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Splitting PLEX up

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Wardeth Power
Fusion Enterprises Ltd
Pandemic Horde
#81 - 2015-09-03 15:48:43 UTC
How does CCP treat PLEX?

My thoughts:
Is it a liability for each one issued because you owe them a month of service.
The only way you can recognize it as revenue is when it's actually redeemed.

If destroyed in game then you could move it over to the years revenue.

It couldn't be an ISK sink other than the taxes you pay when it is traded outside of a contract.

The only giant ISK sink is eve is the destruction of property. Maybe Concord and SOV stuff too but probably no where near as much.
Vic Jefferson
Stimulus
Rote Kapelle
#82 - 2015-09-03 16:37:30 UTC
Wardeth Power wrote:
The only giant ISK sink is eve is the destruction of property. Maybe Concord and SOV stuff too but probably no where near as much.


Ugh. Why do people think this? Exploding ships is a huge faucet, not a sink.

If you rat up 200m to buy a ship, insure it, then get it blown up, and get 100m back, the game now has 300m floating around in liquid ISK. Even structures aren't really sinks, as even though they are not insurable, the money doesn't leave the system.

Vote Vic Jefferson for CSM X.....XI.....XII?
Frostys Virpio
State War Academy
Caldari State
#83 - 2015-09-03 17:10:36 UTC
Vic Jefferson wrote:
Wardeth Power wrote:
The only giant ISK sink is eve is the destruction of property. Maybe Concord and SOV stuff too but probably no where near as much.


Ugh. Why do people think this? Exploding ships is a huge faucet, not a sink.

If you rat up 200m to buy a ship, insure it, then get it blown up, and get 100m back, the game now has 300m floating around in liquid ISK. Even structures aren't really sinks, as even though they are not insurable, the money doesn't leave the system.



People only look at their own wallet somehow like 95% of the time.
Oddyssus
United Celestial Order
#84 - 2015-09-03 19:42:03 UTC
Frostys Virpio wrote:
Maded Rift wrote:
*Simple, make pirate bounties dynamic to plex prices, and or even ore amount spawn. problem solved


Or just leave it as is and let the market sort itself up or down since PLEXing your account is not a god granted right. Problem solved in a much easyer way.


Funny you should bring god into this... I agree PLEXing is a right granted to the citizens of New Eden by CCP who just happen to be New Edens creators.

The New Eden market left unregulated will never sort itself out in so far as PLEXing is concerned because it is driven by foreign currencies that create unlimited demand in game. A way to counter unlimited demand is to have unlimited supply. If PLEX could be purchased from a non player corporation with ISK and with a set "tax" charge of an out of game currency the market will then be able to sort itself out. In other words every time you buy or sell a PLEX you pay CCP a dollar. Then buying and selling of ISK in game would drive CCP's prophets and counter the effect of foreign currencies on the price of PLEX in game.
Masao Kurata
Perkone
Caldari State
#85 - 2015-09-05 13:43:38 UTC
Oddyssus wrote:
The New Eden market left unregulated will never sort itself out in so far as PLEXing is concerned because it is driven by foreign currencies that create unlimited demand in game. A way to counter unlimited demand is to have unlimited supply. If PLEX could be purchased from a non player corporation with ISK and with a set "tax" charge of an out of game currency the market will then be able to sort itself out. In other words every time you buy or sell a PLEX you pay CCP a dollar. Then buying and selling of ISK in game would drive CCP's prophets and counter the effect of foreign currencies on the price of PLEX in game.


Could I have some of what you're smoking?

This still bankrupts CCP. They need subscription revenue and you're saying reduce the real world cost which is all that matters to a business for a month's subscription down to one dollar.
Oddyssus
United Celestial Order
#86 - 2015-09-06 08:26:03 UTC
Work with me... Please.

That is an arbitrary amount.

Of course you would have to do research and find the best balance of ISK to dollar ratio.

Think about what I am saying

How many PLEX are sold in game in a single day?

Taxing that service in game is not a bad Idea.

Think about this also... Right now roughly speaking one dollar is equal to about one hundred million isk. If I want stuff in New Eden I should just get a second job make more dollars and then convert my dollars to ISK. I can make more ISK not playing the game than I can playing.

If one ISK was equal to one dollar in value then CCP would be the richest gaming company in the world. Right now the current system is driving the value of ISK into the ground. CCP is basically saying please don't play our game because when you play our game you make ISK and ISK is worth absolutely nothing.

Some of the magic of EVE ONLINE is that it has had value in and of itself that made playing it comparable to a profitable hobby.

By decreasing the value of Inner Stelar Credits you decrease the value of EVE ONLINE.

