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Let's discuss PLEX prices.

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Captain Tardbar
Deep Core Mining Inc.
Caldari State
#1 - 2013-09-19 18:09:12 UTC
It seems that PLEX might hit the 600 million mark sometime soon and I am thoughtful to why this is happening now.

EVE population is down because of the return to school so one would think there would be less isk generation to buy PLEX which would entail the price should go down (but its not).

However, could it mean that students are more likely spend money on PLEX to sell on the market?

And that without them, there is less to go around.

Certainly its not really inflation because mineral prices are still at a year low.

So what do you think is cauing the upward price movement?

Looking to talk on VOIP with other EVE players? Are you new and need help with EVE (welfare) or looking for advice? Looking for adversarial debate with angry people?

Captain Tardbar's Voice Discord Server
Gogela
Epic Ganking Time
CODE.
#2 - 2013-09-19 18:16:02 UTC
Captain Tardbar wrote:
It seems that PLEX might hit the 600 million mark sometime soon and I am thoughtful to why this is happening now.

EVE population is down because of the return to school so one would think there would be less isk generation to buy PLEX which would entail the price should go down (but its not).

However, could it mean that students are more likely spend money on PLEX to sell on the market?

And that without them, there is less to go around.

Certainly its not really inflation because mineral prices are still at a year low.

So what do you think is cauing the upward price movement?

I don't know why it happens, but for some reason around the end of the year PLEX prices go up. Typically through december you can see PLEX go as high as 700-750 mil ea but then in the spring they come back down to the 500 level. It's just the cycle I've seen since PLEX was introduced... but I don't know why it happens.

Signatures should be used responsibly...
Tore Vest
#3 - 2013-09-19 18:18:41 UTC
I blame Incursions....
Was that last time prices was high Blink

No troll.
Obunagawe
#4 - 2013-09-19 18:19:35 UTC
PLEX price will keep increasing due to people not wanting to pay for EVE as it is such a bad game. This will increase PLEX demand and reduce PLEX supply. And the rate of increase will increase exponentially.
BenDover
Caldari Provisions
Caldari State
#5 - 2013-09-19 18:21:23 UTC
Obunagawe wrote:
PLEX price will keep increasing due to people not wanting to pay for EVE as it is such a bad game. This will increase PLEX demand and reduce PLEX supply. And the rate of increase will increase exponentially.


Kindly GTFO.
Horus V
The Destined
#6 - 2013-09-19 18:21:39 UTC
People are starting to actually use that new feature: "dual character training".
Altocholism is what drives this game going. I really wish to see some data from CCP if I'm right.

V
Caliph Muhammed
Perkone
Caldari State
#7 - 2013-09-19 18:22:38 UTC
Why should he gtfo, does the truth hurt?
Roime
Mea Culpa.
Shadow Cartel
#8 - 2013-09-19 18:36:57 UTC
It's because goons use ISBoxer to run hisec incursions while ganking their hauler alts in tier 5 FW plexes and ******* salvage ALL cap escalations with dual Noctises that they scammed from RMT renter alliances.

I hope this clears this matter.





.
Rekon X
Doomheim
#9 - 2013-09-19 18:37:33 UTC
Captain Tardbar wrote:
It seems that PLEX might hit the 600 million mark sometime soon and I am thoughtful to why this is happening now.

EVE population is down because of the return to school so one would think there would be less isk generation to buy PLEX which would entail the price should go down (but its not).

However, could it mean that students are more likely spend money on PLEX to sell on the market?

And that without them, there is less to go around.

Certainly its not really inflation because mineral prices are still at a year low.

So what do you think is cauing the upward price movement?


That would be my theory.

Definition of goon - a stupid person Those who can do, those who can't spew
Rengerel en Distel
#10 - 2013-09-19 18:37:48 UTC
Perhaps it's the lack of PLEX sales giving an actual discount? The guy that runs the sales probably is on vacation.

With the increase in shiptoasting, the Report timer needs to be shortened.
Rekon X
Doomheim
#11 - 2013-09-19 18:38:52 UTC
Obunagawe wrote:
PLEX price will keep increasing due to people not wanting to pay for EVE as it is such a bad game. This will increase PLEX demand and reduce PLEX supply. And the rate of increase will increase exponentially.


At least not if they have to spend real money on it.

Definition of goon - a stupid person Those who can do, those who can't spew
Lipbite
Express Hauler
#12 - 2013-09-19 18:44:45 UTC
Less people playing EVE in September - November = higher price. Price will fall in February-April though it probably will be higher than 530 mil minimum during last summer. It's good moment to invest into PLEXes and sell them 1-2 months later with 25-40% profit.
Tippia
Sunshine and Lollipops
#13 - 2013-09-19 18:47:46 UTC
Roime wrote:
It's because goons use ISBoxer to run hisec incursions while ganking their hauler alts in tier 5 FW plexes and ******* salvage ALL cap escalations with dual Noctises that they scammed from RMT renter alliances.

