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Plex prices

First post
Author
Alavaria Fera
GoonWaffe
#101 - 2014-06-28 22:08:37 UTC
Saisin wrote:
TigerXtrm wrote:
As someone who pays for his account the old fashion way and gets free PLEX on occasion, I can only point and laugh at all of you who spend hours grinding each month just to be able to play. Lol

For some, half an hour everyday or so, and three or four hours a week one plex makes ...Lol

Eh... you think people are grinding for their 4, 6, 8 accounts?

Triggered by: Wars of Sovless Agression, Bending the Knee, Twisting the Knife, Eating Sov Wheaties, Bombless Bombers, Fizzlesov, Interceptor Fleets, Running Away, GhostTime Vuln, Renters, Bombs, Bubbles ?

Mario Putzo
#102 - 2014-06-28 22:22:03 UTC  |  Edited by: Mario Putzo
Meh, 1 half hour of work and it pays for my account. 1 day of work out of the 25 or so I work in a month lets me be filthy rich selling PLEX to no lifes who can't be assed to go out and get a job and would rather complain that it takes them 6-8 hours to grind out isk for a plex instead of working for an hour and just paying for the game.

Thanks for your ISK losers, get a job ya bums.
Alavaria Fera
GoonWaffe
#103 - 2014-06-28 22:44:44 UTC
Never not sell plex.

Triggered by: Wars of Sovless Agression, Bending the Knee, Twisting the Knife, Eating Sov Wheaties, Bombless Bombers, Fizzlesov, Interceptor Fleets, Running Away, GhostTime Vuln, Renters, Bombs, Bubbles ?

Arcelian
0nus
#104 - 2014-06-28 22:49:02 UTC
polly papercut wrote:
Prince Kobol wrote:
I cant wait until Plex prices hit a billion.. the tears will be stunning

Yup all the tears from all the people complaining that there is hardly any players left to pvp.
Followed by all the complaints about how null sec and low sec are dead and empty will be so great.

See for me I will just have more time to work on rl things than computer things. So I will not be here to see all the tears but you can bet your ass they will not come from the people quitting.


My god, are the majority of eve players in poverty? Can't afford that $15 sub? I had no idea that was such a colossal amount of money.
Mara Rinn
Cosmic Goo Convertor
#105 - 2014-06-29 00:34:27 UTC
Remiel Pollard wrote:
polly papercut wrote:
Mara Rinn wrote:
The error margin (about 25%) on a sample size of 15 is almost bigger than the sample set ;)

except this was not asking if you would cancel this is asking if you did cancel.

So seeing as we have 33 cancels over the plex you could safely assume that the real number is much much larger.


No, the sample size is pathetic. I'll be more interested in the results if it hits 1000 minimum, and that's being generous.


The error margin is 25% at a 95% confidence level on a sample size of 15. What this means for polly paper cut is that the 20% of people who voted for any one of the categories is smaller than the error margin, which in lay terms probably translates closest to, "if you had 40 more people subscribe to the survey, and none of them voted for that category, the data would be just as meaningful."

That there were six categories to vote in means you'd want the error margin below 18% for starters, and ideally below 6%.

To get a 6% error margin at 95% confidence (statisticians, who understands them?) you would need to solve the following for sample size n:

0.06 = 0.98/(n^0.5)
(n^0.5) = 0.98/0.06
n = 16.3^2
n ~ 267

So the poll would have to have more than 267 respondents for the results to be even approximate to the population. This still won't address the issue of self-selecting population. What if the 33 respondents to the poll were all people who already had or were seriously considering cancelling their PLEX-subscribed accounts because it just wasn't worth it anymore? Self-selection cannot be controlled for, so the poll really is meaningless.

I don't doubt that there are a large number of people who have cancelled due to PLEX prices rising beyond their ability to earn an income. I suspect there are also a large number of people who have converted from PLEX subscription to yearly credit card subscription (because if I'm going to pay actual money, I want the best value for my currency), and others who have paid for shorter subscriptions on the expectation that they'll pay a month, PLEX a month.

I'm not a statistician, and neither am I a market researcher. I don't even know where to start designing a survey that would collect a meaningful sample of the population, but I do know that a "come along and participate in my poll" surveys need a few questions to top-and-tail the actual questions of interest, in order to find out more abut the people who are participating and what type of population they represent.

And of course there is most likely a real statistician who can tell me how I chose the wrong calculation for margin of error, and which one is the right one to use in this context and why :)
Marsha Mallow
#106 - 2014-06-29 01:00:56 UTC
Arcelian wrote:
My god, are the majority of eve players in poverty? Can't afford that $15 sub? I had no idea that was such a colossal amount of money.

