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PLEX prices...

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Owen Levanth
Sagittarius Unlimited Exploration
#61 - 2014-09-06 22:30:57 UTC  |  Edited by: Owen Levanth
Deheler wrote:
Cameron Freerunner wrote:
The prices are actually coming down since the implosion of blinky and friends.
I think it has more to do with the introduction of the new Multiple Pilot Training Certificate. It can be bought in the NES for 3500 AURUM and used for Dual Character training (just as PLEX)
A lot of (older) Pilots still have substantial amounts of AURUM lying around from when it was given away as promotion by CCP.
Easy way to get 700-750 million....Blink

They started quite a bit lower on the market compared to PLEX, but prices are gradually drifting toward each other. MPTC is going up, PLEX is going down.


Well, no wonder they're drifting together. 3500 AURUM is what you get for a PLEX and the cost of buying 3500 AURUM adds up to a PLEX again. So since both cost exactly the same, as soon as old reserves of AURUM are depleted, both should cost about the same.

Now the funny thing is for me, you can still use PLEX for multiple training, so as soon as both prices line up thanks to supply and demand, there's no reason to buy them anymore since there's no functional difference between using the new certificate and a PLEX for the same thing.

If CCP is smart, they would remove the multiple training function from normal PLEX, to drive up demand for the new item and drive down the demand for PLEX. Or make the price for a training certificate slightly lower then a PLEX.

But hey, just in case I'm planning on occasionally buing an AURUM-token and storing it somewhere. Should give me enough AURUM for a training cert every odd year or so. But realistically, this isn't any different than saving up ISK to do the same thing, it just reduces the temptation to use my ISK for something else instead. Big smile
Pok Nibin
Doomheim
#62 - 2014-09-06 23:16:53 UTC
The more they over think the plumbing the easier it is to stop up the drain. -Scotty-

The right to free speech doesn't automatically carry with it the right to be taken seriously.
Jenn aSide
Worthless Carebears
The Initiative.
#63 - 2014-09-07 00:09:58 UTC
Ssabat Thraxx wrote:
Im always somewhere between amused and aggravated every time this topic comes up. Here's the truth: PLEX IS NOT EXPENSIVE. It may cost more than it did when you bought your first one, maybe a lot more, but it's still not "expensive." At an average price right now of 775M isk, you're looking at having to put in a wopping 26M isk per day to pay for your plex. With the exception of the truly new players, 26M isk in a day is chicken scratch for pretty much everyone else. It's not this "omgiskgrind" that people complain about. If a player a few months old cant pick his nose and pull out 26M, I might be a little more worried.





The truth is people blame their lack of responsibility on PLEX prices. They spend isk like their is no tommorow, time to sub comes up and suddenly they need to 'grind' for a plex and it's 'OMG 775 mil, I can't do that in one night, the PLEX is too damn high'.

Just goes to show that EVE is real, because 20 years ago I (as a college student) did the same thing, only it was RENT not PLEX.
Rowells
Pator Tech School
Minmatar Republic
#64 - 2014-09-07 00:16:03 UTC
Jenn aSide wrote:
Ssabat Thraxx wrote:
Im always somewhere between amused and aggravated every time this topic comes up. Here's the truth: PLEX IS NOT EXPENSIVE. It may cost more than it did when you bought your first one, maybe a lot more, but it's still not "expensive." At an average price right now of 775M isk, you're looking at having to put in a wopping 26M isk per day to pay for your plex. With the exception of the truly new players, 26M isk in a day is chicken scratch for pretty much everyone else. It's not this "omgiskgrind" that people complain about. If a player a few months old cant pick his nose and pull out 26M, I might be a little more worried.





The truth is people blame their lack of responsibility on PLEX prices. They spend isk like their is no tommorow, time to sub comes up and suddenly they need to 'grind' for a plex and it's 'OMG 775 mil, I can't do that in one night, the PLEX is too damn high'.

Just goes to show that EVE is real, because 20 years ago I (as a college student) did the same thing, only it was RENT not PLEX.

