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Regulate Plex Trade!
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Hairpins Blueprint
The Northerners
Pandemic Horde
#1 - 2016-01-10 17:04:05 UTC
I know this old, redundant and whet ever you call it.

But it's the only right thing to do, Playing with plex price to make Trilions on jacking up the prices and using the items as investment is not healthy for the game at all.

People buy less plex because they get more isk for it, people hoard draging the volume on the market to bottom and than jacking up the prices.

It's an ever ending cycle that is not good for CCP and casual players in the long run.




The Right solution for this impasse is to make let the item to be sold on the market only once. You can still tarde, contract or donate it.


But having plex trade hands only once will kill the market price manipulation and bring the plex to it's real value.


PLEX is not an regualr item that you can farm from ded sites or anoms, mine it your self or what ever when the market get scamed. It's a Metagame items that is brought to the game by spending real $.

Having that is mind it's insane to treat it as regual in game item and let people scam the shi* out of it. Because there is no way to inject big enough bulk that the Jita traders can't consume and that put fraction of if back on market for much more isk.

And saying that Market wariors are driving the price to it's real value; it's crazy talk and you know it .... it's no real price if there is no competition.


Don't let Few trilionares scam player base. Regulate Plex market by making it tradable on market only once. It will force people to get rid of theire stock and the price will drop, and no one will jack it up again because it will be immposible to do so.
Iain Cariaba
#2 - 2016-01-10 17:08:27 UTC
Reported for redundancy and ranting.

If you don't like how much it costs to PLEX your account, then pay the US$15 subscription fee.
Decarthado Aurgnet
Imperial Combat Engineers
#3 - 2016-01-10 18:18:56 UTC
You realize what you're asking is kind of a big technical hurdle, yes? So far as I know, there's no current way where metadata can be attached to stackable items in such a way that each individual item can be uniquely tracked. If that were doable at this time, then we'd have things like logos on ships showing which corporation manufactured them.

With all due respect ... CCP has said they're not doing things like this. If you still feel like asking for it, then present undeniable world-ending evidence for why it needs to be done right meow and maybe their financial analysts will listen to you.

Remove T2 BPO's or make them inventable at extreme cost.
SurrenderMonkey
State Protectorate
Caldari State
#4 - 2016-01-10 19:33:20 UTC
Quote:
But it's the only right thing to do, Playing with plex price to make Trilions on jacking up the prices and using the items as investment is not healthy for the game at all.


Why do you think making broad sweeping statements with no evidence, or even a vague attempt to support those statements, makes for a compelling argument?

Why should your post not be ignored, or even ridiculed, as the unhinged ravings of someone who failed econ 101?

"Help, I'm bored with missions!"

http://swiftandbitter.com/eve/wtd/
Hopelesshobo
Hoboland
#5 - 2016-01-10 19:53:44 UTC  |  Edited by: Hopelesshobo
Decarthado Aurgnet wrote:
You realize what you're asking is kind of a big technical hurdle, yes? So far as I know, there's no current way where metadata can be attached to stackable items in such a way that each individual item can be uniquely tracked. If that were doable at this time, then we'd have things like logos on ships showing which corporation manufactured them.


The easy solution would be to create a 2nd version of a PLEX and the 2nd one is unable to be put on the market, and when you purchase the current version, you get the new version. Just playing devil's advocate though.

Lowering the average to make you look better since 2012.
Daichi Yamato
Jabbersnarks and Wonderglass
#6 - 2016-01-10 19:59:19 UTC
people are buying more plex than ever before, BECAUSE they get so much isk for it.

EVE FAQ "7.2 CAN I AVOID PVP COMPLETELY? No; there are no systems or locations in New Eden where PvP may be completely avoided"

Daichi Yamato's version of structure based decs
Barrogh Habalu
Imperial Shipment
Amarr Empire
#7 - 2016-01-10 20:17:33 UTC
Hairpins Blueprint wrote:
People buy less plex because they get more isk for it...

I'm not sure how to interpret OP's thought...

Future of T3 cruisers - multi-tool they aspired to be instead of sledgehammer they have become
Danika Princip
GoonWaffe
Goonswarm Federation
#8 - 2016-01-10 20:51:11 UTC
Hairpins Blueprint wrote:
Regulate Plex market by making it tradable on market only once. It will force people to get rid of theire stock and the price will drop, and no one will jack it up again because it will be immposible to do so.