I really don't see why people burst in to tears when some of us point out how pathetic remarks like this are. They are at least as bad (and repetitive/obnoxious) as whining over plex prices in the first place. If you only have one account in Eve, you're a chav. Sorry, was that a bit obnoxious?

Alavaria Fera wrote:
Eh... you think people are grinding for their 4, 6, 8 accounts?

I supported my 8 for the last few years mainly by indy stuff, sometimes I sub where needed. But I'll be damned if I'll undock and farm for it. The hassle was mainly logging alts in to flip slots/sets contracts and keep an eye on the market, and I personally resent anything more than a couple of hours a month devoted to ISK generation. Try explaining that to people who quit because they can't work out non-grinding ISK generation methods, are on a low income, and are starting to burn out of game anyway. All they counter with is that cost-benefit wise there are other games they can pay to play for less and have more fun. There's no comeback to that.

Nicolai Serkanner wrote:
Dinsdale Pirannha wrote:
CCP should be on its hands and knees kissing the feet of people ... spend increasingly large amounts of time grinding in-game to maintain said hobby.


Why should CCP be grateful people grind their monthly account? There is no profit there for CCP.

I think what he meant was that those who plex are generating higher revenue for CCP via demand. Plexes are roughly 30-50% more than a raw sub. It's a curious argument as demand isn't below supply, actually the other way around. But you could argue that players who plex generate more profit.

Plex prices are increasing to an abnormal degree, which might be a sign of rampant inflation. Losing Eggy doesn't help, given that he made himself known to the playerbase and stated he'd intervene to slow down the velocity of inflation (although not the long term trend). Who knows what the new econ team are doing, they haven't even introduced his replacement. Strip out all the emotive arguments, put your handbags down and condescention for a second and address the underlying issue. Inflation at this rate should be a topic for discussion, but there's no point if the participants would rather warble on about how much they make ph and their contempt for various playstyles they don't understand.

Ripard Teg > For the morons in the room:

Sweets > U can dd my face any day

Nevyn Auscent
Broke Sauce
#107 - 2014-06-29 02:02:14 UTC
Fanfest 2014 said we have no inflation, actually deflation. Ok, we are two months on, but given Plex prices haven't changed their behaviour nor have other prices gone through the roof probably can still be considered basically accurate data.
Plex prices are an isolated supply & demand situation, with price changes linked to increased demand due to changes in what plex can be used for. Which isn't inflation.

Lets not bring out boogie men to try and get emotion behind an argument.
Vaerah Vahrokha
Vahrokh Consulting
#108 - 2014-06-29 02:19:28 UTC  |  Edited by: Vaerah Vahrokha
Arcelian wrote:
polly papercut wrote:
Prince Kobol wrote:
I cant wait until Plex prices hit a billion.. the tears will be stunning

Yup all the tears from all the people complaining that there is hardly any players left to pvp.
Followed by all the complaints about how null sec and low sec are dead and empty will be so great.

See for me I will just have more time to work on rl things than computer things. So I will not be here to see all the tears but you can bet your ass they will not come from the people quitting.


My god, are the majority of eve players in poverty? Can't afford that $15 sub? I had no idea that was such a colossal amount of money.


I am currently living in a country where $600 is a NICE monthly wage.
While this does not touch me (money is one of my last issues both in game and in RL now P), it affects the local populace a lot.

They will NEVER be able to go above that salary... yet it's enough to pay rent and feed 2 sons and go to restaurant in the week end in that place. What should somebody living in a country where $600 is a nice wage do with video games? Never buy one, just because some EA shark determined that they can steal $75 for a bad video game?
No, they just don't buy EA crap and play EvE P with PLEX. It's not about being poor, but about living in a place that does not need $3000 a month to survive, where everything is scaled down by 5 including costs and wages, yet they have to "interface" with western monthly subs prices that were studied for high cost of life countries.
Arcelian
0nus
#109 - 2014-06-29 02:19:46 UTC
Marsha Mallow wrote:
Arcelian wrote:
My god, are the majority of eve players in poverty? Can't afford that $15 sub? I had no idea that was such a colossal amount of money.

I really don't see why people burst in to tears when some of us point out how pathetic remarks like this are. They are at least as bad (and repetitive/obnoxious) as whining over plex prices in the first place. If you only have one account in Eve, you're a chav. Sorry, was that a bit obnoxious?




