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What happened with the PLEX prices? They are over 740 mil

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Gustav Mannfred
Summer of Mumuit
Remember Mumuit
#1 - 2014-04-12 12:03:08 UTC
As the title says, the PLEX prices raised in the past few weeks by more then 100 milShocked

Im wondering why that happened and the plexprices contimues raising.

i'm REALY miss the old stuff. 

https://forums.eveonline.com/default.aspx?g=posts&find=unread&t=24183
Hevymetal
POT Corp
#2 - 2014-04-12 12:05:34 UTC
demand > supply, therefore prices go up, basic economics.
Doireen Kaundur
Doomheim
#3 - 2014-04-12 12:23:21 UTC
inflation?

_[center]For your Freighter **sized shipping needs, contact _[u]Lord Chanlin[/u].** _ Fast, affordable, reliable service._

https://gate.eveonline.com/Profile/Lord%20Chanlin[/center]
Malcolm Shinhwa
The Scope
Gallente Federation
#4 - 2014-04-12 12:28:00 UTC
I think I know.

[i]"The purpose of fighting is to win. There is no possible victory in defense. The sword is more important than the shield and skill is more important than either. The final weapon is the brain. All else is supplemental[/i]."
Kaarous Aldurald
Black Hydra Consortium.
#5 - 2014-04-12 12:29:52 UTC
Jimblidge caused a price hike by himself.

"Verily, I have often laughed at the weaklings who thought themselves good because they had no claws."

One of ours, ten of theirs.

Best Meltdown Ever.
Doireen Kaundur
Doomheim
#6 - 2014-04-12 12:31:08 UTC
Dear CCP,

Due to the rising prices of Plex, would you please consider an NPC tax cut? The New Eden middle class is struggling.

Sincerely,

A fellow constituent

_[center]For your Freighter **sized shipping needs, contact _[u]Lord Chanlin[/u].** _ Fast, affordable, reliable service._

https://gate.eveonline.com/Profile/Lord%20Chanlin[/center]
Prince Kobol
#7 - 2014-04-12 12:32:59 UTC
First for the traditional "Grrrr Goons"
Solecist Project
#8 - 2014-04-12 12:46:20 UTC
I'm so glad I didn't sell that donated PLEX yet! \o/

That ringing in your ears you're experiencing right now is the last gasping breathe of a dying inner ear as it got thoroughly PULVERISED by the point roaring over your head at supersonic speeds. - Tippia
Yang Aurilen
State War Academy
Caldari State
#9 - 2014-04-12 12:48:53 UTC
PL hotdropped plex suppliers enroute to Jita. No freighters survived the carrier blobs around Jita.

Post with your NPC alt main and not your main main alt!
Seven Koskanaiken
Shadow Legions.
SONS of BANE
#10 - 2014-04-12 12:51:58 UTC
It's just finance.
Tarpedo
Incursionista
#11 - 2014-04-12 13:09:45 UTC
Lot of new players (from the wave after recent big battle) started to buy PLEXes to subscribe.
RAIN Arthie
The Scope
Gallente Federation
#12 - 2014-04-12 14:38:03 UTC
Don't ask questions, just sell.
Antihrist Pripravnik
Cultural Enrichment and Synergy of Diversity
Stain Neurodiverse Democracy
#13 - 2014-04-12 14:46:10 UTC
I hate being right....
Anyway, look at my forum signature... there's the answer.
Tippia
Sunshine and Lollipops
#14 - 2014-04-12 14:57:14 UTC
Fanfest stream and the weekly skin release were recently announced.
Mixu Paatelainen
Eve Refinery
#15 - 2014-04-12 15:05:10 UTC
I'm very experienced in these things so I can tell you without doubt that what happened to PLEX prices was they increased.
Sir SmashAlot
The League of Extraordinary Opportunists
Intergalactic Conservation Movement
#16 - 2014-04-12 15:08:16 UTC  |  Edited by: Sir SmashAlot
The rising prices suggests that a large number of players are happy to play for free at these prices.

Most players value their game time at a significant discount to their RL income. Those that are on fixed incomes will continue to be hurt. Until the point that un-subbing alts or paying a subscription becomes the more viable option plex will continue to rise.

High plex prices also puts a squeeze on botting and RMT actions. So CCP has an incentive to let plex price rise (in a controlled manner to prevent speculation, however it has been very easy to swing trade the plex market for the last few months) as they will be able to capture a greater market share.

If plex prices are expensive to you, obviously they are not to others so adapt, pony up cash, or un-sub your alts.
Antihrist Pripravnik
Cultural Enrichment and Synergy of Diversity
Stain Neurodiverse Democracy
#17 - 2014-04-12 15:23:50 UTC  |  Edited by: Antihrist Pripravnik
Sir SmashAlot wrote:
The rising prices suggests that a large number of players are happy to play for free at these prices.

Most players value their game time at a significant discount to their RL income. Those that are on fixed incomes will continue to be hurt. Until the point that un-subbing alts or paying a subscription becomes the more viable option plex will continue to rise.

High plex prices also puts a squeeze on botting and RMT actions. So CCP has an incentive to let plex price rise (in a controlled manner to prevent speculation, however it has been very easy to swing trade the plex market for the last few months) as they will be able to capture a greater market share.

If plex prices are expensive to you, obviously they are not to others so adapt, pony up cash, or un-sub your alts.

I agree completely with everything you say. But what you are saying is valid if and only if external factors are not influencing the PLEX prices (like paying for FF stream/FF ticket, or releasing a bunch of skins).

Each time new NeX items are introduced or even announced, fanfest tickets are sold for PLEX, premium stream is sold for PLEX or PLEX is being used outside the game we will have price spikes that don't follow how much players are capable of earning or the general trend of inflation in the game.

edit: By the way this does not look like a controlled manner to me.Smile
Good Posting
Doomheim
#18 - 2014-04-12 16:01:52 UTC
Today is the fan fest stream and tomorrow will be the summer patchexpansion. I don't like the current plex price either but what can i do, i prefer throwing isk for game time to rl money. I have no complaints because i understand that buying plex with isk is a privilege and not a right.
Beekeeper Bob
Beekeepers Anonymous
#19 - 2014-04-12 16:40:44 UTC
Gustav Mannfred wrote:
As the title says, the PLEX prices raised in the past few weeks by more then 100 milShocked

Im wondering why that happened and the plexprices contimues raising.



CCP has finally realized that the upsidedown pyramid is not a good business model. Having a smaller number of players buying plex to allow the rest to play for free has to be the worst idea ever.

Signature removed - CCP Eterne
Plug in Baby
The Scope
Gallente Federation
#20 - 2014-04-12 16:48:19 UTC
Speculation.

This is not a forum alt, this is a forum main.
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