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PLEX Over 600m now....

Author
Cede Forster
Deep Core Mining Inc.
Caldari State
#161 - 2012-10-09 12:46:18 UTC  |  Edited by: Cede Forster
really? no one mentioned that the value of a currency is not defined by the quantity but rather buy the ability to buy a product for it?

You need to compare what you can buy for 600 million ISK (in ships, modules, whatever you spend your money on) to what you used to pay for your PLEX and what it was worth then (in ships, modules, ect)

If you do not even bring the effort to go beyond "50 years ago you could buy a new car for a thousand dollar, news cars sure got expensive, don't you think so folks" - it is not really worth the time writing it


but then again this isnt supposed to be a realistic assement of the situation, this is just bitching that you have to pay more for your PLEX - so the proper answer is likely "bo boho, htfu"

Also: I didn't see any "over 9000" jokes - what is going on?
Janet Patton
Brony Express
#162 - 2012-10-09 12:48:10 UTC
Well if ISK is as easy to make as everyone claims (Which is like the government printing money). Then that will just keep driving PLEX prices upward (Just like how fuel cost keep going up) I love economics. EVE has many parallels to RL markets that are much easier to follow here.

Why do I have this sig? I don't smoke.

Veshta Yoshida
PIE Inc.
Khimi Harar
#163 - 2012-10-09 13:03:02 UTC  |  Edited by: Veshta Yoshida
Pretty steady increase the past 3 months, no spikes worth mentioning. There is simply way too much ISK in the system .. Inflation ahoy!

Botting on TQ is probably the main culprit as it makes a mockery of any model CCP might be using to gauge ISK faucets, thus preventing them from ever being balanced properly.

Serenity (chinese server) staff turned a blind eye (or one eye only) to botting and PLEX there were between 0.9-1B a pop with everyone and their grandmother flying well above their means/age (if it was on TQ).
We also have people flying well above their means/age, with noobs (literal noobs) hopping around in BCs/BSs, practically the second they can board them .. back in the day I had to slave save for what seemed ages to make that transition. If we were to eliminate bots from the equation so that ISK had a direct corollary with human time spent, the unicorns would once again begin farting those delicious rainbows .. the bot lobby must be insanely powerful as CCP has just a few people devoted to it and have so far neglected to introduce actual consequences to using and harbouring the fiends.

CCP:
- Re-tweak null plexes (ban all complainers, they are in all likelihood bot operators).
- Re-tweak mission ISK payouts (ban all complainers, they are in all likelihood bot operators).
- Re-tweak Incursions (chastise all complainers, they are bloody whiners).

In that order as the first two are highly botable whereas the last less so. Oh, and give Screegs more drugs caffeine .. seems he is unable to keep up so he must be made to run/work faster!
Bobb Smith
Doomheim
#164 - 2012-10-09 13:14:50 UTC
PLEX prices ARE getting out of hand
Wacktopia
Fleet-Up.com
Keep It Simple Software Group
#165 - 2012-10-09 13:36:31 UTC  |  Edited by: Wacktopia
1. CCP made PLEX more expensive than 30 days game time by about 40% (?)
2. People probably started buying game time directly instead of PLEX wish rl cash
3. Number of PLEX in economy went down
4. Demand remained unchanged
5. Price goes up.

It's been on the cards for a while. Anyone wanting to buy PLEX or make ISK from it should have bought some a while back when the knowledge of 1. was known by the few and before the price shot up. Big smile

Kitchen sink? Seriousy, get your ship together -  Fleet-Up.com

Gerald Taric
NEO DYNAMICS
#166 - 2012-10-09 13:37:11 UTC
Bobb Smith wrote:
PLEX prices ARE getting out of hand
well, then let's try to avoid buying them.
Val'Dore
PlanetCorp InterStellar
#167 - 2012-10-09 13:42:00 UTC
PLEX are EvE's Gold.

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide

Serena Serene
Heretic University
#168 - 2012-10-09 13:52:38 UTC
Wacktopia wrote:
1. CCP made PLEX more expensive than 30 days game time by about 40% (?)
2. People probably started buying game time directly instead of PLEX wish rl cash
3. Number of PLEX in economy went down
4. Demand remained unchanged
5. Price goes up.

It's been on the cards for a while. Anyone wanting to buy PLEX or make ISK from it should have bought some a while back when the knowledge of 1. was known by the few and before the price shot up. Big smile


But .. if people would instead buy PLEX with rl cash to increase their game time, they'd of course -use- it, and it'd never really enter the economy anyway...

So.. according to you:
Before they used PLEXs to increase their game time and no PLEXs were added to the market by them.
Now they buy game time directly and no PLEXs are added to the market by them.


... I don't get how you conclude your point 3 from that.
Lors Dornick
Kallisti Industries
#169 - 2012-10-09 13:57:22 UTC
Hrothgar Nilsson wrote:
I was wondering, is it considered RMT if a Euro has an American get his PLEX for him to take advantage of the favorable exchange rate?

Why get an american do do it?

Buy a GTC from a US site that accepts payment in USD?

If that is RMT that I'm guilty and has been for years.

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.

Uwara
The Ares project
#170 - 2012-10-09 13:59:49 UTC
Veshta Yoshida wrote:
Pretty steady increase the past 3 months, no spikes worth mentioning. There is simply way too much ISK in the system .. Inflation ahoy!

CCP:
- Re-tweak null plexes (ban all complainers, they are in all likelihood bot operators).
- Re-tweak mission ISK payouts (ban all complainers, they are in all likelihood bot operators).
- Re-tweak Incursions (chastise all complainers, they are bloody whiners).

