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Let's discuss PLEX prices.

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RomeStar
Caldari Provisions
Caldari State
#21 - 2013-09-19 20:34:20 UTC
Tippia wrote:
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.


what proof do you speak of?

Signatured removed, CCP Phantom
mechtech
Ice Liberation Army
#22 - 2013-09-19 20:43:09 UTC
RomeStar wrote:
Tippia wrote:
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.


what proof do you speak of?


It was a segment in an economic fanfest panel.

CCP has practically unlimited PLEX reserves from banned accounts. As far as we know CCP has only used them once, during the huge PLEX manipulation that happened a while back (sorry, forgot when).
Khergit Deserters
Crom's Angels
#23 - 2013-09-19 20:44:34 UTC  |  Edited by: Khergit Deserters
Rekon X wrote:
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.

Or, looked at another way, less dads (with dollars) are playing during the summer. Because kids are home (in N. America at least) and they're out doing family stuff. Or out doing summer stuff of their own. Autumn is back to school time for kids, and back to indoors time for dad because of the weather. I.e. EVE time! The people with more dollars than free time are back in the game this time of year, therefore the dollar value of ISK goes up.

It's a theory at least. Smile
Doc Fury
Furious Enterprises
#24 - 2013-09-19 21:04:03 UTC
If you believe the latest FUD the Barbie-thumpers™ are pushing as their new talking point, everyone is leaving EVE for SC.

Or, they will... or something..







☼

There's a million angry citizens looking down their tubes..at me.
Zappity
New Eden Tank Testing Services
#25 - 2013-09-19 21:14:20 UTC
Caliph Muhammed wrote:
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.


You need to come play in lowsec.

Zappity's Adventures for a taste of lowsec and nullsec.
Obunagawe
#26 - 2013-09-19 21:21:47 UTC
Zappity wrote:

You need to come play in lowsec.


Ah, lowsec.

The blobs and elitism of nullsec combined with the bad game mechanics of highsec. A perfect combination of the worst elements of both areas.
Zappity
New Eden Tank Testing Services
#27 - 2013-09-19 21:26:07 UTC
Obunagawe wrote:
Zappity wrote:

You need to come play in lowsec.


Ah, lowsec.

The blobs and elitism of nullsec combined with the bad game mechanics of highsec. A perfect combination of the worst elements of both areas.


Yes. I admit it. I blob all the time. Ahem.

I prefer to look at it the other way: high is too boring, null is too much hassle, low is 'undock and find an insta-fight' land in the middle.

Zappity's Adventures for a taste of lowsec and nullsec.
Angeal MacNova
Holefood Inc.
Warriors of the Blood God
#28 - 2013-09-19 21:26:09 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?


Sounds solid.

The kids give up their summer jobs for school.

No work, no money, no buying plex to sell for isk on the market.

Combine that with people saving up for christmas, it's no surprise that prices would peak around that time.

http://www.projectvaulderie.com/goodnight-sweet-prince/

http://www.projectvaulderie.com/the-untold-story/

CCP's true, butthurt, colors.

Because those who can't do themselves keep others from doing too.
Bagrat Skalski
Koinuun Kotei
#29 - 2013-09-19 21:32:33 UTC  |  Edited by: Bagrat Skalski
This game was always p2p. And if more people are denying that by wanting to PLEX all acounts, and less people are willing to buy the ISK from them by PLEX trading, you know what will happen then.

Custom ship skins, character creator style "repaint". Bring it!
Captain Tardbar
Deep Core Mining Inc.
Caldari State
#30 - 2013-09-19 21:48:03 UTC
Hrm... According to the market data the same thing happened last year.

So is it the students who pay for the plex to fuel their PVP etc? Then why does it drop in winter when they are still in school?

Christmas gifts?

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
Just Lilly
#31 - 2013-09-19 21:58:10 UTC
So, secure your needs for Plexes now, before the price goes up even more Blink

Buy Buy BUY!
Powered by Nvidia GTX 690
Obunagawe
#32 - 2013-09-19 22:15:57 UTC
Just Lilly wrote:
So, secure your needs for Plexes now, before the price goes up even more Blink

Buy Buy BUY!


Already got 118.
Mr Kidd
Center for Advanced Studies
Gallente Federation
#33 - 2013-09-19 22:18:13 UTC  |  Edited by: Mr Kidd
I'm interested as well in the statement by Tippia about proof of manipulation. I've no doubt CCP manipulates prices but, I am curious to see discussions on the topic.

It would make sense for CCP to fill a certain percentage of plex sell orders to hold up price to stimulate purchases on the revenue end and reducing in game supply. The more isk a person can get who is willing to purchase a GTC to convert to Plex, the more GTC they're willing to purchase. No doubt that CCP is continually attempting to find the most profitable price points both in game and out. And, it costs them nothing to fill someone's Plex sell order. It doesn't even inflate the amount of isk in game as long as they're using confiscated isk to do so. Although, doing so means a decrease of legitimate in game purchasing of plex as more expensive plex in game leads to lesser demand. I wonder to what extent is CCP willing to increase prices of plex.

Don't ban me, bro!
Tippia
Sunshine and Lollipops
#34 - 2013-09-19 22:23:52 UTC
Mr Kidd wrote:
I'm interested as well in the statement by Tippia about proof of manipulation. I've no doubt CCP manipulates prices but, I am curious to see discussions on the topic.
Check the last two fanfest economy presentations — complete with graphs. I don't remember off-hand if they published any devblogs about it as well, but I know it's in at least one set of CSM minutes. CCP have been fairly open about this fact and about how it's done.
Maldiro Selkurk
Radiation Sickness
#35 - 2013-09-20 08:45:15 UTC
CCP puts PLEX on sale, prices drop a bit, but every couple months they rock-bottom the price of plex and plex prices then drop in-game a lot.

simple market forces at work, with CCP pulling the strings.

Yawn,  I'm right as usual. The predictability kinda gets boring really.
Cpt Arareb
Viziam
Amarr Empire
#36 - 2013-09-20 09:19:24 UTC
is very simple actually, the summer is ending, winter is comming, more night time, less sun, more rain, more time to play eveCool
Alavaria Fera
GoonWaffe
#37 - 2013-09-20 10:11:31 UTC  |  Edited by: Alavaria Fera
winter is coming

n3's final victory approaches

freeze to death in the harsh coldness of space

progodlegend's frozen corpse

Triggered by: Wars of Sovless Agression, Bending the Knee, Twisting the Knife, Eating Sov Wheaties, Bombless Bombers, Fizzlesov, Interceptor Fleets, Running Away, GhostTime Vuln, Renters, Bombs, Bubbles ?
Logical Chaos
Very Italian People
The Initiative.
#38 - 2013-09-20 11:08:00 UTC  |  Edited by: Logical Chaos
Confirming my Industry Army finished training and there is no need to keep Dual Character Training running on all my accounts to fill the empty slots!

Caliph Muhammed wrote:
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.


Although I do not 100% agree with what you conclude I agree that Highsec needs to be changed. First thing: Remove Highsec Incursions. Thanks.
Harry Kawkenbawls
Pator Tech School
Minmatar Republic
#39 - 2013-09-20 12:06:15 UTC
No way to know how much this has affected the prices of PLEX but a major RMT dealer on a player auction site a recently list a whole lot of PLEX at prices considerably higher than normal for that site. I would love to see a CCP sting to catch and ban all the accounts for that merchant.
Krixtal Icefluxor
INLAND EMPIRE Galactic
#40 - 2013-09-20 12:16:02 UTC
Alavaria Fera wrote:
winter is coming



IndeedBig smile

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882