Market Discussions

Capatalism in its best form!!!!
Players/botters what ever. This wil deal with a couplet of things!!!

Multibox Players being killed over time.
I can tell because i am 1.
If i cant keep Up ill drop 75% of my toons.

Result.

Multibox miners.
Less miners on the market higher schip mod proces at the end.
The one pvper that sales a plex can buy a carrier for €15,- ATM
See if that carrier will stil cost 1bil isk next year.

Less multibox pvping

Beter fight on 1 on 1 base.
Less cyno alts flying around to set Up a highway for carriers And other jump capable ships.
Less hotdrops or maybe beter orginezed because of Players drpping alts first.

I must say i dont give a ****. I like to plex my account as far as i can go.
But will not become a second job me!!!!!

This is what will happen on my side cause i help plexing corp mates as wel.

First i drop my toons 1by1 since i cant grind or collectie more then im willing to play.
(3 to 4 hour daily online )
After this my team mates have to make a choice what they will do.
If this ends Up quiting the game ill lose around 12 Players that are flying with me.

No more reason to play for me either. Cause what keeps me ingame is not the actual game it self.
It are the Players i fly with.

About CCP not interupting this fenominon is there right. Market will heal it self, or kill her self.

Lets push Up those plexes a 100 mil isk per week. Wonder what the effects are in about Christmas times!!!

Cant waiting guys!!!! Keep on f*****g everything Up.
Untill there are no buyers anymore.

Mhahahaha.

I fully agree with you Nero.

Im diggin And shooting my way trough the game pretty wel.
But i think this will drive Players away anyway. My main trouble is that ill
Lose my corp teammates over time. Thats what im complaining about ;)

I can fly with 4 toons without plexing. Because i can. Unfortunatly not everybody has this luxury.

So a call to all indys!!!! Push your prices Up on the market.

The miners need the pvp ers And visa versa.

They want more isk for 1item? So do you =)

I'm just saying out loud what everyone is thinking.... That economists are not that good and a belief that they know exactly what will happen is rediculous

Well, here's another speculation on the future:

We're approaching the holiday and gift-giving season, and CCP usually runs a series of PLEX sales through Nov-Jan. PLEX prices tend to drop during this period, due to more frequent bursts of increased sales of PLEX for RL cash. Also, market speculators typically sell off PLEX during the earlier part of the season, to take out their profits while the prices are still high. They start buying PLEX again in the latter part of the season, when the PLEX sales have pushed in-game prices down.

So, I'd guess that we'll see PLEX prices continue to rise until mid Nov - easily pushing through any isolated weekend-only 10% off sales that CCP might try to use to slow things down. Around early Dec, I think we'll see prices level off - and perhaps drop somewhat through Dec and early Jan, depending on whether or not CCP runs an early Jan PLEX sales right after New Year's Day (which I think they should - that is the usual time when people, esp. the kids, have extra RL cash to spend, due to New Year's cash gifts given in many countries/cultures).

After Jan, I'd expect prices to start rising again, as speculators rapidly buy up the lower-cost PLEX injected into the game.

So... buy now, or wait until Nov/Dec? That depends on how much you think the prices will rise until then, and how long CCP will run their hoiday season sales. If the sales are extended and larger than normal (say 20%), then PLEX prices may go low; if not, then we may only see a plateau on prices and not a significant drop (ie. PLEX will still cost more in Nov/Dec than current prices).

Personally, I advise buying PLEX whenever you have excess idle ISK in your wallet, regardless of the price trends. If the price goes low, then just buy more. Remember that a PLEX is *always* worth 30 days of game play, so no loss ever in terms of RL value.

Well we are are in a really interesting position.

The situation that has occured is an anethema to the concept of an open market.
Under healthy conditions wealth is generated and the product of this increased wealth is reinvestment into the economy, leading to increased production with short term inflation whilst production catches up.
Destruction in eve would be the consumption driver to soak up this greater availability of goods.

However we now have the wealth generated being soaked up via plex purchases. Together with rampant speculation to maximise the paper value of such items. Isk is effectively being sterilised from the wider economy, leading to reduced velocity of Isk. It also removes the ability for Plex to fulfil it's primary function.

This is a situation that is not just unstable but destructive to the eve economy and player use of said plex.

Plex is a commodity that is designed for use not risk free storage of wealth. It is not a gold standard.

It is insanity to believe that CCP can indefinitely support this imbalance.

This wealth needs to be returned to the wider economy, to stimulate all areas of the game.

I would expect the process would be permenant and fixed NPC sell orders at 500m coupled with a Plex sale of 1$/€/£ over the subscription rate for a transition period. The free market will continue to operate beneath this hard cap.

This would force a transfer of isk held in Plex holdings into the wider economy whilst limiting the overload of fresh isk into the economy.

Yes some players will lose MASSIVE amounts of Paper Isk profits, but will overall mean isk assets and fresh isk generation will be used to fund production and spread throught the economy, (isk velocity).

This would be good for Players, Good for retention, good for activity, and good for the game overall.
Unless plex is dealt with as an Isk limbo, we will see lesser and lesser activity as a result.

I understand that Some plex holders and speculators will loath and hate this concept, but the overall health of EvE is greater than paper profits, that you cannot realise as the velocity of plex has collapsed.
Paper profits are meaningless without large numbers of end users willing and able to purchase plex.

a large quantity of Plex holdings that can actually be sold for 499,999,999 ISK each is more valuable than plex with a 1.3 Bil price tag that sits forever on the shelf unsold, even though a few units might slip out occasionally at the inflated price.
The large holders will realise this, but will be unwilling to crash the market to bring it back to functional levels, without a hard cap to support Plex velocity going forward. They will also be unwilling to act unilaterally, as it would put them at a competitive disadvantage.
A hard cap to plex will affect all large holders equally.

Never going to happen. Too many players will stop subscription and just plex their accounts since this 500 m is achievable in a matter of 50 hours of AFK mining even with semi-newbie skills, not speaking about higher ISK /hour activities.

CCP can compare the Numbers of Plex held versus the velocity of movement.
It appears to have become immobile relatively speaking from the information available.
{Numbers sold vs estimated stocks held.}
Market forces only work in a liquid market.
A small number of speculators Dabbling on the edge of the market, are setting price, not market forces. The market by definition has become illiquid.

I think I should clarify my stance. Stocks held for speculation aside, the rapidity of the plex's buy and sell has not suffered overall on a daily basis, even at these prices. Whatever the plexes on the market are being used for in the end, plex is still experiencing a fluid trade and changing of hands. My statements were never a for or against the prices.

There is no real need for a CCP intervention when a majority of players (including speculators) are carrying on their respective roles as they are with regards to the plex market for their own perceived advantages.

This is becoming damaging to player base. Some friends from my corp already left/ceased to play eve because of plex prices. Not everyone have nice jobs or much real money to play.

And for those who criticize people who compare EVE with real life, that is pretty much how a PLEX bubble is being formed.
I am holding up before the Donchian Channel advises me otherwise.

Plex is a tricky thing in EVE market because it is the one thing that do not follow the pattern "it is just a game". Anything else people just buy for whatever price because "it is just play money". PLEX, on the other hand, will become stale like IRL market once it outprices its utility.