These forums have been archived and are now read-only.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

Is PLEX the gold of Eve & if so are we in a deflationary period?

Author
Vaerah Vahrokha
Vahrokh Consulting
#41 - 2013-02-27 19:52:13 UTC
Brumhilde Leidenfrau wrote:
It's adorable that you are living in Eve. Your comments caused great mirth amongst my colleagues.

Fortunately for CCP's shareholders, management doesn't live there with you. PLEX belongs to them. It has nothing to do with what you think or say.

It was adorable though. Really. Made my day.


It's glad to see someone bringing in proven facts about how CCP works, the criteria they compute PLEX prices with and much more. All of it exposed in a completely nice and humble speech of yours. Roll


Let me clue you in in some facts: if CCP was the regular, purely money driven company with the same plain mentality you think they have, then they'd be public and would have sold their enterpreunership and "soul" to the lame shareholders "I want profits NAO" mentality. If CCP was like the regular, purely money driven company, they'd have gone the "squeeze those idiots playing our product" route like most MMO companies have done and they'd have grandiously failed and closed shop like those.

If CCP was like the regular, purely money driven company it'd not care to have constant developers interaction with the players ("lol you WASTING valuable time talking with those monkeys? Get real, we are in for the money dude!").

If CCP was another regular company, we'd not celebrate 10 years of game's life and certainly in no other MMO people can easily think about "what we'll see in the next 10 years".

Maybe I am living in EvE, but you have not got in EvE at all.
Brumhilde Leidenfrau
Dragon Gateway
#42 - 2013-02-27 20:08:57 UTC
Vaerah Vahrokha wrote:
Brumhilde Leidenfrau wrote:
It's adorable that you are living in Eve. Your comments caused great mirth amongst my colleagues.

Fortunately for CCP's shareholders, management doesn't live there with you. PLEX belongs to them. It has nothing to do with what you think or say.

It was adorable though. Really. Made my day.


It's glad to see someone bringing in proven facts about how CCP works, the criteria they compute PLEX prices with and much more. All of it exposed in a completely nice and humble speech of yours. Roll


Let me clue you in in some facts: if CCP was the regular, purely money driven company with the same plain mentality you think they have, then they'd be public and would have sold their enterpreunership and "soul" to the lame shareholders "I want profits NAO" mentality. If CCP was like the regular, purely money driven company, they'd have gone the "squeeze those idiots playing our product" route like most MMO companies have done and they'd have grandiously failed and closed shop like those.

If CCP was like the regular, purely money driven company it'd not care to have constant developers interaction with the players ("lol you WASTING valuable time talking with those monkeys? Get real, we are in for the money dude!").

If CCP was another regular company, we'd not celebrate 10 years of game's life and certainly in no other MMO people can easily think about "what we'll see in the next 10 years".

Maybe I am living in EvE, but you have not got in EvE at all.


Spoken like a true addict. I am sure CCP will quote you at the next meeting with their bankers.

Given the warm outpouring of love for Eve, I am going to go max long PLEX. And, if you are right about how CCP is managed, I will short CCP as a hedge. IT's a perfect trade. PLEX isnt worth money except to CCP and black marketeers, and CCP stock is not tradeable.

But at least we will have love. Why let in rabble-rousers like me at all? I say just keep the long-time folk in, financing by PLEX. No cash need ever change hands again. Ask the wives of the employees how happy they would be with that. They can buy bread with PLEX. It's a beautiful world.
Vaerah Vahrokha
Vahrokh Consulting
#43 - 2013-02-27 20:19:12 UTC
Brumhilde Leidenfrau wrote:

Spoken like a true addict. I am sure CCP will quote you at the next meeting with their bankers.


No, but they have quoted me at Fanfest 2011 and a Dr Ejyo collaborator has written he likes my articles. I couldn't ask neither for more, nor for better.

Waiting to see you quoted by CCP's financial assets strategist.

Brumhilde Leidenfrau
Dragon Gateway
#44 - 2013-02-27 20:28:58 UTC
Vaerah Vahrokha wrote:
Brumhilde Leidenfrau wrote:

Spoken like a true addict. I am sure CCP will quote you at the next meeting with their bankers.