In that order as the first two are highly botable whereas the last less so. Oh, and give Screegs more drugs caffeine .. seems he is unable to keep up so he must be made to run/work faster!


Kinda noticed you didn't mention the most profitable one of all. FW and a orbiting frigate.
Null plexes give good money, but there is "some" risk involved. Not unbalanced...much.
Missions, you really think that missions are the problem now? There are way better/faster/easier ways to make money.
Incursions were already nerfed to hell, I dunno if they were fixed.

But all of that is nothing compared to tenths of billions monthly made with a 8 day old char in a orbit frigate without weapons.
Didn't notice a flood of implants and 90 plex on killmails when incursions were FOTM.

But today you get idiots with 20+bill loot in a crappy ship undocking and getting killed, who buys 150+ of each +3 or +4 implants and tries to sell them in Jita? They are bought with LP, and 3 guesses who stamps out LP right now... there is your inflation problem, at least bigger that 3 you mentioned.

Won a G510 keyboard in AT-X on  21.07.2012. Still not delivered, CCP keeps quiet. Customer support needs a raise.

Terranid Meester
Tactical Assault and Recon Unit
#171 - 2012-10-09 14:06:35 UTC
Plexes are worth whatever Dr Evil asks - This is the plan
Kaivar Lancer
Doomheim
#172 - 2012-10-09 14:56:20 UTC
Veshta Yoshida wrote:

Serenity (chinese server) staff turned a blind eye (or one eye only) to botting and PLEX there were between 0.9-1B a pop with everyone and their grandmother flying well above their means/age (if it was on TQ).


1b PLEX... the day is coming...!
Kaivar Lancer
Doomheim
#173 - 2012-10-09 15:20:33 UTC
And ponder this, plebs.

CCP is increasing the demand side of the equation with new schemes to consume PLEX. What will increase the supply side? If the Eve universe is awash with easily-obtainable ISK, there's not much incentive for players to sell PLEX for ISK when they can easily earn that ISK instead. Selling PLEX will only become worthwhile once price is high enough.

BUY BUY BUY
Wacktopia
Fleet-Up.com
Keep It Simple Software Group
#174 - 2012-10-09 16:31:23 UTC  |  Edited by: Wacktopia
Serena Serene wrote:
Wacktopia wrote:
1. CCP made PLEX more expensive than 30 days game time by about 40% (?)
2. People probably started buying game time directly instead of PLEX wish rl cash
3. Number of PLEX in economy went down
4. Demand remained unchanged
5. Price goes up.

It's been on the cards for a while. Anyone wanting to buy PLEX or make ISK from it should have bought some a while back when the knowledge of 1. was known by the few and before the price shot up. Big smile


But .. if people would instead buy PLEX with rl cash to increase their game time, they'd of course -use- it, and it'd never really enter the economy anyway...

So.. according to you:
Before they used PLEXs to increase their game time and no PLEXs were added to the market by them.
Now they buy game time directly and no PLEXs are added to the market by them.


... I don't get how you conclude your point 3 from that.


I guess I was saying that more people would just buy PLEX and hold on to it and use it as and when they needed it to either pay for game time or sell for ISK. I've done this before.... buy a bunch of PLEX and either use it on game time or ISK if I get short. I'm sure lots of other people have too.

Because the price for PLEX is now higher than directly paying for game time the most likely reason someone would buy it with RL cash would be to sell it for ISK. So there are probably fewer PLEX in general.

Kitchen sink? Seriousy, get your ship together -  Fleet-Up.com

Bobb Smith
Doomheim
#175 - 2012-10-09 16:56:32 UTC
You all do reaize that, with a few lines of code, CCP could add or subtract any amount of ISK they wanted to, right?
ISquishWorms
#176 - 2012-10-09 17:10:12 UTC  |  Edited by: ISquishWorms
Maybe, just maybe a lot of players who used to buy and sell plex to aquire and fulfill their isk requirements left the game? Thus even if as others say the demand for PLEX remains the same, perhaps there are simply less available?

‘No, this isn't it at all. Make it more... psssshhhh’.

Conrad Makbure
Center for Advanced Studies
Gallente Federation
#177 - 2012-10-09 17:14:39 UTC
Over 600 mill? Damn, now is a good time to buy pled and resell in the market for an insanely high price to the basement dwellers. Awesome.
Demolishar
United Aggression
#178 - 2012-10-09 17:21:27 UTC
I will be closing at least 50 accounts. Not even joking. It's no longer cost-effective to have so many, and I see myself perhaps even dropping down into single figures if this madness continues. 150M increase may not be much per PLEX, but it REALLY adds up over nearly a hundred accounts.
Ginger Barbarella
#179 - 2012-10-09 17:22:45 UTC
Kyt Thrace wrote:
Do people really NOT understand Supply & Demand :P


No.

"Blow it all on Quafe and strippers." --- Sorlac

Teibor
Quay Industries
#180 - 2012-10-09 17:38:03 UTC
This is not a moan about Plex costs rising, nor is it a moan about not understanding supply & demand. This is simply an observational post that if Plex prices continue to rise, it can only be of a detrimental effect to the game.

Many players quite simply, cant afford to play Eve with rl cash and as such rely on earning enough ISK with which to subscribe. Eventually the cost of Plex will reach a value where it isnt possible for these players to contniue subscribing as its impossible to gather together the ISK in time.