How would you increase the value of ISK?
jam pan
Aliastra
Gallente Federation
#87 - 2015-09-06 10:24:54 UTC
Here's a suggestion, and I'd like to hear CCP's thoughts on this: reduce the cost of character transfers from one plex. It reduces the demand for plex, thus lowering the price. But it also helps the economy of character transferring. As it is now reselling a character costs well over 2b, making it very difficult to build a market there like we do in jita. It also makes it economically infeasible to transfer characters with less than about 5m skills.
jam pan
Aliastra
Gallente Federation
#88 - 2015-09-06 10:25:41 UTC
oopsie posted twice
Wulfy Johnson
NorCorp Security
#89 - 2015-09-06 11:57:58 UTC
Limit of plex pr account would go a long way of sorting the plex hoarding market out..

Then make it a sneak update with 15 days notice, will remove alot of isk from the game, and heal the long term economy of eve for some years..
Frostys Virpio
State War Academy
Caldari State
#90 - 2015-09-06 13:39:08 UTC
Wulfy Johnson wrote:
Limit of plex pr account would go a long way of sorting the plex hoarding market out..

Then make it a sneak update with 15 days notice, will remove alot of isk from the game, and heal the long term economy of eve for some years..


You heard it here first folks, removing PLEX from the game will remove ISK from it.
Frostys Virpio
State War Academy
Caldari State
#91 - 2015-09-06 13:39:55 UTC
jam pan wrote:
Here's a suggestion, and I'd like to hear CCP's thoughts on this: reduce the cost of character transfers from one plex. It reduces the demand for plex, thus lowering the price. But it also helps the economy of character transferring. As it is now reselling a character costs well over 2b, making it very difficult to build a market there like we do in jita. It also makes it economically infeasible to transfer characters with less than about 5m skills.


If the price of the service is too high, then don't use it.
Crimson Draufgange
The Seven Shadows
Scotch And Tea.
#92 - 2015-09-07 21:54:59 UTC
Frostys Virpio wrote:
Wulfy Johnson wrote:
Limit of plex pr account would go a long way of sorting the plex hoarding market out..

Then make it a sneak update with 15 days notice, will remove alot of isk from the game, and heal the long term economy of eve for some years..


You heard it here first folks, removing PLEX from the game will remove ISK from it.


Me thinks you understood him incorrectly. I think what he meant to say was it would even the playing field. There would be fewer individuals with quadrillions of ISK and more people with billions of ISK.

My Velator is overpowered.

"I use my hairgel to tackle my targets because it has a long lasting firm hold." - Me.
Lord Haur
Star Frontiers
Brotherhood of Spacers
#93 - 2015-09-07 23:00:09 UTC
Petrified wrote:
CCP Terminus wrote:
Petrified wrote:
I wonder how well the SKINs have performed as an ISK sink...


They aren't an ISK sink. Anyone buying a SKIN for ISK is buying it from another player, who receives the ISK.


Ah... I see, you don't have the data regarding it. Since I can buy a PLEX for ISK then convert that PLEX into Aurum I can sink ISK into SKINs. So it is an ISK sink just as much as PLEXing one's account would be an ISK sink.

(seriously, when you guys were coming up with the name did someone say: "we could call it... ummm or... ummm... oh, Aurum! Lets call it that")


edit: it occurs to me that you might mean ISK sink in terms removing it from the game as opposed to transferring it through through mechanisms such as PLEX sales.


Yes, in economic terms a sink removes something from circulation. Selling stuff on the market doesn't do that as most of the ISK is moved around the economy. Market trading does contain an ISK sink in the form of broker fees and taxes, however.

For your example, buying PLEX for ISK is PLEX neutral and a minor ISK sink due to taxes. Converting the PLEX into Aurum is a PLEX sink and an Aurum faucet. Buying stuff from the NES is an Aurum sink.


(Regarding the Aurum name, go google it for the obvious answer)
Aerasia
Republic University
Minmatar Republic
#94 - 2015-09-07 23:46:22 UTC
Wulfy Johnson wrote:
Limit of plex pr account would go a long way of sorting the plex hoarding market out..
I've never entirely understood; what do you think these people are hoarding plex for?
Jeremiah Saken
The Fall of Leviathan
#95 - 2015-09-08 07:31:33 UTC
Aerasia wrote:
I've never entirely understood; what do you think these people are hoarding plex for?

1) for their grandchildren I presume
2) for ISK, to resell when price skyrocket

"I am tormented with an everlasting itch for things remote. I love to sail forbidden seas..." - Herman Melville
Crimson Draufgange
The Seven Shadows
Scotch And Tea.
#96 - 2015-09-08 21:32:39 UTC
I'm assuming everyone who is claiming that there are plex hoarders out there are plex hoarders themselves. How else would we know if there were hoarders?

My Velator is overpowered.

"I use my hairgel to tackle my targets because it has a long lasting firm hold." - Me.
Aerasia
Republic University
Minmatar Republic
#97 - 2015-09-08 22:57:38 UTC
Jeremiah Saken wrote:
2) for ISK, to resell when price skyrocket
Except the moment you start to sell, you crash the price down to below where it was when you bought.