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PlexGeddon is coming
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DarthNefarius
Minmatar Heavy Industries
#101 - 2012-10-10 15:57:13 UTC
DarthNefarius wrote:
[
It usually takes 3-4 days after a FW tier 5 dump for the corresponding PLEX spike ( if I am correct in my hypothesis that FW tier 5's are the main PLEX price inflation driver ), i guessbecause they gotta sell the LP shineys, so expect Wednesday or Thursday to see PLEX jump from ~560-570 million to ~610-630 million. There is also a mid week hump day spike I guess because most peeps buy PLEX for the weekends & sell then.

It'd take at least 2-3 months I believe then to push PLEX to a billion so I am dounting it'll happen before a Winter NERF of FW



Hmmm appears my predictionswere pretty much right on the nail since nowwe are looking at 640:
Bad Bobby wrote:
It looks like I'm getting a second run at it then.

Jita Sell: 662m
Jita Buy: 640m


One would thinkthat FW Monty Haul campaignswould have a leveling off but Imay be wrong so a billion ISK PLEX isn't IMHO out of hand WAG for Christmas
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'
Val'Dore
PlanetCorp InterStellar
#102 - 2012-10-10 17:19:55 UTC
Maxxatan wrote:
CCP ran out of PLEX stockpiled to restrain the market is my guess.


What does CCP have to do with it?

What happened is pretty simple:

PLEX naturally hit 550 mil in normal market trading, then several rich players started forcing the value up further by mass buying the market stock. They will then turn around and sell it once the price is more than 750 million or just go all T2 BPO Lottery on it and agree to all sell at a fixed price of 1 BN. CCP may step in, but they shouldn't. Because the inflated value is only going to hold as long as demand will.

So the simple solution is, don't buy PLEX.

Supply and Demand

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide
Kult Altol
The Safe Space
#103 - 2012-10-10 18:13:12 UTC
Can someone explain to this ****** (me) Why plex prices are so high?(Eve Mail or Forum) I remember last year when I started plaything they sold for around 400mil. Thanks.

[u]Can't wait untill when Eve online is Freemium.[/u] WiS only 10$, SP booster for one month 15$, DPS Boost 2$, EHP Boost 2$ Real money trading hub! Cosmeitic ship skins 15$ --> If you don't [u]pay **[/u]for a product, you ARE the [u]**product[/u].

Ionisaattori
Honest and Ethical Fair Trade Yachting Corporation
#104 - 2012-10-10 19:08:50 UTC
Kult Altol wrote:
Can someone explain to this ****** (me) Why plex prices are so high?(Eve Mail or Forum) I remember last year when I started plaything they sold for around 400mil. Thanks.


I don't think we got simple explanation to cover all bases, but I will happily share what I can gather from my head.


Seems like these wonderful FW changes have made it retardedly easy to make a shitload of ISK. With my understanding most of the ISK is made out of the implants and ships/BPCs bought with the LP you get from the FW missions/complexes.

So people get LP and then sell implants and stuff bought with LP to the market and make a ton or two of ISK. I'm not too familar with this FW missioning but as far as I understand there isn't actually a lot of ISK gained from the missions itself.

The PLEX supply seems to be at pretty even levels so far and no dips there that might push the price up. So the rich FW players/9 day toons are buiyng up all the PLEX available to get to play the game for "free" with their mains and all of them '9 day alts' that supposedly can make +1bil per hour (that's just one of the rumors I've read).

Also there are plenty of people joining the train in hopes that PLEX will rise to 1bil and beyond buying the PLEX away as an investment / speculation. This kind of euphoria is well known to be a long lasting. ;)

What I hope to see is that all the LP-store items will drop lower and lower and our "regular" FW Joe's start to see quite a bit less ISK when their wallet is blinking. Then their purchasing power should be reduced back to more "normal" and the speculators will be left with their hands full of expensive PLEX, to speculate what went wrong. And maybe just maybe, the PLEX could return to lower prices if/when CCP nerf the FW missions, but I haven't got a clue if they will bother with that.

For me the next sub will be paid with our own real world fiat money, with these prices and my trading ability I cannot justify the PLEX.
MinefieldS
1 Sick Duck Standss on something
#105 - 2012-10-11 02:31:08 UTC
Plexiglass parking lot
Margraves
The Scope
Gallente Federation
#106 - 2012-10-11 14:36:17 UTC
Shocked nobody has put out the conspiracy theory...

CCP is doing it to keep station spinning interesting.