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PLEX will crash

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Karl Hobb
Imperial Margarine
#21 - 2014-11-21 05:00:22 UTC
Kousaka Otsu Shigure wrote:
PLEX is too useful, it wont crash... for now. Once the price nears the average net monthly income of hisec missioners that play regularly, then it will be interesting.

Grinding missions just to pay a sub... What a sad existence. This is why PLEX prices need to continue on this rise.

A professional astro-bastard was not available so they sent me.
Jvpiter
Science and Trade Institute
Caldari State
#22 - 2014-11-21 05:03:35 UTC  |  Edited by: Jvpiter
Mining, incursions, L4s. As soon as these become more dangerous, you will see PLEX prices fall.


And then many will wish the conditions to make it fall did not happen at all. This will be the comedy of it.


E: Chainsaw Plankton and Kousaka are essentially saying the same thing.

Call me Joe.
Veers Belvar
Swordmasters of New Eden
#23 - 2014-11-21 05:29:05 UTC
Plex inflation has nothing to do with mining, incursions, etc.... those would cause general inflation...but what we see is general deflation.

Plex is rising because mining and farming anomalies is too easy. Result - an overabundance of materials and mods, falling ship/mod prices, and rising plex to compensate. Make mining harder...make farming harder...and plex will fall.

Until then the only hedge against $$$ deflation is plex.
Ssabat Thraxx
DUST Expeditionary Team
Good Sax
#24 - 2014-11-21 05:31:54 UTC
Nicolai Serkanner wrote:
Desimus Maximus wrote:
...

Unfortunately for CCP many accounts are being shut down because it has been out of hand since 750m. If they don't put a hard cap on it soon they are going to be hemorrhaging subs.


Citation needed.


I'm dropping 2 or 3 of my 5 accounts.

There's your citation. Blink

\m/ O.o \m/

"You're a freak ..." - Solecist Project
Trey Kutoi
SergalJerk
Test Alliance Please Ignore
#25 - 2014-11-21 05:49:55 UTC
plex ruined me. I bought one and sold it for 850 mil. now I have more isk than my skills can do anything useful with.
Ocih
Space Mermaids
#26 - 2014-11-21 06:04:02 UTC
Plex prices are like gas prices.

Every time they reach a new high they fall back but a little higher than they were before. Technetium crashed. Plex will never crash.
Hasikan Miallok
Republic University
Minmatar Republic
#27 - 2014-11-21 06:16:40 UTC
Kousaka Otsu Shigure wrote:
PLEX is too useful, it wont crash... for now. Once the price nears the average net monthly income of hisec missioners that play regularly, then it will be interesting.


Assuming you blitz 4s for a somewhat conservative 12 hours per week @ an equally conservative 50 mill per hour that would be return around 2.4 bill per month. In relity a dedicate mission runner playing nightly probably makes more like 3-5 bill per account.

Aside from which people generally mission to PLEX other accounts, a single account can PLEX itself every month with the free alts doing losec PI without bothering with missioning.

Part of the issue is the only people that need to pay subs are new players (less than 12 months old) and the "log in for a few hours a week to gank and PvP and log out" brigade. Everyone else is rolling in ISK.
Gamma-Ray Burst
Critical Influx
#28 - 2014-11-21 06:34:15 UTC  |  Edited by: Gamma-Ray Burst
that wont happen

the real reason that the plex price is going up like crazy

is this one

" you all know that u can buy FANFEST tickets, EVE Vegas Tickets, and some other items in REAL life with plexes,
well boters and isk RMT guys r buying plexes to get those items. and then THEY SELL THOSE for REAL money."

since ccp is breaking their own rules of RMT is forbithen, but they are acctually doing it.

THATS THE RABIT HOLE that CCP opened for BOTTS.

i hope they close it FAST

b4 this problem gets bigger.

and check the history price of plex.

it allways matches. the end of the promotions. of the eve Vegas or eve fanfest
Super spikinator
Hegemonous Conscripts
#29 - 2014-11-21 07:06:28 UTC
Jenshae Chiroptera wrote:
As long as people keep buying PLEX with $ to sell for ISK, the market will crash.

At some point the ISK is tied up in PLEX and people will start under cutting that price. Then the bubble will burst and people will sell PLEX at ISK losses.


I like it when people say undercutters will fix it. Because the people who buy plex are holding onto it, not using it. Unless you are planning on a plex maesting, nobody is going to rock that boat except when the price gets so hot that the tycoons cash out.
Zappity
New Eden Tank Testing Services
#30 - 2014-11-21 07:09:51 UTC
Saw plex at 965m, came searching for The Thread, leaving satisfied.

I honestly don't know what to think about plex prices now. I was sure it was a bubble. Now? I'd like to see some plex usage data.

