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PLEX Over 600m now....
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Brooks Puuntai
Solar Nexus.
#21 - 2012-10-08 15:48:10 UTC
It wouldn't surprise me if people are hoarding plexes in hope that it increases even more. I also await when people "cash out" and crash the market.

The joys of supply and demand.

CCP's Motto: If it isn't broken, break it. If it is broken, ignore it. Improving NPE / Dynamic New Eden
Vincent Athena
Photosynth
#22 - 2012-10-08 15:49:16 UTC
Andski wrote:
RAGE QU1T wrote:
Andski wrote:
Power of Two and resculpts for PLEX seem to be the culprit for this recent spike.


Wrong again, Power of Two was around when Plexes were going for 250-300 mil son


So you're saying that PLEX were going for 250-300M less than two weeks ago? Huh, no they weren't, son.

Power of two was around years ago, when the PLEX was low.

Know a Frozen fan? Check this out

Frozen fanfiction
Krixtal Icefluxor
INLAND EMPIRE Galactic
#23 - 2012-10-08 15:50:37 UTC
Have 4 accounts. Tough financial month though. Wanted to buy PLEX as I usually do for at least 2 of the accounts.

1.2 Billion for 2 PLEX would wipe me out though.

So, this means 2 accounts are being suspended this month in the next 3 days. Loss for CCP. I'm sure I'm not the only one.

If a 2 1/2 year player like myself cannot make this viable, the entire idea behind PLEX is blown to smithereens.

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882
Brooks Puuntai
Solar Nexus.
#24 - 2012-10-08 15:53:18 UTC
Krixtal Icefluxor wrote:
Have 4 accounts. Tough financial month though. Wanted to buy PLEX as I usually do for at least 2 of the accounts.

1.2 Billion for 2 PLEX would wipe me out though.

So, this means 2 accounts are being suspended this month in the next 3 days. Loss for CCP. I'm sure I'm not the only one.

If a 2 1/2 year player like myself cannot make this viable, the entire idea behind PLEX is blown to smithereens.


Not really. The reason plex prices are so high is because there is a high enough demand to increase the price. Which means that SOMEONE is able to still buy them. May suck for you but not for CCP. If anything this is good for CCP because it means more people are going to buy Plex for $$ in order to get the injection of isk due to its high price, which CCP makes more off plex sales then subs.

CCP's Motto: If it isn't broken, break it. If it is broken, ignore it. Improving NPE / Dynamic New Eden
Andski
Science and Trade Institute
Caldari State
#25 - 2012-10-08 15:56:46 UTC
Vincent Athena wrote:
Andski wrote:
RAGE QU1T wrote:
Andski wrote:
Power of Two and resculpts for PLEX seem to be the culprit for this recent spike.


Wrong again, Power of Two was around when Plexes were going for 250-300 mil son


So you're saying that PLEX were going for 250-300M less than two weeks ago? Huh, no they weren't, son.

Power of two was around years ago, when the PLEX was low.


Power of Two was not a one-time promotion. They've run that promotion on and off several times since: http://community.eveonline.com/news/newsFromEve.asp?newsTitle=power-of-2-autumn

Twitter: @EVEAndski

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths."    - Abrazzar
Krixtal Icefluxor
INLAND EMPIRE Galactic
#26 - 2012-10-08 15:58:54 UTC  |  Edited by: Krixtal Icefluxor
Brooks Puuntai wrote:
Krixtal Icefluxor wrote:
Have 4 accounts. Tough financial month though. Wanted to buy PLEX as I usually do for at least 2 of the accounts.

1.2 Billion for 2 PLEX would wipe me out though.

So, this means 2 accounts are being suspended this month in the next 3 days. Loss for CCP. I'm sure I'm not the only one.

If a 2 1/2 year player like myself cannot make this viable, the entire idea behind PLEX is blown to smithereens.


Not really. The reason plex prices are so high is because there is a high enough demand to increase the price. Which means that SOMEONE is able to still buy them. May suck for you but not for CCP. If anything this is good for CCP because it means more people are going to buy Plex for $$ in order to get the injection of isk due to its high price, which CCP makes more off plex sales then subs.


Agreed.

But it WAS supposed to be an alternative to cash payments for subscriptions. It's just not viable or economical for that purpose atm.

edit: But indeed there is WAY TOO MUCH ISK ingame.

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#27 - 2012-10-08 16:03:20 UTC
Brooks Puuntai wrote:
If anything this is good for CCP because it means more people are going to buy Plex for $$ in order to get the injection of isk due to its high price, which CCP makes more off plex sales then subs.