I actually have 6 total accounts, and I don't mind pointing out that its pretty sad that people throw a tantrum, "If I can't play for free, I won't play!" Eve is cheap entertainment for anyone with any sort of reasonable income.

And if you have one account, you aren't a "chav" whatever that is, you are actually, the average eve player....
Val'Dore
PlanetCorp InterStellar
#110 - 2014-06-29 02:24:37 UTC
Nicolai Serkanner wrote:
Dinsdale Pirannha wrote:
CCP should be on its hands and knees kissing the feet of people ... spend increasingly large amounts of time grinding in-game to maintain said hobby.


Why should CCP be grateful people grind their monthly account? There is no profit there for CCP.


Actually, there is more profit there. A paid account is a paid account, but a subbed account is less profitable for CCP.

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide

Arcelian
0nus
#111 - 2014-06-29 02:36:57 UTC
Vaerah Vahrokha wrote:
Arcelian wrote:
polly papercut wrote:
Prince Kobol wrote:
I cant wait until Plex prices hit a billion.. the tears will be stunning

Yup all the tears from all the people complaining that there is hardly any players left to pvp.
Followed by all the complaints about how null sec and low sec are dead and empty will be so great.

See for me I will just have more time to work on rl things than computer things. So I will not be here to see all the tears but you can bet your ass they will not come from the people quitting.


My god, are the majority of eve players in poverty? Can't afford that $15 sub? I had no idea that was such a colossal amount of money.


I am currently living in a country where $600 is a NICE monthly wage.
While this does not touch me (money is one of my last issues both in game and in RL now P), it affects the local populace a lot.

They will NEVER be able to go above that salary... yet it's enough to pay rent and feed 2 sons and go to restaurant in the week end in that place. What should somebody living in a country where $600 is a nice wage do with video games? Never buy one, just because some EA shark determined that they can steal $75 for a bad video game?
No, they just don't buy EA crap and play EvE P with PLEX. It's not about being poor, but about living in a place that does not need $3000 a month to survive, where everything is scaled down by 5 including costs and wages, yet they have to "interface" with western monthly subs prices that were studied for high cost of life countries.


So... CCP should lower plex prices and cut into their profits because of the poor countries so individuals that make little income can play? Sorry, but that is a small minority of the eve player base, and not a reason to lower plex prices from a business stand point.
Schweinscteiger
Crayola Magic
#112 - 2014-06-29 04:06:40 UTC  |  Edited by: Schweinscteiger
Arcelian wrote:


Eve is cheap entertainment for anyone with any sort of reasonable income .


I think you're correct.

I'm not sure why people are arguing PLEX needs to be cheap enough for people to afford to PLEX to get by.

For people in the US and much of western Europe Eve is cheap entertainment. These two blocks of players make up a huge portion of all players as well, so I think that all the complaints about people not being able to play without PLEXing is silly.

For most of Europe and the US the minimum wage (Germany does not have one but their average wage is quite high) easily pays for a character's time in two hours or less.

In the US the average wage pays for a month of eve in less than one hour.

PLEX is a luxury item and a commodity, I don't think it was ever intended to be a way for poorer folks to grind their days away to get by.
Remiel Pollard
Aliastra
Gallente Federation
#113 - 2014-06-29 04:25:19 UTC  |  Edited by: Remiel Pollard
Marsha Mallow wrote:
If you only have one account in Eve, you're a chav. Sorry, was that a bit obnoxious?


Marsha Mallow wrote:
.....but there's no point if the participants would rather warble on about .... their contempt for various playstyles they don't understand.


Hi there, single account holder and solo-pvp'er here, breaking every "you can't do that, it's impossible" claim in EVE he can get his hands on, including solo pvp'ing in a Worm in FW BEFORE it got its buff. Also, definitely not a 'chav'. I'm Australian, so the correct term is 'bogan'.

#getrekd

All that aside, what makes you think a single account holder is somehow financially inferior and therefore obviously unemployed (please note the sarcasm in there)? Real chavs/bogans probably barely understand how to get Facebook working on their stolen smartphones let alone how to survive the intricacies of EVE. I, for one, choose not to be forced into requiring multiple accounts operating simultaneously to successfully function in a PVP environment and so far, I've done pretty well. If you ask me, it's those that are relying on and couldn't live without multiple accounts to do as well that are the weak links around here.