No, but they have quoted me at Fanfest 2011 and a Dr Ejyo collaborator has written he likes my articles. I couldn't ask neither for more, nor for better.

Waiting to see you quoted by CCP's financial assets strategist.



I have no stake in the firm. I am a customer. Customers generate revenue to pay employees and owners. Customers do not generate revenue to pay other customers.

As much as they would like to, I don't think they could keep the gates of Eve open for you unless the company turns a profit. I think the Russian owners are struggling as it is. If I meet any, I will send them your warmest regards. I have a funny feeling they won't care.

I am glad to see they are treating you nicely. They are supposed to make you feel warm and fuzzy. It is their job. I am sure they are nice people. It is a good thing when people are nice and do their jobs. Owners mostly care about the latter though.

It's not my rules. I am sorry if I have upset you.
ngaly
Doomheim
#45 - 2013-02-27 23:53:51 UTC
Vaerah Vahrokha wrote:
Let me clue you in in some facts: if CCP was the regular, purely money driven company with the same plain mentality you think they have, then they'd be public and would have sold their enterpreunership and "soul" to the lame shareholders "I want profits NAO" mentality. If CCP was like the regular, purely money driven company, they'd have gone the "squeeze those idiots playing our product" route like most MMO companies have done and they'd have grandiously failed and closed shop like those.

You disproved yourself with that passage. You say CCP does not behave like companies which went bankrupt and instead behaves like a company that actually generates profit for a long time already? Well, I guess that’s a pretty good definition of how a company that focuses on profit would behave. You seem to think you have to copy a company like Blizzard to have economic success. The truth is every company that tried to copy Blizzard’s mmo failed mostly. If CCP’s owner had the choice they would surely choose to be as profitable as Blizzard. It’s not like CCP’s owners don’t want CCP to be more profitable. The problem is they simply don’t know how to be more profitable. There is surely no guide available that tells you how to be as profitable as Blizzard.

Vaerah Vahrokha wrote:
If CCP was like the regular, purely money driven company it'd not care to have constant developers interaction with the players ("lol you WASTING valuable time talking with those monkeys? Get real, we are in for the money dude!").

Listening to customers to some degree and especially making customers believe that you listen to them and interacting with them is economically a very good decision. It satisfies customers and informs CCP about what customers want while causing only very little costs.

Vaerah Vahrokha wrote:
No, but they have quoted me at Fanfest 2011 and a Dr Ejyo collaborator has written he likes my articles. I couldn't ask neither for more, nor for better.

You are a very active and know member of the community. You are providing content and you help CCP to find out what players want. CCP quotes you to reward you and because you know how to talk to the community. You know what has to be said to satisfy CCP’s customers. You are not necessarily saying what’s right but instead you say what people want to hear. From CCP’s point of view your existence simply has a certain economic value which could be described in dollars.
Brumhilde Leidenfrau
Dragon Gateway
#46 - 2013-02-27 23:57:37 UTC
ngaly wrote:
Vaerah Vahrokha wrote:
Let me clue you in in some facts: if CCP was the regular, purely money driven company with the same plain mentality you think they have, then they'd be public and would have sold their enterpreunership and "soul" to the lame shareholders "I want profits NAO" mentality. If CCP was like the regular, purely money driven company, they'd have gone the "squeeze those idiots playing our product" route like most MMO companies have done and they'd have grandiously failed and closed shop like those.

You disproved yourself with that passage. You say CCP does not behave like companies which went bankrupt and instead behaves like a company that actually generates profit for a long time already? Well, I guess that’s a pretty good definition of how a company that focuses on profit would behave. You seem to think you have to copy a company like Blizzard to have economic success. The truth is every company that tried to copy Blizzard’s mmo failed mostly. If CCP’s owner had the choice they would surely choose to be as profitable as Blizzard. It’s not like CCP’s owners don’t want CCP to be more profitable. The problem is they simply don’t know how to be more profitable. There is surely no guide available that tells you how to be as profitable as Blizzard.

Vaerah Vahrokha wrote:
If CCP was like the regular, purely money driven company it'd not care to have constant developers interaction with the players ("lol you WASTING valuable time talking with those monkeys? Get real, we are in for the money dude!").

