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So Plex Prices climbing again

Author
Dinsdale Pirannha
Pirannha Corp
#21 - 2012-08-16 20:53:42 UTC
MIrple wrote:
Lets blame FW also they are making way to much isk doing that now lets nerf that back into the stone age.

Also posting in a stealth buff incursions in hi sec thread


I am not going to get into the FW travesty that is currently occurring.
I hate the huge mess that CCP has created there, but the fact is the FW loopholes create huge amounts of LP, not ISK. The result is the people running the plexes with 5 day alts with no weapons are drawing wealth to them, but not adding ISK into the game.

Oh man, I sound like the null sec zealots attacking Incursions.
baltec1
Bat Country
Pandemic Horde
#22 - 2012-08-16 20:56:36 UTC
Dinsdale Pirannha wrote:
To those that suggest that the plex spike is based on miners re-upping their accounts, I can see that.
So does that mean that we are looking at a new price point, or is this transitory?

And it does not change the fact that the anti-high sec whiners will soon be beating their drums again, ignoring facts.


When the price of everything starts to climb rappidly again then we can talk of beating the war drums.
Eternal Error
The Scope
Gallente Federation
#23 - 2012-08-16 20:58:05 UTC  |  Edited by: Eternal Error
Dinsdale Pirannha wrote:
Can't wait for the same people who blamed Incursions for the previous spike to now start blaming L4 missions.

Given the timing, it's going to take serious effort/statistics to convince me it's anything other than AFK mining/miners resubbing.
Nicolo da'Vicenza
Viziam
Amarr Empire
#24 - 2012-08-16 21:00:51 UTC  |  Edited by: Nicolo da'Vicenza
Dinsdale Pirannha wrote:
To those that suggest that the plex spike is based on miners re-upping their accounts, I can see that.
So does that mean that we are looking at a new price point, or is this transitory?

And it does not change the fact that the anti-high sec whiners will soon be beating their drums again, ignoring facts.


In all honesty, none of us can say for certain what's causing the latest PLEX spike. We can only make educated guesses on what the cause most likely is based on available information (recent mining barge updates, knowledge of the playstyle of highsec miners). Only Doctor Eggnog with direct access to the hard data of which kinds of players are buying the plex can truly know.

Logically, if reactivated mining accounts are causing the increase in PLEX prices, then I'd expect that the price of PLEX would eventually stabilize around the same time the highsec mining community reached its pre-Hulkageddon Infinity levels. If it continues to climb upward afterwards, then it can either be lingering market speculation on the PLEX market or we might have to re-evaluate our guesses on the source of the current PLEX spike.
Akita T
Caldari Navy Volunteer Task Force
#25 - 2012-08-16 21:02:43 UTC
Dinsdale Pirannha wrote:
So does that mean that we are looking at a new price point, or is this transitory?

As I already said in the previous rather long post as a reply to your request for explanations, most likely at least partially transitory.
Nicolo da'Vicenza
Viziam
Amarr Empire
#26 - 2012-08-16 21:04:42 UTC
or we could do a DarthNefarius and conclude that nullsec carriers ratting in anoms start flooding the market with ISK driving up the prices of PLEX during very select periods, like immediately after a big mining barge update or when Vanguard incursions are really easy to run, then dock up and never rat again outside these brief windows of time.
FloppieTheBanjoClown
Arcana Imperii Ltd.
#27 - 2012-08-16 21:06:28 UTC
I'm enjoying it, as I generally keep my extra funds tied up in plex trading.

Founding member of the Belligerent Undesirables movement.

Vaerah Vahrokha
Vahrokh Consulting
#28 - 2012-08-16 21:56:40 UTC
Dinsdale Pirannha wrote:
Lilianna Star wrote:
So, is PLEX like real life gold where when the price of PLEX starts climbing, it's a good indicator of inflation?


No, it is not an indicator per se.

But many, many null sec zealots seized the opportunity of the last plex spike to equate the two and launch a massive propaganda campaign to wipe out incursion running profitability.


Incursions were an out of control ISK faucet and needed to be brought in line before the game economy would spiral out of control.

Nullsec "zealots" had their agenda but regardless of that, incursions paid way too much. Ofc CCP as usual used a dual hydrogen fusion bomb to fix incursions and "overdid" it a "little".
Andski
Science and Trade Institute
Caldari State
#29 - 2012-08-16 21:58:18 UTC
hey guys you want to know how to fix the problem of sentry carriers ratting in anoms?

