EVE General Discussion

I predict plex prices will rise through the winter then start declining.

How do I know this? I'm psychic!

Don't argue with me or I'll eat your brain

I believe his name is Darth Internet Economist, PhD.

He boosts his own ego with getting confused on how to explain supply and demand, it's pretty awesome :)

Cut him some slack. It's hard to say how much ISK he lost when expander rigs tanked.

I'm gonna need the location of this agent of opulence, mmmkay? Thanks.

Seriously, the most I have ever seen from one mission was about 60 mil, and that's the Angel/Guristas Extravaganza. Lvl 4s are not the showers of isk that everyone makes them out to be. Trust me, last night I pulled in just under 7 million from bounties and mission rewards on one mission. Small fries, not Big Macs all the time here.

Now, as far as PLEX is concerned, there will come a point when it would be cheaper to just sub up than continue to buy PLEX. It would behoove CCP (who at one time intimated a possible moment of interference if PLEX prices got too high) to remember that while the PLEX is about $17 a pop, a sub is $15 for those who want to keep playing for more than trying to farm enough money to buy an item that gives them more game time. I'm there in that group, and sadly, only one of the two accounts that I have will survive that transition if it becomes a necessity. I love Eve, but I won't play it like WoW just to scrape up the funds to buy more time to do the same thing again.

I imagine that there is a point where people will say 'Enough is enough' and either quit or sub up, at which point, there will be a surplus of PLEX out there. Prices will drop and people will buy them again, most likely perpetuating the cycle of up and down for awhile to come. Personally, I think it has to do with the motto 'Greed is Good' more than a supply and demand issue. PLEX was quite stable for quite a period of time, and ever since March or April was the climb upwards. I even remember the posts made about it.

The offer is made intermittently.

Likely an effort to convey the notion, "Just stay tuned."

I really feel sorry for the poor sucker who bought the 50 plex i bought at 494 for 640 yesterday tee hee. :) I love how some of these "experts" come on here saying 1 bill plexes by such and such date. Clearly a bubble, I mean cmon did you guys really think people first of all would pay 1 bill per plex and secondly people wouldnt just pull out thier credit cards to cash in on this? The volumes werent even out of wack to suggest a shortage. Just a huge bunch of hype. :)

So a PLEX promotion (with no discount) immediately before the weekend, after Gallente spiked T5.

How long will these prices last? Open Tournament bidding is next weekend: is it safe to assume that all interested parties have all the PLEX they intend to bid with already?

Until the next FW tier spike/cashout, yes I expect prices to settle. While CCP is promoting PLEX on the login screen, I expect prices to drop a few percent. It always works that way.

The steady rate of climb in the year long graph suggests that PLEX aren't going to fall below 560M any time soon. Perhaps there was enough pressure from the manipulators and the tournament bidders that there will be firesales over the weekend? I know many folks who are holding out on their imminent PLEX purchase in the hope that the super-600M price level is merely a speculative bubble.

So we will be happily running around being hisec carebears, watching the market intently over the weekend.