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players and plex prices

Author
Yorku
Hypnotic Anarchy
Fraternity.
#1 - 2015-11-15 00:31:45 UTC
Hi CCP,

Im a conserned eve player. I have 3 accounts I currently have 2 active I pay for with real money.

Now what am i conserned about: the plex prices and the amount of new players that seem to keep playing eve. It seems to me that there is a decline in active accounts and this seems to have to do with the plex prices.

So i think to be able to enjoy the game I love and you keep making better for us. We need to make it more interesting to buy a plex outside of the game. I mean you gave us alot of ways to spend our plex in the game, but players need incentives to buy more plexes outside of the game so the players that want to play for free can buy those acces plex from them and we don't lose perfectly fine but Irl poor players to high plex prices in the game.

I have a few suggestions for exemple:

Players that buy a couple of plexes and or have a subscription to eve (players that pay CCP with Real money) get small gifts from you. (think random ship skins or something else im sure you can come up with random gifts)

The plex price, why is it cheaper to get plexes from a reseller then it is from your own webpage.

Plex deals, we need people to buy 300 plex to decrease the prices.

Last but not least, cheaper plex means more active accounts means a bigger chance we get a big fight that makes it to the frontpages again. And that increases our fun and your income.

Kind regards,

A conserned player
Anise Tig'res
Doomheim
#2 - 2015-11-15 01:07:35 UTC
How about we just sever the Character transfer for PLEX, Re-customization for plex and AURUM for PLEX connections, and have those services traded for Aurum we can buy and sell in the market?
Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#3 - 2015-11-15 01:28:03 UTC
Came expecting a rage post about how plex price is too high, so CCP should decrease cost and/or required usage while still magically maintaining income....

And was pleasantly surprised (although I do love arguing economics with people)

I agree that, if CCP wanted to decrease plex costs, the only way would be to increase the incentive to buy the item itself, not cut prices or add durability or such silly suggestions.


Anise Tig'res wrote:
How about we just sever the Character transfer for PLEX, Re-customization for plex and AURUM for PLEX connections, and have those services traded for Aurum we can buy and sell in the market?


But that wouldn't really fix anything, because they're mostly used for game time, plus it'd only trade plex inflation for aurum inflation.

This is a signature.

It has a 25m signature.

No it's not a cosmic signature.

Probably.

Btw my corp's recruiting.

Nevyn Auscent
Broke Sauce
#4 - 2015-11-15 02:48:47 UTC
Plex inflation is mainly driven by investor speculation, not actual use of the plex.
There are people rich enough to single handedly manipulate the EVE market now and they are the ones who drive plex prices.

Look at the number of them being traded, it's held pretty steady.
Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#5 - 2015-11-15 03:29:42 UTC
Nevyn Auscent wrote:
Plex inflation is mainly driven by investor speculation, not actual use of the plex.
There are people rich enough to single handedly manipulate the EVE market now and they are the ones who drive plex prices.

Look at the number of them being traded, it's held pretty steady.


1. I want to know how that stupid rumor got started, about 2 trillion isk passes through Jita a day in plex last time I checked, to manipulate such a massive market would require a huge effort and would only last a few days for being extremely risky.

2. Maybe it's been traded steadily simply because plex is and always has been worth one month? I.e. the 30k accounts that get game time through buying plex always need to, they don't have to plex twice as often or anything. Also, investor speculation is based on exactly what it says, 'speculation'. Not manipulation. Speculation is betting your money that it's price will go up, so that you can cash out later. They're speculating on the demand (i.e. the 30k accounts or so payed through in game plex if you look at Jita moving amount) is greater than the supply, so that it will go up. They aren't creating artificial demand.

You have to realize, Plex isn't like a fiat currency where $1 = nothing and can be printed (well technically it can, but not realistically for Eve unless a multi-millionaire decides to). It's a commodity, and although the demand has stayed roughly the same the supply has always been shorter than the demand. That's what they're hoping will continue.