Twitter: @EVEAndski

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths."    - Abrazzar

TheBreadMuncher
Protus Correction Facility Inc.
#30 - 2012-08-16 22:00:11 UTC
Dinsdale Pirannha wrote:
No, it is not an indicator per se.

But many, many null sec zealots seized the opportunity of the last plex spike to equate the two and launch a massive propaganda campaign to wipe out incursion running profitability.


Not just nullsec. Anyone with a grasp of economics opposed the faucet that was incursions because it was making the price rocket. We have 500mil now instead of 350 as a standard because that's the price it got to and that's what the people think the standard should be now.

"We will create the introduction thread if that is requested by the community. Also, we will have an ISD Seminar about the CCL team in the coming weeks in which you can ask your questions about the CCL team and provide some constructive feedback to us." - Countless pages of locked threads and numerous permabanned accounts later, change is coming.

Shameless Avenger
Can Preachers of Kador
#31 - 2012-08-16 22:02:11 UTC
Holding 30 plexes at jita... let the prices rise!

"This is the Ninja. He will scan you down; he will salvage your wrecks and there shall be no aggro"

Andski
Science and Trade Institute
Caldari State
#32 - 2012-08-16 22:04:15 UTC
Andski wrote:
hey guys you want to know how to fix the problem of sentry carriers ratting in anoms?


hint: they stay still and take forever to align

Twitter: @EVEAndski

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths."    - Abrazzar

Jonah Gravenstein
Machiavellian Space Bastards
#33 - 2012-08-16 22:13:54 UTC
Andski wrote:
Andski wrote:
hey guys you want to know how to fix the problem of sentry carriers ratting in anoms?


hint: they stay still and take forever to align


shoot them, especially blues Twisted

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack

Malcanis
Vanishing Point.
The Initiative.
#34 - 2012-08-16 22:15:33 UTC
Dinsdale Pirannha wrote:
Can't wait for the same people who blamed Incursions for the previous spike to now start blaming L4 missions.



I think you mean FW cashouts



Now let's all discuss dynamic LP store pricing!

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016

Malcanis
Vanishing Point.
The Initiative.
#35 - 2012-08-16 22:16:14 UTC
Andski wrote:
Andski wrote:
hey guys you want to know how to fix the problem of sentry carriers ratting in anoms?


hint: they stay still and take forever to align


I too don't align my billion ISK carrier for the sake of a dozen T1 sentry drones

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016

Andski
Science and Trade Institute
Caldari State
#36 - 2012-08-16 22:20:23 UTC
Malcanis wrote:
I too don't align my billion ISK carrier for the sake of a dozen T1 sentry drones


i missed the huge caches of t1 sentries that carrier ratters keep around, being known for simply abandoning a dozen sentries every time they run an anom

Twitter: @EVEAndski

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths."    - Abrazzar

Ludi Burek
The Player Haters Corp
#37 - 2012-08-16 22:20:40 UTC
Nicolo da'Vicenza wrote:


In all honesty, none of us can say for certain what's causing the latest PLEX spike.


I think we can say for certain what is not causing the plex price rise though. It is not the "wrongful" buhu nerf of high sec incursions as hinted by the op Lol
Anya Ohaya
School of Applied Knowledge
Caldari State
#38 - 2012-08-16 22:23:11 UTC
Lilianna Star wrote:
So, is PLEX like real life gold where when the price of PLEX starts climbing, it's a good indicator of speculation?


Fixed that for you.
Grumpymunky
Monkey Steals The Peach
#39 - 2012-08-16 22:24:18 UTC
It was me.
I bought 2 months worth of PLEXes for all my accounts the other day instead of one month at a time like I normally do.
I broke the PLEX market.

Post with your monkey.

Thread locked due to lack of pants.

Anya Ohaya
School of Applied Knowledge
Caldari State
#40 - 2012-08-16 22:35:54 UTC  |  Edited by: Anya Ohaya
L4s have been hit with the nerf hammer so often that it's almost more profitable to go mining. But people round here have really short memory when it suits them.

Edit: and the last nerf to L4s was a huge cause of inflation.