If a person is looking to buy 1b isk using PLEX, then which of the following is better for CCP?

A) That person buying 3 PLEX at £16.99 each and selling them for 333m each to other players.

B) That person buying 2 PLEX at £16.99 each and selling them for 500m each to other players.
Lors Dornick
Kallisti Industries
#28 - 2012-10-08 16:03:44 UTC
Krixtal Icefluxor wrote:
Have 4 accounts. Tough financial month though. Wanted to buy PLEX as I usually do for at least 2 of the accounts.

1.2 Billion for 2 PLEX would wipe me out though.

So, this means 2 accounts are being suspended this month in the next 3 days. Loss for CCP. I'm sure I'm not the only one.


Erh? How can that be a loss for CCP?

CCP only receives money when people buy PLEX from them (or GTC from resellers).

Krixtal Icefluxor wrote:

If a 2 1/2 year player like myself cannot make this viable, the entire idea behind PLEX is blown to smithereens.


Hmm, the idea behind PLEX that people who have the time and willingness to invest said time and effort can buy game time from people who doesn't have that time and/or rather make that money in RL.

I can't see how your age in the game has anything to with that.

CCP Greyscale: As to starbases, we agree it's pretty terrible, but we don't want to delay the entire release just for this one factor.
Karl Hobb
Imperial Margarine
#29 - 2012-10-08 16:05:43 UTC
Bad Bobby wrote:
If a person is looking to buy 1b isk using PLEX, then which of the following is better for CCP?

If you take inflation into account, you get the following maths:

Bad Bobby wrote:
A) That person buying 3 PLEX at £16.99 each and selling them for 333m each to other players.

B) That person buying 3 PLEX at £16.99 each and selling them for 500m each to other players.

A professional astro-bastard was not available so they sent me.
Vertisce Soritenshi
The Scope
Gallente Federation
#30 - 2012-10-08 16:07:16 UTC  |  Edited by: Vertisce Soritenshi
CCP isn't forcing anybody to do anything. PLEX prices are governed by supply and demand. Simple as that. I am sure there are people that buy up mass amounts of PLEX and resell them raising the cost of PLEX artificially. I saw a guy the other day with over 100 PLEX for sale. He is likely a PLEX trader and thats how he makes his money.

Frankly...the cheaper PLEX is...the more profitable for CCP they are.

Bounties for all! https://forums.eveonline.com/default.aspx?g=posts&m=2279821#post2279821
Brooks Puuntai
Solar Nexus.
#31 - 2012-10-08 16:08:00 UTC
Bad Bobby wrote:
Brooks Puuntai wrote:
If anything this is good for CCP because it means more people are going to buy Plex for $$ in order to get the injection of isk due to its high price, which CCP makes more off plex sales then subs.

If a person is looking to buy 1b isk using PLEX, then which of the following is better for CCP?

A) That person buying 3 PLEX at £16.99 each and selling them for 333m each to other players.

B) That person buying 2 PLEX at £16.99 each and selling them for 500m each to other players.



Obviously A. However if the ingame price of isk is too low then people won't have the same incentive to buy the plex in the first place. Meaning someone would be more willing to buy a plex to resell when the price is at 500 whereas if it's at 333 then they might not find it worth the 16.99.

CCP's Motto: If it isn't broken, break it. If it is broken, ignore it. Improving NPE / Dynamic New Eden
Azitek
Serenity Labs
#32 - 2012-10-08 16:09:22 UTC
Lets say you can make 40 mil/hour running lvl 4's. That's 15 hours a month, or less than 4 hours a week. Even at 30 mil/hour, that's only 5 hours a week, which I'd call the "casual" range. It seems like a PLEX per month shouldn't be affordable to "casual" players, but perhaps I'm wrong here.

And honestly, if you put some effort into finding passive/semi-passive ISK sources, most people can still afford a PLEX per account per month if they want.
baltec1
Bat Country
Pandemic Horde
#33 - 2012-10-08 16:16:51 UTC
Hundreds of bots have come back on in the last month and all of them use plex.
Amber Coldheart
Doomheim
#34 - 2012-10-08 16:17:07 UTC
Azitek wrote:
Lets say you can make 40 mil/hour running lvl 4's. That's 15 hours a month, or less than 4 hours a week. Even at 30 mil/hour, that's only 5 hours a week, which I'd call the "casual" range. It seems like a PLEX per month shouldn't be affordable to "casual" players, but perhaps I'm wrong here.

You are not wrong. Null dwellers keep mentioning 60 million an hour for 0.0 belt ratting, and while that obviously is not an option for high sec, we have missioning or mining (whatever the skills of the player are best suited for).

