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PLEX Prices Runaway
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Jori McKie
Hedion University
Amarr Empire
#61 - 2012-09-12 06:43:43 UTC  |  Edited by: Jori McKie
Nope, i'm just a trader. The point is the available Plex on the market and i have never saw only 200 Plex in Jita for sale in the last 3years not to mention that the other hubs dry out too.
My best argument is the available cash in Eve, it's still to easy to get rich and lots of +1 year older player have no problem to pay 500m per Plex. Other reason could be the big unsubbing Summer 2011 and many not resubbing via CC, more miners dual/triple boxing than ever and botting is still going on heavily including miner and mission bots.

I don't know the exact reason but i can see that the Plex supply is very low and it's only early September.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." - Abrazzar
Idris Helion
Doomheim
#62 - 2012-09-12 16:01:45 UTC
Jori McKie wrote:
Nope, i'm just a trader. The point is the available Plex on the market and i have never saw only 200 Plex in Jita for sale in the last 3years not to mention that the other hubs dry out too.
My best argument is the available cash in Eve, it's still to easy to get rich and lots of +1 year older player have no problem to pay 500m per Plex. Other reason could be the big unsubbing Summer 2011 and many not resubbing via CC, more miners dual/triple boxing than ever and botting is still going on heavily including miner and mission bots.

I don't know the exact reason but i can see that the Plex supply is very low and it's only early September.


We're missing one crucial piece of data from CCP: how much unredeemed PLEX is in the game right now. If there's a ton of PLEX in-game but a dearth on the market, that indicates hoarding and possible speculator manipulation. If the amount of PLEX in the game has simply fallen below demand, that bespeaks a more serious and hard-to-fix issue.
DarthNefarius
Minmatar Heavy Industries
#63 - 2012-09-12 16:56:17 UTC  |  Edited by: DarthNefarius
corestwo wrote:


DarthNefarius wrote:
What's interesting is that it isn't an ISK Faucet like every NULL SEccer's whined about with incursions but its on the verge of causeing arise in PLEX that is about to break the last year's high PLEX prices unless DrE starts releasing the confiscated bot supplies of PLEX.

I'm curious what the bounties have increased to monthlysince the drones started paying ISK & if WH blue loots have increseased at all since the flight from Incursionsbut CCP Diagoras is no longer tweeting stats &we've in a blackout period of any economic data from CCP since Escaltation pretty much.

Diagoras left CCP. And believe me, I think the fact that you can make this kind of isk basically risk-free is dumb...hell, ANYWHERE, just like I thought incursions were dumb in highsec.


lol: here's the implant market http://img441.imageshack.us/img441/6657/minpigfarm.gif
CCP's keeping stats close to thier vests right now I guess so as not to reveal any mistakes they've made, I wonder how much more of the Economy is going to go up in an Inferno. I bet the ISK sink funcion of the implants from LP stores will be reduced for a year plus.
Imagine if the goons had released all the implants from thier expoight all at once too lol
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'
ctx2007
Republic Military School
Minmatar Republic
#64 - 2012-09-12 17:06:05 UTC
PLEX has reached stupid prices @560M + up 40M since yesterday What? so what is going on here?

You only realise you life has been a waste of time, when you wake up dead.
Kara Books
Deal with IT.
#65 - 2012-09-13 04:45:24 UTC
raising plex means losing players, and profiting th few rich.

there is no balance. I say Raise plex to stupid prices then perma ban the hell out of the rich, fix the game economy while your at it, problem solved.

Cure of of these 2 Cancers, Please.
Ivy Romanova
State Protectorate
Caldari State
#66 - 2012-09-21 13:21:00 UTC
Kara Books wrote:
raising plex means losing players, and profiting th few rich.

there is no balance. I say Raise plex to stupid prices then perma ban the hell out of the rich, fix the game economy while your at it, problem solved.

Cure of of these 2 Cancers, Please.


HA!
Profiting the rich?
You mean profiting the able and the mega corporations.
PLEX prices have been soaring , and WILL keep on soaring.
As long as no one comes along and be a selfish arse , and crash the market, like the IMF .
Its only going to go UP UP and AWAYYYYY!!!

▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬ ＤＡＭＮ ＴＨＩＳ    SIGNATURE    ＩＳ ＦＡＮＣY ▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬
Acac Sunflyier
The Ascended Academy
#67 - 2012-09-21 16:48:00 UTC
Yes, follow the OP's advice and see how many accounts end up unsubdued. It's bad for CCP when PLEX goes too high.
Drago Wolfbane Skorvalk
Great Black Hole of Eve
#68 - 2012-09-21 17:31:50 UTC
Ivy Romanova wrote:
Kara Books wrote:
raising plex means losing players, and profiting th few rich.

there is no balance. I say Raise plex to stupid prices then perma ban the hell out of the rich, fix the game economy while your at it, problem solved.

Cure of of these 2 Cancers, Please.


HA!
Profiting the rich?
You mean profiting the able and the mega corporations.
PLEX prices have been soaring , and WILL keep on soaring.
As long as no one comes along and be a selfish arse , and crash the market, like the IMF .
Its only going to go UP UP and AWAYYYYY!!!



