These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

EVE General Discussion

 
  • Topic is locked indefinitely.
 

Thoughts on PLEX prices and what can possibly be done.

Author
Shade Alidiana
PROSPERO Corporation
#141 - 2015-10-20 07:54:38 UTC
Hasikan Miallok wrote:
Frostys Virpio wrote:
[quote=Malcanis]

Well barring a few exception, most people probably have more power to jack PLEX price up than down. I would guess it's easier to increase demand by buying a bunch of PLEX off the market than buying enough PLEX to have any lasting downward effect on the market.


Wasn't the whole point in CODE supposed to be to keep PLEX prices down by getting rid of the excessive demand for PLEX created by multiboxed miners ?

Bad thing is, not only multiboxed. But as I already said, they're a good and healthy thing for EVE, even though I'll still shoot them. Just because I think it's right personally, not globally.
atif09
Ltd Angel
#142 - 2015-10-20 08:37:38 UTC
There's only ONE way to solve this issue

If you buy plex off the market it becomes untradeable, if for some reason you need to resell the plex back on market you can pay 10% isk value of the plex to reactivate and sell it for a loss at which point it will become untradeable for the new owner
Aoife Fraoch
The Scope
Gallente Federation
#143 - 2015-10-20 09:02:31 UTC  |  Edited by: Aoife Fraoch
atif09 wrote:
There's only ONE way to solve this issue

If you buy plex off the market it becomes untradeable, if for some reason you need to resell the plex back on market you can pay 10% isk value of the plex to reactivate and sell it for a loss at which point it will become untradeable for the new owner


Lock plex to a character? That sure will fix it. I can't see anyone wanting to buy a plex to trade for isk after that change. Not after the price drops through the floor due to a lack of activity on the market.

One more thing, what makes you think that 'unlock' fee won't just be added to the price
atif09
Ltd Angel
#144 - 2015-10-20 09:46:42 UTC
Aoife Fraoch wrote:
atif09 wrote:
There's only ONE way to solve this issue

If you buy plex off the market it becomes untradeable, if for some reason you need to resell the plex back on market you can pay 10% isk value of the plex to reactivate and sell it for a loss at which point it will become untradeable for the new owner


Lock plex to a character? That sure will fix it. I can't see anyone wanting to buy a plex to trade for isk after that change. Not after the price drops through the floor due to a lack of activity on the market.

One more thing, what makes you think that 'unlock' fee won't just be added to the price



There was a similar issue with another game called runescape.

this character lock + reactivation fee fixed the plex(bonds) of that game
Anne Dieu-le-veut
Natl Assn for the Advancement of Criminal People
#145 - 2015-10-20 13:27:51 UTC
I can't wait for the tears over PLEX prices is this SP selling thing goes live!
ArmyOfMe
African Atomic.
#146 - 2015-10-20 14:04:21 UTC
Anne Dieu-le-veut wrote:
I can't wait for the tears over PLEX prices is this SP selling thing goes live!

I can't wait to see the tears when the pcu drops even further cause of plex prices.

GM Guard > I must ask you not to use the petition option like this again but i personally would finish the chicken sandwich first so it won´t go to waste. The spaghetti will keep and you can use it the next time you get hungry. Best regards.

Anne Dieu-le-veut
Natl Assn for the Advancement of Criminal People
#147 - 2015-10-20 14:18:08 UTC
ArmyOfMe wrote:
Anne Dieu-le-veut wrote:
I can't wait for the tears over PLEX prices is this SP selling thing goes live!

I can't wait to see the tears when the pcu drops even further cause of plex prices.


Oh no! Some people playing for free might stop playing!
Seven Koskanaiken
Shadow Legions.
Insidious.
#148 - 2015-10-20 14:38:01 UTC  |  Edited by: Seven Koskanaiken
Malcanis wrote:
DaReaper wrote:
for the 900000000000000000000000th, nothing can be done about plex prices.

Plex is set via supply and demand...


So increasing supply and/or reducing demand wouldn't work then?



Well, you could throttle isk faucets or cut the £/$ price on the website.

