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The real reason PLEX is so expensive

First post First post
Author
Dave Stark
#221 - 2014-04-22 15:44:55 UTC
Salvos Rhoska wrote:
Dave Stark wrote:
Salvos Rhoska wrote:
Dave Stark wrote:
source that isk inflation is actually a thing?

Source that it isn't.


you put the argument forward, the burden of proof is upon you.

however if you'd like to admit you're full of ****, we'll gladly sit here and be smug about it.


Inflation of ISK in EVE is no different than any other economic fiscal system.
It depends primarily, and centrally, on how much currency there is in circulation.
The value of ISK in EVE is determined completely by how many players, and how actively, they are generating ISK from faucets, vs destroying it in sinks. Whatever the actual f% resulting from that, usually considered from the price of a breadbasket of various commodities, this sytem is always in effect, and there is always inflation or deflation occuring.

That is proof of its existance. Now where is your proof of the non-existance of inflation in EVE?


no, that's not proof of it's existence, that's you babbling on for a paragraph.

now then; source to your claim or get back in your cave, troll.
Lucas Kell
Solitude Trading
S.N.O.T.
#222 - 2014-04-22 15:47:10 UTC
Salvos Rhoska wrote:
Dave Stark wrote:
Salvos Rhoska wrote:
Dave Stark wrote:
source that isk inflation is actually a thing?

Source that it isn't.


you put the argument forward, the burden of proof is upon you.

however if you'd like to admit you're full of ****, we'll gladly sit here and be smug about it.


Inflation of ISK in EVE is no different than any other economic fiscal system.
It depends primarily, and centrally, on how much currency there is in circulation.
The value of ISK in EVE is determined completely by how many players, and how actively, they are generating ISK from faucets, vs destroying it in sinks. Whatever the actual f% resulting from that, usually considered from the price of a breadbasket of various commodities, this sytem is always in effect, and there is always inflation or deflation occuring.

That is proof of its existance. Now where is your proof of the non-existance of inflation in EVE?
So what calculation did you use to work out your 17%. it's a simple question. You have a 17%, which you must have taken some raw data, calculated a raw increase in value, then deducted your isk inflation from it and work out what you think is the result. So explain where you got your figure from and I'll gladly provide you ours using the same methodology. It should be relatively straightforward, since your methodology was just going "errr 17% I spose", so pretty much all I have to do is pick a higher number and go "yep, that's what it was".

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.

Salvos Rhoska
#223 - 2014-04-22 15:51:01 UTC  |  Edited by: Salvos Rhoska
Dave Stark wrote:
Salvos Rhoska wrote:


Inflation of ISK in EVE is no different than any other economic fiscal system.
It depends primarily, and centrally, on how much currency there is in circulation.
The value of ISK in EVE is determined completely by how many players, and how actively, they are generating ISK from faucets, vs destroying it in sinks. Whatever the actual f% resulting from that, usually considered from the price of a breadbasket of various commodities, this sytem is always in effect, and there is always inflation or deflation occuring.

That is proof of its existance. Now where is your proof of the non-existance of inflation in EVE?


no, that's not proof of it's existence, that's you babbling on for a paragraph.

now then; source to your claim or get back in your cave, troll.


So you claim there is no ISK inflation in EVE?

Lucas Kell wrote:
It should be relatively straightforward, since your methodology was just going "errr 17% I spose", so pretty much all I have to do is pick a higher number and go "yep, that's what it was".


What is your figure for the price of PLEX in December 2013?
Kaidu Kahn
POT Corp
#224 - 2014-04-22 15:51:25 UTC
PLEX prices will continue to rise as long as people are willing to pay the prices. Why should I sell it to you for 400 mil ISK if another player is willing to give me 700 mil ISK? It's a player driven econmy. If they choose to dive it off a cliff, then we are all along for the ride.
Dave Stark
#225 - 2014-04-22 15:53:39 UTC
Salvos Rhoska wrote:
So you claim there is no ISK inflation in EVE?


no, i'm claiming you have no evidence to say that there is isk inflation in eve.

