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10,000 PLEX from Dr. E?

Author
mechtech
Ice Liberation Army
#41 - 2012-03-24 05:12:04 UTC
Scrapyard Bob wrote:
Tebb1288 wrote:

5000 PLEX or so may have been spent on the HD package, but there were quite a few innovated people who were purchasing the stream, selling the ship and shirt, and using the profit off of that to purchase another stream, sell, repeat.


Which is a heck of a lot of PLEX leaving the game forever in a short period of time.

Demand > Supply = Prices Rise in EVE

The 10k PLEX held by CCP now (consider it "seized assets") would allow them to remove about 4-5 trillion ISK from the economy as an ISK sink. Which may not be a bad goal.


You're right about the first part (these PLEXes will never see the market, so PLEX supply should seem lower for a while), but there is no isk sink involved with this.

Assuming these PLEX would have otherwise been sold (and they wouldn't, they would power up thousands of new bot accounts), it simple means a transfer of isk from player 1 -> player 2, which is not destroying any isk (an isk sink).

In the end, this will probably have zero impact in the PLEX market. These PLEXes were meant to give time to new bot accounts and keep bot accounts active, and they were already effectively removed from the economy at large. The only clear conclusion to make is less bots active == less demand for PLEX (bots use PLEX).
Scrapyard Bob
EVE University
Ivy League
#42 - 2012-03-24 05:30:58 UTC
mechtech wrote:

You're right about the first part (these PLEXes will never see the market, so PLEX supply should seem lower for a while), but there is no isk sink involved with this.


This would be one of the rare cases where the transfer of a PLEX to another player is an ISK sink - because the ISK used in the transaction is flowing into CCP's hands. Once it lands in CCP's wallet, I don't see them going out and buying other things with the ISK, so the ISK does leave the economy forever.
Vaal Erit
Science and Trade Institute
Caldari State
#43 - 2012-03-24 06:35:11 UTC
If I am correct in my space accounting information, CCP will be getting a $15 x 10,000 = $150,000 boost in revenue/gain without providing any services in exchange for these banned PLEXs. This money could be used for a cool event for the loyal players or donated to charity instead of a new yacht for the CEOs imo.
Wyke Mossari
Staner Industries
#44 - 2012-03-24 08:29:18 UTC

In most cases, players that buy PLEX for real money will either sell them or use them, in that they are unlikely to bot. Botting players buy their PLEX off the market for ISK. Therefore the paying players DID receive their service. While it's possible a few retail PLEX buyers have been banned for other things they are likely to be a tiny minority.

I don't think those PLEX will ever be used by Dr E. they will stay on the banned accounts until it is deleted, if that ever happens.
Adunh Slavy
#45 - 2012-03-24 10:06:33 UTC
mechtech wrote:

Scrapyard Bob wrote:

The 10k PLEX held by CCP now (consider it "seized assets") would allow them to remove about 4-5 trillion ISK from the economy as an ISK sink. Which may not be a bad goal.




Well in this special case, they would likely be an ISK sink, or perhaps an ISK reserve that would only be used in the case of PLEX price going too low, an unlikely concern with the current money supply.

The reason it is sink like, in this case, is because the ISK would owned by CCP, and a CCP "central bank" who has very little motivation to buy anything with that ISK, except PLEX in the mentioned low price.

Also, 4-5 trillion ISK is not much impact when the base is expanding by ~26 trillion a month.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

Tobiaz
Spacerats
#46 - 2012-03-24 10:45:35 UTC
Lucinda Hamu wrote:
Why not just destroy them and keep everything as is?


They are going to use them to curb the fluctuations on the PLEX-market.

Operation WRITE DOWN ALL THE THINGS!!!  Check out the list at http://bit.ly/wdatt Collecting and compiling all fixes and ideas for EVE. Looking for more editors!

Tobiaz
Spacerats
#47 - 2012-03-24 10:46:49 UTC
Tebb1288 wrote:
Scrapyard Bob wrote:
Adunh Slavy wrote:

I would caution expecting much price rise. The moral suasion, as Claire hinted will have an impact and 10,000 PLEX to cap the market at whatever level they decide is good, isn't something to be ignored. There's only one place that asset can go, on the market.


10k sounds like a lot - but how many people bought the HD stream? The number I heard (while not paying strict attention) was about 5000 people ponied up a PLEX to watch the stream?


5000 PLEX or so may have been spent on the HD package, but there were quite a few innovated people who were purchasing the stream, selling the ship and shirt, and using the profit off of that to purchase another stream, sell, repeat.


Except you can only buy one HD-stream per account.

Operation WRITE DOWN ALL THE THINGS!!!  Check out the list at http://bit.ly/wdatt Collecting and compiling all fixes and ideas for EVE. Looking for more editors!

Acac Sunflyier
The Ascended Academy
Space Potatoes Alliance
#48 - 2012-03-24 10:48:51 UTC  |  Edited by: Acac Sunflyier
What kind of an impact would it be if CCP just suddenly decided to dump all 10,000? Would the dip be short or long term?



Edit: I'm unsure how responsible that would be of CCP though. I mean how many banned plex go into the pool annually? It can't be that many. I'm sure that 10,000 took a while to get up. However, they do want plex prices to be reasonable to keep players playing and maybe even attract new customers. And with new customers, comes more people who'd buy and sell plex and it'd be the fire they would have lit to begin some sort of stability.
Alain Kinsella
#49 - 2012-03-24 14:32:48 UTC  |  Edited by: Alain Kinsella
Florestan Bronstein wrote:
hmm.... we already had that discussion Pirate
[-snip- suggestion of using PLEX from banned accounts:]
http://community.eveonline.com/ingameboard.asp?a=topic&threadID=1526384&page=2#59 [bottom of page]


Thanks for finding that, I was gonna go track it down myself. Cool

I'm still shocked that he actually gave a number this year (he did not want to disclose it last year, but it seemed obvious that he was tracking it). Makes me feel like he's getting desperate.