I do see the humor in you calling a potential market crash by someone selling as being selfish, when your whole post is all about driving up the cost to inflated levels through manipulation for your own profit.

I appreciate the smile! Big smile
Marcus McTavish
Volcel Police
#69 - 2012-09-22 06:20:07 UTC
Okay, I've read just about enough of this moronic talk.

1) Stop drinking so much coffee, or whatever is making you use caps and yell.
2) Markets are driven primarily by Supply and Demand
3) Most Changes in the PLEX prices are due to Expansions and Patches, etc
4) You are but an insignificant drop in the water of the PLEX Market.
5) A cartel that held a theoretical super-majority could drive the price up. But this is assuming no one would cash out, and that no one else would step in and profit.
6) IF you somehow were able to move the market up, since there is no driving supply or demand, it would simply fall back down, like the ocean waves eroding your sandcastle.
7) You make all these hurf-blurf posts about how you are going to be so rich and profit of plex sales. Let me tell you something, the people that actually have influence in the market dont rant like you do. Because they understand how things work.
8) Go ahead with your plan, see it fail, not even, it wont leave the ground.
9) Learn basic market mechanics, then make a "good post"
Ivy Romanova
State Protectorate
Caldari State
#70 - 2012-09-22 12:20:34 UTC
Marcus McTavish wrote:
Okay, I've read just about enough of this moronic talk.

1) Stop drinking so much coffee, or whatever is making you use caps and yell.
2) Markets are driven primarily by Supply and Demand
3) Most Changes in the PLEX prices are due to Expansions and Patches, etc
4) You are but an insignificant drop in the water of the PLEX Market.
5) A cartel that held a theoretical super-majority could drive the price up. But this is assuming no one would cash out, and that no one else would step in and profit.
6) IF you somehow were able to move the market up, since there is no driving supply or demand, it would simply fall back down, like the ocean waves eroding your sandcastle.
7) You make all these hurf-blurf posts about how you are going to be so rich and profit of plex sales. Let me tell you something, the people that actually have influence in the market dont rant like you do. Because they understand how things work.
8) Go ahead with your plan, see it fail, not even, it wont leave the ground.
9) Learn basic market mechanics, then make a "good post"


2)Market are driven my market and demand in a ceteris paribus condition , but under collusion and cartel, it can be manipulated.
3)In contrary to conventional wisdom of which when the PLEX prices drop due to sale, its price has reached a new height of 550mil holding.
4)Of course I am, thats why I am calling for cooperation among PLEX sellers .
5/6)(Refer to 4) and There will always be driving demand. EVE Online never let you go, you'll just find new way to earn more money, and drive up the mineral prices,etc. The one who are prepared will profit, those who aren't will perish.
7) Apparently you are the sort that believe in fair trade.
8)Don't need to , the market is already going where I wanted.
9) Differentiate practicality and reality from academic curiosity.

▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬ ＤＡＭＮ ＴＨＩＳ    SIGNATURE    ＩＳ ＦＡＮＣY ▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬
Aaewen Hrothgarson
eXtreme Co
SLYCE Pirates
#71 - 2012-09-24 09:03:41 UTC
Jori McKie wrote:
Nope, i'm just a trader. The point is the available Plex on the market and i have never saw only 200 Plex in Jita for sale in the last 3years not to mention that the other hubs dry out too.
My best argument is the available cash in Eve, it's still to easy to get rich and lots of +1 year older player have no problem to pay 500m per Plex. Other reason could be the big unsubbing Summer 2011 and many not resubbing via CC, more miners dual/triple boxing than ever and botting is still going on heavily including miner and mission bots.

I don't know the exact reason but i can see that the Plex supply is very low and it's only early September.



You complain about supply is low.

So there are only two possibilities.
a) someone is hoarding.
b) Less people are willing to buy GTC from CCP with RL money and convert them to PLEX.


A) Would need and unbelievable amount of ISK in a few hands.

B) is completely irrelevant of how easy it is to get isk.
Trillions of them wont buy you a PLEX if no one spent the 20 (or whatever) Euro to feed it to the market first. If CCP would feed the confiscated PLEX, even less would buy GTC ...
Marcus McTavish
Volcel Police
#72 - 2012-10-04 20:14:46 UTC
Ivy Romanova wrote:
Marcus McTavish wrote:
Okay, I've read just about enough of this moronic talk.

