Market Discussions

how do you measure how big anyone is?
im guessing you consider yourself to be a big boy?
lots of isk?
ive got about 700b
i know its not a whole lot
but surely id get a seat at the kiddie table

Current plex holders keeping prices up.
I know people that have around 4 thousand of plexes they want to sell now.
Of course they will not allow for price to drop below the line they bought it in first place , so they are slowly reducing their stock , while keeping price up .
There are many more players doing the same thing.
Plex prices will slowly move to normal within a year.

Unless CCP add some new stuff that will drive the price up again.

In 2013 CCP said they had over 10,000 Plex sitting in holding accounts from confiscated banned characters. CCP also admitted that most of the Plex sold on market ends up sitting unused in character hangers.

I think they have some very valid reasons for taking Plex out of the game and into the AUR market. Many sad speculators when this happens.

You do realize that removing Plex from the market changes everything. You think Plex will remain a Isk haven when you have to battle both the fluctuating isk prices to AUR and the AUR to Plex market? You think people will store them on their accounts instead of in hangers?

I rather think not, and not being able to trade the margins on the market means less plex upward pressure. It is really not hard to see this.

This. It`s what I noticed as well, and it`s not a market I am invested at all. I am just too space poor after a 6 year break to even think about flipping PLEX for Profit.

A quota for conversion would be a possibility, however thats a thin line to tread. If the quota is too low it could lead to mass cancellation. On the other hand people with 4.000+ PLEX in their hands should hopefully be smart enough to have other considerable assets and it shouldn`t really affect them. Even if trillions are lost due to PLEX conversion I would wager the heavy PLEX speculators are the big EVE multi-trillionaires and losing a trillion or two while harsh at first look, shouldnt effect their ability to play or be engaged in large scale markt activites at all. I think there would be more then enough wealth left on those individuals to still screw markets over several times.

The question is, does CCP want to open the can of worms of basically disposessing a "financially powerful" segment of the playerbase from a lot of their wealth for "the good of the game"?
It`s an interesting RL analogy. Humongous amounts of wealth concentrated in a few hands with all the potential drawbacks that entails.

We do live in interesting times indeed. I`m eager to see how this all pans out.

This volume picture (jump 4,5 milions Plexes one day and holding, jump back to1,5 milion and holding level again) clearely points out, that PLEX speculations is not done by group. Most likely it is one player... or two players, who can cooperate really well. Even if those one, two, even ten speculaters rage quit, game will not lose anything, IMHO.

One of those many times I think it is sad that you can not really out down short positions like in the real market. Profit from falling prices! Oh the tears that could be harvested from that.

A lot of the major alliances also PLEX their cyno and link alts plus some of their FC`s. Could a crash in PLEX have massive ramifications on alliance numbers/critical perosnell and playstyle. Apparently the ISK printing abilities in null are manifold so Goons/PL Black Legion could probably plex the majority their members if PLEX crashes enough.

You could simply not buy PLEX

Few days ago volume jumped from 1,8 milions to 700 - 800 thousands and holding again... Something is going to happen...

Why would you want to sell 4000 PLEX? What would you do with the ISK? Unless you are doing some sort of massive speculation (in which case you can profitably sell to buy orders) there's no reason to sell. PLEX are by far the best long term store of value in EVE. ISK has inflated significantly (as shown by the price of minerals and the price of PLEX). PLEX, on the other hand, are worth $15 for as long as EVE is worth playing.

You expect PLEX to move back to "normal" but the long run trend in PLEX in nowhere but up, simply because every day it gets a bit easier to make ISK in EVE, but not much easier to make $15.