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Plex Prices

First post
Author
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#521 - 2015-08-23 07:04:31 UTC
Bad Bobby wrote:
Because PLEX are massively underpriced.

...and probably even more so, nine months later.
Alexi Stokov
State War Academy
Caldari State
#522 - 2015-08-23 23:06:02 UTC
Bad Bobby wrote:
Bad Bobby wrote:
Because PLEX are massively underpriced.

...and probably even more so, nine months later.


Say it ain't so Bad Bobby! Where do you think they need to be to "fairly" priced?


On a side note, a while back I ended up with a dozen or so PLEX for 830ish. Soon after the price dropped below and it looked like I bought high. Turns out, I was a shrewd businessman.
Alexi Stokov
State War Academy
Caldari State
#523 - 2015-08-23 23:08:02 UTC
Bad Bobby wrote:
Bad Bobby wrote:
Because PLEX are massively underpriced.

...and probably even more so, nine months later.


Say it ain't so Bad Bobby! Where do you think they need to be to "fairly" priced? I'm assuming they are now more underpriced because more money has entered the game?


On a side note, a while back I ended up with a dozen or so PLEX for 830ish. Soon after the price dropped below and it looked like I bought high. Turns out, I was a shrewd businessman.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#524 - 2015-08-24 02:13:19 UTC
Alexi Stokov wrote:
Bad Bobby wrote:
Bad Bobby wrote:
Because PLEX are massively underpriced.

...and probably even more so, nine months later.

Say it ain't so Bad Bobby! Where do you think they need to be to "fairly" priced?

Players who are in-game poor and/or inept mostly push the PLEX price down, as they tend to sell them rather than buy them.

Players who are in-game rich and capable mostly push the PLEX price up, as they tend to buy them (either for use or as an investment).

Once the bar for affording PLEX to sub an account rises to the level where a moderately established and capable player cannot afford them, then we have hit our price. We aren't even close to that point yet.



James Zealot
Science and Trade Institute
Caldari State
#525 - 2015-08-24 03:31:41 UTC
Bad Bobby wrote:
Alexi Stokov wrote:
Bad Bobby wrote:
Bad Bobby wrote:
Because PLEX are massively underpriced.

...and probably even more so, nine months later.

Say it ain't so Bad Bobby! Where do you think they need to be to "fairly" priced?

Players who are in-game poor and/or inept mostly push the PLEX price down, as they tend to sell them rather than buy them.

Players who are in-game rich and capable mostly push the PLEX price up, as they tend to buy them (either for use or as an investment).

Once the bar for affording PLEX to sub an account rises to the level where a moderately established and capable player cannot afford them, then we have hit our price. We aren't even close to that point yet.





I disagree with that last part. PLEX should not be billions. Then you get into $20 being billions and easy to get ISK, more so anyways. So that would really screw the economy. Oh man, I need 10 billion, that's just $40. No big deal. I think current prices are right about where it should be.
Archibald Thistlewaite III
The Royal Society for the Prevention of Miners
#526 - 2015-08-24 04:12:41 UTC
James Zealot wrote:

I disagree with that last part. PLEX should not be billions. Then you get into $20 being billions and easy to get ISK, more so anyways. So that would really screw the economy. Oh man, I need 10 billion, that's just $40. No big deal. I think current prices are right about where it should be.
How does transfering 10 billion isk between players 'screw' the economy? I'd imagine the taxes are pretty high, but not enough to unbalance anything.

User of 'Bumblefck's Luscious & Luminous Mustachio Wax'

Bad Bobby
Bring Me Sunshine
In Tea We Trust
#527 - 2015-08-24 04:35:39 UTC
James Zealot wrote:
Bad Bobby wrote:
Alexi Stokov wrote:
Where do you think they need to be to "fairly" priced?

Players who are in-game poor and/or inept mostly push the PLEX price down, as they tend to sell them rather than buy them.

Players who are in-game rich and capable mostly push the PLEX price up, as they tend to buy them (either for use or as an investment).