How did you make enough rent money in that last night?
Anna Shepart
Garbage and Filth Removal Industries
#65 - 2014-09-07 00:21:51 UTC
Rowells wrote:
Jenn aSide wrote:
Ssabat Thraxx wrote:
Im always somewhere between amused and aggravated every time this topic comes up. Here's the truth: PLEX IS NOT EXPENSIVE. It may cost more than it did when you bought your first one, maybe a lot more, but it's still not "expensive." At an average price right now of 775M isk, you're looking at having to put in a wopping 26M isk per day to pay for your plex. With the exception of the truly new players, 26M isk in a day is chicken scratch for pretty much everyone else. It's not this "omgiskgrind" that people complain about. If a player a few months old cant pick his nose and pull out 26M, I might be a little more worried.





The truth is people blame their lack of responsibility on PLEX prices. They spend isk like their is no tommorow, time to sub comes up and suddenly they need to 'grind' for a plex and it's 'OMG 775 mil, I can't do that in one night, the PLEX is too damn high'.

Just goes to show that EVE is real, because 20 years ago I (as a college student) did the same thing, only it was RENT not PLEX.

How did you make enough rent money in that last night?



Hahaha, some very strange pictures are coming to my mind....

Eve is dying..........  because [u]WE players[/u] are too stupid to create content, and instead cry for  "Mama" CCP to help !!!
Azar Heruka
Doomheim
#66 - 2014-09-07 01:21:23 UTC
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?

they started out at 430 million isk and now they are almost at 800 million. it gets pretty tough for me to pay the account nowadays.

so i know that there sights that are called plexes but aside from that i have no further knowledge about where they are come from.
I just buy them in the market and redeem them.

but if the trend of the rising prices continues i might need to get into these sights to earn a living.

definitely not gonna pay my account with real cash....


Prices fluctuate. Remember the price now when the bubble pops and everyone is moaning that the "PLEX price is doomed, DOOMED!, FOREVER!!!"

Then buy a ton on the cheap and wait until the price is at, "THE PRICE WILL NEVER STOP RISING I CAN'T AFFORD PLEX ERMAGERD!', and then sell.
Remiel Pollard
Aliastra
Gallente Federation
#67 - 2014-09-07 01:28:39 UTC
Yeah, someone is definitely buying PLEX at the price they're at now, or I wouldn't be making any isk. Instead, I'm making a fair bundle on almost a daily basis.

“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
Kaiia Gavlas Thessia
Ravens' Nest
#68 - 2014-09-07 01:48:05 UTC
just get a job and use irl money for the account.

RAVENS' NEST - Bringing the Dread Bomb Back
Creamdream
Whatever Brah
#69 - 2014-09-07 01:58:52 UTC
baltec1 wrote:
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?



Supply and demand.


Stupid post.

You're dumb and you'll never realize it.
Derrick Miles
Death Rabbit Ky Oneida
#70 - 2014-09-07 02:11:31 UTC
Creamdream wrote:
baltec1 wrote:
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?



Supply and demand.


Stupid post.

You're dumb and you'll never realize it.

You might not realize it, but it's dumb to draw a conclusion about someone from three words.
Remiel Pollard
Aliastra
Gallente Federation
#71 - 2014-09-07 02:14:55 UTC
Creamdream wrote:
baltec1 wrote:
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?



Supply and demand.


Stupid post.

You're dumb and you'll never realize it.


The sad irony is that the funny irony is probably not lost on anyone but you. TWO IRONIES IN ONE!!!

“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
Veers Belvar
Swordmasters of New Eden
#72 - 2014-09-07 02:36:34 UTC
I think a lot of the PLEX inflation is due to mass mining (easy to do afk). This is flooding the Eve economy with cheap raw materials, and making real money relatively less valuable - hence the increased price of plex.
Saisin
Chao3's Rogue Operatives Corp
#73 - 2014-09-07 02:39:05 UTC
Remiel Pollard wrote:
It's sad to think of what they're doing to themselves, these online demi-deities of the stars, slaving away like common Minmatars....

Hey! Do not belittle the common Minmatar ways!!!Lol

Vote Borat Guereen for CSM XII

Check out the Minarchist Space Project
Dave stark
#74 - 2014-09-07 09:42:24 UTC
Rowells wrote:
How did you make enough rent money in that last night?

where do you think the term "rent boy" came from?
Will Strafe
Caldari Provisions
Caldari State
#75 - 2014-09-07 15:02:46 UTC
Ray Zyrus wrote:
Can anyone explain to me how or why the PLEX prices get so rediculous?

they started out at 430 million isk and now they are almost at 800 million. it gets pretty tough for me to pay the account nowadays.

so i know that there sights that are called plexes but aside from that i have no further knowledge about where they are come from.
I just buy them in the market and redeem them.

but if the trend of the rising prices continues i might need to get into these sights to earn a living.

definitely not gonna pay my account with real cash....


