Player Features and Ideas Discussion

The idea is:
You want to buy a super. You don't have the ISK. So: You purchase PLEX, sell for ISK, get the super. But higher the ISK value of the PLEX, fewer you need to purchase to get your super. Ive talked to people involved with supers, and they say this is happening. It is a mechanism that causes supply to drop despite the price increase.
On the other side, more people decide to get supers. But that is ultimately limited by the number of player who can fly a super.
Result: It's unclear what ISK value of the PLEX results in the greatest sale volume of PLEX for CCP.

OFC you are right, but Plex is the item outside of the sand box. What if Jita trades were able to manipulaet the price of Game time on CCP's site? would it be cool that few trilinares could scam the whole community? you have everything to play with; plex is just item like no other, so other rules should apply to it.

So you can buy eaven less to get more? way is that so?


The price of plex should be controled by supply and demnad, not Jita traders.


And plex beeing traded on market only once seems to be the best way to deal with the problem.

Because you can still trade / contract or donate it.

You haven't made a substantive argument that a problem even exists, let alone one that needs to be dealt with.

sigh


This thread again I see.

I'd like to see an explanation of how this market manipulation works. If you spend trillions driving up the price of PLEX and are sitting on alot of PLEX with a high price, yes you have made substantial gains, but those gains are only on "paper" until you sell the PLEX and realize those gains. But by selling PLEX you are going to start driving the price down. So explain how this mechanism works. If a player or even a group of players have tried to buy up PLEX to drive up the price how exactly are they going to unwind from that position?

Further, what is to stop others from cashing in their PLEX stash? I am willing to bet some people who are ISK rich and don't know where to park all that ISK in game park it in PLEX figuring it will, over time trend up as PLEX prices have. So if you jack up the price artificially, what is to stop people from selling more PLEX?

Or here is a thought...why is the current price wrong? CCP has been tying PLEX to more and more things in game. Not just game time, but other things as well.

And this statement,



Let me see, I'll get more ISK if I hold for...how long? For the last 3 months. Further, if I've bought a PLEX for RL money and want to sell it in game that implies I want ISK now. Holding onto that PLEX is going to cost me in that I don't get the ISK I want/need now. If anything the higher the ISK price of PLEX in game means more will be sold, all other things considered.

I find these claims of manipulation to be completely unfounded. Nobody can put forward a convincing strategy. They just say, "Of course there is manipulation....because, and you're an idiot if you disagree." That is some compelling argument right there.

Never has a truer word be more inadvertently spoken.

Exactly, there can be no supply and thus no demand without people trading in PLEX. Where exactly do people think supply comes from? Unicorns?

Holy crap.

OMG....

Look, the thing you are missing is that people have budget constraints in real life. That is, suppose a player needs 1.2 billion ISK, back when PLEX were 300 million a player would have to drop $80. Now, he drops $20. In which situation would people be more willing to buy 1.2 billion worth of ISK? Many people would consider $80 too much, but $20...okay.

In other words, the higher price in game translates into increased demand in the out of game market.

Yep. It's called "price elasticity of demand", though in this case, it's slightly removed from the standard description as the price itself for the plex item is a fixed feature, but the translated price for ISK is not.

I do it with PI.

I run three accounts and PLEX two of them with just the PI money.