I hope this clears this matter.
You need to squeeze AFK cloaking in there as well, somehow.
RomeStar
Caldari Provisions
Caldari State
#14 - 2013-09-19 19:06:25 UTC
CCP is buying plex from the market inorder to drive the price up so more new players will be tempted to buy them and cash them out. Apply tinfoil hat now.......


Will we ever have proof that CCP seeds or buys plex off the market? We know they do we just dont have proof on the extent of the manipulation.

Signatured removed, CCP Phantom
Cade Windstalker
#15 - 2013-09-19 19:07:28 UTC
Gogela wrote:
Captain Tardbar wrote:
It seems that PLEX might hit the 600 million mark sometime soon and I am thoughtful to why this is happening now.

EVE population is down because of the return to school so one would think there would be less isk generation to buy PLEX which would entail the price should go down (but its not).

However, could it mean that students are more likely spend money on PLEX to sell on the market?

And that without them, there is less to go around.

Certainly its not really inflation because mineral prices are still at a year low.

So what do you think is cauing the upward price movement?

I don't know why it happens, but for some reason around the end of the year PLEX prices go up. Typically through december you can see PLEX go as high as 700-750 mil ea but then in the spring they come back down to the 500 level. It's just the cycle I've seen since PLEX was introduced... but I don't know why it happens.


This actually seems to be correct, amazingly enough. (type in 500 and then hit set)

Historical data (set to 380 or the graph is unreadable due to data corruption or something) suggests that it probably is a supply contraction of some kind, possibly due to "the holiday season", winter, and people budgeting their money more carefully as a result of both.
Rekon X
Doomheim
#16 - 2013-09-19 19:07:52 UTC
Lipbite wrote:
Less people playing EVE in September - November = higher price. Price will fall in February-April though it probably will be higher than 530 mil minimum during last summer. It's good moment to invest into PLEXes and sell them 1-2 months later with 25-40% profit.


Simply less people would be relative. There would be less buying both in game and out of game and it would still be about the same price. Seems more likely school students buy more plex and don't play during the school months.

Definition of goon - a stupid person Those who can do, those who can't spew
BenDover
Caldari Provisions
Caldari State
#17 - 2013-09-19 19:09:17 UTC
Caliph Muhammed wrote:
Why should he gtfo, does the truth hurt?


If EVE was truly such a bad game, people would not play it. If you're playing the game, don't moan about it being "so bad". The line between constructive criticism and outright whining is not a thin one.
Rekon X
Doomheim
#18 - 2013-09-19 19:09:46 UTC
RomeStar wrote:
CCP is buying plex from the market inorder to drive the price up so more new players will be tempted to buy them and cash them out. Apply tinfoil hat now.......


Will we ever have proof that CCP seeds or buys plex off the market? We know they do we just dont have proof on the extent of the manipulation.


Good possibility, they do make cash on it.

Definition of goon - a stupid person Those who can do, those who can't spew
Tippia
Sunshine and Lollipops
#19 - 2013-09-19 19:11:42 UTC
RomeStar wrote:
Will we ever have proof that CCP seeds or buys plex off the market? We know they do we just dont have proof on the extent of the manipulation.

Actually, we don't know that they do, and we have proof of the manipulation.
The main difference is that they're reusing confiscated PLEX rather than seeding new ones or buying existing ones.
Caliph Muhammed
Perkone
Caldari State
#20 - 2013-09-19 20:33:11 UTC  |  Edited by: Caliph Muhammed
BenDover wrote:
Caliph Muhammed wrote:
Why should he gtfo, does the truth hurt?


If EVE was truly such a bad game, people would not play it. If you're playing the game, don't moan about it being "so bad". The line between constructive criticism and outright whining is not a thin one.


I play EVE in the sense I log on and adjust my ques maybe fool around trading, that's about it.

Local chat makes the game a dull campfest be it gate or station and wormholes are too much of a logistics pain to be a cure for the ailment.

I have no problem admitting I pay to play a bad game. I hope eventually CCP will see the light, EVE has promise, but as it stands its a big pile of mediocre poo and the guys remarks about plex and paying for a bad game are spot on.

The notion school does this or that I believe is off base. Most people in school aren't dropping cash for plex. Adults with free income to do so, do. The school kids want to play free and when they go back to school the demand should drop if the theory were grounded. It doesn't and i'd wager it won't. My reasoning is partly due to what the post I defended suggested that more and more are not wanting to pay for EVE because the enjoyment factor requires hours to produce minutes of fun and the people who are original buyers/sellers of plex are finding less and less reason to continue buying more. A few billion of ISK is all youll really need in highsec where most play as there is a upward ship size you can use and with the protection of local nowhere near enough death occurs to give the demand ISK should have.

Nullsec as a lifestyle requires something that plex can not buy nor can a bigger ship impart. Numbers. Since there is no worthwhile reason to go through the hassle of getting those numbers (you'd need quite a few to compete with null power blocs) Highsec is where most end up and will remain.

War is a waste of ISK. War is essential for a healthy highsec. High sec rots. The supply of plex dwindles while the demand peaks . The demand isn't peaking because of high numbers, its peaking because more and more refuse to pay for the few hours of enjoyment they actually get out of EVE.
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