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Thoughts on PLEX prices and what can possibly be done.

Author
Anthar Thebess
#161 - 2015-10-21 07:53:57 UTC  |  Edited by: Anthar Thebess
Ima Wreckyou wrote:
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.


Yes and no.
People who plexed alt accounts from the excessive isk , now need to farm much more or look for a plex somewhere else.

Maximum price for the plex is defined by CCP , and can vary much when you consider non USD/EURO currency based countries. For some people subscription is like 1 hour of work , for others it is like 1 day of work ( some parts of Russia, most of the China population , bigger part of Africa).

On the other hand ISK payout is the same all across the RL.
In order to earn for plex ( for RMT or not) you need :
( usually 1 char )
- 5 hours of running good higsec missions/ incursions
- 3 hours of running good nullsec missions
( per char)
- 2 hours running FW
- 1 hour running LVL 5 / good WH sites
- 7 hours of carrier ratting / smart bombing null anomalies ( selling escalations).


This calculation base on the assumption you know what you are doing , have skilled chars , and you want to do it.
Like you see there are many ways to abuse the system.

People ( teenagers ) coming from poor countries can make good , local, income by farming and selling plex.

Lets take into consideration FW ( low skill required , very small initial investment)
4 characters doing missions.
Farming 8 hours a day / 20 days in month.

Time needed to plex them : 8 hours.
Number of PLEX that can be farmed during rest of the time : (each char earning 4 plexes daily ) 19 * 4*4 = 304 plexes
Now take into consideration , that for some people 1 plex value is a 1 day income in poor countries.

You could say that i over estimated this values.
But they are real for people that know what they do.

Isk value of the plex is not important here , as long as there are big differences between EVE players RL income, and you can farm stuff for isk endlessly every day .
Ima Wreckyou
The Conference Elite
Safety.
#162 - 2015-10-21 11:36:22 UTC
Anthar Thebess wrote:
Ima Wreckyou wrote:
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.


Yes and no.
People who plexed alt accounts from the excessive isk , now need to farm much more or look for a plex somewhere else.
What has that to do with what I just wrote? No one cares how hard it is to farm that ISK. If anything then the increasing PLEX prices show that it is too easy to farm ISK or that CCP scared away a lot of people who used to sell PLEX on the market.
Anthar Thebess
#163 - 2015-10-21 12:33:46 UTC  |  Edited by: Anthar Thebess
Not exactly, as more expensive plex makes people from rich countries to pursue ways to acquire cheaper way to play the game , and for people from poor countries there is no difference how expensive is plex in terms of isk , as long they can sell one at higher rate than base hour pay.

For example.
Person for UK , average play 5 hours a week.
Income 200mil / h

Plex price 500mil , time needed to farm one 2,5hours ( so only half of a weekly play time to pay for an alt account - acceptable for many people)
Plex price 1.2bil , time needed to farm one 6hours ( over a week of play time to pay for the alt plex)

If this person can get 2 PLEX for a hourly pay from other than CCP source it can think about pursuing it.
This is stupid , but again how many stupid things you can find on killboard, how many people get scammed every day in eve.

https://en.wikipedia.org/wiki/List_of_European_countries_by_average_wage

Look at this , and remember that average pay is not minimal pay , so in every country you will find people earning half of average pay.
Compare this to Plex price - and then think about all people running multiple carriers/FW/Incursions 23/7.

It looks like in Ukraine and in Russia there are people that earn enough to buy less than 10 plexes/monthly for a whole monthly pay.

10 plexes = 12 bilion.
People multi box FW bombers and make this kind of isk on a weekly basis.

Don't tell that possibility to earn in a week more than a monthly pay is not appealing to some people.

Lets not forget about players from this poorer countries - something that for UK players is incontinent - for them is much more harsh.
Keeping an alt account paid using $ for a total of a 1/5 of monthly pay is not an option.

So from my perspective , high in game plex price is actually promoting RMT transactions for poor player.
I always wondered how much PLEX is worth on the russian local black market.
meh plop
Imperial Academy
Amarr Empire
#164 - 2015-10-22 05:15:20 UTC
How to make Plex price drop.

it has never been a demand/supply issue. PLEX are in a quantity I would not call scarce. but there is less impulsive seller

Aurum may comfort the seller that his plex will eventually sell so there no price war.

But let focus a bit on Why price has gone up
what is the most probable cause for PLEX price explosion is simply based on the tritanium price

everything tritanium based cost almost double than 2 years ago. so do miner producer get that much richer... heh, nope.


Ban the code, prevent their perma-hulkaggedon, and maybe thing will calm a bit on plex market

how many miners had to buy sell a plex to get a new barge (or 2 or 3), consequence the trita go up, and it's an unending spiral.