Listening to customers to some degree and especially making customers believe that you listen to them and interacting with them is economically a very good decision. It satisfies customers and informs CCP about what customers want while causing only very little costs.

Vaerah Vahrokha wrote:
No, but they have quoted me at Fanfest 2011 and a Dr Ejyo collaborator has written he likes my articles. I couldn't ask neither for more, nor for better.

You are a very active and know member of the community. You are providing content and you help CCP to find out what players want. CCP quotes you to reward you and because you know how to talk to the community. You know what has to be said to satisfy CCP’s customers. You are not necessarily saying what’s right but instead you say what people want to hear. From CCP’s point of view your existence simply has a certain economic value which could be described in dollars.


My sentiments exactly, but much more eloquently and less threateningly put than I could have ever managed.

Thank you.
Candy Oshea
Techfree Investment Group
#47 - 2013-02-28 01:02:24 UTC
Vaerah Vahrokha wrote:
Brumhilde Leidenfrau wrote:

Spoken like a true addict. I am sure CCP will quote you at the next meeting with their bankers.


No, but they have quoted me at Fanfest 2011 and a Dr Ejyo collaborator has written he likes my articles. I couldn't ask neither for more, nor for better.

Waiting to see you quoted by CCP's financial assets strategist.



Wow, hasn't your posting hit an all-time low here, pepridge levels of sperg even.

Someone liking an article, doesn't mean its content is validated/correct, i'm not going to argue with you about your "methods", each to there own.

It's just that each post you make in MD lately, it seems you are always trying to prove you are correct, instead of conceding that players are smarter, do things faster/better, make more isk on the market that you & your methods. in one thread you compared yourself to BMBE for heavens sake.

time to lighten up imo, get of the soapbox. Im worried for you VV, i think you need a break from this game, or at the least the forums, it's become your life it seems.

Pro tip: none of this matters.

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!

Brumhilde Leidenfrau
Dragon Gateway
#48 - 2013-02-28 02:12:56 UTC
Candy Oshea wrote:
Vaerah Vahrokha wrote:
Brumhilde Leidenfrau wrote:

Spoken like a true addict. I am sure CCP will quote you at the next meeting with their bankers.


No, but they have quoted me at Fanfest 2011 and a Dr Ejyo collaborator has written he likes my articles. I couldn't ask neither for more, nor for better.

Waiting to see you quoted by CCP's financial assets strategist.



Wow, hasn't your posting hit an all-time low here, pepridge levels of sperg even.

Someone liking an article, doesn't mean its content is validated/correct, i'm not going to argue with you about your "methods", each to there own.

It's just that each post you make in MD lately, it seems you are always trying to prove you are correct, instead of conceding that players are smarter, do things faster/better, make more isk on the market that you & your methods. in one thread you compared yourself to BMBE for heavens sake.

time to lighten up imo, get of the soapbox. Im worried for you VV, i think you need a break from this game, or at the least the forums, it's become your life it seems.

Pro tip: none of this matters.


Out of curiosity, I just looked through VV's posting history. Potential clinical insanity. I hereby withdraw anything I may have said impugning his/her/its comments. And, no, I don't live at that address anymore. Just leave me and my family alone. I hereby withdraw from this thread.
Vaerah Vahrokha
Vahrokh Consulting
#49 - 2013-02-28 06:43:00 UTC
Candy Oshea wrote:


It's just that each post you make in MD lately, it seems you are always trying to prove you are correct, instead of conceding that players are smarter, do things faster/better, make more isk on the market that you & your methods. in one thread you compared yourself to BMBE for heavens sake.


Candy, considering my MD posting is focused on:

- A charity
- A financial analysis thread
- A free trading course tutorial

if that's "hitting an all time low" then I guess I should just stick to GD poasting like so many others and revel in the 20,000 likes.

What I am trying to prove is not that I am correct, but that all the huge wagonloads of manure I get thrown every single day is undeserved. I know well enough the good and the bad of the things I use:

"You are fundamentally right on two sides:"

"Therefore it's indeed a step behind every step of the way."

"Moreover it WILL perform worse than a perfectly executed Mynna fundamental analysis (see we talk enough about these things) and it WILL perform worse than a well done manipulation.

So you see, I am not deluded about this stuff, I know it's limits fairly well."