This is a signature.

It has a 25m signature.

No it's not a cosmic signature.

Probably.

Btw my corp's recruiting.

Feledain
Elmsfeuer
#6 - 2015-11-15 03:34:01 UTC
hm...

yes, plex deals
maybe new sub models
lets say:

1 year abo costs 131,40 = 10,95€ / month
1 year + 1 plex every month 262,80€ = 21,90€ /month
we can call it a fun year package

make the purchase of plex a more or less a passiv thing, this way some people may get accostomed to sell a plex every so often to wreck stuff more careless
Teckos Pech
Hogyoku
Goonswarm Federation
#7 - 2015-11-15 05:49:03 UTC
Yorku wrote:
Hi CCP,

Im a conserned eve player. I have 3 accounts I currently have 2 active I pay for with real money.

Now what am i conserned about: the plex prices and the amount of new players that seem to keep playing eve. It seems to me that there is a decline in active accounts and this seems to have to do with the plex prices.


Unfortunately the data do not support this position. One can only come to this conclusion by looking only at part of the data. That is the correlation you are noting is most likely spurious.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online

Teckos Pech
Hogyoku
Goonswarm Federation
#8 - 2015-11-15 05:52:45 UTC
Bobb Bobbington wrote:
Came expecting a rage post about how plex price is too high, so CCP should decrease cost and/or required usage while still magically maintaining income....

And was pleasantly surprised (although I do love arguing economics with people)

I agree that, if CCP wanted to decrease plex costs, the only way would be to increase the incentive to buy the item itself, not cut prices or add durability or such silly suggestions.


Anise Tig'res wrote:
How about we just sever the Character transfer for PLEX, Re-customization for plex and AURUM for PLEX connections, and have those services traded for Aurum we can buy and sell in the market?


But that wouldn't really fix anything, because they're mostly used for game time, plus it'd only trade plex inflation for aurum inflation.


The only thing CCP can really do is lower the OOG price. That would increase the amount sold and then lead to more being on the IG market and lower the IG price...at least for awhile.

You'll note that the IG price is trending upwards. An OOG price reduction will have a one time effect on the price IG.

As for reducing the other uses of PLEX such as character transfer that would reduce the demand and could reduce the price IG.

Of course, if a paying subscriber also buys a PLEX that is extra revenue for CCP....why you'd want to cut CCP's revenue stream is beyond me. Well, okay I have some ideas, but they don't speak well of you, so we'll just leave it at that.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online

Teckos Pech
Hogyoku
Goonswarm Federation
#9 - 2015-11-15 05:55:49 UTC
Yorku wrote:


Last but not least, cheaper plex means more active accounts....


Not necessarily, there are other things one can use a PLEX for than adding game time to an account. In fact, this is likely one of the reasons why PLEX prices have been steadily rising. As CCP make the PLEX able to be used in different ways it increases the demand in game which leads to...you guessed it a higher price.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online

Teckos Pech
Hogyoku
Goonswarm Federation
#10 - 2015-11-15 06:03:28 UTC
BTW, I'd be curious to see the chain of reasoning here as to why higher PLEX prices are driving players away. The only reason I can see is that people are failing to grasp the concept of opportunity cost. That is, these players are the kind of people that will sit in line for a hour to save $0.10/gallon on gasoline.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online

Sitting Bull Lakota
Poppins and Company
#11 - 2015-11-15 07:52:30 UTC
Teckos Pech wrote:
... That is, these players are the kind of people that will sit in line for a hour to save $0.10/gallon on gasoline.



Hey now
Nevyn Auscent
Broke Sauce
#12 - 2015-11-15 08:21:48 UTC
Bobb Bobbington wrote:


1. I want to know how that stupid rumor got started,

Because CCP confirmed it themselves that most plex pass through several investor hands before actually being used. And that certain unnamed investors were buying and hoarding large stashes of plex, like up to a thousand or more.

