Market Discussions

How'so? Don't get it.

i just may. in 30 day's when i buy my next plexs. if i have to pay over 400 mil for a plex i will stop playing eve

i have to do the same to.. trit 5.00 isk unit coming soon

While your argument sounds valid, unfortunately you're basically making it up.

The last 12 months worth of Plex data in The Forge shows that there has been a slight increase in volume traded in plex, and certainly no downward trend in orders placed or numbers of plex traded. Moreover, its only been since plex started nudging past the 400 mil mark you've seen the plex drives, bulk deals, plex instead of time for buddies, most recently 3 plex for power of two or 180 days game time.

You could argue that its a drying up of the market, and supplies aren't coming in, which is possible, although . With 2000+ plex traded a day, accounting for approximately 1/5 of the game time needed, you could make the argument that not all the plex being traded is being consumed.

I would suggest that tech traders are no longer seeing much return in technetium so they're shifting over to plex as another large item that is traded consistenly. I'd also combine this with a recent drop in fresh numbers of plex being put on the market, which has something to do with the supercap nerf (a titan used to cost an entire day's worth of plex trading in jita) and uncertainty surrounding these ships making people not willing to plex it up to get their super pilots and ships.

Without the fresh sellers coming in its probably a lot of traders just passing plex around. 2000 (in jita alone) plex traded daily would account for about 1/5 of the subscription base, but without any numbers on how many people CC their account vs. PLEX, amount consumed per day versus traded per day is just a complete blind guess.

A couple of things you should know about the plex market:

A significant chunk of daily trading is margin flipping. I spent a day poopsocking jita plex once when I was sick and flipped something like 500 units by myself. (Note: don't bother, you might as well go work at mcdonalds and buy some plex with dollars instead - you'll make more isk per hour and have more fun.) Considering that Jita daily volume is around ~2k or ~2.5k that means I had my fingers on around half or a third of the daily transactions in the market. I _think_ that's about how much of the market is margin flipping on any given day, and obviously it's going to fluctuate.

Unless there's a big price move in a single day, like a crash, most of the time plex doesn't go from trader to trader it goes from plex producer to trader and trader to plex consumer. Most of the time there isn't enough profit in buying from another trader unless, like I said before, there's a big market move in a single day - there simply isn't enough margin to split with another party.

Also, totally not debating that I'm guessing, short supply due to CCP flushing out all the plex producers early is the best guess I can make with all the info I have.

edit: if, say, 40% of the market on any given day is margin flipping that means 60% is buying/selling for consumption or stockpiling - the question then is how much of it is consumption, how much is speculation and how much is as a hedge against isk inflation.

to CCP Spitfire

are we going to see a plex cap soon ?

Panic mode have replaced the Greed mode.

I expect CCP will soon start taking in pre-orders for Dust514. In that package CCP can put 1 (or several) PLEX and a free 21 day trial for Eve Online. The PLEX can be used for 30 days Eve gametime, sold for ISK or converted to Aurum.

because he wants a supercap.

most common options to get into a supercap are in my experience (no particular order)

(a) grind incursions or sleeper sites for a few weeks/months
(b) sell the main character on your 2nd/3rd account
(c) sell PLEX

Try 590m