Once the bar for affording PLEX to sub an account rises to the level where a moderately established and capable player cannot afford them, then we have hit our price. We aren't even close to that point yet.
I disagree with that last part. PLEX should not be billions. Then you get into $20 being billions and easy to get ISK, more so anyways. So that would really screw the economy. Oh man, I need 10 billion, that's just $40. No big deal. I think current prices are right about where it should be.

It is already easy to get isk. You can play the game to make 1B easily or you can exchange a PLEX with someone who plays the game to get 1B easily.

The isk still gets made by someone playing the game, the isk still gets spent by someone playing the game and the PLEX subscription option allows more people to play the game. All of that gameplay is good for EVE and good for the economy.

If there is something wrong, it's with the balance of sinks and faucets. CCP need to use the new structures and new sov mechanics to soak up more isk from the system.
James Zealot
Science and Trade Institute
Caldari State
#528 - 2015-08-24 04:58:37 UTC
Bad Bobby wrote:
James Zealot wrote:
Bad Bobby wrote:
Alexi Stokov wrote:
Where do you think they need to be to "fairly" priced?

Players who are in-game poor and/or inept mostly push the PLEX price down, as they tend to sell them rather than buy them.

Players who are in-game rich and capable mostly push the PLEX price up, as they tend to buy them (either for use or as an investment).

Once the bar for affording PLEX to sub an account rises to the level where a moderately established and capable player cannot afford them, then we have hit our price. We aren't even close to that point yet.
I disagree with that last part. PLEX should not be billions. Then you get into $20 being billions and easy to get ISK, more so anyways. So that would really screw the economy. Oh man, I need 10 billion, that's just $40. No big deal. I think current prices are right about where it should be.

It is already easy to get isk. You can play the game to make 1B easily or you can exchange a PLEX with someone who plays the game to get 1B easily.

The isk still gets made by someone playing the game, the isk still gets spent by someone playing the game and the PLEX subscription option allows more people to play the game. All of that gameplay is good for EVE and good for the economy.

If there is something wrong, it's with the balance of sinks and faucets. CCP need to use the new structures and new sov mechanics to soak up more isk from the system.


You must be space rich? :P It's not that easy for most to make billions. Most of the time, it's time that's the enemy. I know of quite a few ways to make multiple billions in a month, but only if I had tons of time. Sure you can do market trading, "passive" in some ways, but you have to spend the time researching the items to sell. Lots to consider. Anyways, so sure someone pays for that PLEX the guy just bought for $20, but the more that $20 is worth the more someone is enticed to pay for more isk. Good for CCP sure, but then the market will be more saturated. At least thats how I'm thinking of it right this second. I'm not sure what you believe fair price is, maybe it's not above 2billion. Maybe 1.5b is a good price. Still, I like to use my limited time a week to make enough to sub my accounts. It gets harder as PLEX price goes up lol

I think it's mainly just the market moguls that are worried about prices so much. The ones will billions invested that want their investment to keep growing. Has nothing to do with anything else other than profits really. Just another thought I have right this second. Might not be there when I click post :P
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#529 - 2015-08-24 06:03:27 UTC
James Zealot wrote:
You must be space rich? :P It's not that easy for most to make billions.
If you don't know how, you can learn.

If you are unwilling or unable to invest the time and effort required and still expect to be able to afford PLEX when so many other players are willing and able to put in that time and effort, then you are just expecting too much.

James Zealot wrote:
Most of the time, it's time that's the enemy. I know of quite a few ways to make multiple billions in a month, but only if I had tons of time. Sure you can do market trading, "passive" in some ways, but you have to spend the time researching the items to sell. Lots to consider.

Yes. Everyone has the option of exchanging lots of time and effort for isk, through grinding whatever profession they choose. But if they choose a poorly paying profession they have to accept the inefficient conversion of time/effort to isk that comes with that.

