-10-12 08:28:14 UTC
I have 2 alt accounts that I use with plex, because I cant afford to run them with RL money. They are going inactive with this hyper inflated PLEX simple.

When PLEX comes down in price I will reactive them.

You only realise you life has been a waste of time, when you wake up dead.

Darth Gustav
Sith Interstellar Tech Harvesting
#32 - 2012-10-12 08:31:33 UTC
ctx2007 wrote:
I have 2 alt accounts that I use with plex, because I cant afford to run them with RL money. They are going inactive with this hyper inflated PLEX simple.

When PLEX comes down in price I will reactive them.

Is this a plea for more people to buy PLEX with cash?

Where is Sally Struthers? Lol

He who trolls trolls best when he who is trolled trolls the troller. -Darth Gustav's Axiom

Beldroner
The Scope
Gallente Federation
#33 - 2012-10-12 08:37:26 UTC
PLEX prices are clearly indicative of the 2012 mass extinction.
Momoyo
Rivinshield Trading Inc.
#34 - 2012-10-12 08:38:44 UTC
Herzog Wolfhammer wrote:
Came to this thread expecting to read about another Kestrel full of PLEX being popped in Jita....





Maybe its CCP flying those ships full of plexes! :tinfoil:
Colonel Xaven
Perkone
Caldari State
#35 - 2012-10-12 08:40:53 UTC
Ahhh... conspiration theories. Everyone loves them.


  • NASA never landed on the moon,
  • WTC was blown up with explosives,
  • an alien starship crashed near Roswell,
  • Cydonia Mensae,
  • Elvis is alive,
  • HIV was developed by CIA biologists,
  • Vile Rat was CIA agent,
  • CCP manipulates the plex market


The truth is out there!

www.facebook.com/RazorAlliance

Mara Rinn
Cosmic Goo Convertor
#36 - 2012-10-12 09:09:25 UTC
Bart Starr wrote:
Allegation? There is no crime here. They have the power to do everything I've described - and do it invisibly.
Its their game, their ISK, their market - we are but the puppets.

[b]Only a few years back, a 90-day GTC was 300M ISK. (3.3M ISK per day)
Today, 600M ISK buys you 30 days of gametime. (20M ISK per day)


When I started playing, 90 day GTCs could be bought for 180M ISK or so. Over the years my ISK-earning power has increased. The same amount of effort is required for me to make 600M ISK a month now as was required to make 60M ISK a month back then. I've learned more about the game, I've skilled up into more powerful ships, with more powerful weapons. I've learned how to trade. I've learned how to manufacture. I've learned that sometimes it is profitable to mine, and when it is, the miner has to be choosy about what to mine.

Over that period of time there will no doubt have been other pilots in a similar situation to me: their income earning potential has increased. For a significant portion, their ability will be better than mine: I'm only a 95th percentile performer, which means that there are fully 5% of the population of the planet smarter than me. Remembering that EVE Players are to Geeks what Geeks are to normal people, and remembering that EVE accounts for a very small portion of the population, it's reasonable to expect that in terms of EVE players, I'm probably a 50th percentile or lower.

So while I am comfortably making my 600M ISK a month plodding around being a hisec carebear, some of those people who are smarter than me are probably chuckling at my ability to work really hard to earn what amounts to a rounding error in their wallets.

What's my point? Simply that the inflation of PLEX prices over four years since they were introduced is very easily explained by the fact that pilots gain significant ISK-earning potential in four years, as do the players. So once again, your Conspiracy Theory has to acknowledge Occam's Razor and just quietly die in a corner.

As to the allegations: you are alleging that CCP is purposefully inflating the PLEX market for material gain. In the past, CCP have expressed concern about the PLEX market "getting out of control" or exceeding some parameters that they had set, and decided that they could use the 10k confiscated PLEX to manipulate the market if required. Keep in mind that Dr Eyjo has told us on many occasions that the economy is a delicate thing that is easily thrown off balance. The good doctor has also told us that there are too many ISK faucets and not enough sinks.

Now let's look at what you allege: CCP is injecting ISK into the game, buying up PLEX from the market, and then purposefully destroying those PLEX. Why would they do this? What would be their motivations for shooting themselves in the foot in such a way? Why would they inject more ISK into an economy which already has so much ISK being injected that CCP are talking about sinking more ISK out of it?

Why would CCP go to the effort of blowing up PLEX, when players are already doing enough of that on their own? Again, Occam's Razor comes into play. The vorpal blade goes snicker-snack and there goes Occam, galumphing off with the head of your now lifeless allegation, leaving your conspiracy theory friendless and alone in the forest.

No, your allegations that CCP are foolish enough to expend effort duplicating what work the players are already doing in more than sufficient quantity, simply do not pass the simplest of examinations.
Solstice Project
Sebiestor Tribe
Minmatar Republic
#37 - 2012-10-12 09:13:01 UTC
I must be the only one with a job.

I love the rising of the PLEX price, like it does every year towards winter.

800 million ISK ... WOOHOOO that'd be awesome, i'd buy ten for lousy 200 bucks ! :D

Get a job !
Arduemont
Rotten Legion
#38 - 2012-10-12 09:19:57 UTC  |  Edited by: Arduemont
Bart Starr wrote:
Malcanis wrote:
So your arguments reduce to "they could and I would therefore I have proved they are".



Ooookay, perhaps you can demonstrate how....

A) CCP is incapable of doing this?
B) one could prove it without becoming a CCP employee, or hacking (and getting banned)?
C) this does not generate $$$ for CCP. (through reducing server loads by tearing up PLEX, and encouraging more purchases?
D) how CCP isn't motivated by $$$?


Your logic is demonstrative of the stupidity of the general masses. He doesn't have to proof they arn't you fool. You have the burden of proof. You need to prove that they are, which you can't. End of discussion, waste of time thread, next.

Besides, proving something ISN'T is very close to impossible from a Scientific perspective..

"In the age of information, ignorance is a choice." www.stateofwar.co.nf

Benny Ohu
Royal Amarr Institute
Amarr Empire
#39 - 2012-10-12 09:32:45 UTC
Dear Insane People,

If the price rises too high, some people stop playing and might not come back. CCP's not that stupid.

Also CCP says they'll justify any use of the tools they have to manipulate the PLEX market to the CSM, who will act as a watchdog in the interest of the playerbase.

Love, Benny. xoxoxo
Kehro Urgus
University of Caille
Gallente Federation
#40 - 2012-10-12 09:41:31 UTC
Solstice Project wrote:
I must be the only one with a job.

I love the rising of the PLEX price, like it does every year towards winter.

800 million ISK ... WOOHOOO that'd be awesome, i'd buy ten for lousy 200 bucks ! :D

Get a job !



Get a life!

Yeeee!