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

First post First post
Author
Capsuler Rhea
Imperial Academy
Amarr Empire
#141 - 2014-04-27 10:21:03 UTC
Hevymetal wrote:
demand > supply, therefore prices go up, basic economics.



nahhh, i see manipulation at hand here.... the higher the price of PLEX, the farther in between sellers will be since they get more isk now, that will be bad for CCP. Hopefully, CCP will look at this and take measures, if not, this will only hurt their bottomline, unless of course there is no manipulation and PLEXs are not bought by resellers.. Big smile
Ramona McCandless
Silent Vale
LinkNet
#142 - 2014-04-27 10:25:49 UTC
Capsuler Rhea wrote:
[unless of course there is no manipulation and PLEXs are not bought by resellers.. Big smile


These things are not related

"Yea, some dude came in and was normal for first couple months, so I gave him director." - Sean Dunaway

"A singular character could be hired to penetrate another corps space... using gorilla like tactics..." - Chane Morgann

Hasikan Miallok
Republic University
Minmatar Republic
#143 - 2014-04-27 11:08:54 UTC
lol ... necro thread

Bumping 3 week old threads about PLEX is not a sign there is still a problem nor does it fool anyone.

In fact current PLEX prices are 20 mill lower than 3 weeks ago when this thread was first posted.
Capsuler Rhea
Imperial Academy
Amarr Empire
#144 - 2014-04-27 11:10:24 UTC
Ramona McCandless wrote:
Capsuler Rhea wrote:
[unless of course there is no manipulation and PLEXs are not bought by resellers.. Big smile


These things are not related


They are, when resellers buy all freshly minted PLEXs and resell them, they will dictate pricing, which is by definition, price manipulation.
Divine Entervention
Doomheim
#145 - 2014-04-27 11:13:33 UTC
One possibility is that CCP raised the price because they want more people to be enticed into buying it.
Bagrat Skalski
Koinuun Kotei
#146 - 2014-04-27 11:30:03 UTC
Hasikan Miallok wrote:
lol ... necro thread

Bumping 3 week old threads about PLEX is not a sign there is still a problem nor does it fool anyone.

In fact current PLEX prices are 20 mill lower than 3 weeks ago when this thread was first posted.



Just you wait.
Malcanis
Vanishing Point.
The Initiative.
#147 - 2014-04-27 12:27:08 UTC
Divine Entervention wrote:
One possibility is that CCP raised the price because they want more people to be enticed into buying it.


Another, much larger possibility is that more players want to buy PLEX for ISK than want to pay CCP real money.

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

Grath Telkin, 11.10.2016

Tippia
Sunshine and Lollipops
#148 - 2014-04-27 13:14:10 UTC
Divine Entervention wrote:
One possibility is
To bad that being possible is completely meaningless. If you want to just list such meaningless inputs, let's start doing so in earnest.

• It is possible that the prices are going up because the FSB is silently killing off all PLEX sellers.
• It is possible that the prices are going up because the database transaction query is accidentally salami-slicing all orders.
• It is possible that the prices are not going up, but only seem to be doing so.
• It is possible that the prices are going up in spite of CCP lowering the prices because they want to make more money.
• It is possible that the prices are going up because of hidden price-increase mechanics built into the market.
• It is possible that the prices are going up because CCP Dr.EyjoG is running an experiment.
• It is possible that the prices are going up because I want them to.
• It is possible that the prices are going up because of falcon.


…just off the top of my head. Please add more as you come up with them.
Divine Entervention
Doomheim
#149 - 2014-04-27 13:20:05 UTC
Tippia wrote:
Divine Entervention wrote:
One possibility is
To bad that being possible is completely meaningless. If you want to just list such meaningless inputs, let's start doing so in earnest.