Zappity's Adventures for a taste of lowsec and nullsec.
Zappity
New Eden Tank Testing Services
#31 - 2014-11-21 07:17:33 UTC
Trey Kutoi wrote:
plex ruined me. I bought one and sold it for 850 mil. now I have more isk than my skills can do anything useful with.

Easy. 100 nice frigates to explode in lowsec :)

Zappity's Adventures for a taste of lowsec and nullsec.
Tarpedo
Incursionista
#32 - 2014-11-21 07:45:45 UTC  |  Edited by: Tarpedo
After multi-trillion WallStreet bailout it is naive to think core of the EVE's economy - PLEX market - is free and is not being manipulated by government (devs). And these manipulations are actually very obvious and easy to spot - just look for

1) multiple orders appear at the same time above/below present price by 1-10 millions (instead of 0.01 ISK) and

2) multiple orders appear in distant systems with 10-15 seconds difference (up to 5-10 jumps between systems).

I see these orders already, they drive prices down - so I'd suggest to sell your PLEXes right now before price will be lowered to 800M or less.
Khorvek
Colear Mining Retrieval and Distributing
#33 - 2014-11-21 08:06:02 UTC
As far as tinfoiling goes I prefer that PLEX prices keep going up, since it's too easy for people multiboxing or in null to get PLEX. Supply and demand says that there's lots of people who have disposable ISkcome.

People talk about how eve is better than WoW. I still get one shotted undocking in a frigate if there's a WT thrasher outside. It looks eerily similar to getting one shotted in WoW battlegrounds by a x9 level player when you're x1-4 levels.
CODE Agent AC
The Conference Elite
The Conference
#34 - 2014-11-21 08:32:00 UTC
Kaarous Aldurald wrote:
Once it hits 1.2 billion, I plan to sell my stock.


Would you be willing to off load them now for 1.1?

The Artist Formerly Known As AC. 

The terminal end of the digestive system. 

The Best CSM Candidate
Dianalexia
Gea'Vii Enterprises
#35 - 2014-11-21 08:44:41 UTC
Plex will never crash, unless you'll find the equivalent of limitless cheap supply. Or if it becomes less relevant.
Jessica Danikov
Network Danikov
#36 - 2014-11-21 08:54:59 UTC
Crashes tend to happen with bubbles. PLEX isn't a bubble, it's a market still seeking equilibrium. It may bounce and decline, but it's not going to crash.
Sol Project
Shitt Outta Luck - GANKING4GOOD
#37 - 2014-11-21 08:59:41 UTC
Uhm ... what is PLEX at right now?

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Warning: NSFW! Barely legal girls in underwear!

Diana Kim > AND THIS IS WHY THE FEDERATION MUST BE DESTROYED!!
Gully Alex Foyle
The Scope
Gallente Federation
#38 - 2014-11-21 09:10:10 UTC
Vapor Ventrillian wrote:
Perhaps a solution lies in an expiration date on plex use them or lose them Idea

of course if this was to come into effect everyone would sell them all at once which is fine

But the stockpiling of plex would be a thing of the past and its trade kept small as in my mind plex isn't a eve lore product so its controlling factors should be alterable

it would need scam proofing as receiving and isk with three seconds on it would be one hell of a **** off but that is not hard to put in place I feel.

o7
Vapor
My thoughts exactly, though I think it would be difficult to implement a solid mechanic.

Problem is, free PLEX trading from suppliers ($) to consumers (ISK) is very cool and beneficial to EVE.

PLEX hoarding and/or manipulation? Not so beneficial, imho...


I'd love to see the figures regarding PLEX trades, PLEX $ purchases and PLEX redemptions... I bet trade volume is far larger than actual usage...

Make space glamorous! Is EVE dying or not? Ask the EVE-O Death-o-meter!
Jeremiah Saken
The Fall of Leviathan
#39 - 2014-11-21 09:28:10 UTC
Gully Alex Foyle wrote:
My thoughts exactly, though I think it would be difficult to implement a solid mechanic.

Problem is, free PLEX trading from suppliers ($) to consumers (ISK) is very cool and beneficial to EVE.

PLEX hoarding and/or manipulation? Not so beneficial, imho...

For those who invest in PLEX when it was for lower than 600mil or even 300 mil it's harvest time now. If players bought it on sales and then hoarding for speculation then this is an issue.
I didn't see it before but buying PLEX from CCP is more expensive than adding game time through real money, was it always that way?

"I am tormented with an everlasting itch for things remote. I love to sail forbidden seas..." - Herman Melville
ISD Ezwal
ISD Community Communications Liaisons
ISD Alliance
#40 - 2014-11-21 09:28:38 UTC
Unsuccessful At Everything wrote:
Posting in PLEX thread# 2,888,392.
Closing PLEX thread# 2,888,392.

Thread locked.

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