Don't think the first would help much seeing if someone quits now because they can't make a PLEX, they'd be unlikely to make a PLEX at half the price using PVE that takes twice as long or is twice as hard. Which leaves...convincing CCP to cut their income....
Dabby Holder
Imperial Academy
Amarr Empire
#149 - 2015-10-20 14:58:23 UTC
Calum Raholan wrote:
Gillia Winddancer wrote:
What needs to be done about PLEX prices? Absolutely nothing.

This rapid increase is an obvious outcome now that there are more and more uses for PLEX. Throw in the usual inflation on top and this is what you end up with.

I've said it before and I'm saying it again: if you don't like the PLEX prices then you either ask mommy to lend you her credit card, you grind more in order to keep up with market demand or you stop playing the game.


And here we have the key issue with this debate, "or you stop playing the game."

I've made many points in my previous posts about why people may not want to subscribe to EVE, such as already being subscribed to another game they are committed to. We are trying to address the issue of people leaving and the problem is there seems to be three main groups that are involved when these threads on plex prices pop up:

Group 1 - The people who buy PLEX with ISK, these people want prices to go down.
Group 2 - The people selling ISK they have either purchased from CCP or bought at lower prices, these people want the prices to go up.
Group 3 - The people have no interests in PLEX who decide to not add to the actual conversation and simply make the comment get a job, which we've already disproved as a reason people may not be subscribing. Now we can argue here that there is a 4th group that support a decrease in PLEX prices, but have to interest in them, however I have observed this to be a far smaller minority.

Now what we need is a 4th (or 5th depending on your opinion of Group 3) group that consists of people that both have an interest and don't have an interest in price of PLEX. Rather a group that is interested in the well being of CCP and EVE Online as a whole. This discussion is focused round plex prices in terms of losing players which will have both a negative impact on CCP and the game. Now many of you have demonstrated that you are part of this 4th (or 5th) group throughout this topic and I greatly appreciate that, however can we please leave comments such as those quoted here out of the discussion.


The "get a job" statement is rather assuming alot when the realities for a lot of people is or could be complex.
ArmyOfMe
African Atomic.
#150 - 2015-10-20 16:30:36 UTC
Anne Dieu-le-veut wrote:
ArmyOfMe wrote:
Anne Dieu-le-veut wrote:
I can't wait for the tears over PLEX prices is this SP selling thing goes live!

I can't wait to see the tears when the pcu drops even further cause of plex prices.


Oh no! Some people playing for free might stop playing!

Roll Are you trying to act like a ****** or is that the way you normaly is?

You do realise that even tho those players play for "free" as you call it, CCP still gets the money for their accounts, so please come back when you have even the sightest idea of what your talking about.

GM Guard > I must ask you not to use the petition option like this again but i personally would finish the chicken sandwich first so it won´t go to waste. The spaghetti will keep and you can use it the next time you get hungry. Best regards.

Anne Dieu-le-veut
Natl Assn for the Advancement of Criminal People
#151 - 2015-10-20 17:34:40 UTC  |  Edited by: Anne Dieu-le-veut
Seven Koskanaiken wrote:

Well, you could throttle isk faucets or cut the £/$ price on the website.

Don't think the first would help much seeing if someone quits now because they can't make a PLEX, they'd be unlikely to make a PLEX at half the price using PVE that takes twice as long or is twice as hard. Which leaves...convincing CCP to cut their income....


Turning down the ISK faucets might work. Cutting the IRL price of PLEX won't. If I can sell a PLEX for 1.5B, that's what I'm selling it for, regardless of what I paid for it.

ArmyOfMe wrote:


Roll Are you trying to act like a ****** or is that the way you normaly is?

You do realise that even tho those players play for "free" as you call it, CCP still gets the money for their accounts, so please come back when you have even the sightest idea of what your talking about.


Are you so mad you can't type straight, or is English not your native language?

They get the money from the person who bought the PLEX, not the freeloader. Since PLEX are still selling just fine in game, they aren't overpriced. The more uses CCP comes up with for PLEX, the more ISK people will be willing to pay for them, so the price is going to keep going up. Better deal with it.