"The Meta Game does not stop at the game. Ever."

Currently Retired / Semi-Casual (pending changes to RL concerns).

Soldarius
Dreddit
Test Alliance Please Ignore
#50 - 2012-03-25 09:18:44 UTC
A PLEX sitting on an acct has no bearing on the market. It's not until the thing is actually listed that it has any pull or push.

PLEX bought with cash and then stuck on banned accts is free money to CCP that they don't have to reimburse through game-time. Thus, someone down the road is gonna buy another one. Why on CCP's dark Eve would they move them from one acct to another, or destroy and spawn new ones? It is entirely to their fiscal advantage to leave them on the banned accts.

Theoretically, if CCP were to despawn those PLEX, it could trigger some nasty legal repercussions. (Maybe/maybe not, I'm not a lawyer.)

It is entirely within the power of GMs or whoever in CCP to spawn stuff at will. (T20 anyone?) If they decide to start fiddling with the PLEX market, I seriously doubt they will do it by shooting themselves in the financial foot by spawning PLEXes that aren't paid for.

http://youtu.be/YVkUvmDQ3HY

Acac Sunflyier
The Ascended Academy
Space Potatoes Alliance
#51 - 2012-03-25 10:54:17 UTC
Well! That graphics card deal just kind of ruined any hope of lowered isk prices.
Scrapyard Bob
EVE University
Ivy League
#52 - 2012-03-25 14:37:49 UTC
Soldarius wrote:

Theoretically, if CCP were to despawn those PLEX, it could trigger some nasty legal repercussions. (Maybe/maybe not, I'm not a lawyer.)


Since they would count as "siezed" assets (because they were assets in a banned account, which means CCP can do what they will with the contents of that account due to breaking the EULA) - CCP could probably do anything they wanted with those items.

And if they're legally not allowed to destroy them, they could simply "virtually" destroy them by leaving them rot in the banned account.
Cedo Nulli
Royal Amarr Institute
Amarr Empire
#53 - 2012-03-26 03:52:54 UTC
My god ...

What a pointless thread.

Oneguy thinks CCP will get more money for not touching those plexes on the dead accounts. Newsflash ... they got the money the moment some player bought the plex with real money. Not when its traded for gametime eventually. If someone along the line chooses to destroy the plex either by blowing up or by "crashing and burning" his own account. So what ?


Others think CCP would for some absurd reason pick up all the plex from the dead accounts and put them for sale 0.o ?
Why in high heavens would they do that ? Account properties of the banned players are still property of the banned players .. they are just denied access.

Its abit like walking into someones house thats been sent to jail and taking his car from the garage because "He aint using it" .. even thou the car is legally his.

And to further make the thread pointless ... Im quite certain EULA states that whats in the accounts is legally CCPs and they are just renting it out for cash.
Florestan Bronstein
Ministry of War
Amarr Empire
#54 - 2012-03-26 06:07:29 UTC  |  Edited by: Florestan Bronstein
Cedo Nulli wrote:
Oneguy thinks CCP will get more money for not touching those plexes on the dead accounts. Newsflash ... they got the money the moment some player bought the plex with real money. Not when its traded for gametime eventually. If someone along the line chooses to destroy the plex either by blowing up or by "crashing and burning" his own account. So what ?

... and minerals you mine yourself are free

If the PLEX is used for gametime CCP has to provide a service in exchange for the money, if the PLEX isn't used for gametime but destroyed/forgotten CCP gets the money without having to provide a service in return and might get an additional PLEX sale (because somebody somewhere would have wanted to use that first PLEX for gametime and will now buy another one)

Of course it's better for CCP to leave the PLEXes on dead/banned accounts alone - unless you consider the impact of high PLEX prices in general (the business model of EVE in one sentence: new players pay the subscription price for old players and old players create the content that attracts new players).

Cedo Nulli wrote:
Account properties of the banned players are still property of the banned players .. they are just denied access

Im quite certain EULA states that whats in the accounts is legally CCPs and they are just renting it out for cash.

just putting those two statements next to each other.
Goran Konjich
Krompany
#55 - 2012-03-26 10:19:35 UTC
Florestan Bronstein wrote:

just putting those two statements next to each other.


Bear hihi

I'm a diplomat. Sometimes i throw 425mm wide briefcases at enemy. Such is EVE.

Ireland VonVicious
Vicious Trading Company
#56 - 2012-03-26 19:49:06 UTC  |  Edited by: Ireland VonVicious
My bet is that CCP will use them in order to keep plex prices at a point that makes them the most money.

It's a bell curve for those of you who seem to be missing the point.

When a new player wants to buy a 1bil ship he would have to buy 4 plex if plex is 250mil value.
He only has to buy 2 at 500mil value. So more money for ccp if the price is low.

On the other side of the coin if they release all this plex in the market 1 out of every so many plex won't be new profit.
This could hurt ccp income too much. You also have the 250mil price something a lot of players could afford with isk and would not be paying for thier accounts.


Simple version is if plex is too cheap ccp could lose money. If plex is too high ccp could lose money. What they mean by an equalibriam is when the market is set perfectly "according to CCP" at the top of the bell curve where they make the most money.

I'd be shocked if they don't manipulate the market slowly both ways with this plex that is already paid as it's in thier best interest. (( Also they probly wouldn't even talk about it much less give a number if they weren't going to ))
Say no to the fed! No eve central bank! On average it will just cost the player base more money.
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