These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
 

Kronos expansion: PLEX, Nightmare.... ?

First post
Author
Previous Topic Next Topic
March rabbit
Aliastra
Gallente Federation
#1 - 2014-06-15 11:57:45 UTC
New expansion usually makes PLEX rise. But Kronos made it fall from 740 to 720.... Reasons?

And Nightmare tried to rise (seen him selling for 990M) but now it felt back to 900.... Reasons?

The Mittani: "the inappropriate drunked joke"
Obunagawe
#2 - 2014-06-15 12:03:00 UTC
March rabbit wrote:
New expansion usually makes PLEX rise.


No.
Loraine Gess
Confedeferate Union of Tax Legalists
#3 - 2014-06-15 13:33:06 UTC
NIGHTMARES AND PLEX, THE TWO IRREVOCABLY LINKED COMMODITIES IN EVE?!?!?!?!??!!!
March rabbit
Aliastra
Gallente Federation
#4 - 2014-06-15 15:57:11 UTC
Loraine Gess wrote:
NIGHTMARES AND PLEX, THE TWO IRREVOCABLY LINKED COMMODITIES IN EVE?!?!?!?!??!!!

SHOCKING NEWS: PLEX AND NIGHTMARE, THE ITEMS MARCH RABBIT CARES ABOUT! Shocked

The Mittani: "the inappropriate drunked joke"
mynnna
State War Academy
Caldari State
#5 - 2014-06-15 17:10:48 UTC
They ran a plex sale right around the same time as the expansion release.


Nightmares were going up on speculation, and then went down because for what people use them for there's no real reason for them to get any more popular.

Member of the Goonswarm Economic Warfare Cabal
Val'Dore
PlanetCorp InterStellar
#6 - 2014-06-15 21:41:42 UTC
I'm rather annoyed at the Rattlesnake crash. On one hand it shows that people don't realize how awesome it has become... but that didn't make unloading the cache I had any more fun. Lost several billions. I don't expect it to go up again before it becomes one of the first battleships to be priced lower than its cruiser counterpart.

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide
Sabriz Adoudel
Move along there is nothing here
#7 - 2014-06-16 06:24:35 UTC  |  Edited by: Sabriz Adoudel
Val'Dore wrote:
I'm rather annoyed at the Rattlesnake crash. On one hand it shows that people don't realize how awesome it has become... but that didn't make unloading the cache I had any more fun. Lost several billions. I don't expect it to go up again before it becomes one of the first battleships to be priced lower than its cruiser counterpart.



I sold a few at modest profits (mainly to free up capital) and am holding the rest of mine for now.

I paid 241m per BPC for my rattlesnakes, plus about 145m in minerals, so even if I sold at the current price I'd be up, but I suspect there are a number of players who like what the Rattlesnake does now but do not have the skills to make it shine. Like myself - I cannot fly a Rattlesnake at all, because while I have excellent drone skills and Gallente Battleship, my shield and missile skills are terrible and I do not even have Caldari BS injected.

I'm willing to hold them, but acknowledge that it's a risk and that I'd be ahead of my current position by ~2b if I'd dumped on buy orders on day 1 of Kronos release. Market PVP - you do not always win.



Edit: Back on PLEX - every sale drops the PLEX price. No change in demand, increase in supply.

I support the New Order and CODE. alliance. www.minerbumping.com
March rabbit
Aliastra
Gallente Federation
#8 - 2014-06-16 07:12:51 UTC
Val'Dore wrote:
I'm rather annoyed at the Rattlesnake crash. On one hand it shows that people don't realize how awesome it has become...

offtopic here: yes, it is awesome... but to make their snake awesome some people need to add whole tree of skills they could live without before.
Me for example: i'm Gallente/Hybrid/Drone pilot. Old Snake worked well for me. New - won't. Because i have very "starter" missile skills.
Maybe this is the reason Snake doesn't rise well.