The code is disrupting economy for every players, so i guess it's a breach of code of conduct, hence : CCP must ban the code
Hasikan Miallok
Republic University
Minmatar Republic
#165 - 2015-10-22 05:15:30 UTC
Anthar Thebess wrote:
Not exactly, as more expensive plex makes people from rich countries to pursue ways to acquire cheaper way to play the game , and for people from poor countries there is no difference how expensive is plex in terms of isk , as long they can sell one at higher rate than base hour pay.

For example.
Person for UK , average play 5 hours a week.
Income 200mil / h

Plex price 500mil , time needed to farm one 2,5hours ( so only half of a weekly play time to pay for an alt account - acceptable for many people)
Plex price 1.2bil , time needed to farm one 6hours ( over a week of play time to pay for the alt plex)

If this person can get 2 PLEX for a hourly pay from other than CCP source it can think about pursuing it.
This is stupid , but again how many stupid things you can find on killboard, how many people get scammed every day in eve.

https://en.wikipedia.org/wiki/List_of_European_countries_by_average_wage

Look at this , and remember that average pay is not minimal pay , so in every country you will find people earning half of average pay.
Compare this to Plex price - and then think about all people running multiple carriers/FW/Incursions 23/7.

It looks like in Ukraine and in Russia there are people that earn enough to buy less than 10 plexes/monthly for a whole monthly pay.

10 plexes = 12 bilion.
People multi box FW bombers and make this kind of isk on a weekly basis.

Don't tell that possibility to earn in a week more than a monthly pay is not appealing to some people.

Lets not forget about players from this poorer countries - something that for UK players is incontinent - for them is much more harsh.
Keeping an alt account paid using $ for a total of a 1/5 of monthly pay is not an option.

So from my perspective , high in game plex price is actually promoting RMT transactions for poor player.
I always wondered how much PLEX is worth on the russian local black market.



The issue with PLEX is it has always had something of a "pay to win" component and a 14 year old kid from a country where an hours work at a gas station after school buys you a PLEX can afford to throw stuff away in PVP while a player from some other part of the world may be able to afford to pay for sub every second month if they are lucky.

That has not changed, its just the current higher PLEX prices have put the issue in the spotlight and also brought a lot of the "you suck for living in the wrong country if you have no money for subs go play some other game and stop annoying me" types out of the woodwork.
Anthar Thebess
#166 - 2015-10-22 06:32:11 UTC
Yes i am aware the "stop being poor" tag.
Sometimes is not about this , but about kids playing this game , and when a plex price is close to 1 day work in some specific country , kid cannot ask parents for paying this.

I don't think that plex will be cheaper.
CCP is connecting it to much to AURUM and stuff you can buy for it.

The only good thing is reduction of alt accounts all across the eve.
Black Pedro
Mine.
#167 - 2015-10-22 09:14:19 UTC
meh plop wrote:
How to make Plex price drop.

it has never been a demand/supply issue. PLEX are in a quantity I would not call scarce. but there is less impulsive seller

Aurum may comfort the seller that his plex will eventually sell so there no price war.

But let focus a bit on Why price has gone up
what is the most probable cause for PLEX price explosion is simply based on the tritanium price

everything tritanium based cost almost double than 2 years ago. so do miner producer get that much richer... heh, nope.


Ban the code, prevent their perma-hulkaggedon, and maybe thing will calm a bit on plex market

how many miners had to buy sell a plex to get a new barge (or 2 or 3), consequence the trita go up, and it's an unending spiral.


The code is disrupting economy for every players, so i guess it's a breach of code of conduct, hence : CCP must ban the code

Really? PLEX is too high so ban CODE? The meta-gaming never stops...

First, if miners are really buying PLEX and selling it on the market for ISK to replace barges, that is actually lowering the price of PLEX. More supply = lower prices.

But really, if miners are buying PLEX to be able to afford mining ships they are doing it wrong. Mining is a PvE activity which is suppose to generate resources for the players. If they are losing more ISK mining than they are making from the resources so they need to buy a PLEX, they would be better just not mining at all.

PLEX prices are only on the way up. The ability to sell skill points will cause a proliferation in alt accounts that will be farmed mostly for SP, and used on the side for PI, industry, and yes, near-free gank alts for CODE. Right now you can plow PLEX into an alt-account for resale on the Character Bazaar, but with the SP change you can do that much more efficiently, and on a month-to-month basis so you can react to the market. Rich players will be basically subsidizing these huge alt farms needed to supply the SP demand, and these farms in turn will require large amount of PLEX to run which will send the price sky-high. Predicting how high is a fools game as it depends on how much these super rich players value SP, but judging from the prices of these Blood Raider Cerebral Accelerators, players are very keen to pay for SP. I would not be surprised at a doubling of PLEX prices within 3-6 months of SP extractors going into the game.