“Some capsuleers claim that ECM is 'dishonorable' and 'unfair'. Jam those ones first, and kill them last.” - Jirai 'Fatal' Laitanen, Pithum Nullifier Training Manual c. YC104

Johnny M'gambo
#114 - 2014-06-29 05:34:27 UTC
Supply and demand bends for no man. If you can't come up with the rl cash or game isk to sub however many accounts you have, then you can't have them, simple as that. EVE is a game, you don't even need more than X accounts to play. Just one will suffice. I've been on one account since I got started five years ago and it's been fine for me.

Ultimately CCP can meddle in the PLEX supply only to their own detriment. Any PLEX that wasn't bought and paid for that they seed into the market to drive prices down is one less monthly injection of cash into their accounts. They need to keep the lights on and pay their staff just like everyone else. Does that mean customers bearing costs that would be outrageous to impoverish third worlders? Of course it does. But neither CCP nor anyone else is obligated to do business such that literally anyone on earth can purchase their products or services.

This whole debate is just hilarious.

Multipul account holders are being punished? Oh give me a break. Everyone I know with more than three accounts is absolutely rolling in isk. Most of them live in wormholes or sov null where multiboxing anoms is a license to print money. If you can't manage an absurd isk income stream with three or more accounts then you've got bigger problems than the price of plex.

Newbies are being punished? Ha! Surely you are joking. A fresh-faced newbie with his one account benefits immensely from this. Unless he (foolishly) believed that he'd be paying from the get-go with PLEX, then he needn't even bother with this mess. What's more, if he is so inclined, he can sell plex to some of these frantic vets trying to keep up with subscribing a dozen accounts and skip what amounts to days or weeks of newbie farming. That's what we call a win-win situation. Newbie just wants to violence spaceships, he can buy a small armada of t1 merlins with just a single plex, or he can run level 1-2 missions for days on end to fit half as many. Unless he's one of the NEAT kids on the block, it's a no-brainer.

TL;DR: The PLEX market is serving the needs of both buyers and sellers. A rise or fall in price does not change that fundamental fact. There will always be players who want it higher or lower than the price currently is, but there is no "fair," plex price by any measure. Price is where the cost people are willing to pay meets what the other people are willing to sell it for. Nothing more. Pick up an economics textbook that doesn't have the word "manifesto," printed on the front somtime and you'll see what I mean.
TharOkha
0asis Group
#115 - 2014-06-29 05:53:42 UTC  |  Edited by: TharOkha
Mario Putzo wrote:
Meh, 1 half hour of work and it pays for my account. 1 day of work out of the 25 or so I work in a month lets me be filthy rich selling PLEX to no lifes who can't be assed to go out and get a job and would rather complain that it takes them 6-8 hours to grind out isk for a plex instead of working for an hour and just paying for the game.

Thanks for your ISK losers, get a job ya bums.


here you go you ignorant ***meh***.

Arcelian wrote:
polly papercut wrote:
Prince Kobol wrote:
I cant wait until Plex prices hit a billion.. the tears will be stunning

Yup all the tears from all the people complaining that there is hardly any players left to pvp.
Followed by all the complaints about how null sec and low sec are dead and empty will be so great.

See for me I will just have more time to work on rl things than computer things. So I will not be here to see all the tears but you can bet your ass they will not come from the people quitting.


My god, are the majority of eve players in poverty? Can't afford that $15 sub? I had no idea that was such a colossal amount of money.


Another ignorant "elitist". please read


and for both of you... average monthly salary in USA is cca 2500 usd, in (not just) eastern Europe it is 500 usd...can you imagine to pay 5x more for plex? (cca 75 usd) per month for game?...yea thats why i trade on jita market for 1 or 3 days and grind for PLEX rather than "pay 75 usd per month" (converted to your monthly salary)..

oh and im still not counting this whole 1 usd =1 eur fraud (VAT included my a**. i simply dont believe that you pay cca 21 usd per month (VAT included)).. in that case you would pay cca 105 usd per month)
Johnny M'gambo
#116 - 2014-06-29 06:10:58 UTC
TharOkha wrote:

and for both of you... average monthly salary in USA is cca 2500 usd, in (not just) eastern Europe it is 500 usd...can you imagine to pay 5x more for plex? (cca 75 usd) per month for game?...yea thats why i trade on jita market for 1 or 3 days and grind for PLEX rather than "pay 75 usd per month" (converted to your monthly salary)


So grinding for PLEX is a more efficient use of your time than paying cash, from the sound of it, that probably won't change if the PLEX price continues to rise. Nobody owes you a favorable exchange rate or a job with salary sufficient to comfortably pay for X accounts in a video game. That's not an "eliteist," observation. That's just a fact.