You also have the option of investing some of your time, effort and isk in carrying out the research, planning and investment needed to enter a better paying profession and gain a more efficient conversion rate. It is generally the failure to do this that traps EVE players in wage slavery, where they spend more time grinding for isk than enjoying the game. It's a poor choice that so many people make.

James Zealot wrote:
Anyways, so sure someone pays for that PLEX the guy just bought for $20, but the more that $20 is worth the more someone is enticed to pay for more isk. Good for CCP sure, but then the market will be more saturated.

If you are saying the market will become more saturated with PLEX, then I don't see that as a problem since the market would correct and PLEX prices would drop.

If you are saying the market will become more saturated with ISK, then no, because the ISK is just passing between players. It doesn't get created by the PLEX trade, only consumed by taxes. The market is already saturated with ISK and CCP needs to deal with that separately. It's not an issue with PLEX, but a separate issue that contributes to rising PLEX prices.

James Zealot wrote:
I'm not sure what you believe fair price is, maybe it's not above 2billion. Maybe 1.5b is a good price.

No one person gets to make that determination. Instead it takes all of us, pulling and pushing at the market, to decide what price it should be at. The fact that PLEX price has been trending upwards since it's introduction tells us a lot here.

I could personally cope with PLEX at 3B or so, more than that and I would have to look at further improving the efficiency of my isk making. I expect the point where the moderately established and moderately capable players cap out would be lower than that, but I'm only guessing.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#530 - 2015-08-24 06:04:13 UTC
James Zealot wrote:
Still, I like to use my limited time a week to make enough to sub my accounts. It gets harder as PLEX price goes up lol

So, you have chosen to play the game in an inefficient way. If you are happy doing it that way, then great. If you aren't, then you should change.

James Zealot wrote:
I think it's mainly just the market moguls that are worried about prices so much.

The market moguls are generally rich enough that PLEX price isn't a concern for their subscription. But of course, if they use PLEX as an investment they'll be plenty concerned about the price.

I think it's the people who grind to feed their accounts that are most concerned about the PLEX price, because their survival is endangered by it.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#531 - 2015-08-24 06:34:14 UTC
CCP has provided us with so many options for making isk.

Each account can host three characters and each character can host:

305 market orders
11 manufacturing jobs
11 science jobs
21 personal contracts
60 corporation contracts (and even more contracts to corporation members)
6 command centers for PI
6 R&D agents for datacores

On top of that, you can run as many of the following as you can handle:

Moon mining POSes
Reaction POSes
Syphons on other peoples moon mining and reaction POSes
Customs offices
Forum posts that generate isk by various means (shops, services and scams)

All this before you consider fully active grinding with one character on the account doing PvE or whatever.

So with all that at your disposal, if you can't make bags of isk each month then you have to be doing something wrong. You have options to choose from regardless of whether you lack SP or isk. You just need to invest some time and effort in finding something that works within your limitations. If you can't afford that time and effort, minimal as it may be, then you can't really expect riches.
James Zealot
Science and Trade Institute
Caldari State
#532 - 2015-08-24 06:51:33 UTC
Well said on all counts. I'm not "smart" like you with all the eve isk making opportunities. You can't just jump into eve and start making billions without someone showing you how that has been doing it for a long while. The ideas are simple, actually accomplishing them take a lot more effort/time.

Market trading and incursions come to mind for great opportunities. Incursions can take some isk to get started but are pretty good for isk making. Market trading can be very lucrative, but again, takes a lot of time to find the right items. There are many other ways, just like you said, but takes countless hours to plan for and setup. It's not THAT easy lol.

I was talking about saturation of PLEX not isk. Either way, I figured you were thinking around the 3 to 5bil mark for PLEX. That's about all I have for this forum topic :P Love the conversations here though.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#533 - 2015-08-24 07:36:46 UTC
James Zealot wrote:
I'm not "smart" like you with all the eve isk making opportunities.

I don't doubt that I have some advantages over you.

I've been playing the game seriously and continuously since 2005, less so before that. I have lots of characters, SP, isk, assets and friends. It is my nature to seek out knowledge from wherever and whoever I can get it. I appear to be better than average at linking different pieces of knowledge together to come up with an effective plan.