And 2 trillion is well within the reach of people to manipulate.
Yorku
Hypnotic Anarchy
Fraternity.
#13 - 2015-11-15 10:05:24 UTC  |  Edited by: Yorku
Teckos Pech wrote:
Yorku wrote:
Hi CCP,

Im a conserned eve player. I have 3 accounts I currently have 2 active I pay for with real money.

Now what am i conserned about: the plex prices and the amount of new players that seem to keep playing eve. It seems to me that there is a decline in active accounts and this seems to have to do with the plex prices.


Unfortunately the data do not support this position. One can only come to this conclusion by looking only at part of the data. That is the correlation you are noting is most likely spurious.


Maybe the data doesn't correspond with my views but we all know players that made the choice not to pay with a subscription and relay on a plex, maybe you do or you pay an alt with a plex. I for one know players that left eve for it some for a while and others for good. But lets be realistic, if the price was lower would you have more active accounts? I'm sure i would so, and im sure alot of other toons are inactive due to the high prices of plex.

On the whole speculation game in jita, if thats really the reason the prices are as high as they are, its a **** move and please stop it for the well being of the game.

To my opinion eve has to complete with alot of free to play games these days, i remember starting eve as a 14 year old kid. Im wondering how many eve players these days are younger then 18, please surprise me with the data, but these kids can't afford the subscription and leave eve after the trial period simply because of the high plex prices.
Teckos Pech
Hogyoku
Goonswarm Federation
#14 - 2015-11-16 04:49:04 UTC
Yorku wrote:
Teckos Pech wrote:
Yorku wrote:
Hi CCP,

Im a conserned eve player. I have 3 accounts I currently have 2 active I pay for with real money.

Now what am i conserned about: the plex prices and the amount of new players that seem to keep playing eve. It seems to me that there is a decline in active accounts and this seems to have to do with the plex prices.


Unfortunately the data do not support this position. One can only come to this conclusion by looking only at part of the data. That is the correlation you are noting is most likely spurious.


Maybe the data doesn't correspond with my views but we all know players that made the choice not to pay with a subscription and relay on a plex, maybe you do or you pay an alt with a plex. I for one know players that left eve for it some for a while and others for good. But lets be realistic, if the price was lower would you have more active accounts? I'm sure i would so, and im sure alot of other toons are inactive due to the high prices of plex.

On the whole speculation game in jita, if thats really the reason the prices are as high as they are, its a **** move and please stop it for the well being of the game.

To my opinion eve has to complete with alot of free to play games these days, i remember starting eve as a 14 year old kid. Im wondering how many eve players these days are younger then 18, please surprise me with the data, but these kids can't afford the subscription and leave eve after the trial period simply because of the high plex prices.


My point is, that when PLEX prices were very low they were likely under valued. The cost of the game is pretty much unchanged. Here in the US it is about $14.95. If one insists on paying via PLEX and PLEX prices are rising it means one has to allocate more and more of their leisure time to do so. If one has LOTS of leisure time then fine. If one does not, oh well, then get out the credit card. If neither option is feasible, well then it is the case that one will probably have to stop playing.

Nobody is entitled to play Eve Online, just as nobody is entitled to cable television, an internet connection, eating at restaurants, or other various luxury items. You either pay via cash or you pay via your leisure time. If neither trade works for you then...stop playing.

And you maybe right that Eve's player base is aging and is one reason why players online if falling. Eve has a steep learning curve and that represents a high level of fixed costs (if not sunk costs) which may dissuade quite a few younger players who may not be as inclined to incur those costs (millenials seem to disinclined to do much of anything that entails high fixed costs, IMO, probably due to helicopter parents). Over coming that kind of a cultural chasm will be a difficult trick, IMO. And you will not do it via some sort of asinine "fix" to PLEX prices. Things like price caps tend to have a really ****** record as a policy tool.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online

Teckos Pech
Hogyoku
Goonswarm Federation
#15 - 2015-11-16 04:51:26 UTC
Sitting Bull Lakota wrote:
Teckos Pech wrote:
... That is, these players are the kind of people that will sit in line for a hour to save $0.10/gallon on gasoline.



