Market Discussions

I'm not sure 10k PLEX would be enough for a last effect.

While you could ... why would you want to?

I just want to see the world burn.
Also The Plexening is an awesome name.

We'll have to wait and see what the inflation numbers show.

You had better have a lot more PLEX than I have isk, if you try this.

The PLEX price clearly overshot.

Some people are dumping stocks, some people are taking advantage of the high price to purchase PLEX (£/$/etc) and convert to ISK and we may even be seeing a CCP intervention (for possibly the first time this year).

I expect it to fall back to ~1.1B and then resume it's climb.

Well, one relates to the price of plex, and one relates to what would be required to manipulate sales of plex on the market for fun and tears.

Not really the same, but we could always ask CCP to remove all the different threads on the forum and compress them into one for simplicity, But Amarr battleship fitting and the Caldari elections on the same thread might get confusing?

Edit, looking at Eve Central, I agree with your earlier suggestion, It DOES look like someone is intelligently driving the market down in a sustained manner, Whether It is Traders Bailing out of their positions or Someone actively forcing a new level on the market is open to conjecture though.

There is always someone who catches the falling knife by the blade. Buying back in at 1.1 bil Might result in a lot of blood.

Well, It does appear to me that they are quite different, one deals with overall dissatisfaction with plex price, and one deals with how to reset the market and means to do so.

Whilst that will be a wildly unpopular suggestion to Speculators and large holders, It is quite valid for people to explore that.

It's known as diversity in free speech, and actions.
I know surprising! Who would have thought!

You do have a point, the creating of works of art as fiction was mildly amusing too, even though not preserved for prosperity, but this thread seems pretty focused so far and deserves to live for a while, for those who might possibly be deliberately taking action in co-ordinating their actions with what might be, a possible central bank action for the greatest effect?

Who knows where if anywhere it will lead, at least it gives speculators with a short attention span, and lack of desire to read to the end of a mixed complaint thread stretching to the horizon, the opportunity to see something that may preserve some of their wealth.

But it seems with the spread, there is little opportunity for a clean exit from their positions, the only options it seems are to take heavy losses or accept a significant hit to their paper profits, though some may be brave and take those losses before they get caught with bigger ones.

Those buy orders won't be there long I think.
Edit :- best ones gone. Look how few buy orders there are over a billion!
Edit:- it appears there is a mass cancellation of Buy orders less than a billion.

Either way it will be interesting which side has deeper pockets, and how much loss people are willing to accept to Support the price.

Edit:- looks like most of the action took place In eu/north atlantic working hours, It will be interesting to see what happens when the US wakes up, Probably an attempt to pump It up with low volumes before the market here wakes up again tomorrow and reapplies the downward pressure.

Edit;- well that was prophetic, Exactly what was predicted, small sell orders trying to support 1.2bil. But tiny numbers, any downward pressure will crash straight through the 1bil support level.

Or it could be EU holders cashing out and leaving the US to pay the bill. It will also be quite exciting to see what the Russians do while the US sleeps. Someone may be going to wake up to an almighty headache Either tomorrow or Monday morning dependent on the source.


Busy day, Hard to keep up!