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708M.. cheapest PLEX in Jita.

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Dray Cil
Sapphire Dragon Industries
#201 - 2014-03-28 20:28:25 UTC
Malcanis wrote:
Just in case the implication of that isn't entirely clear, that means that people like me - not mega rich, just with some liquid ISK - buy PLEX not to use for subs but as a "reserve currency". Naturally this puts a lot of upward pressure on prices, because lots of players want a safe, easy way to protect the value of their wallets.

The US dollar has enjoyed a similar effect in the real world.


Thanks for giving everyone this idea and inflating the price even more. poopyhead.

o.O
Shizuken
Venerated Stars
#202 - 2014-03-28 20:30:38 UTC
Dray Cil wrote:
Malcanis wrote:
Just in case the implication of that isn't entirely clear, that means that people like me - not mega rich, just with some liquid ISK - buy PLEX not to use for subs but as a "reserve currency". Naturally this puts a lot of upward pressure on prices, because lots of players want a safe, easy way to protect the value of their wallets.

The US dollar has enjoyed a similar effect in the real world.


Thanks for giving everyone this idea and inflating the price even more. poopyhead.


Well if you were already doin this then you should be happy. Just sell when it gets to 750mil
Peter Raptor
Galactic Hawks
#203 - 2014-03-28 21:22:38 UTC
Plex can be used for ;

Multiple Character Training , Ship Painting, Game Time, transferring characters between accounts and resculpting your character’s physical appearance, Exchange for Aurum, Get tickets to events and live streams, Plex for Good etc etc etc


THEREFORE

Plex will Never decrease in value, it won't stop at 1 Bil, it'll go up endlessly, very slowly but surely.

There's just too many things Plex can be used for now....

Evelopedia; 

The Amarr Empire, is known for its omnipresent religion  †  
Sumerias
Republic Military School
Minmatar Republic
#204 - 2014-03-28 21:42:33 UTC  |  Edited by: Sumerias
Desimus Maximus wrote:
Dear CCP,

When PLEX hits 750m per, I'm done. You may as well just remove it from the game and make subscription the only model.

Nothing can be accomplished in-game on a casual schedule to PLEX anymore. Incursions, ratting, mining, missions. Feels like it is becoming a full-time job just to break even without really progressing.

If 750 happens I will skill out my remaining time and will not return until PLEX has returned to normalcy... reasonable levels.


I guess, if all nice consumer products such as nice cars, nice drinks, nice houses, nice techs, nice clothes, nice MMORPG's, etc. would be given away for totally free, well, I guess in that case we all soon would "end up feeding the ducks and the pigeons in the parks" Sad because of the lack of any interesting/entertaining/likable alternatives to enjoy in our spare times, since no producers would exist anymore enthousiastically investing their time & money in creating any of those nice consumer products we enjoy so much(!) "This is the way of the world, my son (phrase of Morgan Freeman, as I recall correctly)".Lol
hellokittyonline
Hellokitty's Online Adventure
#205 - 2014-03-28 22:34:01 UTC
Desimus Maximus wrote:
Dear CCP,

When PLEX hits 750m per, I'm done. You may as well just remove it from the game and make subscription the only model.

Nothing can be accomplished in-game on a casual schedule to PLEX anymore. Incursions, ratting, mining, missions. Feels like it is becoming a full-time job just to break even without really progressing.

If 750 happens I will skill out my remaining time and will not return until PLEX has returned to normalcy... reasonable levels.

The reason plex prices are so high is because casual PvE nets too much income. So it's a give and take, you either get to plex your account or you get an isk faucet.

I predict that if the rewards for incursions and missions were readjusted (by removing the raw isk rewards and increasing the loot and LP) there would be much less inflation and plex prices would be much lower.

The reason CCP will not make this change is because giving more LP would just make LP rewards worth less and the only other option would be to give more loot but that can be stolen (gotta keep bubblewrapping dem bears).
Malcanis
Vanishing Point.
The Initiative.
#206 - 2014-03-28 22:42:17 UTC
Dray Cil wrote:
Malcanis wrote:
Just in case the implication of that isn't entirely clear, that means that people like me - not mega rich, just with some liquid ISK - buy PLEX not to use for subs but as a "reserve currency". Naturally this puts a lot of upward pressure on prices, because lots of players want a safe, easy way to protect the value of their wallets.

