Market Discussions

Guys, I made a post about PLEX prices going overboard a while back.
But I never imagined it'll go as planned.
However , its time to hold.

I think we are seriously starting to get on CCP nerves now , and if we don't stop the uncontrolled rise.
The market WILL crash.
Better to hold it at a price than see if plummet back to 340 mil.

I'm not sure 700m would be good for the economy. Even 540m will start to hurt in the long run.

HELL with the economy , I am going Republican on this sheet

You keep pushing. If you post everything at 540m, I'll gladly help by selling all of mine to you for 520m.

that will have to wait , the current average transaction price is at 500mil , fluctuating between 540 and 450 mil across New EDEN .
IT has to be a collaborative effort for this to work.




well.. this IS EVE , the capitalist supreme....
No one said anything about forming cartels and collude to manipulate the market, look at Goonswarm and the burn Jita event .
They manipulated it and CCP didn't whine

With PLEX at 500M, more people are buying them now than they ever did at 300M. It's a market driven by demand, and that demand just goes up, and up and up. There's no need to try to manipulate things.

You don't seem to get how the PLEX market works.

PLEX supply drops and PLEX prices go up.

High PLEX prices result in the little lazy rich kids buying PLEX for real $$ and selling them to raise isk. The higher the price the more players sell PLEX.

As more PLEX are bought fort real $$ and sold on the market the supply goes up filling the demand.

Once the supply meets or exceeds the demand the price will crash.

500,000,000 isk seems to be about the point currently where players believe the cost in real $$ for a PLEX is worth while compared to the time in game required to make that much isk.

CCP helps to curb the inflation of PLEX by offering special PLEX sales reducing the real $$ investment.

If you had enough isk or enough like minded players you could try buying up all the available PLEX and reselling them at a higher price, But I would expect that to back fire.

What would happen is many players would Jump on the PLEX bandwagon with the high prices buying PLEX with real $$ to sell for isk. This influx of newly purchased PLEX would fill the inflated buy orders, and you would be stuck with a pile of PLEX you over paid for.

I for one would not hesitate to buy a 1/2 dozen PLEX or more to take advantage of the temporary high PLEX prices to inflate my coffers a bit. I could always buy them back after the price drops and use them for game time regaining my real $$ investment, while retaining the profit from the difference between sell price and buy back price.

So you're admitting to being an idiot then?

PLEX seems to have a big IRRATIONAL martket componentto its price mosreso then everything except margin trade scam items

Personally I think anyone who is anyone who is someone who refuses to pay with RL money for this game is more than likely to have at least a couple years supply of PLEX stashed away, at least for their main character(s). I know I do. You have to raise the prices to an unacceptable level then KEEP them there to destroy this stockpile and that will take many months if not years. Once the stockpiles are gone, PLEX can happily go up to billions and the end of EVE for anyone who doesn't pay with RL cash occurs. (assuming there really is as few people who would be willing to buy PLEX with cash to get ISK as I feel there is).