Does it look like trying to prove it's doing better or quicker? I don't think so.

As for BMBE, when confronted with the usual unconstructive insulting (see how they keep getting their posts cut off by ISDs?) I just bring in pure numbers. If someone says my 8% a month on 100B is so awful all I can do is to call in an example about other large investments and how much they give to the investors.

Pretty please tell me how would you approach this kind of continuous hostility against you, in a pretty and cheering way and I'll try do follow your suggestion.
Vaerah Vahrokha
Vahrokh Consulting
#50 - 2013-02-28 07:00:16 UTC
Also, I try to start as constructive as I can.

"I disagree on two levels" with a reasoned explanation is not confrontational nor defensive at all.


But when the replies are of the kind:

Brumhilde Leidenfrau wrote:

It's adorable that you are living in Eve. Your comments caused great mirth amongst my colleagues.

Fortunately for CCP's shareholders, management doesn't live there with you. PLEX belongs to them. It has nothing to do with what you think or say.

It was adorable though. Really. Made my day.


Brumhilde Leidenfrau wrote:

I am too busy to put it in simpler terms. It is not that complicated, though.


Brumhilde Leidenfrau wrote:

Too funny.

Yes, dear, I am sure you are right, the world IS run by those with good intentions.

The stakeholders in CCP are happy to let management run a company that doesn't maximize return. There is global warming to stop.

LOLOLOLOL. Just adorable.


then it means such person is behaving in a gratuitous, very hostile way, and you see I am not the only one ITT saying that.
Sadly one of my defects is that I don't play nice with that kind.
Candy Oshea
Techfree Investment Group
#51 - 2013-02-28 10:22:40 UTC  |  Edited by: Candy Oshea
VV when i first read this thread, i read bugsy's post the left satisfied.

When i came back to the thread i see you have quoted him, in disagreement, but instead of providing an argument or "reasoned explanation as you put it" you:

- explained that gold can't vanish
- explained plex's role in the in-game economy, saying the plex economy is tied to the US dollar, and it exists only when eve exists
- Compared Isk prices to USD, via a website
- Starting talking about hedges & derivatives, within the game economy
- something about tieing to BPO's
- spent the last paragraph trying to explain CCP actually play with plex on the game market, and this ties in with when they should sell it.

Hence my post, & your new level.

Some players don't have any 'tact' when they post, and can't help but belittle someone who doesn't know what they are talking about, in their posting, such is the case here, where Brumhilde's post, although belittling, had a message, one that you skipped over, again and again, and then turned it a personal sledge war, ala jerry pepridge. where you end up with a completely pompous attitude, cross your arms with your head in the air and sperg:

Vaerah Vahrokha wrote:
Brumhilde Leidenfrau wrote:

Spoken like a true addict. I am sure CCP will quote you at the next meeting with their bankers.


No, but they have quoted me at Fanfest 2011 and a Dr Ejyo collaborator has written he likes my articles. I couldn't ask neither for more, nor for better.

Waiting to see you quoted by CCP's financial assets strategist.



From the read of Bugsy's, Brum, Debra Tao, pepridge & OP + several others etc, they are quite obviously knowledgeable on the subject of economics. Quite possibly even study in university's on the matter.

So with regards to your question: In the case of Brumhilde, i would have tried to turn the situation into a learning one, where i can gather more information about the subject matter, and be open to change my view. I am man enough to admit when i am wrong * t doesn't bother me like it does some.

Just take it easy mate, none of this is real nor does it matter, and don't quote me out of context, and drag it into some stupid look here i did this i did that post, im not arguing with anyone, its not worth the time.

/me leaves thread

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!

Vaerah Vahrokha
Vahrokh Consulting
#52 - 2013-02-28 12:05:37 UTC
You know I have intense English issues, in fact I can read your reply but don't understand a lot of it Oops
I did not want to belittle Bugsy, just to tell I don't agree and have listed some points about why I don't.

If the way I have written it is offensive I really and sincerely apologize to him!

I even went so far to go dig some old correlation threads to put some more meat on the table. Sad

As for the other poster, I did not quote her, I did not do anything but got some ill written reply.

