Market Discussions

There is a misconception about inflation which actually was created by real economists on the purpose of confusing masses about it's real effects. The real measurement of inflation can't be made through some sort of index or product baskets. They only want you to believe it so the the numbers can be adjusted (manipulated) at will.

Inflation is about the size of the liquid injected into an economy out of thin air. This doesn't necessarily mean an increase to low end product prices because in most cases majorities purchasing power doesn't increase. In other terms only the top tier (of people/players) benefit from such liquidity. Look at the real world examples: While the housing market was crashing (due to lack of liquidity for middle class) price of prime locations was increasing. Look at the fine arts market. Ten years ago 100mil was a big deal, today 200mil seems like business as usual. The price of high quality food goes up, the price of junk food goes down. The price of high end clothing increases way above official inflation, the price of low end clothing decreases. One may argue the price increase of prime goods/services is irrelevant but in reality it creates an enormous gap between rich and poor, and put's many things out of the reach of middle class. This is an affect of hidden inflation.

Same happens in Eve. The trillions of isk sitting in some accounts won't affect the low end market. Their isk won't create a real demand for majority of goods, but the affects of inflation (hence their bigger than ever wallet sizes) will put a pressure on plex market. Because plex is the only in game commodity that has real convertibility. Compared to ships, modules and even BPO's, plex is an actual alternative to liquid isk. Therefore richer top tier gets, more demand they create for plex. Or let me put it this way, richer they get, more easily they take the control of the market and set the prices at will.

These things were argued 7-8 years ago and there was no plex back then. I remember CCP hiring an economist and making a big deal out of it. From the very beginning they knew the inflationary nature of Eve economy yet they had no choice but allow it to go on since they didn't want to cripple the growth of this (experimental) virtual economy. The affects of in game inflation is not very visible to casual player and only becomes apparent when you want to buy plex, or finance your operations for competing with other alliances. So it's not a big deal for CCP.

It's a big deal for some people though, because it makes the competition with top tier less and less possible every passing day. Or should I say, makes it impossible.

Black Flag - The British Empire

It would seem the anticipation & deployment of the SKINs system has sparked a healthy impulsive move back to 1b ISK - http://i.imgur.com/eoJmOTj.png

Levels to watch out for: 847 mln, 866 mln, 897 mln and of course the prize itself.

http://community.eveonline.com/news/dev-blogs/ship-customization-time-to-show-some-skin/

With the SKINs system being received positively, having been fully detailed & reviewed by now, and previous BPC Edition Collection temporarily inaccessible on the NEX - All points to the capsuleers stocking up on PLEX, in order to exchange for items of value & worth on the AURUM Store come April 28th for either personal, or entrepreneural goals in mind.

This Patchday will see an addition of 102 Brand new SKINs for spaceship of all types & sizes: from Frigates and Battlecruisers to Freighters and Titans - a compliment to the previous batch of around one hundred variations.

The Power of Two promotion also appears to be making a come back- http://www.reddit.com/r/Eve/comments/33btmr/psa_power_of_two_seems_to_be_back_o/

Interesting, interesting times.

Do you guys think that people will stop buying plexes and the price of an PLEX will rise up (alot)
And the market will slow down?
And that will also men that this game will be grind to plex or just not free to play.
What do you think?

Only one assumption clouds this judgment - that the SKINs will be selling at the PLEX exchange rate.

Purchasing AURUM directly already puts the seller at an advantage by at least 15%, which is the average AUR per $ difference between these two methods. We will labour very hard indeed to undermine even the AURUM sellers, with our mountains of supply.

Current exchange rate stands at 242k vs 210k ISK per 1 AURUM.

Sorry to be a little off-topic, but what tool is that and how is it pulling market history from that far back? Thanks in advance!

Thanks!

PLEX will rise until EVE population is more or less saturated with SKINS with several dips in between.

Someone has to state the obvious ;)

Prizes, Plunder and Adventure!

http://community.eveonline.com/news/news-channels/eve-online-news/10-discount-on-all-plex-sales/


The right shoulder is coming along, nicely - http://i.imgur.com/GHYKQxh.png

CCP pls ༼ つ ◕_◕ ༽つ gib shorts

Seven hundred mil this coming Summer, provided the expansions CCP are planning to put out are a success.