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PLEX: real demand and offer - The Stack system

Author
Dianalexia
Gea'Vii Enterprises
#1 - 2014-11-14 01:19:56 UTC  |  Edited by: Dianalexia
If CCP would want to regulate the player manipulation of PLEX prices and let them to be subjected to real demand and offer, they could implement the Stack system:

- only plexes directly bought / redeemed with real money can be put on market
- plexes bought from market can't be resold. Instead they go to a Stack (which is a copy of the redeem system). Why a stack? Because you might need multiple plexes for some actions / offers (like 3 plexes for the power of two offers).

Now you will have a system almost free of player manipulation (I doubt there would be many people willing to spend real money to influence the market price), you would be able to hoard as many plexes as you like and keep using them as you currently do (except price manipulation / flipping).

But this only if CCP will consider that the plex price manipulation is becoming a real problem.

That's it.

Edit:
Looking graphs seen here the real issue of PLEX is it's gold like value for players. Even though more plex is created than destroyed every day, CCP DrEyjoGstated that people hoard as hedge against inflation, which, unlike any other item in EVE turns them in the perfect isk saving item (because price always go up.)

In conclusion, the Stack system would leave the PLEX untouched except making them not to hold their current gold like value.
Antillie Sa'Kan
Imperial Shipment
Amarr Empire
#2 - 2014-11-14 01:47:58 UTC  |  Edited by: Antillie Sa'Kan
Dianalexia wrote:
I doubt there would be many people willing to spend real money to influence the market price...

I'm going to disagree with this one. There are many people out there with lots money and nothing better to do. Some of these people play EVE.

Dianalexia wrote:
But this only if CCP will consider that the plex price manipulation is becoming a real problem.

[Citation Needed]
Dianalexia
Gea'Vii Enterprises
#3 - 2014-11-14 10:21:32 UTC  |  Edited by: Dianalexia
Antillie Sa'Kan wrote:
Dianalexia wrote:


[quote=Dianalexia]But this only if CCP will consider that the plex price manipulation is becoming a real problem.

[Citation Needed]


Lol, non sequitur. It's not like I have the magic crystal ball to see what will CCP's position be in the future. Shocked
Gosti Kahanid
Red Sky Morning
The Amarr Militia.
#4 - 2014-11-14 11:05:16 UTC
Almost all plexes were bought with real money. Why shouln´t anyone be able to buy und resell them like anything else?
Signal11th
#5 - 2014-11-14 11:13:04 UTC
All they need to do is time limit the PLEX to say 30 days. In this I mean the PLEX has to be used in some capacity within 30 days of purchase. The price will drop like a stone. As this will not benefit CCP though it won't happen so don't hold your breath.

As I've mentioned in a previous thread the people who say "I have 7 accounts to plex the price is stooooopid" are the one fuelling the price rise.

I have 4 accounts I plex one and the rest are deactivated because I can't be bothered to spend all my time making money just to run the accounts, if most people did this for a couple of months the price would half.

God Said "Come Forth and receive eternal life!" I came fifth and won a toaster!

Dianalexia
Gea'Vii Enterprises
#6 - 2014-11-14 11:15:42 UTC  |  Edited by: Dianalexia
Gosti Kahanid wrote:
Almost all plexes were bought with real money. Why shouln´t anyone be able to buy und resell them like anything else?

Wow, some people don't bother to read these days...
epicurus ataraxia
Illusion of Solitude.
Illusion of Solitude
#7 - 2014-11-14 11:15:55 UTC  |  Edited by: epicurus ataraxia
Market manipulation is not an automatic evil, it is an acknowledged and viable play style and method.
Where manipulation damages the game, then an issue has developed, and will need addressing to keep the game healthy.

Has the plex price caused or is causing harm to the game? That is harder to ascertain.
If It is causing harm then CCP have the tools to burst the bubble, reducing the price, and discouraging "bad" behaviour in the future.

They will no doubt be asking whether this is manipulation alone, or is there a group somehow creating free isk through some exploit. If so expect that to be found and a rebalancing to real isk creation will occur, together with the plex price.

We have no way of knowing ourselves, but the current price discourages people from using their ISK reserves to buy a plex to swap for gametime.

