Market Discussions

I never said it was guaranteed, just very likely, based on the concepts I outlined. I won't deny that there could be some emotions of optimism involved, but I try to look at the facts. There is also the possibility that CCP will do something that ultimately affects the supply or demand for ISK or PLEX, such as making PLEX 20 days instead of 30 (price of PLEX would go down), or removing bounties from NPC pirates (price decrease of ISK would level off a bit).

I agree, it should be a bit lower.

I agree.

I see it as a question of time (man-hours). A trader will be able to spend more time/effort flipping commodities to make more ISK. An "investor", per se, will be able to spend more time/effort swing trading to maximize longer-term profit off of price movements. A rich brat with too much money will be pretty happy to spend no time and no effort for the relative certainty of not losing buying power over time.

And indeed, since we are talking about investing smartly, and not about station trading, or about dumping ISK into a commodity that is relatively stable, you are absolutely correct that there are better items to trade for better profit.

Jesus christ the subscription fee is nothing anyway.

To be honest I've always been perplexed (get it?) as to just how cheap PLEX have been. When you think of what you get for your money; would you really spend, what, almost $70 for a fitted dred? Maybe not quite, but damn close. That seems ridiculous. I would think $10-$20 would be tops. Even that seems plenty for something that can get blown apart in an instant. Yeah, I'm sure some Russian billionaire's kid has bought a titan with PLEX before, but that sort of thing has to be really rare. If I had no idea and never knew, if I had to guess what a PLEX price would be I'd say 2-4 billion. I can't believe people spend money and get so little ISK in return. When I first started I knew the program existed, but figured I'd never be able to use it as I'm not "that hardcore guy." Little did I know just how easy it was.

I looked around in some neighboring regions the other day to see if there were opportunities there in places without one of the "big 5" hubs, and opportunities abound. There's actually some volume there! In the end though I decided it was too much effort to get off my fat ass to move back and forth, and even more effort to train up another trader. If I ran four traders on two accounts and really worked it I know I could get well over a billion- closer to two-every day (average anyway). It would be a ****-ton of work, which is why I don't, but I could PLEX both accounts in a day. Hell, I could keep all six training and get my PLEX back in half a week! I'm just amazed (and thankful!!) that so many people spend money on PLEX only to sell them so cheaply. I'd never have believed there would be so many when there's so many players with soooooooo much ISK. I don't believe for a second that I'm unusually wealthy. I see some of the big transactions going on, and there's people with almost limitless ISK, and lots of them. There's lots of **** or extreme quantities that I could never afford. So how is it that people buying PLEX outnumber these ultra-rich so much, especially when selling a PLEX gets you so little??? If PLEX do go to a billion, I still think it's a pretty good deal. Yeah, it's gonna he hard to get it ratting, and the multi-box mining fleets will suffer (unless, for just that reason, mineral prices explode), but I never thought I'd be someone who would be able to PLEX at all. I figured that rare honor would be reserved only for the most hardcore players that did little else other than play EVE. Instead I find it to be not a big deal at all, even though I'm not one of the big shots. That was a huge shocker to discover that, "Wait a minute!... let me check the math again...I don't have to pay for this!!!" No my friend, PLEX are cheap, even now, and even at a billion. Not that I want them to go up, I don't at all, but I'm just continually amazed how cheap they are when you consider their cost/reward ratio for the people who buy them with money.

What? No...

First of all, (according to the wiki) the numbers you see in the market history have already been trimmed - that is, the outliers have been identified by some formula, and removed from the data. So what you see in the history is already CCP's idea of "true" values.

Secondly, the data you get from eve-central is not "official". It's simply numbers that people have found in their cache files and uploaded to a player-run data collection service. Now, eve-central does their own trimming of the data that you see on the site, but I'm not sure if that includes deleting outliers or something else, or just the exclusion of nullsec regions.

Places like eve-central aren't obligated to make sure the numbers they display are make sense, or even that they are correct.

What they do, however, is provide an API with all the raw numbers (minus duplicates) they receive, in XML format, so you could just download them and do your own thing if you wanted. You could make graphs of just the sell order price, or adjust all the buy order prices in some way, or have just the Jita price, or whatever. There's also the EVE Market Data Relay if you want super-duper real-time access to all the market data that everyone is scraping, but I think you will have to do a fair amount more to sort through it all, as it's just going to vomit lots of orders at you continuously.

In practice, the price of a PLEX is what someone is willing to pay for it, and what someone is willing to sell for. No more, no less. So whether or not you feel like below-average buy orders are skewing the charts, that's still what those buyers are paying for their PLEX, and that's what the people selling to those buy order are willing to sell for.

Yes, you can.

Please, stop posting.

its funny to see carebears whine about plex prices, cose mostly its their fault. u farm more iskies>inflation>plex strike 700m

Then why did you say you can't?

I liked and respected your point of view in what you replied previously.
But for this one, you should recognize the difference between a "bidding" and placing a final and complete "buy order"!

Looking forward to take some Finance private courses with you.

The reason for the plex price increase is that there's more people buying plex with isk instead of dollars because they can afford to.