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Plex Prices

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Rhivre
TarNec
Invisible Exchequer
#1181 - 2016-04-29 04:04:04 UTC
Buzz Orti wrote:
+37.99 T x 5 = 189.95 T

(builds enemy Quafe ship in a bottle...)

eve-marketdata
Sellers 0.9 The Forge - Jita : 5 units - 952,900,000 ISK - 1 hour ago

eve-central
Sell Orders
Heimatar [-] 0.9 Rens VI - Moon 8 - Brutor Tribe Treasury : 970,000,000.00 - 1 unit - 2016-05-05 - 11 hours ago



Buzz, what in the world are you talking about

Fluffy Bunny Pic!

Keacha
Science and Trade Institute
Caldari State
#1182 - 2016-04-29 16:04:26 UTC  |  Edited by: Keacha
probag Bear wrote:


But then how did I get the 38 trillion?.. https://m.youtube.com/watch?v=fq3abPnEEGE

:n all seriousness, it's not me. I only made a few small orders. The rest belong to someone I told the method to. His name... "Pear brobag"


Ok I'll bite since people in MD don't seem to understand the game.

You didn't.. You sell to yourself 24% to remove the ISK from escrow. Then put another order up and repeat. Cost 95GTC. That spike of 8000 extra gtc on patch day was mainly you not the patch. Nice attempt to hide it though.

Knowledge is power.. Move along
HeXxploiT
Doomheim
#1183 - 2016-04-29 16:35:41 UTC  |  Edited by: HeXxploiT
Oh how I am tickled by all the rationals in this thread as of late..

The flying spaghetti monster accidentally sneezed and plex came out his rear resulting in a slight oversupply and therefor completely rational reason as to why plex prices are TEMPORARILY dropping.

Lol...
Fydo Skor
Doomheim
#1184 - 2016-04-29 16:51:18 UTC
Keacha wrote:
probag Bear wrote:


But then how did I get the 38 trillion?.. https://m.youtube.com/watch?v=fq3abPnEEGE

:n all seriousness, it's not me. I only made a few small orders. The rest belong to someone I told the method to. His name... "Pear brobag"


Ok I'll bite since people in MD don't seem to understand the game.

You didn't.. You sell to yourself 24% to remove the ISK from escrow. Then put another order up and repeat. Cost 95GTC. That spike of 8000 extra gtc on patch day was mainly you not the patch. Nice attempt to hide it though.

Knowledge is power.. Move along


First, where did you get 95 from? Seems like it would cost a lot more than that.

Second, how does he plan to profit from this? I just see senseless money being thrown away to make a HUGE number of PLEX orders. I guess he can out margin people on PLEX until the end of time?
Keacha
Science and Trade Institute
Caldari State
#1185 - 2016-04-29 18:43:09 UTC  |  Edited by: Keacha
The cost of 95 GTC was just a 5 second guesstimate of what I felt it would cost. Its more like 75 GTC. Very rough math is below.

Before patch the lowest possible sales tax was 0.75%
Before patch the lowest possible Broker Fee was 0.1875%

Placing order up only cost broker fee
Selling to self with 'immediate' option only costs sale tax
Therefore Total Transaction cost about 1%

Currently he has buy orders of 17908 units, however he would have had to sell about 25% of his orders back to himself to get rid of the isk that was tied up in margin trading and use that isk again. i.e. Sold about 4478 plex back to himself.

Therefore put up orders of about 17908+4478 = 22386 plex

22386plex * 1b isk * 0.1875% = 41b isk spent to put up the orders

Cost to sell back to himself would be 4478plex * 1b isk * 0.75% = 33.6b

Total cost is roughly 41b+33.6b = 74.6b or about 75 GTC


75b to someone trading in GTC is nothing. He will make an extra 20 mil per GTC he sells due to the changes in tax/broker rates. Which means he will get his isk cost back in 3750 plexs sales. lets say he does that really really slow and takes a month....

He can do the same over the next 3.77 months with a profit of 283b and all it cost him was 75b in set up money.

Not bad for 4.7 months and that is if he takes it slow. It could done much much quicker. If he bluffs and pushes the price up using his orders as he goes he could make a lot more. I'm always amazed that so many people don't understand trading better or see opportunities more. I missed this one because I don't play like I used to. My bad.

Knowledge is power...
Teckos Pech
Hogyoku
Goonswarm Federation
#1186 - 2016-04-29 19:16:07 UTC
Buzz Orti wrote:
u3pog wrote:
I think someone doesn't want PLEX below 949 999 999.99 ISK...There must be 20K pieces in buy orders at that price.

