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So Plex Prices climbing again

Author
Frying Doom
#41 - 2012-08-16 22:38:56 UTC
The most likely reason atm and given the server population numbers lately is supply and demand.

People are re-activating old accounts to start mining once again so the price is going up.

Any spelling, grammatical and punctuation errors are because frankly, I don't care!!

Soulpirate
Caldari Provisions
Caldari State
#42 - 2012-08-16 22:54:22 UTC
People are stockpiling AUR tokens in preparation for Dust514.
Swooshie
USA Canada Private Corp
#43 - 2012-08-16 23:08:28 UTC
Pending a longer timeframe for market analysis, it is more likely, indeed, that the rise in PLEX prices is a consequence of demand. Not only from miners as there is a lot of good words going around about EVE these days.

I know, I'm back :p

"It is when I think about meaning that I lose what I meant to say."     -Swooshie

Jimmy Gunsmythe
Sebiestor Tribe
#44 - 2012-08-16 23:48:08 UTC
As always, speculation leads the way here more than anything else. It's kind of like oil prices...I think they raised prices once because two kids fought by the bike racks and OPEC was afraid it would spill over into neighboring yards.

Roll

John Hancock

Shizuken
Venerated Stars
#45 - 2012-08-17 01:25:07 UTC
Tamara Winters wrote:
PLEX prices are rising because less and less people are willing to pay to play the game.


Look at the volume of plexes traded. If the price is going up and volume is not then you have less supply. If the price is going down and volume is not, you have too m
Scope Arody
Doomheim
#46 - 2012-08-17 01:56:34 UTC
Malcanis wrote:
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


Then you're doing it wrong, losing 25% of your isk/hr by being too carebear.

Disregarding the fact that a batch of t1 sentys will do the same applied dps as a tengu, you will be burning through 3-4 million in sentry drones a site.

Also carriers in general have trouble breaching the 100m/isk hr mark before neutrals and obligatory taxes, which is something my blaster/senty gank vindi scoffs at and my completely safe and consistent highsec l4 nightmare can easily match.

Passive align thannys do need a bit of looking at though, simply no risk involved.
Scope Arody
Doomheim
#47 - 2012-08-17 01:58:04 UTC  |  Edited by: Scope Arody
Sorry, double post
Tyraeil Starblade
Aliastra
Gallente Federation
#48 - 2012-08-17 04:06:54 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


Too bad I've landed on most of them which were pre-aligned.
Andski
Science and Trade Institute
Caldari State
#49 - 2012-08-17 04:50:08 UTC
Scope Arody wrote:
Passive align thannys do need a bit of looking at though, simply no risk involved.


another perpetuator of the "passive align" myth

Twitter: @EVEAndski

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

Andski
Science and Trade Institute
Caldari State
#50 - 2012-08-17 04:53:56 UTC
Tyraeil Starblade wrote:
Too bad I've landed on most of them which were pre-aligned.


if they're sitting still, they're not aligned, regardless of where it's "pointing"

Twitter: @EVEAndski

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

Betrinna Cantis
#51 - 2012-08-17 05:12:07 UTC
Frying Doom wrote:
The most likely reason atm and given the server population numbers lately is supply and demand.

People are re-activating old accounts to start mining once again so the price is going up.

Most likely the case, It has done this before.

Alts have been changed to protect the Innocent. You may have mistaken me for someone who cares.....

Xearal
Dead's Prostitutes
The Initiative.
#52 - 2012-08-17 05:18:49 UTC
IMHO, Akita has it on the button ( as usual ). Increased miner activity due to the changes in barges is spiking the demand, along with the fact that the price generally goes up a bit at this time of year for some reason.

Eventually, prices for minerals/ice will go down ( hopefully ), thus lowering the amount of isk miners are earning, thus lowering the demand due to less miners needing plexes ( as they can't afford it anymore, or simply decide they don't want to spend 20 extra hours to get that plex every month ).

Personally, I expect ice prices to plummet as the new retrievers/macks are VERY good at afk mining ice, yield isn't even important anymore. You can simply tank it up as much as you can, then hit the belt with those alts, and go do something productive on your main. practicly not even a need for an orca/rorqual boost. as this would require one less miner, so unless you are running a big op, it's not worth it compared to another mack.

I've seen howmuch our local belt is being plundered, I would shudder to think how it looks in empire. 50-60 macks per belt 24/7? That is a LOT of isotopes.

Does railgun ammunition come in Hollow Point?

ReptilesBlade
Science and Trade Institute
Caldari State
#53 - 2012-08-17 06:51:00 UTC
Akita T wrote:
Dinsdale Pirannha wrote:
Akita T wrote:
More like, blame the new mining ships and maybe also possibly technetium alchemy...

Please run the logic for me.
Are you suggesting that there is a huge spike in demand for plexes because many people are re-upping accounts to take advantage of the mining barges and alchemy?
I would suggest that any increase in demand for plexes for mining accounts would be countered by an equal supply in plexes being supplied to the market as people need ISK for the Mackinaw.

The new mining barges offer far less of a yield difference between T1 and T2 variants than they used to (compare current vs former Retriever and Hulk), all T1 barges got their prerequisite training routine drastically cut (all are now barge 1 plus astrogeo 3, then compare that to the former barge 5 and astrogeo 5 for the former Covetor), and mining in a Retriever or Mackinaw is pretty much almost as good as jetcan mining before in a Hulk, but without the risk of can-flipping... which basically means mining should become HUGELY more popular than it was before (at least in the short run, in the long run, not really that much), and with a drastically reduced barrier to entry.