I don't care who can't play because they don't have the ISK for a PLEX. They're not entitiled to have someone else pay for their account. If people don't want to be at the mercy of people selling PLEX, they can always subscribe. If they don't feel the game is worth subbing to, why even play it?
Jungle Wild
Northern Freight Unlimited
Young Miners Christian Association
#152 - 2015-10-20 19:34:58 UTC
Gully Alex Foyle wrote:
Yeah, just an idea, don't know if it makes sense or not. CCP have the numbers and - I hope - the knowledge to decide.

We would basically have 6-7 versions of PLEX sold in the market at any given time. For example, today in Jita we'd have:

. PLEX Oct15
. PLEX Nov15
. PLEX Dec15
. PLEX Jan16
. PLEX Feb16
. PLEX Mar16
. PLEX Apr16

PLEX Oct15, usable onyl until the end of this month, would naturally be sold at a discount compared to the others. PLEX Apr16 would maybe be the most expensive, as it offers traders a wider window to exchange it.

Maybe traders would run 'fire sales' towards the end of each month, with bargain opportunities.

Could be fun, could work, don't know P

+1
This is actually an interesting idea. I'd be so fun to see what happens to those 250.000 PLEXes stockpiled somewhere if this gets implemented.
Hasikan Miallok
Republic University
Minmatar Republic
#153 - 2015-10-20 22:40:29 UTC  |  Edited by: Hasikan Miallok
atif09 wrote:
Aoife Fraoch wrote:
atif09 wrote:
There's only ONE way to solve this issue

If you buy plex off the market it becomes untradeable, if for some reason you need to resell the plex back on market you can pay 10% isk value of the plex to reactivate and sell it for a loss at which point it will become untradeable for the new owner


Lock plex to a character? That sure will fix it. I can't see anyone wanting to buy a plex to trade for isk after that change. Not after the price drops through the floor due to a lack of activity on the market.

One more thing, what makes you think that 'unlock' fee won't just be added to the price

There was a similar issue with another game called runescape.

this character lock + reactivation fee fixed the plex(bonds) of that game


Jungle Wild wrote:
Gully Alex Foyle wrote:
Yeah, just an idea, don't know if it makes sense or not. CCP have the numbers and - I hope - the knowledge to decide.

We would basically have 6-7 versions of PLEX sold in the market at any given time. For example, today in Jita we'd have:

. PLEX Oct15
. PLEX Nov15
. PLEX Dec15
. PLEX Jan16
. PLEX Feb16
. PLEX Mar16
. PLEX Apr16

PLEX Oct15, usable onyl until the end of this month, would naturally be sold at a discount compared to the others. PLEX Apr16 would maybe be the most expensive, as it offers traders a wider window to exchange it.

Maybe traders would run 'fire sales' towards the end of each month, with bargain opportunities.

Could be fun, could work, don't know P

+1
This is actually an interesting idea. I'd be so fun to see what happens to those 250.000 PLEXes stockpiled somewhere if this gets implemented.





Just have them expire within 3 months of being offered for sale (original purchaser for cash can sit on them indefinitely but after they are placed on the market they gain a 3 month use by date ) :D

Now that could result in some interesting fire sales when speculative PLEX start to get too close to the "use by date" and people need to sell them or lose their entire value.
Barakach
Caldari Provisions
Caldari State
#154 - 2015-10-21 02:00:17 UTC
https://en.wikipedia.org/wiki/Metcalfe%27s_law

Even if some players play for "free", they overall add more value to the game.

The counter argument is that those "customers" drove up the demand for plex less than the current market, which in theory means demand is up. At the same time, trade volume is down, but trade volume may not represent plex consumption.

The counter-counter argument is this may reduce long-term game play value more than the short term gained revenue from selling more plex.

Time will tell.
Divine Entervention
Doomheim
#155 - 2015-10-21 02:04:09 UTC
dammit I bought 6 plex the day before the discount.

Now I have to buy another 6 more just to say I made use of the price difference.
Otso Bakarti
Doomheim
#156 - 2015-10-21 03:43:49 UTC  |  Edited by: Otso Bakarti
Break it down. It's a matter of math, not philosophy. MMOs are engines for inflation in their make-believe economies. None are immune. PLEX (as with the Nyx model for $1800) is priced using highly-inflated currency - ISK. You're bridging two currencies with part of this transaction process - ISK and real world currency. The two are not matched in inflation rate. People do tend to take seriously the value of real world money in comparison to in-game money, oddly enough.