Nicolai Serkanner
Incredible.
Brave Collective
#168 - 2015-10-22 10:44:44 UTC
meh plop wrote:
How to make Plex price drop.

it has never been a demand/supply issue. PLEX are in a quantity I would not call scarce. but there is less impulsive seller

Aurum may comfort the seller that his plex will eventually sell so there no price war.

But let focus a bit on Why price has gone up
what is the most probable cause for PLEX price explosion is simply based on the tritanium price

everything tritanium based cost almost double than 2 years ago. so do miner producer get that much richer... heh, nope.


Ban the code, prevent their perma-hulkaggedon, and maybe thing will calm a bit on plex market

how many miners had to buy sell a plex to get a new barge (or 2 or 3), consequence the trita go up, and it's an unending spiral.


The code is disrupting economy for every players, so i guess it's a breach of code of conduct, hence : CCP must ban the code


Calm down miner!
lmmortalist
lmmortality Associates
#169 - 2015-10-22 11:17:50 UTC
meh plop wrote:
How to make Plex price drop.

it has never been a demand/supply issue. PLEX are in a quantity I would not call scarce. but there is less impulsive seller

Aurum may comfort the seller that his plex will eventually sell so there no price war.

But let focus a bit on Why price has gone up
what is the most probable cause for PLEX price explosion is simply based on the tritanium price

everything tritanium based cost almost double than 2 years ago. so do miner producer get that much richer... heh, nope.


Ban the code, prevent their perma-hulkaggedon, and maybe thing will calm a bit on plex market

how many miners had to buy sell a plex to get a new barge (or 2 or 3), consequence the trita go up, and it's an unending spiral.


The code is disrupting economy for every players, so i guess it's a breach of code of conduct, hence : CCP must ban the code

hahaha hohoho hehehe huhuhu
Shade Alidiana
PROSPERO Corporation
#170 - 2015-10-22 11:20:44 UTC  |  Edited by: Shade Alidiana
meh plop wrote:
How to make Plex price drop.

it has never been a demand/supply issue. PLEX are in a quantity I would not call scarce. but there is less impulsive seller

Aurum may comfort the seller that his plex will eventually sell so there no price war.

But let focus a bit on Why price has gone up
what is the most probable cause for PLEX price explosion is simply based on the tritanium price

everything tritanium based cost almost double than 2 years ago. so do miner producer get that much richer... heh, nope.


Ban the code, prevent their perma-hulkaggedon, and maybe thing will calm a bit on plex market

how many miners had to buy sell a plex to get a new barge (or 2 or 3), consequence the trita go up, and it's an unending spiral.


The code is disrupting economy for every players, so i guess it's a breach of code of conduct, hence : CCP must ban the code


I can't completely agree. And trit prices.. I remember how did they change. I don't know why. Just at one nice night people started putting buy orders for 5 isk per piece. While there were still sell orders for 3. I've made quite a lot of money hauling trit from 2nd to 1st, accelerating transfer. But trit haven't change much since then. It all happened in one night.

And CODE actually seems useful to me, because marked is overcrowded with minerals and other stuff. Back in 2011, I could buy 10 Hurricanes or Drakes for 1 plex. Now I can buy 20.
Kaivar Lancer
Doomheim
#171 - 2015-10-22 16:36:19 UTC
Anthar Thebess wrote:


For example.
Person for UK , average play 5 hours a week.
Income 200mil / h



How da fuk do you make 200m per hour?
Hole Checker
Black Hole Navy
#172 - 2015-10-22 16:54:39 UTC
get out of highsec that's how most people complaining bout plex prices are probably in highsec and up set they cant play for free in the safety of concord

In a c3 wormhole you can easily make 200 mil an hour with a rattlesnake

The only reason plex prices are so high is cause population has dropped some and less people are buying plex with real money and at the same time ccp has added new things you can do with plex besides get free game time so when demand is rising but supply has dropped guess what happens the price goes up
lilol' me
Comply Or Die
Pandemic Horde
#173 - 2015-10-22 16:55:03 UTC
Simple stop paying stupid prices .. if you all just boycotted buying plex for a week or more prices will reduce.
Jonah Gravenstein
Machiavellian Space Bastards
#174 - 2015-10-22 17:30:01 UTC
Kaivar Lancer wrote:
Anthar Thebess wrote:


For example.
Person for UK , average play 5 hours a week.
Income 200mil / h



How da fuk do you make 200m per hour?
Short of possibly Incursions I too am wondering this, lvl 4 missions certainly don't get 200m/hr

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack

Shade Alidiana
PROSPERO Corporation
#175 - 2015-10-22 17:51:54 UTC  |  Edited by: Shade Alidiana
lilol' me wrote:
Simple stop paying stupid prices .. if you all just boycotted buying plex for a week or more prices will reduce.