20,000 / 20% = 20,000 x 0.20 = 4,000 PLExes x 949,999,999.99 ISK (or 949.9m ISK, or 0.949b ISK) =
The result is out of range.
= 37,999,999.996m ISK. (In supposed profit, way over the cost of a Citadel.)
= 37,999.99b ISK = 37.99T ISK, or enough for an XL Citadel + a Palatine / Palladium.

Also, it is extremely hard to conspire to do good.


20,000/20% = 20,000/.2 = 20,000/(1/5) = 20,000*5=100,000.

"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
#1187 - 2016-04-29 19:26:15 UTC  |  Edited by: Teckos Pech
Fydo Skor wrote:
Keacha wrote:
probag Bear wrote:


But then how did I get the 38 trillion?.. https://m.youtube.com/watch?v=fq3abPnEEGE

:n all seriousness, it's not me. I only made a few small orders. The rest belong to someone I told the method to. His name... "Pear brobag"


Ok I'll bite since people in MD don't seem to understand the game.

You didn't.. You sell to yourself 24% to remove the ISK from escrow. Then put another order up and repeat. Cost 95GTC. That spike of 8000 extra gtc on patch day was mainly you not the patch. Nice attempt to hide it though.

Knowledge is power.. Move along


First, where did you get 95 from? Seems like it would cost a lot more than that.

Second, how does he plan to profit from this? I just see senseless money being thrown away to make a HUGE number of PLEX orders. I guess he can out margin people on PLEX until the end of time?


He is hoping the new taxes/fees will drive up the price, which it probably will.

However, the risk is that the price for some other reason does not drop below the price he bought them for. With the number of PLEX being talked about it will likely take awhile to unwind that position and realize the profits.

Oh, and this is not manipulation it is more accurately described as speculation.

"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
Aaron Honk
Distributed Denial of Service
#1188 - 2016-04-29 22:06:41 UTC
probag Bear wrote:


But then how did I get the 38 trillion?.. https://m.youtube.com/watch?v=fq3abPnEEGE

:n all seriousness, it's not me. I only made a few small orders. The rest belong to someone I told the method to. His name... "Pear brobag"



You did like that

https://imgur.com/a/8Tps5
Zahara Cody
Imperial Corrections Service.
#1189 - 2016-04-29 22:20:34 UTC
Its definitely probear and his partner who have put up all of these margin Plex buy orders. Hope it works out . Twisted

Hating is free, that's why poor people do it the best.
probag Bear
Xiong Offices
#1190 - 2016-04-29 22:21:32 UTC
Keacha wrote:
The cost of 95 GTC was just a 5 second guesstimate of what I felt it would cost. Its more like 75 GTC. Very rough math is below.

Before patch the lowest possible sales tax was 0.75%
Before patch the lowest possible Broker Fee was 0.1875%

Placing order up only cost broker fee
Selling to self with 'immediate' option only costs sale tax
Therefore Total Transaction cost about 1%

Currently he has buy orders of 17908 units, however he would have had to sell about 25% of his orders back to himself to get rid of the isk that was tied up in margin trading and use that isk again. i.e. Sold about 4478 plex back to himself.

Therefore put up orders of about 17908+4478 = 22386 plex

22386plex * 1b isk * 0.1875% = 41b isk spent to put up the orders

Cost to sell back to himself would be 4478plex * 1b isk * 0.75% = 33.6b

Total cost is roughly 41b+33.6b = 74.6b or about 75 GTC


75b to someone trading in GTC is nothing. He will make an extra 20 mil per GTC he sells due to the changes in tax/broker rates. Which means he will get his isk cost back in 3750 plexs sales. lets say he does that really really slow and takes a month....

He can do the same over the next 3.77 months with a profit of 283b and all it cost him was 75b in set up money.

Not bad for 4.7 months and that is if he takes it slow. It could done much much quicker. If he bluffs and pushes the price up using his orders as he goes he could make a lot more. I'm always amazed that so many people don't understand trading better or see opportunities more. I missed this one because I don't play like I used to. My bad.

Knowledge is power...


Someone finally got it, and it was someone who didn't even receive all the hints I was broadcasting.
Aaron Honk
Distributed Denial of Service
#1191 - 2016-04-29 22:47:47 UTC
Some data about all of this

https://docs.google.com/spreadsheets/d/1GewsCo1OYLTpTU_B8Pn2c3ap3dUG1CPQkmf32hqIzoo/edit?usp=sharing

As you can see, one order was canceled or busted
Rhivre
TarNec
Invisible Exchequer
#1192 - 2016-04-29 23:04:36 UTC
Aaron Honk wrote:
Some data about all of this

https://docs.google.com/spreadsheets/d/1GewsCo1OYLTpTU_B8Pn2c3ap3dUG1CPQkmf32hqIzoo/edit?usp=sharing

As you can see, one order was canceled or busted



Or sold

Fluffy Bunny Pic!