Life ain't fair. I say this as a Mexican where the average income is probably at or below your own. You make the best of what you've got because that's all you can do. Sure, you can also **** and moan about the fact others were born with more than you, or got better opportunities because of chance and circumstance, but that doesn't make you any better off. In-fact it just makes you bitter person who is even less capable of building up some wealth of his own, most of what makes a man richer is his ability to do something for others and do it well, so if you're a bitter person who feels a grudge towards anyone with the resoruces to pay you, you're not going to make it very far.
TharOkha
0asis Group
#117 - 2014-06-29 06:20:33 UTC  |  Edited by: TharOkha
Johnny M'gambo wrote:
TharOkha wrote:

and for both of you... average monthly salary in USA is cca 2500 usd, in (not just) eastern Europe it is 500 usd...can you imagine to pay 5x more for plex? (cca 75 usd) per month for game?...yea thats why i trade on jita market for 1 or 3 days and grind for PLEX rather than "pay 75 usd per month" (converted to your monthly salary)


So grinding for PLEX is a more efficient use of your time than paying cash, from the sound of it, that probably won't change if the PLEX price continues to rise. Nobody owes you a favorable exchange rate or a job with salary sufficient to comfortably pay for X accounts in a video game. That's not an "eliteist," observation. That's just a fact.

Life ain't fair. I say this as a Mexican where the average income is probably at or below your own. You make the best of what you've got because that's all you can do. Sure, you can also **** and moan about the fact others were born with more than you, or got better opportunities because of chance and circumstance, but that doesn't make you any better off. In-fact it just makes you bitter person who is even less capable of building up some wealth of his own, most of what makes a man richer is his ability to do something for others and do it well, so if you're a bitter person who feels a grudge towards anyone with the resoruces to pay you, you're not going to make it very far.


Dude im not complaining about my monthly salary. (read the link i posted).. Im just tired of those "elitists" that moaning "get a job" while they cannot see behind their national border, how the rest of the world lives and what average monthly salary is "out there"..

My monthly ingame isk icome is waaaaay over PLEX price and my ingame needs, thats why i PLEX my account rather than pay 21 EUR for it. For 21 EUR i can buy food for a 5-6 days.
William Ruben
University of Caille
Gallente Federation
#118 - 2014-06-29 06:28:31 UTC
TharOkha wrote:
For 21 EUR i can buy food for a 5-6 days.

Wait what are you eating?
Johnny M'gambo
#119 - 2014-06-29 06:30:27 UTC  |  Edited by: Johnny M'gambo
I'd say there's nothing elitist about that quip, given that most of the subscribers aren't in that position. Elite implies only a select few could possibly afford it. PLEX isn't a Rolls Royce or a Private Island.

Myopic? Sure, but we're all guilty of being more aware of our own surroundings than that of others. Eliteist? Nope.
Vaerah Vahrokha
Vahrokh Consulting
#120 - 2014-06-29 09:52:50 UTC
Arcelian wrote:
Vaerah Vahrokha wrote:
Arcelian wrote:
polly papercut wrote:
Prince Kobol wrote:
I cant wait until Plex prices hit a billion.. the tears will be stunning

Yup all the tears from all the people complaining that there is hardly any players left to pvp.
Followed by all the complaints about how null sec and low sec are dead and empty will be so great.

See for me I will just have more time to work on rl things than computer things. So I will not be here to see all the tears but you can bet your ass they will not come from the people quitting.


My god, are the majority of eve players in poverty? Can't afford that $15 sub? I had no idea that was such a colossal amount of money.


I am currently living in a country where $600 is a NICE monthly wage.
While this does not touch me (money is one of my last issues both in game and in RL now P), it affects the local populace a lot.

They will NEVER be able to go above that salary... yet it's enough to pay rent and feed 2 sons and go to restaurant in the week end in that place. What should somebody living in a country where $600 is a nice wage do with video games? Never buy one, just because some EA shark determined that they can steal $75 for a bad video game?
No, they just don't buy EA crap and play EvE P with PLEX. It's not about being poor, but about living in a place that does not need $3000 a month to survive, where everything is scaled down by 5 including costs and wages, yet they have to "interface" with western monthly subs prices that were studied for high cost of life countries.


So... CCP should lower plex prices and cut into their profits because of the poor countries so individuals that make little income can play? Sorry, but that is a small minority of the eve player base, and not a reason to lower plex prices from a business stand point.


So... where did I say ANYTHING about PLEX price? Don't project on me what you think I am thinking, because it's not true.
I am actually fine with whatever the markets do, I am totally liberal and open to the most free markets possible.