Market Discussions

they dont create they just take existant plex to put on market

ok. let's say they created these 2000 PLEXes. After market is stabilized they removed these 2000 PLEXes.

What would be different in this case?

well, i guess this operation can be made the way no ISK came to/want from the game by the END. However it's easier to use already existing PLEXes, yea....

thanks

Even if they did, saying "we created 2000 PLEX ~*out of thin air*~" perhaps would not resonate well with the panicky-protesty-monument-shooting playerbase, which is why it would be better to speak about confiscated assets from banned accounts.

In reality, simply creating the PLEX would mean, as correctly pointed out above, writing off the revenue from 2000 months of subscription - which is like 0.5% of the revenue of a single month, assuming ~400k TQ subscribers. They'd also remove a trillion ISK or so from player hands.

i would say "keep em" for future needs ... I mean if they need to intervene in future its more correct to use "actual money" and not "created one" i understand bot ISK may be bad to be introduced in ingame economy , but this PLEXes were bought with actually made ISK by players .

They also mentioned they do some trading also , so afaik , the wealth they get is used by them in certain situations following theyre doctrine not to mess around with it to much , or use only ingame mechanics and available resources like real players .

So even if they "fix" this fix is done by actualy gameplay means .

If they are going to be correct the isk went onto the banned accounts. I think part of the reason they did this is they realized they caused part of the plex price rise by allowing the macros, to run for to long and allow them to continously eat up plex supply. To reverse this issue they are turning the plex back free. THe only problem is that they are now in effect destroying isk, the macros in general did not cause the isk faucet unless they were ratting bots.

if they keep it (in some theyre storage)
or return to banned acc .

But once they "need" the isk they can use either of those two sources so it doesnt make any difference , its not about where ISK stays/goes , its about what will happen with it . If they dont need it it will be removed from game in both casses (just stay there forever) , incase they will be needing it , it will be used from both sources , which again imo is same thing .

And i think all agree even ccp , that not using that ISK ever is the best choice .

The funny thing is it doesn't really matter if they pull the PLEX off banned accounts our not on our end.

They are doing it but not for the reason you think they are. Not for the reasons they say they are.

CCP is the central bank of Eve. Central banks are evil by nature. Can't be avoided.
If they are public they go corrupt and if they are private they do things to lace their own pockets. (( Also Corrupt ))

Here is a simple video of how central banking works: (( Highly recommended ))
http://www.youtube.com/watch?v=mII9NZ8MMVM&NR=1&feature=endscreen

CCP says they are releasing PLEX to keep prices down.
Not true and not good for the Eve economy.
If you are the guy who buys PLEX to use in game you should be pissed.
They are artificially keeping prices low. If they put all assets of banned accounts on the market it would be another story.

They may say it's good for the players but do you really believe that? (( Should you? ))

What it really does:
First it makes you need to buy more PLEX with real cash to accomplish the same in game goal. (( More cash in CCP's pocket ))
Now PLEX may have been made from nothing but has a real life IOU value. (( 30 days of game time ))
30 days of game time is priced by CCP so if IOU's are outstanding it has to be shown on real life accountant sheets.
Just like a gift card at best buy or any other store. The money on the books is good but the debt left of the books is not.
That is why gift cards now have expiration dates. (( Gift cards are a scam for stores to get free money FYI ))
So every time CCP puts a PLEX (( Gift card )) back on the in game market and it's used that debt can come off the real life books. I would not be surprised if many governments treat them identical. (( Minimum length of expiration required )).
This means every time CCP sells a player a banned account PLEX they not only look but become healthier to their share holders. (( More money in the CEO and boards pockets ))

Next time they say: It's to help the players feel free to come back to this post.

Although I agree that real world central banks are corrupt, we can not make the same assumptions about CCP's role. CCP, as central bank with regards to PLEX, does not have the same corrupting incentives as a real world central bank.

Also this idea about PLEX coming off the books, as a debt of 30 days game time owed. Since those accounts were banned, all of their in-game assets were seized legally. CCP could have just zapped the PLEX right then and there to clear the books of a 30 day game time debts, but they did not.

Furthermore, once CCP releases PLEX on the market and players purchase them, there is no guarantee what a player might do with that PLEX. They might hold it, they might use it for game time. We can only make a guess of what players might do. As pointed out, CCP could have zapped the PLEX at the time of seizure instead of the uncertainty of future behaviors.

As a central bank, I'd be more inclined to trust CCP's actions in-game, than any real world central bank out of game.

Yeah I'm sure the CEO and board cackle with evil glee every time CCP get another 500 million spacemoniescredits (that they could just spawn arbitrarily large amounts of whenever they feel like it) this way.