The US dollar has enjoyed a similar effect in the real world.


Thanks for giving everyone this idea and inflating the price even more. poopyhead.


Well go buy some now and benefit from the inevitable bubble.

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

Grath Telkin, 11.10.2016
Seven Koskanaiken
Shadow Legions.
SONS of BANE
#207 - 2014-03-28 22:48:36 UTC
Don't worry at 450...500...600...650....700...750 supply will overcome demand and the price will go down.

Economics will definitely start to work at 750. Maybe.
Rising Valhalla
Doomheim
#208 - 2014-03-28 23:01:12 UTC
Desimus Maximus wrote:
Dear CCP,

When PLEX hits 750m per, I'm done. You may as well just remove it from the game and make subscription the only model.

Nothing can be accomplished in-game on a casual schedule to PLEX anymore. Incursions, ratting, mining, missions. Feels like it is becoming a full-time job just to break even without really progressing.

If 750 happens I will skill out my remaining time and will not return until PLEX has returned to normalcy... reasonable levels.


Dear CCP,

Can I have his stuff too. ......

Or

Dear CCP and Marketeer's,

Please let it rise to 7.5B isk so i can laugh my ass off when this whiner keeps playing.
DaReaper
Net 7
Cannon.Fodder
#209 - 2014-03-28 23:02:58 UTC
Peter Raptor wrote:
Plex can be used for ;

Multiple Character Training , Ship Painting, Game Time, transferring characters between accounts and resculpting your character’s physical appearance, Exchange for Aurum, Get tickets to events and live streams, Plex for Good etc etc etc


THEREFORE

Plex will Never decrease in value, it won't stop at 1 Bil, it'll go up endlessly, very slowly but surely.

There's just too many things Plex can be used for now....



Not true. Eventually it will hit a point where people will not wan tto pay, as they would rather fork out real money, or just not need the service. What point will this be? who knows, but eventually people will be like "hell no I ain't paying 10b to train an alt' When that happens prices will stagnate then fall. That's how commodities work. Untill then the plex bubble (for that is what it is a bubble) will grow. But it will eventually pop and crash.

OMG Comet Mining idea!!! Comet Mining!

Eve For life.
Nicolai Serkanner
Incredible.
Brave Collective
#210 - 2014-03-28 23:08:32 UTC
Tajic Kaundur wrote:
Just going to point this out:

At 1 billion per PLEX, you're looking at 33 million a day to play EVE.

I can make around 500K ISK per hour manufacturing a single tech 1 module. I have 10 lines running things with similar or greater rates of return. No, seriously, Isk Per Hour is showing me an average return of 670K per line.

That's 6.7M an hour.

That's 160.8M a day.

That's significantly more than 33M a day. I only need to run 3 lines to make more than 33 million ISK a day.

If you can't take the effort to make a single freighter run- not even far, just two or three jumps- and make 5 billion ISK a month- I'm not entirely sure if you deserve the luxury of playing off your ISK in the first place.

Making 33 million a day is not hard. PLEX aren't even 1 billion ISK yet. At 750M you only need 25M per day. That's nothing. That's a single tick of ratting in null, which requires less setup money than a freighter run.

You can literally buy your PLEX for 20-30 minutes a day.

If that's not casual play, 20-30 minutes a day at most, I have no idea what is. You don't even need to do it daily, spend three hours on the weekend or something, whatever. ISK is not hard to get.


Why have you kept all this to yourself and didn't share it with you fellow Brave Newbies?
Bagrat Skalski
Koinuun Kotei
#211 - 2014-03-28 23:09:10 UTC
I think the price will stabilize at 1B at the end of the year.

Custom ship skins, character creator style "repaint". Bring it!
Tara Akiga
Doomheim
#212 - 2014-03-28 23:12:42 UTC
So what?..I make 300m isk/h...I don't care.
Mara Rinn
Cosmic Goo Convertor
#213 - 2014-03-28 23:15:07 UTC  |  Edited by: Mara Rinn
hellokittyonline wrote:
The reason plex prices are so high is because casual PvE nets too much income. So it's a give and take, you either get to plex your account or you get an isk faucet.


I make far more ISK from flipping PLEX on the market than from casual PvE. Thus I would suggest that the reason PLEX prices are so high is because they can be bought and sold on the market, and furthermore they can be hauled between markets.