We had an economics minister here who is a little genius, but he's universally hated and unheard exactly because he shows an attitude that makes the next guy skip his genius content and want to hit him with a club.
Debra Tao
Perkone
Caldari State
#53 - 2013-02-28 12:55:08 UTC
Plex's price appears, to me, to be directly tied up to the average income for the grunt in k-space. Eve wealth is clearly in the hand of a minority, most people have to grind to pay for their spaceships and subscription.

With FW many grunts were able to boost their income, from a pale 20 to 50 mil isk per hour to 300-800 mil isk per hour. Even if the overall FW process is an isk sink that doesn't matter, the isk went from traders pocket to grunt pocket effectively distributing more evenly the currency. Two things happened there : people went to buy plex to sub their account and to invest because these people aren't experienced traders and thought that plex's price would rise ...

The FW nerf stopped that and CCP also took care of Plex's price effectively diminishing the bubble.


Now the basic grunts don't have an easy access to such income, they are back to step one. However with ship rebalancing prices of frigates, cruisers and now BCs have increased. The purchasing power of 95% of eve players has diminished while the rich 5% took full advantage of implants'price and patchs.


Contrary to a popular belief Plex's price has little to do with inflation, it's linked to the purchasing power of the average player and the velocity of money.
Kara Books
Deal with IT.
#54 - 2013-03-01 04:28:13 UTC
Claire Coffee wrote:
@OP

Open graph.
Make it show 1 year period.
Behold.

You're welcome.


Your AVATAR Is.... awesome.
Mark Rain
Deep Core Mining Inc.
Caldari State
#55 - 2013-03-01 06:04:06 UTC
Volume dries up on Wallstreet as schools let out and vacations start.

I would say the EVE market would be similiar...buy the dips ;)
Candy Oshea
Techfree Investment Group
#56 - 2013-03-01 08:42:26 UTC
Brumhilde Leidenfrau wrote:

Too funny.

Yes, dear, I am sure you are right, the world IS run by those with good intentions.

The stakeholders in CCP are happy to let management run a company that doesn't maximize return. There is global warming to stop.

LOLOLOLOL. Just adorable.


Aussie with it.

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!

DarthNefarius
Minmatar Heavy Industries
#57 - 2013-03-01 19:22:34 UTC
Debra Tao wrote:
Plex's price appears, to me, to be directly tied up to the average income for the grunt in k-space. Eve wealth is clearly in the hand of a minority, most people have to grind to pay for their spaceships and subscription.

(snip)
The FW nerf stopped that and CCP also took care of Plex's price effectively diminishing the bubble.


Now the basic grunts don't have an easy access to such income, they are back to step one.

(snip)
Contrary to a popular belief Plex's price has little to do with inflation, it's linked to the purchasing power of the average player and the velocity of money.



One other thing that may be going on from my impressions (anecdotal ) of posts in the Missions & Complexes subforum is that the new NPC AI / TD bug may have cut deeply into many's incomes.

Sigh with out DEV blogs or tweets with the faucets & sinks like the link in my OP any helpul discussion here in the foums is serious hampered.
An' then Chicken@little.com, he come scramblin outta the    Terminal room screaming "The system's crashing! The system's    crashing!" -Uncle RAMus, 'Tales for Cyberpsychotic Children'
Ark Destroyer
BLOMI
#58 - 2013-03-01 20:15:56 UTC
Bought a nice chunk of plexes below 500mil... nice to see prices delfate somewhat, would be even nicer if they kept dropping!

Neutral Talent CEO Specializing in "complete" super-capital packages

Complete supercapital packages

Debra Tao
Perkone
Caldari State
#59 - 2013-03-02 06:30:55 UTC
DarthNefarius wrote:

One other thing that may be going on from my impressions (anecdotal ) of posts in the Missions & Complexes subforum is that the new NPC AI / TD bug may have cut deeply into many's incomes.



That's probably negligible... Although i would be surprised to see PLEX's price go down. 500mil is a pretty strong support and there is on more discount.
Cooyaw
State War Academy
Caldari State
#60 - 2013-03-02 13:48:12 UTC
Nonk all dat VV crap, tred ain't abot dat.

I see ships as the gold in eve in the fact that THEY ARENT GOING ANYWHERE

prices will rise and fall based on nerf's buffs etc.