This will massibley reduce the amount of PLEX on the market, right?

Therefore reducing supply, while doing nothing about demand.

Therefore jacking the price HIGHER...
Hairpins Blueprint
The Northerners
Pandemic Horde
#9 - 2016-01-10 21:28:09 UTC
Danika Princip wrote:
Hairpins Blueprint wrote:
Regulate Plex market by making it tradable on market only once. It will force people to get rid of theire stock and the price will drop, and no one will jack it up again because it will be immposible to do so.



This will massibley reduce the amount of PLEX on the market, right?

Therefore reducing supply, while doing nothing about demand.

Therefore jacking the price HIGHER...



No it will massibley increase the amount of PLEX on the market. because people will stop hoarding it. and will stop the price manipulation.
Hairpins Blueprint
The Northerners
Pandemic Horde
#10 - 2016-01-10 21:29:49 UTC
Barrogh Habalu wrote:
Hairpins Blueprint wrote:
People buy less plex because they get more isk for it...

I'm not sure how to interpret OP's thought...



People Buy PLex to put it on market to get Legal ISk for real $

Right now you can buy a maruder for 1 plex.

if plex cost 400 mil, you need to buy 3x plex not one. with is more plex on the market and more money for ccp.
Hairpins Blueprint
The Northerners
Pandemic Horde
#11 - 2016-01-10 21:31:11 UTC
Daichi Yamato wrote:
people are buying more plex than ever before, BECAUSE they get so much isk for it.


No, they buy less, because they get much more isk for it now.

they by few insted of dozen to get same results.
Danika Princip
GoonWaffe
Goonswarm Federation
#12 - 2016-01-10 21:37:03 UTC
Hairpins Blueprint wrote:
Danika Princip wrote:
Hairpins Blueprint wrote:
Regulate Plex market by making it tradable on market only once. It will force people to get rid of theire stock and the price will drop, and no one will jack it up again because it will be immposible to do so.



This will massibley reduce the amount of PLEX on the market, right?

Therefore reducing supply, while doing nothing about demand.

Therefore jacking the price HIGHER...



No it will massibley increase the amount of PLEX on the market. because people will stop hoarding it. and will stop the price manipulation.


I don't think you understand how the market works.

See all those PLEX in Jita? How many do you think were dumped straight to buy orders and then flipped for profit? You'd be removing that entirely, as well as taking every stored PLEX out of the market for good.

That is not going to do good things to the supply. You are not going to suddenly get more people buying PLEX with cash just because you removed the resale market entirely.

Hell. Even if what you want does happen and the price collapses, do you really think people are going to spend $45 instead of $15 to get that marauder?

(Disclaimer: I don't know what the US PLEX price is, because I am not American.)
unidenify
Deaf Armada
#13 - 2016-01-10 21:42:05 UTC  |  Edited by: unidenify
Hairpins Blueprint wrote:
Barrogh Habalu wrote:
Hairpins Blueprint wrote:
People buy less plex because they get more isk for it...

I'm not sure how to interpret OP's thought...



People Buy PLex to put it on market to get Legal ISk for real $

Right now you can buy a maruder for 1 plex.

if plex cost 400 mil, you need to buy 3x plex not one. with is more plex on the market and more money for ccp.


you don't understand market at all

Price for PLEX with real money is constant.

http://i.investopedia.com/inv/tutorials/site/economics/economics5.gif

Supply = people who buy PLEX to sell for isk
higher value PLEX, more people buy it with real money to sell it for isk.
said out of 10 people, in middle, 5 people are willing spent $15 for 1 billion isk, but 9 out of 10 people are willing spent $15 for 5 billion isk. In other hand, only 2 people willing spent $15 for 300 million isk. (higher PLEX sell, more PLEX seller)

Demand = people who buy PLEX to pay month subscriber with isk
higher value, less people will pay it, thus less customers (cheaper PLEX sell, more PLEX buyer)

sudden reduce PLEX to 33% of its original price mean there will be less seller, and buyer will start to bid higher due to more buyers than there would be at 1B point.
Maria Dragoon
Brutor Tribe
Minmatar Republic
#14 - 2016-01-10 21:43:26 UTC
Hairpins Blueprint wrote:
Daichi Yamato wrote:
people are buying more plex than ever before, BECAUSE they get so much isk for it.