That may or may not be healthy, but either way it is annoying. And it does lead to fewer accounts signed in and in space. And the more it rises, the fewer are plexed.

There is one EvE. Many people. Many lifestyles. WE are EvE

Dianalexia
Gea'Vii Enterprises
#8 - 2014-11-14 11:28:34 UTC  |  Edited by: Dianalexia
Having a Stack system (copy of the Redeem system) lets you use the plex as you currently do except for flipping.

On the other hand RMT people would miss one important tool for their trade (I don't have a statistic regarding how many of the plexes are bought to be resold for real money by RMT's, but plex really helps them because is so easy to handle).
Adrie Atticus
Caldari Provisions
Caldari State
#9 - 2014-11-15 11:08:35 UTC
epicurus ataraxia wrote:
Market manipulation is not an automatic evil, it is an acknowledged and viable play style and method.
Where manipulation damages the game, then an issue has developed, and will need addressing to keep the game healthy.

Has the plex price caused or is causing harm to the game? That is harder to ascertain.
If It is causing harm then CCP have the tools to burst the bubble, reducing the price, and discouraging "bad" behaviour in the future.

They will no doubt be asking whether this is manipulation alone, or is there a group somehow creating free isk through some exploit. If so expect that to be found and a rebalancing to real isk creation will occur, together with the plex price.

We have no way of knowing ourselves, but the current price discourages people from using their ISK reserves to buy a plex to swap for gametime.

That may or may not be healthy, but either way it is annoying. And it does lead to fewer accounts signed in and in space. And the more it rises, the fewer are plexed.


As long as PLEX is treated as a gold substitute as it's value cannot decrease there will be no end to PLEX prices rising. If that is negative, it's under debate.
After Shok
Ruthenia Co
#10 - 2014-11-15 11:54:11 UTC
Need reduce the investment attractiveness of the Plex. Ie activate Plex for extension of time is necessary to account for 3 months - then transfer to Aurum.

One such news will bring down the cost of the Plex and raise the cost of other goods. What is beneficial CPP.



Нужно уменьшить инвестиционную привлекательность Plex. Т.е. активировать плекс для продления времени аккаунта нужно в течении 3-х месяцев - далее перевод в Aurum.

Одна такая новость собьет стоимость плекса и поднимет стоимость других товаров. Что выгодно CPP.

Правдой нельзя оскорбить, уважаемый адвокат!

Тот самый Мюнхгаузен

Золотая орка

Lugh Crow-Slave
#11 - 2014-11-15 13:46:45 UTC  |  Edited by: Lugh Crow-Slave
Free market means free market if you can't afford the plex try paying for this game you play.

if they are selling for this much people are willing to buy them for that much


Edit: besides higher plex prices are better for CCP as people will be willing to buy more so they can get quick isk and thus CCP gets more money
Dianalexia
Gea'Vii Enterprises
#12 - 2014-11-15 14:34:37 UTC
Lugh Crow-Slave wrote:
Free market means free market if you can't afford the plex try paying for this game you play.

if they are selling for this much people are willing to buy them for that much


Edit: besides higher plex prices are better for CCP as people will be willing to buy more so they can get quick isk and thus CCP gets more money


Let's not get into a debate on how speculation and cartels kill free market. The Stack system doesn't do anything except for stopping flipping / making RMT's have one less tool at their disposal. The free market (demand and offer) stays in place.
Antillie Sa'Kan
Imperial Shipment
Amarr Empire
#13 - 2014-11-15 14:39:18 UTC  |  Edited by: Antillie Sa'Kan
Dianalexia wrote:
Lol, non sequitur. It's not like I have the magic crystal ball to see what will CCP's position be in the future. Shocked

No no no, first you must show that player manipulation of PLEX prices is an issue to begin with. You are basing your argument on an unsupported assumption.

At the moment you have presented no evidence that PLEX prices are being manipulated at all, let alone that it is a "problem".
Jur Tissant
Garoun Investment Bank
Gallente Federation
#14 - 2014-11-15 14:39:37 UTC  |  Edited by: Jur Tissant
Lugh Crow-Slave wrote:
Free market means free market if you can't afford the plex try paying for this game you play.


