Market Discussions

22 MAR update: Somebody talked to CSM, and CSM in return talked to CCP about what's been discussed in this thread. CCP came to their senses. Broker fee will not (cannot. LOL) be refunded

---

We should ask where that broker fee reimbursement ISK will come from.
As I see it, CCP has two options here:

A) Pi*s off all Citadel owners by f*cking their wallets, or
B) Duplicate and inject free ISK into the system (because Citadel broker fees are not removed from the game).

And how will CCP calculate the fees to be repaid?

1) Dig through the records for each standing order and pay back the actual fees accumulated
=> again, where would the ISK come from?

2) Calculate the fee at the time of change based on the applicable broker fee rate
=> so I could jack up my citadel's broker fee right before the downtime and everyone who placed PLEX order there receives free ISK? (or I could troll by setting the fee 0.0%) And again, where would the ISK come from?

3) 3% NPC station rate blanket repayment
=> again, free ISK for the people who placed PLEX orders with lower broker fee rates


I'm ok with the new miniPLEX thing, but I really hope CCP plans this thing thorough.

Agree. Too bad it's not what they say they gonna do

Sounds very EVE-like to me. NO POORS!

this is a variant on what probag did with the plex wall :)

The flip side of it is, what happens if you set corp orders and dont have a corp office when CCP cancels?

Previously they have ended up in impound, which is a bit pricey

Salty because the OP defeats your plans with public posting?

It wouldn't be too hard for CCP to implement this change without screwing up the market or handing out tons of free ISK (a back of the envelope calculation shows a tidy profit for me even if I substract the fortizar as a loss). Just replace all existing orders with orders for the new PLEX token, adjusting prices and volume as appropriate, and they can even give every trader 5 ISK to account for rounding errors.

This could easily result in corp wallets winding up in the negative twelve figures.

12 figures? you mean 100B+ in broker fees? That's utterly ridiculous. According to EVE Market Data, there's currently about 1.3T (trillion) in PLEX buy orders on the entire EVE market and another 0.7T in sell orders. That's a grand total of a little over 2T in PLEX orders on the market. Even if you assume that half of those are at player controlled stations (though it's less) and then also generously assume a 1.5% broker fee (though it's usually less), that's a maximum of 15B in broker fees that have been paid to players.

Considering I could pay that by myself (and I'm certainly nothing special in regard to my EVE finances), it's hard to weep for such a potential loss being absorbed by the entirety of the rich player base selling PLEX. And that's assuming that CCP takes it from the station owners- they may very well simply print the money because 15B isn't going to destabilize the market in the least.

You overlook that owners can set the fee to 50% and spawn fantasy buy orders for PLEX on their own using the margin trade skill and reinvesting the fees they get into new orders until they run out of funds (10T, 100T, 1000T?). Then sit back and wait for the (almost) ISK doubling on patch day, if the fees are spawned and refunded.

No, what I'm talking about is potential impact to players and station owners who are playing the game within the letter and spirit of the rules. What you're describing is an exploit that CCP can deal with on a case by case basis. Anyone willing to risk a ban or suspension by setting up a bunch of bogus orders at extravagant broker's fees knows the risk. If they think the risk is worth the reward, then I say more power to them. That's part of playing the game too.

The catch-22 is that the only way to fly under the radar with such an exploit is to make so little isk that it's not worth the risk. But to make the reward worthwhile virtually ensures that you'll get caught.

This reimbursement issue is virtually meaningless to people playing within the rules. It's only an issue to people attempting to exploit. If those people take the risk and make some money, I don't care. But I also don't care if CCP drops the hammer on them.

TL; DR: I can't come up with a reason to care one way or another. Neither does 99.99% of the player population. An issue that's only an issue to 0.1% of the player base isn't an issue.