That would work, but we need our subs running. We'd need some ways of informing EVERYONE to not buy PLEX, but that would include the sellers, so they would know the demand drop is temporary and not care much. So, this boycotte isn't that simple to arrange. It would work if we started selling PLEX directly to those needing it at a reduced price, without involving market, but I'm not that rich IRL. And that would require ways to inform people just as well.
Shade Alidiana
PROSPERO Corporation
#176 - 2015-10-22 17:53:15 UTC
Jonah Gravenstein wrote:
Kaivar Lancer wrote:
Anthar Thebess wrote:


For example.
Person for UK , average play 5 hours a week.
Income 200mil / h



How da fuk do you make 200m per hour?
Short of possibly Incursions I too am wondering this, lvl 4 missions certainly don't get 200m/hr


FW and WH can do that. Also, you can add production as a background income.
Jonah Gravenstein
Machiavellian Space Bastards
#177 - 2015-10-22 21:54:39 UTC
Shade Alidiana wrote:
Jonah Gravenstein wrote:
Kaivar Lancer wrote:

How da fuk do you make 200m per hour?
Short of possibly Incursions I too am wondering this, lvl 4 missions certainly don't get 200m/hr


FW and WH can do that. Also, you can add production as a background income.
Indeed they will, unfortunately Anthar was specifying hisec income at those numbers and time periods earlier in the thread, which automatically excludes FW and WH stuff.
Anthar Thebess wrote:
In order to earn for plex ( for RMT or not) you need :
( usually 1 char )
- 5 hours of running good higsec missions/ incursions
I would love to see where he's pulling these numbers from; because while Incursions may well pay out on that level, lvl 4 missions, even including LP as income, generally do not.

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack

Hasikan Miallok
Republic University
Minmatar Republic
#178 - 2015-10-22 22:26:21 UTC
Jonah Gravenstein wrote:
Kaivar Lancer wrote:
Anthar Thebess wrote:


For example.
Person for UK , average play 5 hours a week.
Income 200mil / h



How da fuk do you make 200m per hour?
Short of possibly Incursions I too am wondering this, lvl 4 missions certainly don't get 200m/hr



You can, some people even hit 300m in an hour, basically by blitzing burners in blinged up frigates and declining nearly everything else BUT very few people can do that reliably. It trashes your agent standing but so long as you have good corp/faction standing and keep the agent above -2.0 you can still use the agent.

However very few people will ever hit 200 mill an hour and even fewer can do that reliably hour in and hour out. I suspect 95% of the mission runner alts out there make more like 30 to 60 mill an hour.

Jonah Gravenstein
Machiavellian Space Bastards
#179 - 2015-10-22 22:30:07 UTC
Hasikan Miallok wrote:
Jonah Gravenstein wrote:
Kaivar Lancer wrote:
Anthar Thebess wrote:


For example.
Person for UK , average play 5 hours a week.
Income 200mil / h



How da fuk do you make 200m per hour?
Short of possibly Incursions I too am wondering this, lvl 4 missions certainly don't get 200m/hr



You can, some people even hit 300m in an hour, basically by blitzing burners in blinged up frigates and declining nearly everything else BUT very few people can do that reliably. It trashes your agent standing but so long as you have good corp/faction standing and keep the agent above -2.0 you can still use the agent.

However very few people will ever hit 200 mill an hour and even fewer can do that reliably hour in and hour out. I suspect 95% of the mission runner alts out there make more like 30 to 60 mill an hour.

So basically he's using an outlier as his benchmark for the income from missions, the truth is closer to 20 hours of hisec missions than it is 5.

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack

Anthar Thebess
#180 - 2015-10-23 08:20:26 UTC
Actually not.
200mil per hour in higsec is possible.
Incursions are easiest way to do it.
Missions also. Burners help, but are not mandatory.
Generally my assumption is that person know what he/she is doing - simple example , mission runner that use only 1 char to pull missions , and sit in 0.5 having only 1 lvl 4 agent available - is generally doing it wrong.

Optimal way to do it is to have at least 3 agents in a system and at least 3 characters to take (cycle) missions , you do only most profitable and fast ones.

Missions require investment not only in case of time but also isk.
How many times i see mission runners moving 3-4 jumps away in different direction to make next mission.
Even in a machariel you are waste tons of time - my mission running chars have ships seeded in all systems that mission can occur.
This took time , but i move between locations in a warp speed fitted ceptor.

Standings?
My characters dedicated to running missions are hated by all but 2 higsec factions - as faction missions provide good tags drop.
Combining this elements can put you to very high isk/h.