Even a casual player should be able to make 500 - 600 million a month without breaking a sweat.
Inquisitor Kitchner
The Executives
#35 - 2012-10-08 16:20:35 UTC
Krixtal Icefluxor wrote:

So, this means 2 accounts are being suspended this month in the next 3 days. Loss for CCP. I'm sure I'm not the only one.



OH NO!!!!!!


Those two accounts that you weren't going to be paying real money for wont have fake in game money paying for them and wont be active?!?!?!?

CCP's entire financial business model will run into the ground if players like you stop paying fake money to extend their character's game time Sad


Seriously though, you run 4 account and can't afford 1.2 bil a month? I run one account (because I believe alts are for cissies) and I can easily make a billion in a month.

What on earth do you use all the alts for?!

"If an injury has to be done to a man it should be so severe that his vengeance need not be feared." - Niccolo Machiavelli
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#36 - 2012-10-08 16:25:50 UTC
Brooks Puuntai wrote:
Bad Bobby wrote:
Brooks Puuntai wrote:
If anything this is good for CCP because it means more people are going to buy Plex for $$ in order to get the injection of isk due to its high price, which CCP makes more off plex sales then subs.

If a person is looking to buy 1b isk using PLEX, then which of the following is better for CCP?

A) That person buying 3 PLEX at £16.99 each and selling them for 333m each to other players.

B) That person buying 2 PLEX at £16.99 each and selling them for 500m each to other players.



Obviously A. However if the ingame price of isk is too low then people won't have the same incentive to buy the plex in the first place. Meaning someone would be more willing to buy a plex to resell when the price is at 500 whereas if it's at 333 then they might not find it worth the 16.99.

If there was a massive flood of people willing to exchange £16.99 for 600m+ now, then the price wouldn't still be going up.

The market is working, trying to encourage people to part with £s for ISK. Sadly people don't have the £s to spare right now.
RAGE QU1T
Deep Core Mining Inc.
Caldari State
#37 - 2012-10-08 16:26:17 UTC
Andski wrote:
RAGE QU1T wrote:
Andski wrote:
Power of Two and resculpts for PLEX seem to be the culprit for this recent spike.


Wrong again, Power of Two was around when Plexes were going for 250-300 mil son


So you're saying that PLEX were going for 250-300M less than two weeks ago? Huh, no they weren't, son.


2 yrs ago
BORRIS DEMONTFORD
THE OFFENDERS
#38 - 2012-10-08 16:28:55 UTC
Get a job?
Jori McKie
Hedion University
Amarr Empire
#39 - 2012-10-08 16:29:35 UTC
Bad Bobby wrote:
Brooks Puuntai wrote:
If anything this is good for CCP because it means more people are going to buy Plex for $$ in order to get the injection of isk due to its high price, which CCP makes more off plex sales then subs.

If a person is looking to buy 1b isk using PLEX, then which of the following is better for CCP?

A) That person buying 3 PLEX at £16.99 each and selling them for 333m each to other players.

B) That person buying 2 PLEX at £16.99 each and selling them for 500m each to other players.


Depends on how much you get for your ISK. The PLEX price reflects supply and demand and the Inflation. In other words 6 months ago you could buy roughly 4x Tier 3 Battleships with 1x PLEX, now it is roughly 2x Tier 3 Battleships with 1x PLEX. PLEX prices will rise until supply/demand and the inflation found a new equilibrium. Mineral (and to some extend moongoo) prices and it's supply/demand were always playing a huge role in the PLEX price.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." - Abrazzar
Destination SkillQueue
Doomheim
#40 - 2012-10-08 16:34:29 UTC
Azitek wrote:
Lets say you can make 40 mil/hour running lvl 4's. That's 15 hours a month, or less than 4 hours a week. Even at 30 mil/hour, that's only 5 hours a week, which I'd call the "casual" range. It seems like a PLEX per month shouldn't be affordable to "casual" players, but perhaps I'm wrong here.

And honestly, if you put some effort into finding passive/semi-passive ISK sources, most people can still afford a PLEX per account per month if they want.


I don't think paying by PLEX is about being able to afford it in-game. Most people could afford it, but they would also like to play the game as they want. Therefore it's all about being able to casually afford it. If you can't casually afford it, you're going to have to work and grind, which alters the enjoyment you get from a game, so you're better off paying with RL monies. It only amounts to a price of a movie ticket/month, if you have a yearly sub, so for average westerners about an hour or two of work IRL. That is why paying by PLEX only makes sense, if you can do it without too much effort or when you have no good/steady sources of income IRL.