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Stabilizing PLEX - PLEX TAX

First post
Author
Ridvanson
#1 - 2014-11-13 12:07:06 UTC  |  Edited by: Ridvanson
For a lack of recent threads in GD on PLEX prices, I thought one should be opened Lol

So once again, prices are going ballistic (+100m in less than a month), probably due to Phoebe and a handful of clever trillionaires that like to capitalize on poor people.

First of, I don't think that PLEX are broken or that rising prices are necessarily ~bad for the game~. There are rather obvious benefits to high prices (anti-RMT to name one). However, there are also potential downsides, the most important of which is that in the long run EVE might loose individual (real) players who can no longer afford to run their alt(s) or EVE altogether.

I suggest CCP should look into doing something about market manipulation of PLEX prices.

You think "free market but but ...", yet I say CCP has steeped in before (technetium for example). Granted, a solution to PLEX manipulation would need a somewhat different approach ...

INTRODUCING PLEX TAX™ (see what I did there)

The organization (SCC ?) that is issuing PLEX is concerned about loosing their control over licensing things and decrees that henceforth a tax be paid from all those that would hoard, sell or scam with PLEX rather than use them.


  • hoarding tax: each day during downtime you are being taxed for the PLEX you have sitting in your hangars or in the redeeming system by 0.3% of some value that resembles the average PLEX price (but shouldn't obv. be prone to manipulation ... ). Of course PLEX on sell orders and contracts are taxed as well! Differently maybe, or just the same.
  • Add to that a special salex tax (or rather a buyers tax) for people acquiring PLEX.


FIXED it! Now send me donations :>
Benny Ohu
Royal Amarr Institute
Amarr Empire
#2 - 2014-11-13 12:15:14 UTC  |  Edited by: Benny Ohu
Ridvanson wrote:
I suggest CCP should look into doing something about market manipulation of PLEX prices.

You think "free market but but ...", yet I say CCP has steeped in before (technetium for example). Granted, a solution to PLEX manipulation would need a somewhat different approach ...

you say that, but ccp's been very open about its PLEX market manipulation. CCP not only steps in already, but also justifies its own market manipulation to the CSM
Noriko Mai
#3 - 2014-11-13 12:16:39 UTC
If I were the SCC, I would rub my **** everytime someone sells/buys a plex.

"Meh.." - Albert Einstein

Dave Stark
#4 - 2014-11-13 12:21:30 UTC
this is one of the worst ideas i've ever seen.

and i visit the F&I forum.
Ridvanson
#5 - 2014-11-13 12:21:55 UTC
Benny Ohu wrote:
Ridvanson wrote:
I suggest CCP should look into doing something about market manipulation of PLEX prices.

You think "free market but but ...", yet I say CCP has steeped in before (technetium for example). Granted, a solution to PLEX manipulation would need a somewhat different approach ...

you say that, but ccp's been very open about its PLEX market manipulation. CCP not only steps in already, but also justifies its own market manipulation to the CSM


I know, I was not talking the measures CCP is already taking, but PLEX manipulation by players. Whatever CCP is doing doesn't seem to have any meaningful impact, which lets me wonder, if they are actually interested at all in keeping PLEX prices down TBH.

As I said, if CCP feels like that bottom line high PLEX prices actually benefit the game/their business they might as well stop that sharade gg

However if not, maybe a solution like PLEX tax TM would actually make a difference.
Ridvanson
#6 - 2014-11-13 12:24:19 UTC
Dave Stark wrote:
this is one of the worst ideas i've ever seen.

and i visit the F&I forum.


when you say 'worst', how bad you think is the idea? Like worst 5%?
Victor Andall
#7 - 2014-11-13 12:27:05 UTC
Exactly what EVE Needs. The "government" tampering with the economy.

I just undocked for the first time and someone challenged me to a duel. Wat do?

19.08.2014 - Dinsdale gets slammed by CCP Falcon. Never forget.

Ridvanson
#8 - 2014-11-13 12:32:29 UTC
Victor Andall wrote:
Exactly what EVE Needs. The "government" tampering with the economy.


IFF it stops people from opting out ...

It's not like EVE is real (or is it?) and there are no weird artificial rules/restrictions already Big smile
Caviar Liberta
The Scope
Gallente Federation
#9 - 2014-11-13 12:57:30 UTC
I for one would like to see plex prices go up more. I have ships to buy, ships to pew and ships to explode.