On the flip side, I suffer from dyscalculia, so I have a hard time dealing with numbers, arithmetic and related things. I'm obsessive compulsive, so I routinely make sub-optimal decisions due to the need to have things neat, ordered, symmetrical and predictable. I live a fairly frugal existence in real life and could not justify the cost of EVE subscriptions if PLEX wasn't an option. I therefore have to accept the burden of PLEX cost regardless of how high it goes, because I have no real alternative.

So for me, as with everyone, the trick is in finding ways to make isk while working within my personal limitations.

James Zealot wrote:
You can't just jump into eve and start making billions without someone showing you how that has been doing it for a long while.

But with all the forums, wikis, videos, streams, guides, channels, tools and amazingly knowledgeable and helpful people in the EVE community, that is more or less available to anyone.

James Zealot wrote:
Market trading and incursions come to mind for great opportunities.

Both can be lucrative, but work best if you have money and time to put in to them.

If I were in your position, I'd be looking at things that require only a little isk and time to set up and provide a semi-passive income thereafter. Time spent on things like that reward you for your entire EVE career (unless CCP nerfs them) and offer good isk/hour once all things are considered. But most importantly, these are not things you have to do instead of your regular carebearing, but can be done in addition to it.
James Zealot
Science and Trade Institute
Caldari State
#534 - 2015-08-24 14:44:03 UTC
I appreciate your detailed and personal responses. I actually have around 20 something billion in assets and liquid ISK. It's there and I have been researching :-p I like pvp as well. I will probably be messaging you soon honestly. Thanks again for the responses.
Johnathan Coffey
Niforce Triggers
#535 - 2015-08-24 16:59:24 UTC
Bad Bobby wrote:
CCP has provided us with so many options for making isk.

Each account can host three characters and each character can host:

305 market orders
11 manufacturing jobs
11 science jobs
21 personal contracts
60 corporation contracts (and even more contracts to corporation members)
6 command centers for PI
6 R&D agents for datacores

On top of that, you can run as many of the following as you can handle:

Moon mining POSes
Reaction POSes
Syphons on other peoples moon mining and reaction POSes
Customs offices
Forum posts that generate isk by various means (shops, services and scams)

All this before you consider fully active grinding with one character on the account doing PvE or whatever.

So with all that at your disposal, if you can't make bags of isk each month then you have to be doing something wrong. You have options to choose from regardless of whether you lack SP or isk. You just need to invest some time and effort in finding something that works within your limitations. If you can't afford that time and effort, minimal as it may be, then you can't really expect riches.

Just chiming in to point out that some of the things you named (R&D and PI in particular) are passive in name only. Once you calculate the time you need to keep them running and derive the effective ISK/hr, you will be surprised to learn that they barely pay any better than something as simple as running missions (albeit with smaller opportunity cost).

First rule of EVE UI: right click EVERYTHING.

u3pog
Ministerstvo na otbranata
Ore No More
#536 - 2015-08-24 22:37:42 UTC  |  Edited by: u3pog
Bad Bobby wrote:
CCP has provided us with so many options for making isk.

Each account can host three characters and each character can host:

305 market orders
11 manufacturing jobs
11 science jobs
21 personal contracts
60 corporation contracts (and even more contracts to corporation members)
6 command centers for PI
6 R&D agents for datacores

On top of that, you can run as many of the following as you can handle:

Moon mining POSes
Reaction POSes
Syphons on other peoples moon mining and reaction POSes
Customs offices
Forum posts that generate isk by various means (shops, services and scams)

All this before you consider fully active grinding with one character on the account doing PvE or whatever.

So with all that at your disposal, if you can't make bags of isk each month then you have to be doing something wrong. You have options to choose from regardless of whether you lack SP or isk. You just need to invest some time and effort in finding something that works within your limitations. If you can't afford that time and effort, minimal as it may be, then you can't really expect riches.