i support that claim with the fact that you've provided exactly 0 evidence to support the claim that there is, indeed, isk inflation in eve.
Benny Ohu
Royal Amarr Institute
Amarr Empire
#226 - 2014-04-22 15:53:53 UTC  |  Edited by: Benny Ohu
Lucas Kell wrote:
Quote:
That is proof of its existance. Now where is your proof of the non-existance of inflation in EVE?
So what calculation did you use to work out your 17%. it's a simple question. You have a 17%, which you must have taken some raw data, calculated a raw increase in value, then deducted your isk inflation from it and work out what you think is the result. So explain where you got your figure from and I'll gladly provide you ours using the same methodology. It should be relatively straightforward, since your methodology was just going "errr 17% I spose", so pretty much all I have to do is pick a higher number and go "yep, that's what it was".

i think he meant that plex price rose by 17% over four months. looking at hek market data, it did, going by the average traded price on december 22 and today

ofc this single data point supports nothing else salvos has claimed
Dave Stark
#227 - 2014-04-22 15:54:26 UTC  |  Edited by: Dave Stark
Salvos Rhoska wrote:
What is your figure for the price of ISK in December 2013?


i'm going to go out on a limb.

1 isk in december 2013, was worth exactly 1 isk.

edit: it's less fun when you edit your posts, salvos.
Salvos Rhoska
#228 - 2014-04-22 15:55:44 UTC  |  Edited by: Salvos Rhoska
Dave Stark wrote:
Salvos Rhoska wrote:
So you claim there is no ISK inflation in EVE?


no, i'm claiming you have no evidence to say that there is isk inflation in eve.

i support that claim with the fact that you've provided exactly 0 evidence to support the claim that there is, indeed, isk inflation in eve.


I did provide evidence. Inflation is a result 8of the quotient of ISK brought into the game through faucets, and the amount destroyed in sinks. Inflation therefore exists in EVE.

Whether you agree with it or not, is not relevant to that fact.

Nor is it relevant to the question that I know ask YOU.
Are you claiming there is no ISK inflation in EVE?
Lucas Kell
Solitude Trading
S.N.O.T.
#229 - 2014-04-22 15:55:47 UTC
Salvos Rhoska wrote:
Lucas Kell wrote:
Edit: bear in mind that you must be expecting us to deduct at least 4% from those figures to bring it down to your 17%, meaning your raw increase is ~21%, which the data simply doesn't support.
Wth hell are you on about? Why do I even bother with you? Are you considered the slow one in your small circle of aquaintances?
Erm... no.

Right, think about it. You've stated 17%. The post I linked to states 20.8%. You smugly start gibbering on about your isk inflation, which means that you must think, that after deducting whatever arbitrary % you think isk inflation is at, the 20.8% must be below 17%, thus the figure you are using must be >= 3.8%. Turning that around, it would mean that your pre-deduction figure of the plex increase must be >= 20.8%.

I can see where you are getting confused, what with the figure you used being pulled out of your ass, hence your inability to provide even a shred of evidence as to how you reached that figure. I mean this in the politest way possible, and with no intent to personally attack, but you are not a very bright individual. You won't get very far by just making stuff up and hoping it sticks. This is pretty much a repeat of the reprocessing changes thing where you threw figures about in there with absolutely no meaning to them then demanded other people provide evidence while you provided none.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.

Dave Stark
#230 - 2014-04-22 15:57:57 UTC
Salvos Rhoska wrote:
Dave Stark wrote:
Salvos Rhoska wrote:
So you claim there is no ISK inflation in EVE?


no, i'm claiming you have no evidence to say that there is isk inflation in eve.

i support that claim with the fact that you've provided exactly 0 evidence to support the claim that there is, indeed, isk inflation in eve.


I did provide a claim.
Whether you agree with it or not, is not relevamt to that fact.

Nor is it relevant to the question that I know ask YOU.
Are you claiming there is no ISK inflation in EVE?


ladies and gentlement, yet another post with no evidence of isk inflation.

i urge the court to hold the witness in contempt, for being obstructive and refusing to answer the questions put to him.
Salvos Rhoska
#231 - 2014-04-22 15:58:07 UTC  |  Edited by: Salvos Rhoska
Dave Stark wrote:
Salvos Rhoska wrote:
What is your figure for the price of ISK in December 2013?


i'm going to go out on a limb.

1 isk in december 2013, was worth exactly 1 isk.

edit: it's less fun when you edit your posts, salvos.