No, they buy less, because they get much more isk for it now.

they by few insted of dozen to get same results.


I don't think you understand the basic of marketing.

the price of Plex tends to go up, because people are willing to pay for that price. Those people that get that isk start to use to to buy what ever have you, this in turns results in what ever they buy to go up in price, because now there a higher demand, this in turns means that the isk starts to equal out.

As for people buying less plexes, how do you know? Do you have data proving that people are buying less plexes? Do you have proof that people are just hording them? Because marketing 101 teaches that when you have a higher demand, you need to start making more supply to meet that demand, or someone else will. This means that someone has to be buying more plexes to provide for that demand. And looking on the markets and contracts, there no lack of plexes being sold.

Life is really simple, but we insist on making it complicated. Confucius

"A man who talks to people who aren't real is crazy. A man who talks to people who aren't real and writes down what they say is an author."
Nafensoriel
Brutor Tribe
Minmatar Republic
#15 - 2016-01-10 23:29:09 UTC
This topic comes up every so often and somehow the current price of plex is always terrible and going to ruin the game..
It was funny when plex was at 300m.. its hilarious when plex is at 1b.

You people do understand that your ability to earn isk adjust with the price of plex right?
Netan MalDoran
Hail To The King
The Silent Syndicate
#16 - 2016-01-11 02:35:56 UTC
Hairpins Blueprint wrote:
I know this old, redundant and whet ever you call it.


EXACTLY!

SOOOO, IB4L

"Your security status has been lowered." - Hell yeah it was!

Falcon's truth
Caleb Seremshur
Bloodhorn
Patchwork Freelancers
#17 - 2016-01-11 11:37:33 UTC
There are probably a good deal of items that could/should be obtained from exchanges of an player made item +isk. To deflate the economy and push buying power in to the hands of active players.

I mean we could also just see rats have their bounties dropped again like CCP did when they deployed ESS, just slowly adjust ISK going in to the system down and make items even more about non-capital expenses.
Tabyll Altol
Viziam
Amarr Empire
#18 - 2016-01-11 13:58:35 UTC
Hairpins Blueprint wrote:
I know this old, redundant and whet ever you call it.

But it's the only right thing to do, Playing with plex price to make Trilions on jacking up the prices and using the items as investment is not healthy for the game at all.

People buy less plex because they get more isk for it, people hoard draging the volume on the market to bottom and than jacking up the prices.

It's an ever ending cycle that is not good for CCP and casual players in the long run.




The Right solution for this impasse is to make let the item to be sold on the market only once. You can still tarde, contract or donate it.


But having plex trade hands only once will kill the market price manipulation and bring the plex to it's real value.


PLEX is not an regualr item that you can farm from ded sites or anoms, mine it your self or what ever when the market get scamed. It's a Metagame items that is brought to the game by spending real $.

Having that is mind it's insane to treat it as regual in game item and let people scam the shi* out of it. Because there is no way to inject big enough bulk that the Jita traders can't consume and that put fraction of if back on market for much more isk.

And saying that Market wariors are driving the price to it's real value; it's crazy talk and you know it .... it's no real price if there is no competition.


Don't let Few trilionares scam player base. Regulate Plex market by making it tradable on market only once. It will force people to get rid of theire stock and the price will drop, and no one will jack it up again because it will be immposible to do so.


So you know it why are you open a post, but to make it sure.

The raising Plex prices are good for the buyers, to be honest the amount a plex is worth is in my eyes still to low.

so a no from me

-1
Mag's
Azn Empire
#19 - 2016-01-11 14:02:21 UTC
Yeah no. Plex prices need to reach at least 2 billion tbh. They are way too cheap atm.

Destination SkillQueue:- It's like assuming the Lions will ignore you in the Savannah, if you're small, fat and look helpless.
Frostys Virpio
State War Academy
Caldari State
#20 - 2016-01-11 16:01:48 UTC
If anything about PLEX need to be regulated, it's the amount of thread about their trading/prices...
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