MMOs have inflation built into them as they add in-game currency as rewards for game activity. They all do. This is the same as printing money with no limits, or parameters as a guide. The more money in circulation, the less that money is worth. To get back what they've put into something, sellers will adjust prices to match the actual value of currency, not the face value in print there with that historical figure's portrait, and cute little confidence building slogan.

We, of course, want the money to be worth what is printed on it. If it says "10 ISK" we want it to buy what 10 ISK has always bought since time immemorial. HOWEVER, this cannot be, without game management going into the database and altering values across the board, as well as all instances where said values are mentioned. Which do you want, a game that works, or a market simulator that's as accurate as a Swiss watch? CCP can't hire staff for both, neither can Donald Trump.

PLEX prices are set by players against the backdrop of this greater economy. Their pricing has a lot to do with demonstrated player behavior. The plain and simple of it is, if no one buys it, all the sellers can do is go in and lower the prices. At first, of course, they'll be stiff-necked about it and refuse to budge. Eventually, they'll see the light and start by tiny increments to lower their sale prices.

Of course, they'll be greedily watching the pricing of other sellers, being careful not to drop their price precipitously, but trying to undercut their competition while still making an obscene profit. The longer the buyers hold out, though, the more they'll drop those prices because, as I said, there's nothing else they can do. They can't toss in a vacation to the Bahamas, or repaint the PLEX for you - add cupholders, or other "improvements". They literally have no choice.

Yet, as we all know, NO BODY IS GOING TO DO THAT. People who don't pay with real money will continue to bend over and take it from the sellers. Ain't no saint gonna come and save yah. This is pretty much how the oligarchs have gained control over the greater economy we know so well. They KNOW we'll never get together in a united front, and sacrifice to force their hands. So, they just keep stickin' it to us, and we keep takin' it, complainin' all the while, but still shelling out the bucks paying for their vacations in the Bahamas, (while we Google "vacation" to prove to ourselves it's still a word.)

SO...it's STUPID to discuss this. It's an either/or situation. Either everyone bans together and boycotts the sellers until they yield, OR...continue to get it through the backdoor, and learn how to take it with a smile. And....

...you're welcome.

Cool


TL;DR Judging by the post which immediately followed, I guess a PS is needed in the form of a TL;DR.
CCP will NEVER make a rule, or create a policy to affect PLEX prices. NEVER EVER EVER. WHY???
(You may ask.) Because they know ultimately the players can control this if they bother to DO IT.
IPSO FACTO - If we don't bother to fix it, we must deep down inside really like the way it is,
so why "fix" it if it ain't broke? After all, talk is cheap. It's what you DO that counts.

There just isn't anything that can be said!

Eli Stan
Center for Advanced Studies
Gallente Federation
#157 - 2015-10-21 03:49:03 UTC
Anne Dieu-le-veut wrote:
Turning down the ISK faucets might work. Cutting the IRL price of PLEX won't. If I can sell a PLEX for 1.5B, that's what I'm selling it for, regardless of what I paid for it.


If PLEX costs less IRL money for you, it costs IRL money for everybody. So everbody buys more PLEX and puts them on the market. PLEX prices would inevitably go down. The key point is you won't be able to get 1.5B ISK for your PLEX.
Divine Entervention
Doomheim
#158 - 2015-10-21 05:43:19 UTC
Anyone ever play that game for the snes P.T.O. ? Pacific Theater of Operations.

Is there one for the PC?

That game was so fun.

something something plex price too low or too high
Shade Alidiana
PROSPERO Corporation
#159 - 2015-10-21 06:07:02 UTC
Divine Entervention wrote:
Anyone ever play that game for the snes P.T.O. ? Pacific Theater of Operations.

Is there one for the PC?

That game was so fun.

something something plex price too low or too high


Clarify?
Ima Wreckyou
The Conference Elite
Safety.
#160 - 2015-10-21 06:35:36 UTC
The purpose of PLEX is not to make EVE free2play but to battle RMT. So the more expensive PLEX is the better it works because it is more competitive with illegal 3rth party RMT. So higher PLEX prices are actually better.