Was a typo. Gimme a break, bro.

Edited to add: I did provide proof of the existance of inflation in EVE, as a quotient of ISK brought into the game from faucets, and ISKdestroyed in sinks. Hence, inflation exists.
Dave Stark
#232 - 2014-04-22 15:59:00 UTC
Salvos Rhoska wrote:
Dave Stark wrote:
Salvos Rhoska wrote:
What is your figure for the price of ISK in December 2013?


i'm going to go out on a limb.

1 isk in december 2013, was worth exactly 1 isk.

edit: it's less fun when you edit your posts, salvos.


Was a typo. Gimme a break, bro.


never, m8.
Divine Entervention
Doomheim
#233 - 2014-04-22 16:01:07 UTC
So it has been decided that CCP is indeed manipulating it's PLEX isk price for the sake of increasing their revenue?

If so, are pitchforks sold on the market? Not for me course, but for people who would want to buy them, if there are any.
Owen Levanth
Sagittarius Unlimited Exploration
#234 - 2014-04-22 16:01:34 UTC
How is this shitshow of a thread still going on after 12 pages? The OP's crazy pet theory was good for a few laughs, but the laughing has grown stale by now.
Lucas Kell
Solitude Trading
S.N.O.T.
#235 - 2014-04-22 16:02:01 UTC  |  Edited by: Lucas Kell
Benny Ohu wrote:
Lucas Kell wrote:
Quote:
That is proof of its existance. Now where is your proof of the non-existance of inflation in EVE?
So what calculation did you use to work out your 17%. it's a simple question. You have a 17%, which you must have taken some raw data, calculated a raw increase in value, then deducted your isk inflation from it and work out what you think is the result. So explain where you got your figure from and I'll gladly provide you ours using the same methodology. It should be relatively straightforward, since your methodology was just going "errr 17% I spose", so pretty much all I have to do is pick a higher number and go "yep, that's what it was".

i think he meant that plex price rose by 17% over four months. looking at hek market data, it did, going by the average traded price on december 22 and today

ofc this single data point supports nothing else salvos has claimed
Oh absolutely, 17% is close to the raw figure shown across eve-market data for the 4 months, so it's likely that is the figure from a difference data source or with a slightly different range. But he then questioned the 2 other 4 month period figures of 19% and 20.8%, questioning if isk inflation had been taken into account. Basically he's trying to find ways to invalidate the data, but whatever he does to invalidate it will invalidate his own figures, since isk inflation in the way he sees it would be irrelevant unless we were comparing the raw values of the two ranges to each other.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.

Dave Stark
#236 - 2014-04-22 16:07:43 UTC
so basically the tl;dr of the current point is that 17% increase in plex prices over a 4 month period isn't unusual, unprecedented, or anything to really worry about.
Lucas Kell
Solitude Trading
S.N.O.T.
#237 - 2014-04-22 16:08:23 UTC
Pretty much.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.

Mag's
Azn Empire
#238 - 2014-04-22 16:09:32 UTC
Dave Stark wrote:
so basically the tl;dr of the current point is that 17% increase in plex prices over a 4 month period isn't unusual, unprecedented, or anything to really worry about.
So, nothing's changed basically.

Destination SkillQueue:- It's like assuming the Lions will ignore you in the Savannah, if you're small, fat and look helpless.

Dave Stark
#239 - 2014-04-22 16:10:53 UTC
Mag's wrote:
Dave Stark wrote:
so basically the tl;dr of the current point is that 17% increase in plex prices over a 4 month period isn't unusual, unprecedented, or anything to really worry about.
So, nothing's changed basically.


except the price of plex, i hear that's up 17%.
Mag's
Azn Empire
#240 - 2014-04-22 16:12:29 UTC
Dave Stark wrote:
Mag's wrote:
Dave Stark wrote:
so basically the tl;dr of the current point is that 17% increase in plex prices over a 4 month period isn't unusual, unprecedented, or anything to really worry about.
So, nothing's changed basically.


except the price of plex, i hear that's up 17%.
But didn't it rise more than that, in previous years?

Destination SkillQueue:- It's like assuming the Lions will ignore you in the Savannah, if you're small, fat and look helpless.