You're giving the answer yourself. When you absolutely refuse to, you are throwing away your only bargaining chip. The sellers are making money of the misers.
Tippia
Sunshine and Lollipops
#76 - 2014-09-07 16:05:29 UTC
Veers Belvar wrote:
I think a lot of the PLEX inflation is due to mass mining (easy to do afk). This is flooding the Eve economy with cheap raw materials, and making real money relatively less valuable - hence the increased price of plex.

Uhm. Yeah, no. That would, if anything, have the exact opposite effect. But then, mining has no effect on the money supply to begin with so its ability affect a non-manunfactured good whose price is only determined by its own supply and demand and on the money supply is pretty much zero.
Samuel Wess
Doomheim
#77 - 2014-09-07 16:05:38 UTC
There is too much isk and easy isk with no risk in the game, I see a lot of pilots investing it in
PLEX and stacking hundreds of them.

Walk into the club like "What up? I got a big cockpit!"
Veers Belvar
Swordmasters of New Eden
#78 - 2014-09-07 19:02:12 UTC  |  Edited by: Veers Belvar
Tippia wrote:
Veers Belvar wrote:
I think a lot of the PLEX inflation is due to mass mining (easy to do afk). This is flooding the Eve economy with cheap raw materials, and making real money relatively less valuable - hence the increased price of plex.

Uhm. Yeah, no. That would, if anything, have the exact opposite effect. But then, mining has no effect on the money supply to begin with so its ability affect a non-manunfactured good whose price is only determined by its own supply and demand and on the money supply is pretty much zero.


Wrong. Isk is just a gateway currency. All it does is reflect the relative exchange rate between eve stuff and real life money. Imagine if it was twice as easy and quick to make ships, we would expect that a PLEX would then get you twice as many ships. What we see is plex increasing in isk price, and basically everything else decreasing in isk price. That suggests that Eve stuff is becoming more plentiful and cheap to obtain. Most plausible culprit - mining.


Edit - just ask yourself what would happen if Eve was really flooded with isk faucets? Logically all ships equipment, etc...would inflate in price. Instead we see the opposite effect, where deflation is the main phenomenon. This shows that the problem isn't too much isk - the problem is that it is too easy to make ships, mods, etc....
Vyl Vit
#79 - 2014-09-07 23:42:46 UTC
I consulted a Phd in economics about the PLEX pricing issue with regard to macro economics specifically.
What he told me would shock even the most stalwart EVE player (even a Goonwaffle!)

(to be continued)

Paradise is like where you are right now, only much, much better.
Solette Cheli
Doomheim
#80 - 2014-09-08 02:43:51 UTC
Veers Belvar wrote:
Tippia wrote:
Veers Belvar wrote:
I think a lot of the PLEX inflation is due to mass mining (easy to do afk). This is flooding the Eve economy with cheap raw materials, and making real money relatively less valuable - hence the increased price of plex.

Uhm. Yeah, no. That would, if anything, have the exact opposite effect. But then, mining has no effect on the money supply to begin with so its ability affect a non-manunfactured good whose price is only determined by its own supply and demand and on the money supply is pretty much zero.


Wrong. Isk is just a gateway currency. All it does is reflect the relative exchange rate between eve stuff and real life money. Imagine if it was twice as easy and quick to make ships, we would expect that a PLEX would then get you twice as many ships. What we see is plex increasing in isk price, and basically everything else decreasing in isk price. That suggests that Eve stuff is becoming more plentiful and cheap to obtain. Most plausible culprit - mining.


Edit - just ask yourself what would happen if Eve was really flooded with isk faucets? Logically all ships equipment, etc...would inflate in price. Instead we see the opposite effect, where deflation is the main phenomenon. This shows that the problem isn't too much isk - the problem is that it is too easy to make ships, mods, etc....

It is flooded with ISK faucets. I agree that production is easy, and with all the people mining and not enough blowing ships up, it works with the amount of isk made by the isk faucets and the balance of minerals:thingsblownup isn't close enough, so there is plenty of excess things on the market, causing lower prices for stuff. This also affects plex prices, because the people making billions daily don't need to spend as much paying for their ships, so they're willing to spend more and more on PLEX, because they have the excess ISK.
Source: shower thoughts.