Sabriz Adoudel
Move along there is nothing here
#1193 - 2016-05-01 15:02:49 UTC
I'm into the PLEX market now, just spent an 11 figure sum buying them. In for the medium to long term hold.

https://forums.eveonline.com/default.aspx?g=posts&m=6359218#post6359218 was my reasoning months ago. I predicted the present dip (expected it to not be as sharp as it was) and made myself liquid in expectation of it.

I support the New Order and CODE. alliance. www.minerbumping.com
Buzz Orti
State War Academy
Caldari State
#1194 - 2016-05-03 16:40:23 UTC  |  Edited by: Buzz Orti
Rhivre wrote:
Buzz Orti wrote:

#1180 - 2016-04-29 00:43:17 UTC
+37.99 T x 5 = 189.95 T

(builds enemy Quafe ship in a bottle...)

eve-marketdata
Sellers 0.9 The Forge - Jita : 5 units - 952,900,000 ISK - 1 hour ago

eve-central
Sell Orders
Heimatar [-] 0.9 Rens VI - Moon 8 - Brutor Tribe Treasury : 970,000,000.00 - 1 unit - 2016-05

-05 - 11 hours ago



Buzz, what in the world are you talking about

...

Edit:
This was on May 1, 2016.
Btw, the EVE Launcher special offers links are still there.

1 PLEX
$19.95

2 PLEX
Save $5.91
$33.99
not $39.90

6 PLEX
Save $19.71
$99.99
not $119.70

13 PLEX
Save $59.36
$199.99
not $259.35

30 PLEX
Save $148.51
$449.99
not $598.50

Those interested in purchasing packages containing 300 or more PLEX may email us at PLEXSales (at) ccpgames (dot) com.
If you have any other questions on PLEX, please contact support (at) eveonline (dot) com.

With PLEX you can:
Buy Low, Sell High
Purchase PLEX to trade on the EVE market
when prices and demand are high. Bulk purchase
options are available for serious traders.


http://imgur.com/a/1HK5u

https://secure.eveonline.com/PLEX/?utm_source=launcher&utm_medium=banner&utm_term=en&utm_content=plex_static&utm_campaign=201604_Citadel_PLEX&_ga=1.231788127.1145034626.1454979100

The current PLEX Special offer , as loaded to MS Internet Explorer from the EVE Launcher link

PLEX STORE
BUY PLEX, USE PLEX SERVICES, TRADE PLEX FOR ISK

1 PLEX
$19.95

2 PLEX
Save $4.91
$34.99

6 PLEX
Save $14.73
$104.97

13 PLEX
Save $29.46
$209.94

30 PLEX
Save $68.74
$489.86

Builds ship in empty Quafe bottle.
Buzz Orti
State War Academy
Caldari State
#1195 - 2016-05-05 11:32:21 UTC
http://imgur.com/stxjsOH
1 PLEX
$19.95

2 PLEX
Save $4.91
$34.99

6 PLEX
Save $14.73
$104.97

12 PLEX
Save $29.46
$209.94

28 PLEX
Save $68.74
$489.86

Can you see the difference?
12 and 13 PLEX is more saving and
30 to 28 PLEX is less saving...

Builds ship in empty Quafe bottle.
Teckos Pech
Hogyoku
Goonswarm Federation
#1196 - 2016-05-05 22:33:18 UTC
Buzz Orti wrote:
http://imgur.com/stxjsOH
1 PLEX
$19.95

2 PLEX
Save $4.91
$34.99

6 PLEX
Save $14.73
$104.97

12 PLEX
Save $29.46
$209.94

28 PLEX
Save $68.74
$489.86

Can you see the difference?
12 and 13 PLEX is more saving and
30 to 28 PLEX is less saving...


Uhmmm what? 68.74/28 = 24.55.


29.46/12 = 2.455. Looks the same to me.

"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
Veine Miromme
Gallente Federation
#1197 - 2016-05-21 01:37:50 UTC
back down to 890m

Ship Type : Out of pod (for now)
Aaron Honk
Distributed Denial of Service
#1198 - 2016-05-23 13:24:32 UTC
Going up ? Big smile
Jinto Rinn
Doomheim
#1199 - 2016-05-23 14:40:48 UTC
Maybe the people crashing the price have run out of plex ? Twisted
Buzz Orti
State War Academy
Caldari State
#1200 - 2016-05-24 21:48:02 UTC
on eve-central.com
Sell Orders (Buy Orders)
905.0 m ISK

Buy Orders
893.7 m ISK buy

m = million in ISK value.


Builds ship in empty Quafe bottle.