Truly free markets are not a good thing, they certainly don't work in the real world. Lots of people come to EVE because it offers a F2P payment plan without the F2P game model, $180 a year is a lot to pay for a game.

Quote:

if they are selling for this much people are willing to buy them for that much


If they are selling for this much it means rich players are willing to buy them for this much. This means that the established vet population is determining whether or not the new players can afford to PLEX.

CCP needs to take steps to avoid PLEX hitting the 1bil line but I don't think your plan is so great OP, honestly I would rather the PLEX market was just more heavily regulated. For example adding NPC sell orders to put a hard cap on the price.
Antillie Sa'Kan
Imperial Shipment
Amarr Empire
#15 - 2014-11-15 14:42:12 UTC
Dianalexia wrote:
PLEX...cartels...

[Citation Needed]
afkalt
Republic Military School
Minmatar Republic
#16 - 2014-11-15 14:48:25 UTC
It's more likely an indicator people are making too much isk somewhere.
Dianalexia
Gea'Vii Enterprises
#17 - 2014-11-15 14:49:14 UTC
Antillie Sa'Kan wrote:
Dianalexia wrote:
Lol, non sequitur. It's not like I have the magic crystal ball to see what will CCP's position be in the future. Shocked

No no no, first you must show that player manipulation of PLEX prices is an issue to begin with. You are basing your argument on an unsupported assumption.

Just: hahahahahahhahahahahahaahhahahahahahahaha, thanks man, you made my day Big smile. Honestly!

You didn't listened to ex CCP DrEyjoG. Anyway there it is. And it will go on for as long as plex has a flipping value (hoard and sell at a later date).
Dianalexia
Gea'Vii Enterprises
#18 - 2014-11-15 14:51:08 UTC  |  Edited by: Dianalexia
Antillie Sa'Kan wrote:
Dianalexia wrote:
PLEX...cartels...

[Citation Needed]

Read above. Dude, just. Stop. Posting...
Antillie Sa'Kan
Imperial Shipment
Amarr Empire
#19 - 2014-11-15 14:55:07 UTC  |  Edited by: Antillie Sa'Kan
Jur Tissant wrote:
Truly free markets are not a good thing, they certainly don't work in the real world.

EVE is not the real world. CCP can do things that real world governments can only dream of doing with respect to the economy.

Jur Tissant wrote:
Lots of people come to EVE because it offers a F2P payment plan without the F2P game model, $180 a year is a lot to pay for a game.

LOL no, it really isn't. If $15 a month is hard to afford you have better things to with your money then spend it on an MMO and better things to do with your time that playing one. Also, PLEX is not a F2P model. It just looks a lot like one.

Jur Tissant wrote:
If they are selling for this much it means rich players are willing to buy them for this much. This means that the established vet population is determining whether or not the new players can afford to PLEX.

CCP needs to take steps to avoid PLEX hitting the 1bil line but I don't think your plan is so great OP, honestly I would rather the PLEX market was just more heavily regulated. For example adding NPC sell orders to put a hard cap on the price.

So? PLEX costs what it costs. A new player can get a lucky drop from an complex or hook an idiot with a scam just as easily as an older player can. PLEX is not a way to play the game for free in a reliable manner. It is a way to get a month for free now and then if you happen to have spare ISK. If your budget is so tight that you can't afford to pay for a regular monthly subscription then your decision to play an MMO that requires a certain level of financial commitment is questionable at best.

You do realize that in real life economies price caps just reduce supply right? Or in this case just destroy CCP's income since actual PLEX sales would be hard capped at a very low level. Hardly a solution.

The pressure relief valves for PLEX prices are people deciding to pay their accounts with real money instead of PLEX and more people deciding to sell PLEX for ISK. Too many people with a "free to play" mentality are the issue. Fortunately this issue is a self correcting one.
Antillie Sa'Kan
Imperial Shipment
Amarr Empire
#20 - 2014-11-15 14:56:27 UTC
Dianalexia wrote:
Read above. Dude, just. Stop. Posting...

You have failed to establish the existence of a cartel in the market before asserting its existence as part of an argument. Please, continue with your antics. I find them amusing.
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