EvE isn't my second job so I don't plex my account.
Benny Ohu
Royal Amarr Institute
Amarr Empire
#10 - 2014-11-13 13:05:40 UTC
Ridvanson wrote:
Benny Ohu wrote:
you say that, but ccp's been very open about its PLEX market manipulation. CCP not only steps in already, but also justifies its own market manipulation to the CSM


I know, I was not talking the measures CCP is already taking, but PLEX manipulation by players.

alright. i felt it was worth mentioning
Ka'Narlist
Dreddit
Test Alliance Please Ignore
#11 - 2014-11-13 13:08:27 UTC
If CCP wanted a more fluid plex market without a few ultra rich people hording them to drive prices higher and higher they would just give them an expiration date after which they become worthless.

This way the market would crash with all those horded plex being thrown on the market and after this stabilize on a supply and demand value.

But I really doubt something like his will happen.
Jurico Elemenohpe
Flipsid3 Tactics
#12 - 2014-11-13 13:16:01 UTC
Ka'Narlist wrote:
If CCP wanted a more fluid plex market without a few ultra rich people hording them to drive prices higher and higher they would just give them an expiration date after which they become worthless.

This way the market would crash with all those horded plex being thrown on the market and after this stabilize on a supply and demand value.

But I really doubt something like his will happen.
Theyd need to overhaul the 11y/o item and market code, because it doesn't allow for unique items to be traded, which is why we need to repackage.
Essack Leadae
State War Academy
Caldari State
#13 - 2014-11-13 13:38:59 UTC
A tax ? What a joke...

There is only one thing to do : make the plex as expensive as a standard monthly subscription (20 € > 15 €). As long as a Plex is more expensive, no equilibrium price in ISK can be found.

CCP will not be able to maintain this higher price anyway : there are players who pay with Plex only. If their ISK price don't stop raising, they will leave, and this is really not the moment (Elite: Dangerous is coming out in december, etc.)

Removing obsolete signature... You just lost time to read that =)

R3DRUM
Playboy Enterprises
Dark Taboo
#14 - 2014-11-13 13:53:29 UTC  |  Edited by: R3DRUM
want plex prices to stop rising????? Stop buying them!!!!!!
If no one buys prices go down till people buy. Stop being real life poor, get a JOB and buy a year sub.

Till then I will keep buying 5 plexes at a time and selling them for more isk each time
Tollen Gallen
Glory of Reprisal Enterprise
#15 - 2014-11-13 13:55:43 UTC
R3DRUM wrote:
want plex prices to stop rising????? Stop buying them!!!!!!
If no one buys prices go down till people buy. Stop being real life poor, get a JOB and buy a year sub.

Till then I will keep buying 5 plexes at a time and selling them for more isk each time




+1

Zimmy Zeta - I f*cking love martinis. the original ones, with gin, not that vodka martini crap. Your old Friends can use me for 7 days, free!!!

Abrazzar
Vardaugas Family
#16 - 2014-11-13 14:08:25 UTC
Want PLEX prices to drop? Are you affluent? Here's what you can do: Buy PLEXes for some $15k, spread them over every trade hub and keep consistently undercutting the lowest sell orders until market saturation is reached and prices plummet.

It's a free market, dummy!
Dave Stark
#17 - 2014-11-13 14:08:59 UTC
Ridvanson wrote:
Dave Stark wrote:
this is one of the worst ideas i've ever seen.

and i visit the F&I forum.


when you say 'worst', how bad you think is the idea? Like worst 5%?


I dunno, i'm proably pretty jaded by all the time i've spent reading the bowhead feedback.
Ridvanson
#18 - 2014-11-13 14:22:56 UTC
Abrazzar wrote:


It's a free market, dummy!


I wrote as much in the OP, in fact I stated that the free market might prove to be a problem in this particular matter.

PLEX are special items, not akin to any other in the game. It's reasonable to consider some special rules ... Again, iff CCP thinks is good for their game/business.

Albeit, since their are not very forthcoming with any data on PLEX, it's hard to draw any conclusions for an outsider.
Doc Fury
Furious Enterprises
#19 - 2014-11-13 14:31:57 UTC
Yet another solution to a problem that does not exist.

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

Mr Epeen
It's All About Me
#20 - 2014-11-13 14:39:56 UTC
Once CCP sells the PLEX for RL cash, it's out of their hands. As it should be. They did their part and made them available to us.


Once they are redeemed, it's the up to us, the sandbox economy, to figure it out. Just like everything else in the game. If we demand, then prices go up. If we all turn to CC subs, then prices go down. CCP should have no say in what happens to the price once it's in our hangars, and for the most part, they don't.

Working as intended.

Beside that, the guy that just yesterday bought 18 PLEX to buy one of my characters would have had to buy 20 or 25 if the ISK price were much lower. High prices help my business, so I can't really complain about it.

Mr Epeen Cool
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