• It is possible that the prices are going up because the FSB is silently killing off all PLEX sellers.
• It is possible that the prices are going up because the database transaction query is accidentally salami-slicing all orders.
• It is possible that the prices are not going up, but only seem to be doing so.
• It is possible that the prices are going up in spite of CCP lowering the prices because they want to make more money.
• It is possible that the prices are going up because of hidden price-increase mechanics built into the market.
• It is possible that the prices are going up because CCP Dr.EyjoG is running an experiment.
• It is possible that the prices are going up because I want them to.
• It is possible that the prices are going up because of falcon.


…just off the top of my head. Please add more as you come up with them.


*It is possible that the prices are going up because of outside influences
Barbara Nichole
Royal Amarr Institute
Amarr Empire
#150 - 2014-04-27 16:45:52 UTC
Divine Entervention wrote:
[quote=Tippia]
*It is possible that the prices are going up because of outside influences

This is always possible. When you consider that world and local economies are going to influence the number of PLEX sold outside the game and that in turn limits the number of PLEX for sale in the game...you can blame supply if you know it is shrinking.

  - remove the cloaked from local; free intel is the real problem, not  "afk" cloaking -

[IMG]http://i12.photobucket.com/albums/a208/DawnFrostbringer/consultsig.jpg[/IMG]

Nalelmir Ahashion
Industrial Management and Engineering
Mouth Trumpet Cavalry
#151 - 2014-04-27 17:39:26 UTC
Plex is evil.

It's worst then skill training times... it is one of the biggest factors to slow down players and I think any one which post that new players can pay their sub with plex should be molested by goat.
Doc Fury
Furious Enterprises
#152 - 2014-04-27 17:46:41 UTC
Tippia wrote:
Divine Entervention wrote:
One possibility is
To bad that being possible is completely meaningless. If you want to just list such meaningless inputs, let's start doing so in earnest.

• It is possible that the prices are going up because the FSB is silently killing off all PLEX sellers.
• It is possible that the prices are going up because the database transaction query is accidentally salami-slicing all orders.
• It is possible that the prices are not going up, but only seem to be doing so.
• It is possible that the prices are going up in spite of CCP lowering the prices because they want to make more money.
• It is possible that the prices are going up because of hidden price-increase mechanics built into the market.
• It is possible that the prices are going up because CCP Dr.EyjoG is running an experiment.
• It is possible that the prices are going up because I want them to.
• It is possible that the prices are going up because of falcon.


…just off the top of my head. Please add more as you come up with them.



If you choke a Smurf, what color does it turn?

There's a million angry citizens looking down their tubes..at me.

Ramona McCandless
Silent Vale
LinkNet
#153 - 2014-04-27 17:47:37 UTC
Doc Fury wrote:



If you choke a Smurf, what color does it turn?



Purple

When it stops moving and making noise, it turns a blue-gray

"Yea, some dude came in and was normal for first couple months, so I gave him director." - Sean Dunaway

"A singular character could be hired to penetrate another corps space... using gorilla like tactics..." - Chane Morgann

Bizzaro Stormy MurphDog
B.L.U.E L.A.S.E.R.
#154 - 2014-04-27 18:39:34 UTC
Divine Entervention wrote:
One possibility is that CCP raised the price because they want more people to be enticed into buying it.


Man, you are a toxic poster; you keep getting thrashed, but it never seems to stop.

That is, for the record, just my opinion.

Instead of nonsense, lets dig even deeper into this stunning "possibility." How did CCP raise the price of PLEX? Are they modifying market orders and deleting any paper trail of those changes?

I am not an alt of Chribba.

Brewlar Kuvakei
Adeptio Gloriae
#155 - 2014-04-27 18:48:02 UTC  |  Edited by: Brewlar Kuvakei
Solecist Project wrote:
I'm so glad I didn't sell that donated PLEX yet! \o/


Every time CCP do something dumb I rage quit and convert all my asset to PLEX knowing their dumb ass change will drive prices up. When I get over my but hurt several months later I come back to the game a much richer player :)

Buff botting & ISO boxer with mining buff beyond battleship level. Rage quit = profit

Make ward decs pointless, rage quit = profit

Kill ninja looting ganking and pretty much all other emergent gameplay= big profit lost a few 1000 players that day.
Quaggan Stomp
Aliastra
Gallente Federation
#156 - 2014-04-28 08:33:23 UTC
Praise the Yeti wrote:
CCP are to blame for the plex price increases.

