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PLEX : Told you so
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Skippermonkey
Deep Core Mining Inc.
Caldari State
#21 - 2011-11-15 16:20:54 UTC
Black Dranzer wrote:
Demolishar wrote:
It means someone or some group has pretty much cornered the market and is price fixing.

Well yeah, but we're not talking about +3 implants here, these are PLEX. There's a massive amount of them and they're pretty damned expensive for a commodity. I find it hard to believe that one group could just waltz in raise prices by that much.

You should ask Waagstrom how he does it

COME AT ME BRO

I'LL JUST BE DOCKED IN THIS STATION
Ann133566
Doomheim
#22 - 2011-11-15 16:23:14 UTC
I stopped paying for my account through plex. Theres a point where it's just not worth the hassle grinding the ISK for and I prefer to do something more interesting rather than fattening someone elses pockets. Besides it releases you from a worry. Good time to sell plex though.
Niko Takahashi
Yoshitomi Group
#23 - 2011-11-15 16:32:42 UTC
Grey Stormshadow wrote:
Anyone who buys plex with over than 400m is a tool.


Pretty much
Lexmana
#24 - 2011-11-15 16:34:45 UTC
The "Power of two" (six months for 3 PLEX) offer is my main guess.

I bough five PLEXs for that offer (two was for speculation :) two weeks ago and I suspect many others have and consider doing it. I expect demand to continue to be high until the offer ends at 28th.
AkJon Ferguson
JC Ferguson and Son Ltd
Ferguson Alliance
#25 - 2011-11-15 16:43:18 UTC
I suspect CCP is deliberately forcing PLEX prices higher by printing ISK and buying up tons of PLEX.

CCP needs to make public precisely what market manipulation they've done in the PLEX market. I have no interest in playing a game that is supposed to have a player-run economy where the developer prints money and fucks with the market.
Cunane Jeran
#26 - 2011-11-15 16:45:33 UTC
Is power of two still on? that'd help account for the massive spike.
Black Dranzer
#27 - 2011-11-15 16:46:28 UTC
I doubt CCP would be stupid enough to resort to printing isk and buying up PLEX. Not only would it be horrible for the economy, can you imagine the shitstorm if it ever got out?

Walking in Stations as a Social Hub: Business vs Pleasure in Incarna
DTson Gauur
Underground-Operators
#28 - 2011-11-15 16:49:27 UTC
Not gonna bother keeping 2 of my accounts active at these prices, I rather just let them go unsubbed. And if the prices still keep rising... I rather stop playing altogether than pay those extorsionist prices.

*fondly remembering the days you could get 90 days @250mil*
Lexmana
#29 - 2011-11-15 16:54:23 UTC
DTson Gauur wrote:
Not gonna bother keeping 2 of my accounts active at these prices, I rather just let them go unsubbed. And if the prices still keep rising... I rather stop playing altogether than pay those extorsionist prices.


You know, price of subscription hasn't changed if you pay by credit card.
Onictus
Federal Navy Academy
Gallente Federation
#30 - 2011-11-15 16:56:22 UTC
Black Dranzer wrote:
Strange.

High PLEX prices means increased demand. Does that mean that more people are playing, or simply that more people are switching to PLEX..? It seems unlikely that people have finally started purchasing incarna items en masse, so who knows..



Or simply more money in the system.

Either way I've been stocking up for a couple months. Bring on 700mil isk plex, I can afford the $15 a month.
Sakkar Arenith
Kenmei Corporation
#31 - 2011-11-15 16:56:59 UTC

Suprise?!

This was bound to happen, when EVE goes boring, less people buy PLEX, fewer PLEX = higher prices = EVE is dying...


Why do you actually think that CCP is actually in such a fuss to actually fix stuff for a change, albeit still being quite far off from it..

Sure there is speculation, but, just as with the current current debt crisis in the world:


"Where there is smoke, there is fire!"

P.S. This Winter Expansion is a start, a small one, if by march we don't have super new revamped game-play EVE expansion on the horizon it'll be that for eve and CCP...

So pull your thumbs out of your ass and start revamping game play near completely!
T-Jay Charante
Black Sun Industry and Research
#32 - 2011-11-15 16:59:32 UTC
Why do people feel it is the right of others to pay for their subscriptions?
Denidil
Cascades Mountain Operatives
#33 - 2011-11-15 17:06:13 UTC
AkJon Ferguson wrote:
I suspect CCP is deliberately forcing PLEX prices higher by printing ISK and buying up tons of PLEX.

CCP needs to make public precisely what market manipulation they've done in the PLEX market. I have no interest in playing a game that is supposed to have a player-run economy where the developer prints money and fucks with the market.


take off the tinfoil hat.

Tedium and difficulty are not the same thing, if you don't realize this then STFU about game design.
Solstice Project
Sebiestor Tribe
Minmatar Republic
#34 - 2011-11-15 17:07:25 UTC

Makes perfect sense anyway, considering there's a pretty awesome expansion coming.

Noobs will happily buy PLEX for that amount of ISK they'll get.
Movtaron
Immortalis Inc.
Shadow Cartel
#35 - 2011-11-15 17:11:24 UTC
if the prices stay this high, or go higher, CCP will lose 3 accounts from me until the prices are right again. no fu**** way im buy plex at those prices!

I guess BF3 will be played alot more around christmas then =)
Selinate
#36 - 2011-11-15 17:13:09 UTC
it will come down eventually. You can buy one now and bet on it increasing again before it does plummet, but mark my words, it will come down eventually.
Malcanis
Vanishing Point.
The Initiative.
#37 - 2011-11-15 17:20:09 UTC  |  Edited by: Malcanis
Levija Saplina wrote:
At the going growth rate of prices, I believe PLEX will hit 700 mil by christmas time.

It is now at 570-590 mil per in Jita.

And the trend to rise is only limited by the fact that most people purchase their PLEX on week ends.

This means that tonight's spike in PLEX is nothing compared to what is coming.

But so many warning signs were there and nobody wanted to listen.

Guess people will have to run many more incursions soon.


If they hit 600, I'm going to work a weekend day and buy 5 GTCs. I suspect you'll find that others will do the same at whatever their personal "what the hell" point is.

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016
DTson Gauur
Underground-Operators
#38 - 2011-11-15 17:20:49 UTC
Lexmana wrote:
DTson Gauur wrote:
Not gonna bother keeping 2 of my accounts active at these prices, I rather just let them go unsubbed. And if the prices still keep rising... I rather stop playing altogether than pay those extorsionist prices.


You know, price of subscription hasn't changed if you pay by credit card.


Yes, but I do have better uses for the money than to use it on spacepixels.
Malcanis
Vanishing Point.
The Initiative.
#39 - 2011-11-15 17:21:54 UTC
AkJon Ferguson wrote:
I suspect CCP is deliberately forcing PLEX prices higher by printing ISK and buying up tons of PLEX.

CCP needs to make public precisely what market manipulation they've done in the PLEX market. I have no interest in playing a game that is supposed to have a player-run economy where the developer prints money and fucks with the market.


I checked with the lizard people when they took me to their secret base on the moon.


They said you're right

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016
Comrade Commizzar
Eve Revolutionary Army
#40 - 2011-11-15 17:22:27 UTC
Glad I extended through April 2012 at around 450 mil each.