1) Stop drinking so much coffee, or whatever is making you use caps and yell.
2) Markets are driven primarily by Supply and Demand
3) Most Changes in the PLEX prices are due to Expansions and Patches, etc
4) You are but an insignificant drop in the water of the PLEX Market.
5) A cartel that held a theoretical super-majority could drive the price up. But this is assuming no one would cash out, and that no one else would step in and profit.
6) IF you somehow were able to move the market up, since there is no driving supply or demand, it would simply fall back down, like the ocean waves eroding your sandcastle.
7) You make all these hurf-blurf posts about how you are going to be so rich and profit of plex sales. Let me tell you something, the people that actually have influence in the market dont rant like you do. Because they understand how things work.
8) Go ahead with your plan, see it fail, not even, it wont leave the ground.
9) Learn basic market mechanics, then make a "good post"


2)Market are driven my market and demand in a ceteris paribus condition , but under collusion and cartel, it can be manipulated.
3)In contrary to conventional wisdom of which when the PLEX prices drop due to sale, its price has reached a new height of 550mil holding.
4)Of course I am, thats why I am calling for cooperation among PLEX sellers .
5/6)(Refer to 4) and There will always be driving demand. EVE Online never let you go, you'll just find new way to earn more money, and drive up the mineral prices,etc. The one who are prepared will profit, those who aren't will perish.
7) Apparently you are the sort that believe in fair trade.
8)Don't need to , the market is already going where I wanted.
9) Differentiate practicality and reality from academic curiosity.


2) Collusion does not work in a game like this where there are many suppliers with different interests at hand.
3) Price go up because retired players decide to come back and new players start. Thus more plex bought, higher price.
4) See 2, it wont work
5/6)You are incredibly naive. Market prices tend to go to a dynamic equilibrium. You can artificially lower prices on your own or in a small group, but it will go down, either from new people entering, or people dumping stock.
7) I dont think you understand what i said, or Fair Trade. The silent minority's hand is at play, not yours.
8) I can say that it will rain, then when it does because of weather, i can claim i am a god. Its not your words or effort. You are a drop in the pond of the earth.
9) Differentiate realism and logic from bullshit.
Acid Kanshi
AIFAM
#73 - 2012-10-05 05:28:47 UTC
PLEX goes up, PLEX goes down, you can't explain that.

EVE-Cost is a manufacturing tool for EVE players. http://www.eve-cost.eu
Erid Tangor
University of Caille
Gallente Federation
#74 - 2012-10-05 06:16:14 UTC
Acid Kanshi wrote:
PLEX goes up, PLEX goes down, you can't explain that.


Aliens.
Marcus Harikari
#75 - 2012-10-05 11:55:25 UTC
Less people buying PLEX with cash means rising PLEX prices isk-wise. You guys are not understanding how it works.
Silk daShocka
Greasy Hair Club
#76 - 2012-10-05 13:18:14 UTC
Make sure to sell dem plexes befor the FW gets fixed!

Also, make sure to sell them now, before people stop buying them to put bids in for the upcoming tourny!
Ivy Romanova
State Protectorate
Caldari State
#77 - 2012-10-09 11:02:36 UTC
Silk daShocka wrote:
Make sure to sell dem plexes befor the FW gets fixed!

Also, make sure to sell them now, before people stop buying them to put bids in for the upcoming tourny!


Now would did I tell you.
I forsee a future where PLEX will rise continuously and plateau.
And now it has reached 600 MIL
Much higer than I would ever had imagined.
but its time to STOP .
STOP NOW, before CCP initiate their god hands.
The market cannot take any higher than this.
HOLD AT 600 mil.
Sell at 600mil.
BUT NO LESS!

▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬ ＤＡＭＮ ＴＨＩＳ    SIGNATURE    ＩＳ ＦＡＮＣY ▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬
Mokanor Lenak
Odd Fluffy Bunnies
#78 - 2012-10-09 11:25:40 UTC
Ivy Romanova wrote:
Silk daShocka wrote:
Make sure to sell dem plexes befor the FW gets fixed!

Also, make sure to sell them now, before people stop buying them to put bids in for the upcoming tourny!


Now would did I tell you.
I forsee a future where PLEX will rise continuously and plateau.
And now it has reached 600 MIL
Much higer than I would ever had imagined.
but its time to STOP .
STOP NOW, before CCP initiate their god hands.
The market cannot take any higher than this.
HOLD AT 600 mil.
Sell at 600mil.
BUT NO LESS!


Didn't you say 700?
Why selling yourself short?

Push to 1B!
Ivy Romanova
State Protectorate
Caldari State
#79 - 2012-10-09 12:47:00 UTC
Mokanor Lenak wrote:
Ivy Romanova wrote:
Silk daShocka wrote:
Make sure to sell dem plexes befor the FW gets fixed!

Also, make sure to sell them now, before people stop buying them to put bids in for the upcoming tourny!


Now would did I tell you.
I forsee a future where PLEX will rise continuously and plateau.
And now it has reached 600 MIL
Much higer than I would ever had imagined.
but its time to STOP .
STOP NOW, before CCP initiate their god hands.
The market cannot take any higher than this.
HOLD AT 600 mil.
Sell at 600mil.
BUT NO LESS!


Didn't you say 700?
Why selling yourself short?

Push to 1B!


because if that happens
CCP is gonna crash the market by setting the PLEX prices to unreasonably low prices

▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬ ＤＡＭＮ ＴＨＩＳ    SIGNATURE    ＩＳ ＦＡＮＣY ▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬
Demolishar
United Aggression
#80 - 2012-10-09 17:24:32 UTC
Ivy Romanova wrote:


because if that happens
CCP is gonna crash the market by setting the PLEX prices to unreasonably low prices



Someone cashed out their stock and wants to buy back in RollRollRoll