Since incursions were released they have kept going up in price.

Incursions give the casual and / or lower sp player the ability to make isk to consider plex instead of a paying sub at no real risk where as before they probably would have played and payed subscription.

When plex prices increase as they have done, incursion runners give or take even for the casual ones just whimsy off a few extra hours a month to compensate.

Longer term this will hurt the wider eve, but if ccp want to appease the greedy incursion farmers in the short term absent mind of the wider picture, then so be it.



You are either a troll or ignorant or both.

I have started this game on Feb 2nd 2014. My main has just over 3.5 mil SP. Never even got close to an incursion, in fact, when I was passing through systems with incursions in them, I just GTFOed ASAP due to debuffs and rats at gates.

yet, on my 3rd month, I am plexing my alt. I get enough cash in low sec / null sec simply ratting and hiding from PvP within SOV owned systems to do so within 3-4 game sessions. So farely casual. Currently I cant even pilot a tech 2 ship yet (hence cant do incursions, WHs or any of those things yet. I do so in tech 1 ships, mostly fit in meta 4 stuff.

Incursions isnt where the ISK comes from. Null / Low sec is where its at, especially if you're a part of one of the big blobs, which makes it 100 times safer for you to rat and run escalations then it is to run L4 missions in high sec due to amount of piracy / ganking.

Its what I do for my ISK for my plex, again, on my 3rd month of gameplay, on tech 1 ships, in null / low.

I am looking forward to when I can start flying larger cloakies and T3s, because I'll be able to earn 1 plex per 1-2 hours of my game time. Literally. Killing same stuff in same or alike places, just much faster and even safer. More cloaks less time necessary to d-scan, scout, etc.

So don't blame high sec incursions or people that live in high sec, since low/null is where too much ISK comes from, and I haven't even touched on the wide range of passive income etc. on top of that.

If I can plex an alt on my 3rd month of gameplay in null/low cause its safer then high sec, and you can't and you're a vet, then you need to get your head examined, or better yet uninstall and go back to playing pandas.
Orange Faeces
Farbissina Industrial and Procurement
#157 - 2014-05-01 20:46:45 UTC
CCP EyjoG confirmed at FanFest during his talk today that his team did intervene in the PLEX market, creating liquidity, to try to prevent further price increases. Good to know that someone at CCP is data driven, unlike the ship and module balancing team.


O. Faeces
Hasikan Miallok
Republic University
Minmatar Republic
#158 - 2014-05-02 05:58:34 UTC
Orange Faeces wrote:
CCP EyjoG confirmed at FanFest during his talk today that his team did intervene in the PLEX market, creating liquidity, to try to prevent further price increases. Good to know that someone at CCP is data driven, unlike the ship and module balancing team.


O. Faeces



Not sure if it does much good. At Jita earlier today some batches of 30 or so PLEX appeared at 20 or 30 mill below market buy.

Within 2 minutes someone had bought up all 30 and re-listed at market price.

La Nariz
Aliastra
Gallente Federation
#159 - 2014-05-02 06:42:57 UTC
Orange Faeces wrote:
CCP EyjoG confirmed at FanFest during his talk today that his team did intervene in the PLEX market, creating liquidity, to try to prevent further price increases. Good to know that someone at CCP is data driven, unlike the ship and module balancing team.


O. Faeces


You mean unlike the team that left highsec in this horrid state. The module and ship guys are doing pretty well.

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Josef Djugashvilis
#160 - 2014-05-02 07:46:05 UTC  |  Edited by: Josef Djugashvilis
Dear La Nariz, I am concerned that you seem to be obsessed with what you see as the problems of hi-sec so, in the best traditions of Eve fraternalism, may I suggest that you join a null-sec corp, spend your play time in null-sec and stop spamming the forums with your ceaseless whinging.

Kind regards, J D

PS I hear the goons will take pretty much anyone, could be the corp for you.

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