Hey now


Sorrry, but even if you have a huge 20 gallon tank it means you'd be just as happy to work for $2/hour or your current wage--i.e. you are wildly over paid and getting a huge amount of consumer surplus. So take that consumer surplus and shut and go home happy. P

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online

Zimmer Jones
Aliastra
Gallente Federation
#16 - 2015-11-16 05:56:20 UTC
I thought part of the problem stems from unfortunate RL events like certain countries citizens unable to have verified credit transactions, forcing them to play4plex.

Add to that a war on botting leading to higher mineral prices, and the quick consolidation of large null alliances( demand for infrastructure by new null groups trying to establish themselves) and the nullsec importing of low grade mins to make fun new null stuff, plus the ever popular hoarding.... There's more but I'm not an economist, I'm just wondering why people in a war driven economic simulation don't try to piece more of the big picture together.

Use the force without consent and the court wont acquit you even if you are a card carryin', robe wearin' Jedi.

erg cz
Federal Jegerouns
#17 - 2015-11-16 12:25:36 UTC  |  Edited by: erg cz
Yorku wrote:


Last but not least, cheaper plex means more active accounts means a bigger chance we get a big fight that makes it to the frontpages again. And that increases our fun and your income.



I do not think, that number of kills decreased in the same rate as number of active accounts. Yes, there are players like me, who fights occasionaly and I plan to stop playing after I will consume my last accumulated PLEX. Indeed. But most accounts stoped because of PLEX prices are mining alts or stuff like this. So no big deal for players looking for fight.
HandelsPharmi
Pharmi on CharBazaar
#18 - 2015-11-16 12:50:27 UTC
If everybody would buy PLEX instead of a subsription, the demand for PLEX would increase and prices as well :)

Basic market rules... oh my god.
Yorku
Hypnotic Anarchy
Fraternity.
#19 - 2015-11-16 16:42:44 UTC
HandelsPharmi wrote:
If everybody would buy PLEX instead of a subsription, the demand for PLEX would increase and prices as well :)

Basic market rules... oh my god.



Clearly but thats not what my post is about.

My post is about we need to think of ways to convince players to buy more plex with their irl money.

Im not saying i have a fix, im just saying make it more interesting to buy a plex.
Serendipity Lost
Repo Industries
#20 - 2015-11-16 18:02:34 UTC
Bobb Bobbington wrote:
Came expecting a rage post about how plex price is too high, so CCP should decrease cost and/or required usage while still magically maintaining income....

And was pleasantly surprised (although I do love arguing economics with people)

I agree that, if CCP wanted to decrease plex costs, the only way would be to increase the incentive to buy the item itself, not cut prices or add durability or such silly suggestions.


Anise Tig'res wrote:
How about we just sever the Character transfer for PLEX, Re-customization for plex and AURUM for PLEX connections, and have those services traded for Aurum we can buy and sell in the market?


But that wouldn't really fix anything, because they're mostly used for game time, plus it'd only trade plex inflation for aurum inflation.



They wouldn't have to increase incentive to decrease the costs. They could just flat out make a PLEX a fixed isk value.

There isn't an acutal requirement for PLEX to be fluid in value.

Being that PLEX is on the boundary between real money and ISK there are some very reasonable arguements for making PLEX a fixed value and being done with it. It's RL money value is fixed on the reality end, there is no reason CCP couldn't fix it on the fantasy end also.

You can argue all the econoimics hoo haw you want, but at the end of the day, none of it has to apply to the cost of a PLEX on either end of a PLEX transaction.

You want the real isk value of a PLEX? Take away the resale option. Once a PLEX is purchased for isk - bind it to that account. Add a simple rule that you can't sell a character that has unredeemed PLEX on the account.
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