Couldn't have said it better. You are my EVE Jesus. Shocked Now I know why some people have 20-30 alts...They must have found the right formulae.

As for PLEX - it will always go up, but so will our creativity to make ISK.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#537 - 2015-08-25 03:36:56 UTC
Johnathan Coffey wrote:
Just chiming in to point out that some of the things you named (R&D and PI in particular) are passive in name only.

It wasn't supposed to be a list of passive income streams, but a list of resources each character has available to generate isk.

I agree with you on R&D agents, as they are terrible now. If you haven't already got them going, I wouldn't bother setting them up. If you have got them going, cash them in as infrequently as you can to improve your effective isk/hour.

PI depends on how you do it. Factory planets with no extraction require little effort to maintain, you just need to visit the POCO regularly to feed in fresh inputs and take away your product. It's similar to running POS reactions. Whereas more mainstream PI is a bit of a grind, as you say.
Gadolf Agalder
Sebiestor Tribe
Minmatar Republic
#538 - 2015-08-25 08:36:22 UTC  |  Edited by: Gadolf Agalder
Bad Bobby wrote:
CCP has provided us with so many options for making isk.

Each account can host three characters and each character can host:

305 market orders
...

On top of that, you can run as many of the following as you can handle:

Moon mining POSes
...
Forum posts that generate isk by various means (shops, services and scams)

All this before you consider fully active ...

So with all that at your disposal, if you can't make bags of isk each month then you have to be doing something wrong. ...

Thank you for the listing of those opportunities, in theory.
However, I disagree with your statement about having to be doing something wrong.
There are cases where the person has wrong done to him which may lead him to lose more than to win or earn.
To blame it on them only agravates the loss and those supporting it are making money from it.

Bad Bobby wrote:
...You just need to invest some time and effort in finding something that works within your limitations. If
you can't afford that time and effort, minimal as it may be, then you can't really expect riches.

I agree with the first part that finding something that works within your limitations is the solution.
(However finding those limitation can be a different ball-park.)

I disagree with the second part that you can't expect riches (or even to make profit).
Character Bazaar requires time and efforts yes, but not so much ingame time as other activities do take time.
It is pretty close to minimal.
Besides, there is little to stop a player to be given 10 billion except the proverbial foot in the mouth while shooting oneself in the foot. (Gotta love those russian roulette players, no , not the Vegas roulette.)
If you are offered 10 billion ISK and say you don't want to get paid , you deserve suffering.
(Except illegal transfer.)

For instance, using the EVE forums on a 512 MB Ram device is bad enough, that it's worth the time to buy a new phone with cam to record the posting.

Edit:
Plex Price will be 1.1 b ISK to 1.2b ISK in 7 days + until around October (for 10% to 20% + increase).
Tiffen Jouhinen
Science and Trade Institute
Caldari State
#539 - 2015-08-25 08:53:46 UTC
Not surprised at all on why plex price went up.

The only thing that comes to mind is how people were angry at me ...last year... for speculating that plex price is gonna go up.

They were rambling they have many alts and they played eve online by buying plex in the market...not by subscription based because they can't afford to pay $9.99 / month. Can't imagine the electricity bill to pay for this. Must be more than $9.99 / month.

*shrugs* meh
Gadolf Agalder
Sebiestor Tribe
Minmatar Republic
#540 - 2015-08-25 09:01:48 UTC  |  Edited by: Gadolf Agalder
Tiffen Jouhinen wrote:
Not surprised at all ...

... because they can't afford to pay $9.99 / month. Can't imagine the electricity bill to pay for this. Must be more than $9.99 / month.

*shrugs* meh

Considering some PLEx Specials offer by CCP occurs on a few accounts at $9.99 or $13 or $29 for 2 PLEx.
You have to include your finite dollars and pay before the offer expires.

As for electricity , get a solar panel or a bike with energy convertor / generator battery charger (if your food bill is worthwhile).

(This does not include a $60 cab fare to avoid being late for work due to PvP delays... Or diversions)