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PLEX Over 600m now....
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Anslo
Scope Works
#61 - 2012-10-08 18:05:15 UTC
Darth Gustav wrote:
Anslo wrote:
Darth Gustav wrote:
DarthNefarius wrote:
Andski wrote:
Power of Two and resculpts for PLEX seem to be the culprit for this recent spike.


FW tier 5 is probably a bigger culprit.. I suspect in a bit the Tourney PLEX auction soon will also become a big PLEX spike culprit in a little bit.... how much longer until 700million PLEX? Shocked

Why is it relevant? If plexes sell for 700M, that's because the market allows them to sell for 700M.

I wish I could say I were surprised to see DarthNefarius qq'ing over economic burdens, though. Blink


We don't care what the market allows. We demand CCP's direct interference to curb these anti-proletariat 1% price gougers. The market should serve the people, and not the rich!

Have fun with that when PLEX are a capitalist concept. Roll


Then we overturn capitalism. SOCIALISM FOR EVE! SOCIALISM FOR ALL! FOR THE MOLETARIA...er PROLETARIAT!

[center]-_For the Proveldtariat_/-[/center]
Skydell
Bad Girl Posse
#62 - 2012-10-08 18:07:12 UTC
My question is,
Why aren't you grinding?

No Plex ISK to be made on the forum. Get back to work. My POS aint gonna fuel itself.
Onictus
Federal Navy Academy
Gallente Federation
#63 - 2012-10-08 18:09:56 UTC
Since I tend to rat with my VISA anyway, meh.

It can keep going up, I have a pile sitting in a market hub anyway.
Alavaria Fera
GoonWaffe
#64 - 2012-10-08 18:20:32 UTC
Anslo wrote:
Darth Gustav wrote:
Have fun with that when PLEX are a capitalist concept. Roll

Then we overturn capitalism. SOCIALISM FOR EVE! SOCIALISM FOR ALL! FOR THE MOLETARIA...er PROLETARIAT!

Guess who the corrupt leadership on the top taking all your things away to "redistribute" it to themselves will be.

Hah.

Triggered by: Wars of Sovless Agression, Bending the Knee, Twisting the Knife, Eating Sov Wheaties, Bombless Bombers, Fizzlesov, Interceptor Fleets, Running Away, GhostTime Vuln, Renters, Bombs, Bubbles ?
Reticle
Sight Picture
#65 - 2012-10-08 18:25:19 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.

The current Power of Two has been ongoing for well over 8 months. It has been an option in Account Management whether or not they were advertising it elsewhere. Power of Two in general has been around for far longer than that.

Srsly? You think resculpts are the culprit too? That's just silly.
Ariel Dawn
State War Academy
Caldari State
#66 - 2012-10-08 18:29:04 UTC
90 day GTCs used to sell for 270-300m years ago.

PLEXes when they initially came out sold for 260m.

Another year, PLEXes will be 750-900m.

More content is slated that will utilize PLEX/AUR for customization.

Long-term, the price of game time is the most stable thing there is in EVE with a constant trend of up.
Isabelle Silver
Perkone
Caldari State
#67 - 2012-10-08 18:29:42 UTC
This is the end. The bitter, bitter end.
Bart Starr
Aggressive Structural Steel Expediting Services
#68 - 2012-10-08 18:29:55 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.


HAHAHA, Peasant.

I like expensive PLEX it drives the wannabes out.
Mokanor Lenak
Odd Fluffy Bunnies
#69 - 2012-10-08 18:37:26 UTC
Bart Starr wrote:

I like expensive PLEX it drives the wannabes out.


What wannabes?
You like less people playing the game? So you like less money coming into the game? And so you want the game to die because of too high upper limit?

Either you are super high, or really hate this game.

The FW huge income because of more people abusing it again drives prices up. Inflation is too high right now that people will start leaving it suspending accounts. Its not very good for CCP even though bitter people like to see empty space everywhere with nothing to do.
RAGE QU1T
Deep Core Mining Inc.
Caldari State
#70 - 2012-10-08 18:37:28 UTC
"Cry havoc and let slip the dogs of war"
shadowhearth Eto
Subsidy H.R.S.
Xagenic Freymvork
#71 - 2012-10-08 18:49:39 UTC
i am very new player to eve ( around 25 days in ) and i might sound crazy, but 500-600mil is very very cheap for a 30 days of game time. EVE players should be lucky to be able to plex their accounts for game time. no other mmorpgs do that.

so i am 25 days in from a zero and i got 2xretrievers, 1xcovetor and 440mil with around 50-60mil wirth in ore on top of that. I am pure noob who spent a lot of time in osprey in low nooby ships untill i realised i need retriever etc...


what i am trying to say: for a non noob player to make 500mil isk is freaking **** easy. If i managed to mine up 110mil in one day while watching movies, playing borderlands 2 or reading forums, then all of you "hardcore players" should be able to make a lot more then i can at my current state.
RAGE QU1T
Deep Core Mining Inc.
Caldari State
#72 - 2012-10-08 18:52:20 UTC
shadowhearth Eto wrote:
i am very new player to eve ( around 25 days in ) and i might sound crazy, but 500-600mil is very very cheap for a 30 days of game time. EVE players should be lucky to be able to plex their accounts for game time. no other mmorpgs do that.

so i am 25 days in from a zero and i got 2xretrievers, 1xcovetor and 440mil with around 50-60mil wirth in ore on top of that. I am pure noob who spent a lot of time in osprey in low nooby ships untill i realised i need retriever etc...


what i am trying to say: for a non noob player to make 500mil isk is freaking **** easy. If i managed to mine up 110mil in one day while watching movies, playing borderlands 2 or reading forums, then all of you "hardcore players" should be able to make a lot more then i can at my current state.