People that are likely to engage in mining are UNLIKELY to be PLEX sellers to begin with, they are far more likely to be PLEX buyers. Also, a good portion of former serious miners would have already had a Hulk, which they can still sell off at a decent price and only add a bit more to afford a Mackinaw (they can even buy a Retriever as an intermediary, the current Hulk market value more than covers quite a few of those). Or, you know, just get a Retriever either way, even if you had no Hulk to sell, a Mackinaw is not THAT much better if you can be bothered to be even remotely semi-active.

At the same time, the mere ANNOUNCEMENT of technetium alchemy has dropped technetium prices (they're in a bit of a short-term rebound, but it will keep on dropping), which means in the long run, exhumers will end up being noticeably cheaper - which is an added incentive to just go with a Retriever instead of a Mackinaw while price have a time to settle down.
On the other hand, mineral prices are also likely to go down slowly, so in time, some that did re-pick-up (or just newly picked up) mining will probably get bored of it. And less tech moongold revenue probably will also mean less alliance-subsidized PLEX or alliance-subsidized ships, which might increase supply of fresh PLEXes (from people that start buying more of their stuff instead of getting it from the alliance) and decrease demand for PLEX (as some players might start dropping less useful alts that used to be alliance-subsidized to some degree). Probably not a very huge change, but still a change.
...

All in all, there's no much reason to suspect a huge SHORT-TERM influx of PLEX sellers due to just those factors above, but a good reason to expect a significant SHORT-TERM demand increase in form of PLEX buyers due to just those factors above, which basically means price sort of has to go up to compensate and rebalance supply with demand.
Long story short, the MOST LIKELY MAIN CULPRIT is the mining ship redesign, with technetium alchemy possibly relevant but not greatly so, and possibly several other smaller-effect factors also playing some even smaller role in it all.
It probably won't last very long, but it's not sure how much time until a re-normalization will happen, or if it will happen at all soon.


Once again Akita T wins Eve and proves the reason why she is my favorite poster.
Seleia O'Sinnor
Drop of Honey
#54 - 2012-08-17 06:55:47 UTC
BEWARE!!! THE MACROS ARE BACK!!!

Odyssey: Repacking in POS hangars for modules +1,  but please for other stuff too, especially containers. Make containers openable in POS hangars.

DarthNefarius
Minmatar Heavy Industries
#55 - 2012-08-17 07:00:51 UTC  |  Edited by: DarthNefarius
Xearal wrote:
IMHO, Akita has it on the button ( as usual ). Increased miner activity due to the changes in barges is spiking the demand, along with the fact that the price generally goes up a bit at this time of year for some reason.
(snip)


lol NULL Seccers can no longer falsely blame PLEX inflation on Incursions so now they are trying to blame miners?!?!?! THAT IS MUTHER FV@#$ING FRESH Roll

But what the hell NULL has to create more strawmen to keep the dreaded nerfbat away from thier incomes funny how much DEVs fall for the Forum PvPers
An' then Chicken@little.com, he come scramblin outta the    Terminal room screaming "The system's crashing! The system's    crashing!" -Uncle RAMus, 'Tales for Cyberpsychotic Children'
Mistah Ewedynao
Ice Axe Psycho Killers
#56 - 2012-08-17 07:01:17 UTC  |  Edited by: Mistah Ewedynao
Mistah Ewedynao wrote:
I'll give a "theroretectcal" answer about Plex prices (after all, CCP has made them THE inflation Indicator)

Pretend I am CCP.

So I SELL u plex's for hard currency...hey, I am fond of expensive jeans so I want some more.Lol

So now, using the new Sony Biz Module (The SBM) I BUY UP ALOT of plexs for ingame isk (FREE), price goes up. Big smile

SO I CAN SELL U MORE FOR HARD CURRENCY! LolLolLol

Most of U need to walk away from U eve spreadsheets and work in the real world for awhile.

And CCP if u delete this post in a panic, consider hiring me, cause I got way better ideas than this.

I just want double what the Goon and his Unified Inventory and his "player generated content" gets.....At least.


edit: BTW there is a HUGE buy order machine for plexs in Jita. Don't believe me? Go there sell a few plex's on buy orders and watch the price go UP!



Ya'll Don't Pay attention much do ya?

Nerf Goons

Nuke em from orbit....it's the only way to be sure.

Mistah Ewedynao
Ice Axe Psycho Killers
#57 - 2012-08-17 07:17:08 UTC  |  Edited by: Mistah Ewedynao
I have even Picked out my name

CCP Plexmeister

edit:

Am drafting my first devblog now.......


"OMG Ponies!....or why you Tards are paying 1 B isk for Plexs!"

Nerf Goons

Nuke em from orbit....it's the only way to be sure.

dexington
Caldari Provisions
Caldari State
#58 - 2012-08-17 07:31:01 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 blame the global economic situation, more and more people loose their jobs, which means they have more time to play eve and grind isk, and at the same time they have less money to pay the monthly subscription.

I'm a relatively respectable citizen. Multiple felon perhaps, but certainly not dangerous.

Zloco Crendraven
BALKAN EXPRESS
Shadow Cartel
#59 - 2012-08-17 07:43:58 UTC
There is one more thing why plexes are goin up. Summer is almost over. And ppl are getting back in front of their PCs. I know lot of ppl that resubbed din last 2 weeks

BALEX, bringing piracy on a whole new level.

Mistah Ewedynao
Ice Axe Psycho Killers
#60 - 2012-08-17 07:47:11 UTC  |  Edited by: Mistah Ewedynao
Quote:
, and at the same time they have less money to pay the monthly subscription.


Well that plays right into the SBM....hmmm SBM....might have to make a forum alt called...nah

SBM: The Sony business Module: Positively affecting CCP's take from this game since day one.

Plug one into your Cov Ops and watch what happens!

Nerf Goons

Nuke em from orbit....it's the only way to be sure.