The Mittani: "the inappropriate drunked joke"
Vaerah Vahrokha
Vahrokh Consulting
#9 - 2014-06-16 07:54:28 UTC
I am not huge in fundamentals analysis but...

look at the calendar and outside the window... (expecially the date of this expansion vs the date of the previous ones) because that's an huge factor on EvE's population and thus on prices (in)ability to rise.

EvE Online portal | EvE markets tutorials
Sabriz Adoudel
Move along there is nothing here
#10 - 2014-06-17 00:14:25 UTC
March rabbit wrote:
Val'Dore wrote:
I'm rather annoyed at the Rattlesnake crash. On one hand it shows that people don't realize how awesome it has become...

offtopic here: yes, it is awesome... but to make their snake awesome some people need to add whole tree of skills they could live without before.
Me for example: i'm Gallente/Hybrid/Drone pilot. Old Snake worked well for me. New - won't. Because i have very "starter" missile skills.
Maybe this is the reason Snake doesn't rise well.



Also it's not really getting lost in PVP much. Flying a battleship outside highsec is clunky to say the least.

I support the New Order and CODE. alliance. www.minerbumping.com
Steve Celeste
Doomheim
#11 - 2014-06-17 06:07:17 UTC
Confiming that the PLEX crash will be a nightmare for people that are not paying attention.
Sabriz Adoudel
Move along there is nothing here
#12 - 2014-06-19 05:58:14 UTC
Steve Celeste wrote:
Confiming that the PLEX crash will be a nightmare for people that are not paying attention.


I do not believe there is a major bubble in the PLEX economy at the moment. There is no shortage of people with both the means and the desire to pay 720m for 30 days of dual character training. While I know there must be people willing to pay USD35 for 1440m ISK, I don't see many people that do so regularly. Once offs 'as a leg up' or to recover from a devastating loss, yes, but once-off purchases of PLEX are unlikely to meet demand.


This is not to claim that PLEX will not cool off in price, but I do not see a disconnect between the present market prices and the prices that end users are willing to pay.

I support the New Order and CODE. alliance. www.minerbumping.com
Loraine Gess
Confedeferate Union of Tax Legalists
#13 - 2014-06-19 06:41:05 UTC
Sabriz Adoudel wrote:
Steve Celeste wrote:
Confiming that the PLEX crash will be a nightmare for people that are not paying attention.


I do not believe there is a major bubble in the PLEX economy at the moment. There is no shortage of people with both the means and the desire to pay 720m for 30 days of dual character training. While I know there must be people willing to pay USD35 for 1440m ISK, I don't see many people that do so regularly. Once offs 'as a leg up' or to recover from a devastating loss, yes, but once-off purchases of PLEX are unlikely to meet demand.


This is not to claim that PLEX will not cool off in price, but I do not see a disconnect between the present market prices and the prices that end users are willing to pay.




As someone who has farmed something north of 600 unique APIs, I must disagree. A scary amount of people sell plex regularly, and are just bad at managing their money in general. Once someone does sell plex, as well, it tends to be a very regular thing, with very many sales of plex.
Carniflex
StarHunt
Mordus Angels
#14 - 2014-06-19 11:16:33 UTC
Sabriz Adoudel wrote:
Steve Celeste wrote:
Confiming that the PLEX crash will be a nightmare for people that are not paying attention.


I do not believe there is a major bubble in the PLEX economy at the moment. There is no shortage of people with both the means and the desire to pay 720m for 30 days of dual character training. While I know there must be people willing to pay USD35 for 1440m ISK, I don't see many people that do so regularly. Once offs 'as a leg up' or to recover from a devastating loss, yes, but once-off purchases of PLEX are unlikely to meet demand.


This is not to claim that PLEX will not cool off in price, but I do not see a disconnect between the present market prices and the prices that end users are willing to pay.



You should look the economic presentation from the fan-fest. That economy guy talked a fair bit about PLEX. Might make you change your mind if you listen what he is saying.

Here, sanity... niiiice sanity, come to daddy... okay, that's a good sanity... THWONK! GOT the bastard.