You sir on "Crack", there were some people back in the day who had a hard time paying plex when they were going at 250
Gogela
Epic Ganking Time
CODE.
#73 - 2012-10-08 18:56:36 UTC
Karl Hobb wrote:
Oh man, this is awesome. If you see this Gogela, thanks, that investment is going to pay off (one way or another).

Yah... don't thank me yet because the other shoe will drop eventually. What's happening now is the winter "hype" bubble. This thread isn't helping. I expect PLEX to go up in price as people get amped for the next expansion and what we assume will be DUST players coming into the game... but what threads like this do is get everybody speculating... which creates a bubble. Any time people are investing in something they don't intend to consume, the supply and demand equation gets biased towards false demand. PLEX prices are not rising at a natural rate right now. People are speculating and it's moving up at an imbalanced pace. Just be careful Karl. Yes you can make a fortune... but you can just as easily loose one by leveraging in the wrong direction! That said, if you bought your stock at 550 mil / PLEX, I don't think it will ever drop below that again. So GL!

Signatures should be used responsibly...
James Amril-Kesh
Viziam
Amarr Empire
#74 - 2012-10-08 18:58:59 UTC
Kyt Thrace wrote:
Do people really NOT understand Supply & Demand :P

You mean CCP?
I can't figure out why they keep introducing MORE uses for PLEX when that market is already ridiculously inflated.

Enjoying the rain today? ;)
Darth Gustav
Sith Interstellar Tech Harvesting
#75 - 2012-10-08 19:00:51 UTC
Gogela wrote:
Karl Hobb wrote:
Oh man, this is awesome. If you see this Gogela, thanks, that investment is going to pay off (one way or another).

Yah... don't thank me yet because the other shoe will drop eventually. What's happening now is the winter "hype" bubble. This thread isn't helping. I expect PLEX to go up in price as people get amped for the next expansion and what we assume will be DUST players coming into the game... but what threads like this do is get everybody speculating... which creates a bubble. Any time people are investing in something they don't intend to consume, the supply and demand equation gets biased towards false demand. PLEX prices are not rising at a natural rate right now. People are speculating and it's moving up at an imbalanced pace. Just be careful Karl. Yes you can make a fortune... but you can just as easily loose one by leveraging in the wrong direction! That said, if you bought your stock at 550 mil / PLEX, I don't think it will ever drop below that again. So GL!

I'd like to translate this for all the movers and shakers:

Buy PLEX low now.

Sell PLEX high later.

Value = Demand / Supply

This has been a public service announcement from Darth Gustav.

He who trolls trolls best when he who is trolled trolls the troller. -Darth Gustav's Axiom
Darth Gustav
Sith Interstellar Tech Harvesting
#76 - 2012-10-08 19:01:26 UTC
James Amril-Kesh wrote:
Kyt Thrace wrote:
Do people really NOT understand Supply & Demand :P

You mean CCP?
I can't figure out why they keep introducing MORE uses for PLEX when that market is already ridiculously inflated.

Value = Demand / Supply.

He who trolls trolls best when he who is trolled trolls the troller. -Darth Gustav's Axiom
James Amril-Kesh
Viziam
Amarr Empire
#77 - 2012-10-08 19:03:03 UTC
Darth Gustav wrote:
James Amril-Kesh wrote:
Kyt Thrace wrote:
Do people really NOT understand Supply & Demand :P

You mean CCP?
I can't figure out why they keep introducing MORE uses for PLEX when that market is already ridiculously inflated.

Value = Demand / Supply.

The supply isn't increasing by any substantial amount, but the demand is.
Value goes up.
I understand this, and that's the point I was making.

Enjoying the rain today? ;)
RAGE QU1T
Deep Core Mining Inc.
Caldari State
#78 - 2012-10-08 19:05:42 UTC
Also in regards to Character transfers they now cost "2 Plexe's" per transfer when they use to cost only 1.
Karl Hobb
Imperial Margarine
#79 - 2012-10-08 19:07:47 UTC
Gogela wrote:
Just be careful Karl. Yes you can make a fortune... but you can just as easily loose one by leveraging in the wrong direction! That said, if you bought your stock at 550 mil / PLEX, I don't think it will ever drop below that again. So GL!

I appreciate the advice (and the speculation Big smile). I made a few hundred mil off the recent zydrine speculation so I feel that even little 'ole amateurish me can watch for bubble signs. Even so, PLEX is special in that it's game time, so it's pretty much win-win for me anyway.

A professional astro-bastard was not available so they sent me.
Gogela
Epic Ganking Time
CODE.
#80 - 2012-10-08 19:14:24 UTC
Karl Hobb wrote:
Gogela wrote:
Just be careful Karl. Yes you can make a fortune... but you can just as easily loose one by leveraging in the wrong direction! That said, if you bought your stock at 550 mil / PLEX, I don't think it will ever drop below that again. So GL!

I appreciate the advice (and the speculation Big smile). I made a few hundred mil off the recent zydrine speculation so I feel that even little 'ole amateurish me can watch for bubble signs. Even so, PLEX is special in that it's game time, so it's pretty much win-win for me anyway.

That's why I don't really speculate in it (PLEX). There's no telling what can happen. You can make a ton of ISK every month just playing swings... but there's so much risk. DUST is a big variable. I'll be the first to admit that despite my speculation, I really have no idea what's actually going to happen with DUST. What if EvE gets a million new nubs in a month or two? It could totally happen. What would happen to the market? No idea. Will they be more likely to buy PLEX and sell it on the market? I would bet so. That could actually crash the PLEX market. Buy things with low volume for a good chance of a win b4 DUST is on TQ... is my wild a** guess on how to invest.

Signatures should be used responsibly...