Gotta have money to make money. The corollary is that the people with more money make more money. Thus the people who already have 36 PLEX on the market are doing more to raise the price of PLEX than the people scraping together 700M ISK a month to play the game for "free".

If you're not keen on the idea of setting yourself the goal of raising that ISK each month, you have two options: one is to pay your account subscription using real money, the other is to buy a boat load of PLEX and join the trading club. Well, there's always "quit the game" but that doesn't help anyone.

Sure, there are players from Romania and minimum-wage-USA who can't afford to pay for the game: they just have to get smarter about money. Flipping a dozen PLEX on a daily basis you'd only need to increase your net worth by 1% every other day in order to pay for one PLEX a month.

Day 0 Advice for New Players
Domanique Altares
Rifterlings
#214 - 2014-03-28 23:22:08 UTC  |  Edited by: Domanique Altares
Mara Rinn wrote:

I make far more ISK from flipping PLEX on the market than from casual PvE.


Who do you think is buying the PLEX you flip?

Edit: That's not a snipe on you. Some people have the brains and patience to work out an investment plan within EVE, and can make mad isk from it.

Most do not, and those are the people who spend their game time grinding enough isk to buy your PLEX. The fact that they are generally so lazy that they can't be bothered to change their market venue for the lowest price speaks volumes. Their laziness is what allows you to move PLEX about and make any profit at all.
Domanique Altares
Rifterlings
#215 - 2014-03-28 23:30:00 UTC
Peter Raptor wrote:
it'll go up endlessly, very slowly but surely.


Incorrect.

It will stall somewhere around the maximum theoretical monthly isk income of the typical missioning player that uses PLEX to keep their account going. It hasn't hit this yet, so it hasn't equalized.
Mara Rinn
Cosmic Goo Convertor
#216 - 2014-03-28 23:35:46 UTC
Seven Koskanaiken wrote:
Don't worry at 450...500...600...650....700...750 supply will overcome demand and the price will go down.

Economics will definitely start to work at 750. Maybe.


When the value of a PLEX goes up, the number you need to sell to meet your monthly 2B PvP budget goes down. As PLEX value goes up, I expect to see the number of PLEX sold per original purchaser go down.

Day 0 Advice for New Players
Mara Rinn
Cosmic Goo Convertor
#217 - 2014-03-28 23:36:46 UTC  |  Edited by: Mara Rinn
Domanique Altares wrote:
Peter Raptor wrote:
it'll go up endlessly, very slowly but surely.


Incorrect.

It will stall somewhere around the maximum theoretical monthly isk income of the typical missioning player that uses PLEX to keep their account going. It hasn't hit this yet, so it hasn't equalized.


I disagree. IMHO the market value of PLEX will keep spiralling upwards due to speculators.

The play-to-pay folks will start quitting, paying a 12 month subscription and filling in months with PLEX where they can, or get smarter about making ISK.

Day 0 Advice for New Players
Rainbow Dash
The Scope
Gallente Federation
#218 - 2014-03-29 00:53:54 UTC
Seven Koskanaiken wrote:
Don't worry at 450...500...600...650....700...750 supply will overcome demand and the price will go down.

Economics will definitely start to work at 750. Maybe.


You clearly don't understand economics
Mr Epeen
It's All About Me
#219 - 2014-03-29 02:37:39 UTC
I'm seriously considering logging in to the game for a change and seeing if I can somehow work this to my advantage.

Mr Epeen Cool
Desimus Maximus
Deep Core Mining Inc.
Caldari State
#220 - 2014-03-29 06:48:54 UTC  |  Edited by: Desimus Maximus
PenguinJim wrote:
The fact is as said CCP have NO influence on Plex prices.. Its completely player controlled.


As if CCP doesn't seed markets with items.. or have a full-time staff member whose job is to manipulate the markets... CCP fucks with the market all the time. To sit and believe that it is all player driven is ridiculous. You think Somer actually has a supply line of ships? Ships that take anywhere from 4 days to 2 weeks to build, EACH.. and they are flowing out like water. CCP would NEVER interfere with the market. They wouldn't give one-offs to their ISK-sucking entity with the caveat of "please, don't tell anyone, ;). Thx for removing billions of ISK from the market by the hour."